Forty-ninth annual report [1968]

F o r t y -N i r i t h Annual Report
SUPERINTEN ENT of BANKS
of GEORGIA

1968
w.M. JACKSON Superintendent of Banks

Forty-Ninth Annual Report
SUPERINTENDENT of BANKS
of GEORGIA

1968
W.M. JACKSON Superintendent of Banks

State of Georgia
Department of Banking
Created by Act Approved August 16, 1919
*
Forty-Ninth Annual Report
Year Ending December 31, 1968
*
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
il.tpnrt:m.tnt of 1Jlnn.lting
~tat.e of <!i.eo:rgitt .Atlanta !Ul334
December 31, 1968
The Honorable Lester Maddox Governor of Georgia State Capitol Atlanta, Georgia 30334
Dear Governor Maddox:
In compliance with provisions of Chapter 13-3 of the Banking Laws of Georgia, I have the honor to submit herewith the Forty-Ninth Annual Report of the Superintendent of Banks, for the year ending December 31, 1968.
The financial and statistical information contained in the report was taken from the annual call reports of condition at the year end of the 340 State chartered banks; 25 regulated eertificated banks; 149 credit unions; and 6 licensed money order companies operating in this State and other statistical information made available through examinations and investigations of the financial institutions under the supervision of the Department of Banking.
Nineteen hundred and sixty-eight was an excellent year for banks in Georgia. Banks are growing and generally will be successful in direct proportion to the industrial development and prosperity of the areas in which they serve. Georgia is experiencing an industrial boom which promises to continue for some years in the future. The bankers of this State have been an important factor in this development and will continue to provide the leadership and meet the banking needs of the rapidly expanding economy in Georgia.
The 1968 year-end report shows that total assets of the 340 State banks in Georgia reached a high level of $3.325 billion, which represents an increase of 13.20 percent as compared to 12.64 percent as of December 31, 1967. Deposits rose to an all-time high of $2.968 billion, representing an increase of 13.37 percent as compared to an increase of 13.04 percent for the previous year. Loans after valuation reserves amounted to $1.714 billion, representing 51.6 percent of total assets of the banks. The ratio of capital funds to total assets was 8.2 percent, while capital funds to total deposits at the year end was 9.2 percent..
Respectfully,
W. M. Jackson Superintendent of Banks

iv

DEPARTMENT OF BANKING

TABLE OF CONTENTS

Page

Letter of Transmittal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . rii

Official Roster . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

v

Receipts and Disbursements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vi

Summary of Activities Relating to Charters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii

Permits to Begin Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

x

Branch Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi

Bank Offices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xii

Bank Facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvi

Additions and Deletions of Banks During Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvii

State Bank Members of Federal Reserve System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xviii

Legal Holidays . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xix

Superintendents of Banks-Past and Present . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xix

Classification of Banks by Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xx

Abstract of Reports of Condition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xxi

Individual Statements of State Banks ........................................... 1-170

Summary of Activities Relating to Charters of Regulated Certificated Banks . . . . . . . . . . . . . 171

Abstract of Reports of Condition-Regulated Certificated Banks . . . . . . . . . . . . . . . . . . . . . . 172

Individual Statements of Regulated Certificated Banks ............................. 173-185

Credit Unions:

Abstract of Reports of Condition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 186

Listing ............................................................. 187-190

Money Order Firms Licensed Under the Georgia Sale of Checks Act . . . . . . . . . . . . . . . . . . 191

FORTY-NINTH ANNUAL REPORT

v

OFFICIAL ROSTER

DECEMBER 31, 1%8

Annual Salary W.M. Jackson, Superintendent of Banks ..................................... $22,668.00 H.W. Goodloe, Jr., Assistant Superintendent of Banks . . . . . . . . . . . . . . . . . . . . . . . . . . 16,104.00
Robert H. Callier, Jr., Examiner IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,908.00
Ashburn T. West, Examiner IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,604.00

BANK EXAMINERS III

Aycock, M.T., Decatur, Georgia .......................................... . Brooks, B.T., Stone Mountain, Georgia .................................... . Butler, Joseph W., Camilla, Georgia ....................................... . Jones, Frank J., Chula, Georgia .......................................... . Mimbs, Norman E., McRae,'Georgia ....................................... . Moler, Robert M., Norcross, Georgia ...................................... . Morris, Reece V., Doraville, Georgia ....................................... . Paxton, Walter A., Albany, Georgia ....................................... . Sams, M.O., Atlanta, Georgia ............................................ . Shannon, William E., Jr., Statesboro, Georgia ................................ . Smith, Edgar B., III, Tucker, Georgia ...................................... .

12,012.00 12,012.00 9,888.00 12,012.00 9,888.00 9,888.00 9,888.00 12,012.00 11,436.00 11,436.00 9,888.00

BANK EXAMINERS II
Bryant, Morris 1., Albany, Georgia ........................................ . Butts, Robert C., Richland, Georgia ....................................... . Couch, Luke Lester, Jr., Decatur, Georgia .................................. . Ellis, Charles Edward, Sylvester, Georgia ................................... . Griswold, James H., Albany, Georgia ...................................... . Jones, Carl William, Jr., Decatur, Georgia ................................... . Malone, Charles L., Jr., Decatur, Georgia ................................... . Miller, Hubert C., Statesboro, Georgia ..................................... .

7,752.00 8,136.00 7,752.00 7,380.00 8,136.00 7,752.00 8,136.00 8,136.00

BANK EXAMINERS I
Baldwin, Barton W., Decatur, Georgia ..................................... . Bullard, Albert F., III, Atlanta, Georgia .................................... . Burge, Charles W., Decatur, Georgia ....................................... . Gower, James G., Atlanta, Georgia . : . ..................................... . Middleton, Harvey J., Jr., Decatur, Georgia ................................. .

6,696.00 6,696.00 7,032.00 6,696.00 6,696.00

OFFICE ASSISTANTS
Bartlett, Nancy N., Stenographer III ....................................... . Ethridge, L. Jean, Clerk III ............................................. . Forsythe, Mary L., Typist II ............................................. . Hicks, Charlene R., Stenographer III ...................................... . Hyder, N. Dianne, Typist II ............................................. . Lee, Dorothy L., Accounting Clerk II ...................................... . Rogers, Thomas D., Clerk II ............................................. .

5,244.00 6,696.00 4,524.00 4,992.00 4,752.00 6,372.00 4,752.00

CREDIT UNION DIVISION

Arnold, Thomas G., Supervisor ........................................... . Gunn, Robert H., Examiner ............................................. . Martin, E.G., Examiner in Charge ......................................... . Thompson, J.J., IV, Examiner ........................................... .

10,380.00 9,888.00 12,012.00 7,380.00

vi

DEPARTMENT OF BANKING

DEPARTMENT OF BANKING, STATE OF GEORGIA

RECEIPTS AND DISBURSEMENTS 1968

RECEIPTS

Balance January 1,1968 ..................... $ 13,722.72

Received from Appropriation . . . . . . . . . . . . . . . . . 498,116.64

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

5 1.36

$511,890.72

DISBURSEMENTS

Superintendent's Salary ..................... $ 21,211.00

Assistant Superintendent's Salary . . . . . . . . . . . . . . 14,947.00

Examiners' Salaries . . . . . . . . . . . . . . . . . . . . . . . . . 269,724.15

Office Assistants' Salaries . . . . . . . . . . . . . . . . . . . . 35,362.73

Per Diem and Fees . . . . . . . . . . . . . . . . . . . . . . . . . 5,017.07

Travel Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . 75,971.53

Supplies and Material . . . . . . . . . . . . . . . . . . . . . . . 3,537.03

Communication . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,376.62

Printing and Publicity . . . . . . . . . . . . . . . . . . . . . . . 8,457.94

Repairs and Alterations...................... 1,226.19

Rent (Equipment).......................... 2,261.96

Insurance and Bonding . . . . . . . . . . . . . . . . . . . . . .

876.00

Pensions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42,468.11

Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,729.30

Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

524.93

$488,691.56

Balance December 31, 1968 ...................................... $ 23,199.16

FORTY-NINTH ANNUAL REPORT

vii

CHARTERS APPROVED

NAME OF BANK

LOCATION

APPROVED

The Northeast Commercial Bank .............. Doraville ........................ 3-11-68 Citizens Bank of Riverdale................... Riverdale . . . . . . . . . . . . . . . . . . . . . . . 9-17-68 Powder Springs Bank ....................... Powder Springs ................... 12-20-68

NAME OF BANK

RENEWAL OF CHARTERS APPROVED LOCATION

APPROVED

Planters & Citizens Bank .................... Camilla ....................... . Commercial State Bank ..................... Donalsonville .................. . The Darien Bank .......................... Darien ........................ . Monroe County Bank ...................... Forsyth ....................... . Columbus Bank and Trust Company ........... Columbus ..................... . First State Bank in Cordele .................. Cordele ....................... . Bank of Madison .......................... Madison ...................... .

3-19-68 5- 1-68 7-17-68 8- 2-68 8-13-68 10-10-68 12-10-68

PERMITS TO ENTER VOLUNTARY LIQUIDATION

NAME OF BANK

LOCATION

GRANTED

The Commercial and Savings Bank of Augusta .......................... Augusta. . . . . . . . . . . . . . . . . . . . . . . .
The Peoples Bank ......................... Atlanta . . . . . . . . . . . . . . . . . . . . . . . .

3-25-68 8-23-68

APPLICATIONS TO SURRENDER CHARTER APPROVED

NAME OF BANK

LOCATION

APPROVED

The Commercial and Savings Bank of Augusta .......................... Augusta. . . . . . . . . . . . . . . . . . . . . . . . . 4-12-68
Bank of Ochlochnee ....................... Ochlochnee ...................... 11- 1-68 The Peoples Bank ......................... Atlanta ......................... 12-20-68

NAME OF BANK

DISAPPROVAL OF CHARTERS LOCATION

DISAPPROVED

The Citizens Bank of Martinez ............... Martinez . . . . . . . . . . . . . . . . . . . . . . . . 4- 8-68 Bank of Gordon County .................... Fairmount....................... 12-20-68

viii

DEPARTMENT OF BANKING

APPLICATIONS TO INCREASE OUTSTANDING CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

APPROVED AMOUNT OF INCREASE

Bostwick Banking Company ....... Arlington ....... Fort Gaines Banking Company ..... Fort Gaines...... Metter Banking Company ......... Metter ......... The Citizens Bank ............... Gainesville....... The Rome Bank & Trust Company.. Rome .......... Savannah Bank & Trust Company
of Savannah ............... Savannah........ Atlanta Bank & Trust Company .... Atlanta ......... Jasper Banking Company ......... Jasper .......... Bank of Manchester ............. Manchester ...... Columbus Bank & Trust Company .. Columbus ....... Bank of Acworth. ............... Acworth ........ The Citizens Bank of Ashburn ..... Ashburn ........ Bank of Wadley................. Wadley ......... First State Bank & Trust Company .. Albany ......... The Bank of Toccoa ............. Toccoa ......... First American Bank & Trust
Company ................. Athens ......... Citizens Bank .................. Ball Ground ..... Industrial Bank of Savannah ....... Savannah........ Bank of Danielsville ......... : ... Danielsville ...... Citizens Trust Company .......... Atlanta ......... The Commercial Bank ........... Crawford ....... Bank of Hiawassee .............. Hiawassee ....... Exchange Bank . . . . . . . . . . . . . . . . . Milledgeville ..... Bulloch County Bank ............ Statesboro ...... Citizens State Bank .............. Warner Robins ... Trust Company of Georgia Bank
ofDeKalb ................ Atlanta ......... The Bank of Warner Robins ....... Warner Robins ... Citizens Banking Company ........ Lexington ....... Ashburn Bank .................. Ashburn ........ Bank of Jonesboro .............. Jonesboro ....... Trust Company of Georgia Bank
ofDeKalb ................ Atlanta ......... The Citizens Bank ............... Nashville ........ The Peoples Bank ............... Winder ......... The Bank of Duluth ............. Duluth ......... Saint Marys State Bank .......... Saint Marys ...... The South Cobb Bank............ Mableton ....... Austell Bank ................... Austell ......... Bank of Sardis.................. Sardis .......... Citizens Bank & Trust Company .... Eastman ........ Monroe County Bank ............ Forsyth ......... The Citizens Bank of Douglasville ... Douglasville......

1- 9-68 1-12-68 1-18-68 1-23-68 1-23-68
1-25-68 1-30-68 1-30-68 1-30-68 1-30-68 1-31-68 2- 6-68 2- 7-68 2- 8-68 2-14-68
2-20-68 3- 5-68 3- 6-68 3- 8-68 3-13-68 3-19-68 3-26-68 3-28-68 4- 1-68 4- 1-68
4-12-68 4-22-68 5-14-68 5-15-68 5-24-68
6- 5-68 6- 6-68 6- 6-68 6-14-68 6-20-68 6-26-68 7- 8-68 7-11-68 7-15-68 8- 2-68 9- 6-68

$ 50,000 to$ 85,000 50,000to 100,000
125,000 to 150,000 300,000 to 600,000 352,000 to 400,000

1,650,000 to 1,815,000 350,000to 400,000 100,000 to 200,000 150,000 to 200,000
2,550,000 to 2,805,000 100,000 to 200,000 150,000 to 200,000 50,000to 75,000 900,000to 1,000,000 100,000 to 200,000

125,000 to 45,000 to 150,000 to 35,000 to 575,000 to 50,000 to 50,000 to 286,000to 200,000 to 300,000to

145,000 9o:ooo 225,000 70,000 862,500 100,000 100,000 300,000 300,000 405,000

500,000 to 133,400 to 50,000 to 150,000 to 250,000 to

600,000 400,200 100,000 250,000 300,000

600,000 to 100,000 to 100,000 to 100,000 to 50,000 to 250,000to 250,000 to 30,000 to 150,000 to 25,000 to 100,000 to

750,000 150,000 125,000 400,000 100,000 312,500 300,000 60,000 200,000 100,000 187,500

FORTY-NINTH ANNUAL REPORT

ix

APPLICATIONS TO INCREASE OUTSTANDING CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

APPROVED AMOUNT OF INCREASE

Georgia Bank & Trust Company ..... Macon. . . . . . . . . . . 9-11-68 Columbus Bank and Trust Company.. Columbus . . . . . . . . 9-18-68 Marietta Commercial Bank ......... Marietta . . . . . . . . . 9-25-68 American Bank of Atlanta ......... Atlanta .......... 10- 1-68 The Patterson Bank .............. Patterson ........ 10- 2-68 The Farmers Bank ............... Douglas ......... 10- 2-68 Bank of Worth County ............ Sylvester ......... 10- 7-68 Trust Company of Georgia Bank
of Sandy Springs ............ Atlanta .......... 10- 8-68 Bank of Canton.................. Canton .......... 10-29-68 The Citizens and Southern Bank
of Tucker.................. Tucker .......... 10-31-68 Etowah Bank ................... Canton .......... 11-26-68 The Citizens and Southern Bank
of Stone Mountain........... Stone Mountain ... 11-27-68 The United Banking Company ...... Nashville ......... 11-27-68 Abbeville State Bank.............. Abbeville ........ 12-10-68 Bank of Forest Park .............. Forest Park ....... 12-11-68 The Citizens Bank................ Fort Valley ....... 12-20-68

$1,000,000 to $1,125,000 2,805,000 to 2,945,250 320,000 to 420,000 500,000 to 625,000 50,000 to 55,000 360,000 to 400,000 100,000 to 150,000

200,000 to 240,000 200,000to 400,000

275,000 to 330,000 200,000to 250,000

100,000 to 100,000 to 50,000to 380,000 to 120,000 to

120,000 150,000 75,000 478,000 130,000

APPLICATIONS TO AUTHORIZE ADDITIONAL UNISSUED SHARES APPROVED

NAME OF BANK

LOCATION

APPROVED

American Bank of Atlanta ......... Atlanta... . . . . . . . 7- 2-68 Trust Company of Georgia ........ Atlanta .......... 9-12-68 American Bank of Atlanta .......... Atlanta .......... 10- 1-68 The Citizens and Southern Bank
of Tucker.................. Tucker .......... 10-31-68 The Citizens and Southern Bank
of Stone Mountain........... Stone Mountain ... 11-27-68

NUMBER OF SHARES 25,000
216,000 45,000
5,330
1,177

APPLICATIONS TO ISSUE CAPITAL NOTES AND DEBENTURES APPROVED

NAME OF BANK

LOCATION

APPROVED

AMOUNT

First State Bank and Trust Company .................. Albany .......... 7-17-68
The Citizens and Southern Bank of Stone Mountain........... Stone Mountain . . . 7-23-68
The Citizens and Southern Bank ofTucker.................. Tucker .......... 7-25-68
American Bank of Atlanta .......... Atlanta .......... 9-27-68

500,000 capital notes
100,000 capital debentures 400,000 capital debent~!~s 750,000 capital notes

X

DEPARTMENT OF BANKING

APPLICATIONS TO REDUCE PAR VALUE OF CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

PAR VALUE REDUCED

OF STOCK

TO APPROVED

Bostwick Banking Company ........ Arlington ........ . The Bank of Toccoa .............. Toccoa .......... . The Commercial Bank ............ Crawford ........ : Bulloch County Bank ............. Statesboro ....... . Perry Loan & Savings Bank .........Perry ............ . The Bank ofWarner Robins.........Warner Robins .... . Citizens Banking Company ......... Lexington ........ . Bank of Sardis................... Sardis ........... . Trust Company of Georgia ......... Atlanta .......... . Bank of Worth County ............ Sylvester ......... . Bank of Canton ................. Canton .......... .

$100 100 100 100 50 100 100 100 10 100 100

$10

1- 9-68

10

2-14-68

25

3-19-68

25

4- 1-68

10

4-12-68

10

4-22-68

25

5-14-68

10

7-11-68

5

9-12-68

10

10- 7-68

10

10-29-68

MISCELLANEOUS APPLICATIONS TO AMEND CHARTERS APPROVED

NAME OF BANK

LOCATION NATURE OF AMENDMENT APPROVED

Perry Loan & Savings Bank ......... Perry ......... To change name to

4-12-68

The Bank of Perry

American Bank of Atlanta ......... Atlanta ........ To change name to

10- 1-68

The Peoples American Bank of

Atlanta

The Citizens and Southern

Emory Bank ............... Decatur ....... To relocate its Main Office from 12-12-68

1237 Clairmont Avenue

Decatur, Georgia, to

2963 North Druid Hills Rd., N.E.,

Atlanta, Georgia

PERMITS TO BEGIN BUSINESS

NAMEOFBANK

LOCATION

ISSUED

Gwinnett Bank & Trust Company.... Norcross .......... 2-16-68 The Bank of Griffin .............. Griffin............ 7-30-68

TO BEGIN BUSINESS
3- 1-68 8-16-68

NAME OF BRANCH

FORTY-NINTH ANNUAL REPORT

xi

BRANCH BANKS AS OF DECEMBER 31, 196~

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,

W. Peachtree & North Ave... frust Company of Georgia ........... Atlanta

Trust Company of Georgia,

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Georgia Railroad Bank & Trust Company,

Georgia Railroad Bank &

1111 Broad Street. ........Trust Company. . . . . . . . . . . . . . . . . . . . Augusta Georgia Railroad Bank &

Trust Company, Gwinnett Street Branch,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

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

Columbus Bank & Trust Co.,

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

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 10-20-14
1- 2-25
8-24-59 3-21-49 7-15-50 11- 9-53
2-17-60

xii NAME OF OFFICE

DEPARTMENT OF BANKING BANK OFFICES AS OF DECEMBER 31, 1968

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.

225 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

Atlanta Bank & Trust Co.

Ben Hill Office

Campbellton Rd., S.W...... Atlanta Bank & Trust Co............. Atlanta

Atlanta Bank & Trust Co.

Roswell Road Office

3724 Roswell Road, N.E.... Atlanta Bank & Trust Co............. Atlanta

The Peoples American Bank

of Atlanta

Ansley Mall Office

The Peoples American Bank

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

The Peoples American Bank

of Atlanta

Buckhead Office

The Peoples American Bank

2970 Peachtree Rd., N.E. . . . of Atlanta ..................... Atlanta

The Peoples American Bank

of Atlanta

Marietta Street Office

The Peoples American Bank

58 Marietta St., N.W. . . . . . . of Atlanta ..................... Atlanta

The Peoples American Bank

of Atlanta

Peachtree Office

The Peoples American Bank

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

Trust Company of Georgia

Chattahoochee Office

1221 Chattahoochee

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

Trust Company of Georgia

Fulton Industrial Office

711 Fulton Industrial

Boulevard ...............Trust Company of Georgia ........... 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 Dr., N.E......Trust Company of Georgia ........... Atlanta

Trust Company of Georgia

Northside Parkway Office

3300 Northside Pkwy., N.W. Trust Company of Georgia ........... Atlanta

Trust Company of Georgia

Bank of DeKalb

Brookhaven Office

Trust Company of Georgia

4021 Peachtree Rd., N.E. . . . Bank of DeKalb ................. Atlanta

Richmond County Bank

Cherokee Office

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

7-11-60 4- 1-61 5-22-61 2-13-67 6-10-63 9-19-68
10-30-67
10- 2-68
10- 2-68
11- 1-66
6-10-64
6-29-67 1-20-65 2-26-62 6-27-68
3-15-66 12- 2-63

FORTY-NINTH ANNUAL REPORT

xiii

BANK OFFICES AS OF DECEMBER 31, 1968

NAME OF OFFICE

NAME OF PARENT

BEGAN LOCATION BUSINESS

Austell Bank

Bankhead Office

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

1- 2-64

Commercial & Exchange Bank

Parkway Circle Office

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

5-26-66

The Peoples Bank

South and Maple

Street Office .............Th.e Peoples Bank .................. Carrollton

5-10-65

Peachtree Bank and Trust Co.

Chamblee-Dunwoody Office .Peachtree Bank & Trust Company...... Chamblee

2-11-63

Columbus Bank & Trust Co.

Buena Vista Road Office

Buena Vista Rd. and

Tennessee Drive ...........Columbus Bank & Trust Company ..... Columbus

10-29-65

Columbus Bank & Trust Co.

Macon Road Office

Midtown Shopping Center ...Columbus Bank & Trust Company ..... Columbus

3-22-65

Cornelia Bank

North Main Drive-in Office

402 N. Main Street ........Cornelia Bank ..................... Cornelia

1-18-65

Hardwick Bank & Trust Co.

Cleveland Road Office

Cleveland Highway ........Hardwick Bank and Trust Company .... Dalton

6-11-68

The Citizens and Southern

Emory Bank

Clairmont Road Office

1237 Clairmont Rd.

The Citizens and Southern

DeKalb County

P. 0. Decatur............. Emory Bank .................... (P.O. Atlanta) 12-14-64

The Citizens and Southern

Emory Bank

North DeKalb Office

2052 Lawrenceville Hwy. The Citizens and Southern

DeKalb County

P. 0. Decatur............. Emory Bank .................... (P.O. Atlanta) 12-12-68

Farmers and Merchants Bank

Bellevue Office

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

7- 9-64

Bank of Forest Park

Morrow Road Office

Ash St. & Morrow Rd...... Bank of Forest Park ................ Forest Park 9- 8-65

The Citizens Bank

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

2-18-63

Commercial Bank & Trust Co.

Mcintosh Road Office

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

2- 2-66

Citizens Bank of Hapeville

International Park

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

7-24-63

LaGrange Banking Company

South Greenwood St. Office

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

12-15-65

The Brand Banking Company

Brand Bank Drive-in

492 E. Crogan Street .......The Brand Banking Company ......... Lawrenceville 8-22-64

Georgia Bank & Trust Co.

Pio Nono Office

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

6- 5-67

xiv

DEPARTMENT OF BANKING

BANK OFFICES AS OF DECEMBER 3I, I968

NAME OF OFFICE

NAME OF PARENT

BEGAN LOCATION BUSINESS

Georgia Bank & Trust Co.

Riverside Drive Office

2390 Riverside Drive .......Georgia Bank & Trust Company ....... Macon

I0-2I-68

Marietta Commercial Bank

East Marietta Office

I6 I6 Roswell Road ........Marietta Commercial Bank . . . . . . . . . . . Marietta

I0- 2-6 I

Exchange Bank

Southside Office ..........Exchange Bank .................... Milledgeville 9-20-63

Roswell Bank

North Roswell Office

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

6- I-65

St. Simons State Bank

Longview Office

St. Simons

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

7- 7-66

Savannah Bank & Trust Co.

Reynolds Square Office

I26 East Bryan Street ...... Savannah Bank & Trust Company ...... Savannah

I0-2I-68

Savannah Bank & Trust Co.

Stephenson Avenue Office

Stephenson Ave"nue and

Abercorn Street. .......... Savannah Bank & Trust Company...... Savannah

I I-I5-65

Bank of Smyrna

South Cobb Office

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

II-I4-63

Sea Island Bank

South Side Office

5IO S. Main Street. ........Sea Island Bank ................... Statesboro

7-I6-62

Commercial Bank

Drive-in Office ............Commercial Bank .................. Thomasville 3-2I-6I

Bank of Thomas County

Main Street Office .........Bank of Thomas County ............. Thomasville I-20-61

Bank of Tifton

Northside Office

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

6-27-66

The Bank of Toccoa

Big A Office

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

5-27-65

The Citizens & Southern Bank

of Tucker

LaVista Road Office

The Citizens & Southern Bank

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

I0-2I-65

The Bank of Warner Robins

Plaza Office ..............The Bank of Warner Robins .......... Warner Robins 6-I6-62

Citizens State Bank

Briarcliff Office ...........Citizens State Bank ................. Warner Robins 5- 9-63

Washington Loan and

Banking Company

Liberty Street Office

Washington Loan and

II 3 Liberty Street. . . . . . . . . Banking Company ............... Washington

I-II -65

Commercial Bank

Northside Office

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

9-24-65

Bank of Waynesboro

Council Street Office

Cor. Council and

Commerce Sts. . .......... Bank of Waynesboro ................ Waynesboro 6-24-66

FORTY-NINTH ANNUAL REPORT

XV

BANK OFFICES APPROVED BUT NOT OPENED

NAME OF OFFICE

NAME OF PARENT

LOCATION APPROVED

The Citizens and Southern

Bank of Albany

Northside Office

The Citizens and Southern

2101 N. Slappey Blvd. . . . . . Bank of Albany.................. Albany

Trust Company of Georgia

Peachtree Center Office

225 Peachtree Bldg., N.E....Trust Company of Georgia ........... Atlanta

Trust Company of Georgia

Bank of DeKalb

Clairmont-Emory Office

Clairmont Road and

Trust Company of Georgia

Williamsburg Drive . . . . . . . . Bank of DeKalb ................. Atlanta

The Bank of College Park

South College Park Office

2093 Roosevelt Highway ... The Bank of College Park . . . . . . . . . . . . College Park

Bank of Fulton County

Headland Office

Headland Drive ........... Bank of Fulton County ............. East Point

Citizens and Southern Bank

of East Point

South Fulton Office

Citizens and Southern

1117-1135 Cleveland Ave.... Bank of East Point ............... East Point

The Rockmart Bank

Goodyear Office

604 Goodyear Street .......The Rockmart Bank ................ Rockmart

The Rome Bank & Trust Co.

West Rome Office

2211 Shorter Avenue ......The Rome Bank & Trust Company ..... Rome

6-18-68 8-23-68
12-17-68 12-19-68 3- 8-68 3-18-68 4-24-68 9-16-68

xvi

DEPARTMENT OF BANKING

FACILITIES AS OF DECEMBER 31, 1968

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

Corner 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

Cook Banking Company TV

Drive-in Facility

Beach Street .............Cook Banking Company . . . . . . . . . . . . . Cochran

Columbus Bank & Trust Co.

Ft. Benning Facility........Columbus Bank & 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 Hinesville Hank

.

Ft. Stewart Facility ........The Hinesville Bank ................ Hinesville

The Citizens & Southern Bank of

LaGrange Drive-in Facility The Citizens & Southern

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

Moultrie Banking Company

Drive-in Office

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

The Bank of Perry

Macon Street Office

1132-34 Macon Street. ..... The Bank of Perry ............... 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 8-15-68 2- 2-20 12-17-63 11-13-61 4-24-67 11- 7-68 4-16-62 5-31-62 8- 6-65 I 0- 6-67 7-16-62 4-15-60

FORTY-NINTH ANNUAL REPORT

xvii

FACILITIES APPROVED BUT NOT OPENED

NAME OF FACILITY

NAME OF PARENT

LOCATION APPROVED

The Farmers Bank of Tifton Drive-in Facility The Town & Country Shopping Plaza, Virginia Ave. The Farmers Bank of Tifton ...........Tifton
Bank of Worth County West End Facility 305 West Franklin Street. ... Bank of Worth County .............. Sylvester

8-22-68 9-24-68

ADDITIONS AND DELETIONS OF BANKS DURING YEAR

BANKS

Banks in Operation January 1, 1968

341

Banks in Operation December 31, 1968

340

Banks Opening During Year . . . . . . . . . . . . . . . . . . . . 2

The Bank of Griffin, Griffin

Gwinnett Bank & Trust Company, Norcross

Banks Absorbed by Other Banks Under Purchase and

Assumption Agreements During Year . . . . . . . . . . . . 3

Albany Savings Bank, Albany

The Peoples Bank, Atlanta

with - 1 Bank Office ................... .

The Commercial & Savings Bank of Augusta, Augusta

with - 1 Bank Office . . . . . . . . . . . . . . . . . . . . 1

Bank Offices and/or Facilities Opening During Year

10

Hardwick Bank and Trust Company, Dalton

Cleveland Road Office

Trust Company of Georgia, Atlimta

Northside Parkway Office

Cook Banking Company, Cochran

Cook Banking Company TV Drive-in Facility

Atlanta Bank and Trust Company, Atlanta

Roswell Road Office

The Peoples American Bank of Atlanta, Atlanta

(In absorption of The Peoples Bank)

Buckhead Office

Marietta Street Office

Georgia Bank & Trust Company, Macon

Riverside Drive Office

The Hinesville Bank, Hinesville

Ft. Stewart Facility

Savannah Bank & Trust Company of Savannah, Savannah

Reynolds Square Office

The Citizens & Southern Emory Bank, Atlanta

North DeKalb Office

BRANCHES BANK OFFICIES AND FACILITIES
84 92

xviii

DEPARTMENT OF BANKING

STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM

Bank o f Adairsville Adairsville 0 0 o 0 0 0 o 0 0 0 o 0 0 0 0 0 0 0 o 0 0 o 0 0 0 0 0 0 0 o o 0 0 o o 0 0 0 0 0 o o 0 0 o 0 o 0 0 0 0 0 0 0

Citizens Trust Company Atlanta 0 0 o 0 0 0 o 0 0 o o 0 o o 0 0 o 0 0 0 0 0 0 0 o o 0 0 0 o 0 0 0 o 0 0 o 0 0 0 o 0 0 0 0 0 0 0 0 0 0 0

Trust Company o f Georgia Atlanta 0 o 0 0 o o 0 0 o 0 0 o 0 0 o 0 0 0 o 0 0 0 0 0 0 0 0 o o 0 0 0 0 0 0 o o 0 0 0 o o 0 0 0 0 0 0 0 0

Georgia Railroad Bank Trust Company Augusta &

o o o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0

00 0

000

0 00

0 0 0 0 0 0 0 0 0 00 0

Citizens Bank & Trust Company Bainbridge 0 0 o o 0 0 o 0 0 0 o 0 0 0 o 0 0 0 o 0 0 0 0 o 0 0 o 0 0 0 0 0 0 0 o 0 o 0 0 0 0 0 0 0

Blackshear Bank Blackshear 0 0 0 o o 0 0 0 o 0 0 o o 0 0 o 0 0 o o 0 0 0 0 0 0 o 0 0 0 o o 0 0 0 o o 0 0 0 0 0 o o 0 o o 0 0 o 0 0 0 0 0 0

Columbus Bank and Trust Company Columbus o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

000

00 000 00 000 000 00 0 00

Granite City Bank 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Elberton

Brand Banking Company Lawrenceville o 0 0 0 0 0 0 o o 0 0 o 0 0 0 o 0 0 0 o 0 0 o 0 0 0 0 o 0 0 0 o 0 0 0 o 0 0 o 0 0 o o 0 0 o

Farmers Bank Monroe o o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 00

0 0000 0

0 0000 0

0 00

Savannah Bank & Trust Company Savannah 0 0 0 0 o 0 0 0 0 0 0 0 0 0 0 o 0 0 0 o o 0 0 o 0 0 0 0 o 0 0 0 o 0 0 o 0 0 0 0 0 0 o

Bank ofWaynesboro Waynesboro o o o o o o o o o o 0 0 0 0 0 0 0 0 0 0 0

00

0 0 0 0 0 0 0 0 0 0 00 0 0

00 0

000

0 00

0 00

00

0

FORTY-NINTH ANNUAL REPORT

xix

LEGAL HOLIDAYS
January 1 -New Year's Day January 19- Lee's Birthday February 22 - George Washington's Birthday April 26 - Memorial Day May 30 - National Memorial Day June 3 - Jefferson Davis' Birthday July 4 - Independence Day First Monday in September - Labor Day October 12 - Columbus Day November 11 - Armistice Day Fourth Thursday in November - Thanksgiving Day December 25 - Christmas Day Provided that when any of the holidays enumerated above fall on a Sunday, the
Monday next following shall be observed as a Legal Holiday.

SUPERINTENDENTS OF BANKS, PAST AND PRESENT

Name

Date of Appointment

T. R. Bennett . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A. B. Mobley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . W. J. Davis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R. E. Gormley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R. R. Tippins . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . John C. Beasley .............................. R. E. Gormley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C. B. Golsan, Acting Superintendent . . . . . . . . . . . . . . John C. Beasley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. G. Jackson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A. P. Persons . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . W. D. Trippe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . W. M. Jackson, Acting Superintendent . . . . . . . . . . . . . W. M. Jackson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

November 17, 1919 January 1, 1927 September 24, 1931 January 1, 1932 October 6, 1936 January 11,1937 January 25, 1937 January 1, 1940 January 14, 1941 March 22, 1947 November 18, 1948 July 1, 1960 July 16, 1963 February 17, 1964

Date Service Ended
January 1, 1927 September 24, 1931 January 1, 1932 October 6, 1936 January 11, 1937 January 25, 1937 January 1, 1940 January 14, 1941 March 21, 1947 November 18, 1948 June6, 1960 July 15, 1963 February 16, 1964

XX

DEPARTMENT OF BANKING

CLASSIFICATION OF BANKS BY CAPITALIZATION AS OF DECEMBER 31, 1968

No. of Banks
1 ......................... . 18 ......................... . 6 ......................... . 2 ......................... .
so ......................... .
2 ......................... . 3 ......................... . 3 ......................... . 6 ......................... . 1 ......................... . 2 ......................... . 79 ......................... . 4 ......................... . 6 ......................... .
1 ......................... . 1 ......................... .
1 ......................... .
2S ......................... . 3 ......................... . 2 ......................... .
so ......................... .
1 ......................... . 1 ....................... ; .. 3 ......................... . 2 ......................... . 11 ......................... . 2 ......................... . 13 ......................... . 1 ......................... .
1 ......................... . I ......................... . I ......................... . I ......................... . I ......................... .
2 ......................... . II ......................... . I ......................... .
1 ......................... . I ......................... . I ......................... . I ......................... . 4 ......................... . I ......................... . I ......................... . I ......................... .
2 ......................... . I ......................... . 2 ......................... . I ......................... . I ......................... .
1 ......................... . I ......................... . I ......................... .

Capital
$ IS,OOO.OO 2S,OOO.OO 30,000.00
4so0,,o0o0o0..o0o0 ss,ooo.oo
60,000.00 70,000.00 7S,OOO.OO 8S,OOO.OO 90,000.00 100,000.00 I20,000.00 I2S,OOO.OO 130,000.00 I40,000.00 I4S,OOO.OO ISO,OOO.OO 17S,OOO.OO I87,SOO.OO 200,000.00 2IO,OOO.OO 220,000.00 22S,OOO.OO 240,000.00 2SO,OOO.OO 270,000.00 300,000.00 3I2,SOO.OO 32S,OOO.OO 330,000.00 3SO,OOO.OO 360,000.00 370,000.00 37S,OOO.OO 400,000.00 400,200.00 40S,OOO.OO 420,000.00 4SO,OOO.OO
4so7o8,,o0o0o0..o0o0
600,000.00 62S,OOO.OO 7SO,OOO.OO 800,000.00 862,SOO.OO I ,000,000.00 I,I2S,OOO.OO I,8IS,OOO.OO 2,94S,2SO.OO 4,000,000.00 I 0,800,000.00

Total Capital

Total
Resources

$ 1S,OOO.OO $ 793,220.I9 4SO,OOO.OO 23,036,S70.07 180,000.00 8,608,783.44 80,000.00 6,S3I ,3S0.80
2,SOO,OOO.OO I29,830,230.S3 110,000.00 2,087 ,09S.32 180,000.00 9,134,696.07 210,000.00 8,720,3I8.8S 4SO,OOO.OO I4,788,6S8.39 8S,OOO.OO 2,S70,806.38 180,000.00 8,I4I,SI4.0S
7,900,000.00 38S,S7S,967.1S 480,000.00 I9,360,4I4.66 7SO,OOO.OO 32,838,040.39 130,000.00 S,447,887.28 140,000.00 6,968,244.83
14S,OOO.OO 12,374,S I4.32 3,7SO,OOO.OO I68,I28,22S.8S
S2S,OOO.OO I9,128,7SS.29 37S,OOO.OO I4,292,439.72 I0,000,000.00 43S,66I ,320.8S 2IO,OOO.OO I3,9S6,684.7I
220,000.00 S,863,I80.34 67S,OOO.OO 22,724,043.07
480,000.00 12,767,800.43 2,7SO,OOO.OO 97,87S ,S43.39
S40,000.00 I2,99S,7S2.9I 3,900,000.00 I76,3II ,817.90
3I2,SOO.OO 7,363,428.43 32S,OOO.OO I2,2II ,346.80 330,000.00 I6,73I ,894.30
3SO,OOO.OO 10,269,607.23 360,000.00 I S,347,780.68 370,000.00 32,9S9,876.07 7SO,OOO.OO 3I ,OS9 ,242.60 4,400,000.00 I8I ,148,03S.4S 400,200.00 9,86S,692.22 40S,OOO.OO I4,40I,207.86 420,000.00 II ,SOS,I46.SS 4SO,OOO.OO 2S,6I3,8I8.23 478,000.00 I6,43S,834.76 2,000,000.00 9I ,911 ,S97.I2 600,000.00 I3,743,984.80
62S,OOO.OO 30,3S9,00I.20 7SO,OOO.OO 2I,720,S46.7I I ,600,000.00 S3,24S,374.II 862,SOO.OO I9,S46,6S4.73
2,000,000.00 I04,489 ,2S7.63 I ,I2S ,000.00 38,0I7,472.S8 I,8IS,OOO.OO 9I,8S2,721.84 2,94S,2SO.OO 93,604,737.34
4,000.000.00 I6I,860,829.12 I0,800,000.00 S63,264,7I4.10

FORTY-NINTH ANNUAL REPORT

xxi

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1968
{With Comparative Statement as of December 31, 1967)

Dec. 31, 1968 Dec. 31, 1967

340Banks

341 Banks

92 Branches 84Branches

Increase+ Decrease-

ASSETS Cash and balances with other banks ...... . U.S. Government Obligations, direct
and guaranteed ................. . Obligations of States and political
subdivisions ................... . Securities of Federal Agencies - 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 indirectly representing bank premises ............ . Real Estate owned other than bank premises ...................... . Customers' liability on acceptances outstanding ................... . Other Assets ........................ .
TOTAL ASSETS .................... .

$ 483,712,682 $ 446,041,768 $ 37,670,914+

532,791,422 516,739,262 16,052,160+

334,221,789 279,557,353 54,664,436+

157,829,621 140,139,484 17,690,137+

8,169,713

6,939,344 1,230,369+

1,714,745,963 1,473,133,813 241,612,150+

69,728,658

57,414,030 12,314,628+

1,915,834

2,723,664

807,830-

856,148 21,071,850

113,497 14,447,778

742,651+ 6,624,072+

$3,325,043,680 $2,937,249,993 $387,793,687+

LIABILITIES Demand Deposits .................... . Time Deposits ...................... . Deposits ofU. S. Government .......... . Deposits of States and political
subdivisions ................... . Deposits of Banks .................... . Other deposits (certified and officers
checks, etc.) ................... .
TOTAL DEPOSITS ................. ..
Liabilities for borrowed money ......... . Acceptances executed and outstanding ... . Other liabilities ...................... .
TOTAL LIABILITIES (not including capital accounts) ............... .

$1 ,239,071 ,096 $1,106,492,885 $132,578,211+

1,266,502,748 1,092,153,063 174,349,685+

33,819,454

34,011,994

192,540-

305,601,109 98,245,621

284,639,841 20,961,268+ 81,719,285 16,526,336+

25,682,753

19,664,635 6,018,118+

$2,968,922,781 $2,618,681,703 $350,241 ,078+

3,552,496 856,148
77,152,242

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

1,702,311+ 742,651+
13,307,801+

$3,050,483,667 $2,684,489,826 $365 ,993 ,841 +

CAPITAL ACCOUNTS Capital Notes ....................... . Common Stock ..................... . Surplus ............................ . Undivided Profits .................... . Reserves .......................... ..
TOTAL CAPITAL ACCOUNTS

$ 6,150,000 $ 4,400,000 $ 1,750,000+

75,883,450

71,478,900 4,404,550+

117,707,121 105 ,831,720 11,875,401+

51,191,237

47,622,594 3,568,643+

23,628,205

23,426,953

201,252+

$ 274,560,013 $ 252,760,167 $ 21,799,846+

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

$3,325 ,043,680 $2,937,249,993 $387 ,793,687+

FORTY-NINTH ANNUAL REPORT STATEMENT
Showing condition at the close of business December 31, 1968, 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
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
IT~o~~t~~~s- . ~~~ . -g~~~~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................

293,636.41 487,172.85
5,293.50
372,000.00 None
807,883.50
353.56 None None 68.26

Total Assets...............$ 1,966,408.08

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

865,466.35 693,126.13
7,706.34
191,676.21 None
12,580.31 None
None 11,733.18
None None 50,000.00 75,000.00 59,119.56 None

Total Liabilities..........$ 1,966,408.08

STATEMENT Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 1,131,191.69

United States Government obliga-

tions, direct and guaranteed . . . . . 616,473.30

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 64,894.13

Securities of Federal agencies and

b~r.~~t~~~~. ~~~ ..g.u~~~t-e~~- -~~ 600,112.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . 2,847,394.56

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 84,177.33

Real estate owned other than bank

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

353.28

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

~~~=

LIABILITIES

Demand deposits.........$ 2,339,818.27

Time and savings deposits. . . . . . 2,400,695.18

Deposits of U.S. Government....... 37,215.01

DeP<?s!ts of States and political sub-

diVISIOns.................. 106,636.39

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

None

Certified ::nd officers' checks, etc... 24,738.07

Other liabilities for borrowed money.

None

Acceptances exeo.;uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 20,000.00

Capital notes and debentures...... .

None

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

None

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

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

Undivided profits.............. 115,493.87

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

None

- -Tot-al A-ss-ets.-..-..-.-...-.-...-.$-5,3-44-,59-6.7'9 - - - -To-tal-Lia-bil-itie-s..-...-..-...-...-..-$ 5-,34-4,5-96.-79

2

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 3-24-1899

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
cuo.srp. o.ra.t.io.n.s. . .n.o.t . .g.u.a.ra.n.t.ee. d. . .b.y.
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 owued other than bank premises. . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . . . . . .
Other assets. . . . . . . . . . . . . . .

322,993.26 371,537.15 583,692.10
35,000.00 5,250.00
1,484,743.06
34,695.92 None None None

Total Assets................$ 2,837,911.49

LIABILITIES

Demand deposits.............~ 1,223,396.52

Time and savings deposits..... 1,107,991.23

Deposits of U.S. Government....... 24,700.02

Dep<?s!ts of States and political sub

diVISIOnS. . . . . . . . . . . . . . . . . . . . . 151,964.11

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

None

Certified and officers' checks, etc... 19,133.21

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

1,752.00

Capital notes and debentures...... .

None

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

None

Common stock............... 50,000.00

Surplus...................... 125,000.00

Undivided profits............... . 133,974.40

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

None

Total Liabilities.........$ 2,837,911.49

STATEMENT

Showing condition at the close of business December 31, 1968, 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

J. ELLIS FUTCH, Cashier.
Began Business: 3-1-1929

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

948,260.95 1,059,071.19
511,449.86
450,000.00 None
3,542,862.54
19,320.02 14,986.34
None 2,792.54

Total Assets.................$ 6,548,743.44

LIABILITIES

Demand deposits..............$ 2,819,601.28

Time and savings deposits. . . . . . . . . 2,177,024.66

Deposits of U.S. Government....... 334,718.91

Dep<?s!ts of States and political subdiVISions. . . . . . . . . . . . . . . . . . . . . 683,436.33

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

45,032.00 449.56 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 464.00
None
None 150,000.00 100,000.00 123,016.70 115,000.00

Total Liabilities.............$ 6,548,743.44

FORTY-NINTH ANNUAL REPORT

3

STATEMENT

Showing condition at the close of business December 31, 1968, of

FARMERS AND MERCHANTS BANK 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.
Began Business: 1-15-1948

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
u.s. corporations not guaranteed by 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 0
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. . . . . . . . . . . . . . . . . . .

439,055.59 827,619.26
7,000.00
100,000.00 None
1,953,013.52
50,802.53 None None None

Total Assets................$ 3,377,490.90

LIABILITIES

Demand deposits............$ 1,359,064.50

Time and savings deposits......... 1,319,109.74

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

18,911.47

Dep<?s!ts of States and political sub-

divtsJons.................... . 421,365.76

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

None

Certified and officers' checks, etc... 24,292.27

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.................... 125,000.00

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

9,747.16

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

None

Total Liabilities..............$ 3,377,490.90

STATEMENT Showing condition at the close of business December 31, 1968, of

MONTGOMERY COUNTY BANK Ailey (Montgomery), Ga.

As called for by the Superintendent of Banks

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

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

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~r.~~t~~~~ . ~~~ ..g.u~~~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................... .

269,734.01 348,901.26
None
299,331.25 None
797,478.31
3,566.29 None None None

LIABILITIES
Demand deposits................$ Time and savings deposits........ . Deposits of U.S. Government...... .
Dep<?s!ts of States and political subdiVISIOns. . . . . . . . . . . . . . . . . . . .
Deposits of banks............... . Certified ~nd 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...................... .

719,687.77 612,527.28
33,132.22
181,983.74 20,862.10 2,491.67 None
None 35,760.34
None None 30,000.00 80,000.00 2,566.00 None

Total Assets.................$ 1,719,011.12

Total Liabilities...............$ 1,719,011.12

-----'------------------------

4

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

WHEELER COUNTY STATE BANK 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 collection.$ 374,746.66

United States Government obliga

tions, direct and guaranteed . . 559,830.73

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. . . . . 18,849.80

Loans and discounts, including over

drafts....................... 1,198,314.99

Bank premises, furniture and fixtures,

and other assets representing bank

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

9,214.80

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets............. , . . .

None

Total Assets..............$ 2,160,956.98

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 outstand ing . . . . . . . . . . . . . . . . . . . . . . Other liabilities............... Capital notes and debentures...... Preferred stock.............. Common stock................ Surplus. . . . . . . . . . . . . . . . . Undivided profits.............. Reserves . . . . . . . . . . . . . . . . . .

949,977.35 727,001.90
3,784.22
305,000.00 None
8,453.64 None
None 6,397.02
None No11e 25,000.00 100,000.00 35,342.85 None

Total Liabilities............$ 2,160,956.98

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF ALAPAHA Alapaha (Berrien), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 311,909.73

United States Government obliga

tions, direct and guaranteed ..... . 1,068,881.04

Obligations of States and political

subdivisions. . ................ 550,090.53

Securities of Federal agencies and

b~1."~~t~~~~ . ~~~ ..g.u~~~t-e~~.~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over

drafts....................... . 1,405,196.02

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 54,319.51

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

LIABILITIES

Demand deposits...............$ 1,121,900.45

Time and savings deposits....... 1,581,853.87

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

6,476.29

Dep~s!ts of States and political sub

diVISIOnS 296,241.14

Deposits of banks............. 50,000.00

Certified and officers' checks, etc...

1,300.52

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............... 28,463.05

Capital notes and debentures...... .

None

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

None

Common stock................. 100,000.00

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

Undivided profits............... 104,161.51

Reserves...................... . 50,000.00

Total Assets...............$ 3,490,396.83

Total Liabilities..............$ 3,490,396.83

FORTY-NINTH ANNUAL REPORT

5

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 7,489,961.26

United States Government obliga-

tions, direct and guaranteed . . . 7,165,105.71

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 5,948,897.63

Securities of Federal agencies and

cuo.srp.o.ra.t.io.n.s. . n. o. t. . .g.u.ar.a.n.t.ee.d. . .b.y. 500,000.58

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

36,450.00

Loans and discounts, including over-

drafts...... . . . . . . . . . . . . . 32,901,106.27

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 1,007,344.16

Real estate owned other than bank

premises. . . . .. .. .. .. .. .. .. .. 127,967.79

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . .. . . . . .. . . . 417,565.33

Total Assets.............$ 55,594,398.73

LIABILITIES

Demand deposits.....$ 20,116,681.08

Time and savings deposits. . . . . . 22,723,178.58

Deposits of U.S. Government....... 268,977.84

Dep~s!ts of States and political sub-

dtVIStons................... .. 3,834,393.72

Deposits of banks......... 1,255,134.89

Certified and officers' checks, etc.. 398,425.22

Other liabilities for bonowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabilities........... 2,782,328.79

Capital notes and debentures....

None

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

None

Common stock............. 1,000,000.00

Surplus.................. 1,200,000.00

Undivided profits........... 1,071,430.70

Reserves............. 943,847.91

Total Liabilities.......$ 55,594,398.73

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$ 4,011,693.35

United States Government obliga-

tions, direct and guaranteed ..... . 7,078,391.21

Obligations of States and political

subdivisions................. 4,828,197.68

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ . gu~~~t~~~..~~ 2,497,937.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 29,238,247.98

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 642,264.41

Real estate owned other than bank

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

33,025.73

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... 565,101.04

LIABILITIES

Demand deposits..............$ 15,123,247.66

Time and savings deposits. . . . . . . 23,619,021.83

Deposits of U.S. Government....... 150,512.50

De~s!ts of States and political sub

dtvtSIOnS.. , ................ .. 2,354,973.71

Deposits of banks............. 779,130.09

Certified ::nd officers' checks, etc... 398,842.70

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities. . . ............ 2,460,671.09

Capital notes and debentures...... . 500,000.00

Prefened stock...............

None

Common stock................. . 1,000,000.00

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

Undivided profits............... 658,459.32

Reserves...................... . 850,000.00

Total Assets...............$ 48,894,858.90

Total Liabilities...............S 48,894,858.90

----'------------------.

6

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE FOUR COUNTY BANK Allentown (Wilkinson), Ga.

As called for by the Superintendent of Banks

A.T.LAND, 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 process of collection.$
United States Government obligations, direct and guaranteed .
Obligations of States and political subdivisions. . . . . . . . . . . . . . . .
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.
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. . . . . . . . . . . . . . . .

1,052,077.32 1,309,311.40
561,758.66
122,992.00 15,500.00
2,428,523.85
33,810.83 None None
7,362.97

Total Assets...........$ 5,531,337.03

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

1,651,980.11 2,541,804.92
17,460.52
437,770.71 387,528.72
18,911.48 None
None 123,761.37
None None 100,000.00 200,000.00 17,119.20 35,000.00

Total Liabilities.............$ 5,531,337.03

STATEMENT

Showing condition at the close of business December 31, 1968, of

ALMA EXCHANGE BANK Alma (Bacon), Ga.

As called for by the Superintendent of Banks

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

THOMAS L. CARTER, Cashier.
Began Business: 10-14-1939

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
U.r.~~t~~~s ~~~ . -~~~~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 acceptances outstanding........ .
Other assets................

936,232.65 1,045,033.00
374,546.20
600,000.00 None
4,041,139.87
106,232.96 None None
13,623.00

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 outstand ing...................... Other liabilities................ Capital notes and debentures..... Preferred stock............ Common stock............ Surplus. . . . . . . . . . . . . . . . . . . . . . Undivided profits............. Reserves . . . . . . . . . . . . . . . . . . . . .

2,020,130.00 3,320,226.35
47,688.05
1,059,191.31 72,865.61 75,040.62 None
Nono 9,569.00
None Nono 125,000.00 125,000.00 262,096.74 None

Total Assets................$ 7,116,807.68

Total Liabilities..............$ 7,116,807.68

FORTY-NINTH ANNUAL REPORT

7

STATEMENT

Showing condition at the close of business December 31, 1968, of

CITIZENS STATE BANK Alma (Bacon), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 424,762.08

United States Government obliga

tions, direct and guaranteed .. 895.856.32

Obligations of States and political

subdivisions............... 492,412.4~

Securities of Federal agencies and

corporations not guaranteed by

u.s.............. 50,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over

drafts.................... 2,824,680.32

Bank premises, furniture and fixtures,

and other assets representing bank

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

96,268.39

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.......

None

Other assets. _...........

1,837.50

Total Assets............$ 4,785,817.01

LIABILITIES

Demand deposits........$ 1,513,942.68

Time and savings deposits. . . . . . . 2,180,665.40

Deposits of U.S. Government. . . . . 15,653.93

Dep~?s!ts of States and political sub

divuuons. . . . . . . . . . . . . . . . . 528,064.09

Deposits of banks. . . . . . . .

10,000.00

Certified and officers' checks, etc. . .

14,776.52

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other liabilities............. 42,922.54

Capital notes and debentures...... .

None

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

None

Common stock........ 100,000.00

Surplus......... 300,000.00

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

59,791.85

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

20,000.00

Total Liabilities......$ 4,785,817.01

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ United States Government obliga

346,718.35

tions, direct and guaranteed ..... Obliga~i~'!s of States and political

1,187,031.48

SUbdlVUUOnS. . . . . . . . . . . . . . . Securities of Federal agencies and

800,681.96

t~?.'~t~~~s. ~~~ . -~~~~t.e~~.~~
Other securities, corporate stocks and

449,899.96

stock in Federal Reserve Bank... Loans and discounts, including over

None

drafts................... Bank premises, furniture and fixtures,

4,281,639.81

and other assets representing bank

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

110,346.77

premises................. Customers' liability to this bank on

None

acceptances outstanding........ Other assets.................

None 34,042.06

Total Assets.............$ 7,210,360.39

LIABILITIES

Demand deposits.........$ 2,282,918.96

Time and savings deposits. . . . . . . . 3,354,701.40

Deposits of U.S. Government....... 107,071.24

DeP~?s!ts of States and political sub

dlVUUOnS................ 590,426.24

Deposits of banks........

None

Certified ::nd officers' checks, etc... 106,474.36

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand-

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

None

Other liabilities............. 273,622.64

Capital notes and debentures...

None

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

None

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

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

Undivided profits...... - ...... 110,145.55

Reserves................... 135,000.00

Total Liabilities........$ 7,210,360.39

8

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 1-2-1892

ASSETS
Cash, balances with other banks, and cash items in process of coDection.$
United States Government obligations, direct and guaranteed ...
Obligations of States and political subdivisions................
Securities of Federal agencies and
cuo.srp.o.r.a.ti.o.n.s ..n.o.t..g.u.a.r.an.t.e.e.d..b.y.
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. . ..............

2,280,007.10 2,053,454.65 2,565,928.72
600,364.02 None
6,682,139.52
325,600.07 None None None

Total Assets............. , .$ 14,507,494.08

LIABILITIES

Demand deposits...........$ 7,071,882.74

Time and savings deposits. . ..... 3,509,283.21

Deposits of U.S. Government...... 203,634.11

Dep<?s!ts of States and political sub-

divtslons................... 1,936,747.49

Deposits of banks............. 210,532.14

Certified and officers' checks, etc..

10,792.94

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing' ..................

None

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

47,000.00

Capital notes and debentures.....

None

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

None

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

Surplus................... 350,000.00

Undivided profits.......... 397,621.45

Reserves................ 370,000.00

Total Liabilities..........$14,507,494.08

STATEMENT

Showing condition at the close of business December 31, 1968, 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 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 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 acceptances outstanding........
Other assets...................

2,416,336.95 1,980,305.03 1,968,601.67
1,900,000.00 None
5,985,766.77
166,146.98 None None None

Total Assets................$ 14,417,157.40

LIABILITIES

Demand deposits............$ 6,761,101.32

Time and savings deposits....... 3,853,512.16

Deposits of U.S. Government...... . 153,426.37

DeP<?S!ts of States and political sub-

dlvtSions................... 2,495,690.96

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

None

Certified and officers' checks, etc...

48,644.10

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

74,300.00

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 350,000.00

Undivided profits............... 190,482.49

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

90,000.00

Total Liabilities..............$ 14,417,157.40

FORTY-NINTH ANNUAL REPORT

9

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 3-1-1936

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 272,913.63

United States Government obliga

tions, direct and guaranteed . . . 237,172.33

Obliga!i~J!S of States and political

SUbdiVISIOns. . . . . . . . . . . . . . . . . 27,000.00

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 53,350.81

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts........................ 1,915,531.21

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 64,838.40

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets.............$ 2,570,806.38

LIABILITIES

Demand deposits..........$ 1,220,272.59

Time and savings deposits. . . . . . . . 779,621.61

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

5,233.59

DefK!s!ts of States and political sub

diVISIOnS.................. 228,886.54

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

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

None

Other liabilities.............. 24,305.19

Capital notes and debentures......

None

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

None

Common stock............ 85,000.00

Surplus.................. 190,000.00

Undivided profits.............. 13,439.73

Reserves................... 24,047.13

Total Liabilities.........$ 2,570,806.38

STATEMENT

Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 811,659.95

United States Government obliga

tions, direct and guaranteed ..... . 1,457,542.00

Obliga!i~'!s of States and political

subdiVISIOnS.................. 1,496,024.55

Securities of Federal agencies and

t~S:~~t~~~s.. ~~~ ..g.u~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 10,000.00

Loans and discounts, including over-

drafts....................... . 5,638,764.48

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 75,726.16

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

2,837.42

Total Assets.................$ 9,492,554.56

LIABILITIES

Demand deposits............$ 3,184,822.80

Time and savings deposits. . . . . . . . 4,042,725.45

Deposits of U.S. Government....... 98,765.83

De!>~s!ts of States and political sub-

dJVJSJons.................. 628,488.37

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

None

Certified ~nd officers' checks. etc.. . 175,791.44

Other liabilities for borrowed money. 500,000.00

Acceptances exe.uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ . 81,323.36

Capital notes and debentures...... .

None

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

None

Common stock................. . 250,000.00

Surplus....................... . 400,000.00

Undivided profits............... . 130,637.31

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

None

Total Liabilities..............$ 9,492,554.56

10

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 D. RAINES, Cashier.
Began Business: 10-25-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 887,187.10

United States Government obliga

tions, direct and guaranteed . . . . . 1,561,000.00

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 424,078.55

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...... ,................. 4,922,551.71

Bank premises, furniture and fixtures,

and other assets representing bank

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

82,747.38

Real estate owned other than bank

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

15,702.21

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets.................$ 7,893,266.95

LIABILITIES

Demand deposits..............$ 2,621,070.87

Time and savings deposits. . . . . . . . . 4,308,934.47

Deposits of U.S. Government....... 16,600.31

Deposits of States and political sub-

divisions.................... . 369,049.70

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

None

Certified and officers' checks, etc...

75,062.46

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.............. 102,549.14

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

None

Total Liabilities...............$ 7,893,266.95

STATEMENT

Showing condition at the close of business December 31, 1968, 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

J. C. WILLIAMS Cashier.
Began Business: 11-1-1949

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,015,383.70

United States Government obliga-

tions, direct and guaranteed . . . . . 1,040,592.01

Obliga!i'?~s of States and political SUbdiVISIOnS. . . . . . . . . . . . . . . . . . . 2,035,908.66

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. 2,214,550.40

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 5,721,434.14

Bank premises, furniture and fixtures,

and other assets representing bank

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

91,624.93

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . 157,648.54

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

97,371.94

Total Assets................$ 12,374,514"32

LIABILITIES

Demand deposits..............$ 2,932,805.11

Time and savings deposits. . . . . . . . . 3,642,734.33

Deposits of U.S. Government. . . . . . . 60,140.88

Dep~s!ts of States and political sub-

dJVJSJons.................... . 4,077,349.63

Deposits of banks............... . 337,830.28

Certified and officers' checks, etc.. . 34,082.04

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............. 325,866.86

Capital notes and debentures...... .

None

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

None

Common stock................. . 145,000.00

Surplus....................... . 655,000.00

Undivided profits............... . 163,705.19

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

None

Total Liabilities.............$12,374,514.32

FORTY-NINTH ANNUAL REPORT

II

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$
United States Government obliga tions, direct and guaranteed . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . .
Securities of Federal agencies and
u.s. . corporations not guaranteed by 0 0 0 0 0 0 0 0. 0 0 0..
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. . . . . . . . . . . . . . . . . . . .

1,759,303.51 4,144,301.90 2,855,198.69
425,000.00 None
9,421,985.97
292,250.78 None
48,108.04 14,742.42

Total Assets...............$ 18,960,891.31

.)..lABILITIES
Demand deposits.............$ Time and savings deposits........ . 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...................

6,690,717.48 8,755,145.84
184,706.90
1,308,750.00 33,785.00
159,987.75 None
48,108.04 318,487.31
None None 400,000.00 400,000.00 164,116.70 497,086.29

Total Liabilities..........$ 18,960,891.31

STATEMENT Showing condition at the close of business December 31, 1968, of

THE CITIZENS AND SOUTHERN EMORY BANK Atlanta (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..$ 3,362,054.75

United States Government obliga-

tions, direct and guaranteed . . . . . . 6,614,321.12

Obliga~i~~s of States and political

SubdJVlSIOnS. . . . . . . . . . . . . . . . . . 3,465,111.46

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . . . . . . . . . . . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

21,337.50

Loans and discounts, including over-

drafts........................ 18,428,136.25

Bank premises, furniture and fixtures,

and other assets representing bank

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

636,866.86

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . 432,048.13

LIABILITIES

Demand deposits.............$ 12,729,910.36

Time and savings deposits........ 15,309,212.34

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

180,044.00

Dep~s!ts of States and political sub-

davasaons. . . . . . . . . . . . . . . . . . .

674,375.46

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

None

Certified .:nd officers' checks, etc...

45,333.74

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities............... 1,664,296.36

Capital notes and debentures...... .

400,000.00

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

None

Common stock................

370,000.00

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

930,000.00

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

281,703.81

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

375,000.00

Total Assets................$ 32,959,876.07

Total Liabilities...............$ 32,959,876.07

12

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, of

CITIZENS TRUST COMPANY Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

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

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

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
cuo.srp.o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee. d. . .b.y.
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. . . . . . . . . . . . . . . . . . . .

1,948,667.48 2,656,559.35 6,314,531.10
756,396.30 71,050.00
6,472,888.52
I ,085,888.64 153,084.20 None 87,589.14

Total Assets.................$ 19,546,654.73

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

7,927,387.27 6,500,837.06
847,908.87
986,503.59 None
377,575.89 None
None 540,227.17
None None 862,500.00 1,171,350.84 278,711.21 53,652.83

Total Liabilities..............$ 19,546,654.73

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 1,379,819.57

United States Government obliga-

tions, direct and guaranteed ..... . 3,016,883.75

Obliga!i~~s of States and political

SUbdiVISIOnS.................. 3,061,399.02

Securities of Federal agencies and

u~~o~~t~~~~ . ~~~ . gu-~~~t~~~.~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 876,625.53

Loans and discounts, including over-

drafts....................... . 10,167,638.65

Bank premises, furniture and fixtures,

and other assets representing bank

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

50,001.00

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

Total Assets.................$ 18,552,368.52

LIABILITIES

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

92,041.25

Time and savings deposits........ . 12,741,029.40

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

861.51

Dep~s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . . . .

596,747.90

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

105,000.00

Certified and officers' checks, etc...

2,927.00

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

8,549.19

Capital notes and debentures...... .

None

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

None

Common stock................. .

500,000.00

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

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

477,173.76

Reserves. ..................... . 3,028,038.51

Total Liabilities...............$ 18,552,368.52

FORTY-NINTH ANNUAL REPORT

13

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE PEOPLES AMERICAN BANK OF ATLANTA Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

T. B. McLEOD, 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 collection..$ 3,169,350.49

United States Government obliga-

tions, direct and guaranteed . . . . 4,738,728.83

Obliga!i~f!S of States and political

SUbdiVISIOnS...... , , , , , , , , . , , , , 1,440,739.08

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. 1,244,125.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 19,163,800.71

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 435,853.60

Real estate owned other than bank

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

5,925.66

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

5,000.00

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

155,477.83

Total Assets................$ 30,359,001.20

LIABILITIES

Demand deposits................$ 12,326,478.58

Time and savings deposits........ 9,632,557.42

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

219,281.29

Dep<?s!ts of States and political sub

diVISIOnS. . . . , , , , , , , , , , , , , , , . , 3,703,750.00

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

590,952.75

Certified and officers' checks, etc...

193,583.45

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

5,000.00

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

506,773.72

Capital notes and debentures...... .

750,000.00

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

None

Common stock.................

625,000.00

Surplus....................... I ,300,000.00

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

505,623.99

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

None

Total Liabilities.............$ 30,359,001.20

STATEMENT

Showing condition at the close of business December 31, 1968, of

TRUST COMPANY OF GEORGIA Atlanta (Fulton), Ga.

As called for by the Superintendent of Banks

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

STEVE H. BOMAR, Ex. V. Pres. & Treas. Began Business: I~~

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$120,041,042.54

United States Government obliga-

tions, direct and guaranteed . . . . . . 44,005,065.77

Obliga!i~f!S of States and political

SUbdiVISIOnS......... , . , , , . . . . . 45,894,665.52

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. 4,859,222.22

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 3,050,000.00

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . . 310,887,70 1.89

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 21,737,604.36

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.........

621,610.35

Other assets. . . . . . . . . . . . . . . . . . . . 9,167,801.45

LIABILITIES

Demand deposits...............$214,794,593.29

Time and savings deposits......... 175,298,263.53

Deposits of U.S. Government....... 3,370,792.61

Dep<?s!ts of States and political subdtvtstons. ................... . 38,987,844.89
Deposits of banks............... 57,940,675.86

Certified ::nd officers' checks, etc... 10,298,070.27

Other liabilities for borrowed money. 1,800,000.00

Acceptances exe.uted 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...................... .

621,610.35 I 0,803,208.68
None None
10,800,000.00 24,200,000.00 10,180,849.00
4,177,805.62

_ ___ Total Assets.................$ 563,264,714.10 - - - - - __.

T-ota-l L-ia-bil-iti

e-s .-. .-. .-. .-. .-. . -. .

-. .S-5

63, --

264,
--

714

.1

0

14

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 4-15-1965

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 961,712.92

United States Government obliga

tions, direct and guaranteed . . . 3,048,550.69

Obliga!i~'!s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . 4,127,574.32

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. 2,159,325.28

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts...... . . . . . . . . . . . . . 10,876,272.14

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 411,823.19

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . 135,288.17

Total Assets.........$ 21,720,546.71

LIABILITIES
Demand deposits....$ Time and savings deposits...... Deposits of U.S. Government..... DepC!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. . . . . . . . . . . . . . . . . . . . . .

8,338,917.23 9,575,479.69
233,916.30
850,000.00 166,967.53
30,194.97 None
None 658,658.17
None None 750,000.00 800,000.00 275,998.44 40,414.38

Total Liabilities.....$ 21,720,546.71

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 1"1-30-1966

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

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

477,797.35 448,036.17
None
394,500.00 None
1,007,306.18
395,706.77 None None
17,514.15

Total Assets.................$ 2,740,860.62

LIABILITIES
Demand deposits.............$ Time and savings deposits....... Deposits of U.S. Government...... DepC!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...................... .

1,147,926.86 786,820.23 31,616.21
84,473.21 None
89,940.47 None
None 39,235.35
None None 240,000.00 260,000.00 60,848.29 None

Total Liabilities..............$ 2,740,860.62

FORTY-NINTH ANNUAL REPORT

15

STATEMENT

Showing condition at the close of business December 31, 1968, of

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

As called for by the Superintendent of Banks

JAMES H. HAMILTON, JR., President.
Date of Charter: 8-29-1904

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

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obliga lions, direct and guaranteed ...
Obligations of States and political subdivisions.............
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. .b.y.
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.............

501,299.22 686,044.16 367,213.03
225,000.00 None
2,605,852.56
129,348.48 None None
1,682.59

Total Assets............$ 4,516,440.04

LIABILITIES
Demand deposits.......$ Time and savings deposits...... Deposits of U.S. Government...... Dep'!s!ts of States and political sub-
dtVtstons. . . . . . . . . . . . . . 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.............

1,657,956.32 1,609,359.25
42,081.00
611,657.27 None
12,398.24 None
None 219,026.76
None None 175,000.00 107,000.00 56,961.20 25,000.00

Total Liabilities.........$ 4,516,440.04

STATEMENT Showing condition at the close of business December 31, 1968, 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

ASSETS Cash, balances with other banks, and

I

cash items in process of collection.$ 25,033,222.79

United States Government obligations, direct and guaranteed ..... 18,135,428.13

Obligations of States and political subdivisions...............

19,508,340.12

Securities of Federal agencies and

t~r.~~~~~~s.. ~~~ ..g.u~~~t~~~..~~

None

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

337,226.51

Loans and discounts, including overdrafts................... 88,595,565.06

Bank premises, furniture and fixtures,

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

8,665,413.23

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

92,724.41

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

20,209.30 1,472,699.57

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

LIABILITIES

Demand deposits.............$ 44,894,971.84

Time and savings deposits. . . . . . . . 66,835,326.54

Deposits of U.S. Government....... 799,173.78

DeP'!s!ts of States and political subdtVtstons.................. 16,612,343.78
Deposits of banks............ 9,270,507.91

Certified ::nd officers' checks, etc... 659,926.93

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

20,209.30

Other liabilities............... 10,045,238.12

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

Preferred stock.............. Common stock................. . Surplus. . . . . . . . . . . . . . . . . . . . . Undivided profits............... Reserves...................... .

None 4,000,000.00 4,000,000.00
723,130.92 None

Total Assets.................$161,860,829.12

Total Liabilities..............$161,860,829.12

16

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 banks, and cash items in process of collection..$
United States Government obliga tions, direct and guaranteed . .
Obliga~i<;I'!S of States and political subdJVJSJons. . . . . . . . . . . . . . . . . . .
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.
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 acceptances outstanding. . . . . . . . .
Other assets. . . . . . . . . . . . . . . . . .

1,031,191.13 None None
836,793.12 None
2,509,816.75
78,625.69 None None
21,734.31

Total Assets.................$ 4,478,161.00

LIABILITIES

Demand deposits.......$ 1,485,617.59

Time and savings deposits. . . . . . . . . 1,883,143.30

Deposits of U.S. Government.. . . . . . 20,176.24

Dep<?s!ts of States and political subdJVJSJons. . . . . . . . . . . . . . . . . . .
Deposits of banks............. Certified and officers' checks, etc... Other liabilities for borrowed money.

609,966.72 None 97.85 None

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

None 149,085.21
None None 200,000.00 50,000.00 80,074.09
None

Total Liabilities............$ 4,478,161.00

STATEMENT Showing condition at the close of business December 31, 1968, of

RICHMOND COUNTY BANK 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 banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed . . . . .
Obliga~i<;I'!S 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. . . . . . . . . . . . . . . . . . . .

816,048.09 1,364,836.80
401,728.30
None None 3,172,603.64
76,890.89 None None
31,072.62

Total Assets.................$ 5,863,180.34

LIABILITIES

Demand deposits...............$ 1,554,354.25

Time and savings deposits. . . . . . . 1,616,305.23

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

33,425.71

Deposits of States and political sub divisions....................
Deposits of banks............... . Certified and officers' checks, etc.. . Other liabilities for borrowed money.

1,094,486.25
815,066.95 34,727.47 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 212,240.98
None
None 220,000.00 110,000.00
97,573.50
75,000.00

Total Liabilities...............$ 5,863,180.34

FORTY-NINTH ANNUAL REPORT

17

STATEMENT

Showing condition at the close of business December 31, 1968, of

AUSTELL BANK Austell (Cobb), Ga.

As called for by the Superintendent of Banks

ROBT. H. DUNLAP, President.
Date of Charter: 1-3-1910

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

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
cuo.rsp.o.r.a.ti.o.n.s ..n.o.t..g.u.a.r.an.t.e.e.d..b.y.
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 acceptances outstanding........ .
Other assets...................

1.241,142.61 2,808,109.53 1,766,504.02
None None 7,731,178.92
267,942.16 2,159.44 None
246,138.81

Total Assets................$ 14,063,175.49

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

5,924,935.64 5,787,848.81
222,060.91
615,401.42 10,000.00 38,159.23 None
None 484,885.93
None None 300,000.00 350,000.00 244,883.55 85,000.00

Total Liabilities..............$ 14,063,175.49

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed ..... .
Obliga!i'?'!S 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 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 acceptances outstanding........ .
Other assets. . ................. .

2,195,794.08 3,011,234.40 2,166,165.97
None 6,210.00 8,462,392.74
203,383.37 None None
182,080.81

LIABILITIES
Demand deposits..............$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep~s!ts of States and political sub
dJVISIODS ...
Deposits of banks............... . Certified ::nd 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. ..................... .

6,567,227.07 7,205,391.79
133,835.06
370,560.62 None
57,729.17 None
None 866,036.01
None None 300,000.00 200,000.00 206,864.81 319,616.84

Total Assets.................$ 16,227,261.37

Total Liabilities...............S 16,227,261.37

- - - - - - - - - - - -- - - --'----

18

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$. 1,209,741.10

United States Government obliga-

tions, direct and guaranteed . . . 1,387,153.00

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 1,144,810.22

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 1,449,900.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

15,000.00

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . . . 4,840,827.03

Bank premises, furniture and fixtures,

and other assets representing bank

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

69,095.73

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

41,896.27

Total Assets.................$ 10,158,423.35

LIABILITIES

Demand deposits................$ 4,055,565.65

Time and savings deposits........ 3,390,397.93

Deposits of U.S. Government.... 257,460.25

Dep<?!t of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . . . . 1,342,743.94

Deposits of banks............... . 173,781.49

Certified and officers' checks, etc.. .

51,446.76

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ 285,756.15

Capital notes and debentures...... .

None

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

None

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

Surplus....................... 300,000.00

Undivided profits............... 101,271.18

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

None

Total Liabilities...........$10,1 58,423.35

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed .....
Obliga!i?~s of States and political SUbdiVJSIOnS.................. .
Securities of Federal agencies and
t~~o~~~~~s.. ~~~ ..g.u~~~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................... .

386,235.37 1,052,473.00
281,777.06
75,004.67 None
1,104,632.56
17,153.55 None None None

Total Assets.................$ 2,917,276.21

LIABILITIES

Demand deposits................$ 1,241,859.68

Time and savings deposits....... 1,049,405.18

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

16,514.23

Dep<?s!ts of States and political subdJVJSJons. . . . . . . . . . . . . . . . . . . .
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...................... .

242,001.93 None
3,525.20 None
None 13,691.00
None None 90,000.00 110,000.00 150,278.99 None

Total Liabilities..............$ 2,917,276.21

FORTY-NINTH ANNUAL REPORT

19

STATEMENT Showing condition at the close of business December 31, 1968, of

BAXLEY STATE BANK Baxley (Appling), Ga.

As called for by the Superintendent of Banks

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

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

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
cuo.srp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.a.nt.e.e.d. .b.y.
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................$

1,226,578.30 1,095,197.07
616,796.11
382,107.39 None
3,916,902.98
142,592.06 17,925.10 None 2,606.75
7 ,400,705.76

LIABILITIES
Demand deposits............$ Time and savings deposits.... Deposits of U.S. Government...... . Dep<?s!ts of States and political sub-
dtv1Sions. . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . .

3,688,055.98 2,084,362.10
70,958.58
775,557.86 28,314.66 42,686.92 None
None 77,259.08
None None 150,000.00 200,000.00 75,000.00 208,510.58

Total Liabilities.............$ 7,400,705.76

STATEMENT Showing condition at the close of business December 31, 1968, of
PEOPLES STATE BANK Baxley (Appling), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ..... .
Obliga!ic;>l!S of States and political SUbdtVlSlOnS. . ................
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. .b.y.
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................... .

265,651.57 787,124.00
None
100,000.00 None
1,751,510.98
40,380.05 None
10,025.00 None

Total Assets..............$ 2,954,691.60

LIABILITIES
Demand deposits......$ Time and savings deposits...... Deposits of U.S. Government...... Dep<?s!ts of States and political sub-
dtvtStons . . . . . . . . . . . . . . . . Deposits of banks.......... Certified &nd 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.....................

751,079.24 1,344,371.72
212,183.05
282,279.59 35,789.09 29,535.64 None
10,025.00 None None None
100,000.00 75,000.00 89,022.27 25,406.00

Total Liabilities...............$ 2,954,691.60

20

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BLACKSHEAR BANK Blackshear (Pierce), Ga.

As called for by the Superintendent of Banks

C. NEVIN BRISCOE, President.
Date ofCharter: 7-7-1892

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

ASSETS Cash, balances with other banks, and
cash items in process of collection..$ United States Government obliga-
tions, 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..............$

947,814.58 1,354,844.88
None
100,000.00 62,227.50
2,104,412.60
49,785.40 None None None
4,619,084.96

LIABILITIES

Demand deposits..........$ 1,793,482.09

Time and savings deposits...... 1,812,816.11

Deposits of U.S. Government ...... 21,118.24

Dep~s!ts of States and political sub-

dtVIStons................... 394,408.31

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

81,302.92

Certified and officers' checks, etc..

5,214.70

Other liabilities for borrowed money. 100,000.00

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............ 106,340.43

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

4,402.16

Total Liabilities..........$ 4,619,084.96

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, direct and guaranteed ..... .
Obligations of States and political subdivisions................
Securities of Federal agencies and
~r.~~t~~~s.. ~~~ ..g~~~~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. . ................. .

668,922.18 1,182,842.29
581,950.27
None None 3,036,492.05
213,000.00 None None None

Total Assets................$ 5,683,206.79

LIABILITIES

Demand deposits...............$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep~s!ts of States and political sub-

2,093,570.65 2,548,922.14
37,634.88

dtVJStons . . . . . . . . . . . . . . . . . . . Deposits of banks............... Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac-

330,067.03 68,485.50 9,564.71 None

count of this bank and outstand-

ing . . . . . . . . . . . . . . . . . . . . . . . Other liabilities................ Capital notes and debentures...... Preferred stock................ Common stock................. . Surplus....................... . Undivided profits............... . Reserves . . . . . . . . . . . . . . . . . . . . . .

None None None None 200,000.00 250,000.00 144,961.88 None

Total Liabilities..............$ 5,683,206.79

FORTY-NINTH ANNUAL REPORT

21

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed ....
Obliga~i~J!S of States and political SubdiVISIOnS . . . . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n .t e.e.d. .b.y.
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.............

551,316.95 855,096.25 564,950.71
299,906.25 None
2,391,449.76
36,952.04 28,808.22
None 2,194.33

Total Assets..............$ 4,730,674.51

LIABILITIES

Demand deposits.............$ 1,823,315.52

Time and savings deposits........ 2,000,826.14

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

35,425.51

De~S!ts of States and political sub-

dJVJSJons.................... 441,177.93

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

None

Certified and officers' checks, etc...

25,137.94

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

56,258.02

Capital notes and debentures.....

None

Preferred stock........

None

Common stock............... 100,000.00

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

Undivided profits............... 148,533.45

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

None

Total Liabilities........$ 4,730,674.51

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF EARLY Blakely (Early), Ga.

As called for by the Superintendent of Banks

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

RALPH B. SMITH, Cashier.
Began Business: 4-28-1941

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,080,385.32

United States Government obliga-

tions, direct and guaranteed ..... . 912,442.53

Obliga~i~J!S of States and political

SUbdiVISIOnS............... 444,579.07

Securities of Federal agencies and

~1."~~t~~~s.. ~~~ ..g~~~~t~~~. -~~ 225,093.75

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

1.00

Loans and discounts, including over-

drafts....................... . 2,432,818.11

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 145,286.75

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding........ .

None

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

1,088.01

Total Assets.................$ 5,241,695.54

LIABILITIES

Demand deposits.............$ 2,015,482.95

Time and savings deposits........ . 2,005,594.80

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

56,774.83

Dep'!s!ts of States and political subdiVISIOns................. 719,975.00

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

None

Certified end officers' checks, etc...

37,332.51

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None 46,412.85

Capital notes and debentures...... .

None

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

None

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

150,000.00 150,000.00

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

60,122.60

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

None

Total Liabilities..............$ 5,241,695.54

22

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 1,240,038.08

United States Government obliga-

tions, direct and guaranteed ... 1,271,043.55

Obligations of States and political

subdivisions.............. 862,250.80

Securities of Federal agencies and

corporations not guaranteed by

u.s........ ....... .

1.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

75,000.00

Loans and discounts, including over-

drafts...................... 3,386,479.30

Bank premises, furniture and fixtures,

and other auets representing bank

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

13,882.88

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........

None

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

1.00

Total Assets................$ 6,848,696.61

LIABILITIES

Demand deposits........$ 2,703,804.78

Time and savings deposits.... 2,428,702.70

Deposits of U.S. Government....

39,339.51

Dep'?s!ts of States and political sub-

dlvtslons................... 820,685.40

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

5,595.73

Certified and officers' checks, etc...

27,255.95

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 108,766.36

Capital notes and debentures...... .

None

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

None

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

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

Undivided profits.......... 223,597.33

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

90,948.85

Total Liabilities..........$ 6,848,696.61

STATEMENT Showing condition at the close of business December 31, 1968, 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

MRS. ANNABELLE SOWERS, Cashier.
Began Business: 6-6-1916

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
cuo.rsp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.a.n.te.e.d. .b.y.
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...................

1,433,086.78 2,697,691.20
547,704.84
499,850.00 None
3,258,653. 71
48,000.00 None None None

Total Assets................$ 8,484,986.53

LIABILITIES

Demand deposits............$ 2,820,257.14

Time and savings deposits........ 4,327,007.55

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

54,133.32

Dep'?~ts of States and political sub-

diVISIOns................. 584,100.26

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

None

Certified and officers' checks, etc...

10,126.03

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ . 112,005.61

Capital notes and debentures...... .

None

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

None

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

200,000.00 200,000.00

Undivided profits............... 162,356.62

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

15,000.00

Total Liabilities.............$ 8,484,986.53

FORTY-NINTH ANNUAL REPORT

23

STATEMENT

Showin~ condition at the close of business December 31, 1968, of

PEOPLES BANKING COMPANY Boston (Thomas), Ga.

As called for by the Superintendent of Banks

J.E. CROMARTIE, President.
Date of Charter: 1-29-1947

FAYE L. PEEPLES, Cashier.
Began Business: 4-1-1947

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 subdtvJStons. . . . . . . . . . . . . . . .
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.
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 acceptances outstanding. . . . .
Other assets. . . . . . . . . . . . . . .

123,132.65 198,368.00
None
179,850.00 None
490,902.87
18,941.99 None None
3,163.78

Total Assets.........$ 1,014,359.29

LIABILITIES
Demand deposits...........$ Time and savings deposits. . ...... . Deposits of U.S. Government...... Dep'?s!ts of States and political sub-
dtVIStons. . . . . . . . . . . . . . . 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.........

543,373.11 316,708.01
15,080.21
36,912.11 None
268.67 None
None None None None 25,000.00 50,000.00 27,017.18 None

Total Liabilities...........$ 1,014,359.29

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE COMMERCIAL BANK Bowden (Carroll), Ga.

As called for by the Superintendent of Banks

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

W.A. BOWMAN, JR., Cashier.
Began Business: 9-22-1926

ASSETS

Cash, balances with other banks, and cash items in process of collection..$ 1,170,206.19

United States Government obligations, direct and guaranteed .... 2,429,441.64

Obliga~i~~s of States and political SUbdJVISJOnS . . . . . . . . . . . . . . . . . .

801,293.09

Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ ..g.u~~~t.e~~. -~~ 700,000.00

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

None

Loans and discounts, including overdrafts....................... 4,146,562.14

Bank premises, furniture and fixtures,

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

27,000.00

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

23,800.00

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

None 4.008.36

LIABILITIES

Demand deposits.............$ 4,286,063.98

Time and savings deposits...... 3,001,313.84

Deposits of U.S. Government...... . 181,579.19

Dep<?s!ts of States and political sub-

dtVIStons....... 895,648.93

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

None

Certified ::nd officers' checks, etc...

None

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities." ............... . 338,149.94

Capital notes and debentures.... Preferred stock................. Common stock.............. Surplus. . . . . . . . . . . . . . . . . . . Undivided profits.............. Reserves. . . . . . . . . . . . .J

None None 150,000.00 150,000.00 199,555.54 100,000.00

Total Assets...............$ 9,302.311.42

Total Liabilities............$ 9,302,311.42

24

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

BOWMAN STATE BANK 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 cash items in process of collection.$
United States Government obligations, direct and guaranteed . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . . . .
Securities of Federal agencies and
t~~o~~t~~~s.. ~~~ g~~~~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 owued other than bank premises. . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . . . . . . . .
Other assets. . . . . . . . . . . . . . .

185,514.76 488,576.91
None
None None 412,953.25
25,235.29 None None
964.17

Total Assets..............$ 1,113,244.38

LIABILITIES
Demand deposits.........$ Time and savings deposits...... Deposits of U.S. Government...... DepC!s!ts 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 outstanding. . . . . . . . . . . . . . . . . . . . . . . Other liabilities................ . Capital notes and debentures...... Preferred stock.............. Common stock................ Surplus................... Undivided profits.............. Reserves. . . . . . . . . . . . . . . . . . .

328,111.92 483,677.56
2,318.32 187,647.94
None None None
None None None None 75,000.00 15,000.00 21,238.64 250.00

Total Liabilities.............$ 1,113,244.38

STATEMENT Showing condition at the close of business December 31, 1968, 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 obligations, direct and guaranteed .....
Obliga~i<;>~s of States and political subdiVISIOnS. . . . . . . . . . . . . . . . .
Securities of Federal agencies and
t~~o~~t~~~~ . ~~~ . gu~~~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...................

279,289.52 406,000.00
39,727.40
None None 564,385.92
10,459.50 None None
540.00

Total Assets................$ 1,300,402.34

LIABILITIES
Demand deposits..............$ Time and savings deposits........ . Deposits of U.S. Government...... . DepC!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. . . . . . . . . . . . . . . . . . . . . .

761,297.95 None
1,082.29 330,139.72
None 9,045.10
None
None 9,836.31
None None 25,000.00 125,000.00 33,923.10 5,077.87

Total Liabilities..............$ 1,300,402.34

FORTY-NINTH ANNUAL REPORT

25

STATEMENT

Showing condition at the close of business December 31, 1968, of

COMMERCIAL & EXCHANGE BANK Bremen (Haralson), Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 3,240,154.96

United States Government obliga-

tions, direct and guaranteed . . . 2,032,353.13

Obligations of States and political

subdivisions. . . . . . . . . . . . . 790,108.21

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. 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 3,181,465.02

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 204,740.87

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

67,366.33

Total Assets...............$ 9,716,188.52

LIABILITIES

Demand deposits.........$ 6,118,548.58

Time and savings deposits. . ...... 2,223,967.35

Deposits of U.S. Government....

61,336.87

Dep<?s!ts of States and political sub-

diVISions............... 391,180.70

Deposits of banks......... 113,597.21

Certified and officers' checks, etc...

29,750.63

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

21,324.25

Capital notes and debentures.....

None

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

None

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

Surplus................. 300,000.00

Undivided profits............. 256,482.93

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

None

Total Liabilities.......$ 9,716,188.52

STATEMENT

Showing condition at the close of business December 31, 1968, 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

BILLY G. TYSON, Cashier.
Began Business: 2-17-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 453,056.65

United States Government obliga-

tions, direct and guaranteed ..... . 916,151.54

Obliga~i;~~s of States and political SUbdiVISIOnS . . . . . . . . . . . . . . . . . .

25,000.00

Securities of Federal agencies and

u~r.~~t~~~s- . ~~~ ..g.u~~~t~~~ .~~ 370,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 1,287,813.90

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 124,899.05

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

1,729.85

LIABILITIES

Demand deposits............$ 1,332,401.86

Time and savings deposits. . . . . . . . . 1,368,313.86

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

5,529.82

Dep<?s!ts of States and political subdiVISions. . . . . . . . . . . . . . . . . . . . 110,632.39

Deposits of banks...............
Certified :nd officers' checks. etc... Other liabilities for borrowed money.

None 14,724.36
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 None None None 50,000.00 200,000.00 67,048.70 30,000.00

Total Assets.................$ 3,178,650.99

Total Liabilities..............S 3,178,650.99

26

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 9-1-1966

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obliga tions, direct and guaranteed ....
Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n .t e.e.d. .b.y.
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 acceptances outstanding........
Other assets.................

191,676.21 434,118.14
None
None None 647,057.34
8,981.94 None None
1,514.28

Total Assets..............$ 1,283,347.91

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

488,054.24 419,128.81
5,692.43 244,603.54
None 1,686.28
None
None None None None 50,000.00 50,000.00 21,986.78 2,195.83

Total Liabilities........$ 1,283,347.91

STATEMENT Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 746,911.96

United States Government obliga-

tions, direct and guaranteed ..... 1,218,886.02

Obligations of States and political

subdivisions................ 300,856.78

Securities of Federal agencies and

corporations not guaranteed by

u.s.................... 374,850.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts....................... 1,876,730.65

Bank premises, furniture and fixtures,

and other assets representing bank

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

38,333.88

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

1,894.67

LIABILITIES

Demand deposits................$ 2,414,389.40

Time and savings deposits..... 1,401,760.09

Deposits of U.S. Government...... . 46,147.84

Dep~s!ts of States and political sub

diVISIOnS

319,186.91

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

15,000.00

Certified and officers' checks, etc.. .

14,755.07

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................. . 40,000.00

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

Undivided profits............... . 100,000.00

Reserves...................... . 107,224.65

Total Assets...............$ 4,558,463.96

Total Liabilities..............$ 4,558,463.96

FORTY-NINTH ANNUAL REPORT

27

STATEMENT

Showing condition at the close of business December 31, 1968, of

BUENA VISTA LOAN & SAVINGS BANK Buena Vista (Marion), Ga.

As called for by the Superintendent of Banks

CLARKE W. DUNCAN, President.
Date ofCharter: 9-22-1887

ARTHUR D. LOWE, Cashier.
Began Business: 9-1-1889

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 742,611.69

United States Government obliga

tions, direct and guaranteed . . 823,416.18

Obliga!i<_>'!s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . . . 508,035.56

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...... . . . . . . . . . . . . . . . . . 2,533,146.32

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 29,954.96

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

221.70

Total Assets............$ 4,862,386.41

LIABILITIES

Demand deposits............$ 1,768,993.17

Time and savings deposits..... 1,615,033.01

Deposits of U.S. Government...... 46,955.00

Dep<?s!ts of States and political sub-

diVISions.................... 712,001.68

Deposits of banks.............. 60,000.00

Certified and officers' checks, etc...

52,447.90

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ 153,021.02

Capital notes and debentures...... .

None

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

None

Common stock................ 50,000.00

Surplus.................. 400,000.00

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

3,934.63

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

None

Total Liabilities...............$ 4,862,386.41

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 1,038,188.33

United States Government obligations, direct and guaranteed ..... . 2,613,769.18

Obliga!i<_>'!S of States and political SubdiVISIOnS............... 440,864.12

Securities of Federal agencies and

u~1.o~~t~~~s- . ~~~ ..g.u~~~t~~~..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 5,025,348.50

Bank premises, furniture and fixtures,

and other assets representing bank

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

36,734.06

Real estate owned other than bank

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

1.00

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

None

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

5,489.43

LIABILITIES

Demand deposits.............$ 3,516,883.36

Time and savings deposits........ . 3,365,503.73

Deposits of U.S. Government..... 75,593.66

Dep<?s!ts of States and political sub-

diVISIOns................. 1,482,013.42

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

None

Certified ::nd officers' checks, etc... 35,157.79

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities.. ; ............. . 214,698.58

Capital notes and debentures...... .

None

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

None

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

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

Undivided profits............ 70,545.08

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

None

Total Assets.................$ 9,160,394.62

Total Liabilities...............$ 9,160,394.62

---'-----------------.

28

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 9-4-1926

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 875,709.08

United States Government obliga-

tions, direct and guaranteed . . 547,983.61

0~~~~:!?s~~n~f..s.t~~~s. ~~~- ~~~i~~~~ 604,934.21

Securities of Federal agencies and

t~1.0~~t~~~~ . ~~~ .g~~~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts....................... 2,461,983.31

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 25,729.73

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . . . . . . 10,197.89

C~~~~~t':.'~~e~a!~~!fa~di~;.i~ ~~~~ -~~

None

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

None

Total Assets................$ 4,826,537.83

LIABILITIES

Demand deposits..............$ 1,813,225.78

Time and savings deposits........ 1,933,309.39

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

20,680.18

Dep<?s!ts of States and political sub-

dtvJSJons.................... 495,754.41

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

None

Certified and officers' checks, etc..

16,473.09

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ 118,855.44

Capital notes and debentures...... .

None

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

None

Common stock................. 100,000.00

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

Undivided profits............... 128,239.54

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

None

Total Liabilities.............$ 4,826,537.83

STATEMENT Showing condition at the close of business December 31, 1968, of
BANK OF BYROMVILLE Byromville (Dooly), Ga.

As called for by the Superintendent of Banks

O.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 obligations, direct and guaranteed ..... .
Obliga~i~~s of States and political subdtVISIOnS.................. .
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 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 acceptances outstanding........ .
Other assets................... .

237,112.73 480,615.61
9,668.98
300,000.00 None
415,764.46
17,447.83 None None
568.75

Total Assets.................$ 1,461,178.36

LIABILITIES
Demand deposits...............$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep<?s!ts of States and political sub
dtVJSIOns. . . . . . . . . . . . . . . . . . . . . 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...................... .

717,844.27 553,211.59
580.51
58,258.50 None
602.92 None
None 13,544.01
None None 30,000.00 50,000.00 37,136.56 None

Total Liabilities...............$ 1,461,178.36

FORTY-NINTH ANNUAL REPORT

29

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF BYRON Byron (Peach), Ga.

As called for by the Superintendent of Banks

H.W. PEAVY, SR., President.
Date of Charter: 10-30-1962

H.W. PEAVY, JR., Cashier.
Began Business: 2-4-1963

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed . . . . .
Obliga~i~>I!S of States and political SUbdiVISIOnS........... , ..... , .
Securities of Federal agencies and
t~~o~~t~~~~. ~~~ ..g~~~~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. . . . . . . . . . . . . . . . . . . .

279,388.13 300,038.32
17,572.94
189,900.00 None
894,780.66
27,7 57.89 None None
5,399.35

Total Assets.................$ 1,714,837.29

LIABILITIES
Demand deposits...........$ Time and savings deposits........ . Deposits of U.S. Government...... Dep~s!ts of States and political sub-
dJVJSJons. . . . . . . . . . . . . . . . . . . . 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..................... ..

499,606.48 779,881.64
5,191.34
184,935.92 None
23,653.76 None
None 62,573.86
None None 50,000.00 75,000.00 33,994.29 None

Total Liabilities..............$ 1,714,837.29

STATEMENT Showing condition at the close of business December 31, 1968, of

CAIRO BANKING COMPANY Cairo (Grady), Ga.

As called for by the Superintendent of Banks

T.R. HESTER, President.
Date ofCharter: 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..$ 1,263,218.05

United States Government obligations, direct and guaranteed ..... . 1,922,447.43

Obliga~i?'!S of States and political SUbdiVISIOnS.................. .

934,383.66

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 overdrafts....................... . 5,538,895.67

Bank premises, furniture and fixtures,

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

191,122.44

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

None

Customers' liability to this bank nn

acceptances outstanding........ . Other assets................... .

None 4,623.20

Total Assets.................$ 9,854,690.45 - - - - - - - - - - ---- --~- - - -- - - - -

LIABILITIES

Demand deposits...............$ 4,325,408.70

Time and savings deposits........ . 4,074,979.64

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

66,183.37

Deposits of States and political sub-

divisions................... .. 486,594.29

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

None

Certified ~nd officers' checks, etc.. .

19,686.23

Other liabilities for borrowed money.

None

Acceptances exe.uted by or for ac-

count of this bank and outstand

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

None

Other liabilities................ . 90,143.07

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 300,000.00

Undivided profits............... . 291,695.15

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

None

Total Liabilities...............$ 9,854,690.45

30

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

CITIZENS BANK Cairo (Grady), Ga.

As called for by the Superintendent of Banks

J.C. MINTER, President.
Date of Charter: 12-3-1903

LUCILLE S. MAXWELL, Cashier.
Began Business: 1-1-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 865,482.10

United States Government obliga-

tions, direct and guaranteed . . . . . 1,700,526.25

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 230,867.55

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. 450,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts.. . . . . . . . . . . . . . . . . . . . . . . 2,089,682.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 75,170.84

Real estate owued other than bank

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

2.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

2,782.04

Total Assets................$ 5,414,513.70

LIABILITIES

Demand deposits..............$ 2,274,382.08

Time and savings deposits. . . . . . . . . 1,874,996.65

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

64,669.66

Dep~s!ts of States and political sub-

daVJsJons .......... 753,931.75

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

57,341.58

Certified and officers' checks, etc.. .

29,023.34

Other liabilioies for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

5,498.66

Capital notes and debentures...... .

None

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

None

Common stock................. . 100,000.00

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

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

54,669.98

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

None

Total Liabilities..............$ 5,414,513.70

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 1-2-1890

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 850,790.64

United States Government obliga-

tions, direct and guaranteed . . . . . . 1,367,224.31

Obliga~i?~s of States and political

subdiVISIOnS. . . . . . . . . . . . . . . . . . . 1,057,185.10

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. 75,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 3,195,100.43

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 44,935.01

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets................$ 6,590.236.49

LIABILITIES

Demand deposits................$ 2,464,575.15

Time and savings deposits. . . . . . . . . 2,645,028.25

Deposits of U.S. Government. . . . . . . 26,639.66

Dep~s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . . . . . 835,866.13

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

10,500.00

Certified and officers' checks, etc... 51,652.39

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....................... . 275,000.00

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

69,789.60

Reserves...................... 111,185.31

Total Liabilities.............$ 6,590,236.49

FORTY-NINTH ANNUAL REPORT

31

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 1,183,012.68

United States Government obligations, direct and guaranteed ..... 1,761,022.50

Obliga!i~'!s of States and political SubdJVISJOns.................. .

1,511,412.00

Securities of Federal agencies and

cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n .t e.e.d. .b.y.

None

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

None

Loans and discounts, including overdrafts....................... .

5,068,331.81

Bank premises, furniture and fixtures,

and other assets representing bank premises.................... . 150,650.84

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........

None

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

None

Total Assets...............$ 9,674,429.83

LIABILITIES

Demand deposits................$ 3,210,208.98

Time and savings deposits........ . 4,384,041.31

Deposits of U.S. Government...... . 542,078.09

Dep<?s!ts of States and political sub-

dtvtsJons. ................... . 797,741.95

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

None

Certified and officers' checks, etc... 117,374.65

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

34,457.75

Capital notes and debentures...... .

None

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

None

Common stock................. 250,000.00

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

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

88,527.10

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

None

Total Liabilities...............$ 9,674,429.83

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF CANTON Canton (Cherokee), Ga.

As called for by the Superintendent of Banks

E.O. McFATHER, President.
Date of Charter: 11-17-1892

MARY JANE WHITMIRE, Cashier.
Began Business: 12-18-1892

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1 133 342.48

United States Government obliga-

tions, direct and guaranteed ..... . 2,945,533.12

Obligations of States and political

subdivisions.................. . 2,010,643.65

Securities of Federal agencies and

cuo.srp.o.r.a.ti.o.n.s..n.o.t..g.u.a.r.a.n.te.e.d..b.y. 527,843.75

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts...................... .. 5,680,052.16

Bank premises, furniture and fixtures,

and other assets representing bank

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

95,341.94

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

5,053.25

Total Assets... ; ............$12,397,810.35

LIABILITIES

Demand deposits................$ 4,254,123.51

Time and savings deposits........ . 5,529,038.06

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

48,127.17

Dep<?s!ts of States and political sub-

dtvtstons. ................... . 688,207.57

Deposits of banks............... . 116,638.31

Certified ~nd officers' checks, etc.. .

84,996.54

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ . 542,245.83

Capital notes and debentures...... .

None

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

None

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

Surplus....................... 600,000.00

Undivided profits............... 134,433.36

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

None

Total Liabilities.............$12,397,810.35

32

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

ETOWAH BANK Canton (Cherokee), Ga.

As called for by the Superintendent of Banks

H.G. VANDIVIERE, President.
Date of Charter: l-22-1927

HOLLIS Q. LATHEM, Cashier.
Began Business: l-29-1927

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,361,297.34

United States Government obliga-

tions, direct and guaranteed . . . . 2,070,289.83

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 1,465,840.79

Securities of Federal agencies and

cuo.rsp.o.r.a.ti.o.n.s ..n.o.t -.g.u.a.ra.n.t.ee. d. . .b.y. 799,990.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . 5,940,392.86

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 247,756.41

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

3,882.60

Total Assets.................$11,889,449.83

LIABILITIES

Demand deposits...........$ 3,943,221.38

Time and savings deposits. . . . . . . . 5,808,110.35

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

58,842.29

Dep<?s!ts of States and political subdiVISIOns. . . . . . . , ............ . 611,131.02

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

73,247.76

Certified and officers' checks, etc...

18,943.07

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ Capital notes and debentures...... .

91,293.16 None

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

None

Common stock................. 250,000.00

Surplus..................... 900,000.00

Undivided profits............... 134,660.80

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

None

Total Liabilities...........$11,889,449.83

STATEMENT Showing condition at the close of business December 31, 1968, 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.
Began Business: 8-l-1960

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 468,673.80

United States Government obliga-

tions, direct and guaranteed . . . . . . 501,004.77

Obliga~i~'!s of States and political

subdiVISIOnS. . . . . . . . . . . . . . . . . . . 206,635.90

Securities of Federal agencies and

cuo.rsp. o.ra.ti.o.n.s. . n. .o.t . .g.u.a.ra.n.t.e.ed. . .b.y. 650,078.13

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . . 1 ,436,430.50

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 42,858.75

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

1,066.68

LIABILITIES

Demand deposits................$ 1,306,127.99

Time and savings deposits....... 1,375,043.47

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

19,076.86

Dep<?s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . , . , 287,310.44

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

None

Certified and officers' checks, etc.. .

48,497.30

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

29,475.18

Capital notes and debentures...... .

None

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

None

Common stock................. .

50,000.00

Surplus....................... . 75,000.00

Undivided profits............... 116,217.29

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

None

Total Assets.................$ 3.306.748.53

Total Liabilities...............$ 3,306,748.53

-------------------------------L-----------------------------

FORTY-NINTH ANNUAL REPORT

33

STATEMENT

Showing condition at the close of business December 31, 1968, 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

Cash, balances with other banks, and

cash items in process of coUection..$ 4,207,670.71

United States Government obliga-

tions, direct and guaranteed . . . . . 3,080,994.46

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 1,046,156.29

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. 298,781.36

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 7,029,797.26

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 169,367.61

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets...............$15,832,767.69

LIABILITIES

Demand deposits................$10,774,660.53

Time and savings deposits. . . . . . . . . 1,916,076.50

Deposits of U.S. Government... . . . 629,535.29

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

diVISIOns. . . . . . . . . . . . . . . . . . . .. 975,900.37

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

29,123.96

Certified and officers' checks, etc...

6,493.54

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

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

None

Other liabilities............. 419,866.53

Capital notes and debentures.....

None

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

None

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

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

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

50,000.00

Reserves.................. 631,110.97

Total Liabilities...............$15,832,767.69

STATEMENT Showing condition at the close of business December 31, 1968, of

THE CARTERSVILLE BANK Cartersville (Bartow), Ga.

As called for by the Superintendent of Banks

JOHNS. NEWMAN, President.
Date of Charter: 12-20-1947

HUGH I. JACKSON, Cashier.
Began Business: 11-19-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,192,259.07

United States Government obliga-

tions, direct and guaranteed ..... . 1,966,354.74

Obliga~i'.'~s of States and political

SUbdiVISIOnS.................. . 717,754.70

Securities of Federal agencies and

u~?.'~~t~~~~ . ~~~ ..g.u~~~t~~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over

drafts....................... . 3,598,000.64

Bank premises, furniture and fixtures,

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

129,917.49

Real estate owned other than bank

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

None

Customers' liability to this hank on

acceptances outstanding........ .

None

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

28,087.55

Total Assets.................$ 7,632,374.19

LIABILITIES

Demand deposits...............$ 3,304,844.29

Time and savings deposits........ . 2,664,196.12

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

41.514.29

Deposits of States and political sub

divisions.................... . 786,313.67

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

None

Certified ::nd officers' checks, etc.. .

24,620.35

Other liabilities for borrowed money.

None

Acceptances exe.uted by or for ac

count of this bank and outstand

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

None

Other liabilities................ 343,613.99

Capital notes and debentures...... .

None

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

None

Common stock................. . 100,000.00

Surplus....................... . 313,000.00

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

44,271.48

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

10,000.00

Total Liahilities...............S 7,632,374.19 -----------------

34

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

JAMES D. MINIX, Cashier.
Began Business: 6-15-1967

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 owued other than bank premises. . . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . . . . . . .
Other assets. . . . . . . . . . . . . . . . . . .
Total Assets................$

149,935.22 205,599.50
None
None None 385,442.43
39,292.38 None None
709.67 780,979.20

LIABILITIES
Demand deposits..............$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep<?s!ts of States and political sub-
dtvJSlons.................... . 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..................... ..

283,081.19 334,029.35
5,015.97
48,247.24 None
7,542.45 None
None None None None 50,000.00 35,000.00 17,663.00 400.00

Total Liabilities.............$ 780,979.20

STATEMENT Showing condition at the close of business December 31, 1968, of

PEACHTREE BANK AND TRUST COMPANY Chamblee (DeKalb), Ga.

As called for by the Superintendent of Banks

CHARLES B. GIN DEN, President.
Date of Charter: 3-17-1960

W.R. WATKINS, Cashier.
Began Business: 5-6-1960

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,448,951.14

United States Government obliga-

tions, direct and guaranteed . . . . . . 1,856,643.17

Obliga!i~~s of States and political

subdtVISIOnS. , . , ........ , . . . . . 1,558,392.26

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. 899,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . . . . 7,886,404.05

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 208,616.70

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

97,771.14

Total Assets.................$13,956,684.71

LIABILITIES

Demand deposits...............$ 6,291,499.35

Time and savings deposits. . . . . . . . . 4,462,912 .62

Deposits of U.S. Government. . . . . . . 620,626.95

Dep<?s!ts of States and political sub

dtVISIOnS. . . . . . . . . . . . . . . . . . . . . 1,021,864.23

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

None

Certified and officers' checks, etc.. . 180,091.13

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other liabilities................ . 483,381.48

Capital notes and debentures...... .

None

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

None

Common stock................. . 210,000.00

Surplus....................... . 440,000.00

Undivided profits............... 246,308.95

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

None

Total Liabilities...............$13,956,684.71

FORTY-NINTH ANNUAL REPORT

35

STATEMENT

Showing condition at the close of business December 31, 1968, of

COHUTTA BANKING COMPANY Chatsworth (Murray), Ga.

As called for by the Superintendent of Banks

R.E. CHAMBERS, President.
Date ofCharter: 7-17-1905

FRANCES HEARTSELL, Cashier.
Began Business: 1-24-1906

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 712,139.10

United States Government obliga-

tions, direct and guaranteed . . . . . 3,056,962.63

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 576,993.56

Securities of Federal agencies and

corporations not guaranteed by

u.s.

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

699,612.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 2,482,134.18

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 74,794.90

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

None

Total Assets..............$ 7,602,636.87

LIABILITIES

Demand deposits..............$ 3,409,217.19

Time and savings deposits....... 2,847,198.39

Deposits of U.S. Government...... . 203,285.48

Dep<?s!ts of States and political sub-

dtVJstons. . . . . . . . . . . . . . . . . . . . . 539,325.23

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

None

Certified and officers' checks, etc.. .

21,967.94

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............. 45,446.28

Capital notes and debentures.....

None

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

None

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

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

Undivided profits............ 45,000.00

Reserves..................... 41,196.36

Total Liabilities............$ 7,602,636.87

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, direct and guaranteed ..... .
Obliga~i~"!s of States and political SubdtVISIOnS................. , ,
Securities of Federal agencies and
t~1.o~~t~~~s- . ~~~ ..g.u~~~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..................
Total Assets. . . . .............$

381,919.94 74,960.94 None
55,000.00 None
377,541.92
16,658.91 None

LIABILITIES
Demand deposits.............$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep<?s!ts of States and political sub-
dtVJStons.................... . Deposits of banks............. Certified ::nd 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. ..................... .

415,710.92 288,196.46
None
91,140.46 None
2,480.25 None
None 11,466.18
None None 50,000.00 25,000.00 23,592.92 None

None 1,505.48

907,587.19

Total Liabilities...............$ 907,587.19

----'-----------------------

36

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$ 791,164.53

United States Government obliga-

tions, direct and guaranteed . . . . 2,129,822.14

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 966,056.53

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. 349,687.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 1,952,184.84

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . 56,132.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

None

Total Assets................$ 6,245,047.54

LIABILITIES

Demand deposits.........$ 2,014,518.67

Time and savings deposits. . . . . . 2,945,215.27

Deposits of U.S. Government....... 213,296.23

DepC?s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . . . . 564,077.03

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

None

Certified and officers' checks, etc...

14,807.87

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

16,514.62

Capital notes and debentures...... .

None

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

None

Common stock................. . 100,000.00

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

Undivided profits. . . ............ . 116,617.85

Reserves.................. 60,000.00

Total Liabilities............$ 6,245,047.54

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 437,596.73

United States Government obliga-

tions, direct and guaranteed . . . . . . 1,315,862.89

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 393,773.02

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. 300,035.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 3,151,381.36

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 210,835.24

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

None

Total Assets................$ 5,809,484.24

LIABILITIES

Demand deposits..............$ 2,627,568.91

Time and savings deposits. . . . . . . . 2,326,176.59

Deposits of U.S. Government. . . . . . . 66,579.59

Dep'!s!ts of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . . . 121,785.03

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

None

Certified and officers' checks, etc.. . 32,004.32

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................. . 125,000.00

Surplus....................... . 375,000.00

Undivided profits............... . 80,369.80

Reserves...................... . 55,000.00

Total Liabilities..............$ 5,809,484.24

FORTY-NINTH ANNUAL REPORT

37

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE CLAXTON BANK Qaxton (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 process of collection.$ 826,983.23

United States Government obliga-

tions, direct and guaranteed . 1,050,945.73

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 1,621,209.20

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 499,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts...... . . . . . . . . . . . . . . 3,525,506.99

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 236,252.40

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

3,267.78

Total Assets................$ 7,764,071.58

LIABILITIES

Demand deposits..........$ 2,725,070.77

Time and savings deposits....... 3,018,234.17

Deposits of U.S. Government...... 203,708.68

Dep<?s!ts of States and political sub

diVISIOnS 1,003,573.90

Deposits of banks.......

25,000.00

Certified and officers' checks, etc...

60,031.19

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

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

None

Other liabilities................ 118,806.67

Capital notes and debentures...

None

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

None

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

Surplus....................... 400,000.00

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

9,646.20

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

None

Total Liabilities............$ 7,764,071.58

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$ 548,680.53

United States Government obliga

tions, direct and guaranteed . . . . . . 872,090.08

Obliga!i~'!s of States and political

SUbdiVISIOnS. 648,632.60

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. 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . . . . 2,788,662.26

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 34,775.62

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

LIABILITIES

Demand deposits..............$ 1,883,449.95

Time and savings deposits........ . 2,320,615.40

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

19,683.68

Dep<?s!ts of States and political sub

diVISIOnS

132,682.88

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

2,000.00

Certified end officers' checks, etc...

50,819.35

Other liabilities for borrowed money.

43,495.84

Acceptances exe~uted by or for ac

count of this bank and outstand-

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

None

Other liabilities................ . 117,346.67

Capital notes and debentures...... . Preferred stock................. .
Common stock................. Surplus. . . . . . . . . . . . . . . . . . . . . . . Undivided profits............... Reserves...................... .

None None 270,000.00 100,000.00
52,748.32 None

Total Assets................$ 4,992,842.09

Total Liabilities..............S 4,992,842.09

----- --'---- ------------

38

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 B11siness: 7-1-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 606,872.14

United States Government obliga-

tions, direct and guaranteed . . . . 1,127,612.33

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 711,926.74

Securities of Federal agencies and

cuo.srp.o.r.a.ti.o.n.s..n.o.t..g.u.a.r.a.n.te.e.d..b.y. 1,024,519.92

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts....... ,................ 4,037,295.55

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 96,722.28

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

7,966.34

LIABILITIES

Demand deposits............$ 3,068,192.66

Time and savings deposits. . . . . . . . 2,882,605.93

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

34,712.15

Dep~s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . . . . 696,828.79

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

10,000.00

Certified and officers' checks, etc.. . 38,929.94

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ 374,140.33

Capital notes and debentures...... .

None

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

None

Common stock................. 100,000.00

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

Undivided profits.............. 187,505.50

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

70,000.00

Total Assets.................$ 7,612,915.30

Total Liabilities............$ 7,612,915.30

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE PEOPLES BANK Cleveland (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..$ 621,221.62

United States Government obliga-

tions, direct and guaranteed . . . . . . 1,378,297.26

Obliga~iC?~S of States and political

subdiVISIOns. . . . . . . . . . . . . . . . . . 572,810.40

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. 125,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 4,221,259.71

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 49,075.73

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

579.11

Total Assets.................$ 6,968,244.83

LIABILITIES

Demand deposits...............$ 2,200,215.42

Time and savings deposits. . . . . . . . . 3,235,393.00

Deposits of U.S. Government... . . . . 48,749.84

Dep~s!ts of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . . .. 939,819.88

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

None

Certified and officers' checks, etc... 25,114.29

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................. . 140,000.00

Surplus....................... . 210,000.00

Undivided profits............... . 168,952.40

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

None

Total Liabilities...............$ 6,968,244.83

FORTY-NINTH ANNUAL REPORT

39

STATEMENT

Showing condition at the close of business December 31, 1968, 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

MRS. ELIZABETH ATTAWAY, Cashier.
Began Business: 7-1-1942

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 524,359.28

United States Government obliga-

tions, direct and guaranteed . . . . . 846,076.40

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 553,134.65

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. 304,859.38

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . I 00,000.00

Loans and discounts, including over-

drafts........................ 2,839,571.43

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 39,910.70

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . . 12,102.54

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

4,223.46

Total Assets..............$ 5,224,237.84

LIABILITIES

Demand deposits..............$ 1,822,236.13

Time and savings deposits. . . . . . . . 2,402,167.61

Deposits of U.S. Government....... 24,866.12

Dep~s!ts of States and political sub-

davtsaons. . . . . . . . . . . . . . . . . . . . . 594,967.77

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

None

Certified and officers' checks, etc...

5,459.33

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.................... 180,000.00

Undivided profits............... 81,744.33

Reserves..................... 22,796.55

Total Liabilities.........$ 5,224,237.84

STATEMENT Showing condition at the close of business December 31, 1968, of

STATE BANK OF COCHRAN Cochran (B1eckley), 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 collection..$ 679,300.60

United States Government obliga-

tions, direct and guaranteed ..... . 1,066,956.88

Obligations of States and political

subdivisions................ 1,753,689.46

Securities of Federal agencies and

t~1.o~~t~~~~ . ~~~ ..g.u~~~t~~~..~~ 1,082,307.81

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... 2,804,643.73

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 17,500.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

LIABILITIES

Demand deposits..............$ 2,072,862.14

Time and savings deposits....... 3,228,332.45

Deposits of U.S. Government...... . 32,434.70

Dep~s!ts of States and political sub-

davtsaons................ 1,498,308.80

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

None

Certified end officers' checks, etc...

17,124.87

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other Jia bilities. . . . ............ . 161,592.22

Capital notes and debentures...... .

None

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

None

Common stock................. 100,000.00

Surplus...................... 180,000.00

Undivided profits............... 103,743.30

Reserves..................... 10,000.00

___T_o_ ta_l _A_ss_e_ts_._ . ._._._._._ _._ . ._._._._._ . ._$_7_,_ 40_4_,_ 39_8_.4_8___L_____T_o_ta_l_L_i_ ab_il_it_ie_s._._.___._ . ._._._._ . ._._._ $ _7_ ,4_0_4_ ,3_9_ 8._48_

40

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF COLLEGE PARK College Park (Fulton), Ga.

As called for by the Superintendent of Banks

L. SCOTT WATSON,

HUGH D. THOMPSON, JR.,

President.

Cashier.

Date of Charter: 10-3-1945

Began Business: 1-7-1946

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 2,117,272.62

United States Government obliga-

tions, direct and guaranteed 1,439,831.25

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 2,378,077.96

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. 497,335.71

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . 150,000.00

Loans and discounts, including over-

drafts........ . . . . . . . . . . . . . . 4,739,136.98

Bank premises, furniture and fixtures,

and other assets representing bank

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

83,494.54

Real estate owued other than bank

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

75,000.00

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . . 122,631.15

Total Assets.............$11,602,780.21

LIABILITIES
Demand deposits........$ Time and savings deposits....... Deposits of U.S. Government..... Dep~s!ts of States and political sub-
dtVIStons. . . . . . . . . . . . . . . . . . . . . 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.....................

5,340,039.50 3,928,096.50
90,667.36
1,100,023.52 25,000.00
107,804.48 None
None 287,811.73
None None 200,000.00 300,000.00 223,337.12 None

Total Liabilities.......$11,602,780.21

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 888,163.53

United States Government obliga-

tions, direct and guaranteed . . . . . . 952,836.25

Obliga!ic;>~s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . 784,231.34

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. 1,050,457.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts.... . . . . . . . . . . . . . . . . . . . . 5,303,290.88

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 50,253.12

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

LIABILITIES

Demand deposits..............$ 3,910,058.67

Time and savings deposits. . . . . . . . . 3,475,282.73

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

32,016.95

Dep~s!ts of States and political sub-

dtVIStons. . . . . . . . . . . . . . . . . . . . . 754,787.85

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

None

Certified and officers' checks, etc...

21,972.46

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

73,136.95

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 350,000.00

Undivided profits............... . 111,976.51

Reserves...................... 100,000.00

Total Assets................$ 9,029,232.12

Total Liabilities..............$ 9,029,232.12

FORTY-NINTH ANNUAL REPORT

41

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 14,833,857.45

United States Government obliga-

tions, direct and guaranteed . . . . 9,430,775.52

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 13,523,806.43

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. 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 235,437.50

Loans and discounts, including over-

drafts...................... 52,014,819.27

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 2,207,681.86

Real estate owned other than bank

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

4,407.57

Customers' liability to this bank on

acceptances outstanding. . . . . . .

40,770.00

Other assets. . . . . . . . . . . . . . . . . 1,113,181.74

Total Assets...............$93,604,737.34

LIABILITIES

Demand deposits............$ 30,071,700.29

Time and savings deposits......... 37,095,260.39

Deposits of U.S. Government....... 205,847.13

Dep<?s!ts of States and political sub-

diVISIOns. . . . . , , ............. . 11,423,799.64

Deposits of banks............. 2,323,164.78

Certified and officers' checks, etc... 555,914.83

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

40,770.00

Other liabilities................ 3,037,656.72

Capital notes and debentures...... .

None

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

None

Common stock................. 2,945,250.00

Surplus....................... 4,554,750.00

Undivided profits............... 911,319.74

Reserves.................... 439,303.82

Total Liabilities............$ 93,604,737.34

STATEMENT Showing condition at the close of business December 31, 1968, 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

LIABILITIES

Cash, balances with other banks, and

cash items in process of collection..$ 43,065.57

United States Government obliga-

tions, direct and guaranteed ..... . 55,000.00

Obliga~i~'!s of States and political subdiVISIOnS.................. .

52,756.83

Securities of Federal agencies and

t~~o~~t~~~s-. ~~~. gu-~~~t~~~. -~~ 100,000.00

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

None

Loans and discounts, including overdrafts....................... . 1,197,416.71

Bank premises, furniture and fixtures,

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

25,893.13

Real estate owned other than bank premises.................... . 110,436.86

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

None 8,421.07

Demand deposits...............$ Time and savings deposits........ .
Deposits of U.S. Government...... .
Dep<?s!ts of States and political subdiVISIOns. . . . . . . . . . . . . . . . . . . . .
Deposits of banks............... . Certified ~nd officers' checks, etc.. . Other liabilities for borrowed money. Acceptances exe.uted 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. ..................... .

11,455.48 407,811.18
1,380.77
68,750.00 None
12,090.35 None
None 284,214.65
None None 100,000.00 200,000.00 407,287.74 100,000.00

_ ________ Total Assets.................$-1-,59-2,- 99- 0.17 __._

Total Liabilities...............S 1,592,990.17

42

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 10-10-1935

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 239,757.00

United States Government obliga-

tions, direct and guaranteed . . . 855,929.44

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 300,438.37

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. 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . . . . 1,008,652.50

Bank premises, furniture and fixtures,

and other assets representing bank

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

5,383.47

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

912.24

Total Assets................$ 2,711,073.02

LIABILITIES

Demand deposits............$ 1,536,053.68

Time and savings deposits. . ..... 470,916.22

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

33,268.03

Dep<?s!ts of States and political subdiVISions................... 288,416.61

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

None

Certified and officers' checks, etc...

25,756.22

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

50,000.00

Undivided profits............... 216,662.26

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

40,000.00

Total Liabilities............$ 2,711,073.02

STATEMENT

Showing condition at the close of business December 31, 1968, 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

GRACE M. SANDERS, Cashier.
Began Business: 1892

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 828,295.54

United States Government obliga-

tions, direct and guaranteed . . . . . 1,246,317.51

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 251,817.35

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. 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 2,731,370.34

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 120,045.98

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

4,580.00

Total Assets................$ 5,482,426.72

LIABILITIES

Demand deposits...............$ 1,994,414.35

Time and savings deposits. . . . . . . . . 2,187,381.85

Deposits of U.S. Government. . . . . . . 38,659.09

Dep<?s!ts of States and political sub

dtVISIODS

756,821.29

Deposits of banks............... . 50,000.00

Certified and officers' checks, etc.. .

13,085.19

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ . 116,351.66

Capital notes and debentures...... .

None

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

None

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

Surplus....................... 125,000.00

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

50,713.29

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

None

Total Liabilities..............$ 5,482,426.72

FORTY-NINTH ANNUAL REPORT

43

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$
United States Government obliga tions, direct and guaranteed . . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . . . . .
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. 0!~!~k'j~u~~~~;a~'K::r~: ~~~ck~s. ~~~
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 acceptances outstanding.......
Other assets. . . . . . . . . . . . . . . . . . . .
Total Assets..............$

186,467.28 254,850.00
4,960.59
170,375.00 None
112,089.13
3,234.58 1.00 None None
731,977.58

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 outstand ing.................... Other liabilities............... Capital notes and debentures.... Preferred stock.............. Common stock................. Surplus . . . . . . . . . . . . . . . . . . . . . . . Undivided profits.............. Reserves . . . . . . . . . . . . . . . . . .

304,732.67 235,300.00
4,160.35 130,021.65
None 721.83
None
None None None None 25,000.00 25,000.00 7,041.08 None

Total Liabilities....$ 731,977.58

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 1,040,815.71

United States Government obligations, direct and guaranteed . . . . . . 2,451,254.10

Obliga!i~~s of States and political SUbdiVISIOnS. 1,497,420.83

Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ ..g.u~~~t~~~. -~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . 6,559,338.56

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 170,663.10

Real estate owned other than bank

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

14,298.63

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

36,928.94

Total Assets.................$11,870,719.87

LIABILITIES

Demand deposits...........$ 4,477,734.26 Time and savings deposits...... 3,646,501.92 Deposits of U.S. Government...... . 114,486.11 Dep~s!ts of States and political sub

diVISIOnS
Deposits of banks............... . Certified ::nd officers' checks, etc.. . Other liabilities for borrowed money. Acceptances exe~uted by or for ac-

2,537,608.62 None
3,049.00 None

count of this bank and outstand-

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

None

Other liabilities................ . 306,195.37

Capital notes and debentures...... .

None

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

None

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

Surplus................... 300,000.00

Undivided profits.............. 110,144.59

Reserves...................... . 175,000.00

Total Liabilities..............$11,870,719.87

44

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 banks, and cash items in process of collection.$
United States Government obligations, direct and guaranteed ..
Obliga!iC?J!S of States and political subdiVISIOnS . . . . . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n t.e.e.d. .b.y.
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 owued other than bank premises. . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding........
Other assets. . ................

126,630.09 526,553.86
None
174,312.50 None
622,316.09
20,965.33 None None
927.49

Total Assets..............$ 1,471,705.36

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

705,373.12 478,955.14
2,886.04
63,982.53 5,000.00 8,538.85 None
None 9,055.31
None None 50,000.00 100,000.00 47,914.37 None

Total Liabilities.........$ 1,471,705.36

STATEMENT Showing condition at the close of business December 31, 1968, of

CORDELE BANKING COMPANY Cordele (Crisp), Ga.

As called for by the Superintendent of Banks

R.M. FLEEMAN, President.
Date of Charter: 5-31-1927

ELIZABETH WADE, Cashier.
Began Business: 6-15-1927

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,095,187.77

United States Government obliga

tions, direct and guaranteed . . . . . 1,516,479.54

Obliga!iC?J!S of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . . 35,000.00

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. 1,200,000.00

Other securities, corporate stocks and

stock in Federal Rt!$erve Bank.....

Loans and discounts, including over-

drafts........................ 4,199,615.09

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 61,053.24

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

None

LIABILITIES

Demand deposits...............$ 5,264,010.57

Time and savings deposits. . . . . . . . 1,837,457.43

Deposits of U.S. Government....... 84,313.19

Dep'!s!ts of States and political sub

diVISIOnS.................... 423,985.91

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

None

Certified and officers' checks, etc... 33,352.08

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

Surplus....................... . 200,000.00 Undivided profits............... 164,216.46

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

None

Total Assets................$ 8,107,335.64

Total Liabilities...............$ 8,107,335.64

FORTY-NINTH ANNUAL REPORT

45

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 1,835,394.98

United States Government obliga

tions, direct and guaranteed . . . . 1,054,433.70

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 755,126.93

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. 700,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . 3,475,035.08

Bank premises, furniture and fixtures,

and other assets representing bank

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

76,270.38

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

1,891.00

LIABILITIES

Demand deposits...........$ 4,335,052.20

Time and savings deposits. . . . . . 1,886,318.27

Deposits of U.S. Government....... 115,342.81

Dep'?s!ts of States and political sub

dlvtSJons................... 708,714.14

Deposits of banks............. 87,567.75

Certified and officers' checks, etc.. 72,108.32

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................... 125,000.00

Undivided profits........... 218,633.66

Reserves................... 149,414.92

Total Assets.............$ 7,898,152.07

Total Liabilities........$ 7,898,152.07

STATEMENT Showing condition at the close of business December 31, 1968, 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 banks, and

cash items in process of collection..$ 1,645,068.78

United States Government obliga

tions, direct and guaranteed . . . . . 1,539,560.12

Obliga!i~~s of States and political

SUbdiVISIOnS. 1,422,336.98

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. 20,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts........................ 6,753,791.68

Bank premises, furniture and fixtures,

and other assets representing bank

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

98,400.00

Real estate owned other than bank

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

4.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

LIABILITIES

Demand deposits.............$ 4,696,294.60

Time and savings deposits........ 4,749,176.70

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

82,521.29

DeP<?s!ts of States and political sub

diVISIOnS
Deposits of banks.............. Certified ::.nd officers' checks, etc... Other liabilities for borrowed money. Acceptances exe.uted by or for ac-

731,759.67 113,621.20 47,568.06
None

count of this bank and outstand

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

None

Other liabilities................ . 332,552.36

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 300,000.00

Undivided profits............... . 225,667.68

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

None

Total Assets.................$11,479,161.56

Total Liabilities...............$11,479,161.56
---------------

46

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF COVINGTON Covington (Newton), Ga.

As called for by the Superintendent of Banks

R.R. FOWLER, President.
Date of Charter: 4-10-190 I

T.H.AVERY, Cashier.
Began Business: 4-I0-190J

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 2,054,233.80

United States Government obliga-

tions, direct and guaranteed ... 3,877,645.55

Obligations of States and political

subdivisions.................. . 828,173.21

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..................... 5,081,333.69

Bank premises, furniture and fixtures,

and other assets representing bank

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

99,870.11

Real estate owued 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..............$11,941,256.36

LIABILITIES

Demand deposits............$ 5,169,647.14

Time and savings deposits......... 4,396,744.57

Deposits of U.S. Government...... . 213,517.78

Dep~s!ts of States and political sub-

daVJsaons. . . . . . . . . . . . . . . . . . . 1,155,606.77

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

None

Certified and officers' checks, etc..

3,326.10

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

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

None

Other liabilities............... 226,495.71

Capital notes and debentures......

None

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

None

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

Surplus...................... 400,000.00

Undivided profits............. 175,918.29

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

None

Total Liabilities...............$ 11,941,256.36

STATEMENT Showing condition at the close of business December 31, 1968, 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: 9-5-1921

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 382,833.27

United States Government obliga-

tions, direct and guaranteed . . . . . 488,938.80

Obliga!ic;>J)S of States and political

SUbdiVISIOnS. , , , , , , , , , , , , , , , , , , 261,429.84

Securities of Federal agencies and
u~~o~~t~~~~. ~~~ ..'.u~~~t~~~- -~~ 895,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . 1,792,848.45

Bank premises, furniture and fixtures,

and other assets representing bank

premises..................... 25,519.84

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

3,084.71

LIABILITIES

Demand deposits.............$ 1,551,707.47

Time and savings deposits. . . . . . . 1,633,460.28

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

7,169.69

Dep~s!ts of States and political subdaVJSaons.................. 352,582.16

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

None

Certified and officers' checks, etc... 25,961.49

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ 74,429.35

Capital notes and debentures...... .

None

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

None

Common stock................. 100,000.00

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

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

4,344.47

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

None

Tot!ll Assets................$ 3,849,654.91

Total Liabilities..............$ 3,849,654.91

FORTY-NINTH ANNUAL REPORT

47

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE PEOPLES BANK Crawfordville (Taliaferro), Ga.

As called for by the Superintendent of Banks

E.W. REYNOLDS, President.
Date of Charter: 12-8-1947

E.W. REYNOLDS, Cashier.
Began Business: 1-2-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 423,683.50

United States Government obliga

tions, direct and guaranteed . . . 453,037.51

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 50,010.97

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. 329,943.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 1,088,763.37

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 11,159,76

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

None

Total Assets...............$ 2,356,598.86

LIABILITIES

Demand deposits.......$ 637,022.78

Time and savings deposits. . . . . . . . 1,277,062.80

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

4,170.25

Dep'?s!ts of States and political sub-

dJVJSJons................. 244,905.00

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

None

Certified and officers' checks, etc.. .

4,986.64

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

Undivided profits............... 23,451.39

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

None

Total Liabilities.......$ 2,356,598.86

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF CUMMING Cumming (Forsyth), Ga.

As called for by the Superintendent of Banks

ROY P. OTWELL, SR., President.
Date of Charter: 10-11-1904

JIMMY S. FAGAN, Cashier.
Began Business: 1~19-1904

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 SubdlVlSJOnS. . ..............
Securities of Federal agencies and
u~r.~~t~~~s- . ~~~ . gu-~~~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............

1,275,816.73 1,618,517.25
937,176.87
175,000.00 100.00
5,924,777.64
179,677.39 1,081.43 None
157,459.92

LIABILITIES

Demand deposits.........$ 3,603,302.94

Time and savings deposits........ 4,558,692.48

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

64,302.93

Dep'?s!ts of States and political sub-

dJVJSJons.................... . 751,759.47

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

None

Certified end officers' checks, etc...

41,938.58

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 244,999.57

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 450,000.00

Undivided profits............... . 204,566.26

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

None

Total Assets.................$ 10,269,607.23

Total Liabilities............$ 10,269,607.23

-------------------1.---------------------~

48

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 9-26-1964

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 587,094.54

United States Government obliga-

tions, direct and guaranteed 1,235,793.16

Obligations of States and political

subdivisions.................. 617,482.24

Securities of Federal agencies and

corporations not guaranteed by

Otuh.esr.s.e.c.ur.i.ties,corporates.tocksand 294,987.50

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts...................... 2,730,755.85

Bank premises, furniture and fixtures,

and other assets representing bank

premises............. 130,496.37

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding.....

None

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

30,665.02

Total Assets...........$ 5,627,274.68

LIABILITIES

Demand deposits.........$ 2,272,376.54

Time and savings deposits.... 2,388,064.73

Deposits of U.S. Government....

53,183.88

Dep<?s!ts of States and political sub-

diVISions................... 240,769.28

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

None

Certified and officers' checks, etc...

29,030.17

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............. 159,978.34

Capital notes and debentures.....

None

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

None

Common stock.............. 100,000.00

Surplus................... 300,000.00

Undivided profits.......... 83,871.74

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

None

Total Liabilities...........$ 5,627,274.68

STATEMENT Showing condition at the close of business December 31, 1968, of

CITIZENS BANK Cuthbert (Randolph), Ga.

As called for by the Superintendent of Banks

C.O. JOHNSON, President.
Date of Charter: 2-7-1938

G.F. SEALY, Cashier.
Began Business: 3-1-1938

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 905,514.67

United States Government obliga-

tions, direct and guaranteed . . . . . . 1,533,371.33

Obliga!i~~s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . 325,981.89

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. 781,708.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts........................ 1,822,207.23

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 11,626.18

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

484.26

Total Assets................$ 5,380,894.56

LIABILITIES

Demand deposits............$ 2,694,861.36

Time and savings deposits. . . . . . . . 1,572,238.60

Deposits of U.S. Government....... 39,827.57

Dep'?s!ts of States and political sub-

dJVJSJons.............. 587,996.49

Deposits of banks.............. 20,000.00

Certified and officers' checks, etc... 72,660.91

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

9,252.44

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 175,000.00

Undivided profits............... . 59,057.19

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

None

Total Liabilities...............$ 5,380,894.56

FORTY-NINTH ANNUAL REPORT

49

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of coUection.$ 652,608.71

United States Government obliga-

tions, direct and guaranteed .. 854,452.64

Obligations of States and political

subdivisions.................. 936,143.75

Securities of Federal agencies and

IT~o~~t~~~s- . ~~~ . -g~~~~t~~~. -~~ 780,056.25

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.................... 3,430,019.61

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 94,616.23

Real estate owned other than bank

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

8,600.00

Customers' liability to this bank on

acceptances outstanding.....

None

Other assets................ 11,687.25

Total Assets............$ 6,768,184.44

LIABILITIES

Demand deposits.........$ 2,371,584.83

Time and savings deposits. . . . . . 2,419,268.97

Deposits of U.S. Government....... 44,654.42

DeJK!S!ts of States and political sub-

diVISions................. 1,398,967.17

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

None

Certified and officers' checks, etc... 35,157.44

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............. 59,066.55

Capital notes and debentures....

None

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

None

Common stock............ 100,000.00

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

Undivided profits............ 89,485.06

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

None

Total Liabilities.........$ 6,768,184.44

STATEMENT Showing condition at the close of business December 31, 1968, of

THE CITIZENS BANK OF DALLAS Dallas (Paulding), Ga.

As called 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

LIABILITIES

Cash, balances with other banks, and

Demand deposits.............$ 1,046,015.60

cash items in process of collection..$ 715,432.78

Time and savings deposits. . . . . . . 731,175.11

United States Government obligations, direct and guaranteed .....
Obliga~i~f!S of States and political subdiVISions. . . . . . . . . . . . . . . . . .

652,289.47 None

Deposits of U.S. Government....... Dep~s!ts of States and political sub
diVISIOnS . . . . . . . . . . . . . . . . . . . . Deposits of banks...............

126,904.53 465,507.96
None

Securities of Federal agencies and
t~~o~~t~~~~ . ~~~ ..g.u~~~~t-e~~..~~
Other securities, corporate stocks and stock in Federal Reserve Bank.....

490,000.00 None

Certified ::nd officers' checks, etc... Other liabilities for borrowed money. Acceptances exe~uted by or for ac-
count of this bank and outstanding......................... .

17,716.51 None
None

Loans and discounts, including over drafts....................... .
Bank premises, furniture and fixtures,

733,263.21

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

44,728.76 None None

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

47,924.98 None None None

Common stock................. Surplus....................... . Undivided profits............... . Reserves . . . . . . . . . . . . . . . . . . . . . .

100,000.00 70,000.00 36,861.97 None

_____________________ __ Total Assets.................$ 2,638,910.44 .___ T-ota-l L-iabi-liti-es.-...-..-...-..-..-..$-2,638,910.44

50

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF DALTON Dalton (Whitfield), Ga.

As cUed 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 collection..$ 1,718,675.95

United States Government obliga-

tions, direct and guaranteed . . . . . 3,259,703.24

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 1,003,206.66

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. 284,437.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

3.00

Loans and discounts, including over-

drafts...... . . . . . . . . . . . . . . . . . . 4,627,905.25

Bank premises, furniture and fixtures,

and other as!iets representing bank

premises. . . . . . . . . . . . . . . . . . . 84,976.92

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

7,813.01

Total Assets............$10,986,721.53

LIABILITIES

Demand deposits.........$ 3,600,509.88 Time and savings deposits..... 4,509,687.33 Deposits of U.S. Government.... 232,340.10

Dep~s!ts of States and political subdJvtSJons.................... .
Deposits of banks.......... Certified and officers' checks, etc... Other liabilities for borrowed money.

1,336,026.25
None 30,548.35
None

Acceptances executed by or for ac-

count of this bank and outstanding. . . . . . . . . . . . . . . . . . . . . . . Other liabilities.............. Capital notes and debentures...... .

None 415,519.91
None

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

None

Common stock............. Surplus. . . . . . . . . . . . . . . . . . Undivided profits.............

200,000.00 500,000.00 136,588.00

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

25,501.71

Total Liabilities...........$10,986,721.53

STATEMENT

Showing condition at the close of business December 31, 1968, of

HARDWICK BANK AND TRUST COMPANY Dalton (Whitfield), Ga.

As called for by the Superintendent of Banks

F.L. WILLIAMSON, President.
Date ofCharter: 2-17-1922

P.L. DIAMOND, Cashier.
Began Business: 2-20-1922

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 2,863,104.69

United States Government obliga-

tions, direct and guaranteed . . . . . . 2,833,653.56

Obliga~i~'!s of States and political

subdJvtSJOnS. . . . . . . . . . . . . . . . . . . 1,473,383.67

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 4,000,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

5,000.00

Loans and discounts, including over-

drafts........................ 12,750,648.94

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 495,191.11

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

2,086.17

Total Assets................$24,423,068.14

LIABILITIES

Demand deposits.............$ 12,280,151.05

Time and savings deposits. . . . . . 8,547,368.76

Deposits of U.S. Government....... 121,114.81

De~s!ts of States and political sub

diVISIOnS. , ............... 1,065,424.42

Deposits of banks............... 226,534.19

Certified and officers' checks, etc... 123,911.96

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 336,086.32

Capital notes and debentures.....

None

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

None

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

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

Undivided profits............. 322,476.63

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

None

Total Liabilities...............$ 24,423,068.14

FORTY-NINTH ANNUAL REPORT

51

STATEMENT

Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 623,164.32

United States Government obliga-

tions, direct and guaranteed ... 654,367.50

Obliga!ic;n!s of States and political

SUbdtVISJOnS................ 187,824.17

Securities of Federal agencies and

cuo.srp.o.r.a.ti.o.n.s..n.o.t..g.u.a.r.a.n.te.e.d..b.y. 300,062.50

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts................ 1,107,544.58

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 15,811.00

Real estate owned other than bank

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

4,025.00

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

Total Assets..............$ 2,892,799.07

LIABILITIES

Demand deposits....$ 1,652,712.56

Time and savings deposits.... 433,395.79

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

3,194.53

Dep<?s!ts of States and political sub-

dtVJStons.............. 435,650.59

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

None

Certified and officers' checks, etc...

9,686.64

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

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

5,250.00

Capital notes and debentures....

None

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

None

Common stock........... 70,000.00

Surplus.............. 130,000.00

Undivided profits....... 152,908.96

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

None

Total Liabilities.........$ 2,892,799.07

STATEMENT Showing condition at the close of business December 31, 1968, of

THE DARIEN BANK Darien (Mclntosh),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

cash items in process of collection..$ 505,782.37

United States Government obliga-

tions, direct and guaranteed ..... 1,072,153.90

Obliga!ic;J!S of States and political

subdiVISIOnS.............. 531,191.62

Securities of Federal agencies and

U.r.~~t~~~~ . ~~~ ..g~~~~t-e~~.~~ 135,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts................... 1,695,422.58

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 29,800.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........

None

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

None

Total Assets..............$ 3,969,350.47

LIABILITIES

Demand deposits............$ 1,439,126.52

Time and savings deposits. . . . . . 1,540,843.80

Deposits of U.S. Government. . . . . . 32,980.50

DeP<?s!ts of States and political sub-

dtVJStons............... 452,316.59

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

None

Certified ::nd officers' checks, etc... 21,855.93

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities...... 157,379.22

Capital notes and debentures....

None

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

None

Common stock................. 100,000.00

Surplts................. 100,000.00

Undivided profits.............. 124,847.91

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

None

Total Liabilities............$ 3,969,350.47

52

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 7-1-1911

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 1,004,284.10

United States Government obliga-

tions, direct and guaranteed . 2,102,469.50

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 656,788.21

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. 398,593.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts...................... 4,218,002.53

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 238,280.23

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

None

Total Assets............$ 8,618,418.32

LIABILITIES

Demand deposits...........$ 2,865,067.49

Time and savings deposits. . . . . . . . 4,538,696.43

Deposits of U.S. Government....... 17,826.61

Dep<?s!ts of States and political sub-

diVISions ........ 532,016.35

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

None

Certified and officers' checks, etc.. 62,716.88

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............... 41,177.07

Capital notes and debentures...... .

None

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

None

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

Surplus.................... 300,000.00

Undivided profits............ 60,917.49

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

None

Total Liabilities.............$ 8,618,418.32

STATEMENT

Showing condition at the close of business December 31, 1968, 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

JIMMY C. BRIDGES, Cashier.
Began Business: 5-1-1936

ASSETS

Cash, balances with other banks, and cash items in process of collection..~ 1,653,028.61

United States Government obligations, direct and guaranteed ..... I ,377,030.59

Obligations of States and political subdivisions................ 828,227.38

Securities of Federal agencies and

u~~o~~t~~~~ . ~~~ . gu~~~t.e~~..~~ 100,000.00

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

None

Loans and discounts, including overdrafts....................... . 7,753,603.32

Bank premises, furniture and fixtures,

and other assets representing bank premises................... 232,500.51

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

1,966.10

Customers' liability to this bank on

acceptances outstanding........ .

None

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

2,677.71

Total Assets................$11,949,034.22

LIABILITIES

Demand deposits...............$ 3,792,408.23

lime and savings deposits........ 5,497,989.36

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

53,003.20

Dep~s!ts of States and political sub

diVISIOnS

757,161.06

Deposits of banks............... . 135,600.93

Certified and officers' checks, etc.. . 922,375.62

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

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

None

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

54,185.68

Capital notes and debentures...... .

None

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

None

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

Surplus....................... . 300,000.00

Undivided profits............... 236,310.14

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

None

Total Liabilities...............$11,949,034.22

FORTY-NINTH ANNUAL REPORT

53

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 340,198.54

United States Government obliga-

tions, direct and guaranteed . . . . 197,518.94

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 137,280.08

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. 89,643.56

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 2,287,331.31

Bank premises, furniture and fixtures,

and other assets representing bank

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

62,219.95

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

602.26

Total Assets................$ 3,114,794.64

LIABILITIES

Demand deposits.........$ 912,311.32

Time and savings deposits. . . . . . . 1,631,457.90

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

8,724.46

Dep<?s!ts of States and political sub-

diVISIOns............. 218,982.96

Deposits of banks.......... 10,000.00

Certified and officers' checks, etc... 65,399.29

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............ 107,918.71

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

10,000.00

Total Liabilities........$ 3,114,794.64

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 10-13-1965

BEN C. COOK, Cashier.
Began Business: 4-30-1966

ASSETS

Cash, balances with other banks, and cash items in process of collection..$ 958,674.72

United States Government obligations, direct and guaranteed ... 925,222.83

Obliga!i?~S of States and political SUbdiVISIOnS.................. .

522,422.14

Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ ..g.u~~~t~~~ ..~~ 599,750.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 3,676,833.24

Bank premises, furniture and fixtures,

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

15,028.67

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

60,839.47

LIABILITIES

Demand deposits..............$ 2,429,931.52

Time and savings deposits. . . . . . . 3,349,686.07

Deposits of U.S. Government....... 41,343.00

DeP<?s!ts of States and political sub-

dJVJSJons. . . . . . . . . . . . . . . . . . . . . 268,750.00

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

None

Certified :md officers' checks, etc...

9,703.86

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities............... 232,799.86

Capital notes and debentures...... .

None

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

None

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

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

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

51,556.76

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

25,000.00

Total Assets.................$ 6,758,771.07

Total Liabilities..............S 6,758,771.07

------- ------'----------------

54

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 cash items in process of collection..$
United States Government obligations, direct and guaranteed ...
Obligations of States and political subdivisions.................. .
Securities of Federal agencies and
cuo.srp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.a.nt.e.e.d. .b.y.
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 owued other than bank premises.................... .
Customers' liability to this bank on acceptances outstanding........ .
Other assets..................

183,964.16 200,298.89
54,662.50
231,763.28 None
315,639.70
8,143.25 None None
541.67

Total Assets..............$ 995,013.45

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

489,064.71 199,403.23
5,465.94
165,044.18 None
5,723.84 None
None 4,481.58
None None 55,000.00 30,000.00 40,829.97 None

Total Liabilities...........$ 995,013.45

STATEMENT Showing condition at the close of business December 31, 1968, of

TONEY BROTHERS BANK 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..$ 1,233,010.81

United States Government obliga-

tions, direct and guaranteed .... 197,368.83

Obligations of States and political

subdivisions............... 24,000.00

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....................... . I ,690,641.04

Bank premises, furniture and fixtures,

and other assets representing bank

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

1,079.20

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

Total Assets.............$ 3,146,099.88

LIABILITIES

Demand deposits.............$ 1,459,935.89

Time and savings deposits....... 1,223,315.32

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

2,950.00

Dep~s!ts of States and political sub-

diVISIOns................... .. 191,851.74

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

None

Certified and officers' checks, etc..

6,361.32

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

1,910.82

Capital notes and debentures...... .

None

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

None

Common stock................. 50,000.00

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

Undivided profits............ 59,774.79

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

None

Total Liabilities..............$ 3,146,099.88

FORTY-NINTH ANNUAL REPORT

55

STATEMENT

Showing condition at the close of business December 31, 1968, of

COMMERCIAL STATE BANK Donalsonville (Seminole), Ga.

As called for by the Superintendent of Banks

E. C. MOSELY, President.
Date of Charter: 10-21-1938

ELLEN G. SPIER, Cashier.
Began Business: 12-16-1938

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,153,199.68

United States Government obliga

tions, direct and guaranteed ..... 382,500.00

Obligations of States and political

subdivisions................ 521,862.68

Securities of Federal agencies and

corporations not guaranteed by
u.s........................ . 850,268.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over

drafts....................... . 2,659,444.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 139,770.04

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding......

None

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

25,029.99

Total Assets...........$ 5,732,075.31

LIABILITIES

Demand deposits........$ 2,548,434.16

Time and savings deposits.... 1,666,793.44

Deposits of U.S. Government...

40,616.01

Dep'?s!ts of States and political sub

diVISIOnS. . . . . . . . . . . . . . . . . . . . .

742,816.02

Deposits of banks............ 180,000.00

Certified and officers' checks, etc...

41,178.54

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.........

52,128.98

Capital notes and debentures......

None

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

None

Common stock.......... 100,000.00

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

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

77,207.89

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

32,900.27

Total Liabilities.......$ 5,732,075.31

STATEMENT Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 500,210.92

United States Government obliga-

tions, direct and guaranteed ..... . 1,059,269.73

Obligations of States and political

subdivisions................ 532,426.83

Securities of Federal agencies and

t~?:o~~t~~~~ . ~~~ ..g.u~~~t~~~..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts....................... 2,266,184.35

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 45,790.28

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

630.00

LIABILITIES

Demand deposits...........$ 1,816,077.49

Time and savings deposits. . . . 1,550,935.64

Deposits of U.S. Government. . . . . . . 23,168.81

Dep'?s!ts of States and political sub-

dtVIStons................... 585,846.26

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

None

Certified "nd officers' checks, etc.. . 15,174.15

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand

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

None

Other liabilities............... 43,703.07

Capital notes and debentures...... .

None

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

None

Common stock............... 100,000.00

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

Undivided profits............ 69,606.69

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

None

Total Assets.................$ 4,404,512.11

Total Liabilities..............$ 4,404,512.11

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

56

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 7-1-1931

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 899,695.53

United States Government obliga-

tions, direct and guaranteed . . . 2,107,081.76

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 75,000.00

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. 913,243.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . 3,948,763.07

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 59,928.74

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets................$ 8,003,712.85

LIABILITIES

Demand deposits..........$ 3,247,151.55

Time and savings deposits. . . . . . 2,740,058.92

Deposits of U.S. Government....... 31,581.82

Dep'?s!ts of States and political sub-

divtsJons................... 1,126,357.34

Deposits of banks.............. 87,629.41

Certified and officers' checks, etc... 18,303.52

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............... 400,000.00

Undivided profits............ 240,746.54

Reserves.................. 11,883.75

Total Liabilities.............$ 8,003,712.85

STATEMENT Showing condition at the close of business December 31, 1968, of

THE FARMERS BANK Douglas (Coffee), Ga.

As called for by the Superintendent of Banks

F. S. STUBBS, 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 collection..$ 2,296,080.46

United States Government obliga-

tions, direct and guaranteed . . . . . . 2,354,564.23

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 2,399,693.77

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........................ 8,006,337.79

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 80,992.85

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . 95,000.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets.................$15,232,669.10

LIABILITIES

Demand deposits..............$ 6,828,416.52

Time and savings deposits........ . 4,752,217.19

Deposits of U.S. Government...... . 208,373.69

Dep'?s!ts of States and political sub-

diVISIOns................... 1,901,862.25

Deposits of banks............... 232,480.52

Certified and officers' checks, etc...

28,369.48

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

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

None

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

81,801.18

Capital notes and debentures......

None

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

None

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

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

Undivided profits............... . 264,148.27

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

35,000.00

Total Liabilities.............$15,232,669.10

FORTY-NINTH ANNUAL REPORT

57

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE CITIZENS BANK OF DOUGLASVILLE Douglasville (Douglas), Ga.

As called for by the Superintendent of Banks

HOMER M. WOODS, President.
Date of Charter: 8-11-1959

HOMER M. WOODS, Cashier.
Began Business: 5-9-1960

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 542,550.33

United States Government obliga-

tions, direct and guaranteed . . . 540,019.26

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 404,491.96

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. o. t. . .g.u.ar.a.n.t.ee. d. . .b.y. 99,800.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts...................... 3,103,122.07

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 57,386.23

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

4,754.67

Total Assets..............$ 4,752,124.52

LIABILITIES

Demand deposits...........$ 2,123,408.92

Time and savings deposits. . . . . . . 1,659,064.30

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

59,331.41

Depl!s!ts of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . . 295,616.75

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

None

Certified and officers' checks, etc..

12,527.50

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabilities............. 217,712.33

Capital notes and debentures...... .

None

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

None

Common stock............. 187,500.00

Surplus................... 145,000.00

Undivided profits............. 51,963.31

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

None

Total Liabilities............$ 4,752,124.52

STATEMENT Showing condition at the close of business December 31, 1968, 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

JANICE McCRAVY, Cashier.
Began Business: 5-1-1942

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 613,861.07

United States Government obliga-

tions, direct and guaranteed ..... . 1,511,630.75

Obliga~i~'!s of States and political

SUbdiVISIOnS................. 1,383,403.55

Securities of Federal agencies and

~T.'~~t~~~s.. ~~~ ..g.u~~~~t~~~. -~~ 600,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 3,096,982.55

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 128,533.31

Real estate owned other than bank

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

5,319.67

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... . 22,433.16

LIABILITIES

Demand deposits.............$ 2,750,285.69

Time and savings deposits. . . . . . . . . 2,699,312.62

Deposits of U.S. Government. . . . . . . 33,705.49

DeP<!s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . . . . . 1,209,503.89

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

None

Certified ::nd officers' checks, etc... 21,262.62

Other liabilities for borrowed money.

None

Acceptances exe.uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ . 176,699.53

Capital notes and debentures...... .

None

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

None

Common stock................. . 250,000.00

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

Undivided profits............... . 71,394.22

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

None

Total Assets.................$ 7,362,164.06

Total Liabilities...............S 7,362,164.06

58

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 10-29-1928

THERON A. JERNIGAN, Cashier.
Began Business: 11-1-1928

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,692,505.97

United States Government obliga-

tions, direct and guaranteed . . . . 4,554,006.93

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 3,309,532.02

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . . . . . . . . . . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

9,112.50

Loans and discounts, including over-

drafts..................... 13,778,459.23

Bank premises, furniture and fixtures,

and other assets representing bank

premises.. . . . . . . . . . . . . . . . . . 195,520.84

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . . 248,022.42

Total Assets...............$ 23,787,159.91

LIABILITIES

Demand deposits........$ 6,470,404:58

Time and savings deposits..... 11,891,027.78

Deposits of U.S. Government.. . . . . . 162,110.49

Dep<?s!ts of States and political subdiVJSJons. . . . . . . . . . . . . . . . . . . .
Deposits of banks............... Certified and officers' checks, etc... Other liabilities for borrowed money.

1,847,481.56 679,118.26 180,853.40 None

Acceptances executed by or for ac-

count of this bank and outstand ing...............

None

Other liabilities....... 1,230,385.43

Capital notes and debentures....

None

Preferred stock................. . Common stock............... Surplus. . . . . . . . . . . . . . . . . . . . . . . Undivided profits............... . Reserves....................

None 300,000.00
600,000.00 102,284.14 323,494.27

Total Liabilities..............$23,787,159.91

STATEMENT

Showing condition at the close of business December 31, 1968, of

FARMERS AND MERCHANTS BANK 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

cash items in process of collection.$ 2,099,248.56

United States Government obliga-

tions, direct and guaranteed ..... . 1,411,104.25

Obligations of States and political

subdivisions................. 686,128.28

Securities of Federal agencies and

u~r.~~t~~~s- . ~~~ . -g~~~~t~~~. -~~ 2,899,742.13

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts....................... . 4,750,120.17

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 145,206.36

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

16,069.54

Total Assets...............$12,007,619.29

LIABILITIES

Demand deposits.............$ 4,090,284.55

Time and savings deposits.... 4,232,125.55

Deposits of U.S. Government...... . 377,810.73

Dep<?s!ts of States and political sub-

dJVJSJons. . . . . . . . . . . . . . . . . . . .. 1,412,774.72

Deposits of banks............... 1,052,338.04

Certified and officers' checks, etc.

95,835.22

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

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

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

72,807.15

Reserves.................... 173,643.33

Total Liabilities...............$12,007,619.29

FORTY-NINTH ANNUAL REPORT

59

STATEMENT

Showing condition at the close of business December 31, 1968, 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

JOHN H. PEAVY, Cashier.
Began Business: 10-2-1958

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,198,914.02

United States Government obliga

tions, direct and guaranteed . 2,346,486.45

Obligations of States and political

subdivisions................ 423,158.47

Securities of Federal agencies and

. t~~o~~~~~~~ ~~~. -g~~~~~~~~. -~~ 1,004,421.88

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.............. 3,479,180.94

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 65,639.80

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding....

None

Other assets. . ...

3,214.84

Total Assets........$ 8,521,016.40

LIABILITIES

Demand deposits...$ 2,270,111.94

Time and savings deposits. . . . 3,631,740.72

Deposits of U.S. Government...... . 204,147.88

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

dJVISlons............... 1,357,284.53

Deposits of banks.......... 200,150.00

Certified and officers' checks, etc.. 139,205.17

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............... 213,638.28

Capital notes and debentures....

None

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

None

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

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

Undivided profits........... 104,737.88

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

None

Total Liabilities........$ 8,521,016.40

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF DUDLEY Dudley (Laurens), Ga.

As called for by the Superintendent of Banks

MRS. GLADYS C. HOGAN, President.
Date ofCharter: 10-2-1905

FRANCES J. REINHARDT, Cashier.
Began Business: 11-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 666,617.46

United States Government obliga-

tions, direct and guaranteed .. 560,569.06

Obliga~i;;J!S of States and political

SUbdiVISIOnS.................. 1,076,910.65

. .. Securities of Federal agencies and t~r.~~~~~~~ ~~~ g.u~~~~~~?~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.... 100,000.00

Loans and discounts, including over-

drafts....................... 2,167,850.33

Bank premises, furniture and fixtures,

and other assets representing bank

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

1.00

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

LIABILITIES

Demand deposits............$ 1,394,411.5 1

Time and savings deposits. . 1,783,028.80

Deposits of U.S. Government...... . 25,388.94

DeP<?s!ts of States and political sub-

diVISIOns................ 641,581.59

Deposits of banks............... 102,613.53

Certified nnd officers' checks, etc... 21,408.94

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

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

None

Other liabilities............ 59,044.65

Capital notes and debentures....

None

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

None

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

Surplus.................. 150,000.00 Undivided profits............. 195,049.1S

Reserves.................. 49,422.39

Total Assets...............$ 4,571,949.50

Total Liabilities.....$ 4,571,949.50

----------------'-------------------

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 1,142,770.17

United States Government obliga-

tions, direct and guaranteed . . 500,154.17

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 862,928.17

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. 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts... . . . . . . . . . . . . . . . . . . 5,652,393.38

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 129,933.14

Real estate owned other than bank

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

3,793.29

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . 55,346.52

Total Assets.............$ 8,447,318.84

LIABILITIES

Demand deposits............$ 2,583,927.89

Time and savings deposits. . . . . . . 3,426,629.44

Deposits of U.S. Government....... 47,609.69

Dep<?s!ts of States and political sub-

dtviSions................. 838,837.73

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

None

Certified and officers' checks, etc...

105.00

Other liabilities for bonowed money. 300,000.00

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other liabilities............. 446,404.36

Capital notes and debentures......

None

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

None

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

Surplus................... 350,000.00

Undivided profits.............. 53,804.73

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

None

Total Liabilities...........$ 8,447,318.84

STATEMENT Showing condition at the close of business December 31, 1968, 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

H. C. RAGAN, Cashier.
Began Business: 1-2-1919

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,749,690.06

United States Government obligations, direct and guaranteed ..... . 1,424,219.01

Obliga!i~~s of States and political SUbdtVIStOnS.................. 846,213.93

Securities of Federal agencies and

t~?'~~t~~~s.. ~~~ ..g~~~~t~~~..~~ 995,165.63

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 100,000.00

Loans and discounts, including over-

drafts....................... . 4,474,707.04

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 52,311.63

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

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

None

Total Assets................$ 9,642,307.30

LIABILITIES

Demand deposits..............$ 3,078,535.83

Time and savings deposits. . . . . . . . 4,641,809.97

Deposits of U.S. Government. . . . . . . 67,303.39

Dep<?s!ts of States and political sub-

dtvtstons.................. 435,057.88

Deposits of banks............... 689,450.15

Certified and officers' checks, etc...

7,063.52

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ . 200,170.08

Capital notes and debentures...... .

None

Prefened stock................

None

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

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

Undivided profits............... . 72,916.48

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

None

Total Liabilities...............$ 9,642,307.30

FORTY-NINTH ANNUAL REP.ORT

61

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 705,029.21

United States Government obliga

tions, direct and guaranteed . . . . 2,068,679.09

Obligations of States and political

subdivisions............ 1,516,794.55

Securities of Federal agencies and

corporations not guaranteed by

u.s. . . . . . . . . . . . . . . . . . . . . . . 699,750.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 135,000.00

Loans and discounts, including over

drafts................... 3,009,211.61

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 20,353.97

Real estate owned other than bank

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

6,229.20

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets............$ 8,161,047.63

LIABILITIES

Demand deposits..........$ 2,753,823.68

Time and savings deposits...... 3,383,258.57

Deposits of U.S. Government..... 118,533.62

Dep<?s!ts of States and political sub-

diVISions.................. 1,358,579.66

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

None

Certified and officers' checks, etc...

5,676.33

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

11,886.30

Capital notes and debentures......

None

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

None

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

Surplus................. 200,Mo.oo

Undivided profits............ 129,287.47

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

None

Total Liabilities..........$ 8,161,047.63

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$ 2,129,000.33

United States Government obliga-

tions, direct and guaranteed ..... . 3,218,808.09

Obliga~i~l!s of States and political

subdiVISions.................. 3,159,724.48

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ ..g.u~~~t~~~..~~ 3,823,613.87

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 12,544,687.07

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 424,485.22

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... . 270,290.92

LIA Bl LITI ES

Demand deposits............$ 11,628,751.38

Time and savings deposits. . . . . . . . 7,935,881.78

Deposits of U.S. Government. . . . . . . 243,686.47

Dep<?s!ts of States and political sub-

diVISions.................... 3,091,462.99

Deposits of banks............. 105,186.41

Certified ~nd officers' checks, etc...

80,356.34

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of thi~ bank and outstand-

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

None

Other liabilities................ 662,749.21

Capital notes and debentures...... .

None

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

None

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

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

Undivided profits.............. 322,535.40

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

None

Total Assets.................$ 25,570,609.98

Total Liabilities...............S 25,570,609.98

---'----- ---------------- --- --

62

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 ofCharter: 11-12-1948

RALPH N. THURMOND, Cashier.
Began Business: 11-19-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 2,886,350.26

United States Government obliga-

tions, direct and guaranteed . . 3,969,881.29

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 2,342,329.37

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . . . . . . . . . . . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

9,625.00

Loans and discounts, including over-

drafts.................... 15,783,953.98

Bank premises, iurniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 406,575.41

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . 215,102.92

Total Assets...............$25,613,818.23

LIABILITIES

Demand deposits........$ 9,275,004.60

Time and savings deposits...... ; 10,492,285.66

Deposits of U.S. Government....... 333,610.34

Dep<?s!ts of States and political sub

diVlSIOOS.,,, ............... .. 2,099,698.56

Deposits of banks.............. 124,245.46

Certified anti officers' checks, etc... 20,892.67

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............... 1,575,950.66

Capital notes and debentures.....

None

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

None

Common stock.............. 450,000.00

Surplus................. 550,000.00

Undivided profits.......... 205,263.82

Reserves..................... .. 486,866.46

Total Liabilities...........$2 5,613,818.23

STATEMENT

Showing condition at the close of business December 31, 1968, of

FARMERS & MERCHANTS BANK Eatonton (Putnam), Ga.

As called 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..$ 798,529.14

United States G"overnment obliga-

tions, direct and guaranteed .... 1,814,110.64

Obliga~i~~s of States and political

subdJVlSIOnS... , .... , , , , .. , ... , 308,531.40

Securities of Federal agencies and

t~~o~~t~~~~. ~~~ ..g.u~~~t.e~~- -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts....................... . 2,498,675.76

Bank premises, furniture and fixtures,

and other assets representing bank

premises................ 79,917.47

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........

None

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

None

Total Assets..........$ 5,499,764.41

LIABILITIES

Demand deposits..............$ 1,812,933.21

Time and savings deposits. . . . . . . 2,793,634.91

Deposits of U.S. Government....... 19,208.95

DeP<?s!ts of States and political sub

dJVJSJOnS. , , ..... , , ....... , , . , 557,983.60

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

None

Certified and officers' checks, etc... 22,458.13

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

Undivided profits.............. 43,545.61

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

None

Total Liabilities...............$ 5,499,764.41

FORTY-NINTH ANNUAL REPORT

63

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE PEOPLES BANK Eatonton (Putnam), Ga.

As called for by the Superintendent of Banks

A. F. ADAMS, President.
Date of Charter: 3-16-1944

HOWARD L. HARRISON, Cashier.
Began Business: 5-1-1944

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 396,415.99

United States Government obliga-

tions, direct and guaranteed . 666,646.20

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 110,793.60

Securities of Federal agencies and

u.s. corporations not guaranteed by 0 0 00 0 0 0 0 00 0 0 00 0 0 0 0 0 0 0 0 0 0

239,950.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........ . . . . . . . . . . . 2,011,158.70

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 70,483.69

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

7,883.80

Total Assets.........$ 3,503,331.98

LIABILITIES

Demand deposits.......$ 1,206,002.49

Time and savings deposits. . . 1,683,060.84

Deposits of U.S. Government....... 33,062.15

Dep<?s!ts of States and political sub-

diVISions............... 282,242.81

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

None

Certified and officers' checks, etc.. 11,647.57

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......... 41,523.88

Capital notes and debentures...

None

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

None

Common stock............. 100,000.00

Surplus................. 130,000.00

Undivided profits.......... 15,792.24

Reserves . . . . . . . . .

None

Total Liabilities......$ 3,503,331.98

STATEMENT Showing condition at the close of business December 31, 1968, of

THE BANK OF EDISON Edison (Calhoun), Ga.

As called for by the Superintendent of Banks

C. W.LOWE, President.
Date ofCharter: 9-24-1904

T.O.MANRY, Cashier.
Began Business: 1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 651,062.59

United States Government obliga-

tions, direct and guaranteed ... 1,006,144.75

Obligations of States and political

subdivisions............... 793,102.20

Securities of Federal agencies and

u~1.o~~t~~~s- ~~~ .g.u~~~t~~~ ~~

0

0

00

385,010.94

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts..................... 2,553,949.54

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 35,128.31

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. . .............. 18,115.28

LIABILITIES

Demand deposits....$ 1,705,094.44

Time and savings deposits. . . . . . 2,413,524.53

Deposits of U.S. Government....... 57,026.34

DeP<?s!ts of States and political sub-

diVISions.............. 774,541.81

Deposits of banks......

None

Certified :::nd officers' checks, etc... 35,052.60

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand

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

None

Other liabilities............... 65,379.06

Capital notes and debentures.....

None

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

None

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

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

Undivided profits............ 91,894.83

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

None

Total Assets................$ 5,442,513.61

Total Liabilities............$ 5,442,513.61

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _....1..__ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

64

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 1,206,331.60

United States Government obliga-

tions, direct and guaranteed . . . 1,531,362.39

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 1,074,908.14

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. 175,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 22,500.00

Loans and discounts, including over-

drafts.. . . . . . . . . . . . . . . . . . . . . . . 5,570,348.32

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . 354,766.68

Real estate owned other than bank

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

13,532.04

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

78,190.64

Total Assets...........$I0,026,939.81

LIABILITIES

Demand deposits........$ 3,336,158.88

Time and savings deposits. . . . . . . 4,722,963.80

Deposits of U.S. Government....... 198,738.68

De~s!ts of States and political sub-

diVISions.................. 661,029.29

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

7,188.10

Certified and officers' checks, etc.. 38,083.19

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 173,699.38

Capital notes and debentures......

None

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

None

Common stock................ 240,000.00

Surplus................. 560,000.00

Undivided profits........... 89,078.49

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

None

Total Liabilities..........$10,026,939.81

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF ELLAVILLE Ellaville (Schley), Ga.

As called for by the Superintendent of Banks

DR. L. S. BOYETTE, President.
Date of Charter: 9-10-1910

RICHARD G. CALLAWAY, Cashier.
Began Business: 9-16-1910

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 608,292.76

United States Government obliga

tions, direct and guaranteed ..... 530,698.00

Obligations of States and political

subdivisions................ 656,869.81

Securities of Federal agencies and

U.r.~~t~~~~. ~~~ ..g.u~~~t.e~~. -~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over

drafts....................... 1,471,356.43

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 17,506.92

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding........ .

None

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

1,983.50

Total Assets.................$ 3,286,708.42

LIABILITIES

Demand deposits............$ 1,209,523.71

Time and savings deposits. . . . . . . . . 1,142,718.07

Deposits of U.S. Government. . . . . . 22,236.02

De{I~S!ts of States and political sub

diVISIOnS.................... 491,700.27

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

None

Certified and officers' checks, etc... 15,086.47

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

Undivided profits.............. 15,443.88

Reserves...................... . 140,000.00

Total Liabilities..............$ 3,286,708.42

FORTY-NINTH ANNUAL REPORT

65

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF ELLIJAY Ellijay (Gilmer), Ga.

As called for by the Superintendent of Banks

GLENN W. MARSHALL, 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..$

United States Government obliga-

tions, direct and guaranteed ....

Obliga~ic;n~s of States and political

SUbdiVISIODS. . ................

Securities of Federal agencies and

corporations not guaranteed by

u.s.

0 0 0 0 0

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

acceptances outstanding........ .

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

878,870.46 1,550,745.00
617,302.05
550,000.00 None
3,441,882.19
27,722.32 None None
11,909.15

Total Assets................$ 7,078,431.17

LIABILITIES

Demand deposits.........$ 3,085,806.79

Time and savings deposits........ . 2,797,318.21

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

92,745.02

Dep~s!ts of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . . . . 472,076.54

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

None

Certified and officers' checks, etc.. .

9,488.34

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

78,640.26

Capital notes and debentures....

None

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

None

Common stock............... 100,000.00

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

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

9,356.01

Reserves................. 233,000.00

Total Liabilities..............$ 7,078,431.17

STATEMENT

Showing condition at the close of business December 31, 1968, of

FAIRBURN BANKING COMPANY Fairburn (Fulton), Ga.

As called for by the Superintendent of Banks

Y. H. LONGINO, President.
Date of Charter: 9-14-1891

ROBERT W. FULLER, JR., Cashier.
Began Business: 1902

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 620,157.36

United States Government obliga-

tions, direct and guaranteed ...... 1,113,907.50

Obliga~i~l!s of States and political

SUbdiVISIODS. . . . . . . . . . . . . . . . . . . 290,576.91

Securities of Federal agencies and

corporations not guaranteed by
u.s. 1,225,062.49 0 0 0 0 0. 0 0 0 0 0

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 3,501,138.96

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 92,963.74

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . . 53,827.81

LIABILITIES

Demand deposits..............$ 3,302,203.62

Time and savings deposits......... 2,420,037.66

Deposits of U.S. Government....... 42,121.43

De~s!ts of States and political sub-

diVISIOns. . . . . . . . . . . . . . . . . . . . . 427,681.03

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

8,613.22

Certified &nd officers' checks, etc.. .

8,429.35

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand

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

None

Other liabilities................ . 146,455.47

Capital notes and debentures...... .

None

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

None

Common stock................. . 175,000.00

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

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

5,000.00

Reserves. ..................... . 112,092.99

Total Assets.................$ 6,897,634.77

Total Liabilities...............S 6,897,634.77

- - - - ---'---------~-----

66

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 394,841.37

United States Government obliga-

tions, direct and guaranteed . 3,335,305.05

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 438,781.27

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. 349,843.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . 2,758,853.32

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 107,410.38

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . . . . . . . . . . . . 56,190.87

Total Assets............$ 7,441,226.01

LIABILITIES

Demand deposits........$ 2,012,617.70

Time and savings deposits.... ; 2,255,275.53

Deposits of U.S. Government....... 282,870.79

Dep'?s!ts of States and political sub-

diVISIOns.... , , .. , . , , ... , ... , . 2,154,384.81

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

7,111.84

Certified and officers' checks, etc.. 20,649.32

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............. 383,404.81

Capital notes and debentures.....

None

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

None

Common stock............... 100,000.00

Surplus........... 120,000.00

Undivided profits......... 51,297.22

Reserves.................. 53,613.99

Total Liabilities.........$ 7,441,226.01

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF FINLEYSON Finleyson (Pulaski), Ga.

As called for by the Superintendent of Banks

CLARENCE FINLEYSON, President.
Date of Charter: 9-20-1910

MRS. MATTIE C. CONNER, Cashier.
Began Business: 9-20-1910

ASSETS Cash, balances with other banks, and
cash items in process of collection..$ United States Government obliga-
tions, direct and guaranteed .... Obliga!i!>J!S of States and political
SUbdJVlSIOnS. . . . . . . . . . . . . . . Securities of Federal agencies and
t~1.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.................

160,276.58 146,830.00
None
374,962.50 None
120,167.75
338.83 None None None

Total Assets...............$ 802,575.66

LIABILITIES Demand deposits............$ Time and savings deposits....... Deposits of U.S. Government...... . De{"?s!ts of States and political sub-
dJVlSions . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . .

477,304.12 47,870.80 None
71,877.93 None
11,451.48 None
None 12,384.16
None None 25,000.00 75,000.00 25,000.00 56,687.17

Total Liabilities............$ 802,575.66

FORTY-NINTH ANNUAL REPORT

67

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 7-19-1948

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 1,009,223.52

United States Government obliga

tions, direct and guaranteed . . 1,179,486.23

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 21,174.00

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. 1,299,868.45

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over

drafts............. 3,117,830.61

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 115,975.26

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

1,5 30.00

Total Assets.........$ 6,745,088.07

LIABILITIES

Demand deposits...$ 2,182,704.19

Time and savings deposits.. 3,158,772.56

Deposits of U.S. Government....... 66,897.66

Dep<?~ts of States and political sub
diVISIOnS

521,993.94

Deposits of banks....... 187,599.50

Certified and officers' checks, etc. 16,125.65

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing...

None

Other liabilities............. 10,000.00

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

None None

Common stock............... 100,000.00

Surplus................. 400,000.00

Undivided profits.............. 100,994.57

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

None

Total Liabilities.....$ 6,745,088.07

STATEMENT Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 1,927,326.32

United States Government obliga

tions, direct and guaranteed . . . . . 1,180,135.24

Obligations of States and political

subdivisions. . . . . . . . . . . . 1,245,796.20

Securities of Federal agencies and

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

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . 4,095,333.03

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 212,863.83

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

6,973.67

Total Assets.............$ 8,868,428.29

LIABILITIES

Demand deposits........$ 3,033,197.87

Time and savings deposits. . . 4,140,770.87

Deposits of U.S. Government... . . . . 42,308.69

DeP<?s!ts of States and political sub

diVISIOnS 686,843.83

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

None

Certified end officers' checks, etc..

320.67

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand

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

None

Other liabilities.............. 268,180.04

Capital notes and debentures.....

None

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

None

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

Surplus................... 300,000.00

Undivided profits.............. 196,806.32

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

None

Total Liabilities.............$ 8,868,428.29

68

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

cash items in process of coUection..$ 1,420,009.99

United States Government obliga-

tions, direct and guaranteed . . . 1,472,712.50

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 833,123.95

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. 4,297,150.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . 8,061,340.33

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 301,165.79

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

50,332.20

Total Assets............$16,435,834.76

LIABILITIES

Demand deposits.........$ 7,069,924.76

Time and savings deposits. . . . . . 4,414,589.60

Deposits of U.S. Government....... 264,311.85

De~s!ts of States and political sub-

diVISions................... 3,217,928.52

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

None

Certified and officers' checks, etc.. 164,439.89

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other liabilities. . . ......... 329,484.57

Capital notes and debentures...... .

None

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

None

Common stock............... 478,000.00

Surplus.................. 460,000.00

Undivided profits........... 37,155.57

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

None

Total Liabilities........$16,435,834.76

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$ 948,381.75

United States Government obliga-

tions, direct and guaranteed . . . . . . 2,555,638.30

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 1,150,324.64

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.. . . . . . . . . . . . . . . . . . . . . . . 3,785,353.57

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 182,111.07

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . . 43,218.60

Total Assets..............$ 8,665,027.93

LIABILITIES

Demand deposits.............$ 3,267,433.97

Time and savings deposits. . . . . . . . 2,891,802.22

Deposits of U.S. Government. . . . . . 184,830.67

Dep<!s!ts of States and political sub

diVISIOnS................... 1,190,836.59

Deposits of banks............... . 100,000.00

Certified and officers' checks, etc.. .

3,559.62

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

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

None

Other liabilities................ . 414,135.12

Capital notes and debentures...... .

None

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

None

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

Surplus....................... 300,000.00

Undivided profits............... . 112,429.74

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

None

Total Liabilities...............$ 8,665,027.93

FORTY-NINTH ANNUAL REPORT

69

STATEMENT

Showing condition at the close of business December 31, 1968, 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, SR. Cashier.
Began Business: 3-1-1920

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 683,525.46

United States Government obliga

tions, direct and guaranteed . . . 1,160,268.36

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 215,157.91

Securities of Federal agencies and

cuo.srp.o.ra.t.io.n.s. . n. o. t. . .g.u.ar.a.n.t.ee.d. . .b.y. 250,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . 774,028.84

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 124,999.00

Real estate owned other than bank

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

1.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

None

Total Assets.............$ 3,207,980.57

LIABILITIES

Demand deposits.........$ 1,660,878.69

Time and savings deposits. . . . . . 361,299.70

Deposits of U.S. Government....... 586,208.38

De~s!ts of States and political sub

diVISIOnS................. 192,696.57

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

None

Certified and officers' checks, etc... 15,435.09

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.....

None 18,828.26
None

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

None

Common stock............... 120,000.00

Surplus..................... 130,000.00

Undivided profits.............. 122,633.88

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

None

Total Liabilities...........$ 3,207,980.57

STATEMENT Showing condition at the close of business December 31, 1968, of

THE FARMERS BANK Forsyth (Monroe), Ga.

As called for by the Superintendent of Banks

R. 0. PERSONS, JR., President.
Date of Charter: 3-9-1910

SHIRLEY J. WINTERS Cashier.
Began Business: 1910

ASSETS

LIABILITIES

Cash, balances with other banks, and

Demand deposits...............$ 1,170,11 5.27

cash items in process of collection..$ 271,307.68

Time and savings deposits. . . . . . . . . 1,781,921.71

United States Government obliga-

Deposits of U.S. Government....... 176,658.12

tions, direct and guaranteed ..... . 626,161.28

Dep'?s!ts of States and political sub

Obliga~i~>J!s of States and political

dJVJSIOns.................... 307,353.93

SUbdiVISIOnS . . . . . . . . . . . . . . . . Securities of Federal agencies and

None

Deposits of banks............... . Certified ~nd officers' checks, etc.. .

None 3,302.28

t~1.o~~t~~~~ . ~~~ . gu~~~t.e~~..~~ 375,000.00

Other liabilities for borrowed money. Acceptances exe.uted by or for ac-

None

Other securities, corporate stocks and

count of this bank and outstand-

stock in Federal Reserve Bank..... Loans and discounts, including over-

None

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

None None

drafts....................... . 2,311,362.90 Bank premises, furniture and fixtures,

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

None None

and other assets representing bank

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

premises.................... . 124,649.10 Real estate owned other than bank

Surplus....................... . 125,000.00 Undivided profits............... . 37,649.18

premises.................... Customers' liability to this bank on

None

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

None

acceptances outstanding........ . Other assets. . ................. .

None 18,519.53

_ _ _ ' Total Assets.................$ 3,727,000.49
_ - -- - - - ____..

T-ota-l Li-abi-liti-es.-...-.-..-...-..-..S-3,727,000.49

70

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 10-15-1908

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 703,931.07

United States Government obliga-

tions, direct and guaranteed . . 721,264.71

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 865,247.81

Securities of Federal agencies and

cuo.srp.o.r.a.ti.o.n.s..n.o.t..g.u.a.r.a.n.te.e.d..b.y. 1,104,392.20

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts....... : ............. 2,063,357.93

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 22,182.00

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets...............$ 5,480,375.72

LIABILITIES

Demand deposits........$ 1,878,211.06

Time and savings deposits. . . . . . . 2,376,158.85

Deposits of U.S. Government....... 29,598.48

Dep<?s!ts of States and political sub-

daVJsaons............... 716,591.40

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

None

Certified and officers' checks, etc... 52,908.66

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities................ 62,887.95

Capital notes and debentures.....

None

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

None

Common stock................ 100,000.00

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

Undivided profits............... 39,019.32

Reserves.................. 75,000.00

Total Liabilities..........$ 5,480,375.72

STATEMENT

Showing condition at the close of business December 31, 1968, 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

Cash, balances with other banks, and

cash items in process of collection..$ 350,083.35

United States Government obliga-

tions, direct and guaranteed ..... 1,202,922.03

Obligations of States and political

subdivisions............... 304,139.21

Securities of Federal agencies and

t~1.o~~t~~~~ . ~~~ . gu-~~~t~~~ ..~~ 600,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts...................... 495,229.74

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 59,560.92

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. . ................ . 1,123.72

Total Assets...........$ 3,013,058.97

LIABILITIES

Demand deposits.............$ 1,327,622.30

Time and savings deposits. . . . . . . . 922,790.16

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

9,014.63

Dep<?s!ts of States and political sub-

daVJSaons............... 387,272.21

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

None

Certified and officers' checks, etc...

7,063.28

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

5,656.72

Capital notes and debentures...... .

None

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

None

Common stock................ 100,000.00

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

Undivided profits............. 93,639.67

Reserves................... 60,000.00

Total Liabilities.............$ 3,013,058.97

FORTY-NINTH ANNUAL REPORT

71

STATEMENT

Showing condition at the close of business December 31, 1968, of

FORT OGLETHORPE STATE BANK Ft. Oglethorpe (Catoosa), Ga.

As called for by the Superintendent of Banks

L. D. LEDFORD, President.
Date of Charter: 12-4-1963

SARAH B. PARKER, Cashier.
Began Business: 8-7-1964

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 793,810.43

United States Government obliga-

tions, direct and guaranteed ... 449,676.96

Obligations of States and political

subdivisions............. 164,819.02

Securities of Federal agencies and

u~~o~~t~~~~. ~~~. -g~~~~t~~~. -~~ 400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

5,788.50

Loans and discounts, including over-

drafts................. 2,050,558.15

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 73,802.43

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding..

None

Other assets...

193.42

Total Assets.........$ 3,938,648.91

LIABILITIES

Demand deposits......$ 1,109,213.08

Time and savings deposits. . . . . 2,284,181.56

Deposits of U.S. Government....... 63,463.42

Dep'!s!ts of States and political sub-

diVISions......... 247,801.45

Deposits of banks.....

None

Certified and officers' checks, etc... 22,369.23

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

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

838.82

Capital notes and debentures......

None

Preferred stock.....

None

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

Surplus.......... 30,000.00

Undivided profits....... 30,781.35

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

None

Total Liabilities....$ 3,938,648.91

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF FORT VALLEY Fort Valley (Peach), Ga.

As called for by the Superintendent of Banks

ALBERT McCOWEN, JR., President.
Date of Charter: 1(~11-1924

J. EDWARD TYSON, Cashier.
Began Business: 10-15-1924

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 987,519.66

United States Government obliga-

tions, direct and guaranteed . . 1,446,658.06

Obliga!io;>'!s of States and political

subdiVISIOns. . . . . . . . . . . . . . . . . . . 1,754,473.96

Securities of Federal agencies and

~r.~~t~~~~. ~~~ ..g.u~~~t-e~~- -~~ 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts.. . . . . . . . . . . . . 5,068,616.44

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . 320,544.69

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . . 19,809.08

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . . 39,270.22

Total Assets.......$ 9,936,892.11

LIABILITIES

Demand deposits...............$ 3,296,996.84

Time and savings deposits. . 3,486,239.70

Deposits of U.S. Government....... 136,065.39

De~&!ts of States and political sub-

daVISlons................. 1,854,214.85

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

None

Certified ::nd officers' checks, etc.. 37,075.70

Other liabilities for borrowed money. Acceptances exe~uted by or for ac-

None

count of this bank and outstand

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

None

Other liabilities................ 169,753.86

CapitaI notes and debentures...

None

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

None

Common stock................ 300,000.00

Surplus................. 400,000.00

Undivided profits....... 256,545.77

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

None

Total Liabilities.............$ 9,936,892.11

72

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE CITIZENS BANK Fort Valley (Peach), Ga.

As called for by the Superintendent of Banks

C. E. MOORE, President.
Date of Charter: 12-14-1906

WM. H. HUCKABEE, Cashier.
Began Business: 1-1-1907

ASSETS

Cash, balances with other banks, and

cash items in process of coUection..$ 701,446.66

United States Government obliga-

tions, direct and guaranteed . . 981,186.64

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 1,083,789.63

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. 124,390.63

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . 3,679,876.88

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 198,984.98

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . 18,342.97

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . 30,328.08

Total Assets............$ 6,818,346.47

LIABILITIES

Demand deposits.......$1,987,436.88

Time and savings deposits...... 3,019,939.00

Deposits of U.S. Government....... 70,226.63

Dep~s!ts of States and political sub-

divJSJons.................. 764,664.21

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

None

Certified and officers' checks, etc. 47,883.33

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............ 296,846.62

Capital notes and debentures...... .

None

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

None

Common stock................ 120,000.00

Surplus..................... 280,000.00

Undivided profits............ 231,349.80

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

None

Total Liabilities...........$ 6,818,346.47

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF HEARD COUNTY Franklin (Heard), Ga.

As called for by the Superintendent of Banks

T. W. GOODSON, SR., President.
Date of Charter: 10-14-1905

THOMAS W. GOODSON, JR., Cashier.
Began Business: 10-18-1905

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 454,291.48

United States Government obliga-

tions, direct and guaranteed . . . . . 1,029,507.11

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 93,334.51

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. 549,937.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . . . 820,435.11

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 40,864.99

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

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

None

Total Assets.................S 2,988,370.70

LIABILITIES

Demand deposits............$ 1,011,038.26

Time and savings deposits. . . . . . . . . 1,238,867.28

Deposits of U.S. Government....... 17,019.43

Dep~s!ts of States and political sub

diVISIOnS 385,063.27

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

None

Certified and officers' checks, etc...

9,090.53

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

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

None

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

1,150.32

Capital notes and debentures......

None

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

None

Common stock............... 50,000.00

Surplus....................... 175,000.00

Undivided profits............... . 51,141.61

Reserves..................... 50,000.00

Total Liabilities...............S 2,988,370.70

FORTY-NINTH ANNUAL REPORT

73

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE CITIZENS BANK Gainesville (Hall), Ga.

As called 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..$ 1,850,903.20

United States Government obliga

lions, direct and guaranteed . . 1,592,382.82

Obliga!i~J!S of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . . 428,109.21

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. 1,650,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 155,000.00

Loans and discounts, including over

drafts........................ 7,952,632.91

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 111,124.70

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

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

3,831.96

Total Assets...............$13,743,984.80

LIABILITIES

Demand deposits...........$ 6,089,158.54

Time and savings deposits. . . . . . . 5,299,251.26

Deposits of U.S. Government....... 237,896.07

Dep'?s!ts of States and political sub-

diVISIOns............... 998,958.69

Deposits of banks........

620.88

Certified and officers' checks, etc...

7,009.21

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 101,682.43

Capital notes and debentures.....

None

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

None

Common stock................ 600,000.00

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

Undivided profits............... 209,407.72

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

None

Total Liabilities..........$13,743,984.80

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF GIBSON Gibson (Glascock), Ga.

As called for by the Superintendent of Banks

E. E. GRIFFIN, JR., President.
Date ofCharter: 11-7-1905

MARY F. GRIFFIN, Cashier.
Began Bus_!ness: 11-27-1905

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ..... .
Obliga!i~J!S of States and political SUbdiVISIOnS.................. .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. . b.y.
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 acceptances outstanding........ .
Other assets...................

296,243.48 783,308.50 115,506.38
None None 144,692.23
12,500.00 None 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 ::nd 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 . . . . . . . . . . . . . . . . . . . . . .

780,883.16 455,000.00
None
None None 1,556.55 None
None None None None 25,000.00' 75,000.00 14,810.88 None

Total Assets.................$ 1,352,250.59

Total Liabilities..............S 1,352,250.59

----- --'---- ------------

74

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

CITIZENS BANK Glennville (Tattnall), Ga.

As called for by the Superintendent of Banks

J.D. KICKLIGHTER, President.
Date of Charter: 12-31-1942

MRS. MARGARET D. BACON, Cashier.
Began Business: 1-4-1943

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 214,784.91

United States Government obliga-

tions, direct and guaranteed . . . . 596,440.74

Obligations of States and political

subdivisions. . . . . . . . . . . . . 174,091.95

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. 449,812.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 1,547,868.18

Bank premises, furniture and fixtures,

and other assets representing bank

premises..................... 17,319.21

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

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

None

Total Assets.............$ 3,000,317.49

LIABILITIES

Demand deposits.......$ 865,773.14

Time and savings deposits. . . . . . . 1,306,957.62

Deposits of U.S. Government... :. 15,799.14

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

diVISions........... 478,126.97

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

None

Certified and officers' checks, etc.

5,889.88

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............ 36,216.90

Capital notes and debentures....

None

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

None

Common stock............ 60,000.00

Surplus............. 120,000.00

Undivided profits.......... 111,553.84

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

None

Total Liabilities.......$ 3,000,317.49

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection.$ 698,835.26

United States Government obliga-

tions, direct and guaranteed ... 507,725.53

Obligations of States and political

subdivisions. . ........... 378,117.10

Securities of Federal agencies and

~r.~~t~~~s.. ~~~ ..g.u~~~t~~~. -~~ 399,875.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts.................. 3,638,305.77

Bank premises, furniture and fixtures,

and other assets representing bank

premises................. 110,542.95

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding......

None

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

2,430.34

Total Assets............$ 5,735,831.95

LIABILITIES

Demand deposits.........$ 1,935,661.39

Time and savings deposits..... 2,842,987.75

Deposits of U.S. Government...... 23,021.34

Dep~s!ts of States and political sub-

dJVJSJons............. 403,738.55

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

None

Certified and officers' checks, etc... 33,013.51

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities............. 30,057.34

Capital notes and debentures......

None

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

None

Common stock.............. 100,000.00

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

Undivided profits............. 167,352.07

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

None

Total Liabilities........$ 5,735,831.95

FORTY-NINTH ANNUAL REPORT

75

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 455,517.60

United States Government obliga-

tions, direct and guaranteed . . . 497,221.00

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 128,125.75

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. 604,796.88

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts........................ 1,515,978.06

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 85,783.02

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

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

None

Total Assets............$ 3,287,422.31

LIABILITIES

Demand deposits..........$ 981,523.31

Time and savings deposits. . . . . . 1,546,899.30

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

2,840.00

Depl!s!ts of States and political sub-

diVISions................. 431,461.08

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

None

Certified and officers' checks, etc...

3,137.01

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............. 70,000.00

Surplus................... 130,000.00

Undivided profits........... 121,561.61

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

None

Total Liabilities......$ 3,287,422.31

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF GRAY Gray (Jones), Ga.

As called for by the Superintendent of Banks

THAD. G. CHILDS, President.
Date of Charter: 8-23-1909

MRS. VENTURIA A. LAZENBY, Cashier.
Began Business: 8-28-1909

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
t~~o~~t~~~~ . ~~~ ..g~~~~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. . ..............

764,884.39 536,287.42 371,526.85
200,000.00 None
978,932.82
36,956.93 None None None

LIABILITIES

Demand deposits......$ 1,226,486.36

Time and savings deposits. . . . . . . . . 563,110.33

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

3,775.49

DePI!s!ts of States and political sub-

diVISions.............. 768,997.38

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

None

Certified ::nd officers' checks, etc... 31,937.38

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand-

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

None

Other liabilities.... .......... 76,120.00

Capital notes and debentures.....

None

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

None

Common stock................. 50,000.00

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

Undivided profits.............. 68,161.47

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

None

Total Assets.................$ 2,888,588.41

Total Liabilities...........$ 2,888,588.41

-------------------'-----------------------

76

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF GREENSBORO Greensboro (Greene), Ga.

As called for by the Superintendent of Banks

G.R.BROOK, President.
Date of Charter: I0-13-1926

L. C. MITCHELL, Cashier.
Began Business: 10-14-1926

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 512,412.01

United States Government obliga-

tions, direct and guaranteed . . 617,273.75

Obliga~i'?'!s of States and political

subdiVISIOnS. . . . . . . . . . . . 481,716.44

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. 770,093.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . 2,662,504.03

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . 142,456.10

Real estate owued other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

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

None

Total Assets...........$ 5,186,456.08

LIABILITIES

Demand deposits....$ 1,417,898.31

Time and savings deposits. . . . . 2,945,962.35

Deposits of U.S. Government....... 45,338.19

Dep<?s!ts of States and political sub-

diVJSJons................... .. 298,614.48

Deposits of banks........ 50,000.00

Certified and cfficers' checks, etc.. 26,536.78

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

520.00

Capital notes and debentures....

None

Preferred stock.......

None

Common stock........... 100,000.00

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

Undivided profits..... 51,585.97

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

None

Total Liabilities...$ 5,186,456.08

STATEMENT Showing condition at the close of business December 31, 1968, 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.
Began Business: 4-1-1946

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 242,647.69

United States Government obliga-

tions, direct and guaranteed .. 303,247.72

Obligations of States and political

subdivisions................ 242,620.15

Securities of Federal agencies and

b~w."~~t~~~~ . ~~~ ..g.u~~~~t.e~~~~ 864,362.32

Other securities, corporate stocks and

stock in Federal Reserve Bank.... Loans and discounts, including over-

None

drafts....................... . 1,226,495.94

Bank premises, furniture and fixtures,

and other assets representing bank

premises................. 59,149.28

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . Customers' liability to this bank on

None

acceptances outstanding...... Other assets...............

None 5,040.85

Total Assets................$ 2,943,5 63.95

LIABILITIES

Demand deposits.......$ 932,258.41

TDiempoesaitnsdosfauvi.nsg.sGdoepvoesrintsm. en.t.....

.. ....

1,402 994.63 12:527.94

De!'<?s!ts of States and political sub-

diVISIOns................... .. 274,571.83

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

None

Certified and officers' checks, etc...

6,759.28

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

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

9,169.59

Capital notes and debentures...... .

None

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

None

Common stock................ 75,000.00

Surplus................... 87,500.00

Undivided profits........... 142,782.27

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

None

Total Liabilities...............$ 2,943,563.95

FORTY-NINTH ANNUAL REPORT

77

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE GREENVILLE BANKING COMPANY Greenville (Meriwether), Ga.

As called for by the Superintendent of Banks

R. J. ATKINSON, President.
Date of Charter: 10-24-1887

JOHN B. THOMAS, JR., Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 579,740.77

United States Government obliga-

tions, direct and guaranteed . 678,971.60

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 293,985.99

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. 485,145.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over-

drafts........................ 1,215,009.32

Bank premises, furniture and fixtures,

and other assets representing bank

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

9,479.78

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

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

3,351.15

Total Assets......$ 3,265,683.61

LIABILITIES

Demand deposits........$ 1,061,699.55

Time and savings deposits. . . . . . . . 1,205,546.36

Deposits of U.S. Government...... . 36,281.33

Dep~s!ts of States and political sub-

diVISIOns................... .. 683,135.03

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

None

Certified and officers' checks, etc... 12,954.66

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other liabilities.............. 23,689.50

Capital notes and debentures....

None

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

None

Common stock............. 50,000.00

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

Undivided profits........ 92,377.18

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

None

Total Liabilities......$ 3,265,683.61

STATEMENT Showing condition at the close of business December 31, 1968, of

THE BANK OF GRIFFIN Griff'm (Spalding), Ga.

As called for by the Superintendent of Banks

J. L. SAVAGE, President.
Date of Charter: 6-8-1967

ALEX M. STEWART, SR., Cashier.
Began Business: 8-16-1968

ASSETS

LIABILITIES

Cash, balances with other banks, and

cash items in process of collection.$ 388,142.18

United States Government obliga-

tions, direct and guaranteed ..... 659,150.88

Obliga!i~f!S of States and political

subdiVISions . . . . . . . . . . . . .

None

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ ..g.u~~~t~~~.~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 1,180,100.30

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 221,783.62

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets.................. 18,884.85

Demand deposits.............$ Time and savings deposits...... Deposits of U.S. Government..... Dep~s!ts of States and political sub-
diVISions................... .. Deposits of banks............ Certified ::nd 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..................... ..

881,664.73 380,679.41
60,057.23
375,000.00 220,000.00
52,349.88 None
None 23,299.82
None None 250,000.00 150,000.00 75,010.76 None

________________ __________________ Total Assets................$ 2,468,061.83 _.__

Total Liabilities...............S 2,468,061--.83.

78

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

COMMERCIAL BANK & TRUST COMPANY Griffin (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..$ 3,114,006.29

United States Government obliga.

tions, direct and guaranteed . . . . 7,401,895.23

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . 5,761,124.57

Securities of Federal agencies and

corporations not guaranteed by

u.s. . . . . . . . . . . . . . . . . . . . . . . . . 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 21,319,979.58

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 620,226.45

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

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

None

LIABILITIES

Demand deposits........$10,752,871.00

Time and savings deposits....... 19,065,741.89

Deposits of U.S. Government. . . . . 44,324.00

Dep<?s!ts of States and political sub

diVISIOnS................. 3,190,437.20

Deposits of banks............ 691,645.24

Certified anJ officers' checks, etc.. 393,186.90

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

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

None

Other liabilities.............. 1,712,569.90

Capital notes and debentures......

None

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

None

Common stock............... 800,000.00

Surplus................... 1,400,000.00

Undivided profits............ 266,455.99

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

None

Total Assets............$38,317,232.12

Total Liabilities............$ 38,317,232.12

STATEMENT

Showing condition at the close of business December 31, 1968, 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 obligations, direct and guaranteed . . . .
Obliga~i<;~~s of States and political SUbdiVISIOnS. . . . . . . . . . . . . . . .
Securities of Federal agencies and
b~1.o~~t~~~~. ~~~ ..g.u~~~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. . . . . . . . . . . . . . . .

405,270.66 102,000.00 40,369.79
None None 531,228.54
54,726.53 None None
2,909.76

Total Assets..............$ 1,136,505.28

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

654,354.88 167,404.99
2,315.88
148,444.48 None
18,989.87 None
None None None None 25,000.00 95,000.00 24,995.18 None

Total Liabilities...........$ 1,136,505.28

FORTY-NINTH ANNUAL REPORT

79

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 583,855.59

United States Government obliga-

tions, direct and guaranteed . . . . 113,894.18

Obliga~i~'!s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . 128,803.32

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. 49,015.63

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 300,000.00

Loans and discounts, including over-

drafts................... 1,892,547.31

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 52,798.39

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . . 22,600.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . 15,000.00

Other assets. . . . . . . . .

None

Total Assets......$ 3,158,514.42

LIABILITIES

Demand deposits.......$ 1,266,751.83

Time and savings deposits. . . . . . . . 1,418,509.44

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

1,960.00

Dep<?s!ts of States and political sub-

diVISIOns.................... . 138,761.73

Deposits of banks............ 63,266.54

Certified and officers' checks, etc...

None

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....................... 15,000.00

Other liabilities................ 52,467.11

Capital notes and debentures......

None

Preferred stock....

None

Common stock................. 50,000.00

Surplus....................... . 125,000.00

Undivided profits............... 26,797.77

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

None

Total Liabilities....$ 3,158,514.42

STATEMENT Showing condition at the close of business December 31, 1968, of

COMMERCIAL BANKING COMPANY Hahira (Lowndes), Ga.

As called for by the Superintendent of Banks

V. A. GASKINS, President.
Date ofCharter: 1-29-1945

BOBBY G. WETHERINGTON, Cashier.
Began Business: 4-5-1945

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
~1.o~~t~~~~ . ~~~ ..g~~~~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...................

138,594.79 505,991.95
None
100,000.00 None
756,771.84
32,265.71 None 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 Gnd 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 . . . . . . . . . . . . . . . . . . . . .

504,038.96 800,520.61
None
80,607.16 25,000.00
5,643.77 None
None 22,679.63
None None 25,000.00 60,000.00 10,134.16 None

Total Assets...........$ 1,533,624.29

Total Liabilities.............$ 1,533,624.29

-------------------------------------L----------------~--------------------

80

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 2-1-1966

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
cuo.rsp.o.r.a.ti.o.n.s ..n.o.t..g.u.a.r.an.t.e.e.d..b.y.
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................

361,241.42 354,963.06
None
48,750.00 None
682,849.10
12,127.01 None None None

Total Assets...........$ 1,459,930.59

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

436,025.30 703,906.06
3,572.93
192,029.06 None
8,027.47 None
None 84.65 None None 50,000.00 30,000.00 36,285.12 None

Total Liabilities..........$ 1,459,930.59

STATEMENT Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 1,842,673.88

United States Government obliga-

tions, direct and guaranteed ... 1,802,736.95

Obligations of States and political

subdivisions.............. 2,444,523.74

Securities of Federal agencies and

t~?'~~t~~~~ . ~~~ . gu~~~t.e~~.~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts..................... 8,445,703.51

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 204,725.18

Real estate owned other than bank

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

None

Customers' liability to this bank on

acceptances outstanding........ .

425.00

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

87,353.73

Total Assets.................$14,928,141.99

LIABILITIES

Demand deposits...........$ 6,647,069.26

Time and savings deposits. . . . . . . 4,360,544.80

Deposits of U.S. Government....... 151,777.32

Dep~s!ts of States and political sub-

dJvtsJons. . . . . . . . . . . . . . . . . 1,904,453.80

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

9,500.00

Certified and officers' checks, etc. . . 53,322.58

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities............... 397,526.55

Capital notes and debentures...... .

None

Preferred stock................

None

Common stock................. . 800,000.00

Surplus....................... . 200,000.00

Undivided profits............... 403,947.68

Reserves...................... .

None

Total Liabilities...............$14,928,141.99

FORTY-NINTH ANNUAL REPORT

81

STATEMENT

Showing condition at the close of business December 31, 1968, 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

Cash, balances with other banks, and

cash items in process of coUection.$ 971,873.55

United States Government obliga

tions, direct and guaranteed . . . . 688,789.00

Obligations of States and political

subdivisions. . . . . . . 129,048.04

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. 299,706.25

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

2,000.00

Loans and discounts, including over

drafts........................ 1,077,777.14

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 12,523.55

Real estate owned other than bank

premises. . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other assets. . . . . . . . . . . . . . . . . .

None

Total Assets................$ 3,181,717.53

LIABILITIES

Demand deposits......$ 1,305,111.26

Time and savings deposits. . . . 722,389.56

Deposits of U.S. Government....... 37,093.25

Dep<!s!ts of States and political sub

diVISIOnS................. 768,726.23

Deposits of banks.........

None

Certified and officers' checks, etc..

495.02

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing.................

None

Other liabilities............

5,606.65

Capital notes and debentures...... .

None

Preferred stock......

None

Common stock............ 50,000.00

Surplus................ 200,000.00

Undivided profits.............. 92,295.56

Reserves............

None

Total Liabilities...........$ 3,181,717.53

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF HARTWELL Hartwell (Hart), Ga.

As called for by the Superintendent of Banks

J. H. WRIGHT, President.
Date of Charter: 5-15-1961

SIMS HILL, Cashier. Began Business: 11-9-1961

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 489,776.26

United States Government obliga
tions, direct and guaranteed ..... . 1,246,67 I. so

Obliga!i?J!S of States and political

SUbdiVISIOnS. . ............ 190,907.59

Securities of Federal agencies and

~r.~~t~~~s.. ~~~ ..g.u~~~t~~~. -~~ 674,765.63

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over

drafts.................... 1,637,860.46

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... .

71,036.25

Real estate owned other than bank

premises....................

None

Customers' liability to this bank on

acceptances outstanding........ . Other assets...................

None 4,152.69

Total Assets.................$ 4,315,170.38

LIABILITIES

Demand deposits.........$ 1,322,131.03

Time and savings deposits........ 1,739,468.27

Deposits of U.S. Government...... . 46,569.71

Dep<!s!ts of States and political sub

diVISIOnS................ 826,693.37

Deposits of banks..............

None

Certified ::.nd officers' checks, etc...

12.54

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand

ing......................... .

None

Other liabilities................ . 39,598.16

Capital notes and debentures.....

None

Preferred stock.................

None

Common stock............... 150,000.00

Surplus................. 100,000.00

Undivided profits.............

90,697.30

Reserves...................... .

None

Total Liabilities.............S 4,315,170.38

82

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection.$ 1,219,090.17

United States Government obliga-

tions, direct and guaranteed . 1,593,677.80

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 998,428.39

Securities of Federal agencies and

cuo.srp. o.ra.t.io.n.s. . n. o. t. . .g.u.ar.a.n.t.ee. d. . .b.y. 770,187.32

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 5,312,502.54

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . 100,000.00

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . .

None

Total Assets...............$ 9,993,886.22

LIABILITIES

Demand deposits...........$ 3,837,025.63

Time and savings deposits. . . . . . . 4,620,693.63

Deposits of U.S. Government....... 125,609.09

De~s!ts of States and political sub-

diviSions.................. 598,681.59

Deposits of banks............

None

Certified and officers' checks, etc.. 30,289.60

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................... 100,000.00

Undivided profits........... 100,000.00

Reserves.................... 381,586.68

Total Liabilities...........$ 9,993,886.22

STATEMENT Showing condition at the close of business December 31, 1968, of

PLANTERS BANK Hawkinsville (Pulaski), Ga.

As called for by the Superintendent of Banks

DON C. CRAFTON, President.
Date of Charter: 2-27-1896

OTIS R. MAYO, Cashier.
Began Business: 3-1896

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 692,199.98

United States Government obliga-

tions, direct and guaranteed . . . . . 1,992,764.92

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 1,219,479.29

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. . . . . . . . . . . . . . . . . . . . . . . 2,850,256.23

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 117,122.16

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . .

604.41

LIABILITIES

Demand deposits...........$ 2,536,706.23

Time and savings deposits. . . . . . . 3,235,843.38

Deposits of U.S. Government.......

9,417.45

Dep<!s!ts of States and political sub-

diVISIOns................... 486,473.62

Deposits of banks..............

None

Certified and officers' checks, etc.. 28,648.78

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.............. 25,000.00

Reserves.................... 250,337.53

Total Assets...............$ 6,872,426.99

Total Liabilities............$ 6,872,426.99

FORTY-NINTH ANNUAL REPORT

83

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection.$ 568,831.86

United States Government obliga-

tions, direct and guaranteed . . . 851,716.35

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 134,378.35

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 230,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........ . . . . . . . . . . 2,352,023.80

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 73,494.57

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . . . .

None

Total Assets...........$ 4,210,444.93

LIABILITIES

Demand deposits..........$ 1,451,454.35

Time and savings deposits. . . . . . 1,976,039.37

Deposits of U.S. Government.......

None

Dep~s!ts of States and political sub-

divtslons......... 474,924.73

Deposits of banks....

None

Certified and officers' checks, etc... 25,591.16

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..............

None

Other liabilities............ 21,435.32

Capital notes and debentures...

None

Preferred stock............

None

Common stock............ 100,000.00

Surplus................. 100,000.00

Undivided profits.......... 61,000.00

Reserves. . . . . . . . . . . . . . . . .

None

Total Liabilities......$ 4,210,444.93

STATEMENT Showing condition at the close of business December 31, 196M, of

BANK OF HAZLEHURST Hazlehurst (Jeff Davis), Ga.

As called for by the Superintendent of Banks

CHARLES 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 collection..$ 982,759.61

United States Government obliga-

tions, direct and guaranteed ..... . 1,840,290.11

Obliga!i~f!S of States and political

SUbdiVISIOnS . . . . . . . . . . . .

8,987.61

Securities of Federal agencies and

t~1.o~~t~~~~ . ~~~ ..g.u~~~t-e~~.~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts...................... 1,326,467.04

Bank premises, furniture and fixtures,

and other assets representing bank

premises. ................. ., ..

2.00

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

1.00

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. . ................ 30,893.27

LIABILITIES

Demand deposits.............$ 2,703,793.89

Time and savings deposits. . . . 381,745.68

Deposits of U.S. Government....... 154,558.11

Dep~s!ts of States and political sub-

diVISIOns................... 437,237.97

Deposits of banks..........

None

Certified ~nd officers' checks, etc... 40,639.29

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

ing . . . . . . . . . . . . . . . . . . .

None

Other liabilities............. 54,449.93

Capital notes and debentures......

None

Preferred stock................

None

Common stock................ 100,000.00

Surplus................... 150,000.00

Undivided profits.............. 116,974.77

Reserves................... 50,000.00

___T_o_ ta_l _A_ss_e_ts_._ . _ _ . ._._._._._ . ._._._._._ ._ .$__ 4,_1_ 89_,_3_ 99_._6_ 4 __L_____T_o_t_al_L_i_a_ bi_li_ti_ es_._._ _ _ _ . ._._._._ . ._._._ .$_4_,_ 1_ 89_,_ 3_ 99_._64_

84

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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, JR., Cashier.
Began Business: 12-1-1962

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 505,626.76

United States Government obliga-

tions, direct and guaranteed . . . 1,370,266.39

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 178,071.34

Securities of Federal agencies and

u.s. corporations not guaranteed by 0 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0

650,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts........ . . . . . . . . . . . . 1,834,239.06

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . 26,426.47

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . . .

5,232.10

Total Assets............$ 4,569,862.12

LIABILITIES

Demand deposits......$ 1,632,467.40

Time and savings deposits. . . . . 1,835,445.08

Deposits of U.S. Government....... 223,403.69

Dep<?s!ts of States and political sub-

diviSions............... 297,028.42

Deposits of banks......... 11,755.42

Certified and officers' checks, etc.. 103,518.73

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ing....................

None

Other liabilities............ 63,819.81

Capital notes and debentures.....

None

Preferred stock........

None

Common stock................ 100,000.00

Surplus................. 150,000.00

Undivided profits.......... 84,029.68

Reserves.............. 68,393.89

Total Liabilities.........$ 4,569,862.12

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 727,262.26

United States Government obliga-

tions, direct and guaranteed . . . 1,022,963.85

Obliga!i'?J!S of States and political

subdiVISions. . . . . . . . . . . 349,415.70

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.................... 1,999,769.77

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 30,483.47

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . .

None

Total Assets..............$ 4,129,895.05

LIABILITIES

Demand deposits.............$ 2,064,237.26

Time and savings deposits. . . . . . . 1,442,975.27

Deposits of U.S. Government.......

3,948.24

Dep<?s!ts of States and political sub-

diVISions................. 162,189.96

Deposits of banks............

None

Certified and officers'. checks, etc... 34,368.05

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities............... 39,633.41

Capital notes and debentures......

None

Preferred stock.................

None

Common stock.............. 100,000.00

Surplus..................... 50,000.00

Undivided profits.............. 232,542.86

Reserves. ..................... .

None

Total Liabilities.............$ 4,129,895.05

FORTY-NINTH ANNUAL REPORT

85

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE HINESVILLE BANK Hinesville (Liberty), Ga.

As called for by the Superintendent of Banks

D. F. MARTIN, JR., President.
Date ofCharter: 9-4-1911

JAS. M. FLOYD, Cashier.
Began Business: 11-15-1911

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 1,214,035.15

United States Government obliga

tions, direct and guaranteed . . . 1,792,001.41

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 780,541.70

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. 350,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over

drafts........................ 2,682,132.0f

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 143,005.00

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

5,750.29

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . 21,341.44

Total Assets...........$ 6,988,807.05

LIABILITIES

Demand deposits........$ 2,805,056.53

Time and savings deposits. . . . 1,859,078.51

Deposits of U.S. Government....... 459,403.24

Dep~s!ts of States and political sub

diVISIOnS 1,118,608.10

Deposits of banks..........

None

Certified and officers' checks, etc. 25,752.14

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..................

None

Other liabilities........... 145,964.32

Capital notes and debentures......

None

Preferred stock..........

None

Common stock............. 150,000.00

Surplus................. 250,000.00

Undivided profits......... 71,944.21

Reserves............. 103,000.00

Total Liabilities........$ 6,988,807.OS

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 421,071.51

United States Government obliga-

tions, direct and guaranteed ..... . 692,481.75

Obligations of States and political

subdivisions.............. 58,096.97

Securities of Federal agencies and

t~r.~~t~~~s.. ~~~. gu~~~t.e~~. -~~ 224,437.50

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 30,000.00

Loans and discounts, including over-

drafts....................... 1,278,858.82

Bank premises, furniture and fixtures.

and other assets representing bank

premises.................... . 23,649.36

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... .

None

LIABILITIES

Demand deposits.............$ 1,223,197.06

Time and savings deposits. . . . . . . . 556,253.73

Deposits of U.S. Government....... 14,471.88

Dep~s!ts of States and political sub-

dJVJSJons................... 552,373.81

Deposits of banks..............

None

Certified ~nd officers' checks, etc... 19,618.59

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities................ . 144,182.56

Capital notes and debentures......

None

Preferred stock.............

None

Common stock................. 120,000.00

Surplus..................... 42,000.00

Undivided profits............... . 56,498.28

Reserves . . . . . . . . . . . . . . . . . . . . . .

None

Total Assets...............$ 2,728,595.91

Total Liabilities...............S 2,728,595.91

- - - - - _ __J__ _ - - - - - - - - - - -

86

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 615,388.79

United States Government obliga-

tions, direct and guaranteed ... 1,032,028.37

Obligations of States and political

subdivisions.................. . 353,517.48

Securities of Federal agencies and

cuo.rsp.o.r.a.ti.o.n.s ..n.o.t guara.n.t.e.e.d..b.y. 599,737.50

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts..................... 1,546,164.77

Bank premises, furniture and fixtures,

and other a~sets representing bank

premises.................. 48,350.57

Real estate owned other than bank

premises.................... .

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets................

None

Total Assets...............$ 4,195,187.48

LIABILITIES

Demand deposits............$ 1,481,365.50

Time and savings deposits....... 1,521,872.49

Deposits of U.S. Government...... . 23,801.07

Dep'!s!ts of States and political sub-

divtsJons................... 819,955.21

Deposits of banks..............

None

Certified and officers' checks, etc...

10,546.69

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..................

None

Other liabilities................ 76,497.81

Capital notes and debentures......

None

Preferred stock...............

None

Common stock.............. 100,000.00

Surplus....................... . 150,000.00

Undivided profits.............. 11,148.71

Reserves.................

None

Total Liabilities...........$ 4,195,187.48

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$ 496,979.77

United States Government obliga-

tions, direct and guaranteed . . . . . . 626,939.44

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 206,017.98

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. 533,993.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts...... . . . . . . . . . . . . . . . 1,134,144.35

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 22,343.84

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . .

None

Total Assets...............$ 3,020,419.13

LIABILITIES

Demand deposits.............$1,019,767.68

Time and savings deposits...... 1,216,460.72

Deposits of U.S. Government.. . . . . .

7,175.78

Dep'!s!ts of States and political sub-

dJVJSJons................. 522,323.22

Deposits of banks..............

None

Certified and officers' checks, etc...

6,683.96

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ing.......................

None

Other liabilities................ . 22,038.18

Capital notes and debentures.....

None

Preferred stock................

None

Common stock................. 50,000.00

Surplus...................... 150,000.00

Undivided profits............. 25,969.59

Reserves. . . . . . . . . . . . . . . . . . . . . .

None

Total Liabilities..............$ 3,020,419.13

FORTY-NINTH ANNUAL REPORT

87

STATEMENT

Showing condition at the close of business December 31, 1968, of

MciNTOSH STATE BANK Jackson (Butts), Ga.

As called for by the Superintendent of Banks

WILLIAM H. SHAPARD, 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..$ 536,072.07

United States Government obliga-

tions, direct and guaranteed . . . . . 480,508.02

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . .

None

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. 600,621.88

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . 1,978,433.28

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 90,549.73

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . 21,261.69

Total Assets............$ 3,707,446.67

LIABILITIES

Demand deposits........$ 932,049.05

Time and savings deposits.... 1,791,794.93

Deposits of U.S. Government.. . . . 114,492.37

Dep<?s!ts of States and political sub

diVISIOnS.................... . 416,330.85

Deposits of banks..............

None

Certified and officers' checks, etc..

2,298.21

Other lisbilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......................

None

Other lisbilities.............. 231,327.70

Capital notes and debentures.....

None

Preferred stock.............

None

Common stock............ 150,000.00

Surplus.................. 50,000.00

Undivided profits............ 37,153.56

Reserves..............

None

Total Liabilities......$ 3,707,446.67

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 869,005.48

United States Government obliga-

tions, direct and guaranteed ..... . 1,609,824.38

Obligations of States and political

subdivisions............... 111,768.17

Securities of Federal agencies and

t~?'~~t~~~~. ~~~ ..g.u~~~t.e~~- -~~ 1,024,900.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts....................... . 2,979,292.15

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 95,113.27

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. . .................

2,586.63

LIABILITIES

Demand deposits..........$ 2,711 ,861.08

Time and savings deposits. . . . . . 2,840,918.58

Deposits of U.S. Government. . . . . . . 78,865.68

Dep<?s!ts of States and political sub-

diVISIOns.............. 493,340.64

Deposits of banks..............

9,110.00

Certified &nd officers' checks, etc...

None

Other liabilities for borrowed money.

None

Acceptances exe.:uted by or for ac-

count of this bank and outstand-

ing......................

None

Other liabilities. : ........... 24,558.75

Capital notes and debentures......

None

Preferred stock................

None

Common stock.............. 200,000.00

Surplus..................... 200,000.00

Undivided profits............. 133,835.35

Reserves.....................

None

Total Assets.................$ 6,692,490.08

Total Liabilities.............$ 6,692,490.08

-----------------L------------------

88

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF JONESBORO Jonesboro (Clayton), Ga.

As called for by the Superintendent of Banks

C. S. CONKLIN, President.
Date of Charter: 10-6-1903

C. S. CONKLIN, II, Cashier.
Began Business: 11-7-1903

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,225,731.07

United States Government obliga-

tions, direct and guaranteed . 2,315,502.50

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 1,678,840.40

Securities of Federal agencies and

corporations not guaranteed by

u.s. . . . . . . . . . . . . . . . . . . . . . . . . 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . 3,852,470.28

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . 148,345.30

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . . 20,976.36

Total Assets............$ 9,341,865.91

LIABILITIES

Demand deposits......$ 4,145,185.89

Time and savings deposits. . . . 2,400,036.95

Deposits of U.S. Government....... 117,387.13

DefK!S!ts of States and political sub-

diviSions................ 1,543,582.71

Deposits of banks.............

None

Certified and officers' checks, etc... 31,567.67

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . .

None

Other liabilities......... 377,294.94

Capital notes and debentures......

None

Preferred stock..............

None

Common stock.............. 300,000.00

Surplus............... 350,000.00

Undivided profits........... 76,810.62

Reserves . . . . . . . . . . . .

None

Total Liabilities........$ 9,341,865.91

STATEMENT Showing condition at the close of business December 31, 1968, 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.
~egan Business: 12-1912

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 449,409.06 United States Government obliga-

tions, direct and guaranteed .... 677,505.75 Obligations of States and political

subdivisions. . . . . . . . . . . . . . . .

None

Securities of Federal agencies and

t~1.o~~t~~~~ . ~~~ ..g.u~~~t~~~.~~ 375,000.00
Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts..................... 1,913,152.09

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 23,949.06

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets..................

None

Total Assets................S 3,439,015.96

LIABILITIES

Demand deposits...........$ 781,759.67

Time and savings deposits. . . . . . . . 2,054,507.36

Deposits of U.S. Government. . . . . 11,141.59

DefK!S!ts of States and political sub

dtVIStOnS.................. 98,642.17

Deposits of banks............. 157,597.34

Certified and officers' checks, etc... Other liabilities for borrowed money.

10,780.19 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............... 100,000.00

Reserves...................... 24,587.64

Total Liabilities..............$ 3,439,015.96

FORTY-NINTH ANNUAL REPORT

89

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF LAFAYETI'E, GEORGIA LaFayette (Walker), Ga.
As called for by the Superintendent of Banks

C. M. 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 collection.$ 1,378,010.82

United States Government obliga-

tions, direct and guaranteed . . 1,749,656.26

Obligations of States and political

subdivisions. . . . . . . . . . . . . 1,946,480.87

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........................ 5,971,517.94

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . 174,513.01

Real estate owned other than bank

premises. . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets....................

1,179.14

Total Assets..........$11,221,358.04

LIABILITIES

Demand deposits..$ 4,533,481.15

Time and savings deposits. . . . . . 4,411,325.27

Deposits of U.S. Government....... 162,915.29

De~s!ts of States and political sub

diVISIOnS 685,543.32

Deposits of banks....

None

Certified and officers' checks, etc. 128,075.65

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing.

None

Other liabilities............ 215,257.26

Capital notes and debentures.....

None

Preferred stock........

None

Common stock......... 250,000.00

Surplus.............. 600,000.00

Undivided profits............ 234,760.10

Reserves.............

None

Total Liabilities.......$11,221,358.04

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$ 1,738,824.87

United States Government obliga-

tions, direct and guaranteed ..... . 6,343,803.25

Obligations of States and political

subdivisions................. 3,565,712.00

Securities of Federal agencies and

t~~o~~t~~~s- . ~~~ ..g.u~~~t-e~~.~~

None

Other securities, corporate stocks and stock in Federal Reserve Bank.....

12,150.00

Loans and discounts, including overdrafts...................... 15,729,579.13

Bank premises, furniture and fixtures,

and other assets representing bank premises...................

119,823.59

Real estate owned other than bank premises.................... .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... 271,926.62

LIABILITIES

Demand deposits.............$ 8,225,452.52

Time and savings deposits. . . . . . . 13,157,027.64

Deposits of U.S. Government. . . . .

59,694.30

De~s!ts of States and political sub-

daVJsaons............. 2,080,938.41

Deposits of banks.............

37,500.00

Certified ::nd officers' checks, etc...

39,729.30

Other liabilities for borrowed money. Acceptances exe~uted by or for ac-

None

count of this bank and outstand

ing......................

None

Other liabilities................ 2,072,345.34

Capital notes and debentures......

None

Preferred stock...............

None

Common stock................ 500,000.00

Surplus...................... 500,000.00

Undivided profits............... .

89,898.10

Reserves...................... 1,019,233.85

Total Assets.................$ 27,781,819.46

Total Liabilities.............$27,781,819.46

90

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

Cash, balances with other banks, and

cash items in process of collection..$ 1,141,059.50

United States Government obliga-

tions, direct and guaranteed 541,924.30

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 1,733,188.31

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........................ 4,878,710.65

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 220,923.85

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . . . . .

None

Total Assets.............$ 8,515,806.61

LIABILITIES

Demand deposits.......$ 3,371 ,502.76

Time and savings deposits. . . . . . . . 2,745,646.72

Deposits of U.S. Government....... 141,538.74

Depl!s!ts of States and political sub-

dJVJSJons.................... 1,053,953.66

Deposits of banks............... .

10,000.00

Certified and officers' checks, etc.. .

68.81

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities.............. 523,162.34

Capital notes and debentures.....

None

Preferred stock................

None

Common stock............... 100,000.00

Surplus................... 200,000.00

Undivided profits............. 322,432.44

Reserves............... 47,501.14

Total Liabilities............$ 8,515,806.61

STATEMENT Showing condition at the close of business December 31, 1968, 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

LEE H. SMITH Cashier.
Began Business: 4-11-1966

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,122,186.49

United States Government obliga-

tions, direct and guaranteed . . . . . 879,539.72

Obligations of States and political

subdivisions................. 893,991.21

Securities of Federal agencies and

t~~o~~t~~~s.. ~~~ ..g.u~~~t.e~~. -~~ 315,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . 4,860,353.32

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 269,218.42

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets.................. 13,219.09

LIABILITIES

Demand deposits...........$ 2,105,038.90

Time and savings deposits........ 4,507,289.17

Deposits of U.S. Government....... 36,010.75

Depl!s!ts of States and political sub-

dJVJSJons................... 629,918.11

Deposits of banks.............. 150,000.00

Certified and officers' checks, etc... 15,145.24

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities.............. 331,477.03

Capital notes and debentures...... .

None

Preferred stock.............

None

Common stock................. . 250,000.00

Surplus....................... 150,000.00

Undivided profits............... . 137,547.38

Reserves..................... 41,081.67

Total Assets.............$ 8,353,508.25

Total Liabilities..............$ 8,353,508.25

FORTY-NINTH ANNUAL REPORT

91

STATEMENT

Showing condition at the close of business December 31, 1968, of

FARMERS AND MERCHANTS BANK Lakeland (Lanier), Ga.

As called for by the Superintendent of Banks

W. A. ROQUEMORE, President.
Date of Charter: 4-8-1907

A. T. FLOWERS, Cashier.
Began Business: 1907

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 314,401.97

United States Government obliga

tions, direct and guaranteed . . . 1,546,816.12

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 111,633.85

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........................ 1,144,127.78

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 19,957.45

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . .

4,465.76

LIABILITIES

Demand deposits..........$ 1,184,950.19

Time and savings deposits. . . . . . 1,195,144.97

Deposits of U.S. Government...... . 15,591.68

Dep'!s!ts of States and political sub-

divtstons................ 322,766.64

Deposits of banks............

None

Certified and officers' checks, etc.. 30,188.71

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...................

None

Other liabilities......... 127,543.59

Capital notes and debentures...... .

None

Preferred stock............

None

Common stock......... 50,000.00

Surplus........... 100,000.00

Undivided profits...... 65,217.15

Reserves.............. 50,000.00

Total Assets........$ 3,141,402.93

Total Liabilities............$ 3,141,402.93

STATEMENT

Showing condition at the close of business December 31, 1968, of

~ORTHEAST GEORGIA BANK Lavonia (Franklin), Ga.

As called for by the Superintendent of Banks

JOHN T. GILL, 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 collection..$ 813,116.93

United States Government obliga-

tions, direct and guaranteed ..... . 1,827,894.65

Obligations of States and political

subdivisions.................

None

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ ..g~~~~t~~~. -~~ 640,335.28

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 1,177,126.03

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... .

22,500.12

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

"None

Other assets. . ................

971.32

LIABILITIES

Demand deposits.............$ 2,192,170.48

Time and savings deposits. . . . 1,357,183.04

Deposits of U.S. Government. . . . . . 43,614.89

Dep'!s!ts of States and political sub-

dJvtSJons.................... 503,095.87

Deposits of banks.......

None

Certified ::nd officers' checks, etc...

9,294.71

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing..................

None

Other liabilities................ . 19,331.26

Capital notes and debentures......

None

Preferred stock........... ,

None

Common stock................. . 100,000.00

Surplus.................. 175,000.00

Undivided profits.............. 82,254.08

Reserves...................... .

None

___T_o_ ta_l _A_ss_e_ts_._ ._______._ _ . __._._ .$__4,_4_8_ 1,_9_4_ 4._3_3__L_____T_o_ta_l_L_i_ ab_il_it_ie_s_ . .__.__._ . ._._._ . ._._._ _ $ _ 4,_4_81_,_9_ 44_._33_

92

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 coUection$ 1,047,757.05

United States Government obliga-

tions, direct and guaranteed 1,748,983.65

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 2,494,706.72

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. 120,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . 12,000.00

Loans and discounts, including over-

drafts..... . . . . . . . . . . . . 4,818,412.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 132,045.36

Real estate owned other than bank

premises. . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . . . . . .

None

Total Assets...............$10,373,905.70

LIABILITIES

Demand deposits......$ 3,262,173.16

Time and savings deposits. . ... 5,041,728.68

Deposits of U.S. Government...... . 91,947.72

Dep'?s!ts of States and political sub-

dtVJsaons............. 983,203.75

Deposits of banks..........

24,358.58

Certified an" officers' checks, etc..

5,229.03

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.................

None

Other liabilities............. 31,709.48

Capital notes and debentures...... .

None

Preferred stock...........

None

Common stock.............. 200,000.00

Surplus..................... 200,000.00

Undivided profits........... 533,555.30

Reserves...............

None

Total Liabilities.......$10,373,905.70

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, direct and guaranteed .....
Obligations of States and political subdivisions.............
Securities of Federal agencies and
t~~o~~t~~~~ . ~~~ gu-~~~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...................

483,104.17 321,058.85
70,349.40
500,000.00 None
686,242.61
6,124.56 None None
1,044.22

Total Assets................$ 2,067,923.81

LIABILITIES

Demand deposits..........$ 1,016,085.31

Time and savings deposits. . . . . . . . 621,317.66

Deposits of U.S. Government.......

987.08

Dep'?s!ts of States and political sub

diVISIOnS 221,362.43

Deposits of banks..............

None

Certified and officers' checks, etc... 17,067.03

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.......................

None

Other liabilities................

9,886.62

Capital notes and debentures...... .

None

Preferred stock................

None

Common stock................. . 50,000.00

Surplus..................... 50,000.00

Undivided profits............... . 77,294.88

Reserves. . . . . . . . . . . . . . . . . . . . .

3,922.80

Total Liabilities...............$ 2,067,923.81

FORTY-NINTH ANNUAL REPORT

93

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, direct and guaranteed ....
Obligations of States and political subdivisions. . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a n. t.e.e.d. .b.y.
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................

330,393.61 499,831.72
97,674.62
425,007.84 None
804,299.59
73,743.07 None None None

Total Assets..............$ 2,230,950.45

LIABILITIES
Demand deposits.............$ Time and savings deposits....... Deposits of U.S. Government..... Dep<?s!ts of States and political sub
dtVIStons. . . . . . . . . . . . . . . . . . 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...............

813,183.85 533,609.80
6,000.00
620,109.98 None None None
None 6,970.10
None None 50,000.00 150,000.00 41,076.72 10,000.00

Total Liabilities...........$ 2,230,950.45

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF LENOX Lenox (Cook), Ga.

As called for by the Superintendent of Banks

R. H. ROBINSON,

R. H. ROBINSON, JR.,

President.

Cashier.

Date of Charter: 6-20-1907

Began Business: 6-25-1907

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 717,617.46

United States Government obliga-

tions, direct and guaranteed . . . . . . 620,464.75

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 501,922.80

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. 345,750.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 1,473,177.40

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . 52,806.32

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . .

None

LIABILITIES

Demand deposits...............$1,071,965.01

Time and savings deposits. . . . . . 1,542,704.39

Deposits of U.S. Government. . . . . . . 88,026.77

Dep<?s!ts of States and political sub-

dtVJstons................... 358,804.83

Deposits of banks............... . 148,234.16

Certified &nd officers' checks, etc.. .

3,950.56

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities................ 34,032.91

Capital notes and debentures...... .

None

Preferred stock.................

None

Common stock................. . 100,000.00

Surplus....................... . 200,000.00

Undivided profits............... 129,487.00

Reserves. ..................... . 34,533.10

Total Assets.................$ 3,711,738.73

Total Liabilities..............S 3,711,738.73

--------------- --'---

94

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection..$
United States Government obligations, direct and guaranteed ..
Obligations of States and political subdivisions. . . . . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n .t e.e.d. .b.y.
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................

151,463.51 299,812.50
4,000.00
599,656.25 None
634,338.90
41,867.71 None None
4,577.70

Total Assets...............$ 1,735,716.57

LIABILITIES
Demand deposits...........$ Time and savings deposits...... Deposits of U.S. Government...... . Dep<?s!ts of States and political sub-
dJVJSions. . . . . . . . . . . . . . . . . . . . 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 . . . . . . . . . . . . . . . . . . . .

723,675.50 790,306.05
8,954.64
58,551.04 None None None
None 10,052.10
None None 50,000.00 75,000.00 19,177.24 None

Total Liabilities...........$ 1,735,716.57

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 308,679.95

United States Government obliga-

tions, direct and guaranteed . . . . . . 337,416.86

Obliga~i~~s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . . . . . 143,368.30

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. 170,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 1,189,445.19

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 12,042.25

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . .

2,219.04

LIABILITIES

Demand deposits..............$ 729,475.53

Time and savings deposits. . . . . . . 1,099,540.00

Deposits of U.S. Government. . . . . . .

4,725.86

Dep<?s!ts of States and political sub-

dJVJSJons................... 143,647.17

Deposits of banks..............

None

Certified and officers' checks, etc...

8,392.18

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....................... Undivided profits.............

50,000.00 27,390.85

Reserves. . . . . . . . . . . . . . . . . . . . .

None

Total Assets................$ 2,163,171.59

Total Liabilities...............$ 2,163,171.59

FORTY-NINTH ANNUAL REPORT

95

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 675,729.64

United States Government obliga

tions, direct and guaranteed . . . . 1,182,390.11

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 482,380.18

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. 324,900.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts...... . . . . . . . . . . . . . . . 2,013,089.60

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 81,173.57

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . .

None

Total Assets............$ 4,759,663.10

LIABILITIES

Demand deposits.........$ 1,926,714.21

Time and savings deposits. . . . . . . . 1,990,987.18

Deposits of U.S. Goverr.ment....... 19,845.01

Dep<?s!ts of States and political subdivtsJons.................... . 361,365.22

Deposits of banks............... .

None

Certified and officers' checks, etc..

1,239.00

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............... 100,000.00 Surplus...................... 100,000.00

Undivided profits............ 259,512.48

Reserves.................

None

Total Liabilities.......$ 4,759,663.10

STATEMENT Showing condition at the close of business December 31, 1968, 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

C. E. WAITES, Cashier.
Began Business: 1910

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 628,287.22

United States Government obliga-

tions, direct and guaranteed ..... . 1,559,565.57

Obliga!i?i!S of States and political

SUbdiVISIOnS. . ................ 296,814.39

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~. -g~~~~t~~~. -~~ 749,769.43

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts..................... 2,086,153.14

Bank premises, furniture and fixtures,

and other assets representing bank

premises................. 118,563.76

Real estate owned other than bank

premises . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding.......

None

Other assets...................

8,733.77

Total Assets.............$ 5,447,887.28

LIABILITIES

Demand deposits..........$ 2,468,915.32

Time and savings deposits. . . . . . . . . 1,784,481.77

Deposits of U.S. Government....... 186,568.76

DeP<?s!ts of States and political sub-

diVISIOns................... 495,710.61

Deposits of banks.............

None

Certified ::nd officers' checks, etc...

3,168.44

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing.......................

None

Other liabilities............ 148,941.23

Capital notes and debentures...... .

None

Preferred stock...............

None

Common stock............. 130,000.00

Surplus.................. 150,000.00

Undivided profits............... . 45,101.15

Reserves...................... . 35,000.00

Total Liabilities.............$ 5,447,887.28

96

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 1-191 0

ASSETS
Cash, balances with other banks, and cash items in process of coUection..$
United States Government obligations, direct and guaranteed ..
Obligations of States and political subdivisions. . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.srp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.an. t.e.e.d. .b.y.
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 owued other than bank premises . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding.......
Other assets................

189,101.04 105,000.00
None
214,962.50 None
563,293.37
11,257.85 None None None

Total Assets.............$ 1,083,614.76

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 lilibilities.......... Capital notes and debentures...... Preferred stock............ Common stock............... Surplus....................... . Undivided profits.......... Reserves. . . . . . . . . . . . . . . . . .

527,290.69 349,179.51
2,103.00
76,475.09 5,745.36 3,232.62 None
None 17,780.96
None None 30,000.00 50,000.00 21,807.53 None

Total Liabilities..........$1,083,614.76

STATEMENT

Showing condition at the close of business December 31, 1968, 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

JAMES T. FISCHER, Cashier.
Began Business: 10-5-1946

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
t~~o~~t~~~~ . ~~~ ..g.u~~~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................... .

234,427.93 416,341.45
None
399,993.75 None
652,162.77
16,637.07 None None
1,728.60

Total Assets.................$ 1,721,291.57

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..................... ..

707,953.97 728,009.22
3,676.00
136,660.40 None
1,071.75 None
None 2,000.00
None None 25,000.00 75,000.00 35,820.23 6,100.00

Total Liabilities...............$ 1,721,291.57

FORTY-NINTH ANNUAL REPORT

97

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of coUection$
United States Government obligations, direct and guaranteed . . . .
Obliga~i~~ of States and political
SUbdiVISIOnS.
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.
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. . . . . . . . . . . . . . . . . .

215,792.14 259,328.08
11,816.00
424,980.31 None
578,863.25
1,510.73 None None
998.99

Total Assets.........$ 1,493,289.50

LIABILITIES
Demand deposits......$ Time and savings deposits....... Deposits of U.S. Government... Dep?s!ts of States and political sub-
divasaons . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . .

783,031.91 362,622.83
7,400.72 153,167.66
None 5,017.67
None
None 11,846.12
None None 25,000.00 75,000.00 70,202.59 None

Total Liabilities.......$1,493,289.50

STATEMENT Showing condition at the close of business December 31, 1968, 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

J. M. DUNAWAY, Cashier.
Began Business: 12-1911

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
t~r.~~t~~~s.. ~~~.g.u~~~~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................... .

407,166.48 1,003,358.31
41,208.78
None None 868,369.22
9,875.24 None None None

LIABILITIES
Demand deposits.........$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep?s!ts of States and political sub-
davasaons. . . . . . . . . . . . . . . . . . . . Deposits of banks............. Certified ::nd 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. ..................... .

942,886.22 709,617.61
18,781.63
376,574.00 None
9,295.33 None
None 54,563.51
None None 100,000.00 50,000.00 68,259.73 None

Total Assets.................$ 2,329,978.03

Total Liabilities...............$ 2,329,978.03

--------~-------------------------

98

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 8-3-1906

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
cuo.srp. o.ra.t.io.n.s. . n. o. .t . .g.u.ar.a.n.t.ee.d. . .b.y.
Other securities, corporate stocks and stock in Federal Reserve Bank. . . . .
Loans and discounts, including over drafts... . . . . . . . . . . . . . . . . . . .
Bank premises, fu'rniture 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. . . . . . . . . . . . . . . . .

340,999.25 349,342.38
16,529.23
299,971.88 1.00
842,418.75
19,371.49 None None
4,047.00

Total Assets...............$ 1,872,680.98

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...............

635,881.17 649,998.03
22,776.64 355,883.25
57,900.00 19,985.70
None
None 10,122.08
None None 50,000.00 50,000.00 20,134.11 None

Total Liabilities.........$ 1,872,680.98

STATEMENT

Showing condition at the close of business December 31, 1968, 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 banks, and

cash items in process of collection..$ 834,861.83

United States Government obliga-

tions, direct and guaranteed ... 1,227,520.66

Obligations of States and political

subdivisions............... 307,828.26

Securities of Federal agencies and

u~~o~~t~~~s- . ~~~ ..g.u~~~t-e~~..~~ 1,628,590.63

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts..................... 2,472,714.54

Bank premises, furniture and fixtures,

and other assets representing bank premises...................

35,313.86

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ Other assets..................

None None

LIABILITIES

Demand deposits..........$ 2,872,672.45

Time and savings deposits. . . . . 1,929,435.93

Deposits of U.S. Government....... 37,449.70

Dep<!s!ts of States and political sub

diVISIOnS
Deposits of banks.............

652,160.36 221,048.50

Certified and officers' checks, etc.. 131,805.68

Other liabilities for borrowt:d 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............... 222,257.16

Reserves..................... 40,000.00

Total Assets..............$ 6,506,829.78

Total Liabilities...........$ 6,506,829.78

FORTY-NINTH ANNUAL REPORT

99

STATEMENT

Showing condition at the close of business December 31, 1968, 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: 3-28-1919

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. . .........

705,656.01 1,370,425.61
567,485.85
225,000.00 None
1,881,652.42
1.00 10,000.00
None 2,263.10

Total Assets......$ 4,762,483.99

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...................... .

3,491,214.03 269,046.28 93,752.45
318,291.20 10,267.74 490.05 None
None 106,312.62
None None 100,000.00 200,000.00 50,000.00 123,109.62

Total Liabilities.....$ 4,762,483.99

STATEMENT Showing condition at the close of business December 31, 1968, of

THE SOUTH COBB BANK Mableton (Cobb), Ga.

As called for by the Superintendent of Banks

LEE E. PARTAIN, JR., President.
Date ofCharter: 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.$
United States Government obligations, direct and guaranteed ..... .
Obliga~ic;~s of States and political subdiVISions. . ........
Securities of Federal agencies and
b~r.~t~~~~ . ~~~ ..g.u~~~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.................

698,994.97 843,949.46 337,904.14
805,406.25 None
4,348,778.02
209,344.98 81,315.00 None 37,735.61

Total Assets................$ 7,363,428.43

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 :md 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 . . . . . . . . . . . . . . . . . . . . . .

2,740,367.24 2,623,328.22
37,984.81
639,530.49 None
89,885.53 None
None 435,641.24
None None 312,500.00 312,500.00 171,690.90 Non"

Total Liabilities..........$ 7,363,428.43

100

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 coUection..$ 4,907,295.25

United States Government obliga-

tions, direct and guaranteed . 5,010,136.83

Obligations of States and political

subdivisions. . . . . . . . . . . 3,839,004.41

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. 1,800,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts.............. 21,682,331.78

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . 354,383.98

Real estate owned other than bank

premises. . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other assets. . . . . . . . . . . 424,320.33

Total Assets...........$ 38,017,472.58

LIABILITIES

Demand deposits.........$ 11,844,979.38

Time and savings deposits. . . . . 10,299,420.69

Deposits of U.S. Government....... 565,530.98

Dep~s!ts of States and political sub-

divtSJons................ 4,316,758.07

Deposits of banks........ 6,639,190.72

Certified and officers' checks, etc.. 425,113.99

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing................

None

Other liabilities........ 1,334,788.64

Capital notes and debentures.....

None

Preferred stock........

None

Common stock.......... 1,125,000.00

Surplus............. 1,000,000.00

Undivided profits....... 452,058.91

Reserves . . . . . . . . . . . .

14,631.20

Total Liabilities......$ 38,017,472.58

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 602,351.52

United States Government obliga-

tions, direct and guaranteed . . . 909,795.00

Obligations of States and political subdivisions.............

216,963 _65

Securities of Federal agencies and
t~~o~~t~~~s.. ~~~. gu-~~~t.e~~- -~~ 264,562.50

Other securities, corporate stocks and stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over drafts........................ 2,347,324.83

Bank premises, furniture and fixtures,

and other assets representing bank premises. . . . . . . . . . . . . . . . . . . 105,673.69

Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on
O~h~:~~~~:.s.~u_t~t.a~~~~~-. .:::::::

None 17,595.31

Total Assets..............$ 4,464,266.50

LIABILITIES

Demand deposits............$ 1,714,291.10

Time and savings deposits....... 1,822,307.36

Deposits of U.S. Government...... .

36,337.08

Dep~s!ts of States and political sub-

dtVJStons................... 558,250.07

Deposits of banks..............

7,500.00

Certified and officers' checks, etc...

12,034.06

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....................... . 150,000.00

Undivided profits............... .

63,546.83

Reserves.....................

None

Total Liabilities.............$ 4,464,266.50

FORTY-NINTH ANNUAL REPORT

101

STATEMENT

Showing condition at the close of business December 31, 1968, 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

THOMAS A. BROWN, JR. Cashier.
Began Business: 2-2-1910

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,012,772.48

United States Government obliga-

tions, direct and guaranteed . . . . 2,156,673.25

Obligations of States and political

subdivisions................... 997,943.94

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. 449,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts........................ 2,816,672.12

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 41,455.32

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . .

5,122.92

Total Assets...............$ 7,480,546.28

LIABILITIES

Demand deposits......S 2,761,609.16

Time and savings deposits...... 3,486,792.89

Deposits of U.S. Government..... 43,931.94

Dep<?s!ts of States and political sub-

diviSions................. 519,756.62

Deposits of banks.........

None

Certified and officers' checks, etc.

7,191.49

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ing...................

None

Other liabilities............ 110,180.54

Capital notes and debentures.....

None

Preferred stock.......

None

Common stock................ 200,000.00

Surplus................... 200,000.00

Undivided profits............... . 131,083.64

Reserves. . . . . . . . . . . . . . . .

20,000.00

Total Liabilities......$ 7,480,546.28

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 677,568.75

United States Government obliga-

tions, direct and guaranteed ..... . 329,253.84

Obliga!iC?J!S of States and political
SUbdiVlSIOnS

331,299.58

Securities of Federal agencies and

t~?.'~~t~~~s.. ~~~ ..g.u~~~~t~~~..~~ 600,018.42

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... 1,325,580.31

Bank premises, furniture and fixtures,

and other assets representing bank

premises....................

12,114.63

Real estate owned other than bank

premises.................... .

2,506.75

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets...................

1,420.77

LIABILITIES

Demand deposits............$ 1,109,008.88

Time and savings deposits...... 1,316,708.09

Deposits of U.S. Government...... .

20,471.47

Dep<?s!ts of States and political sub

diVlSIOnS

528,641.87

Deposits of banks...............

None

Certified ::nd officers' checks, etc...

17,003.47

Other liabilities for borrowed money.

None

Acceptances exe,uted by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities................

7,300.00

Capital notes and debentures...... .

None

Preferred stock................. .

None

Common stock.................

50,000.00

Surplus....................... . 100,000.00

Undivided profits............... 130,629.27

Reserves .............

None

_ _ __ Total Assets.................$ 3,279,763.05 -- - -

_.__

Total Liabilities..............S 3,279,763.05

102

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF MANSFIELD Mansfield (Newton), Ga.

As called for by the Superintendent of Banks

A. E. HAYS, President.
Date ofCharter: 12-19-1945

M. 0. CAMPBELL, Cashier.
Began Business: 3-1-1946

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
cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee.d. . .b.y.
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................

149,313.85 235,075.51
None
275,182.89 None
782,974.32
5,686.00 None :~~=

Total Assets...............$ 1,448,232.57

LIABILITIES
Demand deposits.............$ Time and savings deposits. . .. ; .. Deposits of U.S. Government...... Dep<?s!ts of States and political sub-
divlSJons. . . . . . . . . . . . . . . . . . . . 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.................

567,379.99 565,274.39
3,476.58
132,903.87 None
4,534.15 None
None None None None 25,000.00 100,000.00 49,663.59 None

Total Liabilities..........$ 1,448,232.57

STATEMENT Showing condition at the close of business December 31, 1968, of

COBB EXCHANGE BANK Marietta (Cobb), Ga.

As called for by the Superintendent of Banks

ROSSER N. LITTLE, President.
Date ofCharter: 12-18-1906

KNOXV. WOOD, Cashier.
Began Business: 1-1-1907

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
~1.o~~t~~~~ . ~~~ ..g.u~~~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..................

2,695,254.42 2,491,317.51 5,238.121.49
None None 9,875,941.48
154,027.13 None None
259,036.71

LIABILITIES

Demand deposits...........$ 9,389,439.02

Time and savings deposits....... 6,162,110.53

Deposits of U.S. Government...... . 285,846.81

Dep<?s!ts of States and political sub-

dtvlSJons................ 2,686,808.24

Deposits of banks..............

None

Certified and officers' checks, etc...

2,962.50

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities............... 451,186.65

Capital notes and debentures......

None

Preferred stock................

None

Common stock................ 375,000.00

Surplus...................... I ,000,000.00

Undivided profits.............. 360,344.99

Reserves.....................

None

Total Assets..............$ 20,713,698.74

Total Liabilities.............$ 20,713,698.74

FORTY-NINTH ANNUAL REPORT

103

STATEMENT

Showing condition at the close of business December 31, 1968, of

MARlETTA COMMERCIAL BANK Marietta (Cobb), Ga.

As called for by the Superintendent of Banks

WALTER E. GRAHAM, President.
Date ofCharter: 9-2-1955

JAMES E. LAWSON, Cashier.
Began Business: 9-17-1956

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 1,903,485.17

United States Government obliga-

tions, direct and guaranteed . . . 1,740,584.50

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . . 1,718,915.88

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. 250,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts....... . . . . . . . . . . . . . . . . 5,409,355.94

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . 399,669.51

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . .

83,135.55

Total Assets...............$11,505,146.55

LIABILITIES

Demand deposits.......$ 5,404,250.05

Time and savings deposits. . . . . . . . . 2,883,312.54

Deposits of U.S. Government.......

67,925.79

Dep~s!ts of States and political sub-

diVISions................... 1,724,443.94

Deposits of banks.............

10,000.00

Certified and officers' checks, etc... 109,726.75

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.....

None 329,182.03
None

Preferred stock.............. Common stock............ Surplus......... Undivided profits.......

None 420,000.00 530,000.00
26,305.45

Reserves...........

None

Total Liabilities............$11,505,146.55

STATEMENT Showing condition at the close of business December 31, 1968, 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

LIABILITIES

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
t~r.~~t~~~~ . ~~~ ..g.u~~~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.... , .............

129,818.75 354,960.00
40,460.00
225,000.00 None
798,521.20
19,200.81 None None
1,179.08

Demand deposits...............$ Time and savings deposits..... Deposits of U.S. Government...... . Dep~s!ts of States and political sub-
diVISions. . . . . . .............. ; Deposits of banks.............. Certified end 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.....................

489,957.02 762,307.25
7,981.14
97,238.71 None
2,274.10 None
None 18,798.54
None None 75,000.00 75,000.00 38,583.08 5,000.00

_________________ _ _T_ota_l A_sset_s._._._.._..._...._$ _1,56_9,1_39._84

Total Liabilities............$ 1,569,139.84

.....~....

104

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, 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 banks, and cash items in process of collection.$
United States Government obliga tions, direct and guaranteed . .
Obligations of States and political subdivisions. . . . . . . . . . . . . . .
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.
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 acceptances outstanding. . . . .
Other assets. . . . . . . . . . . . . .

220,874.27 278,218.25
None
959,062.50 None
1,064,716.69
11,772.47 None None None

Total Assets.........$ 2,534,644.18

LIABILITIES

Demand deposits.......$ 1,165,814.67

Time and savings deposits......... 862,519.08

Deposits of U.S. Government... . . . 10,580.97

Dep<?S!ts of States and political sub-

diVISions............... 185,844.55

Deposits of banks.............

None

Certified and officers' checks, etc..

3,062.77

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..............

None

Other -liabilities............ 13,209.41

Capital notes and debentures......

None

Preferred stock........ Common stock...............

None 50,000.00

Surplus............... 100,000.00

Undivided profits........... 93,612.73

Reserves.............. 50,000.00

Total Liabilities.......$ 2,534,644.18

STATEMENT Showing condition at the close of business December 31, 1968, 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 banks, and

cash items in process of collection..$ 781,051.22

United States Government obliga-

tions, direct and guaranteed ... 1,414,584.33

Obligations of States and political

subdivisions............. 573,380.14

Securities of Federal agencies and

t~~o~~t~~~~ . ~~~ . gu~~~t~~~~~ 800,040.02

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over

drafts.................... 3,812,616.33

Bank premises, furniture and fixtures,

and other assets representing bank

premises...................

5,137.84

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets..................

664.17

LIABILITIES

Demand deposits............$ 2,293,095.11

Time and savings deposits. . . . . . 3,693,825.89

Deposits of U.S. Government. . . . . . . 82,891.53

DeP<?s!ts of States and political sub

dtVJStons................. 525,883.43

Deposits of banks...............

None

Certified and officers' checks, etc... 36,020.11

Other liabilities for borrowed money. 100,000.00

Acceptances executed by or for ac-

count of this bank and outstand-

ing......................... .

None

Other liabilities................ . 161,049.61

Capital notes and debentures...... .

None

Preferred stock...............

None

Common stock................. 150,000.00

Surplus...................... 150,000.00

Undivided profits.............. 94,708.37

Reserves..................... 100,000.00

Total Assets..............$ 7,387,474.05

Total Liabilities...............$ 7,387,474.05

FORTY-NINTH ANNUAL REPORT

105

STATEMENT

Showing condition at the close of business December 31, 1968, of

PINELAND STATE BANK Metter (Candler), Ga.

As called for by the Superintendent of Banks

G. H. ROUNTREE, President.
Date ofCharter: 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..$ 743,515.91

United States Government obliga-

tions, direct and guaranteed 970,930.75

Obliga~i<_>J!S of States and political

subdtvutons. . . . . . . . . . . . . . . . .

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........................ 1,164,510.02

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 52,871.64

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . .

1,040.32

Total Assets......$ 2,932,868.64

LIABILITIES

Demand deposits...$ 778,882.50

Time and savings deposits. . . 1,408,396.52

Deposits of U.S. Government.......

2,851.78

Dep<?&!ts of States and political sub-

diVISions........... 413,120.74

Deposits of banks.....

None

Certified and officers' checks, etc... 35,504.02

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities......... 15,000.00

Capital notes and debentures...

None

Preferred stock............

None

Common stock............ 100,000.00

Surplus............... Undivided profits.............

75,000.00 88,113.08

Reserves............. 16,000.00

Total Liabilities....$ 2,932,868.64

STATEMENT Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed ..... .
Obligations of States and political subdivisions. . . . . . . . . . . . .
Securities of Federal agencies and
t~?.'~~t~~~s.. ~~~ ..g.u~~~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................... .

167,070.40 234,775.00
28,678.00
25,125.00 None
508,364.64
2.00 None None None

Total Assets................$ 964,015.04

LIABILITIES
Demand deposits..........$ Time and savings deposits..... Deposits of U.S. Government...... . Dep<?S!ts of States and political sub-
dtVJstons. . . . . . . . . . . . . . . . . Deposits of banks.......... Certified ~nd 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...................... .

471,850.30 259,131.17
None
82,411.24 5,000.00 5,726.57 None
None 6,592.55
None None 25,000.00 85,000.00 18,803.21 4,500.00

Total Liabilities...............$ 964,015.04

106

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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, SR., Cashier.
Began Business: 10-1906

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
cuo.srp. o.ra.t.io.n.s. . n. .o.t . .g.u.a.ra.n.t.ee. d. . .b.y.
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~h~:~t~~:.s ou--~t.a~~~~~- .: : : : : : :

378,223.42 50,020.80 14,869.89
600,000.00 None
1,479,372.00
17,611.36 None None None

Total Assets...........$ 2,540,097.47

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...............

1,279,228.90 722,852.77 1,855.00
253,351.22 100,947.93
10,590.65 None
None None None None 70,000.00 50,000.00 51,271.00 None

Total Liabilities...........$ 2,540,097.47

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, 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 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...................

1,260,876.29 3,951,686.86 2,274,102.96
1,382,069.08 None
6,610,254.91
182,141.73 None None
114,080.05

Total Assets...........$ 15,775,211.88

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. . . . . . . . . . . . . . . . . . . . . .

4,035,806.73 5,562,185.85
190,432.82
3,933,408.15 590,755.47 39,206.13 None
None 321,704.53
None None 300,000.00 700,000.00 67,864.20 33,848.00

Total Liabilities...............$ 15,775,211.88

FORTY-NINTH ANNUAL REPORT

107

STATEMENT

Showing condition at the close of business December 31, 1968, 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

MRS. SALLIE W. HOLMES, Cashier.
Began Business: 3-1898

ASSETS
Cash, balances with other banks, and cash items in process of coUection..$
United States Government obligations, direct and guaranteed ..
Obligations of States and political subdivisions. . . . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.rsp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.an. t.e.e.d. .b.y.
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. . ............

1,121,891.33 1,971,973.48
584,406.49
299,812.50 None
3,140,768.59
186,724.20 None None
4,971.00

Total Assets..........$ 7,310,547.59

LIABILITIES
Demand deposits.........$ Time and savings deposits.... Deposits of U.S. Government..... Dep'!s!ts of States and political sub-
diVJStons. . . . . . . . . . . . . . . . . . . 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 Other liabilities.............. Capital notes and debentures..... Preferred stock.......... Common stock............... Surplus. . . . . . . . . . . . . . . . Undivided profits............ Reserves.............

2,423,485.86 3,295,513.35
139,155.52
808,778.29 None
29,312.03 None
None 13.01 None None 200,000.00 300,000.00 114,289.53 None

Total Liabilities.......$ 7,310,547.59

STATEMENT

Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$

United States Government obliga-

tions, direct and guaranteed .....

Obliga!i~J!S of States and political

SUbdiVISIOnS

Securities of Federal agencies and

u~r.~~t~~~s-

.

