Fiftieth annual report [1969]

Fiftieth Annual Report
S U PERINTENDENT of BANKS
of GEORGIA

1969

W.M. JACKSON Superintendent of Banks

Fiftieth Annual Report
SUPERINTENDENT of BANKS
of GEORGIA

1969

W.M. JACKSON Superintendent of Banks

State of &eorgia
Department of Banking
Created by Act Approved August 16, 1919
* Fiftieth Annual Report
Year Ending December 31, 1969
*
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 of Banks

Drpartmrnt of Jllanking

iii

6tatr of 49rorgia

tlanta 30334

The Honorable Lester Maddox Governor of Georgia State Capitol Atlanta, Georgia 30334

December 31, 1969

Dear Governor Maddox:

Pursuant to the provisions of Chapter 13-3 of the Banking Laws of Georgia, I have the honor of presenting herewith the
Fiftieth Annual Report of the Superintendent of Banks for the year ending December 31, 1969.

The fmancial and statistical Information contained in this report has been compiled from the annual reports of condition submitted by the 350 State Chartered Banks, 22 Regulated Certificated Banks, 148 Credit Unions and 7 licensed Money Order Companies operating in this State, and other statistical information made available through examinations and investigations of banks and other fmancial institutions under the supeiVision of the Department of Banking.

The year-end reports reflect substantial growth for State chartered banks in Georgia. Total assets of the 372 State banks amounted to $3,787,957,153, reflecting an increase of $440,778,821, representing 13.1%. Total cash and due from banks increased $33,572,590. Investments in securities of $958,712,290 represented 25.3% of total assets. Federal funds sold totaled $163,440,000.

Loans and discounts after valuation reseiVes amounted to $2,001,620,355, and represented 52.8% of total assets. Deposit totals of $3,231,156,231 reached an all-time high level. Capital accounts of $322,356,621 represents an increase of $43,572,427 for the period.

The year-end ratio of capital funds to total assets was 8.5% while the ratio of common capital to total assets was 2.3%. Total capital funds to total deposits increased to 9.9%, while total capital funds to total risk assets (total assets less cash and U.S. Government obligations) showed a decrease from 11.9% to 11.3%.

The report further reveals that 9 applications for State bank charters and 14 applications for the establishment of bank offices were approved; 3 applications for the conversion of National banks into State chartered banks and 2 applications for merger of State banks were approved. Two regulated certificated banks converted to State chartered banks and I regulated certificated bank converted to a National bank.

The purpose of this report is to provide factual and statistical information that might prove useful to the banking industry, and may be used by other fmancial institutions who might be engaged in economic studies and to those who might otherwise be interested.

RespectfuUy,

W. M. Jackson Superintendent of Banks

iv

DEPARTMENT OF BANKING

TABLE OF CONTENTS
Letter of Transmittal ............................................ iii Official Roster . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Receipts and Disbursements ...............................................vi Summary of Activities Relating to Charters ............................... vii Pennits to Begin Business ...................................... xiii Branch Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiv Bank Offices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvii-xxi Bank Facilities .......................................... xxii-xxiii Additions and Deletions of Banks During Year ................................ xxiv-xxv State Bank Members of Federal Reserve System .................................. xxvi Legal Holidays . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xxvii Superintendents of Banks- Past and Present ................... xxvii Classification of Banks by Capitalization ........................... xxviii-xxix Abstract of Reports of Condition .......................... xxx-xxxi Individual Statements of Banks 1-175 Summary of Activities Relating to Charters of Regulated Certificated Banks .................. 176 Abstract of Reports of Condition - Regulated CertifiCated Banks 177 Individual Statements of Regulated Certificated Banks .178-188 Credit Unions:
Abstract of Reports of Condition ............................ 189 listing ................................... 190-195 Money Order Firms Ucensed Under the Georgia Sale of Checks Act. ........................................ 196

FIFTIETH ANNUAL REPORT

v

OFFICIAL ROSTER
December 31 , 1969
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 ........................................................... 14,604.00 Ashburn T. West, Examiner IV ............................................................... 14,604.00

BANK EXAMINERS III

Aycock, M.T., Decatur, Georgia .............................................................. 12,012.00 Brooks, B.T., Stone Mountain, Georgia ......................................................... 12,012.00 Butler, Joe W., Camilla, Georgia .............................................................. 10,380.00 Couch, Luke L., Jr., Duluth, Georgia........................................................... 8,136.00 Miller, Hubert C., Dudley, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,976.00 Mimbs, Norman E., McRae, Georgia ........................................................... 10,380.00 Moler, Robert M., Norcross, Georgia ........................................................... 10,896.00 Morris, Reece V., Doraville, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I 0,380.00 Sams, M.O., Atlanta, Georgia ................................................................. 12,012.00 Shannon, William E., Jr., Albany, Georgia ....................................................... 12,012.00 Smith, Edgar B., III, Tucker, Georgia .......................... _ ............................. 10,380.00
BANK EXAMINERS 11
Burge, Charles W., Lithonia, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,544.00 Gower,James G., Decatur, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,136.00 Griswold, James H., Albany, Geoorgia........ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,976.00 Mathis, Larry G., Sandersville, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,544.00
BANK EXAMINERS I

Johnston, David R., Albany, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,368.00 Keeble, Floyd W., Jr., Atlanta, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,368.00 Lewis, David G., Atlanta, Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,368.00

OFFICE ASSISTANTS
Ethridge, L. Jean, Clerk III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,6%.00 Forsythe, Mary L, Typist II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,244.00 Ghorley, Mary L, Stenographer III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,072.00 Hyder, N. Dianne, Typist II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,244.00 Lee, Dorothy L., Accounting Clerk II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,696.00 Moore, Barbara U., Stenographer III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,784.00 Tucker, Ruby S., Stenographer IV............................................................. 7,032.00 Rogers, Thomas D., Clerk II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,992.00

CREDIT UNION DIVISION

Martin, E.G., Supervisor ................................................................. 12,012.00 Coffm, Zimri L., Examiner . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,380.00 Gunn, Robert H., Examiner................................................ . . . . . . . . . . . . . . . . . . 9,888.00 Thompson, Jennings J., IV Examiner, .......................................................... 7,752.00

vi

DEPARTMENT OF BANKING

DEPAR1MENT OF BANKING, STATE OF GEORGIA

RECEIPTS AND DISBURSEMENTS 1969

RECEIPTS

Balance January I, 1969 o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o oS 23,199ol6

Received from Appropriation o o o o o o o o o o o o o o o o o 0 0 0 o o o o 0 o o 0 0 o 0 o o o o 446,982002

Miscellaneous Income o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

635ol0

S470,816o28

DISBURSEMENTS

Superintendent's Salary o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o oS 22,668000

Assistant Superintendent's Salary 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

16,104000

Examiners' Salaries 0 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 0 244,021.91

Office Assistants' Salaries o o o o o 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 47,492o39

Per Diem and Fees 0 0 o o 0 o o o o o 0 0 o 0 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

I ,025o45

Travel Expenses o 0 o o o o o o o o o o o o o o o 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 61,655093

Supplies and Material o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

6,872o53

Communication o o o o o o o o o o o o o o o 0 o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

2,260o38

Printing and Publicity o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

14,076099

Repairs and Alterations o o o o o o o o o o o 0 o o o 0 0 0 0 0 0 0 0 o o o o 0 0 o o o o o o 0 o 0 o o

I ,898o34

Rents (Equipment) o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

2,024ol2

Insurance and Bonding 0 0 0 0 0 0 o 0 o 0 0 o o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 o 0 0 0 0 0 0 0

175 oOO

Pensions o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

41,671.47

Equipment o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

8,357o34

Miscellaneous 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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

452o50

$470,75635

Balance December 31, 1969 o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o oS

59o93

FIFTIETH ANNUAL REPORT

vii

CHARTERS APPROVED

NAME OF BANK

LOCATION

APPROVED

Citizens Bank of Clarkston ................... . Clarkston ..................................... . 4- 9-69

The Citizens and Southern Bank of

Chatham County ......................... . Savannah ..................................... . 4-11-69

First Bank of South DeKalb .................. . Decatur

6- 2-69

The Citizens and Southern South

DeKalb Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Decatur ...................................... . 6 2-69

DeKalb County Bank . . . . . . . . . . . . . . . . . . . . . . . . Atlanta ....................................... . 7- 2-69

The Citizens and Southern Bank of

Dalton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dalton ....................................... . 8-14-69

DeKalb Exchange Bank . . . . . . . . . . . . . . . . . . . . . . Atlanta ....................................... . 9-29-69

First Bank of Conyers . . . . . . . . . . . . . . . . . . . . . . . Conyers ...................................... . 11-14-69

The First Bank of Clayton County . . . . . . . . . . . . . . Morrow ...................................... . 11-14-69

CONVERSIONS FROM NATIONAL TO STATE BANKS APPROVED

NAME OF BANK

LOCATION

APPROVED

The Citizens and Southern Bank of Jackson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jackson.................. . . . . . . . . . . . . . . . . . . . . . .
The Citizens and Southern Bank of Sandy Springs . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sandy Springs........................ . . . . . . . . . . . (P.O. Atlanta)
The Citizens and Southem Bank of Chamblee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chamblee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 7-69 8-15-69
9-2669

CONVERSIONS FROM REGULATED CERTIFICATED TO STATE BANKS APPROVED

NAME"OF BANK

LOCATION

APPROVED

The Bank of Augusta . . . . . . . . . . . . . . . . . . . . . . . . Augusta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7- 7-69 Peoples State Bank . . . . . . . . . . . . . . Jeffersonville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 2-69

RENEWAL OF CHARTERS APPROVED

NAME OF BANK

LOCATION

APPROVED

Bank of Tignall . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tignall ....................................... . Haralson County Bank . . . . . . . . . . . . . . . . . . . . . . . Buchanan ..................................... . Farmers and Merchants Bank . . . . . . . . . . . . . . . . . . Pine Mountain ................................. . The Bank of Perry . . . . . . . . . . . . . . . . . . . . . . . . . . Perry......................................... . Bank of Columbia County .................... Harlem ....................................... . Bank of Gray . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Gray ......................................... . Georgia State Savings Bank of Savannah.......... Savannah...................................... . Alma Exchange Bank........................ Alma ......................................... .

1-21-69 2 6-69 2-10-69 6- 2-69 6-17-69 6-26-69 7- 2-69 8-11-69

viii.

DEPARTMENT OF BANKING

RENEWAL OF CHARTERS APPROVED

NAME OF BANK

LOCATION

APPROVED

The Exchange Bank of Wrightsville ............. Wri8)ltsville .................................... 9. 4-69 The Peoples Bank . . . . . . . . . . . Carrollton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9-29-69 Bank of Manchester . . . . . . . . . . . . . . . . . . . . . . . . Manchester . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12- 1-69 The Farmers Bank . . . . . . . . . . . . . Locust Grove . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12- 2-69

PERMITS TO ENTER VOWNTARY UQillDATION

NAME OF BANK

LOCATION

Albany Savin~ Bank .......... Albany The Citizens and Southern North
DeKalb Bank .......... Atlanta

APPliCATIONS TO SURRENDER CHARTER APPROVED

GRANTED 1-13-69 2-28-69

NAME OF BANK

LOCATION

APPROVED

Albany Savin~ Bank .......... Albany ........................................ 2-10-69 The Citizens and Southern North
DeKalb Bank . . . . . . . Atlanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-13-69

DISAPPROVAL OF CHARTERS

NAME OF BANK

LOCATION

DISAPPROVED

Bank of Snellville ....................... ; . . . Snellville ........................................ 4-22-69 The Citizens and Southern
Presidential Park Bank . . . . . . . . Chamblee ....................................... S-20-69 The Citizens and Southern
Bank of College Park . . . . . . . . . . . . . . . . . . . . . . College Park ..................................... 6- 2-69

FIFTIETH ANNUAL REPORT

ix

APPUCATIONS TO INCREASE OUTSTANDING CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

APPROVED AMOUNT OF INCREASE

Bank of Dahlonega ..................... . Dahlonega .............. 1- 7-69 Georgia Railroad Bank & Trust Company .... . Augusta.. .. .. .. .. . .. .. . 1- 9-69 Fort Oglethorpe State Bank .............. . Fort Oglethorpe . . . . . . . . . 1-10-69 Bank of Taylorsville .................... . Taylorsville ............. 1-16-69 The Fanners Bank of Tifton .............. . Tifton ................. 1-21-69 Bank of Lenox ........................ . Lenox ................. 1-21-69 The Bank of LaFayette ................. . LaFayette .............. 1-21-69 Bank of Loganville ..................... . Loganville . . . . . . . . . . . . . . 1-23-69 Social Circle Bank ...................... . Social Circle . .. .. .. . .. . . 123-69 LaGrange Banking t.;ompany ............. . LaGrange .............. 124-69 Peachtree Bank and Trust Company ........ . Chamblee .............. 124-69 Moultrie Banking Company .............. . Moultrie ............... 1-27-69 The First State Bank of Ocilla ............. . Ocilla ................. 1-27-69 Alma Exchange Bank ................... . Alma ................. 1-28-69 Bank of Newington ................. . Newington ............. 128-69 Granite City Bank ................. . EJbertOR ............... 129-60 The Bank of Tifton .................. .. Tifton ................. 1-29-69 Hardwick Bank & Trust Company ......... . Dalton . . . . . . . . . . . . . . . . . 2- 3-69 Bank of Lumber City ................... . Lumber City ............ 2 6-69 The Citizens Bank of Swainsboro ......... . Swainsboro ............. 2 6-69 Empire Banking Company ............... . Homervme.............. 213-69
The Citizens Bank of Ashburn ............ . Ashburn ............... 2-14-69 Bank of Hancock County ................ . Sparta ................. 2-20-69 The Cartersville Bank ................... . Cartersville ............. 2-21-69 The Bank of Ellijay .................... . Ellijay . . . . . . . . . . . . . . . . . 2-24-69 Fanners and Merchants Bank ............. . Washington ............. 224-69 The First State Bank .................. .. Stockbridge ............ 2-24-69 The Rockmart Bank .................... . Rockmart .............. 225-69 Sylvester Banking Company .............. . Sylvester ............... 3- 5-69 Bank of Adairsville ................... .. Adairsville .............. 3- 6-69 Mcintosh State Bank ................... . Jackson ................ 3- 6-69 Wheeler County State Bank .............. . Alamo . . . . . . . . . . . . . . . . . 3-24-69 Cohutta Banking Company .............. . Chatsworth ............. 4- 2-69 The First State Bank of Fitzgerald ......... . Fitzgerald .............. 4-22-69 Oconee State Bank .................... . Watkinsville ............. 4-30-69 Tennille Banking Company .............. Tennille ................ 5-26-69 The Citizens and Southern Springfield Bank .. Springfteld .............. 5-28-69 Broxton State Bank ................... .. Broxton ................ 6- 9-69 Bank of Millen ........................ . Millen ................. 6-13-69 Bank of Columbia County .............. Harlem ................ 6-17-69 Bank of Greensboro .................... . Greensboro ............. 7-14-69
Citizens Trust Company ................ . Atlanta ................ 7-24-69 Bank of Eastman .................... Eastman ............... 8 5-69 First State Bank & Trust Company ........ Albany ................. 8-26-69
Commercial & Exchange Bank ........... . Bremen .. .. . .. .. .. . .. .. 9- 4-69 Bank of Oglethorpe ................... .. Oglethorpe ............. 9-15-69
Bank of Jonesboro .................... Jonesboro .............. 9-17-69
State Bank of Cochran .................. . Cochran . . . . . . . . . . . . . . . 9-23-69

$ IOO,OOO to 4,000,000 to
150,000 to 25,000 to 200,000 to 100,000 to 250,000to 25,000 to 50,000to 100,000 to 210,000 to 300,000 to 100,000 to 125,000 to 15,000 to 240,000 to 400,000 to 400,000to 25,000 to 150,000to 100,000 to 200,000 to lOO,OOOto 100,000 to lOO,OOOto 125,000 to 100,000 to 150,000 to 200,000 to 50,000 to 150,000 to 25,000 to 200,000to lOO,OOOto 75,000 to lOO,OOOto 100,000 to 50,000 to 100,000 to 50,000to lOO,OOOto 862,500 to 200,000 to 1,000,000 to 200,000 to 60,000 to 300,000 to
100,000 to

$ 250,000 5,000,000
225,000 50,000 300,000 150,000 300,000 50,000 100,000 200,000 300,000 600,000 200,000 250,000 25,000 480,000 500,000 500,000 50,000 200,000 150,000 250,000 200,000 300,000 200,000 150,000 240,000 250,000 300,000 100,000 250,000 75,000 325,000 200,000 300,000 200,000 200,000 75,000 200,000 100,000 150,000 879,750 250,000 1,050,000 300,000 120,000 400,000
150,000

X

DEPARTMENT OF BANKING

APPUCATIONS TO INCREASE OUTSTANDING CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

APPROVED AMOUNT OF INCREASE

The Peoples Bank . . . . . . . . . . . CarroUton ........... . 9-29-69 The Citizens Bank of Douglasville . . . . . . . . . . . Douglasville .......... . 9-30-69 Fonyth County Bank . . . . . . . . . . Cumming ........... . I0-8-69 Bank of CoUege Park . . . . . . . . . . . . . . . . . . . . CoUege Park ......... . 10.8-69 The Farmers Bank . . . . . . . . . Douglas ............. . IO.IS69 Bank of Gray . . . . . . . . . . . . . . . . . . . . . . . . . . . Gray ............... . 10.22-69 Georgia Bank & Trust Company ...... . . . . Macon .............. . 1().2269
The Citizens and Southern Bank of Hart County HartweU ............ . 10.27-69 Citizens and Southern Bank of Rockdale ... . Conyers ............ . I0-29-69 The Citizens and Southern Bank of Milledgeville Milledgeville ......... . 10.30-69
Buena V"JSta Loan and Savings Bank Buena Vista . . . . . . . . . 1().30-69 The Citizens Bank . Fort VaUey .......... . 1113-69 Farmers and Me!Chants Bank of Manchester Manchester .......... . 11-14-69 Bank of Forest Park . . . Forest Park .......... . 12-3-69 Union County Bank ... . . . . . . . . . . Wairsville ........... . 12-S-69 Citizens and Southern Bank of Dublin . . . . . . . . Dublin .............. . 12-8-69 Georgia Bank & Tru~t Company . . . . . . . . . . . . Macon .............. . 12-19-69 The Greenville Banking Company . . . . . . . . . . . Greenville ........... . 1222-69

1SO,OOO to 187,SOO to 100,000to 200,000to 400,000 to SO,OOO to 1,12S,OOO to 200,000to 200,000to 200,000 to SO,()()() to 130,000to SO,OOO to 478,000to 100,000to 300,000to 1,2SO,OOO to SO,OOO to

300,000 281,400 ISO,OOO 340,000
soo,ooo
100,000 1,2SO,OOO
400,000
soo,ooo
400,000 200,000 140,000 100,000
sso,ooo
200,000 600,000 I,S62,SOO 100,000

FIFTIETH ANNUAL REPORT

xi

APPliCATIONS TO AUTHORIZE ADDITIONAL UNISSUED SHARES APPROVED

NAME OF BANK

LOCATION

APPROVED NUMBER OF SHARES

Georgia Railroad Bank and Trust Company Savannah Bank and Trust Company of
Savannah The Cartersville Bank Citizens Trust Company Bank of Eastman The Citizens and Southern Bank of Sandy
Springs Bank of Jonesboro The Citizens and Southern Bank of Chamblee Forsyth County Bank The Citizens and Southern Bank of Rockdale

Augusta
Savannah Cartersville Atlanta Eastman Sandy Springs (P.O. Atlanta) Jonesboro Chamblee Cumming Conyers

1- 9-69
1-24-69 2-21-69 7-24-69 8- 5-69
8-15-69 9-17-69 9-26-69
to- 8-69
IQ-29-69

50,000
20,000 5,000 12,025 2,500
5,000 20,000
7,500 5,000 50,000

APPliCATIONS TO ISSUE CAPITAL NOTES AND DEBENTURES APPROVED

NAME OF BANK

LOCATION

APPROVED

AMOUNT

The Cartersville Bank Washington Loan & Banking Company The Citizens and Southern Bank
of Sandy Springs The Citizens and Southern Bank of Chamblee Citizens and Southern Bank of Dublin Dawson County Bank

Cartersville Washington Sandy Springs (P.O. Atlanta) Chamblee Dublin Dawsonville

2-21-69 6-23-69 8-15-69
9-26-69 IQ-23-69 12-29-69

$150,000 capital notes 200,000 capital notes
( I00,000 capital notes ( 125,000 capital debentures
300,000 capital debentures 600,000 capital notes I00,000 capital notes

APPliCATIONS TO REDUCE PAR VALUE OF CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION

PAR VALUE REDUCED

OF STOCK

TO

APPROVED

Bank of Dahlonega Georgia Railroad Bank and Trust Company Fort Oglethorpe State Bank Bank of Taylorsville LaGrange Banking Company Savannah Bank and Trust Company of Savannah Peachtree Bank and Trust Company Bank of Newington The Cartersville Bank The Bank of Ellijay Farmers and Merchants Bank The First State Bank Cohutta Banking Company The Citizens and Southern Springfield Bank Bank of Greensboro The Glennville Bank Georgia Bank and Trust Company The Citizens and Southern Bank of Hart County The Citizens and Southern Bank of Milledgeville

Dahlonega Augusta Fort Oglethorpe Taylorsville LaGrange Savannah Chamblee Newington Cartersville Ellijay Washington Stockbridge Chatsworth Springfield Greensboro Glennville Macon Hartwell Milledgeville

$100.00 100.00 10.00 100.00 100.00 10.00 10.00 100.00 20.00 100.00 10.00 10.00 100.00 100.00 100.00 100.00 12.50 50.00 20.00

$10.00 5.00 5.00 10.00 5.00 5.00 5.00 10.00 10.00 10.00 5.00 5.00 10.00 10.00
10.00 10.00 6.25 10.00 5.00

1- 7-69 1- 9-69 1-IQ-69
1-16-69 1-24-69 1-24-69 1-24-69 1-28-69 2-21-69 2-24-69 2-24-69 2-24-69 4- 2-69 5-28-69 7-14-69 8-19-69 IQ-22-69 IQ-27-69 IQ-30.69

xii

DEPARTMENT OF BANKING

MISCELLANEOUS APPUCATIONS TO AMEND CHARTERS APPROVED

NAME OF BANK

LOCATION

NATURE OF AMENDMENT APPROVED

The Exchange Bank of Springfield . . . . . . . . . . . Springfield ........ To change name to THE CITIZENS AND SOUTHERN SPRINGFIELD BANK
The Citizens Bank of Clayton County ......... Forest Park ........ To change name to THE CITIZENS AND SOUTHERN BANK OF CLAYTON COUNTY
Bank of Thomas County ................ Thomasville ........ To change name to THE CITIZENS AND SOUTHERN BANK OF THOMAS COUNTY
Atlantic Savings and Trust Company. . . . . . . . . . Savannah . . . . . . . . . . To change name to ATLANTIC BANK AND TRUST COMPANY
The Citizens State Bank of Augusta . . . . . . . . . . . Augusta . . . . . . . . . . To change name to THE CITIZENS AND SOUTHERN BANK OF RICHMOND COUNTY
The Citizens Bank and Trust Company . . . . . . . . . Bainbridge . . . . . . . To acquire Trust Powers Austell Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . Austell . . . . . . . . . . To change name to
THE CITIZENS AND SOUTHERN BANK OF COBB COUNTY Moultrie Banking Company . . . . . . . . . . . . . Moultrie ........... To change name to THE CITIZENS AND SOUTHERN BANK OF COLQUITT COUNTY Georgia State Savings Bank of Savannah . . . . . . . . Savannah . . . . . . . . . To change name to FIRST BANK OF SAYANNAH Bank of Finleyson . . . . . . . . . . . . . . . . . Finleyson . . . . . . . . . . To change name to PINEVIEW STATE BANK and To change location to PINEVIEW, GEORGIA Trust Company of Georgia ................. Atlanta ......... To effectuate a merger of Atlanta Bank & Trust Company Citizens Banking Company of Hartwell, Ga ..... Hartwell .......... To change name to THE CITIZENS AND SOUTHERN BANK OF HART COUNTY Bank of Rockdale .................... Conyers .......... To change name to THE CITIZENS AND SOUTHERN BANK OF ROCKDALE and To acquire Trust Powers Milledgeville Banking Company . . . . . . . . . . . . Milledgeville . . . . . . . To change name to THE CITIZENS AND SOUTHERN BANK OF MILLEDGEVILLE

2- 6-69 3-2469 4- 3-69 4- 3-69 4- 8-69 4-21-69 S- S-69 I 0-6-69 I 0.8-69 I 0.1 S-69
!0.21-69 10.27-69 10.29-69
I 0.30-69

FIFTIETH ANNUAL REPORT

PERMITS TO BEGIN BUSINESS NEW BANKS

NAME OF BANK

LOCATION

ISSUED

Citizens Bank of Calhoun .............. Calhoun ................. . . 12-23-68 The Northeast Commercial Bank ........ Doraville . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-2569 Citizens Bank of Riverdale . . . . . . . . . . . . . Riverdale . . . . . . . . . . . . . . . . . . . . . . . . . . 6 4-69 Powder Springs Bank ................. Powder Springs . . . . . . . . . . . . . . . . . . . . . . . 7-24-69 The Citizens and Southern
South DeKalb Bank ................ Decatur . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9-1569 The Citizens and Southern
Bank of Chatham County ............ Savannah . . . . . . . . . . . . . . . . . . . . . . . . . . . 9-16-69 First Bank of South DeKalb . . . . . . . . . . . . Decatur . . . . . . . . . . . . . . . . . . . . . . . . . . . . I0.31-69

PERMITS TO BEGIN BUSINESS CONVERTED BANKS

NAME OF BANK

LOCATION

ISSUED

The Citizens and Southern Bank of Jackson .................... Jackson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-21-69
The Citizens and Southern Bank of Sandy Springs ............... Sandy Springs (P.O. Atlanta) . . . . . . . . . . . . . . . . . . . . . . . . 9-29-69
The Citizens and Southern Bank of Chamblee .................. Chamblee ........................... 102969

xiii
TO BEGIN BUSINESS
I 2-69 5 5-69 6 9-69 8 1-69 9-18-69 9-22-69 II 3-69
TO BEGIN BUSINESS
5 1-69
)(). 1-69 II 1-69

xiv

DEPARTMENT OF BANKING

BRANCH BANKS AS OF DECEMBER 31, 1969

NAME OF BRANCH

NAME OF PARENT

LOCATION

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. . .........Trust Company of Georgia ............Atlanta

Trust Company of Georgia,

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Gwinnett Street Branch,

Georgia Railroad Bank &

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

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

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

Columbus Bank & Trust Co.,

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

Columbus Bank & Trust Co.,

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

Columbus Bank & Trust Co.,

IOth 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 BuD St. . ....................Savannah Bank & Trust Co. . ..........Savannah

BEGAN BUSINESS
8- 1-55 7-15-59 6-20-58 10-24-58 10-11-49 5- I-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

FIFTIETH ANNUAL REPORT

BRANCH BANKS AS OF DECEMBER 31, 1969

NAME OF BRANCH

NAME OF PARENT

LOCATION

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

XV
BEGAN BUSINESS
7-15-50 11- 9-53 217-60

xvi

DEPARTMENT OF BANKING

BANKOFFICESASOFDECEMBER31, 1969

NAME OF OFFICE

NAME OF PARENT

LOCATION

The Citizens & Southern Bank

of Albany

The Citizens & Southern Bank

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

Fust State Balik & 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

The Peoples American Bank

of Atlanta

Ansley Mall Office

The Peoples American Bank

I 540 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

Ben Hill Office

Campbellton Rd., S.W...............Trust Company of Georgia ............Atlanta

Trust Company of Georgia

Chattahoochee Office

1221 Chattahoochee Ave., N.W. . .....Trust Company of Georgia ............Atlanta

Trust Company of Georgia

Fulton Industrial Office

711 Fulton Industrial Blvd...........Trust Company of Georgia ............Atlanta

Trust Company of Georgia

Greenbriar Office

3170 Greenbriar Pkwy., S.W..........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

Lakewood Avenue Office

1700 Lakewood Avenue ............Trust Company of Georgia ............Atlanta

Trust Company of Georgia

Northeast Freeway Office

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

BEGAN BUSINESS
7-11-60 4- 1-61 5-22-61 2-13-67
10-3~7
10- 2-68
10- 2-68
II 1-66 10-24-69 6-10-64 6-29-67 12- 4-69
1-2~5
10-24-69 2-26-62

FIFTIETH ANNUAL REPORT

xvii

BANK OFFICES AS OF DECEMBER 31, I969

NAME OF OFFICE

NAME OF PARENT

LOCATION

Trust Company of Georgia

Northside Parkway Office

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

-Trust Company of Georgia

Peachtree Center Office

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

Trust Company of Georgia

Phipps Plaza Office

3500 Peachtree Rd., N.E.............Trust Company of Georgia ............Atlanta

Trust Company of Georgia

Roswell Road Office

3724 Roswell Rd., N.E. . ...........Trust Company of Georgia ............Atlanta

Trust Company of Georgia

Bank of DeKalb

Brookhaven Office

Trust Company of Georgia

4021 Peachtree Rd., N.E............. Bank ofDeKalb ...................Atlanta

Trust Company of Georgia

Bank of DeKalb

Clairmont-Emory Office

Trust Company of Georgia

Clairmont Rd. & Williamsburg Dr. . . . . . Bank of DeKalb ...................Atlanta

Richmond County Bank

Cherokee Office

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

The Citizens and Southern Bank

of Cobb County

Bankhead Office

The Citizens and Sou them Bank

1935 Bankhead Hwy., S.W. . . . . . . . . . . of Cobb County ...................Austell

The Citizens and Southern

DeKalb Bank

Belvedere Office

The Citizens and Southern

3556 Memorial Drive . . . . . . . . . . . . . . . DeKalb Bank .....................Avondale Estates

Commercial & Exchange Bank

Parkway Circle Office

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

The Peoples Bank

South & Maple St. Office ............The Peoples Bank ...................Carrollton

The Citizens and Southern Bank

of Chamblee

Buford Hwy-Northwood Bank Office The Citizens and Southern Bank

5100 Buford Highway .............. of Chamblee .....................Chamblee

Peachtree Bank and Trust Co.

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

Bank of College Park

Clayton County Office

2093 Roosevelt Hwy................Bank of College Park ................College Park

Columbus Bank & Trust Co.

Buena Vista Rd. Office

Buena Vista Rd. & Tennessee Dr......Columbus Bank & Trust Co............Columbus

BEGAN BUSINESS
6-27-68 515-69 9-25-69 10-24-69
3-15-66
II 7-69 12 2-63
I 2-64
11-17-69 526-66 5-10-65
II 1-69 2-11-63 10-15-69 10-29-65

xviii

DEPARTMENT OF BANKING

BANK OFFICES AS OF DECEMBER 31, 1969

NAME OF OFFICE

NAME OF PARENT

LOCATION

Columbus Bank & Trust Co.

Macon Road Office

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

Comella Bank

North Main Drive-in Office

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

Hardwick Bank & Trust Co.

Cleveland Road OffiCe Cleveland Highway .................Hardwick Bank & Trust Co. . ..........Dalton

The Citizens and Southern

Emory Bank

Clairmont Road Office

1237 Clairmont Rd.

The Citizens and Southern

DeKalb County

P.O. Decatur . . . . . . . . . . . . . . . . . . . . Emory Bank .....................(PO Atlanta)

The Citizens and Southern

Emory Bank

North DeKalb Office

2052 Lawrenceville Hyw.

The Citizens and Southern

DeKalb County

P.O. Decatur . . . . . . . . . . . . . . . . Emory Bank .....................(PO Atlanta)

Farmers and Merchants Bank

Bellevue Office

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

Bank of Fulton County

Headland Office

Headland Dr. & Ben Hill Rd........Bank of Fulton County ..............East Point

The Citizens and Southern

Bank of East Point

Cleveland Avenue Office

The Citizens and Southern

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

Bank of Forest Park

Morrow Road OffiCe

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

The Citizens and Southern

Bank of Clayton County

Jonesboro Road OffiCe

The Citizens and Southern

4613 Jonesboro Road . . . . . . . . . . . . Bank of Clayton County ............Forest Park

The Citizens Bank

Lanierland OffiCe ...............The Citizens Bank ...................Gainesville

Commercial Bank & Trust Co.

Mcintosh Road Office

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

Citizens Bank of Hapeville

International Park

Airport OffiCe ....................Citizens Bank of Hapeville ............Hapeville

LaGrange Banking Company

South Greenwood SL Office

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

The Brand Banking Company

Brand Bank Drive-in

492 E. Crogan Street .........The Brand Banking Company ..........Lawrenceville

BEGAN BUSINESS
3-22-65 1-18-65 6-11-68
12-14-64
12-12-68 1 9-64 2-15-69
9-29-69 9- 8-65
12 6-69 218-63 2 2-66 7-24-63 12-15-65 8-22-64

FIFTIETH ANNUAL REPORT

BANK OFFICES AS OF DECEMBER 31, 1969

NAME OF OFFICE

NAME OF PARENT

LOCATION

Georgia Bank & Trust Co.

Pio Nono Office

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

Georgia Bank & Trust Co.

Riverside Drive Office

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

Marietta Commercial Bank

East Marietta Office

1616 RosweU Road ............... .Marietta Commercial Bank ............Marietta

Exchange Bank

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

The Rockmart Bank

Goodyear OffiCe

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

The Rome Bank and Trust Co.

West Rome Bank Office

2211 Shorter Ave..................The Rome Bank and Trust Co..........Rome

RosweUBank

North Roswell Office

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

St. Simons State Bank

Lon~ewOffice

St.Simons

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

Savannah Bank & Trust Co.

Reynolds Square Office

126 East Bryan Street ..............Savannah Bank & Trust Co. . ..........Savannah

Savannah Bank & Trust Co.

Stephenson Avenue Office

Stephenson Avenue and

Abercorn Street ...................Savannah Bank & Trust Co. . ..........Savannah

Bank of Smyrna

South Cobb Office

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

Sea Island Bank

South Side Office 5I0 S. Main Street .................Sea Island Bank ....................Statesboro

Commercial Bank

Drive-In Office ....................Commercial Bank ...................Thomasville

The Citizens and Southern Bank

of Thomas County

The Citizens and Southern Bank

Main Street Office . . . . . . . . . . . . . . . . . of Thomas County .................Thomasville

Bank of Tifton

Northside Office

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

The Bank of Toccoa

Big A Office

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

xix
BEGAN BUSINESS
6- 5-67 10-21-68 10- 2-61 9-20-63 8- 7-69 7-16-69 6- 1-65 7- 7-66 10-21-68
11-15-65 11-14-63 7-16-62 3-21-61
1-20-61 6-27-66 5-27-65

XX

DEPARTMENT OF BANKING

BANK OFFICES AS OF DECEMBER 31, 1969

NAME OF OFFICE

NAME OF PARENT

LOCATION

The Citizens and Southern Bank

of Tucker

LaVista Road Office

The Citizens and Southem Bank

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

The Bank of Warner Robins

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

Citizens State Bank

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

Washington Loan & Banking Company

Uberty Street Office

Washington Loan and

113 Uberty Street . . . . . . . . . . . . . . . . . Banking Company .................Washington

Commercial Bank

Northside Office

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

Bank of Waynesboro

Council Street Office

Cor. Council and Commerce Sts. . .....Bank of Waynesboro .................Waynesboro

BEGAN BUSINESS
1().21-65 6-16-62 5 9-63 111-65 9-24-65 6-24-66

FIFTIETH ANNUAL REPORT

BANK OFFICES APPROVED BUT NOT OPENED

NAME OF OFFICE

NAME OF PARENT

LOCATION

The Citizens and Southern Bank

of Albany

Northside Office

The Citizens and Southern Bank

2101 North Slappey Blvd. . . . . . . . . . of Albany .....................Albany

Trust Company of Georgia

Pershing Point Office

1503 Peachtree St., N.E............Trust Company of Georgia ............Atlanta

The Citizens Bank of Tifton

Second Street Office

Second St. at Magnolia Dr............The Citizens Bank of Tifton ...........Tifton

Trust Company of Georgia

Colony Square Office

I00 Colony Square

1175 Peachtree St., N.E. . ...........Trust Company of Georgia ............Atlanta

Trust Company of Columbus

Macon Road Office

Macon Road & Varsity Drive ........Trust Company of Columbus ..........Columbus

Bank of Rockdale

West Avenue Office

1143 West Avenue .............Bank of Rockdale ...................Conyers

First State Bank

Northside Bank Office

Northside Drive and

North Ashley Street ...............First State Bank ...................Valdosta

Peoples State Bank

Parker Street Office

Comas & E. Parker Streets ..........Peoples State Bank ..................Baxley

The Citizens Bank of Douglasville

Fairburn Road Office

Highway 92 ....................The Citizens Bank of Douglasville ... Douglasville

The Citizens and Southern

Bank of Richmond County

Gordon Highway Office

The Citizens and Southern Bank

1752 Gordon Highway . . . . . . . . . . . . of Richmond County ..............Augusta

xxi
APPROVED
6-18-68 1- 9-69 6-25-69 8-25-69 8-27-69 10-17-69 12-17-69 12-17-69 12-17-69 12-24-69

xxii

DEPARTMENT OF BANKING

FACIUTIES AS OF DECEMBER 31, 1%9

NAME OF FACIU1Y

NAME OF PARENT

LOCATION

The Citizens&. Southern

Bank of Albany

U. S. Marine Corps Supply

The Citizens&. Southern

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

Fust State Bank &. Trust Co.

Turner Air Force

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

Alma Exchange Bank Drive-in

Comer U. S. Hwy 1 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 Co............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

First State Bank of Fitzgerald

Drive-in Facility

216-222 South Main St. .............First State Bank of Fitzgerald ..........Fitzgerald

The Hinesville Bank

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

The Citizens &. Southem Bank of

LaGrange Drive-in Facility

The Citizens &. Southern

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

The Citizens&. Southern Bank of

Colquitt County

Drive-in Office

The Citizens&. Southern Bank of

I East Central Ave. . . . . . . . . . . . . . . . . Colquitt County ................ .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

BEGAN BUSINESS
1 2-56 9-21-53 4-27-66 1-1942 12-29-67 8-15-68 2 220 12-17-63 11-13-61 4-24-67 9-12-69 11 7-68 4-16-62
5-31-62 8 6-65 10. 6-67

FIFTIETH ANNUAL REPORT

FACILITIES AS OF DECEMBER 31, 1969

NAME OF FACILITY

NAME OF PARENT

LOCATION

Bank of Worth County West End Facility 305 West Franklin Street .........Bank of Worth County ...........Sylvester
Sylvester Banking Company Drivein Facility 101 E. Pope Street .............Sylvester Banking Co.............Sylvester
The Farmers Bank of Tifton Drivein Facility The Town & Country Shopping Plaza Virginia Avenue ..................The Farmers Bank of Tifton ..........Tifton
The Peoples Bank Drive-in Facility Broad and Midland ...............The Peoples Bank ..............Winder

xxiii
BEGAN BUSINESS
10. 3-69 716-62 415-69 4-15-60

xxiv

DEPARTMENT OF BANKING

FACIUTIES APPROVED BUT NOT OPENED

NAME OF FACIUTY

NAME OF PARENT

LOCATION

Bank of Screven County Drive-in Facility South Main Street ......Bank of Screven County .....Sylvania

APPROVED 10.21-69

ADDITIONS AND DELETIONS DURING YEAR BANKS

BRANCHES BANK OFFICES AND FACILITIES

IN OPERATION JANUARY I, 1969

340 . . 92

Banks Opening During Year

+ 12

Citizens Bank of Calhoun, Calhoun

The Citizens and Southern Bank of Jackson, Jackson

The Northeast Commercial Bank, Doraville

Citizens Bank of Riverdale, Riverdale

The Bank of Augusta, Augusta

Powder Springs Bank, Powder Springs

The Citizens and Southern Bank of Chatham County, Savannah

The Citizens and Southern South DeKalb Bank, Decatur

The Citizens and Southern Bank of Sandy Springs, Atlanta

The Citizens and Southern Bank of Chamblee, Chamblee

First Bank of South DeKalb, Decatur

Peoples State Bank, Jeffersonville

Banks and Bank Offices Absorbed by Other Banks Under Purchase and Assumption Agreements and Merger During Year . . . . . - 2
The Citizens and Southern Belvedere Bank Atlanta Bank & Trust Company, Atlanta
with 2 Bank Offices . . . Bank Offices and/or Facilities Opening During Year
Bank of Fulton County, East Point Headland Office
Farmers Bank of Tifton, Tifton Drive-in Facility
Trust Company of Georgia, Atlanta Clairmont-Emory Offtce Greenbriar Offtce Peachtree Center Office Phipps Plaza Office
(In merger of Atlanta Bank & Trust Company) Ben Hill Office Lakewood Avenue Office Roswell Road OffiCe

. . -2
. + 18

FIFTIETH ANNUAL REPORT

XXV

ADDITIONS AND DELETIONS DURING YEAR BANKS

BRANCHES BANK OFFICES AND FACILITIES

INOPERATIONJANUARY I, 1969
The Rome Bank and Trust Company, Rome West Rome Office
The Rockmart Bank, Rockmart Goodyear Office
The First State Bank of Fitzgerald, Fitzgerald Drive-in Facility
The Citizens and Southern Bank of East Point, East Point Cleveland Avenue Office
Bank of Worth County, Sylvester West End Facility
Bank of College Park, College Park Clayton County Office
The Citizens and Southern Bank of Chamblee, Chamblee Buford Highway-Northwood Bank Office
The Citizens and Southern DeKalb Bank, Avondale Estates (In absorption of The Citizens and Southern Belvedere Bank)
Belvedere Office The Citizens and Southern Bank of Clayton County, Forest Park
Jonesboro Road Office

IN OPERATION DECEMBER 31, 1969

350 . . . . . . . 108

xxvi

DEPARTMENT OF BANKING

STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM

Bank of Adairsville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Adairsville Citizens Trust Company .....................................................................Atlanta Mercantile City Bank ...................Atlanta Trust Company of Georgia ...................................................................Atlanta Georgia Railroad Bank & Trust Company ........................................................ Augusta mackshear Bank ........................ Blackshear Columbus Bank and Trust Company ......................................................Columbus Granite City Bank .............................Elberton Brand Banking Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Lawrenceville Farmers Bank ................................ .Monroe Savannah Bank & Trust Company ........................................................... Savannah Bank of Waynesboro ................................................................... Waynesboro

FIFTIETH ANNUAL REPORT

xxvii

LEGAL HOUDAYS
January I - New Year's Day January 19- Lee's Birthday *February 22- George Washington's Birthday April 26 - Confederate 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 II -Veterans' 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 foUowing shall be observed as a Legal Holiday.
Beginning in 1971, George Washington's Birthday shall be observed on the 3rd Monday in February, National Memorial Day on the last Monday in May, Columbus Day on the 2nd Monday in October and Veterans' Day on the 4th Monday in October.
SUPERINTENDENTS OF BANKS, PAST AND PRESENT

NAME

DATE OF APPOINTMENT

T.R. Bennett ............................... November 17, 1919 A.B. Mobley ................................ January I, 1927 WJ. Davis .................................. September 24, 1931 R.E. Gormley ............................... January I, 1932 R.R. Tippins ............................... October 6, 1936 John C. Beasley ............................. January II, 1937 R.E. Gormley ............................... January 25, 1937 C.B. Golsan, Acting Superintendent .............. January I, 1940 John C. Beasley ............................ January 14, 1941 O.G.Jackson ............................... March 22,1947 A.P. Persons ............................... November 18, 1948 W.D. Trippe ............................... July I, 1960 W.M. Jackson, Acting Superintendent ............ July 16, 1963 W.M. Jackson ............................... February 17, 1964

DATE SERVICE ENDED
January I, 1927 September 24, 1931 January I, 1932 October 6, 1936 January II, 1937 January 25, 1937 January I, 1940 January 14, 1941 March 21, 1947 November 18, 1948 June 6, 1960 July 15, 1963 February 16, 1964

----------------------~D_E~P~A=R~TM~E~N_T~O~F~B=A~N~K=I~N~G~____________________xxvili
CLASSIFICATION OF BANKS BY CAPITALIZATION
ASOFDECEMBER31, 1%9

NUMBER OF BANKS

CAPITAL

TOTAL CAPITAL

TOTAL RESOURCES

15 . . . . . . . . . . . . . 25,000.00 . . . . . . . . . . . . . . . 375,000.00 . . . . . . . . . . . . . . . . . . 18,321,557.95 6 . . . . . . . . . . . . . . . . . . . 30,000.00 . . . . . . . . . . . . . . . 180,000.00 . . . . . . . . . . . . . . . . . . 9,682,971.61 2 . . . . . . . . . . . . . . . . . . . 40,000.00 . . . . . . . . . . . . . . . 80,000.00 . . . . . . . . . . . . . . . . . . 7,885.449.02 46 . . . . . . . . . . . . . . . . . . . 50,000.00 ............... 2,300,000.00 .................. 126,628,677.22 2 . . . . . . . . . . . . . . . . . . . 55,000.00 . . . . . . . . . . . . . . . 110,000.00 . . . . . . . . . . . . . . . . . . 2,548,921.67 2 . . . . . . . . . . . . . . . . . . . 60,000.00 . . . . . . . . . . . . . . . 120,000.00 . . . . . . . . . . . . . . . . . . 5,182,578.10 3 . . . . . . . . . . . . . . . . . . . 70,000.00 . . . . . . . . . . . . . . . 210,000.00 . . . . . . . . . . . . . . . . . . 8,886,017.16 8 . . . . . . . . . . . . . . . . . . . 75,000.00 . . . . . . . . . . . . . . . 600,000.00 . . . . . . . . . . . . . . . . . . 20,557,844.06 1 . . . . . . . . . . . . . . . . . . . 85,000.00 . . . . . . . . . . . . . . . 85,000.00 . . . . . . . . . . . . . . . . . . 2,850,537.41 2 . . . . . . . . . . . . . . . . . . . 90,000.00 . . . . . . . . . . . . . . . 180,000.00 . . . . . . . . . . . . . . . . . . 8,983,482.09 67 ................... 100,000.00 ............... 6,700,000.00 .................. 338,238,780.67 4 ................... 120,000.00 . . . . . . . . . . . . . . . 480,000.00 . . . . . . . . . . . . . . . . . . 19,540,254.26 4 ................... 125,000.00 . . . . . . . . . . . . . . . 500,000.00 . . . . . . . . . . . . . . . . . . 23,797,689.24 1 ................... 130,000.00 . . . . . . . . . . . . . . . 130,000.00 . . . . . . . . . . . . . . . . . . 6,126,014.26 2 ................... 140,000.00 . . . . . . . . . . . . . . . 280,000.00 . . . . . . . . . . . . . . . . . . 15,738,568.37 1 ................... 145,000.00 . . . . . . . . . . . . . . . 145,000.00 . . . . . . . . . . . . . . . . . . 12,284,994.18 27 ................... 150,000.00 ............... 4,050,000.00 .................. 192,625,061.35 3 ................... 175,000.00 . . . . . . . . . . . . . . . 525,000.00 . . . . . . . . . . . . . . . . . . 21,101,368.87 1 .................. 187,500.00 . . . . . . . . . . . . . . . 187,500.00 . . . . . . . . . . . . . . . . . . 10,251,564.50 52 ................... 200,000.00 ............... 1,040,000.00 .................. 449,282,703.90 1 . . . . . . . . . . . . . . . . . . 220,000.00 . . . . . . . . . . . . . . . 220,000.00 . . . . . . . . . . . . . . . . . . 6,655,85 1.53 4 ................... 225,000.00 . . . . . . . . . . . . . . . 900,000.00 . . . . . . . . . . . . . . . . . . 30,544,767.71 2 . . . . . . . . . . . . . . . . . . . 240,000.00 . . . . . . . . . . . . . . . 480,000.00 . . . . . . . . . . . . . . . . . . 8,657,008.64 17 ................... 250,000.00 ............... 4,250,000.00 .................. 149,369,845.26 1 ................... 260,000.00 . . . . . . . . . . . . . . . 260,000.00 . . . . . . . . . . . . . . . . . . 4,885.912.29 2 ................... 270,000.00 . . . . . . . . . . . . . . . 540,000.00 . . . . . . . . . . . . . . . . . . 13,915,805.35 1 ................... 281,400.00 . . . . . . . . . . . . . . . 281,400.00 . . . . . . . . . . . . . . . . . . 6,012,017.50 23 ................... 300,000.00 ............... 6,900,000.00 . . . . . . . . . . . . . . . . . . 268,615,485.89 I ................. 312,500.00 . . . . . . . . . . . . . . . 312,500.00 . . . . . . . . . . . . . . . . . 9,154,171.94 3 ................... 325,000.00 . . . . . . . . . . . . . . . 975,000.00 . . . . . . . . . . . . . . . . . . 23,766,166.63 1 ................... 330,000.00 . . . . . . . . . . . . . . . 330,000.00 . . . . . . . . . . . . . . . . . . 20,661,982.73 1 ................... 340,000.00 . . . . . . . . . . . . . . . 340,000.00 . . . . . . . . . . . . . . . . . . 12,808,769.80 1 ................... 350,000.00 . . . . . . . . . . . . . . . 350,000.00 . . . . . . . . . . . . . . . . . . 12,959,246.28 1 ................... 360,000.00 . . . . . . . . . . . . . . . 360,000.00 . . . . . . . . . . . . . . . . . . 18,997,146.09 1 .................. 370,000.00 . . . . . . . . . . . . . . . 370,000.00 . . . . . . . . . . . . . . . . . . 44,934,941.61 3 ................... 375,000.00 ............... 1,125,000.00 . . . . . . . . . . . . . . . . . . 53,113,304.81 10 ................... 400,000.00 ............... 4,000,000.00 . . . . . . . . . . . . . . . . . . 148,040,205.06 1 ................... 400,200.00 . . . . . . . . . . . . . . . 400,200.00 . . . . . . . . . . . . . . . . . . 11,743,304.67 1 ................... 405,000.00 . . . . . . . . . . . . . . . 405,000.00 . . . . . . . . . . . . . . . . . . 16,897,960.39 1 ................. 420,000.00 . . . . . . . . . . . . . . . 420,000.00 . . . . . . . . . . . . . . . . . . 13,082,077.74 1 ................... 450,000.00 . . . . . . . . . . . . . . . 450,000.00 . . . . . . . . . . . . . . . . . . 31,731,813.18 1 ................... 480,000.00 . . . . . . . . . . . . . . . 480,000.00 . . . . . . . . . . . . . . . . . . 11,461,294.08 8 ................... 500,000.00 ............... 4,000,000.00 .................. 176,740,065.21 1 ................... 550,000.00 . . . . . . . . . . . . . . . 550,000.00 . . . . . . . . . . . . . . . . . . 21,723,088.59 2 .................. 600,000.00 ............... 1,200,000.00 . . . . . . . . . . . . . . . . . . 39,306,288.72

FIFTIETH ANNUAL REPORT

xxix

CLASSIFICATION OF BANKS BY CAPITALIZATION AS OF DECEMBER 3 I, I969

NUMBER OF BANKS

CAPITAL

TOTAL CAPITAL

TOTAL RESOURCES

. . . . . . . . . . . . . . . . 625,000.00 . . . . . . . . . . . . . . . 625,000.00 ................. . 32,166,247.98 I . . . . . . . . . . . . . . . . 750,000.00 . . . . . . . . . . . . . . . 750,000.00 ................. . 23,654,485.46 2 . . . . . . . . . . . . . . . . 800,000.00 ............... 1,600,000.00 ................. . 58,000,01 I.48 I . . . . . . . . . . . . . . . . 879,750.00 . . . . . . . . . . . . . . . 879,750.00 ................. . 25,414,250.80
. . . . . . . . . . . . . . . . 1,000,000.00 . . . . . . . . . . . . . . . 1,000,000.00 ................. . 62,473,847.08 . . . . . . . . . . . . . . . . 1,050,000.00 ............... 1,050,000.00 ................. . 52,528,551.94 . . . . . . . . . . . . . . . . I ,250,000.00 . . . . . . . . . . . . . . . I,250,000.00 ........... 38,695,648.48 . . . . . . . . . . . . . . . . 1,815,000.00 ............... 1,815,000.00 ................. . 103,420,132.83 . . . . . . . . . . . . . . . . 2,945,250.00 . . . . . . . . . . . . . . . 2,945,250.00 ................. . 105,615,235.55 . . . . . . . . . . . . . . . . 5,000,000.00 . . . . . . . . . . . . . . . 5,000,000.00 ................. . 162,276,637.30
I ................ 10,800,000.00 ............... 10,800,000.00 ........... ... . 641,596,136.85

XXX

DEPARTMENT OF BANKING

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1969
(WITH COMPARATIVE STATEMENT ASOFDECEMBER31, 1968)

Dec. 31, 1969 350Banks
108 Branches

ASSETS
Cash and Balances with Other Banks .. U.S. Government Obligations-Direct
and Guaranteed ........................ Securities of Federal Agencies and
Corporations not Guaranteed by U.S. .......
Obligations of States and Political Subdivisions ...........................
Other Securities (including corporate stocks) ...............................
Trading Account Securities ................. Federal and Correspondent Funds Sold ........ Loans and Discounts (After Reserve for
Losses of$32,907,420) .................. Bank Premises, Furniture & Fixtures,
and Assets Representing Bank Premises ...... Real Estate Other than Bank Premises ......... Customers' liability to Banks on
Acceptances Outstanding .................
Other Assets ............................
TOTAL ASSETS .........................

$ 517,909,992
432,486,869
131,828,905
376,584,805
13,042,713 16,528,602 159,510,000
I ,989,997,238
94,273,170 2,558,040
2,099,651 25,314,758 $3,762,134,743

Dec. 31, 1968 340Banks 93 Branches
$ 483,712,682
532,791,422
157,829,621
334,221,789
8,169,713 N/A
15,225,000
I ,699,520,%3
69,728,658 1,915,834
856,148 21,071,850 $3,325,043,680

LIABIUTIES

Demand Deposits
Tune Deposits ...........................
Deposits of U.S. Government
Deposits of States & Political Subdivisions ...........................
Deposits of Banks ........................ Other Deposits (certified and officers'
checks, etc.) ........................... TOTAL DEPOSITS .......................

1,347,550,479 1,341,363,161
48,970,825
340,540,860 106,617,118
24,512,914 $3,209,555,357

I ,239,071 ,096 I ,266,502,748
33,819,454
305,601,109 98,245,621
25,682,753 $2,%8,922,781

Federal Funds Purchased
Other liabilities for Borrowed


Money

.........

Mortgage Indebtedness ....................

Acceptances executed by or for the account

of banks and outstanding .................

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

TOTAL LIABILITIES .....................

48,825,000 57,557,117 12,374,860
2,099,651 113,237J12 $3,443,649,297

1,800,000 1,752,4%
N/A
856,148 77,152,242 $3,050,483,667

Increase+ Decrease-
$ 34,197,310+
I 00,304,553-
26,000,716
42,363,016+
4,873,000+ 16,528,602+ 144,285,000+
290,476,275+
24,544,512+ 642,206+
1,243,503+ 4,242,908+ $437,091,063+
108,479,383+ 74,860,413+ 15,151,371+
34,939,751+ 8,371,497+
1,169,839$240,632,576+
47,025,000+ 55,804,621+ 12,374,860+
1,243,50336,085,070+ $393,165,630+

FIFTIETH ANNUAL REPORT

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1969
(WITH COMPARATIVE STATEMENT ASOF DECEMBER 31, 1968)

CAPITAL ACCOUNTS

Dec. 31, 1969 350 Banks I08 Branches

Dec.3I,t968 340 Banks 93 Branches

Capital Notes and Debentures .............. . Common Stock ......................... . Surplus ............................... . Undivided Profits ....................... . Reserves for Contingencies ................ . TOTAL CAPITAL ACCOUNTS ............. . TOTAL LIABILITIES AND CAPITAL ACCOUNTS ................... .

$ 6,975,000 85,251,600 131,563,188 69,534,107 25,161,551
$ 318,485,446
$3,762,134,743

$ 6,150,000 75,883,450 117,707,121 51,191,237 23,628,205
s 274,560,013
$3,325 ,043,680

xxxi
Increase+ Decrease-
s 825,000+
9,368,15013,856,067+ I 8,342,870+ 1,533,346+ $ 43,925,433+ $437,09 I ,063+

FIFTIETH ANNUAL REPORT
STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Govcrruncnt
agencies and corporations ...... Ob~t!ons of States and political sub-
diviSions ................... . OUter securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ...................

361,763.33 378,855.35 372,000.00
9,753.99 None None
100,000.00 1,045,478.55
604.91 None None 9.88
$ 2,268,466.01

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

LIABILITIES

Demand deposits ................

Time and savings deposits .........

Deposits of U.S. Govcrrunent ......

Deposits of States and political sub-

Dcpdoivsiistisoonfs.,;~k~ :::::::::::: :::

Certified and officers' checks etc. ..

Federal funds purchased and securities

sold under agreements to

repurchase ...................

Other liabilities for borrowed money .

Mortgage indebtedness ..........

Acceptances executed by or for ao-

count of this Other liabilities

b.an.k..a.n.d.o.u.t.s.ta.n.d.i.n.g..

Reserves on loans
CRaepseitravlesNoontesseacnudritdieesbe~~~~ : : : : : :

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

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

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

Reserves for contingencies .........

Total Liabilities .................

$ 967,296.66 881,075.31 137,646.95
5,652.70 None
15,413.88
None None None
None 29,236.68 17,254.65 4,820.65
None 75,000.00 100,000.00 35,068.53
None
$ 2,268,466.01

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF ACWORTH Acworth (Cobb), Ga. As called for by the Superintendent of Banks

H.W. PITNER, President. Date of Charter: I(}.31-1905
ASSETS
Cash, balances with oUter banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Goverrunent
agencies and corporations ...... . Ob~'!ons of States and political sub-
dtvtSJons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rcseU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 908,472.90 442,188.33 900,037.50 441,514.35 None None None
3,416,750.80
83,306.30 None None
6,670.38
6,198,940.56

E.H. HARRISON,
Cashier. Began Business: I 2-19-1905

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Goverrunent ..... . Dep~~~s of States and political sub-
diVISions .................. .. Deposits of banks ............. .. Certified and orr.cers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Aoeeptanccs executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,605,227.69 2,824,290.83 51,100.41
126,026.26 None
38,766.49
None None None
None 46,000.02 81,986.56
None None 200,000.00 100,000.00 125,542.30 None
$ 6,198,940.56

2

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions .................. .. OUter securities including corporate
stocks .................... .. Trading account securities ..... Federal funds sold and securities pur
chased under agreements to rescU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. .. Real estate owned odter than bank premises .................. .. Customer's liability to this bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ................... .

$ 271,596.05 298,258.56 175,000.00 594,183.14 6,750.00 None None
1,947,532.74
34,761.35 None None 70.00
$ 3,328,151.84

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

LlABILmES
Demand deposits ............... . Time and sainp deposits ........ Deposits of U.S. Government ..... . Dep!'~!' of States and political mb-
divisions .................. .. Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Ac:ceptances executed by or for aocoun_t o!_~is bank and outstanding. Other liabilities ................ . Resenes on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ................ . Surplus ...................... . Undivided profits .............. . Resenes for contingencies .......
Total Liabilities ................ .

1,266,053.90 1,456,619.53
34,795.30
161,349.08 None
16,531.94
None None None
None 24,418.00 23,835.95
None None 100,000.00 125,000.00 119,548.14 None
3,328,151.84

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances widt oUter banks, and cash items in process of coUection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks .................... .. Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and flxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... Other assets ................... .
Total Assets ................... .

s 934,673.94 945,641.77 550,262.55 522,846.66 None None 550,000.00 3,818,009.60
30,000.00 None None
4,519.43
s 7,355,953.95

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

LIABILITIES
Demand deposits ............... . Time and savings deposits ...... Deposits of U.S. Government .... Dep!'~!' of States and political mb-
divisions .................. . Deposits of banks ............ .. Certified and ofrJCers' checks etc. . . Federal fUnds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for bonowed money . Mortgage indebtedness .......... . Ac:ceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........ Capital Notes and debentures .... Common stock ................ . Surplus ...................... . Undivided proflts .............. .. Reserves for contingencies ......
Total Liabilities ................ .

3,229,833.03 2,220,350.88
585,162.59
567,866.61 95,764.86 2,617.96
None None None
None 854.00 41,419.93
None None 150,000.00 150,000.00 172,084.09 140,000.00
s 7,355,953.95

FIFTIETH ANNUAL REPORT

3

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS AND MERCHANTS BANK Adei (Cook), Ga.
As called for by the Superintendent of Banks

W.J. HARRIS, President. Date of Charter: I2-11-1947
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks oo 000000 000000 oo oo oo Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans oo 00 00 oo oo oo 00 00 Bank premises, furniture and fiXtures,
and other assets representing bank premises 00 oooo 00 0000 00 0000 00 Real estate owned other than bank premises 00 00 00 00 00 . . . . oo . . . . Customer's liability to this bank on acceptances outstanding ....... . Other assets . 00 . . . . . . . . . . . 00 . . . .
Total Assets . . . . . 00 00 00 . . . 00 00

$ 712,924.94 553,377.89 None None 5,000.00 None
1,200,000.00 2,193,606.56
83,108.90 None None
2,470.80
$ 4,750,489.09

JAMES B. LAWRENCE,
Cashier. Began Business: 1-15-1948

LIABILITIES
Demand deposits . . . 00 . . . 00 . . . . .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diYJSions ................... Deposits of banks ............. .. CertifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ...... oo ....... oo oo Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding, Other liabilities ............. oo oo Reserves on loans ........... oo .. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock .... 00 ......... .. Surplus ........... 00 .. oo 00 .. 00 Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

2,207,851.34 1,367.766.31
30,348.95
803,142.51 None
29,259.21
None None None
None None 32,159.50 None None 100,000.00 125,000.00 54,961.27 None
4, 750,489.09

STATEMENT Showing condition at the close of business December 31, 1969, of
MONTGOMERY COUNTY BANK Ailey (Montgomery), Ga.
As caUed for by the Superintendent of Banks

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

ASSETS

Cash, balances with other banks, and

cash items in process of coUection

U.S. Treasury securities .......... .

Securities of other U.S. Government

agencies and corporations ...... .

Obligations of States and political sub-

divisions .oo . . . 00 . . . . . . . . . . . .

Other securities including corporate

stocks

00 00 . . . . . . . . . . . . . oo . . .

Trading account securities ........ .

Federal funds sold and securities pur-

chased under agreements to reseU .

Other loans .............. 00 ... .

Bank premises, furniture and fiXtures,

and other assets representing bank

premises . . . . . . . . . oo . . . . . . . . .

Real estate owned other than bank

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

Customer's liability to this bank on

aceeplances outstanding ....... .

Other assets . 00 00 00 . . 00 . . . . 00 . . .

Total Assets ................... .

$ 273,011.27 197,015.63 500,050.00 None None None 100,000.00 900,229.76
5,892.50 None None None
$ 1,976,199.16

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

LIABILITIES
Demand deposits 00 . . . . . . . . . . . . .. Time and savings deposits ........ Deposits of U.S. Government ..... . Dep.o~~s of States and political sub-
diVJSJons ...... Deposits of banks ............. CertifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase 00 . . . 00 . . . 00 . . . . 00 Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ... 00 . . . . . . 00 .. .. Reserves on loans ............ oo Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ... oo .. oo ... 00 00 Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

754,293.13 674,265.14 104,145.27
249,025.51 None
6,223.48
None None None
None 46,388.23 13,774.10
None None 30,000.00 95,000.00 3,084.30 None
$ 1,976,199.16

4

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
WHEELER COUNTY STATE BANK Alamo (Wheeler), Ga.
As caDed for by the Superintendent of Banks

WALLACE ADAMS, President. Date of Charter: 1-15-1945
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... Ob~t!ons of States and political sub-
divisions ........... Other securities includins corporate
stocks ........... Trading account securities ....... Federal funds sold and securities pur
chased under qreements to reseU . Other loans ............. Bank premises, furniture and riXtures,
and other assets representing bank premises .... Real estate owned other than bank premises ..... Customer's liability to this bank on acceptances outstanding ....... Other assets ............
Total Assets .........

$ 262,321.40 970,362.28 None None 26,885.45 None None
1,407,530.49
10,617.52 None None None
$ 2,677,717.14

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

LIABILITIES
Demand deposits ........... Time and savings deposits ...... Deposits of U.S. Government ..... . Dep!'~!S of States and politieal mb-
divisions .............. Deposits of banks ......... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ........... Reserves on loans ............ Reserves on securities ........ Capital Notes and debentures ... Common stock ........... Surplus ........... Undivided profits .......... Reserves for contingencies ........
Total Liabilities ..........

