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R E P O R T OF
\

THE

BANK COMMISSIONER
OF ARKANSAS

1947

THOMAS W. LEGGETT
State Bank Commissioner




\
!




THIRTY-THIRD REPORT
OF THE

BANK COMMISSIONER
OF THE

STATE OF ARKANSAS

FOR THE YEAR ENDING JUNE 3©, 1147




THOMAS W. LEGGETT
Slate Bank Commissioner




STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT
LITTLE ROCK, ARKANSAS
June 30, 1947
To Hi," Excellency, Ben Damn
governor o f Arkansas:
In compliance with the provisions of Section 704 of Pope’s
Digest, I have tin? privilege of submitting herewith the ThirtyThird Report of the State Bank Commissioner of Arkansas, fo r the
year beginning July 1, 1946 and ending June 30, 1947. The report
covers the condition of the state banks and trust companies, state
building and loan associations, industrial banks, credit unions, a
combined statement of i he burial associations and a compiled list
of the same, together with other factual data.
Total assets of the state banks were $367,934,679,96. compared
witti $374,471,566.98 on June 30, 1946. There was some decrease
in deposits as reported for the previous year, this being due to the
withdrawal of war loan deposits from our banks as the United
States Government used lands represented by war loan deposits
to retire a portion of the national debt. Eliminating the war loan
deposit•< Thorn the total, deposits of the state banks have actually
increased from June 3b, 1946 to June 30, 1947 in the amount of
$3,139,212.15.

Tela* loans amount to $70,352,530,42, an increase of $20,423,918.83 o\ er a year age, This is evidence o f the banks’ willingness
to extern! credit to the business and agricultural activities of our
state. Examination reports reflect that our banks are in strong
position. Liquidity in cash and Government securities should qual­
ify them to meed any reasonable demand for sound loans, main­
taining at all times maximum protection to their depositors.
It is the policy of thw Department to serve constructively and
efficiently the banks under our supervision; to maintain our state
banking system strong, well managed, operating for the benefit o f
ilw communities in which they are situated, for the safety of the
depositors and for the stockholders whose investment makes pos­
sible the operation and maintenance of banking facilities.
I wish to take this opportunity of extending my very kind
appreciation fo r your courtesy and cooperation. I also want to ex­
press my thanks to th e Members of the State Banking Board
for th e faithful manner i?i which they have so well served.




Respectfully submitted,
THOMAS W. LEGGETT,
State Bank Commissioner.




TABLE OF CONTENTS

Legal H o lid a y s -- __--------- .-- __------------- ,------ ---------------------------------- ----------------6
Departmental Roster _____ _____ _______ _ — -------—-------------------- — --------— .— 7
Commissioners of State Bank Department
--------------------— -------------------------- 8
Receipts and Disbursements _______________________ ______ _— -------------------------- -8
Comparative Abstract showing condition of State Banks and Trust
Companies as of June 30, 1947 and June 29, 1946 — _— .— — —
-------- 9
Comparative Abstract showing condition of State and National
Banks as of December 31, for years 1946-1942 --------------------------------------- 10
Comparative statement of condition of State Banks and Trust Com­
panies for the past Thirty-Three Y e a r s _________— ---------------------------------- 11
Consolidated report of Earnings and Dividends of State Banks and
Trust Companies for the Twelve months ending December 31, 1946— ------12
Banking Facilities by Counties including State and National Banks,
Teller’s Windows and Cooperative Exchanges — ---------— — -------- 13-14
National Banks in Arkansas _____________________.____________ ____ _— ---------- 15
Members of Federal Reserve S y ste m ------------- --------------------------------------------------16
Commercial Banks Non-Members of Federal Deposit Insurance
Corporation _________
16
Trust Companies not engaged in Commercial Banking and NonMembers of Federal Deposit Insurance Corporation -------- ----------------------- 16
State Banks operating Teller’s Windows _____________________________ _______17
National Banks operating Teller’s Windows _______ _______________ _— --------17
New Banks Chartered______ ____________________________________ _____ _________ 17
Amendments Altering Capital Structure_____ ,________.__________ __________ 17-18
Amendments changing number of D irectors_________________________ ________18
Amendments Authorizing the purchase of assets and assumption of
Liabilities of other B a n k s _________________________________
18
Amendments Authorizing the sale of assets to other B a n k s ________________18
Banks Voluntarily Liquidated ___ ______________________________ - _______________ 18
Banks establishing Teller’s Windows _______ __________________ ____ .____________ 19
Banks closing Teller’s W in d o w s____________ __________ _____________ _________19
Banks changing Corporate T i t l e _________________________________
19
Banks retiring Preferred S to c k ______________________,_________________________ 19
Individual statement of condition of all State Banks and Trust Com­
panies as of June 30, 1947 _____ ,________________________________________20-107

BUILDING AND LOAN AND SECURITIES DIVISION
< ombined and individual statement of condition of Building and
L<>an Associations as of December 31, 1946 _______________________ 111-115
Lm: of Voluntarily Liquidating State Chartered Building and Loan
Associations _ ____
116
< ombined and individual statement of condition of Industrial Loan
Institutions operating under Act 111 of 1941 as of June 30, 1947____ 118-120
Combined and individual statement of condition of Industrial Loan
Institutions operating under Act 135 of 1937 as of June 30, 1947____ 121-131
t 'ombined and individual statement of condition of Credit Unions
a:> of December 31, 1946 _____________________________________________132-137
Qualified Stock Exchanges
________________________________________________ 138
Dealers authorized to sell qualified or exempt Securities as of June
30, 3947 . _
_____ . ___________________________________________ ______ 139
issuing Companies authorized to sell Securities as of June 30, 1947_____ 140-143
»’ombined operating statement of Burial Associations for Twelve
month period ending June 30, 1947 _____________________________________ 144
Burial Associations authorized to sell membersbin certificates as of
June 30, 1947 _______________________________________________________ 145-147
Combined and individual statement of condition of Cooperative Ex­
changes as of June 30, 1947 ____________________________ ______________148-152




6

State of Arkansas: Bank Department

LEGAL HOLIDAYS
New Year’s Day

January 1.

Robert E. Lee’s Birthday

January 13.

George Washington’s Birthday-- --February 22,
Memorial Day

May 30.

Independence Day

July 4.

Labor Day

First Monday in September.

Armistice Day

. November 11.

Thanksgiving Day

.

Fourth Thursday in November.

Christmas Day

.

December 25.

All Biennial Statewide Primary and General Election Days
All Bills of'Exchange, Drafts or Prommisory Notes, which shall
become payable on a legal holiday shall be payable on the day next
succeeding such holiday. In case any legal holiday which falls on
Sunday, the next succeeding Monday shall be a legal holiday in its
stead.




1

Thirty-Third Report

DEPARTMENTAL ROSTER
State Bank Commissioner
Assistant Bank Commissioner
Assistant Bank Commissioner
a- charge Building and Loan
and Securities Division

Thomas W. Leggett
Theo P. Carson
•Tolln L, Carter

BANK EXAMINERS
Albert Sims

F, C, Rayburn
J. A. Welty
ASSISTANT EXAMINERS

John D, Rather

L), S, Patterson

BUILDING AND LOAN AND SECURITIES EXAM INER

G, C. Mangum
SECRETARY TO BANK COMMISSIONER
Audrey Arnn
CLERKS AND STENOGRAPHERS
Helen James

Vivian Martin

Nora S, Powers

'STATE BANKING BOARD
B. A. Lynch, Chairman
Howard East
Louis E. Hurley
C. E. Crossland _ _ _
Richard T, Steel




Blytheville
Camden
El Dorado
Little Rock
Conway

8

State of Arkansas: Bank Department
COMMISSIONERS OF STATE BANK D E P A R T M E N T
STATE OF A RK AN SA S

No.

1
2
3
4
5

3
7
8
3

Name
John M. Davis_____
A. J. Reap________
W. T. Maxwell_____
Charles McKee____
Loid Rainwater____
W alter E. Taylor_ _
Marion Wasson____
Grover S. Jernigam
Thomas W. Leggett

Date o f appointment

Date service ended

-March <5. 1913________ October 3, 1918
.October 3. 1018_______ March 22, 1919

..March 22, 1919_______ September 1, 1921
.September 1, 1921____ July 28, 1925
.July 28. 1925_________ February 8, 1927
.February 8, 1927____ January 10, 1933
.January 10, 1933_____ January 12, 1937
.January 12, 1937_____January 14, 1941
-January 14, 1941_____

The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1946 to June 30, 1947:
RECEIPTS
Cash balance with State Treasurer June 30, 1946___________________$44,934.40
Examination and assessment fees Bank Department____$27,584,34
820.00
Charter and amendment fees Bank Department________
Miscellaneous fees Bank Department__________________
24.75
Examination and assessment fees Building & Loan
Division _ _________________________________________
1,533.35
Miscellaneous fees Securities Division__________________ 16,898.79
$46,861.23
$91,795.63

DISBU RSEM EN TS
Salary of Bank Commissioner__________________________ $
Salary of Assistant Bank Commissioner________________
Salary of Assistant Commissioner Securities Division_
Salaries o f Bank Examiners___________________________ _
Salaries of Assistant Bank Examiners_____________ .____
Salaries of Office Force_______________________________ _

5,000.00
4,200.00
3,600.00
9,000.00

Travel E x p e n se ______ __________ ___ _____________________ _
Maintenance _ _______________ ___ ____ ____ _____ ______ _____
Printing Annual Report_____ ______ ____________________ _
Charges by State Treasurer___________ _____ ____ ______ __

7,816.36
5,562.30
973.12
1,627.73

Cash balance with State Treasurer June 30, 1947




7,155.00

5,760.00

$50,694.51
$41,101.12
$91,795.63

C O M P AR AT IV E

\ MSTIi A< 'T SHOW INC THK CONDITION OK ST A T E BA NKf1 AND TR U ST n o i l ' \ NILS Ob'
ARK ANSAS AS OK ,111X K ;;o. 1947 AND J I ' N K AD, 1916

June JO, 1017
170

Number i>f banks report ing

1tu-rease
1

J une29, 1940
169

Ih*< i ease

R E SO U R C E S:

f 102,647,776.3 i
170.81K,771.SK
21,050,181.71
70,403,,184.21
1,34.1,059.10
88,110.40
701,815.27

7 1 10,875,092.4 i
187,100,470.14
19,029,274.51
49,973,309.14
1,172,985.14
63,282.72
438,592.94

TO TAL RESODROES

8107,914.879,00,

$374,451,560,9s

$262,099,173.97
38,238,158.41
1,515,196.37
31,450,239.61
10,829,752.50

$262,784,965.1,3
36.019,024.12
15,695.01 1.56
28,861,498.50
11,832,682.76

$148,132,520.90

$355,193,182.57

387,420.72

349,484.32

L IA B IL IT IE S :
Demand deposits
Savings and time depositsU. S, Government deposits
Public funds - Deposits of banks

___

TOTAL DEPOSITS
Other Liabilities

■ 1 1.02,7 ,9 16.imi
16,281,698.26
2,923,907. IK
20.430,055.07
176,694.02
2,847.74
265,222.33
:n

<Net t *'
$

0,5 16,887,93
685,791.36

2,219,134.01
12,179,815.19
2.588,741.13
1,002,930,20
$

( Net)

$

9,(160,601.6.7

37,936.40

C AP ITA L A C C O T N TS:

Capital stock ___ _ _ Surplus
Undivided profits and reserves

T O TA L C A P IT A L ACCOUNTS
TOTAI l i a b i l i t i e s \\: d
C A P IT A L ACCOUNTS - .......................

$

8,483,500.00
0.*Uf>,4U0, on
8,125,837.44

$

7,818,500.00
5,715,200,00
5,375,200,09

$ 21,414,717.44

$ 18,908,900.09

-$307,934,079.00

$374,451,508.98

Percentages:

Capital accounts to deposits____ __ ____ _
8.18
Cash and U. S. Government securities
to deposits_________ __
_
________ 78.71
Loans and discounts to deposits _____________20.35



5.33
86.13
14.08

$

865,000.00
1,090,200.00
750,037.35

$

$
$

( Nett $

0 ,5 16,881.92

Thirfti-Thir'l Report

Cash and due from banks
U. S. (Government obligations
Other bonds and securities
Loans and discounts Ranking house, furniture and fixtures
Other real estate
Other resources
-.

o

C O M P A R A T IV E A B S T R A C T SHOWING CONDITION OF S T A T E A N D N A T IO N A L B AN K S OF A R K A N S A S
AS OF DECEM BER 31, 1946-1942
219
1946

215
1945

213
1944

211
1943

215
1942

R ESO U RC ES:
$263,804,000
379,312,000
56,317,000
125,931,000
3,122,000
134,000
702,000

$267,053,000
388,531,000
43,719,000
102,261,000
2,880,000
159,000
884,000

$232,953,000
309,092,000
33,615,000
86,227,000
2,921,000
208,000
715,000

$192,985,000
206,185,000
34,269,000
78,199,000
2,951,000
290,000
860,000

$202,275,000
127,461,000
3 4,519,000
68,681,000
2 .9 7 7 ,Ago
415,000
771,000

TO TAL RESOU RCES _______________
L IA B IL IT IE S ;
Capital stock _
_
_ ..
Surplus
. .
_
. . . . . . .
Undivided profits and reserves. __
Deposits . __ ____
Other liabilities _________ __
....

$829,322,000

$805,487,000

$655,731,000

$515,739,000

$437,099,000

? 15,014,000

16,074,000
11,145,000
786,115,000
974,000

$ 14,037,000
13,577,000
8,812,000
768,348,000
713,000

$ 13,682,000
11,440,000
8,272,000
631,710,000
627,000

$ 13,512,000
9,870,000
7,249,000
484,327,000
781,000

$ 13,395,000
9,071,000
(>,491,000
107,2.35,000
807,000

TO TAL L IA B IL IT IE S .. ______

$829,322,000

$805,487,000

$655,731,000

$515,739,000

3437,099,000

Cash and due from banks
U. S, Government obligations_ ____ _
Other bonds and securities_____

Loans and discounts.
. ___ _ _ _
Banking house, furniture and fixtures
Other real estate
Other resources
__
_ .




State of Arkansas: Bank Dt part ok nt

Number o f banks




Thirty-Third Report

C O M P A R A T IV E STATEM E N T OF CONDITION OF ST A UK BANKS A N l ) TRI S'l COM PAN IES
FOR PAST T H IR T Y -T H R E E Y E A R S
Total
Capital
IF S. (iov ’t
Borrowed
Loans and
Number
.St ruetrne
Bonds
llfsou ret'
Fash
Discounts
Money
Banks
Deposits
D ate
7.000 ' 19 J 88,800 v 02Y.25.500
K8,0Oo 8
397 $ 39,523,900 8 13,583,000 8 3,778.300
June 23, 191 f».
18,721,700
2,000
70,989,100
17,158,800
2,088,200
45.877,800
50,107,100
387
June 30, 1916____
19,724,300
94,005,806
i, 029,60ii
26.167,800
3,023,800
72,480,300
56,871,400
389
June 20, 19177.832,500
28.321,400
20,898.400
118,818,000
78,279,700
7.823,100
90,194,100
389
June 29, 1918
1 15.1X1,000
12,295,800
21,441,000
3,0,106.900
14,3.88,600
93,519,700
109,447,800
380
June 30, 1919
”>0.754,8(H)
24,582,100
9,880.800
184,1 16,700
29,775,800
133,256,200
129.669,700
404
June JO, 1920 _
25.680,400
187,210,3.00
25,474,800
6.658,000
27.416,000
113,064,400
104,393,000
100
June 30, 1921
145,697.700
27,074.700
3,558,000
25,270,906
14,857,200
106,276,400
101,031,600
402
June 30, 1922
8 4,088,000
162,928,400
6,626,900
25,842.200
9,689,800
109,443,400
403
128,580,700
June 30, 1923
- 85,770,860
! 619)46,800
'OO.OJJHln
28,651,00e
14,237,400
114,950,900
123,305,300
197
June 30, 1924.
25.186,900
84,129,800
4,720,100
171,848,400
117,669,200
18.,403,100
390
136,552,900
June 30, 1925................
4.401,000
179,174,100
35,902,800
25,374,100
18,078,300
123,464,400
142.107,300
394
June 30. 1920
85,890,100
2 4,424,800
167,869,800
1,426,700
8,011,600
112,051,800
370
134,788,700
June 30, 1927
6,048,500
23,484,400
167,013,100
7.120,500
38,484,400
109.167,900
135,849,800
358
June 30, 1928.
8,403,100
170,668,000
32.607,700
23,598,100
8,333,200
109,438,700
U'
137,636,800
June 29, 1929
168,858,500
80,886,200
4,892,500
28,169,300
12,018,900
111.542,200
131,936,800
329
June 30, 1930
1 14,721,200
26,347,000
4,101,500
17,551,500
3.356,600
67,063,800
92,097,800
205
June 30, 1931
6,061,500
85,708.100
14,937,100
20,014,800
7,676,700
46,374,800
62,043,400
223
June 30. 1932
67,506,400
19,530,100
12,398,500
6,946,200
6,798,200
29,925,600
47,335,000
202
June 30, 1933.._ _
57.123,900
12.047,800
7,155,500
18,594,709
8,515,800
23,434,300
41,756,400
189
June 30, 1934 .
---9,206,600
20,827,800
62,770,700
11,698.400
820,500
25,039,400
June 29. 1935
50,646,500
180
11.769,900
71,508,200
11,254,400
29,198,000
59.441,000
J48,800
22,088,500
178
June 30. 1930
12,059,800
78,43,2,900
28,661,800
12,197,200
24,965,600
283,500
66,036,600
170
June 30, 1937
10,842,300
12,084,800
26,501,600
79,01 (>.200
29,138,400
88,100
66,771,000
171
June 30, 1938..........._ .
9,198,600
12,280,700
85,961,400
206,100
27,761,400
73,397,300
36,443,100
107
June 30, 1939
2,4,852,000
92,002,700
72,300
10,664,100
12,567,100
32,496,900
79,079,100
109
June 29, 1940
12,805,500
107,93.6,900
16,087.100
12,705,800
75,100
33,420,100
94,733,000
100
June 30, 1941
___
75,998,000
21,428,800
13..816,600
56,700
142,710,700
30,666,(500
128,975,900
1<50
June 30. 1942
71,252,800
18,904,500
88,42 1,600
204,192.600
82,,700
190,153,500
30,497,300
101
June 30, 1943. .
242,132,900
97,906,100
87,156,400
15,076,800
226,832,800
81,700
12,121,000
161
J une 30. 1944
319,689,500
16,624,500
115,746,100 187,559,700
50,282,600
106,700
302,720,500
103
June 30, 1945
1) 1,416,100 187,100,000
371,451,600
19,928,600
131,700
18,908,900
June 29 1940
3.55,193,200
109
21,414,700
1 16,700
70,103.4(H)
102,647.800 170,818,800
867,934,700
346,12.2,500
170
.lime 30, 11*47

12

State of Arkansas: Bank Department

CONSOLIDATED REPORT OF EARNIN GS AND DIVID EN DS OF STATE
BANKS A N D TRU ST COM PANIES FOR THE T W E L V E
MONTHS ENDING DECEM BER 31, 1946
E AR N IN G S;
Interest and discount on loans_______________ $2,941,668.68
Interest and dividends on securities_________ 2,833,169.34
Service charges, exchange charges, etc_______ 2,188,848.34
Other operating earnings ___________________
228,829.80
Total earnings from operations_________

$8,192,516.66

EXPEN SES:
Salaries, wages and directors’ fees__________ .$2,520,563.99
Interest paid — ------ — _________ _________— —
311,791.57
Taxes other than on income__________________
211,171.69
Taxes on in com e--------------- -----------------------------563,583.94
Other current expen ses____ ___________________ 1,588,955.46
Total current exp en ses___________________

$5,196,066.65

Net operating ea rn in gs___________________

$2,996,449.51

RECOVER IES A N D P R O FITS:
Recoveries and profits on securities sold_____ $ 207,494.98
Recoveries on loans ___ __________________ _____
139,838.58
Other recoveries ______________ _____ ___ ___ ___
219,207.38
T o t a l__________________ ____________________

8 566,540.94
83,562,990.45

LOSSES CHARGED O F F :
On secu rities______ _____________________ ______ $
On loans _______________________________________
All o th e r s _____ _________ _________________ ____
Net profits before

177,540.92
149,196.86
158,548.26

dividends________

$ 485,286.04
$3,077,704.41

D IV ID E N D S:
Cash dividends on common stock.'____________ $ 552,374.16
On preferred s to c k
_________________ _— ,—
30,489.45
Net profits after

dividends____________

$ 582,863.61
$2,494,840.80

OTH ER IN C R E A SE S IN C AP ITA L A C C O U N T S:
New common stock sold___________ ____________ $ 285,000.00
Premium on common stock sold______ _________
118,000.00
T O T A L ________

$ 403,000.00
$2,897,840.80

OTHER D E C R E ASE S IN C AP ITA L A C C O U N TS:
Preferred stock r e tir e d ______ _______— ---------$

N E T A D D ITIO N TO C AP ITA L A CCOUNTS FOR 1946



23,100.00
$2,874,740.80

13

Thirty-Third Report
BANKING F A C ILITIES BY COUNTIES INCLUDING STATE A N D
N A TIO N AL BANKS, T E L L E R ’S W IN DOW S AND
COOPERATIVE EXCHANGES

County

Population

Arkansas
Ashley _ B axter. .
Benton
Boone
Bradley
_ _
Calhoun
Carroll
Chicot

. _
— ...

- -

. __
Clark__________ - .
—

Cleburne.ClevelandColumbia,
Conway. _
Craighead
C raw ford.
Crittenden

State
Banks

_
_
..

_
.
.

.

_

Cross______

Dallas
Desha
____
Drew _
Faulkner. _
Franklin--...

.

.

..
.

-

Fulton
.... . _ .___
Garland _ Grant _ _
Greene
Hempstead- _
Hot Spring ... .. _
Howard ___ _
Independence _ ___
Izard
___
Jackson
Jefferson._
Johnson ... ...
Lafayette
- Lawrence..... . .
Lee
_.... ..
Lincoln
____
Little River
___

Logan
Lonoke _
Madison
Marion __
Miller
_

. __
. _
. _
. _

Mississippi_____
Monroe __
- —
Montgomery
_ .
Nevada
Newton
____
Ouachita. ... _
Perry
. .. . . _
Phillips . _
.
_ .
Pike _____ -




2
6
1
4
2
2
1 .
1

24,437
26,785
10,281
36,148
15,860
18,097
9,636
14,737
27,452
24,402
28,386
13,134
12,570
29,822
21,536
47,200
23.920
42,473
26,046
14,471
27,160
19,831
15,683
10,253
41,664
10,477
30,204
32,770
18,916

16,621
25,643

12,834

16,851.
22,651
26,810
19,709

2

1

1

1

Coopera­
tive ExChanges

1
2

4
3
2
2
3
1
4
4
3
3
2
2
3
1
2
2
1
1
1
1
1
1
1
3
2
1

2

3
i
i
i

i
i
i

•

15,932
25,967
29,802
14,531
9,464
31,874 '
80,217
21,133
8,876
19,869
10,881
31,151
8,392
45,970
11,786

Teller’s
Windows

3

25,880

26,427
65,101
18,795

National
Banks

2
6
2
1
4
3
1
1
1
4
1
2
3

1
1
1

1
1

1
1
1
1
1
1
2
2
1
1
1

1

2

1

1

2
i

i
i

1
1

i
i
i

3

2

1
i
2

1

14

State of Arkansas: Bank Department
B AN K IN G FA C IL IT IE S BY COUNTIES INCLUDING ST A T E A N D
N A T IO N A L BANKS, T E L L E R ’S W IN DOW S AN D CO­
O PE R A TIV E E XCH AN G ES— Continued
State
Population

County

Poinsett
Polk__
Pope

P rairie.

37,670
15,832
25,682

____

_

Pulaski ___
Randolph __
St. Francis.
Saline
Scott
.
Searcy
Sebastian _
Sevier
Sharp

_ .

Stone
U nion
Van Buren_______ _
Washington
White

W oodruff
Y ell_________




15,304
156,085
18,319
36,043
19,163
13,300
1.1,942
62,809
15,248
11,497
8,603
50,461
12,518

Banks
5
1
5
2

3
2
2
1
1
1

4
2
4
1
4
1

41,114

5

37,176
22,133
20,970

7
2
4

1,949,387

170

National
Banks

Teller’s
Windows

Coopera­
tive ExChanges
1

1
O

1

2
1
O
tJ
1

1
1

2
2

50

2
1
1

1

19

11

15

Thirty-Third Report
,\ ATION AI

Nairn

BAN K S IN A R K A N SA S

Location

County

____Arkadelphia_____ __ Clark
Citizens National Bank.
First National Bank
- . _ — ------ Ashdown___________Little River
First National Bank
-_ ____ Batesville______ ____ Independence
First National Bank
.
____ Berryville__________ Carroll
____ Blytheville_________ Mississippi
First National Bank
Citizens National Bank. ______ Camden____________ Ouachita
Farmers National Bank- __
__ _____ Clarksville_________ Johnson
fir s t National Bank .. _____ Conway____ _______ Faulkner
First National Bank
__ _________DeQueen___________ Sevier
- ____ DeW itt_____________Arkansas
First National Bard;
First National Bank
._
- ____ El Dorado__________ Union
National Bank o f ( ’o m m m r
_______ El Dorado__________ Union
____ Fayetteville________ Washington
First National Bank First National Bank_
.________ Fordyce____________ Dallas
National Bank o f Eastern Arkansas____Forrest City______ St. Francis
_ -------- Fort Smith_________ Sebastian
n t y National Bank
First National Bank .
. . _____Fort Smith_________Sebastian
Merchan»> National Rant
_ _ . ____Fort Smith______ _Sebastian
First National Rank
.. ---------- Green Forest______ Carroll
First National Bank -------------Gurdon____________ Clark
Arkansas National Bank
__— Heber Springes______ Cleburne
Helena National Bank
. ____ Helena______ '______ Phillips
Phillips National Bank
. - - . ------ Helena_____________ Phillips
Citizens National Rank- _
____ Hope_______________ Hempstead
First National Ban!;
- ------- Hope_______________ Hempstead
Arkansas National Bank
---------- Hot Springs________ Garland
_ -------Hughes____________ St. Francis
Planter-. National Ban!
F iirt National Bank _
- . -------- Huntsville__________Madison
First National Bank
__
____ Lewisville______ ____ Lafayette
_________ Little Rock_________ Pulaski
( om m em al National Bank
Peoples National Bank
.
------------- Little Rock_________ Pulaski
\ nion National Bank
---------Little Rock_________ Pulaski
First National Bank .
- ------ Magnolia___________Columbia
Malvern National Bank. .
. ------ Malvern____________Hot Spring
First National Bank.
.
------ Marianna__ ________ Lee
Planters National Bant.
___ Mena_______________ Polk
FitM Nat’unal Bank
------ Nashville___________Howard
First National Bank
____ Newport___________ Jackson
National Rank o f Commerce
- _____Paragould__________Greene
Now First National Bank
____Paragould__________Greene
First National Bank
.. .
____ Paris_______________Logan
National Bank of Bommeree
____ Pine B lu ff_________ Jefferson
Simmon.' National Bank _ _____Pine B lu ff_________ Jefferson
American National Bank.
. ___ ____ Rogers___________ --.Benton
First National Bank.
. ---------Springdale_________ Washington
Peoples National Bank-------------- Stuttgart__________ Arkansas
State National Bank
.
__ _______ T exarkana.________ Miller
First National Bank
____ Tuckerman_________Jackson
First National Bank of I a v riv ce Co___ Walnut Ridge______ Lawrence
First National Ban!
.
.
. ____ Wynne_____________ Cross




16

State of Arkansas: Bank Department
M EM BERS OF F E D E R A L R E SER V E SYSTEM

Capital and
Date o f Admission Name o f Bank and Location
Surplus
April 21,1941______ Elk Horn Bank & Trust Company___________ $ 150,000.00
Arkadelphia
August 23,1918____ Farmers Bank & Trust Company___________
300,000.00
Blytheville
May 10,1944_______Bank o f Brinkley____________________________
100,000.00
Brinkley
150,000.00
April 28, 1941______The Merchants & Planters Bank_____ _______
Camden
September 11, 1942_.The Exchange Bank & Trust Company______
200,000.00
El Dorado
January 7,1944____ M cllroy B a n k ________________________________
200,000.00
Fayetteville
September 2 2 ,1933~.Fordyce Bank & Trust Company___________
100,000.00
Fordyce
September 2 5 ,1942_.Arkansas Trust Company. f__________________
400,000.00
Hot Springs
July 26,1945______ Peoples Bank & Loan Company___ __________
60,000.00
Lewisville
March 20,1919_____Worthen Bank and Trust Company__________ 1,700,000.00
Little Rock
September 2 0 ,1944_.Farmers & Merchants Bank________ __________
75,000.00
Marianna
July 21,1920-______The Bank of Russellville____________________
120,000.00
Russellville
August 23,1923____Peoples Exchange Bank_____________
120,000.00
Russellville
June 9,1942_________ Grant County Bank______________
50,000.00
Sheridan
April 11, 1944______Smackover State Bank_______________________
50,000.00
Smaekover
May 20,1921_______Bank o f W aldron____________________________
85,000.00
Waldron
COMMERCIAL BAN K S— NON MEM BERS F E D E R A L DEPOSIT
INSU RANCE CORPORATION
N ame
•
Location
Farmers & Merchants Bank_______ _______________ __Des Arc
Portland Bank
_____ _______________________________ Portland
Bank of Sidney_______________________________________ ___Sidney
TR U ST COM PANIES NOT EN G AGED IN COM M ERCIAL B A N K IN G A N D
NON MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION
Name
Location
Arkansas Valley Trust Company_________________ Fort Smith
Guaranty Loan & Trust Company_________________ — Helena
Metropolitan Trust Company.___..._______ _______ Little Rock




Thirty-Third Report

17

STATE BANKS OPERATING T E L L E R ’S W INDOW S

Location
Name of Bank
-B ald Knob
Citizens State Bank
. Benton
Benton State Bank. __
DeWitt Bank & Trust ( ompanv- 1)eW it?
Planter* Bank & Trust Company - Forrest City
Planters Bank & Trust Company - Foi rest City
-Greenwood
Farmer? Bank
.
McGehee
McGehee Bank _
_
Monette State Bank. _
. Monette
Mississippi County BankOsceola
Mississippi County Bank. . . - <isceola
The Secui it v Bank & Trust ( '<>. - Paragould
. __ . Plainview
First State B a n k .__ _
Bank of Prescott-. .
Prescott
Searcy
The Searr\ Bank-Siloam Springs
Bratt-Wasson B ank-..
_ . .. . Tuckerman
Bank of Tuckerman__
Merchants & Planters Bank-Warren
Bank of W ilson. . ..... .............. Wilson

Location
Teller’s
Window
Bradford
Bauxite
Gillett
Cotton Plant
De Vails B luff
Hartford
Arkansas City

Caraway
Joiner
Luxora
Marmaduke

Ola
Emmet

County
White
Saline
Arkansas
W oodruff
Prairie
Sebastian

Desha
Craighead
Mississippi
Mississippi
Greene
Yell
Nevada

Pangburn

Gentry
Swifton
Hermitage
Reiser

White
Benton
Jackson
Bradley
Mississippi

N ATIO N AL BANKS OPERATING T E L L E R ’S W INDOW S
State National BanL.

___ T e x a r k a n a - ___ Foreman__ ____ Little River
NEW BANKS CHARTERED
July . 1'.*40 t>; June 30. 1947

Name, t vratieu a,A Date
Capital
Clinton State Bank, Clinton, Van Buren County.
October 10, 1940 _. . _ - . . . __ _ ____
$50,000
Earle State Bank. Earle, Crittenden County,
A n d 2 t, I947 __ .
. . - _____ ____
70,000

Surplus

Charter
N umber

$10,000

695

15,000

896

AM EN DM ENTS A LTERIN G CAPITAL STRUCTURE
Juh L 1940 to June Jo, ]947
Denuort State Bailk. Dermott, im reared capital stock from fL'o.OOO.oii to
$50,000.00 i>y the declaration of a 100'/ stock dividend.
Bank of Dover, Dover, increase «ommon capital stock from '•‘23,900.pit to
$25,000.00 by the declaration of a $2,000.ou common stock dividend, and retired
all o f Class “ A ” preferred stork held by the Reconstruction Finance Corpora­
tion amounting to $4,500.o0. leaving the capital stock at $25,000.00 all o f which
!s common stock.
Worthen Bank & Trust Company, Little Rock, retired all of Class “A ”
preferred stock amounting to $270,000.00, owned by the Reconstruction F i­
nance Corporation; also retired all of Class “ B” preferred stock amounting to
$250,000.00, owned by individuals; increased common capital from $125,000.00
to $500,000.00 by the sale of $375,000,00 new common stock; then, declared a
100G common stock dividend leaving the capital at $1,000,000.00 all of which
is common stock.
Marked Tree Bank, Marked Tree, increased capital stock from $25,000,00
to $50,000.00 by the declaration o f a 100'; stock dividend.
The Twin City Bank, North Little Rock, increased capital stock from
$100,000.00 to $150,000.00 by the declaration o f a 50G stock dividend.
Mississippi County Bank, Osceola, increased capital stock from $100,000.00 to $175,000.00 by the sale of $75,000.00 par value of new stock.



18

State of Arkansas; Bank Department

Bank o f Pea Ridge, Pea Ridge, increased capital stock from $15,000.00 to
$25,000.00 by the declaration o f a 86 2 /3 % stock dividend.
Bank o f Prescott, Prescott, retired all o f Class “ A ” preferred stock
amounting to $60,000.00 owned by the Reconstruction Finance Corporation,
and increased common stock from $37,500.00 to $75,000.00 by the sale o f $37,500.00 par value o f new common stock, leaving the capital at $75,000.00 all o f
which is common stock.
Bratt-Wasson Bank, Siloam Springs, retired ail o f Class “ A ” preferred
stock amounting to $13,800.00 owned by the Reconstruction Finance Corpora­
tion, and the common capital increased from $28,200.00 to $40,000.00 by the
sale o f $13,800.00 par value new common stock, and further increased by the
declaration o f a $35,000.00 stock dividend, leaving the capital at $75,000.00 all
o f which is common stock.
AM EN DM EN TS CHANGING NUM BER OF DIRECTORS
July 1, 1946 to June 30, 1947
Name of Bank
Citizens Bank
_
_ _ _
Commercial Bank ___
Mercantile Bank________
_ ____
Farmers Bank & Trust Company
Farmers & Merchants Bank _ _
Mississippi County Bank

Location
Booneville

.

Harrison
JonesboroMagnolia

From
- -.3 to 5
_ .3 to 7
8

14

5 to 9
.Marianna _ .
Osceola
,___3 to 7

To
3 to 7

3 to
9
7 to
7 to
3 to

11
11
11
9

AM EN DM EN TS A U TH ORIZIN G THE PURCHASE OF A SSE TS AND
ASSU M PTION OF L IA B IL IT IE S OF OTHER BANKS
July 1, 1948 to June 30, 1947
The Merchants & Planters Bank, Newport, amended Articles o f Incorpora­
tion to provide for the purchase o f all or a part o f the assets and the assump­
tion o f the deposit liability of the Bank o f Tupelo, Tupelo.
Clinton State Bank, Clinton, amended Articles of Incorporation to provide
for the purchase o f certain assets of The Cleburne County Bank, Heber
Springs, and the assumption o f its deposit liability carried at the Clinton Tel­
ler’s Window o f The Cleburne County Bank.
AM EN DM ENTS A U TH O R IZIN G THE SALE OF ASSE TS TO OTHER
BANKS
July 1, 1948 to June 30, 1947
The Bank of Tupelo, Tupelo, amended Articles o f Incorporation to provide
for the sale of all or a part of its assets to the Merchants & Planters Bank,
Newport.
The Cleburne County Bank, Heber Springs, amended Articles o f Incor­
poration to provide fo r the sale o f certain assets to the Clinton State Bank,
Clinton, upon its assumption o f the deposit liability o f the Clinton Teller’s
Window o f the bank.
BANKS V O L U N T A R IL Y LIQ U ID A TED
July 1, 1948 to June 30, 1947
Name
Location
Date
Bank o f Tupelo-___________________ Tupelo------ ----------_------ August 6,1946




19

Thirty-Third Report
BANKS E STABLISH IN G T E L L E R ’ S W INDOW S
July 1, 1948 to June 30, 1947

Location of
Teller’s Window
Date
___ Wilson_______ Keiser____________ ____ November 7,1946

Name
Bank of Wilson

Location

BANKS CLOSING T E L L E R ’S W INDOW S
July 1, 1948 to June 30, 1947
Location of
Name
Location
Teller’s Window Date
The Cleburne County Bank_Heber Springs W linton
.December 31,1946
BANKS CHANGING CORPORATE TITLE
July 1, 1948 to June 30, 1947
W. B. Worthen Company, Little Rock, to Worthen Bank and Trust Com­
pany, Little Rock.
BANKS WHICH HAVE R ETIR ED PRE F E R R E D STOCK
July 1, 1948 to June 30, 1947
Name
Location
Bank of Dover_. . . . ____
_________ .___ Dover _________
Bank of Kensett_________ _
______
Kensett ______ _
Worthen Bank & Trust Company ________ Little Rock ____
The Union Bank of Mena. _ ----------------------Mena _________
Bank of Prescott____
.
The Bank of Rector
.
Pratt-Wasson Bank . . . __




_______________ Prescott___ ____

-------------------R ector____ ____
_____________ Siloam Springs

Amount
6,500.00
3.500.00
520,000.00
8.600.00
60,000.00
10, 000.00
13,800.00

i

$622,400.00

20

State of Arkansas: Bank Department

THIRTY-THIRD REPORT
of

STATEMENTS OF ARKANSAS BANKS
AND TRUST COMPANIES
A S SHOWN BY THE CALL OF JUNE 30, 1947

Cities and Towns Alphabetically Arranged by Postoffices
Population shown is that given by the 10th census of the United States 1940
COMMERCIAL BANK A T ALM A, ALM A
Population, 774.

Crawford County

Chartered January 11, 1910.
Officers
W. E. Byars________________ President
J. Fred Alexander___ Vice President
Reves L. Bolling-______________Cashier
Margaret Adams______ Asst. Cashier

Transit Number 81-272

Directors
J. Fred Alexander W. H. Cole
JReves I.. Bolling
T. H. Kihler
E. Bradley
C. R. Starhird
W. E. Byars

STATEM ENT OF JUNE 30, 1947
Resources
Loans and Discounts____$ 168,084.37
U, S. Gov’t obligations-_
587,897,06
Other bonds and securities
30,000.00
Furniture and fix tu re s-543.66
Banking house_________
600.00
Cash and due from banks
376,902.94

T o t a l ________________ $1,164,028.03




Liabilities
Capital sto c k ___________ $
25,000,00
Surplus f u n d ___________
20,000.00
Undivided p r o f i t s ______
14,841.45
Demand d e p o s it s ______ 1,055,172.80
Time d ep osits___________
6,648.46
U. S. Gov’t 'deposits____
562.02
Public f u n d s ___________
41,803.30
Total dep.__$l,104,186.58
Total __________________$1,164,028.03

Thirty-Third Report

21

BANK OF AM ITY, AM ITY
Population, 608.

Clark County

Chartered November 30, 1905.
Or
G, W. Tuliesou____'_________ President
W . H. Olds— -------------Vice President
Cleda O l d s _______________ ..Cashier
Oral M, W alker________ Asst. Cashier

Transit Number 81-287

J. F. Brown
Lyn Maxey
Cleda Olds

W. H. Olds
G, W . Tolleson

STATEMENT OF JUNE 30, 1947
Resources

Liabilities

Loan* and discounts.
.$ 230,686.87
* iverdrafts . . ______ _
322.15
Ik S. Gov’t obligations. .
592,119.34
Gther bonds and securities 9,47,481.73
Furniture and fixtures. _
531.22
Banking house _______
1,000.00
Cash and due from bank<
433,455.26
1.00
Other resources .........

Capital stock
____
$ 35,000.00
35,000.00
Surplus f u n d ______ ___
22,099.94
Undivided profits _
Demand deposits _ ___ 1,111,821.56
360,437.37
Time deposits _____
5,419.47
U. S. Gov’t deposits____
25,819.23
Public funds
___
10,000.00
Deposits of banks-_
Total dep.__$l,513,497.63

Total

- - _____ _ _ _ -$1,605,597.57

Total

_

_________

$1,605,597.57

ELK HORN BANK AND TRUST COMPANY, ARK AD ELPH IA
Population, 5,078.

Clark County

Chartered September 28, 1903.

Transit Number 81-133

O fficers

Directors
E. E. Meador
A. C. Stone
A. J. Vestal------------------Vice President Clarence Hardin J. P. Sturgis
A. P, Greene___ _______ Vice President G. W. Lookadoo A. J. Vestal
A. C. Stone-------------------------- Cashier
J. H. Lookadoo J. B. W ingfield
W, P. Jones, Jr._ _______ Asst. Cashier
C. C. Lookadoo_________ Asst. Cashier
Lilian H e a r n __________ Asst. Cashier

W. E. Barkman
W . E. Barkman------------------- President
J. H. Lookadoo---- ------ Vice President A. P. Greene

STATEMENT OF JUNE 30, 1947
Resources

Liabilities

Loans and discounts ____ $ 996,179.64
Overdrafts ______________
1,485.00
U. S. Gov’t obligations. 1,166,700.00
Other bonds and securities 136,350.00
Furniture and fix tu re s-1.00
Banking house _________
6,000.00
Cash and due from banks 1,177,466.88
Other resources_________
724.80

Capital sto c k _____ ___ __$ 100,000.00
Surplus fu n d ___________
50,000.00
Undivided p r o fits ______
40,496.11
Demand d ep o sits______ 2,066,634.34
Time dep o sits__________
896,969.81
Public f u n d s ________—
330,807.06
Total dep.__$3,294,411.21

Total




$3,484,907.32

Total

$3,484,907.32

State of Arkansas: Bank Department

22

MERCHANTS AND PLANTERS BANK AND TRUST
COMPANY. ARKADELPHIA
Population, 5,078

Clark County

Chartered June 15, 1911.
O fficers
President
H. T. Ross_____ ______
H. G. Elms___ _____ ___ Vice President
Jett B la e k ___ _____
Cashier
Lottie Watson_________ Asst. Cashier
Catherine Condray_____Asst. Cashier
Jane B. Lawrence____ A sst. Secretary

Transit Number 81-469
Directors
Jett Black
E. N. McElhanon
J. H. Crawford D. W . McMillan
H. G. Elms
H. T. Ross
Roy F. Golden Ralph Williams
Jas. C. Hobgood

STATEM ENT OF JUNE 30, 1947

Resources

Liabilities

Loans and discounts____ 8 777,619.83
3,933.96
Overdrafts ______________
U. S. Gov’t obligations. _
187,000.00
Other bonds and securities 120,185.20
5,809.40
Furniture and fixtures __
11 000.00
Banking h o u s e _________
Other real estate_________
3.00
596,879.86
Cash and due from banks
1.00
Other resources_________

Captial s to c k ____________ $; 100,000.00
Surplus f u n d _____ ______
30,000.00
Undivided p r o fits ______
8,758.68
Reserves ________________ _
22,972.61
Demand deposits _______ 1,088,454.36
Time deposits_____ _____
198,871.54
U. S. Gov’t deposits____
9,543.30
Public f u n d s ____________ 243,831.76
Total dep.__$l,540,700.96

,

Total

Total

.$1,702,432.25

.$1,702,432.25

BANK OF ASH FLAT, ASH FL AT
Population, 315.

