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REPORT  i  I  OF  THE  i  i i i  i  BANK COMMISSIONER  j f  OF ARKANSAS 1955  i  ORVAL E. FAUBUS Governor  & !  j  If  i   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  U  J  V W  -  i  l  v  A  K  ut  y cvAV  DICK SIMPSON S ta te Bank Commissioner   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  DICK SIMPSON State Bank Commissioner   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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__________________________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  .   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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_________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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___ _____  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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______________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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___________________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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_______________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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------------   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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______   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,333,190.19  Liabilities Capital stock__________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,471,447.95  Capital s t o c k __________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  __________________ $1,382,340.34   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s t o c k __________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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___________________ $1,147,875.57  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s t o c k __________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1;558,305.35  Liabilities Capital stock __________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $10,215,861.64  Liabilities Capital s t o c k _________$ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  ,$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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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_____________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  __ $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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  _  _   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  _$ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  __________________ $1,109,107.17   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  JUNE 30, 1955 Liabilities Capital stock __________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  _________________ $4,016,103.49   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s t o c k __________$ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $4,832,732.56  Liabilities Capital s t o c k __________$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $  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  __  __   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  _$  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  $2,761,632.24   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Forty-First Report  133  ARGENTA BUILDING AND LOAN ASSOCIATION NORTH LITTLE ROCK, PULASKI COUNTY, ARKANSAS December 31,1954 Officers  Directors  Lee Miles________ President-Attorney Joe W. Pugh, Jr._Vice Pres. & Treas. Solon Humphreys____ Mgr.-Secretary Berah Eason___ Cash. & Bookkeeper Mrs. M. L. Spradlin___ Stenographer  Lee Miles Joe W. Pugh, Jr. Solon Humphreys Mrs. Lucy P. Humphreys  Liabilities  Assets Real estate lo a n s ______$ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Rock Rock Rock Rock  X36   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .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..   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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)  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 ___________ $   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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 ___   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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________________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  -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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis