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REPORT

OF

THE

BANK COMMISSIONER
OF

ARKANSAS

O RVAL E. FAUBUS
Governor

DICK SIMPSON
State Bank Commissioner







FORTY-EIGHTH REPORT

OF TH E

BANK COMMISSIONER
OF TH E

S T A T E OF ARKANSAS

FOR THE YEAR ENDING JUNE 30, 1962




DICK SIMPSON
State Bank Commissioner

ST A T E OF A R K A N SA S
OFFICE OF ST A T E B A N K D E P A R T M E N T
July 2, 1962
To His Excellency
Orval E. Faubus
Governor o f Arkansas
Sir:
I have the honor o f submitting to you the Forty-Eighth Annual
Report o f the State Bank Department for the fiscal year ending
June 30, 1962, in compliance with the terms and provisions of
Act 113 o f 1913 (N ow found in Section 67-111, Arkansas Statutes
of 1947). The report reflects the condition of the State-chartered
banks and trust companies and other factual data pertaining to the
operation of the Department.




Respectfully submitted
Dick Simpson
State Bank Commissioner

Forty-Eighth Report

3

L E G A L H OLIDAYS

New Year’s Day.__________________ _____January 1.
Robert E. Lee’s Birthday______________ January 19.
George W ashington’s Birthday__ ____ February 22.
Memorial Day____________________ _____M ay 30.
Independence Day..

____________ _____ July 4.

Commemorating the end
of W o rld W a r II____________ _____ August 14.
Labor Day________________________ _____First Monday in September.
Veteran’s Day__________________________N ovem ber 11.
Thanksgiving Day_____________ __ _____ Any day made or designated
by Act o f Congress.
Christmas Day.________________________ December 25.
All Biennial Statewide Primary and General Election Days.

A ll Bills of Exchange, Drafts or Promissory 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.




4

State o f Arkansas: Bank Department

D E P A R T M E N T A L ROSTER
Dick S im p so n _____________________________ State Bank Commissioner
Theo P. C a rso n ______________________ Assistant Bank Commissioner

SENIOR B A N K EX A M IN E R S
J. A. W elty
F. C. Rayburn

D. S. Patterson
R . C. W illco x

JUNIOR A N D A SSISTA N T EX A M IN E R S
Olan B. W ages
John A . Bunch

H. W . Oldham
Arthur A . Morris

CLERKS A N D STEN OG R APHER S
Betty Morton

Louise Lincoln

Edna Hickingbotham

ST A T E BAN K IN G BOARD
Shelby Ford, C hairm an____________________________________ Springdale
D. F . P o r tis __________________________________________________ Lepanto
John W . E dw ards____________________________________________ Batesville
W . T. Murphy, J r .__________________________________________Texarkana
James T . K a r a m __________________________________________ Little Rode
Theo P. Carson, Secretary________________________________Little Rock

OFFICE
Room 270, State Capitol Building




Telephone FRanklin 2-3161

Forty-Eighth Report
COMMISSIONERS OF THE STATE BANK DEPARTMENT

5

STATE OF ARKANSAS
No.

Name

Date of Appointment

Date Service Ended

1.

John M. Davis________ __March 6 , 19 1 3 _______________ October 3,1918

2.

A. J. Reap

3.

W . T. M a xw ell_______ -March 22,1919

__October 3,1918 _

.

____ March 22,1919
.September 1,1921

4.

Charles McKee

—September 1,1921

____ Ju ly 28, 1925

5.

Loid Rainwater

- J u l y 2 8 ,1 9 2 5 __________

____ February 8,1927

6.

W alter E. Taylor

...February 8,1927

7.

Marion W a sso n ______ _ January 10, 1933 _______ ____ January 12,1937

........

January 10,1933

8.

Grover S. Jernigan__ -J a n u a ry 12, 1937 _______ ......-January 14,1941

9.

Thomas W . Leggett

January 14,1941

___ ____ February 1,1949

10.

S. J. D e a n ____________ —February 1 ,1 9 4 9 _______ ____ December 31,1949

11.

Ed I. McKinley, J r .__ ...December 31,1949

12.

A. R. M erritt_________

13.

Dick Sim pson________ —February 8, 1955 _______




March 14, 1953

____ ____ March 14,1953
_____ ____ February 8,1955

6

State o f Arkansas: Bank Department

The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1,1961 to June 30,1962.
RECEIPTS
Cash balance with State Treasurer, June 30,1961 ________________
Examination and Assesment F e e s ___________________ $122,950.90
Charter and Amendment F e e s ______________________
3,310.00
Miscellaneous F e e s___________________________________
1,036.39

$130,483.29

$127,297.29
$257,780.58

DISBURSEMENTS
Sdl&rics *
Administrative______________________________________ $19,500.00
Examining Force __________________________________ 62,008.12
Office F o r c e ________________________________________ 10,687.67
Maintenance_____________________________________________

19,417.37

Travel E xp e n se_________________________________________

16,148.85

Contributions by Department t o :
Social Security F u n d ______________________________
State Retirement S y ste m __________________________

2,162.39
2,987.04

Proportionate part of operating cost of Social Security
and State Retirement S y stem _____________________

143.35

Charges by State Treasurer— Handling F e e __________

2,717.93

Transfer from Bank Department fund to Securities
Division fu n d _______________________________________

20,000.00

Transfer from Bank Department fund by State Claims
Commission — refund on stock f e e _______________

150.00

Check returned — not collected_______________________

5.00

$155,927.72
Cash balance with State Treasurer June 3 0 ,1 9 6 2 -------------------------




101,852.86
$257,780.58

7

Forty-Eighth Report

AR K AN SAS BAN KER S ASSOCIATION
1962 -1 9 6 3
President___________ -H. C. Couch, Jr., President, Union National
Bank, Little Rock
Vice President_____ P.

L . Copeland, President,
Planters Bank, Newport

Merchants

and

Treasurer.__________ Donald W . Stone, Vice President, Simmons
First National Bank, Pine B lu ff
Secretary__________ J e ff Burnett, 621 Pyramid Building, Little Rock
Ass’t Secretary____ Miss Thelma Bruce, 621 Pyramid Building,
Little Rock
E X E C U T IV E COUNCIL
Means W ilk in so n _______________________________

___ Greenwood

Ellis E. Shelton__________________________________

__ Fayetteville

Robert M. V augh an_____________________________

__ .W ynne

R. Harlan R o s s __________________________________

__ Helena

John Ed Cham bers____________________________

__ Danville

E.

D. W illia m s _________________________________

___Bald Knob

Basil H o a g _______________________________________

___Texarkana

H.

C. A d a m s ___________________________________

__ D eW itt

Fred M. H o lt____________________________________

___W arren

H.

___ El Dorado

C. McKinney, Jr_____________________________
COUNCILM EN - A T - LARG E

T. H. D u k e ________________________________________________ Benton
C.

W . H arp er___________________________________________ Carlisle
OFFICERS JUNIOR BAN KER S
SECTION
AR K AN SAS BAN KER S ASSOCIATION

President_________________ James N ip p er____________ Taylor
Vice President___________ Jack K. H o g a n ____________ W est Memphis
Secretary_________________ X). E. McCoy, Jr___________ Sheridan
Treasurer_________________John E . L o c k _____________ Little Rock



8

State o f Arkansas: Bank Department

F E D E R A L R ESER VE B A N K
OF
ST . LOUIS, MISSOURI
DISTRICT N O . 8
President________________ ___ _______________________ (Vacancy)
1st Vice President_________________________________ Darryl R. Francis
Vice President_____________________________________M arvin L. Bennett
Vice President_____________________________________.Homer Jones
Vice President_____________________________________D ale M. Lewis
Vice President_____________________________________H ow ard H. W eig el
Vice President______________________________________Joseph C. W otaw a
Vice President______________________________________.Orville O. W y rick
Chief E xam in er___________________________________ W ilbur H. Isbell

L IT T L E ROCK BR ANCH
F E D E R A L R ESER VE B A N K
OF
ST. LOUIS, MISSOURI
Vice President and M anager______________________Fred Burton
Cashier____________________________________________ John F. Breen, Jr.
Assistant Cashier__________________________________ Howard J. Jensen
Assistant Cashier__________________________________John K. W a rd

F E D E R A L DEPOSIT IN SU R ANCE CORPORATION
D ISTRICT N O . 6
1059 Arcade Building, St. Louis, Mo.
Telephone Central 1-1757
Supervising E xam in er___________________________________G. E. Mounts
Ass’t Supervising E x a m in er____________________________ L . C. Beasley
(Effective September 2, 1962)

Ex a m

in e r s

for

Ar k a n s a s

Floyd W . D ickson_________________________________________ Jonesboro
W m . R. P arnell____________________________________________ Fayetteville
Russell C. Livingston______________________________________Pine B lu ff



COMPARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUST COMPANIES
AS OF JUNE 30, 1962 AND JUNE 30, 1961
June 30,1961
181

Increase
1

RESOURCES:
Cash and due from b a n k s ------. ..........
U. S. Government obligations ____________
Other bonds and securities..............................
Loans and d isco u n ts.................
Banking house, furniture & fix tu r e s_____
Other real estate —..............-___________ ____
Other resources ____________________________

$159,242,688.88
160,497,103.61
99,792,165.06
323,914,058.51
8,539,468.37
1,012,140.17
783,364.86

$148,249,174.04
155,723,648.32
88,581,706.75
280,359,474.79
7,216,584.52
946,609.59
1,003,779.18

$10,993,514.84
4,773,455.29
11,210,458.31
43,554,583.72
1,322,883.85
65,530.58

TO TAL RESOURCES ......................................

$753,780,989.46

$682,080,977.19

$71,700,012.27 (Net)

LIA BILITIE S:
Demand deposits ________ ___________ ______
Savings and time d ep o sits________ ________
U. S. Government d e p o sits________________
Public funds ................. ...... ....................... .........
Deposits of banks ___________ __________ __

$371,523,190.78
215,718,459.65
10,576,041.22
59,710,995.84
20,759,145.36

$353,530,066.29
174,846,044.43
9,583,194.45
57,027,913.14
17,179,494.63

$17,993,124.49
40,872,415.22
992,846.77
2,683,082.70
3,579,650.73

________

$678,287,832.85

$612,166,712.94

$66,121,119.91

Other liabilities ____________________________

2,400,726.05

2,309,706.58

91,019.47

TO TAL DEPOSITS ______________

$220,414.32

TO TAL L IA B IL IT IE S ______________________

$680,688,558.90

$614,476,419.52

$66,212,139.38

CAPITAL ACCOUNTS:
Capital s t o c k ________________________________
Surplus ...........................................
Undivided profits and re se r v e s___________

$ 18,784,200.00
24,911,000.00
29,397,230.56

$ 17,219,200.00
22,372,400.72
28,012,956.95

$ 1,565,000.00
2,538,599.28
1,384,273.61

________

$ 73,092,430.56

$ 67,604,557.67

$ 5,487,872.89

TO TAL CAPITAL ACCOUNTS
AND L IA B IL IT IE S ______________ ________— $753,780,989.46

$682,080,977.19

$71,700,012.27

TOTAL CAPITAL ACCOUNTS .




Decrease

Forty-Eighth Report

June 30,1962
182

Number of Banks

COMPARATIVE ABSTRACT SH OW ING T H E CONDITION OF STATE AND NATIONAL BANKS OF ARKANSAS AS OF
DECEMBER 31, 1961 - 1957
1961
238

1960
237

1959
237

RESOURCES:
Cash and due from b a n k s ..................... —
U. S. Government obligations ________
Other bonds & securties _______________
Loans and d isco u n ts____________________
Banking house, furniture & fixtures —
Other real estate _______________________
Other resources ________________________

$ 378,602,000
341,733,000
185,072,000
637,378,000
17,874,000
1,500,000
3,419,000

$ 342,850,000
329,728,000
168,607,000
563,365,000
16,051,000
1,065,000
2,600,000

$ 341,822,000
351,424,000
171,614,000
490,104,000
14,105,000
965,000
2,387,000

$ 315,025,000
339,185,000
157,914,000
449,705,000
13,124,000
658,000
2,466,000

$ 303,234,000
322,738,000
141,557,000
389,392,000
11,221,000
973,000
2,309,000

TO TAL RESOURCES ___________________

$1,565,578,000

$1,424,266,000

$1,372,421,000

$1,278,077,000

$1,171,424,000

$

$

$

$

$

Number of Banks

37,914,000
48,907,000
45,504,000

34,997,000
45,994,000
42,041,000

33,632,000
43,258,000
36,945,000

1957
238

1958
237

31,299,000
40,789,000
34,166,000

29,714,000
38,052,000
32,352,000

Total capital account ___________________
Deposits _________________________________
Other liabilities . ........................................

$ 132,325,000
1,425,904,000
7,349,000

$ 123,032,000
1,293,423,000
7,811,000

$ 113,835,000
1,251,481,000
7,105,000

$ 106,254,000
1,166,024,000
5,799,000

$ 100,118,000
1,066,236,000
5,070,000

TOTAL L IA B IL IT IE S ___________________

$1,565,578,000

$1,424,266,000

$1,372,421,000

$1,278,077,000

$1,171,424,000




State o f Arkansas: Bank Department

LIABILITIES:
Capital stock ____________ __ _____________
Surplus __________________________________
Undivided profits and r e se r v e s________

o

COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES
FOR PAST TH IRTY-THREE YEARS
Number
Banks
___
329
____ 265
____ 223
____ 202
____ 189
____ 180
____ 178
____ 176
____ 171
____ 167
........ 169
____ 166
____ 166
____ 161
____ 161
.... ... 163
____ 169
.... .
170
____ 174
____ 174
____ 176
____ 177
____ 178
____ 177
____ 178
____ 179
____ 182
____ 183
_ 183
____ 182
____ 182
... ... 181
____ 182




Deposits
131,936,800
92,097,800
62,043,400
47,335,000
41,756,400
50,646,500
59,441,000
66,036,600
66,771,000
73,397,300
79,079,100
94,733,000
128,975,900
190,153,500
226,832,800
302,720,500
355,193,200
346,132,500
340,469,900
344,900,700
354,288,100
358,571,300
383,178,600
398,584,300
411,324,600
430,059,100
460,899,300
470,719,000
503,671,700
543,739,400
570,442,400
612,166,700
678,287,800

Loans and
Discounts
111,542,200
67,063,800
46,374,800
29,925,600
23,434,300
25,039,400
22,088,500
24,965,600
29,138,400
36,443,100
32,496,900
33,420,100
30,666,600
30,497,300
42,121,000
50,282,600
49,928,600
70,403,400
82,157,200
101,075,200
94,148,700
108,035,400
120,769,700
125,554,200
159,028,000
158,246,800
190,365,300
187,089,200
202,943,500
229,693,600
253,908,500
280,359,500
323,914,100

Borrowed
Money
12,018,900
3,356,600
7,676,700
6,798,200
3,515,800
320,500
148,300
233,500
88,100
206,100
72,300
75,100
56,700
83,700
81,700
106,700
131,700
116,700
221,700
118,200
148,200
133,200
58,200
298,200
58,200
58,200
0
0
336,600
1,070,000
1,138,000
570,400
202,000

Cash
30,886,200
26,347,000
20,014,800
19,530,100
18,594,700
20,827,300
29,198,000
28,661,800
26,501,600
27,761,400
34,852,000
46,087,100
75,993,000
88,424,600
87,156,400
115,746,100
114,416,400
102,647,800
96,311,500
96,605,800
102,081,300
102,013,000
114,420,700
117,406,400
116,317,200
117,844,400
119,609,800
119,094,300
133,569,800
132,739,000
136,153,900
148,249,200
159,242,700

U. S. Gov’t
Bonds
4,892,500
4,101,500
6,061,500
6,946,200
7,155,500
9,206,600
11,254,400
12,197,200
10,842,300
9,198,600
10,664,100
12,705,800
21,423,800
71,252,800
97,906,100
137,559,700
187,100,000
170,818,800
160,340,700
148,075,000
158,652,300
148,390,100
144,775,800
152,351,100
135,033,400
148,234,300
140,958,000
150,285,000
148,166,500
155,785,000
155,449,300
155,723,600
160,497,100

Capital
Structure
23,169,300
17,551,600
14,937,100
12,398,500
12,047,800
11,693,400
11,769,900
12,059,300
12,084,800
12,280,700
12,567,100
12,805,500
13,316,600
13,904,500
15,076,800
16,624,500
18,908,900
21,414,700
23,769,900
26,381,700
29,064,500
31,611,000
34,416,400
37,166,600
40,797,700
42,559,300
46,686,200
50,275,400
54,163,400
57,409,200
62,805,700
67,604,600
73,092,400

Total
Resources
168,358,500
114,721,200
85,708,100
67,506,400
57,423,900
62,770,700
71,508,200
78,432,900
79,016,200
85,961,400
92,002,700
107,936,900
142,710,700
204,492,600
242,132,900
319,689,500
374,451,600
367,934,700
364,722,300
371,711,900
383,815,000
390,770,400
417,987,700
436,430,100
452,551,900
473,034,400
508,372,900
522,434,100
559,229,900
603,550,700
635,861,400
682,081,000
753,781,000

Forty-Eighth Report

Date_________
June 30,1930_____
June 30,1931------June 30, 1932_____
June 30, 1933_____
June 30, 1934------June 29,1935_____
June 30, 1936_____
June 30, 1937_____
June 30,1938_____
June 30,1939_____
June 29, 1940_____
June 30,1941_____
June 30,1942_____
June 30, 1943_____
June 30, 1944_____
June 30,1945_____
June 29,1946_____
June 30,1947_____
June 30, 1948_____
June 30,1949_____
June 30, 1950_____
June 30,1951_____
June 30,1952_____
June 30,1953_____
June 30,1954_____
June 30,1955_____
June 30,1956_____
June 29,1957_____
June 30,1958_____
June 30,1959_____
June 30, 1960_____
June 30, 1961_____
June 30,1962_____

12

State o f Arkansas: Bank Department

CONSOLIDATED REPORT OF INCOME AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR T W E L V E
MONTHS ENDING DECEMBER 30, 1961

INCOME:
Interest and discounts on loans ______ _______ $17,855,327.63
Interest and dividends on securities___ ___ 8,048,993.80
Service charges, exchange charges, etc-------- 3,996,516.60
Other operating income ____________________
468,964.65
Total income from operations ------------------------------------

$30,369,802.68

EXPEN SES:
Salaries, wages and directors f e e s _________ $
Officers and employees b e n e fits___________
Interest paid on time d ep o sits______________
Interest paid on borrowed m o n e y _________
Taxes on income ____________________________
Net occupancy expense of bank prem ises__
Furniture and equipment-depreciation,
servicing, etc. _____
Other current expenses ____________________

9,416,788.08
627,471.63
4,835,733.28
46,386.44
2,350,073.94
1,401,174.07
792,346.28
4,266,993.11

Total current ex p en ses_________

$23,736,966.83

Net current operating income ..

$ 6,632,835.85

RECOVERIES AND PROFITS:
On securities _________________________________ $
On lo a n s ________________________ _____ _______
All o t h e r ______________________________________

714,942.50
301,665.45
173,051.75
$ 1,189,659.70
$ 7,822,495.55

LOSSES CHARGED OFF AND TRANSFERS TO RESERVES:
On securities_________________________________ $
343,477.65
1,089,787.10
On lo a n s _____________________________________
All o t h e r .................................................. ..................
446,238.66
$ 1,879,503,41
$ 5,942,992.14

DIVIDENDS PAID:
Cash dividends paid on common s to c k ____ $ 1,882,793.00

NET INCOME AFTER D IV ID E N D S ___________________________




$ 4,060,199.14

13

Forty-Eighth Report

BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, AND TELLER’S W IN D O W S
LOCATED OUTSIDE OF CITIES

County
Arkansas..........................................
Ashley.............................................
Baxter_____________________ —
Benton_________________________
Boone— .........................................
Bradley— ........................................
Calhoun...........................................
Carroll
___
_______
Chicot
......................................
Clark _
- _ .............................
Clay —
....................................
Cleburne........................................
C leveland____________ ________
Colum bia_____________________
C on w a y ......... ....... .........................
Craighead_____________________
C raw ford_____________________
Crittenden ...................... .............
Cross —.............................................
D a lla s_________________________
D e sh a ............................ .................
D r e w ................................................
Faulkner ........................................
F ran klin ......................................
F u lton _________________________
Garland___________ ___________
Grant ............................................
Greene ............................. ............
Hempstead........................ ...........
Hot Spring. _____ _____________
H ow ard ____________ __________
Independence_________________
Iza rd __________________________
Jackson........ ......... ........ ................
J e f fe r s o n ....................... ..............
Johnson____ .. ______ ______
Lafayette___ _______________
Law rence_____________________
L e e _________________ ___ _______
L in co ln .................... .......................
Little R iv e r____ ____ . ______ _
Logan —
Lonoke .
..........
Madison ............
Marion
M iller___ ________ ___________ .
Mississippi............ .............. .........
M onroe_______________________
Montgomery .................... ..........
N evada________ _______________
Newton . _ ................................
Ouachita______________________
P e r r y __ _______________________




State
Banks

National
Banks

Teller’s W indows
(Outside of Cities)

2
6
1
7
2
1
1
1
4
4
3
2
2
3
2
4
4
4
3
2
2
3
1
2
2
1
1
1
1
1

2

1

1

1

1

1

2
3
2
3
1
1
1
2
5
2
1
6
3
1
1
1
4
1

2
1
2
1
1

1

1

2

1
1

1
1
2

1
1
2
2
1
1
1

1
2

2
3
1
1
2
1

1
1

1
1

1

1
1
1

1

4

14

State o f Arkansas: Bank Department

BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, AND TELLER’S WINDOWS
LOCATED OUTSIDE OF CITIES
County
P h illip s____ __________________
P ik e ..................................................
Poinsett ____ __________________
P o lk .........................
.............
P o p e __________ ________________
Prairie
.......................................
P u lask i________________________
Randolph _________ __ ________
St. Francis
_____ ___________
S alin e___________ ________ _____
S co tt__________ —........................
S ea rcy _______________ _________
Sebastian_______________ ____
Sevier _ .......... ..........................
S h a rp _________________________
S to n e_________________ ________
Union _____ _________________
Van B u ren _____________ ______
W ash in gton _______________ ___
W h it e ................................... .......
W oodruff ....... .......................
Y e l l ____________________________




State
Banks

National
Banks

4
3
6
1
5
2
7
3
2
2
1
2
3
2
4
1
4
1
5
7
2
4

2

184

Teller’s W indow s
(Outside of Cities)

1
1
4

1
1

2
1
3
1
2

3
1
1

2
2
1
1
57

32

Forty-Eighth Report

15

NATIONAL BANKS IN ARKANSAS
Location
County
Name
_____ Jefferson
.Altheimer__
First National Bank__
_____ Clark
. Arkadelphia
Citizens National Bank
......... Little River
First National B ank__________________ Ashdown
_____Independence
First National B ank__________________ Batesville____
_____ Carroll
First National B ank__________________ B erryville-----_____Mississippi
First National Bank__________________ Blytheville —
_____ Ouachita
Citizens National B ank_______________ Camden______
_____Johnson
Farmers National B ank______________ Clarksville___
_____ Faulkner
First National B ank__________________ C onw ay______
First National Bank__________________ De Queen------- _____ Sevier
_____ Chicot
First National Bank__________________ D erm ott_____
_____ Arkansas
First National B ank__________________ D eW itt______
__ __ Union
First National B ank_______ '.__________ El D orad o___
.........Union
National Bank of Commerce__________El D orad o___
_____Washington
First National Bank__________________ Fayetteville__
_____Dallas
First National B ank__________________ F ord y ce_____
National Bank of Eastern Arkansas___ Forrest City — _____ St. Francis
_____ Sebastian
City National B ank___________________Fort Smith___
_____Sebastian
First National Bank__________________ Fort Sm ith___
_____Sebastian
Merchants National B ank_____________Fort Smith___
_____Carroll
First National B ank__________________ Green F orest..
First National B ank__________________ Gurdon______
_____ Clark
_____ Cleburne
Arkansas National B ank______________ Heber Springs
Helena National B ank________________ Helena .... ..... ... _____ Phillips
_____ Phillips
Phillips National Bank_______________ H elena_______
_____Hempstead
Citizens National B ank_______________ H op e ________
_____ Hempstead
First National Bank__________________ H op e ________
_____ Garland
Arkansas First National B ank________ Hot Springs
_____St. Francis
Planters National B ank_______________ Hughes____
_____Madison
First National Bank__________________ Huntsville ...
_____Craighead
First National B ank__________________ Jonesboro ...
_____Lafayette
First National B ank__________________ .Lewisville ...
_____ Pulaski
Commercial National B an k___________ Little Rock .
_____Pulaski
First National B ank__________________ Little Rock ..
_____Pulaski
Union National B ank_________________ Little Rock .
_____Columbia
First National Bank__________________ Magnolia .....
Malvern National B ank_______________ M alvern___
_____Hot Spring
First National Bank__________________ Marianna __
_____Lee
Planters First National B an k_________ M ena______
.........Polk
First National Bank__________________ Nashville .....
_____Howard
First National B ank__________________ N ew port___
_____Jackson
American National B ank______________ North Little Rock ____Pulaski
National Bank of Commerce__________ Paragould______ _____Greene
First National Bank__________________ Paragould_______ _____Greene
First National Bank__________________ Paris
_____Logan
National Bank of Com m erce__________ Pine B lu ff___
____ Jefferson
Simmons First National B ank_________Pine B lu ff___
____ Jefferson
American National B ank_____________ R ogers_______
_____Benton
First National B ank__________________ Springdale___
... .... Washington
Peoples National B ank_______________ Stuttgart_____
_____Arkansas
State National Bank__________________ Texarkana___
_____Miller
Trumann National B ank______________ Trumann____
____ Poinsett
First National Bank__________________ Tuckerman__
____ Jackson
Citizens National B ank_______________ Walnut Ridge
_____Lawrence
First National Bank of Lawrence Co__ Walnut Ridge
_____Lawrence
First National Bank__________________ Warren ....... .
_____Bradley
First National B ank___ _______________ W yn n e______
_____Cross



16

State o f Arkansas: Bank Department

MEMBERS OF FEDERAL RESERVE SYSTEM
Capital and
Date of Admission
Name of Bank & Location
Surplus
April 21,1941_________Elk Horn Bank & Trust Com pany_______ ! S 250,000.00
Arkadelphia
April 15,1953_________The Citizens B a n k ______________________ 300.000. 00
Batesville
August 23,1918_______ Farmers Bank & Trust C om pany_______ 1,200,000.00
Blytheville
May 10, 1944__________Bank of B rin k ley_______________________ 250.000. 00
Brinkley
April 28, 1941_________The Merchants & Planters B an k ________
300.000. 00
Camden
July 2, 1956__________ Bank of Crossett________________________
600.000. 00
Crossett
September 11, 1942___ The Exchange Bank & Trust C om pany__ 500.000. 00
El Dorado
January 7, 1944_______M cllroy Bank __________________________
500.000. 00
Fayetteville
September 22, 1933___ Fordyce Bank & Trust C om pany_______
250.000. 00
Fordyce
September 25, 1942___ Arkansas Bank & Trust C om pany______
800.000. 00
Hot Springs
January 27, 1960______ Bank of Lake V illa g e __________________
250.000. 00
Lake Village
July 26,1945_________ Peoples Bank & Loan C om pany________
190.000. 00
Lewisville
January 3,1956_______Bank of Arkansas ______________________ 300.000. 00
Little Rock
March 20,1919____ ___ Worthen Bank & Trust Com pany_______ 6,000,000.00
Little Rock
April 9, 1957 --________ The Twin City Bank __________________
450.000. 00
North Little Rock
July 20, 1920_________ The Bank of R ussellville________________ 300.000. 00
Russellville
August 23, 1923_______ Peoples Exchange B a n k ________________
400.000. 00
Russellville
June 9,1942_________ Grant County B a n k _____________________
100.000. 00
Sheridan
May 8,1961__________ Bratt-Wasson B a n k _____________________
300.000. 00
Siloam Springs
April 11,1944________ Smackover State Bank __________________ 300.000. 00
Smackover
May 20, 1921__________Bank of W a ld ro n _______________________ 150.000. 00
Waldron
COMMERCIAL BANKS — NON MEMBERS FEDERAL DEPOSIT
INSURANCE CORPORATION
Name
Location
Portland B an k ________________________________ Portland
Bank of Sidney _______________________________ Sidney
TRUST COMPANIES NOT ENGAGED INCOMMERCIAL BANKING AND
NON MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION
Name
Location
Guaranty Loan & Trust Com pany______________ Helena
Metropolitan Trust Company ____________ Little Rock
John Matthews C om pany_____________ No. Little Rock



17

Forty-Eighth Report

STATE BANKS OPERATING TELLER’S WINDOWS
(WITHIN CITY WINDOWS NOT INCLUDED)

Name of Bank

Location

Citizens State Bank______
...Bald Knob
-Benton
Benton State Bank
DeWitt Bank & Trust Company ..—DeWitt
Earle State B ank_______________-E arle
..Forrest City
Planters Bank & Trust Company -Forrest City
Farmers B ank_________________ . Greenwood
Farmers B ank_________________ -Greenwood
-H oratio
Horatio State Bank
—Jacksonville
McGehee B ank______
McGehee B ank______
Monette State Bank _
Pike County Bank
Mississippi County Bank
Mississippi County Bank
The Security Bank & Trust Co.
First State B ank_____________

Bank of Wilson




Location
Teller’s
W indow

County

Bradford
White
Bauxite
Saline
Arkansas
Gillett
Crawfordsville Crittenden
Cotton Plant
W oodruff
DeValls Bluff
Prairie
Hackett
Sebastian
Hartford
Sebastian
Dierks
Howard
Little Rock
Pulaski
A. F. Base
Lake City
Craighead
—Jonesboro
Arkansas City Desha
...McGehee
Watson
Desha
. McGehee
Caraway
-Monette
Craighead
.. Murfreesboro Mineral Springs Howard
Joiner
Mississippi
-Osceola
-O sceola
Luxora
Mississippi
Marmaduke
Paragould
Greene
—Plain view
Ola
Yell
...Searcy
McRae
White
-Siloam SpringsGentry
Benton
-Smackover
Norphlet
Union
-Tuckerman
Swifton
Jackson
Reiser
-W ilson
Mississippi
-W ynne
Hickory Ridge Cross

State o f Arkansas: Bank Department

18

NATIONAL BANKS OPERATING TELLER’ S WINDOWS
(WITHIN CITY WINDOWS NOT INCLUDED)

Name of Bank

Location

First National Bank_____________Batesville
First National Bank_____________Blytheville
First National Bank____________ Fort Smith
First National Bank_____________Magnolia
Simmons First National B an k____Pine Bluff
State National Bank____________ Texarkana
First National Bank_____________W arren




Location
Teller’s
W indow
Hardy
Blytheville
A.F. Base
Fort Chaffee
Taylor
Sherrill
Foreman
Hermitage

County
Sharp
Mississippi
Sebastian
Columbia
Jefferson
Little River
Bradley

19

Forty-Eighth Report

NEW BANKS CHARTERED
July 1,1961 to June 30, 1962
Surplus

Charter
Number

Arkansas Valley Bank, Dardanelle, Yell
County, August 29, 1961
$100,000.00

$ 20,000.00

714

Planters and Stockmen Bank,
Pocahontas, Randolph County,
June 12, 1962 ____________________ .....

$100,000.00

$100,000.00

715

First State Bank of Lake Village,
Lake Village, Chicot County,
June 12, 1962 ____________________ .....

