Forty-third annual report [1962]

Forty-third Annual Report
SUPERINTENDENT of BANKS of GEORGIA

1962

W. D. TRIPPE
Superintendent

STATE OF GEORGIA
Department of Banking
CREATED BY ACT APPROVED AUGUST 16, 1919
Forty-third Annual Report
YEAR ENDING DECEMBER 31, 1962
DEPARTMENT ESTABLISHED
An Act to create the Department 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
December 31, 1962
To His Excellency, Honorable Ernest Vandiver, Governor of Georgia, Atlanta, Georgia.
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-third Annual Report of the Department of Banking for the year ending December 31, 1962.
The pertinent facts revealed in the consolidated report are that total assets of the 314 State banks in Georgia increased 7.04% over the 1961 year-end totals. Deposits rose to an all time high level of $1 billion five hundred and fortyone thousand, representing an increase of 7.07% over the previous year-end. Total capital funds, loan ratios and investments in U. S. Government and municipal obligations rate favorably among the other states of the nation. It is my considered opinion that the financial condition of our State banks is sound and are an important factor in meeting the credit needs of our expanding economy. There were no bank failures in our State during the past year.
Respectfully,
W.D. Trippe
Superintendent of Banks

IV

DEPARTMENT OF BANKING

Exhibit "A"

OFFICIAL ROSTER
DECEMBER 31, 1962

Annual Salary W. D. Trippe, Superintendent of Banks ............................ $13,800.00 W. M. Jackson, Assistant Superintendent of Banks ................... 11,580.00 W. A. Ramsey, Review Examiner.................................. 9,060.00
SENIOR BANK EXAMINERS
Aycock, M. T., Decatur, Ga....................................... $ 9,060.00 Brooks, B. T., Decatur, Ga........................................ 9,060.00 Brown, J. B., Vidalia, Ga......................................... 9,060.00 Callier, Robert H., Jr., Dublin, Ga................................. 8,724.00 Goodloe, Hallum, W., Jr., Decatur, Ga.............................. 8, 724.00 Jones, Frank J., Chula, Ga.................................. ,..... 7,524.00 Martin, Edwin G., Decatur, Ga.................................... 7,524.00 Paxton, Walter A., Albany, Ga.................................... 8,724.00 Sams, Marion 0., Atlanta, Ga..................................... 7,272.00
ASSISTANT BANK EXAMINERS
Bolden, Charles E., Decatur, Ga................................... $ 7,020.00 Bridges, Ray F., Stone Mountain, Ga............................... 6,060.00 Brown, Harold S., Vidalia, Ga..................................... 6,540.00 Diamond, Paul L., Cedartown, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4, 800.00 Fisher, D. W., Dublin, Ga......................................... 5,592.00 Gray, Burch J., Forest Park, Ga................................... 5,592.00 Horton, Luther G., Jr., Doraville, Ga............................... 5,820.00 Mimbs, Norman E., Albany, Ga................................... 5,820.00 Pierce, D. Neil, Vidalia, Ga.......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,820.00 Shannon, Wm. E., Jr., Albany, Ga................................. 5,592.00
OFFICE ASSISTANTS
Cunningham, Lucy T., Senior Clerk ................................ $ 4,284.00 Ethridge, LaVerne Jean, Senior Clerk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4, 284. 00 Evans, Sara Nell, Intermediate Stenographer........................ 3,060.00 Jones, Evelyn W., Accountant..................................... 5,820.00 Lee, Dorothy L., Senior Clerk..................................... 3,420.00 Moody, Kathleen, Intermediate Typist. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 180.00 Wyrick, Annette S., Confidential Secretary. . . . . . . . . . . . . . . . . . . . . . . . . . 5, 592.00
CREDIT UNION DIVISION
Arnold, Thomas G., McDonough, Ga., Supervisor .................... $ 7, 272.00 Grovensteen, George W., Atlanta, Ga., Examiner.................... 7,020.00 Gunn, Robert H., Atlanta, Ga., Examiner ........................... 6,780.00 Jenkins, Patricia Ann, Atlanta, Ga., Principal Stenographer........... 3,828.00
Dunn, James R., Porter.......................................... 2,160.00

FORTY-THIRD ANNUAL REPORT

v
Exhibit "B"

DEPARTMENT OF BANKING, STATE OF GEORGIA

RECEIPTS AND DISBURSEMENTS 1962

RECEIPTS Balance January 1, 1962....................... $ 7,641.02 Received from Appropriation. . . . . . . . . . . . . . . . . . . 306,231.16 Miscellaneous Income. . . . . . . . . . . . . . . . . . . . . . . . . 241. 95
$314,114.13

DISBURSEMENTS Superintendent's Salary........................ $ 13,800.00 Assistant Superintendent's Salary............... 11,400.00 Examiners' Salaries........................... 160,550.19 Office Assistants' Salaries . . . . . . . . . . . . . . . . . . . . . . 31 ,937. 59 Travel Expenses .............................. 55,089.73 Supplies and Material ........................ . 1,641.37 Communication .............................. . 4,213.64 Printing and Publicity........................ . 4,415.14 Repairs and Alterations....................... . 1,084.77 Rent (~uipment) .......................... . 1,160.41 Insurance and Bonding ....................... . 838.50 Pensions.................................... . 21,948.11 ~uipment .................................. . 1,937.25 Miscellaneous ............................... . 532.21

$310,548.91

Balance December 31, 1962 ............... .

$ 3,565.22

VI

DEPARTMENT OF BANKING

CHARTERS APPROVED

NAME oF BANK

LocATION

Jeff Davis Bank ........................... Hazlehurst ............ .

The Citizens Bank of Dallas. . . . . . . . . . . . . . . . Dallas ............... .

Bank of Byron. . . . . . . . . . . . . . . . . . . . . . . . . . . . Byron ................ .

Metropolitan State Bank Augusta 00 00 00 00

00 00 00 . . . . . .

Exhibit "C"
APPROVED
6-28--62 7-16--62 10--16--62 12- 3-62

CHARTERS DISAPPROVED

NAME OF BANK

LocATION

The Peoples Bank of Bremen. . . . . . . . . . . . . . . Bremen .............. .

Exhibit "D"
DISAPPROVED

RENEWAL OF CHARTERS APPROVED

NAME OF BANK

LOCATION

B a n k of Wadley 00 00 00 . . . . Citizens Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fanners Bank of Pelham 00 .. .. .. Ashburn Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . The Woodbury Banking Company. . . . . . . . . .

Wadley .............. . Warrenton............ . Pelham .............. . Ashburn .............. . Woodbury ............ .

Exhibit "E"
APPROVED
1-26--62 2-27--62 3-29-62 4-18--62 7-23-62

PERMITS TO BEGIN BUSINESS

Exhibit "F"

NAME OF BANK

LOCATION

BEGAN BusiNEss

Pineland State Bank. . . . . . . . . . . . . . . . . . . . . . . Metter............... . Jeff Davis Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . Hazlehurst ........... .

10--15--62 12- 1--62

PERMITS TO ENTER VOLUNTARY LIQUIDATION

Exhibit "G"

NAME OF BANK

LocATION

The Citizens and Southern Bank of Atlanta. . Atlanta .............. .

DATE
5--31--62

FORTY-THIRD ANNUAL REPORT

APPROVAL OF SURRENDER OF CHARTER

NAME OJ!' BANK

LoCATION

The Citizens and Southern Bank of Atlanta. . Atlanta .............. .

VII Exhibit "H"
APPROVED
6-~2

Exhibit "1"

APPLICATIONS TO INCREASE CAPI1.'AL STOCK APPROVED

NAME OJ!' BANK

LocATION APPROVED

Bank of Dahl~ ............... Dahl~.

The Tattnall

............... Rei e ....

Richmond County Bank........... Augusta.......

Tennille~ Company........ Tennille.......

Tri-County

of Royston ....... Royston.......

Commercial Bank ................ Bowdon.......

Toney Brothers Bank ............. Doerun .......

Bank of Adairsville ............... Adairsville.....

Sea Island Bank .................. Statesboro.....

The Carver Sa:f Bank ......... Savannah .....

Firat State Bank Trust Company Albany........

Jasper Banking Company.......... Jasper ........

The Citizens Bank............... HoPnsville....

The Geo. D. Warthen Bank........ Sanderaville....

Georgia Railroad Bank &

Trust Com~y ................ Augusta .......

The Bank of orcroBB............. Norcl'088 ......

Cobb Exc~ Bank ............. Marietta ......

The Bank of F{tette ........... LaFayette.....

Durden B.anking mpany,

Incorporated................... Twin City.....

Columbus Bank and Trust Company Columbus ...

Bank of Terrell................... Dawson.......

Citizens State Bank............... Warner Robins

Farmers and Merchants Bank...... Brooklet ......

Planters & Citizens Bank.......... Camilla .......

The Exchange Bank of Wrightsville Wrightsville .. ,

Excha.Jlge Bank .................. Milledgeville ...

Cairo Bankin~mpany . . . . . . . . . . Cairo .........

The Citizens

of Ashburn ..... Ashburn .......

The Exchange Bank of Springfield. = e l d.....

Firat State Bank .................

oeta ......

The Morris State Bank............ Dublin........

Rochelle State Bank .............. Rochelle.......

Farmers & Merchants Bank........ Eatonton......

Citizens State Bank ............... Alma .........

Bankof~ld ................. Ringgold ......

The Citizens Southern Newnan

Bank.......................... Newnan.......

The Citizens Bank............... Folkston ......

The Peoples Bank ................ Lithonia.......

Citizens Bank of Hahira........... Hahira ........

Bank of Smyrna.................. Smyrna.......

Commercial State Bank ........ Donalsonville .

1- 9--62 1-16-62 1-16-62 1-17-62 1-24-62 1-24-62 1-26-62 1-30-62 1-30-62 2- 2-62 2- 8-62 2- 9--62 2-14-62 2-19--62
2-23--62 2-26-62 2-27-62 3- 6-62
3- 8-62 3-15-62 4--18-62 5-- 3-62 5-- 3-62 5-- 9--62 5--31-62 6-20-62 6-22-62 7- 9--62 7-18-62 7-23--62 8- 3-62 8- 7-62 9-13-62 10- 3-62 10- 9--62
10-24-62 11- 9--62 11-29--62 12-14-62 12-17-62 12-19--62

AMOUNT OJ!' INCREASE
s 50,000to s 100,000 50,000 to 100,000 100,000to 120,000 50,000to 100,000 50,000to 100,000 50,000to 100,000 25,000to 50,000 25,000to 50,000 125,000to 150,000 100,000to 150,000 725,000to 750,000 50,000to 100,000 100,000 to 120,000 100,000 to 200,000

2,250,000 to 2,500,000 30,000to 60,000 250,000to 300,000 100,000to 150,000

25,000to 50,000 1,500,000 to 1,700,000
100,000to 200,000 100,000to 200,000 25,000to 50,000 100,000 to 150,000 35,000to 50,000 200,000to 260,000 150,000 to 200,000 75,000to 100,000 50,oooto 100,000 150,000to 225,000 100,000 to 200,000 25,000to 50,000 50,000to 100,000 50,oooto 100,000 50,oooto 100,000

250,000to
50,000to 25,000to
25,000to 200,000to
50,000to

300,000 100,000 100,000
50,000 275,000 100,

VIII

DEPARTMENT OF BANKING

Exhibit "J"

APPLICATIONS TO REDUCE PAR VALUE OF CAPITAL STOCK APPROVED

NAME OF BANK

LocATION

PAR VALUE REDUCED

OF STOCK

TO

Adel Banking Company . . . . . . . . . . . . . Adel. . . . . . . . . . $100

$10

Tri-County Bank of Royston ........ Royston .......

100

25

Hardwick Bank & Trust Company ... Dalton ........

100

10

Sea Island Bank ................... Statesboro .....

50

10

Marietta Commercial Bank .......... Marietta ......

100

10

The Bank of LaFahette............. LaFayette .....

100

10

Farmers and Mere ants Bank ....... Brooklet ......

100

50

Planters & Citizens Bank ........... Camilla .......

100

10

Baxley State Bank ................. Baxley ........

100

10

The Peoples Bank .................. Lithonia.......

100

10

Bank of Smyrna ................... Smyrna .......

100

10

Commercial State Bank ............. Donalsonville ..

100

50

APPROVED 1-24-62 1-24-62 1-24-62 1-30--62 1-31-62 3- 6--62 5- 3-62 5- 9-62
1o- 8--U2 11-29-62 12-17-62 12-19--62

Exhibit "K"

APPLICATIONS TO INCREASE PAR VALUE OF CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

PAR VALUE INCREASED

OF STOCK

TO

APPROVED

Farmers & Merchants Bank ......... Eatonton ......

$50

$100

9--13-62

ExMbit "L"

MISCELLANEOUS APPLICATIONS TO AMEND CHARTERS APPROVED

NAME OF BANK

LocATION

NATURE OF AMENDMENT APPROVED

The Carver Savings Bank ........ Savannah . . . . . . Change name to The Carver State Bank 2- 2-62

FORTY-THIRD ANNUAL REPORT

IX

BRANCH BANKS AS OF DECEMBER 31, 1962

Exhibit "M"

NAME OF BRANCH

NAME OF pARENT

BEGAN LoCATION BusiNEss

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 Georgia,

Pershing Point Office ......... The Bank of Georgia ........... . 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 CompaJ!y of Georgia,

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

Trust Company of Georgia,

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

Trust Company of Georgia,

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Gwinnett Street Branch,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Columbus Bank & Trust Co.

South Columbus Branch ...... Columbus Bank & Trust Co...... . Columbus

Columbus Bank & Trust Co.

North Highlands ............ Columbus Bank & Trust Co...... . Columbus

Columbus Bank & Trust Co.

lOth Street ................. Columbus Bank & Trust Co...... . Columbus

Columbu.S Bank & Trust Co.

13th Avenue & Warren

Williams Road .............. Columbus Bank & Trust Co...... . Columbus

Cornelia Bank,

Demorest, Ga............... Cornelia, Ga................... . 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

1- 5-59 11-15-49 11- 7-50 12-29--55 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 1-18--24 1-18--24
6-16-53 10-24-14 1- 2-25
8--24-59
3-21--49
7-15-50

X

DEPARTMENT OF BANKING

Exhibit "M"-Cont'd

BRANCH BANKS AS OF DECEMBER 31, 1962

NAME OF BRANCH

NAME OF pARENT

LocATION

Savannah Bank & Trust Co., Skidway Road and Victory Drive ............... Savannah Bank & Trust Co.......
Savannah Bank & Trust Co., Traffic Circle Branch, U.S. Highway 17 between Bay and Houlihan Sts........ Savannah Bank & Trust Co.......

Savannah Savannah

BEGAN BUSINESS
11- 9-53
2-17-60

BANK OFFICES AS OF DECEMBER 31, 1962

NAME OF OFFICE

NAME OF pARENT

BEGAN LOCATION BusiNEss

The Citizens & Southern Bank

of Albany,

The Citizens & Southern Bank

Slappey Drive 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 Georgi!' ............

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

Trust Company of Georgia,

Northeast Freeway Office,

2160' Monroe Drive, N .E...... Trust Company of Georgia .......

Marietta Commercial Bank,

Downtown Office ............ Marietta Commercial Bank .......

Sea Island Bank,

South Side Office,

510 S. Main Street ........... Sea Island Bank .................

Commercial Bank,

Drive-in Office .............. Commercial Bank ...............

Bank of Thomas County,

North Broad Office .......... Bank of Thomas County .........

The Bank of Warner Robins,

Plaza Office ................ The Bank of Warner Robins ......

Albany Albany Albany
Atlanta
Atlanta Atlanta
Atlanta Marietta
Statesboro Thomasville Thomasville Warner Robins

7-11-60 4- 1-61 5-22-61
10-- 7~0
12- 1~0
10--23~1
2-26-62 10-- 2-61
7-16-62
3-21~1
1-20--61
6--16~2

FORTY-THIRD ANNUAL REPORT

XI

ExMbit "M"-Cunt'd

FACILITIES AS OF DECEMBER 31, 1962

NAME OF FACILITY

NAME OF PARENT

LoCATION

The Citizens & Southern

Bank of Albany,

U.S. Marine Corps Supply The Citizens & Southern

Center Facility.............. Bank of Albany ................

First State Bank & Trust Co.,

Turner Air Force Base

Facility .................... First State Banl & Trust Co......

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Columbus Bank & Trust Co., Columbus Bank & Trust

Ft. Benning Facility ......... Company ......................

Merchants and Farmers Bank,

Drive-in Facility ............ Merchants and Farmers Bank.....

The Citizens & Southern Bank of LaGrange Drive-in Facility, The Citizens & Southern Bank Main, Broome and Bull Sts.... of LaGrange ................... Moultrie Banking Company Drive-in Office, 514 S. Main Street ........... Moultrie Banking Company ...... S~vester Banking Company
rive-in Facility, 101 E. Pope Street........... Sylvester Banking Company ...... The Peoples Bank, Drive-in Facility,
Broad and Midland .......... The Peoples Bank ...............

Albany Albany Augusta Columbus Donalsonville LaGrange Moultrie Sylvester Winder

BEGAN BusiNESS
7- 2-56 9-21-53 1-19-42 2-20-20 11-13-61 4-16-62 5-31-62 7-16-62 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 {lrovision (Code Section 13-203.1) for the establishment of bank offices or facilities within the mcorporate 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 "N"

DISPOSITION OF BANKS IN GEORGIA DURING 1962
---------------

BANKS

BRANCHES BANK OFFICES AND FACILITIES

Banks in Operation .January 1, 1962 ..

313

51

Banks in Operation December 31, 1962 ...

314

46

Banks Opening During Year.

. .2

Pineland State Bank, Metter

.Jeff Davis Bank, Hazlehurst

Banks Entering Voluntary Liquidation ................... 1

The Citizens & Southern Bank of Atlanta,

Atlanta, with-7 Branches

1 Bank Office

2 Facilities ..................... 10

Bank Offices Opening During Year . . . . . . . . . . . . . . . . . . . . . . . 3

Trust Company of Georgia. Atlanta,

Northeast Freeway Office

The Bank of Warner Robins, Warner Robins

Plaza Office

Sea.Island Bank, Statesboro

South Side Office

Facilities Opening During Year. . . . . . . . . . . . . . .... 3

The Citizens and Southern Bank of LaGrange,

Drive-in Facility, Main, Broome and Bull Sts.

Moultrie Banking Company Drive-in Office

514 S. Main Street

Sylvester Banking Company,

Drive-in Facility, 101 E. Pope St.

Facilities Discontinued During Year ................. : .... 1

Commercial Bank & Trust Company, Griffin

Drive-in Facility, 118 S. Hill Street

Exhibit "0"

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-THIRD ANNUAL REPORT

XIII

Exhibit "P"
ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1962
(With Comparative Statement a8 of December 31, 1961)

ASSETS

Dec. 31, 196S Dec. 31, 1961

314 Banks

313 Banks

46 Branches* 51 Branches*

lncrea8e

' Cash and balances with other banks ............ $ 344,588,246
U. S. Government Obligations, direct and guaranteed .................................... 440,121,636

333,582,414 ' 11,005,832 428,657,983 11,463,653

Obligations of States and political subdivisions ... 109,647,391

94,186,348 15,461,043

Other Bonds, notes and debentures . . . . . . . . . . . . . 47,804,983

39,993,909 7,811,074

Corporate stocks, including stock of Federal Re-

serve Bank ................................. 2,372,556

2,017,536

355,020

Loans and Discounts, including overdrafts....... 750,335,398 685,452,689 64,882,709

Bank&remises owned and furniture and fixtures .. 22,073,912

21,233,565

840,347

Real tate owned other than bank premises..... 1,176,073

931,771

244,302

Investments and other assets indJ.reCtly repre-

aenting bank premises or other real estate...... 1,852,012

1,363,065

488,947

Customers' liability on acceptances outstanding ..

671,064

318,194

352,870

Other Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,514,667

5,777,109

737,558

TOTAL ASSETS ........................ $1,727,157,938 $1,613,514,583 $113,643,355

LIABILITIES Demand Deposita............................. $ 757,093,426 ' Time Depoatta .............................. . 500,087,391 Deposita of U.S. Government ................. . 41,106.730 Deposita of States and political. subdivisions..... . 161,135,248 Deposita of Banks ........................... . 67,805,966 Other deposita (certified and officers' checks, etc.). 14,404,715

724,969,551 454,330,107 33,720,452 152,925,755 64,567,402
9,305,883

' 32,123,875 45,757,284 7,386,278 8,209,493 3,238,564 5,098,832

TOTAL DEPOSITS ...................... $1,541,633,476 $1,439,819,150 $101,814,326

Billa payable, rediscounts, and other liabilities for borrowed money ......................... $
Acceptances executed by or for account outstanding...................................
Other liabilities...............................

145,000 $ 671,064 29,155,393

95,000 318,194 24,986,883

50,000 352,870 4,168,510

TOTAL LIABILITIES (not including capital accounts) ....................... $1,571,604,933 $1,465,219,227 $106,385,706

CAPITAL ACCOUNTS Capital. .....................................$ Debentures ................................. . Surplus..................................... . Undivided Profits............................ . Reserves.................................... .

46,365,500 ' 177,000
65,8'76,920 28,849,711 14,283,874

45,395,500 ' 177,000
62,774,420 26,864,078 13,084,358

970,000
3,102,500 1,985,633 1,199,516

TOTAL CAPITAL ACCOUNTS .......... $ 155,553,005 $ 148,295,356 $ 7,257,649

TOTAL LIABILITIES AND CAPITAL ACCOUNTS ................ $1,727,157,938 $1,613,514,583 $113,643,355

*Includes branch banks, bank offices and facilities.

XIV

DEPARTMENT OF BANKING

Exhibit "Q"

CLASSIFICATION OF BANKS BY CAPITALIZATION AS OF DECEMBER 31, 1962

Number
of Banks

Capital

3 .......................$ 15,000.00 41....................... 25,000.00
7.0 ............. 0....... 30,000.00
3 ............. 0. 0....... 35,000.00 3 ........ 0... 0.. 0....... 40,000.00 1. ................ 0..... 45,000.00 57 ................. 0. 0. 0. 50,000.00
6 ............. 00.. 000... 60,000.00 1. ........ 0....... 0..... 65,000.00 1. .. 0....... 0........... 70,000.00
11 ............. 0..... 0. 0. 75,000.00 1.. ......... 0. 00........ 80,000.00
93 . . . . . . . . . . . . . 0......... 100,000.00 1... 0. 0........ 0........ 100,100.00
3 ............... 0....... 120,000.00 9 ........... 0........... 125,000.00 1....................... 133,400.00
1. .'................... 0. 145,000.00 15....................... 150,000000 2....................... 160,000.00 1....................... 175,000.00
2....................... 180,000.00 17....................... 200,000.00 1....................... 225,000.00
1. ................ 0..... 240,000.00 2 ................. 0..... 250,000.00 1. ................ 0. 0... 260,000.00 1. .... 0................. 275,000.00
11 . . . . . . . . . . . . . . . . . 0..... 300,000.00 1....... 0........... 0... 312,500.00 1....................... 325,000.00
1.. 0.................... 350,000.00 1....................... 352,000.00 1....................... 375,000.00 2....................... 400,000.00
2....................... 500,000.00
1. 1 . . . 750,000.00 1....................... 812,500.00
1....................... 1,000,000.00 1. ....... 0..... o,o 1,300,000.00 1. ...................... 1,500,000.00
1. . . . . . . . . . . . . . . . . . . . . . . 1 '700 '000. 00 1. ...................... 2,500,000.00 1. .............. 0....... 5,000,000.00

Total Capital
$ 45,000.00 1,025,000.00 210,000.00 105,000.00 120,000.00 45,000.00 2,850,000.00 360,000.00 65,000.00 70,000.00 825,000.00 80,000.00
9' 300' 000. 00 100,100.00 360,000.00
1,125,000.00 133,400.00 145,000.00
2,250,000.00 320,000.00 175,000.00 360,000.00
3,400,000.00
2;Z5 '000. 00 240,000.00 500,000.00 260,000.00 275,000.00 3,300,000.00 312,500.00 325,000.00 350,000.00 352,000.00 375,000.00 800,000.00 1,000,000.00 750,000.00 812,500.00 1,000,000.00 1,300,000.00 1,500,000.00
1 '700,000.00 2,500,000.00 5,000,000.00

Total Resources
$ 1,920,927.02 41,090,483.26 5,445,376.27
4,523,560.89 6,814,935.94 1,725,743.36 116,123,146.78 14,004,442.18 2,610,699.73 2,645,196.87 27,098,949.37 2,780,917.04 351,070,874.34 2,008,396.44 9,141,784.11
41 '785 '335 .48 4,783,900.34 6,893,842.54 76,297,228.05 10,911,387.02 4,386,800.00 12,958,979.22 120,333,686.99 5,879,588.09 4,950,090.13 16,171,298.24 8,446,284.26 6,798,782.66 104,385,850.18 12,034,633.35 10,238,210.67
12 '277' 101.24 9, 711,634.67 11,589,775.97 28,427,259.55 34,819,020.59 24,730,203.05
9,291' 181.62 32,264,480.84
55' 902,091.38 55,267,580.95
46,378' 951.07 81,361,037.69 288,876,288.80

BANKS IN VOLUNTARY LIQUIDATION December 31, 1962

Exhibit "R"

NAME OF BANK

LocATION

DATE

Atlanta Trust Company... . . . . . . . . . . . . . . . . . . Atlanta 0. 0.. 0.... o December 11, 1929
The Farmers Bank 0...... 0. . . . . . . . . . . . . . . . . Blythe ....... 0. . . . . . January 22, 1951 Bank of Ila ...... 0.............. 0.......... Ila .. 0........... 0... August 9, 1954

FORTY-THIRD ANNUAL REPORT

XV

Exhibit "8"

LEGAL HOLIDAYS
January 1-New Years Day January 19-Lee's Birthday February 22-George Washington's Birthday April 26-Memorial Day June a-Jefferson Davis' Birthday July 4-Independence Day First Monday in September-Labor Day October 12---:(Jolumbus Day November 11-Armistice Day Fourth Thursday in.November-Thanksgiving Day December 25-Christmas Day Provided that when any of the holidays enumerated above fall on a Sunday, the Monday next following shall be observed as a Legal Holiday.

Exhibit "T"

SUPERINTENDENTS OF BANKS, DEPARTMENT OF BANKING STATE OF GEORGIA

Name

Date of
Appointment

Date Service Ended

T. R. 1\ennett ...................... 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 "U"
PRIVATE BANKS REGISTERED WITH SUPERINTENDENT OF BANKS AS OF JUNE 30, 1962
Name
Dorsey Banking Company ..................................... Abbeville James Rivers Bank, North Slappy Drive ......................... Albany Farmers Bank ................................................ Alma Bank of Gibraltar, 101 Peachtree St., N. E....................... Atlanta First City Bank, 98-100 Mitchell St., S. W....................... Atlanta Mercantile-City Bank, 710 Fulton Federal Bldg................... Atlanta Bank of Augusta, 1296 Broad St................................ Augusta Citizens Banking Company ..................................... Barwick

XVI Name

DEPARTMENT OF BANKING PRIVATE BANKS-Cont'd

Exhibit "U"-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, 2146 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 People's Cash Depository ...................................... Jeffersonville
Citizens Bank ................................................ Kingsland The Lowndes Bank ............................................ Lake Park Jordan Banking Company ...................................... Leary The Exchange Bank ........................................... Ludowici The Peoples Bank ............................................. Macon
The Security Bank ............................................ McRae Pineland Bank (State Chartered 10-15-62) ....................... Metter H. G. & 0. 0. Banks Company ................................. Milledgeville Citizens Bank ................................................ Milledgeville Aycock Banking Company ..................................... Millen Morven Mutual Exchange ..................................... Morven Citizens Bank (Closed 9-25-62) ................................. 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 M.G. 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-THIRD ANNUAL REPORT

XVII

Exhibit "V"

STATE CHARTERED CREDIT UNIONS UNDER SUPERVISION OF DEPARTMENT OF BANKING
STATE OF GEORGIA

Total Asset8 IJ8 Reported Dec. S1, 196S

ALBANY

Albany Federal Employees Credit Union, Broad at Jefferson Street ............ $ 95,218.11

Carlton Credit Union, c/o Carlton Company, P.O. Box 173 ................. . 27,553.13 Colonial Dairies Employees Credit t:Jnioh, 815 Oglethorpe Avenue............ . 7,864.84

Gay Employees Credit Union, P.O. Box 1371. ............................. .

568.54

Georgia Electric Credit Union, 1500 Gillionville Road ...................... . 4,052.34 Karagheusian Employee's Credit Union, Gulistan Drive .................... . 40,419.36 Keenan Employees Credit Union, 112 Front Street, North .................. . 106,693.28

ATHENS
Athens Division Credit Union, c/o Georgia Power Company ................. . 173,666.09
C. C. E. A. Credit Union, 394 South Milledge Avenue...................... . 10,026.08 Dairy-Pak Athens Credit Union, P.O. Box 726 ............................. . 25,362.05

ATLANTA

A. D. Co. Employees Credit Union, 777 Memorial Drive, S.E................. 41,626.72

AMCO Credit Union, 29 Pryor Street..................................... AMILSCO Credit Union, 451 Stephens, S.W................................ Armour Fertilizer Works Credit Union, P.O. Box 1685....................... Arrow Credit Union, 2202 Murphy Avenue, S.W............................ Associated Credit Union, 1119 Healey Building. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

90,694.76 7,955.97 96,113.00 331,502.36 407,702.90

Atlanta City Employees Credit Union, 702 City Hall........................ 861,486.26 Atlanta Cooperative Association, 719 Fulton Federal Building. . . . . . . . . . . . . . . . 225,295. 27 Atlanta Greyhound Terminal Employees Credit Union, 81 Cain St., N.W...... 10,037.84

Atlanta Postal Credit Union, 102-M Federal Annex ......................... 8,277,854.77 Atlanta Railway Postal Clerks Credit Union, 528 Federal Annex. . . . . . . . . . . . . . 981 ,563. 71 Atlanta Teachers Credit Unio~ ~.2-8th Street, N.E........................ 398,912.72 Atlanta Terminal Emplolees \.J-reait Union, Terminal Station................. 66,168.83 Atlantic Steel Credit Umon, P.O. Box 1714................................. 784,435.39 Ben Franklin Credit Union, 1400 West Peachtree Street..................... 22,775.12 Building Authority Employees Credit Union~~ Washington St., S.W......... 86,869.05 Central Parking, Inc. Credit Union, 100 Luckie Street....................... 14,879.99

Circle "W" Credit Union, 1299 Northside Drive............................ 6,591.59 Cullom & Ghertner Company Credit Union, 720 Forrest Road, N.E.. . . . . . . . . . 11,344.76 Delta Employees Credit Union, Atlanta Airport ............................ 3,606, 728.40 Dixie 66 Credit Union, 1430 West Peachtree Street, N.W..................... 78,763.87 Dupont Atlanta Employees Credit Union, 1737 Ellsworth Industrial Dr., N.W.. 53,159.45 Employees Credit Union Swift & Co., 760 Clifton Way, N.E.................. 116,837.71 Employers Group Credit Union, 1001 Grant Building........................ 6,577.33

Employment Service Credit Union, 61 Trinity Avenue, S.W.................. 65,202.85 Essell Credit Union, 1197 Peachtree Street................................. 48,684.51 Family Fund Employees Credit Union, 1515 Spring Street, N.W.............. 12,336.54

F. D. & L. Employees Credit Union, 764 Miami Circle, N.E.................. 217,976.97 Federal Employees Credit Union, 83 Walton Street .......................... 5,605,178.09

Fulton Teachers Credit Union, 500 County Administration Bldg.............. 275,840.25

GA-WP General Office Credit Union, 4 Hunter Street, S.E................... 78,135.27 Gaylord Employees Credit Union, 1470 Blashfield Avenue, S.E................ 64,229.09

General Shoe Credit Association, 1251 Caroline Street. . . . . . . . . . . . . . . . . . . . . . . 33,760.04 Genuine Parts Credit Union, 299 Piedmont Avenue, N.E.. . . . . . . . . . . . . . . . . . . . 79,749. 75 Georgia E. S. A. Credit Union, 297 Labor Building ..... ..................... 87,218.83

Georgia Federation of the Blind Credit Union, 244 Washington St., S.W....... 13,916.20 Georgia Health Department Credit Union, 516-A State Office Building. . . . . . . . 241,108.52

Georgia League Credit Union, P.O. Box 2044............................... 1,516,155.19

Georgia Standard Oil Employees Credit Union, Fulton Nat'l Bank Bldg...... ,. 376,349.78

XVIII

DEPARTMENT OF BANKING

Exhibit "V"-Cont'd

ATLANTA

The Georgia State Department of Education Credit Union, State

Office Building ........................................................ S 110,990.92

Georgia State Highway Department Employees Credit Union, 2 Capitol Sq..... 509,302.59 Georgia Telco Credit Union, 440 Hurt Building ............................. 9,472,564.37

Gesco Credit Union, 359 E. Paces Ferry Road, N.E.......................... 13,973.66

Grinnell Corporation Employees Credit Union, 240 N. Highland Ave., N.E..... 38,183.66 Hospital Authority Employees Credit Union, 80 Butler Street, S.E.. . . . . . . . . . . 250,789.35

Hotpoint Credit Union, 710 Murphy Avenue, S.W........................... 7,313.82

John Rogers Employees Credit Union, 1060 Huff Road, N.W................. 20,290.94

Journal-Constitution Employees Credit Union, 10 Forsyth Street, N.W........ 309,132.48

Law Engineering Testing Company Employees Credit Union,

136 Forrest Avenue, N.E............................................... 3,905.64 Marion Manufacturing Credit Union, 875 Kirkwood Avenue, S.E.............. 8,021.16

Mead Packaging Employees' Credit Union, 955 Marietta St., N.W............ 266,557.86

MEMCO Credit Union, 1190 Astor Avenue, S.W............................ 4, 788.78

Merchants Mutual Credit Corporation, 542 Bank of Georgia ................. 1 ,021, 958.32

Metro Credit Union, 198 Luckie Street. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

489.48

Miss Georgia Credit Association Credit Union, 645 Whitehall St., S.W......... 60,211.45

Montag Employees Credit Association, 245 N. Highland Ave., N.E............ 85,293.03 Mr. Friendly Credit Union, 1105 W. Peachtree, N.W.. . . . . . . . . . . . . . . . . . . . . . . 38,127.28

Mutual Savings Credit Union, 1219 Caroline Street, N.E. .................... 558,720.73 Orange Disc Credit Union, 1375 Peachtree Street, N.E....................... 938,373.66

Presbyterian Center Credit Union, 341-A Ponce de Leon Ave., N.E............ 32,425.55

R. E. A. Employees Credit Union, 325 Mitchell Street, S.W.................. 88,002.80

Regenstein Employees Credit Union, 209 Peachtree Street. . . . . . . . . . . . . . . . . . . 15,325.87

Rich's Employees Credit Union, c/o Rich's, Inc. P.O. Box 4539 ............... 1 ,366,078. 95 Ruralist Credit Union, 713 Glenn Street, S.W............................... 252,873.62

Russell Company Employees Credit Union, 117 Central Ave., S.W.. . . . . . . . . . . 31,119.39

Sealtest Atlanta Credit Union, 593 Glen Iris Drive, N.E...................... 52,564.24 SECO Credit Union, 441 Memorial Drive, S.E..... :. . . . . . . . . . . . . . . . . . . . . . . . 6,189. 42

Sexton Atlanta Employees Credit Union, 715 W. Whitehall St., S.W........... 69,699.97

Sho Do Co Savings Plan Credit Union, 1301 Chattahoochee Ave., N.W........ 11,128.50

Small Agencies Credit Union, 244 Washington Street, S.W., Room 572......... 19,189.73 S.M.C.R.C. Credit Union, 1307 Peachtree Street, N.E....................... 31,122.48

S.O.S. Credit Union, 214 State Capitol..................................... 33,382.09

Southeastern Region ILGWU Credit Union, 1065 Gordon St., S.W.. . . . . . . . . . . 5,216.08 Southern Freight Bureau Employees Credit Union, 101 Marietta Bldg.. . . . . . . . 79,617.15

State Revenue Department Credit Union, State Office Building. . . . . . . . . . . . . . . 38, 130.23

Thompson Boland and Lee Employees Credit Union, 201 P'tree St., N .E.. . . . . . 67,536.87

The Thrift Credit Union, 125 Spring Street, S.W............................ 705,480.40

Zac-Lac Employees Credit Union, 350 Simpson Street, N.W.................. 1,515.29

AUGUSTA
Augusta Fire Department Credit Union, Central Ave. & Troupe St........... Not Reporting Georgia Railroad Employees Credit Union, 615- 8th Street. . . . . . . . . . . . . . . . . . . 70,789.76 King Mill Savings & Credit Association, c/o King Mill. . . . . . . . . . . . . . . . . . . . . . 564, 187.35 R C E A Credit Union, 1399 Walton Way.................................. 3,334.53 Richmond County Health Department Employees Credit Union,
1001 Bailie Drive..................................................... 49,479.34

BRUNSWICK Glynn County Federal Employees Credit Union, Federal Building............. 39,067.54

CEDARTOWN Cedartown Textiles, Inc. Employees Credit Union, Cedartown ............... . 24,311.29

CHAMBLEE Lay Employees Savings & Loan Credit Union, 4950 P'tree Industrial Blvd..... 304,644.82

COLLEGE PARK T. C. Employees Credit Union, 1971 Roosevelt Highway..................... 20,391.81

FORTY-THIRD ANNUAL REPORT

XIX

Exhibit "V''-cont'd

COLUMBUS
Columbus Coca Cola Employees Credit Union, 305 - 17th Street .............. $ 15,446.00 Columbus Health and Hospital Credit Union, P.O. Box 229 ... :.............. 102,581.01 Columbus Postal Employees Credit Union, P. 0. Baker Village............... 67,817.52 Gas Light Employees Credit Union, 107- 13th Street... . . . . . . . . . . . . . . . . . . . . . 61,468.47 Seaboard Columbus Employees Credit Union, Front Ave. & loth St........... 7,602.85 WeeReBel Credit Union, 1350- 13th Avenue............................... 18,844.55

CORDELE
~J:~!~ac:t!hl!:!~~~ ~~ -~~~~....................... . 46,306.94

DALTON

Crown Tuft Employl!ell S. and L. Credit Union, c/o Crown Tuft Company.... .

N. W.

G. E.

E. M. Strain

CE.mCprleodyieteUs !\!JJ".Io"ne1ai3t 0U1nSioenlv, iPd.gOe.SBkoexet1.1.1.............................................

. .

. .

Whitfield County POstal Employees Credit Union, Post Office ............... .

6,340.53 34,619.46 13,656.13 22,131.01

DECATUR

TDheecaAtutlraPnotastJaoliEnmt T_pelromyeiensalCsrCedreitdUitnUionnito.n?,.037.9B2oGxl9en0w3.o.o.d.R. .o. .a.d..........................

10,844.81 21,631.71

Decatur Teachers Credit Union, 320 N. McDonough........................ 43,935.52

D. R. H. D. Credit Union, 126 Trinity Place, W............................ 27,212.29

Kraft Employees of Atlanta Credit Union, 1205 DeKalb Industrial Way_ ....... 1,334,033.66

The WoodCo Credit Union, 647 East College Avenue.................'.. . . . . . 22,202.19

DRY BRANCH Georgia Kaolin Employees, c/o Georgia Kaolin Company.................... 84,765.42

DUBLIN Dublin Federal Employees Credit Union, Federal Building................... 182,834.24

EASTMAN Stuckey's Employee's Association Credit Union, c/o Stuckey's................ 94,702.59

EAST POINT Associated Grocers Credit Union, 1286 Milledge Street....................... 733,205.57 Colonial Stores Employees Credit Union, 2251 N. Sylvan Road............... 1,877 ,861. 97 East Point MuniciPa! Employees Credit Union, City Hall.................... 143,115.70 I. P. Co Employees Credit Union, 2323 N. Sylvan Road..................... 23,322.03 Tri-City Postal Credit Union, Post Office. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74, 197.93 WASE Credit Union, 1561 Forrest Avenue................................. 4,590.85

ELBERTON Stone Workers Credit Union, P.O. Box 711................................. 6,385.34

FORT McPHERSON Ft. McPherson Credit Union, Fort McPherson..............................
GAINESVILLE CITISCO Credit Association Credit Union, 401 S. Main Street...............
HAPEVILLE L & P Credit Union, 3421 Stewart Avenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
JACKSON CGEMC Employees Credit Union, c/o Central Ga. Elec. Membership Corp....

892,401.45 6,082.29 23,654.17 23,646.44

JONESBORO
C. C. B. E. Employees Credit Union, Clayton County Board of Education......................................................... 41,830.66

XX

DEPARTMENT OF BANKING

Exhibit "V"-Cont'd

MACON
C G M T Employees Credit Union, 340 Hazel Street ........................ $ 6,691.17 City Emplolees Credit Union, City Hall .................................. . 50,122.42 Davison's o Macon Credit Union, 433 Cherry Street ....................... . 15,672.08 D. D. D. Credit Union, 4570 Pio Nono Avenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,605.98 Federal Employees Credit Union, Post Office .............................. . 139,917.25 Georgia Kraft Employees Credit Union, Mead Road ....................... . 361,152.24 Macon Firemen's Credit Union, Fire Department Headquarters .............. . 129,677.31 Macon Police Credit Union, City Hall . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174,026.56 Macon Water Works Credit Union, Maintenance Building,
Third and Hemlock Street ............................................ . 38,186.94 The Procter & Gamble Macon Employees Credit Union, 1265 Sixth St........ . 46,852.42

MARIETTA Home Employees Credit Union, 1531 Franklin Road. . . . . . . . . . . . . . . . . . . . . . . . 73,370.82

MILLEDGEVILLE
Baldwin County Hospital Employees Credit Union, Milledgeville ............ . 9,228.20 Milledgeville State Hospital, c/o State Hospital ............................ . 432,405.95

MOULTRIE Employees Credit Union Swift & Co., Moultrie, c/o Swift & Company.. . . . . . . . 75,619.92

PLAINS Sumter County Teachers Credit Union, Plains, Georgia...................... 21,669.63

QUITMAN Brooks County Packing Company Employees Credi1 Union, P.O. Box 351.....

4,897.05

ROME
Floyd County Postal Employees Credit Union, Post Office .................. . 120,861.50 Rome Kraft Employees Credit Union, c/o Rome Kraft Company ............ . 368,645.82 Wiseman Employees Credit Union, 523 Shorter Avenue . . . . . . . . . . . . . . . . . . . . . . 13,184.23

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, Realty Building ................................. . Savannah & Atlanta Railway Employees Credit Union, P.O. Box 1491 ........ . Savannah Electric and Power Employees Credit Union, 27 W. Bay St......... . Savannah Federal Credit Union, 200 E. St. Julian Street .................... . Savannah Postal Credit Union, P.O. Box 2002 ............................. . Savannah Transit Credit Union, 900 E. Gwinnett Street .................... . Seaboard Employees Credit Union of Savannah, Inc., 601 E. Liberty
Street, Room 109 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Workmen's Circle Credit Union, 238 W. Broad Street ...................... .

42,857.83 168,936.85 28,035.11
46,318.11 48,551.78 201,519.59 306,967.12 238,707.44 154,124.73 77,433.55
355,562.06 204,478.36

SAVANNAH BEACH Tybee Island Credit Union, 16th Street ................................... .

2,994.44

TALLAPOOSA Dixisteel Credit Union, Dixisteel Building, Inc............................. . 5,145.16

TOCCOA TMPICO Employees Credit Union, East Currahee Street ................... .

1,747.46

VALDOSTA Valdosta Onized Credit Union, Valdosta,.................................. 256,504.49

FORTY-THIRD ANNUAL REPORT

XXI

Exhibit "W"

ABSTRACT OF REPORTS OF CONDITION OF STATE CHARTERED CREDIT UNIONS* AS OF DECEMBER 31, 1962

Dec. 31, 196S

Dec. 31, 1961

Amount Increase (Decrease)

Percent
of Increaae (Decrease)

Percent of
Total Assets

ASSETS Cash ....................... S 2,679,333 U.S. Government Bonds ...... 1,127,210 Other Bonds, Stocks and Investments............... 5,118,807 Loans ...................... 44,091,936 Furniture and Fixtures ....... 261,091 Other Assets................. 516,504
Total Assets ................ $53,794,881

s 2,404,903
764,964
4,382,194 39,395,146
82,872 521,832
$47,551,911

s 274,430
362,246
736,613 4,696,790
178,219 (5,328)
s 6,242,970

11.54 47.35
16.81 11.92 21.51 (10.21)
13.13

LIABILITIES Deposits Including Non-members ............. $47,543,266 Accounts Payable............ 1,578,818 Other Liabilities ............. 474,788
Total Liabilities ........... $49,596,872

$41,817,461 883,686
1,125,960
$43,827,107

s 5,725,805
695,132 (651,172)
s 5,769,765

RESERVES ................... 2,032,439 1,725,302

307,137

Total Liabilities and Reserves ................ $51,629,311

$45,552,409

s 6,076,902

CAPITAL

Shares ..................... .S 511,638 s 482,125 s 29,513

Surplus and Undivided

Profits.................... 1,653,932 1,517,377

136,555

Total Liabilities, Reserves and Capital ............... $53,794,881

$47,551,911

s 6,242,970

13.69 78.66 (57 .83) 13.16 17.80
13.34
6.12 17.43
13.13

Number of Shareholders ...... Number of Depositors ........
(Members and Non-
Members) Number of Reporting
Credit Unions ............. Number of Loans . . . . . . . . . . . .

102,287 94,892
163 60,575

95,049 87,101
162 57,768

7,238 7,791
1 2,807

*Augusta Fire Department Credit Union, Augusta, Georgia not included.

7.60 8.94
0.62 4.87

4.98 2.10 9.52 81.95
.49 .96 100.00
88.39 2.93 .88 92.20 3.78
95.98
.95 3.07
100.00

XXII

DEPARTMENT OF BANKING

Exhibit "X"

ABSTRACT STATEMENT OF INCOME AND EXPENSE AS REPORTED BY STATE CHARTERED CREDIT UNIONS FOR CALENDAR YEAR OF 1962

Percent of Income

INCOME:
Interest on Loans ....................... $ 3, 787,277. 37 Less: InterestRebates ............... ... (49,184.80)

Interest Net ............................ $ 3, 738,092. 57

Income from Investments................ 257,661.02

Profit on Sale of Securities. . . . . . . . . . . . . . .

52,581. 72

Other Income. . . . . . . . . . . . . . . . . . . . . . . . . . .

95 ,048. 96

Total Income ........................ .

$ 4,143,384.27

91.40 (1.19)
90.21 6.22 1.27 2.30
100%

EXPENSES:

Salaries and Wages ...................... $

Borrowers and Savings Insurance ........ .

Association and League Fees ............ .

Surety Bond Premiums ................. .

Examination and Supervision Fees ....... .

Interest on Borrowed Money ............ .

Cost of Space Occupied ................. .

Reimbursed Expenses ................... .

Collection ............................. .

Legal and Audit ....................... .

Recording Protection ................... .

Cash Over and Short ................... .

Printing, Postage, Lights, Phone ......... .

Office Supplies. . . . .................... .

Taxes.

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

Depreciation .......................... .

Advertising and Education ...... .

Other Expenses not shown above ......... .

583,778.65 276,739.34
39,269.05 20,544.29 28,063.49
57,417.68 22,699.34 19,551.11
6,514.07 24,126.27
2,884.01 2,220.43 78,661.23
32,771.78
45' 141.25 72,792.61 27,801.13
95,420.76

Total Expenses ........ .

$ 1,436,396. 49

Profit before Credits t'o Reserves and Surplus

$ 2,706,987.78

14.09 6.68
.95 .50 .68 1.39 .54 .47 .16 .58 .07 .05 1.90 .79 1.09 1. 76 .67 2.30
65.33
100%

FORTY-THIRD ANNUAL REPORT

1

STATEMENT

Showing condition at the close of business December 31, 1962, of
ABBEVILLE STATE BANK Abbeville, Ga.

As called for by the Superintendent of Banks

J. H. DORMINY, JR.,

W. S. WALKER,

President.

Cashier.

Date of Charter: 4-22-1952

Began Business: 4-22-1952

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection......I

47,931.75

United States Government obliga-

tions, direct and guaranteed ..... .

284,060.99

Obligat.iop~ of States and political

SUbdlVISlODB ..

36,652.65

Other bonds, notes, and debentures..

44,600.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

492,489.02

Bank premises owned, furniture and

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

None

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

593. 36

Total Assets .................. I 906 ,327.77

LIABILITIES Demand deposits..................I Time deposits.................... . Deposits of U. S. Government ..... . DeP,~i~ of States and political sub-
diV18tons .................... Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~:~t::::::::::: ::::::::::::::::
Undivided profits................. . Reserves........................ .

263,392.57 413,829.13
9,848.70 117,373.10
None 1,845.52
None
None 10,694.17 25,000.00 50,000.00 14,544.58
None

Total Liabilities............... I 906,327.77

STATEMENT

Showing condition at the close of business December 31, 1962, 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 banks, in-
cluding reserve balances, and cash items in proce88 of collection...... I United States Government obligations, direct and guaranteed ..... . Oblil!at.io~ of States and political stibdtvl8tons................... . 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 a88cts indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstandiQ.g......... Other Assets..................... .

677,706.32 618,895.30
None 150,000.00
None 990,719.99
25,845.38 7,525.11
None None 2,455.66

Total Assets.................. I 2,473,147.76

LIABILITIES Demand deposits..................I Time depos1ts.................... . Deposits of U.S. Government ..... . De~i~ of States and political sub-
divisions...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
...:: :::::::: ::::: :: :: ::: :: Other liabilities................... .
~:~t:
Undivided profits................. Reserves ........................ .

1,247,349.98 838,121.70 6,600.00
138,850.59 None
4,511.10 None
None 7,000.00 50,000.00 80,000.00 100,714.39
None

Total Liabilities..............I 2,473,147.76

2

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF ADAIRSVILLE

Adairsville, Ga.

As called for by the Superintendent of Banks

J. C. HAMBRIGHT,

J. E. McKELVEY,

President. Date of Charter: 3-21-1899

Cashier. Began Business: 3-24-1899

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... .
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liabi1ity to this bank on
acceptances outstanding ..... Other Assets.......... .

348,626.74 461,935.83
88,366.35 60,000.00
3,750.00 610,119.57
10,305.87 None
None None None

Total Assets .................. S 1 ,583, 104. 36

LIABILITIES

Demand deposits. . . . . .

. ... S

Time deposits.................. .

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

DJi~i!t~n~f. ~~~~~s. ~~~ ~o.l~t.i~~l. ~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ....... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities........ . Capital. ......................... . Surplus ............ . Undivided profits................. . Reserves .............. .

733,221.46 561,567.32
7,103.09
63,098.24 None
6,146.29 None
None None 50,000.00 75,000.00 86,967.96 None

Total Liabilities............... S 1 ,583, 104. 36

STATEMENT Showing condition at the close of business December 31, 1962, of

ADEL BANKING COMPANY Adel, Ga.
As called for by the Superintendent of Banks

A. L. PARRISH, President.
Date of Charter: 2-27-1929

A. L. PARRISH, JR., Cashier.
Began Business: 3-1-1929

ASSETS
Cash, ba1ances with other banks, inc)uding reserve balances, and cash items in process of collection ...... $
United States Government obligations, direct and guaranteed ..... .
Obligations of States and political subdivisions ................... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

1,232,058.06 874,747.03 260,004.30 175,000.00 None
1,335,879.16 59,000.00 None
None None 1 ,559. 73

Total Assets .................. S 3,938, 248. 28

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U. S. Government. .... .
Ddi~i!1~n~f. ~~~~~s. ~~-~ -~~l~t.i~~~ ~~~
Deposits of banks . . .............. . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

2,038,601.38 931,883.09 178,157.37
407,019.09 51,588.32
7 ,641. 93 None
None 15,000.00 100,000.00 100,000.00 43,357.10 65,000.00

Total Liabilities............... $ 3,938,248.28

FORTY-THIRD ANNUAL REPORT

3

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

FARMERS & MERCHANTS BANK

Adel, Ga.

As called for by the Superintendent of Banks

W. J. HARRIS,

HATTIE G. DARBY,

President.

Cashier.

Date of Charter: 12-11-1947

Began Business: 1-15-1948

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... I 336,914.93

United States Government obliga-

tions, direct and guaranteed . .- ....

706,540.44

Ob~~~~~o:!. ~-~~. ~n~.. ~~i~~

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

679,370.85

Bank premises owned, furniture and

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

2,571.53

Real estate owned other than bank

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

17,560.00

Investments and other assets indi-

~~c!~be~e:':a'f'e:t.~: ~~- -~r.e~~

None

Customers' liability to this bank on

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

None

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

None

Total Assets................. I 1,742,957.75

LIABILITIES Demand deposits..................I Time deposits.................... . Deposits of U. S. Government . . . . . .
D~~n~f. ~~~~s. ~~-~ -~l~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 outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .

799,527.24 653,799.48
None 66,787.36 26,399.62
7,768.60 None
None None 50,000.00 135,000.00 3,675.45 None

Total Liabilities............... I 1.'~.42,957.75

STATEMENT

Showing condition at the close of business December 31, 1962, 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 352.537.26

United States Government obliga-

tions, direct and guaranteed ..... .

