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FORTY-FOURTH REPORT OF THE BANK COMMISSIONER OF THE STATE OF ARKANSAS FOR THE YEAR ENDING JUNE 30, 1958 DICK SIMPSON Stale Bank Commission* r RESEARCH LIBRARY fedora! ftessfY® Bank of St. Louis STATE OF ARK AN SAS OFFICE OF STATE B A N K DEPARTM ENT July 1, 1958 To His Excellency Orval E. Faubus Governor of Arkansas Sir: I have the honor of submitting to you the Forty-Fourth Annual Report of the State Bank Department for the fiscal year ending June 30, 1958, in compliance with the terms and provisions of Act 113 of 1913 (Now found in Section 67-111, Arkansas Statutes of 1947.) The report reflects the condition of the State-chartered banks and trust companies, building and loan associations, indus trial loan companies, credit unions and other factual data pertain ing to the operation of the Department. Respectfully submitted Dick Simpson State Bank Commissioner TABLE OF CONTENTS Page Legal Holidays ------------------------------------------------------------------------------ _______6 Departmental R o s te r---------------------------------------------------------------------- _______7 Commissioners o f State Bank D epartm ent-------------------------------------- _______8 Receipts and Disbursements ----------------------------------------------------------- _______9 O fficials Arkansas Bankers Association 1958-59 ____________________ ______10 O fficials Junior Bankers Section 1958-59 __________________________ _____ 10 O fficers Federal Reserve Bank o f St. Louis, M issouri---------------------- ______11 O fficers Little Rock Branch Federal Reserve Bank o f St. Louis, ______11 Examiners Federal Deposit Insurance Corporation for A rkansas------ ______11 Examiners National Bank Department in A rkansas------------------------- ______11 Comparative Abstract showing condition o f State Banks and Trust Companies as of June 30, 1958 and June 30, 1957 ---------------------- ______12 Comparative Abstract showing condition o f State and National Banks as o f December 31, fo r the years 1957-1958 -------------------- ______13 Comparative statement o f condition of State Banks and Trust Companies for the past thirty-three y e a rs ------------------------------- ______14 Consolidated report of Earnings and Dividends o f State Banks and Trust Companies for the twelve months ending December 1957 _ ______15 Banking Facilities by Counties including State and National Banks, Teller’s Windows and Cooperative E xchanges_________________ ___ 16-17 National Banks in A rkansas------------------------------------------ ---------------- ______ 18 Members o f Federal Reserve S ystem ----------------------------------------------______ 19 Commercial Banks Non-Members o f Federal Deposit Insurance ______ 19 Trust Companies not engaged in commercial banking and non members o f Federal Deposit C orporation-------------------------------- ______ 19 State Banks Operating Teller’s W in dow s--------------------------------------- ______ 20 National Banks Operating Teller’s W in dow s---------------------------------- ______ 20 Amendments Altering Capital S tru ctu re---------------------------------------- ______ 22 Other Amendments -----------------------------------------------------------------------______ 22 Ratio o f Total Capital Accounts to Total R esou rces_______________ ___ 23-24 Individual statement o f condition o f all State Banks and Trust Companies as o f June 30, 1958 ------------------------------------------------- __ 26-123 Combined and individual statement o f condition o f Cooperative Exchanges as o f June 30, 1958 ------------------------------------------------ -.124-126 Combined and individual statement o f condition o f Building and Loan Association as of December 31, 1957 -------------------------------- —129-133 Page Supervised loan companies under Aet 397 o f 1947 as of June 30, 1958 ________________________________________________ _____ 137 M ortgage loan companies under A ct 397 o f 1947 as o f June 30, 1958 _ —137-138 Combine and individual statement o f condition o f Industrial Loan Institutions operating under A ct 111 o f 1941 as of June 30, 1958 ------------------------------------------------------------------------- —139-142 Combined and individual statement o f condition o f Credit Unions as o f December 31, 1957 _____________________________________ -143-162 Qualified Stock E xchan ges_______________________________________ _____ 163 Issuers Registered by Qualification under A ct 397 o f 1947 as o f June 30, 1958 ---------------------------------------------------------------- -— -164-166 Issuers Registered by Notification under Aet 397 o f 1947 as o f June 30, 1958 _____________________________________________ _____167 Dealers authorized to sell qualified or exempt Securities as o f June 30, 1958 -------------------------------------------------------------------- -168-169 6 State of ArkdWd,M Bank Department LEG AL HOLIDAYS New Year’s Day____________________ January 1. Bobert E. Lee’s Birthday____________ January 19. George Washington’s Birthday_____ February 22. Memorial Day_______________________ May 30. Independence Day____________________July 4. Commemorating the end of World W ar II________________August 14. Labor Day__________________________ First Monday in September. Veteran’s Day_______________________November 11. Thanksgiving Day__________________ Any day made or designated by A ct of Congress. Christmas Day_____________________ December 25. A ll Biennial Statewide Primary and General Election Days. A ll Bills of Exchange, Drafts or Promissory Notes, which shall become payagle on a legal holiday shall be payable on the day next succeeding such holiday. In case any legal holiday which falls on Sunday, the next succeeding Monday shall be a legal holiday in its stead. Forty-Fourth Report 7 DEPARTM ENTAL 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 BAN K EXAM INERS J. A . W elty F . C. Rayburn D. S. Patterson Olan B. W ages R. C. Willeox Robert Jackson ASSISTAN T EXAM IN ER S John Alvin Bunch R. C. Willeox, Jr. H . W . Oldham BUILDING AN D LOAN AN D SECURITIES E XAM IN ER T. Y . Cooper CLERKS A N D STENOGRAPHERS Betty Morton Helen James Louise Lincoln STATE BAN KIN G BOARD John W . Edwards___________________________________Batesville Lawson T. Gamer___________________________________Crawfordsville Warren K . Bass_____________________________________ Little Rock Tom Bill Rogers____________________________________ Harrison R. S. W amock, Jr._________________________________ Magnolia Theo P. Carson, Secretary__________________________ Little Rock OFFICE Room 270, State Capitol Building Telephone Franklin 2-3161 8 State of Arkansas: Bank Department COMMISSIONERS OF THE STATE BANK DEPARTMENT STATE OF ARKANSAS No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Name Date o f Appointment Date Service Ended John M. Davis-------- March 6, 1913----------------- October 3, 1918 A. J. Reap________ October 3, 1918__________ March 22, 1919 W . T. Maxwell_____ March 22, 1919_________ ^September 1, 1921 Charles McKee_____ September 1,1921------------July 28, 1925 Loid Rainwater____ July 28, 1925------------------ February 8, 1927 W alter E. Taylor— February 8, 1927------------- January 10,1933 Marion Wasson______January 10, 1933------------- January 12,1937 Grover S. Jemigan_January 12, 1937------------ -January 14,1941 Thomas W . Leggett.January 14, 1941------------ February 1, 1949 S. J. Dean__________ February 1, 1949----------- December 31, 1949 Ed I. McKinley, Jr.—December 31, 1949---------- March 14, 1953 A. R. Merritt______ March 14, 1953--------------- February 8, 1955 Dick Simpson_______February 8, 1955------------ 9 Forty-Fourth Report The following is a statement showing the receipts and disbursements of the State Bank Department from July 1, 1957 to June 30, 1958. RECEIPTS Cash balance with State Treasurer June 30, 1957 ________________ $ 99,682.45 Examination and Assessment Fees— Bank D ivision _$105,229.84 Charter and Amendment Fees—Bank D iv ison ______ 1,126.00 Miscellaneous Fees—Bank D ivision --------------------------118.57 Miscellaneous Fees— Securities D iv ision ____________ 51,176.26 Error in Voucher #1360 issued for $17.41 paid for $17.14 ----------------------------------------------.27 157,650.67 $257,333.39 DISBURSEMENTS Salaries — A dm inistrative_____________________________________ $ Salaries — Examining D ivision _________________________________ Salaries — Office F o r c e _______________________________________ M aintenance------------------------------------------------------------------------------Travel Expense ________________________________________________ Charges by State Treasurer—Department Contributions to Social Security 3rd Quarter 1957 _________________________$ 407.40 4th Quarter 1957 __________________________ 137.92 1st Quarter 1958 ----------------------------------------539.80 26,000.00 60,007.98 10,768.31 14,036.10 11,283.66 1,085.12 Charges by State Treasurer—Department Contributions to State Retirement System 3rd Quarter 1957 __________________________$ 4th Quarter 1957 --------------------------------------1st Quarter 1958 --------------------------------------- 654.66 646.42 641.16 Charges by State Treasurer—Handling F e e --------------------------------Charge—2 checks not collected $5.00 e a c h _______________________ 1,942.24 1,551.88 10.00 $126,685.29 Cash balance with State Treasurer June 30, 1958 ------------------------- 130,648.10 $257,333.39 10 State of Arkansas: Bank Department A R K AN SAS BAN KERS ASSOCIATION 1958-1959 President__________ Beverly J. Lambert, Jr., President, Bank of W est Memphis, W est Memphis Vice President_____ Cecil W . Cupp, President, Citizens National Bank, Arkadelphia Treasurer__________ R. H. Ross, Executive Vice President & Cashier, Phillips National Bank, Helena Secretary__________ Jeff Burnett, 621 Pyramid Building, Little Rock A ss’t. Secretary___ M iss Thelma Bruce, 621 Pyramid Building, Lit tle Rock EXECU TIVE COUNCIL R. C. Stone__________________________________________ Malvern Eagle Street_________________________________________ Cave City M. L. McKinney______________________________________Jonesboro R. A . Porter_________________________________________ Blytheville W . C. Blewster_______________________________________ Magnolia Searcy Harrell_______________________________________ Hampton Fred Douglas________________________________________ Bentonville W . A . Hudspeth, Jr_________________________________ Ozark George R. Shankle___________________________________ Camden J. Ben Posey_________________________________________ Crossett COUNCILM EN-AT-LARGE A . M. Hayes_________________________________________ Stuttgart Wayne W . Pyeatt___________________________________ Searcy A V l t 'T r 'l i 'D C M T A D T> A 'M IT U ’ U Q U r r I l/ J c ii t b JT T UTJN IU JK J j A J N J s J i i i d SECTION AR K AN SAS BAN KERS ASSOCIATION President__________ K eith Robbins___________________Fayetteville Vice President_____Joe W . Miller__________________ El Dorado Treasurer__________ George E . Spaeth_______________No. Little Rock Secretary__________ Ralph E . Justice________________ Pine B luff Historian__________ Dorothy Harris_________________ Wynne Forty-Fourth Report lJi? £l ?<nUiJ?uPi vAATL 11 P PO G&PJE P*VY l£# ? T I AAXIN T IJV T li& JO OF ST. LOUIS, MISSOURI JLrXkDX I v X v X JWV t O President_______________________________________Delos C. Johns 1st Vice President_____________________________ Guy S. Freuthel Vice President__________________________________ Homer Jones Vice President__________________________________ George E . Kroner Vice President__________________________________ Dale M. Lewis Vice President__________________________________ H. H . Weigel Vice President__________________________________ J. C. Wotawa Chief Examiner_________________________________O. O. Wyrick t rnrinpT 151 op FEDERAL RESERVE B A N K OF ST. LOUIS, MISSOURI Vice President and Manager__________________ Fred Burton C a sh ie r________________________________________ S. C. Davis Assistant Cashier______________________________ W . J. Bryan Assistant Cashier______________________________ Clifford Wood FEDERAL DEPOSIT INSURANCE CORPORATION DISTRICT NO. 6 1059 Arcade Building, St. Louis, Mo. Supervising Examiner_________________________ C. M. Dunn A ss’t. Supervising Examiner__________________ Stanley Pugh EXAM IN ER S FOR A R K AN SAS Edgar H. Swap_______________Salinger Building, North Little Rock Ray M. W aters_______________Salinger Building, North Little Rock Clinton L . W hite, Jr________ Salinger Building, North Little Rock CO M PAR ATIV E A BSTRA CT SHOW ING THE CONDITION OP STATE BANKS AND TRU ST COM PANIES A S OF JUNE 30, 1958 AND JUNE 29, 1957 June 29, 1957 183 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 resources-------------------------------- $133,569,844.75 148,166,518.75 68,447,275.81 202,943,470.47 4,748,191.73 444,612.11 910,017.18 $119,094,275.87 150,284,981.34 60,464,443.93 187,089,243.55 4,370,088.08 293,658.00 837,424.88 $14,475,568.88 TOTAL RESOURCES__________ $559,229,930.80 $522,434,115.65 $36,795,815.15 (N et) LIABILITIES: Demand deposits-----------------------------Savings and time deposits----------------U. S. Government deposits--------------Public funds________________________ Deposits o f banks---------------------------- $322,480,869.36 115,229,434.99 7,365,567.71 45,338,485.62 13,257,381.26 $314,263,921.62 98,854,250.00 4,706,792.14 41,330,187.73 11,563,834.34 $ 8,216,947.74 16,375,184.99 2,658,775.57 4,008,297.89 1,693,546.92 TOTAL DEPOSITS____________ Other liabilities_____________________ $503,671,738.94 1,394,755.99 $470,718,985.83 1,439,730.48 $32,952,753.11 TOTAL LIABILITIES__________ $505,066,494.93 $472,158,716.31 $32,907,778.62 (N et) CAPITAL ACCOUNTS: Capital stock----------------------------------Surplus ------------------------------------------Undivided profits and reserves--------- $ 14,477,200.00 17,669,400.72 22,016,835.15 $ 13,969,200.00 16,987,900.72 19,318,298.62 $ TOTAL CAPITAL ACCOUNTS $ 54,163,435.87 $ 50,275,399.34 $ 3,888,036.53 TOTAL CAPITAL ACCOUNTS AND LIABILITIES____________ $559,229,930.80 $522,434,115.65 $36,795,815.15 (N et) Decrease $2,118,462.59 7,982,831.88 15,854,226.92 378,103.65 150,954.11 72,592.30 $ 508,000.00 681,500.00 2,698,536.53 44,974.49 State of Arkansas: Bank Department June 30, 1958 183 Increase Number o f Banks to COM PARATIVE A BSTRA CT SHOWING CONDITION OF STATE AND N ATIO N AL BANKS OF A RK AN SA S AS OF DECEMBER 31, 1957-1953 1956 237 1955 234 1954 231 1953 230 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 resources_____________________ $ 303,234,000 322,738,000 141,557,000 389,392,000 11,221,000 973,000 2,309,000 $ 297,671,000 326,096,000 128,742,000 393,406,000 10,487,000 709,000 2,059,000 $ 300,451,000 314,064,000 116,372,000 396,685,000 8,686,000 123,000 1,821,000 $ 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 TOTAL 31,171,424,000 $1,159,170,000 $1,138,202,000 $1,073,380,000 $1,024,657,000 LIABILITIES: Capital stock________________________ Surplus ____________________________ Undivided profits and reserves_______ $ $ 27,754,000 37,169,000 