Forty-eighth annual report [1967]

Forty-Eight Annual Report
SUPERINTENDENT of BANKS
of GEORGIA

1967

W. M. JACKSON Superintendent of Banks

STATE OF GEORGIA
Department of Banking
Created by Act Approved August 16, 1919
*
Forty-eighth Annual Report
Year Ending December 31, 1967
*
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. M. JACKSON, Superintendent ofBanks

iii
ll.tJntrtm.tnt of llnnlting
;i;tut.e .of <!i.e.o:rgi:tt .Atlunttt !tD:t:t4
December 31, 1967
The Honorable Lester Maddox Governor of Georgia State Capitol Atlanta, Georgia 30334
Dear Governor Maddox:
In compliance with the provisions of Article II, Sections IS and 16 of the State Banking Law, I am submitting herewith the Forty-Eighth Annual Report of the Superintendent of Banks, covering the operation of the Banking Department for the year ending December 31, 1967.
The financial data contained herein was taken from the annual call reports of condition of state chartered banks; Regulated Certificated banks; credit unions and other statistical information made available through examinations and investigation reports of the fmancial institutions under the supervision of the Department of Banking.
The Forty-Eighth Annual Report discloses a total of three hundred fortyone state chartered banks, with eighty-four branches and bank offices; also, twenty-five Regulated Certificated banks, one hundred fifty-three credit unions and seven money order companies licensed to do business in this state.
A new chapter was written in the history of Georgia banking by the enactment of the "Regulated Certificated Bank Act" in 1966. The provisions of the act, among other requirements, prohibited private banking in this state after December 31, 1967. A summary of the disposition of the forty-seven private banks registered with the Department of Banking shows:
7 Converted to state chartered banks 25 Converted to Regulated Certificated Banks
I Private bank closed due to bankruptcy I 0 Voluntarily discontinued business 4 Applications for conversion disapproved
The consolidated year-end report reflects an all-time high deposit volume of $2,618,681,703, which represented an increase of 13.04 percent as compared to a 12.02 percent increase for the previous year. Demand deposits of $1,106,492,885, excluding public funds and deposits of banks, reflected an increase of 12.7 percent for this year, while time deposits of $1,092,153,063 increased by 17.8 percent. Deposits of .the United States

iv
Government amounted to $34,011,994, while deposits of state and political subdivisions amounted to $284,639,841.
Loans and discounts, after valuation reserves, amounted to $1 ,473, 133,813, an increase of $155,394,430 over the previous year-end. The total loans represent 50.2 percent of total assets. The ratio of total capital funds to total assets of Georgia state banks ranks among the highest in the nation at 8.6 percent.
Legislation Enacted at the 1967 Session of the General Assembly:
S.B. 170 -This Act reduces the present population limitation in municipalities from 80,000 to 60,000 (according to the 1960 official United States census or any future official United States census) to qualify for unlimited branching with the prior approval of the Superintendent of Banks. (Code Section 13-203.1)
H.B. 634- To provide that legal reserves may be computed by each bank, savings bank and trust company as of the opening of business on every other Thursday (unless Thursday be a legal holiday, in which event said computation shall be made as of the opening of business on the next succeeding business day) or such other day as the Superintendent of Banks may from time to time, by regulation, establish for such calculation, and shall at that time be computed on the basis of the average daily demand and/or savings and time deposits of such bank, savings bank or trust company covering the biweekly period immediately preceding the day fixed for such computation. (Code Section 13-2027)
H.B. 585 - An act to provide that no bank shall carry on or conduct or do a banking business in this state except on the premises of the place of business (banking house) established and operated under and pursuant to a permit from the Superintendent of Banks. A place of business for the doing of a banking business would include a parent bank, a branch bank, a bank office or a bank facility. A banking business is the business which a bank is authorized by law to do. (Code Section 13-204.1)
As a matter of information ahd in line with the policy of this Department to update the Banking Code of this state to keep abreast of the changing banking climate, the following legislation was enacted at the 1968 session of the General Assembly:
H.B. 933 - An act to amend Code Section l 00-l 08, relating to the pledging of assets in lieu of bonds by State depositories to secure public deposits, so as to include industrial revenue bonds of development authorities which have been duly validated by law, and as to which there has been no default in the payment either of principal or interest. Approved March 29, 1968.

v
H.B. 934- An act to amend Code Section 13-2023, relating to investments, so as to provide for the investment by a state bank in the stock of a corporation engaged in international or foreign banking. Approved April 8, 1968.
H.B. 935 - An act to amend Code Section 13-2023, relating to the purchase of stocks and investment securities by banks, so as to provide for the purchase of all of the capital stock in subsidiary corporations organized for the purpose of exercising incidental powers authorized under Code Section 13-1802, as may be necessary to carry on the business of banking. Approved April9, 1968. H.B. 937 - An act to amend Code Section 13-2012, relating to loans to officers, directors, agents or employees, so as to exempt indebtedness arising by reason of general arrangements under which a bank (a) acquires charge or time credit accounts, or (b) makes payments to or on behalf of participants in a bank credit card plan, check credit plan or similar plan, not exceeding $1 ,000, from the limitations imposed under Sections 132011 and 13-2012. Approved March 18, 1968.
H.B. 938 - An act to amend Code Chapter 13-18, relating to powers of banks organized under this title, to add a new Section 13-1802, so that a bank, in addition to the powers enumerated in Section 13-180I , shall have corporate power to exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking, when approved by the Superintendent of Banks; provided, however, that such incidental powers shall not be greater than the powers and activities permitted to national banking associations under the laws of the United States. Approved April 8, 1968.
H.B. 939- An act to amend Title 13 of the Banking Law, so as to clarify the provisions relative to authorized and outstanding capital stock; to provide for a stock option plan or the withholding of capital stock from sale, and to provide that notes or debentures issued or sold by a state bank or trust company shall be considered as a portion of the capital and unimpaired surplus of the bank in determining loan and investment limits. Approved April 8, 1968.
H.B. 947 - An act to declare the thirtieth day of May of each year, commonly known as National Memorial Day, to be a public and legal holiday in this state. Approved April 8, 1968.
Respectfully,
W.M. Jackson Superintendent of Banks

vi

DEPARTMENT OF BANKING

TABLE OF CONTENTS
Page Letter of Transmittal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iii Official Roster. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii Receipts and Disbursements......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . viii Summary of Activities Relating to Charters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix-xi Permits to Begin Business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi Branch Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xii Bank Offices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiii Bank Facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvi Additions and Deletions of Banks During Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvii State Bank Members of Federal Reserve System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xviii Legal Holidays . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xix Superintendent of Banks - Past and Present . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xix Classification of Banks by Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . XJI Abstract of Reports of Condition. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xxi Individual Statements of State Banks............................................. 1-171 Applications for Incorporation as Regulated Certificated Banks Approved . . . . . . . . . . . . . . . . 172 Applications for Incorporation as Regulated Certificated Banks Disapproved . . . . . . . . . . . . . . 172 Permits to Begin Business- Regulated Certificated Banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173 Disposition of Private Banks under Regulated Certificated Bank Act. . . . . . . . . . . . . . . . . . . . . 173 Abstract of Reports of Condition - Regulated Certificated Banks. . . . . . . . . . . . . . . . . . . . . . . 174 Individual. Statements of Regulated Certificated Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . 175-187 Credit Unions:
Abstract of Reports of Condition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 188 Listing............................................................. 189-192 Money Order Firms Licensed Under the Georgia Sale of Checks Act. . . . . . . . . . . . . . . . . . . . . 193

FORTY-EIGHTH ANNUAL REPORT

vii

OFFICIAL ROSTER
DECEMBER 31, 1967
Annual Salary W. )f. Jackson, Superintendent of Banks............................ $20,556.00 H. W~ Goodloe, Jr., Assistant Superintendent of Banks.... . . . . . . . . . . . . . 14,604.00 Ashburn T. West, ExamineriV .................. ................. 13,248.00
SENIOR BANK EXAMINERS
Aycock, M.T., Decatur, Ga....................................... $11,436.00 Brooks, B. T., Stone Mountain, Ga................................. 11,436.00 Butler, Joe W., Camilla, Ga....................................... 8,544.00 Callier, Robert H., Jr., Dublin, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,436.00 Jones, Frank J., Chula, Ga. .. .. . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,436.00 Martin, E. G., Decatur, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,896.00 Mimbs, Norman E., McRae, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,976.00 Moler, Robert M., Norcross, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,976.00 Morris, Reece V., Doraville, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,976.00 Paxton, Walter A., Albany, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,436.00 Sams, Marion 0., Atlanta, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,380.00 Shannon, William E., Jr., Statesboro, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,888.00 Smith, Edgar B., III, Decatur, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,976.00
ASSISTANT BANK EXAMINERS
Bryant, Morris 1., Albany, Ga..................................... $ 7,032.00 Butts, Robert C., Richland, Ga. .. .. . . . .. . . . . . . . . . . .. .. .. . . . . . . .. . 7,380.00 Griswold, James H., Albany, Ga........... . . . . . . . . . . . . . . . . . . . . . . . . 7,380.00 Jones, Carl William, Jr., Decatur, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,032.00 Malone, Charles L., Jr., Decatur, Ga................................ 7,032.00 Miller, Hubert C., Statesboro, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,380.00 Stewart, Alexander M., Sr., Decatur, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,380.00
TRAINEE BANK EXAMINERS
Campbell, Richard 0., Griffm, Ga................................. $ 6,372.00 Couch, Luke L., Jr., Decatur, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,372.00 Ellis; Charles Edward, Sylvester, Ga..... . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,372.00 Johnson, Edmund Roger, Dublin, Ga.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,372.00 King, Davis W., Sylvester, Ga. .. .. . . . . . . . . . . . . . . . . . . . . .. . .. . . . . .. . 6,372.00 Middleton, Harvey J., Jr., Atlanta, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,372.00
OFFICE ASSISTANTS
Bruns, Estyl C., Stenographer III. ................................. $ 4,752.00 Ethridge, LaVerne Jean, Clerk III . . . . . . . .. . . . . . . . .. .. . . . . . . . . . . .. . 6,072.00 Harris, Nancy Dianne, Typist II .. . .. . . . . . . . . . . . . . . . . .. . . . . . . . .. .. 4,308.00 Lee, Dorothy L., Accounting Clerk II.............................. 5,784.00 Reed, Frances S., Stenographer III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,752.00 Rogers, Joyce C., Stenographer III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,992.00 Rogers, Thomas D., Clerk I...................... .. . . .. . . . . . . . .. . 3,720.00
CREDIT UNION DIVISION
Arnold, Thomas G., Supervisor ................................... $ 9,888.00 Abel, Nick R., Jr., Examiner........... . . . . . . . . . . . . . .. . . . . . . . .. . . 7,380.00 Grovensteen, George W., Examiner.......... . . . . . . . . . . . . . . . . . . . . . . 9,420.00 Gunn, Robert H., Examiner. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,420.00

viii

DEPARTMENT OF BANKING

DEPARTMENT OF BANKING, STATE OF GEORGIA

RECEIPTS AND DISBURSEMENTS 1967

RECEIPTS

Balance January 1,1967 .................... $ 1,280.05

Received from Appropriation. . . . . . . . . . . . . . . . . 458,237.22

Miscellaneous Income.......................

81.00

$459,598.27

DISBURSEMENTS Superintendent's Salary . $ 20,556.00 Assistant Superintendent's Salary. . . . . . . . . . . . . . 13,587.00 Examiners' Salaries. . . . . . . . . . . . . . . . . . . . . . . . . 241 ,849.89 Office Assistants' Salaries. . . . . . . . . . . . . . . . . . . . 40,960.24 Per Diem and Fees......................... 512.75 Travel Expenses........................... 70,451.73 Supplies and Material. . . . . . . . . . . . . . . . . . . . . . . 2,062.98 Communication........................... 5,001.50 Printing and Publicity....................... 6,102.11 Repairs and Alterations . . . . . . . . . . . . . . . . . . . . . 1,960.50 Rent (Equipment}......................... 2,155.78 Insurance and Bonding...................... 175.00 Pensions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38,378.86 Equipment............................... 1,697.91 Miscellaneous. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 423.30
$445,875.55
Balance December 31,1967 .......................... $ 13,722.72

FORTY-EIGHTH ANNUAL REPORT

ix

NAME OF BANK

CHARTERS APPROVED
LOCAT~ON

APPROVED

The Citizens and Southern Bank of North Fulton .................... Roswell . . . . . . . . . . . . . . . . . . . . . . . . . 1- 9-67
The Citizens and Southern North DeKalb Bank ................... North DeKalb Shopping Center....... 5-18-67
The Bank ofGriffm ...................... Griffm . . . . . . . . . . . . . . . . . . . . . . . 5-29-67 Gwinnett Bank & Trust Company ............. Norcross......................... 9- 7-67 Citizens Bank of Calhoun .................. Calhoun ........................ 12-27-6i

NAME OF BANK

RENEWAL OF CHARTERS APPROVED LOCATION

APPROVED

Fort Gaines Banking Company ............... Fort Gaines . . . . . . . . . . . . . . . . . . . . . . 1-12-67 First State Bank of Blakely .............. Blakely........ . . . . . . . . . . . . . . . . 1-12-67 Citizens Bank of Americus ............... Americus......................... 1-25-67 Pitts Banking Company ................... Pitts............................ 1-25-67 Farmers and Merchants Bank .............. Fayetteville . . . . . . . . . . . . . . . . . . . . 2-24-67 Farmers and Merchants Bank ................ Lakeland . . . . . . . . . . . . . . . . . . . . . . . 2-28-67 Bank of Lenox .......................... Lenox . . . . . . . . . . . . . . . . . . . . . . . 3- 6-67 Wilkinson County Bank .................. Irwinton... . . . . . . . . . . . . . . . . . . 3-17-67 The Citizens and Southern Bank of LaGrange .... LaGrange . . . . . . . . . . . . . . . . . . . . . . . 5-24-67 The Patterson Bank ...................... Patterson . . . . . . . . . . . . . . . . . . . . . . . . 5-29-67 First State Bank......................... Valdosta. . . . . . . . . . . . . . . . . . . . . . . . . 6-21-67 Bank of Danielsville ..................... Danielsville....................... 6-21-67 Buena Vista Loan and Savings Bank ........... Buena Vista . . . . . . . . . . . . . . . . . . . . . 9-11-67 The Pembroke State Bank ................... Pembroke........................ 9-19-67 The Woodland Bank ....................... Woodland. . . . . . . . . . . . . . . . . . . . . . . 10. 2-67 The Exchange Bank of Springfield ........... Springfield. . . . . . . . . . . . . . . . . . . . . . 11-21-67 Citizens Bank............................. Cuthbert. . . . . . . . . . . . . . . . . . . . . . . 12- 6-67 Bank of Pinehurst ....................... Pinehurst . . . . . . . . . . . . . . . . . . . . . . . . 12- 6-67

X

DEPARTMENT OF BANKING

APPUCATIONS TO INCREASE CAPITAL STOCK APPROVED

NAME OF BANK

WCATION APPROVED AMOUNT OF INCREASE

The Exchange Bank ............ Wrightsville ..... 1- 9-67 Bank of Smyrna ................ Smyrna ........ 1-12-67 Montezuma Banking Company ..... Montezuma ..... 1-12-67 Peachtree Bank & Trust Company... Chamblee ...... 1-12-67 Roswell Bank .................. Roswell ........ 1-17-67 First State Bank in Cordele ........ Cordele ........ 1-17-67 Bank of Madison................ Madison ....... 1-25-67 The Darien Bank................ Darien ......... 1-25-67 Northeastern Banking Company .... Commerce...... 1-26-67 Exchange Bank of Unadilla........ Unadilla ....... 1-26-67 Columbus Bank and Trust
Company................. Columbus ...... 1-31-67 Tippins Banking Company, Inc..... Claxton........ 1-31-67 Citizens Banking Company ........ Hartwell ....... 1-31-67 First State Bank and Trust Company. Albany ........ 2- 3-67 Hardwick Bank & Trust Company... Dalton......... 2- 3-67 Farmers & Merchants Bank........ Summerville .... 2-14-67 Nicholls State Bank.............. Nicholls........ 2-21-67 Bank of Thomson ............... Thomson....... 2-23-67 Baker County Bank............. Newton........ 2-28-67 Ade1 Banking Company .......... Adel .......... 2-28-67 Farmers and Merchants Bank ...... Lakeland....... 2-28-67 Union County Bank ............. Blairsville. . . . . .. 3-15-67 The Peoples Bank ............... Atlanta ........ 3-17-67 Sylvester Banking Company ....... Sylvester ....... 3-17-67 Georgia Railroad Bank &
Trust Company ............ Augusta........ 3-24-67 The Bank of Edison. ............. Edison......... 3-24-67 Bank of Waynesboro ............. Waynesboro .... 4-11-67 The Farmers Bank............... Forsyth........ 4-25-67 Farmers and Merchants Bank
of Coolidge ............... Coolidge ....... 5- 5-67 The Bank of LaFayette ........... LaFayette ...... 5- 5-67 Fannin County Bank............. Blue Ridge...... 5- 5-61 Citizens Bank of Forsyth. ......... Forsyth........ 5-15-67 The Citizens and Southern
Emory Bank. .............. Decatur........ 6-12-67 The Patterson Bank.............. Patterson....... 6-20-67 Fairburn Banking Company ....... Fairburn ....... 7- 7-67 Bank of Commerce .............. Americus....... 7-31-67 The Peoples Bank ............... Crawfordville ... 8-22-67 Trust Company of Georgia
Bank of DeKalb ............ Atlanta ........ 9-12-67 The Commercial Bank............ Douglasville..... 10-16-67 The Farmers Bank............... Douglas ........ 10-18-67 Citizens Bank of Americus ........ Americus....... 11- 6-67 Williams Banking Company........ Rhine ......... 11-20-67 Richmond County Bank .......... Augusta........ 11-20-67 State Bank of Kingsland .......... Kingsland ...... 11-29-67 Bank of Forest Park ............. Forest Park ..... 12- 5-67 Rossville Bank.................. Rossville ....... 12-27-67
*Authorized and unissued as of 12-31-67

$ 50,000 to$ 100,000 435,000to 500,000 50,000to 100,000 175,000 to 210,000 150,000 to 300,000 125,000 to 200,000 50,000 to 100,000 50,000to 100,000 75,000 to 150,000 50,000 to 150,000

1,700,000 to 2,550,000 90,000to 270,000 100,000 to 200,000
850,000to 900,000 300,000 to 400,000 200.000to 300,000
2S,OOOto 50,000
150,000 to 187,500 25,000 to 100,000 100,000 to 150,000 25,000 to 50,000 50,000to 100,000 400,000to 420,000* 150,000 to 200,000

3,750,000 to 4,000.000 100,000 to 150,000 150,000 to 200,000 100,000 to 125,000

25,000to 200,000to 100,000 to
40,000to

50,000 250,000 200,000 120,000

350,000to 25,000 to
125,000 to 200,000to
25,000 to

370,000 50,000 175,000
400,000 50,000

375,000 to 125,000 to 300,000to 200,000to
25,000 to 200,000 to
50,000 to 320,000to 250,000 to

500,000 250,000 360,000 400,000 100,000 220,000 100,000 380,000 375,000

FORTY-EIGHTH ANNUAL REPORT

xi

APPLICATIONS TO REDUCE PAR VALUE OF CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

PAR VALUE REDUCED

OF STOCK

TO APPROVED

Bank of Fulton County . . . . . . . . . . . East Point......... . $ 10 The Rockmart Bank. . . . . . . . . . . . . . Rockmart. ........ . 100 Northeastern Banking Company. . . . . Commerce ........ . 100 Columbus Bank and Trust Company . Columbus ......... . 10
Baker County Bank . . . . . . . . . . . . . . Newton .......... . 100 Citizens State Bank . . . . . . . . . . . . . . Alma ............ . 100
Farmers and Merchants Bank
of Coolidge . . . . . . . . . . . . . . . . Coolidge .......... . 100 American Bank of Atlanta ......... Atlanta........... . 10 Rossville Bank . . . . . . . . . . . . . . . . . . Rossville .......... . 100

$5 10 10
5
10 10
10
so2.50

1-17-67 1-25-67 1-26-67 1-31-67 2-28-67 3-10-67
5- 5-67 11-14-67 12-27-67

MISCELLANEOUS APPLICATIONS TO AMEND CHARTERS APPROVED

NAME OF BANK

LOCATION NATURE OF AMENDMENT APPROVED

Tippins Banking Company, Inc...... Claxton. ....... To acquire Trust Powers ........ 1-31-67 To change name to Tippins Bank & Trust Company
South Side Atlanta Bank .......... Atlanta ........ To acquire Trust Powers ........ 4-11-67 To change name to Atlanta Bank & Trust Company
Cobb Exchange Bank ............. Marietta ....... To acquire Trust Powers ........ 4-14-67 Trust Company of Georgia
Bank of DeKalb............. Atlanta ........ To relocate its Main Office from .. 9-12-67 4021 Peachtree Road, N.E. to 1 Executive Park Drive, N.E.

PERMITS TO BEGIN BUSINESS

NAMEOFBANK

LOCATION

ISSUED BEGAN BUSINESS

Bowman State Bank .............. Bowman ............. 12-16-66 .............. 1- 3-67 The Knight State Bank ............ Dexter .............. 1-30-67 .............. 2- 1-67 Trust Company of Georgia Bank
of Sandy Springs ............ Sandy Springs . . . . . . . . 4-25-67 ..............4-27-67
The Citizens and Southern Bank of North Fulton............. Roswell ............. 6- 2-67 ..............6-10-67
Bank of Cave Spring .............. Cave Spring. .......... 6- 9-67 ..............6-15-67

CONVERSION OF STATE BANK INTO A NATIONAL BANK

NAME OF BANK

LOCATION

DATE

Wayne State Bank (converted to "The ....... Jesup ............................... 1-3-67 First National Bank of Wayne County")

xii

DEPARTMENT OF BANKING

BRANCH BANKS AS OF DECEMBER 31, 1967

NAME OF BRANCH

NAME OF PARENT

BEGAN LOCATION BUSINESS

The Citizens Trust Company,

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

Trust Company of Georgia,

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

Trust Company of Georgia,

Stewart Avenue and Glenn

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

Trust Company of Georgia,

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

Trust Company of Georgia,

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

Trust Company of Georgia,

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

Georgia Railroad Bank &

Trust Company,

Georgia Railr(!ad 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.,

1Oth Street .............. Columbus Bank & Trust Co............ Columbus

Columbus Bank & Trust Co.,

Wynnton Branch,

13th Avenue & Warren

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

Cornelia Bank,

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

Citizens Bank,

Nahunta, Ga. . ........... Citizens Bank ..................... Folkston

Savannah Bank & Trust Co.,

Waters Avenue Branch,

Medical Arts Shopping

Center.................. Savannah Bank & Trust Co............ Savannah

Savannah Bank & Trust Co.,

Midtown Branch,

1120 Bull St.. ............ Savannah Bank & Trust Co............ Savannah

Savannah Bank & Trust Co.,

West Broad Street Branch,

320 West Broad Street ..... Savannah Bank & Trust Co............ Savannah

Savannah Bank & Trust Co.,

Skidaway Road and

Victory Drive ............ Savannah Bank & Trust Co............ Savannah

Savannah Bank & Trust Co.,

Traffic Circle Branch,

U.S. Highway 17 between

Bay and Houlihan Sts. . .... Savannah Bank & Trust Co............ Savannah

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 11- 9-53
2-17-60

FORTY-EIGHTH ANNUAL REPORT

xiii

BANK OFFICES AS OF DECEMBER 31, 1967

NAME OF OFFICE

NAME OF PARENT

BEGAN LOCATION BUSINESS

The Citizens & Southern Bank

of Albany,

The Citizens & Southern Bank

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

First State Bank & Trust Co.,

218 Broad Street Office .... First State Bank & Trust Co........... Albany

First State Bank & Trust Co.,

Slappey Drive Office ....... First State Bank & Trust Co........... Albany

Bank of Commerce

Lamar Street Office

Tripp and Lamar Streets .... Bank of Commerce . . . . . . . . . . . . . . . . . Americus

American Bank of Atlanta,

Peachtree Office,

1409 Peachtree, N.E....... American Bank of Atlanta............ Atlanta

American Bank of Atlanta

Ansley Mall Office

1540 Piedmont Avenue, N.E. American Bank of Atlanta............ Atlanta

The Peoples Bank,

Buckhead Office,

2970 Peachtree Rd., N.W.... The Peoples Bank .................. Atlanta

Atlanta Bank & Trust Co.,

Ben Hill Office,

Campbellton Road, S.W.....Atlanta Bank & Trust Company........ Atlanta

Trust Company of Georgia,

Hartford Building Office,

100 Edgewood Ave., N.E.... Trust Company of Georgia ........... Atlanta

Trust Company of Georgia,

Northeast Freeway Office,

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

Trust Company of Georgia,

Chattahoochee Office,

1221 Chattahoochee

Avenue, N.W........... Trust Company of Georgia ........... Atlanta

Trust Company of Georgia

Bank ofDeKalb,

Executive Park Office,

N. Druid Hills Rd. at

Trust Company of Georgia Bank

Northeast Freeway. . . . . . of DeKalb ...................... Atlanta

Trust Company of Georgia

Fulton Industrial Office

Old Gordon Road and Fulton

Industrial Boulevard..... Trust Company of Georgia ........... Atlanta

The Commercial and Savings

Bank of Augusta,

Commerce Office,

The Commercial and Savings

666 Broad Street . . . . . . . . . Bank of Augusta ................. Augusta

Richmond County Bank,

Cherokee Office,

2625 Deans Bridge Road.... Richmond County Bank ............. Augusta

Austell Bank,

Bankhead Office,

1935 Bankhead Hwy., S.W... Austell Bank ...................... Austell

Commercial & Exchange Bank,

Parkway Circle Office,

232 Tallapoosa Street ...... Commercial & Exchange Bank......... Bremen

The Peoples Bank,

South and Maple

Street Office ............. The Peoples Bank .................. Carrollton

7-11-60 4- 1-61 5-22-61 2-13-67 11- 1-66 10-30-67 9-10-65 6-10-63 1-20-65 2-26-62
6-10-64
3-15-66
6-29-67
9-19-66 12- 2-63 1- 2-64 5-26-66 5-10-65

xiv

DEPARTMENT OF BANKING

BANK OFFICES AS OF DECEMBER 31, 1967 (Cont'd)

NAME OF OFFICE

NAME OF PARENT

BEGAN LOCATION BUSINESS

Peachtree Bank and Trust

Company,

Chamblee-Dunwoody

Peachtree Bank and

Office . . . . . . . . . . . . . . . . . . Trust Company .................. Chamblee

Columbus Bank and Trust

Company,

Buena Vista Road Office,

Buena Vista Road and

Columbus Bank and

Tennessee Drive........ Trust Company .................. Columbus

Columbus Bank and Trust

Company,

Macon Road Office,

Columbus Bank and

Midtown Shopping Center . . Trust Company .................. Columbus

Cornelia Bank,

North Main Drive-in Office,

402 N. Main Street ........ Cornelia Bank ..................... Cornelia The Citizens and Southern

Emory Bank,

Toco Hills Office,

LaVista and North Druid The Citizens and Southern

Hills Road............... Emory Bank .................... Decatur

Farmers and Merchants Bank,

Bellevue Office,

606 Bellevue Avenue....... Farmers and Merchants Bank.......... Dublin

Bank of Forest Park,

Morrow Road Office,

Ash St. & Morrow Rd...... Bank of Forest Park................. Forest Park

The Citizens Bank,

Lanierland Office ......... The Citizens Bank .................. Gainesville

Commercial Bank & Trust Co.,

Mcintosh Road Office,

1482 W. Mcintosh Road .... Commercial Bank & Trust Co.......... Griffm

Citizens Bank of Hapeville,

International Park

Airport Office ............ Citizens Bank of Hapeville ............ Hapeville

LaGrange Banking Company,

South Greenwood St. Office

500 South Greenwood St.. .. LaGrange Banking Company .......... LaGrange

The Brand Banking Company,

Brand Bank Drive-in,

492 E. Crogan Street ...... The Brand Banking Company ......... Lawrenceville Georgia Bank & Trust Company

Pio Nono Office

Pio Nono Plaza ........... Georgia Bank & Trust Company ....... Macon

Marietta Commercial Bank,

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

Exchange Bank,

Southside Office .......... Exchange Bank .................... Milledgeville

Roswell Bank,

North Roswell Office,

Alpharetta Street ......... Roswell Bank ..................... Roswell

St. Simons State Bank,

Longview Office,

St. Simon~

Frederica Road........... St. Simons State Bank. . . . . . . . . . . . . . . Island

2-11-63
10-29-65
3-22-65 1-18-65
12-14-64 7- 9-64 9- 8-65 2-18-63 2- 2-66 7-24-63 12-15-65 8-22-64 6- 5-67 10- 2-61 9-20-63 6- 1-65 7- 7-66

FORTY-EIGHTH ANNUAL REPORT

XV

BANK OFFICES AS OF DECEMBER 31, 1967 (Cont'd)

NAME OF OFFICE

NAME OF PARENT

BEGAN LOCATION BUSINESS

Savannah Bank & Trust Co.,

Stephenson Avenue Office,

Stephenson Avenue and Savannah

Abercorn St. . . . . . . . . . . Bank & Trust Company............ Savannah

Bank of Smyrna,

S9uth Cobb Office,

685 S. Cobb Drive......... Bank of Smyrna.................... Smyrna

Sea Island Bank,

South Side Office,

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

Commercial Bank,

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

Bank of Thomas County,

Northside Office .......... Bank of Thomas County ............. Thomasville

Bank of Tifton,

Northside Office,

1002-8 Love Avenue ....... Bank of Tifton..................... Tifton

The Bank of Toccoa,

Big A Office,

Big A Road .............. The Bank of Toccoa ................ Toccoa

The Citizens & Southern Bank

of Tucker,

LaVista Road Office,

The Citizens and Southern

4148 LaVista Road . . . . . . . Bank of Tucker .................. Tucker

The Bank of Warner Robins,

Warner

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

Citizens State Bank,

Warner

Briarcliff Office........... Citizens State Bank . . . . . . . . . . . . . . . . . Robins

Washington Loan & Banking

Co., Liberty St. Office

Washington Loan and

113 Liberty Street . . . . . . . . Banking Company................ Washington

Commercial Bank,

Northside Office,

500 Albany Avenue ....... Commercial Bank. .................. Waycross

Bank of Waynesboro,

Council Street Office,

Cor. Council and

Commerce Sts.......... Bank of Waynesboro ................ Waynesboro

11-15-65 11-14-63 7-16-62 3-21-61
1-20-61 6-27-66 5-27-65
10-21-65 6-16-62 5- 9-63 1-11-65 9-24-65
6-24-66

xvi

DEPARTMENT OF BANKING

FACILITIES AS OF DECEMBER 31, 1967

NAME OF FACILITY

NAME OF PARENT

BEGAN LOCATION BUSINESS

The Citizens & Southern

Bank of Albany,

U.S. Marine Corps Supply The Citizens & Southern

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

First State Bank & Trust Co.,

Turner Air Force

Base Facility ............. First State Bank & Trust Co........... Albany

Alma Exchange Bank

Drive-in,

Cor. U.S. Hwy. I and

18th Street .............. Alma Exchange Bank................ Alma

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Bank of Canton

Drive-in Facility

72 South Church Street .... Bank of Canton .................... Canton

Columbus Bank & Trust Co., Columbus Bank &

Ft. Benning Facility . . . . . . . Trust Company .................. Columbus

Commercial State Bank

Drive-in,

310 S. Wiley Avenue ....... Commercial State Bank .............. Donalsonville

Merchants and Farmers Bank,

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

Bank of Eastman

Main Street Drive-in Facility

Main and Third Streets ..... Bank of Eastman ................... Eastman

The Citizens & Southern Bank

of LaGrange Drive-in Facility,The Citizens & Southern

Main, Broome and Bull Sts... Bank of LaGrange ................ LaGrange

Moultrie Banking Company,

Drive-in Office,

514 S. Main Street ........ Moultrie Banking Company ........... Moultrie

Perry Loan and Savings Bank,

Macon Street Office,

Perry Loan and

1132-34 Macon Street...... Savings Bank .................... Perry

The Citizens Bank of Swainsboro

Drive-in Facility

116 North Main Street ..... The Citizens Bank of Swainsboro . . . . . . Swainsboro

Sylvester Banking Company,

Drive-in Facility,

101 E. Pope Street ........ Sylvester Banking Company........... Sylvester

The Peoples Bank,

Drive-in Facility,

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

7- 2-56 9-21-53
4-27-66 1-19-42 12-29-67 2-20-20 12-17-63 11-13-61 4-24-67 4-16-62 5-31-62 8- 6-65 I 0- 6-67 7-16-62 4-15-60

FORTY-EIGHTH ANNUAL REPORT

xvii

ADDITIONS AND DELETIONS OF BANKS DURING YEAR

Banks in Operation January 1, 1967 ................... .
Banks in Operation December 31, 1967 ................ Banks Opening During Year.................. Bowman State Bank, Bowman The Knight State Bank, Dexter
Trust Company of Georgia Bank of Sandy Springs, Sandy Springs
Citizens and Southern Bank of North Fulton, Roswell
Bank of Cave Spring, Cave Spring Banks Nationalized During Year ...................... .
Wayne State Bank, Jesup
Bank Offices and/or Facilities Opening During Year....... . Bank of Commerce, Americus Lamar Street Office Bank of Eastman, Eastman Main Street Drive-in Facility Georgia Bank & Trust Company Pio Nono Office Trust Company of Georgia, Atlanta Fulton Industrial Office The Citizens Bank of Swainsboro, Swainsboro Drive-in Facility American Bank of Atlanta, Atlanta
Ansley Mall Office Bank of Canton, Canton
Drive-in Facility, 72 South Church Street

BANKS 337 341
5
7

BRANCHES BANK OFFICES AND FACIUTI~
77 84

xvili

DEPARTMENT OF BANKING

STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM
Bank of Adairsville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Adairsville Citizens Trust Company .....................................................Atlanta Trust Company of Georgia ...................................................Atlanta Georgia Railroad Bank & Trust Company ....................................... Augusta Citizens Bank & Trust Company ............................................ Bainbridge Blackshear Bank ........................................................ Blackshear Columbus Bank and Trust Company .........................................Columbus Granite City Bank ........................................................ Elberton Brand Banking Company .............................................. Lawrenceville Farmers Bank ............................................................Monroe Savannah Bank & Trust Company of Savannah ................................ Savannah Bank of Waynesboro ................................................... Waynesboro

FORTY-EIGHTH ANNUAL REPoRT

xix

LEGAL HOLIDAYS

January I- New Year's Day January I9- Lee's Birthday February 22 -George Washington's Birthday April 26 - Memorial Day June 3 - Jefferson Davis' Birthday July 4 - Independence Day First Monday in September - Labor Day October I2 - Columbus Day November II - 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.
Note: May 30, National Memorial Day (Beginning I968)

SUPERINTENDENTS OF BANKS, PAST AND PRESENT

Name

Date of Appointment

T. R. Bennett .............................. November I7, I919 A. B. Mobley ............................ January I, 1927 W. J. Davis................................. September 24, 1931 R. E. Gormley .............................. January I, I932 R. R. Tippins ............................... October 6, 1936 John C. Beasley ........................... January 11, 1937 R. E. Gormley ............................. January 25, I937 C. B. Golsan, Acting Superintendent . . . . . . . . . . . . . January I, I940 John C. Beasley ............................ January 14, 1941
0. G. Jackson ............................. March 22, I947 A. P. Persons ............................. November 18, I948 W. D. Trippe ............................ July I, I960 W. M. Jackson, Acting Superintendent ........... July I6, 1963 W. M. Jackson ............................ February 17, I964

Date Service Ended
January 1, I927 Sc!ptember 24, 193I January I, I932 October 6, 1936 January 11, 1937 January 25, I937 January I, I940 January 14, 1941 March 21, 1947 November 18, 1948 June 6, I960 July I5, 1963 February 16, 1964

XX

DEPARTMENT OF BANKING

CLASSIFICATION OF BANKS BY CAPITALIZATION AS OF DECEMBER 31, 1967

No. of Banks

tap.tal

1

0 0. 0 0. 0 0 0

19

0 0 0 0 0 0 0 0

7

0 0. 0 0

1

0 0 0. 0

2

0. 0 0 0. 0 0 0 0 0 0

1

0 0 0

58

0. 0.

1

0. 0 0 0 0. 0 0

2

0 0

2

0. 0 0. 0 0. 0 0 0. 0. 0 0

5

0 0 0

1

0 0 0 0. 0. 0

83

0. 0. 0

3

0 0 0 0

7

0. 0 0 0 0

1

0 0.

1

0 0 0. 0 0.

1

0. 0 0 0 0 0

.......................... 27 3

0 0 0 0

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

48 ..........................

I ..........................

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

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

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

11 ..........................

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

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

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

11 ..........................

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

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

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

I ..........................

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

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

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

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

7 ..........................

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

7 ..........................

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

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

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

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

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

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

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

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

$ 15,000.00 25,000.00 30,000.00 35,000.00 40,000.00 45,000.00 50,000.00 55,000.00 60,000.00 70,000.00 75,000.00 90,000.00 100,000.00 120,000.00 125,000.00 130,000.00 133,400.00 140,000.00 150,000.00 175,000.00 187,500.00 200,000.00 210,000.00 220,000.00 225,000.00 240,000.00 250,000.00 270,000.00 275,000.00 286,000.00 300,000.00 320,000.00 325,000.00 350,000.00 352,000.00 360,000.00 370,000.00 375,000.00 380,000.00 400,000.00 450,000.00 500,000.00 575,000.00 800,000.00 900,000.00
1,000,000.00 1,650,000.00 2,550,000.00 4,000,000.00 10,800,000.00

Total Capital

Total Resources

$ 15.000.00 475.000.00 210,000.00 35,000.00 80,000.00 45,000.00
2,900,000.00 55,000.00 120,000.00 140,000.00
375,000.00 90,000.00
8,300,000.00 360,000.00 875,000.00 130,000.00 133,400.00 140,000.00
4,050,000.00 525,000.00 187,500.00
9,600,000.00 210,000.00 220,000.00 450,000.00 240,000.00
2,750,000.00 540,000.00 275,000.00 286,000.00
3,300,000.00 320,000.00 325,000.00 700,000.00 352,000.00 720,000.00 370,000.00 375,000.00 380,000.00
2,800,000.00 450,000.00
3,500,000.00 575,000.00
1,600,000.00 900,000.00
2,000,000.00 1,650,000.00 2,550,000.00 4,000,000.00 10,800,000.00

$ 706,815.82 25,092,948.32 8,966,481.89 2,597,897.89 5,697,836.43 2,410,907.02 133,745,099.42 897,009.35 6,652,831.06 5,290,227.07 10,970,515.28 4,945,793.46 379,617,749.78 11 ,959,391.49 40,469,920.54 4,525,856.47 8,837,108.53 5,475,614.46 163,449,167.23 16,336,130.16 7,808,427.79 373,021 ,732.80 10,211,821.85 5,217,605.08 16,782,823.11 9,391,493.50 94,095,341.11 11,342,290.66 11,998,005.44 12,947,130.87 137,055,401.77 10,782,548.11
11 '707'782.43 26,029,864.30 14,973,122.77 26,683,642.85 27,477,644.41 18,465,924.23 10,871 ,589.88 Ill ,925,323.86 21,722,897.19 135,273,838.58 16,851,653.06 50,260,642.97 36,331 ,449.98 82,648,538.72 81 ,645,396.57 84,265,398.84 145,893,446.26 494,934,364.43

FORTY-EIGHTH ANNUAL REPORT

xxi

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA

AS OF DECEMBER 31, 1967

(With Comparative Statement as of December 31, 1966)

Dec. 31, 1967 Dec. 31, 1966

341 Banks

337 Banks

84 Branches* 77 Branches*

Increase+ Decrease-

ASSETS

Cash and balances with other banks ....... . $ 446,041,768 $ 416,051,008

U. S. Government Obligations, direct

and guaranteed ................. 516,739,262 479,719,244

Obligation~ ~f. States and political

subdiVISions................... 279,557,353 232,508,392

Securities of Federal Agencies - not

guaranteed by U.S................ . 140,139,484

98,246,887

Other securities, corporate stocks,

and stock in Federal Reserve Bank ....

6,939,344

4,570,554

Loans and Discounts, including

overdrafts ..................... 1,473,133,813 1,317,739,383

Bank premises, furniture and fixtures

and other assets indirectly repre-

senting bank premises ...........

57,414,030

43,919,457

Real Estate owned other than bank

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

2,723,664

1,955,034

Customers' liability on acceptances

_____ outstanding ..................

113,497

358,553

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

14,447,778

12,499,943

TOTAL ASSETS ..................... $2,937,249,993 $2,607,568,455

$ 29,990,760 + 37,020,018 + 47,048,961 + 41,892,597 + 2,368,790+ 155,394,430 +
13,494,573 + 768,630+ 245,056-
1,947,835 + $329,681,538 +

UABIUTIES Demand Deposits ..................... Time Deposits ...................... Deposits ofU. S. Government ........... . Deposits o~ ~t~tes and political
subdiVISions .................... . Deposits of Banks..................... . Other deposits (certified and officers'
checks, etc.) ....................
TOTAL DEPOSITS................... .

$1,106,492,885 $ 982,006,113

1,092,153,063 926,762,400

34,011,994

28,087,281

284,639,841 81,719,285

283,268,120 81,123,562

19,664,635

15,183,649

$2,618,681.703 $2,316,431,125

$124,486,772 + 165,390,663 + 5,924,713 +
1,371,721 + 595,723 +
4,480,986+ $302,250,578 +

Liabilities for borrowed money .......... . Acceptances executed and outstanding .... . Other liabilities....................... .
TOTAL UABIUTIES (not including capital accounts) ................. .

1,850,185 113,497
63,844,441

2,247,415 358,553
57,778,814

$2,684,489,826 $2,376,815,907

397,230245,0566,065,627 +
$307,673,919 +

CAPITAL ACCOUNTS

Capital Notes . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,400,000 $

Common Stock ...................... .

71,478,900

Surplus............................. . 105,831,720

Undivided Profits .....................

47,622,594

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

23,426,953

2,500,000 67,041,400 97,938,420 42,380,933 20,891,795

TOTAL CAPITAL ACCOUNTS ........... $ 252,760,167 $ 230,752,548

$ 1,900,000 + 4,437,500+ 7,893,300+ 5,241,661 + 2,535,158 +
$ 22,007,619 +

TOTAL UABIUTIES AND CAPITAL ACCOUNTS..................... $2,937,249,993 $2,607,568,455 $329,681,538 +
*Includes branch banks, bank offices and facilities.

FORTY-EIGHTH ANNUAL REPORT STATEMENT
Showing condition at the close of business December 31, 1967, of

ABBEVILLE STATE BANK Abbeville (Wilcox), Ga.

As called for by the Superintendent of Banks

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

C. A. NEWCOMER, JR., Cashier.
Began Business: 4-22-1952

ASSETS

Caah, balances with other banks, and

cub Item~ in proceu of collection$ . 326,696.70

United States Government obllsa

tions, direct and paaranteed 407,226.85

Obllsations of States and poUtical

aubdlviaions. 23,823.68

Securitiea of Federal apncies and

~r.~t~~. ~~~. -~t-e~~- -~~ 247,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and diacounta, includin1 over-

drafts... 711,353.58

Bank premises, furniture and fixtures,

and ~ther aaseta representin& bank

prenuaea

425.63

Real estate owned other than bank

p r e m i s e s. .

None

CUstomers' liability to thla bank on

acceptances outatandJn&.

None

- - - - - Other aaseta.

699.26

Total Aaseta. $ 1,717,225.70

LIABILITIES
Demand deposits..$ Time and aavlnp deposita. Deposita of U.S. Government.
Decd::O:.f. ~~~~. ~~~ -~-~t~c-a~ -~~
Deposits of banks... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of thla bank and outstanding... - .. Other liabilities. ... Capital notes and debentures.. Preferred stock... Common stock...... Surplus.... Undivided profits Reserves. .....

844,825.04 539,729.95
2,082.72
154,951.59 None
2,507.08 None
None 11,278.01
None None 50,000.00 75,000.00 36,851.31 None

Total Liabilities....$ 1,717,225.70

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF ACWORTH Acworth (Cobb), Ga.

As called for by the Superintendent of Banks

H. W. PITNER, President
Date of Charter: I0-31-1905

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

ASSETS

Cash, balances with other banks, and

cub ite011 in proceu of collection$ 734,926.09

United States Government obliga-

tions, direct and guaranteed 714,514.66

Obligations of States and political

subdivisions. . 43,440.81

Securities of Federal agencies and

t?~~~~~~ ~~~ -~t~~ -~~ I 549,856.28

Other securities, corporate stocks and ' stock in Federal Reserve Bank.

None

Loans and diacounts, including overdrafts 2,390,462.40

Bank premises, furniture and fixtures,

and other aaseta representing bank premises.

85,314.37

Real estate owned other than bank
I premises. . - .
Customers' liability to this bank on acceptances outstanding.
Other aasets..

3,901.69 None
1,893.13

Total Aaaeta$ 4,524,309.43

LIABILITIES

Demand deposits$ 2,056,569.06

Time and savings deposita. 1,931,367.86

Deposita of U.S. Government

19,555.37

De~:..:.'. ~t~~~.~~~ -~-~~~ -s~~: 116,850.93

Deposita of banks..

None

Certified and officers' checks, etc

11,594.72

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other liabilities.

12,000.00

Capital notes and debentures.

None

Preferred stock.....

None

Common stock... 100,000.00

Surplus... 140,000.00

Undivided profits. 136,371.49

Reserves...

None

Total Liabilities.$ 4,524,309.43

2

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF ADAIRSVILLE Adairsville (Bartow), Ga.

As called for by the Superintendent of Banks

J. E. McKELVEY, President.
Date of Charter: 3-21-1899

MRS. LOIS S. ADAMS Cashier.
Besan Business: 3-24-1899

ASSETS

Cub, balances with other banks, and

cub items 1n proceaa of collection$ 332,402.81

United States Government oblip

tiona, direct and paranteed 322,471.87

Obliptiona of States and political

aubdiviaiona. . 527,901.27

Securities of Federal apnciea and

~r.~t~~~ ~~~. -~~~t~~~. -~~ 35,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

4,500.00

Loans and diacounta, including over-

drafts. 1,141,737.14

Bank premises, furniture and fixtures,

and other aaaeta representln& bank

premises. 40,426.98

Real estate owned other than bank

p r e m i s e s

None

Customers' liabWty to this bank on

acceptances outatandlna. ..

None

Other aaaeta. ..

None

Total Aaaeta$ 2,404,440.07

LIABILITIES

Demand deposits$ 1,191,261.35

Time and savings deposita. . 801,393.27

Deposits of U.S. Government. 17,915,78

De~:.:.'. ~t~~~. ~~~ -~-~t~~a~ .~~ 110,223.61

Deposits of banks. . . . . .

None

Certified and officen' checks, etc. . .

5,711.48

Other liabWtiea for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

lng Other liabWties Capital notes and debentures...
Preferred stock.. Common stock. S u r p l u s . . . . . . Undivided profits.......
Reserves . . . . . . . . .

None 1,548.00
None None
50,000.00 100,000.00 126,386.58
None

Total LiabWties.$ 2,404,440.07

STATEMENT

Showing condition at the close of business December 31, 1967, of

ADEL BANKING COMPANY Adel (Cook), Ga.

As called for by the Superintendent of Banks

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

C. H. PARKER, III, Cashier.
Began Business: 3-1-1929

ASSETS

Cash, balances with other banks, and

cub items in proceaa of collection$ 788,726.66

United States Government obliga-

tions, direct and guaranteed . 813,329.50

Obligations of States and political

subdivisions. ..... 551,051.42

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~~t~~~. -~~ 300,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank..

None

Loans and diacounts, including overdrafts........... 3,375,941.57

Bank premises, furniture and fixtures,

and other aaaets representing bank premises

20,500.00

Real estate owned other than bank premises..........

None

Cuatomen' liabWty to this bank on

acceptances outstanding. .

None

- - - - - Other aaaets...

1,600.39

Total Aaaeta$ 5,851,149.54

LIABILITIES

Demand deposita$ 2,796,585.15

Time and savings deposits. . 2,112,248.94

Deposits of U.S. Government. . . . 61,127.53

De(K!S!ta of States and political sub

daviaiona. 337,268.79

Deposita of banks.. 75,388.62

Certified and officers' checks, etc

1,084.56

Other liabilities for borrowed money.

None

Acceptances executed by or for. ac

count of this bank and outstand

ing.

None

Other liabWtiea

85.50

Capital notes and debentures...

None

Preferred stock..........

None

Common stock........ 150,000.00

Surplus................. 100,000.00

Undivided profits....... 102,360.45

Reserves............ 115,000.00

Total LiabWties.$ 5,851,149.54

FORTY-EIGHTH ANNUAL REPORT

3

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERSANDMERCHANTSBANK Adel (Cook), Ga.

As called for by the Superintendent of Banks

W. J. HARRIS, President.
Date of Charter: 12-11-1947

JAMES B. LAWRENCE, Cashier.
Be~an Business: 1-15-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ . 297,376.88

United States Government obllp-

tions, direct and JUUBRteed 532,055.43

ObJiptlons of States and poUtlcal

subdivisions. . .. 11,050.40

Securities of Federal apncies and

t~r.~t~~~~. ~~~. -~t~~- -~~ 400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts... ... 1,672,916.38

Bank premises, furniture and fixtures,

and other assets representing bank

premises.. . . 48,709.20

Real estate owned other than bank

premises. . . .

None

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets. _ _ _N_on_e

Total Assets..$ 2,962,108.29

LIABILITIES

Demand deposits.$ 1,208,800.63

nme and savinp deposits. . 1,156,143.47

Deposits of U.S. Government....... 22,002.88

Dei"?&!ts of States and political sub-

divisions.......... 305,404.52

Deposits of banks.......

None

Certified and officers' checks, etc, .. 35,700.15

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing . . . . . . . . . .

None

Other liabilities. . ...

None

Capital notes and debentures..

None

Preferred stock........

None

Common stock...... 100,000.00

Surplus.... 100,000.00

Undivided profits. 34,056.64

Reserves . . . . .

None

Total Liabilities......$ 2,962,108.29

STATEMENT

Showing condition at the close of business December 31, 1967, of

MONTGOMERY COUNTY BANK Ailey (Montgomery), Ga.

As called for by the Superintendent of Banks

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

BETTY JANE MASSEY, Cashier.
Began Business: 3-1-1926

ASSETS Cub, balances with other banks, and
cash items in process of collection$ United States Government oblip-
tions, direct and guaranteed Obllptions of States and political
subdivisions. ..... Securities of Federal agencies and
t~r.~~t~~~~ ~~~. -~~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, including overdrafts.......
Bank premises, furniture and f"axtures, and other assets representing bank premises...
Real estate owned other than bank premises........
Customers' liability to this bank on acceptances outstanding. .
Other assets. ..

214,724.91 298,885.63
None
299,453.13 None
592,288.57
2,764.31 None None None

Total Assets..$ 1,408,116.55

LIABILITIES Demand deposits$ nme and savinp deposits Deposits of U.S. Government.
De~:.:.'. ~t~~~. ~~~ -~~t~~ .s~~
Deposits of banks..... Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding...... Other liabilities. ..... Capital notes and debentures Preferred stock.. Common stock.. Surplus.... Undivided profits.. Reserves . . . . . .

667,266.90 494,622.71
13,914.44 93,280.88 10,428.54
5,876.88 None
None 23,099.89
None None 30,000.00 65,000.00 4,626.31 None

Total Liabilities. ~ ....$ 1,408,116.55

4

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

WHEELERCOUNTYSTATEBANK Alamo (Wheeler), Ga.

As called for by the Superintendent of Banks

WALLACE ADAMS, President.
Date of Charter: 1-15-1945

FRANCES C. GRIFFIN, Cashier.
Began Business: 1-17-1945

ASSETS

Cash, balances with other banks, and cash items in process of coUection.$ 381,403.69

United States Government oblip tions, direct and 1JU81'8Rteed .. 443,209.54

Obliptions of States and political subdivisions. . ...
Securities of Fedenl apncies and
t~r.~t~~~. ~~~. -~~t~~~- -~~

None None

Other securities, corporate stocks and stock in Federal Reserve Bank.

26,785.65

Loans and discounts, including over drafts...... 1,112,676.20

Bank premises, furniture and fixtures,

and other assets representing bank twemises . . . . .

12,014.37

Real estate owned other than bank

premises . . .

None

Customers' liability to this bank on

acceptances outstanding. . .

None

- - - - - Other assets........

None

Total Assets..$ 1,976,089.45

LIABILITIES
Demand deposits...$ Time and savinp deposits.. Deposits of U.S. Government.
De~:,Sns~f. ~t~~~. ~~~ -~l~t~c:a~ .s~~
Deposits of banks.... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ing..... Other liabilities. . ... Capital notes and debentures.. Preferred stock.. Common stock. S u r p l u s . . . . Undivided profits..... Reserves....

793,597.32 598,256.13
8,931.45 411,190.07
None 8,766.42
None
None 5,209.46
None None 25,000.00 100,000.00 25,138.60 None

Total Liabilities......$ 1,976,089.4S

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF ALAPAHA Alapaha (Berrien), Ga.

As called for by the Superintendent of Banks

J.P. CULPEPPER, SR., President.
Date of Charter: 3-4-1905

ALVIN H. RINER, Cashier.
Bepn Business: 3-25-1905

ASSETS

Cash, balances with other banks, and

cash items in twocess of collection$ 256,285.84

United States Government oblip-

tions, direct and 1JU81'8Rteed 978,799.27

Obliptions of States and political

subdivisions. 477,755.90

Securities of Federal apncies and
~r.t~~~-. ~~~. -~~~. -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and diacounta, including over-

drafts. 1,240,042.46

Bank premises, furniture and fixtures,

and other assets retwesenting bank

.-emises. 59,485.50

Real estate owned other than bank

JWemises. .. -

126.38

Customers' liability to this bank on

acceptances outstanding.

None

- - - - Other assets. .....

264.18

Total Assets..$ 3,112,759.53

LIABILITIES

Demand deposits..$ 953,009.04

Time and savinp deposits. . 1,424,201.97

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

7,102.56

Def!S!ts of States and political sub-

divisions... 275,318.90

Deposits of banks... 50,000.00

Certified and officers' checks, etc. . Other liabilities for borrowed money.

1,088.58 None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g . . .

None

Other liabilities. ... 20,801.24

Capital notes and debentures..

None

Preferred stock.....

None

Common stock.... 100,000.00

Surplus......... 150,000.00

Undivided profits

81,237.24

Reserves...

50,000.00

Total Liabilities......$ 3,112,759.53

FORTY-EIGHTH ANNUAL REPORT

5

STATEMENT

Showing condition at the close of business December 31, 1967, of

ALBANYSAV1NGSBANK Albany (Dougherty), Ga.

As called for by the Superintendent of Banks

THOS. R. STANBURY, President.
Date of Charter: 8-21-1950

P. T. BOSTWICK, Cashier
Be_gan Business: 10.2-1950

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 272,144.85

United States Government obllp-

tions, direct and guaranteed . 367,078.13

Obligations of States and political

subdivisions. . ....... 398,000.00

Securities of Federal agencies and

. . t~r.~~t~~~~ ~~~ -~~t~~~. -~~ 955,309.19

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts....... 7,534,008.16

Bank premises, furniture and f"txtures,

and other assets representing bank

premises... 25,572.50

Real estate owned other than bank

premises......... 62,798.39

Customers' liability to this bank on

acceptances outstanding. . . .

None

- - - - Other assets. . .....

None

Total Assets....$ 9,614,911.22

LIABILITIES

Demand deposits.....$

None

Time and savings deposits.. 8,034,399.70

Deposits of U.S. Government...

4,443.52

De~ts of States and political sub-

divisions........ 220,000.00

Deposits of banks.... 125,000.00

Certif"ted and off"tcen' checks, etc..

None

Other liabHities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

i n g. . .

None

Other liabilities. .... 575,234.27

Capital notes and debentures

None

Preferred stock.

None

Common stock. 150,000.00

Surplus...... 175,000.00

Undivided prof"tts.. 230,833.73

Reserves....... 100,000.00

Total LiabHities.....$ 9,614,911.22

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS & SOUTHERN BANK OF ALBANY Albany (Dougherty), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 9,208,206.10

United States Government obllp-

tions, direct and guaranteed 7,064,751.20

Obllptions of States and political

subdivisions. . 5,705,378.83

Securities of Federal agencies and

~r.~t~~~~. ~~~. -~~~t~~~- -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. 36,450.00

Loans and discounts, including over-

drafts.. 17,373,027.16

Bank premises, furniture and f"txtures,

and other assets representing bank premises.. 951,125.83

Real estate owned other than bank premises.... 127,967.79

Customers' liabHity to this bank on acceptances outstanding. .

None

Other assets. ... 291,701.54

Total Assets..$,50,758,608.45

LIABILITIES

Demand deposits....$18,649,276.81

Time and savings deposits.. 20,111,735.27

Deposits of U.S. Government. 482,167.83

~rv:;:.:.f. ~t~~~-~~~ .'':~~~c-~ .s~~ 3,468,041.12

Deposits of banks................ 1,863,564.68

Ceitified and officers' checks, etc... 156,736.01

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g . . .

None

Other liabilities.... 1,944,784.66

Capital notes and debentures

None

Preferred stock....

None

Common stock..... Surplus....... Undivided prof"tts.. Reserves . . . . . . . . .

1,000,000.00 1,200,000.00
948,841.16 933,460.91

Total Liabilities....$ 50,758,608.45

6

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FIRST STATE BANK AND TRUST COMPANY Albany (Dougherty), Ga.

As called for by the Superintendent of Banks

HERBERT P. HALEY, President.
Date of Charter: 3-31-1961

MORRIS McNEIL, Cashier.
Began Business: 3-31-1961

ASSETS

Cash, balances with other banks, and

cash items in procesa of collection$ 4,631,566.34

United States Government obliga-

tions, direct and guaranteed . 6,201,424.85

Obliga~i~~s of States and political

subdivuaons..... 3,774,102.20

Securities of Federal agencies and

~r.~~t~~~~ ~~~. -~~t~~. -~~ 3,400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts.... 17,404,861.57

Bank premises, furniture and fixtures,

and other assets representing bank

premises.. 564,529.02

Real estate owned other than bank

premises....

None

Customers liability to this bank on

acceptances outstanding. ..

None

Other assets. ........ 354,966.00

Total Assets...$36,331,449.98

LIABILITIES

Demand deposits$12,831,519.17

Time and savings deposits 12,815,885.13

Deposits of U.S. Government. . 488,528.17

De~:.:.'. ~t~~~. ~~~ -~~t~~a~ -s~~: 4,160,418.30

Deposits of banks................ 918,834.46

Certified and officen' checks, etc. 271,638.93

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding.... Other liabilities. . .. Capital notes and debentures Preferred stock... Common stock.. Surplus... Undivided profits... Reserves.....

None 1,515,635.25
None None 900,000.00 1,000.000.00 778,990.57 650,000.00

Total Liabilities......$36,331,449.98

STATEMENT Showing condition at the close of business December 31, 1967, of

THEFOURCOUNTYBANK Allentown (Wilkinson), Ga.

As called for by the Superintendent of Banks

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

MISS M. OPAL CHANCE, Cashier.
Began Business: 9-15-1941

ASSETS

Cash, balances with other banks, and

cash items in procesa of collection.$ 904,351.38

United States Government obliga-

tions, direct and guaranteed .. 1,193,885.32

Obligations of States and political subdivisions. . ....... 449,161.45

Securities of Federal agencies and
t~r.~t~~~. ~~~. -~~t~~- -~~ 314,360.52

Other securities, corporate stocks and

stock in Federal Reserve Bank... 15,500.00

Loans and discounts, including overdrafts.......... 2,132,638.60

Bank premises, furniture and fixtures,

and other asaets representing bank premises........

33,488.98

Real estate owned other than bank

premises. . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

- - - - Other aasets. ........

924.77

Total Assets......$ 5,044,311.02

LIAWLITIES

Demand deposits...$ 1,744,049.82

Time and savings deposits.. 2,334,760.51

Deposits of U.S. Government..

7,556.79

De~:.:.'. ~t~~~.~~~ -~~t~~ -s~~ 433,794.80

Deposits of banks... Certified and officen' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand i n g . . . . . . . Other liabilities.... Capital notes and debentures... Preferred stock....... Common stock.... S u r p l u s. . . . . . . . Undivided profits... Reserves............

70,827.39 13,744.15
None None 107,828.70 None None 100,000.00 200,000.00 16,748.86 15,000.00

Total Liabllities....$ 5,044,311.02

FORTY-EIGHTH ANNUAL REPORT

7

STATEMENT

Showing condition at the close of business December 31, 1967, of

ALMA EXCHANGE BANK Alma (Bacon), Ga.

As called for by the Superintendent of Banks

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

R. E. BOATRIGHT, Cashier.
Began Business: 10-14-1939

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ 799,902.24

United States Government obliga-

tions, direct and guaranteed . 880,252.29

Obligations of States and political

subdivisions. . . . 397,433.10

Securities of Federal agencies and

. .. t~r.~~t~~~~ ~~~ s:-a~~~t~~~. -~~ 600,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts.......... . . 3,799,766.62

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . 109,508.79

Real estate owned other than bank

premises : . . .

None

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets. . . . . . 12,033.00

Total AAets.$ 6,598,896.04

LIABILITIES

Demand deposits.....$ 1,426,257.65

Time and savings deposits. . 3,485,301.75

Deposits of U.S. Government. 36,304.68

De~:..:.f. ~t~~~-~~~ .P_O..~t~c-a~ .s~~: 1,015,069.35

Deposits of banks................ 105,314.37

Certified and officen' checks, etc. 52.,406.64

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None 31,382.35

Capital notes and debentures...... Preferred stock....... Common stock.......... S u r p l u s . . . . Undivided profits..... Reserves.....

None None 125,000.00 125,000.00 196,859.25 None

Total Liabilities......$ 6,598,896.04

STATEMENT

Showing condition at the close of business December 31, 1967, of

CfinZENSSTATEBANK Alma (Bacon), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ 633,207.69

United States Government obliga-

tions, direct and guaranteed 759,934.25

Obligations of States and political

subdivisions. . . . . . 493,972.41

Securities of Federal agencies and

.. t?~~t~~~~. ~~~ s:-a~t~~~. -~~ 149,625.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over-

drafts. . . . . . . 2,303,569.88

Bank premises, furniture and f"txtures,

and other assets representing bank

premises. . . . 104,829.41

Real estate owned other than bank

premises. . . . . . .

None

Customers' liability to this bank on

acceptances outstanding.

None

Other assets. . . .

None

Total AAets.$ 4,445,138.64

LIABILITIES
Demand deposits....$ Time and savinp deposits.. Deposits of U.S. Government..... DeiM!sits of States and political sub-
divisions.... Deposits of banks... Certif"ted and officen' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding............. Other liabilities. .......... Capital notes and debentures... Preferred stock.... Common stock... S u r p l u s . . . . . . Undivided proms.... Reserves . . . . . . . . .

1,389,726.75 2,102,195.41
19,033.82
457,276.85 10,000.00 8,701.74 None
None 35,051.18
None None 100,000.00 200,000.00 53,152.89 70,000.00

Total Liabilities..$ 4,445,138.64

8

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK OF ALPHARETTA Alpharetta (Fulton), Ga.

As called for by the Superintendent of Banks

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

WENDELL N. MOSS, Cashier.
Began Business: 4-12-1920

ASSETS

Cash, balances with other banks, and

cash items In process of collection.$ 554,923.19

United States Government obllp-

tions, dlrect and guaranteed 1,435,446.49

Obllptions of States and political

subdivisions. . . 300,954.35

Securities of Federal apncles and

~r.~t~~~~ ~~~ -~~t~~~ -~~

0

0

0

649,959.35

Other securities, corporate stocks and

stock In Federal Reserve Bank. .

None

Loans and discounts, lncludln1 over-

drafts. . . . . . 2,836,898.85

Bank premises, furniture and fixturea,

and other asaets representinl bank

premisea. . . . 115,114.18

Real estate owned other than bank

premisea. . . .

None

Customers' liability to this bank on

acceptance& outstandin1. . .

None

Other assets. . . 27,670.87

Total Assets..$ 5,920,967.28

LIABILITIES

Demand deposits.$ 2,023,478.40

Time and savlnp deposits 2,586,159.08

Deposits of U.S. Government....... 81,079.64

ee~:.:.f. ~t~~~ -~~~ -~~i.t~c_a~ .s~~ 551,993.81

Deposits of banks. . . .

None

Certified and officers' checks, etc. 67,383.57

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandinl. 0 0 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 Other liabilities. . ..... Capital notes and debentures.. Preferred stock....... Common stock...... Surplus..... Undivided profits... Reserves...

None
188,726.59 None None
150,000.00
100,000.00 97,146.19 75,000.00

Total Liabilities....$ 5,920,967.28

STATEMENT Showing condition at the close of business December 31, 1967, of

THE BANK OF COMMERCE Americus (Sumter), Ga.

As called for by the Superintendent of Banks

HENRY L. COLLIER, President.
Date of Charter: 10-13-1891

J. R. BUCHANAN, JR., Cashier.
B~gan Business: 1-2-18~2

ASSETS

Cash, balances with other banks, and

cash items In process of coUection$ 2,110,707.86

United States Government obllp-

tions, direct and suaranteed 2,241,314.00

Obllptions of States and political

subdivisions. . . . 2,437,196.49

Securities of Federal a1encles and

t~r.~t~~~~ . ~~~ ':-'~~t~~. -~~

None

at;::e~'W:~:.-.rn=: :ac;.ck~.~~

None

Loans and discounts, lncludln1 over-

drafts.......... . . . 5,645,321.12

Bank premisea, furniture and fixtures,

and other asaets representinl bank

premisea. . . . . . . 333,823.85

Real estate owned other than bank

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

4,346.36

Customers' liability to this bank on

acceptance& outstandlns. .

None

Other asaets. . . . . .

None

Total Assets.....$12,772,709.68

LIABILITIES

Demand deposits..$ 6,636,483.96

Time and savlnp deposits... 3,003,360.78

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

90,554.38

De~sits of States and political sub-

divisions.... 1,386,976.60

Deposits of banks... . 148,746.69

Certified and officers' check\> etc

23,066.51

Other liabilities for borrowed -oney.

None

Acceptances executed by or fbr ac-

count of this bank and outstand-

inl...........

None

Other liabilities........ Capital notes and debentures Preferred stock..

36,000.00 None None

Common stock........ 400,000.00

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

350,000.00 377,520.76 320,000.00

Total Liabilities..........$12,772,709.68

FORTY-EIGHTH ANNUAL REPORT

9

STATEMENT

Showing condition at the close of business December 31, 1967, of
CITIZENS BANK OF AMERICUS Americus (Sumter), Ga.

As called for by the Superintendent of Banks

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

W. L. McCRARY, JR., Cashier.
Began Business: 3-25-1937

ASSETS

Cash, balances with other banks, and

cash items In proceu of collection.$ 1,942,833.03

United States Government oblip

tiona, direct and auaranteed . 1,556,479.11

Obliptions of States and political

subdivisions. 1,606,870.31

Securities of Federal qencies and

~r.~t~~~. ~~~ .~~t~~- .~~ 2,100,000.00

Other securities, C()J)KKate stocks and

stock In Federal Reserve Bank....

None

Loans and discounts, lncludin1 over-

drafts. 5,287,055.08

Bank premises, furniture and fixtures,

and other 888ets representin1 bank

premises.. 173,389.99

Real estate owned other than bank

premises....

None

Customers' liability to this bank on

acceptances outstandin1.

None

Other 888ets.. - - ' - -N-on-e

Total~ $12,666,627.52

LIABILITIES

Demand deposits.$ 6,148,597.84

Time and savlnp deposits.. 3,120,981.70

Deposits of U.S. Government. 249,984.84

De~:,SO:.f. ~t~~~-~~~ .~.~~.'~c-~ .s~~ 2,075,211.05

Deposits of banks..

None

Certified and officers' checks, etc..

20,921.59

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

inl........

None

Other liabilities. ........

99,000.00

Capital notes and debentures...

None

Preferred stock..... Common stock....

None 400,000.00

Surplus.... 350,000.00

Undivided profits...... 151,930.50

Reserves....

50,000.00

Total Liabilities......$12,666,627.52

STATEMENT

Showing condition at the close of business December 31, 1967, of
BOSTWICK BANKING COMPANY Arlington (Calhoun), Ga.

As called for by the Superintendent of Banks

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

CARL CLEMENTS, Cashier.
B_egan Business: 3-1~1936

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obliptions, direct and auaranteed .
Obliptiona of States and political subdivisions. ..
Securities of Federal qencies and
t~r.~t~~~ . ~~~. -~t~~~. -~~
Other securities, corporate stocks and stock In Federal Reserve Bank...
Loans and discounts, lncludin1 overdrafts...
Bank premises, furniture and fixtures, and other 888eta representinl bank p r e m i s e s . . . . . .
Real estate owned other than bank premises......
Customers' liability to this bank on acceptances outatandln1. ..
Other 888ets. ..

341,634.71 502,262.05
None
449,422.43 None
615,927.08
19,717.46 None None None

Total A88ets. ...$ 1 928,963.73

LIABILITIES

Demand deposits......$ 1,253,273.06

Time and savlnp deposits 291,259.00

Deposits of U.S. Government

8,732.40

DeJK!"!ts of States and political sub-

divisions........ 171,690.49

Deposits of banks....

None

Certified and officers' checks, etc..

None

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n l . . . . . . . . .

None

Other liabilities...... 21,166.57

Capital notes and debentures.

None

Preferred stock...

None

Common stock.

50,000.00

Surplus......... 102,500.00

Undivided profits...

12,500.00

Reserves.......

17,842.21

Total Liabilities.....$ 1,928,963.73

10

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

ASHBURN BANK Ashburn (Turner), Ga.

As called for by the Superintendent of Banks

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

GILBERT D. BRANCH, Cashier.
_Began Business: 7-1900

ASSETS

Cash, balances with other banks, and

caah items in process of collection$ 475,707.86

United States Government oblip-

tions, direct and suaranteed . 1,061,802.40

Ob6ptions of States and po6tical

subdivisions. . ... 1,204,075.77

Securities of Federal apncies and

t~r.~t~~~~ .~~~ ..~t~~~..~~

None

Other securities, corporate stocks and

stock in Federal ReMrVe Bank. 10,000.00

Loans and discounts, includin& over-

drafts....... 5,224,092.58

Bank premises, furniture and fixtures,

and other assets representin& bank

premises....... 76,680.52

Real estate owned other than bank

premises . . . . . . .

None

Customers' 6ability to this bank on

acceptances outstandina. . ..

None

Other assets. .......

3,088.10

Total Assets.....$ 8,055,447.23

LIABILITIES

Demand deposits$ 2,697,089.10

Time and savinp deposits. . . . 3,397,075.85

Deposits of U.S. Government....... 35,856.01

Dep!sits of States and political sub-

divisions....... 648,580.74

Deposits of banks.... 10,000.00

Certified and officen' checks, etc.. 43,647.25

Other liabilities for borrowed money. 600,000.00

Acceptances executed by or for ac-

count of this bank and outstandin& . . . . . .

None

Other liabilities. . ... 85,855.42

Capital notes and debentures...

None

Preferred stock...

None

Common stock...... S u r p l u s . . . . . . Undivided profits..... Reserves...........

150,000.00 250,000.00 137,342.86
None

Total Liabilities....$ 8,055,447.23

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF ASHBURN Ashburn (Turner), Ga.

As called for by the Superintendent of Banks

FRED RAINES, President.
Date of Charter: 7-27-1905

MARVIN RAINES, Cashier.
Began Business: 10-25-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 700,098.92

United States Government oblip-

tions, direct and auaranteed 1,308,723.13

Oblip!i~J!S of States and political

subdiVISIOnS. . ........ 435,315.12

Securities of Federal apncies and

t~r.~~t~~~~ .~~~ ..~~t~~~..~~

None

Other securities, corporate stocks and

stock in Federal ReMrVe Bank...

None

Loans and discounts, includin& over-

drafts........... 5,052,216.94

Bsnk premises, furniture and fixtures,

and other assets representin& bank

premises...... .. 45,730.49

Real estate owned other than bank

premises.........

None

Customers' liability to this bank on

acceptances outstandina. . .....

None

Other usets..........

None

LIABILITIES

Demand deposits...$ 2,890,809.64

Time and savinp deposits. 3,890,375.23

Deposits of U.S. Government

11,766.22

DeP'!&!ts of States and political sub-

davisions....... 265,013.76

Deposits of banks....

None

Certified and officers' checks, etc..

16,570.61

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina......

None

Other 6abilities.......

None

Capital notes and debentures.....

None

Preferred stock........

None

Common stock.... 150,000.00

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

175,000.00 142,549.14
None

Total Assets......$ 7,542,084.60

Total Liabllities.......$ 7,542,084.60

FORTY-EIGHTH ANNUAL REPORT

ll

STATEMENT

Showing condition at the close of business December 31, 1967, of

FIRST AMERICAN BANK AND TRUST COMPANY Athens (Clarke), Ga.

As called for by the Superintendent of Banks

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

CLAY JOHNSON, Cashier.
Began Business: 11-1-1949

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 1,166,377.78

United States Government obliga-

tions, direct and guaranteed 843,855.07

Obligations of States and political

subdivisions. . . . . I ,757,252.37

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.e.ed. . .b.y. 1,813,643.96

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts. . . . . . . . . 5,159,390.98

Bank premises, furniture and f'txtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 94,449.56

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . 65,692.90

Total Assets$10,900,662.62

LIABILITIES

Demand deposits....$ .2,940,218.32

Time and savings deposits. . . . . . 3,369,837.64

Deposits of U.S. Government....... 39,148.56

Dep<!Sits of States and political sub-

divisions.................. 3,276,459.10

Deposits of banks............... . 233,037.40

Certif'ted and off'tcers' checks, etc.. . 33,829.50

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities... 310,642.28

Capital notes and debentures.....

None

Preferred stock..........

None

Common stock........... 125,000.00

Surplus............... Undivided prof'tts....... Reserves. . .... : ...........

410,000.00 162,489.82
None

Total Liabilities..........$10,900,662.62

STATEMENT

Showing condition at the close of business December 31, 1967, of

AMERICAN BANK OF ATLANTA Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

GARNETT A. CARTER, President.
Date of Charter: 12-5-1934

J.D. HARDY, Cashier. Began Business: 1-1-1935

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 3,395,049.95

United States Government obliga-

tions, direct and guaranteed . 4,005,482.20

Obliga!~~s of States and political

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

None

Securities of Federal agencies and

.. .. t~r.~t~~~ ~~~ ~~~t~~~..~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts......... 6,274,859.20

Bank premises, fumitur4' and f'txtures,

and other assets representing bank

premises.................... . 284,272.61

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets................... . 85,066.75

Total Asseta$14,244,730.71

LIABILITIES

Demand deposits........$ 5,478,690.31

Time and savings deposits. . . . . . . 2,247,243.80

Deposits of U.S. Government....... 373,416.68

Dep<!~!ts of States and political sub-

divisions.................... . 3,223,317.39

Deposits of banks.. 19,513.03

Certif'ted and off'tcers' checks, etc. 70,950.50

Other liabilities for borrowed money.

None

Acceptances executed by or for. ac-

count of this bank and outstand-

ing.......

None

Other liabilities.... 195,819.63

Capital notes and debentures.....

None

Preferred stock..............

None

Common stock............. 500,000.00

Surplus....................... . 2,000,000.00

Undivided prof'tts........... 135,779.37

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

None

Total Liabilities.......$14,244,730.71

12

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

ATLANTA BANK AND TRUST COMPANY Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

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

J. W. WELLONS, Cashier.
Began Business: 7-1-1929

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,630,186.97

United States Government oblip

tions, direct and J1181'8nteed ..... 4,218,001.10

Obligations of States and political

subdivisions............. 1,818,950.27

Securities of Federal agencies and

. t~r.~t~~~~ ~~~. -~~~t~~~. -~~ 425,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, includins over

drafts.................... 8,667,886.76

Bank premises, furniture and fixtures,

and other assets representins bank

premises............... 263,553.73

Real estate owned other than bank

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

None

Customers' Uability to this bank on

acceptances outatandins.......

31,748.52

Other assets...........

19,731.43

Total Assets...........$17,075,058.78

LIABILITIES

Demand deposits.......$ 5,954,876.91

Time and savinp deposits. . . . . . 7,842,934.41

Deposits of U.S. Government....... 98,047.06

Dep<!sits of States and political sub-

divisions.. 1,240,000.00

Deposits of banks.......... 44,389.59

Certified and officen' checks, etc. 228,338.44

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ins.............. 31,748.52

Other Uabilities................ . 295,856.56

Capital notes and debentures..

None

Preferred stock.....