~~~

0

.g.u~~~t.e~? 0



~~

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

acceptances outstanding........ .

Other assets..................

1,892,194.93 2,574,210.90 1,051,949.32
100,000.00 None
4,843,160.13
2.00 None 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 ::nd 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. . . . . . . . . . . . . . . . . . . . .

3,923,221.59 3,325,440.38
136,158.07
1,633,906.19 62,909.95 22,005.32 None
None 59,982.54
None None 200,000.00 800,000.00 142,539.59 155,353.65

Total Assets................$ 10,461,517.28

Total Liabilities...........$ 10,461,517.28

-------------------------------------L-------------------------------------

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
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................$

1,010,513.07 3,409,273.75
None
None 142,373.94 2,089,920.39
29,045.59 None None None
6,681,126.74

LIABILITIES

Demand deposits....$ 3,073,283.01

Time and savings deposits. . . . . . 2,446,168.99

Deposits of U.S. Government.......

7,168.75

DefK!S!ts of States and political sub-

diVJstons...... 539,471.84

Deposits of banks.... 10,000.00

Certified and officers' checks, etc... 23,550.07

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..................

None

Other liabilities................ 87,110.00

Capital notes and debentures.....

None

Preferred stock.......

None

Common stock.............. 100,000.00

Surplus................... 350,000.00

Undivided profits.............. 44,374.08

Reserves. . . . . . . . . . . . . . . . . . . .

None

Total Liabilities.......$ 6,681,126.74

STATEMENT Showing condition at the close of business December 31, 1968, 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: 3-1899

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

SUbdtvtStOnS.................. .

Securities of Federal agencies and

corporations not guaranteed by

u.s.

0 0 0 0

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

Loans and discounts, inclading over-

drafts............. 00

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...................

92,481.13 180,606.00
None
None 195,143.57 628,972.72
8,052.19 1.00 None None

LIABILITIES
Demand deposits................$ Time and savings deposits..... Deposits of U.S. Government...... . Dep~s!ts of States and political sub-
dtVJstons. . . . . 00 00 00 00 00 00 00 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 ing. . . . . . . . . . . . . . . . . . . . . . . . . Other liabilities................ . Capital notes and debentures..... Preferred stock................. Common stock................ Surplus....................... . Undivided profits............... . Reserves..................

383,870.97 507,064.49
2,260.85
78,471.78 None
13,600.81 None
None 1,500.00
None None 30,000.00 50,000.00 33,487.71 5,000.00

Total Assets................$ 1,105,256.61

Total Liabilities.............$ 1,105.256.61

FORTY-NINTH ANNUAL REPORT

109

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE FARMERS BANK Monroe (Walton), Ga.

As called for by the Superintendent of Banks

GEO. W. BAKER, President.
Date of Charter: 1-1-1906

J. B. BUTTS, Cashier.
Began Business: 1-1-1906

ASSETS
Cash, balances with other banks, 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
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a n. t.e.e.d. .b.y.
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.................

1,864,900.10 1,916,618.64
881,891.15
650,075.00 22,500.00
5,309,716.99
397,714.01 15,014.46 None None

Total Assets.............$ 11,058,430.35

LIABILITIES

Demand deposits...$ 4,270,470.09

Time and savings deposits. . .... 4,449,584.45

Deposits of U.S. Government.....

91,064.82

Dep?s!ts of States and political sub-

diVISions............. 960,853.94

Deposits of banks............

None

Certified and officers' checks, etc... 162,536.98

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing.....

None

Other liabilities..............

88,382.02

Capital notes and debentures.....

None

Preferred stock..........

None

Common stock............... 250,000.00

Surplus............. 500,000.00

Undivided profits............ 285,538.05

Reserves...........

None

Total LiabUities......$ 11,058,430.35

STATEMENT Showing condition at the close of business December 31, 1968, of

MONTEZUMA BANKING COMPANY Montezuma (Macon), Ga.

As called for by the Superintendent of Banks

T.M.ADAMS, President.
Date of Charter: 10-23-1948

RAY L. GRESHAM, Cashier.
Began Business: 1-10-1949

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 371,604.04

United States Government obliga-

tions, direct and guaranteed ..... . 1,094,344.01

Obligations of States and political

subdivisions................. 496,934.11

Securities of Federal agencies and

u~r.~~t~~~~ . ~~~ ..g.u~~~~t-e~~..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 1,617,377.74

Bank premises, furniture and fixtures,

and other assets representing bank

premises....................

17,020.54

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... .

None

Total Assets.................$ 3,597,280.44

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 ~nd officers' checks, etc... Other liabilities for borrowed money. Acceptances exe~uted 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 . . . . . . . . . . . . . . . . . . . . . .

1,082,408.23 1,326,731.00
19,149.15
659,149.15 None
150,983.04 None
None 28,982.79
None None 100,000.00 100,000.00 129,840.90 None

Total Liabilities...............$ 3,597,280.44

110

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF MONTICELLO Monticello (Jasper), Ga.

As called for by the Superintendent of Banks

E. C. KELLY, JR., President.
Date of Charter: 2-8-1964

JACK H. YEARWOOD, Cashier.
Began Business: 2-10-1964

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
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a n. t.e.e.d. .b.y.
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 owued other than bank premises...................
Customers' liability to this bank on acceptances outstanding........ .
Other assets...................

437,270.33 1,119,518.98
12,494.34
None None 1,479,411.79
75,000.00 None None
1,347.30

Total Assets...............$ 3,125,042.74

LIABILITIES
Demand deposits.........$ Time and savings deposits........ Deposits of U.S. Government..... Dep<?s!ts of States and political sub-
diVJstons. . . . . . . . . . . . . . . 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................ '

864,454.15 1,904,969.53
22,217.01
132,443.47 None
2,465.56 None
None 3,000.00
None None 100,000.00 50,000.00 45,493.02 None

Total Liabilities...........$ 3,125,042.74

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ 1,972,196.78

United States Government obliga-

tions, direct and guaranteed . . . . . . 4,026,076.35

Obliga!ic;>~S of States and political

subdJVJSJOnS. . . . . . . . . . . . . . . . . . . 3,552,170.58

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.. . . . . . . . . . . . . . . . . . . . . 11,194,630.23

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . . . 389,853.10

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . . 236,146.09

LIABILITIES
Demand deposits...............$ Time and savings deposits........ . Deposits of U.S. Government...... Dep<?s!ts of States and political sub-
dtVJStons . . . . . . . . . . . . . . . . . . . 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...................... .

8,937,780.83 7,101,168.64
592,416.05
1,765,155.43 148,839.82 68,464.43 None
None 472,382.50
None None 300,000.00 1,000,000.00 410,497.19 574,368.24

Total Assets.............$ 21,371,073.13

Total Liabilities..............$ 21,371,073.13

FORTY-NINTH ANNUAL REPORT

Ill

STATEMENT

Showing condition at the close of business December 31, 1968, 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 coUection.$ 543,706.33

United States Government obliga

tions, direct and guaranteed .... 687,215.51

Obligations of States and political

subdivisions................ 305,172.62

Securities of Federal agencies and

corporations not guaranteed by
u.s......... ..... . 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts..................... 1,224,118.73

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . .

21,406.01

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets...................

5,546.98

Total Assets............$ 2,887,166.18

LIABILITIES

Demand deposits..........$ Time and savings deposits..... Deposits of U.S. Government......

965,130.79 1,062,361.39
24,120.22

Dep'!s!ts of States and political sub-

dtVJsaons . . . . . . . . . . . . . . . . . . Deposits of banks............ Certified and officers' checks, etc... Other liabilities for borrowed money. Acceptances executed by or for ac

515,531.20 64,942.73 13,085.55 None

count of this bank and outstand-

ing....

None

Other liabilities.............

37,265.28

Capital notes and debentures......

None

Preferred stock.......

None

Common stock.............. 100,000.00

Surplus................

50,000.00

Undivided profits........

54,729.02

Reserves.............

None

Total Liabilities.........$ 2,887,166.18

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection.$ 814,968.16

United States Government obliga

tions, direct and guaranteed ..... 984,510.74

Obligations of States and political

subdivisions............... 1,259,422.85

Securities of Federal agencies and

b~~o~~t~~~~ . ~~~ . gu~~~t.e~~..~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 150,000.00

Loans and discounts, including over-

drafts...................... 3,278,491.63

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 111,065.18

Real estate owned other than bank

premises....................

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets. . ................

None

Total Assets................$ 6,598,458.56

LIABILITIES

Demand deposits..........$ Time and savings deposits..... Deposits of U.S. Government...... .

2,355,365.22 2,931,081.86
117,186.29

Dep'!s!ts of States and political sub

diVISIOnS
Deposits of banks.......... Certified :md officers' checks, etc... Other liabilities for borrowed money. Acceptances exe~uted by or for ac-

537,167.52 196,071.78
15,886.42 None

count of this bank and outstand-

ing . . . . . . . . . . . . . . . . . . . . . . Other liabilities............ Capital notes and debentures..... Preferred stock........... Common stock................ Surplus....................... Undivided profits............... Reserves...................

None 54,500.00
None None 150,000.00 150,000.00 16,199.47 75,000.00

Total Liabilities............$ 6,598,458.56

112

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

cash items in process of coUection..$ 1,065,374.01

United States Government obliga-

tions, direct and guaranteed 255,750.00

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 292,998.12

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. 1,410,598.96

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . . 2,687,094.22

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 128,983.08

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . .

9,065.80

Total Assets...............$ 5,849,864.19

LIABILITIES

Demand deposits......$ 2,081,114.91

Time and savings deposits. . . . . . 2,330,210.87

Deposits of U.S. Government....... 52,212.51

Dep<!s!ts of States and political sub-

diVISIOns................... 461,920.76

Deposits of banks.............. 152,824.61

Certified and officers' checks, etc... 19,046.44

Other liabilities for borrowed money. 300,000.00

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....................

None

Other liabilities............... 55,002.25

Capital notes and debentures...... .

None

Preferred stock............

None

Common stock................. 150,000.00

Surplus................... 150,000.00

Undivided profits............... 97,531.84

Reserves . . . . . . . . . . . . . . . . . . .

None

Total Liabilities...........$ 5,849,864.19

STATEMENT Showing condition at the close of business December 31, 1968, 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

CHARLES E. LEE, Cashier.
Began Business: 8-14-1919

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
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. . b.y.
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 acceptances outstanding........ .
Other assets. . ................. .
Total Assets.................$

203,080.89 162,635.85
None
None None 418,934.87
8,568.58 None None None
793,220.19

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...................... .

466,212.34 197,044.71
1,228.28
27,328.01 None
4,625.56 None
None None None None 15,000.00 75,000.00 6,781.29 None

Total Liabilities...............$ 793,220.19

FORTY-NINTH ANNUAL REPORT

113

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 1,626,962.42

United States Government obliga-

tions, direct and guaranteed .... 3,110,184.40

Obligations of States and political

subdivisions................. 2,495,082.12

Securities of Federal agencies and

corporations not guaranteed by
u.s................. 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

10,125.00

Loans and discounts, including over-

drafts...................... 8,132,929.76

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... .. 420,815.90

Real estate owned other than bank

premises . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding......

None

Other assets..................

166,057.68

Total Assets................$ 16,262,157.28

LIABILITIES

Demand deposits...........$ 4,788,190.41

Time and savings deposits........ 8,645,122.90

Deposits of U.S. Government.....

97,545.03

Dep!s!ts of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . . . . 1,272,275.38

Deposits of banks............. 100,000.00

Certified and officers' checks, etc...

18,905.22

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....................

None

Other liabilities............... 134,929.92

Capital notes and debentures...... .

None

Preferred stock................

None

Common stock.............. 300,000.00

Surplus..................... 600,000.00

Undivided profits.............

79,497.15

Reserves.............. 225,691.27

Total Liabilities..........$ 16,262,157.28

STATEMENT

Showing condition at the close of business December 31, 1968, of

BAKER COUNTY BANK Newton (Baker), Ga.

As called for by the Superintendent of Banks

ALBERT W. BARBER, President.
Date of Charter: I0-4-1906

R. L. RICE, Cashier. Began Business: 10-15-1906

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ..... .
Obliga!i;ll)S of States and political SUbdiVISIOnS.................. .
Securities of Federal agencies and
t~?'~~t~~~~ . ~~~ ..g.u~~~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................... .

241,685.15 334,774.06
58,145.00
99,937.50 None
1,126,664.37
2,560.63 None None
1,825.80

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 ::nd 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...................... .

_ ___ Total

Assets.................$ 1,865,592.51 -------

__._

Total Liahilities...............S

1,090,190.81 253,029.44 None
167,500.00 None None None
None 29,849.92
None None 100,000.00 125,000.00 100,022.34 None
1,865,592.51

114

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 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. . . . . . . . . . . . . . . . .

227,130.86 353,810.92
None
749,981.25 None
281,915.09
7,241.19 None None None

Total Assets................$ 1,620,079.31

LIABILITIES
Demand deposits............$ Time and savings de posits. . ..... Deposits of U.S. Government...... . Dep~s!ts of States and political sub-
dtVJstons ......
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....................

643,026.40 759,556.70
11,710.41
81,782.28 None
1,769.18 None
None 6,352.60
None None 50,000.00 30,000.00 35,881.74 None

Total Liabilities...............$ 1,620,079.31

STATEMENT Showing condition at the close of business December 31, 1968, 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

RAY D. SWAIN, Cashier.
Began Business: 2-1-1904

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 615,583.01 United States Government obliga-

tions, direct and guaranteed ..... . Obligations of States and political

718,153.13

subdivisions. . . . . . . . . . . . . . . . . . Securities of Federal agencies and

352,067.80

u~~o~~t~~~s- . ~~~ ..g.u~~~t~~~..~~
Other securities, corporate stocks and

149,187.50

stock in Federal Reserve Bank..... Loans and discounts, including over-

None

drafts....................... . Bank premises, furniture and fixtures,

2,158,126.20

and other assets representing bank

premises.................... . Real estate owned other than bank

116,307.62

premises................... Customers' liability to this bank on

20,891.80

acceptances outstanding........ . Other assets...................

None 36,392.73

Total Assets.................$ 4,166,709.79

LIABILITIES

Demand deposits............$ 1,416,273.86 Time and savings deposits....... 1,698,216.21

Deposits of U.S. Government...... . Dep~s!ts of States and political sub-

94,832.33

dJVISlons. . . . . . . . . . . . . . . . . . . . Deposits of banks.............. Certified and officers' checks, etc...

576,161.33 None
6,775.05

Other liabilities for borrowed money. Acceptances executed by or for ac

None

count of this bank and outstand

ing. . . . . . . . . . . . . . . . . . . . . . . . Other liabilities............... Capital notes and debentures...... .
Preferred stock................. Common stock................. . Surplus....................... . Undivided profits...............
Reserves...................... .

None 5,890.64
None
None 200,000.00 120,000.00
48,560.37
None

Total Liabilities..............$ 4,166,709.79

FORTY-NINTH ANNUAL REPORT

115

STATEMENT

Showing condition at the close of business December 31, 1968, of

GWINNETT BANK & TRUST COMPANY Norcross (Gwinnett), Ga.

As called for by the Superintendent of Banks

J. GRADY COLEMAN, President.
Date of Charter: 9-11-1967

PAULS. PENN, JR., Cashier.
Began Business: 3-1-68

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 789,246.57

United States Government obliga-

tions, direct and guaranteed . . . 1,276,603.54

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . . .

None

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 250,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 200,000.00

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . . 2,235,977.62

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . 211,286.88

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets. . . . . . . . . . . . . . . . . . .

37,009.43

Total Assets................$ 5,000,124.04

LIABILITIES

Demand deposits...$ 1,449,773.75

Time and savings deposits...... 1,855,975.74

Deposits of U.S. Government...... 651,962.02

Dep'!s!ts of States and political sub-

dtVJstons.................. 480,871.97

Deposits of banks..............

None

Certified and officers' checks, etc...

11,325.08

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing........................

None

Other liabilities................ 94,813.52

Capital notes and debentures...... .

None

Preferred stock.............

None

Common stock................. 250,000.00

Surplus....................... . 150,000.00

Undivided profits............... 55,401.96

Reserves. . . . . . . . . . . . . . . . . . . .

None

Total Liabilities.........$ 5,000,124.04

STATEMENT Showing condition at the close of business December 31, 1968, 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.O.PAULK, Cashier.
Began Business: 10-1-1956

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 619,335.95

United States Government obliga-

tions, direct and guaranteed ..... . 207,640.63

Obligations of States and political

subdivisions............... 133,034.62

Securities of Federal agencies and

t~1.o~~t~~~~ . ~~~ ..g.u~~~t~~~..~~ 350,125.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts...................... 2,767,223.41

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 75,978.79

Real estate owned other than bank

premises....................

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets.................. ..

3,201.30

LIABILITIES

Demand deposits........$ 1,853,539.07

Time and savings deposits........ . 1,523,710.26

Deposits of U.S. Government.....

35,548.63

Dep'!s!ts of States and political sub-

dtVIStons . . . . . . . . . . . . . . . Deposits of banks............... . Certified ~nd officers' checks, etc.. . Other liabilities for borrowed money. Acceptances exe~uted by or for ac-

279,352.38 32,014.20
129,912.79 None

count of this bank and outstand-

ing......................... . Other liabilities................ Capital notes and debentures...... . Preferred stock............... Common stock............... Surplus......................

None 53,894.62
None None 100,000.00
100,000.00

Undivided profits............... . 48,567.75

Reserves...................... .

None

Total Assets.................$ 4,156,539.70

Total Liabilities.............$ 4,156,539.70

116

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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. PATTE"T. Cashier.
Began Business: 6-1-1943

ASSETS

Cash, balances with other banks, and

cash items in process of collection$ 542,122.78

United States Government obJisa

tions, direct and guaranteed . . 2,011,734.75

Obligations of States and political

subdivisions. . . . . . . . . . . 271,048.82

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. . . . . . . . . . . . . . . . 3,062,459.84

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . 175,523.28

Real estate owued other than bank

premises. . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . .

None

Total Assets............$ 6,062,889.47

LIABILITIES

Demand deposits.......$ 2,755,409.37

Time and savings deposits. . . . 2,287,316.07

Deposits of U.S. Government.. . . 28,344.00

Dep<?s!ts of States and political sub

diVJSIORS............... 383,004.12

Deposits of banks............

None

Certified and officers' checks, etc...