29,058,000 $ 26,064,000 34,548,000 27,616,000 $ 25,005,000 32,205,000 25,810,000 $ 22,428,000 28,221,000 24,946,000 93,981,000 $ 88,228,000 $ 83,020,000 $ 75,595,000 RESOURCES______________ 29,714,000 38,052,000 32,352,000 Total capital account________________ $ 100,118,000 $ Deposits ___________________________ Other liabilities_____________________ $1,066,236,000 5,070,000 $1,060,789,000 4,400,000 TOTAL LIABILITIES______________ $1,171,424,000 $1,159,170,000 $1,045,899,000 4,075,000 $ 986,542,000 3,818,000 $ 945,731,000 3,831,000 $1,138,202,000 $1,073,380,000 $1,024,657,000 Forty-Fourth Report 1957 238 Number of banks 09 COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES FOR PAST THIRTY - THREE YEARS Date 30, 30, 30, 29, 30, 30, 30, 30, 30, 29, 30, 30, 30, 30, 29, 30, 30, 30, 30, 30, 29, 30, 30, 30, 30, 30, 30, 30, 30, 30, 30, 29, 30, 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________ 1956________ 1957________ 1958________ Deposits Loans and Discounts 394 376 358 347 329 265 223 202 189 180 178 176 171 167 169 166 166 161 161 163 169 170 174 174 176 177 178 177 178 179 182 183 183 142,107,300 134,788,700 135,849,800 137,636,800 131,936,800 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 94,733,000 128,975,900 190,153,500 226,832,800 302,720,500 355,193,200 346,132,500 340,469,900 344,900,700 354,288,100 358,571,300 383,178,600 398,584,300 411,324,600 430,059,100 460,899,300 470,719,000 503,671,700 123,464,400 112,051,800 109,167,900 109,438,700 111,542,200 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 94,148,700 108,035,400 120,769,700 125,554,200 159,028,000 158,246,800 190,365,300 187,089,200 202,943,500 Borrowed Money 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 0 0 336,600 Cash 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 96,605,800 102.081.300 102,013,000 114,420,700 117.406.400 116,317,200 117.844.400 119.609.800 119.094.300 133.569.800 U. S. Gov’t Bonds 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 97.906.100 137.559.700 187.100.000 170.818.800 160.340.700 148.075.000 158.652.300 148.390.100 144.775.800 152.351.100 135,033,400 148.234.300 140.958.000 150.285.000 148,166,500 Capital Structure 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 46,686,200 50.275.400 54.163.400 * Total Resources 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 92.002.700 107.936.900 142.710.700 204.492.600 242.132.900 319.689.500 374.451.600 367.934.700 364,722,300 371.711.900 383.815.000 390,770,400 417.987.700 436.430.100 452.551.900 473,034,437 508.372.900 522.434.100 559.229.900 State of Arkansas: Bank Department June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June Number Banks m 15 Forty-Fourth Report CONSOLIDATED REPORT OP EARNINGS AND DIVIDENDS OP STATE BANKS AND TRUST COMPANIES FOR TWELVE MONTHS ENDING DECEMBER 31, 1957 EARNINGS: Interest and discount on lo a n s ___________ $11,285,609.17 Interest and dividends on secu rities______ 5,617,074.60 Service charges, exchange charges, e t c .____ 3,004,402.78 Other operating earnings -----------------------364,728.48 Total earnings from operations _____________________ $20,271,815.03 EXPENSES: Salaries, wages and directors f e e s ________$ Interest paid on time d ep osits-----------------Interest paid on borrowed m on ey--------------Taxes other than on in com e______________ Taxes on in com e--------------------------------------Other current expenses __________________ 6,929,158.72 2,079,704.18 8,348.12 519,128.69 1,448,936.07 3,931,757.93 Total current exp en ses--------------------------------------------- $14,917,033.71 Net current operating earn in gs---------------------------------- $ 5,354,781.32 RECOVERIES AND PROFITS: On securities _____________________________ $ On lo a n s -------------------------------------------------A ll other ________________________________ 58,524.15 217,501.92 79,168.28 $ 355,194.35 $ 5,709,975.67 LOSSES CHARGED OFF: On secu rities-------------------------------------------- $ On lo a n s _________________________________ A ll other ________________________________ 567,512.66 799,536.88 227,410.32 $ 1,594,459.86 $ 4,115,515.81 DIVIDENDS PAID: Cash dividends paid on common sto ck --------- $ 1,427,304.50 NET PROFITS AFTER DIVIDENDS FOR 1957 .$ 2,688,211.31 16 State of Arkansas: Bank Department 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-------------------------H ot Spring-------------------------Howard____________________ Independence_______________ Izard----------------------------------Jackson------------------------------Jefferson__________________ Johnson____________________ Lafayette---------------------------Lawrence__________________ Lee___________ _____________ Lincoln____________________ Little River________________ Logan________ ___________ Lonoke-------------------------------Madison____________________ Marion_____________________ Miller______ ___________ Mississippi_________________ Monroe_____________________ M on tgom ery._____________ Nevada____________________ Newton____________________ State Banks 2 6 1 6 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 2 a 2 3 1 1 1 2 5 2 1 6 3 1 1 1 National Banks Teller’s Windows 2 1 1 1 Cooperative Exchanges 1 2 2 1 1 1 2 1 1 1 2 1 1 1 2 2 2 1 1 1 1 O 2 3 1 1 2 1 1 3 1 1 1 1 1 1 1 3 17 Forty-Fourth Report BANKING FACILITIES BY COUNTIES INCLUDING STATE AND NATIONAL BANKS, TELLER’S WINDOWS AND COOPERATIVE EXCHANGES County Ouachita___________________ Perry---------------------------------Phillips------------------------------Pike_______________________ Poinsett-----------------------------Polk_______________________ Pope----------------------------------Prairie_____________________ Pulaski____________________ Randolph___________________ St. Francis________________ Saline______________________ Scott______________________ Searcy_____________________ Sebastian__________________ Sevier______________________ Sharp______________________ Stone______________________ Union______________________ Van Buren_________________ Washington________________ W hite______________________ W oodruff__________________ Y ell_______________________ State Banks 4 1 4 3 6 1 5 2 7 2 2 2 1 2 4 2 4 i 4 1 5 7 2 3 183 National Banks Teller’s Windows Cooperative Exchanges 1 2 1 1 4 1 4 2 1 3 1 2 1 2 2 2 1 1 55 33 3 18 State of Arkansas: Bank Department NATIONAL BANKS IN ARKANSAS Name First National Bank-----------------------Citizens National Bank-------------------First National Bank-----------------------First National Bank-----------------------First National Bank________________ First National Bank________________ Citizens National Bank------------------Farmers National Bank---------- --------First National Bank-----------------------First National Bank-----------------------First National Bank-----------------------First National Bank-----------------------National Bank o f Commerce------------First National Bank-----------------------First National Bank________________ National Bank of Eastern Arkansas.. City National Bank_________________ First National Bank________________ Merchants National Bank___________ First National Bank________________ First National Bank________________ Arkansas National Bank____________ Helena National Bank______________ Phillips National Bank______________ Citizens National Bank------------------First National Bank-----------------------Arkansas National Bank-----------------Planters National Bank-----------------First National Bank----------------------- Peoples National Bank______________ First National Bank-----------------------Commercial National Bank_________ First National Bank________________ Union National Bank_______________ First National Bank________________ Malvern National Bank_____________ First National Bank________________ Planters National Bank_____________ First National Bank________________ First National Bank________________ American National Bank____________ National Bank o f Commerce------------First National Bank________________ First National Bank-----------------------National Bank o f Commerce------------Simmons National Bank___________ American National Bank-----------------First National Bank________________ Peoples National Bank______________ State National Bank________________ Trumann National Bank___________ First National Bank________________ Citizens National Bank------------------First National Bank o f Lawrence C oFirst National Bank------------------------- Location County —Altheimer ----------- Jefferson —Arkadelphia------- .Clark ..A sh d ow n --------- ---- Little River .-Batesville ------- __ Independence Carroll -Berryville -------B lytheville. _ _ Mississippi —Camden------------- -----Ouachita —Clarksville--------- — Johnson -Conw ay— ------------Faulkner —DeQueen -------- -----Sevier -D eW itt___ — — Arkansas —El Dorado--------- _ —Union —El Dorado--------- -----Union —Fayetteville------- -----Washington —Fordyce------------------Dallas —Forrest City----- ___St. Francis —Fort Smith_____ -----Sebastian —Fort Smith-------- __ .Sebastian —Fort S m ith ------___ Sebastian —Green Forest-----. —Carroll Gurdon— ------- — Clark Heber Springs. ____ Cleburne —Helena-------------- ___ Phillips —Helena. --------- — .Phillips —Hope___________ _ Hempstead —Hope--------- — — Hempstead —Hot Springs— ___ Garland —Hughes------------- ___ St. Francis —Huntsville— —.___ Madison —Jonesboro _ — ____Craighead —Lewisville -------. .Lafayette —Little Rock-------------Pulaski —Little R o c k ----- __ .Pulaski —Little Rock— __ -----Pulaski —Magnolia----------- -----Columbia —Malvern_______ — .Hot Spring —Marianna---------- __ Lee —Mena_______________Polk —Nashville---------- — .Howard —Newport-----------------Jackson -North Little Rock— Pulaski -Paragould--------- -----Greene -Paragould--------- -----Greene -P a ris----------------Logan -P ine B luff_____ ___ Jefferson -P ine B luff_____ ___ Jefferson -R ogers-------------- __ .Benton -Springdale---------___ Washington -Stuttgart---------- _ -Arkansas -Texarkana--------- ___Miller . Tnimarm Poinsett -Tuekerman-------- ___ Jackson -W alnut Ridge— ___ Lawrence -W alnut Ridge— ___ Lawrence -W ynne— ------- ___.Cross Forty-Fourth Report 19 MEMBERS OF FEDERAL RESERVE SYSTEM Capital and Date o f Admission Name o f Bank & Location Surplus A pril 21, 1941________Elk Horn Bank & Trust Company------------ $ 250,000.00* Arkadelnhia April 15, 1953_______ The Citizens Bank----------------------------------200,000.00* Batesville August 23, 1918_____ Farmers Bank & Trust Company------------- 1,000,000.00 Blytheville May 10, 1944________ Bank o f Brinkley________________________ 200,000.00 Brinkley April 28, 1941______ The Merchants & Planters Bank_________ 150,000.00 Camden July 2, 1956__________Bank of Crossett________________________ 425,000.00 Crossett 300,000.00 September 11, 1942__ The Exchange Bank & Trust Company___ El Dorado January 7, 1944_____ M cllroy Bank------------------------------------------ 300,000.00 Fayetteville September 22, 1933__ Fordyce Bank & Trust Company--------------- 200,000.00 Fordyce September 25, 1942__ Arkansas Trust Company________________ 800,000.00 Hot Springs July 26, 1945_______ Peoples Bank & Loan Company__________ 150,000.00 Lewisville January 3, 1956_____ Bank of Arkansas----------------------------------250,000.00 Little Rock March 20, 1919---------- Worthen Bank & Trust Company------------- 3,000,000.00 Little Roek 175,000.00 September 20, 1944__ Farmers & Merchants Bank_____________ Marianna April 9, 1957________ The Twin City Bank_____________________ 450,000.00 North Little Rock July 20, 1920------------The Bank o f Russellville_________________ 200,000.00 Russellville August 23, 1923_____ Peoples Exchange Bank_________________ 200,000.00 Russellville June 9, 1942------------- Grant County Bank_____________________ 100,000.00 Sheridan April 11, 1944------------Smackover State Bank__________________ 200,000.00 Smackover May 20, 1921------------- Bank o f Waldron________________________ 150,000.00 Waldron COMMERCIAL BANKS—NON MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION Name Location Portland Bank___________________________________ Portland Bank o f 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----------------------Little Rock Metropolitan Trust Company----------------------------- Little Rock John Matthews Company---------------------------- No. Little Rock 20 State of Arkansas: Bank Department STATE BANKS OPERATING TELLER’S WINDOWS Name o f Bank Location Location Teller’s Window County Bradford White Bauxite Saline Gillett Arkansas CrawfordsvilleCrittenden Cotton Plant W oodruff DeVails B luff Prairie Sebastian Hartford Dierks Howard Hot Springs Garland (803 Albert Pike Ave.) Jacksonville State Bank--------------Jacksonville Little Rock AirPulaski Force Base Lake City Craighead Farmers State Bank------------------ Jonesboro Little Rock Pulaski **Worthern Bank & Trust Company Little Rock (3924 West 65th St.) Arkansas City Desha McGehee Bank----------------------------McGehee Watson Desha McGehee Bank----------------------------McGehee Caraway Monette State Bank--------------------Monette Craighead Pike County Bank______________ Murfreesboro Mineral Spgs. Howard Joiner Mississippi Mississippi County Bank------------Osceola Luxora Mississippi County Bank------------Osceola Mississippi Marmaduke The Security Bank & Trust Co— Paragould Greene Ola Yell First State Bank------------------------ Plainview McRae White Security Bank----------------------------- Searcy Benton Bratt-Wasson Bank--------------------Siloam Spgs. Gentry Swifton Jackson Bank o f Tuekerman--------------------Tuckerman Hermitage Bradley Merchants & Planters Bank------- Warren Keiser Mississippi Bank o f W ilson-------------------------- Wilson* Citizens State Bank------------------Bald Knob Benton State Bank----------------------Benton DeW itt Bank & Trust Company—DeWitt Earle State Bank---------------------- Earle Planters Bank & Trust Company.Forrest City Planters Bank & Trust Company_Forrest City Farmers Bank--------------------------- Greenwood Horatio State Bank------------------- Horatio *Arkansas Trust Company----------- Hot Springs * Outside Corporate Limits o f Hot Springs ** Outside Corporate Limits o f Little Rock 21 Forty-Fourth Report NATIONAL BANKS OPERATING TELLER’S WINDOWS First National Bank------------------- Fort Smith ♦Arkansas National Bank----------- Hot Springs •♦First National Bank------------------Little Rock ♦♦Union National Bank------------------ Little Rock ♦••Simmons National Bank--------------Pine B luff •♦♦Simmons National Bank--------------Pine B luff Simmons National Bank------------- Pine B luff State National Bank------------------ Texarkana• • Outside Corporate Limits of Hot Springs ♦♦ Outside Corporate Limits o f Little Rock **♦ Outside Corporate Limits of Pine Bluff Fort Chaffee Sebastian Hot Springs Garland (Highway 270 W est & Bellgrove) Little Rock Pulaski (6223 Asher Avenue) Little Rock Pulaski (3920 W est 65th St.) Pine B luff Jefferson (31st & Olive Sts.) Pine B luff Jefferson (Highway 65 North & W il liams Road) Sherrill Jefferson Foreman Little River 22 State of Arkansas: Bank Department AMENDMENTS ALTERING CAPITAL STRUCTURE July 1, 1957 to June 30, 1958 1. First State Bank, Conway, increased capital from $60,000.00 to $100,000.00 by the declaration o f a 66 2/3% stock dividend. 