284,000.00

o~~~l!To:!..~~~. ~~~-. ~~~~

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

202,092.46

Bank premises owned, furniture and

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

3,812.15

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

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

None

Total Assets.................. I 842,441.87

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

560,087.77 81,116.59 None
95,401.29 32,133.61
2,801.28 None
None 2,464.00 30,000.00 30,000.00 8,437.33
None

Total Liabilities............... 1 842,441.87

4

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

WHEELER COUNTY STATE BANK

Alamo, Ga.

As called for by the Superintendent of Banks

JIMMY D. NeSMITH,

FRANCES C. GRIFFIN,

President

Asst. Cashier.

Date of Charter: 1-15-1945

Began Business: 1-17-1945

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . . I United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises ....................... . Investments and other assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

322,185.61 389,314.53
None None None 461,721.15 12,023.79 None
None None 510.79

Total Assets .................. S 1,185,755.87

LIABILITIES

Demand deposits.

. ...........S

Time deposits .................... .

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

Ddi~i!!~n~f. ~~~~~s. ~~~ ~o.l~t.i~~~. ~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

445,965.97 160,104.51 10,666.11
338,706.56 98,496.00
3,176.47 None
None 3,988.48 25,000.00 75,000.00 8,154.65 16,497.12

Total Liabilities...............I 1,185,755.87

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF ALAPAHA Alapaha, Ga.
As called for oy 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 ...... I United States Government obliga-
tions, direct and guaranteed ..... . Obligatio!'~ of States and political
subdlv1s1ons ................... . 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..................... .

229,945.14 907,958.61 219,700.20 125,000.00
None 946,107.91
63,339.45 None
None None None

Total Assets .................. $ 2,492,051.31

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

1,045,738.89 716,672.33 9,940.20
194,275.95 50,000.00
15,185.90 145,000.00
None 29,583.75 100,000.00 100,000.00 35,654.29 50,000.00

Total Liabilities............... S 2,492,051.31

FORTY-THIRD ANNUAL REPORT

5

STATEMENT Showing condition at the c:lose of business December 31, 1962, of

ALBANY SAVINGS BANK

Albala7, Ga.

As c:alled 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-
cludillj( reserve balances, and cash iteiD8 m process of collection......I United States Government obligationa, direct and guaranteed .... , . Obliga~ill!'! of States and political
subdlVlBlODB .........
Other bonds, notes, and debentures.. CorPorate stocks (including stock of
Yederal 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 BB&ets indi-
rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

244,590.41 372,725.67 551,159.90
None 30,172.40 2,420,124.29 60,456.62
None
None None 1,705.80

Total Assets .......... - ...1 3,680,935.09

LIABILITIES Demand deposits..................I Time depos1ts .................... . Deposits of U.S. Government ..... . DeJ!OI!i~ of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .

None 2,642,704.74
None 35,000.00 80,000.00
None None
None 477,470.77 150,000.00
50,000.00 175,759.58
70,000.00

Total Liabilities...............I 3,680,935.09

STATEMENT

Showing condition at the c:lose of business December 31, 1962, of

THE CITIZENS & SOUTHERN BANK OF ALBANY Alltaay, Ga.
As c:alled for by the Superintendent of Banks

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

ERNEST Z. CROWLEY, JR.
Cashier Began Business: 6-1-1943

ASSETS

Cash, balances with other banks, in-

cludillj( reserve balances, and caall

iteiDS m J)l'OCe8!l of collection ......I 4,710,851.32

United States Government obliga.
0~~-~~~~~~~ :::::::

Other bonds, notes, and debentures. .

None

Corporate stocks (including stock of

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

18,000.00

Loans and discounts (including over-

drafts) ........................ . 16,247,318.78

Bank premises owned, furniture and

fi:d.ures........................ .

212,403.31

Real estate owned other than bank

premises....................... . 178,028.67

Investments and other BB&ets indi-

rectly repreeenting bank premises

or other reai estate............. .

1500,000.00

Customers' liability to this bank on
Ot~hetraAncseeestosu..ts..ta..n.d.i.n..g................. ....

None 263,241.55

Total Asseis .................. I 32,264,480.84

LIABILITIES

Demand deJ>oeits..................I 14,442,483.79

Time.depoe1ts..................... 8,403,390.73

Deposits of U.S. Government...... 1,112,818.25

D~t~~ ~~~. ~~.~ .~~t.i~~ ~~~ 1,860,029.52

Dejloeits of banks. . . . . . . . . . . . . . . . . 1,872,816.42

Other deposits (certified and officers'

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

295,787.95

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

None

Acceptances executed by or for a<>-

count of this bank and outstand-

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

None

Other liabilities................... . 1,062,066.71

~:~~!.:::: :::: :: :::::::::::::::

1,000,000.00 1,000,000.00

Undivided profits................. . 743,778.83

Reserves ........................ . 451,308.64

Total Liabilities...............I 32,264,480.84

6

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

FIRST STATE BANK A TRUST COMPANY

Albany, Ga.

As called for by the Superintendent of Banks

J. R. PINKSTON,

A. T. FLOWERS,

President.

Cashier.

Date of Charter: 3-31-1961

Began Business: 3-31-1961

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

i terns in process of collection ...... S 4,794,211.65

United States Government obliga-

tions, direct and guaranteed . . .... 4,975,864.47

Obligat.io!'~ of States o.nd politico.!

subdtvtstons ................... . 1,692,357. 72

Other bonds, notes, o.nd debentures ..

501,968.75

Corporo.te stocks (including stock of

Federo.l Reserve Bo.nk) .......... .

None

Loo.ns and discounts (including over-

dro.fts) ........................ . 12,061,383.14

Bank premises owned, furniture and

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

441,807.14

Reo.! estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

100,000.00

Customers' liability to this bank on

a~ceptances outstanding ......... .

None

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

162,610.18

Total Assets .................. $ 24,730,203.05

LIABILITIES

Demand deposits ... .

.$ 10,723,002.48

Time deposits.............. .

7,410,756.51

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

235,840.81

Ddi~i~t~n~f- ~~~~~s- ~~~- -~~l~t-i~~l. ~~~ 2,108,394.19

Deposits of banks ................ .

836,409.39

Other deposits (certified and officers'

checks, etc.) .. .

120,412.90

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities........ .

949,027.35

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

750,000.00

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

975,000.00

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

321,359.42

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

300,000.00

Total Liabilities............... $ 24,730,203.05

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE FOUR COUNTY BANK Allentown, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve ~balances, and cash items in process of collection...... I United Sto.tes Government obligations, direct and guaranteed ..... . Obligations of States o.nd political subdivisions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) .................. Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate . . ........... . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. I

516,956.71 1,143,851.94
None 124,812.50
None 1,179,542.34
41,936.30 None
None None 93.75 3,007,193.54

LIABILITIES Demand deposits..................S Time deposits... . . . . . . . . . . . . . . . . . . Deposits oft:. S. Government...... DeJ)O~its of States and political sub-
dlvlslons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bo.nk and outstanding .......................... . Other liabilities................... .
Capital. ......................... . SurJjlus ......................... . Un ivided profits................. .
Reserves ........................ .

1,045,925.33 1,192,179. 48
50,709.00
373,076.65 50,007.95
4,638.70 None
None 46,899.85 50,000.00 150,000.00 43,756.58
None

Total Liabilities............... $ 3,007,193.54

FORTY-THIRD ANNUAL REPORT

7

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

ALMA EXCHANGE BANK Alma, Ga.

As called for by the Superintendent of Banks

VALENE BENNETT,

E. P. LEE,

President.

Cashier.

Date of Charter: 9-30-1939

Began Business: 10-14-1939

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~io11~ of States and political
SUbdlVISIODS ...
Other bonds, notes, and debentures.. Corporate sto~ks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
~~c!~1e~e:';:;"::~~:. ~~~~..~r.e~.'i.~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
Total Assets .................. I

696,624.24 661,437.50 228,626.00
None None 1,802,541.92 40,000.00 None
None None 4,236.00 3,433,465.66

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

1,221,731.63 1,335,941.30
75,095.99 342,764.41 160,545.77
21,457.41 None
None 30,000.00 125,000.00 75,900.00 45,029.15
None

Total Liabilities...............I 3,433,465.66

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS STATE BANK Alma, Ga.
As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items m process of collection ......I United States Government obligations, direct and guaranteed ..... .
o",:~{~ra'i.o:! ..s.~~ .~~~.. ~~i~~l
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ....................... . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises........................ . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other .Assets..................... .

466,510.80 926,&08.92 375,020.90
99,875.00 None
1,016,206.72 2.00 None
None None 107.75

Total Assets .................. $ 2,884,232.09

LIABILITIES
Demand depOHits................... r,iK(f,604:oo

Time depos1ts..................... 1,325,498.53

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

28,463.34

DTv~~n~~ ~~~t~s. ~~~ .~1~~i~~~ ~~~ 216,161.41

Deposits of banks. . . . . . . . . . . . . . . . .

None

Other deposits (certified and officers'

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

10,017.52

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing: .......................... .

None

Other liabilities................... .

50,475.21

Capital. ......................... . 100,000.00

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

50,000.00

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

13,011.58

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

50,000.00

Total Liabilities...............$ 2,884,232.09

8

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

CITIZENS BANK OF ALPHARETTA Alpharetta, Ga.

As called for by the Superintendent of Banks

RALPH H. KIRBY, President.

RALPH H. KIRBY, Cashier.

Date of Charter: 2-6-1920

Began Business: 4-12-1920

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... I United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ of States and political
subdlVlSlODS ................... ,
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
prern1ses ....................... . lnvestments1 and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

320,868.65 591,202.60
2,568.00 None None
1,053,859.29 36,085.38 None
None None 3,812.52

Total Assets"' ................. S 2, 008,396.44

LIABILITIES Demand deposits. . . . . . . . . . . . . S Time deposits................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions......... . ......... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ........ . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ................ . Other liabilities........ . Capital. ..... . Surplus ... . Undivided profits ..
Reserves ..... .

858,444.39 448,440.55 123,079.91
214,597.31 150,019.90
9,626.81 None
None 51,802.64 100,100.00 50,000.00
2,284.93 None

Total Liabilities............... S 2,008,396.44

STATEMENT.

Showing condition at the close of business December 31, 1962, of

BANK OF COMMERCE Americus, Ga.
As called for by the Superintendent of Banks

CHARLES F. CRISP, President.
Date of Charter: 10-13-1891

J. R. BUCHANAN, JR., Cashier.
Began Business: 1-2-1892

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and casL items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

1,442,254.39 2,056,513. 38 1,879,890.60
299,875.00 None
2,896,290.85 124,573.53 None
None None None

Total Assets .................. S 8,699,397. 75

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U. S. Government. .... . De]:>OS* of ~tates and political sub-
d1v1s1ons ................... , .. . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities ................... . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

4,075,114.36 2,133,864.41
132,064.59 1,039,671.63
151,087.80 17,952.39 None
None None 200,000.00 300,000.00 251,642.57 398,000.00

Total Liabilities............... $ 8,699,397.75

FORTY-THIRD ANNUAL REPORT

9

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS BANK OF AMERICUS Aaericua, 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 Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... .
0".:!fJf~:To~!. -~~~~ .~~~- .~~i~~~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

1,284,141.13 1,519,552.11 1,011, 710.91
None None 3,999,399.85 25,534.94 None
100,000.00 None
4,059. 76

TotalAssets................. $ 7,944,398.70

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

4,030,230. 75 1,823,585.66
Z17 ,571.Zl 1,080,386.72
None 37,948.59
None
None 54,056.63 200,000.00 200,000.00 73,401.19 167,217.89

Total Liabilities...............$ 7 ,944,398. 70

STATEMENT

Showing condition at the close of business December 31, 1962, of

BOSTWICK BANKING COMPANY Arlington, Ga.

As called for by the Superintendent of Banks

W. E. BOSTWICK, President.
Date of Charter: 8-27-1935

CARL CLEMENTS, Cashier.
Began Business: 3-1-1936

ASSETS

Cash, balances with other banks, in-

cludinJ reserve balances, and cash

items m process of collection......I 165,853.55

United States Government obliga-

tions, direct and guaranteed ......

448,985.13

0~~To:. -~~~. ~~~-. ~~~~

None

Other bonds, notes, and debentures..

48,000.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

529,671.30

Bank premises owned, furniture and

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

1.589.70

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

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

None

Total Assets .................. $ 1,194,099.68

LIABILITIES Demand deposits ..................I Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~~~ ~~~s. ~~-~ -~~~i~~~ ~~~
Dejl08its of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities....... ............ . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

804,233.82 140,185.89
5,213.05 98,928.15
None None None
None 5,100.00 15,000.00 101,000.00 11,153.56 13,285.21

Total Liabilities.............. .1 1,194,099.68

10

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

ASHBURN BANK Ashburn, Ga.

As called for by the Superintendent of Banks

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

VIRGIL JONES, Cashier.
Began Business: 7-1900

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... .1 United States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

251,341.79 897,189.50 201,391.95
None None 2,618,105.01 60,009.75 None
None None 153.39

Total Assets .................. $ 4,028,191.39

LIABILITIES

Demand deposits

.S

Time deposits... . . . . . . . . . . .

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

Deposits of States and political sub-

divisions

Deposits of banks. . . . . . . . . . .....

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities....... .

Capital. .... .

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

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

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

1,400,807.49 1,814,849.69
34,095.74
314,917.48 3,616.45
28,161.47 None
None 51,366.74 100,000.00 150,000.00 130,376.33
None

Total Liabilities...............$ 4,028,191.39

STATEMENT

Showing condition at the close of business December 31, 1962, 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

A~~ETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... I 473,064.80

United States Government obliga-

tions, direct and guaranteed ..... .

947,525.00

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . .

176,310.32

Other bonds, notes, and debentures ..

10,000.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

drafts) ........................ . 2,047,890.22

Bank premises owned, furniture and

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

67,462.61

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on acceptances outstanding......... .

None

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

None

Total Assets .................. I 3, 722, 252. 95

LIABILITIE~
Demand depoits..................$ Time depoits...... . . . . . . . . . . . . . . . Deposits oft:. S. Government......
D';RZ'1~l~n~f ~tates an~ .political.~~~
Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) . . . . ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .............. . Other liabilities...... . Capital. .......... . Surplus .......... . Fndivided profits .. . Reserves........................ .

1,510, 771.90 1, 703,407.50
11,461.47
214 ,083 _07 None
4,426.47 None
None None 100,000.00 100,000.00 70,021.95 8,080.59

Total Liabilities............... S 3, 722, 252. 95

______________;:_F...::.O.:::.:R...::.T...::.Y_-T:..:HIRD ANNUAL REPORT

11

STATEMENT

Showing condition at the close of business December 31, 1962, of

HUBERT STATE BANK Athens, Ga.

As called for by the Superintendent of Banks

CLARENCE R. McLANAHAN, President.
Date of Chartc1: 9-24-1949

ROBERT G. BOSWELL, Cashier.
Began Business: 11-1-1949

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 ..... . Obligat_io!'~ of States and political
subdtVlSJODS ................
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..................... .

890,140.17 903,385.99 504,114.15 134,785.64
None 1,836,157.43
29,798.94 None
10,260.00 None
17,424.02

Total Assets ..................1 4,326,066.34

UABILITIE8 Demand deposits.................. I Time drpos1ts.................... . Deposits of l'. 8. Government. .... .
D'Ji~i!~~n~f. ~~~tes_ ~~~- -~l~t-i~al..s~~
Deposits nf banks ................ . Other deposits (certified and officers'
rherks, rtr.) ................... . Bills payable..................... . Arrcptanccs executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,938,175.94 1,222,521.67
103,314.65 577,701.03
63,540.95 30,742.43
None
None 116,812.45 100,000.00 120,000.00 53,257.22
None

Total J,iabilitics...............1 4,326,066.34

STATEMENT Showing condition at the close of business December 31, 1962, of

THE BANK OF GEORGIA Atlanta. Ga.

As called for by the Superintendent of Banks

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

R. WINSTON CAGLE, Cashier.
Began Busineaa: 12-5-1933

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection......I 8,656,126.14

United States Government obliga-

tions, direct and guaranteed ..... . 8,375,717.04

o~~i~l!'to~!. -~~~~ . ~~d- . ~~i~~~~l 1,771,564.67

Other bonds, notes, and debentures.. 3,307,656.25

Corporate stocks (including stock of

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

118,000.00

Loans and discounts (including over-

drafts) ........................ . 31,960,360.62

Bank premises owned, furniture and

fixtures........................ . 1,481,379.67

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

231,286.99

Total Assets..................1 55,902,091.38

LIABILITIES

Demand deposits ..................1 23,892,824.18

Time depos1ts..................... 17,061,133.45

Deposits of U. S. Government...... 931,430.19

DeP,o~i!s of States and political sub-

divisions....................... 6,974,101.58

Deposit of banks.................

595,072.83

Other deposits (certified and officers'

checks, etc.) ................... . 428,760.48

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................... . 3,107,558.19

Capital. ......................... . 1,300,000.00

Surplus ......................... . 2,200,000.00

l'ndivided profits................. .

311,220.48

Hcscrves ........................ .

100,000.00

Total Liabilities...............$ 55,902,091.38

12

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS TRUST COMPANY Atlanta, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ Lnited 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 fState owned other than bank
prenlises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

2,199,184.64 1,609,424.50 1,911,192.25
694,089.18 18,750.00
4,994,516.44 104,539.60 1.00
None None 58,078.36

Total Assets .................. S 11,589,775.97

LIABILITIES

Demand deposits.

. .....S

Time deposits....................

Deposits of C. 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 outstand-

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

Other liabilities................... .

Capital. ..

Hurplus.

Undivided profits ..

Heserves ....

4,780,509.86 5,036,447.40
254,800.72
185,572.19 110,957.44
110,965.85 None
None 268,767.04 375,000.00 250,000.00 184,755.47
32,000.00

Total Liabilities...............$ 11,589,7<5.97

STATEMENT

Showing condition at the close of business December 31, 1962, of

GEORGIA SAVINGS BANK & TRUST COMPANY Atlanta, Ga.
As called for by the Superintendent of Banks

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

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

ASSETS 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 representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

569,389.80 5,352,084.68 1,606,281.62
53,186.74 642,413.07 9,855,813.27 100,001.00
None
None None None

Tot"al Assets .................. $ 18,179,170.18

LIABILITIES

Demand deposits..................$

58,960.61

Time deposits.................... . 13,888,710.86

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

57,090.52

Ddi~i~l~n~f. ~:~~~s. ~~~ -~~l~t.i~~~- ~~~ 99,562.20

Deposits of banks ................ .

140,000.00

Other deposits (certified and officers'

checks, etc.) ..

1,959.00

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing ........................... .

None

Other liabilities................... .

9,644.63

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

500,000.00

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

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

292,468.94

Reserves ........................ . 2,130, 773.42

Total Liabilities...............$ 18,179,170.18

FORTY-THIRD ANNUAL REPORT

13

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE PEOPLES BANK Atlanta. GL

As called for by the Superintendent of Banks

C. B. WHITAKER,
President.
Date ot Charter: 8-13-1936

T. B. McLEOD, Cashier.
Began Businesa: 8-31-1936

ASSETS Cash, balances with other banks, in-
cludilljl reserve balances, and cash items m process of collection......I United States Government obliga. tiona, direct and guaranteed ..... .
Ot>,:~tl:o~! ..s~~. ~~-. ~~i~i-~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
~~the~efe:i"..::!':. ~~- .~r.e~
Customers' liability to this bank on acceptances outstanding.........
Other ;Assets..........

1,208,411.36 2,229, 782.50
407,223.24 soo,122.1y
None 5,017,070.90
47,570.05 None
None None 35,286.79

Total Assets ..............1 9,445,467.54

LIABILITIES Demand deposits..................1 Time depostts.................... . Deposits of U. S. Government ..... .
De.WvT!~.:~ ~~~- ~~~ -~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................... .
~:;::!:
Undivided profits................. . Reserves ........................ .

3,254,067.70 5,018,685.21
68,571.65 33,500.00
None 7,909.12
None
None 102,136.48 200,000.00 200,000.00 54,149.04 506,448.34

Total Liabilities............. : .1 9,445,467.54

STATEMENT Showing condition at the close of business December 31, 1962, of

a.: SOUTHERN SAVINGS BANK Atlanta. As called for by the Superintendent of Banks

TBUBMAN M. WALDROP, President.
Date of Charter: 12-6-19M

MRS. MARY V. FULLINGTON, Cashier.
Began Business: 1-1-1936

ASSETS

Cacslhu,d.binaJlarnecseesrvweitbhaloanthceers,baanndksc, ainsh-

items m proces11 of collection......I

32,676.41

United States Government obliga.

Ot;:It:O:. . . tions1

direct

and gua
~~~

r

anteed ..... .
~~~- ~~~c_a:

None None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

drafts) ........................ . 888,820.43

Bank premises owned, furniture and

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

1.00

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

or oiher real estate. . . . .. . . . . . . . .

None

Customers' liability to this bank on

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

None

- - - - - - Other ~ts. . . . . . . . .. . . . . . . . . . . . .

1,258. 65

Total Assets.................1 922,755.49

LIABILITIES Demand deposits..................I Time depostts.................... . Deposits of U.S. Government ..... .
De.WvT!~.!f. ~~~- ~~-~ -~~~i~ ~~~
Dej)OIIits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable.................... .. Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital.......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .

435,000.00 None None None None None None
None 377.07 100,000.00 20,000.00 287,746.26 79,632.16

Total Liabilities...............1 922,755.49

14

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

SOUTH SIDE ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Bank

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

RICHARD M. PHILLIPS, Cashier.
Began Business: 7-1-1929

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Obligat_io!'~ of States and political subdiVISIOns.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)..... . . . . . . Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures............ . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. . . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

1,616,496.31 3,142,211.31
416,393.97 25,000.00 None
4, 631, 112. 96 87,759.16 None
75,000.00 None
1 , 907 . 96

Total Assets ....... , .......... S 9,995,881.67

LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U. S. Government ..... .
D'Ji~!!~n~f St~tes_ an_d -~olitica~ _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 ........................ .

3,552,624.54 4,004,259.32
147,225.24
608,500.00 652,559.54
77,454.80 None
None 153,335.92 300,000.00 300,000.00 175,273.44 24,648.87

Total Liabilities............... S 9,995,881.67

STATEMENT Showing condition at the close of business December 31, 1962, of

TRUST COMPANY OF GEORGIA Atlanta, Ga.
As called for by the Superintendent of Banks

GEO. S. CRAFT, President.
Date of Charter: 9-21-1891

STEVE H. BOMAR, Senior V. Pres. & Treas. Began Business: 11-8-1891

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... S 81, 102,667.68

United States Government obliga-

tions, direct and guaranteed. . . . . . 44, 863,003. 59

Ob~:.f,"Ji~f.'io~!. _s_t~t~~ _a~d- _politic-al 14 ,546 ,986 _13

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

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

640,000.00

Loans and discounts (including over-

drafts) ......................... 139,566,294.38

Bank premises owned, furniture and

fixtures..... . . . . . . . . . . . . . . . . . . . . 5 ,895, 755.54

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..........

630,358.45

Other Assets. . . . . . . . . . . . . . . . . . . . . . 1,631,223.03

Total Assets .................. $288,876,288. 80

LIABILITIES

Demand deposits................. $140,486,888.26

Time deposits..................... 41,660,380.31

Deposits of U.S. Government...... 11,532,044.34

D'JiZ'i~t~n~f ~~~tes_ an~ -p~litica~ s~~ 19 ,314 ,738 .41

Deposits of banks ................. 37,891,890.80

Other deposits (certified and officers'

checks, etc.).................... 7,688,827.05

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

630,358.45

Other liabilities................. .

4,209,848.55

Capital. ......................... . 5,000,000.00

Sur.f;lus ......................... . 15,000,000.00

Un ivided profits ................. . 2,899 ,333. 90

Reserves ........................ . 2,561 ,978. 73

Total Liabilities...............$288,876,288. 80

FORTY-THIRD ANNUAL REPORT

15

STATEMENT

Showing condition at the close of business December 31, 1962, of

GEORGIA RAILROAD BANK&: TRUST COl\fPANY Aupata, Ga.

As called for by the Superintendent of Banks

SHERMAN DRAWDY,

W. A. ROSSIGNOL,

President.

Caahier.

Date of Charter: 11-15-1892

Began Business: 12-31-1892

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

items in process of collection ......I 17,763,085.81

United States Government obliga-

tions, direct and guaranteed ...... 15,648,346.66
.. o~:JrJi:l!'fo~! s.t~~. ~~.. ~~i~~cal 8,440,731.08

Other bonds, notes, and debentures..

25,000.00

Corporate stocks (including stock of

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

150,000.00

Loans and discounts (including over-

drafts)......................... 37,326,251.40

Bank premiaes owned, furniture and

fixtures......................... 1,300,402.39

Real estate owned other than bank

premises............. . . . . . . . . . . . 345,077.34

Investments and other assets indi-

rectly representing bank premiaes

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

None

Customers' liability to this bank on

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

11,798.72

Other Aasets...................... 350,344.29

Total Assets .................. I 81 , 361 ,037. 69

LIABILITIES

Demand deposits ..................I 26,726,260.97

Time depostts..................... 24,328,669.02

Deposits of U.S. Government...... 2,225,922.09

D'Jrv'~l!n~f. ~~~~".". ~~~. ~.l~t.i~~1. ~~~ 9,669,685.62

Deposits of banks. . . . . . . . . . . . . . . . . 8, 938,191.15

Other deposits (certified and officers'

checks, etc.) ................... . 263,196.25

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

11,798.72

Other liabilities................... . 3,540,774.73

~:.!'~~::::::::::::::::::: ::::::::

2,500,000.00 2,500,000.00

Undivided profits.................. 656,539.14

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

None

Total Liabilities.............. I 81,361,037.69

STATEMENT

Showing condition at the close of business December 31, 1962, of

REALTY SAVINGS BANK Augusta, Ga.

As called for by the Superintendent of Banks

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

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

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 ..... .
o~~~:i:.~o~!..~t~~~ . ~~~.. ~~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..................... .

218,014.31 770,000.03 1,425,668.33
None 31,664.23 5,291,617.27 23,428.07 28,566.49
872.13 None None

Total Assets .................. 1 7,789,830.86

UABIUTIES Demand deposits..................I Time deprns1 ts .................... . Deposits of l'. S. Government ..... . DeJ!Ol!i~ of States and political sub-
divisions ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... .
Acceptances executed by or for account of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ....................... .. . Surplus ......................... . l"ndivided profits................. . Hescrves ........................ .

32,967.41 6,189,176.75
4,480.97
250,120.97 10,000.00
None None
None 8,577.76 200,000.00 300,000.00 794,507.00
None

Total Liabilities............... I 7,789,830.86

r-----

16

DEPARTMENT OF BANKING

------------------------

STATEMENT

Showing condition at the close of business December 31, 1962, of

RICHMOND COUNTY BANK Augusta, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ United States Government 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 representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding.......... Other Assets......................

588,255.37 984,861.82 244,923.26
None None 1,446,256.36 62,536. 65 None
None None 18,004.73

Total Assets .................. $ 3,344,838.19

LIABILITIES

Demand deposits.

.$

Time deposits......... . . . . . . . . . .

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

Deposits of States and political sub-

divisions ................... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities.............. .

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

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

Undivided profits........ .

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

1,141,222.04 669,841.15 44,390.81
241,308.13 814,552.38
21,512.04 None
None 133,304.31 120,000.00
60,000.00 33,707.33 65,000.00

Total Liabilities............... $ 3,344,838. 19

STATEMENT Showing condition at the close of business December 31, 1962, of

AUSTELL BANK Austell, Ga.
As called for by the Superintendent of Banks

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

BILLY H. MOORE, Cashier.
Began Business: 1-10-1910

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ 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 assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

1,414,386.85 2,076,492.46
942,190.71 299,750.00
None 2,301,723.39
68,633.29 25,000.00
None None 152.09

Total Assets .................. $ 7,128,328. 79

LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... .
DJiZi!~~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 ........................ .

3,832 '157' 72 2,561,941.20
78,042.28
180,352.48 None
56,509.82 None
None None 150,000.00 137,500.00 131,825.29 None

Total Liabilities...............$ 7,128,328.79

FORTY-THIRD ANNUAL REPORT

17

STATEMENT

Showing condition at the close of business December 31, 1962, 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-
cluding reserve balances, and eash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... .
o~~f:Jf:l:.~o~! ..s.~~~. ~n~.. ':.~i~icaJ
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..................... .

1,266,3311.74" 1,480,152.72
240,548.93 None
3,000.00 2,692,846.78
30,576.92 None
50,000.00 None
11,604.07

Total Assets ..................$ 5,775,069.16

UABILITIES Demand deposits..................$ Time deposits.................... . Deposits of L S. Government ..... .
D";RZ'J!~n~f. ~~~tes. ~~.~ ~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
cheeks, ete.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . OthE'r liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Rescr\'es ........................ .

3,383,378.92 1,322,284.04
158,505.14 49,234.77
None 25,231.08
None
None 323,172.73 200,000.00 100,000.00 110,061.93 103,200.55

Total Liabilities...............$ 5,775,069.16

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CITIZENS BANK AND TRUST COMPANY Bainbridge, Ga.

As called for by the Superintendent of Banks

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

BILLY E. NALLS, Cashier.
Began Business: 12-19-1911

AHHETH CBllh, balanceg with other banks, in-
cluding reserve balances, and catsh items in process of collection ......$
t:nited States Government obliga-
tions, direct and guaranteed ..... . Obliga~io!'~ of States and political
subdiVISIORS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal U..serve Bank) .......... . Loans and discounts (includinJr; over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Heal estate owned other than bank
prenaises ....................... . Investments and other assets indi-
rectly representing bank premist'S or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

1,270,737.58 2,964,322.38
203,114.82 110,281.25
9,750.00 2,082,699.84
81,367.38 None
None None 24,263.97

LIABILITIES Demand deput~its..................$ Time depostts.................... . Deposits of U. S. Government ..... .
D";RZ'J!~n~f. ~~~~s. ~~.~ .~~l~t.i~~~ .s~~
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 ......................... . l"ndivided profits................. . Reserves ........................ .

2,739,124.92 2,395,056.14
86,754.68 925,924.35 137,324.38
21,598.45 None
None 46,018.86 100,000.00 250,000.00 44,735.44
None

Total Assets ..................$ 6,746,537.22

Total Liabilities...............$ 6,746,537.22

-----------------------------

18

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

STATEMENT Showing condition at the close of business December 31, 1962, of

CITIZENS BANK Ball Ground, Ga.

As called for by the Superintendent of Banks

B. R. JONES, President.
Date of Charter: 9-28-192.6

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

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 representing bank premises or other real estate ............. . Customers' liabi1ity to this bank on
acceptances outstanding......... . Other Assets..................... .

150,660.72 802,390.25
58,079.30 38,135.45
None 672,440.93
4,036.71 None
None None None

Total Assets .................. S 1, 725, 743. 36

LIABILITIES

Demand deposits.

. .. S

Time deposits................... .

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

Ddi~i!l~n~f. ~~~~~s. ~~~ .~o.l~t.i~~l. ~~~

Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ...... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .... Other liabilities. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

725,046.72 466,805.62
55,425.78
198,723.79 None
6,174.40 None
None 10,135.00 45,000.00 45,000.00 128,432.05 45,000.00

Total Liabilities ......... , ..... S 1 ,725,743,36

STATEMENT

Showing condition at the close of business December 31, 1962, 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, balances with other banks, in-
cluding reserve balances, and cash
iterns in process of collection ...... S United States Government obliga-
tions, direct and guaranteed...... Obligat.io?~ of States and political
subdlVlSlOnS ........... ,, ...... , Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets.. . . . . . . . .. .. . . .. . . ..

852 ,773 . 11 1,189,408.40
216,433.13 350,035. 16
None 1,313,209.30
43,811.86 None
None None 400. 00

Total Assets ..................$ 3,966,070.96

LIABILITIES
Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government, .... .
Ddi~i!l~n~f. ~~~~~s. ~~d .~~l~t.i~~l..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 ........................ .

2,334,041.80 788,276.45 7,000.18
374,117.69 55,799.29
22,323.40 None
None 15,038.00 75,000.00 100,000.00 120,505.27 73,968.88

Total Liabilities............... $ 3,966,070.96

FORTY-THIRD ANNUAL REPORT

19

----------~

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

BLACKSHEAR BANK Blackshear, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... I United States Government obligations, direct and guaranteed ..... . Obligat.io:n~ of States and political subdtvtstons................... . Other bonds, notes, and debentures.. Corporate stoeks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . InvestmPnts and other assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

576,874.39 1,529,633.62
None 54,727.50
6,000.00 1,260,575.88
48,475.53 None
None None None

Total Assets................. I 3,476,286.92

LIABILITIES Demand deposits.................. I Time deposits.................... . Deposits of U. S. Government ..... .
D'rv/!l~n~~ ~~~~~s. ~~-~ -~~l~t.i~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital .......................... . Surplus ......................... . l!ndivided profits................. . Reserves ........................ .

1,317,478.37 1,401,431. 78
51,853.63 200,456.02 115,741.09
14,396.64 None
None 6,000.00 100,000.00 100,000.00 161,399.32 7,530.07

Total J.iabilities...............1 3,476,286.92

STATEMENT

Showing condition at the close of business December 31, 1962, 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, balance with other banko, in-
cluding reserve balances, and cash items in process of collection ...... I United States Government obligations, direct and guaranteed. . . . . .
0~~~~To~!..8.~~~. ~~~-. ~~i~~~~1
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises........................ Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Othl'r Assets......................

430,478.86 1 ,524,661.05
486,814.11 None None
1,037,372.36 33,350.00 None
None None None

Total Assets ..................1 3,512,676.38

UABILITIES Demand depooits..................I Time deposits.................... . Deposits of U.S. Government. .... . DeP.~i~ of States and political sub-
divtstons ...................... . Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . l!ndivided profits................. .
Ueserves ........................ .

1,277,797.68 1,396,844.64
142,092.29 277,122.23 63,982.51
31.60 None
None None 100,000.00 100,000.00 154,805.43 None

Total Liabilities...............1 3,512,676.38

20

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

UNION COUNTY BANK Blairsville. Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash i terns in process of collection. . . . . I United States Government oblig,.. tiona, direct and guaranteed ..... . Obligat.iop.~ of States and political
subdtVlSlODB ....... , ........... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

425,565.70 692,696.25
13,950.71 100,000.00
None 726,126.95
15,902.88 None
None None 90,537.33

Total Assets................ $ 2.064, 779.82

LIABILITIES Demand deposits. . . . . . . . . . . . . . . . . S Time depostts.................... . Deposits of U. S. Government ..... .
D';ft~~l~n~f ~~~tes. ~~d. _P~l~ti~al. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
Bi~fse~~~~bl~:) . : : : : : : : : : : : : : : : : : : :
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

988,010.72 692,866.85
38,478.32
174,508.40 None
8,266.36 None
None 12,794.10 50,000.00 50,000,00 49,855.07
None

Total Liabilities.............. $ 2,064. 779.82

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF EARLY Blakely, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
c1uding reserve balances, and cash iterns in process of collection...... $
United States Government obliga tions, direct and guaranteed......
Obligat.io!'~ of States and political SubdtVlSlOnS. . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including over-
drafts) . . . . . . . . .. . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures.......... . . . . .. .. . . . . . . . Real estate owned. other than bank
premises ........ ~. . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate.............. Customers' liability t<> this bank on acceptances outstanding.......... Other Assets.. . . .. . . . . . .. .. . . . . . . .

550. 304. 78 1,026,458.15
46,551. 89 None None
993,957 .43 47,401.71 None
None None 1 ,340 .07

Total Assets .................. $ 2,666,014.03

LIABILITIES Demand deposits................. $ Time dep<;>stts..................... Deposits of U.S. Government......
D';ft~~~l~n~f. ~~~t~s. ~~.d .p~l~ti~~l..s~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable.................... , . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,237 ,428. 76 897,615.45 105,347.27
206,729.49 None
6,167.95 None
None 18,467.00 50,000.00 100,000.00 44,258.11
None

Total Liabilities.............. $ 2,666,014.03

FORTY-THIRD ANNUAL REPORT

21

STATEMENT

Showing condition at the close of business December 31, 1962, 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

.-\SHETH Cash, halumts with oth~r hanks. in-
c-luding; r<"srrvr balancrs, and f'a:sh itrms in proNm; of rollC'etion ...... S enited. ~tates Governmt>nt ubliu:ations, dir~ot and guarant~ffi...... Oblil(fttions of ~tates nnd politifal subdivision. . . . . . . . . . . . . . . . . . Othf'r bonds, notes, and dtbtnturt:-o..
Corporate :stmks (in<"ludinu: :stmk of Fedtral Htowrw Bunk)...........
Loami and discount:::~ (influding ovt'rdrafts).................. . . . . . .
Bank premhs<"S ownrd, furniturt and fixtures........ . . . . . . . . . . . . . . . .
Ueal estate ownf'd oth{'r than hank premisf's.......................
Investments antl otlwr a~~wts inclirectly rrprrsrntinJ,t bank prrruhw~ or oth(r rC"al f'statf'..............
Customrrs' liability to thi~ hank ou acC"eptanc"s out~tandinJ!. . . . . . . . . .
Other A~ts......................

852,301.66 1,155,930.59
253,112. 54 75,000.00 None
1,947,433.87 9,472.37 None
None None 6,330.66

Total Ass~ts .................. $ 4,299,581.69

LL\ BI LITIES n~nmnd <hposits .................. $ Time d~posits..................... Deposits of !'. H. Gnwrnm~nt. . . . . .
0Ji~i!~~nf~f. ~~:~~~s. ~~d. .'~t~l~t.i~~l. ~~~~
))~posits nf hank.................. Othrr drpo:-~its (ff'rtifhd ami offir"rrs'
rh((ks, th.) ....... . Bills payahlt ..................... . :\('C"("ptantf:-; txt(utl'd by or fur ac-
("OUnt of thi:-> hank aml outstnndinJ! . . . . . . . . . . . Othf'r liahilitit':-> ... . Capital..
:o;urplu:-> . . . . . . . . . . . l'ncli,idtcl profit:- ........... . Ht:'(f\'t'l'i.

2,031,749.77 1,460,101.10
51,893.47
244,569.23 5,843.28
45,517.09 None
None 16,875.71 100,000.00 160,000.00 92,083.19 90,948.85

Total Liahilitie...............$ 4,299,581.69

STATEMENT

Showing condition at the close of business Decembe1 31, 1962, of

FANNIN COUNTY BANK Blue Ridge, Ga.

As called for by the HUJlt>rintendent of Hanks

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

LOYCE C. SEAY, Cashier. Began Business: 6-6-1916

.\SHETH Cat~h, balan<'<'K with uthf'r hanks, in-
cludin~-t rrMcnt balances, and <ash it('ms in proc("~ of colleetion ...... S lnited Stat~ Govt"rnment ohliJ.Cutions, dir("C"t and p:uarantPPd ..... . Obligations of States and politiml
subdivisions ................... . Other bonds, notes, and dch~ntur< .. Corporate storks (includinp: sto<k of
Fed~ral Reserve Bank) .......... . IA>ans and disrounts (inrludin~ot o\'Pr-
drafts) ....................... . Bank prcmige; owned, furnitun ami
fixtures........................ . neal estate owned otht>r thun bank
pren1it~es ....................... . lnv("stmrnts and othtr assets iruli-
rcctly npresentinJ,C bank prtmisc.~
or otlwr rral <'tstatt! . . . . . . . . . . . . . . Customers' liability to this bank on
ac<'("ptancrM outstandinl(......... . Oth~r .\sset..................... .

1,104,882.58 1,498,530.02
247,097.18 None None
1,019,937.19 17,000.00 None
None None 525.96

Total .\sct ..................$ 3,887,972.93

1.1.\ Ill J.ITIEH

!!.''IIIHUd dt'!"'"it. . ............. $ lmu tltpo~lt~... . . . . . . . . . . . . . . . . . .

l>t-po:sit~ of l'. :00:. (;o\'trnuunt......

l>tpo~it:-o uf :O:tatt:-o atul tmlitial ~uh-

tli,ision:-o .....

l>t-po:-;.it:-~ of hank:-;. . . . . . . . . . . . . . .

Otlwr dttm~it=-- ((t'rtifif'tl anti offi<Prs'

(luck~. f'tc.)..

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

Bill" payahlt ................... .

Ae(tptancp:-; t-x(cutPcl hy or fur ac-

('Ount of t hi:-~ hunk anti outstand-

inJt.... .

( )tiH'r liahilitit:-> ....

Capital. ...... .

:o;urplu:-i . . . . . . . . . . . . .

l'tuliddcl profit:-~ . . . . . . . . . . . . . . . . .

Ht:-~t~r\'Ps . . . . . . . . . . . . . . . . . . . . . . . . .

1 ,38S,258.33 1 ,842 ,415. 92
65,658.94
236,08.5.17 None
5,120.27 None
None 43,135.97 100,000.00 150,000.00 45,298.33 15,000.00

Total J.iahiliti< ..............$ 3,887,972.93

.:::22=--_ _ _ _ _ _ _ __:D_:E:::::_P:c..::ARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

PEOPLES BANKING COMPANY Boston, Ga.

As called for by the Superintendent of Banks

J. E. CROMARTIE,

MISS MARY R. LEAK,

President. Date of Charter: 1-29-1947

Cashier. Began Business: 4-1-1947

AHtiET,;

Cash, halarwcs with othPr bank~. in-

('luding rp~PfYP halun<Ps, and l'ash

itcms in procPss of collPetion.... $

t'nihd :-itat<s Gov<rmn<'nt ()blig:a-

tions, dir<ct and guarantePd .....

Obligationn of t'tat<s and political

subdivisions.

. ... . .. .

( >tlwr howls, rwtP;-,, and dPlwnturPs ..

( 'orporatt' sti)(ks (including stoek of

F<<ll'ral Httwnt Bank) ..... .

Loans and distounts (irwluding; ovN-

<lraftH). . . . . . . . . . . ....... .

Bank prrmisPs ownPd, furniture and

fixtuns.. . ................ .

HPal p:::;tatc ownecl other than bank

prcmit;PH ..................... .

lnvPstmPnts and othPr as:sPts indi-

rPctly reprPsrntin~ bank premises

or oth('f rC'al <'HtatC' .......... .

Custonwrs' liability to this bank on

acceptances outstanding.

( Hher Assets.

Total ASHcts ...

......... s

169,725.08 225,000.00
None None None 205,899.17 4,410.30 None
None None None 605,034.55

LIABILITIEO\

Demand tkposits.

. ... $

Time dC'postts. . . . . . . . . .

Deposits of l). ~. Government ..... .

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . . .

Other deposits (cC'rtified and officers'

dw(ks, etc.).

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

AccPptancPs exPcuted by or for ac-

count of thb hank and outstand-

ing ........ .

Other liabilities.

Capital. ....... .

Hurplus ....... .

l Tndividcd profib ................ .

Hcscrvcs.

347,246.26 168,786.64
9,545.00
21,900.00 None
None None
None None 25,000.00 10,000.00 22,556.65 None

Total Liabilities............... S 605,034.55

STATEMENT

Showing condition at the close of business December 31, 1962, of

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

AHOlE TO\ Cash, balancP:; with other bank:;, in-
cluding r('serve 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 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.....

773,674.92 1,457,687. 31
209,869.10 None None
1 '783 ,446. 36 59,000.00 None
None None 687.76

Total Assets .................. S 4,284,365.45

LIABILITIEO\ Demand deposits.................. S
Time depostts..................... Deposits of li. S. Government......
DdiZi~1~n~f. ~~~~~8. ~~~ -~~l~t.i~~1. ~~~

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 ... r , , , , ,

Other liabilities................... .

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

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

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

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

2,525,308.66 1,132,627.27
94,055.90
86,681.65 None
12.93 None
None 138,974.38 100,000.00 100,000.00
56,440.46 50,264.20

Total Liabilities...............$ 4,284,365.45

FORTY-THIRD ANNUAL REPORT

23

STATEMENT

Showing condition at the close of business December 31, 1962, of

BRASELTON BANKING COMPANY Braselton, Ga.

As called for by the SUJ)erintendent of Banks

H. F. BRASELTON,

JOHN 0. BRASELTON,J&,

President. Date of Charter: 12-13-1948

Cashier. Began Business: 12-18-1948

Ca:-11, halaluc:-o with o(h\~~~~Fl,aT;1~k:oo, induclinu: n~Pr\'1' halaucc:-o. :mel c':tl'h

itc111:- in pnwt:-o:-o uf collpction .

S

l'nitc-.1 ~tatt:-. (iovPfUIIU'III ohlhm-

tion:o, clint and guarantcPd. . . . .

( )hlhmtion:-o of :-\tate:- anti political :o.ululid:-oiou:-o . . . .

( Hllt'r horull", notc:oo, awl cltluntun:-('orpor:&tc :-tnd<:-o tinthulin~ :o-lock of

Fcdcral Ht!"t'l'\'c Bank l

.

l.an:-- a11cl lhwHmt:-o liwlwlinJ! '''"''1'-

tlrah:-ol. . .

.

.

B:mk prtuail"t'!-0 owtlt'cl, furnitun :nul

fixturl'l'

... .... .

Hcal t:-Ot:ltc o\\twd otiH'r than hank

prPIIai:ooc:-:.

. . . . . . . . ..

ln\c:-o.ttiH'Ilf:oo :tucl fiH'r a!":-otf:.; iruli-

rt'l'tb npn:-tntinJt hank prl'mi:-t:-

(

or otlwr 'u:-.tuuur:-o'

nal :-otah .. liability to

.t.h.i~.

l;:~~k

ou

a''''''lllantt:-o '"lt:-otamlinJt .. ( )f}ur .\:o-:-ott:-o.

Total .\:-:-1'1:- .. ,

.s

169,351.73 426,376.57
49,422.96 None None
233,795.83 2,419.05 Nonr
NonE'
~one
290.50 881,656.64

J.I.\Ilii.ITIE,.:

.I ?.t'IIHliHI tltpo:-oit:-o.

.$

111111' cltpo:-olt:.;.......

..

f)tJHI:oOit~ II({'.:-\. (;O\"I'flllllf'llf . .

Dtpo:-oit:.; of :-\tatt:-o and politi,al :-;uh-

di,i:-oion:-o.

l>l'po:-oit:- uf hank:- . .

.

( Hlll'r dlu1:-oit:- ii'Prtificd and oflic1r:-o'

htfk:.;, l'ft.)

Bill:- payahh.

.

.\l'l'tptantt:-o t'Xtt'UII'd .;,. or. rt;r :u-

('Oiltll of tl1i:- hank aiul uut:-otarul-

inl!.. ..

.

I )tlwr liahiliti1:-o.

('apital

:-\urplu:-o. .

t'ndi,id.-d prufil....

Bt:-tnt:-.

442,369.88 275,000.00
294.96
17.247.78 None
8,207.33 None
None None 25.000.00 75.000.00 38,536.69 None

Total l.iahilitic:-

.S 881,656.64

STATK\IE~T

Showin~ condition al tht' clost' of husint>:s:s Dt>ct>mht>1 31, 1962, of

COMMERCIAL & EXCHANGE BANK Bremen, Ga.

As calhd for by tlw Sutwrinhndlnt of Hanks

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

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

.\:-0.:--'I:T:--'

('a:-11, hal:tutt:- \\ith utlwr hank:-. ill-

''lmliul! n:-tnt halant:-, awl t':t:-h

ilt'lll~ in prott:--:-of colltctiou .

I

1'nittd :'taft:- ( :o\"l'flllllt'lll ohlil!a-

tion:-, clirttt an1l I!Uar:mttd . .

( )!,(iJ!ation:.; of :-\taft:- a.nd polit i1al ~ululi\ision:--...

(ltlur ht,rul:--, Wilt~. ancltltluutun:-

C'oqJor:ttl :-otwk~ tiuclwliul! ~twk ~I

Ftcltral Ut:-.trn Bank l.

.

l.oau:-o awl tli:-tount:- t itwlucliul! n\'1'1'-

draft,oJ

Bank pn~t~i:-t:- n\\llt'tl, furuilun awl

fixtur.,-. . .

.

.

Btal tstalc owrwd otlll'l' than haul...

pnmil"t':-

lnn:-otuunl~ aud ollwr :t:-:--ct:-- iwli-

nttly TI'Jifl':>ol'tllitll! l1:t11k lli'C'TIIi:-t:-

IIT otlwr l'('alt:-tatt.... .
( 'ustonll'r:-o' liahilitv to tlli~ bani.. II

"'''''''lltaruc:-; clut:--.tamliuJ!

C)tlll'r .\:;osPt:--

Total .\:-:-stl:o-

s

1,802,968.98 1,558,605.63
409,312.53 49,875.00 Sone
1,713,654.53 27.667.49 None
None Nonr. 27.582.53 5 ,:>89 ,666.69

I.I.\BII.I'I'H:,.:

I lo-!u:ond dopo,oit,o.

. ...S

Tiuw clcpo:-il:- . . . . . . . . . .

))''IUI:ooit:- nf 1'. :'. (ionrllllll'llf,,....

l>cpo:-it:-- of :'tate:-- and politital I"Uh-

di,i,-ion,. . . I>cpo~it:- of hank:-. .

..... ....

Chlll'r clcJul:-it:-o (ttrtifiltl arul ctfliclr:;'
thcck~. dt.).
Bill:-- pa~ahh. .\tttpl :tlll't:-o txtcuttd h\' or for :u~-

couut of tl.i:- hank aiul out:-otaml-

inJ! .... C Jtlwr liahilitic~. ( 'apital. . .

:'ur\'lu:- ..... . l'w iddPd profit:-.

Bt:--cnc:-,.

3,304.236. 77 1,053,85!.04
336,861.17
382,726.93 81,534.28
23,443.60 None
None 8,269. 76 100.000.00 150,000.00 98,7-tO.H 50,000.00

Total l.iahilitic:-.

.........s 5,589,666.69

24

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

FARMERS & MERCHANTS BANK Brooklet, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
eluding reserve balances, and etu:;h items in process of collection ..... $
l'nited States Govf'rnment obligations, direct and guarantPed. . . . . .
Obligations of 8tates and political
subdivbions. . . . . . . . . . . . . . . . . . Other bondi5, notes, and debentures..
Corporate stocks (including stock of Federal Heservf' Bank)....... .
Loans and discounts (including ov(rdrafts)....................... .
Bank premises owned, furniture and
fixtures...... . . . . . . . . . . . . . . . . . Real estate owned other than bank
prcmiscEf. . . . . . . . . . . . . . . . . . . . . . Investments and other assPts indi-
rectly representing bank prC'misP:s or other real estatf'. . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... Other Assets.

275,998.01 313,291.00
None 50,000.00
None 1,019,857.19
6,010.14 None
None None 5,299.29

Total Assets .................. $ 1,670,455.63

LL\BILITJES

J)pmand dt>posits.

. .$

Time dPposits. . . . . .

.

Deposits of l'. 8. GovPrnm(Jlt ..... .

DPposits of StatPs and politiPal sub-

divisions ..... .

Di'posits of bank:s . . . . . . . . . . . .

Ot.lwr dPposib (tPftifi<'d an<l offici'rs'

chetks, Pt<".).

Bills payaul<'. . . . . ............ .

A('ceptan<"<'H PXP<uted by or for ae-

count of this bank and outstand-

ing ........ .

OthPr liabilities.

Capital..

Hurplus. . . . . ....

LTndivided profits.

l{pserves.

833' 115.11 562,971.71
5,655.59
73,821.29 None
12,588.09 None
None None 50,000.00 75,000.00 37,303.84 20,000.00

Total Liabilities............... $ 1,670,455.63

STATEMENT. Showing condition at the close of business December 31, 1962, of

HARALSON COUNTY BANK Buchanan, Ga.
As called for by the Superintendent of Banks

HARDY McCALMAN, President.
Date of Charter: 3-3-1909

H. G. RICHARDSON, Cashier.
Began Business: 3-4-1909

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

e

items nitcd

in process of collection ...... S 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 es.tate 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.

. .......... , ... .

695,872.01 584,334.50
38,821.86 275,531.25
None 680,338.97
18,137.69 None
None None None

Total Assets... . ............ S 2,293,036.28

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U. S. Government . . . . . . De!lo~its .of States and political sub-
dtVlSions ...................... .
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. ........................ . Hurplus ........ . undivided profits.
H.eserves ..... .

1,276,039.22 341 '132.80 38,055.52
403,651.00 None
6,473.23 None
None None 40,000.00 60,000.00 100,000.00 27,684.51

Total Liabilities............... $ 2,293,036.28

FORTY-THIRD ANNUAL REPORT

25

STATEMENT

Showing condition at the close of business December 31, 1962, of

BUENA VISTA LOAN & SAVINGS BANK Buena Viata, Ga.

As called for by the Superintendent of Banks

CLARKE W. DUNCAN, President.
Date of Charter: 9-22-1887

ARTHUR D. LOWE, Cashier.
Began Business: 9-1-1889

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat_io~ of States and political subdlvl8Ions .................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loana 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..................... .

510,806.72 880,189.79 191,625.66 119,875.00
None 750,737.49
2.00 4.00
None None 216.15

Total Assets .................. $ 2,453,456.81

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D~!~n~~ ~~~t~s. ~~~ -~liti~a~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
eheeks, etc.) ................... . Bills payable ..................... . Acceptancet! executed by or for ac-
count of this bank and outstanding........................... .
.:::::::::::::::::::::::: Other liabilities................... .
~::::t:!:
Undivided profits................. . Reserves ........................ .