None

Common stock......... 350,000.00

Surplus....................... . 350,000.00 Undivided profits...... 243,834.54

Reserves..................... .. 395,032.75

Total Liabilities...............$17,075,058.78

STATEMENT Showing condition at the close of business December 31, 1967, of

CITIZENS TRUST COMPANY Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

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

THOMAS 0. CORDY, Cashier.
Began Business: 8-17-1921

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 3,265,029.62

United States Government obliga-

tions, direct and guaranteed . . 1,707,114.19

Oblip!i~'!s of States and political

subdiVISIOnS.......... , , .. , . 3,974,342.12

Securities of Federal asencies and

cuo.srp. o.ra.t.io.n.s. . n. o. .t . .s.u.ar.a.n.t.e.ed. . .b.y. 531,376.85

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . 60,800.00

Loans and discounts, including over

drafts.......... . . . . . . . . . . 6,254,851.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 43,592.38

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . 922,918.74

Customen' liability to this bank on

acceptances outstandins. . . . . . .

None

Other assets. . . . . . . . . . . . 91,627.24

Total Assets..........$16,851,653.06

LIABILITIES

Demand deposits....$ 7,268,517.01

Time and savinp deposits. . . . . 5,944,762.31

Deposits of U.S. Government....... 594,140.15

Dep<!sits of States and political sub

dtvisions.............. 675,222.68

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

None

Certified and officen' checks, etc. . . 326,352.66

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other Uabilities...... 362,960.93

Capital notes and debentures......

None

Preferred stock................. .

None

Common stock......... 575,000.00

Surplus....................... . 785,000.00

Undivided profits....... 266,044.49

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

53,652.83

Total Liabllities......$16,851,65 3.06

FORTY-EIGHTH ANNUAL REPORT

13

STATEMENT

Showing condition at the close of business December 31, 1967, of

GEORGIA SAVINGS BANK AND TRUST COMPANY Atlanta (Fulton), 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, and

cash items in process of collection$ 1,221,220.85

United States Government obliga-

tions, direct and guaranteed . 3,310,966.80

Obligations of States and political

subdivisions................... 3,047,237.53

Securities of Federal aaencies and

t~r.~~t~~~~ ~~~. -~~t~?. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 847,418.68

Loans and discounts, including over-

drafts............ 10,425,575.87

Bank premises, furniture and f"uttures,

and other assets representina bank

premises........ 65,001.00

Real estate owned other than bank

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

1.00

Customers' Uability to this bank on

acceptances outstanding. .

None

Other assets. . .... - - - -No-ne

Total Aasets.....$18,917,421.73

LIABILITIES

Demand deposits....$ 141,682.93

Time and savings deposits. . . . . 13,240,901.25

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

5,897.75

Dep<?s!ts of States and political sub

dJVISIORS

531,646.89

Deposits of banks............... . 170,000.00

Certified and officers' checks, etc.. .

5,939.00

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other Uabilities.....

8,835.85

Capital notes and debentures.....

None

Preferred stock...............

None

Common stock............... 500,000.00

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

Undivided profits...... 452,577.10

Reserves...... 2,859,940.96

Total Liabilities......$18,917,421.73

STATEMENT

Showing condition at the close of business December 31, 1967, of

mE PEOPLES BANK Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

T. B. McLEOD, President
Date of Charter: 8-13-1935

W. M. CARSON, Cashier.
Began Business: 8-31-1935

ASSETS

Cash, balances with other banks, and

caah items in process of collection.$ 1,249,573.16

United States Government obliga-

tions, direct and guaranteed .. 1,981,294.08

Obliga!i~~s of States and potitical

subdiVISions. . ...... 1,557,440.58

Securities of Federal agencies and

tT~t~~~s- ~~~. -~~t~~~. -~~ 775,673.01

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including overdrafts...... 9,394,481.16

Bank premises, furniture and fixtures,

and other assets representina bank premise&....... 183,071.91

Real estate owned other than bank premises.............

10,000.00

Customers' Uability to this bank on acceptances outstanding. . . ....
Other assets. .....

None 53,086.78

Total Aasets.$15,204,620.68

LIABILITIES

Demand deposits.....$ 5,353,135.77

Time and savings deposits.. 7,542,135.5 I

Deposits of U.S. Government. 119,335.84

Dep<!sits of States and political sub-

divisions................... 540,108.00

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

33,730.01

Certified and officers' checks, etc...

22,188.93

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....

None

Other Uabilities...... 188,923.09

Capital notes and debentures..

None

Preferred stock..........

None

Common stock........... 400,000.00

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

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

61,333.47

Reserves................. 743,730.06

Total Liabilities......$15,204,620.68

14

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

TRUST COMPANY OF GEORGIA Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

AUGUSTUS H. STERNE, President.
Date 9fCharter: 9-21-1891

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

ASSETS

Cash, balances with other banks, and

caah items in process of collection$ 111,293,408.52

United States Government oblip-

tions, direct and paranteed 45,637,384.42 '

Obliptions of States and political

subdivisions. . . . 34,142,906.48

Securities of Federal asencles and

b~r.~t~~~~ ~~~. -~~~t.e~~. -~~ 4,500,006.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 1,050.000.00

Loans and discounts, includins over-

drafts. . . . . 277,060,194.09

Bank premises, furniture and fixtures,

and other assets representlns bank

premises. . . . . . . 15,165,012.14

Real estate owned other than bank

premises. . . . . .

None

Customers' liability to this bank on

acceptances outstandiq. .

76,748.34

Other assets. . . . . . . . 6,008,704.44

Total Assets....$494,934,364.43

LIABILITIES

Demand deposits...$191,890,609.81

Time and savinp deposits.... 149,269,860.14

Deposits of U.S. Government. . 9,166,5 18.77

Dep<!sits of States and political sub

divisions........ 35,247,658.30

Deposits of banks.... 46,128,996.16

Certified and officers' checks, etc. 5,717,378.46

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

i n s . . . . . . .

76,748.34

Other liabilities. .. 8,353,730.13

Capital notes and debentures..

None

Preferred stock.....

None

Common stock.... 10,800,000.00

Surplus........... 24,200,000.00

Undivided profits.... 7,619,621.89

Reserves....... 4,963,242.43

Total Liabilities........$494,934,364.43

STATEMENT

Showing condition at the close of business December 31, 1967, of

TRUST COMPANY OF GEORGIA BANK OF DeKALB Atlanta (DeKalb), Ga.

As called for by the Superintendent of Banks

I. M. AIKEN, JR., President.
Date of Charter: 4-14-1965

J. W. KENNEDY, JR. Cashier.
Began Business: 4-1 5-1965

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,315,383.38

United States Government oblip-

tions, direct and suaranteed . 1,630,321.03

Obliptions of States and political

subdivisions. . . . . . . . . . . . 2,686,298.63

Securities of Federal asencies and

t~r.~~t~~~~. ~~~. -~~~~t~~~. -~~ 2,338,862.50

Otst~~k'j~~:~~;J~=: :.C:.'i.~. ~~~

None

Loans and discounts, includins over-

drafts. . . . . . . . . . . . . . . 8,698,869.88

Bank premises, furniture and f"txtures,

and other assets representins bank

premises. . . . . . . . . . 356,217.04

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstandins. . . . .

None

Other assets. . . . . . . . . . 90,976.57

Total Assets........$17,116,929.03

LIABILITIES

Demand deposits.......$ 7,381,336.47

Time and savinp deposits. . . . 6,987,383.10

Deposits of U.S. Government....... 115,351.64

De~ts of States and political sub

divisions.......... 625,000.00

Deposits of banks...... 154,018.37

Certified and officers' checks, etc.. 114,180.33

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ins........

None

Other liabilities...... 488,988.82

Capital notes and debentures..

None

Preferred stock........

None

Common stock........... 500,000.00

Surplus............. 500,000.00

Undivided profits........ 181,550.79

Reserves......... 69,119.51

Total Liabilities..$17,116,929.03

FORTY-EIGHTH ANNUAL REPORT

15

STATEMENT

Showing condition at the close of business December 31, 1967, of

TRUST COMPANY OF GEORGIA BANK OF SANDY SPRINGS Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

WILLIAM L. HENNING President.
Date of Charter: 11-30-1966

S. JACK HALL, Cashier.
Began Bl,lsiness: 4-27-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obliptions, direct and guaranteed
Obligations of States and political subdivisions. . . .
Securities of Federal agencies and
t~r.~t~~~~. ~~~. -~~~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discount&, including overdrafts. . . . .
Bank premises, furniture and f"JXtures, and other assets representing bank premises. . . .
Real estate owned other than bank premises. . . . .
c::'t':~e~g=!la~~O:~ ?~~~ -~~
Other assets. . .

103,509.09 448,256.37
None
100,000.00 None
486,019.61
185,560.36 None None
13,166.26

Total Assets..$ 1,336,511.69

LIABILITIES Demand deposits....$ Time and savings deposita Deposits of U.!i. Government. Dep!sits of States and political sub-
divisions . . . . . . . . . Deposits of banks.... Certified and officers' checks, etc. Other liabilities for bonowed money. Acceptances executed by or for ac-
count of this bank and outstanding........ Other liabilities....... Capital notes and debentures... Prefened stock......... Common stock......... Surplus . . . . . . . Undivided profits.. Reserves. . . . . . . . .

471,583.56 279,910.46
3,849.14
75,050.48 None
15,811.03 None
None 17,196.56
None None 200,000.00 200,000.00 73,110.46 None

Total Liabilities...$ 1,336,5 11.69

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS STATE BANK OF AUGUSTA Augusta (Richmond), Ga.

As called for by the Superintendent of Banks

W. J. ELLIS, President.
Date of Charter: 8-29-1904

AIMAR H. BENTON, Cashier.
Began Business: 3-30-1964

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 663,222.42

United States Government oblip-

tions, direct and guaranteed .... 603,502.31

ObHgations of States and poHtical

subdivisions. ......

None

Securities of Federal agencies and

t~r.~t~~~s ?~~. -~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. 125,000.00

Loans and discounts, including over-

drafts....... 2,116,787.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises...... 132,232.36

Real estate owned other than bank premises. . . . .

None

Customers' liability to this bank on

acceptances outstanding. ..

None

Other asseta. ......

11,230.71

Total Asseta. $ 3,651,975.72

LIABILITIES

Demand deposits...$ 1,316,232.83

Time and savings deposita. . . 1,246,040.40

Deposits of U.S. Government....... 51,178.66

~=:.:.'. ~t~~~-~~~ .P_O.l~t~c-~ .s~?: 541,351.92

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

None

Certified and officers' checks, etc. . .

2,700.87

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing . . . . .

None

Other liabilities...... 166,769.19

Capital notes and debentures..

None

Prefened stock..

None

Common stock.... 175,000.00

Surplus......... 107,000.00 Undivided profits... 45,701.85

Reserves. . . . . . .

None

Total Liabilities...$ 3,651,975.72

16

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE COMMERCIAL & SAVINGS BANK OF AUGUSTA Augusta (Richmond), Ga.

As called for by the Superintendent of Banks

BENNETT A. BROWN, President.
Date of Charter: 12-23-1933

LOYD L. SMITH, Cashier.
Began Business: 12-23-1933

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 571,973.49

United States Government oblip-

tlons, direct and guaranteed - 2,493,025.90

Obliptions of States and political

subdivisions. .... 2,230,413.45

Securities of Federal apncles and

~r.~t~~~s. ~~~. -~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

3.00

Loans and discounts, includinl over-

drafts......... - -. 13,188,686.29

Bank premises, furniture and fixtures,

and other assets representinl bank

premises. . . . .. 234,055.71

Real estate owned other than bank

premises.......

13,217.07

Customers Uability to this bank on

acceptances outstandina. .

None

Other assets. . ...

62,801.05

Total Aasets... - .$18,794,175.96

LIABILITIES

Demand deposits....$ 1,639,534.37 Time and savinp deposits.. 10,241,043.24 Deposits of U.S. Government....... 258,630.69
De~:.:.'. ~t~~~.~~~ -~lit~c-~ .s~~ 2,611,879.05

Deposits of banks. . . . . . . Certified and officers' checks, etc. . Other Uabilities for borrowed money.
Acceptances executed by or for account of this bank and outstand-
ina - .. Other Uabilities. ... Capital notes and debentures.. Preferred stock.. Common stock......
Surplus.. -- ... Undivided profits.. Reserves . . . . . . . .

441,000.00 5,342.71 None
None 1,969,737.43
None None 500,000.00 300,000.00 375,431.59 451,576.88

Total Liabilities....$ 18,794,175.96

STATEMENT Showing condition at the close of business December 31, 1967, of

GEORGIA RAILROAD BANK & TRUST COMPANY Augusta (Richmond), Ga.

As called for by the Superintendent of Banks

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

W. T.ROX, Cashier. Began Business: 12-31-1892

ASSETS

Cash, balances with other banks, and

cash Items in process of collection.$ 22,891,952.63

United States Government oblip-

tions, direct and auaranteed . 16,564,133.24

Obliptions of States and political

subdivisions........ 20,882,240.50

Securities of Federal aaencles and

t~r.~t~~~~ .~~~. -~~~~t~. -~~

9,426.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

300,000.0()

Loans and discounts, includinl over-

drafts.... _ 75,865,762.53

Bank premises, furniture and fixtures,

and other assets representinl bank

premises..... 8,191,722.61

Real estate owned other than bank

premiaes... - ..

32,892.07

Customers Uability to this bank on

acceptances outstandina. .

5,000.00

Other assets. . - .. 1,150,316.68

Total Aasets. - .$145,893,446..~6

LIABILITIES

Demand deposits....$ 40,995,337.38

Time and savlnp deposits. -...... 53,508,029.9C

Deposits of U.S. Government....... 1,353,589.90

De~ts of States and political sub-

divisions..... 18,975,179.49

Deposits of banks. _. 8,7 34,948.66

Certified and officers' checks, etc.

530,659.65

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl- - ..

5,000.00

Other Uabilities.. 8,574,303.38

Capital notes and debentures.... 4,000,000.00

Preferred stock...

None

Common stock........ 4,000,000.00

Surplus.......... 4,000,000.00

Undivided profits....... 1,216,397.90

Reserves. .. - - ...

None

Total Liabilities.....$145,893,446.26

FORTY-EIGHTH ANNUAL REPORT

17

STATEMENT

Showing condition at the close of business December 31, 1967, of

METROPOLITAN STATE BANK Augusta (Richmond), Ga.

As called for by the Superintendent of Banks

FELTON DUNAWAY, President.
Date of Charter: 1-14-1963

JOHN C. JORDAN, Cashier.
Began Business: 2-11-1963

ASSETS

Cash, balances with other bankl, and

cash items In proceu of colledion$ 685,330.00

United States Government oblip-

tions, direct and auaranteed 831,373.89

Obliptions of States and poUtic:al

subdivisions. .

None

Securities of Federal apncies and

tT.~t~~~ ~~~. -~~t~~~

None

Other securities, corporate stockl and

stock In Federal Reserve Bank.

None

Loans and dllcounta, lnciudinJ ov.-

drafts. . 2,174,172.87

Bank premiaes, furniture and fixtures,

and other asaets repreaentins bank

premiaes. . . 79,047.81

Real estate owned other than bank

premiaes. . . .

None

Customers' UabiUty to thil bank on

acceptances outatandlns.

None

Other asaeta.

15,903.64

Total Aueta$ 3,785,828.21

LIABILITIES

Demand deposits$ 1,213,677.94

Time and savlnp deposits. 1,572,466.73

Deposits of U.S. Government....... 12,165.74

Oe)H!S!ts of States and political sub-

divisions. . . . . . . . . 555,752.48

Deposits of banks. . .

Nolle

Certified and officers' checkl, etc. .

55.12

Other UabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

lns...

None

Other UabiUties. . .... 117,522.46

Capital notes and debentures....

None

Preferred stock.

None

Common stock... 200,000.00

Surplus...... 50,000.00

Undivided profits.... 64,187.74

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

None

Total LiabiUties.........$ 3,785,828.21

STATEMENT

Showing condition at the close of business December 31, 1967, of

mCHMONDCOUNTYBANK Augusta (Richmond), 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 bankl, and

cash items In proc- of collection$ 809,719.05

United States Government obUp-

tlons, direct and auaranteed 1,145,935.87

Obliptions of States and poUtical

subdivisions. . 369,398.01

Securities of Federal asencies and

~r.~~t~~~~ .~~~. -~~~t~~~..~~

None

Other securities, c:porate stockl and stock In Federal Reserve Bank

None

Loans and dllcounta, lncludlns ov.drafts...... 2,782,247.58

Bank premiaes, furniture and f"axturea,

and other asaets repreaentins bank

premiaes..

82,949.95

Real estate owned other than bank premiaes....

None

Customers' UabiUty to thil bank on

acceptances outstandins. .

None

Other asaets

27,354.62

Total~.$ 5,217,605.08

LIABILITIES
Demand deposits!< Time and savinp deposita Deposits of U.S. Government. Oe~ts of States and politic:al sub-
divisions... Deposits of banks. Certified and officers' checka, etc. Other UabiUties for borrowed money. Acceptances executed by or for ac-
count of this bank and outatandl n s . Other UabiUties. Capital notes and debentures.. Preferred stock.......... Common stock........ Surplus. . . . . . . . . . . . . . . . . . . . Undivided profits........... Reserves................

1,362,982.50 1,474,270.00
15,508.23
784,511.16 885,824.77
27,183.04 None
None 208,671.29
None None 220,000.00 110,000.00 53,654.09 75,000.00

Total LiabiUties.....$ 5,217,605.08

18

DEPARTMENT OF BANI,(ING

STATEMENT

Showing condition at the close of business December 31, 1967, of

AUSTELL BANK Austell (Cobb), Ga.

As called for by the Superintendent of Banks

ROBT. H. DUNLAP, President.
Date of Charter: 1-3-191 0

ROBERT E. LONG, JR., Cashier.
Began Business: 1-10-1910

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,206,1 50.32

United States Government obliga-

tions, direct and suaranteed . 2,767,374.19

Obliptions of States and political

subdivisions. ... 1,835,065.55

Securities of Federal agencies and

~r.~t~~~ . ~~~. -~~~t-e~~. -~~ 50,009.74

Other securities, corporate stocks and

stock in Federal Reserve Bank

.None

Loans and discounts, including over-

drafts.... , .... 5,889,934.42

Bank premises, furniture and fixtures,

and other assets representing bank

premises........... 287,909.69

Real estate owned other than bank

premises. . . . . . . .

42,577.75

Customers' liability to thia bank on

acceptances outstanding. ..

None

Other assets. ....... 166,541.85

Total Assets...$12,245,563.51

LIABILITIES

Demand deposits..$ 5,169,712.76

Time and savings deposits. . 5,011,913.66

Deposits of U.S. Government....... 73,658.63

Dep<!sits of States and political sub-

divisions... 698,203.78

Deposits of banks... 10,000.00

Certified and officers' checks, etc. 48,415.89

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.........

None

Other liabilities. ..... 354,535.92

Capital notes and debentures...

None

Preferred stock..

None

Common stock.... 250,000.00

Surplus...... 350,000.00

Undivided profits..... 219,122.87

Reserves....... 60,000.00

Total Liabilities...............$12,245,563.51

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN DeKALB BANK Avondale Estates (DeKalb), Ga.

As called for by the Superintendent of Banks

W. D. SKINNER, President.
Date of Charter: 11-16-1948

BERT FLOYD, Cashier.
Began Business: 8-18-1949

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$. 1,667,965.42

United States Government obliga-

tions, direct and guaranteed . 3,506,719.92

Obligations of States and political

subdivisions................... 1,932,738.93

Securities of Federal agencies and

t'7o~~t~~~~ . ~~~. -~~~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..

6,210.00

Loans and discounts, Including over-

drafts....................... . 7,396,912.58

Bank premises, furniture and fixtures,

and other assets representing bank

premises...... 187,604.33

Real estate owned other than bank

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

None

Customers' liability to thia bank on

acceptances outstanding. . . ..

None

Other assets......... 99,552.30

Total Assets....$14,797,703.48

LIABILITIES

Demand deposits.....$ 5,907,927.06

Time and savings deposits. .. 6,586,201.94

Deposits of U.S. Government. 132,095.78

DefK!S!ts of States and political sub divisions................... .. 329,124.70

Deposits of banks......

None

Certified and officers' checks, etc..

75,237.13

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities..... 818,772.06

Capital notes and debentures. Preferred stock................. .

None None

Common stock........ Surplus....................... .

300,000.00 200,000.00

Undivided profits.............. .. 122,861.05 Reserves...................... . 325,483.76

Total Liabilities...............$14,797,703.48

FORTY-EIGHTH ANNUAL REPORT

19

STA1EMENT

Showing condition at the close of business December 3 i, 1967, of

THE CITIZENS BANK AND TRUST COMPANY Bainbridge (Decatur), Ga.

As called for by the Superintendent of Banks

R. M. REYNOLDS, President.
Date of Charter: 11-8-1911

LEON D. CULVERSON, Cashier.
Began Business: 12-19-1911

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,511,845.11

United States Government obllp-

tions, direct and guaranteed 1,441,912.58

ObUgations of States and poUtical

subdivisions................... 864,111.47

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~t~~. -~~ 749,900.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 12,000.00

Loans and discounts, including over-

drafts. . . 4,544,190.32

Bank premises, furniture and f"axtures,

and other assets representing bank

premises... . . . . . 71,142.13

Real estate owned other than bank

premises. . . . . .

None

Customers' Habllity to this bank on

acceptances outstanding. .

None

Other assets. . . . . . . 34,128.86

Total Assets...$ 9,229,230.47

LIABILITIES

Demand deposits$ 3,602,036.91

Time and savings deposits. . 2,907,362.16

Deposits of U.S. Government. 53,048.94

De~:.:.'. ~t~~~-~~~ -~l~t~~a~ -s~~ 1,546,969.27

Deposits of banks. . 205,468.42

Certif"aed and off"acers' checks, etc. .

8,328.50

Other Habllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.........

None

Other Habilities....... 394,445.39

Capital notes and debentures...... .

None

Preferred stock........ Common stock...... Surplus.

None 200,000.00 225,000.00

Undivided pronts...... 86,570.88

Reserves.....

None

Total Liabilities...$ 9,229,230.47

STA1EMENT
Showing condition at the close of business December 31, 1967, of CITIZENS BANK
Ball Ground (Cherokee), Ga.

As called for by the Superintendent of Banks

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

FRANK N. EUBANKS, Cashier.
Began Business: 10-1-1926

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 280,948.85

United States Government obllp-

tlons, direct and guaranteed 747,766.50

Obllptions of States and poUtical subdivisions. .. 232,033.77

Securities of Federal agencies and

t~r.t~~~~ ~~~. -~~t~~~. -~~ 254,957.80

Other securities, ccwponte stocks and

stock in Federal Reserve Bank.

None

Loans and discounis, including overdrafts.. 875,706.44

Bank premiaes, furniture and f"atures,

and other -ts representing bank premiaes

19,493.66

Real estate owned other tban bank premiaes . . .

None

Customers' lillbllity to this bank on

acceptances outstanding.

None

- - - - Other assets.

None

Total Aasets.S 2,410,907.02

LIABILITIES

Demand deposits.$ 1,054,421.21 Time and savings deposits......... 777,495.05 Deposits of U.S. Government....... 16,573.24
De~:.:.'. ~t~~~. ~~~ -~~~~ .s~~ 225,580.90

Deposits of banks. Certif"aed and off"acers' checks, etc. Other Habilitles for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding. Other Habilities. Capital notes and debentures Preferred stock.. Common stock... S u r p l u s . . . . . . . Undivided pronts... Reserves

None 1,730.00
None
None 10,691.00
None None 45,000.00 105,000.00 129,415.62 45,000.00

Total Liabilities$ 2,410,907.02

20

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BAXLEY STATE BANK Baxley (Appling), Ga.

As called for by the Superintendent of Banks

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

HENRY M. HERNDON, Cashier.
Began Business: 8-25-1917

ASSETS

Cash, balances with other banks, and

cash items in proceas of coUection.$ 1,102,974.82

United States Government obliga-

tions, direct and guaranteed . 1,490,174.09

Obliga~i~~s of States and political

SUbdiVJSIORS.... , ..... , , , ... , , , 517,055.05

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~ -~~

0

0

0

183,071.17

Other securitiea, corporate atocks and

lltock in Fedenl R - Bank...

None

LoeDI ud dilcounts, including over-

dnlts. 3,110,361.03 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Bank pnmiaea, furniture and fixtures,

and other aasets representing bank

premiaea. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

299,032.79

Real eatate owned other than bank

premises.........

None

Cuatomen' liability to this bank on

acceptances outstanding....

None

Other aasets. ............

5,374.45

Total Aasets....$ 6,708,043.40

LIABILITIES

Demand deposits...$ 3,602,167.31 Time and savings deposits. . . . . . 1,664,290.74 Deposits of U.S. Government....... 38,467.62
De~~s.:.f. ~t~~e~. ~~~ .~.11.t~c-a~ .s~~: 722,846.29

Deposits of banks. . . . . . . . Certified and officen' checks, etc. . .Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other liabilities. . ....... Capital notes and debentures...... Preferred stock........ Common stock....... S u r p l u s . . . . . . Undivided profits...... Reserves..................... .

30,053.85 21,849.26
None
None 66,317.96
None None 150,000.00 200,000.00 75,000.00 137,050.37

Total Liabilities........$ 6,708,043.40

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES STATE BANK Baxley (Appling), Ga.

As called for by the Superintendent of Banks

VALENE BENNETT, President.
Date of Charter: 5-14-1966

H. C. McLEOD, Cashier.
B_egan Business: 7-1-1966

ASSETS

Cash, balances with other banks, and

cash items in proceas of coUection..$ 466,352.19

United States Government obliga-

tions, direct and guaranteed . 754,693.16

Obligations of States and political

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

None

Securities of Federal agencies and

t?~t~~~~ ~~~ -~~~t~~~ -~~

0

0

0

225,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts....................... . 1,198,243.83

Bank premises, furniture and fixtures,

and other aasets representing bank

premises................... .. 47,204.49

Real estate owned other than bank

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

None

Cuatomen' liability to this bank on

acceptances outstanding. ....

None

Other assets.................. ..

None

Total Assets......$ 2,691,493.67

LIABILITIES
Demand deposits................$ Time and savings deposits. . .. Deposits of U.S. Government.. De~ts of States and political sub-
divisions................... .. Deposits of banks... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding......................... . Other liabilities... Capital notes and debentures..... Preferred stock...... Common stock....... Surplus....................... . Undivided profits.... Reserves..................... ..

645,135.03 984,685.76 208,261.75 506,327.17
45,028.01 46,594.86
None
None None None None 100,000.00 75,000.00 7'7,861.09 2,600.00

Total Liabilities.......$ 2,691,493.67

FORTY-EIGHTH ANNUAL REPORT

21

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BLACKSHEAR BANK Blackshear (Pierce), Ga.

As called for by the Superintendent of Banks

C. NEVIN BRISCOE, President.
Date of Charter: 7-7-1892

H.M.MOODY, Cashier.
~egan Business: 7-7-1892

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$. 539,670.49

United States Government obligations, direct and guaranteed 1,356,500.12

Obligations of States and political

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

None

Securities of Federal agencies and

t~r~~t~~~~ . ~~~. -~~~~t~~~. -~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank...

62,227.50

Loans and discounts, including over-

drafts.......... . . . . . . 1,917,944.08

Bank premises, furniture and f'lxtures,

and other assets representina bank premises................... ..

38,885.14

Real estate owned other than bank premises................... ..

17,500.00

Customers liability to this bank on

acceptances outstanding....

None

- - - - - Other assets................... .

None

Total Assets..........$ 3,932,727.33

LIABILITIES

Demand deposits.........$ 1,481,905.03

Time and savings deposits. . . 1,669,421.81

Deposits of U.S. Government....... 10,376.10

Dep<!sits of States and political sub

divisions.......... 188,360.62

Deposits of banks..... 67,504.42

Certif'led and off'acers' checks, etc..

10,842.36

Other liabilities for borrowed money. 100,000.00

Acceptances executed by or for ac-

count of this bank and outstand

inJ................

None

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

None

Capital notes and debentures......

None

Preferred stock......

None

Common stock....... Surplus....................... . Undivided prof'ats..........

100,000.00 150,000.00 149,406.22

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

4,910.77

Total Liabilities...........$ 3,932,727.33

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES BANK Blackshear (Pierce), Ga.

As called for by the Superintendent of Banks

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

J. D. RIGGINS, Cashier.
Began Business: 8-5-1946

ASSETS

Cash, balances with other banks, and cash items in process of coUection$ 910,288.70

United States Government obliga-

tions, direct and guaranteed 1,082,891.49

Obliga!ic;>~s of States and political subdiVISIOns. , ... , , , , , , , .... , , 612,656.49

Securities of Federal agencies and

t~r~~t~~~~ . ~~~ -~~~~t~~~. -~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank..

None

Loans and discounts, includina overdrafts....................... . 2,540,460.19

Bank premises, furniture and f'txtures,

and other assets representing bank premises................... .. 225,000.00

Real estate owned other than bank premises................... ..

None

Customers liability to this bank on

acceptances outstandina. . . .

None

- - - - - Other assets.................. ..

None

Total Assets.........$ 5,371,296.87

LIABILITIES

Demand deposits........$ 1,957,261.65

Time and savings deposits. . . . . . . 2,242,170.42

Deposits of U.S. Government....... 27,488.75

Dep<!sits of States and political sub-

dtvisions................... .. 490,817.27

Deposits of banks............... . 98,426.31

Certif'led and off'lcers' checks, etc..

7,575.07

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inJ......................... .

None

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

None

Capital notes and debentures..

None

Preferred stock................. .

None

Common stock................. . 200,000.00

Surplus....................... . 250,000.00

Undivided prof'tts. 97,557.40

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

None

Total Liabilities...............$ 5,371,296.87

22

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

UNION COUNTY BANK Blairsville (Union), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 322,673.37

United States Government obllp-

tions, direct and suaranteed 1,121,725.25

Obllptions of States and political

subdivisions. . . . . 312,950.71

Securities of Federal agencies and

t~r.~t~~~~. ~~~. -~t~~~- -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. 150,000.00

Loans and discounts, including over-

drafts. . . . . . . . . . 2,046,430.72

Bank premises, furniture and fixtures,

and other assets representing bank

premises...... 43,165.04

Real estste owned other than bank

premises. . . . .

None

Customers' liability to this bank on

acceptances outstanding......

None

Other assets. .......

3,128.66

LIABILITIES

Demand deposits...$ 1,573,235.97

Time and savings deposits. . . 1,756,628.66

Deposits of U.S. Government..

27,407.21

De~:.:.f. ~t~~~.~~~ .~!i~~c-a~ _s~~: 272,926.40

Deposits of banks......

None

Certified and officers' checks, etc.

8,521.51

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing........

None

Other liabilities. .....

24,000.00

Capital notes and debentures...

None

Preferred stock......

None

Common stock...... 100,000.00

Surplus...... 100,000.00

Undivided profits..... 137,354.00

Reserves

None

Total Assets....$ 4,000,073.75

Total Liabilities.........$ 4,000,073.75

STATEMENT

Showing condition at the close of business December 31; 1967, of

BANK OF EARLY Blakely (Early), Ga.

A'i called for by the Superintendent of Banks

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

VIRGIL JONES, Cashier.
Began Business: 4-28-1941

ASSETS

Cash, balances with other banks, and cash items in process of coUection.$ 654,016.58

United States Government oblisa tions, direct and suaranteed ... 1,235,378.04
Obliga!i~f!S of States and political subdlVISJOnS. . ...... 421,264.48

Securities of Federal agencies and
~r.~t~~~~ .~~~ .-~~~t~~~..~~

40,908.34

Other securities, corporate stocks and stock in Federal Reserve Bank.. 115,000.00

Loans and discounts, including overdrafts........... 1,947,871.71

Bank premises, furniture and fixtures,

and other assets representing bank premises...........

27,216.35

Real estate owned other than bank premises . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . ....
Other assets........

1.00 None 2,958.92

Total Assets.....$ 4,444,615.42

LIABILITIES

Demand deposits.......$ 1,996,519.55

Time and savings deposits. . . . 1,633,370.82

Deposits of U.S. Government. . 28,838.56

~f::.:.f. ~t~~~. ~~~ -~-~t~c-~ _s~~: 384,986.32

Deposits of banks. . . . . .

None

Certified and officers' checks, etc. . 33,891.75

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding . . . . . . . . . . Other liabilities......... Capital notes and debentures.. Preferred stock......... Common stock......... S u r p l u s. . . . . . . . . . . . Undivided profits.... Reserves............

None 31,629.94
None None 150,000.00 150,000.00 35,378.48 None

Total Liabilities.....$ 4,444,615.42

FORTY-EIGHTH ANNUAL REPORT

23

STATEMENT

Showing condition at the close of business December 31, 1967, of

FIRST STATE BANK OF BLAKELY Blakely (Early), Ga.

As called for by the Superintendent of Banks

JOHN C. HOLMAN, President.
Date of Charter: 5-6-1937

WILLARD N. DuBOSE, Cashier.
Began Business: 5-15-1937

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 823,631.61

United States Government oblip

tions, direc(and guaranteed 633,578.86

Obligations of States and political

subdivisions..... 789,071.25

Securities of Federal agencies and

t~r.~~t~~~~. ~~~. -~~~~t~~~. -~~

1.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. 75,000.00

Loans and discounts, including over-

drafts.... 4,086,449.18

Bank premises, furniture and f"txtures,

and other assets representing bank

premises.... 16,404.58

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets... _ _ _6_0_.3_0

Total Assets..$ 6,424,196.78

LIABILITIES

Demand deposits...$ 2,884,246.85

Time and savings deposits. . . . . . . . 2,131,060.13

Deposits of U.S. Government....... 47,368.44

Dep<!sits of States and political sub-

divisions.... 567,775.80

Deposits of banks.......

5,843.28

Certified and officers' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-

20,860.70 None

count of this bank ar.d outstand

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

None

Other liabilities. . . 98,126.38

Capital notes and debentures..

None

Preferred stock...........

None

Common stock......... 200,000.00

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

Undivided profits... 177,966.35

Reserves.... 90,948.85

Total Liabilities.......$ 6,424,196.78

STATEMENT Showing condition at the close of business December 31, 1967, of

FANNIN COUNTY BANK Blue Ridge (Fannin), Ga.

As called for by the Superintendent of Banks

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

ANNABELLE SOWERS, Cashier.
Began Business: 6-6-1916

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,289,522.63

United States Government oblip-

tions, direct and guaranteed .. 2,165,269.04

Obliptions of States and political

subdivisions. ..... 478,669.80

Securities of Federal agencies and

tT~t~~~ .~~~. -~~~t~~. -~~ 374,802.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts.......... 2,823,360.53

Bank premises, furniture and fixtures,

and other assets representing bank

premises.. 21,000.00

Real estate owned other than bank

p r e m i s e s .

5,750.00

Customers' liability to this bank on

acceptances outstanding.

None

Other assets. ..

None

LIABILITIES

Demand deposits..$ 2,460,788.56

Time and savings deposits. 3,488,491.36

Deposits of U.S. Government....... 14,706.56

Dep<!sits of States and political sub-

divisions...... 547,460.22

Deposits of banks.....

None

Certified and officers' checks, etc 24,883.28

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g . . . . . . . . . .

None

Other liabilities.. , . 92,395.89

Capital notes and debentures....

None

Preferred stock......

None

Common stock.. 200,000.00

Surplus.. 200,000.00

Undivided profits.. 119,648.63

Reserves...... 10,000.00

Total Asseta. ..$ 7,158,374.50

Total Liabilities...$ 7,158,374.50

24

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES BANKING COMPANY Boston (Thomas), Ga.

As caUed for by the Superintendent of Banks

JERRY F. HANCOCK, President.
DateofCharter: 1-29-1947

FAYE L. PEEPLES, Cashier.
BeganBusiness: 4-1-1947

ASSETS
Cash, balances with other banks, and cash items in process of coUection.$
United States Government obligations, direct and guaranteed . .
Obliptions of States and political subdivisions. . . . . . . . . . . .
Securities of Federal agencies and
t~r.~~t~~~~ ~~~ ~~~t~~~..~~
Other securities, corporate stocks and stock in Federal Reserve Bank. . .
Loans and discounts, including overdrafts.......... . . . . . .
Bank premises, furniture and fixtures, and other assets representing bank premises. . . .. .. . .
Real estate owned other than bank premises. . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . . . .
Other assets. . . . . . . . . . . .

127,965.80 273,924.00
None
178,405.00 None
370,089.74
19,414.42 None None
5,330.09

Total Assets........$ 975,129.05

LIABILITIES
Demand deposits.$ Time and savings deposita. . Deposits of U.S. Government... Deposits of States and political sub-
divisions................... .. Deposits of banks........... Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding......................... . Other liabilities. Capital notes and debentures Preferred stock Common stock Surplus....................... . Undivided profits.. Reserves...................... .

534,032.43 298,591.24
13,905.97
34,340.44 None
2,700.79 None
None None None None 25,000.00 50,000.00 16,558.18 None

Total Liabilities...............$ 975,129.05

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE COMMERCIAL BANK Bowdon (CarroU), Ga.

As caUed for by the Superintendent of Banks

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

W. A. BOWMAN, JR., Cashier.
Began Business: 9-22-1926

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 608,922.06

United States Government obliga-

tions, direct and guaranteed . 2,166,982.52

Oblip~ic;>J!S of States and political

SUbdlVISlOnS, .. , , , , , , .. ., , , , , , , 625,007.72

Securities of Federal agencies and

t?.~t~~~~ ~~~ .~~t~~~ ~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts....................... . 3,861,293.75

Bank premises, furniture and fixtures,

and other assets representing bank

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

30,000.00

Real estate owned other than bank

premises.................... . 26,357.73

Customers' liability to thia bank on

acceptances outstanding. . . ...

None

Other assets................... .

2,376.66

Total Assets...$ 7,320,940.44

LIABILITIES

Demand deposits.......$ 3,577,696.24

Time and savings deposits. . . . . . . 2,472,451.13

Deposits of U.S. Government....... 58,388.17

De~ts of States and political sub-

divisions.................... . Deposits of banks Certified and officers' checks, etc.

416,030.72 None None

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding......................... . Other liabilities..... Capital notes and debentures...... Preferred stock.. Common stock................. . Surplus....................... . Undivided profits.... Reserves...................... .

None 284,251.09
None None 150,000.00 150,000.00 137,123.09 75,000.00

Total Liabilities.....$ 7,320,940.44

FORTY-EIGHTH ANNUAL REPORT

25

STATEMENT

Showing condition at the close of business December 31, 1967, of

BOWMANSTATEBANK Bowman (Elbert), Ga.

As called for by the Superintendent of Banks

PAUL BURDEN, President.
Date of Charter: 12-2-1966

PAUL BURDEN, Cashier.
Began Business: 1-3-1967

ASSETS
Cash, balances with other banks, and caah items in process of collection$
United States Government oblip tiona, direct and guaranteed ....
Obliptions of States and political subdivisions. ........
Securities of Federal qencies and
t?~t~~~~. ~~~. -~~~t~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, including over drafts........
Bank premises, furniture and fixtures, and other assets representing bank p r e m i s e s . . . . . . .
Real estate owned other than bank premises........
Customers' liability to this bank on acceptances outstanding. . ..
Other assets. .......

76,464.52 215,861.53
None
160,000.00 None
275,732.46
13,312.36 None None
1,288.37

Total Assets.......$ 742,659.24

LIABILITIES
Demand deposits......$ Time and savings deposits...... Deposits of U.S. Government.. Dep?sits of States and political sub-
divisions.......... Deposits of banks..... Certified and officers' checks, etc Other liabilities for borrowed money.
Acceptances executed by or for ac count of this bank and outstand ing.............
Other liabilities.......... Capital notes and debentures.... Preferred stock............. Common stock........... Surplus.............. Undivided profits......... Reserves . . . . . . . . . . .

205,152.71 351,009.16
1,391.36
83,915.43 None None None
None None None None 75,000.00 15,000.00 11,190.58 None

Total Liabilities.........$ 742,659.24

STATEMENT Showing condition at the close of business December 31, 1967, of

BRASELTON BANKING COMPANY Braselton (Jackson), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS
Cash, balances with other banks, and cash Items in process of collection$
United States Government oblip tiona, direct and guaranteed .
Obliga~i~~s of States and political subdiVISlons . . . . . . . . . .
Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ -~~~~t~~? .~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, including over drafts.......
Bank premises, furniture and fixtures, and other assets representing bank p r e m i s e s . . . . . .
Real estate owned other than bank premises..........
Customen' liability to this bank on acceptances outstanding. . . ..
Other assets.....

244,560.58 355,951.85
39,857.34
None None 453,986.65
2,861.90 None None
3,274.66

Total Assets.......$ 1,100,492.98

LIABILITIES
Demand deposits.....$ Time and savings deposits. ... Deposits of U.S. Government..... Dep?sits of States and political sub
dtvisions............ Deposits of banks........ Certified and officers' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand i n g . . . . . . . . . . . . Other liabilities........ Capital notes and debentures Preferred stock..... Common stock...... S u r p l u s. . . . . . . . . . . . . Undivided profits... Reserves............

601,542.53 None
1,360.03
306,780.27 None
10,397.00 None
None None None None 25,000.00 125,000.00 27,026.56 3,386.59

Total Liabilities.......$ 1,100,492.98

26

DEPARTMENT OF BANKJNG

STATEMENT

Showing condition at the close of business December 31, 1967, of

COMMERCIAL & EXCHANGE BANK Bremen (Haralson), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 2,005,670.70

United States Government oblip-

tiona, direct and suaranteed 1,844,072.82

Obliptions of States and poUtical

subdWialons. 720,068.26

Securities of Federal apncies and

t~r.~t~~~~. ~~~ ~t~~~~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, includin1 over-

drafts. . . . . 2,697,899.21

Bank premises, furniture and fixtures,

and other assets representinl bank

premises..................... 219,477.46

Real estate owned other than bank

premises. . . . .

None

Customers' Uability to this bank on

acceptances outstandin1.

None

Other assets. . 43,929.17

Total Assets..$ 7,731,117.62

LIABILITIES

Demand deposits.......$ 4,464,561.13

Time and savinp deposits......... 1,995,271.19

Deposits of U.S. Government. . 173,666.12

De~:.:.'. ~t~~~. ~~~ .p.~l~t~~~ .~~ 251,917.69

Deposits of banks. 95,868.30

Certified and officers' checks, etc. 45,930.77

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl..........

None

Other Uabilities...... 26,847.26

Capital notes and debentures....

None

Preferred stock

None

Common stock. 200,000.00

Surplus....................... . 300,000.00

Undivided profits..... 177,055.16

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

None

Total Liabilities...............$ 7,731,117.62

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS & MERCHANTS BANK Brooklet (Bulloch), Ga.

As called for by the Superintendent of Banks

H. M. ROBERTSON, JR. President.
Date of Charter: 2-4-1948

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

ASSETS
Cash, balances with other banks, and cash items in process of coUection.$
United States Government obliptions, direct and BUBranteed .
Oblip!i~J!S of States and political subdJVISJOnS, , , , , , , , , , , ., .. , .. ,
Securities of Federal a1encies and
t~r.~t~~~~ . ~~~ ~~~t~~ .~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, includinl overdrafts....................... .
Bank premises, furniture and fixtures, and other assets representin1 bank premises........
Real estate owned other than bank premises...........
Customers' Uability to this bank on acceptances outstandin1. . .
Other assets........

436,463.76 914,999.50
25,000.00
523,585.01 None
953,852.63
14,254.46 11,650.00
None 2,796.55

Total Assets......$ 2,882,601.91

LIABILITIES

Demand deposits............$ 1,258,328.80

Time and savinp deposits. . 1,255,346.32

Deposits of U.S. Government. .

3,842.90

Dep!sita of States and political sub-

divisions.................... . 59,321.97

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

None

Certified and officers' checks, etc. 15,297.80

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandinl......................... .

None

Other liabilities....... Capital notes and debentures. Preferred stock................. .

None None None

Common stock............. 50,000.00

Surplus....................... . 175,000.00

Undivided profits........ 50,356.50

Reserves...................... . 15,107.62

Total Liabilities.....$ 2,882,601.91

FORTY-EIGHTH ANNUAL REPORT

27

STATEMENT

Showing condition at the close of business December 31, 1967, of

BROXTON STATE BANK Broxton (Coffee), Ga.

As called for by the Superintendent of Banks

L. G. SUMMERLIN, President.
Date of Charter: 8-4-1966

MRS. MAYO CURRIN, Cashier.
B_egan Business: 9-1-1966

ASSETS
Cash, balances with other banks, and caah items in process of collection$
United States Government obligations, direct and paranteed
Obligations of States and poUticai subdivisions. . ..
Securities of Federal apncles and
t~T.~~t~~~~ .~~~. -~t~~~. -~~
Other securities, corporate atocks and atock in Federal Reserve Bank.
Loans and discounts, including overdrafts....
Bank premises, furniture and fixtures, and other assets representing bank premises.
Real estate owned other than bank premises...
Customers' UabiUty to this bank on acceptances outstanding. . ..
Other assets. . ..

146,458.74 256,612.42
None
None 10,000.00 499,065.77
5,645.94 None None
2,523.28

Total Assets..$ 920,306.15

LIABILITIES

Demand deposits$ . 343,744.16

Time and savings deposits. . . 274,071.02

Deposits of U.S. Government.

2,066.16

DefM!S!ts of States and poUticai sub-

clivisions. .. 179,512.59

Depoeits of banks..

None

Certified and officers' checks, etc..

5,227.10

Other UabJUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other UabiUties. ..

5,000.00

Capital notes and debentures....

None

Preferred stock...

None

Common stock..... 50,000.00

Surplus... 50,000.00

Undivided profits....

8,289.60

Reserves. . . .

2,395.52

Total LiabJUties..$ 920,306.15

STATEMENT Showing condition at the close of business December 31, 1967~ of

HARALSON COUNTY BANK Buchanan (Haralson), Ga.

As called:for by the Superintendent of Banks

HARDY McCALMAN, President.
Date of Charter: 3-3-1909

JAMES BROWN, Cashier.
Began Business: 3-4-1909

ASSETS

Cash, balances with other banks, and

caah Items in process of collection.$ 651,809.81

United States Government obliga-

tions, direct and guaranteed . 977,720.83

Obligations of States and poUticai

subdivisions. 293,653.80

Securities of Federal apncles and

~r.~t~~~ . ~~~. -~~t.e~~. -~~ 574,850.00

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and diacounts, including overdrafts.. 1,361,693.50

Bank premises, furniture and fixtures,

and other aasets representing bank premises

29,506.75

Real eatate owned other than bank p r e m i s e s. . . .

None

Customers' UabiUty to this bank on acceptances outstanding.
Other aasets. .

None 2,405.34

Total Assets..$ 3,891,640.03

LIABILITIES

Demand deposits$ 1,949,372.47

Time and savings deposits 1,113,790.86

Deposits of U.S. Government... 28,874.24

~:.:.f. ~t~~~.~~~ -~~~~ .s~~: 451,983.62

Deposits of banks..

15,000.00

Certified and officers' checks, etc. 13,502.72

Other UabJUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....

None

Other Uabilities..

None

Capital notes and debentures.

None

Preferred stock...

None

Common stock. 40,000.00

Surplus.... 100,000.00

Undivided prof"ds. 100,000.00

Reserves 79,116.12

Total LiabiUties...$ 3,891,640.03

28

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BUENA VISTA LOAN & SAVINGS BANK Buena Vista (Marion) Ga.

As called for by the Superintendent of Banks

CLARKE W. DUNCAN, President.
Date of Charter: 9-22-1887

ARTHUR D. LOWE, Cashier.
B~gan Business: 9-1-1889

ASSETS

Cash, balances with other banks, and

cash Items In process of collection.$ 460,984.24

United States Government obllaa-

tlons, direct and paranteed 736,415.63

ObUptions of States and poUtlcal

subdivisions... 349,014.99

Securities of Federal aaencles and

t~r.~~t~~~~ ~~~ -~~t~ -~~

0

0

0

299,950.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includina over-

drafts.. 2,347,772.56

Bank premises, furniture and f"lxtures,

and other assets representlna bank

premises.. 36,196.91

Real estate owned other than bank

premises. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

None

Customen' UabWty to this bank on

acceptances outstandina. . .

None

Other assets...

45.24

Total Asseta$ 4,230,379.57

LIABILITIES

Demand deposits$ 1,598,324.37

Time and savinp deposits. 1,320,556.23

Deposits of U.S. Government....... 21,241.18

De~ts of States and poUtlcal sub-

divisions... 688,518.88

Deposits of banks..... 60,000.00

Certif"led and off"lcen' checks, etc. 35,945.11

Other UabWties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina.......

None

Other UabWtles.. 140,011.58

Capital notes and debentures.

None

Preferred stock..

None

Common stock.. 50,000.00

Surplus...... 250,000.00

Undivided prof"lts........ 65,782.22

Reserves......

None

Total Liabilities..$ 4,230,379.57

STATEMENT

Showing condition at the close of business December 31, 1967, of

BUFORD COMMERCIAL BANK Buford (Gwinnett), 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, and

cash items in process of collection..$ 803,041.94

United States Government obllaa-

tions, direct and paranteed ... 2,040,014.30

Obllaa~i~~s of States and poUtical

subdivisions. . ........ 347,236.56

Securities of Federal qencies and

~r.~t~~~~ . ~~~. -~~~t.e~?. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includina over

drafts....... 3,789,730.95

Bank premises, furniture and f"lxtures,

and other assets representlna bank

premises...... 43,459.25

Real estate owned other than bank

premises. . . . . . .

1.00

Customen' UabWty to this bank on

acceptances outstandina. ..

None

Other assets.....

2,707.00

Total Assets......$ 7,026,191.00

LIABILITIES

Demand deposits..$ 2,999,753.92

Time and savinp deposits......... 2,764,828.87

Deposits of U.S. Government....... 38,105.01

De~ts of States and poUtical sub-

divisions.... 636,406.04

Deposits of banks

None

Ceitif"led and officers' checks, etc. 45,963.99

Other UabWties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ina

None

Other UabWties 60,524.18

Capital notes and debentures...

None

Preferred stock....

None

Common stock. 200,000.00

Surplus.. 200,000.00

Undivided prof"lts.. 80,608.99

Reserves......

None

Total Liabilities....$ 7,026,191.00

FORTY-EIGHTH ANNUAL REPORT

29

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS STATE BANK Butler (Taylor), Ga.

As called for by the Superintendent of Banks

JOHN J. NEELY, JR., President.
Date of Charter: 9-4-1926

FAYE M. PEED, Cashier.
~egan Business: 9-4-1926

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 928,271.14

United States Government oblip.

tions, direct and guaranteed .. 550,589.57

Obligations of States and political

subdivisions. . .... 563,413.71

Securities of Federal agencies and

~r.~t~~~s.. ~~~ ~~~t~~~ ..~~ 99,937.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts.... 2,112,270.97

Bank premises, furniture and f"JXtures,

and other assets representing bank

premises.... 16,764.77

Real estate owned other than bank

premises.......... 13,996.98

Customers liability to this bank on

acceptances outstanding. . .

None

Other assets. . ..

None

Total Assets...$ 4,285,244.64

LIABILITIES

Demand deposits......$ 1,575,431.24

Time and savings deposits. . . . . 1,663,655.42

Deposits of U.S. Government. . . . . 19,861.49

De~ts of States and political sub

divisions............ 522,797.85

Deposits of banks...... 10,165.86

Certified and officers' checks, etc..

9,607.46

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other liabilities......... 103,348.82

Capital notes and debentures.....

None

Preferred stock.........

None

Common stock........... 100,000.00

Surplus.......... 110,000.00

Undivided profits......... 170,376.50

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

None

Total Liabilities......$ 4,285,244.64

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF BYROMVILLE Byromville (Dooly), 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, and cash Items in process of collection.$
United States Government oblip tions, direct and guaranteed
Obliptions of States and political subdivisions. . .
Securities of Federal agencies and
t~r.~t~~~~. ~~~ ..~~~t~~?..~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including over drafts........................
Bank premises, furniture and fixtures, and other assets representing bank premises.....................
Real estate owned other than bank premises. . . .. .. .. .. .. .. .. ..
Customers' liability to this bank on
cJ~:P.'.:~::' .0.u.t~~~~. .: : : : : : :

374,509.33 158,690.50
19,584.08
500,633.94 None
379,502.12
17,919.29 None None
829.23

LIABILITIES
Demand deposits.......$ Time and savings deposits. . . Deposits of U.S. Government.... De~ts of Stales and political sub
divisions........ Deposits of banks..... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ing....... Other liabilities....... Capital notes and debentures. Preferred stock......... Common stock................. . Surplus....................... . Undivided profits........ Reserves..................... ..

822,636.53 471,254.73
5,757.55
35,788.71 None
6,281.68 None
None None None None 30,000.00 50,000.00 29,949.29 None

Total Assets..$ 1,451,668.49

Total Liabilities...........$ 1,451,668.49

30

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF BYRON Byron (Peach), Ga.

As called for by the Superintendent of Banks

H. W. PEAVY, SR., President.
Date of Charter: I0-30-1962

H. W. PEAVY, JR., Cashier.
Began Business: 2-4-1963

ASSETS Cash, balances with other banks, and
caah items in process of collectionS United States Government oblip
tions, direct and paranteed . Obliptions of States and political
subdivisions. .. Securities of Federal qencies and
t~r.~t~~~~ ~~~ ~~t~?~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, including overdrafts....
Bank premises, furniture and fixtures, and other assets representing bank premises.....
Real estate owned other than bank premises.......
Customers' UabUity to this bank on acceptances outstanding. . . .....
Other assets. .....

125,502.74 310,381.18
18,634.90
214,946.87 None
719,752.30
27,627.74 None None
5,268.50

Total Assets$ 1,422,114.23

LIABILITIES
Demand deposits$ Time and savings deposits Deposits of U.S. Government
De~:.:.'. ~t~~~. ~~ .~.~~~c.~ .s~~
Deposits of banks. Certified and officers' checks, etc Other Uabllities for borrowed money. Acceptances executed by or for ac
count of this bank and outstanding Other Uabilities. Capital notes and debentures. Preferred stock Common stock. Surplus. Undivided profits.... Reserves . . . .

513,243.36 564,098.94
3,870.91
116,718.94 None
23,878.74 None
None 52,983.27
None None 50,000.00 60,000.00 37,320.07 None

Total Liabilities.$ 1,422,114.23

STATEMENT

Showing condition at the close of business December 31, 1967, of

CAIRO BANKING COMPANY Cairo (Grady), Ga.

As called for by the Superintendent of Banks

T. R. HESTER, President.
Date of Charter: 11-23-1903

G. G. THOMAS, JR., Cashier.
Began Business: 1-1-1900

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 918,759.79

United States Government oblip-

tions, direct and guaranteed . 2,482,402.45

Obliga~i~J!S of States and political

subdiVISIOns....... 935,659.59

Securities of Federal agencies and

t~r.~~t~~~~. ~~~ .~~~~t~~?..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts............. S,l81,463.57

Bank premises, furniture and fixtures,

and other assets representing bank

premises...... 204,490.40

Real estate owned other than bank

premises..........

None

Customen' Uability to this bank on

acceptances outstanding...

None

Other assets. . .........

3,358.88

Total Assets......$ ,,726,134.67

LIABILITIES

Demand depostts.$ 4,272,234.73

Time and savings deposits. . 3,879,375.03

Deposits of U.S. Government. . . 68,882.84

~=:.:.f. ~t~~~.~~~ .~.~~~ .~~: 678,471.54

Deposits of banks. . .

None

Certified and officen' checks, etc. 20,205.59

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other Uabillties...... 70,406.63

Capital notes and debentures..

None

Preferred stock.....

None

Common stock... 200,000.00

Surplus...................... .. 300,000.00

Undivided profits. 236,558.31

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

None

Total LiabUities...............$ 9,726,134.67

FORTY-EIGHTH ANNUAL REPORT

31

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK Cairo (Grady), Ga.

As called for by the Superintendent of Banks

J. C. MINTER, President.
Date of Charter: 12-3-1903

LUCILE S. MAXWELL, Cashier.
Began Business: 1-1-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 871,867.20

United States Government obliga-

tions, direct and guaranteed 1,012,644.90

Obligations of States and political

subdivisions. . 220,432.40

Securities of Federal a1encies and

~r.~~~~~. ~~~. -~~t~. -~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includin1 over-

drafts... 1,958,476.70

Bank premises, furniture and fixtures,

and other aasets representin1 bank

premises. 83,424.48

Real estate owned other than bank

p r e m i s e s .

2.00

Customers' liability to this bank on

acceptances outstandinl. .

None

Other aasets.

4,172.85

Total Assets.$ 4,351,020.53

LIABILITIES

Demand deposits.$ 1,954,302.42

Time and savinp deposits. . 1,627,385.88

Deposits of U.S. Government. . . 32,876.54

De~~~f. ~t~~~-~~~ -~~t~~a~ .~~~ 281,873.61

Deposits of banks. . . . 88,069.93

Certified and officers' checks, etc... 27,343.75

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl........

None

Other liabilities. ...

3,743.67

Capital notes and debentures....

None

Preferred stock.....

None

Common stock...... 100,000.00

Surplus.... 200,000.00

Undivided profits... 35,424.73

Reserves....

None

Total Liabilities...$ 4,35 1,020.5 3

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF CAMILLA Camilla (Mitchell), 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.
Besan Business: 1-2-1890

ASSETS

Cash, balances with other banks, and

caah items in proceu of collection .$ 889,739.87

United States Government oblip-

tions, direct and paaranteed 1,390,460.72

Obliptions of States and political

subdivisions. 831,871.53

Securities of Federal apncies and
~r.~t~~~. ~~~. -~t~?. -~~ 75,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and diacounts, includina overdrafts. 2,918,385.07

Bank premises, furniture and fixtures,

and other assets representfna bank premises

35,892.00

Real estate owned oth than bank p r e m i s e s .

1.00

Customers' liability to this bank on

acceptances outstandfna.

None

- - - - Other assets.

None

Total Assets.$ 6,141,350.19

LIAWLITIES

Demand deposits.$ 2,328,203.71

Time and savinp deposits. . 2,391,563.65

Deposits of U.S. Government. 11,444.43

De~:.:.f. ~t~~~. ~~~ -~~~~ .s~~ 860,055.50

Deposits of banks.. . 10,500.00

Certified and officers' checks, etc. 78,881.35

Other liabinties for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

i n l .

None

Other liabilities... 84,846.37

Capital notes and debentures...

None

Preferred stock.

None

Common stock. 100,000.00

Surplus. 200,000.00

Undivided profits. 75,855.18

Reserves

None

Total Liabilities$ 6,141,350.19

32

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

PLANTERS & CITIZENS BANK Camilla (Mitchell), 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, and

cash items in process of collection.$ 881,148.27

United States Government oblip-

tions, direct and guaranteed . 2,076,053.02

Obliptions of States and political

subdivisions............ 1,371,412.00

Securities of Federal agencies and

t~r.~~t~~~~. ~~~. -~~~~t~~?. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including overdrafts........... 4,191,517.70

Bank premises, furniture and f"axtures,

and other assets representing bank premises........ 121,382.69

Real estate owned other than bank premises..........

None

Customers' liability to this bank on

acceptances outstanding. .... Other assets.....

None None

Total Assets.......$ 8,641,513.68

LIABILITIES

Demand deposits.....$ 3,113,933.51

Time and savings deposits. . . . . . . . . 3,943,727.17

Deposits of U.S. Government. . . . 65,015.27

De~:,S.;.f. ~t~~~-~~~ .P_0.1~t~c.a~ .~~: 661,907.45

Deposits of banks. . . . . . .

None

Certified and officers' checks, etc. . 150,224.41

Other liabilities for borrowed money. 200,000.00

Acceptances executed by or for ac-

count of this bank and outstand-

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

None 6,174.22

Capital notes and debentures....

None

Preferred stock. Common stock.. Surplus....................... .

None 250,000.00 200,000.00

Undivided profits. 50,531.65

Reserves

None

Total Liabilities.......$ 8,641,513.68

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF CANTON Canton (Cherokee), Ga.

As called for by the Superintendent of Banks

E. 0. McFATHER, President.
Date of Charter: 11-17-1892

MARY JANE WHITMIRE, Cashier.
Beg~n Business: 12-18-1892

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,291,655.89

United States Government oblip-

tions, direct and guaranteed . 3,310,065.16

Obliga!i~~~ of States and political

subdiVISlons...... 1,419,822.38

Securities of Federal agencies and

t~r.~~t~~~s. ~~~ -~~~t~?. -~~ 478,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts....................... . 4,725,884.95

Bank premises, furniture and f"axtures,

and other assets representing bank

premises................... .. 103,281.60

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.

None

Other assets. . .....

1,142.50

Total Assets...$11,329,852.48

LIABILITIES

Demand deposits....$ 3,621,433.69

Time and savings deposits. . 5,272,495.55

Deposits of U.S. Government....... 68,466.12

De~ts of States and political sub-

dtvisions... 812,481.69

Deposits of banks.... 126,863.66

Certified and officers' checks, etc. 96,488.02

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities 417,939.00

Capitsl notes and debentures..

None

Preferred stock................. .

None

Common stock..... 200,000.00

Surplus.... 500,000.00

Undivided profits... 113,684.75

Reserves......... 100,000.00

Total Liabilities......$11,329,852.48

FORTY-EIGHTH ANNUAL REPORT

33

STATEMENT

Showing condition at the close of business December 31, 1967, of

ETOWAH BANK Canton (Cherokee), Ga.

As called for by the Superintendent of Banks

H. G. VANDIVIERE, President.
Date of Charter: 1-22-1927

N. E. FACKLER, Cashier.
Began Business: 1-29-1927

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection.$ 815,049.49

United States Government oblip

tiona, direct and suaranteed .. 2,103,917.00

Obliptions of States and political

subclivisions. . .... 1,398,248.75

Securities of Federal agencies and

~r.t~~~s ~~~. -~t~~~. -~~ 325,045.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts.... 5,230,621.27

Bank premises, furniture and fixtures,

and other auets representing bank

premises. 202,547.81

Real estate owned other than bank

premises. . . .

None

CUstomers' liability to this bank on

acceptances outstandiq. . . .

None

Other auets. . . . ___6:._,0_9_4_.3_4

Total Auets..$10,081,523.66

LIABILITIES

Demand deposits....$ 3,259,663.10

Time and savings deposits. . . . . 5,127,848.47

Deposits of U.S. Government....... 18,503.18

Del"!'!ts of States and political sub-

clivisions. . . ........ 645,712.66

Deposits of banks...... 26,548.37

Certified and officers' checks, etc.

9,462.40

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing.........

None

Other liabilities. . . ..... 59,787.10

Capital notes and debentures....

None

Preferred stock.......

None

Common stock......... 200,000.00

Surplus........ 500,000.00

Undivided profits..... 183,998.38

Reserves......

50,000.00

Total Liabilities.....$10,081,523.66

STATEMENT Showing condition at the close of business December 31, 1967, of

CARNESVILLE STATE BANK Carnesville (Franklin), Ga.

As called for by the Superintendent of Banks

GORDON M. TELFORD, President.
Date of Charter: 7-18-1960

GORDON M. TELFORD, Cashier.
B_egan Business: 8-1-1960

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ 251,866.75

United States Government oblip-

tions, direct and guaranteed 298,480.77

Oblip!io~ of States and political

subclivisions. . 136,800.05

Securities of Federal agencies and

t~r.~~t~~~~. ~~. -~~t~~- -~~ 675,078.13

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts.......... . . . 1,232,244.84

Bank premiaes, furniture and fixtures,

and other auets representing bank

premiaes. 47,097.21

Real estate owned other than bank

premises. . . . .

None

Customers' liability to this bank on

acceptances outstanding.

None

Other auets....................

2,000.00

Total Allets$ 2,643,567.75

LIABILITIES

Demand deposits...$ 1,132,682.11

Time and savings deposits.. 1,087,327.04

Deposits of U.S. Government..

9,580.81

Del"!'!ts of States and poHtlcal sub-

clivisions. . ........ 160,002.40

Deposits of banks...

None

Certified and officers' checks, etc.

39,604.43

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.........

None

Other liabilities. . ...

39,125.05

Capital notes and debentures..

None

Preferred stock......

None

Common stock.......

50,000.00

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

75,000.00

Undivided profits......

50,245.91

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

None

Total Liabilities......$ 2,643,567.75

34

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK Carrollton (Carroll), Ga.

As called for by the Superintendent of Banks

ROY RICHARDS, President.
Date of Charter: 11-10-1909

FRED HUTCHINS, Cashier.
Began Business: 12-1-1909

ASSETS

Cub, balances with other banks, and

cash Items In procea of collection$ 2,951,404.46 United States Government obllp-

tlons, direct and guaranteed 2,800,647.19

Obllptlons of States and political subdivisions. . 890,228.45

Securities of Federal asencies and

. .. tT.~t~~~~ ~~~ ~~t~~ ~~ 199,950.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, inciudins over-

drafts 5,488,443.27

Bank premises, furniture and fixtures,

and other assets representins bank

premises. 200,000.00

Real estate owned other than bank

premises.

None

Customers' liability to this bank on

acceptances outstandins.

None

- - - - - Other usets

None

Total Assets$12,530,673.37

LIABILITIES

Demand deposits$ 7,340,753.27

Time and savinp deposits. 1,606,995.50

Deposits of U.S. Government.. 908,220.12

Dec:::.:.'. ~t~~~. ~~ .~l~t~~ .s~~: 1,338,240.43

Deposits of banks. 23,618.28

Certified and officen' checks, etc

15,859.46

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl ........................

None

Other liabilities. 351,633.19

Capital notes and debentures..

None

Preferred stock...

None

Common stock... 150,000.00

Surplus....................... . 250,000.00

Undivided profits..

50,000.00

Reserves...... 495,353.12

Total Liabilities.$ 12,5 30,673.37

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CARTERSVILLE BANK Cartersville (Bartow), Ga.

As called for by the Superintendent of Banks

JOHN S. NEWMAN, President.
Date of Charter: 12-20-1947

HUGH I. JACKSON, Cashier.
Began Business: 11-19-1948

ASSETS

Cub, balances with other banks, and

cash Items in process of collection$ 1,207,011.01

United States Government obllp-

tlons, direct and paranteed 1,991,610.68

Obllptlons of States and political

subdivisions. . 368,206.39

Securities of Federal qencies and

t~r.~t~~~ .~~~ ..~~t~~..~~ 200,031.25

Other securities, corporate stocks and stock in Federal Reserve Bank.

None

Loans and discounts, includins over-

drafts.... 2,505,496.32

Bank premises, furniture and fixtures,

and other assets representlns bank premiaes... 128,838.47

Real estate owned other than bank premiaes . . .

None

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

None

Other assets. . .. 24,899.65

Total Asaets..$ 6,426,093.77

LIABILITIES

Demand deposits$ 2,092,112.73

Time and savinp deposits......... 2,257,128.10

Deposits of U.S. Government. . . 157,094.05

De~ts of States and political sub-

divisions.. 1,276,559.98

Deposits of banks...

None

Ceitified and officen' checks, etc 28,000.80

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ins..

None

Other liabilities 177,087.08

Capital notes and debentures..

None

Preferred stock....

None

Common stock.. 100,000.00

Surplus..... 300,000.00

Undivided profits. 38,111.03

Reserves . . . . .

None

Total Liabilities..$ 6,426,093.77

FORTY-EIGHTH ANNUAL REPORT

35

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF CAVE SPRING Cave Spring (Floyd), Ga.

As called for by the Superintendent of Banks

H. E. MIZE President.
Date of Charter: 12-15-1966

H. J. HEDGEPETH, Cashier.
Began Business: 6-1 5-1967

ASSETS Cash, balances with other banlca, and
cash items In procea of coDectlon$ United States Government oblip-
tlons, direct and guaranteed Obliptions of States and poHtical
subdivisions.................. .
. Securities of Federal aaencies and
t~r.~~~~~~ ~~~. -~~t~~~. -~~
Other securities, corporate stoclca and stock in Federal Reserve Bank.
Loans and diacounta, includina overdrafts...................... ..
Bank premiaea, furniture and f'axtures, and other asaeta repr-ntina bank premiaea.................... .
Real estate owned other than bank premiaea.................... .
Customers' Habllity to this bank on acceptances outstandina. . .
Other asaeta................... .
Total Aaeta....$

150,161.20 205,104.90
None
None None 200,810.74
40,103.39 None None None
596,180.23

LIABILITIES Demand deposita................$ Time and savinp deposits Deposita of U.S. Government Dep!sits of States and political sub-
divisions.................... . Deposita of banks. Certified and officers' checlca, etc. Other Habilitles for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandina........................ .. Other Habilities................ . Capital notes and debentures.. Preferred stock.. Common stock. Surplus....................... . Undivided profits... Reserves...................... .

263,002.85 198,214.42
None 25,000.00
None 8,720.57
None
None None None None 50,000.00 35,000.00 16,242.39 None

Total Liabilities...............$ 596,180.23

STATEMENT Showing condition at the close of business December 31, 1967, of

PEACHTREE BANK AND TRUST COMPANY Chamblee (DeKalb), Ga.

As called for by the Superintendent of Banks

CHARLES B. GINDEN, President.
Date of Charter: 3-17-1960

W. R. WATKINS, Cashier.
Began Business: 5-6-1960

ASSETS

Cash, balances with other banlca, and cash items in procea of collection$ 1,073,125.70
United States Government obtiptlons, direct and auaranteed 1,557,949.71
Obliptions of States and poHtlcal subdivisions , . , , , , , , , 1,164,916.83
Securities of Federal apnciea and
~r.~t~~~. ~~~. -~t~~- -~~ 624,906.25

Other securities, corporate stoclca and stock in Federal Reserve Bank
Loans and discounts, indudina overdrafts.
Bank premises, furniture and fixtures, and other aaaeta repreaentlna bank premises..
Reat estate owned other than bank pnmlaea. . . . .. .. .. .. .. .. ..
Customers' Habllity to this bank on acceptances outstandina...
Other aaaeta.. .. .. .. .. ..

None
5,547,663.47
172,048.83 None None
71,211.06

Total Aaaeta$10,211,821.85

LIABILITIES

Demand deposits..$ 4,306,764.20

Time and savinp deposita " 3,459,637.68

Deposits of U.S. Government. 362,096.00

De~ta of States and pontical sub-

divisions.................... . 792,463.70

Deposita of banlca............... .

None

Certified and officen' checlca, etc 148,611.39

Other Habllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

ina......................... .

None

Other Habilities................ . 396,276.76

Capital notes and debentures.

None

Preferred stock................. .

None

Common stock................. . 210,000.00 Surplus... 340,000.00

Undivided profits............... . 195,972.12

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

None

Total Liablnties...............$10,211,821.85

36

DEPARTMENT OF BANKING

STA'IEMENT Showing condition at the close of business December 31, 1967, of

COHUTTA BANKING COMPANY Chatsworth (Murray), Ga.

As called for by the Superintendent of Banks

R. E. CHAMBERS, President.
Date of Charter: 7-17-1905

FRANCES HEARTSELL, Cashier.
Began Business: 1-24-1906

ASSETS

Cash, balances with other banks, and

cash items in process of coiJection.$ 856,596.47

United States Government obllp

tions, direct and suaranteed . . 2,703,039.63

Obllp~i~f!S of States and political

subdiVIIJOnS. . . . . . . . 458,927.61

Securities of Federal apncies and

~T.'~t~~~s. ~~~ ..~~~t.e~~ ~~

None

Other securities, corporate stocks and .
stock in Federal Reserve Bank. . . S.49,8oo.oo

Loans and discounts, including over-

drafts........................ 1,979,797.96

Bank premises, furniture and fixtures,

and other assets representing bank

premises........... 79,890.70

Real estate owned other than bank

p r e m i s e s . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . ..

None

Other assets. ...

None

Total Assets.....$ 6,678,052.37

LIABILITIES

Demand deposits...$ 2,898,760.54

Time and savings deposits. 2,454,614.36

Deposits of U.S. Government. . . . . 64,438.89

Defl<!l!ts of States and political sub-

divisions....... 814,485.20

Deposits of banks.....

None

Certified and officers' checks, etc. .

6,192.00

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities. . ..

None

Capital notes and debentures..

None

Preferred stock...

None

Common stock..... 200,000.00

Surplus....... 200,000.00

Undivided profits.... 26,385.06

Reserves........... 13,176.32

Total Liabilities....$ 6,678,052.37

STA'IEMENT Showing condition at the close of business December 31, 1967, of

BANK OF CHESTER Chester (Dodge), Ga.

As called for by the Superintendent of Banks

S. M. NICHOLSON, President.
Date of Charter: 6-14-1966

RONALD D. EDGE, Cashier.
Began Business: 9-26-1966

ASSETS
Cash, balances with other banks, and cash items in process of coiJection.$
United States Government obllptions, direct and guaranteed ..
Obllptions of States and political subdivisions. .........
Securities of Federal asencies and
tr.t~~~~ .~~ ..~~~t~~~..~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, including overdrafts.........
Bank premises, furniture and fixtures, and other assets representing bank premises.........
Real estate owned other than bank premises.
Customers' liability to this bank on acceptances outstanding. . ....
Other assets..........

200,191.02 24,906.25 None
54,948.94 None
248,003.62
17,018.62 None None None

Total Assets.... .$ 545,068.45

LIAWLITIES
Demand deposits.....$ Time and savings deposits...
Deposits of U.S. Government.. Dep<!sits of States and political sub-
davisions . . . Deposits of banks.... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandi n g . . . . . Other liabilities. .... Capital notes and debentures..
Preferred stock...... Common stock..... S u r p l u s. . . . . . . . . . . . . Undivided profits..... Reserves..........

244,370.34 133,805.54
None
55,426.60 None
2,307.34 None
None 9,253.57
None None 50,000.00 25,000.00 24,905.05 None

Total Liabilities........$ 545,068.45

FORTY-EIGHTH ANNUAL REPORT

37

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF CHICKAMAUGA Chickamauga (Walker), Ga.

As called for by the Superintendent of Banks

W. H. EDWARDS, President.
Date of Charter: 2-16-1910

N. COLLINS WRIGHT, Cashier.
Began Business: 5-10-1910

ASSETS

Cash, balances with other banks, and

cash items in proceu of coUection$ 912,814.00

United States Government obliga

tions, direct and guaranteed 1,736,513.64

Obligations of States and political

subdivisions............ 570,093.02

. Securities of Federal aaencies and ~r.~t~~~~ ~~~. -~~t~~~. -~~ 500,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.......... 1,757,754.93

Bank premises, furniture and f"axtures,

and other 881ets representing bank

premises............. 18,229.07

Real estate owned other than bank

premises

None

Customers' liability to this bank on

acceptances outstanding....

None

Other 881ets........

None

Total Assets...$ 5,495,404.66

LIABILITIES

Demand deposits..$ 1,721,806.43

Time and savinp deposits......... 2,607,641.09

Deposits of U.S. Government. . 68,096.47

Dep!sits of States and political sub-

divisions....... 610,109.65

Deposits of banks....

None

Certif"aed and off"acers' checks, etc 14,638.47

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.......

None

Other liabilities... 19,000.00

Capital notes and debentures...

None

Preferred stock...

None

Common stock....... 100,000.00

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

Undivided prof"ats... 94,112.55

Reserves......... 60,000.00

Total Liabilities...$ 5,495,404.66

STATEMENT Showing condition at the close of business December 31, 1967, of

HABERSHAM BANK Clarkesville (Habersham), Ga.

As called for by the Superintendent of Banks

TOM ARRENDALE, President.
Date of Charter: 5-13-1904

W. W. DUNSON, Cashier.
. Began Business: 5-1904

ASSETS

Cash, balances with other banks, and

cash items in proce11 of coUection$ 579,034.63

United States Government obliga-

tions, direct and guaranteed . . 1,7 39,817.83

Obligations of States and political

subdivisions. . 410,199.37

Securities of Federal agencies and

~r.~t~~~-. ~~~. -~t~~?. -~~ 150,035.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts........................ 2,693,211.51

Bank premises, furniture and f"axtures,

and other 881ets representing bank

premises. . 38,673.18

Real estate owned other than bank

premises. . . 50,000.00

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other 881ets. .

None

Total Assets....$ 5,606,971.52

LIABILITIES

Demand deposits..$ 2,612,972.72

Time and savinp deposits. . . . 2,067,423.17

Deposits of U.S. Government....... 59,555.71

~rv:::.:.f. ~t~~~-~~~ -~~~~ -s~?: 247,245.23

Deposits of banks. . .

None

Certif"aed and off"acers' checks, etc. 27,442.28

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstsnd-

ing....

None

Other liabilities.

None

Capital notes and debentures..

None

Preferred stock....

None

Common stock.... 125,000.00

Surplus......... 375,000.00 Undivided prof"ats.... 37,332.41

Reserves....... 55,000.00

Total Liabilities.....$ 5,606,971.52

38

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CLAXTON BANK Claxton (Evans), Ga.

As called for by the Superintendent of Banks

H. C. HEARN, JR., President.
Date of Charter: 2-24-1941

AUBREY STRICKLAND, Cashier.
Began Business: 2-24-1941

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ 865,316.32

United States Government obliga-

tions, direct and suaranteed . 684,166.65

Obligations of States and political

subdivisions. .. 1,435,429.30

Securities of Federal apncies and

bT~t~~~. ~~~. -~t-e~~- -~~

None

Other securities, corporate atocks and

atock in Federal Reserve Bank

None

Loans and diacounts, includina over-

drafts...... 2,908,067.55

Bank premises, furniture and fixtures,

and other auets representinl bank

premises..... 238,851.62

Real eatate owned other than bank

Cupsretommiseerss' .l.iabil.it.yto th isbank on

57,283.57

acceptances outatandina. .