$ 1,159,235.14 905,844.62 2,010.00
396,722.64 None
3,506.91
None None None
None 13,078.52 27,511.42
None None 75,000.00 75,000.00 19,807.89 None
$ 2,677,717.14

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... Ob~'!ons of States and political sub-
divwons ............. Other securities including corporate
stocks .............. Trading account securities ....... Federal funds sold and securities pur-
chased under qreements to reseU . Otl1er loans ............... Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ..... Other assets ...........
Total Assets ............

$ 241,874.80 593,380.63 50,000.00 724,691.10 None None None
2,318,865.06
51,483.61 8.456.29 None None
$ 3,988,751.49

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

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... Dep!'~~s of States and. political mb-
diVISions .................. Deposits of banks ......... Certirted and ofrJCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ................ . Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures ..... Common stock .............. Surplus ..................... Undivided profits ............. Reserves for contingencies ........
Total Liabilities ...............

$ 1,248,964.87 1,786,959.08 11,941.16
271,334.64 50,000.00
None
None 100,000.00
None
None 22,690.49 48,109.82
None None 100,000.00 150,000.00 122,950.22 75,801.21
$ 3,988,751.49

FIFTIETH ANNUAL REPORT

5

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
dJYISJons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and r.xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 9,367,333.20 3,675,343.82 500,000.00 6,646,694.27 43,650.00 None None
41,183,965.94
1,299,883.71 209,483.40 None 319,834.27
$ 63,246,188.61

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

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~:;i~s of States and political sub-
diVISions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..........
Aa:eptances executed by or for ac-
count of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 20,547,776.56 25,771,446.30 410,899.10
4,267,851.32 2,468,774.12
248,102.77
None None None
None 3,962,675.83
772,341.03 None None
1,000,000.00 2,000,000.00
796,934.19 999,387.39
$ 63,246,188.61

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~g~t!ons or States and poUtical sub-
divJstons ................... . Other securi tics including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and oU1cr assets representing bank premises ................... . Real estate owned oU1cr than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

$ 5,923,479.18 6,44 7,620.36 1,968,203.13 5,032,790.80 None None 1,250,000.00 31,109,964.92
770,216.59 19,902.01 None
372,235.16
$ 52,894,412.15

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

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~:;i~ of States and political sub-
divtSions ................... . Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other Uabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 16,028,575.23 21,338,631.29 353,940.16
5,520,214.55 947,538.41 372,709.29
None None 113,048.66
None 3,535,357.14
365.860.21 None
450,000.00 1,050,000.00 1,000,000.00
868,537.21 950,000.00
$ 52,894,412.15

6

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THEFOURCOUNTYBANK Allentown (Wilkinson), Ga.
As called for by the Superintendent of Banks

A.T. LAND, SR., President. Date of Charter: 8-18-1941
ASSETS
Cash, balances with other banks, and cash ilems in process of collection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ... Ob~!ons of States and po6tical sub-
clmsions ............... Other securities including corporate
stocks ............. Trading account securities ....... Federal funds sold and securities pur-
chased under qreements to reseU Other loans ............ Bank premises, furniture and roxtures,
and other assets representing bank premises ............ Real estale owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on acceptances outstanding ..... Other assets ...........
Total Assets ........

s 773,052.56 762,301.94 152,500.00 559,239.17 No1111 No1111 500,000.00 2,908,254.76
62,744.94 None None
583.15
s 5,718,677.12

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

LlABlLmES
Demand deposits .............. Time and savin&s deposits ........ . Deposits of U.S. Government .... Dep~~!" of States and po6tical sub-
clmsions ............ Deposits of banks ....... Certirled and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .......... Other liabilities for borrowed money . Mortpge indebtedness .... Acceptances executed by or for account of this bank and outstanding. Other 6abilities ......... Re""""'s on loans ......... Reserves on securities ........ Capital Notes and debentures ..... Common stock ........... Surplus ............ Undivided profits ......... Reserves for cciniJn&encies ......
Total Liabilities .........

s 1,523,147.96 2,800,212.32 ... 24,225.24 496,005.47 33(),543.47 20,817.65
None
N01111 None
None 124,039.36
None None None
100,000.00 200,000.00
19,685.65 80,000.00
s 5,718,677.12

STATEMENI' Showing condition at the close of business December 31, 1969, of
ALMA EXCHANGE BANK Ahna (Bacon), Ga.
As called for by the Superintendent of Banks

VALENE BENNETT, President. Date of Charter: 9-30-1939
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ...... Ob6gations of States and po6tical sub-
divisions ........... Other securities including corporate
stocks ............... Trading account securities ..... Federal funds sold and securities pur-
chased under qreements to reseU Other loans .............. Bank premises, furniture and roxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's 6ability to this bank on acceptances outstanding ..... Other assets .............
Total Assets ...............

s 879,194.44 744,310.50 800,000.00 474,286.05 5,000.00 None N01111 4,985,083.20
105,658.54 12,201.68
None
15,192.00
s 8,020,926.41

THOMAS L. CARTER,
Cashier. Began Business: I 0-14-1939

LIABILITIES
Demand deposits ............. Time and savings deposits ..... Deposits of U.S. Government ..... Deposits of Stales and po6tical sub-
divisions ................ Deposits of banks ........ Certified and ofncers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabi6tics for borrowed money . Mortpge indebledness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ..................... Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ................

s 2,472,914.32 3,414,966.18 41,936.59
1,062,519.10 123,584.39 113,988.05
None
100,000.00
None
None 92,224.70 63,092.26
No1111 None 250,000.00 125,000.00 160,700.82 None
s 8,020,926.41

FIFTIETH ANNUAL REPORT

7

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances witJ1 other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of otJ1cr U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diviSions ................. Other securities including corporate
stocks ................ Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................. Bank premises, furniture and nxturcs.
and other assets representing bank premises ............. Real estate owned other tl1an bank premises ............... Customer's liability to U1is bank on acceptances outstanding ....... Otl1cr assets ................
Total Assets ................... .

795,695.04 664,636.25 50,000.00 605,257.21
None None 100,000.00 3,066,521.14
88,552.86 None None
787.50
$ 5,371,450.00

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

LIABILITIES
Demand deposits ............... Time and savings deposits ....... Deposits of U.S. Government ..... Deposits of States and political sub-
divisions ......... Deposits of banks ...... Certilied and oflicers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans .......... Reserves on securities ........ Capital Notes and debentures .. Common stock ............... Surplus ...................... . Undivided prolits ......... Reserves for contingencies ........ .
Total Liabilities ..............

$ 1,712,306.94 2,314,897.43 25,193.28
689,547.99 None
11,448.36
None None None
None 47,626.03 34,854.55 119,352.56
None 100,000.00 300,000.00
16,222.86 None
$ 5,371,450.00

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances witl1 other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . OtJ1er loans ................ Bank premises, furniture and fixtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................. Customer's liability to U1is bank on acceptances outstanding ....... Other assets .................
Total Assets

341,360.80 1,203,988.54
349,900.00 1,053,812.14
None None
None 5,173,606.58
107,352.22 None None
45,110.52
8,275,130.80

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

LIABILITIES
Demand deposits ........... Time and savings deposits ...... Deposits of U.S. Government ..... Dep_osi!s of States and political sub-
daVJsaons ................... Deposits of banks .............. . Certified and oflicers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances C:\ccuted by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities .......... Capital Notes and debentures ..... Common stock ................ Surplus .................... Undivided profits .............. Reserves for contingencies .......
Total Liabilities ................ .

$ 2,369,446.78 3,761,650.60 100,955.99
763,413.10 3,135.26
96,247.12
None None None
None 425,693.53 112,490.13
None None 150,000.00 200,000.00 97,098.29 195,000.00
8,275,130.80

8

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diviSions .......... Other securities including corporate
stocks ............ Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU Other loans .......... Bank premises, furniture and faxtures,
and other assets representing bank premises ......... Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets ............
Total Assets ............

$ 4,145,995.99 1,556,727.81 425,165.54 2,612,600.11 None None 250,000.00 7,025,005.82
360,940.78 None None None
$ 16,376,436.05

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

LIABILITIES
Demand deposits ............. Time and savings deposits .... Deposits of U.S. Goverrunent .. Dep~~~ of States and political sub-
divtSions ......... Deposits of banks ....... Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ........ Other liabilities for borrowed money Mortgage indebtedness .... Acceptances executed by or for account of this bank and outstanding. Other liabilities ......... Reserves on loans ......... Reserves on securities ........... . Capital Notes and debentures ... Common stock ....... Surplus ............ Undivided profits ........ Reserves for contingencies ........ .
Total Liabilities ....

$ 8,079,165.06 3,817,314.11 182,907.46
1,788,530.89 114,496.39 526,091.04
None None None
None None 167,253.36 None None 400,000.00 500,000.00 267,677.74 533,000.00
$ 16,376,436.05

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Goverrunent
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ................. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .............. Bank premises, furniture and rtxtures,
and other assets rcprescnting bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets ..........
Total Assets ...............

$ 1,645,332.00 1,522,509.36 300,000.00 2,476,318.87 None None
2,700,000.00 6,872,491. 79
294,579.16 5,800.00 None 31,300.75
$ 15,848,331.93

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

LIABILITIES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Goverrunent .... Deposits of States and political sub-
divisions ................... . Deposits of banks ......... CertifiCd and officers' checks etc. . .. Federal funds purchased and sccurities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ............... Surplus ............. Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities .............

$ 6,596,810.65 4,441,813.96 208,537.08
2,900,602.72 None
83,324.43
None None 76,743.85
None 141,624.10 160,857.05
None None 400,000.00 500,000.00 287,958.09 50,000.00
15,848,331.93

FIFTIETH ANNUAL REPORT

9

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securi tics including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other tl1an bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ..................

546,253.74 237,000.00
None 84,702.15
None None None 1,928,598.84
64,303.10 15,929.80
None None
2,876,787.63

P.T. BOSTWICK, Cashier.
Began Business: 3-1-1936

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. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of Utis bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus .................. Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ..............

1,302,942. 77 1,007,232.55
6,657.07
192,940.40 None None
None None None
None 25,099.06 26,250.22
None None 85,000.00 190,000.00 14,047.59 26,617.97
2,876,787.63

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSF.TS
Cash, balances wiUt other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISions ................... Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans .................. Bank premises, furniture and nxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ...................

565,842.26 1,083,515. 75
None 1,587,634.33
10,000.00 None None
5,822,894.69
114,354.62 15,000.00
None 103,991.63
9,303,233.28

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

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... Dcp~sits of States and political sub-
dlVlSions ................... . Deposits of banks ............. .. Certified and officers' checks etc. . .. l'cdcral funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances cccutcd by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ............... Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ..............

$ 3,241,525.61 4,445,221.91 55,969.41
491,626.25 None
89,800.06
None None None
None 112.954.02
56,230.53 None None
250,000.00 400,000.00 159,905.49
None
9,303,233.28

10

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diVISions ...... Other securities including corporate
stocks ............. Trading account securities .. Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ...... Bank premises, furniture and fiXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises .......... Customer's liability to this bank on acceptances outstanding .. Od1er assets ........
Total Assets .........

$ 970,550.09 709,000.00 None 427,154.37 None None
1,200,000.00 5,405,646.51
83,837.82 None None None
$ 8,796,188.79

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

LIABILITIES
Demand deposits ......... Tin1e and savings deposits ..... Deposits of U.S. Goverrunent .... Dep~~!' of States and political sub-
diVISions ......... Deposits of banks ... Certified and officers' checks etc. .. Federal funds purchased and securities
sold u ndcr agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this lxlnk and outstanding. Other liabilities ........ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures . Common stock ........... Surplus .............. Undivided profits ...... Reserves for contingencies ........ .
Total Liabilities ..........

$ 2,718,858.35 4,539,702.34 24,209.86
718,161.25 None
25,861.97
None None None
None 81,562.89 43,417.61
None None 250,000.00 200,000.00 194,414.52 None
$ 8,796,188.79

STATEMENT Showing condition at the close of business December 31, 1969, 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

ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ......
Obligations of States and political subdivisions ................... .
Other securities including corporate stocks ..............
Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to rescU Other loans ............ Bank premises, furniture and rJXtures,
and other assets representing lxlnk premises ................... . Real estate owned other than lxlnk premises . . . . . . . . . . . . . . 0 Customer's liability to d1is bank on acceptances outstanding .... Od1er assets ...............

$ 1,207,126.41 488,991.21
2,034,577.50 1,952,074.05
None None 500,000.00 5,963,238.91
85,006.65
154,314.00 None
88,980.52

Total Assets ..........

$ 12,474,309.25

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

LIABILITIES
Demand deposits ..... Time and savings deposits ...... Deposits of U.S. Government Deposits of States and political sub-
divisions ................. 0 Deposits of lxlnks ............ CertirJCd and offiCers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilitics ................ . Reserves on loans . . . o o Reserves on securities ....... 0 Capital Notes and debentures .. Common stock ................ . Surplus ..................... Undivided profits .............. . Reserves for contingencies . 0 0
Total Liabilities .............

$ 3,390,684.63 3,550,275.01 123,339.36
3,596,400.83 147,247.67 92,329.66
None None None
None 338,898.13 138,227.60 51,087.47
None 145,000.00 665,000.00 235,818.89,
None
$ 12,474,309.25

FIFTIETH ANNUAL REPORT

II

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS AND SOUTHERN EMORY BANK Atlanta (DeKalb), Ga.
As called for by the Superintendent of Banks

MERRIELL AUTREY, JR., President. Date of Charter: 12-11-1950
ASSETS
Cash. balances with oU1er banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks .................... Trading account securities ........ . federal funds sold and securities pur
chased under agreements to rcscU . Other loans .................. .. Bank premises, furniture and fixtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................... Customer's liability to U1is bank on acceptances outstanding ....... . OU1er assets ..................
Total Assets ................... .

4,443,318.35 3,368,406.27
None 4,287,351.61
26,737.50 None None
32,164,684.69
1,084,908.05 None None
218,552.78
$ 45,593,959.25

DAVID W. HUSTON,
Cashier. Began Business: 4-16-19 5 I

LIABILITIES
Demand deposits ............. Time and savings deposits ........ Deposits of U.S. Goverrunent ..... Deposits of States and political sub-
divisions ................ Deposits of banks .............. . Certified and oflieers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money Mortgage indebtedness ......... Acceptances executed by or for account of U1is bank and outstanding. Other liabilities ............... .. Reserves on loans .......... Reserves on securities .......... Capital Notes and debentures ..... . Common stock ...... Surplus .................... Undivided prolits ......... Reserves for contingencies ........
Total Liabilities ..............

13,639,955.52 17,010,534.08
352,420.66
900,915.62 6,572,652.86
21,372.60
None None 200,000.00
None 3,209,438.01
354,190.58 304,827.06 400,000.00 370,000.00 930,000.00 852,652.26 475,000.00
$ 45,593,959.25

STATEMENT Showing condition at the close of business December 31, 1969. of THE CITIZENS AND SOUTHERN BANK OF SANDY SPRINGS.
Atlanta (Fulton), Ga. As called for by the Superintendent of Banks

LOUIS J. FORTUNA, President. Date of Charter: 9-1 Q-1969
ASSETS
Cash, balances wiU1 other banks, and cash items in process of L"oUcction .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ..... Obligations of States and political sub-
divisions .................. Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans ................... Bank premises. furniture and fixtures,
and other assets representing bank premises .................. Real estate owned other than bank llrcmises ................ Customer's liability to U1is bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

$ 1,450,724.21 2,479,737.02 None 1,683,204.43 18,000.00 None None
13,248,200.46
98,245.26 26,500.00
None 158,789.31
$ 19,163,400.69

KENNETH K. INGRAM, Cashier.
Began Business: 10-1-1969

LIABILITIES
Demand deposits ............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions .................. Deposits of banks .............. . Certif1Cd and oflicers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for aca count of this bank and outstanding. Other liabilities .............. Reserves on loans .............. 0 Reserves on securities ....... 0 0 Capital Notes and debentures ..... Common stock ............... Surplus ...................... Undivided profits .............. . Reserves for contingencies 0 0
Total Liabilities ................ .

8,481,910.66 7,376,265.93
239,765.05
647,000.00 None
62,289.91
None None None
None 1,033,025.79
215,733.55 None
225,000.00 150,000.00 475,00V.OO 55,453.15 201,956.65
19,163,400.69

12

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS TRUST COMPANY Atlanta (Fulton), Ga.
As called for by the Superintendent of Banks

L.D. MILTON, President. Date of Charter: 7-12-1921
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treaswy securities .... Securities of other U.S. Government
agencies and corporations ... Ob~!ons of States and poHtical sub-
divisions ......... Other securities including corporate
stocks ....... Trading account securities ...... Federal funds sold and securities pur
chased under apeements to reseD Other loans ........... Bank premises, furniture and fixtures,
and other assets representing bank premises ..... Real estate owned other than bank premises . Customer's liability to this bank on acceptances outstanding .. Other assets .........
Total Assets ........

$ 2,348,270.18 976,888.71 394,400.88
8,931,980.63 61,050.00 None None
7,890,844.00
4,742,422.31 117,123.88 None 130,481.23
$ 25,593,461.82

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

UABILmES
Demand deposits ....... Time and savinp deposits ........ Deposits of U.S. Government ..... Dep~'!i!S of States and poHtical sub-
divisions ......... Deposits of banks Certified and omcers checks etc. Federal funds purchased and securities
sold under agreements to repurchase ........ OOter Habilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for ..,. count of this bank and outstanding. Other Habilities ............ Reserves on loans ......... Reserves on securities ..... Capital Notes and debentures .. Common stock ..... Surplus .......... Undivided profits ..... Reserves for contingencies .
Total Lisbilities ...

$ 9,089,955.30 7,938,220.23 604,405.50
910,204.87 None
308,738.64
None 400,000.00 3,200,000.00
None 395,904.36 179,211.02
None None 879,750.00 1,171,350.84 312,068.23 203,652.83
$ 25,593,461.82

STATEMENT Showing condition at the close of business December 31, 1969, of
GEORGIA SAVINGS BANK AND TRUST COMPANY Adanta (Fulton), Ga.
As called for by the Superintendent of Banks

R.E. GORMLEY, President. Date of Charter: 10.26-1889
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations .... Ob~~ons of States and poHtical sub-
divisions ................. Other securities including corporate
stocks ................ Trading account securities ...... Federal funds sold and securities pur-
chased under apeements to reseU Other loans .................. Bank premises, furniture and rJXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises ........ Customer's Hability to this bank on acceptances outstanding ..... Other assets .............
Total Assets ............

$ 1,083,262.68 3,096,011.10
None 3,173,259.75
941,714.26 None
None 9,996,038.23
50,001.00 1.00 None None
$ 18,340,288.02

SYLVIA SANDLER, Secretary & Treasurer. Began Business: 9-1-1899

UABILmES
Demand deposits ......... Time and savinp deposits .... Deposits of U.S. Government .... Dep~~!S of States and poHtical sub-
divisions .................. Deposits of banks .......... Certirted and ofrJCCrs' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other Habilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ..,. count of this bank and outstanding. Other Habilities ............. Reserves on loans ......... Reserves on securities ........... . .Capital Notes and debentures ..... Common stock ............... Surplus ................... Undivided profits ............. Reserves for contingencies .....
Total Liabilities ................

$ 258,462.23 11,973,208.67 7,851.26
696,192.67 30,000.00 3,904.72
None None None
None 8,981.52 181,019.06 200,652.22
None 500,000.00 1,000,000.00 491,295.62 2,988, 720.05
$ 18,340,288.02

FIFTIETH ANNUAL REPORT

13

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities .......... Securities of other U.S. Government
agencies and corporations ...... Ob~t!ons of States and political sub-
diVISions ... , ............... . Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 3,440,859.15 3,549,242.23 1,785,483.01 1,984,910.09 None None None
20,710,633.46
423,702.23 6,109.26 None
313,706.31
$ 32,214,645.74

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

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... Dep~~!S of States and political suJ>.
divtSions .................. Deposits of banks ............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 10,946,127.61 10,518,599.85 281,129.65
4,155,088.14 282,794.97
1,962,881.58
None None None
None 600,089.33 48,397.76
None 750,000.00 625,000.00 1,300,000.00 744,536.85
None
$ 32,214,645.74

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with oUter banks, and cash items in process of collection .
U.S. Treasuzy securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~f!ons of States and political suJ>.
dtviSions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . OUter loans ................... . Bank premises, furniture and fJXtures,
and oUter assets representing bank premises ................... Real estate owned other than bank premises ................ Customer's liability to litis bank on acceptances outstanding ....... . Other assets .................
Total Assets ................... .

$144,674,566.79 42,416,489.49
1,999,022.11
38,587,862.14
9,525,858.75 16,528,601.79
25,100,000.00 327,759,946.12
.s27 18,304.59
None
1,809,224.87 11,717,496.73
$647,637,373.38

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

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~!s of States and political suJ>.
divtStons ................... . Deposits of banks .............. Certified and offtccrs' checks etc. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus .................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$225,251,002.03 127,720,852.14 9,713,742.75
35,580,273.02 55,305,051.82
5,999,075.09
42,875,000.00 52,742,489.00
None
1,809,224.87 24,794,208.97 6,041,236.53
None None 10,800,000.00 26,210,585.27 18,616,826.27 4,177,805.62
$647,637,373.38

14

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ..... Ob~!<'ns of States and political sub-
divisions .... Other securities including corporate
stocks ........... Trading account securities .... Federal funds sold and securities pur-
chased under asreements to reseU . Other loans ............. Bank premises, furniture and faxtures,
and other assets representing bank premises ......... Real estate owned other than bank premises ....... Customer's liability to this bank on acceptances outstanding ..... Od1er assets ............
Total Assets ..........

$ 2,727,S10.73 1,488,269.11 150,000.00 4,101,234.12 None None None
14,S60,802.33
803,708.16 Nooe
None 148,748.75
$ 23,980,273.20

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

LIABILITIES
Demand deposits ....... Tiine and savings deposits ....... Deposits of U.S. Government .... Dep~~!S of States and politieal sub-
divisions ........ Deposits of banks . Certified and ofriCCI'S' checks etc:. .. Federal funds purchased and securities
sold under agreements to repurchase Other liabilities for borrowed money . Mortpae indebtedness .... : . . Acceptances executed by or for acco~t o!.IJ:lis bank and outstanmng. Other liabilities ......... Reserves on loans ..... Reserves on securities ... Capital Notes and debentures . Common stock ......... Swplus .......... UncliYided profits ........ Reserves for contingencies ...
Total Liabilities .......

$ 10,833,069.51 8,48S,664.31 119,628.41
1,089,SOO.OO 183,960.75 118,780.74
None None None
None 757,223.18 325,787.74
None None 750,000.00 950,000.00 326,244.18 40,414.38
$ 23,980,273.20

STATEMENT Showing condition at the close of business December 31, 1969, of TRUST COMPANY OF GEORGIA BANK OF SANDY SPRINGS
Adanta (Fulton), Ga. As called for by the Superintendent of Banks

F.E. EDRINGTON, President. Date of Charter: 11-30-1966
ASSETS
Cash, balances with od1er banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ... Ob~'!ons of States and politieal sub-
diVISions ......... Other securities inclumng corporate
stocks ............... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Od1er loans .................. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned od1er than bank premises ................... Customer's liability to d1is bank on acceptances outstanmng ....... Other assets ...................
Total Assets ..................

$ 221,088.29 347,732.50
1,098,843.75 None None None
900,000.00 1,198,628.16
489,309.34 N01111 None
35,S19.99
$ 4,291,122.03

CARL W. JONES, JR., Cashier.
Began Business: 4-27-1967

LIABILITIES
Demand deposits ........... Time and savings deposits ...... Deposits of U.S. Government ..... Dep_o~!S of States and politieal sub-
divisions ...... Deposits of banks ..... CerlifJCd and ofrJCCrs' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortpae indebtedness .......
Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities ............. Reserves on loans ......... Reserves on securities .......... Capital Notes and debentures .... Common stock ............... Swplus ................ Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

$ 1,837,939.16 1,395,242.66 46,900.67
93,SOO.OO Nooe
2,821.15
Nor.e Nooe 248,326.?4
None 66,256.02 17,431.79
297.15 None
240,000.00 260,000.00 82,406.69
None
$ 4,291,122.03

FIFTIETH ANNUAL REPORT

IS

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF AUGUSTA Augusta (Richmond), Ga. As called for by the Superintendent of Banks

D.S. McARTIIUR, President. Date of Charter: 7-17-1969
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . ObU.~t!ons of States and poUtical sul>-
divwons ................... . Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to this bank on acceptances outstanding ....... . ou.er assets ................... .
Total Assets ................... .

$ 796,381.73 573,661.50 100,000.00 None None None 650,000.00
2,387,426.93
378,090.11 None None
23,445.88
4,909,006.15

C.W. MATTHEWS,
Cashier. Began Business: 7-17-1969

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diVISions .................. Deposits of banks .............. Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other Uabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other Uabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............... Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,496,512.21 2,036,532.38 24,912.04
281,046.94 53.13
35,042.58
None None 209,834.14
None 8,349.88 23,093.86
None None 260,000.00 400,000.00 133,628.99 None
$ 4,909,006.15

STATEMENT Showing condition at the close of business December 31, 1969, of THE CITIZENS & SOUTHERN BANK OF RICHMOND COUNTY
Augusta (Richmond), Ga. As called for by the Superintendent of Banks

RICHARD D. PATTERSON, President. Date of Charter: 8-29-1904
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . ObU.~~ons of States and poUtical sub-
diVISIOns . , , .. , .......
Other securities including corporate stocks ..................... .
Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . OU1er loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other U1an bank premises ................... . Customer's Uability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

508,425.22. 389,131.66
None 605,127.50
None None None 3,557,281.36
131,877.32 None None
26,223.33
$ 5,218,066.39

AIMAR H. BENTON Cashier.
Began Business: 3-30.1964

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and poUtical sub-
divisions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other JiabiUties for borrowed money . Morlgagl: indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other Uabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,759,020.07 1,879,806.97
35,694.97
713,100.24 None
6,467.34
None None None
None 403,864.45
6,388.71 None None
175,000.00 107,000.00 75,305.82 56,417.82
$ 5,218,066.39

16

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
GEORGIA RAILROAD BANK & TRUST COMPANY Augusta (Richmond), Ga.
As called for by the Superintendent of Banks

RUSSELL A. BLANCHARD, President. Date of Charter: I 1-15-1892
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ...... . Ob~~t.ions of States and political sub-
divisions ................. Other securities including corporate
stocks .............. Trading account securities ...... Federal funds sold and securities pur
chased under agreements to rcseU . Other loans ................ Bank premises, furniture and ftxturcs.
and other assets representing bank premises .................. R~al estate owned other than bank premises .................. Customer's liability to this bank on acceptances outstanding ....... 001er assets ..............
Total Assets .................

$ 19,817,732.71 18,129,203.16 None 19,231,636.05 417,115.51 None
8,000,000.00 87,482,563.62
8,581,730.12 32,148.58 103,578.30
1,637,612.99
$163,433,321.04

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

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. . .. Federal funds purchased and securities
sold u ndcr agreements to repurchase ................ Other liabilities for borrowed money Mortgage indebtedness ..... An-cptanccs executed by or for account of this bank and outstanding. 001cr liabilities ................ Reserves on loans .............. . Reserves on securities ......... Capital Notes and debentures .... Common stock ............... Surplus .................. Undivided profits .......... Reserves for contingencies .....
Total Liabilities ....

$ 43,770,835.95 62,603,034.92 1,103,201.40
17,235,652.48 8,387,302.03
304,127.99
4,550,000.00 None
3,485,514.00
103,578.30 6,377,226.04 1,156.683.74
!'lone 4,000,000.00 5,000,000.00 5,000,000.00
356,164.19 None
$163,433,321.04

STATEMENT Showing condition at the close of business December 31, 1969, of
METROPOLITAN STATE BANK Augusta (Richmond), Ga.
As called for by the Superintendent of Banks

FELTON DUNAWAY, President. Date of Charter: l-14-1963
ASSETS
Cash, balances wi01 other banks, and cash items in process of collection
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... Obligations of States and political sub-
divisions .................. Other securities including corporate
stocks ................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to resell . Other loans ............... Bank premises, furniture and fixtures,
and other assets representing bank premises ............ Real estate owned other than bank premises ........ Customer's liability to this bank on acceptances ou!standing .. Other assets ...........
Total Assets .........

$ 864,433.47 931,816.36 None None None None 200,000.00
2,726.227.06
73,861.71 ~one None
22,408.86
$ 4,818,747.46

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

LIABILITIES
Demand deposits ......... Time and savings deposits ....... Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions .................. Deposits of banks ........... CertifiCd and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilitics ............... Reserves on loans ............ Reserves on securities .... Capital Notes and debentures ..... . Common stock ............. Surplus ............. Undivided profits ............ Reserves for contingencies ....
Total Liabilities ............

$ 1,634,194.64 1,906,055.92 3,039.06
662,729.79 None
415.00
None None None
None 181,835.52
26,993.84 237.40 None
200,000.00 50,000.00 153,246.29
None
$ 4,818,747.46

FIFTIETH ANNUAL REPORT

I7

STATEMENT Showing condition at the close of business December 31, 1969, of
RICHMOND COUNTY BANK Augusta (Richmond), Ga.
As called for by the Superintendent of Banks

BARNEY L. JORDAN, President. Date of Charter: 5-25- I 955
ASSETS
Cash. balances witlt otlter banks, and cash items in process of collection .
U.S. Treasury securities .......... . SLcuritics of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions .................. Otlu.r securities including corporate
stolks ..................... . Trading al"~.:ount Sl'L'Utitics ....... FLdcral funds sold and securities pur
chased under agreements to rcscU . Other loans ................... . Bank premises, furniture and fi.xturcs,
and othL'r assets representing bank premises ................... . RLal estate owned other than bank premises ................... . Customer's liability to this ban"- on ac~o:eptances outstanding . . . . . . . . Other assc.ts ................... .
Tulal Assets ................... .

$ 834,705.10 1,169,665.05
None 419,921.85
None None 450,000.00 3,768,520.13
73,851.21 None None
31,852.16
6,748,515.50

DONALD C. NEAL, Cashier.
Began Business: I I-I8-I955

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Goverrunent ..... . Deposits of States and political sub-
divisions ................... Deposits of banks .............. Certified and officers checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indLbtedn"ss .......... Al-ceptances exlcutt'd by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided protits .............. Reserves for contingendes ........ .
Total Liabilities ................ .

1,969,624.40 2,092,006.00
53,495.49
970,591.43 754,858.90
26,971.70
None None None
None 252,756.47 92.663.97
None None 220,000.00 130.000.00 110,547.14 75.000.00
6,748,5 15.50

STATEMENT Showing condition at the close of business December 31. 1969. of
THE CITIZENS AND SOUTHERN BANK OF COBB COUNTY Austell (Cobb), Ga.
As called for by the Superintendent of Banks

ROBT. H. DUNLAP. President. Date of Charter: I-3- I9 I0
ASSFTS
Cash. balanlcs wiU1 other banks. and cash items in process of l'OUection .
U.S. Treasury securities .......... . ~luritk's of olhl~r U.S. Government
agl'nlies and corporations ...... Obligations of Stat,s and political sub-
divisions ................... Other sc.'luritils irllludin!! L'OillOrate
stocks ..................... . Tradin~ al..'l'ount s~oLurities . . . . . . . . . h.dlral funds sold and Sl."t.'uritics pur
dla5l'd undl'r ag:rel'tnents to rescU . Other loans ................... . BanJ... premises. fumitun and fixtures.
and other assets representing bank prcn1iscs ................... Real estate ownl!d other than bank prcrniscs ................... . Customer's liability to this bank on acceptances outstanding ....... Other assets ...................
Total Assets ..................

1,121,435.04 1,787 ,978. 76
None 1,596,595.19
9,000.00 None None
11,607,484.70
337,117.68 824.56 None
339,300.88
16,799,736.81

ROBERT E. LONG. JR.. C'ashkr.
Began Business: I-10-1910

LIADILITIES
Demand deposits ........... o Time and savings deposits ........ . Deposits of lf.S. Government ..... Deposits of States and political sub-
divisions ............ 0 Deposits of banks .............. . Certified and officers dJCl'ks etc. . .. federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . \lortgagc indebtedness .......... . Acceptanles e\Cl'Uted by or for ac count of this bank and outstanding. Other liabilities ................ Reserves on loans .............. Reserves on securities .......... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ...... 0
Total Liabilities ................ .

5.998,442.44 6,683,380.42
398,896.42
1,358,756.06 20,000.00 34.542.83
None None None
None 841,865.44 269,485.65
None None 300.000.00 350,000.00 358,971.75 185,395.80
$ 16,799,736.81

18

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSI:.TS
Cash. balances with other banks. and
cash items in process of collection . U.S. Treasury securities ........ Securities of other U.S. Government
agencies and COillorations ...... . Oblil!lllions of States and political sub-
divisions ................... . Other '"'curities including corporate
stocks .............. Trading account SIC'curitics ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans ................ Bank premises. furniture and ftxturcs.
and oUter assets rcprescn ling bank premises ................... . Real estate owned oUter Otan bank premises ................... . Customer's liability to Otis bank on acc-eptances outstanding ...... OUter assets .................
Total Assets ..................

$ 3,006,963.40 1,328,185.05 None 3,130,686.24 14,310.00 None None
18,982,031.18
295,027.82 None None
146,483.05
$ 26,903,686.74

LOUISE A. DUNNAWAY. Cashier.
Began Business: 8-18-1949

LIABILITIES
Demand deposits ............... Time and savings deposits ........ Deposits of U.S. Goverrunent ..... Dcp~~!' of States and political sub-
diVISions .............. Deposits of banks .............. Certified and officers checks etc. .. Federal funds purcltascd and securities
sold u ndcr agreements to repurchase ................. Other liabilities for borrowed money . Morll!ll8< indebtedness .......... . Acceptances executed by or for account of Otis bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on sccmitics ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ..................... Undivided profits ........... Reserves for contingcnries ........ .
Total Li:tbiUties ..........

$ 9,841,882.45 11,808,041.62 262,099.99
776,692.09 600,000.00
27,827.74
None None None
None 1.409.017.75
299 884.08 None None
300,000.00 550.000.00 623,755.23 404,485.79
s 26,903,686.74

STATEMENT Showing condition at the close of business December 31. 1969. 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
ASSF.TS
Cash, balances wiOt other banks, and cash items in process of coUection .
U.S. Treasury SC'Curitics .......... Securities of other U.S. GovcrMlcnt
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks .................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to rcscU . OUter loans ................. Bank t>rcmiscs, furniture and ftxturcs,
and other assets representing bank premises ................... . Real estate owned oUter than bank premises ................... . Customer's liability to Otis bank on acceptances outstanding .. Other assets ...........
Total Assets ..........

$ 1,400,279.17 990,940.00
1,250,000.00 1.473,458.71
None None 600,000.00 5,495.639.84
70,909.97 None None
62,187.17
$ 11,343,414.86

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

LIABILITIES
Demand deposits ............... . Tin1e and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Dct>osits of banks ............ Certif..-d and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Morll!ll8< indebtedness .......... Acceptanlcs e:\Cluted by or for ac count of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Rl~scrvcs on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ................. Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ............

4,368,211.19 3,984.345.56
100.529.90
1.361.391.11 230,149.79 83,047.34
None None None
None 280.263.24 131.267.41
None None 200,000.00 350,000.00 254,209.32 None
$ 11,343,414.86

FIFTIETH ANNUAL REPORT

19

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t.ions of States and political sub-
diviSIOns ..... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rescU . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises .......... Real estate owned oU1er U1an bank premises ............ Customer's liability to U1is bank on acceptances outstanding ....... OU1er assets ................... .
Total Assets ................... .

312,378.39 801,224.75 150,000.00 330,595.33
None None 100,000.00 1,524,455.49
15,182.77 4,000.00
None None
$ 3,237,836.73

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

LlAB1LlTIES
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. .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. OU1er liabilities ................ . Reserves on loans ............ RescJVcs on securities ........... Capital Notes and debentures ..... . Common stock ........... Surplus ...................... . Undivided profits .............. . Reserves for contingencies .....
Total Liabilities ................ .

$ 1,271,060.90 1,220,975.11 22,364.25
310,103.18 None
2,522.50
None None None
None 13,691.00 25,146.94
None None 90,000.00 110,000.00 171,972.85 None
$ 3,237,836.73

STATEMENT Showing condition at the close of business December 31, 1969, of
BAXLEY STATE BANK Baxley (Appling), Ga.
As called for by the Superintendent of Banks

STATEN S. LEWIS, President. Date of Charter: 8-23-1917
ASSETS
Cash, balances wiU1 other banks, and cash items in 11roccss of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ..... Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . OU1er loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank prcntiscs ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... OU1er assets ................... .
Total Assets ................... .

1,249,911.16 696,882.07 200,000.00 693,527.29 None None 300,000.00
5,153,808.64
328,331.58 500.00 None
9,389.70
8,632,350.44

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

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o!"ts of States and political sub-
diVISIOns .
Deposits of banks .............. . Certiftcd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . \lortgagc indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Rlscrvcs on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for ~o:ontingcncics .......
Total Liabilities ................ .

$ 4,149,208.44 2,513,564.20 93,116.10
700,926.42 17,402.59 63,610.41
None None 156,797.37
None 70,101.16 115,774.65
7,932.66 None
150,000.00 250,000.00
26,063.42 308,853.02
8,632,350.44

20

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
PEOPLES STATE BANK Baxley (Appling), Ga.
As called for by the Superintendent of Banks

VALENE BENNETT, President. Date of Charter: 5-14-1966
ASSETS
Cash. balances with other banks, and cash items in process of coUec:tion
U.S. Treasury securities . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ....... Other securities including corporate
stocks .......... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ........ Bank premises, furniture and foxtures,
and other assets representing bank premises ............ Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets .........
Total Assets ............

473,165.03 1,038,S93.00
None
None None None
None 1,939,170.76
45,088.74
30,607.65 None
1,421.88
s 3,528,047.06

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

LIABILmES
Demand deposits ..... Tune and savings deposits ..... Deposits of U.S. Government ... Dep~~!S of States and political sub-
diviSions ....... Deposits of banks ..... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ...... Other liabilities for borrowed money Mortgage indebtedness .... Acceptances executed by or for account of this bank and outstanding. Other liabilities ...... Reserves on loans .............. . Rcsetves on securities ........... . Capital Notes and debentures .. Common stock ..... Surplus ......... Undivided profits .. Reserves for contingencies ...
Total Liabilities .....

S 796,965.50 1,485,159.95 149,356.67
541,526.36 42,546.75 69,308.35
None 100,000.00
None
None 50.00 26,388.10 None None 100,000.00 15,000.00 118,776.64 22,968.74
3,528,047.06

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BLACKSHEAR BANK Blackshear (Pierce), Ga.
As called for by the Superintendent of Banks

C. NEVIN BRISCOE, President. Date of Charter: 7-7-1892
ASSETS
Cash, balances with other banks, and cash items in process of coUcction .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................. Bank JlFCmiscs, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ...............
Total Assets ...............

s 758,219.61 1,263,326.51 294,000.00 None 63,727.50 None None 2,556,210.65
46,034.0S None None None
s 4,981,578.32

CHARLES R. OUTLER, JR., Cashier.
Began Business: 7-7-1892

LIABILITIES
Demand deposits ........... Time and savings deposits .... Deposits of U.S. Government ..... . Dep~~~s of States and political sub-
diVJSJons ................... . Deposits of banks ......... Certif10d and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............ Surplus .............. Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ..............

s 2,037,039.42 1,961,751.58 27,018.73
464,473.86 20,001.07 7,039.04
None None None
None None 41,955.01 None None 100,000.00 200,000.00 116,90S.72 5,393.89
s 4,981,578.32

FIFTIETH ANNUAL REPORT

21

STATEMENT Showing condition at the close of business December 31, 1969, of
PEOPLES BANK Blackshear (Pierce), Ga. As called for by the Superintendent of Banks

ALVIN M. RATLIFF, President. Date of Charter: 8-1-1946
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities or other U.S. Government
agencies and corporations ...... Obti~t!ons or States and potitical sub-
diVISIOns , , , ,
Other securities including corporate stocks ................
Trading account securities ........ . Federal runds sold and securities pur
chased under agreements to rcscU . Other loans .............. Bank premises, rurniturc and fixtures,
and other assets representing bank premises ............... Real estate owned oU1er U1an bank premises ................. Customer's liability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

795,791.44 1,181,661.69
None 570,569.81
None None 100,000.00 3,621,119.25
227,700.00 5,000.00 None None
$ 6,501,842.19

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

LlABILlTIES
Demand deposits ............... . Time and savings deposits ...... Deposits or U.S. Government .... Deposits or States and political sub-
divisions ......... Deposits or banks .............. . Certified and orficers' checks etc. Federal runds purchased and securities
sold u ndcr agreements to repurchase ....... Other liabilities ror borrowed money . Mortgage indebtedness ........ Acceptances executed by or ror ac count or this bank and outstanding. Other tiabilitics ................ . Reserves on loans ............. Reserves on securities ......... Capital Notes and debentures ... Common stock ............... Surplus ...................... . Undividcd profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

s 2,209,845.19 3,116,472.89 54,882.68
377,386.64 None
27,605.90
None None None
None None 73,095.06 None None 200,000.00 300,000.00 142,553.83 None
$ 6,501,842.19

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances wiU1 other banks, and cash items in process of coUection .
U.S. Treasury securities ......... Securities or other U.S. Government
agencies and corporations ..... Obli.~t!ons or States and political sub-
diVISIOns ............ , ...... . Other securities including corporate
stocks ................... Trading account securities ........ . Federal runds sold and securities pur-
chased under agreements to rcscU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................. Real estate owned other than bank premises ....... , ........... Customer's tiability to U1is bank on acceptances outstanding ....... . OU1cr assets .................. ..
Total Assets ...................

553,655.11 880,464.88 200,000.00 904,812.21
None None 200,000.00 2,5 23,066.07
40,800.00 None None None
5,302,798.27

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

Ll ABl LITIES
Demand deposits ............... . Tin1c and savings deposits ....... Deposits or U.S. Government ..... . Dcp_o~its or States and potitical sub-
diVISions ................... Deposits or banks ............. .. Certif1Cd and orlicers' checks etc. . .. Federal runds purchased and securities
sold under agreements to repurchase ................. Other liabilities ror borrowed money . Mortgage indebtedness .......... Acceptances e:\ccutcd by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ Surplus ..................... Undivided J>rofits ............. Reserves for contingencies ........ .
Total Liabilities ................

1,863,609.93 2,327,845.95
38,289.77
533,796.33 None
22,712.44
None None None
None 103,217.85 34.505.32
None None 200,000.00 100,000.00 78,820.68 None
$ 5,302,798.27

22

DEPARTMENT OF BANKING

STATEMENT Showing condition-at the close of business December 31, 1969, 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
ASSETS
Cam. balances with other banks, and cash items in process of collection .
U.S. Treasuey securities .... Securities of other U.S. Govenunent
agencies and corporations ..... Ob~t!ons of States and politieal sub-
divisions .. Other securities including corporate
stocks ............. Trading account securities ........ Federal funds sold and securities pur-
chased under acreements to reseO Other loans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ....... Real estate owned other than bank premises .. Customers liability to this bank on acceptanc:es outstanding ... Other assets ........
Total Assets ............

$ 781,422.34 714,859.36 22S,OS6.2S 769,779.78 1.00
NODe
600,000.00 3,142,781.82
204,443.79 1.00 No
2,672.16
$ 6,441,017.50

RALPH B. SMITH, Cashier.
Began Business: 4-28-1941

UABILmES
Demand deposits ...... Time and savings deposits ..... Deposits of U.S. Government .. Dep~~!" of States and political aal>-
divisions .... Deposits of banks ...... CertifJOd and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ...... Other liabilities for bonowed money . Morf&ale indebtedness ...... Acceptanc:es executed by or for accoun_t or.~ bank and outstanding. Other liabilities ...... Reserves on loans .... R-nes on securities ... Capital Notes and debentures . Common stock ..... Surplus ..... Undivided profits .... R-....s for conlinlencies ...
Total Liabilities ...

$ 2,286,792.47 2,352,789.79 44,431.14 1,088,134.14 Noae 56,214.64
NODe No.
71,512.41
NODe
91,929.38 54,073.66
NODe NODe
150,000.00 150,000.00 95,139.87
No
s 6,441,017.50

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cssh, balances with other banks, and cash items in process of coUection
U.S. Treasuey securities ..... Securities of other U.S. Govenunent
agencies and corporations . O~'!ons of States and political sub-
divisions ............. Other securities including corporate
stocks .......... Trading account securities ... Federal funds sold and securities pur-
chased under acreements to reseU Other loans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ..... Real estate owocd other than bank premises ... , ..... Customer's tiability to this bank on acceptances outstanding . Other assets .......
Total Assets ........

$ 907,986.23 579,263.54
NODe
869,419.79
NODe NODe
1,200,000.00 3,852,353.12
139,997.98 650.00
NODe
275.41
s 7,549,946.07

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

UABILmES
Demand deposits ..... Time and savings deposits ... Deposits of U.S. Government ... Dep~!" of States and political aal>-
divisions Deposits of banks .. Certifsed and officers' checks etc. . Federal funds JIIUC)tased and securities
sold under agreements to repurchase ....... Other liabilities for bonowed money . Morf&ale indebtedness ...... Acceptanc:es execuled by or for account of this bank and outstanding. Other liabilities .......... Reserves on loans ...... Rcsenes on securities ..... Capital Notes and debentures .... Common stock .......... Surplus ........... Undivided profits ......... Resenes for continaencies ...
Total Liabilities .........

s 2,952,141.40 2,614,329.54 77,422.74
723,032.2S 5,595.73 15,465.79
No No 73,518.15 NODe 164,248.76 63,036.50
None
None 200,000.00 300,000.00 211,122.28 150,032.84
$ .7,549,946.07

FIFTIETH ANNUAL REPORT

23

STATEMENT Showing condition at the close of business December 31, 1969, of
FANNIN COUNTY BANK Blue Ridge (Fannin), Ga. As caRed for by the Superintendent of Banks

J.M. EATON, JR., President. Date of Charter: 5-29-1916
ASSETS
Cash, balances with other banks, and cash items in process or collection .
U.S. TrcasUJy securities .......... . Securities of other U.S. Government
agencies and corporations ...... . ObU.~t!ons or States and poUtical sub-
diVISions ....... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 1,265,374.58 2,052,492.00 649,850.00 723,140.29 125,000.00 None 800,000.00 4,022,183.96
54,000.00
None None None
9,692,040.83

MRS. ANNABELLE SOWERS, Cashier.
Began Business: 6-6-1916

UABILITIES
Demand deposits ............... . Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dcp~~!" of States and political sul>-
divtsaons ............... Deposits of banks ............. Certified and offtcen' checks etc. .. Federal funds purchasod and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ............. Reserves on loans .......... Reserves on securities ........... Capital Notes and debentures ..... Common stock ............. Surplus ...................... Undivided profits ........... Reserves for contin&encies ........
Total Liabilities ...............

$ 3,001,231.09 4,956,250.15 67,221.98
745,097.12 None
57,117.69
None None None
None 138,375.49 100,077.42
25,000.00 None
200,000.00 200,000.00 181,669.89
20,000.00
$ 9,692,040.83

STATEMENT Showing condition at the close of business December 31, 1969, of
PEOPLES BANKING COMPANY Boston (Thomas), Ga.
As caRed for by the Superintendent of Banks

J.E. CROMARTIE, President. Date of Charter: 1-29-1947
ASSETS
Cash, balances with other banks, and cash items in process or collection .
U.S. Treasury securities .......... . Securities or other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's llability to this bank on acceptances outstanding ....... Other assets ...................
Total Assets ................... .

$ 188,506.71 126,587.34 199,825.00 None None None 100,000.00 616,782.41
24,014.21 None None
638.37
1,256,354.04

FAYE L. PEEPLES,
Cashier. Began Business: 4-1-1947

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~:O~s of States and political sub-
divisions ................... Deposits of banks ............. Certified and offtcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ................ Reserves on loans ............. Reserves on securities .......... Capital Notes and debentures ..... . Common stock ................ Surplus ................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

672,015.03 365,005.47
16,404.29
45,855.14 None
9,125.48
None None None
None 22,121.80 12,068.12
None None 25,000.00 50,000.00 38,758.11 None
$ 1,256,354.04

24

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE COMMERCIAL BANK lknwlon (Carroll), Ga.
As called for by the Superintendent of Banks

W.C.ROOP, President. Date of Charter: 9-22-1926
ASSETS Cash, balances with other banks, and
cash items in process of collection . U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations .. Ob~!ons of States and political sub-
divisions .............. Other securities including corporate
stocks ....... Trading account securities ...... Federal funds sold and securities pur-
chasecl under apeements to reseO Other loans ....... Bank premises, furniture and fixtures,
and other auets represenlinl bank premises ........ Real estate owned other than bank premises Customer's liability to this bank on acceptances outstanding ..... Otherauets .....
Total Assets ............

$ 1,026,369.27 2,554,459.84 200,000.00 924,929.22 None None 300,000.00 5,303,610.28
40,000.00 None None
2,133.73
$ 10,351,502.34

W.A. BOWMAN, JR., Cashier.
Began Business: 9-22-1926

LIABILITIES Demand deposits ............ Time and savinp deposits ...... Deposits of U.S. Government ... Dep!'~!" of States and political sub-
divisions ............ Deposits of banks .......... Certified and off~eers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness ..... AcceptarJCes executed by or for aocount of this bank and outstanding. Other liabilities ........ Resenes on loans ........ Resenes on securities ........ Capital Notes and debentures .. Common stock ....... Surplus .............. Undivided profits .... Resenes for contingencies ....
Total Liabilities .......

$ 4,499,661.68 3,455,S34.1S 310,086.62 890,451.20 None None
None None None None
m:m:~ None None 150,000.00 lSO,OOO.OO 283,445.84 100,000.00 $ 10,351,502.34

STATEMENT Showing condition at the close of business December 31, 1969, of
BOWMAN STATE BANK Bowman (Elbert), Ga.
As called for by the Superintendent of Banks

PAUL BURDEN, President. Date of Charter: 12-2-1966
ASSETS Cash, balances with other banks, and
cash items in process of coUection U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ..... O~t!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ........ TradiJul account securities .... Federal funds sold and securities pur-
chased under apeements to reseD Other loans ......... Bank premises, furniture and fiXtures,
and other assets representing bank premises .... Real estate owned other than bank premises .. ., ... Customer's 6ability to this bank on acceptances outstanding .... Other assets .......
Total Assets ........

$ 134,838.11 393,269.91 None None None None None 720,944.91
22,679.94 None None
639.97
$ 1,272.372.84

PAUL BURDEN, Cashier.
Began Business: 1-3-1967

UABILmES
Demand deposits ..... ; ... Time and savings deposits ..... Deposits of U.S. Government .... ~~!" of States and politieal sub-
diYisions ................ Deposits of banks .............. . Certified and off~eers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for aocoun_t of.~is bank and outstanding. Other liabilities ....... Resenes on loans ......... Reserves on securities ....... Capital Notes and debentures .... Common stock ........ Surplus ........... Undivided profits .......... Reserves for contingencies .....
Total Liabilities .........

$ 431,232.96 608,496.67 6,170.98
97,190.63 None None
None None None
None 5,758.57 5,564.41
None None 75,000.00 15,000.00 27,958.62 None
$ 1,272,372.84

FIFTIETH ANNUAL REPORT

25

STATEMENT Showing condition at the close of busine\, December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ...... Obligations of States and political sub-
divisions .......... Other securities including corporate
stocks ..................... . Trading account securities ... Federal funds sold and securities pur
chased under agreements to rescU Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ........... Real estate owned oU1er than bank premises ............. Customer's liability to this bank on acceptances outstanding ...... OU1er assets .................. ..
Total Assets ..................

$ 224,484.23 336,000.00 165,000.00 77,186.32 5,000.00 None None 575,046.28
7,823.14 None None
1,525.00
1,392,064.97

JOHN 0. BRASELTON, JR.,
Cashier. Began Business: 12-18-1948

LIABILITIES
Demand deposits ............... . Time and savings deposits ... Deposits of U.S. Government .. Dcp~~!' of States and political sub-
diVISIOns .................. .. Deposits of banks ............. .. Certified and officers' checks etc. . Federal funds purchased and secwitics
sold under agreements to repurchase .................. . OU1er liabilities for borrowed money Mortgage indebtedness .......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ............... .. Reserves on loans ..... Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ...................... . Undivided profits ........ Reserves for contingencies ........
Total Liabilities ................ .

$ 799,378.71 22,500.00 1,341.88
345,078.79 None
12,500.00
None None None
None 15,484.56
8,532.80 None None
25,000.00 150,000.00
12,248.23 None
1,392,064.97

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ... .... ObH~t!ons of States and poHtical sub-
diVISIOns , o o. o
Other securities including corporate stocks ..................... .
Trading account securities ... o o Federal funds sold and secwities pur
chased under agreements to reseU . Other loans .. o o Bank premises, furniture and fiXtures.
and other assets representing bank premises ......... o o o Real estate owned oU1cr than bank premises .......... o Customer's Hability to Ulis bank on acceptances outstanding .... Other assets ................... .
Total Assets ..................

$ 2,585,867.83 1,700,385.63 420,000.00 930,340.76 None None None 4,250,744.53
199,295.24 None None
69,000.95
$ 10,155,634.94

CLARK STAPLER, Cashier.
Began Business: 2-1-1949

LIABILITIES
Demand deposits ............... . Time and savings deposits ...... Deposits of U.S. Government ... Dcp~~~s of States and poHtical sub-
diVJSions .............. Deposits of banks .............. . CertifiCd and officers' checks etc. . .. Federal funds pwchased and securities
sold under agreements to repurchase .................. . Other HabiHtics for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other Habilities ............. Reserves on loans ............. Reserves on securities ....... o Capital Notes and debentures ... Common stock .............. Surplus .................... Undivided profits ........... Reserves for contingencies .....
Total Liabilities .............

$ 5,956,315.33 2,421,915.64 247,979.09
378,920.81 172,673.39
39,054.59
None None None
None 27,541.65 102,946.34
None None 300,000.00 300,000.00 208,288.10 None
$ 10,155,634.94

26

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS & MERCHANTS BANK Brooklet (BuUoch), Ga.
As caUed for by the Superintendent of Banks

H.M. ROBERTSON, JR., President. Date of Charter: 2-4-1948
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities ..... Securities of other U.S. Government
agencies and corporations .... Ob~t!ons of States and political sul>-
divisions ........... Other securities including corporate
stocks ............ Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseU . Otherloans .......... Bank premises, furniture and f"IXtures,
and other assets representing bank premises .......... Real estate owned other than bank premises ............ Customer's Hsbility to this bank on acceptances outstanding ..... Other assets ..............
Total Assets ...........

$ 453,530.38 1,018,344.50 450,000.00 25,000.00 None None None 1,436,439.03
141,870.13 None None
6,863.16
$ 3,532,047.20

BILLY G. TYSON, Cashier.
Began Business: 2-17-1948

LIABILmES
Demand deposits ............... Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sul>-
divisions ................ Deposits of banks .............. Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other Hsbilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock .............. Surplus .................... Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

$ 1,387,433.46 1,574,841.50 11,765.01
154,158.08 None
15,242.80
None None None
None None 14,892.38 None None 50,000.00 225,000.00 83,606.35 15,107.62
$ 3,532,047.20

STATEMENT Showing condition at the close of business December 31, 1969, of
BROXTON STATE BANK Broxton (Coffee), Ga.
As caUed for by the Superintendent of Banks

L.G. SUMMERLIN, President. Date of Charter: 8-4-1966
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ..... Ob~~'!ons of States and political sul>-
dJYISIOns .
Other securities including corporate stocks ................
Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... Other assets ...............
Total Assets ..............

$ 336,434.08 185,688.18 None None None None 350,000.00 977,665.13
67:17.54 None None
909.28
$ 1,918,674.21

MAYO CURRIN, Cashier.
Began Business: 9-1-1966

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sul>-
diviSions ................... . Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other Hsbilitics for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other Hsbilitics ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus .................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

762,203.58 619,167.23
4,191.58
328,910.29 None
6,681.82
None None None
None 7,500.00 4,629.82
None None 75,000.00 90,000.00 20,389.89 None
$ 1,918,674.21

FIFTIETH ANNUAL REPORT

27

STATEMENT Sl:owing condition at the close of business December 31, 1969, of
HARALSON COUNTY BANK Buchanan (Haralson), Ga.
As called for by the Superintendent of Banks

HARDY McCALMAN, President. Date of Charter: 3-3- I909
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Ob~t!ons of States and political sub-
divisions ............... Other securities including corporate
stocks ............... Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU Other loans .............. Bank premises, furnirure and fiXtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ....... Other assets ................... .
Total Assets .................

s 993,865.33 488,036.25 375,000.00 533,356.53 None None 1,100,000.00 2,208,221.60
33,021.29 None None
252.00
s 5,731,753.00

JAMES BROWN, Cashier.
Began Business: 3-4-1909

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... Dep~~!" of States and political sub-
diVISions ................ Deposits of banks .............. Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock .............. Surplus ...................... . Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

s 2,741,348.64 1,601,080.26 88,625.48
582,681.38 15,000.00
273,567.95
None None None
None None 44,186.49 None None 40,000.00 100,000.00 100,000.00 145,262.80
s 5,731,753.00

STATEMENT Showing condition at the close of business December 3 I, 1969, of
BUENA VISTA LOAN & SAVINGS BANK Buena Vista (Marion), Ga.
As called for by the Superintendent of Banks

CLARKE W. DUNCAN, President. Date of Charter: 9-22-1887
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations .... Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks .................... Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. Real estate owned other than bank premises .................. Customer's liability to this bank on acceptances outstanding ....... . Other assets ..................
Total Assets ................... .

s 430,345.28 784,714.62 275,000.00 686,584.83 None None 700,000.00 2,541,392.33
25,396.00 None None None
s 5,443,433.06

ARTHUR D. LOWE, Cashier.
Began Business: 9-1-1889

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~!s of States and political sub-
diVISions ................... . Deposits of banks .............. . Certified and off~eers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances eecuted by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,801,779.50 1,818,860.19 74,799.17
930,632.45 60,000.00 23,704.16
None None None
None
1~1,460.89
51,753.75 None None
200,000.00 300,000.00
44295 None
5,443,433.06

28

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BUFORD COMMERCIAL BANK Buford (Gwinnett), Ga.
As called for by the Superintendent of Banks

FORREST PUCKETT, President. Date of Charter: 1-18-1946
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations .... Ob~t!ons of States and political sub-
divisions ................. Other securities including corporate
stocks ........ Trading account securities .... Fedeml funds sold and securities pur-
chased under 111fCCments to reseU Other loans .......... Bank premises, furniture and f"JXtures,
and other assets representing bank premises ......... Real estate owned other than bank premises . Customer's liability to this bank on a.:ceptances outstanding ... Other assets ...........
Total Assets ..............

s 1,6S2,302.48 2,SS7,9S0.40 None 481,426.0S None None 700,000.00 4,730,412.81
37,2S3.49 1.00 None
1,347.99
s 10,160,694.22

FORREST PUCKETT, Cashier.
Began Business: 2-11-1946

UABILmES
Demand deposits .......... Time and savings deposits ........ Deposits of U.S. Government .... Dep~~!' of States and political sub-
divisions .............. Deposits of banks ....... Certif"Jed and officers' checks etc. . . Fedeml funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money Mortgage indebtedness .......... Acceptances executed by or for aocount of this bonk and outstanding. Other liabilities ........... Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ........ Surplus .................. Undivided profits .............. Reserves for contingencies .....
Total Liabilities .......

S 4,3S9,6S3.00 3,80S,47S.48 142,S27.61
896,338.38 None
S2,192.86
None None None
None
217~76.0S
113,287.91 None None
200,000.00 200,000.00 173,642.93
None
s 10,160,694.22

STATEMENT Showing condition at the close of business December 31, 1969, of
THECnnzENSSTATEBANK Buder (Taylor), Ga.
As called for by the Superintendent of Banks

CHARLIE W. BRAY, President. Date of Charter: 9-4-1926
ASSETS
Cash, balances with other bonks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... Ob~~ons of States and political sub-
divisions .............. Other securities including corporate
stocks ............... Trading account securities .. Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ............. Bank premises, furniture and f"JXtures,
and other assets representing bonk premises ......... Real estate owned other than bank premises ....... , ........... . Customer's liability to this bonk on acceptances outstanding ..... Other assets ......
Total Assets ..............

s 1,016,183.S7 626,946.89 299,937.SO 492,272.2S None None None 2,949,1S4.21
2S,S88.73 6,272.90
None 4,140.66
S S,420,496.71

FAYE M. PEED,
Cashier. Began Business: 9-4-1926

LIABILITIES
Demand deposits ......... Time and savings deposits Deposits of U.S. Government ... Dep~~~s of States and political sub-
diVISions ............ Deposits of bonks ....... Certified and officers' checks etc. . . Fedeml funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for aocount of this bonk and outstanding. Other liabilities ............ Reserves on loans ........ Reserves on securities ........... Capital Notes and debentures ... Common stock .............. Surplus .............. Undivided profits ........... Reserves for contingencies ........
Total Liabilities ..........

$ 1,998,666.41 2,097,022.36 SO,SS3.4S
S87,4S4.01 None
21,462.70
None None None
None 144,578.60
3S,823.78 3,767.97
None 100,000.00 300,000.00 81,167.43
None
S S,420,496.71

FIFTIETH ANNUAL REPORT

29

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF BYROMVILLE Byromville (Dooiy), Ga.
As called for by the Superintendent of Banks

O.W. KITCHENS, JR., President. Date of Charter: 7-19-1920
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t.ions of States and political sub-
diVISJons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and rJXtures,
and oU1er assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

s 428,364.02 281,055.00 349,990.83 4,193.55 None None 300,000.00 470,883.14
15,828.96 None None
1,957.22
$ 1,852,872.72

J.D. LESTER, JR.,
Cashier. Began Business: 7-26-1920

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. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

989,237.37 640,871.42
2,693.64
70,394.80 None
10,744.31
None None None
None 12,000.00
None None None 30,000.00 50,000.00 46,931.18 None
1,852,872.72

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . OU1er loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ou !standing ....... . Other assets ...................
Total Assets ..................

s 129,264.18 400,135.97 189,900.00 13,510.98 None None 100,000.00 1,285,033.37
29,297.81 None None
10,774.98
s 2,157,917.29

H.W. PEAVY, JR.,
Cashier. Began Business: 2-4-1963

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~~s of States and political sub-
divisiOns ................... . Deposits of banks .............. Certined and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

648,686.00 916,829.93
10,446.96
255,626.44 None
27,333.87
None None None
None 94,168.77 15,898.20
None None 50,000.00 75,000.00 63,927.12 None
$ 2,157,917.29

30

DEPARTMENT OF BANKING

SfATEMENT Showing condition at the close ofbusin~ December 31, 1969, of
CAIRO BANKING COMPANY Cairo (Grady), Ga.
As called for by the Superintendent of Banks

T.R. HESTER, President. Date of Charter: 11-23-1903
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
aaencies and corporations ..... Ob~~ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under apeements to reseU Other loans ................... . Bank premises, furniture and fixtures,
and other assets representifta bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding ....... Other assets ................... .
Total Assets ................... .

$ 981,904.16 1,077,804.69 Ncme 1,734,481.45 None None 1,400,000.00 6,372,777.81
181,073.34 None None
8,252.91
$ 11,756,294.36

G.G. THOMAS, JR.,
Cashier. Began Business: 1-1-1900

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... Depo~!" of States and political sub-
divisions .................. .. Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ....... A=ptances executed by or for ..,. count of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........ Capital Notes and debentures ... Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contin&encies .......
Total Liabilities ................ .

$ 5,019,716.94 4,416,546.16 143,706.39
952,608.13 Ncme
45,006.28
None None Ncme
None 146,771.70 146,754.77
Ncme None 200,000.00 300,000.00 385,183.99 None
s 11,756,294.36

STATEMENT Showing condition at the close ofbusin~ December 31, 1969, of
CITIZENS BANK Cairo (Grady), Ga. As called for by the Superintendent of Banks

J.C. MINTER, President. Date of Charter: 12-3-1903
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ... O~~ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU Other loans .................. .. Bank premises, furniture and fixtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ....... , ........... . Customer's tiability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets ................... .

$ 814,912.12 1,031,295.09 Ncme
244,914.03
None Ncme 800,000.00 2,165,494.54
68,048.54
2.00 Ncme 6,081..69
s 5,130,748.01

LUCILLE S. MAXWELL,
Cashier. Began Business: 1-1-1904

LIABILITIES
Demand deposits ............... . Tne and savings deposits ..... Deposits of U.S. Government ....
~':.n~f ~~~~ .":':~ ~~~~~ -~~
Deposits of banks ............. .. Certified and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ........ A=ptances executed by or for ..,. count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........
Total Liabilities ................ .

s 2,248,005.32 1,931,979.29 52,710.45
364,079.29 75,192.96 31,815.18
None Ncme None
None 1,456.15 46,229.60
None Ncme 100,000.00 200,000.00 73,277.77 None
s 5,130,748.01

FIFTIETH ANNUAL REPORT

31

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS BANK OF CALHOUN Calhoun (Gordon), Ga.
As called for by the Superintendent of Banks

CHARLES E. ANDERSON, President. Date of Charter: I 2-27- I967
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Obtig~t!ons of States and potitical sub-
divtstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned otl1er tl>an bank premises ................... . Customer's tiability to tl1is bank on acceptances outstanding ....... . Otl1er assets ................... .
Total Assets ................... .