1,054,212.12 576,316.78 45,336.10 586,447.72 60,000.00 10,430.98 None
None None 50,000.00 50,000.00 20,713.11 None

Total Liabilities............... $ 2,453,456.81

STATEMENT

Showing condition at the close of business December 31, 1962, of

BUFORD COMMERCIAL BANK Buford. Ga.

As called for by the Superintendent of Banks

JOHN D. CARTER, President.
Date of Charter: 1-18-1946

FORREST PUCKETT, Cashier.
Began Business: 2-11-1946

ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items m process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io~ of States and political
su"bdiVISlODS ......... ,
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..................... .

531,757.32 867,192.62 311,248.58
None None 1,777,311.25 27,005.24 1.00
None None 26,306.04

Total Assets.................. $ 3,540,822.05

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D~l~n~f. ~~~t~s. ~~-~ -~l~t.i~~~ .s~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding, .......................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,917,859.59 909,779.27 115,746.45 330,385.17 None None None
None 20,997.20 100,000.00 100,000.00 46,054.37
None

Total Liabilities...............$ 3,540,822.05

26

DEPARTMENT OF BANKI-NG- - - -

STATEMENT Showing condition at the close of business December 31, 1962, of

THE CITIZENS STATE BANK Butler, Ga.

As called for by the Superintendent of Banks

R. C. BROOKS
President.

MAESAL E. CHILDRES, Cashier.

Date of Charter: 9-4-1926

Began Business: 9-4-1926

ASSETS Cash, balances with other banks, in-

cluding reserve balances, and cash

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

United States Government obligations, direct and guaranteed ..... ~
Obligat.io!'~ of States and political

subdiVISlODS, , , , .. , . . . . . . . . . . .
Other bonds, notes, and debentures ..

Corporate stocks (including stock of

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

Loans and discounts (including over-

drafts) ........................ . Bank premises owned, furniture and

fixtures ........................ . Real estate owned other than bank

premises.................. . .. Investments and other as:-;pt~ indi-
rectly representing bank premi:se~

or other real estate .. Customers' liability to

.t .h.i s. .b.a.~k

on

acceptances outstanding.

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

988,063.40 544,556.25
1,026.34 None None
1,426,469.93 12,287.92 None
None None 23,262.52

Total Assets .................. $ 2, 995,666.36

LI.\HI LITIEC'

l)<'tlland <iqHJsits.

$

TimP depq~its... . . .

.

Depot; it:; of l .. S. ( ~o\'<'rtllllPil t .

Deposits ()f Htatt:-; and politi(al :-:uh-

divisionl'i ....

J)pposit:-; of bank:-. ...

()thpr dPposits (l't>rtifiPd and ofti<<r~-:

fht<ks, <'t<')

lliiiH payabl<

...\<'('(pbtlli'Ps <x<<uhd l;y. or. for al'-

count of this hank and ouhtand-
ing....... . Other liabilitiPs. Capital.

Hurplus. . . . . .... CnUividP<l profits.

H('SCf\'('S,

1 '1.56,289.12 916,934.11 32 '233. 21
417,89.5.26 134 '968.11
29,547 . .51 None
None 21,284.19 100,000.00 110,000.00 44,516.64 31,998.21

Total Liabilitie,.

. ......... $ 2 '995 ,666. 36

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF BYROMVILLE Byromville, Ga.
As called for by the Superintendent of Banks

0. W. KITCHENS, JR. President.
Date of Charter: 7-19-1920

J. D. LESTER, JR.,
Cashier. Began Business: 7-26-1920

ASSETS

Cash, balances with other banks, in-

c1uding reserve biilances, and cash

items in process of collection....... S 149,143.69

United States Government obliga-

tions, direct and guaranteed ..... .

109,641.00

Obligations of States and political

subdivisions ................... .

19,584.08

Other bonds, notes, and debentures ..

74,375.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

450,960.78

Bank premises owned, furniture and

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

4,744.88

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

996. 83

-----

Total Assets .................. $ 809,446, 26

LIABILITIE;;

Demand depo:sits.

. ..... S

Time deposits................... .

Deposits of U . H. Governm('nt ........ .

DdiZi!1~n~f. ~~~~~s. ~~.~ .~~l~t.i~~l. -~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.). . . . ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .................................. . Other liabilities................... .
Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ............................... .

498 '257. 91 174,562.32
1,623.65.
40,867.66 None
257.17 None
None 5,234.15 30,000.00 20,000.00 38,643.40
None

Total Liabilities............ , .. $ 809,446.26

FORTY-THIRD ANNUAL REPORT

2'1

STATEMENT

Showing condition at the close of business December 31, 1962, of

CAIRO BANKING COMPANY Cairo, Ga.

As called for by the Superintendent of Banks

T. R. HESTER, President.
Date of ~r: 11-23-1903

G. G. THOMAS, JR., Cashier.
Began Business: 1-1-1900

ASSETS

Cash, balances with otber banks, in-

cludinp: reserve balances, and cash

items m proceaa of collection......I 1,806,658.44

United States Government oblip-

tiona, direct and paranteed ..... . 1,845,&31.25

0~~\=o:. ~~~. ~~-. ~~~~~ 805,770.82

Otber bonds, notes, and debentures..

None

Col]IOI"&te stocks (including stock of

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

None

Loans and diacounte (including over-

draft&) ............ 2,450,852.80

Bank premises owned, furniture and

&nurea........................ .

31,000.00

Real estate owned other. tban bank

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

1,,000.00

lnveatmente and other aeaete indi-

~erre::r::..~. ~- -~

None

Customers' liability to tbia bank on

~tances outetanding......... .

None

- - - - - Otber Aaaete....

None

Total Aeaete ............ I 8,953,713.31

LIABILITIES Demand dej)OBite.................. I Time depoa1te.................... . Depoaite of U. S. Government ..... . De~~ of States and political sub-
divisions .....................
8:;it.:S\:'f!."riiiieii ;.n.i omm checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outetand-
ing ........................... . Other liabilities................... .
~~t;::.::: :::::::::::::::::::::
Undivided profite................. . Reserves ........................ .

3,212,838.1H 2,739,859.95
109,01H.38 338,813.90
3,,99.25 a,790.32
None
None '8,333.58 200,000.00 100,000.00 187,892.23 - ~.1.190. 78

Total Liabilities.............. I 8,953,713.31

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS BANK Cairo. Ga.

As called for by the Superintendent of Banks

J. C. MINTER, President.
Date of Chuter: 12-3-1903

LUCILE S. MAXWELL, Cuhier
Began Business: 1-1-1904

ASSETS

Cash, balances- witb otber banks, in-

cludinp: reserve balanoea, and cash.

items m Pl"OC881I of collection...... I United States Government obliaa-

tiona1 direct and paranteed ..... .

Oblia~~ of States and political

auMiV181ona ...................

Otber bonds, nott!ddebentures..

~Resteesrtovckes

mcluding stock of ).......... .

Loans and diacounte (including over-

drafte) .........

Bank premises owned, furniture and

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

Real estate owned otber tban bank

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

Investmente and other aeaete indi-

rectlY representing bank premises

or oiher ieal estate............. .

Customers' liability to this bank on

acceptances outetanding......... .

Other Aeaete..................... .

Total Aeaete................. I

'IW,U8.23 l,M8,0311.67
203,987.38 NODe None
7&3,M3.80 17,178.21 NODe
NODe NODe 1,217.25 3,319,223.22

LIABILITIES Demand deJIOBite..................I Time depoa1te.................... . Depoaite of U.S. Government ..... . Denoai~ of States and political sub-
divimona ...................... .
~r~':t~t.<i imd omm c!Jecke, etc.) ...... Billa payable..................... . Acceptances executed by or for ac-
count of tbia bank and outetanding ....................... Otber liabilities................... .
~::!::::::::::::::::::::::: :::
Undivided profite................. . Reserves ........................ .

1,3M,888.44 1,1U,819.81
'8,998.11 387,108.28 11l,OM.81
8,972.93 None
None 10,999.00 75,000.00 100,000.00 70,888.28
None

Total Liabilities.............1 3,319,223.22

28

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF CAMILLA Camilla, Ga.

As called for by the Superintendent of Banks

RAYMOND T. MUGGRIDGE, JR., President.
Date of Charter: 11-4-1889

MRS. LORA D. STARK, Cashier.
Began Business: 12-1890

ASSETS Cash, balances with other hanks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and g)laranteed...... Obligat_io!'~ of States and political subdiVIBwns. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premiseB owned, furniture and
fixtures......................... Real estate owned other than bank
premises..... . . . . . . . . . . . . . . . . . . . Investments and other aBBets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding... . . . . . . . Other ABBets.....................

799,771.83 1,029,614.79
131,988.13 None None
1,136,085.25 19,341.05 1.00
None None None

Total ABBets .................. $ 3,116,802.05

LIABILITIES Demand deposits.................. $ Time deposits.................... Deposits of U.S. Government......
D'Ji~~~~ ~~~~~s. ~~-~~-~~~a~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

1,050,584.53 970,055.67 41,213.68
756,141.37 None
74,827.49 None
None None 100,000.00 50,000.00 55,730.53 18,248.78

Total Liabilities.............. $ 3,116,802.05

STATEMENT Showing condition at the close of business December 31, 1962, of

PLANTERS & CITIZENS BANK Camilla, Ga.
As called for by the Superintendent of Banks

E. J. VANN, III,
President. Date of Charter: 9-20-1904

JOE B. ADAMS, Cashier.
Began Business: 5-24-1913

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ United States Government obliga-
tions, direct and g)laranteed . . . . . . Obliga~o~ of States and political
SUbdiVlBIOnB. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises ............. ~......... Investments and other assets indi-
rectly representing bank premises
or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding... . . . . . . .
Other ABBets......................

964,389.51 1 ,278,622. 50
290,211. 27 None None
2,407,184.28 95,000. 00 None
None None None

Total ABBets ................. $ 5,035,407.56

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

1,825,111.02 2,156,898.13
88,442.48
596,145.02 None
53,810.91 None
None None 150,000.00 150,000.00 15,000.00 None

Total Liabilities............ $ 5,035,407.56

FORTY-THIRD ANNUAL REPORT

29

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANI OF CANTON C..toa, GL

As called for by the Superintendent of Banks

E. 0. McFATHER, President.
Date of Charter: 11-17-1892

L. L.-McCANLESS, Cashier.
Began Business: 12-18-1892

ASSETS Cash, balqces with other banks, in-
cludinJ reserve balances, and cash items m proceas of collection...... $ United States Government obliga-
o~S~llVl~BllO~D~S.'...T..t..a..~..~..P.o.i.ii.ic.&.i
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
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......................

'1'1 ,984.05
2,484132,,738232..2~2
184,981.25 None
2,556,122.49 56,878.96 None
None None 3,732.18

TotaiAssets................. 1 7,ou;,SM.44

LIABILITIES

Demand deposits.................. $

Time depo8lts.................... .

&~~o;ns:~.'..i..a~.:.~~.!.ai

SUi,:
.

&~.t:!s~ified ;md Oiiie;.n;

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

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

Acceptances ezecuted by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

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

2,384,717.83 2,988,776.09
241,627.83 &03,p15.39 139,084.68 36,617.84
None
None 194,542.73 200,000.00 300,000.00 29,442.45 20,000.00

Total Liabilities............ $ 7 ,01S,SOt.44

STATEMENT

Showing condition at the close of business December 31, 1962, of

ETOWAH BANI Cutoa, GL
As called for by the Superintendent of Banks

H. G. VANDIVIERE,
Presid~t.
Date of Charter: 1-22-1927

N. E. FACKLER, Cashier.
Began Business: 1-29-1927

ASSETS

Cash, balances with other banks, in-

cludinJ reserve balances, and caab.

items m proceas of collection..... $

United States Government obliga-

Ol~8~~onVsI:8~ 10DB

~t,.f:"":,~Poiiiic&i
....

Other bonds, notes, and debentures..

Coroorate stocks ("mcluding stock of

F'"ederal Reserve Bank) . . . . . . . . . . .

Loans and discounts (including a-

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 ieal estate............. .

Customers' liability to this bank on

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

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

774,627.20 2,657,133.06
725,489.94 None None
2,369,852.511 131,768.28 None
None None None

Total Assets................ I 6,658,871.03

LIABILITIES

Demand deJl08its..................o$ 2,439,0M.SO

n:lOD8:r...................... . Time depostts.................... .
De~; 'ia~~~~!.ai SUi,:

3,221,327.98 W,842.88

242,034.87

~l"e:!::t~~ imd c.me;.n; 77,413.62

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

10,161.02

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

None

Acceptances ezecuted by or for ac-

count of this bank and outstand-

Otb~.l~bilitle.;.".". . : : : : : : : : : : : : : : : :

None 11,638.90

~~::::::: :::::::::::::::::::

100,000.00 350,000.00

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

59,SW.26

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

110,000.00

Total Liabilities.......... ,$ 6,658,871.03

30

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of
CARNESVILLE STATE BANK Carnesville, Ga.

As called for by the Superintendent of Banks

J. F. COLBERT, President.
Date of Charter: 7-18-1960

HENRY B. HAYES, Cashier.
Hegan Business: 8-1-1960

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ of States and political
subdtV18lOD8 ... , ........ , , ..... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises.... \ .................. . Investments and other assets indi-
~~c~ibe~e:':ais:~:!~:. ~~~~- -~r.e~~s.e~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

391,036.58 474,877.25
None 24,750.00
None 252,119.60
2,287.78 None
None None 226.45

Total Assets .................. 1 1,145,297.66

LIABILITIES Demand deposits................. I Time depos1ts.................... . Deposits of U. S. Government ..... . DeJ?OI!i~ of States and political sub-
divisions ...................... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

659,314.34 295,323.55
14,580.46
86,700.00 None
434.05 None
None 724.94 50,000.00 15,000.00 23,220.32
None

Total Liabilities.............. I 1,145,297.66

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE PEOPLES BANK Carrollton, Ga.

As called for by the Superintendent of Banks

ROY RICHARDS,
President. Date of Charter: 11-10-1909

FRED HUTCHINS, Cashier,
Began Business: 12-1-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... .
Ob~~f!li~~~o~! ..s.t~~~ . a~d.. p~~t~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..................... .

1,697,144.25 2,003,703.67
397,085.72 100,075.00
None 2,784,415.88
65,376.07 None
None None None

TotalAssets................. l 7,047,800.59

LIABILITIES Demand deposits................. I Time depos1ts................... . Deposits of U. ~Government.~ ... .
D'rv~~n~f. ~~~~s. ~~-~ -~~~~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................... .
~~~!:....:::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

4,876,936.80 548,335.58 112,011.69
737,820.66 24,966.20
8,467.96 None
None 169,605.51 125,000.00 175,000.00 50,188.15 219,468.04

Total Liabilities.............. S 7,047,800.59

,

FORTY-THIRD ANNUAL REPORT

31

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CARTERSVILLE "BANK Cartenville, Ga.

As called for by the Superintendent of Banks

WALTER B. ATWATER, President.
Date of Charter: l2-20-1947

HUGH I. JACKSON, Cashier.
Began Busineas: 11-19-1948

ASSETS Cash, balances with other banks, in-
clu~ reserve balances, and cash items 1n process of collection...... I United States Government obliaations, direct and guaranteed......
o~~Yx.To~! ..s~~. ~~-. ~~~~~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loana and discounts (including over-
drafts) .. .. .. .. .. .. .. .. . . . . . . .. . Bank premises owned, furniture and
bturee.........................
-Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . .
Investments and other assets indirectly representing bank premises or other real estate . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding... . . . . . . .
Other Assets......................
Total Assets ............... I

490,774.78 1,586,204.41S
lSIS,Q~;!:
None 1, IS18, 921.27
79,666.00 None
None None 12,969.66 3,874,423.02

LIABILITIES Demand deposits................. I Time deposits.................... . Deposits of U.S. Government ..... .
D~!~n~~ ~~~~~- ~~ -~l~t-ic~ ~~~
0eJl08its of banks ................ . ~her deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,388,080.47 1,384,872.48
119,387 .liS 648 '911S. 39
None 26,167.10
None
None 74,132.87 100,000.00 210,000.00 22,208.56
1,659.00

Total Liabilities.............. I 3,874,423.02

STATEMENT Showing condition at the close of business December 31, 1962, of
'PEACHTREE BANK AND TRUST COMPANY Chamblee. Ga.

As called for by the Superintendent of Banks

JAMES B. WILLIAMS, President.
Date of Charter: 3-17-1960

ERNEST FULLER, Cashier.
Began Busineas: 5-6-1960

ASSETS

Cash, balances with other banks, in-

cludinJ reserve balances, and cash items 1n procesa of collection ......I

2M ,232 90

United States Government obliga-

tions1'direct and guaranteed ..... .

64lS' 124. OlS

o~x.To:. _s~~. ~~~-. ~~~~

None

Other bonds, notes, and debentures..

176,043.78

Corporate stocks (including stock of

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

None

Loana and discounts (including over-

drafts) ........................ . 1,224,449.23

Bank premises owned, furniture and
bturee........................ .

18,187.96

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

or oiher feal estate. . . . . . . . . . . . . .

ISIS, 846 .12

Customers' liability to this bank on

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

None

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

23,687.88

Total Assets . . . . . . . . . . . . . . . . . I 2,396,671. 92

LIABILITIES Demand deposits..................1 Time deposits.................... . Deposits of U.S. Government ..... .
De~~~f- ~~~- ~~-~ -~~t-i~~ -~~
Depoeits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding., .. ,.,._ .................... . Other habilities............ ....... .
~1:.:::::::::::::::::::::::::
Undivided profits................. . Reserves ....................... ..

1,120,158.78 381,118.27 255,760.20 270,196.22 None 19,776.14 None
None 43,827.81 126,000.00 100,000.00 60,734.50
None

Total Liabilities.............. S 2,396,571. 92

1

32

DEPARTMENT OF JJANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

COBUTI'A BANKING COMPANY Oaataworth, Ga.

As called for by the Superintendent of Banks

lL E. CILUIBERS,

FRANCES BEARTSELL,

Piesident.

Cashier.

Date of Charter: 7-17-190fi

Began Business: 1-24-1906

ASSETS Cash, balances with other banks, in-
cl~ reserve balances, and cash items m process of colleCtion...... I Uirlted States Government obliga-
Ob~~ "'Si.~~P,liiiciai

aubdiV18lOOB ..... Other bonds, notes, and debentures..
Corporate atoeks (including stock of
Federal Reserve Bank} .......... Loans and discounts (including over-
drafts} ........................ . Bank premises owned, furniture and

finules........................ .
Real estate owned other than bank

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

rectlJ. Investments and other B811ets indi-

~ting bank
~me'ri/ifl~tet",; iiJ,;

~precm.;is,e.s

acceptances outstanding......... . Other Asaets...... : .............. .

642,074.09 1,414,256.13
160,145.06 100,000.00
None 1,100,(01.59
55,000.00 None
None None None

Total Asaets.............. I 3,471,876.87

LIABILITIES Demand deposits. . . . . . . . . . . . . . . . . S Time deposits.................... . Deposits of U.S. Government..... .
De~~.:f. ~~~- ~~ ~~~~ ~~~
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 ........................

1,587. 981.98 1,247,096.51
93,223.73 315,482.04
None 10,233.42
None
None None 100,000.00 100,000.00 12,000.00 5,859.19

Tottll Liabilities.............. ,S 3,471,876.87

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF CBICK.AIIAUGA Qaidraaup, Ga.

As called for by the Superintendent of Banks

W. B.; EDWARDS, President.
Date of Clui.rter: 2-16-1910

N. COLLINS WRIGHT, Cashier.
Began Business: 6-10-1910

oASSETS

Cash, balances with other banks, in-

. cJudin& reserve balances, and cash

items in procees of collection......I 691,499.95

Uirlted States ~direct a

Government obligand guaranteed......

1

1,033,344.89

~--~~-~~--~ 280,078.25

Other bonds, notes, and debentures. .

None

~=:.,<;:!~-~--~

None

Loans and discounts (mcluding over-

drafts}......................... 1,559,855.45

Bank premises OWiled, furniture and

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

29,495.76

Real estate owned other than bank

~-~d.;u;m.~bi.fi:. ~

Nooe

. - rectJy .....,._ting bank premises
or other ..,.... estate. . . . . . . . . . . . . .
eu.tommB' liability to this bank on ,

Nooe

-""'ces outstanding......... ") Other Aalets... ;. ;.-............

None None

T~ .A8aets................. . 3,594,274.30

LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government..... . De~~ of States and political sub-
divisions ....................
~~~!."riffi"ad ~d: -.;moo;s
checks, ete.} ................... .
Billa payable..................... . Acceptances executed by or for ac. count of this bank and outstand-
ing................. : . . Other liabilities................... . Capital.......................... . Surplus......................... . Undivided profits................. Reserves.............. - ......

1,148,437.55 1,239,928.05
226,390.72 649,481.53
None 3,942.98
None
None 15,758.89 50,000.00 100,000.00 100,334.58 60.,000.00

Total Liabilities............ S 3,594,274.30

FORTY-THIRD ANNUAL REPORT

33

STATEMENT

Showing condition at the close of business December 31, 1962, of

HABERSHAM BANK Clarkesville, Ga.

As called for by the Superintendent of Banks

TOM ARRENDALE. President.
Date of Charter: 5-13-1904

W. W. :OUNSON, Cashier.
Began Business: 5-1904

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash iterns in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

779,649.44 1,471,488.45
385,559.114< 25,031.25 None
1,099,484. 36 42,008.2i None
None None None

Total Assets ................. $ 3,803,221.35

LIABILITIES Demand deposits........... , ..... $ Time depos1ts..................... Deposits of U. S. Government. . . . . .
D"Jr~~~~n~f. ~tat~. ~~.~ .~olit.ica~ .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 ........................ .

2,023,165.69 1,317,714.36
68,783.45
80,713.56 None
5,173.39 None
None None 100,000.00 175,000.00 32,670.90 None

Total Liabilities.............. S 3,803,221.35

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CLAXTON BANK Claxton, Ga.

As called for by the Superintendent of Banks

G. E. PERRY, President.
Date of Charter: 2-24-1941

AUBREY STRICKLAND,
Cashier. Began Business: 2-24-1941

ASSETS 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.iop~ of States and political subdiVISions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises-
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

896,754.85 1,227,020.82
361,327.43 None None
1,954,648.86 11,667.14 None
None None None

TotalAssets ................. $ 4,451,419.10

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U. S. Government ..... .
D"Jr~~~1~n~f ~~~te". an.~ .p~lit.i~~~ .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 ........................ .

2,082 ,151. 64 1,533,760.21
114,149.29 277,488.81 27,095.41 21,708.93
None
None None 100,000.00 150,000.00 145,064.81 None

Total Liabilities.............. $ 4,451,419.10

34

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

TIPPINS BANKING CO., INC. Claxton, Ga.

As called for by the Superintendent of Banks

R. R. TIPPINS, JR., President.
Date of Charter: 8-30-1940

S. J. WATERS, Cashier.
Began Business: 9-3-1940

ASSETS Cash, balances with other banks, in-
cJuding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

419,598.43 747,193.99 311,271.54 299,875.00
None 950,198.37 40,766.96
6,250.00
None None None

Tota!Assets ................. I 2,775,154.29

LIABILITIES

Demand deposits.

. ... 1

Time depostts................... .

Deposits of U. S. Government ..... .
D'JiZi!1~0~f. ~~~~~s. ~~-d. -~~l~t.i~~l. ~~~

Deposits of banks . . . . . . . . . . . . . . . . .

Other deposits (certified and officers'

checks, etc.) ...

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities.......... .

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

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

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

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

1,203,909.49 1,264,927.67
34,955.97
34,216.11 63,451.04
8,620.23 None
None None 50,000.00 90,000.00 25,073.78 None

Total Liabilities.. . . . . . . . . . . . . I 2, 775,154.29

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF CLAYTON Clayton, Ga.

As called for by the Superintendent of Banks

J. C. DOVER, President.
Date of Charter: 6-30-1904

MISS D. P. BLECKLEY, Cashier.
Began Business: 7-1-1904

ASSETS Cash, balances with other banks, in-
cJudintt reserve balances, and cash iterns m process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat.iop~ of States and political subdtvtstons ................... , Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

477,562.43 927,158.43 324,398.65 538,806.26
None 1,007,708.48
40,132.89 5,573.25
None None 198.60

Total Assets .................. S 3.321,538.99

LIABILITIES Demand deposits................ . I Time deposits................... . Deposits of U.S. Government . . . . . .
D':ll~i!ran~f. ~~~tes. a~.d .p~lit.i~~~ .s~~
De.vosits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital.'......................... . Surplus......................... . Undivided profits................. . Reserves ............. , .......... .

2,043,376.40 537,181.81 36,628.00
320,632.76 10,000.00
20,033.19 None
None 36,463.84 100,000.00 150,000.00 55,922.99 11,300.00

Total Liabilities.............. I 3,321,538.99

FORTY-THIRD ANNUAL REPO_R_T_ _ _ _ _ _ _~....c3_5

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE PEOPLES BANK Cleveland, Ga.

As called for by the Superintendent of Banks

H. S.NIX, President.
Date of Charter: 12-11-1945

W. C. DIXON, Cashier.
Began Business: 7-1-1946

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash i terns in process of collection...... I United States Government obligations, direct and guaranteed ..... .
Ob~~t"Ji~~~o~!. States . and . politic.al
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furnitur& 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 ..................... .

311,275.55 567,675.88 328.,689.69 199,.656.25
None 1,176,411.56
56,154.11 None
5,200.00 None
133.83

Total Assets .................. S 2,645,196.87

LIABILITIES Demand deposits.................. I Time depos1ts .................... . Deposits of U. S. Government ..... .
D'Ji~~!!~n~f St~tes. an.d .~olitica~ su~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits.................. . Reserves ....................... .

1,147,257.35 943,925.12 34,300.35
277,689.60 None
3,705.71 None
None None 70,000.00 100,000.00 68,318.74 None

Total Liabilities............... I 2,645,196.87

STATEMENT

Showing condition at the close of business December 31, 1962, of

COOK BANKING COMPANY Cochran, Ga.

As called for by the Superintendent of Banks

J. LUTHER HORNE, President.
Date of Charter: 4-24-1942

ELIZABETH ATTAWAY, Cashier.
Began Business: 7-1-1942

ASSETS Cash, ba]ances with other banks, in-
cJuding reserve balances, and cash items in process of collection ...... I United States Government obligations, direct and guaranteed ..... . Obligat.iop~ 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 assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. I

421,855.47 703,190.63
20,000.00 150,000.00
None 1,418,108.92
47,354.81 None
None None 106,471.40 2,866,981.23

LIABILITIES
Demand deposits.................. I Time depos1ts.................... . Deposits of U.S. Government ..... . DeP,"\li~ of States and political sub-
diVlBtons ...................... Deposits of banks ....... ; ........ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities................... .
g!t~:L;,~: ::::::::::::::::::::::
Surplus ......................... . Undivided profits................. . Reserves .......................

1,181,538.85 861,961.36 29,127.93
417,920.74 20,249.48
1,524.18 None
None None 60,000.00 177,000.00 73,000.00 19,656.69 25,000.00

Total Liabilities...............I 2,866,981.23

,r-----

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of STATE BANK OF COCHRAN Coehran, Ga.

As called for by the Suuerintendent of Banks

L. D. GRIFFIN,

T. E. HOWELL,

President.

Cashier.

Date of Charter: 12-22-1921

Began Business: 1-5-1922

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection..... $ United States Government obligations, direct and guaranteed. . . . . . Obligat.io~~ of States and politiCIIJ subdlVISlOns. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premiees owned, furniture andfixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

1,020,136.19 746,393.45 261 ,431. 69 394,457.40 None
1,067,624.48 5,500.00 None
None None None

Total Assets................. I 3,495,543.21

LIABILITIES Demand deposits................ . $ Time deposits................... . Deposits of U. S. Government ..... .
D'Ji~~~n~f. ~~~tes. ~~~ .po.l~t.ical. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

1,311,726.13 1,237,994.24
125,554.27
530,266.16 None
18,272.36 None
None 53,276.77 100,000.00 70,000.00 43,453.28
5,000.00

Total Liabilities.............. $ 3,495,543.21

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF COLLEGE PARK College Park, Ga.

As called for by the Superintendent of Banks

J. N. WALKER, President.
Date of Charter: 10-3-1945

JOHN L. McCAY, Cashier.
Began Business: 1-7-1946

ASSETS

Cash, balances with other banks, in-

cludintt reserve balances, and cash

items m process of collection. . . . . $

United States Government obliga-

tions, direct and guaranteed ..... .

Ob)igat:io~ of States and political

subdiV18tons ................... .

Other Corpo

bondS, note rate stocks

s1\i

and debe ncluding

ntures 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..................... .

558,097.04 1,220,571.37
229,807.77 854,875.00
None 2,061,156.37
72,710.37 None
None None 41,613.86

Total Assets................. $ 5,038,831.78

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

2,561,122.96 1,608, 728.09
81,978.96
366,137.32 None
7,621.95 None
None 104,566.15 1;!5,000.00 125,000.00
38,676.35 20,000.00

Total Liabilities.............. $ 5,038,831.78

FORTY-THIRD ANNUAL REPORT

37

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS BANK Colquitt, GL

As called for by the Superintendent of Banks

G. C. JINKS, SR. President.
Date of Charter: 8-U-1924

G. C. nNKS, JR., Cashier.
Began Businesa: 4-21-1924

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and casiL items in process of collection......I United States Government obligatiqns, direct and guaranteed ..... . Obligat.i()p~ 9f States ":nd political subdlVISlons ......... ~ ......... . Other bonds,>ll.otes,' and debentures .. Corporate stoCks (including .Wck of Federal Re8etve Bank) .......... . Loans and discounts (including overdtafts) ........................ . 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..................... .

755,776.50 1,593,918.87
112,680.13 None None
2,110,848.00 None None
None None
None

Totu.l Assets ................. I 4,573,223.50

LIABILITIES Demand deposits. . . . . . . . . . . . . . . . . 'I Time depos1ts .................... . Deposits of U. S. Government ..... .
D~!~n~f- ~~~t~s. ~~-~ -~ol~ti~al. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

2,240,402.52 1,475 ,411. 77
46,641.83
413,505.83 None
13,703.50 None
None 49,451.00 100,000.00 200,000.00 34,107.05
None

Total Liabilities.............. I 4,573,223.50

STATEMENT

Showing condition at the close of business December 31, 1962, of

COLUMBUS BANK AND TRUST COMPANY Columbus, GL

As called for by the Superintendent of Banks

JAS. W. BLANCHARD,
President. Date Df Charter: 12-24-1888

H. C. GOETI'ING, Cashier.
Began Business: 4-1-1889

ASSETS

Cash, ba.lanCjlj! with other banks, in-

cluding reserve balances, and cash

items in procees of collection...... S 8,641,17.S.29

United States Government obliga-

tions, direct and guaranteed...... 9,172,645.24

Obligat.io!"l, of States and political

SUbdiVlBlOnS.................... 2,500,331.24

Other bonds, notes, and debentures..

15,004.00

Corporate stocks (including stock of

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

140,500.00

Loans and discounts (including over-

drafts)......................... 24,212,808.76

Bank premises owned, furniture and

fixtures......................... 1,387,568.10

Real estate owned other than bank

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

None

Investments and other aesets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other Aesets...................... 308,918.44

Total Assets .................. S 46,378,951.07

LIABILITIES

Demand deposits................. $ 19,631,725.50

Time depos1ts ..................... 11,208,552.89

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

975,899.22

D~!!~n~f. ~~~~~s. ~~-~ ~~t.i~~~ .s~~ 6,749,131.83

Deposits of banks. . . . . . . . . . . . . . . . . 1 ,208,727.70

Other deposits (certified and officers'

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

245,212.12

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................... . 1,270,936.30

Capital. ......................... . 1 '700,000.00

Surplus ......................... 2,800,000.00

Undivided profits................. . 467,876.72

Reserves ........................ . 120,888.79

Total Liabilities .............. S 46,378,951~07

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

TRUST COMPANY OF COLUMBUS Columbus. Ga.

As called for by the Superintendent of Banks

F. G. LUMPKIN, JR. Pre'\ident.

H. L. GEORGE, Treasurer.

Date of Charter: 3-19-1954

Began Business: 3-19-1954

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 ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ .
Bank premises owned, furniture and fixtures ........................ .
Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets ..................... .

71,557.27 None
52,756.83 None
1,510.46 848,349.51
1,713.82 128,800.46
7,380.00 None
3,020.20

Total Assets ................. S 1,115,088. 55

LIABILITIES Demand deposits................. S Time depostts.................... . Deposits of U. S. Government ..... .
D':fl~'l~~~n~f. ~~ates_ an~. -~litic~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................... .
~:~~::!.
Undivided profits................. . Reserves ........................ .

None 398,565.38
None
None None
None None
None 172,115.49 100,000.00 200,000.00 244,407.68
Non1!

Total Liabilities.............. S 1,115,088.55

STATEMENT

Showing condition at the close of business December 31, 1962, of

MERCHANTS AND l<'ARMERS BANK OF COMER Comer, Ga.
As called for by the Superintendent of Banks

JOHN H. TERRELL, JR. President.
Date of Charter: 10-3-1935

MRS. M. B. BOOTH, Cashier.
Began Business: 10-10-1935

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . . I United States Government obliga tions, direct and guaranteed ..... . Obligatio~~ of States and political
subdlVlBlOOS . , . , , , , , ... , , .... ,
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..................... .

199,543.89 833,969.54 56,267.32
None None 452,511.42 5,643.22 None
None None 605.90

Total Assets ................. S 1,548,541.29

LIABILITIES Demand deposits..................$ Time depos1 ts .................... . Deposits of U. S. Government ..... .
D':fl~'l~~~n~f ~~~t~s. ~~~ -p~l~ti~~l. _su~
Deposits of banks . . .............. . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .......... ....... .. .
Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

966,143.36 244,803.85 16,999.02
128,828.11 None
6,019.67 None
None None 50,000.00 25,000.00 110,747.28 None

Total Liabilities.............. S 1,548,541.29

FORTY-THIRD ANNUAL REPORT

39

STATEMENT

Showing condition at the close of business December 31, 1962, of

NORTHEASTERN BANKING COMPANY Commerce, Ga.

As called for by the Superintendent of Banks

R. M. DAVISON, President.
Date of Charter: 8-25-1891

Wm. N. HARBER, Cashier.
Began Business: 1892

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions. . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises...................... . Investments and other assets indi-
rectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

725,015.46 997,521.88
4,000.00 None
3,000.00 1,063,492.60
26,435.29 2,500.00
None None None

Total Assets .................. S 2, 821 ,965. 23

LIABILITIES

Demand deposits.

. .... S

Time deposits.................. .

Deposits of U. S. Government ..... .
DdiZi!1~n~f. ~~~~~8. ~~.~ .~~l~t.i~~~..8~~

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) ..

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Capital.

Surplus ......... .

Undivided profits.

Reserves ..

1,505,984.84 693,242.19 42,559.89
347,736.27 None
14,090.50 None
None 14,416.75 50,000.00 50,000.00 !!3>.598. 79 10,336.00

Total Liabilities ............... S 2, 821 , 965. 23

STATEMENT

Showing condition at the close of business December 31, 1962, of

CONCORD BANKING COMPANY Concord, Ga.

As called for by the Superintendent of Banks

R. H. STRICKLAND, SR., President.
Date of Charter: 10-29-1903

MRS. KATHRYN BARKER, Cashier.
Began Business: 11-18-1903

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding ..

Other Assets.

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

Total Assets ...

.$

211,573.74 194,998.37
7 ,746.4fi 109,781.25
None 62,746.46
1,289.40 1.00
None None None 588,136.67

LIABILITIES Demand deposits.................. S Time depo:nts.................... . Deposits of U. S. Government ..... .
D%~i!l~n~f. ~~~~~s. ~~.~ .~~l~t.i~~~ .s~~
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. ......................... .
SurJilus ......................... . Un ivided profits................. . Hescrves ........................ .

356,256.57 138,600.68
4,910.64
39,019.62 None
434.01 None
None None 25,000.00 15,000.00 8,915.15 None

Total Liabilities............... S 588,136.67

40

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF ROCKDALE Conyers, Ga.

As called for by the Superintendent of Banks

J. P. CULPEPPER, JR., President.
Date of Charter: 10-15-1891

M. H. IVEY, .Cashier.
Began Business: 6-1901

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 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 aQ.ceptances outstanding.......... Other Assets......................

703,050.53 1,461 ,871. 74
533,776. 08 325,208.44
None 2,038,626.12
52,733. 87 None
None None 16,425.89

Total Assets .................. S 5, 131 ,692.67

Demand deposits. LIABILITIES .s

Time deposits............... .

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

Deposits of States and political sub-

divisions ........ .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .... .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

Capital.........

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

Surplus....

. ......... .

Undivided profits ..

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

2,427,884.46 1,192,533.07
180,568.87
812,692.17 None
1,950.00 None
None 85,203.96 160,000.00 100.000.00 150,860.14 20,000.00

Total Liabilities ............... S 5, 131 ,692.67

STATEMENT

Showing condition at the close of business December 31, 1962, of

FARMERS & MERCHANTS BANK OF COOLIDGE Coolidge, Ga.

As called for by the Superintendent of Banks

MICHEL DELOACH, President.
Date of Charter: 12-18-1911

W. C. GIBSON, Cashier.
Began Business: 11-20-1911

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash_

i terns in process of collection...... S 95,795.52

United States Government obliga-

tions, direct and guaranteed ..... .

249,900.63

Obligat.io!'~ of States and political

subdtVlBlODB .............. , , ... .

None

Other bonds, notes, and debentures..

204,325.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

401,498.92

Bank premises owned, furniture and

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

869.69

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

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

558.29

Total Assets .................. S 952,948.05

LIABILITIES Demand deposits ..... ............. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
D';R~'l~t~n~f ~~~tes a~~ ~olit.i~~~ .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 ........................ .

522,318.57 218,040.32
3,915.58 97,260.83
5,018.25 263:66 None
None None 25,000.00 75,000.00 5,294.07 836.77

Total Liabilities.............. I 952,948.05

FORTY-THIRD ANNUAL REPORT

41

STATEMENT

Showing condition at the close of business December 31, 1962, of

CORDELE BANKING COMPANY Cordele, Ga.

As called for by the Superintendent of Banks

L. B. MADDOX,

R. M. FLEEMAN,

President.

Cashier.

Date of Charter: 5-31-1927

Began Business: 6-15-1927

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . .. Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and . fixtures ........................ . Real estate owned other than bank
premises..... . . . . . . . . . . . . . ..... Investments and other assets indi-
rectly representing bank premises
or other real estate .......... . Customers' liability to this bank on
acceptances outstanding....... .
Other Assets................... .

996,126.19 839,825.00
None 200,000.00
None 2,419,106.61
29,593.09 None
38,565.00 None None

Total Assets .................. $ 4,523,216.49

LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ........ . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ......... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

3,343,814.43 616,664.11 10,140.40
212,799.96 None
48,002.40 None
None None 100,000.00 100,000.00 79,620.92 12,174.27

Total Liabilities............... $ 4,523,216.49

STATEMENT

Showing condition at the close of business December 31, 1962, of

FIRST STAT!: BANK IN CORDELE Cordele. Ga.

As called for by the Superintendent of Banks

J. B. DOWNS, President.
Date of Charter: 12-3-1938

C. C. SHEARER, Cashier.
Began Businesr.: 1-3-1939

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection ...... S 1,308,133.55

United States Government obligations, direct and guaranteed ..... . 1,163,326.06

Obligations of States and political subdivisions ................... .
Other bonds, notes, and debentures ..

345,724.83 None

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

None

Loans and discounts (including overdrafts). . . . . .................. . 1,278,060.8:!

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

48,254.14

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.

. .............. . - -63-7,9-40.-65

Total Assets .................. $ 4, 781,440.06

LIABILITIES
Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i~l~n~f. ~~~~~s. ~~~ -~~l~t.i~~l. _s~~
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 ........................ .

2,819,991.25 989,335.37 117,330.65
264,367.21 112,053.93
24,131.46 None
None None 125,000.00 75,000.00 123,399.14 130,831.05

Total Liabilities...............$ 4,781,440.06

42

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

CORNELIA BANK Cornelia, Ga.

As called for by the Superintendent of Banks

C. C. KIMSEY, President.
Date of Charter: 7-3-1900

C. C. KIMSEY, JR., Cashier.
Began Business: 8-4-1900

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... I 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 overdrafts) ........................ .
Bank premises owned, furniture and fixtures ........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly represen~ng bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets ..................... .

858,842.22 3,010,814.37
372,363.31 120,000.00
None 1,652,315.82
29,424.10 3.00
None None None

Total Assets .................. S 6,043,762.82

LIABILITIES Demand deposits.................. $ Time depos1ts .................... . Deposits of U.S. Government ..... .
Ddi~!!~n~f. ~~~~~s. ~~~ -~o.l~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................ . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves . . .... :,............

2,915,688.53 1,977,607.59
123,265.31
467,598.17 20,965.09
11,053.95 None
None 81,331.79 100,000.00 200,000.00 146,252.39
None

Total Liabilities............... $ 6,043,762.82

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE BANK OF COVINGTON Covington, Ga.

As called for by the Superintendent of Banks

R. R. FOWLER, President.
Date of Charter: 4-10-1901

J. B. WEAVER, Cashier.
Began Business: 4-10-1901

ASSETS

Cash, balances with other banks, in-

cludint' reserve balances, and cash

iterns m process of collection ...... S 1,396,724.60

United States Government obliga-

tions, direct and guaranteed ..... . 2,557,053.14

Obligat.iop.~ of States and political

subdlV1810nS. , ........ , .. , .... , .

519,666.12

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

drafts) .................... . 2,451,859.30

Bank premises owned, furniture and

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

19,635.95

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

49,796.10

Total Assets ................. , S 6.994,735.21

LIABILITIES Demand deposits..................S Time depos1ts .................... . Deposits of U. S. Government ..... .
D'd;~~1~n~f. ~t~tes ~~.d .p~liti~~~ .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 ........................ .

3,656,473.02 1 ,803,152.08
130,708.92
671,272.55 None
15,205.19 None
None 105,092.02 100,000.00 400,000.00 112,831.43
None

Total Liabilities............... S 6,994,735.21

----------------------F-O-R--T-Y---T-H-IRD ANNUAL REPORT

43

STATEMENT

Showing condition at th_e close of business Decemiter 31, 1962, of THE COMMERCIAL BANK Crawford, Ga.

As called for by the Superintendent of Banks

E. H. FURCRON,

W. M. FAUST,

President.

Cashier.

Date of Charter: 9-2-1924

Began Business: 9-5-1924

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash i terns in proceSB of collection. . . . . . I United States Government obligations, direct and guaranteed . . .... Obligat.io!'~ of States and political
subdtVlSlODS .... , .. , . , , , , . , .....
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other aBSets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

414,652.69 736,436.13
33,473.81 None None
517,493.46 18,000.00 3,400.00
None None 2,107.91

Total Assets . . . . . . . . . . . . . . . . . . I 1 ,725 ,564. 00

LIABILITIES Demand deposits. . . . . . . . . . . . . . . . . I Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i!I~n~~ ~~~~~s. ~~-~ -~~l~t-i~~~. _s~~
J)eposits of banks ................ . Dther deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ......................... .
~':Sl~'i':ied. p~~tii;. . .: ::::: :. :::::::
Reserves ........................ .

843,232.81 639,700.02
6,448.94
110,981.07 None
3,861.59 None
None None 50,000.00 50,000.00 21,339.57 None

Total Liabilities.............. I 1 ,725,564. 00

STATEMENT
Showing condition at the close of business December 31, 1962, of THE PEOPLES BANK Crawfordville. GL

As called for by the Superintendent of Banks

G. E. WILLIAMS,

E. W. REYNOLDS,,

President.

Cashier.

Date of Charter: 12-8-1947

Began Business: 1-2-1948

ASSETS Cash, balances with other banks, in-
cJuding reserve balances, and cash items in process of collection. . . . . . $ United States Government obligations, direct and guaranteed . . . ... Obligat.iop~ of States and political SubdiVlSIOnS ... , ...... , .. , , , , , .. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

341,679.89 465,074.28
None None None 519,708.09 18,984.13 None
None None None

Total Assets .................. $ 1,345,446.39

LIABILITIES
Demand deposits................. I Time deposits .. ." . . . . . . . . . . . . . . . . . Deposits of U. S. Government ..... . DeP,o~its of. States and political sub-
divisions , ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

404,864.77 782,033.97
1,027.37
56,040.25 None
4,216.88 None
None None 25,000.00 57,000.00 15,263.15 None

Total Liabilities.............. S 1,345,446.39

44

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF CUMMING Cumming, Ga.

As called for by the Superintendent of Banks

ROY P. OTWELL, SR.

WILLIAM CHAMBLEE,

President.

Cashier.

Date of Charter: 10-11-1904

Began Business: 10-19-1904

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and casb. iterns in process of collection. . . . . . $ United States Government obligations, direct and guaranteed...... Obligat.io!'~ of States and political subd1v1s1ons. . . . . . . . . . . . . . . . . . . . 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 esta.te . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

855 ,789. 00 2,502,745.76
120,203. 13 180,212.50
None 1,233,057.10
18,825.28 None
None None None

Total Assets .................. $ 4,910,832. 77

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~~t~n~f. ~~~~~s. ~~~- ~~~~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
Bill~e~:~~bi~:) . : : : : : : : : : : : : : : : : : : :
Acceptances executed by or for account of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

2,428,900.24 1,468,539.62
134,895.30
433,544.60 None
24,994.86 None
None None 100,000.00 250,000.00 69,958.15 None

Total Liabilities............. $ 4,910,832;77

STATEMENT

Showing condition at the close of business December 31, 1962, 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...... $ United States Government obliga-
tions, direct and guaranteed. . . . . . Obligat.io!'~ of States and political
subd1v181ons.................... 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 otherthan 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. . . . . . . . . . . . . . . . . . . . . .

704,909.60 1,183, 903.28
157,588.31 144,880.50
None 1,083,036.18
16,332.83 None
None None 60. 00

Total Assets .................. $ 3,290,710.70

LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D':fi~~!~n~f ~~~tes. ~~.~ .p~l~~i~~~ ~~
Deposits of banks . . ... , .......... . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,777,187.99 463,437.14 81,008.16
599,471.04 20,000.00
21,738.40 None
None 3,815.41 125,000.00 75,000.00 114,052.56 10,000.00

Total Liabilities.............. $ 3,290,710.70

FORTY-THIRD ANNUAL REPORT

45

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

STATEMENT Showing condition at the close of business December 31, 1962, 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 ...... S United States Government obligations, direct and guaranteed...... Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate 8tocks (including stock of Federal Reserve Bank)... . . . . . . Loans and discounts (including overdrafts).........................
Bank premises owned, furniture and fixtures.. . . . . . . . . . . . . . . . . . . . . . .
Heal 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.... . . . . . . . . . . . . . . . . . .

513,443.14 726,066.40
70,940.27 799,140.62
None 1,207,827.89
57,557.83 None
None None None

Total Assets .................. S 3,374,976.15

Demand deposits. LIABILITIE..S.. s
Time deposits. . . . . . . . ..... . Deposits of U. S. Government ..... Deposits of States and political sub
divisions ..... . Deposits of banks ................ . Other deposits (certified and officers
checks, etc.) .. . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .......................... . Other liabilities .. . Capital. ......... . Surplus ......... . Undivided profits.
Reserves.

1,367,057.91 676,249.11 53,374.26
983,470.92 None
4,080.21 None
None None 100,000.00 125,000.00 65,743.74 None

Total Liabilities.............. $ 3,374,976.15

STATEMENT

Showing condition at the close of business December 31, 1962, 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-

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

Heal estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premises

or other real estate. . Customers' liability to

.... this

'b~~k.

~~

acceptances outstanding.

Other Assets.

Total Assets ...

......... s

1,115,515.25 1,089,533.18
180,965.39 100,126.00
None 2,464,610. 72
128,500.00 None
None None 2,346.00 5,081,596.54

LIABILITIES Demand deposits. . ...............$ Time deposits..................... Deposits of l:. S. Government...... Deposits of States and political sub-
divisions ................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.). . . . ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ................... . Other liabilities........... . Capital. ........... . Surplus........... . ........... . Undivided profits .. . Reserves ........................ .

2,007,308.02 1,547,840.04
237,823.22
642,262.25 None
41,976.05 None
None 132,978.19 100,000.00 200,000.00 128,407.82 43,000.95

Total Liabilities ...............$ 5,081,596.54

46

DEPARTMENT OF BANKING

--------------

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

STATEMENT Showing condition at the close of business December 31, 1962, 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: 2-17-1!}22

Cashier. Began Business: 2-20-1922

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 over-
drafts)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises...... . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

2,015,605.16 2,969,867.56 1,054,902.34
None 1.00 5,455,826. 73 123,308.61 None
None None 24 .46

Total Assets .................. S 11,619,535.86

Demand deposits. LIABILITIES. .. s
Time deposits... . . . . ....... . Deposits of U. S. Government .... . Deposits of States and political sub-
divisions ...... . Deposits of banks. . . . . . . . . . . ..... Other deposits (certified and officers'
checks, etc.) . Rills payable. . .................. . Acceptances executed by or for ac-
count of this bank and outstand-
ing ......... . Other liabilities. Capital.
Surplus ......... . Undivided profits.
Reserves .....

5,883,068.82 3,719,208.99
560,922.55
507,984.52 None
54,612.33 None
None 119,340.51 200,000.00 500,000.00 74,398.14
None

Total Liabilities.............. S 11,619,535.86

STATEMENT Showing condition at the close of business December 31, 1962, 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-

cJuding reserve balances, and cash

items in process of collection . . . . . . $ 161,039.54

United States Government obliga-

tions, direct and guaranteed ..... .

907,409.00

Obligations of States and political

subdivisions ................... .

77,039.96

Other bonds, notes, and debentures..

249,250.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

310,536.52

Bank premises owned, furniture and

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

16,242.83

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other

Assets .....................

.

-

-

-

None
--

.Total Assets. . . . . . . . . . . . . . . . . S 1,721 ,517.85

LIABILITIES Demand deposits................. S Time depos1ts .................... . Deposits of U .. S. Government ..... .
DJi~i!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................... .
~:f~r:~.
Undivided profits................. .
Reserves ........................ .

941,765.98 420,529.53
1,777.27
158,765.14 None
3,221.50 None
None 3,793.23 35,000.00 50,000.00 106,665.20
None

Total L1ahilities.............. S 1,721,517.85

FORTY-THIRD ANNUAL REPORT

47

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE DARIEN BANK Dar1en, Ga.

As called for by the Superintendent of Banks

EDWARD R. GRAY, JR.,

P. E. CLARK, JR.,

President.

Cashier.

Date of Charter: 12-8-1888

Began Business: 1-24-1889

ASSETS

Cash, balances with other banks, in-

cluding items in

reserve process

balances, and of collection..

cash ....

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 representing bank premises

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

Customers' liability to this bank on

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

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

230,028. n
1,089,998.89 274,636.10 None None 802,207.68 42,150.00 None
None Nontt None

Total Assets .................. S 2,439,020. 78

LIABILITIES

Demand deposits.

. .. S

Time deposits. . . . . . . . . . . . ..... .

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

Ddi~i~t~n~f. ~~~~~s- ~~~- -~~l~t-i~~l. ~~~

Deposits of banks ................ . Other deposits (certified and officers
checks, etc.) . . . . . ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ... . Surplus ............ . Undivided profits .... .
Reserves ......... .

959,671.05 863,037.07
43,929.99
317,965.13 None
8,468.57 None
None 70,323.24 50,000.00 75,000.00 50,625.73
None

Total Liabilities.............. I 2,439,020. 78

STATEMENT
Showing condition at the close of business December 31, 1962, of
BANK OF DAWSON Dawson, GL

As called for by the Superintendent of Banks

ROGERS LOCKE, President.
Date of Charter: 6-29-1911

JACK EDWARDS, Cashier.
Began Business: 7-1-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

1,027,657.81 1,174,670.60
503,036.76 332,750.00
None 1,985,480.93
16,991.35 None
None None None

Total Assets .................. S 5,040,587.45

LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U. S. Government ..... . DeJ!osits of States and political sub-
diVISions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

1,955,920.29 1,938,274.19
19,408.16
642,544.30 23,442.45
7,898.68 None
None 26,743.40 100,000.00 300,000.00 26,355.98
None

Total Liabilities...............$ 5,040,587.45

48

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF TERRELL Dawson, GL

As called for by the Superintendent of BankR

J. E. KING,

R. A. HILL,

President.

Cashier.

Date of Charter: 3-23-1936

Began Business: 5-1-1936

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 rep:tesenting bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

1,235,094.86 1,826,517.27
373,481.88 357,312.50
None 2,478,138.52
28,064.01 None
None None 122,251.73

Total Assets. . . . . . . . . . . . . . . . . S 6, 420,860.77

Demand

LIABILITIES deposits ..................

s

Time deposits.................... .

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

DdiZi!1~n~~ ~~~~~s. ~~-~ :.~l~t-i~~~ _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 ........................ .