None

Other assets...

3,068.44

Total Assets....$ 6,192,183.45

LIABILITIES

Demand deposita.$ 2,294,743.23

Time and ssvinp deposita. 2,574,084.64

Deposits of U.S. Government....... 68,233.70

DeP<!I!ts of States and political sub-

divisions... 486,179.17

Deposits of banks... 40,000.00

Certified and officers' checks, etc 14,844.25

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

i n a . . . .

None

Other liabilities. .... 61,527.28

Capital notes and debentures...

None

Preferred atock..

None

Common atock... 200,000.00

Surplus. 400,000.00

Undivided profits 52,571.18

Reserves..

None

Total Liabilities.$ 6,192,183.45

STATEMENT

Showing condition at the close of business December 31, 1967, of

TIPPINS BANK & TRUST COMPANY Claxton (Evans), Ga.

As called for by the Superintendent of Banks

R. R. TIPPINS, JR., President.
Date of Charter: 8-30-1940

R. R. TIPPINS, III, Cashier.
Began Business: 9-3-1940

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ 668,713.26

United States Government obliga-

tions, direct and suaranteed .. 641,529.16

Obligations of States and political

subdivisions...... 599,717.00

Securities of Federal apncies and

tT~t~~~~. ~~~. -~~t-e~~- -~~ 100,000.00

Other securities, corporate atocks and

atock in Federal Reserve Bank.

None

Loans and discounts, includina over-

drafts........... 2,273,294.86

Bank premises, furniture and fixtures,

and other auets representinl bank

premises....... 40,036.98

Real estate owned other than bank

premises.........

1.00

Cuatomers' liability to this bank on

acceptances outatanding. . ..

None

- - - - - Other auets....

None

Total Asseta$ 4,323,292.26

LIABILITIES

Demand deposits...$ 1,582,956.99

Time and ssvinp deposits 2,021,452.84

Deposita of U.S. Government. . 13,299.59

DeJK!S!ts of States and political sub-

divisions. . . 159,881.55

Deposita of banks. 20,000.00

Certified and officers' checks, etc... 19,059.02

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand

i n a .

None

Other liabilities. . 76,911.39

Capital notes and debentures

None

Preferred atock.. Common stock.... Surplus.....

None 270,000.00
65,000.00

Undivided profita... Reserves.....

94,730.88 None

Total Liabilities.$ 4,323,292.26

FORTY-EIGHTH ANNUAL REPORT

39

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF CLAYTON Clayton (Rabun), Ga.

As called for by the Superintendent of Banks

A. W.ADAMS, President.
Date of Charter: 6-3-1904

JAMES R. PARRISH, Cashier.
Began Business: 7-1-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 479,124.49

United States Government obli&a

tiona, direct and guaranteed 1,064,737.41

ObJi&ations of States and poUticaJ

subdivisions. ... 643,180.10

Securities of Federal apncles and

~r.~~t~~~ ~~~. -~~~t~~. -~~ 1,072,057.87

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includin1 over-

drafts 3,250,612.58

Bank premises, furniture and f"txtures,

and other assets representinl bank

premises... 99,460.34

Real estate owned other than bank

premises . . . . . . .

None

Customers liability to this bank on

acceptances outstandin1. . ..

None

Other assets.

None

Total Assets..$ 6,609,172.79

LIABILITIES

Demand deposits$ 2,956,899.95

Time and savlnp deposits......... 2,424,297.72

Deposits of U.S. Government....... 10,571.86

Dectt:::.:.'. ~t~~~.~~~ -~~~~ .s~~ 383,321.59

Deposits of banks.. . 10,000.00

Certified and officers' checks, etc. 20,818.59

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl...

None

Other liabilities... 314,858.73

Capital notes and debentures......

None

Preferred stock

None

Common stock.. 100,000.00

Surplus.. 150,000.00

Undivided profits.. 238,404.35

Reserves . . .

None

Total LiabiUties...$ 6,609,172.79

STATEMENT Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK aeveland (White), Ga.

As called for by the Superintendent of Banks

J. L. NIX, President.
Date of Charter: 12-11-1945

LINDA H. BROWN, Cashier.
Began Business: 7-1-1946

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 640,626.16

United States Government obJi&a-

tions, direct and paranteed 1,110,207.66

Obli&ations of States and political

subdivisions. 440,857.38

Securities of Federal asencles and

~r.~t~~~~ . ~~~. -~~t~~ ~~ 75,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, includin1 over-

drafts.. 3,154,259.28

Bank premises, furniture and f"txtures,

and other assets represent1n1 bank

premises. 54,612.56

Real estate owned other than bank

premises . . .

1.00

Customers' liabiUty to this bank on

acceptances outstandinl.

None

Other assets.

50.42

LIABILITIES

Demand deposita$ 1,880,345.03

Time and savlnp deposita. 2,280,715.38

Deposita of U.S. Government....... 99,886.74

De~:.:.'. ~t~~~-~~~ -~~~~ .~~ 773,149.70

Deposita of banks.

None

Certified and officers' checks, etc. 12,536.53

Other liabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

inl..

None

Other liabilities. .

None

Capital notes and debentures..

None

Preferred stock.

None

Common stock.. 140,000.00

Surplus. 175,000.00 Undivided profits. 113,981.08

Reserves..

None

Total Assets...$ 5,475,614.46

Total LiabiUties$ 5,475,614.4E

4(J

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

COOK BANKING COMPANY Cochran (Bleckley), Ga.

As called for by the Superintendent of Banks

J. LUTHER HORNE, President.
Date of Charter: 4-24-1942

ELIZABETH ATTAWAY, Cashier.
Began Business: 7-1-1942

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ l74,052.80

United States Government obllp

tions, direct and suaranteed .. 753,247.65

ObUgations of States and political

subdivisions............ 399,593.33

Securities of Federal agencies and

t~r.~t~~~~ . ~~~. -~~~t.e~~~~ 285,015.63

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over

drafts........... 2,988,498.10

Bank premises, furniture and fixtures,

and other assets representing bank

premises............ 25,792.51

Real estate owned other than bank

premises........ _, .... 15,109.44

Customers' liability to this bank on

acceptances outstanding. . . ....

None

Other assets........

4,484.00

Total Assets..........$ 4,945,793.46

LIABILITIES

Demand deposits...$ 2,043,779.58

Time and savings deposits. . . . 1,958,807.17

Deposits of U.S. Government....... 10,853.84

Dep<?sits of States and political sub

divisions........... 588,735.41

Deposits of banks........

None

Certified and officers' checks, etc..

2,794.98

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.......

None

Other liabilities. ....

None

Capital notes and debentures..

None

Preferred stock.....

None

Common stock....... 90,000.00

Surplus....... 160,000.00

Undivided profits.... 77,445.62

Reserves.......... 13,376.86

Total Liabilities......$ 4,945,793.46

STATEMENT Showing condition at the close of business December 31, 1967, of

STATE BANK OF COCHRAN Cochran (Bieckley), Ga.

As called for by the Superintendent of Banks

L. D. GRIFFIN, President.
Date of Charter: 12-22-1921

T. E. HOWELL, Cashier.
Began Business: 1-5-1922

ASSETS

Cash, balances with other banks, and

cash items in process of coUectlon.$ 621,518.92

United States Government obUga-

tions, direct and guaranteed .. 930,507.64

ObUgations of States and political

subdivisions...... 1,503,555.49

Securities of Federal agencies and

t?~t~~~~ ~~~. -~~t~~. -~~ 1,262,527.80

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including overd r a f t s. . . . . . . . . .

2,394,099.02

Bank premises, furniture and fixtures,

and other assets representing bank premises ..........

19,400.00

Real estate owned other than bank premises..........

10,760.00

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

None 1,591.44

Total Assets.......$ 6,743,960.31

LIABILITIES

Demand deposits....$ 1,973,916.44

Time and savings deposits.. . . . 3,127,743.68

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

9,265.05

DelK!5!ts of States and political subdavisions . . . . . .
Deposits of banks.... Certified and officers' checks, etc.. Other liabilities for borrowed money.

1,142,864.69 None
29,418.80 None

Acceptances executed by or for ac-

count of this bank and outstanding........

None

Other liabilities....... 114,044.82

Capital notes and debentures..

None

Preferred stock........ Common stock........ Surplus...........

None 100,000.00 150,000.00

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

86,706.83 10,000.00

Total Liabilities.........$ 6,743,960.31

FORTY-EIGHTH ANNUAL REPORT

41

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF COLLEGE PARK College Park (Fulton), Ga.

As called for by the Superintendent of Banks

L. SCOTT WATSON, President.
Date of Charter: 10-3-1945

CHAS. T. WASHINGTON, Cashier.
Began Business: 1-7-1946

ASSETS

Cash, balances with other banks, and

cash items in proceas of collection$ 521,546.32

United States Government oblip

tions, dlrect and guaranteed . 1,569,969.54

Obliptions of States and political

subclivlsions. 539,306.39

Securities of Federal apncies and

~r.~~~~. ~~~. -~~~~~- -~~ 2,381,552.35

Other securities, corporate stocks and

stock in Federal Reaerve Bank...

None

Loans and discounts, including over

drafts.............. 3,884,761.54

Bank premises, furniture and fixtures,

and other assets representing bank

premises.......... 46,508.38

Real estate owned other than bank

premises 75,000.00

Customers liability to this bank on

acceptances outstandina.

None

Other assets. . ........... 102,091.15

Total Aasets.$ 9,120,735.67

LIABILITIES

Demand deposits............$ 4,351,589.05

Time and savinp deposits. . . . . . . . . 2,869,676.35

Deposits of U.S. Government....... 53,686.56

De~:.:.f. ~~~e~-~~~ .~1~t~c.a~ .s~~ 935,912.14

Deposits of banks. . . .

1,601.7 3

Certified and officen' checks, etc. 50,777.07

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand ina.......... Other liabilities. . ....... Capital notes and debentures...... Preferred stock........ Common stock....... Surplus............ Undivided profits........... Reserves..............

None 233,638.58
None None 200,000.00 200,000.00 223,854.19 None

Total Liabilities....$ 9,120,735.67

STATEMENT Showing condition at the close of business December 31, 1967, of

CITIZENS BANK Colquitt (Miller), Ga.

As called for by the Superintendent of Banks

G. C. JINKS, SR., President.
Date of Charter: 3-24-1924

G. C. JINKS, JR., Cashier.
Began Business: 4-21-1924

ASSETS

Cash, balances with other banks, and

cash items in proceas of collection.$ 711,627.77

United States Government oblip-

tions, direct and guaranteed .. 1,458,267.96

Obliptions of States and political

subdivisions. . ........ 513,793.54

. Securities of Federal agencies and
t~r.~~t~~~~ ~~~. -~~~~t~~~. -~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts............ 4,609,885.96

Bank premises, furniture and f"IXtures,

and other aasets representing bank premises . . . . . . . . . . . .

54,205.65

Real estate owned other than bank

premises..........

None

Customers' liability to this bank on

acceptances outstanding. . . ..

None

Other assets. . .........

None

Total Aasets$ 7,547,780.88

LIABILITIES

Demand deposits.....$ 3,251,730.97

Time and savinp deposits. . . . . 2,880,106.25

Deposits of U.S. Government....... 30,683.54

De~ts of States and political sub

clivlsions. . . ....... 627,275.22

Deposits of banks..

None

Certified and officers' checks, etc 25,662.63

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ina.........

None

Other liabilities...... 60,111.07

Capital notes and debentures.....

None

Preferred stock.......

None

Common stock....... 200,000.00

Surplus....... 300,000.00

Undivided profits.... 72,211.20

Reserves............. 100,000.00

Total Liabilities...........$ 7,547,780.88

42

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

COLUMBUS BANK AND TRUST COMPANY Columbus (Muscogee), Ga.

As called for by the Superintendent of Banks

JAS. W. BLANCHARD, President.
Date of Charter: 12-24-1888

HOWARD R. PARK, JR., Cashier.
Began Business: 4-1-1889

ASSETS

Cash, balances with other banks, and

cash items In process of collection.$12,344,242.82

United States Government obliga-

tions, direct and guaranteed 8,142,171.91

Obligations of States and political

subdivisions. . . . 11,782,805.68

Securities of Federal a1encies and

t?.~~t~~~~ .~~~ .-~~~~t~~. -~~ 500,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank 192,438.50

Loans and discounts, includinJ over-

drafts...... 48,158,085.39

Bank premises, furniture and fixtures,

and other assets representinJ bank

premises. . . . . . . . 2,209,155.96

Real estate owned other than bank

prellliaes. . . ....

4,407.57

Customers' liability to this bank on

acceptances outstandinJ...

Nont

Other assets...... 932,091.01

Total Assets..$84,265,398.84

LIABILITIES

Demand deposits.$ 26,998,517.76

Time and savlnp deposits.. 32,666,881.93

Deposits of U.S. Government....... 838,755.19

De~:..:.f. ~t~~~ -~~~ -~-~~c-a~ .s~~: 12,356,419.25

Deposits of banks. . . . . 1,403,004.67

Certified and officers' checks, etc. 247,229.28

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n J . . . . . . .

None

Other liabilities... 2,625,893.97

Capital notes and debentures...

None

Preferred stock.....

None

Common stock.... 2,550,000.00

Surplus..... 3,450,000.00

Undivided profits.. 732,346.45 Reserves...... 396,350.34

Total Liabilities....$84,265,398.84

STATEMENT

Showing condition at the close of business December 31, 1967, of

TRUST COMPANY OF COLUMBUS Columbus (Muscogee), Ga.

As called for by the Superintendent of Banks

F. G. LUMPKIN, JR., President.
Date of Charter: 3-19-1954

PAULINE A. FRANKE, Cashier.
Began Business: 3-19-1954

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obligations, direct and JUU8nteed ..
Obligations of States and political s u b d i v i s i o n s. . . . . . . . . .
Securities of Federal a1encies and
t~r.~~t~~~~ . ~~~. -~~~t-e~~~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, includinJ over d r a f t s . . . . . . . . . . . . .
Bank premises, furniture and fixtures, and other assets representinJ bank premises..........
Real estate owned other than bank premises...........
Customers' liability to this bank on acceptances outstandinJ. . . ...
Other assets. .........

17,617.17 203,534.25
52,756.83
160,018.75 None
999,134.06
6,162.06 115,957.46
None 7,251.96

LIABILITIES
Demand deposits..$ Time and savinp deposits. Deposits of U.S. Government.
~=-:..:.f. ~t~~~.~~~ -~~t~~ -s~~:
Deposits of banks... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandinJ...... Other liabilities.... Capital notes and debentures. Preferred stock.. Common stock.... Surplus......... UndMded profits.... Reserves . . . . . . . . .

None 427,015.60
None
50,000.00 None None None
None 297,308.69
None None 100,000.00 200,000.00 488,108.25 None

Total Assets.....$ 1,562,432.54

Total Liabilities......$ 1,562,432.54

FORTY-EIGHTH ANNUAL REPORT

43

STATEMENT

Showing condition at the close of business December 31, 1967, of

MERCHANTS AND FARMERS BANK OF COMER Comer (Madison), 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.
Beg~n Business: 10-10-1935

ASSETS Cash, balances with other banks, and
caah items in procel8 of coUection$ United States Government oblip
tions, direct and JIUUBilteed . Obliptions of States and political
subdivisions. . ................ . Securities of Federal apnciea and
~r.~t~~~. ~~~. -~t~?. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, includin1 overdrafts....................... .
Bank premises, furniture and fixtures, and other suets repreaentin1 bank premises................... ..
Real estate owned other than bank premises................... ..
Customers' liability to this bank on acceptances outstandins. .
Other assets.................. ..

271,374.39 785,974.31 198,782.43
309,440.63 None
810,047.24
5,451.37 None None
2,032.09

Total Assets....$ 2,383,102.46

LIABILITIES

Demand deposita.$ 1,342,270.19

Time and ssvinp deposits. . 361,649.51

Deposits of U.S. Government....... 31,646.24

De~:.:.'. ~t~~~-~~~ -~l~t~~a~ -s~~: 314,054.92

DeJ~Q!~ita of banks. . . .

None

Certified and officers' checks, etc. . . 19,731.88

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl........................ ..

None

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

None

Capital notes and debentures

None

Preferred stock................ ..

None

Common stock. 50,000.00

Surplus....................... . 50,000.00

Undivided profits..... 193,749.72

Reserves...................... . 20,000.00

Total Liabilities...$ 2,383,102.46

STATEMENT Showing condition at the close of business December 31, 1967, of

NORTHEASTERN BANKING COMPANY Commerce (Jackson), Ga.
As called for by the Superintendent of Banks

J. NOLAN SPEAR, President.
Date of Charter: 8-25-1891

BOBBY 0. TEASLEY, Cashier.
Began Business: 1892

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 798,934.24

United States Government oblip-

tions, direct and paranteed 1,227,704.64

Obli&a!i~~s of States and political

SUbdiVJSJODS , , , ,

93,207.68

Securities of Federal apncles and

t~r.~t~~~~ ~~~. -~~~t~~. -~~ 674,859.38

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and discounts, includin1 overdrafts. . . . . . . 2,152,800.47

Bank premises, furniture and f'axturea,

and other assets repreaentin1 bank

premises. 92,678.24

Real estate owned other than bank

premises. . . . . . .
c:;~:e.lia!.:i.~~~ ~~~~ -~~

26,438.22 None

Other assets. .

None

Total Assets$ 5,066,622.87

LIABILITIES

Demand deposits.$ 1,878,233.62

Time and asvinp deposits. 1,935,397.36

Deposits of U.S. Government....... 27,675.85

~=:.:.'. ~t~~~-~~~ -~~~~ .s~~ 618,669.72

Deposits of banks. . 200,000.00

Certified and officers' checks, etc... 10,679.61

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl ........................ .

None

Other liabilities...... 81,601.47

Capital notes and debentures..

None

Preferred stock

None

Common stock. 150,000.00

Surplus...................... .. 125,000.00

Undivided profits............... . 39,365.24

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

None

Total Liabilities....$ 5,066,622.87

44

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967. of

CONCORD BANKING COMPANY Concord (Pike). 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, and cash items in procesa of collection$
United States Government obliptlona, direct and JIUUBilteed
Obliptiona of States and poUtlcal aubdiYialona. .
Securities of Federal apncles and
~t~~~. ~~~. -~t~~. -~~
Other securities, corpcwate stocks and stock in Federal Reserve Bank
Loans and diacounts, includins overdrafts...
Bank premises, furniture and fixtures, and other assets repreaentins bank p r e m i s e s
Real estate owned other than bank premises.
Customers' liability to this bank on acceptances outatandlns.
Other assets

162,012.13 245,534.38
None
185,01JU.OO None
98,988.11
4,515.60 1.00 None None

Total Aaaeta$ 696,051.22

LIABILITIES
Demand deposita.$ Time and aavinp deposita. Deposita of U.S. Government.
De~..:.'. ~t~~~. ~~~ .".".~c-~ .s~~
Deposits of banks. Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandins Other liabiHtles. Capital notes and debentures.. Preferred stock...... Common stock.... S u r p l u s . . . Undivided profits... Reserves..

305,926.58 216,000.00
2,388.92 116,213.40
None 426.34
None
None None None None 25,000.00 25,000.00 5,095.98 None

Total Liabilities......$ 696,051.22

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF ROCKDALE Conyers (Rockdale). Ga.

As called for by the Superintendent of Banks

J.P. CULPEPPER, JR., President.
Date of Charter: 10-15-1891

CHAS. R. STANLEY, Cashier.
Began Business: 6-1901

ASSETS

Cash, balances with other banks, and

cash items in procesa of collection$ 1,201,326.84

United States Government obllp-

tiona, direct and suaranteed 2,066,014.90

Obllptiona of States and poHtical

aubdiYiliona. 1,559,373.12

Securit-. of Federal apncles and
~~t~~~. ~~. -~~~- -~~ 599,750.00

Other securities, corpcwate stocks and

stock in Federal Reserve Bank

None

Loans and diacounta, includins over-

drafts 4,771,397.71

Bank premilea, furniture and fixtures,

and other aaaeta repreaentins bank

premises 176,015.46

Real estate owned other than bank

premises. -

20,195.45

Customers' liability to this bank on

acceptances outatandins. . ..

None

Other assets

50,560.56

LIABILITIES

Demand deposita....$ 3,660,046.24

Time and aavinp deposita. 2,929,984.86

Deposita of U.S. Government....... 137,864.83

DetJC!S!ta of States and poHtical sub-

diviaiona... 2,787,169.46

Deposita of banks..

None

Certified and officers' checks, etc

4,423.50

Other liabiHtles for borrowed money.

None

AcCeptances executed by or for ac-

count of this bank and outatand-

ins

None

Other liabilities. 202,552.17

Capital notes and debentures....

None

Preferred stock

None

Common stock. 200,000.00

Surplus..... 300,000.00

Undivided profits.. 97,592.98

Reserves 125,000.00

Total Aaeta.$ 10,444,634.04

Total Liabilities$10,444,634.04

FORTY-EIGHTH ANNUAL REPORT

45

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK OF COOLIDGE Coolidge (Thomas), Ga.

As called for by the Superintendent of Banks

MICHEL DeLOACHE President.
Date of Charter: 12-18-1911

W. C. GIBSON, Cashier.
Began Business: 11-20-1911

ASSETS Cash, balances with other banka, and
cash items in process of collection.$ United States Government oblip
tions, direct and guaranteed Obliptions of States and political
subdivisions. ....... Securities of Federal aaencies and
t~r.~~t~~~~ .~~~. -~~~~t~~. -~~
Other securities, corporate stocka and stock in Federal Reserve Bank..
Loans and discounts, includina over drafts...
Bank premises, furniture and f"txtures, and other assets representina bank premises.....
Real estate owned other than bank premises....
Customers' liability to this bank on acceptances outstandina. .
Other assets.....

149,517.20 491,857.69
None
174,460.94 None
518,080.68
23,664.52 16,602.83
None 2,658.67

Total Assets....$ 1,376,842.53

LIABILITIES
Demand deposits.$ Time and savinp deposits.... Deposits of U.S. Government .
De~:,Sns~f- ~t~~e~.~~~ -~lit~c-a~ .s~~:
Deposits of banks.. Certif"ted and off"tcen' checka, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandina........ Other liabilities......... Capital notes and debentures. Preferred stock Common stock... Surplus.. Undivided prof"tts.. Reserves . . . . . . . . . . . . .

724,216.87 336,973.29
1,553.11 61,604.24
5,000.00 1,052.72 50,000.00
None 10,748.27
None None 50,000.00 100,000.00 35,694.03 None

Total Liabilities....$ 1,376,842.53

STATEMENT

Showing condition at the close of business December 31, 1967, of

CORDELE BANKING COMPANY Cordele (Crisp), Ga.

As called for by the Superintendent of Banks

L. B. MADDOX, President.
Date of Charter: 5-31-1927

R. M. FLEEMAN, Cashier.
Began Business: 6-15-1927

ASSETS

Cash, balances with other banka, and

cash items in process of collection.$ 1,394,926.65

United States Government oblip-

tions, direct and auaranteed 2,462,824.27

Obliptions of States and political

subdivisions. 15,000.00

Securities of Federal aaencies and

tT~t~~~~. ~~~. -~~~t~~- -~~ 2so,ooo.oo

Other securities, corporate stocka and

stock in Federal Reserve Bank. . .

None

Loans and discounts, includina over-

drafts........................ 3,345,912.45

Bank premises, furniture and f"txtures,

and other assets representina bank

premises. . . . . 57,790.87

Real estate owned other than bank

premises. . . . . . . .

None

Customers' liability to this bank on

acceptances outstandina. .

None

Other assets.

None

Total Assets... .S 7,526,454.24

LIABILITIES

Demand deposits..$ 4,909,609.10

Time and savlnp deposits......... 1,727,625.64

Deposits of U.S. Government.

6,370.74

De~:,SO:.f. ~t~~~.~~~ -~~t~~ .s~~ 302,493.06

Deposits of banka. . . . . . . Certif"ted and officers' checka, etc. . Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandina... Other liabilities. . Capital notes and debentures Preferred stock..... Common stock.... Surplus . . . . . . . . . . . . . Undivided prof"tts..... Reserves . . . . . . . . .

None 194,366.52
None None None None None 100,000.00 100,000.00 185,989.18 None

Total Liabilities.$ 7,526,454.24

46

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FIRST STATE BANK IN CORDELE Cordele (Crisp), Ga.

As called for by the Superintendent of Banks

C. H. DENNING, President.
Date of Charter: 12-3-1938

F.P.COWN, Cashier. Began Business: 1-3-1939

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 1,064,863.80

United States Government oblip-

tions, direct and paranteed 1,047,311.27

Obliptions of States and political

subdivisions................... 726,812.16

Securities of Federal asencles and

t~r.~t~~~~ . ~~~. -~~~~t~~~. -~~

None

Other securities, corporate stocka and

stock in Federal Reserve Bank.

None

Loans and diacounts, includins over-

drafts. . . . . . . . . . 4,121 ,674.85

Bsnk premises, furniture and fixtures,

and other assets representins bank

premises..... 76,976.04

Real estate owned other than bank

premises.........

None

Customen' liability to this bank on

acceptances outstandlns.

None

Other assets........

3,781.00

Total Assets....$ 7,041,419.12

LIABILITIES

Demand deposits$ 3,914,142.75 Time and savinp deposits......... 1,782,413.56 Deposits of U.S. Government. 89,490.35
DeJ::..:.f. ~t~~~- ~~~ -~~~t~~a~ .s~~: 533,156.98

Deposits of banks. . . . . Certified and officers' checks, etc. . Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand Ins.. Other liabilities. . Capital notes and debentures... Preferred stock.. Common stock. Surplus.. Undivided profits... Reserves . . . . . . . . .

94,536.31 72,994.89
None None None None None 200,000.00 125,000.00 199,568.64 30,115.64

Total Liabilities...$ 7,041,419.12

STATEMENT

Showing condition at the close of business December 31, 1967, of

CORNELIA BANK Cornelia (Habersham), Ga.

As called for by the Superintendent of Banks

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

HENRY L. BROCK, Cashier.
Began Business: 8-4-1900

ASSETS

Cash, balances with other banka, and

cash items In process of collection..S 971,082.81

United States Government oblip-

tions, direct and paranteed .... 1,094,078.01

Oblip!i~J!S of States and political subdiVISIOnS. ........ 1,331,196.29

Securities of Federal asencies and

t~r.~t~~~~ . ~~~ . -~~~t.e~~~~ 20,000.00

Other securities, corporate stocka and

stock in Federal Reserve Bsnk....

None

Loans and discounts, includlns overdrafts...................... 6,036,153.24

Bsnk premises, furniture and fixtures,

and other assets representins bank

premises........... 108,800.00

Real estate owned other than bank

premises.........

528.00

Customen' liability to this bank on

acceptances outstandins.......

None

Other assets. ...........

None

LIABILITIES

Demand deposits....$ 3,775,454.24

Time and savinp deposits. 3,861,422.22

Deposits of U.S. Government....... 44,923.35

De!M!I!ts of States and political sub

dtviaions........ 813,193.41

Depcmts of banks... 78,961.09

Certified and officers' checka, etc 28,623.92

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ins....

None

Other liabilities..... 313,415.74

Capital notes and debentures..

None

Preferred stock......

None

Common stock....... 200,000.00

Surplus........ 300,000.00

Undivided profits... 145,844.38

Reserves . . . . . . .

None

Total Assets...........$ 9,561,838.35

Total Liabilities.....$ 9,561,838.35

FORTY-EIGHTH ANNUAL REPORT

47

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF COVINGTON Covington (Newton), 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: 4-1 0-190 I

ASSETS

Cash, balances with other banks, and

cub items in process of collection$ 1,483,281.72

United States Government oblip

tions, direct and IUUBJlteed 3,498,083.19

Obliptions of States and poUtical

subdiYiaions. 720,727.10

Securities of Federal apncles and

~~t~~~. ~~~ ~~~~~

None

Other securities, corporate stocks and

stock in Federal RBMrYe Bank

None

Loans and discounts, includina over-

drafts. 4,352,858.57

Bank premises, furniture and fixtures,

and other assets representina bank

premises................... .. 88,085.99

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstandJna. .

None

Other assets................... .

None

Total AAets$10,143,036.57

LIABILITIES

Demand deposits................$ 4,618,380.78

Time and savinp deposits. 3,740,488.68

Deposits of U.S. Government.. 119,682.65

De~!'::'. ~t~~~. ~~~ .~~t~~a~ .s~~ 766,456.16

Deposits of banks.....

None

Certified and officers' checks, etc

2,436.10

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina......................... .

None

Other liabilities. ... 142,322.22

Capital notes and debentures......

None

Preferred stock................ ..

None

Common stock... 200,000.00

Surplus....................... . 400,000.00

Undivided profits.... 153,269.98

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

None

Total Liabilities.St0,143,036.57

STATEMENT Showing condition at the close of business December 31, 1967, of
THE COMMERCIAL BANK Crawford (Oglethorpe), Ga.

As called for by the Superintendent of Banks

GEO. B. BROOKS, President.
Date of Charter: 9-2-1924

JAMES A. FAUST, Cashier.
Began Business: 9-5-1924

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 730,647.32

United States Government oblip-

tions, direct and guaranteed . 538,586.65

Obliptions of States and political

subdivisions................. .. 209,984.41

Securities of Federal aaencles and

t~r.~t~~~ .~~~ ..~~t~~..~~

None

Other securities, corpcwate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts....................... . 1,709,770.95

Bank premises, furniture and f'lxtures,

and other assets representina bank premises.................... .

31,372.42

Real estate owned other than bank premises...

None

Customers' liability to this bank on

acceptances outstandJna. . . Other assets.................. ..

None 1,653.56

Total AAets$ 3,222,015.31

LIABILITIES

Demand deposits$ 1,310,910.18

Time and savinp deposits 1,359,469.22

Deposits of U.S. Government. . .

4,245.11

De~.:.'. ~t~~~. ~~~ .~~~~ .s~~: 299,688.36

Deposits of banks. .

None

Certif'led and officers' checks, etc.

3,023.15

Other liabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding......................... . Other liabilities............... .. Capital notes and debentures Preferred stock.... Common stock..... Surplus....................... . Undivided prof'lts.. Reserves..................... ..

None 54,679.29
None None 50,000.00 140,000.00 None None

Total Liabilities...............$ 3,222,015.31

48

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK Crawfordville (Taliaferro), Ga.
As called for by the Superintendent of Banks

E. W. REYNOLDS, President.
Date ofCha.rtet: 12-8-1941_

E. W. REYNOLDS, Cashier.
Began Business: 1-2-1948

ASSETS

CUb, Nlanc. with otll baab.lllld
C8lb ltema Ia . - - o f coaecdle .S Ualtecl Statw Gonrn-* olllill-

Otbilol p ,ddoi laeac to. .ta cSl .t a.t.w.

.... IIDd

. pa8lle.l

aubcli'flliollll.

Secudtill of F.-al aaeodM IIIII

~-~--~~--~~

Otllt':~=~-~~

338,408.27 397.993.76
None
434,903.13 None

LoenJ ud IIIMounta, lacl1ldbq -
pre..... .................... a.u,._...., drafta 1,010,617.69 fllndture ancl RK--. acl ott._.. reJHNDtinallull: 11,185.14

Rad e11tate - . c l other tlaln llaak

~.....................

None

Cillltom. . llabllit}' to thill blulk ea

0ta11cerc-ea,.._.o. ~ .... ... . . ... ... . . ....... . .

None None

s Total ~- ._ ~,193,107.99

LIABILITIES

Demand clepoaita$ 592,787.17

Time ancl Avlnp clepoeita......... 1,198,864.72

Deposita of U.S. Government.

2,265.26

nee:=.:.'.~~~~.~~ -~~ .~~ 230,390.43

Deposita of banks.

None

Certified ancl offic:en' checks, etc.

3,005.05

Other llabDltlea for borrowed money.

None

Acceptance. executed by or for ac

count of thill bank ancl outlltancl

ina- ........................ .

None

Other liabilities.

None

Capital notes ancl clebentuna

None

Preferred stock

None

Common stock 50,000.00

~eii P.:otiia:: ::::::::::::::

100,0~-9~
\5,795.36

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

None

Total Liabmtlea. $ 2,193,107.99

Sl'ATEMENT Sllowq conditioaaUhe cloaeof,buliMsa DKen~ber 31~.1967, of

BANK OF CUMMING Cumming (Forsyth), Ga.

As called for by the Superintendent of Banks

ROY P. OTwELL, SR., President.
Date of Charter: I 0-11-1904

FURMAN T. STANSELL,
~ashier.
Been Busine~:_1_Q:l2:19~

ASSETS

_In..- .s Cull, ....._ with other banks, ucl

CMb ...

of calllcdoa. 1,871,471.48

Ullltecl Stu. Govern-t obllp-

tlona, direct aacl .-.....c1 . . . . . . 1,715,054.21

~--~-~-~ 164,077.71

Secarltila of Fedlnl ...... acl

."!. ~~. ~. -~-

175,031.25

._,.IIuk.,... Other -mtlea, corpante ......... l l t o c l t l n F. . . . .

100.00

premilea, LocelnnJftaan..cl
Bank

clllcfouurnntiatu,rlenacnc:lluf t-x-t-,

4,895,263.74

apnrcleomtheilr e_a...................................... 133,806.13

..p.r.am..il.e.a....O.W.D.I.Id. .o.th..er..tl.l.aa...........

None

C- illlt~ o-' llaobaJtaIIftayactlolnt&ld. a

'-


*


-




None

Other.........................

None

TOUI ~ _. ~ .S 8,954,804.52

LIABILITIES
s Demand clepoaita. -3,086,828.33

Time ancl AYinp clepolita 3,727,889.39

Depolita of U.S. Government. . 86,399.40

nee:=.:.'.~~~~-~~-~~~.~~ 937,613.53

Depoalta of banks.

~(\ne

Certified ancl ofticen' checks, etc. 23,454.41

Other llabDltlea for borrowed money.

None

Acceptance. executed by or for ac-

count of thill bank ancl outatancl

l n J . . . .

None

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

None

Capital notes ancl debentures.

None

Preferred stock

None

Common stock................. . 350,000.00

Surplus. 450,000.00

Uan-cviMecsle.cl.p.r.o.f.it.a................

292,619.46 None

Total Liabilities$ 8,954,804.52

FORTI-EIGHTH ANNUAL REPORT

49

STATEMENT

ShowinJl condition at the close of busineu December 31, 1967, of

FORSYTH COUNTY BANK Cumming (Forsyth), Ga.

As called for by the Superintendent of Banks

LEON BOLING, President.
Date of Charter: 6-15-1964

LARRY SMALLWOOD, Cashier.
Bepn Business: 9-26-J 964

AJSETS

_Ill...,_ CUb, belancet eula ...

with

otlolofr-"-!-,DD~1 a.m.$i

870,002.75

Uaitell Statea Gowmmont oblllll tiou, diMilt ud ,_.meed ..... 481,618.13

Oblipti- of Sfatel 1DC1 poJidal

aubdiYWona. Se~ of Fecllnl . . . . . . ad
w.o~~-~--~~--~~

333,427.13 295,013.75

Otbor atoc

kuicDuFrietcielel,ncl oaqNi-nte

atocb aa But. ...

d

None

LoaM ud dllcolulta, laeluclbla o.--

a u - . clrafta. 1,570,411.97
But ....... fwDittln uul

a..a.d.o.t.......-.*..t.n.....-.a..t.i.D..&..b..u..l 119,559.41

R.N.I..l.lt.a.t.o..-...d ....o..t.'-..t.h.e.n..b..u..t

None

CUitom. . bllity to tbll hat oa - . . - - outltuldiJII
Otbor...a.

None 15,812.43

LIABILITIES

Domand dopoaita$ 2,051,563.82

Time and laYinp dopoeita. 1,830,903.58

Dopolita of U.S. Gowmmont. 25,344.16

Do~..:'.~~~~-~~-~~~-~~ 215,336.57

Dopolits of banb.

Nono

Coitifiod and offlc:en' cbocb, etc. 30,778.78

Othor liabDitiol for borro-d money.

Nono

Accoptancet oxocutod by or for ac-

count of tbll bank and outatand-

iDs

None

Otbor liabDitles 128,547.29

Capital not and dobontures.

None

Preferred atock

None

Common dock 100,000.00

~pn;m.::::::::::::::::

200,000.00 103,371.37

Relei'VOII.

None

Totll ~- .$ 4,685,845.57

Total LiabiHti! 4.685.845.57

STATEMENT
Showia&.,:a.di'tiell'atth-ciOse-of buliiaels ~31, 1967. of

CITIZENS BANK Cuthbert (Randolph), 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