$100,000.00

$100,000.00

716

Name, Location and Date

Capital

AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1,1961 to June 30, 1962
1. The Bank of Augusta, Augusta, increased capital from $75,000.00
to $100,000.00 by the declaration of a 33 1/3% stock dividend.
2. The Citizens Bank, Batesville, increased capital from $100,000.00
to $125,000.00 by the sale of $25,000.00 par value of new stock.
3. Benton State Bank, Benton, increased capital from $300,000.00 to
$375,000.00 by the declaration of a 25% stock dividend.
4. Clinton State Bank, Clinton, increased capital from $50,000.00 to
$100,000.00 by the declaration of a 100% stock dividend.
5. Danville State Bank, Danville, increased capital from $60,000.00
to $100,000.00 by the declaration of a $25,000.00 stock dividend, and the
sale of $15,000.00 par value of new stock.
6. Farmers Bank, Greenwood, increased capital from $40,000.00 to
$100,000.00 by the declaration of a 150% stock dividend.
7. Prairie County Bank, Hazen, increased capital from $60,000.00 to
$75,000.00 by the declaration of a 25% stock dividend.
8. Worthen Bank & Trust Company, Little Rock, increased capital
from $2,000,000.00 to $3,000,000.00 by the declaration of a $500,000.00 stock
dividend and the sale of $500,000.00 par value of new stock.
9. Peoples Bank, Mammoth Spring, increased capital from $25,000.00
to $50,000.00 by the declaration of a 100% stock dividend.
10. The Bank of Montgomery County, Mt. Ida, increased capital from
$25,000.00 to $50,000.00 by the declaration of a 100% stock dividend.
11. Portland Bank, Portland, increased capital from $50,000.00 to $100,000.00 by the declaration of a 100% stock dividend.
12. The Searcy Bank, Searcy, increased capital from $150,000.00 to
$200,000.00 by the declaration of a 33 1/3% stock dividend.
AMENDMENTS CHANGING PAR VALUE OF SHARES
July 1,1961 to June 30, 1962
Name
Citizens Bank of Jonesboro
Bank of Lake Village

Location
Jonesboro
Lake Village

From
$ 25.00
100.00

AMENDMENTS AUTHORIZING TRUST POWERS
July 1,1961 to June 30, 1962
Name
McGehee Bank
Peoples Exchange Bank
Bank of West Memphis



Location
McGehee
Russellville
West Memphis

To
$10.00
25.00

20

State o f Arkansas: Bank Department

AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1,1961 to June 30, 1962
Name
Benton State Bank
Bank of Franklin
Worthen Bank & Trust Company
Portland Bank
Bodcaw Bank




Location
Benton
Franklin
Little Rock
Portland
Stamps

From
3 to 9
3
3 to 20
6
6

To
3 to 12
4
5 to 25
5 to 9
5 to 9

21

Forty-Eighth Report

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
RESOURCES OF THE 182 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1962, IS 9.7%. THE FOL­
LOWING BANKS EQUAL OR EXCEED THIS FIGURE.
Name of Bank

Location

...A m ity____
Bank of A m ity--------...Atkins ___
Bank o f Atkins-------—A ugusta__
The Bank of Augusta
...Bald Knob
Citizens State Bank _
..B ea rd en __
The Citizens Bank__
..Beebe ____
Citizens Bank
. Blevins ___
Bank of B levins__________________
.Blytheville ..
Farmers Bank and Trust Company
Booneville ..
Citizens B ank____________________
.Bradley ___
The Bank of B radley-------------------. Calico Rock
State Bank of Calico Rock
The Merchants and Planters B ank----------C am den --------American State Bank-------- -------------------- Charleston —
Bank of Cherry V alley--- ------- -------- ---- ..Cherry Valley
Bank of Chidester------------------ --------------Chidester -----The Merchants and Planters B ank--------- C larendon-----Clinton State Bank--------------------------------C lin t o n --------Danville State Bank------------------------------ Danville ------____________ Dardanelle
Arkansas Valley Bank
____________ Delight
Bank of Delight
D erm ott_____
Dermott State Bank
Farmers and Merchants Bank--------------- Des Arc
DeWitt Bank and Trust Company----------D eW itt-----------Bank o f D ov er--------------------------------------D o v e r -------------Merchants and Farmers Banks_________ D u m a s ________
Earle State Bank______________________ E a r l e -------------The Delta State Bank__________________ E l a i n e ________
Bank of England______________________ England----------The Citizens Bank_____________________ E ngland_______
The Eudora B ank________ __ __________ E u dora ________
Bank of Eureka Springs________________Eureka Springs
Bank of Evening Shade________________ Evening Shade
Fordyce Bank and Trust Com pany_____ F o r d y ce _______
The Bank of Franklin__________________F r a n k lin ______
Bank of Gravett________________ ___ ___ Gravette ______
Clark County B ank____________________ G u r d o n _______
Farmers B ank_________________________ H am burg______
Calhoun County Bank________ __________Hampton ______
Bank of Holly G rove___________________ Holly G r o v e ___
Bank of Nettleton______________________ Jonesboro _____
Farmers and Merchants B ank__________ Judsonia ____
Union State B ank______________________ Junction City
Bank of Kensett_______________________ Kensett ______
Bank of Lake V illage__________________ Lake Village
Leachville State Bank__________________L ea ch ville___
Little River B ank______________________ Lepanto ______
Bank of Lockesburg------------------------ ----- Lockesburg__




Percentage
13.4
15.0
14.3
10.9
15.7

10.1

12.2

14.9

10.2

10.3
11.4
12.1
10.2
14.0
10.3

11.0
10.1

10.4
9.9

10.6

9.8
18.9
12.3
14.5
13.2
11.8
16.8
11.9
12.9
14.0
9.9
14.9

11.1

16.6
10.7
12.5

10.1

12.1
13.7
12.9
13.9

11.2
10.0

9.9
14.5

20.6
15.0

22

State o f Arkansas: Bank Department

Name of Bank

Location

First State B ank------------------------------------ Lonoke -----------Farmers Bank and Trust Com pany-------- Magnolia ----------Bank of M alvern_______________________ Malvern ------------Peoples B an k ________________ ___ ______ Mammoth Spring
Merchants and Planters B ank__________ Manila -------------Farmers and Merchants B an k__________ Marianna----------Marked Tree B ank_____________________ Marked Tree —
The Citizens B ank_____________________ Marshall ----------Bank of M arvell________________________Marvell ------------Bank of M elbourne____________________ Melbourne -------McGehee B an k______________ __ _____ ___McGehee ----------Commercial Loan and Trust Com pany__M onticello--------Union Bank and Trust Com pany________ M onticello--------Bank of Mountain V ie w __________ __ ___ Mountain View __
Bank of M ulberry___________________ — M u lberry----------Bank of N ew ark_______ __ _____________ Newark -----------Bank of New Edinburg_________________New Edinburg —
Merchants and Planters B an k__________ Newport ----------Mississippi County B ank_______________ Osceola ------------The Planters Bank_____________________ Osceola ------------Bank of Parkdale_______________________Parkdale ----------First State B ank_______________________ P a r k in -------------Bank of Pea R id ge_____________________ Pea Ridge --------Piggott State Bank_____________________ Piggott -------------First State B ank________________________Plainview ______
Portland B ank_________________________ Portland _______
The Peoples Bank______________________ Portland _______
Citizens B an k __________________________P ottsville_______
Bank of Prescott_______________________ Prescott ________
The Bank of R ector_______ _____________ Rector _________
The Bank of R ison _____________________ Rison __________
Logan County B ank____________________ Scranton _______
Security B an k_________________________ Searcy _________
The Searcy B ank_______________________Searcy _________
Grant County B ank_______ __ __________ Sheridan _______
Arkansas State Bank________________ __ Siloam Springs ...
Smackover State B ank_________________ Smackover _____
Citizens B an k__________________________Smithville ______
Merchants and Planters B ank__________ Sparkman ______
Bodcaw B an k__________________________Stamps __________
Bank of Star C ity______________________ Star C ity ________
Citizens B an k__________________________ Strong _________
The Farmers and Merchants B an k______Stuttgart _______
Citizens B ank__________________________Tillar __________
Bank of Tuckerman____________________ Tuckerman _____
Tyronza B ank_________ _________ ______ T y ron za ________
Bank of W a ld o_________________________Waldo _________
The Peoples Bank_____________________ Waldo _________
Warren B ank_________ ___ _____________Warren ________
Bank of W ein er________________________ W e in e r_________
Bank of West Memphis________ ________ .West Mem phis__
Merchants and Planters B an k__________ West Memphis _
Rice Growers Bank____________________ W h eatley_______
Wilmot State B ank_____________________ Wilmot ________
Bank of W ilson ________________________ Wilson _________
Cross County B ank____________________ Wynne _________
The Bank of Y ellville__________________ Y ellv ille________




Percentage
14.7
9.8

12.1
10.4
17.5

12.2
9.8
11.7
15.5

12.8
10.6
12.3
15.7
16.5

12.6
14.5

12.0
9.7
9.9
9.8
17.8
14.3
11.3
13.2
16.1

22.2
18.8
13.0

10.0

13.8
17.2
11.4
10.8
10.0
17.6

10.0
10.6
20.8
10.9
18.0
14.4
16.0
9.9
18.1
11.4
10.3
10.5

11.6
11.5

10.6
10.6
10.2

12.9
20.0
21.0
12.6
15.1

Forty-Eighth Report

23

FORTY-EIGHTH REPORT
of

STATEMENT OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OP JUNE 30, 1962
Cities and towns alphabetically arranged by postoffices.
Population shown is that given by the 18th census of the United States,
1960, or subsequent special census.

COMMERCIAL BANK AT ALMA, ALMA
Population 1,370

Crawford County

Chartered January 31, 1910

Transit Number 81-272

Telephone Number 3441
Officers
W. E. B y a rs______________ President
John Y. Burrough „ Exec. Vice Pres.
Margaret Adams __________ Cashier
Mrs. Hilda K n igh t____Asst. Cashier

Directors
C. M. Alexander
E. Bradley
John V. Burrough
W. E. Byars

W. H. Cole
McLoud Sicard
C. R. Starbird

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,065,130.65
U. S. Gov’t, obligations .. 650,915.00
Other bonds and
securities _________ 199,545.52
Furniture and fixtures ..
4,207.99
Banking house ________
4,869.00
Cash and due from
banks _____________
561,845.34
Other resources________
1,824.64

Capital stock ________ _ $ 37,500.00
Surplus fund ________ _
37,500.00
Undivided p ro fits ____ 105,897.28
Total capital acct. ___ _

180,897.28

Demand deposits ____ _ 1,548,523.74
Time deposits _______ ... 618,050.34
U. S. Gov’t, deposits__ ...
30,804.78
Public funds ________ ... 110,062.00
Total deposits _______ ... 2,307,440.86

Total _______________ $2,488,338.14




Total ______________-$2,488,338.14

24

State o f Arkansas: Bank Department

BANK OF AMITY, AMITY
Population 543
Clark County
Chartered Nov. 30, 1905
Telephone No. FI 2-2131
Transit No. 81-287
Officers
Directors
John N. Francis ________ President Ernie Dunlap
Cleda Olds
Joe F. M a xey-----------------Vice Pres. John N. Francis Hazel Richardson
Cleda O ld s ------------------------- Cashier Joe F. Maxey
Peggy Thom asson____Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___$1,040,720.92 Capital s to c k ............. _ $ 50,000.00
O v e rd ra fts____________
81.09 Surplus fund ......... .
100,000.00
U. S. Gov’t, obligations.. 612,592.32 Undivided profits __-- - 199,934.01
Other bonds & securities 506,163.43 Reserves .................... .__
22,452.16
Furniture and fixtures ..
328.70
Total
capital
acct.
__...
.
372,386.17
Banking house ________
1.00
Cash & due from banks.. 608,978.50 Demand deposits ___ __ 1,257,342.96
Other resources _______
217.33 Time deposits ______
1,052,067.07
U. S. Gov’t, deposits .__
14,864.35
Public funds _______ __
72,422.74
Total deposits _____
Total _______________ $2,769,083.29

. 2,396,697.12

Total ____________ . -$2,769,083.29

ELK HORN BANK AND TRUST COMPANY, ARKADELPHIA
Population 8,069
Clark County
Chartered Sept. 28,1903
Telephone No. CH 6-5811
Transit No. 81-133
Officers
Directors
Curtis Echols
J. Hugh Lookadoo
A. C. Stone ____________ President
Clarence Hardin _______ Vice Pres. John N. Francis Farrar Newberry
J. B. W in gfield________ Vice Pres. James T. Gooch
A. C. Stone
Clarence Hardin J. P. Sturgis
C. C. Lookadoo _______Vice Pres.
Jack H. Vestal
W. P. Jones, Jr., V. Pres. & Cashier W. P. Jones, Jr.
C. C. Lookadoo
J. B. Wingfield
Roy N. S h op e________ Asst. Cashier
Herman G. B re w e r
Asst. Cashier
G. W. Lookadoo
Mrs. Eula L. Kinnaird.. Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Capital s t o c k _______ ____ $ 125,000.00
Loans and discounts__ $2,528,275.31
Overdrafts ____________
.46 Surplus fund ______ ____
125,000.00
Undivided p r o fits______
U. S. Gov’t, obligations _ 1,651,687.41
182,440.59
Other bonds & securities 718,728.14 Reserves ___________
2,258.13
Furniture and fixtures ..
29,894.86
Total
capital
acct.
..
____
434,698.72
Banking house ________
87,634.40
Cash & due from banks.. 1,091,061.05 Demand deposits __ ____ 2,159,299,24
Other resources _______
328.50 Time deposits _____
___ 2,709,646.24
U. S. Gov’t, deposits ____
17,402.38
Public funds ............ ____
556,563.55
Deposits of banks ..____
230,000.00

Total deposits _____ ____ 5,672,911.41

T otal



$6,107,610.13

Total

___________ ____ $6,107,610.13

Forty-Eighth Report

25

MERCHANTS AND PLANTERS BANK AND TRUST COMPANY,
ARKADELPHIA
Population 8,069
Clark County
Chartered June 15,1911
Telephone No. CH 6-4511
Transit No. 81-469
Officers
Janies C. H o b g o o d ______ President
Jett B la ck .........Vice Pres. & Cashier
H. G. Elms ____________ Vice Pres.
Millard E. A u d ______Asst. Cashier
Lottie W atson _______Asst. Cashier
Catherine C ondray___Asst. Cashier
Esteleen C a sh ________Asst. Cashier

Directors
Jett Black
D. W. McMillan
Charles G. Clark Robert C. Rhodes
H. G. Elms
Ralph M. Williams
A. D. Gross
James C. Hobgood

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts _$1,296,887.76
U. S. Gov’t, obligations. 739,185.89
Other bonds & securities 642,231.44
Furniture and fixtures ..
14,796.77
30,000.00
Banking house ________
Other real estate ______
1.00
Cash & due from banks. 663,856.15
Other resources _______
1.00

Liabilities
Capital s to c k __________ $ 100,000.00
Surplus fu n d __________
100,000.00
Undivided p ro fits ______ 102,954.58
Reserves ______________
5,042.08
Total capital acct. _____

307,996.66

Demand deposits ______ 1,697,526.77
Time deposits _________ 1,025,938.05
U. S. Gov’t, deposits____
33,374.29
Public funds __________
322,124.24
Total deposits _________ 3,078,963.35

Total

$3,386,960.01

Total

.$3,386,960.01

BANK OF ASH FLAT, ASH FLAT
Population 192
Sharp County
Chartered February 20, 1912 Telephone No. WY 4-3201 Transit No. 81-499
Officers
Directors
Odus Carpenter_________ President Boyd Carpenter
Boyd Carpenter_________ Cashier Odus Carpenter
Odessa E ste s________ Asst. Cashier Leonard Ferguson
STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts__ $ 406,592.42
Overdrafts ____________
157.13
U. S. Gov’t, obligations _ 250,000.00
Other bonds & securities
83,000.00
Furniture and fixtures „
1.00
Banking house ________
1.00
Cash & due from banks.. 563,150.69

Liabilities
Capital s to c k __________ $
Surplus fund __________
Undivided profits _____

25,000.00
50,000.00
47,228.62

Total capital acct. _____

122,228.62

Demand deposits ______
Time deposits ......
Public funds __________

853,517.66
215,061.14
112,094.82

Total deposits _________ 1,180,673.62
T otal



$1,302,902.24

T otal ________________ $1,302,902.24

26

State o f Arkansas: Bank Department

BANK OF ATKINS, ATKINS
Population 1,391
Pope County
Chartered Sept. 19, 1895
Telephone No. MI 1-2636
Officers

Transit No. 81-215

Directors

J. M. Barker, J r ._________ _ President
C. A. B a r k e r ___________ __ Cashier
Minnie S p e e r _________ Asst. Cashier

C. A. Barker
J. M. Barker, Jr.
Minnie Speer

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts __$ 142,849.68
Overdrafts ______________
39.87
U. S. Gov’t, obligations.
439,457.50
Other bonds & securities
9,684.62
Furniture and fixtures ..
3,000.00
5,000.00
Banking house _________
Cash & due from ban k s.
298,291.70

Total _________________ $ 898,323.37

Liabilities
Capital s to c k ------------------$
Surplus fund ___________
Undivided p r o fits_______

30,000.00
15,000.00
89,746.21

Total capital acct. _____

134,746.21

Demand deposits _______
U. S. Gov’t, deposits ___
Public funds ___________

714,070.25
5,000.00
44,506.91

Total deposits __________

763,577.16

Total

.$ 898,323.37

TH E BANK OF AUGUSTA, AUGUSTA
Population 2,272
W oodruff County
Chartered Feb. 20, 1935
Telephone No. 347-2511
Transit No. 81-718
Officers
George L. Beard _________ President
R. E. G re g o ry __________ Vice Pres.
W . T. Mills, J r .______________Cashier
Dorothy W i l l i s _______ Asst. Cashier

Directors
George L. Beard
R. E. Gregory
R. J. Haralson

W . T. Mills, Jr.
J. Ford Smith
John H. Stanley

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___$1,416,348.99
Overdrafts ______________
1,248.94
U. S. Gov’t, obligations..
66,042.50
Other bonds & securities
504,470.81
Furniture and fixtures ..
6,792.00
Banking house _________
1,440.00
Cash & due from banks . 551,571.91
Other resources ________
329.83

Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
100,000.00
Undivided p r o fits_______
163,881.28
Total capital acct. _____

363,881.28

Demand deposits _______ 1,324,995.66
Time deposits __________
602,064.24
U. S. Gov’t, deposits ___
23,230.87
Public funds ___________
194,946.19
Deposits of banks _____
15,289.98
Total d ep o sits__________ 2,160,526.94
Other

Total ____________________$2,548,244.98




liabilities

_______

23,836.76

Total ____________________$2,548,244.98

27

Forty-Eighth Report

CITIZENS STATE BANK, BALD KNOB
Population 1,705
White County
Chartered Jan. 22,1931 Telephone No. PArkview 4-3242
Officers

Transit No. 81-673

Directors

E. D. W illia m s ___Pres. & Cashier
T. W . Leggett, Sr. _____ Vice Pres.
W . H. Collison __________ Vice Pres.
H. A. W h it le y ___________ Vice Pres.
Dave R a m e y __________ Asst. Cashier
Mildred Hall _________ Asst. Cashier

W . H. Collison
Jennings Leggett
T. W . Leggett, Sr.

H. A. W hitley
E. D. W illiam s

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $ 307,145.05
U. S. Gov’t, obligations.. 1,067,428.13
Other bonds & securities
297,880.79
Furniture and fixtures..
10,294.50
Banking house _________
9,000.00
Cash & due from ban k s. 404,102.29

50,000.00
Capital s t o c k ___________ $
50,000.00
Surplus fund ___________
Undivided p r o fits _______
26,861.14
Reserves ________________
100,000.00
Total capital acct. _____

226,861.14

Demand deposits _______ 1,553,463.57
Time deposits __________
102,868.48
11,109.48
U. S. Gov’t, deposits ___
Public funds ___________
145,319.25
Deposits of banks _____
56,228.84
Total deposits __________ 1,868,989.62
Total _________________ $2,095,850.76

Total _________________ $2,095,850.76

TH E CITIZENS BANK, BATESVILLE
Population 6,207
Independence County
Chartered Feb. 19, 1953
Telephone No. RI 3-3811
Transit No. 81-773
Officers

Directors

J. K. Southerland__________ President S. M. Bone
M. A. C o n y ers____ Exec. Vice Pres. M. A. Conyers
Mark M. D a v is ______________ Cashier John Moody
Edna L. M organ ______ Asst. Cashier

N. K. Sims
J. K. Southerland
Eagle Street

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts __$1,996,060.34
Overdrafts ______________
1,551.55
U. S. Gov’t, obligations..
879,292.19
Other bonds & securities
404,070.54
Furniture and fixtures „
39,800.00
Banking house _________
31,646.90
Cash & due from banks.
751,683.29
Other resources -----------555.67

Capital s t o c k ___________ $ 125,000.00
Surplus fund ___________
175,000.00
Undivided p r o fits _______
57,987.49
Total capital acct.............

357,987.49

Demand deposits _______ 2,137,941.18
Time deposits __________ 1,071,256.61
U. S. Gov’t, d ep o sits___
48,146.62
Public funds ___________
102,382.00
Deposits of banks _____
386,946.58
Total deposits __________ 3,746,672.99

Total




$4,104,660.48

Total

-$4,104,660.48

28

State o f Arkansas: Bank Department

TH E CITIZENS BANK, BEARDEN
Population 1,268
Ouachita County
Chartered June 17, 1945
Telephone No. 687-2649
Transit No. 81-749
Officers

Directors

Garland Anthony ________ President
R. W . L a u n iu s___________ Vice Pres.
Horace L o o n e y __________ Vice Pres.
Hugh T h o m p so n ___________ Cashier
Harold Mizell _________ Ast. Cashier

Garland Anthony
R. W . Launius
O. B. Livingston

Horace Looney
Hugh Thompson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $ 393.850.41
Overdrafts ______________
8,304.75
U. S. Gov’t, obligations,.
60,000.00
219.601.42
Other bonds & securities
Furniture and fixtures ..
4,398.65
Other real estate _______
4,838.48
Cash & due from ban ks.
201,506.44
Other resources ________
2.00

Total _________________ $ 892,502.15

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______

25,000.00
90,000.00
25,046.29

Total capital acct.......... ...

140,046.29

Demand deposits _______
Time deposits __________
Public funds ___________

559,235.82
119,122.72
74,097.32

Total d ep o sits__________

752,455.86

Total _________________ $ 892,502.15

CITIZENS BANK, BEEBE
Population 1,697
W hite County
Chartered June 21, 1917
Telephone No. TA 8-5471
Transit No. 81-588
Officers

Directors

T. E. A b in g to n __________ President
Frank G arrison __________ Vice Pres.
Gilbert O sbu rn ______________Cashier
Laverne J o n e s________Asst. Cashier

Catherine C. Abington
E. H. Abington
Alpha Brown
Eugene H. Abington, II
T. E. Abington
H. M. Dodds
Frank Garrison

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___$ 435,156.03
Overdrafts ______________
317.18
U. S. Gov’t, obligations ..
765,341.00
Other bonds & securities
119,321.80
Furniture and fixtures ..
1,514.30
Banking house _________
16,771.60
Other real estate -......
759.00
Cash & due from banks..
360,802.61
Other resources ________
2,829.67

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Reserves ________________
Total capital acct. _____

25,000.00
50,000.00
72,130.99
25,000.00
172,130.99

Demand deposits _______ 1,267,516.73
Time deposits __________
97,230.69
Public funds ___________
165,669.26
Total d ep o sits__________ 1,530,416.68
Other lia b ilitie s ________

Total _




$1,702,813.19

Total

265.52
$1,702,813.19

29

Forty-Eighth Report

BENTON STATE BANK, BENTON
Population 10,399
Saline County
Chartered Feb. 9, 1934
Telephone No. SPring 8-2591
Transit No. 81-711
Officers
Directors
W . R. A lsobro o k __________ President
W . R. Alsobrook
A. B. Holiman, Jr.
W . A. Springer _________ Vice Pres.
Fred E. Briner
W . A. Springer
B. J. F o r d ______________ Vice Pres.
W yatt Crawford
D. J. Stirmon
B. J. Ford
Van H. Wright
Van H. W right ___________ Cashier
Leonard A y e r s _________Asst. Cashier
H. J. Gingles
Robert H o w e ll_________Asst. Cashier
Russell C olem an _____ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Capital s t o c k ___________ $ 375,000.00
Loans and discounts___ $3,744,500.66
U.S. Gov’t, obligations__ 2,434,713.00
Surplus fund __-________
325,000.00
Other bonds & securities 2,622,171.02
Undivided p r o fits_______
77,947.10
Furniture and fixtures ..
31,610.44
11,220.47
Reserves ________________
Banking h o u se__________
18,885.79
Total capital acct___ ____
789,167.57
Cash & due from banks „ 2,233,527.52
Other resources_________
37,183.47
Demand deposits _______ 4,351,182.14
Time deposits __________ 4,554,538.82
U. S. Gov’t, deposits____
129,011.12
Public fu n d s_____________ 879,997.09
Deposits of b a n k s_______
293,082.99
Total d ep o sits__________ 10,207,812.16
Other liabilities_________
T o t a l ________________ $11,122,591.90

125,612.17

Total ________________ $11,122,591.90

THE UNION BANK OF BENTON, BENTON
Population 10,399
Saline County
Chartered Jan. 11, 1954
Telephone No. SPring 8-4518
Transit No. 81-774
Officers
Directors
T. H. D u k e ______________ President
Henry Brown
J. W . Lewellen, Sr.
Henry B r o w n ____________ Vice Pres.
T. H. Duke
I. E. McCray, Sr.
Henry Finkbeiner________ Vice Pres.
Henry Finkbeiner J. E. Nutt, Sr.
Ralph N ea v ille______________Cashier
Bob G regory__________ Asst. Cashier
STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Capital s t o c k _______ ___ $ 100,000.00
Loans and discounts___ $1,159,213.55
Surplus fund _______ ___
U.S. Gov’t, obligations__ 1,350,936.67
100,000.00
Other bonds & securities
679,041.08
Undivided p r o fits______
82,957.33
Furniture and fixtures ..
23,645.00
Reserves ____________
6,000.00
Banking h o u se__________
25,824.98
Total capital acct....... ___
288,957.33
Other real estate________
1.00
Cash & due from banks „ 1,123,648.32
Demand d e p o sits___.... . 1,679,947.94
Time deposits ______ ___ 1,767,059.84
U.S. Gov’t, deposits ____
36,356.64
Public funds - _ _
589,988.85
Total deposits
Total _________________ $4,362,310.60




Total

_

4,073,353.27

......................___ $4,362,310.60

30

State o f Arkansas: Bank Department

BANK OF BENTONVILLE, BENTONVILLE
Population 3,649
Benton County
Chartered Feb. 25, 1931
Telephone No. CR 3-2421
Transit No. 81-701
Officers

Directors

Sam W a lto n _________ Chm. of Board
Fred Douglas _ Vice Pres. & Cashier
V. C. Rife, Jr__ ______ Asst. Cashier
Martha Mason _________ Asst. Cashier
Mary T u r n e r ___________ Asst. Cashier

Carl M. Burger
Fred Douglas
W . H. Enfield

Carl Hutchens
Gordon Knott
Sam M. W alton

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,901,987.51
Overdrafts ______________
371.43
U.S. Gov’t, obligations__ 1,369,736.77
Other bonds & securities
522,046.91
Furniture and fixtures „
12,724.42
Banking h o u se __________
27,000.00
26,337.44
Other real estate________
Cash & due from banks ~ 991,878.14

Capital s t o c k ___________ $ 100,000.00
150,000.00
Surplus f u n d ___________
Undivided p r o fits_______
122,503.44
Total capital acct________

372,503.44

Demand d e p o sits_______ 2,714,205.55
Time d e p o sits__________ 1,329,074.27
U.S. Gov’t, d ep o sits____
54,835.42
Public funds ___________
359,227.28
Deposits of banks _____
22,236.66
Total d ep o sits---------------- 4,479,579.18

T o t a l _________________ $4,852,082.62

Total _________________ $4,852,082.62

BANK OF BLEVINS, BLEVINS
Population 198
Hempstead County
Chartered August 12, 1912
Telephone No. 2274
Transit No. 81-518
Officers

Directors

Herbert M. Stephens_____ President
P. C. Stephens_____________ Cashier

Herbert M. Stephens
Harold M. Stephens
P. C. Stephens

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $ 174,162.92
U. S. Gov’t, obligations ..
130,975.00
Other bonds & securities
124,205.95
Furniture and fixtures ..
2,594.00
Banking h o u s e __________
1.00
Cash & due from banks „
153,418.18
Other resources_________
703.87

Total




.$ 586,060.92

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Reserves ________________

25,000.00
25,000.00
18,710.06
2,964.00

Total capital a c c t._______

71,674.06

Demand deposits _______
Time deposits __________
U.S. Gov’t, deposits_____
Public fu n d s_____________

320,050.08
135,674.78
5,032.62
53,629.38

Total d ep o sits__________

514,386.86

Total

.$ 586.060.92

31

Forty-Eighth Report

FARMERS BANK AND TRUST COMPANY, BLYTHEVILLE
Population 20,797
Mississippi County
Chartered March 16, 1908
Telephone No. PO 3-8101
Transit No. 81-105
Officers
Directors
B. A. L y n c h ________ Chm. of Board
J. L. Cherry
R. A. Porter
R. A. P o rte r_______________ President
I. R. Johnson
B. S. Simmons
Chas. C. Langston
F. E. Warren
F. E. W a r r e n _____Exec. Vice Pres.
Lee A. C ro w e______________ Cashier
B. A. Lynch
L. H. W elch
H. N. W h it is ___________ Asst. Cashier
B. G. S tew a rt________ Asst. Cashier
Chas. W . Tankersley__Asst. Cashier
R. G. C o x ______________ Asst. Cashier
Cleo W . P o p e __________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___$6,455,104.98
Overdrafts ______________
232.47
U. S. Gov’t, obligations „ 2,873,492.19
Other bonds & securities
596,482.37
Furniture and fixtures ~
8,981.48
Banking h ou se__________
54,184.08
Cash & due from banks
1,525,818.44
54,489.09
Other resources ________

JUNE 30. 1962
Liabilities
Capital s to c k ___________ $ 200,000.00
Surplus f u n d ___________ 1,000,000.00
Undivided p r o fits_______
523,982.94
Total capital acct________ 1,723,982.94
Demand deposits________ 5,999,586.54
Time deposits __________ 2,996,399.13
197,908.94
U.S. Gov’t, d ep o sits____
Public fu n d s_____________ 574,799.57
Deposits of b a n k s_______
46,362.97
Total d ep o sits__________ 9,815,057.15
Other liabilities_________

Total

.$11,568,785.10

29,745.01

Total ________________ $11,568,785.10

CITIZENS BANK, BOONEVILLE
Population 2,690
Logan County
Chartered April 18, 1910
Telephone No. OR 5-2747
Transit No. 81-195
Officers
Directors
J. H E v a n s ________________ President
Bill B. Demmer
Bill Landrum
Bill Landrum .. Vice Pres. & Cashier
J. H. Evans
John E. Olsen
Elizabeth W a lk e r ____ Asst. Cashier
James S. Hall
Herbert L.
Jeral L. Hampton
Thomas, Sr.
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___ i ,408,813.21
Capital s t o c k ___________ $ 100,000.00
Overdrafts ______________
557.20
Surplus f u n d ___________
100,000.00
U.S. Gov’t, obligations__
817,000.00
Undivided p r o fits _______
165,293.52
Other bonds & securities
764,260.96
Total capital acct.......... ....
365,293.52
Furniture and fixtures ..
14,354.11
Banking h ou se__________
1.00 Demand deposits _______ 2,264,155.16
Other real estate________
23,501.00
Time deposits __________
709,753.35
Cash & due from ban ks..
554,111.51
U.S. Gov’t, d ep o sits____
38,082.29
Other resources_________
6,513.61
Public fu n d s_____________
198,410.95
Total d ep o sits__________ 3,210,401.75
Other liabilities ________
Total _________________ $3,589,112.60




13,417.33

Total _________________ $3,589,112.60

32

State o f Arkansas: Bank Department

TH E BANK OF BRADLEY, BRADLEY
Population 712
Lafayette County
Chartered April 10, 1933
Telephone No. T W 4-2351
Transit No. 81-513
Officers
J.
J.
J.
J.

Directors

B. E d w a r d s--------------------President
W . Meek, J r . ----------------Vice Pres.
W . M e e k ---------------------------- Cashier
B. W o r k s ___________ Asst. Cashier

J. B. Edwards
L. B. Hamner
J. W . Meek

J. W . Meek, Jr.
Janies R. Murphy
W . T. Murphy, Jr.

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $
Overdrafts ______________
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures _
Banking h o u se__________
Other real estate________
Cash & due from banks _

567,611.07
327.14
153,000.00
178,057.59
9,250.00
9,800.00
2.00
240,748.32

Capital s t o c k ___________ $
25,000.00
Surplus f u n d ___________
50,000.00
Undivided p r o fits____________________ 44,292.4
Total capital acct_____________________ 119,292.
Demand deposits________
Time d e p o sits__________
U.S. Gov’t, d ep o sits____
Public fu n d s_____________

483,484.95
397,247.66
13,511.93
145,259.18

Total d ep o sits__________ 1,039,503.72
Total

$1,158,796.12

Total _________________ $1,158,796.12

BANK OF BRINKLEY, BRINKLEY
Population 4,636
Monroe County
Chartered January 17, 1903
Telephone No. 31
Transit No. 81-191
Officers

Directors

Albert L. Rusher — ---------- President
John F . C o l e _____ Exec. Vice Pres.
R. H. M id k iff______________ Cashier
Mildred D ickson ______ Asst. Cashier
Patrick V . M c K a y ____ Asst. Cashier

John F. Cole
L. C. Dial
E. D. McKnight

Albert L. Rusher
James B. Sharp

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts .
$2,026,683.53
U.S. Gov’t, obligations
793,529.00
Other bonds & securities
903,250.16
Furniture and fixtures ~
18,161.51
Banking h o u se__________
20,250.00
Cash & due from banks - 1,083,784.17
Other resources ________
4,925.80

Capital s t o c k ------------------$
50,000.00
Surplus f u n d ___________
200,000.00
Undivided p r o fits_______
103,813.91
Reserves ________________
10,000.00
Total capital a c c t.----------

363,813.91

Demand d e p o sits---------- 2,784,100.94
Time d e p o sits__________ 1,333,230.27
U.S. Gov’t, d ep o sits____
36,463.82
Public fu n d s_____________
332,924.64
Total d ep o sits__________ 4,486,719.67
Other liabilities________

Total




.$4,850,584.17

50.59

T o t a l _________________ $4,850,584.17

33

F o r t y -E ig h t h R e p o r t

BANK OF CABOT, CABOT
Population 1,321
Lonoke County
Chartered Mar. 23, 1903 Telephone No. BAldwin 4-2181 Transit No. 81-304
Officers
Fred B. Garlington_______President
Mrs. Marvin P a r k ________ Vice Pres.
& Cashier
James M. P a r k _____ Asst. Vice Pres.
Cecil T. O w e n _________ Asst. Cashier

Directors
W . T. Barnwell
Mrs. Marvin Park
Fred B. Garlington Lewis T. See
Jake W . Lowman J. D. W ood
James M. Park

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,559,713.07
Overdrafts ______________
111.50
713,315.25
U.S. Gov’t, obligations__
Other bonds & securities
489,019.55
Furniture and fixtures ..
15,633.45
25,000.00
Banking h o u se__________
Cash & due from banks 728,477.99

Capital s t o c k ________ ___ $ 50,000.00
100,000.00
Surplus f u n d ________ ___
166,252.23
Undivided profits __ ___
14,581.82
Reserves ------------------- ___
Total capital a cct.___ ___

330,834.05

Demand deposits____ ___ 1,812,639.45
Time deposits _______ ___ 1,250,438.25
27,656.75
U.S. Gov’t, deposits ___
109,702.31
Public fu n d s_________ ___
Total deposits _______ ___ 3,200,436.76

Total _________________ $3,531,270.81

Total ______________ ___ $3,531,270.81

STATE BANK OF CALICO ROCK, CALICO ROCK
Population 773
Izard County
Chartered May 1,1914
Telephone No. 4
Officers
Dr. Noel C o p p ___________ President
Gulley R. S e a y __________ Vice Pres.
E. C. R o d m a n _______________ Cashier
Mrs. Boyce H ic k s _____ Asst. Cashier

Transit No. 81-305

Directors
Dr. Noel Copp
S. E. McNeill

E. C. Rodman
Gulley R. Seay

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $ 446,219.89
Overdrafts --------------------142.26
603,960.94
U.S. Gov’t, obligations__
Other bonds & securities
18,500.00
Furniture and fixtures „
1,501.00
Banking h ou se...................
1.00
Other real estate............. .
3.00
Cash & due from banks „
658,178.05
Other resources ________
1,361.00

Liabilities
Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Total capital a c c t._______

50,000.00
65,000.00
81,974.81
196,974.81

Demand deposits _______ 1,439,157.03
Time deposits __________
37,362.30
U.S. Gov’t, deposits_____
15,993.75
Public fu n d s_____________
40,379.25
Total d ep o sits__________ 1,532,892.33

Total ................................$1 ,729,867.14




Total _________________ $1,729,867.14

34

State o f Arkansas: Bank Department

TH E MERCHANTS AND PLANTERS BANK, CAMDEN
Population 15,823
Ouachita County
Chartered March 4,1931
Telephone No. TEmple 6-2930
Transit No. 81-96
Officers
C. I. G rayson --------------------- President
H. T. P atto n --------------------- Vice Pres.
J. W . C o a n ------------------------------- Cashier
P. W . W o o ld rid g e____ Asst. Cashier
E. L. H arriso n _________ Asst. Cashier
0 . G. B urn h am ----------Asst. Cashier

Directors
Mike Berg
E. L. Harrison
C. W . Byars
H. T. Patton
J. W . Coan
John C. Watts
Thomas Gaughan P. W . Wooldridge
C. I. Grayson

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $1,625,903.88
U.S. Gov’t, obligations__ 1,148,000.00
Other bonds & securities 1,958,426.10
Furniture and fixtures 1.00
Cash & due from banks - 1,828,002.18
Other resources ________
7,836.13

Liabilities
Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Reserves ________________

100,000.00
200,000.00
398,014.45
100,000.00

Total capital acct________

798,014.45

Demand deposits _______ 3,466,050.60
Time deposits __________ 1,852,945.32
U.S. Gov’t, d ep o sits____
62,353.33
Public fu n d s_____________
346,659.77
Total d ep o sits__________ 5,728,009.02
Other liabilities ________
Total _________________ $6,568,169.29

42,145.82

Total _________________ $6,568,169.29

CITIZENS BANK, CARLISLE
Population 1,514
Lonoke County
Chartered Dec. 22, 1930
Telephone No. LU 2-2111
Transit No. 81-689
Officers
A. H. H u n t________________ President
C. W . Harper ____ Exec. Vice Pres.
M. S. W oodruff, Vice Pres. & Cashier
Mary B u rn ett_________ Asst. Cashier

Directors
A. W . Birdsong
F. E. Downs, Jr.
Dr. J. F. Gartman
C. W . Harper

A.
E.
F.
H.

H. Hunt
L. Morris
M. Perkins
L. Perkins

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $ 893,309.12
Overdrafts ______________
52.46
U. S. Gov’t, obligations - 1,029,024.00
Other bonds & securities
443,305.26
Furniture and fixtures ~
11,130.43
Banking house _________
11,000.00
Cash & due from banks.539,468.57

Liabilities
Capital s t o c k ___________ $
50,000.00
Surplus fund ___________
100,000.00
Undivided p r o fits _______
120,456.45
Reserves ________________
5,000.00
Total capital acct. ______

275,456.45

Demand deposits _______ 1,804,339.73
Time deposits __________
676,302.42
U. S. Gov’t, deposits____
22,775.60
Public funds ___________
138,917.84
Total d ep o sits__________ 2,642,335.59
Other liabilities ________

Total




$2,927,289.84

Total

9,497.80
$2,927,289.84

35

Forty-Eighth Report

BANK OF CAVE CITY, CAVE CITY
Population 540
Sharp County
Chartered July 2, 1906
Telephone No. ATlas 3-5553
Officers

Transit No. 81-310

Directors

Eagle Street ______________ President
Eugene Street____________ Vice Pres.
Carl D. Medlock ____________ Cashier
Nina M edlock_________ Asst. Cashier

J. A. Carpenter
C. L. Hoggard
Eagle Street

Eugene Street
James Street

STATEMENT OF JUNE 30, 1962
Liabilities

Resources
Loans and discounts .... $
Overdrafts ____________
U. S. Gov’t, obligationsOther bonds & securities
Furniture and fixtures__
Banking house _________
Cash & due from banks..