15,538.96

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand

ing.............

None

Other lil!bilities.......... 37,000.00

Capital notes and debentures.....

None

Preferred stock.............

None

Common stock........... 100,000.00

Surplus............. 350,000.00

Undivided profits....... 81,526.95

Reserves........... 24,750.00

Total Liabilities........$ 6,062,889.47

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF OGLETHORPE Oglethorpe (Macon), Ga.

As called for by the Superintendent of Banks

JOHN F. WILLIAM~, President.
Date of Charter: 2-5-1901

BLANCHER. WILLIAMS, Cashier.
Began Business: 2-8-1901

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,191,164.71

United States Government obliga-

tions, direct and guaranteed .... 567,954.38

Obliga!i'?J!S of States and political

subdiVISIOnS............ 431,036.13

Securities of Federal agencies and

t~~o~~t~~~~ . ~~~ ..~.u~~~t.e~~..~~ 557,519.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts................... 1,803,367.76

Bank premises, furniture and fixtures,

and other assets representing bank

premises . . . . . . . . . . . . . . . . . . . .

5,000.00

Real estate owned other than bank

premises...................

None

Customers' liability to this bank on

acceptances outstanding.......

None

Other assets...................

None

LIABILITIES

Demand deposits............$ 1,606,010.17

Time and savings deposits.... 1,764,046.39

Deposits of U.S. Government......

7,163.99

Dep<?s!ts of States and political sub

diVISIOnS................. 719,102.73

Deposits of banks............

None

Certified and officers' checks, etc.. 57,752.30

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities.............. 77,581.26

Capital notes and debentures......

None

Preferred stock...............

None

Common stock............... 60,000.00

Surplus....................... 90,000.00

Undivided profits............... 173,960.53

Reserves. . . . . . . . . . . . . . . . . . . . . .

424.61

Total Assets...............$ 4,556,041.98

Total Liabilities.............$ 4,556,041.98

FORTY-NINTH ANNUAL REPORT

117

STATEMENT

Showing condition at the close of business December 31, 1968, 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

PEGGIEP. DENNIS, Cashier.
Began Business: 7-10-1918

ASSETS
Cash, balances with other banks, and cash items in process of coUection.f
United States Government obligations, direct and guaranteed ..
Obligations of States and political subdivisions...............
Securities of Federal agencies and corporations not guaranteed by
Otuh.esr.s.e.c.ur.i.ties, corp o ratestocksand
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 acceptances outstanding... Other assets...............

341,737.50 676,178.13
8,921.95
None None 985,804.39
42,735.92 None None
2,376.79

Total Assets............$ 2,057,754.68

LIABILITIES
Demand deposits....$ Time and savings deposits.... Deposits of U.S. Government..... Dep'!s!ts of States and political sub-
daVtsaons. . . . . . . . . . . . . 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...........

898,515.45 667,977.80
23,875.64
181,662.10 20,000.00
101,292.49 None
None 12,500.51
None None 50,000.00 50,000.00 3,276.06 48,654.63

Total Liabilities.....$ 2,057,754.68

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$
United States Government obligations, direct and guaranteed ..... .
Obliga~i;;l!S of States and political SUbdiVISIOnS. ................
Securities of Federal agencies and
t~?'~~t~~~~. ~~~ ..g~~~~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................... .

219,211.15 207,891.96
17,854.54
100,000.00 None
542,256.92
4,867.30 None None None

LIABILITIES
Demand deposits.......$ Time and savings deposits........ . Deposits of U.S. Government...... Dep'!s!ts of States and political sub-
daVtsaons.................... . Deposits of banks.............. Certified ~nd 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...................... .

598,361.86 201,392.14
2,246.89
139,115.46 None
7,615.15 None
None None None None 55,000.00 55,000.00 33,350.37 None

Total Assets.................$ 1,092,081.87

Total Liabilities..............$ 1,092,081.87

_ __ -------------------~-...L

118

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THEFAYETTESTATEBANK 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 process of collection.$
United States Government obligations, direct and guaranteed ...
Obligations of States and political subdivisions..................
Securities of Federal agencies and
cuo.srp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.an.t.e.e.d. .b.y.
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. . ..............

551,358.65 323,509.22
57,500.00
815,000.00 None
1,618,370.81
21,742.82 None None
663.03

Total Assets...............$ 3,388,144.53

LIABILITIES

Demand deposits.........$ 1,186,744.30

Time and savings deposits....... 1,471,814.43

Deposits of U.S. Government... ;.

8,976.62

Dep<?s!ts of States and political sub-

dtvtstons................... 282,042.15

Deposits of banks..............

5,352.64

Certified and officers' checks, etc..

4,391.88

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....................

None

Other liabilities........... 131,671.98

Capital notes and debentures...... .

None

Preferred stock.............

None

Common stock............... 100,000.00

Surplus.................. 100,000.00

Undivided profits............

97,150.53

Reserves. . . . . . . . . . . . . . . .

None

Total Liabilities...........$ 3,388,144.53

STATEMENT Showing condition at the close of business December 31, 1968, 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.$ 375,931.37

United States Government obliga-

tions, direct and guaranteed ..... 1,210,706.50

Obligations of States and political

subdivisions. . . . . . . . . . . . . . .

None

Securities of Federal agencies and

b~~o~~t~~~~ . ~~~ . gu~~~t.e~~..~~ 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over

drafts....................... . 928,334.36

Bank premises, furniture and fixtures,

and other assets representing bank

premises..................

2,402.92

Real estate owned other than bank

premises..................

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets..................

None

Total Assets................$ 2,817,375.15

LIABILITIES

Demand deposits..............$ 1,098,343.31

lime and savings deposits........ 1,185,602.58

Deposits of U.S. Government......

3,607.32

Dep<?s!ts of States and political sub-

dtvtStons................... 265,226.64

Deposits of banks..............

None

Certified and officers' checks, etc...

2,976.72

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......................... .

None

Other liabilities................ .

16,165.58

Capital notes and debentures...... .

None

Preferred stock............... Common stock.................

5o,ooNoo.anoe

Surplus....................... . 150,000.00

Undivided profits.............

35,453.00

Reserves..................

10,000.00

Total Liabilities..............$ 2,817,375.15

FORTY-NINTH ANNUAL REPORT

119

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection.$
United States Government obligations, direct and guaranteed ...
Obligations of States and political subdivisions...............
Securities of Federal agencies and
u.s. corporations not guaranteed by 0 0 00 0 00000 000000 00000 000
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................... .

1,408,3070 75 759,412.13 423,306.03
None None 3,547,546.78
25,637.49 None None
18,965.06

Total Assets................$ 6,183,175.24

LIABILITIES

Demand deposits........$ 2,191,959.58

Time and savings deposits....... 2,049,489.72

Deposits of U.S. Government....

22,567.26

Dep<?s!ts of States and political sub-

diVISIOns.................... 1,146,856.97

Deposits of banks...............

None

Certified and officers' checks, etc...

16,210.51

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....................

None

Other liabilities.............. 125,044.62

Capital notes and debentures...... .

None

Preferred stock......

None

Common stock............... 150,000.00

Surplus.................. 300,000.00

Undivided profits.............. 181,046.58

Reserves.................

None

Total Liabilities....$ 6,183,175.24

STATEMENT Showing condition at the close of business December 31, 1968, 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

LIABILITIES

Cash, balances with other banks, and

cash items in process of collection..$ 582,980.06

United States Government obliga-

tions, direct and guaranteed ..... . 556,134.08

Obliga!ic;>~s of States and political

SubdiVISIOnS................ 574,352.68

Securities of Federal agencies and

U.?'~~t~~~~ . ~~~ ..g.u~~~t~~~. -~~ 899,887.50

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.................... 2,936,911.88

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . .

57,336.53

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................... .

None

Demand deposits...........$ 1,765,878.85

Time and savings deposits........ . 2,441,279.44

Deposits of U.S. Government...

41,588.39

Dep<?s!ts of States and political sub-

diVISions............. 613,813.07

Deposits of banks............... .

None

Certified ::nd officers' checks, etc.. .

23,064.78

Other liabilities for borrowed money. 100,000.00

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.................

None

Common stock.......... 150,000.00

Surplus................. 350,000.00

Undivided profits..............

96,978.20

Reserves...................... .

25,000.00

__________________ ________________ Total Assets...............$ 5,607,602.73

Total Liabilities...........$ 5,607,6-02.73

....~..

120

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, of

THEPEMBROKESTATEBANK Pembroke (Bryan), Ga.

As called for by the Superintendent of Banks

E. B. MILES, 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 coUection..$
United States Government obligations, direct and guaranteed ...
Obligations of States and political subdivisions. . ...............
Securities of Federal agencies and
cuo.rsp.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.nt.e.e.d. .b.y.
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..............

319,048.40 1,558,980.00
52,973.12
None None 1,710,176.93
57,668.87 None None
31,357.06

Total Assets............$ 3,730,204.38

LIABILITIES
Demand deposits..........$ Time and savings deposits........ . Deposits of U.S. Government...... . Dep<!s!ts of States and political sub-
divtSJons. . . . . . . . . . . . . . . . . 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............ Capitar notes and debentures...... Preferred stock............ Common stock............... Surplus............... Undivided profits............ Reserves................

1,451,909.70 1,406,984.23
27,599.59
376,561.69 None
19,044.26 None
None 153,658.87
None None 75,000.00 110,000.00 109,446.04 None

Total Liabilities........$ 3,730,204.38

STATEMENT Showing condition at the close of business December 31, 1968, of

THE BANK OF PERRY 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 coJiection..$
United States Government obligations, direct and guaranteed ....
Obligations of States and political subdivisions................
Securities of Federal agencies and
~1.o~~t~~~s. ~~~. -g~~~~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..................

1,826,082.59 2,363,759.61
566,475.58
None None 3,517,815.77
98,000.00 None None
16,027.73

Total Assets................$ 8,388,161.28

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. . . . . . . . . . . . . . . . . . . . . .

3,119,693.79 2,366,489.76
127,404.72
1,804,456.32 None
39,062.85 None
None 115,625.01
None None 200,000.00 300,000.00 315,428.83 None

Total Liabilities..............$ 8,388,161.28

FORTY-NINTH ANNUAL REPORT

121

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF PINEHURST Pinehurst (Doo1y), Ga.

As called for by the Superintendent of Banks

ALTON P. DRAUGHON, President.
Date of Charter: 1-1-1908

MARVIN LEE WILEY, JR., Cashier.
Began Business: 1904

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ...
Obliga!ic;>J!S of States and political SUbdaVISaons. . .......
Securities of Federal agencies and corporations not guaranteed by
u.s................. 00
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. . .................

.. 88,006.50 256,770.75
35,000.00
449,906.25 None
723,486.29
8,112.36 None None None

Total Assets..............$ 1,861,282.15

LIABILITIES
Demand deposits....$ Time and savings deposits...... Deposits of U.S. Government..... Dep<?s!ts of States and political sub-
divtsaons . . . . . . . . . . . . . . . . . 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 Other liabilities......... Capital notes and debentures..... Preferred stock.............. Common stock......... Surplus.......... Undivided profits........ Reserves.............

966,195.49 606,254.30
2,801.42
68,414.84 None
47,373.97 None
None 40,355.14
None None 25,000.00 75,000.00 29,886.99 None

Total Liabilities....$ 1,861,282.15

STATEMENT Showing condition at the close of business December 31, 1968, of

FARMERS AND MERCHANTS BANK Pine Mountain (Harris), Ga.

As called for by the Superintendent of Banks

W. K. JENKINS, 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..$ 524,275.73

United States Government obliga

lions, direct and guaranteed ..... 706,605.51

Obliga!ic;>l!S of States and political

SUbdaVISaOnS................. 537,506.12

Securities of Federal agencies and

. .. t~~o~~~~~~~ ~~~ g.u~~~~~~~ ..~~ 1,400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... 1,941,555.22

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... .

75,534.09

Real estate owned other than bank

premises....................

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets...................

None

LIABILITIES

D~mand dep<?sits. : . ......$ Tame ~nd savmgs deposals. . . . . . . . .

22,,008125,,348390..5228

Deposals of U.S. Government....... 103 586 84

Dep<?s!ts of States and political sub

'

daVISaons.................... . Deposits of banks............... Certified end officers' checks, etc... Other liabilities for borrowed money. Acceptances exe.uted by or for ac

533,308.31
None 14,903.29
None

count of this bank and outstand

ing......................... . Other liabilities................ . Capital notes and debentures...... . Preferred stock................. Common stock................. Surplus...................... Undivided profits............... Reserves...................... .

None None None None 100,000.00 200,000.00 135,858.43 None

Total Assets...............$ 5,185,476.67

Total Liabilities...............$ 5,185,476.67

_ . . L . __ _

122

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 obligations, direct and guaranteed ....
Obligations of States and political subdivisions. . . . . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n .t e.e.d. .b.y.
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.................

206,780.04 445,800.00
5,000.00
165,000.00 None
443,468.18
1,601.00 None None None

Total Assets...........$ 1,267,649.22

LIABILITIES
Demand deposits..........$ Time and savings deposits. . .... , .. Deposits of U.S. Government..... Dep<?s!ts of States and political sub-
diVJSJons. . . . . . . . . . . . . . . . . . . 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 . . . . . . . . . . . . . . .

578,795.42 427,491.25
1,399.31
123,043.90 None
3,337.56 None
None None None None 25,000.00 25,000.00 15,000.00 68,581.78

Total Liabilities..........$ 1,267,649.22

STATEMENT Showing condition at the close of business December 31, 1968, 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

cash items in process of collection..$ 733,587.94

United States Government obliga-

tions, direct and guaranteed ..... 836,194.77 Obliga!ic;>~s of States and political

SubdiVISIOnS................. 705,543.57

Securities of Federal agencies and

t~1.o~~t~~~~ ~~~ ..g.u~~~t~~~.~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts....................... 2,664,512.95

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... Real estate owned other than bank

16,029.77

premises. . . . . . . . . . . . . . . . . . . Customers' liability to this bank on

20,750.00

acceptances outstanding........ . Other assets..................

None None

Total Assets..............$ 4,976,619.00

LIABILITIES

Demand deposits...............$ 2 289 385.55

Time and savings deposits. . . . . . . . 1:499:583.44

Deposits of U.S. Government....... 36,407.41

Dep<?s!ts of States and political sub-

diVISIOns................... 613,346.12

Deposits of banks............... 32,233.70

Certified and officers' checks, etc...

8,439.74

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities............... 44,431.89

Capital notes and debentures...... .

None

Preferred stock................

None

Common stock................ 100,000.00

Surplus....................... . 100,000.00

Undivided profits............. 152,791.15

Reserves.................... 100,000.00

Total Liabilities..............$ 4,976,619.00

FORTY-NINTH ANNUAL REPORT

123

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE TATTNALL BANK Reidsville (Tattnall), Ga.

As called for by the Superintendent of Banks

RALPH HUCKABEE, President.
Date of Charter: 9-14-1900

E. B. REGISTER, Cashier.
Began Business: 10-22-1900

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 556,647.01

United States Government obliga

tions, direct and guaranteed .. 1,079,762.00

Obligations of States and political

subdivisions............ 668,583.23

Securities of Federal agencies and

corporations not guaranteed by

u.s.............. 100,000.00
Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts..................... 2,438,700.06

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................

89,047.53

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

1.00

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. . ............

560.00

Total Assets.............$ 4,933,300.83

LIABILITIES

Demand deposits.......$ 1,863,463.02 Time and savings deposits...... 1,976,765.91 Deposits of U.S. Government. 172,463.58 Dep'!s!ts of States and political sub-

dtVtsaons . . . . . . . . . . . . . . . Deposits of banks............ Certified and officers' checks, etc.. Other liabilities for borrowed money. Acceptances executed by or for ac-

422,136.44 42,798.99 16,195.87 None

count of this bank and outstand-

ing.. Other liabilities.............

None None

Capital notes and debentures...... .

None

Preferred stock.............. Common stock..............

None 100,000.00

Surplus................ 250,000.00

Undivided profits..............

89,477.02

Reserves...............

None

Total Liabilities......$ 4,933,300.83

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, direct and guaranteed .....
Obliga!i~'!s of States and political
SUbdiVISIOnS.
Securities of Federal agencies and
~r.~~t~~~~ . ~~~ ..g.u~~~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. ............

267,229.04 934,489.83
None
100,000.00 None
497,638.19
1,542.84 None None
1,204.62

Total Assets................$ 1,802,104.52

LIABILITIES
Demand deposits......$ Time and savings deposits........ Deposits of U.S. Government.... De(K!S!ts of States and political sub
diVISIOnS
Deposits of banks...... Certified end 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................

635,018.90 681,649.73
4,318.26
308,416.47 10,000.00 None None
None None None None 50,000.00 75,000.00 27,701.16 10,000.00

Total Liabilities.........$ 1,802,104.52

124

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

MRS. LAWANNA HILL, Cashier.
Began Business: 9-8-1922

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 656,904.79

United States Government obliga-

tions, direct and guaranteed .. 343,967.97

Obligations of States and political

subdivisions......... 328,295.91

Securities of Federal agencies and

IT.~o~~t~~~s- . ~~~ -~~~~t~~~. -~~ 800,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts................. 2,141,959.84

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . .....

11,147.33

Real estate owned other than bank

premises.............

8,180.96

Customers' liability to this bank on

acceptances outstanding.....

None

Other assets.......

7,739.75

Total Assets..........$ 4,298,196.55

LIABILITIES

Demand deposits...$ 1,469,718.52

Time and savings deposits. . . 1,911,136.72

Deposits of u.~. Government...

23,568.76

Dep<!'!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-

359,000.80
112,448.53
18,636.98 None

count of this bank and outstand-

ing......... other liabilities........ Capital notes and debentures.... Preferred stock..... Common stock...... Surplus....... Undivided profits..... Reserves . . . . . . . .

None 24,950.55
None None 100,000.00 200,000.00 54,785.15 23,950.54

Total Liabilities..$ 4,298,196.55

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection$ United States Government obliga-
tions, direct and guaranteed ... Obligations of States and political
subdivisions......... Securities of Federal agencies and
IT.r.~~t~~~s-. ~~~. -g~~~~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..................

172,445.63 806,046.60
None
100,000.00 None
332,524.80
661.35 None None None

LIABILITIES
Demand deposits.......$ Time and savings deposits.... Deposits of U.S. Government.... DePI!'!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. . . . . . . . . . . . . . . . .

488,135.09 563,760.08
192.69
124,211.51 None
1,239.07 None
None None None None 100,000.00 75,000.00 59,139.94 None

Total Assets...............$ 1,411,678.38

Total Liabilities...........$ 1,411,678.38

FORTY-NINTH ANNUAL REPORT

125

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 10-15-1927

ASSETS Cash, balances with other banks, and
cash Items in process of collection.$ United States Government obliga-
tions, direct and guaranteed Obliga~i~J!S of States and political
subdlVISlOns. ..... Securities of Federal a1encies and
w.r.~~t~~~~ ~~~ -~~~~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.
Loans and discounts, includin1 overdrafts.......
Bank premises, furniture and f"lxtures, and other assets representin1 bank premises.
Real estate owned other than bank premises....
Customers' liability to this bank on acceptances outstandin1. . ..
Other assets........

168,350.27 371,296.88
24,949.91
729,887.50 None
506,700.73
30,514.23 None None
141,187.32

Total Assets....$ 1,972,886.84

LIABILITIES
s Demand deposits..
Time and savinp deposits. Deposits of U.S. Government. Dep<!s!ts of States and political sub-
diVISlons . . 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 outstandinl- ........ Other liabilities....... capital notes and debentures... Preferred stock.. Common stock...... Surplus.... Undivided pronts.... Reserves . . . . . . .

971,736.31 632,711.20
24,041.49
115,975.93 27,426.29 6,047.02 None
None 11,432.23
None None 40,000.00 110,000.00 20,000.00 13,516.37

Total Liabilities......$ 1,972,886.84

STATEMENT Showing condition at the close of business December 31, 1968, 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 process of collection..$ United States Government obliga-
tions, direct and guaranteed .... Obliga~i~J!S of States and political
SUbdlVISlOns . . . . . . 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 fixtures, and other assets representing bank premises..............
Real estate owned other than bank premises...........
Customers' liability to this bank on acceptances outstandin1........
Other assets...............

1,304,117.79 1,560,076.32
109,098.41
929,906.25 None
1,857,465.67
10,269.99 35,001.00
None 3,208.50

Total Assets................$ 5,809,143.93

LIABILITIES

Demand deposits....$ 2,253,649.90

Time and savinp deposits 2,211,492.92

Deposits of U.S. Government...... .

54,354.52

Dep<!sits of States and political sub-

divisions........... 876,626.15

Deposits of banks.......

None

Certif"led :md off"lcers' checks, etc...

25,492.44

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...........

None

Common stock................ 100,000.00

Surplus...................... 250,000.00

Undivided prof"lts..............

37,528.00

Reserves . . . . . . . . . . . . . . . . . . . . .

None

Total Liabilities............$ 5,809,143.93

126

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection.$
United States Government obliga tions, 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 over drafts.....................
Bank prem~s. 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.................

391,891.87 219,289.06
46,098.82
769,812.50 None
223,491.68
5,591.30 None None None

Total Assets.............$ 1,656,175.23

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 outstand ing..................... Other liabilities................ Capital notes and debentures...... . Preferred stock............ Common stock................. Surplus.................. Undivided profits............ Reserves. . . . . . . . . . . . . . . . . . . .

646,541.83 629,959.44
None
226,052.47 None
1,452.38 None
None 5,000.00
None None 50,000.00 70,000.00 27,169.11 None

Total Liabilities..........$ 1,656,175.23

STATEMENT Showing condition at the close of business December 31, 1968, 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.
Began Business: 8-1-1947

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obliga tions, direct and guaranteed ....
Obligations of States and political subdivisions.................
Securities of Federal agencies and
u~r.~~t~~~s.. ~~~ . gu~~~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 acceptances outstanding........ .
Other assets..................

739,687.82 275,015.19
27,306.25
341,500.93 None
577,780.08
3,248.60 None None None

LIABILITIES

Demand deposits............$ 1,037,298.55

1 ime and savings deposits...... 523,189.87

Deposits of U.S. Government...... . 16,301.79

Dep~s!ts 1>f States and political sub

diVISIOnS , , , , , , , , , ,

178,446.16

Deposits of banks...........

None

Certified and officers' checks, etc.. 11,816.39

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing..................... Other liabilities............... Capital notes and debeqtures......

None

7,743.22

)

None

Preferred stock..............

None

Common stock................ 50,000.00

Surplus.................... 75,000.00

Undivided profits............... 64,742.89

Reserves . . . . . . . . . . . . . . . . . . . . .

None

Total Assets............$ 1,964,538.87

Total Liabilities............$ 1,964,538.87

FORTY-NINTH ANNUAL REPORT

127

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE ROCKMART BANK Rockmart (Polk), Ga.

As called for by the Superintendent of Banks

GEO. H. SCOTT, President.
Date of Charter: I 0-30-1900

JAMES E. WHITE, Cashier.
Began Business: 1900

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
cuo.rsp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.a.nt.e.e.d. .b.y.
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 acceptances outstanding........
Other assets..................
Total Assets...........$

881,472.41 948,843.68 1,713,528.43
234,950.00 None
5,119,593.50
142,901.76 None None
4,921.26 9,046,211.04

LIABILITIES

Demand deposits.............$ 3,017,721.00

Time and savings deposits. . .... 4,804,538.21

Deposits of U.S. Government...

53,870.18

Dep~&!ts of States and political sub-

diVISions................... 454,870.91

Deposits of banks..........

None

Certified and officers' checks, etc.

17,246.58

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing... Other liabilities..............

None 107,093.34

Capital notes and debentures...

None

Preferred stock...............

None

Common stock............. 150,000.00

Surplus......... 250,000.00

Undivided profits........ 163,323.13

Reserves.........

27,547.69

Total Liabilities......$ 9,046,211.04

STATEMENT

Showing condition at the close of business December 31, 1968, 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, 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
t~~o~~t~~~s.. ~~~ ..g.u~~~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................... .

1,684,119.12 3,533,014.13 3,041,525.40
2,500,075.00 10,000.00
7,016,818.11
185,781.25 60,000.00 None 95,185.70

Total Assets.................$ 18,126,518.71

LIABILITIES
Demand deposits...........$ Time and savings deposits.. Deposits of U.S. Government...... . De~s!ts of States and political sub-
diVISIOns . . . . . . . . . . . . . . . . . . Deposits of banks............... Certified end 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................

6,468,617.45 8,088,415.40
270,633.54
1,725,726.98 81,121.02 83,818.97 None
None 164,648.17
None None 400,000.00 300,000.00 2,505.80 541,031.38

Total Liabilities..........$ 18,126,518.71

128

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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, balances with other banks, and

cash items in process of coUection$ I ,130,880.02

United States Government oblip-

tions, direct and guaranteed 1,684,291.82

Obliga~i~f!S of States and political

SUbdtVISIOns. ... 1,254,222.37

Securities of Federal agencies and

t~r.~~t~~~s.. ~~~ g~~~~t~~~. -~~ 649,694.89

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts...... 5,321,939.23

Bank premises, furniture and fixtures,

and other assets representing bank

premises.... 238,057.02

Real estate owued other than bank

premises.....

None

Customen' liability to this bank on

acceptances outstanding.

None

Other assets.. 66,458.51

Total Assets..$10,345,543.86

LIABILITIES

Demand deposits$ 2,632,690.69

Time and savings deposits. . . 5,497,489.49

Deposits of U.S. Government....... 246,751.33

De~~'::.'. ~t~~~.~~~ -~~t~~a~ .~~ 470,958.29

Deposits of banks. . . . . .

None

Certified and officen' checks, etc. . 113,321.96

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities. .... 546,552.49

Capital notes and debentures..

None

Preferred stock....

None

Common stock..... 375,000.00

Surplus.... 250,000.00

Undivided profits.. 212,779.61

Reserves...

None

Total Liabilities...$10,345,543.86

STATEMENT Showing condition at the close of business December 31, 1968, 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$ 539,315.06

United States Government oblip-

tions, direct and auaranteed 1,081,883.64

Obligations of States and political

subdivisions...

None

Securities of Federal agencies and

t~r.~~t~~~s. ~~~. -~-~~~t~~~~~

None

Other securities, corporate stocks and

stock in Federal Reserve Bank. :

None

Loans and discounts, including over-

drafts........ 2,485,853.84

Bank premises, furniture and fixtures,

and other assets representing bank

premises............ 133,729.76

Real estate owned other than bank

premises...........

None

Customen' liability to this bank on

acceptances outstanding....

None

Other assets....... 33,167.75

LIABILITIES

Demand deposits..$ 1,069,093.79

Time and savings deposits. . 1,942,366.84

Deposits of U.S. Government. . . 11,205.17

De~s!ts of States and political sub-

dtVISlons........ 493,750.00

Deposits of banks.... Certified and officers' checks, etc.

None 9,546.15

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing............

None

Other liabilities....... 309,823.46

Capital notes and debentures..

None

Preferred stock..........

None

Common stock........ 200,000.00

Surplus......... 150,000.00

Undivided profits........ 68,164.64

Reserves.......... 20,000.00

Total Assets......$ 4,273,950.05

Total Liabilities......$ 4,273,950.05

FORTY-NINTH ANNUAL REPORT

129

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$ 1,559,853.27

United States Government obliga-

tions, direct and guaranteed 3,176,030.22

Obligations of States and political

subdivisions. . ...... 1,162,835.48

Securities of Federal agencies and

ITr.'~~t~~~~ _~~~ . -g~~~~t~~~ .~~ 324,877.08

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts.......... 8,099,930.83

Bank premises, furniture and fixtures,

and other assets representing bank

premises.......... 237,183.74

Real estate owned other than bank

premises...............

None

Customen' liability to this bank on

acceptances outstanding. .

None

Other assets. . .......

66,729.85

Total Assets......$14,627,440.47

LIABILITIES
Demand deposits.$ Time and savings deposits... Deposits of U.S. Government. Dep?&!ts of States and political sub-
divisions......... 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 . . . . . . . . . .

4,911,785.54 6,680,936.46
108,665.59
828,212.70 575,422.33 173,974.90
None
None 220,056.60
None None 300,000.00 400,000.00 128,386.35 300,000.00

Total Liabilities. , ..$ 14,627,440.47

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obligations, direct and guaranteed .
Obliga!i~~s of States and political SUbdtVIStOnS. ........
Securities of Federal agencies and
t~r.'~t~~~s- . ~~~ ..g.u~~~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..............$

684,436.27 1,787,125.23 1,789,188.38
50,000.00 None
3,005,296.49
134,534.52 None

LIABILITIES
Demand deposits.$ Time and savings deposits....... Deposits of U.S. Government..... Dep?s!ts of States and political sub
dtVJStons. . . . . . . . . . . . . . Deposits of banks......... Certified ;nd 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 . . . . . . . . . . . . . . . . . . . . . .

3,039,850.06 3,658,788.19
64,051.64
156,534.50 None None None
None 116,045.22
None None 200,000.00 150,000.00 127,979.39 None

None 62,668.11

_ __________________ 7,513,249.00 _._

Total Liabilities............$ 7,513,2.4..9...00

130

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 163,819.58

United States Government obliga-

tions, direct and guaranteed . . 531,818.75

Obliga~ic;>J)S of States and political

subdJvtSJons. . . . . . . . . . . . . . . . 64,865.29

Securities of Federal agencies and

cuo.srp.o.ra.ti.o.n.s. . n. o. t. . .g.u.a.ra.n.t.ee.d. . .b.y. 289,665.61

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts... . . . . . . . . . . . . . . . . . 1,168,285.11

Bank premises, furniture and fixtures,

and other BS'i"tS representing bank

premises. . . . . . . . . . . . . . . 30,354.88

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . .

1,581.40

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . .

None

Total Assets............$ 2,250,390.62

LIABILITIES
Demand deposits.........$ Time and savings deposits...... Deposits of U.S. Government... ... DefK!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................ Other liabilities........... Capital notes and debentures...... Preferred stock.......... Common stock............. Surplus.................... Undivided profits.......... Reserves.................

660,054.62 1,067,320.89
5,353.34
275,749.29 None
3,282.94 None
None None None None 50,000.00 75,000.00 106,072.44 7,557.10

Total Liabilities...........$ 2,250,390.62

STATEMENT Showing condition at the close of business December 31, 1968, of

ST. MARYS STATE BANK St. Marys (Camden), Ga.

As called for by the Superintendent of Banks

FLEM J. HALL, President.
Date of Charter: 4-12-1955

FRANK W. BRUMLEY, Cashier.
Began Business: 8-4-1955

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,125,685.08

United States Government obliga-

tions, direct and guaranteed .. 666,720.84

Obligations of States and political

subdivisions............... 154,925.56

Securities of Federal agencies and

t~r.~~t~~~~. ~~~ ..g.u~~~t~~~- -~~ 290,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts..................... 1,536,865.86

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 65,193.96

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding.......

None

Other assets..................

4,729.20

Total Assets................$ 3,844,120.50

LIABILITIES
Demand deposits..........$ Time and savings deposits...... Deposits of U.S. Government..... Dep!S!ts of States and political sub
dJvtSIOnS. . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . .

1,151,575.52 1,215,481.16
207,279.39
854,739.62 None
7,926.29 9,000.00
None 99,491.06
None None 100,000.00 150,000.00 48,627.46 None

Total Liabilities.............$ 3,844,120.50

FORTY-NINTH ANNUAL REPORT

131

STATEMENT

Showing condition at the close of business December 31, 1968, of

ST. SIMONS STATE BANK St. Simons Island (Glynn), Ga.

As called for by the Superintendent of Banks

E. R. BUFKIN, President.
Date ofCharter: 4-24-1950

RALPH A. WADE, Cashier.
Began Business: 6-l-1950

ASSETS

Cash, balances with other banks, and

cash items in process of coUection $ 615,784.44

United States Government obliga-

tions, direct and guaranteed . 1,026,143.68

Obligations of States and political

subdivisions. . . . . . . . . . . . . . 186,920.46

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. 400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . 2,858,914.92

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 121,884.38

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . .

8,698.70

Total Assets.........$ 5,218,346.58

LIABILITIES
Demand deposits......$ Time and savings deposits... Deposits of U.S. Government.... Dep?s!ts of States and political sub-
dlVISJons . . . . . . . . . . . . . . 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 . . . . . . .

2,199,566.64 2,039,442.69
120,385.81
244,612.64 121,146.78 107,892.49
None
None 56,579.48
None None 100,000.00 175,000.00 53,720.05 None

Total Liabilities......$ 5,218,346.58

STATEMENT Showing condition at the close of business December 31, 1968, of

CITIZENS BANK OF WASHINGTON COUNTY Sandersville (Washington), Ga.

As called for by the Superintendent of Banks

E. P. LEE, President.
Date of Charter: 1-6-1965

J.P. BARKER, JR., Cashier.
Began Business: 5-3-1965

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
t~r.~~t~~~~. ~~~ ..g.u~~~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.................

775,036.56 264,234.06
11,000.00
300,000.00 None
1,841,395.56
152,323.61 None None
2,175.00

LIABILITIES
Demand deposits.......$ Time and savings deposits....... Deposits of U.S. Government. DeP?S!ts of States and political sub-
dtVIStons. . . . . . . . . . . Deposits of banks............. Certified Gnd officers' checks, etc.. Other liabilities for borrowed money. Acceptances exe~uted by or for ac-
count of this bank and outstand ing.............. Other liabilities........... Capital notes anddebentures...... . Preferred stock............. Common stock........... Surplus................ Undivided profits............. Reserves...................

1,221,279.26 1,311,844.92
36,537.75
346,417.40 None
6,695.63 None
None 10,000.00
None None 200,000.00 150,000.00 53,856.61 9,533.22

-

-

Total Assets.....
--------------

.......
-------

. . .$
----

3,346,164.79
----------

L--

-

-

-

-T-o-ta-l

-L-ia-b-il-it-ie-s.-.--.--.-.-..-.-.-.-..-.-$-

-3-,3-4-6-,1-6-4-.7-9

132

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, 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. EVERETT, Cashier.
Began Business: 3-18-1957

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obligations, direct and guaranteed
ObliiB!ic_>J!S of States and political subdtVJSJons. . . . . .
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.
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. . . .

2,559,762.38 2,810,911.98 1,226,005.48
75,000.00 None
4,845,570.05
127,714.88 64,904.31
None None

Total Assets..$ _11,709,869.08

LIABILITIES

Demand deposits.$ 6,576,762.74

Time and savings deposits. . . 3,261,221.85

Deposits of U.S. Government....... 228,790.07

Dep<?sits of States and political sub-

divisions....... 808,124.38

Deposits of banks.....

None

Certified and officers' checks, etc.

9,276.98

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.

None

Other liabilities......

8,000.00

Capital notes and debentures..

None

Preferred stock....

None

Common stock........ 200,000.00

Surplus..... 400,000.00

Undivided profits...... 217,693.06

Reserves. .......

None

Total Liabilities... .. -SI1,709,896.08

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF SARDIS Sardis (Burke), Ga.

As called for by the Superintendent of Banks

W.H.SMITH, President.
Date ofCharter: 4-27-1945

L. F. BARGERON, Cashier.
B~gan Business: 7-2-1945

ASSETS Cash, balances with other banks, and
cash items in process of collection.$ United States Government obliga-
tions, direct and guaranteed . Obliptions of States and political
subdivisions...... Securities of Federal agencies and
t~r.~~t~~~s. ~~~ S.U~~~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' JiabUity to this bank on acceptances outstanding...
Other assets........

201,139.82 241,877.55
3,000.00
155,000.00 None
921,013.47
56,305.76 None None None

Total Assets......$ 1,578,336.60

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 outstanding . . . . . . . . . . . . . . . . . . Other liabilities........ Capital notes and debentures.... Preferred stock.......... Common stock........ : ... Surplus................ Undivided profits......... Reserves . . . . . . . . . . . . . . . .

542,089.86 677,542.02
2,327.05 147,937.00 20,901.55
2,563.30 None
None 6,919.38
None None 60,000.00 80,000.00 38,056.44 None

Total Liabilities..........$ 1,578,336.60

FORTY-NINTH ANNUAL REPORT

133

STATEMENT Showing condition at the close of business December 31, 1968, of

ATLANTIC SAVINGS AND TRUST COMPANY Savannah (Chatham), Ga.

As called for by the Superintendent of Banks

EDGARR. TERRY, President.
Date of Charter: 11-6-1933

JAS. J. JOHNSON, Cashier.
Began Business: 11-6-1933

ASSETS

Cash-, balances with other banks, and

cash items in process of collectionS 244,219.15

United States Government oblige

tiona, direct and guaranteed . 795,752.69

Obligations of States and political

subdivisions. . . .

None

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. 149,875.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over

drafts. . . . . . . . . 3,782,442.95

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . 131,378.79

Real estate owned other than bank

premises. . . .

None

Customen' liability to this bank on

acceptances outstanding. .

None

Other assets. . . . . . 41,290.14

Total Assets...S 5,144,958.72

LIABILITIES

Demand depositsS Time and savings deposits.

None 4,084,363.80

Deposits of U.S. Government.

None

Dep<?sits of States and political sub

divisions.... 380,625.00

Deposits of banks.....

10,000.00

Certified and officers checks, etc. 37,632.77

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing

None

Other liabilities. . 48,091.58

Capital notes and debentures.

None

Preferred stock..

None

Common stock.. 300,000.00

Surplus 200,000.00

Undivided profits.

83,557.16

Reserves.

688.41

Total Liabilities..S 5,144,958.72

STATEMENT Showing condition at the close of business December 31, 1968, of

THE CARVER STATE BANK 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 collection..S 272,011.15

United States Government obliga

tions, direct and guaranteed . 1,471,541.22

Obligations of States and political

subdivisions.......... 212,420.04

Securities of Federal agencies and

~?,'~~t~~~~ . ~~~. -~~~t.e~~~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over

drafts............. 959,293.04

Bank premises, furniture and fixtures,

and other assets representing bank

premises............... 46,070.21

Real estate owned other than bank

premises.............

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets.............

4,801.00

LIABILITIES

Demand deposits....S 318,512.87

Time and savings deposits. . 1,762,475.65

Deposits of U.S. Government......

None

Dep<?Sits of States and political sub

divisions...... 651,611.99

Deposits of banks....

8,000.00

Certified :1nd officers' checks, etc.

15,053.94

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac

count of this bank and outstand

ing..............

None

Other liabilities..........

15,250.24

Capital notes and debentures...

None

Preferred stock........

None

Common stock............. 150.000.00

Surplus............... 55,720.00

Undivided profits........

57,595.86

Reserves . . . . . . . . . . . . . . . .

31,916.11

Total Assets............$ 3,066,136.66

Total Liabilities...........$ 3,066,136.66

---'--------------------.

134

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 coDection..$ 97,238.50

United States Government obliga-

tions, direct and guaranteed ... 417,553.40

Obligations of States and political

subdivisions. . ................ 366,578.85

Securities of Federal agencies and

corporations not guaranteed by

Outh.esr.s.ecurities,corporatestocksand

None

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts..................... 3,497,130.24

Bank premises, furnitlll'e and fixtures,

and other assets representing bank

premises................ 100,984.36

Real estate owued other than bank

premises. . . . . . . . . . . . . . . .

29,952.03

Customers' liability to this bank on

acceptances outstanding......

None

Other assets.............

1.00

Total Assets..............$ 4,509,438.38

LIABILITIES

Demand deposits.........$

367.31

Time and savings deposits...... 3,549,540.45

Deposits of U.S. Government......

677.27

Dep<?s!ts of States and political sub-

diVISions.................. .200,721.86

Deposits of banks.............

10,933.03

Certified and officers' checks, etc..

2,037.00

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.................

None

Other liabilities.............

3,200.00

Capital notes and debentures......

None

Preferred stock...........

None

Common stock.............. 300,000.00

Surplus................. 300,000.00

Undivided profits......... 121,961.46

Reserves. . . . . . . . . . . . . . .

20,000.00

Total Liabilities.........$ 4,509,438.38

STATEMENT Showing condition at the close of business December 31, 1968, of

GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah (Chatham), Ga.

As called for by the Superintendent of Banks

S. A. BREWTON, President.
Date of Charter: 7-29-1909

J. LAURENCE DUNN, Cashier.
Began Business: 8-4-1909

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 244,071.84

United States Government obliga-

tions, direct and guaranteed .... 648,154.35

Obliga~iC?~s of States and political

subdiVISIOnS............. 947,619.90

Securities of Federal agencies and

~r.~~t~~~s-. ~~~ ..'."~~~t~~~- -~~ 550,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts................... 9,815,139.63

Bank premises, furniture and fixtures,

and other assets representing bank

premises...................

1,335.25

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

2,936.65

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets.................

2,089.18

Total Assets............$ 12,211,346.80

LIABILITIES

Demand deposits............$

None

Time and savings deposits....... 10,514,788.26

Deposits of U.S. Government.......

None

Depl!s!ts of States and political sub-

diVISIOns................... 356,503.09

Deposits of banks...............

35,000.00

Certified and officers' checks, etc...

2,364.18

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.....................

None

Other liabilities.............. 143,829.84

Capital notes and debentures...... .

None

Preferred stock................

None

Common stock................. 325,000.00

Surplus...................... 500,000.00

Undivided profits............... 208,861.43

Reserves..................... 125,000.00

Total Liabilities............$ 12,211,346.80

FORTY-NINTH ANNUAL REPORT

135

STATEMENT

Showing condition at the close of business December 31, 1968, 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:.!~

ASSETS
Cash, balances with other banks, and cash items in process of collection.$
United States Government obligations, direct and guaranteed . . .
Obliga~ic;>'!s of States and political subdiVISIOnS...................
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.
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. . . . . . . . . . . .

239,912.58 792,766.14 451,458.30
200,000.00 None
2,212,866.56
125,992.83 None None
12,132.55

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...............

739,076.65 2,168,373.13
None
278,260.97 None
19,909.80 None
None 315,229.16
None None 225,000.00 175,000.00 105,751.73 8,527.52

Total Assets..........$ 4,035,128.96

Total Liabilities.........$ 4,035,128.96

STATEMENT Showing condition at the close of business December 31, 1968, 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

Cash, balances with other banks, and

cash items in process of collection.$ 9,350,173.35

United States Government obliga-

tions, direct and guaranteed ..... . 14,778,770.16

Obligations of States and political

subdivisions. . ............. 6,559,390.81

Securities of Federal agencies and

~r.~~t~~~~ . ~~~ ..g.u~~~t.e~~..~~ 1,000,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.... 185,000.00

Loans and discounts, including over-

drafts...................... .. 57,488,263.21

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... .. 1,680,639.74

Real estate owned other than bank

premises................... ..

33,565.06

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets.................. 776,919.51

LIABILITIES

Demand deposits..........$ 36,456,963.77

Time and savings deposits... 37,279,448.35

Deposits of U.S. Government......

290,856.68

DeP'!s!ts of States and political sub-

dJVJSJons................... .. 4,320,416.14

Deposits of banks............ 3,224,504.73

Certified ::nd officers' checks, etc... 925,546.41

Other liabilities for borrowed money.

None

Acceptances exe~uled by or for ac-

count of this bank and outstand-

ing......................... .

None

Other liabilities............. 2,435,263.32

Capital notes and debentures....

None

Preferred stock...........

None

Common stock.............. 1,815,000.00

Surplus................ 4,185,000.00

Undivided profits............. 762,675.61

Reserves................... 157,046.83

Total Assets..............$ 91,852,721.84

Total Liabilities..........$ 91,852,721.84

-------------------------------------L---------------------------------------

136

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection$
United States Government obliptions, direct and guaranteed
Obligations of States and political subdivisions. . . .
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.
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. . . . .
C~~~~~t~:e~ia!:f!fa~3i~:.~ ~~~~ -~~
Other assets. . . .

180,280.18 747,616.38
1,400.00
150,020.22 None
933,964.97
37,064.43 None None
725.76

Total Assets..$ 2,051,071.94

LIABILITIES Demand deposits.$ Time and savings deposits. . Deposits of U.S. Government... Depc?B!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 prof"rts... Reserves . . . .

796,569.58 883,956.89
6,097.12
110,809.35 None
3,104.96 50,000.00
None 71,998.04
None None 30,000.00 55,000.00 33,536.00 10,000.00

Total Liabilities...$ 2,051,071.94

STATEMENT Showing condition at the close of business December 31, 1968, 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$ 260,538.52

United States Government obliga-

tions, direct and guaranteed .. 418,937.50

Obliga!i~J!S of States and political

SUbdtVISIODS...... 130,270.78

Securities of Federal a11encies and

t?.~~t~~~s ~~~. -~~~~t~~~..~~ 529,995.31

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts......... 1,313,961.76

Bank premises, furniture and fixtures,

and other assets representin11 bank

premises......... 22,915.69

Real estate owned other than bank

premises..........

None

Customers' liability to this bank on

acceptances outstandin11......

None

Other assets.............

1,941.40

LIABILITIES

Demand deposits...$ 1,385,842.76

Time and savings deposits.. 791,417.17

Deposits of U.S. Government...

10,233.28

Depc?sits of States and political sub-

dtvisions...... 186,929.86

De~its of banks....

None

Certified and officers' checks, etc

19,182.26

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

inB . . . . . . . .

None

Other liabilities.........

13,500.00

Capital notes and debentures.....

None

Preferred stock........

None

Common stock......... 50,000.00

Surplus............ 125,000.00

Undivided profits........

96,455.63

Reserves . . . . . . . . . . . . . .

None

Total Assets..........$ 2,678,560.96

Total Liabilities..........$ 2,678,560.96

FORTY-NINTH ANNUAL REPORT

137

STATEMENT

Showing condition at the close of business December 31, 1968, 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.
Began Business: 8-5-1946

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 2,860,707.99

United States Government obliga-

tions, direct and guaranteed . . 3,123,123.00

Obliga~i~J!S of States and political

subdiVISIOnS. . . . . . . . . 3,028,768.39

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. 1,448,968.75

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over-

drafts.......... . . . . . 9,025,277.47

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . 492,981.81

Real estate owned other than bank

premises. . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. .

None

Other assets. . . . . . . .

26,971.75

Total Assets.......$20,006,799.16

LIABILITIES

Demand deposits$ 8,588,980.21

Time and savings deposits. 7,565,022.07

Deposits of U.S. Government 131,655.21

DeJM!S!ts of States and political sub-

diVlSlons........ 1,608,511.54

Deposits of banks..

11,800.00

Certified and officers' checks, etc.

44,675.76

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities.. 446,974.84

Capital notes and debentures

None

Preferred stock...

None

Common stock.... 500,000.00

Surplus.... 750,000.00

Undivided profits. 233,466.57

Reserves..... 125,712.96

Total Liabilities$ 20,006,799.16

STATEMENT

SOCIAL CIRCLE BANK Social Circle (Walton), Ga.

As called for by the Superintendent of Banks

ROY J. MALCOM, President.
Date ofCharter: 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..$ 503,069.71

United States Government obliga-

tions, direct and guaranteed .... 475,231.69

Obliga~i~J!S of States and political

SUbdtVJStOnS.......... 457,415.90

Securities of Federal agencies and

tT.~~t~~~~ ~~~ ..g.u~~~t.e~~~~ 555,759.38

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts................ 2,167,228.48

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................

33,280.78

Real estate owned other than bank premises. . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. .............

13,262.44

LIABILITIES

Demand deposits.....$ 1,352,985.29

Time and savings deposits.... 1,847,941.50

Deposits of U.S. Government...

37,731.90

De!"!5!ts of States and political sub-

dtVJStons........... 411,577.12

Deposits of banks......

None

Certified end officers' checks, etc.

12,170.73

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand

ing.................

None

Other liabilities........ 222,963.77

Capital notes and debentures....

None

Preferred stock...........

None

Common stock........... '

50,000.00

Surplus................. 175,000.00

Undivided profits..........

94,878.07

Reserves.................

None

Total Assets..............$ 4,205,248.38

Total Liabilities.............S 4,205,248.38

--'------------------------

138

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF SOPERTON Soperton (Treut1en), Ga.

As called for by the Superintendent of Banks

llM 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 c:ollec:tion..$ 889,444.05

United States Government obliga-

tions, direct and guaranteed . . . 1,243,145.63

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . 544,788.39

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. 750,057.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . 25,000.00

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . . . . . . . 3,273,934.55

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . .

4,800.00

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

1.00

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . . .

1,629.75

Total Assets.............$ 6,732,800.37

LIABILITIES

Demand deposits.............$ 2,232,158.61

Time and savings deposits. . ..... 3,330,545.44

Deposits of U.S. Government......

37,304.61

Dep'?s!ts of States and political sub-

divtstons.................. 462,266.69

Deposits of banks..........

None

Certified and officers' checks, etc:..

30,775.37

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..........

None

Other liabilities.......... 160,486.77

Capital notes and debentures...... .

None

Preferred stock.............

None

Common stock............ 100,000.00

Surplus................. 250,000.00

Undivided profits.......... 129,262.88

Reserves..................

None

Total Liabilities.....$ 6,732,800.37

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF HANCOCK COUNTY 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.
Began Business: 9-5-1904

ASSETS

Cash, balances with other banks, and

cash items in process of c:ollec:tion..$ 526,953.60

United States Government obliga-

tions, direct and guaranteed ..... 905,265.97

Obliga!i~~s of States and political

subdiVISIOnS............. 635,663.48

Securities of Federal agencies and

b~1.o~~t~~~s. ~~~ .g.u~~~t~~~- -~~ 674,709.38

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts...................... 3,546,106.09

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 175,346.23

Real estate owned other than bank

premises................

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets..................

None

LIABILITIES

Demand deposits............$ 1,980,389.76

Time and savings deposits. . . . . 3,314,238.04

Deposits of U.S. Government....... 67,188.71

Deposits of States and political sub-

divisions. . . . . . . . . . . . . . . 588,564.44

Deposits of banks. . . . . . . . . . . . .

None

Certified and officers' checks, etc:. . . 14,899.50

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....................... 300,000.00

Undivided profits.............. 98,764.30

Reserves....................

None

Total Assets................$ 6,464,044.75

Total Liabilities..............$ 6,464,044.75

FORTY-NINTH ANNUAL REPORT

139

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE EXCHANGE BANK OF SPRINGFIELD Springfield (Effingham), Ga.

As called for by the Superintendent of Banks

CLIFFORD W. TURNER, President.
Date of Charter: 12-30-1907

B. E. HINELY, Cashier.
Began Business: 1-1-1908

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 628,482.21

United States Government obliga-

tions, direct and guaranteed . . 2,137,242.23

Ob1iga~i~'!s of States and political

SUbdiVISIOnS. . . . . . . . . . . . . 901,942.48

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. 400,006.29

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 2,840,597.01

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . .

83,518.10

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . . . . . . . .

40,474.81

Total Assets............$ 7,032,263.13

LIABILITIES

Demand deposits....$ 2,064,852.57

Time and savings deposits...... 3,779,165.90

Deposits of U.S. Government......

6,527.65

Dep<!s!ts of States and political sub-

divasaons........... 642,881.54

Deposits of banks.........

5,000.00

Certified and officers' checks, etc..

2,748.75

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing

None

Other liabilities.......... 128,209.52

Capital notes and debentures....

None

Preferred stock........

None

Common stock........ 100,000.00

Surplus............... 200,000.00

Undivided profits.......

77,877.20

Reserves..........

25,000.00

Total Liabilities...... -~ 7,032,263.13

STATEMENT Showing condition at the close of _business December 31, 1968, of

BANK OF STAPLETON Stapleton (Jefferson), Ga.

As called for by the Superintendent of Banks

J. 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 obligations, direct and guaranteed .....
Obliga~i~'!s of States and political subdavasaons. . . . . . . . . . . . . . .
Securities of Federal agencies and
ITr.~~t~~~~ . ~~~ ..g.u~~~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. . ..............

695,110.63 647,935.00 543,948.40
659,884.39 None
863,269.84
5,836.59 None None
2,844.00

LIABILITIES

Demand deposits........$ 1,859,060.52

Time and savings deposits...... 1,080,624.94

Deposits of U.S. Government......

2,556.54

De!'<!"!ts of States and political sub

davasaons............. 197,484.24

Deposits of banks..............

None

Certified :md officers' checks, etc...

7,665.56

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..............

None

Common stock................

50,000.00

Surplus..................... 150,000.00

Undivided profits...............

71,437.05

Reserves. . . . . . . . . . . . . . . . . . .

None

Total Assets.................$ 3,418,828.85

Total Liabilities.............$ 3,418,828.85

-------------------'-----------------------

140

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close. of business December 31, 1968, 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 coUection$ 1,717,752.46

United States Government obliga

tions, direct and guaranteed 2,772,764.00

Obliga~i'?'!s of States and political

SubdiVISIOnS. . . . . . . . . . . . . . 1,180,5 82.35

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. 13,677.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. .

None

Loans and discounts, including over

drafts.. . . . . . . . . . . . 6,618,401.04

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . 347,094.86

Real estate owued other than bank

premises. . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other assets. . . . . . . . . . . 41,673.65

Total Assets.........$12,691,945.36

LIABILITIES

Demand deposits...$ 5,830,146.08

Time and savings deposits. . 3,780,876.37

Deposits of U.S. Government... 165,723.06

Dep?s!ts of States and political sub

diVISIOnS......... 1,482,720.31

Deposits of banks........

75,089.25

Certified and officers' checks, etc..

76,409.73

Other liabilities for borrowed money. 200,000.00

Acceptances executed by or for ac-

count of this bank and outstand-

ing........

None

Other liabilities...... 258,011.45

Capital notes and debentures.....

None

Preferred stock.........

None

Common stock.......... 300,000.00

Surplus....... 400,000.00

Undivided profits........

52,969.11

Reserves.......

70,000.00

Total Liabilities...$12,691,945.36

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection.$ 3,491,098.93

United States Government obliga-

tions, direct and guaranteed ... 1,750,305.73

Obliga~i'?'!s of States and political

SUbdiVISIOnS....... 1,219,711.07

Securities of Federal agencies and

t~~o~~t~~~~ ~~~ ..g.u~~~t~~~.~~ 828,265.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts............... 6,992,940.88

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . .

88,250.33

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

66,500.00

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets...............

1,733.10

LIABILITIES

Demand deposits........$ 6,548,777.76

Time and savings deposits...... 4,279,972.52

Deposits of U.S. Government... 124,017.24

Dep?s!ts of States and political sub-

diVISIOns.............. 1,948,188.82

Deposits of banks........

70,829.94

Certified and officers' checks, etc.. 113,317.36

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........... 253,701.40

Reserves.................. 100,000.00

Total Assets.............$ 14,438,805.04

Total Liabilities............$ 14,438,805.04

FORTY-NINTH ANNUAL REPORT

141

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 202,626.04

United States Government obliga-

tions, direct and guaranteed .. 440,536.11

Obliga!i~'!s of States and political

subdiVISIOns.......... 305,815.73

Securities of Federal agencies and

corporations not guaranteed by

u.s...... ........ . 175,037.50
Other securities, corporate stocks and

stock in Federal Reserve Bank...