CUb, belaDcet with otbor bab, and

ani......... ...... eula 1tema iD ~of co81c:tioa .S 815,996.62

Ualtecl ..... Gcwommont oblip-

tiou,-direct

1,434,591.85

ObllptioM of se.tea lllld political

aubdiftlioDI. 290,379.93

~ of Federal qeacioa and

~~~-~--~t~--~~ 581,213.75

O::t~cc:==~-~~
Loana and ...._ta, iDillucllbi o..-

None

pnmllle, *-ftl. . . . . . . . . . . . . 1;722,464.39

Baak

furniture and flxhna,

and ...u repn~anttns but

........ 14,733.54

euat- RpNInem1t11itleoolw.n.o..d..o.t.b.o.r..tM...n..b.a.n.k. ~liaobuDtiattyantodlntJldl baDJr..oa

None None

Otbor --..

2,222.30

Totd AaotL $ 4,861,602.38

LIABILITIES

Domand depoaita. $ 2,427,105.42

Time and aavinp dopodta......... 1,377,956.50

Dopolita of U.S. Gowmmont. 30,884.50

Do~..:'.~~~-~~-~~-~~ 553,791.14

Dopolita of bankl. 20_.!)1Ml.OO

Coitifiod and otficen' chockl, etc. 55,357.38

Otbor liabiHtia for borro-d money.

None

Accoptancet executed by or for ac-

count of tbll bank and outatand

iDI-

Nono

Othor liabDitles.

7,749.18

Capital nota and dobontures

Nono

Preferred atock

None

Common atock 150,000.00

SllrJIIUI 150,000.00

UndMded JB"Ofitl R-.e~ . . . . . . . . . . . . . . .

88,758.26 Nono

Total LiabDitiea. .$ 4,861,602.38

50

DEPARTMENT OF BANKING

STATEMENT

Sliowing condition at the close of business December 31, 1967, of

BANK OF DAHLONEGA Dahlonega (Lumpkin), Ga.

As called for by the Superintendent of Banks

J. F. SANDERS, President.
Date of Charter: 5-27-1914

RUSSELL IVIE, Cashier.
Began Business: 5-27-1914

ASSETS

Cash, balances with other banks, and

cash items in proc:eu of collection .$ 404,661.87

United States Government oblip-

tions, direct and guaranteed 730,879.84

Obliptions of States and polltieal

subdivisions. . . 702,573.92

Securities of Federal aaeneies and

t~r.~t~~~. ~~~. -~~~t~~- -~~ 585,067.50

Other securities, corporate stocks and

stoek in Federal Reserve Bank.

None

Loans and diaeounts, indudina over-

drafts........................ 3,109,225.48

Bank premises, furniture and fixtures,

and other -ts representina bank

premises. . . 101,255.01

Real estate owned other than bank

premises. . . . 12,900.00

Cuatomen' liability to this bank on

aeeeptancea outstandina.

None

Other -ts. . . 13,495.09

Total Aasets..$ 5,660,058.71

LIABILITIES

Demand deposits$ 1,802,740.86

Time and savinp deposits. . 1,990,561.22

Deposits of U.S. Government. . 53,944.36

ne~:..:.'. ~t~~~.~~~ ."_'1.11.t~~ .s~?: 1,361,801.92

Deposits of banks. . . .

None

Certified and offieen' cheeks, ete. . 19,387.86

Other liabilities for borrowed money.

None

Acceptances executed by or for ae-

eount of this bank and outstandina Other liabilities. . Capital notes and debentures.. Preferred stoek Common stock.. S u r p l u s . . . . Undivided profits. Reserves.....

None 12,420.00
None None 100,000.00 250,000.00 69,202.49 None

Total Liabilities..$ 5,660,058.71

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF DALLAS Dallas (Paulding), Ga.

As caUed for by the Superintendent of Banks

E. P. AUSTIN, President.
Date of Charter: 7-23-1962

RAYMOND E. STANFORD, Cashier.
Began Business: 3-15-1963

ASSETS
Cash, balances with other banks, and eash items In process of collection$
United States Government obliptions, direct and auaranteed
Obliptions of States and politieal subdivisions.....
Securities of Federal aaeneies and
t~r.~~t~~~~ . ~~~. -~~~t~~. -~~
Other securities, corporate stocks and stoek in Federal Reserve Bank
Loans and diseounts, includina overdrafts........
Bank premises, furniture and f"IXtures, and other uaets representing bank premises . . . . .
Real estate owned other than bank premises.....
Customen' liability to this bank on aeeeptancea outstandina.
Other assets.....

642,372.70 655,051.83
None
150,000.00 None
708,229.40
48,166.12 None None None

Total Assets......$ 2,203,820.05

LIABILITIES
Demand deposits..$ Time and savinp deposita.. Deposits of U.S. Government.
~..:.f. ~t~~~. ~~ .P_G!I.~~ .s~~:
Deposits of banks Certified and officers' cheeks, ete. Other liabilities for borrowed money. Aeeeptanees executed by or for ac-
count of this bank and outatandina.. Other liabilities.... Capital notes and debentures. Preferred stoek..... Common stoek...
Surplus... Undivided profits. Reserves

813,746.59 654,747.75
33,564.01 396,067.23
None 71,506.61
None
None 29,799.34
None None 100,000.00 70,000.00 34,388.52 None

Total Liabilities...$ 2,203,820.05

FORTY-EIGHTH ANNUAL REPORT

51

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF DALTON Dalton (Whitfield), 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, and

cash items in process of coUection$ 609,988.26

United States Government oblip-

tions, direct and guaranteed . 2,964,794.89

Obligations of States and political

subdivisions. . . . 744,325.81

Securities of Federal qencies and

t~r.~t~~~~. ~~~ ~~~t~~ .~~ 284,437.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.

3.00

Loans and discounts, includin1 over-

drafts. . . . 4,260,200.57

Bank premises, furniture and f"u:tures,

and other assets representin1 bank

premises. . . . 84,565.51

Real estate owned other than bank

premises. . . .

None

Customers liability to this bank on

acceptances outstandinJ. .

None

Other assets. . . . .

5,741.89

Total Asseta$ 8,954,057.43

LIABILITIES

Demand deposits$ 3,016,707.26

Time and savinp deposits. 3,950,308.54

Deposits of U.S. Government. 103,210.90

De~~~'. ~t~~~.~~~ .~li_'~~~ .s~~: 718,611.59

Deposits of banks. . . .

None

Certified and officers' checks, etc... 24,139.12

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inJ. . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities. .. Capital notes and debentures.. Preferred stock..

359,296.68 None None

Common stock. 200,000.00

Surplus 400,000.00

Undivided profits. 155,077.27

Reserves.... 26,706.07

Total Liabilities.$ 8,954,057.43

STATEMENT

Showing condition at the close of business December 31, 1967, of

HARDWICK BANK AND TRUST COMPANY Dalton (Whitfield), Ga.

As called for by the Superintendent of Banks

F. L. WILLIAMSON, President.
Date of Charter: 2-17-1922

CHAS. E. BOLDEN, Cashier.
Began Business: 2-20-1922

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 2,896,690.67

United States Government oblip-

tions, direct and guaranteed 2,856,760.80

Obliptions of States and political

subdivisions. . 1,303,010.75

Securities of Federal apncies and

~r.~t~~~ ~~~ ~~~~t~~ ~~ 2,500,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

5,000.00

Loans and discounts, includinJ over-

drafts... 10,774,549.45

Bank premises, furniture and fixtures,

and other assets repnsentin1 bank

premises... . 334,311.59

Real estate owned other than bank

premises. . . . 58,501.78

Customers liability to this bank on

acceptances outstandinJ. .

None

Other assets.

1,053.91

Total Asseta$ 20,729,878.95

LIABILITIES

Demand deposits$10,084,248.66

Time and savinp deposits. . 7,261,313.79

Deposits of U.S. Government. . . . . 674,642.01

~=:.:.'. ~t~~~.~~~ .P_O.~~~ .s~~ 697,280.37

Deposits of banks.

None

Certified and officers' checks, etc. 226,456.46

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inJ

None

Other liabilities. 289,274.42

Capital notes and debentures..

None

Preferred stock.....

.None

Common stock. 400,000.00

Surplus... 900,000.00

Undivided profits 196,663.24

Reserves

None

Total Liabilities$20,729,878.95

52

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF DANIELSVILLE Danielsville (Madison), Ga.

As called for by the Superintendent of Banks

ELCOEHUFF, President.
Date of Charter: 12-11-1907

GEO. N. STOVALL, Cashier.
Began Business: 1-15-1908

ASSETS

Cash, balances with other banks, and

cub items In proc- of collection$ 379,197.98

United States Government oblip-

tlona, direct and guaranteed 1,1 50,074.83

Obllptlons of States and poUtlcal

subdivisions. ... 197,958.79

Securities of Federal apnciea and

t~r.~t~~~. ~~~. -~t~~. -~~ 250,062.50

Other aecuritles, corpcwate stocks and

stock In Federal Reserve Bank.

None

Loans and diac:ounts, includlna over-

drafts..... 606,069.76

Bank premlaea, furniture and fixtures,

and other aaaets repreaentina bank premlaea

10,284.03

Real estate owned other than bank

p r e m i s e s .

4,250.00

Customers' Uabllity to this bank on

acceptances outstandlna.

None

- - - - - Other aaaets

None

Total Assets. .$ 2,597,897.89

LIABILITIES

Demand deposits$ 1,373,611.67

Time and aavinp deposits. 495,887.98

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

1,453.95

De~:.:.'. ~t~~~.~~~ -~~t~~ .s~~ 408,506.81

Deposits of banks. .

None

Certified and officers' checks, etc.

742.06

Other Uabllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandlna...

None

Other Uabllities. ... Capital notes and debentures.

5,250.00 None

Preferred stock.. Common stock.

None 35,000.00

Surplus. 65,000.00 Undivided profits 212,445.42

Reserves...

None

Total Liabilities...$ 2,597,897.89

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE DARIEN BANK Darien (Mcintosh), Ga.

As called for by the Superintendent of Banks

EDWARD R. GRAY, JR., President.
Date of Charter: 12-8-1888

P. E. CLARK, JR., Cashier.
Began Business: 1-24-1889

ASSETS

Cash, balances with other banks, and

cub Items In process of collection$ 281,523.09

United States Government obUp-

tlona, direct and guaranteed 999,747.19

Obllptlona of States and poUtical

subdivisions. . 527,078.56

Securities of Federal apncies and

:r.rr.~t~~. ~~~. -~~?. -~~ 353,975.28

Other aecuritiea, corporate stocks and stock In Federal Reserve Bank

None

Loans and diacounts, includlna overdrafts 1,454,078.08

Bank premises, furniture and fixtures,

and other aaaets repreaentlna bank premlaea.

31,900.00

Real estate owned other than bank premiaea . .

None

Customers' Uabllity to this bank on acceptances outatandlna..
Other uaeti....

None None

Total Assets..$ 3,648,302.20

LIAWLITIES

Demand deposits...$ 1,322,968.23

Time and aavinp deposits. . 1,388,480.78

. Deposits of U.S. Government....... 22,755.00

De&::::.:.'. ~t~~~. ~~~ -~~~~ .s~~ 456,646.91

Deposits of banks.

None

Certified and officers' checks, etc. 30,176.94

Other Uabllitles for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandl n a .

None

Other Uabllities. . .. 134,334.34

Capital notes and debentures...

None

Preferred stock.....

None

Common stock... 100,000.00

Surplus........ 100,000.00 Undivided profits.. 92,940.00

Reserves

None

Total Liabilities..$ 3,648,302.20

FORTY-EIGHTH ANNUAL REPORT

53

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF DAWSON Dawson (Terrell), Ga.

As called for by the Superintendent of Banks

ROGERS LOCKE, President.
Date of Charter: 6-29-1911

JACK EDWARDS, Cashier.
B_egan Business: 7-1-1911

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,169,283.13

United States Government obUaa

tiona, direct and guaranteed . . 1,998,726.93

ObUp~i'?~ of States and poUtical

subdivuaons. . . . . . 685,679.52

Securities of Federal a1encies and

t~r.~t~~~~. ~~~ ~~t~~ .~~ 537,675.31

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includinl over

drafts........................ 3,161,652.70

Bank promises, furniture and fixtures,

and other assets representin1 bank

premises. . . . . . 260,456.39

Real estate owned other than bank

premises. . . . . . . . . 18,802.38

Customers' Uability to this bank on

acceptances outstandlns. . .

None

Other assets. . . .

None

Total Aaseta....$ 7,832,276.36

LIABILITIES

Demand deposits...$ 2,863,208.67 Time and savinp deposita. . . . . . 3,716,546.22 Deposits of U.S. Government. . . . 22,695.37
DectC:::,S.:.f. ~t~~~. ~~~ .P_O.I~t~c.a~ .~~: 566,352.80

Deposits of banks. . Certified and officers' checks, etc. Other Uabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand in.. Other Uabilities. .. Capital notes and debentures Preferred stock......... Common stock........ Surplus............. Undivided profits........ Reserves . . . . . . . . . . .

None 70,704.98
None
None 42,538.16
None None 200,000.00 300,000.00 50,230.16 None

Total Liabilities...........$ 7,832,276.36

STATEMENT Showing condition at the close of business December 31, 1967, of
BANK OF TERRELL Dawson (Terrell), Ga.

As called for by the Superintendent of Banks

R. A. HILL, President.
Date of Charter: 3-23-1936

ROBERT T. BROWN, Cashier.
Began Business: 5-1-1936

ASSETS

Cash, balances with other banks, and

cash Items in process of collection.$ 1,631,056.74

United States Government obUaa

tiona, direct and paranteed I,713,877.09

ObUptions of States and poUtical

subdivisions. . 729,448.51

Securities of Federal apncies and

t~r.~t~~~~. ~~~ ~t~~~~ 1,224,875.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and diacounts, includin1 over

drafts........................ 5,276,051.69

Bank premisea, furniture and fixtures,

and other assets representin1 bank

premises. 235,205.11

Real estate owned other than bank

premises. . .

65 3.33

Customers' Uabllity to this bank on

acceptances outatandin1. . .

None

Other assets. . . .

3,673.17

Total Apeta.... .$10,814,840.64

LIABILITIES

Demand deposita...$ 3,711,994.80

Time and savinp deposits. 4,682,673.57

Deposita of U.S. Government. 49,260.46

DeJM!I!ta of States and poUtical sub-

divisions. . . . . . 482,425.96

Deposits of banks................ 226,154.27

Ceitified and officers' checks, etc. . 95 3,956.02

Other Uabllities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outatand

inl

None

Other Uabilities

74.77

Capital notes and debentures.

None

Preferred stock...

None

Common stock.... 200,000.00

Surplus... 300,000.00

Undivided profits.. 149,485.86

Reserves.... 58,814.93

Total Liabilities.$10,814,840.64

54

DEPARTMENT OF BANKING

STA1EMENT

Showing condition at the close of business December 31, 1967, of

DAWSON COUNTY BANK Dawsonville (Dawson), Ga.

As called for by the Superintendent of Banks

H. G. VANDIVIERE, President.
Date of Charter: 7-1-1953

HUGH B. BOLING, Cashier.
Began Business: 7-13-1953

ASSETS

Cash, balances with other banks, and

cash Items in process of collection$ 465,019.12

United States Government obUaa

tions, direct and auaranteed 321,958.90

Obllptions of States and political

subdivisions. .... 154,993.19

Securities of Federal apncies and

t?~t~~~s ~~~. -~~t~~?. -~~ 139,700.00

Other securities, corporate stocks and

stock In Federal Reserve Bank

None

Loans and discounts, Including over

drafts... 1,620,109.74

Bank premises, furniture and fixtures,

and other assets representing bank

premises..... 59,051.30

Real estate owned other than bank

premises.....

None

Customers' Uabllity to this bank on

acceptances outstanding....

None

Other assets. ....

602.26

Total Assets... .$ 2,761,434.51

LIABILITIES

Demand deposits.$ 814,364.75

Time and savlnp deposits. 1,325,467.49

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

7,429.83

De~~~'. ~t~~~-~~~ -~l~t~c:-~ .s~~: 307,299.60

Deposits of banks. . I 0,000.00

Certified and officers' checks, etc. 58,959.73

Other Uabllitles for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing..

None

Other Uabllities. .

None

Capital notes and debentures.

None

Preferred stock. Common stock Surplus. Undlv:lded profits Reserves . . . .

None 50,000.00 90,000.00 87,913.11 10,000.00

Total Liabilities..$ 2,761,434.51

STA1EMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN BELVEDERE BANK Decatur (DeKalb), Ga.

As called for by the Superintendent of Banks

BILL J. JONES, President.
Date of Charter: I0-13-1965

RAY D. SWAIM, Cashier.
Began Business: 4-30-1966

ASSETS

Cash, balances with other banks, and

cash Items In process of collection$ 508,346.87

United States Government obllp-

tions, direct and guaranteed 1,036,801.73

Obllptions of States and political

subdivisions. . .

None

Securities of Federal apncies and

t?~t~~~. ~~~. -~~~t.e~?. -~~ 599,837.53

Other securities, corporate stocks and

None

stock In Federal Reserve Bank

Loans and discounts, Including over-

draft.. . . . . . . 2,426,322.56

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . 17,338.42

Real estate owned other than bank

premises. . . . . .

None

Cuatomers' Uabllity to this bank on

acceptances outstanding. . . .

None

Other assets. . . . . . 43,025.15

Total Assets...$ 4,631,672.26

LIABILITIES

Demand deposits.....$ 1,546,797.76

Time and savlnp deposits. . 2,270,633.91

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

9,732.36

~:.:.'. ~t~~~.~~~ .P_'l.11.t~~ .s~~: 250,000.00

Deposits of banks.

None

Certified and officers' checks, etc.

210.99

Other Uabllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing..

None

Other Uabllities... 175,208.16

Capital notes and debentures...

None

Preferred stock....

None

Common stock. 200,000.00

Surplua..... 150,000.00

Undivided profits. 29,089.08

Reserves

None

Total Liabilities..$ 4,631,672.26

FORTY-EIGHTH ANNUAL REPORT

55

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN EMORY BANK Decatur (DeKalb), Ga.

As called for by the Superintendent of Banks

JOHN F. INGRAM, JR., President.
Date of Charter: 12-11-1950

JAMES L. FINDLAY, Cashier.
Began Business: 4-16-1951

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 3,333,089.45

United States Government obliga-

tions, direct and guaranteed 5,726,101.71

Obligations of States and political

subdivisions. . 3,076,109.60

Securities of Federal asencies and

t~r.~~t~~~~ .~~~ .-~~~t~~~. -~~

None

Other securities, corporate stocks and

stock In Federal Reserve Bank

7,087.50

Loans and discounts, includlns over-

drafts...... 14,756,136.14

Bank premises, furniture and fixtures,

and other assets representlns bank

premises 384,967.01

Real estate owned other than bank

premises..

None

Customers' liability to this bank on

acceptances outstandlns. .

None

Other assets. . .... 194,153.00

Total ABsets$27,477,644.41

LIABILITIES

Demand deposits.$10,514,542.12

Time and savlnp deposits. 12,959,515.83

Deposits of U.S. Government....... 107,434.09

Dep!slts of States and political sub-

divisions.... 685,356.14

Deposits of banks...

None

Certified and officen' checks, etc.

24,484.68

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ins....

None

Other liabilities. . .. 1,481,656.70

Capital notes and debentures.... 400,000.00

Preferred stock...

None

Common stock... 370,000.00

Surplus.. 430,000.00

Undivided profits.. 204,654.85

Reserves........ 300,000.00

Total Liabilities...$27,477,644.41

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE KNIGHT STATE BANK Dexter (Laurens), Ga.

As called for by the Superintendent of Banks

D. W. KNIGHT, SR., President.
Date of Charter: 1-30-1967

D. W. KNIGHT, JR., Cashier.
Began Business: 2-1-1967

ASSETS Cash, balances with other banks, and
caah items in process of coUection$ United States Government obliga-
tions, direct and guaranteed . Obligations of States and poUtical
subdivisions. ... Securities of Federal apncies and
~r.~t~~~- .~~~. -~t~~~. -~~
Other securities, corporate stocks and stock In Federal Reserve Bank.
Loans and discounts, lncludlns overd r a f t s. . . .
Bank premises, furniture and fixtures, and other assets representins bank premises..
Real estate owned other than bank p r e m i s e s .
Customers' Uability to this bank on acceptances outstandiq.
Other assets. ..

209,876.70 296,473.18
None
143,185.67 None
238,051.46
8,339.00 None None
1,083.34

Total Assets. . .$ 897,009.35

LIABILITIES
Demand deposits..$ Time and savlnp deposits Deposits of U.S. Government.
ne~:.:.f. ~t~~~. ~~~ _P_O_~~~ _s~?:
Deposits of banks. Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandl n s . . . . . Other liabilities. ... Capital notes and debentures. Preferred stock.. Common stock... S u r p l u s . . . . . Undivided profits. Reserves

534,028.53 143,386.63
3,083.30 103,749.37
None 1,208.62
None
None None None None 55,000.00 30,000.00 26,552.90 None

Total Liabilities...$ 897,009.35

56

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

TONEYBROTHERSBANK Doerun (Colquitt), Ga.

As called for by the Superintendent of Banks

J. W. TONEY, President.
Date of Charter: 7-11-1945

J. W. TONEY, Cashier. Began Business: 7-31-1945

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 835,053.82

United States Government oblip

tions, direct and guaranteed .. 148,000.00

Oblip~~~ of States and political

subdiVJSaons............. 50,767.90

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~~~t~~~ -~~

0

0

0

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, includlna over-

drafts.................. 1,584,723.31

Bank premises, furniture and f"lxtures,

and other assets representing bank

premises . . . . . . . . .

2.00

Real estate owned other than bank

premises......

None

Customers' liability to this bank on

..cceptances outstanding...

None

Other assets........

None

Total Assets.........$ 2,618,547.03

LIABILITIES

Demand deposits...$ 1,241,254.95

Time and savlnp deposits. . 988,414.46

Deposits of U.S. Government. . .

3,395.00

De~~sns~f- ~t~~~. ~~~ -~l~t~c-a~ .s~~: 128,701.98

Deposits of banks. . . . Certified and officen' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandIng........ Other liabilities. . .... Capital notes and debentures... Preferred stock. Common stock.. Surplus Undivided profits Reserves..

None 9,939.03
None None 1,818.00 None None 50,000.00 100,000.00 95,023.61 None

Total Liabilities.....$ 2,618,547.03

STATEMENT Showing condition at the close of business December 31, 1967, of

COMMERCIAL STATE BANK Donalsonville (Seminole), Ga.

As called for by the Superintendent of Banks

E. C. MOSELY, President.
Date of Charter: I0-21-1938

ELLEN G. SPIER, Cashier.
Began Business: 12-16-1938

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,114,684.48

United States Government oblip

tions, direct and guaranteed 382,400.00

Oblip~i~~~ of States and political

subdaVJSaons. . . . . . . . 507,780.61

Securities of Federal agencies and

u.s. corporations not guaranteed by 0 0 00 0 0 00 0 0 00 0 0 0 0 00 0 0 0 00 0

150,031.28

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and dlacounts, including over

drafts........... 2,892,404.64

Bank premises, furniture and f"axtures,

and other assets representing bank

premises. . . . . . 35,264.38

Real estate owned other than bank

premises. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

17,197.49

Customers' liability to this bank on

acceptances outstanding.

None

Other assets. . . 18,780.89

Total Assets....$ 5,118,543.77

LIABILITIES

Demand deposits.....$ 2,119,788.36

Time and savlnp deposita. . 1,508,995.40

Deposits of U.S. Government....... 33,711.24

De~ts of States and political sub-

divisions..... 862,339.38

Deposits of banks. 104,988.39

Certified and officers' checks, etc 32,216.38

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

None

Other liabilities... 41,595.14

Capital notes and debentures

None

Preferred stock......

None

Common stock..... 100,000.00

Surplus...... 200,000.00

Undivided profits... 32,914.43

Reserves...... 81,995.05

Total Liabilities.....$ 5,118,543.77

FORTY-EIGHTH ANNUAL REPORT

57

STATEMENT

Showing condition at the close of business December 31, 1967. of

MERCHANTSANDFARMERSBANK Donalsonville (Seminole), Ga.

As called for by the Superintendent of Banks

W. GAYLORD CUMMINGS, President.
Date of Charter: 9-24-1925

E. H. HOWARD, Cashier.
Began Business: 9-24-1925

ASSETS

Cash, balances with other banks, and

caah items in process of collection$ 539,541.10

United States Government oblip-

tions, direct and paaranteed 1,244,974.94

Obliptions of States and political

subdivisions. 313,419.03

Securities of Federal agencies and

t?.~t~~~- .~~~. -~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includina over-

drafts..... 1,728,480.87

Bank premises, furniture and fixtures,

and other assets representina bank

premises 52,713.06

Real estate owned other than bank

premises

None

Customers' liability to this bank on

acceptances outatandina.

None

Other assets. ...........

1,430.00

Total Assets$ 3,880,559.00

LIABILITIES

Demand deposits..$ 1,821,308.01

Time and aavinp deposits. . . . 1,267,596.72

Deposits of U.S. Government. 13,642.26

DectC:,Sns~f- ~t~~~ -~~~ -~l~t~~a~ .s~~ 390,731.75

Deposita of banks.

None

Certified and officen' checks, etc. . . 11,177.54

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandinl- Other liabilities.

None 44,428.00

Capital notes and debentures Preferred stock.. Common stock..... Surplus.. Undivided profits..

None None 100,000.00 150,000.00 81,674.72

Reserves . . .

None

Total Liabilities.........$ 3,880,559.00

STATEMENT Showing condition at the close of business December 31, 1967. of

COFFEE COUNTY BANK Douglas (Coffee), Ga.

As called for by the Superintendent of Banks

H. L. SHANNON, President.
Date of Charter: 6-19-1931

HARVEL NORRIS, Cashier.
B~gan Business: 7-1-1931

ASSETS

Cash, balances with other banks, and

caah items in process of collection$ 1,178,905.49

United States Government oblip-

tions, direct and paaranteed 3,709,500.57

Obliptions of States and political

subdivisions. .

None

Securities of Federal agencies and

~r.~t~~~. ~~~. -~~t~~~- -~~ 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and diacounta, includina over-

drafts. . . . . 2,072,548.73

Bank premises, furniture and fixtures,

and other assets repreaentina bank

premises. . . . 37,947.94

Real estate owned other than bank

premises. .

None

Customers' liability tdinothis bank on acceptances outstan I .

None

Other assets.

None

Total Assets$ 7,298,902.73

LIABILITIES

Demand deposita.$ 3,002,521.86

Time and aavinp deposits......... 2,472,924.77

Deposita of U.S. Government....... 39,907.89

~=:.:.f. ~t~~~.~~~ -~~~~ -s~~: 975,331.34

Deposits of banks................ 107,637.16

Certified and officers' checks, etc.

4,162.76

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl- ..

None

Other liabilities. .

None

Capital notes and debentures..

None

Preferred stock.....

None

Common stock... 100,000.00

Surplus..... 400,000.00

Undivided profits 184,533.20

Reserves..... 11,883.75

Total Liabilities...$ 7,298,902.73

58

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FARMERS BANK Douglas (Coffee), Ga.

As called for by the Superintendent of Banks

F. S. STUBBS, SR., President.
Date of Charter: 5-22-1945

W. L. WILLIS, Cashier. Began Business: 7-5-1945

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 1,734,446.10

United States Government obllp.

tlons, direct and guaranteed . 2,838,544.13

Obligations of States and political

subdivisions. . . . 1,928,066.98

Securities of Federal a1encies and

corporations not guaranteed by

U.S. . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounta, includinl over-

drafts.......... . 6,064,308.91

Bank premises, furniture and f"axtures,

and other assets representinJ bank

premise&. . . . . 101,159.03

Real estate owned other than bank

premises.. . . . 107,500.00

Customers' liability to this bank on

acceptances outstandinJ. .

None

Other assets. . . .

None

Total Assets.. .$12,774,025.15

LIABILITIES

Demand deposits$ 6,338,230.77

Time and savinp deposita. 3,972,713.11

Deposits of U.S. Government....... 13,093.11

De~:O:.f. ~t~~e~-~~~ -~-~~~~ .s~~ 1,051,751.82

Deposits of banks................ 176,797.19

Certified and officers' checks, etc. 56,461.43

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

inJ. 0 0 0 0. 0 0 0. 0 0. 0 0 0 0 0 0 Other liabilities. . ... Capital notes and debentures Preferred stock.

None 89,327.91
None None

Common stock.... 360,000.00

Surplus.. 440,000.00

Undivided profits.. 240,649.81

Reserves . . . .

35,000.00

Total Liabilities....$12,774,025.1$-

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF DOUGLASVILLE Douglasville (Douglas), Ga.

As called for by the Superintendent of Banks

I. S. OWINGS, President.
Date of Charter: 8-11-1959

DAN M. GRIMES, Cashier.
Began Business: 5-9-1960

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 491,760.33

United States Government obliga-

tions, direct and JUaranteed . 817,283.75

Obligations of States and political

subdivisions........... 138,961.68

Securities of Federal apncies and

t~T~~t~~~~ .~~~ .-~~~~t~~..~~ 99,800.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, includinl over-

drafts.................. 2,166,760.54

Bank premises, furniture and fixtures,

and other assets representinJ bank

premises.............. 61,757.73

Real estate owned other than bank premises.............

None

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

None

Other assets.........

688.00

Total Assets.............$ 3,777,012.03

LIABILITIES

Demand deposits.....$ 1,681,135.54

Time and savinp deposita. . 1,369,856.31

Deposits of U.S. Government....... 30,005.18

~=:.:.f. ~t~~~.~~~ -~-~~~~ .s~~: 211,987.89

Deposits of banks. . . .

None

Certified and officers' checks, etc. 13,561.34

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

inJ........

None

Other liabilities...... 147,899.00

Capital notes and debentures Preferred stock.....

None None

Common stock......... 100,000.00

Surplus.............. 70,000.00

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

86,566.77 None

Total Liabilities...$ 3,777,012.03

FORTY-EIGHTH ANNUAL REPORT

59

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE COMMERCIAL BANK Douglasville (Douglas), Ga.

As called for by the Superintendent of Banks

RAYMOND L. LLOYD, President.
Date of Charter: 4-24-1942

J. A. COLLINS, Cashier.
Began Business: 5-1-1942

ASSETS

Cash, balances with other banks, and

cash items in proceBB of coUection.$ 751,968.37

United States Government oblip

tiona, direct and guaranteed 1,905,350.52

ObHgations of States and poHtical

subdivisions. . . . . . . 965,060.15

Securities of Federal agencies and

~r.~~t~~~s ~~~ -~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts........................ 2,469,216.65

Bank premises, furniture and f"txtures,

and other assets representing bank

premises.... 125,376.10

Real estate owned other than bank

premises . . . . . .

None

Customers' HabiUty to this bank on

acceptances outstanding.

None

Other assets. .. 23,640.52

Total Assets...$ 6,240,612.31

LIABILITIES

Demand deposits.$ 2,324,515.26

Time and savinp deposits. . 2,233,135.32

Deposits of U.S. Government....... 27,774.30

nerv::.:.f. ~t~~~ -~~~ .P_O.Ii_t~c.a~ .s~~: 1,130,553.88

Deposits of banks. . . .

None

Certified and officers' checks, etc. . 18,537.25

Other HabiHties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding.........

None

Other HabiHties..... 70,090.79

Capital notes and debentures.

None

Preferred stock...

None

Common stock..... 250,000.00

Surplus. 50,000.00

Undivided profits....... 136,005.51

Reserves....

None

Total LiabiHtles.$ 6,240,612.31

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS AND SOUTHERN BANK OF DUBLIN Dublin (Laurens), Ga.

As called for by the Superintendent of Banks

W. S. SIMMONS, President.
Date of Charter: I0-29-1928

THERON A. JERNIGAN, Cashier.
Began Business: 11-1-1928

ASSETS

Cash, balances with other banks, and

cash items in proceBS of collection$ 1,575,120.72

United States Government oblip-

tlons, direct and guaranteed 4,797,915.39

ObHgations of States and poHtical

subdivisions. . 2,809,549.39

Securities of Federal agencies and

t?.~t~~~~. ~~~. -~t~~- -~~ 85,692.71

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

9,112.50

Loana and discounts, Including over-

drafts. . . . 11,543,878.60

Bank premises, furniture and fixtures,

and other assets representing bank

premises.. . . . 211,253.40

Real estate owned other than bank

premises. .

None

Customers' HabiUty to this bank on

acceptances outstancUng.

None

Other assets. . . 182,981.75

Total Assets.$21,215,504.46

LIABILITIES

Demand deposits....$ 6,185,158.10

Time and savinp deposits.. 10,267,370.39

Deposits of U.S. Government. . 96,603.46

nerv::.:.f. ~t~~e~. ~~~ -~~t~~ .s~~ 1,492,968.38

Deposits of banks................ 657,425.94

Certified and officers' checks, etc. 134,229.71

Other liabiHties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabiHties. . .. 1,145,971.52

Capital notes and debentures.. Preferred stock.... Common stock..... Surplus. . . . . UncUvided profits.. Reserves......

None None 300,000.00 300,000.00 339,832.84 295,944.12

Total LiabiHties...$ 21,215,504.46

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERSANDMERCHANTSBANK Dublin (Laurens), Ga.

As called for by the Superintendent of Banks

L. P. KEEN, President.
Date of Charter: 5-26-1910

WALLACE E. MILLER, Cashier.
B_egan Business: 7-6-1910

ASSETS

Cash, balances with other banks, and

cub itema 1n proceu of collection$ 1,954,670.64

United States Government obllp-

tiona, direct and JUU8Rteed 2,022,647.48

Obllptiona of States and political

aubdlvialona. . 30,147.03

Securities of Federal apncles and

~~t~~~. ~~~. -~t~~~- -~~ 3,136,144.71

Other securitlea, c:cwporate stocks and

stock 1n Federal R - Bank.

None

Loana and dlacounts, lncludln1 over-

dnfta. . . . . . . . . . . 3,248,744.22

Bank premilea, furniture and f"llltures,

and other 8llleta repreaentinJ bank

premilel. . 148,680.01

Real estate owned other than bank

premilea.

None

Customers' liability to thil bank on

Oathcecer pBtallnlectae.s.o.u.ta.t.a.n.d.ln.J...... . . . .. .

None 5,915.83

Total Aaeta$10,546,949.92

LIABILITIES

Demand depoalta$ 3,943,528.90

Time and aavlnp depoalta. 3,704,188.24

Depoalts of U.S. Government....... 364,811.55

DeJlC!I!tl of States and political sub-

dlvUiona. 1,010,298.75

Depoaits of banks. 827,912.81

Certified and officers' checks, etc. 66,433.62

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thil bank and outstand-

lnJ

None

Other liabilities.

None

Capital notes and debentures

None

Preferred stock..

None

Common stock. 250,000.00

Surplus. 100,000.00

Undivided profits. 124,583.70

Reserves....... 155,192.35

Total Liabilities...$10,546,949.92

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE MORRIS STATE BANK Dublin (Laurens), Ga.

As called for by the Superintendent of Banks

S. BARRON SMITH, President.
Date of Charter: 7-31-1958

LEWIS RICH, Cashier. Began Business 10-2-1958

ASSETS

Cash, balances with other banks, and

cub itema 1n proceu of collection.$ 1,035,469.63

United States Government obllp-

tiona, direct and JUU8Rteed 1,957,174.85

Obllptiona of States and political

aubdlvialona. 261,661.73

Securitlea of Federal apncles and

~r.~t~~. ~~~. -~t~~- -~~ !,079,450.00

O::!k~~~:.O:k~.~~

None

Loana and dlacounta, lncludln1 over-

drafts. 3,198,009.48

Bank premilea, furniture and fixtures,

and other Uleta repreaentlnJ bank

premilel. . . 68,132.67

Real estate owned other than bank

premilel. . .

None

Customers' liability to thil bank on

OathcecrepBtanlclelseotuat.a.t.a.n.d.i.n.J........ ......

None 1,921.30

LlAMLITIES

Demand deposits$ 2,354,092.37

Time and aavlnp depoalta......... 3,308,361.23

Depoalta of U.S. Government.

8,736.31

De~:..:.'. ~t~~~-~~~ -~~~~ .~~ 1,215,583.04

Depoalta of banks. 15,000.00

Certified and officers' checka, etc... 70,630.74

Other liabllltiea for borrowed money.

None

Acceptances executed by or for ac-

count of thil bank and outatand-

lnJ

None

Other liabilities 166,384.12

Capital notes and debentures Preferred stock.

None None

Common stock 200,000.00

Surplus. 150,000.00

Undivided profits 113,031.85

Reaervea

None

Total Aaaeta. .$ 7,601,819.66

Total Liabilities$ 7,601,819.66

FORTY-EIGHTH ANNUAL REPORT

61

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF DUDLEY Dudley (Laurens), Ga.

As called for by the Superintendent of Banks

MRS. GLADYS C. HOGAN, President.
Date of Charter: 10-2-1905

FRANCES J. REINHARDT, Cashier.
~egan Business: 11-1905

ASSETS

Cash, balances with other banks, and

cash items In process of collection.$ 846,508.13

United States Government obliga-

tions, direct and guaranteed 731,101.67

Obligations of States and political

subdivisions. ... 682,279.89

Securities of Federal apncies and

~r.~t~~~. ~~~. -~t~~~- -~~ 46,271.99

Other securities, corporate stocks and

stock In Federal Reserve Bank.

None

Loans and discounts, Including over-

drafts... 1,947,948.12

Bank premises, furniture and f"axtures,

and other assets representing bank

premises..

1.00

Real estate owned other than bank

premises .

1.00

Customers' Uability to this bank on

acceptances outstanding.

None

Other assets. . ..

None

Total Assets$ 4,254,111.80

LIABILITIES

Demand deposits.$ .1,336,956.97

Time and savings deposits......... 1,685,566.48

Deposits of U.S. Government....... 16,681.36

De~:,SO:.'. ~t~~~ -~~~ .P_0.11.t~c-~ .s~~ 564,645.89

Deposits of banks. . . . 68,743.88

Certified and officers' checks, etc. 18,954.92

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandIng Other Uabilities. Capital notes and debentures

None 46,168.91
None

Preferred stock... Common stock.. Surplus... Undivided profits.. Reserves...

None 150,000.00 150,000.00 148,316.16
68,077.23

Total Liabilities..$ 4,254,111.80

STATEMENT

Showing condition at the close of business December 31, 1967, of
THE BANK OF DULUTH Duluth (Gwinnett), Ga.

As called for by the Superintendent of Banks

A. DON CARROLL, PreSident.
Date of Charter: 1-22-1945

EWELL A. ARNOLD, Cashier.
Began Business: 2-17-1945

ASSETS

Cash, balances with other banks, and

cash items In process of collectionS 595,947.38

United States Government obllp-

tlons, direct and guaranteed 700,554.17

Obligations of States and po1itical

subdivisions. . 827,043.54

Securities of Federal apncies and

~~t~~~. ~~~. -~~~. -~~

None

Other securities, ~ate stocks and

stock in Federal Reserve Bank

None

Loans and dlscounta, including over-

drafts 4,142,876.03

Bank premises, furniture and fixtures,

and other assets repreaentin& bank

premiles. 97,486.95

Real estate owned other than bank

premises. 21,000.00

Customers' Uability to this bank on

acceptances outstanding.

None

Other asseta. 41,070.48

Total Assets. S 6,425,978.55

LIABILITIES

Demand deposita$ 2,091,754.03

Time and savings deposits 2,799,876.82

Deposits of U.S. Government....... 34,137.22

De~:.:.'. ~t~~~.~~~ .~~~ .~~ 805,162.10

Deposits of banks.

None

Certified and omcen checks, etc...

15.00

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina.

None

Other Uabilitles. 326,377.01

Capital notes and debentures

None

Preferred stock

None

Common stock 100,000.00

Surplus. 200,000.00

Undivided profits 68,656.37

Reserves...

None

Total Liabilities$ 6,425,978.55

62

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF EASTMAN Eastman (Dodge), Ga.

As called for by the Superintendent of Banks

JOHN F. JESSUP, President.
Date of Charter: 12-28-1918

RUSSELL S. HARRELL, Cashier.
Began Business: 1-2-1919

ASSETS

Cash, balances with other banks, and

cash itema in process of collection.$ 1,375,510.86

United States Government oblip

tiona, direct and guaranteed . 1,420,755.60

Oblip!ic;>f!S of States and political

subdtvutons. . . . . . . . . 855,270.89

Securities of Federal a1encles and

t~r.~~t~~~~ . ~~~. -~~~~t~~~. -~~ 652,200.51

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . 100,000.00

Loans and discounts, includinl over

drafts. . . . . . . . . . . . . . l,211 ,851.60

Bank premises, furniture and f"txtures,

and other assets representin1 bank

premises. . . . . . . . . . . 60,875.69

Real estate owned other than bank

premises. . . . . . . . . .

None

Customen' liability to this bank on

acceptances outstandin1. .

None

Other assets. . . . . . . . .

None

Total Assets......$ 8,676,465.15

LIABILITIES

Demand deposits$ 3,181,012.23

Time and savinp deposits 4,101,408.48

Deposits of U.S. Government. 32,812.04

De~ts of States and political sub

divisions..... 383,481.23

Deposits of banks.... 304,634.77

Certif"ted and off"tcen' checks, etc.

5,367.90

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

inl.

None

Other liabilities. ..... 177,284.25

Capital notes and debentures..

None

Preferred stock....

None

Common stock.......... 200,000.00

Surplus.. 200,000.00

Undivided prof"tts. 90,464.25

Reserves . . . . . .

None

Total Liabilities.......$ 8,676,465.1 ~

STATEMENT Showing condition at the close of business December 31, 1967, of

CITIZENS BANK & TRUST CO. Eastman (Dodge), Ga.

As called for by the Superintendent of Banks

WELMAN H. McCRANIE, President.
Date of Charter: 3-12-1949

MRS. WILMATINE McCRANIE, Cashier.
Began Business: 4-1-1949

ASSETS

Cash, balances with other banks, and

cash items in process of collection.f 680,827.10

United States Government oblip

tions, direct and guaranteed 2,014,740.76

Obliptions of States and political

subdivisions. . . . . . . . . 759,679.95

Securities of Federal apncles and

~r.~~t~~~~. ~~~. -~~~t~~~- -~~ 299,968.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, includin1 over

drafts. . . . . . . . . . . . 2,708,175.07

Bank premises, furniture and f"txtures,

and other assets representinl bank

premises..................... 22,111.15

Real estate owned other than bank

premises. . . . . . . . . . . . 32,400.00

Customers' liability to this bank on

acceptances outstandin1. .

None

Other assets. . . . . . . . .

None

Total Assets......$ 6,517,902.78

LIABILITIES

Demand deposits$ 2,853,416.15

Time and savinp depoaits. . . . 2,578,530.19

Deposits of U.S. Government. . . . 75,430.39

De(M!S!ts of States and political sub

dtvisions..... 571,126.56

Deposits of banks.

None

Certif"ted and off"tcers' checks, etc

None

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl.........

None

Other liabilities........ 14,255.24

Capital notes and debentures....

None

Preferred stock........

None

Common stock....... 150,000.00

Surplus.............. 150,000.00

Undivided prof"tts.... 125,144.25

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

None

Total Liabilities..$ 6,517,902.78

FORTY-EIGHTH ANNUAL REPORT

63

STATEMENT'

Showing condition at the close of business December 31, 1967, of

BANK OF FULTON COUNTY East Point (Fulton), Ga.

As called for by the Superintendent of Banks

W. RAY HOUSTON, President.
Date of Charter: 3-22-1934

ROBERT F. TOLAR, Cashier.
Began Business: 4-2-1934

ASSETS

Cash, balances with other banks, and

cash items In procea of coUection$ 1,955,556.90

United States Government oblip-

tions, direct and guaranteed 3,109,137.04

Obliptions of States and political

subdivisions. . . . 2,996,153.75

Securities of Federal agencies and

t~r.~~t~~~~. ~~~. -~~~t~~?. -~~ 2,424,811.87

Other securities, corporate stocks and

stock In Federal Reserve Bank.

None

Loans and discounts, lncludin& over-

drafts... 11,989,265.09

Bank premises, furniture and f'axtures,

and other assets representlna bank

premises. . . . . 238,273.47

Real estate owned other than bank

premises. 13,500.00

Customers' liability to this bank on

acceptances outstandlna.

None

Other assets.................... 233,120.19

Total Assets.$22,959,818.31

LIABILITIES

Demand deposita.$ 10,391,558.24

Time and savlnp deposita. . 6,722,441.26

Deposits of U.S. Government....... 163,905.64

Del"!sits of States and political sub-

divisions. 3,322,155.54

Deposits of banks

5,186.41

Certif'aed and off'acen' checks, etc 120,331.47

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

lna.......

None

Other liabilities 580,265.64

Capital notes and debentures...

None

Preferred stock

None

Common stock 500,000.00

Surplus. 800,000.00

Undivided prof'ats.. 353,974.11

Reserves . . . . .

None

Total Liabilities.$ 22,959,818.31

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN BANK OF EAST POINT East Point (Fulton), Ga.

As called for by the Superintendent of Banks

EUGENE E. JONES, President.
Date of Charter: 11-12-1948

RALPH N. THURMOND, Cashier.
Began Business: 11-19-1948

ASSETS

Cash, balances with other banks, and

cash items In procea of coUection$ 1,762,864.58

United States Government oblip-

tions, direct and paranteed 4,511,755.20

Obliptions of States and political

subdivisions. 2,217,099.91

Securities of Federal agencies and

t~r.~t~~~ ~~~. -~t~~~. -~~

None

Other securities, ccwporate stocks and

stock In Federal Reserve Bank

9,625.00

Loans and discounts, includlna over-

drafts. 12,777,815.61

Bank premises, furniture and fixtures,

and other assets representina bank

premiaes. 296,980.56

Real estate owned other than bank

premiaes.................... .

None

Customers' liability to this bank on

acceptances outatandlna.

None

Other assets. 146,756.33

Total Asseta. $ 21,722,897.19

LIABILITIES

Demand deposits.....$ 7,417,680.16

Time and savlnp deposita. . 10,074,840.80

Deposits of U.S. Government....... 298,411.87

De(M!S!ts of States and political sub-

divisions 705,256.83

Deposits of banks 125,831.15

Certif'aed and officers' checks, etc

30,357.24

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

ina

None

Other liabilities. 1,495,475.14

Capital notes and debentures

None

Preferred stock.

None

Common stock... 450,000.00

Surplus. Undivided prof'ata. Reserves

550,000.00 101,279.76 473,764.24

Total Liabilities.$21,722,897.19

64

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS & MERCHANTS BANK Eatonton (Putnam), Ga.

As caUed for by the Superintendent of Banks

L. 0. BENTON, JR., President.
Date of Charter: 10-30-1922

FRED J. MELTON, Cashier.
Began Business: 11-15-1922

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 67 3,332.44

United States Government oblip-

tions, direct and guaranteed . 1,288,891.14

Obliptions of States and political

subdivisions. . . 224,529.56

Securities of Federal aaencies and

t~r.~~t~~~~ ~~~. -~~~t~~. -~~

None

Ot.!':!:l~u~:~~~a~C:= :.o:k~.~~

None

Loans and discounts, lncludina over-

drafts. . . . . . . . . . . . . . 2,537,240.53

Bank premises, furniture and tlxtures,

and other assets representlna bank

premises. . . . . . . 76,470.18

Real estate owned other than bank

premises. . .

None

Customers' liability to this bank on

acceptances outstandina. . . .

None

Other assets. .

1,385.70

Total Assets..$ 4,801,849.55

LIABILITIES

Demand deposits..$.1,637,225.41 Time and savinp deposits. . 2,397,864.03 Deposits of U.S. Government. . 13,660.23
De~:..:.'. ~t~~~. ~~~ .P_O.~t~~a~ .s~~ 436,795.00

Deposits of banks. . . . . . . Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand Ina Other liabilities. . . Capital notes and debentures.. Preferred stock...... Common stock..... Surplus........ Undivided profits.... Reserves . . . . .

None 52,727.64
None None None None None 100,000.00 150,000.00 13,577.24 None

Total Liabilities....$ 4,801,849.55

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK Eatonton (Putnam), Ga.

As caUed for by the Superintendent of Banks

A. F. ADAMS, President.
Date of Charter: 3-16-1944

HOWARD L. HARRISON, Cashier.
B_eganBusiness: 5-1-1944

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 471,371.20

United States Government oblip-

tions, direct and guaranteed . 820,068.91

Obliptions of States and political

subdivisions. ..... 76,531.30

Securities of Federal aaencies and

~r.~t~~~~. ~~~. -~~t~~~- -~~ 239,996.88

Other securities, corporate stocks and

stock In Federal Reserve Bank.

None

Loans and discounts, lncludina over-

drafts........ 1,629,608.75

Bank premises, furniture and fixtures,

and other assets representlna bank

premises....... 62,120.74

Real estate owned other than bank premises. . . . . . .

None

Customers' liability to this bank on

acceptances outstandina. . Other assets. ......

None 3,065.19

Total Assets......$ 3,302,762.97

LIABILITIES

Demand deposits$ 1,053,604.89

Time and savinp deposits. . 1,510,493.15

Deposits of U.S. Government.... 23,268.94

De~ts of States and political sub

divisions...... 452,010.41

Deposits of banks...

None

Certified and officers' checks, etc

10,278.84

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

Ina

None

Other liabilities.....

31,092.13

Capital notes and debentures....

None

Preferred stock...

None

Common stock.... 100,000.00

Surplus....... 100,000.00

Undivided profits....

22,014.61

Reserves.

None

Total Liabilities.....$ 3,302,762.9?

FORTY-EIGHTH ANNUAL REPORT

65

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF EDISON Edison (Calhoun), Ga.

As caUed for by the Superintendent of Banks

C. W.LOWE, President.
Date of Charter: 9-24-1904

T.O.MANRY, Cashier. Began Business: 1904

ASSETS

Cash, balances with other banks, and

cash items in process of coUectlon$ 398,449.67

United States Government oblip-

tions, direct and guaranteed , 1,506,146.75

Obliptions of States and political

subdivisions. ... 840,457.95

Securities of Federal apncies and

t?~~t~~~~ .~~~. -~~t~~. -~~ 284,766.94

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includlns over-

drafts........... 2,045,264.48

Bank premises, furniture and f"txtures,

and other assets representing bank

premises. 36,678.81

Real estate owned other than bank

premises...

None

Customers' Uability to thia bank on

acceptances outstandins. .

None

Other assets. .

33,111.40

Total Assets.$ 5,144,876.00

LIABILITIES

Demand deposits$ ,1,693,499.70

Time and savinp deposits.. 2,199,730.92

Deposits of U.S. Government....... 15,706.38

DeJK?sits of States and political sub-

divisions...... 773,656.47

Deposits of banks.

None

Certif"ted and officers' checks, etc.. 27,794.42

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

ins..

None

Other Uabilities. .

53,177.63

Capital notes and debentures.

None

Preferred stock..

None

Common stock... 150,000.00

Surplus.. 150,000.00

Undivided prof"tts 81,310.48

Reserves

None

Total Liabilities.$ 5,144,876.00

STATEMENT Showing condition at the close of business December 31, 1967, of

GRANITE CITY BANK Elberton (Elbert), Ga.

As called for by the Superintendent of Banks

A. D. WILBURN, President.
Date of Charter: 12~3-1927

THOMPSON HOLLOMAN, Cashier.
Began Business: 1-2-1928

ASSETS

Cash, balances with other banks, and

cash Items in process of coUection$ 1,174,586.70

United States Government oblip-

tions, direct and suannteed . 1,295,398.64

Obliptions of States and poHtical subdivisions. 1,038,419.85

Securities of Federal apncies and
~r.~t~~~~. ~~~. -~t~~- -~~

50,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank

21,000.00

Loans and discounts, including overdrafts. . 5,350,493.25

Bank premises, furniture and f"txtures,

and other assets representing bank

premises. . . . 382,113.12

Real estate owned other than bank premises................... ..

9,368.32

Customers' Uability to thia bank on acceptances outstandins. .
Other assets................... .

None 70,113.62

Total Asaets , .$ 9,391,493.50

LIABILITIES

Demand deposits.$, 3,268,692.01

Time and savinp deposits. 3,941,365.87

Deposits of U.S. Government....... 168,608.20

De~ts of States and political sub-

dlviaions. , . . . 878,802.21

Deposits of banks. . 13,701.22

Certif"ted and officers' checks, etc. 11,779.14

Other Uabilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of thia bank and outstand-

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

None

Other Uabillties.... 268,868.58

Capital notes and debentures

None

Preferred stock..

None

Common stock................. . 240,000.00

Surplus....................... . 460,000.00

Undivided proms... 139,676.27

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

None

Total Liabilities...............$ 9,391,493.50

66

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF ELLAVILLE Ellaville (Schley), Ga.

As called for by the Superintendent of Banks

DR. L. S. BOYETTE, President.
Date of Charter: 9-1 0-191 0

RICHARD G. CALLAWAY, Cashier.
Began Business: 9-16-191 0

ASSETS

Cash, balances with other banks, and

cash Items In process of collection.$ . 538,658.84

United States Government oblip-

tlons, direct and paranteed . 681,887.77

Obligations of States and political

subdivisions..... 568,679.08

Securities of Federal agencies and

~r.~t~~~s. ~~~ -~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts..... 1,072,106.36

Bank premises, furniture and f"axtures,

and other assets representing bank

premises..... 18,991.10

Real estate owned other than bank

premises......

1.00

Customen' liability to this bank on

acceptances outstanding. .

None

Other assets. ...

2,430.00

Total Aasets..$ 2,888,987.63

LIABILITIES

Demand deposits.$ 1,007,423.04

Time and savlnp deposits.. 975,886.18

Deposits of U.S. Government. 14,735.97

De~~.:.f. ~t~~. ~~~ -~-~~-~~ .s~~: 488,051.45

Deposits of banks..

None

Certified and officen' checks, etc 25,526.40

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ina...

None

Other liabilities. .

None

Capital notes and debentures.

None

Preferred stock....

None

Common stock...

50,000.00

Surplus. 200,000.00

Undivided profits.. 121,131.11

Reserves..

None

Total Liabilities.$ 2,888,987.63

STATEMENT Showing condition at theclose of business December 31, 1967, of

THE BANK OF ELLUAY Ellijay (Gilmer), Ga.

As called for by the Superintendent of Banks

E. T. HUDSON, President.
Date of Charter: 5-21-1914

JAMES R. PACK, Cashier.
Began Business: 6-1-1914

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 796,758.59

United States Government oblip-

tions, direct and lllJUanteed 1,251,439.69

Obliga!i~J!S of States and political

SUbdJVISJOns.................. . . 471,302.20

Securities of Federal agencies and

~r.~t~~~~ ~~~. -~~~t.e~~~~ 1,000,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and diacounts, including over drafts....................... . 2,296,569.41

Bank premises, furniture and fixtures,

and other assets representing bank premises.........

25,000.00

Real estate owned other than bank premises.............

None

Customen' liability to this bank on acceptances outstanding. . .
Other assets. ........

None 11,433.77

Total Assets....$ 5,852,503.66

LIABILITIES

Demand deposits..$ 2,459,812.02

Time and savinp deposits. 2,432,162.47

Deposits of U.S. Government....... 40,079.38

Dep?sits of States and political sub

divisions................... .. 379,132.74

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

None

Certified and officers' checks, etc.

3,616.19

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None 49,070.31

Capital notes and debentures..

None

Preferred stock.....

None

Common stock................. . 100,000.00

Surplus....................... . 100,000.00

Undivided profits.....

8,630.55

Reserves...................... . 280,000.00

Total Liabilities...$ 5,852,503.66

FORTY-EIGHTH ANNUAL REPORT

67

STATEMENT

Showing condition at the close of business December 31, 1967, of

FAIRBURN BANKING COMPANY Fairburn (Fulton), Ga.

As called for by the Superintendent of Banks

Y. H. LONGINO, President.
Date of Charter: 9-14-}891

MRS. MURIEL B. CROSS, Cashier.
_ Began Business: 1902

ASSETS

Cash, balances with other banks, and

cash items in process of collection $ 361,784.80

United States Government obliptions, direct and guaranteed

1,308,877.so

Obliptions of States and political

subdivisions.. 223,147.18

Securities of Federal agencies and

. ~r.~~t~~~~ ~~~. -~~~t~~. -~~ 825,041.66

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, Including over-

drafts. 3,061,364.20

Bank premises, furniture and ro:tures,

and other assets representing bank

premises...

97,881.76

Real estate owned other than bank

premises...

None

Customers' liability to thia bank on

acceptances outstanding. .

None

Other assets. ..

50,047.70

Total Assets.$ 5,928,144.80

LIABILITIES

Demand deposits$ 2,834,669.78

Time and s8vings deposits. 2,025,791.90

Deposits of U.S. Government. . 40,304.89

DePC?sits of States and political sub-

divisions.

385,395.24

Deposits of banks..

8,613.22

Certified and officers' checks, etc

7,276.85

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

Ing

None

Other liabilities 114,381.66

Capital notes and debentures

None

Preferred stock.

None

Common stock.. 175,000.00

Surplus. 250,000.00

Undivided profits

5,000.00

Reserves

81,711.26

Total Liabilities.$ 5,928,144.80

STATEMENT Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK Fayetteville (Fayette), Ga.

As called for by the Superintendent of Banks

H. P. REDWINE, President.
Date of Charter: 2-16-1906

H. R. REDWINE, Cashier.
Began Business: 3-13-1906

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ . 435,816.06

United States Government oblip-

tions, direct and guaranteed 1,142,162.49

Obligations of States and political

subdivisions. . 331,525.29

Securities of Federal apncies and

~r~t~~~ ~~~. -~~t-e~~. -~~ 149,843.75

Other securities, corporate stocks and

stock In Federal Reserve Bank

None

Loans and discounts, including over-

drafts.... 2,659,073.03

Bank premises, furniture and fixtures,

and other assets representins bank

premises... 100,000.00

Real estate owned other than bank

premises....

None

Customers' liability to thia bank on

acceptances outstsndins.

None

Other assets. ..

19,859.84

LIABILITIES

Demand deposits$ 1,560,277.79

Time and savings deposits. 1,722,362.32

Deposits of U.S. Government.

24,941.47

~:.:.f. ~t~~~.~~~ -~~~~ -s~~: 900,362.74

Deposits of banks

8,842.96

Certified and officers' checks, etc

15,480.11

Other liabilities for borrowed money.

None

Acceptances exe.,uted by or for ac-

count of thia bank and outstand-

ins..

None

Other liabilities. 324,199.03

Capital notes and debentures..

None

Preferred stock...

None

Common stock... 100,000.00

Surplus.. 100,000.00

Undivided profits.

36,865.62

Reserves.

44,948.42

Total Assets...$ 4,838,280.46

Total Liabilities.$ 4,838,280.46

68

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF FINLEYSON Finleyson (Pulaski), Ga.

As called for by the Superintendent of Banks

CLARENCE FINLEYSON, President.
Date of Charter: 9-20-1910

MATTIE C. CONNER, Cashier.
Began Business: 9-20-1910

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 183,532.22

United States Government obliga-

tions, direct and guaranteed . 146,925.00

Obligations of States and political

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

None

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ . -~~~~t~~. -~~ 449,931.25

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts............... 120,310.94

Bank premises, furniture and fixtures,

and other assets representing bank

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

412.83

Real estate owned other than bank

premises..........

None

Customers' liability to thia bank on

acceptances outstanding. . . ...

None

- - - - Other assets.......

None

Total Assets.......$ 901,112.24

LIABILITIES
Demand deposits...$ Time and savinp deposits. . Deposits of U.S. Government... Dep!S!ts of States and political sub-
divisions Deposits of banks..... Certified and officers' checks, etc Other Uabilities for borrowed money. Acceptances executed by or for ac-
count of thia bank and outstandIng......................... . Other Uabilities. . ... Capital notes and debentures.. Preferred stock.... Common stock....... S u r p l u s . . . . . . . Undivided profits... Reserves.........

602,270.61 45,258.39 None 57,697.03 None 10,529.28 None
None 10,571.11
None None 25,000.00 75,000.00 25,000.00 49,785.82

Total Liabilities....$ 901,112.24

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FIRST STATE BANK OF FITZGERALD Fitzgerald (Ben Hill), Ga.

As called for by the Superintendent of Banks

B. I. ANDERSON, President.
Date of Charter: 5-24-1948

W. P. HERLOVICH, Cashier.
Be_gan Business: 7-19-1948

ASSETS

Cash, balances with other banks, and

cash items In process of collection.$ 808,736.47

United States Government obliga-

tions, direct and guaranteed .. 933,722.88

Obligations of States and political

subdivisions. ....... 23,166.40

Securities of Federal agencies and

t~r.~t~~~~. ~~~. -~~~t~~~- -~~ 1,149,899.35

Other securities, corporate stocks and

stock In Federal Reserve Bank.

None

Loans and discounts, including over-

drafts....... 2,778,773.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises...... 128,200.17

Real estate owned other than bank

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

None

Customers' Uability to thia bank on

acceptances outstanding. . ....

None

Other assets. ...........

3,060.00

LIABILITIES

Demand deposits..$ 1,958,434.33

Time and savinp deposits. . 2,638,323.48

Deposits of U.S. Government. . . 47,557.57

DeP'!sits of States and political sub-

dtvisions.................... . 449,199.99

Deposits of banks.... 183,578.32

Certified and officers' checks, etc 12,348.15

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other Uabilities.........

10,000.00

Capital notes and debentures...

None

Preferred stock....

None

Common stock..... 100,000.00 Surplus......... 350,000.00

Undivided profits....... 76,117.35

Reserves. . . . . . . . . .

None

Total Assets....$ 5,825,559.19

Total Liabilities.........$ 5,825,559.19

FORTY-EIGHTH ANNUAL REPORT

69

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Folkston (Charlton), Ga.

As called for by the Superintendent of Banks

J. H. LESTER, JR., President.
Date of Charter: 12-12-1911

CHAS. R. OUTLER, JR., Cashier.
Began Business: 1-4-1912

ASSETS

Cash, balances with other banks, and

caah items in process of collection$ 1,881,860.26

United States Government obliga

tiona, direct and guaranteed 1,354,958.56

Obligations of States and political

subdivisions. . . . . . 962,954.21

Securities of Federal agencies and

~T,>~~t~~~s.. ~~~ -~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts.......... . . . 3,823,771.00

Bank premises, furniture and f"axtures,

and other assets representing bank

premises. . . . . . . 233,853.36

Real estate owned other than bank

premises. . . . . . .

17,993.70

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . .

8,493.01

Total Assets...$ 8,283,884.10

LIABILITIES

Demand deposita$ 2,707,777.04

Time and savinp deposits. 3,642,925.68

Deposita of U.S. Government. 34,452.26

DefH!sita of States and political sub

divisions.... 984,843.46

Deposits of banks.

None

Certified and officers' checks, etc

1,430.56

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing.

None

Other liabilities. .. 281,913.13

Capital notes and debentures

None

Preferred stock.

None

Common stock. 200,000.00

Surplus....................... . 250,000.00

Undivided profits.. 180,541.97

Reserves

None

Total Liabilities.$ 8,283,884.10

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF FOREST PARK Forest Park (Clayton), Ga.

As called for by the Superintendent of Banks

PIERCE A. PEACOCK President.
Date of Charter; 5-9-:.1956

J. DONALD McLEROY, Cashier.
Began Business: 10-15-1956

ASSETS

Cash, balances with other banks, and

caah items in process of collection.$. 1,485,495.56

United States Government obliga

tiona, direct and guaranteed 1,367,649.50

Obliga!i~~s of States and political

subdiVISions. 843,668.05

Securities of Federal agencies and

~r.~t~~~ ~~~. -~~t.e~~. -~~ 1,847,150.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts...................... .. 5,193,917.02

Bank premises, furniture and fixtures,

and other assets representing bank

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

92,863.78

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. ..

None

Other assets................... .

40,845.97

Total Assets$10,871,58S..88

LIABILITIES

Demand deposits................$ 4,796,572.70

Time and savings deposita 3,369,442.78

Deposita of U.S. Government. 186,115.40

DefH!I!ta of States and political sub-

divisions................... .. 1,473,596.54

Deposits of banks

None

Certified and officers' checks, etc 128,379.94

Other liabilities for borrowed money.

None

Acceptances exe.:uted by or for ac

count of this bank and outatand

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

None

Other liabilities... 167,306.07

Capital notes and debentures.

None

Preferred stock..

None

Common stock...... 380,000.00

Surplus....................... . 310,000.00

Undivided profits.....

60,176.45

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

None

Total Liabilities.$10,871,589.88

70

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF CLAYTON COUNTY Forest Park (Clayton), Ga.

As called for by the Superintendent of Banks

CHAS. E. WELLS, President.
Date of Charter: 6-26-1964

HERMAN R. WALKER, Cashier.
Began Business: 11-21-1964

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ ~ 713,145.4!

United States Government obliga-

tions, direct and guaranteed 1,411,598.60

Obliga~i~~s of States and political

SUbdiVISIOns....... 1,350,364.31

Securities of Federal a11encies and

t~r.~~t~~~~ .~~~. -~~~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, includinll over-

drafts......... 3,451,095.34

Bank premises, furniture and f"axtures,

and other assets representinll bank

premises........... 180,231.37

Real estate owned other than bank

premises.........

None

Customers' liability to this bank on

acceptances outstandin11....

None

Other assets. . ........

28,677.24

Total Assets.........$ 7,135,112.33

LIABILITIES

Demand deposits.$ 2,604,673.50

Time and savinp deposits. . 2,285,566.57

Deposits of U.S. Government....... 38,998.68

De~~~f- ~t~~~-~~~ .P_O.~t~c-a~ .s~~ 1,205,310.26

Deposits of banks................ 125,000.00

Certified and officers' checks, etc. .

4,754.82

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstandinll. . . .

None

Other liabilities... Capital notes and debentures. Preferred stock.

347,263.82 None None

Common stock..... 200,000.00

Surplus........ 250,000.00

Undivided prof"ats. 73,544.68

Reserves.....

None

Total Liabilities...$ 7,135,112.3<

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK OF FORSYTH, GEORGIA Forsyth (Monroe), Ga.

As called for by the Superintendent of Banks

N. A. HARDIN, President.
Date of Charter: 2-17-1920

G. A. BANKS, Cashier. Began Business: 3-1-1920

ASSETS

Cash, balances with other banks, and

cash itema in process of coUection$ 714,098.17

United States Government obliga-

tions, direct and IIUBfBnteed .. 1,139,026.24

Obligations of States and political

subdivisions......... 204,337.63

Securities of Federal a11encies and

b~?.'~~t~~~~ . ~~~. -~~~t-e~~.~~ 600,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and diacounts, includin11 over-

drafts.......... 676,865.51

Bank premises, furniture and f"axtures,

and other assets representinll bank

premiaes.........

46,867.22

Real estate owned other than bank premises.........

None

Customers' liability to this bank on

acceptances outstandin11.....

None

- - - - - Other assets. ..........

None

Total Assets.......$ 3,381,194.77

LIABILITIES

Demand deposits....$, 1,289,665.89

Time and savinp deposits......... 327,820.74

Deposits of U.S. Government....... 850,938.16

De~ts of States and political sub

davisions.................... . 460,490.99

Deposits of banks..

None

Certif"aed and officers' checks, etc.

11,197.19

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstsnd-

in11......................... .

None

Other liabilities..

355.78

Capital notes and debentures.

None

Preferred stock....

None

Common stock...... 120,000.00

Surplus....................... . 130,000.00

Undivided prof"ats... 190,726.02

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

None

Total Liabilities...$ 3,381,194.77

FORTY-EIGHTH ANNUAL REPORT

71

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FARMERS B.ANK Forsyth (Monroe), Ga.

As called for by the Superintendent of Banks

R. 0. PERSONS, JR., President.
Date of Charter: 3-9-1910

C. E. MACKEY, Cashier.
Began Business: 191 0

ASSETS

Cash, balances with other banks, and

cash items In proceBB of collection .$ 313,464.79

United States Government obllp-

tions, direct and guaranteed 782,189.67

Obllptions of States and political

subdivisions. . ..

None

Securities of Federal aaencies and

t~r.~~t~~~~ . ~~~. -~~t~~. -~~ 299,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Lodaranfstsa.n.d..d.is.c.o.u.n.t.s,.i.n.c.lu.d.i.n.g.o.v.e.r-. 1,615,865.09

Bank premises, furniture and f"axtures,

and other assets representing bank

premises.

50,589.84

Real estate owned other than bank

premises..

None

Customers' liability to this bank on

acceptances outstandinJ.

None

Other assets.

9,655.84

Total Assets.$ 3,071,671.48

LIABILITIES

Demand deposits$ 1,036,772.36

Time and s&vinp deposits......... 1,425,420.75

Deposits of U.S. Government....... 158,383.14

De~ts of States and political sub-

divisions. . 157,214.48

Deposits of banks.

None

Certified and officers' checks, etc.

3,852.04

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing

None

Other liabilities.

3,500.00

Capital notes and debentures

None

Preferred stock

None

Common stock 125,000.00 Surplus 125,000.00

Undivided profits 36,528.71

Reserves

None

Total Liabilities.$ 3,071,671.48

STATEMENT Showing condition at the close of business December 31, 1967, of

MONROE COUNTY BANK Forsyth (Monroe), 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: I 0-15-1908

ASSETS

Cash, balances with other banks, and

cash items In process of collection$., 429,309.64

United States Government oblip-

tlons, direct and guaranteed 726,994.00

Obliptlons of States and political

subdivisions. . . 794,117.87

Securities of Federal aaencies and

~r.~t~~~. ~~~. -~~t~~- -~~ 853,426.57

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Lodarnsafantds.d.i.s.c.o.u.n.t.s., .in..cl.u.d.i.n.g..o.v.e.r.- 1,817,829.48

Bank premises, furniture and f"axtures,

and other assets representing bank

premises. . . . .

4,955.21

Real estate owned other than bank

premises. . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other BBBets. . . . . . .

None

Total A.:~ts.....$ 4,626,632.77

LIABILITIES

Demand deposits$ 1,653,735.31

Time and savlnp deposits 2,173,166.62

DeJ::::.:.'. Deposits of U.S. Government

19,408.82

~t~~~. ~~~ .P_O.~~~ -~~ 404,073.45

Deposits of banks. ,

None

Certified and officers' checks, etc..

19,047.53

Other liabilities for borrowed money.

None

Acceptances exe,;uted by or for ac-

count of this bank and outstand-

Ing.

None

Other liabilities.

37,090.56

Capital notes and debentures

None

Preferred stock..

None

Common stock.

2S,OOO.OO

Surplus. 125,000.00

Undivided profits.

95,110.48

Reserves.

75,000.00

Total Liabilities.$ 4,626,632.77

72

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FORT GAINES BANKING COMPANY Fort Gaines (Clay), Ga.

As called for by the Superintendent of Banks

R. H. MORRIS, President.
Date of Charter: 2-11-1937

JAS. A. BROWN, Cashier.
Began Business: 2-15-1937

ASSETS

Cub, balanc:es with other banks, and

caah items in proceu of collec:tion$ 389,742.49

United Statea Government oblip-

tiona, direct and guaranteed 1,212,745.00

Obliptiona of Statea and poHtical

au6dWisiona 261,000.00

Securitiea of Federal agenciea and

~t~~~. ~~~. ~~t~~. -~~ 471,521.72

Other aecuritiea, corporate stocks and

atock in Federal Reserve Bank.

None

Loana and discounts, including over-

drafts.. 376,165.79

Bank premises, furniture and fixtures,

and other uaeta representing bank

premilea

62,670.19

Real estate owned other than bank

premilea

None

Customers' liability to this bank on

acceptanc:ea outstanding

None

Other assets

2,247.44

Total Aaets$ 2,776,092.63 ,

LIABILITIES

Demand deposita$ 1,373,159.26

Time and savings deposits. 811,302.99

Deposits of U.S. Government. .

5,099.37

DeJM!S!ts of States and poHtical sub-

diYisiona. 264,843.19

Deposits of banks.

None

Certified and officers' checks, etc.

4,065.49

Other liabiHties for borrowed money.

None

Acceptancea executed by or for ac-

count of this bank and outstand-

ina

None

Other liabilitlea. .

4,239.71

Capital notea and debentures

None

Preferred stock..

None

Common stock.

50,000.00

Surplus... 100,000.00

Undinded profits 113,382.62

Reserves..

50,000.00

Total LlabiHtlea..$ 2,776,092.63

STATEMENT Showing condition at the close of business December 31, 1967, of
FORT OGLETHORPE STATE BANK Ft. Oglethorpe (Catoosa), Ga.

As called for by the Superintendent of Banks

DREW E. HASKINS, JR., President.
Date of Charter: 12-4-1963

W. ROYCE FRICKS, Cashier.
B~gan Business: 8-7-1964

ASSETS

Cash, balanc:es with other banks, and

caah items in proceu of collec:tion$ 707,033.11

United Statea Government oblip-

tlona, direct and auaranteed . 367,341.91

Obliptlona of Statea and political

au6dWisiona 139,930.57

Securitiea of Federal agenciea and

~~t~~~. ~~~. -~t~. -~~ 75,000.00

Other aecuritiea, corporate stocks and

stock in Federal Reaene Bank

6,229.50

Loana and discounts, including over-

drafts 1,850,541.09

Bank premilea, furniture and fixturea,

and other aaaeta representing bank

premilea. 77,636.19

Real eatate owned other than bank

premilea . .

None

CUstomers' liability to this bank on

acceptancea outstanding. .

None

Other aaaeta.

1,280.49

Total Aaeta.$ 3,224.992.86

LIAMLITIES

Demand deposits$ 864,220.46

Time and savings deposits......... 1,974,433.19

Deposits of U.S. Government....... 20,715.32

De~:.:.'. ~t~~~-~~ -~~~~ .s~~ 129,062.72

Deposits of banks.

None

Ceitifled and officers' checks, etc... 10,530.15

Other liabiHtiea for borrowed money.

None

Acceptancea executed by or for ac-

count of this bank and outstanding

None

Other liabllitiea

1,000.00

Capital notea and debenturea Preferred stock.

None None

Common stock. 150,000.00

Surplus UndMded profits. Reserves...

30,000.00 45,031.02
None

Total Llabilitlea. .$ 3,224,992.86

FORTY-EIGHTH ANNUAL REPORT

73

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF FORT VALLEY Fort Valley (Peach), Ga.

As called for by the Superintendent of Banks

ALBERT McCOWEN, JR., President.
Date of Charter: 10-11-1924

J. EDWARD TYSON, Cashier.
Began Business: I 0-1 5-1924

ASSETS

Cash, balances with other bankl, and

c:uh items In procea of collection$ 747,356.39

United States Government obllp-

tions, direct and auaranteed 1,445,773.73

Obliptions of States and political

subdhisions 1,456,958.67

Securities of Federal apncies and

t?.~t~~~~. ~~. -~t~~. -~~ 699,250.00

Other securities, c:orpMate atockl and

atock in Federal Reserve Bank

None

Loans and discounts, lncludin& over-

drafts.. 4,486,593.39

Bank premises, furniture and fixtures,

and other useta repreaentin& bank

premises 332,692.08

Real eatate owned other than bank

p r e m i s e s

1,281.08

Cuatomers' liability to thia bank on

acceptances outatandinJ. .

None

Other assets................... .

44,179.00

Total Alleta$ 9,214,084.34

LIABILITIES

Demand deposita$ J,l28,007.72

nme and asvlnp depolitl. J,030,227.60

Deposita of U.S. Government....... 71,227.09

De~:..:.'. ~t~~~-~~ -~~~~ .s~~ 1,859,341.52

Deposits of bankl.

None

Certified and officers' checkl, etc. 40,5 35.86

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

inJ......................... .

None

Other liabilities................ . 189,445.74

Capital notes and debentures

None

Preferred stock

None

Common stock 300,000.00

Surolus....................... . 400,000.00

Undivided profits............... . 195,298.81

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

None

Total Liabilities$ 9,214,084.34

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Fort Valley (Peach), Ga.

As called for by the Superintendent of Banks

C. E. MOORE, President.
Date of Charter: 12-24-1906

WM. H. HUCKABEE, Cashier.
Began Business: 1-1-1907

ASSETS

Cash, baJanc:ea with other bankl, and

c:uh items In ~of c:oUec:tion$ 669,377.57

United States Government obllp-

tions, direct and auaranteed 1,412,522.97

Obliptions of States and poHtical

subdiYilions 936,495.45

Securitiea of Federal apnciel and

~~t~~~. ~~. -~t~~- -~~ 99,999.9E

Other securitiea, corporate atocka and

stock In Federal Reserve Bant

None

Loans and discounts, lncludin& owr-

drafta. ...................... . 1,865,220.09

Bant premises, furniture and fixtures,

and other 8lleta repreaentin& bank premises................... .. 170,288.54

Real estate owned other than bank

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

32,838.97

CUatomers' liability to thia bank on

acceptances outatandinJ.

None

Other assets................... .

35,126.32

Total Alleta$ 6,221,869.87

LIABILITIES

Demand depolitl$ 2,020,391.47

nme and asvinJB deposita......... 2,715,845.90

Deposita of U.S. Government....... 30,724.19

~:..:.f.~~~~.~~-~~~-~~ 713,327.82

Deposita of banka.

None

Certified and officers' checkl, etc... 36,457.89

Other liabiHties for bcxrowed money.

None

Acceptances exe..uted by cw few ac-

count of thia bank and outatand-

i n J

None

Other liabilities................ . 128,431.96

Capital notes and debentures

None

Preferred stock................. .

None

Common stock................. . 120,000.00

Surplus. 280,000.00

Undivided profita 176,690.64

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

None

Total LiabiHtieaS 6,221,869.87

74

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF HEARD COUNTY Franklin (Heard), Ga.

As caUed for by the Superintendent of Banks

T. W. GOODSON, SR., President.
Date of Charter: I 0-14-1905

THOMAS W. GOODSON, JR., Cashier.
Began Business: I 0-18-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 376,759.21

United States Government obliga-

tions, direct and guaranteed 987,122.17

Obligations of States and political

subdivisions. ...... 122,767.55

Securities of Federal a1encies and

t~r.~~t~~~s. ~~~ ~~~~t~~ ..~~ 450,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank..

None

Loans and discounts, includin1 overdrafts............ 778,172.45

Bank premises, furniture and raxtures,

and other assets representinl bank premises.......

46,742.36

Real estate owned other than bank

premises

None

Customen' liability to this bank on

acceptances outstandinl...

None

- - - - - Other assets. . ....

None

Total Assets.......$ 2,761,563.74

LIABILITIES

Demand deposita.$ 901,577.71

Time and savinp deposits. 1,187,348.93

Deposits of U.S. Government..

13,648.86

Deposits of States and political sub

divisions 352,090.34

Deposits of banks....

None

Certified and officen' checks, etc.

3,265.03

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

inl....

None

Other liabilities. ....

306.36

Capital notes and debentures..

None

Preferred stock...

None

Common stock....

50,000.00

Surplus.. 175,000.00

Undivided prorrts. 28,326.51

Reserves . . .

50,000.00

Total Liabilities....$ 2,761,563.74.

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Gainesville (Hall), Ga.

As caned for by the Superintendent of Banks

HEYWARD C. HOSCH, President.
Date of Charter: 5-19-1913

HARRY E. MARTIN, Cashier.
Began Business: 6-1913

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,282,459.61

United States Government obliga

tions, direct and paranteed .... 1,592,622.82

Obli1ations of States and political

subdivisions. . ........... 451,755.73

Securities of Federal a1encies and

t~r.~~t~~~~ ~~~ .~~~~t.e~?..~~ 2,050,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.... 155,000.00

Loans and discounts, includin1 over

drafts................. 7,186,351.65

Bank premises, furniture and fixtures,

and other assets representinl bank

premises................ 113,883.47

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstandin1. . ....

None

Other assets..............

1,781.00

Total Assets.........$12,833,854.28

LIABILITIES

Demand deposits...$ 6,304,589.69

Time and savinp deposita. . . 4,566,832.26

Deposits of U.S. Government. . 138,847.35

De~sits of States and political sub

davisions 758,001.73

Deposits of banks....

42,011.75

Certified and officers' checks, etc

5,215.97

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

in1.......

None

Other liabilities........

76,122.33

Capital notes and debentures...

None

Preferred stock.......

None

Common stock........ 300,000.00

Surplus............. 250,000.00

Undivided profits.... 392,233.20

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

None

Total Liabilities....$ 12,833,854.28

FORTY-EIGHTH ANNUAL REPORT

75

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK. OF GIBSON Gibson (Glascock), Ga.

As called for by the Superintendent of Banks

LOUIE H. GRIFFIN, M.D., President.
Date of Charter: 11-7-1905

E. E. GRIFFIN, JR., Cashier.
Began Business: 11-27-1905

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ . 118,679.17

United States Government oblip

tiona, direct and guaranteed 783,136.92

Obligations of States and poUticaJ

subdivisions. . ... 117,506.38

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts..... 137,128.15

Bank premises, furniture and f"JXtures,

and other assets representing bank

premises...

10,500.00

Real estate owned other than bank

premises....

None

Customers' liability to this bank on

acceptances outstandina

None

Other assets. .

None

Total Asseta$ 1,166,950.62

LIABILITIES Demand deposits.$ Time and savinp deposits Deposits of U.S. Government De~sits of States and poUticaJ sub-
divisions. Deposits of banks. Certified and officers' checks, etc Other Uabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand ing. Other liabilities. . Capital notes and debentures Preferred stock. Common stock Surplus Undivided profits Reserves

621,064.02 None None
440,000.00 None
262.86 None
None None None None 25,000.00 75,000.00 5,623.74 None

Total Liabilities.$ 1,166,950.62

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK. Glennville (Tattnall), Ga.

As called for by the Superintendent of Banks

T. R. SMITH, President.
Date of Charter: 12-31-1942

MRS. MARGARET D. BACON, Cashier.
B~gan Business: 1-4-1943

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ . 266,614.37

United States Government oblip-

tions, direct and guaranteed 723,847.04

Obliptions of States and poUticaJ

subdivisions 37,000.00

Securities of Federal agencies and

t~r.~t~~~~. ~~~. -~t~~?. -~~ 350,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includina over-

drafts..... 1,248,666.86

Bank premises, furniture and fixtures,

and other assets representing bank

premises.... 15,812.27

Real estate owned other than bank

premises . . . . .

None

Customers' liability to this bank on

acceptances outstanding. ..

None

- - - - - Other assets. ....

None

Total Assets..$ 2,641,940.54

LIABILITIES

Demand deposits$ 783,717.34

Time and savinp deposits. . 1,144,049.97

Deposits of U.S. Government....... 12,409.41

Deposits of States and poUtical sub

divisions. 387,568.96

Deposita of banks.

None

Certified and officers' checks, etc.

3,584.78

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstsnd-

ina

None

Other liabilities.. 27,159.92

Capital notes and debentures.

None

Preferred stock..

None

Common stock... 60,000.00

Surplus..... 120,000.00

Undivided profits. 103,450.16

Reserves . . . . . .

None

Totsl Liabilities.$ 2,641,940.54

76

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE GLENNVILLE BANK Glennville (Tattnall), Ga.

As called for by the Superintendent of Banks

J. A. BACON, President.
Date of Charter: 1-12-1905

J. A. ROGERS, Cashier.
Began Business: 1-18-1905

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 754,190.07

United States Government obliga

tions, direct and guaranteed 653,897.78

Obligations of States and political

subdivisions.............. 311,758.96

Securities of Federal agencies and

corporations not guaranteed by

u.s................. .. . 349,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over

drafts................. 3,083,342.66

Bank premises, furniture and fixtures,

and other assets representing bank

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

30,141.29

Real estate owned other than bank

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

25,000.00

Customers' liability to this bank on

acceptances outstanding....

None

Other assets............

None

Total Assets..........$ 5,208,237.01

LIABILITIES

Demand deposits.$ 1,830,596.27

Time and savings deposits. . . 2,541,297.59

Deposits of U.S. Government.

9,562.04

Dep?&!ts of States and political sub

diVJStons............. 318,520.85

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

None

Certified and officers' checks, etc. .

35,913.93

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing.......

None

Other liabilities. . .....

33,481.80

Capital notes and debentures......

None

Preferred stock........

None

Common stock......... 100,000.00

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

Undivided profits.... 138,864.53

Reserves.......

None

Total Liabilities....$ 5,208,237.01

STATEMENT Showing condition at the close of business December 31, 1967, of

THE GORDON BANK Gordon (Wilkinson), Ga.

As called for by the Superintendent of Banks

R. F. GIBBS, President.
Date of Charter: 6-8-1946

DONALD R. GIBBS, Cashier.
Began Business: 8-1-1946

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 407,590.48

United States Government obliga

tions, direct and guaranteed .... Obliga!i~'!s of States and political
subdtVJStons. . . . . . . . . . . .

399,875.00 114,106.88

Securities of Federal agencies and
t~r.~~t~~~~ . ~~~. -~~~t.e~~. -~~ 530,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank..

None

Loans and diacounts, including over drafts.............. 1,342,056.59

Bank premises, furniture and fixtures,

and other assets representing bank premises.........

87,282.45

Real estate owned other than bank premises. . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding.....

None

- - - - - Other assets.........

None

Total Assets..........$ 2,880,911.40

LIABILITIES

Demand deposits...~ 770,934.44

Time and savings deposits. I ,386,027.24

Deposits of U.S. Government...

3,935.00

Oe!"?&!ts of States and political sub

dtvisions........ 421,127.19

Deposits of banks......

None

Certified and officers' checks, etc.

2,538.45

Other liabilities for borrowed money.

Non~

Acceptances executed by or for ac

count of this bank and outstand

ing........

None

Other liabilities..

None

Capital notes and debentures.

None

Preferred stock....

None

Common stock....... 70,000.00

Surplus........ 130,000.00

Undivided profits......... 96,349.08

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

None

Total Liabilities....$ 2,880,911.40

FORTY-EIGHTH ANNUAL REPORT

77

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK. OF GRAY Gray (Jones), Ga.

As called for by the Superintendent of Banks

THAD. G. CHILDS, President.
Date of Charter: 8-23-I909

MRS. VENTURIA A. LAZENBY, Cashier.
Began Business: 8-28-I909

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,210,257.06

United State~ Government oblip

tions, direct and guaranteed .. 386,937.50

Obligations of States and political

subdivisions................. .. 84,882.40

Securities of Federal agencies and

t~r~~t~~~s. ~~~ ~~~t~~~ .~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts........... 734,242.90

Bank premises, furniture and tlxtures,

and other assets representing bank

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

32,958.08

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.

None

Other assets. . ................. .

None

Total Assets...$ 2,549,277.94

LIABILITIES

Demand deposits...$ 1,112,321.11

Time and savings deposita. . ... 406,940.85

Deposits of U.S. Government.

2,693.05

Dep<?sits of States and political sub

divisions... 753,943.51

Deposits of banks.......

None

Certified and officers checks, etc.

5,823.51

Other liabilities for bonowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing....

None

Other liabilities.

51,186.46

Capital notes and debentures...

None

Prefened stock....

None

Common stock..... 50,000.00

Surplus....... 100,000.00

Undivided profits... 66,369.45

Reserves.....

None

Total Liabilities..$ 2,549,277.94

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF GREENSBORO Greensboro (Greene), Ga.

As called for by the Superintendent of Banks

H. D. GOODWIN, President.
Date of Charter: IO-I3-I926

L. C. MITCHELL, Cashier.
Began Business: I O-I4-I926

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 496,378.50

United States Government oblip-

tlons, direct and guaranteed . 519,571.25

Obligations of States and political

subdivisions........ 494,392.19

.. Securities of Federal agencies and
~r.~t~~~~. ~~~ ~~~.e~..~~ 619,976.57

Other securities, corporate stocks and

stock in Federal Reserve Bank...

Nonf

Loans and discounts, including over-

drafts........ 2,556,119.25

Bank premises, furniture and fixtures,

and other assets representing bank

premises.......... 117,938.79

Real estate owned other than bank

premises........ 29,052.61

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets.........

168.22

LIABILITIES

Demand deposits....$ 1,327,894.63

Time and savings deposita. . 2,655,370.99

Deposits of U.S. Government...

81,895.72

Dep<?sits of States and political sub

divisions.. 291,967.27

Deposits of banks... 50,000.00

Certified and officers checks, etc. .

47,331.82

Other liabilities for bonowed money.

None

Acceptances exe..uted by or for ac

count of this bank and outstand

ing.....

None

Other liabilities.....

1,220.00

Capital notes and debentures...

None

Prefened stock...

None

Common stock.... 100,000.00

Surplus....... 250,000.00

Undivided profits....

27,916.95

Reserves . . . . . . . .

None

Total Assets.........$ 4,833,597.38

Total Liabilities......$ 4,833,597 .3@

78

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Greensboro (Greene), Ga.

As called for by the Superintendent of Banks

J. B. DOLVIN, President.
Date of Charter: 3-9-1946

BOBBY L. VOYLES, Cashier.
B_egan Business: 4-1-1946

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 287,102.97

United States Government obliga-

tions, direct and guaranteed 436,865.00

Obligations of States and political

subdivisions. ... 149,789.13

Securities of Federal a1encies and

~r.~t~~~~ ~~~ .~~~~t~~~ ~~ 960,716.11

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includin1 over-

drafts......... 1,039,631.18

Bank premises, furniture and fixtures,

and other assets representin1 bank

premises.. 63,283.64

Real estate owned other than bank

premises. . . . . . .

Nene

Customen' liability to this bank on

acceptances outstandin1. . . .

None

Other assets......... _ _2__:_,8_9_2_.0_1

Total Assets...$ 2,940,280.04

LIABILITIES

Demand deposits$ 1,144,015.12

Time and savings deposits 1,237,096.43

Deposits of U.S. Government 20,235.03

De~:..:.f. ~t~~e~. ~~~ .~~t~c.a~ .s~~: 247,894.65

Deposits of banks....

None

Certified and officen' checks, etc

3,593.42

Other liabilities for borrowed money.

No1ae

Acceptances executed by or for ac-

count of this bank and outstand-

inl

None

Other liabilities. .

9,184.96

Capital notes and debentures

None

Preferred stock....

None

Common stock.... 75,000.00

Surplus... 87,500.00

Undivided profits 115,760.43

Reserves

None

Total Liabilities.$ 2,940,280.04

STATEMENT Showing condition at the close of business December 31, 1967, of

THE GREENVILLE BANKING COMPANY Greenville (Meriwether), Ga.

As called for by the Superintendent of Banks

R. J. ATKINSON, President.
Date of Charter: I0-24-1887

R. M. PHILLIPS, Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 510,538.90

United States Government obliga-

tions, direct and guaranteed 685,400.75

Obligations of States and political

subdivisions. .... 241,313.41

Securities of Federal a1encies and

t~r.~t~~~~ ~~~ ..~~~~t~~~~~ 380,113.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includin1 over-

drafts........ 1,027,712.31

Bank premises, furniture and fixtures,

and other assets representinl bank

premises. . . . .

9,501.51

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' liability to this bank on

acceptances outstandin1. . .

None

Other assets. . . . . .

4,103.79

--'-----

Total Assets........$ 2,858,683.67

LIABILITIES

Demand deposits.$ _ 987,462.52

Time and savings deposits. 1,084,736.70

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

18,031.12

Dep!sits of States and political sub-

davisions 503,149.05

Deposits of banks

None

Certified and officen' checks, etc

13,088.44

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

i n l . . . . . . .

None

Other liabilities.....

27,646.92

Capital notes and debentures

None

Preferred stock.

None

Common stock.......

50,000.00

Surplus............. 100,000.00

Undivided profits..... 74,568.92

Reserves....

None

Total Liabilities...$ 2,858,674.88

FORTY-EIGHTH ANNUAL REPORT

79

STATEMENT

Showing condition at the close of business December 31, 1967, of

COMMERCIAL BANK & TRUST COMPANY Griff"m (Spalding), Ga.

As called for by the Superintendent of Banks

C. T. PARKER, President.
Date of Charter: 10-11-1889

CHARLES B. WYNNE, Cashier.
Began Business: I 0-9-1890

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 3,023,591.76

United States Government obliaa

tiona, direct and guaranteed 6,576,261.97

Obliptions of States and pontical

subdivisions. 5,144,927.00

Securities of Federal aaencles and

t~T.~~t~~~~ ~~~ -~~~t::~. -~~ 1,000,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includina over

drafts... 17,888,881.90

Bank premises, furniture and f"atures,

and other assets representinJ bank

premises. 677,894.21

Real estate owned other than bank

premises.

None

Customen' liability to this bank on

acceptances outstandinJ.

None

Other assets.

None

Total Asaets$34,311,556.84

LIABILITIES

Demand deposits$10,202,659.86 Time and savinp deposits 15,766,506.07 Deposits of U.S. Government....... 352,287.87
De~:O:.f. ~t~~~-~~ -~~~c-~ .s~~ 3,259,263.17

Deposits of banks................ Certified and officen' checks, etc. Other liabinties for borrowed money. Acceptances executed by or for ac
count of this bank and outstandinJ Other liabilities. Capital notes and debentures Preferred stock Common stock. Surplus Undivided profits Reserves.

710,117.54 281,988.35
None None 1,468,353.07 None None 800,000.00 1,200,000.00 270,380.91 None

Total Liabinties$ 34,311,556.84

STATEMENT Showing condition at the close of business December 31, 1967, of

JONES COUNTY BANK Haddock (Jones), Ga.

As called for by the Superintendent of Banks

L. M. WOODCOCK, President.
Date of Charter: 7-14-1905

L. M. WOODCOCK, Cashier.
Began Business: 7-25-1905

ASSETS Cash, balances with other banks, and
cash items in process of collection$ United States Government obliaa-
tions, direct and guaranteed Obliptions of States and political
subdivisions. .. Securities of Federal qencles and
t~r.~t~~~. ~~~. -~t::~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and diacounts, includina overdrafts
Bank premises, furniture and fixtures, and other assets representinJ bank premises
Real estate owned other than bank premises
Customen' liabinty to this bank on acceptances outstandinJ. ..
Other assets.

349,867.52 149,854.92
50,563.40
None None 414,097.98
57,305.93 Nom None
4,015.58

LIABILITIES Demand deposits$ Time and savinp deposits. Deposits of U.S. Government
De&::n:.f. ~t~~~.~~~ .P_O.~~ .s~~
Deposits of banks Certified and officen' checks, etc. Other liabilities for borrowed money. Acceptances exe.,uted by or for ac-
count of this bank and outstsndinJ... Other liabilities. . Capital notes and debentures Preferred stock. Common stock. Surplus. Undivided profits Reserves

603,832.73 167,938.02
1,843.21 111,100.80
None 2,091.72
None
None None None None 25,000.00 95,000.00 18,898.85 None

Total Asaets$ 1,025,705.33

Total Liabilities.$ 1,025,705.33

80

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF HAHIRA Hahira (Lowndes), Ga.

As called for by the Superintendent of Banks

D. K. HOLLIS, JR., President.
Date of Charter: 2-12-1927

GEO. H. STALVEY, Cashier.
Began Business: 2-21-1927

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 829,464.37

United States Government obliga-

tions, direct and guaranteed 406,949.32

ObUptions of States and poUtical

subdivisions. . . . . . . . 122,263.08

Securities of Federal agencies and

t~r.~~t~~~~. ~~~. -~~~~t~~- -~~ 99,015.63

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts........................ 1,679,767.90

Bank premises, furniture and f"axtures,

and other assets representing bank

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

54,716.99

Real estate owned other than bank

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

7,100.00

Customers' Uability to this bank on

acceptances outstanding. . .

None

Other assets. . . . . . .

None

Total Assets.....$ 3,199,277.29

LIABILITIES

Demand deposits....$ .1,423,734.40

TDiempeosaitnsdosfauvi.nsg. sGdoepvoesrintsm. .ent...

. ....

1,404,320.34 5,020.00

De~:,SO:.f. ~t~~~-~~~ po-~t~c.a~ .s~~ 77,976.63

Deposits of banks. . . . . . Certif"aed and off"acers' checks, etc. . Other Uabilitles for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding..... Other Uabilities..... Capital notes and debentures..... Preferred stock... Common stock..... S u r p l u s . . . . . . . . . . Undivided pronts...... Reserves......

62,339.82 None None
None 39,369.27
None None 50,000.00 100,000.00 36,516.83 None

Total Liabilities......$ 3,199,277.29

STATEMENT

Showing condition at the close of business December 31, 1967, of

COMMERCIAL BANKING COMPANY Hahira (Lowndes), Ga.

As called for by the Superintendent of Banks

V. A. GASKINS, President.
Date of Charter: 1-29-1945

BOBBY G. WETHERINGTON, Cashier.
B_egan Business: 4-5-1945

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ..
ObUgations of States and poUtical subdivisions. . ......
Securities of Federal agencies and
t~r.~t~~~~. ~~~. -~~t~~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, including overd r a f t s. . . . . . . .
Bank premises, furniture and f"axtures, and other assets representing bank premises......
Real estate owned other than bank premises..
Customers' Uability to this bank on acceptances outstanding. .
Other assets. . ......

167,866.67 747,285.09
1,000.00
100,000.00 None
264,124.72
28,000.00 None None None

Total Assets.....$ 1,308,276.48

LIABILITIES

Demand deposits..$ . 518,961.66

Time and savings deposits. 627,962.89

Deposits of U.S. Government...

556.84

Dei'C!sits of States and poUtical sub-

divisions..... 63,501.28

Deposits of banks...

None

Certif"aed and officers' checks, etc.

2,778.28

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......

None

Other Uabilities.....

6,021.27

Capital notes and debentures..

None

Preferred stock...

None

Common stock...... 25,000.00

Surplus.......... 60,000.00

Undivided prof"ats.....

3,494.26

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

None

Total LlabUities...$ 1,308,276.48

FORTY-EIGHTH ANNUAL REPORT

81

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF HAMPTON Hampton (Henry), Ga.

As called for by the Superintendent of Banks

BENO. SIMS, President.
Date of Charter: 12-31-1965

J. W. MARTIN, Cashier.
~egan Business: 2-1-1966

ASSETS Cash, balances with other banks, and
c:ash items in proceu of collection$ United States Government oblip
tions, direct and guaranteed Oblip~i~ns of States and political
subdivisions. .. Securities of Federal apncies and
t?.~~t~~~~ .~~~. -~~t~?. -~~
Other securities, corporate atocks and stock in Federal Reserve Bank.
Loans and discounts, including over drafts....
Bank pl'emises, furniture and fixtures, and other assets repr-nting bank premises....
Real estate owned other than bank premises.......
Cuatomers' Hability to this bank on acceptances outatanding. .
Other assets. ...
Total Assets. ..$

101,025.78 154,961.42
None
48,750.00 None
538,456.33
11,941.94 None None None
855,135.47

LIABILITIES
Demand deposits..$ Time and savinp deposits Deposits of U.S. Government .- Dep<!sits of States and political sub-
divisions . . . . . . . Deposits of banks... Certified and officen' checks, etc Other Habllities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ing........ Other Habilities.......... Capital notes and debentures. Preferred stock..... Common stock..... Surplus........ Undivided profits..... Reserves.....

286,841.04 356,010.35
4,416.90
97,312.32 None
8,296.35 None
None None None None 50,000.00 30,000.00 22,258.51 None

Total Liabilities...$ 855,135.47

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK OF HAPEVILLE Hapeville (Fulton), Ga.

As called for by the Superintendent of Banks

K. E. STEARNS, President.
Date of Charter: 7-20-1945

H. N. BUCHANAN, Cashier.
Began Business: 9-4-1945

ASSETS

Cash, balances with other banks, and

c:ash items in process of collection$ 2,143,589.81

United States Government oblip

tJons, direct and guaranteed . 2,301,024.22

Obliptions of States and political

subdivisions. 2,915,472.39

Securities of Federal agencies and

~r.~~~~. ~~~. -~~t~?. -~~

None

Other securities, corporate atocks and

atock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts. 8,264,547.25

Bank premises, furniture and fixtures,

and other assets repl'-nting bank

pl'emises. 224,960.38

Real eatate owned other than bank

premises . . .

7,100.00

Cuatomers' Hability to this bank on

acceptances outstanding. . .

None

Other assets. .....

92,392.08

Total Assets..$15,949,086.13

LIABILITIES

Demand deposits.$ 5,892,486.72

Time and savinp deposits. 3,893,677.88

Deposits of U.S. Government..

79,668.64

De(K!S!ts of States and poHtical sub-

divisions... 4,304,385.36

Deposits of banks

24,642.57

Certified and officers' checks, etc

54,294.58

Other Habilities for borrowed money.

None

Acceptances exeo;uted by or for ac-

count of this bank and outstand-

ing........

None

Other Habilities....... 393,488.83

Capital notes and debentures.

None

Preferred stock......

None

Common stock........ 800,000.00

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

Undivided profits........ 306,441.55

Reserves......

None

Total Liabilities...$ 15,949,086.13

82

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF COLUMBIA COUNTY Harlem (Columbia), Ga.

As called for by the Superintendent of Banks

E. D. CLARY, JR. President.
Date of Charter: 11-29-1909

HENRY E. L. MILLER, Cashier.
Began Business: 12-13-1909

ASSETS

Cub, balances with other banks, and

cash itema in process of collection$ 354,010.73

United States Government obliga-

tions, direct and guaranteed 741,403.50

Obligations of States and poUtic:al

subdivisions. . . 128,322.48

Securities of Federal agencies and

t?~~t~~~~ . ~~~. -~~~~t~~~. -~~ 299,800.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

2,000.00

Loans and discounts, including over-

drafts........................ 1,185,354.10

Bank premises, furniture and flxturea,

and other usets representing bank

premises. . . 15,123.55

Real estate owned other than bank

premises. . .

None

Customers' liability to this bank on

acceptances outstanding.

None

Other assets.

None

Total Assets....$ 2,726,014.36

LIABILITIES
Demand deposits$ Time and llllvlnp deposits Deposits of U.S. Government
De~~sns~f. ~t~~e~. ~~~ .~.H_t~c:.a~ .s~~
Deposits of banks.. Certified and officers' checks, etc: Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding.. Other liabilities. . Capital notes and debentures. Preferred stock Common stock... Surplus Undivided profits Reserves

921,604.18 663,163.53
34,181.36 772,535.01
None 11,869.87
None
None 5,957.40
None None 50,000.00 200,000.00 66,703.01 None

Total Liabilities$ 2,726,014.36

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF HARTWELL HartweU (Hart), Ga.

As caUed 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, and

cash itema in proc:eas of collection$ 410,336.86

United States Government obliga-

tions, direct and auaranteed . 1,279,470.36

Obligations of States and polltic:al

subdivisions...... 91,873.58

Securities of Federal agencies and

t~r.~t~~~~ ~~~. -~~t~~~. -~~ 295,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts...... 1,467,012.01

Bank premises, furniture and fixtures,

and other usets representing bank premises.... .

74,551.91

Real estate owned other than bank premises........

None

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

None

- - - - - Other aasets......

4,568.00

Total Assets.$ 3,622,812.72

LIABILITIES

Demand deposits.$ 1,120,557.39

Time and savings deposits......... 1,415,027.28

Deposits of U.S. Government....... 24,995.10

De~ts of States and political sub-

dtvisions...... 693,082.64

Deposits of banks

None

Certified and officers' checks, etc:

337.54

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities. ... 46,880.41

Capital notes and debentures..

None

Preferred stock..

None

Common stock.. 150,000.00

Surplus... 100,000.00

Undivided profits...... 71,932.36

Reserves

None

Total Liabilities.$ 3,622,812.72

FORTY-EIGHTH ANNUAL REPORT

83

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANKING COMPANY OF HARTWELL, GEORGIA Hartwell (Hart), 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, and

cash items in proce11 of collection$ 1,382,401.48

United States Government oblip

tions, direct and guaranteed 1,382,627.80

Obligations of States and political

subdivisions. 989,512.30

Securities of Federal agencies and
. ~r.~~t~~~~ ~~~. -~~t~~. -~~ 870,034.30

OtJ'C::'b:~~:.-arn=: :,::::k~.~~

None

Loans and discounts, including over-

drafts. . . 4,009,708.00

Bank premises, furniture and f"axtures,

and other a11ets representing bank

premises.. . . 100,000.00

Real estate owned other than bank

premises. . . .

None

Customers' liability to this bank on

acceptances outstanding.

None

Other aasets. . .

None

Total Aasets...$ 8,734,283.88

LIABILITIES

Demand deposits$ 3,325,606.18

Time and savings deposits. 3,897,160.08

Deposits of U.S. Government. 121,095.03

Del"!sits of States and political sub-

divisions 699,251.35

Deposits of banks.

None

Certified and officers' checks, etc 28,329.49

Other liabUities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g . .

None

Other liabilities. . .

None

Capital notes and debentures

None

Preferred stock

None

Common stock 200,000.00

Surplua. 100,000.00

Undivided profits. 100,000.00

Reserves 262,841.75

Total Liabilities.$ 8,734,283.88

STATEMENT

Showing condition at the close of business December 31, 1967, of

PLANTERS BANK Hawkinsville (Pulaski), 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: 3-1 ~9Q

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 545,176.57

United States Government oblip-

tions, direct and guaranteed 2,315,523.43

Obliptions of States and political

subdivisions. 1,019,329.08

Securities of Federal agencies and

tT~t~~~~ ~~~. -~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts. 2,429,033.14

Bank premises, furniture and fixtures,

and other a~~ets representing bank

premises. . . 72,374.21

Real estate owned other than bank

premises. .

None

C:'c'!;':~~!:f!l;.~~~ ~~~ .~~

None

Other aasets. .

1,034.21

Total Aasets .$ 6,382,470.64

LIABILITIES

Demand deposits.$ 2,665,274.08

nme and savings deposits. 2,797,302.32

Deposits of U.S. GoVernment. .

6,259.03

De~:..:.'. ~t~~~.~~~ -~~~~ .s~~ 342,004.38

Deposits of banks. .

None

Certified and officers' checks, etc. 26,875.28

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

ing

None

Other liabilities. .

10,000.00

Capital notes and debentures Preferred stock. Common stock. S u r p l u a Undivided profits. Reserves..

None None 100,000.00
100,000.00 25,000.00
309,755.55

Total Liabilities$ 6,382,470.64

84

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PULASKI BANKING COMPANY Hawkinsville (Pulaski), Ga.

As called for by the Superintendent of Banks

R. D. BUCHAN, President.
Date of Charter: 7-20-1949

STERLIN CARR, Cashier.
Began Business: 8-27-1949

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 658,512.50

United States Government oblip-

tions, direct and guaranteed . 805,198.95

Obligations of States and political

subdivisions............. 77,582.48

Securities of Federal agencies and

t~SJ:o~~t~~~~. ~~~. -~~~~t~~~. -~~ 454,060.25

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts................. 2,087,836.40

Bank premises, furniture and fixtures,

and other asaets representing bank

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

63,256.37

Real estate owned other than bank

premises.........

23,000.00

Customers' liability to this bank on

acceptances outstanding......

None

Other asaets............

None

Total Assets..$ 4,169,446.95

LIABILITIES

Demand deposits...$ 1,746,353.28

Time and savings deposits... 1,744,750.98

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

None

Dep!sits of States and political sub-

divisions........ 401,862.99

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

None

Certified and officers' checks, etc

14,125.08

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing.

None

Other liabilities. ......

21,854.62

Capital notes and debentures.....

None

Preferred stock......

None

Common stock........ 100,000.00

Surplus.... 100,000.00

Undivided profits......

40,500.00

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

None

Total Liabilities......$ 4,169,446.95

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF HAZLEHURST Hazlehurst (Jeff Davis), Ga.

As called for by the Superintendent of Banks

JOHN ROGERS, President.
Date of Charter: 10-19-1906

MRS. MARY WALKER, Cashier.
Began Business: 10-1906

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 842,930.25

United States Government oblip-

tions, direct and guaranteed . . . . 1,620,910.11

Obliga~i~~s of States and political

subdiVISIOnS. . ............ 12,000.00

Securities of Federal agencies and

ITr.~t~~~~. ~~~. -~~~t.e~~- -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts........................ 1,314,272.19

Bank premises, furniture and fixtures,

and other asaets representing bank

premises.......

2.00

Real estate owned other than bank

premises........

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . .............

11,593.34

Total Assets.....$ 3,801,707.8~

LIABILITIES

Demand deposits....$ 2,592,592.03

Time and savings deposits.. 326,468.26

Deposits of U.S. Government..

17,084.12

Dep!sits of States and political sub-

davisions......... 309,406.03

Deposits of banks..

None

Certified and officers' checks, etc

42,671.12

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.....

53,736.81

Capital notes and debentures..

None

Preferred stock......

None

Common stock....... 100,000.00

Surplus........ 150,000.00

Undivided profits.... 159,749.52

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

50,000.00

Total Liabilities......$ 3,801,707.89

FORTY-EIGHTH ANNUAL REPORT

85

STATEMENT

Showing condition at the close of business December 31, 1967, of

JEFF DAVIS BANK Hazlehurst (Jeff Davis), Ga.

As called for by the Superintendent of Banks

J. 0. WOOTEN, President.
Date of Charter: 7-12-1962

J. N. BOGGS, Cashier. Began Business: 12-1-1962

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 390,339.36

United States Government obliga

tions, direct and guaranteed . . 1,111,959.70

Obligations of States and political

subdivisions................... 161,765.11

Securities of Federal asencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee.d. . .b.y. 550,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includins over

drafts........................ 1,610,021.38

Bank premises, furniture and f"lxtures,

and other assets representins bank

premises. . . . . . 20,321.10

Real estate owned other than bank

premises. . . . . . .

None

Customers' liability to this bank on

acceptances outstandinl. . .

None

Other assets. . . . . .

1,219.11

Total Assets....$ 3,845,625.76

LIABILITIES

Demand deposits.$ 1,484,684.82

Time and savinp deposits. 1,613,431.28

Deposits of U.S. Government. . . 44,563.52

Dep?sits of States and political sub

divisions..... 290,051.98

Deposits of banks...

None

Certif"led and off"lcers' checks, etc. 12,082.88

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ins..

None

Other liabilities 48,323.21

Capital notes and debentures.

None

Preferred stock..

None

Common stock... 100,000.00

SurJ)]us. 100,000.00

Undivided prof"lts... 100,400.22

Reserves 52,087.85

Total Liabilities..$ 3,845,625.76

STATEMENT Showing condition at the close of business December 31, 1967, of

THE BANK OF HIAWASSEE Hiawassee (Towns), Ga.

As called for by the Superintendent of Banks

H. D. PARIS, President.
Date of Charter: 6-14-1909

ELOIS D. ANDERSON, Cashier.
Began Business: 7-21-1909

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 521,035.24

United States Government obliga

tions, direct and guaranteed . 900,064.00

Obliga!i~'!s of States and political

subdiVISions. .... 178,934.37

Securities of Federal asencies and

t~r~t~~~~ ~~~ ..~~t.e~~~~ 75,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includins over

drafts.......... 1,695,968.36

Bank premises, furniture and f"lxtures,

and other assets representins bank

premises......... 25,399.19

Real estate owned other than bank

premises.......

None

Customers' liability to this bank on

acceptances outstandi01. . ....

None

Other assets. .....

None

Total Assets......$ 3,396,401.16

LIABILITIES

Demand deposits...$ 1,509,662.89

Time and savinp deposits. 1,329,260.51

Deposits of U.S. Government

1,952.31

~rv:i:O:.f. ~t~~e~.~~~ .~~t~c.~ .s~~ 173,916.59

Deposits of banks.

None

Certif"led and officers' checks, etc. 11,978.11

Other liabilities for borrowed money.

None

Acceptances exe.,uted by or for ac

count of this bank and outstsnd

ins..

None

Other liabilities.... 29,861.75

Capital notes and debentures.

None

Preferred stock...

None

Common stock...... 50,000.00

Surplus....... 50,000.00

Undivided prof"lts..... 239,769.00

Reserves . . . . . . . . .

None

Total Liabilities..$ 3,396,401.16

86

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE HINESVILLE BANK Hinesville (Liberty), Ga.

As called for by the Superintendent of Banks

D. F. MARTIN, JR., President.
Date of Charter: 9-4-1911

JAS. M. FLOYD, Cashier.
Began Business: 11-15-1911

ASSETS

Cash, balances with other banks, and

cash items in process of collection .$ 701,868.31

United States Government obliga-

tions, direct and guaranteed . 1,280,120.06

Obligations of States and political

subdivisions................... 761,305.16

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~~t~~. -~~ 350,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts. . . . . 2,196,226.97

Bank premises, furniture and f"axtures,

and other assets representing bank

premises. . . . 31,845 .00

Real estate owned other than bank

premises. . . . . . . .

32 9.00

Customers liability to this bank on

acceptances outstanding. .

None

Other assets.. . . . . . 12,891.59

Total Assets...$ 5,334,586.09

LIABILITIES

Demand deposits$ 2,472,614.29

Time and savings deposits. 1,427,881.15

Deposits of U.S. Government....... 281,307.44

DefH?sits of States and political sub-

divisions.. 622,770.36

Deposits of banks.

None

Certified and officers' checks, etc 14,745.92

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other liabilities...

None

Capital notes and debentures.

None

Preferred stock..

None

Common stock 150,000.00

Surplus. 150,000.00

Undivided profits... 117,126.32

Reserves. 98,140.61

Total Liabilities..$ 5,334,586.09

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Hogansville (Troup), Ga.

As called for by the Superintendent of Banks

JOHN R. HINES, President.
Date of Charter: 11-30-1961

W. P. ARNOLD, Cashier.
Began Business: 12-11-1961

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 346,552.94

United States Government obliga-

tions, direct and guaranteed 647,767.00

Obliga~i~~s of States and political

subdiVISIOns...... 28,310.57

Securities of Federal agencies and

t~r.~~t~~~ . ~~~. -~~t~~~. -~~ 174,562.50

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts..... 1,126,991.06

Bank premises, furniture and fixtures,

and other assets representing bank

premises....

27,142.78

Real estate owned other than bank

premises...

5,000.00

Customers' liability to this bank on

acceptances outstanding. . ...

None

- - - - - Other assets...

None

Total Assets....$ 2,356,326.85

LIABILITIES

Demand deposits$ 1,140,200.71

Time and savings deposits. 512,550.73

Deposits of U.S. Government....... 16,438.51

DefH?S!ts of States and political sub-

divisions..... 355,821.26

Deposits of banks

None

Certified and officers' checks, etc. 12,298.61

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g. . .

None

Other liabilities. ... 96,939.17

Capital notes and debentures

None

Preferred stock.

None

Common stock... 120,000.00

Surplus... 42,000.00

Undivided profits.. 60,077.86

Reserves...

None

Total Liabilities...$ 2,356,326.85

FORTY-EIGHTH ANNUAL REPORT

87

STATEMENT

Showing condition at the close of business December 31, 1967, of
EMPIRE BANKING COMPANY Homerville (Clinch), Ga.

As called for by the Superintendent of Banks

W. K. PEAGLER, President.
Date of Charter: 3-1-1945

MARGARET T. LEE, Cashier.
Began Business: 6-1-1945

ASSETS

Cash, balances with other banks, and cash items in process of collection$ . 602,684.91

United States Government obliga

tions, direct and guaranteed 1,137,710.81

Obliptions of States and political

subdivisions. 107,923.63

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~~t~~. -~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank. 199,750.00

Loans and discounts, including overdrafts. 1,312,181.47

Bank premises, furniture and fixtures,

and other assets representing bank premises..

47,225.89

Real estate owned other than bank premises.....

None

Customers' liability to this bank on acceptances outstanding.

None

- - - - Other assets. ..

None

Total Assets$ 3,407,476.71

LIABILITIES

Demand deposits$ 1,413,328.19

Time and savlnp deposits......... 1,061,435.65

Deposits of U.S. Government. 13,418.86

De&::~~f- ~t~~~.~~~ -~~~~ .s~~ 598,570.57

Deposits of banks.

None

Certified and officers' checks, etc. 30,736.22

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thla bank and outstand-

ina

None

Other liabilities. 64,520.33

Capital notes and debentures

None

Preferred stock

None

Common stock 100,000.00

Surplua 125,000.00

Undivided profits.

466.89

Reserves

None

Total Liabilities$ 3,407,476.71

STATEMENT

Showing condition at the close of business December 31, 1967, of
WILKINSON COUNTY BANK Irwinton (Wilkinson), Ga.

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, and cash items in proceas of collection$
United States Government obligations, direct and guaranteed
Obliptions of States and political subdivisions.
Securities of Federal agencies and
t~r.~t~~~. ~~~. -~t~~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, Including overdrafts. . . . .
Bank premises, furniture and fixtures, and other assets representing bank premises.
Real estate owned other than bank premises.
Customers' liability to this bank on acceptances outstandina. . . . .
Other assets. . . .

556,760.14 527,384.97 182,670.54
633,765.63 None
926,133.39
21,433.59 None None None

Total Assets$ 2,848,148.26

LIABILITIES

Demand deposita$ 999,465.89

Time and savinp deposits......... 1,082,749.38

Deposits of U.S. Government.

9,253.97

ne~:O:.f. ~t~~~-~~ -~~~ .~~ 515,574.44

Deposits of banks.

None

Certified and officers' checks, etc.

7,271.22

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

Ing

None

Other liabilities. 25,581.16

Capital notes and debentures

None

Preferred stock

None.

Common stock. 50,000.00

Surplua 100,000.00

Undivided profits. 58,252.20

Reserves

None

Total Liabilities$ 2,848,148.26

88

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

MciNTOSH STATE BANK Jackson (Butts), Ga.

As called for by the Superintendent of Banks

HENRY L. ASBURY, President.
Date of Charter: 2-14-1964

G. ALTON COLWELL, Cashier.
Began Business: 9-18-1964

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 358,980.51

United States Government oblip-

tlons, direct and guaranteed . 722,898.44

Oblip~ic;>'!s of States and political

subdiVJStons. . ......

None

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~~t~~~ -~~

0

0

0

294,893.76

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts........... 1,680,391.00

Bank premises, furniture and fixtures,

and other assets representing bank

premises........... 93,305.18

Real estate owned other than bank

premises........

None

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets....... 20,155.06

Total Assets..$ 3,170,623.95

LIABILITIES

Demand deposits..$ 930,322.91

Time and savinp deposits. 1,498,95 3.89

Deposits of U.S. Government.. 55,038.69

De~:..:.f. ~t~~~. ~~~ _P_O_~t~c-a~ -~~: 311,370.60

Deposits of banks....

None

Certified and officers' checks, etc.

2,942.05

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing 0 0 0 0 0 0 0 0 0 0 0 0 . 0. 0 0. 0 0 0 0 0 0

None

Other liabilities..... 150,783.40

Capital notes and debentures...

None

Preferred stock...

None

Common stock...... 150,000.00

Surplus.... 50,000.00

Undivided profits.... 21,212.41

Reserves . . . . . .

None

Total Liabilities....$ 3,170,623.95

STATEMENT Showing condition at the close of business December 31, 1967, of

JASPER BANKING COMPANY Jasper (Pickens), Ga.

As called for by the Superintendent of Banks

MARK H. MOORE, President.
Date of Charter: 1-17-1945

JAY L. HARRISON, Cashier.
Began Business: 3-12-1945

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ , 580,336.47

United States Government oblip-

tions, direct and guaranteed . 1,629,441.37

Oblip~ic;>'!l of States and political

subdiVJSIORS. ... 119,761.93

Securities of Federal agencies and

t?.~t~~~~ ~~~ -~~t~~?. -~~

0

0

824,775.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts. . . . . . . . . 2,1 53,377.33

Bank premises, furniture and fixtures,

and other assets representing bank

premises....... 87,709.19

Real estate owned other than bank

premises......

None

Customers' liability to this bank on

acceptances outstanding. ..

None

Other assets. ....

3,786.17

Total Assets...$ 5,399,187.46

LIABILITIES

Demand deposits...$ 2,238,757.06

Time and savinp deposits. . 2,190,963.05

Deposits of U.S. Government....... 50,392.71

~~:..:.f. ~t~~e~ -~~~ .P_O.~~~ .~~: 410,819.73

Deposits of banks. .

9,110.00

Certified and officers' checks, etc.

None

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......

None

Other liabilities.... 14,705.57

Capital notes and debentures.

None

Preferred stock.

None

Common stock... 100,000.00

Surplus...... 200,000.00

Undivided profits...... 184,439.34

Reserves . . . . . . . . . .

None

Total Liabilities...$ 5,399,187.46

FORTY-EIGHTH ANNUAL REPORT

89

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF JONESBORO Jonesboro (Clayton), Ga.

As called for by the Superintendent of Banks

C. S. CONKLIN, President.
Date of Charter: I0-6-1903

C. S. CONKLIN, II, Cashier.
Began Business: 11-7-1903

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 978,979.97

United States Government oblip

tions, direct and guaranteed 1,371,346.25

Obliptions of States and poUtical

subdivisions. .. 1,369,576.67

Securities of Federal apncies and

~r.~t~~~~ . ~~~ ~~t~~ ~~ 999,800.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over

drafts.. 3,133,736.14

Bank premises, furniture and f"Jxtures,

and other assets representing bank

premises.... 137,670.14

Real estate owned other than bank

premises.....

None

Customers' UablUty to this bank on

acceptances outstanding

None

Other assets. 10,927.81

Total Assets$ 8,002,036.98

LIABILITIES

Demand deposits.$ 2,312,927.66

Time and savinp deposits 2,000,664.31

Deposits of U.S. Government 62,460.62

De~!~'. ~t~~~.~~ .~.u.t~~ .s~~: 2,803,731.65

Deposits of banks

None

Certlned and officers' checks, etc

6,862.66

Other UablUties for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing...

None

Other UabiUties. .. 134,511.85

Capital notes and debentures

None

Preferred stock.

None

Common stock. 250,000.00

Surplus 300,000.00

Undivided prof"Jts 88,421.97

Reserves. 42,456.26

Total LiablUties$ 8,002,036.98

STATEMENT

Showing condition at the close of business December 31, 1967, of

STATE BANK OF KINGSLAND Kingsland (Camden), Ga.

As called for by the Superintendent of Banks

EDMUND GROSS, President.
Date of Charter: 11-26-1912

PAULK TILLER, Cashier.
Began Business: 12-1912

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 367,178.38

United States Government oblip

tions, direct and guaranteed 1,002,751.00

ObUptlons of States and poUtical

subdivisions. ...

None

Securities of Federal agencies and

~r.~t~~~. ~~~ ~~t~~?~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and discounts, including over drafts. 1,703,821.57

Bank premises, furniture and nxtures,

and other assets representing bank premises . . . . .

24,182.82

Real estate owned other than bank premises...

None

Customers' UabiUty to this bank on acceptances outstanding.
Other assets. .

None None

LIABILITIES

Demand deposits$ 561,102.46

Time and savinp deposits 1,918,123.19

Deposits of U.S. Government

3,793.03

De~:.:.'. ~t~~~.~~~ .~~~~ .s~~: 226,431.18

Deposits of banks 63,779.22

Certlr.ed and officers' checks, etc.

7,370.96

Other UabiUties for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand

ing..

None

Other UabiUties

None

Capital notes and debentures

None

Preferred stock.

None

Common stock.. 100,000.00

Surplus....................... . 100,000.00

Undivided prof"Jts............... . 100,000.00

Reserves...................... . 17,333.73

Total Assets$ 3,097,933.77

Total LiablUtles..$ 3,097,933.73

90

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF LAFAYETTE, GEORGIA LaFayette (Walker), Ga.

As called for by the Superintendent of Banks

B. D. GILBERT, President.
Date of Charter: 11-13-1889

W.L. BAKER, Cashier. Began Business: 1899

ASSETS

Cash, balances with other banks, and

cash items In process of coDection.$. 1,514,236.69

United States Government obliga-

tions, direct and guaranteed 2,580,539.62

Obligations of States and political

subdivisions................... 1,678,781.96

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~t~?. -~~

None

Other securities, corporate stocks and stock In Federal Reserve Bank

None

Loans and diacounta, Including overdrafts............. . . 4,734,936.35

Bank premlaea, furniture and f"u:tures,

and other aaaets representing bank premlaea. 165,729.54

Real estate owned other than bank

premlaea 0 0 0 0 0 0

None

Cuatomen' Habllity to this bank on

acceptances outstanding.

None

- - - - - Other aaaeta. . .

163.40

Total Aaaeta.$10,674,387.56

LIABILITIES

Demand deposits$ 4,304,502.59

Time and savings deposita. . 3,392,444.44

Deposita of U.S. Government....... 115,750.05

DeJ!C?~ts of States and political sub-

divisions. . . . 1,589,115.71

Deposita of banks.

None

Certified and officers' checks, etc. 89,608.25

Other Habllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 . 0 0 Other Habllities..

None 178,428.62

Capital notes and debentures..

None

Preferred stock.

None

Common stock... 250,000.00

Surplus 500,000.00

Undivided profits. 254,537.90

Reserves

None

Total Liabilities$10,674,387.56

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN BANK OF LAGRANGE LaGrange (Troup), 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, and

cash items In process of coUection$ 1,269,122.26

United States Government obliga-

tions, direct and auaranteed . 5,530,536.43

Obligations of States and political

subdivisions. . . . 3,395,943.19

Securities of Federal agencies and

t~~~~t~~~~. ~~~. -~~t.e~~- -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 12,150.00

Loans and discounts, including over-

drafts....... 14,713,164.01

Bank premiaea, furniture and fixtures,

and other aaaets representing bank

premlaea........ 117,795.35

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' Habllity to this bank on

acceptances outstanding. . .

None

Other aaaets...... 109,335.05

Total Assets...$25,148,046.29

LIABILITIES

Demand deposits.$ 8,022,848.90

Time and savings deposita 11,685,912.92

Deposits of U.S. Government....... 173,987.81

De~:r:.f. ~t~~~-~~~ -~~t~~ .~~: 1,316,286.43

Deposita of banks. . 27,500.00

Certified and officers' checks, etc. . 33,695.38

Other Habllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other Habllities..... 1,965,295.18

Capital notes and debentures.

None

Preferred stock.....

None

Common stock..... 500,000.00

Surplus.... 500,000.00

Undivided profits... 80,503.63

Reserves....... 842,016.04

Total Liabilities..$25,148,046.29

FORTY-EIGHTH ANNUAL REPORT

91

STATEMENT

Showing condition at the close of business December 31, 1967, of

LAGRANGE BANKING .COMPANY LaGrange (Troup), Ga.

As called for by the Superintendent of Banks

A. E. MALLORY, JR., President.
.Date of Charter: 7-8-1941

PAULL. GRAY, Cashier .
Began Business: 9-15-1941

ASSETS

Cub, balances with other banks, and

cash items in proceas of coUection$ 1,555,081.78

United States Government oblip-

tlons,direct and guaranteed 541,935.40

ObUptions of States and political

subdivisions................... 1,117,767.78

. .. Securities of Federal agencies and
~r.~~~~~ ~~~ ~~t~~~~

None

Other securities, corporate stocks and stock In Federal Reserve Bank

None

Loans and discounts, Including over-

drafts. 4,008,687.11

Bank premlsea, furniture and fixtures,

and other -ts representing bank

premlsea. 126,036.35

Real estate owned other than bank premlsea

None

Customers' UabiUty to this bank on

- - - - - Oathcecrep-tau nce.s.o.u.t.st.a.n.d.in.g.... .......

None None

Total Assets$ 7,349,508.42

LIABILITIES

Demand deposita$ 3,057,977.70

Time and savlnp deposita. 2,373,220.61

Deposita of U.S. Government....... 13,565.37

De~~';:.'. ~t~~~.~~ .~~t~~ .s~~ 822,875.33

Depolita of banks. 10,000.00

Certified and officers' checks, etc.

None

Other UabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other UabiUtles................ . 358,368.62

Capital notes and debentures

None

Preferred stock................. .

None

Common stock................. . 100,000.00

~ed' protiia::::::::::::::::

200,000.00 316,831.45

Reserves...................... . 96,669.34

Total LlabiUties...............$ 7,349,508.42

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES BANK OF LAGRANGE LaGrange (Troup), Ga.
As called for by the Superintendent of Banks

B.D. BRAY, President.
Date of Charter: 9-22-1965

J. RICHARD THOMPSON, Cashier.
Began Business: 4-11-1966

ASSETS

Cub, balances with other banks, and cash Items in procea of collection$ 942,258.98

United States Government oblip-

tlons, direct and auaranteed 685,740.59

Obliptlons of States and poUtlcal

aubclivislons. 140,788.92

Securit1ea of Federal agencies and
~~t~~. ~~~ ~~~~~ 265,000.00

0:::0~~:,::..~ ::Ck~. ~~

None

Loans and dlscounta, Including overdrafts. 3,998,346.65

Bank premlsea, furniture and fixturea,

and other assets representing bank

premlsea. 252,232.30

Real estate owned other than bank

premlsea. .. .. .. .. .. .. .. ..

None

C==~Ua!':.!~~ ~~ .~~

None

Other useta. . . . . . 22,154.12

Total Aaeta$ 6,306,521.56

LIABILITIES

Demand deposita. $ 1,737,263.24

Time and savinp deposita. 2,953,786.27

nee::::.:.'. Depolita of U.S. Goftmment. 40,162.82 ~t~~~.~~ .~~~~ .s~~ 632,099.51

Deposita of banks.

None

Certified and omcera checks, etc. 10,156.96

Other UabiUties for borrowed money.

None

Acceptances exeo:uted by or for ac-

count of this bank and outstand-

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

None

Other UabiUties 338,717.33

Capital notes and debentures

None

Preferred stock................. .

None

Common stock 250,000.00

Surplus....................... . 150,000.00

Undivided profits............... . 169,349.58

Reserves...................... . 24,985.85

Total LlabiUtiea.............. .$ 6,306,521.56

92

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK Lakeland (Lanier), Ga.

As called for by the Superintendent of Banks

W. A. ROQUEMORE, President.
Date of Charter: 4-18-1907

A. T. FLOWERS, Cashier.
Began Business: 1907

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 684,404.52

United States Government obliga-

tions, direct and guaranteed . 1,270,128.75

Obliga~i~J!S of States and political

subdiVISions............... 60,604.15

Securities of Federal agencies and

t~r.~~t~~~~. ~~~. -~~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts............... 966,340.89

Bank ptemises, furniture and fixtures.

and other assets representing bank

premises......... 23,882.66

Real estate owned other than bank

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

None

Customers' liability to thia bank on

acceptances outstanding....

None

Other assets. . ................

4,027.68

Total Assets...$ 3,009,388.65

LIABILITIES

Demand deposits.$ 1,167,507.96

Time and savings deposits. 1,107,262.41

Deposits of U.S. Government. 13,538.43

DeJM?s!ts of States and political sub-

divisions. . . . . . . . . . 327,035.46

Deposits of banks. . . . .

None

Certified and officers' checks, etc. . . 31,295.63

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

ing...

None

Other liabilities. .. 131,835.76

Capital notes and debentures.

None

Preferred stock.

None

Common stock........ 50,000.00

Surplus.. 100,000.00

Undivided profits. 30,913.00

Reserves 50,000.00

Totsl Liabilities$ 3,009,388.65

STATEMENT Showing condition at the close of business December 31, 1967, of

NORTHEAST GEORGIA BANK Lavonia (Franklin), Ga.

As called for by the Superintendent of Banks

W. N. HARRISON, President.
Date of Charter: 9-20-1940

W. N. HARRISON, Cashier.
Began Business: 9-23-1940

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 760,338.48

United States Government obliga-

tions, direct and guaranteed . 1,776,480.95

Obliga~i~l!' of States and political subdiVISions. . ........

None

Securities of Federal agencies and
t~r.~~t~~~~. ~~~. -~~~~t~~~- -~~

19,642.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts.......... 981,055.27

Bank premises, furniture and fixtures,

and other assets representing bank

premises....... 20,565.35

Real estate owned other than bank premises. . . . . . . . .

None

Customers' liability to thia bank on

acceptances outstanding. . . ....

None

- - - - Other assets. ......

None

Total Assets......$ 3,558,082.05

LIAMLITIES

Demand deposits$ 1,806,042.03

Time and savings deposits 1,117,862.95

Deposits of U.S. Government...

26,119.15

Dep!sits of States and political sub-

divisions 287,551.75

Deposits of banks

None

Certified and officers' checks, etc

1,947.82

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....

None

Other liabilities.........

2,021.01

Capitsl notes and debentures

None

Preferred stock... Common stock.......... S u r p l u s . . . . . . . .

None 100,000.00 150,000.00

Undivided profits.....

66,537.34

Reserves . . . . . . . . . .

None

Total Liabilities...$ 3,558,082.05

FORTY-EIGHTH ANNUAL REPORT

93

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BRAND BANKING COMPANY Lawrenceville (Gwinnett), Ga.

As called for by the Superintendent of Banks

BARTOW MORGAN, III, President.
Date of Charter: 6-2-1905

MRS. ELIZABETH L. PURCELL, Cashier.
Began Business: 7-17-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 793,036.89

United States Government oblip-

tions, direct and guaranteed 2,331,046.10

Obliptions of States and political

subdivisions. 1,916,722.86

Securities of Federal qencies and

t~r.~~t~~~~. ~~~. -~~~t~~- -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 12,000.00

Loans and discounts, includina over-

drafts........................ 4,349,077.79

Bank premises, furniture and f"u:tures,

and other assets representina bank

premises. . 141,932.05

Real estate owned other than bank

premises. . . .

None

Customers' liability to this bank on

acceptances outstandina.

None

Other assets.

None

Total Assets$ 9.643,815.69

LIABILITIES

Demand deposits$ 3,067,997.94

Time and sBvlnp deposits. 4,884,589.18

Deposits of U.S. Government....... 28,841.06

DeJK!&!ts of States and political sub-

dlvisiona. . 744,823.93

Deposits of banks.

3,500.00

Certified and officers' checks, etc. 46,460.63

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

inl ........................

None

Other Habillties. 29,147.48

Capital notes and debentures

None

Preferred stock

None

Common stock 200,000.00

Surplus 200,000.00

Undivided profits 438,455.47

Reserves

None

Total Llabillties$ 9,643,815.69

STATEMENT Showing condition at the close of business December 31, 1967, of

JORDAN BANKING COMPANY Leary (Calhoun), Ga.

As called for by the Superintendent of Banks

W. H. JORDAN, President.
Date of Charter: 12-30-1965

MINNIE LEE DOZIER, Cashier.
Began Business: 1-3-1966

ASSETS
Cash, balances with other banks, and cash items in process of coUection$
United States Government obliptiona, direct and guaranteed
Obliptiona of States and political subdivisions.
Securities of Federal agencies and
~r.~t~~~. ~~~ .~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, including overdrafts.... .'
Bank premises, furniture and fixtures, and other assets representing bank premises. . . .
Real estate owned other than bank premises. .
Customers' liability to this bank on acceptances outstandina.
Other assets.

816,829.80 307,226.05 70,349.50
None None 586,293.99
8,065.65 None None
1,795.49

Total Assets..$ 1,790,560.38

LIABILITIES
Demand deposits$ Time and savinp deposits Deposits of U.S. Government
De~:.:.'. ~t~~~. ~~~ -~~~~ -~~
Deposits of banks Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outstanding.. Other liabilities. Capital notes and debentures Preferred stock. Common stock... Surplus. Undivided profits Reserves

819,119.72 525,903.07
1,610.97 213,790.67
40,085.94 15,879.35
None
None 8,215.75
None None 50,000.00 50,000.00 65,954.91 None

Total Llabillties$ 1,790,560.38

94

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE STATE BANK OF LEESBURG Leesburg (Lee), Ga.

As called for by the Superintendent of Banks

T. R. CANNON, President.
Date of Charter: 4-9-1947

T. R. CANNON, Cashier.
Began Business: 12-1-1947

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ . 391,346.97

United States Government obliga

tions, direct and guaranteed 671,818.40

Obliga~i~~s of States and poUtical subdJVJSIOnS. , , , , , , , , , , , , , , , , , ,

10,200.82

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~~~t~~~. -~~ 275,023.46

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over drafts.... 646,360.80

Bank premises, furniture and t-.xtures,

and other assets representing bank premises..

8,698.25

Real estate owned other than bank

premises..........

None

Customers Uability to this bank on acceptances outstanding. . .

None

- - - - Other assets. . .

None

Total Assets$ 2,003,448.70

LIABILITIES
Demand deposits$ Time and savings deposits Deposits of U.S. Government Deposits of States and poUtical sub-
divisions. Deposits of banks.. Certified and officers' checks, etc. Other Uabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ing Other Uabilities. Capital notes and debentures Preferred stock Common stock. Surplus....................... . Undivided profits Reserves...................... .

792,351.01 445,452.36
6,000.00 521,132.75
None None None
None 11,343.64
None None 50,000.00 75,000.00 92,168.94 10,000.00

Total Liabilities$ 2,003,448.70

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF LENOX Lenox (Cook), Ga.

As called for by the Superintendent of Banks

R. H. ROBINSON, President.
Date of Charter: 6-20-1907

R. H. ROBINSON, JR., Cashier.
Began Business: 6-25-1907

ASSETS

Cash, balances with other banks, and cash items in process of coUection$ 439,605.21

United States Government obliga

tions, direct and guaranteed 830,878.00

Obligations of States and political subdivisions................. .. 442,492.76

Securities of Federal agencies and

t~r.~~t~~~~. ~~~. -~~t~~?. -~~ 99,625.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and diacounts, including overdrafts...................... .. 1,339,290.03

Bank premises, furniture and fixtures,

and other assets representing bank

premises.

53,569.86

Real estate owned other than bank

premises...

None

Customers' Uability to this bank on

acceptances outstanding.

None

- - - - - Other assets................... .

None

Total Assets......$ 3,205,460.86

LIABILITIES

Demand deposits$ 981,606.18

Time and savings deposits. 1,352,224.32

Deposits of U.S. Government....... 35,603.54

DePC!I!ts of States and political sub-

divisions 259,587.62

Deposits of banks 92,397.72

Certified and officers' checks, etc

5,020.29

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other Uabilities.... 30,727.83

Capital notes and debentures

None

Preferred stock

None

Common stock. 100,000.00

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

Undivided profits............... . 113,760.26

Reserves...................... . 34,533.10

Total Liabilities.$ 3,205,460.86

FORTY-EIGHTH ANNUAL REPORT

95

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS & MERCHANTS BANK Leslie (Sumter), 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, and cash Items In proc:eu of coDection$
United States Government obU&a tions, direct and guaranteed
ObUgatlons of States and poUtlcal subdivlalons.
Securities of Federal agencies and
t~r.~~t~~~~ ~~~. -~~t~. -~~
Other securities, corporate stocks and stock In Federal Reserve Bank
Loans and diacountl, Including over draftl.
Bank premises, furniture and fixtures, and other assets representing bank p r e m i s e s
Real estate owned other than bank premises..
Customers' Uabllity to this bank on acceptances outstanding.
Other asseu

149,718.67 299,750.00
4,000.00
599,843.75 None
561,471.37
18,956.37 None None
5,300.62

Total Alletl$ 1,639,040.78

LIABILITIES
Demand deposits$ Time and aavlnp depositl Depositl of U.S. Government
De~:.:.'. ~t~~~-~~ -~~~ -~~
Deposits of banks. Certified and officers' checks, etc Other Uabllitles for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandIng. Other Uabllitles. . Capital notes and debentures Preferred stock Common stock S u r p l u s Undivided profits Reserves.

749,419.67 703,768.83
7,278.75
35,893.46 None None None
None 5,889.33
None None 50,000.00 75,000.00 7,738.35 4,052.39

Total Liabilities$ 1,639,040.78

STATEMENT Showing condition at the close of business December 31, 1967, of
CITIZENS BANKING COMPANY Lexington (Oglethorpe), 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, and cash items In proc:eu of collection$ 333,413.89

United States Government obUga-

tlons, direct and guaranteed 333,818.51

ObUgations of States and poUtical subdivisions. 125,375.94

Securities of Federal agencies and
t~r.~t~~~. ~~~. -~t-~~- -~~ 145,000.00

Other securities, corporate stocks and stock In Federal Reserve Bank

None

Loans and discounts, Including overdrafts 1,084,920.71

Bank premises, furniture and fixtures,

and other assets representing bank premises

13,970.52

Real estate owned other than bank

premises. .

None

Customers' Uabllity to this bank on

acceptances outstanding. .

None

Other aaseu. _ _ _8_5_5_.1_7

Total Alletl.$ 2,037,354.74

LIABILITIES
Demand deposita$ Time and aavlnp depositl Deposltl of U.S. Government De(IC!I!U of States and pontlcal sub-
divisions. Depoaltl of banks Certified and officers' checks, etc Other Uabllities for borrowed money. Acceptances exeo,;uted by or for ac-
count of this bank and ouutandlng Other Habllitles. . Capital notes and debentures Preferred stock Common stock S u r p l u s Undivided profits. Reserves.

723,655.10 971,839.12
2,837.43
175,860.91 None
4,382.22 None
None None None None 50,000.00 50,000.00 58,779.96 None

Total Liabilities$ 2,037,354.74

96

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS STATE BANK Lincolnton (Lincoln), Ga.

As called for by the Superintendent of Banks

W.B.ALBEA, President.
Date of Charter: 9-26-1911

GEO. C. LEVERETT, JR., Cashier.
Began Business: 12-2-1911

ASSETS

Cash, balances with other banks, and

cash items in proceaa of collection$ 703,544.72

United States Government oblip-

tions, direct and guaranteed 943,950.69

Obliptions of States and political

subdivisions. 422,407.30

. .. .. Securities of Federal apncles and
t~r.~~~~~~ ~~~ ~~~t~? ~~ 249,862.50

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includinfl overdrafts... 1,854,844.12

Bank premises, furniture and fixtures,

and other assets representing bank

premises 81,938.98

Real estate owned other than bank premises......

None

Customers' liability to this bank on

acceptances outstandins. .

None

- - - - - Other assets. . ..

None

Total Assets.$ 4,256,548.31

LIABILITIES

Demand deposits$ 1,707,068.23

Time and savinp deposits. 1,781,174.19

Deposits of U.S. Government....... 15,072.53

Del"!'!ts of States and political sub-

divisions.. 334,767.71

Deposits of banks.

None

Certified and officers' checks, etc

1,530.00

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ins..

None

Other liabilities.

None

Capital notes and debentures

None

Preferred stock

None

Common stock. 100,000.00

Surplus 100,000.00

Undivided profits. 216,935.65

Reserves..

None

Total Liabilities..$ 4,256,548.31

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK Lithonia (DeKalb), Ga.

As called for by the Superintendent of Banks

G. OGDEN PERSONS, II, President.
Date of Charter: 8-26-1910

W. L. WILLIAMSON, Cashier.
Began Business: 1910

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 535,608.52

United States Government oblip-

tions, direct and suaranteed 1,454,249.75

Obliptions of States and political

subdivisions. . . . . . 76,092.51

Securities of Federal apncies and

~r.~~t~~~. ~~~ ..~t~?..~~ 625,223.81

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includins over-

drafts........................ 1,722,424.54

Bank premises, furniture and fixtures,

and other assets representins bank

premises. . . . 105,823.84

Real estate owned other than bank

premiaes. . . .

None

Customers' liability to this bank on

acceptances outstandinfl. . . . . .

None

Other assets. . . . . .

6,433.50

Total Assets.$ 4,525,856.47

LIABILITIES

Demand deposits.$ 2,115,759.00

Time and savinp deposits. . . 1,241,903.21

Deposits of U.S. Government. 170,856.26

Del"!'!ts of States and political sub-

divisions. . . . . 562,779.68

Deposits of banks. . .

None

Certified and officers' checks, etc.

1,171.73

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n s . . . .

None

Other Uabilities , .... 98,046.92

Capital notes and debentures

None

Preferred stock

None

Common stock. 130,000.00

Surplus... 100,000.00

Undivided profits. 70,339.67

Reserves.... 35,000.00

Total Liabilities$ 4,525,856.47

FORTY-EIGHTH ANNUAL REPORT

97

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FARMERS BANK Locust Grove (Henry), Ga.

As called for by the Superintendent of Banks

M.M.BROWN, President.
Date of Charter: 1-3-1910

JULIAN A. BROWN, Cashier.
. Began Business: 1-1910

ASSETS Cash, balances with other banks, and
cash items in proceu of collection$ United States Government obliga-
tiona, direct and paranteed Obligations of States and poHtical
subdWislons Securities of Federal apndes and
~r.~t~~~. ~~~. -~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, includina overdrafts..
Bank premises, furniture and fixtures, and other -ts representina bank p r e m i s e s
Real estate owned other than bank p r e m i s e s .
CUstomers' HablHty to this bank on acceptances outatandina
Other - u....................
Total Asaets. $

135,476.26 105,000.00
None
164,887.50 None
520,970.60
10,754.15 None None None
937,088.51

LIABILITIES Demand deposita$ Time and savlnp deposita Deposita of U.S. Government De~ts of States and political sub-
ons Deposita of banks Certified and officers' checks, etc Other HablHties for bonowed money. Acceptances executed by or for ac-
count of this bank and outstandina.... Other Habillties Capital notes and debentures Prefened stock. Common stock
~-dedprofits.
Reserves..

451,102.52 282,608.12
3,490.36 80,124.27
None 6,568.99
None
None 12,071.99
None None 30,000.00 40,000.00 31,122.26 None

Total LiablHties...$ 937,088.51

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF LOGANVILLE Loganville (Walton), Ga.

As called for by the Superintendent of Banks

C. A. KELLEY, JR., President.
Date of Charter: 5-6-1946

JOE B. TAYLOR, Cashier.
Began Business: I 0-5-1946

ASSETS
Cash, balances with other banks, and cash items in Pf!Ceu of collection$
United States Government obligations, direct and ~UUBDteed
Obligations of States and poHtical subdivisions.
Securltlea of Federal qendes and
~r.~t~~~. ~~~. -~t~~?. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, includina overdrafts.
Bank premises, furniture and f"axturea, and other -ta representina bank premises.
Real estate owned other than bank premises.
Customers' HablHty to this bank on acceptances outatandina.
Other assets. .

230,492.13 324,665.33
None
189,787.50 None
675,226.76
13,988.08 None None
2,765.76

LIABILITIES
Demand deposits$ Time and savinp deposita Deposita of U.S. Government
De~:.:.'. ~t~~~. ~~ -~~t~~ .s~~
Deposits of banks Certified and officers' checks, etc Other Habillties for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outatandi n a Other Habillties. . Capital notes and debentures Prefened stock Common stock... Surplus.... Undivided profits.... Reserves...................... .

577,061.22 640,304.64
7,580.43 85,926.92
None 1,342.50
None
None 2,000.00
None None 25,000.00 75,000.00 22,709.85 None

Total Asaets .$ 1,436,925.56

Total Liabilities$ 1,436,925.56

98

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF LUMBER CITY Lumber City (Telfair), Ga.

As called for by the Superintendent of Banks

W. C. WILLIAMS, President.
Date of Charter: 5-22-1945

W. C. WILLIAMS, Cashier.
Began Business: 7-2-1945

ASSETS
Cash, balances with other banks, and cash items in procea of collection$
United States Government obliptions, direct and guaranteed
Obliptions of States and political s u 6 d h l s l o n s
Securities of Federal agencies and
~r.~t~~~~ ~~~. -~~t~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, Including overdrafts.
Bank premises, furniture and fixtures, and other assets representing bank premises
Real estate owned other than bank premises.
Customers' liability to this bank on acceptances outstanding.
Other assets.

178,411.03 307,428.00
None
249,703.41 None
546,962.75
386.22 None None
1,152.66

LIAMLITIES
Demand deposita$ Time and sllvinp deposita. Deposita of U.S. Government DeJK!s!ts of States and political sub-
dhiaions Deposita of banks Certified and officers' cheeks, etc Other liabWties for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandIng Other liabWties. Capital notes and debentures Preferred stock Common stock Sunllus Undivided profits Reserves. .

663,580.56 338,343.39
5,194.58
113,502.6E Non>
3,954.97 None
None 9,166.81
None None 25,000.00 75,000.00 50,301.10 None

Total Assets$ 1,284,044.07

Total LiabWties$ 1,284,044.07

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS STATE BANK Lumpkin (Stewart), 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

ASSETS

Cash, balances with other banks, and

cash items in proeeu of collection$ 244,956.58

United States Government oblip-

tlons, direct and guaranteed 676,218.75

Oblip!J~I!I of States and political

subdivisions. . .. 23,090.94

Securities of Federal agencies and

t~r.~t~~~. ~~~. -~~t.e~~- -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and diacounts, Including over-

drafts.. 919,766.02

Bank premises, furniture and fixtures,

and other auets representing bank

premises.. 11,626.49

Real estate owned other than bank

premises...

None

Customers' liability to this bank on

acceptances outstanding. .

None

- - - - Other auets

None

Total Assets$ 1,975,658.78

LIAMLITIES
Demand deposits$ Time and aavinp deposita Deposita of U.S. Government.. DeP'!f!ta of States and political sub-
divisions Deposita of banks Ceitified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandIng Other liabilities. .. CaPital notes and debentures Preferred stock. Common stock. Surplus. Undivided profits Reserves

922,617.37 638,754.43
9,864.52 131,573.39
None 7,197.54
None
None 62,089.68
None None 100,000.00 50,000.00 53,561.85 None

Total LiabWties$ 1,975,658.78

FORTY-EIGHTH ANNUAL REPORT

99

STATEMENT

Showing condition at the close of business December 31, 1967, of

LUTHERSVILLE BANKING'COMPANY Luthersville (Meriwether), Ga.

As called for by the Superintendent of Banks

JIMMY D. NeSMITH, President.
Date of Charter: 10-11-1905

ELIZABETH W. REID, Cashier.
B_egan Business: 8-3-1906

ASSETS Cash, balances with other banka, and
cash items in process of collection$ United States Government obliga-
tions, direct and ~UUanteed Obllptions of States and political
subdnisions Securities of Federal agencies and
t~r.~t~~~~ .~~~. -~t~~. -~~
Other securities, corporate stocka and stock in Federal Reserve Bank
Loans and discounts, Including overdrafts
Bank premises, furniture and fixtures, and other assets representing bank premises.
Real estate owned other than bank p r e m i s e s. . .
Customers' liability to this bank on acceptances outstanding.
Other assets.

381,679.15 349,342.38
18,665.81
200,062.50 1.00
640,250.66
19,673.51 1,000.00 None 1,992.19

Total Aaeta$ 1,612,667.20

LIABILITIES
Demand deposita$ Time and s8vinp deposita Deposita of U.S. Government
De~:,SO:.'. ~t~~~. ~~ _P_O_u_~~ _s~~
Deposits of banka Certified and officers' checka, etc. Other Habilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandIng Other HabiUties. Capital notes and debentures Preferred stock Common stock
=:.-e~i j,i~tiis::::::::::::::::
Reserves

546,425.87 540,123.26
26,570.41
341,883.81 35,000.00 818.38 None
None 11,502.90
None None 50,000.00 40,000.00 20,342.57 None

Total Liabilities$ 1,612,667.20

STATEMENT Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK OF LYONS Lyons (Toombs), Ga.

As called for by the Superintendent of Banks

W. HOLLOWAY, President.
Date of Charter: 5-4-1935

DEWEY L. BLAXTON, Cashier.
Began Business: 6-1-1935

ASSETS

Cash, balances with other banka, and

cash items in process of collection.$ . 742,771.3(

United States Government oblip

tions, direct and jplllr8llteed 912,626.94

Obligations of States and poUtical

subdiisions 327,990.88

Securities of Federal agencies and
~~~~. ~~~. -~t~~- -~~ 1,528,240.63