2,311,463.77 2,487,806.85
80,709.81
723,161.94 239,681.67
58,480.78 None
None None 200,000.00 200,000.00 119,555.95 None

Total Liabilities............... S 6, 420,860.77

STATEMENT

Showing condition at the close of business December 31, 1962, of

DAWSON COUNTY BANK Dawsonville, GL

As called for by the Superintendent of Banks

H. G. VANDIVIERE, President.
Date of Charter: 7-1-1953

JOHN V. STILLER, Cashier.
Began Business: 7-13-1953

ASSETS
Cash, balances with other banks, including reserve balances, and cash items in process of collection...... I
United States Government obligations, direct and guaranteed ..... .
Obligat.io~~ of States and political SubdlVlSIOnS, , , . , , ........ , , , .. .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

275,356.84 397,535.46 104,423.47 199,971.86
None 530,066.06
13,800.11 None
None None 1,120.70

Total Assets .................. S 1,522,274. 50

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i~l~n~f. ~~~~~s. ~~-~ -~~l~t.i~~~ .s~~
Deposits of l:ianks ................. . 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 ........................ .

582,153.19 481,318.36
10,408.93
264,773.03 20,000.00
23,521.46 None
None None 25,000.00 50,000.00 55,099.53 10,000.00

Total Liabilities ............. S 1 ,522 , 274. 50

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ F__O_R_T_Y_-T__H I_R_D_ _A_N_N~U_A_L~R_E_P_Oc_R_T_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _49

STATEMENT

Showing condition at the close of business December 31, 1962, 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

BOBBY G. MORRIS, Cashier.
Began Business: 4-16-1951

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... I United States Government obligations, direct and guaranteed ..... . Obligat.io~~ of States and political
subdiVlBlOOB . , ..... , . , . , , ... , ,
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..................... .

1,390,705.14 3,505,660.43
884,963.29 None
3,500.00 3,036,360.89
46,847.80 None
150,000.00 None
33,509.40

Total Assets .................. S 9,0fil.546.95

LIABILITIES De111and deposits ..................S Time deposits..................... Deposits of U.S. Government......
D'd;~~~1~n~f. States. ~n.d ~oliti~al. s~~
Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acolptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits.... . .......... . Reserves ........................ .

5,528,249.69 2,318,924.50
94,897.51
275 ,483 . 14 None
11,899.21 None
None 273,688.66 250,000.00 200,000.00
73,404.24 25,000.00

Total Liabilities.............. $ 9,051,546.95

STATEMENT

Showing condition at the close of business December 31, 1962, of

TONEY BROTHERS BANK Doerun~ Ga.

As called for by the Superintendent of Banks

J. W. TONEY, President.
Date of Charter: 7-11-1945

J. W. TONEY, Cashier.
Began Business: 7-31-1945

ASSETS

Cash, ba]ances with other banks, in-

cluding reserve balances, and cash

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

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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding....

Other Assets.

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

629,807. 03 148,892.40
None None None 1,068,922.51 4,502.00 None
None None None

Total Assets .................. $ 1,852,123.94

LIABILITIES Demand deposits.................. S Time deposits .................... . Deposits of l!. S. Government ..... . DeJ?O~i~s of States and political sub-
dtvtstons...................... . Deposits of banks ................ . Other deposits (certified and officers'
ch.:cks, etc.). . . . ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .... Other liabilities .. . Capital. ......... . Surplus ......... . Undivided profits........... . Heserves ....

989,258.72 498,881.68
1,680.00
124,088.43 58,622.29
6,768.03 None
None None 50,000.00 100,000.00 14,824.79 8,000.00

Total Liabilities.............. S 1,852,123.94

50

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

COMMERCIAL STATE BANK Donalsonville, Ga.

As called for by the Superintendent of Banks

W. H. VAN LANDINGHAM, President.

ELLEN G. SPIER, Cashier.

Date of Charter: 10-21-1938

Began Business: 12-16-1938

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S 968,768.48

United States Government obliga-

tions, direct and guaranteed ..... .

359,781.25

Obligat.io~~ of States and political

subd1VlSlOOB . . . . .............

102,860.29

Other bonds, notes, and debentures ..

204,875.00

Cnrporate stocks (including stock of

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

None

Loans and discounts (including over-

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

967,468.25

Bank premises owned, furniture and

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

11,320.93

Real estate owned other than bank

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

1,404.86

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

15,000.00

Total Assets .................. $ 2,631,479.06

LIABILITIEt:l

Demand deposits.

. .$

Time deposits............... .

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

DeP.o~i!s of States and political sub-

divisions ...................... .

Deposits of banks ................ .

Other deposits (certified and officers'

Bill~e~~;~bt~:) .: : : : : : : : : : : : : : : : : : :

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities .......... .' ........ .

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

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

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

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

1,230,143.83 689,550.52 40,069.34
232,349.61 148,585.07
18,819.95 None
None 24,676.01 50,000.00 75,000.00 122,284.73
None

Total Liabilities...............$ 2,631,479.06

STATEMENT

Showing condition at the close of business December 31, 1962, of

MERCHANTS AND FARMERS BANK Donalsonville, Ga.

As called for by the Superintenaent of Banks

HENRY 0. CUMMINGS, President.
Date of Charter: 9-24-1925

E. H. HOWARD, Cashier.
Began Business: 9-24-1925

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S 560,341.87

United States Government obliga-

tions, direct and guaranteed ..... . 1,421,926.72

Obligations of States and political

subdivisions ................... .

24,846.11

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

803,734.00

Bank premises owned, furniture and

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

62,552.92

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

1,538.00

Total Assets .................. $ 2,874,939.62

LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposits of U. S. Government . . . . . .
Ddi~~!~n~f-~~~~~s. ~~~ -~~l~t.i~~~ _s~~
Deposits of banks ................ . Other deposits (certified and officers'
Bill~e~~;~bl~:) . : : : : : : : : : : : : : : : : : : :
Acceptanpes executed by or for account of this bank and outstanding ........................... .
Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,332,266.01 994,597.87 39,611.85
267,422.15 None
7,573.21 None
None None 100,000.00 120,000.00 13,468.53 None

Total Liabilities ...............$ 2,874,939.62

FORTY-THIRD ANNUAL REPORT

51

STATEMENT

Showing condition at the close of business December 31, 1962, 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

ASi::iETi:l Cash, balances with other banks, in-
cluding reserve balances, and cash
itPms in procei3S of collection ...... S l'nited States Government obliga-
tions, direct and guaranteed . . . . . Obligations of States and political
subdivisions. . . . . . . . . . . . . . . ( )ther bonds, notes, and debentures. Corporate stof'ks (including stock of
Federal Htscrve Bank)... . . . . . . . . Loans and discounts (ineluding over-
drafts)........ .. .. .. .. . .. .. . Bank premisPs owned, furniture and
fixtures. . . .. .. . .. .. .. .. .. .. . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . lnve:;tm(nts and other assets indi-
rC'ctly nprPsenting bank premises or other rPal Pstatc. . . . . . . . . . . Custompn;' liability to this bank on
acceptances outstanding.
Other Assets.. . . . . . . . . .

Total Assets ...

. .... s

649,836.57 3,869,917.40
25,340.31 None None
1,172,136.64 50,518.95 None
None None None 5. 767.749.87

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

LIABILITIES

Demand deposits.

. .... S

Time deposits....... .. .. .. .

Deposits of l'. S. Government......

Deposits of States and political sub-

divisions.. . ...

Deposits of banks . . . . . . . . . . .....

Other dpposits (<'Prtified and officers'

rhccks, f'tc .) .

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

:\cceptan('('H f'Xf'CUtPd by or for ac-

count of this bank and outstand-

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

Other liabilities.

Capital.

Rurplus ......... .

l~ndivided profits.

H.m;ervcs ..

2,660,006.52 2,037,849.31
50,408.87
434,394.00 78,168.32
25,058.68 None
None None 100,000.00 100,000.00 69,980.42 211,883.75

Total Liabilities.

.. ... s 5,767,749.87

STATEMENT Showing condition at the close of business December 31, 1962, of

THE FAR!\IERS BANK Douglas, Ga.

As called for by the Superintendent of Banks

F. S. STUBBS,

W. L. WILLIS,

President.

Cashier.

Date of Charter: 5-22-1945

Began Business: 7-5-1945

-----------~~-=-~-~~--=--=-c--=-----------

Ai:li:lETS

Cash, balancf's with othf'r banks, in-

cluding nservP balanees, and cash

itf'ms in process of collection ...... $

l'nited Htates Government obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . .

Other bonds, notes, and debenturf's ..

Corporate stocks (including stork of

Federal Heserve Bank). . . . . . . .

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Real cs.tate owned other than bank

prC'TillSes..... . . . .............. .

Investments and other assets indi-

rectly rPpns(nting bank premises

or other r<'al estate ..... . Customers' liability to this

b~~k

on

acceptances outstanding.

Other Assets.

1,196,957. 70 2,717,147.62
509,610.49 None None
2,684,033.33 30,682.73 None
None None 19,627.10

LIABILITIES

!?,cmand deposits.

. .....$

ltme depostts. . . . . . . . . . . . . . . .

Deposits of L. S. GoYernrnent......

Deposits of Htates and political sub-

divisions ...... .

DPposits of banks. . ............. .

Other deposits (certified and officers'

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

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

Acccptancf's cxccutPd by or for ac-

count of this bank and outstand-

ing ...... .

OthPr liabilities.

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

Hurplus .................... .

FndividPd profits.

HcservPs. . . . . .............. .

3,372,919.94 2, 052, 801. 50
159,024.55
639,675.90 281,125.32
29,586.70 None
None 62,986.52 150,000.00 250,000.00 124,938.54 35,000.00

Total Assets ...

. . . $ 7,158,058.97

Total Liabilities .

.........$ 7,158,058.97

~~~~~-

-~---------

52

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

THE CITIZENS BANii OF DOUGLASVILLE Douglasville, Ga.

As ca11ed 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-
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 debenturf's.. 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. . . . . . . . . . . . . . . . . . . . . .

604,089.95 278,465.36
None None None 1,086,912.36 50,731.93 None
None None None

Total Assets .................. S 2,020,199.60

LIABILITIE'l Demand deposits ................. S Time deposits.................. Deposits of F. 8. Government. . . . . . Deposits of States and political sub-
divisions ...... . Deposits of banks. . . . . . . . . ..... . Other d<'posits (certified and officC'rs'
checks, etc.).
Bills payable..................... . Acceptances exe('uted by or for ac-
count of this bank and outstanding ......... . Other liabilities. Capital. ............. . Rurplus ........ . Undivided profits ........... . H.escrves ....

1,081,286.15 627,806.09 36,126.71
63,380.31 None
6,978.58 None
None 156.30 100,000.00 70,000.00 34,465.46
None

Total Liabilities.............. S 2,020,199.60

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE COMMERCIAL BANK Douglasville, Ga.

As ca11ed 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...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank
premises...................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets. . ................ .

693,107.43 1,139,641.47
18,087.14 20,000.00
None 1,354,022.18
99,997.92 None
None None 2,144.37

Total Assets .................. $ 3,327,000.51

LIABILITIES

Demand deposits.

. .......... $

Time depostts....................

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

Deposits of States and political sub

divisions ........ .

Deposits of banks. . . . . . . ........ .

Other deposits (certified and officers'

checks, etc.) . . .

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

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

1,592,575.60 840,264.91 109,108.89
475,569.76 None
22,044.93 None
None 49,295.81 100,000.00 50,000.00 88,140.61
None

Total Liabilities.............. S 3,327,000.51

~~~~---F_O_R_T_Y_-_THIRD ANNUAL REPO_R_T~~~~~~~-----=5=3

STATEMENT

Showing condition at the close of business December 31, 1962, 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

LIABILITIES

Cash, balancC's with other hanks, in-

Demand deposits.

. ... S 4.612,104.87

cluding reserve balances, and cash

Time deposits... . . . . . . . . . . .

3,812 ,366. 99

i terns in process of collection ...... S 1,280,009.84

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

152.494.09

United States Government obligations, direct and guaranteed ..... . 3,558,564.93

DJi~i~1~n~f- ~~~~~s. ~~d .~~l~t.i~al. ~~b~ 593.962.15

Obligat_io!l~ of States and political

Deposits of banks. . . . . . . . . . . . . . . .

577.603.88

subd1VISlOllS .. , , . . . . . . . . . ....

679.720.08

Other deposits (eertified and officers'

Other bonds, notes, and debentures ..

None

f'hecks, ete.).

122,805.39

c,)rporate stoeks (ineluding stock of

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

None

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

4,500.00

Aceeptan('f'S exC('UtPd by or for ac-

Loans and discounts (including; over-

eount of this bank and outstand-

drafts). . . . .................. . 5.360,766.66

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

None

Bank premis<'s owned, furniture and

Other liabilities ..

340,365.73

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

123,802.46

Capital.

300,000.00

Rea) estate owned other than bank

Hurplus ..... .

300,000.00

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

None

"CndiYidPd profit~.

159,831.92

Investments and otlwr assets indi-

Heservcs.

85,517.40

rectly nprP~Pnting bank premi::w:s

or other rPal Pstate .......... .

None

Customers' liability to this bank on

acceptances outstanding.

None

Other Assets.

49,688.45 1

-~: _ _T_ot_a_l_A_s_se_t_s_. _____ .. S 11,057~(}1;~--~----- Total Liabilities.

. ... s 11,057,052.42

STATEMENT Showing condition at the close of business December 31, 1962, of
FARMERS & MERCHANTS BANK Dublin, Ga.
As called for by the Superintendent of Banks

L. P. KEEN,

President.

Date of Charter; 5-26-1910

AKKETH

Cash, balances with other banks, in-

eluding rPscrvc balances, and cash

itPm~ in process of collection.... S

l"nitcd StatP::5 Government obliga-

tions, dirPet and guaranteed. . . . .

Obligations of States and politi('al

subdivisions. . . . . . . . . . . . . ...

Other bonds, notes, and debentures ..

Corporate stoC'ks (inrluding stock of

FedPral H_PsPrvc Bank). . . . . . ...

Loans and disC"ounts (including ovPT-

drafts). .

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

Bank premises ownf'd, furniture and

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

Real Pstate ownNi otlwr than bank

prC'misC's.. . . . . . . . . . . . .

lnvC'::;tnl{'nh\ and othPr asset~ indi-

rectly rPprPsPnting bank pnmi~<s

or otlwr Customers'

nal Pstatc .. liability to

.t.h.i~.

l;~~~k

oil

accf'ptancP:s outstanding.

Ot hPr A ~seb.

l-
1
919,774.36 2,556 ,841. 75
30,000.00 550,000.00
None 1,838,080.43
21,064.25 None
None None 4,480.45

Total Assets ....

s 5,920 ,241. 24

LEWIS T. RICH, Cashier.

Began Business: 7-6-1910
~~~~

J.IABILITIEK

~~.<Jnand dqJO~its.

. ..... $

J \lllC <.kpo~It~................

])pposits of l. H. CovPrnmPnt......

Depo~itl-' of titatP::-; and political sub

divi~ion::-; . . . . . .

DPpo::-;it::-; of ba11ks . . . . . . . . . . . . . .

OtlHr dq)()::-;it::-; (eNtitiPd and officers'

dwcks, Pte.)

Bills payahiP . .-\ccpptan<<':-> ('X('CUtPd

J;y. (.lr. i<;r

aC~

count of this bank and outstand-

ing ...... .

( Hlwr liabilities.

Capital.

~urplus. . . . . . . .

l'ndivid<'d profits.

HcserY<'S.

2,421,012.35 1,728,838.72
199,090.21
689,441.92 458,121.62
33,288.09 None
None 127,240.29 100,000.00 100,000.00 63.208.04
None

Total J.iabilities. . ......... $ 5,920.241.24

54

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

THE MORRIS STATE BANK

Dublin, Ga.

As called for by the Superintendent of Banks

S. BARRON SMITH, President.

THOMAS L. WALKER, Cashier.

Date of Charter: 7-31-1958

Began Business 10-2-1958

ASSE TI-l Cash, balanc<'s with other bankH, in-
eluding reserve balances, and rash i terns in process of collection. . . . . . S Vnited States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions .................. . Other bonds, notes, and debentures ..
Corporate stocks (including stock of
Federal Heserve Bank)... . . . . . .
Loans and discounts (including overdrafts) ........................ .
Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . .....
Real estate owned other than bank premises ..\..................... .
Investments and other as~Pts indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding.
Other Assets ..

916,458.72 757,527.50
None 114,843.75
None 1,233,932.38
12,010.59 None
50,000.00 None
1,163.59

Total Assets. . . . . . . . . . . . . . . . . . $ 3,085,936. 53

LIABILITIE~
Demand deposits. Time deposits. . . . . . . . . . . . . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ................... . Depo~its of banks ................ . Other deposits (certified and officers'
cheeks, et('.).
Bills payable ..................... . Acreptanres exeeuted by or for ac-
count of this bank and outstanding ... Other liabilities .. .
Capital. .................... . Hurplus ........ . Undivided profits. Hcserves.

1,213,669.25 1,169,366.63
57,764.66
163,557.36 20,463.74
54,929.56 None
None 58,919.93 200,000.00 100,000.00 47,265.40
None

Total Liabilities.............. S 3,085,936.53

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF DUDLEY Dudley, Ga.

As called for by the Superintendent of Banks

RUBERT L. HOGAN, President.

JIMMY KEMP, Asst. Cashier.

Date of Charter: 10-2-1905

Began Business: 11-1905

Ai-l~En;
Cash, balances with other bank!:l, including reserve balances, and cash items in process of collection ...... S
United States Government obligations, direct and guaranteed ..... .
Obligatio!'~ of States and political subdlVlSlOnS ... , . . . . . . . . . . ...
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

489,798.54 758,635.47 253,024.46
None None 1,263,376.07 2.00 None
None None None

Total Assets .................. S 2,764,836.54

LIABILITIES Demand deposits.................. $ Time deposits.................... .
Deposits of U. S. Government ..... .
Ddi~i!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 ...... , .... , ... , ........ .

909,400.23 1,109,520.54
35,146.85
230,611.09 134,603.04
6,109.29 None
None 44,465.86 50,000.00 150,000.00 60,160.92 34,818.72

Total Liabilities.............. $ 2,764,836.54

FORTY-THIRD ANNUAL REPORT

55

STATEMENT Showing condition at the close of business December 31, 1962, of

THE BANK OF DULUTH

Duluth, Ga.

As called for by the Superintendent of Banks

HAROLD J. KELLEY, President.
Date of Charter: 1-22-1945

A. DON CARROLL, Cashier.
Began Business: 2-17-1945

ASSET8 Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S Vnited 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, furniturp and
fixtures..... . ................. . Real es_tate owned other than bank
premtses..................... .
Investments and other assets indirectly representing bank premises
or other real estate .......... .
Customers' liability to this bank on
acceptances outstanding.
Other Assets............ .

500,992.40 769,002.30 111,081.23
None None 1,062,703.74 34,279.49 None
None None 15,898.92

Total Assets ............ .

2,493,958.08

LI.\ BI LITlE,;

Demand dPposit:s.

.$

Time dPposits......

..

Deposits of C. S. Govt>rnnwnt ..... .

Deposits of ~tates and political sub-

divisions .....

Deposits of hanks. . . . . . . . . . . . . . . .

Othpr deposits (certified and officers'

checks, Pte.) ..

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

Aeecptanccs Pxecutfd by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities.

Capital.

Hurplus.. . . . . .

UndividPd profits.

Reserves.

1,036,245.66 797.91.5. 03 48,763.95
351,842.40 None
4.80 None
None 73,910.46 50,000.00 70,800.00 64,475.78
None

Total Liabilities.

s 2,493,958.08

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF EASTMAN Eastman, Ga.
As called for by the Superintendent of Banks

W. L. JESSUP, JR., President.
Date of charter: 12-28-1918

RUSSELL S. HARRELL, Cashier.
Began Business: 1-2-1919

AS8ET8 Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... . S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises..................... . Investments and other assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

753,243.65 1,182,328.13
220,955.38 650,000.00
None 1,163,600.43
35,000.00 1.00
None None None

Total Assets .................. $ 4,005,128.59

LIAB1LITIE8 Demand deposits................ S Time deposits... . . . . . . . . . . . . . . . . Deposits of lT. S. GovPrnmPnt...... Deposits of ~tatcs anJ. political sub-
divisions ...... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.). . ............. . Bills payable ..................... . Acceptances exrcut<>d by or for ac-
~ount of this bank and outstand-
Ing ......... . Other liabilities.
Capital... . ........ . Surplus ........ . Undivided profits.
Reserves ....

1,822,046.45 1,535 ,960. 78
55,732.37
261,208.93 33,009.37
1,487.02 None
None None 120,000.00 100,000.00 75,683.67 None

Total Liabilities.............. $ 4,005,128.59

5c:...6c____ _ _ _ _ _ _____::D=--=EPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS CLEARING BANK Eastman, Ga.

As called for by the Superintendent of Banks

H. R. RAGAN,

B. B. ECKLES,

President.

Casnier.

Date of Charter: 3-12-1949

Began Business: 4-1-1949

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed...... Obligations of States and political subdivisions.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

513,396.00 1,223,998.44
219,000.00 None None
1,412,160.36 30,148.85 None
None None None

Total Assets. . . . . . . . . . . . . . . . . . $ 3, 398,703. 65

LIABILITIES Demand deposits. . . . . . . . . . . . $ Time deposits................... Deposits of U.S. Government......
Ddi~i!1~n~f- ~~~~~s. ~~-~ -~~l~t.i~~~- _s~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ...................... . Other liabilities........... . Capital. ............ . Surplus ........... . Undivided profits................. . Reserves ........................ .

1,617,175.65 1,049,743.34
151,401.94
226,738.33 51,543.67
None None
None None 100,000.00 150,000.00 None 52' 100.72

Total Liabilities.............. S 3,398,703.65

STATEMENT Showing condition at the close of business December 31, 1962, 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-
c1uding 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 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..................... .

1,550,695.85 1,887,230.47 1,096,476.55 2,270,272. 71
None 5' 106,135.24
243,662.13 None
None None 122,628.29

Total Assets .................. S 12,277,101.24

LIABILITIES Demand deposits................. S Time deposits................... . Deposits of U. S. Government. .... .
DJi~i!!~n~f. ~~~~~s- ~~.~ -~~l~t-i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... . C~H~ .......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

7,100,754.20 3,101,888.09
97,301.99
771,333.32 48,636.91
104,887.91 None
None 185,196.06 350,000.00 450,000.00 67,102.76
None

Total Liabilities............. S 12,277,101.24

FORTY-THIRD ANNUAL REPORT

57

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CITIZENS AND SOUTHERN BANK OF EAST POINT

East Point, Ga.

As called for by the Superintendent of Banks

EUGENE E. JONES,

HUGH D. THOMPSON, JR.,

President. Date of Charter: 11-12-1948

Cashier. Began Business: 11-19-1948

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed...... 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 indirectly representing bank premises
or other real rstatc. . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding.
Other Assets. . .

1, 785,503.64 2,477,076.43
812,936.60 None
85,000.00 5,202,996.43
104,411.89 None
None None 27, 972. 97

Total Assets .................. $ 10,495,897.96

LIABILITIES

Demand deposits.

. ....$

Time deposits... . . . . . . . . . . .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.).

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

Capital.

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

Surplus ......... .

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

Reserves ..

4. 725,092.72 2,587,876.05
337,298.71
341,840.45 1,098,074.42
60,009.01 None
None 466,684.08 300,000.00 300,000.00
79,459.51 199,563.01

Total Liabilities............... $ 10,495,897.96

STATEMENT Showing condition at the close of business December 31, 1962, 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

ASI:iETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S l'nited States Government obligations, direct and guaranteed. . . . . Obligations of States and political subdtVlS!OnS. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and diHcounts (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.

552,499.88 1 ,179, 213.51
61,984.40 None None
1,053,325.38 89, 958. 00 None
None None None

Total Assets ..

........... $ 2,936,981.17

LIABILITIES Demand deposits..................S Time deposits. . . . . . . . . . . . . . . . Deposits of U.S. Government...... Deposits of States and political sub-
divisions ...... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........ . Other liabilities. Capital. .................. . Surplus ........................ . l:ndivided profits .. Heserves ..................... .

1,171,968.57 1 ,320,577. 42
43,533.98
171,578.24 None
28,662.07 None
None 2,211.71 100,000.00 50,000.00 48,449.18
None

Total Liabilities.............. $ 2,936,981.17

58

_ _D~E_PARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE PEOPLES BANK

Eatonton, Ga.

As called for by the Superintendent of Banks

J. l\1. GREGORY,

HARVEY L. WILSON,

President. Date of Charter: 3-16-1944

Cashier. Began Business: 5-1-1944

ASSETS

Cttsh, balances with other banks, in-

cluding reserve balances, and cash

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

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

premisPs........ . . . ....... .

Investments and othf'r assets imli-

rectly representing bank premises

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

Customers' liability to this bank on

acceptances outstanding....... .

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

253 '783. 92 492,595.95
None None None 932 '732.55 14,397.02 1.00
None None None

Total Assets .................. $ 1 ,693,510. 44

LIABILITIES Demand deposits. . ........ . ..$ Time deposits............... . Deposits of L. S. Government ..... . Deposits of States and political sub-
divisions ........ . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.).
Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................ . Other liabilities .... .
Capital. Surplus ........ . Undivided profits.
Reserves ..... .

720,631.45 652,250.37
47,928.78
140,256.79
1,917.54 None
None 103.56 50,000.00 45,000.00 24,514.83 10,907.12

Total Liabilities...............$ 1,693,510.44

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE BANK OF EDISON Edison, Ga.

As called for by the Superintendent of Banks

C. W. LOWE, President.
Date of Charter: 9-24-1904

THEDFORD TURNER, Cashier.
Began Business: 1904

Ai:li:lETS 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 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.

453,069.82 751,758.54 145,093.28 169,847.50
None 1,200,754.28
49,000.00 None
None None 11,393.62

Total Assets ....

$ 2,780,917.04

Demand deposits. LIABILITIES .s
Time deposits.................... . Deposits of U. S. Government. .... .
DJiZi~1~n~f. ~~~~~s. ~~~ -~~l~t.i~~~ _s~~

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

Heserves ........................ .

1,079,415.46 791,590.63 39,105.27
554,335.83 36,661.35
24,296.16 None
None 14,315.06 80,000.00 100,000.00 60,331.07
866.21

Total Liabilities. . . . . . . . . . . . . $ 2, 780,917.04

FORTY-THIRD ANNUAL REPORT

59

STATEMENT

Showing condition at the close of business December 31, 1962, of

GRANITE CITY BANK Elberton, Ga.

As called for by the Superintendent of Banks

A. D. WILBURN,

JAMES M. CLEVELAND,

President.

Cashier.

Date of Charter: 12-3-1927

Began Business: 1-2-1928

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S
Vnited States Government obligations, direct and guaranteed . . . . .
Obligatio!'s of States and political subdtvtswns. . . . . . . . . . . . . . . . . . .
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 represr-nting bank premises or other real estate. . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. Other Assets. . . . . . . . . . . . .

1,288,982.87 1,168,355.57
529,505.93 None
10,500.00 3,210,397.31
47,820.29 None
None None 27,600. 37

Total Assets .................. $ 6,283,162.34

Demand deposits. LIABILITIES ..s
Time deposits... . . . . . . . . .. Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ..................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ... Bills payable. . . . . . ............. . Acceptanees executed by or for ac-
count of this bank and outstanding ... Other liabilities. Capital. ...................... . Surplus ........ . Undivided profits........... . Reserves.

2,525,633.82 1,921,504.30
281,410.06
903,650.65 19,445.18
26,635.75 None
None 120,427.00 150,000.00 200,000.00 134,455.58
None

Total Liabilities.............. $ 6,283,162.34

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF ELLAVILLE Ellaville, Ga.

As called for by the Superintendent of Banks

L. S. BOYETTE, M.D., President.
Date of Charter: 9-10-1910

RICHARD G. CALLAWAY, Cashier.
Began Business: 9-16-1910

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S

L nited 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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding.

Other Assets.

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

Total Assets ...

s

260,724.09 540,325.00 182,235.93 100,083.00
None 636,034.52
7,760.90 None
None None 5,836.56 1,733,000.00

LIABILITIES

Demand deposits ................. S

Time deposits .................. .

Deposits of L. 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 outstand-

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

Other liabilities...

. ........ .

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

Surplus ........ .

lT ndivided profits.

H.eserves ....

687,812.23 484,417.83
20,661.62
286,618.45 None
16,091.47 None
None None 25,000.00 100,000.00 112,200.40 None

Total Liabilities.............. $ 1,733,000.00

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE BANK OF ELLIJAY Ellijay, Ga.

As called for by the Superintendent of Banks

E. T. HUDSON, President.
Date of Charter: 5-21-1914

GLEN W. MARSHALL, Cashier.
Began Business: 6-1-1914

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... 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 over-
drafts). . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures................... . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . clnvestmcnts and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . Other Assets.................

763,427.43 1 ,623,462.19
478,898.81 None None
1, 198,104.71 25,000.00 None
None None 5,214.00

Total Assets.................. $ 4,094,107.14

LIABILITIES

Demand deposits...

. .$

Time depos1ts.............. . . . .

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

Ddi~i!I~n~f- ~~~~~s. ~~-~ -~~l~t-i~~~. ~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . . . . ........... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........ . Other liabilities. Capital. ... . Surplus ............ . Undivided profits .... . Reserves ........................ .

1,634,014.87 1,729,650.97
82,854.24
256,066.90 10,000.00
17' 140.43 None
None 33,852.26 100,000.00 100,000.00
8,527.47 122,000.00

Total Liabilities.............. $ 4,094,107.14

STATEMENT Showing condition at the close of business December 31, 1962, of

FAIRBURN BANKING COMPANY Fairburn, Ga.
As called for by the Superintendent of Banks

Y. H. LONGINO, President.
Date of Charter: 9-14-1891

MRS. WINNER B. LONGINO, Cashier.
Began Business: 1902

AtlSETS

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 es_tate owned other than bank

prCUllSeS ............ , .......... .

Investments and other assets indi-

rectly representing bank premises

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

Customers' liability to this bank on

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

Other Assets.

. ........ .

Total Assets ... ...........s

371,635.81 1,007,165.50
107,941.95 600,903.75
None 959,308.27
21,457.35 None
None None 33,761.48 3,102,174.11

LIABILITIES Demand deposits .................$ Time deposits.................... . Deposits of U. S. Government. .... . Deposits of States and political sub' divisions. . . . . . . . .......... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus.'........................ . Undivided profits................. . Reserves ........................ .

1,537,619.23 1,109,669.59
49,482.82
88,836.05 8,613.22
4,809.10 None
None 38,379.31 75,000.00 100,000.00
5,000.00 84,764.79

Total Liabilities............. ,$ 3.102,174.11

FORTY-THIRD ANNUAL REPORT

61

-----

~-~~-------

~~-~---

---

STATEMENT Showing condition at the close of business December 31, 1962, of

FARMERS AND MERCHANTS BANK

Fayetteville, Ga.

As called for by the Superintendent of Banks

H. P. REDWINE,

H. C. HEWELL,

President.

Cashier.

Date of Charter: 2-16-1906

Began Business: 3-13-1906

ASSETS Cash, balances with other banks, in-
cluding resprvc balances, and cash items in process of collection ......$ Cnite-d States Government obligation:::), direct and guaranteed ..... Obligations of States and political subdivisions . . . ............ .
Other bonds, notes, and debentures.
Corporate stoc_ks (including stock of
Federal Hcserve Bank) . . . . . .. Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . Bank premisPs owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises................ . .... Investments and other assets indi-
rectly rC'prescnting bank premise~
or other rPal Pstate .......... . Customers' liability to this bank on
acceptances outstanding.
Other Assets.......... .

329,246.38 840,557.03
52,393.86 562,052.06
25,000.00 933,293.46
12,961.63 None
None None 9,580.81

Total Assets ...

.... $ 2 '765 ,085. 23

LIABILITIES

Demand depm~its.

. ......$

Time deposits. . . . . . . . . ..... .

Deposits of l~. 8. GovPrnmPnt ..... .

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . . . . . .

Othf'r deposits (rertifiPd and officers'

che('ks, Pte.).

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

Accf'ptances Pxccuted by or for ac-

count of this bank and outstand-

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

Other liabilities ..

Capital..

Surplus ........ .

C ndividPcl profits.

Hcscrv<':--.

999 '907. 68 509,389.56
24,879.10
885,758.10 36 '706. 27
29,432.15 None
None 98,925.27 60,000.00 80,000.00 36 '751.15
3,335.95

Total Liabilities.

. ....$ 2 '765 ,085. 23

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF FINLEYSON Finleyson, Ga.
As called for by the Superintendent of Banks

R. L. SCARBOROUGH, President.
Date of Charter: 9-20-1910

CLARENCE FINLEYSON, Cashier.
Began Business: 9-20-1910

ASSET>-i

Cash, balances with other bank~. in-

cluding reserve balances, and cash

items ln process of collection......$

United State~ Government obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . .

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

Federal Heserve Bank). . . . . . ....

Loans and discounts (including over-

drafts). . .

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

Bank prernises owned, furniture and

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

Real estate owned other than bank

pren1ises ....................... .

Investments and other assets indi-

rectly repnsenting bank premises

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

Customers' liability to this bank on

acceptances outstanding.

Other Assets.

Total Assets ...

.$

149 ,239. 79 171,641.75
None 200,000.00
None 178,676.13
782.83 None
None None None 700 '340 ..50

LIABILITIES

J)(mtmd depo~its.

.S

Time dcposits................. .

Deposits of U. 8. Government ..... .

Deposits of 8tates and political 8Ub4

divisions ..... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etr.).

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

Aceeptances exeeuted by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities ..

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

Surplus ........ .

Pndividf'd profits................. .

Hcserves ....

435 '205 ..55 104,444.23
None
14,367.28 None
5,333.53 None
None 9,873.33 25,000.00 .50,000.00 25,000.00 31,116.58

Total Liabilities.............. $ 700,340.50

62

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, 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. HERWVICH, Cashier.
Began Business: 7-19-1948

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection..... S United States Government obligations, direct and guaranteed. . . . . . Obligations of States and political subdivisions.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

614,569.95 642,581.36
33,202.14 50,062.50
None 1,519,154.59
4, 973. 23 None
None None 825. 84

Total Assets .................. S 2, 865,369.61

LIABILITIES

Demand deposits.

. .. S

Time deposits........ . . . . . . . . .

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

Deposits of States and political sub-

divisions ........ .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .... .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities.............. .

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

. ........ .

~';."J'i~ided. p~~fit;. .

Reserves ... ~ ..... .

1,026,133.58 1,097,914.59
40,053.24
350,329.87 22,434.16
7,613.41 None
None 5,000.00 100,000.00 150,000.00 65,890.76
None

Total Liabilities...............$ 2,865,369.61

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CITIZENS BANK Folkston, Ga.
As called for by the Superintendent of Banks

WILLIAM MIZELL, President.
Date of Charter: 12-12-1911

C. E. GLENN, Cashier.
Began Business: 1-4-1912

ASSETS Cash, balances with other banks, in-
c1udingreserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed. . . . . . Obligat.io!'~ of States and political subdlVtstons . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank).... . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures. .. .. . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. . . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

1 ,070,488. 53 1,102, 963.05
689 ,656 .98 450,031.25
None 1,807,511.51
14,653. 09 1, 000. 00
None None None

Total Assets .................. S 5,136,304.41

LIABILITIES Demand deposits ..................$ Time deposits..................... Deposits of U.S. Government......
D':li~i~!~n~f ~~~tes. and. ~~liti~~l. ~u~
Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ................ .

1,805,028.10 2,098,447.00
6,298.07
475 ,304 .08 None
17,224.57 None
None 199,504.97 100,000.00 100,000.00 300,000.00
34,497.62

Total Liabilities.............. $ 5,136,&04.41

----------------~F~O~R~T~Y~-T~H~I=R~D~A=N~N~U~A=L~R=E~P_O~~R~T--------------~63

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF FOREST PARK Forest Park, Ga.

As called for by the Superintendent of Banks

C. G. DUNCAN, SR.,

JOHN W. NAPIER

President.

Cashier.

Date of Charter: 5-9-1956

Began Business: 10-15-1956

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed...... Obligations of States and political
subdivisions. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. . . . . . . . . .
Other Assets......................

898,932.44 1,079,975.00
11,983.07 669,687.50
Nons 2,617,976.75
71 ,096. 87 None
None None 19,326.53

Total Assets .................. $ 5,368,978.16

LIABILITIES
Demand deposits................ $ Time deposits. . . . . . . . . . . . . . . . . . . . . Deposits of U.S. Government...... Dd\~'l~l~n~f States an~ politicalsu~

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

2,767,456.75 1 ,128, 774. 63
110,599.04 891 , 656 _98
None
76,170.31 None
None 81,983.04 200,000.00 100,000.00 12,337.41
None

Total Liabilities.............. $ 5,368,978.16

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS BANK OF FORSYTH Forsyth, Ga.

As called for by the Superintendent of Banks

H. H. HARDIN, President.
Date of Charter: 2-17-1920

G. A. BANKS, Cashier.
Began Business: 3-1-1920

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank).. . . . ....
Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . . ....
Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises . . . . . ................. . Investments and other assets indi-
rectly representing bank p~mises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding....... .
Other Assets. . ................ .

1,669 ,201. 72 846,857.50 192,882.35 None None 474,990.91 4,035.36 None
None None None

Total Assets ..

. ........ $ 3,187,967.84

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i~I~n~f. ~~~~~s. ~~-~ ~~l~t.i~~~ ~~~

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

Capital.......

. ........ .

Surplus ........ .

Undivided profits.

Reserves ....

2,027 ,438. 26 409,198.56 375,589.13
63,878.17 None
7,892.31 None
None None 40,000.00 60,000.00 None 203,971.41

Total Liabilities .............. $ ~.187,967.84

64

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE FARMERS BANK Forsyth, Ga.

As called for by the Superintendent of Banks

R. 0. PERSONS, JR.,

C. E. MACKEY

President.

Cashier.

Date of Charter: 3-9-1910

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 ..... . Obligations of States and political
subdivisions. . . . . . . . . . . . . . . ... Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

294,681.20 656,561.19
None 50,000.00
None 927,406.95
2.00 None
None None None

Total Assets .................. $ 1,928,651.34

LIABILITIES

Demand deposits.

.$

Time deposits.................. .

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

Ddi~i!!~n~f. ~~~~~s. ~~.~ -~~l~t.i~~l. _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........... . .......... .

684,042.89 597,886.83
61,007.54
412,281.86 None
2,306.34 None
None None 50,000.00 50,000.00 None 71,125.88

Total Liabilities............... $ 1,928,651.34

STATEMENT

Showing condition at the close of business December 31, 1962, of

MONROE COUNTY BANK Forsyth, Ga.

As called for by the Superintendent of Banks

CHARNER W. HILL, President.
Date of Charter: 11-2-1908

JAS. M. McCARTY, Cashier.
Began Business: 10-15-1908

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

369,955.75 577,663.46 576,990.91 491,543.75
None 1,132,993.86
1,028.97 379.00
None None None

Tota!Assets ................. $ 3,150,555.70

LIABILITIES Demand deposits ..................$ Time deposits.................... . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions....... . .......... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.). . . . .............. . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,140,542.62 1,593,803.09
40,359.60
135,747.93 None
5,149.91 None
None 25,683.60 25,000.00 75,000.00 34,268.95 75,000.00

Total Liabilities.............. $ 3,150,555, 70

FORTY-THIRD ANNUAL REPORT

65

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

FORT GAINES BANKING COMPANY Fort Gaines, Ga.

As called for by the Superintendent of Banks

T. W. MOBLEY,

JAS. A. BROWN,

President.

Cashier.

Date of Charter: 2-11-1937

Bel!.'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 over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding.
Other Assets............ .

342,134.66 967,982.00 129,869.50
None None 414,015.23 8,075.00 None
None None 41,624.35

Total Assets .................. S 1 ,903, 700. 74

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

1,123,735.40 357,908.19 2,095.00
179,872.00 12,093.22
3,399.96 None
None None 50,000.00 75,000.00 84,596.97 15,000.00

Total Liabilities...............$ 1,903,700.74

STATEMENT Showing condition at the close of business December 31, 1962, 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.
BeJ~;an Business: 10-15-1924

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

United States Government obliga-

tions, direct and guaranteed......

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . .

Other bonds, notes, and debentures..

Corporate stocks (including stock of

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

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Real estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premises

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

Customers' liability to this bank on

acceptances outstanding..

Other Assets.

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

851,269.05 2,315,810.09
964,676.08 None None
2,042,699.00 11 ,118. 79 11,478.19
1,000.00 None
3,621.46

Total Assets ......... .

$ 6,201,672.66

LIABILITIES
Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ..................... . Deposits of banks . . ..... , ........ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves, ....................... .

3,150,711.79 1,046,849.66
123,401.30
1,062,080.68 10,000.00
16,522.96 None
None 97,527.06 200,000.00 200,000.00 294,579.21
None

Total Liabilities........... -. S 6,201,672.66

66

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

THE BANK OF HEARD COUNTY

Franklin, Ga.

As called for by the Suoerintendent of Banks

T. W. GOODSON,

THOMAS W. GOODSON, JR.,

President.

Cashier.

Date of Charter: 10-14-1905

Began Business: 10-18-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . 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....................... . Investmen{.s and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

255,645.88 649,654.25
67,224.44 75,000.00
None 686,094.90
20,568.03 None
None None None

Total Assets .................. $ 1,754,187.50

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

676,082.54 656,563.90
22,399.39
152,005.62 None
9, 715.07 None
None 303.80 50,000.00 150,000.00 27,117.18 10,000.00

Total Liabilities............... $ 1,754,187.50

STATEMENT. Showing condition at the close of business December 31, 1962, of

THE CITIZENS BANK Gainesville. Ga.
As called for by the :Superintendent of Banks

ROBERT A. BRICE,

PIERCE J. HANCOCK,

President. Date of Charter: 5-19-1913

Cashier. Began Business: 6-1913

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . . $ United States Government 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 indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets. . . . . .............. .

1,253,268.69 2,241,932.88
400,621.47 735,000.00 155,000.00 3,178,914.16
2.00 None
None None None

Total Assets .................. $ 7 ,964 ,739 . 20

LIABILITIES Demand deposits................. $ Time deposits..................... Deposits of U.S. Government......
Ddi~i!I~n~!. ~~~~~s. ~~~ ~~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ......................... . Surplus .......... : .............. . Undivided profits................. .
Reserves ........................ .

4,155,232.35 1,919,226.80
315,512.18
650,206.48 168,754.97
4,095.75 None
None 15,000.00 300,000.00 250,000.00 142,479.13 44,231.54

Total Liabilities. . . . . . . . . . . . . . S 7, 964,739. 20

FORTY-THIRD ANNUAL REPORT

67

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF GIBSON Gibson, Ga.

As called for by the Superintendent of Banks

LOUIE H. GRIFFIN, M.D.,

E. E. GRIFFIN, JR.,

President.

Cashier.

Date of Charter: 11-7-1906

Began Business: 11-27-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and QS.sh items in process of collection ...... S United States Government obligations, direct and guaranteed . . .... Obligat.iop.~ of States and political
subdlVlSlODS ..... , , ...... , , ... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding ......... . Other Assets..................... .
Total Assets ................. .

150,144.47 433,919.00
69,219.53 None None
121,416.45 8,500.00 None
None None None 783,199.45

LIABILITIES Demand deposits. . ............ $ Time depos1ts .................. . Deposits of U.S. Government ..... .
D1i~i!1~n~~ ~~~~~s- ~~-~ -~~l~t-i~~~- _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 ........................ .

464,367.23 10,000.00 None
233,500.00 282.22
None None
None None 25,000.00 37,500.00 12,550.00 None

Total Liabilities .............. S 783,199.45

STATEMENT Showing condition at the close of business December 31, 1962, 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.
..______!!_e~an Busi11ess: 1-4-1943

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

378,013.45 153,000.00
89,586.57 358,937.50
None 746,493.43
25,526.41 None
None None None

Total Assets .................. $ 1 ,751 .557. 36

LIABILITIES
Demand deposits................. $ Time depos1ts .................... . Deposits of U. S. Government ..... .
D1i~i!1~n~f. ~~~~~s. ~~-~ .~~~~~i~~~ _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 ........................ .

636,089.05 597,546.47
19,456.08
279,718.44 None
802.57 None
None 19,662.05 60,000.00 40,000.00 98,282.70
None

Total Liabilities.............. $ 1,751,557.36

68

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

THE GLENNVILLE BANK

Glennville, Ga.

As called for by the Superintendent of Banks

J. A. BACON,

J. A. ROGERS,

President.

Cashier.

Dat!! of Charter: 1-12-1905

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...... Obligatio!'~ of States and political subdtvtswns.................... 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. . . . . . . . . . . . . . . . . . . . . .

526,022. 40 1,021,031.26
94,626.91 None None
1,863,241.03 29 ,362.52 None
None None None

Total Assets .................. $ 3,534,284.12

LIABILITIES

Demand deposits.

.$

Time deposits....................

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

D"Ji~i~l~n~f ~tate. an~ .political. ~u~

Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,103,189.21 1,763,020.64
43,735.27
297 ,756 _15 None
45,514.47 None
None 21 '712.31 75,000.00 75,000.00 109,356.07
None

Total Liabilities.............. S 3,534,284.12

STATEMENT

Showing condition at the close of business December 31, 1962, 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, incJuding reserve balances, and cash items in process of collection..... I
United States Government obligations, direct and gu"B.ranteed ..... .
Obligat.io!'~ of States and political subdlVlSlOnS . . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

458,832.85 275,000.00
51,185.48 205,053.13
None 669,977.75
12,632.71 None
None None 859.42

Total Assets. . . . . . . . . . . . . . . . . S 1 ,673,541.34

LIABILITIES Demand deposits.................. S Time depos1ts .................... . Deposits of U. S. Government ..... .
Ddi~i!1~~~f. ~~~~~s. ~~-~ .~~l~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable.......... , .......... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

622,121.66 613,491.53
4,705.00
231,671.21 None
1,100.73 None
None None 35,000.00 100,000.00 65,451.21 None

Total Liabilities.............. $ 1,673,541.34

1

FORTY-THIRD ANNUAL REPORT

69

-----

-~---------------'-'-

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF GRAY Gray, Ga.

As called for by the Superintendent of Banks

D. V. CHILDS, JR.,

F. H. CHILDS, JR.,

President.

Cashier.

Date of Charter: 8-23-1909

Began Business: 8-28-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S LTnited 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 es,tate owned other than bank
premises................. . ... Investments and other assets indi-
rectly representing bank premises
or other real estate .......... . Customers' liability to this bank on
acceptances outstanding.
Other Assets.

Total Assets .....

s

433,271.29 430,775.00
33,073.60 None None
765,900.15 30,749.33 None
None None None 1,693,769.37

LIABILITIES

Demand deposits.

. .... $

Time deposits... . . . . . . . .

Deposits of l7. S. Govf'rnment ..... .

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 outstand-

ing ......... .

Other liabilities ..

Capital.

Surplus ......... .

Undivided profits.

Reserves ....

855,613.16 345,507.36
2,749.90
366,935.17 None
6,770.75 None
None None 50,000.00 50,000.00 16,193.03 None

Total Liabilities ............... $ 1,693,769.37

STATEMENT

Showing condition at the close of business December 31, 1962, 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-
cJuding reserve balances, and cash
items in process of collection ...... $ 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 representing bank premises
Cu0:t~~~~~.r~i~bii~~t\o thi; b~~k on
acceptances outstanding. Other Assets.

699,595.24 508,587.20 235,941.20 237,825.01
None 1,059,333.92
7,074.96 None
None None None

Total Assets ........ .

... $ 2, 748,357.53

LIABILITIES

Demand deposits.

. .... $

Time deposits.................... .

Deposits of U. S. GovPrnment ..... .

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 outstand-

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

Other liabilities .. .

Capital. ..

Surplus ......... .

Undivided profits.

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

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

778.508.9.1 1,288,234.67
40,636.49
355,296.01 None
41.391.70 None
None 15,000.00 100,000.00 100,000.00 29,289.71
None

Total Liabilities............... $ 2,748,357.53

,

70

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CITIZENS BANK Greensboro, Ga.

As called for by the Superintendent of Banks

J. M. REYNOLDS,

L. C. MITCHELL,

President.

Cashier.

Date of Charter: 3-9-1946

Began Business: 4-1-1946

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' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. $

619,461.97 445,151.14 294,312.11
None None 818,612.57 1,143.42 None
None None 513.09 2,179,194.30

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 outstand-

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

Other liabilities................... .

Capital. ....... .

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

Undivided profits .. .

Reserves ....

1,008,526.66 691,269.41 46,951.71
219,983.47 None
7,983.74 Non
None 692,00 75,000.00 75,000.00 53,787.31
None

Total Liabilities...............$ 2,179,194.30

STATEMENT Showing condition at the close of business December 31, 1962, of

THE GREENVILLE BANKING CO. Greenville, Ga.
As called for by the Superintendent of Banks

R. J. ATKINSON, President.
Date of Charter: 10-24-1887

R. M. PHILLIPS, Cashier.
Began Business: 1891

ASSETS Cash, balances with other banks, in-
c1uding reserve balances, and cash iterns in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

174,944.11 672,400.27 130,668.21 145,130.00
None 448,364.29
7,644.68 None
None None None

Total Assets .................. $ 1,579,151.56

LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
Ddi~i!!~n~f- ~~~~~s- ~~~ ~~l~t.i~~~ _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 ........................ .

699,159.48 532,892.74
34,107.31
133,004.41 10,000.00
2,132.21 None
None 6,000.00 50,000.00 50,000.00 56,355.41 5,500.00

Total Liabilities............... $ 1,579,151.56

1

FORTY-THIRD ANNUAL REPORT

71

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

STATEMENT Showing condition at the close of business December 31, 1962, of

COMMERCIAL BANK AND TRUST COMPANY Griffin, Ga.

As called for by the Superintendent of Banks

C. T. PARKER, President.
Date of Charter: 10-11-1889

JACKSON D. HARDY, Cashier.
Began Business: 10-9-1890

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... 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 representing bank premises

or other real estate. . Customers' liability to

.... this

'b~n.k.

on

acceptances outstanding.

Other Assets.

3,251,137.45 5,474,766.75 1,542,067.29
None None 7,897,634.68 445,371.51 None
None None None

Total Assets .................. $ 18,610,977.68

LIABILITIES

Demand deposits.................. $

Time deposits.................. .

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

De~o~its of States and political sub-

dtnswns ...... .

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..

. ......... .

6 ,548,050. 75 6,153,226.11
261,965.74
3,350,619.19 44,233.44
148,103.06 None
None 680,397.09 400,000.00 800,000.00 224,382.30
None

Total Liabilities.............. $ 18,610,977.68

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE STATE BANK Griffin, Ga.

As called for by the Superintendent of Banks

S. T. MARTIN,

F. WESTMORELAND,

President.

Cashier.

Date of Charter: 4-24-1933

Began Business: 5-2-1933

ASSETS Cash, balances with other banks, in-
cJuding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direc:t and guaranteed ..... . Obligations of States and political subdivisions ... Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) . . . . . . .... Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . . . .. Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. Other Assets.

1,813,354.57 2,029,695.56
829,673.22 575,440.21
27,000.00 3,927,817.45
166,889.01 63,611.10
None None None

TotalAssets ................. $ 9,433,481.12

LIABILITIES Demand deposits................. $ Time deposits..................... Deposits of U.S. Government...... Deposits of States and political sub-
divisions ................ . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .......................... . Other liabilities .. . Capital. ....... . Surplus ........ . Undivided profits. . ............. .
Reserves ..... .

4,700,307.71 2,603,115.30
317,298.08
595,310.32 None
20,854.78 None
None 131,434.89 300,000.00 600,000.00 165,160.04
None

Total Liabilities.............. ,$ 9,433,481.12

72

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

JONES COUNTY BANK Haddock, Ga.

As called for by the Superintendent of Banks

L. M. WOODCOCK,

L. M. WOODCOCK,

President.

Cashier.

Date of Charter: 7-14-1905

Began Business: 7-25-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . 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 1\fid other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. S

208,416.80 114,500.00
19,639.79 None None
301,888.82 405.42 1.00
None None 1,737.38 646,589.21

LIABILITIES

Demand deposits.

. ....$

Time deposits.............. .

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

Deposits of States and political sub-

divisions........ . ......... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.).

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

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

312,307.94 113,599.61
4,121.25
91,600.00 None
1,453.16 None
None None 25,000.00 75,000.00 23,507.25 None

Total Liabilities............... S 646,589.21

STATEMENT Showing condition at the close of business December 31, 1962, of

CITIZENS BANK OF HAHIRA Hahira, Ga.

As called for by the Superintendent of Banks

D. K. HOLLIS, JR.,

M. W. KIRKLAND,

President. Date of Charter: 2-12-1927

Cashier. Began Business: 2-21-1927

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

333,853.88 164,923.04
54,373.15 275,078.12
None 773,872.15
29,470.45 2.00
None None 225.45

Total Assets .................. S 1, 631 ,798. 24

LIABILITIES Demand deposits................. $ Time deposits................... . Deposits of U. S. Government. .... .
Ddi~i!!~n~f. ~~~~~~B. ~~~ -~~~~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 ........................ .

723,898.79 659,604.78
5 '733.31
81,742.11 819.54
None None
None 23,159.89 25,000.00 75,000.00 12,036.40 24,803.42

Total Liabilities.............. $ 1,631,798.24

FORTY-THIRD ANNUAL REPORT

73

STATEMENT Showing condition at the close of business December 31, 1962, of

COMMERCIAL BANKING COMPANY Hahira, Ga.

As called for by the Superintendent of Banks

TALLEY LAWSON, President.
Date of Charter: 1-29-1946

V. A. GASKINS, Cashier.
Began Business: 4-5-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

99,058.16

United States Government obliga-

tions, direct and guaranteed ..... .

682,991.95

Obligations of States and political

subdivisions ................... .

10,000.00

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

191,704.82

Bank premises owned, furniture and

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

1,650.00

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

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

None

-----

Total Assets .................. S 985,404.93

LIABILITIES

Demand deposits. . . .

. .. S

Time deposits................... .

Deposits of C. S. Government ..... .

Ddi~i~i~n~f- ~~~~~s- ~~~- ~o_l~t~~~~- ~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities.............. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ............... .

376,460.81 457' 121.95
2,105.07
67,535.19 None
1,949.18 None
None 7,000.00 25,000.00 25,000.00
732.73 22,500.00

Total Liabilities............... S 985,404.93

STATEMENT Showing condition at the close of business December 31, 1962, of

CITIZENS BANK OF HAPEVILLE Hapeville, Ga.
As called for by the Superintendent of Banks

A. P. JACKSON, President.
Date of Charter: 7-20-1945

THOS. H. CAREY, Cashier.
Began Business: 9-4-1946

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 representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

970,695.87 1 ,450,163.13
443,328.04 590,225.47
None 3,598,931.28
80,959.04 None
21,250.00 None
46.622 0 77

Total Assets .................. S 7,202,175.60

LIABILITIES Demand deposits................. $ Time depostts.................... Deposits of U.S. Government.....
D'Ji~i!l~n~f ~~~tes an.d .politi~~~ 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 ........................ .

4,161, 231.10 1,522,932.53
146,612.94
496 ' 811 .06 24,642.57
56,032.85 None
None 265,015.91 300,000.00 100,000.00 128,896.64
None

Total Liabilities.............. S 7,202,175.60

74

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF COLUMBIA COUNTY Harlem, Ga.

As called for by the Superintendent of Banks

E. D. CLARY, JR.

HENRY E. L. MILLER,

President.

Cashier.

Date. of Charter: 11-29-1909

Began Business: 12-13-1909

ASSETS
Cash, balances with other banks, including 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 representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

532,462.25 665,395.25
59,680.30 1,000.00 None
534,562.09 10,645.15 None
None None None

TotalAssets .................. S 1,803,745.04

LIABILITIES Demand deposits ..................S Time deposits.................... . Deposits of U. S. Government. .... .
DJi~i!!~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 ........................ .

739,957.04 527,196.38
10,506.71
294,896.99 None
772.73 None
None 5,034.45 50,000.00 75,000.00 90,380.74 10,000.00

Total Liabilities.............. S 1,803,745.04

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF HARTWELL HartweU, Ga.
As called for by the Superintendent of Banks

J. H. WRIGHT, President.
Date of Charter: 5-15-1961

SIMS HILL, Cashier.
Began Business: 11-9-1961

ASSETS Cash, balances with other banks, in-
cJuding reserve balances, and cash iterns in proceSB 'Of collection. . . . . . S United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political subdlVISlons ................... . 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 aSBets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

341,303.45 676,036.88
None 50,000.00
None 585,439.70
75,060.88 None
None None 1,168.67

Total Assets .................. S 1, 729, 009. 58

LIABILITIES Demand deposits ..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':fi~~t~n~f ~tate". an.~ -~l~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 outstanding ............................ . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

669,772.15 274,080.91
30,245.78
473,255.17 None
5,866.46 None
None 8,443. 74 150,000.00 82,500.00 34,845.37
None

Total Liabilities.............. S 1,729,009.58

1

-~---------F_O_R_T_Y_-_THII~D_AN~_!J_A_L_REPO=-=R::.:._ T _ _ _ _ _ _ ____::::75

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS BANKING COMPANY Hartwell, Ga.

As called for by the Superintendent of Banks

E. C. GRIFFETH, President.
Date of Charter: 11-28-1942

J. E. WEAVER,
Cashier. Began Business: 1-2-1943

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed. . . . . . Obligations of States and political
subdivisions. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . Loans and discounts (including over-
drafts)............ . . . . . . . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises..... . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . Customers' liabi1ity to this bank on
acceptances outstanding. Other Assets. . .

892,427.91 1,444,153.18
521,019.36 260,413.20
None 1,967,504.44
1. 00 1.00
None None None

Total Assets .................. $ 5,085,520.09

LIABILITIES Demand deposits ............. . . .$ Time deposits................ . Deposits of U. S. Government ..... . Deposits of States and political snJ-
divisions..... . . ......... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . Bills payable..... . . . . . . . . . ...... . Acceptances executed by or for ac-
count of this bank and outstanding ........ . Other liabilities. Capital.
Surplus ........ . Undivided profits.
Reserves ...... .

2,496,475.18 1,674,896.31
125,706.18
267,434.57 None
11,368.77 None
None None 100,000.00 100,000.00 100,000.00 209,639.08

Total Liabilities...............$ 5,085.520.09

STATEMENT

Showing condition at the close of business December 31, 1962, of

PLANTERS BANK Hawkinsville, Ga.

As called for by the Superintendent of Banks

W. N. PATE, President.
Date of Charter: 2-27-1896

OTIS R. MAYO, Cashier.
Began Business: 3-1896

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United St'ates Government obligations, direct and guaranteed...... Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . Loans and discounts (including overdrafts)................... . . . . . Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises
or other real estate........... Customers' liability to this bank on
acceptances outstanding.
Other Assets.

369,723.57 1,199,521.08
417,605.19 None None
1,007,683.02 6, 666. 00 None
60,000.00 None None

Total Assets ...

. $ 3,061,198.86

LIABILITIES

Demand deposits.

.S

Time deposits.................... .

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

Deposits of States and political sub-

divisions.......

. ........ .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances ('xecuted by or for ac-

count of this bank and outstand-

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

Other liabilities .. .

Capital. ... .

Surplus ........ .

Undivided profits ..

Reserves ....

1,704,:!41.99 716.992.62 13,386.51
231,192.03 None
12.979.96 None
None 20,000.00 100,000.00 100,000.00 25,000.00 137,405.75

Total Liabilities ...............$ 3 ,061,198. 86

1

76

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, 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 ...... $ United States Government obligations, direct and guaranteed...... Obligations of States and political
subdivisions. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding....... . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

383,626.59 535,500.00
None None None 1,189,974.02 85,300. 63 None
None None None

Total Assets .................. S 2,194,401.24

LIABILITIES

Demand deposits. . . . . . . . . . . . . . $

Time deposits................... .

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

Deposits of States and political sub-

divisions......

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

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .. .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................ .

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

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

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

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

942,640.30 858,674.32
None
170,111.33 None
28,639.64 None
None 4,251.28 100,000.00 50,000.00 40,084.46
None

Total Liabilities............... $ 2,194,401.24

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF HAZLEHURST Hazlehurst, Ga.

As called for by the Superintendent of Banks

CHARLES ROGERS, President.
Date of Charter: 10-19-1906

MARY WALKER, Cashier.
Began Business: 10-1906

ASSETS Cash, balances with other banks, in-
cJuding 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 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..................... .

1,231,153.84 884,296.00 19,000.00 None None 765,517.95 2.00 None
None None 54,081.60

Total Assets .................. $ 2,954,051.39

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

2,199,155. 91 145,215.56 None
223,970.50 9,147.66
30,688.56 None
None 27,545.19 100,000.00 100,000.00 103,328.01 15,000.00

Total Liabilities...............$ 2,954,051.39

1

--------------------F-O--R-T-Y----T-HIRD ANNUAL REPO-R--T--------------------77

STATEMENT Showing condition at the close of business December 31, 1962, of

JEFF DAVIS BANK Hazlehurst, Ga.

As called for by the Superintendent of Banks

J. 0. WOOTEN, President.
Date of Charter: 7-12-1962

H. C. McLEOD, Cashier.
Began Business: 12-1-1962

ASSETS

Cash, biilances with other banks, in-

cluding reserve balances, and cash

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

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

pren1ises...... . . . . . . . . . . . ..... .

Investments and other assets indi-

rectly representing bank premises

or other real estate. . Customers' liability to

.... this

.b~n.k.

.. on

acceptances outstanding.

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

Total Assets .............. . $

373,805.29 272,902.88
None None None 235,850.61 23,247.59 None
None None 52.57 905,859.94

LIABILITIES Demand deposits. . ......... . .$ Time deposits............... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ...... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .............. . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........ . Other liabilities. Capital. ........................ . Surplus ................... . Undivided profits.
Reserves ....

491,253.52 114,934.kl2
14,137.79
87,299.24 None
5,328.58 None
None 2,088.46 100,000.00 75,000.00 15,817.93
None

Total Liabilities...............S 905,859.94

STATEMENT Showing condition at the close of business December 31, 1962, of

BANK OF HIAWASSEE HiawaSBee. Ga.
As called for by the Superintendent of Banks

H. D. PARIS, President.
Date of Charter: 6-14-1909

ELOIS D. ANDERSON, Cashier.
Began Business: 7-21-1909

ASSETS Cash, balances with other bank8, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . ... Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures..... . . . . . . . . . . ........ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises
or other real estate .......... . Customers' liability to this bank on
acceptances outstanding.
Other Assets.

598,647.33 574,062.50 105,793.85 224,681.25
None 744,112.57
10,615.10 None
None None None

Total Assets ...

.$ 2,257,912.60

LIABILITIES Demand deposits....... : ......... $ Time deposits......... . . . . . . . . . . Deposits of C. 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-
~ount of this bank and outstand-
lllg . . .' . . . . . . . . . . . .
Other liabilities...... . Capital. ..... . Surplus ........... . Undivided profits .. . Reserves ....

1,013,948.49 833,263.88 12,882.76
163,260.13 None
15,234.77 None
None 14,198.29 50,000.00 50,000.00 105,124.28
None

Total Liabilities.............. $ 2,257,912.60

7_8__~~-~--.~~-D_EPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of

THE HINESVILLE BANK Hinesville, Ga.

As called for by the Superintendent of Ranks

T. H. McDOWELL, President.
Date of Charter: 9-4-1911

W. F. MARTIN, JR., Cashier.
Began Business: 11-15-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ Cnited States Government obliga-
tions, direct and guaranteed. . . . . . Obligations of States and political
subdivisions.................... Other bonds, notes, and debentures. Corporate stocks (including stock of
Federal Heserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures....................... . Rca] estate owned other than bank
prPmiscs..... . . . . . . . . . . . . . . . . . Investments and other as~ets indi-
rectly, representing hank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding...
Other Assets. . . .

547,475.37 598,101.57 229,090.51 348,718.75
None 1,155,310.91
15,630.91 None
None Non.e 5, 104. 29

Total Assets .................. $ 2,899,432.31

LIABILITIES
Demand deposits..................$ Time deposits............... Deposits of U. S. Government. . . . . . Deposits of States and political sub-
divisions .................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . . .......... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .............. . Other liabilities...... . Capital. Surplus ............ . Undivided profits. Heserves ....

1,469,085.33 452,414.20 176,271.77
524,157.87 None
6,068.59 None
None None 60,000.00 150,000.00 38,431.38 23,003.17

Total Liabilities...............$ 2,899,432.31

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CITIZENS 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

AStlETS

ca~h. balances with other banks, in-

cluding reserve balances, and cash

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

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 representing bank premises

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

Customers' liability to this bank on

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

Other Assets. . . . .

. ........ .

314,660.79 400,546.88
13,428.07 None None
628,721.72 26,651.81 None
None None 1,121.82

Total Assets .................. $ 1,385,131.09

LIABILITIES

Demand deposits.

. ......... S

Time deposits.................... .

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

Deposits of States and political sub-

divisions ...................... .

Deposits 'of banks . . . . . . . . . . . . . . . . .

Other deposits (certified and officers'

checks, etc.) . .

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

H.eserves. , . . .

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

809,236.67 93.777.21 24,321.12
242.783.28 None
3,807.89 None
None 33,080.08 120,000.00 42,000.00 16,124.84
None

Total Liabilities..............$ 1,385,131.09

1

FORTY-THIRD ANNUAL REPORT

79

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

STATEMENT Showing condition at the close of business December 31, 1962, of

EMPIRE BANKING COMPANY

Homerville, Ga.

As called for by the Superintendent of Banks

J. L. SUMMERLIN, President.

CHAS. T. LODER, Cashier.

Date of Charter: 3-1-1945

Began Business: 6-1-194c

ASSETS Cash, balances with other banks, in-
duding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed...... Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts).................. . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets.. . . . . . . . . . . . . . . . . . . . .

1,100,226.87 605,890.62 13,786.50 None None 794,058.54 13, 171.45 None
None None 740.00

Total Assets .................. $ 2, 527,873. 98

LIABILITIES

Demand deposits.

.$

Time deposits.... . . . . ........ .

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

DJiZi!1~n~f. ~~~~~s. ~~~- -~~l~t.i~~l. ~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .. Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding .......... . Other liabilities .. . Capital. ......... . Surplus ........ . Undivided profits. Reserves .....

1,089,535.81 1,023,647.04
35,206.41
195,267.75 None
10,593.53 None
None None 50,000.00 50,000.00 38,623.44 35,000.00

Total Liabilities...............$ 2, 527,873. 98

STATEMENT

Showing condition at the close of business December 31, 1962, of

WILKINSON COUNTY BANK Irwinton, Georgia

As called for by the Superintendent of Banks

H. E. STEPHENS, President.
Date of Charter: 7-16-1907

ROBT. C. McGINTY, Cashier.
Began Business: 7-16-1907

ASSETS
Cash, balances with other banks, including reserve balances, and cash items in process of collection ...... S
United States Government obligations, direct and guaranteed ..... .
Obligat.iop.~ of States and political subdlVlSlOnS . . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

703,999.11 244,937.50 41,256.98 208,893.75
None 560,398.07
19,743.50 None
None None None

Total Assets .................. $ 1,779,228.91

LIABILITIES Demand deposits..................$ Tirne deposits.................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ...... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding .............. . Other liabilities...... . Capital............... . ........ .
~~Jl~i~.ied'P~~fits.. .::: . .:::::::::
Reserves ....

886,517.80 498,897.08
6,463.32
228,402.89 None
4,845.28 None
None 11,538.08 50,000.00 50,000.00 42,564.46
None

Total Liabilities.............. $ 1 ,779,228. 91

80

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of bu~<iness December 31, 1962, of
JASPER BANKING COMPANY Jasper, Ga.

As called for by the Superintendent of Banks

MARK H. MOORE,

JAY L. HARRISON,

President. Date of Charter: 1-17-1945

Cashier. Began Business: 3-12-1945

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~~ of States and political subdtvtstons. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) . . . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

778,823.03 1,189,080.14
None 349,187.50
None 1,162,020.86
29 ,845 . 96 None
None None 1 , 193 . 58

Total Assets .................. $ 3,510,151.07

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

1,477,884.89 1,343,020.02
105,010.77
276,670.38 9,110.00
None None
None 8,370.42 100,000.00 50,000.00 115,084.59 25,000.00

Total Liabilities...............S 3,510, 151.07

STATEMENT

Showing condition at the close of business December 31, 1962, of
WAYNE STATE BANK Jesup, Ga.

As called for by the Superintendent of Banks

W. GLENN THOMAS, President.
Date of Charter: 8-5-1953

R. W. WOODRUFF, Cashier.
Began Business: 1-2-1954

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . . . S United States Government obligations, direct and guaranteed . . . ... Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

399,348.93 354,873.24
3,046.62 294,750.00
None 968,148.42
10,157.15 None
9,601.00 None
5,817.22

Total Asets. . . . . . . . . . . . . . . . . . $ 2, 045. 742. 58

LIABILITIES Demand deposits..................$ Time depos1ts .................... . Deposits of U. S. Government ..... . Del?o~i~s of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

972,411.05 676,990.03
19,452.64
171,287.40 None
20,513.72 None
None 6,406.34 100,000.00 50,000.00 28,681.40
None

Total Liabilities...............$ 2,045,742.58

FORTY-THIRD ANNUAL REPORT

81

STATEMENT

Showing condition at the close of business December 31, 1962, 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 Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts).. . . . . ................. . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . ........ . Real estate owned other than bank
premises....................... .
Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liabi1ity to this bank on acceptances outstanding. Other Assets. . ......... .

616,188.95 2,455,611.63
213,148.75 50,164.40 None
1,637,716.56 55,336.57 None
None None 2,300.84

Total Assets .................. $ 5,030,467.70

LIABILITIES

Demand deposits.

. ....$

Time deposits................... .

Deposits of U. 8. 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 outstand-

ing .

Other liabilities ....

Capital. ... .

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

Undivided profits.

Reserves ....

1 521, 969. 32 889,772.50 252,234.01
1,949,625.80 None
96,180.64 None
None 39,992.94 100,000.00 150,000.00 30,692.49
None

Total Liabilities ...............$ 5,030,467.70

STATEMENT

Showing condition at the close of business December 31, 1962, of

STATE BANK OF KINGSLAND Kingsland, Ga.

As called for by the Superintendent of Banks

EDMUND GROSS, President.
Date of Charter: 11-26-1912

C. C. SMITH, Cashier.
Began Business: 12-1912

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... . $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions .................. . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . . . ... Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises
or other real estate .......... . Customers' liability to this bank on
acceptances outstanding .. . Other Assets. . ............... .

468,275.13 843,806.00
None None None 1,057,030.35 32,893.02 None
None None None

Total Assets .. .

$ 2,402,004.50

LIABILITIES

Demand deposits..

. .... $

Time deposits.................... .

Deposits of U. 8. 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 oUtstand-

ing ..

Other liabilities ...

Capital. .. .

Surplus ........ .

Undivided profits.

Reserves ...

724,624.05 1,113,:N7.41
None
321,217.32 None
3,808.89 None
None None 50,000.00 100,000.00 50,000.00 39,006.83

Total Liabilities............... $ 2.402,004.50

82 ----------------D--E-P-ARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE BANK OF LAFAYETTE, GEORGIA LaFayette, Ga.

As called for by the Superintendent of Banks

BOB D. GILBERT, President.
Date of Charter: 11-13-1889

W. L. BAKER, Cashier.
Began Business: 1899

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed. . . . . . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) . . . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures...... . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

1,382,829. 90 1, 903,759.38
613,596.49 None None
2,179,724.38 107,824.98 1. 00
None None 422. 46

Total Assets .................. $ 6,188,158. 59

LIABILITIES

Demand deposits ... .

.$

Time deposits................. .

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

DJiZi!l~n~f. ~~~~~s. ~~-d. -~o.l~t.i~~l. ~~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .. . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........ . Other liabilities ........... . Capital. Surplus ......... . Undivided profits. Reserves ............... .

2,567 ,458. 28 1,836,658.54
199,279.10
912,226.54 None
43,325.68 None
None 48,877.17 150,000.00 300,000.00 130,333.28
None

Total Liabilities............... $ 6,188,158. 59

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE CITIZENS AND SOUTHERN BANK OF LAGRANGE LaGrange, Ga.
As called for by the Superintendent of Banks

R. WOODROW SMITH, President.
Date of Charter: 7-23-1937

V. HAWLEY SMITH, Cashier.
Began Business: 8-2-1937

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

iterns in process of collection. . . . . . S 1,786,166.81

United States Government obliga-

tions, direct and guaranteed ..... . 4,595,004.31

Obligations of States and political

subdivisions ................... . 2,002,186.28

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

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

6,000.00

Loans and discounts (including over-

drafts) .......... , ............. . 8,084,535.98

Bank premiseir owned, furniture and

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

106,150.13

Real estate owned other than bank

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

None

Investments and other assets indi-

' r.ectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other Assets ..................... . - -5-9,8-06.-90

Total Assets .................. $ 16,639,850.41

LIABILITIES Demand deposits ..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D~Zi!l~n~f. ~~~~~s. ~~.~ .~~l~t.i~~~..s~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing, .......................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ................... 1

7 ,020,110. 98 5,645,067.09
446,583.41
1,136,744.62 25,000.00
10,114.88 None
None 1,086,916.91
500,000.00 500,000.00
15,863.68 253,448.84

Total Liabilities.............. $ 16,639,850.41

l