636,235.48
270.50
163,406.25
223,074.49

2 ,000.00
3,000.00
365,508.15

Capital stock ___________ $
Surplus fund ___________
Undivided p r o fits_______

25,000.00
75,000.00
24,463.73

Total capital acct. _____

124,463.73

Demand deposits _______
Time deposits __________
U. S. Gov’t, d ep o sits___
Public funds ___________

675,842.28
496,214.51
5,882.75
91,091.60

Total deposits __________ 1,269,031.14
Total _________________ $1,393,494.87

Total _________________ $1,393,494.87

AMERICAN STATE BANK, CHARLESTON
Population 1,036
Franklin County
Chartered June 29, 1910
Telephone No. 14
Transit No. 81-268
Officers

Directors

H. Clyde H ia tt___________ President
John A. M cD on ald_______Vice Pres.
H. E. Shum ate______________ Cashier
T. M. C la ssen __________ Asst. Cashier

H. Clyde Hiatt
McLoud Sicard
John A. McDonald Sam B. Stevinson
H. E. Shumate

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,055,354.00
Overdrafts ______________
21,011.98
U. S. Gov’t, obligations - 329,836.88
Other bonds & securities
356,777.94
Furniture and fixtures ..
4,000.00
Banking house _________
15,900.00
Cash & due from banks581,571.69
Other resources ________
2.00

50,000.00
Capital s t o c k ___________ $
Surplus fund __________
50,000.00
Undivided p r o fits_______
139,956.93
Total capital acct___ ___

239,956.93

Demand deposits _______ 1,478,097.15
Time deposits __________
558,569.78
U. S. Gov’t, deposits____
6,963.41
Public funds ___________
66,579.71
Total deposits __________ 2,110,210.05
Other liabilities ________

Total




$2,364,454.49

Total

14,287.51
$2,364,454.49

36

State o f Arkansas: Bank Department

BANK OF CHERRY VALLEY, CHERRY VALLEY
Population 455
Cross County
Chartered January 24, 1907
Telephone No. LU 8-4415
Officers

Transit No. 81-313

Directors

W . M. Smith, Jr. ________ President
Howard H. Beasley Exec. Vice Pres.
J. R. C a v in __________________ Cashier

Howard H. Beasley H. P. Maddox, Sr.
Millard Carter
W. M. Smith, Jr.
R. L. Ellis

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,262,027.39
3,945.34
Overdrafts ______________
U. S. Gov’t, obligations..
104,850.00
Other bonds & securities
69,969.72
Furniture and fixtures _
8,114.72
Banking house _________
1,297.00
Cash & due from banks304,918.66
Other resources ________
1,010.12

Capital s t o c k _________ - $
25,000.00
Surplus fund _________ ....
75,000.00
146,734.41
Undivided profits ___ - Total capital acct. ___ _

246,734.41

Demand deposits ____
Time deposits ............. .- U. S. Gov’t, deposits__
Public funds _________ _

853,855.96
499,159.36
5,843.68
150,539.54

Total d ep o sits________ _
Total _________________ $1,756,132.95

Total

1,509,398.54

..................... - -.$1,756,132.95

BANK OF CHIDESTER, CHIDESTER
Population 348
Ouachita County
Chartered April 29, 1909
Telephone No. OV 5-2261
Transit No. 81-314
Officers

Directors

Allen Green ______________ President
Allen Green
Edgar B. Rushing
Edgar B. Rushing _______Vice Pres.
Raymond Hecker W ayne Sanders
Mrs. Johnnie Mae Caldwell „ Cashier
Dwade Holleman
Mrs. Carolyn Freeman Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___ $ 287,992.72
Overdrafts ______________
131.34
U. S. Gov’t, obligations72,000.00
Other bonds & securities
57,967.20
Furniture and fixtures 2,000.00
Banking house _________
1,500.00
Cash & due from banks..
78,845.03
Other resources ________
2,567.67

Total




$ 503,003.96

Capital stock __________ $
Surplus f u n d ___________
Undivided p r o fits_______

25,000.00'
20,000.00
6,597.86

Total capital acct. ______

51,597.86

Demand deposits _______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________

260,784.75
103,927.73
4,711.50
81,850.87

Total deposits __________

451,274.85

Other liabilities ________

131.25

Total _________________$ 503,003.96

37

Forty-Eighth Report

TH E MERCHANTS AND PLANTERS BANK, CLARENDON
Population 2,293
Monroe County
Chartered July 23, 1890
Telephone No. 747-3319
Transit No. 81-164
Officers

Directors

W . W . B atem an___________ President
W . W . Bateman
John B. Moore, Jr.
M. L. D ick erso n
Exec. Vice Pres.
M. L. Dickerson
Ross Reynolds
and Cashier
Mrs. Lena P. Everett
Edward M. Griffith
Joe M cC ain ___________ Asst. Cashier
Mrs. Dorothy P a lm er-A sst. Cashier*
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,197,213.82
Overdrafts ______________
2,305.52
U. S. Gov’t, obligations112,483.50
Other bonds & securities
628,710.28
Furniture and fixtures „
13,150.00
Banking house _________
30,000.00
10,000.00
Other real estate _______
Cash & due from ban ks. 426,267.31
Other resources ________
1,200.00

Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
100,000.00
Undivided p r o fits_______
62,582.36
Reserves ________________
3,500.00
Total capital acct. _____

266,082.36

Demand deposits _______ 1,282,032.20
606,883.52
Time deposits __________
Public funds ___________
266,332.35
Total deposits __________ 2,155,248.07

Total _________________ $2,421,330.43

Total

$2,421,330.43

CLINTON STATE BANK, CLINTON
Population 744
Van Buren County
Chartered October 16, 1946
Telephone No. PI 5-3141
Transit No. 81-758
Officers

Directors

Howard Joh n son _________ President
Homer B r o w n ___________ Vice Pres.
Garner M. Joh nson _________ Cashier
Dois G. Johnson_______Asst. Cashier
Josephine Smith ____ Asst. Cashier

Homer Brown
Garner M. Johnson
Nobia F. Johnson
Howard Johnson

Roy Lefler
Arthur Lewis

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts __$1,266,192.37
U. S. Gov’t, obligations - 988,621.94
Other bonds & securities
439,356.61
Furniture and fixtures ..
9,000.00
Banking h ou se---------------3,000.00
Cash & due from banks..
751,314.56

Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
100,000.00
Undivided profits _____
101,076.92
Reserves ________________
50,000.00
Total capital acct. _____

351,076.92

Demand deposits _______ 2,051,737.45
Time deposits __________
824,919.45
U. S. Gov’t, deposits____
32,287.78
Public funds ___________
197,463.88
Total deposits __________ 3,106,408.56
Total




-$3,457,485.48

Total _________________ $3,457,485.48

38

State o f Arkansas: Bank Department

FIRST STATE BANK, CONW AY
Population 9,791
Faulkner County
Chartered Feb. 8, 1946 Telephone No. FAirview 9-5656 Transit No. 81-754
Officers
Thos. G. W ilson _________ President
J. R. O t t __________________ Vice Pres.
Rogers C. Moore V. Pres. & Cashier
Jane T h o m a s ______ Asst. Vice Pres.
Miloise A. Lyford .... Asst. Vice Pres.
George W . Cummings, Jr—Asst. Vice
Pres.
Nadean E v a t t _________ Asst. Cashier

Directors
Edward A. Halter J. R. Ott
W . D. Ketcheside Thos. G. W ilson
J. F. O’Kelley
Frank E. Robins, III

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts___ $4,969,695.06
Capital s t o c k ___________ $ 150,000.00
U. S. Gov’t, obligations.. 2,297,466.98
Surplus fund ___________
250,000.00
192,953.35
Undivided p r o fits_______
Other bonds & securities 2,635,668.35
Furniture and fixtures ..
70,110.82
Reserves ________________
96,000.00
Banking house _________
165,000.00
Total capital acct. _____
688,953.35
6,197.97
Other real estate________
Cash & due from banks.. 3,825,728.89
Demand deposits _______ 8,878,639.38
Other resources ________
1,946.13
Time deposits ---------------- 3,277,326.51
U. S. Gov’t, deposits____
715,974.75
408,018.62
Public funds ___________
Deposits of b a n k s_______
2,901.59
Total deposits __________ 13,282,860.85
Total

________________ $13,971,814.20

Total

$13,971,814.20

TH E CORNING BANK, CORNING
Population 2,192
Clay County
Chartered Jan. 29, 1931
Telephone No. UL 7-3261
Officers
Mrs. Sam L. M anatt_______President
F. B. Manatt ___________ Vice Pres.
Sam L. Manatt, Jr. _____ Vice Pres.
and Cashier
Jim V in s o n ___________ Asst. Cashier

Transit No. 81-211

Directors
Dr. Jack Q. Cash Sam L. Manatt, Jr.
Glen W . Cox
Jim Vinson
F. B. Manatt
O. L. W oods
Mrs. Sam L. Manatt

STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Capital s t o c k _______
Loans and discoun ts__ $2,258,551.62
Surplus fund _______
U. S. Gov’t, obligations.
306,000.00
Undivided profits ...
Other bonds & securities
756,478.08
Furniture and fixtures ..
16,671.79
Total capital acct. ...
Banking house _________
31,000.00
Other real estate _______
1.00
Demand deposits __
Cash & due from banks..
748,804.47
Time deposits ______
U. S. Gov’t, deposits
Public funds _______
Deposits of banks ...

100,000.00
100,000.00
136,637.19
336,637.19
2,478,678.73
948,031.85
15,228.06
282,833.41
56,097.72

Total deposits __________ 3,780,869.77
Total




$4,117,506.96

Total

$4,117,506.96

39

Forty-Eighth Report

BANK OF CROSSETT, CROSSETT
Population 5,370
Ashley County
Chartered Dec. 22, 1913 Telephone No. FOrest 4-4163 Transit No. 81-321
Officers
W m . C. N o rm a n ___________ President
J. B. Posey, J r .___________ Vice Pres.
A. F. Johnson __________ Vice Pres.
J. N. Lovett ________________ Cashier
C. E. H annum ____________ Treasurer
R. D. H a r p e r _______ Asst. Cashier
J. F. G r iffin __________ Asst. Cashier

Directors
J. C. Carpenter
W m . C. Norman
Roy Dooley
J. P. Posey, Jr.
J. T. Erwin
S. V. Shivonen
A. F. Johnson
P. F. Watzek
R. P. Meredith
S. A. W ilcoxon

STATEMENT OF
Resources
Loans and discounts___ $2,122,890.47
Overdrafts ______________
8.14
U. S. Gov’t, obligations- 4,626,778.89
Other bonds & securities 1,336,732.16
Furniture and fixtures..
37,246.17
Banking house _________
90,154.79
Cash & due from banks.. 1,624,484.25
Other resources ________
2,116.08

JUNE 30, 1962
Liabilities
Capital s t o c k _________ ....$ 200,000.00
Surplus fund _________ .... 400,000.00
Undivided p r o fits_____ ...
155,412.56
Reserves _____________ .....
34,320.88
Total capital a c c t.________ 789,733.44
Demand deposits ____ .... 4,953,284.81
Time deposits _______ - 2,872,998.76
U. S. Gov’t, deposits ... ... 497,973.14
Public funds _________ ....
627,377.48
Total deposits ________ ... 8,951,634.19
Other liabilities ______ ...

Total _________________ $9,840,410.95

99,043.32

Total _______________ -$9,840,410.95

DANVILLE STATE BANK, DANVILLE
Chartered Oct. 3,1930

Population 955
Yell County
Telephone No. HYatt 5-2236

Transit No. 81-700

Officers
Directors
John Ed C ham bers_______President
H. W . Burnham
Neil Sims ________________ Vice Pres.
J. E. Chambers
Jim Bill G a tlin ____________ Cashier
John Ed Chambers
Selma C. G a tlin ______ Asst. Cashier
Jim Bill Gatlin
Bobby Ramey ________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts__ $1,341,759.18
U. S. Gov’t, obligations..
397,752.65
Other bonds & securities
648,623.10
Furniture and fixtures ..
1,874.88
Banking house -------------33,817.96
Cash & due from banks..
453,053.96
Other resources _______
1,851.00

J. W . Hull
Joe Ray
Neil Sims

JUNE 30, 1962
Liabilities
Capital s to c k ___________ $ 100,000.00
Surplus f u n d ___________
100,000.00
Undivided p r o fits_______
83,183.64
Reserves ________________
16,000.00
Total capital acct. _____

299,183.64

Demand deposits _______ 1,264,555.60
Time deposits __________ 1,068,235.60
U. S. Gov’t, deposits____
6,357.21
Public funds ___________
240,400.68
Total deposits __________ 2,579,549.09

Total




$2,878,732.73

Total _________________ $2,878,732.73

40

State o f Arkansas: Bank Department

ARKANSAS V ALLEY BANK, DARDANELLE
Population 2,098
Y ell County
Chartered August 29, 1961
Telephone No. CA 9—4111
Officers

Transit No. 81-786

Directors

Harold S n y d e r ___________ President
Glenn Bailey
Carl J. Jaggers
Glenn B a ile y ________Vice President
Dr. G. S. Cornwell
Pat L e a ___________ Exec. Vice Pres. John P. Cowger Pat Lea
and Cashier A. B. Cox
Harold Snyder
Eugene Weatherall __ Asst. Cashier
Dr. Lew is A. W ebb
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___ $ 703,160.96
Overdrafts ______________
1,036.16
U. S. Gov’t, obligations..
150,317.34
Furniture and fixtures „
22,517.97
Cash & due from banks..
598,041.14

Capital s to c k ___________ $ 100,000.00
20,000.00
Surplus f u n d ___________
Undivided p r o fits_______
26,576.89
Total capital acct. ______

146,576.89

Demand deposits _______
Time deposits _________
U. S. Gov’t, d ep o sits___
Public f u n d s ___________
Deposits of b a n k s_______

779,415.20
299,139.12
116,786.69
106,681.21
16,020.00

Total d ep o sits__________ 1,318,042.22
Other lia b ilitie s________
Total _____ ____________$1,475,073.57

10,454.46

Total _________________ $1,475,073.57

BANK OF DARDANELLE, DARDANELLE
Population 2,098
Yell County
Chartered Sept. 12, 1934
Telephone No. CAstle 9-3228
Officers

Transit No. 81-599

Directors

Thos. V. J o n es____________ President
John L. H am ilton ________Vice Pres.
Robert L. Holland ________ Cashier

B. K. Berry
C. R. George
John L. Hamilton

Thos. V. Jones
H. M. Orsburn, Jr
J. C. Woodson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts__ $1,104,719.98
Overdrafts ______________
1,912.34
U. S. Gov’t, obligations..
700,717.75
Other bonds & securities
444,657.53
Furniture and fixtures ..
6,000.00
Banking h o u se __________
3,000.00
Cash & due from banks..
502,330.43
Other resources_________
2,291.07

Capital s t o c k ___________ $
50,000.00
Surplus f u n d ___________
50,000.00
Undivided p r o fits _______
165,167.55
Total capital acct________

265,167.55

Demand deposits _______ 1,128,887.58
Time deposits __________ 1,160,769.89
U. S. Gov’t, d ep o sits___
19,120.21
Public funds ___________
191,683.87
Total d ep o sits__________ 2,500,461.55

Total




$2,765,629.10

Total

$2,765,629.10

41

Forty-Eighth Report

DECATUR STATE BANK, DECATUR
Population 415
Benton County
Chartered May 27, 1954
Telephone No. 752-3281
Transit No. 81-775
Officers

Directors

Edgar T. P a r k e r _________ President
Lloyd E. Peterson _____ Vice Pres.
Charles L. Daves __________ Cashier
Jewell J o n e s _________ Asst. Cashier

C. Jimmie Carter Edgar T. Parker
Charles L. Daves Lloyd E. Peterson
C. Tom Edmiston
J. R. Kincaid
Dorothy M. Peterson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $ 598,439.31
Overdrafts ______________
29.97
U. S. Gov’t, obligations..
647,454.53
Other bonds & securities
130,317.90
Furniture and fixtures ..
6,400.00
Other real e sta te _______
12,000.00
Cash & due from banks.. 550,822.22
Other resources ________
1.00

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Reserves ________________
Total capital acct. _____

40,000.00
20,000.00
80,743.07
18,130.75
158,873.82

Demand deposits________ 1,432,404.19
Time deposits __________
227,579.16
64,889.55
U. S. Gov’t, deposits____
Public funds ___________
61,718.21
Total deposits __________ 1,786,591.11

Total _________________ $1,945,464.93

Total _________________ $1,945,464.93

BANK OF DELIGHT, DELIGHT
Population 446
Pike County
Chartered June 16, 1911 Telephone No. ESsex 9-4141
Officers

Transit No. 81-326

Directors

Cecil E. Johnson, Jr. ____ President
Olen H e n d r ix ___________ Vice Pres.
James L. Hart ______________ Cashier
Edna Johnson________ Asst. Cashier
Dorothy Parks _______ Asst. Cashier

Olen Hendrix
D. C. Humphry
Cecil E. Johnson, Jr.

Joe W . Reid

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$ 433,342.33
209.58
Overdrafts --------------------U. S. Gov’t, obligations248,265.63
Other bonds & securities
112,215.85
Furniture and fixtures ..
4,187.47
Banking house _________
2,892.17
Cash & due from banks..
232,768.11

Total ...




$1,033,881.14

Capital s t o c k ___________ $
Surplus f u n d ..........
Undivided p r o fits_______

25,000.00
35,000.00
48,726.74

Total capital acct. _____

108,726.74

Demand deposits _______
Time deposits __________
U. S. Gov’t, deposits------Public funds ___________

574,362.22
310,620.56
2,481.86
37,689.76

Total d ep o sits__________

925,154.40

Total

$1,033,881.14

42

State o f Arkansas: Bank Department

DERMOTT STATE BANK, DERMOTT
Population 3,665
Chicot County
Chartered July 8, 1935
Telephone No. FA 4-3266
Transit No. 81-720
Officers
John M. B a x ter___________ President
Clarence H o r to n _________ Vice Pres.
R. C. Thompson, Jr____ Vice Pres.
and Cashier
Mrs. Frances Spratlin „ Asst. Cashier

Directors
John Baxter
Dr. A. C. Brasel
John M. Baxter
R. H. Dennington
W . A. Baxter
Bernard Levi

STATEMENT
Resources
Loans and discounts___ $1,620,141.02
U. S. Gov’t obligations-.
841,814.57
Other bonds & securities
516,681.77
Furniture and fixtures „
2,145.95
75,080.00
Banking house _________
Cash & due from ban ks.
676,173.91
Other resources ________
4,342.68

JUNE 30, 1962
Liabilities
Capital s t o c k ___________ $ 100,000.00
Surplus f u n d ___________
100,000.00
Undivided p r o fits_______
125,995.90
Reserves ________________
39,313.56
Total capital a c c t._______

365,309.46

Demand deposits _______ 1,659,723.93
Time deposits __________ 1,357,626.82
U. S. Gov’t, deposits____
36,172.48
Public funds ___________
311,413.94
Total deposits __________ 3,364,937.17
Other liabilities ________

Total _________________$3,736,379.90

6,133.27

Total _________________ ..$3,736,379.90

FARMERS AND MERCHANTS BANK, DES ARC
Population 1,482
Prairie County
Chartered Jan. 20, 1902 Tele. No. CLearbrook 6-4191 Transit No. 81-233
Officers
Directors
Henry N ic h o ls ___________ President
L. R. Brown
Henry Nichols
L. R. B r o w n
Vice Pres. & Cashier
W . J. Caskey
S. R. Nichols
R. L. M o r to n _____ Asst. Vice Pres.
Elsie G a rth ___________ Asst. Cashier
STATEMENT OF
Resources
Loans and discoun ts___ $1,186,345.26
Overdrafts ______________
164.29
U. S. Gov’t, obligations ._ 527,362.50
Other bonds & securities
430,549.93
Furniture and fixtures ..
10,675.48
Banking house _________
1.00
Other real estate _______
7,443.26
Cash & due from banks..
347,279.61

JUNE 30. 1962
Liabilities
Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Reserves ________________

50,000.00
150,000.00
230,113.27
45,039.42

Total capital a c c t._______

475,152.69

Demand deposits _______ 1,085,017.36
Time deposits __________
596,915.08
U. S. Gov’t, deposits____
27,776.02
Public funds ___________
324,956.13
Total deposits __________ 2,034,664.59
Other liabilities ________

Total




$2,509,821.33

Total

4.05
$2,509,821.33

43

Forty-Eighth Report

D E W ITT BANK AND TRUST COMPANY, D E W IT T
Population 3,019
Arkansas County
Chartered March 1, 1929 Telephone No. WHitney 6-4161 Transit No. 81-245
Officers

Directors

R. H. M a d d o x ___________ President
A. A. Beverburg
Julian Brown
E. A. F ergu son ___________ Vice Pres.
Julian B r o w n _____________ Cashier
E. A. Ferguson
T. F. H u d so n _________ Asst. Cashier
J. L. Fly

G. W . Hall
R. H. Maddox
Jack Whitmore

STATEMENT OF JUNE 30, 1962
Liabilities

Resources
Loans and discounts___ $2,693,509.41
U. S. Gov’t, obligations ..
716,945.31
Other bonds & securities
933,257.51
Furniture and fixtures ..
1.00
Banking house _________
1.00
Other real e sta te _______
1.00
Cash & due from banks.. 2,153,141.41
1.00
Other resources ________

Capital s t o c k ________ .....$
Surplus fund _________ ...
Undivided profits ___.....
Reserves _____________ .....

150,000.00
300,000.00
171,641.92
177,094.99

Total capital acct. ...

798,736.91

...

Demand deposits ____ _ 4,104,744.23
Time d ep o sits_______ ..... 1,221,843.00
U. S. Gov’t, deposits ........
78,718.99
Public funds _________.....
292,814.51
Total deposits _______ ..... 5,698,120.73

Total _________________ $6,496,857.64

Total ______________ .....$6,496,857.64

BANK OF DOVER, DOVER
Population 525
Pope County
Chartered Sept. 29, 1905
Telephone No. AC 8-3481
Officers

Transit No. 81-329

Directors

John E. Moore ___________ President
David R. Bewley
T. C. Campbell _________ Vice Pres.
T. C. Campbell
W . M. W a lla c e ____________ Cashier
L. J. Churchill
C. L. P oy n ter_______ Asst. Cashier

S. F. McCain
John E. Moore
W . M. Wallace

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts __$
U. S. Gov’t, obligations ..
Other bonds & securities
Furniture and fixtures ..
Banking house -------------Cash & due from banks..
Other resources ________

Total




507,613.70
237,992.75
113,700.00
4,700.00
800.00
226,296.02
2,953.01

$1,094,055.48

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______

25,000.00
50,000.00
82,649.16

Total capital acct. _____

157,649.16

Demand d eposits__________
Time deposits __________
U. S. Gov’t, deposits ___
Public funds ___________
Deposits of b a n k s_______

634,109.76
245,124.36
6,010.06
41,162.14
10,000.00

Total d ep o sits__________

936,406.32

Total

$1,094,055.48

44

State o f Arkansas: Bank Department

MERCHANTS AND FARMERS BANK, DUMAS
Population 3,540
Chartered May 10, 1909
Telephone
Officers
R. A. A d c o c k ______________President
Claud T. F ran k____ Exec. Vice Pres.
Ernest C. Bradshaw _____ Cashier
Mrs. Pearl S. M o o r e __Asst. Cashier

Desha County
No. E V 2-4311
Transit No. 81-330
Directors
R. A. Adcock
Ray Maxwell
J. E. Allmon
Clifton L. Meador
Jack S. Dante
Joe Lee McKennon
Claud T. Frank
David Porter
Edgar C. Gannaway
Howard Holthoff O. L. Puryear
Lamar William son

STATEMENT OF JUNE 30, 1962
Liabilities
Resources
Capital s t o c k ______ ____ $ 200,000.00
Loans and discounts__ $3,210,107.42
779,314.87
Surplus fund ______ ____
200,000.00
U. S. Gov’t, obligations „
107,957.25
Undivided p r o fits______
Other bonds & securities
709,107.33
Reserves ........... ........ ._____ 233,840.03
Furniture and fixtures ..
18,564.85
Banking house _________
10,546.75
Total capital acct. - _____
741,797.28
Cash & due from banks.. 866,622.61
Other resources ________
9,056.85
Demand deposits ....____ 2,704,414.19
Time deposits .. . ..1,687,705.61
U. S. Gov’t, deposits ____
88,891.20
Public funds . .
380,512.40
Total deposits
T o t a l _________________ $5,603,320.68

___ ....... 4,861,523.40

Total ____________ ____ $5,603,320.68

EARLE STATE BANK, EARLE
Population 2,391
Chartered April 24, 1947
Telephone
Officers
M. E. B ir d ________________ President
J. E. B r o o k s______________Vice Pres.
W . M. W a t e r s ____________ Vice Pres.
Mrs. Mary F. F u llw o o d ____ Cashier
Mrs. Alene Davis ____ Asst. Cashier
Mrs. Wanda S. A rm stron g ____ Asst.
Cashier

Crittenden County
No. GL 6-2131
Transit No. 81-204
Directors
M. E. Bird
B. J. Wallace
C. L. Blanz, Jr.
W . M. Waters
B. G. Dickey, Jr.
J. W . Young, Jr.
L. S. Young
Everett Hood
Levy McCracken

STATEMENT OF
Resources
Loans and discoun ts__ $1,578,780.35
U. S. Gov’t, obligations ..
559,397.31
Other bonds & securities
493,032.43
Furniture and fixtures ..
33,434.91
Banking house _________
21,012.66
Cash & due from banks..
639,707.37
Other resources ________
490.74

JUNE 30. 1962
Liabilities
Capital s t o c k ___________ $ 120,000.00
Surplus fund ___________
120,000.00
Undivided p r o f i t s _____
133,933.40
Reserves ________________
20,653.23
Total capital a c c t ._____

394,586.63

Demand d e p o sits_______ 1,530,089.54
Time d e p o sits---------------652,143.13
U. S. Gov’t, d e p o sits___
22,811.50
Public funds ___________
726,224.97
Total d ep o sits__________ 2,931,269.14

Total




$3,325,855.77

Total ....

_________$3,325,855.77

45

Forty-Eighth Report

TH E DELTA STATE BANK, ELAINE
Population 898
Phillips County
Chartered Dec. 30, 1947 Telephone No. V Alley 7-2295 Transit No. 81-759
Officers
Directors
W m . D e m o r e t___________President
E. Clay Bumpers
W m . Demoret
Mary Louise D em oret
Exec. Vice
J. M. Countiss, Jr.
F. R. Watson
Pres.
Mary Louise Demoret
J. M. Countiss, J r . _______Vice Pres.
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___ $ 257,589.60
Capital s t o c k ___________ $
40,000.00
U. S. Gov’t, obligations _
133,000.00
Surplus fund ___________
60,000.00
Furniture and fixtures ..
3,818.62
Undivided profits _____
19,861.00
Cash & due from banks..
350,212.10
Reserves ________________
5,355.66
1,676.13
Other resources ________
Total capital a c c t ._____
125,216.66
Demand deposits _______
U. S. Gov’t, deposits____
Public f u n d s ___________

533,744.59
1,244.15
85,916.50

Total deposits __________

620,905.24

Other liabilities ________
T o t a l _________________ $ 746,296.45

Total _

174.55

.$ 746,296.45

THE EXCHANGE BANK AND TRUST COMPANY, EL DORADO
Population 25,292
Union County
Chartered August 12, 1933
Telephone No. UN 3-5107
Transit No. 81-668
Officers
Directors
Louis E. H u r le y __________ President
Bruce Anthony
D. R. James, Jr.
H. B. A x u m ______ Exec. Vice Pres.
H. B. Axum
T. M. Martin
J. C. C raighead___________ Vice Pres.
R. L. Aycock
R. E. Meinert
Claude B. C hu rch _________Vice Pres.
R. C. Bodenhamer
R. W . Newell
L. E. Hurley, Jr___ _______Vice Pres.
W . A. Dumas
E. E. Paxton
Robert H. Tinkle ____ Vice Pres &
W . H. Hanna
J. G. Wepfer
Cashier
Louis E. Hurley
Mary Lou In g ram ____ Asst. Cashier
Betty H en dricks_____ Asst. Cashier
James H. L u d w ig ____ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and d isco u n ts__$5,423,569.74
Capital s t o c k ___________ $ 200,000.00
U. S. Gov’t, obligations ..
991,249.29
Surplus fund ___________
300,000.00
Other bonds & securities 1,261,253.18
Undivided p r o f i t s _____
220,888.39
Furniture and fixtures _
25,840.16
Reserves ________________
212,216.79
Banking house _________
161,844.27
Total capital a c c t ._____
933,105.18
Cash & due from banks.. 2,009,007.97
Demand d e p o sits_______ 6,437,280.57
Time deposits __________ 2,058,836.46
U. S. Gov’t, deposits____
169,519.30
Public funds ___________
232,832.59
Deposits of b a n k s_______
41,190.51
Total d ep o sits__________ 8,939,659.43
Total




$9,872,764.61

Total ________________ ..$9,872,764.61

46

State o f Arkansas: Bank Department

BANK OF ELKINS, ELKINS
Population 250
Washington County
Chartered June 1, 1912
Telephone No. Milton 3-3511
Transit No. 81-506
Officers
J. E. Bunch — President & Cashier
Oscar M. W e s t ___________ Vice Pres.
Joel L. B u n c h _________ Asst. Cashier

Directors
Edyth L. Bunch
J. E. Bunch

Roe Stokenbury

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $ 542,157.00
U. S. Gov’t, obligations ..
396,055.30
Other bonds & securities
247,451.00
Furniture and fixtures ..
1.00
Banking house _________
1.00
Cash & due from banks..
290,755.50
Other resources _______
60.21

Liabilities
Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided profits _____
Reserves ________________

25,000.00
55,000.00
8,919.72
10,000.00

Total capital a c c t._______

98,919.72

Demand deposits _______
Time d e p o sits__________
U. S. Gov’t, deposits____
Public funds ___________

658,585.79
646,237.76
3,619.98
69,117.76

Total d e p o sits__________ 1,377,561.29
Total _________________ $1,476,481.01

Total ________________ ..$1,476,481.01

BANK OF ENGLAND, ENGLAND
Population 2,861
Lonoke County
Chartered August 23, 1898
Telephone No. VI 2-2011
Transit No. 81-213
Officers
Seth Boles, J r . ___________ President
B. F. M urch ison ------------Vice Pres.
H. P. Bell __________________ Cashier
Otha F r iz z e ll_________ Asst. Cashier

Directors
Seth Boles, Jr.
E. A. CarlLee

B. F. Murchison
Thos. O. Murchison

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,278,314.59
U. S. Gov’t, obligations „
7,000.00
Other bonds & securities
165,612.87
Furniture and fixtures _
20,454.80
Banking house _________
5,862.05
Other real e sta te________
1.00
Cash & due from banks..
914,455.47
Other resources ________
1.00

Capital s t o c k ___________ $
50,000.00
Surplus f u n d ___________
100,000.00
Undivided profits _____
134,361.11
Total capital acct............

284,361.11

Demand deposits _______ 1,513,394.22
Time deposits __________
380,141.22
Public funds ___________
146,943.57
Deposits of b a n k s_______
66,861.66
Total d ep o sits__________ 2,107,340.67

T otal ________________ $2,391,701.78



T otal

$2,391,701.78

47

Forty-Eighth Report

THE CITIZENS BANK, ENGLAND
Population 2,861
Lonoke County
Chartered Jan. 14, 1931
Telephone No. VI 2-4211
Transit No. 81-492
Officers

Directors

Ben B. M o r ris____________ President
Lois Rutherford ________ Vice Pres.
J. Otis D u P re e______________ Cashier
Carroll C. Leonard, Jr., Asst. Cashier

W . C. Cunning
Ben B. Morris
Lois Rutherford

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$ 875,674.63
Overdrafts ______________
47.59
U. S. Gov’t, obligations .. 1,280,859.75
Other bonds & securities
119,750.00
Furniture and fixtures ..
1.00
Banking house _________
1.00
Cash & due from banks..
734,249.09

Capital s t o c k ___________ $
60,000.00
Surplus fund ___________
90,000.00
Undivided p ro fits____________________ 189,494.4
Reserves ________________
50,000.00
Total capital acct________

389,494.41

Demand deposits _______ 1,725,352.90
694,805.04
Time deposits __________
U. S. Gov’t, deposits__________________ 19,537.52
181,393.19
Public funds ___________
Total deposits __________ 2,621,088.65

Total _________________ $3,010,583.06

Total ________________ ..$3,010,583.06

TH E EUDORA BANK, EUDORA
Population 3,598
Chicot County
Chartered Dec. 23, 1930 Tele. No. ELmwood 5-4416 Transit No. 81-334
Officers

Directors

C. J. Griffith, J r . _______ President
Sam Bowman
C. J. Griffith, Jr.
Ralph Scott ____________ Vice Pres.
W . R. J o n e s______ Exec. Vice Pres.
W . K. Grubbs
and Cashier
Evelyn Lilly _________ Asst. Cashier
Mary G. T h a c h _________ Asst. Cashier
Susie G a te s_____________Asst. Cashier

W . R. Jones
Ralph Scott
R. T. Stephenson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts — $1,708,362.48
Overdrafts ______________
41.09
U. S. Gov’t, obligations ..
197,390.62
Other bonds & securities
584,180.65
Furniture and fixtures ..
16,346.39
Banking h ou se__________
67,609.59
Cash & due from banks..
472,198.96
Other resources ________
1,268.34

Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
150,000.00
Undivided profits _____
96,043.40
Reserves ________________
82,042.08
Total capital acct. _____

428,085.48

Demand deposits _______ 1,209,819.58
Time deposits __________
898,373.95
U. S. Gov’t, deposits____
20,496.78
Public funds ___________
490,622.33
Total d ep o sits__________ 2,619,312.64

T otal



$3,047,398.12

T otal

.$3,047,398.12

48

State o f Arkansas: Bank Department

BANK OF EUREKA SPRINGS, EUREKA SPRINGS
Population 1,437
Carroll County
Chartered May 4, 1912
Telephone No. CL 3-3441
Transit No. 81-472
Officers

Directors

C. A. F u lle r _____________ President
L. R. F lo r a _______________ Vice Pres.
John F. C r o s s _______________ Cashier

J. M. Bullock
John F. Cross
C. A. Fuller

Richard Thompson
Neal W alters

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $
Overdrafts ______________
U. S. Gov’t, obligations ..
Other bonds & securities
Furniture and fixtures ..
Banking h o u s e ___
Other real estate _______
Cash & due from banks..
Other resources ________

Liabilities
597,934.53
2,142.74
520,196.15
200,331.60
1,749.59
2,000.00
12,172.74
312,158.52
1,240.65

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______

50,000.00
55,000.00
58,548.13

Total capital a c c t ._____

163,548.13

Demand d e p o sits_______
Time d e p o sits__________
U. S. Gov’t, deposits------Public f u n d s ___________

867,190.91
485,808.80
9,381.91
123,996.77

Total d ep o sits__________ 1,486,378.39
Total _________________ $1,649,926.52

Total _________________ $1,649,926.52

BANK OF EVENING SHADE, EVENING SHADE
Population 232
Sharp County
Chartered Feb. 5, 1901
Telephone No. 2661
Transit No. 81-336
Officers
J. O. L a m a n _______________ President
J. B. M e tc a lf______________Vice Pres.
E. B. M etcalf________________ Cashier

Directors
J. O. Laman
E. B. Metcalf
J. B. Metcalf

STATEMENT OF JUNE 30, 1962
Resources
Loans and discoun ts___ $
65,157.24
U. S. Gov’t, obligations ..
256,000.00
Furniture and fixtures ..
1.00
Banking house _________
1.00
Cash & due from banks..
104,568.06

Liabilities
Capital s t o c k ------------------$
Surplus f u n d -----------------Undivided p r o f i t s _____

10,000.00
30,000.00
23,443.00

Total capital acct.............