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and discounts, Including over-

drafts 1,936,392.7S

Bank premises, furniture and f"axtures,

and other assets representing bank premises .

27,539.32

Real estate owned other than bank

premises

Non

Customers' UabiUty to this bank on acceptances outstanding.

None

- - - - Other assets

None

Total Aaeta$ 5,475,561.92

LIABILITIES

Demand deposita$. 2,416,476.12

Time and savinp deposita......... 1,490,624.68

Deposita of U.S. Government. 24,105.01

De~.:.'. ~t~~~-~~ -~~~~ -~~ 821,936.18

Deposita of banks. 93,354.47

Certified and officers' checks, etc. 55,617.04

Other Habilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outatand

i n a

None

Other UabiUties

None

Capital notes and debentures

None

Preferred stock

None

Common stock 200,000.00

Surptua 100,000.00

UndiYided profits 273,448.42

Reserves

None

Total Liabilities$ 5,475,561.92

100

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE MERCHANTS AND CITIZENS BANK McRae (Telfair), 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, balances with other banks, and

cash items in process of collection.$ 438,144.64

United States Government oblip

tions, direct and guaranteed . 1,282,354.31

Oblip~i~~s of States and political

subdiwuons. . ........ 528,584.92

Securities of Federal agencies and

. . t~r.~t~~~~ ~~~ -~~~~t~~~. -~~ 225,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts. ......... 1,575,722.26

Bank premises, furniture and t1xtures,

and other assets representing bank

premises........ 20,000.00

Real estate owned other than bank

premises......

None

Customers' liability to this bank on

acceptances outstanding. . .

None

- - - - Other assets. .....

504.29

Total Assets..$ 4,070,310.42

LIABILITIES

Demand deposits..$ 2,920,456.81

Time and savings deposits. . 258,657.37

Deposits of U.S. Government. . . 74,649.06

Defl!S!ts of States and political sub-

divisions.... 285,955.23

Deposits of banks.. 13,395.34

Certified and officers' checks, etc

490.05

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabilities. . 100,874.10

Capital notes and debentures..

None

Preferred stock

None

Common stock.... 100,000.00

SurJIIus... 100,000.00

Undivided profits.. 50,000.00

Reserves...... 165,832.46

Total Liabilities..$ 4,070,310.42

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE SOUTH COBB BANK Mableton (Cobb), Ga.

As called for by the Superintendent of Banks

LEE E. PARTAIN, JR., President.
Date of Charter: 6-21-1963

PHILLIP E. JOHNSON, Cashier.
Began Business: 3-2-1964

ASSETS

Cash, balances with other banks, and cash items in process of collection$ 631,497.46

United States Government oblip

tions, direct and guaranteed .. 354,299.69

Obligations of States and political subdivisions. ... 316,293.16

Securities of Federal agencies and

b~~~~t~~~ . ~~~. -~~t.e~~. -~~ 856,485.85

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over drafts.... 3,214,844.94

Bank premises, furniture and fixtures,

and other assets representing bank premises......... 202,584.82

Real estate owned other than bank

premises . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. ... Other assets. ...

None 38,189.01

Total Assets...$ 5,614,194.93

LIABILITIES

Demand deposits....$ 2,333,209.67

Time and savings deposits. . . 2,022,087.44

Deposita of U.S. Government....... 33,418.75

Defl!S!ts of States and political sub-

divisions... 330,512.69

Deposits of banks.

None

Certified and officers' checks, etc 62,858.15

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities.. 253,836.29

Capital notes and debentures.

None

Preferred stock..

None

Common stock... 250,000.00

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

Undivided profits... 128,271.94

Reserves . . . . . . . . .

None

Total Liabilities...$ 5,614,194.93

FORTY-EIGHTH ANNUAL REPORT

101

STATEMENT

Showing condition at the close of business December 31, 1967, of

GEORGIA BANK & TRUST COMPANY Macon (Bibb), Ga.

As called for by the Superintendent of Banks

DON W. GORDON, President.
Date of Charter: 6-9-1960

J. ROLAND MAY, Cashier.
Began Business: 7-1-1960

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 4,731,320.80

United States Government oblip

tions, direct and guaranteed 4,897,874.03

Obliptions of States and poUtical

subdivisions. ... 3,735,437.17

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~t~~~. -~~ 850,023.45

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including overdrafts.....

17,067,222.31

Bank premises, furniture and raxtures,

and other assets representing bank premises......

314,516.32

Real estate owned other than bank

premises......

28,789.59

Customers' UabWty to thia bank on acceptances outstandina

None

Other assets. .. 264,746.60

Total Assets..$31,889,930.27

LIABILITIES

Demand depositaS 9,501,734.36

Time and savinp deposita 8,317,051.89

Deposits of U.S. Government....... 158,750.71

De~~~f- ~t~~~.~~ -~~~~ -~~ 4,502,929.61

Deposits of banks................ 6,153,200.79

Certified and officers' checks, etc... 181,374.36

Other UabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand

ing.

None

Other UabWties 946,662.84

Capital notes and debentures

None

Preferred stock

None

Common stock. 1,000,000.00

Surplus 650,000.00

Undivided profits. 465,945.43

Reserves.. 12,280.28

Total Liabilities..$31,889,930.27

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF MADISON Madison (Morgan), Ga.

As called for by the Superintendent of Banks

L. B. CHAMBERS, President.
Date of Charter: 12-26-1888

H. G. LOMAX, Cashier. Began Business: 1-1-1890

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 320,738.32

United States Government oblip-

tions, direct and guaranteed 1,132,035.54

Obllptlons of States and poUtical

subdivisions.. 172,377.10

Securities of Federal agencies and

t~r.~t~~~ ~~~. -~t~~~. -~~ 199,562.50

Other securities, corporate stocks and

stock in Federal Reserve Bank 72,500.00

Loans and discounts, including over

drafts. 2,008,911.43

Bank premises, furniture and raxtures,

and other assets representing bank

premises.....

50,130.02

Real estate owned other than bank

premises. . . . . .

None

Customers' UabWty to thia bank on

acceptances outstanding.

None

Other assets... _ _ _5_6_.2_5

LIABILITIES

Demand deposits.$ 1,731,249.27

Time and savings deposita 1,576,753.86

Deposits of U.S. Government

15,121.01

De~ta of States and poUtical sub

divisions. 310,934.16

Deposita of banks

7,500.00

Certified and officers' checks, etc

1,672.00

Other UabWties for borrowed money.

None

Acceptances exeo,;uted by or for ac-

count of thia bank and outatand-

ina

None

Other UabWties..

None

Capital notes and debentures

None

Preferred stock.

None

Common stock... 100,000.00

Surplus. 150,000.00

Undivided profits.. 54,286.62

Reserves..

8,794.24

Total Assets..$ 3,956,311.16

Total Liabilities..$ 3,956,311,16

102

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MANCHESTER Manchester (Meriwether), 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, and

cash items in proce88 of collection$ 905,952.72

United States Government oblip

tiona, direct and guaranteed 1,957,676.00

Obllptions of States and political

subcliviaions. . 893,451.33

Securities of Federal agencies and

. t~r.~~~~ ~~. -~~~~t~~. -~~ 499,878.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and disc:ounts, including over-

drafts.......... . . 2,447,688.33

Bank premises, furniture and f"u:tures,

and other assets representing bank

premises. . . . . 29,685.70

Real estate owned other than bank

premises. . . . .

None

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . . .

1,316.45

Total Assets..$ 6,735,649.03

LIABILITIES

Demand deposita$ 2,458,725.28

Time and savings deposita. 3,107,105.55

Deposits of U.S. Government. 37,304.22

De~~~f. ~t~~~.~~~ .P_D.~~c-~ .~~ 498,009.43

Deposita of banks. .

None

Certified and officers' checks, etc...

7,131.20

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities. .. 106,294.11

Capital notes and debentures

None

Preferred stock

None

Common stock.. 150,000.00

Surplus 150,000.00

Undivided profits. 201,079.24

Reserves 20,000.00

Total Liabilities$ 6,735,649.03

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK OF MANCHESTER Manchester (Meriwether), Ga.

As called for by the Superintendent of Banks

ELMER LOFTIN, President.
Date of Charter: 10-7-1947

JIMMIE F. LOFTIN, Cashier.
Began Business: 2-2-1948

ASSETS

Cash, balances with other banks, and

cash items in proc888 of collection$ 892,664.29

United States Government obllp-

tions, direct and guaranteed . 304,624.20

Obligations of States and political

subdivisions. ... 333,241.89

Securities of Federal agencies and

t~r.~t~~~~ ~~~. -~~~t.e~?~~ 550,014.60

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts. 1,161,543.76

Bank premises, furniture and fixtures,

and other assets representing bank

premises...

16,996.15

Real estate OWded other than bank

premises . . .

None

Customers liability to this bank on

acceptances outstanding. . ..

None

OtJter assets. ..

4,262.30

Total Assets .S 3,263,347.19

LIABILITIES

Demand deposits$ 1,334,588.70

Time and savings deposita. . 1,256,574.35

Deposita of U.S. Government....... 11,181.92

~~:.;.f. ~t~~~-~~ .P_D.~~~ .s~~ 377,576.98

Deposits of banks.

None

Certified and officers' checks, etc. 18,477.50

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand ing.... Other liabilities. . Capital notes and debentures Preferred stock Common stock. S u r p l u s . . . . Undivided profits.. Reserves........

None 8,800.00
None None 50,000.00 100,000.00 106,147.74 None

Total Liabilities$ 3,263,347.19

FORTY-EIGHTH ANNUAL REPORT

103

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MANSFIELD Mansfield (Newton), Ga.

As called for by the Superintendent of Banks

A. E. HAYS, President.
Date of Charter: 12-19-1945

DOROTHY THOMAS, Cashier.
Began Business: 3-1-1946

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 139,613.79

United States Government obli&a

tions, direct and paranteed 100,000.00

Obliptions of States and poUtical

subcliYisions.

None

Securities of Federal agencies and

. t~r.~~t~~~~ ~~~. -~t~~. -~~ 300,090.63

Other securities, corporate stocks and

stock In Federal Reserve Bank

None

Loans and discounts, Including over-

drafts 620,130.94

Bank premlaes, furniture and fixtures,

and other asaeta representing bank

premlaes

8,000.13

Real estate owned other than bank premlaes .

None

Customers' UabiUty to this bank on

acceptances outstanding.

None

- - - - - Other asaets. .

None

Total Asaeta$ 1,167,835.49

LIABILITIES
Demand deposita$ Time and savings deposita. Deposita of U.S. Government
De~:.:.'. ~t~~~.~~ -~~~ .s~~
Deposita of banks Certified and officers' checks, etc Other UabiUties for borrowed money. Acceptances executed by or for ac
count of this bank and outstand
Ina .........
Other UabiUties. Capital notes and debentures Preferred stock Common stock Surplus Undivided profits Reserves

498,694.78 410,513.17
821.10 95,022.30
None 3,969.45
None
None 964.70
None None 25,000.00 75,000.00 57,849.99 None

Total LiabiUties$ 1,167,835.49

STATEMENT

Showing condition at the close of business December 31, 1967, of

COBBEXCHANGEBANK Marietta (Cobb), Ga.

As called for by the Superintendent of Banks

ROSSER N. LITTLE, President.
Date of Charter: 12-18-1906

KNOXV.WOOD Cashier.
Began Business: 1-1-1907

ASSETS

Cash, balances with other banks, and

cash Items In proceu of collection$ 3,139,326.69

United States Government obli&a

tions, direct and ~UBr&nteed 3,124,807.27

Obliptions of States and poUtical

subdivisions. 3,259,632.47

Securities of Federal agencies and

~~t~~~. ~~~. -~t~?. -~~

None

Other securities, corporate stocks and

stock In Federal Reserve Bank

None

Loans and discounts, lnciudlna over-

drafts. 8,649,080.82

Bank premlaes, furniture and fixtures,

and other asaets representina bank

premlaes. 162,640.89

Real estate owned other than bank premlaes

None

Customers' Uability to this bank on

Oathcceer pataanceetsao.u.t.a. .t a. .n.d. .l.n.a........ .........

None 130,436.09

Total Asaeta$18,465,924.23

LIABILITIES

Demand deposita$ 8,748,404.36 Time and savings deposita. 5,247,028.14 Deposita of U.S. Government....... 279,734.99
De.S::::,SU:.f. ~t~~~.~~ -~~~.a~~ 2,238,466.24

Deposita of banks. Ceitifled and officers' checks, etc. Other UabiUties for borrowed money. Acceptances exe.,uted by or for ac-
count of this bank and outstandIng Other UabiUties. Capital notes and debentures Preferred stock Common stock Surplus Undivided profits Reserves

None 146.00
None None 392,072.97 None None 375,000.00 825,000.00 360,071.53 None

Total LlabiUties$18,465,924.23

104

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

MARlETTA COMMERCIAL BANK Marietta (Cobb), Ga.

As called for by the Superintendent of Banks

WALTER E. GRAHAM, President.
Date of Charter: 9-2-1955

JAMES E. LAWSON, Cashier.
Began Business: 9-17-1956

ASSETS

Cash, balances with other banks, and

cash itema in proceu of collection$ 2,168,108.45

United States Government oblip-

tions, direct and guaranteed 2,246,1 56.00

Obliptions of States and political

subdivisions.. 756,348.31

Securities of Federal agencies and

. t~r.~~t~~~~ ~~~. -~~~~t~~. -~~ 599,694.90

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts........................ 4,742,532.84

Bank-premises, furniture and f"axtures,

and other assets representing bank

premises..... 179,938.94

Real estate owned other than bank

premises.......

None

Customers liability to this bank on

acceptances outstanding...

None

Other assets..... 89,768.67

Total Assets....$10,782,548.11

LIABILITIES

Demand deposits$ 4,758,718.21

Time and savings deposits. 2,513,977.96

Deposits of U.S. Government 590,936.62

De~:,SU:.f. ~t~~~.~~~ -~-li~~c-~ _s~~ 1,787,136.25

Deposits of banks...

10,000.00

Certified and off"acers' checks, etc 207,058.13

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g.

None

Other liabilities. . 291,828.73

Capital notes and debentures.

None

Preferred stock.

None

Common stock... 320,000.00

Surplus... 280,000.00

Undivided prof"ats.

22,892.21

Reserves

None

Total Liabilities..$10,782,548.11

STATEMENT Showing condition at the close of business December 31, 1967, of

FIRST STATE BANK Marshallville (Macon), Ga.

As called for by the Superintendent of Banks

RUFUS W. GOSNELL, President.
Date of Charter: 9-19-1910

J. R.ALLEN, Cashier. Began Business: 9-27-1910

ASSETS

Cash, balances with other banks, and

cash itema in proceu of collection.$ 154,611.81

United States Government oblip-

tions, direct and guaranteed .. 479,900.00

Obligations of States and poUtical

subdivisions. .

None

Securitiea of Federal agencies and

t~r.~t~~~. ~~~. -~~t~~?. -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reaerve Bank

None

Loans and discounts, including over-

drafts... 666,584.86

Bank premiaes, furniture and f"axtures,

and other assets representing bank

premises. 19,044.01

Real estate owned other than bank

p r e m i s e s . . . .

None

Customers' liability to this bank on

acceptancea outstanding. . .

None

- - - - - Other assets. .

497.16

Total Auets.$ 1,420,637.84

LIABILITIES
Demand deposits$ Time and savings deposits. Deposits of U.S. Government. DePC!'!ts of States and potitical sub-
divisions. Deposits of banks Certified and officers' checks, etc Other liabilitiea for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandi n g . . Other liabilitiea. Capital notes and debentures Preferred stock. Common stock. S u r p l u s . . . . Undivided prof"ats..
Reserves..

458,097.34 646,451.19
7,436.01
98,843.14 None
4,576.98 None
None 7,814.89
None None 75,000.00 75,000.00 42,418.29 5,000.00

Total Liabilities...$ 1,420,637.84

FORTY-EIGHTH ANNUAL REPORT

105

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MEIGS Meigs (Thomas), Ga.

As called for by the Superintendent of Banks

J. L. PILCHER, President.
Date of Charter: 5-8-1903

TOM SMITH, Cashier. Began Business: 6-1903

ASSETS

Cash, balances with other banka, and

cash items in proce11 of coUection$ 346,766.93

United States Government obllp-

tions, direct and guaranteed 377,778.25

Obliptions of States and poHtlc:al

subdlvialons. .

None

Securities of Federal apncles and

t~r.~t~~~. ~~~. -~t~~. -~~ 809,250.00

Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including over-

None

drafts.. 781,415.99

Bank premiaea, furniture and fixtures,

and other asaets representing bank

premiaea 11,945.99

Real estate owned other than bank premiaea . . . .

None

Customers' Habllity to this bank on acceptances outstanding.

None

- - - - Other asaets.

None

Total Assets$ 2,327,157.16

LIABILITIES

Demand deposits$ 1,167,900.72

Time and savings deposits......... 703,067.37

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

4,620.75

De~~~'. ~t~~~-~~ .P_O.~~ .s~~ 160,181.12

Deposits of banks.

None

Certified and officers' checka, etc...

2,709.48

Other Habllitles for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing

None

Other Habllities. . 17,404.16

Capital notes and debentures

None

Preferred stock

None

Common stock 50,000.00

Surplus 100,000.00

Undivided profits. 71,273.56

Reserves 50,000.00

Total Liabilities.$ 2,327,157.16

STATEMENT

Showing condition at the close of business December 31, 1967, of
METTER BANKING COMPANY Metter (Candler), Ga.

As called for by the Superintendent of Banks

D. J. PARRISH, President.
Date of Charter: 7-25-1930

REX D. HARTLEY, Cashier.
Began Business: 8-26-1935

ASSETS

Cash, balances with other banka, and cash items in proc- of coUection$ 426,248.13
United States Government obllptions, direct and guaranteed 1,587,486.83
Obliptlons of States and pontic:al subdlvialons. 544,778.61
Securities of Federal agencies and
~r.~t~~~. ~~~. -~t~~?. -~~ 1,100,008.77

Other securities, corporate stocka and stock in Federal Reserve Bank
Loans and discounts, including overdrafts. .
Bank premlaes, furniture and f"txtures, and other 818ets representing bank premiaea. .
Real estate owned other than bank premises.
Customers' Hability to this bank on acceptances outstanding.
Other 818ets. . . . .

None
2,973,494.95
13,521,51 None None
623.22

Total Assets.$ 6,646,162.02

LIABILITIES

Demand deposits$ 2,209,557.37

Time and savings deposits 3,353,878.78

Deposits of U.S. Government 29,753.45

De~:.:.'. ~t~~~.~~ .P_O.~~~ -~~ 450,743.53

Deposits of banks

None

Certified and officers' checks, etc 20,119.13

Other Habllitles for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

ing

None

Other Habllities 131,998.30

Capital notes and debentures

None

Preferred stock.

None

Common stock. 125,000.00

Surplus. 150,000.00

Undivided profits. 75,111.46

Reserves. 100,000.00

Total Liabilities , $ 6,646,162.02

106

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

PINELAND STATE BANK Metter (Candler), Ga.

As called for by the Superintendent of Banks

G. H. ROUNTREE, President.
Date of Charter: 12-27-1961

LANELLE H. JARRIEL, Cashier.
Began Business: 10-15-1962

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 341,133.87

United Sletea Government obliga-

tions, direct and guaranteed 1,444,392.85

Obligations of States and political

subdivisions.

None

Securities of Federal a1encies and

~~t~~~~ ~~~. -~~~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includin1 over-

drafts. 1,034,298.98

Bank premises, furniture and f"axtures,

and other assets representinl bank

premises 56,454.53

Real estate owned other than bank

premises .

None

Customers' UabiUty to thia bank on

acceptances outstandin1.

None

Other assets

1,861.32

Total Assets$ 2,878,141.55

LIABILITIES

Demand deposita$ 924,144.41

Time and aavinp deposita. 1,185,476.57

Deposits of U.S. Government.

9,460.15

De~:.:.'. ~t~~~.~~~ .~.U-~c-~ .8~~ 470,433.35

Deposita of banks.

None

Certified and officers' checks, etc.

7,009.07

Other UabiUtles for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

inl

None

Other UabiUtles. 20,000.00

Capital notes and debentures

None

Preferred stock

None

Common stock 100,000.00

Surplus 75,000.00

Undivided profits 71,868.00

Reserves 14,750.00

Total LiabiUtles$ 2,878,141.55

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF MIDVILLE Midville (Burke), Ga.

As called for by the Superintendent of Banks

J. FRANK FARMER, President.
Date of Charter: 4-13-1945

R. H. SIMS, Cashier. Began Business: 5-21-1945

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 124,183.52

United States Government obliga-

tions, direct and guaranteed .. 234,775.00

ObUptlona of States and poUtical

aubdhiaions.... 23,739.16

Securities of Federal a1encies and

~~t~~~. ~~~. -~~~t~~- -~~ 20,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includin1 overdrafts.. 486,748.45

Bank premises, furniture and fixtures,

and other aaaets representinl bank

premises...

2.00

Real estate owned other than bank premises . .

None

Customers' UabiUty to thia bank on

acceptances outstandin1. .

None

- - - - - Other assets

189.12

Total Aaaeta. $ 889,637.25

LIABILITIES
Demand deposita$ Time and aavlnp deposita Deposita of U.S. Government
De~.:.'. ~t~~~.~~~ -~~~~ .s~~
Deposita of banks Certified and officers' checks, etc Other UabiUtles for bcxrowed money. Acceptances executed by or for ac-
count of this bank and outatandinl Other UabiUties. Capital notes and debentures. Preferred stock. Common stock. Surplus. Undivided profits Reserves

434,824.00 245,845.22
None
70,095.46 5,000.00 8,504.53 None
None 6,196.29
None None 25,000.00 75,000.00 15,421.75 3,750.00

Total LlabiUties$ 889,637.25

FORTY-EIGHTH ANNUAL REPORT

107

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MILAN Milan (Telfair), Ga.

As called for by the Superintendent of Banks

G. C. JONES, President.
Date of Charter: 12-5-1906

JACK B. WETHERINGTON, Cashier.
Began Business: I0-1906

ASSETS

Cash, balances with other banks, and

cash items in proceaa of collection$ 540,630.33

United States Government obliaa

tiona, direct and guaranteed 50,000.00

ObUptions of States and political

subdivisions. 14,869.89

Securities of Federal agencies and

. t~r.~~t~~~~ ~~~. -~~t~~. -~~ 449,841.60

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over

drafts 1,339,348.16

Bank premises, furniture and fixtures,

and other assets representing bank

premises 14,625.69

Real estate owned other than bank

premises 0 0 0.

None

Customers' liability to this bank on

acceptances outstanding.

None

- - - - - Other assets.

None

Total Asseta$ 2,409,315.67

LIABILITIES

Demand deposits$ 1,057,160.03

TDiempeosaitnsdosfauv.insg.sGdoepvoesrintsm. ent.......

733,412.99 1,925.00

De~~~'. ~t~~~-~~~ -~~~~ .s~~: 287,947.39

Deposits of banks. . 171,862.31

Certified and officers' checks, etc. 10,543.25

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

inJ 0 Other liabilities

None None

Capital notes and debentures

None

Preferred stock

None

Common stock. 70,000.00

Surplus 50,000.00

Undivided profits 26,464.70

Reserves

None

Total Liabilities$ 2,409,315.67

STATEMENT Showing condition at the close of business December 31, 1967, of

EXCHANGE BANK Milledgeville (Baldwin), Ga.

As called for by the Superintendent of Banks

JOHN E. GARNER, JR. President.
Date of Charter: 5-20-1903

W. A. HEMPHILL, JR., Cashier.
Began Business: 6-1-1903

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 1,369,309.68

United States Government obliaa

tiona, direct and guaranteed 2,588,599.72

Obllptions of States and political

subdivisions. 2,244,498.94

Securities of Federal apncies and

~~t~~~. ~~~. -~~?. -~~ 480,006.15

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and diacounts, including over-

drafts. . 6,006,458.34

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . 176,376.35

Real estate owned other than bank

premises. . .

None

Customers' liability to this bank on

acceptances outstanding.

None

Other aasets. . 81,881.69

Total Aasets$12,947,130.87

LIABILITIES

Demand deposits$ 3,188,122.47

Time and savings deposits 4,546,013.67

Deposits of U.S. Government 249,750.67

De~:.:.'. ~t~~~.~~~ !'.0.~~~ -~~ 3,020,916.03

Deposits of banks 633,021.02

Certified and officers' checks, etc

11,844.29

Other liabilities for borrowed money.

None

Acceptances exe.,uted by or for ac-

count of this bank and outstand-

ing 0 0 0 0 0 0 0 0 0 0 0. 0 Other liabilities

None 338,740.69

Capital notes and debentures

None

Preferred stock.

None

Common stock. 286,000.00

Surplus 500,000.00

Undivided profits. 170,847.03

Reserves....

1,875.00

Total Liabilities$12,947,130.87

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE MERCHANTS AND FARMERS BANK OF MILLEDGEVILLE Milledgeville (Baldwin), Ga.

As called for by the Superintendent of Banks

DR. H. D. ALLEN, President.
Date of Charter: 3-22-1898

SALLIE W. HOLMES, Cashier.
Began Business: 3-1898

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 1,231,425.11

United States Government oblip-

tions, direct and guaranteed 1,872,941.60

Obliga~i~~s of States and political

SUbdiVISIOns. 553,900.24

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~. -~~~~t~~. -~~ 249,950.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, induding over-

drafts............ 2,897,461.64

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 188,5 34.83

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . .

2,094.00

Total Assets....$ 6,996,307.42

LIABILITIES

Demand deposits.$ 2,231,252.44 Time and savings deposits. . 3,046,118.55 Deposits of U.S. Government....... 175,062.71
De~:,S,:.'. ~t~~~. ~~~ .P_O.~t~c.a~ .s~~ 928,836.93

Deposits of banks. . . . . . . Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities. . Capital notes and debentures Preferred stock Common stock.. Surplus.. Undivided profits.... Reserves...........

None 27,732.75
None None None None None 200,000.00 250,000.00 137,304.04 None

Total Liabilities..$ 6,996,307.42

STATEMENT Showing condition at the close of business December 31, 1967, of

THE MILLEDGEVILLE BANKING COMPANY Milledgeville (Baldwin), Ga.

As called for by the Superintendent of Banks

FRANK W. BELL, President.
Date of Charter: 2-28-1874

WILLIE BOGGUS, Cashier.
Began Business: 10-13-1884

ASSETS

Cash, balances with other banks, and

caah items in process of coUection.$ 943,911.97

United States Government oblip-

tions, direct and guaranteed 3,228,787.48

Obliga~i~~s of States and political

subdivisions... 1,080,087.63

Securities of Federal agencies and

t~r.~t~~~~ ~~~. -~~~t~~~. -~~ 425,031.25

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over

drafts.. 4,390,600.60

Bank premises, furniture and fixtures,

and other assets representing bank

premises........

2.00

Real estate owned other than bank

premises.........

None

Customers' liability to this bank on

acceptances outstanding. . . ...

None

Other assets.. - - -No-ne

Total Assets...$10,068,420.93

LIABILITIES

Demand deposits.....$ 3,506,004.12

Time and savings deposits. . 3,488,192.19

Deposits of U.S. Government 57,373.52

De(K!S!ts of States and political sub-

divisions......... 1,498,957.94

Deposits of banks... 41,951.93

Certified and officers' checks, etc 172,956.49

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities.. 55,114.58

Capital notes and debentures...

None

Preferred stock

None

Common stock 200,000.00

Surplus. 750,000.00

Undivided profits.. 137,002.67

Reserves.... 160,867.49

Total Liabilities$10,068,420.93

FORTY-EIGHTH ANNUAL REPORT

109

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MILLEN Millen (Jenkins), Ga.

As called for by the Superintendent of Banks

W. H. SHEPPARD, President.
Date of Charter: 1-4-1893

WATSON W. ROCKER, Cashier.
Began Business: 3-1-1893

ASSETS

Cash, balances with other banks, and

cash Items In process of collection$ 816,026.26

United States Government obllga

tions, direct and guaranteed 2,836,132.72

Obligations of States and political

subdivisions. . . . . .

None

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . .

None

Other securities, corporate stocks and

stock In Federal Reserve Bank. . 198,083.33

Loans and discounts, including over-

drafts........ . . . . 2,205,585.51

Bank premises, furniture and f"axtures,

and other assets representing bank

premises. . . . . . . . 27,882.36

Real estate owned other than bank

premises. . . . . . . .

None

Customers liability to this bank on

acceptances outstanding. .

None

Other assets. . . .

None

LIABILITIES

Demand deposita.$ 2,687,544.29

Time and savlnp deposits.. 2,328,208.44

Deposits of U.S. Government

7,318.75

De~:.:.'. ~t~~~.~~~ -~lit~~ .s~?: 507,355.67

Deposits of banks..... 10,000.00

Certified and officers' checks, etc. 15,332.72

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand~

lng..

None

Other liabilities.. 70,561.00

Capital notes and debentures..

None

Preferred stock.

None

Common stock... 100,000.00

Surplua.. 300,000.00

Undivided profits.. 57,389.31

Reserves....

None

Total Assets...$ 6,083,710.18

Total Liabilities.$ 6,083,710.18

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MOLENA Molena (Pike), Ga.

As called for by the Superintendent of Banks

R. H. FLETCHER, President.
Date of Charter: 10-7-1901

CHAS. W. BECKHAM, Cashier.
.Began Business: 3-1 H99

ASSETS

Cash, balances with other banks, and caah Items In process of collection$ 72,778.33

United States Government obligations, direct and guaranteed 261,200.00

Obligations of States and political subdivisions. . .

None

Securities of Federal agencies and

~r.~t~~~. ~~~. -~~t~~?. -~~

None

Other securities, corporate stocks and stock In Federal Reserve Bank 205,000.00

Loans and discounts, including overdrafts...... 441,966.69

Bank premises, furniture and fixtures,

and other assets representing bank premises....

3,816.98

Real estate owned other than bank

premises . . . .

1.00

Customers' liability to this bank on

acceptances outstanding.

None

- - - - - Other assets...

None

Total Assets. $ 984,763.00

LIABILITIES
Demand deposits$ Time and savlnp deposita Deposits of U.S. Government.
~=:.:.f. ~t~~~. ~~~ -~~~~ .s~?:
Deposita of banks.. Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances exe.:uted by or for ac
count of this bank and outstandIng . . Other liabilities. . Capital notes and debentures.. Preferred stock... Common stock.. Surp1ua... Undivided profits.. Reserves . . . . .

302,149.13 464,233.45
1,358.98 101,317.56
None 11,321.37
None
None 1,500.00
None None 30,000.00 30,000.00 38,638.06 4,244.45

Total Liabilities.$ 984,763.00

110

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FARMERS BANK Monroe (Walton), Ga.

As called for by the Superintendent of Banks

GEO. W. BAKER, President.
Date of Charter: 1-I-1906

J. B. BUTTS, Cashier. Began Business: l-1-1906

ASSETS

Cash, balances with other banks, and

cash Items in process of coUection$ 1,781,114.31

United States Government obligs-

tions, direct and guaranteed 1,752,514.88

Obligstions of States and political subdivisions. . ........... 781,849.26

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ ~~~t~~~ ~~ 705,162.26

Other securities, corporate stocks and stock in Federal Reserve Bank.

21,000.00

Loans and discounts, Including overdrafts..... 5,254,549.26

Bank premises, furniture and fixtures,

and other assets representing bank premises....... 413,816.36

Real estate owned other than bank premises..

None

Customers' liability to this bank on

acceptances outstanding. .

None

- - - - - Other assets. .

None

Total Asseta$10,710,006.33

LIABILITIES

Demand deposits$ 3,891,311.69

Time and savings deposita 4,355,050.02

Deposits of U.S. Government 188,226.45

De~~~f. ~t~~~.~~~ .P_O.~t~c.a~ .s~~: 1,040,888.21

Deposits of banks...

None

Certified and officers' checks, etc. 167,235.62

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing......

None

Other liabilities 99,939.40

Capital notes and debentures

None

Preferred stock...

None

Common stock...... 250,000.00

Surplus. 450,000.00

Undivided profits.. 267,354.94

Reserves . . . . . . . .

None

Total Liabilities..$10,710,006.33

STATEMENT Showing condition at the close of business December 31, 1967, of
MONTEZUMA BANKING COMPANY Montezuma (Macon), Ga.

As caUed for by the Superintendent of Banks

T.M.ADAMS, President.
Date of Charter: I0-23-1948

C. W. KINMAN, Cashier.
Began Business: 1-10-1949

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 395,394.48

United States Government obliga-

tions, direct and guaranteed . 1,000,318.42

Obliga~i~~s of States and political SUbdiVISIOns. . ............... 515,306.52

Securities of Federal agencies and

t~r.~t~~~~ . ~~~ ~~~t.e~~..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.... 1,249,455.36

Bank premiaes, furniture and fixtures,

and other assets representing bank premises........

14,229.28

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.......

None

- - - - Other assets...........

None

Total Assets......$ 3,174,704.06

LIABILITIES

Demand deposits$ 1,097,863.76

Time and savings deposita......... 1,161,969.26

Deposits of U.S. Government....... 12,873.20

Dep!sits of States and political sub-

divisions.... 554,738.04

Deposits of banks......

None

Certified and officers' checks, etc 20,484.31

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....

None

Other liabilities.. 30,226.09

Capital notes and debentures

None

Preferred stock........

None

Common stock....... 100,000.00

Surplus....... 100,000.00

Undivided profits... 89,049.40

Reserves..........

7,500.00

Total LiabUities.....$ 3,174,704.06

FORTY-EIGHTH ANNUAL REPORT

Ill

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF MONTICELLO Monticello (Jasper), Ga.

As called for by the Superintendent of Banks

L. 0. BENTON, JR., President.
Date of Charter: 2-8-1964

CHARLES R. DOSTER, Cashier.
Began Business: 2-10-1964

ASSETS
Cash, balances with other banks, and cash items in proce88 of collection$
United States Government obllptlons, direct and guaranteed
Obliptions of States and political subdivisions. ...
Securities of Federal asencies and
t~r.~t~~~~ ~~~. -~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, lncludins overdrafts
Bank premises, furniture and fixtures, and other assets representins bank p r e m i s e s .
Real estate owned other than bank premises. 0 0. 0 0. 0 0 0 0
Customers liability to this bank on acceptances outstandins.
Other assets. .

402,712.29 1,512,921.67
617.92
None None 993,589.86
75,000.00 None None
2,147.60

Total ABsets....$ 2,986,989.34

LIABILITIES

Demand deposits$ 836,609.68

Time and savlnp deposits. 1,764,510.44

Deposits of U.S. Government....... 21,072.26

De~ts of States and political sub-

divisions. . . . . . 166,668.78

Deposits of banks. . . . .

None

Certified and officen' checks, etc. 11,746.30

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inJ. 0 0 0 0 . 0 0

None

Other liabilities. .

None

Capital notes and debentures

None

Preferred stock.

None

Common stock.. 100,000.00

Surplus 50,000.00

Undivided profits.. 36,381.88

Reserves

None

Total Liabilities$ 2,986,989.34

STATEMENT

Showing condition at the close of business December 31, 1967, of

MOULTRIE BANKING COMPANY Moultrie (Colquitt), Ga.

As called for by the Superintendent of Banks

0. MITCHELL SMITH, President.
Date of Charter: 7-8-1896

H. W. RHODES, Cashier.
Began Business: 1896

ASSETS

Cash, balances with other banks, and

cash Items In proce88 of collection$ 2,181,795.80

United States Government obllp-

tions, direct and guaranteed . 3,878,160.67

Obliptions of States and political

subdivisions. 2,431,303.66

Securities of Federal apncies and

~r.~t~~~ ~~~. -~~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, lncludins over-

drafts. 10,312,100.80

Bank premises, furniture and fixtures,

and other assets representinJ bank

premises. 0 0 0

146,716.89

Real estate owned other than bank

premises. . .

None

Customers' liability to this bank on

acceptances outstandinJ. .

None

Other 888ets.

86,334.54

Total Aasets..$19,036,412.36

LIABILITIES

Demand deposits..$ 9,290,185.52

Time and savlnp deposits 5,896,466.32

Deposits of U.S. Government 132,979.97

De~ts of States and political sub-

divisions.... 990,761.26

Deposits of banks..

95,822.04

Ceitified and officers' checks, etc. . .

83,301.45

Other liabilities for borrowed money.

None

Acceptances exe.,uted by or for ac-

count of this bank and outstand-

inJ 0 0 0 0. 0 0

None

Other liabilities. . . 437,250.96

Capital notes and debentures

None

Preferred stock

None

Common stock 300,000.00

Surplus. 1,000,000.00

Undivided profits. 374,256.25

Reserves. 435,388.59

Total Liabilities$19,036,412.36

112

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

MOUNT VERNON BANK Mt. Vernon (Montgomery), Ga.

As called for by the Superintendent of Banks

D. A. McRAE, JR., President.
Date of Charter: 12-21-1900

G. E. HUGHES, Cashier.
Began Business: 1-24-1901

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 511,470.06

United States Government oblip-

tions, direct and guaranteed 724,515.63

Obligations of States and political

subdivisions. . . . . . . . . . . . 231,739.94

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . 1,040,244.64

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . 19,877.29

Real estate owned other than bank

premises. . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . . . . . . . . .

7,216.41

Total Assets......$ 2,535,063.97

LIABILITIES
Demand deposits$ Time and savings deposits. Deposits of U.S. Government. Dep<?sits of States and political sub-
divisions..... Deposits of banks... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ing.. Other liabilities. . Capital notes and debentures. Preferred stock.. Common stock... Surplus...... Undivided profits.. Reserves.......

930,040.81 903,972.11
17,881.49 399,459.23
5,595.98 53,146.47
None
None 34,522.51
None None 100,000.00 50,000.00 40,445.37 None

Total Liabilities.$ 2,535,063.97

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Nashville (Berrien), Ga.

As called for by the Superintendent of Banks

W.D.PERRY, President.
Date of Charter: 2-19-1943

OUIDA N. WILSON, Cashier.
Began Business: 3-1943

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 827,080.86

United States Government oblip-

tions, direct and guaranteed .. 1,036,627.71

Obliga!i~~s of States and political subdiVISIOnS. . ..... 731,526.42

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~t.e~?. -~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank 150,000.00

Loans and discounts, including overdrafts...... 2,605,633.27

Bank premises, furniture and fixtures,

and other assets representing bank premises........ 114,172.91

Real estate owned other than bank premises.......
Customers' liability to this bank on

None

acceptances outstanding. . .

None

- - - - - Other assets. . ......

648.50

Total Assets.....$ 5,465,689.67

LIABILITIES

Demand deposits.$ 2,130,634.51

Time and savings deposits. 2,072,150.04

Deposits of U.S. Government....

55,673.78

Del"!!!ts of States and political sub-

divisions... 480,993.93

Deposits of banks... 281,773.60

Certified and officers' checks, etc. . .

27,746.59

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outltand

ing........

None

Other liabilities....

42,500.00

Capital notes and debentures...

None

Preferred stock.....

None

Common stock..... 100,000.00

Surplus....... 150,000.00

Undivided profits.....

49,217.24

Reserves........ 75,000.00

Total Liabilities....$ 5,465,689.67

FORTY-EIGHTH ANNUAL REPORT

113

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE UNITED BANKING COMPANY Nashville (Berrien), Ga.

As called for by the Superintendent of Banks

H. D. HAND, President.
Date of Charter: 7-10-1924

LUCILLE L. FULLER, Cashier.
Began Business: 7-15-1924

ASSETS

Cash, balances with other banks, and

caah Items In proc:eas of collection$ 909 ,464.79

United States Government obliaa

tiona, direct and auaranteed 917,954.67

Obliptiona of States and poUtical

subdivisions. . 200,106.12

Securities of Federal apncles and

t~r.~~t~~~~. ~~~. -~t~. -~~ 799,765.63

Other securities, corporate stocks and

stock In Federal Reserve Bank.

None

Loans and discounts, lncludina over-

drafts........................ 2,212,989.18

Bank premises, furniture and fixtures,

and other assets repreaentina bank

premises..................... 124,767.06

Real estate owned other than bank

premises. . .

None

Customers' UabiUty to this bank on

acceptances outatandlna.

None

Other assets.

8,270.00

Total Aaaets$ 5,173,317.45

LIABILITIES

Demand deposita.$ 1,756,333.13

Time and savlnp deposita 1,922,200.05

Deposita of U.S. Government 23,759.00

De~ta of States and poUtlcal sub-

dhU!ona. 554,831.52

Deposits of banks. 193,635.21

Ceitlfied and officers' checks, etc 40,221.45

Other Uabllitles for borrowed money. 300,000.00

Acceptances executed by or for ac-

count of this bank and outstand-

l n a . .

None

Other Uabllitles. . 45,001.50

Capital notes and debentures

None

Preferred stock

None

Common stock 100,000.00

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

Undivided profits 37,335.59

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

None

Total Liabilities...............$ 5,173,317.45

STATEMENT Showing condition at the close of business December 31, 1967, of
BANK OF NEWINGTON Newington (Screven), Ga.

As called for by the Superintendent of Banks

HORACE V. WELLS, President.
Date of Charter: 7-7-1919

ERNEST E. LEE, Cashier.
Began Business: 8-14-1919

ASSETS

Cash, balances with other banks, and caah items In process of coiJectlon$ 196,380.51

United States Government obliaa tiona, direct and auaranteed 163,887.14

Obliptlona of States and poUtical subdivisions.................. .

None

Securities of Federal apncles and

~r.~t~~~. ~~~. -~t~~~- -~~

None

Other securities, corporate stocks and stock In Federal Reserve Bank

None

Loans and discounts, includlna overdrafts....................... . 338,878.59

Bank premiaea, furniture and fixtures,

and other assets repreaentina bank premises.................... .

7,669.58

Real estate owned other than bank premises................... ..

None

Customers' UabiUty to this bank on

acceptances outstandlna.

None

- - - - - Other assets.................. ..

None

Total Aaaets.................$ 706,815.82

LIABILITIES
Demand deposita................$ Time and savinp deposita. Deposita of U.S. Government
nectC::..:.f. ~t~~~.~~~ -~~~~ .s~~
Deposita of banks.. Certified and officers' checks, etc.. Other Uabllities for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outatandlna......................... . Other Uabilities. . .... Capital notes and debentures Preferred stock.. Common stock..... Surplus....................... . Undivided profits... Reserves..................... ..

420,186.54 139,558.22
670.00 28,726.07
None 27,520.01
None
None None None None 15,000.00 55,000.00 20,154.98 None

Total Liabilities...............$ 706,815.82

114

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS & SOUTHERN NEWNAN BANK Newnan (Coweta), Ga.

As called for by the Superintendent of Banks

W. W. WILLIAMS, JR., President.
Date of Charter: 2-25-1955

JACK W. FICKEN, JR., Cashier.
Began Business: 2-25-1955

ASSETS

Cash, balances with other banks, and

cash Items In process of collection$ 852,494.35

United States Government oblip

tlons, direct and guaranteed 2,983,383.35

ObHptions of States and poUtical

subdivisions..... 1,988,456.10

Securities of Federal asencies and

t~r.~~t~~~- ~~~. -~~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..

10,125.00

Loans and discounts, includins over-

drafts...... 7,167,823.66

Bank premises, furniture and f"axtures,

and other assets representinl bank

premises. 424,464.79

Real estate owned other than bank

premises..

None

Customers' liability to thia bank on

acceptances outstandins. ..

None

Other assets....... 106,987.51

Total Assets..$13,533,734.76

LIABILITIES

Demand deposits$ 4,355,449.12

Time and savlnp deposits. 6,908,961.18

Deposits of U.S. Government....... 65,801.78

DePC?sits of States and poHtical sub-

divisions.. 880,888.26

Deposits of banks 200,000.00

Certified and officers' checks, etc.. 12,984.91

Other Habilities for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

lns....

None

Other Habilities. ... 91,959.03

Capital notes and debentures..

None

Preferred stock..