Sharp County

Chartered February 20, 1912.

Transit Number 81-499

Officers

Directors

Odus Carpenter _____ ________ President
J. M. Causbie—_____ ...V ic e President
Willene Brawley _____________Cashier

Willene Brawley
Odus Carpenter
J. M. Causbie

Horace Martin
V . McJunkins

STATEM ENT OF JUNE 30, 1947

Resources

Liabilities

Loans and discounts______ $104,740.01
Overdrafts _______________
44.08
U. S. Gov’t obligations___ 296,000.00
Other bonds and securities
2,753.16
Furniture and fixtures___
1.00
Banking h o u se ___________
1,000.00
Cash and due from banks. 173,204.40

Capital s t o c k ____________ $ 10,000.00
Surplus f u n d _____________ 10,000.00
Undivided p r o f i t s ________ 12,646.23
Demand dep o sits_________ 530,359.55
Time deposits_____________
3,920.06
U, S. Gov’t deposits______
1,481.25
Public fu n d s _____________
9,335.45
Total deposits__$545,096.31

Total _




$577,742.54

Total _

.$577,742.54

Thirty-Third Report

23

BANK OF ATKINS, ATKINS
Population, 1,322,

Pope County

Chartered September 19, 189*5.

Transit Number 81-215

O fficers
J. M. Barker
__
_ . President
J, M. Barker, Jr._
. Vice President
C. A. B arker.. __
__ . .-Cashier

C. A. Barker
J, M. Barker

Directors
J, M. Barker. Jr.

STATEMENT OP JUNE 30, 1947
Liabilities

Resources

Loans and di-mounts___ 8

l 0,231,87

( >veidraft.- . ____
1.014.77
418,800.00
lb S. Gov’t, obligations- .
Other bonds and securities
2,787.45
8 18.80
Furnitui < ant! fixtures
2,775,48
Banking ho mm _
_
498.884,93
Ca-di and due from banks
I tto;

...

8 30,0t<0.00
Capital stock
15,000.00
Surplus f u n d _______ -25,016.01
Undivided profits
928,498,29
Demand deposits ______
625.00
F . S. Gov’t deposits____
44,233,98
Public f u n d s __
T ota l d ep osits 8973,355.2 1

Total

G .<<43.371.28

-

81,043.371,28

THE B INK OF AVGUSTA, AUGUSTA
Populat ion, 2.235.

W oodruff County

Charteied February 20, 1935.
3,
W.
<>.
W,

Officers
II, Snapp___ _
__ President
M. Sale- - .Exec. Vice President
T, Beaslev . _
____Cashier
T. Mills. Jr.
As-t Cashier

Transit Number 81-718

Directors
George L. Beard
J. H. Snapp
Richard E. Gregory
C. R. Stacy
W. M. Sale

STATEMENT OP JUNE 30, 1947
Resources
[.cans and discount s . . . . >’ 279,725,22
Overdrafts ______ __ .
147.99
L\ S. Gov’t obligations, .
841,000.00
Other bonds and securities
188,488,75
Furniture and fixtures-918,35
Banking house ______
2,798.00
Cash and due from banks
319,908.89
Other resources
11,395.33
Total ____ - ____________ $1,844,972.33




Liabilities
Capital s t o c k __________ $ 25,000.00
Surplus f u n d ----------------50,000.00
Undivided profits ______
18,086.57
Demand deposits ______ 1,401,459.72
U. S. Gov’t deposits___ _
12,810.52
Public funds ___________
128,850.41
Total dep.__$l,543,120.65
Other liabilities ____ ___
8,785.11
Total _________________ $1,644,972.33

24

State of Arkansas: Bank Department

CITIZENS STATE BANK, BALD KNOB
Population, 1,445.

White County

Chartered January 22, 1931.

Transit Number 81-873

O fficers

Directors

J. W . Brown-----------------------President
H. A. W hitley________ Vice President

,T. W. Brown

Jennings Leggett

H. A. Whitley
E. D. Williams

E. D. W illiams^-Vice Pres. & Cashier
Mildred H a l l__________Asst. Cashier
0 . M. W illiams________ Asst. Cashier
STATEM ENT OF JUNE 30, 1947
Resources
Loans and discounts____$
U. S. Gov’t obligations.™
Other bonds and securities
Furniture and fixtures. _
Banking house ________
Cash and due from banks

Total

94,290.28
954,500.00
38,945.75
1,050.00

500.00
804,912.94

$1,894,198.95

Liabilities
Capital s t o c k ___________$
25,000.00
Surplus fund __________
20,000.00
Undivided p r o f i t s ______
5,973.81
Reserves ________________
3,000.00
Demand deposits _______ 1,452,684.02
U. S, Gov’t deposits____
3,585.40
144,892.50
Public f u n d s ___________
Deposits o f banks______
39,083.42
Total dep.__$l,640,225.34
,$1,894,198.95

Total

THE CITIZENS BANK, BEARDEN
Population, 981.
Chartered June 7, 1945.
Officers
Garland A n th o n y ____ _____ President
Carlton S m ith ________ .Vice President
R. W. Launius_______ _ Vice President
Hugh Thompson _____ _______ Cashier

Ouachita County
Transit Number 81-749
Directors
Garland Anthony
W. O. Proctor
Oliver Anthony
Carlton Smith
J. W. Gossett
Dr. H. F. Thompson
R. W . Launius

STATEM ENT OF JUNE 30, 1947
Resources
Loans and discounts_____ $ 83,898.49
U. S. Gov’t obligations___ 328,374.80
Other bonds and securities
9,247.99
Furniture and fixtures___
5,077.72
Cash and due from banks 149,904.93
Other reso u rce s _______ ._
88.13

Total ________ ____ _____ $574,571.86




Liabilities
Capital stock ______- ____ $ 25,000.00
Surplus fund _ _ .
__
6,500.00
Undivided profits .
5,864.18
Demand deposits
. _
487,861.06
U. S. Gov’t deposits.
1,229.56
Public funds _
_ 48,117.06
Total deposits _$537,,207.68
Total

_____$574,571.88

25

Thirty-Third Report

CITIZENS BANK, BEEBE
Population, 1,189,
Chartered June 21, 1917.
Officers
E. H. Abington
_ _
President
J, R. Sloan . _
_ Vice President
T. E. Abington
_ _ ...Cashier

White County
Transit Number 81-588
Directors
E. H. Abington
H. M. Dodds
T. E. Abington
J. R. Sloan
T. S. Dabney
J. C. Williams
Catherine C. Abington

STATEMENT OF JUNE 30, 1947
Resources
$162,333.66
Loans and discounts _
9.27
Overdrafts
_
__ ,
U. S. Gov't obligations___
9,200.00
900.00
Other bonds and securities
Furniture and fixtures__
1.00
1.00
Banking house
1.00
Other real estate
Cash and due from banks- 633,780.62
19.25
Other resources
.
.....
Total

__

. __

$806,245.80

Liabilities
Capital stock
-$ 25,000.00
Surplus fund
5,000.00
Undivided profits
- 1R136.26
Reserves
.
18,347.37
Demand deposits
_ 738,807.86
Public funds
_
7,954.31
Total deposits _$746,762.17
-

Total

-$806,245.80

BELLEVILLE BAN K, BELLEVILLE
Population, 411.
Chartered January 6, 1905,
Officers
J, C. Woodson----------------------President
Mrs. J. C, W oodson____Vice President
F. T. Moudy _________________Cashier

Yell County
Transit Number 81-294
Directors

J. C. Woodson
Mrs, J. C. Woodson
Carl Woodson, Jr.

STATEMENT OF JUNE 30, 1947
Resources
Loans and discounts_____ $ 20,621.98
Overdrafts ______________
58.86
U. S. Gov't obligations____ 197,400.00
Furniture and fixtures___
1.00
•Cash and due from banks- 121,351.34

Total _




.$ 339, 433.18

Liabilities

Capital stock ____________$ 10,000.00
Surplus f u n d ____________ 10,000.00
Undivided profits _______
6,720.23
Demand d e p o sits ________ 287,104.55
Public f u n d s _____________ 25,608.40
Total deposits _$312,712.95
Total _

.$339,433.18

State of Arkansas: Bank Department

28

BENTON STATE BANK, BENTON
Population, 3,502,

Saline County

Chartered February 9, 1934.
Officers
W, R. Alsobrook____________ President
W . A. S p r in g e r ______ Vice President
T. B. L y l e __________________ Cashier
W. M. Lawrence______ Asst. Cashier

Transit Number 81-711
Directors
C. E. Fish

Dr. H. B. Alsobrook

H. J. Singles
L. B, White
W . A. Springer

W. R. Stephens, Jr.
W . R. Alsobrook

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts____ f 536,674.53
U. S. Gov’t obligations. _ 1,604,415.66
Other bonds and securities 697,064.09
Furniture and fixtures
1,970.94
Banking h o u s e _________
3,245.12
Cash and due from banks. 908,274.60

Capital stock
25,000 .00
Surplus fund
155,000. 00
Undivided profits
4,079. 84
Reserves
1,501..26
2,484,440..66
Demand deposits
388,598..00
Time deposits
U. S. Gov’t deposits
16,958..13
Public funds
641,412,,68
Deposits of banks
34,654..37
Total d e p ...$3,566,063.84

T o ta l__________________ 13,751,644.94

13,751,644..94

Total

BANK OF BENTONVILLE, BENTONVILLE
Population, 2,359.

Benton County

Chartered February 25, 1931.

Transit Number 81-701

Officers

Directors

Arthur P. S m ith ____________President
Vol T. Lindsey-------------- Vice President
Fred D o u g la s-------------------------Cashier

Fred Douglas
Gordon Knott
Vol T. Lindsey
Vern Rife

T. Bryant Settle
Arthur P. Smith
Leta D. Smith

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts____ $ 371,554.09
U. S. Gov’t obligations. _ 1,545,513.09
21,500.00
Other bonds and securities
Furniture and fixtures. _
4,500.00
Banking h ouse__________
5,000.00
Cash and due from banks
795,533.67
759.62
Other resources ________

30,000.00
Capital S to ck ___________ 8
Surplus f u n d ___________
30,000.00
Undivided p r o fits ______
20,000.00
Reserves ________________
16,900.00
Demand deposits ______ 2.094.942.35
Time d ep o sits__________
178,190.39
U7 S. Gov’t deposits____
28,112.16
Public f u n d s ___________
337,585.03
Deposits of banks______
8.630.54
Total dep. .$2,647,460.47

Total




$2,744,360.47

Total

.$2,744,360.47

27

Thirty-Third Report

BANE OF BLEVINS, BLEVINS
Population, 831,

Hempstead County

Chartered August 12. 1912.

Transit Number 81-518
Directors

Officers
H. M. Stephens______ . . . ____ President
Herbert M. Stephens--Vice President

H. M. Stephens
Herbert M. Stephens

P. C. Stephens

P. C. Stephens_________ - ____ Cashier
Statement of June 30, 1947
Resources
Loans and discounts___80,888.53
U. S. Gov’t obligations-.__ 203,100,00
Other bonds and securities 12,500.00
Furniture and fixtures___
1.00
Banking h o u se _____ _____
800.00
Other real estate------- -----2.00
Cash and due from banks- 127,707.12
Other resources__________
152.54
Total _ _________ - ____ $424,949,19

Liabilities
.$ 25,000.00*
Capital s t o c k ____ _
. 12,500.00
Surplus fund _ __
. 10,589.20
Undivided profits
. 361,238.78
Demand deposits
.
4,856.00
Time deposits
127.97
U. S. Gov’t deposits
Public fu n d s _____
_ .. 10,637.24
Total deposits .$376,859.99

.1424,949.19

Total

FARM ERS BANK AND TRUST COMPANY, BLYTHEVILLE
Population, 10,652.
Chartered March 16, 1908.

Officers
B. A. Lynch ______
.
.President
F. E. Warren_________ Vice President
R. A. P orter.. .
..V ic e President
R L. Banister . ________

Cashier

Mississippi County
Transit Number 81-105

Directors
J. L. Cherry
C. A. Cunningham
I. R. Johnson
B. A. Lynch

C. A. Richardson
B. S. Simmons
F. E. Warren

Sta lenient o f June 30. 1947

Resource'.
Loans and discounts
$1,560,717.64
Overdrafts _____________
781.18
U. S. Gov't obligations.. 3,400.500.00
Other bonds and securities
73,069.08
Furniture and fixtures.
1.00

Liabilities
Capital s t o c k ___________ $ 150,000.00
Surplus f u n d ____________
150,000.00
Undivided p r o fits _______
212,161.36
Demand depositis----------- 6,748,002.91
Time dep o sits----------------933,466.57
U. S. Gov’t deposits........
25,991.00

Banking louse .
. .
Cash and due from oftrk-

‘V.ouu.OO
i 92.417.19 Public funds .......

Other resources . . .

39.879.48

___

Deposits of banks_______
Total d e p ...$8,382,825.73
Other liabilities_________

Total




$8,934,865.57

Total

408.959,57
266,405,68
39.878.48
$8,934,865.57

28

State of Arkansas: Bank Department

CITIZENS BANK, BOONEVILLE
Population, 2,324.
Chartered April 18, 1910.

O fficers
Mattie E d w a r d s __________ President
Abe W illia m s________ Vice President
Long John Williams_________ Cashier

Logan County
Transit Number 81-195
Directors
Paul X, Williams Chas. X, Williams
Mattie Edwards Long John Williams
Abe Williams
George R. Edwards

Statement o f June 30. 1947
Resources
'Loans and discounts____$ 763,532.40
O v e r d r a fts ______ _____
11,958.29
U. S. Gov’t obligations__
914,598.96
Other bonds and securities
301.03
Furniture and fixtures__
1.00
Banking house ._________
1.00
Other real estate_____ .__
3.00
Cash and due from banks
416,935.50

.$2,107,331.18

Total

Liabilities
Capital s to c k ___________ $
50,000.00
Surplus f u n d ___________
40,000.00
42,529.59
Undivided profits . . . ____
Demand d e p o sits______ $1,889,114.58
3,127.89
U. S. Gov’t deposits____
Public f u n d s ___________
82,559.12
Total dep. _$1,974,801.59
Total ___________ _____ $2,107,331.18

THE BANK OF BRADLEY. BRADLEY
Population, 409.
Chartered April 10, 1933.

Lafayette County

Transit Number 81-513

Officers

Directors

J. B. Edwards______________ President
Margaret R. Meek____ Vice President
J. W. Meek___________________ Cashier

J. B. Edwards
L. B. Hairmer

J. W . Meek
Margaret R. Meek

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts_____ 3114,236.53
Overdrafts _ ____________
82.16
U. S. Gov't obligations___ 157,500.00
Other bonds and securities 27,100.00
Furniture and fixtures ___
600.00
Banking h o u se___________
600.00
Other real estate_________
4.00
Cash and due from banks. 186,803.17

Capital stock _____________$ 25,000.00
Surplus f u n d _____________ 15,000.00
Undivided p r o f it s ________
7,748.36
Demand deposits ________ 370,093.26
U. S. Gov't deposits_____
1,262.86
Public fu n d s ______________ 67,821.38
Total deposits. _S439.177.50

Total




$486,925.86

Total

$486,925.86

Thirty-Third Report

29

BANK OF BRINKLEY, BRINKLEY
Population, 3,409,

Monroe County

Chartered January 17, 1903. Transit Number 81-191
O fficers
Andrew F lora________ .____President
Frank Andrews______ Vice President
John F, Cole___Active Vice President
Robert Moore_______________ Cashier

Directors
Frank Andrews
A. Rusher
Andrew Flora
W. W. Sharp
E, D. McKnight

Statement o f June 30, 1947
Resources
Loans and discounts____$ 344,501.03
Overdrafts _ ________ —
273.75
U. S. Gov’t obligations_ 1,138,498.72
Other bonds and securities 122,293.69
Furniture and fixtures2,181.08
Banking house ________
11,000.00
Other real estate_______
2.00
Cash and due from banks 632,790.81
1,525.85
Other resources _______
.$2,253,066.93

Total

Liabilities
Capital s t o c k ________ __$
50,000.00
Surplus f u n d __ _______
50,000.00
14,308.38
Undivided p r o f i t s _____
Demand d e p o s its ______ 1,613,473.08
Time d e p o s its _________
375,991.84
U. S. Gov’t deposits____
15,831.97
133,461.66
Public funds __________
Total dep___ $2,138,758.55
Total

.$2,253,066.93

BANK OF CABOT, CABOT
Population, 741.
Chartered March 23, 1903.

Lonoke CountyTransit Number 81-304

O fficers

Directors

Jake W . Lowman______ ___ President

J. C. Alexander
Fred B. Garlington-_Viee
President Jake W . Lowman
J. M. Park ------------------------------- Cashier Fred B. Garlington
Mildred Griffin_________Asst. Cashier
Mrs. Glendene James__Asst. Cashier

J. E. Gregory
O. H. Davis
J. M. Park

Statement of June 30, 1947
Resources
Loans and discounts____ $
Overdrafts ___________ _
U. S. Gov’t obligationsOther bonds and securities
Furniture and fixtures.
Banking h o u s e _________
Cash and due from banks
Total




492,726.13
214.63
662,500.00

51,896.86

1.00
2,501.00
482,654.02

$1,692,493.64

Liabilities
Capital stock ______ ____i ; 30,000.00
Surplus fund __________
60,000.00
19,663.54
Undivided p r o fits ______
Demand d ep o sits_______ 1,499,091.34
12,943.02
U. S. Gov’t deposits____
Public f u n d s __________
70,795.74
Total dep.__$1,582,830.10
Total

$1,692,493.64

30

State of Arkansas: Bank Department

STATE BANK OF CALICO ROCK, CALICO ROCK
Population, 738,
Chartered May 1, 1914,

Izard County
Transit Number 81-305

Officers

Directors

S. E. M cN eill____________ President
Dr. Noel J. Copp_____ Vice President
E. C. R od m a n _______________ Cashier
Roy P e rry m a n ________ Asst, Cashier

Dr. Noel J. Copp
L. E. Evans

S, E. McNeill
E. C. Rodman

Statement o f June 30, 1947
Resources
Loans and discounts____$ 140,341.18
Overdrafts _____________
1,393.31
U. S. Gov’t obligations-789,100.00
Other bonds and securities
8,000.00
Furniture and fix tu res-_
500.00
Banking h o u s e ________
1,200.00
1.00
Other real e s t a t e ______
Cash and due from banks
583,955.53
Other resou rces________
1,381.00
Total _________________ $1,525,852.02

Liabilities

Capital s t o c k ___________$
25,000.00
Surplus f u n d ___________
17,500,00
10,994.02
Undivided p r o f i t s ______
Demand deposits ______ 1,458,215.79
Time d e p o s its _________ .
3,957.17
Public funds ___________
Total dep.--$1,472,358.00

10,185.04

Total __________________$1,525,852.02

THE MERCHANTS A N D PLANTERS B AN K , CAMDEN
Population, 8,975.
Chartered March 4, 1931.

Officers
C. I. G ra y son ______________ President
H. T. Patton__________ Vice President
J. W. C o a n __________________ Cashier
E. L. Harrison________Asst. Cashier
P. W . Wooldridge______ Asst. Cashier

Ouachita County
Transit Number 81-96

Directors
Mike Berg
J. W . Coan
E. W . Copeland
C. S. Early

C. I. Grayson
H. T. Patton
W . F. Patton
John C. Watts

Statement of June 30, 1947
Resources
Loans and discounts____ $ 525,749.20
U. S. Gov’t obligations-- 2,401,000.00
Other bonds and securities 937,687.72
Furniture and fixtures __
1.00
Cash and due from banks 1,271,441.21
Other resources_________
1.00

Total




$5,135,880.13

Liabilities
Capital s t o c k ____ _____ ___ $ 100,000.00
Surplus f u n d ____________
50,000.00
Undivided p r o fits _______
77,005.16
Reserves _________________
50,000.00
Demand d e p o s it s ___ ____ 3,846,269.71
Time d ep o sits______ _____
662,091.39
U. S. Gov’t deposits____ _
52,519.13
Public f u n d s _____________ 293,490.93
Deposits of banks-._____ _
4,503.81
Total dep._$4,858,874.97
Total

$5,135,880.13

Thirty-Third Report

31

CITIZENS BANK, CARLISLE
Population, 1,080,

Lonoke County

Chartered December 22, 1930.

Transit Number 81-889

O fficers
Directors
Elmer Morris
F. E, Downs, Jr._____ ____President A. W, Birdsong
A. H. H u n t-____Exec. Vice President F. E. Downs, Jr.
F. M. Perkins
J. L. Woosley _____
Cashier J. M. Johnson
H. L. Perkins
Mary B u r n e tt________ Asst. Cashier
Statement of June 30, 1947

Resources

Liabilities

Loans and discounts____ $
99,713.98
U. S. Gov’t obligations__ 1,084,500.00
Other bonds and securities ' 3,500.00
Furniture and fixtures
1,731.00
Banking h o u s e ---- --------1,750.00
Cash and due from banks
310,783.57
Other resources_________
14.38

Capital stock _____ ____$
25,000.00
Surplus f u n d _________
25,000.00
Undivided p r o fits ______
26,556.32
Demand d e p o sits______ 1,349,955.89
14,026.70
U. S. Gov’t deposits____
Public funds __________
60,851.41
Total dep._. $1,424,834.00
Other lia b ilitie s____ ___

SI ,501,992.93

Total

602.61
$1,501,992.93

Total

BANK OF C A V E <TTY, CAVE CITY
Population, 427.

Sharp County

Chartered July 2. 1908.

Transit Number ’•>1-010

Officers

Directors
J. A . Carpenter Eagle Street
J. L. Lewsaw
Mrs. J. M. Street

Eagle S treet..... .................President
Mrs. J. M. Street-- - - . Vice President
•1. L. Lewsaw ____ . . . . . . Cashier
Jame- Street . __ ..
A,-st Cashier

Stir-muem of lime 2,11. 1P47
Resources

Liabilities

Loans and discounts______ 8123,089.59

Capital stock __________ ___$ 15,000.00
Surplus f u n d ______ ______
7,500,00

f ’verdraff-

..

..

47.61

U. S. Gov’t obligations... _ 488,531.25
2.500.00
Furniture and fixtures____
Banking h o u se ___ _______
5,000.00
Cash and due from banks. 179.773.72

Total ___________ ________ $769,942.17
* First preferred stock with par value
par value of $ 10,000.00.




Undivided profits . .
10,820.12
Demand deposits _____
725.472.60
U. S. Gov’t deposits__ _
790.63
Public funds _ ______________ 10,358.82
Total deposits_ $736,622.05

T o ta l___________ _____ __$769,942.17
$5,000.00 and common stock with

State of Arkansas: Bank Department

32

AM ERICAN STATE BANK, CHARLESTON
Population, 958.

Franklin County

Chartered June 29, 1910.

Transit Number 81-268

DlffirAre
HirA^tftFQ
H. E. Shumate
C. H. H i a t t ______________ President ' C. H. Hiatt
B. H. McDonald_______ Vice President
Clyde Hiatt
McLoud Sieard
Clyde H i a t t _________________ Cashier
B. H. McDonald Sam B. Stevinson
H. E. Shumate________ Asst. Cashier
Statement o f June 30, 1947
Resources
Loans and discounts____$ 486,294.58
3,088.22
O v e r d r a fts _________ ____
538,728.12
U. S. Gov’t obligations_
Other bonds and securities 21,614.62
1.00
Furniture and fixtures_
Banking h o u s e ________
1,500.00
Cash and due from banks 365,600.32
1.00
Other resou rces________

$1,416,827.86

Total

Liabilities
Capital s t o c k ___________$
Surplus f u n d _______

25,000.00
25,000.00

Undivided ' p r o f i t s _____
54,737.21
Reserves ____________
1,000.00
Demand d e p o sits______ 1,193,418.84
Time deposits__________
55,537.98
14,583.52
U. S. Gov’t deposits_____ .
Public fu n d s_____________
47,550.31
Total dep__ $1,311,090.65
$1,416,827.86

Total

B AN K OF CHERRY VALLEY, CHERRY V A L L E Y
Population, 500.
Chartered January 24, 1907.

Cross County
Transit Number 81-313

fii TiPArvi

IfirA^tnrQ

R. Eli H a l k _______________ President
W . M. Smith, Sr_______ Vice President
T. J. Pickett_________________ Cashier

R. Eli Halk
H. P. Maddox, Sr.

W . M. Smith, Sr.

Statement of June 30, 1947
Resources
Loans and discounts______ $115,118.54
Overdrafts _______________
31.90
U. S. Gov’t obligations____ 359,840.00
Furniture and fixtures___
1.00
Banking h o u se ___________
100.00
Cash and due from banks. 136,494.73
Other resources_________
483.22

Liabilities
Capital s t o c k ____________ $ 25,000.00
Surplus f u n d _____________ 10,000.00
Undivided p r o f i t s ________
5,937.60
Demand deposits_________ 540,537.21
Public fu n d s --------------------30,594.58
Total deposits_$571,131.79

T ota l ____________________$612,069.39

T o ta l______ _____________ $612,069.39




33

Thirty-Third Report

BANK OF CHIDESTER, CHIDESTER
Population, 508.
Chartered April 29, 1909.

Ouachita County

Transit Number 81-314
Directors
W . C. Stinnett

Officers
W . G. R u sh in g _____________President
T. H. B enton--_______ Vice President
C. B. Clingan_________ Vice President
W. C. Stinnett________________ Cashier
Laura Lee Aarant_____ Asst. Cashier

T. H. Benton
C. B. Clingan
Mollie E. Purifoy
W . G. Rushing

Beulah R. Taylor
J. T. Walker

Statement of June 30, 1947

Resources
Loans and d i s c o u n t s $ iU,714.11

Liabilities

Capital stock ------------------ _$ 10,000.00
218.70
Surplus fund _____________
11,000.00
Overdrafts ____________ .
U. S. Gov't obligations- ..
280.100.00 Undivided profits ________
4,304.89
Other bonds and securities 14.461.00 Demand deposits__________ 480,495.92
Furniture and fixtures.
900.00 Time deposits_____________
6,000.00
Banking h o u s e
____ .
900.00
U. S.Gov't deposits _______
258.70
Other real e s ta te --___ _
1.00 Public funds _____________
8,519.00
Cash and due from banks} 56,245.20 Total deposits _$495,273.62
------ ------------ Other resources - - ..
88.50

Tot a'

.

85*20,578.51

T ota l________ __________ $520,578.51

THE MERCHANTS A N D PLANTERS BANK, CLARENDON

Population, 2,551.
Chartered July 28, 1890.
Officers
S. J. Dean _____ _____________President
C. T. D o s s ____________ Vice President
W. H. Brown.-Vice President-Cashier
P. N. J a m e s __ - ___ _--A sst. Cashier

Monroe County
Transit Number 81-164

Directors
C. T. Doss

H. B. Bateman
W . H. Brown
S. J. Dean

Jas. F. Wolfe

Statement of June 30, 1947

L ia b ility
Loans and discount;- . - A
Overdrafts
______
.
U. S. Gov't obligations-Other bonds and securities
Furniture and fixtu res-.
Banking house____
Cash and due from banks

Total




: 98,545.64
82.07
774,079.24
147,300.90

2,868.00
7,000.00
221.995.93

.$1,351,871,78

Capital s to c k ____
. ...8
Surplus fund __ . . . __ _
Undivided profits
Demand deposits . . . . _
Time deposits ______
.
Public fu n d s__________ lo ta l dep.. _81,254,462.97

Total

50,000.00
20,000.00
27,408.81
991,798.56
75,925.29
186,739.12

.$1,351,871.78

34

State of Arkansas: Bank Department

CLINTON STATE BANK, CLINTON
Population, 915.

Van Buren County

Chartered October 16, 1946.
O fficers
Roy Lefler ------------------------ President
€. M, H o r t o n -------------Vice President
Howard Johnson, Exec, V. Pres.-Cash.
Garner M. Johnson____Asst. Cashier

Transit Number 81-758
Directors
Homer Brown
Roy Lefler
C. M. Horton
Arthur Lewis
Howard Johnson

Statement o f June 30, 1947
Resources
Loans and discounts____$ 206,748.13
U. S, Gov’t obligations-_
887,729.05
Other bonds and securities 108,248,45
Furniture and fix tu res-1,500.00
857,973.47
Cash and due from banks
Other resou rces________
467.98

.$1,622,667,03

Total

Liabilities
Capital s o t e k ___________$
50,000,00
Surplus f u n d ___________
10,000.00
Undivided p r o f i t s ______
9,603,07
Demand d e p o sits_________ 1,419,892,53
U, S. Gov’t deposits____
3,687.50
Public fund'? ___________
129,483,93
Tula! dep— 81,553,068.96
Total

.$1,622,667.03

FIRST STATE BANK, CONW AY
Population. 5,762.
Chartered February 8, 194*7
O fficers
W , D. Keteheside____________PreGdent

Thos. G, Wilsort-Exee, Vice President
N. H. S m iilu ._______________ Cashier

Faulkner Courtly
Transit Num* or "1-754
Directors
.1. 17 Edward.J. R, Ott
Edw, A. Halter Dave H, W ard
W . E. Jumper
Thos. G. Wilson
W. D. Keteheside

Statement of June 80, 1947
Resources
Loans and discounts____8 315,782,30
U. S. Gov’t obligations-_ 660,390.67
Other bonds and securities 53,970.90
Furniture and fix tu re s-7,670.29
Banking h o u s e ------------12,000,00
Cash and due from banks
481,614.55

Total




$1,531,428.71

Liabilities
Capital s t o c k ___________$
60,000.00
Surplus f u n d ___________
12,500.00
Undivided p r o f i t s ______
5,082,34
Demand deposits ______ 1,201,202.04
Time d ep osits___________
16,355.76
Public f u n d s ___________
236,288.57
Total d e p - -$1,453,846.37
Total

.$1,531,428.71

35

Thirty-Third Report

TH E C O IN IN G BANK, CORNING
Population. 1,610.

Clay County

Chartered January 29, 192] .
Officer >
E. Y an d cn er_________ __ President
Mr?. F. B. Sprague__ Vice President
G A, Lamb . . .Cashier

Transit Number 81-211
Directors
J. Sellmeyer
Mrs. F. B, Sprague
H. Talkington

L. G. Black
31. G. Hoffman

G. A. Lamb

II. X . Rateliffe

E. Yandover

vStai''menr of June Jo, l',J47

Resources
Liabilities
Loans and discount?- - 8 !<24 ,u2 7 .8 s
Capital s t o c k ______ ____ $
37,500.00
s Pi.OO'MH) Surplus f u n d ___________
37,500.00
XL S. Gov’t obligations..
Other bonds and securities
i'hd.'busn Undivided p r o fi t s ____ ___
50,347.21
1 PH*
Demand d ep osits__ _____ 1,905,036.64
Furniture and fixture.Banking h o u s e _____ ..
h, 500. Of* Time dep osits_______ _
114,594,44
Cash and due from banks
547.065.73 U. S. Gov’t deposits______
28,186.34
Public f u n d s _______ —
162,659.98
Total dep,_$2,210,477,40
Total ____ __________$2,335,824.61

Total ____________ ____ $2,335,824.61

B Y.XK OF CROSSETT, CROSSETT
Population, 4,891.

Ashley County

Crumim-ml Dc( ember 22. 1913,
O fficerE. t . Cro?-sett __
. . __ President
P. F. W a tzek ___ _
_ Vice President
Roy Dooley _ _ ........ ___
Cashier
C F.. Hannum.............. ..Ass1 Cashie*’

Transit Number 81-321

Directors
E. C. Crossett
William C. Norman
Roy Dooley
P. F. Watzek
K. O. Elderkin
S. A. Wilcoxon

Sfa"-nn.‘!'T i>f .L.iny :iu, U 4"
Resources
Leans and d i s c o u n t s . s 3.3.2.322.2b
U. S. Gov’t obligations.. 2,0 2 S,300.57
Other bonds and securities
30,886.25
Furniture and fix tu re s..
5,518.80
Cash and due from banks
625,499.75
Other resou rces________
7.00

Liabilities
Capital s t o c k ________ _ 8 50,000,00
Surplus f u n d ___________
80,000.00
Undivided p r o f i t s ______
47,760.00
Demand deposits ______ 2,035,553.67
Time d ep osits___________
652,479.86
U. S. Gov’t deposits____
9,904.91
Public funds __________
127.680.63
Total dep—_$2,825,619.07
Other lia b ilities________

Total




$3,022,534.65

Total

19,155.58
.$3,022,534.65

36

State of Arkansas: Bank Deportment

DANVILLE STATE BANK, DANVILLE
Population, 1,010.

Yell County

Chartered October 3, 1930.

Transit Number 81-700
Directors

Officers
John Ed Chambers_________President
Neil S im s _____________Vice President
Jim Bill G a t lin ______________ Cashier
J. F. Nunn____________ Asst. Cashier
Selma C. Gatlin________ Asst. Cashier

J. E. Chambers
J. W . Hull
John Ed Chambers Neil Sims
Jim Bill Gatlin

.Statement of

une 30, 1947

Liabilities

Resources
Loans and discounts______ $111,104.05
U. S. Gov't obligations____497.864.32
Other bonds and securities 49.488,76
Furniture and ^fixtures__
1.00
Banking h o u s e __________
1,00
Cash and due from banks_ 178,240.81
Other re so u rce s_________
1.00

Total

Capital stock___________ 8 2 5 .0 <'0 ,0 0
Surplus f u n d _____________ 15.000.00
Undivided p r o f it s ________ 15.899.65
Reserves__________________
2.000.0o
Demand d eposits_________ 644,198.35
U. S. Gov't deposits______
487.50
Public fu n d s ______________ 19,4.115.84
Total deposits--8778,801.19

__________ ______ $836,700.84

Total

__________________ $836,700.84

BANK OF DARDANELLE, DARDANELLE
Population, 1,807.
Chartered September 12, 1984.

Yell County

Transit Xuud er M-599

Officers

Directors

Thos. V. .Tones_________
__President
Garrett Jo n es_________Vice President
Garland D. Nichols___________ Cashier
Geraldine W a id _________Asst. Caliber

C. IL Grange
Garrett .Tones
Titos. V. .lanes

Garland lb X icr-G
Jimmie M ail;?

Statement ( f .Time 8<b 19 ;7

Resources
Loans and discounts___ 8
U. S. Gov’t obligations-_
Other bonds and securities
Furniture and fixtures-_
Banking house _________
Cash and due from banks

Liabilities
179,554.76
572,000.00

8.516.89
1.00

4,000.00
260.912.30

T o t a l _____ __________-$1,019,984.95




Capital stock ---------------$
25.u0u.,tn
Sin plus f u n d ____________
20.000.00
Undivided p r o fits ----------15.822,76
Demand deposits______ . 80S.885.87
Time deposits ---------------17,748.75
U. S. Gov't deposits_____
5.188.08
Public fu n d s ____________
67,889.99
Total deposits 8959,662.19
Total _________________$1,019,984.95

37

Thirty-Third Report

BANK OF DELIGHT, DELIGHT
Population, 481.
Chartered June 16, 1911.
Officers
C. E. J o h n s o n ___________ --President
Frank R e id __________ Vice President
D. ('. H u m p h ry______________ Cashier
Dorothy Johnson ______ Asst. Cashier

Pike County
Transit Number 81-326
Directors
D. C. Humphry C. E. Reid
C. E. Johnson
Frank Reid
J. M. May

Statement o f June 30, 1947
Resources

Loans and discounts ... $1 OS, 733.61
Overdrafts ------------------------------- 179.06
Y, S, Gov’t obligations
. _ 716,600.00
Other bonds and securities
7,910.12
Furniture and fixtures- .
1.00
Bunking h o u s e __
..
1.00
< ash and due from bank's- 269,029.27

T )tal

..

8594,456.76

Liabilities
Capital s t o c k ______________ 25,000.00
Surplus f u n d ____________ 10,000.00
Undivided p r o fit s ________
4,914.90
Demand d e p o s its ________ 543,220.40
Time d e p o sits __________
410.80
U. S. Gov’t deposits______
131.25
Public f u n d s -------------------- 10,776.41
Total deposits _$554,538.86
T o t a l_______________ ___$594,453.76

DERMOTT STATE BANK, DERMOTT
Population, 3,083.
Chartered July 8, 1935.
Officers
John B a x te r
_________ .President
W. F. Pierce_________ Vice President
Clarence H o r t o n ______ ______ Cashier
Jessie B. Downey._____ Asst. Cashier

Chicot County
Transit Number 81-720
B. E. Barlow
John Baxter
W . H. Bynum

Directors
W. E. Lephiew
W. F. Pierce

Statement o f June 30, 1947
Resources
Loans and discounts-__ $
U. S. Gov’t obligations __
Other bonds and securities
Furniture and fixtures__
Banking house __________
Cash and due from banks

Total




473,315.41
920,065.00
110,405.80
750.00
1,750.00
363,014.05

$1,869,300.26

Liabilities
Capital s t o c k __________ $
50,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fi t s ______
24,868.47
Demand deposits ______ 1,149,250.11
Time dep osits__________ , 265,425.62
U. S. Gov’t deposits_____
26,982.85
Public fu n d s --------------— , 302,773.21
Total dep— $1,744,431.79
Total

.$1,869,300.26

38

State of Arkansas: Bank Department,

FARM ERS AND MERCHANTS BANK, DES ARC
Population, 1,410.
Chartered January 20, 1902.

Prairie County
Transit Number 81-283

O fficers
Henry N ich ols______________President
L. R. Brown_Vice President-Cashier
N. R. Kirkwood____ __Asst. Cashier

L. R. Brown
Henry Nichols

Directors
S. R. Nichols

Statement of June 30, 1947
Resources
Loans and discounts____ $ 106,528.20
U. S. Gov’t obligations-730,300.00
Other bonds and securities
4,745.49
Furniture and fixtures-_
1.00
Banking house---------------1.00
Other real estate-----------1.00
Cash and due from banks
221.817.04
Other resources-------------247.83

Liabilities
Capital s to c k ___________ l
Surplus f u n d ___________
Undivided p r o fits ______
Reserves ________________
Demand deposits________
Time d ep o sits__________
Public fu n d s_____________
Total deposits $988,016.31

2 m). GO

Other liabilities

$1,063,141.62

Total

25.000. 06
35.000. 00
9,475.26
5,364.05
717,977.18
66,750.50
203.2S8.63

,$1,063,141.62

Total

DeW ITT BANK AND TRUST COM PANY, D eV IT T
Population, 2.498.

Chartered March 1. 1929.

Arkansas CountyTransit Number 81-245

Officers
W . F. Sehallhorn_____ ____ -President
R. H. Maddox— Vice Pres. & Cashier
Julian B ro w n _________ Asst. Cashier
H. S. Stephenson_______ Asst. Cashier

A. G. Bauer
G, W, Hall

Directors
W . F. Sehallhorn
C. L. Whitmore

R. H. Maddox

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts------ $ 878,127.42
U. S. Gov’t obligations— 1,017,500.00
Other bonds and securities 475,800.90
Furniture and fixtures—
1.00
Banking h o u s e __________
6,000.00
Other real estate ________
1.00
Cash and due from banks 1,796,139.94
Other resources_________
1.00

Capital s to c k ------------------$ 100,000.00
Surplus fund __________
60,000.00
Undivided profits _______
50,273.08
Demand deposits ______ 3,449,660.16
Time d ep o sits__________
267,728.33
U. S. Gov’t deposits_____
39,120.28
Public f u n d s ___________
206,789.41
Total dep.__$3,963,298.18

Total




$4,173,571.26

Total

,$4,173,571.26

Thirty-Third Report

39

BANK OF DIERKS, DIERKS
Population, 1,459.

Howard County

Chartered February 7, 1906.

Transit Number 81-828

Officers
Directors
M. G. Bock
Mrs. Lula Westbrook
Lewis M. L a y e r __________President
T. F. Westbrook, Vice Pres. & Cashier
Lewis M. Layer
T. F. Westbrook
Mrs, Opal Simmington__Asst. Cashier
Mrs. Lydia G. Layer
Statement o f June 30, 1947
Resources
Loans and discounts______ $ 77,173.65
U. S. Gov’t obligations____ 400,000.00
700.00
Furniture and fixtures___
Banking h o u se ________
1,700.00
Cash and due from banks- 226,870.37
Other resources __________
1,700.00

Total

....

.

.

Liabilities
Capital stock *__________ __$ 25,000.00
Surplus f u n d ____________
3,000.00
Undivided profits ________
6,000.97
R eserves __________________
12,500.00
Demand deposits_________ 636,999.76
Time d e p o sits ______ _____
1,278.08
Public funds _ _ _ _________
23,365.21
Total deposits _$661,643.05

Total

-8708,144.92

_________________ $708,144.02

* First preferred stock with par value uf $1 5 .0 0 0 ,0 0 and common stock with
par value o f $ 10 ,1*0 0 .0 0 .

BANK OF DOVER, DOVER
Population. 493.

Pope County

1'hartered September 29, 1905.

Transit Number Sl-829

Directors

Officers

John E, Moore .

President
T. C. Campbell___ __
Vice President
W . M. Wallace _____ ____
Cashier
Helena Wilson

.

_. .

.

Asst

T. C. Campbell
L. J. Churchill

John E. Mooie
W . M- Wallace

S. F. McCain

Cashier

Statement of June 30, 1947

Resources
Loans and discounts____ ..$104,299.48
U. S. Gov’t oblgiations____ 179.100.00
Other bonds and securities
2.872.86
Furniture and fixtures___
475.00
Banking house ___________
4.000.00
Cash and due from banks- 160,268.47

I.(abilities
Capital stock______________$ 25.UOO.OO
Surplus fund ____________
10,000.00
Undivided profits _______
1,705.03
Demand deposits_________ 391,474.13
U. S. Gov’t deposits______
883.11
Public fu n d s ______________ 21,953.54
Tata] deposits $414,310.78

T o t a l_____ ______________ 1451,015.81

Total - ______________ ____$451,015.81




40

State of Arkansas: Bank Department

MERCHANTS AND FARMERS BANK, DUMAS
Population, 2,023.
Chartered May 10, 1901*.
Officers
Walton H. Rice ___________ President
Ray Maxwell________ Vice President
Edgar C. Ganna w ay________ Cashier
Juanita Rowland______ Asst. Cashier

Claud T. Frank_______ Asst. Cashier

Dosha County
Transit Xu nit ter 81-000
Directors
J. L. McKetinon
R. A. Pickens
D. O. Porter
Jack S. Dante
O. L. Puryear
E. C. Gannaway Walton H. Rice

R. A- Adcock
J, E. Allmon
R. F. Cox
Ray Maxwell

Lamar Williamson

Statement of June 30, 1947
Resources

Loans and discounts___ 9
U. S. Gov’t obligations-Other bonds and securities
Furniture and fixtures- _
Banking h o u s e ________
Cash and due from banks
Other resources _______

T otal_____—

578,1134.02
794,800.00
152,802.84
1,955.22
5,500.00
508,751.49
3,859.47

_____ $2,045,703.04

Liabilities
Capital stock _________
50,000.00
Surplus fund _________
50,000.00
Undivided profits _____
57,134.72
Reserves _
2,000.00
Demand deposits ______ 1,336,796.72
Time deposits_________
205,887.71
U. S. Gov’t deposits___
9,323.58
Public fu nds--------------329,560.31
Deposits o f banks ____
5,000.00
Total dep.__.$1,886,568.32
T o tal_______________ $2,045,703.04

EARLE STATE BANK, EARLE
Population, 1,872.
Chartered April 24, 1947.

Crittenden County
Transit Number 81-204

Officers

E. Bird-------------President M. E. Bird
W. M. Waters— i ------Vice President B. G. Dickey
Mrs. Mary F. Fulwood_______ Cashier L. S. Young
M,




Directors

Everett Hood
W. M. Waters

OPENED FOR BUSINESS JULY 14, 1947

Thirty-Third Re-port

41

THE EXCHANGE BANK AND TRUST COMPANY, EL DORADO
fTpr.iat ion. Ir>,8.r>s.
< bartered L.i-n.-! 12, 1ATI,
i ■«
I •. R.
i , X.
f : . B,
\ E,

Officer-.
E. Hurley . __ ___
Juine*.__. ___ Vice
Barton_ . __ Vice
Axuni
__
Lawton ___

President
President
President
Cashier
Cashier

Union County
Transit Number 8l-f>6>*
Directors
€. X . Barton
D. R, James
T, H. Barton
R. E, Meinert
Louis K. Hurler Chas. H. Proetz

Statement o f June 80, 194?
Resources
Loam and discounts _ A 1.''88.402.14
U. S. Go\’t obligations. 1.467.585.35
Utue: oonds and securities
127,474.00
Fr.rnitu’v and fixtures
4,234,21
and due from hank. 1.**52.148.50

Total

_ __ _________ $4,889,899.98

Liabilities
Capital stock __________
100,000.00
Surplus fund __________
100,000.00
Undivided profits _____
51,812.38
Reserves _ ------------------8,500.00
Demand deposits
___ . 3,784,228.11
Time d e p o s its _________
221,301.23
U. S. Gov’t deposits____
38,618.42
273,216.44
Public funds __________
Deposits of b a n k s ___,___
14,227.42
.Total dep._ .$4,331,587.62
Total

_ __________ ___$4,589,899.98

BANK OF ELKINS, ELKINS
Population 350.
Chartered June 1, 1912.
O fficers
J. E. Bunch____President & Cashier
Clyde W est__________ Vice President
Oscar W est_______ _____ Asst. Cashier

Washington County
Transit Number 81-506
Directors
J. E. Bunch
Roe Stokenbury
J. C. Reed
Clyde West
J. P. Stokenbury

Statement of June 30, 1947
Resources
Loans and d is co u n ts ____$151,211.00
U, S. Gov’t obligations-- 581,300.00
Furniture and fixtures __
590.48
Banking house ____
1.00
Other real estate_____ ___
1.00
Cash and due from banks 155,152.02

Liabilities
Capital stock* __________
25,000.00
Surplus fund __________
10,000.00
Undivided profits ______ _ 6,543.22
Reserves _ --------------------6,000,00
Demand deposits _____— 590,165.04
Time d e p o s it s __ ___,_____ 215,547.24
Public funds _____
35,000.00
Total deposits _$840,712.28

Total _ _______________ $888,255,50
Total - ______________-$888,255,50
♦First preferred stock with par value of $6,000.00 and common stock with
par value of $19,000.00.




42

State of Arkansas: Bank Department

BANK OF ENGLAND. ENGLAND
Population. 2,027.

Lonoke County

Chartered August 2.'!, 1898.

Transit Number H -213

Officers
E. A. Carl L e e ____________ President
B. F, Murchison______Vice President
Seth Boles, J r---------------------- Cashier
H. P, Bell_____________Asst. Cashier

Seth Boles, Jr,
E. A. Carl Lee
L e w is

Directors
D. P. Mashburn. Jr.
B. F. MurchLon

Rauton

Thomas Murehis -n

Statement o f June 30. 1947
Resources
Loans and discounts
U. S. Gov't obligationsOther bonds and securities
Furniture and fixtures_
Banking h o u s e ________
Other real e s t a t e ______
Cash and due from banks
Other r e s o u r c e s _______

Liabilities
Capital stock _________
Surplus fund _________
Undivided profits _____
Demand deposits ______
Time d e p o s its _________
Public funds ___________
Total dep__ 81,010.269.56

520,737.89
351,064.25
2.953.57
1,00
5,000,00

1.00
253,438.38

1.00

$1,133,197.09

Total _

25,000,00
40,000,00
51,927,53
910,993.22
24,159.83
81,116.71

Total _

$1,133,197.09

THE CITIZENS BANK, ENGLAND
Lonoke County

Population, 2,027.
Chartered January 14, 1931.

Transit Number 81-492

Officers

Directors

Ben B. Morris____ ,_______ President
Lois Rutherford-Vice Pres. & Cashier
J. O. DuPree__________ Asst. Cashier

W. G. Cunning
Ben B. Morris

Lois Rutherford
J. E. Swaini

Statement of June 30, 1947
Resources

Liabilities

Loans and discounts___ $ 234,327.65
Overdrafts _ _________
31.57
U. Si Gov’t obligations. 874,100,00
Furniture and fixtures __
1.00
Banking house _______
1.00
Other real estate______
4.00
Cash and due from banks 413,083.61
Other resources _____
1.00

Capital stock _________
30,000.00
Surplus fund__________
30,000.00
Undivided profits______
41,115.09
Reserves ______________
16,048.61
Demand deposits ______ 1,248,738.25
Time deposits ___ .______
7,477.72
U. S. Gov’t deposits___
15,490.69
Public funds __________ 132,679.47
Total dep-.$1,404,386.13

Total




$1,521,549.83

Total

.$1,521,549.8?

Thirty-Third Report

43

THE EUDORA BANK, EUDORA
Population, 1,808.

Chicot County

Chartered December 23, 1930.
Officers
W. W. G ru b b s __________ President
C. B. B ow m an ________ Vice President
Sam Bowman _____________ Cashier
Ben B r o w n _____ •
______ Asst. Cashier

Transit Number 81-334

Directors
A. G. Anderson W. W. Grubbs
C. B. Bowman
J. M. McLeod
Sam Bowman
H. F. Scott
E. T. Fashion
R. T. Stephenson

Statement of June 30, 1947
Resources
Loans and discounts____$
Overdrafts _____________
U. S. Gov’t obligations-Other bonds and securities
Furniture and fixtures-_
Banking h o u s e ________
Cash and due from banks

270,038.15
81.20
589,200.00
225,522.77

1.00
5,000.00
372,688.33

Liabilities
Capital s t o c k __________ J
50.000. 00
Surplus f u n d __________
25.000. 00
Undivided p r o f i t s _____
42,525.07
R e s e r v e s _______ ________ _
7,500.00
Demand deposits________
955,633.23
Time d e p o s its _________
212,767.12
U. S. Gov’t deposits___
18,463.75
Public funds__________
150,642.28

Total dep.__$1,337,506.38
$1,462,531.45

Total

T o t a l ______ - _________$1,462,531.45

BANK OF EUREKA SPRINGS. EUREKA SPRINGS
Population, 1,770,
Chartered May 4, 1912.
Officers
C. A. Fuller ______ _________ President
Ray Freeman_____ ___ Vice President
D. Simpson _________________ Cashier

Carroll County
Transit Number 81-472
Directors
Ray Freeman L. G. Roark
C. A. Fuller
D. Simpson
Dr. J. F. John Richard R. Thompson

Statement of June 30, 1947
Resources
Loans and discounts_____ $154,667.54
1,222.11
O v erd rafts_______________
U. S. Gov’t obligations___ 539,460.00
Other bonds and securities 16,452.00
Furniture and fixtures___
4,864.78
Banking h o u s e _________
1,800.00
Other real estate________
1.00
Cash and due from banks- 241,230.18
Other re so u rce s __________
122.00
Total — — _______ ----$959,819.61




Liabilities
Capital s t o c k ______________ 25,000.00
Surplus f u n d _____________ 20,000.00
Undivided p r o fits ________
8,743.06
Demand deposits
___
651,116.19
Time d e p o sits__________
178,284.64
U. S. Gov’t deposits______
7,568.34
Public f u n d s _____________ 69,107.38
Total deposits -$906,076.55
Total - ______ - ______ ___ $959,819.61

State of Arkansas: Bank Department

44

BANK OF EVENING SHADE, EVENING SHADE
Population, -147.

Sharp Comity

('hartered February 5. J901.
Officers
.1. O. Lama si__________ __ President
Otto Cathey__________ Vice President
E. B. Metcalf______________ Cashier
J. B. M etcalf__________ Asst. Cashier

Transit Number XI-346

Directors
Otto Cathey E. 11. Metcalf
J. M. Causbie O. S. Westmoreland
J. 0 . Taman

Statement o f June 30, 1947
Kev.nirreiLoans and discounts--------- $ 3l.09K.83
U S. Gov’t obligations___ 335,030.40
2,007.37
Other bonds and securities
1.00
Furniture and fixtu res__
1.00
Banking h o u s e __________
Cash and due from banks... 182,344.27

Liabilities
8 10 , 000,00
Capital stock
Surplus fund
. 11, 000.00
Undivided profits__ ______
1,439.25
Reserves _________________
415,81
Demand deposit:- . ______ 444,455.10
Time deposits __________
3.00
Public f u n d s _____________ 84,429.01
Total deposits^ _$528,887.71

.$551,742.77

Total

Total

$551,742.77

MelLKOY BANK, FA YE TTE V ILLE

Population, 8,212.

Washington County

Chartered December 24, 1892.
Officers
Hayden Mcllroy -----------------President
James H. Kays_V. Pres. & Tr. O fficer
Berry V a u g h a n ______ Vice President
J. B. McConnell--Vice Pres. & Secy.
Powers L. Fowler.Asst, V. President
Eleanor Sheppard______ Asst. Cashier
R. E. Buck_____________Asst. Cashier
Zelma W. Farm er______ Asst. Cashier

Transit Number 81-87

Directors
R. D. Bogart
Herbert L. Thomas
Med Cashion
Berry Vaughan
J. K. Gregory
Clifton Wade
James H. Kays Marion Wasson
J, B. McConnell W. C. W hitfield
Hayden M cllroy Paul Young
George Melbotirn

Statement o f June 30, 1947
Resources
Loans and d iscou n ts____$2,553,920.67
Overdrafts _____________
986.66
U. S. Gov’t obligations-- 3,070,314.95
Other bonds and securities 417,235.17
Furniture and fixtu res,
26,896.07
Banking h ou se________
62,953,28
Cash and due from banks 1,958,628.52

Other resources_______

Total



3,460.81

.$8,094,396.13

Liabilities
Capital s t o c k ___________$ 100,000.00
Surplus f u n d __________
100,000.00
Undivided p r o f i t s ______
136,222.37
R e s e r v e s ____________
74,034.79
Demand deposits ______ 4,705,631.22
Time d e p o s its _________ 1,178,228.60
U. S. Gov’t deposits____
121,544.54
Public f u n d s _______ .___ 1,123,531.09
Deposits o f Ranks______
555,203.52
Total dep--$7,684,138.97
Total

.$8,094,396.13

Thirty-Third Report

45

FORDYCE BANK AND TRUST COMPANY, FORDYCE
Population, 0,420.

Dallas County

Charioted January S, 1931.
Officers
President
L. L. Trussell ______
C, F. S tu r g is ________ Vice President
E. C. Benton__Active Vice President
Paul Offutt ________________ Cashier
Jack Hearnsberger_____Asst. Cashier
Mrs. M. S, Smith__ ___ Asst. Cashier

Transit Number 81-127
Directors
Oliver Anthony Paul Offutt
E. C. Benton
YV. D. Stell, Jr.
H. B. Benton
C. F, Sturgis
H. E. Dedman
L. L. Trussell
B. A, Mayhew
S. A. Williams

Statement o f June 30, 1947
Resources
,214.90
Loans and discounts.. .$
077.38
Overdrafts * * .. ______
U. S. Gov’t obligations-. 1. 117 ,900.79
Cither bonds ami securities 158 .375.34
207.80
Furniture and fixtures.
,574.46
____ _
Banking house
720 .329.33
Ca sh and due fro m banks

Liabilities
Capital s t o c k ______ ____ ^ 50,000.00
Surplus fund ______ 50,000.00
Undivided p r o f i t s ___
56,430.26
R e s e r v e s_____ . _.
3.420.47
1.754.391.85
Demand deposits __
Time deposits . __ „ _
521,254.65
26,023.66
U. S. Gov’t deposits Public funds ____
175.865.34
5.893.77
Deposits o f banks___ _
Total dep. --$2,483,429.2'

Total ________________ $2,643,280.00

Total - _______________ $2,643,280.00

PL IN TERS BANK AND TRUST COMPANY, FORREST CITY
Population. 5,699.
*’ hair.o-ed Api s! 15. 1921.

Officers
Dean
I‘ resident
J, B. Fletcher. Exec Vice President
. V 'ce President
C. T. 1>oss__
G. B. F og g
. .Cashier
Ass . Cashier
Dione Kennedr
. As< . CaCner
J. If. Calhoun
S. ,1.

St. Francis County
Trail':!5 Numbc si 1 l.:

Directors
r. X. } Iaeon
B. Belshe
Henr\ T. Haven
O. <'rowdy
J. Dean
Louis F. Haven. Jt.
T. Do<s
Mis. II. B. Rol linson
B. Fletcher
Sam Sharpe
( ’ . C. Fogg
K. R. Wilkerson
II. \V. Gregory Jamio F \Y«.]f,.

E.
J.
S.
C.
J.

Statement o f June 30. '937
Resources
Loans and discount'-____31.623,221.94
Overdi afts . - 817.30
U. S. Gov’ t obligations-- 1,870,100.01
Other bonds and securities 356.375.06
Furniture and fixtu res*.
4,790.00
Other real estate
12,100.00
Cash and due from banks
1*77.113.58
Other resources
..
7,511.26

Liahilitie"
Capital stock _
lutl.oOO.Od
Surplus fund - __ ___
5(1,000.00
Undivided profits
_ __
51,434.49
Reserves _______
18,507.77
Demand deposits
* - . . 2,933,218.50
Time deposits _______
828,649.22
IT. S. Gov’t deposits* *
45,937.96
Public funds __
__ - .
806,809,00
Deposits o f banks-* _
21.972.16
Total dep. *$4,180,586,.84

T otal__________ - — -$4,351,529.10

T otal_____________ --$4,351,529.10




46

State of Arkansas: Bonk Department

ARK AN SA S V ALLEY TRUST COMPANY, FORT SMITH
(Not engaged in commercial banking)
Population, 06,584.

Sebastian County

Chartered February 12, 1906.
Officers
Frank W . Youmans _______ President
Leon E. W erntz______ Vice President
Mrs. Walter T, Gosman
Secretary-Treasurer

Evangel T atu m ._Asst, Sec.-Treasurer

Transit Number 81-571
Directors
Harry P, Daily
Ander K. Orr
S. Bernie Harpet R, J. Speer
Dr, E. C.Moulton Leon E, Werntz
Dr. H. Moulton
Frank W. Youmans
Jerome Ney

Statement of June :.n, 1:M7
Resources
Loans and d is co u n ts ------$161,929.94
Othei bonds and securities
1.500.09
Furniture and fixtures . _ 14.162.s55
Banking* h o u s e __________
69,238.07
100.On
Othei real estate________
Cash and due from banks. 55,548.66
Other resources _________ 171,307.07
Total _ ________________ >413,840.39

Liabilities
Capital .stock . __________ 150,000,00
Surplus fund ____________ 30,000.00
Undivided p r o f i t s _______
33.596.27
Reserves . ______________
1*3,217.98
Other liabilities _________ 184,032.14

Total _ ___

. . . _____>413.840.39

THE BANK OP FRANKLIN, FRANKLIN
Population. 100.
Chartered June 13, 1905.
O fficers
W . A. Gaston______________ President
J. W . Cooksey________ Vice President
R. M. Standerford__________ Cashier
Estelle Gaston________ Asst. Cashier

Izard County
Transit Number 81-338
J. S. Box
J. W . Cooksey
W . A . Gaston

.Directors
Sallie M. Simpson
E. M, Standerford

Statement o f June 30, 1947
Resources
Loans and discounts_____ $109,9315.99
Overdrafts _ ____________
22.57
U. S. Gov’t obligations____ 76,550.00
Other bonds and securities
2,641.32
Furniture and fixtures__
1.00
Banking h o u s e ___________
1.00
Cash and due from banks 59,051.89
Other re so u rce s-------------306.00

Liabilities
Capital s t o c k ___________
10,000.00
Surplus f u n d _______
6 ,000.00
Undivided profits ______
4,346.78
Demand deposits ________ 217,101.61
U. S. Gov’t deposits_____
801.96
Public funds ____________ 10,260.42
Total deposits _$228,163,99

Total _ _______________ $248,510,77

Total _ _______________ $248,510.77




47

Thirty-Third Repo rt

BANK

OF GLEN WOOD, GLENWOOD

Population. S54.

Pike County

Charteied December 27, 1912.

O fficers
— . President
John Golden------777 A. O’N eal_____ .W ir e President
9 I . Pinkerton- Vice President
Rufu< B, Paslay. ____
. Cashier
I>ons Hutchings.
Cashiei

Transit Number 81-343

Directors
R. W . Brakefield W . A . O’Neal
C. R, Cantrell
Rufus B. Paslay
John Golden
J. L. Pinkerton
G. S. Lindsey

.Statement of June 30, 1947
Resources
Loans and discounts___ •< -7 M 162.04
Overdrafts - ____ - .
45.31
If. S. Gov't obligations-.
" * 5 2 ,2 5 1
hither bonds and seeuriCe?
6,43k.00
Furniture and fixtures 1.00
Banking house _______
1.00
Cash and due from bank’27,413.94
A ther resou rces
.
1,00
T-'ta'

..

....

Liabilities
Capital stock
____ ___
25,000.00
Surplus f u n d _______ ___
15,000.00
. Undivided p r o f i t s _____
15,301.40
Demand d e p o s its ___ ___ 1,005,878.07
Time d e p o s its _________
125,782.13
Public f u n d s ___________
15,074.09
Total dep.

_$1,146,512.29

-------------- ——

. <iA*B,si:UA

Total

-

-________ ____ $1,201,813.69

BANK OF GRAVETTE, GRAVETTE
Population, 865.

Benton County

Chartered February 28, 1898.
Officers
J. T. Edmondson. ________ President
Philo Rodgers____.____Vice President
Tom Cawood________________ -Cashier

Uther Kindley________ Asst. Cashier

Transit Number 81-289
Directors
Stokes Ballard
Allen McAllister
Tom Cawood
C. E. McAllister
J. T. Edmondson
Philo Rodgers
J. T. Edmonson, Jr.

Statement of June 30, 1947

Resources
Loans and discounts . ■< 3 3 .”.,4*38.09
Overdrafts _____________
1,855,30
17 S. Gov’t obligations- ..
6*4,500.00
Other bonds and securities
7,438,11
Furniture and fixture*27815.00
Banking house
.
5.500,00
Othei real estate ______
1.00
< a~b and due from bank96.7,834.74
Total

.




..

<1,69L412N4

Liabilities
Capital stock __________
25,000.00
Surplus fund _______
25,000.00
Undivided p r o f i t s ____ ___
18,233.10
Demand d e p o sits________ 1,553,548.34
Time d e p o s its -------------64,944.05
Public funds _________ _
12,687.35
Total dep, -§1,631,179.74
---------------- -—T o t a l _____ ___________§1,697,412.84

48

State of Arkansas: Bank Department

FARM ERS BANK, GREENWOOD
Population, 1,219.

Sebastian County

Chartered August 7, 1907.
Officers
W. N. Wilkinson__________ President
I. M. McClendon______ Vice President
Means Wilkinson Vice Pres. & Cashier
Alice Holland_________ Asst. Cashier
Geo. A. Henry________ Asst. Cashier

Transit Number 81-228
Mrs.
C. 0 .
J. L.
Grey

Directors
W. Lee Been 1. M. McClendon
Bell
Means Wilkinson
Johnson
W. N. Wilkinson
McClendon

Statement o f June 30, 1947
Resources
Loans and discounts____$
U. S. Gov’t obligations___
Other bonds and securities
Furniture and fixtures_
Banking house ________
Other real estate_______
Cash and due from banks
Total

Liabilities

270,539.67
615.500.00
105.575.00
2,000.00
1.00
1.00
419,643.81

.$1,413,260.48

Capital s t o c k ___________!
Surplus f u n d ___________
Undivided p r o f i t s ______
Demand d ep osits_______
Time d e p o s its _________
Public f u n d s __________
Total dep._-$1,337,605.38
Total

25.000. 00
25.000. 00
25,655.10
946,138.44
208,944.76
182,522.18

.$1,413,260.48

THE FIRST BANK, GRIFFITHVILLE
Population, 224.
Chartered November 6, 1905.
Officers
James A. Neaville, Sr-------- President
James A. Neaville, Jr._Vice President
Ralph N e a v ille ______________ Cashier
Mrs. Carol G riffin _____ Asst. Cashier

White County
Transit Number 81-347
Directors
Mrs. Claudia L. Grissom
James A. Neaville, Jr.
James A. Neaville, Sr.
N. B. Smith

Statement o f June 30, 1947
Resources
Loans and discounts______ $ 37,301.65
U. S. Gov’t obligations___ 120,000.00
300.00
Furniture and fixtures___
Banking house ___________
1,200.00
Cash and due from banks- 149,212.28

Total __________________ $308,013.93

Liabilities
Capital sto c k * ____________$ 8,500.00
Surplus f u n d ___________
1,500.00
Undivided p r o f i t s ______
4,310.13
Reserves _______________
1,799.08
Demand d e p o s its ________ 280,878.19
Time d e p o sits ____________
538.46
U. S. Gov’t deposits______
18.75
Public f u n d s _____________ 10,469.32
Total deposits -$291,904.72
Total __________________ $308,013.93

*First preferred stock with par value o f $5,000.00 and common stock with,

par value o f $3,500.00.




TMrty-Third Report

49

CLARK COUNTY BANK, GURDON
Population, 2,045
< bartered A m r ^ i

i, PNC,

Officers
F. IL Rudolph
,
President
\V. 1. \Yilkie_ - . Vice President
W, Roy Abbott, . .
- __ Cashier
Mrs. f.ewGvn Kdwaid' Amt <’ashiei

Clark County
T ran sit Number 81-149
Direchu-

W. Rov Abbott H. T. Ross
Earl II. Frizzell F. II. Rudolph
,1. E. McMillan W. I Wilkie

Statement of •Jum IP. 1947
Resources
Loans and discounts
_ 9369,189.33
Overdrafts
............ - . .
4.17
1T, S. Gov't obligations - _ 22tj,200.00
Other bond? and securities 08,975.00
Furnitui e and fixtures. _
0.456.05
("ash due from banks. - 289,346,13

inabilities
Capital stock __________ $ 25.000.00
Surplus fund _____
18,000.00
Undivided profits _____ . 16.014.49
R eserves_____________ __
245.12
Demand deposits ____
719,482.40
Time deposits
__
. . 187,164.01
U, S. Gov’t deposits___ _
.1.667.65
Public funds - ..
67.597.01
Total deposits .$927.'911.07

Total _______________ ___$987,170.68

Total __________________ $987,170.68

FARMERS BANK. HAMBURG
Population, 1,939.
Chartered March 10, 1941.
Officers
W. E. F o o t e _______________President
Frank N. Pugh.Active Vice President
S. A. Wilcoxon________ Vice President
Leslie J. Serrett_______________Cashier
Lucille B. Serrett______ Asst. Cashier

Ashley County
Transit Number 81-181
Directors
W. E. Foote
Leslie J. Serrett
Leroy Higginbotham B. R. Smith
Murphy Jones
V. W. Walker
Frank N. Pugh
S. A. Wilcoxon

Statement of June 30, 1947
Resources
Loans and discounts____$ 140,350.65
U. S. Gov’t obligations.- 1,067,237.57
Other bonds and securities
1,000.00
Cash and due from, banks 211,712.51

Liabilities
Capital stock ___________$
25,000,00
Surplus f u n d ___________
35,000.00
Undivided profits ______
18,583.62
Demand d e p o s its ___ - __ 1,252,211.90
Time deposits _________
11,606.35
U. S. Gov’t deposits_____
12,505,82
Public funds _________
65,393.04
Total dep.__$l,341,717.11

Total ________________ $1,420,300.73

Total ________________ $1,420,300.73




50

State of Arkansas: Bank Department

CALHOUN COUNTY BANK, HAMPTON
Population, 888.
Chartered October 28, 1908.
Officers
B. W . H arrell----------------------President
Searcy Harrell__Vice Pres. & Cashier
Leu H a rre ll____________Asst. Cashier

Calhoun County
Transit Number 81-353
Directors
A. B. Garrett
E. C. Johnston
B. W . Harrell
I. C. Strickland
Fay Harrell
A. G. Wood
Searcy Harrell

Statement of June 30, 1947
Resources
Loans and discounts____$ 258,175.87
U. S. Gov’t obligations_
540,506.47
Other bonds and securities 125,931.58
2.000.00
Furniture and fixtures_
Banking house ________
4.000.00
1.00
Other real estate_______
182,355.10
Cash and due from banks

Liabilities

Capital s t o c k ___________
Surplus f u n d ___________
Undivided p r o fi t s ______
Demand d ep osits________
Time d ep osits___________
U. S. Gov’t deposits_____
Public funds____________
Total dep._$1,032,711.87
Other liabilities

,$1,107,989.82

Total

25.000. 00
25.000. 00
21,211.99
813,503.54
99,860.03
3,850.00
115,498.30
4,045.96

.$1,107,969.82

Total

THE BANK OF HARRISBURG, HARRISBURG
Population, 1,193.
Chartered December 2, 1930.

Poinsett County
Transit Number 81-893

Officers
Directors
T. T. M a r d is --------------------President
John Gant
T. T. Mardis
John G a n t ------------------Vice President ^ Mrs. D. M. Mardis
Wm. S. M a r tin ______________ Cashier
Mrs. Edith W . Dameron, Asst. Cashier
Statement o f June 30, 1947
Resources
Loans and discounts____1 163,760.91
U. S. Gov’t obligations_
760,700.00
Furniture and fixtures_
1,407.10
Banking h o u s e _________
3,500.00
Cash and due from banks
202,547.55

Total




.$1,131,915.56

Liabilities
Capital stock____________ ; 25,000.00
Surplus fund _________
27,500.00
Undivided profits_______
3,965.80
Demand deposits ______ 1,011,384.95
U. S. Gov’t deposits_____
4,228.77
Public f u n d s ___________
59,838.04
Total dep— $1,075,449.76
Total

.$1,131,915.56

51

Thirty-Third Report

COMMERCIAL BANK, HARRISON
Population, 4,238,
( ’haltered Juh 7 1344.
Officer?
F, L, Coffman _____. _ _ Presid-mt
V D. W illis......... .......... Vice President
pr. D. L. Owens______ Awe President
T. W . Rogers- - . . . . . . .
Basluer

Sta’

Boone Bounty
Ti an-dt Number 81-746
Pirectors
W . T. Bradley
E. E. Pippen
F. L. Coffman
F. J. Stewart
T. L. Jackson
V. P. Willis
Dr. D, L. Owen? J. O, Wilson
.in, 19 IT

of

Resources
Loans and discount? . ? i»74,307.1
3(12,000.OP
U. S. Gov't obligations
14,950.40
Uther bond' and securities
Furniture and fixture?.
24,026.27
420,792.12
and due from bank-

Liabilities
Capital stock - . . _
_S
60,000.00
Surplus fund
________
15,000.00
20,084.17
Undivided profit,- ______
R< ?erves . . _
..
____
943.28
Demand depo?its _____ 1,299,249.16

Time d e p o s its _________
Public f u n d s ___________
Deposits o f banks______
Total dep. ..$1,539,048.49
Total

Total

$1,635,075.94

122,547,88
111,288.53
5,983.12

.$1,835,075.94

THE SECURITY BANK, HARRISON

Population, 4,238.

Boone County

Chartered November 20, 1931.

Officers
L.
T.
C.C.
E.

A. Watkins___
-President
C. Heuer___________ Vice President
Alexander_Exee. Vice
President
R. T i m s _______________ __Cashier

J. B, Reddoch__ ___ ___ Asst. Cashier

Transit Number 81-704

Directors
C. C. Alexander
T. C. Heuer
Roy L. Baker
J. M. Bullock
A. C. Christenson

W.
O.Newton
E. R, Tims _
L. A. Watkins

D. E, Fitton

Statement o f June 30, 1947
Resources
Loans and discounts____$1,539,846.70
O v erd ra fts____________
440.68
U .S. Gov’t obligations__ 2,259,300.00
Other bonds and securities
85,957.36
Furniture and fixtures _
1.00
Banking house ____
1.00
Cash and due from banks 1,405,530.49

Total



$5,291,077.23

Liabilities
Capital s to c k ---- ----------- $ 100,000.00
Surplus f u n d ----------------100,000.00
Undivided p r o fits -------- 46,466.40
Demand deposits________ 4,080,265.85
Time deposits — -------------737,541.36
U. S. Gov’t deposits____
10,573.97
Public funds------------201,524.98
Deposits of banks---------14,704.67
Total dep.— $5,044,610.83

Total

.$5,291,077.23

52

State of Arkansas: Bank Department

PRAIRIE COUNTY BANK, H AZEN
Population, 819.
Chartered July 17, 1945.

Prairie County
Transit Number 81-750

Officers
Directors
H. B. Robinson
J. J. Sereeton________________ President L. P. Ayeock
L. P. Aycock_____________Yice President J. O. Crowly
J. J. Sereeton
R. C. Hartlieb,
V. President & Cashier H. J. Hall
Ezra Shoop
Grace O. Stallings______ Asst. Cashier
R. H. Hammond J. J. Watterson
R. C. Hartlieb
Statement of June 80, 1947
Resources
Loans and discounts______ $179,052.50
Overdrafts ______________
345.20
U. S. Gov’t obligations___ 109,067.51
Other bonds and securities 427,262.40
4,983.01
Furniture and fixtures___
Banking h o u s e __________
6,844.25
Cash and due from banks- 261,276.21
Other re so u rce s_________
232.99

Liabilities
Capital stock
______ $ 50. ,000..00
Surplus fund
--------- 10,,000..00
Undivided profits ._____
15.,061,.15
456..52
Reserves
Demand deposits
______ 666.,083.,18
___
84,,635..56
Time deposits _
3.,525. 74
U. S. Gov’t deposits.______
Public funds
_____ 159,,301..92
Total deposits _$913.,546.40

T o t a l __________________ $989,064.07

Total

_____$989, ,064..07

THE CLEBURNE COUNTY BANK, HEBER SPRINGS
Population, 1,656.
Chartered December 16, 19
Officers
Dr. L. E. Robbins__________ President
Elbert C. Sherlock____Vice President
Jerome Johnson _____________Cashier
Nevalvnn Johnson_____Asst. Cashier

Cleburne County
.

Transit Number 81-175

Directors
Dr. L. E. Robbins
O. C. Dickson
Mrs. O. B. Robbins
W . R. G riffin
W . H. Robbins
Jerome Johnson Louis Steeker
Joe N. Robbins
W . L. Deal

Statement of June 30, 1947
Resources
Loans and discounts_____ $
U. S. Gov’t obligations-Other bonds and securities
Furniture and fix tu res-Banking h o u s e _________
Cash and due from banks

Total



273,574.72
385,443.75
206,250.00
1.00
4,500.00
579,420.89

$1,449,190.36

Liabilities
Capital s t o c k __________ $
30,000.00
Surplus f u n d ___________
35,000.00
Undivided p r o f i t s ______
49,735.96
Reserves _______________
1,000.00
Demand d ep osits_______ 1,271,246.38
U. S. Gov’t deposits_____
5,006.25
Public f u n d s ___________
57,201.77
Total d e p - -$1,333,454.40
Total

$1,449,190.36

53

Thirty-Third Report

GU ARAN TY LOAN AND TRUST COMPANY, HELENA
(N ot engaged in. commercial banking)
Population, 8,456.

Phillips County

Chartered February 0, 1910.
Officers
M. II. R e a d y ____ _____ __ . .Piesident
Dewey Moon* ______ Vice President
H. 11. White .Secretary & Treasurer

Transit Number 81-64

S. H. Hurst
C. E. Mayer
D. Moore
E, C. Nelson

Directors
H. G. Stephens
Jos. P. Sw ift
M. R, Ready

Statement of June As, l'.M7
LiabilitiesCapital stock _______ ____ S 50,000.00
Surplus fund _______
12,500.00
Undivided p rofits________
6,866.66
R eserves_______
______
290.85
Trust d e p o s its __________
54,207,8:1
Total deposits _$ 54,207.8:]

Resources
Loans and discounts___ _$ 70,081.41
U S. Gov’t obligations__
16500,00
Other bomi- and securities
1.000.00
Furniture and fixtures. .
1.00
1.00
Other real estate_________
Cash and due from banks
44,126.14
Other re-eenves . . .
2.621 Jin

other liabilities . _ ............
T.>tai

............... _

Total . . ___

SI 27.620.55

6,685,81

..$127,660.55

V ALLEY BANK, HINDSVILLE
Population, 262.

Madison County

Chartered November 8, 1907.
Officers
Adry Gaskill ______________ President
H. L. M ayfield________ Vice President
Fred E. Reed ________________ Cashier

Lloyd A. Linebarger____Asst. Cashier

Transit Number 81-362

Directors
Win. B. Bunch Tom Hargis
C. F. Fitch
Lloyd A. Linebarger
Adry Gaskill
H. L, Mayfield
J, R. Hargis

Statement o f June 30, 1947
Resource-;

Liabilities

Loans and discounts______ 8 54,194.08
U. S. Gov’t obligations___ 178,300.00
Other bonds and securities
7,000,00
Furniture and fixtures__
300.00
Banking house __________
775.00
Cash and due from banks. 47.154.65

Capital stock ____________$ 10,000.00
Surplus fund ____________ 10,000.00
2,687.41
Undivided profits _______
R e s e r v e s _________________
5,290.67
Demand d e p o sits ________ 187,909.04
Time d e p o sits------------------ 81,856.61
Public fu n d s _____________ 10,000.00
Total deposits _$259,785.65

Total




_ $ 287, 723.73

T otal

$ 287, 723.73

54

State of Arkansas: Bank Department

BANK OF HOLLY GROVE, HOLLY GROVE
Population, 755.
Chartered March 12, 1903.
Officers
M. P. W alls_______________ President
J. I. Matthews _________Vice President
Taylor Claiborne
_______ — Cashier
Mary P a tterson _______ Asst. Cashier

Monroe County
Transit Number 81-275
Directors
B. J. Lambert
John B. Moore
B. J, Lambert, Jr. M. P. Walls
J. I. Matthews
O. M. Washington
J. W. Mayo

Statement of June 30, 1947
Resources
Loans and discounts____$ 173,869.60
257.15
Overdrafts .— __________
U. S. Gov’t obligations. _ 659,500.00
15,250.00
Other bonds and securities
1.00
Furniture and fixtures. _
1,800.00
Banking h o u s e ________ _
1.00
Other real estate____—
Cash and due from banks 287,134.25
$1,137,813.00

Total

Liabilities
Capital s t o c k ___________$
Surplus f u n d ___________
Undivided p r o fits ______
Demand deposits________
Time deposits __________
U. S. Gov’t deposits_____ _
Public funds_____________
Total dep._-11,048,386.58

30,000.00
50,000.00
9,426.42
810,787.25
75,009.94
1,439.21
161,150.18

,$1,137,813.00

Total

HORATIO STATE B ANK , HORATIO
Population, 809.
Chartered May 15, 1905.

Officers
C. E. Hendrix
O. T. BrinkleyMazie Gallaher
F. E. P oole___

______President
Vice President
________Cashier
____ -Secretary

Sevier County
Transit Number 81-342
Directors
O. T. Brinkley
Lilia S. Hendrix
F. R. Ethridge L. O. Shull
C. E. Hendrix

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts_______$428,637.33
Capital stock ______________ $ 25,000.00
301.62
15,000.00
Overdrafts ___________
Surplus f u n d ____ _______
U. S. Gov’t obligations___ 130,541.00
Undivided profits_______
5,639.15
Other bonds and securities 16,068.25
Demand deposits_____ ____ 582,299.42
Furniture and fixtures_______________ 1,500.00
Time D ep osits ____________ 133,817.50
Other real estate_____ ____
2.00
Public fu n d s ______________ 56,445.80
Cash and due from banks- 241,134.67
Total deposits -$772,562.72
Other resources______ ___
17.00
T o t a l ___________________ $818,201.87




Total ___________________ $818,201.87

Thirty-Third Report

55

A RK AN SAS TRUST COMPANY, HOT SPRINGS
Population, 21,370.
Chartered April 18, 1907.

Garland County
Transit Number 81-51

Directors
Officers
D. Burgauer
F. L. Thompson
D. Burgauer________________President
E. M. Thrash
Dewell Jackson
Geo. H. Sexton ______ __Vie.e President
Warren W . Wilson
Frad Krone
Dewell Jackson_Vice Pres. & Cashier
E. F. Woodcock
Carl E. Miles
Norton Meek, Jr.________________Asst.Cashier
Clarence J. Horner

Geo. H. Sexton
M. Schnebelen___________________ Asst.Cashier
C. J. Clements___________________ Asst.Cashier
R. E. Jones ... ...........
Asst. Cashier
Statement of June 30, T947

Resources

Liabilities

Loans and discounts-- $ 1.139.965.26
Overdrafts ... ______. .
878.81
Tb S. Gov’t obligations.
8.184,036.69
Other bonds and securities 415,180.28
Furniture and fixtures.
19,393.68
Banking house
..
45,000.00
Cash and due from banks 3,004,229.88
Other resources . . _
.'2.516.81

Capital stock-------- ------ ._$
200,000.00
Surplus f u n d ___ ,_____
200,000.00
Undivided p r o fits ____ _
256,510.66
R eserv es_______ ________
63,916.73
Demand deposits_______
9,791,148.54
Time deposits — _______
1,253,811.41
U. S. Gov’t deposits— _
62,406.96
Public f u n d s ---------------974,855.13
Total dep._$12,082,222.04
Other liabilities ________

Total ________________ $12,861,201.41

58,551.98

Total ________________ $12,861,201.41

NEWTON COUNTY BANK, J \SPER
Population. 412.
( ‘ham red Man-h 24, 1903,

Newton County

Transit Number 81-371
Directors

Officers
______ President
0 . A. M o o r e ______
W . J. Pruitt- ______ --V ice President
J. W . Moore ________ . . .
_Cashier
Alta Gordon
.
.Asst. Cashier
Rymer Tvvyman . . . ____ Asst. Cashier

Guy A. Moore
J. W . Moore
O. A. Moore

W . W . Moore
W. J. Pruitt

Statement of June 30, 1947
Resources
Loans and discounts
Overdrafts ___________ .
U. S. Gov’t obligations. Furniture and fixtures.
Banking n«iuse .
Cash and due from banks

Total

Liabilities
61.553.25
32.37

2*90,777.80
640.80
720.00
653,717.16

_______ _________ $1,007,441.38

Capital stock*______ ____!
Surplus f u n d ___________
Cndivided profits _____
Reserves ................ ..........
Demand deposits ________
Public f u n d s ___________
Total deposits $964,558.83
Total

25,000.00
5.000. 00
4,882.55

8. 000.
876,440.46
88,118.37

$1,007,441.38

^First preferred stock with par value of $8,000.00 and common stock with
par value of $17,000.00.




00

State of Arkansas: Bank Department

56

CITIZENS BANK OF JONESBORO, JONESBORO
Population, 11.729.

Craighead County

Chartered July 2h, 1919.

Transit Number 81-613

Officers
M, L. M cK inney ___________President
S. V. M cK in n ey ______ Vice President
C. V, M cK in n ey _____________Cashier
Major W. G riffin ______ Asst. Cashier

Directors

C. V. McKinney S. Y. McKinney
M. L. McKinney

Statement o f June 30, 1947
Resources
Loans and discounts____32,965,038.39
Overdrafts _____________
387.IK
Id S. Gov't obligations-_ 2,260,777.09
Other bonds and securities
6,292,19
Furniture and fix tu res-1.00
Cash and due from banks 2.835,373.83

Liabilities
Capital stock ___________ $ 100,000.00
Surplus f u n d ___________
100,000.00
Undivided p r o f i t s ______
139,776.99
Demand deposits________ 4,547,380.51
Time deposits______ __ 2,346,768.39
U. S. Gov’t deposits_____
83,780.49
Public funds __________
734,378.81
16,584.49
Deposits o f banks-- __
Total dep._-$7,728,892.69

Total ________________ $8,068,669.68

Total _________________$8,068,669.68

MERCANTILE BANK, JONESBORO
Population. 11,729.

Craighead County

Chartered January 7, 1932.
O fficers
G. G. S m ith _______ President
Nathan Deutsch_Exec. Vice President
J. Lan W illia m s_____________ Cashier
R. W . Higginbotham_A sst. Cashier
Alberta D ick so n _______ Asst. Cashier

Transit Number 81-72

Directors
Nathan Deutsch G. G. Smith
A. Faught
J. Paul Smith
A. J. Florida
B. Frank Williams
G. H. Florida
J. Lan Williams
Charles Frierson

Carey S m it h ___________ Asst. Cashier
Statement of June 30, 1947
Resources

Loans and discounts____$1,445,010.05
U. S. Gov’t obligations__ 3,110,583.23
Other bonds and securities 112,141.03
Furniture and fixtures__
5,775.00
Banking house__________
10,600.00
Cash and due from banks 1,626,782.98

Total




$6,310,892.29

Liabilities
Capital s to c k ____________$ 200,000.00
Surplus f u n d ____________
75,000.00
Undivided p r o fit s _______
108,393.99
Reserves _________________
2,250.00
Demand deposits________ 3,759,600.69
Time d ep o sits___________ 1,744,187.20
U. S. Gov’t deposits_____
62,859.48
Public fu n d s____________
318,449.11
Deposits o f banks________
40,151.82
Total dep._-$5,925,248.30

Total

$6,310,892.29

Thirt.y-Third Report

57

FARMERS AND MERCHANTS BANK, JUDSONIA

Population, 1,011.
Chartered May 29, 1913.

White County
Transit Number 81-549

Directors
Officers
W . R. Felts
O. C. Waller
John A. Henson __________ President
J. H. Graves
Roy E. Waller
J. C. R h e w _____________________ VicePresident
John A. Henson Edgar W right
3. H. Graves______________________ VicePresident
J. C. Rhew
W . R. Felts_____________________ VicePresident
P. E. Bauer________________Cashier
G. D. Young-____________Asst. Cashier

Statement of June 30, 1947
Resources
Loans and discounts______ $ 26,792.78
U. S. Gov’t obligations____529,500.00
Other bonds and securities
457.65
Furniture and fixtures___
1.00
Banking house __________
1,500.00
Cash and clue from banks. 382,727.52
Total

$940,978.95

Liabilities
Capital stock ________ _— $ 17,500.00
Surplus fund_____________ 17,500.00
Undivided profits ________
22,541.05
Demand d e p o s its ________ 845,326.82
Public f u n d s _____________ 38,111.08
Total deposits .$883,437.90
Total

.$940,978.95

UNION STATE BANK. JUNCTION CITY
Popuiai ion, 797.
f barter 'd August 28. 1933
Officers
1, A. Brinker
_ ...
. President
1*. E. Murphy
___ Vice President
H. E. Kinard _ . _ . _
Washier
■I, H, Thompson. .

Union County
Transit Number 81-232
Directors

1. A. Br inker
O. H, Goodwin
H. E. Kinard

P. E. Murphy
H. J, Williams

Vsst, <'ashier

Statement of June 3«i, 1P47
Resources
Loans and discounts_$155,384.32
L S. Gov’t obligations_ 508,100.00
Other bonds and securities 14,416,66
Furniture and fixtures___
200.00
Banking house.
___ _
3,500.00
Other real estate______ _ _
1.00
Cash and due from banks. 257,541.70

Total




$939,143.68

Liabilities

Capital stock __________ .$ 25,000.00
Surplus f u n d _________ . 25,000.00
Undivided p r o fit s ___ _
7,763.70
Reserves ____________
2,700.00
Demand d e p o s its _______
719,586.24
Time deposits .
78,444.49
Public f u n d s __________ . _
80,649.25
Total deposits .$878,679.98
Total

$939,143.68

58

State of Arkansas: Bank Department

BANK OF KENSETT, KEN SETT
Population, 827,

White County

Chartered February 17, 1922.
Officers
A. P. M ills ________________ President
John H. Johnston __ __ Vice President
Mrs. TMema Roth____________Cashier

Transit Number 81-849

Directors
A. P. Mills
J. W . Sloan
John H. Johnston

Statement of June 30, 1947
Resources
Loans and discounts______ $ 22,708.01
U. S. Gov't obligations___ 08,000.00
Furniture and fixtures___
110.00
Banking h o u s e __________
1.00
Cash and due from banks- 292,506.38
Gthei’ re so u rce s_________
500.00

Liabilities
Capital stock* ___________ $ 1T.50U.00
Surplus fund ______________ 4.000.00
Undivided p r o f it s _________
1,360.05
Demand d eposits_________ 351.885.46
Public fu n d s _______________
9,139.38
Total deposits _$361,025.34

T o t a l _______ ___________ $383,885.39

Total ___________________ $383,885.39

* First preferred stock with par value of $3,900.00 and common stock with
par value o f $13,600,00.

B ANK OF KEO, KEO
Population, 253.
Chartered January 13, 1920.

Lonoke County
Transit Number 81-631

Officers
A . B. C o b b ________________ President
A . B. Cobb
H. A . Coleman_____ Vice President
J. D. Cobb
J. D. Cobb__________ .-V ice President
S. C. Cobb
J. F. C o ffm a n ________________ Cashier

Directors
J. F. Coffman
H. A. Coleman

Statement of June 30, 1947
Resources
Loans and discounts______ $ 28,817.50
Overdrafts________________
2.87
U. S. Gov’t obligations ____ 56,000.00
Other bonds and securities 15,577.00
Furniture and fixtures___
1.00
Cash and due from banks. 124,258.17
Other resources__________
26.49

Total




$224,683.03

Liabilities
Capital s t o c k _____________3 15,000.00
Surplus f u n d ____________
8,000.00
Undivided p ro fits_________
3,259.19
Demand dep o sits__________ 170,714.35
Time deposits_____________
2,100.00
U. S. Gov’t deposits______
1,274.80
Public fu n d s --------------------24,334.69
Total deposits .$198,423.84

Total _

$224,683.03

59

Thirty-Third Report

BANK OF KINGSTON, KINGSTON
Population, 200,

Madison County
Transit Number 81-467

Chartered April 7, 1911.

Officers
A. B. Bunch- ___________ President
Tom Hargis
. ___Vice President
- Cashier
Wilson Bunch . - . - __
Win. Eh Bunch-- - -- A>st, Cashier

A. B. Bunch
IViIson Bunch
II. C. Fields

Directors
Tom Haigis
H, R. McCracken

St-r omt nt of June 3o, p i 7
Resources
Loans and discounts-31,749.25
U. S. Gov’t obligations-. . 162,496.25
Other bonds and securities 12.000.00
Furniture and fixtm es _
60,00
Banking house ..
_ .. 120.00
Other real estate________
2.00
Fash and due from hanks 117,043.86

I.iabiliiU-

Capital s to c k ____________ 8 10,000.0u
Surplus f u n d _________
10,000.00
Undivided profits - ____
1,817.05
Reserves ___________ . . .
,3.800.00
Demand deposits
______ 223,145.21
70,709,10
Time d e p o sits_______
Public funds _______
5,000.00
Total deposits -S298.854.31

Total - . . . _____________ $324,471.36

T o t a l __________ - ______ $324,471.36

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population, 2,045.

Chicot County

Chartered October 14, 1937,
Officers
B. C. C lark_-_____________ President
J. B. Gillison----------- -Vice President
E. T, Cashion______________-.C ashier
James S. Suitt_________ Asst. Cashier

Transit Number 81-598

Ben Angel
E. T. Cashion
B. C, Clark

Directors
J. B. Gillison
James Hammond
W . C. Lovette

Statement of June 30, 1947
Resources
Loans and discounts____$ 320,207.06
] 12.2(5
Overdrafts _____________
57.500.00
U. S. Gov’t obligations-11.900.00
Other bonds and securities
Furniture and fixtures . _
1.00
Banking h o u s e _________
10,000.00
Cash and due front banks 1,342,663.09

T o t a l _________ ______ $1,742,383.41




Liabilities
50,000.00
Capital s t o c k _________ _$
Surplus f u n d __________.
50,000.00
Undivided p r o fi t s ___________________ 51,094.64
Demand d ep osits_____ _ 1,293,140.48
Time d ep osits__________.
105,777.29
U. S. Gov’t deposits____
25,231.11
Public f u n d s __ s_____
167,139.89
Total dep._$1,591,288.77
T o t a l ____- __________ .$ 1 ,7 4 2 ,3 8 3 .4 1

State of Arkansas: Bank Department

60

CITIZENS BANK OP LAVACA, LAVACA

Population, 840.
Chartered May 5, 1910.

Sebastian County
Transit Number 81-378

Officers
J. S. C o ffm a n ____________ President

Horace W a g n e r _____________Cashier

J. S. Coffman
I. H. Fielder

Directors
W . D. West, Jr.

Statement o f June 3o, 1047
Resources
[.oans and discounts_____ S 86,485.77
17. S. Gov’t obligations__ 125,800.00
Other bonds and securities 81,950.60
l.Oo
Furniture and fixtu res__
Banking house __________
1 .(Hi
Cash and due from banks, 181,285.14

Liabilities
Capital stock ____________ $ 15,000.00
Surplus f u n d ____________
5,000.00
Undivided p r o fit s _________
4,437.22
Reserves _____ ____________
5,000.00
Demand d e p o s its _________ 357365.16
Time d e p o sits____________
9,533.31
U. S. Gov't deposits______
336.42
Public f u n d s _____________ 28,701.40
Total deposits _8896.086.29

T o t a l__________________ $425,473.51

T o t a l __________________ $425,473.51

LITTLE RIVER BANK, LEPANTO
Population, 1,198.

Poinsett County

Chartered November 21, 1919.

Transit Number 81-622

O fficers
D. F. P o r tis _______________President
B. H. Murphy_____,_Vice President
________________ Cashier
A. T. Bell

Will J. Riddick_________ Asst. Cashier
Mrs. R. L. W hite_______ Asst. Cashier

A. T. Bell
E. P, Burton
W. H. Cross
Wayne Eason

Directors
B. H. Murphy
D. F. Portis
J. C. Portis

Statement o f June 30, 1947
Resources
552,400.49
100.40
Overdrafts _____________
U. S. Gov’t obligations. _ 783,800.00
23,696.44
Other bonds and securities
2,954.04
Furniture and fix tu re s ..
281,913.22
Cash and due from banks
Loans and discounts____ 3

T o ta l _




,$1,594,864.59

Liabilities
50,000.00
Capital s t o c k __________ $
Surplus f u n d ___________
50,000.00
Undivided p r o f i t s ______
23,663.36
Demand d e p o sits_______ 1,281,921.84
Time d ep osits__________
49,853.17
U. S. Gov’t deposits_____
5,450.24
Public f u n d s ___________
133.975.98
Total d e p ...81,471.201.23
Total _

$1,594,864.59

Thirty-Third Report.

61

PEOPLES BANK AND LOAN COMPANY, LEW ISVILLE
Population, 1,314.

Lafayette County

Chartered August 25, 1911.

Transit Number h i-475

>i

Officers
W . D. Stewart _____________President
J, B. Burton__________ Vice President
T. P. Lemay __________ Vice President
C. Landes _______ .________ Cashier

I rectors
J. B, Burton
J. C. Landes
P. fb Burtc.n
T, P. Lem ay
P. lb Burton, J t .
W, lb Stewai t
,f. A, Barrel

J.

Statement o f -1um> 2te 1p47
Resources
Loans arid discounts____$
O v e r d r a fts _____________
U.S. Gov’t obligations___
Other bonds and securities
Furniture and fixtures-Banking house - ________ _
Other real estate________
Cash and due from banks
Other resources ________
Total _

Liabilities

Capital stock __ _ .s
Surplus fund ______
Undivided profits____ ..
Demand deposits - .
Time d ep osits____
..
IT S. Gov’t deposits _ „ _
Public funds Total dep.. .$1,124,545.74

235,032.76
368.75
538.862.40
177,659.08
1,174.10
2,500.00
2.00
238,959.96

30,000.00
30,000.00
10,172.63
785,826.81
137,934.51
17,115,05
183 .60y.p7

158.72

T o t a l_______

$1,194,717.77

-

- <1.194.717.77

BANK OF LINCOLN, LINCOLN
Population, 720.

Washington County

Chartered March 19, 1903.
Officers
W, T. Shannon ___________ President
J. A. English ________ Vice President
B. J. Basden _______________ Cashier

Transit Number 81-384
B. J. Basden
E. W . Baugh
J. A . English
H. A. Lewis

Directors
R. H. Pitts
S. H. Pitts
W. T. Shannon

Statement of June 30, 1947
Resources
Loans and discounts.____$371,088.10
U. S. Gov’t obligations____ 366,060.00
Other bonds and securities 51,683.70
Furniture and fixtures___
1.00
Banking house __________
1.00
Cash and due from banks- 156,176.01

Total ____________ - - — $945,007.81




Liabilities
Capital stock .
..
25,,000..00
Surplus fund
25,,000..00
Undivided profits __ _
25,,830,.92
Demand deposits
706,,718.,57
- 132,,357.,59
Time deposits _
tl. S. Gov’t deposits
5.,364..59
24.,736,.14
Public funds
Total deposits -$869,176.,89
Total

_ $945,,007..81

82

State of Arkansas: Bank Department

METROPOLITAN TRUST COMPANY, LITTLE ROCK
(N ot engaged in commercial banking)
Population, 88,039,.
Chartered June 5, 1925,

Pulaski County
Transit N u m b er---------- -

Officers

Directors

Justin Matthews, Jr.____ ___ President
Somers Matthews_____ Vice President

John P. Matthews__________Secretary
Louise Butler____Assistant Secretary

J. P. Matthews
Justin Matthews, Jr.
Lila B. Matthews
Martha D. Matthews
Somers Matthews

Stationer* of J u r e

Resources
Loans and discounts______ * So,004.81
U. S. Gov’t obligations___
200.00
Other bonds and securities 127.757.30
Furniture and fixtures.. _
542.00
51,400.54
Other real estate_________
Cash and due from banks- 54.345.21
Other resources - _______ loi.000.o5
Total __________________ *4!5.4ob.7o

3 0 , 1017

Liabilities
Capital stock ____________ $250,000.00
Suiplus f u n d _____________

25,000.00

Undivided

77,115.30

profits_______

Reserves___________________
Other liabilities__________

3,045.78
60,245.62

T o t a l ___________________ $415,406.70

WORTHEN BANK A N D TRUST COMPANY
LITTLE ROCK

Population, 88,039.
Chartered August 4, 1902.
^

Officers

Pulaski County
Transit Number 81-7
Directors

Emmet Morris__ Chairman of Boat d
W . C. AlLsopp
James H. Penick
•1ames H. Penick__________ President
W . Robert Crow John G. Potts
Harry M. Crowe______ Vice President
Harry M. Crowe Frank M. Silverman
L. E. Dishongh Then C, Treadway
James K e ith _________ Tice President
Gardner Idle - ________ Idee President
Alfred Leymer Booker Worthen
John G. Potts________ Tice President
Funmet Morris
G. A. Zimmerman_____ Vice President
L. E. Dishongh__Viee Pres. & Cashier
W, G. C o b b ___________________ Asst.Cashier
Louis E a s t___________________ Asst,Cashier
1L B, Ehvood__________________Asst,Cashier
M. S. Heim___________________ Asst.Cashier
M. L. Hogan__________________ Asst.Cashier
Melvin L aw son________________ Asst.Cashier
E. 0, Manees__________________ Asst.Cashier
R. M. Me Cow n_________________ Asst.Cashier
D. M. Murphy_________________ Asst.Cashier
Booker W orthen_______________Asst,Cashier




63

Thirty-Third Report

Statement o f June 80, 1947
Resources
Loans and discounts__ $ 5,509,017.70
232.02
O v e r d r a fts ____________
U. S. Gov’t obligations^. 28,590,918.75
Other bonds & securities 4,234,932.22
Furniture and fixtures118,800.00
150,000.00
Banking house _______
Cash and due from banks 16.481,878.58
Other resou rce?_____. .
91,945.55

Inabilities

Capital stock _________ ,$ 1,000,000.00
Surplus f u n d _________
700,000.00
Undivided p r o f i t s ____.
207,800.95
Reserves ______________
49,710.89
Demand deposits _____ 24,015,465.35
Time d e p o s its ________ 10,876,855.78
U. S. Gov’t deposits___ 1,475,992.40
7,583,314.92
Public f u n d s _________
Deposits of banks______ 9,325,068.77
Total dep._$53,276,697.20
Other liabilities _______

Total — ___________ ,_$55,237,522.82

3,313.98

Total _____________ —$55,237,522.82

BANK OF LOCKESBURG, LOCKESBURG
Population, 764.
Chartered October 14, 1902.
Officers
M. L. Norwood____- ____ - __President
A. P. Boyce.— ______Vice President
R. C. Norwood_____ __________Cashier
Mrs. R. C. Norwood-___Asst. Cashier

Sevier County
Transit Number 81-385
Directors
A. P. Boyce
M. L. Norwood
Mary F. Hampson
R. C. Norwood
Hugh Latimer

Statement of June 30, 1947
Resources

Liabilities

Loans and discounts _____ $ 75,919.38
U. S. Gov’t obligations___ 210,600.00
Other bonds and securities 21,605.26
Furniture and fixtures___
1.00
Banking house ________
1,350.00
Cash and due from banks- 151,529.04

Capital stock* __________
25,000.00
Surplus fund ___________
6,000.00
Undivided profits _____
3,493.04
Reserves _ __________
4,375.00
Demand deposits ______ .._ 360,954.30
Time deposits ___________
37,560.40
Public funds _________— 24,121.94
Total deposits -$422,636.64

___________ ____ $461,504.68

Total _ ___________ ____ $461,504.68

Total -

*First preferred stock with par value of $12,500.00 and common stock with
par value of $12,500.00.




State of Arkansas: Bank Department

64

FIRST STATE BANK, LONOKE
Population, 1,715.
Chartered March 9, 1935.
Officers
J. J. Fletcher______________ President
W . H. Bransford______ Tice President
Neill Fletcher_-Vice Pres. & Cashier
Arthur H erring________ Asst. Cashier

Lonoke County
Transit Number 81-200
TV11*£k£*I"HI*C

J. O. Bennett
Neill Fletcher
W. H. Bransford
M. E. Lyons
J. J, Fletcher
Chas. A. Miller
W. W. McCrary, Jr. Guy E. Williams

Statement of June 30, 1947
Resources
Loans and d iscou n ts____$
82,573.07
U. S. Gov’t obligations. _ 1,072,419.91
Other bonds and securities
78,864.51
Furniture and fix tu re s-1.00
Banking "h ou se________
1.00
172,269.09
Cash and due from banks

Liabilities
Capital stock* ________
25,000.00
Surplus fund _________
20,000.00
Undivided p r o f i t s ______
27,155.93
11,526.99
Reserves _ _____________
Demand deposits ______ 1.165,754.31
154,691.35
Public f u n d s __________
Total dep. -$1,320,445.66

T o t a l _________________ $1,404,128.58

T o t a l __________________$1,404,128.58

*First preferred stock with par value of $10,000.00 and common stock with
par value of $15,000.00.

FARMERS BANK AND TRUST COMPANY, MAGNOLIA
Population, 4,326.

Columbia County

Chartered September 26, 1906.

Transit Number 81-163

Officers

Directors

T. S. Grayson_____________ President
R. S. Warnock, Jr___ Vice President
J. B. Lee______________________ Cashier
H. A . Reid____________ Asst. Cashier

R. S. Foster
W . N. Paschal
T. S. Grayson
Mrs. T. H. Reeves
W . L. Jameson, Jr. H. A. Reid
J. G. Langston
J. A . W . Souter
J. B. Lee
R. S. Warnock, Jr,
W . C. Par tee

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts___$
91,656.53
Overdrafts ______________
69.77
U. S. Gov’t obligations. 4,655.956.96
Furniture and fixtures4,460.00
Banking house _________
12,000.00
Other real e s t a te ______
42.00
Cash and due from banks 1,330,814.65
Other resources_________
5.00

Capital stock
_ _
50 ,000,,00
, _
200,,000,,00
Surplus fund
Undivided profits
26 ,284..25
Demand deposits
5,118.,900.,81
. _
376 ,033,.37
Time deposits
U. S. Gov’t deposits-_
20,,724.,68
300 ,636,,71
Public funds
Deposits of banks
2.,425,.09
Total dep. -$5,818,720.66

_

______________$6,095,004.91

Total

-$6,095,

o
o

Total




.91

Thirty-Third, Report

65

BANK OF MALVERN, MALVERN
Population, 5,390.

Hot Spring County

Chartered June 24. 1889.

Officers
Robert Smith, J r-------- ------ .President
J. Elmo Young _______ Vice President
R. R. Chamberlain____ Vice President
Dr. W . S. Richardson__Viee President
Jester Jones_____________ ...C a s h ie r
Hester H. Smith_______Asst. Cashier
Foy G. Ritchey_________Asst. Cashier

Transit Number 81-131
Directors
Mrs. Flora B. Adams Chas. S. Smith
Robt. Smith, Jr.
J. Elmo Young
R. R. Chamberlain
Ray Boyle
Dr. W . S. Richardson

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts___8 442,045.04
Overdrafts ______________
196.41
U. S. Gov’t obligations__ 2,140,848.89
Other bonds and securities
34,934.67
Furniture and fixtures...
700.58
2,275.00
Banking house _________
Cash and due from banks 1,047,163.89

50,000.00
Capital stock __________
Surplus fund ___________
50,000.00
Undivided p r o fits ______
53,384.24
23,206.31
Reserves ____ ___________
Demand d ep o sits_______ 3,017,499.95
57,092.70
Time deposits _________
U. S. Gov’t deposits____
29,799.89
Public funds ___________
376,855.16
Deposits of b a n k s____ _
16,926.83
Total dep.__$3,498,174.53

Total ________ _________ $3,674,765.08

Total __________________ $3,674,765.08

PEOPLES BANK, MAMMOTH SPRING
Population, 666.
Chartered February 8, 1921.

Fulton County
Transit Number 81-645

Directors

O fficers
J. F. M artin.------------ ,---------- President
Dell Brown______ _____Vice President
Cloy H. Culver_____ ___ ___ ___ Cashier
Lem W . Lewis________ _Asst, Cashier

Dell Brown
Cloy H. Culver
J. F. Martin

J. R. Martin
I. M. Plumlee

Statement of June 30, 1947
Resource’.
Loans and discounts______ $ 30,019.13

Overdrafts

__

42,05

U. S. Gov’t obligation--.

.

...

o.Ti.uOO.OO

Furniture and fixtures
.35.00
Banking house ____
—
785.00
Cash and due from banks- 178,921.00

Total _



$ 8 4 3 ,7 0 2 .1 8

Liabilities
Capital stock
10,000.00
Surplus fund ____________
10,000.00
Undivided profits .............
9,342.86
Demand deposits ________ 787,379.98
U. S. Gov’t deposits___ __
7,584.30
Public funds __ _________
19,395.04
Total deposits $814,359.32

Total

$ 8 4 3 ,7 0 2 .1 8

68

State of Arkansas; Bank Department

BANK OF M ANSFIELD, MANSFIELD
Population, 1,002.

Sebastian County

Chartered February 18, 1939.

Transit Number 81-249

JJl
Gilmer K. Dixon
C. C. Graves
G. R. Holbrook

O fficers
G. R. Holbrook___________ President
Gilmer K. Dixon.._____Vice President
W . W . Holbrook. ___________Cashier
B. R. Holbrook_________ Asst. Cashier

g
W . W . Holbrook

G. G. Woods

Statement o f June 30, 1947
Resources
Loans and d isco u n ts__ $ 202,924.54
23.90
Overdrafts ------------------843,968.75
U. S. Gov’t obligations..
Other bonds and securities 131.538.88
1.00
Furniture and fixtures—
1.00
Banking house ------------289.319.88
Cash and due from banks

Liabilities
Capital s t o c k ___________
30,000.00
Surplus fund _________
45,000.00
Undivided p r o f i t s _____
28,822.17
Reserves _ _____________
7,290.96
Demand deposits ______ 1,088,332.47
Time d e p o s its _______ ,_ 209,142.50
U. S. Gov’t deposits____
5,779.80
’Public f u n d s __________
55,408.28
Total dep._$1,358,662.80

,$1,487,778.93

Total _

Total _

.$1,467,775.93

FARM ERS AND MERCHANTS BANK, M ARIAN N A
Population, 4,449.
Chartered January 9, 1942.
O fficers
H. L. P etty ___________ President
W . ¥ . Moye_____ ______Vice President
Franklin L. Brown___ ----------- Cashier
Mrs. Nelle R. Stallings-Asst. Cashier

Lee County
Transit Number 81-744

Directors
E. D. Conner
W. V. Moye
Thos. Gist
Ike Panich
Glenn U. Miller
H. L. Petty
John F, Miller
W . P. Mixon
G. W. Merrifield
W. B. Yancey
Harvey W. Wilson

Statement of June 30, 1947
Resources
Loans and discounts — 3 653,873.20
Overdrafts ------------------55.49
U. S. Gov’t obligations-293,000.00
Other bonds and securities
2,250.00
Furniture and fixtures —
2,167.88
Cash and due from banks
889,684.88
Other resou rces------------581.87

Total



$1,341,613.38

Liabilities
Capital s t o c k ---------------50,000.00
Surplus f u n d ------------25,000.00
Undivided profits _____
34,084.91
Demand d e p o s its ______ 1,008,074.29
Time d e p o s its _________
7,000.00
U. S. Gov’t deposits____
16,905.40
Public f u n d s ---------------187,190.48
Deposits o f b a n k s --------13,358.30
Total dep. -$1,232,528,47
Total _

.$ 1 ,3 4 1 ,6 1 3 .3 8

Thirty-Third Report

67

< n f Z E N S B A N K . M A R IO N
P opu lation .

758.

Crittenden C ounty

Chartered March 15. 1938.
Officers
J. F. F o g le m a n __________ President
Perry B a r to n ____ ____ Mice President
A. J. L u m p k in ______________ C ashier
Mrs. M a r y L. H o s k in s _ _ A s s t. C ashier

Transit Number 81-742
D ire c to rs

Barton
Wilson Barton
J. F . Fogleman
P e rry

A. J. Lumpkin
Alex S tire w a lt

Statement o f June 30, 1947
Resources
Loans and discounts____$ 185,410.48
O v e r d r a fts _____________
238.62
U . S. Gov’t obligations'! _ 1,046,100.00
Other bonds and securities
82,737.10
Furniture and f i x t u r e s - _
1.00
Banking house
_______
2,450.00
C ash and due from banks
2 4 6 ,4 9 2 .0 1

Liabilities
Capital s t o c k ---------------- $ 40,000.00
30,000.00
Surplus f u n d __________
Undivided profits_______
12,017.45
Demand d ep osits_______ 1,087,145.14
Time deposits ___________
78,980.38
U. S. Gov’t deposits_____
8,735.94
Public f u n d s ___________
288,570.30
Total dep— $1,461,411.74

Total - - ______________$1,543,429.19

Total - _______________$1,543,429.19

MARKED TREE BANK, MARKED TREE
Population, 2,885.
Chartered March 3, 1932.
Officers
_____________President
L. V. R itte r __________ V ic e President
A. F. F a l k ______ ______ - ____ Cashier
Helen S tew art
,______ Asst. Cashier
L. H . G o a d __________ ,_ A s s t. Cashier
John B ru n n e r

Stno-m onr of

Resources
Loans a n d d iscou n ts— . •'
O v e rd ra fts _____________

481.65
8 9 ,3 6 9 .2 7
2 .2 1 4 .4 8
7 5 0.00
4 6 0 ,3 9 0 .3 7

Total __________________ $2,289,165.18




T r a n s it N u m b er 8 1 -7 0 5
John B ru n n er
M ilton Craft

D irectors
H . C. D ew ey
L . V . R itte r

June 80, 19 17
Liahilif iv-

2(12,158,41

IT. S. Gov't obligations. . 1.5 8 0 ,3 0 0 .0 0
O ther bonds and securities
F u rn itu re and f i x t u r e s .
B an k ing h o u s e -----------------C ash and due fr o m banks

Poinsett County

Capital s t o c k ---------------- $
Surplus fu n d ____________

5 0 ,0 0 0 .0 0
5 0 ,0 0 0 .0 0
U n divided p ro fits _ ____
3 2 ,0 3 7 .1 8
D em an d d e p o s it s _________ 1 ,9 3 1 ,0 4 9 .1 1
T im e deposits __________ .
1 ,7 7 2 .0 0
U. S . G ov’t d ep o sits______
2 1 ,6 8 5 .4 6
Public f u n d s _______________
1 9 6 ,8 7 7 .4 5
D ep osits o f b a n k s-------------5 ,7 4 3 .9 8
T o ta l dep._$2,157,128.00

Total _ ____ ____ _______ $2,289,165.18

68

State of Arkansas: Bank Department

THE CITIZENS BANK, M ARSHALL
Population, 822,

Searcy County

Chartered February 28, 1940,

Transit Number 81-715

Directors
Officers
Mary Massey,____President & Cashier
J. C. Baker
Dewey Massey
M, F. Cash
Mary Massey
A u d Massey ___________ Vice President
Leonard Coffman
Ancil Mays
J. C. Baker ._____________________ Vice President
Aud Massey
Leo W a t t s _____________ Asst. Cashier
Jimmie L. B a tte r sh e ll___ Asst, Cashier
Statement of June 30, 1947
Resources
Loans and discounts------$ 520,624,02
O v e r d r a fts _— ________
13.75
U. S. Gov’t o b lig a tio n s__
355,800.00
Furniture and fix tu re s-1,631.34
Banking house --------------9,500,00
Cash and due from banks 216,533.49

Liabilities
Capital stock____________$
25,000.00
Surplus f u n d __ _________
25,000.00
Undivided p r o f i t s ______
10,665.47
Demand d e p o sits_______
902,849.56
Time deposits__________
34,986.57
U. S. Gov’t deposits ______ _
4 ,6 6 8 .7 5
Public f u n d s ______ ________ .
T o ta l dep._$1,043,237.13

$ 1 ,1 0 3 ,9 0 2 .6 0

T o ta l _

BANK

OF

T o ta l ___________ _________ $ 1 ,1 0 3 ,9 0 2 .6 0

M ARVELL,

P opu lation , 8 3 0 .
C h artered J a n u a ry 8, 1903.
O ffic e rs
G u y R o b i n s o n ________________P residen t
H. B. W i ll i s ______ E x e c . V ice P residen t
F . H . W e b s t e r __________ V ice P residen t
R ach el S w i f t ____________________ C ash ier
E v e ly n S . Cooke_________ A s s t . C ashier

1 0 0 ,7 3 2 .2 5

M ARVELL

P h illip s C ou n ty
T r a n sit N u m b e r 8 1 -3 9 3
D irectors
K . J. G ra ves
R achel S w ift
E d m u n d H irsch
F . H . W e b ste r
W e ld o n Jackson
H . B . W illis
G u y R obinson

S ta te m e n t o f June 30, 1947
R esou rces
L o an s and d iscou n ts_____— $ 2 4 1 ,7 8 5 .4 7
O v e r d r a f t s --------------------------4 6 .5 4
U. S . G ov ’t o b lig a tio n s_____ 4 4 7 ,3 0 0 .0 0
O th er bonds and secu rities
2 1 ,0 0 0 .0 0
F u r n itu r e a n d fix tu r e s —
9 0 0 .0 0
B a n k in g house — ---------- —
4 ,1 5 0 .0 0
O th er real e s ta te -------------- —
.
1.00
C ash and due fr o m banks. 1 7 2 ,3 4 0 .6 9

Total

______ _________ ..$887,523.70




L iab ilities
C ap ita l stock ________________ $ 2 5 ,0 0 0 .0 0
Su rp lu s f u n d ____ __________
2 5 ,0 0 0 .0 0
U n divided p r o f i t s __________
3 2 ,1 6 9 .0 6
D em an d d e p o s it s ____________ 7 7 2 ,0 5 0 .8 2
T im e deposits _______________
3 ,3 5 0 .0 0
Public f u n d s ------------------------ 2 9 ,9 5 3 .8 2
T o ta l deposits .$ 8 0 5 ,3 5 4 .6 4

T ota l ------------------------------ $887,523.70

Thirty-Third Report

69

BANK OF M c C R O R Y , McCRORY
Population, 1,010.

W oodruff County

Chartered June 8, 1903.
Officers
I. N. A r n o f ______ _________ President
Vance M. Thompson- - Vice President
J. F. Watkins___ Exec. Vice President
R. C. Willeox____ ________ ___Cashier

Transit Number 81-261
Directors
I. N. A rnof
John D. Eldridge, Jr.

Vance M. Thompson

Otto Miller ______ _____ __Asst. Cashier
Ruth F i l e s _____ ________Asst. Cashier
S ta te m e n t o f June 30, 1947
R esou rces
L oan s and disco u n ts_____$
O v e rd ra fts ________________
U . S. G ov ’t o b lig a tio n s -_
O ther bonds and securities
F u rn itu re and fix tu r e s __
B an k in g h o u s e ____________
C ash and due fr o m banks

50 3 ,6 2 7 .4 2
4 6 9.29
5 4 7 ,6 0 0 .0 0
2 8 2 ,1 2 5 .5 4
1 ,6 1 4 .5 4

1.00

2 7 8 ,4 2 9 .5 8

L iab ilities
2 5 ,0 0 0 .0 0
C ap ita l stock _ _ — ______: $
5 0 ,0 0 0 .0 0
S u rp lu s f u n d ______________
2 0 ,5 1 3 .2 6
U n d ivid ed p r o f i t s --------- 3 ,0 0 0 .0 0
R eserves ____ ______________
D em an d deposits _______ 1 ,3 5 5 ,8 9 5 .2 5
2 0 ,3 0 1 .5 0
U . S. G ov ’t d ep osits______
13 9 ,1 5 7 .3 6
Public f u n d s ___ __________
T o ta l d e p ._ _ $ l ,5 1 5 ,3 5 4 .1 1

$1,613,867.37

T o ta l

M cG E H E E

BANK,

P opu lation , 3 ,6 6 3 .
C h artered D ecem ber

5, 1933.

O ffic e rs
W . E . T h o m p s o n _____________ P resident
G.
H . L in a k e r_________ V ice P resident
R.
G. V e r s e r _ ________ V ic e P residen t
J . W . W illo u g h b y , J r .__________ C ashier
B ess T h o m p s o n __________ A s s t . Cashier
M a r k E . Sh erlan d , J r ._ _ A s s t . C ashier
S ta te m e n t

$ 1 ,6 1 3 ,8 6 7 .3 7

T o ta l

M cG E H E E

D esh a C ounty

Transit N u m b er 8 1 -5 8 5
D irectors
R . L . Beck
C. B . Bowman
G . H . L in ak er
J. L . P a rk er
W . A . S m ith

W. R . Stephens
R. B . Stone
W . E . T h om p son
R . G . V e rse r

of June 30, 1947

R esources

L iabilities

Loans and discounts____ $ 870,133.13
O v erd ra fts____ ________
41.82
U. S. Gov’t obligations__ 1,464,798.47
Other bonds and securities 696,612.84
Furniture and fixtures12,157.94
Cash and due from banks
543,397.55

Capital sto c k ___ _______ $
75,000.00
Surplus f u n d ______75,000.00
Undivided p r o fits ____ __
17,352.88
Reserves — --------9,179.97
Demand deposits__ _____ 2,233,340.05
Time deposits______ ____
749,762.54
U. S. Gov’t deposits_____
20,357.10
Public fu n d s __________
407,149.21
T o ta l d e p ._ _ $ 3 ,4 1 0 ,6 0 8 .9 0

Total _




$3,587,141.75

Total _

$3,587,141.75

70

State of Arkansas: Bank Department

THE BANK OP MELBOURNE, MELBOURNE
Population, 567,

Izard County

Chartered July 29, 1896.

Transit Number 81-397
Directors
L. Blair
E. B . Watts
H. Miller
A. J. Younger
Marean Pearson

Officers
G, H . M ille r _______________President
A, J, Y o u n g e r________ Vice President
M a re a n P e a rs o n _____________ Cashier
Opal S m ith ____________Asst. Cashier

R.
G.

Statement o f June 30, 1947
Liabilities
Capital s t o c k ____________$ 15,000.00
Surplus f u n d _____________ 15,000.00
Undivided p r o f i t s _______
7,127.43
134.18
Reserves _________________
Demand d e p o s its ________ 659,884.66

Resources
Loans and discounts______ $118,194.00
159.58
Overdrafts _________ ,_____
U. S. Gov’t obligations____ 504,162.97
Other bonds and securities
2,834.80
Furniture and fixtures___
500.00
Banking h o u s e ___________
1.00
Cash and due from b a n k s . 178,630.68

U . S. G ov ’t d e p o sits_______
P ublic f u n d s ________________
T o ta l deposits .$ 7 6 7 ,2 2 1 .4 2

$ 8 0 4 ,4 8 3 .0 3

T o ta l

T o ta l

5 ,4 3 4 .5 7
1 0 1 ,9 0 2 .1 9

$ 8 0 4 ,4 8 3 .0 3

T H E U N IO N B A N K O F M E N A , M E N A
P op u lation , 3 ,5 1 0 .
C h artered J u ly 25, 19 3 4 .

P olk C ou n ty
T r a n s it N u m b e r 8 1 -9 8

O ffic e r s

W . J . L a u c k ___________________P resid en t
W . A . F in k s
—
-V ic e P resid en t
W . L . B oy d _______ ______________ C ashier
P a u l V o n A llm e n _ ______ A s s t . C ash ier

W . L . B oyd
W . A . F in k s

D irectors
W . J, L a u ck

S ta te m e n t o f June 30, 1947
R esou rces
L o an s and d isco u n ts____ 3 4 8 0 .4 0 1 .2 6
O v e r d r a f t s ________________
70 .45
U . S. G ov ’t o b lig a tio n s___ 1 ,0 1 2 ,1 0 0 .0 0
O th e r bonds a n d secu rities 10 1 .8 3 5 .9 0
F u r n itu r e ajad fix tu re s-.
5 ,9 5 6 .5 6
B a n k in g h o u s e __________
8 ,6 1 5 .9 0
C ash and due fr o m b an k s
6 4 0 ,9 1 5 .9 5
O th e r r e s o u r c e s __________
17,307.48

Total ______________ — $2,267,203.50




L iab ilitie s
C ap ita l

s t o c k _____________ $

Surplus f u n d _____________
U n divided p r o f i t s _______
D em an d d e p o s it s ______ _
T im e d e p o s it s _____________
U . S . G o v 't d ep o sits______
P ublic fu n d s _____________
T o ta l dep— $ 2 ,1 5 5 ,4 7 5 .1 7

5 0 ,0 0 0 .0 0
5 0 ,0 0 0 .0 0
1 1 ,7 2 8 .3 3
1 ,8 0 3 ,3 7 4 .6 9
1 0 0 ,5 3 2 .9 3
8 1 ,7 3 0 .4 5
1 6 9 ,8 3 7 .1 0

Total _______ ________ — $2,267,203.50

Thirty-Third Report

71

MONETTE STATE BANK, MONETTE

Population, 1,074.

Craighead County

Chartered December 29, 1936.
Officers
Paul Downs________ ______ President
I)r. J. H. Downs______ Vice President
Robert Braden______ ________ Cashier
Roy G. Nuckles____ ___ Asst. Cashier
Freddie H. H eise..
Asst. Cashier

Transit Number 81-724

Directors
Robert Braden
Paul Downs
Roy 6 . Nuckles

Statement of June 30, 1947

Resources
Loans and discounts____ $ 998,480.24
50,000.00
U. S. Gov’t obligations__
Furniture and fixtures__
1.00
Other real estate— _____
1,489.40
Cash and due from banks
838,743.85

Liabilities
Capital s t o c k ____ _____

25.000.

78,786.90

Public f u n d s ----------------Total dep. -$1,787,769.93

.$1,888,714.49

Total

00

25.000. 00
Surplus fund ..... .........
Undivided profits _____
50,944.56
Demand deposit- _____ 1,598,014.98
Time d ep o sits________
115,968.05

$1,888,714.49

Total

COMMERCIAL LOAN AN D TRUST COMPANY, MONTICELLO
Population, 3,650.

Drew County

Chartered November 29. 1912.

Transit Number 81-534

Directors
J. B. Posey
James A . Ross
M. L. Sigman

Officers
J. D. Me Cloy________________ President
M. L. Sigman_________ Vice President
Joe McCloy____ Vice Pres. & Cashier
Mrs. Mabel Sherry____Asst. Cashier
Mrs. Velma Allen.
. Asst. Cashier

J.
J.
L.
E.

A . Baxter
F. Brann
W . Dillard
R. Lambert
Virgil J. Trotter, Jr.
L. D. McQuiston

J. D. McCloy
Joe McCloy

Statement of June 30, 1947
Resources
Loans and discounts____ $ 149,917.17
Overdrafts ------------------ 52.87
U. S. Gov’t obligations .. 1,1 18,200.00
Other bonds and securitie;= 440,454.80
2,946.00
Furnitui e and fixtures _
6,500.00
Banking h o u s e _____ .
2.00
Other real estate. _ _ _
385,787.01
Cash and due from banks
12.632.09
Other resources _________

Liabilities
Capital stock
60,000.00
Surplus fund _____
60,000.00
Undivided profits
28,313.52
Reserves _ _
30,000.00
Demand deposits _ _ _ 1,637,302.34
Time deposits
64,217.07
U. S. Gov’t deposits____
48,088.39
Public funds _ _ _ _ _
133,520.62
Deposits o f banks
5,000.00
Total dep. -$1,888,128.42

.$2,066,441.94

Total ____ _______ ____ $2,066,441.94

Total _ _

_____




State of Arkansas; Bank Department

72

UNION BANK AND TRUST COMPANY, MONTICELLO
Population, 3,850,

Drew County

Chartered September 15, 1915,
Officers
J. Trotter, Sr.____ _______ President
T. Cotham______ __ Vice President
W , Daniel------Vice Pres, & Cashier
E, Curry------- ------ ------ Asst, Cashier
H. E, Wheless_____ ____ Asst, Cashier

VA.
C,
J,

Transit Number 81-158

Directors
Geo. R. Campster Dr. M. Y. Pope
A. T, Gotham
R. F, Trotter
C. W . Daniel
V. J, Trotter
E, A. Lambert
M. P, W right
W , R. MeCloy
W . H. Nunn
Adrian Williamson

Statement of June 30, 1947
Resources
Loans and discounts____ $ 607,507.00
Overdrafts _ ___________
677.01
U. S. Gov’t obligations__ 1,290,901.00
Other bonds and securities 1,106,791.08
Furniture and fixtures. _
1.00
1.00
Banking h o u s e _________
Cash and due from banks
538,352.64
Other resou rces________
24,558.96

Liabilities
Capital sto c k ___________
100,000.00
Surplus fund __________
75,000.00
Undivided p r o fit s ______
44,888.04
115,000.00
Reserves _ ______________
Demand d e p o sits______ 2,483,314.92
Time d ep o sits__________
256,518.71
U. S. Gov’t deposits____
54,254.52
Public f u n d s ___________
429,302.41
Deposits of b a n k s _____
10,511.09
Total dep. _$3,233,901.65
Total _

.$3,568,789.69

Total _

.$3,568,789.69

THE FIRST STATE B ANK , MORRILTON
Population, 4,608.

Conway County

Chartered November 26, 1930.
Officers
R. H. Diekenhorst__________ President
S. E. McReynolds_Ex. Vice President
L. T. O a te s __________ Vice President
C, E. Linebarger___ __________ Cashier
H. J. Kordsmeier_____ Asst. Cashier

R.
R.
S.
S.

Transit Number 81-144
Directors
H. Dickenhorst S. E. McReynolds
M. Huie
T. M. McReynolds
J. Laux
L. T. Oates
R. McKinley
J. L. Williams

Statement of June 30, 1947
Resources
Loans and discounts------ $ 808,890.73
146.76
Overdrafts ____
—
U. S. Gov’t obligations— 3,418,865.00
Other bonds and securities
60,300.00
1.00
Furniture and fixtures- 25,000.00
Banking house
1.00
Other real estate___
898,283.02
Cash and due from banks

Total ______________ — $5,211,487.51




Liabilities
Capital stock
_
. _$
50,000.00
Surplus fund
- _
115,000.00
Undivided p r o fits ___
43,836.09
15,647.16
R ese rv es__
____ .
4,562.216.12
Demand deposits
139,324.92
Time deposits
____
U. S. Gov’t deposits. .
72,011.28
Public funds
_ _ .
212,566.25
885.69
Deposits of banks _
Total dep.__$4,987,004.26

Total _____

--------- — $5,211,487.51

n

Thirty-Third Report

TUB BANK OF MONTGOMERY COUNTY, MOUNT IDA
Population, 490.

Montgomery County

Chartered November 26, 1930.
Officers
____ _____ President
W. G. Whittington____Vice President
John Beavers
_____________Cashier
H. H. Duke__________ __Asst. Cashier
L. L. Beavers

Transit Number 81-404

Directors
John Beavers
A. Standridge
W. G. Whittington
L. L. Beavers
Glenn Hickey
Earl Witt
R. A. Rice

Statement o f June 30, 1947
Resources
Loans and discounts____$ 255,267.12
U. S. Gov’t obligations_
396,020.00
Other bonds and securities
4,944.71
Furniture and fixtures_
800.00
Banking h o u s e _________
2,000.00
Cash and due from banks 357,610.72

Total ________________ $1,016,642.55

Liabilities
Capital s t o c k __________i
Surplus f u n d __________ .
Undivided p r o fi t s ______
Reserves _______________
Demand d ep osits_______
Time deposits__________
Public funds ________ ___
Total deposits $969,387.98

25.000.

00

11.000. 00

8,364.80
2,889.77
801,670.25
71,342.14
96,375.59

.,016,642.55

Total

THE PEOPLES BANK, MOUNTAIN HOME
Population, 927.
Chartered August 10, 1906.

Baxter County
Transit Number 81-402

O fficers

Directors

M. E. Curlee -------------_ --- ------- President
Don J. Baker---- ------------Vice President
Lon Jones
_________ __________Cashier
W . N. Baker_____________ Asst. Cashier
Roy Bodenhamer________ Asst. Cashier
C. E. Sherman._________ Asst. Cashier
Neil Nelson. ____________ Asst. Cashier

Don J. Baker
Earle J. Bryant
M. E. Curlee

Lon Jones

J. P. Morgan

Statement of June 30, 1947
Resources
Loans and discounts____ $ 373,376.36
O v erd ra fts____ _____— __
2,620.12
U. S. Gov’t obligations_ 1,169,600.00
Other bonds and securities
230.53
Furniture and fixtures __
2,000.00
Banking house ____
2,000.00
Cash and due from banks
811,028.97
Other resources____ _____
9,928.39
Total




$2,370,784.37

Liabilities
Capital s t o c k __________ $
50,000.00
Surplus fu n d ___________
25,000.00
Undivided p r o fits ______
13,945.17
Demand deposits_________ 2,116,518.97
Public f u n d s ______ ____
161,353.07
Deposits of banks______ _
3,967.16
Total dep—-$2,281,839.20

Total

$2,370,784.37

State of Arkansas: Bank Department

74

BANK OP MOUNTAIN VIEW , MOUNTAIN VIEW
Population, 745,

Stone County-

Chartered July 21, 1915.

Transit Number 81-403

O fficers

Directors
W alter Brewer
N. C. Maxey
A. A. Lancaster
J. T. Smith
G. W. Looney

------------------- President
N. C. Maxey
W alter Brewer________ Vice President
A. A. L a n ca s te r ______________Cashier
Bessie J e ffe rso n _______ Asst. Cashier

Statement o f June 30, 1947

Resources

Liabilities

Loans and discounts______ $ 92,804.37
U. S. Gov’t obligations____ 422,600.00
Furniture and fixtures___
1.00
Banking h o u s e ___________
1,000.00
Cash and due from banks, 422,533.20

Capital s t o c k _______ _____ $ 25,000.00
Surplus fu n d _________
21,000.00
7,083.11
Undivided profits ________
Demand deposits ________ 779,593.22
106,262.24
Public fu n d s ____ ____
Total deposits ,$885,855.46

Total _____________ ______$938,938.57

Total _ _________ ________ $938,938.57

BANK

OF M ULBERRY, MULBERRY

Population, 973.

Crawford County

Chartered January 15, 1902.

O fficers
S. B. Stevinson_____ .________ President
T. J. House______ Vice Pres. & Cashier
Mrs. T. J. House________ Asst. Cashier

Transit Number 81-257
C. R. Counts
J. M. Farmer
T. J. House

Directors
J. D. Jackson
S. B. Stevinson
Horace Wagner

C. D. Chastain___________Asst. Cashier
Statement of June 30, 1947

Liabilities

Resources
Loans and discounts------ $ 252,854.81
473,600.00
U. S. Gov’t obligations-_
51,070.00
Other bonds and securities
1,500.00
Furniture and fixtures __
200.00
Banking house __________
1.00
Other real estate _______
249,617.39
Cash and due from banks
400.00
Other resources_________
Total




$1,029,243.20

Capital s to c k ___________ !
Surplus f u n d ___________
Undivided p r o fits _______
Demand deposits________
Time deposits ______ _____
U. S. Gov’t deposits_____
Public f u n d s _____ __ ___
Total deposits $963,404.23
Total

25.000. 00
25.000. 00
15,838.97
883,290.81

10, 211.00
3,533.41
66,369.01

$1,029,243.20

Thirty-Third Report

75

PIKE COUNTY B AN K , MURFREESBORO
Population, 838,

Pike County

Chartered December 19, 1904,

Transit Number 81-405

f l f f l f*<*1*12

F liT A p fA rfil

President
T, F, A lf o r d ________
Mrs. Delia P en n ix.— .Vice President
J. N. Hipp ,— ______
Cashier
C, H. R utherford-______ Asst. Cashier

Mrs. Delia Pennix
J. N. Hipp
Mrs. Mattie Kelley

T. F. A lford
M, G.Terrell

Statement o f June 30, 1947
Resources
Loans and discounts__ __8 3.8,552.60
U. S. Gov’t obligations____ 529,687.54
Other bonds and securities
Furniture and fixtures . .
Banking h ou se___. . . ___
Other real estate. _ .. . . .

4,415.58

1.00
760.00

1.00
Cash and due from banks. 38*2,224.95
Other resources - ___ - 2 , 7 2 8 , 1 1
Total

..

______

Liabilities
Capital stock ____________ $ 25,000.00
Surplus f u n d __________ . . . 25,000.00
16,903.85
Undivided p r o fits ________
Demand deposits ________ 748,945.01
U. S. Gov’t deposits______
1,939.81
Public f u n d s _______
120,582.11
Total deposits _$871,-466.93
T o t a l_______ - _____ _— $938,370.78

__ 8938,370.78

BANK OF NETTLETON, NETTLETON
Population, 909.

Craighead County

Chartered February 13, 1904.
O fficers
L. D. Kiech _______ _______ President
Fred Shauver _________ Vice President
E. E. H a le ____________ _____ Cashier
R. E. Thomas__________Asst. Cashier

Transit Number 81-406
Directors

E. E. Hale
E. C. Kiech
H. C. Kiech

L. D. Kieeh
Fred Shauver

Statement of June 30, 1947
Resources
Loans and discounts ___ _$ 293,014.96
O v e r d r a fts ________
3.19
U. S. Gov’t obligations-- 1,397,100.00
Other bonds and securities
67,250.00
Furniture and fix tu re s-1.00
Banking h o u s e _________
5,720.00
Cash and due from banks 385,706.98
Total _




.$2,148,796.13

Liabilities
Capital stock __________ f
Surplus f u n d _______

40,000.00

50,000.00
Undivided p r o fits ______
21,148.93
Demand deposits________ 1,956,492.88
U. S. Gov’t deposits_____
258.48
Public fu n d s____________
80,895.84
Total dep._$2,037,647.20

Total _

$2,148,796.13

State of Arkansas: Bank Department

76

BANK OF N EW ARK, NEW ARK
Population, 900.

Independence County

Chartered October 10, 1944.
O fficers
J. Clyde E d w a rd s.-________ President
W . J. Freeze.._________ Vice President
Austin L e e d s _____ __________Cashier
J, L. Magness__________ Asst. Cashier

Transit Number 81-748
Directors
J. Clyde Edwards
J. L. Magness
W. J. Freeze
Ed V. Wilson
Austin Leeds
L. E, Wilson

Statement o f June. 30, 1947
Resources
Loans and discounts______ $ 77,272.00
Overdrafts ______________
74.88
U, S. Gov’t obligations____ 342,617.19
Furniture and fixtures___
1,000.00
Cash and due from banks. 140,872.92

Liabilities
Capital s to c k _____________ $ 25,000.00
Surplus f u n d ____________
7,500.00
Undivided profits________
4,980.84
Demand d e p o s its ________ 506,800.17
Public f u n d s _____________ 17,555.98
Total deposits .$524,356.15

Total _________ _________$561,830.99

Total . _______________ ._$561,836.99

BANK OF NEW EDINBURG, N EW EDINBURG
Population, 500.

Cleveland County

Chartered August 22, 1904.
O fficers
E. T. Attwood — ----------------President
C. B. Attwood__ _____ Vice President
Ray A ttw o o d ____ ______ _____ Cashier

Transit Number 81-408
C. B. Attwood
E. T. Attwood

Directors
Ray Attwood

Statement o f June 30, 1947
Resources
Loans and discounts______ $ 59,413.00
U. S. Gov’t obligations____ 219,663.05
Other bonds and securities 21,870.43
Furniture and fixtures___
150.00
Banking h o u s e ___________
104.00
Cash and due from banks- 62,217.17
Other re s o u rce s _________
128.25

Liabilities
Capital s t o c k ____________$ 12,500.00
Surplus f u n d ____________ 12,500.00
Undivided profits________
4,716.50
Demand d e p o s its ________ 282,496.64
23,952.67
Time d e p o sits ___________
Public f u n d s _____________ 27,193.90
Total deposits _$333,643.21
Other liabilities __________

Total _




.|363,545J0

Total _

186.19

.$363,545.90

Thirty-Third Report

71

MERCHANTS AND PLANTERS BANK, NEWPORT
Population, 4,321.

Jackson County

Chartered March 20, 1948.
Officers
D. H. B u rto n _____________ President
P. L. Copeland-_Exec. Vice President
W. A. McCartney__ ___ Vice President
A. G. J oh n ston ______________ Cashier
R. Trafton Williams__ Asst. Cashier

Transit Number 81-758
Directors
W. A. McCartney
D. H. Burton
Ralph McDonald
P. L. Copeland
F. M. Pickens, Sr.
R. G. Holden
J. A. Thompson
Paul Holmes, Jr.
R. C. Biggadike

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts-___$ 354,676.77
Capital sto c k __________ _$
75,000.00
U. S. Gov’t obligations__
771,079.10
Surplus fu n d _______
25,000.00
15,723.35 Demand deposits________ 1,472,690.86
Other bonds and securities
Furniture and fixtures__
10,125.66
Public f u n d s _________
152,093.44
Cash and due from banks
582,168.02 Deposits of banks-._____________________ 11,086.68
2,098.08
Total dep.__$1,635,870.98
Other resources ----------—

Total _____________

$1,735,870.98

T o ta l_______

$1,735,870.98

THE TW IN CITY BANK, NORTH LITTLE ROCK
Population, 21,137.
Chartered March 21, 1935.

Officers
Henry O. Topf____ ,_________ President
R. J. R ic e ____________ Vice President
DeWayne Jones ______________Cashier
J. Grayson Dickson_____Asst. Cashier
Ray O. Clifton_________ Asst. Cashier

Pulaski County
Transit Number 81-54
R. J. Rice
Henry O. Topf

Directors
J. E. Wright

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts____ $1,178,792.93
U. S. Gov’t obligations__ 4,192,001.82
61,570.77
Other bonds and securities
Furniture and fixtu res.21,348.98
Banking house — —
21, 000. 00
Cash and due from banks 1,665,813.26
Other resources-------------37.78

Capital s t o c k ___________ $ 150,000.00
Surplus f u n d ____________
50,000.00
Undivided p r o fits ______
68,971.53
Demand d ep osits ________ 5,898,420.11
Time dep o sits__________
252,661.83
Public funds — ------ -—
720,512.07
Total dep— $6,871,594.01

Total __________________$7,140,565.54




T o t a l __________

— $7,140,565.54

State of Arkansas: Bank Department

78

MISSISSIPPI COUNTY BANK, OSCEOLA
Population, 3,228.

Mississippi County

Chartered March 15, 1928.

Transit Number 81-387

O fficers
Directors
R. C. Branch
S. G. Lockhart
C. B. Wood —.-------------------- President
H. F. Ohlendorf---------V ice President
Ben F. Butler
H. F. Ohlendorf
S. G. L o c k h a r t------------------- Cashier
G. H. Florida
B. Frank Williams
Vivian S cu rlo e k ________Asst. Cashier T. P. Florida
C. B. W ood
S. W . Bowker----------------- Asst. Cashier Abe Liverant
Mary E. Balloue________________Asst.Cashier
S. G. Lockhart, J r.____ Asst. Cashier
Nora W is e ---------------------------------Asst.Cashier
Statement o f June 30, 1947
Resources
Loans and discounts____81.598,308.64
1,812.21
Overdrafts _____________
U. S. Gov't obligations-703,414.00
Other bonds and securities 215,981.25
Furniture and fixtures8,171.56
Banking h o u s e _________
1.00
Other real estate_______
1.00
Cash and due from banks 1,389,850.81

Liabilities
Capital s t o c k __________ S 175,000.00

692.24

Surplus f u n d ___________
125,000.00
Undivided profits_______
49,195.33
Reserves _______________
7,126.43
Demand d e p o sits_______ 2,871,270.73
Time deposits___________
415,225.37
U. S. Gov’t obligations-40,619.08
Public funds __________
232,795.77
Total dep._-$3,559,910.95

Total _________________ $3,916,232.71

T o t a l ______ - _________$3,916,232.71

Other resources _________

THE PLANTERS BANK, OSCEOLA
Population, 3,226.
Chartered April 13, 1944.
Officers
W . J. Driver, Sr___________ President
C. E. Dean Vice President & Cashier
J. P. Herndon_________ Asst. Cashier

Mississippi County
Transit Number 81-745
Directors
J. T. Cromer
Faber White
C, E. Dean
L. C. B. Young
W. J. Driver, Sr.

Statement o f June 30, 1947
Resources
Loans and discounts____$ 586,638.05
U. S. Gov’t obligations 743,347.29
Other bonds and securities 155,780.17
Furniture and fix tu re s-6,096.54
Cash and due from banks
922,149.26

Total



.$2,414,011.31

Liabilities
Capital s t o c k -------------— $
75,000.00
Surplus f u n d -----------------50,000.00
Undivided p r o f i t s ----------22,061.35
Reserves --------------------2,856.13
Demand d e p o sits------------ 1,699,977.36
Time deposits -------------292,413.6.3
U. S. Gov’t deposits--'__
30,938.40
Public funds
______
230,764.44
Deposits o f banks_______
10,000.00
Total dep__ $2,264,093.83
Total

.$2,414,011.31

Thirty-Third Report

W

BANK OF OZARK, OZARK
Population, 1,402.
Chartered June 9, 1987.
Officers;
W. A. Hudspeth_President & Cashier
Frank N. Johnston____Vice President

Franklin County
Transit Number 81-727
Directors
W. A. Hudspeth
Jeta Taylor
Frank N. Johnston
Romie Wilson

Statement o f June 30, 1947
Resources
215.828.29
Loans and discounts____ $
Overdraft.
549.09
IT. S. Gov’t obligations_
843,500.00
Other bonds and securities
51,848.55
50.00
Furniture and fixtures.. Banking h o u s e ________ _
2,750.00
Cash and clue from banks
“>20.547.59

Liabilities
Capital s t o c k _______________________ $25,000.00
Surplus fund _
.
20.000.no
Undivided profits________
3,801.55
Demand d e p o sits________ 1.238,779.94
Public fu n d s ____________
147,992.03
Total dep._-$1,380,772.57
--------------------Other liabilities ______ .

Total _____________

Total _________________ 81,441,074.12

509.00
81,441,074.12

THE SECURITY B ANK A N D TRUST COMPANY, PARAGOULD
Population, 7,079.

Greene County

Chartered February 5, 1931.
Officers
J. W . Alexander____ _______ President
S. P» McHaney______ Vice President
E. R. Browning
_________ Cashier
Emily Meiser.___________ .Asst. Cashier

Transit Number 81-82

Directors
J. W . Alexander
S. P. McHaney
E. R. Browning
L. G. Staub
W . E. Ellington
Ike Willeockson
J. C. Honey
J. E. Winn
R, V. McCoy

Statement of June 30, 1947

Resources
Loans and discounts___781,715.10
Overdrafts — ---------------33.30
U. S. Gov’t obligations__ 1,229,777.82
Other bonds and securities 291,694.69
Furniture and fixtures__
3,188.01
Banking house ________
15,250.00
Cash and due from banks 1,026,346.46

Liabilities
Capital sto c k _______
_$
50,000.00
Surplus fund
______
_
75,000.00
Undivided p r o fit s __ _
65,442.46
Reserves
_ _____ __
4,456.00
Demand deposits _
2,262,835.85
Time d ep o sits__
608,169.70
U. S. Gov’t deposits.____
7,950.60
Public funds ------------- _. 273,429.20
Total dep. _$3,152,385.35
Other liabilities

T o t a l _____ _____ ____ -$3,248,005.38




Total

_ _

721.57
_

_ _.$3,348,005,38

State of Arkansas: Bank Department

80

BANK OF PARKDALE, PARKDALE
Population, 278.

Ashley County

Chartered February 1, 1910.

Transit Number 81-416
Directors

Officers

President
J. A . Williams— ----------J. H. Caldwell______ -Vice President
Cashier
J. P. Caldwell------- —

J. H. Caldwell
J. P. Caldwell

J. A. Williams

Statement o f June 30, 1947
Resources
Loans and discounts._ .$261,835.93
282.39
Overdrafts
U. S. Gov’t obligations. __ 134,236.38
Other bonds and securities
3,219.50
585.25
Furniture and fixtures.
Cash and due from banks. 83,050.25

Liabilities
Capital stock __________ . $ 15,000.00
._ 20,000.00
Surplus fund — _
Undivided profits
30,150.48
1,000.00
Reserves
- ___
Demand deposits
. 335,616.38
Time deposits _
34,780.33
U. S. Gov’t deposits
2,237.53
Public funds
.
44,425.03
Total deposits $417,059.27

—$483,209.70

Total ________________ _.-$483,209.70

Total _

___

FIRST STATE BANK, PARKIN
Population, 1,412.
Chartered June 5, 1925.
H. L.
F. E.
G. D.
S. N.

Officers
Coldren______________President
Brenner________ Vice President
Carter________________ Cashier
Green____________Asst. Cashier

Cross County
Transit Number 81-676
F. E. Brenner
G. D. Carter
H. L. Coldren

Directors
H. L. Coldren, Jr.
N. E. Thomas

Statement o f June 30, 1947
Resources
Loans and discounts____$ 644,449.49
U. S. Gov’t obligations_
278,809.13
Furniture and fixtures_
1,409.42
Banking house ________
1,050,00
Other real estate_______
1.00
Cash and due from banks
253,108.18
Other r e s o u r c e s _______
540.00

Liabilities
Capital s t o c k ___._____ __$
25,000.00
37,500.00
Surplus fund _________
Undivided profits -------19,944.05
Demand deposits ______ 1,035,562.48
U. S. Gov’t deposits____
20,883.43
Public f u n d s ___________
37,861,14
Total dep. -$1,094,307.05
Other liabilities _______

Total _ _ ____ ,_________ $1,179,367.22




Total _

2,616.12
$1,179,367.22

81

Thirty-Third Report

BANK OF PEA RIDGE, PEA RIDGE
Population, 72,
Chartered May 6, 1911.

Benton County
Transit Number 81-468
Directors
J. F. Patterson
W, T. Patterson
R. B. Patterson

Officers
W. T, Patterson.^President & Cashier
R. B. Patterson______ .Vice President
Alvin Arm strong__ ...A s s t . Cashier

Statement of June 30, 1947

Resources

Liabilities
Capital stock __ _
Loans and discounts__ ___ $173,304.12
. . . $ 25,000.00
Surplus fund _ _ _ _ __ 10,000.00
Overdrafts _ ________ _—
423.57
Furniture and fixtures______________ 2,000.00
Undivided profits
...
6,590.66
214,917.97
Demand deposits
700.00
Banking h o u s e ________
Time deposits _ _ _ ___ 22,793.53
Cash and due from banks. 119,851.07
Public funds
__
16,976.60
Total deposits $254,688.10
Total

Total _ . . . . . . . . ______ $296,278.76

.

$296,278.76

THE PERRY COUNTY BANK, PERRYVILLE
Perry County

Population, 577.
Chartered December 8, 1945..
Officers
D. O. Thomas__________ ____ President
B. J.
fridge_______ Vice President
H. E. Van Dalsem_________ .Cashier
J. H. Moore________ — Asst. Cashier

Suf

Transit Number 81-752

Directors
J. D. Parish
B, J. Suffridge
S. C. Gutowski
D. O. Thomas
L. E. Jones
H. E. Van Dalsem
Joseph Lipsmeyer Paul Van Dalsem

Statement of June 30, 1947
Resources
Loans and discounts______ $ 96,037.08
U. S. Gov’t obligations___ 192,076.17
Furniture and fixtures
350.00
Cash and due from banks 217,720.10

Total




.$506,183.35

Liabilities
Capital stock ____________$ 25,000.00
Surplus f u n d ____________
5,000.00
Undivided p r o f i t s _______
1,165.01
Demand d e p o sits ________ 379,176.24
Public funds ____________ 86,326,71
Deposits of b a n k s ________
9,515.39
Total deposits $475,018.34
Total

.$506,183.35

State 0/ Arkansas: Bank Department

82

PIGGOTT STATE BANK, PIGGOTT
Population, 2,084,
Chartered March 10, 1930.

Clay

C o u n ty

Transit

N um ber

Officer^.

81-698

f >i rectors

V , C. W right_______________President
H.
C. R o b b in s ---------------V i c e P r e s id e n t
R . B , W o f f o r d ____________________ C a s h ie r
W . L e g g e t t , J r ----------- Asst. C a s h ie r
T.
J . W . H a r r i s _______________A s s t . Cashier

J . W . H a m ilt o n
H . F . Leggett
T . W . L e g g e tt.
H . C R o b b in s

G . W ill R eves
V, C. W r i g h t

Jr.

Statement of June 30, 1947

Resources

Liabilities

L o a n s a n d d is c o u n t s _____ $ 2 0 5 , 7 8 7 .3 s
17. S . G o v ’t o b li g a t i o n s __ 1 ,3 8 5 ,5 0 0 .0 0
1 8 8 ,4 0 0 .0 0
O t h e r b o n d s a n d s e c u r itie s
F u rn itu re a n d f ix t u r e s . _
1 .0 0
B a n k in g h o u s e _____________
5, 000.011
C a s h a n d d u e f r o m b a n k s 2 8 4 ,5 3 8 .9 2
O t h e r r e s o u r c e s __________
.8 8

C a p it a l s t o c k ______________ $
3 0 ,0 0 0 .0 0
Surplus f u n d _____________
4 5 ,0 0 0 .0 0
U n d iv id e d p r o f i t s _______
2 5 ,2 1 1 .1 2
3 0 ,0 0 0 .0 0
R e s e r v e s . _________________
D e m a n d d e n o s its ________ 1 ,5 3 7 ,9 2 3 .5 0

T o t a l ____________________ . $ 2 , 0 6 9 , 2 2 8 .1 3

T im e d e p o s i t s _____________
U . S , G o v ’t d e p o s i t s _____

5 6 ,7 2 5 .7 6
1 ,6 1 7 .0 0

Public fu n d s ___________
Total dep. .81,989,017.01

342,750.75

T o ta l

_

.$ 2 ,0 6 9 ,2 2 8 .1 3

FIRST STATE BANK, PLAINVIEW
P o p u la tio n , 7 0 4 .
C h a r te r e d J a n u a r y 1 2 , 1 9 3 4 .

Yell

C o u n ty

Transit Number

8 1 -2 3 4

Directors

Officers
Donald

B a r g e r __________ ______ P r e s id e n t
M . A . V a n d o v e r ________ V i c e P r e s id e n t
W infred H o p p e r _______________ Cashier
F lo r a K e e n e r _____________ . . A s s t . C a s h ie r

W illie
P. V .
C. B .
S. W .
M, A .

C a v in e s s
G eorge
Law
L o fla n d
V andover

S ta te m e n t o f June 3 0,

B ill A i k m a n
D o n a ld B a r g e r
L . C. B rea sh ea rs
W a l t e r Caviness

1947

Resources

Liabilities

L o a n s a n d d is c o u n t s _____ $
U . S . G o v ’ t o b li g a t io n s __
O t h e r b o n d s a n d s e c u r itie s
Furniture a n d fixtures —
Banking h o u s e -----------------Other r e a l e s t a t e ------------C a sh an d due fr o m b a n k s

1 1 0 ,9 6 5 .6 5
7 5 0 ,5 0 0 .0 0
6 5 ,5 3 3 .3 5
1 6 1 .8 8

1.00
1 .0 0
2 7 8 ,6 2 3 .4 0

C a p it a l s t o c k ______________ $
4 0 ,0 0 0 .0 0
S u r p lu s f u n d ______________
2 0 ,0 0 0 .0 0
U n d iv id e d p r o f i t s ________
4 3 ,6 1 9 .6 4
D e m a n d d e p o s its ________ 1 ,0 6 3 ,8 8 7 .6 4
U . S . G o v 't d e p o s i t s _____
2 ,0 5 9 .7 3
P u b lic f u n d s ______________
3 4 ,9 7 9 .8 3
D e p o s it s o f b a n k s ________
1 ,2 3 9 .4 4

Total dep. .81.102,166.64
Total _




$1,205,786.28

Total _

$1,205,786.28

83

Thirty-Third Report

BANK OF POCAHONTAS, POCAHONTAS
P o p u la tio n ,

Chartered October

8,028.
31,

Randolph County

1903.

Officers
Dr J. W . Brown__ _______ President
R, K, H o s e y ______
. Vice President
Harry A Belford
_ . Cashier
S ta te m e n t o f

Directors
F. E. Belford
J. W. Brown
H airy A Belford
R. R . H o s e y
Tom Bigger
June 30, 1947

Resources
Loans and

d i s c o u n t s -____$
O v e r d r a f t s _________________

Transit Number 81-297

5 1 6 ,5 3 7 .1 6

88.70
U. S. Gov’t obligations-- 1,981,800.00
Other bonds and securities
3,825.94
Furniture and fix tu re s-8,018.21
Cash and due from banks
416,196.08
Other resources - - - - - - - 21,785.76

Liabilities
Capital s t o c k ___________ $
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ________

50,000.00
50,000,00
31,860.84
1 5 ,0 0 0 .0 0

Demand deposits ---- ------- 2,532,985.93
Time deposits________
2,023.66
21,751.99
U. S. Gov’t deposits____ _
Public fu n d s ____ _______
237,624.05
Deposits of banks ______
6,561.95

Total dep._$2,800,947.58
O t h e r l i a b i l i t i e s _____ ______
T o ta l

. . . ___________ _____ $2,948,231.83

THE

PEOPLES BANK,

P o p u la tio n , 5 1 8 .
C h a r te r e d J a n u a r y 2 2 , 1 9 0 8 .

A.
H.
M.

T o ta l

O ffic e r s
J . G r e g o r y _________________ P r e s id e n t
H. N a f f ________________V i c e P r e s id e n t
D . P u g h ___________ ,_ _ A s s t . C a s h ie r

4 2 3 .4 1

. . . _________________ $ 2 ,9 4 8 ,2 3 1 .8 3

PORTLAND

Ashley

C o u n ty

T r a n s it N u m b e r 8 1 -2 4 8
D ir e c to r s
A . J. G regory
H . H . N a ff

H. L.

N a ff

Statement of June 30, 1947
R esou rces
L o a n s and d is c o u n ts ________ $ 1 4 2 ,9 1 6 .8 8
U . S . G o v ’t o b li g a t io n s -------- 2 4 6 ,6 0 0 .0 0
F u r n i t u r e a n d f i x t u r e s ____
7 0 0 .0 0
C a s h a n d due f r o m b a n k s .
8 6 ,9 0 9 .3 2
O th er resou rces _ _ _ _ _ _ _ _ _
4 ,7 9 2 .5 0

Liabilities
Capital stock — _______ ___ $ 25,000.00
Surplus fu n d ______ _
40,000.00
Undivided p r o fit s ________ 11,109.94
Reserves _________ — ____ 10,000.00
Demand deposits____ ____ 303,848.70
Time deposits____________
25,740.45
U. S. Gov’t deposits______
9,806.09
Public funds . . . ____
56,337.86
Total deposits .$395,733.10

Other
T o t a l ___________________ $481,918.70




lia b ili tie s _____ . . . ____

7 5 .6 6

T o t a l ___________________ $481,918.70

State of Arkansas: Bank Department

84

PORTLAND BANK, PORTLAND
Population, 518,
Chartered April 23, 1900,

Ashley County
Transit Number 81-247

Officers
Felix P u g h ________________ President
R, B. Neweome, J r____ Vice President
3. E, L a r r is o n ______________ Cashier
lx. Thornton __________ Asst, Cashier

Directors
H. E, Coekerham
Gus Pugh
R, B. Neweome, Jr.
Joe Pugh
Felix Pugh

Statement of
Resources
Loans and discounts_____ _$143,942.81
U. S, Gov’t obligations____ 330,404.76
Other bonds and securities 23,910.00
Furniture and fixtures___
1,440.00
Banking h o u s e ___________
2.100.00
Other real estate________
601.00
Cash and due from banks. 337,758.67
1.00
Other re so u rce s_________

unc 30, 1947

T o t a l__________________ $840,158.24

Liabilities
Capital s t o c k ____________$ 20,000.00
Surplus f u n d _____________ 50,000.00
Undivided p r o f i t s _______
53,501.24
R eserves_________________
5,400.00
Demand d e p o s its ________ 608,944.22
Time d e p o sits ____________ 86,803.99
Public f u n d s _____________ 15,508.79
Total deposits _$711,257.00
T o t a l_________ ________ $840,158.24

CITIZENS BANK, POTTSVILLE
Population, 308.
Chartered August 13, 1913.
Officers
W. H. R a n k in _____________ President

Kenneth E. Owens____Vice President
G. C. O w e n s ________________ Cashier

Pope County
Transit Number 81-551
Directors
G. C. Owens
W. H. Rankin
Kenneth E. Owens

Statement o f June 30, 1947
Resources
Loans and discounts______ $ 28,711.75
Overdrafts ______________
6.86
U. S. Gov’t obligations____ 160,300.00
Other bonds and securities
1.00
Furniture and fixtures___
200.00
Banking h o u s e ___________
171.00
Cash and due from banks. 45,714.06
Other re so u rce s_________
26.44

Liabilities
Capital stock* __________ $ 20,000.00
Surplus f u n d ____________
1,000.00
Undivided profits ________
3.511.57
R eserves_________________
3,000.00
Demand d e p o s its ________ 193,942.26
U. S. Gov’t deposits______
545.49
Public f u n d s _____________ 13,131.79
Total deposits _$207,619.54

T o t a l __________________ $235,131.11

T o t a l ___________________ $235,131.11

♦First preferred stock with par value if $12,500.00 and common stock with
par value o f $7,500.00.




85

Thirty-Third Report

THE FARMERS AMD MERCHANTS BANK, PRAIRIE GROVE
Population, 887.

Washington County

Chartered August 29, 1904.
Officers
E, D. Bogart----------------- ---- -President
E. C, C a r l __________ Vice President
D, E, R i e f f _______________ __ Cashier

Transit Number 81-256
Directors
R. D. Bogart
J. C. Parks
E. C. Carl
W. E. N. Phillips
Dr. W . H. Mock
D. E. Rieff

Statement o f June 30, 1947
R esou rces

L iab ilities

Loans and discounts____ $ 428,986.75
O v erd ra fts______________
99.33
U. S. Gov’t obligations__
336,100.00
Other bonds and securities
68,518.44
Furniture and fixtures____ .
1.00
Banking house
_______
1,000.00
Cash and due from banks 428,771.17
Other resources___
1,297.32

30,000.00
Capital stock-___________ $
Surplus fu n d _______
30,000.00
Undivided p r o fits ___ ___
38,856.36
Demand d ep osits ___________ 933,921.46
Time deposits __________
206,266.53
U. S. Gov’t deposits_____
4,625.39
21,104.27
Public funds ___________
Total dep.__$1,165,917.65

Total

______ 264,774.01

Total _______ — ________ $1,264,774.01

BANK OF PRESCOTT. PRESCOTT
Population, 3,177.
Chartered August 10, 1904.
Officers
Thos. C. McRae, Jr. ________ President
Thos. M. Bemis _____ Vice President
Wren S c o t t
____ Vice President
W . R. Hambright .___._________ Cashier
O. J. Stephenson-_____ Asst. Cashier
J. A. Yancey____________ Asst. Cashier

Nevada County

Transit Number 81-140
Chas.
Thos.
W . R.
Thos.
D. L.

Directors
H. Tompkins C. D. MeSwain
M. Bemis
Wren Scott
Hambright
D. K. Bemis
C. McRae, Jr. W . V. Tompkins
McRae, Jr.
Sam T. White

Statement of June 30, 1947

ResourceLoan> and discounts____3 277,368.79
l'. S. Gov't obligations.. 2,230,800.00
Other bonds and securities
53,531.62
Furniture and f i x t u r e s 4,000.00
Banking h ou se__ _______
9,700.00
Cash and due from banks 1.037,136.69
Other resources..... .......... 17.307.25

Total ________________ $3,629,844.35




Inabilities
Capital stock __
.$ 75,000.00
75,000.00
Surplus fund
Undivided profits
___
21,768.86
Reserves
_ __
4,531.76
1temand deposits . . _ .
. 3,033,942.24
Time deposits
. _ __.
164,003.23
T, S. Gov’t deposits
1,976.86
Public funds
. 253,621.40
Total dep..-$3,453,543.73
Total

.$3,629,844.35

88

State of Arkansas: Bank Department

BANK OF QUITMAN, QUITMAN
Population, 393,

Cleburne County

Chartered August 15, 1903.

O fficers
W , H. M c N a ir ____________-President
Ben F. Clark
Vice Pres. & Cashier
N. H. Tarver ._________ Asst. Cashier
Edith E lli s
_____ ____ Asst. Cashier
Lillian S e lb y ___________ Asst. Cashier

Transit Number 81-424

Directors
J. A, Bailey

W . H. McNair
N. H. Tarver

Ben F. Clark
Edith Ellis

Statement of June 30, 1947
Resources
Loans and discounts __ _ S172.2K5.19
4.64
Overdrafts ______________
U. S. Gov’t obligations____ 551.000.0n
Other bonds and securities 29.559.30
2.200.00
Furniture and fixtures___
1.00
Banking house _____ ____
Cash and due from banks. 1X7.532.60

Liabilities
Capital s t o c k __ _ ______ S 25,000.00
Surplus fund _ - _ __ 15,000.00
25,280.95
Undivided profits _ ______
___ 840,780.28
Demand deposits . .
...
__
4,300.00
Time deposits
Public funds
------ _ __ 32.221.50
Total deposits _$877 ,301.78

_ $942,582.73

Total _____ _ _ _ _ _ _ —

Total

_____ — _______ $942,582.73

THE BANK OF RECTOR, RECTOR
Population, 1,736.

Clay County

Chartered November 15. 1930.

Transit Number 81-173

Officers
J. C. H ard in _________________ President
J. A . Marlar________ — Vice President
O. A . Harper — ----— — — Cashier
Claudia Justus ________ Asst. Cashier

J. C. Hardin
T. C. Justus

Directors
J. A . Marlar
E. M. Purcell

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts------ $ 603,436.09
36.41
O v erd ra fts--------------------- 536,515.00
U. S. Gov’t obligations__
Other bonds and securities 115,880.66
3.756.68
Furniture and fixtures __
254,289.11
Cash and due from banks
1.013.18
Other resources --------------

Capital stock — _____________ 30,000.00
Surplus fund ________ —
45,000.00
Undivided p r o fits _____ —
22,561.00
Demand deposits_ 1,314,302.80
U. S. Gov’t deposits______
16,946.79
Public fu n d s_
86.116.54
Total d e p -.$1,417,366.13

Total




$1,514,927.13

Total

.$1,514,927.13

87

TMr tu- Third Report

FARM ERS AND MERCHANTS BANK, REYNO
Population, 346.

Randolph County

Chartered December 8, 1911.

Transit Number 81-427

Officers

Directors
President Moina J. Barton
Glenn Brown
Glenn B r o w n _________ Vice President F. E. Belford
Harrell Simpson
Freda M. Brown ______ ______-Cashier Freda M. Brown
F. E. Belford

____

Statement of June 30, 1947
Resources
Loans and discounts______ $126,687.73
Overdrafts

____

369.93

U. S. Gov’t obligations___ 245,000.00
Furniture and fixtures___
900.00
Banking h o u se -------- --------2,700.00
Cash and due from banks- 101,785.71
Other resources_____ ____
547.70

Total ___________________ $477,991.07

Liabilities
Capital stock ------- ------------ $ 25,000.00
Surplus f u n d _____________
5,000.00
Undivided p ro fits_____ ___
3,902.49
Reserves _____
4,000.00
Demand deposits____ ______ 423,772.74
U. S. Gov’t deposits______
4,380.08
Public fu n d s ______________ 11,935.76
Total deposits -$440,088.58
Total __________________ _$477,991.07

THE BANK OF RISON, RISON
Population. 1,005.

Chartered March 7. 1932.

Cleveland County
Transit Number 81-428

Directors

Officers
J. L. M oore_______ __________President
J. L. Sadler___________ -Vice President
J. E. McCoy ____________Vice President
Herman D a vid son
______-Cashier
Robert L. Searcy
Asst. Cashier
Hazel S m it h _____ ____ __Asst. Cashier

Herman Davidson
J. E. Goggans
J. L. Moore
J. E. McCoy
R. T. McCoy

Jo Nichol
J. L. Sadler
Max M. Smith
B. W . Thomasson

Statement of June 30, 1947
Resources
Loans and discounts-___$ 106,341.75
U. S. Gov’t obligations-_ 664,371.40
15,721.21
Other bonds and securities
1.973.00
Furniture and fixtures__
Banking h o u s e __
1.800.00
9.00
Other real estate__ ____
312,374.99
Cash and due from banks

Total




$1,102,591.35

Liabilities
Capital sto c k ____________i
Surplus f u n d ---------- ------Undivided p r o fits ____ __
R eserv es______ _____ ___
Demand deposits________
Time deposits____________
Public funds — ____ _____
Deposits of banks_____ __
Total dep— $1,O il,592.87
Total

25.000. 00
25.000. 00
24,108.82
16,889.66
788,656.34
110,959.86
105,676.67

6,300.00

$1,102,591.35

State of Arkansas: Bank Department

88

THE BANK OF RUSSELLVILLE, RUSSELLVILLE
Population, 5,927.

Pope Comity

Chartered December 22, 1897.
Officers
Geo. S. N e a l-----------------------President
R. L. Jenkins_________ Vice President
M, J. H ic k e y ________________ Cashier
Robert H, Parker______ Asst. Cashier

Transit Number 81-119

II, J. Hickey
R. L. Jenkins
A. M. Mathews

Directors
Geo. S. Neal
C, M. Richmond

Statement o f June 80, 1947
Resources
Loan.' and discounts____$ 557,148.88
U. S. Gov't obligations_ 2,007,888.82
Other bonds and securities 253,400,01)
Banking h o u s e ________
15,000.00
Other real estate_______
20.00
Cash and due from banks 850,496.57
Other resou rces________
630,00

Liabilities
Capital s t o c k __________ $ 100,000.00
20,000.00
Surplus f u n d __________
Undivided profits ______
193,242.49
Demand d ep osits_______ 2,385,088.17
Time d e p o s its _________
775,448.05
Ik S. Gov’t deposits_____
33,985.62
Public fu n ds____________
107,667.25
Deposits of banks_______
8,717.78
Total dep.. -$8,870,906.87

Total ________________ $3,684,149.36

Total __________ _______$3,684,149.36

PEOPLES EXCHANGE BANK, RUSSELLVILLE
Population, 5,927.