None

Loans and discounts, including over-

drafts.............. 1,852,258.56

Bank premises, furniture and fixtures,

and other assets representing bank

premises............... 114,287.83

Real estate owned other than bank

premises. . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . ..

None

Other assets.......

21,277.69

Total Assets......$ 3,111,839.46

LIABILITIES

Demand deposits.........$ 1,062,523.28

Time and savings deposits. . .. 1,504,246.77

Deposits of U.S. Government......

9,646.88

Dep<!S!ts of States and political sub-

diVISions............ 216,445.77

Deposits of banks........

None

Certified and officers' checks, etc:.

4,161.88

Other liabilities for borrowed money.

50,000.00

Acceptances executed by or for ac:-

c:ount of this bank and outstand-

ing...............

None

Other Uabilities. . . .........

20,826.42

Capital notes and debentures....

None

Preferred stock....

None

Common stock......... 100,000.00

Surplus............. 110,000.00

Undivided profits........

33,203.58

Reserves..........

784.88

Total Liabilities.....$ 3,111,839.46

STATEMENT Showing condition at the close of business December 31, 1968, 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.
Date ofCharter: 4-17-1957

ROBERT L. MAUGHON, Cashier.
Began Business: 6-6-1957

ASSETS

Cash, balances with other banks, and

cash items in process of c:ollec:tion..$ 384,935.56

United States Government obliga-

tions, direct and guaranteed .. 1,287,822.26

Obliga!i~'!s of States and political

subdJVISJOnS............... 617,528.16

Securities of Federal agencies and

t~r.~~t~~~~. ~~~ ..g.u~~~t-e~~. -~~ 124,906.25

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts..................... 4,045,474.61

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 101,859.53

Real estate owned other than bank

premises.................... .

2,000.00

Customers' liability to this bank on

ac:c:eptanc:es outstanding........ .

None

Other assets................... . 40,965.34

LIABILITIES

Demand deposits........$ 2,539,136.20

Time and savings deposits. . . . . . . . 2,455,581.07

Deposits of U.S. Government.......

37,204.55

Dep<?s!ts of States and political sub-

dJVJSJons................... 408,766.45

Deposits of banks..............

None

Certified ::nd officers' checks, etc:... 61,217.66

Other liabilities for borrowed money.

None

Acceptances exe.uted by or for ac-

count of this bank and outstand-

ing........................

None

Other liabilities. . . . ............ . 535,151.50

Capital notes and debentures...... . 100,000.00

Preferred stock.................

None

Common stock................. . 120,000.00

Surplus....................... . 180,000.00

Undivided profits............... . 73,459.93

Reserves...................... 94,974.35

Total Assets.................$ 6,605 ,491.71

Total Liabilities.............$ 6,605,491.71

---------~-----------------------------

142 ____________-=D=E~PA~R=T=M~E=N~T~O~F~B~A=N=K~I~N~G_________________ STATEMENT
Showing condition at the close of business December 31, 1968, 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 coUection.$ 1,963,888.04

United States Government obliga-

tions, direct and guaranteed . . . 3,882,077.88

Obliga~i'.''!s of States and political

SUbdiVISIOnS. , , ......... , ..... , 1,506,328.37

Securities of Federal agencies and

u.s. corporations not guaranteed by 0 0 00 0 0 0 0 0 00 0 0 0 0 00 0 0 0 0 00 0

249,812.50

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . . 100,000.00

Loans and discounts, including over

drafts...... . . . . . . . . . . . . . . . . 4,770,110.53

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. . . . . . . 95,000.00

Other assets. . . . . . . . . . . . . . . . .

6,018.57

Total Assets.............$12,573,237.89

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 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...............

5,795,050.69 3,240,476.98
200,390.96
1,723,223.99 None
32,887.86 None
95,000.00 12,148.00
None None 300,000.00 700,000.00 50,000.00 424,059.41

Total Liabilities......... 0 o .$ 12,573,237.89

STATEMENT Showing condition at the close of business December 31, 1968, of

THE CENTRAL BANK Swainsboro (Emanuel), Ga.

As called for by the Superintendent of Banks

SAM J. OVERSTREET, President.
Date of Charter: 10-27-1920

JACKS. BAZEMORE, Cashier.
Began Business: 11-9-1920

ASSETS

Cash, balances with other banks, and

cash items in process of coiJection..$ 497,516.14

United States Government obliga

tions, direct and guaranteed . . . . 1,110,683.26

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . . 532,339.89

Securities of Federal agencies and

corporations not guaranteed by

u.s.

0 0 00 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0

Other securities, corporate stocks and

700,370.31

stock in Federal Reserve Bank. . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . . . . . . . . . . . . . 2,394,492.28

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . .

38,662.22

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

8,000.00

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

Other assets................ o

None

Total Assets..............$ 5,282,064.10

LIABILITIES

Demand deposits..............$ 1,946,487.20

Time and savings deposits...... 2,340,123.06

Deposits of U.S. Government..... Dep~s!ts of States and political sub

62,080.04

diVISIOnS.. , , , , ..... , . , , ..... . 486,387.95

Deposits of banks.............

98,190.33

Certified and officers' checks, etc..

2,342.91

Other liabilities for borrowed money. Acceptances executed by or for ac

None

count of this bank and outstand

ing.....................

None

Other liabilities. . . ............

7,923.78

Capital notes and debentures...... .

None

Preferred stock...............

None

Common stock................. 100,000.00

Surplus....................... 200,000.00

Undivided profits..........

38,528.83

Reserves . . . . o

None

Total Liabilities..........$ 5,282,064.10

FORTY-NINTH ANNUAL REPORT

143

STATEMENT

Showing condition at the close of business December 31, 1968, 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

Cash, balances with other banks, and

cash items in process of collection..$ 1,442,352.80

United States Government obliga-

tions, direct and guaranteed ... 1,335,196.83

Obligations of States and political

subdivisions............... 508,998.86

Securities of Federal agencies and

cuo.rsp.o.r.a.ti.o.n.s..n.o.t..g.u.a.r.an.t.e.e.d..b.y. 1,540,246.16

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts................ 5,055,201.64

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 190,995.55

Real estate owned other than bank

premises.................. 109,684.98

Customers' liability to this bank on

acceptances outstanding........

None

Other assets. . ..............

1,727.33

Total Assets...........$10,184,404.15

LIABILITIES

Demand deposits...$ 3,645,133.21

Time and savings deposits.. 4,299,138.29

Deposits of U.S. Government..... 249,018.40

Dep!S!ts of States and political sub-

diviSions............ 998,704.76

Deposits of banks........... 162,074.87

Certified and officers' checks, etc... 75,758.75

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..........

None

Other liabilities....

52,500.00

Capital notes and debentures...... .

None

Preferred stock...

None

Common stock........... 150,000.00

Surplus...... 550,000.00

Undivided profits............

2,075.87

Reserves . . . . . . . . . . . . . . .

None

Total Liabilities..$10,184,404.15

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 519,816.26 United States Government obliga-

tions, direct and guaranteed .... 822,184.62 Obliga!i~'!s of States and political

subdiVISIOnS. . ................ 562,040.50 Securities of Federal agencies and

~r.~~t~~~s- ~~~ -~~~~t~~~ ~~

0



0

Other securities, corporate stocks and

None

stock in Federal Reserve Bank.... Loans and discounts, including over-

None

drafts....................... . 1,437,746.81 Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 25,794.28

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ Other assets..................

None 35,310.72

Total Assets.................$ 3,402,893.19

LIABILITIES

Demand deposits.........$ 1,693,062.31

Time and savings deposits.. 839,531.85

Deposits of U.S. Government.....

18,587.44

Dep~s!ts of States and political sub-

dJVJSJons......... 404,293.00

Deposits of banks...............

23,821.68

Certified ::.nd officers' checks, etc...

7,100.53

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing........................

None

Other liabilities............

84,530.03

Capital notes and debentures...... .

None

Preferred stock...............

None

Common stock........ 125,000.00

Surplus. . . . . . . . . . . . . . . . . . . .

75,000.00

Undivided profits.............. 131,966.35

Reserves . . . . . . . . . . . . . . . . . . . . . .

None

Total Liabilities.............$ 3,402,893.19

144

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$

United States Government obliga

tions, direct and guaranteed ..

Obligations of States and political

subdivisions.............

Securities of Federal agencies and

corporations not guaranteed by

u.s.

0 0 0 0 0

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

acceptances outstanding.....

Other assets............

1,229,038.31 809,230.00
1,635,707.64
758,785.00 None
3,607,199.96
15,000.00 None None None

Total Assets...........$ 8,054,960.91

LIABILITIES

Demand deposits........$ 3,183,343.51

Time and savings deposits. . ... 3,262,088.07

Deposits of U.S. Government....

48,158.61

Dep<!S!ts of States and political sub-

diVISIOns... , ............. , ... 811,385.65

Deposits of banks............... .

None

Certified and officers' checks, etc..

19,066.90

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.......... 330,918.17

Reserves. . . . . . . . . . . . . . .

None

Total Liabilities.. - .....$ 8,054,960.91

STATEMENT 8howing condition at the close of business December 31, 1968, of

FARMERS AND MERCHANTS BANK Sylvania (Screven), Ga.
As called for by the Superintendent of Banks

W. B. LOVETT, President.
Date ofCharter: 2-18-1946

ASSETS Cash, balances with other banks, and
cash items in process of collection..$ United States Government obliga
tions, direct and guaranteed .. Obligations of States and political
subdivisions........... Securities of Federal agencies and
t~1.o~~t~~~~ . ~~~ ..B_D~~~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..................

600,522.08 879,578.21 776,306.36
800,031.25 None
1,809,684.84
7,204.09 None None None

Total Assets.............$ 4,873,326.83

B. E. BLACKBURN, Cashier.
Began Business: 3-1-1946

LIABILITIES

Demand deposits............$ 1,675,875.85

Time and savings deposits..... 1,982,871.61

Deposits of U.S. Government...... .

29,622.39

Dep~s!ts of States and political sub-

diVISIOns.............. 805,403.24

Deposits of banks..........

None

Certified and officers' checks, etc..

6,273.58

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.................... 102,000.00

Undivided profits.............. 171,280.16

Reserves. . . . . . . . . . . . . . . . . . . .

None

Total Liabilities.............$ 4,873,326.83

FORTY-NINTH ANNUAL REPORT

145

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection.$ 2,230,180.12

United States Government obliga

tions, direct and guaranteed . . 374,760.01

Obliga~ic;>J!S of States and political

SUbdtvtSlOnS.......... 687,788.42

Securities of Federal agencies and

corporations not guaranteed by
u.s. . . . . . . . . . . . . . . . . . . . . . . . . 210,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over

drafts. . . . . . . . . . . 4,481,588.28

Bank premises, furniture and fixtures,

and other assets representing bank

premises..................... 87,819.14

Real estate owned other than bank

premises. . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . .

None

Other assets. . . . . . . . . . .

770.80

Total Assets..........$ 8,072,906.77

LIABILITIES

Demand deposits.....$ 3,180,534.77

Time and savings deposits.... 2,429,981.06

Deposits of U.S. Government....

39,884.34

Dep'!'!ts of States and political sub

diVtstons.................... . 1,372,235.16

Deposits of banks....

12,733.17

Certified and officers' checks, etc.. 176,139.52

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing...

None

Other liabilities.............. 165,679.82

Capital notes and debentures...

None

Preferred stock.........

None

Common stock.............. 150,000.00

Surplus.................... 350,000.00

Undivided profits.............. 152,812.08

Reserves. . . . . . . . . . . . . . .

42,906.85

Total Liabilities...$ 8,072,906.77

STATEMENT Showing condition at the close of business December 31, 1968, of

SYLVESTER BANKING COMPANY Sylvester (Worth), Ga.

As called for by the Superintendent of Banks

T. M. PURDOM,

D. NEIL PIERCE,

President. .

Cashier.

Date of Charter: 7-5-1898

Began Business: 7-1898

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,690,708.17

United States Government obliga-

tions, direct and guaranteed . 3,036,195.00

Obliga~ic;>J!S of States and political

SUbdtvtSlOnS. . ............ 275,099.65

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ ..g.u~~~t~~~~~ 300,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts..................... 4,370,210.32

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 111,792.23

Real estate owned other than bank

premises................... ..

4,843.54

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets..................

2.75

LIABILITIES

Demand deposits.......$ 3,558,498.34

Time and savings deposits....... 4,843,953.48

Deposits of U.S. Government......

42,944.59

Dep'!s!ts of States and political sub dtvtStOnS. , , , , ......... 450,787.81

Deposits of banks............

None

Certified ::.nd officers' checks, etc... 106,301.71

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing......................

None

Other liabilities................ 160,685.40

Capital notes and debentures.....

None

Preferred stock.................

None

Common stock............... 200,000.00

Surplus..................... 300,000.00

Undivided profits........... 125,680.33

Reserves...................... .

None

Total Assets................$ 9,788,851.66

Total Liabilities..............$ 9,788,851.66

----'-------------------------

146

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

cash items in process of coUection.$ 278,390.05

United States Government obliga-

tions, direct and guaranteed _.... 554,116.27

Obligations of States and political

subdivisions. . . . . . . . . . . . . . . . 21,393.05

Securities of Federal agencies and

cuo.srp.o.ra.ti.o.n.s. . n. o. t. . .g.u.ar.a.n.t.ee. d. . .b.y. 494,660.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........................ 1,193,350.34

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . .

2 .00

Real estate owued other than bank

premises. . . . . . . . . . . . . . . . . .

1.00

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . . . . .

None

Total Assets...........$ 2,541,912.71

LIABILITIES
Demand deposits......$ Time and savings deposits.... , . Deposits of U.S. Government...... Dep<!s!ts of States and political sub-
divlSions.................... . 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................

856,630.21 912,236.42
30,283.85
560,902.85 None None None
None None None None 50,000.00 50,000.00 79,359.38 2,500.00

Total Liabilities.........$ 2,541,912.71

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 449,156.13

United States Government obliga-

tions, direct and guaranteed .... 1,181,308.72

Obligations of States and political

subdivisions.............. 128,631.38

Securities of Federal agencies and

t~r.~~t~~~~ . ~~~ ..g.u~~~t.e~~.~~ 892,905.21

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... . 1,954,135.64

Bank premises, furniture and fixtures,

and other assets representing bank

premises................. 55,384.14

Real estate owned other than bank

premises...................

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets...............

8,791.43

LIABILITIES

Demand deposits...........$ 1,904,895.45

Time and savings deposits. . . . . . . 2,141,969.07

Deposits of U.S. Government....... 56,099.06

Dep<!s!ts of States and political sub-

dtVJStons................... .. 242,740.74

Deposits of banks............. 15,000.00

Certified and officers' checks, etc... 15,775.91

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities............. 17,142.00

Capital notes and debentures.....

None

Preferred stock...............

None

Common stock............... 100,000.00

Surplus..................... 100,000.00

Undivided profits............ 46,690.42

Reserves................... 30,000.00

Total Assets...............$ 4,670,312.65

Total Liabilities............$ 4,670,312.65

FORTY-NINTH ANNUAL REPORT

147

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection..$
United States Government obliga tions, 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 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 acceptances outstanding. . . . . . .
Other assets. . . . . . . . . . .

132,209.93 551,723.97
None
215,009.36 None
1,099,268.52
57,164.18 None None
940.00

Total Assets.......$ 2,056,315.96

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 outstand ing. Other liabilities. . .. Capital notes and debentures...... . Preferred stock...... Common stock.... S u r p l u s . . . . . . . Undivided profits..... Reserves.......

684,263.09 932,015.60
2,520.39
181,200.23 None
5,624.83 None
None None None None 25,000.00 150,000.00 75,691.82 None

Total Liabilities.....$ 2,056,315.96

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF TEMPLE Temple (Carroll), Ga.

As called for by the Superintendent of Banks

J. H. THOMAS, President.
Date of Charter: 11-25-1946

L. G. LYELL, Cashier.
Began Business: 7-1-1947

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
t~r.~~t~~~s.. ~~~ ..g.u~~~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...................

349,576.82 120,737.11
None
94,600.00 100,000.00 244,833.37
3,417.88 None None None

LIABILITIES
Demand deposits.....$ Time and savings deposits........ Deposits of U.S. Government. De!''!s!ts of States and political sub-
dJVJSJons . . . . . . Deposits of banks......... Certified "nd 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...............

500,284.00 10,000.00 None
287,681.76 None None None
None 3,083.49
None None 25,000.00 50,000.00 37,115.93 None

Total Assets................$ 913,165.18

Total Liabilities............$ 913,165.18

----------------'-------------------

148

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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$ 1,237,450.67

United States Government obliga-

tions, direct and guaranteed . . . 776,921.61

Obliga~i~J!S of States and political

SUbdJV1SJOnS. . . . . . . . . 134,789.62

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. 700,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.

None

Loans and discounts, including over-

drafts........................ 2,097,795.84

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . 68,947.69

Real estate owued other than bank

premises. . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . .

None

Other assets. . . . . . . . 24,099.00

Total Assets.....$ 5,040,004.43

LIABILITIES

Demand deposits.....$ 1,765,717.08

Time and savings deposits..... 2,430,838.97

Deposits of U.S. Government.. 42,270.71

Dep<?s!ts of States and political sub-

diVISIOns................ 361,286.43

Deposits of banks.............

None

Certified and officers' checks, etc.

2,319.68

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............ 100,000.00

Surplus.......... 250,000.00

Undivided profits..........

87,571.56

Reserves . . . . . . . . . . . .

None

Total Liabilities.....$ 5,040,004.43

STATEMENT Showing condition at the close of business December 31, 1968, of

BANK OF UPSON Thomaston (Upson), Ga.

As called for by the Superintendent of Banks

ROBERTP.CRAVEY, 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.$ 535,807.28

United States Government obliga-

tions, direct and guaranteed 2,028,889.37

Obligations of States and political

subdivisions. . ..... 1,319,236.06

Securities of Federal agencies and

t~r.~~t~~~~ ~~~ ..'."~~~t.e~~..~~ 200,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..

None

Loans and discounts, including over-

drafts................ 3,761,914.15

Bank premises, furniture and fixtures,

and other assets representing bank

premises................ 155,089.17

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding.......

None

Other assets.................

1,974.79

Total Assets...............$ 8,002,910.82

LIABILITIES

Demand deposits.....$ 2,766,403.25

Time and savings deposits. . . . . . . 3,982,995.03

Deposits of U.S. Government....... 49,692.96

Del'<!s!ts of States and political sub-

diVISIOns.......... 472,391.29

Deposits of banks.........

24,692.33

Certified and officers' checks, etc...

7,558.57

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...................

None

Other liabilities............. 94,010.66

Capital notes and debentures.....

None

Preferred stock.............

None

Common stock............ 270,000.00

Surplus.................... 250,000.00

Undivided profits............ 85,166.73

Reserves................

None

Total Liabilities..........$ 8,002,910.82

FORTY-NINTH ANNUAL REPORT

149

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 2,447,003.25

United States Government obliga-

tions, direct and guaranteed . . . 1,598,700.05

Obliga~i?~S of States and political

SUbdiVISIOnS. . . . . . . . . . . . . . . 2,393,194.59

Securities of Federal agencies and

corporations not guaranteed by

U.S. . . . . . . . . . . . .

None

Other securities, corporate stocks and

stock in Federal Reserve Bank..... 910,125.00

Loans and discounts, including over-

drafts. . . . . . . . . . . . . . . 10,824,609.37

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . 113,694.64

Real estate owned other than bank

premises. . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . .

None

Other assets. . . . . . . . . . 160,537.82

Total Assets.........$ 18,447,864.72

LIABILITIES

Demand deposits....$ 7,236,430.85

Time and savings deposits. . .. 8,726,137.48

Deposits of U.S. Government.... 193,946.02

Dep<?s!ts of States and political sub-

diVISions....... 833,718.50

Deposits of banks......

None

Certified and officers' checks, etc...

29,190.15

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabilities............ 168,555.76

Capital notes and debentures.

None

Preferred stock.........

None

Common stock............. 400,000.00

Surplus............. 400,000.00

Undivided profits........... 259,885.96

Reserves............... 200,000.00

Total Liabilities.....$18,447,864.72

STATEMENT Showing condition at the close of business December 31, 1968, 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

JOE J. KEYTON, Cashier.
Began Business: 2-15-1937

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
t~r.~~t~~~~ . ~~~ ..g.u~~~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...................

1,209,422.78 1,937,132 ..;111 1,394,563.43
2,350,000.00 None
8,046,977.86
375,575.62 None None
3",108.61

LIABILITIES

Demand deposits...........$ 6,260,334.05

Time and savings deposits..... 5,509,145.22

Deposits of U.S. Government...... 791,944.21

Dep<?s!ts of States and political sub-

diVISions............... 1,129,160.75

Deposits of banks............ 130,828.65

Certified ::nd officers' checks, etc... 170,419.81

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing....................

None

Other liabilities................ 264,532.24

Capital notes and debentures......

None

Preferred stock..............

None

Common stock................ 360,000.00

Surplus..................... 550,000.00

Undivided profits.............. 107,557.53

Reserves. . . . . . . . . . . . . . . . . . . . . .

73,858.22

Total Assets..............$ 15,347,780.68

Total Liabilities..............$15,347,780.68

150

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 process of collection.$ 3,308,234.26

United States Government obliga-

tions, direct and guaranteed .. 4,501,707.50

Obligations of States and political

subdivisions............... 1'731'102.49

Securities of Federal agencies and

corporations not guaranteed by
u.s. . 0 0 0 0

None

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including overdrafts................ 8,896,494.65

Bank premises, fulniture and fixtures,

and other assets representing bank

premises................. 391,121.19

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding......

None

Other assets............. 193,362.10

Total Assets...........$19,022,022.19

LIABILITIES

Demand deposits.......$ 8,291,863.03

Time and savings deposits..... 6,561,624.52

Deposits of U.S. Government.... 406,522.72

Dep<?s!ts of States and political sub-

daVJStons............ 2,230,303.68

Deposits of banks.........

12,686.30

Certified and officers' checks, etc..

86,534.91

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing................

None

Other liabilities............ 361,297.87

Capital notes and debentures.....

None

Preferred stock............

None

Common stock................ 400,000.00

Surplus................. 550,000.00

Undivided profits............ 121,189.16

Reserves...............

None

Total Liabilities.........$19,022,022.19

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed ..
Obligations of States and political subdivisions. . . . . . . . . . . . . .
Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ . gu~~~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.................

1,286,699.94 1,118,050.83 1,341,125.31
242,729.15 None
5,449,009.66
98,967.96 None None
3,732.35

LIABILITIES

Demand deposits.............$ 4,057,450.57

Time and savings deposits. . . . . . 3,761,247.76

Deposits of U.S. Government.......

89,551.17

Dep<?s!ts of States and political sub-

daVJSaons............... 590,208,03

Deposits of banks............

None

Certified and officers' checks, etc... 61,271.56

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing. . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities............. 266,120.17

Capital notes and debentures...... .

None

Preferred stock..............

None

Common stock................. 187,500.00

Surplus..................... 337,500.00

Undivided profits.............. 188,535.55

Reserves....................

930.39

Total Assets..............$ 9,540,315.20

Total Liabilities...........$ 9,540,315.20

FORTY-NINTH ANNUAL REPORT

lSI

STATEMENT

Showing condition at the close of business December 31, 1968, 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

F. BRIDLE, Cashier. Began Business: 1896

ASSETS

Cash, balances with other banks, and

cash items in process of coUection.$ 1,816,233.79

United States Government obliga

tions, direct and guaranteed . . 2,435,971.75

Obliga~i<;>J!S of States and political

subdiVISIOnS. . . . . . . . . . . . . 1,808,513.1 9

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. 600,031.25

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . .

None

Loans and discounts, including over-

drafts........ . . . . . . . . . . . . . 9,995,748.77

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . 434,996.63

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . . . . . .

73,725.23

Total Assets...........$17,165,220.61

LIABILITIES

Demand deposits.......$ 6,533,946.48

Time and savings deposits..... 5,994,770.53

Deposits of U.S. Government..... 394,578.19

Dep<!s!ts of States and political sub-

diVJStons................ 1,402,538.98

Deposits of banks......... 523,228.36

Certified and officers' checks, etc...

91,767.22

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.............

None

Other liabilities............ 818,010.06

Capital notes and debentures......

None

Preferred stock............

None

Common stock........... 400,000.00

Surplus................ 700,000.00

Undivided profits............. 256,380.79

Reserves . . . . . . . . . . . . . .

50,000.00

Total Liabilities.........$17,165,220.61

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection.$ 1,259,548.01

United States Government obliga-

tions, direct and guaranteed ..... . 1,074,104.28

Obliga~i<;>J!S of States and political

subdtVJStons................ 749,146.93

Securities of Federal agencies and

ITr.~~t~~~s.. ~~~ ..g.u~~~t~~~..~~ 100,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts...................... 5,099,426.78

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................. 245,794.09

Real estate owned other than bank

premises....................

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets..................

715.69

Total Assets...............$ 8,528,735.78

LIABILITIES

Demand deposits...........$ 3,412,581.30

Time and savings deposits...... 2,869,338.24

Deposits of U.S. Government...... .

83,204.28

Dep<!&!ts of States and political sub-

dtVJStons.......... 1,272,215.67

Deposits of banks............

22,264.94

Certified ::nd officers' checks, etc...

54,876.21

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing...................

None

Other liabilities... ........... 212,344.93

Capital notes and debentures......

None

Preferred stock..............

None

Common stock............... 225,000.00

Surplus.................. 275,000.00

Undivided profits............

81,910.21

Reserves...................

20,000.00

Total Liabilities...........$ 8,528,735.78

152

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

T. HOWARD DORSETT, Cashier.
Began Business: 2-24-1937

ASSETS

Cash, balances with other banks, and cash items in process of collection.$ 1,422,851.36

United States Government oblip tions, direct and guaranteed .

2,330,975.01

Obligations of States and political subdivisions.............. 1,058,789.67

Securities of Federal agencies and

t~r.~~t~~~~. ~~~ .g~~~~t~~~. -~~ 299,812.50

Other securities, corporate stocks and stock in Federal Reserve Bank.....

None

Loans and discounts, including over drafts............ 6,399,931.39

Bank premises, furniture and fixtures,

and other assets representing bank premises...........

264,777.22

Real estate owued other than bank premises.............

None

Customers' liability to this bank on

acceptances outstanding..

None

Other assets.......

46,486.80

Total Assets.......$ 11,823,623.95

LIABILITIES

Demand deposits.$ 4,009,292.06

Time and savings deposits..... 4,801,930.72

Deposits of U.S. Government...

57,921.74

Dep?s!ts of States and political sub-

diVlSions.......... 1,689,548.16

Deposits of banks.......

43,659.67

Certified and officers' checks, etc...

59,601.32

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing........ Other liabilities......

None 101,730.10

Capital notes and debentures...

None

Preferred stock.........

None

Common stock...... 200,000.00

Surplus........... 500,000.00

Undivided profits....... 359,940.18

Reserves.................

None

Total Liabilities.......$ 11,823,623.95

STATEMENT Showing condition at the close of business December 31, 1968, of

THE BANK OF TIGNALL Tignall (WUkes), 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: 8-1-1909

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government oblip tions, direct and guaranteed
Obliga~i~J!S of States and political
SUbdiVISIOnS
Securities of Federal agencies and
~r,~~t~~~~ ~~~ g.u~~~t~~~. -~~
Other securities, corporate stocks and stock in Federal Reserve Bank.....
Loans and discounts, includinll 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 acceptances outstanding........
Other assets..................

114,187.85 549,543.30
None
None None 16,770.00
1.00 None 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 outstand ing.................. Other liabilities. . . . .......... Capital notes and debentures...... . Preferred stock.............. Common stock.............. Surplus. . . . . . . . . . . . . . . . . . . . . . Undivided profits............... Reserves....................

516,746.71 None
400.00
79,355.44 None None None
None 6,500.00
None None 25,000.00 15,000.00 20,000.00 17,500.00

Total Assets...............$ 680,502.15

Total Liabilities...............$ 680,502.15

FORTY-NINTH ANNUAL REPORT

153

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$
United States Government obligations, direct and guaranteed
Obligations of States and political subdivisions. .........
Securities of Federal agencies and
cuo.rsp.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n t.e.e.d. .b.y.
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.......

1,671,227.12
1,022,482 .so
2,089,078.26
1,349,081.26 None
5,414,523.96
146,028.61 None None
4,229.89

Total Assets......$ 11,696,651.60

LIABILITIES
Demand deposits.$ Time and savings deposits. . .. Deposits of U.S. Government... DePC?&!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.....

3,572,439.31 5,327,454.79
103,772.60
1,490,447.37 436,729.30 55,332.29 None
None 75,327.34
None None 200,000.00 250,000.00 69,648.60 115,500.00

Total Liabilities.....$ 11,696,651.60

STATEMENT Showing condition at the close of business December 31, 1968, 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

LIABILITIES

Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ....
Obliga!i~l!s of States and political subdiVISIOnS. . . . . . . . . . . . . . . .
Securities of Federal agencies and
ITr.~~t~~~~ . ~~~ ..g.u~~~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...................

1,942,185.36 1,740,598.83 1,771,896.33
350,150.00 None
5,551,555.52
187,143.59 None None
25,030.31

Demand deposits.......$ Time and savings deposits...... Deposits of U.S. Government....
DePC?&!ts of States and political subdJVJSJons. . . . . . . . . . . . . .
Deposits of banks............ Certified nnd 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...................... .

4,560,913.37 3,962,008.57
183,192.20 1,906,303.01
None 84,918.61
None
None 99,534.61
None None 150,000.00 375,000.00 54,689.57 192,000.00

_____________________ Total Assets.................$ 11,568,559._9.4...._

Total Liabilities..............S 11,568,559.9- 4

154

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$
United States Government obligations, direct and guaranteed ...
Obliga~i~'!s of States and political
SUbdiVISIOnS
Securities of Federal agencies and
cuo.rsp.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. .b.y.
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. . ...............

466,289.48 645,689.93 227,385.93
110,000.00 None
2,691,735.72
37,236.84 None None None

Total Assets...............$ 4,178,337.90

LIABILITIES

Demand deposits........$ 1,255,522.99

Time and savings deposits..... ~ 2,100,445.07

Deposits of U.S. Government....

29,157.38

Deposits of States and political sub-

divisions................. 421,854.65

Deposits of banks..........

None

Certified and officers' checks, etc...

30,271.23

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing....

None

Other liabilities.............

95,714.33

Capital notes and debentures......

None

Preferred stock............

None

Common stock..............

50,000.00

Surplus...............

75,000.00

Undivided profits............ 120,372.25

Reserves . . . . . . . . . . . . . . .

None

Total Liabilities........$ 4,178,337.90

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$ 1,177,282.86 United States Government obliga-

tions, direct and guaranteed ... 2,122,054.52 Obligations of States and political

subdivisions. . ............. 1,385,282.85 Securities of Federal agencies and

corporations not guaranteed by

u.s................. . 400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank..... Loans and discounts, including over-

None

drafts....................... . Bank premises, furniture and fixtures,

11,377,549.83

and other assets representing bank

premises................ Real estate owned other than bank

162,149.37

premises. . . . . . . . . . . . . . . . Customers' liability to this bank on

None

acceptances outstanding....... Other assets.................

None 107,574.87

Total Assets...........$ 16,731,894.30

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. . . . . . . . . . . . . . . . . . . .

7,261,325.05 6,416,5 50.00
176,870.21
567,228.03 None
129,881.76 None
None 831,454.03 400,000.00
None 330,000.00 474,000.00
90,208.21 154,377.01

Total Liabilities............$ 16,731,894.30

FORTY-NINTH ANNUAL REPORT

155

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection.$ United States Government obliga
tions, 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..............

629,883.99 671,770.25 480,278.44
99,950.00 None
1,977,703.93
78,167.46 None None None

Total Assets..........$ 3,937,754.07

LIABILITIES

Demand deposits....$ 1,348,947.81

Time and savings deposits.... 1,933,284.52

Deposits of U.S. Government.....

24,572.94

Dep'!S!ts of States and political sub-

diVISlons............. 138,439.49

Deposits of banks....... 225,522.80

Certified and officers' checks, etc..

6,871.13

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing.............

None

Other liabilities.........

6,000.00

Capital notes and debentures...

None

Preferred stock.......

None

Common stock..........

50,000.00

Surplus............. 125,000.00

Undivided profits.......

54,115.38

Reserves............ 25,000.00

Total Liabilities.......$ 3,937,754.07

STATEMENT Showing condition at the close of business December 31, 1968, 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

flMMIE J. RYALS, Cashier.
Began Business: 4-22-1935

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obliga lions, direct and guaranteed .....
Obligations of States and political subdivisions............
Securities of Federal agencies and
b~/."~~~~~~s.. ~~~ ..g.u~~~~-e~~~~
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 acceptances outstanding........ .
Other assets................

338,034.09 365,443.75 176,125.28
390,407.00 100,000.00 1,815,324.67
13,656.09 None None None

Total Assets............$ 3,198,990.88

LIABILITIES

Demand deposits.........$ 1 624 977.52

Time and savings deposits. . . . . 1:106:866.45

Deposits of U.S. Government. . . . . . 13,069.25

De!"!s!ts of States and political sub

diVISIOnS
Deposits of banks......... Certified :md officers' checks, etc... Other liabilities for borrowed money. Acceptances exe..uted by or for ac

138,478.96 None
27,313.58 None

count of this bank and outstand

ing . . . . . . . . . . . . . . . . . . . Other liabilities............ Capital notes and debentures..... Preferred stock........... Common stock............. Surplus. . . . . . . . . . . . . . . . . . . . Undivided profits............. Reserves. . . . . . . . . . . . . . . . . .

None 20,333.80
None None 150,000.00
50,000.00
67,951.32 None

Total Liabilities...........$ 3,198,990.88

156

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

WM. LARRY MAULDIN, Cashier.
Began Business: 5-1911

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ United States Government obliga-

235,346.45

tions, direct and guaranteed . Obligations of States and political

742,619.43

subdivisions. . ............... Securities of Federal agencies and

161,331.31

corporations not guaranteed by

u.s........................ .
Other securities, corporate stocks and

280,000.0(

stock in Federal Reserve Bank.... Loans and discounts, including over-

None

drafts....................... . Bank premises, furniture and fixtures,

1,469,908.41

and other assets representing bank

premises............ Real estate owned other than bank

17,570.10

premises.................... . Customers' liability to this bank on

None

acceptances outstanding..... Other assets...............

None None

Total Assets...... .....$ 2,906,775.70

LIABILITIES

Demand deposits.....$

Time and savings deposits. . ... 755,366.84

Deposits of U.S. Government.... 1,544,792.96

DefK!s!ts of States and political sub- 28,644.18

diVISIOns.................... .

Deposits of banks............. 327,632.19

Certified and officers' checks, etc.

None

Other liabilities for borrowed money.

4,678.74

Acceptances executed by or for ac-

None

count of this bank and outstand-

0~~~~ 'Iiai,iiii;;::: : : : : : : : : : : : : : :

None

Capital notes and debentures.....

None

Preferred stock...........

None

Common stock.............. 50,000.00

Surplus....................... . 100,000.00

Undivided profits......... 95,660.79

Reserves. . . . . . . . . . . . . .

None

Total Liabilities.........$ 2,906,775.70

STATEMENT Showing condition at the close of business December 31, 1968, 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
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
t~1.o~~t~~~~ ~~~ ..g.u~~~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...................

636,592.95 1,456,286.85
10,000.00
1,171,366.41 None
2,711,868.57
53,665.60 None None
4,056.12

Total Assets.............$ 6,043,836.50

LIABILITIES

Demand deposits.............$ 1,485,935.55

Time and savings deposits...... 3,616,757.25

Deposits of U.S. Government...... 30,718.53

Deposits of States and political sub-

divisions.................. 478,842.43

Deposits of banks.............. 10,000.00

Certified and officers' checks, etc... 41,021.19

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............. 80,561.55

Reserves . . . . . . . . . . . . . . . . . . . . .

None

Total Liabilities..............$ 6,043,836.50

FORTY-NINTH ANNUAL REPORT

157

STATEMENT Showing condition at the close of business December 31, 1968, 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. HESTER C. BROGDON, Cashier.
Began Business: 5-16-1966

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~r.~~t~~~~. ~~~. -g~~~~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..........$

89,466.23 76,755.98
None
None None 427,697.47
15,000.00 None None None
608,919.68

LIABILITIES
Demand deposits.....$ Time and savings deposits....... Deposits of U.S. Government... Dep<?s!ts of States and political sub-
diVJSJons. . . . . . . . . . . . . . . . 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............

316,059.71 118,860.47
None
48,125.00 None 28.46 None
None None None None 50,000.00 50,000.00 17,846.04 8,000.00

Total Liabilities....$ 608,919.68

STATEMENT Showing condition at the close of business December 31, 1968, of

FIRST STATE BANK Valdosta (Lowndes), Ga.

As called for by the Superintendent of Banks

REA STEELE, President.
Date of Charter: 1-22-1906

BRUCE WILLIAMS, Cashier.
Began Business: 3-1906

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,643,017.29

United States Government obliga-

tions, direct and guaranteed ..... . 1,186,221.30

Obligations of States and political

subdivisions.............. 1,116,092.62

Securities of Federal agencies and

t~1."~~t~~~~ . ~~~ ..g.u~~~t-e~~..~~ 799,412.50

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts...................... 5,141,600.60

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... 228,834.02

Real estate owned other than bank

premises.................... .

45,000.00

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets...................

None

LIABILITIES
Demand deposits............$ Time and savings deposits..... Deposits of U.S. Government...... Dep<?s!ts of States and political sub-
dJVJSJons. . . . . . . . . . . . . . . Deposits of banks............ Certified ::nd 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...................... .

4,149,383.76 3,338,520.48
110,498.81
1,442,466.50 284,591.50 94,894.52 None
None 42,500.00
None None 225,000.00 425,000.00 47,322.76 None

Total Assets................$ 10,160,178.33

Total Liabilities.............S 10,160,178.33

--'------------------------

158

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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

MISS LIZZIE GUIN, Cashier.
Began Business: 1 0-14-1965

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...............

851,583.73 1,683,174.49
31,674.81
575,000.00 None
1,922,443.61
16,973.95 50,000.00
None None

Total Assets...........$ 5,130,850.59

LIABILITIES

Demand deposits.........$ 2,880,844.81

Time and savings deposits. . . . . 1,276,841.48

Deposits of U.S. Government...... 127,105.58

Dep<!s!ts of States and political sub-

diVISions.................. 168,722.19

Deposits of banks............ 139,122.12

Certified and officers' checks, etc..

12,638.47

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing.................

None

Other liabilities..............

93,015.90

Capital notes and debentures.....

None

Preferred stock............

None

Common stock............. 100,000.00

Surplus............ 200,000.00

Undivided profits......... 132,560.04

Reserves.............

None

Total Liabilities........$ 5,130,850.59

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection.$ 1;103,137.49

United States Government obliga-

tions, direct and guaranteed ..... 207,481.77

Obliga~i~J!S of States and political

SUbdiVlSIOnS.............. 967,694.91

Securities of Federal agencies and

~r.~~t~~~s.. ~~~. -~~~~t~~~. -~~ 699,375.00

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts...................... 2,716,156.39

Bank premises, furniture and fixtures,

and other assets representing bank

premises..................

19,839.89

Real estate owned other than bank

premises. . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................

None

Total Assets.............$ 5,713,685.45

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.....................

2,382,912.64 1,766,449.68
421,753.12
372,479.30 139,607.61
38,280.44 None
None 85,897.82
None None 200,000.00 200,000.00 106,304.84 None

Total Liabilities...........$ 5,713,685.45

FORTY-NINTH ANNUAL REPORT

159

STATEMENT

Showing condition at the close of business December 31, 1968, 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.$ 631,489.33

United States Government obliga

tions, direct and guaranteed ... 791,672.30

Obligations of States and political

subdivisions. . . . . . . . . . . . 129,889.21

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. 400,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank. . . . .

None

Loans and discounts, including over

drafts........ . . . . . . . . . . . . 2,411,576.39

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . .

6,652.16

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding. . . . . . .

None

Other assets. . . . . . . . . . . .

1,241.32

Total Assets...........$ 4,372,520.71

LIABILITIES
Demand deposits.......$ Time and savings deposits... Deposits of U.S. Governmt:nt...... Dep<?"!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.............

1,908,895.63 1,240,068.89
11,126.35
730,584.42 None
78,339.07 None
None None None None 50,000.00 150,000.00 203,506.35 None

Total Liabilities.....$ 4,372,520.71

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 817,925.25

United States Government obJiga.

tions, direct and guaranteed ..... 1,048,091.87

Obligations of States and political

subdivisions. . ............... 383,466.94

Securities of Federal agencies and

t?.~~t~~~~ . ~~~ ..g.u~~~t~~~..~~ 770,478.13

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts...................... 2,563,188.42

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . . . .

21,000.00

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets................

20,202.36

LIABILITIES
Demand deposits........$ Time and savings deposits.... Deposits of U.S. Government..... DeP<?"!ts of States and political sub
diVISIOnS
Deposits of banks............. Certified :md 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....................

2,619,087.31 2,107,289.43
56,883.51
374,805.93 None
4,453.70 None
None 55,174.27
None None 100,000.00 200,000.00 56,658.82 50,000.00

Total Assets.................$ 5,624,352.97

Total Liabilities............$ 5,624,352.97

160

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
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.............

227,009.60 580,984.51 490,465.30
191,286.00 None
1,060,298.63
31,429.60 None None
7,685.66

LIABILITIES

Demand deposits.......$ 995,792.63

Time and savings deposits. . ..... 1,095,653.62

Deposits of U.S. Government......

29,550.77

Dep<?s!ts of States and political sub-

diVISions.................. 192,313.12

Deposits of banks............

None

Certified and officers' checks, etc..

14,060.06

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing...................

None

Other liabilities...........

16,950.00

Capital notes and debentures...... .

None

Preferred stock........

None

Common stock..............

75,000.00

Surplus.................

50,000.00

Undivided profits........... 119,839.10

Reserves . . . . . . . . . . . . . . . . .

None

Total Assets............$ 2,589,159.30

Total Liabilities......$ 2,589,159.30

~-------------------------------

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$ 1,172,597.84

United States Government obliga-

tions, direct and guaranteed .. 2,311,203.75

Obligations of States and political

subdivisions................ 1,283,710.43

Securities of Federal agencies and

t~r.~~t~~~s. ~~~ ..g.u~~~t.e~~.~~ 250,117.21

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts................... 4,694,745.26

Bank premises, furniture and fixtures,

and other assets representing bank

premises...................

60,328.73

Real estate owned other than bank

premises...................

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets...................

92,989.00

Total Assets.................$ 9,865,692.22

LIABILITIES

Demand deposits...........$ 4,483,173.42

Time and savings deposits....... 2,714,394.85

Deposits of U.S. Government...... 249,182.36

Dep<?s!ts of States and political sub-

diVISions.................. 1,097,712.90

Deposits of banks............

75,000.00

Certified and officers' checks, etc..

14,480.08

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing......................... .

None

Other liabilities.............. 432,575.34

Capital notes and debentures...... .

None

Preferred stock................

None

Common stock................. 400,200.00

Surplus.....................

99,800.00

Undivided profits.............. 134,569.59

Reserves...................... . 164,603.68

Total Liabilities...............$ 9,865,692.22

FORTY-NINTH ANNUAL REPORT

161

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed . . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . .
Securities of Federal agencies and
u.s.. corporations not guaranteed by 0. 0 0 0 0 0 0 . . . . . . . . .
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. . . . . . . . . . . . . . .

2,151,060.89 2,596,612.61 1,521,881.37
724,812.50 None
7,153,226.38
167,429.66 74,411.07 None 11,773.38

Total Assets...........$ 14,401,207.86

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. 0 0 0. 0 Other liabilities.............. Capital notes and debentures...... Preferred stock........... Common stock.............. Surplus....................... . Undivided profits.............. Reserves................

6,007,171.01 5,159,010.24
134,405.97
1,479,289.96 None
5,579.80 None
None 582,736.28
None None 405,000.00 350,000.00 278,014.60 None

Total Liabilities..........$ 14,401,207.86

STATEMENT Showing condition at the close of business December 31, 1968, 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 collection..$

United States Government obliga-

tions, direct and guaranteed ..... .

Obliga~i~'!s of States and political

subdiVISIOnS . . . . . . . . . . . . . . . . . .

Securities of Federal agencies and

u~r.~~t~~~~ ~~~ gu-~~~t~~~ ~~

0



00

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

acceptances outstanding........ .

Other assets................... .

Total Assets................$

437,467.76 1,335,091.88
626,321.46
150,100.00 None
2,394,495.60
137,518.72 None None
60,662.79 5,141,658.21

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 :md 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...................... .

1,579,226.40 2,216,088.74
29,110.80
683,570.09 10,000.00 5,229.41 None
None 41,892.43
None None 200,000.00 100,000.00 218,819.60 57,720.74

Total Liabilities.............$ 5,141,658.21

162

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 collection.$
United States Government obliga tions, direct and guaranteed ..
Obligations of States and political subdivisions.............
Securities of Federal agencies and
u.s......... corporations not guaranteed by 0 0 0 0
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.............

593,107.09 1,116,518.43
697,604.40
250,102.87 None
2,636,371.46
61,987.49 None None
937.50

Total Assets............$ 5,356,629.24

LIABILITIES
Demand deposits......._$ Time and savings deposits..... Deposits of U.S. Government.... Dep'!s!ts of States and political sub
diVtSIORS. . . . . . . . . . . . . . . . . . . ..
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. . . . . . . . . . . . . . . .

1,394,101.88 2,707,590.50
16,490.05
786,328.75 9,600.45 2,395.19 None
None 82,861.10
None None 125,000.00 125,000.00 100,761.32 6,500.00

Total Liabilities........$ 5,356,629.24

STATEMENT Showing condition at the close of business December 31, 1968, 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.$
United States Government obligations, direct and guaranteed ....
Obligations of States and political subdivisions...............
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. . b.y.
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 acceptances outstanding......
Other assets..............

1,121,969.40 2,764,538.08
670,726.59
100,000.00 None
5,745,321.68
142,450.00 3,550.00 None None

LIABILITIES
Demand deposits..........$ Time and savings deposits....... Deposits of U.S. Government...... DeP'!s!ts of States and political sub
diVISlOnS. . . . . . . . . . . . . . . . . . . ..
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. . . . . . . . . . . . . . . . . . .

3,319,301.58 5,175,756.66
65,893.69 1,059,686.59
122,326.17 20,681.59 None
None 117,761.72
None None 200,000.00 350,000.00 117,147.75 None

Total Assets............$ 10,548,555.75

Total Liabilities..........$ 10,548,555.75

FORTY-NINTH ANNUAL REPORT

163

STATEMENT Showing condition at the close of business December 31, 1968, 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

H. H. WELLS, Cashier.
B~gan Business: 2-1-1960

ASSETS

Cash, balances with other banks, and

cash items in process of collection.$ 692,172.98

United States Government obliga

tions, direct and guaranteed . . 356,718.37

Obliga~i~J!S of States and political

SUbdtV1StOnS......... . 150,1 54.21

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........................ 1,598,187.21

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . .

7,296.09

Real estate owned other than bank

premises. . . . . . . . . . . .

38,000.00

Customers' liability to this bank on

acceptances outstanding. . . . .

None

Other assets. . . . . . . . . . . . .

817.68

Total Assets........$ 2,843,346.54

LIABILITIES

Demand deposits.......$ 1,537,492.94

Time and savings deposits....... 906,042.78

Deposits of U.S. Government...

5,407.94

Dep<?s!ts of States and political sub

dtVISions.............. 193,322.55

Deposits of banks...........

None

Certified and officers' checks, etc...

6,939.95

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand-

ing................

None

Other liabilities..........

18,800.00

Capital notes and debentures.....

None

Preferred stock..........

None

Common stock............

75,000.00

Surplus...............

65,000.00

Undivided profits..........

35,340.38

Reserves..............

None

Total Liabilities......$ .2,843,346.54

STATEMENT Showing condition at the close of business December 31, 1968, of

COMMEROAL 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 collection.$ 2,576,108.08

United States Government obliga-

tions, direct and guaranteed ... 3,759,538.01

Obligations of States and political

subdivisions............. 413,880.10

Securities of Federal agencies and

. .. t~r.~~t~~~~ ~~~ B_D~~~t.e~~..~~ 500,000.00

Other securities, corporate stocks and

stock in Federal Reserve Bank....

10,000.00

Loans and discounts, including over-

drafts.................. 2,639,778.27

Bank premises, furniture and fixtures,

and other assets representing bank

premises................... 180,478.27

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ .

None

Other assets. . ..............

6,468.95

LIABILITIES

Demand deposits.........$ 5,578,442.08

Time and savings deposits....... 2,484,958.41

Deposits of U.S. Government...... 331,142.98

DeP<?sits of States and political sub-

dtvisions.............. 628,072.77

Deposits of banks............

None

Certified ::.nd officers' checks, etc..

52,188.25

Other liabilities for borrowed money.

None

Acceptances exe..uted by or for ac-

count of this bank and outstand-

ing.................

None

Other liabilities............ 146,180.20

Capital notes and debentures......

None

Preferred stock..............

None

Common stock................. 200,000.00

Surplus......... - .......... . 300,000.00

Undivided profits............. 100,000.00

Reserves.................... 265,266.99

---T-o-ta-l-A-s-se-t-s.-.-.-.-. -. .-.-.-.-.--.-.-. .-.-$-1-0-,0-8-6-,2-5-1-.6-8-L------T-o-ta-l -L-ia-b-il-it-ie-s-.-.-.-.-. .--.-.-. --.--$-1-0-,0-8-6-,2-5-1-.6-8

164

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 1,297,285.54

United States Government obliga-

tions, direct and guaranteed . 839,128.63

Obligations of States and political

subdivisions............... 1,285.863.95

Securities of Federal agencies and

corporations not guaranteed by

u.s. Other securities, corporate stocks and 0 0 0

998,374.31

stock in Federal Reserve Bank..

None

Loans and discounts, including over

drafts................. 3,007,597.03

Bank premises, furniture and fixtures,

and other assets representing bank

premises............. 271,671.87

Real estate owned other than bank

premises............. Customers' liability to this bank on

None

acceptances outstanding..... Other assets.........

None 14,759.15

Total Assets...........$ 7,714,680.48

LIABILITIES

Demand deposits......$ 3,611,183.72 Time and savings deposits... 2,417,245.13 Deposits of U.S. Government.... 113,286.39

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

824,659.45 None
2,899.15 None

count of this bank and outstand

ing..................... Other liabilities.......... Capital notes and debentures..... Preferred stock........... Common stock......... Surplus.................. Undivided profits........... Reserves . . . . . . . . . . . . . .

None 141,403.89
None None 175,000.00 385,000.00 44,002.75 None

Total Liabilities........$ 7,714,680.48

STATEMENT

Showing condition at the close of business December 31, 1968, 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

MRS. MYRTIS L. LOVETT, Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$ 1,523,573.45

United States Government obJiga.

tions, direct and guaranteed ... 1,111,197.56

Obligations of States and political subdivisions............... 911,129.39

Securities of Federal agencies and

t~1.0~~t~~~~ . ~~~ ..'."~~~t.e~~.~~ 710,602.72

Other securities, corporate stocks and

stock in Federal Reserve Bank...

25,000.00

Loans and discounts, including over

drafts.................... 6,344,486.76

Bank premises, furniture and fixtures,

and other assets representing bank

premises.................... . 134,981.76

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets.................. 38,128.39

LIABILITIES

Demand deposits.............$ 3,632,127.17

Time and savings deposits....... 4,770,619.36

Deposits of U.S. Government...... . 173,226.58

Dep'!s!ts of States and political sub

dtVlSIOnS............... 928,121.57

Deposits of banks...........

2,175.60

Certified and officers' checks, etc...

54,770,45

Other liabilities for borrowed money.

None

Acceptances executed by or for ac

count of this bank and outstand

ing. . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities................ . 491,940.23

Capital notes and debentures...... .

None

Preferred stock.............

None

Common stock................ 200,000.00

Surplus.................... 400,000.00

Undivided profits............... 146,119.07

Reserves..................

None

Total Assets................$10,799,100.03

Total Liabilities............$10,799,100.03

FORTY-NINTH ANNUAL REPORT

165

STATEMENT

Showing condition at the close of business December 31, 1968, 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 coUection.$
United States Government obligations, direct and guaranteed ....
Obliga!i'.'J!S of States and political subdiVlSIOnS. . . . . . . . . . . . .
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.te.e.d. .b.y.
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..........

194,930.36 68,380.03
None
305,000.00 None
709,052.83
6,008.07 20,620.10
None 138.94

Total Assets....... .$ 1,304,130.33

LIABILITIES
Demand deposits......$ Time and savings deposits. . ... Deposits of U.S. Government..... DefK!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..............

501,298.60 517,355.44
2,740.39
140,067.61 None
5,496.81 None
None 6,518.32
None None 50,000.00 70,000.00 10,653.16 None

Total Liabilities....$ 1,304,130.33

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE PEOPLES BANK Willacoochee (Atkinson), Ga.

As called for by the Superintendent of Banks

CHAS. T. LODER, President.
Date of Charter: 1-4-1952

MARGUERITE B. LODER, Cashier.
Began Business: 1-15-1952

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed ....
Obliga!i'.'J!S of States and political SUbdiVlSIOnS . . . . . . . . . . . . . .
Securities of Federal agencies and
t~r.~~t~~~~ . ~~~ ..g.u~~~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..................

258,646.79 416,555.82
12,000.00
None None 483,882.17
13,146.54 None None
4,419.33

LIABILITIES
Demand deposits..........$ Time and savings deposits..... Deposits of U.S. Government...... DefK!s!ts of States and political sub-
dJVJSJons . . . . . . . . . . . . . . . . . . . Deposits of banks............ Certified ::nd 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...................... .

456,178.43 568,272.03
4,916.73
75,922.39 None
2,254.76 None
None None None None 30,000.00 30,000.00 18,154.66 2,951.65

Total Assets................$ 1,188,650.65

Total Liabilities.............S 1,188,650.65

---1.------------------.

166

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, 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..$
United States Government obliga lions, direct and guaranteed ..
Obligations of States and political subdivisions..................
Securities of Federal agencies and
cuo.sr p.o.r.a.t i.o.n.s . .n.o.t. .g.u.a.r.a.n.t e.e.d. .b.y.
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...............

1,471,768.41 1,749,102.82 1,251,997.01
600,391.25 None
4,160,387.75
79,454.07 None None
34,741.80

Total Assets..............$ 9,347,843.11

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. . . . . . . . . . . . . . . . .

4,383,033.71 3,275,882.00
137,729.69
587,586.20 None
69,437.04 None
None 218,390.66
None None 250,000.00 250,000.00 175,783.81 None

Total Liabilities..........$ 9,347,843.11

STATEMENT

Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed ....
Obligations of States and political subdivisions..............
Securities of Federal agencies and
t~r~~~~~~s- .~~~ .gu-~~~~~~~.~~
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...............

