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REPORT  OF  THE  BANK COMMISSIONER OF  ARKANSAS  O RVAL E. FAUBUS Governor  DICK SIMPSON State Bank Commissioner   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 _______   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 -------------------------   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 .   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 ___________________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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 __ _______________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 ____________________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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__   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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 _   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  -$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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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 ...   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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. _____   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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_________________ $1,726,691.85  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Capital stock ___________$ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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_________________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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
Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102