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REPORT

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BANK COMMISSIONER

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OF ARKANSAS
1955

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ORVAL E. FAUBUS
Governor

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DICK SIMPSON
S ta te Bank Commissioner




FORTY-FIRST REPORT
OF THE

BANK

C O M M ISSIO N E R
OF THE

STATE OF ARKANSAS

FOR THE Y E A R ENDING JUNE 30, 1955




DICK SIMPSON
State Bank Commissioner




STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT
July 1, 1955
To His Excellency
Orval E. Faubus
Governor of Arkansas
Sir:
I have the honor of submitting to you the Forty-First Annual
Report of the State Bank Department for the fiscal year ending
June 30, 1955, in compliance with the terms and provisions of
Act 113 of 1913 (Now found in Section 67-111, Arkansas Statues
of 1947). The report reflects the condition of the State-charter­
ed banks and trust companies, building and loan associations, in­
dustrial loan companies, credit unions and other factual data
pertaining to the operation of the Department.




Respectfully submitted
Dick Simpson
State Bank Commissioner

TABLE OF CONTENTS

Page
Legal Holidays__________________________________________________________ 6
Departmental Roster______________________________________________________ 7
Commissioners of State Bank Department__________________________________ 8
Receipts and Disbursements_______________________________________________ 9
Officials Arkansas Bankers Association 1955-56___________________________ 10
Officials Junior Bankers Section 1955-56_________________________________ 10
Officers Federal Reserve Bank of St. Louis, Missouri______________________ 11
Officers Little Rock Branch Federal Reserve Bank of St. Louis,
Missouri -------------------------------- _------------------------------------------------------- 11
Examiners Federal Deposit Insurance Corporation for Arkansas-----------------11
Examiners National Bank Department in Arkansas________________________11
Comparative Abstract showing condition of State Banks and Trust
Companies as of June 30, 1955 and June 30, 1954_____________________ 12
Comparative Abstract showing condition of State and National
Banks as of December 31, for the years 1954-1950------------------------------- 13
Comparative statement of condition of State Banks and Trust
Companies for the past thirty-three years____________________________ 14
Consolidated report of Earnings and Dividends of State Banks and
Trust Companies for the twelve months ending December 1954________15
Banking Facilities by Counties including State and National Banks,
Teller’s Windows and Cooperative Exchanges_______________________16-17
National Banks in Arkansas----------------------------------------------------------------------18
Members of Federal Reserve System------------------------------------------------------19
Commercial Banks Non-Members of Federal Deposit Insurance
Corporation ________________________________________________________ 19
Trust Companies not engaged in commercial banking and non­
members of Federal Deposit Corporation_____________________________ 19
State Banks Operating Teller’s Windows-------------------------------------------------- 20
National Banks Operating Teller’s Windows-------------------------------------------- 20
New Banks Chartered____________________________________________________ 20
Amendments Altering Capital Structure__________________________________ 20
Other Amendments______________________________________________________ 21
Ratio of Total Capital Accounts to Total Liabilities____________________ 21-23
Individual statement of condition of all State Banks and Trust
Companies as of June 30, 1955------------------------------------------------------25-123
Combined and individual statement of condition of Cooperative
Exchanges as of June 30, 1955__________________________



124-126

Page

Combined and individual statement of condition of Building and
Loan Associations as of December 31, 1954______________________ 127-134
List of Voluntarily Liquidating State Chartered Building and
Loan Associations__________________________________________________135
Supervised loan companies under Act 397 of 1947 as of
June 30, 1955____________________________________

137

Mortgage loan companies under Act 397 of 1947 as of June 30, 1956_______138
Combined and individual statement of condition of Industrial
Loan Institutions operating under Act 111 of 1941 as of
June 30, 1955_________________________________________________ 139-142
Combined and individual statement of condition of Credit Union
as of December 31,1954________________________________________ 143-155
Qualified

Stock Exchanges_____________________________________________156

Issuers Registered by Qualification under Act 397 of 1947 as
of June 30, 1955_______________________________________________ 157-158
Issuers Registered by Notification under Act 397 of 1947 as
of June 30, 1955___________________________________________________ 159
Dealers authorized to sell qualified or exempt Securities as
of June 30, 1955___________________________________________________ 160




6

State of Arkansas: Bank Department

LEGAL HOLIDAYS
•January 1.

New Year’s Day

-January 19.

Robert E. Lee’s Birthday
George Washington’s Birthday .
Memorial Day

February 22.
-May 30.

Independence Day

_

July 4.

Commemorating the end
of World War II

August 14.

Labor Day_____

First Monday in September

_ __

Veteran’s Day

November 11.

Thanksgiving Day

Any day made or designated
by Act of Congress.

Christmas Day

December 25.

All Biennial Statewide Primary and General Election Days.

All 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.




Forty-First Report

7

DEPARTMENTAL ROSTER
Dick Simpson_____________________State Bank Commissioner
Theo P. Carson____________________ Assistant Bank Commissioner
John L. Carter_____________________Assistant Commissioner in
charge Building and Loan and
Securities Division.

BANK EXAMINERS
D. S. Patterson
J. A. Welty

F.
Olan B. Wages

ASSISTANT EXAMINERS
R. C. Willcox
R. N. Sims

Robert Jackson
John Alvin Bunch

BUILDING AND LOAN AND SECURITIES EXAMINER
T. Y. Cooper

CLERKS AND STENOGRAPHERS
Kathy Maynor

Helen James

Betty Morton

STATE BANKING BOARD
James H. Kays, Chairman________________________ Fayetteville
John W. Edwards_______________________________ Batesville
Lawson T. Garner________________________________Crawfordsville
Warren K. Bass_________________________________Little Rock
F. J. White______________________________________ Prescott
Theo P. Carson, Secretary________________________ Little Rock

OFFICE
Room 270, State Capitol Building




Telephone Franklin 2-3161

C. Rayb

State of Arkansas: Bank Department

8

COMMISSIONERS OF THE STATE BANK DEPARTMENT
STATE OF ARKANSAS
Name
Date of Appointment
Date Service Ended
John M. Davis______March 6, 1913___________ October 3, 1918
A.
J. Reap_______ October 3, 1918_________ March 22, 1919
3. W. T. Maxwell___ March 22, 1919__________ September 1, 1921
4. Charles McKee____ September 1, 1921_______ July 28, 1925
5. Loid Rainwater____ July 28, 1925____________ February 8, 1927
6 . Walter E. Taylor___ February 8, 1927_______ January 10, 1933
7. Marion Wasson____ January 10, 1933________ January 12, 1937
8. Grover S. Jemigan.. January 12, 1937_______ January 14, 1941
9. Thomas W. Leggett. January 14, 1941_______ February 1, 1949
10. S.J. Dean__________ February 1, 1949________ December 31, 1949
11 Ed I. McKinley, Jr._. December 31, 1949______ March 14, 1953
12. A. R. Merritt_____ March 14, 1953__________ February 8, 1955
13. Dick- Simpson_____ February 8, 1955________
No.
.
2.
1

.




Forty-First Report

9

The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1954 to June 30, 1955.

RECEIPTS
Cash balance with State Treasurer June 30, 1954_________________ $ 99,590.18
Examination and Assessment Fees— Bank Division___ $32,406.19
Charter and Amendment Fees— Bank Division________
995.00
Miscellaneous Fees— Bank Division___________________
225.65
Miscellaneous Fees— SecuritiesDivision_______________ 24,807.06
Overcharge in Social Security Contribution
.06
in June 1954—refunded_________________________
Overcharge in Handling Fee by State Treasurer
in March, 1953—refunded_______________________
55.55
58,489.51
$158,079.69
DISBURSEMENTS
Salaries—Administrative _______________________________________$ 18,500.00
33,052.17
Salaries—Examining Division_____________
Salaries— Office Force__________________________________________
8,665.00
Maintenance ____________________________________________________ 10,717.23
Travel Erpense_________________________________________________
9,277.04
876.38
Charges by State Treasurer—Handling Fees_____________________
Charges by State Treasurer—Department contributions
to Social Security
3rd Quarter,
1954_____________________________ $242.97
4th Quarter, 1954_____________________________ 120.78
1st Quarter,
1955______________________________271.45
2nd Quarter, 1955_____________________________ 309.25
944.45
Claims paid by Claims Commission and not charged
on Bank Department books until September 1954:
Johnson County Burial Association—refunded
$250.00
Esso Standard Oil Company___________________ 49.02
Thurman Supply Company—refunded___________ 50.00
349.02
Cash balance with State Treasurer June 30, 1955_________________




$ 82,381.29
75,698.40
$158,079.69

10

State of Arkansas: Bank Department

ARKANSAS BANKERS ASSOCIATION
1955-56
President_________ Herbert A. Lewis, President, First National
Bank, Fayetteville
Vice President____H. C. Adams, Vice President & Cashier, First
National Bank, DeWitt
Treasurer_________ R. E. Wade, Vice President, Citizens Bank of
Jonesboro, Jonesboro
Secretary_________ Jeff Burnett, 621 Pyramid Building, Little
Rock
Ass’t Secretary____Miss Thelma Bruce, 621 Pyramid Building, Lit­
tle Rock

EXECUTIVE COUNCIL
L. W. Harris_______
Carle Robbins______
G. H. Sexton_!_____
R. J. Rice__________
B. J. Lambert, Jr.,__
C. E. Crossland, Jr.,
Sam E. Babb_______
J. C. Reeves________
Max A. Mitcham___
M. C. Singer________

-Rogers
-Fort Smith
-Hot Springs
_N. Little Rock
-West Memphis
-Paragould
-El Dorado
-Pine Bluff
-Smackover
-Warren

COUNCILMEN-AT-LARGE
Clyde Hiatt______________________________________ Charleston
Robert Moore____________________________________ Springdale

OFFICERS JUNIOR BANKERS
SECTION
ARKANSAS BANKERS ASSOCIATION
President________ Doyl E. Brown_______________Wynne
Vice President_____Howell N. Davis______________ Pine Bluff
Secretary________ Keith Robbins_________________ Fayetteville
Treasurer________ Davies B. Campbell____________ Little Rock




Forty-First Report

11

FEDERAL RESERVE BANK
OF
ST. LOUIS, MISSOURI
DISTRICT NO. 8
President ________________________________ Delos C. Johns
1st Vice President________________________ Frederick L. Deming
Vice President___________________________ Wm. E. Peterson
Vice President___________________________ J. C. Wotawa
Vice President___________________________ Dale M. Lewis
Vice President and Secretary______________ H. H. Weigel
Vice President___ Fred Burton__________________ Little Rock
Vice President___ V. M. Longstreet_____________ Louisville
Vice President___ Darryl R. Francis_____________ Memphis
Chief Examiner__ Geo. E. Kroner________________St. Louis
LITTLE ROCK BRANCH
FEDERAL RESERVE BANK
OF
ST. LOUIS, MISSOURI
Vice President and Manager_______________Fred Burton
Assistant Manager____^__________________ Marvin L. Bennett
Assistant Manager________________________ W. J. Bryan
Assistant Manager________________________Clifford Wood
FEDERAL DEPOSIT INSURANCE CORPORATION
DISTRICT NO. 6
1059 Arcade Building, St. Louis, Mo.
Supervising Examiner___________________ C. M. Dunn
Ass’t. Supervising Examiner______________Rex Clark
EXAMINERS FOR ARKANSAS
Fred H. Caudle------------------------- Salinger Bldg., North Little Rock
Ray M. Waters----------------------- Salinger Bldg., North Little Rock
Clinton L. White______________ Salinger Bldg., North Little Rock
NATIONAL BANK EXAMINERS FOR ARKANSAS
Clarence R. Anderson, Chief National Bank Examiner, 416 No.
Broadway, St. Louis, Mo.
Frank E. Brown, P. 0. Box 2180, Little Rock, Arkansas
Isaac T. Shaw, P. 0. Box 825, Fort Smith, Arkansas



COM PARATIVE A BSTRACT SHOWING THE CONDITION OF STATE BANKS A N D TRU ST COMPANIES
OF A RK A N SA S AS OF JUNE 30, 1955 AND JUNE 30, 1954

June 30, 1954
178

RESOURCES:
Cash and due from banks _____—
U. S. Government Obligations _____
Other bonds and securities
____
Loans and discounts_______
_____
Banking house, furniture and fixtures
Other real estate___________ _________
Other re sou rces.___________ ______ __

$117,844,355.09
148,234,318.85
44,547,993.54
158,246,839.16
3,418,575.51
68,657.24
673,697.88

$116,317,240.58
135,033,389.24
38,162,664.90
159,092,469.86
2,932,900.61
75,981.17
937,231.52

$

TOTAL RESOURCES___________

$473,034,437.27

$452,551,877.88

$ 20,482,559.39

LIABILITIES:
Demand deposits___________________
Savings and time d eposits______
U. S. Government deposits__________
Public funds_______________________
Deposits of b a n k s ---------- --- ----------

$293,377,534.17
73,433,656.39
6,404,967.28
44,968,691.69
11,874,275.89

$283,348,151.79
65,034,486.37
5,239,164.24
44,914,531.35
12,788,220.74

$

___ __
-----------

$430,059,125.42
416,026,57

$411,324,554.49
429,616.15

$

18,734,570.93

_

$430,475,151.99

$411,754,170.64

$

18,720,981.35

CAPITAL ACCOUNTS:
Capital S to c k ___ ___________________
Surplus _________
__ ___________
Undivided profits and r e s e r v e s ___

$ 12,084,200.00
13,940,170.00
16,534,915.28

$ 11,670,000.00
12,828,000.00
16,299,707.24

$

414,200.00
1,112,170.00
235,208.04

$ 42,559,285,28

$ 40,797,707.24

$

1,762,578.04

$473,034,437.27

$452,551,877.88

$ 20,482,559.39

TOTAL DEPOSITS—
Other Liabilities— _____—

TOTAL LIABILITIES_______

TOTAL CAPITAL ACCOUNTS—
TOTAL CAPITAL ACCOUNTS
AND LIABILITIES___
_____



Decrease

Increase
1

1,527,114.51
13,200,929.61
6,385,328.64
485,674.90

$

845,630.70
7,323.93
263,533.64

(Net)

10,029,382.38
8,399,170.02
1,165,803.04
54,160.34
913,944.85
(Net)
13,589.58
(Net)

(Net)

State of Arkansas: Bank Department

June 30, 1955
179

Number of Banks Reporting

COM PARATIVE A BSTRA CT SHOWING CONDITION OP STATE AND NATION AL BANKS OF ARK AN SAS AS OF
DECEMBER 31, 1954-50

1953
230

1952
230

1951
230

$ 301,498,000
346.759.000
98,358,000
317.786.000
7.241.000
194,000
1.544.000

$ 296,659,000
315.113.000
91,377,000
314.041.000
5.540.000
132,000
1.795.000

$ 300,018,000
355.272.000
87,041,000
252.782.000
5.123.000
101,000
1.314.000

$299,046,000
340.533.000
82,305,000
221.646.000
4.923.000
63,000
1.243.000

$290,995,000
336.852.000
73,171,000
203.864.000
4.487.000
107,000
1.181.000

TOTAL RESOURCES_______
LIABILITIES:
Capital Stock_____ __________
Surplus_______
__ ____ __
Undivided profits and reserves
Total capital a ccou n t_

_ _

$ 1,073,380,000

$ 1,024,657,000

$1,001,651,000

$949,759,000

$910,657,000

$

22,428,000
28,221,000
24,946,000

$

21,880,000
26.481.000
22.916.000

$ 21,035,000
24.234.000
21.069.000

$ 19,745,000
22.970.000
18.666.000

$

75,595,000

_____

LIABILITIES______________




$

25,005,000
32.205.000
25.810.000

$

83,020,000

_

_

Deposits___________ ____
Other lia b ilit ie s ____ _ ____
TOTAL

___

$ 986,542,000
3,818,000

$ 945,731,000
3,331,000

$1,073,380,000

$1,024,657,000

71,277,000

$ 66,338,000

$ 61,381,000

927,595,000
2,779,000

$881,253,000
2,168,000

$847,289,000
1,987,000

$1,001,651,000

$949,759,000

$910,657,000

$
$

Forty-First Report

RESOURCES:
Cash and due from b a n k s _______ _
U. S. Government obligations
Other bonds and securities
Loans and discounts_______
Banking house, furniture and fixtures
Other real e s ta t e -_____
_ _____
Other resou rces._________ ____ __

1950
229

1954
231

Number of banks

03

COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES
FOR PAST THIRTY-THREE YEARS
Date
1923.
1924.
1925.
1926.
1927.
1928.
1929.
1930.
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
1939.
1940.
1941.
1942.
1943.
1944.
1945.
1946
1947.
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.




Deposits

Loans and
Discounts

Borrowed
Money

Cash

403
397
396
394
376
358
347
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

128,580,700
123,365,300
136,552,900
142,107,300
134,788,700
135,849,800
137,636,800
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

109,443,400
114,950,900
117,669,200
123,464,400
112,051,800
109,167,900
109,438,700
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

9,639,800
14,237,400
13,403,100
13,078,300
8,011,600
7,120,500
8,333,200
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

34,083,000
28,651,300
34,129,800
35,902,800
35,390,100
33,484,400
32,607,700
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

U. S. Gov’t
Bonds
6,626,900
3,604,000
4,720,100
4,401,600
4,426,700
6,048,500
8,403,100
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

Capital
Structure

Total
Resources

25,842,200
25,770,300
25,186,900
25,374,100
24,424,800
23,434,400
23,593,100
23,169,300
17,551,500
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

162,928,400
161,946,800
171,348,400
179,174,100
167,369,800
167,013,100
170,668,000
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
473,034,437

State of Arkansas: Bank Department

June 30,
June 30,
June 30,
June 30,
June 30,
June 30,
June 29,
June 30,
June 30,
June 30,
June 30,
June 30,
June 29,
June 30,
June 30,
June 30,
June 30,
June 29,
June 30,
June 30,
June 30,
June 30,
June 30,
June 29,
June 30,
June 30,
June 30,
June 30,
June 30,
June 30,
June 30,
June 30,
June 30,

Number
Banks

m

**

Forty-First Report

15

CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR TW ELVE
MONTHS ENDING DECEMBER 31, 1954

EARNINGS:
Interest and discount on loans______________ $8,444,001.09
Interest and dividends on securities_________ 3,893,059.01
Service charges, exchange charges, etc______ 2,735,755.21
Other operating earnings__________________
335,613.89
Total earnings from operations______________________ $15,408,429.20
EXPENSES:
Salaries, wages and directors’ fees__________$5,409,926.77
Interest paid on time deposits______________ 1,058,157.15
Interest paid on borrowedmoney_____________
2,190.53
Taxes other than on income_______________
410,612.80
Taxes on income__________________________ 1,512,578.56
Other current expenses____________________ 2,969,238.51
$11,362,704.32

Total current expenses

4,045,724.88

Net current operating earnings.
RECOVERIES AND PROFITS:
On securities
On loans____
All others___

$

521,925.35
158,867.54
150,313.51
831,106.40
$ 4,876,831.28

LOSSES CHARGED OFF:
On securities
On loans____
All others___

$

106,523.14
441,107.92
198,911.94
746,543.00
$ 4,130,288.28

DIVIDENDS PAID:
Cash dividends paid on common stock---------$ 1,197,167.50
1,197,167.50
NET’ PROFITS AFTER DIVIDENDS FOR 1954




$2,933,120.78

State of Arkansas: Bank Department

16

BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, TELLER’ S WINDOWS AND
COOPERATIVE EXCHANGES

County
Arkansas___________________
Ashley--------------------------------Baxter_____________________
Benton_____________________
Boone______________________
Bradley____________________
Calhoun____________________
Carroll_____________________
Chicot______________________
Clark______________________
Clay_______________________
Cleburne___________________
Cleveland___________________
Columbia___________________
Conway____________________
Craighead__________________
Crawford___________________
Crittenden_______________ _
Cross______________________
Dallas______________________
Desha______________________
Drew______________________
Faulkner___________________
Franklin___________________
Fulton_____________________
Garland____________________
Grant______________________
Greene_____________________
Hempstead_________________
Hot Spring_________________
Howard____________________
Independence_______________
Izard_______________________
Jackson____________________
Jefferson_________________
Johnson___________________
Lafayette__________________
Lawrence___________________
Lee________________________
Lincoln_____________________
Little River________________
Logan______________________
Lonoke_____________________
Madison____________________
Marion_____________________
Miller______________________
Mississippi_________________
Monroe_____________________
Montgomery________________
Nevada____________________
Newton____________________
Ouachita___________________



State
Banks
2
6
1
5
2
2
1
1
3
4
3
2
2
3
2
5
4
4
3
2
2
3
1
2
2
1
1
1
1
1

National
Banks
2
1

2
5
2
1
6
3
1
1
1
4

Cooperative Exchanges

1
1
1

2
2
1
1
1

1
1

1
1
1
1
1
1
2

1
2
1
1
1

2
3
2
3
1
1
1

Teller’s
Windows

2

2
3
1
1

1
1

2

1
1
1
1

1

1
1
1

1

3

Forty-First Report

17

BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, TELLER’S WINDOWS AND
COOPERATIVE EXCHANGES

County
Perry______________________
Phillips____________________
Pike_______________________
Poinsett____________________
Polk_______________________
Pope_______________________
Prairie_____________________
Pulaski____________________
Randolph___________________
St. Francis_________________
Saline______________________
Scott______________________
Searcy_____________________
Sebastian__________________
Sevier_____________________
Sharp______________________
Stone______________________
Union_____________________
Van Buren_________________
Washington________________
White_____________________
Woodruff__________________
Yell_______________________




State
Banks
1
4
3
6
1
5
2
4
2
2
2
1
2
4
2
4
1
4
1
5
7
2
3
179

•National
Banks

Teller’s
Windows

Cooperative Exchanges

2
1
1
3

1
1

2
1
3
1

2
1

2
2
2
1
1
54

24

3

18

State of Arkansas: Bank Department

NATIONAL BANKS IN ARKANSAS
Name

Location

First
National Bank_________________ A.ltheimer_-----Citizens National Bank_________, ______ Arkadelphia—
First National Bank__________________ Ashdown------- First National Bank_________________ Batesville_____
First
National Bank_________________ Berryville_____
First
National Bank_________________ Blytheville-----Citizens National Bank________________Camden----------Farmers National Bank______________ Clarksville-----First
National Bank_________________ Conway----------First
National Bank_________________ DeQueen--------First
National Bank_________________ DeWitt_______
First National Bank__________________ El Dorado-----National Bank of Commerce___________ El Dorado-----First National Bank_________________Fayetteville___
First National Bank_________________Fordyce_______
National Bank of Eastern Arkansas___ Forrest City_
City National Bank___________________Fort Smith----First
National Bank_________________ Fort Smith----Merchants National Bank____________ Fort Smith----First National Bank___________________Green Forest-.
First National Bank___________________ Gurdon----------Arkansas National Bank_____________ Heber Springs.
Helena National Bank_________________Helena-----------Phillips National Bank_______________ Helena-----------Citizens National Bank______________ Hope-------------First National Bank___________________Hope-------------Arkansas National Bank_____________ Hot Springs-Planters National Bank_______________ Hughes----------First National Bank__________________Huntsville------Peoples National Bank________________Jonesboro-------First National Bank___________________Lewisville------Commercial National Bank___________ Little Rock—
First National Bank__________________Little Rock—
Union National Bank__________________Little Rock—
First National Bank-----------------------------Magnolia-------Malvern National Bank_______________ Malvern---------First National Bank___________________Marianna_____
Planters National Bank______________ Mena-------------First National Bank__________________Nashville-------First National Bank__________________Newport--------National Bank of Commerce__________ Paragould------First National Bank___________________Paragould------First National Bank___________________Paris-------------National Bank of Commerce_________ Pine Bluff____
Simmons National Bank______________ Pine Bluff-----American National Bank_____________ Rogers_______
First National Bank__________________Springdale-----Peoples National Bank_______________ Stuttgart-------State National Bank__________________Texarkana____
Trumann National Bank______________ Trumann--------First National Bank__________________Tuckerman-----Citizens National Bank_______________ Walnut RidgeFirst National Bank of Lawrence Co._Walnut RidgeFirst National Bank_________________ Wynne------------




County
-Jefferson
-Clark
-Little River
-Inedpenence
-Carroll
-Mississippi
-Ouachita
-Johnson
-Faulkner
-Sevier
-Arkansas
-Union
-Union
-Washington
-Dallas
-St. Francis
-Sebastian
-Sebastian
-Sebastian
-Carroll
-Clarlt
-Cleburne
-Phillips
-Phillips
-Hempstead
-Hempstead
-Garland
-St. Francis
-Madison
-Craighead
- Lafayette
-Pulaski
-Pulaski
-Pulaski
-Columbia
-Hot Spring
-Lee
-Polk
-Howard
-Jackson
-Greene
-Greene
-Logan
-Jefferson
-Jefferson
-Benton
-Washington
-Arkansas
-Miller
-Poinsett
-Jackson
-Lawrence
..Lawrence
-Cross

Forty-First Report

19

MEMBERS OF FEDERAL RESERVE SYSTEM

Date of Admission

Name of Bank and Location

Capital and
Surplus

$ 200,000.00
_Elk Horn Bank & Trust CompanyArkadelphia
150,000.00
-.The Citizens B a n k -_
_
__ _
April 15, 1953_
Batesville
1,000,000.00
-Farmers Bank & Trust Company_
August 23, 1918 _
Blytheville
150,000.00
-Bank of Brinkley
_
_ _
May 10, 1944__
Brinkley
150,000.001
April 28, 1941
.. _The Merchants & Planters BankCamden
250,000.00
September 11, 1942_ --The Fxchange Bank & Trust Company__
El Dorado
f ’ clfrov Bank
300,000.00
January 7, 1944
Fayetteville
200,000.00
September 22, 1933_ pY.iv'vce Bank & Trust Company.
Fordyce
800,000.00
September 25, 1942 _ AUca^sas Trust Company
Hot Springs
-People^ Bank & Loan Company_ _
110,000.00
July 26, 1945
Lewisville
_Wrrthen Bank & Trust Company__
March 20, 1919___
2,000,000.00
Little Rock
September 20, 1944_ _FovTri rs & Merchants Bank
125,000.00
Marianna
.The B
of Russellville
July 21, 1920_
150,000.00
Russellville
P’
oti
Y"
Exchange
Bank
August 23, 1923_
120,000.00
Russellville
Grant County Bank
June 9, 1942
100,000.00
Sheridan
-Smaekover State Bank
April 11, 1944 _
125,000.00
Smackover
May 20, 1921_
___ -Bank of Waldron
150,000.00
W aldron
April 21, 1941__ _

COMMERCIAL BANKS— NON MEMBERS FEDERAL DEPOSIT
INSURANCE CORPORATION
Name

Location

Portland Bank____________________________________ Portland
Bank of Sidney---------------------------------------------------------Sidney
TRUST COMPANIES NOT ENGAGED IN COMMERCIAL BANKING AND
NON MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION
Name

Location

Arkansas Valley Trust Company________________Fort Smith
Guaranty Loan & Trust Company___________________ Helena
Metropolitan Trust Company___________________ Little Rock
John Matthews Company____________________ N. Little Rock




State of Arkansas: Bank Department

20

STATE BANKS OPERATING TELLER’S WINDOWS

Name of Bank

Location
Teller’s
Window

Location

.Bald Knob
Benton State Bank______________Benton
_Benton
DeWitt Bank & TrustCompany___DeWitt
_DeWitt
Earle State Bank________________Earle
Earle
Planters Bank & TrustCompany__
Forre
_.Forrest
City
Planters Bank & Trust Company._.Forre
.Forrest City
Horatio State Bank.,_____________ Horatio
Horatio
Greenwi
Farmers Bank___________________
_.Greenwood
McGehee Bank__________________.McGehee
McGehee
MonetteState Bank______________Monette
. Monette
Pike County Bank_______________Murfree
_ Murfreesboro
Osceola
Mississippi County Bank________..Osceola
Mississippi County Bank________..Osceola
Osceola
Paragoi
The Security Bank & Trust Co___
..Paragould
First State Bank________________
..Plainview
Plainview
Searcy
Security Bank_________________. Searcy
Siloam Spgs.
Bratt-Wasson Bank______________Siloam
. Tuckerman
Bank of Tuckerman______________Tucker]
Merchants & Planters Bank____..Warren
Warren
ilson
Wilson
Bank of Wilson________________..W

County

Bradford
White
Bauxite
Saline
Gillett
Arkansas
Cirawfordsville Crittenden
Cotton Plant Woodruff
DeValls Bluff Prairie
Dierks
Howard
Hartford
Sebastian
Arkansas City Desha
Caraway
Craighead
Mineral Spgs. Howard
Joiner
Mississippi
Luxora
Mississippi
Marmaduke
Greene
Yell
Ola
McRae
White
Gentry
Benton
Swifton
Jackson
Hermitage
Bradley
Keiser
Mississippi

Operating Teller’s Windows
..F ort Smith
..Little Rock
Simmons National Bank
State National Bank

Pine Bluff
Texarkana

Camp Chaffee Sebastian
P. O. Little Pulaski
Rock
Sherrill
Jefferson
Foreman
Little River

^Opened July 6, 1955
NEW BANKS CHARTERED
July 1, 1954 to June 30, 1955
Name, Location and Date

Capital

Surplus

Morrilton Security Bank, Morrilton,
Conway County, November 19, 1954______$100,000.00
John Matthews Company, North Little
Rock, Pulaski County, February 16, 1955. 100,000.00

$25,000.00

Charter
Number
708
709

AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1, 1954 to June 80, 1955
1. Benton State Bank, Benton, increased capital from $250,000.00 to
$275,000.00 by the declaration of a 10% stock dividend, and to $300,000.00 by
the sale of $25,000.00 par value of new stock.
2. Farmers & Merchants Bank, Des Arc, increased capital from $25,000.00 to $50,000.00 by the declaration of a 100% stock dividend.
3. The Bank of Harrisburg, Harri burg, increased capital from $25,000.00
to $50,000.00 by the declaration of a 100% stock dividend.
4. Bank of Lake Village, Lake Village, increased capital from $50,000.00
to $100,000.00 by the declaration of a 100% stock dividend.



Forty-First Report

21

5. First State Bank, Lonoke, increased capital from $25,000.00 to $50,000.00 by the declaration of a 100% stock dividend.
6. Citizens Bank, Marion, increased capital from $40,000.00 to $50,000.00
by the sale of $10,000.00 par value of new stock.
7. Bank' of Pocahontas, Pocahontas, increased capital from $75,000.00 to
$87,500.00 by the sale of $12,500.00 par value of new stock.
8. Bank of West Memphis, West Memphis, increased capital from $100,000.00 to $250,000.00 by the sale of $150,000.00 par value of new stock.
AMENDMENTS CHANGING PAR VALUE OF SHARES
July 1, 1954 to June 30, 1955
Bank of West Memphis, West Memphis, amended Articles of Incorpora­
tion decreasing the par value of its shares from $100.00 to $25.00.
AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1, 1954 to June 30, 1955
Name

Location

From

To

The Stephens Security Bank___________Stephens_____________ 3 to 7

8

CONSOLIDATIONS
July 1, 1954 to June 30, 1955
Bank of Sherrill. Sherrill, was consolidated with and into The Simmons
National Bank, Pine Bluff, under the charter and title of the latter bank.
THE AVERAGE RATIO OF TOTAL CAPITAL ACCOUNTS TO TOTAL
LIABILITIES OF THE 179 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1955 IS 9.0%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank

Location
.Amity
Co. Arkadelphia
Ash Flat
Atkins
Augusta
.Bald Knob
Ratesville
.Bearden
Beebe
_ .Benton
.Benton
Blevins
Blytheville
Bradley
.Cabot
.Cave City
.Charleston
.Cherry Valiev
Chidester
- .Clarendon
Clinton
.Danville
_ .Delight _
.Des Arc

_ .Dumas
Earle State Bank_____________________.Earle
Earle



.

Percentage
11.7
10.3
15.2
11.7
12.9
10.5
11.K
10.1
14.7
9.3
12.4
18.7
11.9
11.4
11.0
9.0
13.9
13.9
10.3
9.8
9.3
11.1
11.9
16.4
13.9
11.3
9.9

22

State of Arkansas: Bank Department

THE AVERAGE RATIO OF TOTAL CAPITAL ACCOUNTS TO TOTAL
LIABILITIES OF THE 179 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1955 IS 9.0%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank
The Delta State B
Bank of England__
The Citizens Bank.
The Eudora Bank-.
Bank of Evening S
Bank of Franklin__
Bank of Glenwood.
Bank of Gravett__
First Bank_______
Clark County Bank
Farmers Bank___
Prairie County

Farmers & Merchants Ban
Union State Bank_______
Bank of Kingston_______
Farmers State Bank_____
Bank" of Lake Village___
Citizens Bank of Lavaca._
Leachville State Bank.'__
Little River Bank_______
Leslie State Bank_______
Bank of Lincoln_________
Bank of Lockesburg_____
First State Bank_______
Peoples Bank_____________
Merchants & Planters Ban
Bank of Mansfield_______
Farmers & Merchants Ban
Citizens Bank____________
Marked Tree Bark______
Bank of Marvell_________
McGehee Bank___________
Bank of Melbourne______
Commercial Loan & Trust
The First State Bank_____________
Morrilton Security Bank_________
The Bank of Montgomery County.
Bank of
Bank of Nettk
Bank of New Edinl
Mississippi County
The Planters Bank
The Security Bank
Bank of ParkdaleFirst State Bank..
Bank of Pea Ridge



Percentage
Location
..Elaine
11.2
_
12.3
. England
12.8
.England
______
13.1
Eudora
_ _
11.4
Evening Shade
Franklin
14.7
9.9
Glenwood
10.5
Gravette
9.3
.Griff ithville
Gurdon
_ _
10.2
Hamburg
11.3
12.5
.Hampton
Harrisburg
_ _
9.4
____
10.1
.Hazen
13.4
Heber Springs
12.1
Hindsville
Holly Grove
12.3
Jasper
. . . __
10.4
_____
14.5
Tudsonia
.Junction Citv
___
11.9
_- .
10.6
Kingston
.Lake City
10.3
Lake Village
___ .
10.2
11.4
_Lavaca
.Leachville
10.9
-Lepanto
________
16.1
.Leslie
10.1
.Lincoln
10.2
Lockesburg
11.8
Lonoke
________
9.5
Mammoth Spring
9.0
.Manila
__ _
15.6
Mansfield
10.6
12.5
Marianna
Marion
_
9.8
.Marked Tree
_ _
9.4
.Marvell
12.9
McGehee
___
9.5
. Melbourne
_ _
9.3
Monticello
13.3
-Monticello
13.9.
Morrilton
___
9.1
.Morrilton
__ _
15.2
_Mt. Ida
__
_________
9.8
.Mountain View
___
14.1
Mulberry
__ _
12.1
Nettleton
___
13.6
.Newark _
9.6
.New Edinburg
_ .
12.3
Osceola
_ - _
11,9
.Osceola
9.4
.Paragould ______ ________
10.6
13.0
.Parkdale
.Parkin
_ _
13.7
20.9
_Pea Ridge

Forty-First Report

23

THE AVERAGE RATIO OF TOTAL CAPITAL ACCOUNTS TO TOTAL
LIABILITIES OF THE 179 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1955 IS 9.0%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank
Piggott State Bank_______
First State Bank__________
Peoples Bank______________
Portland Bank_____________
Citizens Bank_____________
Farmers & Merchants Bank.
Bank of Quitman__________
The Bank of Rector_______
The Bank of Rison________
Bank of Russellville_______
Bank of Salem____________
Logan County Bank________
Security Bank_____________
The Searcy Bank__________
Grant County Bank________
Citizens Bank_____________
Bodcaw Bank_____________
Bank of Star City_________
Citizens Bank_____________
Citizens Bank_____________
Bank of Trumann______ _
Tyronza Bank___________ ___
Citizens Bank & Trust Co.__
Bank of Waldo____________
Peoples Bank______________
Warren Bank______________
Bank of West Memphis____
Rice Growers Bank________
Wilmot State Bank________
Bank of Wilson___________
Cross County Bank_______
The Bank of Yellville______




Location

Percentage

.Piggott _________________
.Plainview _______________
. Portland ________________
.Portland ________________
. Pottsville _______________
.Prairie G rove____________
-Quitman ________________
- lector __________________
- Sison ___________________
. Russellville _____________
. Salem __________________
-Scranton ________i _______
. Searcy __________________
. Searcy __________________
.Sheridan ________________
.Smithville _______________
. "tamps__________________
. Star City _______________
.Strong __________________
Tillar ___________________
Trum ann________________
. Tyronza ________________
. /an Buren ______________
.Waldo ____ _____________
. vValdo __________________
Warren ____ ____________
. Vest Memphis __________
.Vheatley _______________
. Vilmot _________________
Wilson __________________
Wynne __________________
.Yellville_________________

13.6
15.6
14.3
19.2
18.0
10.8
11.7
11.3
16.1
10.6

10.9
12.6

10.7
9.3
15.4
17.3
17.5
15.1
15.5
19.3
10.1
12.8

10.3
9.1
9.4
11.1
12.3
14.0
12.0

20.9
11.5
13.1




Forty-First Report

25

FORTY-FIRST REPORT
of

STATEMENT OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OP JUNE 30, 1955
Cities and towns alphabetically arranged by postoffices
Population shown is that given by the 17th census of the United States 1950
COMMERCIAL BANK AT ALMA, ALMA
Population 1,228.