2. Bank o f Glenwood, Glenwood, increased capital from $25,000.00 to $50,000.00 by the declaration o f a 100% stock dividend. 3. Bank o f Gravett, Gravette, increased capital from $25,000.00 to $50,000.00 by the declaration of a 100% stock dividend. 4. Commercial Bank, Harrison, increased capital from $75,000.00 to $150,000.00 by the sale o f $75,000.00 par value of new stock. 5. The Security Bank, Harrison, increased capital from $150,000.00 to $200,000.00 by the declaration of a $7,500.00 stock dividend and the sale o f $42,500.00 par value o f new stock. 6. Horatio State Bank, Horatio, increased capital from $32,500.00 to $50,000.00 by the declaration o f a $17,500.00 stock dividend. 7. Citizens Bank o f Jonesboro, Jonesboro, increased capital from $330,000.00 to $363,000.00 by the declaration o f a 10% stock dividend. 8. The Peoples Bank, Mountain Home, increased capital from $50,000.00 to $100,000.00 by the declaration o f a 100% stock dividend. 9. Pike County Bank, Murfreesboro, increased capital from $37,500.00 to $50,000.00 by the sale of $12,500 par value o f new stock. 10. The Stephens Security Bank, Stephens, increased capital from $50,000 to $75,000.00 by the declaration of a 50% stock dividend. 11. Citizens Bank, Strong, increased capital from $25,000.00 to $50,000.00 by the declaration o f a 100% stock dividend. 12. The Farmers & Merchants Bank, Stuttgart, increased capital from $75,000.00 to $150,000.00 by the declaration o f a 100% stock dividend. 13. Bank o f Tuekerman, Tuekerman, increased capital from $35,000.00 to $40,000.00 by the declaration of a $5,000.00 stock dividend. 14. Warren Bank, Warren, increased capital from $75,000.00 to $100,000.00 by the declaration o f a 33 1/3% stock dividend. 15. The Bank o f Yellville, Yellville, increased capital from $25,000.00 to $50,000.00 by the declaration o f a 100% stock dividend. AMENDMENTS CHANGING NUMBER OF DIRECTORS Juy 1, 1957 to June 30, 1958 Name Location From To Bank o f K en sett____________________ Kensett ------------------------ 3 3 to 5 Bank o f Lincoln _____________________ Lincoln ----------------------- 7 5 to 7 The Peoples B a n k __________________ Waldo --------------------------4 to 7 4 to 8 23 Forty-Fourth Report THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL RESOURCES OF THE 183 ARKANSAS STATE BANKS AND TRUST COMPANIES AS OF JUNE 30, 1958, IS 9.7% : THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE. Name o f Bank Location Bank o f Amity----------------------------------- A m ity -------------Merchants & Planters Bank & Trust Co._Arkadelphia Bank o f Ash Flat____________________ Ash F la t -------Bank o f Atkins______________________ Atkins ________ The Bank o f Augusta________________A u gu sta_______ Citizens State Bank---------------------------- Bald K n o b ____ Citizens Bank________________________ Bearden ______ Citizens Bank-------------------------------------Beebe _________ Bank o f Blevins______________________ B lev in s________ Farmers Bank & Trust Company______B lytheville____ Citizens Bank________________________ Booneville ____ -Bradley The Bank o f Bradley---------------The Merchants & Planters Bank. -Camden -Carlisle ---------Citizens Bank---------------------------C harleston------American State Bank__________ Bank o f Cherry Valley--------------Cherry Valley Bank o f Chidester---------------------C h idester-------The Merchants & Planters Bank. -Clarendon______ Clinton State Bank____________ -C lin ton -----------Danville State Bank___________ -D a n v ille---------Bank o f Delight________________ -D e lig h t________ -D erm ott---------Dermott State Bank___________ Farmers & Merchants Bank____ -Des Arc Bank o f Dover_________________ -Dover _ Merchants & Farmers Bank____ -Dumas Earle State Bank_______________ -Earle _. Delta State Bank_______________ -Elaine _ Bank o f England_______________ ..England —England The Citizens Bank______________ —Eudora . Eudora Bank___________________ Bank o f Evening Shade________ Evening Shade Fordyce Bank & Trust Company. .Fordyce --------Bank o f Franklin_______________ .Franklin ------Bank o f Glenwood--------------------—G lenw ood--------Bank o f Gravett________________ __Gravette --------Clark County Bank_____________ G u rdon -----------—H am burg--------Hamburg Bank_________________ —Hampton --------Calhoun County Bank---------------The Bank o f Harrisburg_______ -H a rr is b u r g -----The Cleburne County Bank_____ -H eber Springs _ Valley Bank___________________ -Hindsville ------Bank o f Holly Grove____________ —Holly G ro v e ___ Arkansas Trust Company______ -H o t Springs — Newton County Bank___________ ..Jasper -----------..Jonesboro ------Farmers State Bank------------------Judsonia --------Farmers & Merchants Bank----..Junction City — Union State Bank---------------------K ingston ______ Bank o f Kingston______________ -L ake Village — Bank o f Lake Village___________ -L a v a c a -----------Citizens Bank o f Lavaca_______ Leachville State Bank__________ -Leachville ------Little River Bank----------------Lepanto _______ Bank of Lincoln________________ -L in c o ln ------------Pulaski Heights Bank__________ -L ittle R o c k ____ Percentage 12.7 9.9 12.2 14.2 14.0 10.1 12.2 11.5 16.7 15.3 10.2 11.4 11.4 11.0 12.6 15.5 10.6 9.9 11.5 10.0 11.5 9.8 18.5 13.6 14.0 11.1 16.3 12.3 14.5 13.6 13.3 10.2 13.3 9.9 11.4 10.4 13.0 12.4 10.0 14.5 10.5 13.3 10.6 11.1 10.9 13.5 13.0 10.8 11.5 10.2 15.2 19.1 10.4 10.1 24 State of Arkansas: Bank Department THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL RESOURCES OF THE 183 ARKANSAS STATE RANKS AND TRUST COMPANIES AS OF JUNE 30, 1958, IS 9.1%: THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE. Name o f Bank Location Percentage Bank o f Lockesburg__________________L oekesbu rg---------------------First State Bank_____________________ L o n o k e ----------------------------Peoples Bank-------------------------------------- Mammoth S p rin g ________ Merchants & Planters Bank-----------------Manila ---------------------------Bank o f Mansfield------------------------------Mansfield ----------------------Farmers & Merchants Bank---------------- M arianna-------------------------Marked Tree Bank------------------------------Marked Tree ------------------Bank o f Marvell---------------------------------- Marvell _________________ McGehee Bank--------------------------------------McGehee ------------------------Bank o f Melbourne-----------------------------M elbourne________________ Monette State Bank--------------------------- Monette __________________ Commercial Loan & Trust Company------Montieello _______________ Union Bank & Trust Company------------ Montieello _______________ The First State Bank-------------------------- Morrilton _______________ The Bank o f Montgomery County______Mount Ida ---------------------Bank of Mountain View---------------------Mountain V ie w -------------Bank o f Mulberry____________________M u lberry-------------------------Bank of Nettleton____________________N ettleton -------------------------Bank of Newark_____________________Newark ---------------------------Bank of New Edinburg________________ New E din bu rg___________ Merchants & Planters Bank----------------N ew port---------------------------Mississippi County Bank______________ Osceola _________________ The Planters Bank------------------------------- Osceola --------------------------The Security Bank & Trust Company__Paragould ----------------------Bank o f Parkdale------------------------------- Parkdale ------------------------First State Bank---------------------------------Parkin __________________ Bank o f Pea Ridge----------------------------- Pea R id g e _______________ Piggott State Bank----------------------------- Piggott _________________ First State Bank---------------------------------Plainview _______________ Portland Bank________________________Portland ------------------------The Peoples Bank------------------------------- Portland ------------------------Citizens Bank------------------------------------ P o ttsv ille -------------------------The Farmers & Merchants Bank-----------Prairie G rov e____________ Bank of Prescott-------------------------------- P re sco tt__________________ Bank of Quitman-------------------------------- Quitm an__________________ The Bank o f Rector----------------------------- Rector ___________________ The Bank o f Rison------------------------------- Rison ___________________ Farmers & Merchants Bank-----------------Rogers __________________ The Bank o f Russellville--------------------- Russellville ______________ Bank o f Salem----------------------------------- S a le m ____________________ Logan County Bank---------------------------- Scranton ________________ Security Bank------------------------------------- Searcy __________________ The Searcy Bank---------------------------------Searcy __________________ Grant County Bank---------------------------- Sheridan _________________ Citizens Bank--------------------------------------Smithville _______________ Bodcaw Bank-------------------------------------- S tam ps___________________ Bank o f Star City----------------------------.—Star C ity ________________ Citizens Bank--------------------------------------Strong __________________ The Farmers & Merchants Bank-------- S tu ttg a rt_________________ Citizens Bank------------------------------------- Tillar ____________________ Bank o f Trumann------------------------------- Trumann ________________ Bank o f Tuckerman---------------------------- Tuckerman ______________ Tyronza Bank------------------------------------ T y ro n za __________________ Citizens Bank & Trust Company----- «__Van B u re n ______________ Bank o f W aldo_______________________ W a ld o ____________________ 16.8 12.4 10.7 17.3 10.5 12.9 9.9 15.8 10.5 10.5 11.4 13.3 14.3 9.8 9.7 14.4 13.5 16.2 12.8 11.7 11.8 14.0 10.3 10.6 15.5 13.3 14.2 13.6 14.8 20.2 16.1 16.2 10.9 10.0 10.8 12.7 14.5 10.1 10.2 9.9 13.1 11.7 10.0 17.6 16.5 17.1 16.1 17.1 10.2 20.9 13.0 10.4 12.4 9.9 9.9 25 Forty-Fourth Report THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL RESOURCES OF THE 183 ARKANSAS STATE BANKS AND TRUST COMPANIES AS OF JUNE 30, 1058, IS 9.7% : THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE. Name o f Bank Location Percentage The Peoples Bank------------------------------ W a ld o--------------------------------Merchants & Planters Bank--------------- Warren ____________________ Warren Bank-------------------------------------- W arren-------------------------------Bank o f Weiner--------------------------------- W e in e r-------------------------------Bank o f W est Memphis---------------------- W est Memphis ------------------Merchants & Planters Bank----------------W est Memphis ------------------Rice Growers Bank---------------------------- W h eatley___________________ W ilmot State Bank---------------------------- W ilm ot_____________________ Bank o f W ilson--------------------------------- Wilson -------------------------------Cross County Bank---------------------------- Wynne _____________________ The Bank o f Yellville________________ Y e llv ille ____________________ 11.2 9.9 11.7 10.7 12.7 11.2 14.6 14.4 21.1 12.4 14.0 26 State of Arkansas: Bank Department FORTY-FOURTH REPORT of STATEMENT OF ARKANSAS BANKS AND TRUST COMPANIES AS SHOWN BY THE CALL OF JUNE 30, 1958 Cities and towns alphabetically arranged by postoffices Population shown is that given by the 17th census o f the United States 1950 COMMERCIAL BANK AT ALMA, ALMA Population 1,228. Crawford County Chartered January 31,1910. Telephone Number Alma 3441. Transit No. 81-272 Officers W . E. Byars--------------------- President John Y. Burrough Exec. Vice Pres. W . H. Cole__________ Vice President Margaret Adams____________ Cashier Hilda Knight__________ Asst. Cashier Directors Caruth Alexander W. H. Cole E. Bradley McLoud Sieard John V. Burrough C. R. Starbird W . E. Byars STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 415,482.90 U. S. Gov’t, obligations_ 571,000.00 Other bonds and 77,413.67 secu rities____________ Furniture and fixtures — 4,875.13 Banking house ________ 5,250.00 Cash and due from banks 464,814.86 Other resou rces________ 601.40 Total ___ $1,539,437.96 Liabilities Capital s to c k --------------- $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 127,303.07 25,000.00 50,000.00 52,303.07 Demand deposits --------- 1,242,092.91 Time deposits _________ 30,680.00 U. S. Gov’t, deposits____ 32,864.62 Public funds __________ 106,497.36 Total dep. __$1,412,134.89 Total ____ $1,539,437.96 Forty-Fourth Report 27 BANK OP AMITY, AMITY Population 591. Clark County Chartered November 30, 1905. Telephone Number 13. Transit Number 81-287 Officers Directors G. W. Tolleson____________ President John N. Francis G. W . Tolleson John N. Francis______Vice President Joe Floyd Maxey Ed Yeargan Cleda Olds__________________ Cashier Cleda Olds P®ggy Thomasson_____Asst. Cashier STATEMENT OF Resources Doans and discounts___ $ 680,975.74 Overdrafts ____________ 156.94 U. S. Gov’t, obligations_ 500,059.64 Other bonds and secu rities______ 375,001.36 1.00 Furniture and fix tu re s_ Banking house ________ 1.00 Cash and due from banks 633,027.78 Other resou rces__ 469.80 T o ta l________________ $2,189,693.26 JUNE 30. 1958 Liabilities Capital s to c k __________ $ 50,000.00 Surplus fu n d __________ 100,000.00 Undivided p r o fit s ______ 122,008.30 Reserves ______________ 7,000.00 Total capital accounts_$ 279,008.30 Demand deposits ______ 1,066,504.51 770,410.20 Time d e p o sits_________ U. S. Gov’t, d ep osits___ 8,114.63 Public funds __________ 65,655.62 Total d e p ._$1,910,684.96 Total $2,189,693,26 ELK HORN BANK AND TRUST COMPANY, ARKADELPHIA Population 6,819. Clark County Chartered September 28, 1903. Tel. No. CHapel 6-5811. Transit No. 81-133 O fficers Directors J. H. Lookadoo____________President A. C. Stone_______ Exec. Vice Pres. Clarence Hardin______ Vice President J. B. W ingfield_______ Vice President C. C. Lookadoo_______ Vice President W . P. Jones, Jr____________ Cashier W . L. Stover__________ Asst. Cashier Roy <N. Shope_________ Asst. Cashier Merle M. McClain______ Asst. Cashier Curtis Echols John N. Francis Clarence Hardin W. P. Jones, Jr. C. C. Lookadoo G. W. Lookadoo STATEMENT OF Resources Loans and discounts___ $2,167,811.32 O verdrafts_____________ 27.13 U. S. Gov’t, obligations_ 1,676,260.95 Other bonds and secu rities____________ 427,521.21 Furniture and fix tu res_ 41,081.28 Banking house ________ 115,684.47 Cash and due from banks 1,120,182.34 Other resou rces________ 4,978.57 JUNE 30, 1958 Liabilities Capital s to c k __________ $ 125,000.00 125,000.00 Surplus fund __________ Undivided p r o fits ______ 132,217.95 Total capital accounts--$ 382,217.95 T o t a l_________________ $5,553,547.27 J. H. Lookadoo Farrar Newberry A. C. Stone J. P. Sturgis Jack H. Vestal J. B. W ingfield Demand deposits ______ 2,366,821.14 Time d eposits__________ 2,113,634.21 U. S. Gov’t, d ep osits__ 24,427.88 Public funds __________ 436,446.09 Deposits of b an k s______ 230,000.00 Total dep. __$5,171,329.32 T o t a l_________________ $5,553,547.27 28 State of Arkansas: Bank Department MERCHANTS AND PLANTERS BANK AND TRUST COMPANY, ARK ADELP HIA Population 6,819. Clark County Chartered June 15, 1911. Telephone No. CHapel 6-4511. Officers James C. Hobgood________President Jett Black______Vice Pres. & Cashier H. G. Elms__________ Vice President Lottie Watson________ Asst. Cashier Catherine Condray____ Asst. Cashier Transit No. 81-469 Directors Jett Black James C. Hobgood Chas. G. Clark D. W. McMillan Robert C. Rhodes J. H. Crawford Ralph M. Williams H. G. Elms A. D. Gross STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$1,019,148.06 U. S. Gov’t, obligations __ 503,350.00 Other bonds and securities ___________. 