Chartered March 24, 1890.
Officers
L. B. M cC lu re_____________President
Donald Barger__Exec. Vice President
C. E. Lem ley _________ Vice President
John T. L it t le _______________ Cashier
Hazel G. Little_________ Asst. Cashier

Pope County

Transit Number 81-118
Directors
Lee Cheek
Donald Barger
John W, Leonard
G. M. Cook
Chas. M, Howell
A. B. Friday
J. Madison White
Ike A. Laws
L. B. McClure

Statement o f June 30, 1947
Resources
Loans and discounts____$ 924,983.11
U. S. Gov’t obligations_ 1,884,839.69
Other bonds and securities 154,350,57
Furniture and fixtures-..
5,404.82
Banking house ________
15,000.00
Other real estate_______
4.00
Cash and due from banks
746,696.85

Total




.$3,731,278.54

liabilities
Capital s t o c k __________ $ 100,000.00
Surplus f u n d ___________
20,000.00
Undivided p r o f i t s ______
89,842.86
Demand d e p o sits_______ 2,763,273.35
Time d e p o s its _________
473,661.44
U. S. Gov’t deposits_____
19,819.93
Public f u n d s ---------------181,636.64
Deposits of banks_______
83,044.32
Total d e p - -$3,521,485.68
Total

.$3,731,278.54

Thirty-Third Report

89

BANK OF SALEM, SALEM
Population, 574.
Chaitered Deeembe) IK 1903
<ifficeiv
!U-i\ 1 a-tUberry
_ _

Fulton County
Tranvf

N um ber 81-430
Direeior-

_ ‘.'resident

P J. Humphries

_ .Yiee President
Fay Castleberry - „ Cashier
_ Asst. Cashier
■fim Humphries __
A bee Cray
.
_ Asst. Cashier
<’orwii! Mo-ey _
A s m , Cashier
Staff mem of

Fay Castleberry
Rex Castleberry

II. ,1. Humphries

line 30, 1947

Resources
I/ iua ami discount?- . - ^ 520,557.82
*>vei draft"
___ _____
801.85
l S.
obligations. _ .Vyi.POO.OO
<Cher 0ond> and seeuritie1,7.12.65
F irnitmv and fixtures
7,011.00
Hanking ilouse ... _____
800.00
Cmh and due from Sank.■
‘ '.'v5.211.09

Liabilities
Capital s t o c k ______ . . . $ 25,000.00
Surplus fund ______
..
25,000.00
Undivided profits . . .
_
22,910.25
Demand deposits
. - 1,061,687.60
Time d e p o s its ______
.
30,603.52
U. S. Gov’t deposits __ .
7,068.75
Public f u n d s ________
75,724.20
Total dep__ $1,175,084.07

Total ______ __________$1,247,994.32

Total ________ _______ $1,247,994.82

LOGAN COUNTY BANK, SCRANTON
Population, 322.
Chartered April 7, 1926.

Logan County
Transit Number 81-686

Officers

Directors

J. D. K n ig h t_______________ President
Leonard A h n e ________ Vice President

Frank Ahne
Leonard Ahne

J. D. Knight
Joe Fritsche

Frank A h n e ______________ ___ Cashier
Joe Fritsche __________ Asst. Cashier
Statement o f June 30, 1947
Resources
Loans and discounts.____$ 422,955,05
U. S. Gov’t obligations_
277,500.00
Furniture and fixtu res-1.00
Banking h o u s e _________
100.00
Cash and due from banks
383,668.17

Total



,$1,084,224.22

Liabilities
Capital s t o c k ---------------_$
15,000.00
Surplus f u n d ________
12,500.00
Undivided profits__ _____
19,350,82
Reserves ____________
8,500.00
Demand deposits____ _____
991,496.67
Time d ep osits_____________
13,026.50
U. S. Gov’t deposits_____
7,093.29
Public funds______________
17,256.94
Total dep.__$l,028,873.40
Total

.$1,084,224.22

90

State of Arkansas: Bank Department

THE SEARCY BANK, SEARCY
Population, 3,670.
Chartered May 1, 1943.
Officers
E. P. Pyeatt ___._____ ___ ___ President
H. K. W o o d -----------,__ .Vice President
Frank S. Leavitt------------ ------- .Cashier
Marian S ch w a rz ________Asst. Cashier

White County
Transit Number 81-154
Directors
Thomas A. Watkins
Cal Aclin
E. P. Pyeatt
H. K. Wood
Hubert Smith

Statement o f June 30, 1947
Resources
Loans and discounts__— $1,092,420.09
O v erd ra fts------ -------------,
3.89
U. S. Gov’t obligations— 1,531,305.22
Other bonds and securities 657,794.85
Furniture and fixtures __
4,000.00
Cash and due from banks 1,120,165.50

Liabilities
Capital s to c k * ______ ____$ 100,000.00
Surplus f u n d ______ _____
30,000.00
90,045.70
Undivided profits ______
Reserves ___________ ____
16,000.00
Demand deposits_____ __ 3,612,668.46
43,279.18
U. S. Gov’t deposits _____
Public funds____________
400,922.99
Deposits of banks_____ _
112,773.22
Total dep— $4,169,643.85

Total _________ ____ ___$4,405,689.55

T o t a l ____ _____________$4,405,689.55

* First preferred stock with par value of $46,000.00 and common stock with
par value of $54,000.00.




Thirty-Third Report

91

THE SECURITY BANK, SEARCY
Population, 3,670.

White County

Chartered February 6, 1932.
Officers
A. J. Stephens_____________President
B. C. Huddleston_____ Vice President
H. M. Thompson_____ Vice President
E. 0 . Yancey______ Exec. Vice Pres.
& Cashier
E. M. Twyford_______ Asst. Cashier
C. I. Stevens___________ Asst. Cashier
W. O. Dobbins....... ....-_Asst. Cashier
Lucille Holleman__. . ...Asst. Cashier

Transit Number 81-153
Directors
H. M. Thompson
B. C. Huddleston
E. O. Yancey
K. B. Band
J. W. Sanford
Bay A. Yarnell
A. J. Stephens

Statement of June 30, 1947
Resources
Loans and discounts____ $ 693,693.93
Overdrafts _ ___________
60.47
U. S. Gov’t obligations-897,536.45
Other bonds and securities 392,391.36
Furniture and fixtu res-5,456.15
Banking house _________
1.00
Cash and due from banks
610,928.10
Other resources ________
752.00

.$2,600,819.46

Total _

Liabilities
Capital sto c k _______________100,000.00
Surplus fund __________
60,000.00
Undivided profits
____
56,559.68
7,500.00
Reserves _ ______________
Demand deposits ______ 2,076,570.18
U. S. Gov’t deposits____
24,767.28
Public funds ___________
205,862.81
Deposits of banks_____ _
69,559.51
Total dep. -$2,376,759.78
Total _

.$2,600,819.46

GRANT COUNTY BANK , SHERIDAN
Population, 1,338.
Chartered July 29, 1903.
Officers
J. A . McCoy_____ ___________ President
A . L. Blakely________Vice President
Coats A . Mitchell______ ______ Cashier

Grant County
Transit Number 81-432
Directors
A. L. Blakely
D. E. McCoy
O. P. Cearley
J. A . McCoy
Coats A . Mitchell
O. R. Kelly
C. A. McCoy

Statement of June 30, 1947
Resources
Loans and discounts____ $ 336,056.71
U. S. Gov’t obligations-_
752,062.50
Other bonds and securities
11,150.00
Furniture and fixtures__
198.64
Banking h o u s e _____ ___
1.00
Cash and due from banks
289,859.36

T o t a l ________________ $1,389,328.21



Liabilities
Capital s to c k ___________ $
25,000.00
Surplus fund ___________
25,000.00
Undivided p r o fits _______
63,369.46
Demand d ep o sits___ ____ 1,051,626.61
Time d e p o s its __ ______
15,163.89
U. S. Gov’t deposits_____
17,877.13
Public f u n d s _________191,192.57
Deposits of banks_____ _
98.55
Total dep. -$1,275,958.75
Total

$1,389,328.21

92

State of Arkansas: Bank Department

BANK OF SHERRILL, SHERRILL
Population, 258.

Jefferson County

Chartered August 18. 1913.

Transit Number 81-556

Officers

Directors

A. R. Merritt__________ ___ President

Jim G. F ord__________ Vice President
Mrs, A. R. Merritt__________ Cashier

E. L. Burgess
K. P. Cratin

A. R. Merritt
Jim G. Ford

Statement o f June 80, 1947
Resources
Loans and discounts_____$148,021.92
U. S, Gov’t obligations. _ 270,100.00
Other bonds and securities 46 ,750,00
Furniture and fixtu res. _
300.00
Banking h o u s e __________
1,400.00
Cash and clue from banks 119.264.19

Liabilities
Capital stock* _________.__$ 25,000.00
Surplus fund ____________
8,000.00
Undivided profits ________
4,551.12
Reserves __________________
11,500.00
Demand deposits_________ 439,043.73
Time d eposits___ ________
53,445.05
Public fu n d s _____________
39,296.51
Total deposits 8531,785.29

T o t a l____________________$580,836.41

T o t a l____________________ $580,836.41

* First preferred stock with par value of $12,500.00 and common stock with
par value of $12,500.00.

BANK OF SIDNEY, SIDNEY
Population, 153.

Sharp County

Chartered September 23, 1912.
ft, S.
J. P.
R. C.

Atlee

Officers
Westmoreland_______ President
Pounders_______ Vice President
Pounders_______________ Cashier
C. Pounders______ Asst, Cashier

Transit Number 81-522

Directors
J. P. Pounders
R. C. Pounders
O. S. Westmoreland

Statement of June 30, 1947
Resources
Loans and discounts_____ $ 5,886.17
Overdrafts _ _____________
1.45
U. S. Gov’t obligations___ 280,240.00
Furniture and fixtures__
1.00
Banking h o u se ___________
1.00
Cash and due from banks. 117,335.66
Total




.$403,485,28

Liabilities
Capital s t o c k ____________ $ 5,000.00
Surplus f u n d _____________
5,400.00
Undivided p r o f it s ____ ___
822.51
Demand d ep o sits__________ 391,414.93
Public fu n d s ______________
827.84
Total deposits $392,242.77
Total

.$403,465.28

93

Thirty-Third Report

BRATT-W ASSON BANK, SILOAM SPRING'S
Population, 2,764.
Chartered April 8 , 1932.
Officers
__ President
Marion Wavsot* . Sadie Motion' . _ ____Vice President
Ynl W asson _ , _
.V ice President
Tom Whiteside.. Vice Pies. & Cashiei
Elsie Sumner . .
_
Asst. Cashier
Mae Sample
_ „ _ _A ss!. Cashier

Benton County
Transit Number 81-706
Directors
Sadie Momoe
Vol Wasson
Elsie Simmer
Tom Whiteside
Marion Wasson

Statement o f June 30, 1947

f.iahilitK-

Resources

Loans and discount'''.

. S 791,672.40
_
1,522.58
Overdrafts ___ _
C. S. Gov’t obligation?- 2.151.091.50
Other bonds and securities 111,344.10
Furniture and fixtures.
10.904.74
Banking house .
4.200.00
Cash and due from bank1- *25,095.51
Other resources . . . . _
10.184.12

>3,915,914.95

Total

Capital Mock _ ____ ..8
75.000.O0
Surplus f u n d __ _______
25.000.00
Undivided profits ....... _
29.312,74
Reserves _________ .
24,800,00
Demand deposits _____ 3.272,269,44
Time deposits __ . ___
362.563.35
U. S. Gov’t deposits. __
63,027.00
Public funds __ __
__
63,942.42
Total dep._-$3,761,802.21
Total

$3,915,914.95

S M A C K O V E R STATE B AN K ,SM A C K O V E R

Population, 2,235.
Chartered April 18, 1928.
Officers
J. E. Berry _______________ President
Mike B e r g ____________Vice President
L. E. Tennyson, Jr._________ Cashier
R. N. Manley__ _______ Asst. Cashier

Union County
Transit Number 81-654
Directors
Homer T. Rogers
H. L. Berg
L. E. Tennyson, Jr.
Mike Berg
J. E. Berry

Statement of June 30, 1947

Resources
Loans and discounts____$
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fix tu res-_
Banking h o u s e _______ _
Cash and due from banks
Other resou rces_____ ___

Total



361,678.47
256,556.24
395,203.23
4,764.92
3,500.00
414,471.95
877.49

,$1,437,052.30

Liabilities
Capital s t o c k -----------;
Surplus f u n d ______ ____
Undivided p r o f i t s ______
R ese rv es______ _____ ____
Demand deposits
_____

Time deposits__________
U. S. Gov’t deposits_____
Public fu n d s ___________ _
Total dep.__$l,335,889.50
Total

25,000.00
25.000.00
21,162,80
30.000. 00
1,084,756.53
192,491.64
12,228.80
46,412.53

$1,437,052.30

94

State of Arkansas: Bank Department

CITIZENS BANK, SMITHVILLE
Population, 250.

Lawrence County

Chartered March 20 , 1901.

Transit Number 81-434

Officers
R. S. R a in w a te r__________ President
A. M. Starr ---------------- Vice President
Luke J o h n s to n ______________ Cashier
Flynn J u stu s__________ Asst. Cashier

Directors
Sloan Rainwater, Jr.Webster Perkins
R. S. Rainwater, Sr. A. M. Starr
Mrs. R. S. Rainwater

Statement of June 20, 1947
Resources
Loans and discounts_____ 8163,270.10
Overdrafts ______________
335.14
U. S. Gov’t obligations____ 665.640.oo
Other bonds and securitie>
7,920,90
Furniture and fixtures__
1,601,00
Banking h o u s e __________
1.00
Cash and due from banks- 159.435.2.4

Liabilities
Capital stock _
.. _ -.$ 10,000.00
Surplus fund
. 15,000.00
Undivided profits
.
6,855.07
Reserves
___ .
5,000.00
Demand deposits
_ -. 908,644.42
Public funds
. 52,953.09
Total deposits -3961,597.51

Total _______________ ___ $998,452.58

Total

__ _.$998,452.58

MERCHANTS AND PLANTERS BANK, SPARKM AN
Population, 840.

Dallas County

Chartered September 9, 1916,

Transit Number 81-581

O fficers

Directors

C. F. S tu r g is_______________President
S. B. H orn e__________ Vice President
C. E. H a y s ____________________Cashier

Garland Gaston
C. E. Hays
S. B. Horne

C. F. Sturgis
W . P. Sturgis
P. H. Taylor

Statement of June 30, 1947
Resources

Loans and discounts____ 8 106,783.94
U. S. Gov't obligations__
680.100.00
Other bonds and securities
7,921.00
Furniture and fixtu res-.
975.00
Banking house__________
2,400.00
Other real estate________
1.00
Cash and due from banks
440,334.02

Liabilities
Capital s t o c k ___________ $
10,000.00
Surplus f u n d __________
18,000.00
Undivided profits______ _
5,875.64
Demand deposits_____ 1,118,432.60
Time deposits________________ 24,414.10
Public fu n d s__________
61,642.92
Total, d e p - -$1,204,489.62
Other liabilities

Total




.$1,238,514.96

Total

149.70
$1,238,514.96

95

Thirty-Third Report

FIRST STATE BANK, SPRINGDALE
Population, 3,319.

Washington County

Chartered February 12, 1923.

Transit Number 81-856

Directors

Officers
_____
_Tbesident
Tom Hargis
Shelby Foid__ ______ Vice President
............. Vice President
T. L, Fowler
3. R. Joyce __________
Vice President
J. S. Watts . _ ______ VicePresident
L, E. Johnson . _____ Vice President
Joe M. Steele
___ . Vice President
J. T. Bain
_____- _____
_<'ashiei
Mace D. H o w e l l V i b e President
Alice Vanzant - - Asm Casbiei

Shelby Ford
T, L. Fowler
C. L. Geoige
Tom Hargis
Elmer Johnson
L. E. Johnson

J. R, Joyce
Dr. C. P. Sisco
Joe M. Steele
J. S. Watts
A. P. Wilson

Statement of June 30, 1947

Liabilities

Resources
Lean.- and discounts ..A 71b,115.18
IT S. Gov’t obligations__ 1,239,339.50
Other bonds and securities 217,225.23
Furniture and fixtures
5,<U1.50
Bi liking h ou se_____ . _
4 .000.00
Cush and due from banks
*73,765.54
i )t her resources
.............
10,334.14

Total ________ _______ .$3,093,421.09




Capital stock _ __ . ___ $ 40,000.00
Surplus fund _
40,000.00
Cndivided profit25,264.48
Reserves - _
. . _ ___
20,000.00
____ 2,084,705.64
Demand deposits
Time deposit___
634,641.78
U. S. Gov’t deposits.
22,226,60
226,582.59
Public funds _____ ____
Total dep__ *2.908,158.81
Total

. - _$3,093,421,09

State of Arkansas: Bank Department

96

BODCAW BANK, STAMPS

Population, 2,405.

Lafayette County

Chartered December 8, 1902.

Transit Number 81-436

Officers

Directors

C. L. Cabe ------------------ .-------- President
J. C. C a b e ------------------ Vice President
Dr. F. E. Baker_______ Vice President
A. P. B e a sle y _______________Cashier
C*. C. R u ssell_______ ___ Asst. Cashier

C. L. Cabe
J. C. Cabe
Dr. F. E. Baker

A. P. Beasley
W . R. Boney
R. T. Boulware

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts____$ 297,914.97
U. S. Gov’t obligations-_
658,900.00
Other bonds and securities 170.007.45
Furniture and fixtures-_
100.00
Banking h o u s e ________
1.000.00
29.52
Other real estate ______
Cash and due from banks
331,456.43
Other resources _________
2,793.49

Capital s t o c k ----------- ----- $
50.000.00
Surplus f u n d ___________
50.000.00
Undivided p r o fits _____ _
54,944.30
Reserves _____________________20.628.83
Demand d e p o sits____ ,__ 1,048.265.05
Time deposits __________
150,598.77
U. S. Gov’t deposits____ _
12,325.28
Public fu n d s____________
70.439.68
T o ta l d e p .__ $ 1 .2 8 1 ,6 2 8 .7 3

.$1,457,201.86

Total

Total

.$1,457,201.86

BANK OF STAR CITY, STAR CITY
Population, 1,090.
Chartered April 7, 1925.

Officers
W . R. Alsobrook___________ President
T. S. Lovett, Jr________ Vice President
I. A . Cham bers_______________ Cashier
Zenobia F rizz e ll________Asst. Cashier

Lincoln County
Transit Number 81-437
Directors
Dr. H. B. Alsobrook Clyde E. Fish
W . R. Alsobrook
T. S. Lovett, Jr.
I. A. Chambers
G. D. Smith

Statement of June 30, 1947

Resources
Loans and discounts____$ 165,459.25
451.800.00
U. S. Gov’t obligations__
Other bonds and securities 121.700.00
2 . 100.00
Furniture and fixtures__
5,000.00
Banking h o u s e ____ _____
Other real esta te________
304.099.34
Cash and due from banks

1.00

Total




$1,050,159.59

Liabilities
Capital s t o c k ___________!
Surplus f u n d ___________
Undivided p r o fits _____ _
Reserves ________________
Demand deposits____ ___
Time deposits___________
Public f u n d s ___________
Deposits of banks____ ____
Total deposits $956,950.21
Total

20 . 000. 0 0
20. 000. 00
48,449.38
4,760.00
630,630.81
90.221.36
230.789.83
5,358.21

$1,050,159.59

97

Thirty-Third Report

THE STEPHENS SECURITY RANK, STEPHENS
Population, 998.

Ouachita County

Chartered February 8, 1946,

Transit Number 81-755

Officers

Directors
James Smith

Chas. T, Reveley ______ ___ President

Floyd Bryan

James S m ith _________ Vice President

G. W . Haltom
Chas. T. Reveley

Floyd B r y a n _____ ,___________Cashier
James S. Ainsworth.------Asst. Cashier

A. B. Turner

N. S. Yarbrough

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts______ 8142,231.73
U. S. Gov’t obligations____ 214,599.48
Other h<md' and securities
S7.250.7l
5.788.42
Furniture and fixtures__
Banking house _________ _
4,915.04
Cash and due from hanks.
I*>6.231.77
Other resources
. ___
516,00

Capital stock --------------------•*? 25,000.00
Surplus fu n d ------- -------------8,000.00
Undivided profit:- . .
.
4,559.29
Demand d ep osits -------------- 409,473.48
Time deposits-------------------- 25,000.00
U. S. Gov’t deposits ---------6,061.64
Public fu n d s ______________ 103,438.80
Total deposits .$543,973.92

T o ta l_________ ________ ..$581,533.21

T o ta l___________________$581,533.21

CITIZENS BANK, STRONG
Population, 762.
Chartered January 19, 1931.

Union County
Transit Number 81-441

Officers

O. B. C la r k __ ___ _________ President
C, B. Bird ___________ ..V ic e President
B.

F in n e y _________ __________ Cashier

C. B. Bird
C. H. Bird
O. B. Clark

Directors
J. E. Cooper
E. W . Smith

Mrs. Laura Robertson._Asst. Cashier
Statement of June 30, 1947
Resources
Loans and discounts_____ $187,169.33
U. S. Gov’t obligations____ 247,550.00
Other bonds and securities
8,705.00
Furniture and fixtures___
1.00
Banking h o u se ___________
300.00
Other real estate__________
1.00
Cash and due from banks. 252,275.68

Total




,$696,002.01

Liabilities
Capital stock______________$ 25,000.00
25,000.00
Surplus fund ____________
Undivided p ro fits_________ 25,034.74
Reserves _________________
564.42
Demand d e p o sits _________ 574,872.10
Time deposits____ ___ ____
29,170.51
U. S. Gov’t deposits. _____
2,145.73
Public fu n d s __________
14,214.51
Total deposits .$620,402.85
Total

,$696,002.01

§8

State of Arkansas: Bank Department

THE FARM ERS AND MERCHANTS BANK, STUTTGART
Population, 5,628,

Arkansas County

Chartered December 29, 1944.
Officers
G. H. F ran zen _____________ President

G. B. S h a fe r _________ Vice President
R, F, H o w e __________ Vice President
J, C. B a rn e tt______________ Cashier

Transit Number 81-747

Directors
R. B, Curtis
I). C. McDonald
G. H. Franzen
G. B. Shafer
K. F. Howe
Ralph Wilson
Russell McCollum

Statement o f June 30, 1947
Resources
Loans and discounts____$ 379,030.10
U. S, Gov't obligations. _ 1,088,079.77
Other bonds and securities 254,220.90
Furniture and fix tu re s-.
1 1,399.83
Banking house ______ _
20,020.00
Cash and due from banks
504,094.22
Other resou rce s__ _____
527.1 *

Total ________________ $2,257,372.09

Liabilities
Capital s t o c k __________ S
7.5,000.00
Surplus f u n d ---------------35,000.00
Undivided p r o f i t s ______
18,176.33
Demand d e p o sits_______ 1,815,620,13
Time deposits __________
192,694,51
U. S, Gov’t deposits____
6,050.60
Public fu n d s __ _________
111,730.52
Deposits o f banks_______
2,500.00
Total dep. . 32,129,195.76
Total ___________

$2,257,372.09

CITIZENS BANK, TILLAR
Population, 229.
Chartered July 28, 1913.
V.
C.
J.

Drew County
Transit Number 81-446

Officers
_
Directors
V. C. Harrell
B. C. Prewitt
C. Harrell _____________ President
H. Kimbro_________Vice President
C. H. Kimbro
W. S. Wood
H. Kimbro_______________ Cashier
J. H. Kimbro
Statement of June 30, 1947

Resources
Loans and discounts_____ 4 14,749.33
O verdrafts________________
34.43
U. S. Gov’t obligations___ 338,700.00
Other bonds and securities 57,807.50
Furniture and fixtures___
.50
Banking h o u se___________
.50
Cash and due from banks- 91,767.85
Other resources__________
2,376.03
Total




$505,436.12

Liabilities
Capital stock______________$ 25,000.00
Surplus fu n d ______________ 25,000.00
Undivided profits_________
17,631.16
Demand dep o sits_________ 371,504.52
U. S. Gov’t deposits______
2,627.35
Public funds _____________
63,673.09
Total deposits -$437,804.96

Total

_________________ $505,436.12

99

Thirty-Third Report

BANK OF TR U M AN N . TRUM ANN
Population, 3,381,

Poinsett County

Chartered October 26, 1911
Officers
Geo, 0 , Campbell___________ President
Geo. B. C ash __________Vice President
M. T. Byrn _______.____Vice President
Earl Yarbrough _____________ Cashier
Clyde Robertson, Jr.____Asst. Cashier
Statement o f
Resources
Loans ami discounts .
524,993.97
U, S, Gov't obligations >3,0004)0
Other bonds and securities
23.600.00
Furniture and fixture'
1.00
Banking house____ ____
1,200.00
Cash and due from batiks 1.195,528.53

Total

Transit Number 81-488
Directors
M. T. Byrn
J. F, Lady
Geo. O. Campbell
Geo. B. Cash
Norris C. Taylor

une 30, 1947

Liabilities
Capital stock
_ __ .,_8 50,000.00
Surplus fin d
35.000.00
53,640.55
Undivided p r o f i t s ______
Renotw17.167.46
Demand deposits ._ 1,994,758.83
Time dep osits_______
8,300.00
C, S. Gov’t deposits____
12,248.89
Public fu n d s_______ . _
151,607.77
Total dap. --$2,161,915.49
Total

12,347,723.50

.$2,347,723.50

BANK OF TUCKERMAN, TUCKERMAN
Population, 875.

Jackson County

Chartered November *, L9U‘_\

Transit Number 81-44^

Officers
Directors
F, l . Perhx
__ _ _ —
ih esident O. B. Armstrong
F. L. Penix
R, O. Nor n s. _ _ .
Vice President D. C. Dowell
A.
S.Riegier
O. B. A r m s tr o n g ______ .
. <’ashier R. <> Norris

Cham Shave!1.

_

_ A - , (AGin r
St moment of June 30, 1947

Resources
Loans and discounts____$ 287,897.53
U. S, Gov’t obligations - . 628,022.51
Furniture and fixtures...
1,000.00
Banking h ou se_________
4,000.00
Cash and due from batiks
370,594.32
Other resou rces--------- 3,646.24

Total ________________ $1,245,160.60




Liabilities
Capital stock _________ .8
2o.ou0.00
Surplus f u n d ______ .
15,000.00
Undivided profits_______
18,535,63
Demand d ep osits_______ 1,031,388.22
Time deposits______ ____
48,341.29
Public funds ___________
91,759.47
Deposits of hanks;. . .
15.135.99
Total dep._$1,186,624.97
Total ______ ______

. 81,245,160.60

State of Arkansas: Bank Department

100

CITIZENS BANK AND TRU ST-COM PANY, VAN BUREN
Population, 5,422.

Crawford County

Chartered December 20, 1910.
O fficers
David T. Bryan____________President
Robert W. Geliy______ Vice President
Frank D. P a p e ______ ________ Cashier

Transit Number 81-101

Directors
David T. Bryan
Joe C. McKinney
Harry W. Bryan
Frank D. Pape
Robert W . Geliy

Statement o f June 30, 1947
Resources
Loans and discounts____$ 108,301.40
U. S. Gov’t obligations. _ 1,549,528.07
Other bonds and securities
298,068.29
Banking h o u s e ________
7,500.00
1.00
Other real e sta te _______
Cash and due from banks
475,270.34

Total ________________ $2,428,069.10

Liabilities
Capital s t o c k ---------------- $
50,000.00
Surplus f u n d ___________
50,000.00
Undivided p r o f i t s ______
36,409.97
Reserve? ________________
75,700.92
Demand d e p o sits________ 1,847,923.34
Time d ep osit?___________
264,348.59
1,417.13
U. S. Gov’t deposits_____
Public fu n d ? ____________
112,869.15
Total d e p ...$2,226,558.21
Total

_____________$2,438,009.10

PEOPLES BANK A N D TRUST COMPANY, VAN BUREN
Population, 5,422.
Chartered August 12, 1933.
O fficers
J. J. I z a r d _______ __________President
Dell Miller__ ___.V ice Pres. & Cashier
Stewart C o n d r e n ______ Asst. Cashier

Crawford County
Transit Number 81-100
Directors
Hal Brown
Dell Miller
C. E. Izard
R. C. Rhodes
Wylie B. Smith
J. J. Izard
A. W . Meier

Statement o f June 30, 1947
Resources
Loans and discounts____3 147,446.53
O v e r d r a fts _____________
260.86
U . S. Gov’t o b li g a t i o n s . _ 1,380,824.12
Other bonds and securities 146,771.05
Furniture and fix tu re s-3 ,7 4 9 .2 0
Banking h o u s e _________
5,750.00
Other real estate_______
1.00
Cash and due from banks
445,558.86
Total




.$2,130,361.62

Liabilities
Capital s o t c k ______________ 8
5 0 ,0 0 0 .0 0
44,500.00
Surplus f u n d ___________
Undivided p r o f i t s ______
7,655.67
Demand d ep osits_______ 1,428.921.50
Time d e p o s its _________
341,316.81
U, S. Gov’t deposits_____
13.608.94
Public f u n d s ___________
244,358.70
Total d e p . _$2,028,205.95
Total

.$2,130,361.62

101

Thirty-Third Report

BANK OF WALDO, WALDO
Population, 1,240,

Columbia County

Chartered September 2, 1899,

Transit Number 81-285

Officers
Directors
J, Thurston Howell W . S .
•j. Thurston Howell------ ---------P r e s id e n t
W, S . M c K i s s a c k ________ V ic e President
Mary H. Martin. ...----- -- — __Cashier Mrs, J, Thurston Howell

M c K is s a c k

Statement of June 80, 1947
Resources
Loans and discounts______ $108,663,04
U. S, Gov’t obligations____ 386,401,71
Other bonds and securities
20,233,60
Furniture and fix t u r e s ...
870.00
Banking h o u s e __________
2,500.00
Cash and due from banks.
114,800.71
Other ie s o u r e e s _ _ ________
5 3 4 .5 3

Liabilities
Capital s to c k ____________ _$ 25,000.00
Surplus fu n d ____________
5,000,00
Undivided p r o f i t s _____ 5,625.75
Reserves _____
5,000.00
Demand d e p o s its _______
535,539.70
Time d e p o sits_________
9,505.32
U . S . G o v ’t deposits _______ _
2 ,4 5 2 .8 2
P u b lic f u n d s _________________
T o t a l d e p o s i t s . $ 5 9 2 ,9 7 7 .8 4

T o t a l _____ __________

. $ 6 3 3 ,6 0 3 .5 9

4 5 ,4 8 0 .0 0

T o t a l _________________________$ 6 3 3 ,6 0 3 .5 9

THE PEOPLES BANK, WALDO
P o p u la tio n , 1 ,2 4 0 .

Chartered June 22, 1910.

C o lu m b ia C o u n ty

Transit Number 81-266

Directors

Officers
H . A . F i n c h e r ____ ___ ____ ____ P r e s id e n t
J . E . O ’ D a n i e l ___________ Vice P r e s id e n t
B . L . S c o t t ___________ , _ ___________ C a s h ie r
W . B . S a w y e r . ___ ________ A s s t . C a s h ie r

E . F . F in c h e r
G . L . F in c h e r

W . O . F in c h e r
,T. E . O ’ D a n ie l

H. A. Fincher

Statement o f June 30, 1947
Resources
L o a n s and d is c o u n t s ________ $ 1 1 6 ,4 3 7 .2 5
U . S . G o v ’ t o b li g a t i o n s _____ 6 1 4 ,8 0 0 .0 0
O t h e r b o n d s a n d s e c u r itie s
4 3 ,3 4 0 .0 0
F u r n i t u r e a n d f i x t u r e s ____
1 .0 0
B a n k i n g h o u s e __________
1 .0 0
O t h e r r e a l e s t a t e __ ,________
1 .0 0
C a s h a n d d u e f r o m b a n k s . 1 9 8 ,3 6 6 .1 6

Total




.$9 72,9 46 .4 1

L ia b ilitie s
C a p it a l s t o c k _________________ $ 2 5 ,0 0 0 .0 0
S u r p lu s f u n d ________ _________
2 5 ,0 0 0 .0 0
U n d iv id e d p r o f i t s __________
1 ,1 9 9 .6 9
D e m a n d d e p o sits ________ ___ 7 6 0 ,3 3 7 .5 6
T im e d e p o s i t s _____ __________
9 4 ,9 0 6 .7 9
U . S . G o v ’t d e p o s i t s ._______
5 ,0 2 1 .7 1
P u b lic f u n d s _________________
6 1 ,4 8 0 .6 6
T o t a l d e p o s i t s . $ 9 2 1 ,7 4 6 .7 2

T otal

$ 9 7 2 ,9 4 6 .4 1

102

State of Arkansas: Bank Department

BANK OF W ALDRON, W ALDRON
Population, 1,298.
Chartered April 3, 1901.
Officers
W. B. P i l e s _______________ President
C. E. Forrester______Vice President
M. C. B i r d __________________ Cashier
Claude W, Harrison____Asst. Cashier
Mollie E. Center_______ Asst. Cashier

Scott County
Transit Number 81-239
Directors
Miles Dozier
W. A. Bates
M. C. Bird
C. E. Forrester
Mollie E. Center
W . S. Mitchell
W. B. Piles
Gene Davidson

Statement o f June 30, 1947
Resources

Loans and discounts____$ 423,139.71
Overdrafts _____________
565.84
U. S. Gov’t obligations_ 1,509,280.00
Other bonds and securities
74,550.59
Furniture and fixtu res-125.00
5,300.00
Banking h o u s e _________
Cash and due from banks
706,841.20
Other resou rces________
4,300.00
$2,724,102.34

’ Total

Liabilities
Capital s t o c k ___________$
50,000.00
Surplus f u n d ___________
35,000.00
Undivided p r o f i t s ______ . 25,509.35
Demand d e p o sits_______ 2,113,668.37
Time dep osits___________
272,410.53
II. S. Gov’t deposits_____
48,637.85
Public fu n d s ____________
178,876.24
Total dep ,--$2,613,592,99
Total

.$2,724,102.34

MERCHANTS AND PLANTERS BANK, W ARREN
Population, 2,516.
Chartered March 15, 1890.
O fficers
Carl H o llis ________________ President
G. B. Colvin__________ Vice President
F. M. Holt_____Vice Pres. & Cashier
A. L. M o o d y __________ Asst. Cashier
Helen N. H arris______ Asst. Cashier

Bradley County
Transit Number 81-159
Directors
G. B. Colvin
J, E. Stewart
Carl Hollis
J. C. Thompson
F. M. Holt
Arthur Weiss
J. P. Lambert
O. W. Wheless
Dr. Rufus Martin

Statement of June 30, 1947
Resources
Loans and discounts____$ 510,364.90
Overdrafts ------------------758.15
U. S. Gov’t obligations_ 1,061,662.49
Other bonds and securities 612,399.81
Furniture and fixtures
1,480.55
Banking h o u s e -------------12,112.28
Cash and due from banks
515,494.93
Other resou rces________
3,158.98

Total ________________ $2,717,432.09



Liabilities

Capital s t o c k _____ _____ $
75,000.00
Surplus f u n d ____
60,000.00
Undivided p r o f i t s ______
42,029.01
Demand d ep osits------ — 1,754,664.27
Time dep osits____
603,950.62
U. S. Gov’t deposits_____
33,462.93
Public funds — _______
143,696.27
Deposits o f banks_
4,628.99
Total dep._-$2,540,403.08
Total ________________ $2,717,432.09

Thirty-Third Report

WARREN

BANK,

Population, 2,516,

WARREN

Bradley County

Chartered December 28, 1901.
Officers
Louis Ederington __________President
John T, Ederington__ Vice President
M. C. S in g e r _________________ Cashier
M. S. Thompson_______ Asst. Cashier

103

Transit Number 81-160

Directors
F, Martin Hankins J. K. Gannaway
J. T. Ederington
L, H. Derby
Louis Ederington
S. B. Meek, Jr,
L, W. Ederington
M. C. Singer
,L B. Frazer

Statement of June 30, 1947
Resources
Loans and discounts____ $ 618,143.52

1,774.69

Overdrafts

U. S. Gov’t obligations_ 1,167,239.00

Other bonds and securities 250,803.05
1,519.28
Furniture and fix tu res-17,553.40
Banking house
. .
1.00
Other real estate
558.560.01
Cash and due from banks
370.75
Other resources _ _ _
Total

__

__

$2,615,964.70

__

Liabilities
$ 75,000.00
Capital stock
75,000.00
Surplus fund
47,121.96
Undivided profits
5,820.10
Reserves .....
1,678,737.24
Demand deposits
538,761.85
Time deposits
54,926.23
U. S. Gov’t deposits.
140,597.32
Public funds
Total dep.__$2,413,022.64

$2,615,964.70

Total _ ..

BANK OF W EINER, W EINER
Population, 447.
Chartered April 2, 1909.
Officers
L. Hogue ________________ President
R. A. Ziegenhorn______ Vice President
E. E. H o g u e
___________ .Cashier
H. E. W inters_________ Asst. Cashier
Margaret W inters____ ,__Asst. Cashier
Lena F r e n c h ___________ Asst. Cashier

Poinsett County
Transit Number 81-456
E. E. Hogue
L. Hogue
F. R. Huber

Directors
Mrs. J. B. Huber
Carl Huffman
R. A. Ziegenhorn

Statement o f June 30, 1947

Liabilities

Rc-our- <•-,

Loans and discounts-, s' 1M .452.58
Overdrafts ________
.
862.51
U. S. Gov’t obligations-544.700.00
Other bonds and securities
1.053.33
Furniture and fixtures
200.00
Banking house ...............
1.00
Cash and due from haulm 275.tiyl.89
Other resou rces
*2399.15
Total




$1,006,760.46

Capital s t o c k __ _______
Surplus fund _________
Undivided p r o f i t s ______
Demand d e p o sits____
Time d e p o s its _________
U, S. Gov’t deposits____
Public funds __________
Total deposits $933,136.73
Total

25,0u0.00

25,000.00
23.623.73
867.315.93
30,225.07
40.00
35.555.73

.$1,006,760.46

104

State of Arkansas: Bank Department,

BANK OF W EST MEMPHIS, W EST MEMPHIS
Population, 3,389,
Chartered April 21, 1928.
Officers
E. J. White_____ President & Cashier
Wm. H, Hundhausen_ _ Vice President
Kathleen Y o k le y _______ Asst. Cashier
Ellene L a m b __________ Asst. Cashier

Crittenden County
Transit Number 81-895
Directors
€. H. Brown
Arthur Russell
G. M. Coleman
H. E, Thompson
H. R. Dabbs
E. J, White
Wm, H. HundhauseiD. B. Woollard
Cecil Oliver

Statement of June 30, 1947
Resources
Loans and discounts____$ 205,813.82
XL S. Gov’t obligations-665,300.00
Other bonds and securities 124,369.15
3,000.00
Furniture and fix tu res-Cash and due from banks 1.054,472.30

Total _______ ________ $2,052,755.27

Liabilities
Capital s t o c k ___________ $
50,000.00
Surplus f u n d ___________
37,500.00
Undivided profits _____
15,089.88
Demand deposits ______ 1,831,258.17
Time d e p o s its __________
129,714.88
XI. S. Gov’t deposits____
3,877.50
Public f u n d s __________
185,515.04
Total dep.__$l,950,165.59
Total ______________ --$2,052,755.27

MERCHANTS AND PLANTERS BANK, W EST MEMPHIS
Population, 3,389.
Chartered August 5, 1941.
Officers
R. E. R ob ertso n __________ President
J. C. McCaa — ______ Vice President
H. O. Coats _____________ -Cashier
Mrs. James Bledsoe___-Asst. Cashier

Crittenden County
Transit Number 81-743
Directors
John A. Cooper
Jack W. Rich
J. C. Johnson
R. E. Robertson
J. C. McCaa
John M. Smith
W. Lytle McKee

Statement o f June 30, 1947
Resources
Loans and discounts____$ 347,217.37
O v e r d r a fts -------------------25.42
U. S. Gov’t obligations-774,514.40
Other bonds and securities 165,716.33
Furniture and fix tu res-9,622.25
Cash and due from banks
831,689.07

Total




.$2,128,784.84

Liabilities
Capital s t o c k ___________ $
50,000.00
Surplus f u n d ___________
25,000.00
Undivided profits ______
48,394.11
Demand d e p o s its ________ 1,681,882.67
Time deposits __________
183,991.02
U. S. Gov’t deposits______
8,496.12
Public funds __________
96,858.73
Deposits o f banks_______
54,184.19
Total d e p .--$2,005,390,73
Total

.12,128,784.84

105

Thirty-Third Report

Rl< K G R O W E R S

RANK.

Population, 362.

W HEATLEY

St. Francis County

Chartered September 27. 1909.

Transit Number 81-458

<)t Peer'

Director.'

H K Smith, Jr,______ _____ President
Robert CarvelL.Viee Pres, & Cashier
Mcii y Frances Williams _Asst, Cashier

Robert Carvell
May me Lyon

H. K. Smith, Jr.

Statement of June 30, 1947
Resources
Liabilities
Capital stock ____________ $ 25,000,00
Loans and discounts,____ $412,343.07
U. S, Gov’t obligations___ 111,820.00
21,000.00
Surplus fund______________
Furniture and fixtures______________ 700.00
Undivided p r o f i t s _______ 26,943.13
Banking h o u s e __ ,___
1,000,00
Demand d e p o s its ________ 591,830.69
Time deposits ____________
Cash and due from banks- 209,285.60
38,405.31
Public f u n d s ______________ 31,969.54
Total deposits. $662,205.54
Total - _________ - ______ $735,148.67

T o t a l___________________$735,148.67

WILMOT STATE BANK, WILMOT

Population, §25.
Chartered October 25, 1937.

Ashley County
Transit Number 81-738

O fficers
Directors
W, N, W ilh ite _____________-President Dr. M. C. Crandall J. B. Shackelford
Dr, ML C, Crandall_____Vice President Wm. B. deYampert 6 . B. Stovall
H. L, C o w lin g ________ - ____ Cashier
E, H. Dunning
W . N. Wilhite
Statement of June 80, 1947
Resources
I.nans and discounts -.
A 90,252.79
t”. S. Gov't obligations - 92,700.00
Furniture and fixtures
750.00
Cash and due from banks _ 499,050.24

Liabilities
Capital stock ______ ______$ 25,000.00
Surplus fund______________ 15,000.00
Undivided p r o f i t s _____ _
13,720.59
Demand d e p o sits _________ 583,279.84
Public funds ____________
Total deposits- $629,032.44

Total




$682,753.03

Total

45,752.60

$682,753.03

State of Arkansas: Bank Department

106

BANK OF WILSON, WILSON
Population, 1,500.