Crawford County

Chartered January 31, 1910. Telephone Number 3441. Transit Number 81-272
Officers
W. E. Byars______________ President
J. Fred Alexander_Ex. Vice President
Margaret Adams____________ Cashier
Hilda Knight_________Asst. Cashier

Directors
Margaret Adams
W. E.Byars
Caruth M. Alexander W. H.Cole
J. Fred Alexander
C. R. Starbird
E. Bradley

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 372,894.24
U. S. Gov’t obligations_ 571,000.00
Other bonds and
securities ___________
82,047.16
Furniture and fixtures_
2,766.75
Banking house_________
7,511.43
Cash and due from bank's 295,252.62
Other resources________
1,717.99

Total




$1,333,190.19

Liabilities
Capital stock__________$
Surplus fund___________
Undivided profits_______
Reserves , ______________
Total capital
accounts_$ 109,197.51

25,000.00
25,000.00
58,333.64
863.87

Demand deposits________ 1,096,210.84
Time deposits _________
5,974.96
U. S. Gov’t deposits____
24,475.45
Public funds___________
97,331.43
Total dep.__$l,223 992.68
Total

$1,333,190.19

26

State of Arkansas: Bank Department

BANK OF AMITY. AMITY
Population 591. Clark County
Chartered November 30, 1905. Telephone Number 13. Transit Number 81-287
Officers
Directors
G. W. Tolleson_
_ President
G. W. Tolleson
Lyn Maxey
W. H. Olds _
_ Vice President
Ed Yeargan
Cleda Olds
Cleda Olds_______
Cashier
W. H. Olds
Peggy Thomasson ___ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts__ _$ 625,372.87
Overdrafts
______
.33
U. S. Gov’t obligations. _ 470,822.66
Other bonds and
securitites
426,927.36
Furniture and fixtures2,000,00
Banking house
1.00
Cash and due from banks 352,814.29
Other resources
606.20

Total

-$1,878,544.71

JUNE 30, 1955
Liabilities
Capital stock$
Surplus f u n d - ____
Undivided profits__
Reserves
Total capital
account_$ 221,719.07

50,000.00
75 000.00
89,719.07
7,000.00

Demand deposits
1.047,288.20
569,412.12
Time deposits
4,694.55
U. S. Gov’t deposits ___
Public funds
35,430.77
Total dep.__$1,656,825.64
Total

.

$1878,544.71

ELK HORN BANK AND TRUST COMPANY, ARKADELPHIA
Population 6 819. Clark County
Chartered September 28, 1903. Telephone Number 7. Transit Number 81-133
Officers
Directors
J. H. Lookadoo------------— President
Clarence Hardin J. H. Lookadoo
A. C. Stone---- ------Ex. Vice President John N. Francis
A. C. Stone
Clarence Hardin---------Vice President W. P. Jones, Jr.
J. P. (Sturgis
C. C. Lookadoo-------- Vice President C. C. Lookadoo
A. J. Vestal
A. J. Vestal---------------Vice President G. W. Lookadoo
J. B. Wingfield
J. B. Wingfield_____ Vice President
W. P. Jones, Jr_____________ Cashier
W. L. Stover__________Asst. Cashier
Roy N. Shope_________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $2,008,281.78
Overdrafts ____________
244.22
U. S. Gov’t obligations_ 1,380,498.19
Other bonds and
securities ____________ 304,245.00
Furniture and fixtures_
35,277.53
Banking house__________ 125,537.60
Other real estate_______
900.00
Cash and due from banks 1,023,639.40
Other resources________
1 648.44

Total



$4,880,272.16

JUNE 30, 1955
Liabilities
Capital stock___________ $ 100,000.00
Surplus fund___________
100,000.00
Undivided profits_______ 111,002.49
Total capital
a cco u n t_$ 311,002.49
Demand deposits_______ 2,374,509.45
Time deposits___________ 1,612,512.55
U. S. Gov’t deposits___
37,621.13
Public funds___________
523,046.54
Deposits of banks______
21,580.00
Total dep._$4,569,269.67
Total

$4,880,272.16

Forty-First Report

27

MERCHANTS AND PLANTERS BANK AND TRUST COMPANY,
ARKADELPHIA
Population 6,819.

Clark County

Chartered June 15, 1911. Telephone Number 291.
Officers
James C. Hobgood________President
H. G. Elms__________Vice President
Jett Black_____ Vice Pres. & Cashier
Lottie Watson____ Assistant Cashier
Catherine Condray_Assistant Cashier
Esteleen Cash____ Assistant Cashier

Transit Number 81-469

Directors
James C. Hobgood
Jett Black
Charles G. Clark J. W. Hutchison
J. H. Crawford
D. W. McMillan
Robert C. Rhodes
H. G. Elms
Ralph Williams
Roy F. Golden

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities ___________
Furniture and fixtures __
Banking house_________
Other real estate_____
Cash and due from banks
Other resources________

Total

997,289.56
359,500.00
356,379.41
24,000.00
47,000.00
1.00
500,807.14
1.00

$2,284,978.11

Liabilities
Capital stock___________$ 100,000.00
Surplus fund___________
85,000.00
47,111.70
Undivided profits_______
Reserves ________________
4,028.62
Total capital
a ccou n ts_$ 236 140.32
Demand deposits_______ 1,275,638.56
Time deposits__________
559,330.93
34,072.07
U. S. Gov’t deposits____
Public funds___________
179,796.23
Total dep.__$2,048,837.79
Total

$2,284,978.11

BANK OF ASH FLAT, ASH FLAT
Population 265.

Sharp County

Chartered February 20, 1912. Telephone Number 3642. Transit Number 81-499
Officers
Odus Carpenter President & Cashier
Horace Martin_______Vice President
Odessa Estes__________Asst. Cashier

Directors
Odus Carpenter
Horace Martin
E. E. Causbie
V. McJunkins
Willene B. Justus

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 109,349.54
U. S. Gov’t obligations_ 200,000.00
Furniture and fixtures_
1.00
Banking house_________
1.00
Cash and due from banks 115,324.07

Total



$ 424,675.61

Liabilities
Capital stock___________ $
Surplus fund___________
Undivided profits_______
Total capital
account __ $ 64,554.37

20,000.00
20,000.00
24,554.37

Demand deposits_______
Time deposits__________
Public funds___________
Total dep___ $ 360,121.24

300,071.53
41,173.40
18,876.31

Total

$ 424,675.61

28

State of Arkansas: Bank Department

BANK OF ATKINS, ATKINS
Population 1,291.

Pope County

Chartered September 19, 1895. Telephone Number 136. Transit Number 81-215
Officers
J. M. Barker
President
J. M. Barker, Jr_____ Vice President
C. A. Barker
. Cashier

Directors
C. A. Barker
J. M. Barker
J. M. Barker,. Jr.

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 164,511.55
Overdrafts _
352.85
U. S. Gov’t obligations-- 485,000.00
Other bonds and
securities
9.872.26
Furniture and fixtures_
2,156.07
Banking house
1,462.94
Cash and due from banks 168,630.00

Total

$ 831,985.67

Liabilities
Capital stock *
$
Surplus fund
Undivided profits
Total capital
accounts _$ 97,660.20

30,000.00
15,000.00
52,660.20

Demand deposits
U. S. Gov’t deposits
Public funds
Total dep.__$ 734,325.47

673,206.27
2,200.00
58,919.20

Total

831,985.67

$

THE BANK OF AUGUSTA, AUGUSTA
Population 2,317.

Woodruff County

Chartered February 20, 1935. Telephone Number 1.
Officers
George L. Beard_________ President
R. E. Gregory_______Vice President
W. T. Mills, Jr---------------------Cashier
Kennady Sale_________Asst. Cashier

Transit Number 81-718

Directors
George L. Beard
J. Ford Smith
R. E. Gregory
C. R. Stacy
R. J. Haralson
John H. Stanley
W. T. Mills, Jr.

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts__ -$1,026,058.38
2,526.69
Overdrafts
U. S. Gov’t obligations- _ 107,000.00
Other bonds and
securities
353,364.86
Furniture and fixtures.
2,070.00
Banking house
3,000.00
Cash and due from banks 303,025.36
Other resources
1,281.08

Liabilities
Capital stock
$ 75 000.00
Surplus fund
50,000.00
Undivided profits
107,743.03
Total capital
accounts. _$ 232,743.03
Demand deposits.
1,244,613.63
Time deposits
185,123.00
U. S. Gov’t deposits
27,138.45
Public funds .
_ _
97,832.22
Total dep.__$l,554,707.30
Other liabilities

Total



$1,798,326.37

Total

10,876.04
$1,798,326.37

Forty-First Report

29

CITIZENS STATE BANK, BALD KNOB
Population 2,022. White County
Chartered January 22, 1931. Telephone Number 14. Transit Number 81-673
Officers
Directors
E. D. Williams_President & Cashier
W. H. Collison
H. A. Whitley
T. W. Leggett______ Vice President
Jennings Leggett
E. D. Williams
H. A. Whitley_______ Vice President
Thos. L. Jameson_____ Asst. Cashier
Mildred N. Hall_______ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts__ $ 173 700.15
U. S. Gov’t obligations_ 957,668.75
Other bonds and
securities ___________
37,545.75
Furniture and fixtures._
1,000.00
6,500.00
Banking house_________
Cash and due from banks 293,336.63

Total _______________ $1,469,751.28

JUNE 30, 1955
Liabilities
Capital stock___________ $
Surplus fund___________
Undivided p r o fit s ______
Reserves ______________
Total capital
accou n ts_$ 153,905.31

50,000.00
50,000.00
13,905.31
40,000.00

Demand deposits_______ 1,125,156.66
24,444.78
U. S. Gov’t deposits____
Public funds___________
141,748.70
Deposits of banks_______
24,495.83
Total dep. _.$1,315,845.97
Total _________________ $1469,751.28

THE CITIZENS BANK, BATESVILLE
Population 6,414. Independence County
Chartered February 19, 1953". Telephone Number 1412. Transit Number 81-773
Officers
Directors
J. K. Southerland__________President
S. M. Bone
N. K. Sims
Marvin E. Phelps________ Exec.^Vice
John Moody
J. K. Southerland
President Marvin E. Phelps
Eagle Street
S. M. Bone__________Vice President
M. A. Conyers______________ Cashier
Marean Pearson______ Asst. Cashier
Edna L. Morgan--------- Asst. Cashier
STATEMENT OF
Resources
Loans and Discounts----- $ 704,900.03
Overdrafts ____________
183.84
U. S. Gov’t obligations_ 315,429.50
Other bonds and
securities ___________
127,819.52
Furniture and fixtures—
23,754.96
Banking house-------------55,241.97
Cash and due from banks 312,082.09
Other resources-----------109.17

Total



$1,539,521.08

JUNE 30, 1955
Liabilities
Capital stock___________ $ 100,000.00
Surplus fund___________
50,000.00
Undivided profits ___
24,641.01
Reserves ______________
1,800.00
Total capital
a c c o u n ts _$176,441.01
Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public funds___________
Deposits of banks_______
Total d e p ._$1,363,080.07
Total

858,172.95
220,971.91
16,779.97
122.470.05
144,685.19

$1,539,521.08

30

State of Arkansas: Bank Department

THE CITIZENS BANK, BEARDEN
Population 1,300.
Chartered June 7, 1945

Ouachita County-

Telephone Number 129

Officers
Garland Anthony_________ President
J. W. Gossett________ Vice President
R. W. Launius_______ Vice President
Hugh Thompson____________ Cashier
T. E. Evans__________Asst. Cashier

Transit Number 81-749

Directors
Edwin Anthony
R. W. Launius
Garland Anthony
Horace Looney
J. W. Gossett
Hugh Thompson

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
U. S. Gov’t obligations
Other bonds and
securities ____________
Furniture and fixtures
Cash and due from banks
Other resou rces________

181,412.26
259,968.75
132,356.98
3,816.39
222,813.86
170.63

Total _______________ $ 800,538.87

Liabilities
Capital s t o c k ---------------- $ 25,000.00
35,000.00
Surplus fund ---------------Undivided p r o fit s ______
21,121.21
Total capital
accounts—$ 81,121.21
—;--------------Demand deposits----------663,535.16
U. S. Gov’t deposits___
2,936.82
52,945.68
Public fu n d s ___________
Total dep.
719,417.66
Total

_________________ $ 800,538.87

CITIZENS BANK, BEEBE
Population 1,192
Chartered June 21, 1917.

White County

Tel. No. TAylor 8-5471.

Officers
E. H. Abington____________ President
J. R. Sloan___________ Vice President
T. E. Abington_____________ Cashier

Transit Number 81-588

Directors
Catherine C. Abington
E. H. Abington
Frank Garrison
T. E. Abington
I. N. Kelley
H. M. Dodds
J. R. Sloan

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 430,101.33
O verdrafts-------------------241.01
99,633.50
U. S. Gov’t obligations_
Furniture and fixtures —
1.00
Banking h o u se ------------1.00
Other real esta te_______
1.00
Gash and due from banks 134,910.98

Liabilities
Capital s t o c k __________!
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 97,832.08
Demand deposits ______
Public funds __________
Total dep.
567,057.74

Total



$ 664,889.82

Total

$

25 000.00
25.000. 00
12,832.08
35.000. 00

550,046.15
17,011.59

664,889.82

Forty-First Report

31

BENTON STATE BANK, BENTON
Population 6,277. Saline County
Chartered February 9, 1934.
Tel. No. SPring 8-2591.
Transit No. 81-711
Officers
W. R. Alsobrook__________President
W. A. Springer______ Vice President
Glenville Rhodes_____ Vice President
T. B. Lyle_Vice President & Cashier
B. J. Ford______Asst. Vice President
Van H. Wright_______Asst. Cashier
Carl Wright_________ Asst. Cashier

Directors
Dr. H. B. Alsobrook Glenville Rhodes
W. A. Springer
W. R. Alsobrook
D. J. Stirman
Clyde E. Fish
L. B. White
H. J. Gingles
T. B. Lyle

STATEMENT OF JUNE 30. 1955
Liabilities
Resources
Loans and discounts___ $2,339,905.99 Capital s t o c k __________ $ 300,000.00
U. S. Gov’t obligations_ 2,295,505.28 Surplus fund __________ 300,000.00
Undivided p r o fit s ______
30,703.55
Other bonds and
732,127.62 Reserves ______________
7,133.88
securities ___________
Furniture and fixtures_
41,382.06 Total capital
accounts_ 637,837.43
Banking h ou se_________
4,811.65
Cash and due from banks 1,422,633.82
18.64 Demand deposits_______ 3,362,639.15
Other resources________
Time deposits__________ 1,821,993.19
U. S. Gov’t d eposits__
213,994.15
Public fu n d s ___________ 638,628.77
Deposits of b an k s_______ 114,500.00
Total d e p ._$6,151,755.26
Other liabilities________
Total

$6,836,385.06

Total

46,792.37
$6,836,385.06

THE UNION BANK OF BENTON, BENTON
Population 6,277. Saline County
Chartered January 11, 1954
Transit Number 81-774
Telephone Number SPring 8-4111
Officers
J. W. Lewellen____________ President
T. H. Duke____ Exec. Vice President
& Cashier
Ralph Neaville________Asst. Cashier

Directors
Henry Brown
J. W. Lewellen
T. H. Duke
Wade Mallett
Henry Finkbeiner I. E. McCray, Sr.

STATEMENT OF
Resources
Loans and discounts___ $ 339,160.09
U. S. Gov’t obligations_ 223,245.35
Other bonds and
securities______
47,000.00
Furniture and fixtu res_
18,841.33
Banking h ou se___
3,523.04
Cash and due from banks 656,228.25
Other resources__
750.00

JUNE 30, 1955
Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fits ______
Total capital
accounts_$ 159,784.20

Total



.$1,288,748.06

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public funds __________
Total dep. __$1,128,963.86
Total

100, 000.00

50,000.00
9,784.20

636,760.75
247,790.99
35,865.63
208,540.49

$1,288,748.06

32

State of Arkansas: Bank Department

BANK OP BENTONVILLE, BENTONVILLE
Population 2,942.

Benton County

Chartered February 25, 1931. Telephone Number 149. Transit Number 81-701
John
Paul
Fred
Or e
Jack

Officers
D. Wright----------------President
Hall------------------ Vice President
Douglas----------------------- Cashier
Lee Craig_______ Asst. Cashier
Wright__________ Asst. Cashier

Directors
Fred Douglas
Paul Hall
Wm. H. Enfield
Carl Hutchens
Melvin Hall
John D. Wright

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts____$1,210,890.88
U. S. Gov’t obligations_ 877,122.19
Other bonds and
securities____________
291,041.67
Furniture and fixtures_
16,000.00
Barking h ou se_________
5,500.00
Cash and due from banks 842,071.03

Liabilities
Capital s to c k __________ $
Surplus f u n d __________
Und vided p r o fit s ______
R eserv es__ . __________
Total capital
accounts_$ 211,923.19

70,000.00
70,000.00
61,224.03
10,699.16

Demand deposits_______ 2,071,557.80
Time deposits__________ 540,048.77
U. S. Gov’t deposits___
31,568.33
Public fu n d s ___________
387,527,68
Total d e p ._$3,030,702.58
Total

$3,242,625.77

Total _________________ $3,242,625.77

BANK OF BLEVINS, BLEVINS
Population 271.

Hempstead County

Chartered August 12, 1912. Telephone Number 2274. Transit Number 81-518
Officers
H. M. Stephens____________ President
Herbert M. Stephens._Vice President
P. C. Stephens______________ Cashier

Directors
H. M. Stephens
P. C. Stephens
Herbert M. Stephens

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts____ $ 109,169.50
U. S. Gov’t obligations___ 90,750.00
Other bonds and
secu rit'es_______
21,166.00
Furniture and fixtures___
1,227.00
Banking h ou se____
1.00
Cash and due from banks
95,933.77
Other resources___
320.00

Total



$ 318,567.27

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fits ______
Reserves ______________
Total capital
accounts__$ 59,599.13

25,000.00
25,000.00
7,804.51
1,794.62

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 258,968.14

206,788.83
24,100.00
3,268.75
24,810.56

Total

.$ 318,567.27

Forty-First Report

farm ers bank

and

33

t r u s t c o m p a n y , b l y t h e v il l e

Population 16,234.

Mississippi County

Chartered March 16, 1908. Telephone No. POplar 3-8101. Transit No. 81-105
B.
R.
F.
R.
L.
H.

A.
A.
E.
L.
A.
N.

Officers
Lynch______________ President
P o r te r _______ Vice President
Warren_______ Vice President
Banister______________ Cashier
Crowe---------------Asst. Cashier
Whitis_________ Asst. Cashier

STATEMENT OF
Resources
Loans and discounts_$4,690,681.08
Overdrafts ____________
1,589.14
U. S. Gov't obligations_ 2,745,125.00
Other bonds and
securities______
324,121.83
Furniture and fixtures_
19,024.00
47,500.00
Banking house___
Cash and due from banks 1,476,480.39
40,336.88
Other resources__

Directors
J. L. Cherry
R. A. Porter
C. A. Cunningham
B. S. Simmons
I. R. Johnson
F. E. Warren
Chas. C. Langston
L. H. Welch
B. A. Lynch
JUNE 30, 1955
Liabilities
Capital s t o c k __________$ 200,000.00
Surplus f u n d __________ 800,000.00
Undivided p r o fit s ______
71,503.82
Reserves ________________
44,244.30
Total capital
accounts_$1,115,748.12
Demand deposits_______ 5,673,690.68
Time deposits__________ 1,935,383.89
U. S. Gov’t deposits___
70,529.06
Public fu n d s ___________
463,431.61
Deposits of ban k s______
56,877.51
Total dep. __$8,199,912.75
Other liabilities________

Total

$9,344,858.32

29,197.45

Total _________________ $9,344,858.32

CITIZENS BANK, BOONEVILLE
Population 2,433.
Chartered April 18, 1910.

Logan County

Telephone Number 274.

Officers
Long John Williams_______President
& Cashier
Abe Williams_________Vice President
George R. Edwards___ Asst. Cashier

Transit Number 81-195

Directors
George R. Edwards
Mattie Edwards Long John Williams
Abe Williams
Paul X. Williams

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts____$ 454,984.20 Capital s to c k __________$ 50,000.00
50,000.00
1,958.11 Surplus f u n d __________
Overdrafts ____________
82,441.29
U. S. Gov’t obligations_ 1,136,000.00 Undivided p r o fits ______
Total capital
Other bonds and
accounts_$ 182,441.29
securities____________
1.00
Furniture and fixtu res_
1,000.00
Banking h ou se_________
4,000.00 Demand deposits_______ 1,733,123.41
Other real estate_______
5.00 U. S. Gov’t deposits___
4,638.38
Cash and due from banks 486,628.46 Public fu n d s___________
164,373.69
Total dep-----1,902,135.48
Total



$2,084,576.77

Total

$2,084,576.77

34

State of Arkansas: Bank Department

THE BANK OF BRADLEY, BRADLEY
Population 444.

Lafayette County

Chartered April 10, 1933. Telephone Number 2351.

Transit Number 81-513

Officers
J. B. Edwards_____________President
Margaret R. Meek___ Vice President
J. W. Meek_________________ Cashier
J. W. Meek, Jr________ Asst. Cashier

Directors
Margaret R. Meek
W. T. Murphy, Jr.

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

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 270,346.02
Capital s t o c k __________ $ 25,000.00
25,000.00
Overdrafts ___ '________
159.71 Surplus f u n d __________
U. S. Gov’t obligations_ 285,000.00 Undivided p r o fits ______
39,755.60
Other bonds and
Total capital
securities____________
44,150.00
a ccou n ts_$ 89,755.60
2,548.00
Furniture and fixtures_
Banking h ou se_________
200.00 Demand deposits_______ 514,358.51
Other real estate_______
3.00 U. S. Gov’t deposits___
2,093.75
Cash and due from banks 183,775.05 Public fu n d s ----_----------179,973.92
Total dep. __$ 696,426.18
Total

$ 786,181.78

Total

$ 786,181.78

BANK OF BRINKLEY, BRINKLEY
Population 4,173.
Chartered January 17, 1903.

Monroe County

Telephone Number 31.

Officers
A. L. Rusher______________President
Frank Andrews_______Vice President
John F. Cole______Active Vice Pres.
R. H. Midkiff----------------------- Cashier
Joe J. Roberts_________Asst. Cashier

Transit Number 81-191

Directors
Frank Andrews
E. D. McKnight
John F. Cole
A. L. Rusher
L. C. Dial
James B. Sharp

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $1,129,360.79
Capital s t o c k __________$ 50,000.00
U. S. Gov’t obligations_ 540,000.00 Surplus f u n d __________
100,000.00
Other bonds and
Undivided p r o fits ______
62,351.11
245,866.58 Reserves ______________
securities____________
1,000.00
Furniture and fixtures_
25,750.00 Total capital
Banking h ou se_________
36,000.00
accounts_$ 213,351.11
Other real estate_______
1.00
Cash and due from banks 583,797.67 Demand deposits_______ 1,761,187.53
Other resources ________
778.15 Time deposits__________
377,150.90
U. S. Gov’t deposits___
84,281.23
Public fu n d s ___________
125,583.42
Total dep. — $2,348,203.08
Total __________________ $2,561,554.19



Total ----------------------------$2,561,554.19'

Forty-First Report

35

BANK OF CABOT, CABOT
Population 1147.
Chartered March 23, 1903.

Lonoke County-

Telephone Number 19.

Officers

Transit Number 81-304
Directors

Fred B. Garlington________President
Mrs. Marvin Park______Vice Pres. &
Cashier
Mrs. Cecil T. Owen___ Asst. Cashier

J. C. Alexander
W. T. Barnwell
Fred B. Garlington
Jake W. Lowman

Mrs. Marvin Park
Lewis T. See
Jeff D. Wood

STATEMENT OF JUNE 30, 1955
Resources

Liabilities

Loans and discounts___ $ 867,732.34
Overdrafts ____________
34.93
U. S. Gov’t obligations_ 439,712.00
Other bonds and
93,950.00
securities____________
Furniture and fixtures_
1.00
Banking h ou se_________
20,000.00
Other real estate_______
1.00
Cash and due from banks 441,590.93

Total -------------------------- $1,863,022.20

Capital s t o c k __________$
Surplus f u n d __________
Undivided p r ifit s ______
Reserves ______________
Total capital
accounts_$ 205,488.21

50,000.00
50,000.00
85,835.24
19,652.97

Demand deposits_______ 1,277,712.97
Time deposits__________ 262,774.81
U. S. Gov’t deposits___
67,145.76
49,900.45
Public fu n d s ___________
Total dep. __$1,657,533.99
Total -------------------------- $1,863,022.20

STATE BANK OF CALICO ROCK, CALICO ROCK
Population 963.
Chartered May 1, 1914.

Izard County

Telephone Number 4.

Officers

Transit Number 81-305
Directors

S. E. McNeill_____________ President
Dr. Noel J. Copp---------Vice President
E. C. Rodman'_______________ Cashier
Mrs. Boyce H.’cks______Asst. Cashier

Dr. Noel J. Copp
L. E. Evans
S. E. McNeill

E. C. Rodman
Gulley R. Seay

STATEMENT OF JUNE 30, 1955
Resources

Liabilities

Loans and discounts___ $ 234,438.22
Overdrafts ____________
808.31
U.' S. Gov’t obligations_ 806,000.00
Other bonds and
securities____________
9,000.00
Furniture and fixtures_
1.00
Banking house_________
1.00
Other real estate_______
3.00
Cash and due from banks 419,835.42
Other resources________
1,361.00

Demand deposits_______ 1,329,791.06
Time deposits__________
3,118.78
Public fu n d s___________
29,853.59
Total dep. __$1,362,763.43

Total

Total




$1,471,447.95

Capital s t o c k __________$
Surplus f u n d __________
Undivided profits ____
Total capital
accounts_$ 108,684.52

25,000.00
67,500.00
16,184.52

$1,471,447.95

36

State of Arkansas: Bank Department
THE MERCHANTS AND PLANTERS BANK, CAMDEN
Population 11,372.

Chartered March 4, 1931.

Ouachita County-

Telephone Number 6-2930.

Transit Number 81-96
Directors

Officers

C. I. Grayson____________ President
H. T. Patton_________Vice President
J. W. Coan__________________ Cashier
O. G. Burnham_________Asst. Cashier
E. L. Harrison__________Asst. Cashier
P. W. Wooldridge______ Asst. Cashier

Mike Berg
J. W. Coan
E. W. Copeland
C. S. Early
C. I. Grayson

E. L. Harrison
H. T. Patton
John Watts
P. W. Wooldridge

STATEMENT' OF JUNE 30, 1955
Liabilities

Resources

Loans and discounts___ $ 980,727.47
U. S. Gov’t obligations_ 1,677,900.00
Other bonds and
securities____________ 1,540,007.24
Furniture and fixtures_
1.00
Cash and due from banks 1,826,686.08
Other resources________
1.00

Capital s t o c k __________$ 100,000.00
50,000,00
Surplus fund _------------Undivided p r o fit s ______ 283,778.34
100,000.00
Reserves ______________
Total capital
accounts_$ 533,778.34

Total

Total

$6,025,322.79

Demand deposits_______ 4,352,173.50
Time deposits__________
626,702.42
U. S. Gov’t deposits___
61,870.24
Pubi c fu n d s ___________
443,103.93
Deposits of ban k s______
7,694.36
Total dep. __$5,491,544.45
$6,025,322.79

CITIZENS BANK, CARLISLE
Population 1,396.

Lonoke County

Chartered December 22, 1930. Telephone Number 2111. Transit Number 81-689
Officers

A. H. Hunt_______________President
C. W. Harper_______Vice President
J. L. Woosley_______________ Cashier
Mary Burnett__________Asst. Cashier

Directors
A. W. Birdsong
E. L. Morris
F. E. Downs, Jr.
F. M. Perkins
A. H. Hunt
H. L. Perkins
J. M. Johnson

STATEMENT’ OF JUNE 30, 1955
Officers

Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se _________
Cash and due from banks

Liabilities

374,834.96
391.65
587,500.00
164,968.50
7,188.60
15,500.00
534,672.96

Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fits ______
Reserves ______________
Total capital
accounts_$ 163,663.85

Demand deposits_______ 1,419,785.30
U. S. Gov’t deposits___
19,124.08
Public fu n d s ___________
72,471.27
Total dep. __$1,511,380.65
Other liabilities________

Total __________________ $1,685,051.67



50,000.00
25,000.00
86,263.85
2,400.p0

Total

10,007.17

----------------------------$1,685,051.67

Forty-First Report

37

BANK OF CAVE CITY, CAVE CITY
Population 372.
Chartered July 2, 1906.

Sharp County-

Telephone Number 2311.

Officers
Eagle Street______________ President
Eugene Street________Vice President
Carl D. Medlock____________ Cashier
Nina Medlock_________Asst. Cashier

Transit Number 81-310

Directors
J. A. Carpenter
Eugene Street
C. L. Hoggard
James Street
Eagle Street

STATEMENT OF JUNE 30, 1955
Resources
Loans and d iscou n ts__$ 332,088.67
Overdrafts
_
101.27
U. S. Gov’t obligations_ 206,000.00
Other bonds and
securities____________
79,566.75
Furniture and fixtures _
1,400.00
Banking house ________
4 000.00
Cash and due from banks 121,829.47

Total

744,986.16

Liabilities
_$
Capital s t o c k _
Surplus fund _
__
Undivided profits
Total capital
accounts_$ 67,393.72

25,000.00
25,000.00
17,393.72

Demand deposits
Time deposits _
U. S. Gov’t deposits__
Public funds _
_ _ _
Total dep.
677,592.44

545,889.38
96 560.43
2,793.75
32,348.88

Total

744,986.16

AMERICAN STATE BANK, CHARLESTON
Population 968.
Chartered June 29, 1910.

Franklin County

Telephone Number 14.

Officers
Clyde Hiatt----------------------- President
B. H. McDonald_____Vice President
H. E. Shumate--------------------- Cashier
Theo M. Classen_______Asst. Cashier

Transit Number 81-268

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

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures _
Banking h ou se_________
Cash and due from banks
Other resources________

Total

571,130.75
2,811.61
334,700.00
157,816.03
1.00
1.00
315,878.95
1.00

__________________ $1,382,340.34




Liabilities
Capital s t o c k __________$ 25,000.00
Surplus fund __________
50,000.00
Undivided p r o fit s ______ 116,430.46
Total capital
accounts _$ 191,430.46
Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total d e p ._$1,190,909.88
Total

950,234.13
164,540.19
6,355.50
69,780.06

__________________ $1,382,340.34

38

State of Arkansas: Bank Department

BANK OF CHERRY VALLEY, CHERRY VALLEY
Population 521.

Cross County

Chartered January 24, 1907. Telephone Number 2391. Transit Number 81-313
Officers
Directors
W. Maurice Smith_________President H. H. Beasley H. P. Maddox, Sr.
W. Maurice Smith, Jr._Vice President Millard Carter W. Maurice Smith
H. H. Beasley—Vice Pres. & Cashier R. L. Ellis
W. Maurice Smith, Jr.
J. R. Cavin------------------ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ 1 425,761.93 Capital s t o c k __________ $ 25,000.00
Overdrafts ____________
115.65 Surplus fund ___________
25,000.00
U. S. Gov’t obligations_ 200,000.00 Undivided p r o f it s ______
58,924.50
Total capital
Other bonds and
231.22
accounts_$ 108,924.50
securities____________
Furniture and fixtures __
1040.38
------------------1.00 Demand d eposits_______
608,280.59
Banking h ou se _________
Cash and due from banks 152,524.73 U. S. Gov’t deposits____
6,845.00
Other resources _______
491.20 Public fu n d s ___________
56,116.02
Total dep.
671,241.61
Total

.$ 780,166.11

Total

.$ 780,166.11

BANK OF CHIDESTER, CHIDESTER
Population 425.

Ouachita County

Chartered April 29, 1909. Telephone, Number OV 5-2261. Transit Number 81-314
Officers
W. G. Rushing------------------ President
Thos. H. Benton_____Vice President
C. B. Clingan_______ Vice President
Mrs. Lee A. Purifoy________ Cashier
Mrs. Mary G. Wylie___ Asst. Cashier

Directors
Thos. H. Benton W. G. Rushing
C. B. Clingan
Beulah R. Taylor
Roy E. Holleman J. T. Walker
Beulah P. Mayne

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
76,343.37
Overdrafts ____________
78.19
U. S. Gov’t obligations_ 191,000.00
Other bonds and
securities____________
14 847.90
Banking h o u se ___
800.00
Other real e s t a t e _
1.00
Cash and due from banks
91,807.27
Other resources _______
1,106.02

Total



$ 375,983.75

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o f it s ___ ,_
Total capital
accounts_$ 38,785.85
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total d e p ._$ 337,197.90
Total

25,000.00
5,000.00
8,785.85

289,206.53
8,100.00
3,780.25
36,111.12

.$ 375,983.75

Forty-First Report

39

THE MERCHANTS AND PLANTERS BANK, CLARENDON
Population 2,547.

Chartered July 23, 1890.

Monroe County

Telephone Number 18.

Officers
S. J. Dean________________ President
W. H. Brown Vice Pres. & Cashier
Dorothy Dean________Asst. Cashier
Pat McKay____________ Asst. Cashier

Transit Number 81-164

Directors
H. B. Bateman
S. J. Dean
W. H. Brown
Ross Reynolds
Dorothy Dean

STATEMENT OF JUNE 30, 1955
Resources

Loans and discounts___ !
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

Total

808,617.57
194.63
144,366.92
293,470.35
10,463.32
560,617.67

$1,817,730.46

Liabilities
Capital s t o c k __________$ 100,000.00
Surplus fund __________
60,000.00
Undivided p r o f it s ______
18,025.65
Reserves ______________
1,000.00
Total capital
accounts_$ 179,025.65
------------------Demand deposits ______ 1,100 799.18
Time deposits _________ 303,537.45
Public fu n d s ___________ 234.368.18
Total dep. __$1,638 704.81
Total

$1,817,730.46

CLINTON STATE BANK, CLINTON
Population 853.

Van Buren County

Chartered October 16, 1946. Telephone Number 131. Transit Number 81-758
Officers
Howard Johnson___________ President
C. M. Horton_________Vice President
Garner M. Johnson__________Cashier
Joe G. Fraser________ Asst. Cashier
Dois G. Johnson______ Asst. Cashier

Directors
Homer Brown
Howard Johnson
C. M. Horton
Roy Lefler
Garner M. Johnson Arthur Lewis

STATEMENT OF JUNE 30, 1955
Resources

Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking h ou se_________
Cash and due from banks

515,983.24
759,000.00
181,129.23
8,745.16
6,500.00
368,976.27

Liabilities
Capital stock __________$
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 171,259.24

50,000.00
50,000.00
61,259.24
10 000.00

Demand deposits ______ 1,552,634.20
U. S. Gov’t deposits___
29,369.64
Public fu n d s ___________
87,070.82
Total dep. __$1,669,074.66
Total



$1,840,333.90

Total

$1,840,333.90

40

State of Arkansas: Bank Department

FIRST STATE BANK, CONWAY
Population 8,610. Faulkner County
Chartered February 8, 1946. Telephone Number 390. Transit Number 81-754
Officers
Directors
W. D. Ketcheside_________ President J. R. Edwards
W. D. Ketcheside
Thos. G. Wilson_Exec. Vice President Edward A. Halter J. R. Ott
Rogers C. Moore____________Cashier W. E. Jumper
Thos. G. Wilson
Jane Thomas_________ Asst. Cashier
Pat Lea______________ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
iP 60,000.00
Loans and discounts___ $1,169,981.03 Capital stock _ —
80,000.00
U. S. Gov’t obligations_ 1,469,946.89 Surplus fund _
90,601.88
Undivided profits
Other bonds and
14,975.00
securities____________
524,753.16 Reserves
11,492.42 Total capital
Furniture and fixtures_
accounts_$ 245,576.88
Banking h o u se _________
9,584.00
Other real e s ta t e _____
1,459.66
2,267,131.67
Cash and due from banks 684.709.72 Demand deposits
Time deposits _
498,294.77
87,759.95
U. S. Gov’t deposits___
Public fu n d s _
772,075.59
Deposits of banks
1,088.02
Total dep. __$3,626 350.00
Total

-------------------------- $3,871,926.88

Total

_________________ $3,871,926.88

THE CORNING BANK, CORNING
Population 2,045. Clay County
Chartered January 29, 1931. Telephone No. UL 7-3261. Transit No.81-211
Officers
Directors
Sam L. Manatt____________ President L. G. Black
Sam L. Manatt
Mrs. Sam L. Manatt_Vice President
John O. Black
Mrs. Sam L. Manatt
Sam L. Manatt, Jr_________
M. G. Hoffman
Sam L. Manatt, Jr.
Vice Pres, and Cashier F. B. Manatt
Edith Toalson_________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts____$1,432,140.09 Capital s t o c k __________$ 100,000.00
75,000.00
U. S. Gov’t obligations_ 613,906.25 Surplus f u n d --------------Undivided p r o fits ______
68,993.13
Other bonds and
securities____________
46,563.53 Total capital
accounts_$ 243,993.13
Furniture and fixtures_
8,989.87
Banking h ou se_________
13,525.89
Cash and due from banks 776,955.71 Demand deposits_______ 2,267,608.61
T me deposits__________
217,827.92
U. S. Gov’t deposits___
30,937.06
Public fu n d s ___________
131,714.62
Total d e p ._$2,648,088.21
Total



$2,892,081.34

Total

$2,892,081.34

Forty-First Report

41

BANK OF CROSSETT, CROSSETT
Population 4,619. Ashley County
Chartered December 22, 1913. Telephone No. FOrest 4-4712. Transit No. 81-321
Officers
Directors
Wm. C. Norman_________ President
J. C. Carpenter
J. B. Posey, Jr.
Roy Dooley
Roy Dooley-----------------Vice President
Sulo Sihvonen
J. T. Erwin
J. B. Posey, Jr______________ Cashier
P. F. Watzek
C. E. Hannum__________Asst. Cashier A. T. McDonough
S. A. Wilcoxon
Wm. C. Norman
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 728,917.69 Capital s t o c k __________$ 100,000.00
O v erd ra fts_•-_________
84.19 Surplus f u n d __________ 200,000.00
149,971.88
U. S. Gov’t obligations_ 4,108,566.29 Undivided p r o fit s _____
Other bonds and
Reserves ______________
43,228.46
314,862.30 Total capital
securities ___________
accounts_$ 493,200.34
Furniture and fixtures_
22,797.38
Banking hou se_________
11,660.84
Cash and due from banks 958,440.78 Demand deposits_______ 3,500,239.41
Other resources________
3.00 Time deposits___________ 1,167,418.67
U. S. Gov’t deposits___
251,261.50
Public fu n d s ___________ 689,702.05
Total dep. —$5,608,621.63
Other liabilities________
Total _________________ $6,145,332.47

43,510.50

Total _________________ $6,145,332.47

DANVILLE STATE BANK, DANVILLE
Population 829. Yell County
Chartered October 3, 1930. Telephone Number 36. Transit Number 81-700
Officers
Directors
John Ed Chambers_______ President H. W. Burnham
Jim Bill Gatlin
Neil Sims____________ Vice President J. E. Chambers
J. W. Hull
Jim Bill Gatlin______________ Cashier John Ed Chambers
Neil Sims
Selma C. Gatlin_______ Asst. Cashier
J. F. Nunn___________ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
_$ 30,000.00
Capital s to ck ____
Loans and discounts___ $ 273,978.86
30,000.00
U. S. Gov’t obligations_ 582,400.00 Surplus fund
Other bonds and
Undivided profits
65,303.82
securities____________
46,096,28 Total capital
accounts__$ 125,303.82
Furniture and fixtu res_
1.00
Banking h ou se______________5,000.00
804,558.73
Cash and due from banks 221,065.63 Demand deposits _
45,617.77
Other resources________
1.00 Time deposits _
U. S. Gov’t deposits___
3,239.18
Public funds
149,823.27
Total dep. —$1,003,238.95
Total



$1,128,542.77

Total

. — $1,128,542.77

42

State of Arkansas: Bank Department

BANK OF DARDANELLES DARDANELLE
Population 1,772.