178,333.38 212,013.61
None None None None 450,000.00 711,767.59
187,070.90 None None
9,060.37
1,748,245.85

K. LAMAR THOMAS,
Cashier. Began Business: I-2- I969

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. . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for ac count of this bank and outstanding. Other tiabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock ............... Surplus ...................... . Undivided profits .......... Reserves for contingencies ........ .
Total Liabitities ..............

630,707.51 444,524.25
26,921.55
157,736.04 None
26,274.08
None None None
None 82,374.54
4,913.00 None None
200,000.00 150,000.00 24,794.88
None
1, 748,245.85

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF CAMILLA Camilla (MitcheU), Ga. As caUed for by the Superintendent of Banks

RAYMOND T. MUGGRIDGE, JR., President. Date of Charter: I 1-4-1889

ASSETS
Cash, balances with other banks, and
cash items in process of coUection U.S. Treasury securities . . . . . . . . Securities of other U.S. Government
agencies and corporations . . . . . . Obti.~t!ons of States and potitical sub-
diVISions . . . . . . . . . . . . . . . . . . . Other securities including corporate
stocks . . . . . . .. . . .. . .. . Trading account securities . . . . . . . . . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans . . . .. . . .. .. . .. .. .. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises . . . . .. . .. . . . Real estate owned other than bank premises .. .. .. .. .. .. .. Customer's tiability to this bank on acceptances outstanding . . . Other assets .. .. .. . . . . .. ..

808,793.36 973,940.00
150,000.00
1,278,579.77
None None
None 3,603,096.92
109,546.59
None
None None

Total Assets . . . . . . . . . . . . . . . . . . . S 6,923,956.64

MRS. LORA D. STARK, Cashier.
Began Business: 1-2-1890

LIABILITIES
Demand deposits ............... . Time and savings deposits ..... Deposits of U.S. Government ... Dcp!l~~s of States and potitical sub-
dlvtSJons ................... . Deposits of banks .............. . CertiflCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other tiabititics for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ac count or this bank and outstanding. Other tiabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ................. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ............

2,193,243. 73 2,876,405.96
25,606.69
887,953.09 10,500.00 50,380.19
None None None
None 143,998.85 182,717.10
None None 100,000.00 400,000.00 53,151.03 None
6,923,956.64

32

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
PLANTERS & CITIZENS BANK Camilla (MitcheU), Ga.
As caUed for by the Superintendent of Banks

JOE B. ADAMS, President. Date of Charter: 9-20- I904
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diviuons .................. Other securities including corporate
stocks ................ Trading account securities .... Federal funds sold and securities pur-
chased under 118JCCments to resell Other loans .............. Bank premises, furniture and fJXtures,
and other assets representing bank premises ............. Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ..... Other assets ...............
Total Assets .................

s 1,034,065.52 925,027.50 None 1,829,331.75 None None 1,600,000.00 5,199,296.06
215,715.51 None None None
$ 10,803,436.34

JOE B. ADAMS, Cashier.
Began Business: 5-24-1913

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diviSions .................. Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities .............. Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures .... Common stock .... Surplus ................. Undivided profits ........... Reserves for contingencies ........ .
Total Liabilities ...........

$ 3,310,234.00 4,734,627.47 717,064.70
1,047,731.37 None
99,687.80
None None None
None 71,386.26 205,833.28
None None 250,000.00 300,000.00 66,871.46 None
$ 10,803,436.34

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF CANTON Canton (Cherokee), Ga. As caUed for by the Superintendent of Banks

E.O. McFATHER, President. Date of Charter: 11-17-1892
ASSETS
Cash, balances with oU1er banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ................... Trading account securities ....... Federal funds sold and securities pur-
chased under 118JCCments to resell . Other loans ................. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances ou!standing ....... . Other assets .................
Total Assets .............

s 1,246,398.41 3,093,310.55 528,015.63 2,183,740.67 None None
500,000.00 6,536,628.73
83,458.13 None None
2,241.00
s 14,173,793.12

MARY JANE WHITMIRE,
Cashier. Began Business: 12-18-1892

I:IABILITIES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
divisions ................... Deposits of banks ............ Certifted and offtcers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ................. Undivided profits .............. . Reserves for contingencies 0 o
Total Liabilities ..............

s 4,642,555.23 5,897,654.19 159,829.51
1,009,804.59 39,883.59 55,453.12
None None None
None 650,730.12 273,284.34 153,032.78
None 400,000.00 600,000.00 291,565.05
None
s 14,173,793.12

FIFTIETH ANNUAL REPORT

33

STATEMENT Showing condition at the close of business December 31. 1969, of
ETOWAH BANK Canton (Cherokee), Ga. As called for by the Superintendent of Banks

H.G. VANDIVIERE, President. Date of Charter: 1-22-1927
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ................ Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned oUter Utan bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ...... OUter assets ................
Total Assets ................... .

$ 1,202,750.21 2,581,663,26 650,000.00 1,697,826.37 None None 500,000.00 6,887,126.41
534,058.99 None None None
14,053,425.24

HOLLIS Q. LATHEM, Cashier.
Began Business: 1-29-1927

LIABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government ... Dcp~~~ of States and political sul>-
divtSions ................... . Deposits of banks ........ Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of Utis bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock .............. Surplus ..................... Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ................ .

$ 4,591,325.96 6,657,244.90 68,042.17
807,288.94 44,198.15 32,027.41
None None None
None 364,114.71 128,638.96
2,593.70 None
250,000.00 1,000,000.00
107,950.34 None
$ 14,053,425.24

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances wiUt other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISIOns .................
Other securities including corporate stocks ................
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcseU . OUter loans ................ Bank premises, furniture and fiXtures,
and other assets rcprc9Cnting bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ...............
Total Assets ................

s 338,386.41 421,480.77 125,078.13 943,305.49 None None 150,000.00 2,259,236.08
45,288.41 None None None
$ 4,282,775.29

GORDON M. TELFORD, Cashier.
Began Business: 8-1-1960

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. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances eecuted by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. . Reserves on sccurities ........... . Capital Notes and debentures ..... Common stock ................ Surplus ..................... Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ................ .

1,542,025.19 1,942,029.22
11,791.54
358,015.90 None
44,824.58
None None None
None 47,543.71 48,656.71
None None 50,000.00 75,000.00 112,888.44 50,000.00
$ 4,282,775.29

34

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE PEOPLES BANK Carrollton (Carroll), Ga. As called for by the Superintendent of Banks

ROY RICHARDS, President. Date of Charter: I l-l 0-1 909
ASSETS
Cash, balances with oUter banks, and cash items in process of collection .
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diVISIOns .. , ........
Other securities including corporate stocks .................... ..
Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rescU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other U1an bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ..... OU1cr assets .................. ..
Total Assets ................... .

s 1,549,957.48 2,619,763.54 200,000.00 1,311,143.19 None None 1,150,000.00 7,216,480.73
182,118.00 None None None
s 14,229,462.94

FRED HUTCHINS,
Cashier. Began Business: 12-1-1909

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!" of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold u ndcr agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of Utis bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 8,965,251.34 2,144,763.12 156,211.03
994,843.87 51,424.30
7,444.77
None None None
None 490,582.96 164,169.55
None None 300,000.00 500,000.00 50,000.00 404,772.00
s 14,229,462.94

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CARTERSVILLE BANK Cartersville (Bartow), Ga.
As called for by the Superintendent of Banks

JOHN S. NEWMAN, President. Date of Charter: 12-20-1947
ASSETS
Cash, balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~~'!ons of States and political sub-
dJYJSions ................... . OUter securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell . OU1er loans .................. .. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned oU1er U1an bank premises ................... Customer's tiability to U1is bank on acceptances outstanding ....... OUter assets .................
Total Assets ..................

s 994,306.21 1,765,405.95 None 778,906.84 None None None 5,556,094.26
308,479.19 None None
80,958.88
$ 9,484,151.33

HUGH I. JACKSON, Cashier.
Began Business: I 1-19-1948

LIABILITIES
Demand deposits ............... . Time and savings deposits ....... Deposits of U.S. Government ... Dcp.o~~ of States and potitical sub-
d.iYJSions ................... . Deposits of banks ............ CertiflCd and officers' cl1ecks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ............... .. Surplus ..................... .. Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ................ .

3,280,072.46 3,361,580.32
118,452.89
1,222,695.16 None
38,368.28
None None None
None 557,906.64
82,225.00 15,839.60 150,000.00 300,000.00 320,000.00 22,010.98 15,000.00
9,484,151.33

FIFTIETH ANNUAL REPORT

35

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF CAVE SPRING Cave Spring (Floyd), Ga. As caUed for by the Superintendent of Banks

H.E. MIZE, President. Date of Charter: 12-15-1966
ASSETS
Cash, balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... Obli~ations or States and political sub-
divisions ................... Other St."Curitics including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................. Bank premises. furniture and fixtures,
and other assets rcprc~nting bank rrcmiscs ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... Other assets ..................
Total Assets ...................

152,062.86 205,444.54 49,562.50
None
None None 100,000.00 697,261.82
38,708.38 None
None 506.91
1,243,547.01

GUY ATKINS.
Cashier. Began Business: 6-15-1967

LIABILITIES
Demand deposits ............... Time and savings deposits ........ Deposits or U.S. Govcrruncnt ..... . Deposits of States and political sub-
divisions ............... Deposits or banks .............. Certified and officers' checks etc. . . Federal runds purchased and securities
sold u ndcr agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count or this bank and outstanding. Other liabilities ............... Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........
Total Liabilities ...............

358,400.90 621,382.20
24,038.26
102,530.06 None
14,202.85
None None None
None None 8,660.72 None None 50,000.00 50,000.00 11,005.28 3,326.74
1,243,547.01

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS AND SOUTHERN BANK OF CHAMBLEE Chamblee (DeKalb), Ga.
As called for by the Superintendent of Banks

HUBERT L. HARRIS, President. Date of Charter: I0-91969
ASSETS
Cash, balances wiU1 other banks, and cash items in process of coUection
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obligations or States and political sub-
divisions ................... . Other securities including corporate
stocks ................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. Bank premises. furniture and fixtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

2,225,117.55 1,472,023.06
None 2,253,753.09
None None None 13,958,554.06
562,150.23
None None 106,247.10
$ 20,577,845.09

ROGER L. CROW, Cashier.
Began Business: 11-1-1969

LIABILITIES
Demand deposits ............... Tin1c and savings deposits ........ . Deposits or U.S. Government ..... . Deposits or States and political sub-
divisions ................... Deposits or banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total liabilities ................ .

9,243,532.26 6,422,161.14
353,146.67
833,410.07 None
372,350.82
None None 156,897.20
None 1,157,280.15
250,886.19 None
300,000.00 375,000.00 375,000.00 290,714.13 447,466.46
$ 20,577,845.09

36

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
PEACTHREE BANK AND TRUST COMPANY Chamblee (DeKalb), Ga.
As called for by the Superintendent of Banks

CHARLES B. GINDEN, President. Date of Charter: 3-17-1960
ASSETS
Cash. balances with other banks, and cash items in process of coUcction .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... Obligations of States and political sub-
divisions .......... Other securities including corporate
stocks .................. Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .............. Bank premises, furniture and foxtures.
and oUter assets representing bank premises ............ Real estate owned oUter Utan bank premises ............... Customer's liability to Otis bank on acceptances outstanding ...... OUter assets ..............
Total Assets ..............

s 1,681,427.75 986,557.22 500,000.00 1,758,519.50 None None 800,000.00 9,902,502.37
489,990.81 None None
135,200.04
s 16,254,197.69

W.R. WATKINS,
Cashier. Began Business: 5-6-1960

LIABILITIES
Demand deposits ............ Time and savings deposits ........ Deposits of U.S. Government ... Dep~~!' of States and political sul>-
divtSions .............. Deposits of banks ......... Certified and officers' checks etc. .. Federal funds purchased and securities
sold u ndcr agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of Otis bank and outstanding. OUter liabilities ............... Reserves on loans .......... Reserves on securities ........... Capital Notes and debentures ..... Common stock ............ Surplus ................... Undivided profits ......... Reserves for contingencies ........
Total Liabilities .........

s 7,844,904.26 5,015,380.01 90,959.16
1,246,877.99 None
177,837.79
None None 146,871.92
None 532,715.85 117,371.68
10,706.53 None
300,000.00 450,000.00 320,572.50
None
16,254,197.69

STATEMENT Showing condition at the close of business December 31, 1969, of
COHUTTA BANKING COMPANY Chatsworth (Murray), Ga.
As called for by the Superintendent of Banks

TOM W. GREESON, President. Date of Charter: 7-17-1905
ASSETS
or Cash, balances wiUt other banks, and casJt items in process collection U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ..... Ob~~'!ons of States and political sul>-
diVJSlons Other securities including corporate
stocks ................. Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell . OUter loans .................. Bank premises, furniture and foxtures,
and other assets representing bank premises ............ Real estate owned oUter Utan bank premises .............. Customer's liability to Otis bank on acceptances outstanding ....... OUter assets ................
Total Assets ................

$ 877,071.53 1,855,464.63 300,000.00 594,722.42 None None
1,200,000.00 4,388,871.27
103,500.00 None None None
s 9,319,629.85

FRANCES HEARTSELL,
Cashier. Began Business: 1-24-1906

LIABILITIES
Demand deposits ............. Tinte and savings deposits ....... Deposits of U.S. Government ..... Deposits of States and political sub-
divisions ................... Deposits of banks ......... Certiftcd and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilitics ........... Reserves on loans ............ Reserves on securities ........... Capital Notes and debentures .... Common stock .............. Surplus .................. Undivided profits .............. Reserves for contingencies .......
Total Liabilities ...............

s 3,807,522.69 3,557,667.42 225,681.43
568,633.71 None
113,246.55
None None None
None 63,756.31 104,613.38
None None 325,000.00 475,000.00 17,000.00 61,508.36
9,319,629.85

FIFTIETH ANNUAL REPORT

37

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF CHESTER Chester (Dodge), Ga. As called for by the Superintendent of Banks

S.M. NICHOLSON, President. Date of Charter: 6- I4-I966
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obti.~t!ons of States and potitical sub-
divtstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's tiability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

284,286.69 74,960.94 55,000.00
None None None
None 436,714.49
15,679.91 None
None 546.15
s 867,188.18

JOANN BRANCH,
Cashier. Began Business: 9-26-1966

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
diVISions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 286,982.61 291,228.41 None
160,177.47 None
5,289.14
None None None
None 21,889.84
2,412.85 None None
50,000.00 25,000.00 24,207.86
None
s 867,188.18

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations Obli.~t!ons of States and political sub-
drvtslons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's tiability to this bank on acceptances outstanding Other assets ................... .
Total Assets ................... .

s 749,990.84 751,240.44 1,171,250.00 1,331,209.84 None None 500,000.00 2,219,890.89
92,215.19 None None None
s 6,815,797.20

N. COLLINS WRIGHT, Cashier.
Began Business: 5-10-1910

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_osi~s of States and political sub-
dJVJSJons ................... . Deposits of banks .............. . CertifiCd and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances eecutcd by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 1,885,053.31 3,260,350.38 261,837.09
783,536.55 None
11,518.40
None None None
None 9,491.56 74,937.08
None None 100,000.00 200,000.00 169,072.83 60,000.00
s 6,815,797.20

38

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
HABERSHAM BANK Oarkesville (Habersham), Ga. As called for by the Superintendent of Banks

TOM ARRENDALE, President. Date of Charter: 5-13-1904
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations .... Ob~~t!ons of States and political sub-
divisions ............ Other securities including corporate
stocks .............. Trading account securities .... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ............ Bank premises, furniture and fixtures,
and other assets representing bank premises ......... Real estate owned other than bank premises .... . Customer's liability to this bank on acc::eptanc::es outstanding ..... Other assets ..............
Total Assets ..........

$ 439,804.83 820,461.10 377,829.05 374,712.50 None None
700,000.00 3,747,909.00
236,053.70 13,902.30 None None
$ 6,710,672.48

JULIAN C. HESTER,
Cashier. Began Business: 5-1904

LIABILmES
Demand deposits ............... . Time and saviJI8S deposits ........ . Deposits of U.S. Government ..... . Dep?~!S of States and political sub-
diviSions ................ Deposits of banks ........... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............. ReseJYes on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock .............. Surplus ..................... Undivided profits ......... ReseJYes for contingencies ........ .
Total Liabilities .............

$ 2,885,733.37 2,777,020.15 65,429.36
196,378.10 None
97,125.38
None None None
None 15,339.81 71,200.02
None None 125,000.00 375,000.00 102,446.29 None
$ 6,710,672.48

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CLAXTON BANK Oaxton (Evans), Ga.
As called for by the Superintendent of Banks

H.C. HEARN, JR., President. Date of Charter: 2-24-1941
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... Obli.~'!ons of States and political sub-
divlstons ............... Other securities including corporate
stocks .............. Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseU Other loans .................. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acc::eptanc::es outstanding ...... Other assets ................
Total Assets ............

$ 928,864.76 478,661.22 599,875.00
1,846,079.51 None None
300,000.00 3,610,S50.66
227,715.76 None None
2,068.11
$ 7,993,815.02

AUBREY STRICKLAND, Cashier.
Began Business: 2-24-1941

LIABILITIES
Demand deposits ............ Time and savings deposits ....... Deposits of U.S. Government ..... . ~~!s of States and political sub-
divisions .................. Deposits of banks .......... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptanc::es executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............... Surplus .................. Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,845,954.69 3,341,640.90 171,122.50
687,708.63 25,000.00 23,279.69
None None None
None 124,389.04
79,188,33 None None
200,000.00 400,000.00
95,531.24 None
7,993,815.02

FIFTIETH ANNUAL REPORT

39

STATEMENT Showing condition at the close of business December 31, 1969, of
TIPPINS BANK & TRUST COMPANY aaxton (Evans), Ga.
As called for by the Superintendent of Banks

H.F. LAWS, JR., President. Date of Charter: 8-30.1940
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions ................... Other securities including corporate
stocks Trading account securities ........ Federal funds sold and securities pur
chased under apeements to resen . Other loans ................. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................. Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 446,828.65 573,460.31 100,000.00 648,006.10 None None 100,000.00
3,354,071.74
32,134.83 16,558.25
None None
$ 5,271,059.88

FRANCES T. LAWS, Cashier.
Began Business: 9-3-1940

LIABILmES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diVISIOns ................... Deposits of banks ............. Certified and ofr.cers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1, 765,392.60 2,535,006.56
31,028.20
180,436.00 2,000.00
45,248.43
None None None
None 187,425.24 45,793.85
None None 270,000.00 100,000.00 108,729.00 None
$ 5,271,059.88

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF CLAYTON Qayton (Rabun), Ga. As caUed for by the Superintendent of Banks

A.W. ADAMS, President. Date of Charter: 6-3-1904
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~'!ons of States and political sub-
dmSions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur-
chased under apeements to resen . Other loans .................. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................. Customer's tiability to this bank on acceptances ouIslanding ....... . Other assets ................... .
Total Assets ................... .

653,079.10 608,791.25 1,159,983.21 1,066,167.19
5,000.00 None
500,000.00 4,427,419.90
201,564.73 None None
17,760.58
$ 8,639,765.96

JAMES R. PARRISH,
Cashier. Began Business: 7-1-1904

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!S of States and political sub-
diVJSions ................... . Deposits of banks .............. . Certified and ofr.cers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

3,203,048.41 3,348,352.47
71,325.18
780,979.71 10,000.00 50,463.45
None None None
None 494,991.83
98,280.10 5,185.88 None
100,000.00 150,000.00 202,138.93 125,000.00
8,639,765.96

40

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE PEOPLES BANK Oeveland (White), Ga. As called for by the Superintendent of Banks

J.L. NIX, President. Date of Charter: 12-11-1945
ASSETS
Cash, balances with other banks, and cash items in process of collection .
~~~=suo?' :,~tiJs." ~;,;.;.~~i agencies and corporations ..... O~t!ons of States and political suO-
divisions ......... Other securities including corporate
stocks .......... Trading account securities ...... Federal funds sold and securities pur
chased under apeements to reseU . Other loans ............ Bank premises, furniture and fiXtures,
and other assets representing bank premises .. Real estate owned other than bank premises ... Customer's liability to this bank on acceptances outstanding .... Other assets .......
Total Assets ............

$ 1,032,552.10 1,415,898.85 615,016.56 75,000.00 None None None 4,976,966.32
44,934.95 None None 15.56
$ 8,160,384.34

LINDA H. BROWN,
Cawer. Began Business: 7-1-1946

LIABILITIES
Demand deposits ............... Time and savinp deposits ........ Deposits of U.S. Government ..... . Dep~~~ of States and political sul>-
divisaons .............. Deposits of banks .......... Certified and offiCers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortp&e indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans ............. Reserves on securities .......... Capital Notes and debentures .... Common stock ........... Surplus ..................... Undivided profits ........... Reserves for contingencies ......
Total Liabilities ......

$ 2,372,491.86 4,016,271.45 61,820.08
971,391.71 None
24,658.45
None None None
None None 111,760.33 None No110 140,000.00 210,000.00 251,990.46 None
$ 8,160,384.34

STATEMENT Showing condition at the close of business December 31, 1969, of
COOK BANKING COMPANY Cochran (B1ecldey ), Ga.
As called for by the Superintendent of Banks

J. LUTHER HORNE, President. Date of Charter: 4-24-1942
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ..... Ob~~ons of States and political suO-
divisions .............. Other securities including corporate
stocks ............... Trading account securities .... Federal funds sold and securities pur
chased under agreements to reseU Other loans ............... Bank premises, furniture and fiXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises ............ Customer's liability to this bank on acceptances outstanding ....... Other assets .............
Total Assets ...............

$ 546,011.24 592,902.65 395,000.00 653,963.57 None None 200,000.00
3,358,491.97
54,880.52
I None
None 18,127.52
$ 5,819,377.47

MRS. ELIZABETH ATIAWAY, Cashier.
Began Business: 7-1-1942

LIABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government .... Dep!'~~ of States and political suO-
divisions ............... Deposits of banks ............ Certified and offiCers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortp&e indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities .......... Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures ..... Common stock ; ............ Surplus .................... Undivided profits ......... Reserves for contingencies .......
Total Liabilities ................ .

$ 2,240,086.78 2,648,141.81 43,365.89
405,769.68 None
2,856.08
None None None
None 115,986.46 48,585.17
None None 90,000.00 200,000.00 24,585.60 None
$ 5,819,377.47

FIFTIETH ANNUAL REPORT

41

STATEMENT Showing condition at the close of business December 31, 1969, of
STATE BANK OF COCHRAN Cochran (Bleckley), Ga.
As called for by the Superintendent of Banks

L.D. GRIFFIN, President. Date of Charter: 12-22-1921
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Otherloans .................. .. Bank premises, furniture and r"'tures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

623,494.11 1,069,099,03 1,307,370.31 1,746,396.9!
None None None 3,277,883.21
27,153.88 None None
3,172.00
8,054,569.45

T.E. HOWELL, Cashier.
Began Business: 1-5-1922

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diVISions .................. .. Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

2,002,463.09 3,285,656.65
66,395.34
1,734,694.29 None
44,207.49
None None None
None 166,791.35
52,153.95 2,999.80 None
150,000.00 350,000.00 189,207.49
10,000.00
8,054,569.45

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF COLLEGE PARK College Park (Fulton), Ga. As called for by the Superintendent of Banks

L. SCOTT WATSON, President. Date of Charter: IQ-3-1945
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli,~'!ons of States and political sub-
dtvtstons ................... . Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

2,087,565.71 1,135,260.00
342,439.50 2,630,405.91
None None 1,000,000.00 5,222,302.90
305,999.04 75,000.00 None 113,362.50
$ 12,912,335.56

MAX LANIER, Cashier.
Began Business: 1-7-1946

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~s of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certirted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Aa:eptances executed by or for account of this bank :md outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stoc~i ............... .. Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

5,418,336.81 4,244, 735.18
84,234.67
1,489,515.64 25,000.00 96,470.67
None None None
None 334,924.80 103,565.76
None None 340,000.00 470,000.00 305,552.03 None
$ 12,912,335.56

42

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
CITlZENSBANK Colquitt (Miller), Ga. As called for by the Superintendent of Banks

G.C. JINKS, SR., President. Date of Charter: 3-24-1924
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .. Securities of other U.S. Government
agencies and corporations .... Ob~!ons of States and political sub-
divisions ......... Other securities including corporate
stocks ............... Trading account securities ..... Fedemf funds sold and securities pur-
chased under agreements to resell . Other loans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ............. Real estate owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on acceptances outstanding ....... Other assets ...........
Total Assets ...........

1,081,321.06 460,478.75 850,000.00 784,178.79 None None 400,000.00
6,255,616.45
49,809.69 None None None
$ 9,881,404.74

G.C. JINKS, JR.,
Cashier. Began Business: 4-21-1924

UABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government ..... Deposits of States and political subDedpiovsisitisonosf~;::::::::::::::: CertifJOd and officers' checks etc. ... Federal funds purchaJOd and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortp&e indebtedness ......
Acceptances executed by or for ao-
count of this bank and outstanding.
CORRaetephsseieetrrnavlleeisNsaboooinnltietlssioeeaacsnundsritdieesbe~~;: :::::
Common stock ............ Surplus ....................
Undivided profits
Reserves for contingencies .......
Total Liabilities ......

$ 3,646,336.86 3,716,855.39 47,372.05
1,004,363.38 None
495,267.20
None None None
None 56,661.37 75,704.77 100,000.00
None 200,000.00 350,000.00
88,843.72 100,000.00
$ 9,881,404.74

STATEMENT Showing condition at the close of business December 31, 1969, of
COLUMBUS BANK AND TRUST COMPANY Columbus (Muscogee), Ga.
As called for by the Superintendent of Banks

C.W.CURRY, President. Date of Charter: 12-24-1888
ASSETS Cash, balances with other banks, and
cash items in process of collection U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations .... O~~ons of States and political sub-
divisions ................ Other securities including corporate
stocks ........... Trading account securities ..... Federal funds sold and securities pur
chased under agreements to resell Other loans ........... Bank premises, furniture and faxtures,
and other assets representing bank premises ...... Real estate owned other than bank premises Customer's liability to this bank on acceptances outstanding ... Other assets ..........
Total Assets ...........

$ 22,778,977.47 6,380,344.82 1,299,906.25
15,212,336.45 285,437.50 None None
56,568,739.70
2,894,578.28 None
7,000.00 1,427,408.22
$106,854,728.69

HOWARD R. PARK, JR., Cashier.
Began Business: 4-1-1889

LIABILITIES
Demand deposits .......... Time and savings deposits ........ Deposits of U.S. Government ..... . Dep_o~!S of States and political sub-
divisions ................ Deposits of banks ........ CertifiCd and officers' checks etc. . .. Federal funds purchaJOd and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money Morlp&e indebtedness .......... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities .............. Reserves on loans ........ Reserves on securities ....... Capital Notes and debentures ..... Common stock ............. Surplus .................. Undivided profits ............. Reserves for contingencies ........
Total Liabilities ...............

$ 33,233,405.18 37,769,091.19 1,219,496.08
13,404,582.66 3,261,581.67
291,270.48
1,000,000.00 2,000,000.00
750,000.00
7,000.00 3,272,446.33 1,239,4~.;:.!
None 2,945,250.00 4,554, 750.00 1,742,551.05
163,810.91
$106,854,728.69

FIFTIETH ANNUAL REPORT

43

STATEMENT ShowiJlg condition at the close of business December 31, 1969, of
TRUST COMPANY OF COLUMBUS Columbus (Muscogee), Ga.
As called for by the Superintendent of Banks

FRANK MORAST, JR.,
President. Date of Charter: 3-19-1954
ASSETS
Cash. balances with other banks, and. cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obtig~t!ons of States and potitical sub-
diviSions ................... . Other securities including corporate
stocks ............... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans ................... Bank premises, furniture and fixtures.
and other assets representing bank premises ................... . Real estate owned oU1cr U1an bank premises ................... . Customer's tiability to U1is bank on acceptances outstanding ....... . OU1er assets .................
Total Assets ...................

973,394.00 1,300, 799.88
50,000.00 846,919.21
1.00 None 3,400,000.00 4,118,043.93
337,139.48 11,588.88 None 33,352.61
$ 11,071,238.99

PAULINE A. FRANKE, Cashier.
Began Business: 3-19-1954

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. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for ac count of this bank and outstanding. Other tiabilitics ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock ................ Surplus ...................... . Undivided profits ......... Reserves for contingencies ........ .
Total Liabilities ............

$ 4,174,793.30 2,024,514.30 105,712.40
3,324,387. 75 None
81,324.82
None None None
None 473,966.67
46,062.98 None None
100,000.00 400,000.00 245,475.77
95,001.00
$ 11,071,238.99

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and potitical sub-
diYtSJons ................... . Other securities including corporate
stocks ............. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ............... Bank premises, furniture and faxtures,
and other assets representing bank premises ................... . Real estate owned oU1er than bank premises ................... . Customer's Dability to U1is bank on acceptances outstanding ...... Other assets ............
Total Assets ............

$ 390,091.10 733,382.32 425,000.00 591,769.47 None None 75,000.00
1,035,385.90
7,849.79 None None
3,408.68
$ 3,261,887.26

MRS. M.D. BOOTH, Cashier.
Began Business: 10-10-1935

LIABILITIES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ..... . Deposits of States and potitical sub-
divisions ............ Deposits of banks ... Certified and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ................. Other tiabititics for borrowed money . Mortgage indebtedness ...... Aa:eptances executed by or for account of this bank and outstanding. Other tiabilities ...... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures . Common stock ........... Surplus ............... Undivided profits ......... Reserves for contingencies ........ .
Total Liabilities ...........

1,688,95 3.93 554,901.62 43,361.96
488,004.69 None
55,530.76
None None None
None None 38.623.01 None None 50,000.00 100,000.00 182,511.29 60,000.00
3,261,887.26

44

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions .................. Other securities including corporate
stocks ................. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU Other loans ............... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................. Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ....... . Other assets ................
Total Assets ...............

$ 1,173,532.55 1,056,404.13 None 526,595.88 5,500.00 None None 3,108,500.87
131,094.62 None None
6,940.33
$ 6,008,568.38

GRACE M. SANDERS, Cashier.
Began Business: 1892

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~!S of States and political sub-
diviSions ................... Deposits of banks ........... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans ............. Reserves on securities ........ Copital Notes and debentures ..... . Common stock .............. Surplus ...................... . Undivided profits .............. Reserves for contingencies ........
Total Liabilities ............

2,260,097.24 2,642,399.34
59,017.80
424,809.18 None
68,339.35
None None None
None 144,005.40 50,900.07
None None 150,000.00 150,000.00 51,000.00 8,000.00
s 6,008,568.38

STATEMENT Showing condition at the close of business December 31, 1969, of
CONCORD BANKING COMPANY Concord (Pike), Ga.
As called for by the Superintendent of Banks

R.H. STRICKLAND,SR., President. Date of Charter: I0-29-1903
ASSETS
Cosh, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
OFncies and corporations .... Ob~'!ons of States and political sub-
divJuons ............ Other securities including corporate
stocks ................ Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ................ Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ... Other assets ..............
Total Assets ................

$ 207,891.34 254,850.00 170,375.00 None None None 100,000.00 101,193.47
2,734.22 1.00 None None
s 837,045.03

MRS. KATHRYN BARKER, Cashier.
Began Business: 11-18-1903

LIABILmES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~!' of States and political sub-
diviuons .................. Deposits of banks ........... Certified and off'Jcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans ............. Reserves on securities ......... Capital Notes and debentures ..... Common stock .............. Surplus ............... Undivided profits ........... Reserves for contingencies ........ .
Total Liabilities ...............

s 376,620.33 268,500.00 4,147.94
122,775.40 None
2,250.60
None None None
None None 4,878.30 None None 25,000.00 25,000.00 7,872.46 None
s 837,045.03

FIFTIETH ANNUAL REPORT

45

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS AND SOUTHERN BANK OF ROCKDALE Conyers (Rockdale), Ga.
As caRed for by the Superintendent of Banks

J.P. CULPEPPER, JR.,
President. Date of Charter: I 0- I 5- I89 I
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities or other U.S. Government
agencies and corporations ...... . Obli.~t!ons or States and political sub-
divJstons ................... . Other securities including corporate
stocks ............... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rcscU . Other loans 00 00 00 00 oo oo oo oo oo Bank premises. furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 907,155.30 1,690,709.26 None 1, 700,870.86 9,000.00 None None 8,158,731.42
309,819.91 8,401.81 None
41,583.34
12,826,271.90

CHAS. R. STANLEY, Cashier.
Began Business: 6-1901

LIABILITIES
Demand deposits ....... 00 00 Time and savings deposits ....... Deposits or U.S. Government ..... Dcp?~!' or States and political sub-
diVISions ................... Deposits or banks oo 00 00 oo Certified and orticers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ac count or U1is bank and outstanding. Other liabilities . 00 00 oo 00 00 Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock .......... Surplus 00 00 00 oo 00 oo .oo Undivided profits ......... Reserves for contingencies ........ .
Total Liabilities 00 oo oo oo oo

$ 4,779,186.96 4,004,759.41 324,274.68
1,680,686.25 None
3,362.80
None None 76,552.69
None 429,053.68 153,162.64
53,508.05 None
500,000.00 300,000.00 206,724.74 315,000.00
$ 12,826,271.90

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS AND MERCHANTS BANK OF COOLIDGE Coolidge (Thomas), Ga.
As called for by the Superintendent of Banks

MICHEL DeLOACHE, President. Date of Charter: 12-18-191 I
ASSETS
Cash, balances wiU1 other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities or other U.S. Government
agencies and corporations ...... . Obli_~'!ons or States and political sub-
dtvtstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to rescU . Other loans . 00 00 00 00 00 00 Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned oU1er U1an bank premises ................... . Customer's liability to U1is bank on acceptances outstanding .... Other assets 00 00 00 00 . . 00 00 00 00 00
Total Assets oo oo oo oo oo

157,973.71 416,918.31 224,500.00
None None None 300,000.00 544,939.89
19,056.58 None None
3,314.12
$ 1,666,702.61

W.C. GIBSON, Cashier.
Began Business: I 1-20-191 I

LIABILITIES

Demand deposits 00 00 00 00 oo 00

Time and savings deposits ........ .

Deposits or U.S. Government ..... .

Deposits or States and political sub-

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

Deposits or banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0

CertifiCd and officers' checks etc. . .

Federal funds purchased and securities

sold under agreements to

repurchase .. 00 00 00 00 00 00 00 00

Other liabilities ror borrowed money .

Mortgage indebtedness .......

Acceptances executed by or for ac-

count or this bank and outstanding.

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

Reserves on loans ............

Reserves on securities ........... .

Capital Notes and debentures ...

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

Surplus

00 00 00 00 00000000 0000 oo.

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

Reserves for contingencies ........ .

Total Liabilities .....

759,390.68 582,054.86
3,091.83
74,554.09 None
3,245.95
None None None
None 15,640.77 17,404.73
None None 50,000.00 100,000.00 61,319.70 None
1,666,702.61

46

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ........... Trading account securities ...... Federal funds sold and securities pur
chased under agreements to rescU . Other loans ........... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding .... 001er assets ...............
Total Assets .............

$ 1,474,865.10 300,000.00 None 504,482.30 None None
2,000,000.00 5,136,304.97
63,801.15 None None None
9,479,453.52

ELIZABElH WADE,
Cashier. Began Business: 6-15-1927

LIABILITIES
Demand deposits ......... Time and savings deposits ...... Deposits of U.S. Government .... Dep?~!S of States and political sub-
diVISions ............. Deposits of banks ......... Certified and officers' checks etc. . Federal funds purchased and securities
sold u ndcr agreements to repurchase .......... Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. oo.er liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock .............. Surplus ................. Undivided profits ......... Reserves for contingencies ........ .
Total Liabilities ....

$ 6,128,974.77 2,074,582.26 114,818.54
236,920.15 None
39,764.12
None None None
None None 333,108.83 None None 100,000.00 200,000.00 251,284.85 None
9,479,453.52

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances wi01 o01er banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ............... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . 001er loans ............. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned o01er than bank premises ................... . Customer's liability to 01is bank on acceptances outstanding ..... Other assets ................
Total Assets ...............

$ 1,768,601.32 1,040,554.94 92,750.00 892,489.81 None None 1,400,000.00 4,433,806.55
72,898.09 None None 1.00
9,701,101.71

F.P.COWN, Cashier.
Began Business: 1-3-1939

LIABILITIES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ..... Deposits of States and political sub-
divisions ................ Deposits of banks ........ CertifiCd and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilitics ............... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ........... Surplus .................. Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ...............

$ 5,409,412.81 2,212,214.10 270,814.31
630,049.51 41,636.39 53,149.03
None None None
None None 237,764.11 None None 200,000.00 150,000.00 336,352.50 159,708.95
$ 9,701,101. 71

FIFTIETH ANNUAL REPORT

47

STATEMENT Showing condition at the close of business December 31, 1969, of
CORNELIA BANK Cornelia (Habersham), Ga. As caUed for by the Superintendent of Banks

C.C. KIMSEY ,JR., President. Date of Charter: 7-3-1900
ASSETS
Cash. balances with other banks. and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . ObUgations of States and political sub-
divisions ................. Other securities including corporate
stocks ..................... . Trading account securities ........ . federal funds sold and securities pur
chased under agreements to resell . Other loans ................ Bank premises, furniture and fixtures,
and other assets representing bank premises ............... Real estate owned other ~1an bank premises .................. Customer's Uabitity to ~1is bank on acceptances outstanding ...... Other assets ...................
Total Assets ...................

$ 2,010,157.46 1,113,743.15 20,000.00 1,850,654.91 74,000.00 None 300,000.00 7,310,419.87
88,595.00 4.00 None None
12,767,574.39

HENRY L. BROCK,
Cashier. Began Business: 8-4-1900

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Governrnen t ..... . Deposits of States and political sub-
divisions .......... Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other Uabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total LiabiUties ................ .

4,210,552.82 5,585,908.20
96,428.30
1,074,863.56 86,897.64 65,376.59
None None None
None 590,047.12 160.679.65
48.225.58 None
200,000.00 400,000.00 248,594.93
None
12,767,574.39

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF COVINGTON Covington (Newton), Ga.
As called for by the Superintendent of Banks

R.R. FOWLER,
President. Date of Charter: 4-10-1901
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's Uability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

1,868,253.91 4,005,477.06
None 893,173.21
None None
None 6,494,499.93
82,482.77 None None None
$ 13,343,886.88

T.H. AVERY, Cashier.
Began Business: 4-10-1901

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions .............. Deposits of banks .......... Certif~ed and officers checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabitities ................ . Reserves on loans .............. . Reserves on securities .......... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

4,692,899.52 5,200,567.49
236,161.29
1,453,883.02 None
2,044.38
None None None
None 371,773.12 415,779.79 135,682.26
None 200,000.00 400,000.00 235,096.01
None
$ 13,343,886.88

48

DEPARTMENT OF BANKING

STATEMENT Showing the condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .... Securities of other U.S. Government
aacncies and corporations ... Ob~~ons of States and political sub-
divisions .......... Other securities including corporate
stocks ..... Trading account securities ... Federal funds sold and securities pur
chased under asreemcnts to reseU Other loans ..... Bank premises, furniture and fiXtures,
and other assets representing bank premises ............ Real estate owned other than bank premises ........ Customer's liability to this bank on acceptances outstanding ... Other assets .....
Total Assets ........

$ 387,268.34 398,104.93 50,000.00 328,286.78 None None
1.oso.ooo.oo 1,952,283.71
18,601.00 None None
12,473.78
$ 4,197,018.54

JAMES A. FAUST, Cashier.
Began Business: 9-5-1924

LIABILITIES
Demand deposits ........ Time and savings deposits ... Deposits of U.S. Government .. De~~~ of States and political sub-
diVISions ..... Deposits of banks .... CertifJCd and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities ......... Reserves on loans ...... Reserves on securities ........... . Capital Notes and debentures .. Common stock ....... Surplus ............ Undivided profits ...... Reserves for contingencies ........ .
Total Liabilities .......

$ 1,541,506.37 1,783,493.33 1,358.74
473,086.32 None
18,962.91
None None None
None 102,070.81
19,912.52 None None
100,000.00 120,000.00
36,627.54 None
$ 4,197,018.54

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~~~ons of States and political sub-
dJYmons ................... . Other securities including corporate
stocks ............ Trading account securities ....... Federal funds sold and securities pur
chased under agreements to resoD . Other loans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ...... Other assets ...............
Total Assets ...............

277,670.96 398,081.26 339,984.38 114,463.83
None None 200,000.00 1,202,713.71
11,035.79 None None None
$ 2,543,949.93

E.W. REYNOLDS, Cashier.
Began Business: 1-2-1948

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. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mor)gagc indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock .............. Surplus .................. Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ..............

s 732,985.94 1,331,193.51 5,475.00
229,685.45 None
8,888.35
None None None
None None 24,030.07 None 211,691.61 50,000.00 135,000.00 26,691.61 None
$ 2,543,949.93

FIFTIETH ANNUAL REPORT

49

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF CUMMING Cumming (Forsyth), Ga. As called for by the Superintendent of Banks

ROY P. 01WELL, SR., President.
Date of Charter: 10-11-1904
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sul>-
diVISlons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and nxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

$ 1,445,880.71 1,513,262.32 None 2,236,602.96 100.00 None None 7,376,044.09
411,155.69 None None
139,301.24
$ 13,122,347.01

JIMMY S. FAGAN,
Cashier. Began Business: IQ-19-1904

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
diVISIOns ................... . Deposits of banks .............. Certified and officers' checks etc. .. Federal funds purchased and secwities
sold under agreements to repwchase .................. . OU1er liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 4,302,869.51 5,812,435.78 56,283.13
1,025,391.33 None
75,544.59
None None 238,212.54
None 400,899.53 163,100.73
None None 350,000.00 500,000.00 197,609.87 None
$ 13,122,347.01

STATEMENT Showing condition at the close of business December 31, 1969, of
FORSYTH COUNTY BANK Cumming (Forsyth), Ga.
As called for by the Superintendent of Banks

LEON BOLING, President.
Date of Charter: 6-15-1964
ASSETS
Cash, balances wiU1 other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and secwities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 958,467.35 23,000.00 233,965.12
1,309,617.67 300,000.00 None
1,500,000.00 3,169,991.61
129,800.54 None None
60,570.26
7,685,412.55

LARRY SMALLWOOD, Cashier.
Began Business: 9-26-1964

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep.o~~s of States and political sub-
diVISIOns ................... . Deposits of banks .............. CertifJCd and officers' checks etc. . .. Federal funds pwchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided pronts .............. . Rcsencs for contingencies ........ .
Total Liabilities ................ .

$ 3,186,452.91 3,199,862.99 97,439.58
326,464.70 None
34,928.56
None None None
None 200,230.65 40,287.57
None None 150,000.00 250,000.00 199,745.59 None
$ 7,685,412.55

50

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1969, of CITIZENS BANK
Cuthbert (Randolph), Ga. As called for by the Superintendent of Banks

C.O. JOHNSON, President. Date of Charter: 2-7-1938
ASSETS
Cash, balances with other banks, and cash items in process of colleetion .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations .... Ob~t!ons of States and political sub-
divisions ................. Other securities including corporate
stocks ................. Trading account securities ....... Federal funds sold and securities pur
chased under agreements to reseU . Other loans .............. Bank premises, furniture and riXtures,
and other assets representing bank premises ................. Real estate owned other than bank premises .................. Customer's liability to this bank on acceptances outstanding ....... Other assets ...............
Total Assets ...............

$ 924,551.51 1,329,039.87
1,180,787.so
382,943.53 None None None
1,905,895.45
139,480.28 None None
2,949.97
$ 5,~5,648.11

G.F. SEALY, Cashier.
Began Business: 3-1-1938

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
divisions ................. Deposits of banks .............. CertirJed and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this lxlnk and ouIslanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ..................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

2,914,834.08 1,821,146.40
51,206.26
488,255.52 20,000.00
108,764.40
None None None
None 9,508.58 23,629.52
None None 150,000.00 175,000.00 103,303.35 None
5,865,648.11

STATEMENT
Showing condition at the close of business December 31, 1969, of BANK OF DAHLONEGA Dahlonega (Lumpkin), Ga.
As called for by the Superintendent of Banks

RUSSELL IVIE, President. Date of Charter: 5-27-1914
ASSETS
Cash, balances with other lxlnks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
dJVISJons ................... Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell Other loans ................... . Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned other than oonk premises ................... Customer's liability to this bank on acceptances outstanding ....... Other assets ...................
Total Assets ................... .

$ 777,003.00 413,595.31
1,144,320.32 1,366,409.37
None None 600,000.00 4,453,738.94
94,407.06 4,300.00
None 8,008.70
$ 8,861,782.70

J.R. FIELDS, Cashier.
Began Business: 5-27-1914

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... .
~":l~n~f ~~~~~ .~~~ .P~~.~c.~ .~~
Deposits of lxlnks .............. . Certified and ofr~eers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,298,322.95 2,837,382.41 81,969.82
1,659,042.48 None
39,069.20
None None None
None 158,597.00
67,858.97 15,000.00
None 250,000.00 325,000.00 129,539.87
None
s 8,861,782.70

FIFTIETH ANNUAL REPORT

51

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions ................... . Other securities including corponte
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 636,921.28 541,002.79 85,000.00 30,216.62 None None
440,000.00 886,466.96
48,559.48 None None None
2,668,167.13

RICHARD J. CLARKE, Cashier.
Began Business: 3-15-1963

LIABILmES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S or States and political sub-
divtaons ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and ouIslanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............... .. Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,124,056.99 769,064.89 140,010.99
314,932.21 None
23,518.30
None None None
None 62,361.51 14,338.60
None None 100,000.00 70,000.00 49,883.64 None
$ 2,668,167.13

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF DALTON Dalton (Whitfield), Ga.
As called for by the Superintendent of Banks

JAMES J. COPELAND, President. DateofCharter: 12-26-1911
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Obli_~'!ons of States and political sub-
divmons .................. .. Other securities including corporate
stocks ..................... . Tnding account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceplances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 1,344,135.55 2,358,416.83 1,082,757.50 1,326,180.64 None None 600,000.00 5,988,095.76
121,922.33 None None
4,758.45
$ 12,826,267.06

MARGARET MAULDIN, Cashier.
Began Business: I 0-12-1912

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government ..... . Dep_o~!S of States and political sub-
divtSions ................... . Deposits of banks ............. .. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac coonI of this bank and ouIslanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . RcscJVcs for contingencies ........ .
Total Liabilities ................ .

4,134,348.63 5,103,390.93
328,094.50
1,628,811.36 None
91,757.52
None None None
None 479,677.24
84,226.52 None None
200,000.00 500,000.00 144,636.99 131,323.37
s 12,826,267.06

52

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
HARDWICK BANK AND TRUST COMPANY Dalton (Whitfield), Ga.
As called for by the Superintendent of Banks

F.L. WILLIAMSON, President.
DateofCharter: 2-17-1922
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities ..... Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and political sub-
divisions ........ Other securities including corporate
stocks ............. Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ......... Bank premises, furniture and fiXtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ........ Customer's liability to this bank on acceptances outstanding ... Other assets ......
Total Assets ........

$ 4,357,050.41 2,544,630.69 None 1,669,266.04 None No110 3,300,000.00
17,345,491.26
469,927.69 None
No110 9,502.06
$ 29,695,868.15

P.L. DIAMOND, Cashier.
Began Business: 2-20-1922

LIABILmES
Demand deposits ............. Time and saYings deposits ........ Deposits of U.S. Government ..... Dep~~!" of States and politieal sub-
divisions .............. Deposits of banks .......... Certified and offJCerS' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ......... Other liabilities for borrowed money . Morf&al!e indebtedness ...... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ............. Resenes on loans ......... Resenes on securities ........ Capital Notes and debentures ..... Common stock ......... Surplus .............. Undivided profits ......... Resenes for contingencies .....
Total Liabilities ........

$ 15,550,070.34 9,026,412.99 609,417.75
1,329,264.55 241,500.00 162,691.72
None None None
No110 410,881.72 276,193.00
None None 500,000.00 1,000,000.00 589,436.08 None
$ 29,695,868.15

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF DANIELSVILLE Danielsville (Madison), Ga. As called for by the Superintendent of Banks

ELCOEHUFF, President. Date of Charter: 12-11-1907
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasuzy securities ..... Securities of other U.S. Government
agencies and corporations .... Ob~~ons of States and political sub-
divisions ......... Other securities including corporate
stocks ............ Trading account securities ...... Federal funds sold and securities pur
chased under agreements to reseU . Other loans ............ Bank premises, furniture and fiXtures,
and other assets representing bank premises .......... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... Other assets .......
Total Assets ............

$ 356,309.05 988,752.53 300,000.00 136,962.18 No110 None 300,000.00 971,051.91
21,875.66 None None NoDe
$ 3,074,951.33

GEO. N. STOVALL, Cashier.
Began Business: 1-15-1908

UABILmES
Demand deposits ....... Time and saYings deposits ... Deposits of U.S. Government .... Dep~~!" of States and political sub-
diVISions ................ Deposits of banks ......... Certif10d and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ......... Resenes on loans .......... Resenes on securities ....... Capital Notes and debentures ... Common stock .......... Surplus ........... UncliYided profits ......... Resenes for contingencies ........
Total Liabilities .............

$ 1,659,661.55 501,488.97 86,406.00
407,253.28 NoDe
2,688.00
None NoDe No110
None 5,250.00 10,270.09
None No110 70,000.00 130,000.00 201,933.44 None
$ 3,074,951.33

FIFTIETH ANNUAL REPORT

53

STATEMENT Showing condition at the close of business December 31, 1969, of
THE DARIEN BANK Darien (Mcintosh), Ga. As called for by the Superintendent of Banks

EDWARD R. GRAY, JR., President. Date of Charter: I 2-8-1888

ASSETS

Cash. balances with other banks, and

........... cash items in process of collection .
U.S. Treasury securities

$ 493,255.61 922,025.89

Securities of other U.S. Government

agencies and corporations .......

None

Obtigations divisions

o.f .S.ta.t.e.s.a.n.d.p.o.t.it.ic.a.l.s.u.b.-

511,308.42

Other securities including corporate

Trasdtoincgksac~~~~j ~~ri.tie~ :::::::::

None None

Federal funds sold and securities pur

chased under agreements to reseU .

600,000.00

Other loans ....................

1,923,372.23

Bank premises, furniture and fiXtures,

and other assets representing bank

premises Real estate

ownedotherthanbank

25,001.00

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

None

~~~:

........ Customer's tiability to this bank on acceptances outstanding
Other assets

None None

~

Total Assets ...................

$ 4,474,963.15

LEWIS G. TURNER, Cashier.
Began Business: 1-24-1889

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and politieal sub-
divuiOns .................. Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

1,503,742.62 1,735,701.86
67,379.82
555,008.40 None
17,810.01
None None None
None 203,925.26
31,413.93 None None
100,000.00 100,000.00 159,981.25
None
4,474,963.15

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF DAWSON Dawson (Terrell), Ga. As called for by the Superintendent of Banks

ROGERS LOCKE,
President. Date of Charter: 6-29-191 I
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Ob~t!ons of States and political sub-
dJVtSJons ................... Other securities including corporate
stocks ..................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... Real estate owned other than bank premises .................. Customer's tiability to this bank on acceptances outstanding ....... . Other assets ...................
Total Assets ................... .

$ 934,259.61 914,734.12
500,041.70 1,154,861.11
None None None 5,531,893.39
230,176.12 None None
892.01
$ 9,266,858.06

JOHN W. BIRDSONG, Cashier.
Began Business: 7-1-191 I

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. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities .. 0 0 0 0 0 0 0 0 0 0 Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies 0 0 0 0 0 0 0
Total Liabilities ..... , .......... .

$ 2,583,569.57 4,902,144.64 45,474.44
882,585.71 None
40,546.56
None None None
None 93,878.22 121,156.95
None None 200,000.00 300,000.00 97,501.97 None
9,266,858.06

54

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF TERRELL Dawson (Terrell), Ga. As called for by the Superintendent of Banks

ROBERT T. BROWN, President. Date of Charter: 3-23-1936
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasauy securities ..... Securities of other U.S. Government
agencies and corporations .... Ob~!ons of States and poUtieal sub-
divisions ............... Other securities including corporate
stocks .......... Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .............. Bank premises, furniture and rJXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on acceptances outstanding ... Other assets .............
Total Assets ...............

$ 1,830,944.58 890,388.54 None 820,051.55 None None None
8,301,845.61
225,866.31 2,200.48 None None
$ 12,071,297.07

JIMMY C. BRIDGES, Cashier.
Began Business: 5-1-1936

LIABILmES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ..... Dep~~!" of States and poUtical sub-
divimons ................. Deposits of banks ....... CertirJOd and officers' checks etc. ... Federal funds purchased and securities
sold under agreements to repurchase .............. OOaer liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other Uabilities ................ Reserves on loans ............. Reserves on securities .......... Capital Notes and debentures .... Common stock ............ Surplus ................ Undivided profits ........ Reserves for contingencies .....
Total Liabilities ......

$ 4,153,511.54 5,958,369.12 190,336.19
504,109.00 148,858.24 109,521.78
None None None
None 111,286.24 111,093.98
None None 200,000.00 300,000.00 284,21o.98 None
$ 12,071,297.07

STATEMENT Showing condition at the close of business December 31, 1969, of
DAWSON COUNTY BANK Dawsonville (Dawson), Ga. As called for by the Superintendent of Banks

GUY W. FREEMAN, President. Date of Charter: 7-1-1953
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations .... Ob~'!ons of States and poUtical sub-
divisions ............. Other securities including corporate
stocks ............. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to resell OOaer loans ........ Bank premises, furniture and r1Xtures,
and other assets repre.,nting bank premises ........ Real estate owned other than bank premises .... , ....... Customer's Hability to this bank on acceptances outstanding .. Other assets ...........
Total Assets ..........

$ 478,793.15 173,000.00 174,470.80 144,486.29 None None 650,000.00
2,314,186.67
64,727.86 None None
62,979.00
$ 4,062,643.77

GUY W. FREEMAN, Cashier.
Began Business: 7-13-1953

LIABILmES
Demand deposits ............. Time and savings deposits .... Deposits of U.S. Government ..... Dep_o~!s of States and poUtical sub-
divisions .......... Deposits of banks .......... Certiraed and ofriCCrs' checks etc. . .. :"'ederal funds purchased and securities
sold under agreements to repurchase ............ Other liabiUtics for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabiUties ....... Re.,rves on loans .......... Rc.,rves on .,eurities ........ Capital Notes and debentures .... Common stock ............ Surplus ............. Undivided profits .......... Re.,rves for contingencies ......
Total Liabilities ............

$ 812,106.92 2,300,947.87 11,744.83
353,594.14 10,000.00 39,462.69
None 250,000.00
None
None None 40,151.46 None None 50,000.00 100,000.00 94,635.86 None
$ 4,062,643.77

FIFTIETH ANNUAL REPORT

55

STATEMENT Showing condition at the close of business December 3 I, 1969, of
THE CITIZENS AND SOUTHERN SOUTH DeKALB BANK Decatur (DeKalb) Ga.
As called for by the Superintendent of Banks

WARREN L. BERRY, President. Date of Charter: 7-1-1969
ASSETS
Cash, balances with other banks, and cash items in process of collection.
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ...... . Ob~t.ions of States and political sub-
diVISions ................... . Other securities including corporate
stocks ................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans ................... . Bank premises, furniture and riXturcs,
and other assets representing bank premises ................... . Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets .................

s 284,595.95 583,107.48 None None None None 200,000.00 1,021,057.55
82,014.64 None None
13,103.93
2,183,879.55

DAN BLACKWELL, Cashier.
Began Business: 9-18-1969

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of Stales and political sub-
divisions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of U1is bank and outstanding. OU1cr liabilities .......... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ........ Surplus ................ Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ..............

756,509.42 654,893.70
12,245.71
117,500.00 None
771.53
None None None
None 37,965.84
1,416.00 None None
300,000.00 250,000.00 52,577.35
None
2,183,879.55

STATEMENT Showing condition at the close of business December 31, 1969, of
THE FIRST BANK OF SOUTH DeKALB Decatur (DeKalb), Ga.
As called for by the Superintendent of Banks

J.C. BAGWELL,JR.,
President.
Date of Charter: 6-2-1969
ASSETS
Cash, balances with oU1er banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
diVISIOns , , , , , , .......
Other securities including corporate stocks ..................... .
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ..... Other assets .................. ..
Total Assets ................... .

s 150,856.45 49,009.72 None None None None 625,000.00 48,961.78
216,224.86 None None
6,356.52
s 1,096,409.33

M.C. AVERY, Cashier.
Began Business: 11-3-1969

LIABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government ..... Dcp.o~! of States and political sub-
diVIsions ................... . Deposits of banks ............. .. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money Mortgage indebtedness ... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................

s 297,489.70 64,302.83 26,560.36
None None 67,588.99
None None None
None 5,335.74
391.69 None None
325,000.00 275,000.00
34,740.02 None
1,096,409.33

56

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
mE 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Ob!ipt!ons of States and po6tical sub-
divisions ............. Other securities including corporate
stocks ................ Trading account securities ....... Federal funds sold and securities pur
chased under agreements to reseU . Other loans ............ Bank premises, furniture and f"JXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises ........... Customer's Uability to this bank on acceptances outstanding ...... Other assets .............
Total Assets ..............

$ 229,444.83 200,364.22 260,789.03 3,450.00
None None
100,000.00 468,271.67
7,774.37
None None None
$ 1,270,094.12

D.W. KNIGHT,JR.,
Cashier. Began Business: 2-1-1967

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... Dep?~!S of States and political sub-
divisions ............... Deposits of banks .............. Certified and officers' checks etc. ... Federal funds purchased and securities
sold under agreements to repurchase ................. Other Uabllities for borrowed money . Mortgsge indebtedness ......... Acceptances executed by Or for ..,. count of this bank and outstanding. Other Uabilitics ................ Reserves on loans .............. Reserves on securities ......... Capital Notes and debentures .... Common stock .......... Surplus ................ Undivided profits ....... Reserves for contingencies .......
Total Liabilities ..............

s 591,433.85 286,681.09 2,480.35
220,S09.2S None
13,493.03
None
None None
None
None
9,261.67 None None
55,000.00 30,000.00 56,416.19 4,818.69
$ 1,270,094.12

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies arid corporations ...
Oblip~ons of States and po6tieal subdiVISIOns ...........
Other securities including corporate stocks .............
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................ Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customcl's liability to this bank on acceptances outstanding .... Other assets ..............
Total Assets ..............

$ 1,303,051.74 379,375.43 None 24,000.00
None None None
1,717,214.16
971.38
None None None
3,424,612.71

J.W. TONEY, Cashier.
Began Business: 7-31-1945

LIABILITIES
Demand deposits ......... Time and savings deposits ....... Deposits of U.S. Government ..... . Dep_o~! of States and po6tical sub-
divisions ................ Deposits of banks .............. CertifJOd and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other 6abi6tics for borrowed money . Mortgsge indebtedness .......... Acceptances executed by or for ..,. count of this bank and outstanding. Other Uabllitics ........... Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............. Surplus ................... Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities .............

$ 1,509,389.85 1,236,996.21 11,420.76
271,200.08 50,000.00 33,374.92
None None None
None 969.73 27,377.94
None None
50,000.00 150,000.00
73,274.48 10,608.74
$ 3,424,612.71

FIFTIETH ANNUAL REPORT

57

STATEMENT Showing condition at the close of business December 31, 1969, of
COMMERCIAL STATE BANK Donalsonville (Seminole), Ga. As caUed for by the Superintendent of Banks

E.C. MOSELY,
President.
Date of Charter: I0-21-1938
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
1d corporations ...... . ons of States and poUticol subons ................... . Other securities including corporate stocks ................ Trading account securities ........ . Federol funds sold and securities pur chased under agreements to resell . Other loans ................ Bank premises, furniture and fiXtures, and oU1er assets representing bank premises ................... . Real estate owned oU1er than bank premises ............. Customer's Uability to this bank on acceptances outstanding .... Other assets ...............
Total Assets .................

$ 1,087,247.74 382,500.00 150,000.00 536,419.01 None None
1,000,000.00 2,669,187.66
275,320.33 None None
33,354.38
$ 6,134,029.12

ELLEN G. SPIER, Cashier.
Began Business: 12-16-1938

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. Federal funds purchased and securities
sold under agreements to repurchase .......... Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other Uabilities .......... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock .......... Surplus ................ Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ...........

$ 2,312,971.88 2,064,951.64 66,608.87
637,308.55 301,502.24 95,533.53
None None None
None 49,314.15 69,030.15
None None 100,000.00 350,000.00 25,238.76 61,569.35
6,134,029.12

STATEMENT Showing condition at the close of business December 31, 1969, of
MERCHANTSANDFARMERSBANK Donalsonville (Seminole), Ga.
As caUed for by the Superintendent of Banks

W. GAYLORD CUMMINGS,
President. Date of Charter: 9-24-1925
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and poUtical sub-
diVISIOns ............... Other securities including corporate
stocks ................. Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ....... , ........... . Customer's liability to this bank on acceptances outstanding ....... Other assets ..............
Total Assets ...........

$ 452,870.96 998,582.75 None 806,173.28 None None None
2,673, 738.29
82,967.42 None None
3,391.34
$ 5,017,724.04

LYNFORD 0. COOK, Cashier.
Began Business: 9-24-1925

LIABILITIES
Demand deposits ........ Time and savings deposits ...... Deposits of U.S. Government ..... Dcp_o~!s of States and political sub-
diVISIOns ............ Deposits of banks .... Certified and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money Mortgage indebtedness .... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ........... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock .......... Surplus ............... Undivided profits ............ RcscJVcs for contingencies ........ .
Total Liabilities ............

$ 1,994,040.11 1,762,277.41 24,969.61
698,381.83 None
9,310.91
None None None
None 52,244.29 39,264.27
None None 100,000.00 200,000.00 137,235.61 None
5,017,724.04

58

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
NORTHEAST COMMERCIAL BANK Doraville (DeKalb), Ga.
As called for by the Superintendent of Banks

L.M. EZELL, JR., President. Date of Charter: 3-12-1968
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Trcasucy securities .. Securities of other U.S. Government
agencies and corporations ...... Ob~g~t!ons of States and political sub-
diviSions ........... Other securities including corporate
stocks ............ Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Otlter loans ............ Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ....... Other assets ..........
Total Assets ...........

$ 676,444.60 477,013.44 None None None None 200,000.00 704,185.67
256,134.28 None None
10,816.88
2,324,594.87

ROY V. PRICE, Cashier.
Began Business: 5-5-1969

LIABILITIES
Demand deposits ........... Time and savings deposits ...... Deposits of U.S. Government ..... Dcp~~!' of States and political sub-
divtSJ.ons .................. Deposits of banks ...... Certified and officers' checks etc. . Federal funds purchased and securities
sold u ndcr agreements to repurchase .......... Otlter liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock ............. Surplus .................. Undivided profits ........ Reserves for contingencies ........ .
Total Liabilities .......

$ 866,624.06 380,525.27 226,086.85
205,698.60 None
12,600.19
None None None
None 56,710.28 2,000.00
None None 300,000.00 225,000.00 49,349.62 None
2,324,594.87

STATEMENT Showing condition at the close of business December 31, 1969, of
COFFEECOUNTYBANK Douglas (Coffee), Ga.
As called for by the Superintendent of Banks

H.L. SHANNON, President. Date of Charter: 6-19-1931
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasucy securities ...... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ................. Trading account securities ...... Federal funds sold and securities pur
chased under agreements to rcseU . Other loans ............. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets ...............
Total Assets .................

$ 634,025.53 1,960,310.86 2,413,243.75 None None None 800,000.00 2,034,757.59
156,092.49 None None None
7,998,430.22

HARVEL NORRIS, Cashier.
Began Business: 7-1-1931

LIABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government .... Deposits of States and political sub-
divisions ................... . Deposits of banks ....... Certified and offtcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock .............. Surplus ................ Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ..............

$ 3,343,909.60 2,961,637.01 100,006.11
491,908.73 73,208.13 13,127.80
None None None
None None 51,122.41 53,063.60 None 100,000.00 400,000.00 398,563.08 11,883.75
$ 7,998,430.22

FIFTIETH ANNUAL REPORT

59

STATEMENT Showing condition at the close of business December 3I, 1969, 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
ASSETS
Cash. balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obti~~tions of States and political sub-
diVISions
Other securities including corporate stocks ....................
Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................ Bank premises, furniture and nxturcs.
and other assets representing bank premises ................... Real estate owned other than bank premises ................... . Customer's tiabitity to U1is bank on acceptances outstanding ....... . OU1cr assets ..................
Total Assets ...................