510,954.49 Furniture and fixtures — 24,022.50 Banking house -----------39,950.00 Other real e s ta te ______ 2,001.00 Cash and due from banks 489,823.08 Other resou rces________ 1.00 T o ta l________________ $2,589,250.13 Liabilities Capital s to c k __________ $ 100,000.00 Surplus fu n d __________ 100,000.00 Undivided p r o fit s --------52,965.46 Reserves ______________ 3,564.53 Total capital accounts_$ 256,529.99 Demand deposits ______ 1,283,514.81 Time d e p o sits_________ 758,512.30 U. S. Gov’t, deposits____ 45,517.38 Public funds __________ 245,175.65 Total dep. __$2,332,720.14 T o ta l___ ____ $2,589,250.13 BANK OF ASH FLAT, ASH FLAT Population 265. Sharp County Chartered February 20, 1912. Telephone Number 3642. Transit Number 81-499 Officers Odus Carpenter President & Cashier Horace Martin________Vice President Odessa Estes__________ Asst. Cashier Directors Boyd Carpenter Leonard Ferguson Odus Carpenter Horace Martin E. E. Causbie STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 232,084.44 U. S. Gov’t, obligations — 235,000.00 Furniture and fix tu res__ 1.00 Banking house ________ 1.00 Cash and due from banks 185,999.63 Liabilities Capital s to c k __________ ! Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 79,415.59 Demand deposits ______ Time deposits _________ U. S. Gov’t, deposits__ Public funds --------------Total dep. __$ 573,670.48 T o t a l_________________ $ 653,086.07 25.000. 00 25.000.00 29,415.59 435,004.19 87,094.19 3,281.25 48,290.85 T o t a l_________________ $ 653,086.07 Forty-Fourth Report 29 BANK OF ATKINS, ATKINS Population 1,291. Pope County Chartered September 19, 1895. Telephone Number 136. Transit Number 81-215 O fficers J. M. Barker, Jr.__________President C. A. Barker________________ Cashier Minnie Speer__________Asst, Cashier Directors J. M. Barker, Jr. C. A. Barker Minnie Speer STATEMENT OF JUNE 30, 1958 Resources Loans and discounts___ $ 124,414.11 14.01 Overdrafts ____________ U. S. Gov’t, obligations_ 485,000.00 Other bonds and secu rities____________ 5,000.00 Furniture and fix tu res_ 3.700.00 Banking house ________ 5.250.00 Cash and due from banks 197,107.85 T o ta l________________ $ 820,485.97 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts—$ 117,175.66 30,000.00 15,000.00 72,175.66 Demand deposits ______ U, S. Gov’t, deposits___ Public funds __________ Total dep. __$ 703,310.31 649,531.86 3,953.79 49,824.66 T o ta l________________ $ 820,485.97 THE BANK OF AUGUSTA, AUGUSTA Population 2,317. W oodruff County Chartered February 20, 1935. Telephone Number 1. Transit Number 81-718 Officers George L. Beard---------------President R. E. Gregory________Vice President W . T. Mills, Jr.-------------------- Cashier Dorothy W illis________Asst. Cashier 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. 1958 Resources Loans and discounts------$1,061,158.09 Overdrafts ____________ 1,138.04 U. S. Gov’t, obligations __ 167,841.50 Other bonds and secu rities____________ 479,302.84 Furniture and fix tu re s_ 2,000.00 Banking house ________ 1,800.00 Cash and due from banks 333,130.34 Other resources _______ 1,335.03 Liabilities Capital s to c k __________ $ 75,000.00 Surplus fu n d __________ 100,000.00 Undivided p r o fits ______ 111,667.62 Total capital accounts_$ 286,667.62 Demand deposits ______ 1,292,893.98 Time D ep osits_________ 315,782.40 U. S. Gov’t, d ep osits___ 28,259.59 Public funds __________ 111,982.72 Total dep. __$1,748,918.69 Other lia b ilities------------ T o t a l_________________ $2,047,705.84 12,119.53 T o t a l_________________ $2,047,705.84 30 State of Arkansas: Bank Department CITIZENS STATE BANE, BALD ENOB Population 2,022. White County Chartered January 22, 1931. Telephone Number 14. Transit Number 81-673 Officers Directors E. D. Williams__President & Cashier W . H. Collison H. A. W hitley T. W. Leggett______ Vice President Jennings Leggett E. D. Williams H. A. "Whitley_______Vice President Mildred N. Hall_______Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 170,738.51 Capital s to c k __________ $ 50,000.00 U. S. Gov’t, obligations __ 1,012,550.00 Surplus fu n d --------------50,000.00 Other bonds and 30,700.50 Undivided p r o fit s ______ 50,000.00 secu rities-----------------88,615.23 Reserves ---------------------Furniture and fixtures — 1,000.00 Total capital Banking house ---------------6,000.00 accounts_$ 180,700.50 Cash and due from banks 559,665.36 Demand deposits ______ 1,427,189.37 Time deposits _________ 8,300.00 U. S. Gov’t, d ep osits___ 18,697.02 138,325.98 Public funds __________ Deposits o f b an k s--------65,356.23 Total dep. —$1,657,868.60 T o ta l________________ $1,838,569.10 T o ta l________________ $1,838,569.10 THE CITIZENS BANE, BATESVILLE Population 6,414. Independence County Chartered February 19, 1953. Telephone Number 1412. Transit Number 81-773 Officers Directors J. E . Southerland_______ President S. M. Bone N. E . Sims John Moody__________ Vice President M. A. Conyers J. E. Southerland M. A. Conyers_____________ Cashier John Moody Eagle Street Marean Pearson_______ Asst. Cashier Mark M. Davis________Asst. Cashier Edna Lee Morgan_____Asst. Cashier STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discounts------$1,268,178.29 Capital s to c k --------------- $ 100,000.00 100,000.00 Overdrafts ------------------902.52 Surplus fu n d __________ U. S. Gov’t, obligations __ 230,512.50 Undivided p r o fits --------9,933.84 Total capital Other bonds and aceounts__$ 209,933.84 secu rities------------------- 392,944.46 Furniture and fixtures — 26,146.20 Bulking house -----------48,191.97 Demand deposits ______ 1,386,266.04 Cash and due from banks 635,007.51 Time deposits -------------- 624,674.25 19,558.98 Other resou rces-----------6,39459 U. S. Gov’t, d ep osits___ Public funds __________ 157,815.31 Deposits o f b a n k s______ 210,029.62 Total dep. —$2,398,344.20 T o t a l_________________ $2,608,278.04 T o t a l_________________ $2,608,278.04 Forty-Fourth Report 31 THE CITIZENS BANK, BEARDEN Population 1,300. Ouachita County Chartered June 17, 1945. Telephone Number 129. O fficers Garland Anthony_________ President J. W . Gossett_______Vice President Hugh Thompson_____________ Cashier Harold Mizell_________ 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, 1958 Resources Loans and discounts___ $ 266,924.46 Overdrafts ____________ 5,886.80 U. S. Gov’t, obligations_ 130,000.00 Other bonds and secu rities______ 202,373.57 Furniture and fix tu res_ 7,210.68 Other real e s ta te ______ 1.00 Cash and due from banks 295,129.52 Other resou rces__ 600.00 T o ta l________________ $ 908,126.03 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fit s ______ Total capital accounts_$ 111,017.56 25,000.00 60,000.00 26,017.56 Demand deposits ______ U. S. Gov’t, d ep osits___ Public funds __________ Total dep. 797,108.47 671,514.98 2,096.33 123,497.16 T o ta l________________ $ 908,126.03 CITIZENS BANK, BEEBE Population 1,192. White County Chartered June 21,1917. Telephone Number TA 8-5471. Transit Number 81-588 O fficers T. E. Abington____________ President J. R. Sloan_________ Vice President Anna Boardman_____________ CasUez Directors Catherine C. Abington Frank Garrison E. H. Abington I. N. Kelley T. E. Abington J. R. Sloan H. M. Dodds STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 468,898.43 569.6® Overdrafts ____________ U. S. Gov’t, obligations — 324,102.75 Other bonds and secu rities____________ 52,000.00 211.25 Furniture and fixtures __ 1.00 Banking house ________ 1.00 Other real e s ta te --------Cash and due from banks 188,219.11 Other resou rces-----------5,264.50 T otal _ $1,039,267.64 Liabilities Capital s to c k __________ $ Surplus fu n d --------------Undivided p r o fits --------Reserves ---------------------Total capital accounts—! 119,754.96 25,000.06 25,000.00 19,754.96 50,000.00 Demand deposits --------Time d eposits--------------Public funds __________ Total dep. __$ 919,512.68 780,524.46 66,937.70 72,050.52 T otal $1,039,267.64 32 State of Arkansas: Bank Department BENTON STATE BANK, BENTON Population 6,277. Saline County Chartered February 9, 1934. Telephone No. SPring 8-2591. Transit No. 81-711 Officers Directors Dr. H. B. Alsobrook H. J. Gingles W . R. Alsobrook_________ President W. R. Alsobrook W. A. Springer W . A. Springer______ Vice President D. J. Stirman B. J. Ford___________Vice President W yatt Crawford Van H. W right Van H. W right______________ Cashier Clyde E. Fish Carl W right__________Asst. Cashier B. J. Ford Leonard Ayers_________ Asst. Cashier STATEMENT OF Resources Loans and discounts___ $2,080,878.44 U. S. Gov’t, obligations __ 3,164,085.98 Other bonds and secu rities____________ 910,702.12 Furniture and fixtures — 39,989.30 2,987.47 Banking house ________ Cash and due from banks 1,951,381.03 Other resou rces________ 226.89 JUNE 30, 1958 Liabilities Capital s to c k __________ $ 300,000.00 Surplus fund --------------300,000.00 Undivided p r o fit s ______ 55,121.96 2,747.70 Reserves ______________ Total capital accounts_$ 657,869.66 Demand deposits ______ 3,428,323.65 Time deposits -------------- 2,993,824.38 U. S. Gov’t, deposits — 174,273.01 Public funds __________ 641,652.85 Deposits o f b a n k s _____ 187,055.56 Total dep. __$7,425,129.45 Other liabilities _______ Total .$8,150,251.23 67,252.12 T o ta l________________ $8,150,251.23 THE UNION BANK OF BENTON, BENTON Population 6,277. Saline County Chartered January 11, 1954. Telephone No. SPring 8-4518. Transit No. 81-774 Officers Directors T. H. Duke------------------------- President Henry Brown J. W . Lewellen Henry Brown_______ Vice President T. H. Duke I. E. McCray, Sr. Henry Finkbeiner___ Vice President Henry Finkbeiner J. E. Nutt, Sr. Ralph N e a v ille _____________ Cashier Bob Gregory__________ Asst. Cashier STATEMENT OF JUNE 30. 1958 Resources Liabilities Loans and discounts------$ 835,775.34 Capital s to c k __________ $ 100,000.00 U. S. Gov’t, obligations_ 580,384.29 Surplus fund __________ 50,000.00 52,342.48 Undivided p r o fits --------Other bonds and 475,166.38 Total capital secu rities____________ aceounts__$ 202,342.48 Furniture and fixtu res_ 21,212.70 Banking house ________ 1,414.70 Cash and due from banks 814,831.80 Demand deposits ______ 1,450,230.01 _______ 804,983.98 Other resou rces-----------300.00 Time deposits U. S. Gov’t, deposits — 1,050.00 Public funds --------------270,478.74 Total dep. __$2,526,742.73 T otal _________________ $2,729,085.21 T o t a l_________________ $2,729,085.21 S3 Forty-Fourth Report BANK OF BENTONVILLE, BENTONVILLE Population 2,942. Benton County Chartered February 25, 1931. Telephone Number 149. Transit Number 81-701 Officers John D. W right___________ President Fred Douglas Vice Pres. & Cashier Orie Lee Craig________Asst. Cashier V . C. Rife, Jr_______ Asst. Cashier Fred Douglas W. H. Enfield Melvin Hall Directors Carl Hutchens John D. W right STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts____$1,787,907.35 Capital s to c k __________ $ 100,000.00 100,000.00 1,708.12 Surplus fu n d __________ Overdrafts ____________ Undivided p r o fits ______ 72,063.23 U. S. Gov't, obligations______________ 682,862.19 Total capital Other bonds and accounts_$ 272,063.23 secu rities____________ 412,012.71 Furniture and fix tu re s______________17,000.00 Banking house ________ 3,500.00 Demand deposits ______ 2,426,067.81 Other real e s ta te __________________ 1.00Time deposits _________ 674,538.09 Cash and due from banks 928,245.87 U. S. Gov’t, deposits____ 34,131.16 Public funds __________ 326,436.95 Deposits o f b a n k s_____ 100,000.00 Total dep. __$3,561,174.01 T o ta l________________ $3,833,237.24 T o ta l________________ $3,833,237.24 BANK OF BLEVINS, BLEVINS Population 271. Hempstead County Chartered August 12, 1912. Telephone Number 2274. Transit Number 81-518 Officers Herbert M. Stephens---------President P . C. Stephens______________ Cashier Directors Harold M. Stephens P. C. Stephens Herbert M. Stephens STATEMENT OF JUNE 30, 1958 Resources Xoans and discounts------$ 123,342.20 U. S. Gov’t, obligations __ 111,000.00 Other bonds and secu rities-----------------27,816.00 Furniture and fixtures — 1,482.00 Banking h o u se_________ 1.00 Cash and due from banks 117,019.79 •Other resou rces________ 409.28 T otal $ 381,070.27 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 63,847.50 25,000.00 25,000.00 11,899.70 1,947.80 Demand deposits ______ Time d eposits__________ U. S. Gov’t, d ep osits___ Public funds __________ Total dep. __$ 317,222.77 240,984.85 44,569.00 4,656.25 27,012.67 Total $ 381,070.27 34 State of Arkansas: Bank Department FARMERS BANK AND TRUST COMPANY, BLYTHEVILLE Population 16,234 Mississippi County Chartered March 16, 1908. Telephone No. POplar 3-8101. Transit No. 81-105 B. R. F. R. R. B. L. H. O fficers A . Lynch______________ President A. Porter_________ Vice President E. Warren_______ Vice President L. Banister______________ Cashier G. Cox____________ Asst. Cashier D. Grimes_________ Asst. Cashier A. Crowe__________ Asst. Cashier N. W hitis_________ Asst. Cashier Directors J. L. Cherry R. C. A. Cunningham B. I. R. Johnson F. Chas. C. Langston L. B. A. Lynch A. Porter S. Simmons E. Warren H. Welch STATEMENT OF JUNE 30, 1958 Liabilities Resources Capital s to c k __________ $ 200,000.00 Loans and discounts- $4,426,769.56 Overdrafts ____________ 1,682.85 Surplus fu n d __________ 1,000,000.00 U. S. Gov’t, obligations __ 2,972,968.75 Undivided P r o fits ______ 167,476.70 Other bonds and Reserves ______________ 68,467.85 Total capital secu rities--------723,121.83 accounts_$1,435,944.55 29,452.56 Furniture and fix tu res_ Banking house ________ 40,000.00 Cash and due from banks 1,204,565.32 Demand deposits ______ 5,231,674.30 Time deposits _________ 2,095,272.28 51,017.57 Other resou rces--U. S. Gov’t, deposits____ 155,752.93 Public funds __________ 431,339.81 67,019.00 Deposits o f b an k s______ Total dep. __$7,981,058.47 Other liabilities _______ Total $9,449,578.44 32,575.42 T o ta l________________ $9,449,578.44 CITIZENS BANK, BOONEVILLE Population 2,433. Logan County Chartered April 18, 1910. Telephone 'Number 274. Transit Number 81-195 Officers Mrs. Long John Williams—President George R. Edwards------Vice President Abe W illiams_Vice Pres. & Cashier Directors George R. Edwards Mrs. Long John Abe Williams W illiams Paul X. W illiams STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 582,963.00 Capital s to c k --------------- $ 50,000.00 Overdrafts ____________ 8,738.42 Surplus fu n d ___________ 50,000.00 U. S. Gov’t, obligations_ 1,136,000.00 Undivided p r o fits ______ 128,055.95 Other bonds and Total capital secu rities____________ 981.00 accounts—$ 228,055.95 Furniture and fix tu res_ 1.00 ------------------Banking house -----------2,000.00 Demand deposits ---------- 1,968,220.93 Other real e s ta te ______ 3.00 U. S. Gov’t, deposits------12,045.05 Cash and due from banks 605,064.27 Public funds ---------------127,428.76 Total dep. __$2,107,694.74 T o t a l_________________ $2,335,750.69 T o t a l---------------------------$2,335,750.69- 85 Forty-Fourth Report THE BANK OF BRADLEY, BRADLEY Population 444. Lafayette County Chartered April 10, 1933. Telephone Number 2351. Transit Number 81-513 O fficers J. B. Edwards------------------President W . T. Murphy, Jr-----Vice President J. W. Meek-------------------------- Cashier J. W. Meek, Jr________ Asst. Cashier J. B. Edwards L. B. Hamner J. W. Meek Directors J. W. Meek, Jr. James R. Murphy W. T. Murphy, Jr. STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ 327,450.15 146.66 O verdrafts_____________ U. S. Gov’t, obligations_ 304,916.88 Other bonds and secu rities____________ 38,569.12 Furniture and fixtu res_ 3,799.64 200.00 Banking house ________ Other real e s ta te ______ 3.00 Cash and due from banks 322,472.21 T o ta l________________ $ 997,557.66 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 113,507.16 25,000.00 25,000.00 63,507.16 Demand deposits ______ Time d e p o sits_________ U. S. Gov’t, deposits — Public funds __________ Total dep. __$ 884,050.50 561,824.51 162,752.03 14,448,99 145,024.97 T o ta l________________ $ 997,557.66 BANK OF BRINKLEY, BRINKLEY Population 4,173. Monroe County Chartered January 17, 1903. Telephone Number 31. Transit Number 81-191 O fficers Directors A. L. Rusher_____________ President Frank Andrews E. D. McKnight John F. Cole___ Exec. Vice President John F. Cole A. L. Rusher Frank Andrews______Vice President L. C. Dial J. B. Sharp R. H. M idkiff______________ Cashier Mildred Dickson________Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$1,420,634.77 O verdrafts-------------------1,128.63 U. S. Gov’t, obligations__ 439,000.00 Other bonds and secu rities____________ 584,411.10 Furniture and fix tu res_ 19,000.00 Banking house ________ 29,250.00 Cash and due from banks 688,963.64 Other resou rces________ 817.70 Liabilities Capital s to c k __________ $ 50,000.00 Surplus fu n d __________ 150,000.00 Undivided p r o fits ______ 66,025.08 Reserves ______________ 3,000.00 Total capital accounts_$ 269,025.08 Demand d e p o s its______ 1,977,863.51 Time d e p o sits_________ 709,723.85 U. S. Gov’t, d ep osits___ 35,699.12 Public funds __________ 189,584.45 Total dep. __$2,912,870.93 Other lia b ilities________ T o t a l_________________ $3,183,205.84 1,309.83 T o ta l-------------------------- $3,183,205.84 86 State of Arkansas: Bank Department BANK OF CABOT, CABOT Population 1,147. Lonoke County Chartered March 23,1903. Telephone No. BAldwin 4-2891. Transit No. 81-304 Officers Fred B. Garlington________President Mrs. Marvin Park—V. Pres. & Cashier James M. Park------- Asst. Vice Pres. Cecil T. Owen_________Asst. Cashier Directors J. C. Alexander Mrs. Marvin Park W. T. Barnwell Lewis T. See Fred B. Garlington J. D. Wood Jake W. Lowman STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ O verdrafts_____________ U. S. Gov’t, obligations __ Other bonds and secu rities____________ Furniture and fix tu res_ Banking house ________ Other real e s ta te ______ Cash and due from banks 946,371.05 189.87 702,787.00 266,050.14 3,970.70 1.00 1.00 647,574.48 T o ta l________________ $2,566,945.24 Liabilities Capital s to c k --------------- $ 50,000.00 Surplus fund __________ 50,000.00 Undivided p r o fit s ______ 129,026.07 Reserves ---------------------17,465.10 Total capital accounts_$ 246,491.17 Demand deposits ______ 1,653,477.14 Time d e p o sits-------------- 581,385.19 U. S. Gov’t, d ep osits___ 29,101.33 Public funds __________ 56,490.41 Total dep. —$2,320,454.07 T o ta l________________ $2,566,945.24 STATE BANK OF CALICO ROCK, CALICO ROCK Population 963. Chartered May 1, 1914. Izard County Telephone Number 4. Officers Dr. Noel J. Copp--------------- President Gulley R. Seay_______Vice President E. C. Rodman______________Cashier Mrs. Boyce Hicks______Asst. Cashier Transit Number 81-305 Directors Dr. Noel J. Copp E. C. Rodman S. E. McNeill Gulley R. Seay STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ 341,869.97 691.23 O verdrafts_____________ U. S. Gov’t, obligations __ 760,500.00 Other bonds and secu rities-----------------6,000.00 Furniture and fixtures — 1.00 Banking house -----------1.00 Other real e s ta te --------3.00 Cash and due from banks 407,365.28 Other resources _______ 1,361.00 T o ta l___ _____________ $1,517,792.48 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts—$ 142,066.15 25,000.00 90,000.00 27,066.15 Demand deposits ______ 1,350,137.83 Time deposits _________ 7,714.27 Public funds --------------17,874.23 Total dep. —$1,375,726.33 Total $1,517,792.48 Forty-Fourth Report m THE MERCHANTS AND PLANTERS BANK, CAMDEN Population 11,372. Ouachita County Chartered March 4, 1931. Telephone No. TEmple 6-2930. Transit No. 81-96 Officers Directors E. L. Harrison C. I. Grayson_____________ President Mike Berg H. T. Patton H. T. Patton_________Vice President J. W. Coan John C. Watts J. W . Coan_________________ Cashier E. W. Copeland P. W. Wooldridge O. G. Burnham_______ Asst. Cashier C. I. Grayson E. L. Harrison_______ Asst. Cashier P. W. W ooldridge_____ Asst. Cashier STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discounts____$ 959,617.04 Capital s to c k __________ $ 100,000.00 50,000.00 U. S. Gov’t, obligations __ 1,333,000.00 Surplus fu n d __________ Undivided p r o fits ______ 395,015.14 Other bonds and 100,000.00 secu rities____________ 1,664,372.68 Reserves ______________ Furniture and fix tu res_ 1.00 Total capital accounts_$ 645,015.14 Cash and due from banks 1,698,660.36 Other resou rces________ 1.00 Demand d e p o s its--------- 3,848,793.12 Time deposits _________ 892,187.06 U. S. Gov’t, d ep osits___ 42,725.30 Public funds __________ 223,838.60 Deposits o f ban k s______ 3,092.86 Total d e p ._$5,010,636.94 Total $5,655,652.08 Total $5,655,652.08 CITIZENS BANK, CARLISLE Population 1,396. Lonoke County Chartered December 22, 1930. Telephone Number 2111. Transit Number 81-689 Officers Directors A. H. Hunt_______________ President A. W. Birdsong E. L. Morris C. W . Harper__ Exec. Vice President F. E. Downs, Jr. F. M. Perkins and Cashier C. W. Harper H. L. Perkins M. S. W oodruff______ Asst. Cashier A. H. Hunt Mary Burnett_________Asst. Cashier STATEMENT OF Resources Loans and discounts____$ 540,649.01 O verdrafts_____________ 149.08 U. S. Gov’t, obligations__ 598,500.00 Other bonds and secu rities____________ 314,963.63 Furniture and fix tu res__ 8,205.61 Banking house ________ 12,500.00 Cash and due from banks 433,692.07 T o ta l___ ____ $1,908,659.40 JUNE 30. 1958 Liabilities Capital s to c k __________ $ 50,000.00 Surplus fu n d __________ 50,000.00 Undivided p r o fits ______ 104,903.20 5,000.00 Reserves ______________ Total canital accounts_$ 209,903.20 Demand deposits ______ 1,471,695.83 Time deposits _________ 111,654.20 U. S. Gov’t, d ep osits___ 31,318.62 Public funds __________ 73,136.41 Total dep. __$1,687,805.06 Other liabilities _______ T otal 10,951.14 $1,908,659.40 38 State of Arkansas: Bank Department BANK OF CAYE CITY, CAYE CITY Population 372. Chartered July 2, 1906. Sharp County Telephone Number 2311. Officers Eagle Street______________ President Eugene Street________Vice President Carl D. Medloek____________ Cashier Nina Medloek_________Asst. Cashier Transit Number 81-310 Directors J. A. Carpenter Eagle Street C. L. Hoggard James Street Eugene Street STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 435,573.61 O verdrafts_____________ 2,121.88 67,000.00 U. S. Gov’t obligations_ Other bonds and secu rities____________ 182,911.30 Furniture and fixtu res__ 1,000.00 Banking house ________ 3,500.00 Cash and due from banks 305,346.48 T o ta l________________ $ 997,453.27 Liabilities Capital stock $ Surplus fund Undivided profits Total capital accounts_$ 91,265.02 Demand deposits Time deposits _ U. S. Gov’t, deposits — Public funds Total dep. —$ 906,188.25 25,000.00 50,000.00 16,265.02 595,960.03 232,692.78 6,300.00 71,235.44 T o ta l________________ $ 997,453.27 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 McLoud Sicard B. H. McDonald Sam B. Stevinson H. E. Shumate STATEMENT OF JUNE 30. 1958 Resources Loans and discounts------$ O verdrafts_____________ U. S. Gov’t, obligations_ Other bonds and secu rities-----------------Furniture and fix tu res_ Banking house ________ Cash and due from banks Other resou rces________ 660,603.59 179.13 329,836.88 242,887.88 5,000.00 4,000.00 473,361.50 1.00 T o ta l_________________ $1,715,869.98 Liabilities Capital s to c k --------------- $ 25,000.00 Surplus fu n d __________ 50,000.00 Undivided p r o fits --------140,166.91 Total capital accounts_$ 215,166.91 Demand deposits --------- 1,162,570.55 Time deposits _________ 281,532.22 U. S. Gov’t, d ep osits___ 6,915.51 Public funds __________ 41,990.17 Total dep. __$1,493,008.45 Other lia b ilities________ 7,694.62 T o ta l_________________ $1,715,869.98 39 Forty-Fourth Report BANK OF CHERRY VALLEY, CHERRY VALLEY Population 521. Cross County Chartered January 24,1907. Telephone Number 2391. Transit Number 81-313 Officers W . Maurice Smith------Chm. o f Board W. Maurice Smith, Jr______ President H. H. Beasley__ Exec. Vice President J. R. Gavin_________________ Cashier Directors H. H, Beasley H. P. Maddox, Sr. Millard CarterW. Maurice Smith R. L. Ellis W. Maurice Smith, Jr. STATEMENT OF JUNE 30, 1958 Resources Loans and discounts___ $ 706,785.46 O verdrafts_____________ 230.38 TJ. S. Gov’t, obligations_ 150,000.00 Other bonds and secu rities____________ 1,888.23 1.00 Furniture and fix tu res_ Banking house ________ 1.00 Cash and due from banks 157,779.10 Other resou rces________ 159.86 T o ta l________________ $1,016,845.03 Liabilities Capital s to c k __________ $ 25,000.00 Surplus fund __________ 25,000.00 Undivided p r o fits ______ 107,839.26 Total capital accounts_$ 157,839.26 Demand deposits ______ Time deposits _________ U. S. Gov’t, d ep osits___ Public funds __________ Total dep. __$ 859,005.77 648,457.36 129,508.39 5,820.39 75,219.63 T o ta l________________ $1,016,845.03 BANK OF CHIDESTER, CHIDESTER Population 425. Ouachita County Chartered April 29, 1909. Tel. Number OVerbrook 5-2261. Transit No. 81-314 Officers W . G. Rushing------------------ President C. B. Clingan_______ Vice President Thos. H. Benton_____ Vice President H. B. Yarbrough____________ Cashier Mrs. Mary G. W ylie— Asst. Cashier Directors Thomas H. Benton W. G. Rushing C. B. Clingan Beulah R. Taylor Roy E.Holleman J. T. Walker, Sr. Edgar B. Rushing STATEMENT OF JUNE 30, 1958 Resources Loans and discou n ts__ $ 83,068.25 Overdrafts -----------------147.44 U. S. Gov’t, obligations _ 181,000.00 Other bonds and 12,847.90 securities ___________ 1,100.00 Banking house -----------Cash and due from banks 112,732.86 732.84 Other resources ---------- T otal .$ 391,629.29 Liabilities Capital s to c k --------------- $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts—$ 41,461.33 Demand deposits ______ Time deposits _________ U. S. Gov’t, deposits — Public funds --------------Total dep— $ 350,167.96 T otal 25,000.00 5,000.00 11,461.33 260,388.86 29,200.00 5,189.27 55,389.83 .$ 391,629.29 40 State of Arkansas: Bank Department THE MERCHANTS AND PLANTERS BANK, CLARENDON Population 2,547. Monroe County Chartered July 23, 1890. Telephone Number 18. Transit Number 81-164 Directors Officers Dorothy Palmer S. J. Dean________________ President W. W. Bateman M. L. Dickerson___ Exec. Vice Pres. S. J. Dean Ross Reynolds & Cashier M. L. Dickerson W. W. Bateman_____ Vice President Ross Reynolds-----------Viee President Pat McKay___________Asst. Cashier Dorothy Palmer______ Asst. Cashier STATEMENT OF Resources Loans and discounts------$ 918,260.19 Overdrafts -----------------1,639.01 U. S. Gov’t, obligations— 112,087.50 Other bonds and securities ----------------- 535,676.18 Furniture and fixtures — 15,030.37 Cash and due from banks 394,968.03 Total ------------------ $1,977,661.28 JUNE 30, 1958 Liabilities Capital stock --------------$ 100,000.00 75,000.00 Surplus fund _ 19,769.80 Undivided p r o fits ______ Reserves _____________ 1,000.00 Total capital accounts—$ 195,769.80 Demand deposits --------- 1 ,155,175.41 230,327.10 Time deposits ------------296,388.97 Publie funds — ------Total dep. __$1,681,891.48 Borrowed m on ey_______ 100,000.00 Total _______________ $1,977,661.28 CLINTON STATE BANK, CLINTON Population 853. Van Buren County Chartered October 16, 1946. Telephone No. PI 5-3141. Transit umber 81-758 Officers Directors Howard Johnson— ------- President Homer Brown Howard Johnson Vice President C. M. Horton C. M. Horton______ Roy Lefler Garner M. Johnson. _______Cashier Garner M. Johnson Arthur Lewis _Asst. Cashier Dois G. Johnson— _Asst. Cashier Gladys Hall---------_Asst. Cashier Josephine Smith__ STATEMENT OF Resources Loans and discounts------$ 462,444.48 U. S. Gov’t obligations — 800,562.50 Other bonds and securities ----------------- 263,874.98 Furniture and fixtures — 7,500.00 Banking house ________ 5,000.00 Cash and due from banks 479,000.31 T otal $2,018,382.27 JUNE 30, 1958 Liabilities Capital s to c k --------------- $ 50,000.00 Surplus fu n d -----------------50,000.00 Undivided p r o fits ______ 112,243.60 Reserves ------------------------20,000.00 Total capital accounts-_$ 232,243.60 Demand deposits ______ 1,628,543.50 U. S. Gov’t, deposits — 20,631.40 Public funds __________ 136,963.77 Total dep .