~~~-~~-'FORTY-THIRD ANNUAL REPO=--R=-cT~-~~~-~--~83

STATEMENT

Showing condition at the close of business December 31, 1962, of

LAGRANGE BANKING COMPANY LaGrange, Ga.
As called for by the Superintendent of Banks

A. E. MALLORY, JR. President.
Date of Charter: 7-8-1941

PAUL L. GRAY, Cashier.
Began Business: 9-15-1941

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . . S C nited States Government obligations, direct and guaranteed. . . . . . Obligations of States and political subdivisions . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stoeks (including stock of Federal Reserve Bank). . . . . . . . . . Loans and discounts (including over-
drafts).... . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. Other Assets.

887,244.45 864,758.12 407,686.23
54,925.00 None
2,493,970.23 81,597.88 None
None None None

Total Assets .....

. .... $ 4,790,181.91

LIABILITIES

Demand depositt:;:.

. .$

Time deposits. . . . . . . . . . . .. .

Deposits of C. 8. Government ..... .

Deposits of States and political sub-

divisions ...... .

Deposits of hanks. . . . . . . . ....... .

Other deposits (certified and officers'

cheC'ks, etc.). . . ........ .

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

Capital.

Surplus ......... .

l'ndivided profits.

Reserves ...

2,393,536.86 1,019,687. 70
14,175.55
491,606.03 118,099.42
56.31 None
None 183,969.89 100,000.00 200,000.00 182,410.85
86,639.30

Total Liabilities............... $ 4,790,181.91

STATEMENT

Showing condition at the close of business December 31, 1962, 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-
c1uding 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 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.

428,574.55 796,459.40
None 312,255.00
None 407,348.25
6,710.01 None
None None None

Total Assets ...

. .$ 1,951,347.21

LIABILITIES Demand deposits. . ..............$ Time deposits..................... Deposits of C. S. Government...... Deposits of States and political sub-
divisions. . . . . . . . . . . . . . . . . . . . Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers
checks, etc.) . . . . . . . . . . . . . Bills payable. . . . . . . . . . . . . . . . . . . . . . Acceptances executed by or for ac-
count of this bank and outstanding ......... . Other liabilities. Capital. .. Surplus .......... . lrndivided profits ..
Reserves ....

1,028,772.,2!) 584,452.57 5,252.03
146,942.32 4, 212.63
8, 259. 98 None
None 15,233.12 25,000.00 50,000.00 33,222.28 50,000.00

Total Liabilities ............ :. ,S 1,951.347.21

l

84

DEPARTMENT OF BANKING

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

STATEMENT

Showing condition at the close of business December 31, 1962, of

NORTHEAST GEORGIA BANK Lavonia, Ga.

As called for by the Superintendent of Banks

W. N. HARRISON, President.

W. N. HARRISON Cashier.

Date of Charter: 9-20-1940

Began Business: 9-23-1940

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. . . . . . . . . . . . . . . . . . . . . . . .
Invest;rpents and other assets indirectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding... . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

724,540.27 1, 939,939.72
None None None 685,271.41 21 , 162. 64 None
None None None

Total Assets .................. $ 3,370,914.04

LIABILITIES

Demand deposits........

.S

Time deposits.....................

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

Deposits of States and political sub-

divisions ........ .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

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

1,841,788.72 900,138.61 247,757.20
169,535.77 None
None None
None 9.16 100,000.00 100,000.00 8,323.95 3,360.63

Total Liabilities..... . .......$ 3,370,914.04

STATEME~T

Showing condition at the close of business December 31, 1962, of

THE BRAND BANKING COMPANY Lawrenceville, Ga.

As called for by the Superintendent of Banks

MRS. LOUISE B. MORGAN, President.
Date of Charter: 6-2-1905

HARRISON W. BRASELTON, Cashier.
Began Business: 7-17-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
iterns in process of collection. . . . . . $ 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 representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

1 ,082 ,982. 79 1,365,154.87
769,955.53 99,625.00 6, 000.00
2,131,413.05 20,594.91 None
None None None

Total Assets .................. $ 5,475,726.15

LIABILITIES Demand deposits.................. $ Time deposits..................... Deposits of U.S. Government......
D'di~i~!~n~f ~~~te". an.d .p~liti~~l..s~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ............................ . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,689,858.51 2,463,347.60
28,866.32
751 '767 .01 None
3,694.44 None
None 11,112.18 100,000.00 100,000.00 327,080.09
None

Total Liabilities............... $ 5,475,726.15

_ _ _ _ _ _ _ _ _FORTY-THIRD ANNUAL REPO_R_T_ _ _ _ _ _ _---=8=5

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE STATE BANK OF LEESBURG Leesburg, Ga.

As called for by the Superintendent of Banks

T. R. CANNON,

T. R. CANNON,

President.

Cashier.

Date of Charter: 4-9-1947

Began Business: 12-1-1947

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and casl1 items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises...................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. Other Assets....... .
Total Assets .................. $

131,313.41 319,793.81
None 25,093.75
None 451,732.22
10,484.88 None
None None None 938,418.07

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

395,778.09 172,682.84
6,000.00
219,734.88 None
None None
None 4,170.03 25,000.00 50,000.00 65,052.23
None

Total Liabilities............... $ 938,418.07

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF LENOX Lenox, Ga.

As called for by the Superintendent of Banks

R. H. ROBINSON,

R. H. ROBINSON, JR.,

President.

Cashier.

Date of Charter: 6-20-1907

Began Business: 6-25-1907

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obliga-' tiona, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes. and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .... , ..... . Loans and discounts (including overdrafts) ........................ Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

452,952.18 736,756.94 206,761.92
None None 612,480.80 66,580.70 None
None None None

Total Assets ................. $ 2,075,532.54

LIABILITIES Demand deposits. . . . . . . . . . . . . . . . . $ Time deposits.................... . Deposits of U. S. Government ..... .
DJi~i!!~n~f. ~~~~~s. ~~~ -~~l~t.i~~~ _s~~
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 ........................ .

736,159.26 677,220.48
68,502.35
139,830.89 92,152.50
3,200.53 None
None 1,518.89 100,000.00 100,000.00 22,414.54 134,533.10

Total Liabilities .............. ,$ 2 ,075 ,532. 54

86

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

FARMERS & MERCHANTS BANK Lealie. Ga.

As called for by the Superintendent of Banks

W. T. ANDERSON, JR., President.
Date of Charter: 12-19-1940

ROBT. P. HINES, Cashier.
Began Business: 1-2-1941

ASSETS Cash, balances with other banks, in-
cJuding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io!"~ of States and political
subdiVlSIODS .... , , , . , , , , . , .... , .
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..................... .

114,661.57 374,895.31
4,000.00 175,000.00
None 282,439.72
14,195.06 None
None None None

Total Assets .................. -,--96-5-,-1-91-.-6-6

LIABILITIES

Demand deposits. . . . . . . . . . . . . . $

Time deposits................... .

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

Deposits of States and political sub-

divisions ...................... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) . . . .

. ......... .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities........ .

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

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

Undivided profits .. .

Reserves ......... .

507,112.93 343,700.70
5,794.48
20,263.64 None
202.15 None
None 2,000.00 25,000.00 50,000.00 11,117.76
None

Total Liabilities...............$ 965,191.66

STATEMENT

Showing condition at the close of business December 31, 1962, of

CITIZENS BANKING COMPANY Lexincton, Ga.

As called for by the Superintendent of Banks

W. E. EVANS, President.
Date of Charter: 2-7-1949

W. E. EVANS, Cashier.
Began Business: 3-10-1949

ASSETS Cash, balances with other banks, in-
cJuding reserve balances, and cash iterns in process of collection ...... S United States Government obliga tiona, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures .. :~ ..................... . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

225,652.25 293,873.02
72,583.55 134,937.50
None 436,948.28
14,789.00 None
None None 880.50

Total Assets .................. $ 1,179,664.10

LIABILITIES Demand deposits.................. $ Time depos1ts .................... . Deposits of U. S. Government ..... .
Ddi~i!l~n~f ~~~t~s. an.d .politica~ .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 ........................ .

429,022.29 446,715.41
7,228.54
205,107.07 None
5,870.26 None
None None 50,000.00 20,000.00 15,720.53 None

Total Liabilities.............. $ 1,179,664.10

FORTY-THIRD ANNUAL REPORT

R7

STATEMENT Showing condition at the close of business December 31, 1962, of

FARMERS STATE BANK Lincolnton, Ga.

As called for by the Superintendent of Banks

W. B. ALBEA,

GEO. C. LEVERETT, JR.,

President.
Date of Charter: 9-26-1911
\

Cashier. Began Business: 12-2-1911

.\:-;:-;ET:-;

':t~lt, ]J:tl:ttwr:-. ,,ith other hank~. in-

rlttdin!! n:--tn t' hal:tJWl';-., and C'a:-~h

ttrttl:- in prol't:--:-- of ('olll'l'tion

$

nitrd :-'t:ttt:-- (;o\'!'I"IIIIll'llt oiJ\ig::t-

tion-... dll'l'l't :111d g-u:tr:tntPPd

( Hdi!!:t1 i1111" 11! ...:.1 :1 tr..., :tnd politi1:d

:-tlfH\i\ 1:-lilil"
( ilfwl IHlll!l ..... nut,.,..,, :tnd rklwnttlr!':-

(

:d1 "lock-- Ill< htdilli! .... fll!'k 1d

:tl J:,--~nt lhnk 1

J.();\[l" :tl\d dt-..t'OUii\" iTH'htdill!! 11\'1'1-

dr:tft:--1

Hank prtttil"l'" 11\\ rwd. l.ltt'Jtlttil"l' :l!lli

Ji'\.1\il'l'"
Ht:d , ..,f:ttr II\\ rwd ]11"1'1111.-..1'~

1!\ lw1

t l1:ttl

IJ:ttlL

Jn\~~trrH'lll~ :lttol td!il'l r~~c!~ 111<11

11'1'\ 1.\ ri'Jlll'~~ !If It I!.! \1;1 !!I, Jlll 1111-1-

or 10! ~~~ r I

I -. I: I! I'

! ' 1\11- l1:111 k

ll\11-t:t!IIIIII!...'

(It

580,692.51 1,068,720.12
212,693.21 55,000.00 None
809,;')09 49 2 00
:"(Oil('
:"\Oil(' ~()ll(' :\ill\('

:S :!,7:!0.tit7 :n

LIABILITIES

Df'!Hand (hposits.

.$

Timf' dPposits. . . . . .

. ..

DPposits of l' ::-;_ Government .....

DPposib of Htat('s and political sub-

divisions ....

Deposits of banks. . . . . . . . . . . . .

Other dPposits (cprtifiPd and offieers'

dt('<'ks, ptf.).

Bills payahlP.

.-\ttPpta!H'<'s <'XP<'UtPd by or for aC'-

('<JUnt of this bank and outstand-

ing .....

Oth(r liabilitiPs.

Capital.

~urplus . . . .

l'ndi\idPd profits.

Ik:--:.<n<:-..

1,026,628.96 1,174,192.57
17,889.98
237,086.24 None
790.00 None
None 2,842. 7.5 50,000.00 50,000.00 118,456.72 48,730.11

.$ 2,726,617.33

ST\TE:\IEYI'

Showing condition at th!' clos!' of husin!'ss llt>ct>mht>r :H. 1962, of

THE PEOPLES BANK Lithonia, Ga

.\s caiiPd for hy th!' SupPrintPndPnt of Banks

G. OGDEN PERSONS, II, President.
Date of Charter: 8-26-1910

W. L. \\"ILLIAMSON, Cashier.
Began Business: 1910

':1~11, \i;li:IJH'I'-. \\

(hplt n!.! r~..,r n ,.

11 1'111-. \H !IJ'Ill'i'"~

\If!\

$

1\ltl'll ~1:1t1'" (;II\ 1'1'[\]lii'JJ! t.ldt!.!:;t-

f i1111~. dinl'! :rnd !.!lt:tl :tnt 1'1'< I

( lh\ig:tt ion:-- of ""'':ttl~ :lllll poltt H:tl

:--tlhdi\i:-.illll~

<>tlli'r bond ..... !IIIII'". :tnd tklll'lllllll'>
Crll'poratt .--\lf<"k:-- (1!\l'l\llltnJ! -.\lll'k 1l Ft1kr:tl Ht.--rn t' lbnk)
I ,IJ:tn .., :ultl llJ.--r'llllttt~ 1 inl'ltlllin!.! 1\ 1'1-

tlr:tft.--)
Hank JH"ttni~t-. IJ\\ nrr!. lurnitur1 :tttl fix tun....

Htal t:-.t:ltt' 11\\1\t'd 11tlwr tlt:Ht h,tnk

jli'I'Illi:--:.t'."
In\t:-.ttrH'Ill:-- atul otlwr :r.---.t'l.-- tndtrtl't l~ rc1 Jl'l'"tnllllJ! I1:1 nk 1II'I'IIrt~r~

or otlwr rt:d 1':--tatf' Cti.-.,tOilll'l':-'' h:lhility til thi~ lJ:tllk Ill\
:lt't'I'JltaiH't':-' out.---tallllinJ!

()t\l((' .\ ..::-:f't:--

:n2, u1.1 :!O
::\ont 1u1 ,st;s. 7.;
:"\mH' 78~ '7'>:l 60
l.i.n!l\l til :\'one
::\onp

$ 2. I 96, 368. Gu

!.I I 1\II.ITII..'

I J1

8 1, :Joo. :n ~ :l!l

:l.i7 .8~:l. -.:l

..... (;(1\('l'!lllll'ill

HH .170 o:;

.'!.It 1~ :tnd pol it 11 :tl ~td1-

t82,7.i:l :33

7 ,!112 31

1'11'
1~\ll.-- 1l:t_\:tl d1
\rtipt:tlll'l'" 1'\.l'l'ttll'd
1'111!111 11l tl1i-. ll:ttll~
Ill)!
()t[wr li:tlliltttt:-C':tpit :d
~lll']lltl.' l'rldiYII[II[ Jll'l,j](-.
Hl''-1'1'\'<"-.

ll\ or !1!1' :tt:t!lll lillt~tand-

~Oil(' ~one
::\one
~ODP
100.000.00 '>0.000.00
7,:J7,;.m 20,000.00

$ 2,196,368.66

88

DEPARTMENT OF BANKING

STATEMENT

Showing- condition at the close of business December 31, 1962, of

THE FARMERS BANK Locust Grove, Ga.

As called for by the Superintendent of Banks

M.M.BROWN,

JULIAN A. BROWN,

President.

Cashier.

Date of Charter: 1-3-1910

Began Business: 1-1910

.\,.;,.;~<:'!',.;

Cash, halarut:-; with othN hank~. in-

<'luding rPsrrvP halarH'PS, and t'a:--lt

itPm~ in pn>cps:-; of ('ollf'('tion . . $

l"nitC'd StatPs Go\'Pfil!U('Ilt ohli)..!:a-

tiont-i, dirPd and guarantP<d ....

Obligations of ~tatf's and politital

suhtlivisitms

<>tlwr honds, notes, and dtlwntun:-.

Corporatt stotks (indwling: :-.hwk of

FPdPral HPs(rn Bank)

Loam; and distountti \irwluding mtr-

draftH) . .

.. ..

Bank prf'mis<>s owrwd, furnitun and

fixturPl"l.

. . . . ..

Heal PstatP owned otlwr than hank

pf('llliSPS. . . . . . .

.

InvPstnHntti and otlwr asset:-. indi-

fPf'tly rPpr(':-;Pnting bank premi.sts

or otlwr rPal t~tatP. . Custonwr:s' liability to

.... this

l;t~r~k.

... on

a('ceptances oubtanding.

Other Assets.

Total AHet ...

... $

172,484.92 133,000.00
:\"one 44,837 .iiO
None 275,685.91
8,478. 76 None
None None None 634,487.09

Ll.\Bl LITlE,.;

D(rnand d(po:sit:s.

.$

Tint(' dPpm;it:::...... .

.

D('po:sits of t. H. GovPrnnrPnt ..... .

Ikpo~its of Statf's and politi<"al sub-

divi:sion:s ..... .

J)pposit:s of bank:--. . . . . . . . . .

( >thPr dPposib (eprtifiPd and offi('Pr:'>'

f'lll'<"k:s, et{'.).

Bills payabh. .\r"('tphLTH'P:S PXP<'uf<<l

1;);

(l;. lor..a.<-

C'OUilt of this bank aml outstand-
ing .......... . <Hlll'r liabilities .. Capital.
Hurplu:s .. l'ndiYidf'd profitH.

HP:SCT\'f'S.

429,134.05 86,!>52.72 1,825.16
27,475.01 None
4,543.47 None
None 8,807.45 30,000.00 20,000.00 26,149.23
None

Total Liabilities...............$ 634,487.09

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF LOGANVILLE Loganville, Ga.

As called for by the Superintendent of Banks

C. A. KELLEY, JR.,

J. FRANK LEE,

President. Date of Charter: 5-6-1946

Cashier. Began Business: 10-5-1946

A~~ET~

Cash, balances with other banks, in-

cJuding reserve balances, and cash

items in process of collection ......S 180,851.11

United States Government obliga-

tions, direct and guaranteed ..... .

139,318.12

Obligat.iop~ of States and political

subdlVlSlOnS ................... .

None

Other bonds, notes, and debentures ..

178,768.75

Corporate stocks (including stock of

Federal Reserve Bank) ...... .

None

Loans and discounts (including over-

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

449,018.86

Bank premises owned, furniture and

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

12,123.37

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other Assets. . . . . . . . . . . . . . . . . . . . . .- - -1-,97-8.-73

Total Assets ..................$ 962,058.94

LIABILITIE~

Demand deput-!its ................. S

Time deposits.................... .

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

Deposits of ~tates and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers"

checks, etc.) ...

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities... . ............ .

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

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

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

Reserves....

. ......... .

427,669.08 360,746.70
37.783.14
36,187.36 10,000.00
3,470. 75 None
None 1,500.00 25,000.00 35,000.00 17,386.06 7,315.85

Total Liabilities..............S 962,058.94

l

~-----F_O_R_T_Y-THIRD ANNUAL REPO.-=-cR=Tc=___ _ _ _ _ _ _~8_..9

STATEMENT

Showing condition at the close of business December 31, 1962, 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, balanef's with other banks, in-

eluding rpserve balances, and rash

items in process of eollection.. . . S

tnited States Gove>rnmf'nt obliga-

tiom;, direct and guarantf'ed ..... .

Obligations of States and political

subdivisions. . . . . . . .

.. ..

( )thtr bonds, notPti, and dPbentures ..

C'orporat(' sto('ks (including stock of

F('(ltral H<sprvp Bank). . . . .

Loans and discounts (in<'luding overdrafto) ~ . ~ ~ . . . . . ~ . . . .

Bank premist'S owncd, furniturf' and

fixtUf('S

. ... ... .. ..

H<'al cstatf' ownf'd othf'r than bank

prf'misf's.

.. .. ..

. ..

InwstnHnt:-; and other assets indirf'ctly repn~wnting bank prPmis<s
C't:~t<~>~~!:.~:.nli~~t;iJ~;~;\o ti1i~ b~~~k ~n

af'C"eptancPs outstanding.

Other AssehL

Total Assets ..

....... $

110,813.37. 293,842.28
None None None 272,440.81 1 ,789. 73 None
None None 356.44 679,242.63

LIABILITIES

Demand deposits.

. .... S

Time deposits. . . . . . . . . . .... .

Deposits of C. S. Government ..... .

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . .....

Other deposits (certified and officers'

f'hef'ks, Pte.) ................. .

Bills payable. ~ ...... ~ .......... .

AccPptanC'es executed by or for ac-

count of this bank and outstand-

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

Other liabilities.

Capital. ~ .................... .

Hurplus ........ .

Cndivided profits.

Heserves.

375,414.90 104,176.36
5,960.38
91,318.91 None
2,249.44 None
None 6,053.37 25,000.00 50,000.00 19,069.27
None

Total Liabilities.

.$ 679,242.63

STATEMENT

Showing condition at the close of business December 31, 1962, of

FARMERS STATE BANK Lumpkin, Ga.

As called for by the Superintendent of Banks

WM. P. CARTER, President.
Date of Charter: 10-21-1911

BESSIE D. FORT, Cashier.
Began Business: 12-1911

.\HHET,_,

Cash, halancr:-; with othrr hanh:-, in-

rluding rPs<'l'\'<' l>alarHrs, and ca:-h itPms in pror<~s of collection . . $ l'nite<l ~tat(';-; Cmprnnt<>nt ohlig~J

tions, dint"t and guarantrrd ( >hligations of :--:.tatP~ a.nd politiral

suhdiYi~ion.-.

Ottwr hond~. notr~. and drll<'nturr:-. Corporatr :-.t<wl,~ (inrltHling :-.tock of

F<tkral lk:-rnr Bank) Loan~ and di .. <<nlllt:-. ;including 0\'<'1'-

draft:-.)

Ibn\- prrt11i:-<':-- <J\\!lt'<l. !ttrniturr :tJl(\

flxt tii'!':--

Hr:d r:-t:ttt <fWill'<l 11!!11'1' than hank

Jll'l'llli:-r:--

lu\t:-lrtwnl:- :tnd 11thtr :1:--.rt.-. indinttl_\ r<prr:--<nt 111~ l1ank pnrlli:--r:--

<11' fl!lll'r nal r:--tatr ( 'tJ:-.tortwr:--' liahilit\' to

thi~

l;:u;k

<JI!

:t<'<"<'!>tanl<~ <lllt~tanding.

( )t Itt'!' .\:-.~l't~

381 '925. 9.5 731,529.06
76,467.55 None None
419,863.62 12,070.47 None
None None None

LIABILITIES

J?_rntand <kpo~it::;.. . . . . . . . . . . .

.$

lune d('J.H>slt~... . . . . . ..... .

D<'posits of l'. H. GovNniiH'nt ..... .

Drpo~its of ;:.;tatPs and politiC'al sub

diYi~ions. . . . . . . . . . . . . . . . . .

J)pposits of banks . . . . . . . . . . . . . .

Otlwr Jppo::;its (certified and officers'

ehecks, etc.).

by Hilb payable~
AceeptanTS exlcuted

~r. f~r 'a,'c~

f'ount of this bank and outstanding ...... . <hher liabilities. Capital. Surplus ...... . l-ndividP<l profits.

H<'SCf\'('S ..

887,122.24 385,078.30
21 '912. 60
155' 181.46 None
19,075.73 None
None 32,219.50 50,000.00 50,000.00 21,266.82
None

$ 1,621,8.56.65

Total I ..iabilities.

. ..... $ 1,621,856.65

-------------

90

DEPARTMENT OF BANKING

---

STATEMENT
Showing condition at the close of business December 31, 1962, of LUTHERSVILLE BANKING COMPANY Luthersville, Ga.

As called for by the Superintendent of Banks

JIMMY D. NeSMITH,

RAYMOND C. BRADDY,

President. Date of Charter: 10-11-1905

Cashier. Began Business: 8-3-1906

AH,.;ET;.;

Ca;.;h, halancPs with othPr banks, in-

cluding rf'~f'fV<' halancf's, and ca~h

itf'Ill~ in pnwP:ss of collPction ...... S

lnitPd StatPs Go\'PrnmPnt obliga-

tiom;, dire<t and guaranteed .....

( )bligations of ~tates and political

subdivisions. . . . . . . ...

( )t her hmHls, notes, awl <IPlwntuns ..

Corporate st(wks (induding stoek of

Fe<kral HPsPrvt Bank). . . . . . . .

Loans aml discotmts (inC'luding over-

drafb) ...................... .

Bank premisf's owrwd, furniture and

fixturPs .................... .

Heal estate owned othPr than bank

prf'mi~ws.. . . . . . . . . . . . . .

lnvtstnlf'nts and otll('r as~wb indi-

rPrtly rPprrsPnting bank prf'mi:-5l'~

or otlwr Customf'n;

'

rf'al f':-5tatf' .. liability to

... . this

"b~~k.

~~

acecptances outstanding.

Other Assets.

184,251.29 307,641.00
23,237.92 50,000.00
None 423,894.27
None 13,186.12
None None 340.90

Total As"rts .................. $ 1,002 ,551. 50

LL\.BILITIE,.;

J~_l'llland d<'posit.s.

. ... $

June dPpOSltS ..... , . . . ..

])pposits of l . ~- Govf'rnmPnt. .....

Df'posits of ~tatf's and political sub-

divisions....... . ......... .

J)pposih; of banks ................ .

OthPr dPposits (cPrtified and officers'

l'lll'('ks, l't('.).

Bilb payublP.................. .

A('l'Pptan('('S ex((utcd by or for ac-

eount of this bank and outstand-

ing ......... .

Otlwr liabilities.

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

Surplus ....... .

l!ndividcd profits........... .

Heserves.

433,447.83 333,496.30
855.00
120,791.48 35,000.00
802.35 None
None 1,656.88 25,000.00 30,000.00 10,000.00 11,501.66

Total Liabilities............... $ 1,002,551.50

STATEMENT Showing condition at the close of business December 31, 1962, of

THE PEOPLES BANK OF LYONS, GEORGIA Lyons, Ga.
As called for by the Superintendent of Banks

W. HOLLOWAY, President.
Date of Charter: 5-4-1935

J. A. JOHNSON, Cashier.
Began Business: 6-1-1935

A,.;,.;ET:-i

Cash, balancf's with otlwr banks, in-

eluding rpserve balancf's, and cash

items in process of collPction ...... $

Pnited StatPs Government obliga-

tions, direct and guarantef'd. . . . . .

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . .

Other bonds, notes, and debentures..

Corporate stocks (including stock of

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

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Real estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premises

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

Customers' liability to this bank on

acceptances outstanding....

Other Assets.

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

854,875.93 291,834.76
91,079.75
9.~0,000.00
None 1,110, 206.97
5,409.36 None
None None None

Total Assets ...

..... $ 3,303,406.77

LIABILITIES

J-?emand dep<"its.

.S

ltmc dcpos1ts.....................

Deposits of C. H. Government. . . . . .

Deposits of ~tates and political sub-

divisions ...... .

Deposits of, banks ................ .

Other deposits (<'ertificd and officers'

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

Bills payable. . . . . .

.

Acceptances PxccutPd by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

Capital. ....... .

Surplus ........ .

lindivided profits.

Hcscrves ...... .

1, 758,011.81 603,827.21 36,902.37
500,890.63 68,240.94
16,243.45 None
None None 100,000.00 100,000.00 100,325.69 18,964.67

Total Liabilities.............. $ 3,303,406.77

FORTY-THIRD ANNUAL REPORT

91

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE MERCHANTS AND CITIZENS BANK MeRae, 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: 3-28-1929

ASSETS Cash, balancPs with other banks, in-
cluding reserve balances, and cash items in process of collection.. . . . S C nited Htates Government obligations, direct and guarante<>d. . . . . . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (inf'ludinM stock of Federal Reserve Bank)... . . Loans and discounts (including overdrafts)... . . . . . . . . . . . . . . . Bank premises ownPd, furniture and fixtures. . . . . . . . . . . . . . . . . . Real estate owned other than bank premises................. . . . . . . Investments and other a:s~wts indirectly reprPsenting bank premises or other real estatP. . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. Other Assets.

732,472.13 1,130 ,881. 96
482,427.76 100,000.00
None 842,832.30
2. 00 None
None None 3, 242. 10

Total Assets .....

$ 3,291,858.25

!.1.\Bll.lTll>

DPmand dPposit:-;

$

Time dPposit~

DPposits of l. ~- GovPrnnwnt

DPpo~its of ~tatPs and politi<al :-uJ,_

divisions.

D<posits of hank.-.

Otlwr dtposits (<trtifil'd and otfi{Tr ....

<iw<ks, <'t(".).

Bills payahl<

A<'<'('ptan('<s <'X<'<'Ut<'d hv or for :u-

count of this hank a;Hl (JI!tstand-

ing ....

OthPr liabiliti<~

Capital.

:-.iurplus ....

lndivid<d profit:-;.

HPsPrVP~.

2.267,844.73
1o!J.686 r;o
72, Y80. 85
427 ,l!;'i.28 10,000.24
1,606.!;3
~one
None 4!,766.03 100.000.00 100.000 00 :J;, .000.00 72,818.09

Total LiabilitiPs.

$ 3,291,858.23

STATEMENT Showing condition at the close of business Decembet 31, 1962, 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. . . . . 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 es.tate 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.

1,824,018.49 2,596,706.48
330,674.89 300,000.00
None 4,066,994. 28
46,668.35 None
100,000.00 None
26,119.13

Total Assets ...

. $ 9,291,181.62

LI.\ Ill I.ITIE:-i

Demand depo,its.

.$

Time deposits. . . . . . . . . . . . . .

Deposits of l". H. Government......

Deposits of States and political Hub-

divisions ..... .

DPposits of banks. . . . . . . . ....... .

Other deposits (eprtificd and officers'

checks, etc.).

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

Acceptances PXPcuted by or for ac-

count of this bank and outstand-

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

Other liabilities.

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

Surplus. , ........ .

CndividPd profits ..

Heservcs.

4 ,161,298. 22 1 ,033,923. 66
200,869.22
2,094,989.14 230,119.38
16.342.11 None
None 138,390.03 812,500.00 325,000.00 277.749.86
None

Total Liabiliti<"s.

. ... $ 9,291,181.62

-92-----------------------D-EPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF MADISON Madison, Ga.

As called for by the Superintendent of Banks

BEN S. THOMPSON, President.
Date of Charter: 12-26-1888

H. G. LOMAX, Cashier. Began Business: 1-1-1890

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... S United States Government obligations, direct and guaranteed...... Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

300,221.22 1,335,379.43
28,464. 60 None None
1 ,029,045 . 25 32,100.00 None
None None 1 ,998. 24

LIABILITIEI:i

Demand deposits.

.$

TDiempeosditespoofsirts..8... .G.o..v.e.rn..m.P..n.t

. .

.

.

.

.

.

Deposits of Statf's and political ~mL-

divisions....... . ........ .

Deposits of banks. . . . . . . . ....... .

Other deposits (certified and officers'

checks, etc.) .

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing.........

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

Other liabilities.

Capital. ..

Surplus ......... .

Undivided profits.

Reserves ....

1,015,036.08 1,346 ,495. 69
38,754.20
104,748.91 None
772.00 None
None None 50,000.00 40,000.00 131 ,401.86 None

Total Assets .................. S 2, 727,208. 74

Total Liabilities............... $ 2,727,208.74

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

STATEMENT

Showing condition at the close of business December 31, 1962, 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-
cJuding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ..... ................... . Real estate owned other than bank
premises ... :~. .................. . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

900,841.98 885,647.00 518,873.01 499,396.25
None 1.565,000. 70
36,602.55 5,028.84
None None 424.50

Total Assets .................. S 4,411,814.83

LIABILITIEI:i Demand deposits..................S Time deposits.................... . Deposits of t:". S. Government ..... .
Ddi~i!!~n~f. ~~~~~s. ~~-~ -~~l~t.i~~~ _s~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits......... ; ....... . Reserves ........................ .

1,667,595.36 1,549,401.72
77,678.10
673,512.21 None
4,739.92 None
None 71,336.05 120,000.00 130,000.00 97,551.47 20,000.00

Total Liabilities.......... , ....$ 4,411,814.83

FORTY-THIRD ANNUAL REPORT

93

STATEMENT

Showing condition at the close of business December 31, 1962, of

FARMERS AND MERCHANTS BANK OF MANCHESTER Manchester, Ga.

As called for by the Superintendent of Banks

ELMER LOFTIN,

JIMMIE F. LOFTIN,

President.

Cashier.

Date of Charter: 10-7-1947

Began Business: 2-2-1948

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection. . . . S l 1nited States Government obliga-

tions, direct and guaranteed ..... . Obligat_io?~ of States and political

SUbdtVlSIOOS. . . . . . . . . . . . . . .....

Other bonds, notes, and debentures ..

Corporate storks (including stock of

Federal Reserve Bank). . . . . . .. Loans and discounts (including over-

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

Bank premises ownPd, furniture and

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

Real estate owned other than bank

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

Investments and other assets indirectly representing bank premises

or other real Pstat<> ..... . Customers' liability to this

b~~k.

~~

acceptances outstanding.

Other Assets.

670,290.80 370,000.00
None 85,000.00
None 693,632.28
27,935.28 952.25
None None 1,288.03

Total Assets ............ . .... $ 1,849,098.64

LIABILITIES

Demand d<>posits.

. .S

Time depo:sits. . . . . . . . . . . . .

Deposits of V. S. Government ..... .

Deposits of States and political sub-

divisions ..... .

Deposits of banks. . . . . . . ........ .

Othr-r 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 ..

695,399.60 644,963.00
24,382.07
341,146.50 None
6,664.72 910.00
None 9,700.00 50,000.00 50,000.00 25 '932. 75
None

Total Liabilities.

. ....$ 1,849,098.64

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF MANSFIELD Mansfield, Ga.

As called for by the Superintendent of Banks

A. E. HAYS, President.
Date of Charter: 12-19-1945

G. BARRON DAVIS, Cashier.
Began Business: 3-1-1946

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S

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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding.



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

Total Assets ..

..... $

80,654.27 275,662.20
None None None 330,666.68 847.35 None
None None None 687,830.50

LIABILITIES Demand deposits.................. S Time deposits. . . . . . . . . . . . . ...... . Deposits of "C. S. Government ..... . Deposits of States and political sub-
divisions ...... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ..
Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outStanding .......... . Other liabilities .. . Capital. ...... :. Surplus ........ . Undivided profits........... .
Heserves ..

329,494.59 193,489.31
663.99
55,623.52 None
1,941.35 None
None 535.04 25,000.00 60,000.00 21,082.70
None

Total Liabilities............... $ 687,830.50

1

94

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, 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 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
subdlVISIOllS ................... .
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....

3,607,662.92 2,272,798.63
557,284.84 None None
4,465,541.08 116,529.68 None
None None 33,208.03

Total Assets .................. $ 11,053,025.18

LIABILITIEtl

Demand deposits.