1,779,858.97 2,186,684.10
None 2,892,233.37
None None None 9,373,004.45
153,491.46 None None None
$ 16,385,272.35

W.L. WILLIS,
Cashier. Began Business: 7-5-1945

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Ocp~si!' of States and political sub-
dJV1Sions ............ Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of U1is bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on sccwitics ........... . Capital Notes and debentures ..... . Common stock .......... Surplus ..................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

6,105,909.17 5,956,894.36
308,975.27
2,193,397.25 154,626.68 13,625.45
None None None
None 62,889.87 217,534.86 16,255.77
None 500,000.00 500,000.00 320,163.67
35,000.00
16,385,272.35

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances wiU1 other banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obli~t!ons of States and political sub-
diVISIOns ,
Other securities including corporate stocks ...................
Trading account securities ........ Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................ Real estate owned oU1er than bank premises .................. Customer's liability to U1is bank on acceptances outstanding ....... . OU1er assets .................. ..
Total Assets ..................

748,734.1.3 293,081.52 100,000.00 448,520.23
None None 225,000.00 4,114,353.73
131,166.55 None None
2,161.68
$ 6,063,017.84

CHARLES L. MALONE, JR., Cashier.
Began Business: 5-9-1960

LIABILITIES
Demand deposits ........... Time and savings deposits ........ . Deposits of U.S. Government ..... . Ocp~sits of States and potitical sub-
diVISions ................... . Deposits of banks .............. . Certif!Cd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances e'ecutcd by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ......... .
Total Liabilities ................ .

2,759,014.33 1,819,887.32
62,109.80
516,443.65 None
52,674.90
None None None
None 263,027.01
51,000.34 None None
281,400.00 150,000.00 107,460.49
None
6,063,017.84

60

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE COMMERCIAL BANK Douglasville (Douglas), Ga. As called for by the Superintendent of Banks

P.E. GODBOLD, JR., President. Date of Charter: 4-24- I942
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ... Ob~t!ons of States and political sub-
divisions ........ Other securities including corporate
stocks .... Trading account securities ... Federal funds sold and securities pur-
chased under agreements to reseU Otl1er loans .......... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding .... Other assets ............
Total Assets ......

$ 808,122.15 1,402,461.89 299,742.18 1,586,576.95 None None 1,000,000.00 3,506,448.49
186,523.54 None None
10,586.65
8,800,461.85

JANICE McCRAVY, Cashier.
Began Business: 5-1-1942

LIABILITIES
Demand deposits ........... Time and savings deposits ..... Deposits of U.S. Government .. Deposits of States and political sub-
divisions ................... Deposits of banks ...... Ccrtifred and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ........ Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Rcsetves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock ............ Surplus ............. Undivided profits .... Reserves for contingencies ........ .
Total Liabilities ........

$ 2,972,771.18 3,480,467.56 85,050.56
1,497,156.01 None
25,208.03
None None None
None 199,268.54 26,768.23
None None 250,000.00 200,000.00 63,771.74 None
$ 8,800,461.85

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS AND SOUTHERN BANK OF DUBLIN Dublin (Laurens), Ga.
As called for by the Superintendent of Banks

W.S. SIMMONS,
President. Date of Charter: I0-29-1928
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ............. Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to rcseU . Other loans ............. Bank premises, furniture and fixtures,
and other assets representing bank premises . . . . . . . . 0 Real estate owned other than bank premises . . . . . . . . . . . . . . 0 Customer's liability to this bank on acceptances outstanding ... Other assets ............
Total Assets ............

s 1,502,324.01 3,465,304.82 None 3,303,303.53 20,250.00 None None 16,998,505.24
207,251.16 None None
200,616.74
$ 25,697,555.50

THERON A. JERNIGAI\ Cashier.
Began Business: 11-1-1928

LIABILITIES
Demand deposits .......... Time and savings deposits .... Deposits of U.S. Government ..... Dep~~~s of States and political sub-
divtsions ................... . Deposits of banks ....... Certif!Cd and offreers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock ............. Surplus ................ Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ............

6,524,520.59 12,509,191.39
156,364.37
2,449,837.84 660,126.99 113,468.22
None None 30,569.11
None 1,428,158.96
343,704.01 2,137.50 None
300,000.00 600,000.00 394,023.61 185,452.91
$ 25,697,555.50

FIFTIETH ANNUAL REPORT

6I

STATEMENT Showing condition at the close of business December 31, 1969, 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-I9IO
ASSETS
Cash. balances witl1 other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . ObUgations or States and poUtical sub-
divisions ................... . Other securities including corporate
stot:ks .................... Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises. furniture and fi.xturcs,
and other assets representing bank prcn1iscs ................. Rlal estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

1,485,695.05 1,411,513.00 2,000,307.05
734,174.23 None None
2,000,000.00 5,935,481.46
150,521.20 None None
5,007.27
$ 13,722,699.26

RONALD BAGGETT, Cashier.
Began Business: 7-6- I910

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits or U.S. Government ..... . Deposits or Slates and political sub-
divisions ............... Deposits or banks ............ Certified and orliccrs' checks etc. . .. Federal runds purchased and securities
sold under agreements to repurchase ................. Other liabilities ror borrowed money . Mortgage indebtedness ........ A(:ccptances executed by or for ac count or this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ..............

4,492,318.26 4,713,992.65
473,815.47
1,923,045.10 964,387.46 95,005.20
None None None
None None 132,268.08 None None 250,000.00 250,000.00 173,338.87 254,528.17
$ 13,722,699.26

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSF.TS
Cash. balances with other banks. and cash items in process of collection
U.S. Trcaliury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations or States and political sub-
divisions .................. Other securities including corporate
stocks ..................... . Trading account sclurities ........ . Federal runds sold and securities pur
chased under agreements to resell . Otl1cr loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to tl1is bank on acceptances outstanding ....... . Otl1cr assets ................... .
Total Assets

1,097,146.24 2,229,827.96 1,804,421.88
507,517.64 None None
200,000.00 4,100,948.46
144,271.98 None None
1,922.07
$ 10,086,056.23

WALTER E. WOODARD, JR., Cashier.
Began Business: 10-2-I958

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits or U.S. Government ..... . Deposits or States and political sub-
divisions ................... Deposits or banks .............. . Certified and orliccrs' checks etc. . .. federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities ror borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ac count or this bank and outstanding. Other liabili tics ................ . Reserves on loans ............. Reserves on securities .......... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

2,455,166.08 4,018,144.77
324,242.93
1,926,979.97 100,124.16 50,127.15
None 200,000.00
80,285.27
None 273,813.60
79,977.40 None None
200,000.00 250,000.00 127,194.90
None
$ 10,086,056.23

62

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF DUDLEY Dudley (Laurens), Ga. As called for by the Superintendent of Banks

MRS. GLADYS C. HOGAN, President. Date of Charter: I0-2-1905
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ...... . Ob~~t.ions of States and political sub-
diVISJons .. Other securities including corporate
stocks ............... Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to rcscU Other loans ............... Bank premises, furniture and nxtures9
and other assets representing bank premises ............. Real estate owned other than bank premises ................. Customer's liability to U1is bank on acceptances outstanding ...... ou.er assets ..................
Total Assets ................

1,053,238.72 395,580.53 None
1,068,623.97 None None None
2,491,610.93
1.00 1.00 None None
$ 5,009,056.15

FRANCES J. REINHARDT, Cashier.
Began Business: 11-1905

LIABI LITJ ES
Demand deposits ......... Time and savings deposits ....... Deposits of U.S. Government .... Dcp~~!' of States and political sul>-
d.iVJSJons .. Deposits of banks ....... Certified and officers' checks etc. . Federal funds purchased and securities
sold u ndcr agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of U1is bank and outstanding. OU1cr liabilities .............. Reserves on loans .............. Reserves on securities ....... Capital Notes and debentures .. Common stock ............ Surplus .................... Undivided profits ........ Reserves for contingencies .......
Total Liabilities ........

1,422,631.55 2,045,224.67
34,162.89
718,064.97 89,859.34 27,817.40
None None None
None 61,729.41
None 65,000.00 20,259.42 150,000.00 150,000.00 174,884.11 49,422.39
5,009,056.15

STATEMENT Showing condition at the close of business December 31. 1969, of
THE BANK OF DULUTH Duluth (Gwinnett), Ga.
As called for by the Superintendent of Banks

FLOYD P. ADAMS, JR., Acting President. Date of Charter: 1-22-1945
ASSETS
Cash, balances wiU1 other banks, and cash items in process of collection
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations .... Obligations of States and political sub-
divisions .................. Other securities including corporate
stocks ................... Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................ Customer's tiability to U1is bank on acceptances outstanding ...... OU1cr assets ..................
Total Assets ...............

$ 1,612,136.19 496,708.85 657,625.00 5,000.00 None None 600,000.00
4,378,483.45
191,334.61 613,448.57
None 54,971.65
$ 8,609,708.32

EWELL A. ARNOLD, Cashier.
Began Business: 2-17-1945

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions .................. Deposits of banks .......... CcrtifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans ............. Reserves on securities .......... Capital Notes and debentures ..... . Common stock ................ Surplus ................. Undivided profits .............. Reserves for contingencies ........
Total Liabilities ................

2,319,660.02 3,498,018.16
61,845.31
1,632,189.97 None None
None None 56,595.00
None 305,853.43
30,564.83 None None
400,000.00 304,981.60
None None
$ S,609,708.32

FIFTIETH ANNUAL REPORT

63

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF EASTMAN Eastman (Dodge), Ga. As called for by the Superintendent of Banks

JOHN F. JESSUP, President. Date of Charter: I 2-28- I9 I8
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. GovcrMlcnt
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . f-ederal funds sold and securities pur-
chased under agreements to rcscU . Other loans .................. Bank premises, furniture and nxturcs,
and other assets representing bank premises ................... . Real estate owned other than bank premises .................. Customcr9 s liability to this ban~ on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

812,015.44 1,625,613.37 1,090,119.96 1,091,299.86
None None 900,000.00 4,995,276.11
241,973.62 1,500.00 None None
10,757,798.36

H.C. RAGAN, Cashier.
Began Business: 1-2-19 I 9

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. Ccrtilicd and oflicers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indcbtedn<ss .......... A<.:ceptanccs executed by or for ac~ count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ Surplus ...................... . Undivided prolits .............. Reserves for contingencies ........ .
Total Liabilities ................

$ 2,870,095.69 5,364,027.63 98,116.30
635,892.74 606,741.90
9,547.98
None None 103,899.70
None 293,568.24 123.511.42
3,360.73 None
250,000.00 300,000.00
99,036.03 None
10.757,798.36

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rescU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................. Customer's liability to U1is bank on acceptances outstanding ....... . Other assets ...................
Total Assets .................

812,757.22 610,770.49 699,750.00 2,089,492.25
None None 1,200,000.00 3,561,151.40
339,413.37 6,229.20 None None
$ 9,319,563.93

MRS. WILMATINE McCRANIE. Cashier.
Began Business: 4-1-1949

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of V.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. CcrtifiCd and oflicers' checks etc. . .. federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . ~lortgagc indebtedness .......... . Acceptances e:\ecuted by or for ac count of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

3,089,055.38 4,015,763.42
149,020.06
1,200,5 00.16 None
5,692.43
None None 170,809.26
None 13,402.94 66,986.96
None None 200,000.00 200,000.00 208,333.32 None
9,319,563.93

64

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash ilems in process of collection .
U.S. Treasury securities .. Securities of other U.S. Government
agencies and corporations .. Ob~t~ons of Stales and political sub-
divisions ................... . Other securities including corporate
stocks ..... Trading account securities .. Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ..... Bank premises, furniture and fiXtures,
and other assets representing bank premises ..... Real estale owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding . Other assets .....
Total Assets . . . .....

$ 2,208,799.80 1,803,194.89 5,063,467.26 3,524,336.00 None
None None
14,222,866.29
505,870.33 None None
344,589.31
$ 27,673,123.88

ROBERT F. TOLAR, Cashier.
Began Business: 4-2-1934

LIABILITIES
Demand deposits ............... . Time and savings deposits . Deposits of U.S. Government ... Dep~~~ of States and political sub-
divisions ................... . Deposits of banks ... Certified and offiCers" checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ....... Other liabilities for borrowed money . Mortgage indebtedness .. Acceptances execuled by or for aocount of this bonk and outstanding. Other liabilities ................ . Reserves on loans ...... Reserves on securities ............ . Capital Notes and debentures Common stock ............... .. Surplus ..... Undivided profits .............. . Reserves for contingencies ...
Total Liabilities ................ .

$ 11,480,631.80 8,236,073.52 127,496.21
4,292,544.54 30,186.41 58,066.17
400,000.00 None None
None 663,901.41 265,465.92
39,350.66
None
500,000.00 1,000,000.00
579,407.24 None
$ 27,673,123.88

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS AND SOUTHERN BANK OF EAST POINT East Point (Fulton), Ga.
As called for by the Superintendent of Banks

EUGENE E. JONES, President. Date of Charter: 11-12-1948
ASSETS
Cash, balances with other bonks, and cash items in process of coUection
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ... Obli.~l!ons of States and political sub-
diviSions ....... Other securities including corporate
stocks .............. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ........... Bank premises, furniture and fiXtures,
and other assets representing bonk premises .................... . Real estate owned other than bonk premises ................... Customer's liability to this bonk on acceptances outstanding ... Other assets ............
Total Assets ..............

$ 2,979,642.70 1,751,100.01 None 2,574,970.16 18,625.00 None None
24,002,044.54
571,806.43 None None
143,585.27
$ 32,041,774.11

ENOCH J. PROW, Cashier.
Began Business: I 1-19-1948

LIABILITIES
Demand deposits .... Time and savings deposits .... Deposits of U.S. Government ..... Deposits of States and political sub-
divisions ............ Deposits of bonks .... Certified and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities lor borrowed money . 'Aortgage indebledness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities .......... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ............ Surplus ................ Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities .............

$ 9,868,156.13 11,701,020.34 421,065.12
1,044,019.18 4,457,785.29
36,614.98
None None None
None 2,195,787.81
309.960.93 None
None
450,000.00 550,000.00 430,537.67 576,826.66
$ 32,041,774.11

FIFTIETH ANNUAL REPORT

5

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS & MERCHANTS BANK Eatonton (Putnam), Ga.
As called for by the Superintendent of Banks

L.O. BENTON, JR., President. Date of Charter: I0-30-1922
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diviSIOns ................... . Other securities including corporate
stocks ...... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .............. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding . Other assets ............
Total Assets ................

582,092.14 1,309,943.31
None 721,025.04
None None 400,000.00 2,958,602.82
80,917.42 None None
3,232.20
$ 6,055,812.93

FRED J. MELTON, Cashier.
Began Business: 11-15-1922

LIABILITIES
Demand deposits ....... Time and savings deposits ..... Deposits of U.S. Government ... Dep~~~ of States and political sub-
divtSions ........... Deposits of banks ....... Certified and officers' checks etc. Federal funds purchased and securities
sold u ndcr agreements to repurchase ........ Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ........ Reserves on loans ....... Reserves on securities ........... . Capital Notes and debentures .. Common stock ....... Surplus .............. Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ............

$ 2,042,319.29 3,121,266.72 35,435.33
415,990.94 None
29,442.43
None None None
None 4,798.68 63,441.79
None None 100,000.00 200,000.00 43,117.75 None
6,055,812.93

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISIOns .......... , ........ . Other securities including corporate
stocks ................. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises. furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's ~ability to this bank on acceptances outstanding ....... . Other assets ................
Total Assets ................... .

$ 244,300.01 634,313.53 225,000.00 242,286.67 None None 300,000.00
2,560,304.05
64,004.22 None None
2,192.73
4,272,401.21

HOWARD L. HARRISON, Cashier.
Began Business: 5-1-1944

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. . Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ........... Surplus ................. Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ................ .

1,524,485.14 2,047,482.86
43,584.14
298,679.07 None
20,798.34
None None None
None 38,854.37 23,134.44
None None 100,000.00 130,000.00 45,382.85 None
4,272,401.21

66

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF EDISON Edison (Calhoun), Ga.
As called for by the Superintendent of Banks

C.W.LOWE, President. Date of Charter: 9-24-1904
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ...... Ob~~ons of States and political sub-
divisions ........... Other securities including corporate
stocks ............. Trading account securities ...... Federal funds sold and securities pur
chased under qreements to resell Other loans .............. Bank premises, furniture and fixtures,
and other assets representing bank premises .. Real estate owned other than bank premises .. Customer's liability to this bank on acceptances outstanding .... Other assets ................
Total Assets ..............

$ 287,673.23 720,924.00 485,000.00 779,705.92 None None
400,000.00 2,775,407.80
35,849.80 None None
19,910.79
$ 5,504,471.54

T.O.MANRY, Cashier.
Began Business: 1904

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... De!J?~~ of States and political sub-
divisions .............. Deposits of banks ........... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .... Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ............. Reserves on loans ............. Reserves on securities ....... Capital Notes and debentures .... Common stock .............. Surplus ..................... Undivided profits .......... Reserves for contingencies ......
Total Liabilities .............

$ 1,600,605.12 2,707,020.05 56,658.83
482,326.74
None
115,557.89
None
None None
None
72,437.54 47,273.11
None None
150,000.00 200,000.00
72,592.26 None
$ 5,504,471.54

STATEMENT Showing condition at the close of business December 31, 1969, t.'f
GRANITE CITY BANK Elberton (Elbert), Ga. As called for by the Superintendent of Banks

A.D. WILBURN, President. Date of Charter: 12-3-1927
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~~ons of States and political sub-
dJVISlons ......... Other securities including corporate
stocks ..................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to resell . Other loans ................ Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceplances outstanding ...... Other assets .................
Total Assets ................... .

$ 1,836,531.72 1,092,473.14 501,150.00 1,154,283.37 24,000.00 None 250,000.00 6,256,091.17
341,573.62 8,346.32 None
113,704.28
$ 11,578,153.62

THOMPSON HOLLOMAN, Cashier.
Began Business: 1-2-1928

LIABILmES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
divisiOns ................... . Deposits of banks .............. . Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for bonowed money . Mortgage indebtedness ........ Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ................ . Reserves on loans ........ 0 o o 0 0 Reserves on securities o o o o o o o o o o o Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits ............. .. Reserves for contingencies . 0 0 o 0 0 0
Total Liabilities ................ .

$ 3,587.735.79 5,074,424.17 294,017.37
1,190,131.76 19,958.01 46,754.86
None None None
None 317,426.47 116,859.54
None None 480,000.00 320,000.00 130,845.65 None
$ 11,578,153.62

FIFTIETH ANNUAL REPORT

67

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF ELLAVILLE Ellaville (Schley), Ga.
As called for by the Superintendent of Banks

P.L. GILL, President. Date of Charter: 9-10-1910
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~!ons of"States and political sub-
divisions ................. Other securities including corponte
stocks ................... Trading account securities ........ Federal funds sold and securities pur
chased under apeements to resell . Other loans ................... . Bank premises, furniture and riXtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ...................

540,590.88 530,698.00
None 651,691.84
None None 350,000.00 1,659,712.25
14,298.22 1.00 None
5,429.67
$ 3,752,421.86

RICHARD G. CALLAWAY,
Cashier. Began Business: 9-16-1910

LlABILmES
Demand deposits .............. Time and savings deposits ...... Deposits of U.S. Government ..... Dep?~!S of States and political sub-
divisions ................. Deposits of banks ............ Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures ..... . Common stock ............... Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ..............

1,349,346.10 1,290,274.86
84,880.34
512,119.11 None
29,535.53
None None None
None 54,738.07 29,486.66
None None 50,000.00 200,000.00 144,041.19 8,000.00
$ 3,752,421.86

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF ELLUAY Ellijay (Gilmer), Ga.
As called for by the Superintendent of Banks

GLENN W. MARSHALL,
President.
Date of Charter: 5-21-1914
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sul>-
dJVUions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under apeements to resell . Other loans ................... . Bank premises, furniture and rJXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 908,121.25 1,550,415.00 None 653,541.77 None None 250,000.00 5,024,900.39
30,000.00 None None
9,816.18
$ 8,426,794.59

JAMES R. PACK, Cashier.
Began Business: 6-1-1914

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... . Dep.o~~s of States and political sub-
diVISions .................. Deposits of banks .............. Certir10d and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... Aoceptanccs executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,373,633.68 3,582,563.84 134,400.43
526,556.34 None
4,532.90
None None None
None 120,021.82 77,549.29
None None 200,000.00 200,000.00 9,654.79 197,883.50
8,426, 794.59

68

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treas111:y securities ...... Securities of other U.S. Government
agencies and corporations ... Ob~!ons of States and political sub-
divisions ........ Other securities including corporate
stocks ............. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ............ Bank premises, furniture and fiXtures,
and other assets representing bank premises ............... Real estate owned other than bank premises ............... Customer's liability to this bank on acceptances outstanding .... Other assets ........
Total Assets ...........

s 603,262.89 1,014,667.50 1,049,677.08 283,181.07 NoDe NoDe 300,000.00 4,135,710.21
90,474.45 None NoDe
121,124.31
S 7,598,097.51

ROBERT W. FULLER, JR., Cashier.
Began Business: 1902

LIABILITIES
Demand deposits ............ Time and savings deposits Deposits of U.S. Government ..... Dep~~~ of States and political sub-
divisions ......... Deposits of banks . Certified and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for aocount of this blnk and outstanding. Other liabilities ..... Reserveson loans ....... Reserves on securities ....... Capital Notes and debentures .. Common stock ........... Surplus .............. Undivided profits ........... Reserves for contin&encies ......
Total Liabilities .........

3,346,193.55 2,660,088.65
118,332.23
550,340.81 None
11,947.35
None
None
None
None
213,016.43 77,807.01 None NoDe
175,000.00 250,000.00
5,000.00 190,371.48
7,598,097.51

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS AND MERCHANTS BANK Fayetteville (Fayette), Ga.
As called for by the Superintendent of Banks

H.R. REDWINE, President. Date of Charter: 2-16-1906
ASSETS
Cash, balances with other blnks, and cash items in process of coUection
U.S. TreasurY securities ...... Securities of other U.S. Government
agencies and corporations ..... Ob~'!ons of States and political sub-
divmons ................... . Other securities including corporate
stocks ............... Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ............. Bank premises, furniture and fiXtures,
and other assets representing blnk premises ................... . Real estate owned other than blnk premises ................... Customer's liability to this blnk on acceptances outstanding .... Other assets .................
Total Assets ................

s 452,554.61 2,001,121.51 99,843.75 700,288.34 None NoDe NoDe 4,925,459.17
102,934.40 None
None
54,915.47
s 8,337,117.25

H.R. REDWINE, Cashier.
Began Business: 3-13-1906

LIABILmES
Demand deposits ........... Time and savings deposits ...... Deposits of U.S. Government ..... Dep_o~!S of States and political sub-
divisions ............ Deposits of blnks .......... Certif10d and offtcers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ............ Reserves on loans ........... Reserves on securities ........... . Capital Notes and debentures .... Common stock ......... Surplus ............. UndiYided profits ........... Reserves for contingencies ........ .
Total Liabilities ...............

s 2,789,249.25 2,869,314.27 371,922.84
1,283,809.59 7,111.84
14,664.80
None
None None
None 539,601.28
65,930.42
None None
100,000.00 120,000.00 107,459.50
68,053.46
s 8,337,117.25

FIFTIETH ANNUAL REPORT

69

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~!ons of States and political sub-
divisions ................. Other securities including corporate
stocks ................ Tradins account securities ....... Federal funds sold and securities pur
chased under apeements to reseU . Other loans .................. Bank premises, furniture and foxtures,
and other assets representins bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstandins ....... Other assets ...................
Total Assets ...................

$ 943,165.26 1,034,674.29 1,099,643.15 113,548.45 None None 200,000.00 3,763,805.08
164,117.15 None None
6,880.92
$ 7,325,834.90

W.P. HERLOVICH, Cashier.
Began Business: 7-19-1948

LlABILmES
Demand deposits ............... Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diYISions ............... Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under asreements to repurchase ................. .. Other liabilities for borrowed money . Mortsage indebtedness .......... Acceptances executed by or for aocount of this bank and outstandins. Other liabilities ............... Reserves on loans ............. .. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities .............

$ 2,362,048.13 3,427,027.32 92,535.54
512,425.65 143,122.63
35,861.36
None None None
None None 77,516.59 None None 200,000.00 350,000.00 125,297.68 None
7,325,834.90

STATEMENT Showing condition at the close of business December 31, 1969, of
mE CITIZENS BANK Folkston (Charlton), Ga. As called for by the Superintendent of Banks

J.H. LESTER, JR., President.
Date of Charter: 12-12-1911
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
drvlstons ................... . Other securities includins corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under apeements to reseU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representins bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstandins ....... . Other assets ................... .
Total Assets ...................

$ 1,422,253.38 1,179,914.62 None 1,364,306.41 None None 500,000.00 4,888,511.47
205,862.18 30,000.00 None 4,026.82
$ 9,594,874.88

C.W. LANCE, Cashier.
Began Business: 1-4-1912

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~s of States and political sub-
diYJSJons ................... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,128,572.33 4,426,050.67 99,380.33
777,968.24 None
1,596.96
None None None
None 360,062.46
50,554.37 None None
200,000.00 300,000.00 250,689.52
None
$ 9,594,874.88

70

DEPARTMENT OF BANKING

SfATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF FOREST PARK Forest Park (Ciayton);Ga. As called for by the Superintendent of Banks

PIERCE A. PEACOCK, President. Date of Charter: 5-9-1956
ASSETS
Cash. balances with other banks, and cash items in process of collection .
~~!="o'f =tiJ~: Q;.;,;,;m~~i agencies and corporations ..... Ob~!ons of States and po6tical sub-
divisions ......... Other securities includiJII corporate
stocks ............. Trading account securities .... Federal funds sold and securities pur-
chased under qrcements to reseU Other loans ........... Bank premises, furniture and rJXtures,
and other assets representing bank premises ..... Real estate owned other than bank premises Customer's tiabillty to this bank on acceptances outstandina ... Other assets ................... .
Total Assets ................... .

$ 1,954,039.63 1,415,159.03 1,997,350.00 774,930.97 None None 4,700,000.00
10,214,204.94
700,109.02 5,000.00 None 75,229.44
$ 21,836,023.03

J. DONALD McLEROY,
Cashier. Began Business: 10-15-1956

LIABILmES
Demand deposits ............... . Time and savinp deposits ....... Deposits of U.S. Government .... Dep~~!' of States and po6tical 1111>-
divisions ................... . Deposits of banks CertirJecl and ofriCeiS' checks etc. . Federal funds purchased and securities
sold under agreements to repun:hase ................. .. Other tiabilities for bonowed money . Mortpp indebtedness ..
Acceptances executed by or for ao-
count of this bank and outstanding. Other Uabillties .... Reserves on loans .............. . Resenes on securities .... Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ..
Total Liabilities ................ .

$ 7,459,861.19 5,355,806.24 441,736.95 6,495,352.93 None 199,020.66
None
None 245,292.00
None
353~29.24
112,934.44 None None
550,000.00 560,000.00
62,489.38 None
$ 21,836,023.03

SfATEMENT Showing condition at the close of business December 31, 1969, of THE CITIZENS AND SOUTHERN BANK OF CLAYTON COUNTY
Forest Park (Cayton), Ga. As called for by the Superintendent of Banks

CHAS. E. WELLS,
President.
Date of Charter: 6-26-1964
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .. O~~ons of States and po6tical sub-
divisions ................... . Other securities includiJII corporate
stocks ..................... . Tradinl! account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ................... . Bank premises, furniture and rJXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's Habillty to this bank on acceptances outstandiJII ... Other assets ................... .

$ 752,437.08 1,513,()54.71 None 1,587,023.89 9,900.00 None None 6,774,490-77
220,686.72 None None
74,399.80

Total Assets ................... . $ 10,931,992.97

ALLETTE B. CHEAYES,
Cashier. Began Business: 11-21-1964

UABILmES
Demand deposits ............... . T"DIIe and savings deposits .. Deposits of U.S. Government .. Dep~~!' of States and po6tical 1111>-
divisions .................. .. Deposits of banks .............. . Certified and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other Uabilltics for bonowed money . Mortpp indebtedness ....
Acceptances executed by or for ao-
count of this bank and outstandina. Other Uabilities ................ . Reserves on loans ...... Reserves on securities ... Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits ........ ReseJYOs for contingencies ........
Total Liabilities ................ .

$ 3,903,373.82 3,638,301.32 349,065.37
1,384,431.18 None
36,279.10
None
None
None
None
837~02.89
106,993.89 None None
2oo,OOO.OO 4oo,OOO.OO 47,784.64
28,260-72
$ 10,931,992.97

FIFTIETH ANNUAL REPORT

71

STATEMENT Showing condition at the close of business December 31, 1969, of
CmZENS BANK OF FORSYTH Forsyth (Monroe), Ga.
As called for by the Superintendent of Banks

N.A. HARDIN,
President.
Date of Charter: 2-17-1920
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . ObU.~t!ons of States and political sub-
diVISions ............. Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU Other loans ................... . Bank premises, furniture and ftxtures,
and other assets rcpresen ling bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to Ulis bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

s 1,002,251.36 929,301.26 None 256,468.51 None None 400,000.00 993,144.66
118,013.03 1.00
None
19,433.34
s 3,718,613.16

G.A. BANKS, SR., Cashier.
Began Business: 3-1-1920

LIABILITIES
Demand deposits ............... . Time and savin&S deposits ........ . Deposits of U.S. Goverrunent ..... . Dep~~~ of States and political sub-
divisions ................ Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase Other liabilities for borrowed money . Mortpae indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ................ .

s 1,617,375.83 664,653.19 716,815.85
281,191.36 None
9,575.23
None None None
None 12,392.24 12,575.65
None None 120,000.00 130,000.00 50,000.00 104,033.81
s 3,718,613.16

STATEMENT Showing condition at the close of business December 31, 1969, of
THE FARMERS BANK Forsyth (Monroe), Ga. As called for by the Superintendent of Banks

R.O. PERSONS, JR.,
President.
Date of Charter: 3-9-1910
ASSETS
Cash, balances wiU oUer banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~l!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcseU OU1cr loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's Uability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

s 440,556.93 624,179.50 376,631.54 None None None 250,000.00 2,989,742.09
120,993.93
None None
12,535.22
s 4,814,639.21

SHIRLEY J. WINTERS, Cashier.
Began Business: 191 0

LIABILITIES
Demand deposits ............ Time and savings deposits ....... Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
divisions .............. Deposits of banks ........ Certified and offiCers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortpae indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans ............ Reserves on securities .......... Capital Notes and debentures ..... Common stock ............... Surplus ..................... Undivided profits .............. Reserves for contingencies ........
Total Liabilities ...............

s 1,251,667.71 2,161,318.89 220,627.45
816,667.38
None
9,915.07
None None None
None 11,400.00 45,651.25
None None 125,000.00 125,000.00 47,391.46 None
s 4,814,639.21

72

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 19.69, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities ....... Securities of other U.S. Government
agencies and corporations ..... Ob~~ons of States and political sub-
divisions ........ Other securities including corporate
stocks ............ Trading account securities .... Federal funds sold and securities pur-
chased under apeements to reseD Other loans ........... Bank premises, furniture and fiXtures,
and other assets represenlinl bank premises ....... Real estate owned other than bank premises ... Customer's liability to this bank on acceptances outstanding ....... Other assets ...........
Total Assets ...........

$ 468,213.95 623,943.44 505,275.01
1,153,652.46 None None
175,000.00 2,374,458.33
59,800.08 None
None None
$ 5,360,343.27

JAS. M. McCARTY, Cashier.
Began Business: I 0-15-1908

LlABlLmES
Demand deposits ........... Time and savinp deposits ....... Deposits of U.S. Government ..... . Dep!>~!' of States and political sub-
divisions Deposits of banks ........ Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Resenes on loans ............ Reserves on securities ......... Capital Notes and debentures ..... Common stock ... Surplus ............... Undivided profits .... Reserves for contingencies .......
Total Liabilities .......

$ 1,778,097.98 2,549,187.94 36,348.07
454,249.93 None
20,128.14
None None None
None 78,200.84 54,610.18 22,440.29
None 100,000.00 150,000.00
42,079.90 75,000.00
$ 5,360,343.27

STATEMENT Showing condition at the close of business December 31, 1969. 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasuzy securities ...... Securities of other U.S. Government
agencies and corporations . Obli_ll!~ons of States and political sub-
divisions ........ Other securities including corporate
stocks ........... Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseD Other loans ...... Bank premises, furniture and fixtures,
and other assets represenlinl bank premises ...... Real estate owned other than bank premises ... , ...... Customer's liability to this bank on acceptances outstanding ... Other assets .......
Total Assets .......

$ 315,037.22 1,202,838.73 250,000.00 375,331.98 None None 150,000.00 957,118.11
56,610.48 None None None
$ 3,306,936.52

JAS. A. BROWN, Cashier.
Began Business: 2-15-1937

UABILmES
Demand deposits ......... TilDe and saYings deposits ....... Deposits of U.S. Government ..... Dep!>~!' of States and political sub-
divisions Deposits of banks ......... Certified and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances execuled by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans .............. . Reserves on securities ...... Capital Notes and debentures ... Common stock ............ Surplus . Undivided profits ............ Reserves for contingencies ......
Total Liabilities .........

$ 1,486,246.80 1,007,863.98 16,560.36
367,169.47 None
5,286.23
None None None
None 7,717!J9 14,986.59
None None 100,000.00 100,000.00 130,505.10 70,000.00
$ 3,306,936.52

FIFTIETH ANNUAL REPORT

73

STATEMENT Showing condition at the close of business December 31, 1969, of
FORT OGLETHORPE STATE BANK Ft. Oglethorpe (Catoosa), Ga.
As called for by the Superintendent of Banks

JOE B. TAYLOR, President. Date of Charter: 12-4-1963
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sul>-
diYJSJons .................. .. Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

516,277.75 125,035.16 675,000.00 157,519.99
5,347.50 None
75,000.00 2,438,061.96
68,677.56 None None None
$ 4,060,919.92

JOE B. TAYLOR, Cashier.
Began Business: 8-7-1964

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~!" of States and political sul>-
diYJSIOns ................... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,194,175.40 2,013,717.40 73,908.21
172,788.10 None
66,933.61
None None None
None 7,554.99 19,769.42
None None 225,000.00 157,500.00 129,572.79 None
4,060,919.92

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF FORT VALLEY Fort VaHey (Peach), Ga.
As called for by the Superintendent of Banks

ALBERT McCOWEN, JR., President. Date of Charter: 10-11-1924
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli_ga'!ons of States and political sul>-
drvtSJons ........... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcseU . 0~1er loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 709,850.82 1,493,982.50 300,281.25 1,734,616.73 None None 70,000.00 5,565,531.82
315,371.26 764.32 None
34,361.44
10,224,760.14

J. EDWARD TYSON, Cashier.
Began Business: 10-15-1924

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . CertifJCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

3,448,776.61 3,809,340.33
152,637.77
1,340,093.77 5,499.59 73,392.06
None None None
None 248,685.57 100,217.91
None None 300,000.00 400,000.00 346,116.53 None
$ 10,224,760.14

74

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS BANK Fort VaHey (Peach), Ga. As caRed for by the Superintendent of Banks

C.E.MOORE, President. Date of Charter: 12-14-1906

ASSETS

Cash, balances with other banks, and

cash items in process of collection

u.s. U.S. Treasury securities .

Securities or other

Government

agencies and corporations ..

Ob~~ons of States and political sub-

divisions ........

Other securities Including corporate

stocks ......

Trading account securities .....

Federal funds sold and securities pur-

chased under apeements to n:seD .

Other loans .......

Bank premises, furniture and fiXtures,

and other assets repoesenting bank

premises ........

Real estate owned other than bank

premises ..

Customer's liability to this bank on

acceptances outstanding ....

Other assets ........

Total Assets .........

$ 538,793.04 1,177,717.64 124,390.63 1,306,154.75 None None 100,0110.00 4,301,962.29
185,916.82 None None
37,395.63
s 7,772,330.80

WM. H. HUCKABEE, Cashier.
Began Business: 1-1-1907

LIABILITIES
Demand deposits .............. Time and savings deposits ...... Deposits of U.S. Government ..... . Dep!'~!S of States and political sub-
divisions .............. Deposits of banks ............. Certined and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortp&e indebtedness ........ Acceptances executed by or for aocount or this bank and outstandi111. Other liabilities ............... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ................ Surplus ..................... Undivided profits ........... Reserves for conli"'encies ........ .
Total Liabilities .............

$ 2,279,516.29 3,100,281.67 98,581.57
1,189,804.96 None
6,963.99
None None None
None 300,621.38
72,386.44 10,0110.00
None 140,0110.00 360,0110.00 214,174.50
None
$ 7,772,330.80

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF HEARD COUNTY Franklin (Heard), Ga.
As caRed for by the Superintendent of Banks

T.W. GOODSON, SR., President. Date of Charter: 10-14-1905
ASSETS
Cash, balances with other banks, and cash items in process or coUection
or U.S. Treasury securities .....
Securities other U.S. Government agencies and corporations ..
O~~ons of States and political subdivwons ............
Other securities includi"' corporate stocks ..............
Trading account securities ....... Federal funds sold and securities pur-
chased under apeements to reseU Other loans ........... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstandi"' .... Other assets ............
Total Assets ............

s 253,980.71 1,215,918.11 449,937.50 72,727.50 None None 450,000.00 863,809.64
36,135.56 None None None
s 3,343,109.02

RETHA B. MOONEY, Cashier.
Began Business: 1Q-18-1905

LIABILITIES
Demand deposits ............... . Tune and savings deposits ........ Deposits of U.S. Government ..... Deposits of States and political sub-
divisions ................... . Deposits or banks ........... Certifted and off~eers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortp&e indebtedness .......... Acceptances executed by or for account or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus .................... Undivided pronts ......... Reserves ror contingencies ......
Total Liabilities ................ .

$ 1,179,132.33 1,222,925.68 20,986.24
497,573.92 None
5,820.72
None None None
None 48,297.79 16,869.79 60,0110.00
None 50,000.00 lSO.OIIO.OO 16,502.55 75,000.00
$ 3,343,109.02

FIFTIETH ANNUAL REPORT

75

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
~~J~.:r :'U.~'t'1: ~rn.n<~i ~cies and corporations ...... . Ob~t!ons of States and poUtical sub-
divisions .............. Other securities includinJ corporate
stocks .............. Trading account securities ..... Federal funds sold and securities pur-
chased under apeements to resell Other loans .............. Bank premises, furniture and nxtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets ................... .

s 1,914,386.23 1,601,570.32 1,050,000.00 716,371.95 None None 1,200,000.00 9,971,735.37
528,909.85 None None
5,821.21
s 16,988,794.93

HARRY E. MARTIN, Cashier.
Began Business: 6-1913

LIABILITIES
Demand deposits ............. Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
divtaons ............... Deposits of banks ............ CertirJed and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and ouIslanding. Other liabilities ................ . Resenes on loans ............. Resenes on securities ........... Capital Notes and debentures ..... . Common stock ................ Surplus ...................... undivided pronts .............. Reserves for continJencies ........ .
Total Liabilities ................

6,186,952.24 5,797,871.48
251,089.60
3,149,288.76 None
11,799.96
None None 169,500.00
None 66,611.64 205,621.16
None None 600,000.00 200,000.00 350,060.09 None
s 16,988,794.93

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF GIBSON Gibson (Glascock), Ga. As called for by the Superintendent of Banks

E.E. GRIFFIN, JR., President. Date of Charter: 11-7-1905
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .......... . Securities of other U.S. Government
a&encies and corporations ..... ObUptions of States and poUtical sub-
divisions ................. Other securities including corporate
stocks ................ Trading account securities ........ Federal funds sold and securities pur
chased under apeements to resell . Other loans ................. Bank premises, furniture and nxtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ..... , ......... Customer's Uability to this bank on acceptances outstanding ...... Other assets .................
Total Assets .................

s 115,600.91 567,309.44 115,000.00 130,004.18 None None 125,000.00 383,314.97
12,000.00 None None None
s 1,448,229.50

MARY F. GRIFFIN, Cashier.
Began Business: 11-27-1905

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... Dep_o~! of States and poUtical sub-
diVISions ................... . Deposits of banks .............. Certined and omcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other UabiUtics for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Resenes on loans .............. Rc.erves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus .................... Undivided pronts .............. Reserves for contingencies ........ .
Total Liabilities ..............

856,004.74 None None
455,000.00 None
523.37
None None None
None None None None None 25,000.00 75,000.00 26,000.00 10,701.39
s 1,448,229.50

76

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS BANK Glennville (Tattnall), Ga. As called for by the Superintendent of Banks

J.D. KICKLIGHTER, President. Date of Charter: 12-31-1942

ASSETS

Cash, balances with other banks, and

: t 3 : cash items in process of collection .

~~!~

~;,;,;.~~i

agencies and corporations ... O~!ons of States and political sub-
divisions ......... Other securities including corporate
stocks ...... Trading account securities .. Federal funds sold and securities pur
chased under apeements to reseU
Other loans ....... Bank premises, furniture and iJXtures,
and other assets representing bank
premises ....... Real estate owned other than bank
premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on
acceptances outstanding ..... Other assets ........

Total Assets .....

$ 462,053.91 399,71S.1S 17S,OOO.OO 472,S2S.30 None None 250,000.00
1,597,538.26
43,9S3.S2 None None
3,4SO.OO
$ 3,404,236.14

J.D. DUBBERLY, Cashier.
Began Business: 1-4-1943

LIABILmES
Demand deposits ............. Time and savings deposits ........ . Deposits of U.S. Government .... Dep~~!" of States and political sub-
divisions ............ Deposits of banks ........ Certif"Jed and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ................ . Reserws on loans .............. . Resenes on securities ........ capital Notes and debentures ..... Common stock ................ . Surplus ...................... . Undivided profits ............. .. Resenes for contingencies ......
Total Liabilities ................ .

$ 1,044,574.85 1,393,728.SO 16,893.36
SS2,096.37 None
6,435.38
None
None None
None 68,541.93
None 36,477.36
None 60,000.00 120,000.00 105,488.39
None
$ 3,404,236.14

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations . O~'!ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ....... Federal funds sold and securities pur
chased under agreements to reseU Other loans ................... . Bank premises, furniture and iJXtures,
and other assets repreoenting bank premises .................. .. Real estate owned other than bank premioes .................. .. Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets ................... .

$ 796,109.22 S07,72S.63 404,968.7S 416,266.00 None None None
4,346,696.68
108,166.9S None None
61,765.89
$ 6,641,699.12

J .A. ROGERS, Cashier.
Began Business: 1-18-1905

UABILmES
Demand deposits ............... . Time and saving:~ deposits ...... Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
divisions .................. .. Deposits of banks .............. . Certif"Jed and offiCers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ........ Aoceptances executed by or for aocount of this bank and outstanding. Other liabilities ............... .. Resenes on loans................ . Resenes on oecunties .... Capital Notes and debentures .... Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reoenes for contingencies .......
Total Liabilities ................ .

$ 2,189,480.05 3,221,020.70 4S,131.68
3S6,008.SO None
74,790.23
None None
None None 191,007.24 60,139.68 None None 100,000.00 200,000.00 204,121.04 None
$ 6,641,699.12

FIFTIETH ANNUAL REPORT

77

STATEMENT Showing condition at the close of business December 31, 1969, of
THE GORDON BANK Gordon (Wilkinson), Ga. As called for by the Superintendent of Banks

R.F. GIBBS, President. Date of Charter: 6-8-I946
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuey securities .......... . Securities of other U.S. Government
agencies and corporations Obli.~t!ons of States and political sul>-
d.ivJSions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding Other assets ................... .
Total Assets ................... .

s 321,529.95 374,875.00 554,796.88 116,125.75 NoDe NoDe 200,000.00 1,820,920.37
90,149.99 NoDe NoDe NoDe
$ 3,478,397.94

DONALD R. GIBBS, Cashier.
Began Business: 8-I-I946

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diVISions ................... . Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and secwities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 990,512.73 1,789,250.82 3,665.00
316,329.32 NoDe
3,949.76
None NoDe None
None NoDe 27,648.94 NoDe NoDe 70,000.00 130,000.00 147,041.37 NoDe
$ 3,478,397.94

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuey securities .......... . Securities of other U.S. Government
agencies and corporations Obli_SI!'!ons of States and political sub-
diVISIOns ... ,
Other securities including corporate stocks ....................
Trading account securities ........ . Federal funds sold and secwities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and riXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ...................
Total Assets ................... .

S 658,537.50 247,000.00 250,000.00 706,686.95 NODe NODe NoDe
1,431,847.31
40,937.41 NoDe NODe NoDe
s 3,335,009.17

MRS. CHERYL Y. THOMAS, Cashier.
Began Business: 8-28-I909

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!s of States and political sub-
diVISions ................... . Deposits of banks ............. Certified and officers' checks etc. Federal funds pwchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 1,378,430.24 722,210.37 4,548.68
841,129.52 None
24,850.18
None None None
None 80,655.03 22,652.26
None None 100,000.00 100,000.00 60,532.89 NoDe
s 3,335,009.17

78

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF GREENSBORO Greensboro (Greene), Ga. As called for by the Superintendent of Banks

G.R.BROOK, President. Date of Charter: 10-13-1926
ASSETS Cash, balances with other banks, and
cash items in process of collection . U.S. Treasury securities .... Securities of other U.S. Government
qencies and corporations .. Ob~ons of Stales and political sub-
divisions .... Other securities including corporate
stocks ........ Trading account securities ... Federal funds sold and securities pur
chased under apeements to reseD Other loans ...... Bank premises, furniture and f"JXtures,
and other assets representina bank premises ...... Real estate owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's lisbility to this bank on acceptances outstanding ..... Other assets .......
Total Assets ...........

$ 684,955.11 770,071.62 632,253.79 635,500.00 None
None
50,000.00 3,073,426.05
133,657.10
None
None 1,090.92
$ 5,980,954.59

ANDREW M. BOSWELL, Cashier.
Began Business: 10-14-1926

LIABILmES
Demand deposits ........... Tune and savinls deposits ....... Deposits of U.S. Government .... Depo~!" of States and political ~>-
divisions ........ Deposits of banks Certif"Jed and oiTJCerS' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........ Other lisbilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for aocoun_t o!_~is bank and outstanding. Other lisbilities .......... Reserves on loans ........ Resem:s on securities ........ Capital Noles and debentures .. Common stock .......... Surplus ............... UncliYided profits ....... Reserves for contingencies ......
Total Liabilities ......

$ 1,438,872.95 3,354,125.60 45,726.51
516,847.32 50,000.00 18,090.39
None None None
None 2,243.45 34,970.02 10,000.00
None 150,000.00 287,500.00 72,578.35
None
$ 5,980,954.59

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS Cash, balances with other banks, and
cash items in process of coDection U.S. Treasury securities .. Securities of other U.S. Government
qencies and corporations . O~~ons of States and political sub-
divisions ......... Other securities including corporate
stocks .... Trading account securities .... Federal funds sold and securities pur
chased under apeements to reseD . Other loans ... Bank premises, furniture and f"IXtures,
and other assets representing bank premises ........ Real estate owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's lisbility to this bank on acceptances outstanding ... Other assets .....
Total Assets ........

$ 373,923.16 153,471.53 590,187.50 402,571.24
None None
None 2,132,386.94
59,195.96
None
None 2,945.87
$ 3,714,682.20

BOBBY L. VOYLES, Cashier.
Began Business: 4-1-1946

UABILmES
Demand deposits ....... Tune and savings deposits ...... Deposits of U.S. Government ... Dep~~!" of States and political ~>-
divisions ............. Deposits of banks ... Certif"Jed and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repun:hase ............ Other lisbilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for aocount of this bank and outstanding. Other lisbilities ...... Resem:s on loans ........ Rcsem:s on securities ..... Capital Noles and debentures .... Common stock ........ Surplus ........... UncliYided profits ......... Rcsem:s for contingencies ......
Total Liabilities .........

$ 1,164,361.52 1,624,763.75 53,037.79
481,602.96 None
2,767.22
None
None
None
None
24,374.12 31,908.30
None None 75,000.00 150,000.00 106,866.54 None
$ 3,714,682.20

FIFTIETH ANNUAL REPORT

79

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Ob~t!ons of States and political slib-
diviSIOns ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 542,894.33 678,398.10 255,295.00 355,664.31 None None 250,000.00
1,419,190.96
9,983.98 None None
840.31
3,512,266.99

JOHN B. THOMAS, JR., Cashier.
Began Business: 1891

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and politieal sub-
diVISions .... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

1,163,415.80 1,252,235.67
54,559.59
631,835.67 None
19,004.42
None None None
None 61,891.79 61,800.00
None None 50,000.00 100,000.00 117,524.05 None
3,512,266.99

STATEMENT Showing condition at the close of business December 31. 1969, of
THE BANK OF GRIFFIN Griffin (Spalding), Ga.
As called for by the Superintendent of Banks

J.L. SAVAGE, President. DateofCharter: 6-8-1967
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISions ............ Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ouIslanding ....... . Other assets ................... .
Total Assets ................... .

376,979.20 488,134.78
None None None None 600,000.00 1,664,985.15
215,765.45 None None
15,287.90
$ 3,361,152.48

ALEX M. STEWART, SR., Cashier.
Began Business: 8-16-1968

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government ..... . Dep.o~~s of States and political sub-
diVISJons ............... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,086,785.02 987,061.26 86,289.92
504,541.70 31,915.33 53,082.48
None None None
None 112,425.81
16,110.32 None None
250,000.00 150,000.00
82,940.64 None
3,361,152.48

80

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities .... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sul>-
divisions ............ Other securities including corporate
stocks ............. Trading account securities ....... Federal funds sold and securities pur
chased under agreements to reseU Other loans ........... Bank premises, furniture and nxtures,
and other assets representing bank premises ............ Real estate owned other than bank premises ............. Customer's liability to this bank on acceptances outstanding .... Other assets ...........
Total Assets ..............

s 2,442,506.11 6,727,725.63 300,000.00 6,010,355.00 None None 1,000,000.00 25,197,858.58
619,798.03 None None None
$ 42,298,243.35

CHARLES B. WYNNE, Cashier.
Began Business: 10-9-1890

LIABILmES
Demand deposits ............... Time and savings deposits ........ Deposits of U.S. Government .... Dcp?~!" of States and political sul>-
divisions ............. Deposits of banks .......... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .......... Other liabilities for borrowed money . Mortga&e indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserws on loans ........... Reserws on securities ......... Capital Notes and debentures .... Common stock .. Surplus ............... Undivided profits .......... Reserves for contingencies ......
Total Liabilities ..........

$ 10,385,781.58 21,360,180.34 131,052.31
4,103,939.24 598,388.32 368,377.40
None None None
None 2,006,547.54
554,533.82 None None
800,000.00 1,700,000.00
289,442.80 None
$ 42,298,243.35

STATEMENT Showing condition at the close of business December 31, 1969, of
JONES COUNTY BANK Haddock (Jones), Ga.
As called for by the Superintendent of Banks

LM. WOODCOCK,
President.
Date of Charter: 7-14-1905
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasuzy securities ........ Securities of other U.S. Government
agencies and corporations .... Ob~l!ons of States and political sub-
diYISions .............. Other securities including corporate
stocks .............. Trading account securities .... Federal funds sold and securities pur
chased under agreements to reseU Other loans ........... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customel's liability to this bank on acceptances ou!standing .... Other assets .............
Total Assets ..............

s 209,603.41 102,000.00 None 15,184.40 None None None 580,599.09
52,182.67 None None
2,798.27
$ 962,367.84

LM. WOODCOCK, Cashier.
Began Business: 7-25-1905

LIABILmES
Demand deposits ........... Time and savings deposits ...... Deposits of U.S. Government ..... . Dcp?~!" of States and political sul>-
divisions ............... Deposits of banks .............. CertifJOd and offJCOrs' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortga&e indebtedness ......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities .......... Reserws on loans ......... Reserws on securities ......... Capital Notes and debentures ..... Common stock ................ Surplus .................... Undivided profits ........... Reserves for contingencies ......
Total Liabilities ...............

s 511,396.03 187,409.50 1,923.86
67,276.67 None
45,863.23
None None None
None None None None None 25,000.00 95,000.00 28,498.55 None
s 962,367.84

FIFTIETH ANNUAL REPORT

81

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS BANK OF HAHIRA Hahira (Lowndes), Ga.
As called for by the Superintendent of Banks

O.K. HOLLIS, JR., President. Date of Charter: 2-12-1927
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Governntent
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and flxturcs,
and other assets rcprescn ling bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 605,752.73 113,894.18 49,015.63 124,973.87 100,000.00 None 300,000.00
2,049,660.98
47,154.85 21,600.00
None None
3,412,052.24

GEO. H. STALVEY, Cashier.
Began Business: 2-21-1927

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Governntent ..... . Dcp~~!' of States and political sul>-
diVJSIOns .......... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,287,854.57 1,595,989.53 1,940.04
130,184.28 59,742.55
None
None None None
None 84,936.29 32,074.79
None None 50,000.00 125,000.00 44,330.19 None
$ 3,412,052.24

STATEMENT Showing condition at the close of business December 31, 1969, of
COMMERCIAL BANKING COMPANY Hahira (Lowndes), Ga.
As called for by the Superintendent of Banks

V.A. GASKINS, President. Date of Charter: l-29-1945
ASSETS
Cash, balances with oU1er banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Governntent
agencies and corporations ...... . Obli.JP!-t!ons of States and political sul>-
dJVtSJons ................... . Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and rtxtures,
and oU1er assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 101,237.51 377,991.95 100,000.00 None None None None
1,110,556.14
32,196.82 None None None
1,721,982.42

BOBBY G. WETHERINGTON, Cashier.
Began Business: 4-5-1945

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp.o~~s of States and political sul>-
divtstons ................... . Deposits of banks .............. . Certirted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

568,594.02 891,218.60
None
89,152.92 None
4,346.82
None None None
None 39,879.69 12,954.33
None None 25,000.00 60,000.00 30,836.04 None
$ 1,721,982.42

82

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF HAMPTON Hampton (Henry), Ga. As called for by the Superintendent of Banks

BENO. SIMS, President. Date of Charter: 12-31-1965
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions ......... Other securities including corporate
stocks ........... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU Other loans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises ............. Customer's liability to this bank on acceptances outstanding .... Other assets ...........
Total Assets ..............

$ 351,005.19 40S,434.6S None None None None None 889,860.24
9,392.47 None None None
1,655,692.55

J.W. MARTIN, Cashier.
Began Business: 2-1-1966

LIABILITIES
Demand deposits ............. Time and savings deposits ..... Deposits of U.S. Government .... Dcp~~!" of States and political sub-
diVISions ............ Deposits of banks ....... CcrtiflCd and officers' cheeks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bmk and outstanding. Other liabilities .......... Reserves on loans .............. . Resetves on securities ........... . Capital Notes and debentures . Common stock .......... Surplus .............. Undivided profits ........ , .. . Reserves for contingencies ........ .
Total Liabilities ........

$ 473,779.89 747,377.92 1,667.00
263,797.67 None
8,795.20
None None None
None None 14,466.87 None None 50,000.00 30,000.00 65,808.00 None
$ 1,655,692.55

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
diviSions ............. Other securities including corporate
stocks ........... Trading account securities ..... Federal funds sold and securities pur
chased under agreements to reseU . Other loans ......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding .... Other assets ...........
Total Assets ........

$ 2,044,781.08 2,103,10S.SO 100,000.00 2,768,476.72 None None 150,000.00 8,931,230.91
192,892.75 16,288.95 425.00 80,881.38
$ 16,388,082.29

H.N. BUCHANAN, Cashier.
Began Business: 9-4-1945

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government .... Deposits of States and political sub-
divisions ................... . Deposits of banks ........ CertifJCd and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ........... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ............... Surplus ................. Undivided profits ........... Reserves for contingencies ........ .
Total Liabilities ...............

$ 6,065,351.11 3,908,398.79 208,661.23
4,040,612.30 None
66,991.55
None None None
None 491,793.28 131,779.34
None None 800,000.00 200,000.00 474,494.69 None
$ 16,388,082.29

FIFTIETH ANNUAL REPORT

83

STATEMENT Showing condition at the close of business December 31, 1969. of
BANK OF COLUMBIA COUNTY Harlem (Columbia), Ga.
As called for by the Superintendent of Banks

HENRY B. McNORRILL,
President. Date of Charter: I I-29-1909
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... Obtigations of States and potitical sub-
fiivisions ............ Other securities including corporate
stocks ................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU . Other loans ............... Bank premises, furniture and nxtures,
and other assets representing bank premises .............. Real estate owned o01er 01an bank premises ................ Customer's tiability to 01is bank on acceptances outstanding ....... 001er assets ..................
Total Assets ...............

$ 363,759.78 469,593.75 249,800.00 144,703.54 2,000.00 None 550,000.00
1,331,373.08
8,904.24 None None None
$ 3,120,134.39

HENRY E.L. MILLER, Cashier.
Began Business: 12-13-1909

LIABILITIES
Demand deposits ............. Time and savings deposits ........ Deposits of U.S. Government ..... . Dcp~~!' of States and political sub-
diVISions .......... Deposits of banks .......... Certified and officers' checks etc. . . Federal funds purchased and securities
sold u ndcr agreements to repurchase ............ Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ............ Reserves on loans ............ Reserves on securities .......... Capital Notes and debentures ..... . Common stock ............. Surplus .................... Undivided prolits ............. Reserves for contingencies ........
Total Liabilities .............

1,150,175.69 785,841.75 57,042.59
731,757.05 None 58.34
None None None
None 12,175.46
None None None 100,000.00 200,000.00 83,083.51 None
$ 3,120,134.39

STATEMENT Showing condition at the close of business December 31, I969, of
BANK OF HARTWELL Hartwell (Hart), Ga.
As called for by the Superintendent of Banks

J.H. WRIGHT,
President. Date of Charter: S-1 S-1961
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations .... Obligations of States and political sub-
divisions ................ Other securities including corporate
stocks ............. Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................. Bank premises, furniture and rtxtures,
and other assets representing bank premises ............ Real estate owned other than bank premises .............. Customer's tiability to this bank on acceptances outstanding ..... Other assets ...............
Total Assets .................

486,768.81 1,329,514.75
605,000.00 262,135.51
None None None 1,908,991.98
71,611.15 None None
1,999.93
4,666,022.13

SIMS HILL, Cashier.
Began Business: 11-9-1961

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... Deposits of States and political sub-
divisions .................. Deposits of banks ............ CertifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ............... Reserves on loans ........... Reserves on sccuri ties ......... Capital Notes and debentures .... Common stock ................ Surplus ...................... Undivided profits ............ Reserves for contingencies ........
Total Liabilities ..............

$ 1,407,238.37 2,016,108.02 54,091.27
756,469.22 None 12.54
None None None
None 30,369.74 41,463.20
None None 150,000.00 100,000.00 110,269.77 None
4,666,022.13

84

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of THE CITIZENS AND SOUmERN BANK OF HART COUNTY
Hartwell (Hart), Ga. As called for by the Superintendent of Banks

JACK B. EDMUNDS, JR., President. Date of Charter: 11-28-1942
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasucy securities .. Securities of other U.S. Government
agencies and corporations ...... . Ob6.~t!ons of States and political sub-
divisions ................... . Other securities lncludinll corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ....... Bank premises, furniture and foxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's 6ability to this bank on acceptances outstanding ..... Other assets ................... .
Total Assets ............

$ 938,431.23 1,437,035.98 130,000.00 1,665,125.19 None None None 7,816,778.41
111,710.46 None None
55,134.85
12,154,216.12

J .E. WEAVER,
Cashier. Began Business: 1-2-1943

LIABILITIES
Demand deposits ............... . Time and savings deposits ...... Deposits of U.S. Government .... Dep?~~ of States and political sub-
diVISIOns ......... Deposits of banks .............. . Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for account of this bank and outstanding. Other 6abilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits ........ Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,890,475.59 6,239,319.45 157,267.51
805,398.85 None
19,582.03
None None None
None 242,800.86 144,209.26
None None 400,000.00 200,000.00 35,162.57 20,000.00
12,154,216.12

STATEMENT Showing condition at the close of business December 31, 1969, of
PLANTERS BANK Hawkinsville (Pulaski), Ga. As called for by the Superintendent of Banks

DON C. CRAFTON, President. Date of Charter: 2-27-1896
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasucy securities ....... Securities of other U.S. Government
agencies and corporations ...... . Ob~'!ons of States and political sub-
dtvwons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to rcscU . Other loans ................... . Bank premises, furniture and foxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's 6ability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets ............

$ 651,362.93 1,417,568.33 None 1,802,392.40 None None 100,000.00 3,619,620.52
191,955.41 None None
168.75
$ 7.783,068.34

OTIS R. MAYO, Cashier.
Began Business: 3-1896

LIABILITIES
Demand deposits ............... . Time and savings deposits ....... Deposits of U.S. Government .... Deposits of States and po6tical sub-
divisions ................... . Deposits of banks ......... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other 6abi6tics for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other 6abilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock .............. Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,903,106.63 3,580,774.01 7,699.24
451,950.38 15,000.00 43,970.46
None None 45,605.92
None None 58,368.14 None None 100,000.00 200,000.00 25,000.00 351,593.56
$ 7,783,068.34

FIFTIETH ANNUAL REPORT

85

STATEMENT Showing condition at the close of business December 31, 1969, 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

ASSETS

Cash. balances with other banks, and

cash items in process of collection .

U.S. Treasury Securities or

OsetcliuCrritiue.ss..

......... . Government

agencies and corporations ......

Obli~ations of States and political sul>-

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

Other securities including corporate

stocks ....................

Trading account securities ........ .

federal funds sold and securities pur-

chased under agreements to resell .

Other loans ..................

Bank premises. furniture and ftxturcs.

and other assets representing bank

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

Real estate owned other than bank

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

Customer's liabilil)' to this ban~ on

acceptances outstanding ....... .

Otl1cr assets ................... .

Total Assets ...................

857,729.91 607,005.35 130,000.00 244,859.83
None None None 2,527,628.60
63,306.56 None None
ll,059.59
4,441,589.84

STERLIN CARR, Cashier.
Began Business: 8-27-1949

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Govcrnrnen I ..... Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . Certified and ofticcrs' checks etc. .. federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances c~ccutcd by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ........... Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

$ 1,759,448.97 1,889,523.26 None
438,245.65 None
17,797.73
None None None
None 31,435.92 30,000.00
None None 100,000.00 100,000.00 75,138.31 None
4,441,589.84

STATEMENT Showing condition at the close of business December 31. 1969, of
BANK OF HAZLEHURST Hazlehurst (Jeff Davis), Ga. As called for by the Superintendent of Banks

CHARLES ROGERS, President. Date of Charter: I0-19-1906
ASSETS
Cash, balances witl1 other banks. and cash items in process of coUcction .
U.S. Treasury securities .......... Securities of other li.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... Other SI.'Curitics including corporate
stocks ..................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to rcscU . Otl1cr loans ................... . Bank Jlrcmises, furniture and rtxtures,
and other asset reprcocnting bank premises ............ Real estate owned otl1cr than bank premises .............. Customer's liability to tltis bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

1,030,764.51 1,766,290.67
None ll2,559.85
None None None 1,744,386.67
2.00 1.00 None 61,583.61
$ 4,715,588.31

MRS. MARY WALKER, Cashier.
Began Business: I0-1906

LIABILITIES
Demand deposits ............... Tintc and savings deposits ........ Deposits of li.S. Government ..... . Deposits of States and political sul>-
divisions ................... . Deposits of banks ............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances c~ccutcd by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans ............. Reserves on securities ........... Capital Notes and debentures ..... Common stock ............... Surplus ...................... . Undivided profits ............ Reserves for contingencies ........
Total Liabilities ...............

3,001,055.27 401,728.45 70,539.92
715,645.45 None
34,489.12
None None None
None 51,448.65 31,218.32
None None 100,000.00 150,000.00 109,463.13 50,000.00
4,715,588.31

86

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
JEFF DAVIS BANK Hazlehurst (Jeff Davis), Ga. As caUed for by the Superintendent of Banks

J.O. WOOTEN, President. Date of Charter: 7-12-1962
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of oilier U.S. Government
agencies and corporations ...... . Obti1'3tions of States and potitical sub-
divisions ................ Other SL'Curities including corporate
stocks ................... Trading account scc:uritics ........ Federal funds sold and securities pur-
chased under agreements to rcscU . Otller loans ................ Bank premises. furniture and rL"(tutcs.
and other assets rcprescnling bank premises ................... Real estate owned other than bank premises ................... Customer's tiabitity to U1is ban~ on acceptances outsb.nding ....... . Other assets ................
Total Assets ...................

$ 821,090.19 590,519.02 350,000.00 295,526.33 None None 600,000.00
2,439,050.22
24,690.09 None None
4,404.87
5,125,280.72

J.N. BOGGS, JR., Cashier.
Began Business: 12-1-1962

LIABILITIES
Demand deposits ............ Tin1e and savings deposits ........ Deposits of U.S. Government ..... . Dcp!"~!' of States and political sub-
diVISIOns , , , , Deposits of banks .......... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........ Other liabitities for borrowed money . Mortgage indebtedness .......... AI.."\."Cptances executed by or for account of this bank and outstanding. Other liabitities .............. Reserves on loans ............. Reserves on securities ......... Capital Notes and debentures ... Common stock ................ Surplus ...................... Undivided profits .......... Reserves for contingencies .......
Total Liabilities ................