Yell County

Chartered September 12, 1934. Telephone Number 28. Transit Number 81-599
Officers
J. C. Woodson_____________President
Garrett Jones________Vice President
Robert L. Holland___________Cashier
Arminta M. Jones_____ Asst. Cashier

Directors
C. R. George
Jimmie Wallis
John L. Hamilton
J. C. Woodson
Garrett Jones

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 389,660.53
277.26
Overdrafts_____________
U. S. Gov’t obligations_ 623,073.00
Other bonds and
securities____________
882.50
5,000.00
Furniture and fixtures_
Banking h o u se _________
5,500.00,
Cash and due from banks 321,580.36
Other resources________
449.02

Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p r o fit s ______
Total capital
accounts_$ 115,584.83

25,000.00
25,000.00
65,584.83

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,230,837.84

884,592.24
219,881.29
12,525.29
113,839.02

T o ta l__________________ $1,346,422.67

T o ta l__________________ $1,346,422.67

DECATUR STATE BANK, DECATUR
Population 350.
Chartered May 27, 1954.

Benton County

Telephone Number 103.

Officers
I. N. Hepner_____________ President
Edgar T. Parker_Exec. Vice Pres.
Lloyd E. Peterson___ Vice President
C. Tom Edmiston__________ Cashier

Transit Number 81-775

Directors
C. J. Carter
Charles T. North
C.L. Daves
Edgar T. Parker
C. T.Edmiston
D. Mae Peterson
I. N. Hepner
Lloyd E. Peterson
J. R. Kincaid
A. D. Shultz

STATEMENT OF JUNE 30, 1955
Resources
Loans and d'scounts___ $ 227,391.38
U. S. Gov’t obligations __ 225,133.00
Other bonds and
securities____________
750.00
Furniture and fixtu res_
7,000.00
Cash and due from banks 319,370.30
Other resources________
625.56

Total



$ 780,270.24

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s _____
Total capital
accounts__$ 66,051.30

40.000. 00
20.000. 00
6,051.30

Demand deposits_______ 664,655.34
U. S. Gov’t deposits___
13,040.81
Public fu n d s _____________
36,522.79
Total dep. __$ 714,218.94
Total

$ 780,270.24

Forty-First Report

43

BANK OF DELIGHT, DELIGHT
Population 574. Pike County
Chartered June 16, 1911. Telephone Number 4141. Transit Number 81-326 <
Officers
Directors
Olen Hendrix----------- Vice President
Olen Hendrix
C. E. Reid
D. C. Humphry
D. C. Humphry---------Vice President
Edna Johnson------------- Asst. Cashier
Dorothy Johnson______ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Capital s t o c k __________$ 25,000.00
Loans and discounts___ $ 220,878.90
25,000.00
Surplus f u n d --------------3.23
Overdrafts ____________
U. S. Gov’t obligations_ 156,500.00 Undivided p r o fit s _____
27,360.81
Other bonds and
Total capital
accounts_$ 77,360.81
34,433.80
securities ___________
Furniture and fixtures_
1.00
Banking hou se_________
1.00 Demand deposits _______ 446,325.32
Cash and due from banks 236,056.13
Time deposits ________ 105,487.18
U. S. Gov’t deposits___
843.75
Public fu n d s ___________
17,857.00
Total dep. __$ 570,513.25
Total _________________ $ 647,874.06

Total _________________ $ 647,874.06

DERMOTT STATE BANK, DERMOTT
Population 3,601. Chicot County
Chartered July 8, 1935.
Telephone Number 11.
Transit Number 81-720
Officers
Directors
John Baxter---------------------- President John Baxter
R. H. Dennington
W. F. Pierce------------Vice President John M. Baxter
W. E. Lephiew
Clarence Horton--------------------Cashier W. H. Bynum
W. F. Pierce
Mary K. Tucker______ Asst. Cashier
Frank Henry, Jr______Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts_$1,192,618.98
Capital stock _
$ 50,000.00
Overdrafts ____________
198.03
Surplus fund
100,000.00
U. S. Gov’t obligations_ 965,556.00
Undivided profits
67,219.87
Reserves _ _
Other bonds and
20,225.49
10,000.00
securities______
Total capital
accounts__$ 237,445.36
Furniture and fixtures_
3,500.00
Bank'ng h ou se___
9,000.00
Other real estate_
16,000.00
Demand deposits _
1,417,825.43
811,146.13
Cash and due from banks 618,181.74 Time deposits
Other resources__
5,408.04
U. S. Gov't deposits___
18,562.49
Public funds
335,483.38
Total dep. —$2,583,017.43
Total



$2,820,462.79

TcCal

$2,820,462.79

44

State of Arkansas: Bank Department

FARMERS AND MERCHANTS BANK, DES ARC
Population 1,612.

Prairie County

Chartered January 20, 1902. Telephone Number 2191. Transit Number 81-233
Officers
Henry Nichols_____________ President
L. R. Brown--------------------Vice Pres, and Cashier
R. L. Morton---------------- Asst. Cashier

Directors
L. R. Brown
W. J. Caskey

Henry Nichols

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
$
Capital s to c k ____ _
Loans and discounts___ $ 696,185.52
Surplus f u n d __________
U. S. Gov’t obligations_ 444,900.00
Undivided profits
Other bonds and
17,000.00 Reserves _____ s e c u r itie s ____
Furniture and fixtures_
6,123.19 Total capital
accounts_$ 220,507.22
Banking house
1.00
Cash and due from banks 180,631.55
Demand deposits
__ __
Time deposits _
U. S. Gov’t deposits___
Public funds
Total d e p ._$1,124,334.04
Total _________________ $1,344,841.26

50,000.00
100,000.00
25,467.80
45,039.42

833,615.95
107,990.48
963.28
181,764.33

Total _________________ $1,344,841.26

DeWITT BANK AND TRUST COMPANY, DeWITT
Population 2,843. Arkansas County
Chartered March 1, 1929. Telephone No. WHitney 6-4161. Transit No. 81-245
Officers
Directors
George Smith_______
President A. G. Bauer
R. H. Maddox
R. H. Maddox________
J. Brown
George Smith
_______Vice President & Cashier
C. L. Whitmore
G. W. Hall
J. Brown______________Asst. Cashier
F. A. Trice___________ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts----- $1,394,523.86 Capital stock ___________ $ 100,000.00
100,000.00
U. S. Gov’t obligations. _ 506,000.00 Surplus fu n d ___________
Undivided p rofits_______ 149,803.64
Other bonds and
52,556.21
securities____________ 621,959.20 Reserves_______________
Furniture and fixtures __
1.00 Total capital
accounts_$ 402,359.85
Banking h ou se _________
1.00
Other real esta te_______
1.00
Cash and due from banks 2,762,082.08 Demand deposits_______ 4,246,176.87
Other resources________
1.00 Time deposits__________ 348,947.75
U. S. Gov’t deposits___
83,272.96
Public fu n d s ___________
203,811.71
Total d e p ._$4,882,209.29
Total



$5,284,569.14

Total

$5,284,569.14

Forty-First Report

45

BANK OF DOVER, DOVER
Population 510.

Pope County

Chartered September 29, 1905. Telephone Number 2481. Transit Number 81-329
Officers
John E. Moore------------------President
T. C. Campbell________Vice President
W. M. Wallace_____________ Cashier
Sue Shoptaw___________ Asst. Cashier

Directors
David R. Bewley
S. F. McCain
T. C. Campbell
John E. Moore
L. J. Churchill
W. M. Wallace

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
$ 25,000.00
Loans and discounts___ $ 217,737.99 Capital s t o c k _
Surplus f u n d __ __ _ _
U. S. Gov’t obligations_ 198,000.00
25,000.00
Undivided profits
28,880.21
Other bonds and
10,000.00 Total capital
securities _
accounts_$ 78,880.21
Furniture and fixtu res_
3,141.34
Banking h ou se__
3,000.00
445,252.12
Cash and due from banks 132,174.75 Demand deposits
1.00 Time deposits _ ______
7,000.00
Other resources________
U. S. Gov’t deposits___
418.15
Public funds _
32,504.60
Total dep. __$ 485,174.87
Total _________________ $ 564,055.08

Total _________________ $ 564,055.08

MERCHANTS AND FARMERS BANK, DUMAS
Population 2,512. Desha County
Chartered May 10, 1909. Telephone Number 114. Transit Number 81-330
Officers
R. A. Adcock______________President
R. A. Pickens_________Vice President
Claud T. Frank______________ Cashier
Ernest C. Bradshaw___ Asst. Cashier

Directors
R. A. Adcock
Ray Maxwell
J. E. Allmon
Joe Lee McKennon
R. F. Cox
R. A. Pickens
Jack S. Dante
D. O. Porter
Claud T. Frank
O. L. Puryear
E. C. Gannaway
Lamar Williamson

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital s t o c k __________$ 100,000.00
Loans and discounts------- 1,565,768.09
U. S. Gov’t obligations_ 581,487.50 Surplus fund __________ 200,000.00
Undivided p rofits_______
34,061.41
Other bonds and
securities____________
272,041.33 Reserves_______________
3,331.43
Furniture and fixtures —
21,701.56 Total capital
accounts_$ 337,392.84
Banking h ou se_________
19,355.97
Cash and due from banks 521,380.30
Other resources________
2,043.21 Demand d e p o s its ______ 1,848,654.87
Time deposits__________
501,893.91
U. S. Gov’t deposits____
30,546.77
Public fu n d s ___________
265,289.57
Total dep. __$2,646,385.12
Total



$2,983,777.96

Total

$2,983,777.96

46

State of Arkansas: Bank Department

EARLE STATE BANK, EARLE
Population 2,375. Crittenden County
Chartered April 24, 1947. Telephone Number 2131. Transit Number 81-204
Officers
Directors
M. E. Bird
M. E. Bird________________President
Levy McCracken
C. L. Blanz, Jr.
Lawson T. Garner_____Vice President
Buford J. Wallace
B. G. Dickey, Jr.
E. D. Heath_____________________VicePresident
W. M. Waters
Lawson T. Garner L. S. Young
W. M. Waters___________________VicePresident
Mary F. Fullwood___________Cashier
Everett Hood
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Capital s t o c k __________ $ 80,000.00
Loans and discounts___ $1,238,042.76
Surplus f u n d __________
80,000.00
U. S. Gov’t obligations_ 283,091.06
Undivided p r o fits ______
57,063.08
Other bonds and
22,147.65
securities____________
291,018.56 Reserves ______________
Furniture and fixtures_
12,605.48 Total capital
accounts_$ 239,210.73
Banking h ou se_________
743.44
Cash and due from banks 580,384.21
Demand deposits________ 1,521,314.36
2,809.51
Other resources________
151,801.65
Time deposits__________
U. S. Gov’t deposits___
19,196.47
Public fu n d s ___________ 477,171.81
Total dep. __$2,169,484.29
Total

$2,408,695.02

Total _________________ $2,408,695.02

THE DELTA STATE BANK, ELAINE
Population 744. Phillips County
Chartered December 30, 1947. Telephone Number 41. Transit Number 81-759
Officers
Directors
Wm. Demoret_____________ President C. B. Barnhart
Mary L. Demoret
J. M. Countiss, Jr_____ Vice President
E. Clay Bumpers Wm. Demoret
Catherine M., Reid___________Cashier J. M. Countiss, Jr. F. R. Watson
Thelma B. Chilton_____ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 92,681.90 Capital s t o c k --------------- $
U. S. Gov’t obligations __
360,000.00 Surplus f u n d __________
Furniture and fixtures_
3,853.19 Undivided p r o fits --------Cash and due from banks
266,004.04 Reserves ---------------------Total capital
accounts_$ 81,060.45
Demand deposits_______
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 641,478.68
Total ----------------------------$ 722,539.13



40,000.00
20,000.00
19,947.72
1,112.73

589,935.97
249.65
51,293.06

Total __________________ $ 722,539.13

Forty-First Report

47

THE EXCHANGE BANK AND TRUST COMPANY, EL DORADO
Population 23,076. Union County
Chartered August 12, 1933. Telephone No. UNion 3-5107. Transit No. 81-668
Officers
Louis E. Hurley___________ President
H. B. Axum__________Vice President
D. R. James_____ 1___Vice President
J. C. Craighead_____________ Cashier
Claud B. Church______ Asst. Cashier
Geraldine H. Robinson_Asst. Cashier
Robert H. Tinkle______ Asst. Cashier

Directors

H. B. Axum
R. L. Aycock
R. C. Bodenhamer
W. A. Dumas
E. B. Garrett
W. H. Hanna
Louis E. Hurley

D. R. James
T. M. Martin
R. E. Meinert
R. W. Newell
E. E. Paxton
Joe G. Wepfer

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $3,111,775.44 Capital stock___________ $ 100,000.00
U. S. Gov’t obligations_ 2,522,615.83 Surplus fu n d ____________ 150,000.00
Other bonds and
Undivided p r o fit s ---------- 200,956.81
securities____________ 640,962.72 Reserves _______________
30,419.85
Furniture and fixtures_
15,732.05 Total capital
Cash and due from banks 1,817,123.14
accounts_$ 481,376.66
Demand deposits_______ 6,067,702.80
Time deposits__________ 1,234,707.39
181,469.12
U. S. Gov’t deposits___
Public fu n d s ___________
103,766.39
Deposits of b a n k ?_____
39,186.82
Total dep. _-$7,626,832.52
Total

$8,108,209.18

Total

$8,108,209.18

BANK OF ELKINS, ELKINS
Population 350. Washington County
Chartered June 1, 1912.
Telephone Number 29.
Transit Number 81-506
Officers
J. E. Bunch_____ President & Cashier
Oscar West___________Vice President

Directors
Edyth L. Bunch
J. C. Reed
J. E. Bunch
Roe Stokenbury

STATEMENT OF JUNE 30. 1955
Liabilities
Resources
Capital stock
__$
Loans and discounts___ $ 254,602.00
Surplus fund
U. S. Gov’t obligations_ 480,700.00
Undivided profits _
Furniture and fixtures_
1,201.00
1.00 Total capital
Banking h ou se_________
accounts_$ 71,521.09
Cash and due from banks 256,923.21
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. __$ 921,906.12
Total



$ 993,427.21

Total

25,000,00
45,000.00
1,521.09

531,269.07
328,308.88
18,997.00
43,331.17

.$ 993,427.21

48

State of Arkansas: Bank Department

BANK OF ENGLAND, ENGLAND
Population 2,136. Lonoke County
Chartered August 23, 1898. Telephone No. Victoria 2-2011. Transit No. 81-213
Officers
E. A. CarlLee_____________President
B. F. Murchison______Vice President
Seth Boles, Jr_______________ Cashier
H. P. Bell_____________ Asst. Cashier

Directors
Seth Boles, Jr.
B. F. Murchison
E. A. CarlLee
Thos. O. Murchison
D. P. Mashburn

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts__ '_$ 705,512.57
U. S. Gov’t obligations_
7,000.00
Other bonds and
securities____________
50,446.91
Furniture and fixtu res_
2,001.00
Banking house__________
2,000.00
Other real estate_______
1.00
Cash and due from banks 725,382.72
Other resources________
1.00

Liabilities
Capital s t o c k __________ $
Surplus fu n d ___________
Undivided p rofits_______
Total capital
accounts_$ 185,223.77

Total

Total

$1,492,345.20

50,000.00
40,000.00
95,223.77

Demand deposits_______ 1,200,190.68
30,206.93
Time deposits__________
Public fu n d s ___________
76,723.82
Total dep. __$1,307,121.43
$1,492,345.20

THE CITIZENS BANK, ENGLAND
Population 2,136.

Lonoke County

Chartered January 14, 1931. Telephone No. Victoria 2-4211. Transit No. 81-492
Officers
Ben B. Morris____________President
Lois Rutherford______ Vice President
J. Otis DuPree______________ Cashier
Carroll C. Leonard, Jr._Asst. Cashier

Directors
W. G. Cunning
Lois Rutherford
Ben B. Morriis
J. E. Swaim

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 610,376.21
U. S. Gov’t obligations_ 829,971.00
Furniture and fixtures_
1.00
Banking h o u se _________
1.00
Cash and due from banks 551,575.69

Liabilities
Capital s t o c k __________ $ 60,000.00
Surplus fu n d ___________
50,000.00
Undivided p r o f it s ______
139,259.19
Reserves ______________
6,051.61
Total capital
accounts_ 255,310.80
Demand deposits_______ 1,460,600.02
Time deposits__________
79,456.31
U. S. Gov’t deposits__
87,483.21
Public funds __________
109,074.56
Total dep __$1,736,614.10

Total



$1,991,924.90

Total

$1,991,924.90

Forty-First Report

49

THE EUDORA BANK, EUDORA
Population 3,072.

Chicot County

Chartered December 23, 1930. Telephone No. 15-4416. Transit Number 81-334
Officers
W. W. Grubbs_____________ President
C. J. Griffith, Jr______ Vice President
C. A. Diehl_________________ Cashier
Evelyn M. Lilly_______ Asst. Cashier
Mary G. Thach_______ Asst. Cashier

Directors
C. J. Griffith, Jr.
A. G. Anderson
Sam Bowman
W. W. Grubbs
Ralph Scott
E. T. Cashion
C. A. Diehl
R. T. Stephenson

STATEMENT' OF JUNE 30, 1955
Resources
Loans and discounts___ $ 792,478.54
Overdrafts_______
476.02
U. S. Gov’t obligations_ 478,368.75
Other bonds and
423,771.03
securities______
Furniture and fixtu res_
5,698.73
1,730.73
Banking house____
Cash and due from banks 359,689.07
Other resources__
302.25

T otal__________________ $2,062,515.12

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Reserves_______________
Total capital
accounts_$ 270,145.55

75,000.00
75,000.00
95,006.53
25,139.02

Demand deposits_______ 1,043,479.01
403,847.70
Time deposits__________
U. S. Gov’t deposits_____
9,529.94
Public fu n d s ___________
335,512.92
Total dep. __$1,792,369.57
T o ta l__________________ $2,062,515.12

BANK OF EUREKA SPRINGS, EUREKA SPRINGS
Population 1,958. Carroll County
Chartered May 4, 1912.
Telephone Number 3441. Transit Number 81-472
Officers
C. A. Fuller_______________ President
Ray Freeman_________Vice President
L. R. Flora____________ Asst. Cashier

C. A. Fuller
Ray Freeman
Eagle Thomas

Directors
R. R. Thompson
Digby Walker

STATEMENT' OF JUNE 30, 1955
Resources
Loans and discounts___ $ 211,575.55
Overdrafts_______
86.25
U. S. Gov’t obligations_ 564,500.00
Other bonds and
securities______
69,630.00
Furniture and fixtures______ 1,049.95
Banking h ou se___
2,000.00
Other real e s ta te ______
1.00
Cash and due from banks 298,786.07
Other resources__
246.75

T o t a l___________________ $1,147,875.57



Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_
97,356.46

25,000.00
25,000,00
47,356.46

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,050,519.11

711,946.14
235,054.99
5,673.40
97,844.58

T o t a l___________________ $1,147,875.57

State of Arkansas: Bank Department

50

BANK OF EVENING SHADE, EVENING SHADE
Population 360. Sharp County
Chartered February 5, 1901. Telephone Number 6. Transit Number 81-336
Officers
Directors
J. O. Laman_______________ President J. O. Laman
J. B. Metcalf
O. S. Westmoreland Vice President E. B. Metcalf
0. S. Westmoreland
E. B. Metcalf______________ Cashier
M. A. Graddy, Jr______ Asst. Cashier
STATEMENT OF JUNE 30 1955
Liabilities
Resources
_____$
Capital stock
Loans and discounts___ $ 42,629.02
Surplus fund
U. S. Gov’t obligations_ 280,000.00
Undivided profits
Furniture and fixtu res_
1.00
Banking house _
1.00 Total capital
accounts_$ 46,369.19
Cash and due from banks
83,307.78

10,000.00
30,000.00
6,369.19

Demand deposits
Time deposits
Public funds
Total dep. __$ 359,569.61

310,883.02
3.00
48,683.59

Total

_ _

$ 405,938.80

Total

__

_

$ 405,938.80

McILROY BANK, FAYETTEVILLE
Population 17,071. Washington County
Chartered December 24, 1892
Telephone Number Hlllcrest 2-5351
Transit Number 81-87
Officers
Directors
Hayden Mcllroy____________President William B. Bagby Wilmer C. Smith
James H. Kays_____ Exec. Vice Pres.
L. L. Baxter
Herbert L. Thomas
J. B. McConnell______ Vice President L. O. Graham
Clifton Wade
L. 0. Graham________ Vice President James H. Kays
Marion Wasson
Wilmer C. Smith_____ Vice President J. B. McConnell W. C. Whitfield, Jr.
Eleanor Sheppard______ Asst. Cashier
Hayden Mcllroy Hugh Williams
Zelma Farmer_________ Asst. Cashier
Henry B. Shreve Paul Young, Jr.
STATEMENT OF JUNE 30. 1955
Resources
Liabilities
Loans and discounts___ $2,917,952.04
Capital stock __________$ 100,000.00
926.14 Surplus fund __________
Overdrafts ____________
200,000.00
U. S. Gov’t obligations_ 2,975,242.17 Undivided p r o f it s ______
38,188.93
Other bonds and
Reserves ______________
345,760.02
securities____________ 1,535,163.68 Total capital
Furniture and fixtures_
10,108.45
accounts_$ 683,948.95
Banking h o u se _________
65,383.38
Cash and due from banks 2,301,617.02 Demand deposits_______ 4,753,069.20
Other resources ______
4,753.95 Time deposits__________ 1,811,096.21
U. S. Gov’t deposits___
107,077.73
Public fu n d s ___________ 1,830 055.67
Deposits of banks______ 625,899.07
Total dep. __$9,127.197.88
Total



$9,811,146.83

Total

$9,811,146.83

Forty-First Report

51

FORDYCE BANK AND TRUST COMPANY, FORDYCE
Population 3,754.

Dallas County

Chartered January 5, 1931. Telpehone Number 83.
Officers

E. C. Benton______________President
B. A. Mayhew________Vice President
J. W. Hearnsberger__________Cashier
Mrs. M. S. Smith______Asst. Cashier

Transit Number 81-127

Directors
E. C. Benton
B. A. Mayhew
H. B. Benton
W. D. Stell
H. E. Dedman
L. Weems Trussell
J. H. Everett
S. A. Williams
J. W. Hearnsberger

STATEMENT' OF JUNE 30, 1955
Resources

Loans and discounts___ $ 759,775.12
280.54
Overdrafts_____________
U. S. Gov’t obligations_ 1,028,925.00
Other bonds and
securities____________
539,381.20
Furniture and fixtures __
6,934.49
Banking h ou se_________
27,000.00
Cash and due from banks 939,583.63

Total




$3,301,879.89

Liabilities
Capital stock ___________ $ 100,000.00
Surplus fu n d ___________
100,000.00
Undivided p ro fits_______
76,442.25
3,592.85
Reserves______________
Total capital
accounts _$ 280,035.10
Demand deposits_______ 2,033,267.89
Time deposits__________ 802,599.20
U. S. Gov’t deposits___
36,957.87
Public fu n d s ___________
145,040.08
Deposits of ban k s______
3,979.75
Total dep. __$3,021,844.79
Total

$3,301,879.89

52

State of Arkansas: Bank Department

PLANTERS BANK AND TRUST COMPANY, FORREST CITY
Population 7,607.
Chartered April 15, 1921.

St. Francis County

Telephone Number 326.

Officers

Transit Number 81-143
Directors

H. H. Cooper______________President
J. B. Fletcher_________Vice President
C. C. Moore_________________ Cashier
J. H. Calhoun__________ Asst. Cashier
Dione K. Henderson____ Asst. Cashier
Elizabeth Moore________ Asst. Cashier
W. P. Moore___________ Asst. Cashier

E. B. Belshe
H. H. Cooper
J. B. Fletcher
C. N. Haven
Henry T. Haven
L. F. Haven, Jr.

Mrs. E. B. Robinson
Sam Sharpe
Jack Stephens
R. R. Wilkerson
James F. Wolfe

STATEMENT' OF JUNE 30, 1955
Resources

Liabilities

Loans and discounts_$2,115,957.28
Overdrafts ____________
2,458.65
U. S. Gov’t obligations_ 1,436,278.38
Other bonds and
919,974.93
securities______
Furniture and fixtures
25,125.27
Banking h o u se _________
45 000.00
Cash and due from banks 757,412.28
Other resources _______
6,372.11

Capital stock __________$ 150,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______
93,811.46
Reserves ______________
15,499.76
Total capital
accounts_$ 409,311.22

Total




$5,308,578.90

Demand deposits_______ 2,930,383.30
Time deposits _________ 1,014,000.59
U. S. Gov’t deposits___
161,119.21
768,764.58
Public fu n d s ___________
Deposits of ban k s______
25,000.00
Total d e p ._$4,899,267.68
Total

$5,308,578.90

Forty-First Report

53

ARKANSAS VALLEY TRUST COMPANY, FORT SMITH
(Not engaged in commercial banking)
Population 47,942.
Chartered February 12, 1906.

Sebastian County
Transit Number 81-571

Telephone Number SUnset 3-1114
Officers
Leon E. Werntz___________ President
Carnall Gardner_______Vice President
Walter T. Gosman
Secretary-Treas.
Dorothy Turner_______________
_________Asst. Secretary-Treas.
Lloyd Williams_______Asst. Secretary

Directors
Harry P. Daily
Rutherford J. Ross
Carnall Gardner
Ralph J. Speer, Sr.
Jerome M. Ney
Leon E. Werntz
Raymond F. Orr

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 27,330.50
Other bonds and
securities______
2,000.00
Furniture and fixtu res_
26,077.40
Banking h ou se___
39,709.07
100.00
Other real estate_
Cash and due from banks 120,115.14
Other resources__
162,340.62

Liabilities
Capital stock ___________ $ 150,000.00
Surplus fu n d ___________
30,000.00
91,613.76
Undivided profits ___
Reserves_______________
38,302.54
Total capital
accounts_$ 309,916.30
Other liabilities________

67,756.43

Total__________________ $ 377,672.73
T o ta l__________________ $ 377,672.73

THE BANK OF FRANKLIN, FRANKLIN
Population 100. Izard County
Chartered June 13, 1905.
Transit Number 81-338
Officers
Directors
R. M. Standerford________ President Mrs. Tressie Box
R. M. Standerford
D. F. B ryan t________________
D. F. Bryant
_______Vice President & Cashier
Tommie Billingsley_____Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital stock ___________ $ 10,000.00
Loans and discounts___ $ 115,856.81
15,000.00
159.29 Surplus fu n d ____________
Overdrafts_____________
U. S. Gov’t obligations__
80,700.00 Undivided p rofits________ 15,570.87
Total capital
Other bonds and
accounts_$
40,570.87
securities____________
3,000.00
Furniture and fixtu res_
3,162.00
Banking h ou se_________
1.00 Demand deposits________ 200,036.41
Cash and due from banks
72,813.64 U. S. Got’t deposits_____
1,293.34
Public fu n d s ___________
33,792.12
Total dep
235,121.87
T o t a l___________________ $ 275,692.74



T o t a l_______________ ____$ 275,692.74

54

State of Arkansas: Bank Department

BANK OF GLENWOOD, GLENWOOD
Population 843.

Pike County-

Chartered December 27, 1912. Telephone Number 18. Transit Number 81-343
Officers
John Golden_______________ President
R. W. Brakefield_____ Vice President
H. H. Duke__________________ Cashier
Doris Hutchings________Asst. Cashier

Directors
John Golden
R. W. Brakefield
Homer Ligon
C. R. Cantrell
Ira C. West
H. H. Duke

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 462,887.01
U. S. Gov't obligations_ 494,800.00
Other bonds and
securities______
5,000.00
Furniture and fixtu res_
1.00
Banking h ou se__
1.00
Cash and due from banks 435,018.88
Other resources_
1.00

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fits ______
Reserves ______________
Total capital
accounts_$ 136,397.46

25,000.00
40,000.00
69,226.23
2,171.23

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,261,311.43

941,165.02
276,580.55
337.50
43,228.36

Total

Total

$1,397,708.89

$1,397,708.89

BANK OF GRAVETT, GRAVETTE
Population 894.

Benton County

Chartered February 28, 1898. Telephone Number 7-3401. Transit Number 81-269
Officers
J. T. Edmondson__________ President
Tom Cawood__________Vice President
Frank Hidy_________________ Cashier
John R. Meade_________Asst. Cashier

Directors
F. S.Ballard
Allen McAllister
Tom Cawood
C. E. McAllister
J. T. Edmondson
Philo Rodgers
J. T. Edmondson, Jr.

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 539,112.54
Overdrafts ____________
1,819.26
U. S. Gov’t obligations_ 632,870.00
Other bonds and
securities ___________
58,691.71
Furniture and fixtu res_
7,705.52
Banking h o u se ___
3,580.00
Other real estate_
1.00
Cash and due from banks 554,239.96
Other resources _______
1,610.58

Liabilities
Capital stock __________$ 25,000.00
Surplus fund __________
25,000.00
Undivided p r o f it s ______ 138,642.32
Total capital
accounts_$ 188 642.32

Total

Total




$1,799,630.57

Demand deposits ______ 1,377,362.29
Time deposits__________ 206,796.38
Public fu n d s ___________
26,829.58
Total d e p ._$1,610,988.25
$1,799,630.57

Forty-First Report

55

FARMERS BANK, GREENWOOD
Population 1,634.
Chartered August 7, 1907.

Sebastian County

Telephone Number 3231. Transit Number 81-226

Officers
W. N. Wilkinson-----------------President
Means Wilkinson____ Vice President
Alice Holland_______________ Cashier
George A. Henry______Asst. Cashier

Directors
Charles 0. Bell
Means Wilkinson
W. C. Davis
W. N. Wilkinson
W. H. Bill Lewis

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking h ou se_________
Other real e s ta te _____
Cash and due from banks

Total

291,063.62
500,000.00
340,262.15
2,800.00
1.00
1.00
549,412.82

$1,683 540.59

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts_$ 147,620.01

40,000.00
40,000.00
67,620.01

Demand deposits ______ 1,005,116.15
Time deposits__________ 399,460.89
24,000.00
U. S. Gov’t deposits___
Public fu n d s ___________
107,343.54
Total dep. __$1,535,920.58
Total

$1,683,540.59

THE FIRST BANK, GRIFFITHVILLE
Population 207.

White County

Chartered November 6, 1905. Telephone Number 256. Transit Number 81-347
Officers
James A. Neaville------------- President
James A. Neaville, Jr._Vice President
John B. Neaville_____________ Cashier
George F. Key_________Asst. Cashier

Directors
Jas. A. Neaville
John B. Neaville
Jas. A. Neaville, Jr. Mrs. L. A. Neaville

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 131,519.71
U. S. Gov’t obligations_ 110,000.00
Furniture and fixtu res_
600.00
Banking h ou se _________
1.00
Cash and due from banks
34,674.20

Liabilities
_
$
Capital stock
Surplus fund _
Undivided profits _
Total capital
accounts_$ 25,730.27
Demand deposits
Public funds
Total d e p ._$ 251,003.43
Other liabilities___

Total _________________ $ 276,794.91



Total

___

20,000.00
4,000.00
1,730.27

230,749.14
20,254.29
61.21

_ $ 276,794.91

56

State of Arkansas: Bank Department

CLARK COUNTY BANK, GURDON
Population 2,390.

Clark County

Chartered August 4, 1900. Telephone Number 3-4414
Officers
F. H. Rudolph_____________President
E. H. Frizzell________Vice President
Richard E. Davidson________Cashier
Mrs. Lewelyn Edwards.Asst. Cashier

Transit Number 81-349

Directors
Earl Clark
J. E. McMillan
Charles H. Crowe
Earl Ross
Richard E. Davidson F. H. Rudolph
E. H. Frizzell

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
.$ 50,000.00
Loans and discounts ____$ 382,735.62 Capital s t o c k _
35,000.00
2.21 Surplus fund
Overdrafts
50,151.13
U. S. Gov’t obligations __ 391,702.63 Undivided profits
Reserves _ _
3,398.50
Other bonds and
264,995.94 Total capital
securities
accounts_$ 138 549.63
Furniture and fixtures
2,154.00
Cash and due from banks 307,583.49
Demand deposits
637,518.26
Time deposits
372,664.37
U. S. Gov’t deposits___
4,373.74
Public funds
196,067.89
Total dep. —$1,210,624.26
Total

-$1,349,173.89

Total

$1,349,173.89

FARMERS BANK, HAMBURG
Population 2,655. Ashley County
Chartered March 10, 1941
Telephone Number 47
Transit Number 81-181
Officers
S. A. Wilcoxon___________ President
V. W. W alker-_____ Vice President
Louie G. Foote______________ Cashier

Directors
F. P. Blanks
Murphy Jones
W. E. Foote
V. W. Walker
Leroy Higginbotham S. A. Wilcoxon

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 397,219.11 Capital stock
$
Overdrafts ____________
293.00 Surplus fund
U. S. Gov’t obligations_ 766,900.00 Undivided profits
Reserves
Other bonds and
securities____________
119,547.20 Total capital
Cash and due from banks 309,340.72
accounts_$ 180,561.18

50,000.00
50.000.00
70,561.18
10.000. 00

1,238,424.63
Demand deposits - _
Time deposits
57,638.70
U. S. Gov’t deposits___
2,049.38
Public funds
114,626.14
Total dep. __$1,412 738.85
Total



$1,593,300.03

Total

$1,593,300.03

Forty-First Report

57

CALHOUN COUNTY BANK, HAMPTON
Population 838.
Chartered October 26, 1906.

Calhoun County

Telephone Number 42.

Officers
B. W. Harrell_____________ President
Searcy Harrell________Vice President
Len Harrell___ . ___________ Cashier
Mary H. Johnston______Asst. Cashier

Transit Number 81-353

Directors
Hubert J. Brown
Searcy Harrell
B. W. Harrell
E. C. Johnston
Fay Harrell
I. C. Strickland
John E. Hearnsberger

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixu tres_
Banking h ou se_________
Cash and due from banks

Total

398,102.90
376,175.00
225,289.09
9,400.00
8,700.00
257,481.21

$1,275,148.20

Liabilities
Capital s t o c k __________1 25,000.00
100,000.00
Surplus fund __________
35 117.28
Undivided p r o f it s _____
Total capital
accounts_$ 160,117.28
793,789.93
146,469.14
12,360.47
162,411.38

Demand deposits ______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,115,030.92
Total

$1,275,148.20

THE BANK OF HARRISBURG, HARRISBURG
Population 1,498.
Chartered December 2, 1930.