. ...... $

Time deposits... . . . . . . . . . .... .

Deposits of (;. 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 outstand-

ing ........ .

Other liabilities.

Capital..

Surplus ....... .

Undivided profits.

Reserves.

5. 900,459.20 2,084,488.87
361,652.92
1,710,534.74 None
82.00 None
None 175,618.52 300,000.00 300,000.00 220,188.93
None

Total Liabilities...............$ 11,053,025.18

STATEMENT Showing condition at the close of business December 31, 1962, of
MARlETTA t:OMMERCIAL 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 Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts). . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding.... Other Assets.

1,100,397.82 1,817,813.30
51,142.84 None None
1,854,227.03 94,715.27 None
None None 31,793.87

Total Assets ..................$ 4,950,090.13

LIABILITIES

Demand deposits.

. ........ $

Time deposits.....................

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

Deposits of States and political sub-

divisions.......................

Deposits of banks.................

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities .. .

Capital. ........ .

Surplus ........ .

Undivided profits.

Hcserves ....

2,385,251.95 844,633.48 265,640.11
1,041,254.92 10,500.00
27,388.86 None
None 50,420.81 240,000.00 50,000.00 35,000.00
None

Total Liabilities...............$ 4,950,090.13

FORTY-THIRD ANNUAL REPORT

95'

STATEMENT
Showing condition at the close of business December 31, 1962, of THE CITIZENS BANK Marsballville, Ga.

As called for by the Superintendent of Banks

C. C. HASLAM, President.
Date of Charter: 12-24-1906

C. C. HASLAM, Cashier.
Began Business: 1-1-1907

.\HI'ETS

Cash, balan('e:s with other banks, in-

(']uding; reserve balances, and cash

itf'ms in process of collection..... $

Cnited Htatf's Government obliga-

tions, direct and guaranteed ..... .

Obligations of 8tates and politieal

subdivisions. . . . . . . . . . . . .

Other bonds, notes, and df'bcntures ..

Corporate stoeks (including stock of

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

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Heal estate ownf'd other than bank

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

. ..

Investments and other assets indi-

rectly representing bank premises

or other Customers'

rpal estate .. liability to

... . this

b~~k.

~~

acceptances outstanding.

Other Assets.

Total Assets ...

s

108,807.34 232,000.00
None None None 398,876.98 2.00 None
None None 507.20 740.193.52

LIABILITIEti Demand deposits ..................S Time deposits... . . . . . ..... . Deposits of U. S. Governrnent ..... Deposits of States and political sub-
divisions ...... . DPposits of banks. . . . . . . . . . . ..... Other deposits (certified and officers'
checks, etc.) . Bills payable. . . ................. . Acceptances Pxecuted by or for ac-
count of this bank and outstanding ......... . OthPr liabilities.
Capital. .......... . Surplus ........ . rndividPd profits. Reserves.

318,264.69 206,358.90
1,000.00
89,500.00 None
3,359.70 None
None 8,546.52 30,000.00 50,000.00 33,163.71
None

Total Liabilities.

.......$ 740,193.52

STATEMENT
Showing condition at the close of business December 31, 1962, of GEORGIA BANKING COMPANY Marshallville, Ga.

As called for by the Superintendent of Banks

JOHN C. WALKER, JR., President.
Date of Charter: 9-19-1910

J. R. ALLEN, Cashier.
Began Business: 9-27-1910

Atit->ETE-l Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S tTnited States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions. . . . . . . . . . . . . . .. Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank). . . . . ..... Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . .. Bank premises owned, furniture and
fixtures..... . . . . . . . . . . . . . . . . Real estate owned other than bank
premises...................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ......... . Customers' liability to this bank on
acceptances outstanding. Other Assets.

Total Assets.

.$

138,374.45 80,000.00
None None None 242' 937.27 800.00 None
None None None 462' 111.72

LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions....... . ......... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .
Bills payable. . . . . . . . . . . . . . . . . . . .. Acceptances executed by or for ac-
count of this bank and outstanding .......... . Other liabilities .. . Capital. ........... . Surplus ........ . Undivided profits........... . Reserves. . . . ........ .

227,867.32 110,153.82
None
69,988.41 None
None None
None None 25,000.00 25,000.00 4,102.17 None

Total Liabilities.............. $ 462' 111.72

l

96

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31. 1962. of BANK OF MEIGS Meigs, Ga.

As called for by the Superintendent of Banks

J. L. PILCHER,

TOM SMITH,

President.

Cashier.

Date of Charter: 5-8-1903

Began Business: 6-1903

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 representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

158,172.92 554,429.69
6,000.00 223,750.00
None 611,489.78
2.00 None
None None None

Total Assets .................. S 1,553,844.39

LIABILITIES Demand deposits. . .............. $
Time deposits ................... . Deposits of U. S. Government ..... .
DdiZi!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 ....

721,996.62 481,291.14
11,930.40
143,635.70 None
8,428.01 None
None None 50,000.00 50,000.00 61,562.52 25,000.00

Total Liabilities............... $ 1,553,844.39

STATEMENT
Showing condition at the close of business December 31. 1962, of METTER BANKING COMPANY Metter, Ga.

As called for by the Superintendent of Banks

M. E. TRAPNELL,

D. J. PARRISH,

President.

Cashier.

Date of Charter: 7-25-1930

Began Business: 8-26-1935

A~SET~
Cash, balances with other banks, including 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 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.

395,421.60 1,598,810.59
103,496.64 300,000.00
None 1,571,712.11
47,242.80 None
None None 243.16

Total Asset,s . . . . . . . . . . . . . . . . . . $ 4, 016,926.90

LIABILITIES
Demand deposits ..................$ Time deposits.................... . Deposits of ti. S. Government . . . . . . Deposits of Siates and political sub-
divisions .............. . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . . . . ........... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding.......... . ........ . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,743,448.60
1,55~,979.92
102,326.50
193,960.80 1,601.12
25,818.94 None
None 61,183.65 125,000.00 125,000.00 15,607.37 70,000.00

Total Liabilities...............$ 4,016,926.90

FORTY-THIRD ANNUAL REPO'--R~T------~-~9""'7

STATEMENT

Showing condition at the close of business December 31, 1962, of

PINELAND STATE BANK

Metter, Ga. As called for by the Superintendent of Banks

G. H. "ROUNTREE,

RICHARD N. MARSH,

President.

Cashier.

Date of Charter: 12-27-1961

Began Business: 10-15-1962

ASt-lETS

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

Rea] estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premises

or other real estat Customers' liability

e .. to

.... this

.b.~~k.

~n

acceptances outstanding.

Other Assets.

350,015.49 349 '922.35
None None None 291,461.34 17,364.16 None
2,050.35 None None

Total Assets...... _...... . .. $ 1,010,813.69

LIABILITIES

Demand deposits.

. ....$

Time deposits... . . . . . . . ..

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

Deposits of States and political sub-

divisions ...... .

deposits of banks. . . . . . . . ....... .

Other deposits (('ertifird and officers'

checks, etc.).

Bills payable ..... ___ ........... _._

AcceptanC'cs executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities.

Capital. Surplus .... ___ . __

LTndivided profits.

Reservf's.

390,706.46 253 '907 .41
397.99
163,574.06 None
477.32 None
None None 100,000.00 75,000.00 25,250.45 1,500.00

Total Liabilities .............. $ 1,010,813.69

STATEMENT
Showing condition at the close of business Deeember 31, 1962, 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-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions .................. . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank): ......... . Loans and discounts (including overdrafts) .............. __ ........ _ Bank premises owned, furniture and fixtures..... . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises..................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. Other Assets ..................... .
Total Assets .................. $

107,438.75 237,696.88
18,838.81 None None
282,933.59 2.00 None
None None None 646,910.03

LIABILITIES

Dem.and deposits. . . . . . . . . . . .$

Time deposits.................. .

Deposits of C. 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 outstand-

ing........ . .

Other liabilities ....

Capital. ... __ .. _.

Surplus ........ .

Undivided profits.

H.eservcs .....

315,486.11 214,030.20
None
12,071.52 5,000.00
4,118.37 None
None 2,703.16 25,000.00 50,000.00 16,500.67 2,000.00

Total Liabilities...............$ 646,910.03

98

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962. of BANK OF MILAN Milan, Ga.

As called for by the Superintendent of Banks

W. C. McCRANIE, President.
Date of Charter: 12-6-1906

JACK B. WETHERINGTON, SR., Cashier.
Began Business: 10-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligatiop~ of States and political
subdtVlSlODS .... , , ... , ......... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ..... ~ ....... . Customers' liability to this bank on acceptances outstanding......... . Other Assets.................. .

326,408.14 250,000.00
None None None 549,075.06 3,018.50 None
None None None

Total Assets .................. $ 1,128 ,501. 70

LIABILITIES

Demand deposits.

. .$

Time deposits............... .

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

Ddi~i~!~n~f- ~~~~~s. ~~~ -~o-l~t-i~~~- ~~~

Deposits of banks ................ .
Other deposits (certified and officers' cheeks, ete.) .
Bills payable. . . . . . . . . . . . . . . . . . . . Acceptances cxe<'uted by or for ac-
count of this bank and outstand-
ing ................ . Other liabilities...... . Capital. Surplus .......... . Undivided profits .. . Reserves ..... .

577,685.58 420,273.60
2,352.64
6,700.00 None
None None
None 2,938.92 35,000.00 35,000.00 33,012.92 15,538.04

Total Liabilities............ , ..$ 1,128,501.70

STATEMENT

Showing condition at the close of business December 31, 1962, of

EXCHANGE BANK Milledgeville, Ga.

As called for by the Superintendent of Banks

JOHN E. GARNER, JR. President.
Date of Charter: 6-20-1903

AUBREY H. SIMPSON, Cashier.
Began Business: 6-1-1903

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of oollection ...... $ 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 representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding..... . . . . . Other Assets......................

1,244,817.66 3,187,326.01
920,703. 00 722,167.72
None 2,232,525.39
88,855.98 None
None None 49,888.50

Total Assets .................. $ 8, 446, 284. 26

LIABILITIES Demand deposits ..................$ Time deposits.................... . Deposits of U. S. Government. .... .
DdiZi!l~n~f- ~~~~~s. ~~-~ -~~l~t-i~~~ _s~~

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

~r'::'Ji~~ied. p;~fii;

Reserves ....

1,985,227. 76 2,830,235.74
296,109.01
1,615,270.96 905,257.29
15,899.26 None
None 148,481.20 260,000.00 290,000.00 99,803.04
None

Total Liabilities.............. $ 8,446,284.26

FORTY-THIRD ANNUAL REPORT

99

STATEMENT

Showing condition at the close of business December 31, 1962, of
THE MERCHANTS AND FARMERS BANK OF MILLEDGEVILLE MiUedgeville, Ga.

As called for by the Superintendent of Banks

DR. H. D. ALLEN, President.
Date of Charter: 3-22-1898

J. R. ALLEN, Cashier.
Began Business: 3-1898

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . 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...... . . . . . ............ . Rea] estate owned other than bank
premises..................... .
Investments and other assets indirectly representing bank premises
or other real estate .......... . Customers' liability to this bank on
acceptances outstanding ..
Other Assets ....

1,346,689.61 1 ,802,383. 90
452,170.73 200,063.00
None 1,909,377.60
28,241.62 1.00
None None 2,702.62

Total Assets .................. S 5,741,630.08

LIABILITIES

Demand deposits.

.s

Time deposits.. . . . . . . ..... .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

Capital..

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

Undivided profits ..

Reserves ..

1,980,672.48 2,238,416.03
82,505.93
962 '743.10 None
37,345.20 None
None None 150,000.00 200,000.00 89,947.34 None

Total Liabilities.............. $ 5,741,630.08

STATEMENT
Showing condition at the close of business December 31, 1962, of THE MILLEDGEVILLE BANKING COMPANY Milledgeville, Ga.

As called 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

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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding .. .

Other Assets.

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

1,334,752.82 3,063,671.83
542,885.63 373,556.40
None 3,159,970.32
2.00 None
None None None

Total Assets ...

. ........ $ 8.474,839.00

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 outStand-

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

Other liabilities .. .

Capital. ..... .

Surplus ......... .

Undivided profits .. .

Reserves ......... .

2,577,873.19 3,413,826.85
181,983.61
1,474,401.29 93,109.71
18,676. 24 None
None
27,503.93 200,000.00 200,000.00 175,000.00 112,464.18

Total Liabilities...............$ 8,474,839.00

100

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF MILLEN Millen, Ga.

As called for by the Superintendent of Banks

W. H. SHEPPARD,

WATSON W. ROCKER,

President. Date of Charter: 1-4-1893

Cashier. Began Business: 3-1-1893

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . . $ United States Government obligations, direct and guaranteed...... Obligatio!'~ of States and political subdiVISIOns. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts).... . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures......................... Real estate owned other than bank
premises........................ Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. . . . . . . . . . Other Assets...... . . . . . . . . . . . . . . . .

510,906.24 1,815,276.52
None 26,032.60
None 1,348,673.15
37,212.09 1,000.00
None None None

Total Assets .................. $ 3,739,100.60

LIABILITIES

Demand deposits.

. .......... .S

Time depos1ts ................ , . . .

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

D'Ji~i~!~n~f States an~ .political_~~~

Deposits of banks................. Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................

2,068,181.85 1,065, 122.79
2,739.64 214 ,370 _01
10,000.00
14,473.91 None
None None 100,000.00 200,000.00 64,212.40 None

Total Liabilities.............. $ 3,739,100.60

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF MOLENA Molena, Ga.

As called for by the Superintendent of Banks

R. H. FLETCHER,

CHAS. W. BECKHAM,

President.

Cashier.

Date of Charter: 10-7-1901

Began Business: 3-1899

ASSETS Cash, ba1ances with other banks, in-
c1uding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ of States and political subdtVlSlOnS . . . . . . . . . . . . . . , , ... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. $

125,121.25 102,500.00
None 149,950.00
None 175,531.32
1,501.00 1.00
None None None 554,604.57

LIABILITIES Demand deposits.................. $ Time deposits, ................... . Deposits of U. S. Government ..... .
D'Ji~i~1~n~f. ~~~te". and..p~lit.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 ........................ .

240,360.73 207,001.44
485.10
52,542.72 None
190.22 None
None 1,500.00 30,000.00 10,000.00 12,524.36
None

Total Liabilities...............$ 554,604.57

_ _ _ _ _ _ _ _ _F~O~R~T~Y_-THIRD ANNUAL REPORT

101

STATEMENT
Showing condition at the close of business December 31, 1962, of THE FARMERS BANK Monroe, Ga.

As called for by the Superintendent of Banks

GEO. W. BAKER, President.
Date of Charter: 1-1-1906

J. B. BUTTS, Cashier.
Began Business: 1-1-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . .... Bank premises owned, furniture and fixtures ....................... . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding. Other Assets.................. .

1,260,265.49 2,024,569.85
416,352.41 185,812.50
13,500.00 3,135,943.51
35,474.20 47,833.33
None None None

Total Assets .................. $ 7,119, 751.29

LIABILITIES

Demand deposits.

. ..... $

Time deposits...................

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

D'Ji~i!t~n~f State". an.d p~litical. su~

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

2,578,778.57 2,495,391.64
277,681.78
946 ' 726 .88 None
59,991.75 None
None 41,553.08 250,000.00 200,000.00 269,627.59
None

Total Liabilities...............S 7,119,751.29

STATEMENT
Showing condition at the close of business December 31. 1962. of MONTEZUMA BANKING COMPANY Montezuma, Ga.

As called for by the Superintendent of Banks

T. M. ADAMS, President.
Date of Charter: 10-23-1948

C. W. KINMAN, Cashier.
Began Business: 1-10-1949

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

293,552.41 538,712.28 257,318.05
None None 784,253.31 12,929.54 None
None None None

Total Assets .................. $ 1,886,765.59

LIABILITIES Demand deposits.................. $ Time deposits..... ~ .............. . Deposits of U. S. Government ..... .
DdiZi!l~n~f. ~~~~~s. ~~d .~~l~t.i~~~ .s~~

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 .. ~ ..................... .

605,335.86 582,922.28
27,498.85
449,640.48 None
7,714.52 None
None 9,437.50 50,000.00 50,000.00 96,716.10 7,500.00

Total Liabilities ...............$' 1.886.765.59

102

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31. 1962, of MOULTRIE BANKING COMPANY Moultrie, Ga.

As called for by the Superintendent of Banks

W. J. BAIRD,

H. W. RHODES,

President.

Cashier.

Date of Charter: 7-8-1896

Began Business: 1896

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' diability to this bank on acceptances outstanding......... . Other Assets..................... .

1, 799,679.10 3,222,570.16
970,541.30 1,000,000.00
None 6,923,345.21
89,457.17 77,714.80
80,000.00 None
60,145.40

Total Assets .................. S 14,223,453.14

LIABILITIES
Demand deposits................. $ Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i!l~n~~ ~~~~~s. ~~-~ -~~l~t.i~~~ .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 ........................ .

7,405,579.50 3,180,938.21
170,808.85
1,312,199.52 228,816.40
56,221.06 None
None 274,117.01 300,000.00 700,000.00 294,256.79 300,515.80

Total Liabilities.............. S 14,223,453.14

STATEMENT

Showing condition at the close of business December 31, 1962, of MOUNT VERNON B"ANK Mount Vernon, Ga.

As called for by the Superintendent of Banks

D. A. McRAE, JR., PrE>sident.
Date of Charter: 12-21-1900

G. E. HUGHES, Cashier.
Began RusinPRS: 1-24-1901

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
iterns in process of collection...... I 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 representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

446,306.61 639,229.63
61,094.25 49,937.50
None 404,515.63
5 '111.15 None
None None None

Total Assets .................. S 1,606,194.77

LIABILITIES Demand deposits................. $ Time deposits.................... . Deposits of U. S. Government ..... .
D'di~i~l~n~f ~~~te8 an.d .p~lit.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by .or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ..... : . ............. .

732,385.55 313,889.15
39,677.63
298,389.39 38,601.02
1,483.06 None
None 22,998.00 75,000.00 50,000.00 33,770.97
None

Total Liabilities........ ' 1.606.194.77

FORTY-THIRD ANNUAL REPORT

103

-------------------------------

STATEMENT
Showing condition at the close of business December 31, 1962. 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 Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligatio?~ of States and political
subdlVlSlODS ................... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding ......... . Other Assets.................... .

1,246 ,831. 32 768.554.00 182,919.09 199,000.00 None 827,276.48 13,876.00 None
None None None

Total Assets.................. $ 3,238,456.89

LIABILITIES Demand deposits ..................'S
Time deposits..................... Deposits of U.S. Government...... D':fl~~~1~n~f States and political su~

Deposits of banks.................

Other deposits (certified and officers'

checks, etc.) . .

. ........ .

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing....

. ........ .

Other liabilities................... .

Capital. ..... .

Surplus ... .

Undivided profits ....

Reserves ....

1,611,477.49 879,089.70 33,719.81 ,. 220 567 78 175,252.97
4,056.43 None
None 25,292.71 100,000.00 100,000.00
4,000.00 85,000.00

Total Liabilities ...............$ 3,238,456.89

STATEMENT
Showing condition at the close of business D11cember 31. 1962, of THE UNITED BANKING COMPANY Nashville, Ga.

As called for by the Superintendent of Banks

H. D. HAND, President.

MRS. E. K. FULLER, Cashier.

Date of Charter: 7-10-1924

Business Began: 7-15-1924

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io?~ of States and political
subdlVlSlODS ..................
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank). . . . . ..... Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets.................... .

356,131.97 520,750.00 153,051.03 270,000.00
None 1,080,287.78
18,682.64 None
None None 200,000.00

Total Assets .................. S 2, 598,903.42

LIABILITIES Demand deposits .................. 'S Time deposits.................... . Deposits of U.S. Government ..... .
D%Zi~!~n~f. ~~~~~s. ~~-~ -~~~~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... .
~':,"Ji~i':ledp~~fits.. .:::::::::::::::
Reserves ........................ .

1,188,992.23 769,571.50 70,106.37
269,054.34 28,380.96
14,714.29 None
None 5,000.00 100,000.00 100,000.00 53,083.73
None

Total Liabilities ...............$ 2,598,903.42

104

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31. 1!162, of BANK OF NEWINGTON Newington, Ga.

As called for by the Superintendent of Banks

HORACE V. WELLS,

ERNEST E. LEE,

President. Date of Charter: 7-7-1919

Cashier. Began Business: 8-14-1919

ASSETS Cash, balances with other hanks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets.................... .
Tots! Assets ................. S

97,010.89 105,000.00
None None None 143,234.48 1,557.14 None
None None None 346,802.51

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U. S. Government. .... .
D%~i!!~n~f. ~~~~~s. ~~~- ~o.l~t.i~~l. ~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

229,844.59 39,624.83 None
24,142.82 None
1,025.52 None
None None 15,000.00 25,000.00 12,164.75 None

Total Liabilities...............$ 346,802.51

STATEMENT
Showing- condition at the close of business December 31. 1962. of THE CITIZENS & 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 Busine1111: 2-25-1955

ASSETS Cash, balances with other banks, in-
cJuding 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 premiset
or other real estate.............. Customers' liability to this bank on
acceptances outstanding.......... Other Assets.. . . . . . . . . . . . . . . . . . . . .

2,243,765.75 1, 704,323.00
451 ,739.20 None
5,000.00 5,160,211.66
97,901.54 16,125.00
75,000.00 None
21,939.46

Total Assets ..................S 9.776,005.61

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
Dd\~\~~n~f ~~~tes_ a~~ -~~l~t.i~~l..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 ........................ .

4,658,229.85 3,038,489.16
187,639.07
321,277.06 300,574.59
40,120.68 None
None 342,441.23 300,000.00 300,000.00 237,233.97
50,000.00

Total Liabilities.............. $ 9,776,005.61

FORTY-THIRD ANNUAL REPORT

105

---- --------------

STATEMENT

Showing condition at the close of business December 31, 1962, of
BAKER COUNTY BANK Newton, Ga.

As called for by the Superintendent of Banks

ALBERT W. BARBER,

0. C. SINDERSINE,

President.

Cashier.

Date of Charter: 10-4-1906

Began Business: 10-15-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S "Cnited States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions. . . . . . ............ . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises...................... . Investments and other assets indi-
rectly representing bank premises or other real estate ..... . Customers' liability to this ba~k on
acceptances outstanding. Other Assets ..

222,452.75 346,378.40
11,803.53 None None
436,796.51 4,291. 77 None
None None 1, 761.96

Total Assets ........ .

..... $ 1,023 ,484. 92

LIABILITIES

Demand deposits.

. .... $

Time deposits................ .

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

Deposits of States and political sub-

divisions ................... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities.

Capital.

Surplus ......... .

Undivided profits.

Reserves ....

463,983.06 77,355.00 1,058.00
276,216.31 None
5,805.68 None
None 4,180.49 25,000.00 100,000.00 69,886.38
None

Total Liabilities.

. ....$ 1,023,484.92

STATEMENT
Showing condition at the close of business December 31, 1962, of NICHOLLS STATE BANK Nicholls, Ga.

As called for by the Superintendent of Banks

RALPH G. LOTT, President.
Date of Charter: 12-2-1952

R. E. LOTT, Cashier.
Began Business: 1-2-1953

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S

United States Government 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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding.

Other Assets.

. ........ .

Total Assets ...

.... $

204,342.44 451,565.08
None None None 164,038.90 2,078.88 None
1,029.35 None None
823,054.65

LIABILITIES Demand depo::;i ts ............ . Time deposits .................. . Deposits of C. S. GovernmPnt ..... .
Deposits of States and political subdivisions ...... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .. Bills payable ........ . Acceptances executed by or for ac-
count of this bank and outstanding ......... . Other liabilities .. .
Capital. ... . Surplus ....... . t:ndivided profits.
Reserves ...... .

352,771.55 341,579.35
2,432.22
66,589.90 None
74.36 None
None 1,909.56 25,000.00 15,000.00 17,697.71
None

Total Liabilities..............$ 823,054.65

106

DEPARTMENT OF BANKING

-------------------------

STATEMENT

Showing condition at the close of business December 31, 1962. of THE BANK OF NORCROSS Norcross, Ga.

As called for by the Superintendent of Banks

CLIFFORD JONES, President.
Date of Charter: 12-12-1903

J. S. NESBIT, Cashier.
Began Business: 2-l-190d

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 over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

381,480.26 475,211.96
None 350,000.00
None 561,235.69
12,904.92 None
None None None

TotalAssets .................. $ 1,780,832.83

LIABILITIES

Demand deposits.. .

. ....$

Time deposits................ .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities.

Capital..

Surplus ........ .

Undivided profits ... .

Reserves ......... .

823,567.28 592,223.25
1,674.00
216,507.38 None
3,044.32 None
None 10,873.78 60,000.00 40,000.00 32,942.82
None

Total Liabilities...............$ 1,780,832.83

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE BANK OF OCILLA Ocilla, Ga.

As called for by the Superintendent of Banks

JACK WILLIS,

B. OLIN COX,

President.

Cashier.

Date of Charter: 9-20-1956

Began Business: 10-1-1956

ASSETS Cash, balances witb other banks, in-
cluding reserve balances, and cash. items in process of collection ..... .$ United States Government obligations, direct and guaranteed . . .... Obligatio!'~ of States and political subdlVlBlOnS ..... , ............. . 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 tban 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.................... .

358,671.03 807,812.71
None None None 474,670.62 9,759.87 None
None None None

Total Assets ................. S 1,650,914.23

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D~~i!l~n~f. ~~~~~s. ~-n-~ -~~~~~i~~~ .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 ........................ .

875,941.10 455,854.60
12,510.18
138,838.02 None
11,769.48 None
None 6,575.50 75,000.00 35,000.00 39,425.35
None

Total Liabilities.............. S 1,650,914.23

FORTY-THIRD ANNUAL REPORT

107

-------------------- -- ----------------------------'-'--'-

STATEMENT Showing condition at the close of business December 31, 1962, 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

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection. . . . $

t:"nited States Government obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions. . . . . . . . . . . . . ....

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

Federal Heserve 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

'b~~k.

~~

acceptances outstanding.

Other Assets.

583,426.55 1,507,007.50
15,830.73 25,000.00
None 1,417 '709.10
14,895.20 None
None None None

Total Assets .......... .

... $ 3,563,869.08

E. J. PATTEN, Cashier.
_ _ _ ]:Je_g!l~usiness: 6-1-1943

LIABILITIES Demand deposits............ . . . $ Time deposits................ . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions .................. . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .............. , .. Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .......... . Other liabilities .. . Capital. Surplus ....... . Undivided profits............. . Reserves.

1,726,216.47 1 '133,740.20
83,225.02
213,530.39 None
8,338.97 None
None None 100,000.00 100,000.00 78,818.03 120,000.00

Total Liabilities.

. .. s 3,563,869.08

STATEMENT Showing condition at the close of business December 31, 1962, of
BANK OF OGLETHORPE Oglethorpe, Ga.

As called for by the Superintendent of Banks

JOHN F. WILLIAMS, President.
Date of Charter: 2-5-1901

BLANCHE R. WILLIAMS, Cashier.
Began Business: 2-8-1901

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and ca:sh

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 representing bank premises

or other real estate ..... . Customers' liability to this

'b~~k

on

acceptances outstanding ..

Other Assets.

686,498.27 323,822.50 121,850.00
99,937.50 None
703,440.95 5,001.00
~.00
Ncine None None

Total Assets ...

....... $ 1,940,553.22

LIABILITIES Demand depo:sits ................. S Time deposits. . . . . . . . . . . . . . . . Deposits of l'. S. Government ..... . Deposits of States and political sub-
divisions ...... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . . . ............. . Bills payable. . . . . .. Acceptances executed by or for ac-
count of this bank and outstanding .......... . Other liabilities .. . Capital. ........ . Surplus ........ . Vndivided profits. Reserves ....

805,015.42 492,019.24
46,239.62
348,751.79 None
13,114.61 None
None 24,878.43 60,000.00 20,000.00 110,109.50 20,424.61

Total Liabilities ................$ 1,940,553.22

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

THE FARMERS BANK Palmetto, Ga.

As called for by the Superintendent of Banks

J. H. BALLARD, President.
Date of Charter: 6-29-1918

B. HUDSON, Cashier.
Began Business: 7-10-1918

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... S 170,344.10

United States Government obliga-

tions, direct and guaranteed ..... .

313,325.00

Obligations of States and political

subdivisions. . . . . . ............ .

17,921.95

Other bonds, notes, and debentures ..

169,875.00

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

110,474.47

Bank premises owned, furniture and

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

2.00

Real estate owned other than bank

premise~ . . . . . . . . . . . . . . . . . . . . . . . .

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other Assets ..................... . - - - - -No-ne

Total Assets .................. $ 781,942.52

LIABILITIES

Demand deposits.

. ...........$

Time deposits .................... .

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

Deposits of States and political sub-

divisions......... . ........ .

Deposits of banks ................ .

Other deposits (certified and officers'

Bill~e;~~~tf~ l . : : : : : : : : : : : : : : : : : : :

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities...... .

Capital. ..... .

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

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

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

468,549.29 160,312.08
3,890.30
37,647.82 None
5,843.83 None
None None 25,000.00 10,000.00 10,699.20 60,000.00

Total Liabilities...............$ 781,942.52

STATEMENT
Showing condition at the close of business December 31, 1962. of THE PATTERSON BANK Patterson, Ga.

As called for by the Superintendent of Banks

FOSTER O'QUINN,

LEOLA GRINER,

President.

Cashier.

Date of Charter: 6-19-1907

Began Business: 6-19-1907

ASSETS

Cash, balances with other banks, in-

cJuding reserve balances, and cash

items in process of collection...... S 247,155.07

United States Government obliga-

tions, direct and guaranteed ..... .

245,739.03

Obligations of States and political

subdivisions ................... .

None

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

176,672.63

Bank premises owned, furniture and

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

1,830.00

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

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

None

Total .Assets. . . . . . . . . . . . . . . . . $ 671,396.73

LIABILITIES Demand deposits ................. ,$ Time deposits.................... . Deposits of U.S. Government ..... .
DJiZi!l~n~f. ~~~~~s. ~~.~ .~~l~t.i~~~ .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 ........................ .

362,850.56 93,593.55 1,130.00
140,560.31 None
3. 765.92 None
None None 25,000.00 35,000.00 9,496.39 None

Total Liabilities.............. $ 671,396.73

~~~-----------F~O~R_T_Y_-T_HIRD ANNUAL REPO~R~T~--------------1~0~9

STATEMENT
Showing condition at the close of business December 31, 1962, of THE CITIZENS EXCHANGE BANK OF PEARSON Pearson, Ga.

As called for by the Superintendent of Banks

J. L. SUMMERLIN, President.
Date of Charter: 1-19-1943

ALLEN GRIFFIS, Cashier.
Began Business: 5-12-1945

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ... -~ .. S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions .... Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding..... . Other Assets..................... .

596,868.48 840,200.50
1,000.00 None None
466,949.99 2,753.56 None
None None None

Total Assets 00...... 0......... $ 1, 907,772.53

LIABILITIES Demand deposits. . . . . . . . . . . . . $ Time deposits............... . Deposits of U. S. Government ..... .
Ddi~i!!~n~~ ~~~~~s. ~-n~ -~~l~~i~~~..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 ..

774,577.63 645,410.58
49,264.14
127,016.81 170,944.24
466068 None
None 4 '182.45 50,000.00 50,000.00 25,910.00 10,000.00

Total Liabilities............... $ 1,907,772.53

STATEMENT
Showing condition at the close of business December 31, 1962, 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, ba]ances with other banks, in-
cJuding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligatiop~ 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 assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. 's

468,142.18 1,244,832oll
35,000.00 300,034o19
None 1 ,610, 171.71
35,279.89 None
None None 23,545.54 3 o717,005. 62

LIABILITIES

Demand deposits.

. .........$

Time deposits.....................

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

Deposits of States and political sub

divisions .......... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing....

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

Other liabilities...... .

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

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

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

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

1,553,622.98 1,072,302.86
59,726.32
526,695.73 4,376o99
47,867.75 None
None 45,688.08 150,000.00 100,000.00 156 '724. 91
None

Total Liabilities............ 0.. $ 3 ,717 ,005 .62

110

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of

PELHAM BANKING COMPANY Pelham, Ga.

As called for by the Superintendent of Banks

DR. J. C. BRIM, President.
Date of Charter: 12-4-1936

WALTON C. BERNIER, Cashier.
Began Business: 12-8-1936

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... $ 625,153.89

United States Government obliga-

tions, direct and guaranteed ..... .

874,772.81

Obligat.io~~ of States and political

subdlVlBlODB ...................

133,188.02

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

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

None

Loans and discounts (including over-

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

951,788.99

Bank premises owned, furniture and

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

2.00

Real estate owned other than bapk

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other Assets ..................... . - - -2-06.-00

Total Assets .................. $ 2,585,111. 71

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

1,190,426.00 797,216.51 51,965.48
245,678.27 None
2,240.37 None
None 150,95 100,000.00 100,000.00 70,139.86 27,294.27

Total Liabilities...............$ 2, 585, 111.71

STATEMENT Showing condition at the close of business December 31, 1962, of

THE PEMBROKE STATE BANK Pembroke, Ga.
As called for by 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. . . . . . $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises . .., ..................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

417,004.45 623,797.50
7,000.00 None None
659,734.99 8,752.50 None
None None 21,346.07

TotalAssets .................. $ 1,737,635.51

LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... . De)?o~i!s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

836,645.49 514,762.41
27,828.31
159,460.62 None
38,276.65 None
None 23,668.06 75,000.00 50,000.00 11,993.97
None

Total Liabilities............... $ 1 ,737,635.51

FORTY-THIRD ANNUAL REPORT

111
----

STATEMENT

Showing condition at the close of business December 31, 1962, of PERRY LOAN & SAVINGS BANK Perry, Ga.

As called for by the Superintendent of Banks

C. E. ANDREW, President.

M. M. DEAN, Cashier.

nate of Charter: 8-20-1889

Began Business: 1889

Ai:li:lETS Cash, balancPs with other banks, in-
cluding rP:sPrvr balancPs, and cash items in process of collection ..... S l"nited Statf's Government obligations, direct and guarantepd ..... . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . Other bonds, notes, and dPbcntures. CorporatP sto(ks (ineluding stock of FPdPral HPsPrvf' Bank)... . . . . Loans and discounts (including overdrafts)_ . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixturcs. . . . . . . . . . . . . . . . . . Real estate owncd other than bank
premises....... . . . . . . . . ... Investments and other assPts incli-
rectly representing bank premises or other real ('state ..... . Customers' liability to this bank on acccptances outstanding. Other Assets.

939,905.23 1 ,422,838.10
370,927.43 200,000.00
None 1,855,855.96
60,000.00 1.00
None None None

Total Assets ....

....... $ 4,849,527.72

LIAI3ILITIEI:l

Den1and dPpo:sits.

.$

Time dPpo:sits ..... .
DPposits of r. H. GovernmPnt ..... .

Deposits of HtatPs and political sub-

divisions. . . ..

Deposits of banks ................ .

Other dPposits (<'ertifiNl and officprs'

ehecks, f'tc.).

Bills payable. . . . ..

Af'eeptances executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities.

Capital.

Surplus ....... .

PndividPd profits.

HeservPs.

2,360,219.17 800,240.69 120,552.27
976,248.79 None
15,455.86 None
None None 100,000.00 100,000.00 376,810.94 None

Total Liabilities.

s 4,849,527. 72

- -----------

STATEMENT

Showing condition at the close of business December 31, 1962, of
BANK OF PINEHURST Pinehurst, Ga.

As called for by the Superintendent of Banks

HOWELL PORTER, President.
Date of Charter: 1-1-1908

ALTON P. DRAUGHON, Cashier.
Began Business: 1904

Ai:li:lETS

Cash, balances with other banks, in-

cluding rcserve balances, and rash

items in process of collection ...... S

l~ nited States Government obliga-

tions, direct and guaranteed ..... .

Obligations of 8tates and political

subdivisions . . ............. .

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

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

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Real estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premisE's

or other real estate .. Customers' liability to

... . this

'b~~k.

~~

acceptances outstanding.

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

Total Assets ...

.$

171,894.25 110,512.97
None 253,500.00
None 261,661.03
11,990.12 None
None None 4,284.89 813,843.26

LIABILITIEI:l

Demand deposits.

. ....S

Time deposits............... .

Deposits of lJ. S. Govcrnmcnt ..... .

Deposits of Htates and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . . . . . .

Other deposits (certified and officers'

checks, etc.) ..

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

Acccptanccs executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities .. .

Capital.

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

Vndividcd profits.

Heserves ....

522,720.94 127,481.86
7,246.38
35 '998. 77 None
16,955.77 None
None 6,280.42 25,000.00 25,000.00 47' 159.12
None

Total Liabilities ...............$ 813,843.26

112

DEPARTMENT OF BANKING- - - -

STATEMENT
Showing condition at the close of business December 31, 1962, of FARMERS AND MERCHANTS BANK Pine Mountain, Ga.

As called for by the Superintendent of Banks

ROY ASKEW, President.
Date of Charter: 3-22-1909

ROY ASKEW, Cashier.
Began Business: 4-19-1909

ASSET;;
Cash, balances with other banks, including reserve balances, and cash items in process of collection ...... $
United States Government obligations, direct and guaranteed . . . . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . Loans and discounts (including over-
drafts)............ . . . . . . . . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . .. . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . Investments and other assPts indi-
rectly representing bank premises or other real estate. . . . . . Customers' liability to this "b~~k on acceptances outstanding.
Other Assets. . . . . . . . . . . . . .

771,694.94 635,026. 13 239,129.42 350,000.00
None 1,037,984.67
2. 00 1 , 501.00
None None None

Total Assets. S o 3,035,338.16

LIABILITIEl>

Demand deposits.

.$

Time deposits... . . . . . . . . . . . . .

Deposits of L. S. Government ..... .

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.).

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

Acceptanecs executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities ..

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

Surplus ........ .

Undivided profits.

Heserves.

1,316,627.06 949,014.39 5,1167.80
455,329.81 None
10,680.95 None
None 209.33 100,000.00 100,000.00 97,508.82
None

Total Liabilities...............S 3,035,338.16

STATEMENT Showing condition at the close of business December 31, 1962, 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

Al>SET;; Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ....-.. Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank). . . . . . . . . . Loans and discounts (including overdrafts). . . . . .................. . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding.... Other Assets.
Total Assets ..................$

372,065.48 281,800.00
None 45,000.00
None 114,945.42
1,201.00 None
None None None 815,011.90

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of "C. S. Government . . . . . .
DJi~i!l~n~f- ~~~~~s. ~~-~ -~~l~t-i~~~ _s~~

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

Il.escrves ........................ .

409,669.16 240,606.23
3,902.64
72,126.49 None
6,561.05 None
None None 25,000.00 25,000.00 15,000.00 17,146.33

Total Liabilities ............ 0 $ 815,011.90

FORTY-THIRD ANNUAL REPORT

113

----

STATEMENT

Showing condition at the close of business December 31, 1962, of THE BANK OF QUITMAN Quitman, Ga.

As called for by the Superintendent of Banks

F. T. BENSON,

A. C. LOWE,

President. Date of Charter: 12-26-1888

Cashier. Besran Business: 12-31-1888

ASSETS

Cash, balancPs with other banks, in-

f'luding nsPrvP balancPs, and cash

itf'ms in procPss of colle<.>tion. . . . S

lnit('d StatPs GovernmPnt obliga-

tions, direct and guarantPPd . . . .

Ohli~ations of States and politiral

subdivisions.... . . .

Otlwr bonds, notes, and delwnturPs.

Corporate sto<'ks (including stock of

Federal R(sPrve Bank). . . . .

Loans and discounts (inC'luding over-

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

Bank premises own<'d, furniture and

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

Real <'State owned other than bank

pr<'rnises.... . . . . . . . . . .

InvPstments and othPr assPts indi-

rectly r('prPsPnting bank premists

or other rc>al estah. . CustomPrs' liability to

.... this

'ba~k.

~~;

acrcptancPs outstanding.

Other Assets.

559 ._253 ..,67 1, 799,577.00
20,000.00 None None
994,989.08 25,821. 29 None
None None 22,619.33

Total Assets.

... $ 3,422,260.37

---------

DPmand deposits. LIABILITIES ..s

Time deposits... . . . . . . .

.

DPposits of 1. H. Government ..... .

Deposit~:; of Htates and political sub-

divisions.

Deposit~ of banks. . . . . . . . . . . . . . . .

OthPr dPposits (cC'rtifh'd and officers'

chPcks, l't<'.).

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

AC'cPptan<'Ps Pxecuted by or fo!" ac-

count of this bank and outstand-

ing ....... .

Otlwr liabilitiPs.

Capital.

Hurplus ......... .

l'ndivid('(l profits ..

Hcserves ..

1 '705 ,480.13 870,065.86 48,535.94
349,237.18 13,817.93
20,359.47 None
None 23,956.99 100,000.00 100,000.00 68,187.54 122,619.33

Total Liabilities.

. ..... $ 3,422' 260.37

STATEMENT
Showing condition at the close of business December 31, 1962, 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

AHSETS

Cash, balancPs with otlwr bank:::~, in-

cluding re:::~erve ba.lancPs, and cash

e

items nited

in process of collection. . . . . $ States Government obliga-

tions, direct and guaranteed. . . . . .

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . .

Other bonds, not<"s, and debentures..

Corporate sto('ks (including stock of

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

Loans and db;counts (including over-

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

Bank premises owned, furniture and

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

H.eal estate owned oth<'r than bank

~~-



Investments and othpr assets indi-

rectly rPpresenting bank premise's

or other real estate. . Customers' liability to

.... this

'ba~k.

~~~

acceptances outstanding.

Other Assets.

366,737.05 1, 128,285.00
182,305.31 200,000.00
None 975,435.58
1,164. 43 N~
None None 2, 283. 20

Total Assets.

. ....... $ 2,856,210.57

LIAB!LITIEH

Demand depo~its ............ .

.$

Time deposits ............... .

J)pposits of C. S. Govf'rnment ..... .

Dero~~~s of States and political sub-

dtvtsions ...................... .

DPposits of banks ................ .

Other deposit~ (certified and officPrs'

checks, etc.) .

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

Acceptancf's executed by or for ac-

Pount of this bank and outstand-

ing ......... .

Other liabilities.

Capital.

Hurplus .......... .

tndividPd profits ..

Hcscrvcs ....

1,359,486.09 719,948.50 132,494.48
308,632.16 15,555.82
30,967.47 None
None None 100,000.00 100,000.00 39' 126.05 50,000.00

Total Liabilities.

$ 2,856,210.57

114

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of THE RENTZ BANKING COMPANY Rentz, Ga.

As called for by the Superintendent of Banks

0. D. BARRON, President.
Date of Charter: 5-2-1914

MRS. 0. D. BARRON, Vice President.
Began Business: 5-5-1914

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

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

Heal estate owned other than bank

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

Investments and other assets indi-

rectly r~presenting: bank premises

or other rC'al estatE:> ............. .

Customers' liability to this bank on

acceptances outstanding.

Other Assets.

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

Total Assets .................. $

140,885.85 182,671.87
None None None 513,333.43 2,062.39 8,570.40
None None 1,1()0 .06 848,624.00

LIABILITIES Demand deposits. . . . . . . . . . . . ..S Time deposits................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ........ . Deposits of banks ................ . Other deposits (certified and officers'
ehech, etc.).
Bills payable. . . . . . . ............. . Acceptances Pxecuted by or for ac-
count of this bank and outstanding............ .
Other liabilities .... .
Capital. .. . Surplus ......... .
Undivided profits. H.eserves.

438,132.43 186,468.58
1,618. 75
103,055.21 None
None None
None 10,000.00 25,000.00 25,000.00 59,349.03
None

Total Liabilities...............$ 848,624.00

STATEMENT
Showing condition at the close of businl!ss December 31, 1962, of THE CITIZENS STATE BANK Reynolds, Ga.

As called for by the Superintendent of Banks

W. H. VAN LANDINGHAM, President.
Date of Charter: 9-8-1922

W. H. VAN LANDINGHAM, Cashier.
Began Business: 9-8-1922

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 ..... .

Obligation~ of States and political

subdivisiOns ................... .

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

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

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Real estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premises

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

Customers' liability to this bank on

acceptances outstanding .. .

Other Assets.

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

869.767.29 396,274.22
49,788.44 179,862.50
None 1,118,001.22
14,289.08 None
None None 9,239.49

Total Assets ... ........... $ 2,637,222. 24

LIABILITIES Demand deposits ..................S Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i~1~n~f. ~~~~~s. ~~-~ -~~l~t-i~~~- ~~~

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.).

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

H.eserves ....

1,129,124.39 859,212.26 29,474.06
300,573.55 78,743.20
14,183.55 None
None 4,500.00 75,000.00 75,000.00 25,000.00 46,411.23

Total Liabilities ...............$ 2 ,637 ,222.24

1

FORTY-THIRD ANNUAL REPORT
----

115

STATEMENT

Showing condition at the close of business December 31, 1962, of WILLIAMS BANKING COMPANY Rhine, GL

As called for by the Superintendent of Banks

R. J. STUDSTILL, President.
Date of Charter: 8-4-1947

MARJORIE H. STUCKEY,
Cashier. Began Business: 10-1-1947

ASSETS Cash, balances with other banks, in-
cluding reserve balances, attl 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 premi:ses or other real estate .......... . Customers' liability to this bank on acceptances outstanding. Other Assets.......... .
Total Assets .......... . .... $

165,275.22 460,388.88
None None None 162,702.62 2,090. 74 None
None None None 790,457.46

LIABILITIES Demand deposits ..................S Time deposits... . . . . . . .... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions ...... . Deposits of banks. . . . . . . . . . . . . . ~ther deposits (certified and officers'
checks, etc.) ................... . Bills payable. . . . . . .............. . Acceptances executed by or for ac-
count of this bank and outstanding ......................... . Other liabilities .. Capital. Surplus ......... . Undivided profits. Reserves.

343,872.36 253,494.97
2,847.06
67,727.11 None
1,354. 77 None
None None 25,000.00 50,000.00 46,161.19 None

Total Liabilities.

.......$ 790,457.46

STATEMENT
Showing condition at the close of business December 31, 1962, of RICHLAND BANKING COMPANY Richland, GL

As called for by the Superintendent of Banks

E. W. PARISH, President.
Date of Charter: 10-13-1927

REBECCA PARISH, Cashier.
Began Business: 10-15-1927

ASSETS

Cash, balances with other banks, in-

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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding ..

Other Assets.

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

161,954.56 629,315.34
22,891.58 359,875.00
None 149,698.34
10,197.00 None
None None None

Total Assets ...

.. ..... $ 1,333,931.82

LIABILITIES

Demand deposits.

. ..$

Time deposits. . . . . . . . . . . . . ..

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

Deposits of States and political sub-

divisions ................... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

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

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

Undivided profits.

Reserves ....

768,214.81 293.223.87
26,158.45
81,914.64 33,1.58.46
1,239.09 None
None 22.50 40,000.00 60,000.00 30,000.00 None

Total Liabilities...............$ 1,333,931.82

116

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31. 1962, of BANK OF RINGGOLD Ringgold, Ga.

As called for by the Superintendent of Banks

J. H. TRIMMIER, President.
Date of Charter: 8-26-1904

AMALEE C. YATES, Cashier.
Began Business: 8-1904

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligatio_n~ of States and political
subdtVlSlODS ..................
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . .. Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding .... . Other Assets................... .

875,993.29 944,613.63 104,636.57 503,968.75
None 717,249.43
10,802.80 1.00
None None 1,606.55

Total Assets .................. $ 3,158,872.02

LIABILITIES

Demand deposits.

.s

Time deposits............... .

Deposits of V. S. Government ..... .

Ddi~i!1~n~f. ~~~~~s ~~-~ -~~lit.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 ....

1,392,296.17 865,714.64 54,202.59
600,762.72 None
1,239.96 None
None None 100,000.00 100,000.00 44,655.94 None

Total Liabilities.............. S 3,158,872.02

STATEMENT
Showing condition at the close of business December 31. 1962, 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 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 real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

200,543.10 376,517.86
22,926.26 219,387.50
None 31/l';483.03
6,128.85 None
None None None

Total Assets ..................$ 1 ,140, 986. 60

LIABILITIES Demand deposits. . ............. S Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i~l~~~f. ~~~~~s. ~~-~ -~~l~t.i~~~- _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. ........................ .
~':,"Ji~'d;,ctp~~tiis'.. .... ::::::::::::
Reserves.......... . ........... .

541,127.42 347.764.93
None
134,497.81 None
27,437.93 None
None 5,000.00 50,000.00 30,000.00 2,158.51 3,000.00

Total Liabilities...............$ 1,140, 986.60

1

FORTY-THIRD ANNUAL REPORT

117

STATEMENT
Showing condition at the close of business December 31, 1962, of ROCHELLE STATE BANK Rochelle, Ga.

As called for by the Superintendent of Banks

W. K. HOLT, SR.,

MATT W. ESTES,

President.

Cashier.

Date of Charter: 7-8-1947

Began Business: 8-1-1947

============~========~========~

-~:O:I'ETH

Cash, balan<'('S with other bankt-<, in-

eluding rP~Prve balances, and eash

itPms in pro{'Pss of collection. . . . . $

lnitf'd KtatPs GovernmPnt obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivi:;iom; . .

.... .... ..

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

FPderal l{pservp Bank). . . . . ..

Loans and discounts (including ovcr-

draftH) . . . . . . . . . . . . . . ....

Bank premisC's owned, furniture and

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

Heal estatf' owned other than bank

prrrnises. . . . . . . . .....

lnvPstments and other ass<'ts indi-

TC'ctly rf'presf'nting bank premise~

or other real f'statf'. . . . . . . . . .

Customers' liability to this bank on

acceptances outstanding ..

Other Assets.

497,614.15 332,165.63
19,547.95 None None
350,618.03 4,515.69 None
795.60 None None

LIABILITIES

Df'mand deposits.

.$

Time deposits... . . . . . . .

Deposits of lT. S. Gov(rnmcnt ..... .

Deposits of States and political sub-

divisions .....

Deposits of banks. . . . . . . . . . .....

Othf'r deposits (certifiPd and officers'

fhecks, Pte.).

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

Acceptances f'Xecuted by or for ac-

count of this bank and outstand-

ing....... .

Other liabilities.

Capital.

Hurplus. . . . . ...

C ndivided profits.

Hcscrvc~.

666,481.36 271,871.31
25,398.50
122 '968. 24 None
4,137.57 None
None 3,463.00 50,000.00 30,000.00 .30 '937 .07
None

Total Assets.....

. $ 1,205,257.05

Total Liabilities.

. ..... $ 1,205,257.05

~~~~-

~~~~-~-~~~-

STATEMENT Showing condition at the close of business December 31, 1962, of
THE ROCKMART BANK Rockmart, Ga.

As called for by the Superintendent of Banks

M.A. PERRY, President.
Date of Charter: 10-30-1900

JAMES E. WHITE Cashier.
Began Business: 1900

ASSETH Cash, balancc8 with other banks, in-
eluding reserve balances, and cash
items in process of collection ...... $ {_;nited States Government obliga-
tions, direct and guaranteed.... . Obligations of States and political
subdivisions . . . . . . . . . . . . . . . . Other bonds, notcH, 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 prernises or other real estate. . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.
Other Assets.

908, 177.41 1,448,578.50
261,970.48 139,797.35
None 2,164,152. 64
70,383.61 None
None None 1, 234. 13

Total Assets.

....$ 4,994,294.12

LIABILITIES

Demand deposits.

. ....$

Time deposits. . . . . . . . . . . . . . . . . . . . .

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

Deposits of States and political sub-

divisions. . . . . . .

D<.'posits of banks. . . . . . . . . . . . . . . . .

Other deposits (eertified and officers'

checks, etc.).

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities ..

Capital. .... .

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

lTndivided profits.

Hcservet5 ....

1,939,766.87 2, 392, 350. 39
29,831.16
201,551.64 None
16,677.67 None
None 23,261.04 100,000.00 100,000.00 120,088.20 70,767.15

Total Liabilities..

. $ 4,994,294.12

118

- - - - - - - - - - - - - - - -D-E P A R T M E N T

OF

BANKING
---------

STATEMENT
Showing condition at the close of business December 31, 1962, of THE ROME BANK AND TRUST COMPANY Rome, Ga.

As called for by the Superintendent of Banks

J. B. DODD, JR., President.
Date of Charter: 4-5-1945

WALLACE C. REED, Cashier.
Began Bu.siness: 10-1-1945

ASSET8

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

enited 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

~~M.

.

. ..

Investments and other assf'ts indi-

rectly representing bank premises

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

Customers' liability to this bank on

acceptances outstanding.

Other Assets. . . . . . .

1,211,346.96 3,428,615.04 1,139, 580.66
209,916.41 None
3,466,172.49 11,221.03
N~
210,000.00 None
34,782. 08

Total Assets .................. $ 9, 711,634.67

LIABILITIE8

Demand deposits.

. .$

Time deposits............... .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . .....

Other deposits (certified and officers'

checks, etc.) .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities .. .

Capital..

Surplus ........ .

Undivided profits.

Hcserves ....

3,640,675.23 3,678,360.54
272,264.90
1,210,153.01 37,736.97
14,641.99 None
None None 352,000.00 200,000.00 1,553.12 304,248.91

Total Liabilities ...............$ 9,711,634.67

STATEMENT
Showing condition at the close of business December 31, 1962, of ROSWELL BANK Roswell, Ga.