$ 1,738,633.06 1,903,574.22 245,736.02
404,549.09 9,997.00
222,088.09
None None None
None 93,049.02 35.892.03
None None 100,000.00 200,000.00 94,112.93 77,649.26
5,125,280.72

STATEMENT Showing condition at the close of business December 31. 1969, 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
ASSETS
Cash. balances wiU other banks. and ca.,)1 ilcms in pron~ss of LoUcction .
U.S. Tn~asut)' SL-curit~s . . . . . . . . . . . SLLuritks of other li.S. GovcrMtent
~l'lll'il'S and corporations ...... Obli!llllions of Stat<s and I'Olitical sub-
divisions ................... . Other securities indudin8 corporate
<locks .................... Trading account Sl'l"Uritics ........ . Federal funds sold and securities pur-
chased under agreements to resell Other loans ................. Bank premise~ furniture and flxtures,
and other assets representing bank prcn1iscs ......... Real estate owned other than bank premises ........... Customer's liability to U1is bank on aCl'Cptanccs outstanding .... ou.er assets ............
Total Assets ..........

$ 1,162,881.93 828,056.68 25,000.00 490,761.67 None None 100,000.00
2,549,910.66
12,670.07 20,455.00
None None
$ 5,189,736.01

ELOIS D. ANDERSON. Cashier.
Began Business: 7-::!1-1909

LIABILITIES
Demand dcpoits ............... Time and savings deposits ........ . Deposits of l 1.S. Government ..... . Dcp_o~ts of States and potitical sub-
diVJSJons ................. Deposits of banks ............ Certified and officers" cheds etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabitities ................ Reserves on loans ........... Rrservcs on securities ..... Capital Notes and debentures ..... . Common stock ............. Surplus ............... Undivided profits ............. Reserves for contingencies .......
Total Liabilities ...........

2,218,632.59 2,165,353.94
12,048.90
219,100.82 None
26,445.73
None None None
None 88,215.23 37,550.02
None None 100,000.00 50,000.00 272,388.78 None
$ 5,189,736.01

FIFTIETH ANNUAL REPORT

87

STATEMENT Showing condition at the close of business December 31, 1969, of
THE HINESVILLE BANK Hinesville (Liberty), Ga.
As called for by the Superintendent of Banks

D.F. MARTIN, JR., President. Date of Charter: 9-4-1911
ASSETS
Cosh. balanc'Cs wiU1 oU1er banks, and l'ash items in process of collection .
U.S. Treasury ~curitics .......... . Securities of other U.S. Gonrnmcnt
agencies and corporations ...... . Obli.g~t!ons of States and political sub-
dtvastons ................... Otlu:r sct:uritics including corporatl'
stocks ..................... . Trading anount !!Ccuritics ........ . Fcdcral funds sold and securities pur
chased under agreements to rc~U Other loans ................... . Bank premises. furniture and fi.xtur.:-s.
and other assets rcprcSlnting banJ. prcn1iscs ................... . RLal cstab.' owned other than bank JlFCnliscs .............. . C'ustomers liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

1,118,333.04 1,229,010.75
550,000.00 865,541.70
None None 500,000.00 3,449,650.42
313,697.17 5.00 None
21,881.21
8.048,119.29

JAS. M. FLOYD, Cashier.
Began Business: 11-15-1911

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government ..... Dcp~~ts of States and 1>olitical sub-
dtvtSions .................. Deposits of banks .............. . Ccrtilicd and ofliccrs' checks etc. Federal funds purchased and securities
sold under agreements to rcrurchasc ................ Other liabilities for borrowed money . Mortgage indebtedness .......... . Al-ceptanees e\ecutcd by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans ............. Reserves on scLurities ........... Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided prolits .............. . Reserves for contingendcs ........ .
Total liabilities ................

3,184,859.95 2,243,488.62
404,252.17
1,175,304.27 None
97,995.15
None None 143,333.36
None 101,676.79 64,940.85
None None 150,000.00 250,000.00 99,238.88 133,029.25
8,048,119.29

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS BANK Hogansville (Troup), Ga. As called for by the Superintendent of Banks

JOHN R. HINES. President. Date of Charter: I 1-30-1961
ASSFTS
Cash, balances with other banks. and cash ill'ms in procl'SS of L'ollcction .
U.S. Trcasury Sl'curitics .......... . Securities of other li.S. Government
agLndcs and corporations ...... Obli~t!ons of States and political sub-
diVISions ................... . Other securities including l'OI'JlOratc
stocks ..................... Trading acLount SCl'Uritics ........ . Federal funds sold and securities pur-
chased under agreements to resell . OU1cr loans ................... Bank premises, fumiture and fixtures,
and other assets representing bank prcntiscs ............... Real estate owned oU1cr than bank premises ....... , ......... Customer's liability to U1is bank on acceptances outstanding ....... . OU1cr assets ................... .
Total Assets ................... .

$ 383,842.55 593,295.75 224,875.00 54,000.00 None None
None 1,668.868.34
171,713.61 13,481.96
None None
$ 3,110,077.21

W.P. ARNOLD. Cashier.
Began Business: I ~-I 1-1961

LIABILITII:S
Demand deposits ............... Time and saving."i deposits ....... Deposits of li.S. Government .... D"posits of Stall'S and political sub-
divisions ................... . Dcpoits of banks .............. . Certif~ed and oftkers' chcdi.S etc. . .. Federal funds purchased and securities
sold under agr~cments to repurchaSL .................. . Other liabilities for borrowed money . Mortgage indebtrdncss .......... Acccptan"es c:\.ecuted by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ........... RLscrvcs on securities ......... Capital Notes and debentures ..... Common stock ............... Surplus .................... Undivided prolits .............. Reserves for contingencies ....
Total liabilities ...............

1,347,017.42 775,776.49 16,626.21
362,322.23 None
17,024.92
None None 113,996.83
None 217,269.48
34,827.27 None None
120,000.00 42,000.00 59,841.36
3,375.00
3,110,077.21

88

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
EMPIRE BANKING COMPANY Homerville (Oinch), Ga.
As called for by the Superintendent of Banks

W.K. PEAGLER, President. Date of Charter: 3- I-1945
ASSETS
Cash, balances with other banks, and cash itcnts in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t.ions of States and poUtical sul>-
divwons .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rcscU . Other loans ................... . Bank premises, furniture and nxtures,
and other assets representing bank premises ................. Real estate owned other than bank premises ................... . Customer's UabiUty to dtis bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets .................

$ 664,380.76 882,789.03 499,737.50 633,517.48 None None None
2,046,934.00
47,246.69 None None None
$ 4,774,605.46

MARGARET T. LEE, Cashier.
Began Business: 6-1-1945

LIABILITIES
Demand deposits .............. .. Time and savings deposits ...... Deposits of U.S. Government .... Dcp~~!" of States and political sul>-
divtSlons ................... . Deposits of banks ............. .. Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................. .. Odter liabiUties for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of dtis bank and outstanding. Odtcr liabilities ............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock ............. Surplus ...................... . Undivided profits .......... Reserves for contingencies ........ .
Total LiabiUtics ..............

1,643,287.49 1,783,518.84
31,244.67
798,588.65 None
24,742.78
None None None
None 86,123.32 29,399.65
None None 150,000.00 200,000.00 7,700.06 20,000.00
$ 4,774,605.46

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSF.TS
Cash, balances widt other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sul>-
divisions ................... . Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Odtcr loans ................... . Bank Jlrcmiscs, furniture and fiXtures,
and other assets rcpre!ICnting bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to dtis bank on acceptances outstanding ....... . Odter assets ................... .
Total Assets ................... .

$ 382,136.96 576,969.69 535,000.00 242,836.23 None None 300,000.00
1,188,943.57
21,340.24 None None
2,081.33
$ 3,249,308.02

ROBT. C. McGINTY, Cashier.
Began Business: 7-16-1907

LIABILITIES
Demand deposits ............. Time and savings deposits ........ . Deposits of U.S. Government ..... Dcp.o~!s of States and political sul>-
dJVJSions ................... . Deposits of banks .............. . Certiftcd and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances c~ecutcd by or for ac cmmt of this bank and outstanding. Other Uabili tics .............. Reserves on loans .............. . Reserves on securitics ........... . Capital Notes and debentures .... Common stock ................ . Surplus ................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

$ 1,050,597.OS 1,359,810.27 25,339.74
492,795.94 None
11,712.97
None None None
None 17,610.35 42,889.25
None None 50,000.00 150,000.00 48,552.45 None
3,249,308.02

FIFTIETH ANNUAL REPORT

89

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS AND SOUTHERN BANK OF JACKSON Jackson (Butts), Ga.
As called for by the Superintendent of Banks

J. FRANK BARNES, President. Date of Charter: 4- I4- I969
ASSETS
Cash. balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities or other U.S. GovcrMtent
agencies and corporations ...... Ob~!lations or States and political sub-
divisions ................. Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loans ................ Bank premises, furniture and ftxturcs,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's ~ability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 377,498.84 792,212.33 None 801,742.24 None None None
5,471,844.33
228,220.12 None None
66,612.81
7,738,130.67

DENNIS A. O'NEAL,
Cashier. Began Business: 5-1-1969

LIABILITIES
Demand deposits ........ Time and savings deposits ........ Deposits of U.S. GovcrMtent ..... Dcp?si!' or States and political sub-
diVJSJOns ............ Deposits of banks .......... Certified and orficers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or ror account or U1is bank and outstanding. OU1er liabilities .............. Reserves on loans ............ Reserves on securities .......... Capital Notes and debentures ..... Common stock .............. Surplus ...................... Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

2,376,755.62 3,241,225.65
59,618.64
662,323.45 None
16,089.49
None None None
None 712,069.80
50.140.27 None None
300,000.00 200,000.00 50,552.85 69,354.90
s 7,738,130.67

STATEMENT Showing condition at the close of business December 3 I, I969, of
MciNTOSH STATE BANK Jackson (Butts), Ga.
As caUed for by the Superintendent of Banks

HENRY L. ASBURY,
President. Date of Charter: 2-14-1964
ASSETS
Cash. balances wiU1 other banks, and cash items in process of L'oUcction .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Obligations or States and political sub-
divisions ................... . Other securities induding corporate
stocks ..................... Trading account SCL'Uritics ........ . Federal funds sold and securities pur-
chased under agreements to rcscU . Other loans ................... Bank premises. furniture and fixtures,
and other assets representing bank prcnliscs ................... . Real estate owned other than bank prcn1iscs ................... Customer's ~ability to U1is bank on acceptances outstanding ....... Other assets ...................
Total Assets ................... .

s 411,285.30 356,355.52 505,171.88 111,837.39 None None 250,000.00 2,759,189.16
93,098.22 None None
17,241.86
s 4,504,179.33

G. ALTON COLWELL, Cashier.
Began Business: 9-18-1964

LIABILITIES
Demand deposits ............. Time and savings deposits ........ Deposits or U.S. Government ..... . Deposits or States and political sub-
divisions ................... . Deposits or banks .............. . Certified and orficcrs' checks etc. . .. Federal runds purchased and securities
sold under agreements to repurchase .................. . Other liabilities ror borrowed money . Mortgage indebtedness .......... . Acceptances e:\ecutcd by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided prorits .............. . Reserves for L'Ontingencics ........
Total Liabilities ................ .

1,092,221.21 2,084, 786.84
224,565.26
304,607.46 None
5,508.83
None None None
None 345,069.70 38.038.27
None None 250,000.00 100,000.00 59,381.76 None
4,504.179.33

90

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
JASPER BANKING COMPANY Jasper (Pickens). Ga.
As caned for by the Superintendent of Banks

MARK H. MOORE,
President. Date of Charter: 1-17-1945
ASSETS
Cash. balanres with other banks, and cash items in proress of collection .
U.S. Trcasm:y securities ..... Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISIOns ......... Other securities including corporate
stocks ............ Trading account securities ...... Federal funds sold and securities pur
chased under agreements to rcscU . Oll1cr loans ........... Bank premises, furniture and fixtures,
and oll1cr assets representing bank premises ....... Real estate owned oll1cr ll1an bank premises ......... Customer's liability to ll1is bank on acceptances outstanding ... Oll1cr assets ........
Total Assets ..........

$ 694,242.91 1,503,268. 71 1,000,000.00 94,122.53 None None 300,000.00 3,866,532.40
199,494.15 None None
6,771.05
$ 7,664,432.35

JAY L. HARRISON. Cashier.
Began Business: 3-12-1945

LIABILITIES
Demand deposits ........... Time and savings deposits ....... Deposits of U.S. Government ... Dcp!>~!S of States and political sub-
diVISIOns ............. Deposits of banks ..... Certified and officers' checks etc. . Federal funds purchased and securities
sold u ndcr agreements to repurchase .......... Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of ll1is lxlnk and outstanding. Otl1cr liabilities ......... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock ....... Surplus ............ Undivided profits ........ Reserves for contingencies .....
Total Liabilities ..

$ 2,901,408.48 3,305,717.48 173,624.10
446,916.42 9,110.00 None
None None 107,924.43
None 108,103.47 61,983.65
None None 200,000.00 200,000.00 149,644.32 None
$ 7,664,432.35

STATEMENT Showing condition at the close of business December 31, 1969, of
PEOPLES STATE BANK Jeffersonville (Twiggs), Ga. As caned for by the Superintendent of Banks

A.T. LAND, JR., President. Date of Charter: 12-1 0-1969
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obli.~f!ons of States and political sub-
dJVJSions ................. Other securities including corporate
stocks ................ Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Oll1cr loans ................. Bank premises, furniture and fixtures,
and other assets rcpre9Cnting bank premises ................... . Real estate owned oll1cr than bunk l'~rcmiscs ................... . Customer's liability to ll1is bank on acccptanres outstanding ....... . Oll1cr assets .............
Total Assets ...............

$ 410,626.21 185,144.06 95,009.38 None None None None 509,949.51
3,741.39 None None None
$ 1,204,470.61

JAMES W. ARNOLD, Cashier.
Began Business: 12-10-1969

LIABILITIES
Demand deposits ....... Tin1c and savings deposits ...... Deposits of U.S. Government ... Deposits of States and political sub-
divisions ................... . Deposits of banks .......... Certified and ofroccrs' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .............. Other UabiUtics for borrowed money . Mortgage indebtedness ......... Aa:cptanccs executed by or for account of this bank and outstanding. Other UabiU tics .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............. Surplus .................. Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ..............

$ 431,940.89 282,438.45 10,612.24
315,S31.0S None
19,980.09
None None None
None 19,829.11
None None None 50,000.00 70,000.00 4,132.78 None
$ 1,204,470.61

FIFTIETH ANNUAL REPORT

91

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF JONESBORO Jonesboro (Qayton), Ga. As called for by the Superintendent of Banks

C.S. CONKLIN, President. Date of Charter: I0-6-1903
ASSETS
Cash. balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
divtSJons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 985,051.00 1,344,908. 75 100,000.00 2,185,769.58 None None
200,000.00 5,103,773.13
234,179.79 None None
17,978.27
$ 10,171,660.52

C.S. CONKLIN,Il, Cashier.
Began Business: 11-7-1903

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 4,149,671.09 3,128,933.13 146,513.20
1,235,791.02 None
60,635.08
None None 75,587.44
None 426,004.21 107,803.30
None None 400,000.00 350,000.00 90,722.05 None
10,171,660.52

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~ga'!ons of States and political sub-
dtvlSlons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 777,888.00 675,043.50 625,000.00 None None None None
2,181,927.14
22,515.16 None None None
4,282,373.80

PAULK TILLER, Cashier.
Began Business: 12-1912

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sul>-
dtVJSJons ......... Deposits of banks .............. Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 831,978.03 2,288,874.05 16,347.43
512,144.52 235,641.72
11,666.57
None None None
None None 24,020.81 None None 100,000.00 100,000.00 100,000.00 61,700.67
4,282,373.80

92

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF LAFAYE'ITE, GEORGIA LaFayette (Walker), Ga.
As called for by the Superintendent of Banks

C.M. GILBERT, President.
Date of Charter: 11-13-1889
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. G<m:rnrnent
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions .............. Other securities including corporate
stocks ................ Trading account securities ....... Federal funds sold and securities pur-
chased under apecments to reseU . Other loans ............... Bank premises, furniture and fiXtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ................. Customer's lisbility to this bank on acceptances outstanding ..... Other assets ............
Total Assets ..............

s 1,276,379.08 1,890,246.51 None 2,126,129.35 None None 1,100,000.00 6,430,456.58
165,000.00 None None
2,500.00
s 12,990,711.52

W.L.BAKER, Cashier.
Began Business: 1899

LIABILmES
Demand deposits ............... Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
divisions ................. Deposits of banks ............. Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ........... Other lisbilities for borrowed money . Mortpge indebtedness .......... Acceptances executed by or for accou~t o!_~is bank and outstanding. Other liabilities .............. Reserves on loans ........ Reserves on securities .......... Capital Notes and debentures .. Common stock ............ Surplus .................. Undivided profits ..... Reserves for contingencies ........
Total Liabilities ..............

$ 4,852,285.09 5,147,506.50 195,432.44
1,093,658.76 None
144,492.15
None None None
None 223,111.87 150,000.00
None None 300,000.00 700,000.00 184,224.71 None
s 12,990,711.52

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with oU>er banks, and cash items in process of coUection
U.S. Treasury securities ......... Securitres of other U.S. Government
agencies and corporations ...... Ob~ll'!f:ions of States and politieal sub-
dtvmons ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rcseU . Other loans ................. Bank premises, furniture and fiXtures,
and oU>er assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................
Total Assets ................... .

s 1,898,359.82 3,574,150.02 None 4,002,490.95 30,300.00 None None 20,683,178.33
771,213.87 None None
96,383.64
s 31,056,076.63

C. JACK BARNES, Cashier.
Began Business: 8-2-1937

LIABILITIES
Demand deposits ............... Time and savings deposits ...... Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diVISions .................. Deposits of banks ........... CertifJed and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other lisbilities for borrowed money . Mortpge indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other lisbilities ............... Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. Reserves for contingencies ........
Total Liabilities ..............

s 8,761,228.09 14,348,011.52 83,555.17
1,996,623.85 37,500.00 41,416.03
None 367,000.00
None
None 2,676,238.55
369,376.74 2,850.00 None
500,000.00 500,000.00 114,491.71 1,257,784.97
s 31,056,076.63

FIFTIETH ANNUAL REPORT

93

STATEMENT Showing condition at the close of business December 31, 1969, 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-I94 I
ASSETS
Cash, balances widt other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diviSions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ....... oo oo oo oo oo Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned odter than bank premises . . . . . . . . . . . . 00 Customer's liability to this bank on acceptances outstanding ....... . Odter assets ................... .
Total Assets ................... .

1,038,611.39 614,410.98 None
1,998,033.40 None None
700,000.00 5,197,444.23
215,166.93 None None None
$ 9,763,666.93

MRS. CATHERINE T. KESLER, Cashier.
Began Business: 9-15-194 I

LIABILITIES
Demand deposits . . 00 00 00 Time and saYings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
diVISions ........ Deposits of banks 00 00 00 00 00 oo Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase . . . . . . 00 00 00 00 00 00 Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ........ 00 Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus . . . . 00 000000 oo oo Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ............ oo

$ 3,838,618.51 3,134,209.81 29,718.05
1,246,464.00 None 25.00
None None None
None 656,450.01 106,834.52
None None 200,000.00 300,000.00 180,880.08 70,466.95
9, 763,666.93

STATEMENT Showing condition at the close of business December 31, I969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities . . ....... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~'!ons of States and political sub-
diVISIOns ................
Other securities including corporate stocks ........ oo oo
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and nxtures,
and other assets representing bank premises ................... . Real estate owned odter than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................. oo
Total Assets ................... .

1,215,364.52 676,002.87 50,000.00
1,249,121.52 None None None
5,969,514.23
213,174.22 None None
10,820.03
$ 9,383,997.39

LEE H. SMITH, Cashier.
Began Business: 4-11-1966

LIABILITIES
Demand deposits ............... Time and saYings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!S of States and political sub-
diYJSJOns . . . . . . . . . . . . . 00 Deposits or banks .............. . CertifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .. oo oo oo Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilitics ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

2,582,501.15 5,086,082. 75
68,490.98
450,494.61 150,000.00
16,221.84
None None None
None 319,568.67 112,460.22
None None 250,000.00 225,000.00 123,177.17 None
$ 9,383,997.39

94

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collec:tion
U.S. Treasury securities .... Securities of other U.S. Government
.,.cies and corporations .... Ob~t!ons of States and political su~
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur
chased under apcements to reseU Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets represenlinl bank premises .................. .. Real estate owned other than bank premises .. Customer's liability to this bank on acceptances outstanding ... Other assets ...........
Total Asoets ..........

s 276,357.39 1,515,753.27 None 355,500.86 None None None 1,441,438.30
16,300.64 32,625.00
None 5~72.57
s 3,643,648.03

GENEVA S. CONNIE,
Cashier. Began Business: 1907

LIABILITIES
Demand deposits .............. .. Time and savinp deposits ..... Deposits of U.S. Government .... Depo~~ of States and political su~
divisions ................... . Deposits of banks .... Certified and ofllcers' checks etc. Federall\ands purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortpae indebtedness .. Acceptances executed by or for aocoun.t o~.tJ.tis bank and outstanding. Other liabilities ........ Reserws on loans ... Reserves on securities ........ Capital Notes and debentures .. Common stock ................ . Surplus ...................... . Undivided profits .. Reserves for conlinlencies ......
Total Liabilities ...

s 1,417,682.54 1,348,957.46 17,320.88
360,925.67 None
35,053.58
None None None
None 166,954.25
5,961.33 None None
50,000.00 150,000.00
90,792.32 None
s 3~3,648.03

STATEMENT Showing condition at the close of business December 31, 1969, of
NORTHEAST GEORGIA BANK Lavonia (Franklin), Ga.
As called for by the Superintendent of Banks

JOHN T. GILL, President. Date of Charter: 9-20-1940
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ..... O~t!ons of States and political su~
cliYmons ............. Other securities including corporate
stocks ............... Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Otltcr loans ................ Bank premises, furniture and faxtures,
and other assets representing bank premises ............. Real estate owned other than bank premises ........... Customer's liability to this bank on acceptances outstanding ...... Other assets ................
Total Asoets ................

s 461,150.46 797,065.00 950,000.00 488,629.30 None None 300,000.00 2,073,568.92
27,316.87 None None
32,342.22
s 5,130,072.77

MRS. ANNIE M. AKIN, Cashier.
Began Business: 9-23-1940

LIABILITIES
Demand deposits .......... Time and savings deposits ....... Deposits of U.S. Government ..... Dep_o~!S of States and political su~
divisions .............. Deposits of banks ....... Certifted and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortpae indebtedness ....... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ............. Reserves on loans ............ Reserves on securities ...... Capital Notes and debentures ..... Common stock .............. Surplus ................... UncliYided profits ............ Reserves for contingencies ......
Total Liabilities ...............

s 2,331,365.13 1~78~00.03 51,375.75
543,001.86 None
16,008.77
None None None
None 23,613.77 31,037.91
496.57 None
100,000.00 175,000.00 115,366.04 64,206.94
s 5,130,072.77

FIFTIETH ANNUAL REPORT

95

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BRAND BANKING COMPANY Lawrenceville (Gwinnett), Ga.
As called for by the Superintendent of Banks

BARTOW MORGAN, Ill, President. Date of Charter: 6-2-1905
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
divJstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . federal funds sold and securities pur
chased under agreements to rescU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned otlter tltan bank premises ................... . Customer's liability to tltis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

1,107,553.04 1,150,932.09
100,000.00 3,143,133.13
12,000.00 None
1,800,000.00 4,786,358.21
124,447.83 None None None
$ 12,224,424.30

MRS. ELIZABETH L. PURCELL, Cashier.
Began Business: 7-17-1905

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diVISions ................... . Deposits of banks ..... 00 00 .... . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .. oo oo oo ... oo ... oo Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ........ 00 oo ... 00 Reserves on loans ............. 00 Reserves on securities ........... . Capital Notes and debentures ..... . Common stock oo oo oo oo oo oo .. oo Surplus 00. oo .. 0000 .. oo . . . oo .. . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

$ 3,473,484.53 5,478,928.82 118,478.76
1,937,068.12 None
11,593.40
None None None
None 25,240.00 118,061.00
None None 200,000.00 200,000.00 661,569.67 None
$ 12,224,424.30

STATEMENT Showing condition at the close of business December 31, 1969, of
JORDAN BANKING COMPANY Leary (Calhoun), Ga.
As called for by the ~uperintendent of Banks

MARJORIE M. JORDAN, President. Date of Charter: 12-3Q-1965
ASSETS
Cash, balances witlt otlter banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
diVISIOns ... , . , ... ,
Other securities including corporate stocks ..................... .
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Otlter loans 00 00 00 . . . . 00 . . . . . . . . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets . . 00 . . . . 00 . . . . 00 00
Total Assets ................... .

$ 303,276.88 315,160.83 710,491.67 69,685.20 None None None
1,098,786.15
6,537.32 None None
1,129.00
2,505,061.05

MINNIE LEE DOZIER, Cashier.
Began Business: 1-3-1966

LIABILITIES
Demand deposits 00 . . . 00 00 00 00 00 Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!s of States and political sub-
diVISions oo . . . . . oo .oooo . . . . . . Deposits of banks . oo oo oo oo oo oo Certifocd and offtcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase . 00 . . . . . . . . . 00 00 00 Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ...... 00 .. 00 00 00 Reserves on loans 00 . . 00 00 00 00 00 Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ........ oo ...... . Surplus . . . . . . . . . . 0000 .. 0000000 Undivided profits . . . . . oo . . . . . . 00 Reserves for contingencies ........ .
Total Liabilities ................

690,145.64 950,810.05
950.50
571,677.30 29,788.90 19,954.51
None None None
None 14,377.28 10,439.98
None None 50,000.00 100,000.00 66,922.89 None
$ 2,505,061.05

96

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasouy securities ........ Securities of other U.S. Government
agencies and corporations ...... Ob~!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ............. Trading account securities .... Federal funds sold and securities pur-
chased under apeements to reseU Other loans ................ Bank premises, furniture and fixtures,
and other assets representins bank premises ............ Real estate owned other than bank premises .... Customer's lisbility to this bank on acceptances outstanding ... Other assets ...............
Total Assets .............

$ 308,789.97 492,464.51 25,000.00 97,503.64 None None 500,000.00
1,005,784.79
91,307.18 None None None
$ 2,520,850.09

T.R. CANNON, Cashier.
Began Business: 12-1-1947

LIABILITIES
Demand deposits ............... Time and savin&s deposits ........ . Deposits of U.S. Government ..... Dep!l~!" of States and political sub-
diVISions ................ Deposits of banks ........... Certified and offiCers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other lisbilities for borrowed money . Mortgage indebtedness ..........
Acceptances executed by or for ac-
count of this bank and outstanding. Other lisbilities ................ Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ........... Surplus .................. Undivided profits ....... Reserves for contingencies .......
Total Liabilities ..............

$ 821,247.79 672,500.45 None
702,672.03 None None
None None None
None 30,511.84 8,158.57
None None 50,000.00 150,000.00 60,759.41 25,000.00
$ 2,520,850.09

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF LENOX Lenox (Cook), Ga. As called for by the Superintendent of Banks

R.H. ROBINSON, President. Date of Charter: 6-20-1907
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations .... O~t!ons of States and political sub-
divisions ............... Other securities including corporate
stocks ................... Trading account securities ..... Federal funds sold and securities pur-
chased under apeements to reseU Other loans ............... Bank premises, furniture and fixtures,
and other assets repre10nting bank premises .......... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ... Other assets ............
Total Assets ............

$ 758,333.93 485,936.33 532,500.00 509,960.28 None None None
1,572,761.21
49,567.14 None None None
$ 3,909,058.89

R.H. ROBINSON,JR., Cashier.
Began Business: 6-25-1907

LIABILmES
Demand deposits ............ Time and savings deposits ....... Deposits of U.S. Government ..... . Dep!l~!" of States and political sub-
divisiOns ................. Deposits of banks .......... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other lisbilitics for borrowed money . Mortgage indebtedness .........
Acceptances executed by or for ac-
count of this bank and outstanding. Other lisbilities ............... Reserves on loans ............ Re10rves on securities .......... Capital Notes and debentures ..... . Common stock ..... Surplus ..................... Undivided profits .............. Reserves for contingencies ........
Total Liabilities ...............

$ 1,427,841.98 1,558,928.67 155,325.26
131,151.96 96,524.67
7,413.23
None None None
None 40,716.34
None None None 150,000.00 150,000.00 156,623.68 34,533.10
$ 3,909,058.89

FIFTIETH ANNUAL REPORT

97

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
divtSlons ................... . Other securities including corporate
stocks ................ Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ............ Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... . Real estate owned otlter than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Otlter assets ......
Total Assets ..................

228,996.00 249,812.50 449,812.50 50,542.45
None None 200,000.00 814,853.71
39,005.76 None None
7,222.66
$ 2,040,245.58

ROBT. P. HINES, Cashier.
Began Business: 1-2-1941

LIABILITIES
Demand deposits ........... Time and savings deposits .... Deposits of U.S. GovernmenI .. Dep~~!' of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . OOter liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ........ Surplus ...................... . Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ........

$ 818,283.78 956,790.55 9,056.87
72,513.47 None None
None None None
None 21,972.73 11,993.17
None None 50,000.00 90,000.00 9,635.01 None
2,040,245.58

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances witlt other banks, and cash items in process of coUcction .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
dJVtSlons ................... . Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Odter loans ................... Bank premises. furniture and fixtures.
and other assets representing bank premises ................... . Real estate owned odter than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . Other assets ...................
Total Assets ..................

348,727.24 313,599.89 215,000.00 197,388.44
None None 130,000.00 1,376,661.80
75,239.00 None None
2,798.80
2,659,415.17

W.E. EVANS, Cashier.
Began Business: 3-10-1949

LIABILITIES
Demand deposits ........... Time and savings deposits .... Deposits of U.S. Government ... Deposits of States and political sub-
divisions ................... . Deposits of banks ............. Certiroed and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total liabilities ................ .

$ 907,486.67 1,307,038.08 13,869.82
209,446.40 None
6,515.26
None None None
None None 25,000.00 None None 100,000.00 65,000.00 25,058.94 None
2,659,415.17

98

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balance with other banks, and cash items in process of collection
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations .... Ob~!ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under apeements to reseU . Other loans ................... . Bank premises, furniture and fJXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ..... Other assets ................... .
Total Assets ................... .

s 702,738.03 1,126,074.07 324,900.00 518,074.53 None None 500,000.00 2,032,847.83
80,881.56 None None None
s 5,28S,S16.02

GEO. C. LEVERETT, JR., Cashier.
Began Business: 12-2-1911

LIABILITIES
Demand deposits ............... . Time and saYif1!1S deposits ........ Deposits of U.S. Government ..... Dep!'~!' of States and political sub-
diVISions .......... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Resenes on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 2.064,958.16 2,195,739.38 25,116.00
421,265.47 None
1,552.00
None None None
None None 30,399.88 None None 100,000.00 100,000.00 346,485.13 None
$ 5,285,516.02

STATEMENT Showing condition at the close of business December 31, 1969, of
THE PEOPLES BANK Lithonia (DeKalb), Ga. As called for by the Superintendent of Banks

C.E. WAITES,
President. Date of Charter: 8-26-1910
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~'!ons of States and political sub-
diVISIOns .............. Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under apeements to reseU . Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets ................... .

s 809,951.21 868,459.29 750,082.23 480,613.90 None None None 3,100,651.28
155,065.28 None None
15,071.88
s 6,179,895.07

G.S. ANDERSON, Cashier.
Began Business: 1910

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits or U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . Certified and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 2.662,397.00 1,841,875.85 202,841.64
776,588.04 None
6,734.04
None None 41,875.90
None 139,420.24 53,880.81
None None 130,000.00 170,000.00 77,166.71 77,114.84
s 6,179,895.07

FIFTIETH ANNUAL REPORT

99

STATEMENT Showing condition at the close of business December 31, 1969, 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

ASSETS

Cash, balances with other banks, and

cash items in process or collection

u.s. U.S. Treasury securities ......

Securities or other

Government

agencies and corporations ...... .

Ob~t!ons or States and political sub-

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

Other securities including corporate

stocks .................

Trading account securities ........ .

Federal funds sold and securities pur

chased under apeements to resell .

Other loans ................

Bank premises, furniture and fiXtures,

and other assets representing bank

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

Real estate owned other than bank

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

Customer's liability to this bank on

acceptances outstanding ....... .

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

Total Assets ...................

s 168,338.09 105,000.00 220,000.00 None None None None 726,542.17
11,944.92 7,000.00 None None
s 1,238,825.18

MRS. ANN B. GARLAND, Cashier.
Began Business: 1-191 0

LIABlLmES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Depo~!J or States and political sub-
diviSions ................... Deposits or banks ........... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Aa:eptances executed by or for ac count or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

$ 544,611.42 453,222.19 1,677.64
93,386.90 5,745.36 5,603.31
None None None
None 21,115.43
None None None 30,000.00 50,000.00 33,462.93 None
1,238,825.18

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process or collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... Ob~~'!ons or States and political sub-
diviSions ................. Other securities including corporate
stocks ..................... Trading account securities ........ Federal funds sold and securities pur
chased under apeements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and ot11er assets representing bank premises .................. Real estate owned other than bank premises .................. Customer's liability to this bank on acceptances outstanding ....... . Other assets ..................
Total Assets ...................

s 128,190.84 275,297.77 79,993.75 364,204.40 None None 245,000.00 788,032.39
20,779.89 None None
2,380.44
1,903,879.48

JAMES T. FISCHER, Cashier.
Began Business: 10-5-1946

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits or U.S. Government ..... . Dcp_o~!s or States and political sub-
divtSJons ................... . Deposits or banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves ror contingencies ........ .
Total Liabilities ................ .

747,249.45 880,668.55
3,789.00
76,615.53 None
934.52
None None None
None 13,625.03 21,547.00
None None 50,000.00 100,000.00 9,450.40 None
$ 1,903,879.48

100

DEPARTMENT OF BANKING

SfATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasul}' securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions ................ Other securities including corporate
stocks .................. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................ Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... Real estate owned other than bank premises .................. Customer's liability to this bank on acceptances outstanding ....... Other assets ............
Total Assets ..................

$ 113,951.77 185,000.00 325,000.00 85,174.43 None None None 964,787.04
14,236.06 None None
919.33
$ 1,689,068.63

W.C. WILLIAMS, Cashier.
Began Business: 7-2-1945

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~~ of States and political sub-
diVJSIORS
Deposits of banks .............. Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............ Surplus ..................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

$ 878,656.78 379,959.68 19,502.32
175,132.16 None
4,062.51
None None None
None 13,318.46 22,457.69
None None 50,000.00 75,000.00 70,919.03 None
$ 1,689,068.63

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS STATE BANK Lumpkin (Stewart), Ga.
As called for by the Superintendent of Banks

WM. P. CARTER, President. Date of Charter: 1~21-1911
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. TreasuiY securities ......... Securities of other U.S. Government
agencies and corporations ..... Ob~~f:ions of States and political sub-
diviSions ............... Other securities including corporate
stocks .................. Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell Other loans .................. Bank premises, furniture and fiXtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ............... Customer's liability to this bank on acceptances outstanding .... Other assets .............
Total Assets .................

$ 369,292.43 775,164.06 113,409.98 None None None 200,000.00
1,032,627.81
10,594.33 11,372.79
None 300.00
$ 2,512,761.40

J.M. DUNAWAY, Cashier.
Began Business: 12-1911

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!s of States and political sub-
diviSions .................. Deposits of banks .......... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans ........... Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ..................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ...............

1,058,293.29 827,587.62 21,093.28
315,392.70 None
7,368.06
None None None
None 41,257.63 11,205.66
3,268.43 None
100,000.00 50,000.00 77,294.73
None
$ 2,512,761.40

FIFTIETH ANNUAL REPORT

101

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obtigations of States and potitical sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

326,242.30 349,342.38 375,021.89
16,392.65 1.00 None
300,000.00 1,059,389.06
27,962.46 None None
1,349.00
2,455,700.74

ELIZABETH W. REID, Cashier.
Began Business: 8-3-1906

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. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other Uabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other Uabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 774,766.48 875,881.62 19,369.18
571,599.36 47,500.00 9,484.92
None None None
None 14,622.67 10,428.84
None None 50,000.00 50,000.00 32,047.67 None
2,455,700.74

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Obti.~'!ons of States and political sub-
diVISions ........... Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than oonk premises ................... Customer's Uability to this bank on acceptances ou!standing ....... . Other assets ................... .
Total Assets ................... .

$ 1,120,316.31 835,398.55
1,430,000.00
438,642.48 None None
600,000.00 2,571,709.55
38,130.30 None None None
s 7,034,197.19

CHARLES W. McCALL, Cashier.
Began Business: 6-1-1935

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits or U.S. Government ..... . Dep~~!s of States and political sub-
diVISIOns , , ........ , ... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,038,600.33 2,035,803.05 55,731.14
921,759.17 180,011.59 49,833.13
None None None
None None 38,618.34 None None 200,000.00 200,000.00 243,840.44 70,000.00
7,034,197.19

102

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations .... Ob~t!Ons of States and political su~
divisions . Other securities including corporate
stocks .......... Trading account securities ... Federal funds sold and securities pur-
chased under apeements to resell . Other loans ............. Bank premises, furniture and roxtures,
and other assets representing bank premises ........... Real estate owned other than bank premises ..... Customer's liability to this bank on acceptances outstanding ... Other assets ........
Total Assets ..........

s 623,668.79 1,515,689.83 225,000.00 711,002.44 None None 400,000.00 1,832,120.92
2.00
None None
5,633.04
s 5,313,117.02

R.M. PARSONS, Cashier.
Began Business: 3-28-1919

UABILmES
Demand deposits .............. Time and savinp deposits ........ Deposits of U.S. Government .... Dep?~!S of States and political su~
diviSions ........... Deposits of banks ....... Certined and officen' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money Mortgage indebtedness ........ Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities .......... Reserves on loans .......... Reserves on securities ....... Capital Notes and debentures .. Common stock ........... Surplus ............ Undivided profits .......... Reserves for contingencies .....
Total Liabilities .......

s 3,721,983.77 452,513.78 109,380.33
U9,774.67 533.64 490.05
None
None
None
None 112,088.92 100,104.19
10,000.00 None
100,000.00 300,000.00 50,000.00
86,247.67
s 5,313,117.02

STATEMENT Showing condition at the close of business December 31, 1969, of
THE SOUTH COBB BANK Mableton (Cobb), Ga.
As called for by the Superintendent of Banks

LEE E. PARTAIN, JR., President. Date of Charter: 6-21-1963
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ....... Securities of other U.S. Government
aaencies and corporations .. O~~ons of States and political su~
divisions ......... Other securities including corporate
stocks ............ Tradina account securities ... Federal funds sold and securities pur-
chased under apeements to resell Other loans ............ Bank premises, furniture and r"'tures,
and other assets representing bank premises ....... Real esla1e owned other than bank premises ................... . Customer's liability 1o this bank on acceptances outstanding ... Other assets
Total Assets ......

s 959,876.76 746,458.57 710,650.00 465,024.53 None None None 6,009,893.61
201,308.81 83,389.69 None 39,955.92
s 9,216,557.89

BOBBY G. THOMAS, Cashier.
Began Business: 3-2-1964

UABILmES
Demand deposits ....... Time and savings deposits ... Deposits of U.S. Government ...
De!>?!i!S of States and political su~ divisions .. Deposits of banks .... CertifJed and ofllcen' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness .... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ......... Reserves on loans ......... Reserves on securities ....... Capital Notes and debentures .... Common stock ........... Surplus ............ Undivided pronts ...... Reserves for contingencies ...
Total Liabilities ............

$ 3,493,470.15 3,282,201.71 162,361.39
559,351.85 None
119,962.16
None
None None
None 661,519.88
62,385.95
None
None 312,500.00 312,500.00 250,304.80
None
s 9,216,557.89

FIFTIETH ANNUAL REPORT

103

STATEMENT Showing condition at the close of business December 31, 1969. 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ..... : . ObU_I!I;II_ions of States and poUtical sul>-
divwons ................... . Other securities including corporate
stocks .................... .. Trading account securities . Federal funds sold and securities pur
chased under agreements to reseU Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets rcpresen ling bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's Uability to this bank on acceptances outstanding ..... Other assets ................... .
Total Assets .................

$ 5,153,788.72 4,688,927.48 150,000.00 4,079,231.41 None None 400,000.00 23,716,269.76
691,656.46 22,500.00 None
289,291.32
$ 39,191,665.15

J.ROLAND MAY, Cashier.
Began Business: 7-1-1960

LIABILITIES
Demand deposits ........ Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!" of States and political sub-
diVISions .................. Deposits of banks ............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other Uabilities ... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures Common stock ............. Surplus .................. Undivided profits . Reserves for contingencies ........ .
Total Liabilities .....

$ 13,628,056.77 10,394,140.79 102,797.22
4,184,952.92 5,759,750.90
154,177.04
None None 257,800.00
None 1,331,090.14
496,016.67 None None
1,250,000.00 1,000,000.00
619,204.24 13,678.46
$ 39,191,665.15

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with oti1er banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . ObU_~!~;~t!ons of States and poUtical sub-
diviSIOns ................... . Other securities including corporate
stocks ............... Trading account securities Federal funds sold and securities pur-
chased under agreements to reseU OU1er loans .......... Bank premises, furniture and fiXtures,
and oti1er assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to Ulis bank on acceptances outstanding ....... Other assets ................... .
Total Assets ............

$ 443,176.34 859,795.00 100,000.00 298,235.34 None None 150,000.00
2,644,277.84
179,607.01 84,044.75 None 75.09
$ 4,759,211.37

H.G. LOMAX, Cashier.
Began Business: 1-1-1890

LIABILITIES
Demand deposits ............... . Time and savings deposits . Deposits of U.S. Government .. Dep~~!s of States and poUtical sub-
diVISIOns ................. Deposits of banks ...... Certified and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ...... Other Uabilities for borrowed money . Mortgage indebtedness ... Acceptances executed by or for account of this bank and outstanding. Other Uabilitics ... Reserves on loans .... Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ....... Surplus ............. Undivided profits ....... Reserves for contingencies ........ .
Total Liabilities ................ .

1,693,515.56 2,037,704.15
27,439.03
526,588.17 7,500.00 23,559.53
None None 73,012.94
None None 31,612.20 None None 100,000.00 150,000.00 88,279.79 None
4, 759,211.37

104

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF MANCHESTER Manchester (Meriwether), Ga. As called for by the Superintendent of Banks

CLAUDE A. BRAY, President. DateofCharter: l-28-1910
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... Obiipt!ons of States and political sul>-
divisions ... Other securities including corporate
stocks ................. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .............. Bank premises, furniture and fixtures,
and other assets representing bank premises ................ Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ....... Other assets .................
Total Assets ..................

$ 714,680.30 2,242,290-08 450,000.00 1,074,286.32 None None 200,000.00 3,641,460-83
35,288.51 None None
5,635.47
$ 8,363,641.51

THOMAS A. BROWN, JR.,
Cashier. Began Business: 2-2-1910

LlABJLmES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~!" of States and political sul>-
diVISions ................. Deposits of banks ............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ...................... Undivided profits .......... Reserves for contingencies ........
Total Liabilities .............

$ 3,066,220.26 3,861,340.48 69,452.14
549,411.35 None
9,445.29
None None None
None 169,893.91 68,501.79
None None 200,000.00 200,000.00 149,376.29 20,000.00
$ 8,363,641.51

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS AND MERCHANTS BANK OF MANCHESTER Manchester (Meriwether), Ga.
As called for by the Superintendent of Banks

ELMER LOFTIN,
President. Date of Charter: IQ-7-1947
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ..... Obli_~'!ons of States and political suJ>.
divJstons ................ Other securities including corporate
stocks ................. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .............. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... Other assets ................
Total Assets ................

$ 443,657.59 274,457.41 710,000.00 327,245.36 None None None
1,695,103.40
23,656.08 None None
4,990.47
$ 3,479,110.31

JIMMIE F. LOFTIN, Cashier.
Began Business: 2-2-1948

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~~ of States and political sul>-
divisions ..... Deposits of banks ........ CertifJed and off~eers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ... Common stock ................ Surplus ..................... Undivided profits .............. . Reserves for contingencies ........
Total Liabilities ...............

1,185,078.67 1,432,496.07
31,405.29
427,720.88 None
33,782.56
None None None
None 20,000.00 31,765.25
None None 100,000.00 100,000.00 116,861.59 None
$ 3,479,110.31

FIFTIETH ANNUAL REPORT

105

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF MANSFIELD Mansfield (Newton), Ga. As called for by the Superintendent of Banks

A.E. HAYS, President. Date of Charter: 12-19-1945
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

155,783.88 50,000.00 623,028.13
None None None 150,000.00 857,929.08
7,400.82 None None
7,000.00
1,851,141.91

M.O. CAMPBELL, Cashier.
Began Business: 3-1-1946

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. . .. Federal funds purchased and secwities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Rcsetvcs on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 646,831.48 730,888.15 12,331.49
244,730.03 None
9,072.72
None None None
None 7,000.00 3,676.68
None None 25,000.00 100,000.00 71,611.36 None
1,851,141.91

STATEMENT Showing the condition at the close of business December 31, 1969, of
COBB EXCHANGE BANK Marietta (Cobb), Ga.
As called for by the Superintendent of Banks

WILLIAM D. LITTLE, President. Date of Charter: 12-18-1906
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

1,515,438.83 2,135,862.83
None 5,563,314.20
None None None 11,814,456.85
260,175.82 None
28,498.00 231,741.61
$ 21,549,488.14

KNOX V. WOOD, Cashier.
Began Business: 1-1-1907

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~~s of States and political sub-
divtSJons . . . . . . . . . o 0 0 Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans 0 Reserves on securities . 0 0 0 Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies .... 0
Total Liabilities ................ .

$ 9,898,955.32 6,494,442.38 191,578.74
2,073,149.37 None
7,033.44
None None None
28,498.00 583,241.47 320,553.89
23,245.28 None
375,000.00 1,000,000.00
553,790.25 None
s 21,549,488.14

106

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
MARIE'ITA COMMERCIAL BANK Marietta (Cobb), Ga.
As called for by the Superintendent of Banks

WALTER E. GRAHAM, President. Date of Charter: 9-2-1955

ASSETS

Cash, balances with other banks, and

cash items in process of collection .

U.S. Treasury securities .....

Securities of other U.S. Government

agencies and corporations ...... .

Ob~t!ons of States and polilical sub-

divwons ....... ooOOoooooo

OU1cr securities including corporate

stocks

oo oooooooo oo oo.

Trading account securities ....

Federal funds sold and securities pur

chased under agreements to resell .

Other loans ...... 00

Bank premises, furniture and fixtures,

and other assets representing bank

premises 0000 OoooooOoooOOoo

Real estate owned od1cr than bank

premises . . . . . . oooooo . . . . . . . .

Customer's liability to this bank on

acceptances outstanding ...

Other assets 00 . . . 00 . . . . 00 00 . . . 00

Total Assets . . . . . . . . . . . . . . 00

$ 1,656,992.05 1,572,255.50 998,937.50 1,890,209.55 None None 200,000.00 6,412,543.41
396,538.56 None None
126,859.70
$ 13,254,336.27

JAMES E. LAWSON, Cashier.
Began Business: 9-17-i 956

LIABILITIES
Demand deposits 00 00 00 00 . . . 00 00 Time and savings deposits ...... Deposits of U.S. Government . Dcp!'~!" of States and political sub-
divJSoons 00 00 . . . . . . . 00.00 00 Deposits of banks 00 . . . . . . 00 oo 00 Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase 00 oo . . . . . . . . . . . . . 00 OU1er liabilities for borrowed money Mortgage indebtedness ...... Acceptances executed by or for ac count of d1is bank and outstanding. OU1cr liabilities . . 00 00 00 00 . . . . . Reserves on loans ...... Reserves on securities ........... . Capital Notes and debentures .. Common stock .. 00 . . . . . . . . . . 00 Surplus oo oo . . oo . . . . . . . . . . . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ............ oo

$ 6,237,063.49 3,553,878.32 162,807.94
1,561,001.31 10,000.00 123,678.28
None None None
None 377,857.68 144,099.69
28,158.84 None
420,000.00 580,000.00
55,790.00 None
$ 13,254,336.27

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances wid other banks, and cash items in process of collection
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ...... Obli.J!-'!ons of States and political sub-
d.ivJSJons ... Other securities including corporate
stocks ..................... . Trading account securities .... Federal funds sold and securities pur
chased under agreements to resell Od1cr loans . . . . 00 . . . . . . 00 00 . . . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank rremises ................ 0 Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets .................. 00

$ 153,532.45 214,960.00 150,000.00 49,450.53 None None
125,000.00 969,697.96
20,082.56 3,881.25 None 3,315.58
$ 1,689,920.33

J.R. ALLEN, Cashier.
Began Business: 9-27-1910

LIABILITIES
Demand deposits ....... Time and savings deposits ...... Deposits of U.S. Government .... Deposits of States and political sub-
divisions ................... . Deposits of banks 00 00 . . . . . . . . . . . CertirJCd and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase . . . . . . . . . . . oo .. oo oo Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock ................ . Surplus oo . . . . . . . . . . . . . 00 . . . . . . Undivided profits 00 00 . . . . . . Reserves for contingencies ........ .
Total Liabilities ................ .

487,556.65 795,835.05
13,786.39
129,122.92 None
23,576.02
None None None
None 10,295.06 19,534.67
None None 75,000.00 75,000.00 43,517.87 16,635.70
1,689,920.33

FIFTIETH ANNUAL REPORT

107

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ..... Securities of otbcr U.S. Government
agencies and corporations Obligations of Slates and political sub-
divisions ................... . Other securities including corporate
stocks ............ Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rescU Other loans ............ Bank premises, furniture and r1Xtures.
and otl1er assets representing bank premises ................... . Real estate owned otbcr than bank premises ................... . Customer's liability to this bank on acceptances outstanding Other assets ................... .
Total Assets ..................

$ 278,823.31 233,856.25 659,250.00 119,981.00 None None
None 1,202,797.63
12,137.09 None None None
$ 2,506,845.28

TOM SMITH, Cashier.
Began Business: 6-1903

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
divtSlons ................... . Deposits of banks .............. . Certified and officers' cbccks etc. . Federal funds purchased and securities
sold under agreements to repurchase ................. .. Oilier liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for account of this bank and outstanding. Otbcr liabilities ................ . Reserves on loans ............. .. Reserves on securities ........... . Capital Notes and debentures ... Common stock ........... Surplus ...................... . Undivided profits .............. Reserves for contingencies ........
Total Liabilities .............

$ 1,057,262.79 882,928.53 10,697.70
208,119.02 None
1,703.04
None None None
None 15,148.40 19,742.58
None None 50,000.00 100,000.00 61,243.22 100,000.00
$ 2,506,845.28

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks ................. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loons ................ Bank premises, furniture and fixtures,
and other assets repregenting bank premises ................... . Real estate owned other than bank J"remises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets .........

595,392.05 1,121,323.99
250,000.00 481,643.43
None None 550,000.00 4,436,539.98
4,493.98 32,000.00
None 50.14
7,471,443.57

MARGARET D. PARKER, Cashier.
Began Business: 8-26-1935

LIABILITIES
Demand deposits ............. Time and savings deposits ...... Deposits of U.S. Government .... Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . CertiflCd and officers" checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances eeculcd by or for accounI of this bank and ou!Standing. Other liabilities ............ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ...........

$ 2,273,424.59 3,736,349.06 51,056.11
416,704.98 None
58,543.60
None None None
None 289.896.25 78.389.73
None None 150,000.00 150,000.00 111,078.65 150,000.00
$ 7,471,443.57

108

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
PINELAND STATE BANK Metter (Candler), Ga.
As called for by the Superintendent of Banks

G.H. ROUNTREE, President. Date of Charter: I 2-27-1 961
ASSETS
Cash. balances with other banks, and cash items in process of collection
U.S. Treasury securities .. Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ............ Other securities including corporate
stocks ......... Trading account securities ..... Federal funds sold and securities pur
chased under agreements to rescU . Other loans ........... Bank premises, furniture and raxtures,
and other assets representing bank premises ......... Real estate owned other than bank premises .......... Customer's liability to this bank on acceptances outstanding .... Other assets ...........
Total Assets .........

$ 340,394.51 409,004.25 None None None None
1,200,000.00 1,311,632.81
64,987.18 None None
21,757.16
3,347,775.91

LANELLE H. JARRIEL, Cashier.
Began Business: 10-15-1962

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. . .. Federal funds purchased and securities
sold u ndcr agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness .... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Rcsetves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock .......... Surplus ............ Undivided profits ...... Reserves for contingencies ......
Total Liabilities ........

$ 820,593.74 1,562,515.87 15,075.58
560,613.01 None
33,246.00
None None 10,000.00
None 66,475.72 19,691.82
None None 100,000.00 75,000.00 84,564.17 None
$ 3,347,775.91

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF MIDVILLE Midville (Burke), Ga. As called for by the Superintendent of Banks

J. FRANK FARMER, President. DateofCharter: 4-13-1945
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~~'!ons of States and political sub-
dJYISJons ................... Other securities including corporate
stocks ............. Trading account securities ........ Federal funds sold and securities pur
chased under agreements to rcseU . Other loans ............ Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's Hability to this bank on acceptances outstanding ..... Other assets ..............
Total Assets .............

$ 194,863.16 335,056.25 12,685.16 28,803.00 None None None 715,480.19
2,672.00 None None None
$ 1,289,560.22

JAMES B. FLANDERS, Cashier.
Began Business: 5-21-1945

LIABILITIES
Demand deposits .......... Time and savings deposits ...... Deposits of U.S. Government .. Deposits of States and political sub-
divisions ................... . Deposits of banks ......... CertifJCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............ Surplus ............... Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities .............

s 563,454.66 398,121.84 5,973.31
141,607.68 5,000.00 1,678.96
None None None
None 13,149.82
None None None 25,000.00 100,000.00 20,496.20 15,077.75
$ 1,289,560.22

FIFTIETH ANNUAL REPORT

109

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF MILAN Milan (Telfair), Ga. As called for by the Superintendent of Banks

G.C. JONES, President. Date of Charter: I 2-5- I906
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

336,444.27 50,000.00 600,000.00 106,630.54
None None 100,000.00 1,196,188.08
23,766.03 None None None
$ 2,413,028.92

JACK B. WETHERINGTON, SR., Cashier.
Began Business: I 0-1906

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!" of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . ReseJVes on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,348,936.27 769,100.26 700.00
18,016.84 None
15,729.46
None None None
None 24,704.54 42,442.00
None None 70,000.00 50,000.00 54,941.55 18,458.00
$ 2,413,028.92

STATEMENT Showing condition at the close of business December 31, 1969, of THE CITIZENS AND SOUTHERN BANK OF MILLEDGEVILLE
Milledgeville (Baldwin), Ga. As called for by the Superintendent of Banks

CHARLES F. HEARD, President. Date of Charter: 2-28-1874
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
diVISIOns ... , , .... , .....
Other securities including corporate stocks ..................... .
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ouISlanding ....... . Other assets ................... .
Total Assets ................... .

1,062,200.05 1,929,542.12
346,796.88 1,640,293.66
None None None 5,744,003.99
17,242.71 18,000.00
None 60,591.53
$ 10,818,670.94

W.E. ROBINSON, III. Cashier.
Began Business: I0-13-1884

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . Certiftcd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

3,590,560.36 3,903,818.47
123,111.50
1,570,098.53 22,464.17 14,059.11
None None None
None 241,328.33
87,142.55 3,350.50 None
400,000.00 600,000.00 167,737.42
95,000.00
$ 10,818,670.94

110

DEPARTMENT OF BANKING

Sl'ATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash ilems in process of collection
~J::s"3 ::.~~.S: <;;,:..;,;.;.;,~~i agencies and corporations .... O~t!ons of Stales and political sub-
divisions . . . . . . . Other securities inclucJins corporate
stocks ........ Trading account securities ... Federal funds sold and securities pur
chased under apeements to resoD Other loans .... Bank premises, furniture and fiXtures,
and other assets represenlin&: bank premises ...... Real estale owned other than bank premises ......... Customer's liability to this bank on acceptances outstanding . Other assets ..........
Total Assets .......

$ 1,5oo,474.31 3,180,438.94 881,582.24 2,566,407.57 None None 1,100,000.00 6,121,478.97
321,338.42 None None
128,230.69
$ 15,7!1!1,!151.14

W.A. HEMPHILL, JR., Cashier.
Began Business: 6-1-1903

LIABILmES
Demand deposits ............... Time and sarin&:! deposits ....... Deposits of U.S.'Govcmment ..... Dcp~~~ of States and political sub-
divisions ............... Deposits of banks .......... CertifJCd and officers checks etc. . Federal funds purchased and securities
sold u ndcr agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this lxlnk and outstanding. Other liabilities .............. Reserves on loans ............ Reserves on securities .......... Capital Notes and debentures ... Common stock ........... Surplus ............... Undivided profits .......... Reserves for contingencies ........
Total Liabilities ...........

$ 3,828,137.54 6,609,733.77 323,021.76
2,787,763.11 243,529.04 25,011.83
None 109,228.12
None
None 457,642.09 142.300.59
None None 300,000.00 &00,000.00 121,535.29 52,048.00
$ 15,799,!151.14

Sl'ATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coOection
U.S. Treasury securities ... Securities of other U.S. Government
agencies and corporations .... Ob~'!ons of Stales and political sub-
divisions ........... Other securities incluclins corporate
stocks ............. Trading account securities .... Federal funds sold and securities pur
chased under apeements to reseD Other loans ............ Bank premises, furniture and fiXtures,
and other assets representing bank premises .......... Real estate owned other than bank premises ........ Customer's liability to this bank on acceptances outstancJins ... Other assets ......
Total Assets ..........

$ !il06,89o.13 1,755,572.20 450,000.00 626,439.20 None None 350,000.00 4,039,633.43
183,582.77 None None
1,!162.00
$ 8,314,079.73

MRS. SALLIE W. HOLMES, Cashier.
Began Business: 3-1898

LIABILITIES
Demand deposits .............. Time and savings deposits ...... Deposits of U.S. Government ..... Dcp_o~!s of States and political sub-
diviSions ................... Deposits of lxlnks ........... CertifiCd and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............... Surplus .................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ..............

2,733,237.71 3,541,718.49
113,472.64
1,171,259.72 None
38,985.78
None None None
None None 74.946.37 None None 200,000.00 300,000.00 140,459.02 None
$ 8,314,079.73

FIFTIETH ANNUAL REPORT

Ill

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF MILLEN Millen (Jenkins), Ga. As called for by the Superintendent of Banks

E.M. THORNE, President. Date of Charter: 1-4-1893
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities or other U.S. Government
agencies and corporations ..... Ob~t!ons or States and political sub-
divisions .................. .. Other securities includinl corporate
stocks .................... .. Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseD Other loans ................... . Bank premises, furniture and rllttures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding ....... . Otherassets ................... .
Total Assets ..................

s 937,338.49 1,254,050.00 500,000.00 None 314,648.55 None 2,000,000.00 2,282,790.50
29,137.70 None None None
s 7,317,965.24

JOHN L. GAY, Cashier.
Began Business: 3-l-1893

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ Deposits or U.S. Government ..... . Dcp~~!S of States and political sub-
diVISions .................. .. Deposits or banks .............. . CertirJed and offJcen' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortpge indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ............... .. Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

s 3,278,675.51 2,566,300. 71 48,681.94
658,009.03 10,000.00 47,289.85
None None None
None 115,181.30
33,706.90 None None
200,000.00 250,000.00 110,120.00
None
s 7,317,965.24

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF MOLENA Molena (Pike), Ga.
As called for by the Superintendent of Banks

R.H. FLETCHER, President. DateofCharter: 10-7-1901
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
~~J::SUo'l ~~~~s: e;~;.;m~~i agencies and corporations ...... Obligations or States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ouIstanding ....... Other assets .................. ..
Total Assets ...................

s 118,068.42 121,000.00 180,000.00 None None None 100,000.00 628,142.36
8,803.91 1.00 None None
s 1,156,015.69

J.P. BARKER,JR., Cashier.
Began Business: 3-1899

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!s or States and political sub-
clivtSJons .................. .. Deposits or banks .............. . Certified and orr.cers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortpge indebtedness .......... . Acceptances executed by or for account or this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................

s 378,049.33 516,745.92 2,885.91
111,950.66 None
2,639.43
None None None
None 17,443.48 5,137.82
None None 30,000.00 50,000.00 41,163.14 None
s 1,156,015.69

112

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cult, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ... Ob~ons of States and political sub-
divisions .............. Other securities including corporate
stocks .............. Trading :u:count securities ..... Federal funds sold and securities pur-
chased under agreements to reseO . Other loans ............. Bank premises, furniture and f'D<tures,
and other assets representing bank premises .......... Real estate owned other than bank premises ... Customer's liability to this bank on acceptances outstanding .... Other assets ........... :
Total Assets ...........

$ 1,935,215.89 1,566,263.26 950,025.00 1,049,899.73 27,000.00 None None 5,864,426.SS
415,031.21 21,671.07 None None
$ 11,829,532.71

J.B. BUTTS, Cashier.
Began Business: 1-1-1906

LlABIUTlES
Demand deposits .............. Time and savinp deposits ...... Deposits of U.S. Government ... Dep!'~!" of States and political sub-
clivisions ........... Deposits of banks .......... Certif'Jed and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities .......... Reserves on loans ........ Reserves on securities ...... Capital Notes and debentures .... Common stock .......... Surplus ................ Undivided prof'Jts ........ Reserves for contingencies .......
Total Liabilities ...........

$ 4,132,419.45 4,844,976.96 210,944.39
1,189,720.47 None
78,158.88
None 28,400.00
None
None 145,781.40
-::: 97,110.49
250,000.00 650,000.00 202,020.67
None
$ 11,829,532.71

STATEMENT Showing condition at the close of business December 31, 1969, of
MONTEZUMA BANKING COMPANY Montezuma (Macon), Ga.
As called for by the Superintendent of Banks

JORRE L. PEARSON,
President. Date of Charter: 10-23-1948
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations . O~~ons of States and political sub-
divisions ............... Other securities including corporate
stocks ................. Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU Other loans ................ Bank premises, furniture and f'JXtures,
and other assets representing bank premises ............... Real estate owned other than bank premises ................... . Customer's Hability to this bank on acceptances outstanding .... Other assets .................
Total Assets ...................

$ 263,171.98 849,690.98 None 460,617.40 None None 200,000.00
2,182,609.76
17,848.69 None None
1,000.00
$ 3,974,938.81

RAY L. GRESHAM, Cashier.
Began Business: 1-1 0-1949

UABILmES
Demand deposits ....... Tune and savings deposits ...... Deposits of U.S. Government ..... Dep!'~! of States and political sub-
divisions ............. Deposits of banks ........... Certif'JCd and officers' checks etc. . . Federal fllnds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Aa:eptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures ... Common stock .............. Surplus ................. Undivided profits ............. Reserves for contingencies ......
Total Liabilities .............

$ 1,443,155.13 1,391,148.41 49,49Ci.21
621,728.79 None
16,053.97
None None None
None 63,533.57 43,488.96
None None 100,000.00 100,000.00 146,333.77 None
$ 3,974,938.81

FIFTIETH ANNUAL REPORT

113

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sul>-
diVJSions ................... Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ...................
Total Assets ................... .

$ 202,505.71 949,598.83 None 533.36 None None 300,000.00
1,974,672.49
134,672.44 None None
352.40
$ 3,562,335.23

JACK H. YEARWOOD, Cashier.
Began Business: 2-10-1964

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!' of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold u ndcr agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 867,028.17 2,049,634.84 21,318.82
300,878.15 None
3,523.53
None None 53,376.44
None None 28,932.40 None None 100,000.00 66,000.00 71,642.88 None
3,562,335.23

STATEMENT Showing condition at the close of business December 31, 1969, of THE CITIZENS AND SOUTHERN BANK OF COLQUITT COUNTY
Moultrie (Colquitt), Ga. As called for by the Superintendent of Banks

0. MITCHELL SMITH, President. Date of Charter: 7-8-1896
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Obli.~l)ons of States and political sub-
diVISIOns ..........
Other securities including corporate stocks ..................... .
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 1,704,113.83 2,174,697.57 None 2,892,293.24 None None None 15,634,984.79
493,423.83 None None
193,972.91
$ 23,093,486.17

H.W. RHODES, Cashier.
Began Business: 1896

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . CertifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilitics ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 9,731,643.27 7,910,793.43 539,926.09
682,656.04 19,822.44
100,436.61
None None None
None 1,389,616.90
263,655.30 306,715.92
None 600,000.00 1,000,000.00 248,220.17 300,000.00
$ 23,093,486.17

114

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Tressllly securities .... Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and political sub-
divisions ........ Other securities includins corporate
stocks .............. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to resoD Other loans .......... Bank premises, furniture and f"n<tures,
and other assets representing bank premises .......... Real estate owned other than bank premises ........... Customer's liability to this bank on acceptances outstanding ..... Other assets ...........
Total Assets ..............