Poinsett County

Telephone No. PLaza 7-5427

Officers
T. T. Mardis-------------------- President
Wm. S. Martin_______Vice President
H. S. Smith_________________ Cashier
Mrs. Ida J. Bettis______Asst. Cashier
Mrs. Doris H. Smith__ Asst. Cashier

Transit No. 81-693

Directors
T. T. Mardis
Wm. S. Martin
Mrs. D. M. Mardis

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 428,946.70
219.29
Overdrafts ____________
U. S. Gov’t obligations_ 691,150.00
Furniture and fixtures_
13,485.40
Banking house ________
8,557.00
Cash and due from banks 415,946.96

Total



$1;558,305.35

Liabilities
Capital stock __________$
Surplus f u n d __________
Undivided p r o f it s ______
Total capital
accounts_$ 147,050.81

50,000.00
50,000.00
47,050.81

Demand deposits _____ 1,306,047.47
Public fu n d s ___________
76,957.68
U. S. Gov’t deposits___
28,249.39
Total dep. _ .$1,411,254.54
Total

$1,558,305.35

58

State of Arkansans: Bank Department

COMMERCIAL BANK, HARRISON
Population 5,542. Boone CountyChartered July 7, 1944.
Telephone Number 306.
Transit Number 81-746
Officers
Directors
Rabie Rhodes______________ President Joe V. Hickman
Rabie Rhodes
T. W. Rogers__ Exec. Vice President Verl Hudspeth
T. W. Rogers
T. G. Vinson_______________ Cashier C. N. Kent
Mrs. C. N. Kent________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital stock __________$ 75,000.00
Loans and discounts-$1 510,916.68
U. S. Gov’t obligations_ 421,270.00 Surplus f u n d _________^ 100,000.00
Undivided p r o fit s ______
10,816.75
Other bonds and
securities ____________ 379,403.58 Total capital
accounts_$ 185 816.75
18,384.53
Furniture and fixtu res_
Cash and due from banks 1,109,837.44
Demand deposits ______ 2,106,573.20
Time deposits _______
825,506.24
26,217.52
U. S. Gov’t deposits___
Public fu n d s ___________
213,077.03
Deposits of b an k s______
68,613.39
Total d e p ._$3,239,987.38
Other liabilities _______
Total

$3,439,812.23

14,008.10

Total _________________ $3,439,812.23

THE SECURITY BANK, HARRISON
Population 5 542. Boone County
Chartered November 20, 1931.
Telephone No. 86.
Transit Number 81-704
Officers
Directors
C. C. Alexander__________President C. C. Alexander
Joe Kirby
Roy L. Baker, Jr-----Exec. Vice Pres. Roy L. Baker
W. O. Newton
E. R. Tims__________Exec. Vice Pres. Roy L. Baker, Jr.
E. R. Tims
& Cashier Garvin Fitton
L. A. Watkins
Jim Tilley_____________ Asst. Cashier T. C. Heuer
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts_$2,493,005.94
Capital s t o c k __________$ 150 000.00
Overdrafts ,______
20,420.70
Surplus fund __________
150,000.00
U. S. Gov’t obligations_ 1,165,800.00 Undivided p r o fit s ___ 76,597.33
Other bonds and
Total capital
accounts_$ 376,597.33
securities______ 775,624.06
Furniture and fixtu res_
20,200.49
Banking house ________
36,641.58 Demand deposits ______ 3,836,595.95
Cash and due from banks 1,660,760.03 Time deposits _____ I __ 1,552,893.04
58,906.78
Other resources _______
3.00 U. S. Gov’t deposits___
Public fu n d s ___________
290,543.92
Deposits of b an k s______
56,918.78
Total dep.__$5,795,858.47
Total



$6 172,455.80

Total

$6,172,455.80

Forty-First Report

59

PRAIRIE COUNTY BANK, HAZEN
Population 1,270. Prairie County
Chartered July 17, 1945. Telephone Number 2511. Transit Number 81-750
Officers
Directors
J. J. Screeton_____________President L. P. Aycock
Hester B. Robinson
R. C. Hartlieb__Exec. Vice President J. O. Crowly
J. J. Screeton
L. P. Aycock________ Vice President H. J. Hall
Ezra Shoop
James E. Sparks_____________Cashier R. C. Hartlieb James E. Sparks
Grace O. Stallings____ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
$ 60,000.00
Loans and discounts___ $ 685,324.47 Capital stock
40,000.00
Overdrafts ____________
1,893.82 Surplus fund _
36,171.66
U. S. Gov’t obligations_ 382,153.30 Undivided profits
19 916.02
Reserves _ _
Other bonds and
securities____________
176,933.28 Total capital
accounts_$ 156,087.68
Furniture and fixtu res_
19,987.59
Banking house ________
23,505.78
1,012,529.20
Cash and due from banks 255,462.91 Demand deposits
223,769.13
Time deposits
U. S. Gov’t deposits___
13,580.60
Public funds
_ _ 129,294.54
Deposits of banks _
10,000.00
Total dep. __$1,389,173.47
Total

_________________ $1,545,261.15

Toatl

$1,545,261.15

THE CLEBURNE COUNTY BANK, HEBER SPRINGS
Population 2,109. Cleburne County
Chartered December 16, 1930. Telephone No. 2-2643. Transit Number 81-175
Officers
Directors
Wiley H. Robbins_________ President
Jerome Johnson
Louis E. Robbins
Jerome Johnson_Exec. Vice President Bruce M. Robbins W. E. Robbins
Walter Aldridge____________ Cashier Joe N. Robbins
W. H. Robbins
Sam Morton_________ Asst. Cashier
Della Mae Verser____ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
30.000. 00
Loans and discounts___ $ 413,334.34 Capital s t o c k __________!
35.000. 00
Overdrafts ____________
644.82 Surplus fund __________
U. S. Gov’t obligations_ 426,000.00 Undivided p r o fit s ______ 107,718.10
17,098.99
Other bonds and
Reserves ______________
securities____________
308,644.14 Total capital
accountsi._$ 189,817.09
Furniture and fixtu res_
1,000.00
Banking house ________
500.00
Cash and due from banks 259,829.15 Demand deposits ______ 1,047,719.68
U. S. Gov’t deposits___
56 519.11
Public fu n d s ___________
115,896.57
Total dep. __$1,220,135.36
Total



$1,409,952.45

Total

$1,409,952.45

60

State of Arkansas: Bank Department

GUARANTY LOAN AND TRUST COMPANY, HELENA
(Not engaged in commercial banking)
Population 11,236.

Phillips County

Chartered February 9, 1910. Telephone No. Hickory 4-3032 Transit No. 81-64
Officers
Dewey Moore_____________ President
H. G. Stephens_______Vice President
C. L. McKelvy____________ Secretary
W. D. Hudson, Jr----------- Treasurer

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

Directors
W. L. Morris
H. G. Stephens

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts----- $ 117,818.61
10,600.00
U. S. Gov’t obligations_
Other bonds and
19,300.00
securities
_
_ —
2,000.00
Furniture and fixtu res_
1.00
Other real estate
Cash and due from banks 110,409.21
3,466.00
Other resources

Liabilities
Capital stock
$
Surplus f u n d _____
Undivided profits _
Total capital
accounts_$ 88,601.37
Trust deposits
Total dep.
172,976.42
Other liabilities

Total _

$ 263,594.82

Total

50 000.00
30,000.00
8,601.37

172,976.42
2,017.03

$ 263,594.82

VALLEY BANK, HINDSVILLE
Population 262.
Chartered November 8, 1907.

Madison County

Telephone Number 320.

Officers
Adry Gaskill--------------------- President
C. F. Fitch, Jr----------- Vice President
Lloyd A. Linebarger------------ Cashier

Transit Number 81-362

Directors
Wm. B. Bunch James R. Hargis
C. F. Fitch, Jr. Tom Hargis
Adry Gaskill
Lloyd A. Linebarger

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ !|
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h o u se ________
Cash and due from banks

Total



Liabilities
70,437.70 Capital s t o c k __________$ 10,000.00
104.98 Surplus f u n d __________
10,000.00
85,000.00 Undivided p r o fit s ______
5,108.29
Reserves ______________
7,228.31
9,940.00 Total capital
1.00
accounts_$ 32,336.60
500.00
------------------99,774.49 Demand deposits ______
156,135.74
Time deposits _________
67,285.83
Public funds
_________
10,000.00
Total dep.
233,421.57

.$ 265,758.17

Total

.$ 265,758.17

Forty-First Report

61

BANK OF HOLLY GROVE, HOLLY GROVE
Population 761.
Chartered March 12, 1903.

Monroe County

Telephone Number 2681. Transit Number 81-275

Officers
Directors
M. P. Walls_______________ President B. J. Lambert
M. P. Walls
J. I. Matthews Vice Pres. & Cashier J. I. Matthews O. M. Washington
Jack Phillips__________Asst. Cashier John B. Moore
STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ i
U. S. Gov’t obligations_
Other bonds and
securities ____________
Furniture and fixtu res_
Banking house ________
Cash and due from banks

Total

426,920.30
640 123.13
67,906.25
2,012.64
1.00
218,676.11

$1,355,639.43

Liabilities
Capital s t o c k __________
Surplus fund __________
Undivided p r o f it s ______
Total capital
accounts_$ 167,608.15

30,000.00
100, 000.00

37,608.15

Demand deposits _____
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,188,031.28
Total

885,239.31
206,130.52
1,569.93
95 091.52

$1,355,639.43

HORATIO STATE BANK, HORATIO
Population 776.
Chartered May 15, 1905.
C. E.
W. H.
Mazie
A. E.

Sevier County

Telephone Number 77.

Officers
Hendrix------------------ President
Frith--------------- Vice President
Gallaher______________ Cashier
Edmondson______Asst Cashier

Transit Number 81-342

Directors
O. T. Brinkley
Lilia S. Hendrix
F. R. Ethridge
L. O. Shull
C. E. Hendrix

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking h ou se_________
Cash and due from banks
Other resources _______

563,177.10
635.72
426,427.60
157,915.86
7,000.00
2,957,50
445,510.12
1,973.63

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o f it s ______
Total capital
accounts_$ 107,486.65

Demand deposits ______ 1,139,145.49
Time deposits _________ 224,537.18
U. S. Gov’t deposits___
2,128.00
Public fu n d s ___________
131,637.15
Total dep. __$1,497,447.82
Other liabilities________

Total

__________________ $1,605,597.53




32,500.00
42,500.00
32,486.65

663.06

Total __________________ $1,605,597.53

62

State of Arkansas: Bank Department

ARKANSAS TRUST COMPANY, HOT SPRINGS
Population 29,307
Chartered April 18, 1907

Garland County-

Telephone No. NA 3-6601

Officers
Dave Burgauer____________ President
George H. Sexton __Exec. Vice Pres.
Norton Meek —Vice Pres. & Cashier
W. L. Little___ Vice Pres. & Auditor
E. M. T h ra sh _______Vice President
Marie Schnebelen______ Asst. Cashier
& Tr. Off.
Robert E. J o n e s ______ Asst. Cashier
C. J. C lem ents________Asst. Cashier
H. G. G asbarre_______ Asst. Cashier
F. L. Baldwin__________ Asst. Cashier

Transit No. 81-51

Directors
Dave Burgauer George H. Sexton
Albert M. Guice Floyd L. Thompson
C. J. Horner
E. M. Thrash
Norton Meek
Hill A. Wheatley
Carl E. Miles
Warren E. Wilson

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$ 2,275,346.96
Overdrafts __________
293.26
U. S. Gov’t obligations 6,967,935.20
Other bonds and
securities __________
858,379.55
Furniture and fixtures
46,430.34
Banking house _______
39,735.62
Cash and due from banks 2,925,813.53
Other resources _______
62,715.71

Liabilities
Capital stock ______$
Surplus Fund ______
Undivided p r o f it s ___
Reserves ___________
Total capital
accounts_$ 1,150,667.93

Demand deposits_____ $ 9,652,871.37
897,051.98
Time deposits_________
U. S. Gov’t deposits ___
234,772.41
Public fu n d s __________ 1,146,231.55
Deposits of banks____
30,108.32
Total dep. $11,961,035.63
Other liabilities

Total




.$13,176,650.17

400.000. 00
400.000. 00
281,558.42
69,109.51

Total

64,946.61

_________________ $13,176,650.17

Forty-First Report

63

JACKSONVILLE STATE BANK, JACKSONVILLE
Population 2,474. Pulaski County
Chartered August 2, 1949. Telephone Liberty 4-2114. Transit Number 81-764
Officers
Jack East, Jr_______________President
Kenneth Pat Wilson_Vice President
Austin Leeds________________ Cashier
Joyce Hester__________ Asst. Cashier
Maeda Rice___________ Asst. Cashier

Directors
Jack East, Jr.
B. Fred Thompson
Jennings H. Mize Kenneth Pat Wilson
Clarence M. Thomas

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$1,313,479.32
Overdrafts_______
31.83
Other bonds and
securities______
235,012.37
Furniture and fixtu res_
17,901.00
Banking h ou se___
39,031.60
Cash and due from banks 827,546.68
Other resources__
1.00

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 147,270.67

Demand deposits ______ 1,884,537.25
Time deposits _________ 283,373.98
U. S. Gov’t deposits___
10,962.39
Public funds __________
95,283.41
Total dep. __$2,274,157.03
Other liabilities________

T o ta l__________________ $2,433,003.80

75,000.00
25,000.00
34,770.67
12,500.00

11,576.10

T o ta l__________________ $2,433,003.80

NEWTON COUNTY BANK, JASPER
Population 407. Newton County
Chartered March 24, 1903.
Telephone Number 9.
Transit Number 81-371
Officers
L. W. Nance___ President and Cashier
J. Lex Moore--------------- Vice President
Alta Gorden____________ Vice Pres. &
Asst. Cashier
Joe C. Nance___________ Asst. Cashier

Directors
Alta Gorden
Joe C. Nance
J. Lex Moore
L. W. Nance
Jerry D. Nance

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts___ $ 203,021.98 Capital stock _________!
Overdrafts_____________
85.38 Surplus fund __________
U. S. obligations ______ 349,919.00 Undivided p r o fit s ______
Total capital
Other bonds and
accounts_$ 73,343.78
securities___________
20,049.13
Furniture and fixtures __
4,704.45
Banking h ou se_________
5,361.27 Demand deposits _____
Other real estate_______
1,700.00 Time deposits _________
Cash and due from banks 116,043.73 Public funds __________
Total dep. __$ 627,541.16
Total



$ 700,884.94

Total

25.000. 00
25.000.00
23,343.78

518,958.57
69,871.63
38,710.96

$ 700,884.94

64

State of Arkansas: Bank Department

CITIZENS BANK OF JONESBORO, JONESBORO
Population 16,310.

Craighead County

Chartered July 25, 1919. Telephone WEbster 2-6603. Transit Number 81-613
Officers
M. L. McKinney____________ President
C. V. McKinney_______Vice President
M. W. Griffin_______________ Cashier
D. C. Jones____________ Asst. Cashier

Directors
C. V. McKinney
R. E. Wade
G. E. McKinney
J. Lan Williams
M. L. McKinney

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts__ $ 4,591,639.16
Overdrafts ___________
631.87
U. S. Gov’t obligations 2,030,741.74
Other bonds and
securities___________
403,459.23
Furniture and fixtures_
70,815.11
Cash and due from banks 3,118,574.53

Total




$10,215,861.64

Liabilities
Capital s t o c k _________$
Surplus f u n d _________
Undivided p r o fit s _____
Total capital
accounts $ 767,604.94
Demand deposits______
Time deposits ________
U. S. Gov’t deposits__
Public fu n d s __________
Deposits of b an k s_____
Total dep. $ 9,448,256.70
Total

200,000.00
200,000.00
367,604.94

5,009,598.14
3,361,261.95
117,024.45
588,445.86
371,926.30

$10,215,861.64

Forty-First Report

65

MERCANTILE BANK, JONESBORO
Population 16,310. Craighead County
Chartered January 7,1932. Telephone WEbster 5-5521. Transit Number 81-72
Officers
Directors
Charles Frierson___________President Bryan Armstrong Charles Frierson
Nathan Deutsch_____Exec. Vice Pres.
Joe C. Barrett
W. Gus Nash
R. W. Higginbotham______Vice Pres. Edward 0. Cherry Lloyd M. Rebsamen
Carey Smith_________________ Cashier Nathan Deutsch J. Paul Smith
Louise Beasley_________ Asst. Cashier W. M. Freeze, Jr.
Edward H. Cherry______Asst. Cashier
Naomi Craft___________ Asst. Cashier
Alberta Dickson________ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts___ $3,328,583.29 Capital stock ___________ $ 200,000.00
U. S. Gov’t obligations_ 2,639,176.11 Surplus fu n d ___________ 200,000.00
Undivided p r o fit s ______ 150,288.72
Other bonds and
3,000.00
securities ___________
801,592.42 Reserves_______________
27,690.00 Total capital
Furniture and fixtu res_
accounts_$ 553,288.72
Banking h ou se_________
32,000.00
Other real estate_______
4,720.00
Cash and due from banks 1,462,922.51 Demand deposits---------- 3,902,435.28
Other resources________
11,788.38 Time deposits__________ 3,146,423.81
U. S. Gov’t deposits_____
97,804.80
Public fu n d s ___________
514,076.79
Deposits of banks---------94,443.31
Total d e p ._$7,755,183.99
$8,308,472.71

Total

Total

$8,308,472.71

FARMERS AND MERCHANTS BANK, JUDSONIA
Population 1,122. White County
Chartered May 29, 1913.
Telephone Number 38.
Transit Number 81-549
Officers
Directors
_President J. Herbert Graves
A. J. Stephens
A. J. Stephens
E. O. Yancey
.Vice President John A. Henson
J. Herbert Graves
_ _ -Cashier
C. I. Stevens___
. Asst. Cashier
Bettye Lou Hulsey
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts_ __$ 206,103.37 Capital s t o c k __ _. ____$ 35,000.00
35,000.00
U. S. Gov’t obligations __ 362,390.63 Surplus f u r d _
46,094.53
Undivided profits .
Other bonds and
93,420.00 Total capital
secur t i e s _
accounts_$ 116,094.53
5,300.00
Furniture and fixtures
5,000.00
Banking house _
581,530.23
Cash and due from banks 129,759.17 Demand deposits __
1.00 U. S. Gov’t deposits ___
35,986.28
Other resources ______
Public funds _
68,363.13
Total dep. __$ 685,879.64
Total

—

_ - _ - _ $ 801,974.17




Total

_ _

.____$

801,974.17

66

State of Arkansas: Bank Department

UNION STATE BANK, JUNCTION CITY
Population 1,013.
Chartered August 28, 1933.

Union County

Telephone Number 73.

Officers
I. A. Brinker______________ President
O. H. Goodwin________Vice President
J. M. Thompson_____________ Cashier
Ruthelle C. Lusby_____ Asst. Cashier

Transit Number 81-232
Directors

I. A. Brinker
A. A. Couch
O. H. Goodwin

Houston Hall
H. E. Kinard

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ !
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking house ________
Other real estate _______
Cash and due from banks
Other resources _______

Total

Liabilities

155,688.27 Capital s t o c k __________$
517,953.40 Surplus fund ___________
Undivided p r o fit s ______
20,892.23 Reserves _______________
400.00 Total capital
1,900.00
accounts. _$ 116,685.80

--------------- -

1.00

286,575.72 Demand deposits_______
604.00 Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total d e p ._$ 867,328.82

$ 984,014.62

Total

25,000.00
75,000.00
12,835.80
3,850.00

556,854.93
215,326.50
30 110.98
65,036.41

$ 984,014.62

BANK OF KENSETT, KENSETT
Population 829.
Chartered February 17, 1922.

White County

Telephone Number 191.

Officers
A. P. Mills— .----------------- Prepident
John H. Johnston_____ Vice President
Mrs. Thelma Roth___________Cashier

Transit Number 81-649

Directors
John H. Johnston
A. P. Mills

J. W. Sloan

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ !
U. S. Gov’t obligatons_
Furniture and fixtures_
Banking house ________
Cash and due from banks
Other resources _______

27,049.54
194,000
1.00
1.00
337,621.99
1.00

Liabilities
Capital s t o c k __________i
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts_$ 42.451.48

25,000.00
5,000.00
12,451.48

Demand deposits_______
Public fu n d s ___________
Total dep.
516,094.85

506,552.33
9,542.52

Other liabilities
Total



$ 558,674.53

Total

128.20
$ 558,674.53

Forty-First Report

67

BANK OF KINGSTON, KINGSTON
Population 200.

Madison County

Chartered April 7, 1911.

Transit Number 81-467

Officers
A. B. Bunch_____________ President
Tom Hargis__________Vice President
Wilson Bunch_______________ Cashier
Wm. B. Bunch_________Asst. Cashier

Directors
A. B. Bunch
Tom Hargis
Fred Evon Bunch Ada B. McCracken
Wilson Bunch

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 59,131.63
92,000.00
U. S. Gov’t obligations_
Other bonds and
securities
28,960.00
Furniture and fixtures __
786.00
Banking house
_ _
1.00
Other real estate
3.00
Cash and due from banks 120,000.28

Liabilities
Capital stock
_ $
Surplus fund
Undivided profits
Reserves
Total capital
accounts-_$ .32,072.44

10,000.00
10,000.00
7,072.44
5,000.00

Demand deposits
Time deposits
Public funds
Total dep __$ 268,809.47

166,240.76
92,568.71
10,000.00

Total

Total

$ 300,881.91

$ 300,881.91

FARMERS STATE BANK, LAKE CITY
Population 783.

Craighead County

Chartered February 28, 1950. Telephone Number 3231. Transit Number 81-766
Officers
H. H. McAdams_____ _____ President
Fred Carter__________ Vice President
L. D. Walker, Jr_____ _______Cashier
LaWanda Timms_____ __Asst. Cashier

Directors
Fred Carter
M. S. Rubenstein
L. A. Cato
Donald Timms
W. O.Doak
G. E. Wood
H. H. McAdams

STATEMENT OF JUNE 30, 1955
Resources
v
Liabilities
Loans and discounts___ $ 523 495.30 Capital s t o c k ____ ^____$ 50,000.00
U. S. Gov’t obligations_ 100,500.00 Surplus fund __________
50.000.00
Undivided p r o fit s ______
6,907,56
Other bonds and
securities______
18,000.00
Reserves ________________
5,525.75
Furniture and fixtures __
1,000.00 Total capital
Banking house ________
4,000.00
accounts__$ 112 433.31
Cash and due from banks 439,314.17
Demand deposits ______ 562,029.54
Time deposits __J_______ 143,194.10
U. S. Gov’t deposits___
6,557.71
Public fu n d s ___________
222,157.61
Deposits of ban k s_____
39,937.20
Total dep.
$ 973,876.16
Total



$1,086,309.47

Total

$1,086,300.4?

68

State of Arkansas: Bank Department

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population 2,484.
Chartered October 14, 1937.

Chicot County

Telephone Number 46.

Officers
W. T. Wynn________President
E. T. Cashion___ Exec. Vice President
J. B. Gillison__________ Vice President
James S. Suitt_______________ Cashier
Ann Rossini____________ Asst. Cashier

Transit Number 81-598
Directors

Ben Angel
D. W. Brooks
E. T. Cashion

J. B. Gillison
W. C. Lovette
W. T. Wynn

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital s t o c k __________$ 100,000.00
Loans and discounts_$1,019,840.96
50,000.00
Overdrafts ____________
20.43 Surplus fund __________
134,047.40
U. S. Gov’t obligations_ 1,048,971.63 Undivided p r o f it s _____
Reserves ______________
19,022.59
Other bonds and
securities____________
387 940.41 Total capital
7,000.00 . accounts_$ 303,069.99
Furniture and fixtures_
Banking h ou se ___
5,000.00
Cash and due from banks 503,422.89 Demand deposits_______ 1,630,657.56
Time deposits__________ 395 333.63
Other resources__
690.00
U. S. Gov’t deposits___
15,467.20
Public fu n d s ___________
627,612.97
Total dep. —$2,669,071.36
744.97

Other liabilities________
Total

$2,972,886.32

Total

$2,972,886.32

CITIZENS BANK OF LAVACA, LAVACA
Population 373. Sebastian County
Chartered May 5, 1910.
Telephone Number 2341.
Transit Number 81-378
Officers
W. D. West_______________.-President
J. M. Llewellyn________________
_______Vice President & Cashier
Mrs. J. M. Llewellyn__ Asst. Cashier

Directors
W. J. Echols
J. M. Llewellyn

W. D. West

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts------$ 175,004.70 Capital s t o c k __________I
U. S. Gov’t obligations_ 110,000.00 Surplus fu n d ___________
Undivided p ro fits_______
Other bonds and
47,756.74 Total capital
securities-----------------Furniture and fixtures_
1,200.00
accounts_$
50,336.78
Banking h o u se ------------700.00
Cash and due from banks 104,819.68 Demand d eposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. „ $ 389,144.34
Total



$ 439,481.12

Total

15.000. 00
15.000.00
20,336.78

280,910.66
29,061.71
2,358.02
76,813.95

$ 439,481.12

Forty-First Report

69

LEACHVILLE STATE BANK, LEACHVILLE
Population 1,230.
Chartered December 18, 1950.

Mississippi County

Telephone 82.

Officers
J. Lee Bearden_____________ President
J. L. Swihart__________Vice President
Robert Braden_______________ Cashier
Fred F. Alexander_____ Asst. Cashier

Transit Number 81-769

J. Lee Bearden
Nelson Henry

Directors
J. L. Swihart
Louis Weinberg

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 654,804.56
483.40
Overdrafts
_
U. S. Gov’t obligations_
25,000.00
Other bonds and
144.08
securities
____
9,486.24
Furniture and fixtures_
Banking house
5,996 87
2,600.00
Other real estate_
Cash and due from banks 245,777.64

Total

___

__

_

$ 944 292.79

Liabilities
Capital stock
$
Surplus fund
Undivided profits __ __
Total capital
accounts. _$ 103,656.65
Demand deposits
Time deposits _
. _
Public funds
Total d e p ._$ 840,636.14
Total

_

50.000. 00
50.000. 00
3,656.65

577,742.51
118 893 35
144,000.28

$ 944 292.79

LITTLE RIVER BANK, LEPANTO
Population 1,683. Poinsett County
Chartered November 21, 1919. Telephone Number 108. Transit Number 81-622
Officers
D. F. Portis______________ President
B. H. Murphy_________Vice President
A. T. Bell___________________ Cashier
Will J. Riddick_____ ,__Asst. Cashier
Merle L. Dickerson____ Asst. Cashier

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

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

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital stock___________ $ 50,000.00
Loans and discounts___ $1,040,532.66
Overdrafts -----------------54.05 Surplus fu n d ___________
200,000.00
69,155.06
U. S. Gov’t obligations __ 361,700.00 Undivided p r o fit s ______
Reserves_______________
9,366.30
Other bonds and
securities____________
84,950.00 Total capital
Furniture and fixtures_
2,145.00
accounts_$ 328,521.36
Cash and due from banks 542,339.37
Demand deposits_______ 1,205,467.74
Time deposits__________ 233,574.91
U. S. Gov’t deposits___
■6,210.51
Public fu n d s ___________
257,946.56
Total dep. __$1,703,199.72
Total



$2,031,721.08

Total

$2,031,721.08

70

State of Arkansas: Bank Department

LESLIE STATE BANK, LESLIE
Population 610.
Chartered April 17, 1948.

Searcy County

Telephone Number 60.

Officers
Rex Killebrew_____________ President
Arthur J. SeigeLVice Pres. & Cashier
Mrs. Helen McBride___ Asst. Cashfer

Transit Number 81-761

J. Virgil Blair
Rex Killebrew
Wm. J. Seeger

Directors
Arthur J. Siegel
Page H. Thomas

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 216,442.54
U. S. Gov’t obligations __ 230,023.78
Other bonds and
securities____________
22,449.50
Furniture and fixtures_
2,329.28
Cash and due from banks 152,736.89
Other resources________
611.62

Total

$ 624,593.61

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts__$ 63,122.51
Demand deposits ______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep.
$ 561,471.10
Total

25.000. 00
20.000. 00
18,122.51

326,406.28
213,824.74
2,337.50
18,902.58

_________________ $ 624,593.61

PEOPLES BANK AND LOAN COMPANY, LEWISVILLE
Population 1,287. Lafayette County
Chartered August 25, 1911. Telephone Number 98. Transit Number 81-475
Officers
W. D. Stewart--------------------President
J. C. Landes ------------------- ----------------- Vice President & Cashier

Directors
P. D. Burton
J. A. Harrell
P. D. Burton, Jr.
J. C. Landes
Alvis Fuller
W. D. Stewart

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts _____
U. S. Gov’t obligations_
Other bonds and
securities
Furniture and fixtures_
Banking house _
_ _
Cash and due from banks
Other resources

Total




675,738.95
147.60
558,673.04
352,197.37
6,797.00
16,000.00
430,161.62
5,080.77

$2,044,796.35

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts--? 134,802.88

50,000.00
60,000.00
24,802.88

Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. —$1,909,993.47

907,112.30
739,209.43
55,019.18
208,652.56

Total

$2,044,796.35

Forty-First Report

71

BANK OF LINCOLN, LINCOLN
Population 771.

Washington County

Chartered March 19, 1903. Telephone Number 4-1191. Transit Number 81-384
Officers
W. T. Shannon___________ President
J. A. English________Vice President
B. J. Basden________________ Cashier
C. C. Karnes__________Asst. Cashier

B.
E.
J.
H.

J. Basden
W. Baugh
A. English
A. Lewis

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

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
O verdrafts____________
U. S. Gov’t obligations __
Other bonds and
securities____________
Furniture and fixtures __
Banking house ________
Cash and due from banks

Total

347,964.50
284.54
416,500.00
113,815.00
1.00
1.00
284,441.11

_________________ $1 163,007.15

Liabilities
Capital stock __________$
Surplus fund __________
Undivided p r o f it s _____
Total capital
accounts—$ 119,084.29
Uemand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. —$1,043,922.86
Total

25,000.00
25,000.00
69,084.29

775,222.17
223,651.77
3,749.05
41,299.87

_________________ $1,163,007.15

METROPOLITAN TRUST COMPANY, LITTLE ROCK
(Not engaged in commercial banking)
Population 102,213.
Chartered June 5, 1925
Officers
Somers Matthews_________President
Justin Matthews III_Vice President
& Treasurer
Justin Matthews, Jr______ Secretary
Eva M. Hale________Asst. Secretary

Pulaski County
Telephone Number FRanklin 4-1744
Directors
Alice E. Matthews
Justin Matthews, Jr.
Justin Matthews, III
Lila B. Matthews
Somers Matthews

STATEMENT OF JUNE 30. 1955
Resources
Loans and discounts___ $
94,497.43
Other bonds and
30,659.46
securities______
Furniture and fixtu res_
6,887.57
Other real e s ta te ______
17,504.82
Cash and due from banks 120,999.23
Other resources _______ 146,638.36

Liabilities
___
$ 176,700.00
Capital stock
17,670.00
Surplus fund
160 736.27
Undivided profits
3,347.74
Reserves _
Total capital
accounts_$ 358,454.01
Bills p a y a b le __
Other liabilities

Total _________________ $ 417,186.87



T o ta l_

__ _

58,210.65
522.21

$ 417,186.87

72

State of Arkansas: Bank Department

WORTHEN BANK AND TRUST COMPANY, LITTLE ROCK
Population 102,213.
Chartered August 4, 1902.

Pulaski County
Telephone Number FRanklin 4-4406

Transit Number 81-7
Officers
James H. Penick__________ President
R. B. Elwood__________Vice President
Melvin Lawson_______ Vice President
Gardner Lile_______ ^__Vice President
Dan M. Murphy______ Vice President
Edward M. Penick____ Vice President
John G. Potts_________ Vice President
Booker Worthen______ Vice President
G. A. Zimmerman____ Vice President
& Tr. Off.
A. F. Williams_Asst. Trust Officer
James H. Penick, Jr. Asst, to the Pres.
Louis East____ Asst. Vice President
M. S. Heim____Asst. Vice President
E. O. Manees___ Asst. Vice President
R. M. McCown_Asst. Vice President
M. L. Hogan________________ Auditor
Emmett L. Darr____________ Cashier
G. L. Alexander_______ Asst. Cashier
W. G. Cobb____________Asst. Cashier
Frank J. Moser_______ Asst. Cashier
Alvin Reap____________ Asst. Cashier
Chas. L. Tarleton_____ Asst. Cashier
Simpson Wilbourn___ Asst. Cashier

Directors
William C. Allsopp
W. Robert Crow
Alfred Leymer
Frank Lyon
Edward M. Penick
James H. Penick, Sr.
John G. Potts
John A. Riggs, Jr.
Frank Silverman
Theo C. Treadway
Booker Worthen

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts__ $15,737,088.25
Overdrafts ___________
135.13
U. S. Gov’t obligations _ .22,256,303.55
Other bonds and
securities __________ 6,604 446.21
Furniture and fixtures
75,000.00
Banking house _______
300,000.00
Cash and due from banks 20,013,121.58
Other resources _____
93,183.81

Liabilities
Capital s t o c k _________$ 1,000,000.00
Surplus f u n d _________ 1,000,000.00
Undivided p r o f it s ____
1,220 139.95
123,015.33
Reserves _____________
Total capital
accounts_$3,343,155.28
Demand deposits _____ 29,648,684.99
Time deposits ________ 12,169,370.38
U. S. Gov’t d eposits_ 1,089,876.31
Public fu n d s __________ 9,414,279.73
Deposits of b a n k s ___ 9,404 455.99
Total dep. $61,726,667.40
Other liabilities ______

Total




$65,079,278.53

Total

9,455.85
$65,079,278.53

Forty-First Report

73

BANK OF LOCKESBURG, LOCKESBURG
Population 714. Sevier CountyChartered October 14, 1902.

Telephone Number 78.

Officers
R. C. Norwood____________ President
Hugh Latimer________Vice President
Mrs. R. C. Norwood_________Cashier

Transit Number 81-385

Directors
Mary F. Hampson
R. C. Norwood
Hugh Latimer
Mrs. R. C. Norwood

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 128,160.31
U. S. Gov’t obligations_ 206,400.00
Other bonds and
securities____________
37,455.34
Furniture and fixtu res_
1.00
Banking house ________
1 ,000.00
Cash and due from banks 162,662.88

Total

_________________ $ 535,679.53

Liabilities
Capital stock _ _ ... $
Surplus fund _
Undivided profits
Total capital
accounts_$ 63,149.18

25,000.00
26,000.00
12,149.18

Demand deposits
Time deposits
Public funds _
Deposits of banks
Total dep. __$ 472,530.35

349,099.83
68,422.34
54,185.43
822.75

Total

_

_$ 535,679.53

FIRST STATE BANK, LONOKE
Population 1,556.

Lonoke County

Chartered March 9, 1935. Telephone No. ORange 6-6357. Transit No. 81-200
Officers
J. O. Bennett______________President
W. H. Bransford_____ Vice President
Arthur Herring_____________ Cashier
E. L. White___________Asst. Cashier

Directors
J. O- Bennett
M. E. Lyons
Neil Bernett
Chas. A. Miller
Wayne Bennett
Guy E. Williams
W. H. Bransford

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Capital stock
Loans and discounts_$1,041,961.63
$ 50,000.00
U. S. Gov’t obligations_ 461,340.63 Surplus fund
60,000.00
Undivided profits
Other bonds and
97,503.43
Total capital
securities______
331,477.74
Furniture and fixtu res_
11,301.44
accounts_$ 207,503.43
Banking house ________
1.00
__ 1,456,679.30
Cash and due from banks 332,638.74 Demand deposits
_ _
Other resources _______
1,592.14 Time deposits _
47,246.22
U. S. Gov’t deposits___
18,073.15
Public funds
_ 425,811.22
Deposits of banks
__
25,000.00
Total dep. _.$1,972,809.89
Total



$2,180,313.32

Total

$2,180,313.32

74

State of Arkansas: Bank Department

FARMERS BANK AND TRUST COMPANY, MAGNOLIA
Population 6,918. Columbia County
Chartered September 26, 1906. Telephone Number 1. Transit Number 81-163
Officers
Directors
R. S. Warnock. Jr________ President R. S. Foster
H. A. Reid
R. S. Foster___________Vice President W. E. Fullenwider J. A. W. Souter
W. L. Jameson, Jr_____Vice President W. L. Jameson, JrW. K. Twitty
R. S. Warnock, Jr.,
W. N. Paschal________Vice President W. N. Paschal
W. K. Twitty_______________ Cashier
Mrs. T. H. Reeves V. B. Wood
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 369,039.63 Capital s t o c k __________$ 50,000.00
U. S. Gov’t oblgations_ 5,928,754.78 Surplus f u n d --------------200,000.00
Other bonds and
Undivided p r o fits ______ 282,039.00
securities____________
390,650.85 Total capital
Furniture and fixtu res_
23,209.65
accounts-_$ 532,039.00
35,680.00
Banking house ________
Other real e s ta t e _____
42.00 Demand deposits J.___ 5,862,580.08
Cash and due from banks 1,428,736.67 Time deposits _________ 1,506,859.76
36,792.01
Other resources _______
4.00 U. S. Gov’t deposits___
Public fu n d s ___________
237,846.73
Total dep. _-$7,644,078.58
Total

_________________ $8,176,117.58

Total

_________________ $8,176 117.58

BANK OF MALVERN, MALVERN
Population 8,072. Hot Spring County
Chartered June 24, 1889.
Telephone Number 66.
Transit Number 81-131
Officers
Directors
•J. Elmo Young____________ President Mrs. Flora B. Adams C. S. Smith
Ray N. Boyle________ Vice President Ray N. Boyle
J. Elmo Young
William H. Glover____Vice President Zerah T. Caldwell
Tom R. Young
Jester Jones________________ Cashier William H. Glover
Foy G. Ritchey________ Asst. Cashier
Miss Hester H. Smith_Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
$> 100,000.00
Loans and discounts___ $ 822,384.88 Capital stock
100,000.00
Surplus fund ____
Overdrafts ________- —
296.74
105,103.36
U. S. Gov’t obligations __ 2,460,259.67 Undivided profits _
44,771.53
R e se rv e s _ _____
Other bonds and
securities ___________ 235,666.45 Total capital
accounts_$ 349,874.89
Furniture and fixtures __
7,299.39
Banking- house -----------1,975.00
3,605,040.34
Cash and due from banks 1,114,601.41 Demand deposits
59,547.45
Time deposits
119,089.64
U. S. Gov’t deposits___
492,813.33
Public funds
16,117.89
Deposits of banks _
Total d e p ._$4,292,608.65
Total



,$4,642,483.54

Total

$4,642,483.54

Forty-First Report

75

PEOPLES BANK, MAMMOTH SPRING
Population 870.

Fulton County

Chartered February 8, 1921. Telephone Number 44.
Officers
J. F. Martin______________ President
Cloy H. Culver_______Vice President
& Cashier
Lem W. Lewis_______ Asst. Cashier

Transit Number 81-645

Directors
Auda M. Culver
W. L. Miller
Cloy H. Culver
M. H. Powell
J. F. Martin

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 108,338.31
Overdrafts ____________
278.86
U. S. Gov’t obligations_ 529,126.75
Furniture and fixtures __
576.00
Banking h ou se_________
1.00
Cash and due from banks 205,956.70

Total

$ 844,277.62

Liabilities
Capital stock
_$
Surplus fund
Undivided profits
Total capital
accounts-_$ 76,483.43

25,000.00
10,000.00
41,483.43

713,237.12
19,000.00
2,518.58
33,038.49

Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. __$ 767,794.19

$ 844,277.62

Total

MERCHANTS AND PLANTERS BANK, MANILA
Population 1,729.
Chartered March 16, 1948.

Mississippi County

Telephone Number 30.