Mississippi County

Chartered October 8, 1908.
Officers
J. H. Crain______ Chairman o f Board
Benton G a r r e t t____________President
C. J. Lowrance, Jr.____Vice President
J. B. G w y n _______________ Cashier
Marie W il s o n _________ Asst, Cashier
Lucy Childs __________ Asst. Cashier

Transit Number 81-462
Directors
S. A. Regenold
J, H. Crain
R. H. Robinson
Benton Garrett R, E. L. Wilson, Jr.
C. J. Lowrance, Jr.
J. E. Crain

Statement o f June 30, 1947
Resources
Loans and discounts____$ 927,961.25
444.87
O v e r d r a fts ______________
477,297.10
U. S. Gov’t obligations^..
Other bonds and securities 108,800.00
Furniture and fixtu res.
3,811.77
764,772.80
Cash and due from banks
5,113.66
Other resources ________

.$2,288,201.45

Total

Liabilities
Capital s t o c k ___________$
50,000.00
225,000.00
Surplus f u n d _____ _____
Undivided p r o f i t s _______
28,910.02
R e s e r v e s ________________
7,191.93
Demand deposits _______ 1,354,584.52
Time, deposits___________
141,310.93
U. S.’ Gov’t deposits______
8,215.76
Public f u n d s ___________
470,785.71
Deposits o f banks______
2,202.58
Total dep.__$l, 977,099.50
Total

.$2,288,201.45

CROSS COUNTY BANK , W Y N N E
Population, 3,633.
Chartered June 5, 1891.
Officers
Dave Block _______________ President
H. K. Barwiek, Jr------- Vice President
J. W . L ipscom b____ _________ Cashier
Wallace E ld rid g e______ Asst. Cashier

Cross County
Transit Number 81-151
Directors
H. K. Barwiek, Jr. J. C. Hilliard
Dave Block
J. W . Lipscomb
David Drexler
W . W . Shaver, Jr.
D. M. Hamrick
H. Steinberg

Statement of June 30, 1947
Liabilities
Resources
Loans and discounts____ $ 725,729.07
Capital s t o c k ___________$
30,000.00
Surplus f u n d ___________
90,000.00
Overdrafts _______ _______
70.61
U. S. Gov’t obligations_ 421.800.00
Undivided profits _____
31,148.83
Other bonds and securities 183.475.00
Demand deposits________ 1,346,564.77
71,963.43
Furniture and fixtures.
3.000.
00Time d ep o sits__________
Banking h o u s e _________
10,648.64
3.000. 00 U. S. Gov’t deposits____
Public funds_____________
185,265.72
Cash and due from banks
428,516.71
Total dep.__$l,614,442.56
Total




$1,765,591.39

Total

$1,765,591.39

Thirty-Third Report

THE BANK OF YELLVILLE, YELLVILLE
Population, 546,

Marion County

Chartered December 13, 1945.

Transit Number 81-753

Officers
H. A. B urn es_____________ President
Lon W . B e r r y ___ _____Viee President

Park G a in es_________ Vice President
Bernice Berry _____
Cashier
B. R. R iggs_______ ,____ Asst. Cashier
Statement of
Resources
Loans and discounts___— $209,977.63
U. S, Gov’t obligations____ 2 6 7 ,0 0 0 .0 0
Other bonds and securities 23,102.30
1,000.00
Furniture and fixtures___
Cash and due from banks- 304,765.55

T o t a l___

______ ____ $805,845.48




Bernice Berry
Lon W . Berry
H. A. Burnes
Park Gaines

Directors
W . M. Keeter
B. R. Riggs
Wynona Willingham

30, 1947
Liabilities
Capital s t o c k ____ __________ 25,000.00
Surplus f u n d ______ _
5,000.00
Undivided p ro fits______ __
4,318.21
Demand deposits__________ 639,902.89
Public funds _____
131,624.38
Total deposits- $771,527.27
Total

____$805,845,48




REPORT
OF
BUILDING AND LOAN DIVISION
AND
SECURITIES DIVISION




State of Arkansas: Bank Department

110

BUILDING AND LOAN DIVISION
December 31, 1946

Statement of eight active state chartered Building and Loan
Associations, compiled from annual reports rendered the Arkan­
sas State Bank Department as o f December 31, 1946.
List o f four voluntary liquidating Building and Loan A s­
sociations as of December 31, 1946.




111

Thirty-Third Report

COMBINED STATEMENT OF THE EIGHT ACTIVE STATE
CHARTERED BUILDING AND LOAN ASSOCIATIONS

AS OF DECEMBER 31, 1948
Assets
Lash o;, hand and m Duol - _ _
Ilea! estate loan- . __
Share l o a n s ........._ _ ......Loan-, on othei securities
__
Real estate contracts of sale __ Miscellaneous accounts receivable
U. S, Government obligating- „ - __

*Alter securities
. - _
Real *’state owned
__
Ileal estate -office imiiduiv, - Furniture and fixtures .
<»thei

a-w ts

T' »T A f

__

.

....................... ......................? 184,960.81
_____________
4,195,66:1.11
- 24.951.25
_________________________
30,870.53
______________ . _
.
59,117.60
________________
3,883.87
_____________
670,920.00
41,901.00
__________ .. ________
2,364.00
...
. .
. . . .
1,056.61
________________________
1,056.81
______
. _____
17,247.04
$5,233,208,13

ASSETS
Liabilities

Permanent stock, fully paid ______________ ____________ _______ ___ S 50,000.00
Installment shares ___________________________________
....207,587.83
Full paid shares _______ __ _______________________ _________
. 2.900,son. i.t
Optional shares __________________________________
.oi3.475.3n
Mortgage pledged shares _______________ __________________
..
25,437.01
Prepaid shares _________________________________________
__05,518.53
Notes payable
------------------------------ ---------------- ----------------- .. .. 391,129.94
Miscellaneous accounts payable ______________________
__1,650.98
Deposits— investment certificates __
__ .
31,500.00
Accrued interest ___________
_.
2,651.53
Legal r e s e r v e __ ________ __ ________ ____________ ____________
225.842.63
Other reserves __________ __________________ _______________
.
809.3843*2,
Undivided p r o f i t s __ ____ ,___ _____________ _____ __ _________ _____
305,230.17
Other liabilities ____________ ________ _____________ ___ ____
0 2 ,9 4 N0 O
TOTAL LIA B IL IT IE S ________________ _____ _______________ $5,223,208.13




112

State of Arkansas: Bank Department

FAYETTEV ILLE BUILDING AND LOAN ASSOCIATION
FAYETTEVILLE, ARK AN SA S
December 31, 1946
O fficers
A. C. Ucker ________________President
W . P, McNair, Jr._Exec. V. President
David M c N a i r ____________ Secretary
Assets
Cash on hand & in banks $ 27,602.38
Real estate loans________ 610,940.50
Share loans _____________
1,575.00
Contracts o f sale— real estate 7,534.22
United States Bonds _____ 170,000.00
Other secu rities __________
5,200.00
Real estate ow n ed________
1.00
Furniture and fixtures___
1.00

H. E. Cravens
Harrison Hale

Directors
H. L. Pearson
W . C. Smith

L ia b ilitie s

Notes payable ___________ 3 25,000.00
Other lia b ilities__________
278.48
Installment sh ares------------ 39,374.06
Full paid shares__________ 513.200.00
Optional payment shares
and p r o fit ______________ 108,773.53
Legal re se rv e _____________ 33,000.00
Other reserve ___________
91,000.00
Undivided p r o f it s ________ 12.228.03

$822,854.10

$822,854.10

FORREST CITY SAVINGS AND LOAN ASSOCIATION
FORREST CITY, ARK AN SAS
December 31, 1946
D irectors

O ffic e r s

Ed Ash ___________________ President
C. W . N o r to n _____________ Secretary

-A.sscits

W . E. Stevens
Gazzola Vaccaro

L iab ilitie s

Cash on hand & in banks_$ 12,530.56
Real estate loans__________ 169,255.31
Share lo a n s _______
43.55
United States bonds______
13,000.00
Other securities___ _______
3,000.00
Furniture and fixtures___
1.00




John C. Bowen
W . W . Campbell
A . L. Harris

$197,830.42

Notes payable ___________ 8
Other liabilities__________
Installment shares ________
Full paid sh ares__________
Legal reserv e_____________
Undivided profits_________

32.000.00
313.73
38.114.09
9 7 .0 5 0 JH!
10, 000.00

20.352.60

$197,830,42

Thirty-Third Report

113

UNITED BUILDING AND LOAN ASSOCIATION
FORT SMITH, A RK AN SAS
December 31, 1946
Officers
F. W . Dyke ----------- ______ President
R. A . Young ________ Vice President
Nathaniel Dyke, J r ,.. ___ Secretary
Martin T. Dyke ,— __ Vice President
and Treasurer
Brady Pryor _ _ _ . ..
. Attorney

Directors
W . V . Boatwright
A . R. Noe
R. B. Cutting
Brady Pryor
R. J. Ross
C. C. Davis
Allen Henderson

Assets
Cash on hand & in banks I
66,095.57
Real estate loans-------- __ 1,721,136.91
Share lo a n s _________
3,500.00
United States bonds__
309,020.00
12,500.00
Other securities _ ___
Furniture and fixtures.
1,306.71
Other assets ____ _
5,297.18

Liabilities
Notes payable _____ ____ $ 125,000.00
Other lia b ilitie s___ ____
52,013.30
31,500.00
Deposits, H. O. L. C. ____
66,921.30
Installment shares ______
Full paid shares___ _ 1,376,400.00
Optional payment shares
385,859.21
and p r o fit____ __
Legal reserve _____
38,877.06
20,595.51
Other reserve _____ ____
Undivided p r o fits __ ____
21,689.99

$2,118,856.37

$2,118,856.37

JONESBORO BUILDING AND LOAN ASSOCIATION
JONESBORO, ARK ANSAS
December 31, 1946
O fficers
E. L, Westbrooke, Sr.__ President
E. L. Westbrooke, Jr.__Viee President
J. E. Gregson
___________Secretary
W. H. James ____________ Bookkeeper

Directors
F. J. Gregson J. H. Little, Jr.
J. R. Gregson E. L. Westbrooke, Sr.
J. B. Hinson
Edward Westbrooke, Jr.

Assets
Cash on hand & in banks_$ 6,041.13
Real estate loans..__ _
252,229.86
Loans on other securities.
100.00
Contracts o f sale— real
estate ______
10,905.49
Real estate— office building 7,500.00
Furniture and fix tu re s .__
1.00
Other assets _________—
7,522.07

Liabilities
Notes payable ___________$105,809.94
Other liabilities____
17,122.33
Installment sh ares ____ 28,892.50
Legal reserve ______
11,379.31
Other r e s e r v e ___ ___
20,862.55
Undivided p ro fits----- ------ 100,232.92

$284,299.55

$284,299.55




114

State o f Arkansas: Bank Department

CITIZENS BUILDING AND LOAN ASSOCIATION
JONESBORO, ARK AN SA S
December 31, 1946
Officers
President
William R. Stuck. ______
Charles A. Stuck ________ .Secretary
.Mary Lucile C ollier. ____Bookkeeper

Directors
Charles A. Stuck
Florence Stuck
William R. Stuck
Martha G. Stuck

Assets
Cash on hand & in banks, _$ 437.22
Real estate lo a n s _________
2,643.53
Loans on other securities_ 25,550.02
Contracts o f sale— real estate 19,866.91
Miscellaneous accounts rcbl. 3,883.87
Real estate o w n e d ________
2,350.00
Other a s s e t s ______________ 2,000.00

Liabilities
Notes p a y a b le _____ _______ $10,000.00
Other lia b ilitie s ___________ 3,146.38
Full paid s h a r e s ____ ______ 27,675.00
Legal r eserv e __________
2,984.25

$56,736.55

$56,736.55

Other reserv e________
Undivided p r o f it s _________

6,198.75
6,732.17

PEOPLES BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, A R K A N SA S
December 31, 1946

O fficers

Directors

W . W . F in c h ______________ President
and Secretary
Claibourne W . Conway .V ice President
Carl H o llis ___________ Vice President
and Chairman of Board
W . C. T h o m a s _____________Treasurer
and Assistant Secretary
Pearl H in k le ____ Assistant Secretary

Robert C. Bird
Claibourne W .
Conway
W . W . Finch
Pearl Hinkle

Carl Hollis
W . C, Thomas
Mrs. Evalyn S. Lipe

Assets

Liabilities

Cash on hand & in banks_$ 10,288.28
Real estate loans---------------- 810,193.24
Share loans — ----------------7,402.70
Contracts of sale— real
12,739.56
e s t a t e ------ — ----------- —
United States bonds---------64,000.00
Other securities -------------8,200.00
Furniture and fixtures__
1,053.61

Notes payable ___________ $ 65,000.00
Other liabilities__________
11,133.03
Installment shares ______
28,113.56
Full paid s h a r e s _________ 585,975.00
Prepaid sh a r e s___________
65,513.53
Legal re se rv e _____________ 84,902.01
Other reserve ___________
31,393.69
Undivided profits _________ 41,846.57

$ 9 1 3 ,8 7 7 .3 9

$ 9 1 3 ,8 7 7 .3 9




Thirty-Third Report

115

ARGEN TA BUILDING AND LOAN ASSOCIATION

NORTH LITTLE ROCK, ARKANSAS
December 31, 1946
O fficers
Lee Miles .— _______________President
Joe W . P u g h ________ Vice President
and Treasurer
Solon Humphreys _______ Secretary
and Manager
Derail Eason_Cashier and Bookkeeper
Mrs. W. F. Spradling..Stenographer
A sscts
Cash on hank'& in banks.$ 37,451.33
Real estatte loans ______ __ 350,943.32
Share loans _____________
150.00
Contracts o f sale— real
estate ______
2,483.23
United States bonds______ 107,400.00
Other secu rities_________
10,101.00
Real estate owned . . . . __
3.00
Other assets ____

Directors
Mrs. Lucy P. Humphrey sLee Miles
Solon Humphreys
Joe W . Pugh

12.30

Liabilities
Miscellaneous accounts
payable ____ ____________ $ 1,656.96
Other liabilities__________
8,835.37
Full paid shares__________ 156,450.00
Optional payment shares
and profits — _________ 118,842.56
Legal reserv e____________ , 30,000.00
Other reserv e____________ 133,966.34
Undivided p r o fit s ________ 58,792.95

$508,544.18

$508,544.18

W ARREN BUILDING AND LOAN ASSOCIATION
W ARREN, A R K A N SA S
December 31, 1946
Officers
J. R. G annaw ay____________President
Louis E derington____ Vice President
B. R. W a r d la w _____________Secretary
B. B a l l ____ _________________Attorney

Directors
B. Ball
J. R. Gannaway
Louis Ederington
N. R. Herring
J. B. Frazer

Assets
Cash on hand & in banks_$ 4,514.34
Real estate loans-------------- 278,315.41
12,280.00
Share loans --------------------Loans on other securities.
5,220.51
Contracts of sale— real
estate
------ -— _______
5,588.19
United States bonds---------7,500.00
Other securities .— -------2,900.00
Real estate owned — -----10.00
Real estate— office building 1,465.00
Other a s e s t s ------- ---------—
2,416.09

Accrued in te re st_________
2,651.53
105.44
Other liabilities__________
Mortgage pledged — shares
and dividends__________
25,437.01
Permanent stock, fully paid 50,000.00
Installment shares ______
6,172.12
Full paid shares... _______ 144,100.45
Legal reserve ___________ 14,700.00
Other reserv e____________
5,368.08
Undivided profits _____
43,354.94

$320,209.57

$320,209.57




Liabilities

Notes p a y a b le ___________ $ 28,320.00

State of Arkansas: Bank Department

116

LIST OP POUR VOLUN TARILY LIQUIDATING STATE
CHARTERED BUILDING AND LOAN ASSOCIATIONS
IN A RK AN SAS
AS OF DECEMBER 31, 1946
Leader Building and Loan Association________ ,______ _____Little Rock
Prudential Building and Loan Association------- ------------- - Little Rock
Equitable Building and Loan Association_______________.L ittle Rock
Young Men’s Building and Loan Association____________ Little Rock




SECURITIES DIVISION




118

State of Arkansas: Bank Department

COMBINED STATEM ENT OF RESOURCES AND LIABILITIES
OF FIT E INDUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER ACT 111 OF 1941
June 30, 1947
Assets
Cash on hand and in banks_________________ .____________ ._______ $
Loans
_ -------------.---------------------------------------------------------------------Miscellaneous accounts receivable_____________________ _________
Bonds and securities-_____________ _______- _________ ______ ________
Furniture and fixtures_______________ ..______ ___ ___________ _
Other assets ______________ ___ ____ ____ _____ __________________—
TO TAL A S S E T S

Miscellaneous accounts payable______________________________
Thrift savings certificates _________________ ._________ _______________
Debentures _ ______________,_______________ ______ __ .._____ _____ ___ _
Other liabilities ___________ ________ _________________ ______ ________
Reserves _ __________________________________________________________
Common stock ____________________________ _________ _____ ________ ,____
Preferred stock _________________ ______________— ___ _
Surplus _ .---------------------------------- ----- ------ -------- ------------------ ----- ----- ----Undivided p r o fits --------------------- ------------------- --- --- ----- ----- ------------------ASSETS




52,662.00
4,337.94
30,044.69

_ _ _ _____________________________ ______________$1,004,769.35

Liabilities
Investment certificates ___________ ______ ___ _____ _________________ _$
Notes payable _____________________ ______________ _____ ______ ,_____ _

TOTAL

34,725.38
882,959.07
40.29

11,018.24
264,964.16

11,485.88
101,542.97
76,300.00
15,810.59
22,528.34
240,000.00
67,975.00
181,121.40
12,022.77

_______________________ _____ __________________________$ 1 ,0 0 4 ,7 6 9 .3 5

Thirty-Third Report

m

COMMERCIAL CREDIT PLAN, INC.
LITTLE ROCK, ARK AN SA S
June 30, 1947
O fficers
W . B. Wylie— ____ _
W . E. Mules— — -------- ---- ----S. M. Chesney__________

______________
President
___ ___________ __ __ Secretary
______ __________
Treasurer

A s s e ts

Liabilities

Cash on hand and in banks $ 4,837.90
Loans _ .. ___________
131.512.70

Notes p a y a b le ____________$107,964.16
U n e a r n e d interest and

Miscellaneous a c c o u n t s
rcbl. _ ---------------------—
Bonds and securities___ _

discount _______________
Common stock
...

8,727.86
50.u00.00

Surplu- .
..
Reserves _ ____ _______ .

16,991.48

40.29

52,662.00
88.50

Other assets ---------

81*9,141.39

5,457.89
$189,141.39

F R IE N D L Y F IN A N C E C O M P A N Y
F \ Y F.TTEV 1L L E . A R K A N S A S

June 30, 1947
O ffic e rs

Harvey L. Joyce.
John H. Joyce
Helen M. Joyce...

President
Vice-President
Secretary

Liabilities

A s s e ts

Cash on hand and in banks $
Loans _ _________________
Furniture and fixtures
Other assets _ — ------ .

470.17
9,847.20
39.77
26.93

Miscellaneous a c c o u n t s
payable _ ______ — ____ $
205.00
Common s t o c k ___ _______
10,000.00
Reserves _ ________________ _
179.07

$ 19,384.07

10,384.07

MORGAN PLAN COMPANY
TEX AR K A N A , A R K A N SA S
June 30, 1947
O ffic e r s

J. R. Gunter — - ____ ____ _______ _
F. E. Wilson ____ _________________
S. H. Atkinson ____ _____ ___________

__ _ _ _ ------ President
------- Vice-President
Secretary-Treasurer

Assets
Cash on hand and in banks $ 10,846.85
Loans ________________ ___ _ 124,043.46
Furniture and fixtures __
514.44

Liabilities
Investment certificates __ $ 5,768.24
Notes p a y a b le ____ ,_____ _
4,000.00
Common s t o c k ___ _____ __ 50,000.00
Surplus _ _____ ___ _______ 74,074.46
Reserves _ --------- ------------- 1,562.05

$135,404.75

$135,404.75




State of Arkansas: Bank Department

120

N A TIO N AL CREDIT CORPORATION
PINE BLUFF, ARK AN SA S
June 30, 194?
____ President

N. J, Gantt, Jr. _
Y . D. W e b b ____
C. A . D a v ie s ___
C. S. McNew, Jr.

Vice-President

__ _ Secretary
Treasurer

Assets

Cash on hand and in banks ; 3,387.31
Loans _ . .
— ___— 187,042.45
285.62
Furniture and fixtures __

Liabilities
Investment ce rtifica te s ___ $ 5,250.00
Notes payable
18,000.00
Miscellaneous a c c o u n t s
payable_________________ ,
749.83
Other liabilities __________
95.06
Common s t o c k ___________ 100,000.00
Surplus _ ________________
27,500.00
R eserves__________________
7,097.72
Undivided profits ______
12,022.77

$170,715.38

$170,715.38

PEOPLES LOAN AN D IN VESTM ENT COM PANY
FORT SMITH, A R K A N SA S

June 30, 1947
Officers
R. A . Y o u n g __________________________________________ President
W . A . N eedham ____ ____________________________Vice-President
R. C. H elvie________________ Secretary and General Manager
Mary C. S i m s _______________________________________ Treasurer

Assets
Cash on hand and in banks $ 15,183.13
Loans
— — ____ __— 450,513.26
Furniture and fix tu res
3,498.11
Other a s s e t s ___ __________ 29,929.26




$499,123.76

Liabilities
Thrift Savings C e r ts.____ $101,542.97
Notes p a y a b le ___________ 135,000.00
Miscellaneous a c c o u n t s
payable_________________
10,531.05
Other liabilities___ _________
6,987.67
Debentures (1965 Matur­
ity) _ _________
76,300.00
Common s t o c k -------- ,-----30,000.00
Preferred s t o c k ___ _______ 67,975.00
Surplus _ _______
62,555.46
R eserves______ _______________
8,231.61
$499,123.76

121

Thirty-Third Report

COMBINED STATEM ENT OF ASSETS AND LIABILITIES OF
TW EN TY-SIX INDUSTRIAL LOAN INSTITUTIONS
OPERATING UNDER ACT 135 OF 1937
JUNE 30, 1947
Assets
__ ____________ _________________ ____ $ 201,184,99
Loans _ -------------------- _________ _______ _______ ,_____ _____ 1,908,884.12
Miscellaneous accounts receivable
_________ _________ _____ _____
32,838.12
Cash on hand and in banks

U. S. Bonds and other see in i t i e s ______ ______,_____________________
. . . ____
. ____ ____________ _____ ___,_________
Furniture and fixtures - - ,
. . ___ _______________ ___ ____ ___ _
Real estate owned
__________________ ___ ____ ___________
Other assets .
___ ________________________________ _

Office buildings

TO TAL A SSE T S

29,601.55
37,201.14
21,162.86
41,946.60
20,096.55

__________ - _________ __________ _ ____________ ____ $2,290,875.93

Liabilities
Notes payable _______________________________________________________ $ 863,613.61
Miscellaneous accounts payable __________________________
54,240.95
Unearned interest _____________________________ _________ _____ ____
87,220.12
Other liabilities _____________________________— ____ _____ __________
17,146.81
Investment savings certificates_____________ _____ ,____ ___ _________
97,917.02
Investment bonds ___________________________ ______ _____ .___________ _
40,830.28
38,083.63
Mortgages and liens _______ _____ ____________________ _________ ____
Debentures _ _____________________________ ___ _____ __ ____ _________
30,000.00
77,777.86
Reserves _ _____________________________________
Common stock ________ ___ ________________ ______________ _____ ____
532,588.40
Branch Capital _________________________________
303,402.84
Preferred stock ____________ ________________ .____________ _________
19,693.66
S u r p lu s _____________
72,056.78
Undivided profits __________________________
56,303.97
TOTAL LIA B IL IT IE S




_______________ ________________ ____________$2,290,875.93

122

State of Arkansas; Bank Department

A RK A N SA S ACCEPTANCE CORPORATION
HARRISON, A RK AN SAS
June 30, 1947
Officers
Verl H u dspeth --------------------President and General Manager
Rabie Rhodes ___________ __________________ Vice-President
L. A . W a tk in s _________ ,________ ____ ________ Vice-President
Roy L. Baker, J r . ____ ____ _________ _____ ____ _____ Secretary
J. M. B u llo ck ---------- ----- ------------------------------------ ----- Treasurer

Assets
Cash on hand and in banks $ 28,082.98
Loans _____________________ 168,981.24
Miscellaneous a c c o u n t s
receivable ______________
127.00
Furniture and fixtures __
1.129.66
Other a s s e t s ______________
42.77

Liabilities

'

Notes payable ___________ $111,500.00
Miscellaneous a c c o u n t s
payable _ __________ ____
Unearned in terest_____ .__
Other liabilities ___________
Dealers r e se r v e __________
Common s t o c k ______ ____
Subordinated
debenture

168.41
16,623.29
572.01
6,119.14
30.000. 00

issue ____________ _______

30.000. 00
3,380.80

Undivided p r o fits ______ __

$198,363.65

$198,363.65

A R K A N SA S INVESTM ENT COMPANY
HOT SPRINGS, A R K A N SA S
June 30, 1947
Officers
E. E . S te ig le r------------ .------ ----------___ _ _ _ ------------------ President
G. E. H ogaboom ------ , — ---------------------------------Vice-President
J. Fillmore M eadow s__________ ______ _
Secretary-Treasurer
and General Manager

Assets
Cash on hand and in banks $ 2,451.75
Loans ________
43,400.80
Furniture and fix tu r e s __$
284.67
Other a s s e t s ___ _____
1,012.08




$ 47,149.30

Liabilities
Notes payable ____________ |
Miscellaneous a c c o u n t s
payable _ ______________
Unearned interest ________
Common s t o c k ___________
R eserves______ _____ ______
Undivided profits ________

6,600.00
239.11
683.66
35,000.00
2,390.07
2,236.46

$ 47,149.30

Thirty-Third Report

123

ATLA S FINANCE COMPANY
LITTLE ROCK, ARK AN SAS
June 30, 1947

Officers
Julia Snow Harris ___ _____ ____________________ President
B, P. R o g e r s __ _______ ______________________ Vice-President
S. M. Harris ______ _____________

Secretary-Tr easnrcr

and General Manager
Assets
Cash on hand and in banks $ 2,670.76
155,082.02
Loans _
—
_ 130.55
Furniture and fixtures
15.00
Other Assets

Liabilities
Investment
savings
$
Certificates
Notes payable
___
Miscellaneous a c c o u n t s
payable _
___
Unearned interest _
Common stock
Surplus
__
_
Reserves
Undivided profits

58,633.48
44,950.00
11,230.48
10,792.35
15,300.00
9,232.45
5,895.69
1,863.88

$157,898.33

$157,898.33

CENTRAL LOAN' AND INVESTMENT COMPANY
LITTLE ROCK, ARK AN SAS
June 30, 1947
Officers
F, W . Du.ttlin.ger
Merle M. Adkins
G, W . Massery _
A. C. Gannaway

__________ President
__ __ Vice-President
_____ Vice-President
Secretary-Treasurer

Assets

Liabilities

Undivided p r o fit s ________
3,380.90
Loans _______
131,547.33
Furniture andfixtures __
517.44
Other a s s e t s ___ _______
4,396.34

Investment bonds ______ $ 40,830.28
Notes payable
-----48,755.93
Other liabilities
_____
731.71
Common .'•lock
_____
43,450.00
Reserve------1,779.48
Undivided p ro fits----------5,149.67

$140,697.07

$140,697.07




State of Arkansas: Bank Department

124

GENERAL CONTRACT PURCHASE CORPORATION
LITTLE ROCK, ARKANSAS
June 30, 1947

Officers
A. A .
W . E,
W . G,
P. W.

B lu m eyer _____ ________ ____ ____ ___________ President
Burtelow __________________ _ Executive Vice-President
S ch u b erg _____ __________________________ Vice President
Herzog ----------------------------- Vice-President, Secretary

Assets
Cash on hand and in banks $ 44,980.52
Loans _ ___________ ______ 102,372.80
United States B o n d s ____
10,000.00
2,335.26
Furniture and fixtures __
Other a s s e t s _____ ,____ ___
1,126.66

Liabilities
Notes p a y a b le ------ -----------1 96,662,68
Miscellaneous a c c o u n t s
991.93
payable_______ _________ ,
3,789.73
Other liabilities__________
Common s t o c k _____ _______ 50,000.00
1,324.15
Surplus _________ _________
8,046.75
Reserves ________ — ___ —
$160,815.24

$160,815.24

H ELEN A INDUSTRIAL LOAN CORPORATION
H ELEN A , A R K A N SA S
June 30, 1947

Officers
W . W . Moore --------------------------------------------- --- ----- President
William T. G r e e r ------ Vice-President and General Manager
S. H. H u r s t------------------------------------------- - Secretary-Treasurer

Assets
Cash on hand and in banks $ 12,329.79
Loans ________________
64,615.43
Furniture and fixtures —
1.00
Other assets — _— ---------15.00




$ 76,961.22

Liabilities
Installment
savings
certificates _ __________ .$ 25,808.54
Notes p a y a b le -------- ----------- 29.970.00
Miscellaneous a c c o u n t s
167.36
payable - _____ — ______
Common stock ___________
18.800.00
Surplus _________ ____ ___—
2,215.32
$ 76,961.22

Thirty-Third Report

125

HOME FINANCE COMPANY, INC.
EL DORADO, ARK ANSAS
June 30, 1947
O fficers
G. M. McDavid ___________________________________ President
Julius M ille r ______ - _____________________ ________ Secretary
\ssei.«
< ash on baud end in banks S Is, 147.87
Loans
_ .. ________
57,0,50,7.32
Real estate— office bldg. _ 28,100.00
Furniture and f i x t m e s __
6,087.76
( >ther assets
__ ____ _
55.00

Liabilities
Notes payable
________ 8340,000.00
Miscellaneous a c c o u n t s
paytible _ ___________ .
8,063.24
Unearned interest _____
49,757.73
Other liabilities __ .
__
459.00
M ortgage' and Mens _ __
15,000,00
105,000.00
Comnrin s t o c k ____ .
Reserves . _______________ 27,984.99
Dealers reserve _________
10,813.50
Undivided p r o f i t s ________ 31,117.49

$588,195.95

$588,195.95

HOME FINANCE SYSTEM.
HELENA, ARK ANSAS
June 30, 1947
Officers
A. M. Coates ______________________________ .____President
Christine H. Coates _____________________ ._____ _
Secretary
John R. C o a t e s __ _______________________ General Manager
Assets

Liabilities

Cash on hand --------- -------- ?
331 01
Loans
_________________ 42,130.67
Furniture and fix t u r e s ---257.25
Other assets -------------- -—
84.25

Notes payable ______ ,____$ 4,00-0.00
Miscellaneous a c c o u n t s
payable _ _____ ________
46.66
Unearned in te r e s t _______
4,027.42
Other lia b ilitie s _________
777.57
Common stock __________ , 25,000.00
Surplus _ ________________
8,951.53

$ 42,803.18

$ 42,803.18




State of Arkansas: Bank Department

126

INDUSTRIAL THRIFT AND LOAN ASSOCIATION
CAMDEN, ARK ANSAS
June 30, 1947
O fficers
L. M. S t e r n _____ ._________________________________ President

Treasurer and General Manager
J. E, G aughan ---------------------------------------------- Vice-President

C.

D. Sanders __________________________________

Assets

Secretary

Cash on h a n d ___________ $
100.00
Loans _ __________ .______ 38,825.34
Furniture and fix t u r e s ___
271.59

Liabilities
Notes payable ____.______ $ 8,500.00
Other liabilities _________ .
1,336.06
Common stock ____
25,000.00
Reserves ... _______________
62.50
Undivided p r o fi t s ________
4,298.47

S 89,196.93

f 39,196.93

LEDGERWOOD LOAN AND INVESTM ENT COMPANY

HOT SPRINGS, A RK AN SAS
June 30, 1947
O fficers
Cecil H. L edgerw ood________ _________________ Sole Owner
Assets
Cash on hand and in banks f 5,165.79
Loans _ _________________ S 13,102.56
Miscellaneous a c c o u n t s
rcbl. ..._________________
1,408.95
United States Bonds and
other securities _______ 18,128.68

Liabilities
Common stock __________ f 20,000.00
Surplus — ----------------------- 17,805.98

$ 37,805.98

$ 37,805.98

LIBERTY LOAN AND REALTY COMPANY
LITTLE ROCK, ARK AN SAS
June 30, 1947
Officers
J. W . Straw n ------— ----------------------------------------------- President
J. W. Strawn, J r . ---------------------------------------------Vice-President
Mrs. J. W. S tr a w n ----------------------------------------------- Secretary
Assets
Cash on hand and in banks $ 15,721.16
Loans - ----------------- --------- 52,749.15
Furniture and fixtures —
1,831.20

Liabilities
Notes p a y a b le ___________ $ 37,900.00
Unearned in t e r e s t _______
5,335.67
Other liabilities _________
422.59
Common stock __________
10,000.00
Surplus _ — --------18,443.25

$ 70,101.51

? 70,101.51




127

Thirty-Third Report

PEERLESS THRIFT AMD LOAN COMPANY
MORRILTON, ARKANSAS
June 80, 1947

Officers
Carroll W. Johnston, Pauline Johnston _____________Owners

Assets

Liabilities

Cash on hand and in banks $
858,13
Loans - ________________
13,530,27

Notes p a y a b le ____________ $
Net worth ______________
Reserves _________________

$ 14.188.40

3,750.00

9,938.40
500,00

$ 14,188,40

PEOPLES LOAN AND INVESTMENT COMPANY
JONESBORO, ARKANSAS
June 30, 1947

O fficers
Joe N. Martin __
h M MoortJulian James

__ President and General Manager
---------------------------- Vice-President
— --------------------------- Secretary

..

Assets
Cash on hand and in b a n k s!
Loans _ ----- ------ ------------------ -

1,438.93
12,125.58

Liabilities
Notes p a y a b le ___ ____ ____ $

7,650.00

Miscellaneous a c c o u n t s
payable _ ______ ________
Common stock ___________
Undivided p r o fits _________

326.00
5.000.00
586.51

$ 13,562.51

$ 13,562.51

UNION INDUSTRIAL LOAN CORPORATION
NORTH LITTLE ROCK, ARKANSAS
June 30, 1947

Officers
Ben Winston — ----- ------------------------------- ,------------ ----- President
Thomas H. Little --------------------- --------------------------------- Secretary

Assets
Cash on hand and in banks S
Loans
--------------------------Miscellaneous a e c o u n 1

rc*bl. _ ______________




39.505.52

~

Real estate— office bldg. .
Furniture and fixtures ..
Other a s s e t s .......... ...........

5.712.45
1,164.68
9,101.14
1.00
31.00

$ 55,515.79

Liabilities
Investment certificates__ f 13,475.00
Notes p a ya b le______
10.500.00
Miscellaneous a c c o u n t s
p a y a b le---------------------. .
1,869.74
Mortgages and liens . _ ...
3.083.63
Preferred stock ______ _
19,693.66
S u r p lu s-------------------- ---3,925.93
Reserves _ ----------------------2,967.83

$ 55,515.79

State o f Arkansas: Bank Department

128

UNION INVESTMENT COMPANY, INC.
EL DORADO, ARKANSAS
June 30, 1947

Officers
President
Cyde E. Byrd _______________________________
Grady R. W o o lle y ____________________________ Vice-President
L. F, B r e w e r _________

Secretary

Assets

Liabilities

Cash on hand and inbanks S 13.107.24
Loans .. _________________ 64,536.47
Miscellaneous a c c o u n t s
rcbl. ___________________
30,114.29
Furniture and fixtures . _
3,213.55
Other a se's ------------------7,826.99

Notes payable ____________ $ 38,000.00
Miscellaneous a c c o u n t s
payable _________________
22,233.56
Other lia b ilitie s __________
4.979.89
Common stock ___________
50,100.00
Undivided profits ______
3,545.09

UNITED LOAN AN D IN VESTM ENT COMPANY
LITTLE ROCK, A R K A N SA S
June 30, 1947

Officers
R. G. M cDaniel_____ ________President and General Manager
H. A . E m erson---------------------- .------------------------- Vice-President
Ruth T. C o ttr e ll------------------- --------------------------------- Secretary

Assets

Liabilities

Cash on hand and in hanks S 6.602.86
Loans _ __________________ 118,604.01
Other securities______
1.472.87
1.816.49
Furnitures and fixture3,642.94
Other assets __________

Notes payable ___________ S 54,875.00
Miscellaneous a c c o u n t s
payable
_________________
2,754.52
2,009.00
Other lia b ilitie s____ ________
Common stock ___________
65.000.00
Surp’ us
_________________
3,375.05
Undivided p r o f i t s ___________
4,125.60

$132 139.17

$132,139.17

U N IVERSAL C.I.T. CREDIT COM PANY
NEW YORK, N E W YORK
June 30 , 1947

Officers
L . W . Lundcll ---------------------------- -------------- ------------ ---------- P resident
G. P . B u c k l e y ------------- ----------------------------_ -------------- V ice -P re sid e n t
J. G. Myerson ---------------------- —__________________ S e cre ta ry
M . Cook —
— _ — ------------- — -------- ------ Assistant S e cre ta ry
H . R. S ted in g ------------------------------ -------------- ---------- --— ___ T rea su re r
B ran ch rep o rts fo r co m p a n y ’s operation in A r k a n sa s




129

Thirty-Third Report

BATESVILLE, ARKANSAS
James Burns — Local Manager

Assets

Liabilities

Cash on hand and in banks $ 4,938.73
Loans _ __ ________ ______
17,005.03

Miscellaneous a c c o u n t s
784.77
payable _ _________ ___$
Branch C a p ita l__________
20,903.92
Reserves __ ____________
255.07

$ 21,943.76

| 21,943.76

BLYTHEVILLE, ARKANSAS
James Roleson— Local Manager

Assets

Liabilities

Cash on hand and
in banks _____________ $ 4,134.29
Loans
________________ 21.238.80

Miscellaneous accounts
payable _ ------------Branch c a p it a l________
Reserves _ _________ _

.75
25,053.76
318.58
$ 25,373.09

$ 25,373.09

EL DORADO, ARKANSAS
Tomas Chinn— Local Manager

Assets

Liabilities

Cash on hand and
in banks ___ ______
Loans _ . -----

4,217.84

Branch c a p it a l______ ____ $ 20,256.41
Reserves _ _____ ________
244.24

16,282.81

$ 20,500.65

$ 20,500.65

FORT SMITH, ARK AN SAS
“ Pat” Patterson— Local Manager

Assets

Liabilities

Cash on hand and
in b a n k s ________ .____$
Loans _ _ __________ __ ____

3,783.03

Branch c a p it a l_________ 25,620.89
Reserves _ ______________
332.56

22,170.42
$ 25,953.45

$ 25,953.45

HOT SPRINGS, ARKANSAS
Ben Russell— Local Manager

Assets
Cash on hand and
in banks — -------- -—
Loans _________ — _________




Liabilities
8,995.60
22,130.98

$ 31,126.58

Branch c a p ita l__________ _$ 30,794.62
Reserves _ _____ _____ ____
331.96

f 31,126.58

m

State of Arkansas; Bank Department

JONESBORO, ARK AN SAS
Don Krick— Local Manager

Assets
Cash on hand and
in banks _______________.
Loans ______ ___ _____ ____

4,955.74
9,123.71

Liabilities
Miscellaneous accounts
payable _ __________
Branch capital _______

205.99
13,736.80
136.88

Reserves _ ___________

$ 14,079.45

$ 14,079.45

LITTLE ROCK, ARK AN SAS
T.

B. W ard— Local Manager

Assets
Cash on hand and
in b a n k s _____ _________$ 4,333.84
99,890.76
Loans _____ _____ .________

Liabilities
Miscellaneous accounts
payable _ _____________ $
85.80
Branch c a p it a l___________ 102,443.64
Reserves _ _________ _____

$104,024.60

1,495.36
$104,024.60

PINE BLUFF, ARK ANSAS
Albert Price— Local Manager

Assets

Liabilities

Cash on hand and
in banks ______________ S 3,660.72
Loans _____________________
62,132.09
Miscellaneous accounts
receiveable _ ___________
29.20

Miscellaneous accounts
291.03
payable _ ______________$
Branch c a p ita l___________
64,593.00
Reserves _ ______________ _
931.98

8 65,816.01

$ 65,816.01

U TLEY AND COMPANY, INC.

FAYETTEVILLE, A R K A N SA S
June 30, 1947
H. L. U t l e y ____ ____________ ____ _____________President and
General Manager
Reba K. U t l e y _________________________________ Vice-President
J. J. Pyeatt ------------------------- -------------- Secretary-Treasurer

Ass6ts

Liabilities

Cash on hand _____________ $
50.00
Loans _______
40,475.01
Real estate o w n e d ---------41,946.60
Furniture and fixtures —
3,485.44
Other assets — -----------------1,848.52

Notes p a y a b le ___________ $ 20,000.00
Miscellaneous accounts
payable _ ------------4,781.80
Other liabilities __________
2,069.25
Notes payable— mort­
gages and lie n s ________ 20,000.00
Common s t o c k ___________
25,000.00
Surplus _ ________________
8,783.12
Reserves _ _________
7,171.40

$ 87,805.57

$ 87,805.57




Thirty-Third Report

VAN BUREN LOAN BUREAU, INC.