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

Ati8ET8 Ca~:;h, balances witlt other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 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 representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.
Other Assets......................

975,592.67 1,228,212.80
491,731.54 480,135.00
None 4,549,565.19
46,368.10 None
None None 25,212.51

Total Assets .................. $ 7,796,817.81

LIABILITIE8

Demand deposits ..................$

Time deposits..................

Deposits of U. 8. 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 outstand-

ing ........ .

Other liabilities.

Capital. .. .

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

Undivided profits .... .

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

2,954,952.44 3,037,061.22
120,107.22
529,368.74 277.957.56
82,716.87 None
None 160,245.72 150,000.00 250,000.00 34,408.04 200,000.00

Total Liabilities .............. $ 7,796,817.81

1

FORTY-THIRD ANNUAL REPORT

119

STATEMENT
Showing condition at the close of business December 31, 1962, of TRI-COUNTY BANK OF ROYSTON Royston. Ga.

As called for by the Superintendent of Banks

LAWSON McCONNELL,

JOE E. RIDGWAY,

President. Date of Charter: 8-9-1941

Cashier. Began Business: 9-1-1941

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ..... $

enitcd Htates Government obliga-

tions, direct and guaranteed . . . . .

Obligations of States and political

8ubdivisions. . . . . . . . . . . . .

Other bonds, notes, and debPnturPs. .

Corporate stocks (in<'luding stoek of

Federal Heservc Bank)... . . . . . .

Loans and diseounts (including over-

drafts). ..

. .. .. .. .. . .

Bank premises owned, furniture and

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

Real estate owned other than bank

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

lnvPstments and other assets in(H-

rectly rC'prrsenting bank premises

or other rPal estate. . Customers' liability to

.... this

b~~k.

~~

acceptances outstanding.

Other Assets.

759,579.27 1,400,012.82
956,120.48 199,500. ()()
None 869,855.02
20,723.87 None
None None None

Total Assets .....

"". $ 4,205,791.46

LIABILITIES Demand deposits............ . . .$ Time deposits... . . . . . . . ..... . Deposits of t~. S. Government ..... .
Deposits of States and political subdivisions ...... .
Deposits of banks ................ . Other deposits (certified and officers'
f'}H.'f'ks, etc.) .
Bills payable. . . . . . . . . . . . . . . . . . . .. Acceptances executed by or for ac-
count of this bank and outstanding ....... . Other liabilities. Capital.
Rurplus ........ . Undivided profits. H.Pserves ....

2,133. 996.92 1,523,993.04
42,686.40
232,685.46 None
90.75 None
None 28,012.13 100,000.00 100,000.00 44,326.76
None

Total Liabilities.

..... $ 4,205,791.46

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF RUTLEDGE Rutledge, Ga.

As called for by the Superintendent of Banks

J. M. GRIFFIN, President.
Date of Charter: 9-24-1898

C. B. VINING, Cashier.
Began Business: 10-1-1898

ASi::iETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S

L~nited 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 es.tate owned other than bank

prerruses. . . . . . . . . . . . ......... .

Investments and other assets indi-

rectly representing bank premises

or other r Customers'

eal estate .. liability to

... . this

"b~~k

on

acceptances outstanding.

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

174,907.48 451,846.42
36,616.51 67,937.50
None 722,084.50
1,465.78 None
None None None

Total Assets ...

""" .$ 1,454,858.19

LIABILITIES

Demand dcpm;its .................. $

Time dcposits .................... .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . . . . .

Other dPposits (certified and officers'

cheeks, etc.).

Bills payable. Acceptances executed

.by

o~ . i~r ~~

count of this bank and outstand-

ing ....... .

Other liabilities.

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

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

l'ndivided profits........... .

H.cscrves ............... .

416,917.22 511,236.16
6,385.18
370,783.07 None
1,225.37 None
None None 25,000.00 50,000.00 67,534.18 5,777.01

Total Liabilities.

. ........ $ 1,454,858.19

1

120

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of SAINT MARYS STATE BANK Saint Marys, Ga.

As called for by the Superintendent of Banks

J. B. MILLER, Presioent.
Date of Charter: 4-12-1955

FLEM J. HALL, Cashier.
Began Business: 8-4-1955

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... 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 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{eal estate ............ . Customers liability to this bank on
acceptances outstanding......... .
Other Assets................... .

320,787.05 494,697.22
None 139,875.00
None 720,514.57
10,774.58 16,490.47
None None 1,154.11

Total Assets. , ................ $ 1, 704,293.00

LIABILITIES

Demand deposits. .

. ....$

Time deposits... . . . . . . . . .

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

Ddi~i!1~n~f. ~:~~~s. ~~-~ -~~l~t.i~~l. _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 ..... .

620,071.21 489,160.86 193,291.61
204,580.22 None
3,432.11 None
None 48,707.39 50,000.00 75,000.00 20,049.60
None

Total Liabilities...............$ 1,704,293.00

STATEMENT

Showing condition at the close of business December 31, 1962, of

ST. SIMONS STATE BANK St. Simons Island, Ga.

As called for by the Superintendent of Banks

J. H. LESTER, JR., President.
Date of Charter: 4-24-1950

C. W.- LANCE, Cashier.
Began Business: 6-1-1950

Ai>i>ETS Cash, ba1anccs with other banks, in-
c1uding reserve balanees, 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 in(lircctly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

468,662.26 483,833.22
38,166.30 104,970.32
142.77 1,086,136.75
19,844.01 None
5,600.79 None
3,431.19

Total Assets ....... ".

..... $ 2,210,787.61

LIABILITIES

Demand deposits................. S

Time deposits................... .

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

Deposits of States and political sub-

divisions ...................... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

Surplus.........

. ......... .

Gndivided profits.

H.eserves .....

1,063,931.48 755,108.70 73,677.04
151,502.20 33,011.01
686.70 None
None 8, 700.00 75,000.00 40,000.00 7,120.48 2,050.00

Total Liabilities.............. S 2,210,787.61

1

FORTY-THIRD ANNUAL REPO:___R__ T _ _ __

121

STATEMENT
Showing condition at the close of business December 31, 1962, of THE GEO. D. WARTHEN BANK Sandersville, Ga.

As called for by the Superintendent of Banks

C. FINDLAY IRWIN, SR., President.
Date of Charter: 3-18-1957

JOHN D. EVERETT, Cashier.
Began Business: 3-18-1957

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... I

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 representing bank premises

or other real estate. . Customers' liability to

.... this

'b~n.k.

on

acceptances outstanding.

Other Assets.

l ,454, 110.94 2,137,088.52
331,227.86 39,462.50 None
2,257,272.52 1. 00
17,500.00
None None None

Total Assets .....

. .... $ 6,236,663.34

LIABILITIES

Demand deposits.

$ 3,739,772.83

Time deposits... . . . . . . . . .

1,143,056.01

Deposits of lJ. ~. Government ..... . 141,279.16

Deposits of States and political sub-

Q.ivisions ..... .

608,987.56

Dtlfposits of bankS. . . . . . . . . . . .....

None

Other deposits (certified and officers'

checks, etc.).

24,039.83

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

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing ....... .

None

Other liabilities.

None

Capital. ........ .

200,000.00

~~Sl~id.ed. p;~fit;.

200,000.00 179,527.95

Reserves ..

None

Total Liabilities.......... . $ 6,236,663.34

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF SARDIS Sardis, Ga.

As called for by the Superintendent of Banks

W. H. SMITH, President.
Date of Charter: 4-27-1945

L. F. BARGERON, Cashier.
Began Business: 7-2-1945

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ......$ United States Government obligations, direct and guaranteed ..... . 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 imlirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. Other Assets.

Total Assets ...

.... $

210,433.60 142,957.31
12,052.74 25,000.00
None 351,880.73
4,206.65 None
None None None 746,531.03

LIABILITIES Demand deposits.................. $ Time deposits................... . Deposits of U. S. Government ..... . Deposits of States and political sub-
divisions....... . ............ . Deposits of banks. . . . . . . ........ . Other deposits (certified and officers'
checks, etc.) ............... . Bills payable. . . . . . . . . . . . . . . . . . . . Acceptances executed by or for ac-
count of this bank and outstanding ......... . Other liabilities .. Capital. .......... . Surplus ......... . Undivided profits.
Reserves ....

~57 ,309.04 250,930.47
1,774.72
137,374.62 835.34
3,881.16 None
None 4,739.03 25,000.00 40,000.00 24,686.65
None

Total Liabilities.............. S 746,531.03

122

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, 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 with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

442,648.06 1,035. 700.00
74,583.75 8,000.00 None
2,531,870.16 76,036.12 13,441.86
None None 1,648.39

Total Assets ................. S 4,183,928.34

LIABILITIES Demand deposits...... . . . . . . . . $ Time deposits. . . . . . . . . . . . . ..... . Deposits of U. S. Government ..... .
DJiZi!~n~f. ~~~~~s. ~~-d. -~~l~t.i~~l. _s~~

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .

Bills payable. . . . . . . . .

.

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities....... .

Capital. ... .

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

Undivided profits ..

Reserves ..... .

None 3,144,378.82
None
310,000.00 10,000.00
4,908.54 None
None 243.38 100,000.00 400,000.00 214,397.60
None

Total Liabilities.............. S 4,183,928.34

STATEMENT
Showing condition at the close of business December 31, 1962, of THE CARV.t:R STATE BANK Savannah, Ga.

As called for by the Superintendent of Banks

L. D. PERRY, President.
Date of Charter: 4-29-1947

C. BERNARD NICHOLS, Cashier.
Began Business: 6-4-1947

ASSETS Cash, ba1ances with other banks, in-
c]uding 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 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..................... .

352,982.17 184,650.20
35.782.15 70,000.00
None 702,504.56
39,758.64 None
None None 132.21

Total Assets .................. S I ,385,809. 93

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

118,063.95 969,571.68
None
5,600.00 22,000.00
5,026.20 None
None 4,575.52 150,000.00 55,720.00 35,252.58 20,000.00

Total Liabilities.............. $ 1,385,809.93

l

FORTY-THIRD AN_N_U~~_REPORT____

123

STATEMENT
Showing condition at the close of business December 31, 1962, of CHATHAM SAVINGS BANK Savannah, Ga.

As called for by the Superintendent of Banks

ELTON W. CREECH, President.
Date of Charter: 8-11-1953

GILBERT G. WOOD, Secy. & Treas.
Began Business: 8-11-1953 ===--==----'--- ___ - - -

ASSETS

Cash, balances with other hanks, in-

cluding reserve balances, and cash

items in process of collection. . . . S

l,.nited State's Government obliga-

tions, dirC'ct and guaranteed .....

Obligations of States and political

subdivisions . . . . . . . . . . . .....

Other bonds, notf's, and debenturPs ..

Corporate stoeks (including stock of

Federal H(serv( 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 prernises

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

Customers' liability to this bank on

acceptances outstanding.

Other Assets.

Total Assets ...

s

310,291.22
150,000.00
399,678.73 None
1.00
2,562 '757 .oo
3, 149.93
4,623.90

LIABILITIES

D'mand deposits

.. $

Time deposits...... . ...

DPposits of lT. S. GovPrnment ..... .

Deposits of Stat'::> and politiral sub-

divisiom5 ...... .

DPposits of banks. . . . . . . . . . .....

Otlwr dPposits (eertifiPd and offirers'

('hf'cks, Pte.).

Rills payablC'. . . . . . . . . . . . . . .

.Acr'ptan<'('8 PXC'f'UtC'd by or for ac-

count of this bank and outstand-

ing ....... .

OthC'r liabilities.

Capital..

Surplus. . . . . . .

lTndivided profits.

Reserves.

3,169.84 2,571 ,355. 70
800.72
55,666.37 10,000.00
5,283.00 None
None 16,157.27 300,000.00 300,000.00 173,141.40
None

None

None 5,072.52

3,435,574.30

Total Liabilities.

s 3,435,574.30

------------------------

STATEMENT
Showing condition at the close of business December 31, 1962, of GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks

H. M. DUNN, President.
Date of Charter: 7-29-1909

S. A. BREWTON, Cashier.
Began Business: 8-4-1909

ASSETS
Cash, balances with other banks, incJuding reserve balances, and cash items in process of collection ...... S
Lnited States Government obligations, direct and guaranteed . . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . ....
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-
rectly representing bank premises
or other real estate .......... . Customers' liability to this bank on
acceptances outstanding ..
Other Assets.

721,405.24 769 '156. 25 931,255.70
None None 7,652,477.45 126,081.62 28,000.00
None None 9,834.41

LIAI3ILITIES

Demand dcposits.

.S

Time deposits .............. .

Deposits of U. S. GovPrnmPnt ..... .

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 outstand-

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

Other liabilities .. .

Capital....

. ........ .

Surplus ........ .

Undivided profits.

Hescrvcs ...

None 8,845,091.55
None
239,335.18 45,000.00
27,576.97 None
None 86,896.39 325,000.00 450,000.00 159,310.58 60,000.00

Total Assets ...

. . . . . . . . . $ 10,238,210.67

Total Liabilities.....

s 10,238,210.67

----------------

124

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of INDUSTRIAL SAVINGS BANK OF SAVANNAH Savannah, Ga.

As call~rl for bv the Superintendent of Banks

L. R. WYLLY, JR.,

A. B. GAMMON,

President. Date of Charter: 5-20-1954

Cashier. Began Business: 5-20-1954

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obliga-
tions, direct and guaranteed ..... . 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 hank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding...... . Other Assets.................. .

254,031.92 565,546.88
50,000.00 None None
1,381,152.32 17,631.04 3 ,639. 54
None None 4,413.19

Total Assets .................. S 2,276,414.89

LIABILITIES

Demand deposits.

. ........... $

Time deposits................... .

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

Dq:~o~i!s of States and political sub-

dtvtswns ....... .

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 ....

310,058.39 1,290,422.00
None
191,138.30 None
17,968.35 None
None 141,433.39 150,000.00 100,000.00
66,866.94 8,527.52

Total Liabilities............... $ 2,276,414.89

STATEMENT

Showing condition at the close of business December 31, 1962, 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

STANLEY G. GIBSON, JR., Cashier.
Began Business: 7-1-1869

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ..... $ 11,364,117.87

United States Government obliga-

tions, direct and guaranteed...... 14,908,597.34

Obligations of States and political

subdivisions ................... . 2. 979,069.84

Other bonds, notes, and debentures ..

196,026.26

Corporate stocks (including stock of

Federal Reserve Bank). . . . . . . . . Loans and discounts (including over-

120,001.00

drafts)......................... 24,342,621.94

Bank premises owned, furniture and

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

843,183.71

Real estate owned other than bank

premises...................... . Investments and other assets indi-

None

rectly representing bank premises

or other real estate .......... . Customers' liability to this bank on

None

acceptances outstanding ...

28,906.75

Other Assets.

485,056.24

Total Assets ....

$ 55,267,580.95

s LIABILITIES
Demand deposits................. . 23,267,098.73

Time dcposits.................... . 17,701,614.93

Deposits of U. S. Government. .... . 1,170,316.46

Deposits of States and political sub-

divisions ...................... . 3,268,671.55

Deposits of hanks ................ . 3,425,976. 92

Other deposits (certified and officers'

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

387 ,911.'77

Bills payable .................... , .

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

28,906.75

Other liabilities................... . 1,029,459.30

Capital. ......................... . 1,500,000.00

Surplus........... . ........... . 2,500,000.00

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

885,578.61

lteserves. . . .

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

102,045.93

Total Liabilities. . . . . . . . . . . . . . . S 55,267,580. 95

FORTY-THIRD ANNUAL REPORT

125

-------

STATEMENT
Showing condition at the close of b1.1siness December 31, 1962, of FARMERS AND MERCHAN'DS 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

Cash, balances with other banks, in-

cluding reserve balanct's, and cash

items in process of collection. . . . . S

l 'nited States Government obliga-

tions, din>ct and guarantePd .....

Obligations of States and politieal

subdivisions. . . . . . . . . . . ...

Other bonds, notPs, and debentures ..

Corporate stoeks (ineluding stock of

FedPral Heservc Bank)... . . . . .

Loans and discounts (including ovPr-

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

Bank premises ownf'd, furniture and

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

Real estate owned other than bank

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

lnvestmPnts and othC'r assets indi-

rectly representing hank premises

or other rC'al f'State ..... . Customers' liability to this

b~~k

on

acceptancps outstanding.

Other Assets.

126,305.28 562,685.15
4,200.00 None None
577 '982. 27 27' 329.58 None
None None 396.00

Total Assets .....

... $ 1,298,898.28

LIABILITIEH

DPmand deposits.

.~

Time deposits... . . . . ..... .

D<'posits of C. S. GovC'rnrnent. . . ..

Deposits of States and political sub-

divisions. . . . . . .......... .

DPposits of banks. . . . . . . . . . . .... .

Other dPposits (certified and officers'

checks, Pte.) ..

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

Acceptances executed by or for ac-

count of this bank and outstand-

in~ ......... .

Other liabilitiPs.

Capital.

Hurplus....... .

Pndivided profits.

Hr::;crves.

536,738.75 598,824.84
632.00
58,726.29 None
2,854.14 None
None 8,075.80 30,000.00 55,000.00 8,046.46
None

Total Liabilities.

. ..... s 1.298,898.28

STATEMENT
Showing condition at the close of business December 31. 1962, of BANK OF SHARON Sharon, Ga.

As called for by the Superintendent of Banks

ARTHUR D. BROWN, President.
Date of Charter: 8-29-1904

B. R. DARDEN, Cashier.
Began Business: 9-1904

AHHETH 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 di:::;counts (including ovPrdrafts) . . . . . . . . . . . . . ....... . 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 ...

64,671.32 242,000.00
None None None 70,935.10 301.00 None
None None 2,117.41 380,024.83

LIABILITIEH DPmand dcpo:::;its .................. S Time deposits .............. . DepOsits of U. S. GovernmPnt ..... . Deposits of States and political sub-
divisions ...... . Deposits of banks. . ............. . Other deposits (certified and officers'
checks, etc.) . Bills payable. . . ................. . Acceptances executed by or for ac-
count of this bank and outstanding ......... . Other liabilities. Capital.
Surplus ........ . r'ndividPd profits .. Reserves ..

58,031.60 58,346.08
None
232,055.94 None
81.00 None
None None 15,000.00 16,000.00 510.21 None

Total Liabilities .............. J5 380,024.83

126

DEPARTMENT OF BANKING

--------

-------------------------------------

STATEMENT

Showing condition at the close of business December 31, 1962, of FIRST STATE BANK Shellman, Ga.

As called for by the Superintendent of Banks

J. W. WALKER,

J. W. CURRY,

President.

Cashier.

Date of Charter: 12-31-1958

Began Business: 1-2-1959

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ l 7nited 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 representing bank premises or other re~l estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.
Other Assets.

336,492.80 517,062. 50
5,000.00 25,000.00
None 811,383.88
6, 487.55 None
None None None

Total Assets .................. S 1,701,426.73

LIABILITIES

Demand deposits.

. ....... S

Time deposits....... . . . . . . .

Deposits of l. S. Government......

Ddi~i~t~n~f States and .political su~

Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ......... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding .......................... . Other liabilities................. . Capital.
Surplus ........ . Undivided profits... . ........... . Heserves ......... .

1,130,407.92 163,192.01 13,435.80 188 , 851 . 97 None
11,641.83 None
None 10,000.00 50,000.00 75,000.00 58,897.20
None

Total Liabilities............... S 1,701,426.73

STATEMENT
Showing condition at the close of business December 31, 1962, 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

ca~h, balance~ 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 representing bank premises

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

Customers' liability to this bank on

acceptances outstanding...

Other Assets.

..........

960,100.56 2,039,882.47
844,247.32 574,937.50
None 2,292,125.26
79,167.88 None
None None 8,321.67

Total Assets ...

. .. $ 6,798,782.66

LIABILITIES

Demand deposits................. .

Time deposits.................... .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .

. ......... .

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

Acceptances executed by or for ac-

~ount of this bank and outstand-

Ing .............. .

Other liabilities...... .

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

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

Undivided profits .. .

Reserves ..... .

3,705,689.71 2,068,337.59
111,677.58
230,818.08 None
15,540.33 None
None 110,394.01 275,000.00 175,000.00
81,839.36 24,486.00

Total Liabilities.............. $ 6,798,782.66

_______________F_O_~_X~_THI_~_p _A_N_NUA~__REPORT_____________1_2_7

STATEMENT
Showing condition at the close of business December 31, 1962, of SOCIAL CIRCLE BANK Social Circle, Ga.

As ~ailed for by the Superintendent of Banks

C. E. MOORE,

MARY S. CHANDLER,

President.

Cashier.

Date of Charter: 12-31-1923

Began Business: 3-8-1924

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed: ..... Obligations of States and political subdivisions. . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts).. . . . . . . . . . . . . . . . . . .... Bank premises owned, furniture and
fixtures...... . ................ . Real estate owned other than bank
premises................ . .... Investments and other assets indi-
rectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding ...
Other Assets.

261,084.86 591,070.47
3,000.0Q 50,000.00
None 669,141.15
23,145.73 None
None None None

Total Assets ................. S 1,597,442.21

LIABILITIEH

Demand deposits.

. ...... S

Time deposits........ . .... .

Deposits of "C. S. Government. . . ..

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . .....

Other deposits (certified and officers'

checks, etr.).

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

Acceptancf's executed by or for ac-

count of this bank and outstand-

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

Other liabilities.

Capital.

Surplus ......... .

Cndivided profits.

Reserves.

625,800.48 499,468.50
18,082.58
266,435.55 None
3,750.27 None
None 29,586.07 50,000.00 50,000.00 54,318.76
None

Total Liabilities .......... . $ 1 ,597,442.21

STATEMENT
Showing condition at the close of business December 31, 1962, 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~

ASSETH 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 premi~es ....................... . 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

544,231.38 1 '126 ,532. 76
423 '795. 94 549,981.25
None 1,536,788.87
2,900.00 17,500.00
None None 1,249.99 4.202,980.19

LIABILITIES

Demand deposits.

... $

Time deposits ............... .

Deposits of "C. 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 outstand-

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

Other liabilities .. .

Capital. ..

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

Undivided profits.

Hescrves ....

1,845,286.27 1,481,816.42
56,115.29
433,229.29 None
20,285.82 None
None
82' 144.35 100,000.00 100,000.00
84,102.75 None

Total Liabilities. ........... s 4,202,980.19

128

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF HANCOCK COUNTY Sparta, Ga.

As called for by the Superintendent of Banks

S. H. HOLLIS,

WM. W. ARCHER,

President.

Cashier.

Date of Charter: 10-18-1904

Began Business: 9-5-1904

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S

United States Government 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 representing bank premises

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

Customers' liability to this bank on

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

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

353,028.26 726,202.61 370,193.85 174,937.50
None 1,758,613.81
16,500.00 1. 00
None None None

Total Assets................. S 3,399,477.03

LIABILITIE8

Demand deposits.

. .... S

TDiemp oe sdi tesp oofs iet s..

.. S.

............ Government

. .

. ..

..

.

DJi~i!1~n~f. ~~~~~s. ~~d 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 ........................ .

1,006,538.87 1,599,359.11
44,687.87
460,882.86 None
2,222.97 None
None None 100,000.00 100,000.00 60,785.35 25,000.00

Total Liabilities............... $ 3,399,477.03

STATEMENT
Showing condition at the close of business December 31, 1962, of THE EXCHANGE BANK OF SPRINGFIELD Springfield, Ga.

As called for by the Superintendent of Banks

B. L. RAHN, President.
Date of Charter: 12.30-1907

EMORY A. SHEAROUSE, Cashier.
Began Business: 1-1-1908

AS8ETS Cash, balances with other banks, in-
c1uding 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 over-
drafts). . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly represeiiting bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding..........
Other Assets......................

641,954.35 995,984.38 342,386. 65
None None 1 ,457, 927.37 36,511.84 None
None None None

Total Assets .................. S 3,474,764.59

LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U. S. Government ..... .
DJi~i!l~n~f. ~~~~~s. ~~-~ -~~l~t.i~~l. _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. ......................... .
~;'::'J'l~\':iedp;~fit;.::::::::::::::::
Reserves ........................ .

1,220,418.41 1,748,592.95
2,014.51
246,738.72 5,000.00
None None
None None 100,000.00 100,000.00 52,000.00 None

Total Liabilities.............. $ 3,474,764.59

FORTY-THIRD ANNUAL REPORT

129

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF STAPLETON Stapleton, Ga.

As called for by the Superintendent of Banks

J. C. KILGORE,

J. C. KILGORE,

President.

Cashier.

Date of Charter: 3-20-1916

Bee-an Business: 1916

ASSETS

Cash, balances with other banks, in-

s cluding reserve balances, and cash
items in process of collection ..... .

LTnited States Government obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions . . . . . . . . . . . . . . . .

Other bonds, notes, and debentures ..

Corporate sto(ks (including stock of

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

Loans and discounts (including over-

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

Bank premises owned1 furniture and fixtures ........................ .

Rea] estate owned other than bank

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

Investments and other assets indi-

rectly representing bank premises

or other real estate. . Customers' liability to

.... this

'b~~k.

on

acceptances outstanding.

Other Assets.

s Total Assets .............. .

436,198.87 515,017.50 137,460.61 360,039.06
None 211,127.09
7,850.40 None
None None None 1 ,667,693. 53

LIABILITIES

Demand deposits.

. .$

Time deposits. . . . . . . . . . . . .

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

Deposits of States and political sub-

divisions. . . . . .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities ..

Capital.

Surplus ....... .

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

Reserves ...

1,119,118.94 253 '919. 27 5,840.08
150,508.33 None
3,412.54 None
None None 25,000.00 55,000.00 54,894.37 None

Total Liabilities.

.... s 1,667,693.53

STATEMENT
Showing condition at the close of business December 31, 1962, of BULLOCH COUNTY BANK Statesboro, Ga.

As called for by the Superintendent of Banks

W. G. COBB, President.
Date of Charter: 1-19-1934

J. BRANTLEY JOHNSON, Cashier.
Began Business: 4-14-1934

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... 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 over-
drafts)...... . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. Other Assets. . . . . . . . . . .

Total Assets.

..... s

927,857.91 1 ,764,940. 96
706,028.19 None None
2,281,279.50 132, 392. 85 None
None None None 5,812,499.41

LIABILITIES Demand deposits................. $ Time deposits................... Deposits of U.S. Government...... Deposits of States and political sub-
divisions ...... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) . Bills payable. Acceptances Pxecuted .by . ~; .f~r ac~
count of this bank and outstanding ........ . Other liabilities.
Capital. ...................... . Surplus ......... . Undividcd profits .. . Reserves . . . .....' ..

3,340,965.53 1,177,313.28
98,935.34
542,542.76 90,704.54
17,735.73 None
None 27,965.26 200,000.00 200,000.00 86,336.97 30,000.00

Total Liabilities.............. S 5,812,499.41

130 _ _ _ _ _ _ _ _ _ _D_E_P_A_RTMENT OF BANKIN_G_ _ _ _ _ _ _ _ _~

STATEMENT
Showing condition at the close of business December 31, 1962, 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-
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 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' liabi1ity to this bank on acceptances outstanding. Other Assets. . . . . . . . . . . . . . . . . . . . .

1 ,637,115. 29 1, 775,323.45
280,241.74 None None
4,431,632.28 95,222.93 None
None None 17, 155. 22

Total Assets .................. $ 8,236,690.91

LIABILITIES

Demand deposits.

. ... $

Time deposits... . . . . . ..... .

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

Deposits of States and political sub-

divisions ..................... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .. .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................. .

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

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

Undivided profits...... .

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

4,464,817.45 1,584,016.30
122,942.14
1,188,182.47 53,661.40
76,812.22 None
None None 150,000.00 425,000.00 128,745.81 42,513.12

Total Liabilities.............. $ 8,236,690.91

STATEMENT

Showing condition at the close of business December 31, 1962, 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

At:;SETS

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 incli-

rectly representing bank premises

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

Customers' liability to this bank on

acceptances outstanding ...

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

381,175.55 595,282.32
None 175,693.59
None 1,052,545.33
3,812.41 None
None None 12,782.81

Total Assets ...

. .......... $ 2,221,292.01

LIABILITIES Demand deposits................. $ Time depositS .................... . Deposits of U. S. Government ..... .
Ddi~i~l~n~f. ~~~~es ~~-~ -~~l~t.i~~~ ~~~

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.). .

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities ................... .

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

~~Ji~i~led' P~~fiis. . .: ~ ~:: ......... .

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

1,258,760.62 616,785.13 20,362.50
83,201.67 None
8,902.66 None
None 63,662.41 100,000.00 20,000.00 48,350.39
1,266.63

Total Liabilities.............. S 2,221,292.01

FORTY-THIRD ANNUAL REPORT

131

STATEMENT
Showing condition at the close of business December 31, 1962, of FARMERS & MERCHANTS BANK Summerville, Ga.

As called for by the Superintendent of Banks

D. L. McWHORTER,

JAMES F. KING,

President.

Cashier.

Date of Charter: 2-5-1926

Began Business: 2-6-1926

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and eash

items in process of collection. . . . S

Cnited States Government obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions. . . . . . . . . . . .

..

Otlwr bonds, notes, and debentures ..

Corporate stoeks (including stock of

Federal Hescrvc Bank)... . . ..

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

Real estate owned other than bank

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

Investments and otlwr assPts in(lirectly repres'nting bank premi~H'S

or other real estate ..... . Customers' liability to this

b~~k..

~n

acceptances outstanding.

OtherAssets.

.... .

1,121,879.72 2,881,735.10
785,548.97 249,812.50
None 2,307,978.40
37,000.00 None

LIABILITIE'"l

Demand dC'posits.

. ... $

Time deposits. . . . . .

. ..

Deposits of e. S. Government ..... .

Deposits of StatC's and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . . .

Othf'r deposits (<f'rtifif'd and offitPrs'

che<'ks, Pte.) ..

BillH payable. . . . . . . . . . . . . . . .

.Af'ceptances executed by or for. ac-

count of this bank and outstand-

ing ........ .

Otlwr liabilities.

Capital.

~urplus. . . . . .

l'ndividPd profits.

HPserves.

None

None 9,816.541

4,039. 792.73 1,599,589.62
304,236.03
700,129.19 None
9,632.48 None
None 4,040.00 200,000.00 400,00.000 25,000.00 111,351.18

Total AHscts. . .

. ........ $ 7, 393,771.23
. - - ~----------

Total Liabilities. -

.. $ 7,393,771.23

STATEMENT
Showing condition at the close of business December 31, 1962, of THE CENTRAL BANK Swainsboro, Ga.

As called for by the Superintendent of Banks

I. W. ROUNTREE,

RAYMOND RINER,

President. Date of Charter: 10-27-1920

Cashier. Began Business: 11-9-1920

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

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection. . . . . .

Lnited 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 representing bank prPmises

or other real estate. . Customers' liability to

.... this

"ba~k

on

acceptances outstanding.

Other Assets.

:$ 504,795.87 1,124,030. 65
45,485.18 81,490.38
None 1,683,675.52
73,432.56 None
None None None

LIABILITIES

Demand deposits.

..S

Time deposits. . . . . . . . . . . . . . . . . .

Deposits of C. S. Government. . . . . .

Deposits of States and political sub-

divisions .....

DPposits of banks ................ .

Other deposits (cPrtified and officers'

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

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

Aceeptances executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities.

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

Sr unrdpilvuisd.e.d.p.

...... rofits.

.

.

.

.

.

.

.

.

.

.

.

Reserves ..

1,528,709.32 1, 251,103.74
82,882.35
241,786.97 122,344.51
13,977.85 None
None None 100,000.00 160,000.00 12,105.42 None

Total Assets ...

. . . $ 3,512,910.16

Total Liabilities .

$ 3., 512.910.16

132

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

STATEMENT

Showing condition at the close of business December 31, 1962, of THE CITIZENS BANK OF SWAINSBORO Swainsboro, Ga.

As called for by the Superintendent of Banks

H. C. EDENFIELD, President.
Date of Charter: 11-10-1900

JAMES R. SMITH, Cashier.
Began Business: 1900

ASSET::> Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S "Cnited Htates Government obliga-
tions, direct and guaranteed. . . . . . Obligat_io!l~ of StatcH and political
subdtvtswns. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (ineluding stock of
Federal Reserve Bank)... . . . . . . . Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises ownf'd, furniture and
fixtures...................... . . Rea] estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . Investments and other assets in(li-
rectly representing bank premises
or other real estate. . . . . . . . . . . Customers' liability to this bank on
acceptancrs outstanding.
Other Assets. . . .

1,149,360.11 1,230, 921.75
255,298.55 None None
2, 752,705.47 97,025.55 None
None None 913 .43

Total Assets .................. $ 5,486,224.86

LIABILITIE::>

Demand deposits.

. ........... $

Time deposits... . . . . . . . . . . . . .

Deposits of L ::>. Government. . . . . .

Deposits of States and political sub-

divisions .....

DPposits of bankt-:i. . . . . . . . . . . . . . . .

Other dPposits (certifi(d 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 ....

2,171, 181.05 1, 911,306.97
205,166.65
577,505.60 186,306.08
18,870.80 None
None 30,320.86 125,000.00 250,000.00 10,566.85
None

Total Liabilities............... S 5,486,224.86

STATEMENT

Showing condition at the close of business December 31, 1962, of
BANK OF SCREVEN COUNTY Sylvania, Ga.

As called for by the Superintendent of Banks

C. L. MILLER, President.
Date of Charter: 4-10-1911

J. A. FITZNER, Cashier.
Began Business: 2-28-1930

AS::>ETS

CaHh, baltuH'PH with othf'r banks, in-

cluding rf'scrve balances, and caHh

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

tlnihd Htatcs Government obliga-

tions, direct and guaranteed ....- .

Obligations of Htates and political

subdivisions............ . . .

Other bonds, notes, and debPntures.

Corporate stocks (including stock of

Federal HPserve Bank)... . . . . .

Loans and discounts (ineluding ovf'r-

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

Bank premises owned, furniture and

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

Heal estate owned other than bank

~m~

.

Investments and other assets indi-

rectly rf'prescnting bank pnmises

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

Customers' liability to this bank on

acceptances outstanding...

Other Assets.

Total Assets ...

..s

816,929.33 722,645.42 774,500.59
None None 2,387,698.26 15,000.00
N~
None None None 4,716,773.60

LIABILITIE::>
Demand deposits. . . . . . . . . . . . .$ Time deposits.................. Deposits of l. H. Government...... Deposits of ::>tates and political sub-
divisions...... Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.). . . . . . . . . . . . . . . . . . . . Bills payable..... . . . . . . . . . . . . . . . . . AcceptancPs executed by or for ac-
count of this bank and outstanding ........ . Other liabilities. Capital. .. . Hurplus ......... . tTndividrd profits. Hescrves ...

1, 794,291.41 1,655,573.85
82,413.76
704,866.59 None
6,135. 76 None
None None 100,000.00 150,000.00 223,492.23 None

Total Liabilities............. $ 4,716,773.60

FORTY-THIRD ANNUAL REPO=--R=.:-_ T _ _ _ _ _ __ 133

STATEMENT
Showing condition at the close of business December 31, 1962, of FARMERS AND MERCHANTS BANK Sylvania, Ga.

As called for by the Superintendent of Banks

W. B. LOVETT, President.
Date of Charter: 2-18-1946

B. E. BLACKBURN, Cashier.
Began Business: 3-1-1946

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 representing bank premises

or other real estat Customers' liability

e ...... to this

.b.~~k

.

~~

acceptances outstanding.

Other Assets ...

582,257.85 554,715.67 245,620.33 100,000.00
None 1,105,111.11
9,794.77 None
13,200.00 None None

Total Assets .................. $ 2, 610,699. 73

Demand deposits .. LIABILITIES. .s

Time deposits... . . . . . . . .... .

Deposits 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 outstand-

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

Other liabilities ..

Capital.

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

Undivided profits ..

Reserves ..

1,166,189.43 977,975.18 19,135.67
266,950.50 None
5,467.95 None
None None 65,000.00 60,000.00 49,981.00 None

Total Liabilities....

s 2,610,699. 73

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF WORTH COUNTY Sylvester, Ga.

As called for by the Superintendent of Banks

W. J. CROWE,

LF.nN A RD SUMNER,

President.

Cashier.

Date of Charter: 4-28-1945

Began Business: 11-1-1945

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . ..... Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises...................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding... . Other Assets............... .

379,811.39 330,317.38 194,402.20 600,437.50
None 1,342. 963.01
6,000.00 None
40,000.00 None
4,119.66

Total Assets ...

$ 2,898,051.14

LIABILITIES

Demand deposits.

. ......... S':

Time deposits...................

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

De!>o~its of States and political sub-

diVISions ...................... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) ..

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

Acceptances executed by or for ac-

~ount of this bank and outstand-

1ng .......... .

Other liabilities .. .

Capital. ... .

Surplus ........ .

Undivided profits.

Reserves ....

1,400,068.32 1,012,786.64
38,367.55
130,974.52 19,349.72
50,548.81 None
None 20,586.20 100,000.00 100,000.00 20,039.05
5,330.33

Total Liabilities............... $ 2,898,051.14

134

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1962, of
SYLVESTER BANKING COMPANY Sylvester, Ga.

As called for by the Superintendent of Banks

T. M. PURDOM, President.
Date of Charter: 7-5-1898

HUBERT V. JONES, Cashier.
Began Business: 7-1898

ASSETS Cash, balances with other banks, in-
cJuding 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 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..................... .

567,825.14 2,184,145.00
19,000.00 32,861.29
None 2,247,187.16
73,000.00 None
None None None

Total Assets .................. $ 5,124,018.59

LIABILITIES

Demand deposits... . . . . .

. ... $

Time deposits.................... .

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

Del?o~i~s of States and political sub-

diVISions ........ .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities........ .

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

Surtus ......................... .

Un ivided profits................. .

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

2,277,209.94 2,135,977.68
33,888.98
261,163.02 None
19,707.14 None
None 41,071.83 100,000.00 150,000.00 105,000.00
None

Total Liabilities............... $ 5,124,018.59

STATEMENT
Showing condition at the close of business December 31, 1962, of THE PEOPLES BANK OF TALBOTTON Talbotton, Ga.

As called for by the Superintendent of Banks

MRS. ELIZABETH P. PERSONS, President.
Date of Charter: 12-9-1890

MARY SLADE Cashier.
Began Business: 1-13-1891

ASSETS Cash, balances with other banks, in-
cluding reserve l)alances, and cash iterns 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 OWJled 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.................... .

206,482.82 431,485.00
16,393.05 208,968.75
None 211,951.45
2.00 476.00
None None None

Total Assets .................. $ 1,075,759.07

LIABILITIES
Demand deposits.................. S Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~i~l~n~f- ~~~~~s. ~~-~ -~~l~t-i~~~ _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 ........................ .

508,011.21 44,319.43 5,609.89
389,536.40 NoJle
25.00 None
None None 25,000.00 25,000.00 70,757.14 7,500.00

TotaiLiabilities.............. $ 1,075,759.07

FORTY-THIRD ANNUAL REPORT

1!'!5

STATEMENT

Showing condition at the close of business Decembet 31, 1962, of

WEST GEORGIA BANK OF TALLAPOOSA, GEORGIA Tallapoosa, Ga.

As called for by the Superintendent of Banks

W. I. LANIER,

SAM CHEATWOOD,

President.

Cashier.

Date of Charter: 12-6-1948

Began Business: 7-6-1949

AKt'ETH

Cash, balanrPs with othPr banks, including rPservP balance~. and eash

itPms in procPss of C'olleetion ..... $ lnited Htates Government obliga-

tions, direct and guarantr-Pd ..... Obligations of States and political

subdivisiom;.

()ther bonds, notes, and dPlwntuns ..

CorporatP stocks (in<'luding stock of

Fed(ral HPsf'rVP Bank). . . . .

Loans and discounts (including over-

drafts) . . . . . . . . .

.

Bank premises owned, furniturr and

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

Real estate ownPd other than bank

premisPs... . . . . . .

. ..

lnv(stmrnts and other asseb; imli-

rcctly rPprescnting bank pnmisPs
c~:t~~~~~~rli~bil[tyt\o this "b~~k. ~~~

acceptanccs outstanding.

Other Assets.

Total Assets ....

s

431,298.29 535,594.62
63,453.91 316.787.50
None 815,367.62
18,941.28 None
None None 1,011.26 2,182,454.48

LIABILITIES

Df'mand dPposits.

.s

Tim<' df'posit.s.. . .

... ..

DPposits of r. S. Government ..... .

J)pposits of States and politieal sub-

divisions ....

Deposit:-; of hanks. . . . . . . . . .....

OthPr dPposits (certifif'(l and officf'rs'

dw(ks, Pt.{'.).

o; . Bills payablf'. . .
.\('f'f'ptancPs f'XPf'Utcd

"b)":

for ac~

('OUnt of this bank and outstand-

ing ....... .

Other liabilitiPs.

Capital.

Hurplus ......... .

CndividPd profits.

Hf'Sf'rVf'S ..

1,023. 972.72 809,908.35 28,190.34
159,371.61 None
4,168.34 None
None 5,000.00 50,000.00 60,000.00 19,343.12 22,500.00

Total Liabilities.

s 2,182,454.48
---------------

STATEMENT

Showing condition at the close of business December 31, 1962, of

BANK OF TAYLORSVILLE Taylorsville, Ga.

As called for by the Superintendent of Banks

E. 0. DAVIS, President.
Date of Charter: 6-6-1905

C. J. HARRIS, Cashier.
Began Business: 6-13-1905

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

ASSETS Cash, balanccs with othf'r banks, in-
cluding reserve balan('Cs, and cm;h
items in process of collection ......$ United States Government obliga-
tions, direct and guaranteed ..... . Obligations of States and political
subdivisions. . . . . . ............ . Other bonds, notPs, and debentures .. Corporatc stocks (including stock of
Federal Reserve Bank). . . . . . .... Loans and discounts (including ovcr-
drafts). . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures...... . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . ........... . Investments and othC'r assets indi-
rectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding. Other Assets.

Total Assets.

s

96,092.62 335,500.00
None 59,937.50
None 488,269.42
201.00 None
None None 300.00 980,300.54

LIA l3I LITIES

R.enumJ Jeposits.

. .... S

lime dcpostts........ . . . . .

Deposits of l~. t;. GovPrnmPnt ..... .

Deposits of States and political sub-

divisions ................... .

D<'posits of banks. . . . . . . ........ .

Other deposits (certified and officers'

checks, etc.).

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

Acceptances exPC'uted by or for. ac-

count of this bank and outstand-

ing ....... .

Other liabilities ..

Capital.

Surplus ...... .

l'ndivid<'d profits.

H.cscrves ..

437,120.55 255,304.86
656.25
92,420.37 None
3,422.61 None
None None 25,000.00 100,000.00 66,375.90 None

Total Liabilities. ........... $ 980,300.54

136

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF TEMPLE Temple, Ga.

As called for by the Superintendent of Banks

C. R. HART,

L. G. LYELL,

President.

Cashier.

Date of Charter: 11-25-1946

Began_ Business: 7-1-1947

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ......S Cnited States Government obligations, direct and guarantred ..... . Obligations of States and political subdivisions. . . . . . . . . . . . . . . ... Other bonds, notes, and debenturf':s .. Corporate sto<ks (including stock of Federal Reserve Bank) ......... . Lodarnasftas)nd___d_is.c_o_u_n_t_s__(i_n_c_l_u_d_i_n_g__o_ve.r_-
Bank premises owned, furniture and fixtures ........................ .
Real cs_tate owned other than bank prcnnses..... . . . . . . .......... .
Investments and other assets indirectly representing bank premise~ or other real estah' .......... .
Customers' liability to this bank on acceptances outstanding.
Other Assets ... _ ___ . _____ _
Total Assets ............ _. ___ $

84,435.52 175,949.17
None 74.600.00
None 105,424.24
1,128.31 None
None None None 441,537.24

LIABILITIE,.;

Dem~nd deposits.

. ...... $

Time deposits. . . . . . . . ...... .
Deposits of e. S. Government ..... .

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other df'posits (certified and officers'

Bilclhsepcakys,abeltec._)__. ___ . _. ____________ _

Aeceptances executed by or for account of this bank and outstanding ........ .
Other liabilities. CapitaL
Surplus- - - - . . _. Pndivided profits.
Heserves ....

340,328.74 10,000.00 None
15,567.20 None
None None
None 220.74 25,000.00 25,000.00 25,420.56
None

Total Liabilities .. _........ ___ $ 441,537.24

STATEMENT
Showing condition at the close of business December 31, 1962, of TENNILLE BANKING COMPANY Tennille, Ga.

As called for by the Superintendent of Banks

W. B. SMITH, President.
Date of Charter: 4-4-1900

CHARLES V. SMITH, Cashier.
Began Business: 4-1900

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and ea~h items in process of collection. ____ .$
United States Government obligations, direct and guaranteed. __ . _
Obligations of States and political subdivisions_ . __________ . ______
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts) .... __ -----------Bank premises owned, furniture and
fixtures .. _______ -----------..
Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . .
Investments and other assets indirectly representing bank premises
or other real estate. . . . . . . . . . . . . Customers' liability to this bank on
acceptanPes outstanding. Other Assets.

479,995.66 674,478.75
63,317 _21 None None
1,153,082.13 42,028.84 None
None None 11,450.00

Total Assets .. _

------ $ 2,424,352.59

LIABILITIE,.;

Demand deposits.

. .... S

Time deposits.................... .
Deposits of e. S. Government ..... .

Deposits of States and political subdivisions ................... .
Deposits of banks ................ .

Otchheerckdse,poetsci.t)s _(_c_e_r_ti_f_ie_d__a_n_d_ officers'

Bills payable_ ________

_

Acceptances C'XC'cuted by or for ac-
count of this bank and outstand-
ing ........ . Other liabilities. CapitaL_._

Surplus ......... . 1ndivided profits.

Reserves ....

847,663-30 957,647.60
3,230.00
266,540.36 None
405.06 None
None None 100,000.00 200,000.00 48,866.27 None

Total Liabilities .... _......... $ 2,424,352.59

FORTY-THIRD ANNUAL RE-P-O--R-T--------------------1-37-
STATEMENT Showing condition at the close of business December 31. 1962. of
BANK OF UPSON Thomaston, Ga.

As called for by the Superintendent of Banks

CHAS. M. PASLEY, JR.,

H. D. STOREY, JR.,

President.

Cashier.

Date of Charter: 6-23-1951

Began Business: 10-1-19!11

AHSETS

Cash, balanr<'s with ot hPr banks, in-

cluding rC'sPrvP balancPs, and C'ash

items in process of collection. . . . . S

lnitPd Htates Government obliga-

tions, dirPf't and guarantPPd. . . . .

Obligations of States an<l political

subdivisiom;. . . . . . . . . . . . .

Other bonds, notf's, and dPlwntures ..

Corporate stocks (induding stock of

Fed('ral HPsPrvP Bank)... . . .

Loans and discounts (inclmling over-

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

..

Bank prcmisPs ownPd, furniturP and

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

Heal estate ownC'd othC'r than bank

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

. ..

lnvestnwnts and other assets indi-

rectly rPpr<>senting bank prPIHisP~

c~~rt~~~~e~~.r~~~l;iJftyt\o tili~ "b~~~k. ~n

accPptance8 outstanding. Other Assets.

Total Assets ....

..s

583,192.10 1,149,338.50
115 '769. 29 None None
1 '920, 934.69 41,680.49 None
75,000.00 None
514.96 3,886,430.03

Demand dPposits. LIABILITIES . s

TDiempoe8ditespoofsirt.s..H..

. . . . . . . .. Government .....

.

J)pposits of Htates and political sub-

divisions. . . ...

DPposits of banks. . . . . . . . . . . .

Othf'r deposits (cntifiPd and officers'

('lH'<'k8, Pte.).

Billo payable. . . . . . . . . . . . . .

A<<eptancPs PxecutPd by or for ac-

count of this bank and outstand-

ing ..... .

( Hher liabilities.

Capital.

Hurplu8. . . . . . . .

l ~ndivi<lNl profits.

HP8f'rVPS.

1 ,530, 730.67 1,379,839.30
74,631.30
297,572.87 91 '707 .75
4,295.01 None
None 41 '789.85 180,000.00 240,000.00 45,863.28
None

Total Liabilities .

. . $ 3,886,430.03

STATEMENT Showing condition at the close of business December 31, 1962, of CITIZENS & SOUTHERN BANK OF THOMASTON, GEORGIA
Thomaston. Ga.

As called for by the Superintendent of Banks

C. B. JENKINS, JR., President.
Date of Charter: 1-18-1926
--------

JACK B. HUTCHINSON, Cashier.
Began Business: 2-28-1930

At\1-iET"

Cash, balances with othrr bank::s, in-

elml.ing r(scrvf' balancrs, and cash

itf'm8 in process of collection. . . . S

Cnited Statrs Government obliga-

tions, direct and guarantPed ..... .

Obligations of States and political

subdivisions. . . . . . . . . . .

..

Other bonds, notes, and debenturPs ..

Corporate stocks (ineluding stock of

Federal Heservc Bank). . . . . . .

Loans and discounts (including over-

drafts) . .