Officers
E. C. Fleeman___________ President
H. D. Alston________Vice President
Wm. G. Fox________________ Cashier
Vivian McCullough___ Asst. Cashier

Transit Number 81-710

Directors
H. D. Alston
Wm. G. Fox
Wm. Borowsky
H. B. Perkins
E. C. Fleeman
L. E. Townsend
Fred Fleeman

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 569,765.71
U. S. Gov’t obligations_
9,993.75
Other bonds and
securities______
37,000.00
Furniture and fixtures __ 10,572.80
Banking house ________
6,777.44
Cash and due from banks 313,121.87

Total



$ 947,231.57

Liabilities
Capital stock _
$
S 'rplus fund
Undivided profits _
Total capital
accounts-_$ 148,373.44
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 798,858.13
Total

75,000.00
50 000.00
23,373.44

578,894.28
90,910.34
160.45
128,893.06

.$ 947,231.57

76

State of Arkansas: Bank Department

BANK OF MANSFIELD, MANSFIELD
Population 869. Sebastian County
Chartered February 16, 1939. Telephone Number 7. Transit Number 81-249“
Officers
Directors
G. R. Holbrook__________ President G. K. Dixon
W. W. Holbrook
G. K. Dixon_________Vice President B. R. Holbrook
S. M. Taylor
W. W. Holbrook____________Cashier G. R. Holbrook
G. G. Woods
B. R. Holbrook________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 237,638.78 Capital s t o c k __________ $ 30,000.00
Overdrafts ____________
538.58 Surplus f u n d __________
45,000 00
32,480.93
U. S. Gov’t obligations_ 783,056.88 Undivided p r o fit s ______
Other bonds and
Reserves ______________
54,359.46
securities____________
190,164.60 Total capital
Furniture and fixtures _
4,500.00
accounts_$ 161,840.39
3,500,00
Banking house ________
Cash and due from banks 300,782.40 Demand deposits ______ 852,797.47
Other resources _______
139.00 Time deposits _________ 324,319.92
4,308.10
U. S. Gov’t deposits___
Public fu n d s ___________
177,054.36
Total d e p ._$1,358,479.85
Total

$1,520,320.24

Total

_________________ $1,520,320.24

FARMERS AND MERCHANTS BANK, MARIANNA
Population 4,530. Lee County
Chartered January 9, 1942. Telephone Number 585. Transit Number 81-744
Officers
Directors
H. L. Petty----------------------- President E. D. Conner
W. P. Mixon
W. V. Moye_Vice Pres. & Secretary Thos. H. Gist
W. V. Moye
W. R. Jones.-Vice Pres. & Cashier A. C. Mahan, Jr. H. L. Petty
Mrs. Margaret D. Harris______Asst. Glenn U. Miller H. B. White
Cashier John F. Miller
Harvey W. Wilson
Mrs. Nellie R. Stallings Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
$ 50,000.00
Loans and discounts___ $1,175,917.15 Capital stock
Overdrafts ____________
75.61 Surplus fund
75,000.00
U. S. Gov’t obligations __
59,927.81 Undivided profits
85,744.13
Reserves _
21,351.85
Other bonds and
serurities____________
18,750.00 Total capital
Furniture and fixtures _
15,329.31
accounts_$ 232,095.98
Cash and due from banks 577,821.18
Other resources________
1,443.76 Demand deposits
1,465,632.71
Time deposits
29,000.00
U. S. Gov’t deposits___
6,300.60
Public funds
116,235.53
Total dep._$1 617,168.84
Total



$1 849,264.82

Total

$1,849,264.82

Forty-First Report

77

CITIZENS BANK, MARION
Population 883.
Chartered March 15, 1938.

Crittenden County

Telephone Number 1.

Officers
J. F. Fogleman___________ President
A. J. Lumpkin_Vice Pres. & Cashier
Mrs. Mary L. Hoskins_Asst. Cashier

Transit Number 81-742

Directors
Perry Barton
Allen B. Helms
Wilson P. Barton
A. J. Lumpkin
J. F. Fogleman
J. C. Mann

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities ___________
Furniture and fixtures_
Banking house ________
Cash and due from banks

Total

686,235.31
7.11
847,900.00
160,572.47
5,579.00
1.00
412,835.57

$2,113,130.46

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus fund __________
50,000.00
106,652.77
Undivided p r o f it s _____
Total capital
accounts_$ 206,652.77
Demand deposits ______ 1 172,766.05
Time deposits _________ 206,735.64
2,127.10
U. S. Gov’t deposits___
Public fu n d s ___________
524,848.90
Total dep.__$l,906,477.69
Total

$2,113,130.46

MARKED TREE BANK, MARKED TREE
Population 2,878.
■Chartered March 3, 1932.

Poinsett County

Telephone Number 00.

Officers
John Brunner_____________ President
John Brunner, Jr. Exec. Vice Pres.
Louis H. Goad____________ _Cashier
Helen Stewart_________Asst. Cashier

Transit Number 81-705

Directors
Frank Brunner
L. V. Ritter
John Brunner
L. V. Ritter, Jr.
John Brunner, Jr.

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $1,241,741.78 Capital s t o c k __________J 50.000. 00
U. S. Gov’t obligations_ 741 500.00 Surplus fund __________
75.000. 00
Undivided p r o fit s ______ 102,347.63
■Other bonds and
securities____________
14,000.00 Reserves ______________
10,509.96
11,586.49 Total capital
Banking house ________
accounts—$ 237,857.59
Cash and due from banks 521,198.66
Demand deposits_______ 1,855 240.06
Time deposits ------------216,520.16
U. S. Gov’t deposits___
4,806.53
Public fu n d s ___________
215,602.59
Total dep.__$2,292,169.34
'Total



$2,530,026.93

Total

$2,530,026.93

78

State of Arkansas: Bank Department

THE CITIZENS BANK, MARSHALL
Population 1,189.
Chartered February 26, 1940.

Searcy County

Telephone Number 27.

Officers
. Mary Massey________ President
James C. Mays_Vice Pres. & Cashier
Mrs. Jimmie Lee Falls_Asst. Cashier

Transit Number 81-715

Directors
M. F. Cash
Ancil Mays
Dewey Massey
James C. Mays
Mrs. Mary Massey

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking house ________
Other real e s ta t e _____
Cash and due from banks

319,678.41
5.94
306,984.38
228,343.93
3,707.69
9,834.23
6,158.80
420,235.42

Total _________________ $1,294,948.80

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 86,079.34
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total d e p ._$1,208,869.46
Total

25 000.00
35.000 00
26,079.34

598,514.66
512,243.29
11,885.53
86,225.98

.$1,294,948.80

BANK OF MARVELL, MARVELL
Population 1,121. Phillips County
Chartered January 8, 1903. Telephone Number 2564. Transit Number 81-393
Officers
Weldon Jackson___________President
H. B. Willis___ Exec. Vice President
& Cashier
F. H. Webster______ Vice President
Edmund Hirsch______Vice President
Evelyn S. Cooke______ Asst. Cashier

Directors
Saul Davidson
Rachel Swift
K. J. Graves
F. H. Webster
Edmund Hirsch
H. B. Willis
Weldon Jackson

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts___ $ 431,513.00 Capital s t o c k _1_______$ 50,000.00
50,000.00
U. S. Gov’t obligations_ 545 070.00 Surplus fund __________
Undivided p r o fit s ______
24,553.34
Other bonds and
40,000.00
securities____________
26,500.00 Reserves ______________
Furniture and fixtu res_
1.00 Total capital
accounts_$ 164,553.34
Banking h o u s e ________
1.00
Cash and due from banks 267,266.69
Demand deposits_______1,021,714.19
Time deposits _________
7,000.00
U. S. Gov’t deposits___
2 377.45
Public fu n d s ___________
74,706.71
Total dep. __$1,105,798.35
Total



$1,270,351.69

Total

__________________ $1,270,351.69

Forty-First Report

79

BANK OF McCRORY, McCRORY
Population 1,115.
Chartered June 8, 1903.

Woodruff County

Telephone Number 3221.

Officers

I. N. Arnof_______________ President
Otto Miller____ Exec. Vice President
John D. Eldridge, Jr._Vice President
Vance M. Thompson_Vice President
Curtis A. Houston__________ Cashier
Ruth F. Hale_________ Asst. Cashier
James W. Taylor_____ Asst. Cashier

Transit Number 81-261

Directors
I. N. Arnof
Vance M. Thompson
John D. Eldridge, Jr.

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts____$1,013,374.62
2,032.46
Overdrafts ____________
U. S. Gov’t obligations_ 355,000.00
Other bonds and
securities____________
493,107.80
Furniture and fixtu res_
18,849.96
66,920.69
Banking h o u se _________
Cash and due from banks 539,559.18
156.09
Other resources _______

Total




$2,489,000.80

Liabilities
Capital stock _
$
Surplus fund
Undivided p r o fit s __
Reserves _
Total capital
accounts. _$ 177 965.10

50,000.00
50,000.00
55,856.87
22,108.23

Demand deposits
1,876,341.23
Time deposits
300,780.03
U. S. Gov’t deposits___
15,663.05
Public fu n d s ______
118,251.39
Total dep. _.$2,311,035.7©
Total

$2,489,000.80

80

State of Arkansas: Bank Department

McGEHEE BANK, McGEHEE
Population 3,854. Desha County
Chartered December 5, 1933. Telephone Number 31. Transit Number 81-585
Officers
Directors
R. G. Verser_Chairman
of Board R. L. Beck
W. A. Smith
Sam Bowman_____________ President Sam Bowman R. B. Stone
J. W. Willoughby, Jr.__Vice President J. T. Clower R. G. Verser
Mark E. Sherland, Jr--------Asst. Vice D. C. Loyd
J. W. Willoughby, Jr.
President W. R. Stephens
J. R. Rich__________________ Cashier
J. B. Morgan__________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts___ $2,034,365.70 Capital stock __________ $ 200,000.00
200,000.00
Overdrafts -----------------3,040.34 Surplus fund __________
57,314.34
U. S. Gov’t obligations_ 1,067,773.26 Undivided p r o fit s ______
27,094.59
Reserves ______________
Other bonds and
securities_____________ 1,126,101.41 Total capital
accounts_$ 484,408.93
Furniture and fixtu res_
12,456.86
Cash and due from banks 816,905.13
4,006.68 Demand deposits ______ 2,496,180.66
Other resources _______
Time deposits _________ 1,319,470.57
U. S. Gov’t deposits___
162 786.26
Public funds __________
593,393.23
Total dep. __$4,571,830.72
Other liabilities________
Total

$5,064 649.38

Total

8,409.73
$5,064,649.38

BANK OF MELBOURNE, MELBOURNE
Population 568. Izard County
Chartered July 29, 1896.
Telephone Number 17.
Transit Number 81-397
Officers
Directors
J. C. Miller______________ President J. C. Miller
A. J. Younger
Tom Simpson________Vice President Tom Simpson
A. J. Younger_____________ Cashier
Opal Troxler__________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts----- $ 215,159.88 Capital s t o c k __________ I
25.000. 00
U. S. Gov t obligations__ 396,000.00 Surplus fund __________
25.000. 00
Undivided p r o fit s ______
27,637.98
Other bonds and
Reserves ______________
33,309.80
securities______
1,000.00
Furniture and fixtures —
1.00 Total capital
accounts_$ 78,637.98
Banking house -----------1-00
Cash and due from banks 196,400.11
Demand deposits ______ 669.311.06
U. S. Gov’t deposits___
3,755.52
Public fu n d s ___________
89,179.09
Total dep. __$ 762,245.67
Total



.$ 840,883.65

Total

.$ 840,883.65

Forty-First Report

81

THE UNION BANK OF MENA, MENA
Population 4,445. Polk County
Chartered July 25, 1934.
Telephone Number 85.
Transit Number 81-98
Officers
Directors
W. J. Lauck_______________ President W. L. Boyd
W. J. Lauck
W. L. Boyd___ Exec. Vice President C. C. Crowell
Bill Lauck Wood
& Cashier
Bill Lauck Wood______Vice President
C. C. Crowell_________ Asst. Cashier
Ramona Hensley______ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts----- $ 804,151.72 Capital s t o c k __________$ 75,000.00
50,000.00
U. S. Gov’t obligations_ 836.588.13 Surplus fund __________
Undivided p r o f it s ______
89,765.40
Other bonds and
securities ___________ 247,176.13 Total capital
accounts_$ 214,765.40
10,019.89
Furniture and fixtures_
Banking house ________
9,733.90
Cash and due from banks 532,498.50 Demand deposits ______ 1,965,155.08
Time deposits _________ 103 903.21
U. S. Gov’t deposits___
10,502.49
145,842.09
Public fu n d s ___________
Total dep. _.$2,225,402.87
Total

$2,440,168.27

Total

____ $2,440,168.27

MONETTE STATE BANK, MONETTE
Population 1,114. Craighead County
Chartered December 29. 1936. Telephone Number 50. Transit Number 81-724
Officers
Directors
R. E. Jacobs___ President & Cashier D. H. Blackwood, Jr.
J. Lan Williams______Vice President R. E. Jacobs
F. H. Heise__________ Asst. Cashier J. Lan Williams
Thurman Miller______Mgr. Caraway
Window
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital stock __________ $ 50,000.00
Loans and discounts_$1,209,266.80
50,000.00
744.71 Surplus fund -------- —
Overdrafts ____________
61,255.39
U. S. Gov’t obligations_
41,000.00 Undivided p r o fit s ______
Furniture and fixtu res_
10,550.67 Total capital
accounts_$ 161,255.39
Other real e s ta te --------7,610.96
Cash and due from banks 692,396.26
Other resources _______
2,322.10 Demand deposits _____ 1,401,686.77
Time deposits ________ 257,000.79
U. S. Gov’t deposits___
9,757.96*
Public fu n d s __________
115,076.54
Deposits of b an k s______
19,114.05
Total dep. _.$1,802,636.11
Total



$1,963,891.50

Total

$1,963,891.50

82

State of Arkansas: Bank Department

COMMERCIAL LOAN AND TRUST COMPANY, MONTICELLO
Population 4,501.

Drew County

Chartered November 29, 1912. Telephone Number 228. Transit Number 81-534
Officers
J. D. McCloy______________ President
Joe McCloy___ Exec. Vice President
M. L. Sigman________Vice President
Mrs. Mabel C. Sherry______Cashier
Mrs. Velma Allen_____ Asst. Cashier
Mrs. Hazel Dickinson_Asst. Cashier

Directors
J. A. Baxter James A. Ross
J. F. Brann Joe Shelton
E. R. Lambert M. L. Sigman
J. D. McCloy John B. Posey
Joe McCloy
Virgil L. Trotter, Jr.

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts
_ _
U. S. Gov’t obligations_
Other bonds and
securities___________
Furniture and fixtures_
Banking house
_ _
Cash and due from banks

Total




576,168.75
185.85
471,600.00
295,211.58
4,000.00
1,000.00
425,180.92

$1,773,348.10

Liabilities
Capital stock
_ $
Surplus fund
Undivided profits
Reserves _
___
Total capital
accounts_$ 235,020.13

60 000.00
90,000.00
25,020.13
60,000.00

Demand deposits
1,289,670.39
75,210.24
Time deposits _
_____
U. S. Gov’t deposits___
6,381.35
Public funds __
167,065.99
Total dep. _.$1,538,327.97
Total

$1,773,348.10

Forty-First Report

83

UNION BANK AND TRUST COMPANY, MONTICELLO
Population 4,501. Drew County
Chartered September 15, 1915. Telephone Number 31. Transit Number 81-156
Officers
Directors
Charles W. Daniel________ President R. A. Adcock
Dr. J. P. Price
Mrs. Virginia Pierce__Vice President Brown Calhoun R. F. Trotter
V. J. Trotter
Floyd L. Lance_____________ Cashier G. R. Campster
Jimmie L. Taylor______ Asst. Cashier C. W. Daniel
Adrian Williamson
Mrs. Aileen Coston____ Asst. Cashier Zach McClendon M. F. Wright
STATEMENT OF JUNE 30. 1955
Resources
Liabilities
Loans and discounts_$1,440,375.93
Capital stock _
_ $ 100 000.00
1,283.99 Surplus fund
Overdrafts ____________
100,000.00
U. S. Gov’t obligations_ 547,479.00 Undivided profits
129,264.24
Reserves _
231,838.45
Other bonds and
securities ____________ 1,565,908.26 Total capital
1.00
Furniture and fixtures_
accounts_$ 561,102.69
25,000.00
Banking house ________
Cash and due from banks 668,356.23 Demand deposits _ __ 2,810,810.49
Other resources ---------1,037.78 Time deposits ____
246,297.92
U. S. Gov’t deposits___
46,457.28
578,262.72
Public funds _
6,511.09
Deposits of banks
Total d e p ._$3,688,339.50
Total

$4,249,442.19

Total

$4,249,442.19

MORRILTON SECURITY BANK, MORRILTON
Population 5,483. Conway County
Chartered November 19, 1954. Telephone Number 34. Transit Number 81-777
Officers
Directors
Claude M. Farish__________President Osco Coleman
Nathan Gordon
Paul vonAllmen______ Vice President W. G. Davis
A. J. Meadors
& Cashier Claude M. Farish
Plelix Schlo^ser
Nathan Gordon______ Vice President Edward Gordon
Paul vonAllmen
Mayo Gordon
STATEMENT OF
Resources
Loans and discounts___ $ 233,096.02
U. S. Gov’t obligations — 197,213.36
Other bonds and
securities____________
10,000.00
Furniture and fixtures —
18,579.27
Banking house -----------8,000.00
Cash and due from banks 488,076.49
Other resources ---------20.00

Total



.$ 954,985.14

JUNE 30, 1955
Liabilities
Capital stock __________
Surplus fund __________
Undivided p r o f it s ______
Total capital
accounts_$ 145,476.82
Demand deposits _____
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Deposits of b an k s_____
Total dep. __$ 809,508.32
Total

100, 000.00

25,000.00
20,476.82

543 338.49
77,164.75
5,892.62
87,112.46
85,000.00

$ 954,985.14

84

State of Arkansas: Bank Department

THE FIRST STATE BANK, MORRILTON
Population 5,483.
Chartered November 26, 1930.

Conway County

Telephone Number 10.

Transit Number 81-144

Officers
R. H. Dickenhorst_________President
S. E. McReynolds__ Exec. Vice Pres.
C. E. Linebarger____________ Cashier
H. J. Kordsmeier_____ Asst. Cashier
S. W. Callihan________ Asst. Cashier

Directors
Cleo Cheek
S. E. McReynolds
W. E. Love
L. T. Oates
S. R. McKinley A. F. Williams
R. H. Dickenhorst

STATEMENT OF
Resources
Loans and discounts----- $1,344,145.50
Overdrafts ____________
35.91
U. S. Gov’t obligations_ 2,392,621.26
Other bonds and
396,517.05
securities____________
Banking house _______
30,000.00
Other real e s ta t e --------1.00
Cash and due from banks 1 063,785.75

JUNE 30, 1955
Liabilities
Capital s t o c k __________$ 100,000.00
Surplus fund __________
150,000.00
Undivided p r o f it s ______ 204,943-74
Reserves ______________
27,078.07
Total capital
accounts_$ 482,021.81

Total _________________ $5,227,106.47

Demand deposits ______ 3,978,714.78
Time deposits _________
505,504.47
35,570.24
U. S. Gov’t deposits___
Public fu n d s ___________
218,987.30
Deposits of banks______
6,307.87
Total d e p ._$4,745,084.66
Total _________________ $5,227,106.47

THE BANK OF MONTGOMERY COUNTY, MT. IDA
Population 566. Montgomery County
Chartered November 26, 1930. Telephone Number 149. Transit Number 81-404
Officers
Directors
R. A. Rice________________ President J. A. Rice
Arthur Standridge
R. A. Rice
H. D. Williams
J. A. Rice____________ Vice President
A. S. Hulsey________________ Cashier Sam Smith
Juanita Standridge____ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 318,763.54
Overdrafts ____________
101.38
U. S. Gov’t obligations_ 364,700.00
Other bonds and
securities____________
31,494.22
Furniture and fixtures —
7,000.00
Banking house ________
1,100.00
Cash and due from banks 213,393.75

Total



.$ 936,552.89

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s --------Reserves ______________
Total capital
accounts_$ 92,358.34
Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 844,194.55
Total

25,000.00
35.000.00
23,223.49
9,134.85

560,719.87
161,280.55
34,629.39
87,564.74

.$ 936,552.89

Forty-First Report

85

THE PEOPLES BANK, MOUNTAIN HOME
Population 2,217.
Chartered August 10, 1906

Baxter County

Telephone Number 6 Transit Number 81-402

Officers
Powers L. Fowler________President
Don J. Baker------------Vice President
Earle J. Bryant---------Vice President
Wylo Dyer__________Vice President
Neil Nelson________________ Cashier

Directors
Don J. Baker
Powers L. Fowler
Earle J. Bryant
J. Paul Morgan
Wylo Dyer
Neil Nelson

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital s t o c k __________ $ 50,000.00
Loans and discounts____ $ 853,941.01
75,000.00
Overdrafts ____________
326.04 Surplus f u n d __________
U. S. Gov’t obligations_ 1,207,728.38 Undivided p r o fits ______ 119,338.87
11,341.44
Reserves ______________
Other bonds and
Total capital
259,968.86
securities_______
accounts_$ 255,680.31
Furniture and fixtu res_____________ 7,000.00
Banking h ou se____
7,000.00
Cash and due from banks 733,428.78 Demand deposits_______ 2,530,983.78
Time deposits_^_______
91,921.00
U. S. Gov’t deposits___
540.00
Public fu n d s ___________
190,267.98
Total dep. __$2,813,712.76
$3,069,393.07

Total

$3,069,393.07

Total

BANK OF MOUNTAIN VIEW, MOUNTAIN VIEW
Population 1,043.
Chartered July 21, 1915.

Stone County

Telephone Number 2271.

Officers
Hubert Hinkle_____________ President
H. S. Mabry, Jr._______________
______Vice President and Cashier
Reva Killian___________Asst. Cashier
Marie Goodman_______ Asst. Cashier

Transit Number 81-403

Glen Hinkle
Hubert Hinkle

Directors
H. S. Mabry, Jr.
G. R. Sansom

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts----- $ 238,310.85
U. S. Gov’t obligations_ 358,100.00
Other bonds and
95,000.00
securities____________
3,735.60
Furniture and fixtu res_
Banking house__________
1,000.00
Cash and due from banks 130,772.62

T o ta l_____________



__ $ 826,919.07

Liabilities
Capital stock __________$
Surplus fund _ ________
Undivided p rofits_______
Total capital
accounts_$ 117,003.66

25,000.00
50,000.00
42,003.66

Demand deposits _______
Public funds __________
Total dep. __$ 709,915.41

621,788.92
88,126.49

T o ta l___________

___ $ 826,919.07

86

State of Arkansas: Bank Department

BANK OF MULBERRY, MULBERRY
Population 952.

Crawford County

Chartered January 15, 1902. Telephone Number 2591. Transit Number 81-257
Officers
S. B. Stevinson____________President
T. J. House____________________
Exec. Vice President and Cashier
C. D. Chastain________ Asst. Cashier
Mrs. T. J. House______ Asst. Cashier

C. R. Counts
B. J. Farmer
T. J. House

Directors
O. J. Kirksey
S. B. Stevinson

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 389,823.36
Overdrafts_____________
2,712.54
U. S. Gov’t obligations_ 298,600.00
Other bonds and
securities____________
87,754.04
2,400.00
Furniture and fixtu res_
Banking h o u se _________
1.00
Cash and due from banks 338,906.54
Other resources________
407.27

Liabilities
Capital stock __________$
Surplus fund __________
Undivided p ro fits_______
Total capital
accounts_$ 135,423.70

25,000.00
25,000.00
85,423.70

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total d e p ._$ 985,181.05

907,529.32
309.09
7,358.10
69,984.54

Total

Total

$1,120,604.75

$1,120,604.75

PIKE COUNTY BANK, MURFREESBORO
Population 1,079.

Pike County

Chartered December 19, 1904. Telephone Number 60. Transit Number 81-405
Officers
John Beavers______________ President
Charles Damall--------------------Cashier
Cleo Risner____________ Asst. Cashier

Directors
John Beavers
Mabel B. Manville
Charles Darnall
Carle Robbins
Glenn Hickey

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking house ________
Cash and due from banks
Other resources _______

Total



529,016.14
582,703.13
177 002.62
5,000.00
5,000.00
561,708.33
752.57

$1,861,182.79

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o f it s _____
Total capital
accounts_$ 131,285.52

37,500.00
37,500.00
56,285.52

Demand deposits ______ 1,124,656.59
Time deposits__________
366,300.13
Public fu n d s ___________
238,940.55
Total dep. __$1,729 897.27
Total

$1,861,182.79

Forty-First Report

87

BANK OF NETTLETON, NETTLETON
Population 1,382.

Craighead County

Chartered February 13, 1904. Telephone No. WEbster 2-2131 Transit No. 81-406
Officers
L. D. Kiech_______________President
Fred Shauver_________Vice President
E. E. Hale____ t_____________ Cashier
R. E. Thomas__________Asst. Cashier

Directors
E. E. Hale
Veon C.Kiech
L. D. Kiech
Fred Shauver
Maurice C. Kiech

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts_____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking h ou se_________
Cash and due from banks

Total

614,558.03
3.97
668,937.50
107,911.00
5,447.48
15,622.73
337,191.80

$1,749,672.51

Liabilities
Capital stock ___________ $ 80,000.00
Surplus fu n d ___________
110,000.00
Undivided p r o fit s ______
47,965.74
Total capital
accounts_$ 237,965.74
Demand deposits_______ 1,365,879.24
U. S. Gov’t deposits___
1,699.94
Public funds __________
112,820.59
Deposits of ban k s______
31,307.00
Total dep. __$1,511,706.77
Total _________________ $1,749,672.51

BANK OF NEWARK, NEWARK
Population 913.

Independence County

Chartered October 10, 1944. Telephone No. PILgram. 6-3221 Transit No. 81-748
Officers
W. J. Freeze__________ ____ President
O. L. Bone____________ Vice President
Stella Edwards_______ Vice President
J. L. Magness________ ______ Cashier
C. P. Edwards________ _Asst. Cashier

Directors
O. L. Bone
W. J. Freeze
C. P. Edwards
J. L. Magness
Stella Edwards
Ed. V. Wilson
J. W. Freeze

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 193,396.81
U. S. Gov’t obligations
342,000.00'
Furniture and fixtures
1,000.00
Cash and due from banks 194,902.39

Total



.$ 731,299.20

Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p rofits_______
Total capital
accounts_$
69,924.81

25,000.00
25,000.00
19,924.81

Demand deposits_______
U. S. Gov’t deposits_____
Public fu n d s ___________
Total dep. __$ 661,374.39

583,618.46
6,931.25
70,824.68

Total

$ 731,299.20

State of Arkansas: Bank Department

88

BANK OF NEW EDINBURG, NEW EDINBURG
Population 500.

Cleveland County

Chartered August 22, 1904. Telephone Number 879J2. Transit Number 81-408
Officers
E. T. Attwood_____________ President
Ray Attwood___ Vice Pres. & Cashier
Geneva Attwood________Asst. Cashier

Directors
E. T. Attwood
W. K. Parham
Ray Attwood

STATEMENT OF
Resources
Loans and discounts___ $ 82,863.18
U. S.Gov’t obligations_ 154,000.00
Other bonds and
securities_
17,929.80
Furniture and fixtu res_
231.00
Banking house _____
101.00
Cash and due from banks
81,272.15
300.00
Other resou rces___ _

JUNE 30, 1955
Liabilities
Capital stock
__ $
Surplus fund
_ ___
Undivided p r o f it s ___ __
Total capital
accounts_$ 41,447.67

25,000.00
10,000.00
6,447.67

Demand deposits _ _ _
Time deposits __________
U. S. Gov’t deposits___
Public fu n d s __ ______
Total dep.
295,114.03

223.260.08
36,351.86
2,325.00
33,177.09

Other liabilities _
Total

_

_




_$ 336,697.13

Total

_ _ _

135.43
_

$ 336,697.13

Forty-First Report

89

MERCHANTS AND PLANTERS BANK, NEWPORT
Population 6,254.
Chartered March 20, 1946.

Jackson County

Telephone Number 225.

Officers
P. L. Copeland------------------President
L. H. Conditt___ Exec. Vice President
Ellen Giles_____________ Asst. Cashier
Anna Jean Hayden_____ Asst. Cashier
Ada Marie Mink_______ Asst. Cashier
Nora Lee Wilson_______ Asst. Cashier

Transit Number 81-756

Directors
R. C. Biggadike W. A. McCartney
D. H. Burton
Ralph McDonald
P. L. Copeland
Leonidas Mack
Paul K. Holmes
FredM.Pickens, Jr.
R. G. Holden

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$1,626,354.62
U. S. Gov’t obligations — 157,582.00
Other bonds and
securities______
219,121.28
12,291.26
Furniture and fixtu res_
Cash and due from banks 1,065,059.19

Liabilities
Capital stock____________
Surplus fu n d ___________
Undivided p ro fits_______
Reserves_______________
Total capital
accounts_$ 267,705.74

75,000.00
100,000.00
64,035.87
28,669.87

Demand deposits_______ 1,932,851.29
Time deposits__________ 403,000.10
U. S. Gov’t deposits____
51,182.29
298,246.99
Public fu n d s ___________
Deposits of b an k s______ 127,215.29
Total dep. __$2,812,495.96
Other liabilities________
Total




$3,080,408.35

Total

206.65
$3,080,408.35

90

State of Arkansas: Bank Department

THE TWIN CITY BANK, NORTH LITTLE ROCK
Population 44,097.

Pulaski County

Chartered March 21, 1935. Telephone No. FRanklin 5-5361. Transit No. 81-54
Officers
Henry 0. Topf____________President
R. J. Rice_____ Vice Pres. & Cashier
Ray Clifton____________Asst. Cashier
J. Grayson Dickson___ Asst. Cashier
C. H. Fuller___________ Asst. Cashier
W. R. Rice_____________Asst. Cashier

Directors
R. J. Rice
Henry O. Topf

J. E. Wright

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $2,118,267.74
U. S. Gov’t oblgiations_ 4,696,600.00
Other bonds and
securities____________
182,965.67
Furniture and fixtu res_
28,758.58
21,000.00
Banking h ou se_________
Cash and due from banks 2,214,707.90
Other resources _______
1,960.57

Liabilities
Capital s t o c k __________$ 150,000.00
Surplus fund __________
150,000.00
Undivided p r o fit s ______ 188,571.45
Total capital
accounts_$ 488,571.45
Demand deposits_______ 6,036,164.74
Time deposits__________ 1,449,711.81
Public fu n d s ___________ 1,289,555.46
Total dep. _.$8,775,432.01
Other liabilities________

Total _________________ $9,264,260.46




257.00

Total _________________ $9,264,260.46

Forty-First Report

91

MISSISSIPPI COUNTY BANK, OSCEOLA
Population 5,006.
Chartered March 15, 1928.

Mississippi County

Telephone Number 500.

O fficers

G. H. Florida____ Chairman of Board
C. B. Wood_______________ President
H. F. Ohlendorf_______Vice President
J. W. Farris___ Vice Pres. & Cashier
C. L. Anderson, Jr______Asst. Cashier
Mary E. Balloue______ Asst. Cashier
Bill Landrum---------------- Asst. Cashier
Loraine E. Owen_______ Asst. Cashier
Nora Wise_____________Asst. Cashier

R. C. Branch
J. W. Farris
G. H. Florida

Transit Number 81-387
D irectors

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

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $3,143,448.39
255.45
Overdrafts ____________
U. S. Gov’t obligations_
57,425.00
Other bonds and
securities____________
126,975.70
Furniture and fixtu res_
17,084.90
Banking house ________
1.00
Cash and due from banks 1,290,338.49
1,711.49
Other resources ______

Liabilities
Capital s t o c k __________$ 200,000.00
Surplus f u n d __________ 200,000.00
Undivided p r o fit s ______ 153,432.40
Total capital
accounts_$ 553 432.40

Total

Total




$4,637,240.42

Demand deposits_______ 2,723,914.92
Time deposits__________ 817,200.67
U. S. Gov’t deposits___
29,941.36
Public funds __________ 442,751.07
Deposits of b an k s______
70,000.00
Total d e p ._$4,083,808.02
$4,637,240.42

92

State of Arkansas: Bank Department

THE PLANTERS BANK, OSCEOLA
Population 5,006.
Chartered April 13, 1944.

Mississippi County-

Telephone Number 400.

Officers
R. C. Bryan_______________ President
C. E. Dean______Exec. Vice President
& Cashier
J. F. Herndon__________Asst. Cashier

Transit Number 81-745

R. C. Bryan
J. T. Cromer
C. E. Dean

Directors
Nathan Weinberg
L. C. B. Young

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$2,465,028.02
32,000.00
U. S. Gov’t obligations_
Other bonds and
165,055.93
securities______
Furniture and fixtu res_
8,379.87
10,000.00
Banking h o u se ___
Other real estate_
1.00
Cash and due from banks 589.003.15
Other resources__
2,475.50

Liabilities
Capital stock ___________ $ 75,000.00
Surplus fu n d ___________
150,000.00
Undivided p rofits_______
48,657.95
33,704.10
Reserves_______________
Total capital
accounts_$ 307,362.05

Total _________________ $3,271,943.47

Total

Demand deposits_______ 1,648,523.94
Time deposits__________
997,728.97
23,207.46
U. S. Gov’t deposits___
Public fu n d s ___________
295,121.05
Total dep. __$2,964,581.42
___________ ______ $3,271,943.47

BANK OF OZARK, OZARK
Population 1,757.
Chartered June 9, 1937.

Franklin County

Telephone Number 28.

Officers
W. A. Hudspeth___________President
W. A. Hudspeth, Jr. Vice President
Don Smith__________________ Cashier

Transit Number 81-727

Directors
W. A. Hudspeth
Jeta Taylor
Frank N. Johnston
Romie Wison

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts----- $ 392,175.78
1,407.13
O v e rd ra fts_____
U. S. Gov’t obligations __. 1,178,690.24
750.00
Banking h o u s e _______
Cash and due from banksi 423,499.57

Liabilities
Capital s t o c k __________ $
Surplus f u n d ___
Undivided profits ______
Total capital
accounts_$ 138,974.66

25,000.00
75,000.00
38,974.66

Demand deposits _ ____ 1,704,893.97
Public funds _ ___
139,913.64
Deposits of banks __ _
10,000.00
Total dep. __$1,854,807.61
Other liabilities _
Total _

___ ________ $1,996,522.72




Total __

_________

___

2740.45

__$1,996,522.72

Forty-First Report

93

THE SECURITY BANK AND TRUST COMPANY, PARAGOULD
Population 9,668.

Greene County

Chartered February 5, 1931. Telephone No. CEdar 2-7782. Transit No. 81-82
Officers
Jas. W. Alexander__________President
E. R. Browning________________
_______Vice President & Cashier
S. P. McHaney________Vice President
Mary Bynum___________ Asst. Cashier
Reba Neely____________ Asst. Cashier
Scott Noel_____________ Asst. Cashier

D irp rtn rQ

J. W. Alexander
E. R. Browning
Earl Gramling
J. A. Hancock
S. P. McHaney

R. V. McCoy
L. G. Staub
Ike Willcockson
J. E. Winn

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts____$1,423,910.05
Overdrafts_____________
113.96
U. S. Gov’t obligations_1,101,812.50
Other bonds and
securities____________
319,829.25
5,532.63
Furniture and fixtu res_
Banking h ou se_________
8,250.00
Cash and due from banks 828,760.81

Liabilities
Capital stock ___________ $ 100,000.00
100,000.00
Surplus fu n d ___________
Undivided p r o fit s ______ 117,016.30
Reserves_______________
75,000.00
Total capital
accounts_$ 392,016.30
Demand deposits_______ 1,885,353.91
Time deposits__________ 1,038,017.52
70,267.13
U. S. Gov’t deposits___
Public fu n d s____________ 301,297.88
Total dep. __$3,294,936.44
Other liabilities________

Total




$3,688,209.20

Total

1,256.46
$3,688,209.20

94

State of Arkansas: Bank Department

BANK OF PARKDALE, PARKDALE
Population 385. Ashley County
Chartered February 1, 1910. Telephone Number 2181. Transit Number 81-416
Officers
Directors
J. A. Williams_____________ President J. H. Caldwell
J. A. Williams
J. H. Caldwell________Vice President J. P. Caldwell
J. P. Caldwell_______________ Cashier
James B. Hill__________Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 339,025.48
102.49
Overdrafts
U. S. Gov’t obligations — 233,164.55
1,087.20
Furniture and fixtu res_
92,143.06
Cash and due from banks

JUNE 30, 1955
Liabilities
_ $
Capital s t o c k ___
Surplus fund
_ _
Undivided p r o fit s ______
Reserves _
Total capital
accounts_$ 86,969.44
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds _
Total dep. __$ 578,553.34

Total

_

$ 665,522.78

Total

_

_

30.000. 00
20.000. 00
34,969.44
2,000.00

514,417.14
28,991.10
3,021.85
32,123.25

$ 665,522.78

FIRST STATE BANK, PARKIN
Population 1,414. Cross County
Chartered June 5, 1925. Telephone Number 5-5401. Transit Number 81-676
Officers
Directors
H. L. Coldren____________ President
F. E. Brenner, Sr. H. L. Coldren
Mrs. G. D. Carter___ Exec. Vice Pres.
F. E.Brenner, Jr.
H. L. Coldren, Jr.
F. E. Brenner, Sr_____ Vice President John A. Brenner S. N. Green
S. N. Green_________________ Cashier
Mrs. G. D. Carter N. E. Thomas
Mrs. A1 Jean Crook___ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 541,150.56
U. S. Gov’t obligations_ 204,000.00
Other bonds and
securities______
16,000.00
Furniture and fixtu res_
10,919.00
Banking house --------29,956.00
Cash'and due from banks 305,555.63
Other resources _______
1,525.98

Total

__________________ $1,109,107.17




JUNE 30, 1955
Liabilities
Capital stock __________$
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 151,511.14

50 000.00
50,000.00
51,511.14

Demand deposits_______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 950,331.02

727,203.07
142,928.93
9,792.16
70,406.86

Other liabilities________

7,265.01

Total

----------------------------$1,109,107.17

Forty-First Report

95

BANK OF PEA RIDGE, PEA RIDGE
Population 268.
Chartered May 6, 1911.

Benton County

Telephone Number 10.

O fficers

W. T. Patterson___________ President
Hugh H. W ebb________________
______ Vice President & Cashier
Alvin Armstrong______Asst. Cashier

Transit Number 81-468
D irectors

W. T. Patterson
Hugh H. Webb

Nell I. Webb

STATEMENT OF JUNE 30. 1955
Resources

Loans and discounts___ $ 176,800.72
Overdrafts_____________
175.71
U. S. Gov’t obligations_
50,000.00
Furniture and fixtu res_
1,200.00
SOO'.OO
Banking h ou se_________
Cash and due from banks 104,872.30

Total _________________ $ 333,348.73

Liabilities

Capital stock _________$
Surplus fund
_ _ _
Undivided profits
Total capital
accounts_$ 69,487.46

25,000.00
25,000.00
19,487.46

Demand deposits _ _
Time deposits
Public fu n d s _
Total dep.
263,861.27

208,456.92
21,892.12
33,512.23

Total

$ 333,348.73

THE PERRY COUNTY BANK, PERRYVILLE
Population 674.
Chartered December 8, 1945.