None

Common stock. 300,000.00

Surplus 600,000.00

Undivided profits.. 42,690.48

Reserves....

75,000.00

Total Liabilities.$13,533,734.76

STATEMENT

Showing condition at the close of business December 31, 1967, of

BAKER COUNTY BANK Newton (Baker), Ga.

As called for by the Superintendent of Banks

ALBERT W. BARBER, President.
Date of Charter: 10-4-1906

0. C. SINDERSINE, Cashier.
Began Business: 10-15-1906

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 150,634.78

United States Government obllp-

tions, direct and guaranteed ... 384,741.00

ObHptions of States and poHtical

subdivisions......... 58,145.00

Securities of Federal qencies and

t~~~~t~~~~ ~~~. -~~~t.e~?. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includinl overdrafts........ 1,102,842.96

Bank premises, furniture and fixtures,

and other assets representinl bank

premises. . . . . . . . .

3,083.30

Real estate owned other than bank

premises. . . . . .

None

Customers' Hability to thia bank on

acceptances outstandins.

None

Other assets....... _ _ _ _N_o_ne

Total Assets.....$ 1,699,447.04

LIABILITIES Demand deposits$ Time and savlnp deposits Deposits of U.S. Government.. Del"?'!ts of States and poHtical sub-
divisions... Deposits of banks Certified and officers' checks, etc Other Habilitles for borrowed money. Acceptances executed by or for ac-
count of thia bank and outstand ins... Other Habilities. Capital notes and debentures... Preferred stock..... Common stock. Surplus . . . . . Undivided profits... Reserves.........

814,491.31 215,658.73
1,797.60 330,234.63
None 16,990.83
None
None 15,309.27
None None 100,000.00 125,000.00 79,964.67 None

Total Liabilities...$ 1,699,447.04

FORTY-EIGHTH ANNUAL REPORT

115

STATEMENT

Showing condition at the clnSP. l)f business December 31, 1967, of

NICHOLLS STATE BANK Nicholls (Coffee), Ga.

As called for by the Superintendent of Banks

RALPH G. LOTI, President.
Date of Charter: 12-2-1952

R.E.LOTT, Cashier. Began Business: 1-2-1953

ASSETS

Cash, balances with other banka, and

cash items in process of collection$ 188,342.19

United States Government oblip

tiona, direct and guaranteed 650,661.17

Obliptions of States and poUtical

subdivisions

None

Securities of Federal agencies and
. .. t~r.~~~~~~ ~~~ ~~t~~~. -~~ 200,625.00

Other securities, corporate stocka and

stock in Federal Reserve Bank

None

Loans and discounts, including over drafts. 284,090.87

Bank premises, furniture and f"u:tures,

and other assets representing bank premises.

7,859.58

Real estate owned other than bank premises

None

Customers' UabiUty to this bank on

acceptances outstanding.

None

- - - - Other assets.

None

Total Assets$ 1,331,578.81

LIABILITIES
Demand depoalta$ Time and savinp depoalts Depoalta of U.S. Government DeJIC!I!ta of States and poUtical sub-
dlvisions Depoalts of banka Certified and officers' checka, etc Other UabiUties for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding Other UabiUties. Capital notes and debentures Preferred stock Common stock Surplus Undivided profits Reserves.

553,766.87 597,034.72
7,907.16 65,894.26
None 1,627.96
None
None 4,353.53
None None 50,000.00 30,000.00 20,994.31 None

Total LiabiUties$ 1,331,578.81

STATEMENT Showing condition at the close of business December 31, 1967, of

THE BANK OF NORCROSS Norcross (Gwinnett), Ga.

As called for by the Superintendent of Banks

JOEL. SHORT, President.
Date of Charter: 12-12-1903

J. S. NESBIT, Cashier. Began Business: 2-1-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 426,168.44

United States Government oblip-

tions, direct and guaranteed 745,270.00

Obliptions of States and poUtical

subdivisions. 202,373.65

Securities of Federal agencies and

~r.~~~~. ~~~. -~~~- .~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and diacounts, including over-

drafts.. 2,168,571.31

Bank premises, furniture and fixtures,

and other assets npresenting bank

premises 105,849.01

Real estate owned other than bank

p r e m i s e s

None

Customers' UabiUty to this bank on

acceptances outstanding. ..

None

- - - - Other assets

None

Total Assets.$ 3,748,232.41

LIABILITIES

Demand deposits$ 1,540,871.51

Time and savings depoalta. 1,203,348.55

Deposita of U.S. Government. 15,207.96

De&::::n:.'. ~t~~~.~~~ -~~~ -~~ 379,978.55

Deposita of banks.

None

Certified and officers' checks, etc...

8,045.90

Other UabiUties for borrowed money.

None

Acceptances exeo:uted by or for ac-

count of this bank and outatand-

ing

None

Other UabiUties. .. 239,891.51

Capital notes and debentures

None

Preferred stock

None

Common stock S u r p l u s Undivided profits Reserves.

200,000.00 120,000.00
40,888.43 None

Total Liabilities$ 3,748,232.41

116

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF OCILLA, GEORGIA Ocilla (Irwin), Ga.

As called for by the Superintendent of Banks

JACK WILLIS, President.
Date of Charter: 9-20-1956

R. 0. PAULK, Cashier. Began Business: 10-1-1956

ASSETS

Cash, balances with other banks, and

cash items in procesa of collection.$ 596,329.06

United States Government obliptions, direct and paranteed

3 0 7 , 6 2 7 .so

Obligations of States and political

subdivisions. . . . .

48,933.16

Securities of Federal aaencies and
. .. t~r.~~~~~ ~~~ ~~~t~~..~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

60,000.00

Loans and discounts, includina over-

drafts. . 2,243,499.17

Bank premises, furniture and f"axtures,

and other asaets represantina bank

premises. . .

20,188.09

Real estate owned other than bank

premises. . . . . . . .

None

Customen' liability to this bank on

acceptances outstandinJ. .

None

Other asaets. . .

416.26

Total Assets..$ 3,476,993.24

LIABILITIES
Demand deposita.$ Time and savinp deposita.. Deposits of U.S. Government
De~~'.:.'. ~t~~~. ~~ -~~t~c-~ _s~~
Deposits of banks...... Certified and officen' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandinJ. Other liabilities. Capital notes and debentures Preferred stock.. Common stock... Surplus. Undivided prof"ats. Reserves.

1,538,409.77 1,321,532.83
15,364.64
238,727.16 17,518.07 68,037.14 None
None 43,103.96
None None 100,000.00 100,000.00 34,299.67 None

Total Liabilities..$ 3,476,993.24

STATEMENT

Showing condition at the close of business December 31, 1967, of
THE FIRST STATE BANK OF OCILLA Ocilla (Irwin), Ga.

As called for by the Superintendent of Banks

OTTO GRINER, President.
Date of Charter: 5-11-1943

E. J. PATTEN, Cashier. Began Business: 6-1-1943

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 427,551.83

United States Government oblip-

tions, direct and paranteed . 2,105,328.99

Obli&a!ic;>~ of States and political subdivisions. . 215,364.20

Securities of Federal apncies and

t?.~t~~~ .~~~. -~t~~~. -~~ 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includina over-

drafts........................ 2,549,612.04

Bank premises, furniture and f"axtures,

and other asaets representin& bank

p r e m i s e s . .

59,591.29

Real estate owned other than bank

premises..

None

Customers' liability to this bank on

acceptances outstandinJ. .

None

Other asaets. ..

None

Total Assets..$ 5,657,448.35

LIABILITIES

Demand deposits$ 2,713,934.41

Time and saviop deposita 1,945.984.23

Deposits of U.S. Government

19,076.23

DeJM!S!ts of States and political sub-

divisions.. 364,890.80

Deposita of banks

None

Certif"aed and officers' checks, etc

23,883.25

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

i n a .

None

Other liabilities.

31,595.00

Capital notes and debentures.

None

Preferred stock.. Common stock... S u r p l u s. . . . Undivided prof"ats..
Reserves...

None 100,000.00 300,000.00
127,352.88 30,731.55

Total Liabilities..$ 5,657,448.35

FORTY-EIGHTH ANNUAL REPORT

117

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF OGLETHORPE Oglethorpe (Macon), Ga.

As called for by the Superintendent of Banks

JOHN F. WILLIAMS, President.
Date of Charter: 2-5-1901

BLANCHE R. WILLIAMS, Cashier.
B_egan Business: 2-8-1901

ASSETS

Cash, balances with other banks, and

cash items in proceaa of collection$ 1,121,696.33

United States Government obliaa

tions, direct and auaranteed 517,609.22

Obliaations of States and poHticaJ

subdivisions. . 272,149.74

Securities of Federal apncies and

. ~r.~~t~~~~ ~~~. -~~~t~~. -~~ 618,952.78

Other securities, corpc.ate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includina over-

drafts..... 1,473,482.45

Bank premises, furniture and f"lXtures,

and other assets representina bank

p r e m i s e s .

7,000.00

Real estate owned other than bank

p r e m i s e s . . .

None

Customers' Habillty to this bank on

acceptances outstandina.

None

Other assets. . .

None

Total Assets..$ 4,010,890.52

LIABILITIES

Demand deposits$ 1,454,765.61

Time and savinp deposits 1,447,174.78

Deposits of U.S. Government.

7,638.68

De~:..:.'. ~t~~~. ~~~ .P_O.~t~c-~ .s~~ 716,579.02

De~ts of banks..

None

Certified and officers' checks, etc

33,711.92

Other Habllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina. Other Habillties..

None 63,354.04

Capital notes and debentures

None

Preferred stock.

None

Common stock.... Surplus.

60,000.00 60,000.00

Undivided profits 167,241.86

Reserves

424.61

Total Liabillties..$ 4,010,890.52

STATEMENT Showing condition at the close of business December 31, 1967, of

FIRST - PALMETTO BANK Palmetto (Fulton), Ga.

As called for by the Superintendent of Banks

EARL A SMITH, President.
Date of Charter: 6-29-1918

PEGGIE P. DENNIS Cashier.
Began Business: 7-10-1918

ASSETS
Cash, balances with other banks, and cash items in proceaa of collec:tion$
United States Government obliaa tiona, direct and auaranteed
Obliaations of States and poHticaJ subdivisions. .
Securities of Federal apncies and
t~r.~t~~~ .~~~. -~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and diacounts, includina overdrafts... -
Bank premises, furniture and fixtures, and other assets representina bank premises...
Real estate owned other than bank premises.
Customers' Habillty to this bank on acceptances outstandlna. . ...
Other assets. ..

320,843.37 130,000.00
14,921.95
470,119.80 None
673,071.80
42,530.82 None None
1,800.00

Total Assets...$ 1,653,287.74

LIABILITIES
Demand deposits..$ Time and savinp deposits Deposits of U.S. Government
De~:..:.'. ~t~~~. ~~~ -~~~c-~ .s~~
Deposits of banks Certified and officers' checks, etc. Other Habillties for borrowed money. Acceptances exe.,;uted by or for ac-
count of this bank and outstandina. Other Habillties. .. Capital notes and debentures... Preferred stock... Common stock. S u r p l u a . Undivided profits. Reserves.

723,767.76 482,522.26
8,937.66 168,627.72 100,000.00
18,256.16 None
None 7,700.00
None None 50,000.00 50,000.00 3,276.06 40,200.12

Total Liabillties..$ 1,653,287.74

118

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1967, of

THE PATTERSON BANK Patterson (Pierce), Ga.

As called for by the Superintendent of Banks

W.C.DAVIS, President.
Date of Charter: 6-19-1907

LEOLA GRINER, Cashier.
Began Business: 6-19-1907

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection $ 156,530.27

United States Government obUptlons, direct and guaranteed 203,812.50

Obliptions of States and political s u b d i v i s i o n s .

16,827.76

. .. .. Securities of Federal apndes and ~r.~~t~~~~ ~~~ ~~~t~~~ ~~ 100,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and discounts, including overdrafts 456,140.41

Bank premises, furniture and f"axtures,

and other assets representing bank premlaea.

3,347.04

Real estate owned other than bank premises..

None

Customers' liability to thia bank on

acceptances outstanding.

None

- - - - - Other assets. ..

None

Total Aaets$ 936,657.98

LIABILITIES
Demand deposits$ Time and savings deposits Deposits of U.S. Government.
De~~~'. ~t~~~. ~~~ .P_O.~~~ .s~~
Deposits of banks. Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding Other liabilities. . Capital notes and debentures. Preferred stock Common stock.. Surplus. Undivided profits Reserves

532,982.90 141,466.66
1,560.00 127,436.74
None 8,749.85
None
None None None None 50,000.00 50,000.00 24,461.83 None

Total Liabilities.$ 936,657.98

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FAYETTE STATE BANK Peachtree City (Fayette), Ga.

As called for by the Superintendent of Banks

W.F.FARR, President.
Date of Charter: 1-31-1964

W.F.FARR, Cashier. Began Business: 2-1-1964

ASSETS

Cash, balances with other banks, and

cash items in proceu of collection$ 310,846.33

United States Government obUp-

tions, direct and guaranteed . 481,755.45

ObUptions of States and political

subdivillons. .

40,000.00

Securities of Federal apndes and

. .. .. t~r.~t~~~ ~~~ ~~~t~~? ~~ 660,389.35

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts.... 1,495,961.34

Bank premises, furniture and fixtures,

and other assets representing bank

premises.....

19,291.42

Real estate owned other than bank premises......

None

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

None

Other assets. .....

2,286.35

Total Assets..$ 3,010,530.24

LIABILITIES

Demand deposits.$ 1,094,013.04

Time and savings deposits. 1,206,105.73

Deposits of U.S. Government.

2,998.34

Derv::.:.'. ~t~~~. ~~ .P_O.~~~ .s~~ 289,844.09

Deposits of banks

5,352.64

Certified and officers' checks, etc 11,022.39

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities. 126,774.48

Capital notes and debentures

None

Preferred stock

None

Common stock. 100,000.00

Surplus 100,000.00

Undivided profits 74,419.53

Reserves..

None

Total Liabilities$ 3,010,530.24

FORTY-EIGHTH ANNUAL REPORT

119

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS EXCHANGE BANK OF PEARSON Pearson (Atkinson), Ga.

As called for by the Superintendent of Banks

ROBERT A. SUMMERLIN, President.
Date of Charter: 1-19-1943

H. T. SCRUGGS, Cashier.
Began Business: 5-12-1945

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 483,904.55

United States Government oblip-

tions, direct and guaranteed 1,454,102.14

Obliptions of States and political

s u b d h i s i o n s .

None

Securities of Federal a1endes and

. tT~~t~~~~ ~~~. -~~t~~~. -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includin1 over-

drafts.. 783,397.10

Bank premises, furniture and raxtures,

and other assets representin1 bank

premises

3,365.86

Real estate owned other than bank p r e m i s e s .

None

Customers' liabiUty to this bank on

acceptances outstandin1. Other assets.

None None

Total Assets$ 2,824,769.65

LIABILITIES

Demand deposita$ 1,443,025.26

Time and savinp deposita. 944,862.24

Deposita of U.S. Government.

3,532.33

De~:.:.'. ~t~~~ -~~~ po!i.t~c-~ ~~~ l72,85674

Deposits of banks. 20,000.00

Certified and officers' checks, etc.

8,490.11

Other liabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n l

None

Other liabiUties. . 18,796.56

Capital notes and debentures

None

Preferred stock

None

Common stock 50,000.00

Surolus. 100,000.00

Undivided profits.

53,206.41

Reserves..

10,000.00

Total LiabiUties.$ 2,824,769.65

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS BANK OF PELHAM Pelham (Mitchell), Ga.

As called for by the Superintendent of Banks

F. B. HAND, President.
Date of Charter: 8-25-1902

R. STEVE TAYLOR, Cashier.
Began Business: 9-1-1902

ASSETS

Cash, balances with other banks, and

cash items in proc- of collection$ 1,226,723.58

United States Government oblip-

tions, direct and guaranteed 1,164,860.94

Obliptions of States and political

subclmsions 537,250.00

Securities of Federal qendes and

~r.~t~~~ .~~~. -~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includin1 over-

drafts 2,967,380.06

Bank premises, furniture and fixtures,

and other assets representinl bank

premises.

26,651.50

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstandins. ..

None

Other assets.

21,181.94

Total Aaeta.$ 5,944,048.02

LIABILITIES

Demand depollits.$ 2,023,729.99

Time and savinp deposita 1,939,699.99

Deposita of U.S. Government

10,405.31

De~:.:.'. ~t~~~.~~ -~~~~ .s~~ 1,288,408.01

Depollita of banks.

None

Certified and officers' checks, etc

25,026.95

Other liabiUties for borrowed money.

None

Acceptances exe.,uted by or for ac-

count of this bank and outatand-

i n l . .

None

Other liabilities..

85,669.75

Capital notes and debentures

None

Preferred stock.

None

Common stock. 150,000.00

Surplus.. 300,000.00

Unclmded profits. Reserves

121,108.02 None

Total Liabilities$ 5,944,048.02

120

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

PELHAM BANKING COMPANY Pelham (Mitchell), Ga.

As called for by the Superintendent of Banks

DR. J. C. BRIM, President.
Date of Charter: 12-4-1936

WENDELL A. ADAMS, Cashier.
Began Business: 12-8-1936

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 510,873.00

United States Government obliga-

tions, direct and guaranteed 895,368.78

Obfiga~ic;>~s of States and pofitical

subdiYJStons. . ........ 571,963.89

Securities of Federal agencies and

. t~r.~~t~~~~ ~~~. -~~~t~~~. -~~ 350,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over

drafts............ 2,754,843.37

Bank premises, furniture and f"txtures,

and other assets representing bank

premises...

65,538.06

Real estate owned other than bank

premises.......

None

Customen' liability to this bank on

acceptances outstanding.

None

- - - - - Other assets. ....

None

Total Assets.$ 5,148,587.10

LIABILITIES

Demand deposits...$ 1,911,365.17

Time and savings deposits. .. 2,051,049.93

Deposits of U.S. Government.

25,905.44

De~ts of States and pofitical sub

divisions............. 528,421.14

Deposits of banks......

None

Certffied and off"tcen' checks, etc..

36,283.68

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....

None

Other liabilities.....

None

Capital notes and debentures..

None

Preferred stock....

None

Common stock...... 150,000.00

Surplus..... 350,000.00

Undivided prof"tts....

75,561.74

Reserves.....

20,000.00

Total Liabilities.$ 5,148,587.10

STATEMENT Showing condition at the close of business December 31, 1967, of

THEPEMBROKESTATEBANK Pembroke (Bryan), Ga.

As called for by the Superintendent of Banks

H. B. WARNELL, President.
Date of Charter: 12-29-1937

E. B. MILES, Cashier. Began Business: 2-11-1938

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obliga tiona, direct and guaranteed ..
Obligations of States and pofitical subdivisions. ..
Securities of Federal agencies and
~~t~~~~. ~~~. -~~t~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, including over drafts......
Bank premises, furniture and f"txtures, and other assets representing bank premises......
Real estate owned other than bank premises.....
Customen' liability to this bank on acceptances outstanding.
Other assets. .....

405,090.66 1,218,739.03
13,052.50
None None 1,528,227.77
63,844.35 None None
25,858.38

LIABILITIES

Demand deposits....$ 1,271,654.21

Time and savings deposits. 1,161,501.94

Deposits of U.S. Government.

22,807.22

De~ts of States and pofitical sub-

divisions........ 406,640.16

Deposits of banks.....

None

Certlf"ted and off"tcers' checks, etc

22,898.92

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......

None

Other liabilities... 123,024.93

Capital notes and debentures.

None

Preferred stock.....

None

Common stock.....

75,000.00

Surplus....... 100,000.00

Undivided prof"tts.....

71,285.31

Reserves.......

None

Total Assets...$ 3,254,812.69

Total Liabilities.....$ 3,254,812.69

FORTY-EIGHTH ANNUAL REPORT

121

STATEMENT

Showing condition at the close of business December 31, 1967, of

PERRY LOAN & SAVINGS BANK Perry (Houston), Ga.

As called for by the Superintendent of Banks

W. V. TUGGLE, President.
Date of Charter: 8-20-1889

H. J. JENNINGS, Cashier.
Began Business: 1889

ASSETS Cash, balances with other banks, and
cash items in process of coUection$ United States Government obliga-
tions, direct and guaranteed Obliptions of States and political
subdivisions. . Securities of Federal apncies and
t~r.~~t~~~~ ~~~ ~~t~~ .~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including overdrafts........
Bank premises, furniture and flxtures, and other assets representing bank premises..
Real estate owned other than bank p r e m i s e s . . . . . . . .
Customers liability to this bank on acceptances outstanding. .
Other assets. ..

1,240,740.54 2,172,878.26
462,600.60
None None 3,435,278.97
85,000.00 None None
16,544.82

Total Assets.....$ 7,413,043.19

LIABILITIES

Demand deposits$ 2,958,868.41

Time and savings deposits. 2,091,167.53

Deposits of U.S. Government..

74,425.15

De~:O:.f. ~~~~~. ~~~ .~~t~c.~ .s~~ 1,388,243.52

Deposits of banks......

None

Certified and officers' checks, etc

12,412.34

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....

None

Other liabilities. ..

62,272.41

Capital notes and debentures..

None

Preferred stock.

None

Common stock.... 200,000.00

Surplus 300,000.00

Undivided profits.. 325,653.83

Reserves.

None

Total Liabilities$ 7,413,043.19

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF PINEHURST Pinehurst (Dooly), Ga.

As called for by the Superintendent of Banks

ALTON P. DRAUGHON, President.
Date of Charter: 1-1-1908

ALTON P. DRAUGHON, Cashier.
Began Business: 1904

ASSETS
Cash, balances with other banks, and cash items in process of collection.$
United States Government obligations, direct and guaranteed .
Obligations of States and political subdivisions....
Securities of Federal apncies and
t~r.~t~~~ ~~~ ~~~t~~~~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, including overdrafts....
Bank premises, furniture and fixtures, and other assets representing bank premises.....
Real estate owned other than bank premises......
Customers liability to this bank or' acceptances outstanding. ....
Other assets. . . . . . .

524,056.07 353,620.42
25,000.00
399,906.25 None
640,962.19
7,573.01 None None None

Total Assets....$ 1,951,117.94

LIABILITIES

Demand deposits$ 1,114,449.50

Time and savings deposits 474,312.48

Deposits of U.S. Government

4,248.90

De~:O:.f. ~t~~e~.~~~ .~~~c.~ .s~~ 150,994.49

Deposits of banks

None

Certified and officers' checks, etc

50,098.44

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities. ...

32,196.51

Capital notes and debentures... Preferred stock..

None None

Common stock...

25,000.00

S u r p l u s. . . . .

75,000.00

Undivided profits...

23,275.32

Reserves...

1,542.30

Total Liabilities...$ 1,951,117.94

122

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK Pine Mountain (Harris), Ga.

As called for by the Superintendent of Banks

ROY ASKEW, President.
Date of Charter: 3-22-1909

W. K. JENKINS, Cashier.
Began Business: 4-19-1909

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 617,858.89

United States Government oblip

tlons, direct and guaranteed 430,466.51

Obliptions of States and political

subdivisions. . ... 416,867.32

Securities of Federal asencies and

t~r.~~t~~~~ ~~~. -~~~~t~~~. -~~ 1,330,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and diacounts, includlns over-

drafts... 1,861,401.59

Bank premises, furniture and fixtures,

and other assets representinl bank

premises . .

81,040.71

Real estate owned other than bank

premises . . .

None

Customers' liability to this bank on

acceptances outstandlns

None

Other assets. ..

None

Total Asaets.$ 4,737,635.02

LIABILITIES

Demand deposita$ 1,658,634.56

Time and savinp deposits 1,766,441.31

Deposits of U.S. Government..

14,197.22

De~sits of States and political sub-

divisions..... 873,995.17

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

None

Certified and officers' checks, etc

6,747.64

Other liabilities for bonowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ins

None

Other liabilities.

None

Capital notes and debentures

None

Prefened stock

None

Common stock. 100,000.00

Surplus 100,000.00

Undivided profits 217,619.12

Reserves . . . . . .

None

Total Liabilities..$ 4,737,635.02

STATEMENT Showing condition at the close of business December 31, 1967, of

PITTS BANKING COMPANY Pitts (Wilcox), Ga.

As called for by the Superintendent of Banks

A. C. SHELL, JR., President,
Date of Charter: 6-2-1906

EDWIN W. SHELL, Cashier.
Began Business: 6-1906

ASSETS Cash, balances with other banks, and
cash items in process of collection.$ United States Government oblip-
tions, direct and guaranteed Oblip!i~~s of States and political
SUbdiVISIOnS. . ... Securities of Federal apncies and
t~r.~t~~~s.. ~~~ . -~~~t~~~~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, includlns overd r a f t s. . . . . .
Bank premises, furniture and fixtures, and other assets representinl bank premises.....
Real estate owned other than bank premises . . . . .
Customers' liability to this bank on acceptances outstandins......
Other assets..

315,583.15 275,800.00
5,000.00
210,000.00 None
363,107.38
301.00 None None None

Total Asaets.......$ 1,169,791.53

LIABILITIES Demand deposits..$ Time and savinp deposits Deposits of U.S. Government
~C:::.:.f. ~t~~~.~~~ -~~t~c-~ .s~~:
Deposits of banks... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandins.... Other liabilities. . . . Capital notes and debentures.. Prefened stock... Common stock...... Surplus . . . . . . . . . . Undivided profits... Reserves....

584,071.74 342,007.33
574.53 118,949.86
None 5,967.28
None
None None None None 25,000.00 25,000.00 15,000.00 53,220.79

Total Liabilities....$ 1,169,791.53

FORTY-EIGHTH ANNUAL REPORT

123

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF QUITMAN Quitman (Brooks), Ga.

As called for by the Superintendent of Banks

JESSE F. JONES, President.
Date of Charter: 12-26-1888

A. C. LOWE, Cashier. Began Business: 12-31-1888

ASSETS

Cash, balances with other banks, and

caah items in proceaa of coDection$ 857,313.94

United States Government obllp-

tions, direct and guaranteed 835,936.58

Obliptions of States and political

subdivisions. . . 735,526.41

Securities of Federal aaencles and

tT.~t~~~~ ~~ ~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Lodarnas fantds.d.i.s.c.o.u.n.t.s., .in..c.lu.d.i.n.g..o.v..a.- 2,233,773.68

Bank premise&, furniture and fixtures,

and other assets representing bank

premise&.. .. .. .. .. .. 16,389.05

Real estate owned other than bank

premise&. . . . . . 20,750.00

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets.. .. .. .. .. .. .. .. .. ..

None

Total Assets..$ 4,699,689.66

LIABILITIES

Demand deposita$ 2,327,825.95

Time and savinp deposita. 1,345,197.77

Deposita of U.S. Government....... 15,820.30

DeJIC!B!tl of States and political sub-

divisions. . . 426,618.90

Deposits of banks. 14,000.74

Certified and officers' checks, etc. . 114,944.87

Other liabliities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

lna.............

None

Other liabliities................ . 29,105.64

Capital notes and debentures

None

Preferred stock................. .

None

Common stock 100,000.00

Surplus....................... . 100,000.00

Undivided profits 126,375.49

Reserves..................... .. 100,000.00

Total Liabilities$ 4,699,689.66

STATEMENT Showing condition at the close of business December 31, 1967, of

THE TATTNALL BANK Reidsville (Tattnall), Ga.

As called for by the Superintendent of Banks

RALPH HUCKABEE, President.
Date of Charter: 9-21-1964

E. B. REGISTER, Cashier.
Began Business: I 0-8-1964

ASSETS

Cash, balances with other banks, and

caah items in process of coUectlon$ 450,577.13

United States Government obllp-

tions, direct and auaranteed . 975,899.75

Obllptions of States and political

subdivisions.................. . 451,779.66

Securities of Federal agencies and

t~r.~t~~~~ ~~~. -~~~t~~~. -~~ 498,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Lodaranfstsa.n.d..d.is.c.o.u.n.t.s,.i.n.c.lu.d.i.n.1.o.v.e.r-. 2,106,202.87

Bank premises, furniture and fixtures,

and other assets representin1 bank

premise&.................... .

94,980.02

Real estate owned other than bank

premise&................... ..

1.00

Customers' liability to this bank on acceptances outstandlq. .

None

Other assets................... .

1,053.01

LIABILITIES

Demand deposita................$ 1,689,655.55

Time and savinal deposita 1,622,823.12

Deposita of U.S. Government 214,356.08

~:.:.f. ~t~~~.~~~ -~~~~ -~~: 609,407.66

Deposita of banks.

29,089.89

Certified and officers' checks, etc

15,861.79

Other liabilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outatand-

inl ........................ .

None

Other liabilities. .. Capital notes and debentures

None None

Preferred stock.

None

Common stock 100,000.00

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

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

97,299.35 None

Total Aaaeta...$ 4,578,493.44

Total Liabilities$ 4,578,493.44

124

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE RENTZ BANKING COMPANY Rentz (Laurens), Ga.

As called for by the Superintendent of Banks

MRS. 0. D. BARRON, President.
Date of Charter: 5-2-1914

MRS. 0. D. BARRON, Cashier.
Began Business: 5-5-1914

ASSETS
Cash, balances with other banks, and cash items in process of coUection$
United States Government obli&a tiona, direct and guaranteed
Obliptions of States and political subdivisions.
Securities of Federal aaencies and
. ~r.~~t~~~~ ~~~. -~~~t~~. -~~
Othe securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, includinJ over draft~. . . . . . .
Bank premises, furniture and fixtures, and other assets representina bank premises.....
Real estate owned other than bank premises......
Customers' liability to this bank on acceptances outstandina. ..
Other assets. ..

345,181.59 709,470.45
None
156,519.07 None
415,500.76
961.64 None None
596.88

Total Asseta.$ 1,628,230.39

LIABILITIES
Demand deposita...$ Time and savinp deposita..
ne.se:::.:.f. Deposits of U.S. Government. ~t~~~. ~~ -~~t~~~ .s~~
Deposits of banks.. Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outatandinJ. Other liabilities. .. Capital notes and debentures... Preferred stock... Common stock.... S u r p l u s . . . Undivided profits Reserves.

718,857.71 553,559.50
3,251.71 189,475.13
10,000.00 None None
None None None None 50,000.00 50,000.00 43,086.34 10,000.00

Total Liabilities.$ 1,628,230.39

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS STATE BANK Reynolds (Taylor), Ga.

As called for by the Superintendent of Banks

W. H. VANLANDINGHAM, President.
Date of Charter: 9-8-1922

LAWANNA HILL, Cashier.
Began Business: 9-8-1922

ASSETS

Cash, balances with other banks, and cash items in process of coUection$ 894,369.26

United States Government obliptions, direct and guaranteed 243,734.22

Obliptions of States and political subdivisions. ..... 376,286.15

Securities of Federal aaencies and
~r.~t~~~. ~~~. -~t~~~- -~~ 352,455.48

Other securities, corporate stocks and stock in Federal Reserve Bank..

99,937.50

Loans and discounts, includina overdrafts..... 1,763,934.48

Bank premises, furniture and fixtures,

and other assets representinJ bank premises.....

11,933.10

Real estate owned other than bank premises. . . . .

8,844.45

Customers' liability to this bank on acceptances outstandlna. ...
Other assets. .....

None 7,138.70

Total Assets..$ 3,758,633.34

LIABILITIES

Demand deposits.$ 1,397,5,}4.71

Time and savinp deposita. . 1,468,533.87

Deposits of U.S. Government 24,932.78

De(K!S!ts of States and political sub-

divisions..... 334,049.90

Deposita of banks..... 111,697.89

Certified and officers' checks, etc 47,734.75

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-

i n a . . . .

None

Other liabilities.

6,000.00

Capital notes and debentures......

None

Preferred stock......

None

Common stock....... 100,000.00

Surplus........ 100,000.00

Undivided profits....

30,569.41

Reserves.... 137,520.03

Total Liabilities....$ 3,758,633.34

FORTY-EIGHTH ANNUAL REPORT

125

STATEMENT

Showing condition at the close of business December 31, 1967, of

WILLIAMS BANKING COMPANY Rhine (Dodge), Ga.

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, and
cash Items In process of coUectlon$ United States Government obllp-
tions, direct and guaranteed Obllptions of States and political
subdivisions. ... Securities of Federal agencies and
t~.r~~t~~~~ .~~~ .-~~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including overdrafts.......
Bank premises, furniture and fixtures, and other assets representing bank premises...
Real estate owned other than bank premises.........
Customers' liability to this bank on acceptances outstanding.
Other assets. . ...

101,939.04 709,612.33
None
99,851.56 None
305,495.06
834.75 None None None

Total Assets...$ 1,217,732.74

LIABILITIES Demand deposits$ Time and savinp deposits Deposits of U.S. Government
De~:~f- ~t~~~.~~~ -~~-t~c-~ .s~~
Deposits of banks Certified and officers' checks, etc Other Uabillties for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand ina- .. Other liabilities. Capital notes and debentures. Preferred stock Common stock.. Surplus . . . . Undivided profits. Reserves....

442,062.07 482,496.03
23.94 84,397.56
None 1,553.23
None
None None None None 100,000.00 75,000.00 32,199.91 None

Total Liabillties...$ 1,217,732.74

STATEMENT Showing condition at the close of business December 31, 1967, of
RICHLAND BANKING COMPANY Richland (Stewart), Ga.
As called for by the Superintendent of Banks

E. W. PARISH, JR., President.
Date of Charter: 10-13-1927

RUBYE J. MOORE, Cashier.
Beg~ Business: I 0-15-1927

ASSETS Cash, balances with other banks, and
cash items in process of coUectlon.$ United States Government obllp-
tlons, direct and guaranteed . Obllptions of States and political
subdivisions. . ... Securities of Federal agencies and
~r.~t~~~. ~~~. -~t.e~?. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including overdrafts.......
Bank premises, furniture and fixtures, and other assets representing bank premises....
Real estate owned other than bank premises...
Customers' liability to this bank on acceptances outstanding. . .
Other assets. .....

252,460.87 613,160.77
24,949.91
315,812.50 None
566,771.73
31,541.92 None None
1,498.70

Total Assets....$ 1,806,196.40

LIABILITIES Demand deposits$ Time and savinp deposits Deposits of U.S. Government
De~:~f- ~t~~~.~~~ -~~~~ .s~~:
Deposits of banks. Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances exe.:uted by or for ac-
count of this bank and outstanding.. Other liabilities.. Capital notes and debentures Preferred stock... Common stock.... Surplus . . . . . . . . . Undivided profits. Reserves..

906,469.77 503,402.31
17,499.76 127,456.49
70,372.97 4,079.46 None
None None None None 40,000.00 100,000.00 20,000.00 16,915.64

Totsl Liabilities$ 1,806,196.40

126

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF RINGGOLD Ringgold (Catoosa), Ga.

As called for by the Superintendent of Banks

HERMAN B. TUCKER, President.
Date of Charter: 8-26-1904

AMALEE C. YATES, Cashier.
Began Business: 8-1904

ASSETS

Cash, balances with other banks, and

cash Items In procesa of collection$ 820,625.29

United States Government oblip-

tions, direct and guaranteed 1,569,775.54

Obligations of States and political

subdivisions. . 134,597.04

Securities of Federal a1encles and

t~r.~~t~~~~ . ~~~ ~~~~t~~ ~~ 629,756.25

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, includinl over-

drafts....... 1,733,702.35

Bank premises, furniture and nxtures,

and other assets repr-ntinl bank

premises.. 10,081.03

Real estate owned other than bank

premises.... 35,001.00

Customers' liability to this bank on

acceptances outstandin1

None

Other assets. . ...

4,882.50

Total Assets$ 4,938,421.00

LIABILITIES

Demand deposits.$ 1,823,584.08

Time and savinp deposits......... 1,943,091.90

Deposits of U.S. Government....... 45,813.60

DeJ!C?B!ts of States and political sub-

divisions. . . 722,624.96

Deposits of banks.

None

Ceitified and ofncers' checks, etc. 29,064.03

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n J .

None

Other liabilities. ...

251.70

Capital notes and debentures

None

Preferred stock..

None

Common stock. 100,000.00

Surplus.... 200,000.00

Undivided pronts. 73,990.73

Reserves

None

Total Liabilities.$ 4,938,421.00

STATEMENT Showing condition at the close of business December 31, 1967, of
THECRAWFORDCOUNTYBANK Roberta (Crawford), 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, and
cash Items in process of coUection.$ United States Government oblip-
tlons, direct and auaranteed .. Obliptions of States and political
subdivisions....... Securities of Federal apncies and
t~r.~t~~~ ~~~ ..~~~t~~?~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, includinl overdrafts........
Bank premises, furniture and nxtures, and other assets representinl bank premises........
Real estate owned other than bank premises. . . . . . . . . .
Customers' liability to this bank on acceptances outstandin1. . ..
Other aasets. ..........

412,333.20 328,637.56
46,218.94
494,812.50 None
282,552.74
5,862.30 None None None

Total Assets.....$ 1,570,417.24

LIABILITIES Demand deposits..$ Time and savinp deposits Deposits of U.S. Government. De~ts of States and pontical sub-
divisions. . Deposits of banks. Certined and ofncers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstsndinl.... Other liabilities... Capital notes and debentures Preferred stock Common stock....... Surplus......... Undivided pronts... Reserves. . . . . . . .

577,412.77 503,599.13
None
353,676.45 None
1,919.36 None
None 5,000.00
None None 50,000.00 70,000.00 8,809.53 None

Total Liabilities$ 1,570,417.24

FORTY-EIGHTH ANNUAL REPORT

127

STATEMENT

Showing condition at the close of business December 31, 1967. of

ROCHELLE STATE BANK Rochelle (Wilcox). Ga.

As called for by the Superintendent of Banks

MATT W. ESTES, President.
Date of Charter: 7-8-1947

MATT W. ESTES, Cashier.
B!lgan Business: 8-1-1947

ASSETS Cash, balances with other banks, and
cash items in proc- of collection$ United States Government oblip-
tions, direct and guaranteed ObUgations of States and polltical
subdivisions. Securities of Federal aaencles and
t~r.~t~~~~ ~~. -~~~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including overdrafts..
Bank premises, furniture and fixtures, and other assets representing bank p r e m i s e s
Real estate owned other than bank p r e m i s e s .
Customers' liability to this bank on acceptances outstanding.
Other assets.

572,297.12 310,019.21
27,438.55
279,880.00 None
589,319.92
4,191.71 None None
100,000.00

Total Aasets$ 1,883,146.51

LIABILITIES

Demand deposits$ 1,043,505.73

Time and savinp deposits 508,783.81

Deposits of U.S. Government

19,951.99

De~:.:.'. ~t~~~.~~ .~.H_t~~ .s~~ 123,949.68

Depoalts of banks

None

Certified and officers' checks, etc

8,522.04

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina .................

None

Other liabilities

6,691.80

Capital notes and debentures

None

Preferred stock Common stock.

None 50,000.00

Surplus Undivided profits

75,000.00 46,741.46

Reserves

None

Total Liabilities$ 1,883,146.51

STATEMENT Showing condition at the close of business December 31, 1967, of
THE ROCKMART BANK Rockmart (Polk). Ga.

As called for by the Superintendent of Banks

GEO. H. SCOTT, President.
Date of Charter: I0-30-1900

JAMES E. WHITE, Cashier.
Began Business: 1900

ASSETS

Cash, balances with other banks, and

caah items in p r - of collection$ 738,633.53

United States Government obUgatlons, direct and paranteed 1,872,034.41

Obliptlons of States and polltlcal

subdivisions. 970,879.54

Securities of Federal apncles and

~r.~t~~. ~~~. -~~t~~- -~~ 259,890.63

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts. 4,612,765.15

Bank premises, furniture and fixtures,

and other assets representing bank

premises 130,468.55

Real estate owned other than bank

Cupsretommiaeerss.' Habilitytothisb ank- on

None

acceptances outstandlna.

None

Other assets.

2,241.84

Total Aaeta.$ 8,586,913.65

LIABILITIES

Demand deposits$ 2,548,830.62

Time and savinp deposita. 4,439,982.69

Deposita of U.S. Government....... 57,945.14

~:.:.f. ~t~~~-~~ -~-~~ .s~~ 873,715.74

Deposita of banks.

None

Certified and officers' checks, etc.

6,496.69

Other Habilities for borrowed money.

None

Acceptances exeo;uted by or for ac-

count of this bank and outstand-

i n a . Other Habilities. . Capital notes and debentures Preferred stock Common stock.. S u r p l u s Undivided profits Reserves

None 93,911.11
None. None 150,000.00 250,000.00 138,483.97 27,547.69

Total Liabilities$ 8,586,913.65

128

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE ROME BANK AND TRUST COMPANY Rome (Floyd), Ga.

As called for by the Superintendent of Banks

J. B. DODD, JR., President.
Date of Charter: 4-5-1945

WALLACE C. REED, Cashier.
Began Business: 10-1-1945

ASSETS

Cash, balsnces with other banks, and

cash items in process of collection$ 1,482,276.84

United States Government oblip

tiona, direct and guaranteed 3,091,972.64

Obliga!ic;>J!S of States and political subdiVISIOnS.......... 2,905,393.31

Securities of Federal agencies and

. t~r.~~t~~~~ ~~~. -~~~~t~~. -~~ 1,1 50,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank..

10,000.00

Loans and cliscounts, including overdrafts............ 6,080,878.68

Bank premises, furniture and fixtures,

and other assets representing bank premises...........

181,900.55

Real estate owned other than bank premises............

None

Customers liability to this bank on acceptances outstanding. . . .
Other assets.......

None 70,700.75

Total Assets......$14,973,122.77

LIABILITIES

Demand deposits...$ 5,316,439.63

Time and savings deposits. 7,125,342.68

Deposits of U.S. Government. 109,934.54

Deposits of States and political sub

divisions.......... 1,090,635.18

Deposits of banks.......

30,394.24

Certified and officen' checks, etc..

72,343.57

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing....

None

Other liabilities.... 133,176.31

Capital notes and debentures...

None

Preferred stock......

None

Common stock........ 352,000.00

Surplus........ 300,000.00

Undivided profits....

2,745.24

Reserves........ 440,111.38

Total Liabilities....$ 14,973,122.77

STATEMENT

Showing condition at the close of business December 31, 1967, of

ROSSVILLE BANK Rossville (Walker), Ga.

As called for by the Superintendent of Banks

JAS. H. PALMER, President.
Date of Charter: 7-1-1963

DAVID M. HOUSEND, Cashier.
Began Business: 12-13-1963

ASSETS

Cash, balsnces with other banks, and

cash items in process of coUection.$ 722,605.99

United States Government oblip

tions, direct and guaranteed .... 1,652,113.61

Obligations of States and political

subdivisions. . ........ 719,851.78

Securities of Federal agencies and

tT~t~~~~. ~~~ ..s.u~~~t~~~- -~~ 548,940.08

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and cliscounts, including over

drafts........ 3,525,458.16

Bank premises, furniture and fixtures,

and other assets representing bank

premises........ 137,934.81

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. ...

None

Other assets. ....

38,781.43

Total Assets........$ 7,345,685.86

LIABILITIES

Demand deposits....$ 2,312,884.59

Time and savings deposits. . . . . . 3,669,720.22

Deposits of U.S. Government....... 131,951.69

De~ts of States and political sub-

divisions........ 406,534.18

Deposits of banks..

None

Certified and officers' checks, etc... 34,631.91

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing........

None

Other liabilities...... 365,900.88

Capital notes and debentures.

None

Preferred stock...

None

Common stock....... 250,000.00

Surplus....................... . 62,500.00

Undivided profits....... 111,562.39

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

None

Total Liabilities.......$ 7,345,685.86

FORTY-EIGHTH ANNUAL REPORT

129

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN BANK OF NORTH FULTON Roswell (Fulton), Ga.

As called for by the Superintendent of Banks

HUGH F. LANE, President.
Date of Charter: 1-10-67

TERRELL A. MURPHY, Cashier.
Began Business: 6-10-1967

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 494,767.05

United States Government obllaa-

tions, direct and guaranteed 507,895.42

Obliaa~iona of States and poHticaJ

subdivlalons. .

None

Securities of Federal apncies and

t~r.~~t~~~~ .~~~. -~~t~~. -~~

None

Other securities, corporate stocks and

stock In Federal Reserve Bank..

None

Loans and discounts, lnciudlna over-

drafts........ 1,119,657.53

Bank premises, furniture and f"lxturea,

and other assets representlna bank

premises... 153,966.59

Real estate owned other than bank

premises...

None

Customers' Hability to this bank on

acceptances outstandlnl.

None

Other assets.

12,346.90

Total Assets.$ 2,288,633.49

LIABILITIES
Demand deposits$ Time and aavlnp deposits Deposits of U.S. Government Depc?sits of States and political sub-
divisions. . Deposits of banks Certified and off"lcers' checks, etc Other Habilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandinl. Other Habilities. Capital notes and debentures... Preferred stock..... Common stock.... S u r p l u s . . Undivided profits. Reserves.

854,736.71 685,097.93
1,307.20
199,444.00 None
9,081.69 None
None 127,704.93
None None 200,000.00 150,000.00 61,261.03 None

Total Liabilities.$ 2,288,633.49

STATEMENT Showing condition at the close of business December 31, 1967, of

ROSWELL BANK Roswell (Fulton), Ga.

As called for by the Superintendent of Banks

WALTER A. EAVES, President.
Date of Charter: 3-1-1901

H. VANCE EADDY, JR., Cashier.
Began Business: 3-1901

ASSETS

Cash, balances with other banks, and

cash items In process of colleetion$ 1,896,653.11

United States Government obllaa

tions, direct and auaranteed 2,529,585.75

Obllaations of States and poHticaJ

subdivisions. 1,288,333.60

Securities of Federal apncies and

t~r.~t~~~~. ~~~. -~~~. -~~ 325,085.42

Other securities, corporate stocks and

stock In Federal Reserve Bank..

None

Loans and discounts, lncludlna over-

drafts 6,850,936.60

Bank premises, furniture and fixtures,

and other assets representinl bank

premises.. 124,282.57

Real estate owned other than bank

p r e m i s e s .

None

Customers' Hability to this bank on

acceptances outstandlnl.

None

Other assets.

56,301.57

Total Assets$13,071,178.62

LIABILITIES

Demand deposita$ 4,571,585.24

Time and aavlnp deposits. 6,074,966.78

Deposits of U.S. Government

63,837.47

De~ts of States and poHticaJ sub-

divisions.... 525,094.75

Deposits of banks.... 459,360.54

Certified and officers' checks, etc. 147,824.48

Other Habilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outstand-

inl..

None

Other Habilities.... 188,827.07

Capital notea and debentures

None

Preferred stock. .

None

Common stock..... 300,000.00

Surplus..... 400,000.00

Undivided profits..... 109,682.29

Reserves...... 230,000.00

Total Liabilities.$ 13,071,178.62

130

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

TRI-COUNTY BANK OF ROYSTON Royston (Franklin), Ga.

As called for by the Superintendent of Banks

LAWSON McCONNELL, President.
Date of Charter: 8-9-1941

JOE E. RIDGWAY, Cashier.
Began Business: 9-1-1941

ASSETS

Cash, balances with other banks, and

cash Items In process of coUectlon$ 718,577.39

United States Government obliga

tlons, direct and guaranteed . 1,120,164.55

Obliptions of States and political

subdivisions....... 1,104,802.21

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ -~~~~t~~~. -~~ 265,750.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts....... 2,857,708.97

Bank premises, furniture and flxtures,

and other assets representing bank

premises....... 163,447.76

Real estate owned other than bank

premises..........

None

Customen' liability to this bank on

acceptances outstanding. . ..

None

- - - - - Other assets. ....

266.69

Total Assets..$ 6,230,717.57

LIABILITIES

Demand deposits...$ 2,469,408.05

Time and savings deposits. . 2,974,052.73

Deposits of U.S. Government....... 37,218.86

Depc?sits of States and political sub-

divisions...... 248,455.64

Deposits of banks.

None

Certifled and offlcen' checks, etc.

None

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......

None

Other liabilities. ... 64,974.68

Capital notes and debentures..

None

Preferred stock....

None

Common stock... 200,000.00

Surplus..... 150,000.00

Undivided proflts.... 86,607.61

Reserves . . . .

None

Total Liabilities..$ 6,230,717.57

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF RUTLEDGE Rutledge (Morgan), Ga.

As called for by the Superintendent of Banks

J. M. GRIFFIN, President.
Date of Charter: 9-24-1898

W. E. OXFORD, Cashier.
Began Business: 10-1-1898

ASSETS

Cash, balances with other banks, and

cash Items in process of collection.$ 235,309.12

United States Government obliga-

tions, direct and guaranteed .. 596,188.11

Obliptions of States and political

subdivisions......... 10,134.38

Securities of Federal agencies and

~r.~t~~~s ~~~. -~~~t~~~. -~~ 214,657.81

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts......... 1,203,061.18

Bank premises, furniture and flxtures,

and other assets representing bank premises............

30,844.09

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets.... _ _ _N_o_n_e

Total Assets...$ 2,290,194.69

LIABILITIES Demand deposits......$ Time and savings deposits... Deposits of U.S. Government.. Depc?sits of States and political sub-
divisions........ Deposits of banks..... Certifled and offlcers' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding......... Other liabilities..... Capital notes and debentures.. Preferred stock... Common stock.... Surplus . . . . . . . . . . . Undivided proflts.. Reserves. . . . . . . . . .

712,673.16 981,141.44
5,512.42 367,137.98
None 4,893.46
None
None None None None 50,000.00 50,000.00 113,836.23 5,000.00

Total Liabilities$ 2,290,194.69

FORTY-EIGHTH ANNUAL REPORT

131

STATEMENT

Showing condition at the close of business December 31, 1967, of

ST. MARYS STATE BANK St. Marys (Camden), Ga.

As called for by the Superintendent of Banks

J. B. MILLER, President.
Date of Charter: 4-12-1955

FLEM J. HALL, Cashier.
B~gan Business: 8-4-1955

ASSETS

Cash, balances with other banks, and

caah items in process of collection$ 518,385.49

United States Government oblip

tions, direct and guaranteed 672,377.18

Obligations of States and political

subdivisions.

None

Securities of Federal agencies and

t~T.~~~~~~ .~~~. -~~~~~. -~~ 340,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over

drafts.. 1,352,185.24

Bank premises, furniture and f"atures,

and other assets representing bank

premises.

45,866.42

Real estate owned other than bank

premiaes . . .

9,339.81

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets. ..

6,918.45

Total Assets$ 2,945,072.59

LIABILITIES

Demand deposits$ 1,097,812.25

Time and savinp deposits. 891,952.36

Deposits of U.S. Government. 93,325.68

De~5!ts of States and political sub-

divisions. . 476,772.59

Deposits of banks.

None

Certified and officers' checks, etc.

4,589.88

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

Ing

None

Other liabilities. .. 118,393.02

Capital notes and debentures

None

Preferred stock

None

Common stock.. 50,000.00

Sllfi'IUI 150,000.00

Undivided profits. 62,226.81

Reserves

None

Total Liabilities.$ 2,945,072.59

STATEMENT

Showing condition at the close of business December 31, 1967, of

ST. SIMONS STATE BANK St. Simons Island (Glynn), Ga.

As called for by the Superintendent of Banks

E. R. BUFKIN, President.
Date of Charter: 4-24-1950

RALPH A. WADE, Cashier.
Began Business: 6-1-1950

ASSETS

Caah, balances with other banks, and caah Items in process of coiJection$ 554,166.83