—$1,786,138.67 T otal $2,018,382.27 Forty-Fourth Report 41 FIRST STATE BANK, CONWAY Population 8,610. Faulkner County Chartered February 8, 1946. Telephone Number 390. Transit Number 81-754 Officers Directors Thos. G. W ilson____________President J. R. Edwards W. D. Ketcheside J. R. Ott____________ Vice President Edward A. Halter J. R. Ott Rogers C. Moore____________ Cashier W. E. Jumper Thos. G. Wilson Mrs. Jane Thomas____ Asst. Cashier Pat Lea_______________Asst. Cashier STATEMENT OF JUNE SO. 1958 Resources Liabilities Loans and discounts___ $1,515,310.00 Capital s to c k __________ $ 100,000.00 U. S. Gov’t, obligations __ 1,385,312.48 Surplus fu n d __________ 100,000.00 Other bonds and Undivided p r o fit s ______ 117,049.42 secu rities____________ 1,031,779.12 Reserves ______________ 29,973.00 Furniture and fixtures __ 12,397.73 Total capital Banking h ou se_________ 8,384.00 accounts_$ 347,022.42 Cash and due from banks 1,066,597.49 Other resou rces________ 17,621.60 Demand d ep osits_______ 2,936,350.14 Time d e p o sits_________ 1,362,185.71 76,725.86 U. S. Gov’t, d ep osits___ Public funds __________ 311,539.67 3,578.62 Deposits of b a n k s------Total dep. __$4,690,380.00 T o ta l________________ $5,037,402.42 T o ta l________________ $5,037,402.42 THE CORNING RANK, CORNING Population 2,045. Clay County Chartered January 29, 1931. Telephone No. UL 7-3261. Transit Number 81-211 O fficers Directors Sam L. Manatt_____________President John O. Black Sam L. Manatt Mrs. Sam L. Manatt__Vice President L. G. Black Mrs. Sam L. Manatt F. B. Manatt_________ Vice President M. G. Hoffman Sam L. Manatt, Jr. Sam L. Manatt, Jr____ Vice President F. B. Manatt & Cashier C. E. Headley, Jr._____ Asst. Cashier Edith Toalson__________ Asst. Cashier Jim Vinson_____________Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts____$1,794,863.01 Capital s to c k __________ $ 100,000.00 U. S. Gov’t, obligations_ 611,041.64 Surplus fu n d __________ 100,000.00 Other bonds and Undivided p r o fits ______ 62,204.09 secu rities____________ 106,478.97 Total capital aecounts__$ 262,204.09 Furniture and fixtures — 14,000.00 Banking h ou se_________ 17,000.00 Cash and due from banks 639,749.51 Demand d ep osits________ 2,310,331.87 Time deposits _________ 453,061.53 U. S. Gov’t, d ep osits___ 8,482.56 Public funds --------------123,816.31 Deposits of b an k s______ 25,236.77 Total d e p ._$2,920,929.04 T o t a l_________________ $3,183,133.13 T o t a l_________________ $3,183,133.13 42 State of Arkansas: Bank Department BANK OF CROSSBTT, CROSSETT Population 4,619* Ashley County Chartered December 22,1913. Telephone No. FOrest 4-4163. Transit No. 81-321 O fficers Directors P. F. W atzek________ Chm. o f Board J. C. Carpenter Wm. C. Norman J. Ben Posey Wm, C. Norman__________ President Roy Dooley S, V. Sihvonen J. Ben Posey_________ Vice President J. T. Erwin P. F. Watzek A. F. Johnson________ Vice President A. F. Johnson S. A. Wileoxon J. N. Lovett________________ Cashier R. P. Meredith R. D. Harper_________ Asst. Cashier C. E. Hannum____________ Treasurer STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discounts____$1,207,218.36 Capital s t o c k __________ $ 200,000.00 225,000.00 O verdrafts_____________ 7.07 Surplus fu n d --------------U. S. Gov’t, obligations __ 4,015,964.74 Undivided p r o fit s --------- 107,240.23 Reserves ______________ 14,197.01 Other bonds and secu rities____________ 1,018,237.28 Total capital accounts_$ 546,437.24 Furniture and fix tu res_ 48,188.63 Banking house ________ 96,066.53 Cash and due from banks 1,299,196.54 Demand d ep osits----------- 4,384,268.10 Time d eposits__________ 1,878,118.66 U. S. Gov’t, deposits____ 199,147.97 Public funds __________ 594,552.41 Total dep. __$7,056,087.14 Other lia b ilities-----------T o ta l___ $7,684,879.15 Total 82,354.77 $7,684,879.15 DANVILLE STATE BANK, DANVILLE Population 829. Yell County Chartered October 3, 1930. Tel. No. HYatt 5-2236. Transit Number 81-700 Officers Directors John Ed Chambers________President H. W. Burnham J. W. Hull Neil Sims____________ Vice President J. E. Chambers Joe Ray Neil Sims Jim Bill Gatlin______________ Cashier John Ed Chambers Selma C. Gatlin________Asst. Cashier Jim Bill Gatlin W inifred N. Pledger___Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts____$ 605,521.47 Capital s to c k __________ $ 35,000.00 U. S. Gov’t, obligations __ 447,565.15 Surplus fu n d --------------40,000.00 Other bonds and 99,122.64 Undivided p r o fits --------secu rities____________ 245,381.45 Total capital Furniture and fix tu res_ 2,088.58 accounts—$ 174,122.64 Banking h o u se_________ 53,854.05 Cash and due from banks 382,171.77 Demand deposits ______ 1,042,345.48 Other resou rces________ 1.00 Time d ep osits--------------262,427.62 U. S. Gov’t, deposits — 11,626.11 Public funds --------------246,061.62 Total dep. —$1,562,460.83 ___ $1,736,583.47 T o t a l___ T otal $1,736,583.47 43 Forty-Fourth Report BANK OP DARDANELLES, DARDANELLE Population 1,772. Yell CountyChartered September 12, 1934. Tel. No. CA 9-3228. O fficers J. C. Woodson------------------ President John L. Hamilton_____Vice President Robert L. Holland__________Cashier Lowell Dean Birkhead_Asst. Cashier Transit Number 81-599 Directors C. R. George Jimmie W allis John L. Hamilton J. C. Woodson STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ 606,349.16 O verdrafts_____________ 262.26 U. S. Gov’t, obligations_ 869,260.25 Other bonds and secu rities-----------------40,573.04 Furniture and fix tu res_ 5,000.00 Banking house ________ 4.000.00 Cash and due from banks 366,073.25 Other resou rces________ 551.30 T o ta l________________ $1,892,069.26 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 161,043.49 50,000.00 50,000.00 61,043.49 Demand deposits ______ 1,061,329.55 Time deposits _________ 518,201.31 U. S. Gov’t, d ep osits___ 22,956.76 Public funds __________ 128,538.15 Total dep. __$1,731,025.77 T o ta l________________ $1,892,069.26 DECATUR STATE BANK, DECATUR Population 350. Chartered May 27, 1954. Benton County Telephone Number 103. Officers Edgar T. Parker___________ President Lloyd E. Peterson___ Vice President Irvmg N. Hepner____________ Cashier Jewell Jones-------------- Asst. Cashier Lorena Wilmoth--------- Asst. Cashier Transit Number 81-775 Directors C. Jimmie Carter Charles T. North Charles L. Daves Edgar T. Parker C. Tom Edmiston D. Mae Peterson I. N. Hepner Lloyd E. Peterson J. R. Kincaid A. D. Shultz STATEMENT OP JUNE 30, 1958 Resources Loans and discounts____$ 356,709JO O verdrafts-------------------5.39 U. S. Gov’t, obligations __ 349,482.08 Other bonds and secu rities____________ 32,688.50 Furniture and fixtures — 8,400.00 Cash and due from banks 476,839.96 Other resou rces________ 1.00 T otal $1,224,126.13 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits --------Reserves ______________ Total capital accounts_$ 100,654.62 40,000.00 20,000.00 34,653.67 6,000.95 Demand deposits --------- 1,050,978.17 Time deposits _________ 1,600.00 U. S. Gov’t, d ep osits___ 27,347.41 Public funds --------------43,545.93 Total dep. __ $1,123,471.51 Total $1,224,126.13 44 State of Arkansas: Bank Department BANK OF DELIGHT, DELIGHT Population 574. Pike County Chartered June 16, 1911 Telephone No. Essex 9-4141 Transit Number 81-326 Officers Cecil E. Johnson, Jr.______ President Olen Hendrix________Vice President D. C. Humphry_____________ Cashier Edna Johnson________ Asst. Cashier Dorothy Parks_______ Asst. Cashier Directors Olen Hendrix C. E. Reid D. C. Humphry W inston Reid Cecil E. Johnson, Jr, STATEMENTS OF JUNE 30, 1958 Resources Liabilities Loans and discou n ts__ $ 256,663.42 Capital stock _________ $ Overdrafts ____________ 69.88 Surplus fund _________ U. S. Gov’t, obligations _ 254,681.50 Undivided p r o fit s ------Other bonds and Total capital accounts_$ 90,569.26 securities __________ 54,408.80 Furniture and fixtures _ 6,336.39 Banking h o u se ________ 4,410.43 Demand d e p o sits______ Cash and due from banks 213,949.50 Time deposits ________ U. S. Gov’t, d ep osits__ Public F u n d s__________ Total d e p .__$ 699,950.66 $ Total 790,519.92 Total 25,000.00 25,000.00 40,569.26 470,449.31 197,006.52 1,233.43 31,261.40 .$ 790,519.92 DERMOTT STATE BANK, DERMOTT Population 3,601 Chartered July 8, 1935 Chicot County Telephone No. FAculty 4-4141 Officers John Baxter______________President John M. Baxter______Vice President W. F. Pierce____Exec. Vice President Clarence Horton____________ Cashier Frank Henry, Jr._____ Asst. Cashier Mary K. Tucker_______ Asst. Cashier Transit No. 81-720 Directors John Baxter R. H. Dennington John M. Baxter W. E. Lephiew W . A. Baxter W . F. Pierce W . H. Bynum STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts____$1,579,082.05 Capital s t o c k __________ $ 100,000.00 U. S. Gov’t, obligations — 587,591.95 Surplus fu n d __________ 100,000.00 Other bonds and 60,049.75 Undivided p r o fit s ______ secu rities____________ 72,099.25 Reserves ______________ 42,514.20 Furniture and fix tu res_ 23,300.00 Total capital Banking house ________ 95,000.00 accounts—! 302,563.95 Cash and due from banks 731,362.82 Other resou rces________ 4,610.09 Demand d ep osits_______ 1,433,169.87 Time deposits _________ 1,056,326.01 U. S. Gov’t, d ep osits___ 18,165.01 Public fu n d s ___________ 282,821.32 Total dep. —$2,790,482.21 T otal $3,093,046.16 T o t a l___ ___ $3,093,046.16 45 Forty-Fourth Report FARMERS AND MERCHANTS BANK, DES ARC Population 1,612. Prairie County Chartered January 20, 1902. Telephone Number 2191. Transit Number 81-233 Officers Henry Nichols_____________ President L. R. Brown__________ Vice President & Cashier Norman D. Rounsavall—Asst. Cashier STATEMENT OF Resources Loans and discounts-----$ 662,249.91 Overdrafts ____________ 387.28 U. S. Gov’t obligations_ 512,808.44 Other bonds and secu rities______ 260,898.75 Furniture and fixtures — 11,401.53 Banking house -----------1.00 Cash and due from banks 224,401.15 T o ta l__________________ $1,672,148.06 Directors L. R. Brown W. J. Caskey Henry Nichols S. R. Nichols JUNE 30. 1958 Liabilities Capital stock _________ $ 50,000.00 Surplus fund -------------- 100,000.00 Undivided p r o fits --------- 114,435.09 Reserves ---------------------45,039.42 Total capital accounts_$ 309,474.51 Demand d ep osits_______ Time d e p o sits_________ U. S. Gov’t d eposits-----Public funds --------------Total dep. __$1,362,673.55 880,306.81 231,282.94 27,837.79 223,246.01 T ota l__________________ $1,672,148.06 DeWITT BANK AND TRUST COMPANY, DeWITT Population 2,843. Arkansas County Chartered March 1, 1929. Telephone No. WHitney 6-4161. Transit No. 81-245 O fficers George Smith-------------------- President R. H. Maddox— Exec. Vice President J. Brown___________________ Cashier F. A. Trice____________ Asst. Cashier T. F. Hudson_________Asst. Cashier STATEMENT OF Resources Loans and discounts------$1,942,598.85 Overdrafts -----------------5.48 U. S. Gov’t obligations_ 727,500.00 Other bonds and secu rities____________ 975,760.34 Furniture and fixtures — 1.00 Banking house -----------1.00 Other real e s ta te --------1.00 Cash and due from banks 2,430,505.01 Other resou rces-----------1.00 T otal $6,076,373.68 A. G. Bauer J. Brown J. L. Fly G. W. Hall Director? R. H. Maddox George Smith Jack Whitmore JUNE 30. 1958 Liabilities Capital stock --------------$ 150,000.00 Surplus fund -------------- 150,000.00 Undivided p r o fits ______ 175,027.77 Reserves ______________ 96,957.53 Total capital accounts—$ 571,985.30 Demand d eposits_______ 4,768,510.45 Time d e p o sits_________ 562,302.11 U. S. Gov’t d eposits____ 45,955.80 Public funds __________ 127,620.02 Total dep. __$5,504,388.38 Total $6,076,373.68 46 State of Arkansas: Bank Department BANK OF DOVER, DOVER Population 510. Pope County Chartered September 29, 1905. Telephone No. AC 8-3481. Transit No. 81-329 Officers John E. Moore___________ President T. C. Campbell_______Vice President W. M. W allace______________ Cashier C. L. Poynter________ Asst. Cashier Directors David R. Bewley S. F. McCain T. C. Campbell John E. Moore L. J. Churchill W. M. W allace STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 326,770.05 U. S. Gov’t obligations — 172,000.00 Other bonds and secu rities-----------------58,675.00 Furniture and fix tu res_ 3,417.00 Banking house -----------1,500.00 Cash and due from banks 129,720.29 Other resou rces-----------1.00 Total .$ 692,083.34 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p r o fits ______ Total capital accounts_$ 104,404.04 Demand d ep osits_______ Time deposits _________ U. S. Gov’t d eposits-----Public fu n d s --------------Total dep. —$ 587,679.30 Total 25,000.00 25,000.00 54,404.04 525,046.45 21,868.50 643.49 40,120.86 .$ 692,083.34 MERCHANTS AND FARMERS BANK, DUMAS Population 2,512. Desha County Chartered May 10, 1909. Telephone Number EV 2-4311. Transit Number 81-330 O fficers R. A. Adcock______________President Claud T. Frank—Exec. Viee President Ernest C. Bradshaw__________ Cashier Mrs. Pearl S. Moore_A sst. Cashier Directors R. A . Adcock Ray Maxwell J. E. Allmon Clifton L. Meador Jack S. Dante Joe Lee McKennon Claud T. Frank David Porter E. C. Gannaway O. L. Puryear Howard H olthoff Lamar Williamson STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$2,385,597.27 U. S. Gov’t obligations __ 323,455.19 Other bonds and 238,933.15 secu rities____________ Furniture and fixtures — 18,986.76 Banking house -----------15,580.59 Cash and due from banks 588,247.20 Other resou rces________ 2,010.44 T otal $3,572,810.60 Liabilities Capital stock --------------$ 100,000.00 Surplus fund -------------- 200,000.00 Undivided p r o fits ______ 120,081.50 Reserves ---------------------80,446.44 Total capital accounts—$ 500,527.94 Demand deposits ______ 2,001,770.48 Time deposits _________ 749,997.50 U. S. Gov’t d eposits____ 38,536.80 Public funds --------------281,977.88 Total dep. —$3,072,282.66 T otal $3,572,810.60 47 Forty-Fourth Report EARLE STATE BANK, EARLE Population 2,375. Crittenden County Chartered April 24, 1947. Telephone Number 2131. Transit Number 81-294 Officers Directors Levy McCracken M. E. Bird________________ President M. E. Bird B. J. Wallace Lawson T. Gamer____Vice President C. L» Blanz, Jr. E. D. Heath_____________________VicePresident B. G. Dickey, Jr. W. M. Waters Lawson T. Gamer L. S. Young W . M. W aters__________________ VicePresident Everett Hood J. E. Brooks------------------------------ VicePresident Mrs. Mary P. Fullwood______Cashier Mrs. Alene Davis______Asst. Cashier STATEMENT OF Resources Loans and discounts------$1,488,054.88 U. S. Gov’t obligations — 257,332.45 Other bonds and secu rities-----------------384,685.00 Furniture and fixtures — 11,818.12 Cash and due from banks 568,288.28 Other resou rces-----------2,162.22 JUNE 30. 1958 liabilities Capital stock _________ $ 100,000.00 Surplus fund _________ 100,000.00 80,935.52 Undivided p r o fits --------Reserves ________________ 20,655.26 Total capital accounts—! 301,590.78 Demand d eposits---------- 1,418,062.62 Time d eposits__________ 238,830.79 U. S. Gov’t d eposits-----22,070.84 731,785.92 Public funds __________ Total dep. —$2,410,750.17 Total $2,712,340.95 Total $2,712,340.95 THE DELTA STATE BANK, ELAINE Population 744 . Phillips County Chartered December 30, 1947. Telephone No, VAlley 7-2295. Transit No. 81-759 Officers Directors Wm. Demoret_____________ President C. B. Barnhart Wm. Demoret J. M. Countiss, Jr____ Vice President E. Clay Bumpers Mary L. Demoret Catherine M. Reid__________ Cashier J. M. Countiss, Jr. F. R. Watson Mary L. Demoret______Asst. Cashier STATEMENT OF Resources Loans and discounts------$ 152,844.04 Overdrafts -----------------151.68 U. S. Gov’t obligations — 280,000.00 Furniture and fixtures — 1,643.51 Cash and due from banks 162,369.60 110.79 Other resou rces------------ T otal .$ 597,119.62 JUNE 30. 