Perry County

Telephone Number 24.

O fficers

B. J. Suffridge___________President
Paul Van Dalsem_____ Vice President
H. E. Van Dalsem___________ Cashier
J. H. Moore___________ Asst. Cashier

Transit Number 81-752
D irectors

J. D. Farish
H. E. Van Dalsem
B. J. Suffridge
Paul Van Dalsem
Joseph B. Lipsmeyer

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 193,378.89
U. S. Gov’t obligations_ 191,000.00
Other bonds and
874.50
securities
1,620.85
Furniture and fixtu res_
11,499.21
Banking house
Cash and due from banks 313,990.88

Liabilities
Capital stock
_ $
Surplus fund
Undivided profits
Total capital
accounts_$ 60,089.10

25,000.00
15,000.00
20,089.10

Demand deposits
Public funds _
Total dep.
648,723.83

476,943.37
171,780.46

Other liabilities__
Total



$ 712,364.33

Total

3,551.40
.$ 712,364.33

96

State of Arkansas: Bank Department

PIGGOTT STATE BANK, PIGGOTT
Population 2,558.
Chartered March 10, 1930.

Clay County

Telephone Number 71.

Officers
V. C. Wright_____________ President
T. W. Leggett__ Exec. Vice President
T. W. Leggett, Jr___________ Cashier
J. W. Harris___________ Asst. Cashier

Transit Number 81-698

Directors
J. W.Hamilton H. C. Robbins
T. W. Leggett
John Staples
T. W.Leggett, Jr. V. C. Wright
G. Will Reves

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
* 50,000.00
_
Loans and discounts____$ 509,616.84 Capital stock _
50,000.00
_
_ U. S. Gov’t obligations_ 1,058,281.72 Surplus fund _
119,385.93
Undivided profits _
Other bonds and
75,000.00
—
securities____________
249,238.03 Reserves__
Total capital
Furniture and fixtu res_____________ 2,000.00
accounts_$ 294,385.93
6,000.00
Banking h ou se _________
Cash and due from banks 341,334.80
1,518,731.93
Demand deposits _
89,202.10
Time deposits
_ _
22,283.16
U. S. Gov’t deposits___
241,868.27
Public funds.
Total d e p ._$1,872,085.46
Total ___________ ______$2,166,471.39

Total _________________ $2,166,471.39

FIRST STATE BANK, PLAINVIEW
Population 637.
Chartered January 12, 1934. Telephone
Officers
M. A. Vandover---------------- President
Donald Barger________Vice President
Winfred Hopper_____________ Cashier
Billie Mathis__________Asst. Cashier

Yell County
Number 051. Transit Number 81-234
Directors
Bill Aikman
C. B. Law
Donald Barger
J. C. Morse
Eric Caviness
M. A. Vandover
Willie Caviness
Noel Vandover

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 274,919.33
Capital stock __________$ 40,000.00
Overdrafts ____________
1,454.11 Surplus fund __________
40,000.00
U. S. Gov’t obligations_ 559,000.00 Undivided p r o fit s ______
87,996.10
Other bonds and
Reserves ______________
15,000.00
99,609.74 Total capital
securities____________
Furniture and fixtu res_
886.00
accounts_$ 182,996.10
Banking house ________
1.00
Other real estate_______
1.00 Demand deposits ______ 820,728.67
Cash and due from banks 234,063.13 Time deposits__________
82,125.19
U. S. Gov’t deposits___
3,806.59
Public fu n d s ___________
80,277.76
Total dep. __$ 986,938.21
Total



$1,169,934.31

Total

$1,169,934.31

Forty-First Report

97

BANK OF POCAHONTAS, POCAHONTAS
Population 3,840.
Chartered October 31, 1903.

Randolph County

Telephone Number 36.

Officers
Dr. J. W. B row n _________ President
Harry A. Belford____Exec. Vice Pres.
Joe T. Wilson_______________ Cashier
G. B. Johnson.,_______ Asst. Cashier
Wm. H. Holobaugh____Asst. Cashier

Transit Number 81-297
D iT P P tn r Q

F. E. Belford
J. M. Futrell
Tom Bigger
J. R. Jackson
J. W. Brown
H. Gardner McNabb
Harry A. Belford

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts------$1,093,474.18 Capital stock __________$ 87,500.00
12.42 Surplus fund __________
87,500.00
Overdrafts ____________
U. S. Gov’t obligations_ 1,094,600.00 Undivided p r o fit s ______
94,624.07
Other bonds and
Reserves ______________
3,481.00
securities____________
195,829.74 Total capital
accounts_$ 273,105.07
Furniture and fixtures_____________ 2,4^8.60
Cash and due from banks
690,907.37
Demand deposits_______ 2,136,952.23
Time deposits__________ 454,909.46
U. S. Gov’t deposits___
25,499.29
Public fu n d s ___________
178,986.48
7,779.78
Deposits of b an k s_____
Total dep. __$2,804,127.24
Total _________________ $3,077,232.31

Total _________________ $3,077,232.31

THE PEOPLES BANK, PORTLAND
Population 517. Ashley County
Chartered January 22, 1908. Telephone Number 2961. Transit Number 81-248
Officers
Directors
Victor Edwards____________ President George M. Brown Leroy Naff
Mrs. Mary Dean Pugh.Vice President Victor Edwards
Mary Dean Pugh
J. M. Tharp_________________ Cashier Edwin Gregory
Craig Shackleford
Mrs. Mildred Pamplin— Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 269,957.29
Overdrafts_______
569.82
U. S. Gov’t obligations_ 363,290.00
Furniture and fixtures_
126.51
Cash and due from banks 106,651.31
Other resources__
1.00

JUNE 30, 1955
Liabilities
Capital s t o c k ___________
Surplus fu n d ___________
Undivided p rofits_______
Reserves ______________
Total capital
accounts_$ 106,334.37

25,000.00
50,000.00
27,934.37
3,400.00

Demand deposits_______ 522,377.42
Time deposits____________
67,721.11
Public fu n d s _____________
44,073.03
Total dep. __$ 634,171.56
Total



$ 740,505.93

Total

$ 740,505.93

98

State of Arkansas: Bank Department

PORTLAND BANK, PORTLAND
Population 517.
Chartered April 23, 1900.

Ashley County

Telephone Number 2361.

Officers
Felix Pugh________________ President
R. B. Newcome_____ Vice President
C. E. Larrison______________Cashier
Mack Borgognoni______Asst. Cashier

Transit Number 81-247
Directors

R. B. Newcome
Bob Pugh
Felix Pugh

Gus Pugh
Joe Pugh

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 494,339.28
U. S. Gov’t obligations_ 436,798.44
Other bonds and
securities____________
38,952.00
Furniture and fixtu res_
4,384.42
Banking house ________
1,983.08
1.00
Other real estate_______
Cash and due from banks 318,636.86
Other resources _______
334.33

$1,295,429.41

Total

Liabilities
Capital s t o c k __________ !
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 248,787.76

80,000.00
148,787.76

Demand deposits_______
Time deposits__________
Public fu n d s ___________
Total dep. __$1,046,641.65

897,126.96
124,890.09
24,624.60

Total

20 ,000.00

.$1295,429.41

CITIZENS BANK, POTTSVILLE
Population 224.

Pope County

Chartered August 13, 1913. Telephone Number 2431. Transit Number 81-551
Officers
Morton Rankin____________ President
Kenneth E. Owens___ Vice President
G. C. Owens________________Cashier

Directors
Morton Rankin
Kenneth E. Owens
G. C. Owens

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 106,524.05
Overdrafts_______
24.48
U. S. Gov’t obligations_
67,500.00
Furniture and fixtures_
501.00
Banking house-----1.00
1.00
Other real esta te_
Cash and due from banks
48,643.65
Other resources--200.00

Total

__________________ $ 223,395.18




Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p r o fit s ______
Total capital
accounts_$
40,232.90
Demand deposits________
U. S. Gov’t deposits___
Public funds____________
Total dep. __$ 183,162.28
Total

25,000.00
2,500.00
12,732.90

150,864.25
2,728.61
29,569.42

----------------------------$ 223,395.18

Forty-First Report

99

THE FARMERS AND MERCHANTS BANK, PRAIRIE GROVE
Population 939.

Washington County

Chartered August 29, 1904. Telephone Number 6-1412. Transit Number 81-256
Officers
Directors
D. E. Rieff-------President & Cashier W. H. Bartholomew
D. E. Rieff
Frank Riggall
W. H. Bartholomew__Vice President W. H. Mock
Lorene Jones--------------- Asst. Cashier J. C. Parks
Wilford Thompson_____ Asst. Cashier
STATEMENT* OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 748,355.99 Capital stock
$ 30.000.00
Overdrafts ____________
163.92 Surplus f u n d __________
30,000.00
U. S. Gov’t obligations_ 269,879.00 Undivided profits
_ _ 123,982.49
Other bonds and
Total capital
securities _ _ _
304,890.80
accounts_$ 183,982.49
Furniture and fixtures __
1.00
Banking house
_ _
1,000.00 Demand deposits
1,010,057.61
Cash and due from banks 377,651.79 Time deposits _
424,738.95
Other resources _
813.00 U. S. Gov’t deposits___
9,788.77
Public funds
74,187.68
Total dep. _.$1,518,773.01
Total

$1,702,755.50

Total

$1,702,755.50

BANK OF PRESCOTT, PRESCOTT
Population 3,960. Nevada County
Chartered August 10, 1904. Telephone Number 206. Transit Number 81-140
Officers
Directors
Olen Hendrix______________President
D. K. Bemis
Dr. J. B. Hesterly
W. R. Hambright------Exec. Vice Pres. T. M. Bemis
Dr. A. W. Hudson
Wren Scott____________________ VicePresident
W. R. Hambright Guss McCaskill
Dr. J. B. Hesterly____Vice President C'len Hendrix
Wren Scott
J. A. Yancey________________ Cashier
STATEMENT* OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 854,450.23
Capital stock
$ 100,000.00
Overdrafts ____________
103.72 Surplus fund _ _
150,000.00
U. S. Gov’t obligations_ 1,470,965.53 Undivided profits
81,030.13
Other bonds and
Reserves
1,860.06
securities____________ 736,783.01
Total capital
Furniture and fixtu res_
8,500.00
accounts_$ 332,890.19
Banking house ________
5,500.00
Cash and due from banks 735,751.38 Demand deposits
2 714,119.48
Other resources________
5,279.81 Time deposits
158,271.11
U. S. Gov’t deposits___
158,745.31
Public funds
_ _ 435,663.29
Deposits of banks
17,644.30
Total dep. __$3,484,443.49
Total



$3,817,333.68

Total

$3,817,333.68

100

State of Arkansas: Bank Department

BANK OF QUITMAN, QUITMAN
Population 345.

Cleburne County

Chartered August 15, 1903. Telephone Number 2401. Transit Number 81-424
Officers
Ben F. Clark______________ President
W. H. McNair________Vice President
N. H. Tarver_______________ Cashier
Edith Ellis_____________ Asst. Cashier

J. A. Bailey
Ben F. Clark
Edith Ellis

Directors
W. H. McNair
N. H. Tarver

STATEMENT’ OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 248,513.34 Capital stock ____________
Overdrafts_____________
98.55 Surplus fu n d ___________
U. S. Gov’t obligations_ 315,000.00 Undivided p rofits_______
Total capital
Other bonds and
accounts_$
98,570.88
securities____________
104,123.70
Furniture and fixtu res_
1.00
Banking h o u se _________
1.00 Demand deposits_______
Cash and due from banks 177,406.20 Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 746,570.91
Total

$ 845,141.79

Total

25,000.00
25,000.00
48,570.88

619,013.13
87,671.69
201.35
39,684.74

$ 845,141.79

THE BANK OF RECTOR, RECTOR
Population 1,855. Clay County
Chartered November 15, 1930. Telephone Number 3491. Transit Number 81-173
Officers
Directors
J. C. Hardin______________ President J. C. Hardin
J. A. Marlar
J. A. M a rla r______ Exec. Vice Pres. T. C. Justus
E. M. Purcell
E. M. Purcell_______ Vice President
O. A. Harper_______________Cashier
Berna Nell Gogue____ Asst. Cashier
Mary Lee H i l l _______ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Loans and discounts___ $1,377-618.52 Capital s t o c k __________!
U. S. Gov’t obligations_
80,000.00 Surplus fund __________
Other bonds and
Undivided p r o fit s _____
securities____________
339,864.97 Reserves ______________
Furniture and fixtures —
19,597.04 Total capital
Cash and due from banks 352,647.32
accounts_$ 245,354.65
Resources

50,000.00
75 000.00
31,931.26
88,423.39

Demand deposits_______ 1,351,667.44
Time deposits__________ 350,754.14
U. S. Gov’t deposits___
10,061.87
Public fu n d s ___________
211,889.75
Total dep. __$1,924,373.20
Total



$2,169,727.85

Total

$2,169,727.85

Forty-First Report

101

FARMERS AND MERCHANTS BANK, REYNO
Population 292.

Randolph County

Chartered December 8,1911. Telephone Number 9705-J1. Transit Number 81-427
Officers

Directors

F. E. Belford_____________President
Glenn Brown__________Vice President
Freda M. Brown____________ Cashier
Otistean Ahrent_______ Asst. Cashier
Muriel Stafford_______ Asst. Cashier

F. E. Belford
Freda M. Brown

Glenn Brown

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 335,617.14- Capital stock ___________ $ 25,000.00
5,000.00
212.60 Surplus fu n d ___________
Overdrafts_____________
U. S. Gov’t obligations __ 200,000.00 Undivided p rofits_______
6,203.13
25,000.00
Furniture and fixtures __
7,430.00 Reserves ______________
Banking h ou se_________
900.00 Total capital
accounts_$
Cash and due from banks 173,434.63
61,203.13
Other resources________
1,980.00
Demand deposits_______ 457,692.44
U. S. Gov’t deposits___
2,835.78
Public fu n d s ___________
197,843.02
Total d e p ._$ 658,371.24
Total

_________________ $ 719,574.37

Total

_________________ $ 719,574.37

THE BANK OF RISON, RISON
Population 953. Cleveland County
Chartered March 7, 1932.
Telephone Number 48.
Transit Number 81-428
Officers
Directors
Leon Moore------------------------ President Herman Davidson
Leon Moore
J. E. Goggans________ Vice President J. E. Goggans
J. E. McCoy
Herman Davidson____ Vice P"e=udent James L. Moore
Max M. Smith
& Cashier
May Dell Morrison____ Asst. Cashier
Hazel Smith___________ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 254,616.05 Capital s t o c k __________$ 25,000.00
U. S. Gov’t obligations __ 541,780.61 Surplus fund __________
25 000.00
Other bonds and
Undivided p r o fit s ______
98,795.81
securities ____________
30,426.55 Reserves ______________
16,889.66
Furniture and fixtu res_
2 501.12 Total capital
Banking house ________
5,989.11
accounts_$ 165,685.47
Other real estate_______
9.00
Cash and due from banks 192,831.01 Demand deposits_______ 598.343 65
Other resources _______
1,852.00 Time deposits__________ 156,377.03
Public fu n d s ___________
109,599.30
Total dep.
864,319.98
Total



$1,030,005.45

Total

$1,030,005.45

102

State of Arkansas: Bank Department

THE BANK OF RUSSELLVILLE, RUSSELLVILLE
Population 8,166. Pope County
Chartered December 23, 1897. Telephone Number 16. Transit Number 81-119
D ir p fto r Q
Officers
George S. Neal___________ President
E. C. Bradley
George S. Neal
M. J. Hickey_________ Vice President
M. J. Hickey
Floyd Ragsdale
George H. Neal______ Vice President
A. J. Mathews
C. M. Richmond
Robert H. Parker____________ Cashier George H. Neal
B. J. Roderick--------------- Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts_$1,557,656.34
Capital stock ___________ $ 100,000.00
U. S. Gov’t obligations_ 1,657,584.15
Surplus fu n d ___________
50,000.00
Other bonds and
Undivided p r o fit s ______ 387,324.56
securities______
576,744.65
Total capital
6,207.00
Furniture and fixtu res_
accounts_$ 537,324.56
Banking h o u se __________ 25,000.00
5,366.00
Other real estate_
Demand deposits_______ 2,440,678.85
Cash and due from banks 1,241,340.32 Time deposits__________ 1,645,509.57
Other resources__
929.90
U. S. Gov’t deposits____
145,373.44
Public fu n d s ___________
300,232.34
Deposits of ban k s______
1,709.60
Total d e p ._$4,533,503.80
Total

$5,070 828.36

Total

$5,070 828.36

PEOPLES EXCHANGE BANK, RUSSELLVILLE
Population 8,166. Pope County
Chartered March 24, 1890.
Telephone Number 12.
Transit Number 81-118
Officers
Directors
Donald Barger------------------- President
Donald Barger
Chas. M. Howell
C. E. Lemley------------Vice President I.ee Cheek
I. A. Laws
John T. Little_______________ Cashier G. M. Cook
Hence J.Priddy
Bert Mullens__________Asst. Cashier
Dr. L. Gardner
J. Madison White
Hazel G. Little_______ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $1,471 680.08 Capital s t o c k __________$ 100,000.00
U. S. Gov’t obligations __ 1,837,033.45 Surplus fund __________
20,000.00
Other bonds and
Undivided p r o fit s _____
332,005.51
securities____________
508,888.66 Total capital
accounts_$ 452,005.51
Furniture and fixtures_
23,000.00
Banking h o u se _________
18,000.00
Cash and due from banks 1,445,983.97 Demand deposits_______ 2,910 305.86
Time deposits__________ 1,571,935.25
U. S.Gov’ t deposits___
139,763.74
Public fu n d s ___________
179,069.44
Deposits of ban k s______
51,506.36
Total dep. __$4,852,580.65
Total



$5,304,586.16

Total

$5.304.586'.16

Forty-First Report

103

BANK OF SALEM, SALEM
Population 687. Fulton County
Chartered December 9, 1908. Telephone Number 8. Transit Number 81-430
Officers
Directors
Rex Castleberry__________ President Fay Castleberry
H. J. Humphries
Fay Castleberry_Exec. Vice President Rex Castleberry
Jim Humphries
Lanis Ashley_________ Vice President W.R. Castleberry
H. J. Humphries____ Vice President
Cuthbert Pickren______Vice President
Jim Humphries_____________ Cashier
George Humphries_____ Asst. Cashier
Corwin Mosey_________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 778,812.64
492.09
Overdrafts_____________
U. S. Gov’t obligations_ 237,500.00
Other bonds and
securities____________
50,000.00
Furniture and fixtu res_
600.00
Banking h ou se_________
1.00
Cash and due from banks 354,129.77

Total _________________ $1,421,535.50

JUNE 30, 1955
Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p r o fit s ______
Total capital
accounts_$ 155,807.49

50,000.00
50,000.00
55,807.49

Demand deposits_______ 996,223.74
Time deposits__________
170,245.82
U. S. Gov’t deposits___
19,429.82
Public fu n d s _____________
79,828.63
Total d ep ._$1,265,728.01
Total

_________________ $1,421,535.50

LOGAN COUNTY BANK, SCRANTON
Population 283. Logan County
Chartered April 7, 1926.
Telephone Number 14.
Transit Number 81-686
Officers
Directors
Frank Ahne______________ President Frank Ahne
J. B. Layes
Afton Mitchell________Vice President Frank Drum
Ross Martin
Joe Fritsche-------------------------- Cashier Roy Drum
Afton Mitchell
Joe Fritsche
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 210,738.16 Capital s t o c k _
$ 25,000.00
Overdrafts ____________
199.29 Surplus f u n d ________
15,000.00
U. S. Gov’t obligations — 372,000.00 Undivided profits
49,245.12
Total capital
Other bonds and
securities____________
1,500.00
accounts_$ 89,245.12
Furniture and fixtu res_
1 086.94
Banking house ________
100.00 Demand deposits _ __
545,323.66
Cash and due from banks 122,590.58 Time deposits_
___
30,990.46
Other resources________
1,682.34 U. S. Gov’t deposits___
2,887.50
Public funds _
_
41,450.57
Total dep. __$ 620,652.19
Total



$ 709,897.31

Total

$ 709,897.31

104

State of Arkansas: Bank Department

SECURITY BANK, SEARCY
Population 6,024.

White County

Chartered February 6, 1932. Telephone Number 1283. Transit Number 81-153
Officers
Directors
A. J. Stephens------------------President B. C. Huddleston
M. O'. Thompson
E. 0. Yancey------------ Exec. Vice Pres. Joe S. Pierce
E. M. Twyford
E. M. Twyford_______________ Cashier K. B. Rand
E. O. Yancey
Wilbur Dobbins________ Asst. Cashier J. W.Sanford
Ray A.Yamell
Ralph N. Duncan______ Asst. Cashier A. J. Stephens
Denver Leasure________ Asst. Cashier
Lucille Watson________ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$1,880,469.27
226.45
Overdrafts ____________
U. S. Gov’t obligations_ 555 000.00
Other bonds and
securities______
433,530.40
11,575.00
Furniture and fixtu res_
Banking house ________
3,300.00
Cash and due from banks 1,130,202.37
Other resources__
1,800.00

Total

_________________ $4,016,103.49




Liabilities
Capital s t o c k __________$ 150,000.00
150,000.00
Surplus fu n d __________
Undivided p r o fit s ______ 106,087.41
Reserves ______________
23,057.44
Total capital
accounts-_$ 429,144.85
Demand d eposits_______ 2,619,263.24
204,375.38
U. S. Gov’t deposits___
Public fu n d s ___________
645 903.97
Deposits of banks______ 117,416.05
Total d e p ._$3,586,958.64
Total

_________________ $4,016,103.49

Forty-First Report

105

THE SEARCY BANK, SEARCY
Population 6,024.
Chartered May 1, 1943.

White County

Telephone Number 780.

Officers

E. P. Pyeatt_______________ President
Wayne W. Pyeatt_____Vice President
Frank S. Leavitt______________
_______Vice President & Cashier
Joe T. O’Guinn________ Asst. Cashier
M. P. Pickens__________ Asst. Cashier
Marian Schwarz_______ Asst. Cashier
L. W. Sutherlin________Asst. Cashier

Transit Number 81-154
Directors

Cal Aclin
J. T. Cone
M. M. Garrison
Frank S. Leavitt

J. E. Lightle, Jr.
E. P. Pyeatt
Wayne W. Pyeatt
Hubert Smith

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$2,014,793.92
Overdrafts_______
49.27
U. S. Gov’t obligations_ 1,026,049.94
Other bonds and
securities______
821,208.81
26,481.68
Furniture and fixtu res_
Banking h ou se___
45,712.26
Cash and due from banks 1,157,092.24
Other resources__
272.50

Liabilities
Capital stock ____________ 150,000.00
Surplus fu n d ___________
150,000.00
Undivided p r o fit s _____
146,698.92
Reserves_______________
28,292-77
Total capital
accounts__$ 474,991.69

Total

Total




$5,091,660.62

Demand deposits_______ 3,576,093.51
U. S. Gov’t deposits___
72,249.05
Public fu n d s ___________
922,846.03
Deposits of ban k s______
45,480.34
Total d ep ._$4,616,668.93
$5,091,660.62

106

State of Arkansas: Bank Department

GRANT COUNTY BANK, SHERIDAN
Population 1,893. Grant County
Chartered July 29, 1903. Telephone Number WH 2-2501. Transit Number 81-432
Officers

Directors

J. A. McCoy_______________ President
A. L. Blakely__________Vice President
Coats A. Mitchell____________ Cashier
Mrs. Jessie Lee Mitchell-Asst. Cashier

A. L. Blakely
O. P. Cearley
D. E. McCoy

STATEMENT OF
Resources
Loans and discounts___ $ 344,939.16
U. S. Gov’t obligations_ 777,485.00
Other bonds and
149,374.61
securities____________
Furniture and fixtures_
8,526.57
Banking house ________
28,100.52
Cash and due from banks 356,236.24

JUNE 30, 1955
Liabilities
Capital stock
_ ____$ 50,000.00
50,000.00
Surplus f u n d ________
139,221.85
Undivided profits
16,295.19
___
Reserves _
Total capital
acounts_$ 255,517.04

Total

$1,664,662.10

J. A. McCoy
Coats A. Mitchell

Demand deposits
_ _ 1,186,744.06
93,960.37
Time deposits
16,008.75
U. ,S. Gov’t deposits___
109,302.67
Public funds
__
3,129.21
Deposits of banks _ _
Total d e p ._$1,409,145.06
$1,664,662,10

Total

BANK OF SIDNEY, SIDNEY
Population 120.

Sharp County

Chartered September 23, 1912.
Officers
O. S. Westmoreland_______ President
Thomas A. Bone_______Vice President
R. C. Pounders_______________ Cashier
Atalee C. Pounders____ Asst. Cashier

Transit Number 81-522
Directors
Thomas A. Bone
R. C. Pounders
O. S. Westmoreland

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 12,127.94
Overdrafts_____________
13.78
U. S. Gov’t obligations_ 216,000.00
Furniture and fixtures_
1.00
1.00
Banking h o u se _________
Cash and due from banks
89,519.42

Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p rofits_______
Reserves_______________
Total capital
accounts_$
15,945.00
Demand deposits_______
Public fu n d s ___________
Total dep. __$ 301,718.14

Total



.$ 317,663.14

Total

5.000.
00
7.000.
00
3,767.26
177.74

301,245.51
472.63

$ 317 663.14

Forty-First Report

107

BRATT-WASSON BANK, SILOAM SPRINGS
Population 3,270. Benton County
Chartered April 8, 1932.
Telephone Number 33.
Transit Number 81-706
Officers
Directors
Marion 'Wasson------------------ President Sadie Monroe
Marion Wasson, Jr.
Sadie Monroe------------- Vice President Elsie Sumner
Tom Whiteside
Tom Whiteside__ Vice Pres. & Cashier Marion Wasson
Art Melson_____________Asst.
Cashier
Elsie Sumner___________Asst.
Cashier
Feild Wasson___________Asst.
Cashier
Marion Wasson, Jr_____Asst.
Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 749,921.37 Capital stock
$ 75,000.00
Overdrafts _
774.74 Surplus fund
_ _
25,000.00
U. S. Gov’t obligations __ 2,511,075.00 Undivided profits
19,555.93
Other bonds and
163,097.84
Reserves
securities
350,962.84 Total capital
Furniture and fixtures
23,728.16
accounts._$ 282,653.77
Banking house
10,100.00
3,650,077.23
Cash and due from banks 1,034,686.55 Demand deposits
Other resources
9,438.69 Time deposits
469,842.99
U. S. Gov’t deposits___
116,019.00
Public funds
172,094.36
Total d e p ._$4,408,033.58
Total _ _ _ _

_ _

$4,690,687.35

Total

$4,690,687.35

SMACKOVER STATE BANK, SMACKOVER
Population 2,495. Union County
Chartered April 28, 1928. Telephone No. PArk 5-3051. Transit No. 81-654
Officers
Directors
J. E. Berry________________ President J. E. Berry
Homer T. Rogers
Max A. Mitcham______________
R. N. Manley
L. E. Tennyson, Jr.
___________Exec. Vice President Max A. Mitcham
W. H. White, Jr_____________ Cashier
Audna L. Ward________Asst. Cashier
STATEMENT OF
Resources
Loans and discounts____ 870,496.03
U. S. Gov’t obligations_ 630,977.83
Other bonds and
securities____________
243,831.45
Furniture and fixtu res_
10,757.05
Banking h ou se_________
10,000.00
Cash and due from banks 523,072.75
Other resources________
310.50

JUNE 30, 1955
Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p rofits_______
Reserves_______________
Total capital
accounts_$ 221,548.90

Demand deposits_______ 1,529,243.38
Time deposits__________ 419,191.66
U. S. Gov’t deposits___
43,496.35
Public fu n d s ___________
75,657.83
Total dep. _.$2,067,589.22
Other liabilities________

Total



$2,289,445.61

50,000.00
75,000.00
56,548.90
40,000.00

Total

307.49
$2,289,445.61

108

State of Arkansas: Bank Department

CITIZENS BANK, SMITHVILLE
Population 250.

Lawrence County

Chartered March 23, 1901.
Officers
R. S. Rainwater___________ President
A. M. Starr_________ Vice President
Bonnie Perkins______________ Cashier

Transit Number 81-434
Directors
Webster Perkins
J. M. Raney
R. S. Rainwater
A. M. Starr
Sloan Rainwater, Jr.
Virginia Rainwater
William I. Rainwater

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 122,966.26
Overdrafts
142.93
U. S. Gov’t obligations_ 124,794.50
Other bonds and
securities
166,268.65
1,126.00
Furniture and fixtu res_
Banking house
1.00
Cash and due from banks 172,292.09
Other resources
58.75

Liabilities
Capital stock
_$
Surplus f u n d _
Undivided profits
Total capital
accounts_$ 101.979.09

25 000.00
15,000.00
61,979.09

Demand deposits
Public funds
_ _
Total dep. __$ 485,613.59

425,125.39
60,488.20

Other liabilities
Total

$ 587,650.18

Total

57.50
$ 587,650.18

MERCHANTS AND PLANTERS BANK, SPARKMAN
Population 964.

Dallas County

Chartered September 9, 1916. Telephone Number 15. Transit Number 81-581
Officers
S. B. Horne______________ President
C. E. H a y s ___________________
.Vice President & Cashier

Directors
Garland Gaston
C. E. Hays
John T. Gaston, Sr.
S. B. Horne
P. H. Taylor

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 221,960.89
U. S. Gov’t obligations_ 602,000.00
Other bonds and
securities____________
49,515.73
2,500.00
Furniture and fixtu res_
Cash and due from banks 231,798.05

Total




$1,107,774.67

Liabilities
Capital stock ___________ $
Surplus fu n d ___________
Undivided p r o fit s ______
Total capital
accounts_$
79,751.95

20,000.00
28,JOO.OO
31,751.95

Demand deposits_______
Time deposits__________
Public fu n d s ___________
Total d e p ._$1,028,022.72

925,044.14
38,892.38
64,086.20

Total

$1,107,774.67

Forty-First Report

109

FIRST STATE BANK, SPRINGDALE
Population 5,835.

Washington County

Chartered February 12, 1923.

Transit Number 81-856

Telephone Number PLeasant 1-4681
Officers
Tom Hargis____ Chairman of Board
Shelby R. Ford____________President
J. T. Bain__________Exec. Vice Pres.
Mace D. Howell_______ Vice President
Elmer Johnson________ Vice President
L. E. Johnson_________Vice President
Joe M. Steele__________Vice President
J. S. Watts____________Vice President
R. E. Buck__________________ Cashier
Ruben A. Bryant_____ Asst. Cashier
Alice Sigmon__________Asst. Cashier

J. T. Bain
Shelby R. Ford
C. L. George
Tom Hargis
Elmer Johnson

Directors
L. E. Johnson
Dr. F. Sisco
Joe M. Steele
J. S. Watts
A. P. Wilson

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$2,182,685.90
U. S. Gov’t obligations_ 1,423,556.65
Other bonds and
securities______
527,890.68
Furniture and fixtu res_
16,861.48
Banking house ________
1.00
Cash and due from banks 679,757.75
1 979.10
Other resources _______

Total




$4,832,732.56

Liabilities
Capital s t o c k __________$ 125,000.00
Surplus fund __________
75,000.00
Undivided p r o fit s _____
35,526.97
Reserves _______________
165,963.97
Total capital
accounts_$ 401,490.94
Demand deposits_______ 3,157,768.94
Time deposits__________ 1,062,642.18
U. S. Gov’t deposits___
32,633.83
Public fu n d s ___________
178,196.67
Total d e p ._$4,431,241.62
Total

$4,832,732.56

110

State of Arkansas: Bank Department

BODCAW BANK, STAMPS
Population 2,552.
Chartered December 8, 1902. Telephone
Officers
J. C. Cabe------------------------President
C. C. Russell__________Vice President
E. C. Turner_______________ Cashier
Dorothy Hanson_______Asst. Cashier

Lafayette County
Number 3-4492. Transit Number 81-436
Directors
George F. Baker
Sam Earle
R. T. Boulware
C. C. Russell
J. C. Cabe
A. O. Smith

STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ .$ 820,516.73 Capital s t o c k __________ $ 50,000.00
50 000.00
U. S. Gov’t obligations_ 606,868.75 Surplus fund ____
Undivided profits
232,448.21
Other bonds and
210,918.59 Reserves _ _
23,979.23
securities
_______
11,192.50 Total capital
Furniture and fixtures_
accounts_$ 356,427.44
14,500.00
Banking h o u s e _—
14.00
Other real estate _
Cash and due from banks 371,340.03 Demand deposits _
1,042,571.79
443,646.99
Other resources
____
3,128.85 Time deposits__________
U. S. Gov’t deposits___
15,359.95
Public fu n d s __
_ _ 180,473.28
Total d e p ._$1,682,052.01
Total

$2,038,479.45

Total

_

_ _$2,038,479.45

BANK OF STAR CITY, STAR CITY
Population 1,296. Lincoln County
Chartered April 7, 1925.
Telephone Number 57.
Transit Number 81-437
Officers
Directors
W. R. Alsobrook____ _____ President Dr. H. B. Alsobrook
Clyde E. Fish
Clyde E. Fish________ Vice President W. R. Alsobrook
G. D. Smith
G. D. Smith__________ .Vice President I. A. Chambers
I. A. Chambers______ _______Cashier
Anneta Raley________ —Asst. Cashier
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts------ $ 447 503.51 Capital s t o c k __________!
U.' S. Gov’t obligations__ 255,600.00 Surplus fund __________
Undivided p r o fits ______
Other bonds and
Reserves ______________
securities_______
130,694.23
Furniture and fixtures —
7,250.00 Total capital
accounts_$ 184,947.37
Banking house ________
5,000.00
Cash and due from banks 378,805.46
Demand deposits_______
Time deposits _________
Public fu n d s ___________
Total dep. __$1,039,905.83
Total



$1,224,853.20

Total

50.000. 00
75.000. 00
50,552.97
9,394.40

704,319.95
129 904.79
205,681.09

$1,224,853.20

Forty-First Report

111

THE STEPHENS SECURITY BANK, STEPHENS
Population 1,283. Ouachita County
Chartered February 8, 1946. Telephone Number 3761. Transit Number 81-755
Officers

Directors

Chas. T. Reveley_________ President
James Smith_________ Vice President
Floyd Bryan________________ Cashier
G. C. Pruitt___________Asst. Cashier

Floyd Bryant
Chas. T. Reveley
G. W. Haltom
James Smith
H. G. Hearnsberger Joe J. Wade
G. C. Pruitt
N. S. Yarbrough

STATEMENT OF JUNE 30, 1955
Liabilities

Resources

Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking house ________
Cash and due from banks
Other resources _______

Total

451,556.66
66.10
449,636.99
185,970.24
3,801.90
5,706.63
210,326.61
901.22

_________________ $1,307,966.35

Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 105,325.68

50,000.00
20,000.00
22,384.01
12,941.67

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,202,640.67

945,531.81
138,180.14
45,018.99
73,909-73

Total _________________ $1,307,966.35

CITIZENS BANK, STRONG
Population 839. Union County
Chartered January 19, 1931. Telephone No. SY 7-7361. Transit No. 81-441
Directors

Officers

O. B. Clark_______________ President
J. E. Cooper__________Vice President
B. Finney__________________ Cashier
Mrs. L. K. Robertson_Asst. Cashier

J. C. Burgess
O. B. Clark
J. E. Cooper
B. Finney

C.
C.
E.

H.Lewis
R.Mason
W.Smith

STATEMENT OF JUNE 30, 1955
Liabilities

Resources

Loans and discounts----- : 377,248.42
U. S. Gov’t obligations_ 454,000.00
1,992.00
Furniture and fixtures —
1.00
Banking house -----------1.00
Other real e s ta te ______
Cash and due from banks 198,722.44

Capital s t o c k __________ I
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 160,351.75

25.000. 00
50.000.00
79,985.46
5,366f.29

Demand deposits_______ 740,407.07
Time deposits _________ 95 924.59
U. S. Gov’t deposits___
2,910.14
Public fu n d s _______..___
32,371.31
Total dep. __$ 871,613.11
Total



$1,031,964.86

Total

$1,031,964.86

112

State of Arkansas: Bank Department

THE FARMERS AND MERCHANTS BANK, STUTTGART
Population 7,276.