United States Government oblip tions, direct and guaranteed 576,789.27

Obliptions of States and political

subdivisions. 165,316.64

Securities of Federal agencies and
~~~~~. ~~. -~~~- -~~ 550,109.38

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including overdrafts 2,328,733.04

Bank premises, furniture and fixtures,

and other asaets representing bank premises. 127,788.05

Real estate owned other than bank p r e m i s e s . .

21,296.83

Customers' liability to this bank on

acceptances outstanding. .. Other asaets. ..

None 1,194.41

Total Assets$ 4,325,394.45

LIABILITIES

Demand deposits.$ 1,983,203.01

Time and savinu deposits. 1,606,072.30

Deposits of U.S: Government..

57,812.04

De~:.:.'.~~~~.~~~ ..~.~~~ .~~ 189,639.31

Deposits of banks

77,039.20

Certified and officers' checks, etc

59,916.80

Other liabilities for borrowed money.

None

Acceptances exeo;uted by cw for ac-

count of this bank and outstand-

Ing

None

Other liabilities..

48,901.78

Capital notes and debentures

None

Preferred stock

None

Common stock... 100,000.00

Surplus. 175,000.00

Undivided profits Reserves..

27,810.01 None

Total Liabilities$ 4,325,394.45

132

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK OF WASHINGTON COUNTY Sandersville (Washington), Ga.

As called for by the Superintendent of Banks

J. B. WALL, JR., President.
Date of Charter: 1-6-1965

J.P. BARKER, JR., Cashier.
Began Business: 5-3-1965

ASSETS

Cash, balances with other banka, and

cash items in proceu of collection$ 412,473.56

United States Government obliga-

tions, direct and guaranteed 264,234.06

Obligations of States and political

subdivisions. ... 11,000.00

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~~~t~? -~~

0

0

0

300,000.00

Other securities, corporate stocka and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts: ......... 1,440,148.70

Bank premises, furniture and f"u:tures,

and other assets representing bank

premises..... 148,732.88

Real estate owned other than bank

premises.........

None

Customen' liability to this bank on

acceptances outstanding. . ..

None

Other assets. .....

3,308.33

:rotal Assets..$ 2,579,897.53

LIABILITIES

Demand deposits..$ 934,930.62

Time and savings deposits. 1,060,182.06

Deposits of U.S. Government..

4,945.52

De~~sns~f. ~t~~~. ~~~ .P_O.~t~c-~ .s~~: 154,017.10

Deposits of banks..

None

Certified and officen' checka, etc

4,936.27

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing 0 0 0 0 0 0 0.

None

Other liabilities...

None

Capital notes and debentures...

None

Preferred stock...

None

Common stock... 200,000.00

Surplus........ 150,000.00

Undivided prof"rts....

60,885.96

Reserves.....

10,000.00

Total Liabilities...$ 2,579,897.53

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE GEO. D. WARTHEN BANK Sandersville (Washington), Ga.

As called for by the Superintendent of Banks

C. FINDLAY IRWIN, SR., President.
Date of Charter: 3-18-1957

JOHN D. EVERETI, Cashier.
Began Business: 3-18-1957

ASSETS

Cash, balances with other banka, and

cash items in proceu of collection$ 1,858,337.17

United States Government obliga-

tions, direct and guaranteed . 2,510,233.68

Obligations of States and political

subdivisions..... 1,043,329.80

Securities of Federal agencies and

~~t~~~s- ~~~. -~~t~~~. -~~ 0

55,000.00

Other securities, corporate stocka and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts..... 4,116,064.59

Bank premises, furniture and fixtures,

and other assets representing bank

premises.... 124,000.00

Real estate owned other than bank

premises . . . .

None

Customen' liability to this bank on

acceptances outstanding. ... Other assets. ..

None None

Total Assets...$ 9,706,965.24

LIABILITIES

Demand deposita.$ 5,282,484.55

Time and savings deposits. . 2,929,246.40

Deposits of U.S. Government....... 141,643.88

De~ts of States and political sub-

divisions... 570,708.90

Deposits of banka.

None

Certified and officers' checka, etc 27,031.62

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing 0 0 0 0 0 0 0

None

Other liabilities.

8,000.00

Capital notes and debentures.

None

Preferred stock.

None

Common stock.. 200,000.00

Surplus.... 300,000.00

Undivided profits... 247,849.89

Reserves...

None

Total Liabilities...$ 9,706,965.24

FORTY-EIGHTH ANNUAL REPORT

133

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF SARDIS Sardis (Burke), 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, and
cash items in process of collection$ United States Government oblip-
tions, direct and guaranteed Obliptiona of States and political
subdivisions. . Securities of Federal a1endes and
. ~r.~~t~~~~ ~~~. -~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, includinl overdrafts....
Bank premises, furniture and fixtures, and other assets repreaentin1 bank premises........
Real estate owned other than bank premises......
Customers liability to this bank on acceptances outstandinJ.
Other assets. . .

226,903.17 266,452.03
3,000.00
130,000.00 None
733,517.45
54,934.94 None None None

Total Assets....$ 1,414,807.59

LIABILITIES Demand deposits.$ Time and savinp deposits. . .. Deposits of U.S. Government
De~:.:.'. ~t~~~. ~~~ .P_O.~~~~ -~~
Deposits of banks........... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandinJ...... Other liabilities........ Capital notes and debentures. Preferred stock Common stock. Surplua . . . . Undivided profits... Reserves.

530,472.57 561,778.83
1,710.95
135,000.00 4,345.30 3,659.38 None
None 13,959.08
None None 30,000.00 70,000.00 63,881.48 None

Total Liabilities....$ 1,414,807.59

STATEMENT

Showing condition at the close of business December 31, 1967, of

ATLANTIC SAVINGS AND TRUST COMPANY Savannah (Chatham), 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, and

caah items in process of collection.$ 219,798.07

United States Government oblip-

tions, direct and JU&ranteed .. 749,076.25

Obliptions of States and political

subdivisions. .....

None

Securities of Federal apndes and

~~t~~~. ~~~. -~t-e~~. -~~ 49,875.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includinJ over-

drafts... 3,313,105.66

Bank premises, furniture and fixtures,

and other assets repreaentin1 bank

premises.. 135,095.51

Real estate owned other than bank

premises..

None

Customers' liability to this bank on

acceptances outstandinJ. . ..

None

Other assets. ...

16,054.72

Total Assets....$ 4,483,005.21

LIABILITIES

Demand deposita.$

None

Time and savinp deposits. 3,482,679.32

Deposita of U.S. Government. .

None

De~:.:.r. ~t~~~-~~~ -~~~~ .~~~ 345,000.00

Deposits of banks.. 10,000.00

Certified and officers' checks, etc. 44,010.99

Other liabilities for borrowed money.

None

Acceptances exeo;uted by or for ac-

count of this bank and outatandinJ..

None

Other liabilities.. 33,937.87

Capital notes and debentures... Preferred stock. Common stock. Surplua... Undivided profits.. Reserves...

None None 300,000.00 200,000.00 67,174.87 202.16

Total Liabilities..$ 4,483,005.21

134

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THECARVERSTATEBANK Savannah (Chatham), 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, balances with other banks, and

cash items in process of coUection$ 189,809.63

United States Government oblip-

tions, direct and guaranteed 1,114,014.40

Obligations of States and political

subdivisions.. 172,715.61

Securities of Federal aaendes and

t':r.~t~~~s. ~~~ .~~~~t~~ .~~ 100,000.00

Other aecurities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, includina over-

drafts.... 968,020.61

Bank premiaes, furniture and f"axtures,

and other asaets repreaentina bank

premiaes.. 48,651.66

Real estate owned other than bank

premiaes....

None

Customers' liability to this bank on

acceptances outstandina. .

None

Other asaets. . ..

867.21

Total Aaaeta.$ 2,594,079.12

LIABILITIES

Demand depoalts$ 309,193.75

Time and savinp depoaita. 1,600,934.28

Depoaits of U.S. Government. .

None

De~:.:.r. ~t~~~.~~~ .~li.t~c.~ .s~~ 351,463.94

Depoaits of banks. . . . . Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandina.... Other liabilities. ... Capital notes and debentures.... Preferred stock. Common stock.... Surplus Undivided profits. Reaerves

8,000.00 22,017.75
None None 11,904.78 None None 150,000.00 55,720.00 59,228.33 25,616.29

Total Liabilities..$ 2,594,079.12

STATEMENT Showing condition at the close of business December 31, 1967, of

CHATHAM SAVINGS BANK Savannah (Chatham), 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 banks, and

cash items in process of collection.$ 92,722.73

United States Government oblip-

tions, direct and auaranteed . 417,226.60

Obliptions of States and political

subdivisions.... 352,881.08

Securities of Federal aaendes and

t~r.~t~~~~ .~~~ ..~~t~~~..~~

None

Other aecurities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and diacounts, includina over-

drafts......... 3,357,422.36

Bank premises, furniture and fixtures,

and other asaets repreaentinl bank premiaes..... 105,152.36

Real estate owned other than bank premises...........

3,206.79

Customers' liability to this bank on

acceptances outstandina...

None

- - - - Other assets. ....

1.00

Total Assets$ 4,328,612.92

LIABILITIES

Demand deposits.$

328.12

Time and savinp depoaita 3,412,923.71

Deposits of U.S. Government

1,498.01

Del"!'!ta of States and political sub-

divisions... 150,852.40

Deposita of banks.

31,901.08

Certified and officers' checks, etc

7,033.23

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatandina. Other liabilities.. Capital notes and debentures Preferred stock.. Common stock.... S u r p l u s . . Undivided profits... Reserves.......

None 7,456.00
None None 300,000.00 300,000.00 116,620.37 None

Total Liabilities..$ 4,328,612.92

FORTY-EIGHTH ANNUAL REPORT

135

STATEMENT

Showing condition at the close of business December 31, 1967, of

GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah (Chatham), Ga.

As called for by the Superintendent of Banks

S. A. BREWfON, President.
Date of Charter: 7-29-1909

J. LAWRENCE DUNN,
Cashier. Began Business: 8-4-19Q~

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 639,363.79

United States Government oblip-

tions, direct and guaranteed _ 548,154.35

Obliptions of States and political

subdivisions. . 607,980.59

Securities of Federal agencies and

. t~r.~~t~~~~ ~~~. -~~~t~~~. -~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and dlacounts, includina over-

drafts.... 9,708,909.52

Bank Jll'emlaes, furniture and f"axtures,

and other assets representina bank premlaes

492.00

Real estate owned other than bank

premlaes...

2,752.00

Customers' liability to this bank on

acceptances outstandina.

None

Other assets..

130.18

Total Assets...$11,707,782.43

LIABILITIES

Demand deposits$

None

Time and savinp deposits. 10,186,912.36

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

None

DeJK!s!ts of States and political sub-

divisions. . . . 298,513.90

Deposits of banks. . . 45,000.00

Certified and officers' checks, etc.

4,695.50

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

c~noau.n.t..o.f.t.h.is..b.a.n.k..a.n.d..o.u.ts.t.a.n.d-.

None

Other liabilities.

63,993.76

Capital notes and debentures

None

Preferred stock

None

Common stock.. 325,000.00

Surplus....................... . 500,000.00

Undivided JII'Oflts............... . 158,666.91

Reserves. 125,000.00

Total Liabilities...............$11,707,782.43

STATEMENT Showing condition at the close of business December 31, 1967, of

INDUSTRIAL BANK OF SAVANNAH Savannah (Chatham), Ga.

As called for by the Superintendent of Banks

L. R. WYLLY, JR., President.
Date of Charter: 5-20-1954

A. B. GAMMON, JR., Cashier.
Began Business: 5-20-1954

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 139,500.25

United States Government obliptlons, direct and auaranteed . 645,080.06

Obliptlons of States and political subdivisions.................. . 412,347.05

Securities of Federal apncies and

~r.~t~~~. ~~~. -~t~~~- -~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank.. 100,000.00

Loans and discounts, includina overdrafts....................... . 2,000,178.39

Bank premises, furniture and fixtures,

and other assets representina bank p!'emlaes................... ..

17,706.86

Real estate owned other than bank premlaes................... ..

None

Customers' liability to this bank on acceptances outstandiq. ..
Other aasets................... .

None 12,805.43

Total Aasets$ 3,327,618.04

LIABILITIES

Demand deposits................$ 612,083.21

Time and savinp deposits 1,776,510.09

Deposits of U.S. Government

None

~:.:.f. ~t~~~.~~~ .P_O.~~~ .s~~ 240,000.00

Deposits of banks.

None

Certified ond officers' checks, etc

32,292.64

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstsnd-

ina......................... .

None

Other liabilities................ . 264,373.92

Capital notes and debentures..

None

Preferred stock................. .

None

Common stock.. Surplus...................... ..

150,000.00 150,000.00

Undivided profits..

93,830.66

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

8,527.52

Total Liabilities.$ 3,327,618.04

136

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

SAVANNAH BANK AND TRUST COMPANY OF SAVANNAH Savannah (Chatham), Ga.

As called for by the Superintendent of Banks

MALCOLM BELL, JR., President.
Date of Charter: 3-4-1869

CANN COOK, JR., Cashier.
Began Business: 7-1-1869

ASSETS

Calt, balances with other banks, and

cash items in process of coUection$ 13,864,708.88

United States Government obliga-

tions, direct and guaranteed . 13,100,484.38

Obligations of States and political

subdivisions. . . . . . . . . 5,646,520.05

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . .n.o.t . .g.u.a.ra.n.t.ee.d. . .b.y. 4,000.000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 150,000.00

Loans and discounts, including over-

drafts...... . . . . . . . . 42,651,418.05

Bank premises, furniture and nxtures,

and other assets representing bank

premises. . . . . . . . . . . . 1,496,181.07

Real estate owned other than bank

premises. . . . . . . . .

34,765.06

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . . . . . . . . . 701,319.08

Total Assets......$ 81,645,396.57

LIABILITIES

Demand deposits$ 31,759,170.28

Time and savings deposits. 32,840,036.73

Deposits of U.S. Government....... 994,660.70

DefH!sits of States and political sub-

divisions..... 3,886,879.18

Deposits of banks... 2,808,959.64

Certified and ofncers' checks, etc. 1,127,711.49

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..........

None

Other liabilities..... 1,729,999.62

Capital notes and debentures...

None

Preferred stock...

None

Common stock... 1,650,000.00

Surplus.. 3,850,000.00

Undivided profits.. 846,467.94

Reserves.. 151,510.99

Total Liabilities.....$ 81,645,396.57

STATEMENT Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK OF SENOIA Senoia (Coweta), Ga.

As called for by the Superintendent of Banks

SIMPSON D. KIDD, JR., President.
Date of Charter: 3-2-1874

HATTIE S. WHATLEY, Cashier.
Began Business: 1889

ASSETS
Cash, balances with other banks, and cash items in process of coUection..$
United States Government obligations, direct and guaranteed ..
Obliga!i-?'!5 of States and political subdtVJSJons. . . . . . .
Securities of Federal agencies and
b~r,~~t~~~~ ~~~ ..~~~t.e~~~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, including overdrafts.......
Bank premises, furniture and fixtures, and other assets representing bank premises........
Real estate owned other than bank premises.......
Customers' liability to this bank on acceptances outstanding..
Other assets.....

169,093.37 694,242.10
1,400.00
None None 853,600.52
34,090.43 None None
1,033.31

Total Assets.......$ 1,753,459.73

LIABILITIES
Demand deposits$ Time and savings deposits. Deposits of U.S. Government.... Dep<!sits of States and political sub-
divisions . . . . Deposits of banks..... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstanding..... Other liabilities...... Capital notes and debentures... Preferred stock.... Common stock..... Surplus.......... Undivided profits.... Reserves.....

711,608.63 766,745.56
4,655.90 79,283.57
None 1,915.79
None None 64,971.54 None None 30,000.00 55,000.00 29,278.74 10,000.00

Total Liabilities....$ 1,753,459.73

FORTY-EIGHTH ANNUAL REPORT

137

STATEMENT

Showing condition at the close of business December 31, 1967, of

FIRST STATE BANK Shellman (Randolph), Ga.

As called for by the Superintendent of Banks

J. W.CURRY, President.
Date of Charter: 12-31-1958

L. R. RIGSBY, Cashier. Began Business: 1-2-1959

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 302,896.97

United States Government oblip

tiona, direct and guaranteed 423,744.25

ObUptlons of States and poUtical

subdivisions. .. 104,452.97

Securities of Federal a1encles and

. ~r.~~t~~~~ ~~~. -~~~t~~. -~~ 575,164.06

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includinJ over-

drafts.. 1,117,285.36

Bank premises, furniture and fixtures,

and other assets representln1 bank

premises....

8,183.59

Real estate owned other than bank

premises..

None

Customers' Uability to this bank on

acceptances outstandinJ. . .

None

Other assets.

4,290.84

Total Assets..$ 2,536,018.04

LIABILITIES

Demand depollits$ 1,368,191.12

Time and savlnp depollits. . 626,663.83

Depollits of U.S. Government 10,166.79

De&::.:.f. ~t~~~.~~~ -~~-t~c-~ .s~~ 223,796.21

Depollits of banks.

None

Certified and officers' checks, etc 36,739.11

Other Uabllitles for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inJ....

None

Other Uabilitles. 14,000.00

Capital notes and debentures

None

Preferred stock.

None

Common stock. 50,000.00

Surplus. 125,000.00

Undivided profits. 81,460.98

Reserves

None

Total Liabilities$ 2,536,018.04

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF SMYRNA Smyrna (Cobb), Ga.

As called for by the Superintendent of Banks

HARRY L. HOLLIDAY, President.
Date of Charter: 4-4-1946

H. D. LESTER, Cashier.
B~gan Business: 8-5-1946

ASSETS

LIAWLITIES

Cash, balances with other banks, and

Demand deposita$ 7,733,804.05

cash items in process of collection$ 2,350,427.70

Time and savlnp depollits 6,302,846.17

United States Government oblip-

Depollits of U.S. Government

81,795.94

tlons, direct and guaranteed . 2,824,052.95

De~ts of States and pontical sub-

Obliptlons of States and poUtical

divillions. .. 2,121,985.24

subdivillions. . . . 3,007,573.09

Deposits of banks.

10,000.00

Securities of Federal aaencles and

Certified and officers' checks, etc. . 45,136.27

t?~t~~~. ~~~. -~~t.e~~- -~~ 1,249,481.25

Other Uabilities for borrowed money. Acceptances exe.,uted by or for ac-

None

OtS:O::'~'W::::.r::=: :.c;.k~. ~~

None

count of this bank and outstandinJ....

None

Loans and discounts, includinJ over-

Other Uabilities.... 389,528.12

:-:

drafts. . . 8,177,178.25 Bank premises, furniture and fixtures,

Capital notes and debentures Preferred stock

None None

and other assets representlnJ bank

Common stock.. 500,000.00

premises. . . . 463,430.93

Surplus.... 515,000.00

Real estate owned other than bank

Undivided profits. 308,697.01

premises. . . . . . .

871.50

Reserves . . . . .

83,923.75

Customers' Uability to this bank on

acceptances outstandinJ. .

None

Other assets. . . . 19,700.88

Total Assets....$18,092,716.55

Total Liabilities...$18,092,716.55

138

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

SOCIAL CIRCLE BANK Social Circle (Walton), Ga.

As called for by the Superintendent of Banks

ROY J. MALCOM, President.
Date of Charter: 12-31-1923

MRS. MARYS. CHANDLER, Cashier.
Began Business: 3-8-1924

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 257,659.97

United States Government obliga-

tions, direct and guaranteed 498,477.57

Obligations of States and political

subdivisions. . ... 179,890.95

Securities of Federal a1endes and

~r.~t~~~s.. ~~~ .~~~~t~~ ~~ 254,311.38

Other securities, corporate stocks and

stock in Federal Reserve Bank... 100,000.00

Loans and discounts, includinl over

drafts...... 1,835,282.06

Bank premises, furniture and tlxtures,

and other assets representin1 bank

premises...... 31,422.60

Real estate owned other than bank

premises . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstandin1..

None

Other assets...........

9,481.36

Total Assets....$ 3,166,525.89

LIABILITIES

Demand deposits$ 1,042,288.45

Time and savinp deposits. 1,361,340.31

Deposits of U.S. Government. . . 43,978.21

De~:O:.f. ~t~~e~ .~~~ .~.~~~ .~~ 297,088.77

Deposits of banks. . . . . .

None

Certified and officers' checks, etc. 14,916.03

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl...

None

Other liabilities.. 148,631.70

Capital notes and debentures.

None

Preferred stock.

None

Common stock...

50,000.00

Surplus...... 125,000.00

Undivided profits..

83,282.42

Reserves.....

None

Total Liabilities$ 3,166,525.89

STATEMENT Showing condition at the close of business December 31, 1967, of

THE BANK OF SOPERTON Soperton (Treutlen), 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: 1903

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 521,216.96

United States Government oblip-

tions, direct and guaranteed 1,143,571.63

Obliptions of States and political

subdivisions. ........ 630,084.56

. .. .. Securities of Federal a1encies and ~r.~t~~~~ ~~~ ~~~~t~~ ~~ 550,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

25,000.00

Loans and discounts, includin1 over

drafts............... 2,521,032.08

Bank premises, furniture and fixtures,

and other assets representinl bank

premises...... ..

8,600.00

Real estate owned other than bank

premises..........

1.00

Customers' liabUity to this bank on

acceptances outstandin1. .

None

Other assets.....

3,072.00

Total Assets...$ 6,102,578.23

LIABILITIES

Demand deposits..$ 1,911,963.56

Time and savinp deposits. . 3,048,322.45

Deposits of U.S. Government....... 19,491.26

De~ts of States and political sub

diVisions.. 509,479.88

Deposits of banks.

None

Certified and officers' checks, etc Other liabUities for borrowed money.

30,920.67 None

Acceptances executed by or for ac

count of this bank and outstand

lng.....

None

Other liabilities.. Capital notes and debentures.. Preferred stock...

153,145.11 None None

Common stock.. 100,000.00

Surplus...... 150,000.00

Undivided profits.... 179,255.30

Reserves...

None

Total Liabilities.$ 6,102,578.23

FORTY-EIGHTH ANNUAL REPORT

139

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANKOFHANOOCKCOUNTY Sparta (Hancock), Ga.

As called for by the Superintendent of Banks

S. H. HOLLIS, President.
Date of Charter: 10-18-1904

WM. W. ARCHER, Cashier.
B~gan Business: 9-5-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 757,466.73

United States Government oblip-

tions, direct and guaranteed 848,017.81

Obliptions of States and political

subdivisions 618,900.92

Securities of Federal apndes and

. .. .. t~r.~~t~~~~ ~~~ ~~t~~ ~~ 524,779.69

Other securities, corporate atocks and

atock in Federal Reserve Bank

None

Loans and diacounts, induding over-

drafts... 3,096,396.98

Bank premises, furniture and fixtures,

and other assets representing bank

premises 183,296.95

Real eatate owned other than bank premises..

None

Cuatomers' liability to this bank on acceptances outatanding.

None

Other assets. .

None

Total Assets$ 6,028,859.08

LIABILITIES

Demand deposita$ 1,917,000.74

Time and savinp deposits. 2,834,445.63

Deposita of U.S. Government....... 67,110.96

De~~~'. ~t~~~.~~ .".".~~ .~~ 725,583.80

Deposits of banks.

None

Certified and officers' checks, etc. 21,708.36

Other liabiUties for borrowed money.

None

Acceptance~ executed by or for ac-

count of this bank and outatand-

i n g

None

Other liabilities.

None

Capital notes and debenture~

None

Preferred atock

None

Common atock 100,000.00

Surplus 300,000.00

Undivided profits 63,009.59

ROierVOI

None

Total Liabilities$ 6,028,859.08

STATEMENT Showing condition at the close of business December 31, 1967, of

THE EXCHANGE BANK OF SPRINGFIELD Springfield (Effingham), Ga.

As called for by the Superintendent of Banks

J. M. MARCHMAN, President.
Date of Charter: 12-30-1907

B. E. HINELY, Cashier. Began Business: 1-1-1908

ASSETS

Cash, balances with other banks, and

cash item1 in process of collection$ 643,445.59

United States Government oblip-

tions, direct and auaranteed 1,768,878.94

Obliptions of States and poUtical

subdivilions. 848,914.35

Securities of Federal apndes and

.. .. ~r.~t~~~. ~~~ ~~~ ~~ 300,000.00

Other securities, corporate atocks and

atock in Federal Reserve Bank

None

Loans and diacounts, induding over-

drafts.. 1,936,572.82

Bank premises, furniture and fixture~,

and other auets representina bank

premises 63,273.59

Real estate owned other than bank

premises

None

Cuatomers' liabiUty to this bank on

acceptances outatanding. .

None

- - - - Other asse1s

None

Total Aaseta$ 5,561,085.29

LIABILITIES

Demand depolit1$ 1,723,363.38

Time and savingl deposita. 3,034,253.32

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

3,342.47

~:.:.'. ~t~~~.~~ .~~~ .s~~ 433,126.12

Deposita of banks.

5,000.00

Certified and officers' checks, etc.

None

Other liabiUti01 for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outatand-

ina Other Uabilitia. Capital notes and debenture~ Preferred atock

None None None None

Common atock Surplus Undivided profit& ROierVOI

100,000.00 200,000.00
62,000.00 None

Total LlabDiti01$ 5,561,085.29

140

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF STAPLETON Stapleton (Jefferson), Ga.

As called for by the Superintendent of Banks

f C. KILGORE, SR.,
President. Date of Charter: 3-20-1916

J. C. KILGORE, JR., Cashier.
Began Business: 1916

ASSETS Cash, balances with other banks, and
cash items in process of collection$ United States Government oblip-
tions, direct and guaranteed .. Oblip~i~~ of States and political
SUbdiVlSions. ....... Securities of Federal a1encies and
. ~r.~~t~~~~ ~~~. -~~~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, incJudin1 overdrafts.............
Bank premises, furniture and f"txtures, and other assets representin1 bank premises...
Real estate owned other than bank premises.........
Customers' liability to this bank on acceptances outstandins. . .
Other assets.....

462,750.19 647,935.00 451,784.49
659,950.01 None
709,186.94
3,425.40 None None None

Total Assets.....$ 2,935,032.03

LIABILITIES

Demand deposits$ 1,662,146.01

Time and savinp deposits. 871,759.98

Deposits of U.S. Government.

3,400.27

Dep<?sits of States and political sub-

divisions... 142,969.42

Deposits of banks

None

Certif"ted and off"tcers' checks, etc 10,876.78

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl......

None

Other liabilities..

None

Capital notes and debentures..

None

Preferred stock......

None

Common stock... 50,000.00

Surplus...... 125,000.00

Undivided prof"tts.. 68,879.57

Reserves....

None

Total Liabilities.$ 2,935,032.03

STATEMENT Showing condition at the close of business December 31, 1967, of

BULLOCH COUNTY BANK Statesboro (Bulloch), Ga.

As called for by the Superintendent of Banks

W.G.COBB, President.
Date of Charter: 1-19-1934

THOS. F. HOWARD, Cashier.
Began Business: 4-14-1934

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,272,365.89

United States Government oblip-

tions, direct and suaranteed 2,700,852.57

Obliptions of States and political

subdivisions. . . . . 1,102,036.07

Securities of Federal qencies and

tT~t~~~~ .~~~. -~~~t~~~. -~~ 12,452.26

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, includin1 over-

drafts.. . . . . 5,535,773.68

Bank premises, furniture and f"txtures,

and other assets representinl bank

premises. . . . . . 206,951.85

Real estate owned other than bank

premises . . . . . . .

None

Customers' liability to this bank on

acceptances outstandiq. ...

None

- - - - - Other assets. . ........

1,697.06

Total Assets......$10,832,129.32

LIABILITIES

Demand deposits.$ 5,323,813.67

Time and savinp deposits. . . 2,937,252.28

Deposits of U.S. Government....... 102,981.82

DeP<!S!ts of States and political sub-

divisions.... 1,412,922.79

Deposits of banks. 100,656.76

Certif"ted and off"tcers' checks, etc. 61,742.14

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inl...

None

Other liabilities... 43,682.46

Capital notes and debentures.

None

Preferred stock..

None

Common stock...... 200,000.00

Surplus....... 300,000.00

Undivided prof"tts....... 249,077.40

Reserves......... 100,000.00

Total Liabilities..$10,832,129.32

FORTY-EIGHTH ANNUAL REPORT

141

STATEMENT

Showing condition at the close of business December 31, 1967, of

SEA ISLAND BANK Statesboro (Bulloch), 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, and cash items in process of coUection .$
United States Government obliptions, direct and guaranteed
Oblip~i'?~ of States and political SUbdiVJSIORS. ...
Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ -~~~t~~?. -~~
Other securities, corporate stocks and stock in Federal Rese"e Bank..
Loans and discounts, including overdrafts......
Bank premises, furniture and flxtures, and other assets representing bank premises.....
Real estate owned other than bank p r e m i s e s. . . . .
Customers' liability to this bank on acceptances outstanding. .
Other assets. ...

3,057,688.94 1,750,057.68 1,215,488.44
1,253,684.87 None
5,627,117.22
74,728.70 66,500.00
None 3,421.42

Total Assets...$ 13,048,687.27

LIABILITIES

Demand deposits$ 6,176,102.82

Time and savings deposits 3,690,856.88

Deposits of U.S. Government 100,378.36

De~:.:.f. ~t~~~. ~~~ .P_O.~t~~ .~~ 1,692,765.97

Deposits of banks..

96,743.33

Certified and officers' checks, etc 118,057.05

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities. .

None

Capital notes and debentures

None

Preferred stock

None

Common stock.... 200,000.00

Surplus. 800,000.00

Undivided profits.

88,782.86

Reserves......

85,000.00

Total Liabilities.$13,048,687.27

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FIRST STATE BANK Stockbridge (Henry), Ga.

As called for by the Superintendent of Banks

PAUL B. CHRISTENBURY, President.
Date of Charter: 9-21-1964

S. TOM ELLIS, Cashier.
Began Business: 10-8-1964

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 196,111.51

United States Government oblip-

tions, direct and guaranteed .. 395,550.13

Obliptions of States and political

subdivisions. 56,627.82

Securities of Federal agencies and

~r.~t~~~~ . ~~~. -~t~~~. -~~ 175,005.19

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts....... 1,334,555.88

Bank premises, furniture and fixtures,

and other assets representing bank

premises...... 99,751.13

Real estate owned other than bank

premises.....

None

Customers' liability to this bank on

acceptances outstanding....

None

Other assets. ...... 11,006.71

Total Assets.$ 2,268,608.37

LIABILITIES

Demand deposits$ 744,840.99

Time and savings deposits 1,066,271.60

Deposits of U.S. Government.

5,191.68

eerv:::,s.:.f. ~t~~~.~~~ -~~t~~ .s~~: 211,900.20

Deposits of banks.

None

Certified and officers' checks, etc.

6,237.73

Other liabilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outstand-

ing....

None

Other liabilities...

11,529.71

Capital notes and debentures.

None

Preferred stock.

None

Common stock. 100,000.00

S u r p l u s . . . . . .

90,000.00

Undivided profits. Re~es . . .

25,636.46 7,000.00

Total Liabilities.$ 2,268,608.37

142

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN BANK OF STONE MOUNTAIN Stone Mountain (DeKalb), Ga.

As called for by the Superintendent of Banks

J. ANGUS PARKER, President.
DateofCharter: 4-17-1957

ROBERT L. MAUGHON, Cashier.
Began Business: 6-6-1957

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 403,832.21

United States Government obliga-

tions, direct and guaranteed 1,164,723.17

Obligations of States and political

subdivisions , 550,677.87

Securities of Federal aaencies and

t~r.~t~~~~ ~~~ -~~~~t~~. -~~ 124,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, Including over-

drafts. . . . 3,037,814.60

Bank premises, furniture and f"atures,

and other assets representing bank

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

71,946.88

Real estate owned other than bank

premises. . . .

2,000.00

Customers' liability to this bank on

acceptances outstanding.

None

Other assets....................

35,828.66

Total Assets$ 5,391,729.64

LIABILITIES

Demand deposits$ 2,085,662.36

Time and savinp deposits. 1,986,865.19

Deposits of U.S. Government. 26,281.28

De~:.:.'. ~t~~~.~~ -~~t~~~ -s~~ 399,091.48

Deposits of banks.

None

Certified and officers' checks, etc. 99,948.64

Other liabilities for borrowed money. 100,000.00

Acceptances executed by or for ac-

count of this bank and outstand-

ina

None

Other liabilities. 377,844.70

Capital notes and debentures.

None

Preferred stock

None

Common stock 100,000.00

S u r p l u s

50,000.00

Undivided profits 101,170.88

Reserves.

64,865.11

Total Liabilities$ 5,391,729.64

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS & MERCHANTS BANK Summerville (Chattooga), Ga.

As called for by the Superintendent of Banks

D. L. McWHORTER, President.
Date of Charter: 2-5-1926

JAMES F. KING, Cashier.
Began Business: 2-6-1926

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,819,722.67

United States Government obliga-

tions, direct and guaranteed . 3,991,688.97

Obligations of States and political

subdlvilions. .. 1,347,626.03

Securities of Federal agencies and

tT~t~~~. ~~~. -~t~~~- -~~ 250,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. 100,000.00

Loans and discounts, including over-

drafts... 4,237,887.13

Bank premiaes, furniture and fixtures,

and other assets representinl bank

premises....

2.00

Real estate owned other than bank

premiaes....

None

Customers' liability to this bank on

acceptances outstandlna. .

None

Other assets. ..

14,582.97

LIABILITIES

Demand deposits$ 5,795,367.98

Time and savings deposits......... 2,697,276.30

Deposits of U.S. Government. 210,574.37

De~:.:.'. ~t~~~-~~~ -~~~ .s~~ 1,621,904.80

Deposits of banks.

None

Certified and officers' checks, etc...

60,405.21

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n g .

None

Other liabilities. .

12,052.00

Capital notes and debentures.

None

Preferred stock.

None

Common stock.. 300,000.00

Surplus.... 650,000.00

Undivided profits...

50,000.00

Reserves.. 363,929.11

Total Assets.$11,761,509.77

Total Liabilities$11,761,509.77

FOR1Y-EIGHTH ANNUAL REPORT

143

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CENTRAL B'ANK Swainsboro (Emanuel), Ga.

As called for by the Superintendent of Banks

SAM J. OVERSTREET, President.
Date of Charter: I0-27-1920

JACKS. BAZEMORE, Cashier.
Began Business: 11-9-1920

ASSETS

Cash, balances with other banlca, and

cash items in proceaa of coDection$ 845,528.80

United States Government oblip-

tiona, direct and guaranteed 1,208,637.78

Obliptiona of States and poUtical

subdivisions. 467,730.30

Securities of Federal aaencles and

. .. .. t~r.~~t~~~~ ~~~ ~~~t~~ ~~ 250,109.38

Other securities, corporate stoclca and

stock In Federal Reserve Bank

None

Loans and cliacounts, includins over-

drafts 2,198,023.47

Bank premises, furniture and fixtures,

and other aaseta repr-ntins bank premises.

40,961.40

Real estate owned other than bank premises.

53,300.00

Customers' Uability to this bank on acceptances outstandinJ.

None

Other aaseta.

None

Total Asseta$ 5,064,291.13

LIABILITIES

Demand deposita$ 1,989,090.82

Time and savinp deposita. 2,041,532.77

Deposita of U.S. Government....... 37,084.97

De~:n:.f. ~t~~~.~~~ .~~~ .s~~ 575,157.24

Deposits of banlca. 92,654.34

Certified and officers' checlca, etc.

3,778.13

Other Uabllities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outatand-
inJ.............

None

Other Uabllities. Capital notes and debentures Preferred stock
Common stock S u r p l u a Undivided profits Reserves

1,750.00 None
None 100,000.00 200,000.00
23,242.86 None

Total Liabilities$ 5,064,291.13

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF SWAINSBORO Swainsboro (Emanuel), Ga.

As called for by the Superintendent of Banks

J. R. DEKLE, President.
Date of Charter: 11-10-1900

JAMES R. SMITH, Cashier.
Began Business: 1900

ASSETS

Caah, balances with other banlca, and

cash items In process of collection$ 1,323,412.04

United States Government oblip-

tlona, direct and suaranteed 1,351,984.38

Obliptiona of States and poUtical

subcliYialons. 492,338.65

.. Securitiea of Federal asencles and ~r.~~~. ~~ ~t~~~~~ 1,486,973.66

Other securities, corporate stoclca and

stock In Federal Reserve Bank

None

Loans and cliacounta,inciudins over-

drafts. 4,280,108.59

Bank premises, furniture and fixtures,

and other asseta representins bank

premises 143,901.23

Real estate owned other than bank

p r e m i s e s .

None

Customers' Uabllity to this bank on

acceptances outatandinJ.

None

Other asseta.

3,454.66

Total Asseta$ 9,082,173.21

LIABILITIES

Demand deposita$ 3,114,161.86

Time and savinp deposita 3,841,169.66

Deposita of U.s. Government 255,972.42

~:n:.f. ~t~~~.~~ .~~~~ .s~~: 996,838.99

Deposita of banlca

90,599.85

Certified and officers' checlca, etc

72,841.13

Other Uabllities for borrowed money.

None

Acceptances exe.,uted by or for ac-

count of this bank and outatand-

inJ......

None

Other Uabilities

47,319.67

Capital notes and debentures

None

Preferred stock

None

Common stock 150,000.00

Surplua 500,000.00

UncliYided profita

13,269.63

Reserves

None

Total Liabilities$ 9,082,173.21

144

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1967, of
SPIVEY STATE BANK Swainsboro (Emanuel), Ga.

As called for by the Superintendent of Banks

JOHN B. SPIVEY, President.
Date of Charter: 8-27-1964

W. H. ROUNTREE, Cashier.
Began Business: 3-1-1965

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 519,875.30

United States Government obliga-

tions, direct and guaranteed . . 340,159.31

Obliga!i;>'!s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . 283,151.17

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. o. .t . .g.u.a.ra.n.t.ee.d. . .b.y. 520,015.60

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 1,167,400.10

Bank premises, furniture and fixtures,

and other assets representing bank

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

10,121.59

Real estate owned other than bank

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

16,000.00

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . . .

25,571.25

Total Assets............$ 2,882,294.32

LIABILITIES

Demand deposits..........$ 1,280,577.54

Time and savings deposits. . . 646,501.26

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

7,532.43

Deposits of States and political sub-

divisions............... 525,705.60

Deposits of banks........... 32,865.82

Certified and officers' checks, etc... 12,618.92

Other liabilities for bonowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities......... 47,071.09

Capital notes and debentures...

None

Prefened stock......

None

Common stock............ 125,000.00

Surplus............. 75,000.00

Undivided profits.......... 111,694.66

Reserves...... 17,727.00

Total Liabilities.....$ 2,882,294.32

STATEMENT Showin~ condition at the close of business December 31, 1967, of

BANK OF SCREVEN COUNTY Sylvania (Screven), Ga.

As called for by the Superintendent of Banks

C. L. MILLER, President.
Date of Charter: 4-10-1911

D. L. MURRAY, Cashier.
Began Business: 2-28-1930

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 890,515.14

United States Government obliga-

tions, direct and guaranteed ..... 609,753.75

Obliga!i;>'!s of States and political

subdiVISIOnS............... 1,509,706.51

Securities of Federal agencies and

t~r.~~t~~~~ .~~~. -'-"~~~t~~~. -~~ 1,113,837.94

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts............. 3,136,356.60

Bank premises, furniture and fixtures,

and other assets representing bank

premises............ 15,000.00

Real estate owned other than bank

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

None

Customers liability to this bank on

acceptances outstanding.......

None

Other assets. ............. - - - -No-ne

Total Assets..........$ 7,275,169.94

LIABILITIES

Demand deposits.......$ 2,713,292.69

Time and savings deposits. . . 3,082,829.31

Deposits of U.S. Government. . . . . . 84,206.11

Dep!sits of States and political sub-

divisions....... 698,249.50

Deposits of banks....

None

Certified and officers' checks, etc... 24,456.15

Other liabilities for bonowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities......

None

Capital notes and debentures.

None

Prefened stock....... Common stock............ Surplus...........

None 200,000.00 200,000.00

Undivided profits........ 272,136.18

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

None

Total Liabilities.....$ 7,275,169.94

FORTY-EIGHTH ANNUAL REPORT

145

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK Sylvania (Screven), 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, and

cash items In proceu of coUection$ 821,286.86

United States Government oblip

tiona, direct and guaranteed 1,031,455.23

Obligations of States and political

subdivisions.. 743,621.01

Securities of Federal qencies and

t~r.~~t~~~~ ~~~. -~~~t~~. -~~ 499,825.00

Other securities, corporate stocks and

stock In Federal Reserve Bank..

None

Loans and discounts, lncludinJ over-

drafts.... 1,800,396.40

Bank premises, furniture and f"lxtures,

and other assets representin1 bank

premises...

9,944.09

Real estate owned other than bank

premises......

None

Customers' liability to thia bank on

acceptances outstandinJ. .

None

- - - - - Other assets.....

None

Total ABseta.$ 4,906,528.59

LIABILITIES

Demand deposita.$ 1,839,488.47

Time and savlnp deposits. 1,846,379.56

Deposita of U.S. Government

15,168.25

De~:O:.f. ~t~~~.~~~ .P_O.Ii_t~c-~ .s~~: 859,917.92

Deposits of banks..

None

Certif"led and officers' checks, etc

5,085.72

Other liabllities for bonowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

lna...

None

Other liabilities. ...

None

Capital notes and debentures.

None

Prefened stock................. .

None

Common stock................. . 100,000.00

Surplus....................... . 102,000.00

Undivided prof"lts. 138,488.67

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

None

Total Liabilities...$ 4,906,528.59

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF WORTH COUNTY Sylvester (Worth), Ga.

As called for by the Superintendent of Banks

W. J.CROWE, President.
Date of Charter: 4-28-1945

LEONARD SUMNER, Cashier.
Began Business: 11-1-1945

ASSETS

Cash, balances with other banks, and

cash items In proceu of coUection$ 1,357,304.55

United States Government oblip-

tions, direct and auaranteed . 568,796.12

Obliptions of States and political

subdivisions. ................ . 577,433.07

Securities of Federal qencies and

t~r.~t~~~ ~~~. -~~~t~~. -~~ 647,374.17

Other securities, corporate stocks and

stock In Federal Reserve Bank

None

Loans and discounts, includinJ over-

drafts.. 3,261,846.60

Bank premises, furniture and f"lxtures,

and other assets representinJ bank

premises..... 52,473.93

Real estate owned other than bank

premises. . . .. ..

None

Customers' liability to thia bank on

acceptances outstandinJ.

None

Other assets.... ___6,'-4_6_6._2_9

Total Alleta....$ 6,471,694.73

LIABILITIES

Demand deposits..$ 2,766,872.04

Time and savlnp deposita. . 2,508,416.18

Deposits of U.S. Government....... 29,458.94

De~ta of States and political sub-

divisions.. 404,139.76

Deposita of banks 60,916.60

Certif"led and officers' checks, etc 207,612.50

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

inJ......................... .

None

Other liabilities... 122,581.57

Capital notes and debentures.

None

Prefened stock...

None

Common stock.... 100,000.00

Surplus.... 100,000.00

Undivided prof"lts. 160,297.14

Reserves..... 11,400.00

Total Liabilities..$ 6,471,694.73

146

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

SYLVESTER BANKING COMPANY Sylvester (Worth), Ga.

As called for by the Superintendent of Banks

T. M. PURDOM, President.
Date of Charter: 7-5-1898

D. NEIL PIERCE, Cashier.
Began Business: 7-1898

ASSETS

Cash, balanc:ea with other banks, and

caah ltema In process of collection$ 953,692.50

United States Government oblip-

tlons, direct and guaranteed 3,807,050.75

Obliptlons of States and political

subdivisions. ... 128,813.77

Securities of Federal aaencles and

tc:rr.~t~~~s ~~~ ~~~~t~~ ~~ 300,000.00

Other securities, corporate stocks and

stock In Federal Reserve Bank

None

Loans and discounts, lncludlna over-

drafts........................ 3,711,170.06

Bank premises, furniture and f"txtures,

and other assets representinl bank

premises.... 60,623.15

Real estate owned other than bank

premises....

None

Customen' liability to this bank on

acceptances outstandlna. .

None

- - - - - Other assets. ..

None

Total Aaets.$ 8,961,350.23

LIABILITIES

Demand deposita.$ 3,425,713.78

Time and savlnp deposita......... 4,175,906.74

Deposits of U.S. Government....... 25,921.41

Del"!l!ts of States and political sub-

divisions... 508,009.72

Deposits of banks..

None

Certified and officen' checks, etc 105,729.86

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

lna..

None

Other liabilities. 124,774.40

Capital notes and debentures

None

Preferred stock..

None

COmmon stock.. 200,000.00

Surplus. 150,000.00

Undivided profits 245,294.32

Reserves..

None

Total Liabilities$ 8,961,350.23

STATEMENT Showing condition at the close of business December 31, 1967, of
PEOPLE'S BANK OF TALBOTTON, GEORGIA Talbotton (Talbot), Ga.

As called for by the Superintendent of Banks

MRS. ELIZABETH P. PERSONS, President.
Date of Charter: 12-9-1890

J. H. MAHONE, Cashier.
Began Business: 1-13-1891

ASSETS

Cash, balances with other banks, and caah itema In process of collection$ 196,520.55

United States Government obliptlons, direct and guaranteed . 496,353.45

Obliptlons of States and political subdivisions . . . .

21,393.05

Securities of Federal aaencies and
t':'r.~~t~~~~ . ~~~ ~~~t.e~~.~~ 479,578.75

Other securities, corporate stocks and stock In Federal Reserve Bank.

None

Loans and diacounts, lncludlna overdrafts.... 942,643.05
Bank premises, furniture and fixtures,

and other assets representinl bank

premises......

2.00

Real estate owned other than bank

premises.......

1.00

Customers' liability to this bank on

acceptances outstandina. . ..

None

- - - - - Other aasets. ........

None

Total Aaets.....$ 2,136,491.85

LIABILITIES Demand deposits...$ Time and savlnp deposits. Deposits of U.S. Government... Del"!l!ts or States and political sub-
divisions..... Deposita or banks.. Certified and officers checks, etc. . Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandlna..... Other liabilities.... Capital notes and debentures.... Preferred stock.... COmmon stock : . Surplus . . . . Undivided profits..... Reserves . . . . . . .

737,602.67 715,238.89
4,728.86 516,201.94
None None None
None None None None 50,000.00 50,000.00 60,219.49 2,500.00

Total Liabilities.....$ 2,136,491.85

FORTY-EIGHTH ANNUAL REPORT

147

STATEMENT

Showing condition at the close of business December 31, 1967, of

WEST GEORGIA BANK OF TALLAPOOSA, GEORGIA Tallapoosa (Haralson), Ga.

As called for by the Superintendent of Banks

W. I. LANIER, President.
Date of Charter: 12-6-1948

SAM CHEATWOOD, Cashier.
Began Business: 7-6-1949

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 810,999.38

United States Government obllp-

tions, direct and guaranteed 778,463.56

Obliptions of States and poHtical

subdivisions. 123,845.57

Securities of Federal qencies and

t~r.~~t~~~~ ~~~. -~~t~. -~~ 592,761.46

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts.... 1,853,903.95

Bank premises, furniture and raxtures,

and other assets representing bank

premises...

48,215.66

Real estate owned other than bank

premises...

5,500.00

Customers' Habillty to thia bank on

acceptances outstanding.

None

Other assets. ..

2,457.42

Total Aaseta$ 4,216,147.00

LIABILITIES

Demand deposits$ 1,707,167.80

Time and savings depostts. 1,924,698.55

Deposits of U.S. Government. 23,904.05

DeJM!s!ts of States and poHtical sub-

divisions. . 257,250.72

Deposits of banks................ 15,000.00

Certified and officers' checks, etc. 20,841.59

Other HabiHties for borrowed money.

None

Acceptances executed by or for ac-

count of thia bank and outstand-

Ing

None

Other Habillties.

21,741.74

Capital notes and debentures

None

Preferred stock

None

Common stock. 100,000.00

Surplus 100,000.00

Undivided profits 45,542.55

Reserves

None

Total Liabilities.$ 4,216,147.00

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF TAYLORSVILLE Taylorsville (Bartow), Ga.

As called for by the Superintendent of Banks

HOLMES NEEL, President.
Date of Charter: 6-6-1905

W. R. GIBBS, Cashier. Began Business: 6-13-1905

ASSETS
Cash, balances with other banks, and cash items in process of coliection$
United States Government obllptions, direct and guaranteed
ObUgationa of States and poHtical subdivisions. .
Securities of Federal qencies and
t~r.~t~~~. ~~~. -~t~~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, including overdrafts
Bank premises, furniture and fixtures, and other assets representing bank premises
Real estate owned other than bank premises
Customers' Habillty to thia bank on acceptances outstandina. .
Other assets.

107,941.47 304,525.62
None
424,987.49 None
827,461.51
12,802.64 None None
1,400.00

Total Aaseta$ 1,679,118.73

LlAMLITJES
Demand depoaits$ Time and aavinp deposits. Deposits of U.S. Government
De~.:.'. ~t~~~.~~~ -~~~ -~~
Deposits of banks Certified and officers' checks, etc Other Habillties for borrowed money. Acceptances exe.:uted by or for ac-
count of thia bank and outstanding Other Habillties Capital notes and debentures Preferred stock Common stock. Surplus. Undivided profits Reserves

631,379.08 683,696.95
1,950.06
127,243.52 None
1,884.90 None
None None None None 25,000.00 100,000.00 107,964.22 None

Total LiabiHties$ 1,679,118.73

148

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF TEMPLE Temple (Carroll), Ga.

As called for by the Superintendent of Banks

J. H. THOMAS, President.
Date of Charter: II-25-1946

L. G. LYELL, Cashier. Began Business: 7-1-1947_

ASSETS

Cash, balances with other banks, and

cash items In process of collection.$ 75,658.31

United States Government obliga-

tions, direct and guaranteed . 125,810.85

Obliga!i~~ of States and political

subdiVISIOns . . . . . . . . . . . .

None

Securities of Federal agencin and

corporations not guaranteed by

Otuh.esr.s.e.curities,corporatestoc-ksand 139,600.00

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts................. 207,185.56

Bank premises, furniture and fixtures,

and other assets representing bank

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

3,027.51

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . _ _ _ _N_o_n_e

Total Assets.......$ 551,282.23

LIABILITIES
Demand deposits...$ Time and savings deposits. . .. Deposits of U.S. Government.... DefK!Sits' of States and political sub-
divisions. . . ......... Deposits of banks.......... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding................ Other liabilities. . . ........ Capital notes and debentures.. Preferred stock........ Common stock........ Surplus.......... Undivided profits...... Reserves . . . . . . . . .

409,804.38 20,000.00 None
13,146.70 None None None
None 2,596.84
None None 25,000.00 50,000.00 30,734.31 None

Total Liabilities..$ 551,282.23

STATEMENT Showing condition at the close of business December 31, 1967, of

TENNILLE BANKING COMPANY Tennille (Washington), 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, and

cash items In process of coUection$ 542,394.10

United States Government obliga-

tions, direct and guaranteed ... 400,000.00

Obligations of States and political

subdivisions. . ..... 91,789.62

Securities of Federal agencies and

. t~r.~t~~~~ ~~~. -~~t~~~. -~~ 800,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts........ 2,526,454.12

Bank premises, furniture and fixtures,

and other assets representing bank

premises.......... 50,474.47

Real estate owned other than bank premises. . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . ..

None

Other assets. ......... 21,376.50

Total Assets...$ 4,432,488.81

LIABILITIES

Demand deposits.....$ 1,719,541.02

Time and savings deposits. . 2,000,980.67

Deposits of U.S. Government. . . 19,059.67

Depl!sits of States and political sub-

divisions..... 271,833.42

Deposits of banks.....

None

Certified and officers' checks, etc.

7,372.18

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..........

None

Other liabilities......

None

Capital notes and debentures....

None

Preferred stock........

None

Common stock.......... 100,000.00

Surplus............ 250,000.00

Undivided profits........ 63,701.85

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

None

Total Liabilities....$ 4,432,488.81

FORTY-EIGHTH ANNUAL REPORT

149

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF UPSON Thomaston (Upson), Ga.

As called for by the Superintendent of Banks

CHAS. M. PASLEY, JR., President.
Date of Charter: 6-23-1951

H. D. STOREY, JR., Cashier.
Began Business: 10-1-1951

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 589,601.13

United States Government oblip

tions, direct and guaranteed . 2,171,389.26

ObUga~i~l!s of States and political

SUbdiVJSIODS. . . . . . . . . . . . 938,813.57

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee. d. . .b.y. 200,104.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........ . . . . . . . . 2,950,088.58

Bank premises, furniture and f"lxtures,

and other assets representing bank

premises.. . . . . . . . . . 162,306.76

Real estate owned other than bank

premises. . . . . . . . . .

None

Customers' Uability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . .

6,695.10

Total Assets....$ 7,018,998.40

LIABILITIES

Demand deposits...$ 2,440,963.64

Time and savings deposits. . ... 3,458,865.83

Deposits of U.S. Government.. 32,664.93

Dep!sits of States and political sub

divisions....... 417,906.96

Deposits of banks..... 57,072.86

Certif"led and off"lcers' checks, etc.

2,604.67

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other Uabilities. ........... 43,562.71

Capital notes and debentures....

None

Preferred stock....

None

Common stock..... 270,000.00

Surplus........... 230,000.00

Undivided prof"lts........... 65,356.80

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

None

Total Liabilities........$ 7,018,998.40

STATEMENT Showing condition at the close of business December 31, 1967, of

CITIZENS & SOUTHERN BANK OF THOMASTON, GEORGIA Thomaston (Upson), Ga.

As called for by the Superintendent of Banks

C. B. JENKINS, JR., President.
Date of Charter: 1-18-1926

JACK B. HUTCHINSON, Cashier.
Began Business: 2-28-1930

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 2,981,775.54

United States Government obliga-

tions, direct and guaranteed 2,149,788.84

Obligations of States and political

subdivisions. 2,260,624.10

Securities of Federal agencies and

tT.~t~~~~. ~~~. -~~~t~~~- -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 1,210,125.00

Loans and discounts, including over-

drafts. . . . 8,576,370.85

Bank premises, furniture and f"lxtures,

and other assets representing bank

premises............ 110,374.66

Real estate owned other than bank

premises . . . . . . . .

None

Customers' Uability to this bank on

acceptances outstanding. . .....

None

Other assets. .......... 124,060.76

Total Assets...........$17,413,119.75

LIABILITIES

Demand deposits.....$ 6,714,375.57

Time and savings deposits. 7,826,397.56

Deposits of U.S. Government 713,760.25

De(K!S!ts of States and political sub-

divisions.......... 852,610.81

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

None

Certif"led and off"lcers' checks, etc.

1,636.75

Other Uabilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outatand

ing...

None

Other Uabilities. 154,319.15

Capital notes and debentures.....

None

Preferred stock.........

None

Common stock...... 400,000.00

Surplus........ 400,000.00

Undivided prof"lts.... 190,019.66 Reserves....... 160,000.00

Total Liabilities..$17, 413,119.75

150

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF THOMAS COUNTY Thomasville (Thomas), Ga.

As called for by the Superintendent of Banks

H. B. GURLEY, President.
Date of Charter: 2-3-1937

JOEJ. KEYTON, Cashier.
Began Business: 2-15-1937

ASSETS

Cash, balances with other banks, and

cash Items in proceas of collection$ 1,196,012.04

United States Government obliaa-

tlons, direct and guaranteed 2,413,642.62

Obliptions of States and political

subdivisions. . 1,037,748.90

Securities of Federal agencies and

~r.~~t~~~~. ~~~. -~~~t~~~. -~~ 1,849,625.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includina over-

drafts........................ 7,015,315.44

Bank premises, furniture and f"lxtures,

and other assets representlna bank

premises. . . . 359,663.71

Real estate owned other than bank

premises. . .

None

Customers' liability to this bank on

acceptances outstandina. . .

None

Other assets. . . 37,609.99

Total Assets..$13,909,617.70

LIABILITIES

Demand deposits$ 5,955,027.02

Time and savlnp deposits 4,903,759.48

Deposits of U.S. Government 383,018.99

DefH?sits of States and political sub-

divisions... 1,249,066.43

Deposits of banks..

99,373.87

Certif"led and off"lcers' checks, etc 158,144.37

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina.

None

Other liabilities 223,444.72

Capital notes and debentures...

None

Preferred stock

None

Common stock... 360,000.00

Surplus.. 490,000.00

Undivided prof"lts..

71,394.40

Reserves

16,388.42

Total Liabilities.$13,909,617.70

STATEMENT Showing condition at the close of business December 31, 1967, of

COMMERCIAL BANK Thomasville (Thomas), Ga.

As called for by the Superintendent of Banks

L. D. FERGUSON, President.
Date of Charter: 7-3-1916

A. F. KIMBROUGH, Cashier.
Began Business: 7-22-1916

ASSETS

Cash, balances with other banks, and

cash items in proceas of coUection.$ 2,805,788.56

United States Government oblip-

tions, direct and auaranteed 3,432,304.82

Obliptions of States and political

subdivisions. . . . . . . . 1,568,062.56

Securities of Federal aaencies and

. t~r.~t~~~~ ~~~. -~~t~~. -~~ 500,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and diacounts, includina over-

drafts........................ 8,146,045.49

Bank premises, furniture and f"lxtures,

and other assets representlna bank

premises.. . 398,606.73 Real estate owned other than bank

premises.........

13,295.40

Customers' liability to this bank on

acceptances outstandina. ...

None

Other assets. ... 175,902.02

Total Assets..$17,040,005.58

LIABILITIES

Demand deposits.$ 8,112,762.25

Time and savinp deposits 5,871,565.12

Deposits of U.S. Government. 425,870.91

De~ts of States and political sub-

divisions.. 1,184,601.76

Deposits of banks

37,989.39

Certif"led and officers' checks, etc

91,364.40

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina......

None

Other liabilities... 318,696.43

Capital notes and debentures

None

Preferred stock..

None

Common stock... 400,000.00

Surplus.... 500,000.00

Undivided prof"lts

97,155.32

Reserves......

None

Total Liabilities...$17,040,005.58

FORTY-EIGHTH ANNUAL REPORT

151

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF THOMSON Thomson (McDuffie), 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, and

cash items in process of collection$ 1,225,925.40

United States Government obtip

tiona, direct and guaranteed 1,158,529.43

Obligations of States and political

subdivisions................... 1,178,455.79

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~t~~. -~~ 242,864.55

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts........................ 3,913,202.48

Bank premisea, furniture and fixtures,

and other assets representing bank

premisea... 87,772.01

Real estate owned other than bank

premises. . . . .

None

Customers' UabWty to this bank on

acceptances outstanding.

None

Other assets.

1,678.13

Total Assets.$ 7,808,427.79

LIABILITIES

Demand deposits.$ 3,354,517.19

Time and savings deposits. . 3,059,997.82

Deposits of U.S. Government....... 58,231.52

De~:..:.f. ~t~~~-~~~ .~11_t~c-~ .~~: 487,498.18

Deposita of banks.

None

Certified and officers' checks, etc. 23,978.26

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other UabWties 40,540.86

Capital notes and debentures.. Preferred stock..

None None

Common stock Surplus Undivided profits

187,500.00 337,500.00 130,252.42

Reserves 128,411.54

Total Liabilities.$ 7,808,427.79

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF TIFTON Tifton (Tift), Ga.

As called for by the Superintendent of Banks

JOHN E. PARKERSON, President.
Date of Charter: 10-10-1891

L. W. GAULDING, Cashier.
Began Business: 1896

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,936,565.22

United States Government obtip-

tlona, direct and guaranteed 2,148,756.85

Obtiptiona of States and political

subdivisions. . . 1,982,100.10

Securities of Federal agencies and

~r.~t~~~~. ~~~. -~~t~~- -~~ 799,437.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts. . . . . . 8,759,275.92

Bank premisea, furniture and fixtures,

and other assets representing bank

premisea. 329,506.62

Rilal estate owned other than bank

premisea. . 90,000.00

Customers' UabWty to this bank on

accepiances outstanding.

None

Other assets. 52,719.48

Total Aasets.$16,098,361.69

LIABILITIES

Demand deposits.$ 6,669,616.77 Time and savings deposits. . 5,082,o12.61 Deposits of U.S. Government. 98,853.46
De&:::..:.f. ~t~~~.~~~ .P_O.~~~ .s~~: 1,560,630.17

Deposits of banks. Certified and officers' checks, etc. Other UabWtles for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outstanding. Other UabWties. Capital notes and debentures Preferred stock.. Common stock.... S u r p l u s . . . Undivided profits.. Reserves

420,963.18 86,795.02 None
None 694,147.72
None None 400,000.00 600,000.00 288,280.66 197,062.10

Total Liabilities.$16,098,361.69

152

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF TIFTON Tifton (Tift), Ga.

As called for by the Superintendent of Banks

WM. W.CONOLY, President.
Date of Charter: 2-24-1948

JOHN T. BARGE, Cashier.
Began Business: 4-15-1948

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 1,018,947.14

United States Government oblip

tions, direct and guaranteed 824,925.42

Obligations of States and political

subdivisions........... 654,231.63

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~~t~~~ -~~

0

0

0

100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts. .................. 4,196,133.70

Bank premises, furniture and flxtures,

and other assets representing bank

premises............ 250,000.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding...

None

Other assets..........

868.23

Total Assets.........$ 7,045,106.12

LIABILITIES

Demand deposits......$ 2,834,321.33

Time and savings deposits...... 2,555,653.20

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

93,775.72

DeJM?&!ts of States and political sub-

diVlSions................. 864,161.45

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

None

Certifled and offlcers' checks, etc...

48,000.28

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

None

Other liabilities......

69,000.00

Capital notes and debentures.....

None

Preferred stock.......

None

Common stock........ 225,000.00

Surplus............ 275,000.00

Undivided proflts..........

60,194.14

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

20,000.00

Total Liabilities.......$ 7,045,106.12

STATEMENT Showing condition at the close of business December 31, 1967, of

THE FARMERS BANK OF TIFTON Tifton (Tift), Ga.

As called for by the Superintendent of Banks

JOHN H. DAVIS, President.
Date of Charter: 12-21-1936

L. A. BRASWELL, Cashier.
Began Business: 2-24-1937

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 845,097.18

United States Government obliga-

tions, direct and guaranteed 2,530,650.34

Obligations of States and political

subdivisions..... 1,103,063.37

Securities of Federal agencies and

~r.~t~~~~ ~~~ -~~t~~ -~~

0

0

0

299,854.10

Other securities, corporate atocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts............. 5,459,876.80

Bank premises, furniture and flxtures,

and other assets representing bank

premises............. 276,610.14

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . ....

None

Other assets........

10,840.86

LIABILITIES

Demand deposits...$ 3,816,910.02

Time and savings deposits. . . 4,205,755.53

Deposits of U.S. Government....... 40,321.79

Del"!sits of States and political sub-

divisions........ 1,271,211.09

Deposits of banks...... 11,386.21

Certifled and offlcers' checks, etc... 97,834.16

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

None

Other liabilities...... 104,088.22

Capital notes and debentures..

None

Preferred stock.....

None

Common stock.......... 200,000.00

Surplus............. 440,000.00

Undivided proflts......... 338,485.77

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

None

Total Assets....$10,525,992.79

Total Liabilities.....$10,525,992.79

FORTY-EIGHTH ANNUAL REPORT

153

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF TIGNALL Tignall (Wilkes), Ga.

As called for by the Superintendent of Banks

L. D. WARE, President.
Date of Charter: 7-5-1909

L. D. WARE, Cashier. Began Business: 8-1909

ASSETS Cash, balances with other banks, and
cash items in process of collection. .$ United States Government obUga
tiona, direct and guaranteed . ObUgations of States and poUtical
subdivisions. . ... Securities of Federal agencies and
t~r.~t~~~~ . ~~~ .~~~t~~~ .~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, including over drafts.............
Bank premises, furniture and f"txtures, and other assets representing bank premises........
Real estate owned other than bank premiaes..........
Customers' liability to this bank on acceptances outstanding. . . .
Other assets. . ...
Total Assets........$

123,883.75 526,359.95
None
None None 24,735.00
1.00 None None None 674,979.70

LIABILITIES
Demand deposits. S Time and savings deposits. Deposits of U.S. Government...
De~:,S..:.f. ~t~~~. ~~~ .P_O.".t~c.~ .s~~
Deposits of banks... Certif"ted and off"tcers' checks, etc.. Other Uabilities for bonowed money. Acceptances executed by or for ac
count of this bank and outstanding.......... Other Uabilities..... Capital notes and debentures...... Prefened stock....... Common stock........ Surplus . . . . . . . . Undivided prof"tts... Reserves....

522,085.15 6,000.00 425.00
72,069.55 None None None
None 4,900.00
None None 25,000.00 15,000.00 19,500.00 10,000.00

Total Liabilities...$ 674,979.70

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF TOCCOA Toccoa (Stephens), Ga.

As called for by the Superintendent of Banks

WM. C. CLARY, JR., President.
Date of Charter: 8-10-1911

RAYMOND A. NEAL, Cashier.
Began Business: 9-1-1911

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 2,349,399.18

United States Government obUga-

tions, direct and guaranteed . 1,080,723.63

ObUgations of States and poUtical

subdivisions. . . . . 1,611,173.20

Securities of Federal agencies and

t~r.~t~~~~. ~~~ ~~~t~~?~~ 1,424,040.63

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts. . . . . . . 4,699,483.05

Bank premiaes, furniture and f"txtures,

and other assets representing bank

premises.. . . . . . . . . 130,291.51

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' Uability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . .

2,129.89

LIABILITIES

Demand deposits...$ 3,987,509.48

Time and savings deposits. 4,727,713.28

Deposits of U.S. Government. . . . 42,358.19

De~ts of States and poUtical sub-

divisions...... 1,330,031.41

Deposits of banks... 557,922.34

Certif"ted and officers' checks, etc.. 22,087.30

Other Uabilities for bonowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

Ing

None

Other Uabilities...... 57,639.40

Capital notes and debentures

None

Prefened stock......

None

Common stock........... 100,000.00

Surplus............ 325,000.00

Undivided prof"tts......... 54,979.69

Reserves........... 92,000.00

Total Assets......$11,297,241.09

Total Liabilities.......$11,297,241.09

154

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK Toccoa (Stephens), Ga.

As called for by the Superintendent of Banks

WALLACE B. BRUCE, President.
Date of Charter: 5-25-1950

HENRY B. HAYES, Cashier.
Began Business: 3-16-1951

ASSETS

Cash, balances with other banks, and

cash Items in process of collection$ 1,454,186.64

United States Government oblip

tiona, direct and guaranteed I ,247,641.43

Obligations of States and political

subdivisions.. 1,493,276.49

Securities of Federal asencies and

~r.~t~~~s ~~~ -~~~t~~~. -~~ 500,050.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, includins over-

drafts.. 4,771,801.61

Bank premises, furniture and f"axtures,

and other assets repr-ntinl bank premises.. 181,655.56

Real estate owned other than bank premises..

None

Cuatomen' liability to this bank on

acceptances outstandinl.

None

Other assets. ..

20,055.39

Total Assets.$ 9,668,667.12

LIABILITIES

Demand deposits.$ 3,796,467.57

Time and savinp deposits. 3,443,318.96

Deposits of U.S. Government. 128,632.17

DeJH!S!ts of States and political sub-

divisions.... 1,517,005.23

Deposits of banks. .

None

Certified and officen' checks, etc. . 59,034.04

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n s . .

None

Other liabilities. ... 44,084.30

Capital notes and debentures..

None

Preferred stock.

None

Common stock. 150,000.00

Surplus... 350,000.00

Undivided profits. 42,124.85

R~ 138,000.00

Total Liabilities.$ 9,668,667.12

STATEMENT Showing condition at the close of business December 31, 1967, of
BANK OF DADE Trenton (Dade), Ga.

As called for by the Superintendent of Banks

EDWARD F. WILKIE, President.
Date of Charter: 7-5-1955

MRS. VALERIA K. NETHERY, Cashier.
Began Business: 1-12-1956

ASSETS

Cash, balances with other banks, and

cash items In process of collection$ 378,918.89

United States Government oblip

tlons, direct and guaranteed 762,384.00

Obligations of States and political

subdivisions. .... 215,330.88

Securities of Federal apncies and

t~r.~t~~~~. ~~~. -~t~~~- -~~ 49,890.65

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, includins over

drafts........ 2,213,853.80

Bank premises, furniture and fixtures,

and other assets representinl bank

premises......... 14,718.91

Real estate owned other than bank

premises........ 19,800.00

Customen' liability to this bank on

acceptances outatandlftl. . .

None

- - - - - Other assets...

None

Total Assets.....$ 3,654,897.13

LIABILITIES

Demand deposits.$ 1,226,446.21

Time and savinp deposits. 1,643,094.37

Deposits of U.S. Government. . 23,972.85

DePC!I!ts of States and political sub-

dtvisions..... 393,243.27

Deposits of banks...

None

Certified and officers' checks, etc. 62,067.16

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....

None

Other liabilities. . .. 89,172.17

Capital notes and debentures

None

Preferred stock...

None

Common stock....... 50,000.00

Surplus.... Undivided profits......

75,000.00 91,901.10

Reserves. . . . . . . .

None

Total Liabilities..$ 3,654,897.13

FORTY-EIGHTH ANNUAL REPORT

155

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS AND SOUTHERN BANK OF TUCKER Tucker (DeKalb), Ga.

As called for by the Superintendent of Banks

GUS L. CONNELLY, President.
Date of Charter: 10-29-1919

RAY F. BRIDGES, Cashier.
Began Business: 12-1919

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 826,629.10

United States Government obliga-

tions, direct and guaranteed . 2,427,427.10

Obligations of States and political

subdivisions. . . . . . . . 1,128,949.22

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts. . . . . . . . . . 7,371,040.45

Bank premises, furniture and f"txtures,

and other assets representing bank

premises. . . . . . . . . . . . 175,365.66

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . . 68,593.91

Total Assets......$11,998,005.44

LIABILITIES

Demand deposits.....$ 5,220,603.60

Time and savings deposits. . 4,962,159.71

Deposits of U.S. Government....... 84,229.69
De~~~~f. ~t~~~. ~~~ polit~c.a~ .s~~: 416,541.01

Deposits of banks. . . . . . .

None

Certified and officers' checks, etc... 131,419.11

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding............
Other liabilities. ......... Capital notes and debentures...... Preferred stock........
Common stock........... Surplus............ Undivided profits...... Reserves........

None 529,217.75
None None
275,000.00 85,000.00
123,249.74
170,584.83

Total Liabilities........$11,998,005.44

STATEMENT Showing condition at the close of business December 31, 1967, of
DURDEN BANKING COMPANY, INC. Twin City (Emanuel), Ga.

As called for by the Superintendent of Banks

B. LEWIS BRINSON, President.
Date of Charter: 6-26-1935

F. D. DURDEN, Cashier.
Began Business: 7-5-1935

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 454,850.96

United States Government obliga-

tions, direct and guaranteed 696,670.81

Obliga~i~l!' of States and political subdiVISIOns........... 371,394.39

Securities of Federal agencies and

t~T.'~~t~~~~ . ~~~ . -~~~t.e~~.~~ 74,950.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts................. 1,724,350.33

Bank premises, furniture and fixtures,

and other assets representing bank

premises........ 82,089.27

Real estate owned other than bank

p r e m i s e s. . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding....

None

- - - - Other assets...........

None

Total Assets.........$ 3,404,305.76

LIABILITIES

Demand deposits.....$ 1,256,938.78

Time and savings deposits. . . 1,576,272.14

Deposits of U.S. Government....... 14,384.11

De!M!sits of States and political sub-

divisions........ 186,040.70

Deposits of banks...... 122,477.16

Certified and officers' checks, etc

3,701.90

Other liabilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities........

6,000.00

Capital notes and debentures...... Preferred stock........... Common stock............ Surplus................
Undivided profits.......... Reserves...........

None None 50,000.00
125,000.00 38,490.97 25,000.00

Total Liabilities......$ 3,404,305.76

156

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

EXCHANGE BANK OF UNADILLA Unadilla (Dooly), Ga.

As called for by the Superintendent of Banks

J.D. SPEIGHT, President.
Date of Charter: 4-19-1935

JIMMIE J. RYALS, Cashier.
Began Business: 4-22-1935

ASSETS

Cash, balances with other banks, and

cash Items In process of collection$ 384,693.04 United States Government oblip-

tions, direct and guaranteed 365,443.75 Obliptions of States and political

subdivisions. . .. 146,250.28

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ -~~~t~~. -~~ 609,978.16

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts.............. 1,658,924.94

Bank premises, furniture and f"txtures,

and other assets representing bank

premises......

9,177.81

Real estate owned other than bank

premises.........

None

Customen' liability to this bank on

acceptances outstanding. ...

None

- - - - - Other assets. . ..

None

Total Assets...$ 3,174,467.98

LIABILITIES

Demand deposits$ 1,662,984.61

Time and savinp deposits. 982,799.24

Deposits of U.S. Government..

8,145.01

De~sits of States and political sub-

divisions. 173,960.40

Deposits of banks..

None

Certified and officen' checks, etc. 82,612.36

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities.... 25,640.57

Capital notes and debentures....

None

Preferred stock...

None

Common stock... 150,000.00

Surplus..... 50,000.00

Undivided profits. 38,325.79

Reserves

None

Total Liabilities.$ 3,174,467.98

STATEMENT Showing condition at the close of business December 31, 1967, of
BANK OF UNION POINT Union Point (Greene), Ga.

As called for by the Superintendent of Banks

RALPH L. RHODES, President.
Date of Charter: 5-15-1911

W. ALAN RAMSEY, Cashier.
_pegan Business: 5-1911

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 193,041.83

United States Government oblip-

tions, direct and guaranteed 887,600.02

Obliptions of States and political

subdivisions. . .. 119,456.59

Securities of Federal agencies and

t~r.~t~~~ . ~~~. -~~t~~~. -~~ 275,000.00

Other securities, corporate stocks and

stock in Feden1 Reserve Bank..

None

Loans and diacounts, including over-

drafts... 1,394,544.11

Bank premises, furniture and fixtures,

and other assets representing bank

premises... 19,505.75

Real estate owned other than bank

premises . . .

None

Customers' liability to this bank on

acceptances outstanding. . ..

None

- - - - Other assets. ...

None

Total Assets...$ 2,889,148.30

LIABILITIES

Demand deposits$ 583,332.92

Time and savinp deposits.. 1,357,973.52

Deposits of U.S. Government. 35,524.12

De~ts of States and political sub-

divisions..... 680,661.74

Deposits of banks...

None

Certified and officers' checks, etc

8,271.08

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities..

None

Capital notes and debentures

None

Preferred stock....

None

Common stock..... 50,000.00

Surplus...... 100,000.00

Undivided profits.. 73,384.92

Reserves.....

None

Total Liabilities$ 2,889,148.30

FORTY-EIGHTH ANNUAL REPORT

157

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE FARMERS BANK Union Point (Greene), Ga.

As called for by the Superintendent of Banks

JOHN B. STEWART, President.
Date of Charter: 9-6-1911

REUBEN H. FLYNT, Cashier.
Began Business: 9-6-1911

ASSETS

Cub, balances with other banks, and

cub items in process of collection$ 422,001.85

United States Government oblip-

tions, direct and guaranteed 1,090,335.92

Obliptions of States and political

subdivisions. . .. 35,000.00

Securities of Federal asenciea and

t~r.~~t~~~~ . ~~~. -~~t~~. -~~ 1,299,618.72

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includins over-

drafts..... 2,622,892.88

Bank premises, furniture and fixtures,

and other uaets representins bank

premises... 50,015.77

Real estate owned other than bank

premises.......

None

Customers liability to thia bank on

acceptances outstandins. .

None

Other uaets..

2,347.96

Total Assets....$ 5,52~,213.10

LIABILITIES

Demand deposits$ 1,318,806.26 Time and savlnp deposits. 3,136,229.19 Deposits of U.S. Government....... 13,201.94
De~:.:.'. ~t~~~-~~ .P_O.~t~~ .s~~ 698,029.12 .

Deposits of banks. . . Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of thia bank and outstandins. Other liabilities. ... Capital notes and debentures. Preferred stock. Common stock.. Surplus. Undivided profits Reserves . . . . . .

None 24,160.20
None None None None None 100,000.00 150,000.00 81,786.39 None

Total Liabilities.$ 5,522,213.10

STATEMENT Showing condition at the close of business December 31, 1967, of
BROGDON STATE BANK Uvalda (Montgomery), Ga.

As called for by the Superintendent of Banks

J. MILTON BROGDON, President.
Date of Charter: 5-2-1966

MRS. J. MILTON BROGDON, Cashier.
Began Business: 5-16-1966

ASSETS

Cash, balances with other banks, and cub items in process of collection$ 93,710.57

United States Government obliptions, direct and guaranteed

76,888.38

Oblip~~I!S of States and political subdivisions.....

None

Securities of Federal asencies and

t?.~t~~~. ~~~. -~~t~~~- -~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank

None

Loans and discounts, includins overdrafts........... 349,791.94

Bank premises, furniture and fixtures,

and other uaets representins bank premises...

15,000.00

Real estate owned other than bank

premises. . . . . .

None

Customers' liability to thia bank on

acceptances outstandina. . .

None

Other uaets.... _ _ _6_6_1;_,5_7

Total Assets...$ 536,052.46

LIABILITIES Demand deposits$ Time and savlnp deposits. Deposits of U.S. Government..
De~:.:.'. ~t~~~. ~~~ .P_O.~t~~ .s~~
Deposits of banks..... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outstandi n s . . . . . . . Other liabilities.... Capital notes and debentures Preferred stock.. Common stock Surplus . . . . . Undivided profits. Reserves . . .

224,982.32 148,893.31
None 35,000.00
None 208.57
None
None None None None 50,000.00 50,000.00 26,968.26 None

Total Liabilities.$ 536,052.46

158

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FIRST STATE BANK Valdosta (Lowndes), Ga.

As called for by the Superintendent of Banks

REA STEELE, President.
Date of Charter: 1-22-1906

MELVIN PLAIR, Cashier.
Began Business: 3-1906

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 2,171,395.24

United States Government obliga

tions, direct and guaranteed . 1,086,186.30

Obliga~i~J!S of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . 1,117,418.88

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee. d. . .b.y. 929,365.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 4,227,218.53

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 206,133.04

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . .

None

Total Assets...............$ 9,737,716.99

LIABILITIES

Demand deposits........$ 4,469,478.61

Time and savings deposits. . . . . . . . . 2,733,925.44

Deposits of U.S. Government... . . . 93,520.83

Dep~&!ts of States and political sub-

diVISions.... 1,356,971.80

Deposits of banks.. 345,597.56

Certified and officers' checks, etc

84,164.02

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

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

22,500.00

Capital notes and debentures...... .

None

Preferred stock...........

None

Common stock.............. 225,000.00

Surplus............... 325,000.00

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

81,558.73

Reserves.....

None

Total Liabilities....$ 9,737,716.99

STATEMENT Showing condition at the close of business December 31, 1967, of

BRICE BANKING COMPANY, INC. Vidalia (Toombs), Ga.

As called for by the Superintendent of Banks

T. H. BRICE, President.
Date of Charter: 9-7-1965

LIZZIE GUIN, Cashier. Began Business: 10-14-1965

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 613,481.88

United States Government obliga-

tions, direct and guaranteed ..... . 1,316,153.70

Obliga~i~J!S of States and political

subdiVISIOnS.................. 23,833.00

Securities of Federal agencies and

u~~o~~t~~~~ . ~~~ ..g.u~~~t~~~..~~ 575,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 1,676,821.91

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 20,242.10

Real estate owned other than bank

premises.................... . 12,897.04

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets...................

None

Total Assets................$ 4,238,429.63

LIABILITIES

Demand deposits......$ 2,678,409.54

Time and savings deposits. . . . . 828,187.74

Deposits of U.S. Government.... . . . 34,673.26

Dep~s!ts of States and political sub-

dJVJSJons................. 140,051.84

Deposits of banks............... 117,068.39

Certified and officers' checks, etc... 26,591.46

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities........... 34,202.93

Capital notes and debentures.....

None

Preferred stock................

None

Common stock............. 100,000.00

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

Undivided profits........ 79,244.47

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

None

Total Liabilities.............$ 4,238,429.63

FORTY-EIGHTH ANNUAL REPORT

159

STATEMENT

Showing condition at the close of business December 31, 1967, of

DARBY BANKING COMPANY, INC. Vidalia (Toombs), 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, and

cash items in process of coDection.$ 992,548.24

United States Government obliga-

tions, direct and guaranteed . 355,072.57

Obliga!i~~s of States and political

SUbdlVlSIOnS. . .... 811,631.63

Securities of Federal agencies and

t~r.~~t~~~~ ~~~. -~~~~t~~. -~~ 1,250,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts.......... 2,359,332.39

Bank premises, furniture and f"axtures,

and other assets representing bank

premises.........

14,507.12

Real estate owned other than bank

premises.........

None

Customers' liability to this bank on

acceptances outstanding. ..

None

Other assets....

None

Total Assets..$ 5,783,091.95

LIABILITIES

Demand deposits$. 2,686,809.33

Time and savinp deposits. 1,484,997.92

Deposits of U.S. Government. 228,984.74

De~:O:.f. ~t~~e~. ~~~ .P_O.~t~c-~ .s~~ 702,707.46

Deposits of banks................ 141,001.48

Certified and officers' checks, etc. 22,588.49

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding.... Other liabilities. . . Capital notes and debentures.. Preferred stock... Common stock.... S u r p l u s . . . . . Undivided profits.. Reserves....

None 85,307.38
None None 200,000.00 150,000.00 80,695.15 None

Total Liabilities..$ 5,783,091.95

STATEMENT Showing condition at the close of business December 31, 1967, of
CITIZENS BANK Vienna (Doo1y), Ga.

As called for by the Superintendent of Banks

W. G. WILLIAMSON, President.
Date of Charter: 6-24-1931

A. J. JARVIS, Cashier. Began Business: 7-1-1931

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 450,667.34

United States Government obliga-

tions, direct and guaranteed ..... 799,625.00

Obligations of States and political

subdivisions. .... 206,628.26

Securities of Federal agencies and

t~r.~t~~~~ ~~~ -~~~t~~~.~~ 700,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts...... 1,796,765.32

Bank premises, furniture and fixtures,

and other assets representing bank

premises........

19,860.81

Real estate owned other than bank

premises......

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets..... ___2,_5_3_9_.9_9

Total Assets.....$ 3,976,086.72

LIABILITIES

Demand deposits...$ 1,758,876.19

Time and savinp deposits......... 1,008,148.09

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

8,522.90

Def!S!ts of States and political sub-

divisions... 711,742.75

Deposits of banks.....

None

Certified and officers' checks, etc 128,358.53

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

ing...

None

Other liabilities.

None

Capital notes and debentures

None

Preferred stock.. Common stock...... S u r p l u s . . . . . . . . . Undivided profits... Reserves.....

None 50,000.00 150,000.00 160,438.26
None

Total Liabilities$ 3,976,086.72

160

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF VILLA RICA Villa Rica (Carroll), Ga.

As called for by the Superintendent of Banks

J. G. KNIGHT, JR., President.
Date of Charter: 5-4-1899

SAM C. ANDERS, Cashier.
Began Business: 5-1899

ASSETS

Cash, balances with other banks, and

cash items in process of collection.S 841,044.10

United States Government obliga-

tions, direct and guaranteed .. 1,129,865.31

Obliga!ic;>'!s of States and political SUbdtVJSJOnS......... 276,739.75

Securities of Federal agencies and

t~r.~~t~~~s- . ~~~. -~~~t~~~. -~~ 449,868.75

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans. and discounts, including overdrafts.................... 1,935,282.77

Bank premises, furniture and fixtures,

and other assets representing bank premises. . . . . . . . . . . . . . . . . .

24,000.00

Real estate owned other than bank

premises.......

None

Customers' liability to this bank on

acceptances outstanding. . . . ....

None

Other assets.........

5,340.50

Total Assets........$ 4,662,141.18

LIABILITIES

Demand deposits..............$ 2,229,926.31

Time and savings deposits. . . . . . . 1,694,318.31

Deposits of U.S. Government. . . . 48,922.83

DefM!&!ts of States and political sub-

diVISions......... 261,717.13

Deposits of banks.....

None

Certified and officers' checks, etc

3,676.45

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities. ......... 26,631.31

Capital notes and debentures...... .

None

Preferred stock...........

None

Common stock.......... 100,000.00

Surplus............. 175,000.00

Undivided profits..... 71,948.84

Reserves............ 50,000.00

Total Liabilities.........$ 4,662,141.18

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF WADLEY Wadley (Jefferson), 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, and

cash items in process of collection..$ 261,542.66

United States Government obliga-

tions, direct and guaranteed .... 581,086.51

ObHga!ic;>'!s of States and poUtical subdiVISions. . ..... 176,785.44

Securities of Federal agencies and

tT~t~~~ .~~~. -~~t~~~. -~~ 363,568.80

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts......... 1,045,434.11

Bank premises, furniture and fixtures,

and other assets representing bank

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

32,951.08

Real estate owned other than bank

premises . . . . . . . .

None

Customers' liabUity to this bank on

acceptances outstanding........

None

Other assets. . .............

8,373.62

Total Assets.........$ 2,469,742.22

LIABILITIES

Demand deposits.......$ 1,025,327.67

Time and savings deposits. . . . . . . 996,544.18

Deposits of U.S. Government....... 30,502.31

DefK!S!ts of States and political sub-

divisions........... 155,620.58

Deposits of banks........

None

Certified and officers' checks, etc.. 17,620.93

Other liabUities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabUities...... 24,100.00

Capital notes and debentures.....

None

Preferred stock...... Common stock.....

None 50,000.00

Surplus................ 50,000.00

Undivided profits...... 120,026.55

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

None

Total LiabUities.......$ 2,469,742.22

FORTY-EIGHTH ANNUAL REPORT

161

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF WARNER ROBINS Warner Robins (Houston), Ga.

As called for by the Superintendent of Banks

ROBERT E. ATWATER, JR., President.
Date of Charter: 4-25-1956

JAS. S. FARR, Cashier. Began Business: 1-4-1957

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,646,934.31

United States Government oblip-

tions, direct and guaranteed . 1,767,573.20

Obliptions of States and political

subdivisions. .... 1,302,651.01

Securities of Federal asencies and

t~r.~~t~~~~ ~~~ -~~~~t~~~. -~~ 100,031.28

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and diacounts, includins over-

drafts........ 3,900,148.60

Bank premises, furniture and raxtures,

and other assets representinl bank

premises........

53,765.65

Real estate owned other than bank

premises........

4,142.23

Customers' Uability to this bank on

acceptances outstandins. . . .

None

Other assets. . 61,862.25

Total Assets...$ 8,837,108.5 3

LIABILITIES

Demand deposits...$ 4,227,620.86

Time and savinp deposits. . 2,393,758.58

Deposits of U.S. Government....... 33,846.95

De~sits of States and political sub-

divisions.......... 1,114,725.91

Deposits of banks.... 75,000.00

Certified and offlcen' checks, etc..

12,428.83

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

i n s . . . . .

None

Other Uabilities.... 299,415.08

Capital notes and debentures

None

Preferred stock.

None

Common stock.. 133,400.00

Surplus...... 75,000.00

Undivided profits. 338,352.12

Reserves 133,560.20

Total Liabilities....$ 8,837,108.53

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS STATE BANK Warner Robins (Houston), Ga.

As called for by the Superintendent of Banks

H. P. FLEMING, President.
Date of Charter: 12-13-1950

T. J. CALHOUN, JR., Cashier.
Began Business: 1-2-1951

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,917,022.30

United States Government oblip-

tions, direct and guaranteed 2,502,119.93

Obliptions of States and political

subdivisions. . 1,229,140.97

Securities of Federal apncies and

~r.~t~~~. ~~. -~~~?. -~~ 574,845.87

Other securities, corporate stocks and

stock in Federal Reserve Bank: .

None

Loans and diacounts, includins over-

drafts. . . . . . 6,257,803.60

Bank premises, furniture and fixtures,

and other assets representins bank

premises.... 148,413.08

Real estate owned other than bank premises. 136,995.52

Customers' Uability to this bank on

acceptances outatandins. ..

None

Other assets. ... 13,460.29

Total Assets.....$12,779,801.56

LIABILITIES

Demand deposits..$ 5,390,684.13

Time and savinp deposits 4,591,209.58

Deposits of U.S. Government 89,972.59

De~ts of States and political sub-

divisions...... 1,433,119.29

Deposits of banks...

None

Certified and officers' checks, etc.

3,985.23

Other Uabilities for borrowed money.

None

Acceptances exe.,uted by or for ac-

count of this bank and outstand-

ins...

None

Other Uabilities...... 496,741.39

Capital notes and debentures

None

Preferred stock....

None

Common stock.......... 300,000.00

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

Undivided profits.......... 274,089.35

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

None

Total Liabilities.....$12,779,801.56

162

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK Warrenton (Warren), Ga.

As called for by the Superintendent of Banks

HAL D. BEMAN, President.
Date of Charter: 4-14-1902

LANES. McELVEEN, Cashier.
Began Business: 4-1902

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 584,544.61

United States Government obliga-

tions, direct and guaranteed .. I ,326,518.49

Obliga!i'?'!s of States and political

subdiVJStons. . ......... 645,927.97

Securities of Federal agencies and

t~1.o~~t~~~~. ~~~. -~~~~t~~. -~~ 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.................... I ,668,939.03

Bank premises, furniture and flxtures,

and other assets representing bank

premises......... 146,928.23

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding...

None

Other assets. . .......... 40,949.50