63,443.00

Demand deposits _______
346,542.97
Public f u n d s ________________15,741.33
Total d e p o sits__________

T otal

_____________ $ 425,727.30




362,284.30

T otal ________________ $ 425,727.30

Forty-Eighth Report

49

McILROY BANK, FAYETTEVILLE
Population 21,404
Washington County
Chartered Dec. 24,1892 Telephone No. Hlllcrest 2-5351 Transit No. 81-336
Directors
Officers
L. L. Baxter
Henry B. Shreve
Clifton W a d e ---------- Chm. of Board
Clarence B. Davis W ilm er C. Smith
Clarence B. Davis _______ President
Ralph Goff, Jr.
Carl Tune
J. B. M cConnell_______Sr. Vice Pres.
John E. Kane
Clifton Wade
W ilm er C. S m ith __Exec. Vice Pres.
James D. Mashburn Hugh W illiam s
Trust Officer and Sec.
J. B. McConnell
Paul Young, Jr.
J. M. Jackm an_____ Asst. Vice Pres.
Hayden Mcllroy, Jr.
Thomas H. M athias__________ Auditor
W . C. Whitfield, Jr.
Norma M o se le y ____ Asst. Secretary
Zelma F a r m e r ________Asst. Cashier
Betty C la r k ____________Asst. Cashier
Hayden Mcllroy, J r .__Asst. Cashier
James E. H a r r is _____ Asst. Cashier
W esley L. Burkett____ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Capital s t o c k __________ $
100,000.00
Loans and discounts__$ 5,481,453.05
Surplus fund __________
400,000.00
Overdrafts ____________
1,871.46
Undivided profits ____
158,240.22
U. S. Gov’t, obligations _ 2,409,997.63
466,204.02
Reserves _______________
Other bonds & securities 2,549,262.52
Furniture and fixtures.
16,203.57
Total capital acct. ____ 1,124,444.24
Banking house ________
127,000.00
5,644,678.77
Demand deposits _____
Cash & due from banks 3,596,805.60
Time deposits _________ 3,444,455.51
Other resources________
4,755.95
405,719.03
U. S. Gov’t, deposits __
Public funds __________
2,765,327.73
Deposits of banks ____
802,724.50
Total deposits _________ 13,062,905.54
Total

.$14,187,349.78

Total ________________ $14,187,349.78

FORDYCE BANK AND TRUST COMPANY, FORDYCE
Population 3,890
Dallas County
Chartered January 5,1931
Telephone No. 352-3107
Transit No. 81-127
Officers
Directors
E. C. B e n to n ______________President
E. C. Benton
Robert D. Ross
B. A. M a y h e w ___________ Vice Pres.
W . R. Benton, Jr. Jesse G. Shaddock
W . R. Benton, J r .________ Vice Pres.
H. E. Dedman
W . D. Stell
J. W . Hearnsberger_______ Cashier
J. H. Everett
L. Weem s Trussell
Mrs. M. S. Sm ith ________ Asst. Cashier E. C. Gates
Mrs. K. J. G raves_______ Asst. Cashier J. W . Hearnsberger
Marlon P ierc e___________Asst. Cashier B. A. Mayhew
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___ $1,010,433.18
Capital s to c k ___________ $ 100,000.00
Overdrafts ______________
537.06
Surplus f u n d ___________
150,000.00
U. S. Gov’t, obligations .. 1,085,491.25
Undivided profits _____
174,425.24
Other bonds & securities
878,095.36
Reserves ________________
3,114.35
Furniture and fixtures ..
2,320.79
Total
capital
acct.
_____
427,539.59
Banking house _________
10,000.00
Cash & due from banks..
851,834.58
Demand deposits _______ 1,892,200.15
Time deposits __________ 1,318,170.69
U. S. Gov’t, deposits____
28,695.08
Public funds ___________
172,106.71
Total d ep o sits__________ 3,411,172.63
Total




$3,838,712.22

Total ________________ ..$3,838,712.22

50

State o f Arkansas: Bank Department

PLANTERS BANK AND TRUST COMPANY, FORREST CITY
Population 10,544
St. Francis County
Chartered April 5, 1921
Telephone No. ME 3-2833
Transit No. 81-143
Officers

Directors

H. H. C o o p er-----------------------President E. B. Belshe
J. B. Fletcher ----------------- Vice Pres.
R. C. Berry
C. C. Moore ----------------------- Cashier H. H. Cooper
Diana S. Arwood -------Asst. Cashier Geo. W . Dickey
Dione K. H enderson__Asst. Cashier J. B. Fletcher
Elizabeth B. Moore __Asst. Cashier
C. N. Haven

Henry T. Haven
L. F. Haven, Jr.
C. C. Moore
Mrs. E. B. Robinson
Sam Sharpe
R. R. Wilkerson
James F. W olfe

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $2,869,215.50
Overdrafts ______________
478.50
U. S. Gov’t, obligations .. 427,178.50
Other bonds & securities 2,660,088.13
Furniture and fixtures ..
23,153.70
Banking house _________
40,700.00
85,000.00
Other real estate _______
Cash & due from banks.. 1,356,846.27
Other resources ________
11,146.14

Liabilities
Capital s t o c k ___________ $ 300,000.00
Surplus fund ___________
200,000.00
Undivided p r o fits_______
129,898.54
Reserves __________________
25,220.15
Total capital a c c t._______

655,118.69

Demand deposits _______ 3,485,838.99
Time deposits _________ 2,079,137.67
U. S. Gov’t, deposits____
149,301.27
Public funds ___________ 1,004,410.12
Deposits of banks ______
100,000.00
Total deposits __________ 6,818,688.05

Total _________________ $7,473,806.74

Total _________________ $7,473,806.74

THE BANK OF FRANKLIN, FRANKLIN
Population 75
Chartered June 13, 1905

Izard County
Transit No. 81-338

Officers

Directors

Olen Barnes ______________ President
J. E. Godwin ___________ Vice Pres.
Mrs. Tommie Billingsley __ Cashier

Olen Barnes
Tressie Combs

J. E. Godwin
W . G. W iley

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts__ $ 130,210.41
Overdrafts ____________
152.26
U. S. Gov’t, obligations ..
128,700.00
Other bonds & securities
5,000.00
Furniture and fixtures _
622.00
Banking house _________
1.00
Other real estate _______
2,400.00
Cash & due from banks..
59,588.21

T otal ____

___ $ 326,673.88




Liabilities
Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided profits _____
Reserves _____________ !__

10,000.00
15,000.00
26,284.25
3,000.00

Total capital acct. _____

54,284.25

Demand deposits _______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________

201,742.62
26,722.83
3,993.34
39,930.84

Total d e p o sits__________

272,389.63

T otal

$ 326,673.88

Forty-Eighth Report

51

BANK OF GLENWOOD, GLENWOOD
Population 840
Pike County
Chartered Dec. 27, 1912
Telephone No. EL 6-2181
Officers

Transit No. 81-343

Directors

John Golden ______________ President
R. W . B rakefield_________ Vice Pres.
H. H. D u k e __________________ Cashier
Doris H utchings_______Asst. Cashier

R. W . Brakefield
C. R. Cantrell
H. H. Duke
John Golden

Homer Ligon
Ira C. W est

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts___ $ 862,567.17
Overdrafts ______________
719.69
U. S. Gov’t. obligations „
681,800.00
Other bonds & securities
10,000.00
Furniture and fixtures ..
1.00
1.00
Banking house _________
Cash & due from banks872,182.06
Other resources ________
1.00

Capital s t o c k ________ _ $ 50,000.00
Surplus f u n d _________ _
50,000.00
Undivided profits ___ _
111,862.32
Reserves ______________
5,864.20
Total capital acct. ___ _

217,726.52

Demand deposits ____ _
Time deposits ________ _
U. S. Gov’t, deposits ..
Public funds _________ _

1,179,994.27
945,121.10
262.50
84,167.53

Total deposits ________ — 2,209,545.40
Total _________________ $2,427,271.92

Total _______________ — $2,427,271.92

BANK OF GRAVETT, GRAVETTE
Population 855
Benton County
Chartered Feb. 28, 1898
Telephone No. ST 7-3401
Transit No. 81-269
Officers
J. T. Edmondson, Jr. ____ President
John R. M eade___________ Vice Pres.
Stokes B a lla rd ______________ Cashier
Eva B allard___________ Asst. Cashier

Directors
Stokes Ballard
C. E. McAllister
Phillip Chastain
John R. Meade
J. T. Edmondson, Jr. Philo Rodgers
Allen McAllister

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts___ $1,176,240.48
939.55
Overdrafts ______________
U. S. Gov’t, obligations „
912,257.45
Other bonds & securities
338,622.47
Furniture and fixtures _
17,043.18
Banking house _________
21,941.88
Other real estate _______
1.00
Cash & due from banks..
448,220.42
Other resources ________
619.36

Capital s t o c k _________ -_$ 50,000.00
Surplus fund __________ _
50,000.00
Undivided profits ____ ... 212,884.00
Total capital acct. ____

312,884.00

Demand deposits _____ _ 1,807,899.63
Time deposits _________ ... 682,093.16
U. S. Gov’t, deposits___
4,641.10
Public funds __________ ..
108,367.90
Total d ep o sits_________ ... 2,603,001.79

T otal ________________ $2,915,885.79



Total ________________ ...$2,915,885.79

52

State o f Arkansas: Bank Department

FARMERS BANK, GREENWOOD
Population 1,558
Sebastian County
Chartered August 7, 1907
Telephone No. 3231
Transit No. 81-226
Officers

Directors

Means W ilk in so n _________ President
Charles O. Bell
W . H. L e w is _____________ Vice Pres.
W . H. Lewis
W . H. Wolverton _______ Vice Pres.
Betty Wilkinson
and Cashier
Mattie W a r d __________ Asst. Cashier

Means Wilkinson
W . H. Wolverton

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts__ $
Overdrafts ____________
U. S. Gov’t, obligations ..
Other bonds & securities
Furniture and fixtures ..
Banking house _________
Cash & due from banks-

Liabilities
781,236.27
1,405.20
559,910.00
544,195.30
8,865.00
12,635.00
619,725.29

Capital s t o c k ___________ $ 100,000.00
100,000.00
Surplus fund ___________
Undivided profits _____
33,039.30
Total capital acct. ____

233,039.30

Demand deposits _______ 1,146,754.97
Time deposits __________
914,500.25
U. S. Gov’t, d ep o sits___
24,000.00
Public funds ___________
209,677.54
Total deposits ________ 2,294,932.76

Total _________________ $2,527,972.06

Total _________________ $2,527,972.06

TH E FIRST BANK, GRIFFITHVILLE
Population 172
W hite County
Chartered Nov. 6, 1905
Telephone No. PI 2-5256
Officers

Transit No. 81-347

Directors

James A. Neaville, S r .____ President
James A. Neaville, Jr_____Vice Pres.
John B. N ea v ille_________ Vice Pres.
and Cashier
George F. K e y ________Asst. Cashier

James A. Neaville, Sr.
James A. Neaville, Jr.
John B. Neaville
Lucille A. Neaville

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $ 178,549.36
U. S. Gov’t, obligations „
135,000.00
Furniture and fixtures ..
600.00
Banking house -------------1.00
Cash & due from banks131,227.78

T otal ________________ $ 445,378.14



Liabilities
Capital s t o c k ------------------$
Surplus fund ___________
Undivided p r o fits_______

25,000.00
5,000.00
10,281.24

Total capital acct. _____

40,281.24

Demand deposits _______
U. S. Gov’t, deposits____
Public funds ___________

354,722.51
350.00
50,011.84

Total deposits __________

405,084.35

Other liabilities ________

12.55

T otal

.$ 445,378.14

53

F o r ty -E ig h th R e p o r t

CLARK COUNTY BANK, GURDON
Population 2,166
Clark County
Chartered Aug. 4, 1900
Telephone No. FL 3-4414
Transit No. 81-349
Officers

Directors

F. H. Rudolph __________ President
E. H. Frizzell ___________ Vice Pres.
Richard E. D a vid son _____ Cashier
E.
Mrs. Lewelyn Edwards Asst. Cashier

Earl Clark
Richard E. Davidson
H. Frizzell
Dick Jackson

J. E. McMillan
Earl Ross
F. H. Rudolph
P. M. Rudolph

STATEMENT OF JUNE 30, 1962
Liabilities

Resources
Loans and discounts — $
Overdrafts ______________
U. S. Gov’t, obligations _
Other bonds & securities
Furniture and fixtures „
Other real estate _______
Cash & due from banks..
Other resources ________

438,552.79
10.33
436,938.12
433,754.31
1.00
5,790.88
305,090.44
2.00

Capital s t o c k ___________ $ 50,000.00
Surplus fund ___________
75,000.00
Undivided p r o fits_______
75,914.89
Reserves ___________________
1,456.49
Total capital acct. _____

202,371.38

Demand deposits _______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________

588,381.67
723,095.71
4,079.99
102,211.12

Total deposits __________ 1,417,768.49
Total _________________ $1,620,139.87

,620,139.87

Total

FARMERS BANK, HAMBURG
Population 2,904
Ashley County
Chartered March 10,1941
Telephone No. ID 3-5222
Transit No. 81-181
Officers

Directors

S. A. W ilcoxon, S r ._____ President
Louie G. Foote
Murphy Jones
V. W . W a lk e r __________ Vice Pres.
W . E. Foote
Carl W . Locke
W . E. Foote, Jr.
V. W . Walker
Louie G. F o o te ____________ Cashier
Leroy Higginbotham, Sr.
S. A. W ilcoxon, Sr.
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $1,316,639.72
330,034.37
U. S. Gov’t, obligations _
407,597.64
Other bonds & securities
17,659.19
Furniture and fixtures ~
48,726.77
Banking house -------------599,221.22
Cash & due from banks.

50,000.00
Capital s t o c k ___________ $
Surplus fund ___________
100,000.00
Undivided profits _____
106,176.12
Reserves ________________
18,043.56
Total capital acct. _____

274,219.68

Demand deposits _______ 1,108,164.28
Time deposits __________ 1,107,076.01
U. S. Gov’t, deposits____
4,596.04
Public funds ___________
225,822.90
Total d ep o sits__________ 2,445,659.23
Total




$2,719,878.91

Total _________________ $2,719,878.91

54

State o f Arkansas: Bank Department

CALHOUN COUNTY BANK, HAMPTON
Population 1,011
Calhoun County
Chartered Oct. 26, 1906
Telephone No. SW 8-2330
Transit No. 81-353
Officers

Directors

Searcy H a r r e ll___________ President
Hubert J. Brown
Len H a r r e ll--------------------- Vice Pres.
Fay Harrell
Mary H. Joh nston------------- Cashier
Len Harrell
Hazel B. S m ith _______Asst. Cashier
Searcy Harrell

E. C. Johnston
I. C. Strickland
A. G. Tomlinson

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discoun ts___ $ 604,198.15
U. S. Gov’t obligations
471,987.78
Other bonds & securities
471,512.73
Furniture and fixtures 500.00
4,000.00
Banking house _________
Cash & due from banks..
277,922.22

Capital s t o c k ___________ $
50,000.00
Surplus fund ___________
100,000.00
Undivided profits _____
71,120.88
Total capital acct. _______

221,120.88

Demand deposits ________
Time deposits ____________
U. S. Gov’t, deposits —
Public funds _____________

883,282.78
529,827.77
18,520.12
177,369.33

Total d ep o sits__________ 1,609,000.00
Total _________________ $1,830,120.88

Total _________________ $1,830,120.88

THE BANK OF HARRISBURG, HARRISBURG
Population 1,481
Poinsett County
Chartered Dec. 2, 1930
Telephone No. PL 7-5427
Transit No. 81-693
Officers

Directors

R. W . B u tle r ______________President
C. B. W o o d _______________ Vice Pres.
H. S. S m ith ________Exec. Vice Pres.
and Cashier
Ida J. B ettis___________ Asst. Cashier
James W illia m s _______Asst. Cashier

A. M. Butler
R. W . Butler
John Gant

J. P. Hubbard
C. B. W ood

STATEMENT OF JUNE 30. 1962
Liabilities

Resources
Loans and discoun ts___ $1,760,965.41
Overdrafts ______________
8,709.76
U. S. Gov’t, obligations ..
401,150.00
Other bonds & securities
354,206.24
Furniture and fixtures ..
13,785.66
Banking house _________
10,660.00
Other real estate _______
2,430.03
Cash & due from banks..
522,709.18
Other resources ________
248.60

50,000.00
Capital s t o c k ___________ $
Surplus f u n d ___________
100,000.00
Undivided profits _____
107,013.63
Reserves ---------------------------12,221.41
Total capital acct. _____

269,235.04

Demand deposits _______ 1,567,015.44
Time deposits __________ 1,078,654.44
U. S. Gov’t, deposits____
26,504.30
Public funds ___________
133,455.66
Total deposits __________ 2,805,629.84

T otal



$3,074,864.88

T otal

$3,074,864.88

F o r ty -E ig h th R e p o r t

oo

COMMERCIAL BANK, HARRISON
Population 6,580
Boone County
Chartered July 7, 1944 Telephone No. EMpire 5-2355 Transit No. 81-746
Officers
Rabie Rhodes ____________ President
H. D. D ix o n _______Exec. Vice Pres.
and Cashier
H. W . T a y lo r _________ Asst. Cashier
Mrs. C. N. K e n t _______Asst. Cashier

Directors
H. D. Dixon
Joe Miller
Joe V. Hickman
Dr. D. L. Owens
Verl Hudspeth
Rabie Rhodes
C. N. Kent, Sr.

STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Capital s t o c k ___________ $ 200,000.00
Loans and discounts___ $3,064,082.61
Surplus fund ___________
200,000.00
U. S. Gov’t, obligations „ 1,166,725.64
Undivided profits _____
153,137.99
Other bonds & securities
889,113.97
47,892.90
Reserves ________________
Furniture and fixtures ..
15,603.16
500.00
Other real estate _______
Total
capital
acct.
_____
601,030.89
Cash & due from banks.. 1,153,580.23
Other resources ________
2,797.47
Demand deposits _______ 2,669,528.32
Time deposits __________ 2,465,959.35
U. S. Gov’t, deposits____
89,256.99
Public funds ___________
367,353.73
Deposits of b a n k s_______
86,688.84
Total deposits __________ 5,678,787.23
Other liabilities ________
Total _________________ $6,292,403.08

12,584.96

Total _________________ $6,292,403.08

THE SECURITY BANK, HARRISON
Population 6,580
Boone County
Chartered Nov. 20, 1931 Telephone No. EMpire 5-8201 Transit No. 81-704
Officers
Directors
Roy L. Baker, J r ._________ President
Roy L. Baker
L. E. Durand
E. R. Tims ________Exec. Vice Pres.
Roy L. Baker, Jr.
Garvin Fitton
and Cashier
C. W . Bonsteel
David Heuer
Jim T i l le y ____________ Asst. Cashier
W m . W . Christeson
W . O. Newton
Bill O. W a t t s _________ Asst. Cashier
E. R. Tims
Phil Travis _________________ Auditor
STATEMENT OF
Resources
Loans and discounts___ $4,770,788.00
Overdrafts ______________
7,121.24
U. S. Gov’t obligations .. 2,128,200.10
Other bonds & securities 2,112,857.13
Furniture and fixtures _
27,597.30
Banking house -------------143,727.05
Other real estate _______
2,424.72
Cash & due from banks.. 1,726,902.74
Other resources _______
14,353.85

JUNE 30. 1962
Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided profits ____
Reserves _______________

250,000.00
325,000.00
236,583.90
91,093.26

Total capital acct. ____

902,677.16

Demand deposits _____
Time deposits _________
U. S. Gov’t, deposits___
Public funds __________
Deposits of banks ____

4,863,702.46
4,621,533.64
141,980.22
290,899.46
113,179.19

Total deposits _________ 10,031,294.97
Total




$10,933,972.13

Total ________________ $10,933,972.13

56

State o f Arkansas: Bank Department

PRAIRIE COUNTY BANK, HAZEN
Population 1,456
Prairie County
Chartered July 17, 1945
Telephone No. 2511
Transit No. 81-750
Officers

Directors

J. J. Screeton______________President
R. C. Hartlieb ___________ Vice Pres.
James E. S p a rk s_________ Vice Pres.
and Cashier
Grace O. Stallings____ Asst. Cashier

Eagle Boyd, Jr.
J. J. Screeton
R. C. Hartlieb
James E. Sparks
Mrs. H. B. Robinson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___ $1,198,758.67
Overdrafts _______________
3,536.01
U. S. Gov’t, obligations _
662,422.25
Other bonds & securities
182,190.17
Furniture and fixtures ..
15,786.86
17,675.97
Banking house _________
Cash & due from banks..
426,554.96
Other resources ________
966.83

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Total capital acct. ______

75,000.00
50,000.00
95,070.31
220,070.31

Demand deposits _______ 1,077,565.89
696,131.29
Time deposits __________
U. S. Gov’t, deposits __
17,618.11
Public funds ___________
496,506.12
Total deposits _________ 2,287,821.41

$2,507,891.72

Total

Total

$2,507,891.72

THE CLEBURNE COUNTY BANK, HEBER SPRINGS
Population 2,265
Cleburne County
Chartered Dec. 16, 1930
Telephone No. 2-2643
Transit No. 81-175
Officers

Directors

W iley H. R ob b in s___________President
W alter Aldridge
Jerome Johnson __ Exec. Vice Pres.
E. A. Jenkerson
W alter Aldridge ___________ Cashier
Jerome Johnson
Sam M o rto n ___________ Asst. Cashier
Bruce M. Robbins
Awin Hazelwood ____ Asst. Cashier

Joe N. Robbins
L. E. Robbins
W . E. Robbins
W . H. Robbins

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts__ $1,024,868.23
Overdrafts ______________
1,752.00
U. S. Gov’t, obligations ..
915,153.13
Other bonds & securities 353,199.31
Furniture and fixtures..
16,500.00
Banking house -------------17,500.00
Other real estate ---------6,000.00
Cash & due from banks..
679,960.75
Other resources ________
2,619.43

60,000.00
Capital s t o c k ___________ $
Surplus fund --------------------60,000.00
Undivided profits _____
132,214.26
Reserves ---------------------------20,983.65
Total capital acct. _____

273,197.91

Demand deposits _______ 1,678,061.21
Time deposits __________
931,246.71
U. S. Gov’t, deposits____
24,112.39
Public funds ___________
110,934.63
Total deposits __________ 2,744,354.94

T otal



$3,017,552.85

T otal

$3,017,552.85

57

Forty-Eighth Report

GUARANTY LOAN AND TRUST COMPANY, HELENA
(not engaged in commercial banking)
Population 11,500
Phillips County
Chartered Feb. 9, 1910 Telephone No. Hickory 4-3032 Transit No. 81-64

Officers

Directors

Dewey Moore ____________ President
S. H. Hurst
H. G. Stephens, Jr........ ...... Vice Pres.
C. E. Mayer
C. L. McKelvy .. Secretary-Treasurer
H. J. McCarty

D. Moore
W . L. Morris
H. G. Stephens, Jr.

STATEMENT OF JUNE 30, 1962

Resources

Liabilities

Loans and discounts___$ 122,577.61
U. S. Gov’t, obligations ..
1,500.00
Other bonds & securities
14,000.00
Furniture and fixtures _
2,675.00
Cash & due from banks..
20,149.80
Other resources ________
4,781.00

Total _________________ $ 165,683.41

Capital s t o c k __________ $
Surplus fund ___________
Undivided profits _____

50,000.00
30,000.00
20,609.11

Total capital acct. _____

100,609.11

Trust d ep o sits__________
Other liabilities ________

62,511.78
2,562.52

Total ________________ .$ 165,683.41

V A LLEY BANK, HINDSVILLE
Population 250
Madison County
Chartered Nov. 8, 1907 Telephone No. STerling 9-2411 Transit No. 81-362

Officers

Directors

Adry G a sk ill--------------------- President
W m . B. Bunch James R. Hargis
C. F. Fitch, Jr. __________ Vice Pres.
C. F. Fitch, Jr. Tom Hargis
Lloyd A. Linebarger______ Cashier
Adry Gaskill
Lloyd A. Linebarger
STATEMENT OF JUNE 30, 1962

Resources

Liabilities

Loans and discounts__ $ 149,903.26
Overdrafts --------------------2,109.28
U. S. Gov’t, obligations ..
84,978.00
Other bonds & securities
11,930.00
Furniture and fixtures ..
899.47
1,359.39
Banking house _________
Cash & due from ban k s.
176,641.79

Capital s t o c k ___________ $
10,000.00
Surplus fund ___________
10,000.00
Undivided profits ________
8,821.03
Reserves ___________________
9,000.00
Total capital acct. _____

37,821.03

Demand deposits _______
Public funds ___________
Time deposits ____________

218,144.68
15,000.00
156,855.48

Total deposits __________

Total



$ 427,821.19

T otal

390,000.16

$ 427,821.19

58

State of Arkansas: Bank Department

BANK OF HOLLY GROVE, HOLLY GROVE
Population 672
Monroe County
Chartered March 12, 1903
Telephone No. 2681
Transit No. 81-275
Officers

Directors

J. I. Matthews __________ President John S. Calloway John B. Moore, Jr.
Jack Phillips ____________Vice Pres.
B. J. Lambert
M. P. Walls
and Cashier J. I. Matthews
O. M. Washington
Margaret J. M ack____ Asst. Cashier R. H. Mayo
Renfro Webster
Elizabeth C. R e id ____ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $
U. S. Gov’t, obligations ..
Other bonds & securities
Furniture and fixtures ..
Banking house ________
Cash & due from banks -

913,087.08
437,443.75
219,037.04
1.00
15,000.00
399,391.20

Capital sto ck ___________$ 60,000.00
Surplus fund ___________ 120,000.00
Undivided profits _____
90,656.58
Total capital acct. _____

270,656.58

Demand deposits ______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________
Deposits of banks______

861,755.69
633,250.23
1,250.00
187,047.57
30,000.00

Total deposits _________
Total ________________ $1,983,960.07

1,713,303.49

Total ________________ $1,983,960.07

HORATIO STATE BANK, HORATIO
Population 722
Sevier County
Chartered May 15, 1905
Telephone No. VE 2-2501
Officers

Transit No. 81-342

Directors

C. E. Hendrix____________President J. E. Baugh
Edith Ann Hendrix
Lilia S. Hendrix_________Vice Pres. F. R. Ethridge
Lilia S. Hendrix
Flynn Justus____________ Vice Pres.
Dr. Rodger Dickinson
Edith Ann Hendrix_______ Cashier C. E. Hendrix
Flynn Justus
Fred Sharp
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts _ $1,075,946.68
U. S. Gov’t, obligations
502,354.40
Other bonds & securities 424,442.60
Furniture and fixtures ..
1 1 ,000.00
Banking house ________
3,750.00
Cash & due from banks. 613,099.24

Capital sto ck ___________$ 50,000.00
Surplus fu n d ___________ 100,000.00
Undivided profits _____
59,983.95
Total capital acct...... ......

209,983.95

Demand deposits ______ 1,648,712.85
Time deposits __________ 613,348.47
Public funds ___________ 158,263.98
Total deposits __________ 2,420,325.30
Other liabilities _______

Total



$2,630,592.92

Total

283.67
$2,630,592.92

59

Forty-Eighth Report

ARKANSAS BANK AND TRUST COMPANY, HOT SPRINGS
Population 28,337
Garland County
Chartered A pril 18, 1907
Telephone No. NA 4-4611
Transit No. 81-51
Officers

Directors

Cecil W . Cupp____________President
Norton Meek______ Exec. Vice Pres.
Ray Cash __ _____________Vice Pres.
Eric W a d e _______________ Vice Pres.
E. M. T hrash____________Vice Pres.
R. E. Jones___Vice Pres. & Cashier
H. G. Gasbarre____ Asst. Vice Pres.
F. L. Baldwin__________Asst. Cashier
J. 0 . Brown _________ Asst. Cashier
Eldon Sprague_________Asst. Cashier
J. L. Jones __________ Asst. Cashier
Marie Schnebelen____ Asst. Cashier
and Trust Officer
Palmer Vanderburg _____ Auditor
Charles L. Fager, Jr. __ Asst. Trust
Officer

J. W . Chesnutt
Norton Meek
Cecil W . Cupp
Carl E. Miles
Cecil W . Cupp, Jr.Floyd L. Thompson
Albert M. Guice Edmond M. Thrash
Clarence J. Horner
Walter P. Kleinman
H. A. Wheatley
Warren W . Wilson

STATEMENT OF JUNE 30. 1962
Liabilities

Resources
Loans and discounts__$
Overdrafts ____________
U. S. Gov’t, obligations
Other bonds & securities
Furniture and fixtures
Banking house _______
Cash & due from banks
Other resources ______

9,262,766.76
114.40
7,195,699.50
2,519,990.71
137,198.95
613,787.80
3,460,170.94
69,203.77

Capital sto ck _______ _ $
Surplus fund _______ _
Undivided profits __ ....
Reserves ____________ ....

400,000.00
400,000.00
779,391.46
405,916.15

Total capital acct. __....

1,985,307.61

Demand deposits ___ .... 11,588,409.10
Time deposits ______ - - 7,930,031.74
615,388.36
U. S. Gov’t, deposits _ ....
946,340.54
Public funds _______ ....
Deposits of banks __ ....
133,155.16
Total deposits ______ .... 21,213,324.90
Other liabilities ____

Total _______________ $23,258,932.83




60,300.32

Total _____________ ....$23,258,932.83

60

State of Arkansas: Bank Department

JACKSONVILLE STATE BANK, JACKSONVILLE
Population 14,488
Pulaski County
Chartered Aug. 2, 1949
Telephone No. YU 2-2113
Transit No. 81-764
Officers
Kenneth Pat W ilso n _____ President
Austin L eed s____________Vice Pres.
and Cashier
Melda A. R ic e _____ Asst. Vice Pres.
Sybil Adam s___________ Asst. Cashier
Joyce H ester_________ Asst. Cashier
James G ray____________ Asst. Cashier

Directors
Jack East, Jr.
Dr. Thomas H.
J. H. Mize
Wortham
B. Fred Thompson
Kenneth Pat Wilson

STATEMENT OF JUNE 30, 1962
Liabilities
Capital stock ---------------- $ 150,000.00
Surplus fund ___________ 300,000.00
Undivided profits _____
82,978.77
R eserves_______________
69,273.08

Resources
Loans and discounts___$3,686,997.83
Overdrafts _____________
629.79
U.S. Gov’t obligations__ 662,812.50
Other bonds & securities 768,005.10
Furniture and fixtures „
33,148.74
Banking house ________
122,636.61
Cash & due from banks 1,479,712.30
Other resources________
426.00

Total capital acct.______

602,251.85

Demand deposits ______ 3,852,817.08
Time deposits___________ 1,315,979.65
U.S. Gov’t deposits_____
551,385.72
Public funds____________
333,946.36
Total deposits__________ 6,054,128.81
Other liabilities_______

$6,754,368.87

Total

97,988.21

T o ta l_________________ $6,754,368.87

NEWTON COUNTY BANK, JASPER
Population 273
Newton County
Chartered March 24, 1903
Telephone No. 9
Transit No. 81-371
Officers
L. W . N an ce______ Pres. & Cashier
Alta Gorden_____________ Vice Pres.
Joe T. Phillips_______ Asst. Cashier
Stanley Sm ith________ Asst. Cashier

Alta Gorden
Joe C. Nance
L. W . Nance

Directors
Stanley Smith
J. W . Waters

STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts___$ 583,097.46
Overdrafts _____________
504.89
U. S. Gov’t, obligations ~ 210,396.00
Other bonds & securities 232,202.69
Furniture and fixtures ..
8,687.04
Banking house ________
3,086.27
Cash & due from banks. 228,726.95

Liabilities
Capital sto ck ___________$
Surplus fund ___________
Undivided profits _____

25,000.00
50,000.00
32,375.54

Total capital acct. _____

107,375.54

Demand deposits ______
Time deposits ________
U. S. Gov’t, deposits____
Public funds ___________

646,097.02
424,223.02
1,614.77
87,390.95

Total deposits__________ 1,159,325.76
Total



$1,266,701.30

Total

$1,266,701.30

01

Forty-Eighth Report

BANK OF NETTLETON, JONESBORO
Population 21,418
Craighead County
Chartered Feb. 13,1904 Telephone No. WEbster 2-2131 Transit No. 81-406
Officers

Directors

L. D. K ie c h ______________ President
E. E. H a le ________ Exec. Vice Pres.
Veon C. K iech ___________Vice Pres.
R. E. Thom as______________ Cashier
Lucille Cow ell_______ Asst. Cashier

E. E. Hale
L. D. Kiech
Maurice C. Kiech

Yeon C. Kiech
Knight Laird

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,647,183.70
Overdrafts _____________
23.49
U. S. Gov’t, obligations .. 200,000.00
Other bonds & securities 168,672.29
Furniture and fixtures „
3,600.00
Banking house ________
10,900.00
Cash & due from banks.. 531,562.93

Capital stock ... ______ $ 80,000.00
Surplus fund _______ ___
150,000.00
99,592.34
Undivided profits _____
Total capital acct. _____

329,592.34

Demand deposits ..... ___ 1,231,776.52
Time deposits ______ ___
833,069.95
528.49
U. S. Gov’t, deposits ..
Public funds _______ ... .. 103,349.12
Deposits of banks___
63,625.99
Total deposits ______ ___ 2,232,350.07

T o t a l ________________ $2,561,942.41

Total ___________ .___ $2,561,942.41

CITIZENS BANK OF JONESBORO, JONESBORO
Population 21,418
Craighead County
Chartered July 25,1919 Telephone No. WEbster 2-6603 Transit No. 81-613
Officers

Directors

M. L. McKinney_________ President
C. V. McKinney________ Vice Pres.
M. W . G riffin___________ __ Cashier
L. D. Walker, J r ._____ Asst. Cashier

L. A. Cato
Morris L. McKinney
J. W . Crafton
W . D. Roberts, Jr.
W . O. Doak
M. S. Rubenstein
Joe N. Martin
O’Dell A. Sanders
Herbert H. McAdams Donald Timms
Curtis V. McKinney

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts__$
Overdrafts ____________
U. S. Gov’t, obligations
Other bonds & securities
Furniture and fixtures
Banking house _______
Other real estate _____
Cash & due from banks
Other resources ______

Liabilities
8,152,234.05
4,868.21
1,813,204.75
3,040,816.29
124,699.86
63,141.74
241,830.64
3,819,126.81
425.00

Capital stock _________ $
Surplus fund _________
Undivided profits ____

500,000.00
500,000.00
355,179.49

Total capital acct. ____

1,355,179.49

Demand deposits _____
Time deposits ________
U. S. Gov’t, deposits___
Public funds _________
Deposits of banks_____

6,946,267.31
6,522,577.51
252,733.68
1,237,965.54
945,623.82

Total deposits________ 15,905,167.86
T o t a l _______________ $17,260,347.35



Total

....$17,260,347.35

62

State of Arkansas: Bank Department

MERCANTILE BANK, JONESBORO
Population 21,418
Craighead County
Chartered Jan. 7, 1932 Telephone No. WEbster 5-5521 Transit No. 81-72
Officers

Directors

Charles Frierson________ President
Nathan Deutsch__Exec. Vice Pres.
Woodrow M. W ilso n ____ Vice Pres.
R. W . Higginbotham______ Vice Pres.
George F. D eLaney____ Vice Pres.
Garland Kirkpatrick____ Vice Pres.
Carey Sm ith----------------------- Cashier
Alberta Dickson_______ Asst. Cashier
Louise Beasley_________Asst. Cashier
Naomi C raft___________ Asst. Cashier
Tony Futrell___________Asst. Cashier
Earl Gairahan_________ Asst. Cashier

Bryan Armstrong
Joe C. Barrett
Nathan Deutsch
W . M. Freeze, Jr.
Charles Frierson

A. M. Heringer, Jr.
W . Gus Nash, Jr.
S. L. Simpson
W . C. Sloan
J. Paul Smith

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__$
U. S. Gov’t, obligations
Other bonds & securities
Furniture and fixtures
Banking house _______
Other real estate______
Cash & due from banks
Other resources ______

7,732,079.13
1,650,422.52
1,421,416.98
26,283.08
60,089.60
107,499.00
2,485,017.39
9,097144

Capital stock _________ $
Surplus fund __________
Undivided profits ____
Reserves ______________

200,000.00
300,000.00
350,815.63
93,743.58

Total capital acct..........