Arkansas County

Chartered December 29,1944. Telephone No. WAbash 2-1512. Transit No. 81-747
Directors

Officers

G. H. Frazen_____________ President
J. C. Barnett___ Exec. Vice President
R. B. Curtis__________ Vice President
Edgar C. Diggs_____________Cashier
Lela M. Curtis________ Asst. Cashier
Adolph Hubmann______ Asst. Cashier
Artie Seidenschwarz___ Asst. Cashier

J. C. Barnett
R. B. Curtis
G. H. Franzen
Russell McCollum

D. C. McDonald
D. W. Tweedy
Ralph Wilson

STATEMENT OF JUNE 30, 1955
Liabilities
Resources
$ 75,000.00
Loans and discounts----- $1,976,015.45 Capital stock
150,000.00
415.60 Surplus fund
Overdrafts ____________
107,403.38
U. S. Gov’t obligations_ 914,660.50 Undivided profits
Reserves
32,608.10
Other bonds and
516,299.19 Total capital
securities ___________
accounts._$ 365,011.48
Furniture and fixtures-14,108.00
Banking house ________
22,100.00
3,603,494.17
Cash and due from banks 1,289,901.37 Demand deposits
410,400.12
Other resources ______
1 918.45 Time deposits
U. S. Gov’t deposits___
140,597.42
Public funds
215,915.37
Total dep._$4,370,407.08
$4,735,418.56

Total

Total

$4,735,418.56

CITIZENS BANK, TILLAR
Population 239. Drew County
Chartered July 28, 1913. Telephone Number 2-2571. Transit Number 81-446
Officers

Directors

V. C. Harrell_____________ President
C. H. Kimbro_______ Vice President
J. H. Kimbro_______________ Cashier

V. C. Harrell
C. H. Kimbro

J. H. Kimbro
B. C. Prewitt

STATEMENT OF JUNE 30, 1955
Liabilities
Loans and discounts___ ! 120,942.10 Capital stock __________$ 25,000.00
3.69 Surplus fund __________
50,000.00
Overdrafts ____________
U. S. Gov’t obligations— 134,743.33 Undivided p r o fit s ______
12,121.41
Total capital
Other bonds and
60,774.80
accounts_$ 87,121.41
securities ----------------1.00
---------------Furniture and fixtu res_
1.00 Demand deposits_______
254,389.60
Banking house ________
26 949.32
Cash and due from banks 135,440.72 Time deposits _________
Other resources _______
555.94 U. S. Gov’t deposits____
15,586.38
Public fu n d s ___________
68,415.87
Total dep. __$ 365,341.17
Resources

Total



$ 452,462.58

Total

$ 452,462.58

Forty-First Report

113

BANK OF TRUMANN, TRUMANN
Population 3,744. Poinsett County
Chartered October 26, 1911. Telephone Number 7.
Transit Number 81-488
Officers
Directors
M. T. Byrn_______________ President M. T. Byrn
Norris C. Taylor
George B. Cash______Vice President George B. Cash
R. H. Taylor
Earl Yarbrough_Vice Pres. & Cashier J. F. Lady
Earl Yarbrough
Clyde Robertson, Jr._Asst. Cashier Clyde Robertson, Jr.
Eugene Pounds________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital s t o c k __________$ 108,000.00
Loans and discounts_$1,445,409.93
130,000.00
U. S. Gov’t obligations_ 177,945.31 Surplus fund __________
Undivided p r o fits ______
48,998.55
Other bonds and
71,000.00 Reserves ______________
11,135.38
securities ___________
Furniture and fixtu res_
3,400.00 Total capital
accounts_$ 290,133.93
11,600.00
Banking house ________
Cash and due from banks 1,155 935.07
Demand deposits_______ 1,895,698.04
Time deposits _________ 516,927.05
U. S. Gov’t deposits___
16,800.00
Public fu n d s ___________
145,731.29
Total d e p ._$2 575,156.38
Total

$2,865,290.31

Total _________________ $2,865,290.31

BANK OF TUCKERMAN, TUCKERMAN
Population 1,253. Jackson County
Chartered November 8, 1902. Telephone Number 1. Transit Number 81-448
Officers
Directors
F. L. Penix______________ President O. B. Armstrong
J. L. Parrott
O. B. Armstrong____ Vice President C. E. Harrison
F. L. Penix
Van Smith
R. O. Norris________ Vice President R. O. Norris
Van SJmith_________________ Cashier
Cornelius Adcox______ Asst. Cashier
Walter McDaniel_____ Asst. Cashier
Calvin W. Whitlow____Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts___ $ 967,324.47 Capital s t o c k __________ $ 35,000.00
35,000.00
U. S. Gov’t obligations_ 359,693.85 Surplus f u n d __________
Undivided p r o f it s ______
72,301.79
Other bonds and
securities ___________
18,125.00 Total capital
accounts_$ 142 301.79
Furniture and fixtures_
8,203.91
Banking house ________
2,500.00
Cash and due from banks 291,829.07 Demand deposits_______ 1,246,870.37
112,216.90
Other resources _______
150.00 Time d ep osits_________
U. S. Gov’t deposits___
2,555.90
Public fu n d s ___________
121,301.69
Deposits of b a n k s______
22,579.65
Total dep. __$1,505,524.51
Total __________________ $1,647,826.30



Total

__________________ $1,647,826.30

114

State of Arkansas: Bank Department

TYRONZA BANK, TYRONZA
Population 656.

Poinsett County

Chartered October 1, 1951. Telephone Number 3121. Transit Number 81-770
Officers
R. A. Lynch_______________ President
D. F. Wylie_________Vice President
Ernestine Sanders___________Cashier

Directors
C. M. Beley
H. F. Norcross
John H. Emrich
D. F. Wylie
R. A. Lynch

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 429,231.22
49,928.13
U. S. Gov’t obligations_
Other bonds and
_____
13,892.16
securities
_
4 061.15
Furniture and fixtures_
787.30
Banking house _
Cash and due from banks 222,864.58

Liabilities
Capital stock _
$
Surplus fund
Undivided profits
Reserves
_ _
Total capital
accounts_$ 92,269.50
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep._$ 628,495.04

Total

_

$ 720,764.54

Total

__ ____

50,000.00
15,000.00
25,126.64
2,142.86

384,665.80
140,969.26
12,807.76
90,052.22

$ 720,764.54

CITIZENS BANK AND TRUST COMPANY, VAN BUREN
Population 6,413. Crawford County
Chartered December 20, 1910. Telephone Number 5. Transit Number 81-101
Directors
Officers
Basil M. Moody___________ President Raymond C. Allen
Raymond C. Allen___ Vice President Lonnie Batchelor Dr. M. J. Graham
J. Duane Brewer___________ Cashier Bobby Geliy
Joe C. McKinney
Ruth C. Moody________Asst. Cashier Robert W. Geliy Basil M. Moody
STATEMENT OF JUNE 30, 1955
Resources
Liabilities
Loans and discounts___ $ 265,688.61 Capital s t o c k __________$ 50,000.00
U. S. Gov’t obligations_ 1,296,000.00 Surplus fund __________
50,000.00
Other bonds and
Undivided p r o fit s ______ 145,319.62
securities ___________ 359,541.71 Reserves ______________
481.79
Banking house ________
20,114.01 Total capital
Other real e s ta te ______
1.00
accounts_$ 245,801.41
Cash and due from banks 447,601.81
Demand deposits_______ 1,504,269.14
Time deposits _________ 387 976.69
U. S. Gov’t deposits___
40,446.56
Public fu n d s ___________ 210,453.34
Total dep. __$2,143,145.73
Total



$2,388,947.14

Total

$2,388,947.14

Forty-First Report

115

PEOPLES BANK AND TRUST COMPANY, VAN BUREN
Population 6,413.

Crawford County-

Chartered August 12, 1933. Telephone Number 208.
Officers
J. J. Izard________________President
C. E. Izard___________Vice President
Steward Condren____________ Cashier

Transit Number 81-100

Directors
Stewart Condren
J. J. Izard
Carl Creekmore
Dell Miller
C. J. Franklin, Jr.
Wylie B. Smith
C. E.Izard

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking hou se_________
Cash and due from banks

Total

343,001.22
1,227.22
966,500.00
410,079.50
9,539.90
10,272.19
435,651.49

$2,176,271.52

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fits ______
Total capital
accounts_$ 157,787.71

50,000.00
50,000.00
57,787.71

Demand deposits_______ 1,424,606.83
Time deposits__________
412,948.26
13,290.97
U. S. Gov’t deposits___
Public fu n d s___________
167,637.75
Total dep. __$2,018,483.81
Total

$2,176,271.52

BANK OF WALDO, WALDO
Population 1,491.

Columbia County

Chartered September 2, 1899. Telephone Number 2274. Transit Number 81-265
Officers
J. Thurston Howell________President
W. S. McKissack____ Vice President
Mary H. Martin_____________ Cashier

Directors
J. Thurston Howell
W. S. McKissack
Mrs. J. Thurston Howell

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 191,556.85
U. S. Gov’t obl'gations_ 360,695.00
Other bonds and
securities
__________
61,306.42
Furniture and fixtures_
10.00
Banking h ou se_________
10.00
Cash and due from banks 141,433.75
Other resources________
700.00

Liabilities
Capital s to c k __________$
Surplus f u n d __________
Undivided p r o fits ______
Reserves ______________
Total capital
accounts_$ 68,795.69

Total

Total




.$ 755,712.02

25,000.00
25,000.00
16,003.36
2,792.33

Demand deposits_______ 554,202.85
Time deposits____________
74,770.94
U. S. Gov’t deposits___
11,931.05
Public fu n d s _____________
46,011.49
Total dep. __$ 686,916.33
.$ 755,712.02

116

State of Arkansas: Bank Department

THE PEOPLES BANK, WALDO
Population 1,491.
Chartered June 22, 1910.

Columbia County

Telephone Number 3011.

Officers
H. A. Fincher___________ President
J. E. O’Daniel________Vice President
H. H. Fincher_______________ Cashier
R. P. Clark____________Asst. Cashier
M. M. Fincher_________Asst. Cashier

E. F. Fincher
G. L. Fincher
H. A. Fincher
H. H. Fincher

Transit Number 81-266
Directors
M. M. Fincher
W. 0. Fincher
J. E. O’Daniel

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 743,293.38
U. S. Gov’t obligations_
18,000.00
Other bonds and
securities____________
113,955.18
Furniture and fixtures_
1.00
Banking h ou se _________
1.00
Other real estate_______
1.00
Cash and due from banks 156,633.51

$1,031,885.07

Total

Liabilities
Capital s t o c k ____ _____$
Surplus f u n d _- ____
Undivided profits
Total capital
accounts_$ 96,701.84
Demand deposits
Time deposits_
_____
U. S. Gov’t deposits___
Public funds _
Total dep. __$ 935,183.23

25,000.00
50,000.00
21,701.84

626,884.21
216,690.84
6,956.44
84,651.74

$1,031,885.07

Total

BANK OF WALDRON, WALDRON
Population 1,292.
Chartered April 3, 1901.

Scott County

Telephone Number 41.

Officers
Gene Davidson_______ Vice President
M. C. Bird___________ Vice President
Claud W. Harrison__________Cashier
Mollie E. Center_____ Asst. Cashier
O. K. Goodner_______ Asst. Cashier

Transit Number 81-239

Directors
W. A. Bates
Wm. Knox Dozier
M. C. Bird
W. J. Echols
Mollie E. Center
Claud W. Harrison
Gene Davidson
John P. Woods

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

Total



491,014.96
379.46
942,025.00
374,781.06
3,000.00
5,000.00
836,933.10
36,900.00

$2,690,033.58

Liabilities
Capital s t o c k __________$ 50,000.00
100,000.00
Surplus f u n d __________
Undivided p r o fits ______
49,061.17
Total capital
accounts__$ 199,061.17
Demand deposits_______ 1,514,264.27
Time deposits__________
775,481.36
U. S. Gov’t deposits___
17,445.34
Public fu n d s___________
183,781.44
Total dep. __$2,490,972.41
Total

$2,690,033.58

Forty-First Report

117

MERCHANTS AND PLANTERS BANK, WARREN
Population 2 615.
Chartered March 15, 1890.

Bradley County

Telephone Number 20.

Officers
Carl Hollis________________ President
G. B. Colvin_________ Vice President
A. L. Moody_________ Vice President
C. F. Sisco__________________ Cashier
Mrs. Helen N. Harris__ Asst. Cashier
Lois Goss______________ Asst. Cashier

Transit Number 81-159
Directors

G. R. Blankinship
G. B. Colvin
Carl Hollis
Laurence Hurley
A. L. Moody
Charles E. Owens

J. C. Thompson
W. R. Warner
Albert T. Weiss
H. Sidney Wharton
O. W. Wheless

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$1,198,282.54
Overdrafts ____________
364.72
U. S. Gov’t obligations_ 813,771.88
Other bonds and
securities______
600,371.20
13,837.04
Furniture and fixtures_
Banking house___
27,167.12
Cash and due from banks 893,550.44
Other resources__
6,153.42

Liabilities
Capital s to c k __________$ 100,000.00
Surplus f u n d __________
100,000.00
Undivided p r o fit s ______ 105,666.00
12,073.03
Reserves ______________
Total capital
accounts_$ 317,739.03

Total

Total

__________________ $3,553,498.36




Demand deposits_______ 1,989,500.85
Time deposits__________ 807,149.61
U. S. Gov’t deposits___
110,059.52
325,629.30
Public, fu n d s ___________
Deposits of ban k s_____
3,420.05
Total dep._ _$3,235,759.33
__________________ $3,553,498.36

118

State of Arkansas: Bank Department

WARREN BANK, WARREN
Population 2,615.

Bradley County

Chartered December 28, 1901. Telephone Number 88. Transit Number 81-160
Officers
John T. Ederington________ President
M. C. Singer___ Exec. Vice President
J. B. Frazier__________ Vice President
Louis W. Ederington.-Vice President
G. C. Sangster______________ Cashier
Katie R. Campbell_____ Asst. Cashier
M. S. Thompson_______ Asst. Cashier

Directors
L. H. Derby
J. R. Gannaway
John T. Ederington F. Martin Hankins
L. W. Ederington S. B. Meek, Jr.
J. B. Frazer
M. C. Singer

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts_$1,677,731.10
Overdrafts ____________
644.06
U. S. Gov’t obligations_ 790,645.50
Other bonds and
securities______
388,260.53
Furniture and fixtures_
5,388.53
Banking h ou se___
10,934.20
1.00
Other real estate_
Cash and due from banks 942,469.34
Other resources__
897.40

Liabilities
Capital s t o c k __________$ 75,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fits ______
61,330.04
138,245.50
Reserves ______________
Total capital
accounts_$ 424,575.54

Total _________________ $3,816,971.66

Total _________________ $3,816,971.66




Demand deposits_______ 2,037,137.22
949,262.32
Time deposits__________
U. S. Gov’t deposits___
78,861.03
Public fu n d s ___ ._______ 327,135.55
Total dep. __$3,392,396.12

Forty-First Report

119

BANK OF WEINER, WEINER
Population 644. Poinsett County
Chartered April 2, 1909.
Telephone Number 22.
Transit Number 81-456
O ffic e rs .

E. E. Hogue_______________President
H. E. Winters________ Vice President
R. A. Ziegenhorn_____ Vice President
John Hogue_________________ Cashier

D irectors

E. E. Hogue
Malcolm C. Hogue
Marcus Hogue
F. R. Huber

Jessie Johnston
H. E. Winters
R. A. Ziegenhorn

STATEMENT OF JUNE 30, 1955
Resources

Liabilities

Loans and discounts___ $ 405,466.74
2,979.43
Overdrafts _______
U. S. Gov’t obligations_ 856,200.00
Other bonds and
securities______
83,000.00
Furniture and fixtures_
8,000.00
1,500.00
Banking hou se___
Cash and due from banks 428,923.58
Other resources__
2,521.93

Capital s t o c k __________$
Surplus f u n d __ r______
Undivided p r o fits ______
Reserves ______________
Total capital
accounts_$ 149,806.90

Total

Total _________________ $1,788,591.68

$1,788,591.68

25,000.00
75,000.00
36,516.93
13,289.97

Demand deposits_______ 1,475,882.15
62,546.79
Time deposits__________
U. S. Gov’t deposits___
11,356.59
52,479.95
Public fu n d s ___________
Deposits of banks______
36,519.30
Total dep. __$1,638,784.78

MERCHANTS AND FARMERS BANK, WEST HELENA
Population 6,107. Phillips County
Chartered October 4, 1948.
Telephone No. HI 5-3481.
Transit No. 81-763
O fficers

Fulton Simpson___________President
V. D. Simmons____ Exec. Vice Pres.
S. H. Hurst___________Vice President
Roy B. Warren_____________ Cashier
Helen Back------------------Asst. Cashier
Ella Lewey____________Asst. Cashier

D irectors

James P. Baker
C. L. Harris
S. H. Hurst
E. F. Kalb

.J. L. Linder
Jesse Porter
V. D. Simmons
Fulton Simpson

STATEMENT OF JUNE 30, 1955
Liabilities.

Resources

Capital s to c k __________ $ 50,000.00
Loans and discounts____$1,152,053.43
Surplus f u n d __________
70,000.00
Overdrafts ____________
425.02
Undivided p r o fit s ______
2,835.57
U. S. Gov’t obligations_____________ 318,886.72
Total capital
Other bonds and
accounts_$ 122,835.57
securities___ .________ 102,727.41
Furniture and fixtures_
1.00
Demand deposits_______ 931,717.67
Cash and due from banks 273,589.73
Time deposits__________ 476,291.09
U. S. Gov’t deposits___
4,435.73
Public fu n d s___________ 297,535.23
Total dep. _.$1,709,979.72
Other liabilities________
Total



$1,847,683.31

Total

14,868.02
$1,847,683.31

120

State of, Arkansas: Bank Department

BANK OF WEST MEMPHIS, WEST MEMPHIS
Population 9,112. Crittenden County
Chartered April 21, 1928.
Telephone Number 310.
Transit Number 81-695
Directors
Officers
Kendall Berry
Jack W. Rich______________ President
B. J. Lambert, Jr.
H. R. Dabbs
B. J. Lambert, Jr____ Exec. Vice Pres.
Jack W. Rich
B. G. Dickey
B. G. Dickey__________Vice President
J. H. Spears
W. K. Ingram
Taylor Claiborne____________ Cashier
O. S. Woollard
Ruth Manchester______ Asst. Cashier
Kathleen Yokley______ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital s t o c k __________$ 250,000.00
Loans and discounts_$1,409,536.30
U. S. Gov’t obligations_ 764,200.00
250,000.00
Surplus f u n d __________
Undivided p r o fit s ______ 102,250.93
Other bonds and
securities______
Total capital
804,895.30
accounts_$ 602,250.93
47,289.48
Furniture and fixtu res_
Cash and due from banks 1,872,323.78
Demand deposits_______ 2,992,419.47
Time deposits__________ 492,466.77
U. S. Gov’t deposits___
97,122.07
713,985.62
Public fu n d s ___________
Total dep. __$4,295,993.93
Total

$4,898,244.86

Total

$4,898,244.86

MERCHANTS AND PLANTERS BANK, WEST MEMPHIS
Population 9 112. Crittenden County
Chartered August 5, 1941. Telephone Number 250. Transit Number 81-743
Officers
Directors
J. F. Wheeler______________ President
W. L. Barbour, JrLawrence P. Primm
W. L. Barbour, Jr._Exec. Vice Pres.
J. W. Farris
J. F. Wheeler
Roy Strong_________________ Cashier H. F. Ohlendorf
Ruby Bledsoe__________Asst. Cashier
Mary Lynn Goe_______ Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Capital s t o c k __________$ 50,000.00
Loans and discounts_$1,693,401.17
Surplus f u n d __________
100,000.00
Overdrafts ____________
194.97
85,662.41
U. S. Gov’t obligations_ 696,970.14 Undivided p r o fit s ______
Total capital
Other bonds and
accounts_$ 235,662.41
securities______
215,220.86
Furniture and fixtures_
14,722.61
Demand deposits_______ 2,935,606.07
Banking h ou se___
49,000.00
Time deposits__________
442,972.81
Cash and due from banks 1,379,684.56
U. S. Gov’t deposits___
39,816.13
Other resources__
1,349.89
Public fu n d s ___________
389,989.30
TotaL d e p ._$3,808,384.31
Other liabilities________
Total __________________ $4,050,544.20



6,497.48

Total __________________ $4,050,544.20

Forty-First Report

121

RICE GROWERS BANK, WHEATLEY
Population 406.
Chartered September 27, 1909.

St. Francis County

Telephone 771.

Officers
H. K. Smith, Jr-------------- President
Robert Carvell_Vice Pres. & Cashier
Mrs. A. H. Williams___ Asst. Cashier

Transit Number 81-458

Robert Carvell
Mayme Lyon

Directors
H. K. Smith, Jr.

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 696,288.23
U. S. Gov’t obligations_ 223,860.00
Other bonds and
securities____________
29,450.00
Banking hou se_________
1.00
Cash and due from banks 273,621.18

Liabilities
Capital s to c k __________$ 25,000.00
25,000.00
Surplus f u n d __________
Undivided p r o fit s ______ 121,956.16
Total capital
accounts_$ 171,956.16
Demand deposits_______
Time deposits__________
Public fu n d s ___________
Total dep. _ .$1,051,264.25

Total

$1,223,220.41

Total

887,553.98
82,717.73
80,992.54

$1,223,220.41

WILMOT STATE BANK, WILMOT
Population 712.
Chartered October 25, 1937.

Ashley County

Telephone No. 3671.

Officers
Wm. B. de Yampert________ President
M. C. Crandall________Vice President
N. R. Kirkwood_Vice Pres. & Cashier

Transit Number 81-738

Directors
M. C. Crandall
N. R. Kirkwood
Wm. B. de Yampert J. B. Shackelford
E. H. Dunning
G. B. Stovall

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $ 497,690.79
U. S. Gov’t obligations_ 184,818.00
4,368.37
Furniture and fixtu res_
Banking house ________
2,624.00
Cash and due from banks 246,974.29

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 112,535.17
Demand deposits ______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total d e p ._$ 823,940.28

Total




$ 936,475.45

Total

25,000.00
75,000.00
12,535.17

663,424.88
26,500.00
7,453.15
126,562.25

$ 936,475.45

122

State of Arkansas: Bank Department

BANK OF WILSON* WILSON
Population 1,301. Mississippi CountyChartered October 3, 1908. Telephone Number 3251. Transit Number 81-462
Officers
Directors
R. E. L. Wilson, III_Chairman of Board J. H. Crain
R. H. Robinson
C. L. Denton, Jr. R. E. L. Wilson, Jr.
Benton Garrett____________President
C. J. Lowrance, Jr____ Vice President
Benton Garrett
R. E. L. Wilson, III
J. B. Gwyn__________________ Cashier
C. J. Lowrance, Jr.
Lillian McMath_________Asst. Cashier
Ruth Stoffle___________ Asst. Cashier
Gatha Watson__________Asst. Cashier
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts_$1,253,110.52
Capital s t o c k __________$
6.47
Overdrafts_______
Surplus fu n d ___________
U. S. Gov’t obligations_
90,484.14 Undivided p r o fit s ______
Reserves_______________
Other bonds and
Total capital
securities______
305,907.80
accounts_$ 462,027.27
Furniture and fixtu res_
5,461.58
55,000.00
Banking h o u se ___
Cash and due from banks 481,110.59 Demand deposits ______
8,668.65
Other resources__
Time deposits__________
U. S. Gov’t deposits___
Public funds __________
Deposits of b an k s______
Total dep.__$l,737,722.48
Total

^$2,199,749.75

Total

100,000.00
300,000.00
60,218.70
1,808.57

958,285.77
402,318.54
1,497.50
346,492.45
29,128.22

$2,199,749.75

CROSS COUNTY BANK, WYNNE
Population 4,142. Cross County
Chartered June 5, 1891.
Telephone Number 46.
Transit Number 81-151
Officers
Directors
Dave Block_______President
H. K. Barwick, Jr. J. H. Johnston, Jr.
J. W. Lipscomb_Exec. Vice
President Dave Block
J. W. Lipscomb
H. K. Barwick_______ Vice President David Drexler
W. W. Shaver, Jr.
Wallace Eldridge____________ Cashier J. C. Hilliard
H. Steinberg
STATEMENT OF JUNE 30, 1955
Liabilities
Resources
Loans and discounts___ $1,135,142.13 Capital s t o c k __________$ 50,000.00
Overdrafts____________
166.70 Surplus fund __________ 100,000.00
U. S. Gov’t obligations_ 313,500.00 Undivided p r o fit s ______ 129,462.13
Other bonds and
Total capital
accounts_$ 279,462.13
securities-----------------329,652.75
Furniture and fixtures_
1,000.00
Banking h o u se _________
25,000.00 Demand deposits_______ 1,771,967.80
Cash and due from banks 626,572.43 Time deposits__________
195,538.88
U. S. Gov’t deposits____
18,712.42
Public funds __________
165,352.78
Total dep.__$2,151,571.88
Total



$2,431,034.01

Total

$2,431,034.01

Forty-First Report

123

THE BANK OF YELLVILLE, YELLVILLE
Population 697.

Marion County-

Chartered December 13, 1945. Telephone Number 2501. Transit Number 81-753
Officers
Park Gaines---------------------- President
Lon W. Berry________ Vice President
H. A. Burnes________Vice President
Bernice Berry_______________ Cashier
Wynona Willingham___ Asst. Cashier

Bernice Berry
Lon W. Berry
H. A. Burnes

Directors
Park Gaines
Wyona Willingham

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

367,390.76
76.34
370,921.88
115,289.00
1,000.00
153,465.17

Total _________________ $1,008,143.16




Liabilities
Capital stock --------------- $
Surplus fund
Undivided profits
Total capital
accounts_$ 131,751.96
Demand deposits
Public funds _
Total d e p ._$ 876,391.19

25,000.00
85,000.00
21,751.96

697,449.44
178,941.75

Total _______ ___ ______ $1,008,143.15

124

State of Arkansas: Bank Department

CONSOLIDATED STATEMENT OF CONDITION OF THE
THREE COOPERATIVE EXCHANGES OPERATING
IN ARKANSAS AS OF JUNE 30, 1955
Resources

Loans and discounts__________________________________ $
6,104.34
U. S. Government obligations ________________________
42,885.62
Furniture and fix tu res________________________________
175.00
Cash and due from b an k s_____________________________
115,460.92
Other resources ______________________________________
501.00
Total Resources _______________________________ ___$ 165,126.88
Liabilities
Capital stock ________________________________________ $
5,380.00
Surplus and undivided p r o fits -------------------------------------5,649.89
Deposits _____________________________________________
150,596.99
Other liabilities ______________________________________
3,500.00
Total Liabilities _________________________________ $ 165,126.88




Forty-First Report

125

THE FIRST. COMPANY, BLACK ROCK
Population 662.

Lawrence County

Telephone Number TR 8-6351
Officers
J. F. Sloan_______________ President
Dr. E. J. Cruse______Vice President
Joseph B. Smith_Manager & Cashier

Directors
Dr. E. J. Cruse
J. F. Sloan
J. E. Krone
C. H. Smith
J. H. Meyers

STATEMENT OF JUNE 30, 1955
Resources
Cash and due from banks
Other resources ________

Total

.$

4,888.32
501.00

Liabilities
Captial s t o c k __________ !
Undivided p r o fit s _____
Total capital
accounts_$
5,389.32

2,480.00
2,909.32

5,389.32

Total

5,389.32

$

THE HARDY EXCHANGE, HARDY
Population 599.

Sharp County

Telephone Number 2264
Officers
Claude Finch_____________ President
R. A. Jackson________Viee President
T. W. Walker_______________ Cashier

Paul Downs
Claude Finch

Directors
R. A. Jackson
T. W. Walker

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ !
U. S. Gov’t obligations_
Furniture and fixtures_
Cash and due from banks

Total




$

2,808.00
18,541.00
175.00
46,840.91

68 364.91

Liabilities
Capital s t o c k __________ $
Undivided p r o fit s _______
Total capital
accounts_$
5,037.14

2,500.00
2,537.14

Demand deposits ______
Public funds __________
Total dep.
63,327.77

59,163.86
4,163.91

Total

68,364.91

.$

126

State of Arkansas: Bank Department

WILMAR EXCHANGE COMPANY, WILMAR
Population 746.

Drew County

Telephone Number 39
Officers
E. A. Oslin------------------------President
Louin McKinstry___ Vice President
R. A. McKinstry____________Cashier
Mrs. R. A. McKinstry^.Asst. Cashier

D irectors

James Daniel
Louin McKinstry
R. A. McKinstry

E. A. Oslin
C. T. Sims

STATEMENT OF JUNE 30, 1955
Resources
Loans and discounts___ $
U. S. Gov't obligations_
Cash and due from banks

3,296.34
24,344.62
63,731.69

Liabilities
Capital stock _
_$
Undivided profits
Total capital
accounts_$
603.43
Demand deposits_______
Public fu n d s __
Total d e p ._$ 87 269.22

__

__




_$

91,372.65

Total

_

81,635.57
5,633.65
3,500.00

Other liabilities
Total

400.00
203.43

_$

91,372.65

Forty-First Report

REPORT
OF
BUILDING AND LOAN DIVISION
AND
SECURITIES DIVISION




127

128

State of Arkansas: Bank Department

BUILDING AND LOAN DIVISION
December 31, 1954

Statement of nine active state chartered Building and Loan
Associations, compiled from annual reports rendered the Arkansas
State Bank Department as of December 31, 1954.
List of four voluntary liquidating Building and Loan Associa­
tions as of December 31, 1954.
Three chartered inactive Associations are:
First State Savings and Loan Association
Harrison, Arkansas
Charter dated May 28, 1954
Dixie Savings and Loan Association
W est Memphis, Arkansas
Charter dated June 2, 1953
First State Savings and Loan Association
W est Memphis, Arkansas
Charter dated January 5, 1953




Forty-First Report

129

COMBINED STATEMENT OF THE NINE ACTIVE STATE CHARTERED
BUILDING AND LOAN ASSOCIATIONS
AS OF DECEMBER 31, 1954
Assets
Real Estate Loans -----------------------------------------------------------------$15,148,594.94
Share Loans -----------------------------------------------------------------------91,535.91
637,959.38
United States Government Obligations ______________________
Other Securities_____________________________________________
283,801.00
Cash on Hand and in Banks____________________________
1,195,776.72
Other A s s e ts ------------------------------------------------------------------------16 436.52
Furniture and Fixtures -------------------------------------------------------17,123.13
822.87
Contracts of Sale ___________________________________________
Office Buildings ____________________________________________
12,314.61
Total Assets _____________________________________________$17,404,365.08
Liabilities
Shares ______________________________________________________ $14,945,627.56
Other Liabilities ____________________________________________
317,446.41
R eserves_____________________________________________________ 1,149,328.73
Undivided Profits ___________________________________________
336,776.90
Advances from Federal Home Loan B a n k ____________________
464,750.00
Dividends P ayable___________________________________________
12,623.74
Loans in P rocess____________________________________________
78,457.89
Notes Payable _______________________________________________
27,353.85
72,000.00
Permanent Guaranty S to ck ______ ,-----------------------------------------Total Liabilities_________________________________________ $17,404,365.08




130

State of Arkansas: Bank Department

SECURITY SAYINGS AND LOAN ASSOCIATION
CAMDEN, OUACHITA COUNTY, ARKANSAS
December 31, 1954
Officers

Directors

D. W. Harrell-------------------President
Howard East__________Vice President
C. W. Harris-------Secretary-Treasurer
Bernice Barner_______ Ass’t-Secretary

D. W. Harrell
Howard East
C. W. Harris
J. A. Wamack
L. E. Tennyson

James M. Rowan, Jr.
C. W. Parker
W. E. Hussman
Jack Carnes

Liabilities

Assets
Real estate lo a n s _____ $
Other securities________
Cash on hand and
in banks -----------------Other a ssets___________

59,911.15
500.00

Shares ________________ $ 113,037.41
Reserves ______________
339.18
Other liabilities________
29.60

52,589.42
405.62

$ 113,406.19

$ 113,496.19

FAYETTEVILLE BUILDING AND LOAN ASSOCIATION
FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS
December 31, 1954
Officers

Directors

W. P. McNair, Jr_________ President
H. L. Pearson___ Vice Pres. & Atty.
David McNair__ Secretary-Treasurer
Maxine Atha Ass’t-Sec. & Ass’t-Treas.

David McNa'r
W. P. McNair
Roy A. Adams
Jerome McRoy

H. L. Pearson
W. C. Smith
F. Fenner Stice

Liabilities

Assets

Real estate lo a n s ______$3,666*848.22 Shares ________________ $3,885,604.38
260,044.91
U. S. Gov’t obligations_____________ 160,000.00
Reserves ______________
Other securities________
79,900.00
Undivided p r o fits __________________ 20,787.64
Cash on hand and
76,681.95
Other liabilities________
in banks ____________
336,368.66
Furniture and fixtures______________1.00
Other a ss e ts ___________
1.00




$4,243,118.88

$4,243,118.88

Forty-First Report

131

FORREST CITY SAYINGS AND LOAN ASSOCIATION
FORREST CITY, ST. FRANCIS COUNTY, ARKANSAS
December 31, 1954
Officers
Ed
W.
A.
C.

Directors

Ash----------------------------- President
E. Stevens_______ Vice President
L. Harris________ Vice President
W. Norton_____________ Secretary

Ed Ash
John C. Bowen
W. E. Stevens

A. L. Harris
W. J. Clanton
C. W. Norton

Assets

Liabilities

Real estate lo a n s ______$ 695,380.31
Share loans ___________
8,877.25
U. S. Gov’t obligations __
15,000.00
Other securities________
32,000.00
Cash on hand and
in banks ____________
62,734.02
1,114.55
Furniture and fixtures_
Other assets___________
785.71

Shares ________________ $ 750,055.62
Dividends payable_____
12,623.74
Reserves ______________
31,495.46
Undivided p r o fits ______
21,604.52
112.50
Other liabilities________

$ 815,891.84

815,891.84

UNITED BUILDING AND LOAN ASSOCIATION
FORT SMITH, SEBASTIAN COUNTY, ARKANSAS
December 31, 1954
Officers

Directors

F. W. Dyke_______________ President
C. C. Davis___________Vice President
R. A. DeLong___ Secretary-Treasurer
Heartsill Ragon____________ Attorney

W. V. Boatright Dr. Ralph Crigler
R. B. Cutting
F. W. Dyke
C. C. Davis
R. J. Ross
R. A. DeLong
R. A. Young
A. R. Noe
Nathaniel Dyke, Jr.
Roy L. Bilheimer, Jr.

Assets

Liabilities

Real estate lo a n s _____ $5,750,339.76
Share loans ___________
26,852.84
U. S. Gov’t obligations __ 314,759.38
94,100.00
Other securities________
Furniture and fixtures_
9,841.37
Cash on hand and
in banks ____________ 482,000.79
Other a ssets___________
2,676.12

Shares ________________ $5,765,484.03
Advances from FHL bank 375,000,00
Loans in p rocess_______
31,914.09
Reserves ______________ ' 381,728.61
Undivided p r o fits ______
31,786.99
94,656.54
Other liabilities________

$6,680,570.26

$6,680,570.26




132

State of Arkansas: Bank Department

JONESBORO BUILDING AND LOAN ASSOCIATION
JONESBORO, CRAIGHEAD COUNTY, ARKANSAS
December 31, 1954
Directors

Officers
E. L. Westbrooke_________ President
J. H. Little, Jr_______ Vice President
J. C. Westbrooke__________ Secretary
Roy Sigler-------------------------- Attorney

J. B. Hinson
W. R. Weaver
J. C. Westbrooke
J. H. Little, Jr.

Roy Sigler
E. L. Westbrooke
F. J. Gregson

Assets

Liabilities

Real estate lo a n s _____ $ 272,682.25
Contracts of sale_______
822.87
Furniture and fixtures_
1.00
7,500.00
Office B u ildin g________
Cash on hand and
in banks ____________
4,001.67
Other a ssets___________
11,818.13

Shares ________________ $ 191,462.40
27,353.85
Notes payable ________
30,000.00
Reserves ______________
Other liabilities________
48,009.67

$ 296,825.92

$ 296,825.92

PEOPLES BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, PULASKI COUNTY, ARKANSAS
December 31, 1954
Officers

Directors

W. W. Finch__________Pres. & Secy.
Claiboume W. Conway.Vice President
Carl Hollis_____________ Chmn. Board
W. C. Thomas_________Vice President
Treas. & Asst. Secy.
Pearl Hinkle________Asst. Secretary

W. W. Finch
W. C. Thomas
Carl Hollis
Robert C. Bird
Claibourne W. Conway

Assets

Liabilities

Real estate lo a n s _____ $2,503,171.92
Share loans ___________
34,032.42
U. S. Gov’t obligations_ 110,000.00
Other securities________
40,000.00
Cash on hand and
in banks ____________
70,987.55
Furniture and fixtures_
3,440.35

Shares ________________ $2,435,788.78
Advances from FHL bank
65,000.00
Loans in p rocess_______
5,871.50
Reserves ______________
224,320.28
Undivided p r o fits ______
26,629.88
Other liabilities________
4,021.80

$2,761,632.24

$2,761,632.24




Forty-First Report

133

ARGENTA BUILDING AND LOAN ASSOCIATION
NORTH LITTLE ROCK, PULASKI COUNTY, ARKANSAS
December 31,1954
Officers

Directors

Lee Miles________ President-Attorney
Joe W. Pugh, Jr._Vice Pres. & Treas.
Solon Humphreys____ Mgr.-Secretary
Berah Eason___ Cash. & Bookkeeper
Mrs. M. L. Spradlin___ Stenographer

Lee Miles
Joe W. Pugh, Jr.
Solon Humphreys
Mrs. Lucy P. Humphreys

Liabilities

Assets
Real estate lo a n s ______$ 484,552.83
20,000.00
U. S. Gov’t obligations_
Other securities________
14,201.00
Cash on hand and
in banks ____________
98,185.94
3.00
Other a ssets___________

Shares ________________ $ 293,121.82
Reserves ______________
165,772.00
Undivided p r o fits ______ 133,110.67
Other liabilities__________
24,938.28

$ 616,942.77

$ 616,942.77

GUARANTY SAVINGS AND LOAN ASSOCIATION
PINE BLUFF, JEFFERSON COUNTY, ARKANSAS
December 31,1954
Officers

Directors

C. A. McNew, Jr__________ President
J. W. Bellamy, Jr_____ Vice President
Glenn A. Railsback_Secretary-Treas.
Bettye Dorris___ Assistant Secretary
Jay W. Dickey_____________ Attorney

C. S. McNew, Jr.
Jay W. Dickey
J. W. Bellamy, Jr. J. Richard Pierce
Glenn A. Railsback Simon Joseph

Assets

Liabilities

Real estate lo a n s ______$1,085,123.35
Share loans ___________
18,268.85
Other securities________
12,000.00
2,724.86
Furniture and fixtures_
Cash on hand and
in banks ____________
79,636.91
Office b u ild in g________
3,614.61
Other a ssets___________
657.74

Shares ________________ $1,077,750.34
Loans in p rocess_______
40,672.30
Reserves ______________
15,128.29
Other liabilities________
68,475.39

$1,202,026.32

$1,202,026.32




134

State of Arkansas: Bank Department

WARREN BUILDING AND LOAN ASSOCIATION
WARREN, BRADLEY COUNTY, ARKANSAS
December 31,1954
Directors

O fficers

J. R. Ganaway____________ President
Louis Ederington_____ Vice President
Byron L. Herring-V. Pres., Sec.-Treas.
B. Ball____________________ Attorney

Louis Ederington
Byron L. Herring
J. R. Ganaway
Louis W. Ederington

N. R. Herring
J. B. Fraser
Clara Beard

Assets

Liabilities

Real estate loans-____ $ 630,585.15
Share lo a n s ___________
3,504.55
18,200.00
U. S. Gov’t obligations_
Other securities________
11,100.00
Office b u ild in g ________
1,200.00
Cash on hand and
in banks ____________
9,271.76
Other a ss e ts___________
89.20

Shares ________________ $ 433,322.78
Advances from FHL bank
24.750.00
Permanent guaranty
s to c k ------------------------72,000.00
Reserves _____________
40.500.00
Undivided p r o fit s ______ 102,857.20
Other liabilities________
520.68

$ 673,950.66

673,950.66




Forty-First Report

135

LIST OF VOLUNTARY LIQUIDATING STATE CHARTERED
BUILDING AND LOAN ASSOCIATIONS IN ARKANSAS
AS OF DECEMBER 31, 1954
Leader Building and Loan Association___________________________ Little
Prudential Building and Loan Association________________________ Little
Equitable Building and Loan Association________________________ Little
Young Men’s Building and Loan Association_____________________ Little




Rock
Rock
Rock
Rock

X36




State of Arkansas: Bank Department

SECURITIES DIVISION
June 30, 1955

*

*
*

*

Forty-First Report

137

SUPERVISED LOAN COMPANIES UNDER ACT 397 OF 1947
June 30, 1955
Union Investment Co., Inc___________________
Standard Finance Company_________________
Utley & Co., Inc_____________________________
Peoples Co., Inc___________________________
Arkansas Acceptance Company---------------------(No Report)
Helena Industrial Loan Corp-------------------------Home Finance System, Inc___________________
The Peoples Loan & Investment Company-----Arkansas Investment Company______________
Securities Investment Company_____________
(No Report)
Atlas Finance Company-------------------------------Central Loan & Investment Company________
Securities Investment Company____________
(No Report)
Liberty Loan & Realty Company____________
Murdock Acceptance Corp___________________
United Loan & Investment Company________
James L. Lucas Company-----------------------------Peerless Thrift & Loan Company____________
Peoples Loan & Investment Co., Inc--------------Union Industrial Loan Corp_________________
Charles J. Upton Loan & Real Estate Company.