Total Assets..........$ 4,713,807.83

LIABILITIES

Demand deposits....$ 1,706,395.58

Time and savings deposits.... 1,769,101.64

Deposits of U.S. Government... 28,470.52

Deposits of States and political sub-

divisions............... 589,598.77

Deposits of banks.......... 10,000.00

Certifled and offlcers' checks, etc.. 24,226.12

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities......... 49,883.44

Capital notes and debentures.....

None

Preferred stock..........

None

Common stock............ 200,000.00

Surplus........ 100,000.00

Undivided proflts...... 174,208.62

Reserves..... 61,923.14

Total Liabilities........$ 4,713,807.83

STATEMENT Showing condition at the close of business December 31, 1967, of

FARMERS AND MERCHANTS BANK Washington (Wilkes), Ga.

As called for by the Superintendent of Banks

ROBERT M. DRINKARD, President.
Date of Charter: 8-10-1949

JULIAN C. HESTER, Cashier.
Began Business: 3-14-1950

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 597,863.94

United States Government obliga-

tions, direct and guaranteed ..... 1,171,795.41

Obligations of States and political

subdivisions............ 610,528.61

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ . -~~~~t~~~..~~ 100,084.64

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts................. 2,218,819.59

Bank premises, furniture and flxtures,

and other assets representing bank

premises................. 61,895.55

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.......

None

Other assets.............

2,274.80

Total Assets.........$ 4,763,262.54

LIABILITIES

Demand deposits.........$ 1,249,026.73

Time and savings deposits..... 2,263,785.89

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

17,093.13

Dep<!sits of States and political sub-

dtvisions............. 825,117.89

Deposits of banks........

8,661.43

Certifled and officers' checks, etc...

2,566.42

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ing.........

None

Other liabilities....... 70,838.26

Capital notes and debentures.....

Nono>

Preferred stock............

None

Common stock............ 125,000.00

Surplus............... 125,000.00

Undivided proflts........... 69,672.79

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

6,500.00

Total Liabilities.......$ 4,763,262.54

FORTY-EIGHTH ANNUAL REPORT

163

STATEMENT

Showing condition at the close of business December 31, 1967, of

WASHINGTON LOAN AND BANKING COMPANY Washington (Wilkes), Ga.

As called for by the Superintendent of Banks

F. W. THOMAS, President.
Date of Charter: 9-7-1891

FRANK W. THOMAS, JR., Cashier.
Began Business: 5-1-1895

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 882,837.93

United States Government obllga-

tions, direct and guaranteed 3,089,476.85

Obliga!i~f!S of States and political

SUbdiVISIOns. 539,536.06

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ ~~~~t~~~~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts.......... 5,039,350.19

Bank premises, furniture and f"lxtures,

and other assets representing bank

premises.. . . . . . . . . . . . . 163,267.15

Real estate owned other than bank

premises. . . . . . . . . .

3,5 50.00

Customers' liability to this bank on

acceptances outstanding.

None

Other assets... _ _ _ _N_o_n_e

Total Assets.....$ 9,718,018.18

LIABILITIES

Demand deposits..$ 3,012,658.07

Time and savings deposits.. 4,387,560.16

Deposits of U.S. Government. 124,452.92

De~:,Sns~f. ~t~~~. ~~~ pol~t~c.a~ .s~~: 1,259,092.13

Deposits of banks.... 138,292.09

Certified and officers' checks, etc..

29,342.86

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other liabilities. . 112,556.31

Capital notes and debentures. Preferred stock....

None None

Common stock... 200,000.00

Surplus. 300,000.00

Undivided profits. 130,679.59

Reserves.

23,384.05

Total Liabilities...$ 9,718,018.18

STATEMENT

Showing condition at the close of business December 31, 1967, of

OCONEE STATE BANK Watkinsville (Oconee), Ga.

As called for by the Superintendent of Banks

H. H. WELLS, President.
Date of Charter: 6-5-1959

G. E. BORDEN, Cashier.
Began Business: 2-1-1960

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 619,464.55

United States Government obllga-

tions, direct and guaranteed . 802,502,38

Obliga!i~f!S of States and political

subdivisions................. .. 158,267.03

Securities of Federal agencies and

t~r.~t~~~~. ~~~ .~~t~~~~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts....................... . 1,022,378.72

Bank premises, furniture and fixtures,

and other assets representing bank

premises..........

7,877.45

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . ..

None

- - - - - Other assets.................. ..

1,635.34

Total Assets..$ 2,612,125.47

LIABILITIES

Demand deposits................$ 1,393,954.21

Time and savings deposits. 777,549.40

Deposits of U.S. Government..

9,217.96

Def~<!S!ts of States and political subdivisions................... .. 247,550.92

Deposits of banks. Certified and officers' checks, etc... Other liabilities for borrowed money.

None 16,656.22
None

Acceptances exe.,uted by or for ac-

count of this bank and outstanding......................... . Other liabilities.... Capital notes and debentures.. Preferred stock................. . Common stock..... Surplus....................... . Undivided profits.. Reserves...................... .

None 3,805.00
None None 75,000.00 15,000.00 73,391.76 None

Total Liabilities...............$ 2,612,125.47

164

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

COMMERCIAL BANK Waycross (Ware), Ga.

As called for by the Superintendent of Banks

J. M. NORMAN, President.
Date of Charter: 10-15-1918

P. E. PENN, Cashier. Began Business: 10-30-1918

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 2,101,146.83

United States Government oblip

tions, direct and guaranteed . 3,377,637.71

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 415,938.78

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee.d. . .b.y. 650,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . I 0,000.00

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . 2,580,509.90

Bank premises, furniture and flxtures,

and other assets representing bank

premises. . . . . . . . . . . . 184,866.12

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . .

None

Total Assets...........$ 9,320,099.34

LIABILITIES

Demand deposits..$ 5,353,414.67

Time and savings deposits. 2,191,008.52

Deposits of U.S. Government.... 132,269.82

De~sits of States and political sub-

divisions....... 632,426.77

Deposits of banks.......

None

Certifled ~nd offlcers' checks, etc.

50,062.93

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing........

None

Other liabilities...... 125,865.46

Capital notes and debentures...

None

Preferred stock...

None

Common stock....... 200,000.00

Surplus........ 300,000.00

Undivided profits....... 100,000.00

Reserves....... 235,051.17

Total Liabilities..$ 9,320,099.34

STATEMENT

Showing condition at the close of business December 31, 1967, of

SOUTHERN BANK Waycross (Ware), Ga.

As called for by the Superintendent of Banks

RALPH HERRIN, President.
Date of Charter: 5-22-1956

WILLIAM E. MITCHELL, Cashier.
Began Business: 6-11-1956

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,612,269.45

United States Government oblip-

tions, direct and guaranteed .... 692,000.00

Obligations of States and political

subdivisions. . ......... 784,774.93

Securities of Federal agencies and

t~r.~t~~~s.. ~~~. -~~~t~~. -~~ 738,463.86

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.......... 2,649,146.40

Bank premises, furniture and fixtures,

and other assets representing bank

premises........ 269,320.72

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . ....

None

Other assets............. 10,034.28

LIABILITIES

Demand deposits....$ 3,029,614.94

Time and savings deposits. . 1,999,920.08

Deposits of U.S. Government....... 44,756.86

De~ts of States and political sub-

divisions 827,421.22

Deposits of banks.....

None

Certified and officers' checks, etc 135,486.58

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ing.....

None

Other liabilities... 147,382.67

Capital notes and debentures :

None

Preferred stock..

None

Common stock....... 175,000.00

Surplus........... 360,000.00

Undivided profits... 36,427.29

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

None

Total Assets.......$ 6,756,009.64

Total Liabilities......$ 6,756,009.64

FORTY-EIGHTH ANNUAL REPORT

165

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF WAYNESBORO Waynesboro (Burke), Ga.

As called for by the Superintendent of Banks

M. K. TUCKER, President.
Date of Charter: 12-16-1890

MYRTIS L. LOVETT, Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,654,332.71

United States Government obliga

tions, direct and guaranteed 872,964.86

Obtiaa!i~J!S of States and political

SUbdtVISJOns. , , , , , , . , , . , , ... , , 839,182.67

Securities of Federal aaencies and

t~r.~~t~~~~. ~~~. -~~~~t~~. -~~ 1,422,538.15

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

25,000.00

Loans and discounts, includina over-

drafts.......... . . . . . . . . 5,012,489.11

Bank premises, furniture and fixtures,

and other assets representina bank

premises. . . . . . . . 235,217.66

Real estate owned other than bank

premises. .

None

Customers' Hability to this bank on

acceptances outstandina. .

None

Other assets. . . 35,715.16

Total Asseta....$10,097,440.32

LIABILITIES

Demand deposita$ 3,847,374.48

Time and savinp deposits......... 4,252,134.79

Deposits of U.S. Government....... 37,859.22

De!M!S!ts of States and political sub-

divisions................... .. 624,432.37

Deposits of banks 77,725.64

Certified and officers' checks, etc. 89,275.93

Other Habilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina........................ ..

None

Other list>ilitles....... 462,753.26

Capital notes and debentures.

None

Preferred stock

None

Common stock. 200,00(!.00

Surplus...................... .. 400,000.00

Undivided profits... 105,884.63

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

None

Total Liabilities...............$10,097,440.32

STATEMENT Showing condition at the close of business December 31, 1967, of

BANK OF GRADY COUNTY Whigham (Grady), Ga.
As called for by the Superintendent of Banks

AGNEW SMITH, President.
Date of Charter: 6-18-1965

THOMAS L. WALKER, Cashier.
Began Business: 7-1-1965

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 157,188.36

United States Government obliga-

tions, direct and guaranteed .. 49,970.00

Obliga!i~J!S of States and political

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

None

Securities of Federal aaencies and

t~r.~t~~~~ ~~~. -~~~t~~_-~~ 235,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includina over-

drafts....................... . 586,424.55

Bank premises, furniture and fixtures,

and other assets representina bank

premises................... .. 15,215.07

Real estate owned other than bank

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

None

Customers' Hability to this bank on

acceptances outstandina. . . . . .

None

Other assets........ _ _ _ _N_o_ne

Total Assets.......$ 1,043,797.98

LIABILITIES Demand deposits................$ Time and savinp deposits. . Deposits of U.S. Government..
De~:.:.'. ~t~~~. ~~~ -~~t~~ -s~~:
Deposits of banks. Certified and officers' checks, etc Other Habilities for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outatandina......................... . Other Habilities................ . Capital notes and debentures. Preferred stock Common stock................. . Surplus....................... . Undivided profits...... Reserves..................... ..

498,476.04 313,217.28
2,985.46
114,261.12 None
589.00 None
None 2,422.85
None None 50,000.00 50,000.00 11,846.23 None

Total Liabilities...............$ 1,043,797.98

166

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK Willacoochee (Atkinson), Ga.

As called for by the Superintendent of Banks

CHAS. T. LODER,

MARGUERITE B. LODER,

President.

Cashier.

Date of Charter: 1-4-1952

Began Business: 1-15-1952

ASSETS

Cash, balances with other banks, and

cash items in process of collection $ 333,494.90

United States Government obliga

tions, direct and guaranteed 247,035.07

Obliga~ic;>J!S of States and political

SUbdlVISJOnS. ......

4,000.00

Securities of Federal agencies and

t~~o~~t~~~~. ~~~. -~~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts............ 416,715.63

Bank premises, furniture and fixtures,

and other assets representing bank premises. . . . . . . . . . . . . . . .

15,332.42

Real estate owned other than bank

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

None

Customers' Uability to this bank on

acceptances outstanding. ....

None

- - - - Other assets..... ; ....

None

Total Assets........$ 1,016,578.02

LIABILITIES
Demand deposits.$ Time and savings deposits. . .. Deposits of U.S. Government. DejM?sits of States and political sub
divisions..... Deposits of banks..... Certified and officers' checks, etc Other Uabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ing......... Other Uabilities. . .... Capital notes and debentures... Preferred stock..... Common stock......... S u r p l u s . . . . . . . . Undivided profits... Reserves.......

446,692.22 389,330.00
6,690.05 91,573.37
None 7,174.64
None
None None None None 30,000.00 30,000.00 13,617.74 1,500.00

Total Liabilities...$ 1,016,578.02

STATEMENT Showing condition at the close of business December 31. 1967, of

BANK OF BARROW Winder (Barrow), Ga.

As called for by the Superintendent of Banks

JAMES HARRISON, President.
Date of Charter: 3-12-1951

L. P. HIX, Cashier. Began Business: 3-17-1951

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,366,996.74

United States Government obliga

tions, direct and guaranteed . 1,802,929.57

Obligations of States and political

subdivisions. . . . . . . . . 939,580.13

Securities of Federal agencies and

t~r.~~t~~~ . ~~~. -~~~t~~. -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. 154,381.20

Loans and discounts, including over-

drafts. . . . . . . . . . 3,344,368.40

Bank premises, furniture and fixtures,

and other assets representing bank

premiaes............ 32,265.75

Real estate owned other than bank

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

None

Customers' Uability to this bank on

acceptances outstanding. . ..

None

Other assets.............. 27,346.68

Total Assets......$ 7,767,868.47

LIABILITIES

Demand deposits.$ 4,182,971.71

Time and savings deposits. . 2,171,082.31

Deposits of U.S. Government....... 64,669.75

De!K!5!ts of States and political sub

divisions....... 501,195.78

Deposits of banks....

None

Certified and officers' checks, etc 65,561.59

Other Uabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing. . . . . . . . . .

None

Other Uabilities...... 177,988.38

Capital notes and debentures.

None

Preferred stock.......

None

Common stock............ 250,000.00

Surplus......... 250,000.00

Undivided profits........ 104,398.95

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

None

Total Liabilities......$ 7,767,868.47

FORTY-EIGHTH ANNUAL REPORT

167

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK Winder (Barrow), 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, and

cash items in process of collection$ 816,166.59

United States Government oblip

tions, direct and guaranteed 1,490,576.28

Obligations of States and political

subdivisions. . ..... 761,209.88

Securities of Federal agencies and

. ~r.~~t~~~~ ~~~. -~~~t~~~. -~~ 649,756.25

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts...... 2,318,423.70

Bank premises, furniture and f"tXtures,

and other assets representing bank

premises..... 109,159.82

Real estate owned other than bank

premises

None

Customers liability to this bank on

acceptances outstanding. . .

None

Other assets. . ....

None

Total Assets....$ 6,145,292.52

LIABILITIES

Demand deposita$ 3,338,851.96

Time and savings deposits. . 1,937,201.74

Deposits of U.S. Government....... 43,317.43

De~:ns~f. ~t~~~. ~~~ -~~t~c-~ .s~~ 363,855.35

Depoalts of banks. .

None

Certified and officers' checks, etc. . 12,843.42

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing.. Other liabilities. . . Capital notes and debentures. Preferred stock Common stock.

None 8,000.00
None None 100,000.00

S u r p l u s . . . Undivided profits... Reserves...

150,000.00 25,000.00
166,222.62

Total Liabilities.$ 6,145,292.52

STATEMENT Showing condition at the close of business December 31, 1967, of

THE CAMDEN COUNTY STATE BANK Woodbine (Camden), Ga.

As called for by the Superintendent of Banks

J. C. NEWTON, President.
Date of Charter: 6-2~1947

E. F. PARKER, Cashier.
Began Business: 1-2-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 678,535.39

United States Government oblip-

tlons, direct and guaranteed . 180,000.00

Obliptlons of States and poUtical

subdivisions. .. 10,000.00

Securities of Federal agencies and

. tT.~t~~~~ ~~~. -~~t~?. -~~ 399,512.20

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts.... 680,841.23

Bank premises, furniture and fixtures,

and other assets representing bank

premises........

3,543.00

Real estate owned other than bank

p r e m i s e s . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other assets. _ _ _ _N_o_n_e

Total Assets.$ 1,952,431.82

LIABILITIES
Demand deposits$ Time and savings deposita. Deposits of U.S. Government. De~sita of States and poUtlcal sub-
divisions . . . . Deposita of banks..... Certified and officers' checks, etc. Other liabiUties for borrowed money. Acceptances exe.,uted by or for ac-
count of this bank and outstanding..... Other liabilities... Capital notes and debentures. Preferred stock..... Common stock........ Surplus......... Undivided profits...... Reserves . . . . . . . . .

435,292.77 869,205.29
4,308.23 449,439.00
None 20,236.75
None
None 5,449.78
None None 50,000.00 75,000.00 43,500.00 None

Total Liabilities.$ 1,952,431.82

168

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE WOODBURY BANKING COMPANY Woodbury (Meriwether), Ga.

As called for by the Superintendent of Banks

T. H. CARROLL, President.
Date of Charter: 9-29-1902

KEN BARNES, Cashier.
Began Business: 9-29-1902

ASSETS

Cash, balances with other banks, and cash items in process of collection.$ 382,635.17

United States Government oblip-

tions, direct and guaranteed 385,061.30

Obliptions of States and political subdivisions. ....

None

. .. .. Securities of Federal agencies and ~r.~t~~~ ~~~ ~~~t~~ ~~ 775,085.43

Other securities, corporate stocks and atock in Federal Reserve Bank

None

Loans and discounts, including over drafts...... 967,031.88

Bank premiaes, furniture and f"txtures,

and other asaets representing bank premiaes....

4,853.52

Real estate owned other than bank premises..........

None

Customers' liability to this bank on acceptances outstanding.

None

- - - - Other asaets. ..

None

Total Assets.$ 2,514,667.30

LIABILITIES

Demand deposits$ 839,192.16

Time and savings deposits 1,211,983.85

Deposits of U.S. Government.

4,792.63

DeJM!S!ts of States and political sub-

divisions.. 136,896.76

Deposits of banks..

None

Certif"ted and off"tcers' checks, etc 10,018.96

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other liabilities. .....

7,926.67

Capital notes and debentures..

None

Preferred stock

None

Common stock.

50,000.00

Surplus. 100,000.00

Undivided prof"tts..... 143,856.27

Reserves. 10,000.00

Total Liabilities.$ 2,514,667.30

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE WOODLAND BANK Woodland (Talbot), Ga.

As called for by the Superintendent of Banks

J. F. WOODALL, President.
Date of Charter: 11-18-1907

C. E. MILLER, Cashier. Began Business: 11-25-1907

ASSETS

Cash, balances with other banks, and

cash items in process of collectionf 93,238.72

United States Government oblip-

tions, direct and guaranteed 230,763.80

Obliptions of States and political

subdivisions. . ..... 49,000.00

Securities of Federal agencies and

~r.~t~~~ .~~~ ..~t~~?..~~ 50,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts...... 87,326.29

Bank premises, furniture and f"txtures,

and other asaets representing bank

premiaes . . . . .

757.00

Real estate owned other than bank

premiaes. . . . . .

None

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets. . - - -6-89.-87

Total Assets...$ 511,775.68

LIABILITIES
Demand deposits.$ Time and savings deposits. Deposits of U.S. Government... Del"!!!ts of States and political sub-
divisions. Deposits of banks Certif"ted and off"tcers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding.... Other liabilities..... Capital notes and debentures.... Preferred stock Common stock S u r p l u s. . . . Undivided prof"tts.. Reserves..

316,249.21 24,879.61 4,149.70 79,162.11 None 240.00 None
None None None None 25,000.00 35,000.00 27,095.05 None

Total Liabilities.....$ 511,775.68

FORTY-EIGHTH ANNUAL REPORT

169

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF WOODSTOCK Woodstock (Cherokee), Ga.

As called for by the Superintendent of Banks

SMITH L. JOHNSTON, President.
Date of Charter: 11-13-1905

SYLVIA B. EDWARDS, Cashier.
Began Business: 11-13-1905

ASSETS

Cash, balances with other banlca, and

cash items in process of collection$ 204,755.82

United States Government oblip-

tiona, direct and guaranteed 536,107.76

Obliptions of States and poUtical

subdivisions. 176,222.83

Securities of Federal qencies and

t~r.~~t~~~~ ~~. -~~t~~~. -~~ 430,566.15

Other securities, corporate stoclca and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts. 1,436,168.33

Bank premises, furniture and fixtures,

and other assets representing bank

premises..

29,571.45

Real estate owned other than bank

premises...

None

Customers' UabiUty to this bank on

acceptances outstanding.

None

Other assets.

1,200.00

Total Asaeta..$ 2,814,592.34

LIABILITIES

Demand deposita$ 934,149.04

Time and savlnp deposita 1,314,883.13

Deposita of U.S. Government

13,279.38

DeJ::.:.f. ~t~~~.~~ -~~t~~ .s~~ 251,017.51

Deposits of banlca

None

Certified and officers' checlca, etc

None

Other UabiUties for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ina....

None

Other UabiUties. ...

65,152.04

Capital notes and debentures.

None

Preferred stock.

None

Common stock... 100,000.00

~e'd" j,;~fiis::::::::::::::::

100,000.00 36,111.24

Reserves

None

Total LlabiUties$ 2,814,592.34

STATEMENT Showing condition at the close of business December 31, 1967, of

FIRST STATE BANK Wrens (Jefferson), Ga.

As called for by the Superintendent of Banks

C. W. KITCHENS, SR., President.
Date of Charter: 2-25-1964

T. W. JOHNSON, JR., Cashier.
Began Business: 7-6-1964

ASSETS

Cash, balances with other banlca, and cash items in process of collection.$ 201,496.21

United States Government obliptiona, direct and guaranteed 471,371.75

Obliptiona of States and poUtical subdivisions.

69,532.20

Securities of Federal agencies and
~r.~t~~. ~~~. -~~t~~- -~~ 109,937.50

Other securities, corporate stoclca and stock in Federal Reserve Bank

None

Loans and dlacounts, including overdrafts....... 1,264,094.03

Bank premises, furniture and fixtures,

and other assets representing bank premises.....

23,783.33

Real estate owned other than bank
Cupsretommlaeerss.' .Ua.biUty.to.th is b ank on acceptances outstanding.
Other assets.

None
None None

Total Assets.$ 2,140,215.02

LIABILITIES
Demand deposits$ Time and savings deposita. Deposits of U.S. Government
DectC:::.:.f. ~t~~~.~~ -~~~~ .s~~:
Deposits of banks..... Certified and officers' checlca, etc. Other UabiUties for borrowed money. Acceptances exe.:uted by or for ac-
count of this bank and outstanding.... Other UabiUties.... Capital notes and debentures Preferred stock Common stock... S u r p l u s. . . . . . . . Undivided profits..... Reserves..

983,817.78 740,416.00
13,441.57
198,696.24 None
6,202.84 None
None 5,661.75
None None 50,000.00 50,000.00 91,978.84 None

Total LlabiUties...$ 2,140,215.02

170

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF WRIGHTSVILLE Wrightsville (Johnson), Ga.

As called for by the Superintendent of Banks

W. H. LOVETT, President.
Date of Charter: 2-16-1897

J. B. FULGHUM, Cashier.
Began Business: 2-16-1897

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 465,601.21

United States Government obliga

tions, direct and guaranteed 1,595,672.16

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 455,352.22

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.e.ed. . .b.y. 949,593.55

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 2,055,121.33

Bank premises, furniture and fixtures,

and other assets representin;; bank

premises. . . . . . . . . . . . . . . . . . 70,500.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . .

None

Total Assets.........$ 5,591,840.47

LIABILITIES

Demand deposits..$ 1,950,308.63

Time and savings deposits. . . 2,803,337.75

Deposits of U.S. Government....... 14,616.63

Dep!sits of States and political sub-

divisions............. 311,117.24

Deposits of banks......... 59,014.20

Certified and officers' checks, etc.. 24,372.06

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing..........

None

Other liabilities........

None

Capital notes and debentures......

None

Preferred stock.......

None

Common stock...... 100,000.00

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

Undivided profits....... 94,073.96

Reserves......... 35,000.00

Total Liabilities....$ 5,591,840.47

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE EXCHANGE BANK OF WRIGHTSVILLE Wrightsville (Johnson), Ga.

As called for by the Superintendent of Banks

FRANCIS F. SHURLING, President.
Date of Charter: 12-20-1909

NANNELLE FROST, Cashier.
Began Business: 12-20-1909

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 612,658.08

United States Government obliga-

tions, direct and guaranteed ... 469,586.60

Obligations of States and political

subdivisions................ 108,712.30

Securities of Federal agencies and

t~r.~~t~~~s.. ~~~. -~~~~t~~~. -~~ 170,135.15

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts............... 1,316,661.54

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 124,929.07

Real estate owned other than bank

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

None

Customers' liabllity to this bank on

acceptances outstanding. . . . . . . .

None

Other assets................. ___3.;.,4_4_7_.7_7

Total Assets..............$ 2,806,130.51

LIABILITIES

Demand deposits........$ 1,414,626.74

Time and savings deposits. . . 765,321.59

Deposits of U.S. Government.

8,982.00

Deposits of States and political sub

dtvisions............ 186,881.18

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

None

Certified and officers' checks, etc... 130,836.45

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstanding................ Other liabilities...... Capital notes and debentures..

None None None

Preferred stock......... Common stock............. Surplus................. Undivided profits............. Reserves..................

None 100,000.00 150,000.00
49,482.55 None

Total Liabilities....$ 2,806,130.51

FORTY-EIGHTH ANNUAL REPORT

171

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF ZEBULON Zebulon (Pike), Ga.

As called for by the Superintendent of Banks

J. J. EDWARDS, President.
Date of Charter: 3-18-1905

PAULS. PENN, JR., Cashier.
Began Business: 1-31-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 477,569.97

United States Government obliga-

tions, direct and guaranteed . . 523,442.36

Obliga~i?~s of States and political

subdiVJStons. . . . . . . . . . 332,486.00

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee.d. . .b.y. 225,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over-

drafts........................ 1,315,120.79

Bank premises, furniture and fixtures,

and other assets representing bank

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

63,797.82

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other assets. . . . . . . . .

479.58

LIABILITIES

Demand deposits........$ 1,049,124.74

Time and savings deposits. . . . . 1,396,432.97

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

10,943.72

De~~sn~f. ~t~~~. ~~~ .p.~l~t~c.a~ .s~~: 21 5,571.33

Deposits of banks. . . . . . . . . Certified and officers' checks, etc. . . Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding.............. Other liabilities............ Capital notes and debentures.... Preferred stock.......... Common stock............. Surplus.......... Undivided profits....... Reserves. . . . . . . . . . . .

None 1,343.03
None None 22,924.70 None None 50,000.00 75,000.00 106,556.03 10,000.00

Total Assets........$ 2,937,896.52

Total Liabilities...$ 2,937,896.52

172

DEPARTMENT OF BANKING

NAME OF BANK

APPUCATIONS FOR INCORPORATION AS REGULATED CERTIFICATED BANKS APPROVED
LOCATION

APPROVED

The Exchange Bank ..................... Douglas.... . . . . . . . . . . . . . . . . . 1- 3-67
Peoples State Bank .............. Jeffersonville . . . . . . . . . . . . . . . . . . 1-1().67 Barwick Banking Company ............... Barwick.......................... 1-11~7 Bulloch Exchange Bank ........... Preston........................... 1-2~7
First Citizens Bank ..................... Covington. . . . . . . . . . . . . . . . . . . . . 1-30-67 M.G. Pound Bank ................... Sparta . . . . . . . . . . . . . . . . . . . . . . . 1-3().67 Citizens Banking Company . . . . . . . . . . . . . . . . Sparks . . . . . . . . . . . . . . . . . . . . . . . . . 1-31~7 Bank of Ray City ................ Ray City.......................... 2- 9-67 The Brown Bank.... Cobbtown........................ 2-21~7 The Park Avenue Bank ............. Valdosta.......................... 3- 9-67 The Coastal Bank .................. Hinesville......................... 4-17~7 Citizens Bank ..... Milledgeville ..................... 6-28-67 Peoples Banking Company . . . . . . . . . . . . . . . Folkston. . . . . . . . . . . . . . . . . . . . . . 6-28-67 Farmers Bank .......................... Alma 6-3().67 The Bank of Augusta .................... Augusta ........................ 11-22~7 Citizens Service Bank ........ Omega ..................... 12-11~7 Mercantile City Bank ..... Atlanta...................... 12-29-67 Exchange Bank .................... Ludowici ...................... 12-29-67
*Did not complete organization within time -lim-i-t.------------------------------

APPUCATIONS FOR INCORPORATION AS REGULATED CERTIFICATED BANKS DISAPPROVED

NAME OF BANK

LOCATION

DISAPPROVED

Aycock Banking Company ................ Millen. . . . . . . . . . . . . . . ... . . . . . . . . . Merchants Bank of East Point .............. East Point. . . . . . . . . . . . . . . . . . . . . . JaJiles Rivers Bank ........... Albany. . . . . . . . . . . . . . . . . . . . . . . First City Bank ........... Atlanta........................... The Commercial Bank.......... Douglas . . . . . . . . . . . . . . . . . . . . . First State Bank ........... Portal. . . . . . . . . . . . . . . . . . . . . .

3-27~7
4-2().67
S-1~7 5-17~7
6-29-67 6-3().67

APPUCATIONS BY REGULATED CERTIFICATED BANKS TO INCREASE CAPITAL STOCK- APPROVED

NAME OF BANK

LOCATION

APPROVED

AMOUNT OF INCREASE

The Security State Bank............ McRae........... 4-14-67
The Peoples Bank of Macon. . . . . . . . . Macon. . . . . . . . . . . 6- 5~7 Citizens Bank . . . . . . . . . . . . . Kingsland . . . . . . . . 9- 5~7 Commercial Bank. . . . . . . . . . . . . . . . Tallapoosa....... 12- 5~7

$40,000 to $ 60,000 74,500 to 200,000 50,000 to 75,000 62,500 to 80,000

FORTY-EIGHTH ANNUAL REPORT

173

PERMITS TO BEGIN BUSINESS- REGULATED CERTIFICATED BANKS

NAME OF BANK

LOCATION

ISSUED

TO BEGIN BUSINESS

Commercial Bank ......... Tallapoosa . . . . . . . . . . . . . . . . 12-27-66 Dorsey Banking Company ....... Abbeville . . . . . . . . . . . . . . . . . 12-28-66 Pavo State Bank ........... Pavo . . . . . . . . . . . . . . . . . . . . . 1-13-67 The Security State Bank...... McRae . . . . . . . . . . . . . . . . . . . 1-27-67 Peoples Bank ............ St. Marys................. 1-30-67 Citizens Bank ........... Kingsland. . . . . . . . . . . . . . . . . 2-17-67 Peoples State Bank........ Jeffersonville . . . . . . . . . . . . . 2-22-67 Bulloch Exchange Bank ....... Preston. . . . . . . . . . . . . . . . . . . 3- 8-67 The Park Avenue Bank ...... Valdosta.................. 3-31-67 The Citizens Bank of Morven .... Morven................... 4- 4-67 M.G. Pound Bank .......... Sparta.............. . . . . . . 5-18-67 Barwick Banking Company....... Barwick . . . . . . . . . . . . . . . . . 5-24-67 The Exchange Bank ............ Douglas . . . . . . . . . . . . . . . . . . 6-23-67 Citizens Banking Company....... Sparks......... . . . . . . . . . . . 7-17-67 Peoples Banking Company ....... Folkston. . . . . . . . . . . . . . . . . 7-20-67 Frrst Citizens Bank .......... Covington................ 10-20-67 Bank of Ray City ............. Ray City................. 12-12-67 Citizens Service Bank ......... Omega ................. 12-27-67 The Coastal Bank .......... Hinesville . . . . . . . . . . . . . . . . 12-28-67 The Bank of Augusta ........... Augusta .................. 12-29-67 The Brown Bank .......... Cobbtown. ............... 12-29-67 Mercantile City Bank .......... Atlanta ................... 12-29-67 Exchange Bank .......... Ludowici ................ 12-29-67

1-12-67 1- 3-67 1-20-67 2- 1-67 2- 1-67 3-10-67 3- 1-67 3-16-67 4- 3-67 4-10-67 6- 1-67 6- 1-67 6-29-67 8- 1-67 7-24-67 11- 1-67 12-18-67 1- 2-68 1- 2-68 1- 2-68 1- 2-68 1- 2-68 1- 2-68

DISPOSITION OF PRIVATE BANKS UNDER REGULATED CERTIFICATED BANK ACT

Private banks registered as of January 1, 1966 ................. Converted to State Chartered Banks

47
=

(6in1966,1in1967) ................................ 7

Converted to Regulated Certificated Banks

(2 in 1966, 23 in 1967)............................... 25

Voluntarily discontinued conducting banking business

(7 at end of 1966, 2 in 1967)........................... 9

Private bank closed in 1967 due to bankruptcy . . . . . . . . . . . . . 1

Failed to complete conversion by January 2, 1968............... 1

Disapproved . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

47 Note: At the end of 1967, 6 of the 7 State Chartered Banks and 7 of the 25 Regulated Certificated
Banks had their deposits insured by the Federal Deposit Insurance Corporation.

174

DEPARTMENT OF BANKING

ABSTRACT OF REPORTS OF CONDITION OF REGULATED CERTIFICATED BANKS AS OF DECEMBER 31, 1967
(With Comparative Statement as of December 31, 1966)

Dec. 31, 1967 Dec. 31, 1966

25 Banks

2 Banks

Increase

ASSETS

Cash and balances with other banks. . . . . . . . $4,411,831.96

U.S. Government obligations............. 2,200,729.95

Obligations of States and political

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

10,000.00

Securities of Federal agencies ............ . 580,000.00

Loans and discounts ................... . 6,250,816.46

Bank premises, furniture and fixtures and

other assets representing bank premises. 503,535.59

Real Estate owned other than bank premises .

20,000.00

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

21,759,35

TOTAL ASSETS ...................... $13,998,673.31

$ 226,759.80 385,476.49
---------
492,675.25
30,517.31 -----
2,462.83 $1 !137,891.68

$ 4,185,072.16 1,815,253.46
10,000.00 580,000.00 5,758,141.21
473,018.28 20,000.00 19,296.52
$12,860,781.63

LIABILITIES

Demand Deposits ...................... $ 6,162,878.51

Time Deposits . . . . . . . . . . . . . . . . . . . . . . . . 4,438,684.96

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

59,164.36

Deposits of States and political subdivisions.. 477,531.29

Deposits of Banks. . . . . . . . . . . . . . . . . . . . . .

50,000.00

Other Deposits (certified and officers'

checks, etc.)..................... 122,252.71

TOTAL DEPOSITS .................... $11,31 0,511.83

Other Liabilities . . . . . . . . . . . . . . . . . . . . . . .

40,386.27

TOTAL LIABILITIES (Not including capital accounts) .................. $11,350,898.10

$ 621,808.31 326,050.62 ----8,047.48
-----
8,057.02 $ 963,963.43
6,333.20
$ 970,296.63

$ 5,541,070.20 4,112,634.34 59,164.36 469,483.81 50,000.00
114,195.69 $1 0,346,548.40
34,053.07
$10,380,601.47

CAPITAL ACCOUNTS

Common Stock ....................... $ 1,407,000.00

Surplus.... . . . . . . . . . . . . . . . . . . . . . . . . . . 838,175.00

Undivided Profits... . . . . . . . . . . . . . . . . . . . 397,003.32

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

5,596.89

TOTAL CAPITAL ACCOUNTS ........... $ 2,647,775.21

$ I02,000.00 44,850.00 20,745.05
$ 167,595.05

$ 1,305,000.00 793,325.00 376,258.27 5,596.89
$ 2,480,180.16

TOTAL LIABILITIES AND CAPITAL ACCOUNTS ............. $13,998,673.31 $1 !137!891.68 $12,860!781.63

FORTY-EIGHTH ANNUAL REPORT

175

STATEMENT

Showing condition at the close of business December 31, 1967, of

DORSEY BANKING COMPANY (Regulated Certificated Bank- Deposits Insured up to $15,000)
Abbeville (Wilcox), Ga.

As called for by the Superintendent of Banks

NINA T. DORSEY, President.
Date oflncorporation: 12-19-1966

NINA T. DORSEY, Cashier.
Began Business: 1-3-1967

ASSETS Cash, balances with other banks, and
cash items in process of collection$ United States Government obliga-
tions, direct and guaranteed Obliga!i~~s of States and political
subdiV18lons . . . . Securities of Federal agencies and
t~r.~~t~~~~ .~~~ ..~~~~t~~~..~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, including overdrafts.......
Bank premises, furniture and f'txtures, and other assets representing bank premises...........
Real estate owned other than bank premises.................... .
Customers' liability to this bank on acceptances outstanding. .
Other aasets. ......
Total Assets....$

39,918.92 2,988.13 None
160,000.00 None
91,752.80
5,000.00 None None None
299,659.85

LIABILITIES
Demand deposits................$ Time and savings deposits.. Deposits of U.S. Government
De~:.:.f. ~t~~~. ~~ .~.li.t~c.~ .s~~
Deposits of banks... Certlf'ted and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding........................ .. Other liabilities..... Capital notes and debentures.. Preferred stock................. . Common stock....... Surplus....................... . Undivided pronts............... . Reserves..................... ..

156,176.00 52,019.17 None 39,477.52 None 417.51 None
None None None None 25,000.00 17,500.00 9,069.65 None

Total Liabilities...............$ 299,659.85

STATEMENT

Showing condition at the close of business December 31, 1967, of

MERCANTILE CITY BANK (Regulated Certificated Bank- Deposits Not Insured)
Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

A. E. GARBER, President.
Date oflncorporation: 12-29-1967

MIRIAM K. FREEDMAN, Cashier.
Began Business: 1-2-1968

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 234,441.00

United States Government obliga-

tions, direct and guaranteed

None

Obliga!i~~ of States and political

subdiV18lons. . . .

None

Securities of Federal agencies and

u~r.~t~~~ ~~~. -~~~t.e~~~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts....................... . 44,329.00

Bank premises, furniture and f'txtures,

and other assets representing bank

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

None

Real estate owned other than bank

premises. . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

- - - - Other assets. . . . . . . . . . . .

776.00

Total Assets...$ 279,546.00

LIABILITIES
Demand deposits......$ Time and savings deposits. .. Deposits of U.s. Government.
De~:.:.f. ~t~~e~. ~~~ .~.~~~ .s~~:
Deposits of banks..... Certif'ted and officers' checks, etc... Other liabilities for borrowed money. Acceptances exe.,uted by or for ac-
count of this bank and outstanding........................ .. Other liabilities....... Capital notes and debentures.. Preferred stock................. . Common stock.... Surplus....................... . Undivided proms.... Reserves...................... .

None 28,489.00
None
None None None None
None 60.00 None None 75,000.00 100,000.00 75,997.00 None

Total Liabilities...............$ 279,546.00

176

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BANK OF AUGUSTA (Regulated Certificated Bank- Deposits Not Insured)
Augusta (Richmond), Ga.

As called for by the Superintendent of Banks

D. S. McARTHUR, President.
Date of Incorporation: 11-27-1967

C. W. MATTHEWS, Cashier.
Began Business: 1-2-1968

ASSETS Cash, balances with other banks, and
cash items in process of coUection$ United States Government oblip-
tions, direct and guaranteed Oblip!i'?'!s of States and political
subdiVJSaons. . ..... Securities of Federal a1encies and
. ~r.~~t~~~~ ~~~. -~~~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans. and discounts, incJudin1 overdrafts...........
Bank premises, furniture and f1xtures, and other assets representinl bank premises......
Real estate owned other than bank premises........
Customen' liability to this bank on acceptances outstandin1...
Other assets. . ....

1,159,721.98 378,507.81 None
None None 1,921,608.53
279,250.79 None None
6,899.91

Total Assets..$ 3,745,989.02

LIABILITIES Demand deposits...$ Time and savinp deposits Deposits of U.S. Government. DeJK!S!ts of States and political sub-
divisions...... Deposits of banks....... Certif1ed and off1cen' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandinl....... Other liabilities..... Capital notes and debentures..... Preferred stock..... Common stock........ Surplus......... Undivided prof1ts...... Reserves

992,114.35 2,119,092.30
None
82,300.92 None
53,251.69 None
None 554.85
None None 200,000.00 250,000.00 48,674.91 None

Total Liabilities...$ 3,745,989.02

STATEMENT

Showing condition at the close of business December 31, 1967, of

BARWICK BANKING COMPANY (Regulated Certificated Bank- Deposits Not Insured)
Barwick (Brooks), Ga.

As called for by the Superintendent of Banks

C. R. SIMMONS, JR., President.
Date of Incorporation: 2-16-1967

LUCILLE M. JONES, Cashier.
Began Business: 6-1-1967

ASSETS Cash, balances with other banks, and
cash items in process of coUection$ United States Government oblip-
tions, direct and guaranteed .. Oblip!i'?'!l of States and political
SUbdiVJSIOns. ... Securities of Federal qencies and
~r.~t~~~. ~~~. -~t~~~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, includin1 overdrafts....
Bank premises, furniture and fixtures, and other assets representin1 bank premises...
Real estate owned other than bank p r e m i s e s
Customen' liability to this bank on acceptances outstandin1. ....
Other assets. ........
Total Assets. ...$

102,998.84 49,078.60 None
None None None
834.00 None None None
152,911.44

LIABILITIES Demand deposits.....$ Time and savinp deposits. Deposits of U.S. Government.. DeJK!S!ts of States and political sub-
divisions.... Deposits of banks. Certif1ed and officen' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandi n l . . . . . . . Other liabilities. . ... Capital notes and debentures Preferred stock.. Common stock... Surplus . . . . . Undivided prof1ts.... Reserves

105,695.56 None None
11,858.41 None
871.51 None
None 51.30 None None 25,000.00 5,000.00 4,434.66 None

Total Liabilities....$ 152,911.44

FORTY-EIGHTH ANNUAL REPORT

177

STATEMENT

Showing condition at the close of business December 31, 1967, of

FARMERS CLEARING BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
Cadwell (Laurens), Ga.

As called for by the Superintendent of Banks

W. A. BEDINGFIELD, President.
Date oflncorporation: 10-14-1966

L. KENNON SMITH, JR., Cashier.
Began Business: 11-15-1966

ASSETS Cash, balances with other banks, and
caah items in process of collection$ United States Government oblip
tiona, direct and guaranteed Oblip!i~ns of States and poHtical
subdivisiona. ........ Securities of Federal asencles and
t~r.~t~~~ ~~~. -~~t~~. -~~
Other securities, corp<Wate stocks and stock in Federal Reserve Bank.....
Loans and discounts, includins overdrafts..........
Bank premises, furniture and f"txtures, and other assets representins bank premises.....
Real eatate owned other than bank premises........
Customers' Habillty to this bank on acceptances outstandins. .
Other assets. .....
Total Assets.$

160,976.68 152,050.65
None
None None 289,012.91
4,929.73 None None
376.42 607,346.39

LIABILITIES Demand deposita.$ Time and savinp deposita. Deposits of U.S. Government
De~:,S.:.f. ~t~~~.~~ -~-~t~c-~ .~~
Deposits of banks...... Certified and officen' checks, etc... Other Habillties for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandins............. Other Habilities. ....... Capital notes and debentures..... Preferred stock......... Common stock........... Surplus . . . . . . . . Undivided profits Reserves. . . . .

317,218.34 173,214.35
None 28,597.28
None 979.36
None
None 1,878.41
None None 27,500.00 50,000.00 7,958.65 None

Total Liabilities........$ 607,346.39

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE BROWN BANK (Regulated Certificated Bank- Deposits Not Insured)
Cobbtown (Tattnall), Ga.

As called for by the Superintendent of Banks

W. L. BROWN, SR., President.
Date of Incorporation: 10-2-1967

W.A. SIKES, Cashier. Began Business: 1-2-1968

ASSETS
Cash, balances with other banks, and caah items in process of collection.$
United States Government obliptlona, direct and guaranteed
Obliptlona of States and political subdivisions.
Securities of Federal qenclea and
t~l"~t~~~. ~~~ ~t~~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, includins overdrafts........................
Bank premises, furniture and f"txtures, and other assets representlns bank premises. . . . .
Real estate owned other than bank premises. . . . .
Customers' Hability tdinot.his bank on acceptances outstan I . . ..... .
Other assets. . . . . . . . . . .
Total Assets....$

324,171.35 None None
None None 212,153.00
12,000.00 None None None
548,324.35

LIABILITIES Demand deposits.$ Time and savinp deposita Deposits of U.S. Government. Dep<!sits of States and poHtical sub-
divisiona. . . . . . . . Deposits of banks.... Certified and officen' checks, etc Other Habilities for borrowed money. Acceptances exe.,uted by or for ac-
count of this bank and outatandinll . . . . . . . . Other Habilities. ...... Capital notes and debentures. Preferred stock. Common stock Surplus . . . . Undivided profits Reserves. . . . . . . . . .

329,661.37 109,216.89
None None None 5,215.13 None
None None None None 50,000.00 30,000.00 24,230.96 None

Total Liabilities........$ 548,324.35

178

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

FIRST CITIZENS BANK (Regulated Certificated Bank- Deposits Not Insured)
Covington (Newton), Ga.

As called for by the Superintendent of Banks

W. B. COLLETT, President.
Date of Incorporation: 4-25-1967

DON W. FISHER, Cashier.
Began Business: 11-1-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection.$
United States Government obligations, direct and guaranteed . .
Obligations of States and political subdivisions. . . . . . . . . . . .
Securities of Federal agencies and corporations not guaranteed by U.S. . . . . . . . . . . . . . . . . . . . .
Other securities, corporate stocks and stock in Federal Reserve Bank. .
Loans and discounts, including overdrafts.. . . . . . . . . . . . . . . .
Bank premises, furniture and fixtures, and other assets representing bank premises. . . . . . . . . . . . .
Real estate owned other than bank premises.. .. .. .. .. .. .. .. .. .. .
Customers' liability to this bank on acceptances outstanding. . . . . .
Other assets. . . . . . . . . . . . . . .
Total Assets..........$

77,834.99 1,000.00 None
None None 89,659.53
24,304.12 None None
1,02 5.00 193,823.64

LIABILITIES Demand deposits.......$ Time and savings deposits. . .... Deposits of U.S. Government.. Dep?sits of States and political sub-
divisions............ Deposits of banks......... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities........ Capital notes and debentures.. Preferred stock...... Common stock........... Surplus....................... . Undivided profits........ Reserves...................... .

31,060.01 76,850.48
None None None 3,320.86 None
None 4,450.85
None None 26,000.00 26,000.00 26,141.44 None

Total Liabilities...............$ 193,823.64

STATEMENT Showing condition at the close of business December 31, 1967, of

THE EXCHANGE BANK (Regulated Certificated Bank- Deposits Not Insured)
Douglas (Coffee), Ga.

As called for by the Superintendent of Banks

M. E. BELGER, President.
Date of Incorporation: 1-13-1967

J. E. BELGER, Cashier. Began Business: 6-29-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection.$
United States Government obligations, direct and guaranteed . . . . .
Obliga~i~~s of States and political SUbdiVISIOnS.... , ...... , , .... , .
Securities of Federal agencies and
~r.~~t~~~~. ~~~ .'."~~t.e~~..~~
Other securities, corporate stocks and stock in Federal Reserve Bank. . . .
Loans and discounts, including overdrafts. . . . . . . . . . . . . . . . . . .
Bank premises, furniture and fixtures, and other assets representing bank premises. . . . . . . . . . . . . . . . . . . .
Real estate owned other than bank premises. . . . . . . . . . . . . . .
Customers' liability to this bank on
o::;:~t=~:.s .0.~t~t.a~~~~~. .: : : : : : :

157,222.03 None None
None None 197,067.32
5,352.44 20,000.00
None None

LIABILITIES
Demand deposits.........$ Time and savings deposits. . ... Deposits of U.S. Government... Dep?s!ts of States and political sub-
diVISIOns. , , , . , ... , , , ..... , , , , Deposits of banks....... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding............... Other liabilities........... Capital notes and debentures...... Preferred stock........... Common stock.............. Surplus....................... Undivided profits............ Reserves...................... .

207,735.44 103,017.13
None
None None 1,995.99 None
None None None None 50,000.00 12,500.00 4,393.23 None

Total Assets...............$ 379,641.79

Total Liabilities......$ 379,641.79

FORTY-EIGHTH ANNUAL REPORT

179

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES BANKING COMPANY (Regulated Certificated Bank- Deposits Not Insured)
Folkston (Charlton), Ga.

As called for by the Superintendent of Banks

DR. J. M. JACKSON,
President. Date of Incorporation: 7-13-1967

WININA ALLEN, Cashier.
Began Business: 7-24-1967

ASSETS Cash, balances with other banks, and
cash items in process of coUection$ United States Government obliga-
tions, direct and guaranteed Obligations of States and political
subdivisions......... Securities of Federal agencies and
t~W.o~~t~~~~. ~~~. -~~~~t~~?. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, including overdrafts...........
Bank premises, furniture and fixtures, and other assets representing bank premises............
Real estate owned other than bank premises.............
Customers' liability to this bank on acceptances outstanding. . ..
Other assets. . ..........

139,350.05 492,888.28
None
None None 377,491.85
11,276.34 None None
3,493.47

Total Assets..........$ 1,024,499.99

LIABILITIES Demand deposits...$ Time and savings deposits.. Deposits of U.S. Government.. Dep<!sits of States and political sub-
divisions........ Deposits of banks.... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding............ Other liabilities. . ........ Capital notes and debentures..... Preferred stock........ Common stock........ Surplus... Undivided profits...... Reserves . . . . . . . .

389,912.05 527,184.77
None None None None None
None 11,697.88
None None 50,000.00 30,000.00 15,705.29 None

Total Liabilities.....$ 1,024,499.99

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE COASTAL BANK (Regulated Certificated Bank- Deposits Not Insured)
Hinesville (Liberty), Ga.

As called for by the Superintendent of Banks

CHARLES A. PURSER, President.
Date of Incorporation: 6-26-1967

FRED B. NEWTON, Cashier.
Began Business: 1-2-1968

ASSETS Cash, balances with other banks, and
cash items in process of coUection.$ United States Government obliga-
tions, direct and guaranteed ... Obligations of States and political
subdivisions. ....... Securities of Federal agencies and
tT~t~~~~. ~~~. -~~t~~~- -~~
Other securities, corporate stocks and stock in Federal Reserve Bank..
Loans and discounts, including overd r a f t s. . . . . .
Bank premises, furniture and fixtures, and other assets representing bank premises..........
Real estate owned other than bank premises..........
Customers' liability to this bank on acceptances outstanding...
Other assets. .....
Total Assets.......$

111,525.59 None None
None None 254,397.15
10,152.67 None N.me
1,125.02 377,200.43

LIABILITIES Demand deposits.....$ Time and savings deposits. . . Deposits of U.S. Government... De~ts of States and political sub-
divisions . . . . . . . . . Deposits of banks... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outstanding......... Other liabilities........ Capital notes and debentures... Preferred stock...... Common stock........... Surplus. . . . . . . . . . Undivided profits...... Reserves . . . . . . . . . .

237,036.92 43,122.94 None None None 3,064.38 None
None 3,832.73
None None 75,000.00 12,500.00 2,643.46 None

Total Liabilities......$ 377,200.43

180

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES STATE BANK (Regulated Certificated Bank- Deposits Not Insured)
Jeffersonville (Twiggs), Ga.

As called for by the Superintendent of Banks

A. T. LAND, JR., President.
Date oflncorporation: 1-18-1967

JAMES W. ARNOLD,
Cashier. B~gan Business: 3-1-1967

ASSETS

Cash, balances with other banks, and cash items in process of collection$ 83,775.32

United States Government oblip-

tions, direct and guaranteed 19,987.75

Oblip~i~J!S of States and political subdJYJSJons . . . . . . . .

None

Securities of Federal qencies and

t~r.~~t~~~~ ~~~ ~~~t~~ .~~ 30,000.00

Other securities, corporate stocks and stock in Federal Reserve Bank...

None

Loans and discounts, includina over d r a f t s . . . . . . . . . . . .

80,728.47

Bank premises, furniture and f"lxtures,

and other assets representina bank premises..............

2,764.24

Real estate owned other than bank premises..........

None

Customers' liability to this bank on

acceptances outstandinJ. . . ...

None

- - - - Other assets.......

None

Total Assets......$ 217,255.78

LIABILITIES
Demand deposits...$ Time and savinp deposits.... Deposits of U.S. Government....
De~:,S.:.f. ~t~~~. ~~~ .~~t~~a~ .s~~
Deposits of banks............. Certif"led and off"lcers' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandi n J . . . . . . . . . . . . Other liabilities. .... Capital notes and debentures... Preferred stock..... Common stock.... S u r p l u s . . . . . . . . Undivided prof"lts..... Reserves

171,211.56 None None None None
10,320.99 None
None 3,622.32
None None 25,000.00 5,000.00 2,100.91 None

Total Liabilities...$ 217,255.78

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
Kingsland (Camden), Ga.

As called for by the Superintendent of Banks

S. C. SHEFFIELD, President.
Date of Incorporation: 1-18-1967

KENNETH F. WADE,
Cashier. Began Business: 3-1~1967

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obli&a tions, direct and guaranteed ...
Oblip~i~J!S of States and political subdivisions. . .......
Securities of Federal aaencies and
t~r.~t~~~~ . ~~~ ..~t~~?..~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, includina over drafts......
Bank premises, furniture and f"lxtures, and other assets representinJ bank premiA~ . . . . . . . . .
Real estate owned other than bank premises . . . . . . . . .
Customers' liability to this bank on acceptances outstandinJ. . .
Other assets........
Total Assets. .....$

192,143.76 69,312.50 None
50,000.00 None
228,921.16
7,106.81 None None None
547,484.23

LIABILITIES
Demand deposits...$ Time and savinp deposits.... Deposits of U.S. Government. Dep!sits of States and political sub
divisions........ Deposits of banks........ Certified and off"lcers' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac
count of this bank and outstand ina......... Other liabilities.... Capital notes and debentures Preferred stock Common stock S u r p l u s . . . . . . . . . Undivided prof"lts.. Reserves . . . . . . . . . . . . . . . .

172,892.77 219,455.54
None
None 50,000.00
2,001.48 None
None 212.24
None None 75,000.00 10,000.00 17,922.20 None

Total Liabilities......$ 547,484.23

FORTY-EIGHTH ANNUAL REPORT

181

STATEMENT

Showing condition at the close of business December 31, 1967, of

EXCHANGE BANK (Regulated Certificated Bank- Deposits Not Insured)
Ludowici (Long), Ga.

As called for by the Superintendent of Banks

C. M. JORDAN, President.
Date of Incorporation: 1-29-1967

JAMES A. ROSS, Cashier.
Began Business: 1-2-1968

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 45,259.85

United States Government oblip-

tions, direct and guaranteed

None

ObUptions of States and political

su~ions . . . . .

None

Securities of Federal agencies and

t~r.~t~~~~ . ~~~ ~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including overdrafts....................... .

None

Bank premises, furniture and tlxtures,

and other assets representing bank

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

3,000.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. ..

None

- - - - Other assets. ................ ..

351.50

Total Assets$ 48,611.35

LIAWLITIES Demand deposits$ Time and savings deposits. Deposits of U.S. Government.
ne~:,s.,:.f. ~t~~~.~~ -~~~ -~~
Deposits of banks... Certified and officen' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand ing... Other liabilities. ............ . Capital notes and debentures. Preferred stock................. . Common stock. Surplus.. Undivided profits. Reserves...................... .

13,611.35 None None None None None None
None None None None 25,000.00 5,000.00 5,000.00 None

Total Liabilities..$ 48,611.35

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PEOPLES BANK OF MACON (Regulated Certificated Bank- Deposits Insured up to S1S,OOO)
Macon (Bibb), Ga.

As called for by the Superintendent of Banks

DENNIS J. F. BEALL, President.
Date oflncorporation: 8-1 0-1966

HOLST C. BEALL, JR., Cashier.
Began Business: 9-12-1966

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obliptlons, direct and guaranteed ..
Oblip~~~ of States and political subdivisions. ..
Securities of Federal agencies and
~r.~t~~~. ~~~. -~t~~- .~~
Other securities, corporate stocks and stock in Fedenl Reserve Bank
Loans and discounts, including overdrafts....
Bank premises, furniture and f'JXtures, and other assets representing bank premises
Real estate owned other than bank premises... .... ..
Cuatomers' liability to this bank on acceptances outstanding.
Other assets. ....

166,595.70 456,963.58
None
None None 520,077.28
23,707.62 None None
1,074,76

Total Assets.$ 1,168,418.94

LIAWLITIES
Demand deposits.$ Time and savings deposits. Deposits of U.S. Government De~ of States and political sub-
divisions. .. Deposits of banks. Certified and oftlcen' checks, etc Other liabiUties for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outstandinJ.. Other liabilities. . Capital notes and debenturea Preferred stock................. . Common atock S u r p l u s Undivided profits. Reserves.

452,893.61 261,963.44
None 102,679.35
None 16,531.09
None
None 12,634.47
None None 200,000.00 103,975.00 17,741.98 None

Total Liabilities.$ 1,168,418.94

182

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE SECURITY STATE BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
McRae (Telfair), Ga.
As called for by the Superintendent of Banks

QUITMAN COOK, President.
Date of Incorporation: 12-8-1966

QUITMAN COOK, Cashier.
Began Business: 2-1-1967

ASSETS Cash, balances with other banks, and
cash items in process of collection$ United States Government obliga-
tions, direct and guaranteed Obliga~i~~s of States and political
subdiVISIOns. . ..... Securities of Federal agencies and
t~~o~~t~~~~. ~~~. -~~~~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, including overdrafts..............
Bank premises, furniture and f"lxtures, and other assets representing bank premises............
Real estate owned other than bank premises . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding.....
Other assets...................
Total Assets............$

168,837.39 None None
100,000.00 None
200,903.92
201.05 None None None
469,942.36

LIABILITIES Demand deposits..........$ Time and savings deposits. . ...... Deposits of U.S. Government.... Deposits of States and political sub-
divisions . . . . . . . Deposits of banks...... Certif"led and off"lcers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding. . . . . . . . . . . . . . . . . . Other liabilities........ Capital notes and debentures...... . Preferred stock........... Common stock............... Surplus.............. Undivided prof"lts........ Reserves . . . . . . . . . . . . . . . . .

340,599.85 10,000.00 10,000.00
27,541.19 None
224.33 None
None None None None 60,000.00 10,000.00 11,576.99 None

Total Liabilities............$ 469,942.36

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE CITIZENS BANK OF MORVEN (Regulated Certificated Bank- Deposits Not Insured)
Morven (Brooks), Ga.

As called for by the Superintendent of Banks

E. S. WEBB, President.
Date of Incorporation: 3-9-1967

EDGAR B. McDONALD, Cashier.
Began Business: 4-10-1967

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 63,542.04

United States Government obliga-

tions, direct and guaranteed .. 101,031.37

Obligations of States and political

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

10,000.00

Securities of Federal agencies and

t?.~t~~~~ . ~~~. -~~~t~~?. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts................. 187,304.06

Bank premises, furniture and f"lxtures,

and other assets representing bank

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

1,126.63

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .....

None

- - - - - Other assets..................

45.74

Total Assets................$ 363,049.84

LIABILITIES Demand deposits.........$ Time and savings deposits.. Deposits of U.S. Government.... Dep<?s!ts of States and political sub-
diVISIOns. . . . . . . . . . . . . . . . . . Deposits of banks....... Certif"led and off"lcers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding . . . . . . . . . . . . . . . . . . . Other liabilities........... Capital notes and debentures... Preferred stock...... Common stock............ Surplus. . . . . . . . . . . . . . . . . Undivided prof"lts............ Reserves. . . . . . . . . . . . . . . . . . .

224,625.05 71,128.87 None
9,342.71 None None None
None 1,100.00
None None 45,000.00 5,000.00 6,853.21 None

Total Liabilities............$ 363,049.84

FORTY-EIGHTH ANNUAL REPORT

183

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS SERVICE BANK (Regulated Certificated Bank- Deposits Not Insured)
Omega (Tift), Ga.

As called for by the Superintendent of Banks

JOHN D. McLEOD, President.
Date of Incorporation: 12-12-1967

JAMES E. CLARK, Cashier.
Began Business: 1-2-1968

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 70,534.58

United States Government obliga-

tions, direct and guaranteed Obliga!ic_>~s of States and political

5,000.00

SUbdlvtSlOnS . . . . . .

None

Securities of Federal agencies and

corporations not guaranteed by

u.s.................

None

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts...................

7,040.47

Bank premises, furniture and tlxtures,

and other assets representing bank

premises . . . . . . . . .

7,500.00

Real estate owned other than bank

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

None

Customers liability to this bank on

acceptances outstanding......

None

- - - - Other assets. . ........

None

Total Assets........$ 90,075.05

LIABILITIES Demand deposits$ Time and savings deposits. Deposits of U.S. Government
ne~:.:.f. ~t~~~.~~~ -~~-t~~ .s~?:
Deposits of banks.. Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding . . . . . . . Other liabilities. . .. Capital notes and debentures. Preferred stock... Common stock..... Surplus.. Undivided profits.. Reserves . . . . .

50,120.35 None None
4,650.34 None
262.49 None
None None None None 25,000.00 5,000.00 5,041.87 None

Total Liabilities.$ 90,075.05

STATEMENT

Showing condition at the close of business December 31, 1967, of

PAVO STATE BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
Pavo (Thomas), Ga.

As called for by the Superintendent of Banks

J.A.CURRY, President.
Date of Incorporation: 12-27-1966

L. C. MILLER, Cashier. Began Business: 1-20-1967

ASSETS Cash, balances with other banks, and
cash items in process of coUection$ United States Government obliga-
tions, direct and guaranteed . Obliga!{c_>~s of States and political
subdlVlSlons. ...... Securities of Federal agencies and
~r.~t~~~~ .~~~. -~~~t~~~..~~
Other securities, corporate stocks and stock in Federal Reserve Bank...
Loans and discounts, including overdrafts..............
Bank premises, furniture and fixtures, and other assets representing bank premises..........
Real estate owned other than bank premises..........
Customers' liability to this bank on acceptances outstanding.....
Other assets.................
Total Assets.............$

80,779.67 None None
165,000.00 None
112,047.62
17,241.86 None None None
375,069.15

LIABILITIES Demand deposits.$ Time and savings deposits. Deposits of U.S. Government De~sits of States and political sub-
divisions... Deposits of banks... Certified and officers' checks, etc.. Other liabilities for borrowed money. Acceptances exe.:uted by or for ac-
count of this bank and outstanding.......... Other liabilities. . . ...... Capital notes and debentures Preferred stock.... Common stock........ Surplus........ Undivided profits....... Reserves . . . . . . .

282,163.72 None None
5,187.89 None
6,048.73 None
None None None None 50,000.00 10,000.00 21,668.81 None

Total Liabilities.........$ 375,069.15

184

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1967, of

BULLOCH EXCHANGE BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
Preston (Webster), Ga.

As called for by the Superintendent of Banks

JAMES R. DEKLE, President.
Date of Incorporation: 2-1-1967

CHARLOTTE W. DEKLE, Cashier.
Began Business: 3-16-1967

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 159,048.62

United States Government oblip-

tions, direct and guaranteed . 122,953.33

Obligations of States and political

subdivisions. . ......

None

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ -~~t~~ -~~

0

0

0

50,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts......... 170,603.72

Bank premises, furniture and f"JXtures,

and other assets representing bank

premises . . . . . . . . .

15,408.76

Real estate owned other than bank

premises. . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . . . . . . _ _1..:.,4_8_2_.5_5

Total Assets....$ 519,496.98

LIABILITIES Demand deposits.....$ Time and savings deposits. . . Deposits of U.S. Government... Def!<!S!ts of States and political sub-
divisions...... Deposits of banks...... Certified and officers' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand ing. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other liabilities. ..... Capital notes and debentures. Preferred stock.... Common stock....... S u r p l u s . . . . . . . . Undivided profits... Reserves . . . . . . . . .

205,940.33 92,674.64 830.00
122,354.90 None
1,548.01 None
None None None None 35,000.00 50,000.00 11,149.10 None

Total Liabilities...$ 519,496.98

STATEMENT

Showing condition at the close of business December 31, 1967, of

BANK OF RAY OTY (Regulated Certificated Bank- Deposits Not Insured)
Ray City (Berrien), Ga.

As called for by the Superintendent of Banks

L. F. FOUNTAIN, President.
Date of Incorporation: 4-10-1967

BETTY P. BUERGER, Cashier.
Began Business: 12-18-1967

ASSETS

Cash, balances with other banks, and

cash items in proc- of coUection.$ 232,234.47

United States Government oblip-

tions, direct and guaranteed .

8,682.21

Obliptions of States and political

subdivisions. ...

None

Securities of Federal agencies and

t~r.~t~~~ ~~~ -~~t~~~- -~~

0

0

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loana and discounts, including over-

drafts........ 217,137.49

Bank premises, furniture and fixtures,

and other assets representing bank

premises......

1,558.34

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. ..

None

Other assets. .. - - - -No-ne

Total Assets. ..$ 459,612.51

LIABILITIES
Demand deposits...$ Time and savings deposits... Deposits of U.S. Government.... Defi<!S!ts of States and political sub-
diVisions. . . . Deposits of banks..... Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other liabilities. .... Capital notes and debentures.... Preferred stock..... Common stock..... S u r p l u s . . . . . . . . Undivided profits... Reserves....

211,922.97 186,844.05
None None None 5,361.96 None
None None None None 46,000.00 9,200.00 283.53 None

Total Liabilities.$ 459,612.51

FORTY-EIGHTH ANNUAL REPORT

185

STATEMENT

Showing condition at the close of business December 31, 1967, of

PEOPLES BANK (Regulated Certificated Bank- Deposits Not Insured)
St. Marys (Camden), Ga.

As called for by the Superintendent of Banks

CHARLES C. SMITH, President.
Date oflncorporation: 1-30-1967

LOUISE HUGGINS, Cashier.
Began Business: 2-1-1967

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 134,157.18

United States Government oblip-

tions, direct and guaranteed

None

Oblip~i~J!S of States and political

SUbdiVISIOnS. .

None

Securities of Federal apncies and

t~r.~t~~~~ ~~~. -~~~t~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, including over-

drafts.... 180,240.89

Bank premises, furniture and f"axtures,

and other assets representing bank

premises....

1,380.00

Real estate owned other than bank

premises..... . Customen' liability to this bank on

None

acceptances outstanding. . ..

None

- - - - Other assets. . ....

None

Total Assets$ 315,778.07

LIABILITIES Demand deposits$ Time and savings deposits. Deposits of U.S. Government DeJK!S!ts of States and political sub-
divisions.. Deposita of banks. Certified and officen' checks, etc Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstand ina..... Other liabilities. . .. Capital notes and debentures Preferred stock Common stock... Surplus.. Undivided profits Reserves. . . . .

110,556.60 126,629.63
None
None None 2,994.95 None
None None None None 30,000.00 30,000.00 10,000.00 5,596.89

Total Liabilities$ 315,778.07

STATEMENT

Showing condition at the close of business December 31, 1967, of

CITIZENS BANKING COMPANY (Regulated Certificated Bank- Deposits Not Insured)
Sparks (Cook), Ga.

As called for by the Superintendent of Banks

STEVE SUMMER, President.
Date oflncorporation: 4-24-1967

H. C. McLENDON, Cashier.
Began Business: 8-1-1967

ASSETS

Cash, balances with other banks, and

cash items in process of coUection$ 48,204.96

United States Government oblip-

tlons, direct and guaranteed

None

Obliptions of States and political

subdivisions. .

None

Securities of Federal apncles and

~r.~t~~~~ ~~~. -~~~t~~~. -~~ 25,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank

None

Loans and discounts, includlna over-

drafts.. 55,347.60

Bank premises, furniture and fixtures,

and other assets representing bank

premises. 10,000.00

Real estate owned other than bank

Cuprsetmomiseens' liabilitytothis ban k on

None

acceptances outstanding. ..

None

- - - - - Other assets.

None

Total Assets. ..$ 138,552.56

LIABILITIES
Demand deposita$ Time and savinp deposits Deposita of U.S. Government
De~:.:.'. ~t~~~.~~~ -~~~~ -~~
Deposits of banks Certified and officers' checks, etc Other liabilities for borrowed money. Acceptances exe..uted by or for ac-
count of this bank and outstandIng Other liabilities Capital notes and debentures Preferred stock. Common stock.. Surplua . . Undivided profits Reserves...

101,537.72 1,943.74 None
None None 1,540.61 None
None None None None 25,000.00 4,000.00 4,530.49 None

Total Liabilities...$ 138,552.56

186

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1967, of

M.G. POUND BANK (Regulated Certificated Bank- Deposits Not Insured)
Sparta (Hancock), Ga.

As called for by the Superintendent of Banks

M.G. POUND, SR., President.
Date of Incorporation: 2-9-1967

M.G. POUND, JR., Cashier.
Began Business: 6-1-1967

ASSETS
Cash, balances with other banks, and cash items in process of coUection.$
United States Government obligations, direct and guaranteed .
Obliga!i<?'!S of States and political subdiVISIOnS. . . . . . . . . .
Securities of Federal agencies and
t~r.~~t~~~~. ~~~. -~~~~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank....
Loans and discounts, including overdrafts.................
Bank premises, furniture and fixtures, and other assets representing bank premises...........
Real estate owned other than bank premises............
Customers' liability to this bank on acceptances outstanding.....
Other assets.............

61,848.00 240,777.93
None
None None 352,189.65
25,000.00 None None
3,492.05

Total Assets..........$ 683,307.63

LIABILITIES
Demand deposits......$ Time and savings deposits.... Deposits of U.S. Government..... Dep?sits of States and political sub-
divisions.............. Deposits of banks....... Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding............. Other liabilities.......... Capital notes and debentures... Preferred stock...... Common stock........ Surplus........ Undivided profits........ Reserves . . . . . . . . . .

459,724.81 144,314.59
None None None 2,644.60 None
None None None None 50,000.00 10,000.00 16,623.63 None

Total Liabilities.....$ 683,307.63

STATEMENT

Showing condition at the close of business December 31, 1967, of

COMMEROAL BANK (Regulated Certificated Bank- Deposits Not Insured)
Tallapoosa (Haralson), Ga.

As called for by the Superintendent of Banks

W. H. WRIGHT, President.
Date of Incorporation: 11-12-1966

LOUIE ROBERTS,
Cashier. Began Business: 1-12-1967

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 197,313.48

United States Government obliga-

tions, direct and guaranteed ..... .

99,507.81

Obligations of States and political

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

None

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~. -~~~~t~~~..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts.................... 331,148.37

Bank premises, furniture and fixtures,

and other assets representing bank

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

28,746.09

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

- - - - - Other assets. . . . . . . . . . . .

37 .so

Total Assets............$ 656,753.25

LIABILITIES
Demand deposits......$ Time and savings deposits. . Deposits of U.S. Government..... Dep?sits of States and political sub-
divisions.......... Deposits of banks............ Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstanding................. Other liabilities............. Capital notes and debentures.. Preferred stock............. Common stock................. . Surplus. . . . . . . . . . . . . . . . . . . Undivided profits............. Reserves...................

437,674.99 None
48,334.36 43,540.78
None 901.16
None
None 291.22
None None 62,500.00 37,500.00 26,010.74 None

Total Liabilities............$ 656,753.25

FORTY-EIGHTH ANNUAL REPORT

187

STATEMENT

Showing condition at the close of business December 31, 1967, of

THE PARK AVENUE BANK (Regulated Certificated Bank- Deposits Not Insured)
Valdosta (Lowndes), Ga.

As called for by the Superintendent of Banks

JAMES L. DEWAR, SR., President.
Date oflncorporation: 3-16-1967

W. J. PIKE, Cashier. Began Business: 4-3-1967

ASSETS Cash, balances with other banks, and
cash items in process of coUection$ United States Government obliga-
tions, direct and guaranteed - Obligations of States and political
subdivisions. . . Securities of Federal aaencies and
t~r.~~t~~~~ ~~~. -~~~~t~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank
Loans and discounts, includinJ overdrafts...
Bank premises, furniture and f"txtures, and other assets representin1 bank premises...
Real estate owned other than bank premises..
Customen' liability to this bank on acceptances outstandinJ. .
Other assets.

199,395.51 None None
None None 129,653.67
5,694.10 None None
1,579.43

LIABILITIES
Demand deposits$ Time and savlnp deposits Deposits of U.S. Government
De~:,SS:.'. ~t~~~. ~~~ -~~t~c.a~ .s~~:
Deposits of banks...... Certified and officen' checks, etc. Other liabilities for borrowed money. Acceptances executed by or for ac-
count of this bank and outstandinJ...... Other liabilities. . ... Capital notes and debentures... Preferred stock... Common stock...
USunr~dedprofits.
Reserves.

160,792.79 91,523.43 None
None None 2,755.88 None
None None None None 50,000.00 10,000.00 21,250.61 None

Total Assets.$ 336,322.71

Total Liabilities$ 336,322.71

188

DEPARTMENT OF BANKING

ABSTRACT OF REPORTS OF CONDITION OF STATE CHARTERED CREDIT UNIONS AS OF DECEMBER 3I, I967

Percent Percent

Amount

of

of

December 31, December 31, Increase Increase Total

1967

1966

(Decrease) (Decrease) Assets

ASSETS:

Cash...................... $ 5,005,82I

Loans .................... 83,I70,992

U.S. Government Securities ...

957,97I

Other Bonds, Stocks and

Investments ........... 9,808,250

Depreciable Assets (Net) ...... I,038,6I6

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

930,504

TOTAL ASSETS ............ $I00,9I2,I54

$ 4,065,204 $ 940,6I7 23.I4

75,427,739 7,743,253 I0.27

809,422

148,549 I8.35

6,92I,910 250,608 695,857
$88,I70,740

2,886,340 41.70 788,008 3I4.43 234,647 33.72
$I2,74I,4I4 I4.45

4.96 82.42
.96
9.72 1.02 .92
IOO.OO

LIABILITIES: Deposits, Including
Non-members.......... $ 88,I72,884 Notes and Accounts Payable ... 3,74I,368 Other liabilities ............ I,094,47I
TOTAL LIABILITIES ........ $ 93,008,723

$77,035,334 3,450,976 666,755
$8I ,I53,065

$11,I37,550 290,392 427,716
$11,855,658

I4.46 8.4I 64.I5
I4.6I

RESERVES: (I) ............ 2,788,768
TOTAL LIABILITIES AND RESERVES....... $ 95,797,49I

2,559,646

229,I22

$83,7I2,7I1 $I2,084,780

8.95 I4.44

CAPITAL:

Shares ....................

700,525

Surplus and Undivided Profits (2) 4,4I4,I38

TOTAL LIABILITIES, RESERVES AND CAPITAL. . . . . . . . . . . . . $I 00,9I2,I54

648,089 3,809,940

52,436 604,198

$88,I70,740 $12,74I,4I4

8.09 I5.85
14.45

Number of Shareholders ...... Number of Depositors (3) ..... Number of Reporting
Credit Unions .......... Number of Loans ...........

I35,69I 134,897
I 53 87,454

(I) Before Credits from I967 Income (2) Includes I967 Earnings (3) Includes Non-members

I28,I93 128,511
I 53 78,092

7,498 5.85 6,386 4.97

-0-

-0-

9,362 Il.99

87.38 3.7I 1.08
92.I7 2.76
94.93
.69 4.38
=IOO.OO

FORTY-EIGHTH ANNUAL REPORT

189

STATE CHARTERED CREDIT UNIONS

ALBANY

TotlllAsseiB Reported December 31, 1967

Albany Federal Employees Credit Union, P. 0. Box 93 ..................... $ Carlton Credit Union, P. 0. Box 1087...................................
Colonial Dairies Empl. Credit Union, 809 Oglethorpe Ave. . . . . . . . . . . . . . . . . . . . Karagheusian Empl. Credit Union, Gulistan Dr., P. 0. Box 648................
Keenan Credit Union, 112 N. Front Street................................

164,154.48 47,788.66 15,760.43 38,660.21 155,141.59

ATHENS Athens Division Credit Union, P. 0. Box 1312 ........................... C. C. E. A. Credit Union, 394 S. Milledge Avenue ......................... Dairy-Pak Athens Credit Union, 600 Linton Springs Road................... .

249,046.25 54,217.63 56,446.82

ATLANTA A. D. Co. Empl. Credit Union, 777 Memorial Drive, S.E..................... . AMCO Credit Union, 221 Ivy Street, N.E............................. AMILSCO Credit Union, 451 Stephens Street, S.W........................ . ARM-AG.CHEM Credit Union, 802 Title Bldg., 30 Pryor St., S.W............. . ARMCO Credit Union, 593 Glen Iris Dr., N.E., P. 0. Box 1046............... . Arrow Credit Union, 2022 Murphy Avenue, S.W.......................... Associated Credit Union, 38 Auburn Avenue ............................. . Atlanta City Employees Credit Union, 601 City Hall ...................... . Atlanta Cooperative Credit Assoc., 529 Merchandise Mart ................... . Atlanta Greyhound Terminal Empl. Credit Union, 81 Cain St., N.W........... . Atlanta Postal Credit Union, M-102 Federal Annex ........................ . Atlanta Railway Postal Clerks Credit Union, 111-M Fed. Annex .............. . Atlanta Teachers Credit Union, 462 Eighth Street, N.E..................... . Atlanta Terminal Empl. Credit Union, 71 Spring Street, S.W................. . Atlantic Steel Credit Union, 1300 Mecaslin St., N.W....................... . Ben Franklin Credit Union, 1400 W. Peachtree St., N.W.................... . Circle W Credit Union, 1299 Northside Dr., N.W.......................... . Cloverdale Employees Credit Union, 833 Memorial Dr., S.E................. . Delta Employees Credit Union, Atlanta Airport........................... . Dixie "66" Credit Union, 3 Executive Park Dr., N.E., P. 0. Box 29666 ........ . DuPont Atlanta Empl. Credit Un., 1737 Ellsworth Ind. Dr., N.W.............. . Employees Credit Union, Swift & Co., 244 Peters St., S.W................... . Employers Group Credit Union, 3 Executive Park, East..................... . Employment Service Credit Union, 1 Peachtree St., N.E.................... Essell Credit Union, 1197 Peachtree St., N.E............................. . Federal Employees Credit Union, 87 Walton St., N W...................... GA-WP General Office Credit Union, 4 Hunter St., S.E. . ................... . Genuine Parts Credit Union, 299 Piedmont Ave., N.E....................... . Georgia E.S.A. Credit Union, 474 State Labor Building ..................... . Georgia Fed. of the Blind Credit Union, 244 Washington St., S.W............. . Georgia Health Department Credit Union, 47 Trinity Ave., S.W............... Georgia League Credit Union, 2719 Buford Highway ...................... . Georgia Standard Oil Employees Credit Union,
Fulton National Bank Building, P. 0. Box 1706 ...................... . Georgia State Dept. of Education, 249 State Office Bldg.................... . Georgia State Highway Dept. Employees Credit Union,
271 Capitol Avenue, S.W....................................... Georgia Telco Credit Union, 424 Hurt Building .......................... . GIUC Credit Union, 615 Peachtree Street, N.E........................... . Grinnell Corp. Empl. Credit Union, 240 N. Highland Ave., N.E............... . Hospital Authority Empl. Credit Union, 80 Butler St., S.E.. . . . . ............ . Hotpoint Credit Union, 1695 Marietta Boulevard, N.W..................... . John Rogers Employees Credit Union, 1040 Huff Road, N.W................ . Journal-Constitution Employees Credit Union, 10 Forsyth Street, N.W......... .

91,752.56 182,754.94
11,277.77 308,377.48
67,799.36 459,036.13 1,145,947.00 1,164,110.29 254,746.38
14,860.50 16,871,009.46
1,318,056.52 1,268,826.20
40,564.23 1,279,269.87
37,458.96 9,806.27 8,147.49
7,511 ,024.96 154,974.46 78,295.24 136,978.56 10,173.27 87,323.96 78,969.76
10,801 ,336.97 73,125.69 111,076.31 93,112.41 19,599.36
406,740.44 3,601,169.54
399,040.46 490,370.89
1,192,622.19 16,797,246.46
42,964.85 24,788.07 313,533.45 9,583.79 25,016.02 1,298,609.23

190

DEPARTMENT OF BANKING

ATLANTA (Con'td.)

L & P Credit Union, 196 Marietta Street, N.W............................. $ 26,232.71

Marion Manufacturing Credit Union, 174 Chester Ave., S.E.................. .

20,516.83

Mead Packaging Empl. Credit Union, 1040 W. Marietta St., N.W.............. . 434,361.87

Merchants Mutual Credit Corp., First Nat1 Bank Building . . . . . . . . . . . . . . . . . . . . 1,843,846.00

Miss Ga. Credit Assoc., 2121 Faulkner Road, N.E.........................

67,962.60

Montag Empl. Credit Assoc., 245 N. Highland Ave., N.E.................... . 220,829.98

Mr. Friendly Credit Union, 1 Executive Park, East ........................ .

47,094.03

Mutual Savings Credit Union, 1219 Caroline St., N.E....................... . 1,276,937.29

Orange Disc Credit Union, 1375 Peachtree St., Room 180................... . 1,147,929.50

Pepsi Credit Union, 1480 Chattahoochee Ave., N.W....................... .

13,528.48

Presbyterian Center Credit Union, 341 Ponce de Leon Ave., N.E.............. .

73,257.59

R. E. A. Employees Credit Union, 325 Mitchell St., S.W..................... 101,171.16

Regenstein Empl. Credit Union, 209 Peachtree Street ...................... . Rich's Employees Credit Union, P. 0. Box 4539 .......................... .
Ruralist Credit Union, 713 Glen Street, S.W.............................. . Russell Company Empl. Credit Union, 117 Central Avenue .................. .

17,970.84 3,024,849.92
406,696.07 26,329.47

S.M.C.R.C. Credit Union, 1307 Peachtree Street .......................... S. 0. S. Credit Union, 214 State Capitol ................................ .

64,594.55 90,063.58

SHO DO CO Savings Plan Cr. Un., 1301 Chattahoochee Ave., N.W............

10,554.40

Small Agencies Credit Union, 244 Washington St., S.W., Room 572 ........... . 388,870.41

Southern Freight Bureau Employees Credit Union, 101 Marietta Street Building .. 123,394.09

State Revenue Department Credit Union, Room 624,

Old State Office Building ....................................... . Thompson, Boland & Lee Employees Credit Union, 201 Peachtree Street, N.E...

55,365.58 77,490.21

The Thrift Credit Union, Room 12, Terminal Station Bldg. . ................ . 1,092,207.00

United Family Employees Credit Union, 494 Spring St., N.W................ .

80,610.63

Victor Business Forms- Atlanta Credit Union, 720 Forrest Road, N.E......... White Columns Credit Union, 1601 W. Peachtree St., N.E................... .

15,402.63 43,710.87

AUGUSTA Ga. Railroad Employees Credit Union, 615 Eighth Street ................... . King Mill Savings & Credit Association, Goodrich Street .................... . Richmond County Health Dept. Employees Credit Union,
1001 Bailie Drive ............................................. .

96,376.60 701,526.91
65,190,12

BOWMAN Wright Garment Employees Credit Union, Bowman........................ .

24,626.34

BRUNSWICK Glynn County Federal Empl. Credit Union, Federal Bldg.................... .

59,510.30

CHAMBLEE Lay Employees Savings & Loan Credit Union,
4950 Peachtree Industrial Boulevard .............................. .

494,596.69

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

74,280.89

COLUMBUS Columbus Coca-Cola Empl. Credit Union, 305 17th Street .................. . Columbus Health & Hospital Credit Union, 1958 Eighth Avenue.............. . Columbus Postal Credit Union, Room A-1, Post Office Building .............. Gas Light Employees Credit Union, 1421 Fourth Avenue ................... . Swift Credit Union, 1410 Sixth Avenue ................................. . WeeReBel Employees Credit Union, 1350 Thirteenth Avenue ................ .

16,312.03 224,923.37 501,746.63 105,673.52 153,746.78
57,626.78

CORDELE Harris Employees Credit Union, P. 0. Box 998 ........................... .

92,153.91

FORTY-EIGHTH ANNUAL REPORT
CORNELIA Statco Credit Union, 224 North Main Street . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

191
18,679.88

DALTON Crown Tuft Empl. S & L Credit Union, P. 0. Box 129...................... N.G.E.M.C. Credit Union, 301 Selvidge Street ............................. . W. E. Strain Empl. Credit Union, Highway 41 South . . . . . . . . . . . . . . . . . . . . . . . . TEXACOTE Credit Union, c/o Textile Rubber & Chemical Co. . ............. . Whitfield County Postal Empl. Credit Un., P. 0. Building ................... .

28,149.08 50,336.23 34,917.87 31,117.24 25,736.80

DECATUR D. R. H. D. Credit Union, 126 Trinity Place, West. ........................ . Decatur Postal Employees Credit Union, 520 W. Ponce de Leon Ave........... . Decatur Teachers Credit Union, 320 N. McDonough Street .................. Kraft Employees Credit Union, 501 DeKalb Industrial Way ................. . The WoodCo Credit Union, 114 New Street ............................. .

54,925.78 83,204.95 98,772.94 2,275,576.46 30,810.94

DORAVILLE F. D. & L. Employees Credit Union, 3101 McCall Dr.,P. 0. Box 1000 ......... Gaylord Employees Credit Union, 4351 Pleasantdale Road .................. .

476,272.40 96,777.05

DRYBRANCH Georgia Kaolin Empl. Credit Union, c/o Ga. Kaolin Co..................... .

125,836.31

DUBLIN Dublin Federal Employees Credit Union, V. A. Center ..................... .

243,570.24

EASTMAN Stuckey's Employees' Assoc. Credit Union, c/o Stuckey's . . . . . . . . . . . . . . . . . . . .

141,311.79

EASTPOINT Associated Grocers Credit Union, 1286 Milledge Street ..................... . Colonial Stores Empl. Credit Union, 2251 N. Sylvan Road .................. . East Point Municipal Employees Credit Union, City Hall .................... . IPCO Employees Credit Union, 2323 N. Sylvan Road ...................... Tri-City Postal Credit Union, 2905 East Point Street ....................... WASE Credit Union, 2675 Martin Street ................................ .

1,551,052.00 2,290,445.73
319,360.90 38,071.03 74,404.38 31,634.54

ELBERTON Stone Workers Credit Union, 14* N. Mcintosh Street ...................... .

40,126.89

FOREST PARK Sexton Atlanta Empl. Credit Union, 150 Thames Road ..................... .

111,383.32

FORT McPHERSON Ft. McPherson Credit Union, Building T-213 ............................. . 1,578,774.13

GAINESVILLE CITISCO Credit Assoc. Credit Union, 401 Main St., S.W.................... .

30,249.27

HAPEVILLE Fulton Teachers Credit Union, 3420 Whipple Avenue ...................... .

468,515.06

JACKSON CGEMC Empl. Credit Union, c/o Central Ga. Elect. Membership Corporation.....

48,360.38

JONESBORO C.C.B.E. Employees Credit Union, Box 492, 120 Smith St................... .

264,577.79

192

DEPARTMENT OF BANKING

MACON CGMT Employees Credit Union, 340 Hazel Street........................ $
City Employees Credit Union, City Hall.............................. D.D.D. Credit Union, 4700 Pio Nono Ave., c/o The Borden Co............... .
Davison's of Macon Credit Union, 433 Cherry Street...................... Federal Empl. Credit Union, 213 New Federal Bldg., Box 5313 ............ Georgia Kraft Employees Credit Union, 4891 Meade Road .................. Macon Firemen's Credit Union, 511 First St., City Hall................... Macon Police Credit Union, Police Department, City Hall ................... . Macon Water Works Credit Union, 760 Third Street ....................... The Proctor & Gamble Macon Empl. Credit Union, I265 6th St...............

10,213.72 114,006.56
6,936.42 19,873.30 215,263.73 655,932.63 146,795.80 217,796.69 70,048.86 146,474.13

MARIETTA C-MAR Credit Union, 36 Atlanta Street, City Hall ..................... Home Employees Credit Union, 1425 Franklin Road ...................... .

65,458.29 33,417.76

MILLEDGEVILLE

Baldwin County Hospital Empl. Credit Union, c/o Hospital .................

32,491.54

Central State Hospital Credit Union, Lawrence Building .................. 1,664,470.43

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

167,511.83

PLAINS Sumter County Teachers Credit Union, Plains ..........................

54,909.92

QlliTMAN Brooks County Packing Co. Employees Credit Union, N. Highland Street ....... .

5,100.27

ROME
Floyd County Postal Employees Credit Union, Post Office Bldg. . ............ . Rome Kraft Employees Credit Union, P. 0. Box 1551. ....................

186,702.90 892,750.84

SAVANNAH G.P.A. Credit Union, c/o Ga. Ports Authority, P. 0. Box 1039 ............... Health Employees Chatham County Credit Union,
Intermediate & Meridian Road .................................. Merchants Credit Union, 903 Realty Building ............................ Savannah Electric & Power Employees Credit Union,
600 Bay Street, East, P. 0. Box 949 .............................. Savannah Fed. Credit Union, 28 Abercom St., P. 0. Box 1382 ............... . Savannah J-Mers Credit Union, 1 Foundation Dr., P. 0. Box 1003............. . Savannah Postal Credit Union, Room 220, Post Office Building .............. Savannah Transit Cr. Un., 900 E. Gwinnett St., P. 0. Box 19 ............... Seaboard Employees Credit Union of Savannah, Inc.,
601 East Liberty Street, Room 109 ......................... Workmen's Circle Credit Union, 416 W. Congress Street .................... .

103,776.47
117,179.74 42,230.29
432,587.66 408,843.56
44,346.55 253,126.97
88,024.87
378,624.04 273,297.37

TALLAPOOSA Dixisteel Credit Union, Tallapoosa .....................................

79,655.21

TOCCOA TMPICO Empl. Credit Union, c/o Toccoa Metal Products Co. . .............. . Wright Mfg. Empl. Credit Union, 626 W. Currahee Street ................... .

5,281.28 77,428.11

VALDOSTA Valdosta Onized Credit Union, Highway 31,P. 0. Box 950 .................. .

705,881.52

FORTY-EIGHTH ANNUAL REPORT

193

FIRMS LICENSED BY THE SUPERINTENDENT OF BANKS UNDER THE GEORGIA SALE OF CHECKS ACT, APPROVED MARCH 2, 1965
(Chapter 13-22, Georgia Code. Annotated)

Name and Location

Total Number of Georgia Agents

American Express Company..........................................

876

65 Broadway

New York, N.Y. 10006

Financial Money Order Corporation...................................

28

Jacksonville, N.C. 28540

Nation-Wide Check Corporation......................................

312

100 W. 22nd Street

Baltimore, Md. 21218

Republic Money Orders, Inc..........................................

88

Republic National Bank Building

Dallas, Texas 75201

Thos. Cook & Son (Bankers) Ltd......................................

4

587 Fifth Avenue

NewYork,N. Y.10017

Travelers Express Company, Inc....................................

177

Northwestern Bank Building

Minneapolis,Minn.55402

Western Union Telegraph Company .................................... .

87

60 Hudson Street

New York, N. Y.10013