944,559.21

Demand deposits _____
Time deposits________
U. S. Gov’t, deposits__
Public funds __________
Deposits of banks ____

5,853,855.99
5,806,305.52
210,024.27
488,235.12
188,925.03

Total deposits________ 12,547,345.93
Total




$13,491,905.14

Total

...$13,491,905.14

63

F o r t y -E ig h t h R e p o r t

FARMERS AND MERCHANTS BANK, JUDSONIA
Population 977
White County
Chartered May 29, 1913
Telephone No. RA 9-3329
Officers

Transit No. 81-549

Directors

E. O. Yancey_____________ President
J. Herbert Graves_______ Vice Pres.
C. I. Stevens ______________ Cashier
Thelma M. Stevens __ Asst. Cashier

J. Herbert Graves
John A. Henson

C. I. Stevens
E. O. Yancey
Elmer Dale Yancey

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$
Overdrafts _____________
U. S. Gov’t, obligations „
Other bonds & securities
Furniture and fixtures ..
Banking house ------------1
,,
Cash & due from banks
Other resources -----------

Liabilities
365,841.78
3,734.79
297,982.50
111,249.43
2,090.00
1,500.00
,J 'S '2 5
255,763.83
1.00

Capital stock ___________ $ 35,000.00
Surplus fund ___________
45,000.00
Undivided profits______
66,113.95
----■
■
Total capital acct..... —
146,113.95
Demand deposits ______
736,065.91
Time deposits _________
62 028.15
u . S. Gov’t, deposits_____
6;429.49
Public funds __________
54,819.29
Deposits of banks _____
40,706.54
Total deposits _________

Total _______________ -$1,046,163.33

900,049.38

Total ________________ ..$1,046,163.33

UNION STATE BANK, JUNCTION CITY
Population 749
Union County
Chartered Aug. 28, 1933 Telephone No. WAlnut 4-2731
Officers
I. A. Brinker___________ President
O. H. Goodwin ________ Vice Pres.
Mrs. Ruthelle C. L usb y____ Cashier
S. A. Brinker_______ Asst. Cashier

Transit No. 81-232

Directors
I. A. Brinker
S. A. Brinker
O. H. Goodwin

Houston Hall
H. E. Kinard

STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts___$ 241,272.62
Overdrafts _____________
1.80
U. S. Gov’t, obligations .. 587,911.10
Other bonds & securities
52,396.06
Furniture and fixtures ..
3,349.37
Banking house ________
1,100.00
Other real estate ______
1.00
Cash & due from banks- 458,173.97

Liabilities
Capital stock ___________$
Surplus fund ___________
Undivided profits _____
Reserves _______________

50,000.00
50,000.00
46,504.72
3,850.00

Total capital a c c t._____

150,354.72

Demand deposits ______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________

653,936.81
389,422.87
5,878.00
144,613.52

Total deposits _________ 1,193,851.20
Total _________________ $1,344,205.92




Total _________________ $1,344,205.92

64

State of Arkansas: Bank Department

BANK OF KENSETT, KENSETT
Population 905
White County
Chartered Feb. 17, 1922 Telephone No. Pilgrim 2-5191 Transit No. 81-649
Officers

Directors

John H. Johnston________ President
Roger Q. M ills---------------- Vice Pres.
Mrs. Thelma R oth _________ Cashier

John H. Johnston
John H. Johnston, Jr.
Roger Q. Mills

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts__
Overdrafts ____________
U. S. Gov’t, obligations „
Other bonds & securities
Furniture and fixtures ..
Banking house ________
Cash & due from banks.
Other resources _______

Liabilities
37,312.55
104.66
395,153.50

1 ,200.00

Capital stock _________ $
Surplus fu n d ___________
Undivided profits _____

25,000.00
5,000.00
30,005.83

233.28

Total capital acct. _____

60,005.83

164,280.22

Demand deposits ______
U. S. Gov’t, deposits___
Public funds ....________

505,266.62
947.50
31,813.31

Total deposits __________

538,027.43

1.00
1.00

Other liabilities _______
T otal_________________ $ 598,286.21

252.95

Total________________ ..$ 598,286.21

BANK OF KINGSTON, KINGSTON
Population 200
Madison County
Chartered April 7, 1911 Telephone No. NOrth 5-2125 Transit No. 81-467
Officers
Tom H argis______________ President
Wilson Bunch___________Vice Pres.
and Cashier
Wm. B. Bunch_______ Asst. Cashier

Directors
Fred Evon Bunch
Wilson Bunch
Tom Hargis

Mrs. Ada B.
McCracken
John Tyson

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$ 120,518.24
U. S. Gov’t, obligations .. 175,273.80
Other bonds & securities
75,979.10
Furniture and fixtures ..
1.00
Banking house ________
1.00
Other real estate ______
3.00
Cash & due from banks..
42,512.59

Liabilities
Capital stock ___________$
Surplus fu n d ___________
Undivided profits______
Reserves _______________

10,000.00
20,000.00
6,711.00
2,000.00

Total capital a c c t._____

38,711.00

Demand deposits ______
203,190.50
Time deposits__________ 162,387.23
Public fu n d s_____________
10,000.00
Total deposits _________

T o t a l _________________ $ 414,288.73




375,577.73

T o t a l _________________ $ 414,288.73

65

F o r t y -E ig h t h R e p o r t

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population 2,998
Chicot County
Chartered Oct. 14, 1937 Telephone No. ANdrew 5-2241 Transit No. 81-598
Officers
Douglas W . Brooks_______ President
Hermon Carlton__Exec. Vice Pres.
J. B. Gillison____________Vice Pres.
Mrs. Margaret B. W y n n __Vice Pres.
Guy Humphries ___________ Cashier
Joyce Bell ___________ Asst. Cashier
Mrs. Dessie Lee Gibbs.. Asst. Cashier

Directors
Ben Angel
Ned Mazzanti
N. W . Bunker
Linwood Smith
J. H. Burge
Douglas C. Wynn
Douglas W. Brooks
Hermon Carlton
J. B. Gillison Mrs. Margaret B. WTynn

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts ___$2,087,843.31
Overdrafts _____________
1,714.09
U. S. Gov’t, obligations „ 721,672.88
Other bonds & securities 1,059,208.36
Furniture and fixtures ..
8,955.44
Banking house ________
1.00
Cash & due from banks . 796,565.52
55.50
Other resources _______

Capital stock _______ ____$ 100,000.00
Surplus fund _______ ___
150,000.00
Undivided profits ___ . ___ 113,765.94
Reserves ___________ -___
99,476.61
Total capital acct.

____

463,242.55

Demand deposits __ ____ 2,216,576.49
Time deposits ______ ___ 1,331,639.72
U. S. Gov’t, deposits ____
55,302.35
Public funds _______ ____
593,377.13
Deposits of banks ___
3,447.35
Total deposits ______ ___ 4,200,343.04
Other liabilities ___ ___

Total ________________ $4,676,016.10

12,430.51

Total ____________ ___ $4,676,016.10

FIRST STATE BANK OF LAKE VILLAGE, LAKE VILLAGE
Population 2,998
Chicot County
Chartered June 12,1962
Officers

Directors

Fred Michael_____________ President Mitchell A. Abide Egino Mazzanti, Jr.
James Burchfield_______ Vice Pres. Henry Anthony Fred Michael
John A. Smith ------------------- Cashier Herman Berkemeyer
O. C. Burnside, Jr. -------- Secretary James Birchfield John A. Smith
O. C. Burnside, Jr.
J. P. Hampton
W . R. Smith
W . H. Hanna
Brooks Tillman
W . T. Loyd
Charles Tillman
C. W . Tillman
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Cash & due from banks $ 250,000.06

Capital stock ___________$ 100,000.00
Surplus fund ___________ 100,000.00
Undivided profits_____
50,000.00

Total ________________ $ 250,000.00
Total ________________ $ 250,000.00
OPENED FOR BUSINESS SEPTEMBER 19, 1962



66

State of Arkansas: Bank Department

CITIZENS BANK OF LAVACA, LAVACA
Population 392
Sebastian County
Chartered May 5, 1910
Telephone No. 2341
Transit No. 81-378
Officers

Directors

J. M. Llew ellyn---------------- President W . J. Echols
Mrs. Nelle B. Llewellyn .. Vice Pres. J. M. Llewellyn
B. E. Andrew s_____________ Cashier Mrs. Nelle B. Llewellyn
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts
$ 255,662.57
Overdrafts -------------------479.46
U. S. Gov’t, obligations ..
408,642.00
Other bonds & securities
43,803.07
Furniture and fixtures ..
4,391.52
Banking house ________
3,273.50
Cash & due from banks182.569.00

Capital sto ck ___________$ 15,000.00
Surplus fu n d ___________
25,000.00
Undivided profits_______
29,348.74
Reserves ________________
15,000.00
m
^
■
Total capital acct. --------84,348./4
Demand deposits _______ 545,887.70
Time deposits ________
159,488.69
3,996.97
U. S. Gov’t deposits____
Public funds ___________
105,099.02
Total deposits __________

Total _______________..$ 898,821.12

814,472.38

Total _______________ ..$ 898,821.12

LEACHVILLE STATE BANK, LEACHVILLE
Population 1,507
Mississippi County
Chartered Dec. 18, 1950
Telephone No. 539-6355
Transit No. 81-769
Directors

Officers
J. Lee Bearden___________President
J. L. Sw ihart___________Vice Pres.
Robert Braden_____________ Cashier
Edna K ennett_______ Asst. Cashier

J. Lee Bearden
Nelson Henry
Dr. T. N. Rodman

J. L. Swihart
Louis Weinberg

STATEMENT OF JUNE 30, 1962
Liabilities

Resources
Loans and discounts___$ 861,268.66
Overdrafts _____________
75.66
U. S. Gov’t, obligations _
55,000.00
Furniture and fixtures _
7,896.98
Banking h o u se ------------2,110.40
Other real estate______
7,953.00
Cash & due from banks.. 389,278.40

Capital sto ck ___________$
Surplus fund ___________
Undivided profits _____

50,000.00
50,000.00
91,008.77

Total capital acct. _____

191,008.77

Demand deposits ______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________

634,922.67
289,875.52
1,606.60
206,169.54

Total deposits ________ 1,132,574.33
Total _________________ $1,323,583.10




Total

,323,583.10

67

Forty-Eighth Report

LITTLE RIVER BANK, LEPANTO
Population 1,157
Poinsett County
Chartered Nov. 21, 1919
Telephone No. 108
Transit No. 81-622
Officers

Directors

D. F. P ortis____________ President
A. T. B e ll_______ Exec. Vice Pres.
J. C. Portis _____________ Vice Pres.
T. G. Thompson, J r .______ Cashier
W ill J. Riddick______ Asst. Cashier

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

D. F. Portis
J. C. Portis
Grady Watkins, Jr.

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,948,609.67
U. S. Gov’t, obligations .. 274,883.13
Other bonds & securities
70,582.50
Furniture and fixtures ..
1.00
Cash & due from banks _ 352,328.41

Capital stock ________ ....$ 100,000.00
Surplus fu n d ________ ..... 350,000.00
Undivided profits __ .....
61,604.23
35,021.22
Reserves ____________ .....
Total capital acct. __ .....

546,625.45

Demand deposits ____..... 1,274,317.70
Time deposits _______ ..... 675,892.67
6,774.94
U. S. Gov’t, deposits ...
Public funds ________ ..... 142,793.95
Total deposits _______ ..... 2,099,779.26
Total ________________ $2,646,404.71

Total _______ ____ _ .-.$2,646,404.71

LESLIE STATE BANK, LESLIE
Population 506
Searcy County
Chartered April 17, 1948
Telephone No. 60
Transit No. 81-761
Officers

Directors

Rex Killebrew ___________ President J. Virgil Blair
Arthur J. Siegel
Arthur J. Siegel ________ Vice Pres. Dr. Charles W . Cotton
and Cashier Rex Killebrew
Page H. Thomas
Helen McBride ______ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $ 466,470.96
U. S. Gov’t, obligations „ 491,226.25
Other bonds & securities
51,401.78
Furniture and fixtures „
2,065.23
Banking house ________
5,225.00
Cash & due from banks.. 227,748.97
Other resources _______
884.57

Capital stock ---------------- $
Surplus fund ___________
Undivided profits _____
Total capital a c c t._____

25,000.00
25,000.00
50,788.07
100,788.07

Demand deposits ______
524,256.67
Time deposits _________
581,094.77
U. S. Gov’t, deposits____
5,006.91
Public funds _____________
33,876.34
Total deposits ________ 1,144,234.69

Total



$1,245,022.76

Total

$1,245,022.76

68

State of Arkansas: Bank Department

PEOPLES BANK AND LOAN COMPANY, LEWISVILLE
Population 1,373
Lafayette County
Chartered Aug. 25, 1911
Telephone No. W A 1-4454
Transit No. 81-475
Officers

Directors

J. C. Landes --------- Pres. & Cashier
P. D. Burton, Jr________ Vice Pres.
Wilma Willbanks ____ Asst. Cashier

P. D. Burton, Jr.
J. C. Landes
Alvis Fuller
Henry Moore, III
J. A. Harrel
Mrs. Aileen S. Landes

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,297,513.86
Overdrafts _____________
253.09
U. S. Gov’t, obligations .. 607,962.50
Other bonds & securities 518,979.93
Furniture and fixtures ..
7,500.00
Banking house ________
28,884.24
Cash & due from banks- 463,857.18
Other resources _______
15,048.53

Capital stock ___________$ 50,000.00
Surplus fund ___________
140,000.00
Undivided profits _____
60,385.81
Total capital acct. _____

250,385.81

Demand deposits _____
857,796.25
Time deposits __________ 1,640,343.58
U. S. Gov’t, deposits____
34,120.41
157,353.28
Public funds ___________
Total deposits __________ 2,689,613.52

Total ________________ $2,939,999.33

Total ________________ $2,939,999.33

BANK OF LINCOLN, LINCOLN
Population 820
Washington County
Chartered March 19, 1903
Telephone No. TA 4-1191
Transit No. 81-384
Officers

Directors

W . T. Shannon___________President B. J. Basden
B. J. Basden_____________ Vice Pres. E. W . Baugh
C. C. Karnes_____________ Cashier H. A. Lewis

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

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$
Overdrafts _____________
U. S. Gov’t, obligations _
Other bonds & securities
Furniture and fixtures _
Banking house ________
Cash & due from banks-

Liabilities
886,141.30
5,462.06
667,124.44
147,487.30
5,000.00
17,000.00
520,818.52

Capital sto ck ___________$
Surplus fund ___________
Undivided profits _____
Reserves _______________
Total capital acct. _____




164,726.76

Demand deposits ______ 1,150,347.70
Time deposits __________ 824,650.83
U. S. Gov’t, deposits____
4,484.71
Public funds ___________
104,823.62
Total deposits _________

Total ________________ $2,249,033.62

25,000.00
50,000.00
85,961.12
3,765.64

2,084,306.86

Total ________________ $2,249,033.62

Forty-Eighth Report

69

BANK OF ARKANSAS, LITTLE ROCK
Population 125,671
Pulaski County
Chartered Oct. 5, 1955 Telephone No. MOhawk 4-3961 Transit No. 81-780
Officers
Dabbs Sullivan____________ President
Harold E. Henson, J r .__Exec. Vice
Pres.
Donald R. Glidewell ______ Cashier
Mrs. Evelyne Gamble.. Asst. Cashier
Mrs. Lucille H ob by___ Asst. Cashier
B. F. Mounger_______ Asst. Cashier
Norman D. Rounsavall Asst. Cashier
Mrs. Aileen Sharp____ Asst. Cashier

Directors
E. L. Gaunt
Dabbs Sullivan
J. Herbert Graves Beloit Taylor
Harold E. Henson, Jr.
Worth James
Wm. H. Thompson
E. L. McHaney, Jr.Kenneth P. Wilson
H. F. Minnis
L. D. Wilson
Edward L. Wright

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Capital stock ___________$ 200,000.00
Loans and discounts__ $2,799,716.46
Overdrafts _____________
603.34
Surplus fund ___________ 100,000.00
Undivided profits _____
101,170.22
U. S. Gov’t, obligations .. 1,240,038.78
Other bonds & securities 847,510.18 Reserves _______________
47,883.37.
Furniture and fixtures ..
32,004.34
Total capital acct. _____
449,053.59
Banking house ________
63,014.41
Cash & due from banks. 894,733.56
Demand deposits ______ 2,759,028.55
Other resources _______
234.00 Time deposits __________ 2,161,303.75
U. S. Gov’t, deposits____
91,868.74
Public funds ___________ 203,619.62
Deposits of banks______
75,629.88
Total deposits_________ 5,291,450.54
Other liabilities _______
Total

$5,877,855.07

Total

137,350.94
$5,877,855.07

METROPOLITAN TRUST COMPANY, LITTLE ROCK
(Not engaged in commercial banking)
Population 125,671
Chartered June 5, 1925
Officers
Somers Matthews________ President
Justin Matthews, I I I ____ Vice Pres.
Justin Matthews, Jr. ____ Secretary
Eva M. H ale________ Asst. Secretary

Pulaski County
Telephone No. FRanklin 4-1744
Directors
Alice E. Matthews
Justin Matthews, Jr.
Justin Matthews, III
Lila B. Matthews
Somers Matthews

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts ..... $ 19,796.45
Capital stock ___________$ 176,700.00
Other bonds & securities
60,188.81
Surplus fund ___________
20,000.00
Furniture and fixtures ..
2,798.14 Undivided profits _____
306,157.40
Other real estate ______
129,331.47
502,857.40
Cash & due from banks.. 137,920.63 Total capital acct. _____
Other resources _______
153,691.54
Other liabilities _______
869.64
Total ________________ $ 503,727.04



Total

.$ 503,727.04

70

State of Arkansas: Bank Department

PULASKI HEIGHTS BANK, LITTLE ROCK
Population 125,671
Pulaski County
Chartered Aug. 29,1955 Telephone No. MOhawk 3-6301 Transit No. 81-779
Officers

Directors

Robert S. T ay lo r________ President Troy D. Churchman
Leon P. F ields___________Vice Pres. A. B. Corder
James T. McKinnon
Darol B e ll_________________ Cashier Leon P. Fields
Fred J. Parrott
Joyce A. Eremen ____ Asst. Cashier James F. Hewitt Robert S. Taylor
Robert V. T a y lo r____ Asst. Cashier Harry Lasker
Eugene R. Warren
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$2,338,154.95
Overdrafts _____________
2,208.84
U. S. Gov’t, obligations .. 475,578.62
Other bonds & securities 842,890.78
Furniture and fixtures ..
40,085.47
Banking house ________
72,630.08
Other real estate ______
6,000.00
Cash & due from banks - 872,189.41
Other resources _______
3,165.95

Capital stock ___________$ 200,000.00
Surplus fund ___________ 100,000.00
Undivided profits _____
67,856.15
Reserves _______________
35,659.34
Total capital acct. _____

403,515.49

Demand deposits ........... 2,259,593.45
Time deposits __________ 1,706,129.05
U. S. Gov’t, deposits____
82,950.72
Public funds ___________ 200,715.39
Total deposits __________ 4,249,388.61

Total




$4,652,904.10

Total

$4,652,904.10

71

Forty-Eighth Report

WORTHEN BANK AND TRUST COMPANY, LITTLE ROCK
Population 125,671
Pulaski County
Chartered Aug. 4, 1902 Telephone No. FRanklin 4-4392 Transit No. 81-7
Officers

Directors

James H. Penick____ Chm. of Board
Edward M. Penick______ President
Gardner L ile _____ Exec. Vice Pres.
Booker W orthen------------- Vice Pres.
and Secretary
A. F. W illia m s________ Vice Pres.
and Trust Officer
R. B. Elw ood____________Vice Pres.
Dan M. Murphy__________Vice Pres.
Melvin Lawson ________ Vice Pres.
W . G. Cobb ________ ___ _ Vice Pres.
E. 0 . Manees____________Vice Pres.
C. L. Tarleton ________ Vice Pres.
James Penick, Jr. ______ Vice Pres.
Richard F. Gates ______ Vice Pres.
Emmett L. D a rr____ __ ____ Cashier
M. S. Heim ______ Asst. Vice Pres.
Louis E a s t________ Asst. Vice Pres.
Simpson Wilbourn__Asst. Vice Pres.
A. J. Reap, J r .___ Asst. Vice Pres.
Charles E. W a d e __Asst. Vice Pres.
Ben F. Scroggin, Jr. Asst. Vice Pres.
Wm. L. B la ir_________Trust Officer
M. J. H a ll____________ Asst. Cashier
F. J. M o ser_________ Asst. Cashier
Harold Reid ________ Asst. Cashier
James H. R y a ls______ Asst. Cashier
Fred N. B row n ______ Asst. Cashier
John Lock __________ Asst. Cashier
R. J. Wills ___________ Asst. Cashier
Melvin Diffee _______ Asst. Cashier
M. L. Hogan _______________ Auditor
C. R. Shelton _ Asst. Trust Officer

William C. Allsopp
Gus Blass, II
W . N. Brandon, Jr.
Ted Cameron
W . Robert Crow
Alfred Leymer
Gardner Lile
H. Layton Lindsay
Frank Lyon
Guy Maris
Dan M. Murphy
Gus Ottenheimer
Edward M. Penick
James H. Penick
James Penick, Jr.
John A. Riggs, Jr.
Robert Roach
Frank M. Silverman
T. Chas. Treadway, Jr.
Booker Worthen
J. Gaston Williamson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__$46,008,520.12
Overdrafts ____________
1,486.95
U. S. Gov’t, obligations 17,399,885.53
Other bonds & securities 7,786,014.90
Furniture and fixtures
54,049.79
Banking house ----------795,950.21
Other real estate _____
1.00
Cash & due from banks 23,729,101.25
Other resources ______
151,593.36

Capital stock _________ $ 3,000,000.00
Surplus fund __________ 3,000,000.00
656,249.54
Undivided profits ____
Reserves ______________
457,143.84
Total capital acct. ____

7,113,393.38

Demand deposits _____
Time deposits________
U. S. Gov’t, deposits___
Public funds __________
Deposits of banks_____

34,969,577.71
24,504,325.73
1,640,357.46
12,283,798.10
14,729,338.54

Total deposits ________ 88,127,397.54
Other liabilities ______
Total



$95,926,603.11

685,812.19

Total _______________ $95,926,603.11

72

State of Arkansas: Bank Department

BANK OF LOCKESBURG, LOCKESBURG
Population 511
Sevier County
Chartered Oct. 14, 1902
Telephone No. AV 9-2541
Officers

Transit No. 81-385

Directors

R. C. Norw ood___________President Mary F. HampsonR. C. Norwood
Hugh Latimer ___________Vice Pres. Hugh Latimer
Mrs. R. C. Norwood
Mrs. R. C. Norw ood_______ Cashier
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts — $
U. S. Gov’t, obligations
Other bonds & securities
Furniture and fixtures ..
Banking house ----------Cash & due from banks _

242,893.47
196,128.50
190,445.44

1.00

1.00

248,697.83

Total ________________ $ 878,167.24

Capital stock ___________$
Surplus fund ___________
Undivided profits______
Reserves _______________

25,000.00
33,000.00
39,530.50
34,156.06

Total capital acct. _____

131,686.56

Demand deposits ______
Time deposits __________
U. S. Gov’t, deposits____
Public funds ___________

493,544.97
221,283.19
946.10
30,706.42

Total deposits _________

746,480.68

Total ________________ $ 878,167.24

FIRST STATE BANK, LONOKE
Population 2,359
Lonoke County
Chartered March 19, 1935 Telephone No. ORange 6-6357 Transit No. 81-200
Officers

Directors

J. O. Bennett ____________ President J. O. Bennett
Arthur Herring __ Exec. Vice Pres.
Neil Bennett
W . H. Bransford________ Vice Pres. Wayne Bennett
E. L. W h ite ________________ Cashier W . H. Bransford
Mrs. Lorine Pitts ____ Asst. Cashier
Mrs. Dorothy Herring Asst. Cashier

M. E. Lyons
Charles A. Miller
Guy E. Williams

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $1,856,855.95
U. S. Gov’t, obligations
803,437.50
Other bonds & securities 422,346.40
Furniture and fixtures ..
7,896.16
Banking house ________
1.00
Other real estate ______
20,000.00
Cash & due from banks . 566,024.98
Other resources _______
713.91

Capital stock __________ $ 100,000.00
Surplus fund __________
250,000.00
Undivided profits______
189,947.06
Reserves _______________
1,999.19

Total



$3,677,275.90

Total capital acct. _____

541,946.25

Demand deposits ______ 2,024,282.97
Time deposits __________ 593,472.76
U. S. Gov’t, deposits ___
12,187.50
Public funds ___________
309,542.67
Total deposits _________

2,939,485.90

Borrowed money ______

195,843.75

Total

$3,677,275.90

Forty-Eighth Report

73

FARMERS BANK AND TRUST COMPANY, MAGNOLIA
Population 10,651
Columbia County
Chartered Sept. 26, 1906
Telephone No. CE 4-2211
Transit No. 81-163
Officers
Directors
R. S. Warnock, J r ________ President T. H. Bradley, Jr.
J. L. Jean
R. S. Foster
W . N. Paschal
W . L. Jameson, J r ________ Vice Pres.
John W . Harsh
R. S. F oster______________Vice Pres.
W . E. Fullenwider Mrs. T. H. Reeves
W . N. Paschal___________ Vice Pres.
W. K. Twitty
W . K. T w itty________________ Cashier W . L. Jameson, Jr.
R. S. Warnock, Jr.
Dean Reagan ________ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Liabilities
Resources
Capital stock __________ $ 100,000.00
Loans and discounts___$ 505,662.17
U.S. Govt, obligations__ 6,341,076.50
Surplus fund ___________ 200,000.00
Other bonds & securities 643,123.62
Undivided profits _____
598,765.64
Furniture and fixtures ..
20,353.00
Reserves _______________
42,513.63
Banking House ________
10,297.00
Total
capital
acct.______
941,279.27
Cash and due from banks 2,061,267.59
Demand deposits ______ 5,338,406.77
Time deposits _________ 2,702,068.12
U. S. Gov’t, deposits _ 157,379.10
Public funds ___________ 442,646.62
Total deposits __________ 8,640,500.51
T ota l_________________ $9,581,779.88

T ota l_________________ $9,581,779.88

BANK OF MALVERN, MALVERN
Population 9,566
Hot Spring County
Chartered June 24, 1889
Telephone No. ED 2-6966
Transit No. 81-131
Officers
Directors
J. Elmo Young____________President Ray N. Boyle
Glenville Rhodes
Ray N. Boyle __________ Vice Pres. Zerah T. Caldwell Charles S. Smith
J. Elmo Young
W . H. Glover_____________ Vice Pres. Wm. H. Glover
Glenville Rhodes _______ Vice Pres. Jester Jones
Tom Ross Young
Jester Jones______ Exec. Vice Pres.
Foy G. Ritchey_____________ Cashier
Hester H. Smith_______ Asst. Cashier
Edward L. T u ll______ Asst. Cashier
Paul E. Bowdle _______ Ast. Cashier
John R. Thomason____ Ast. Cashier
STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts___$2,073,301.73
Capital stock __________ $ 150,000.00
U.S. Gov’t, obligations
1,186,000.00
Surplus fund ___________ 300,000.00
Other bonds & securities 759,799.31
Undivided profits______
152,742.50
Furniture and fixtures ..
26,000.00
Reserves _________________
38,832.91
Banking house ________
185,000.00
Total
capital
acct.
_____
641,575.41
Cash & due from banks 1,047,973.67
Demand deposits ______ 2,899,507.83
Other resources________
15,019.13
Time deposits _________ 1,070,459.88
U.S. Gov’t deposits ____
76,179.04
Public funds ___________ 478,676.58
Deposits of banks______
90,586.65
Total deposits_________ 4,615,409.98
Other liabilities________
36,108.45
Total



$5,293,093.84

Total

$5,293,093.84

74

State of Arkansas: Bank Department

PEOPLES BANK, MAMMOTH SPRING
Population 825
Fulton County
Chartered Feb. 8, 1921
Telephone No. 44
Officers

Transit No. 81-645

Directors

Cloy H. Culver___________President
M. H. P o w ell____________Vice Pres.
Auda M. Culver______ Asst. Cashier
Bill P a ce _____________ Asst. Cashier

Auda M. Culver
Cloy H. Culver
W . L. Miller

J. B. Plumlee
M. H. Powell

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts___$ 838,597.99
Overdrafts ____________ .
259.35
U.S. Gov’t obligations__ 701,165.00
Furniture and fixtures ..
7,028.00
Banking house_________
3,200.00
Cash & due from banks 285,017.35

Capital Stock---------------- $ 50,000.00
Surplus fu n d ___________
25,000.00
Undivided profits___________________ 57,883.71

Total capital acct.___________________ 132,883.7

Demand deposits ______
752,599.20
Time deposits __________ 318,211.84
U.S. Gov’t deposits__________________ 10,088.72
Public funds____________
69,227.96
Total deposits__________ 1,150,127.72

T o ta l_________________ $1,283,011.43

T o ta l_________________ $1,283,011.43

MERCHANTS AND PLANTERS BANK, MANILA
Population 1,753
Mississippi County
Chartered March 16, 1948
Telephone No. 561-4427
Transit No. 81-710
Officers

Directors

Mrs. Lora M. Fleeman____ President
H. D. A lston _____________ Vice Pres.
James B. Cheadle_______ Vice Pres.
Max H. Schrader__Exec. Vice Pres.
Bobby W h ite _______________ Cashier

H. D. Alston
Max H. Schrader
Wm. Borowsky
L. E. Townsend
James B. Cheadle Bobby White
Fred Fleeman
Mrs. Lora M. Fleeman

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts__ $ 838,597.99
U.S. Gov’t obligations__
89,650.00
Other bonds & securities
75,000.00
Furniture and fixtures ..
6,264.27
Banking house ________
1.00
Other real estate ______
1.00
Cash & due from banks 241,804.34

Capital stock __________ $ 100,000.00
Surplus fund____________
50,000.00
Undivided profits______
68,808.31
Total capital acct-----------

218,808.31

Demand deposits ______
Time deposits __________
U.S. Gov’t deposits ____
Public funds____________

630,835.78
167,261.38
1,218.59
233,194.54

Total deposits__________ 1,032,510.29
Total



$1,251,318.60

Total

$1,251,318.60

75

Forty-Eighth Report

BANK OF MANSFIELD, MANSFIELD
Population 881
Sebastian County
Chartered Feb. 16, 1939
Telephone No. 7
Transit No. 81-249
Officers

Directors

W . W . Holbrook-------------- President S. D. Barnes
Gilmer K. Dixon _______ Vice Pres.
Gilmer K. Dixon
B. R. Holbrook___________ Cashier B. R. Holbrook
Mrs. Melba Conaway „ Asst. Cashier

W . W . Holbrook
S. M. Taylor
W . M. Woods

STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts___$
Overdrafts _____________
U.S. Gov’t obligations —
Other bonds & securities
Furniture and fixtures ..
Banking house_________
Cash & due from banks

Liabilities
476,142.17
105.81
801,358.62
313,438.70
3,157.25
1,000.00
385,421.59

Capital stock __________ $
Surplus fu n d ___________
Undivided profits______
Reserves _______________
Total capital acct. _____

190,875.03

Demand deposits_______ 1,036,742.67
Time deposits __________ 650,179.01
U.S. Gov’t, deposits____
3,412.52
Public funds ___________
99,414.91
Total deposits _________

T ota l_________________ $1,980,624.14

60,000.00
55,000.00
42,750.36
33,124.67

1,789,749.11

T ota l_________________ $1,980,624.14

FARMERS AND MERCHANTS BANK, MARIANNA
Population 5,134
Lee County
Chartered Jan. 9,1942
Telephone No. CY 4-2535
Officers
H. L. P etty________ Chm. of Board
Glenn U. M iller___________ President
Ben M. Perkins ___ Exec. Vice Pres.
W . V. M oye______ Vice Pres. & Sec.
Mrs. Nelle R. Stallings______ Cashier
Mrs. Juanita D avis_Asst. Cashier
Mrs. Margaret D. Harris_______ Asst.
Cashier

Transit No. 81-744

Directors
Thomas H. Gist
A. C. Mahan, Sr.
Glenn U. Miller
John F. Miller
W. P. Mixon
W . V. Moye

Ben M. Perkins
H. L. Petty
A. E. Prestridge
Charles F. Tyson
Henry B. White
Harvey W . Wilson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,671,412.81
U.S. Gov’t obligations__ 115,822.50
Other bonds & securities 206,035.97
Furniture and fixtures ..
20,165.30
Cash & due from banks 440,895.62
Other resources------------5,000.00

Capital sto ck ___________$ 75,000.00
Surplus fund ___________ 175,000.00
Undivided profits______
49,047.01
Total capital acct. _____

Demand deposits ______ 1,641,262.30
Time deposits __________ 287,419.43
U.S. Gov’t deposits ____
9,790.39
Public funds ___________ 221,813.07
Total deposits _________

T o t a l_________________ $2,459,332.20



299,047.01

Total

2,160,285.19
$2,459,332.20

76

State of Arkansas: Bank Department

CITIZENS BANK, MARION
Population 881
Crittenden County
Chartered March 15, 1938
Telephone No. PE 9-3232
Transit No. 81-742
Officers

Directors

J. F. Fogleman___________President Perry Barton
A. J. Lumpkin ______ Vice Pres. & Wilson P. Barton
Cashier J. F. Fogleman
Mary L. Hoskins______ Asst. Cashier Allen Helms

A. J. Lumpkin
J. C. Mann
Dana F. Sulcer

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$ 823,917.65
Overdrafts _____________
94.20
U.S. Gov’t, obligations __ 1,125,175.00
Other bonds & securities 260,572.20
Furniture and fixtures __
1.00
Banking house ________
35,000.00
1.00
Other real estate_______
Cash & due from banks 473,747.96

Capital sto ck ___________$
Surplus fund ___________
Undivided profits______
Reserves _______________
Total capital acct. _____

229,650.95

Demand deposits ______ 1,133,972.71
Time deposits __________ 634,996.80
1,152.25
U.S. Gov’t, deposits____
Public funds ___________
718,736.30
Total deposits _________

T o ta l_________________ $2,718,509.01

50,000.00
75,000.00
97,150.95
7,500.00

2,488,858.06

T o ta l_________________ $2,718,509.01

MARKED TREE BANK, MARKED TREE
Population 3,216
Poinsett County
Chartered March 3, 1932
Telephone No. 60
Transit No. 81-705
Officers

Directors

John A. Brunner________ President
John A. Brunner, J r ____ Exec. Vice
Pres.
Louis H. Goad______________ Cashier
Helen Stewart_______ Asst. Cashier

Sidney Arnold
John Brunner, Sr.
Frank Brunner
L. V. Ritter
John A. Brunner, Jr. L. V. Ritter, Jr.

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts ___$ 961,134.37
Overdrafts _____________
176.56
U.S. Gov’t, obligations__ 1,166,603.01
Other bonds & securities 701,538.54
Furniture and fixtures ..
9,570.00
Banking house ________
1.00
Cash & due from banks 924,901.14

Capital stock ___________$ 50,000.00
Surplus fund ___________ 200,000.00
Undivided profits _____
113,630.04
Total capital acct. _____

363,630.04

Demand deposits ______ 2,085,102.17
Time deposits __________ 981,064.06
U.S. Gov’t, deposits ____
4,009.23
Public funds ___________ 177,587.28
Deposits of banks _____
152,531.84
Total deposits__________ 3,400,294.58

Total



$3,763,924.62

Total

$3,763,924.62

//

Forty-Eighth Report

THE CITIZENS BANK, MARSHALL
Population 1,095
Searcy County
Chartered Feb. 26, 1940
Telephone No. 27
Transit No. 81-715
Officers

Directors

Wordna A lle n __________
_______ President
Dan A lle n _______________ Vice Pres.
Bennie J. T rea t____________ Cashier

Hugh Adams
Dan Allen
Wordna Allen
W . N. Guthrie

N. J. Henley
Mary Massey
J. Frank Watts

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$
Overdrafts _____________
U.S. Gov’t obligations__
Other bonds & securities
Furniture and fixtures
Banking house ________
Other real estate ______
Cash & due from banks

Liabilities
710,856.68
1.84
426,989.84
221,024.05
2,827.59
5,677.25
2,980.00
370,124.48

Capital sto ck ____
Surplus fund ____
Undivided profits
Reserves ________

50.000. 00
60.000.00
74,414.40
19,500.00

Total capital acct. _____

203,914.40

Demand deposits ______
Time deposits __________
U.S. Gov’t deposits ____
Public funds ___________

758,260.73
549,926.05
22,737.26
205,643.29

Total deposits
Total

1,740,481.73

_ 1,536,567.33

Total

$1,740,481.73

BANK OF MARVELL, MARVELL
Population 1,690
Phillips County
Chartered Jan. 8, 1903
Telephone No. 2564
Transit No. 81-393
Officers

Directors

Gibson Turley____________President R. E. Hodge
James S. Suitt_____ Exec. Vice Pres. J. B. McElroy
and Cashier C. Robinson
Pauline H. W ilson ____ Asst. Cashier

James S. Suitt
Gibson Turley

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$
Overdrafts _____________
U.S. Gov’t obligations__
Other bonds & securities
Furniture and fixtures ..
Banking house ________
Cash & due from banks
Other resources _______

Liabilities
701,218.99
723.02
317,109.46
397,373.63
12,000.00
14,001.00
284,264.75
1.00

T o t a l_________________ $1,726,691.85



Capital stock ___________$
Surplus fund ___________
Undivided profits______
Reserves _______________
Total capital acct.______

75,000.00
75,000.00
92,556.58
25,000.00
267,556.58

Demand deposits ______ 1,023,453.84
Time deposits _________
321,087.96
U.S. Gov’t deposits ____
12,234.52
Public funds ___________
69,039.49
Deposits of banks______
31,594.08
Total deposits _________

1,457,409.89

Other liabilities _______

1,725.38

Total

.$1,726,691.85

78

State of Arkansas: Bank Department

BANK OF McCRORY, McCRORY
Population 1,053
Woodruff County
Chartered June 8, 1903
Telephone No. 3221
Transit No. 81-261
Officers
I. N. A rn o f_____________ President
John D. Eldridge_______ Vice Pres.
Otto M iller_______ Exec. Vice Pres.
Vance M. Thompson____ Vice Pres.
Curtis A. Houston_________ Cashier
Jean C. Beeson_______ Asst. Cashier
Ruth F. H a le __________ Asst. Cashier
Billy M. McElwee_____ Asst. Cashier
James W . T aylor______ Asst. Cashier

Directors
I. N. Arnof
John G. Thompson
Ian Arnof
Vance M. Thompson
John D. Eldridge

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$2,067,298.90
17,768.78
Overdrafts _____________
U.S. Gov’t, obligations__ 595,475.01
Other bonds & securities 752,888.37
Furniture and fixtures ..
2,309.42
Banking house_________
23,974.06
Cash & due from banks 997,985.96
Other resources________
2.00

Capital sto ck ___________$ 100,000.00
150,000.00
Surplus fu n d ---------------Undivided profits______
77,169.81
Total capital acct_______

327,169.81

Demand deposits ______ 2,748,789.85
Time deposits __________ 1,016,886.63
U.S. Gov’t, deposits____
9,750.10
Public funds ___________ 255,561.21
Deposits of banks _____
99,544.90
Total deposits_________ 4,130,532.69

T ota l________________ ..$4,457,702.50




T o ta l________________ .$4,457,702.50

79

Forty-Eighth Report

McGEHEE BANK, McGEHEE
Population 4,448
Desha County
Chartered Dec. 5,1933
Telephone No. CA 2-3151
Officers
R. G. Verser________ Chm. of Board
Sam Bowman_____________ President
J. W . Willoughby, Jr__ Exec. Vice
Pres.
Mark E. Sherland, Jr......... Vice Pres.
J. R. R ich ________________Vice Pres.
J. H. Stroud-------------------- Vice Pres.
J. B. Morgan________________ Cashier
Mrs. Bess T. Parker__Asst. Cashier
J. H. Potter___________Asst. Cashier

Transit No. 81-585

Directors
R. L. Beck
W . A. Smith
Sam Bowman R. G. Verser
D. C. Loyd
J. W . Willoughby, Jr.
C. J. Griffith, Jr.

STATEMENT OF JUNE 30. 1962
Liabilities
Resources
Capital stock ___________$ 200,000.00
Loans and discounts___ $4,026,913.29
114.18
Surplus fund ___________ 200,000.00
Overdrafts _____________
Undivided profits______
328,857.60
U.S. Gov’t, obligations__ 576,936.00
Other bonds & securities 1,829,527.12 Reserves _______________
131,750.15
Furniture and fixtures .. 110,982.73
Total capital acct----------860,607.75
Banking h o u se ________
163,500.00
Other real estate ______
59,750.00
Demand deposits ______ 3,185,757.99
Cash & due from banks 1,345,387.97
Time deposits _________ 3,266,263.57
Other resources________
1,827.82
U.S. Gov’t, deposits____
139,713.39
Public funds ___________ 630,518.03
Total deposits __________ 7,222,252.98
Other liabilities________
T ota l___

___ $8,114,939.11

Total

32,078.38
$8,114,939.11

BANK OF MELBOURNE, MELBOURNE
Population 571
Izard County
Chartered June 29, 1896
Telephone No. 17
Officers
J. C. M iller_______________ President
Tom Simpson ___________Vice Pres.
A. J. Younger____________ Cashier
Opal Troxler_________ Asst. Cashier

Transit No. 81-397

Directors
J. C. Miller
Tom Simpson
A. J. Younger

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts___$ 298,053.15
Capital sto ck ___________$
Overdrafts_____________
175.03 Surplus fu n d ___________
U.S. Gov’t, obligations__ 552,500.00
Undivided profits______
Other bonds & securities
49,264.18 Reserves _______________
Furniture and fixtures _
1.00
Banking h o u se ________
1.00 Total capital acct. _____
Cash & due from banks 370,392.38
Demand deposits ______
U.S. Gov’t, deposits____
Public funds ___________

25,000.00
25,000.00
108,937.45
3,500.00
162,437.45
992,384.43
6,628.99
108,935.87

Total deposits_________ 1,107,949.29

Total....

_______$1,270,386.74




Total_______________ $1,270,386.74

80

State of Arkansas: Bank Department

THE UNION BANK OF MENA, MENA
Population 4,388
Polk County
Chartered July 25, 1934
Telephone No. 85
Officers

Transit No. 81-98

Directors

Dale Rodgers_____________ President
W . L. Boyd
L. L. M orrow ____________ Vice Pres.
C. C. Crowell
C. C. Crowell ___________Vice Pres.
W . J. Lauck
Bill Lauck W o od __Exec. Vice Pres.
and Cashier
Dorothy H ilton______ Asst. Cashier

L. L. Morrow
Dale Rodgers
Bill Lauck Wood

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,698,163.66
U.S. Gov’t, obligations__ 803,548.13
Other bonds & securities 949,735.04
Furniture and fixtures „
14,840.63
Banking house ________
18,670.22
Other real estate_______
14,000.00
Cash & due from banks 848,678.87

Capital stock ___________$ 75,000.00
100,000.00
Surplus fu n d ___________
Undivided profits _____
144,257.72
Total capital acct. _____

319,257.72

Demand deposits ______ 2,540,891.07
Time deposits __________ 1,239,280.74
U.S. Gov’t, deposits ____
25,998.06
Public funds ___________ 222,208.96
Total deposits__________ 4,028,378.83

T ota l_________________ $4,347,636.55

T o ta l________________ -$4,347,636.55

MONETTE STATE BANK, MONETTE
Population 981
Craighead County
Chartered Dec. 29, 1936
Telephone No. 486-5493
Transit No. 81-724
Officers

Directors

Claude F inch_____________ President Nathan Deutsch Charles Frierson, III
Donald Kirksey_______ Asst. Cashier Claude Finch
Ruth P.Latta
Thurman Miller_______ Asst. Cashier Charles Frierson
Verlene Fullen________ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$2,424,031.28
U.S. Gov’t, obligations__
108,028.13
Other bonds & securities 415,772.25
Furniture and fixtures __
7,784.52
Other real estate ______
1.00
Cash & due from banks 1,020,896.34
Other resources _______
638.47

Liabilities
Capital sto ck ___________$ 100,000.00
Surplus fu n d ___________
100,000.00
Undivided profits _______
89,709.48
Reserves _________________
61,781.01
Total capital a c c t._____

351,490.49

Demand deposits ______ 2,137,464.49
Time deposits __________ 1,084,451.67
U.S. Gov’t, deposits____
3,782.19
Public funds ___________ 399,963.15
Total deposits__________ 3,625,661.50

Total_______________ $3,977,151.99



Total_______________ $3,977,151.99

81

Forty-Eighth Report

COMMERCIAL LOAN AND TRUST COMPANY, MONTICELLO
Population 4,412
D rew County
Chartered Nov. 29, 1912
Telephone No. EM 7-6221
Officers

Transit No. 81-534

Directors

John B. P osey____________President J. A. Baxter
Joe McCloy ______ Exec. Vice Pres. J. F. Brann
Mrs. Mabel C. Sherry__Cashier and E. R. Lambert
Trust Officer L. D. Long
Mrs. Hazel Porter____ Asst. Cashier Joe McCloy

John B. Posey
James A. Ross
Joe Shelton
Virgil J. Trotter, Jr.

STATEMENT OF JUNE 30. 1962
Liabilities
Resources
Loans and discounts___$1,439,865.14
U.S. Gov’t, obligations__ 287,337.65
Other bonds & securities 790,546.29
Furniture and fixtures ..
6,540.78
Banking house ________
1.00
Cash & due from banks 576,996.40
Other resources _______
311.27

Capital stock ___________$ 60,000.00
Surplus fu n d ___________ 150,000.00
Undivided profits______
59,809.15
Reserves _______________
112,563.32
Total capital acct.______

Total deposits _________
T ota l_________________ $3,101,598.53

382,372.47

Demand deposits_______ 1,737,128.59
Time deposits___________ 695,264.21
U.S. Gov’t, deposits ____
26,924.26
Public funds____________ 259,909.00
2,719,226.06

T otal_________________ $3,101,598.53

UNION BANK AND TRUST COMPANY, MONTICELLO
Population 4.412
Drew County
Chartered Sept. 15, 1915
Telephone No. EM 7-3456
Transit No. 81-156
Officers

Directors

Charles W . D aniel----------- President
Mrs. Virginia Pierce--------Vice Pres.
Jimmie L. T aylor----------- Vice Pres.
Floyd L. Lance------------------- Cashier
Mrs. Aileen Coston___Asst. Cashier
James O. Smith_______ Asst. Cashier

R. A. Adcock
Wells Moffatt
Brown Calhoun
Dr. J. P. Price
George R. Campster
R. F. Trotter
Charles W . Daniel
Zach McClendon Adrian Williamson
M. F. Wright

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts___$1,844,368.13
Overdrafts _____________
799.85
U.S. Gov’t, obligations__ 431,281.75
Other bonds & securities 2,103,088.66
Furniture and fixtures ..
1.00
Banking house_________
1.00
Cash & due from banks „ 745,374.60
Other resources _______
1,023.73

Capital stock ___________$
Surplus fund ___________
Undivided profits______
Reserves _______________

100,000.00
100,000.00
153,582.11
454,513.63

Total capital acct.______

808,095.74

Demand deposits ______ 2,463,886.81
Time deposits __________ 1,369,095.06
U.S. Gov’t, deposits____
44,872.25
Public funds____________ 415,477.77
Deposits of banks______
24,511.09
Total deposits_________ 4,317.842.98

Total



$5,125,938.72

T o t a l_________________ $5,125,938.72

82

State of Arkansas: Bank Department

MORRILTON SECURITY BANK, MORRILTON
Population 5,997
Conway County
Chartered Nov. 19,1954
Telephone No. FL 4-4484
Officers
Claude M. Farish_______ ... President
Howard E. Jones__Exec. Vice Pres.
Ray W o o d _________________ Cashier
L. J. McLean__________Asst. Cashier

Transit No. 81-777

Directors
Osco Coleman
Nathan Gordon
W . G. Davis
Howard E. Jones
Claude M. Farish A. J. Meador
Mayo Gordon
Felix Schlosser
Edward Gordon, Jr.

STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___$1,441,234.64
Capital stock ___________$ 100,000.00
U.S. Gov’t, obligations__ 750,109.50
Surplus fund ___________ 100,000.00
Other bonds & securities 426,958.91
Undivided profits _____
60,957.21
Furniture and fixtures ..
23,694.55
Reserves _______________
12,669.00
Banking house_________
3,372.24
Total
capital
acct_______
273,626.21
24,617.99
Other real estate_______
Cash & due from hanks _ 602,247.08
Demand deposits ______ 1,494,834.80
Time deposits __________ 1,221,518.10
U.S. Gov’t, deposits ____
7,855.99
Public funds ___________ 206,099.81
Deposits of banks______
68,300.00
Total deposits_________
T o ta l_________________ $3,272,234.91

2,998.608.70

T ota l_________________ $3,272,234.91

THE FIRST STATE BANK, MORRILTON
Population 5,997
Conway County
Chartered Nov. 26, 1930
Telephone No. FL 4-4601
Transit No. 81-144
Officers
S. E. McReynolds-------------President
Cleo Cheek_______________ Vice Pres.
C. E. Linebarger__ Exec. Vice Pres.
H. J. Kordsmeier___________Cashier
Bill Davidson________ Asst. Cashier

Directors
C. E. Bridewell
C. E. Linebarger
Cleo Cheek
W . E. Love
Mrs. R. H. Dicken- S. E. McReynolds
horst
Louis Oates
Carroll W . Johnston

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts — $2,476,260.73 Capital stock ___________$ 150,000.00
Surplus fund ___________ 150,000.00
Overdrafts -------------------19.33
U.S. Gov’t, obligations__ 2,486,706.26
Undivided profits______
370,189.27
Reserves _______________
75,604.14
Other bonds & securities 1,208,801.51
Banking house ________
30,000.00
Total capital acct_______
745,793.41
Other real estate_______
16,201.00
Cash & due from banks .. 1,638,235.59
Demand deposits______ 4,417.948.16
Other resources________
9,627.40 Time deposits __________ 2,463,798.72
U.S. Gov’t, deposits____
Public funds ___________
Deposits of b a n k s_____

113,167.68
99,823.31
13,852.21

Total deposits__________ 7,108,590.08
Other liabilities________
11,468.33

Total_______________ $7,865,851.82



Total_______________ $7,865,851.82

83

F o r t y -E ig h t h R e p o r t

THE BANK OF MONTGOMERY COUNTY, MT. IDA
Population 564
Montgomery County
Chartered Nov. 27, 1930
Telephone No. TO 7-3491
Transit No. 81-404
Officers

Directors

R. A. R ice _____________ ___ President
J. A. R ic e __________ Vice President
R. B. Dettro________________ Cashier
Juanita Standridge __ Asst. Cashier

R. B. Dettro
J. A. Rice
R. A. Rice

STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts___$
Overdrafts _____________
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures__
Banking house________ ..
Other real estate_______
Cash & due from banks „
Other resources _______

Liabilities
719,546.95
170.12
518,779.22
228,822.37
3,600.00
1.00
3.00
355,377.09
1,935.94

Capital sto ck ___________$
Surplus fu n d ___________
Undivided profits______
Reserves _______________
Total capital acct_________

163,462.09

Demand deposits ________
Time deposits ___________
U.S. Gov’t, deposits____
Public funds_____________

799,179.08
619,344.40
18,915.30
227,334.82

Total deposits _________
T ota l_________________ $1,828,235.69

50,000.00
50,000.00
54,242.10
9,219.99

1,664,773.60

T ota l_________________ $1,828,235.69

THE PEOPLES BANK, MOUNTAIN HOME
Population 2,105
Baxter County
Chartered Aug. 10, 1906
Telephone No. 425-2166
Officers

Transit No. 81-402
Directors

Powers L. F ow ler_______ President Wylo Dyer
Neil N elson______________ Cashier
Powers L. Fowler
Charles A. Morton___Asst. Cashier Paul Morgan

Neil Nelson
Frank W olf

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$2,087,645.22
Overdrafts _____________
116.75
U.S. Gov’t, obligations _ 1,845,091.18
Other bonds & securities 826,287.98
Furniture and fixtures ..
16,403.15
Banking house ________
15,000.00
Other real estate_______
1.00
Cash & due from banks _ 1,201,314.76

Capital stock ___________$ 100,000.00
Surplus fu n d ___________ 125,000.00
Undivided profits______
143,231.54
Reserves _______________
36,674.19
Total capital acct_______

Total deposits_________

Total_______________ $5,991,860.04



404,905.73

Demand deposits______ 3,965,402.65
Time deposits __________ 1,063,963.37
U.S. Gov’t, deposits____
2,600.00
Public funds ___________ 554,988.29
5,586,954.31

Total________ _______$5,991,860.04

84

State of Arkansas: Bank Department

BANK OF MOUNTAIN VIEW, MOUNTAIN VIEW
Population 983
Stone County
Chartered July 21, 1915
Telephone No. CO 9-3419
Officers

Transit No. 81-403

Directors

Hubert Hinkle------------------President
H. S. Mabry, J r .____ Vice President
and Cashier
Bernice Beckham_____Asst. Cashier
Charles A. L o w e _____ Asst. Cashier

Glen Hinkle
Hubert Hinkle
H. S. Mabry, Jr.

G. R. Sansom
E. B. Watts

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts___$ 437,474.90
U.S. Gov’t, obligations__ 414,662.50
Other bonds & securities
99,906.25
Furniture and fixtures _
2,751.50
Banking house_________
300.00
Cash & due from banks.. 361,663.96

Capital stock ___________$ 25,000.00
Surplus fund ___________ 125,000.00
Undivided profits___________________ 67,752.04

Total capital acct.___________________ 217,752.
Demand deposits ______ 1,019,026.83
79,980.24
Public funds ___________
Total deposits __________ 1,099,007.07

T o ta l_________________ $1,316,759.11

T o ta l_________________ $1,316,759.11

BANK OF MULBERRY, MULBERRY
Population 934
Crawford County
Chartered Jan. 15, 1902
Telephone No. 2591
Transit No. 81-257
Officers

Directors

S. B. Stevinson___________President
B. J. Farmer
T. H. H ou se______ Exec. Vice Pres.
T. J. House
and Cashier
O. J. Kirksey
C. D. Chastain_______ Asst. Cashier

S. B. Stevinson

STATEMENT OF JUNE 30, 1962

Resources

Liabilities

Loans and discounts___$ 621,697.79
Capital stock ___________ $ 25,000.00
Overdrafts _____________
1,343.54 Surplus fu n d ___________
75,000.00
U.S. Gov’t, obligations ..
318,600.00 Undivided profits_______
89,057.69
Other bonds & securities
186,331.43
...
----- —
cn
Furniture and fixtures _
2,500.00 Total capital acct.----------189,057.691
Cash & due from banks _
Other resources -----------

1 ns’sq Demand deposits----------- 1,060,578.18
364,158.83 xime deposits__________
149,651.08
1,685.61 jj s Go„¥t deposits ____
7;812.40
Public funds____________
89,218.85

Total deposits__________ 1,307,260.51
Total



$1,496,318.20

Total

.$1,496,318.20

Forty-Eighth Report

85

PIKE COUNTY BANK, MURFREESBORO
Population 1,096
Pike County
Chartered Dec. 19, 1904
Telephone No. AT 5-4261
Officers
John Beavers_______ Chm. of Board
William L. A m is_________ President
Thomas Bridgeman_____ Vice Pres.
C. W . Darnall______________ Cashier
Cleo Risner___________Asst. Cashier
Clarine Turner_______ Asst. Cashier

Transit No. 81-405

Directors
William L. Amis
Clarence Anthony
John Beavers
Thomas Bridgeman

C. W . Darnall
Glenn Hickey
Carle Robbins

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,238,797.90
U.S. Gov’t, obligations _ 744,718.75
Other bonds & securities 390,272.45
Furniture and fixtures ..
20,219.80
Banking house_________
22,900.00
Cash & due from banks.. 767,121.15
Other resources _______
1,252.00

Capital sto ck ___________$ 50,000.00
Surplus fund ___________ 100,000.00
Undivided profits______
118,952.70
Total capital acct_______

268,952.70

Demand deposits ______ 1,576,074.59
Time deposits __________ 952,714.50
Public funds____________ 352,278.56
Total deposits__________ 2,881,067.65
Other liabilities _______

T o ta l_________________ $3,185,282.05

35,261.70

T o ta l_________________ $3,185,282.05

BANK OF NEWARK, NEWARK
Population 728
Independence County
Chartered Oct. 10,1944
Telephone No. Pilgrim 6-3221
Transit No. 81-748
Officers
J. L. Magness_____________President
Stella Edwards_________ Vice Pres.
Houston House_____________ Cashier

Directors
Mrs. Stella Edwards
J. W . Freeze
J. L. Magness

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts ___$ 282,171.54
U.S. Gov’t, obligations__ 202,000.00
Other bonds & securities
99,502.00
Furniture and fixture__
2,500.00
Banking house_________
7,500.00
Cash & due from banks.. 128,890.04

T o t a l_________________ $ 722,563.58



Liabilities
Capital sto ck ______
Surplus fund ______
Undivided profits

25.000. 00
25.000. 00
54,959.89

Total capital acct. —

104,959.89

Demand deposits__
U.S. Gov’t, deposits
Public funds ______
Deposits of banks .

531,557.83
4,789.85
69,605.72
11,650.29

Total deposits_________

617,603.69

Total

722,563.58

86

State of Arkansas: Bank Department

BANK OF NEW EDINBURG, NEW EDINBURG
Population 500
Cleveland County
Chartered Aug. 22, 1904 Teleph. No. Fordyce 352-2592 Transit No. 81-408
Officers

Directors

Ray Attwood_____________ President
W . K. Parham---------------- Vice Pres.
Geneva A ttw ood___________Cashier

Geneva Attwood
Ray Attwood
W . K. Parham

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$ 97,442.15
U.S. Gov’t, obligations__
182,952.00
Other bonds & securities
21,868.43
Furniture and fixtures ._
40.00
Banking house--------------75.00
Cash & due from banks„
123,539.41
Other resources________
198.05

T ota l_________

426,115.04

Capital stock ___________$
Surplus fu n d ___________
Undivided profits______

25,000.00
12,000.00
14,309.91

Total capital acct. _____

51,309.91

Demand deposits ______
Time deposits __________
U.S. Gov’t, deposits____
Public funds ___________

253,547.37
61,482.13
3,712.60
55,887.03

Total deposits _________

374,629.13

Other liabilities________

176.00

T o ta l_________________ $ 426,115.04

MERCHANTS AND PLANTERS BANK, NEWPORT
Population 7,007
Jackson County
Chartered March 20, 1946
Telephone No. JA 3-3601
Transit No. 81-756
Officers
P. L. Copeland--------------- President
L. H. Conditt_____ Exec. Vice Pres.
R. W . Sm ith_____________Vice Pres.
Ellen Steen________________ Cashier
Ada Marie M ink______ Asst. Cashier

Directors
R. C. Biggadike
D. H. Burton
P. L. Copeland
R. G. Holden
Paul K. Holmes

Leonidas Mack
W . A. McCartney
Ralph McDonald
Fred Pickens, Jr.

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts__ $2,964,772.83
Overdrafts _____________
3,268.32
U.S. Gov’t, obligations__ 783,523.45
Other bonds & securities 662,932.98
Furniture and fixtures ..
23,039.49
Banking house--------------95,836.66
Cash & due from banks.. 1,592,693.36
Other resources________
299.91

Liabilities
Capital sto ck ________ . _ $
Surplus fund ________ _
Undivided profits____ _
Reserves ______________

115,000.00
250,000.00
148,871.30
80,721.06

Total capital acct_____ ....

594,592.36

Demand deposits ____ ..... 3,241,412.63
Time deposits _______ ..... 1,477,448.29
U.S. Gov’t, deposits__ .... 105,770.90
Public funds______ ... .... 332,282.15
Deposits of banks____ .... 374,860.67
Total deposits_______ .... 5,531,774.64

T o t a l_________________ $6,126,367.00



T o ta l_______________ ....$6,126,367.00

87

Forty-Eighth Report

JOHN MATTHEWS COMPANY, NORTH LITTLE ROCK
(Not engaged in commercial banking)
Population 58,032
Chartered Feb. 16,1955

Pulaski County
Telephone No. SK 3-3455
Directors

Officers
John P. Matthews_______ President
Arthur H. Thom as______ Vice Pres.
Lucille Eggleston________ Secretary
Maurine H arris____ Asst. Secretary

John P. Matthews
John P. Matthews, Jr.
Martha D. Matthews

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$
Other bonds & securities
Furniture and fixtures Cash & due from banks..
Other resources _______

Liabilities
398,748.95
47,880.39
9,708.21
22,546.55
75,830.18

554,714.28

Total

Capital stock ---------------- $ 100,000.00
Surplus fu n d ---------------55,000.00
Undivided profits______
34,914.36
Reserves _______________
4,947.96
Total capital act__________

194,862.32

Borrowed m oney______
Other liabilities__________

57,000.00
302,851.96

T ota l....

___$ 554,714.28

THE TWIN CITY BANK, NORTH LITTLE ROCK
Population 58,032
Pulaski County
Chartered March 21, 1935
Telephone No. FR 5-5361
Transit No. 81-54
Officers

Directors

Henry O. T o p f___________President R. J. Rust
R. J. Rice _______________ Vice Pres. R. J. Rice
J. Grayson Dickson _______ Cashier Henry O. Topf
Ray Clifton___________Asst. Cashier
C. H. Fuller_______ ___Asst. Cashier

C. T. Wells
J. E. Wright

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$2,786,835.66
U.S. Gov’t, obligations__ 6,250,190.96
Other bonds & securities
45,535.54
Furniture and fixtures ..
3,627.03
Banking house_________
115,854.99
Cash & due from banks.. 2,198,950.66

Capital stock ___________$ 300,000.00
Surplus fu n d ___________ 150,000.00
Undivided profits______
376,690.26
Total capital acct_______

826,690.26

Demand deposits ______ 5,653,477.49
Time deposits __________ 3,664,249.70
U.S. Gov’t, deposits____
3,787.50
Public funds____________ 1,252,789.89
Total deposits_________ 10,574,304.58

Total______________ $11,400,994.84



Total______________ $11,400,994.84

88

State of Arkansas: Bank Department

MISSISSIPPI COUNTY BANK, OSCEOLA
Population 6,189
Mississippi County
Chartered March 15, 1928
Telephone No. LO 3-4511
Transit No. 81-387
Officers

Directors

C. B. W o o d _________ Chm. of Board R. C. Branch
J. E. C rain_______________ President J. E. Crain
J. W . F arris______ Exec. Vice Pres. W . J. Denton
H. F. Ohlendorf________ Vice Pres. J. W . Farris
C. L. Anderson, J r .________ Cashier
Mary E. Balloue_______ Asst. Cashier
Charles R. Wilks ____ Asst. Cashier
Fred F. Alexander____ Asst. Cashier
Nora W is e ____________ Asst. Cashier

A. Liverant
H. F. Ohlendorf
C. B. Wood

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$4,315,511.21
Overdrafts _____________
754.76
U.S. Gov’t, obligations__ 553,294.00
Other bonds & securities 489,107.75
Furniture and fixtures „
1,375.77
Banking house_________
49,251.00
Cash & due from banks.. 1,650,158.01
Other resources _______
1,000.00

Capital stock ___________$ 200,000.00
Surplus fund ___________ 300,000.00
Undivided profits______
197,642.28
Total capital acct_______

697,642.28

Demand deposits ______ 3,340,783.03
Time deposits __________ 1,989,468.98
110,433.66
U.S. Gov’t, deposits____
Public funds____________
922,124.55
Total deposits __________ 6,362,810.22

T o ta l_________________ $7,060,452.50

T o ta l_________________ $7,060,452.50

THE PLANTERS BANK, OSCEOLA
Population 6,189
Mississippi County
Chartered April 13, 1944
Telephone No. LO 3-2666
Transit No. 81-745
Officers

Directors

L. C. B. Y ou n g __________ President
C. E. D ean________ Exec. Vice Pres.
J. F. Herndon _____________ Cashier
Marjorie D o y le ______ Asst. Cashier

J. T. Cromer
C. E. Dean
H. J. Swift

Nathan Weinberg
L. C. B. Young

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $3,366,365.85
Overdrafts _____________
200.72
U.S. Gov’t, obligations _ 145,383.13
Other bonds & securities 906,566.72
Furniture and fixtures ..
36,009.91
Banking house ________
23,644.13
Other real estate_______
1.00
Cash & due from banks 830,686.60

Capital sto ck _______ ___$ 75,000.00
Surplus fund _______ ___
275,000.00
Undivided profits___ ___
73,709.25
Reserves ____________ ___
96,829.18
Total capital acct. __ ___

520,538.43

Demand deposits ___ ___ 2,073,261.00
Time deposits ______ ___ 2,217,255.44
U.S. Gov’t deposits__ ___
46,797.24
Public funds____________ 451,005.95
Total deposits ______ ___ 4,788,319.63

Total



$5,308,858.06

Total

$5,308,858.06

89

Forty-Eighth Report

BANK OF OZARK, OZARK
Population 1,965
Franklin County
Chartered June 9, 1937
Telephone No. MO 7-5421
Transit No. 81-727
Officers
W . A. Hudspeth__________ President
W . A. Hudspeth, J r ._____ Vice Pres.
and Cashier

Directors
Homer Hillard
Jeta Taylor
W . A. Hudspeth
Romie Wilson
W . A. Hudspeth, Jr.

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$ 527,887.32
Overdrafts _____________
2,185.94
U.S. Gov’t, obligations „ 2,004,179.50
Furniture and fixtures _
6,000.00
Banking house_________
8,000.00
Cash & due from banks 519,776.00

Capital sto ck _______ ___ $ 50,000.00
Surplus fund _______ ___ 100,000.00
Undivided profits __ ___
84,399.30
Total capital acct. _____

234,399.30

Demand deposits ___ ___ 2,670,753.00
150,736.74
Public funds _______ ___
Deposits of banks __ ___
10,000.00
Total deposits ______ ___ 2,831,489.74
Other liabilities ____

T ota l_________________ $3,068,028.76

2,139.72

T otal______________ ___$3,068,028.76

THE SECURITY BANK AND TRUST COMPANY, PARAGOULD
Population 9,947
Greene County
Chartered Feb. 5,1931
Telephone No. CEdar 6-7782
Officers

Transit No. 81-82

Directors

E. R. Brow ning________ President J. W . Alexander
J. A. Hancock ___________Vice Pres. E. R. Browning
Scott N o e l_________________ Cashier Earl Gramling
Mary Bynum__________Asst. Cashier J. A. Hancock
Reba N eely __________ Asst. Cashier

Scott Noel
Donald I.
Purcell
L. G. Staub
Ike Willcockson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$2,205,961.55
Overdrafts _____________
46.15
U.S. Gov’t, obligations „ 1,530,917.13
Other bonds & securities 576,036.11
Furniture and fixtures ..
6,356.12
Banking house ________
2,125.00
Cash & due from banks 1,345,211.04

Capital stock ___________$ 100,000.00
Surplus fund ___________ 200,000.00
Undivided profits______
165,148.46
Reserves _______________
75,000.00
Total capital acct. _____

540,148.46

Demand deposits ______ 2,452,310.85
Time deposits _________ 2,181,965.04
U.S. Gov’t, deposits____
49,380.87
Public funds ___________ 328,276.09
Deposits of banks______
108,548.44
Total deposits_________ 5,120,481.29
Other liabilities _______

T o t a l_________________ $5,666,653.10



6,023.35

T o t a l_________________$5,666,653.10

90

State o f Arkansas: Bank Department

BANK OF PARKDALE, PARK DALE
Population 448
Ashley County
Chartered Feb. 1,1910
Telephone No. GR 2-2181
Officers

Transit No. 81-416

Directors

J. A. W illia m s _____________President
J. H. C a ld w ell___________ Vice Pres.
J. P. C a ld w e ll_______________ Cashier

J. H. Caldwell
J. P. Caldwell
J. A. W illiam s

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discoun ts___ $ 253,540.32
Overdrafts ______________
893.68
U.S. Gov’t, obligations —
490,664.72
Furniture and fixtures ..
294.61
Cash & due from banks
145,028.42

Total

$890,421.75

Capital s t o c k ------------------$
Surplus f u n d ___________
Undivided profits _____
Reserves -------------------------

30,000.00
50,000.00
76,524.12
2,000.00

Total capital a c c t._______

158,524.12

Demand d e p o sits_______
Time deposits ---------------U.S. Gov’t, dep o sits____
Public f u n d s ___________

539,479.12
156,310.20
3,907.09
32,201.22

Total d ep o sits__________

731,897.63

Total

$890,421.75

FIRST STATE BANK, PARKIN
Population 1,489
Cross County
Chartered June 5, 1925
Telephone No. PL 5-5401

Transit No. 81-676

Officers

Directors

H. L. C oldren ______________ President
Mrs. G. D. C arter__Exec. Vice Pres.
Fred E. Brenner, J r .____ Vice Pres.
S. N. G r e e n ________________Cashier
E. H. B la k e ___________ Asst. Cashier

Fred E. Brenner, Jr.
John A. Brenner H. L. Coldren, Jr.
Mrs. G. D. Carters. N. Green
H. L. Coldren
Charles D. Thomas
N. E. Thomas

STATEMENT OF JUNE 30, 1962
Liabilities

Resources
Loans and d iscoun ts___$ 684,793.87
U.S. Gov’t, obligations__
254,000.00
Other bonds & securities
148,676.36
Furniture and fixtures „
6,702.12
Banking house _________
22,726.00
Cash & due from banks
336,700.15
Other r eso u rc es________
969.48

Capital s t o c k ___________ .$
Surplus fund ___________
Undivided p r o fits _______

50,000.00
75,000.00
82,119.90

Total capital a c c t._______

207,119.90

Demand deposits _______
Time deposits __________
U.S. Gov’t, d e p o sits____
Public funds ___________

768,105.04
341,680.22
8,483.49
126,102.62

Total d ep o sits__________ 1,244,371.37
Other liabilities_________

Total



$1,454,567.98

3,076.71

T o t a l________________ -$1,454,567.98

Forty-Eighth Report

91

BANK OF PEA RIDGE, PEA RIDGE
Population 380
Benton County
Chartered May 6,1911
Telephone No. GLendale 1-2175
Officers

Transit No. 81-468

Directors

Haskell W a lk e r ------------------President
Louise W alker __________ Vice Pres.
Eufaula A b b o tt____________ Cashier

Eufaula Abbott
Fred Abbott

Haskell Walker
Louise Walker

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts__ $ 282,414.62
Overdrafts ____________
314.17
U.S. Gov’t, obligations „
148,900.50
Other bonds & securities
17,000.00
Furniture and fixtures „
500.00
Banking house _________
Cash & due from banks
147,019.00

1.00

T o ta l____________________$596,149.29

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______

25,000.00
25,000.00
17,233.14

Total capital acct. _____

67,233.14

Demand deposits _______
Time deposits __________
Public fu n d s_____________
Deposits of b a n k s_______

376,993.81
80,990.52
50,931.82
20,000.00

Total deposits ________

528,916.15

T o t a l_________________

$596,149.29

THE PERRY COUNTY BANK, PERRYVILLE
Population 719
Perry County
Chartered Dec. 8, 1945
Telephone No. 5441
Officers

Transit No. 81-752

Directors

J. D. Farish
T. O. Spence
J. D. F a r is h ________________ President
H. E. V anD alsem __ Exec. Vice Pres. Mildred Farish
H. E. VanDalsem
J. H. M o ore____________________Cashier Joseph B. Lipsmeyer
Alice Holbrook ______ Asst. Cashier
J. H. Moore
M. J. VanDalsem
STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts ___$ 635,829.40
U.S. Gov’t, obligations
173,441.00
Other bonds & securities
109,947.53
Furniture and fixtures „
5,583.18
Banking house _________
10,326.73
Other real estate________
488.92
Cash & due from banks
422,992.40
Other resources ________
582.09

Liabilities

Capital stock ___________ $
25,000.00
Surplus fund
_________
35,000.00
Undivided p r o fits ____________________ 60,320.58
Total capital acct. _____

120,320.58

Demand deposits _______
Time deposits __________
U.S. Gov’t, d ep o sits____
Public funds ___________

886,767.65
190,449.63
1,753.73
134,011.35

Total d ep o sits__________ 1,212,982.36
Other liabilities ________

T o t a l_________________ $1,359,191.25



25,888.31

T o t a l_________________ $1,359,191.25

92

State o f Arkansas: Bank Department

PIGGOTT STATE BANK, PIGGOTT
Population 2,776
Clay County
Chartered March 10, 1930
Telephone No. L Y 8-2271
Officers

Transit No. 81-698

Directors

T . W . Leggett, J r ._______ President
T. W . Leggett, Jr. H. C. Robbins, Jr.
Juanita Litzelfelner ____ Vice Pres.
Juanita Litzelfelner
Janies L. M a g e e ___________ Cashier
G. W ill Reves
John Staples
Sam S tew art__________ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___ $1,316,008.08
750,000.00
U.S. Gov’t, obligations__
Other bonds & securities
499,468.81
Furniture and fixtures ..
17,848.16
Banking house _________
25,000.00
Cash & due from banks
527,019.15
Other resources_________
.83

Capital stock ________ ___ $ 100,000.00
Surplus fund ________ ___
100,000.00
Undivided profits __ ___
138,682.47
Reserves _____________ ___
75,000.00
Total capital a c c t.___ ___

413,682.47

Demand deposits ___ ___ 2,017,510.17
Time deposits _______ ___
412,396.37
U.S. Gov’t, deposits _ ___
23,029.50
268,635.69
Public funds ________ ___
Total d ep o sits_______ ___ 2,721,571.73
Other Liabilities

T o t a l__________________ $3,135,345.03

___

90.83

T o t a l_______________ ___$3,135,345.03

FIRST STATE BANK, PLAINVIEW
Population 548
Yell County
Chartered Jan. 12,1934
Telephone No. CR 2-3091
Officers

Transit No. 81-234

Directors

Ed I. McKinley, J r ._______President
W . J. C le m en t___________ Vice Pres.
W . E. W a t s o n _______________ Cashier
J. W . Marcum _________ Ast. Cashier

W . J. Clement
Mrs. Helen Harris
Ed I. McKinley, Jr.