1958 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 97,399.39 40,000.00 40,000.00 16,661.79 737.60 Demand d ep osits_______ U. S. Gov’t d eposits____ Public funds __________ Total dep. __$ 499,673.93 453,458.14 312.03 45,903.76 Other lia b ilities________ 46.30 T o ta l------------------------------$ 597,119.62 48 State of Arkansas: Bank Department THE EXCHANGE BANK AND TRUST COMPANY, EL DORADO Population 23,076. Chartered August 12, 1933. Telephone Officers Louis E. Hurley___________President H. B. Axum____Exec. Vice President J. C. Craighead______ Vice President D. R. James_________ Vice President Claude B. Church_____________ Cashier Geraldine H. Robinson—Asst. Cashier Robert H. Tinkle______Asst. Cashier Union County No. UNion 3-5107. Transit No. 81-668 Directors H. B. Axum T. M. Martin R. L. Aycock R. E. Meinert R. C. Bodenhamer R. W. Newell W. A. Dumas E. E. Paxton W. H. Hanna Joe G. W epfer Louis E. Hurley D. R. James STATEMENT OP JUNE 30, 1958 Resources Liabilities Loans and discounts____$4,079,351.29 Capital stock -------------- $ U. S. Gov’t obligations_ 1,736,750.00 Surplus fund -------------Other bonds and Undivided p r o fits --------secu rities____________ 891,118.92 Reserves ---------------------Furniture and fixtures — 25,759.54 Total capital Cash and due from banks 2,511,325.83 accounts—! 706,285.22 100,000.00 200,000.00 269,215.03 137,070.19 Demand d eposits_______ 6,529,820.62 Time deposits _________ 1,684,726.48 U. S. Gov’t d ep osits____ 147,827.93 Publie funds __________ 135,077.55 Deposits o f b an k s______ 40,567.78 Total d e p ._$8,538,020.36 Total $9,244,305.58 Total $9,244,305.58 BANK OF ELKINS, ELKINS Population 350. Washington County Chartered June 1, 1912. Telephone Number 29. Transit Number 81-506 Officers Directors J. E. Bunch____ President & Cashier Edyth L. Bunch J. E. Bunch Oscar W est--------------- Vice President Joel L. Bunch Roe Stokenbury STATEMENT OF Resources Loans and discounts------$ 391,068.00 Overdrafts ____________ 8.09 U. S. Gov’t obligation s_ 323,700.00 Other bonds and secu rities____________ 91,001.00 Furniture and fixtures — 247.50 Banking house ________ 1.00 Cash and due from banks 274,806.23 Other resou rces-----------67.64 JUNE 30, 1958 Liabilities Capital stock _________ $ Surplus fund _________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 83,909.63 T otal Total . $1,080,899.46 Demand d ep osits_______ Time d e p o sits_________ U. S. Gov’t d eposits____ Public funds __________ Total dep. __$ 996,989.83 25.000. 00 45.000. 00 7,909.63 6,000.00 593,028.81 344,447.47 10,758.53 48,755.02 $1,080,899.46 49 Forty-Fourth Report BANK OF ENGLAND, ENGLAND Population 2,136. Lonoke County Chartered August 23, 1898. Telephone No. V ictoria 2-2011. Transit No. 81-213 Officers E. A. CarlLee____________ President B. F. Murchison---------Vice President Seth Boles, Jr_______________Cashier H. P. Bell--------------------- Asst. Cashier Directors Seth Boles, Jr. B. F. Murchison E. A. CarlLee Thos. O. Murchison D. P. Mashburn STATEMENT OF JUNE 30. 1958 Resources Loans and discounts------$ 893,090.29 U. S. Gov’t obligations — 7,000.00 Other bonds and secu rities-----------------171,297.30 Furniture and fixtures — 13,273.78 Banking house ________ 17,919.19 Other real e s ta te --------1.00 Cash and due from banks 696,892.30 Other resou rces-----------1.00 Total $1,799,474.86 Liabilities Capital stock --------------$ Surplus fund _________ Undivided p r o fits ______ Total capital accounts_$ 221,520.35 50,000.00 75,000.00 96,520.35 Demand d eposits_______ 1,340,058.19 Time d e p o sits_________ 157,435.89 Public funds __________ 80,460.43 Total dep. —$1,577,954.51 Total $1,799,474.86 THE CITIZENS BANK, ENGLAND Population 2,136. Lonoke County Chartered January 14, 1931. Telephone No. Victoria 2-4211. Transit No. 81-492 O fficers Ben B. Morris____________ President Lois Rutherford_______Vice President J. O. DuPree________________ Cashier C. C. Leonard, Jr----------Asst. Cashier Directors W. G. Cunning Lois Rutherford Ben B. Morris J. E. Swaim !>:./, ■'•'*••• STATEMENT OF JUNE 30. 1958 Resources Loans and discounts----- .$ 718,829^60 Overdrafts --------------- -—_ , 82107 U. S. Gov’t obligations — 603,682;S2 Furniture and fixtures _T 1;00 Banking house _______i 1100 Cash and due from banks 841,080.76 Liabilities Capital stock _________ $ 60,000.00 65,000.00 Surplus fund ------------Undivided p r o fits __ __ 174,560.81 Reserves ___________—_ 15,000.00 Total capital accounts_$ 314,56081! Demand deposits .-----1,449,793.10 Time; ’deposits ' 276,117^ U. S. Gov’t deposits ____ IfjOMiiS-' Public funds __________ 105,821.09 Total dep. —$1,848,785.94 T otal $2,163,346.75 T o ta l_____ — 50 State of Arkansas: Bank Department THE EUDORA RANK, EUDORA Population 3,072. Chicot County Chartered December 23, 1930. Tel. No. Elmwood 5-4416. Transit No. 81-834 Directors Officers Dr. A. G. Anderson W . K. Grubbs W. W . Grubbs_______ Chm. o f Board W . W. Grubbs C. J. Griffith, Jr.__________ President Sam Bowman E. T. Cashion Ralph Scott Ralph Scott__________Vice President R. T. Stephenson C. A . Diehl_________________ Cashier C. A . Diehl Evelyn M. Lilly_______ Asst. Cashier C. J. G riffith, Jr. Faye Newell__________ Asst. Cashier Mary G. Thach------------Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$1,144,275.36 Overdrafts -----------------185.88 U. S. Gov’t obligations — 276,281.25 Other bonds and 501,402.19 secu rities-----------------Furniture and fixtures — 3,658.23 Banking house ________ 576.87 Cash and due from banks 363,895.45 Other resou rces-----------128.25 Liabilities Capital stock --------------$ 100,000.00 Surplus fund -------------- 100,000.00 Undivided p r o fits ______ 83,695.84 Reserves ------------------------27,656.78 Total capital accounts_$ 311,352.62 T o ta l__________________ $2,290,403.43 Total Demand d ep osits_______ 1,200,096.22 502,352.71 Time d e p o sits_________ U. S. Gov’t d eposits-----12,607.61 Public funds __________ 263,994.27 Total dep. _-$1,979,050.81 $2,290,403.43 BANK OF EUREKA SPRINGS, EUREKA SPRINGS Population 1,958. Carroll County Chartered May 4, 1912. Telephone Number 3441. Transit Number 81-472 Officers Directors C. A . Fuller______________ President J. M. Bullock Richard R. Thompson J. M. Bullock--------------Vice President John F. Cross Neal Walters L. R. M ora____________ Asst. Cashier C. A . Fuller STATEMENT OF Resources Loans and discounts------$ 357,945.37 Overdrafts ------------------48.96 U. S. Gov’t obligations — 446,500.00 Other bonds and 142,608.13 secu rities____________ Furniture and fixtures — 1.00 Banking house ________ 2,000.00 Other real e s ta te ______ 1.00 Cash and due from bants 285,010.55 Other resou rces-----------1,208.51 T o ta l____________________$1,235,323.52 JUNE 30, 1958 liabilities Capital stock _________ $ Surplus fund -------------Undivided p r o fits ______ Total capital accounts—$ 116,943.36 50.000.00 35.000.00 31,943.36 Demand d ep osits_______ Time d e p o sits_________ U. S. Gov’t d eposits____ Public funds __________ Deposits o f ban k s______ Total dep. —$1,118,380.16 673,695.73 308,734.72 4,639.17 113,958.26 17,352.28 T otal .$1,235,323.52 51 Forty-Fourth Report 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. 0 . Laman J. B. Metcalf 0 . S. Westmoreland Vice President E. B. Metcalf O. S. Westmoreland E. B. M etcalf________________ Cashier M. A. Graddy, Jr----------Asst. Cashier STATEMENT OF Resources Loans and discounts------ $ 34,851.06 U. S. Gov’t obligations — 280,000.00 1.00 Furniture and fixtures — Banking house ________ 1.00 88,939.55 Cash and due from banks T o ta l__________________ $ 403,792.61 JUNE 30, 1958 Liabilities Capital stock --------------$ Surplus fund -------------Undivided profits ------Total capital accounts—$ 53,916.52 10,000.00 30,000.00 13,916.52 Demand d ep osits---------Time d e p o sits-------------Public funds __________ Total dep. __$ 349,876.09 327,699.07 3.00 22,174.02 Total $ 403,792.61 McILROY BANK, FAYETTEVILLE Population 17,071. Washington County Chartered December 24, 1892. Tel. No. HILlcrest 2-5351. Transit No. 81-87 Officers Directors Hayden M cllroy-----------------President L. L. Baxter Wilmer C. Smith Clarence B. Davis__ Exec. Vice Pres. William M. Bagby Herbert L. Thomas J. B. McConnell___________Vice Pres. Clarence B. Davis Clifton Wade & Trust Officer John E. Kane Hugh Williams Wilmer C. Smith__________Vice Pres. Hayden M cllroy W. C. W hitfield, Jr. & Secretary J. B. McConnell Paul Young, Jr. C. O. Phillips----- Asst. Trust Officer Henry B. Shreve Norma Moseley---------Asst. Secretary J. M. Jackman---------------Asst. Cashier Zelma Farmer--------------- Asst. Cashier Robert E. Sly__________ Asst. Cashier Betty Clark------------------- Asst. Cashier STATEMENT OF Resources Loans and discounts — $ 3,052,018.49 Overdrafts ___________ 1,793.93 U. S. Gov’t obligations _ 2,670,132.03 Other bonds and secu rities___________ 2,474,560.95 Furniture and fixtures _ 8,148.07 Banking house _______ 137,282.28 Cash and due from banks 2,238,475.09 Other resou rces_______ 4,753.95 .$10,587,164.79 T otal JUNE 30, 1958 Liabilities Capital stock ------------ $ Surplus fund -----------Undivided p r o fits ------Reserves .-------------------Total capital accounts_$ 794,268.43 Demand dej>osits--------Time deposits ________ U. S. Gov’t d eposits__ Public funds _________ Deposits o f b an k s_____ Total dep. _$9,792,896.36 Total 100,000.00 200,000.00 92,774.92 401,493.51 5,154,962.42 1,710,895.17 270,346.18 1,871,104.45 785,588.14 $10,587,164.79 52 State of Arkansas: Bank Department FORDYCE BANK AND TRUST COMPANY, FORDYCE Population 3,754. Chartered January 5, 1931. Dallas County Telephone Number 83. Officers E. C. Benton--------------------- President B. A. Mayhew________Vice President J. W . Hearnsberger_________ Cashier Mrs. M. S. Smith---------Asst. Cashier Mrs. K. J. Graves---------Asst. Cashier Transit Number 81-127 Directors E. C. Benton B. A. Mayhew H. B. Benton W. D. Stell H. E. Dedman L. Weems Trussell J. H. Everett S. A. Williams J. W. Hearnsberger STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 886,137.85 Overdrafts ------------------522.21 U. S. Gov’t obligations __ 1,097,131.25 Other bonds and secu rities____________ 618,845.15 Furniture and fixtures — 6,797.68 Banking house ________ 16,000.00 Cash and due from banks 619,551.91 T o ta l__________________ $3,244,986.05 Liabilities Capital stock --------------$ 100,000.00 Surplus fund -------------- 100,000.00 Undivided p r o fits --------- 129,545.75 Reserves ---------------------1,993.73 Total capital accounts—$ 331,539.48 Demand d ep osits_______ 1,636,055.94 Time deposits -------------- 1,105,955.12 U. S. Gov’t d ep osits____ 14,206.65 Public funds __________ 153,178.86 Deposits o f b an k s______ 4,050.00 Total dep. _ .$2,913,446.57 T o ta l---------------------------- $3,244,986.05 53 Forty-Fourth Export PLANTERS BANK AND TRUST COMPANY, FORREST CITY Population 7,607. St. Francis County Chartered April 5, 1921. Telephone Number ME 3-2833. O fficers H. H. Cooper--------------------- President J. B. Fletcher________Vice President Chas. C. Moore-------------------- Cashier J. H. Calhoun_________ Asst. Cashier Dione K. Henderson___ Asst. Cashier Eliabeth B. Moore-------- Asst. Cashier W . P. Moore---------------- Asst. Cashier Transit No. 81-143 Directors E. B. Belshe Mrs. E. B. Robinson H. H. Cooper Sam Sharpe J. B. Fletcher Jack Stephens C. N. Haven R. R. Wilkerson Henry T. Haven James F. W olfe L. F. Haven, Jr. STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$2,624,762.07 Overdrafts ____________ 6,695.85 U. S. Gov’t obligations — 832,996.25 Other bonds and secu rities------------------ 1,257,042.59 Furniture and fix tu res_ 28,642.72 Banking house -----------47,569.09 Cash and due from banks 875,264.60 Other resou rces-----------12,306.18 T ota l__________________ $5,685,279.35 Liabilities Capital stock -------------- $ 150,000.00 150,000.00 Surplus fund -----------Undivided profits — _ 173,572.38 17,968.60 Reserves — — ---------Total capital accounts_$ 491,540.98 Demand d ep osits---------- 3,081,204.07 Time d e p o sits-------------- 1,440,191.57 U. S. Gov’t d eposits------ 157,269.18 Public funds __________ 515,073.55 Total dep. _ .$5,193,738.37 T o ta l__________________ ■$5,685,279.35 ARKANSAS VALLEY TRUST COMPANY, FORT SMITH (N ot engaged in commercial banking) Population 47,942. Sebastian County Chartered February 6,1906. Telephone Number 3-1114. Transit Number 81-571 Officers Caraall Gardner-----------------President Lloyd Williams------------ Vice President Dorothy Turner. _Secretary-Treasurer Directors R. E. Covey, Jr. R. J. Ross W. J. Echols, Jr. Clarence Sharum Carnall Gardner R. J. Speer, Sr. Jerome Ney Lloyd Williams Raymond Orr STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 168,301.52 Capital stock _________ $ 150,000.00 Other bonds and Surplus fund -------------30,000.00 secu rities-----------------2,000.00 Undivided p r o fits ______ 5,930.96 Other real e s ta te ______ 15,067.®! Total capital Other resou rces---------------3,510.52 accounts—$ 185,930.96 T otal Other lia b ilities-----------$ 188,879.92 T otal 2,948.96 $ 188,879.92 54 State of Arkansas: Bank Department THE BANK OF FRANKLIN, FRANKLIN Population 100. Izard County Chartered June 13, 1905. Officers R. M. Standerford--------------President Olen Barnes__________ Vice President Tommie Billingsley--------------- Cashier J. E. Godwin__________ Asst. Cashier Transit Number 81-338 Directors Olen Barnes W . A. Gaston Tressie Combs R. M. Standerford STATEMENT OF JUNE 30. 1958 Resources Loans and discounts------$ 162,841.61 Overdrafts -----------------2.96 U. S. Gov’t obligations __ 64,700.00 Other bonds ana secu rities-----------------2,300.00 Furniture and fixtures — 1,662.00 Banking house ________ 1.00 Other real e s ta te ______ 2,778.00 Cash and due from banks 107,085.65 Other resou rces________ 246.50 Total —________________ $ 341,617.72 Liabilities Capital stock --------------$ Surplus fund _________ Undivided p r o fits ______ Total capital accounts_$ 45,701.38 10,000.00 15,000.00 20,701.38 Demand d ep osits----------Time deposits -------------U. S. Gov’t d eposits-----Public funds --------------Total dep. __$ 295,916.34 198,223.91 46,825.00 4,130.84 46,736.59 T o ta l__________________ $ 341,617.72 BANK OF GLENWOOD, GLENWOOD Population 843. Pike County Chartered December 27,1912. Telephone No. ELliot 6-2181. Transit No. 81-343 John R. W. H. H. Doris Officers Golden--------------------- President Brakefield_____Vice President Duke____________ _____Cashier Hutchings______Asst. Cashier Directors R. W. Brakefield John Golden C. R. Cantrell Homer Ligon H. H. Duke Ira C. W est STATEMENT OF JUNE 30, 1958 Resources Loans and discounts__ _$ 548,792.22 O verdrafts_____________ 299.88 U. S. Gov’t, obligations_ 569,800.00 Other bonds and secu rities____________ 10,000.00 Furniture and fixtu res_ 1.00 Banking h ou se-------------1.00 Cash and due from banks 588,004.92 Other resou rces________ 1.00 T ota l__________________ $1,716,900.02 Liabilities Capital s to c k --------------- $ Surplus fund --------------Undivided p r o fits ______ Reserves ______________ Total capital accounts-- $ 170,629.72 50,000.00 50,000.00 69,465.26 1,164.46 Demand d ep osits_______ 1,009,961.50 Time deposits _________ 494,172.44 U. S. Gov’t, d ep osits___ 3,375.00 Public funds __________ 38,761.36 Total dep. __ $1,546,270.30 T o t a l_________________ $1,716,900.02 Forty-Fourth Report 55 BANK OF GRAVETT, GRAVETTE Population 894. Benton County Chartered February 28, 1898. Telephone No. ST 7-3401. Transit No. 81-269 O fficers J. T. Edmondson, Jr.