$ 370,628.99 604,449.95 99,968.15 442,045.06 None None 375,000.00
1,318,300.60
19,471.89 None None None
$ 3,229,865.24

G.E. HUGHES, Cashier.
Began Business: 1-24-1901

LIABILmES
Demand deposits ............ Time and savinp deposits ....... Deposits of U.S. Government ..... Dep~~!" of States and political sul>-
divisaons .............. Deposits of banks ......... Certif"Jed and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortpgc indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans ............. Reserves on securities ......... Capital Notes and debentures .... Common stock ............ Surplus ................ Undivided profits ........... Reserves for contingencies ...
Total Liabilities ...........

$ 990,461.97 1,180,321.64 35,406.23
673,100.83 32,602.44 12,345.42
None None None
None 57,100.00 23,373.69
None None 100,000.00 85,000.00 40,153.02 None
$ 3,229,865.24

STATEMENT Showing condition at the close of business December 31, 1969, of
mE CITIZENS BANK Nashville (Berrien), Ga. As called for by the Superintendent of Banks

W.D.PERRY, President. Date of Charter: 2-19-1943
ASSETS
Cash, balances with other banks, and cash items in process of coDection .
U.S. Treasury securities ........ Securities of other U.S. Government
qencies and corporations ... O~~ons of States and political sub-
divisions ................ Other securities includins corporate
stocks ............. Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseD Otlter loans . Bank premises, furniture and ftxlures,
and other assets representing bank prembes ........... Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstandins ... Other assets .......
Total Assets .....

$ 770,168.33 692,213.77 None
1,219,100.87 NoDe NoDe
100,000.00 3,899,411.84
206,251.07 NODe NODe
2,618.00
$ 6,889,763.88

OUIDA N. WILSON, Cashier.
Began Business: 3-1943

LIABILmES
Demand deposits ......... Time and savings deposits ...... Deposits of U.S. Government ... Dep~~!S of States and political sub-
divisions ............. Deposits of banks ......... Certifted and ofllcers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortpgc indebtedness ....... Acceptances executed by or for account of this bank and outstandins. Other liabilities ........... Reserves on loans ............ Reserves on securities ......... Capital Notes and debentures ... Common stock ............. Surplus ............... Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ............

$ 2,729,615.66 2,772,217.87 100,352.56
375,437.80 156,889.96
23,524.10
NoDe NoDe 110,594.86
None 62,900.00 87,351.39
None None 150,000.00 250,000.00 20,879.68 50,000.00
$ 6,889,763.88

FIFTIETH ANNUAL REPORT

I IS

STATEMENT Showing condition at the close of business December 31, 1969, of
THE UNITED BANKING COMPANY Nashville (Berrien), Ga.
As caUed for by the Superintendent of Banks

H.D.HAND, President. Date of Charter: 7- I 0- I 924
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S."Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and r~x.tures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 717,039.30 545,010.00
1,500,000.00 326,602.16 None None 200,000.00
3,274,997.28
134,750.35 15,000.00 None 9,065.80
$ 6,722,524.89

LUCILLE L. FULLER, Cashier.
Began Business: 7- I S-1924

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sul>-
divtSJons ................... . Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,329,489.52 2,627,750.75 84,309.54
893,576.01 200,009.32
14,692.47
None None None
None 15,002.25 61,130.88
None None 150,000.00 150,000.00 136,564.15 None
6, 722,524.89

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~l!ons of States and political sul>-
drvtsJons ................... . Other securities including corporate
stocks ..................... . Trading accounI securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to this bank on acceptances outstanding ....... . Other assets ..................
Total Assets ................... .

$ 100,381.48 288,486.99
None
None
None None
None 429,216.60
8,303.58
None
None None
----
826,388.65

CHARLES E. LEE, Cashier.
Began Business: 8-14-1919

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~~s of States and political sub-
divtslons ................... . Deposits of banks .............. . CertifJCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Morl838" indebtedness .......... . Acceptances eecuted by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

329,266.06 219,987.09
5,484.90
155,000.29 None
5,189.11
None None None
None None 3,783.76 None None 25,000.00 75,000.00 7,677.44
- - - -None
$ 826,388.65

116

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS AND SOUTHERN NEWNAN BANK Newnan (Coweta), Ga.
As called for by the Superintendent of Banks

W.W. WILLIAMS, JR., President. DateofCharter: 2-25-1955
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ........... ou.cr securities including corporate
stocks ............ Trading account securities ..... Federal funds sold and securities pur
chased under agreements to reseU Other loans ........... Bank premises, furniture and roxtures,
and other assets representing bank premises .......... Real estate owned other than bank premises ............. Customer's liability to this bank on acceptances outstanding ..... Other assets .........
Total Assets ........

$ 947,271.15 1,913,948.13 None 2,399,886.11 25,425.00 None None
12,374,980.53
579,600.99 4,150.00 None
117,431.31
$ 18,362,693.22

GRADY D. KICKLIGHTER,
Cashier. Began Business: 2-25-1955

LIABILITIES
Demand deposits .......... Tunc and savings deposits .... Deposits of U.S. Government ..... Deposits of States and political sub-
divisions ................... . Deposits of banks ........ Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures .... Common stock ......... Surplus ............. Undivided profits ........... Reserves for contingencies .....
Total Liabilities ........

5,307,875.83 9,678,170.59
206,996.13
1,173,218.40 None
21,290.58
None 65,000.00
9,000.00
None 306,385.01 175,073.72
None None 300,000.00 600,000.00 273,312.35 246,370.61
$ 18,362,693.22

STATEMENT Showing condition at the close of business December 31, 1969, of
BAKER COUNTY BANK Newton (Baker), Ga.
As caUed for by the Superintendent of Banks

ALBERT W. BARBER, President. Date of Charter: I o-4-1906
ASSETS
Cash, balances with other banks, and cash items in process of coUeetion
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................. Other securities including corporate
stocks ...... Trading account securities ... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ........ Bank premises, furniture and roxtures,
and other assets representing bank premises ........ Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ... Other assets .......
Total Assets ..........

$ 209,481.26 322,933.50 97,500.00 109,347.32 None NoDe 350,000.00 862,307.71
10,465.46 NoDe None
25,239.03
$ 1,987,274.28

R.L. RICE, Cashier.
Began Business: 10-15-1906

LIABILITIES
Demand deposits ............ Time and savings deposits ..... Deposits of U.S. Government .... Dcp~~~s of States and political sub-
diVJSJons ................ Deposits of banks ......... Certirled and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............ Surplus ................ Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ..............

$ 917,199.68 244,485.07 2,405.00
355,581.00 None
49,858.56
None None None
NoDe 25,793.79 29,002.81
None None 100,000.00 125,000.00 137,948.37 None
$ 1,987,274.28

FIFTIETH ANNUAL REPORT

II?

STATEMENT Showing condition at the close of business December 31, 1969, of
NICHOLLS STATE BANK Nicholls (Coffee), Ga.
As called for by the Superintendent of Banks

RALPH G. LOTT, President. Date of Charter: 12-2-1952
ASSETS
Cash. balances wiUt oUter banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities or oUter U.S. GoverMlent
agencies and corporations ...... . Obtigations or States and potitical sub-
divisions ... Other securities including corporate
stocks ................ Trading acCOIIRt securities ...... Federal funds sold and securities pur
chased under agreements to rcscU Other loans ................ Bank premises, furniture and fixtures,
and other assets representing bank premises ................. Real estate owned oUter Utan bank premises ................... . Customer's tiability to Utis bank on acceptances outstanding ...... OUter assets ................... .
Total Assets ...................

$ 150,346.48 848,773.30 399,875.25 None None None None 370,903.66
9,430.55 None None None
1,779,329.24

R.E.LOTT, Cashier.
Began Business: 1-2-1953

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ Deposits or U.S. GoverMlent ..... Dcp~m!" or States and political sub-
dJV1SIOns
Deposits or banks .............. . Certified and oflicers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account or Utis bank and outstanding. Other tiabilities ................ . Reserves on loans ............ Reserves on securities ......... Capital Notes and debentures ..... Common stock ............ Surplus ...................... . Undivided prolits ............ Reserves for contingencies .......
Total Liabitities ............

$ 610,199.23 914,433.82 12,673.16
86,054.50 None
3,627.15
None None None
None 9,287.01 8,901.69
None None 50,000.00 30,000.00 54,152.68 None
1,779,329.24

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF NORCROSS Norcross (Gwinnett), Ga.
As called for by the Superintendent of Banks

W.H. FALLOW, President. Date of Charter: 12-12-1903
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ......... Securities or other U.S. GoverMlent
agencies and corporations ...... . Obtigations or States and political sub-
divisions .................. OUter securities including corporate
stocks ................ Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . OU1er loans ............. Bank premises, furniture and fixtures,
and other assets representing bank premises .............. Real estate owned oUter Utan bank premises .... , ...... Customer's tiability to Utis bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ..............

$ 924,224.67 1,141,608.18 None 188,245.75 None None None 3,465,329.36
137,232.05 None None
73,499.28
$ 5,930,139.29

RAY D. SWAIN, Cashier.
Began Business: 2-1-1904

LIABILITIES
Demand deposits ............... . Time and savings deposits ....... Deposits or U.S. Government .. Deposits or States and potitical sub-
divisions ................. Deposits or banks ............. .. Certifocd and orlicers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabitities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account or this bank and outstanding. Other tiabitities ............ Reserves on loans ........... Reserves on securities ......... Capital Notes and debentures .... Common stock ............. Surplus ................. Undivided profits .............. Reserves for contingencies ...
Total Liabilities .............

1,577,450.79 1,895,603.87
186,939.91
1,398,288.49 None
5,157.04
None None None
None 455,029.79
25,100.58 None None
200,000.00 120,000.00 59,055.36
7,513.46
5,930,139.29

118

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
GWINNE1T BANK & TRUST COMPANY Norcross (Gwinnett), Ga.
As called for by the Superintendent of Banks

J. GRADY COLEMAN,
President. Date of Charter: 9-11-1967
ASSETS
Cult, balances with other banks, and cash items in process of collection
U.S. Treasury securities Securities of other U.S. Government
qencies and corporations .. Ob~t!ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading aa:ount securities .. Federal funds sold and securities pur-
chued under apeements to reseD Other loans ................... . Bank premises, furniture and f'D<tures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability to this bank on aa:eptances outstanding .. Other assets ................... .
Total Assets ................... .

$ 604,740.50 484,223.21 949,125.00 NOIMI NOIMI No..,
200,000.00 2,916,293.75
198,412.81 NOIMI No..,
79,748.53
$ 5,432,543.80

PAULS. PENN, JR., Cashier.
Began Business: 3-1-1968

UABlLmES
Demand deposits ............... . Tune and savings deposits .. Deposits of U.S. Government .. Depo~!" of States and political sub-
clivisions .................. .. Deposits of banks .............. . Certif'Jed and off'JCerS' checks etc. Federal funds purchued and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortpge indebtedness ...
Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities .... Capital Notes and debentures Common stock ................ . Surplus ...................... Undivided prof'Jts .............. . Reserves for contingencies ..
Total Liabilities ............... ..

$ 1,634,559.82 1,431,721.70 659,731.45
1,010,229.69
No...
43,896.67
NOIMI NOIMI None
NOIMI 145,332.90
10,021.07 None None
250,000.00 150,000.00 97,050.50
None
$ 5,432,543.80

STATEMENT Showing condition at the close of business December 31, 1969, of
mE BANK OF OCILLA, GEORGIA Ocilla (Irwin), Ga.
As called for by the Superintendent of Banks

H.L. DISMUKE,
President.
Date of Charter: 9-20-1956
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations .. Obli_li!.~ons of States and political sub-
clivJSJons .................. .. Other securities including corporate
stocks ..................... . Trading account securities .. Federal funds sold and securities pur-
chased under apeements to reseD Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding Other assets ................... .
Total Assets ................... .

$ 474,989.34 407,640.63 150,000.00 223,907.27 150,252.00 NOIMI 100,000.00
3,083,010.16
147,075.94 No..,
None 2,871.85
$ 4,739,747.19

R.O.PAULK, Cashier.
Began Business: 10-1-1956

LIABILITIES
Demand deposits ............... . Time and savings deposits ... Deposits of U.S. Government . Dep,o~!" of States and political sub-
divisions .................. .. Deposits of banks .............. . Certif'Jed and off'JCcrs' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortpge indebtedness .. Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures . Common stock ................ . Surplus ...................... . Undivided prof'Jts ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,998,170.61 1,811,384.39 33,359.80
370,489.32 10,S26.27 24,581.10
None None 66,191.83
None 69,796.83 74,159.75
None None 100,000.00 100,000.00 81,087.29 None
$ 4,739,747.19

FIFTIETH ANNUAL REPORT

119

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
qcncies and corporations ...... . Ob~B':'t!ons of States and political sub-
diviSions ................ Other securities including corporate
stocks .................... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to resoD . Other loans ............... Bank premises, furniture and nxtures,
and other assets representing bank premises ....... Real estate owned other than bank premises ................... Customer's liability to litis bank on acceptances outstanding ....... Other assets ...................
Total Assets ..................

$ 594,416.91 1,487'763.75 None 620,416.97 None None None 3,833,126.09
267,153.33 None None None
$ 6,802,877.OS

KERMIT ELLIOTT, Cashier.
Began Business: 6-1-1943

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~!" of States and political sub-
divtSions ................... . Deposits of banks .............. . Certiroed and ocncers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mort888C indebtedness .......... Acceptances executed by or for account of litis bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ......... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided pronts .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

2,443,244.25 2,749,241.40
37,967.25
472,621.83 None
38,647.84
None 300,000.00
81,797.77
None 38,146.00 58,153.78
None None 200,000.00 300,000.00 68,455.66 14,601.27
$ 6,802,877.OS

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF OGLETHORPE Oglethorpe (Macon), Ga. As called for by the Superintendent of Banks

JOHN F. WILLIAMS, President. Date of Charter: 2-5-1901
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obli.ll'!'!ons of States and political sub-
drvtstons ........ Other securities including corporate
stocks ..................... . Trading account securities . Federal funds sold and securities pur-
chased under qreements to rcseU . Other loans ................... . Bank premises, furniture and rtxtures,
and other assets representing bank premises ........ Real estate owned other than bank premises ....... Customer's liability to this bank on acoeptanoes outstanding ....... . Other assets ................... .
Total Assets ................... .

1,235,706.08 242,817.50 579,900.00 499,990.89 None None 500,000.00
1,814,935.52
12,156.67 None None None
4,885,506.66

BLANCHE R. WILLIAMS, Cashier.
Began Business: 2-8-1901

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~!S of States and political sub-
diVISIOns ................... . Deposits of banks .............. Certined and ocncers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortsa~C indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securi tics ..... 0 0 Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided pronts .............. . Reserves for contingencies ........
Total Liabilities .. , .............. .

1,713,173.99 1,887,285.82
8,969.64
774,785.95 None
25,330.64
None None None
None 88,397.46 23,856.94
None None 120,000.00 100,000.00 143,281.61 424.61
4,885,506.66

120

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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

ASSETS

Cash, balances with other banks, and

cash items in process of collection .

U.S. Treasury Securities or

osethcuerrituie.ss..

..... Gcm:rnment

a&encies and corporations .....

Ob~!<>ns or States and political sub-

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

Other securities incluclins corporate

stocks ..................... .

Trading account securities ......

Federal funds sold and securities pur-

chased under agreements to reseU

Other loans ................... .

Bank premises, furniture and f'IXtures,

and other assets representing bank

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

Real estate owned other than bank

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

Customer's liability to this bank on

acceptances outstanding ....

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

Total Assets ................... .

s 312,727.61 66,000.00 660,000.00 8,921.95 No110 NoDe 150,000.00 1,205,758.58
85,926.00 None None
3,342.67
s 2,492,676.81

RAYMOND BURRELL, Cashier.
Began Business: 7-10-1918

LIABILITIES
Demand deposits .............. .. Time and savinp deposits ...... Deposits of U.S. Government ... Dep?~!S or States and political sub-
diVISions .................. .. Deposits of banks .............. . Certif'Jed and ofl'lcers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding, Other liabilities ................ . Resenes on loans .............. . Resenes on securities ......... Capital Notes and debentures ... Common stock ............... .. Surplus ...................... . Undivided prol'lts .... Resenes for contingencies ......
Total Liabilities ................ .

s 1,049,643.95 947,488.57 17,137.58
212,900.97 20,000.00 13,558.43
None None 42,548.65
None 15,441.49
8,593.31 None None
50,000.00 50,000.00
5,764.61 59,599.25
s 2,492,676.81

STATEMENT Showing condition at the close of business December 31, 1969, of
THEPATTERSONBANK Patterson (Pierce), Ga.
As called for by the Superintendent of Banks

W.C. DAVIS, President. Date of Charter: 6-19-1907
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
dJVIStons .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and flXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ouIslanding ..... Other assets ................... .
Total Assets ................... .

$ 138,851.43 138,512.50 15,003.13 256,705.36 No110 None None 732,880.03
6,136.77 None None None
$ 1,288,089.22

GARETH G. MATHIS, Cashier.
Began Business: 6-19-1907

LIABILITIES
Demand deposits ............... . TIRle and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~!s of States and political sub-
diVJSJons .............. Deposits of banks .............. . Certifocd and off'lcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 666,929.39 302,796.60 3,583.78
144,969.95 No110
9,534.30
NoDe None None
No110 None None No110 None 55,000.00 65,000.00 40,275.20 None
$ 1,288,089.22

FIFTIETH ANNUAL REPORT

121

STATEMENT Showing condition at the close of business December 31, 1969, of
THEFAYETTESTATEBANK Peachtree City (Fayette), Ga. As called for by the Superintendent of Banks

W.F.FARR,
President.
Date of Charter: 1-31-1964
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ...................
Total Assets ................... .

$ 168,217.23 250,247.47
1,012,695.31 283,375.66 None None 350,000.00
1,601,948.84
24,756.18 None None
3,370.71
$ 3,694,611.40

W.F.FARR, Cashier.
Began Business: 2-1-1964

LIABILITIES
Demand deposits ............... Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
diVISIOns ................... . Deposits of banks .............. CertifJed and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... .
Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,162,633.60 1,631,406.28 26,129.45
311,616.75 5,352.64 23,935.60
None None None
None 159,332.63
29,806.81 None None
100,000.00 150,000.00 94,397.64
None
$ 3,694,611.40

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~ons of States and political sub-
dtvtstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 373,337.41 817,000.00 400,000.00 None None None
200,000.00 1,242,180.50
14,5~.83
None None 2,574.00
3,049,629.74

H.T. SCRUGGS, Cashier.
Began Business: 5-12-1945

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!s of States and political sub-
diVISIOns .................. .. Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided proms .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,364,323.21 1,118,305.84 9,147.05
242,060.73 None
2,377.51
None None None
None 49,128.14
None None None 50,000.00 150,000.00 54,287.26 10,000.00
$ 3,049,629.74

122

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS BANK OF PELHAM Pelham (Mitchell), Ga.
As caUed for by the Superintendent of Banks

F.B.HAND, President. Date of Charter: 8-25-1902
ASSETS Cash, b.. .:es with other ~ and
cash iter,,. in process of c:ollection . U.S. Treasury securities Securities of other U.S. Govenunent
agencies and corporatior.s ... Ob~~ons of States and political sub-
divisions ......... Other securities inc:ludln& c >rporate
stocks ...... Trading acc:ount securities .
Fecdhearasledfuunnddsersoalpdeaenmdesnetcsutroitrieessepnur-.
Other loans ....... Bank premises, furniture and f"JXtures,
and other assets representing bank premises ... Real estate owned other than bank premises ..... Customer's liability to this bank on acc:eptances outstanding .. Other assets ...
TotalAaets .......

$ 978,593.15 758,038.33 None 711,963.70 None
None
700,000.00 3,664,914.42
21,917.87 1,300.00 None
45,124.33
$ 6,888,851.80

R.STEVE TAYLOR, Cashier.
Began Business: 9-l-1902

LIABILITIES
Demand deposits ............... . Time and saYings deposits ........ . Deposits of U.S. Government .... Depo~~ of States and political sub-
divisions ................... . Deposits of banks .............. . Certif"aed and officers' dtecks etc. . . Federal funds purdtased and securities
sold under agreements to repurdtase . Other liabilities for bonowed money . Mortgqe indebtedness .......... Acceptances executed by or for aocount of this bank and outstanding. Other liabilities .......... Reserves on loans ......... Reserves on securities ....... Capital Notes and debentures ..... Common stoc:k ................ . Surplus ............. Undivided profits .............. . Reserves for contingencies .......
Total Liabilities ........

$ 2,380,275.23 2,442,108.47 32,931.30
1,091,954.76 None
11,S51.SO
None None None
None 110,552.21 107,199.54
None None 150,000.00 300,000.00 256,278.79 None
$ 6,888,851.80

STATEMENT Showing condition at the close of business December 31, 1969, of
PELHAM BANKING COMPANY Pelham (Mitchell), Ga.
As called for by the Superintendent of Banks

W.C. BERNIER,
President. Date of Charter: 12-4-1936
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Govenunent
agencies and corporations .... Ob~~ons of States and political sub-
divwons ................... . Other securities including corporate
stocks ..................... . Trading account securities ..... Federal funds sold and securities pur-
dtased under agreements to reseU Other loans .......... Bank premises, furniture and f"JXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ......... Customer's liability to this bank on acceptances outstanding .. Other assets ................... .
Total Assets .............

$ 543,192.26 255,196.06 100,150.00 845,968.98
None None
100,000.00 3,392,170.12
116,374.73
None None None
$ 5,953,0S2.1S

JAMES E. CONLEY, JR., Cashier.
Began Business: 12-8-1936

LIABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government ..... Dep~!i~ of States and political sub-
divisions ................... . Deposits of banks ........... Certif"JCd and off"tcers' dtecks etc. . .. Federal funds purdtased and securities
sold under agreements to repurdtase ............... Other liabilities for borrowed money . Mortpge indebtedness ........ Acceptances executed by or for accoun.t o!_~is bank and outstanding. Other liabilities ............ Reserves on loans ............ Reserves on securities ......... Capital Notes and debentures .... Common stock .............. Surplus .................. Undivided profits ............. Reserves for contingencies .......
Total Liabilities ..............

$ 1,709,SS9.77 2,568,114.67 S3,685.46
761,701.51 None
12,124.33
None None 64,185.16
None 77,4S8.43 91,054.78 4,4S3.14
None 1SO,OOO.OO 3SO,OOO.OO 110,714.90
None
$ 5,953,052.15

FIFTIETH ANNUAL REPORT

I23

STATEMENT Showing condition at the close of business December 31, 1969, of
THEPEMBROKESTATEBANK Pembroke (Bryan), Ga.
As called for by the Superintendent of Banks

E.B. MILES, President. Date of Charter: 12-29-1937
ASSETS
Cash, balances with other banks, and cash items in process of collection .
~J:':"3 ~-;'tt~: ~;,;.;.~~i agencies and corporations ..... Ob~t!ons of States and poUtical sub-
divisions ................ Other securities inclucJinl corporate
stocks ............... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseU Other loans ............ Bank premises, furniture and riXtures,
and other assets representing bank premises .............. Real estate owned other than bank premises ................ Customer's liability to this bank on acceptances outstanding ...... Other assets .............
Total Assets ................

s 336,780.S9 1,504,572.18 None 68,065.00 None None 300,000.00 2,055,013.69
55,448.37 None
None
41,470.88
s 4,361,351.01

E.B. MILES, Cashier.
Began Business: 2-11-1938

LIABILITIES
Demand deposits ............. Time and sains5 deposits ....... Deposits of U.S. Government .... Dep~~~ of States and political sub-
diviSions ............. Deposits of banks .......... Certified and officers' checks etc. .. Federal funds purchssed and securities
sold under agreements to repurchase ............... Other Uabillties for borrowed money . Mortgaae indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other Uabillties ............. Resenes on loans .............. Resenes on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits ............ Resenes for contingencies ........
Total Liabilities ...............

s 1,512,668.79 1,711,699.53 43,177.54
474,430.20 None
41,614.67
None
None
None
None
None 35,765.04
None
None
75,000.00 120,000.00 159,489.44
None
s 4,361,351.01

STATEMENT Showing condition at the close of business December 31, 1969. 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations .. ObUgalions of States and poUtieal sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ...... Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ... Other assets ................... .
Total Assets ................... .

s 775,367.78 1,356,892.50 None 719,636.81 None None 1,900,000.00 4,041,213. 71
100,000.00 None
None
75,213.40
s 8,968,324.20

H.J. JENNINGS, Cashier.
Began Business: 1889

LIABILITIES
Demand deposits ............. Time and savings deposits ........ Deposits of U.S. Government ..... Depo~!S of States and political sub-
diviSions ................. Deposits of banks ............ Certified and ofriCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other Uabilitics for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Resenes on loans ............ Resenes on securities ........... . Capital Notes and debentures .... Common stock ................ . Surplus ...................... . Undivided profits .............. Resenes for contingencies ........ .
Total Liabilities ...............

s 3,473,801.43 2,870,279.97 95,316.21
1,378,018.84 3,764.37
46,140.62
None None None
None 139,458.87 93,109.83
None None 200,000.00 400,000.00 268,434.06 None
s 8,968,324.20

124

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ..... Ob~l!ons of Ststes and political sub-
divisions ......... Other securities including corporate
stocks .............. Trading ..:count securities ..... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .......... Bank premises, furniture and fixtures,
and other assets representing bank premises ......... Real estste owned other than bank premises ........... Customers liability to this bank on ..:ceptsnces outstsnding .... Other assets .......
Total Assets ..............

$ 366,453.07 252,741.29 550,000.00 25,000.00 None None 200,000.00 889,535.74
24,511.48 None None None
$ 2,308,241.58

MARVIN LEE WILEY, JR., Cashier.
Began Business: 1904

LlABILmES
Demand deposits ............ Time and savings deposits ........ Deposits of U.S. Government ..... Dep?~!S of States and political sub-
divisions ............ Deposits of banks ........... Certified and ofrJCers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness .... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ........ Re""""s on loans ........... Reserves on securities ...... Capital Notes and debentures .. Common stock .......... Surplus ............ Undivided profits ........ Reserves for contingencies ......
Total Liabilities ......

$ 1,195,318.69 650,464.70 7,691.49
153,192.34 None
98,690.90
None None None
None 60.119.63
5,448.28 None None
25,000.00 75,000.00 31,315.55
None
s 2,308,241.58

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and eash items in process of coUection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations .... Ob~t!ons of Ststes and political sub-
divisions ......... Other securities including corporate
stocks ................. Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseU Other loans .............. Bank premises, furniture and fiXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises .......... Customer's liability to this bank on acceptsnces outstanding ...... Other assets ...........
Total Assets .............

$ 858,426.61 630,086.51 400,000.00 542,264.36 None None
1,400,000.00 2,183,286.42
67,661.49 None None None
$ 6,081,725.39

W.K. JENKINS, Cashier.
Began Business: 4-19-1909

UABILmES
Demand deposits ........... Time and savings deposits ..... Deposits of U.S. Government ..... Dep?~~ of Ststes and political sub-
diVISions ............... Deposits of banks ............. Certified and offJCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness ........ Aa:eptances executed by or for ..,. count of this bank and outstsnding. Other liabilities ......... Reserves on loans .......... Reserves on securities ........... . Capital Notes and debentures .... Common stock .............. Surplus ......... : ..... Undivided profits ............ Reserves for contingencies ....
Total Liabilities ...........

$ 2,351,971.38 2,328,474.14 143,087.43
639,775.61 None
15,306.04
None None None
None 47,274.99 37,072.37 20,000.00
None 100,000.00 20o,OOO.OO 192,763.43
None
$ 6,081,725.39

FIFTIETH ANNUAL REPORT

125

STATEMENT Showing condition at the close of business December 31, 1969, of
PINEVIEW STATE BANK Pineview (Pulaski), Ga.
As called for by the Superintendent of Banks

DON C. CRAFTON, President. Date of Charter: 9-20-1910
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ..... Ob~t.ions of States and political sub-
divtSJons ............. Other securities including corporate
stocks .................. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................ Real estate owned oUter than bank premises ............. Customer's liability to this bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ................... .

214,168.93 121,885.00 125,000.00
None None None 400,000.00 118,971.05
49,867.58 None None None
$ 1,029,892.56

MRS. MATilE C. CONNER, Cashier.
Began Business: 9-20-1910

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
diVISions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and secwities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ......
Total Liabilities ................ .

564,640.76 141,056.53
None
113,995.60 None
6,757.98
None None None
None 15,520.91
None None None 25,000.00 75,000.00 25,000.00 62,920.78
1,029,892.56

STATEMENT Showing condition at the close of~csiness December 31, 1969, 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
ASSETS
Cash, balances with oUter banks, and cash items in process of collection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
dJVtstons .............. Other securities including corporate
stocks ..................... . Trading account securities 0 o o o o o 0 0 Federal funds sold and securities pur-
chased under agreements to resell . OUter loans ................... . Bank premises, furniture and ftxtures,
and other assets repre9Cnting bank premises o o o o o o 0 0 0 o o o o o o o 0 o Real estate owned other than bank premises o o o o o o 0 0 0 0 0 0 o o o o o o 0 0 Customer's liability to Utis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

227 ,039.&> 275,800.00 230,000.00
5,000.00 None None
150,000.00 589,703.21
1,201.00 None None None
1,478,744.07

EDWIN W. SHELL, Cashier.
Began Business: 6-1906

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions . 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o. o Deposits of banks .............. . Certified and offiCers' checks etc. . .. Federal funds pwchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities o o 0 0 o Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ... o o o
Total Liabilities ................ .

$ 635,598.83 532,972.82 978.80
136,148.91 None
6,116.32
None None None
None None 7,449.81 None None 25,000.00 50,000.00 15,000.00 69,478.58
1,478,744.07

126.

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
POWDER SPRINGS BANK Powder Springs (Cobb), Ga. As called for by the Superintendent of Banks

RALPH N. BARBER, President. Date of Charter: 12-20-1968
ASSETS
Cash, balances with other banks, and
cash hems in process of collection U.S. Treasury securities ...... Securities of other U.S. Government
'!J'll'cies and corporations ... Ob~~ons of States and political sub-
divisions ......... Other securities including corporate
stocks ......... Trading account securities .... Federal funds sold and securities pur-
chased under agreements to reseD . Other loans ........... Bank premises, furniture and f"JXtures,
and other assets representing bank premises ........ Real estate owned other than bank premises . Customer's liability to this bank on acceptances outstanding ....... Other assets ...........
Total Assets ......

$ 140,308.00 283,421.11 470,412.50 None None None 900,000.00 378,640.25
150,145.92 None None
23,684.47
$ 2,346,612.25

JAMES T. TURNER,
Cashier. Began Business: 8-1-1969

LIABIUTIES
Demand deposits .......... Time and savinp deposits .... Deposits of U.S. Government .. Dep~~!' of States and political sub-
divisions .......... Deposits of banks ...... Certif"Jed and ofl-.cers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ......... Other liabilities for borrowed money Mortga&e indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other Uabilities ....... Resem>s on loans ........ Resem>s on securities ....... Capital Notes and debentures . Common stock ........ Surplus ............. Undirided profits ........ Resem>s for contingencies .
Total Llabilities .....

$ 687,227.14 365,452.60 208,601.74
627,152.26 None
13,192.30
None None None
None 38.546.80
2,759.30 None None
200,000.00 150,000.00 53,680.11
None
$ 2,346,612.25

STATEMENT Showing condition at the close of business December 31, 1969, 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

ASSETS
Cash, balances with other banks, and cash items in process of coDection
U.S. Treasury securities ......
Securities of other U.S. Government agencies and corporations ..
O~t!ons of States and political subdivisions .............
Other securities including corporate stocks ............
Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseD Other loans ............ Bank premises, furniture and fiXtures,
and other assets representing bank
premises . Real estate owned other than bank
premises Customer's liability to this bank on
acceptances outstanding .... Other assets .......

$ 852,4118.28 835,608.04
None
745,404.50
None None
None 2,618,166.89
15,123.51
22,925.15
None None

Total Assets .............. $ 5,089,716.37

A.C.LOWE, Cashier.
Began Business: 12-31-1888

UABILmES
Demand deposits .......... Time and savings deposits ....... Deposits of U.S. Government ..... Dep_o~!' of States and political sub-
dirisions ................. Deposits of banks ....... Certif"~ed and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for bonowed money . Mortga&e indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ......... Resenes on loans ........ Rcsenes on securities .......... Capital Notes and debentures ... Common stock ............ Surplus .............. Undivided profits ........... Resenes for contingencies ......
Total Liabilities ..............

$ 2,378,568.79 1,555,863.69 46,548.62
445,226.30 None
15,215.6'
None None None
None 125,178.83 48,951.73
None None 100,000.00 100,000.00 174,162.76 100,000.00
$ 5,089,716.37

FIFTIETH ANNUAL REPORT

127

STATEMENT Showing condition at the close of business December 31, 1969, of
THE TATTNALL BANK Reidsville (TattnaU), Ga. As called for by the Superintendent of Banks

RALPH HUCKABEE, President.
Date of Charter: 9-14-1900
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~l!ons of States and political sub-
divwons ................... . Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets represen ling bank premises ................... . Real estate owned oUter than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . OUter assets ...............
Total Assets .................

$ 698,406.43 1,077,867.67 199,187.50 868,683.45 None None None 2,672,665.17
79,040.67 1.00 None
1,250.00
5,597,101.89

E.B. REGISTER, Cashier.
Began Business: 10-22-1900

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. . . Federal funds purchased and sccwitics
sold u ndcr agreements to repurchase .................. . OUter liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. OUter liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock ........... Surplus ...................... . Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ..........

1,975,260.97 2,117,383.77
149,845.31
626,393.72 23,032.50
173,398.08
None None None
None None 54,837.49 None None 100,000.00 300,000.00 76,950.05 None
5,597,101.89

STATEMENT Showing condition at the close of business December 31, 1969, of
THE RENTZ BANKING COMPANY Rentz (Laurens), Ga.
As called for by the Superintendent of Banks

MRS. O.D. BARRON,
President.
Date of Charter: 5-2-1914
ASSETS
Cash, balances wiUt oUter banks, and cash items in process of coUection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~l!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................. Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned oUter than bank premises ....... , ........... . Customer's liability to litis bank on acceptances outstanding ....... Other assets .................. ..
Total Assets ................... .

236,802.16 237,281.74 640,000.00
None None None 400,000.00 620,080.86
4,541.39 None None
602.31
2,139,308.46

ALMALEES M. STUCKEY, Cashier.
Began Business: 5-5-1914

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. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock .............. Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total liabilities ..............

$ 781,022.06 725,967.25 4,864.06
365,376.76 10,000.00 None
None None None
None None 61,910.08 None None 50,000.00 75,000.00 55,168.25 10,000.00
$ 2,139,308.46

128

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Ob~~ons of States and political sub-
diviSions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fJXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets ................... .

828,056.88 343,842.97 100.000.00 371,385.26
None None 900,000.00 2,234,124.99
13,862.87 7,517.47
None 7,000.50
4,805,790.94

MRS. LAWANNA HILL, Cashier.
Began Business: 9-8-1922

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diviSions ................... . Deposits of banks .............. . Certified and off~eers' cheeks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bink and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........
Total Liabilities ................ .

$ 1,555,876.70 1,974,560.84 61,083.80
491,204.45 161,243.50
31,825.89
None None None
None 47,054.45 30,919.21
None None 100,000.00 200,000.00 100,159.69 51,862.41
$ 4,805,790.94

STATEMENT Showing condition at the close of business December 31, 1969, of
WILUAMS BANKING COMPANY Rhine (Dodge), Ga.
As called for by the Superintendent of Banks

R.J. STUDSTILL, President. Date of Charter: 8-4-1947
ASSETS
Cash, balances with other binks, and cash items in process of coUeetion .
U.S. Treasury securities ........ Securities of other U.S. Government
agenCies and corporations ...... . Ob~t!ons of States and political sub-
dwmons ................... . Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bink premises ................... . Customer's liability to this bink on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 115,683.86 801,861.66 250,000.00 None None None None 388,042.08
1,058.27 None None None
$ 1,556,645.87

J.W. FOWLER, Cashier.
Began Business: 10-1-1947

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
divisions ................... . Deposits of binks ............. .. Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 500,628.17 673,910.09 455.19
96,174.27 None
1,582.80
None None None
None 36,486.05
None None None 100,000.00 75,000.00 72,409.30 None
$ 1,556,645.87

FIFTIETH ANNUAL REPORT

129

STATEMENT Showing condition at the close of business December 31, 1969, of
RICHLAND BANKING COMPANY Richland (Stewart), Ga.
As caned for by the Superintendent of Banks

E.W. PARISH, JR., President. Date of Charter: I0-13-1927
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obti.~t!ons of States and potitical sub-
diviSions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and rtxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's tiability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 157,689.88 457,890.63 200,156.25 282,294.70 None None 450,000.00 625,703.58
24,588.95 None None
32,538.03
$ 2,230,862.02

RUBYE J. MOORE, Cashier.
Began Business: 10-15-1927

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
dtVlstons ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other tiabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other tiabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... .. Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

967,675.03 703,667.57
26,061.40
177,841.98 19,755.88 13,669.71
None None None
None 99,506.40
9,399,78 23,579.73
None 40,000.00 110,000.00 20,000.00 19,704.54
2,230,862.02

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF RINGGOLD Ringgold (Catoosa), Ga. As caned for by the Superintendent of Banks

HERMAN B. TUCKER, President. Date of Charter: 8-26-1904

ASSETS

Cash, balances with oU1er hanks, and

cash items in process of collection

U.S. Treasury securities .......... .

Securities of other U.S. Government

agencies and corporations ...... .

Obti.~t!ons of States and potitical sub-

dwtstons . . . . . . . . . . 0 0.

Other securities including corporate

stocks .................... ..

Trading account securities ........ .

Federal funds sold and securities pur

chased under agreements to resell .

Other loans ................... .

Bank premises. furniture and nxtures,

and other assets representing bank

premises 0 0 0 0 0 0. 0 0 0

Real estate owned oU1er than bank

premises

0 0

Customer's tiability to U1is bank on

acceptances outstanding ....... .

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

Total Assets ................... .

1,078,975.45 902,592.57
1,230,000.00 55,829.28 None None
1,200,000.00 1,709,831.02
10,582.86 40,986.65
None 1,534.50
6,230,332.33

AM ALEE C. YATES, Cashier.
Began Business: 8-1904

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!s of States and potitical sub-
dtVISJons ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabitities for borrowed money . Mortgage indebtedness .......... . Acceptances eecuted by or for ac count of this bank and outstanding. Other tiabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,320,546.24 2,205,781.26 76,606.43
1,143,776.28 None
21,448.39
None None None
None None 41,315.46 None None 100,000.00 300,000.00 20,858.27 None
6,230,332.33

'130

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS BANK OF RIVERDALE Riverdale (Clayton), Ga.
As called for by the Superintendent of Banks

PIERCE T. NEESE, President. Date of Charter: 9-18-1968
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Trcasuzy securities ..... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities .... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ..... Other assets ................... .
Total Assets ................... .

$ 235,288.62 23,193.50
400,000.00 None None None
850,000.00 626,047.75
49,699.09 None None
8,922.00
$ 2,193,150.96

H. VANCE EADDY, JR.,
Cashier. Began Business: 6-9-1969

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. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures . Common stock ......... Surplus ...................... . Undivided profits .............. . Reserves for contingencies ......
Total Liabilities ................ .

914,159.36 440,723.08
18,758.40
301,458.64 None
20,442.38
None None None
None 39,615.63 4,654.53
None None 300,000.00 90,000.00 63,338.94 None
$ 2,193,150.96

STATEMENT Showing condition at the close of business December 31, 1969, of
THECRAWFORDCOUNTYBANK Roberta (Crawford), Ga.
As called for by the Superintendent of Banks

J. WILLIAM EDWARDS, President. Date of Charter: 1-7-1901
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasuzy securities ......... Securities of other U.S. Government
agencies and corporations .. Ob~t!ons of States and political sub-
dJYISions ................... . Other securities including corporate
stocks .................... .. Trading account securities .... Federal funds sold and securities pur-
chased under agreements to reseU Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding .... Other assets .................. ..
Total Assets ................... .

$ 216,957.35 218,976.56 545,000.00 44,978.70 None None None
1,700,454.52
7,916.15 None None None
$ 2,734,283.28

J.E.CLARK, Cashier.
Began Business: 1-8-190 I

LIABILITIES
Demand deposits ............... . Time and savings deposits .... Deposits of U.S. Government .. Dep_o~~s of States and political sub-
diviSions ................... . Deposits of banks .............. . Certified and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 913,958.79 1,178,280.22 22,502.61
321,978.73 None
54,718.49
None None None
None 59,346.62 13,200.16
None None 50,000.00 70,000.00 39,416.54 10,881.12
$ 2,734,283.28

FIFTIETH ANNUAL REPORT

131

STATEMENT Showing condition at the close of business December 31, 1969, of
ROCHELLE STATE BANK RocheUe (Wilcox), Ga.
As caUed for by the Superintendent of Banks

MATTW. ESTES,
President. Date of Charter: 7-8-1947
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ...... . Obti.~t!ons of States and potitical sub-
diviSIOns ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federnl funds sold and securities pur-
chased under agreements to rcscU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned oU1er U1an bank premises ................... . Customer's Uabitity to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

404,906.42 275,006.18 356,113.72
27,010.67 None None
300,000.00 746,283.16
12,285.34 None None None
$ 2,121,605.49

MATTW. ESTES,
Cashier. Began Business: 8-1-1947

LIABILITIES
Demand deposits ............... . Time and savings deposits ..... Deposits of U.S. Government ..... Dep~~!' of States and political sub-
diVISions ................... . Deposits of banks ......... Certified and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabitities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. OU1er Uabitities ............. Reserves on loans ......... Reserves on securities ........... . Capital Notes and debentures ... Common stock ............. Surplus ...................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabitities .............

1,020,85 2. 76 604,785.76 33,560.93
216,782.32 None
14,837.22
None None None
None 9,825.00 9,621.32
None None 50,000.00 100,000.00 61,340.18 None
2,121,605.49

STATEMENT Showing condition at the close of business December 3 I, 1969, of
THE ROCKMART BANK Rockmart (Polk), Ga.
As called for by the Superintendent of Banks

GEO. H. SCOTT, President. Date of Charter: I0-30-1900
ASSETS
Cash, balances wiU1 other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obti.~t!ons of States and political sub-
diVISions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU OUer loans .................. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned oUer than bank premises ................... . Customer's Uabitity to U1is bank on acceptances outstanding ....... . Other assets .................
Total Assets ...................

$ 1,106,343.57 1,156,924. 79 199,950.00 1,692,124.33 None None 550,000.00 5,418,079.66
202,804.94 None None
20,028.23
$ 10,346,255.52

WILLIAM A. BENTLEY, Cashier.
Began Business: 1900

LIABILITIES
Demand deposits ............. Time and savings deposits ..... Deposits of U.S. Government ..... Deposits of States and potitical sub-
divisions ................... . Deposits of banks ........ Certiftcd and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabitities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for ac count of this bank and outstanding. Other Uabitities ............... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock .............. Surplus ................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ...............

3,345,260.59 5,298,841.34
195,132.53
482,387.37 None
42,017.64
None None None
None 148,607.00 42,571.01
25,000.00 None
250,000.00 350,000.00
21,438.04 145,000.00
$ 10,346,255.52

132

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
mE 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions ....... Other securities including corporate
stocks ......... Trading account securities ....... Federal funds sold and securities pur
chased under agreements to resell Other loans ........ Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ... Other assets ......
Total Assets .............

$ 2,005,881.16 2,990,223.36 1,100,265.00 4,249,404.11 10,000.00 None 1,800,000.00 8,421,216.95
327,139.21 None None
114,131.01
$ 21,018,260.80

J.W. McCOOL,
Cashier. Began Business: I0-1-1945

LIABILITIES
Demand deposits ............ Time and savings deposits ....... Deposits of U.S. Goverrunent ..... Dep~~!" of States and political sub-
diVISIOns ... , .... Deposits of banks .... CertirJCd and officers' checks etc. .. Federal funds purchased and securities
sold u ndcr agreements to repurchase ......... Other liabilities for borrowed money Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ....... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures . Common stock ............... Surplus ................ Undivided profits ........ Reserves for contingencies ........ .
Total Liabilities ....

$ 6,556,839.48 10,147,520.39 391,081.53
1,708,399.78 39,996.15
186,099.68
None None None
None 343,207.60 167,760.67
None None 400,000.00 500,000.00 3,500,00 573,855.52
$ 21,018,260.80

STATEMENT Showing condition at the close of business December 31, 1969, of
ROSSVILLE BANK Rossville (Walker), Ga. As called for by the Superintendent of Banks

JAS. H. PALMER, President. Date of Charter: 7-1-1963
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ...... Securities of other U.S. Goverrunent
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ............ Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to resell Other loans ......... Bank premises, furniture and r1Xtures,
and other assets representing bank premises .... Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ... Other assets ........
Total Assets .........

$ 1,416,724.00 1,799,156.20 349,208.45 1,483,345.63 None None None 6,321,107.14
251,107.69 None None
79,028.68
$ 11,699,677.79

ROBERT E. PLEMONS, Cashier.
Began Business: 12-13-1963

LIABILITIES
Demand deposits ........... Time and savings deposits ....... Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .......... Certified and ofrtcers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans .......... Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............ Surplus .............. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ..............

$ 3,241,626.15 5,764,534.64 366,037.31
544,540.47 None
80,762.28
None None None
None 630,056.35 Il9,020.85
None None 375,000.00 250,000.00 328,099.74 None
$ 11,699,677.79

FIFTIETH ANNUAL REPORT

I33

STATEMENT Showing condition at the close of business December 31, 1969, 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: I- I0-67
ASSETS
Cash. balances wiUt other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. GovcrMlcnt
agencies and corporations ...... . Ob~g~t.ions of States and political sub-
dJvlstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . Other loan~ ................... . Bank premises, furniture and fLxturcs.
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ...................

332,694.60 700,199.38
None 225,339.55
4,500.00 None None
5,005,985.88
122,050.80 None None
34,734.21
6,425,504.42

JAMES W. LEWIS, JR.,
Cashier. Began Business: 6-IO-I967

LIABl LITIES
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. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

1,631,297.65 3,290,575.96
40,042.97
360,750.00 None
10,423.77
None None None
None 587,499.17
22,000.00 136.71 None
200,000.00 150,000.00 87,778.19 45,000.00
6,425,504.42

STATEMENT Showing condition at the close of business December 31, 1969, of
ROSWELL BANK Roswell (Fulton), Ga. As called for by the Superintendent of Banks

WALTER A. EAVES, President. Date of Charter: 3-I-1901
ASSETS
Cash, balances wiUt other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks .................... Trading account securities ...... Federal funds sold and securities pur
chased under agreements to resell . OUter loans ................. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned oUter than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . Other assets ..................
Total Assets ................

$ 1,075,045.80 2,306,269.03 325,008.33 1,460,954.50 None None None 9,471,256.11
340,699.77 None None
67,157.97
$ 15,046,391.51

CHARLES T. BAGWELL, Cashier.
Began Business: 3-1901

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. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securitics ........... . Capital Notes and debentures .... Common stock ................ . Surplus ..................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................

4,795,336.53 7,031,256.85
100,865.95
973,602.76 307,514.37 100,837.49
None None None
None 274,971.61 185,429.90 48,175.11
None 300,000.00 600,000.00 103,400.94 225,000.00
$ 15,046,391.51

134

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
TRI-COUNTY BANK OF ROYSTON Royston (Franklin), Ga.
As called for by the Superintendent of Banks

JOE E. RIDGWAY,
President. Date of Charter: 8-9-1941
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding .... Other assets .................. ..
Total Assets ..............

$ 630,392.05 1,647,627.98 425,000.00 1,400,805.37 None None 500,000.00 3,596,309.54
134,669.52 None None
62,070.26
$ 8,396,874.72

LARRY M. LEARD, Cashier.
Began Business: 9-1-1941

LIABI UTI ES
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. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock ................ . Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,164,393.32 4,132,246.47 108,188.36
258,758.34 None None
None None None
None 101,019.25
61,649.94 None None
200,000.00 200,000.00 170,619.14
None
$ 8,396,874.72

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with ot11er banks, and cash items in process of coUection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations .. Ob~~l!ons of States and political sub-
dwmons ................... . Other securities including corporate
stocks ..................... . Trading account securities .. Federal funds sold and securities pur-
chased under agreements to rescU Otl1er loans ................... . Bank premises, furniture and faxtures.
and other assets representing bank premises ................... Real estate owned other than bank premises ................... . Customer's liability to tl1is bank on acceptances outstanding ....... . Ot11er assets ................... .
Total Assets ................... .

$ 305,100.47 431,249.96 489,308.83 151,702.39 None None None
1,313,464.64
28,638.58 1,581.40 None None
$ 2,721,046.27

W.E. OXFORD, Cashier.
Began Business: 10-1-1898

LIABILITIES
Demand deposits ............... . Time and savings deposits .. Deposits of U.S. Government .... Dcp_o~!s of States and political sub-
diVJSions ................... . Deposits of banks ............. .. Certified and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances eecuted by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures . Common stock ............... .. Surplus ..................... .. Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

934,100.75 1,186,872.47
11,300.58
295,444.69 None
3,713.26
None None None
None None 13,542.65 None None 50,000.00 100,000.00 112,071.87 14,000.00
2,721,046.27

FIFTIETH ANNUAL REPORT

I35

STATEMENT Showing condition at the close of business December 31, 1969, 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- I955
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . federal funds sold and securities pur-
chased under agreements to resell . Other loans ................ Bank premises, furniture and faxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ..................

904,351.82 468,123.76 250,000.00 350,896.50
None None 200,000.00 1,697,601.47
60,654.72 None None
1,887.50
$ 3,933,515.77

FRANK W. BRUMLEY, Cashier.
Began Business: 8-4-1955

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. .. federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for account of this bank and outstanding. OU1cr liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .... Common stock ............. Surplus ..................... .. Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ............

$ 1,475,983.79 1,143,557.13 256,775.55
531,819.43 None
4,638.54
None 8,000.00
None
None 146,145.73
38,130.55 None None
100,000.00 200,000.00
28,465.05 None
$ 3,933,515.77

STATEMENT Showing condition at the close of business December 31, 1969, of
ST. SIMONS STATE BANK St. Simons Island (Glynn), Ga. As called for by the Superintendent of Banks

E.R. BUFKIN, President.
Date of Charter: 4-24-1950
ASSF.TS
Cash, balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real ctate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ..............

$ 550,552.45 789,693.06 649,313.15 360,060.33 None None 300,000.00
3,400,857.22
212,287.92 None None
54,648.55
6,317,412.68

RALPH A. WADE, Cashier.
Began Business: 6-1- I950

LIABILITIES
Demand depoils ......... Tin1c and savings deposits ..... Deposits of U.S. Government .. Dcp_osi!s of States and political sul>-
dtvtSJons ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock .............. Surplus ..................... Undivided profits ........... Reserves for contingencies ........ .
Total Liabilities ...............

2,619,979.98 2,366,131.37
123,968.74
302,260.68 139,096.21 86,543.09
None None 96,262.26
None 165,857.54
73.723.40 None None
100,000.00 200,000.00 43,589.61
None
6,317,412.68

136

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations .... Ob~t!ons of States and politieal sub-
divisions .......... Other securities including corporate
stocks ............ Trading account securities .. Federal funds sold and securities pur
chased under apeements to reseU Other loans ........... Bank premises, furniture and riXtures,
and other assets representing bank premises ........... Real estate owned other than bank premises .............. Customer's liability to this bank on acceptances outstanding ..... Other assets ...........
Total Assets ...........

s 439,090.54 264,234.06 300,000.00 NoDe NoDe NoDe 500,000.00 2,071,336.45
129,527.15 NoDe NoDe
100.00
3,704,288.20

T.C. RHODES, Cashier.
Began Business: 5-3-1965

LIABILITIES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ..... Dep?~!" of States and political sub-
divisions ............ Deposits of banks .......... Certirled and ofru:ers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans ......... Reserves on securities ....... Capital Notes and debentures .. Common stock ....... Surplus ........... Undivided profits ........ Reserves for contingencies ......
Total Liabilities ..........

s 1,283,723.72 1,591,866.07 38,533.99
264,206.84 None
14,088.56
NoDe None None
NoDe 56,499.69 49,712.07
NoDe NoDe 200,000.00 150,000.00 55,657.26 NoDe
s 3,704,288.20

STATEMENT Showing condition at the close of business December 31, 1969, of
THE GEO. D. WARmEN BANK Sandersville (Washington), Ga.
As called for by the Superintendent of Banks

C. FINDLAY IRWIN, SR., President. Date of Charter: 3-18-1957
ASSETS
Cash, balances with other banks, and cash items in process of coUcction .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... Obli.~'!ons of States and political sub-
diVISions .......... Other securities including corporate
stocks ................... Trading account securities ........ Federal funds sold and securities pur-
chased under apeements to rcseU . Other loans ................... . Bank premises, furniture and rDttures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's fiability to this bank on acceptances outstanding ....... Other assets ................
Total Assets .................

$ 1,888,109.45 2,468,121.58 75,000.00 1,377,407.98 NoDe NoDe NoDe 6,286,557.81
119,369.94 67,985.28
None None
$ 12,282,552.04

AMOS Y. BRYAN, Cashier.
Began Business: 3-18-1957

LIABILITIES
Demand deposits ............ Time and savings deposits ...... Deposits of U.S. Government ..... . Dcp_o~~s of States and political sub-
diviSions ................... Deposits of banks ............. Certified and offiCers' cllecks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 6,476,739.05 3,708,840.95 403,240.02
654,137.04 NoDe
1,536.04
None None None
None 8,000.00 140,613.22
None None 200,000.00 400,000.00 289,445.72 None
$ 12,282,55 2.04

FIFTIETH ANNUAL REPORT

137

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF SARDIS Sardis (Burke), Ga. As called for by the Superintendent of Banks

W.H. SMITH, President. Date of Charter: 4-27-1945
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t.ions of States and political sub-
divwons ........ Other securities including corporate
stocks ..................... . Trading account securities ........ . federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ............. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Otltcr assets ................... .
Total Assets ..................

$ 143,109.60 217,567.30 130,000.00 2,000.00 None None 200,000.00
1,070,495.09
59,139.73 None None None
1,822,311.72

L.F. BARGERON, Cashier.
Began Business: 7-2-1945

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
diVISIOns ................... Deposits of banks .............. . Certified and ofncers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Otlter liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . ReseJVCs on securities ...... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 549,027.34 818,258.48 2,516.21
177,846.10 10,863.93 18,936.30
None None None
None 34,572.10
7,492.40 None None
60,000.00 80,000.00 62,798.86
None
1,822,311. 72

STATEMENT Showing condition at the close of business December 31, 1969, of
ATLANTIC BANK AND TRUST COMPANY Savannah (Chatham), Ga.
As called for by the Superintendent of Banks

EDGAR R. TERRY, President. Date of Charter: 11-6-1933
ASSETS
Cash, balances with other banks, and cash items in process or coUection .
U.S. Treasury securities .......... Securities or other U.S. Government
agencies and corporations ...... . Obligations or States and political sub-
divisions .............. Other securities including corporate
stocks ..................... Trading account securities ... federal funds sold and securities pur
chased under agreements to rcseU . Otltcr loans ................... . Bank premises. furniture and nxtures,
and other assets representing bank premises . . . . . . 0 0 0. 0 0 0 0 0 0 0. Real estate owned other than bank premises . 0 0 0 0 0 0, 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

94,431.72 831,293.84 249,875.00
None None None None 3,911,699.15
132,049.03 None None
40,496.54
$ 5,259,845.88

JAS. J. JOHNSON, Cashier.
Began Business: 11-6-1933

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions 0 0 0 0. 0 0 0 0 0 0 0 0. 0 Deposits or banks .............. . CertiriCd and ofnccrs' checks etc. . .. federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account or this bank and outstanding. Other liabilities ................ . Reserves on loans . o o o o o o o o 0 0 0 Reserves on securi tics ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

69,770.62 3.960,399.29
None
419,000.00 10,000.00 26,078.88
None None None
None 68,015.97 91,095.92
None None 300,000.00 200,000.00 114,556.16 929.04
5,259,845.88

138

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CARVER STATE BANK Savannah (Otatham), Ga.
As called for by the Superintendent of Banks

LD.PERRY, President. Date ofOtarter: 4-29-1947
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ... Securities of other U.S. Go.ernment
aaencies and corporations .... Ob~~ons of States and political sub-
divisions Other securities includinl corporate
stocks ............. Trading account securities ...
resen . Federal fUnds sold and securities pur chased under apeements to Other loans .......... Bank premises, furniture and rJXtures,
and other assets represenlin& bank premises ...... Real estate owned other than bank premises Customer's liability to this bank on acceptances outstanding ... Other assets .........
Total Assets .........

s 387,525.16 1,511,800.41 100,000.00 240,667.38 None None No"" 1,271,370.92
45,767.19 525.16 None NOM
s 3,557,656.82

C. BERNARD NICHOLS, Cashier.
Began Business: 6-4-1947

LIABILmES
Demand deposits ........... Time and savinp deposits ...... Deposits of U.S. Government ..... Dep~~!' of States and political sub-
divisions .. Deposits of banks . CertiOed and ofrJCerS' checks etc. Federal fUnds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortpge indebtedness ...... Acceptances executed by or for account of this blnk and outstanding. Other Uabilities ...... Resenes on loans ............ Reserves on securities ........ Capital Notes and debentures .. Common stock ........... Surplus ........... Undivided proOts ..... Reserves for contingencies ........
Total Liabilities .........

s 482,493.77 1,859,894.40 206,446.16
621,465.75 8,000.00
32,953.83
None
NOM
None
No"" 19,898.25 10,585.96
None No"" 150,000.00 55,120.00 69,939.39 40,259.31
s 3,557,656.82

STATEMENT Showing condition at the close of business December 31, 1969, of THE CmZENS AND SOUmERN BANK OF CHAmAM COUNTY
Savannah (Otatham), Ga. As called for by the Superintendent of Banks

J. FRANK SCOTT, President. Date ofOtarter: 5-5-1969
ASSETS
Cash, balances with other blnks, and cash items in process of coDection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations .... Ob~~'!ons of States and political sub-
diviSions .................. Other securities including corporate
stocks ..................... Trading account securities ....... Federal funds sold and securities pur
chased under agreements to rcseU Other loans ................. Bank premises, furniture and rJXtures,
and otler assets representing blnk premises ................... . Real estate owned other than blnk premises ................... Customer's liability to this blnk on acceptances outstanding ...... Other assets ............
Total Assets ..................

s 743,251.38 156,916.20
No"" No"" None None None 911,925.50
338,624.91
No"" None 13,312.49
s 2,164,030.48

MRS. BETTE B. ANDERSON, Cashier.
Began Business: 9-22-1969

LIABILITIES
Demand deposits ............ Time and saYings deposits ........ Deposits of U.S. Government ... Dep_o~!S of States and political sub-
di151ons ................ Deposits of blnks ........ Certirlcd and ofrJcers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortpge indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus .................. Undivided pronts ........... Reserves for contingencies ........ .
Total Liabilities ................

s 950,534.33 326,223.14 37,658.17
135,000.00 None
41,251.04
None None 145,532.57
None 46,979.99
None None None 250,000.00 200,000.00 30,851.24 None
s 2,164,030.48

FIFTIETH ANNUAL REPORT

139

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
~~J~o'l :u,~t~: ~;,;.;.~~i agencies and corporations ...... Ob~!ons of States and political.sub-
divisions ................ Other securities includins corporate
stocks ................... Trading a<:count securities ....... Federal funds sold and securities pur-
chased under .....,.,ments to resen . Other loans ................ Bank premises, furniture and nxtures,
and other assets representing bank premises ............. Real estate owned other than bank premises ................ Customer's liability to this bank on a<:ceptances outstanding ....... . Other assets ...............
Total Assets ...................

$ 149,431.01 416,523.20 None 365,773.85 None None None
3,582,321.89
99,906.49 23,444.S7
None None
4,637,401.01

GILBERT G. WOOD, Secy. & Treas.
Began Business: 8-11-1953

LIABILITIES
Demand deposits ............... Time and savings deposits ...... Deposits of U.S. Government ..... Dep~'!i~ of States and political sub-
diVISions .......... Deposits of banks ......... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .......... Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Resenes on loans ........... Resenes on securities .......... Capital Notes and debentures ... Common stock ........... Surplus ..................... Undivided pronts ............. Resenes for contingencies ........ .
Total Liabilities .............

$

30S.34

3,328,566.74

718.71

301,790.00 None None

None 100,000.00
None
None 12,600.00 107,047.80 14,19S.OO
None 300,000.00 300,000.00 1S2,177.42
20,000.00
$ 4,637,401.01

STATEMENT Showing condition at the close of business December 31, 1969, of
FIRST BANK OF SAVANNAH Savannah (Chatham). Ga.
As called for by the Superintendent of Banks

MAX E. HERRIN,
President.
Date of Charter: 7-29-1909
ASSETS
Cash, balances with other banks, and cash items in process of coDection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations .... Obli.~f:ions of States and political sub-
diviSions .................. .. Other securities including corporate
stocks .................... .. Trading a<:count securities ........ Federal funds sold and securities pur
chased under agreements to resen . Other loans .................. .. Bank premises, furniture and fl.l<tures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ...... ., .......... .. Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 1,044,385.10 S83,916.10 1SO,OOO.OO 897,741.2S None None None
10,683,146.81
294,189.SO 7,002.00 None 10,820.24
13,671,201.00

J. LAURENCE DUNN, Cashier.
Began Business: 8-4-1909

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government ..... Dep.o'!i!s of States and political sub-
diviuons .................. .. Deposits of banks .............. . Certined and omcers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for bonowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Resenes on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided pronts .............. . Reserves for contingencies ........ .
Total Liabilities ............... ..

$ 1,0S0,270.77 10,588,099.13 None
398,730.94 3S,OOO.OO 136,139.93
None None None
None 149,076.98 216,068.48
None None
3s2oSo,O,oOoOo..OoOo
147,814.77 12S,OOO.OO
$ 13,671,201.00

140

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
INDUSTRIAL BANK OF SAYANNAB Savannah (Chatham), Ga.
As called for by the Superintendent of Banks

LR. WYLLY, JR., President. Date of Charter: 5-20-1954
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ... Ob~!ons of States and political sub-
divisions .......... Other securities including corporate
stocks .............. Trading account securities ... Federal funds sold and securities pur-
chased under apoements to reseD Other loans ........ Bank premises, furniture and rJXtures,
and other assets representing bank premises .......... Real estate owned other than bank premises .. Customer's liability to this bank on acceptances outstanding ... Other assets .........
Total Assets ......

$ 209,715.75 930,426.08 Noae 477,845.70 Noae Noae Noae
2,510,103.69
367,636.91 8,371.38 Noae 14,743.19
$ 4,518,842.70

A.B. GAMMON, JR.,
Cashier. Began Business: 5-20-1954

LIABlLmES
Demand deposits ............. Time and savings deposits ...... Deposits of U.S. Government .... Dep~~!S of States and political sub-
divisions ............. Deposits of banks ........ Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money Mortgase indebtedness ..... Acceptances executed by or for account of this bank and outstanding. Other liabilities ......... Reserws on loans ............. Reserves on securities ...... Capital Notes and debentures ... Common stock .. , ......... Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ......
Total Liabilities ................ .

692,249.50 2,146,538.17
9,253.90
419,967.55 None
37,609.65
None None 237,169.84
None 389,886.14
50,475.95 Noae Noae
225,000.00 175,000.00 127,164.48
8,527.52
$ 4,518,842.70

STATEMENT Showing condition at the close of business December 31, 1969, of SAYANNAB BANK AND TRUST COMPANY OF SAYANNAB
Savannah (Chatham), Ga. As called for by the Superintendent of Banks

MALCOLM BELL, JR., President. Date of Charter: 3-4-1869
ASSETS
Cash, balances with other banks, and cash items in process of coDection
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations .. O~~l!ons of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ..... Federal funds sold and securities pur-
chased under apoements to reseD Od1er loans .................. .. Bank premises, furniture and fiXtures,
and od1er assets representing bank premises ................... Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding . Other assets ................... .
Total Assets .................. ..

$ 17,897,176.08 11,621,219.94 200,000.00 5,623,214.35 200,000.00 None None 66,592,828.61
1,688,427.27 31,615.06 None
1,062,290.30
$104,916,771.61

CANN COOK, JR., Cashier.
Began Business: 7-1-1869

UABlLmES
Demand deposits ............... . Time and savings deposits ....... Deposits of U.S. Government ..... Dep_o~!S of States and political sub-
diviuons .................. .. Deposits of banks .............. . Certined and offiCers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgase indebtedness ......... Acceptances executed !>y or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. .. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided pronts .............. . Reserves for contingencies .......
Total Liabilities ................ .

$ 39,596,657.46 42,413,996.56 49o,208.16
4,650,612.36 5,049,816. 72
793,804.62
Noae 350,000.00
None
None ~786,992.02 1,496,638.78
None None 1,815,000.00 4,685,000.00 630,998.10 157,046.83
$104,916,771.61

FIFTIETH ANNUAL REPORT

141

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
~~J=511o7 :U.~'t!$: G~~~;,;.;.~~i agencies and corporations ...... Ob~!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ................... TradinJ account securities ........ Federal funds sold and securities pur-
chased under apeements to reseU . Other loans ................... Bank premises, furniture and f1>.tures,
and other assets representirg bank premises ................. Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstandins ....... . Other assets ...................
Total Assets ................... .

s 136,034.67 533,085.72 150,002.94 None None None None 1,333,406.82
37,248.43 None None
3,566.10
2,193,344.68

CHRISTINE T. MILLER, Cashier.
Began Business: 1889

LIABlLlTIES
Demand deposits .............. Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
diVISIOns ................... Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under asreements to repurchase .................. . Other liabilities for borrowed money . Mortsage indebtedness .......... . Acceptances executed by or for account of this bank and outstandi011. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ...................... . Undivided profits .............. . Reserves for continsencies ........ .
Total Liabilities ...............

s 748,951.23 1,034,777.81 5,979.38
133,229.99 None
2,601.35
None None None
None 86,985.17 29,434.64
None None 30,000.00 55,000.00 51,385.11 15,000.00
s 2,193,344.68

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.lll!t!ons of States and political sub-
diVtstons ................... . Other securities includi011 corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representinB bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 292,004.22 419,000.00 229,562.50 443,370.39 None None 300,000.00
1,417,523.28
93,401.07 10.00 None
8,534.39
3,203,405.85

L.R. RIGSBY, Cashier.
Began Business: 1-2-1959

LIABlLlTIES
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. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortsage indebtedness .......... . Acceptances executed by or for account of this bank and outstandi011. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,527,830.66 1,014,089.45
15,191.52
256,281.44 None
25,996.36
None None None
None 34,783.10 28,410.59
None None 50,000.00 175,000.00 75,822.73 None
3,203,405.85

142

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS Cash, balances with other banks, and
cash items in process of collection U.S. Treaswy securities ... Securities of other U.S. Govenunent
aaencies and corporations .. O~ons of States and political sub-
divisions ..... Other securities including corporate
stocks ......... Trading account securities . Federal funds sold and securities pur
chased under apeements to reseO Other loans .......... Bank premises, furniture and fixtures,
and other assets representinc bank premises ....... Real estate owned other than bank premises . Customer's liability to this bank on acceptances outstanding . Other assets ....
Total Assets ..........

s 2,082,020.28 1,947,643..67 1,644,515.00 3,627,367.56 None None 1,000,000.00 11,270,621.23
552,650.79
None None
22,555.02
s 22,147,373.55

H.D. LESTER,
Cashier. Began Business: 8-5-1946

UABILmES
Demand deposits ....... Time and savinp deposits .... Deposits of U.S. Govenunent .. Dep~!i!" of States and political sub-
divisions ..... Deposits of banks .... Certif'Jed and oflkers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ....... Other liabilities for bonowed money MoJ1Bsle indebtedness .. Aoceptances executed by or for ..,. count of this bonk and outstanding. Other liabilities ....... Reserves on loans ......... R-rves on securities .... Capital Notes and debentures Common stock ... Surplus .......... Undivided profits .... R~ for contlnglencies ..
Total LlabiJities ....

s 9,640,614.74 8,161,428. 79 1811,616.45
1,455,886.51 47,400.00 27,185.35
None None None
None 556,828.71 255,983.81
None None
500,000.00 750,000.00 433,523.45 137,905..67
s 22,147,373.55

STATEMENT Showing condition at the close ofbusiness December 31, 1969, of
SOCIAL CIRCLE BANK Social Circle (Walton), Ga. As called for by the Superintendent of Banks

ROY J. MALCOM, President. Date of Charter: 12-31-1923
ASSETS Cash, balances with other bonks, and
cash items in process of coDection U.S. Treaswy securities .. Securities of other U.S. Govenunent
aaencies and corporations O~~ons of States and political sub-
divisions ...... Other securities including corporate
stocks ........ Trading account securities ... Federal funds sold and securities pur
chased under apeements to ..-JJ . Other loans ..... Bank premiaes, furniture and fiXtures,
and other assets repreaenting bank premises ..... Real estate owned other than bank premises ... , ...... Customer's liability to this bank on aoceptances outstanding .. Other assets .....
Total Assets .......

s 451,719.12 572,244.19 436,775.00 607,257.78 None None 400,000.00 2,612,434.11
31,752.09 None None
19,652.64
s 5,125,834.93

MRS. MARYS. CHANDLER, Cashier.
Began Business: 3-8-1924

UABILmES
Demand deposits ....... Tune and savings deposits ... Deposits of U.S. Govenunent . ~si~ of States and political sub-
divisions . Deposits of bonks Certif'Jed and ofllcen' checks etc. . . Federal funds purchased and securities
sold u ncler agreements to repurchase ........ Other liabi6tics for bonowed money . MoJ1Bsle indebtedness ......... Aoceptances executed by or for ..,. count of this bank and outstanding. Other llabilities ...... Reserves on loans ...... Rcaerves on securities ..... Capital Notes and debentures .. Common stock ......... Surplus ............. Undivlcled profits ........ ~rves for contingencies ........
Total Uabilities ..........

s 1,497,656.51 2,310,425.42 64,676.30
637,332.79 None
6,791..64
None None None None 194,990.96 53,514.43 None None 100,000.00 175,000.00 85,446.81 None
s 5,125,834.93

FIFTIETH ANNUAL REPORT

143

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF SOPERTON Soperton (Treuden), Ga.
As called for by the Superintendent of Banks

JIM L. GILLIS, JR., President. Date of Charter: 7-16-1906
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Trcasucy securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and oU1er assets representing bank premises ................... . Real estate owned oU1er than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 580,152.98 804,517.50
1,100,040.00 596,780.65 25,000.00 None
1,300,000.00 3,106,871.57
2,500.00 1.00 None 8.33
7,515,872.03

B. KENNON GILLIS, Cashier.
Began Business: 1903

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep.o~!" of States and political sub-
divtSions ................... . Deposits of banks ............. .. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold u ndcr agreements to repurchase .................. . OU1er liabilities for bOrrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding, Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,268,368.05 3,539,763.95 42,787.15
751,254.90 None
35,868.39
None None None
None 218,735.18 107,479.45
None None 100,000.00 300,000.00 151,614.96 None
$ 7,515,872.03

STATEMENT Showing condition at the close of business December 31, 1969, of
BANKOFHANCOCKCOUNTY Sparta (Hancock), Ga.
As called for by the Superintendent of Banks

S.H. HOLLIS, President.
Date of Charter: 10-18-1904
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obl~~'!ons of States and political sub-
drvaSJons ........ Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rcseU . OU1cr loans .................. .. Bank premises, furniture and fiXtures,
and other assets represcnting bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceplanccs outstanding ....... Other assets .................. ..
Total Assets ..................

$ 636,574.40 808,297.50 709,900.00 763,161.09 None None None
4,092,572.55
160,012.10 None None None
$ 7,170,517.64

WM. W. ARCHER, Cashier.
Began Business: 9-5-1904

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep.o~! of States and political sub-
diVISions .......... Deposits of banks .............. . Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. .. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... .. Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

2,086,927.39 3,520,492.08
100,594.11
792,602.81 None
44,135.54
None None None
None None 77,855.60 None None 200,000.00 300,000.00 47,910.11 None
$ 7,170,517.64

144

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS AND SOUmERN SPRINGFIELD BANK Springtleld (Effingham), Ga.
As called for by the Superintendent of Banks

CUFFORD W. TURNER, President. Date of Charter: 12-30-1907
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ... Securities of other U.S. Government
aaencies and corporations ... Ob~!ons of States and political sub-
divisions . . . . . . . . Other securities including corporate
stocks .......... Trading account securities ... Federal funds sold and securities pur
chased under apeements to reseD Other loans .... Bank premises, furniture and fixtures,
and other assets representing bank premises ....... Real estate owned other than bank premises ..... Customer's liability to this bank on acceptances outstanding .. Other assets ................... .
Total Assets ....

$ 641,894.90 816,096.60 None 819,611.83 None None None
S,722,542.37
76,804.26 None None
60,387.S2
$ 8,137,337.48

B.E. HINELY, Cashier.
Began Business: 1-1-1908

LIABILmES
Demand deposits .............. .. Time and savinp deposits ....... Deposits of U.S. Government ..... . Deposits of States and political sub-
dmsions .................. .. Deposits of banks .............. . Certified and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ....... Capital Notes and debentures Common stock ............... .. Surplus ...................... . Undivided profits .............. . Reserves for contingencies .......
Total Liabilities ................ .

$ 2,177,064.92 4,309,111.37 21,569.96
666,878.46 None
6,83S.96
None 2S.OO None
None 418,24S.14
72,243.33 None None
200,000.00 100,000.00 91,56S.43 48,822.91
$ 8,137,337.48

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coDection
U.S. T,reaswy securities .... Securities of other U.S. Government
agencies and corporations ... Ob~f!ons of States and political sub-
dmsions .................. .. Other securities including corporate
stocks ..................... . Tracling account securities ...... Federal funds sold and securities pur'
chased under apeements to reseD Other loans .................. .. Bank premises, furniture and fixtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability 1o this bank on acceptances outstanding .... Other assets ......
Total Assets .......

$ 81S,872.S6 4S1,119.SO 834,9S8.S9 S86,106.S4 None None None
1,126,409.09
4,906.04 None None None
$ 3,819,972.32

J.C. KILGORE, JR., Cashier.
Began Business: 1916

UABILmES
Demand deposits ........... Time and savings deposits ..... Deposits of U.S. Government .... Dep~~~ of States and political sub-
divisions . . . . . . . . . . . . . . . Deposits of banks .......... Certified and offiCefs' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other liabilities .......... Reserves on loans .............. . Reserves on securities ........ Capital Notes and debentures ... Common stock .............. Surplus ................ Undivided profits ............ Reserves for contingencies ....
Total Liabilities ............

$ 2,018,548.98 1,298,297.02 1,879.33
179,518.14 None
11,544.38
None None None
None None None None None SO,OOO.OO 17S,OOO.OO 8S,184.47 None
$ 3,819,972.32

FIFTIETH ANNUAL REPORT

145

STATEMENT Showing condition at the close of business December 31, 1969, of
BULLOCH COUNTY BANK Statesboro (BuUoch), Ga.
As called for by the Superintendent of Banks

W.G.COBB, President.
Date of Charter: l-19-1934
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~!ons of States and political sul>-
diviSJons ................... Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank/remises, furniture and nxtures,
an other assets representing bank premises ................. Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . OU1er assets ..................
Total Assets ................... .

1,726,814.67 2,671,819.89
5,163.79 1,151,251.50
None None None 7,912.073.12
315,353.70 None None
54,7og.3o
s 13,837,184.97

THOS. F. HOWARD, Cashier.
Began Business: 4-14-1934

LIABILITIES
Demand deposits ............... . Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sul>-
diVISlons ................... Deposits of banks .............. Certined and omcers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided pronts .............. . Reserves for contingencies ........ .
Total Liabilities ................

6,516,206.87 4,158,390.99
234,409.66
1,391,346.59 63,598.41 110,780.79
None None None
None 302,805.95 123,508.63
None None 300,000.00 400,000.00 136,137.08 100,000.00
13,837,184.97

STATEMENT Showing condition at the close of business December 31, 1969, of
SEA ISLAND BANK Statesboro (BuUoch), Ga. As called for by the Superintendent of Banks

F. EVERETT WILLIAMS, President. Date of Charter: 3-11-1901
ASSETS
Cash, balances with oU1er banks, and cash items in process of collection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sul>-
dJVISIOns ................... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and r.xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Ulis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

s 2.683,589.22 1,745,605.34 935.16 1,136,206.44 None None 600,000.00 9,544,143.67
108,954.55 96,500.00
None 503.63
s 15,916,438.01

H.E. BRAY, Cashier.
Began Business: 1901

LIABILITIES
Demand deposits ............... Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dep.o~~s of States and political sul>-
diVISJons ................... . Deposits of banks .............. . Certined and omcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

s 6,883,686.42 5,087,230.64 146,6og.98
2,015,162.75 64,223.55 130,941.05
None None None
None None 150,000.00 None None 200,000.00 800,000.00 328,584.62 110,000.00
s 15,916,438.01

146

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ...... Ob~~ons of States and political sub-
divisions ............ Other securities Including corporate
stocks .......... Trading account securities .... Federal funds sold and securities pur-
chased under apeements to reseD Other loans ........... Bank premises, furniture and rD<tures,
and other assets representing bank premises ......... Real estate owned other than bank premises ....... Customer's lisbility to this bank on acceptances outstanding ... Other assets .......
Total Assets .........

$ 278,516.15 245,623.n 122,827.50
672,029.18
None None None 2,884,705.02
178,952.20
None
None 25,828.30
s 4,408,482.12

S. TOM ELLIS, Cashier.
Began Business: I 0-8-1964

LlABILmES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
divtSJ.ons ........ ~ ......... . Deposits of banks ............ Certified and ofr~eers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other lisbililies for borrowed money . Mortgage Indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Resenes on loans ............. Resenes on securities ........... . Capital Notes and debentures ..... . Common stock .......... Surplus ................... Undivided profits ......... Resenes for contingencies ........
Total Liabilities ..........

1,087,667.45 1,937,230.78
15,621.75
384,344.48 None
4,631.90
None None None
None 482,no.86
24,363.30 503.27 None
240,000.00 160,000.00 61,348.33 10,000.00
s 4,408,482.12

STATEMENT Showing condition at the close of business December 31, 1969, 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 of Charter: 4-1 7-1957

ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities .... Securities of other U.S. Government
agencies and corporations .. O~~ons of States and political sub-
divisions ............ Other securities including corporate
stocks ...........
Trading account securities ..... Federal funds sold and securities pur-
chased under apeements to reseD Other loans ......... Bank premises, furniture and fixtures,
and other assets representing bank premises ....... Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding . Other assets .....

s 513,571.16 1,090,275.63
124,906.25
789,465.70
None None
None 5,339,916.19
101,076.20
2,000.00
None 45,238.40

Total Assets ........... s 8,006,449.53

ROBERT L. MAUGHON, Cashier.
Began Business: 6-6-1957

LIABILmES
Demand deposits ............... Tbne and savings deposits ........ Deposits of U.S. Government ....
~~n~f ~~~~ -~~ ~~-li-~c~ -~~
Deposits of banks ............. Certified and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money Mortgage indebtedness ........ Acceptances executed by or for account of this bank and outstanding. Other lisbililics ............... Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............. Surplus .................... Undivided profits .............. . Reserves for continpmcies ........ .
Total Liabilities ..............

s 2,759,764.10 3,105,025.48 68,307.38
490,880-43 None
62,658.94
None 100,000.00
None
None 691,132.65 91,541.67
17,590.77 100,000.00 120,000.00 180,000.00 139,548.11 80,000.00
$ 8,006,449.53

FIFTIETH ANNUAL REPORT

147

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
divisions ................... . Other securities includin& corporate
stocks ................... Trading account securities ........ Federal funds sold and securities pur
chased under "'""'ments to reseU . Other loans ................. Bank premises, furniture and fiXtures,
and other assets representinl bank premises .................. Real estate owned other than bank premises ................. Customer's liability to this bank on acceptances outstanding ....... Other assets ..................
Total Assets ..................

$ 2,281,948.81 3,840,892.90 400,000.00 1,846,264.47 None None None 5,291,102.54
5,001.00 30,075.00 95,000.00 6,108.12
$ 13,796,392.84

JAMES F. KING, Cashier.
Began Business: 2-6-1926

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~~ of States and political sub-
divtaons ................... Deposits of banks ............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for bonowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ..............

$ 6,185,650.18 3,776,987.03 259,450.81
1,557,119.38 None
110,652.38
None None None
95,000.00 12,016.00 117,974.18 80,000.00
None 300,000.00 700,000.00 225,000.00 376,542.88
$ 13,796,392.84

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CENTRAL BANK Swainsboro (Emanuel), Ga. As called for by the Superintendent of Banks

J.L. LIVINGSTON,
President. Date of Charter: IQ-27-1920
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ..... ObliJI!t!ons of States and political sub-
diviaons ...... Other securities including corporate
stocks ..................... Tradin& account securities ....... Federal funds sold and securities pur
chased under "'""'ments to reseU Other loans ................ Bank premises, furniture and fixtures,
and other assets representing bank premises ............... Real estate owned other than bank premises ............. Customer's liability to this bank on acceptances outstanding ....... Other assets .............
Total Assets ................... .

$ 345,058.32 962,850.63 599,584.36 560,698.29 None None None
3,235,047.30
39,006.12 4,000.00 None None
$ 5,746,245.02

JACK S. BAZEMORE, Cashier.
Began Business: 11-9-1920

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~~s of States and political sub-
diVISIOns ................. Deposits of banks .............. Certified and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,059,086.41 2,519,544.45 47,453.96
447,264.36 90,477.87 60,447.66
None None None
None 86,815.84 75,040.81
None None 100,000.00 250,000.00 10,113.66 None
5, 746,245.02

148

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS BANK OF SWAINSBORO Swainsboro (Emanuel), Ga.
As called for by the Superintendent of Banks

J.R. DEKLE, President. Date of Charter: Il-l 0-1900
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasul}' !eCUrities ..... Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and poUtical sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities .... Federal funds sold and !eCUrities pur-
chased under agreements to reseD Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises .................. ..
Customer's liability to this bank on
acceptances outstanding .... Other assets ................... .
Total Assets ................... .

s 1,006,236.33 1,288,000.00 201,816.58 551,045.38 None None 800,000.00 6,652,557.45
406,852.60 119,139.73
None None
s 11,031,648.07

JAMES R. SMITH, Cashier.
Began Business: 1900

LIABILmES
Demand deposits ............... . Time and savings deposits ....... Deposits of U.S. Government ..... Dep!l~!' of States and political sub-
diVISions ................... . Deposits of banks ............. .. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bonk and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities .......... .. Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies .......
Total Liabilities ................ .

s 3,491,789.08 4,353,887.40 308,295.82
1,411,551.96 180,975.58 78,763.74
None None None
None 79,299.15 17,313.09
None None 200,000.00 900,000.00 9,772.25 None
s 11,031,648.07

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other bonks, and cash items in process of coUection
U.S. TreaSill}' securities ....... Securities of other U.S. Government
agencies and corporations ... Ob~~ons of States and poUtical sub-
diviSions ................... . Other securities including corporate
stocks ..................... . Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ...... , ........... . Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets ................... .

s 463,363.16 118,168.70 410,000.00 572,342.69 None None 200,000.00 1,744,896.41
80,840.67 9,200.00 None
45,754.61
s 3,644,566.24

W.H. ROUNTREE, Cashier.
Began Business: 3-l-1965

LIABILITIES
Demand deposits ............... . T110e and savings deposits ....... Deposits of U.S. Government .... Dep!l~!' of States and political sub-
divisiOns ................... . Deposits of banks .............. . Certifted and officers' checks etc. . .. Federal funds purchased and !eCUrities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. .. Reserves on securities ........... . Capital Notes and debentures .... Common stock ................ . Surplus ...................... . Undivided profits . .......... .. Reserves for contingencies ........ .
Total Liabilities ............... ..

1,391,145.36 1,188,402.28
40,003.54
381,952.07 111,405.55
8,310.72
None None None
None 111,362.83
41,866.26 None None
125,000.00 175,000.00 70,117.63
None
3,644,566.24

FIFTIETH ANNUAL REPORT

149

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF SCREVEN COUNTY Sylvania (Screven), Ga.
As called for by the Superintendent of Banks

C.L. MILLER, President.
Date of Charter: 4-1 Q-1911
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obti~t.ions of States and potitical sub-
divmons ................... . Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's tiability to this bank on accep lances ou !standing ....... . Other assets ...................
Total Assets ................... .

$ 1,167,812.71 709,562.50 800,000.00
1,525,790.67 None None
400,000.00 4,137,346.65
45,000.00 None None None
$ 8,785,512.53

D.L. MURRAY, Cashier.
Began Business: 2-28-1930

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
divtSJ.ons .................. Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

3,279,157.70 3,506,050. 73
80,244.17
975,125.32 None
30,685.25
None None None
None 68,899.80
None None None 200,000.00 200,000.00 445,349.56 None
8,785,512.53

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERSANDMERCHANTSBANK Sylvania (Screven), Ga.
As called for by the Superintendent of Banks

W.B. LOVETT,
President. Date of Charter: 2-18-1946
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Obll.ll'!'!ons of States and political sub-
dtvtstons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ..................
Total Assets ................... .

s 572,815.45 477,804.07 1,114,406.25 810,284.51 None None None 2,521,081.09
5,549.09 None None None
5,501,940.46

B.E. BLACKBURN, Cashier.
Began Business: 3-1-1946

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep!'~~s of States and political sub-
divlSlons ................... . Deposits of banks .............. . CertifM:d and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,017,396.15 2,235,368.76 16,029.65
711,598.84 None
54,751.33
None None None
None None 31,280.42 None None 100,000.00 102,000.00 233,515.31 None
$ 5,501,940.46

150

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... Ob~~ons of States and political sub-
divisions ......... Other securities including corporate
stocks .......... Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseD Other loans .............. Bank premises, furniture and f"IXtures,
and other assets representing bank premises Real estate owned other than bank premises . Customer's liability to this bank on acceptances outstanding ..... Other assets ........
Total Assets .............

$ 722,803.59 374,755.01 None
1,187,244.00 None None
400,000.00 5,749,314.42
102,035.08
None None 1,090.05
s 8,537,242.15

LEONARD SUMNER, Cashier.
Began Business: 11-l-1945

LIABlLmES
Demand deposits ......... Time and savinp deposits ....... Deposits of U.S. Government .... Dep?~!" of States and political sub-
divisions ........ Deposits of banks ......... Certif"Jed and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Re.....,s on loans ....... Reserves on securities ... Capital Notes and debentures ..... Common stock ...... Surplus .............. Undivided profits ..... Reserves for contingencies ......
Total Liabilities .......

s 3,065,616.17 3,588,922.47 72,050.70
513,068.85 18,628.10
195,366.49
None None None
None 260,554.59 124,776.46
None None 150,000.00 350,000.00 184,418.27 13,840.00
8,537,242.15

STATEMENT Showing condition at the close of business December 31, 1969, of
SYLVESTER BANKING COMPANY Sylvester (Worth), Ga.
As called for by the Superintendent of Banks

T.M. PURDOM, President. Date of Charter: 7-5-1898
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .. O~~ons of States and political sub-
divisions ................ Other securities including corporate
stocks ................ Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU Otl1er loans ........... Bank premises, furniture and fiXtures,
and other assets representing bank premises . Real estate owned other than bank premises , Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets ................... .

$ 961,963.84 1,556,195.00 100,031.25 675,965.71 None None 1,750,000.00 5,207,230.35
390,350.61 9,160.93 None 37.50
$ 10,650,935.19

D. NEIL PIERCE, Cashier.
Began Business: 7-1898

LIABILmES
Demand deposits ............... . Time and savings deposits .... Deposits of U.S. Government ... Dep?~~s of States and political sub-
divisions .................. .. Deposits of banks .............. . Certified and off"~eers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........ Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........
Total Liabilities ................ .

$ 3,618,735.18 4,979,564.97 81,537.81
536,600.07 None
105,063.05
None None None
None 258,407.30
91,635.81 None None
300,000.00 550,000.00 129,391.00
None
$ 10,650,935.19

FIFTIETH ANNUAL REPORT

ISI

STATEMENT Showing condition at the close of business December 31, 1969, 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

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and political sub-
diviSIOns ................... Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises,.furniture and fiXtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .

199,115.13 353,813.25 649,750.00 26,893.05
None None 450,000.00 1,419,626.36
2.00 1.00 None None

Total Assets ................... .

s 3,099,200.79

J.H. MAHONE, Cashier.
Began Business: 1-13-1891

LIABILmES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government ..... , Dep~~~ of States and political sub-
diVISions .................. Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures .... Common stock ............... Surplus ................... Undivided profits ............. Reserves for contingencies ........
Total Liabilities ................

993,175.18 1,126,691.33
22,681.56
716,263.06 None None
None None None
None 11,000.00 29,154.90 1,500.00
None 50,000.00 75,000.00 65,234.76
2,500.00
s 3,099,200.79

STATEMENT Showing condition at the close of business December 31, 1969, 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: I 2-6-1948
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ..... Obli_ll!t!ons of States and political sub-
diviSions .................. Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances ou!standing ....... Other assets ................
Total Assets ...................

s 559,725.39 1,437,809.61 792,905.21 267,462.32 None None None 1,896,714.65
51,402.14 None None
12,215.09
s 5,018,234.41

SAM CHEATWOOD, Cashier.
Began Business: 7-6-1949

LIABILmES
Demand deposits ........... Time and savings deposits ....... Deposits of U.S. Government ..... Dep_o!i!S of States and political sub-
divisions ................... . Deposits of banks .......... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness ........ Aa:eptances executed by or for account of this bank and outsnding. Other liabilities ................ . Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus .................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,859,071.94 2,256,980. 71
121,296.31
337,481.50 15,000.00 11,397.18
None None None
None 81,287.99 14,028.99
None None 100,000.00 100,000.00 91,689.79 30,000.00
s 5,018,234.41

152

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF TAYLORSVILLE Taylorsville (Bartow), Ga.
As called for by the Superintendent of Banks

HOLMES NEEL, President. Date of Charter: 6-6-1905
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ..... Ob~!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ............... Trading account securities ........ Federal funds sold and securities pur
chased under agreements to reseD Otherloans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ............. Real estate owned other than bank premises ...... Customer's liability to this bank on acceptances outstanding .... Other assets ........
Total Assets ..........

s 156,341.94 453,543.95 309,935.57 None None None None 1,406,773.77
56,000.00 None None None
s 2,382,595.23

W.R.GIBBS,
Cashier. Began Business: 6-13-1905

LIABJLmES
Demand deposits ............. Tune and savinp deposits ....... Deposits of U.S. Government ..... Dep!'~!S of States and political sub-
divisions ............ Deposits of banks . Certified and offJCers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ......... Other liabilities for borrowed money . Mortgage indebtedness .........
Acceptances executed by or for ao-
coun_t of.tJ:tis bank and outstanding. Other liabilities ............. Reserves on loans ......... Reserves on securities ......... Capital Notes and debentures ..... Common stock .... Surplus ................... Undivided profits ............ Reserves for eontin&encies .......
Total Liabilities .........

s 851,622.28 1,019,430.22 5,551.81
196,230.94 None
24,446.88
None None None
None None 28,952.05 None None 50,000.00 150,000.00 56,361.05 None
s 2,382,595.23

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF TEMPLE Temple (CarroU), Ga. As called for by the Superintendent of Banks

MRS. C.R. HART, President. Date of Charter: 11-25-1946
ASSETS
Cash, balances with other banks, and cash items in process of coDection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... Ob~l!ons of States and political sub-
diviSions ............... Other securities including corporate
stocks ..................... Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseD . Other loans ........... Bank premises, furniture and fixtures,
and other assets representing bank premises .................... . Real estate owned other than bank premises .......... Customer's liability to this bank on acceptances outstanding ..... Other assets ...............
Total Assets ............

127,920.26 111,000.00 104,600.00
5,236.35
None None
None 317,881.33
5,497.76 None
None 8.00
s 672,143.70

L.G. LYELL, Cashier.
Began Business: 7-1-1947

LIABILITIES
Demand deposits .......... Time and savings deposits ...... Deposits of U.S. Government ..... Dep!'~!S of States and political sub-
divisions ............. Deposits of banks .......... Certif10d and offiCers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for borrowed money . Mortgage indebtedness ..... Aoceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans .......... Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............ Surplus ................ Undivided profits ........... Reserves for contingencies .......
Total Liabilities ...............

s 472,378.15 39,000.00 None
24,576.28 None None
None None None
None 5,136.65 7,643.94
None None 25,000.00 75,000.00 23,408.68 None
s 672,143.70

FIFTIETH ANNUAL REPORT

153

STATEMENT Showing condition at the close of business DeceJ;Ilber 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. TreasUJ:y securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t.ions of States and political sul>-
divtSions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and flXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 421,594.21 515,007.69 75,000.00 153,550.33 None None
1,400,000.00 2,235,446.60
239,714.05 None None
26,804.75
5,067,117.63

CHARLES V. SMITH, Cashier.
Began Business: 4-1900

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!" of States and political sul>-
diYISions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ..................... .. Undivided profits .............. . ReseJVes for contingencies ........ .
Total Liabilities ................ .

$ 1,681,846.00 2,439,814.52 42,711.54
396,668.95 None
2,319.68
None None None
None None 53,672.78 None None 200,000.00 200,000.00 50,084.16 None
5,067,117.63

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF UPSON Thomaston (Upson), Ga. As called for by the Superintendent of Banks

ROBERT P. CRAVEY,
President. Date of Charter: 6-23-1951
ASSETS
Cash, balances with oU1er banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sul>-
diYtSions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . OUter loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned oU1er than bank premises ................... . Customer's Hability to Ulis bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 726,498.93 2,177,721.37 200,000.00 1,523,278.83 None None None 4,064,079.50
168,747.17 None None
5,663.26
8,865,989.06

H.D. STOREY, JR., Cashier.
Began Business: 10-1-1951

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp_o~ts of States and political sul>-
diYISIOns ................... . Deposits of banks .............. CertiriCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on sccurities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

$ 3,092,289.33 4,284,895.06 61,811.76
483,862.29 49,835.13 5,647.82
None None None
None 32,785.03 175,449.74
None None 270,000.00 300,000.00 109,412.90 None
$ 8,865,989.06

154

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
divisions .......... Other securities includlna corporate
stocks ................ Trading account securities ........ Federal funds sold and securities pur
chased under agn:ements to reseU Other loans .................. Bank premises, furniture and fvttures,
and other assets representing bank premises ............. Real estate owned other than bsnk premises .... Customer's liability to this bank on acceptanc:es outstandlna ..... Other assets ................... .
Total Assets ..............

2,644,461.87 978,143.97
None
3,442,083.58
15,525.00 None
None 14,314,272.57
102,479.25 29,469.73 None 98,621.79
s 21,625,057.76

JACK B. HUTCHINSON,
Cashier. Began Business: 2-28-1930

LIABILITIES
Demand deposits ............. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep?~!' of States and political sub-
divisions ............... Deposits of banks ............ Certified and ofncers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money Mortpge indebtedness ......... Aa:eptanccs executed by or for accou~l o.f.ll_lis blnk and outstanding. Other liabilities .............. Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ... Common stock .............. Surplus ................ Undivided profits ............. Reserves for contingencies .......
Total Liabilities ........

$ 7,735,367.36 9,143,805.68 64,731.77
1,488,994.87 1,000,000.00
13,636.63
None None None
None 360,441.82 313,119.12
87,888.63 None
400,000.00 400,000.00 367,071.88 250,000.00
s 21,625,057.76

STATEMENT Showing condition at the close of business December 31, 1969, of THE CITIZENS & SOUTHERN BANK OF THOMAS COUNTY
Thomasville (Thomas), Ga. As called for by the Superintendent of Banks

CLIFFORD S. CAMPBELL, JR., President. Date of Charter: 2-3-1937

ASSETS
Cash, balances with other blnks, and cash items in process of collection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... Obli_s;!~ons of States and political sub-
divisions .........
Other securities includlna corporate stocks ..............
Trading account securities ...... Federal funds sold and securities pur
chased under agn:ements to reseU Other loans .............. Bank premises, furniture and fiXtures,
and other assets representing bank premises ....... Real estate owned other than bank premises .... ,. ....... Customer's liability to this bank on
acceptances outstandina ... Other assets .......

$ 1,641,892.81 1,868,164.24
850,031.60
1,852,945.16
None None
None 12,506,475.47
363,030.89
34,145.60
None 140,916.70

Total Assets .......

s 19,257,602.47

GENE F. WALKER, Cashier.
Began Business 2-15-1937

LIABILITIES
Demand deposits .......... Tune and savings deposits ...... Deposits of U.S. Government .. ~~!' of States and politieal sub-
divisions ................ Deposits of banks .......... CertifJed and omcers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............... Other Uabilitics for borrowed money . Mortpge indebtedness .......
Aa:eptances executed by or for ac-
count of this bank and outstandlna. Other liabilities ............. Reserves on loans .......... Re10rves on securities ........... . Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits .............. . Re10rves for contingencies ....
Total Liabilities ............... ..

s 7,761,354.70 6,929,258.07 140,909.32
1,650,861.49 167,353.74 47,938.23
None None None
None 1,161,854.83
260,456.38 None None
360,000.00 650,000.00 118,136.26
9,479.45
s 19,257,602.47

FIFTIETH ANNUAL REPORT

155

STATEMENT Showing condition at the close of business December 31, 1969, of
COMMERCIAL BANK Thomasville (Thomas), Ga. As called for by the Superintenent of Banks

W.l. MILLER,
President. Date of Charter: 7-3-1916
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t.ions of States and political sub-
divJSJons .............. Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fixtures,
and oU1er assets representing bank premises ................... . Real estate owned oU1er than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

$ 3,159,527.29 3,649,593.00 None 1,752,177.70 None None None 10,034,780.57
375,536.08 3,092.40 None
194,561.22
$ 19,169,268.26

A.F. KIMBROUGH, Cashier.
Began Business: 7-22-1916

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diVlsaons ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 7,970,339.69 7,311,817.14 318,361.50
1,388,507.77 40,671.17 319,168.59
None None None
None 428,631.73 228,932.37
None None 400,000.00 600,000.00 162,838.30 None
$ 19,169,268.26

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with oU1er banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
dJVISJons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . OU1er loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

1,340,949.90 748,496.16 242,609.38
1,469,849.65 None None
750,000.00 5,593,106.54
195,052.36 None None
2,635.34
$ 10,342,699.33

W.F. BECKUM, JR., Cashier.
Began Business: 1891

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
diVlSlons ................... . Deposits of banks .............. . Certified and ofncers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 4,335,120.03 4,014,990.05 90,018.96
526,028.03 None
20,588.62
None None 34,023.91
None 421,260.13
91,134.83 None None
187,500.00 337,500.00 283,323.43
1,211.34
$ 10,342,699.33

156

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business Decmeber 31, 1969, of
THE BANK OF TIFTON Tifton (Tift), Ga.
As called for by the Superintendent of Banks

JOHN E. PARKERSON, President. Date of Charter: 1Q-1 Q-1891
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasou:y securities ......... Securities of other U.S. Government
agencies and corporations ...... Ob~t!ons of States and political sub-
dmsions ............... Other securities including corporate
stocks ................... Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseD . Other loans ............. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................. Real estate owned other than bank premises ........ Customer's liability to this bank on acceptances outstanding ....... Other assets ..............
Total Assets ..............

2,446,408.54 1,900,039.09
200,000.00 2,537,892.57
17,100.00 None None
13,350,795.47
389,600.25 None None
23D,485.12
$ 21,072,321.04

F. BRIDLE, Cashier.
Began Business: 1896

LIABILITIES
Demand deposits ............... Time and sarifliS deposits ........ . Deposits of U.S. Government ..... Dep!'~!S of States and political sub-
diVISions .................. Deposits of banks ............. Certif.oed and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .......... Other liabilities for borrowed money . Mortgage indebtedness .........
Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures .... Common stock ............... Surplus ..................... Undivided profits ........... Reserves for contingencies .......
Total Liabilities .............

7,771,431.55 7,357,238.12
272,581.69
1,599,767.94 564,338.18 90,553.46
None None None
None 1.400.962.75
276,741.22 148,437.29
None 500,000.00 600,000.00 390,268.84 100.000.00
21,072,321.04

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUeclion .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Ob~t!ons of States and political sub-
dmsions ................... . Other securities including corporate
stocks .................. Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .............. Bank premises, furniture and fiXtures,
and other assets representing bank premises ............... Real estate owned other than bank premises .... , ......... Customer's tiability to this bank on acceplances outstanding ...... Other assets .............
Total Assets ...............

$ 1,377,494.78 785,035.00 100,000.00 953,557.65 None None None
6,421,908.27
240,424.18 43,744.00 56,350.00 None
$ 9,978,513.88

C. CLARK DICKENS, Cashier.
Began Business: 4-15-1948

LIABILmES
Demand deposits .............. Time and sarinp deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ............... Deposits of banks ............ Certified and ofr~cers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ..........
Acceptances executed by or for ac-
count of this bank and outstanding. Other liabilities ............. Reserves on loans ............ Reserves on securities ........... . Capital Notes and debentures ..... . Common stock .............. Surplus .................. Undivided profits ............ Reserves for contingencies ........ .
Total Liabilities ................

$ 3,959,714.49 3,164,301.70 97,266.99
1,228,022.01 2,668.88
62,130.46
None 200,000.00
None
56,350.00 415,007.74 143,004.59
None None 225,000.00 275,000.00 130,047.02 20,000.00
$ 9,978,513.88

FIFTIETH ANNUAL REPORT

157

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Governntent
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ........... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ........... Bank premises. furniture and flXtures,
and oU1er assets representing bank premises ................... . Real estate owned oU1er Ulan bank premises ................... . Customcr"s liability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets .................

1,620,978.92 2,528,211.23
599,837.30 1,003,708.80
None None None 7,789,409.35
306,064.91 None None
40,786.33
$ 13,888,996.84

LYNWOOD DENHAM, Cashier.
Began Business: 2-24-1937

LIABILITIES
Demand deposits ............. Time and savings deposits ........ . Deposits of U.S. Governntent ..... Dep~~~ of States and political sub-
diVJSIOns ...........
Deposits of banks ........ Certified and officers" checks etc. Federal funds purchased and securities
sold under agreements to repurchase ......... OU1er liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for ac count of this bank and outstanding. OU1er liabilities ............. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ... Common stock ........... Surplus .................. Undivided profits .......... Reserves for contingencies ........ .
Total Liabilities ...........

4,301,599. 70 5,567,413.96
79,009.80
2,282,150.85 14,209.82 49,986.68
None None None
None 249,413.70 177.136.00
None None 300,000.00 500,000.00 368,076.33 None
13,888,996.84

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF TIGNALL Tignall (Wilkes), Ga.
As called for by the Superintendent of Banks

L.D. WARE, President. Date of Charter: 7-5-1909
ASSETS
Cash, balances wiU1 other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Governntent
agencies and corporations ..... 0 Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to rcscU . OU1er loans ................. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets ................
Total Assets .................

$ 156,726.33 558,714.00 None None None None None 18,985.00
1.00 None None None
$ 734,426.33

L.D. WARE, Cashier.
Began Business: 8-1-1909

LIABILITIES
Demand deposits .......... Time and savings deposits ....... Deposits of U.S. Government .... Dcp~~~s of States and political sub-
diVISions ................... . Deposits of banks ......... Certiftcd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ac count of this bank and outstanding. Other liabilities .............. Reserves on loans .............. . Reserves on securities ........... o Capital Notes and debentures ..... . Common stock ................ Surplus ..................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................

581,266.20 3,000.00 345.00
53,665.13 None None
None None None
None 6,900.00
None None None 25,000.00 15,000.00 21,750.00 27,500.00
734,426.33

158

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
mE BANK OF TOCCOA Toccoa (Stephens), Ga.
As called for by the Superintendent of Banks

WM. C. CLARY, JR., President. Date of Charter: 8-1 0-1911
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ..... Ob~!ons of States and political sub-
clmsions ........... Other securities including corporate
stocks ..................... . Trading Ocount securities ... Federal funds sold and securities pur-
chased under apcements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representin& bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on OCeptances outstanding .... Other assets ............
Total Assets ..............

$ 1,442,357.91 1,172,460.00 749,743.76 2,148,593.00 9,000.00 None 1,200,000.00 5,999,854.96
226,947.01 None None
6,475.00
$ 12,955,431.64

RAYMOND A. NEAL, Cashier.
Began Business: 9-1-1911

LIABILITIES
Demand deposits ............. Tune and savings deposits ..... Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diYUions ............... Deposits of banks ......... Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ............ Reserves on loans ........... Reserves on securities ......... Capital Notes and debentures ... Common stock ................ . Surplus ........... Undivided profits ........ Reserves for contingencies .......
Total Liabilities ............

$ 3,682,765.87 5,747,738.86 105,395.45
1,485,463.94 636,132.18 54,630.93
None None 57,884.91
None 104,476.24 326,131.22
None None 200,000.00 300,000.00 74,812.04 180,000.00
$ 12,955,431.64

STATEMENT Showing condition at the close of business December 31, 1969, of
mE CITIZENS BANK Toccoa (Stephens), Ga. As called for by the Superintendent of Banks

WALLACE B. BRUCE, President. Date of Charter: 5-25-1950
ASSETS
Cash, balances with other banks, and cash items In process of coUection
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ... Ob~'!ons of States and political sub-
diviSions .......... Other securities including corporate
stocks .................. Trading account securities ..... Federal funds sold and securities pur-
chased under apcements to reseU . Other loans .......... Bank premises, furniture and fiXtures,
and other assets representing bank premises ........ Real estate owned other than bank premises ................... Customer's liability to this bank on acoeptances outstanding .... Other assets ................... .
Total Assets ...............

$ 1,833,237.54 1,446,640.24 350,050.00 2,136,797.72 None None 1,300,000.00 5,809,913.36
179,168.08 None None
9,425.91
13,065,232.85

HENRY B. HAYES, Cashier.
Began Business: 3-16-1951

LIABILITIES
Demand deposits ........ Time and savings deposits ....... Deposits of U.S. Government ... Dep~~~ of States and political sub-
divistons ............ Deposits of banks ............. CertifJOd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabilities for borrowed money . Mortgage indebtedness ....... Acx:eptances executed by or for ..,. count of this bank and outstanding. Other liabilities ............. Reserves on loans .......... Rea:rves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus .................... Undivided profits .............. Reserves for contingencies .......
Total Liabilities .............

$ 4,730,176.34 4,924,093.88 267,052.62
1,842,679.23 None
95,519.45
None None None
None 155,134.09 184,114.17
None None 150,000.00 425,000.00 60,463.07 231,000.00
$ 13,065,232.85

FIFTIETH ANNUAL REPORT

159

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans ................... . Bank premises, furniture and ri.Xtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

515,647.74 748,895.05 210,000.00 222,811.85
None None None 2,830,106.00
35,000.18 None None None
$ 4,562,460.82

MRS. VALERIA K. NETHERY, Cashier.
Began Business: 1-12-1956

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
divtSlons ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,337,276.14 2,240,729.66
43,874.25
484,570.59 None
30,320.10
None None None
None 121,354.78
29,666.78 None None
50,000.00 75,000.00 149,668.52
None
4,562,460.82

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.B'!l!ons of States and political sub-
drvlstons ................... . Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and rLXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 1,536,263.04 1,587,218.77 None 3,879,410.02 18,000.00 None None 13,440,252.81
300,313.66 None None
161,567.88
$ 20,923,026.18

RAY F. BRIDGES, Cashier.
Began Business: 12-1919

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!s of States and political sub-
divtSJons .................. .. Deposits of banks .............. . Certified and offiCers' cheeks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

9,070,365.84 7,915,943.62
329,841.35
518,647.50 None
161,419.29
None None None
None 1,007 ,163. 73
261,043.45 None
400,000.00 330,000.00 474,000.00 218,726.48 235,874.92
20,923,026.18

160

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items In process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Ob~!ons of States and political sub-
divisions ................ Other securities Including corporate
stocks .................. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU Other loans .................. Bank premises, furniture and r,.tures,
and other assets representing bank premises .............. Real estate owned other than bank premises ................... . Customer's lisbility to this bank on acceptances outstanding ...... Other assets .............
Total Assets ................

$ 588,632.51 591,899.25 75,000.00 558,563.64 None None 400,000.00
2,254,681.77
75,111.12 None None
1,203.52
$ 4,551,091.81

F.D. DURDEN,
Cashier. Began Business: 7-5-1935

LIABILmES
Demand deposits ........... Tune and savings deposits ........ Deposits of U.S. Government ..... Dcp~~~ of States and political sub-
diVISions ................ Deposits of banks ........... Certified and omcers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .......... Other lisbilities for borrowed money . Mortp&e indebtedness ......... Acceptances executed by or for aocoun_t o~_tJ_tis bank and outstanding. Other lisbilities ........... Reserves on loans ............. Reserves on securities ......... Capital Notes and debentures .... Common stock .......... Surplus ............. Undivided profits ........... Reserves for contingencies .......
Total Liabilities .........

$ 1,472,947.47 2,152,086.26 25,450.40
449,938.02 121,406.86
19,633.94
None None None
None 6,000.00 14,603.47
None None 50,000.00 125,000.00 89,025.39 25,000.00
4,551,091.81

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................. Other securities including corporate
stocks ................... Trading account securities ........ Fcdcrai funds sold and securities pur-
chased under agreements to reseU . Other loans ................... Bank premises, furniture and rJXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances ou!standing ....... Other assets ..................
Total Assets .................

$ 473,013.61 510,517.72 250,000.00 410,843.76 None None 150,000.00
1,821,398.97
14,063.81 None None None
$ 3,629,837.87

JIMMIE J. RYALS, Cashier.
Began Business: 4-22-1935

LIABILITIES
Demand deposits ............. Time and savings deposits ....... Deposits of U.S. Government ..... . Dcp~~~ of States and political sub-
divisions ................. Deposits of banks ............ Certirsed and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other lisbilities for borrowed money . Mortp&e indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other lisbilities ............... Reserves on loans .............. Rc.:rves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus .................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

$ 1,884,898.69 1,142,777.23 13,122.96
158,368.95 None
51,152.91
None None None
None 54,540.81 45,151.34
None None 150,000.00 125,000.00 4,224.92 None
$ 3,629,837.87

FIFTIETH ANNUAL REPORT

161

STATEMENT Showing condition at the close of business December 31, 1969, of
BANK OF UNION POINT Union Point (Greene), Ga. As called for by the Superintendent of Banks

RALPH L. RHODES, President. Date of Charter: 5-1 5-1911
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~t!ons of States and political sub-
divwons ................... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 302,673.59 957,121.19 None 157,718.91 None None None
1,429,418.00
39,198.00 None None None
$ 2,886,129.69

WM. LARRY MAULDIN, Cashier.
Began Business: 5-1911

LIABILITIES
Demand deposits ............... . Time and saYings deposits ........ . Deposits of U.S. Government ..... . Dep!'~!' of States and political sub-
diYJSions ................... . Deposits of banks .............. . CertifiCd and officers' ehecks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

$ 694,238.84 1,523,657.71 50,628.14
316,096.30 None
6,791.21
None None None
None 6,000.00 24,516.03
None None 50,000.00 150,000.00 64,201.46 None
2,886,129.69

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~~ons of States and political sub-
dJYtSlons .................. .. Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and fiXtures,
and otiter assets representing bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances ou !standing ....... . Other assets .................. ..
Total Assets ................... .

$ 698,801.89 1,063,762.35 1,521,677.75 10,000.00 None None 400,000.00 3,072,903.40
56,153.76 None None
2,976.84
6,826,275.99

REUBEN H. FLYNT, Cashier.
Began Business: 9-6-1911

LIABILITIES
Demand deposits ............... . Time and saYings deposits ........ Deposits of U.S. Government ..... Dep_o~~s of States and political sub-
diVJsaons ................... . Deposits of banks .............. . Certlfted and offtcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,646,163.17 4,008,464.44 21,207.32
524,638.77 10,000.00 22,830.06
None None None
None None 157,148.24 747.65 None 100,000.00 250,000.00 85,076.34 None
6,826,275.99

162

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
BROGDON STATE BANK Uvalda (Montgom~ry ), Ga. As called for by the Superintendent of Banks

J. MILTON BROGDON, President. Date of Charter: 5-2-1966
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and political sub-
divisions ............. Other securities including corporate
stocks ............. Trading account securities ..... Federal funds sold and securities pur-
chased under ap-cements to reseU Other loans ............. Bank premises, furniture and fixtures,
and other assets representing bank premises ............... Real estate owned other than bank premises ............. Customer's liability to this bank on acceptances outstanding ..... Other assets ............
Total Assets .............

s 97,190.98 86,395.30 None None None None 125,000.00 406,308.82
10,916.90 None None None
s 725,812.00

MRS. J. MILTON BROGDON,
Cashier. Began Business: 5-16-1966

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
divisaons ................ Deposits of banks ............ CertifJCd and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for account of this bank and outstanding. Other liabilities .............. Reserves on loans .......... Reserves on securities ......... Capital Notes and debentures .... Common stock ............. Surplus ................ Undivided profits ...... Reserves for contingencies .......
Total Liabilities ...........

s 374,246.24 159,009.84 None
63,000.00 None None
None None 3,324.54
None None 9,751.41 None None 50,000.00 50,000.00 16,479.97 None
s 725,812.00

STATEMENT Showing condition at the close of business December 31, 1969, of
FIRST STATE BANK Valdosta (Lowndes), Ga. As called for by the Superintendent of Banks

REA STEELE, President. Date of Charter: 1-22-1906
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations .... ObJi,BI!'!ons of States and political sub-
divisions ........ Other securities including corporate
stocks ......... Trading account securities ...... Federal funds sold and securities pur-
chased under ap-cements to resell Other loans ............ Bank premises, furniture and fixtures,
and other assets representing bank premises ......... Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ..... Other assets ............
Total Assets ...........

s 2,131,132.48 979,221.30 899,800.00 1,329,424.83 None None 800,000.00 6,017,623.14
214,553.75 39,400.00 None None
s 12,411,155.50

BRUCE WILLIAMS, Cashier.
Began Business: 3-1906

LIABILITIES
Demand deposits ............. Time and savings deposits ...... Deposits of U.S. Government ..... . Dep!"~~ of States and political sub-
diVISIOns ................ Deposits of banks ........... Certified and offJeers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase .......... Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities .......... Reserves on loans .......... Rcaenes on securities ........... . Capital Notes and debentures ... Common stock ............. Surplus .............. Undivided profits ......... Resetves for continaencies ........
Total Liabilities ...........

s 4,604,402.73 3,841,364.40 186,606.66
2,523,141.96 108,891.45 85,347.20
None None None
None 149,255.05 211,414.33
None None 225,000.00 450,000.00 25,731.72 None
s 12,411,155.50

FIFTIETH ANNUAL REPORT

163

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liabitity to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

711,872.64 1,352,901.13
775,000.00 24,210.41 None None None
2,376,009.04
63,705.80 None None None
$ 5,303,699.02

MISS LIZZIE GUIN, Cashier.
Began Business: I 0-14-1965

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sul>-
divtSlons ................... Deposits of banks .............. . CertifJCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabitities ................ Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabitities ................ .

2,819,682.27 1,436,351.02
126,762.83
159,297.39 146,342.95
7,542.48
None None 33,200.00
None 59,104.65 26,052.46
None None 100,000.00 200,000.00 189,362.97 None
$ 5,303,699.02

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~f!ons of States and political sul>-
dJVtSJons ................... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ....... , ........... . Customer's liabitity to Utis bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 758,233.14 99,050.00
924,750.00 971,348.32
None None 400,000.00 3,039,893.23
18,552.46 None None None
$ 6,211,827.15

JACK C. WINDHAM, Cashier.
Began Business: 7-1-1934

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~s of States and political sul>-
diVJSJons ........... Deposits of banks .............. . Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,428,709.30 1,896,912. 74 484,118.46
314,003.51 227,641.13
32,900.88
None None None
None 167,698.56
70,090.66 None None
200,000.00 200,000.00 189,751.91
None
6,211,827.15

164

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
cmzENSBANK Vienna (Dooly), Ga. As called for by the Superintendent of Banks

W.G. WILLIAMSON,
President. Date of Charter: 6-24-1931
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... . Ob~!ons of States and political sub-
divisions ...... Other securities including corporate
stocks .................. Trading account securities ..... Federal funds sold and securities pur-
chased under agreements to reseD . Other loans ............... Bank premises, furniture and fiXtures,
and other assets representing bank premises ............... Real estate owned other than bank premises .................. Customer's liability to this bank on acceptances outstanding ....... Other assets ..............
Total Assets ................... .

$ 465,918.60 794,578.55 897,968.75 210,644.80 None None
300,000.00 2,034,268.98
7,107.94 None None None
4,710,487.62

A.J. JARVIS, Cashier.
Began Business: 7-1-1931

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diVISIOns ....... Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. Reserves on securities ........... . Capital Notes and debentures ..... Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........
Total Liabilities ................ .

2,267,491.42 1,235,340.21
5,140.07
692,083.84 None
15,163.95
None None None
None None 39,927.94 None None 50,000.00 150,000.00 255,340.19 None
$ 4,710,487.62

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . O~l!ons of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets ................... .

625,313.34 997,846.87 620,571.88 653,035.23
None None None 3,045,781.84
25,000.00 None None
10,784.54
$ 5,978,333.70

SAM C. ANDERS, Cashier.
Began Business: 5- I899

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. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans ............. .. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ..............

$ 2,358,812.69 2,484,383.49 91,722.08
457,126.19 None
26,783.60
None None None
None 54,717.71 54,342.04
None 100,000.00 100,000.00 200,000.00 100,445.90 50,000.00
$ 5,978,333.70 '

FIFTIETH ANNUAL REPORT

165

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
diVISIOns , , , , .. , , , , . , .. ,
Other securities including corporate stocks ..................... .
Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and r1Xtures,
and oll1er assets representing bank premises ................... . Real estate owned oll1er ll1an bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Oll1er assets ................... .
Total Assets ...................

$ 238,559.95 580,882.51 39,038.69 458,425.04 None None 300,000.00
1,189,442.49
30,623.49 None None
7,160.66
$ 2,844,132.83

P.G. EDENFIELD, JR., Cashier.
Began Business: 1-1902

LlABILlTIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diVISIOns . , , . , .. , , , .... , , , , Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Otl1er liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

1,053,005.10 1,193,742.36
41,505.14
181,366.03 None
24,723.91
None None None
None 22,750.00 42,483.55
None None 75,000.00 65,000.00 104,556.74 40,000.00
2,844,132.83

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances will1 other banks, and cash items in process of coUection .
U.S. Treasury securities .... ...... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~'!ons of States and political sub-
diVISions ............. Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and nxtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ....... , ........... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ...................

1,318,662.97 527,460.94
150,000.00
1,410,585.83
None None
None 8,293,035.50
63,181.56
None
None 66,007.68

Total Assets ................... .

$ 11,828,934.48

JAS. S. FARR, Cashier.
Began Business: 1-4-1957

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!s of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certined and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided pronts .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

5,684,303.04 3,277,553.14
82,151.94
970,389.98 75,000.00 21,141.93
None None None
None 693,464.98
85,629.81 None None
400,200.00 99,800.00
224,214.48 215,085.18
11,828,934.48

166

DEPARTMENT OF BANKING

.STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS STATE BANK Warner Robins (Houston), Ga. As called for by the Superintendent of Banks

LEER. HOOD,
President. DateofCharter: 12-13-1950
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities . Securities of other U.S. Government
agencies and corporations .... Ob~!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ............. Trading a<:count securities .. Federal funds sold and securities pur-
chased under apcements to reseD . Other loans ......... Bank premises, furniture and rJXtures,
and other assets represenlin& bank premises ............. Real estate owned other than bank premises .. Customer's liability to this bank on a<:ceptances outstanding ... Other assets .........
Total Assets ...........

$ 2,160,455.79 1,275,746.13 1,174,906.25
2,296,m.o3 None None
1,200,000.00 8,643,118.48
171,414.52 21,800.00 None 89,082.45
$ 17,033,520.65

T.J. CALHOUN, JR., Cashier.
Began Business: 1-2-195 I

LIABILITIES
Demand deposits ............ Time and savings deposits ....... Deposits of U.S. Government ..... . Dep!'~!S of States and political sub-
divisions ....... Deposits of banks .............. Certilled and ofncers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other liabilities for borrowed money . Mortga&e indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans ............ Reserves on securities ........ Capital Notes and debentures .... Common stock ............ Surplus ................. Undivided profits ........ Reserves for contingencies ......
Total Liabilities ..........

$ 6,979,684.64 5,897,049.71 393,671.13
1,494,376.81 None
10.989.36
None None None
None 868,445.33 135,560.26
None None 405,000.00 350,000.00 498,743.41 None
$ 17,033,520.65

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS BANK Warrenton( Warren), Ga. As called for by the Superintendent of Banks

HAL D. BEMAN, President. Date of Charter: 4-14-1902
ASSETS
Cash, balances with otber banks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ... O~'!ons of States and political sub-
dwwons .............. Other securities including corporate
stocks ............... Trading a<:count securities ...... Federal funds sold and securities pur-
chased under apcements to reseU Other loans ............... Bank premises, furniture and fixtures,
and other assets represenlin& bank premises ........ Real estate owned other than bank premises ................... Customer's Hability to this bank on acceptances outstanding .... Other assets ............
Total Assets .............

556,524.70 1,234,485.00
1,597.15 581,212.01
None None 600,000.00 2,342,150.70
135,804.27 None None
63,829.76
$ 5,515,603.59

JULIAN W. JACKSON, Cashier.
Began Business: 4-1902

LIABILITIES
Demand deposits ............. Time and savings deposits ..... Deposits of U.S. Government ..... Dep!'~!" of States and po6tical sub-
dMuons ................ Deposits of banks ........... Certified and omcers checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabiHties for borrowed money . Mortga&e indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans.............. Reserves on secunties .......... Capital Notes and debentures ..... Common stock ............. Surplus ............... Undivided profits .......... Reserves for contingencies ........
Total Liabilities ..............

$ 1,801,548.44 2,265,450.36 109,203.84
639,436.66 None
14,932.37
None None None
None 99,560-93 12,059.33
None None 200,000.00 100,000.00 266,369.59 7,042.07
$ 5,515,603.59

FIFTIETH ANNUAL REPORT

167

STATEMENT Showing condition at the close of business December 31, 1'969, of
FARMERS AND MERCHANTS BANK Washington (Wilkes), Ga.
As called for by the Superintendent of Banks

ROBERT M. DRINKARD,
President.
Date of Charter: 8-1 0-1949
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
agencies and corporations ...... . Ob~.ions of States and political sub-
diviSJons ................... Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ............. . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

659,550.49 1,077,031.12
250,058.60 862,917.91
None None
50,000.00 3,217,947.41
62,218.02 None None
3,991.04
6,183,714.59

GERALD 0. NORMAN, Cashier.
Began Business: 3-14-1950

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
diVISIOns ................... . Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,736,651.06 3,413,391.57 26,742.39
306,548.63 11,267.02 2,745.46
None None None
None 118,903.38 73.568.73
None None 150,000.00 250,000.00 87,396.35 6,500.00
6,183,714.59

STATEMENT Showing condition at the close of business December 31, 1969, of
WASHINGTON WAN AND BANKING COMPANY Washington (Wilkes), Ga.
As called for by the Superintendent of Banks

F.W. THOMAS,
President.
Date of Charter: 9-7-1891
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~f!ons of States and political sub-
diviSIOns ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................. Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ...................

$ 1,188,394.85 2,359,239. 74 None 720,215.31 None None
800,000.00 6,774,323.17
143,967.92 None None None
$ 11,986,140.99

FRANK W. THOMAS, JR., Cashier.
Began Business: 5-1-1895

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... Dep~~~s of States and political sub-
diVISions ................... . Deposits of banks .............. Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances eecuted by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided pronts .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,826,846.11 5,525,481.64 117,693.87
1,124,989.54 123,829.68 25,496.92
None None None
None 125,687.63 128,357.97
None 200,000.00 200,000.00 400,000.00 137,174.63 49,983.00
$ 11,986,140.99

.168

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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 :
ASSETS
Cash, balances with other banks, and cash items in process of collection
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ..... O~t!ons of States and political sub-
divisions ........... Other securities including corporate
stocks ........... Trading account securities .... Federal funds sold and securities pur-
chased under apeements to reseU . Other loans .......... Bank premises, furniture and fixtures,
and other assets representing bank premises ............ Real estate owned other than bsnk premises . Customer's liability to this bsnk on acceptances outstanding .. Other assets ................... .
Total Assets ..........

$ 359,108.96 136,213.44 100,000.00 173,510.51 None None 500,000.00
1,822,488.50
142,997.56 None
None 817.68
$ 3,235,136.65

H.H. WELLS, Cashier.
Began Business: 2-1-1960

LIABILmES
Demand deposits .............. Time and savings deposits ...... Deposits of U.S. Government ... Dep?~!" of States and political sub-
divisions ................... . Deposits of bsnks ......... Certified and offiCers' checks etc. ... Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for bonowed money . Mortsage indebtedness .........
Acceptances executed by or for ao-
cou~t of_~is bonk and outstanding. Other liabilities ............. Re~s on loans ....... Reserves on securities ......... Capital Notes and debentures ..... Common stock ........ Surplus ............. Undivided profits ...... Reserves for contingencies ........
Total Liabilities ............

$ 1,537,415.14 974,395.58 17,414.15
173,500.00 None
14,257.13
None 12,000.00
None
None 15,125.00
8,625.71 None None
300,000.00 75,eoo.oo 107,403.94
None
$ 3,235,136.65

STATEMENT Showing condition at the close of business December 31, 1969, of
COMMERCIAL BANK Waycross (Ware), Ga. As called for by the Superintendent of Banks

J.M. NORMAN, President. Date of Charter: 10-15-1918
ASSETS
Cash, balances with other bsnks, and cash items in process of coUection
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ... O~t!ons of States and political sub-
divisions ............... Other securities including corporate
stocks .............. Trading account securities ....... Federal funds sold and securities pur-
chased under apeements to reseU Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bsnk premises ............ Real estate owned other than bsnk premises ......... Customer's liability to this bank on acceptances outstanding .... Other assets ..........
Total Assets ........

$ 2,539,519.24 3,564,501.08 500,000.00 594,645.59 10,000.00 None 800,000.00 2,792,570.11
172,573.20 None None None
$ 10,973,815.22

P.E.PENN, Cashier.
Began Business: 10-30-1918

LIABILITIES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ... Dep?~!s of States and political sub-
diviuons .............. Deposits of bsnks ........ Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for bonowed money . Mortsage indebtedness ........
Acceptances executed by or for ao-
count of this bsnk and outstanding. Other liabilities ............ Re~s on loans .......... Reserves on securities .......... Capital Notes and debentures ..... Common stock ..... Surplus .................. Undivided profits ............. Reserves for contingencies .......
Total Liabilities ............

$ 6,107,450.25 2,526,952.20 182,304.63
838,850.83 None
57,442.26
None None None
None 168,277.63
58,178.58 158,909.13
None 200,000.00 400,000.00 100,000.00 175,449.71
$ 10,973,815.22

FIFTIETH ANNUAL REPORT

169

STATEMENT Showing condition at the close of business December 31, 1969, of
SOUTHERN BANK Waycross (Ware), Ga. As called for by the Superintendent of Banks

RALPH HERRIN, President. Date of Charter: S-22-1956
ASSETS
Cash. balances with other banks, and cash items in process of collection .
U.S. Treasury securities ......... Securities of other U.S. Government
agencies and corporations ...... . Ob~t!ons of States and political sub-
diVISions .... Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseD . Other loans ................... Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ..................
Total Assets ................... .

$ 1,378,653.15 709,223.63
1,011,114.12 1,388,241.02
None None None 3,S43,849.72
415,373.06 12,SOO.OO None 12,040.90
8,470,995.60

WILLIAM E. MITCHELL, Cashier.
Began Business: 6-11-1956

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... Dep~~!' of States and political sub-
diVISIOns ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures .... Common stock ............... Surplus ...................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 3,701,383.61 2,746,293.19 120,183.29
817,761.56 4,988.36 4,972.57
None None 160,S48.S2
None 163,889.83 66,488.06
35,106.85 None
175,000.00 400,000.00
74,379.76 None
$ 8,470,995.60

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of coDection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... Obli.~l!ons of States and political sub-
diVISions ................. Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseD . Other loans ................... . Bank premises, furniture and r1Xtures,
and other assets representing bank premises .................. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ouIslanding ....... . Other assets .................
Total Assets ................... .