Cleo Neuhart
Harold Snyder

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___$ 665,713.23
Overdrafts ______________
36.00
U.S. Gov’t, obligations__
467,949.25
Other bonds & securities
256,706.84
Furniture and fixtures „
13,995.50
Banking house _________
11,384.64
Other real estate _______
2.00
Cash & due from banks
253,725.62

40,000.00
Capital s t o c k ___________ $
Surplus f u n d ___________
40,000.00
Undivided p r o fits_______
174,564.56
Reserves ________________
15,000.00
Total capital acct________

269,564.56

Demand deposits _______
Time deposits __________
U.S. Gov’t, d ep o sits____
Public funds ___________

808,001.87
445,146.13
6,058.02
140,742.50

Total deposits __________ 1,399,948.52

T o t a l_________________ $1,669,513.08



T o t a l_________________ $1,669,513.08

Forty-Eighth Report

93

BANK OF POCAHONTAS, POCAHONTAS
Population 3,665
Randolph County
Chartered Oct. 31, 1903
Teleph. No. TW inoaks 2-5286
Transit No. 81-297
Officers

Directors

Harry A. B e lfo rd _________ President
F. E. Belford
J. R. Jackson ________Vice President
Harry A. Belford
G. B. Joh nson ___________ Cashier
E. C. Cox
Bill H olobaugh________Asst. Cashier

J. M. Futrell
J. R. Jackson
H. G. McNabb

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts___ $1,849,988.71
Overdrafts ______________
90.86
U.S. Gov’t, obligations__ 1,170,375.00
Other bonds & securities
632,293.08
Furniture and fixtures „
2,000.00
Other real estate________
13,000.00
Cash & due from banks „
836,248.84

Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
100,000.00
Undivided p r o fits_______
179,192.46
Total capital acct________

379,192.46

Demand deposits _______ 2,845,904.07
Time deposits __________
988,651.93
U.S. Gov’t, deposits-____
64,696.17
Public fu n d s_____________
209,925.56
Deposits of b a n k s_______
15,626.30
Total deposits __________ 4,124,804.03

T o t a l__________________ $4,503,996.49

T o t a l__________________ $4,503,996.49

PLANTERS AND STOCKMEN BANK, POCAHONTAS
Population 3,665
Chartered June 12,1962
Officers
O. W . M c F a ll------------------ President
Paul Morgan _____ Exec. Vice Pres.
& Cashier
Max P o e __________________ Vice Pres.
Mack A rch er______________Vice Pres.
Bobby L. T a y lo r _____ Asst. Cashier

Randolph County
Telephone No. T W 2-5252
Directors
Mack Archer
A. J. Baltz
W m . Baltz
Everett Bates
W . J. Barthel
Dr. Thomas DeClerk

O. W . McFall
Max J. Poe
Dallas Rowden
Fay Sallee
Dick Trammell

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Cash & due from banks ._$ 300,000.00

Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
100,000.00
Undivided p r o fits_______
100,000.00

Total _

______ $ 300,000.00
T o t a l___________________$ 300,000.00
Opened for Business August 10, 1962




94

State o f Arkansas: Bank Department

PORTLAND BANK, PORTLAND
Population 566
Ashley County
Chartered April 23, 1900
Telephone No. 2361
Officers

Transit No. 81-247

Directors

Gus P u g h _________________ President
R. B. N ew com e___________ Vice Pres.
C. E. L a rriso n _____ Exec. Vice Pres.
Mack B orgognoni___________ Cashier
Ray H ic k s ____________ Asst. Cashier

Benton Newcome
R. B. Newcome
Bob Pugh
Felix Pugh

George Pugh
Gus Pugh
Joe Pugh
Tom Pugh

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ i
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures „
Banking h o u se __________
Other real estate________
Cash & due from banks ..
Other resources_________

927,921.99
386,058.01
328,491.40
4,578.08

1.00
1.00

234,918.38
671.49

Capital s t o c k ------------------$ 100,000.00
100,000.00
Surplus f u n d ___________
Undivided p r o fits_______
217,569.69
Total capital acct........ ......

417,569.69

Demand deposits _______
870,364.78
Time deposits __________
518,367.67
Public fu n d s_______________
76,339.21
Total deposits __________ 1,465,071.66

Total

.$1,882,641.35

T o t a l__________________ $1,882,641.35

TH E PEOPLES BANK, PORTLAND
Population 566
Ashley County
Chartered Jan. 22, 1908
Telephone No. 2961
Officers

Transit No. 81-248

Directors

Victor E d w a r d s__________ President
George M. Brown
Mary Dean P u g h _________ Vice Pres.
Victor Edwards
J. M. T h a r p ________________Cashier
Edwin Gregory
Mildred P am p lin _____ Asst. Cashier

Leroy Naff
Mary Dean Pugh
J. M. Tharp

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts___$ 483,692.70
Overdrafts ______________
296.49
U.S. Gov’t, obligations__
311,000.00
Other bonds & securities
89,107.64
Furniture and fixtures ..
1,394.99
Cash & due from banks „
149,368.76
Other resources ________
1.00

Total



$1,034,861.58

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Reserves ________________

25,000.00
75,000.00
88,288.32
5,000.00

Total capital acct________

193,288.32

Demand deposits _______
Time d e p o sits__________
U.S. Gov’t, d ep o sits____
Public fu n d s_____________

493,700.75
271,472.77
8,401.77
67,997.97

Total d ep o sits__________

841,573.26

Total

$1,034,861.58

Forty-Eighth Report

95

CITIZENS BANK, POTTSVILLE
Population 250
Pope County
Chartered Aug. 13, 1913
Telephone No. GR 8-2431
Officers

Transit No. 81-551

Directors

Morton R a n k in ___________ President
G. C. O w e n s_______ Vice President
K. E. O w en s_______________ Cashier

G. C. Owens
K. E. Owens
Morton Rankin

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts — $ 280,696.85
Overdrafts .........................
520.92
U.S. Gov’t, obligations „
58,108.50
Other bonds & securities
27,052.08
Furniture and fixtures ..
101.00
Banking house _ _______
1.00
Cash & due from ban ks..
75,762.57
Other resources ________
70.00

T o t a l. .............................. $ 442,312.92

Capital s t o c k ..................... $
Surplus fund ___________
Undivided p r o fits_______
Reserves ______________

25,000.00
5,000.00
23,823.44
3,800.49

Total capital acct________

57,623.93

Demand deposits _______
Time d e p o sits__________
U.S. Gov’t, d ep o sits____
Public funds ___________

269,791.38
69,103.95
5,088.35
39,688.31

Total d ep o sits__________

383,671.99

Other liabilities ________

1,017.00

T o t a l_________________ $ 442,312.92

TH E FARMERS AND MERCHANTS BANK, PRAIRIE GROVE
Population 1,056
Washington County
Chartered Aug. 29,1904
Teleph. No. VInewood 6-1421
Transit No. 81-256
Officers

Directors

D. E. R i e f f ______________ President
W . H. M o c k _________ Vice President
W . H. T h o m p so n ___________ Cashier
Lorene J o n e s_________ Asst. Cashier
Mildred B r o y les______ Asst. Cashier

Argil Bartholomew
W . H. Mock
Barry H. Parks

D. E. Rieff
Frank Riggall

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,684,500.96
Overdrafts ______________
51.45
U.S. Gov’t, obligations__
305,924.00
Other bonds & securities
658,956.36
Furniture and fixtures ..
5,001.00
Banking h o u se__________
21,000.00
Cash & due from ban ks..
758,813.65
Other resources_________
833.72

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______

30,000.00
100,000.00
183,920.08

Total capital acct________

313,920.08

Demand deposits _______ 1,428,360.26
Time deposits __________ 1,444,869.77
U.S. Gov’t, d ep o sits____
20,550.41
Public fu n d s_____________
227,380.62
Total d ep o sits__________ 3,121,161.06

Total



$3,435,081.14

Total

...$3,435,081.14

96

State o f Arkansas: Bank Department

BANK OF PRESCOTT, PRESCOTT
Population 3,533
Nevada County
Chartered Aug. 10, 1904
Telephone No. 887-2688
Transit No. 81-140
Officers

Directors

Olen Hendrix ______________President
W . R. H am bright__Exec. Vice Pres.
W ren S c o tt_______________ Vice Pres.
M. D. Tippit ________________ Cashier
Mrs. Elizabeth W . C r a in ______ : Asst.
Cashier
Mrs. Emogene W . D a v is _______ Asst.
Cashier

Thos. M. Bemis
W . R. Hambright
Olen Hendrix
Dr. J. B. Hesterly

Dr. A. W . Hudson
Guss McCaskill
W ren Scott
J. B. W ingfield

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___$1,793,049.59
1,069.44
Overdrafts ______________
U.S. Gov’t, obligations__ 1,486,906.25
Other bonds & securities 1,256,033.17
Furniture and fixtures ..
40,650.00
Banking h o u se__________
100,000.00
5,001.00
Other real estate________
Cash & due from banks _
880,186.46
Other resources_________
773.60

Capital s t o c k ___________ $ 150,000.00
Surplus fund ___________
200,000.00
Undivided p r o fits_______
203,682.62
Total capital acct________

553,682.62

Demand deposits _______ 3,042,035.23
Time deposits __________ 1,254,860.01
U.S. Gov’t, d ep o sits____
171,058.28
Public funds ___________
522,033.37
Deposits of b a n k s_______
20,000.00
Total deposits __________ 5,009,986.89

T o t a l__________________ $5,563,669.51

Total

$5,563,669.51

BANK OF QUITMAN, QUITMAN
Population 305
Cleburne County
Chartered Aug. 15,1903
Telephone No. JU 9-2401
Transit No. 81-424
Officers

Directors

Ben F. C la r k ______________President
W . H. M c N a ir ___________ Vice Pres.
N. H. T a r v e r _______________Cashier
Edith Ellis ____________ Asst. Cashier
Corine C la r k ___________ Asst. Cashier
Fay A. T r a w ic k ________ Asst. Cashier

J. A. Bailey
Ben F. Clark
Edith Ellis

W . H. McNair
N. H. Tarver

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $ 370,722.27
312.46
Overdrafts ______________
U.S. Gov’t, obligations__
565,612.50
Other bonds & securities
185,908.37
Furniture and fixtures „
3,500.00
Banking h o u se__________
12,500.00
Cash & due from ban ks..
259,557.25

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______

25,000.00
25,000.00
75,339.51

Total capital a c c t._______

125,339.51

Demand deposits _______
Time deposits __________
U.S. Gov’t, d ep o sits____
Public fu n d s_____________

815,157.82
398,874.38
849.90
57,891.24

Total d ep o sits__________ 1,272,773.34

Total



$1,398,112.85

Total

$1,398,112.85

97

Forty-Eighth Report

THE BANK OF RECTOR, RECTOR
Population 1,757
Clay County
Chartered Nov. 15, 1930
Telephone No. 3491
Officers

Transit No. 81-173

Directors

J. C. H a rd in _______________ President
J. C. Hardin
J. A. M a rla r________Exec. Vice Pres.
J. A. Marlar
E. M. P u rcell____________ Vice Pres.
E. M. Purcell
Mary Lee H i l l _____ Asst. Vice Pres.
and Cashier
Berna Nell B en so n ___ Asst. Cashier
Mary W a g n e r ___________________ Asst.Cashier
R. D. C ran ford __________________ Asst.Cashier
STATEMENT OF JUNE 30. 1962
Liabilities
Resources
Loans and discounts__ $1,535,077.90
Capital s t o c k ___________ $
50,000.00
132,500.00
Surplus fund ___________
Overdrafts ______________
955.77
Undivided p r o fits_______
29,696.20
U. S. Gov’t, obligations ..
80,848.75
Other bonds & securities
991,189.09
Reserves ________________
228,175.17
Furniture and fixtures _
8,539.33
Total capital a c c t._______
440,371.37
4,550.00
Other real estate________
Cash & due from banks _
550,836.52
Demand deposits_____
1,643,188.88
Other resources ________
4,406.00
Time deposits __________
839,327.10
U.S. Gov’t, deposits ____
6,419.63
Public fu n d s_____________
193,265.49
Deposits of b a n k s_______
53,830.89
Total deposits __________ 2,736,031.99
T o t a l__________________ $3,176,403.36

Total

$3,176,403.36

FARMERS AND MERCHANTS BANK, REYNO
Population 348
Randolph County
Chartered Dec. 8, 1911
Telephone No. T W 2-3511
Transit No. 81-427
Officers
F. E. B e lfo rd ____________ President
Joe T. W ilson ____ Exec. Vice Pres.
Otistean M cG uire___________ Cashier
Theda F ergu son _______Asst. Cashier
Ida Mae B row n fiel____ Asst. Cashier

Directors
F. E. Belford
H. A. Belford
J. M. Futrell

J. R. Jackson
Joe T. Wilson

STATEMENT OF JUNE 30. 1962
Liabilities
Resources
Loans and discounts___$ 441,185.20
Capital s t o c k ___________ $
25,000.00
Surplus f u n d ___________
25,000.00
Overdrafts ______________
4.67
U.S. Gov’t, obligations__
299,656.00
Undivided p r o fits_______
29,456.90
Other bonds & securities
39,136.96
Reserves ________________
20,000.00
Furniture and fixtures „
2,632.00
Total capital a c c t._______
99,456.90
Banking h o u se__________
1.00
Cash & due from banks „
384,456.34
Demand deposits _______
864,587.28
Time deposits __________
79,190.13
U.S. Gov’t, d ep o sits____
5,045.99
Public fu n d s_____________
118,791.87
Total deposits __________ 1,067,615.27

T o t a l_________________ $1,167,072.17



Total

$1,167,072.17

98

State o f Arkansas: Bank Department

TH E BANK OF RISON, RISON
Population 889
Cleveland County
Chartered March 7, 1932
Telephone No. FA 5-6251
Transit No. 81-428
Officers

Directors

Herman D a v id so n ________ President
J. E. G oggans_____________Vice Pres.
James L. M o o r e __________ Vice Pres.
James R. H o p so n __Asst. Vice Pres.
Hazel S m ith ________________Cashier
Mary B. Stephens_____ Asst. Cashier

Herman Davidson James L. Moore
J. E. Goggans
Max M. Smith
J. E. McCoy

STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___$
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures „
Banking house__________
Other real estate________
Cash & due from ban ks..
Other resources ________

483,851.93
404,755.00
363,356.95
4,563.13
2,910.00
8.00
267,586.66
801.25

Captital stock __________ $
25,000.00
Surplus fund ___________
50,000.00
171,512.59
Undivided p r o fits_______
Reserves ________________
16,889.66
Total capital acct.............

263,402.25

Demand deposits _______
Time deposits___________
U.S. Gov’t, d ep o sits____
Public fu n d s_____________

790,965.18
314,384.94
1,581.00
157,499.55

Total d ep o sits__________ 1,264,430.67
T o t a l__________________ $1,527,832.92

T o t a l__________________ $1,527,832.92

FARMERS AND MERCHANTS BANK, ROGERS
Population 5,700
Benton County
Chartered March 13, 1956
Telephone No. ME 6-4233
Transit No. 81-782
Officers

Directors

C. L. G a rrett_______________President
Dorman F. B u sh on g___________ Exec.
Vice Pres.
Hardy A. Stephenson________Cashier
Opal R inebarger_____ Asst. Cashier
Paul L. N e a l __________ Asst. Cashier

Dorman F. Bushong
C. L. Garrett
Vance Hill
Dr. James L. Pickens

John A. Rife
Carl Shores
F. A. Teague

STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts____ $1,670,685.50
8.91
Overdrafts ______________
U.S. Gov’t, obligations__
779,656.25
Other bonds & securities
246,066.46
Furniture and fixtures ..
23,171.94
Banking h o u se__________
31,194.43
Cash & due from ban ks..
672,861.70
Other resources_________
2,129.25

Capital s t o c k ___________ $ 100,000.00
50,000.00
Surplus f u n d ___________
Undivided p r o fits_______
136,210.83
Reserves ________________
40,251.77
Total capital a c c t._______

326,462.60

Demand deposits
..... 2,035,345.71
Time deposits
741,970.30
U.S. Gov’t, d ep o sits____
87,638.40
Public funds ___________
232,980.49
Total d ep o sits__________ 3,097,934.90
Other liabilities_________

Total



.$3,425,774.44

Total

1,376.94

$3,425,774.44

99

Forty-Eighth Report

PEOPLES EXCHANGE BANK, RUSSELLVILLE
Population 8,921
Pope County
Chartered March 24, 1890
Telephone No. W O 7-2112
Officers

Transit No. 81-118

Directors

Donald B arger_____________President
Bert M u llens______________Vice Pres.
W ayne C la r k _____________Vice Pres.
John T. Little ____________ Cashier
Chas. F. H o w e ll_______Asst. Cashier
Hazel G. L ittle_________ Asst. Cashier

Donald Barger
Cleo Cheek
G. M. Cook
A. M. Embry
Chas. M. Howell

Ike A. Laws
Dr. Roy I. Millard
Flave W . Peters
Hence J. Priddy
J. Madison White

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $3,583,659.91
U.S. Gov’t, obligations .. 2,425,805.25
Other bonds & securities 1,508,708.66
Furniture and fixtures ..
47,420.34
Banking house _________
255,486.02
Other real estate________
1.00
Cash & due from banks __ 2,452,727.20
12,685.09
Other resources ________

Liabilities
Capital s t o c k ___________ $ 200,000.00
200,000.00
Surplus f u n d ___________
Undivided p r o fits_______
586,763.08
Total capital acct........ ......

986,763.08

Demand deposits _______ 4,209,566.63
Time deposits __________ 4,159,463.40
U.S. Gov’t, deposits_____
92,299.10
430,034.22
Public funds ___________
Deposits of b a n k s_______
408,367.04
Total deposits __________ 9,299,730.39

T o t a l_________________ $10,286,493.47

T o t a l_________________ $10,286,493.47

THE BANK OF RUSSELLVILLE, RUSSELLVILLE
Population 8,921
Pope County
Chartered Dec. 23, 1897
Telephone No. W O 7-1234
Officers

Transit No. 81-119

Directors

G. Harold N e a l__________President
M. J. H ick e y __________ Sr. Vice Pres.
Robert H. P arker_________ Vice Pres.
and Cashier
Bobby Joe R oderick___Asst. Cashier
James A. H a rd in ______ Asst. Cashier
Lucille H ig h fill_______ Asst. Cashier

E. C. Bradley
M. J. Hickey
G. Harold Neal
Robert H. Parker

Joe H. Paulk
Floyd Ragsdale
L. R. Roberts

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$3,553,947.28
U.S. Gov’t, obligations__ 1,662,556.50
Other bonds & securities 1,336,346.06
Furniture and fixtures ..
85,000.00
Banking h o u se__________
145,000.00
Other real estate________
4.50
Cash & due from banks.. 1,715,159.30
Other resources ________
1,149.88

Liabilities
Capital s t o c k ___________ $ 100,000.00
Surplus fund ___________
200,000.00
Undivided p r o fits_______
400,383.17
Total capital acct___ ____

700,383.17

Demand deposits _______ 3,279,158.60
Time deposits __________ 4,163,841.61
U.S. Gov’t, d ep o sits____
65,487.11
Public funds ___________
260,552.68
Deposits of b a n k s_______
29,740,35
Total deposits __________ 7,798,780.35

T o t a l_________________ $8,499,163.52



Total

$8,499,163.52

100

State o f Arkansas: Bank Department

BANK OF SALEM, SALEM
Population 713
Fulton County
Chartered Dec. 9, 1908
Telephone No. T W 5-3204
Officers

Transit No. 81-430

Directors

Jim H um phries___________ President
Fay Castleberry
Jim Humphries
Fay Castleberry___ Exec. Vice Pres.
George Humphries Corwin Mosey
Corwin M o se y ____________ Vice Pres.
W . R. Castleberry_______________ Vice Pres.
H. J. H um ph ries________ Vice Pres.
Cuthbert P ick ren _________ Vice Pres.
George H um ph ries_______ Cashier
Bess O. N orthcutt____ Asst. Cashier
Richard H um phries__Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $
Overdrafts ______________
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures ..
Banking h ou se__________
Cash & due from ban ks..

Liabilities
934,182.81
831.12
677,722.00
320,124.36
13,937.45
9,936.02
668,395.01

Capital s t o c k ___________ $
50,000.00
Surplus fund ___________
50,000.00
148,312.64
Undivided p r o fits_______
Total capital acct________

248,312.64

Demand deposits________ 1,561,618.77
Time deposits __________
441,562.62
U.S. Gov’t, d ep o sits____
17,824.63
Public fu n d s_____________
355,810.11
Total d ep o sits__________ 2,376,816.13

T o t a l__________________ $2,625,128.77

T o t a l___________________$2,625,128.77

LOGAN COUNTY BANK, SCRANTON
Population 229
Logan County
Chartered April 7, 1926
Telephone No. Y E 8-2511
Officers
Frank A h n e _______________ President
Afton M itch ell___________ Vice Pres.
Joe F r itsc h e _______________ Cashier

Transit No. 81-686

Directors
Frank Ahne
Frank Drum
Roy Drum
Joe Fritsche

J. B. Layes
Ross Martin
Afton Mitchell

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___ $ 299,187,13
Overdrafts ______________
545.42
U.S. Gov’t, obligations__
564,829.11
Furniture and fixtures ..
715.94
Banking h ou se__________
738.74
Cash & due from ban ks..
171,720.96
Other resources_________
256.20

T o t a l_________________ $1,037,993.50



Liabilities
Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Reserves ________________

25,000.00
15,000.00
77,147.54
1,020.46

Total capital acct___ ___

118,168.00

Demand deposits _______
Time deposits __________
U.S. Gov’t, d ep o sits____
Public fu n d s_____________

703,375.23
176,112.57
5,868.73
34,468.97

Total d ep o sits__________

919,825.50

T o t a l_________________ $1,037,993.50

Forty-Eighth Report

101

SECURITY BANK, SEARCY
Population 7,272
White County
Chartered Feb. 6, 1932
Telephone No. CH 5-5831
Transit No. 81-153
Officers
Directors
_________ President
Truman Baker
M. O. Thompson
E. 0 . Yancey _
E. M. Tw yford
Exec. Vice Pres,
B. C. Huddleston
E. M. Tw yford
and Cashier
Joe S. Pierce
Ray A. Yarnell
E. O. Yancey
K. B. Rand
J. W . Sanford
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___ $3,160,687.15
Capital s t o c k ___________ $ 150,000.00
4,469.09
250,000.00
Overdrafts ______________
Surplus fund ___________
U.S. Gov’t, obligations__
875,006.88
Undivided p r o fits_______
254,417.32
Other bonds & securities
765,477.56
Reserves ________________
29,734.24
Furniture and fixtures „
59,000.00
Total
capital
acct________
684,151.56
Banking h o u se__________
105,000.00
Other real estate________
7,000.00
Demand deposits _______ 3,438,035.06
Cash & due from banks.. 1,365,624.73
Time deposits __________ 1,327,390.11
Other resources_________
2,400.00
U.S. Gov’t, d ep o sits____
182,721.52
Public funds ___________
385,617.73
Deposits of b a n k s_______
326,749.43
Total d ep o sits__________ 5,660,513.85
Total

$6,344,665.41

T o t a l__________________ $6,344,665.41

THE SEARCY BANK, SEARCY
Population 7,272
W hite County
Chartered May 1, 1943
Telephone No. CH 5-2461
Transit No. 81-154
Officers
Directors
E. P. P yg a tt_______________ President
Cal Aclin
E. P. Pyeatt
J. J. P y e a tt_________Exec. Vice Pres.
J. T. Cone
J. J. Pyeatt
Frank S. L ea v itt_________ Vice Pres.
M. M. Garrison
Phil Pyeatt
and Cashier Frank Leavitt
W ayne Pyeatt
Joe T. O’Guin ____ Asst. Vice Pres.
J. E. Lightle, Jr.
HubertSmith
Marian S ch w arz
Asst. Vice Pres.
Wayne H artsfield
Asst. Vice Pres.
Majors P icken s________ Asst. Cashier
Don B o g g s____________ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Loans and discounts___$3,634,600.54
Capital s t o c k ___________ $ 200,000.00
Overdrafts ______________
66.83
200,000.00
Surplus fund ___________
U.S. Gov’t, obligations__ 1,798,752.02
Undivided p r o fits_______
365,868.93
Other bonds & securities 1,720,817.82
Reserves ________________
105,717.54
Furniture and fixtures „
23,751.82
Total capital acct________
871,586.47
Banking h ou se__________
10,000.00
Other real estate________
15,000.00
Demand deposits _______ 4,697,477.98
Cash & due from banks - 1,543,355.73
Time deposits __________ 2,215,986.17
Other resources ________
391.73
U.S. Gov’t, deposits_____
119,585.26
Public fu n d s_____________
757,460.08
Deposits of b a n k s_______
84,640.53
Total deposits __________ 7,875,150.02

T o t a l_________________ $8,746,736.49



T o t a l_________________ $8,746,736.49

102

State o f Arkansas: Bank Department

GRANT COUNTY BANK, SHERIDAN
Population 1,938
Grant County
Chartered July 29, 1903
Teleph. No. WHitehall 2-0251
Officers

Transit No. 81-432

D irectors.

J. A. M c C o y ----------------------- President
A. L. B la k e ly ----------------- Vice Pres.
Coats A. M itch ell------------------Cashier
D. E. McCoy, J r ._____Asst. Cashier
Jessie Lee M itch ell___ Asst. Cashier
Margaret Harrington __ Asst. Cashier

A. L. Blakely
D. E. McCoy, Jr.
D. E. McCoy, Sr.

J. A. McCoy
Coats A. Mitchell

STATEMENT OF JUNE 30. 1962
Resources
Loans and discoun ts___ $ 746,719.10
U.S. Gov’t, obligations__
612,458.58
Other bonds & securities
438,245.90
Furniture and fixtures „
10,947.87
Banking h o u se__________
24,173.53
Cash & due from ban k s..
552,125.90

Liabilities
Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Reserves ________________

50,000.00
50,000.00
294,381.21
24,308.60

Total capital a c c t._______

418,689.81

Demand deposits _______ 1,480,975.80
Time deposits __________
268,551.69
U.S. Gov’t, d ep o sits____
22,238.38
Public fu n d s_____________
193,450.99
Deposits of b a n k s_______
764.21
Total deposits __________ 1,965,981.07
T o t a l__________________ $2,384,670.88

T o t a l __________________$2,384,670.88

BANK OF SIDNEY, SIDNEY
Population 97
Sharp County
Chartered Sept. 23, 1912
Telephone No. AT 3-5295
Officers
Thomas A. B o n e __________ President
R. C. Pounders _________ Vice Pres.
Atalee C. P ou n ders_________ Cashier

Transit No. 81-522

Directors
Thomas A. Bone
Atalee C. Pounders
R. C. Pounders

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts — $
12,833.74
Overdrafts ______________
70.20
U.S. Gov’t, obligations__
250,000.00
Furniture and fixtures
1.00
Banking h ou se__________
1.00
Cash & due from banks
70,854.90

T o t a l__________________ $333,760.84



Liabilities
Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______

5,000.00
11,000.00
7,440.30

Total capital acct________

23,440.30

Demand deposits _______
Public fu n d s_____________

308,732.09
1,588.45

Total deposits __________

310,320.54

T o t a l___________________ $333,760.84

103

Forty-Eighth Report

ARKANSAS STATE BANK, SILOAM SPRINGS
Population 3,953
Benton County
Chartered Jan. 12, 1960
Telephone No. 524-4131
Transit No. 81-785

Officers

Directors

Graydon E. Com stock____ President
W allace G. S to n e_________ Vice Pres.

C. Ralph Jones
M. H. Simmons
Delbert E. Allen
Wallace G. Stone
Graydon E. Comstock

STATEMENT OF JUNE 30, 1962

Resources

Liabilities

Loans and discounts___$1,158,226.94
395.71
Overdrafts ______________
U.S. Gov’t, obligations__
378,856.51
Other bonds & securities
95,188.88
Furniture and fixtures „
23,509.11
Banking house _________
23,573.73
Cash & due from banks
645,669.35
Other reso u rces________
194.53

Capital s t o c k ---------------- ..$ 100,000.00
Surplus f u n d __________ _
75,000.00
Undivided profits _ . .._
44,415.65
Reserves ...........
_ .
15,809.99
Total capital acct. ______

235,225.64

Demand deposits _______ 1,024,895.00
Time deposits____________ 734,573.08
U.S. Gov’t, deposits____
39,371.60
Public funds __________ _ 277,527.25
Total d ep o sits_________ _ 2,076,366.93
Other liabilities________

T o t a l__________________ $2,325,614.76

14,022.19

T o t a l__________________..$2,325,614.76

BRATT-WASSON BANK, SILOAM SPRINGS
Population 3,953
Benton County
Chartered July 29, 1932
Telephone No. 524-5141
Transit No. 81-432

Officers
Tom W h itesid e___________ President
Field K. W asson ________ Vice Pres.
Marion K. W a s s o n _______ Vice Pres.
Arthur Melson, Jr. _________ Cashier
Elsie Su m n er_________ Asst. Cashier

Directors
Arthur Melson, Jr.
Elsie Sumner
Field Wasson

G. K. Wasson
Marion Wasson
Tom Whiteside

STATEMENT OF JUNE 30, 1962

Resources

Liabilities

Loans and discounts__ $2,417,062.91
1,995.36
Overdrafts ______________
U.S. Gov’t obligations__ 2,041,187.50
Other bonds & securities
326,675.76
Furniture and fixtures ..
29,932.57
Banking house _________
6,972.36
Cash & due from banks 1,049,627.84
Other resources_________
12,064.45

Capital s to c k ___________ $ 150,000.00
Surplus f u n d _____ _____150,000.00
Undivided p r o fits______
21,461.48
Reserves _______ _________ 137,409.99
Total capital acct............. .

458,871.47

Demand deposits ______ . 3,533,975.46
Time deposits _________ . 1,550,126.04
U.S. Gov’t deposits ___
60,509.00
Public funds .................... .
282,036.78
Total deposits _________ _ 5,426,647.28

T o t a l_________________ $5,885,518.75



T o t a l___________ _____ ..$5,885,518.75

104

State o f Arkansas: Bank Department

SMACKOVER STATE BANK, SMACKOVER
Population 2,434
Union County
Chartered April 28, 1928
Telephone No. PArk 5-3051
Officers

Transit No. 81-654

Directors

Max A. M itch am __________ President
L. E. Tennyson, J r .____ Vice Pres.
W . H. W hite, J r .____________ Cashier
W . H. A rm stron g ____ Asst. Cashier
Mrs. Audna L. W a r d __Asst. Cashier

Max A. Mitcham L. E. Tennyson, Jr.
Homer T. Rogers Richard H. Vickers
James M. Tennyson W . H. W hite, Jr.

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $1,744,316.25
U.S. Gov’t, obligations__
858,704.74
Other bonds & securities
638,789.14
Furniture and fixtures 27,513.28
Banking house _________
24,407.09
Cash & due from banks
895,274.99
2,007.02
Other resources_________

Capital s t o c k ___________ $ 150,000.00
Surplus fund ___________
150,000.00
Undivided p r o fits_______
143,504.28
Total capital acct. _____

443,504.28

Demand deposits________ 1,999,558.12
Time deposits __________ 1,468,418.64
U.S. Gov’t, deposits ____
63,688.03
Public fu n d s_____________
215,843.44
Total deposits __________ 3,747,508.23

Total

$4,191,012.51

Total

..$4,191,012.51

CITIZENS BANK, SMITHVILLE
Population 200
Lawrence County
Chartered March 23, 1901
Telephone No. LA 8-3516
Transit No. 81-434
Officers

Directors

R. S. R ain w ater___________ President
A. M. S ta r r _______________ Vice Pres.
Boyce D u r h a m ______________Cashier
Homer E. Mize _______Asst. Cashier

R. S. Rainwater
W m . Rainwater
Sloan Rainwater, Jr. J. M. Raney
Virginia Rainwater A. M. Starr

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discounts ___$ 338,944.05
U.S. Gov’t, obligations__
75,000.00
Other bonds & securities
191,337.69
Furniture and fixtures __
442.00
Banking h o u se__________
1.00
Cash & due from banks
85,107.33
Other resources_________
211.68

Total



$691,043.75

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______

25,000.00
25,000.00
93,978.04

Total capital a c c t._______

143,978.04

Demand deposits _______
Public funds ___________

443,837.52
51,588.01

Total deposits __________

495,425.53

Borrowed money _______
Other liabilities_________

50,000.00
1,640.18

Total

$691,043.75

Forty-Eighth Report

105

MERCHANTS AND PLANTERS BANK, SPARKMAN
Population 787
Dallas County
Chartered Sept. 9, 1916
Telephone No. 678-2251
Transit No. 81-581
Officers
Directors
Garland Gaston __________ President
Garland Gaston
Ray White
C. E. H a y s ______________ Vice Pres.
C. E. Hays
and Cashier
Benton Taylor
STATEMENT OF JUNE 30, 1962
Resources
Liabilities
Capital s t o c k ______
Loans and discounts___ $ 210,012.20
Surplus fund ______
470,000.00
U.S. Gov’t, obligations__
Other bonds & securities
64,182.43
Undivided profits ...
Furniture and fixtures ..
1,500.00
Total capital acct.
Banking house _________
250.00
Cash & due from banks
283,636.39
Demand deposits ...