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

Bank premises owned, furniturr and

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

Heal estate owned other than bank

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

Investments and othPr assets indi-

rectly rPpresenting bank premises

or other Customers'

real estate ..... . liability to this

b~~k

~~~

acceptances outstanding.

Other Assets.

Total Assets ..

.s

1,413,580.74 2,334,167. 76
891 '727 .35 None
5,000.00 4. 979,826.72
161,168.41 None
3,249.24 None
27,561.65 9,816,281.87

LIABILITIEH

!?-"tlland deposit,.

. .... $

I lllle.clepot:ats...... . . . . . . .

Deposits of l~. ~. GovPrnmrnt......

Deposits of ::-;tates and political sub

divisions .....

Deposits of banks. . . . . . ......... .

Other deposits (certifiPd and officers'

checks, etc.).

Bilb payable ..................... .

AccPptancPs exPcuted. by or for ac-

:ount of this bank and outstand-

lng .......... .

OthPr liabilities ..

Capital.

Surplus ....... .

l~ndivided profits.

Heserves ..

4,678,670.58 3,580,247.61
108,276.98
395,589.63 None
2,087.80 None
None 235,005.21 400,000.00 200,000.00 216,404.06
None

Total Liabilities ............... $ 9, 816,281.87

138

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

STATEMENT Showing condition at the close of business December 31, 1962, of
BANK OF THOMAS COUNTY Thomasville, Ga.

As called for by the Superintendent of Banks

H. B. GURLEY,

JOE J. KEYTON,

President.

Cashier.

Date of Charter: 2-3-1937

Began Business: 2-15-1937

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S Vnited States Government obligations, direct and guaranteed ..... . Obligations of States and political
subdivisions. . . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Heserve Bank) .......... .
Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . . . . . .
Bank premises owned, furniture and
fixtures...... . ................ . Real estate owned other than bank
prcnliSef' ....................... . Investments and other assets indi-
rectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding .. . Other Assets.................. .

1 ,328, 771.09 3,043,420.38
776,516.94 250,000.00
None 3 ,460, 999.58
135,501.59 None
None None 77,339.61

Total Assets .................. S 9,072,549.19

Demand deposits. LIABILITIEI; . .s
Time deposits... . . . . . . . . . . . .
Deposits of r. S. Government ..... .
DJiZi!l~n~f. ~:~~~s. ~~.~ .~o.l~t.i~~~. ~~~~
Deposits of banks ................ . Other <IEposits (certified and officers'
cheeks, etc.).
Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ......... . Other liabilities. Capital. Hurplus ......... . tTndivided profits........... . Heserves ....

4,309,684.31 2,602,173.14
275,140.28
858,010.32 100,586.36
124,799.32 None
None 139,102.31 180,000.00 425,000.00
39,297.43 18,755.72

Total Liabilities............... S 9,072,549.19

STATEMENT Showing condition at the close of business December 31, 1962, of

COMMERCIAL BANK Thomasville, Ga.

As called for by the Superintendent of Banks

L. D. FERGUSON, President.
Date of Charter: 7-3-1916

A. F. KIMBROUGH, Cashier.
Began Business: 7-22-1916

Ai;SETS
Cash, balances with other banks, including reserve balances, and cash items in process of collection ...... $
Vnited States Government obligations, direct and guaranteed......
Obligations of States and political
subdivisions. . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . Loans and discounts (including over-
drafts)....... . .. .. .. ........ Bank premises owned, furniture and
fixtures...... . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises........................ Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding...
Other Assets.

2, 260,512.54 4,236,649.86
831,427.12 None None
4,492,178.29 128,752.12 2,400.00
None None 82,713.42

Total j\.ssets ....... .

s 12,034,633.35

LIABILITIES

Demand deposits.................. $

Tirne deposits.....................

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

Deposits of States and political sub-

divisions ...................... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

Bills payable. . . . . . . . .

.

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities ... .

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

Rurplus ........ .

l:ndivided profits.

Heservcs ........................ .

5,888,976.85 3,711,575.09
403,777.22
1,028,372.95 48,098.48
58,810.61 None
None 162 '769. 96 312,500.00 337,500.00 82,252.19
None

Total Liabilities...............$ 12,034,633.35

FORTY-THIRD ANNUAL REPORT

139

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF THOMSON Thomson, Ga.

As called for by the Superintendent of Banks

W. E. HUNT,
President. Date of Charter: 12-30-1890

W. F. BECKUM, JR., Cashier.
Began Business: 1891

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash itPms in process of collection ...... $ LTnited States Government obliga-

tions, direct and guaranteed ..... Obligations of States and political

subdivisions. . ....... . Other bonds, notes, and debenture's .. Corporate sto('ks (in('luding st()(k of

Federal Reserve Bank)... . . .. Loans and discounts (including ovH-

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

.

Bank premises owned, furniture and

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

Real estate owned other than bank

premises....... . . . . . . . ....
Investments and other assets indirectly representing bank premi::iPs
Cu0:t~~~~~r}i~l;ilftayh'to thi~ ba~k .~~;

acceptances outstanding.

Other Assets.

792,425.10 1 '166 ,226. 94
400,260.11 274,615.56
None 1,599,840.89
2.00 None
80,000.00 None None

LL\.BILIT!Eti

DPmand dPposits

s

Time dPposits... . . .

..

Deposits of l'. H. GovPrnment ..... .

Deposits of StatPs and political sub-

divisions. . . . .

J)pposits of banks . . . . . . . . . .

'Otlwr dPposits ((ertifiecl and officers'

('hP('kS, f'tc.).

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

.-\f'<'PptancC's C'XP('UtC'd by or for ac-

('ount of this bank and outstand-

ing....... .

OthPr liabilitiC's.

Capital

Surplus.

tnJivilkd profits.

H(serves.

1,990.982.40 1,396,823.84
97,358.45
345,349.29 None
13,494.87 None
None 9,000.00 150,000.00 160.000.00 150,361.75
None

Total Assets ...

. .. $ 4,313,370.60

Total Liabilities.

.... s 4,313,370.60

--- ----------1... ~~~~~~~~~~~~~~~~-

STATEMENT
Showing condition at the close of business December 31, 1962, of THE BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks

JOHN E. PARKERSON, President.
Date of Charter: 10-10-1891

L. W. GAULDING, Cashier.
Began Business: 1896

==============================~==--~-=======----,==~---_-_-_=--~~~==

AStiETS

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

prerruses..... . . . . . . . . . . . . ..... .

Investments and other assets indi-

rectly representing bank premises

or other real estate ..... . Customers' liability to this

"b~~k

on

acceptances outstanding ..

Other Assets.

1,082.234.98 2,715,300.35
823,757.35 None None
4,982,865.31 113,707.78 None
None None 30,698.21

LIAB!LIT!Eti

Demand deposits.

. ......$

Time dPposits....... . . . . .

Deposits of(. S. GovPrnmPnt......

Deposits of States and politiral sub-

divisions. . . . . . . .

Deposits of banks. . . . . . . . . . . . . .

Other deposits (certified and officers'

checks, etC'.).

Bills payable. . . . . . .

Acceptances ('xecuted by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

Capital...

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

Surplus ........ .

l.ndividcd profits ............. .

HescrvPs ..

3,936,772.62 3,007,938.02
132,597.36
812.669.17 499,336.42
36,110.64 None
None 299,831.95 300,000.00 450.000.00 176,397.41
96,910.39

Total Assets ...

.... $ 9,748,563.98

Total Liabilities.

s 9,748.563.98

140 ----------------

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1962, of THE CITIZENS BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks

H. P. SANDERS,

J. GRADY COLEMAN,

President.

Cashier.

Date of Charter: 2-24-1948

Began Business: 4-15-1948

ASSET>;

Cash, balances with othpr hankH, in-

cluding reserve balances, and cash

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

Lnited 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 as~SC'ts indi-

rectly representing bank premises

or other real estate. . Customers' liability to

.... this

'b~~k.

~~

acceptances outstanding..

Other Assets. . . . .

743,908.11 883,681.10 209,805.79 299,912.54
None 1, 212,169.22
34,000.00 None
None None None

LIABILITIE>-i

Demand deposits.

.$

Time deposits... . . . . . . . . . .
Deposits of e. H. Governmrnt ..... .

Deposits of ~tatPs and politif'al ~ub-

divisions ...... .

Drposits of bankH ................ .

OthPr deposits (certified and officers'

f'hf'<'ks, rt<'.).

Bills payable. . . ..

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilities.

Capital.

Surplus ......... .

l~ndivided profits.

Ucserves ....

1,431,895.81 1,140,859.56
153 '744. 78
349,811.48 None
32,133.24 None
None 10,000.00 100,000.00 100,000.00 25,031.89 40,000.00

Total Assets .................. S 3, 383,476. 76

Total Liabilities............. $ 3,383,476.76

------------'------------------ -------- ------------

STATEMENT
Showing condition at the close of btisiness December 31, 1962, of THE FARMERS BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks

JOHN H. DAVIS, President.
Date of Charter: 12-21-1936

L. A. BRASWELL, Cashier.
Began Business: 2-24-1937

ABSETS
Cash, balances with other banks, including reserve balances, and cash iterns in process of collection ...... S
United States Government obligations, direct and guaranteed ..... .
Obligations of States and political
subdlVlSlOnS ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (inf'luding 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.

697,507.72 1,592,824.99
525,207.32 589,225.00
None 2,185,362.57
146,210.69 None
None None 43,356.06

Total Assets ...

. $ 5, 779,694.35

LIABILITIES Demand deposits................. S Time deposits. . . . . . . . . . . . . . . . . . . . . Deposits of G. S. Government...... Deposits of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable........ . Acceptances executed by or for ac-
count of this bank and outstanding ......... . Other liabilities. Capital. ........................ . Surplus ........ . l!ndivided profits........... . Reserves ....

2,187 ,848. 72 2, 060,599. 15
153,025.39
560,417.88 5,883.64
54,316.03 37,500.00
None 82,162.74 160,000.00 305,000.00 172,940.80
None

Total Liabilities.............. $ 5,779,694.35

FORTY-THIRD ANNUAL REPORT
----

141

STATEMENT

Showing condition at the close of business December 31, 1962, of THE BANK OF TIGNALL Tignall, Ga.

As called for by the Superintendent of Banks

L. D. WARE.

L. D. WARE,

President.

Cashier.

Date of Charter: 7-5-1909

Began Business: 8-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions. . . . . . . . . . . . ..... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Rf'serve Bank). . . . . . .... Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures... . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. Other Assets.
Total Assets ..................$

92,492.90 402,179.90
None None None 24,906.00 1.00 None
None None None 519,579.80

LIABILITIES

Demand deposits.

. .. S

Time deposits. . . . . . . . . .... .

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

Deposits of States and political sub-

divisions ....... .

Deposits of banks ................ .

Other depm;;its (certified and officers'

checks, etc.) .

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities.

Capital.

Rurplus ........ .

Undivided profits.

Reserves ....

409,207.82 None
425.00
53,123.41 None
None None
None 2,000.00 25,000.00 15,000.00 14,823.57
None

Total Liabilities.............. S 519,579.80

STATEMENT
Showing condition at the close of business December 31, 1962, of THE BANK OF TOCCOA Toccoa, Ga.

As called for by the Superintendent of Banks

WM. C. CLARY, JR., President.
Date of Charter: 8-10-1911

J. NOLAN SPEAR, Cashier.
Began Business: 9-1-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S 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) .......... . I ..oans and discounts (including overdrafts). . . . . . . . . . . .......... . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing hank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding. Other Assets.

1,461,635.66 1 '159 '163 .00
360,186.07 25,000.00 None
3,026,488.26 63,934.29 None
None None 1,494.25

Total Assets ...

...... s 6,097,901.53

LIABILITIES

Demand deposits.

. .... S

Time deposits. . . . . . . . . . . . . . . . . .

Deposits of l:. 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 outstand-

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

Other liabilities .. .

Capital. ..

eSurplus ......... . ndivided profits.

Reserves ..

2,206,652.97 2,127, 781.39
175,623.06
672,005.44 442,678.60
45,555.74 None
None 66,591.41 100,000.00 200,000.00 61,012.92
None

Total Liabilities.............. $ 6,097,901.53

142

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

STATEMENT
Showing condition at the close of business December 31, 1962, of THE CITIZENS BANK OF TOCCOA Toccoa, Ga.

As called for by the Superintendent of Banks

WALLACE B. BRUCE, President.
Date of Charter: 5-25-1950

WILLARD KIMSEY, Cashier.
Began Business: 3-16-1951

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premiSes owned, furniture and fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

1,757,549.80 1,821,087.62
237,533.82 450,093.75
None 1,992,325.54
26,655.00 None
1.00 None 8,116.48

Total Assets .................. S 6,293,363.01

LIABILITIES

Demand deposits.

.$

Time deposits.................. .

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

DJi~i~t~n~f- ~~~~~s- ~~~- ~o.l~t-i~~~- ~~~

Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .. . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .......................... . Other liabilities............ . Capital. ......................... .
Surplus ......................... . Undivided profits................. . Reserves ......................... .

3,499,777.23 1,514,476.92
97,517.23
819,325.25 None
43,095.15 None
None None 125,000.00 150,000.00 36,670.23 7,501.00

Total Liabilities.............. $ 6,293,363.01

STATEMENT
Showing condition at the close of business December 31. 1962, of BANK OF DADE Trenton, Ga.

As called for by the Superintendent of Banks

GEO. H. HARRISON, President.
Date of Charter: 7-5-1955

R. M. MORRISON, Cashier.
Began Business: 1-12-1956

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... .
Obligations of States and political subdivisions .................. .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts). . . . . . . . . . ............. . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... .
Other Assets..................... .

305,744.06 519,206.11
None 50,000.00
None 808,717.70
8,963.11 None
None None None

Total Assets .................. S 1,692,630.98

LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U. S. Government ..... .
Dji~~1~n~f. ~~~~es ~~~- pol~t.i~~~ ~~~
Deposits of banks . . .............. . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities ................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

602,996.76 661,385.43
44,173.01
236,478.22 None
9,632.33 None
None 35,302.68 50,000.00 50,000.00
2,662.55 None

Total Liabilities...............$ 1,692,630.98

FORTY-THIRD ANNUAL REPORT

143

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF TUCKER Tucker. Ga.

As called for by the Superintendent of Banks

REID H. COFER,

REID H. COFER,

President.

Cashier.

Date of Charter: 10-29-1919

Began Business: 12-1919

ASSETS Cash, balances with other banks, in-
cluding reserve balanC'8, and cash
items in process of collection ......$ 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 overdrafts). . . . . . . . . . . . . . . . . . . . .
Bank premises owned, furniture and fixtures. . .................... .
Real estate owned other than bank
premises...................... . Investments and other assets indi-
rectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding. Other Assets.

646,273.58 1,834,511.00
None None None 733,091.55 19,562.42 16,000.00
None None 12,128.65

Total Assets ...

. .... $ 3,261,567.20

LIABILITIES

Demand d~~posits.

...$

TDiempeosditespoofsirt.s.

.. S.

. . . . . . . . . . .. GovE'rnmcnt .....

.

DJi~i!l~n~f. ~~~~~s. a~-~ .~~l~t.i~~~ .s~~

DE>posits 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 ......... . V ndivided profits ..
Reserves.

1,896,218.16 698,518.94 221,378.15
64,702.42 None
26,137.01 None
None 13,395.28 100,000.00 150,000.00
3,000.00 88,217.24

Total Liabilities............... S 3,261,567.20

STATEMENT Showing condition at the close of business December 31, 1962, of
DURDEN BANKING COMPANY, INC. Twin City, Ga.

As called for by the Superintendent of Banks

B. LEWIS BRINSON, President.
Date of Charter: 6-26-1935

J. THOMAS DURDEN, Cashier.
Began Business: 7-54935

MiSETS 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 representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding. Other Assets.

297,932.44 781,213.56
10,190.88 75,159.37
None 791,522.02
18,942.80 None
None None None

Total Assets ........ . ..... $ 1, 974,961.07

LIABILITIES

R.emand deposits.

S

l1me deposits... . . . . . . . . . . . . . . ..

Deposits 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 outstand-

ing ......... .

Other liabilities.

Capital..

Surplus ......... .

Undivided profits.

Reserves .. : .

864,449.24 666,828.69
28,337.37
187,729.37 35,923.72
3,638.93 None
None 4,000.00 50,000.00 75,000.00 34,053.75 25,000.00

Total Liabilities............... S 1,974,961.07

144

DEPARTMENT OF BANKING

-------------------------------------------------------------------------

STATEMENT
Showing condition at the close of business December 31, 1962, of EXCHANGE BANK OF UNADILLA Unadilla, Ga.

As called for by the Superintendent of Banks

T. E. WOODRUFF, President.
Date of Charter: 4-19-1935

T. E. WOODRUFF, Cashier.
Began Business: 4-22-1935

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets. . . . . . . . . . . . . . . . . . . . .

554,078.34 431,541.86
None None None 654,527.82 7,590.00 None
None None None

Total Assets .................. $ 1,647. 738.02

LIABILITIES

Demand deposits.............

.If

Time deposits.................. .

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

Deposits of States and political sub-

divisions.... . ............... .

Deposits of banks ................ .

Other deposits (certified and officers'

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

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

893,378.02 446,682.93
17,073.30
119,468.00 None
11,897.74 None
None None 50.000.00 50,000.00 50,000.00 9,238.03

Total Liabilities............... $ 1,647,738.02

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF UNION POINT Union Point, Ga.

As called for by the Superintendent of Banks

RALPH L. RHODES, President.
Date of Charter: 6-15-1911

HENRY L. ASBURY, Cashier.
Began Business: 5-1911

Ai::ii::IETS Cash, balances with other banks, in-
c)uding 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 real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

375,316.85 445,827.63 152,427.98
89,906.25 None
570,824.36 9,456.65 1.00
None None None

Total Assets .................. $ 1 643 ,760.72

LIABILITIES

Demand deposits..................$

Time deposits .................... .

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

Deposits of States and political sub-

divisions ....... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.). .

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities................... .

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

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

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

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

537,639.24 723,428.46
42,491.14
175,344.50 None
2,492.75 None
None None 50,000.00 75,000.00 37,364.63 None

Total Liabilities.............. S 1,643,760.72

FORTY-THIRD ANNUAL REPORT

145

-

- - - - - - - - -~

--

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

STATEMENT
Showing condition at the close of business December 31, 1962, of THE FARMERS BANK Union Point, Ga.

As called for by the Superintendent of Banks

JOHN B. STEWART,

REUBEN H. FLYNT,

President.

Cashier.

Date of Charter: 9-6-1911

Began Business: 9-6-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in procf'ss of collection... . .S Vnited States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions . . . . . . . . . . . . . . .... Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank). . . . . . . . Loans and discounts (including over-
drafts). . . . . . . . . . . . . . . . . . ... Bank premises owned, furniture and
fixtures...... . . . . . . . . . . . . . . Rea] estate owned other than bank
premises. . . . . . ........... . Investments and other assets indi-
rectly representing bank premises or other real C>state .......... . Customers' liability to this bank on acceptances outstanding. Other Assets.

251,023.87 910,162.88
35,055.84 290,007.28
None 1,324,217.07
43,727.23 None
None None 562.43

Total Assets ...... .

....... 2,854,756.60

LIABILITIE8

Demand dPposits.

.S

Time deposits.. . . . . . . ... .

Deposits of C. H. Government ..... .

Ddi~i~l~n~f. ~~~~es a~d :.o.l~t.ic~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.

652,366.10 1,755,899.61
52,208.54
161,596.59 None
11,118.65 None
None None 50,000.00 150,000.00 21,567.11 None

Total Liabilities ...............$ 2,854,756.60

STATEMENT
Showing condition at the close of business December 31, 1962, 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

AH8ETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

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 representing bank premises

or other real estate ..... . Customers' liability to this

'b~~k.

~~

acceptances outstanding.

Other Assets.

1,921,003.98 1,252,527.11
354,518.86 359,711.25
None 1,921 ,153. 72
70,673.17 None
None None None

Total Assets ........ . . ....$ 5,879,588.09

LIABILITIES

Demand deposits.

... $

Time deposits. .

.

DepoSits of U. S. Government ..... .

Deposits of States and political sub-

divisions ..... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .

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

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities.

Capital. .. .

Surplus ........ .

Undivided profits.

Reserves ....

3,174,187.84 1,086,429.58
163,251.24
863,133.24 35,424.61
37,755.98 None
None 11,250.00 225,000.00 225,000.00 58,155.60
None

Total Liabilities............... $ 5,879,588.09

1

146

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31. 1962, 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-
cluding reserve balances, and cash
items in process of collection...... a
United St,.tes Government obligations, direct and guaranteed ..... .
Obligations of States and political subdivisions ................... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .

697' 718.16 452,277.44 223,629.78 674,998.44
None 1,078,943.45
24,313.65 None
None None None

Total Assets .................. $ 3,151,880.92

LIABILITIES Demand deposits.................. $ Time deposits..................... Deposits of U.S. Government......
D'Jl~~!!~n~f States. and .politi~al..s~lr
Deposits of banks. . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) .......... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,759,250.48 542,978.68 110,068.93 244 ' 135 .65 197,967.76
26,328.54 None
None 20,307 .a;! 100,000.00 100,000.00 50,843.56
None

Total Liabilities............... $ 3,151,880.92

STATEMENT
Showing condition at the close of business December 31, 1962, of VIDALIA BANKING COMPANY Vidalia, GL

As called for by the Superintendent of Banks

C. M. JORDAN, President.
Date of Charter: 10-22-1938

P. W. TIPPETT, Cashier.
Benn Business: 10-28-1938

ASSETS Cash, ba]ances with other banks, in-
c]uding reserve ba]ances, 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 real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding......... . Other Assets........... . . . . . . . . . . .

1,174,962.13 953,556.35 625,310.58 49,609.38 None
2,091,197. 99 91 ,355.69 None
None None None

Total Assets .................. $ 4, 985,992.12

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government. .... .
DTi~i!l~n~~ ~~~~~s. ~~-~ -~~l~t.i~~~ .s~~

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

2,932,846.02 961 '110. 77 188,533.53
331,202.93 47,471.16
30,634.15 None
None 95,177.52 100,000.00 200,000.00 37,741.04 61,275.00

Total Liabilities .............. $ 4, 985,992.12

FORTY-THIRD ANNUAL REPORT

147

STATEMENT
Showing condition at the close of business December 31, 1962, of CITIZENS BANK Vienna, Ga.

As called for by the Superintendent of Banks

W. G. WILLIAMSON, President.
Date of Charter: 6-24-1931

W. G. WILLIAMSON, Cashier.
Began Business: 7-1-1931

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. . . . S Unitt>d States Government obliga-
tions, direct and guaranteed ..... . Obligations of States and political
subdivisions .................. . Other bonds, notes, and debentures ..
Corporate sto<'ks (including stock of Federal Reserve Bank) . . . . . . . .
Loans and discounts (including overdrafts). . ................ : .... .
Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . .
Real es_tate owned other than bank
premises ................... .
Investments and other assets indi rectly representing bank premises or other rea] estate .......... .
Customers' liability to this bank on acceptances outstanding.
Other Assets.

Total Assets ...

. ... s

557,005.50 489,831.70
43,000.00 50,000.00
None 983,431.44
21,543.21 None
None None 890.65 2, 145,702.50

LIABILITIES

Demand deposits.

. .$

Time deposits... . . . . . . . ... .

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

Deposits of States and political sub-

divisions ....... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, Pte.).

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

Arceptances PXPcuted by or for ac-

count of this bank and outstand-

ing ....... .

Other liabilities.

Capital.

Surplus ........ .

Undivided profits.

Reserves ...

1,197,856.68 299,400.09 22,709.61
344,976.83 None
25,215.85 None
None None 50,000.00 100,000.00 None 105,543.44

Total Liabilities............... $ 2,145,702.50

STATEMENT
Showing condition at the close of business December 31, 1962. of BANK OF VILLA RICA Villa Rica, Ga.

As called for by the Superintendent of Banks

J. G. KNIGHT, JR.

R. R. RICHARDSON,

President.

Cashier.

Date of Charter: 5-4-1899

Began Business: 5-1899

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ......$ United States Government obliga-
tions, direct and guaranteed. . . . . Obligations of States and political
subdtVlSlOnS. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank).. . . . . . . . . Loans and discounts (including over-
drafts)... . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures............... . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on
acceptances outstanding. Other Assets. . . . . . . . . . . .

560,389. 96 1 ,417,672. 92
46,056. 53 None None
658,379.85 24,000.00 None
None None 1 ,765. 86

Total Assets ..

. ..........$ 2.708,265.12

Demand deposits. LIABILITIES .s

Time deposits. . . . . . . . ....... .
Deposits of e. S. GovPrnment ..... .

Deposits of States and political sub-

divisions ..... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.).

Bills payable. . . . . . . . . Acceptances executed

... by

.

~r.

...... . for ac-

count of this bank and outstand-

ing ......... .

Other liabilities ..

Capital. ..

Surplus ......... .

l"ndividcd profits.

Reserves ..

1,618,575.82 438,091.54 105,514.28
222,649.33 None
4,519.81 None
None 20,799.00 50,000.00 100,000.00 98,115.34 50,000.00

Total Liabilities.. . ..........$ 2,708,265.12

148

DEPARTMENT OF BANKING

-----------

--------------------------

STATEMENT

Showing condition at the close of business December 31, 1962, of BANK OF WADLEY Wadley, Ga.

As called for by the Superintendent of Banks

S. P. CHAPMAN, JR., President.
Date of Charter: 1-29-1902

P. G. EDENFIELD, JR., Cashier.
Began 'Business: 1-1902

ASSETS Cash, balances with other banks, in-
c1uding reserve balances, and cash items in process of collection ......$ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions. . . . . . . . . . . . . . . .... Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) . . . . . . . . . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Rea] 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.....

179,187.56 397,266.50 165,555.50 124,993.75
None 760,262.73
5,246.00 None
None None 2,431.90

Total Assets .................. S 1, 634,943.94

LIABILITIES

Demand deposits.

.S

Time deposits.............. .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) .. .

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ....

Other liabilities ..

Capital..

Surplus ......... .

Undivided profits.

Reserves ....

689,942.39 666,865.64
35,991.80
42,267.70 None
32,858.34 None
None 17,516.98 50,000.00 30,000.00 69,501.09
None

Total Liabilities............... S 1,634,943.94

STATEMENT
Showing condition at the close of business December 31, 1962, of THE BANK OF WARNER ROBINS Warner Robins, Ga.

As called for by the Superintendent of Banks

CHARLES L. WILLIAMS, SR., President.
Date of Charter: 4-25-1956

JAS. S. F ARR, Cashier. Began Business: 1-4-1957

AtltlETS Ca1:dt, balances with other bankb, in-
cluding reserve balances, and ca;::}-a items in process of collection ...... $ United States Government obligations, direct and guaranteed...... Obligations of States and political subdivisions.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......... . . . . . . . . .. .. . . . Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets......................

843,137.49 1,412,692.22
289,056.54 295,402.70
None 1,868,352.65
62,999.59 None
None None 12,259.15

Total Assets .................. S 4, 783,900. 34

LIABILITIES Demand deposits ................. $
Time deposits..................... Deposits of U. S. Government. . . . . .
Deposits of States and political subdivisions....... . .......... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

2,363,283.89 778,235.22 42,771.37
1,153,111.82 None
1,309.64 None
None 124,260.69 133,400.00
75,000.00 112,527.71
None

Total Liabilities............... S 4, 783,900.34

FORTY-THIRD ANNUAL REPORT

149

STATEMENT
Showing condition at the close of business December 31, 1962, 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
==-c._--'--'--'-- . - -

.-\iciSETH Cash, balancf'~ with otlwr banks, in-
cluding rPsc>rvP balancrs, and cash
it(>ms in procf'ss of collection ...... S l'nited HtatC's GovPrnment obliga-
tions, direet ancl guarante('d ..... . Obhgat_io?~ of States and politieal

subJIVlSIOllS .... , . . . . . . . , , ...

Other bonds, notPs, and debentures ..

CorporatP stoeks (inelwling ~tuck of

Federal HPsPf\'(' Bank)... .

. ..

Loans and discounts {including over-

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

Bank premisf'S owned, furniture and

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

Rea] estate owned other than bank

premisC's.

.. .. .

. ....

lnvestmrnts and other assPts indi-

rectly rPprPsPnting bank premi~w~

or other Customer:s'

rC'al f'state .. liability to

.... this

.b.~~k.

~~

accPptances outstanding.

Other Assets.

1,397 ,110. 38 1,377,932.01
449,304.47 230,000.00
None 2,568,890.11
65,169.37 None
None None 6,841.93

LI.-\.BILITIES

Df'mand dPpo:sits.

.$

Time df'po:sits. . . . . .

.

!)('posit~ of l~ S. GovE'fnnl('nt . . . . .

DPposits of :-;tates and politieal sub-

division:s ....

Df'posits of banks. . . . . . . . . . . ..... Other dPposit~ (<'ertifif'd and officPrs'

C'lw('ks, f'tC'.).

Bills payable. . . . . . . Ac<<ptanees f'xf'cutf'cl l;y

or. for

~ic~

~ount of thi~ bank and outstand-

tng ....... . Other liabilitie:s.

Capital. ~urplm; . . . . . . . .

t'nJividPd profits ..

Hf'sf'rves.

2,694,226.61 1,321,842. 94
80,667.92
1,347,876.86 None
2,298.36 None
None 247,055.67 200,000.00 150,000.00 51,279.91
None

Total Assets .....

.s 6,095,248.27

Total Liabilities.

$ 6,095,248.27

--------- ------

STATEMENT
Showing condition at the close of business December 31, 1962, 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, Ca&hier.
Began Business: 4-1902

====----

Ai-ltiETti Cash, balanC'f'H with otlwr bank~. in-
c] uding rPsen< balanees, and cash items in process of collection. . . . . S Cnited 8tate8 Governm('nt obliga-
tions, direet and guarantef'd ..... Obligations of ~tates and political
subdivisions. . . . . . . . . . . . .. Other bonds, notes, and debPnturC's ..
Corporate stocks (including stock of
Federal RPservc Bank). . . . . . ... Loans and di~counts (including over-
drafts). . . . .............. . Bank premises owned, furniture anJ.
fixtures. . . . . . . . . . . . . . . . . . .
Heal estate owned other than bank
premises. . ............. . Investments and other assets indi-
rectly r('presenting bank premises
or other real Pstate .......... .
Customers' liability to this bank on
accPptances outstanding. Other Assets.

481,254.26 954,690.78 439,694.36
3,900.00 None
1,420,645.19 36,402.16 None
None None None

LL\BILITIES

DP!nftnd d<'poHits.

... S

Time depo~its . . . . . . . . . . . . . . .

DPposits of C. H. GovNnnwnt ..... .

Deposit8 of States and political :sub-

divisions .....

Depo:sits of banks. . . . . . . . ...... .

Other dPpoHits (cPrtified and officf'rs'

checks, Pte.).

Bill~ payable. . . . . . . . . . . ...... .

Acceptances Pxf'cuted by or for ac-

~ount of this bank and outstand-

mg ....... .

Othf'r liabilitif's.

Capital.

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

l'ndividP<l profits ..

He:scrv(:s ..

1,248,600.90 1,194,302.48
35,858.76
439,835.66 10,000.00
7 ,821. 74 None
None 4,735.33 100,000.00 100,000.00 174,433.07 20,998.81

Total As:sets.

.. s 3,336,586.75

Total Liabilities.

.$ 3,336,586.75 ---- --------

150

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, 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 Business2 3-14-1950

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and rash

items in process of collection. . . . S

United States Government obliga-

tions, direct and guaranteed .....

Obligations of States and political

subdivisions. . . . . . . . . . . . . ..... .

Other bonds, notes, and d<bentures ..

Corporate stocks (inPluding stock of

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

Loans and discounts (including over-

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

Bank premises owned, furniture and

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

R

eal pre

rersn.tsa<te's

.

own ....\ .

ed ..

other than bank . . . . .......... .

Investments and other assets indi-

rectly repres('nting bank premises

or othPr rPal estate .......... .

Customers' liability to this bank on

acceptances outstanding.

Other Assets........ .

324,411.09 856,685.89
9,284.93 50,149.74
None 865,980.73
43,500.00 None
None None 377.07

Total Assets .................. $ 2,150,389.45

LIABILITIES

Demand deposits.

. .... S

Time deposits. . . . . . . . . . . . . . ..

Deposits of 1.:. S. Govprnment ..... .

Deposits of States and political sub-

divisions ..... .

Deposits of banks ................ .

Other deposits (certified and officers'

chocks, etc.).

Bills payablo ..................... .

Acceptances Pxecuted by or for ac-

count of this bank and outstand-

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

Other liabilities........ .

Capital.

Surplus ......... .

Vndivided profits.

Reserves ....

683,804.22 1,025,198.61
15,899.59
218,204.72 11,095.91
875.08 None
None 15,069.12 100,000.00 30,500.00 43,242.20 6,500.00

Total Liabilities...............$ 2,150,389.45

STATEMENT

Showing condition at the close of business December 31, 1962, of WASHINGTON LOAN AND BANKING COMPANY Washington, Ga.

As called for by the Superintendent of Banks

F. W. THOMAS, President.
Date of Charter: 9-7-1891

HAL P. SHANK, Cashier.
Began Business: 5-1-1895

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ Lnited States Government obligations, direct and guaranteed...... Obligations of States and political subdivisions. . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Heserve Bank)... . . . . . . . Loans and discounts (including ovPrdrafts)..... . .. .. . .. . .. .. .. . 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

977,121.12 2,075,309.46
446,982.69 None None
3,332,529.27 61,900.00 None
None None None 6,893,842.54

LIABILITIES

Demanu ueposits. . ............ S

Time deposits.....................

Deposits of C. ,'l. Government......

Deposits of ::-;tates and political sub-

eli visions . . . . . . .

Deposits of banks. . . . . . . . . . . . . . . . .

Other deposits (certified and officers'

checks, etc.) . . .

.... .......

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

Acceptancf's executed by or for ac-

count of this bank and outstand-

ing ......... .

Other liabilities ..

Capital. ........ .

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

l'ndividl'd profits ..

Hcscrves ..... .

2 ,306 ,861. 56 2,719,442.28
253,608.13
934,964.50 106,164.44
8, 399.72 None
None None 145,000.00 255,000.00 164,401.91 None

Total Liabilities............... $ 6,893,842.54

FORTY-THIRD ANNUAL REPORT

--=151

STATEMENT
Showing condition at the close of business December 31, 1962, 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 process of collection ...... S
United States Government obliga-
tions, direct and guaranteed .. : ... Obligatio;n~ of States and political
subdtvtswns. . . . . ............ . Other bonds, notes, and debentures ..
Corporate stocks (including stock of Federal Reserve Bank) . . . . . . . . ..
Loans and discounts (including overdrafts). . . . . . . . . . . . . . . . . . . ...
Bank premises owned, furniture and fixtures...... . . . . . . . ......... .
Real estate owned other than bank premises................. . ....
Investments and other assets indirectly representing bank premises or other real estate .......... .
Customers' liability to this bank on acceptances outstanding.
Other Assets ..

410,122.57 242,165.96
37,945.01 None None
459,999.36 4,688.49 None
None None 321.91

Total Assets .................. S 1,155,243.30

LIABILITIES

Demand deposits.

.S

Time deposits.. . . . . . . . . . ..
Deposits of r. S. Government ..... .

Deposits of States and political sub-

divisions ..... .

Deposits of banks. . . . . . . . . . . . . . . .

Other deposits (certified and officers'

eherks, etc.) .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities..

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

Surplus ........ .

Undivided profits.

Reserves ..

642,559.23 252,459.84
10,781.45
117,594.00 None
1,061.23 None
None 3, 750.00 75,000.00 15,000.00 27,037.55 10,000.00

Total Liabilities.............. S 1,155,243.30

STATEMENT
Showing condition at the close of business December 31, 1962, of COMMERCIAL BANK Waycross, Ga.

As called for by the Superintendent of Banks

J. M. NORMAN,

P. E. PENN,

President.

Cashier.

Date of Charter: 10-15-1918

Began Business: 10-30-1918

ASSETS

Cash, balances with other banks, in-

cJuding reserve balances, and cash

items in process of collection ...... S

United States Government obliga-

tions, direct and guaranteed ....-..

Obligatio;n~ of States and political

subdlVlSlOllS. . . . . . . . . . . . . ....

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.

. ......... .

1,628,197.09 3, 710,243.29
293,588.15 196,000.00
None 1,296,714.29
30,752.86 None
None None None

Total Assets ..................$ 7.11\1\.495.68

LIABILITIES

Demand deposits.

. ........ S

Time deposits.................. Deposits of l.:. 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. ...................... .
~';;'Jl~Yd~d P~~fiis. _ : : : : : : .. .

Reserves ....

4,000,808.93 1,638,970.01
219,916.17
455,072.74 None
52,155.56 None
None 78,973.37 100,000.00 200,000.00 122,238.63 287,360.27

Total Liabilities............... S 7,155,495.68

152

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, of SOUTHERN BAJ.'IjA Waycross, Ga.

As called 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 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 incli-
rectly representing bank premises or other real estate .......... . Customers' liability to this bank on acceptances outstanding........ . Other Assets................... .

610,490.41 1,355,823.54
387,400.68 250,000.00
None 1,727,922.81
42,525.05 None
None None 12,637.51

Total Assets ..................$ 4,386,800.00

LIABILITIES

Demand deposits. . . . . . . . . . . .$

Time deposits.............. .

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

Deposits of States and political sub-

divisions ...................... .

Deposits of banks ................ .

Other deposits (certified and officers'

checks, etc.) . .

. ......... .

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

Acceptances executed by or for ac-

count of this bank and outstand-

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

Other liabilities........... .

Capital...

. ........ .

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

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

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

1 '730,817 .22 1 ,568,161.94
106,958.23
444 '794 .13 39,187.94
4,837.28 None
None 93,881.42 175,000.00 100,000.00 27,000.00 96,161.84

Total Liabilities...............$ 4,386,800.00

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF WAYNESBORO Waynesboro, Ga.

As called for by the Superintendent of Banks

M. K. TUCKER, President.
Date of Charter: 12-16-1890

J. W. NICHOLS, Cashier.
Began Business: 1891

ASSETS Cash, ba]ances with other banks, in-
cJuding 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 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..................... .

877,807.74 1,242,820.82
470,918.98 50,000.00 9,900.00
2,889,625. 72 41,512.88 None
11,111.60 None
32,729.55

Total Assets .................. $ 5, 626,427. 29

LIABILITIES Demand deposits ..................$ Time deposits .................... . Deposits of L. S. Government ..... .
D~i~I~n~f. ~~~~~s. ~~~- -~~l~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities................... .
Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1 ,920,846. 76 2,292' 925.38
251,539.57
541,093.62 36,669.18
22,365.53 None
None 162,635.78 150,000.00 180,000.00
68,351.47 None

Total Liabilities.............. $ 5,626,427.29

FORTY-THIRD ANNUAL REPORT

153

STATEMENT
Showing condition at the close of business December 31, 1962, of THE PEOPLES BANK Willacoochee, Ga.

As called for by the Superintendent of Banks

CHAS. T. LODER, President.
Date of Charter: 1-4-1952

M. B. LODER, Cashier.
Began Business: 1-15-1952

AHSETI-i Cash, halancP~ with otlwr bank~. in-
cluding rpscrn baluncf'~. and rash

itfm~ in procPss of eolleetion.... $

tnitN1 States Governnwnt obliga-

tions, dirprt and guarantPrd . . . .

Obligations of States and politi('al

subdivisions. . . . . . .

..

OthPr bonds, notPs, and dPhPntur('s.

CorporatP storks (induding ~to('k of

FedNal HPsPfvP Bank). . . .

Loans and Jis{'ounts (inelwling over-

drafts). . . . . .

.

Bank premis('S ov.;ned, furnitun and

fixtures...

. .. .. .. .

RPal es_tatP ownrd othN than bank

prenw;cs.

.. ..

.

.

Investments and othPr asseb indi-

rectly repn'sf'nting bank prPrnises
Ct~:t~>~~~c~~rJ~bilftiPt.o. ti1is. b~~k on

acC'eptancps outstanding.

Other Assets.

Total AssPts ..

$

207.931.48 150,000.00
None None None 198,466.64 8,410.56 None
None None 496.00 565,304.68

LI.\BILITIES

Df'mand d(posits.

.$

TimP d(posits.

DPposits of l .. S. Co\"Nilll\('Ilt ..... .

Deposits of StatPs and political l'.ub-

di'-'isions ....

})('posits of banks. . . . .

.

OthN dPposits (certifiPd and oftirprs'

ciwf'ks, f'tc.)

Bills payahlf'. . .

.\c<epttHHes {'Xf'<'HtPd by or for al'-

('Ount of this bank and outstand-

ing.

( )thpr liahilitiP.--

Capital

;-o;urplu:-:... . .

lndivided profits.

HPsf'f\'('8

215,773.13 224,812.66
5,568.83
69,553.79 None
729.31 None
None None 30,000.00 10,000.00 8,866.96 None

Total LiahilitiPs.

.$ 565,304.68

STATEMENT Showing condition at the close of business December 31, 1962, of
BANK OF BARROW Winder, Ga.

As called for by the Superintendent of Banks

W. C. HARRIS,

L. P. HIX,

President.

Cashier.

Date of Charter: 3-12-1951

Began Business: 3-17-1951

- - - - - - - - - - - - - - - - =~--'----==='-----=-

AHHET:-;

Cash, balanrPs with otiwr banks, in-

cluding rescrvP balancPs, and cash

items in procf'ss of collection ...... $

lnitC'd StatPs Government obliga-

tions, direct and guarantPcd. . . . .

Obligations of ::States and political

subdivisions. . . . . . . . . . . ....

Other bonds, notes, and UebPntures ..

Corporatf' stoC"ks (inC'luding stock of

Federal ResNvP Bank) . . . . . . . . .

Loans and diseounts (including over-

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

Bank premises owned, furniture and

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

Real estate owned other than bank

prPmisrs..... . . . . . . .

.. ..

Investments and othPr assets indi-

rectly rppresenting bank premises

cu~~c~~~~~rli;bWi\~t\o ti1i; b~~k ~m

acceptances outstanding.

Other Assets.

1.275,887.56 1,314,794.33
455,936.63 249,000.00
None 1,397,671.90
57,640.87 None
None None 19,252.61

LIABILITIE~

Demand deposits.

. ... $

Time depo~its.............. .
DPposits of e. S. Government......

Deposits of States and political :sub-

divisions .....

Deposits of banks. . . . . . . . . . .....

Other dPposits (certified and officers'

checks, ete.).

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

AceC'ptanees C'xecuted by or for ac-

count of this bank and outstand-

ing ....... .

Other liabilitif's.

Capital.

Surplus ......... .

lndividpd profits.

Reserves ..

2,824,505.64 885,400.54 109,455.00
570,549.41 None
6,225.34 None
None 82,239.46 100,000.00 100,000.00 91,808.51
None

Total Assets ...

. ....$ 4,770,183.90

Total Liabilities. . .........$ 4. 770,183.90

154

DEPARTMENT OF BANKING

---~

STATEMENT

Showing condition at the close of business December 31, 1962, of THE PEOPLES BANK Winder, Ga.

As called for by the Superintendent of Banks

C. 0. MADDOX, JR., President.
Date of Charter: 10-29-1926

J. B. LANGFORD, Cashier.
Began Business: 10-30-1926

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
iterns in process of collection ...... $ l~nited States Government obliga-
tions, direct and guaranteed. . . . . . Obligations of States and political
Subd!VlSlOnS. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures. .
Corporate stocks (in<'luding stock of Federal Heserve Rank) . . . . . . . . . . .
Loans and discounts (including over-
drafts).................. .. .. . Bank premises owned, furniture and
fixtures......................... Heal estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and otlwr assds indi-
rectly representing bank premiseR or other rf'al estate. . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. Other Assets.. . . . . .

768, 256. 99 2,018,976. 09
288,769.18 None None
1,322,489.45 35,050.00 41 , 207. 50
None None None

Total AHHets .................. $ 4,474,749.21

LIABILITIES

Demand deposits.

. ....$

Time deposits................ .

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

Deposits of States and political sub-

divisions ...... .

Deposits of banks. . . . . . . . . . . .....

Other deposits (certified and officers'

cheeks, etc.) ..

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........ .

Other liabilitieH.

Capital.

Surplus .........

Undivided profits.

Hcserves ....

2,743,449.08 935,431.38 88,638.86
268,736.95 None
22,909.47 34,562.50
None 39,517. 53 100,000.00 150,000.00 25,000.00 66,503.44

Total Liabilities............... $ 4,474,749.21

STATEMENT
Showing condition at the close of business December 31, 1962, of THE CAMDEN COUNTY STATE BANK Woodbine, Ga.

As called for by the Superintendent of Banks

J. C. NEWTON, President.
Date of Charter: 6-24-1947

E. F. PARKER, Cashier.
Began Business: 1-2-1948

ASSETS

Cat5h, balances with other banks, in-

cluding reserve balances, and eash

items in process of collection ...... S

lTnited States Government obliga-

tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . ...

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

Federal Heserve 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

b. ~~k

on

acceptancps outstanding ..

Other Assets.

Total Assets ...

. .. s

350,590.14 555,783.45
10,000.00 None None
524 '759 .13 4,000.00 None
None None None 1 ,445,132. 72

LIABILITIES

Demand deposits.

. ...... S

Time deposits.................... .

Deposits of U. S. GovernmPnt ..... .

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 outstand-

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

Other liabilities ..

Capital. ....... .

Surplus ........ .

l-ndivided profits.

ltcscrves ..... .

458,584.30 645,169.46
1,975.24
208,031.50 None
3 '962.15 None
None 4,288.07 50,000.00 50,000.00 23,122.00
None

Total Liabilities .............. $ 1 ,445, 132_. 72

1

FORTY-THIRD ANNUAL REPORT

155

STATEMENT
Showing condition at the close of business December 31, 1962, of THE WOODBURY BANKING COMPANY Woodbury, Ga.

As called for by the Superintendent of Banks

T. H. CARROLL,

M. 0. CAMPBELL,

President.

Cashier.

Date of Charter: 9-29-1902

Began Business: 9-29-1902

-=-===-==-- ---------- =======--====-=-=c==--=---=---=-==-=--=--=--=--~-=-c-~--

MiSETS

Cash, balanres with othf'r banks, in-

cluding Tl'sPrvp balancPs, and cash

itf'ms in prorPss of collection.. . . .S

lnited StaUs GovPrnmPnt obliga-

tiom;, dirNt and guarantPed . . . .

Obligations of States and political

subdivisions . . . . . . . . ...

Other bonds, notPs, and debcnturPs ..

\orporatP stoC'k:::; (including ~tock of

FedPral HPsfrvP Bank) .....

Loans and discounts (including over-

drafts). _ . . . ...... _ _

Bank premises owned, furniturP and

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

R<>al estate ownPd other than bank

premisE's.. . . . . . . .

. ..

Investments and other assd~ indi-

rectly npresenting bank prPmises

or other real estate ..... . Customers' liability to this

ba~k

on

acrPptances outstanding.

Other Assets.

240,351.39 436,872.20
None 468,950.50
None 725,406.92
1,000.00 2,700.00'
None None None

LI.-\ Bl LITIES

Demand drposits.

. .. S

Time deposits ..... .

Deposits of l .. 8. Gov<rmnPnt ..... .

DPposits of States and political sub-

divisions .....

DPposits of hanks. . . . . . . . . . . .

OthPr d('posits (rPrtifiPd and offi('ers'

che<ks, f'tc.)

Bill, payable. AccPptancPs exccuttil .by or. for 'a.'c~

count of this bank and outstand-

ing ........ .

Other liabilitiPs.

CapitaL

Hurplus. . . . .

l'ndividPd profits.

Heserves

694,078.07 696,543.41
11,185.54
230,484.52 None
3,400.14 None
None 7,158.40 50.000.00 50.000.00 122,430.93 10,000.00

Total Assets ....

-$ 1,875,281.01

Total Liabilities.

--------------- -----L---

------.$ 1,875,281.01

STATEMENT
Showing condition at the close of business December 31. 1962. of THE WOODLAND BANK Woodland, Ga.

As called for by the Superintendent of Banks

J. H. WOODALL, President.
Date of Charter: 11-18-1907 - - - - - - - - - - - ------------=====-~=--=-=--

C. E. MILLER, Cashier.
Began Business: 11-25-1907 -- - - - - - ---=-====~-

AH1-IET:-i

Cat.dl, balances with other banks, in-

<"iuding resN\T balancf's, and cash

itf'ms in process of collection ......S

lnitf'd ::States GovPrnment obliga-

tions, dir('C't and guarantred. . . . .

Obligations of Htates and political

subdivisions. . . . . . . . . .

..

Other bonds, notf's, and debenturPs ..

CorporatP stocks (ineluding stock of

FedNal Reserve Bank)... . . . .

Loans and discounts (including ovPr-

drafts) . . . . . . . . . . . . .. _

Bank premises owned, furniturP and

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

Real estate owned othPr than bank

premises. . . . . .

..

Investments and other assets indi-

rectly nprPHPnting bank premises

or othPr nal Pstatc Customers' liability to

.... this

l;a1~k

c.m

fi.C('(ptances outstanding.

Other Assets.

125,844.84 310,288.75
5,000.00 None None
50,673.89 2.00 None
None None None

LL\BILITIE:c;

J?.emand deposits.

S

I une dPpmnts...... . .. Deposits of t. H. GovPrmtwnt ..... .

l)pposits of States and political sub-

divisions .....

DPposits of banks . . . . . . . . . .....

Other deposits (certified and offiC'Ns'

chPC'ks, etc.).

Bills payable. . . . . .

. ....

Acceptan('es exPcutNl by or .for ac-

eount of this bank and outstand-

ing ..... .

Othrr liabilitirs.

Capital.

Surplus... . ................. . l~ndivided profits.

Hescrves.

331,718.79 27,833.58 20,103.31
38,378.08 None
531.35 None
None None 25,000.00 25,000.00 23,244.37 None

Total Assds ....

.s 491,809.48

Total Liabiliti<'s ...............S 491,809.48

156

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1962, 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

.\SSETH Cash, balanePs with other bank~, in-
cluding reserve balances, and rash iternR in process of collPction ...... $ l'nited Htatf's GovernmPnt obligations, direct and guaranteed ..... . Obligations of StatPt:'i and political :-:mbdivisions. . . . . . . . . . . . . Othe-r bonds, notes, and dPbenturPs .. Corporate sitH'ks (including stock of FedPral RPHf'fVI' Bank). . . . . . Loans and discounts (including ovPrdrafts). . . . . .................. . Bank premb('S owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . Real es_tatc owned other than bank
prCIHlSPS. . . . . . . . . . . . . . . . . . . .
InvestmC'nts and otlwr assets indirectly rpp'resent ing bank prPmisP:s
c~~t~~~~~~rli~!bw;;~;\o ti1i~ b~~~k ~~~ a<cpptancc:s outstanding. Other Assets.

126,480.96 433.968.75
91,936.38 39,918.75
None 517,898.40
20,264.97 None
None None None

Total Assets .....

. ...... $ 1,230,468.21

LIABILITIES

Demand d(po:sits.

. .S

Time dPpo:sits. . . . . . . . . . ...
Deposits of r. ~. Government .....

Deposits of Htatts and politieal sub-

divisions .....

J)pposits of banks. . . . . . . . . . . . . . .

( )thf'r dPposits (cf'rtified and offi('ers'

chPcks, d{'.).

Bills payable ........ . Acceptancf's Pxcuted

by. o~. i~r

ac~

~ount of this bank and outstand-

Ing ........ .

OthPr liabilitiPs.

Capital.

Hurplus ......... .

Undivided profits.

Hescrvf's ....

536,341.10 403,534.04
6,618. 79
124,983.04 None
381.25 None
None 7,857.87 25,000.00 100,000.00 25,752.12
None

Total Liabilities ..

.....s 1,230,468.21

STATEMENT
Showing condition at the close of business December 31, 1962, of BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks

W. H. LOVETT, President.
Date of Charter: 2-16-1897

AHt'ETS

Cash, halatH'I'S with ''thcr banks, in-

eluding nserve balarH'f'S, and eash

itPms in process of collPction ...... $

l~nited StatPs Government obliga-

tioni::i, direct and guarantePd.... .

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . .

Other bonds, not<:-;, and debent.urPs..

Corporate stocks (including stock of

FPdNa.l Reserve Rank) . . . . . . . . . .

Loans and discounts (ineluding ovPr-

drafts) . . . . . . ........ : . . . . .

Bank prC'mi:sPs ownPd, furniture and

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

Heal estate owned other than bank

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

lnvf'stmPnts and other assets indi-

rectly rpprpscnting bank prcmis{'S

or other real f'statc. . Customers' liability to

.... this

~;~~k

un

acceptances outstanding. . .

Other Assets.

489,068.07 1,013,890.07
13,191.20 260,037.46
None 1, 604,161.30
4,590.66 None
None None None

J. B. FULGHUM, Cashier.
Began Business: 2-16-1897
~~ ------==---==-=-====

LIABILITIEti

Demand deposits. . ..............$

Time uPposits..................

Deposits of C. H. GovcrnmPnt......

Deposits of 8tatcs and political sub-

divisions ...... .

DPposits of hanks ................ .

OthPr deposits (certified and officers'

checks. etc.).

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

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

Acceptances executed by or for ac-

~ount of this bank and outstand-

Ing ........ .

Other liabilities.

Capital. .. .

Hurplus ......... .

lndivided profits.

Hcscrvcs ....

1,540,547. 93 1,163,375.64
9,244.97
262,424.47 70,192.88
7,462.81 None
None None 50,000.00 175,000.00 76,690.06 30,000.00

Total Assets ...

. $ 3,384,938.76

Total Liabilities.............. $ 3,384,938.76

FORTY-THIRD ANNUAL REPORT

157

STATEMENT
Showing condition at the close of business December 31, 1962, of
THE EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called 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

ASSETti Cash, balancs with other banks, in-
cluding reserve balances, and rash i terns in process of collPction ......S tnited States Government obliga-
tions, direct and guarantePd . . . .
Obligations of States and politieal subdivisions. . . . . . . ..
OthC'r bonds, notfs, and dPlwnturPs .. Corporate sto('kH (including stock of
Federal HPsPrve Bank). . Loans and discounts (including ovPr-
drafts). . . . . . ..... . Bank premisC's owned, furniture and
fixturPs. . . . . . . . . . . . . . . Real <'state owned othC'r than bank
premis<'H.... . . . . . . . . ... InvC'stm<'nts and other assets indi-
rectly rPpresenting bank pr<'miHes
C~:t~>~~~:.rti~bilft~tl't.(; ti1is. ba~k ~I~
acceptances outstanding.
Other Assets.

176,940.96 429,634.21
94,885.68 9,096.75 None
1,047,158.22 17,026.67 None
None None 3,120.00

Total Assets ...

. . .$ 1,777,862.49

LIABILITIEti

Demand depm:;its.

$

Time dPposits ..... .

Deposits of{. S. GovPrnru<nt. . . .

Deposits of StatPs and political sub-

divisions ....

DPposits of hanks. . . . . . . . . . .

OthPr deposib (eertified and offi<ers'

('}wcks, <'t<'.).

Bills payublP.

..

,\ccpptan<-<'H PXPCUttd by or for aC'-

rount of this bank and outstand-

ing ....

Other liabilities ..

Capital.

Hurplus. . . . . .

l ndividf'd profits.

H<'S('f\'('S.

798,727.90 382,403.38
20,116.68
319,483.46 None
5,867.77 None
None None 50,000.00 150,000.00 51,263.30 None

Total LiabilitiPs.......... .

$ 1, 777,862.49

STATEMENT
Showing condition at the close of business December 31, 1962, of THE BANK OF ZEBULON Zebulon, Ga.

As called for by the Superintendent of Banks

J. J. EDWARDS, President.
Date of Charter: 3-18-1905

J. H. BAKER, Cashier.
Began Business: 1-31-1905
- - - - ---=--=-=--~__c__c..c_--'----=

AtitiETH

Cash, balanc(s with other banks, in-

cluding fPHC'TVf' balatH'f'l-l, and cash

items in procel-ls of collection. . . . .$

l~nited States Government obliga-

tions, direct and guaranteed . . . .

Obligations of States and political

subdivisions. . . . . . . . . .

..

Other bonds, notes, and dcbenturPs ..

Corporate stocks (including stock of

Federal Reserve Bank). . .

.

Loans and diHcounts (including ovPr-

drafts) . .

.. ..

Bank prPmises ownPCl, furniture and

fixturPs..... . . . . . . . . . .

Real estate owned other than bank

premise:s....... . . . . . . . ....

Investments and otlwr a-SH<'h; indi-

rectly rpprPHcnting bank prPrnisPs

or other real estate ..... . Customers' liability to this

l~a~k.

on

accPptanccs outstanding.

Other Assets.

370,312.29 616,588.82
46,152.16 110,000.00
None 427,494.64
3,856.52 None
None None 1,019.53

LL\BILIT!Eti D('mand dPpol-lits ................. S Time dPposits ............... . DPpoHib of l .. H. GovPrnmf'nt ..... . Deposits of States and political sub-
divisions ..... . DepositH of banks. . . . . . . . . . . . Other deposits (certified and officPrs'
checks, Pte.). Bills payable. . . . . . AccPptanrPH f'xf'cut('(l by or for ac-
count of this bank and outstanding ....... . ( HhPr liabilitiPs. Capital.
Hurplus. . . . ... tndividcd profits.
Hcserves.

626,611.71 592,276.13
7,309.06
150,127.16 None
5,422.62 None
None 8,965.68 50,000.00 50,000.00 74,711.60 10,000.00

Total Assets.

..$ 1,575,423.96

Total Liabilities .............. $ 1,575,423.96