1,171,157.28 809,450.79 2SO,OOO.OO 789,043.47 2S,OOO.OO None 150,000.00
7,S29,855.40
378,S50.86 None None
35,297.87
$ 11,138,355.67

MRS. MYRTIS L. LOVETT, Cashier.
Began Business: 1891

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp.o~!S of States and political sub-
diVISions ....... Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

3,823,871.03 4,763,180.66
186,976.63
596,532.62 10,057.08 66,517.63
None None 167,301.92
None 541,621.13 168,754.30
None None 200,000.00 400,000.00 213,542.67 None
$ 11,138,355.67

170

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ... Securities of other U.S. Govenunent
agencies and corporations .... Ob~'!ons of States and political sub-
c!Msions ......... Other securities includins corporate
stocks ........... Trading account securities .. Federal funds sold and securities pur-
chased under apeements to reseD Other loans ......... Bank premises, furniture and iJXtures,
and other assets representing bank premises ........ Real estate owned other than bank premises ... Customer's Uability to this bank on acceptances outstanding .. Other assets .......
Total Assets .......

s 245,653.86 49,970.00 None 180,000.00 None None 300,000.00 982,100.87
71,717.87 None None None
s 1,829,442.60

THOMAS L. WALKER, Cashier.
Began Business: 7-1-1965

LIABILITIES
Demand deposits ............. Tune and savings deposits ........ Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
divisions ............. Deposits of banks ........ Certiiled and officers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness ........
Acceptances executed by or for ao-
cou~t of_~is bsnk and outstanding. Other Uabilities .......... Reserves on loans ....... Resenes on securities ......... Capital Notes and debentures ... Common stock .............. Surplus ................. . Undivided profits ........ Resenes for contingencies ......
Total Liabilities ......

s 834,256.31 661,339.37 3,928.53
157,318.35 None
4,889.29
None None None
None 7,258.66 11.014.57
None None 50,000.00 80,000.00 19,437.52 None
s 1,829,442.60

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other bsnks, and cash items in process of collection
U.S. Treasury securities ..... Securities of other U.S. Govenunent
agencies and corporations ... O~'!ons of States and political sub-
divisions .......... Other securities includins corporate
stocks ........... Tradinll account securities ...... Federal funds sold and securities pur-
chased under apeements to reseD Other loans ...... Bank premises, furniture and iJXtures,
and other assets representing bank premises ........ Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding .. Other assets ....
Total Assets ..........

s 229,763.79 467,886.38 None 31,921.81 None None None 572,228.23
11),544.17 None None
4,419.33
s 1,316,673.71

MARGUERITE B. LODER, Cashier.
Began Business: 1-15-1952

LIABILmES
Demand deposits ....... Time and savings deposits ... Deposits of U.S. Govcnunent .... Dep_o~!' of States and political sub-
c!Msions ............... Deposits of bsnks ... CertiiJed and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ............ Other liabilities for borrowed money . Mortgage indebtedness .....
Aoceptances executed by or for ao-
count of this bank and outstandins. Other liabilities ........... Reserves on loans ...... Rcsenes on securities ...... Capital Notes and debentures ..... Common stock ......... Surplus ............. Undivided profits ......... ReseJVes for contingencies .......
Total Liabilities .............

s 546,873.37 575,144.68 8,039.40
87,802.73 None
2,309.95
None None None
None NorJC 2,612.97 NorJC None 30,000.00 35,000.00 27,390.61 1,500.00
s 1,316,673.71

FIFTIETH ANNUAL REPORT

171

STATEMENT Showing condition at the close of business December 31. 1969, of
BANK OF BARROW Winder (Barrow), Ga. As called for by the Superintendent of Banks

JAMES HARRISON,
President. Date of Charter: 3-12-1951
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations .... : .. Ob~t!ons of States and poUtical sub-
divwons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's Uability to this bank on acceptances outstanding ....... . Otherassets .................. ..
Total Assets ...................

1,852,624.93 1,054,739.46
600,000.00 1,184,818.20
None None 900,000.00 4,824,660.36
78,868.96 None None
47,167.84
$ 10,542,879.75

L.P. HIX, Cashier.
Began Business: 3-17-1951

LIABILITIES
Demand deposits ............... . Time and savinp deposits ........ . Deposits of U.S. Government ..... . Dep?~~ of States and political sub-
diVISIOns ................... . Deposits of banks .............. . CertifiCd and officers' checks etc. .. Federal funds purchased and secwities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 5,304,705.81 3,037,896.80 189,406.84
874,510.89 None
38,301.12
None None None
None 227,949.70 104,793.28
None None 250,000.00 250,000.00 265,315.31 None
$ 10,542,879.75

STATEMENT Showing condition at the close of business December 31, 1969, of
THE PEOPLES BANK Winder (Barrow), Ga. As called for by the Superintendent of Banks

C.O. MADDOX, JR., President. Date of Charter: I0..29-1926
ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~'!ons of States and political sub-
dJVtSions ................... Other secwities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to tltis bank on acceptances outstanding ...... Other assets .................. ..
Total Assets ................... .

$ 987,748.59 945,023.61 700,041.00
1,145,321.87 None None
1,200,000.00 3,618,517.63
240,681.90
None None None
$ 8,837,334.60

J.B. LANGFORD, Cashier.
Began Business: 1()..3().1926

LIABILITIES
Demand deposits .............. .. Time and savinp deposits ........ . Deposits of U.S. Government ..... Dep_o~~s of States and political sub-
diviSions ................... Deposits of banks .............. . Certifted and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total LiabUities ................

4,454,460.09 2,630,225.68
124,523.70
598,494.23 None
27,728.73
None None 82,000.00
None 308,832.92
50,805.76 None None
125,000.00 150,000.00
25,000.00 260,263.49
$ 8,837,334.60

172

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THECAMDENCOUNTYSTATEBANK Woodbine (Camden), Ga.
As called for by the Superintendent of Banks

J.C. NEWTON, President. Date of Charter: 6-24-1947
ASSETS
Cash, balances with other banks, and cash items in process of collection
~~~~ :'ii~: ~~e~i agencies and corporations .... Ob~t!ons of States and political sub-
divisions ................ Other securities including corporate
stocks ............. Trading account securities .... Federal funds sold and securities pur-
chased under agreements to reseD Other loans ............ Bank premises, furniture and rJXtures,
and other assets representing bank premises ....... Real estate owned other than bank premises . Customer's lisbility to this bank on """"ptances outstanding .... Other assets ...........
Total Assets ........

$ 313,789.20 180,000.00 525,150.00 None None None 500,000.00 640,432.76
6,293.59 None None None
$ 2,165,665.55

E.F. PARKER, Cashier.
Began Business: 1-2-1948

LIABILITIES
Demand deposits ............... Time and savinp deposits ........ Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
divisions ............ Deposits of banks Cerlined and ofrJCerS' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .... Other lisbilities for bonowed money . Mortpge indebtedness ..... Aoceptances executed by or for account of this bank and outstanding. Other liabilities ........... Reserves on loans .. , ....... Reserves on securities ........... Capital Notes and debentures .... Common stock ......... Surplus .................. Undivided pronts ........... Reserves for contingencies .....
Total Liabilities .........

$ 560,330.51 920,857.13 3,835.93
428,970.94 None
17,524.40
None None None
None 27,144.37 11,594.59
None None 50,000.00 75,000.00 70,407.68 None
$ 2,165,665.55

STATEMENT
Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ........ Securities of other U.S. Government
l&"ncies and corporations . O~t!ons of States and political sub-
divisions .......... Other securities including corporate
stocks .............. Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseD Other loans .......... Bank premises, furniture and r1Xtures,
and other assets representing bank premises ........... Real estate owned other than bank premises ........ Customer's liability to this bank on """"ptances outstanding ..... Other assets ...............
Total Assets ...............

$ 397,989.10 263,906.73
1,080,239.17 212,386.88 None None 100,000.00
1,160,843.52
12,920.73 None None None
$ 3,228,286.13

KEN BARNES, Cashier.
Began Business: 9-29-1902

LIABILmES
Demand deposits ........... Time and savings deposits ........ Deposits of U.S. Government ..... Dep_o~!' of States and political sub-
divisions ............ Deposits of banks ........ CerlirJCd and ofrJcers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other lisbilities for borrowed money . Mortpge indebtedness ........ Aoceptances executed by or for account of this bank and outstanding. Other liabilities ............. Reserves on loans .......... Reserves on securities ......... Capital Notes and debentures .... Common stock .............. Surplus ............. Undivided profits ........... Reserves for contingencies .....
Total Liabilities .............

$ 1,113,762.46 1,505,359.10 19,000.00
176,000.00 None
3,047.70
None None None
None 52,731.64 41,369.69
None . None 50,000.00 100,000.00 157,015.54 10,000.00
$ 3,228,286.13

FIFTIETH ANNUAL REPORT

173

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~ll':'t!ons of States and political sul>-
divtSJons ................... . Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and fixtures,
and other assets representing bank premises ................... . Real estate owned oUter than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ................... .

143,354.81 210,500.00 75,000.00 43,000.00
None None None 107,835.40
337.00 None None
288.81
580,316.02

C.E. MILLER, Cashier.
Began Business: 11-25-1907

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dcp~~!S of States and politieal sul>-
d.ivtSions ........... Deposits of banks .............. . Certified and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingcnci'!s ........ .
Total Liabilities ................ .

338,165.61 13,217.03 11,254.40
118,872.33 None
1,769.97
None None None
None None 904.87 None None 25,000.00 45,000.00 26,131.81 None
580,316.02

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.ll':'~ons of States and political sul>-
dtviSJOns .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to resell . Other loans ................... . Bank premises, furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 205,583.60 627,745.70 423,531.26 675,621.44 None None None
1,822,447.83
48,535.37 None None
3,668.80
$ 3,807,133.94

MRS. SYLVIA B. EDWARDS, Cashier.
Began Business: 11-13-1905

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks .............. . Certir~ed and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 1,356,951.10 1,691,254.33 26,312.87
320,197.37 None
9,561.53
None None None
None 79,107.35 41,407.26
None None 100,000.00 140,000.00 42,342.13 None
3,807,133.94

174

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and political sub-
divisions .................. .. Other securities Including corporate
stocks ..................... . Trading account securities .... Federal funds sold and securities pur-
chased under agreements to reseD Other loans ................... . Bank premises, furniture and foxtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets ................... .

$ 263,101.45 514,640.50 None
1,150,590.49 None None None
1,653,159.78
24,659.57 None None None
$ 3,606,151.79

T.W. JOHNSON, JR., Cashier.
Began Business: 7-6-1964

LIABILITIES
Demand deposits .............. .. Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
divisions .................. .. Deposits of banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ........ Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ....
Total Liabilities ................ .

$ 1,114,286.43 1,107,175.65 44,724.10
1,032,657.08 None
7,620.00
None None None
Ncne 52,688.04 33,224.60
None None 50,000.00 100,000.00 63,775.89 None
$ 3,606,151.79

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with oU>er banks, and cash items in process of coUection
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations .... O~'!ons of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseD Other loans ................... . Bank premises, furniture and fixtures,
and oU>er assets representing bank premises .................. .. Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding .... Other assets ................... .
Total Assets .................. ..

$ 558,579.88 1,693,614.06 1,299,868.75 651,153.32 None None 200,000.00 2,242,282.37
52,000.00 None None None
$ 6,697,498.38

J.B. FULGHUM, Cashier.
Began Business: 2-16-1897

LIABILITIES
Demand deposits ............... . Time and savings deposits ...... Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ................... . Deposits of banks ............. .. Certifted and officers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... Common stock .............. Surplus ...................... . Undivided profits ............. .. Reserves for contingencies ........ .
Total Liabilities ................ .

$ 2,270,891.21 3,262,636.25 25,820.22
466,032.31 91,914.40 10,330.17
None None None
None None 57,838.67 None None 100,000.00 200,000.00 76,521.11 135,514.04
$ 6,697,498.38

FIFTIETH ANNUAL REPORT

175

STATEMENT Showing condition at the close of business December 31, 1969, 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
ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
divtSJons ................... . Other securi tics including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 538,899.61 520,113.39 49,810.06 305,433.33 None None
200,000.00 1,660,266.84
111,351.38 None None
1,619.11
3,387,493.72

KATHERINE SNELL, Cashier.
Began Business: 12-20-1909

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. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

1,626,396.61 1,053,281.21
15,971.23
285,093.81 None
16,609.36
None None None
None 10,000.00 39,837.25 25,000.00
None 100,000.00 150,000.00 65,304.25
None
$ 3,387,493.72

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BANK OF ZEBULON Zebulon (Pike), Ga.
As called for by the Superintendent of Banks

J.J. EDWARDS, President. Date of Charter: 3-18-1905
ASSETS
Cash, balances with oU1er banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~l!ons of States and political sub-
diVISions .................. .. Other securities including corporate
stocks .................... .. Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to U1is bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets ................... .

$ 193,103.13 449,487.48 88,668.75 324,637.94 None None 200,000.00
2,138,244.71
60,716.92 None None None
3,454,858.93

CAROLYN GILBERT, Cashier.
Began Business: 1-31-1905

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!S of States and political sub-
diVISions .................. .. Deposits of banks .............. . CertifiCd and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ........... , .... .

1,070,481.17 1,611,686.58
28,182.92
310,578.74 889.00
25,626.25
None None None
None 53,283.43 40,780.20
None None 50,000.00 150,000.00 82,350.64 31,000.00
3,454,858.93

176

DEPARTMENT OF BANKING

APPUCATIONS BY REGULATED CERTIFICATED BANKS TO INCREASE CAPITAL STOCK- APPROVED

NAME OF BANK

LOCATION

APPROVED

AMOUNT OF INCREASE

Mercantile City Bank

Atlanta

6- 9-69

$237,500 to $415,625

APPUCATIONS FOR CONVERSION OF REGULATED CERTIFICATED BANKSTOSTATECHARTEREDBANKS-APPROVED

NAME OF BANK

LOCATION

APPROVED

The Bank of Augusta (with Trust Powers) Peoples State Bank

Augusta Jeffersonville

CONVERSION OF REGULATED CERTIFICATED BANK TO NATIONAL BANK

7- 7-69 12-2-69

NAME OF BANK

LOCATION

EFFECTIVE

Peoples Banking Company (To First National Bank of Folkston)

Folkston

7- 1-69

FIFTIETH ANNUAL REPORT

177

ABSTRACT OF REPORTS OF CONDITION OF REGULATED CERTIFICATED BANKS IN GEORGIA AS OF DECEMBER 31, 1969
(With Comparative Statement as of December 31, 1968)

Dec. 31, 1969 22 Banks
ASSETS
Cash and balances with other banks . . . . . . . . . . . $ 4,534,740 United States Government Obligations . . . . . . . . . . . 2,885,796 Securities of Federal Agencies and Corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,540,129 Obligations of States and Political Subdivisions ............................. . 210,608 Other Securities ........................... . 132,465 Federal or Correspondent Funds Sold .......... . 3,930,000 Loans and Discounts (Net of Reserve
for Losses of $54,188) . . . . . . . . . . . . . . . . . . . . . . 11,723,117 Bank Premises, Furniture & Fixtures, and Other Assets Representing
Bank Premises . . . . . . . . . . . . . . . . . . . . . . . . . . . . 765,101 Real Estate Other than Bank Premises . . . . . . . . . . . -00ther Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,453 TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . . . . . . . . $25,822,409

Dec. 31, 1968 25 Banks
$ 5,159,460 3,841,207
1,861,551
19,200 112,128 -0-
10,317,263
728,756 27,250 67,836
$22,134,651

LIABILITIES
Demand Deposits ........................... $11,266,267 Time Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,630,328 Deposits of U.S. Government . . . . . . . . . . . . . . . . . . 409,032 Deposits of States and Political
Subdivisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,908,531 Deposits of Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . 183,676 Other Deposits (Certified and Officers' Checks, etc.) . . . . . . . . . . . . . . . . . . . . . . . 203,040 TOTAL DEPOSITS . .. . . .. . .. . . . . .. . . . . . . . . . . $21,600,874

$ 9,068,471 6,680,133 615,642
1,082,637 153,318
163,079 $17,763,280

Liabilities for Borrowed Money . . . . . . . . . . . . . . . . -0-

Mortgage Indebtedness . . . . . . . . . . . . . . . . . . . . . . .

99,379

Other Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 250,981

TOTAL LIABILITIES ....................... $21,951,234

-0-0147,190 $)7,910,470

CAPITAL ACCOUNTS

Common Stock ........................... $ 1,829,125

Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,236,425

Undivided Profits . . . . . . . . . . . . . . . . . . . . . . . . . . . 723,724

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

81,901

TOI'ALCAPITALACCOUNTS ................ S 3,871,175

TOTAL LIABILITIES AND

CAPITAL ACCOUNTS ....................... $25,822,409

$ 2,086,000 ),447,675 659,042 31,464
$ 4,224,181
$22,134,65 I

Increase+ Decrease-
$ 624,720955,411-
321,422-
191,408+ 20,337+ 3,930,000+
1,405,854+
36,3215+ 27,25032,617+ $3,687,758+
$2,197,796+ 950,195+ 206,610-
825,894+ 30,358+
39,961+ $3,837,594+
-099,379+ 103,791+ $4,040,764+
$ 256,875211,25064,682+ 50,437+
$ 353,006-
$3,687,758+

178

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
DORSEY BANKING COMPANY (Regulated Certificated Bank- Deposils Insured up to $20,000)
Abbeville (Wilcox), Ga. As called for by the Superintendent of Banks

NINA T. DORSEY, President. Date oflncorporation: 12-19-1966

NINA T. DORSEY,
Cashier. Began Business: 1-3-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasul}' securities ....... Securities of other U.S. Government
agencies and corporations .... Ob~~ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities .... Federal funds sold and securities pur-
chased under ..,...ments to reseU . Other loans .................. .. Bank premises, fUrniture and ioxtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ...... Other assets ................... .
Total Assets ................... .

$ 35,815.13 22,095.00 None None None None
205,000.00 111,463.84
5,428.24 None None None
$ 379,862.81

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ Deposits of U.S. Government .... Dep~~!S of States and political sub-
diviSions ................... . Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness ...... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........ Capital Notes and debentures .... Common stock ................ . Surplus ...................... . Undivided profits ............. Reserves for contingencies ........
Total Liabilities ................ .

$ 193,079.83 93,222.42 None
21,481.29 None
1,722.18
None None None
None 759.00 1,439.98
None None 25,000.00 25,000.00 14,920,38 3,237.73
$ 379,862.81

STATEMENT Showing condition at the close of business December 31, 1969, of
MERCANTILE CITY BANK (Regulated Certificated Bank - Deposils Insured up to $20,000)
Atlanta (Fulton), Ga. As called for by the Superintendent of Banks

A.E. Garber, President. Date of Incorporation: 12-29-1967

Miriam K. Freedman, Cashier.
Began Business: 1-2-1968

ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. Treasul}' securities ....... Securities of other U.S. Government
agencies and corporstions .... O~'!ons of States and political sub-
divisions .................. .. Other securities including corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under ..,...ments to reseU Other loans ................... . Bank premises, furniture and roxtures,
and other assets representing bank premises ...................... . Real estate owned other than bank premises ...... ., ........... . Customer's liability to d1is bank on acceptances outstanding .... Other assets .................. ..
Total Assets ................... .

$ 1,061,864.17 529,392.97 None 156,195.26 28,450.00 None
2,500,000.00 2,713,172.68
65,341.30 None None
45,733.42
$ 7,100,749.80

LIABILITIES
Demand deposits ............... . Time and savings deposits ....... Deposits of U.S. Government .... Dep_o~!s of States and political sub-
diVISions .................. .. Deposits of banks ............. .. Certii10d and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurehase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .. ; ..... . Aoceptanccs executed by or for account of this bank and outstanding. Other liabilities ............... .. Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies .....
Total Liabilities ................ .

$ 3,359,222.24 2,243,600. 75 217,002.78
20,299.39 None
52,864.06
None None None
None 113,394.00 12,602.64
None None 415,625.00 531,250.00 134,888.94 None
$ 7,100,749.80

FIFTIETH ANNUAL REPORT

179

STATEMENT Showing condition at the close of business December 31, 1969, of
BARWICK BANKING COMPANY (Regulated Certificated Bank- Deposits Not Insured)
Barwick (Brooks), Ga. As called for by the Superintendent of Banks

C.R. SIMMONS, JR., President. Date oflncorporation: 2-16-1967

MRS. LUCILLE M. JONES,
Cashier. Began Business: 6-1-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~g~t.ions of States and political sub-
divtstons ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ................... .

102,020.20 93,209.15 None None None None None None
658.00 None None None
$ 195,887.35

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!" of States and political sub-
diVISions ............. Deposits of banks .............. . Certified and officers' checks etc. .. . Federal funds purchased and sccwities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

142,437.73 None None
11,503.20 None
327.S7
None None None
None 889.02
None None None 2S,OOO.OO 5,000.00 10,729.83 None
$ 195,887.35

STATEMENT Showing condition at the close of business December 31, 1969, of
FARMERS CLEARING BANK (Regulated Certificated Bank- Deposits Insured up to $20,000)
Cadwell (Laurens), Ga. As called for by the Superintendent of Banks

W.A. BEDINGFIELD. President. Date of Incorporation: I0-14-1966

L. KENNON SMITH. JR.. Cashier.
Began Business: 11-15-1966

ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and sccwities pur-
chased under agreements to rcscU . OUter loans ................... . Bank premises. furniture and ftxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to Utis bank on acceptances outstanding ....... . OUter assets ................... .
Total Assets ................... .

$ 135,955.52 130,966.38 75,000.00 6,900.00 None None 50,000.00 393,671.34
4,345.62 None None None
796,838.86

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep.o~~s of States and political sub-
divisiOns ................... . Deposits of banks .............. . Certiftcd and officers' checks etc. . .. Federal funds pwchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances e~ecuted by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

$ 401,123.85 227,423.17 320.00
66,613.22 None
2,117.46
None None None
None 5,392.49
736.81 None None
27,500.00 50,500.00 15,111.86
None
796,838.86

180

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE BROWN BANK (Regulated Certif"ICBted Bank- Deposits Insured up to $20,000)
Cobbtown (Tattnall), Ga. As called for by the Superintendent of Banks

W.L. BROWN, SR., President. Date of Incorporation: 10-2-1967

W.A. SIKES, Cashier.
Began Business: 1-2-1968

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasuzy securities ........ Securities of other U.S. Government
agencies and corporations ..... Ob~t!ons of States and political sub-
divisions .................. Other securities including corporate
stocks ................ Trading account securities ...... Federal funds sold and securities pur-
chased under agreements to reseU Otlter loans .............. Bank premises, furniture and fiXtures,
and other assets representing bank premises .............. Real estate owned odter than bank premises ................ Customer's liability to this bank on acceptances outstanding ....... . OUter assets ...............
Total Assets ..............

$ 106,361.93 96,143.31 350,000.00 10,000.00 None None 150,000.00 342,084.25
14,406.27 None None None
$ 1,068,995.76

LIABILITIES
Demand deposits .............. Time and savings deposits ........ . Deposits of U.S. Government .... Dep!'~!' of States and politieal sub-
diVISions ............. Deposits of banks .............. Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ........... Otlter liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. OUter liabilities ............... Reserves on loans ........... Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............ Surplus .................... Undivided profits ........... Reserves for contingencies .......
Total Liabilities .........

$ 535,116.82 255,144.77 400.00
85,151.47 None
7,987.84
None None None
None None None None None 75,000.00 55,000.00 41,794.86 13,400.00
$ 1,068,995.76

STATEMENT Showing condition at the close of business December 31, 1969, of
FIRST CITIZENS BANK (Regulated Certificated Bank- Deposits Not Insured)
Covington (Newton), Ga. As called for by the Superintendent of Banks

S.H. BUTLER, JR., President. Date oflncorporation: 4-25-1967

O.B. MAXWELL, Cashier.
Began Business: 11-1-1967

ASSETS
Cash, balances widt odter banks, and cash items in process of collection .
U.S. Treasuzy securities .......... Securities of other U.S. Government
agencies and corporations ...... Obli.~'!ons of States and political sub-
divtSJons ................. OUter securities including corporate
stocks ................... Trading account securities ........ Federal funds sold and securities pur-
chased under agreements to reseU . Other loans .................. Bank premises, furniture and ftxtures,
and odter assets representing bank premises ............... Real estate owned odter than bank premises ................... Customer's liability to litis bank on acceptances outstanding ..... Other assets .............
Total Assets ...................

$ 55,489.03 11,576.00 None None
4,014.76 None None
487,741.45
111,963.54 None None
31,401.92
$ 702,186.70

LIABILmES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... Dep!'~!S of States and political sub-
diviSJons ................... Deposits of banks .......... CertifJCd and officers' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ............... Reserves on loans .............. . Reserves on securities ........... o Capital Notes and debentures ..... Common stock ............... Surplus .................... Undivided profits ............. Reserves for contingencies 0 o o o
Total Liabilities ................

$ 264,206.76 141,159.94 3,547.07
None None 10,833.21
None None None
None 10,933.51
None None None 100,000.00 160,000.00 11,506.21 None
$ 702,186.70

FIFTIETH ANNUAL REPORT

181

STATEMENT Showing condition at the close of business December 31, 1969, of
THE EXCHANGE BANK (Regulated Certificated Bank- Deposits Insured up to $20,000)
Douglas (Coffee), Ga. As called for by the Superintendent of Banks

M.E. BELGER, President. Date of Incorporation: 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 .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obligations of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to rescU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned oU1er than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . OU1er assets ................... .
Total Assets ................... .

412,872.62 141,131.82 445,687.50
None None None None 1,700.209.72
118,194.97 None None None
2,818,096.63

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and politieal sub-
diVISIOns ................... . Deposits of banks .............. . CertifiCd and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ...................... Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

s 1,165,783.85 1,078,523.14 9,568.65
191,699.83 58,675.76 11,320.21
None None None
None None None None None 170,000.00 40,000.00 65,420.97 27,104.22
s 2,818,096.63

STATEMENT Showing condition at the close of business December 31, 1969, of
THE COASTAL BANK (Regulated Certificated Bank- Deposits Not Insured)
Hinesville (Uberty), Ga. As called for by the Superintendent of Banks

CHARLES A. PURSER, President. Date of Incorporation: 6-26-1967

FRED B. NEWTON, Cashier.
Began Business: 1-2-1968

ASSETS
Cash, balances with oU1er banks, and cash items in process of coUection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Obli.~f!ons of States and political sub-
dJVtSJons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur-
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... Real estate owned oU1er than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 185,579.40 None None None None None None
288,798.33
12,756.82 None Norte
1,139.97
488,274.52

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~~s of States and political sub-
divisions ................... . Deposits of banks .............. . Certifted and officers' cheeks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. Reserves on securities ........... Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

$ 318,765.54 52,107.66 None
None None 5,720.86
None None None
None 14,398.87
452.02 None None
75,000.00 12,500.00 9,329.57
None
$ 488,274.52

182

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS BANK (Regulated Certifacated Bank- Deposits Insured up to $20,000)
Kingsland (Camden), Ga. As called for by the Superintendent of Banks

S.C. SHEFFIELD, President. Date oflncorporation: 1-18-1967

KENNETH F. WADE,
Cashier. Began Business: 3-1 0-1967

ASSETS
Cash. balances with other banks, and cash ilems In process of collection .
U.S. Treasury securities ..... Securities of other U.S. Government
agencies and corporations ... Ob~t!ons of States and political sub-
divisions ............. Other securities including corporate
stocks ............. Trading account securities ..... Federal funds sold and securities pur
chased under apeements to reseU Other loans ........... Bank premises, furniture and f"JXtures,
and other assets representing bank premises ....... Real estale owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on acceptances outstanding .... Other assets ............
Total Assets ............

$ 187,190-03 99,234.38 125,000.00 NoDe
None None
50,000.00 549,258.21
13,997.36
None None None
$ 1,024,679.98

LIABILmES
Demand deposits ........... Time and savinp deposits ...... Deposits of U.S. Government ... Dep~~!" of States and political sub-
diviaons ......... Deposits of banks ........... Certif"Jed and off"K:ers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ....... Other liabilities for borrowed money . Mortgsge indebtedness ........
Acceptances execuled by or for ac-
count of this bonk and outstanding. Other liabilities ............. ReseJVes on loans ........... Reserves on securities ........ Capital Notes and debentures .... Common stock ..... Surplus ........... Undivided profits ..... Reserves for contingencies .....
Total Liabilities ........

$ 251,495.65 552,477.49 4,270.38
23,004.37 50,000.00
3,788.31
None
NoDe
None
NoDe
None
2,612.%
None None
75,000.00 15,000.00 47,030.82
None
$ 1,024,679.98

STATEMENT Showing condition at the close of business December 31, 1969, 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 of Incorporation: 1-29-1967

J. BRADWELL SMITH,
Cashier. Began Business: 1-2-1968

ASSETS
Cash, balances with other bonks, and cash items in process of coUection
U.S. Treasury securities ... Securities of other U.S. Government
agencies and corporations . O~f!ons of Stales and political sub-
divisions ............ Other securities including corporate
stocks ............. Trading account securities ... Federal funds sold and securities pur
chased under agreements to reseU Other loans ....... Bank premises, furniture and f"IXtures,
and other assets representing bank premises ........ Real estate owned other than bank premises ..... Customer's liability to this bank on acceptances outstanding ..... Other assets ...
Total Assets ........

$ 97,427.55 37,612.19 NoDe NoDe NODe NoDe
None
151,586.08
2,640-00
None
815.82 1,700.00
$ 291,781.64

LIABILmES
Demand deposits ........... Time and savings deposits .... Deposits of U.S. Government .. Dep~~!" of Stales and political sub-
divisions ........... Deposits of bonks ....... Certif""'d and off"ICerS' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase ........... Other liabilities for borrowed money Mortgsge indebtedness ...... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ....... ReseJVes on loans .... ReseJYes on securities ...... Capital Notes and debentures .. Common stock ....... Surplus ............. Undivided profits ......... Reserves for contingencies ....
Total Liabilities ...........

$ 103,939.87 98,365.60 None
21,800.00
None
21,347.76
None
None
None
None
1,638.87
None None None
25,000.00 5,000.00 14,689.54
None
$ 291,781.64

FIFTIETH ANNUAL REPORT

183

STATEMENT Showing condition at the close of business December 31, 1969, of
mE PEOPLES BANK OF MACON (Regulated Certificated Bank- Deposits Insured up to $20,000)
Macon (Bibb), Ga. As called for by the Superintendent of Banks

DENNIS J.F. BEALL, President. Date of Incorporation: 8-10-1966

HOLST C. BEALL, JR.,
Cashier. Began Business: 9-12-1966

ASSETS
Cash, balances with other banks, and cash items in process of collection .
~~J=su.:f :.'::~~." G;,:..~~~~j agencies and corporations ...... Ob~t.ions of States and political sub-
divisions .................. Other securities including corporate
stocks .................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans .................. Bank premises, furniture and fiXtures,
and other assets representing bank premises ................. Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

$ 264,098.34 720,499.74 149,441.88 33,912.45 None None None 985,476.66
253,575.56 None None
13,108.35
$ 2,420,112.98

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... Dep~~!" of States and political sub-
diVISIOns ............... Deposits of banks ............ Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................ Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. Reserves on securities .......... Capital Notes and debentures .... Common stock .............. Surplus ...................... Undivided profits ............. Reserves for contingencies ........
Total Liabilities ................

$ 762,912.05 539,419.03 9,063.05
608,827.88 None
33,126.21
None None 99,379.20
None 32,699.61
1,881.38 None None
200,000.00 103,975.00 28,829.57
None
$ 2,420,112.98

STATEMENT Showing condition at the close of business December 31, 1969, of
mE SECURITY STATE BANK (Regulated Certificated Bank- Deposits Insured up to $20,000)
McRae (Telfair), Ga. As called for by the Superintendent of Banks

W.E. DOWLING, President. Date of Incorporation: 12-8-1966

JAMES W. POPE, JR., Cashier.
Began Business: 2-1-1967

ASSETS
Cash, balances with other banks, and cash items in process of coUection .
U.S. Treasuty securities .......... . Securities of other U.S. Government
agencies and corporations .... Ob~~~ons of States and political sub-
diviSions ................... . Other securities including corporate
stocks ..................... Trading account securities ....... Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances ouIslanding ....... . Other assets ...................
Total Assets ................... .

292,062.62 96,136.33
None None None None 350,000.00 359,834.09
20,871.31 None None None
$ 1,118.904.35

LIABILITIES
Demand deposits ............... Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep_o~!S of States and political sub-
diviSions .................. Deposits of banks ........... Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for bonowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... Undivided profits .............. Reserves for contingencies ........ .
Total Liabilities ...............

$ 547,394.44 97,652.00 None
352,792.74 None
2,482.67
None None None
None None 2,500.00 None None 60,000.00 10,000.00 46,082.50 None
$ 1,118,904.35

184

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
THE CITIZENS BANK OF MORVEN (Regulated Certif"acated Bank- Deposi1s Not Insured)
Morven (Brooks), Ga. As called for by the Superintendent of Banks

E.S. WEBB, President. Date of Incorporation: 3-9-1967

EDGAR B. McDONALD,
Cashier. Began Business: 4-1 0-1967

ASSETS
Cash, balanc:es with other banks, and cash items in process of collection .
U.S. Treasury securities ....... Securities of other U.S. Government
asencies and corporations .... Ob~!ons of States and political sub-
divisions ................... . Other securities ineludins corporate
stocks .................... .. Trading account securities ... Federal funds sold and securities pur-
chased under apeements to reseD Other loans ................... . Banlc premises, furniture and riXtures,
and other assets represenlin& bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstandins ..... Other assets ................... .
Total Assets ............

$ 104,172.18 3,314.31
None
3,000.00 None None
None
275,219.68
4,034.76 None None None
$ 389,740.93

LIABILITIES
Demand deposits ............... . Time and savinp deposits ....... Deposits of U.S. Government .... Dep~~!' of States and political sub-
divisions ................... . Deposits of banks .............. . Cerlined and ofru:ers' checks etc. . Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabilities for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ..,. count of this bank and outstanding. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures .. Common stock .......... Swplus ...................... . Undivided pronts ........... Reserves for contingencies ....
Total Liabilities ................ .

$ 233,S96.60 80,437.13 NoDe
9,345.84 None NoDe
None None None
None 4,465.39 1,472.57
None
None
45,000.00 5,000.00 10,423.40 None
$ 389,740.93

STATEMENT Showing condition at the close of business December 31, 1969, of
CITIZENS SERVICE BANK (Regulated Certificated Bank- Deposi1s Not Insured)
Omega (Tift), Ga. As called for by the Superintendent of Banks

C.E. TOLBERT,
President. Date oflncorporation: 12-12-1967

ANN McLEOD,
Cashier. Began Business: 1-2-1968

ASSETS
Cash, balanc:es with other banks, and cash items in process of coDection .
U.S. Treasury securities ....... Securities of other U.S. Government
asencics and corporations ... O~'!ons of States and political sub-
divisions ................... . Other securities includins corporate
stocks ..................... . Trading account securities ....... Federal funds sold and securities pur-
chased under apeements to reseD Other loans .................. .. Bank premises, furniture and nxtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptanc:es outstandins ... Other assets ................... .
Total Assets ................... .

$ 62.831.73 None
5,000.00 None None
None
None 56,204.99
6,300.00 None None None
$ 130,336.72

LIABILITIES
Demand deposits ............... . Time and savings deposits ...... Deposits of U.S. Government ..... Dep~~~s of States and political sub-
divisions ......... Deposits of banks .............. . Cerlined and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .............. Other lisbililics for borrowed money . Mortgage indebtedness ......... Acceptances executed by or for ..,. count of this bank and outstandins. Other liabilities ................ . Reserves on loans .............. . Reoerves on securities ..... Capital Notes and debentures .... Common stock ................ . Swplus ...................... . Undivided pronts ............ Reoenes for contingencies ......
Total Liabilities ................ .

$ 92,856.23 None
None
7,753.74 None
258.97
None None None
None 341.50
None None None 25,000.00 5,000.00 -873.72
None
$ 130,336.72

FIFTIETH ANNUAL REPORT

185

STATEMENT Showing condition at the close of business December 31, 1969, of
PAVO STATE BANK (Regulated Certificated Bank - Deposits Insured up to $20,000)
Pavo (Thomas), Ga. As caDed for by the Superintendent of Banks

J.A.CURRY,
President. Date oflncorporation: 12-27-1966

L.C. MILLER,
Cashier. Began Business: 1-20-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Obli.~t!ons of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and fixtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... . Customer's liability to this bank on acceptances outstanding ....... Other assets ...................
Total Assets ................... .

119,874.50 27,315.00
340,000.00 None None None None
325,223.25
15,443.00 None None None
$ 827,855.75

LlABILmES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
divtsaons ................. Deposits or banks .............. . Certified and officers' checks etc. .. Federal funds purchased and securities
sold under agreements to repurchase ................. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ............... Surplus ...................... . Undivided profits ............. Reserves for contingencies ........ .
Total Liabilities ...............

$ 400,757.05 264,615.07 2,215.00
36,600.56 None
11,072.55
None None None
None 10,651.07 4,971.15
None None 50,000.00 10,000.00 36,973.14 None
$ 827,855.75

STATEMENT Showing condition at the close of business December 31, 1969, of
BULLOCH EXCHANGE BANK (Regulated CertifiCated Bank- Deposits Insured up to $20,000)
Preston (Webster), Ga. As caDed for by the Superintendent of Banks

JAMES R DEKLE, President. Date of Incorporation: 2-1-1967

CHARLOTTE W. DEKLE, Cashier.
Began Business: 3-16-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .......... . Securities of other U.S. Government
agencies and corporations ...... . Ob~~t!ons of States and political sub-
dtvtSlons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to resell . Other loans .................. .. Bank premises, furniture and fiXtures,
and other assets representing bank premises .................. .. Real estate owned other than bank premises .................. .. Customer's liability to this bank on acceptances outstanding ....... . Other assets .................. ..
Total Assets .................. ..

178,935.54 174,430.08 50,000.00
None None None 50,000.00 359,946.33
15,762.60
None None 25.00
$ 829,099.55

LIABILITIES
Demand deposits .............. Time and savings deposits ........ Deposits of U.S. Government ..... . Dep~~~s of States and political sub-
diVISIOns .................. .. Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase ................. .. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for ac count of this bank and outstanding. Other liabilities ................ . Reserves on loans ............. .. Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

292,331.73 248,114.96
5,706.55
153,360.01 None
1,429.44
None None None
None None 5,674.83 None None 35,000.00 50,000.00 37,482.03 None
$ 829,099.55

186

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, 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, President. Date of Incorporation: 4-10-1967

TERESA ANN HAMM,
Cashier. Began Business: 12-18-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities .... Securities of other U.S. Govenunent
agencies and corporations .. O~t!ons of Stales and political sub-
diYisions ...... Other securities including corporate
stocks ............ Trading account securities .... Federal funds sold and securities pur
chased under 88RCR~Cnts to resell Other loans ....... Bank premises, furniture and rlXtures,
and other assets representing bank premises . : Real estate owned other than bank premises .. Customer's liability to this bank on acceptances outstanding .. Other assets ..........
Total Assets ........

$ 260,S41.03 5,751.73 None None None None None
275,952.88
5,413.34 None None None
$ 547,658.98

UABILmES
Demand deposits ....... Time and savinp deposits ... Deposits of U.S. Government ..... Dep~!i~ of States and political sub-
diYisions ........... Deposits of banks .... Certir10d and off"Jcers' c:hecks etc. . Federal funds purc:hased and securities
sold under agreements to repurc:hase .......... Other liabilities for borrowed money . Mortgage indebtedness .. Acceptances executed by or for accoun_t of-~ bank and outstanding. Other liabilities .......... Reserves on loans ........ Reserves on securities ...... Capital Notes and debentures .... Common stock . Surplus ............ Undivided profits ........... Reserves for contingencies ...
Total Liabilities .........

$ 250,626.59 239,S92.14 None None None 4,387.86
None None None None None 5,055.79 None None 46,000.00 9,200.00 -2,147.61 None $ 547,658.98

STATEMENT Showing condition at the close of business December 31, 1969, of
PEOPLES BANK (Regulated Certificated Bank- Deposits Insured up to $20,000)
St. Marys (Camden), Ga. As called for by the Superintendent of Banks

CHARLES C. SMITH, President. Date of Incorporation: 1-30-1967

LOUISE HUGGINS, Cashier.
Began Business: 2-1-1967

ASSETS
Cash, balances with other banks, and cash items in process of collec:tion .
U.S. Treasuzy securities ..... Securities of other U.S. Govenunent
agencies and corporations ..... Ob~ons of States and political sub-
diYisions .......... Other securities including corporate
stocks ............. Trading account securities ... Federal funds sold and securities pur
chased under apeements to reseD Other loans ..... Bank premises, furniture and fixtures,
and other assets representing bank premises ...... Real estate owned other than bank premises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Customer's liability to this bank on acceptances outstanding .... Other assets ......
Total Assets .........

$ 281,947.43 99,092.00 None None 100,000.00 None None 504,973.26
23,106,S1 None None None
$ 1,009,119.20

LlABILmES
Demand deposits ........ Time and savinp deposits ...... Deposits of U.S. Government .... Dep~~~ of States and political sub-
divisions ........... Deposits of banks ...... CertiriOd and officers' c:hecks etc. . Federal funds purchased and securities
sold under agreements to repurc:hase .......... Other liabilities for borrowed money . Mortgage indebtedness ... Acceptances executed by or for account of this bank and outstanding. Other liabilities ............ Reserves on loans ..... Reserves on securities ..... Capital Notes and debentures Common stock ....... Surplus ................ Undivided profits ........ Reserves for conttngencies ....
Total Liabilities ....

$ 224,400.13 524,863.25 None 22,424.12 75,000.00 4,245.75
None None None
None
None None None None 50,000.00 50,000.00 30,000.00 23,130.16 $ 1,009,119.20

FIFTIETH ANNUAL REPORT

187

STATEMENT Showing condition at the close of business December 31, 1969, 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 coUection .
~uJ::S511o7 :J.~~1: <;;,;,~;,;,;,~~i agencies and corporations ...... . Ob~t!ons of States and political sub-
divwons ................... . Other securities including corporate
stocks ..................... . Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... Bank premises, furniture and r1Xtures,
and other assets representing bank premises ................... Real estate owned other than bank premises ................... Customer's liability to this bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

s 68,246.46 48,671.73 None None None None None 44,610.92
9,000.00 None None None
s 170,529.11

LIABILITIES
Demand deposits ............... . Time and savinss deposits ........ . Deposits of U.S. Government ..... . Dep~~!' of States and political sub-
divtstons ................. Deposits of banks .............. . Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. Other liabilities for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for accoun_t o_f _tl_tis bank and ou !standing. Other liabilities ................ . Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ Surplus ...................... . Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................

s 108,386.75 12,895.04 None
None None 6,197.54
None None None
None 1,759.16
None None None 25,000.00 4,000.00 12,290.62 None
170,529.11

STATEMENT Showing condition at the close of business December 31, 1969, of
M.G. POUND BANK (Regulated Certificated Bank- Deposits Not Insured)
Sparta (Hancock), Ga. As called for by the Superintendent of Banks

M.G. POUND, SR., President. Date of Incorporation: 2-9-1967

M.G. POUND, JR., Cashier.
Began Business: 6-1-1967

ASSETS
Cash, balances with oU1er banks, and cash items in process of coUection .
U.S. Treasury securities .......... Securities of other U.S. Government
agencies and corporations ...... Obli_s;!.t!ons of States and political sub-
dJYlSIOns .......
Other securities including corporate stocks .....................
Trading account securities ........ . Federal funds sold and securities pur
chased under agreements to reseU . Other loans ................... . Bank premises, furniture and riXtures,
and other assets representing bank premises ................... Real estate owned other than bank premises .................. Customer's Uability to U1is bank on acceptances outstanding ....... . Other assets ................... .
Total Assets ................... .

s 41,004.61 159,741.15 None None None None None 418,229.51
20,000.00 None None
3,041.84
s 642,017.11

LIABILITIES
Demand deposits ............... . Time and savings deposits ........ . Deposits of U.S. Government ..... . Dep~~~ of States and political sub-
diVISIOns ................... Deposits of banks ............ Certified and officers' checks etc. . .. Federal funds purchased and securities
sold under agreements to repurchase .................. . Other liabiUtics for borrowed money . Mortgage indebtedness .......... . Acceptances executed by or for account of this bank and outstanding. Other liabilities ................ Reserves on loans .............. . Reserves on securities ........... . Capital Notes and debentures ..... . Common stock ................ . Surplus ...................... Undivided profits .............. . Reserves for contingencies ........ .
Total Liabilities ................ .

s 405,542.15 148,911.67 None
None None 4,557.17
None None None
None None None None None 50,000.00 10,000.00 18,006.12 5,000.00
s 642,017.11

188

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1969, of
COMMERCIAL BANK (Regulated Certificated Bank- Deposits Insured up to $15,000)
Tallapoosa (Haralson), Ga. As called for by the Superintendent of Banks

GORDON HEATH, President. Date oflncorporation: 1l-l2-1966

ELIZABETH R. NEWMAN,
Cashier. Began Business l-12-1967

ASSETS
Cash, balances with other banks, and cash items in process of collection .
U.S. Treasury securities ...... Securities of other U.S. Government
agencies and corporations ..... Ob~~ons of States and political sub-
divisions ................... . Other securities including corporate
stocks ..................... . Trading account securities ...... Fedeni funds sold and securities pur
chased under qreements to reseD Other loans ................... . Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's liability to this bank on """"Piances outstancling .... Other assets .............
Total Assets .............

s 212,832.79 189,659.38 None None None None 515,000.00 701,163.12
26,384.73 None
Ncme
3,486.35
s 1,708,526.37

LIABILmES
Demand deposits ............ Time and savings deposits ........ Deposits of U.S. Government ... Depo~!J of States and political sub-
divisions ................... . Deposits of banks ........... Certified and offiCers' checks etc. Federal funds purchased and securities
sold under agreements to repurchase ............. Other liabilities for borrowed money . Mortgage indebtedness .......... Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ........... Resenes on loans ........ Resenes on securities ......... Capital Notes and debentures ... Common stock ................ . Surplus ...................... . Undivided profits ........ Resenes for contingencies ..
Total Liabilities ........

s 722,641.43 338,136.28 144,921.24
255,873.88
Ncme
9,986.44
None
Ncme Ncme
None 36,023.48 9,423.35
None None 80,000.00 50,000.00 51,491.94 10,028.33
s 1,708,526.37

STATEMENT Showing condition at the close of business December 31, 1969, of
mE PARK AVENUE BANK (Regulated Certif"acated Bank- Deposits Insured up to $20,000)
Valdosta (Lowndes), Ga. As called for by the Superintendent of Banks

JAMES L. DEWAR, SR., President. Date of Incorporation: 3-16-1967

W.J.PIKE, Cashier.
Began Business: 4-3-1967

ASSETS
Cash, balances with other banks, and cash items in process of coUection
U.S. TreasurY securities ...... Securities of other U.S. Government
agencies and corporations .. O~~ons of States and political sub-
divisions ......... Other securities including corporate
stocks ............ Trading account securities ..... Federal funds sold and securities pur
chased under qreements to reseU Other loans ............... Bank premises, furniture and fiXtures,
and other assets representing bank premises ................... . Real estate owned other than bank premises ................... . Customer's tiability to this bank on acceptances outstanding .... Other assets ...........
Total Assets .............

s 267,553.80 199,826.38 None None None None None 732,484.39
15,477.07
Ncme Ncme
None
s 1,215,341.64

LIABILmES
Demand deposits .......... Time and savings deposits ....... Deposits of U.S. Government ... Deposits of States and potitical sub-
divisions .............. Deposits of banks .............. . Certified and offiCelS' checks etc. . . Federal funds purchased and securities
sold under agreements to repurchase ............... Other liabititics for borrowed money . Mortgage indebtedness ....... Acceptances executed by or for aocount of this bank and outstanding. Other liabilities ................ . Resenes on loans ............ Reserves on securities ........... . Capital Notes and debentures ..... Common stock ............ Surplus .............. Undivided profits ........... Reserves for contingencies ........ .
Total Liabilities ..............

s 489,649.31 393,666.10 12,017.22
20,000.00 None
7,266.26
None
Ncme
None
None 17,635.23 5,364.15
Ncme Ncme
150,000.00 30,000.00 89,743.37 None
s 1,215,341.64

FIFTIETH ANNUAL REPORT

189

ABSTRACT OF REPORTS OF CONDITION OF STATE CHARTERED CREDIT UNIONS AS OF DECEMBER 31, 1969

December 31, 1969

December 31, 1968

Amount Increase (Decrease)

Percent of
Increase (Decrease)

Percent of
Total Assets

ASSETS:
Cash .............................. $ 3,906,327 Loans ............................. 107,001,587 U.S. Government Securities ............ 1,477,486
Other Bonds, Stocks & Inv. ............ 10,359,977
Depreciable Assets (Net) ............... 1,074,564 Other Assets ........................ 1,769,449 Total: Assets ....................... $125,589,391

$ 4,203,467 94,217,856 1,061,473 11,047,654 1,018,295 917,881
$112,466,626

$ (297,139) 12,783,731 416,013 (687,676) 56,269 851,568
$13,122,765

(7.06) 13.56 39.19 (6.22)
5.52 92.77 11.66

3.12 85.20
1.17 8.24
.86 1.41 100.00

LIABILITIES:

Deposits, Including Non-Members ........ Notes and Accounts Payable ............ Other liabilities ..................... Total: liabilities .....................

114,786,687 1,283,148 1,095,097
117,164,932

101,436,186 850,605
1,188,317 103,475,108

13,350,501 432,543 (93,219)
13,689,824

13.16 50.85 (7.84) 13.23

91.39 1.02 .88
93.29

RESERVES: ........................ 4,169,045

3,095,712

1,073,333 34.67

3.32

CAPITAL:

Shares .............................. 1,035,959 Surplus and Undivided Profits ........... (I) 3,219,453 Total: Reserves, Capital, Surplus
and Undivided Profits ............. 8,424,459 Total: liabilities, Reserves & Cap........ $125,5891391

Number of Shareholders ............... Number of Depositors ................. Number of Loans .................... Number of Reporting Credit Unions ......

161,443 147,901 95,012
148

951,990 (2) 4,943,816
8,991,518 $112,466,626
148,627 138,311 94,050
149

83,969

8.82

(1,724,362) (34.87)

(567,058) $13,122,765

(6.30) 11.66

12,816 9,590
962 (I)

8.62 6.93 1.02 (.67)

.82 2.57
100.00

Average Interest Paid on Deposts ........ Average Amount of Deposit ............
Average Size of Loan Outstanding

5.84% 776.10 1,126.19

5.66% 608.62 1,001.78

.18% 167.48 124.41

(I) After provision for 1969 dividends and interest and after transfers to Statutory Reserve (2) Before credits from 1968 Income.

3.18% 27.51% 12.41%

190

DEPARTMENT OF BANKING

STATE CHARTERED CREDIT UNIONS UNDER SUPERVISION OF DEPARTMENT OF BANKING
STATE OF GEORGIA
Total Assets as Reported
December 31,1969
Albany Federal Employees Credit Union, Post Office Box 93 ................................209,037.69 Carlton Credit Union, Post Office Box 1087 ..............................................50,466.39 Karagheusian Employees Credit Union, P.O. Box 648 ..........................................50,382.26 Keenan Credit Union, 112 North Front Street ...............................................215,733.23
AMERICUS
Sumter County Teachers Credit Union, c/o D.C. Burk, Sr., Route I ..................................66,959.91
Athens Division Credit Union, 1001 Prince Ave., P.O. Box 1312 ...................................306,895.41 C.C.E.A. Credit Union, 394 South Milledge Avenue ..........................................73,747.54 Dairy-Pak Athens Credit Union, 600 linton Springs Road, Box 726 ...............................74,763.01
ATLANTA
A.D. Co. Employees Credit Union, 777 Memorial Drive, S.E......................................102,041.06 AMCO Credit Union, 221 Ivy Street, N.E..................................................252,775.80 AMILSCO Credit Union, 451 Stephens Street, S.W............................................9,971.63 USSAC Credit Union, P.O. Box 1685,802 Title Building .......................................341,663.92 ARMCO Credit Union, 593 Glenn Iris Dr., N.E., Box 1046 ......................................83,283.04 Arrow Credit Union, 2022 Murphy Avenue,S.W............................................. 504,481.46 Associated Credit Union, 38 Auburn Avenue, N.E.......................................... 1,379,188.00 Atlanta City Employees Credit Union, 601 City HaD ........................................ 1,253,735.12 Atlanta Cooperative Credit Assoc., 529 Merchandise Mart ....................................265,700.78 Atlanta Greyhound Tenninal Employees C.U., 81 Cain St., N.W..................................16,862.17 Atlanta Postal Credit Union, Ml 02 Federal Annex ...................................... 20,940,836.13 Atlanta Railway Postal Clerks Credit Union, 111-M Federal Annex ............................... 1,499,795.16 Atlanta Teachers Credit Union, 462 Eighth Street, N.E...................................... 1.831,901.02 Atlanta Tenninal Employees Credit Union, 71 Spring Street,S.W. . .................................39,624.45 Atlantic Steel Credit Union, 1300 Mecaslin Street,N.W., Box 1714 ............................. 1,384,896.25 Ben Franklin Credit Union, 1400 W. Peachtree Street, N.W........................................51,529.23 Circle "W" Credit Union, 1299 Northside Drive, N.W...........................................8,233.87 Delta Employees Credit Union, Atlanta Airport ........................................... 10,429,204.89 Dixie "66" Credit Union, 3 Executive Park Dr., N.E., Box 29666 .................................160,889.26 DuPont Atlanta Employees Credit Union, 1737 BOsworth Ind. Dr.,N.W............................. .117,060.05 Employers Group Credit Union, 1438 W. Peachtree St., N.W.......................................8,601.02 Employees Credit Union, Swift & Company, 244 Peters St., S.W.............................. .114,352.00 Employment Service Credit Union, I Peachtree Street, N.E.......................................79,268.95 EsseU Credit Union, 1197 Peachtree Street, N.E. . ........................................... .98,951.25 Federal Employees Credit Union, 87 Walton St., N.W., Rm.325,Box 1544 ........................ 13,248,851.73 GA-WP General Office Credit Union, 4 Hunter Steel, S.E......................................70,431.72 Genuine Parts Credit Union, 299 Piedmont Avenue, N.E.........................................122,204.29 Georgia E.S.A. Credit Union, 474 State Labor Building .......................................87,944.18

FIFTIETH ANNUAL REPORT

191

Georgia Health Department Credit Union, 516-A State Office Bldg..................................515,166.26 Georgia International Credit Union, 615 Peachtree Street, N.E......................................40,307.81 Georgia League Credit Union, 2719 Buford Highway, N.E....................................... 5,358,150.07 Georgia Standard Oil Employees C.U., 1800 Fulton National Bank .................................453,022.08 Georgia State Dept. of Education C.U., 249 State Office Bldg......................................712,296.17 Georgia State Hwy. Dept. Employees C.U., 271 Capitol Ave., S.W............................... \,683,408.57 Georgia Telco Credit Union, 424 Hurt Building ............................................ 21,383,045.32 Hospital Authority Employees C.U., 80 Butler Street, S.E.........................................408,977.81 John Rogers Employees Credit Union, I040 Huff Road, N.W......................................27,761.66 Journal-Constitution Employees C.U., 10 Forsyth Street, N.W................................... 1,656,814.16 L & P Credit Union, 1% Marietta Street, N.W...................................................38,271.19 Marion Mfg. Credit Union, 174 Chester Avenue, S.E............................................. .19,682.02 Mead Packaging Employees Credit Union, I 040 W. Marietta St., N.W................................494,892.45 Merchants Mutual Credit Corp., 70 Broad St., N.W., Box 1455 ................................... 1,566,980.00 Montag Employees Credit Association, 245 N. Highland Ave., N.E..................................255,004.89 Mr. Friendly Credit Union, I Executive Park East ................................................45,994.11 Mutual Savings Credit Union, 1219 Caroline Street, N.E........................................ 1,654,472.14 Orange Disc Credit Union, 1375 Peachtree St., N.E., Room 180 .................................. 1,183,848.79 Presbyterian Center Credit Union, 341 Ponce de Leon Ave., N.E.....................................76,417.84 R.E.A. Employees Credit Union, 99 University Avenue, S.W........................................73,178.08 Regenstein Employees Credit Union, 209 Peachtree Street, N.E..................................... 16,190.40 Rich's Employees Credit Union, Post Office Box 4539 ......................................... 3,552,451.19 Ruralist Credit Union, 713 Glenn Street,S.W...................................................459,918.35 Russell Company Employees Credit Union, 117 Central Avenue .................................... 18,429.41 S.M.C.R.C. Credit Union, 1307 Peachtree Street,N.E..............................................68,789.65 S.O.S. Credit Union, 214 State Capitol ......................................................102,004.43 SHO DO CO Savings Plan Credit Union, 1301 Chattahoochee Ave.,N.W................................8,308.38 Small Agencies Credit Union, Veterans Service Bldg., I Hunter St...................................635,322.02 Southern Freight Bureau Employees C.U., 101 Marietta St. Bldg................................... .134,103.06 State Revenue Dept. Credit Union, 309 Trinity-Washington Bldg...................................104,608.98 T.C. Employees Credit Union, c/o Tenn. Corp., 55 Marietta St......................................79,634.00 Thompson, Boland & Lee Employees Credit Union, 201 Peachtree St.................................73,595.69 The Thrift Credit Union, Third Floor, Terminal Sta. Bldg...................................... 1,280,867.78 United Family Employees Credit Union, 494 Spring Street, N.W....................................91,402.10 White Columns Credit Union, 1601 West Peachtree Street, N.E......................................59,645.68
AUGUSTA
Georgia Railroad Employees Credit Union, 615 Eighth Street ......................................91 ,251.52 King Mill Savings & Credit Association, Goodrich Street .........................................753,939.18 Richmond County Health Dept. Employees C.U., 1001 Bailie Drive ..................................71,750.11
BOWMAN
Wright Garment Employees Credit Union ......................................................29,089.85
BRUNSWICK
Glynn County Federal Employees C.U., Federal Bldg., Box 1315 .................................. .110,880.50
CHAMBLEE
Lay Employees S & L Credit Union, 4950 Peachtree Industrial Blvd................................447,662.13

192

DEPARTMENT OF BANKING

COLUMBUS
Columbus Coca Cola Employees C.U., 305 17th Street .....................................18,41 5.01 Columbus Health & Hospital Credit Union, 1958 Eighth Avenue ............................276,936.42 Columbus Postal Credit Union, 926 Ralston Hotel, Box 495 .................................671,186.05 Gas Light Employees Credit Union, 1421 Fourth Avenue ...............................132,755.54 Swift Credit Union, 141 0 Sixth Avenue ...........................................231,723.71 WeeReBel Employees Credit Union, !350 Thirteenth Avenue .............................64,721.00
CORDELE
Harris Employees Credit Union, 108 Ninth St., P.O. Box 998 ....................................104,304.41
CORNELIA
STATCO Credit Union, 224 North Main Street ............................................44,110.86
COVINGTON
PEE DEE Employees Credit Union, P.O. Box 1017 .............................................. -0-
DALTON
Crown 1\aft Employees S & L Credit Union, Box 129 ........................................48,539.05 N.G.E.M.C. Credit Union, 301 Selvidge Street, Box 1407 ...................................60,599.98 W.E. Strain Employees Credit Union, Highway 41, S. Box Ill ..................................44,053.21 TEXACOTE Credit Union, c/o TextUe Rubber & Chemical Co. Rt. I ...........................56,044.70 Whitfield County Postal Employees Credit Union, P.0. BuDding ......................... .34,809.52
DECATUR
DRHD Credit Union, DeKalb County Health Dept. 440 Winn Way ...................................64,161.52 Decatur Postal Employees Credit Union, 520 W. Ponce de Leon Ave...........................155,611.87 Decatur Teachers Credit Union, 320 N. McDonough Street ..................................111,200.20 Kraft Employees Credit Union, SOl DeKalb Industrial Way, Box 580 ....................... 2,310,910.82 The WoodCo Credit Union, 114 New Street ........................................... 32,196.81
DORAVILLE
F.D. & L. Employees Credit Union, 3101 McCall Dr., Box 1000 ...............................655,827.33 Gaylord Employees Credit Union, 4351 Pleasantdale Road ...................................105,339.64
DRYBRANCH
Georgia Kaolin Employees Credit Union ...............................................159,380.40
DUBLIN
Dublin Federal Employees Credit Union, V.A. Center .....................................241,044.62

FIFTIETH ANNUAL REPORT

193

EASTPOINT
Associated Grocers Credit Union, 1286 Milledge Street ........................................ 1,496,675.10 Colonial Stores Employees Credit Union, 2251 North Sylvan Road ............................... 2,452,914.06 East Point Municipal Employees Credit Union, City Hall ........................................ .373,180.50 lPCO Employees Credit Union, 2323 North Sylvan Road ..........................................21,850.69 TriCity Postal Credit Union, 2905 East Point Street . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .I 0,541.27 W.A.S.E. Credit Union, 2675 Martin Street .....................................................43,115.08
EASTMAN
Stuckey's Employees' Association Credit Union, c/o Stuckey's .....................................93,735.63
ELBERTON
Stone Workers Credit Union, 1411 North Mcintosh Street ..........................................36,469.19
FOREST PARK
Sexton Atlanta Employees Credit Union, ISO Thames Road ......................................113,760.65
FORT MCPHERSON
Fort McPherson Credit Union, Building T-213 ............................................... 2,013,473.79
GAINESVILLE
CITISCO Credit Association Credit Union, 401 Main Street, S.W....................................34,709.15
HAPEVILLE
Fulton Teachers Credit Union, 3420 Whipple Avenue ............................................884,476.64
HAZELHURST
Patchogue-Plymouth Employees Credit Association, P. 0. Box 625 ................................. I58,307.81
JACKSON
CGEMC Employees Credit Union, 181 North Mulberry Street ..................................... .49,809.45
JONESBORO
C.C.B.E. Employees Credit Union, P.O. Box 492, 120 Smith St. . ................................. .380,665.26
MACON
CGMT Employees Credit Union, 340 Hazel Street .............................................. .14,915.95 City Employees Credit Union, City Hall, 718 Poplar Street .......................................148,424.52 D.D.D. Credit Union, c/o Borden Company, 4700 Pio Nono Ave. . ...................................4,583.82 Davison's of Macon Credit Union, 433 Cherry Street .............................................25,255.45 Federal Employees Credit Union, 213 New Federal Bldg. Box 5313 .................................273,957.17

194

DEPARTMENT OF BANKING

C.M.B. Employees Credit Union, 4496 Mead Road ................................................. 865.72 Georgia Kraft Employees Credit Union, 4891 Mead Road .......................................850,438.23, Macon Firemen's Credit Union, 5II First Street, City Hail ........................................183,332.08 Macon Police Credit Union, Police Department, City Hall .........................................245,627.52 Macon Water Works Credit Union, 780 Third Street ..............................................68,524.68 The Proctor & Gamble Macon Emp. Credit Union, 1265 Sixth Street ................................227,689.02
MARIETTA
C-MAR Credit Union, 36 Atlanta Street, City HaU .............................................98,659.37
MILLEDGEVILLE
Baldwin County Hospital Employees C.U., 1954 North Cobb Street .................................53,779.50 Central State Hospital Credit Union, Lawrence Building ........................................ 2,336,248.35
MOULTRIE
Employees Credit Union Swift & Company .................................................. .183,392.16
QUITMAN
Brooks County Packing Co. Employees C.U., North Highland Street ..................................6,5 11.68
Floyd County Postal Employees Credit Union, Post Office Bldg. . ..................................202, I58.94 Rome Kraft Employees Credit Union, Post Office Box 1551 .................................... 1,086,283.95
SAVANNAH
G.P.A. Credit Union, Post Office Box 2406 ..................................................224,150.81 Health Employees Chatham County Credit Union, P.O. Box 6648 ..................................161 ,449.61 Merchants Credit Union, 903 Realty Building, P.O. Box 1717 ......................................35,554.88 Savannah Electric & Power Employees C.U., 600 Bay Street E....................................487,616.53 Savannah Federal Credit Union, 28 Abercom Street, Box 1382 ....................................401,260.62 Savannah J-Mers Credit Union, I Foundation Drive, Box I003 ......................................35,350.54 Savannah Postal Credit Union, Post Office Building ............................................ .323,970.17 Savannah Transit Credit Union, 900 E. Gwinnett Street, Box 9118 ..................................88,887.82 Seaboard Employees C.U. of Savannah, hie., 60 I E. Liberty St.....................................41 0,776.35 Workmen's Circle Credit Union, 416 West Congress Street .......................................330,345.72
TALLAPOOSA
Dixisteel Credit Union, Post Office Box 247 ...................................................94,896.06
TOCCOA
TMPICO Employees Credit Union, E. Currahee Street .............................................6,491.84 Wright Manufacturing Employees Credit Union, 626 W. C_urrahee St..................................99,024.24

FIFTIETH ANNUAL REPORT

I9S

VALDOSTA Valdosta Onized Credit Union, Post Office Box 950 ........................................... 1,008,532.23 WARNER ROBINS Warner Robins Employees Credit Union, City Hall, Watson Blvd.................................... .36,724.68

196

DEPARTMENT OF BANKING

FIRMS UCENSED BY TilE SUPERINTENDENT OF BANKS

UNDER TilE 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

65 Broadway

NewYork,N.Y. 10006

545

Convenient Check Corporation 65 Broadway New York, N.Y. 10006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . None

Nation-Wide Check Corporation

I00 West 22nd Street

Baltimore, Maryland 21218

359

Republic Money Orders, Inc.

Republic National Bank Building

Dallas, Texas 75201

Ill

Thos. Cook & Son (Bankers) Ltd.

587 Fifth Avenue

New York, N.Y. 10017

4

Travelers Express Company, Inc.

Chamber of Commerce Building

I 5 South Fifth Street

Minneapolis, Minnesota 55~02

410

Western Union Telegraph Company

60 Hudson Street

New York, New York 10013

110