1,083,605.19 1,244,793.50
772,158.82
1,550,000.00 None
2,665,508.22
56,909.82 None None
52,250.00

Total Assets...........$ 7,425,225.55

LIABILITIES

Demand deposits...........$. 4,203,772.53

Time and savings deposits. . . . . . . 2,276,256.36

Deposits of U.S. Government.......

92,364.77

Dep~s!ts of States and political sub-

diVISions. . . . . . . . . . . . . . . . . . 350,219.76

Deposits of banks. . . . . . . . . . . . .

None

Certified and officers' checks, etc. . .

16,400.20

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...................... Other liabilities.............

None 8,750,00

Capital notes and debentures...... .

None

Preferred stock.............. Common stock............... Surplus. . . . . . . . . . . . . . . . . . . . .

None 125,000.00 150,000.00

Undivided profits..............

25,000.00

Reserves...................... 177,461.93

Total Liabilities..........$ 7,425,225.55

FORTY-NINTH ANNUAL REPORT

167

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE CAMDEN COUNTY STATE BANK Woodbine (Camden), Ga.

As called for by the Superintendent of Banks

J. C. NEWTON, President.
Date of Charter: 6-24-1947

E. F. PARKER, Cashier.
Began Business: 1-2-1948

ASSETS
Cash, balances with other banks, and cash items in process of collection.$
United States Government obligations, direct and guaranteed ..
Obliga~i~J!S of States and political SUbdtV1SJOnS . . . . . . . . . . .
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.........

271,294.82 679,094.44
9,627.20
475,146.88 None
779,803.65
5,566.49 None None None

Total Assets........$ 2,220,533.48

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.........

521,917.36 921,771.30
3,615.75
572,216.83 None
9,242.04 None
None 8,270.20
None None 50,000.00 75,000.00 58,500.00 None

Total Liabilities.......$ 2,220,5 33.48

STATEMENT Showing condition at the close of business December 31, 1968, 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..$ 1,087,589.04

United States Government obliga-

tions, direct and guaranteed .... 389,838.29

Obligations of States and political

subdivisions. ...........

None

Securities of Federal agencies and

t~~o~~t~~~~ . ~~~ .g.u~~~t.e~~~~ 881,894.59

Other securities, corporate stocks and

stock in Federal Reserve Bank....

None

Loans and discounts, including over-

drafts................... 1,063,251.20

Bank premises, furniture and fixtures,

and other assets representing bank

premises . . . . . . . . . . . . . . . . . .

5,566.71

Real estate owned other than bank

premises. . . . . . . . . . . . . . . . . .

None

Customers' liability to this bank on

acceptances outstanding........ Other assets...............

None None

Total Assets................$ 3,428,139.83

LIABILITIES

Demand deposits........$ 1 012 227.17

Time and savings deposits. . . . 1:352:710.13

Deposits of U.S. Government... . . . .

8 343.18

Dep<!lits of States and political sub-

'

dtvisions... . . . . . . . . . . 711,730.82

Deposits of banks. . . . . . . . .

None

Certified and officers' checks, etc. .

3,750.72

Other liabilities for borrowed money.

None

Acceptances exe~uted by or for ac-

count of this bank and outstand-

ing.................... Other liabilities........... Capital notes and debentures..... Preferred stock.............

None 7,652.50
None None

Common stock................ 50,000.00

Surplus.................. 100,000.00

Undivided profits.............. 171,725.31

Reserves................. 10,000.00

Total Liabilities..........$ 3,428,139.83

168

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1968, 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 coUection..$ United States Government obliga-
tions, direct and guaranteed . . . Obliga~i~'!s of States and political
SUbdiVISIOnS. . . . . . . . . . . . . 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.
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..........$

157,226.1>1 259,817.50
49,000.00
50,000.00 None
81,094.27
547.00 None None
489.34 598,174.72

LIABILITIES
Demand deposits..........$ Time and savings deposits....... 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................

380,856.68 18,102.51 8,350.10
100,464.10 None
214.00 None
None None None None 25,000.00 45,000.00 20,187.33 None

Total Liabilities..........$ 598,174.72

STATEMENT Showing condition at the close of business December 31, 1968, 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 banks, and

cash items in process of collection.$ 261,791.54

United States Government obliga-

tions, direct and guaranteed .... 610,975.78

Obligations of States and political

subdivisions............. 366,210.74

Securities of Federal agencies and

~r.~~t~~~s. ~~~ ..g.u~~~t.e~~. -~~ 320,687.67

Other securities, corporate stocks and

stock in Federal Reserve Bank.....

None

Loans and discounts, including over-

drafts....................... 1,688,802.77

Bank premises, furniture and fixtures,

and other assets representing bank

premises. . . . . . . . . . . . . . . . . .

30,693.28

Real estate owned other than bank

premises....................

None

Customers' liability to this bank on

acceptances outstanding........

None

Other assets...................

603.33

Total Assets...............$ 3,279,765.11

LIABILITIES

Demand deposits............$ 1,094,641.11

Time and savings deposits........ 1,523,217.12

Deposits of U.S. Government......

18,350.12

Dep~s!ts of States and political sub-

diVISIOns.................. 315,429.91

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-

ing. . . . . . . . . . . . . . . . . . . . . . . .

None

Other liabilities................

68,289.00

Capital notes and debentures......

None

Preferred stock...............

None

Common stock................. 100,000.00

Surplus....................... 100,000.00

Undivided profits..............

59,837.85

Reserves. . . . . . . . . . . . . . . . . . . . . .

None

Total Liabilities..............$ 3,279,765.11

FORTY-NINTH ANNUAL REPORT

169

STATEMENT

Showing condition at the close of business December 31, 1968, 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 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
Out h.esr.s.ecurities, corp o ratestocksand
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 acceptances outstanding....... Other assets..............

208,080.03 669,426.08 251,383.85
60,000.00 None
1,335,868.47
20,942.43 None None None

Total Assets..........$ 2,545,700.86

LIABILITIES

Demand deposits.....$ 1,068,445.31

Time and savings deposits. . .... 994,776.09

Deposits of U.S. Government....

34,287.23

Dep'!s!ts of States and political sub-

dJvtstons.............. 202,999.04

Deposits of banks........

None

Certified and officers' checks, etc..

3,359.51

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing...

None

Other liabilities..........

9,542.01

Capital notes and debentures...

None

Preferred stock........

None

Common stock.............

50,000.00

Surplus................. 100,000.00

Undivided profits..........

82,291.67

Reserves. . . . . . . . . . . . . . .

None

Total Liabilities........$ 2,545,700.86

STATEMENT Showing condition at the close of business December 31, 1968, 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..$
United States Government obligations, direct and guaranteed ..... .
Obliga~ic;>~s of States and political SUbdiVISIOnS.................. .
Securities of Federal agencies and
t~S:~~t~~~~ ~~~ ..g.u~~~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...................

562,081.83 1,698,964.11
475,711.76
1,000,571.88 None
2,334,789.35
60,000.00 None None None

LIABILITIES
Demand deposits.............$ Time and savings deposits.... Deposits of U.S. Government...... . DeP'!s!ts of States and political sub-
dJvtSJons . . . . . . . . . . . . . . . . Deposits of banks.............. Certified :md 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...................... .

2,187,106.57 3 ,064,850.79
12,739.61
318,083.83 59,479.55 21,211.76 None
None None None None 100,000.00 200,000.00 83,646.82 85,000.00

Total Assets.................$ 6,132,118.93

Total Liabilities..............$ 6,132,118.93

_ _J__ _ - - - - - - - - - - - - - - - - - - .

170

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE EXCHANGE BANK OF WRIGHTSVILLE Wrightsville (Johnson), Ga.

As called for by the Superintendent of Banks

FRANCES F. SHURLING, President.
Date of Charter: 12-20-1909

KATHERINE SNELL, Cashier.
Began Business: 12-20-1909

ASSETS
Cash, balances with other banks, and cash items in process of collection.$
United States Government obJigs. tions, direct and guaranteed ....
Obliga!ic;>J!S of States and political SubdJVISIOns. . . . . . . . . . . . . . . .
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 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 acceptances outstanding.....
Other assets..........

1,163,223. 70 485,567.20 107,775.09
87,375.00 None
1,441,787.10
106,675.24 None None
4,111.71

Total Assets............$ 3,396,515.04

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...........

1,914,293.02 887,587.78 17,912.35
231,568.46 None
23,412.00 None
None 10,000.00
None None 100,000.00 150,000.00 61,741.43 None

Total Liabilities........$ 3,396,515.04

STATEMENT Showing condition at the close of business December 31, 1968, of

THE BANK OF ZEBUWN Zebulon (Pike), Ga.

As called for by the Superintendent of Banks

J. J. EDWARDS, President.
Date of Charter: 3-18-1905

CAROLYN GILBERT, Cashier.
Began Business: 1-31-1905

ASSETS
Cash, balances with other banks, and cash items in process of collection$
United States Government obfiga. tions, direct and guaranteed ...
Obligations of States and political subdivisions. . . . . . . . . . . . . .
Securities of Federal agencies and
b~~o~~t~~~s.. ~~~ ..g.u~~~t.e~~..~~
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 acceptances outstanding......
Other assets..................

504,911.26 485,316.18 333,890.64
260,000.00 None
1,919,563.96
58,623.02 None None None

Total Assets..............$ 3,562,305.06

LIABILITIES

Demand deposits..........$ 1,197,143.63

Time and savings deposits.... 1,701,912.00

Deposits of U.S. Government..... 111,638.91

DeP<?S!ts of States and political sub

dJVISIORS.............. 193,555.20

Deposits of banks.........

None

Certified and officers' checks, etc...

28,863.43

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing................

None

Other liabilities............

56,870.19

Capital notes and debentures.....

None

Preferred stock...............

None

Common stock...............

50,000.00

Surplus................. 150,000.00

Undivided profits.............

56,271.70

Reserves. . . . . . . . . . . . . . . . . .

16,050.00

Total Liabilities...........$ 3,562,305.0(

FORTY-NINTH ANNUAL REPORT

171

APPLICATIONS BY REGULATED CERTIFICATED BANKS TO INCREASE CAPITAL STOCK- APPROVED

NAME OF BANK

LOCATION

APPROVED AMOUNT OF INCREASE

First Citizens Bank ............... Covington ...... . 1-12-68 Peoples Bank . . . . . . . . . . . . . . . . . . . St. Marys....... . 2-22-68 The Exchange Bank . . . . . . . . . . . . . . Douglas ........ . 2-27-68 The Park Avenue Bank ............ Valdosta ....... . 2-27-68 Peoples Banking Company ......... Folkston ....... . 6-10-68 Mercantile City Bank ............. Atlanta ........ . 9-19-68 The Bank of Augusta ............. Augusta ....... . 11- 7-68 The Brown Bank ................. Cobbtown ...... . 12-10-68

$ 26,000 to $ 100,000 30,000 to 50,000 50,000 to 170,000 50,000 to 150,000 50,000 to 150,000 75,000 to 237,500 200,000 to 260,000 50,000 to 75,000

APPLICATIONS BY REGULATED CERTIFICATED BANKS TO REDUCE PAR VALUE OF CAPITAL STOCK- APPROVED

NAME OF ilANK

LOCATION

PAR VALUE REDUCED

OFSTOCK

TO

APPROVED

First Citizens Bank ............... Covington...... . . $100

$10

Mercantile City Bank ............. Atlanta. . . . . . . . . . 100

5

1-12-68 9-19-68

172

DEPARTMENT OF BANKING

ABSTRACT OF REPORTS OF CONDITION OF REGULATED CERTIFICATED BANKS AS OF DECEMBER 31, 1968
(With Comparative Statement as of December 31, 1967)

Dec. 31, 1968 Dec. 31, 1967

25 Banks

25Banks

Increase

ASSETS
Cash and balances with other banks .......
U. S. Government Obligations ...........
Obligations. ~f.States and political subdiviSions ....................
Securities of Federal agencies ............
Other securities ......................
Loans and discounts ................... Bank premises, furniture and fixtures and
other assets representing bank premises Real estate owned other than bank premises
Other Assets .........................
TOTAL ASSETS .....................

$ 5,159,460.40 $ 4,411,831.96 3,841,206.35 2,200,729.95

19,200.00 1,861,551.44
112,128.16 10,317,263.24

10,000.00 580,000.00
-06,250,816.46

728,756.18 27,250.00

503,535.59 20,000.00

67,835.28

21,759.35

$22,134,651.05 $13,998,673.31

$ 747,628.44 1,640,476.40
9,200.00 1,281,551.44
112,128.16 4,066,446.78
225,220.59 7,250.00
46,075.93 $8,135,977.74

LIABILITIES

Demand Deposits .....................

Time Deposits Deposits ofU.

.
S.

...........
Government

..............

..

......

Deposits of States and political
subdivisions ....................

Deposits of Banks .....................

Other Deposits (certified and officers' checks, etc.) ....................

TOTAL DEPOSITS ...................

Other Liabilities ......................
TOTAL LIABILITIES (not including capital accounts) ................

$ 9,068,471.21 $ 6,162,878.51 $2,905,592.70

6,680,133.03 4,438,684.96 2,241 ,448.07

615,642.46

59,164.36 556,478.10

1,082,637.19 153,317.61

477,531.29 50,000.00

605,105.90 103,317.61

163,079.11

122,252.71

40,826.40

$""17,763,280.61 $11,310,511.83 $6,452,768.78

147,189.88

40,386.27 106,803.61

$17,910,470.49 $11,350,898.10 $6,559,572.39

CAPITAL ACCOUNTS
Common Stock ......................
Surplus ............................. Undivided Profits ..................... Reserves ............................
TOTAL CAPITAL ACCOUNTS ..........

$ 2,086,000.00 $ 1,407,000.00 $ 679,000.00

1,447,675.00

838,175.00 609,500.00

659,041.97

397,003.32 262,038.65

31,463.59

5,596.89

25,866.70

$ 4,224,180.56 $ 2,647,775.21 $1,576,405.35

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

..........

$22,134,651.05 $13,998,673.31 $8,135,977.74

FORTY-NINTH ANNUAL REPORT

173

STATEMENT

Showing condition at the close of business December 31, 1968, of

DORSEY BANKING COMPANY (Regulated Certificated Bank- Deposits Insured up to $15,000)
Abbeville (Wdcox), 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 coUection..$
United States Government obligations, direct and guaranteed . . .
Obligations of States and political subdivisions. . . . . . . . . . . . . . . . .
Securities of Federal agencies and corporations not guaranteed by
u.s . . 0 0 0. 0 0 0 . .
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. . . . . . . . . . . . . . .

52,839.91 22,088.13
None
210,000.00 None
101,218.68
4,700.00 None None None

Total Assets............$ 390,846.72

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............... S u r p l u s . . . . . . . . . . . . . . . . . . Undivided profits........... Reserves...............

215,975.24 84,943.22 None
31,494.75 None
564.25 None
None 1,012.00
None None 25,000.00 17,500.00 14,357.26 None

Total Liabilities..........$ 390,846.72

STATEMENT

Showing condition at the close of business December 31, 1968, 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

CARL M. HARRIS, Cashier.
Began Business: 1-2-1968

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 subdtV1SJOnS . . . . . . . . . . . . . . . . .
Securities of Federal agencies and
t~~o~~t~~~~ . ~~~ ..g.u~~~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...................

273,281.60 631,594.22
None
550,000.00 None
977,913.44
57,198.49 None None
15,219.93

Total Assets.............$ 2,505,207.68

LIABILITIES
Demand deposits..............$ Time and savings deposits........ Qeposits of U.S. Government...... . DeJ?~S!ts of States and political sub
dtV1SJOnS . . . . . . . . . . . . . . . . . . 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...................... .

858,447.28 706,113.89 398,536.99
94.81 None 23,250.77 None
None 14,714.14
None None 237,500.00 175,000.00 91,549.80 None

Total Liabilities...............$ 2,505,207.68

174

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BANK OF AUGUSTA (Regulated Certificated Bank- Deposits Insured up to $15,000)
Augusta (Richmond), Ga.

As called for by the Superintendent of Banks

D. S. McARTHUR,

C. W. MATTHEWS,

President.

Cashier.

Date oflncorporation: 11-27-1967

Began Business: 1-2-1968

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 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 acceptances outstanding. . . . . . .
Other assets. . . . . . . . . . . . . .

657,690.72 773,556.81
None
None None 2,094,267.44
174,828.65 None None
26,857.56

Total Assets.............$ 3,727,201.18

LIABILITIES

Demand deposits.....$ 897 796.38 Time ~nd savings deposits.... 1,870;754.16

Deposits of U.S. Government....... 20,901.13

Dep?s!ts of States and political sub-

diVISIOns............... 133,657.20

Deposits of banks.............

182.02

Certified and officers' checks, etc.. 57,481.02

Other liabilities for borrowed money.

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing..

None

Other liabilities..............

8,693.08

Capital notes and debentures....

None

Preferred stock.............

None

Common stock............. 260,000.00

Surplus................... 400,000.00

Undivided profits............. 77,736.19

Reserves . . . . . . . . . . . . . . .

None

Total Liabilities.....$ 3,727,201.18

STATEMENT

Showing condition at the close of business December 31, 1968, 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.,

MRS. LUCILLE M. JONES,

President.

Cashier.

Date of Incorporation: 2-16-1967

Began Business: 6-1-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obligations, direct and guaranteed .....
Obliga~i;;J!S of States and political SUbdiVISIOnS . . . . . . . . . . . . . . . . . .
Securities of Federal agencies and
~r.~~t~~~~ . ~~~ ..g.u~~~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................... .

80,314.12 88,693.55
None
None None None
746.00 None 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 =nd officers' checks, etc... Other liabilities for borrowed money. Acceptances exe~uted 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. . . . . . . . . . . . . . . . . . . . . .

119,980.76 None None
10,938.39 None
516.80 None
None 868.33
None None 25,000.00 5,000.00 7,449.39 None

Total Assets.................$ 169,753.67

Total Liabilities..............$ 169,753.67

FORTY-NINTH ANNUAL REPORT

175

STATEMENT

Showing condition at the close of business December 31, 1968, 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,

L. KENNON SMITH, JR.,

President.

Cashier.

Date oflncorporation: 10-14-1966

Began Business: 11-15-1966

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 corporations not guaranteed by
u.s.... ... ...
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 owued other than bank premises. . . . . . . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding.......
Other assets. . .................
Total Assets..............$

160,949.93 130,966.38
9,200.00
112,238.00 None
297,414.19
4,529.90 None None None
715,298.40

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 outstand ing . . . . . . . . . . . . . . . . . . Other liabilities............ Capital notes and debentures...... Preferred stock............ Common stock.............. Surplus............... Undivided profits.......... Reserves. . . . . . . . . . . . . . . . .

347,601.56 226,225.53
None
46,442.02 None
1,793.19 None
None 4,668.94
None None 27,500.00 50,500.00 10,567.16 None

Total Liabilities...........$ 715,298.40

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE BROWN BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)

Cobbtown (Tattnall), Ga.

As called for by the Superintendent of Banks

W. L. BROWN, SR.,

W. A. SIKES,

President.

Cashier.

Date oflncorporation: 10-2-1967

Began Business: 1-2-1968

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
u~r.~~t~~~~ . ~~~ ..g.u~~~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..................
Total Assets...............$

437,849.98 None None
None None 207,407.09
11,976.71 None None None
657,233.78

LIABILITIES
Demand deposits...........$ Time and savings deposits........ . Deposits of U.S. Government...... . Depl!s!ts of States and political sub-
diVJSions. . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . .

365,749.57 116,489.00
None
11,323.12 None
2,211.91 None
None None None None 75,000 55,000.00 25,755.63 5,704.55

Total Liabilities............$ 657,233.78

176

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

FIRST CITIZENS BANK (Regulated Certificated Bank- Deposits Insured up to $2,000)
Covington (Newton), Ga.

As called for by the Superintendent of Banks

W. B. COLLETT, President.
Date oflncorporation: 4-25-1967 .

R. D. PHILEN, 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
cuo.srp.o.r.a.ti.o.n.s . .n.o.t. .g.u.a.r.a.nt.e.e.d. .b.y.
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 acceptances outstanding......
Other assets...............
Total Assets.............$

77,717.35 None None
None 2,128.16 366,122.16
108,556.44 None None
15,012.42 569,536.53

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. . . . . . . . . . . . . .

125,805.67 121,932.89
None
None None 3,090.97 None
None 24,928.28
None None 100,000.00 160,000.00 33,778.72 None

Total Liabilities.........$ 569,536.53

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE EXCHANGE BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)

Douglas (Coffee), Ga.

As called for by the Superintendent of Banks

M. E. BELGER, President.
Date oflncorporation: 1-13-1967

R. E. BOATRIGHT, 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 ....
Obligations of States and political subdivisions..............
Securities of Federal agencies and
t~r~~t~~~~ . ~~~ ..g.u~~~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. ................

217,367.63 340,208.93
None
180,000.00 None
484,381.67
44,660.07 19,750.00
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 :md officers' checks, etc.. Other liabilities for borrowed money. Acceptances exe~uted 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.....................

576,550.54 384,286.51
None 30,000.00 50,683.06
8,816.52 None
None None None None 170,000.00 40,000.00 26,031.67 None

- -T-ot-al -As-se-ts.-.--..-.-.=...-.......$ .1.,.28.6:,3.68-.3-0 . . . . 1T.o.ta.l .L.ia-bil-iti-es.--.-.-..-..-..-..-$- -1,2-8-6,3-68-.30

FORTY-NINTH ANNUAL REPORT

177

STATEMENT

Showing condition at the close of business December 31, 1968, of

PEOPLES BANKING COMPANY (Regulated Certificated Bank- Deposits Insured up to $15,000)
Folkston (Charlton), Ga.
As called for by the Superintendent of Banks

DR. J. M. JACKSON, President.
Date oflncorporation: 7-13-1967

ROBERT F. KIMBALL, Cashier.
Began Business: 7-24-1967

ASSETS
Cash, balances with other banks, and cash items in process of coUection.$
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 owued other than bank premises. . . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . . . . .
Other assets. . . . . . . . . . . . . .

204,195.24 375,429.23
None
231,283.25 None
824,599.27
18,582.25 None None
2,191.78

LIABILITIES
Demand deposits..........$ Time and savings deposits. . ...... Deposits of U.S. Government.... Dep<?s!ts of States and political sub-
dtVJStons. . . . . . . . . . . . . . . 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..............

585,645.86 790,833.66
7,473.44
None 2,452.53
None None
None 32,647.77
None None 150,000.00 130,000.00 32,227.76 None

-------------------------------L--------------- Total Assets........$ 1,731,281.02

Total Liabilities.....$ 1,731,281.02

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE COASTAL BANK (Regulated Certificated Bank - Deposits Not Insured)

Hinesville (Liberty), Ga. .

As called for by the Superintendent of Banks

CHARLES A. PURSER,

FRED B. NEWTON,

President. Date oflncorporation: 6-26-1967

Cashier. Began Business: 1-2-1968

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
b~?.'~~t~~~~ . ~~~ ..g.u~~~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..................
Total Assets................$

145,941.75 None None
None None 231,010.82
11,736.93 None None
943.14 389,632.64

LIABILITIES
Demand deposits..............$ Time and savings deposits...... Deposits of U.S. Government...... . Dep<?s!ts of States and political sub-
dtVJStons. . . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .

245,899.81 33,512.06 None
None None 8,378.08 None
None 10,142.99
None None 75,000.00 12,500.00 4,199.70 None

Total Liabilities.............$ 389,632.64

178

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, of

PEOPLES STATE BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
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.
Began Business: 3-1-1967

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
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.........$

425,365.23 188,196.12
None
45,821.38 None
250,396.39
2,816.24 None None None
912,595.36

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. . . . . . . . . . .

436,306.56 126,707.89
7,450.79
238,221.68 None
7,227.12 None
None 11,120.51
None None 25,000.00 50,000.00 10,560.81 None

Total Liabilities....$ 912,595.36

STATEMENT

Showing condition at the close of business December 31, 1968, 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,

KENNETH F. WADE,

President.

Cashier.

Date oflncorporation: 1-18-1967

Began Business: 3-10-1967

ASSETS Cash, balances with other banks, and
cash items in process of collection,.$ United States Government obliga-
tions, direct and guaranteed ..... Obligations of States and political
subdivisions............. Securities of Federal agencies and
~r~~t~~~~ . ~~~ . gu-~~~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. . .................

181,950.35 89,312.50 None
100,000.00 None
370,618.02
10,583.43 None None None

LIABILITIES
Demand deposits...........$ Time and savings deposits....... Deposits of U.S. Government...... . DeP?s!ts of States and political sub-
dJVJSJons................... .. Deposits of banks.......... Certified ~nd 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...................... .

217,422.49 366,231.07
2,593.27
None 50,000.00
5,288.64 None
None 212.24
None None 75,000.00 10,000.00 25,716.59 None

_ _T_o_t_ai__As_se,_s_.____._._______._._._S_752,464.3_o_.L...._ _ _T_o__ta_I_L_ia_b_il_it_ie_s._.________. _ . _ . _ . _ . S _ 7 5 2 , 4 6 4 . 3 0

FORTY-NINTH ANNUAL REPORT

179

STATEMENT

Showing condition at the close of business December 31, 1968, of

EXCHANGE BANK (Regulated Certificated Bank- Deposits Insured up to $2,000)
Ludowici (Long), Ga.
As called for by the Superintendent of Banks

C. M. JORDAN, President.
Date oflncorporation: 1-29-1967

J. BRADWELL SMITH, Cashier.
Began Business: 1-2-1968

ASSETS
Cash, balances with other banks, and cash items in process of coUection.$
United States Government obligations, direct and guaranteed ...
Obligations of States and political subdivisions. . . . . . . . . . . . . . . .
Securities of Federal agencies and corporations not guaranteed by
u.s. . . . . . 0 0
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.........$

72,036.83 None None
17,876.25 None
91,302.73
2,970.00 None
778.98 None
184,964.79

LIABILITIES
Demand deposits...........$ Time and savings deposits. . ..... Deposits of U.S. Government..... Dep<?s!ts of States and political sub
dlVISlODS. . . . . . . . . . . . . . . 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...............

73,443.75 65,744.81
None
None None 3,489.70 None
None 2,067.39
None None 25,000.00 5,000.00 10,219.14 None

Total Liabilities........$ 184,964.79

STATEMENT

Showing condition at the close of business December 31, 1968, of

THE PEOPLES BANK OF MACON

(Regulated Certificated Bank- Deposits Insured up to $15,000)

Macon (Bibb), Ga.

As called for by the Superintendent of Banks

DENNIS J. F. BEALL,

HOLST C. BEALL, JR.,

President.

Cashier.

Date oflncorporation: 8-10-1966

Began Business: 9-12-196()

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
ITr.~~t~~~~ . ~~~ ..g.u~~~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...............

218,073.46 737,873.76
None
None None 692,793.40
133,474.55 None None
1,058.15

Total Assets..............$ 1,783,273.32

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 outstand ing. . . . . . . . . . . . . . . . . . . . . . Other liabilities........... Capital notes and debentures...... Preferred stock............ Common stock.............. Surplus. . . . . . . . . . . . . . . . . . . . . Undivided profits.............. Reserves.....................

645,923.59 424,754.13
6,360.62
349,667.95 None
9,361.73 None
None 21,045.43
None None 200,000.00 103,975.00 22,184.87 None

Total Liabilities...........$ 1,783,273.32

180

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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 oflncorporation: 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 .... Obligations of States and political
subdivisions............... Securities of Federal agencies and
t~~o~~t~~~~ . ~~~ ..g~~~~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 acceptances outstanding.......
Other assets...............
Total Assets..............$

174,736.23 None None
None None 386,683.82
121.43 7,500.00
None None 569,041.48

LIABILITIES
Demand deposits.........$ Time and savings deposits.... Deposits of U.S. Government.... Dep~s!ts of States and political sub
dtVISlOnS. . . . . . . . . . . . . . . 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. . . . . . . . . . . . .

387,489.40 40,000.00 7,860.00
32,995.08 None 65.00 None
None None None None 60,000.00 10,000.00 30,632.00 None

Total Liabilities........$ 569,041.48

STATEMENT

Showing condition at the close of business December 31, 1968. 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,

EDGAR B. McDONALD,

President.

Cashier.

Date of Incorporation: 3-9-1967

Began Business: 4-10-1967

ASSETS Cash, balances with other banks, and
cash items in process of collection..$ United States Government obliga
tions, direct and guaranteed ..... . Obliga~ic;>'!S of States and political
subdiVISIOnS. . . . . . . . . . . . . . Securities of Federal agencies and
~r.~~t~~~~ . ~~~ ..g.u~~~t.e~~..~~
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 acceptances outstanding........ .
Other assets................

80,482.75 3,314.31
10,000.00
None None 245,496.20
563.63 None None None

LIABILITIES Demand deposits........$ Time and savings deposits.... Deposits of U.S. Government...... . Deposits of States and political sub
dtvisions . . . . . . . . . . . . . . . . Deposits of banks........... Certified ::nd officers' checks, etc.. Other liabilities for borrowed money. Acceptances exe..uted 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. . . . . . . . . . . . . . . . . . . .

184,615.99 84,598.31 None
6,899.10 None None None
None 2,711.30
None None 45,000.00 5,000.00 9,559.62 1,472.57

Total Assets...............$ 339,856.89

Total Liabilities...........$ 339,856.89

------------------------------~------------------------------

FORTY-NINTH ANNUAL REPORT

181

STATEMENT

Showing condition at the close of business December 31, 1968, of

CITIZENS SERVICE BANK

(Regulated Certificated Bank - Deposits Not Insured)

Omega (Tift), Ga.

As called for by the Superintendent of Banks

JOHN D. McLEOD,

ANN McLEOD,

President. Date of Incorporation: 12-12-1967

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 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.......... , .$

98,395.82 5,000.00 None
None None 15,201.60
6,900.00 None None None
125,497.42

LIABILITIES
Demand deposits...........$ Time and savings deposits. . ..... Deposits of U.S. Government...... Dep'?s!ts of States and political sub-
diVJSJons.......... - ....... 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 . . . . . . . . . . . . . . . . . . . .

86,066.35 None None
8,736.17 None
1,485.14 None
None 396.87
None None 25,000.00 5,000.00 1,187.11 None

Total Liabilities...............$ 125,497.42

STATEMENT

Showing condition at the close of business December 31, 1968, 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,

L. C. MILLER,

President.

Cashier.

Date oflncorporation: 12-27-1966

Began Business: 1-20-1967

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
cuo.srp. o.ra.t.io.n.s. . .n.o.t . .g.u.a.ra.n.t.e.ed. . .b.y.
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................$

117,049.89 None None
290,000.00 None
223,668.02
16,319.00 None None None
647,036.91

LIABILITIES
Demand deposits.............$ Time and savings deposits...... Deposits of U.S. Government...... . Dep<?s!ts of States and political sub-
dJVJSJons. . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .

368,639.65 169,866.36
1,575.00
10,178.00 None
5,551.99 None
None 2,653.40
None None 50,000.00 10,000.00 28,572.51 None

Total Liabilities..............$ 647,036.91

182

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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,

CHARLOTTE W. DEKLE,

President.

Cashier.

Date oflncorporation: 2-1-1967

Began Business: 3-16-1967

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

corporations not guaranteed by

u.s.

0 0000 0 0 0 00 0

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

acceptances outstanding.......

Other assets. . ........

Total Assets.......$

186,804.44 151,615.29
None
100,000.00 None
244,231.83
16,450.81 None None 10.00
699,112.37

LIABILITIES
Demand deposits.......$ Time and savings deposits...... Deposits of U.S. Government.. DefK!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 . . . . . . . . . . . . .

277,830.83 137,055.20
2,043.71
171,988.92 None
1,702.36 None
None None None None 35,000.00 50,000.00 23,491.35 None

Total Liabilities..........$ 699,112.37

STATEMENT

Showing condition at the close of business December 31, 1968, of

BANK OF RAY CITY

(Regulated Certificated Bank- Deposits Not Insured)

Ray City (Berrien), Ga.

As called for by the Superintendent of Banks

L. F. FOUNTAIN,

MRS. BETTY P. BUERGER,

President.

Cashier.

Date oflncorporation: 4-10-1967

Began Business: 12-18-1967

ASSETS

Cash, balances with other banks, and

cash items in process of collection..$

United States Government obliga-

tions, direct and guaranteed ..... .

Obliga~if!f!S of States and political

subdavuaons. . . . . . . . . . . . . . . . .

Securities of Federal agencies and

u~r.~~t~~~~ ~~~ .g.u~~~t-e~~ ~~

0

0

00

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

acceptances outstanding........ .

Other assets................... .

Total Assets.................$

231,921.74 9,108.16 None
None None 236,071.13
5,356.67 None

LIABILITIES
Demand deposits...........$ Time and savings deposits...... Deposits of U.S. Government...... . Dep~!ts of States and political sub
davuaons. . . . . . . . . . . . . . . . . . . . Deposits of banks............. Certified ~nd 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...................... .

217,402.91 207,880.31
None
None None 2,086.30 None
None None None None 46,000.00 9,200.00 111.82 None

None None

482,457.70

Total Liabilities...............$ 482,457.70

--'--- -----------------.

FORTY-NINTH ANNUAL REPORT

183

STATEMENT

Showing condition at the close of business December 31, 1968, of

PEOPLES BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)

St. Marys (Camden), Ga.

As called for by the Superintendent of Banks

CHARLES C. SMITH,

LOUISE HUGGINS,

President. Date of Incorporation: 1-30-1967

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 .. 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 othu assets representing bank premises. . . . . . . . . . . . . . . . . .
Real estate owued other than bank premises...................
Customers' liability to this bank on acceptances outstanding........
Other assets................
Total Assets..............$

149,303.19 None None
None 110,000.00 348,107.94
17,120.00 None None None
624,531.13

LIABILITIES
Demand deposits..........$ Time and savings deposits..... Deposits of U.S. Government..... Dep~s!ts of States and political sub-
davtsaons . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . .

173,991.71 253,470.48
None
None 50,000.00
6,155.96 None
None None None None 50,000.00 50,000.00 25,000.00 15,912.98

Total Liabilities.........$ 624,531.13

STATEMENT

Showing condition at the close of business December 31, 1968, 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 of Incorporation: 4-24-1967

H. C. McLENDON, Cashier.
Began Business: 8-1-1967

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
~?.'~~t~~~~ . ~~~ ..g.u~~~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...................
Total Assets..............$

60,370.56 None None
24,332.56 None
63,000.69
9,500.00 None None None
157,203.81

LIABILITIES
Demand deposits...........$ Time and savings deposits..... Deposits of U.S. Government...... Dep~s!ts of States and political sub-
davtSaons. . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .

109,976.56 8,704.88 None
None None 1,147.77 None
None None None None 25,000.00 4,000.00 7,055.25 1,319.35

Total Liabilities..............$ 157,203.81

184

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1968, 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.,

M. G. POUND, JR.,

President.

Cashier.

Date oflncorporation: 2-9-1967

Began Business: 6-1-1967

ASSETS Cash, balances with other banks, and
cash items in process of collection.$ United States Government obliga-
tions, direct and guaranteed . Obligations of States and political
subdivisions. . . . . . . . . . . . . . . . Securities of Federal agencies and
corporations not guaranteed by IJ.S. . . . . . . lJther 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...........$

90,859.03 144,741.15
None
None 406,606.49
25,000.00 None None
3,041.84 670,248.51

LIABILITIES
Demand deposits.........$ Time and savings deposits. . ..... Deposits of U.S. C.Overnment...... . Depl!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.............

443,018.44 143,002.86
None
None None 2,416.97 None
None 588,438.27
None None 50,000.00 10,000.00 21,810.24 None

Total Liabilities.....$ 670,248.51

STATEMENT

Showing condition at the close of business December 31, 1968, of

COMMEROAL BANK

(Regulated Certificated Bank - Deposits Insured up to $15,000)

Tallapoosa (Haralson), Ga.

As called for by the Superintendent of Banks

GORDON HEATII,

ELIZABETH R. NEWMAN,

President.

Cashier.

Date oflncorporation: 11-12-1966

Began Business: 1-12-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection..$
United States Government obliga tions, direct and guaranteed .....
Obligations of States and political subdivisions. ..............
Securities of Federal agencies and
~r.~~t~~~~ . ~~~ . gu~~~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.................

338,512.67 149,507.81
None
None None 476,938.07
29,665.25 None None
2,338.55

LIABILITIES
Demand deposits........$ Time and savings deposits.... Deposits of U.S. Government...... . DePI!s!ts of States and political sub-
diVISions. . . . . . . . . . . . . Deposits of banks.......... Certified :nd 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 . . . . . . . . . . . . . . . . . . .

623,898.14 32,093.30
158,815.07 None None
7,220.79 None
None 236.00
None None 80,000.00 50,000.00 37,644.91 7,054.14

___T_o_t_a_J__As_se_ts_.________________s___9_9_6_,9_6_2_._3_5__L-_____T_o_t_ai__Li_a_b_ll_it_ie_s_._____________S___ 996,96~~~~

FORTY-NINTH ANNUAL REPORT

185

STATEMENT

Showing condition at the close of business December 31, 1968, of

THEPARKAVENUEBANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
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 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. . . . . . . . . . . . .

425,449.98 None None
None None 606,812.15
14,399.73 None None
382.93

Total Assets............$ 1,047,044.79

LIABILITIES
Demand deposits......$ Time and savings deposits....... Deposits of U.S. Government.... Deposits of States and political sub-
d i v i s i o n 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. 0 0 0 Other liabilities............ Capital notes and debentures...... Preferred stock.......... Common stock.............. Surplus............ Undivided profits........... Reserves................

482,992.17 284,932.51
2,032.44
None None 3,776.13 None
None 9,071.21
None None 150,000.00 30,000.00 84,240.33 None

Total Liabilities..........$ 1,047,044.79

186

DEPARTMENT OF BANKING

ABSTRACT OF REPORTS OF CONDITION OF STATE CHARTERED CREDIT UNIONS AS OF DECEMBER 31, 1968

December 31, 1968

Percent Percent

Amount of

of

December 31, Increase Increase Total

1967 (Decrease) (Decrease) Assets

ASSETS:

Cash . . . . . . . . . . . . . . . . . . . . $ 4,203,467

Loans . . . . . . . . . . . . . . . . . . . 94,217,856

U.S. Government Securities . . 1,061,473

Other Bonds, Stocks and

Investments . . . . . . . . . . 11,047,654

Depreciable Assets (Net) . . . . . 1,018.295

Other Assets . . . . . . . . . . . . . .

917,881

TOTAL ASSETS ........... $112,466,626

$ 5,005,821 $ (802,354)(16.03) 83,170,992 11,046,864 13.28 957,971 103,502 10.80
9,808,250 1,239,404 12.63 1,038,616 (20,321) (1.95)
930,504 (12,623) (1.35) $100,912,154 $11,554,472 11.45

3.74 83.77
.94
9.82 .91 .82
100.00

LIABILITIES:

Deposits, Including

Non-Members ........ $101,436,186 $ 88,172,884 $13,263,302 15.04

Notes and Accounts Payable . .

850,605*

3,741,368 (2,890,763)(77.26)

Other Liabilities . . . . . . . . . . . 1,188,317** 1,094,471

93,846 8.57

TOTAL LIABILITIES ....... $103,475,108 $ 93,008,723 $10,466,385 11.25

90.20 .75
1.05
92.00

RESERVES: (1) . . . . . . . . . . . 3,095,712.
TOTAL LIABILITIES AND RESERVES ..... $106,570,820

2,788,768 306,944 11.00 $ 95,797,491 $10,773,329 11.24

2.75 94.75

CAPITAL:

Shares . . . . . . . . . . . . . . . . . . .

951 ,990

Surplus and Undivided Profits (2)

Profits (2)

4,943,816

TOTAL LIABILITIES,

RESERVES,

AND CAPITAL ....... $112,466,626

700,525 4,414,138

251,465 35.89 529,678 11.99

$100,912,154 $11,554,472 11.45

.85 4.40
100.00

Number of Shareholders .... . Number of Depositors (3) ... . Number of Reporting
Credit Unions ....... . Number of Loans ......... .

148,627 138,311
149 94,050

135,691 128,511
153 78,092

12,936 9.53 9,800 7.62
(4) (2.61) 15,958 20.43

Includes Mortgages Payable $502,927.73 **Includes Interest Collected- Unearned $579,189.52

(1) Before Credits from 1968 Income (2) Includes 1968 Earnings (3) Includes Non-Members

FORTY-NINTH ANNUAL REPORT

187

STATE CHARTERED CREDIT UNIONS UNDER SUPERVISION OF DEPARTMENT OF BANKING
STATE OF GEORGIA

Total Assets as Reported
December 31, 1968

ALBANY Albany Federal Employees Credit Union, Post Office Box 93 .............. . Carlton Credit Union, Post Office Box 1087 ........................... .
Colonial Dairies Employees Credit Union, 809 Oglethorpe Ave.............. . Karagheusian Employees Credit Union, Gulistan Dr., P.0. Box 648 .......... . Keenan Credit Union, 112 North Front St. ............................ .

176,151.84 57,747.72 17,558.64 53,903.51 183,313.55

AMERICUS Sumter County Teachers Credit Union, c/o D. C. Burk, Sr., Route I ......... .

61,027.61

ATHENS Athens Division Credit Union, 1001 Prince Ave., P.O. Box 1312 ............ . C. C. E. A. Credit Union, 394 South Milledge Ave........................ . Dairy-Pak Athens Credit Union, 600 Linton Springs Road, Box 726 ......... .

273,582.81 67,780.73 65,059.44

ATLANTA A. D. Co. Employees Credit Union, 777 Mem01ial Dr., S.E................. . AMCO Credit Union, 221 Ivy St., N.E................................. . AMILSCO Credit Union, 451 Stephens St., S.W. . ....................... . ARM-AG-CHEM Credit Union, P.O. Box 1685,802 Title Bldg.............. . ARMCO Credit Union, 593 Glenn Iris Dr., N.E., Box 1046 ................ . Arrow Credit Union, 2022 Murphy Ave., S.W........................... . Associated Credit Union, 38 Auburn Ave., N.E.......................... . Atlanta City Employees Credit Union, 601 City Hall ..................... . Atlanta Cooperative Credit Assoc., 529 Merchandise Mart ................. . Atlanta Greyhound Terminal Employees C.U., 81 Cain St., N.W............. . Atlanta Postal Credit Union, M-102 Federal Annex ...................... . Atlanta Railway Postal Clerks Credit Union, 111-M Federal Annex .......... . Atlanta Teachers Credit Union, 462 Eighth St., N.E. . .................... . Atlanta Terminal Employees Credit Union, 71 Spring St., S.W.............. . Atlantic Steel Credit Union, 1300 Mecaslin St., N.W., Box 1714 ............ . Ben Franklin Credit Union, 1400 W. Peachtree St., N.W................... . Circle "W" Credit Union, 1299 Northside Dr., N.W....................... . Delta Employees Credit Union, Atlanta Airport ......................... . Dixie "66" Credit Union, 3 Executive Park Dr., N.E., Box 29666 ........... . DuPont Atlanta Employees Credit Union, 1737 Ellsworth Ind. Dr., N.W...... . Empl9yers Group Credit Union, 1438 W. Peachtree St., N.W............... . Employes Credit Union, Swift & Company, 244 Peters St., S.W............. . Employment Service Credit Union, I Peachtree St., N.E................... . Essell Credit Union, 1197 Peachtree St., N.E............................ .
Federal Employees Credit Union, 87 Walton St., N.W., Rm. 325, Box 1544 ... .
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 Bldg...................... . Georgia Federation of the Blind C.U., 244 Washington St., S.W............. . Georgia Health Department Credit Union, 516-A State Office Bldg.......... .
Georgia International Credit Union, 615 Peachtree St., N.E................ . Georgia League Credit Union, 2719 Buford Highway, N.E................. . Georgia Standard Oil Employees C.U., 1800 Fulton National Bank .......... . Georgia State Dept. of Education C.U., 249 State Office Bldg.............. .

107,409.43 202,398.76
8,769.30 337,282.43
75,021.29 481,836.62 1,262,916.00 I ,188,784.58 267,581.76
14,299.14 18,711,407.51
1,401,860.89 1,513,852.06
39,805.75 1,277,712.59
46,570.36 7,243.71
9,064,618.23 154,334.55 89,090.90 7,938.28 121,539.56 78,230.14 82,180.86
12,242,130.90 73,058.90 121,299.25 81,811.12 21,709.18
457,739.00
44,329.47 1,260,990.00
414,591.11 585,597.93

188

DEPARTMENT OF BANKING

ATLANTA (Con'td.)
Georgia State Highway Dept. Employees C.U., 271 Capitol Ave., S.W. . ...... . Georgia Telco Credit Union, 424 Hurt Building ......................... . Hospital Authority Employees C.U., 80 Butler St., S.E.................... . John Rogers Employe~s Credit Union, 1040 Huff Rd., N.W................ . Journal-Constitution Employees C.U., 10 Forsyth St., N.W................ . L & P Credit Union, 196 Marietta St., N.W............................. . Marion Mfg. Credit Union, 174 Chester Ave., S.E. . ...................... . Mead Packaging Employees Credit Union, 1040 W. Marietta St., N.W......... . Merchants Mutual Credit Corp., 70 Broad St., N.W., Box 1455 ............. . Montag Employees Credit Association, 245 N. Highland Ave., N.E. . ........ .
Mr. Friendly Credit Union, 1 Executive Park East ....................... . Mutual Savings Credit Union, 1219 Caroline St., N.E. . ................... . Orange Disc Credit Union, 1375 Peachtree St., N.E, Room 180 ............. . Pepsi Credit Union, 1480 Chattahoochee Ave., N.W...................... . Presbyterian Center Credit Union, 341 Ponce de Leon Ave., N.E. . .......... . R. E. A. Employees Credit Union, 99 University Ave., S.W................. . Regenstein Employees Credit Union, 209 Peachtree St., N.E. . ............. . Rich's Employees Credit Union, P. 0. Box 4539 ........................ . Ruralist Credit Union, 713 Glenn St., S.W.............................. . Russell Company Employees Credit Union, 117 Central Ave. . ............. . S.M.C.R.C. Credit Union, 1307 Peachtree St., N.E....................... . S.O.S. Credit Union, 214 State Capitol ................................ . SHO DO CO Savings Plan Credit Union, 1301 Chattahoochee Ave., N.W. . .... . Small Agencies Credit Union, Veterans Service Bldg. 1 Hunter St............ . Southern Freight Bureau Employees C.U., 101 Marietta St. Bldg............ . State Revenue Dept. Credit Union, 309 Trinity-Washington Bldg. . .......... . T.C. Employees Credit Union, c/o Tenn. Corp., 55 Marietta St.............. . Thompson, Boland & Lee Employees Credit Union, 201 Peachtree St. . ...... . The Thrift Credit Union, Third Floor, Terminal Sta. Bldg.................. . United Family Employees Credit Union, 494 Spring St., N.W............... . Victor Business Forms-Atlanta C.U., 720 Forrest Rd., N.E................ . White Columns Credit Union, 1601 West Peachtree St., N.E................ .

AUGUSTA Georgia Railroad Employees Credit Union, 615 Eighth St.................. King Mill Savings & Credit Association, Goodrich St. . .................... . Richmond County Health Dept. Employees C.U., 1001 Bailie Dr............ .

BOWMAN Wright Garment Employees Credit Union .............................. .

BRUNSWICK Glynn County Federal Employees C.U., Federal Bldg., Box 1315 ........... .

CHAMBLEE Lay Employees S & L Credit Union, 4950 Peachtree Industrial Blvd.......... .

COLUMBUS Columbus Coca Cola Employees C.U., 305 17th Street ................... . Columbus Health & Hospital Credit Union, 1958 Eighth Avenue ............ . Columbus Postal Credit Union, 926 Ralston Hotel, Box 495 ............... . Gas Light Employees Credit Union, 1421 Fourth Avenue ................. . Swift Credit Union, 1410 Sixth Avenue ....................... : ....... . WeeReBeL Employees Credit Union, 1350 Thirteenth Avenue ............. .

CORDELE Harris Employees Credit Union, 108 Ninth St., P.O. Box 998

CORNELIA STATCO Credit Union, 224 North Main Street ......................... .

1,322,793.76 19,221,035.17
331,289.16 30,899.65
1,481,796.74 25,166.49 23,046.22
451,960.77 1,675,931.00
250,782.95 41,720.61 1,436,684.80 1,154,883.31 11,790.80 73,993.33 89,499.06 15,861.96 3,441,146.28 432,329.97 21,604.41 65,687.04 93,603.60
5,732.60 509,413.24 118,827.17
63,875.11 81,578.85 69,260.15 1,196,071.66 90,985.48 16,208.73 58,488.15
91,550.80 738,549.76
67,918.49
25,190.58
70,583.39
502,971.33
16,702.97 255,401.49 623,566.03 124,953.94 205,857.13 66,917.25
95,963.89
32,689.5~-

FORTY-NINTH ANNUAL REPORT

189

DALTON Crown Tuft Employees S & L Credit Union, Box 129 .................... . N.G.E.M.C_. Credit_Union, 301 Selvidge Street, Box 1407 ................. . W.E. Strain Employees Credit Union, Highway 41, S. Box 111 ............. . TEXACOTE Credit Union, c/o Textile Rubber & Chemical Co. Rt. 1 ........ . Whitfield County Postal Employees Credit Union, P. 0. Building ............ .
DECATUR DRHD Credit Union, DeKalb County Health Dept. 440 Winn Way .......... . 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, Box 580 ........ . The WoodCo Credit Union, 114 New Street ............................ .
DORAVILLE F. D. & L. Employees Credit Union, 3101 McCall Dr., Box 1000 ............ . Gaylord Employees Credit Union, 4351 Pleasantdale Road ................ .
DRYBRANCH Georgia Kaolin Employees Credit Union .................. ........... .
DUBLIN Dublin Federal Employees Credit Union, V.A. Center .................... .
EASTPOINT Associated Grocers Credit Union, 1286 Milledge Street ................... . Colonial Stores Employees Credit Union, 2251 North Sylvan Road .......... . East Point Municipal Employees Credit Union, City Hall .................. . IPCO Employees Credit Union, 2323 North Sylvan Road ................. . Tri-City Postal Credit Union, 2905 East Point Street ..................... . W.A.S.E. Credit Union, 2675 Martin Street ............................ .
EASTMAN Stuckey's Employees' Association Credit Union, c/o Stuckey's
ELBERTON Stone Workers Credit Union, 14~ North Mcintosh Street ................. .
FOREST PARK Sexton Atlanta Employees Credit Union, ISO Thames Road ............... .
FORT MCPHERSON Fort McPherson Credit Union, Building T-213 .......................... .
GAINESVILLE CITISCO Credit Association Credit Union, 401 Main Street S.W............. .
HAPEVILLE Fulton Teachers Credit Union, 3420 Whipple Avenue .................... .
HAZLEHURST Patchogue-Plymouth Employees Credit Association, P.O. Box 625 .......... .
JACKSON CGEMC Employees Credit Union, 181 North Mulberry Street .............. .
JONESBORO C.C.B.E. Employees Credit Union, P.O. Box 492, 120 Smith St. ............ .

40,480.18 55,002.07 33,851.21 38,550.17 28,851.60
57,309.14 111,413.22 107,222.75 2,239,103.35
27,932.04
559,835.91 100,317.86
123,490.99
233,163.93
1,497,156.90 2,382,200.92
364,256.46 31,137.07 52,462.05 40,083.21
108,951.64
55,337.94
110,863.92
1,800,320.75
33,590.72
615,980.21
23,853.85
49,296.72
314,027.49

190

DEPARTMENT OF BANKING

MACON CGMT Employees Credit Union, 340 Hazel Street ....................... . City Employees Credit Union, City Hall, 718 Poplar Street ................ . D.D.D. Credit Union, c/o Borden Company,4700 Pio Nono Ave............ . Davison's of Macon Credit Union, 433 Cherry Street ..................... . Federal Employees Credit Union, 213 New Federal Bldg. Box 5313 ......... . Georgia Kraft Employees Credit Union, 4891 Mead Road ................. . Macon Firemen's Credit Union, 511 First Street, City Hall ................ . Macon Police Credit Union, Police Department, City Hall ................. . Macon\ Water Works Credit Union, 780 Third Street ..................... . The Proctor & Gamble Macon Emp. Credit Union, 1265 Sixth Street ........ .
MARIETTA C-MAR Credit Union, 36 Atlanta Street, City Hall ....................... .
MILLEDGEVILLE Baldwin County Hospital Employees C.U., 1954 North Cobb Street ......... . Central State Hospital Credit Union, Lawrence Building .................. .
MOULTRIE Employees Credit Union Swift & Company ............................ .
QUITMAN Brooks County Packing Co. Employees C.U., North Highland Street ......... .
ROME Floyd County Postal Employees Credit Union, Post Office Bldg............. . Rome Kraft Employees Credit Union, Post Office Box 1551 ............... .
SAVANNAH G. P. A. Credit Union, Post Office Box 2406 ........................... . Health Employees Chatham County Credit Union, P.O. Box 6648 ........... . Merchants Credit Union, 903 Realty Building, P.O. Box 1717 .............. . Savannah Electric & Power Employees C.U., 600 Bay Street E.............. . Savannah Federal Credit Union, 28 Abercom Street, Box 1382 ............. . Savannah J-Mers Credit Union, I Foundation Drive, Box 1003 ............. . Savannah Postal Credit Union, Post Office Building ...................... . Savannah Transit Credit Union, 900 E. Gwinnett Street, Box 9118 .......... . Seaboard Employees C.U. of Savannah, Inc., 601 E. Liberty St. . . . . . . . . . . . . . Workmen's Circle Credit Union, 416 West Congress Street ................. .
TALLAPOOSA Dixisteel Credit Union, Post Office Box 247 ........................... .
TOCCOA TMPICO Employees Credit Union, E. Currahee Street .................... . Wright Manufacturing Employees Credit Union, 626 W. Currahee St......... .
VALDOSTA Valdosta Onized Credit Union, Post Office Box 950 ..................... .

11,230.00 130,286.55
6,307.12 21,335.58 273,617.24 671,892.57 164,118.15 236,150.28 73,057.80 217,524.50
85,811.92
49,970.37 1,973,153.17
200,058.33
6,855.59
195,749.20 948,278.15
162,625.87 128,624.04 37,800.67 478,050.41 395,840.82 38,587.79 288,980.67 88,104.33 370,679.51 315,021.93
91,607.36
3,716.91 94,163.09
846,531.97

FORTY-NINTH ANNUAL REPORT

191

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 ......................................... .

985

65 Broadway

NewYork,N.Y.10006

Nation-Wide Check Corporation ...................................... .

349

100 West 22nd Street

Baltimore, Maryland 21218

Republic Money Orders, Inc. . ....................................... .

96

Republic National Bank Building

Dallas, Texas 75201

Thos. Cook & Son (Bankers) Ltd...................................... .

4

587 Fifth Avenue

NewYork,N.Y.10017

Travelers Express Company, Inc. . .................................... .

213

Northwestern Bank Building

Minneapolis, Minn. 55402

Western Union Telegraph Company ................................... .

122

60 Hudson Street

New York, New York 10013