.El Dorado, Ark.
.Fayetteville, Ark.
.Fayetteville, Ark.
.Fort Smith, Ark.
. Harrison, Ark.
Helena, Ark.
. Helena, Ark.
Hope, Ark.
Hot Springs, Ark.
. Jonesboro, Ark.
Little Rock, Ark.
. Little Rock, Ark.
. Little Rock, Ark.
Little Rock, Ark.
Little Rock, Ark.
Little Rock, Ark.
Magnolia, Ark.
Morrilton, Ark.
.Mount Ida, Ark.
North Little Rock, Ark.
West Memphis, Ark.

138

State of Arkansas: Bank Department

MORTGAGE LOAN COMPANIES UNDER ACT 397 OF 1947
June 30, 1955
H.

A. Crabb & Co., Inc-------------------------

Julian J. Rothbaum'& Co., Inc------- -------David Investment Company-------------------Logan Finance Corp-----------------------------Home Improvement Financing Corp------Midwest Mortgage Investment Corp--------Republic Mortage Co., Inc--------------------Block Mortgage Co., Inc-----------------------Jack Collier East Co., Inc_______________
S. H. Hetherwick Mortgage & Investment.
Company
Investment Company of Houston------------Mainland Mortgage Company----------------Midwest Mortgage Co., Inc-------------------North American Mortgage Corp-------------Old Colonial Mortgage Co., Inc--------------Roberts Mortgage Co., Inc--------------------Wiliam E. Terry & Company., Inc---------Texas State Mortgage Company-------------Union Mortgage & Investnent Co., Inc—
T. A. White Company---------------------------Home Loans, Inc----------------------------------Guaranty Loan & Real Estate Company..




Arkadelphia, Arkansas
Houston, Texas
Arkadelphia, Arkansas
Tulsa, Oklahoma
Blytheville, Arkansas
Blytheville, Arkansas
Fort Smith, Arkansas
Washington, D. C.
Fort Smith, Arkansas
Fort Smith, Arkansas
L'ttle Rock, Arkansas
L'ttle Rock, Arkansas
L'ttle Rock, Arkansas
Shreveport, Louisiana
L'ttle Rock, Arkansas
Houston, Texas
Little Rock, Arkansas
Houston, Texas
Little Rock, Arkansas
Wichita, Kansas
•Little Rock, Arkansas
St. Petersburg, Florida
Little Rock, Arkansas
Houston, Texas
Little Rock, Arkansas
Wichita, Kansas
Little Rock, Arkansas
Little Rock, Arkansas
Houston, Texas
Little Rock, Arkansas
Houston, Texas
Little Rock, Arkansas
Shreveport, Louisiana
North Little Rock, Arkansas
West Memphis, Arkansas

Forty-First Report

139

COMBINED STATEMENT OP RESOURCES AND LIABILITIES OF
SIX INDUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER ACT 111 OF 1941
June 30, 1955
Assets
Loans ________________ - __________________________ _.$1,740,931.39
Cash on hand and in b an k s------------------ ---------------------- 123,463.86
Bonds and securities ________________________________
271,481.26
53,763.44
Other a ss e ts---------------------------------------- --------------------TOTAL ASSETS_________________________________ $2,189,639.95
Liabilities
Capital ______________________________________________ $
Surplus-----------------------------------Unearned discount_____________ 1_____________________
Notes payable _______________________________________
Debentures________________________________
R eserves_____________________________________________
Certificates __________________________________________
Other liabilities,__________________________________
TOTAL LIABILITIES




492,975.00
423,344.13
19,569.12
644,655.53
80,900.00
58,890.63
447,199.75
22,105.79

$2 189,639.95

140

State of Arkansas: Bank Department

COMMERCIAL CREDIT PLAN, INC.
FORT SMITH, ARKANSAS
June 30, 1955
Officers
H. A. Cherry
J. F. Ire to n _
S. M. Chesney
K. F. Turner

-President
.Secretary
.Treasurer
-Manager
Liabilities

Assets
L o a n s _________________ $
Cash on hand and
in b a n k s ____________
Bonds and securities__

41,249.67
28,211.47
99,906.25

Total a ss e ts ___________ $ 169,367.39

C apital________________ $ 100,000.00
Surplus _______________
17,651.82
Unearned discount_____
654.89
22,954.61
Notes p a ya b le_________
Reserved for bad depts _
362.43
C ertificates____________
26,365.32
1,378.32
Other liabilities________
Total liabilities________$ 169.367.39

PEOPLES LOAN AND INVESTMENT COMPANY
FORT SMITH, ARKANSAS
June 30, 1955
Officers
W. A. Needham
R. C. H e lv ie __
Mary C. Sims

------ V ice-President
Secretary-Manager
________ Treasurer

Assets

Liabilities

L o a n s _________________ ? 720,684.14
Cash on hand and
in banks ____________
46,268.52
Other assets _________
39,949.98

C apital________________ $ 92,975.00
85,585.11
Surplus _______________
Debentures ____________
80,900.00
Notes p aya b le_________ 375,000.00
Thrift certificates______ 137,378.48
Reserves ______________
34,421.05
Other liabilities________
643.00

Total a ss e ts _______ — $ 806,902.64

Total libalities




$ 806,902.64

Forty-First Report

141

COMMERCIAL CREDIT PLAN, INC.
JONESBORO, ARKANSAS
June 30, 1955
Officers
H. A. Cherry ------------------------------------------------------------------ President
J. F. Ireton ____________________________________________ Secretary
S. M. Chesney__________________________________________ Treasurer
M. S. C raw ley___________________________________________ Manager
Assets

Liabilities

L o a n s _________________$
Bonds and securities__
Cash on hand and
in b a n k s____________
Other assets ____________

21,908.41
99,906.25

C apital________________$ 100,000.00
Surplus _______________
19,772.43
Unearned discount____
521.96
2,503.50 Notes p aya b le_________
121.27
9,979.80 Reserved for bad debts _
103.20
Certificates____________
12,685.82
1,093.28
Other liabilities________

Total a ss e ts __________ $ 134,297.96

Total liabilities_______ $ 134,297.96

COMMERCIAL CREDIT PLAN, INC.
LITTLE ROCK, ARKANSAS
June 30, 1955
Officers
H. A. C herry-------------------------------------------------------------------President
J. F. Ireton ------------------------------------------------------------------- Secretary
S. M. Chesney __________________________________________Treasurer
R. L. Pledger ___________________________________________ Manager
Assets

Liabilities

L o a n s _________________ $
Bonds and securities__
Cash on hand and
in banks ____________

Total assets




48,678.10
71,668.76
10,535.49

.$ 130,882.35

C apital________________ $ 50,000.00
Surplus _______________
14,377.41
Notes p aya b le_________
33,777.49
Unearned discounts_____
773.74
Reserved for bad debts _
380.13
Certificates________________30,754.32
Other libalities________
819.26
Total libalities

$ 130,882.35

State of Arkansas: Bank Department

142

NATIONAL CREDIT CORPORATION
PINE BLUFF, ARKANSAS
June 30, 1955
Officers
N. J.
V. D.
C. A.
C. S.

_________President
___ Vice President
Secretary-Manager
_________Treasurer

Gantt, Jr._
W e b b ___
D a v ies___
McNew, Jr.

Liabilities

Assets
L o a n s _________________ $ 687,809.76
Cash on hand and
in banks ____________
30,424.16
2,834.08
Other assets __________

C apital________________ $
Surplus _______________
Unearned discou n t____
Notes p aya b le________
Investment certificates _
Reserved for bad debts _
Other liabilities_______

100,000.00
131,210.23
17,618.53
192,802.16
237,641.33
23,623.82
18,171.93

Total a s s e ts ___________ $ 721,068.00

Total liabilities________ $ 721,068.00

MORGAN PLAN COMPANY
TEXARKANA, ARKANSAS
June 30, 1955
Officers
F. E. Wilson __________________________________________ President
S. H. A tkin son ____________________________________ Vice President
Edwin D. McDaniel __________________________ Secretary-Treasurer
& Manager
Assets

Liabilities

L o a n s _________________ $ 220,601.31
Cash on hand and
in banks ____________
5,520.72
Other a ssets___________
999.58

C apital________________ $ 50,000.00
Surplus ----------------------154,747.13
Notes p a y a b le _________
20,000.00
Investment certificates _
2,374.48

Total assets

Total liabilities




$ 227,121.61

$ 227,121.61

Forty-First Report

COMBINED STATEMENT OF ASSETS AND LIABILITIES
OF THE THIRTY-FOUR CREDIT UNIONS REPORTED
AS OF DECEMBER 31, 1954
Assets
Loans ________________________________________________$1,143,620.57
Bonds and Securities ________________________________ 301,085.21
Cash on Hand andin B anks___________________________ 181,247.80
Other A ssets--------------------------------------------------------------- 115,574.84
TOTAL A S S E T S _________________________________ $1,741,528.42
Liabilities

Shares ------------------------------------------ j.-------------------------- $1,588,759.28
Guaranty Fund ---------------------------------------------------------63,212.76
Undivided Profits ________________________
51,994.79'
Notes Payable _______________________________________
8,886.39
Other Liabilities ____________________________________
28,675.20
TOTAL LIABILITIES __________________________ $1,741,528.42
Total approximate number of members 9,054




143

State of Arkansas: Bank Department

144

WILLIAMS ROOFING EMPLOYEES CREDIT UNION
CAMDEN, ARKANSAS
December 31, 1954
(No Report)

LION OIL CO-OPERATIVE SAVINGS & CREDIT ASSOCIATION
EL DORADO, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans ________________ $ 126,257.02
Bonds and securities____173,510.00
Cash on hand
and in b a n k s ________
47,713.78
Other a ssets___________
34,122.74

Shares ________________ $ 351,716.81
9,843.00
Guaranty fund ________
Undivided p r o fit s ______
7,032.81
Notes p a y a b le_________
8,886.39
4,124.53
Other liabilities________

Total assets ________$ 381,603.54

Total liabilities______ $ 381,603.54

Approximate number of members 1119

PAN-AM EL DORADO EMPLOYEES CREDIT UNION
EL DORADO, ARKANSAS
December 31, 1954
Liabilities

Assets
Loans ________________ $
Cash on hand
and in b a n k s __________
Other a ssets___________

16,509.89

Total a s s e ts ___________ $

17,578.40

476.37
592.14

Shares _________
Guaranty fu n d __
Undivided profits
Other liabilities_

14,538.41
700.21
1,103.53
1,236.25

Total liabilities________$

17,578.40

Approximate number of members 268

ARKANSAS WESTERN EMPLOYEES CREDIT UNION
FAYETTEVILLE, ARKANSAS
December 31, 1954
Liabilities

Assets
Loans ________________ !
Bonds and securities___
Cash on hand
and in banks_________
Other assets __________

41,044.98
15,004.60

Total assets

75,445.70




.$

3,313.62
16,082.50

Shares ________________ $
Guaranty fund ________
Undivided p r o fits ______
Other liabilities________

70,030.00
2,390.29
1,996.49
1,028.92

Total liabilities________$

75,445.70

Approximate number of members 137

Forty-First Report

145

SEBASTIAN FEDERAL EMPLOYEES CREDIT UNION
FORT SMITH, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Cash on hand
and in banks_________
Other a ssets___________

1,194.75

Total assets------------------ $

1,642.08

390.67
56.66

Shares _______________
Undivided p r o fit s _____
Other liabilities_______

1,596.00
4.08
42.00

Total liabilities

1,642.08

Approximate number of members 48

GURDON-MISSOURI PACIFIC EMPLOYEES CREDIT UNION
GURDON, ARKANSAS
Permit August 5, 1952
(Inactive)

ARLINGTON HOTEL CREDIT ASSOCIATION
HOT SPRINGS, ARKANSAS
Permit January 20, 1955

HOT SPRINGS FEDERAL EMPLOYEES CREDIT UNION
HOT SPRINGS, ARKANSAS
December 31, 1954
Liabilities

Assets
L o a n s -------------------------- 1
Bonds and securities----Cash on hand
and in banks_________
Other assets -----------------

66,492.71
1,500.00

Total a sse ts_____________$

78,272.25

Shares ________________ $
Guaranty fu n d _________
Undivided p r o fit s ______

73,207.64
2,226.55
2,838.06

Total liabilities

78,272.25

3,606.83
6,672.71

Approximate number o f members 355




State of Arkansas: Bank Department

146

MAJESTIC HOTEL CREDIT ASSOCIATION
HOT SPRINGS, ARKANSAS
December 31, 1954
Liabilities

Assets
Loans _________________ $ 14,569.82
Cash on hand
and in b a n k s ________
1,792.38
Other assets ____________ 8,668.85

Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______

23,543.33
618.16
869.36

Total assets____________ $

Total liabilities________$

25,030.85

25,030.85

Approximate number of members 114

AGRICULTURAL EXTENSION WORKERS’ CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31. 1954
Assets

Liabilities

Loans
Bonds and securities
Cash on hand
and in banks
Other assets

51,564.12
4,350.00

Total assets

73,390.04

251.44
17,224.48

Shares
Guaranty fund
Undivided profits
Other liabilities

67,102.96
2,972.10
3,296.98
18.00

Total liabilities

73,390.04

Approximate number of members 202

ARKANSAS DEMOCRAT CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Bonds and securities___
Other assets __________

21,819.31
800.00
13,113.60

Shares ________
Guaranty fund __
Undivided profits

32,035.99
2,332.87
1,364.05

Total assets____________ $

35,732.91

Total liabilities________$

35,732.91

Approximate number of members 132

ARKANSAS MAID CREDIT UNION
LITTLE ROCK, ARKANSAS
Permit January 19, 1953
(Inactive)



Forty-First Report

147

ARKLAGAS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s _________________ $
Bonds and securities___
Cash on hand
and in banks_________
Other assets ___________

69,740.16
3,642.75

Total assets

82,181.64

_____ $

6,169.32
2,629.41

Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities________

74,475.71
2,990.50
4,578.68
136.75

Total liabilities________$

82,181.64

Approximate number of members 313

CAPITOL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Bonds and securities___
Cash on hand
and in b a n k s ________

62,561.22
944.00

Total assets____________$

72,658.75

Shares _________
Guaranty fund _
Undivided profits

70,433.24
1,658.01
567.50

Total liabilities

72,658.75

9,153.53

Approximate number of members 371

CENTRAL TRADES COUNCIL CREDIT UNION
LITTLE ROCK, ARKANSAS
Permit January 28, 1955

DEPARTMENT OF LABOR CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Liabilities

Assets
L o a n s _________________ :
Bonds and securities----Cash on hand
and in b a n k s ________
Other assets -----------------

29,395.46
370.00

Total assets____________$

39,445.80

9,412.92
267.42

Shares ________________ $
Guaranty fu n d _________
Undivided p r o fit s ______
Other liabilities________

37,231.64
1,426.39
754.17
33.60

Total liabilities

39,445.80

Approximate number of members 201



148

State of Arkansas: Bank Department

ENGINEERS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Bonds and securities___
Cash on hand
and in b a n k s ________

36,955.47
10,000.00

Total assets____________ $

50,786.54

3,831.07

Shares _______________
Guaranty fu n d ________
Undivided p r o fit s ------Other liabilities_______

46,890.13
2,016.88
1,878.53
1.00

Total liabilities

50,786.54

Approximate number of members 320

FEDERATION CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Bonds and securities___
Cash on hand
and in b a n k s ________
Other a ss e ts ___________

57,162.39
740.00

Total a s s e ts ___________ $

68,613.71

5,706.32
5,005.00

Shares _______________
Guaranty fu n d -----------Undivided p r o fits ------Other liabilities_______
Total liabilities

55,560.20
4,387.76
694.44
7,971.31
68,613.71

Approximate number of members 343

FRANKE’S CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Cash on hand
and in b a n k s ________

1,317.52

Total a sse ts_____________$

1,396.78

Shares _______________
Guaranty fu n d ________
Undivided p r o fit s ____

1,880.19
779.20
54.91

2,714.30

Total lia b ilitie s ________ $

2,714.30

Approximate number o f members 111




Forty-First Report

149

GAZETTE EMPLOYEES’ CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s _________________ $
Bonds and securities__
Cash on hand
and in b an k s________
Other assets __________

921.35 Shares ----------------------3,200.00 Guaranty fu n d ________

Total a ssets___________ $

4,879.11

4,314.85
564.26

747.41
10.35
Total liabilities

4,879.11

Approximate number of members 50

KEMBA LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s _________________ :
Bonds and securities__
Cash on hand
and in banks_________

24,759.83

Total a ss e ts___________$

80,904.69

10,740.00
45,404.86

Shares ________________ $
Guaranty fu n d _________
Undivided p r o fits ______

69,784.20
5,381.32
5,739.17

Total liabilities________$

80,904.69

Approximate number of members 304

LITTLE ROCK CITY EMPLOYEES’ CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
(No Report)

LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYEES’
CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Liabilities

Assets
Loans _
________$
Bonds and securities__
Cash on hand
and in banks__ __
Other assets ________ _

2,645.95
3,200.00

Total a ssets___________ $

7,950.98

1,992.05
112.98

Shares _________
Guaranty fund
Undivided profits
Other liabilities

4,621.79
414.33
56.32
2,858.54

Total liabilities________$

7,950.98

Approximate number of members 71



150

State of Arkansas: Bank Department

LITTLE ROCK POSTAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31. 1954
Assets
L o a n s _________________ $
Bonds and securities___
Cash on hand
and in banks_________

Liabilities
99,458.47
5,404.00
19,316.13

Total a s s e ts ___________$ 124,178.60

Shares _______'_
Guaranty fu n d _
Undivided profits
Other liabilities _

105,778.11
8,998.02
5,235.27
4,167.20

Total liabilities________ $ 124,178.60

Approximate number of members 464

SOUTHWEST HOTELS CREDIT ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _________________ $
Bonds and securities___
Cash on hand
and in banks_____ ___
Other assets __________

29,063.76
20,000.00

Total assets^___________$

55,517.30

Shares _______________
Guaranty f u n d ___ ___
Undivided p r o fits _____

52,544.07
2,160.14
813.09

Total liabilities

55,517.30

6,435.74
17.80

Approximate number of members 317

STATE CENTRAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans -------------------------$
Bonds and securities___
Cash on hand
and in b a n k s ________
Other a ss e ts___________

6,822.97
2,500.00

Total a s s e ts -----------------$

9,434.96




Shares _______________
Guaranty fund _______
Undivided p r o fit s ____

8,772.78
274.30
387.88

Total liabilities

9,434.96

110.99
1.00

Approximate number of members 70

Forty-First Report

151

TELCOE CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
liabilities

Assets
Loans _______
Cash on hand
and in banks
Other assets

8,293.90
2,244.67

Shares ________________ $ 142,317.65
Guaranty fu n d _________
2,695.48
6,464.58
Undivided p r o fit s ______
Other liabilities________
288.03

Total a ss e ts___________ $ 151,765.74

Total libalities ________ $ 151,765.74

141,227.17

Approximate number of members 1151

U. D. CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities
12,458.21

Loans _______
Cash on hand
and in banks

3,277.48

Total a ss e ts ___________ $

15,735.69

Shares _____________________14,722.41
304.77
Guaranty fund t ________
Undivided p r o fits ______
708.51
Total liabilities _

15,735.69

Approximate number of members 194

U. S. TIME EMPLOYEES’ CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Liabilities

Assets
43,306.45

Loans _______
Cash on hand
and in banks
Other assets
Total a s s e t s ___________ $




3,539.68
3,052.30

Shares ________________ $
Guaranty fu n d _________
Undivided p r o fits ______
Other liabilities________

43,655.48
558.15
1,021.31
4,663.49

49,898.43

Total lia b ilitie s ________ $

49,898.43

Approximate number of members 500

State of Arkansas: Bank Department

152

VETERANS ADMINISTRATION EMPLOYEES’ CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31,1954
Assets

Liabilities

L o a n s ________ ______ $
Bonds and securities__
Cash on hand
__
and in banks _
Other a ssets__ _____
Total assets

35,948.53
2,500.00
3,871.91
227.06
$

42,547.50

Shares _
Guaranty fund _ .
Undivided profits
Other liabilities

38,972.91
2,072.84
1,494.87
6.88

Total liabilities________$

42,547.50

Approximate number of members 327

V. A. HOSPITAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities
22,062.42

Loans _______
Cash on hand
and in banks
Total a ss e ts ___________ $

738.35

Shares ________________ $
Guaranty fu n d _________
Undivided p r o fit s ______

22,068.43
437.61
294.73

22,800.77

Total liabilities________ $

22,800.77

Approximate number of members 191

THE FORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1954
Assets
Loans -------------------------$
Bonds and securities__
Cash on hand
and in banks_________
Other a ssets___________

Liabilities
95,689.58
7,215.00
7,719.73
1,186.13

Total a s s e ts ___________ $ 111,810.44




Shares _______________ $ 107,793.00
2,718.67
Guaranty fu n d ________
Undivided p r o fit s _____
1,298.77

Total liabilities

Approximate number of members 573

$ 111,810.44

Forty-First Report

153

NORTH LITTLE ROCK-MISSOURI PACIFIC CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s _________________ $
Bonds and securities__
Cash on hand
and in banks_________
Other a ssets___________

21,635.99
800.00

Total a ss e ts ___________$

26,692.05

2,378.54
1,877.52

Shares _
Guaranty fund
Undivided profits
Other liabilities

22,638.49
1,502.75
632.95
1,917.86

Total liabilities _

26,692.05

Approximate number of members 304

OSCEOLA FOODS EMPLOYEES’ CREDIT UNION
OSCEOLA, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s -------------------------- $
Cash on hand
and in banks_________

1,745.27

Total a ss e ts ___________ $

2,239.87

494.60

Shares -------------Undivided profits
Other liabilities _

2,164.72
58.70
16.45

Total liabilities

2,239.87

Approximate number of members 36

MISSOURI PACIFIC-PARAGOULD CREDIT UNION
PARAGOULD, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s _________________ $
Cash on hand
and in banks_________
Other assets___________

10,923.10

Total a ss e ts ___________ $

12,819.57

1,416.56
479.91

Shares _______________
Guaranty fu n d ________
Undivided p r o f it s _____

11,571.96
659.96
587.65

Total liabilities

12,819.57

Approximate number of members 120




KILOWATT CREDIT UNION
PINE BLUFF, ARKANSAS
Permit December 31, 1954

State of Arkansas: Bank Department

154

P.
B. M. CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1954
Assets

Liabilities

---------- $

Loans _ Cash on hand
and in banks

1,572,10
346.10

Total assets

$

1,918.20

Shares
Guaranty fund
Undivided profits

1,804.50
42.54
71.16

Total liabilities

1,918.20

Approximate number of members 95

WELCH EMPLOYEES’ CREDIT UNION
SPRINGDALE, ARKANSAS
December 31, 1954
Assets

Liabilities

Loans _ _ _ .-------------- $
Cash on hand
and in banks
Other assets __
Total assets

--------------$

2,795.13
1,338.05
1,300.00

Shares
_
Guaranty fu n d _
Undivided profits _
Other liabilities _

-$
.

5,220.00
36.58
54.31
122.29

5,433.18

Total liabilities

-$

5,433.18

-$

2,992.50
19.37
28.47

___ __ -$

3,040.34

Approximate number of members 90

CO-OP CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1954
Assets
Loans
Cash on hand
and in banks
Other assets
Total assets ___




Liabilities
$

2,024.50
979.13
36,71

. $

3,040.34

Shares __
Guaranty fund
Undivided profits
Total liabilities

Approximate number of members 46

Forty-First Report

155

MILLER-ARKANSAS CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1954
Assets
Loans _
______
Cash on hand
and in banks
Other assets ___
Total assets

_

Liabilities

_ .

1,015.61
194.42
50.10

_

.- $

1,260.13

Shares
_
Guaranty fund
Undivided profits
Other liabilities

$

1,192.57
12.00
13.46
42.10

Total liabilities

$

1,260.13

Approximate number of members 46

RAILWAY EMPLOYEES’ CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1954
Assets

Liabilities

L o a n s _________________ $
Cash on hand
and in banks_________
Other assets___________

4,979.19

Total a ss e ts ___________ $

5,604.36

Shares _______________
Guaranty fu n d ________

5,586.61
17.75

Total liabilities

5,604.36

82.17
543.00

Approximate number of members 71

STRICKLAND EMPLOYEES’ CREDIT UNION
TEXARKANA, ARKANSAS




Permit May 18, 1955

156

State of Arkansas: Bank Department

QUALIFIED STOCK EXCHANGES
_ Securities listed on the following Stock Exchanges may be qualified by
notification by an applicant company filing the name of the company, its
address, the amount of securities sought to be sold in Arkansas, and paying
the fee required by law.




American Stock Exchange
Chicago Board of Trade
Chicago Stock Exchange
New York Produce Exchange
New York Stock Exchange

Forty-First Report

157

ISSUERS REGISTERED BY QUALIFICATION IN ARK AN SAS
UNDER ACT 397 OF 1947

June 30, 1955
Affiliated Fund, Inc________________________
American Business Shares, Inc-------------------American Financial and Development Corp.
for Israel_____________________________
American Trusteed Funds, Inc_____________
Arcoa, Inc_________________________________
Arkansas Casualty Investment Corporation. _
Arkansas Frozen Foods, Inc_______________
Arkansas River Valley Woods Products-------Associated Fund Trust_____________________
Atomic Development Mutual Fund, Inc______
Axe Houghton Fund A, Inc________________
Axe Houghton Fund B, Inc_________________
Axe Houghton Stock Fund, Inc_____________
Bankers Insurance Co_______________________
Blue Ridge Mutual Fund, Inc_______________
Bond Fund of Boston_______________________
Boston Fund, Inc___________________________
Broad Street Investing Corp_______________
Canada General Fund (1954) Limited________
Canadian Fund, Inc________________________
Century Shares Trust______________________
Chemical Fund, Inc_________________________
Cherokee Industries, Inc____________________
Commonwealth Investment Company________
Commonwealth Stock Fund, Inc_____________
Corporate Leaders of America, Inc-------------Crown Western Investments, Inc----------------Diversified Growth Stock Fund, Inc_________
Diversified Investment Fund, Inc___________
Dividend Shares, Inc_______________________
Eaton & Howard Balanced Fund, Inc________
Eaton & Howard Stock Fund, Inc___________
Exhibitors Film Financial Group, Inc_______
Farm Devices, Inc__________________________
Fidelity Fund, Inc__________________________
Financial Industrial Fund, Inc______________
Founders Mutual Depositor Corporation____
Fundamental Investors, Inc_________________
Group Securities, Inc_______________________
Guaranty Loan and Real Estate Company___
Hamilton Fund, Inc_________________________
Incorporated Income Fund__________________
Incorporated Investors_____________________
Institutional Income Fund, Inc._____________
Institutional Shares, Ltd____________________
Investment Company of America____________
Investment Trust of Boston________________
Investors Group Canadian Fund, Ltd________
Investors Mutual, Inc_______________________
Investors Selective Fund___________________
Investors Stock Fund_______^------------------------Investors Syndicate of America, Inc--------------Keer-McGee Oil Industries, Inc______________
Keystone Custodian, Inc------------------------------Keystone Fund of Canada, Ltd._____________
Life Insurance Investors, Inc________________



-New York, New York
-New York, New York
-New York, New York
.N ew York, New York
-Portland, Oregon
-Little Rock, Arkansas
-Little Rock, Arkansas
_ Russellville, Arkansas
_St. Louis, Missouri
-Washington, D. C.
-Tarrytown, New York
-Tarrytown, New York
-Tarrytown, New York
-Conway, Arkansas
-New York, New York
-Boston, Massachusetts
-Boston, Massachusetts
_New York, New York
-Toronto, Canada
_New York, New York
-Boston, Massachusetts
-New York, New York
-Oklahoma City, Okla.
_San Francisco, Calif.
_San Francisco, Calif.
-New York, New York
-Dallas, Texas
-Elizabeth, New Jersey
-Elizabeth, New Jersey
-New York, New York
-Boston, Massachusetts
-Boston, Massachusetts
-Boston, Massachusetts
-Gravette, Arkansas
-Boston, Massachusetts
-Denver, Colorado
-Denver, Colorado
-Elizabeth, New Jersey
-Jersey City, New Jersey
-W est Memphis Ark.
-Denver, Colorado
-Boston, Massachusetts
-Boston, Massachusetts
-New York, New York
-New York, New York
-Los Angeles, California
-Boston, Massachusetts
-Winnipeg, Canada
-Minneapolis, Minnesota
-Minneapolis, Minnesota
-Minneapolis, Minnesota
-Minneapolis, Minnesota
-Tulsa, Oklahoma
-Boston, Massachusetts
-Montreal, Canada
-New York, New York

158

State of Arkansas: Bank Department

Magnet Cove Strategic Minerals Corporation__________ Little Rock, Arkansas
Managed Funds, Inc_________________________________ St. Louis, Missouri
Manhattan Bond Fund, Inc_________ :_________________ Elizabeth, New Jersey
Margarken Promotion & Distribution Co., Inc.________ Hot Springs, Arkansas
Massachusetts Investors Growth Stock Fund, Inc_____ Boston, Massachusetts
Massachusetts Investors Trust_______________________ Boston, Massachusetts
Mississippi Valley Company__________________________ Jonesboro, Arkansas
E. M. Moore Enterprise, Inc_________________________ Pine Bluff, Arkansas
Mutual Trust________________________________________ Kansas City, Missouri
National Investors Corporation______________________ New York, New York
National Oil Company, Inc___________________________ Little Rock, Arkansas
National Securities & Research Corporation__________ New York, New York
National Society of Professional Engineers____________ Washington, D. C.
Oroco Oil and Gas Company__________________________ Albuquerque, N. M.
Pioneer Fund, Inc___________________________________ New York, New York
The George Putnam Fund of Boston__________________ Boston, Massachusetts
Rockport Oil Company_______________________________ Little Rock, Arkansas
Scudder, Stevens & Clark Fund, Inc___________________ Boston, Massachusetts
Selected American Shares, Inc________________________ Chicago, Illinois
Southwestern Investors, Inc__________________________ Dallas, Texas
Southwest Realty Company___________________________ Little Rock, Arkansas
Texas Fund, Inc_____________________________________ Houston, Texas
Tekoil Corporation__________________________________ Robinson, Illinois
Templeton Growth Fund of Canada, Ltd______________ Toronto, Canada
Texcrete Structural Products Co__________ ___________ Dallas, Texas
Uranium Development Corporation___________________ Longview, Texas
United Funds, Inc___________________________________ Kansas City, Missouri
Accumulative Fund_____________ Continental Fund
Income Fund and Accumulative Fund_Science Fund
United Funds Canada Ltd___________________________ Toronto, Canada
The Value Line Income Fund, Inc_____________________ New York, New York
The Value Line Fund, Inc____________________________ New York, New York
Wall Street Investing Corporation___________________ New York, New York
The Wellington Company_____________________________ Camden, New Jersey
Zapata Off Shore Company___________________________ Houston, Texas




Forty-First Report

159

ISSUERS REGISTERED BY NOTIFICATION IN ARK ANSAS
UNDER ACT 397 OF 1947

June 30, 1955
American Machine & Foundry Co_____________________New York, New York
Arkansas Fuel Oil Corp___ ___________________________New York, New York
Armour and Company______________________________ Chicago, Illinois
Bell & Gossett Co___________________________________ Morton Grove, Illinois
Bethlehem Steel Corp________________________________ New York, New York
Calumet & Hecla, Inc________________________________ Calumet, Michigan
Carpenter Paper Co_________________________________ Omaha, Nebraska
Central & South West Corp__________________________ Wilmington, Delaware
Continental Baking Co_______________________________ New York, New York
Dover Corp_________________________________________ Louisville, Kentucky
Eastern Utilities Association________________________ Boston, Massachusetts
First Bank Stock Corp_______________________________Minneapolis, Minnesota
Food Fair Stores, Inc________________________________ Philadelphia, Pa.
The Frito Co--------------------------------------------------------------Dallas, Texas
General Motors Corp________________________________ New York, New York
General Telephone Corp______________________________ New York, New York
W. R. Grace & Co------------------------------------------------------ New York, New York
Hilton Hotels Corp__________________________________ Chicago, Illinois
International Paper Co______________________________ New York, New York
Jewel Tea Co., Inc___________________________________ New York, New York
Maryland Casualty Co_______________________________ New York, New York
Missouri Insurance Co_______________________________ St. Louis, Missouri
Mueller Brass Co____________________________________ New York, New York
National Can Corp---------------------------------------------------- New York, New York
New England ElectricSystem-------------------------------------- Boston, Massachusetts
North Arkansas Wood Products, Inc__________________St. Joe, Arkansas
The L. B. Price Mercantile Co------------------------------------ Kansas City, Missouri
Spencer Chemical Co________________________________ New York, New York
The Texas Company-------------------------------------------------- New York, New York
Tide Water Associated Oil Co________________________ New York, New York
Transamerica Corp---------------------------------------------------- San Francisco, Calif.
Transcontinental Gas Pipe Line Corp__________________Houston, Texas
Union Compress & Warehouse Co--------------------------------Memphis, Tennessee
United States Ceramic Tile Co________________________ New York, New York
United States Plywood Corp-------------------------------------- New York, New York
West Ohio Gas Co___________________________________ Lima, Ohio




160

State of Arkansas: Bank Department

DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT
SECURITIES IN ARKANSAS AS OF JUNE 30, 1955
H. Allen Investment Company_______________________ Little Rock, Arkansas
Associated Fund, Inc________________________________ St. Louis, Missouri
Walter R. Bass Company_____________________________Little Rock, Arkansas
Blyth & Co., Inc______________________________________New York> New York
Lewis W. Cherry Company___________________________Little Rock, Arkansas
Joel H. Clark, an individual___________________________Texarkana, Arkansas
Clisbee, Thompson and Company_____________________ £ ulsa, Oklahoma
Deep Rock Oil Corporation____________________________Tulsa, Oklahoma
Dempsey-Tegeler & Company________________________ St. Louis, Missouri
Development Corporation for Israel_________________ New York, New York
Dyke Associates, Inc________________________________ Little Rock, Arkansas
A. G. Edwards & Sons_______________________________St. Louis, Missouri
James L. Elmore_____________________________________ Fort Smith, Arkansas
Eppler, Guerin & Turner_____________________________Texarkana, Arkansas
Equitable Securities Corporation_____________________ Nashville, Tennessee
Fif Management Corp_______________________________ Denver, Colorado
Henry Hagelstein____________________________________Harrison, Arkansas
Hamilton Management Corporation__________________ Denver, Colorado
Hill, Crawford & Lanford, Inc________________________Little Rock, Arkansas
Gilbert Howell Company_____________________________ Little Rock, Arkansas
Investors Diversified Services, Inc___________________ Minneapolis, Minnesota
Kurt Kauffman______________________________________ Hot Springs, Arkansas
E. Davis Kolb_______________________________________ Fort Smith, Arkansas
McDonald, Evans & Company________________________ Kansas City, Missouri
Merrill Lynch, Pierce, Fenner & Beane________________ New York, New York
King Merritt & Company, Inc________________________ Englewood, New Jersey
Mid-South Securities Company______________________ Nashville, Tennessee
Mutual Distributors, Inc-------------------------------------------- Kansas City, Missouri
R. W. Polk & Company_______________________________ Little Rock, Arkansas
Raney Brothers, Inc.*.------------------------------------------------ Little Rock, Arkansas
T. J. Raney & Sons------------------------------------------------- Little Rock, Arkansas
Renyx, Field & Company, Inc_________________________ New York, New York
Salomon Brothers & Hutzler_________________________ New York, New York
Scudder Fund Distributors, Inc_______________________Boston, Massachusetts
Securities Management Corporation__________________ Dallas, Texas
Slayton and Company, Inc----------------------------------------- St. Louis, Missouri
Southern Securities Corporation_____________________ Little Rock, Arkansas
Stephens Brothers Investments______________________ Little Rock, Arkansas
W. R. Stephens, Investments---------------------------------------Little Rock, Arkansas
Dabbs Sullivan Company--------------------------------------------Little Rock, Arkansas
E. L. Villareal & Company------------------------------------------ Little Rock, Arkansas
Waddell & Reed, Inc------------------------------------------------- Kansas City, Missouri
Walton & Company, Inc---------------------------------------------- Little Rock, Arkansas
Womeldorff & Lindsey-----------------------------------------------Little Rock, Arkansas