VAN BUREN, ARKANSAS
June 30, 1947
Officers
_
.
President
Mary C. Sims ____ _ _
Vice-President
W . A . Needham
R. C. Helvie ---------- ____________ _________ Secretary-Treasurer
(Inactive)

JUNE 30, 1947

ATLAS FINANCE COMPANY, INC.
A RKADELPH IA, ARKANSAS
June 30, 1947
Officers
J. B. Hardman _
President
C. R. H u i e _____ ______ ____________ _______ Secretary-Treasurer
(Began operations within the last six months)

SECURITY FINANCE COMPANY
NASH VILLE, A R K A N SA S
June 30, 1947
Officers
Ralph C. Wilson _
Forrest Wilson _ Ramon F. Wilson -

_

_

President
___Vice-President
Secretary-Treasurer

(Began operations within the last six months)




1.JL Q1
tL-J JL

132

State of Arkansas: Bank Department

COMBINED STATEM ENT OF ASSETS AND LIABILITIES OF
SIXTEEN CREDIT UNIONS OF ARK AN SAS AS OF
DECEMBER 31, 1946.
Assets
_________ _________ - ______________ ___________________________ $119,117.38
65,297.13
Bonds & Securities _____ ,_____ ,____________________________________ __ 75,200.80
Furniture & fixtures ______ __________________________________________
285.03
Other assets ____ — _____________________ ______________________________
6,193.57

Loans

_

Cash on hand & in banks_____________ ___________ ______ ____ ___________

TO TAL

A SSE TS

______________________________________________$266,093.91

Liabilities
___________ _______________ ______ _— — — — — ------ — --------$242,135.82
Shares _
Deposits _ ___________ _____ _____________ _—
2,868.48
Guaranty fund ___________ _______ ________ ____ ________ _______ _
12,705.17
Undivided earnings _____ ____ _________ __ ________ __ __ ____ _____ ____ .
5,324.58
450.00
Bills payable _ _______ ____ _____ _______ ________________ ____
Other liabilities -------------------------------------------------------- ------- -----------------2,609.86
TO T AL

L IA B IL IT IE S




_____ _________ ____ ____ ________ _________ $266,093.91

Approximate number of members 2,126

133

Thirty-Third Report

LION OIL SAVINGS AND CREDIT ASSOCIATION
EL DORADO, ARK ANSAS
DECEMBER 31. 1946,
Assets
Bond? and .securities_____ .$20,180.00
Loans _ _____
16,743.02
F urniture & f i x t u r e s _____
158,52
Suspense account ________
783.16
Due from banks __
15,671.89
Other assets __________
4.984.31

Liabilities

Shares _
Guaranty
Undivided
Suspense

_________________$53,977.16
fund . . __
__ 2,104.17
earnings
____
1,408.79
account ______
1,030.78

$58,520.90

?58S520J0

Approximate number of members 331

A RK AN SAS WESTERN EM PLOYEE’S CREDIT UNION
FAYETTEVILLE, ARK ANSAS
DECEMBER 31, 1946.
Assets
Liabilities
Bond? k securities............. $ 3.745.80
Shares _ ______________ . . . . $14,500.00
Loans _ __________ ______ _ 8,016.20
Deposits _ ___________ 89.37
_____
.1,415.22
Guaranty fund _______ ___
139.87
Cask on hand . ...
Undivided earnings ______
251.62
Other liabilities _________
196.36
$15,177.22

$15,177.22

Approximate number o f members 41

AGRICULTURAL EXTENSION WORKERS CREDIT UNIONLITTLE ROCK, ARK ANSAS
DECEMBER 31, 1946.
Assets
t>.ans . ___________ _______ 3 680.58
Cash on hand & in banks. 1,424.24
Cash i t e m s ..............._ .........
55.34




Liabilities
$2,145.00
Shares . ________
Deposits _ ____
8.80
Guaranty fund _____
43.00
Other lia b ilitie s __ ___ (red)
.36.64

$2,160.16

Approximate number o f members 43

$2,160.16

134

State of Arkansas: Bank Department

ARK AN SA S DEMOCRAT CREDIT UNION
LITTLE ROCK, A RK AN SAS
DECEMBER 31, 1916.
Assets
Bonds & se cu ritie s ______ __$ 962.00
Loans ______________ ________ 6,272.00
Due from hanks _____ .._____ 2.138.70

liabilities
Shares _ _____________ _____$8,450.16
Guaranty fund ______ _____
677.12
Undivided e a r n in g s ____ _
240.17
Other liabilities _______ ___
5.2 5

19,372.70

$9,372.70

Approximate number of members 72

A R K LAG A S CREDIT UNION
LITTLE ROCK, A R K A N SA S
DECEMBER 31, 1946.
A ssets
Bonds & securities
—
_ $ 1 ,5 0 0 .0 0
Loans _
— — ---------- 1 ,2 2 5 .5 6
Cash on hand_____ ____________ 1 ,2 2 9 .6 0

Liabilities
Shares
__________ —
____ ___$ 3 ,7 5 3 .5 1
Guaranty fund ___________
8 5 .2 4
Undivided earnings ________
1 1 6 .4 1

$3,955.16

$3,955.16

Approximate number of members 65

DEPARTM ENT OF LABOR CREDIT UNION
LITTLE ROCK, A R K A N SA S
DECEMBER 31, 1946.

Assets
Loans _ — — ------- -— ._____ $3,474.74
389.97
Due from banks---------

Liabilities
_______— $2,741.72
Shares _
_
Guaranty f u n d ___ _____ _ _
258.05
Undivided earnings ________
414.94
Bills Payable
------ _________
450.00

$3,864.71

$3,864.71
Approximate number of members 78

FEDERATION CREDIT UNION
LITTLE ROCK, A R K A N SA S
DECEMBER 31, 1946.
Assets
Bonds & securities_________ $
740.00
Loans _ ____ ______________ 11,652.30
Due from banks ----------------2,407.81
Cash on hand--------- ---------887.62

Liabilities
Shares ___________
$13,055.43
Deposits _ — ______ ..________
783.75
Guaranty f u n d _____ ____
812.81
Undivided earnings ______
167.63
Other liabilities______ ____
868.11

$15,687.73

$15,687.73




Approximate number of members 130

135

Thirty-Third Report

FR A N K E ’S CREDIT UNION

LITTLE ROCK, A RK AN SAS
DECEMBER 31, 1946.

Assets
Loans
________
Cash on hand
Cash items
Other a s s e t s ____

— $1,081.46
____ ___
572.82
10.00
_

_ _

Liabilities
Shares _
— $1,664.28
Guaranty fund
____ ____ —
269.33

269.33

$1,933.61

$1,933.61

Approximate number of members 79

GAZETTE EMPLOYEES CREDIT UNION
LITTLE ROCK, ARK ANSAS
DECEMBER 31, 1946.
Assets
Bonds & securities________ $ 9,200.00
Loans _ __________ _______
2,275,11
Due from banks__________
4,620.54

Liabilities
Shares _ _____________
Guaranty fund _______
Undivided earnings

$10,095.65

$ 9,549.05
362.32
184.28
$10,095.65

Approximate number of members 52

KEM RA LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARK ANSAS
DECEMBER 31, 1946.

Assets

Liabilities

Bonds & securities _______ $29,600.00
Loans _ _______ __ ________ 5,123.94
Due from banks__________ _ 19,044.68

Shares _ _____________
Guaranty f u n d _____ __
Undivided earnings __
Other lia b ilitie s ----------

$52,174.41
.

1,241.74
127.47
225.00

$53,768.62

$53,768.62
Approximate number of members 153

LITTLE ROCK W A T E R WORKS CREDIT UNION
LITTLE ROCK, A R K A N SA S
DECEMBER 31, 1946.

Assets
Loans
Cash on hand-




____ ___

$ 337.50
2,138.86

Liabilities
Shares
$ 359.00
Deposits
______ ___
1,755.11
Guaranty fund ____________
71.15
58.97
Undivided earnings _ _____
Other liabilities________ _
232.13

$2,476.36
Approximate number of members 33

$2,476.36

136

State of Arkansas; Bank Department

LITTLE ROCK POSTAL CREDIT UNION
LITTLE ROCK, A R K A N SA S
DECEMBER 31, 1946
Assets
Bonds & securities________ $ 4,823,00
Loans _ ______ ______ ______ 19,598,35
Due from banks___________
528.30
175.40
Cash on hand____ _________

Liabilities
Shares _______ ______ _
Guaranty f u n d ---- ----Undivided earnings __

$24,625.05

$20,052,03
3,439.58
1,133.44
$24,625.05

Approximate number o f members 208

VETERANS ADM INISTRATION EMPLOYEES CREDIT UNION
LITTLE ROCK, A RK AN SAS
DECEMBER 31, 1946
Assets
Bonds & securities.
—$ 3,500.00
Loans _ _— .— __— ------ - 17,967.67
Furniture & fixtures_____ _
34.39
Due from banks------ -----------

4,380.16

Liabilities
Shares _ — ___
$23,280.29
Deposits _ ____
231.45
Guaranty f u n d ___ ____
1,606.91
Undivided earnings ,______
756.69
Other liabilities____ _______
6.88
$25,882.22

$25,882.22
Approximate number of members 276

FEDERATED SHOP CRAFTS CREDIT UNION
NORTH LITTLE ROCK, A R K A N SA S

DECEMBER 31, 1946
Assets
Bonds & securities_______ _$ 1,100.00
Loans _ — — ------ —
— _
Furniture & fixtures___ ___
Cash on hand------ ----- -




9,294.12
1.00
1,152.94

Liabilities
Shares _ _____ ________
Guaranty f u n d ___ ,___
Undivided e a r n in g s __

$11,548.06
Approximate number of members 225

$10,970.11
477.98
99.97

$11,548.06

Thirty-Third Report

137

THE PORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
DECEMBER 31, 1946
Assets
Bond & securities________ $ 5,550.00
Loans _
_________________ 9,845.33
Due fr o m banks________ _
4,316.01
Cash on hand _____________
605.44

Liabilities
Shares _ -------------------Guaranty fund _______
Undivided earnings

$19,795.47
159.64
361.67
$20,316.78

120,316.78
Approximate number o f members 188

NORTH LITTLE ROCK MISSOURI-PACIFIC CREDIT UNION
NORTH LITTLE ROCK, ARK AN SAS
DECEMBER 31, 1946
Assets
Bonds & se cu ritie s______ 800.00
Loans _ ____________
5,529.50
Furniture & fixtures ______
91.12
Due front b a n k s ____ ______
131.59
Other assets ________ — ____
156.77

Liabilities
Shares ____ ._______ _______ — $ 5,668.20
Guaranty fund ________
956.26
Undivided e a r n in g s ______
2.53
Other lia b ilitie s______ _
81.99

$6,708.98

$6,708.98




Approximate number o f members 152

133

State of Arkansas; Bank Department

QU ALIFIED STOCK EXCHANGES
Securities listed on the follow ing Stock Exchanges may be exempt and
such securities so listed may be sold within the State o f Arkansas by an ap­
plicant company filin g the name o f the company, its address, the amount of
securities sought to be sold in Arkansas, and paying the fee required by law




Chicago Board o f Trade
Chicago Stock Exchange
New York Curb Exchange
New York Produce Exchange
New York Stock Exchange

139

Thirty-Third Report

A l T H U R I Z E M T O S E L L QUALIFIED OH E X E M P T
SECURITIES IN ARKANSAS AS OF JUNE 30, 1947

Mi . U . E K S

W a ite i
L ew is

R,
W.

Equipm ent

B ass

________________________________L ittle

C om p an y .

C h erry

C om p an y

F in an ce

____________ ________ _______ L ittle

Syn dicate

M errill L yn ch . Pierce, Fen n er & B e a n e . _
C harles L M o iu z z i. „ _

_______ ____________________L ittle

J . R a n ey & S o n s. _. . . . . .

Salom on Bi oth ers & H u tz ler

Southern
Sou th w est

__________ _____ _ _ ________ L ittle

T ex a s
Rock.
Rock.

A r k a n sa s
A rk a n sa s

_________________ L ittle

Rock.

A r k a n sa s

C o r p o r a t io n .___________ ____ _________ L ittle

Rock,

A r k a n sa s

In v estm e n ts,

Die

AY. R. Step h en s, In v estm en ts
D abbs Su llivan

Rock. A r k a n sa s

____________ _______ _____ ____N ew Y o r k , N ew Y o r k

B ros. & C o m p a n y ____
Secu rities

Rock. A r k a n sa s

_____ ____ _____N e w Y o r k . N ew Y o rk

__________ ____________ ________D a lla s.

R. B. N u n n ery & Com pany

S a tte rfie ld

A rk a n sa s

____________ ________________ ____ ____ M in n eap olis. M in n esota

Roy M . K em p , In v estm e n ts. _ ____________ ____ _______ ______ L ittle

T.

Rock,

C o r p o r a tio n . _________________________C hicago, Illinois

H ill, C ra w fo rd & L a n fo rd , Inc. ________________ ____________L ittle
In vestors

Rock. A r k a n sa s

C om pany.

.

. .

____

______________ ____________L ittle

Rock.

A r k a n sa s

__________________ _________ _L ittle

Rock.

A r k a n sa s

_ ______________________ ____ _ L ittle

Rock,

A r k a n sa s

Rock.

A r k a n sa s

E . L . V illa r e a l & C o m p a n y ___ __________________ _____________ L ittle
J. R . V in so n & C om p an y, In v e stm e n ts-*-________ .______ L ittle

R o ck , A r k a n sa s

W a lto n & C om p an y, In c. _______ ________________ __________ L ittle

Rock.

A r k a n sa s

M a llo r y

R ock,

A r k a n sa s

W illia m s &




C o m p a n y _____________________________L ittle

140

State of Arkansas: Bank Department

ISSUING COMPANIES AUTHORIZED TO SELL SECURITIES IN THE
STATE OF A RK AN SAS AS OF JUNE 30, 1947
(Certificates o f Authority expire one year from date o f permit)
Date
2-20-47
7-1-46
7-1-48
12-31-46
4-3-47

5-20-47
7-9-48
8-9-48
5-20-47
10-3-48
12-27-46
8-17-47
11-15-46
7-13-46
3-17-47
11-2-46

3-17-47

Name and Address
Aeronautical Securities, Inc,
One Wall Street
New York, New York
A ffiliated Fund, Inc,
83 Wall Street
New York, New York
American Business Shares, Inc,
88 Wall Street
New York, New York
Axe-Houghton Fund, Inc,
One Exchange Place
Jersey City, New Jersey
Axe-Houghton Fund “ B,” Ine,
One Exchange Place
Jersey City, New Jersey
The Bond Investment Trust o f Am.
88 Federal Street
Boston, Massachusetts
The Boston Fund, Ine,
i l l Devonshire Street
Boston, Massachusetts
C, D. & M. Manufacturing Corp,
Rt. 2, Box 200
Fort Smith, Arkansas
Century Shares Trust
30 Federal Street
Boston, Massachusetts
Chemical Fund, Inc.
39 Broadway
New York, New York

Amount Authorized
$100,000 of its common stock
Unsold portion of common
stock; p /v $1.25 per share
Unsold portion of stock here­
tofore authorized
An unfixed amount
common stock

of

its

$100,000 of its common stock
$25,000 of beneficial interests;
p /v $1 at the offering price
An unfixed amount
common stock

of

its

$30,000 of its common stock;
p /v $1 per share
$100,000 shares of its trust
shares; p /v $1
$50,000 of its comipon stock;
p /v $1

China Motor Corporation
250 shares of its Class “ A ”
120 Wall Street
stock; p /v $100 at $101 per
New York, New York
share
’‘ Consolidated Natural Gas Co.
300 shares of its capital
80 Roekerfeller Plaza
stock; p /v $15 per share
New York, New York
Crown Western Investment, Inc.
$76,411.45 of its common stock
1003 Kirby Building
( investment sh ares); p /v $1
Dallas 1, Texas
per share
*Dana Corporation
500 shares C. P. stock Z % % ,
70 Pine Street
series “ A ” ; p /v $100
New York, New York
Dividend Shares, Inc.
$100,000 common stock; no p /v
One Wall Street
New York; New York
Eaton & Howard Balanced Fund, ' $135,000 of shares (beneficial
interests)
Inc.
24 Federal Street
Boston, Massachusetts
Eaton & Howard Stock Fund
50,000 of its beneficial inter­
est shares
24 Federal Street

Boston, Massachusetts



Thirty-Third Report

Date
51-

Name and Address
14-47
El Capitan Oil Company o f Ark.
110 E. Main
Prescott, Arkansas
22-47
* Electric Bond & Share Company
Two Rector Street
New York, New York

6-

11-47
Equipment Finance Corporation
1101 Belmont
Chicago, Illinois
5-1-47 Fundamental Investors, Inc.
€3 Wall Street
New York, New York
12-27-46 ** General Waterworks Corporation
Pine B luff, Arkansas
2-

Group Securities, Inc.
12-47
One Exchange Place
Jersey City, New Jersey

141

Amount Authorized
520.000 of it? com m on stock
<2,000 shares); p v $10 per
-'hare
6.000 shares common stock of
Pennsylvania Power & Light
(offerin g
price
$105
per
share)
The unsold portion o f 2,500
shares o f its common stock;
p /v $10
$25,000 sales price common
capital stock; p /v $2 per
share
$100,000 <>t" tin preiViTod stock
of General Waterworks Cor­
poration. Pine- Bluff. Arkan­
sas
Certain classes of its capital
stock as follow’s:
25.000

Home Appliance Distributors of
16-46
Arkansas, Inc.
114 East Bridge
Little Rock, Arkansas
2-20-47 Incorporated Investors
One Court Street
Boston, Massachusetts
2- 12-47 Investors Mutual
200 Roanoke Building
Minneapolis, Minnesota
Investors Selective Fund, Inc.
7-3-46
200 Roanoke Building
Minneapolis, Minnesota
6-25-17 Invesiois Stock Fund
200 Roanoke Building
Minneapolis, Minnesota
Investors Syndicate of America,
1118-46

10-

Inc.

3-

1-15-47

200 Roanoke Building
Minneapolis, Minnesota
Keystone- Custodian Fund
4-47
50 Congress Street
Boston, Massachusetts
Knickerbocker Fund
2-0 Exchange Place
New York, New York




R a i l r o a d Stock
Shares
75.000 Industrial Classes
25.000 Fully Administered
Shares
25.00(1 G e n e r a l
Bond
Shares
25.000 Institutional
Bond
Shares
25.000 Low Priced Shares
$50,000 o f its D. P. S. l SC ) ;
p v $100 per share
An unfixed amount o f
common stock; p /v $5

its

An unfixed amount of its no
par capital stock
The unsold portion o f $200,000
(sales value) of its capital
stock
An unsold portion o f $250,000
(sales value) o f its capital
stock
$1,000,000 o f its securities a°
follow s: Series 6, 7, 8, 9, 10,
11, 12, 33, 14, 15. 20, single
payment
An unfixed amount o f the fo l­
lowing funds:
Series B l, B2, B3, B4
K l, K2
SI, S2, S3, S4
An unfixed amount o f the said
Knickerbocker Fund (a listed
security)

142

State of Arkansas: Bank Department

Date
6-25-47

Name and Address
Manhattan Bond Fund, Inc.
48 Wall Street
New York, New York
S- 7-46 ""Maryland Casualty Company
Baltimore. Maryland

6-25-47

Massachusetts Investors Second
Fund, Inc.
19 Congress Street
Boston, Massachusetts
6-25-47 Massachusetts Investors Trust
19 Congress Street
Boston, Massachusetts
8-20-46 McElroy Manufacturing Company,
Inc.
Stuttgart, Arkansas
4- 2-47 ’"'""Michigan Gas and Electric Companv

Amount Authorized
The unsold portion of $25,000
of shares of common stock;
p ,v $ .10 per share
480 shares of $2.10 Cumulative
Prior Preferred Stock; $10
P/ Y.
Unfixed amount of common

stock
An unfixed amount of its cer­
tificates of benificial inter­
ests; p / v Si
500 shares of its common
stock; p 'v $100 per share

Qualified by notification; 25,000 of it? shares of common

101 W. 2nd Street
Ashland, Wisconsin

stock
776 shares of its common
stock ; no p /v
$5,000 of its common stock

2-00-47

N & W Overall Company
Lynchburg, Virginia
National Tank Company
3100 Sand Spring Road
Tulsa, Oklahoma
Nation-wide Securities Co., Inc.
One Wall Street
New York, New York
*New England Gas and Electric

9-17-46

Assn.
Boston, Massachusetts
New York Stocks, Inc.

8-28-46
*2-10-47
1-20-47

0- 4-47
6- 2-47
3-10-47

8-15-46

3-15-47
1-15-47

48 Wali Street
New York, New York
*Oklahoma Gas and Electric
Co., Oklahoma City, Okla.
**Owosso Manufacturing Com*** pany
****Benton, Arkansas
The George Putman Fund of
Boston
50 State Street
Boston, Massachusetts
-’Seismograph Service Corpor­
ation
70 Pine Street
New York, New York
Selected American Shares, Inc.
135 S. LaSalle Street
Chicago, Illinois
Strategic Minerals Production

Co.
Mountain Home, Arkansas




An unfixed amount of its cap­
ital stock
2,500 shares of 4 Ls Vc C. C.
P. sharer of Beneficial Inter­
est p /v SI00.00
An indeterminate amount of
its special stock
$100,000.00 (sales price) of its
common stock
$200,000 of 5% bonds
$25,000 of its beneficial certif­

icates; p /v $1
5,000 shares of common stock;
p /v $1 per share
$25,000 sales price of its com­
mon stock
$50,000 of its common stock

Thirty-Third Report

Date
9 -1 3 -4 6

Name and Address
Union Trusteed Funds, Inc.
One Exchange Place
Jersey City, New Jersey

143

Amount Authorized
An indeterminant amount of
its capital stock consisting of
the follow ing:
Union Bond Fund “ A ”
“B”
“ C”

9- 2-46

Wellington Fund, Inc.
Real Estate Trust Building
Philadelphia 7, Pennsylvania *

Union P. S. Fund
C. S. Fund
Fund Special
$150,000 o f its common stock;
p /v $1

* Merrill Lynch, Pierce, Fenner & Beane— Agents
400 Louisiana Street
Little Rock, Arkansas
**Southern Securities, Inc.— Agents
Boyle Building
Little Rock, Arkansas
***Hill, Crawford & Lanford, Inc.,— Agents
Boyle Building
Little Rock, Arkansas
L. Villareal & Company— Agents
117 W est Second Street
Little Rock, Arkansas




State of Arkansas: Bank Department

144

COMBINED OPERATING STATEM ENT OF ONE HUNDRED
SIXTY BU RIAL ASSOCIATIONS FOR THE TW ELVE-M ONTH
PERIOD ENDING JUNE 30, 1947
Balance June 30, 1946----------------------------- ------ ---------------- ------------------ $1,704,423.00
Receipts from July 1, 1946 to June 30, 1947_ ____________________ 2,593,556,0*3
84,297.979.00

Less;
Benefits paid June 1, 1946
to June 30, 1947_____________ ____________ $2,175,500.00
Operating e x p e n se s-------------------------------------- - 376,064.00
$2,551,564.00

Balance fo r payment o f benefits June 30, 1946_______________
Approximate Number o f Members, 1,698,780
Number o f Benefits Rendered, 12.430




.$1,746,415.00

Thirty-Third Report

145

BURIAL ASSOCIATIONS AUTHORIZED TO SELL MEMBERSHIP
CERTIFICATES IN THE STATE OF A R K A N SA S
AS OF JUNE 30, 1947
Name of Association
Address
Sec’y-Treas.
Adams Burial Association------------------- Cotter___________ Mrs. Joe M. Adams
Andrews Burial Association- -------- — El Dorado— _____I. Andrews
Angelo Burial Association— ----------— Cotton Plant____ Mrs. Chas Angelo
Arkansas Burial Society, Inc.-------- — Ft. Smith________ .Mrs. Helen R. Stackable
Arkansas State Burial Association— _ Rison________ ___ Mrs. Ruth M. Buie
Ashby Burial Association. _ _ _ _ --------- Benton___________ Guinevere Hawkins
Ashley County Burial Association.— .Hamburg____ ____Murphy Jones
Bailey Buriat Association. --------- — C a b o t..— ------— G. Harold Todd
T. E. Barton Burial Association— — El Dorado______ Mrs. O. L. Cloud
Baxter County Burial Association------ Mountain Home.-Denver Roller
Beasley-Wood Burial Society------ -------Mena_____________ Berta Beasley
Benevolent Burial Association. ----------Hamburg___ _____ Flora M. Thompson
Bevans Burial Association— . — ,— Caraway_________ J. N. Bevans
Blanchard Burial Association.--------— Camden__________R. J. Blanchard
Boone County Burial Association— - Harrison_____ — L. C. Holt
Branscumb Burial Association--------- Brinkley______ — -Ruth S. Branscumb
Brickeil Burial Association-------------- — Marvell_________ Pauline Brickell
Briggs Burial Association------------- — Judsonia------------- F . G. Briggs
Brown-Midkiff Burial Society--------— Clarendon— — — A lf Brown
Burns Burial Association------------------Bentonville-----------Jessie Parker Burns
Campbell Burial A sso c ia tio n ...-------- Hot Springs__ _— M. G. Campbell
Carroll County Burial Association— Berryville_______ Pauline L. Nelson
Leland Carter Burial Association------ Mammoth SpringLeland Carter
Caruth Burial Association-----------------Hot Springs_____ -Jack Caruth
Caskey Burial Association.----------------Des Arc__________ Lemuel C. Felts
Catron-Gay Burial Association--------- Eudora ______— Gail K. Gay
Cave City Burial Association------------- Cave City------------ Silas McGee
Cecil Burial Association— -------------- Batesville________ Dr. Walter W . Cecil
E. E. Chandler Burial Association------Searcy____________W . K. Hannah
Charleston Benevolent Burial Ass’n— Charleston_______Maymie Rainwater
Charleston Hardware Burial A ss’n— Charleston_______Herman Adams
Chicot County Burial Association------ Eudora___________ I. J. Pride & H. T. James
Christeson Burial Association_ ----------Harrison-------------- A. C. Christeson
Christian Burial Association-------------Eudora________ __-G. W atts
Church Burial Association_ ------------- Dermott--------------- -Conneliaus Davis
Citizens Burial Association----------------- Warren---------------- James R. Johnson
Citizens Burial Association. -------------West Memphis— Lucy Ruth Johnson
Cobb Funeral Home Burial Society__ Elytheville______ -W. R. Stovall
Collison Burial A sso c ia tio n .------ _— Bald Knob_______ W . E. Forbes
Columbia County Burial Association - Magnolia________ Fred Lewis
Cross County Burial Society------------- Wynne___________ W . C. Kernodle
Daniel Burial Association..--------------- Searcy___________ Elirs Daniel
Desha & Chicot County Burial Ass’n.McGehee________ Harold B. Dyer
Dixie Funeral Association----------------- McGehee_________ Mrs. L. L. Jones
T. T. Doolin Burial Association--------Conway____ _____T. T. Doolin
Downey Burial Society----------------------- Dermott-------------- E. Q. Downey
Drew County Burial Association-------Montieello— -------Hattie E. Henderson
Drummond Burial Association---------- Little Rock______ B. T. H off
Dupwe-French Burial Society----------- Jonesboro------------- D. Raymond Dupwe
Durham Burial Association-----------------Wynne___________ H. Carroll Durham
East Funeral Burial Assurance Co.— Texarkana_______C. H. Malone
Eastern Arkansas Burial Association.Forrest City_____ E. J. Butler
Edwards Burial A ssociation..----------Fort Smith_______Delman D. Edwards
A. J. Emerson Burial Association------ Paragould________A . J. Emerson
Fitzhugh Burial Association ----------- Wynne----------------- A. 0 . Fitzhugh




146

State of Arkansas: Bank Department

Name o f Association
Address
Sec’y-Treas.
Flowers Burial Association__________ Marianna________ F. C, Flowers
Fordyce Burial Association ------.-------- .Fordyce---------------- Carlton Mays
Franklin County Burial A ssociation._Ozark----------------- Nathan Smith
Frazer’s Burial Association________ Warren---------------- J. B. Frazer
Friendship Burial Association---------- Ashdown------------- 1. M. Phillips
Goatcher Burial Association--------------Lake Village--------N. B. Goatcher
Grand Prairie Burial Association___ lieW itt ----------- ------- Don W . Essex
Great Protective Burial Association. _ Pine Bluff----------- P. K. Miller
Grt, Southern Protective Burial Ass'n.Arkadelphia-------- Clinton Harris
G regg Burial Association--------------- Jonesboro--------------- Mrs. James T. Gregg
G riffin Burial Association--------------- Harrisburg---------- Marvin M. Griffin
Griffin-Leggett Burial Society--------- Little Rock---------- Paul Y. Griffin
Hammons Burial Association------------- Warren----------------- G. W . Hammons
Haralson Burial Association------------- Augusta----------------Herbert R. Holmes
Harris Burial Association-------------------Hot Springs--------- Leon Harris, Jr.
Healey & Roth Burial Association, Ine.Little Rock— .— „S. R. Sims
Verlyn L. Heath Burial Association. . Paragould----------- Verlyn L. Heath
Herndon-Cornelius Burial AssociationHope-------------------- T. S. Cornelius
Hicks Burial Association-------------------- Hope--------------------- C. W . Hicks
Holt Burial Association______________ Blytheville------------E. M. Holt
Horne Burial Association----------------- Blytheville------------- Cecil V. Horne
Hot Spring County Burial A ss’n--------Malvern------------------Mrs. F. D. Cooper
Howard Burial Association-----------------Leachville------------- H. H. Howard
Howard County Burial Association— Nashville________ M. A. Floyd
Hubble Burial Society------------------------ Little Rock-----------S. E. Hubble
W . H. Irby Burial Association----------- Rector— _----------- W . H. Irby
Johnson Burial Association-----------------Walnut Ridge------ W . C. Bryan
Jones Burial Association_____________ Texarkana------------ -Lena P. Jones
Jonesboro Burial Association -------------- Jonesboro------------ W . T. Emerson
Keeshan-Lambert Burial AssociationHelena----------------- L. S. Keeshan
Kernodle Burial Association--------------- Wynne----------------- W. C. Kernodle
Kilpatrick Christian Burial Ass'n.------ Farmers'vilie, La. E. N. Kilpatrick
Frank Leach Burial Association-------Newport-------------- Frank Leach
Lemley Burial Association-----------------Atkins-------------------O. R. Lemley
Lepanto Burial Association--------------- Lepanto---------------- J. E. Murphy
Liberty Burial Association-----------------Newport --------------- J. E. Tolerson, Sr.
Luginbuel Burial Association---------- Lincoln-------------------Edna Luginbuel
Malvern Burial Association --------------- Malvern--------------- T. Y . B. Graham
Marion County Burial Association— Yellville---------------H. A. Burnes
Marked Tree Burial Association-------- Marked Tree ------- B. F. Williams
Mayhan-Boultinghouse Burial Ass’n. Newark-------------- Clyde Boultinghouse
McConnel Burial Association--------------Hartford--------------B. A. McConnell
McNahb Burial Association----------------Pocahontas---------- Nelle L. McNabb
Mid-South Burial Association------------ Marianna------------- Winnie Kennedy
Mineral Springs Burial Association._ Mineral Springs. Edd Bridgemari
Randall L. Mitchell Burial AssociationParagould------------Randall L. Mitchell
Monarch Burial Association----------------W y n n e.--------------- Helen J. Hughes
Moore’s Burial Association----------------- Fayetteville--------- Jane B. Roberts
Morgans Burial Society----------------------- Stuttgart. ^----------- Frances Morgans
Murry Burial Association------------------- Arkadelphia-------- E. H. Murry
National Burial Association----------------West M em phis...P. M. Dacus
Nelson-Savage Burial Association._ Fayetteville-------- B. R. Nelson
New Home Burial Association------------ Newport -------------- Ottie Dillinger
North Arkansas Burial Association.. Marshall------------- Russell Sisco
Ocker Burial Association------------------- Van Buren -------- . Mrs. Marv Ocker Howel
Old Reliable Burial Association----------Hughes---------------- William Walker
R. W . Olmstead Burial Association. _Heber S p rin g s...R . W . Olmstead
Olympic Burial Association--------------- Pine B luff----------- H. T. Perry
Ouachita County Burial Association.Camden.----------__R. T. Lockett
Our Burial Association-------------------------Fort Smith----------Henry Peques




Thirty-Third Report

147

Name of Association
Address
See’y-Treas.
Ozark liuriai Association.
. „S iio a m Springs.-M argaret Wasson
Page Burial Association
..
.H ot S p rin g s.___ T. R. Page
......... t onway
____
Sarah Lynn Pence
Pence Kunal Association ...
Peoples Benevolent Protective A ss’n—Paris_____________ L. R. Cox
Peoples Burial Association.
_______ West Helena_____ Frank Ella Jordan
Peoples Consolidated Burial A ss’n._Piggott_________ —Lloyd Russell
Peoples Consolidated Burial Ass'n.__
of Western Clay_____
_________ Corning__________ B. Sullivan
Poinsett Burial Association........... __Trumann
—Paul Thompson, Jr.
Polk County Burial A sso c ia tio n .____ Mena____ _— ------R. P. Geyer
Prescott Burial Association__________ Prescott________ - J . D. Cornish
Progressive Burial Association______ Pine Bluff_______ .11. S. Brown
Putman Funeral Association _______ Fort Smith____ —Mrs. J. G. Putman, Sr.
Pveatt’s Burial Association. Inc____ Siloam Springs__ W . O. Burns
Raney Burial Association____________ MeCrory_.
. . Walter W . Raney
Frank Reid Burial Association______ Morrilton________ .Elva Reid
II. E. Rice Company Burial Society__Waldron_________ E. C. Rice
Richardson Burial Association______ Texarkana_______ Emma Richardson Jone
W. A. Rowell Burial Society ______ Fort Smith______ Vivian Rowell
Ruehel Burial Association__ ___ ____ Little Rock______ H. E. Greenfield
Rumph Burial Association___. _____ El Dorado_______ Mrs. C. B. Rumph
Russel] Burial Association
_ ...P ig g o tt__________ Leslie D. Russell
Scott-Sehastian Burial Assm iation.. Mansfield_____ .J oe J. Martin
Searcy County Burial Association._ Marshall------------- Leonard Coffman*
Shinn & Son Burial Association_____ Russellville______ Fern M. Shinn
Sims & Walton Burial Assoc iation. .Renton. .
______ Ralph W. Walton
Smith Burial Association.
______ Stam ps.___ ______ A . O. Smith
Smith Burial Association _ _ _ ___Lewisville________A. 0 . Smith
South Burial Association.. . _____ Pine Bluff________ S. E. South
Southwestern Burial Association___ Hot Springs_____ George H. Brenner
Stephenson Burial Association______ Montieello_______ IL E. Stephenson
Stevens Burial Association
_______ Forrest City_____ W . E. Stevens
Swift Funeral Home Burial Society._ Osceola__________Lolah B. Coble
Texarkana Protective Association... Texarkana_______.Howard Fuqua
Fred A. Thompson Funeral Service..
Agreement. ------- -------------------- Paragould----------- Fred A. Thompson
Tri-County Burial Association______ Imboden___________Mrs. C. Higginbotham
_____ Jonesboro-------------- E. J. Turner
Tri-County Burial Club. . .
Tri-County Burial Club of _____ ___ Newport. ----------- Alvis W. Jackson
tinion Colored Christian Benev­
olent Burial Association___ _____Farmersville. La_E. N. Kilpatrick
United Burial Association................ .. Conway__ _______ H. M. McNutt
Wallian-Mowrey Burial Association..Piggott__________ 0 . L. Mowery
Watson Burial Association
______ Fayetteville______Edmond P. Watson
Westbrook Burial A ss’n. of Glenwood Glenwood________Phillip Kelley
B. Westbrook Burial Association..Hazen___________ C. B. Westbrook
W. L. Westbrook Burial Association..Beebe____________ B. W . Linder
White River Burial Association. _____ Batesville________ A . L. Crouch
Wilkerson Burial Association ______ DeQueen_________ Fred Wilkerson
Williams Burial Association ________ Camden__________ B. F. Williams
Wilson Burial Association.
_______ England__________Harold Todd
Wybe Burial Association_ _ _ ______ Brinkley__________ Davis Wylie
Yell County Burial Association . ___Dardanelle_______Lamont Cornwell




State of Arkansas: Bank Department

148

CONSOLIDATED STATEM ENT OF CONDITION OF THE ELEVEN
COOPERATIVE EXCHANGES OPERATING IN ARK ANSAS
AS OF JUNE 30, 1947
Resources
Loans and discounts-_________ .___________ _______________ ____ ____ $
Overdrafts ________ _— ___ _______ _____ ____ ____________ __________
U. S. Government obligations_______ ______ ____ _______ ______ __
Other securities _______ _______ ______________________________ _______

32,374.38
7,803.77
75,100.00

2,016.62
Cash and due from banks___ ___ __________ __________ ___ _______ ________ 1,847,379.22
Banking house
_____________ .____ ___________ _______________________
1,800.00
Furniture and fixtures ______ ___ ______________________,______ _______
1,376.25
Other resources___ _____ __________ _____ ______ _____ ______ ____ __________
107.45
TOTAL

RESOURCES—

________________ ________________ _______________ f 1 ,9 6 7 ,9 5 7 .6 9

Liabilities
C a p ita l s t o c k ______ _____________ _______ __ ___________ ____ ___________________ $
2 5 ,8 8 0 .0 0
Su rplu s and undivided p r o fits ___________ ______ ___________________________
5 0 ,0 5 9 .6 4
D e p o sits ---------------------------------- — ______ _____ ____ _____________ _____ ________ 1 ,8 9 1 ,8 4 9 .7 0
O th e r l i a b i l i t i e s ___ _________ ____________ _________________ ___________ ,______
1 6 8.35
T O T A L L IA B IL IT IE S




______________ ___________________ _________ _ _ $ 1 ,9 6 7 ,9 5 7 .6 9

Thirty-Third Report

149

THE FIRST COMPANY, BLACK ROCK
Population 769.
J. P. Sloan, President

Lawrence County
Henry L. Clark, Manager

Statement of June 30, 1947
Resources
Cash and due from banks... .$4,713.61
Other resources____________
107.45

Liabilities
Capital s t o c k ________________ $2,480.00
Surplus and p r o f i t s ________ 2,233.61
Other liabilities ___________
107.45

T o t a l ____________________ 14,821.06

T o t a l ___________________ __$4,821.06

EARLE EXCHANGE COMPANY. EARLE
Population 1,872.
Luther Wallin, President

Crittenden County

Mrs. Mary F. Fullwood, Cashier

Statement o f June 30, 1947
Resources
Loans and d iscou n ts____$7,770.00
O v e rd ra fts _____________ .
145.77

Liabilities

Cash and due from banks— 639,575.41

Capital S t o c k ________________ 2,000.00
Surplus and p r o fits _____ _ 24,718.28
Deposits __________________ 620,772.90

Total __________________ ,_$647,491.18

T o t a l ____ ____ ___ ______ $647,491.18

E LA IN E COOPERATIVE EXCHANGE. E LA IN E
Population 634.
J. J. Patridge, President

Phillips County
Mrs. Catherine M. Reid, Cashier

Statement of June 30, 1947

Resources

Liabilities

Overdrafts ________________ $
65.55
Furniture and Fixtures____
303.20
Cash and due from banks__ 130,735.44

910.00
Capital s t o c k _____ ________$
Surplus and p r o fits.
1,653.31
D e p o s its ---------- ----------------- 128,484.98
Other lia bilities______ .___
55.90

Total




______ _$131,104.19

Total _____ __________ ____ $131,104.19

State of Arkansas: Bank Department

150

H ARD Y EXCHANGE, HARDY
Population 721.

Sharp County
T. W. Walker, Cashier

R. S. Diggers, President

Statement of June 30, 1947
Resources
Loans and discounts______ f 2,700.00
Furniture and fixtures____
140.00
Cash and due from banks-_ 149,281.09

Liabilities
Capital stock _____ _______ .$ 2,500.00
Surplus and profits______
1,016.95
Deposits ________________ _ 148,58414

Total - ________ ________ $152,101.09

Total ___________________$152,101.09

LAK E CITY EXCHANGE COMPANY, LAKE CITY
Population 786.
Fred Carter, President

Craighead County
L. D. Walker, Jr., Cashier

Statement of June 30, 1947

Resources

Liabilities

O v erd ra fts_____ .__________ $ 8,883.27
U.S. Gov’t obligations-.__
25,100.00
Cash and due from banks _ 85,122.29

Capital stock______ _________ $ 10,000.00
2,191.26
Surplus and profits______
Deposits __________________ 104,914.30

T o t a l ___ ________________ $117,105.56

Total __________________ -$117,105.56

LEAC H YILLE EXCH ANGE, LEACHVILLE
Population 1,076.
Paul Downs, President

Mississippi County
Mrs. DeLean Alexander, Cashier

Statement of June 30, 1947

Resources

Liabilities

O v erd ra fts________________ $
345.67
Cash and due from banks- 178,811.27

Capital stock-______ ______$
400.00
Surplus and profits_______ .
3,911.68
Deposits
------ ----------------174,845.26

Total




.$179,156.94

Total

$179,156.94

151

Thirty-Third Report

MERCHANTS AND PLANTERS EXCHANGE, M ANILA
Population 1,248.
Grover E. Snider, President

Mississippi County
Riley B. Jones, Cashier

Statement of June 30, 1947

I^csourccs

Liabilities

U.S. Gov’t obligations-.__ $ 50,000.00

Cash and due from banks- 299,245.61

Capital s t o c k _____________$ 2,000.00
Surplus and profits_______ 11,629.87
D e p o s its __ _______________ 335,615.74

Total _______- ____ ____ ._$349,245.61

T o t a l __________________ $349,245.61

PEOPLES EXCHANGE, McRAE
Population 420.
H. F. Hammack, President

White County
G. M. Bennett, Cashier

Statement of June 30, 1947

Resources

Liabilities

Overdrafts _____ _____ _____ $
363.51
Furniture and fixtures
500.00
1,800.00
Banking h o u s e ______ _____
Cash and due from banks- 197,314.95

Capital s t o c k _____________$ 2,500.00
Surplus and profits_______
474.48
Deposits _________ ________ _ 197,003.98

Total

_____ ______ - ____ $199,078.46

Total

_________________ $199,978.46'

M INERAL SPRINGS EXCHANGE COMPANY, M INERAL SPRINGS
Population 731.
Lee McCorkle, President

Howard County
E. C. Dillard, Cashier

Statement of June 30, 1947

Resources

Liabilities

Loans and discounts________ $21,904.38
Furniture and fixtures------433.05
Cash and due from banks__ 37,952.03

Capital sto c k _______________$ 2,250.00
Surplus and profits________ 2,008.44
Deposits ___________________ 56,031.02

Total ________- ____ - ______$60,289.46

Total ____________________ $60,289.46




State of Arkansas: Bank Department

152'

TYRONZA EXCHANGE COMPANY, TYRONZA
Population 639.
D, P. Wylie, President

Poinsett County
W. S. Tatum, Cashier

Statement o f June 30, 1947

Resources
Cash and due from banks_$71,850.00

T o t a l ________ — _______ $71,850.00

WILMAR

Liabilities
Capital stock___________________ 440.00
Surplus and profits_______
48.85
Deposits ------------------------------ 71,361.15
T o t a l _______ _______ ____ $71,850.00

EXCHANGE, W ILM AR

Population 605.
E. A. Oslin, President

Drew County
R, A. MeKinstry, Cashier

Statement of June 30, 1947

Resources

Bonds and warrants---------- $ 2,016.62
Cash and due from banks— 52,797.52

Liabilities
Capital stock _____________ $ 400.00
Surplus and profits_______ _
172.91
Deposits ------------------------ 54,241.23

T o t a l_____ _______ ______ $54,814.14

T o ta l----------------- ------ — $54,814.14