T o t a l__________________ $1,029,581.02

25.000. 00
50.000. 00
36,849.90
111,849.90

Time deposits______
U.S. Gov’t deposits
Public funds ______

681,634.35
173,830.70
1,174.01
61,092.06

Total deposits __________

917,731.12

T o ta l__________________ $1,029,581.02

FIRST STATE BANK, SPRINGDALE
Population 10,076
Washington County
Chartered Feb. 12, 1923
Telephone No. PL 1-4681
Transit No. 81-856
Officers
Directors
Shelby Ford ______________ President
J. T. Bain
Mace D. Howell
J. T. Bain _________ Exec. Vice Pres.
C. B. Brogdon
Elmer Johnson
Elmer Joh n son ____________Vice Pres. R. E. Buck
Thurman Parsons
H. E. Schmieding
Joe M. S te e le ______________ Vice Pres. Shelby Ford
Mace D. Howell __________ Vice Pres. C. L. George
Dr. Friedman Sisco
R. E. B u c k _________________Cashier
Tom Hargis
Joe M. Steele
R. A. Bryant _________ Asst. Cashier
J. E. Hinshaw
A. P. Wilson
Marcella Sharum ____ Asst. Cashier
W ilm a Samuel ______ Asst. Cashier
Ross S to u t______________ Asst. Cashier
Robert Z. G oodw in ____ Asst. Cashier
STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts__ $4,358,526.21
Capital stock ___________ $ 200,000.00
U.S. Gov’t, obligations__ 1,486,279.38
Surplus fund ___________
100,000.00
Other bonds & securities
920,315.37
Undivided p r o fits_______
78,121.33
Furniture and fixtures „
114,664.14
Reserves ________________
60,000.00
148,819.38
Banking house _________
Total capital acct. _____
438,121.33
Other real estate________
1.00
Cash & due from banks 1,956,431.25
Demand deposits _______ 4,628,093.21
Other resources_________
1,440.29
Time deposits __________ 3,373,551.40
U.S. Gov’t, d ep o sits____
7,276.04
Public funds ___________
538,675.04
Total deposits __________ 8,547,595.69
Other liabilities_________
T o t a l__________________ $8,986,477.02




Total

760.00
$8,986,477.02

106

State o f Arkansas: Bank Department

BODCAW BANK, STAMPS
Population 2,591
Lafayette County
Chartered Dec. 8, 1902
Telephone No. LEnox 3-4492
Transit No. 81-436
Officers

Directors

J. C. C a b e _________________ President
R. T. B ou lw a re__________ Vice Pres.
C. C. R u sse ll_____________Vice Pres.
and Cashier
Jim Stevens----------------- Asst. Cashier

George F. Baker
R. T. Boulware
J. C. Cabe
Dr. Charles Cross

Sam Earle
C. C. Russell
A. 0 . Smith

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $1,077,212.46
U.S. Gov’t, obligations
767,159.38
Other bonds & securities
333,894.38
Furniture and fixtures ..
16,000.00
Banking h o u se__________
27,586.50
14.00
Other real estate________
Cash & due from banks 360,330.40
Other resources_________
3,492.92

50,000.00
Capital s t o c k ___________ $
Surplus fund ___________
200,000.00
Undivided profits _____
162,066.79
53,505.02
Reserves ________________
Total capital a c c t._______

465,571.81

Demand deposits _______
876,376.17
Time deposits------------------ 1,088,870.96
U.S. Gov’t, d e p o s its ___
16,678.85
Public f u n d s ___________
138,192.25
Total d ep o sits__________ 2,120,118.23

Total

$2,585,690.04

T o t a l__________________ $2,585,690.04

BANK OF STAR CITY, STAR CITY
Population 1,760
Lincoln County
Chartered April 7,1925
Telephone No. MA 8-4214
Transit No. 81-437
Officers

Directors

W . R. A lsobro o k __________ President
Clyde E. F i s h ___________ Vice Pres.
G. D. Smith, S r . _______ Vice Pres.
Hubert E astham _____________Cashier
Mrs. Anneta M o o re___ Asst. Cashier
Bobby O ak ley_________ Asst. Cashier

Bobby Alsobrook
Clyde E. Fish
W . R. Alsobrook
G. D. Smith, Sr.
Mrs. W . R. Alsobrook

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures „
Banking h ou se__________
Other real estate________
Cash & due from banks
Other resources_________

478,173.41
383,634.00
290,232.65
20,742.06
16,504.00
21,796.42
457,206.05
911.97

Capital s t o c k ___________ $
Surplus f u n d ___________
Undivided p r o fits_______
Reserves ________________

50,000.00
150,000.00
21,722.48
18,272.71

Total capital acct. _____

239,995.19

Demand deposits _______
Time deposits __________
U.S. Gov’t, d ep o sits____
Public fu n d s_____________

855,836.44
417,238.00
4,000.00
152,130.93

Total deposits __________ 1,429,205.37

Total



$1,669,200.56

Total

$1,669,200.56

107

Forty-Eighth Report

THE STEPHENS SECURITY BANK, STEPHENS
Population 1,275
Ouachita County
Chartered Feb. 8, 1946
Telephone No. ST 6-5416
Transit No. 81-755
Officers

Directors

Charles T. R e v e le y _______President
Guy C. P ru itt____________ Vice Pres.
T. E. E v a n s ________________Cashier
DeLois C ham bers____ Asst. Cashier

T. E. Evans
Charles T. Reveley
G. W . Haltom
Guy R. Smith
H. G. Hearnsberger, Jr.
Guy C. Pruitt
Joe J. Wade

STATEMENT OF JUNE 30. 1962
Resources

Liabilities

Loans and discoun ts__ $ 623,805.44
746,276.33
U.S. Gov’t, obligations__
Other bonds & securities
175,263.49
Furniture and fixtures ..
7,349.78
Banking house _________
12,224.73
Cash & due from banks
296,071.88
Other resources_________
570.11

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Reserves ________________
Total capital acct......... .....

75,000.00
30,000.00
64,895.06
6,144.83
176,039.89

Demand deposits _______ 1,000,664.50
Time deposits___________.
481,196.42
U.S. Gov’t, d ep o sits____
44,985.49
Public fu n d s_____________
158,675.46
Total deposits __________ 1,685,521.87

T o ta l__________________ $1,861,561.76

T o t a l__________________ $1,861,561.76

CITIZENS BANK, STRONG
Population 741
Union County
Chartered Jan. 19,1931 Telephone No. SYcamore 7-7361
Officers

Transit No. 81-441

Directors

O. B. C la r k ______________ President
J. E. C oo p er_____________ „ Vice Pres.
B. F in n e y ________________
Cashier
Mrs. L. K. Robertson__Asst. Cashier

O. B. Clark
J. E. Cooper
B. Finney
C. H. Lewis

C. R. Mason
E. W . Smith

STATEMENT OF JUNE 30. 1962
Resources
Loans and discounts__ $
Overdrafts ______________
U.S. Gov’t, obligations ....
Other bonds & securities
Furniture and fixtures ..
Banking house _________
Other real estate________
Cash & due from banks

Liabilities
516,200.89
1.83
500,000.00
64,350.00
6,492.03
1.00
1.00
334,962.88

Capital stock ___________ $
Surplus fund . _________
Undivided p r o fits_______
Reserves ________________

50,000.00
50,000.00
122,436.67
5,366.29

Total capital a c c t._______

227,802.96

Demand deposits _______
Time deposits___________
U.S. Gov’t, d ep o sits____
Public funds ___________

795,912.45
240,684.09
9,689.34
116,861.17

Total deposits __________ 1,163,147.05
Other liabilities_________

T o t a l_________________ $1,422,009.63



31,059.62

T o t a l_________________$1,422,009.63

108

State o f Arkansas: Bank Department

TH E FARMERS AND MERCHANTS BANK, STUTTGART
Population 9,661
Arkansas County
Chartered Dec. 29, 1944 Telephone No. W Abash 2-1512 Transit No. 81-747
Officers

Directors

R. B. C u rtis_________ Chm. of Board
Edgar C. D ig g s ___________ President
D. B. D a v is _____________ Vice Pres.
Russell M cCollum ______ Vice Pres.
Artie Seidenschwarz _____ Cashier
Lela M. K a r k u r _______ Asst. Cashier
Adolf H ubm ann_______Asst. Cashier

W . C. Bogard
R. B. Curtis
D. B. Davis
Edgar Diggs
Russell McCollum

David McDonald
C. L. Pond, Jr.
D. W . Tweedy
Ralph W ilson

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $4,745,168.54
552.17
Overdrafts ______________
U.S. Gov’t, obligations__ 1,095,705.75
Other bonds & securities
771,285.62
Furniture and fixtures „
18,018.15
Banking house _________
110,000.00
1.00
Other real estate _______
Cash & due from banks 1,941,803.87
Other resources ________
2,050.64

Capital s t o c k ___________ $ 300,000.00
Surplus fund __________
225,000.00
Undivided p ro fits____________________ 217,261.
Reserves ________________
115,648.29

Total capital a c c t.____________________ 857,909.
Demand deposits _______ 4,574,332.27
Time deposits___________ 2,609,734.49
143,761.72
U.S. Gov’t deposits ____
Public fu n d s____________
498,847.32
Total deposits __________ 7,826,675.80

T o t a l__________________ $8,684,585.74

T o t a l___________________$8,684,585.74

CITIZENS BANK, TILLAR
Population 232
Drew County
Chartered July 28,1913
Telephone No. E X 2-2571
Officers

Transit No. 81-446

Directors

J. H. K im b r o ______ Pres. & Cashier
C. R. P r e w itt___________ Vice Pres.
Helen C la y to n ________Asst. Cashier

J. H. Kimbro
W iley A. McGehee

C. R. Prewitt
Hampton Pugh

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___ $ 288,148.35
150.01
Overdrafts ______________
U.S. Gov’t, obligations__
49,000.00
Other bonds & securities
226,293.34
Furniture and fixtures „
5,666.54
Banking house _________
5,653.23
Cash & due from banks
122,822.19
Other resources_________
288.98

Total



$698,022.64

Capital stock ___________ $
Surplus fund ___________
Undivided p r o fits_______

25,000.00
75,000.00
26,436.99

Total capital acct________

126,436.99

Demand deposits _______
Time deposits __________
U.S. Gov’t, deposits ____
Public funds ___________

360,536.10
101,432.39
5,522.85
104,094.31

Total d ep o sits__________

571,585.65

Total

$698,022.64

Forty-Eighth Report

109

BANK OF TRUMANN, TRUMANN
Population 4,511
Poinsett County
Chartered, Oct. 26, 1911
Telephone No. 7
Transit Number 81-488
Officers
R. H. T a y lo r ______________President
J. J. Purvis ______________ Vice Pres.
Earl Yarbrough _________ Vice Pres.
and Cashier
Clyde Robertson, Jr___ Asst. Cashier
Eugene P o u n d s_______Asst. Cashier

Directors
M. T. Byrn
Norris C. Taylor
J. F. Lady
R. H. Taylor
J. J. Purvis
Clyde Robertson, Jr.
J. C. Stuckey
Kenneth K.
Yarbrough
Earl Yarbrough

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts___$2,886,398.33
Capital s t o c k ___________ $
U.S. Gov’t, obligations
177,945.31
Surplus fund ___________
Other bonds & securities
295,326.40
Undivided p r o fits_______
Furniture and fixtures __
7,839.95
Reserves ________________
Banking house _________
8,490.00
Total capital acct. _______
Cash & due from banks 1,065,712.56

100,000.00
200,000.00
106,154.72
13,924.46
420,079.18

Demand deposits _______ 2,127,115.50
Time deposits___________ 1,558,829.47
23,136.80
U.S. Gov’t, deposits ____
Public fu n d s_____________
272,541.60
Deposits of b a n k s_______
40,000.00
Total deposits __________ 4,021,623.37
Other liabilities . . . ______
T o t a l__________________ $4,441,712.55

10.00

T o ta l___________________$4,441,712.55

BANK OF TUCKERMAN, TUCKERMAN
Population 1,539
Jackson County
Chartered Nov. 8, 1902
Telephone No. 349-2200
Transit No. 81-448
Officers
F. L. Penix _______ Chm. of Board
Van Smith ________________ President
Cornelius Adcox
Asst. Vice Pres.
Calvin W . W h itlo w _________ Cashier

Directors
O. B. Armstrong
J. L. Parrott
C. E. Harrison
F. L. Penix
R. 0 . Norris
Van Smith

STATEMENT OF JUNE 30. 1962
Resources
Liabilities
Loans and discounts__ $1,048,746.22
Capital s t o c k ___________ $
50,000.00
U.S. Gov’t, obligations__
439,950.00
Surplus fund ___________
60,000.00
Other bonds & securities
369,454.29
Undivided p r o fits_______
142,974.68
Furniture and fixtures __
1.00
Reserves ________________
408.58
Banking house _________
1.00
Total capital acct________
253,383.26
Cash & due from banks
367,698.24
Other resources_________
329.37
Demand deposits _______ 1,292,007.58
Time deposits __________
491,570.01
U.S. Gov’t, deposits_____
7,249.16
Public funds ___________
146,204.03
Deposits of b a n k s_______
35,766.08
Total deposits __________ 1,972,796.86

Total



2,226,180.12

T o t a l_________________ $2,226,180.12

110

State o f Arkansas: Bank Department

TYRONZA BANK, TYRONZA
Population 601
Poinsett County
Chartered Oct. 1, 1951
Telephone No. 3121
Transit No. 81-770
Officers

Directors

R. A. L y n c h _______________ President
D. F. W ylie ____________ Vice Pres.
Ernestine Sanders__________ Cashier
Harold M cD on ald____ Asst. Cashier

C. M. Beley
John H. Emrich
R. A. Lynch

H. F. Norcross
D. F. W ylie

STATEMENT OF JUNE 30, 1962

Resources

Liabilities

Loans and discoun ts__ $
U.S. Gov’t, obligations__
Other bonds & securities
Furniture and fixtures ..
Banking house _________
Cash & due from banks
Other resources ________

891,149.43
170,000.00
173,794.03
2,364.86
1.00
278,269.30
432.90

Capital s t o c k ___________ .$
Surplus fund ___________
Undivided p r o fits ______
Reserves _______________

50,000.00
30,000.00
65,164.78
11,817.88

Total capital acct..........

156,982.66

Demand deposits ______ .
Time deposits___________ .
U.S. Gov’t, d ep o sits____
Public funds ___________ .

657,287.49
409,422.91
13,540.54
278,777.92

Total deposits _________ . 1,359,028.86
T o t a l__________________ $1,516,011.52

T o t a l__________________ $1,516,011.52

CITIZENS BANK AND TRUST COMPANY, VAN BUREN
Population 6,787
Crawford County
Chartered Dec. 20,1910
Telephone No. GRanite 4-2331
Transit No. 81-101
Officers

Directors

B. M. Moody ------------------- President
Raymond Allen
Raymond Allen _________ Vice Pres.
Lonnie Batchelor
Henry B atch elo r__________ Cashier
Robert P. Geliy
Ruth C. Moody ______ Asst. Cashier

Robert W . Geliy
B. M. Moody
Ruth C. Moody

STATEM ENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discoun ts___$1,220,859.58
U.S. Gov’t, obligations__ 1,343,440.61
Other bonds & securities
669,831.04
Furniture and fixtures ..
1.00
7,500.00
Banking house _________
Other real estate _______
4,000.00
Cash & due from banks
585,764.04
Other resources_________
1.00

Capital s t o c k _________ _ $
Surplus fund _________ _
Undivided p r o fits ____ .....

100,000.00
100,000.00
109,212.63

Total capital acct. ___.....

309,212.63

Demand deposits ____ ..... 1,866,673.19
Time deposits _______ ..... 1,424,389.09
U.S. Gov’t, deposits
4,991.63
Public funds _________ ....
200,835.73
Total deposits ________ .... 3,496,889.64
Other liabilities______ ....

Total



$3,831,397.27

25,295.00

T o t a l____.___________ --$3,831,397.27

111

Forty-Eighth Report

PEOPLES BANK AND TRUST COMPANY, VAN BUREN
Population 6,787
C raw ford County
Chartered Aug. 12, 1933 Telephone No. GRanite 4-6501 Transit No. 81-100
Officers

Directors

J. J. Izard ________________ President
C. E. I z a r d _____________ Vice Pres.
Stewart C on dren ___________ Cashier

Stewart Condren Bessie Maud Izard
Carl Creekmore C. E. Izard
C. J. Franklin
J. J. Izard

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $1,609,777.08
Overdrafts ______________
1,109.39
U.S. Gov’t, obligations__ 1,286,102.00
Other bonds & securities
779,248.06
Furniture and fixtures ..
11,600.00
Banking house _________
26,000.00
Other real estate _______
18,000.00
Cash & due from banks
739,237.00
Other resources ________
3,946.66

Capital s t o c k ___________ $
50,000.00
100,000.00
Surplus f u n d ___________
Undivided p r o fits_______
140,107.23
Total capital acct. _____

290,107.23

Demand deposits _______ 2,264,872.45
Time deposits___________ 1,478,750.55
U.S. Gov’t, deposits ____
29,493.33
Public funds ___________
411,796.63
Total d e p o sits__________ 4,184,912.96

T o t a l__________________ $4,475,020.19

Total

$4,475,020.19

BANK OF WALDO, WALDO
Population 1,722
Columbia County
Chartered Sept. 2, 1899
Telephone No. 693-5858
Transit No. 81-265
Officers

Directors

J. Thurston H o w e ll_______President
Mrs. J. Thurston Howell „ Vice Pres.
Mary H. M a rtin ____________ Cashier

Mrs. Cora M. Howell
J. Thurston Howell
Mrs. J. Thurston Howell

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $ 294,443.99
U.S. Gov’t, obligations__
490,000.00
Other bonds & securities
7,500.00
Furniture and fixtures _
10.00
Banking house _________
10.00
Cash & due from banks
152,087.67
Other resources ________
762.35

T o t a l_________________



$944,814.01

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Reserves ________________
Total capital acct. _____

25,000.00
25,000.00
32,338.52
16,957.98
99,296.50

Demand deposits _______
Time deposits __________
U.S. Gov’t, d ep o sits____
Public funds ___________

483,120.93
282,796.50
3,538.23
76,061.85

Total d ep o sits__________

845,517.51

T o t a l________________ _ $944,814.01

112

State o f Arkansas: Bank Department

TH E PEOPLES BANK, W ALDO
Population 1,722
Columbia County
Chartered June 22,1910
Telephone No. 693-5555
Transit No. 81-266
Officers

Directors

Harold F in ch er___________ President
R. P. C la r k _______________ Vice Pres.
M. M. F in ch er_____________ Cashier

R. P. Clark
G. L. Fincher
Harold Fincher
M. M. Fincher

W . 0 . Fincher
J. E. O’Daniel
W . B. Sawyer
Betty Lou Scott

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and d iscoun ts__ !
Overdrafts ______________
U.S. Gov’t, obligations __
Other bonds & securities
Furniture and fixtures _.
Banking house _________
Other real estate _______
Cash & due from banks

669,988.57
163.73
594,857.00
5,000.00

1.00
1.00
1.00

223,082.25

Capital s t o c k _______ _ $
Surplus fund _______ ____
Undivided p r o fits ___ ___
Reserves ____________ ___

50,000.00
50,000.00
58,175.13
15,289.99

Total capital acct. ........ .

173,465.12

Demand deposits ___ ___
Time deposits ______ ___
U.S. Gov’t, deposits...
Public funds _______ ____

636,282.90
566,397.23
7,078.01
109,871.29

Total deposits __________ 1,319,629.43
T o t a l__________________ $1,493,094.55

Total

$1,493,094.55

BANK OF WALDRON, WALDRON
Population 1,619
Scott County
Chartered April 3, 1901 Telephone No. MErcury 7-6411
Officers

Transit No. 81-239

Directors

Claud W . Harrison _______ President
Mollie E. C en ter_________ Vice Pres.
Orval K. G oodner___________ Cashier
Blanche E. Stephens
Asst. Cashier
W m . Knox D o zie r ____ Asst. Cashier

Mollie E. Center W m . Knox Dozier
Mrs. Charlye V. Orval K. Goodner
Davidson
Claud W . Harrison

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts__ $1,211,748.46
Overdrafts ______________
452.45
U.S. Gov’t, obligations__ 1,472,148.75
Other bonds & securities
673,796.89
Furniture and fixtures ._
1,000.00
Banking house _________
2,000.00
Other real estate _______
16,000.00
Cash & due from banks 1,029,847.45

Capital s t o c k ___________ $
Surplus fund ___________
Undivided p r o fits_______
Reserves ________________

50,000.00
100,000.00
153,048.71
10,200.00

Total capital acct________

313,248.71

Demand deposits _______ 2,330,872.98
Time deposits __________ 1,328,225.19
U.S. Gov’t, deposits ____
30,788.28
Public funds ___________
400,446.97
Total d e p o sits__________ 4,090,333.42
Other liabilities_________

Total



$4,406,994.00

Total

3,411.87

$4,406,994.00

113

Forty-Eighth Report

WARREN BANK, WARREN
Population 6,752
Bradley County
Chartered Dec. 28, 1901
Telephone No. CA 6-2122
Transit No. 81-160
Officers

Directors

John T. Ederington_______ President
M. C. Singer_____ Exec. Vice Pres.
Louis W . Ederington____ Vice Pres.
J. B. Frazer_____________ Vice Pres.
G. C. Sangster_______________ Cashier
M. S. Thompson________Asst. Cashier
Katie R. Campbell_____ Asst. Cashier
J. C. M oseley__________ Asst. Cashier
Pauline Hollingsworth Asst. Cashier

L. H. Derby
J. E. Hurley, Jr.
John T. Ederington S. B. Meek, Jr.
L. W . Ederington
G. C. Sangster
J. B. Frazer
M. C. Singer
F. Martin Hankins

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$2,780,425.86
U.S. Gov’t, obligations__ 762,621.32
Other bonds & securities 881,288.30
Furniture and fixtures __
27,287.54
Banking house ________
22,379.68
Other real estate______
2,386.71
Cash & due from banks 1,548,973.73
Other resources________
234.30

Capital sto ck __________ $ 100,000.00
Surplus fu n d ___________ 250,000.00
Undivided profits _____
49,944.18
Reserves _________________ 296,186.33
Total capital acct___ ____

Demand deposits ______ 2,437,673.44
Time deposits __________ 2,614,131.47
U.S. Gov’t, deposits____
56,347.42
Public funds ___________ 221,314.60
Total deposits_________

Total




$6,025,597.44

696,130.51

Total

5,329,466.93
$6,025,597.44

114

State o f Arkansas: Bank Department

BANK OF WEINER. WEINER
Population 669
Poinsett County
Chartered April 2, 1909
Telephone No. MU 4-2221
Transit No. 81-456
Officers

Directors

E. E. H ogue____________ President
H. E. W in ters_________ Vice Pres.
John Hogue________________ Cashier
Ronald Hogue________ Asst. Cashier

E. E. Hogue
John Hogue
Marcus Hogue
Malcolm C. Hogue

F. R. Huber
H. E. Winters
R. A. Ziegenhorn

STATEMENT OF JUNE 30, 1962
Resources

Liabilities

Loans and discounts___$1,418,942.77
Overdrafts _____________
5,357.13
U.S. Gov’t, obligations__ 361,500.00
Other bonds & securities 256,049.90
Furniture and fixtures _
11,890.56
Banking house ________
13,157.64
Cash & due from banks 606,916.66
229.95
Other resources _______

Capital stock ___________$ 50,000.00
Surplus fu n d ___________ 100,000.00
Undivided profits______
112,186.69
21,517.37
Reserves _________________
Total capital acct_______

283,704.06

Demand deposits ______ 1,603,881.87
Time deposits___________ 484,824.39
U.S. Gov’t, deposits____
13,075.35
Public funds ___________
80,299.73
112,842.07
Deposits of banks _____
Total deposits__________ 2,294,923.41
Borrowed m oney______
Other liabilities _______

Total




42,674,044.61

Total

95,000.00
417.14
.$2,674,044.61

115

Forty-Eighth Report

MERCHANTS AND FARMERS BANK, WEST HELENA
Population 8,385
Phillips County
Chartered Oct. 4,1948
Telephone No. JU 5-3481
Transit No. 81-763
Officers

Directors

V. D. Simmons_________ President James P. Baker, Jr. J. L. Linder
S. H. H urst____________ Vice Pres.
C. L. Harris
Jesse Porter
Roy B. W arren _________ Vice Pres.
S. H. Hurst
V. D. Simmons
and Cashier E. F. Kalb
Fulton Simpson
Juanita Clements____ Asst. Cashier
Helen B. Back__________Asst. Cashier
Virginia B ryan ______ Asst. Cashier
Dorothy L. W h ite____ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$2,702,845.95
3,750.89
Overdrafts _____________
U.S. Gov’t, obligations__ 408,760.75
Other bonds & securities 210,343.77
Furniture and fixtures ..
40,509.67
Banking house ________
161,225.14
Other real estate______
24,150.00
Cash & due from banks 921,904.71

Liabilities
Capital stock ___________$ 100,000.00
Surplus fu n d ___________ 100,000.00
189,412.13
Undivided profits______
Total capital acct. _____

389,412.13

Demand deposits ______ 1,875,303.79
Time deposits __________ 1,688,569.86
U.S. Gov’t, deposits ____
41,429.47
Public funds ___________ 415,297.61
Deposits of banks______
25,000.00
Total deposits _________ 4,045,600.73
Other liabilities _______

Total

_____$4,473,490.88




38,478.02

Total _________________ $4,473,490.88

116

State o f Arkansas: Bank Department

BANK OF WEST MEMPHIS, WEST MEMPHIS
Population 19,374
Crittenden County
Chartered April 21,1928
Telephone No. RE 5-2922
Transit No. 81-695
Officers

B. J. Lambert, J r ._________ President
B. G. Dickey_____________ Vice Pres.
W . K. Ingram ___________Vice Pres.
R. W . Irby, J r .____ Exec. Vice Pres.
Taylor Claiborne___________ Cashier
Ruth Manchester____ Asst. Cashier
Mildred Earney_______ Asst. Cashier

Directors

O. I. Bollinger
D. B. Clement
H. R. Dabbs
P. M. Dacus
B. G. Dickey
B. G. Dickey, Jr.
James C. Hale

W . K. Ingram
B. J. Lambert, Jr.
Roy R. Morley
Jack W . Rich
J. H. Spears
J. C. Tennison

STATEMENT OF JUNE 30, 1962
Resources

Loans and discounts___$3,871,683.59
Overdrafts _____________
5,217.47
U.S. Gov’t, obligations__ 1,107,813.13
Other bonds & securities 1,841,308.57
Furniture and fixtures ..
54,444.52
Banking house ________
185,083.32
Cash & due from banks 1,866,393.87
2,288.58
Other resources _______

Liabilities

Capital sto ck ___________$ 300,000.00
Surplus fu n d ___________ 300,000.00
Undivided profits______
346,904.26
Total capital acct_______

946,904.26

Demand deposits ______ 4,623,587.47
Time deposits__________ 1,704,018.81
U.S. Gov’t, deposits____
178,198.09
Public funds ___________ 1,447,143.78
Deposits of b a n k s_____
31,000.00
Total deposits__________ 7,983,948.15
Other liabilities _______

Total

__________$8,934,233.05




3,380.64

T ota l_________________ $8,934,233.05

117

Forty-Eighth Report

MERCHANTS AND PLANTERS BANK, WEST MEMPHIS
Population 19,374
Crittenden County
Chartered Aug. 5,1941
Telephone No. RE 5-2502
Transit No. 81-743
Officers
Directors
J. F. W h eeler______ Chm. of Board W . L. Barbour, Jr.
J. 0 . Spotts
H. F. Ohlendorf_________ President J. W . Farris
J. F. Wheeler
W . L. Barbour, Jr... Exec. Vice Pres. H. F. Ohlendorf
Roy Strong__Vice Pres. & Cashier
Jack K. H ogan____ Asst. Vice Pres.
Ruby Bledsoe________ Asst. Cashier
Pat Dobson___________Asst. Cashier
STATEMENT OF JUNE 30, 1962
Liabilities

Resources
Loans and discounts___$3,211,589.42
457.81
Overdrafts _____________
U.S. Gov’t, obligations__ 1,095,705.97
Other bonds & securities 190,917.67
Furniture and fixtures _
10,000.00
Banking house ________
37,500.00
Cash & due from banks 756,649.02
1,232.78
Other resources _______

Capital sto ck __________ $ 200,000.00
Surplus fund ___________ 150,000.00
Undivided profits______
188,814.12
Total capital acct. _____

538,814.12

Demand deposits ______ 2,380,883.20
Time deposits _________ 1,406,809.24
U.S. Gov’t, deposits____
404,629.10
Public funds ___________ 563,690.39
Total deposits _________ 4,756,011.93
Other liabilities_______

T otal_________________ $5,304,052.67

9,226.62

Total_________________ $5,304,052.67

RICE GROWERS BANK, WHEATLEY
Population 443
St. Francis County
Chartered Sept. 27, 1909
Telephone No 457-2311
Transit No. 81-458
Officers
Directors
William L. Horner, J r .___ President Robert Carvell
Robert Carvell_________ Vice Pres. Wm. L. Horner, Jr.
and Cashier
Mayme Lyon
Carletta Jones_______ Asst. Cashier
Anita M iley__________ Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts — $1,212,438.09
U.S. Gov’t, obligations__
70,950.00
Other bonds & securities 402,350.00
Furniture and fixtures ..
5,769.33
Banking h o u se ------------1.00
Cash & due from banks 312,601.10

Liabilities
Capital stock ___________$ 50,000.00
Surplus fu n d ___________ 150,000.00
Undivided profits______
57,065.88
Total capital acct______—

Total deposits_________
Total



$2,004,109.52

257,065.88

Demand deposits ______ 1,292,127.98
Time deposits___________ 379,839.96
U.S. Gov’t, deposits-----18,021.13
Public funds ___________
57,054.57

Total

1,747,043.64
$2,004,109.52

118

State of Arkansas: Bank Department

WILMOT STATE BANK, WILMOT
Population 732
Ashley County
Chartered Oct. 25, 1937
Telephone No. GR 3-3671
Officers

Transit No. 81-738

Directors

Wm. B. de Yampert______ President
M. C. Crandall
N. R. Kirkwood
M. C. Crandall_________ Vice Pres.
Wm. B de Yampert G. B. Stovall
N. R. Kirkw ood_Exec. Vice Pres.
E. H. Dunning John F. Shackelford
and Cashier
E. H. Kirkwood_____Asst. Cashier
STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$ 471,275.35
U.S. Gov’t, obligations__
180,081.25
Other bonds & securities
73,808.50
Furniture and fixtures ..
5,829.38
Banking house ________
1,365.00
Cash & due from banks 326,063.92

Total

$1,058,423.40

Liabilities
Capital sto ck ___________$ 25,000.00
Surplus fund ___________ 100,000.00
Undivided profits _____
80,231.12
Reserves _______________
6,215.75
Total capital acct_______

211,446.87

Demand deposits ______
Time deposits _________
U.S. Gov’t, deposits ____
Public funds ___________

571,065.76
169,544.27
6,302.33
100,064.17

Total deposits _________

846,976.53

T ota l_________________ $1,058,423.40

BANK OF WILSON, WILSON
Population 1,191
Mississippi County
Chartered Oct. 3, 1908
Telephone No. 3251
Transit No. 81-462
Officers
R. E. L. Wilson, I I I .. Chm. of Board
Benton Garrett___________President
C. J. Lowrance, J r ._____ Vice Pres.
J. B. G w yn___Vice Pres. & Cashier
Lillian McMath________ Asst. Cashier
Florabel Bishop________Asst. Cashier
Gatha W atson__________ Asst. Cashier

Directors
C. L. Denton, Jr. J. W . Nelson
Benton Garrett
R. E. L. Wilson, III
C. J. Lowrance, Jr.

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts__ $1,770,598.32
Overdrafts _____________
174.80
U.S. Gov’t, obligations__
167,025.79
Other bonds & securities 219,775.27
Furniture and fixtures ..
5,878.13
Banking house ________
32,000.00
Cash & due from banks 785,914.84
Other resources _______
4,694.51

Liabilities
Capital stock ___________$ 100,000.00
Surplus fu n d ___________
375,000.00
146,684.25
Undivided profits _____
Reserves _______________
5,071.85
Total capital acct. _____

Total deposits_________
Total



$2,986,061.66

626,756.10

Demand deposits______ 1,297,501.12
Time deposits __________ 658,030.45
U.S. Gov’t, deposits____
35,143.97
Public funds ___________ 356,056.07
Deposits of banks _____
12,573.95

Total

2,359,305.56
$2,986,061.66

Forty-Eighth Report

119

CROSS COUNTY BANK, WYNNE
Population 4,922
Cross County
Chartered June 5,1891
Telephone No. BE 8-4171
Officers
H. K. Barwick, J r .______President
W . W . Shaver, J r ._________Vice Pres.
John H. Johnston ______ Vice Pres.
Rafe Andrews___________ Vice Pres.
Wallace Eldridge________ Vice Pres.
and Cashier
Ken McClanahan______ Asst. Cashier
Bobby Nell B row n___Asst. Cashier
Mollye W eeden ______ Asst. Cashier

Transit No. 81-151

Directors
H. K. Barwick, Jr. John H. Johnston
David Block, Jr. W. W . Shaver, Jr.
David Drexler
I. M.Steinberg
Eugene Goodart

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$2,168,855.58
3,773.74
Overdrafts _____________
U.S. Gov’t, obligations__ 314,500.00
Other bonds & securities 456,540.22
Furniture and fixtures__
18,743.69
Banking house ________
25,000.00
Other real estate ______
34,800.00
Cash & due from banks 669,723.05
Other resources _______
2,194.98

T otal_________________ $3,694,131.26

Liabilities
Capital stock _____
Surplus fund _____
Undivided profits ...
Reserves __________

100,000.00
200,000.00

145,139.72
18,364.79

Total Capital acct. .

463,504.51

Demand deposits
Time deposits ____
U.S. Gov’t, deposits
Public funds _____

1,902,050.63
1,090,308.57
22,930.53
184,806.93

Total deposits _________

3,200,096.66

Other liabilities________

30,530.09

Total

$3,694,131.26

THE BANK OF YELLVILLE, YELLVILLE
Population 636
Marion County
Chartered Dec. 13,1945
Telephone No. HI 9-6232
Officers
Bernice Berry_____ Pres. & Cashier
H. A. Burnes____________ Vice Pres.
Thelma G. Doshier______ Vice Pres.
Wynona Willingham .. Asst. Cashier

Transit No. 81-753

Directors
Alma Berry
H. A. Burnes
Bernice Berry Thelma G. Doshier
Fred A. Berry Wynona Willingham

STATEMENT OF JUNE 30, 1962
Resources
Loans and discounts___$ 640,294.87
Overdrafts _____________
201.41
U.S. Gov’t, obligations__ 243,933.60
Other bonds & securities 212,556.73
Furniture and fixtures ..
4,685.78
Cash & due from banks 456,375.60

T o t a l_________________ $1,558,047.99



Liabilities
Capital stock __________ ! 50,000.00
Surplus fu n d __________
130,000.00
Undivided profits ____
55,674.90
Total capital a c c t.____

235,674.90

Demand deposits _____
Time deposits _________
Public funds __________

1,110,063.84
88,636.69
123,672.56

Total deposits_________

1,322,373.09

T o t a l_________________ $1,558,047.99