---------President Philo Rodgers________Vice President John R. Meade______________ Cashier Stokes Ballard_________ Asst. Cashier Directors Stokes Ballard C. E. McAllister Phillip Chastain John R. Meade J. T. Edmondson, Jr.Philo Rodgers Allen McAllister STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ O verdrafts_____________ U. S. Gov’t, obligations _ Other bonds and secu rities____________ Furniture and fixtures — Banking h ou se_________ Other real e s ta te ______ Cash and due from banks Other resou rces________ 651,867.98 749.80 765,453.13 127,788.73 8,815.07 16,181.77 68.30 454,015.02 1,731.84 T o ta l________________ $2,026,671.64 Liabilities Capital s to e k --------------- $ 50,000.00 25,000.00 Surplus fu n d __________ Undivided p r o fits ______ 155,503.90 Total capital accounts__$ 230,503.90 Demand deposits --------- 1,341,372.57 Time d eposits__________ 358,881.47 U. S. Gov’t, d ep osits___ 2,625.19 Publie funds __________ 93,288.51 Total dep. —$1,796,167.74 T o ta l________________ $2,026,671.64 FARMERS BANK, GREENWOOD Population 1,634. Sebastian County Chartered August 7, 1907. Telephone Number 3231. Transit Number 81-226 O fficers Directors Means Wilkinson__________ President Charles O. Bell W . N. Wilkinson W. H. Wolverton_____ Vice President W . H. (B ill) Lewis W. H. Wolverton W. H. (B ill) Lewis___ Vice President Means Wilkinson STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ U. S. Gov’t, obligations __ Other bonds and secu rities-----------------Furniture and fixtures — Banking house -----------Other real e s ta te --------Cash and due from banks Other resou rces------------ 546,450.04 44O,O0i|00 465,462.00 2.00 2.00 2.00 495,1§2S4 L00 T o ta l_________________ $1,947,071.48 Liabilities Capital s to e k --------------- $ Surplus fu n d __________ Undivided p r o fit s --------Total capital accounts—! 175,893.34 40,000.00 60,000.00 75,893.34 Demand deposits ______ 1,064,639.90 Time deposits -------------- 540,985.54 U. S. Gov’t, deposits — 24,000.00 Publie funds __________ 141,552.70 Total dep. —$1,771,178.14 T o ta l__________________ $1,947,071.48 56 State of Arkansas: Bank Department THE FIRST BANK, GRIFFITHVILLE Population 207. White County Chartered November 6, 1905. Telephone No. PI 2-5256. Officers Jas. A. Neaville, Sr.________President John B. Neaville_____Vice President & Cashier Jas. A. Neaville, Jr.___Vice President George F. Key________Asst. Cashier Transit No. 81-347 Directors Jas. A. Neaville, Jr. Jas. A. Neaville, Sr. John B. Neaville Lucille A. Neaville STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 168,188.04 U. S. Gov’t, obligations __ 110,000.00 Furniture and fixtures __ 600.00 Banking house -----------1.00 Cash and due from banks 59,341.01 T o ta l________________ $ 338,130.05 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fit s ______ Reserves _______________ Total capital accounts_$ 30,459.84 20,000.00 4,000.00 3,959.84 2,500.00 Demand d ep osits_______ Public fu n d s ___________ Total dep. —$ 307,607.86 272,156.01 35,451.85 Other liabilities _______ 62.35 T o ta l________________ $ 338,130.05 CLARK COUNTY BANK, GURDON Population 2,390. Chartered August 4, 1900. Clark County Telephone No. FL 3-4414. Officers F. H. Rudolph___________ President E. H. Frizzell________Vice President Richard E. Davidson________Cashier Mrs. Lewelyn Edwards_Asst. Cashier Transit No. 81-349 Directors Earl Clark J. E. McMillan Richard E. Davidson Earl Ross E. H. Frizzell F. H. Rudolph STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ O verdrafts-------------------U. S. Gov’t, obligations __ Other bonds and secu rities-----------------Furniture and fixtures __ Cash and due from banks Other resou rces------------ T otal 432,142.15 1.70 279,001.26 362,161.79 978.50 381,712.12 1.00 $1,455,998.52 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Reserves ---------------------Total capital accounts_$ 151,266.86 50,000.00 50,000.00 50,071.85 1,195.01 Demand d ep osits_______ 646,816.06 Time deposits -------------- 545,853.05 U. S. Gov’t, deposits____ 5,177.24 Public fu n d s ___________ 106,885.31 Total dep. __$1,304,731.66 T o t a l_________________ $1,455,998.52 57 Forty-Fourth Report FARMERS BANK, HAMBURG Population 2,655. Chartered March 10, 1941. Ashley County Telephone No. ID 3-5200. O fficers S. A. W ilcoxon____________ President V. W . Walker_______Vice President Louie G. Foote______________ Cashier Paul E. Kirkland______Asst. Cashier Transit No. 81-181 Directors F. P. Blanks Murphy Jones W. E. Foote V. W. Walker Leroy Higginbotham S. A. W ilcoxon STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ U. S. Gov’t, obligations — Other bonds and secu rities____________ Furniture and fix tu res_ Cash and due from banks Other resou rces________ 741,186.76 391,900.00 399,257.82 5,298.22 292,618.84 1,739.13 Liabilities Capital s to c k __________ $ 50,000.00 100,000.00 Surplus fu n d __________ Undivided p r o fits ______ 78,667.87 10,000.00 Reserves ______________ Total capital accounts_$ 238,667.87 Demand d ep osits_______ 1,215,073.50 239,489.52 Time d eposits__________ U. S. Gov’t, d ep osits___ 2,167.02 Public fu n d s ___________ 136,602.86 Total dep. __ $1,593,332.90 T o ta l________________ $1,832,000.77 T o ta l________________ $1,832,000.77 CALHOUN COUNTY BANK, HAMPTON Population 838. Calhoun County Chartered October 26, 1906. Telephone Number 42. O fficers B. W . Harrell_____________President Searcy Harrell------------ Vice President Len Harrell_________________ Cashier Mary H. Johnston___ Asst. Cashier Transit Number 81-353 Directors Hubert J. Brown E. C. Johnston B. W. Harrell I. C. Strickland Fay Harrell A. G. Tomlinson Searcy Harrell STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ U. S. Gov’t, obligations __ Other bonds and secu rities____________ Furniture and fixtures — Banking h ou se-------------Cash and due from banks T o t a l___ 487,263.26 260,050.00 361,873.69 2,000.00 5,000.00 314,110.41 $1,430,297.36 Liabilities Capital s t o c k --------------- $ 25,000.00 Surplus fu n d --------------100,000.00 Undivided p r o fits ______ 53,237.41 Total capital aeeounts__$ 178,237.41 Demand d ep osits----------Time deposits _________ U. S. Gov’t, d ep osits___ Public fu n d s ___________ Total dep. __$1,252,059.95 Total 871,883.51 244,367.38 19,972.34 115,836.72 $1,430,297.36 58 State of Arkansas: Bank Department THE BANK OF HARRISBURG, HARRISBURG Population 1,498. Poinsett County Chartered December 2, 1930. Telephone No. PL 7-5427. Transit No. 81-693 O fficers Directors R. W. Butler______________ President Mrs. Anna C. B. Wood, Sr----------Vice President Margaret Butler J. P. Hubbard C. B. Wood, Sr. H. S. Smith_________________ Cashier R. W. Butler Wilburn J. Cole________Asst. Cashier John Gant Mrs. Ida J. Bettis_____Asst. Cashier STATEMENT OF Resources Loans and discounts____$ 953,436.63 O verdrafts_____________ 982.67 U. S. Gov’t, obligations 441,150.00 Other bonds and 94,471.65 secu rities____________ Furniture and fix tu res_ 11,647.77 7,960.00 Banking h o u se_________ Other real e s ta te ______ 11,310.03 Cash and due from banks 342,700.50 Other resou rces________ 1,168.74 JUNE 30. 1958 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits --------Reserves ______________ Total capital accounts_$ 186,689.06 Demand d e p o s its______ 1,181,805.87 Time deposits _________ 320,750.56 U. S. Gov’t, d ep osits___ 34,658.24 Public fu n d s ___________ 87,742.44 Total dep. __$1,624,957.11 Borrowed m on ey_______ Other lia b ilities________ T o ta l________________ $1,864,827.99 50,000.00 50,000.00 86,396.79 292.27 50,000.00 3,181.82 T o ta l________________ $1,864,827.99 COMMERCIAL BANK, HARRISON Population 5,542. Boone County Chartered July 7, 1944. Telephone No. EM 5-2355. Transit No. 81-746 Officers Directors Rabie Rhodes_______________ President H. D. Dixon Joseph J. Miller H. D. Dixon____ Vice Pres. & Cashier Joe Hickman Dr. D. L. Owens H. W. Taylor__________Asst. Cashier Verl Hudspeth Rabie Rhodes Mrs. C. N. Kent, Sr._Asst. Cashier C. N. Kent, Sr. STATEMENT OF Resources Loans and discounts------$2,162,122.08 U. S. Gov’t obligations __ 588,328.86 Other bonds and secu rities____________ 609,277.50 Furniture and fix tu res_ 24,960.80 Other real e s ta te ______ 18,485.56 Cash and due from banks 1,182,040.83 Other resou rces________ 556.24 T o t a l_________________ $4,585,771.87 JUNE 30, 1958 Liabilities Capital s to c k --------------- $ 150,000.00 Surplus fu n d --------------100,000.00 63,417.85 Undivided p r o fits --------Total capital accounts_$ 313,417.85 Demand deposits ______ 2,290,803.90 Time d e p o sits-------------- 1,409,846.87 U. S. Gov’t, d ep osits___ 61,709.90 Public funds __________ 435,645.71 Deposits o f b an k s______ 61,787.47 Total dep. __$4,259,793.85 Other lia b ilities------------ 12,560.17 T o ta l_________________ $4,585,771.87 Forty-Fourth Report 59 THE SECURITY BANK, HARRISON Population 5,542. Boone County Chartered November 20,1931. Telephone No. EMpire 5-8201. Transit *No. 81-704 O fficers Directors C. C. Alexander__________ President C. C. Alexander Garvin Fitton Roy L. Baker, Jr__ Exec. Vice Pres. Roy L. Baker T. C. Heuer E. R. Tims________Exec. Vice Pres. Roy L. Baker, Jr. Joe Kirby & Cashier Dr. Wm. W. Christeson R. W. Milum Jim Tilley____________Asst. Cashier F. L. Coffman W. 0 . Newton B ill O. W atts________ Asst. Cashier L. E. Durand E. R. Tims STATEMENT OF Resources Loans and discounts------$3,524,556.37 O verdrafts_____________ 4,910.30 U. S. Gov’t, obligations __ 2,020,161.51 Other bonds and secu rities____________ 1,212,077.67 Furniture and fix tu res_ 36,400.00 Banking h ou se_________ 42,000.00 Other real e s ta te ______ 1.00 Cash and due from banks 1,809,892.83 1.00 Other resou rces________ T o ta l___ ____ $8,650,000.68 JUNE 30. 1958 Liabilities Capital s to c k __________ $ 200,000.00 Surplus fu n d __________ 150,000.00 Undivided p r o fits ______ 166,061.79 Total capital accounts—! 516,061.79 Demand deposits ______ 4,345,329.24 Time d e p o sits_________ 3,306,356.13 U. S. Gov’t, d ep osits___ 108,492.53 Public funds __________ 294,231.57 Deposits of b a n k s _____ 79,529.42 Total d e p ._$8,133,938.89 Total $8,650,000.68 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 Hester B. Robinson L. P. Aycock L. P. Aycock_________ Vice President J. O. Crowly J. J. Screeton R. C. Hartlieb________ Vice President H. J. Hall Ezra Shoop J. E. Sparks__________Vice President R. C. Hartlieb J. E. Sparks Grace O. Stallings__________ Cashier STATEMENT OF JUNE 30. 1958 Resources Liabilities Loans and discounts___ $ 715,236.49 Capital s to c k __________ $ 60,000.00 O verdrafts_____________ 54,042.62 Surplus fu n d __________ 40,000.00 79,132.80 U. S. Gov’t, obligations __ 557,497.63 Undivided p r o fits ______ Reserves ______________ 14,217.21 Other bonds and secu rities____________ 208,040.86 Total capital Furniture and fix tu res_ 21,645.89 accounts_$ 193,350.01 Banking house ________ 21,007.29 Cash and due from banks 458,374.81 Demand deposits ______ 1,101,239.85 Other resou rces________ 972.62 Time deposits _________ 511,195.07 U. S. Gov’t, deposits — 13,852.12 Public funds __________ 212,181.16 Deposits o f b a n k s _____ 5,000.00 Total d e p ._$1,843,468.20 T otal $2,036,818.21 Total $2,036,818.21 60 State of Arkansas: Bank Department THE CLEBURNE COUNTY BANK, HEBER SPRINGS Population 2,109. Cleburne County Chartered December 16, 1930. Telephone No. 2-2643. Officers W iley H. Robbins__________ President Jerome Johnson_Exec. Vice President W alter Aldridge_____________ Cashier Transit No. 81-175 Directors E. A. Jenkerson L. E. Robbins Jerome Johnson W. E. Robbins Bruce M. Robbins W. H. Robbins Joe N. Robbins STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------! O verdrafts_____________ U. S. Gov’t, obligations_ Other bonds and secu rities____________ Furniture and fix tu res__ Banking h o u se_________ Cash and due from banks Other resources ________ T o ta l------ 410,375.71 27.53 560,840.25 329,405.29 2,470.00 1.00 Liabilities Capital s to c k __________ $ 30,000.00 Surplus fu n d __________ 35,000.00 Undivided p r o fits --------116,384.79 Reserves ______________ 51,460.75 Total capital accounts_$ 232,845.54 299,575.07 576.98 Demand deposits ______ 1,202,964.06 U. S. Gov’t, d ep osits___ 16,839.17 150,623.06 Public funds __________ Total dep. —$1,370,426.29 ___ $1,603,271.83 T o ta l________________ $1,603,271.83 GUARANTY LOAN AND TRUST COMPANY, HELENA (N ot engaged in commercial banking) Population 11,236. Phillips County Chartered February 9, 1910. Telephone No. HI 4-3032. Transit No. 81-64 Officers Directors Dewey Moore—_____________President S. H. Hurst W. L. Morris H. G. Stephens________Vice President C. E. Mayer H. G. Stephens C. L. McKelvy----------------- Secretary D. Moore W. D. Hudson, Jr-----------Treasurer STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____ $ 112,011.88 1.500.00 U. S. Gov’t, obligations — Other bonds and secu rities____________ 23,600.00 Furniture and fix tu res_ 1.00 Cash and due from banks 32,313.73 4.001.00 Other resources ________ T o ta l________________ $ 173,427.61 Liabilities Capital s to c k __________ $ Surplus fu n d --------------Undivided p r o fit s --------Total capital accounts_$ 98,981.59 50.000. 00 30.000. 00 18,981.59 Trust d ep osits_________ Total dep. __$ 70,037.32 70,037.32 Other lia b ilities________ 4,408.70 T o ta l________________ $ 173,427.61 61 Forty-Fourth Rwport VALLEY BANK, HINDSVILLE Population 262. Madison County Chartered November 8, 1907. Telephone Number 320. Transit Number 81-362 O fficers Adry Gaskill______________ President C. F. Pitch, Jr._______Vice President Lloyd A. Linebarger________Cashier Directors Wm. B. Bunch James R. Hargis C. P. Pitch, Jr. Tom Hargis Adry Gaskill Lloyd A. Linebarger STATEMENT OP JUNE 30, 1958 Resources Loans and discounts___ $ 95,750.36 1,128.13 O verdrafts_____________ U. S. Goy’t. obligations_ 85,000.00 Other bonds and secu rities____________ 8,940.00 Furniture and fix tu re s_ 1,559.47 Banking h ou se_________ 1,639.39 Cash and due from banks 131,401.27 T o ta l___ ____ $ 325,418.62 Liabilities Capital stock $ Surplus fund — Undivided profits Reserves Total capital accounts_$ 33,999.90 Demand deposits Time deposits Public funds Total dep. __$ 291,418.72 Total 10,000.00 10,000.00 6,771.59 7,228.31 186,826.00 89,592.72 15,000.00 $ 325,418.62 BANK OP HOLLY GROVE, HOLLY GROVE Population 761. Monroe County Chartered March 12, 1903. Telephone Number 2681. O fficers M. P. W alls_______________ President J. I. Matthews________Vice President Jack Phillips________________ Cashier Margaret J. Mack------- Asst. Cashier Transit Number 81-275 Directors B. J. Lambert M. P. Walls J. I. Matthews O. M. Washington John B. Moore, Jr. STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ U. S. Gov’t, obligations „ Other bonds and secu rities------------------Furniture and fixtures __ Banking house ________ Cash and due from banks 560,506.43 437,169.38 240,917.19 1.00 8,000.00 272,631.06 T o t a l_________________ $1,519,225.06 Liabilities Capital s to c k __________ $ 30,000.00 150,000.00 Surplus fu n d --------------Undivided p r o fits --------21,634.12 Total capital accounts_$ 201,634.12 Demand d e p o s its ______ Time d e p o sits_________ U. S. Gov’t, d ep osits___ Public funds __________ Deposits o f b a n k s_____ Total dep. —$1,317,590.94 T o ta l___ 922,881.93 261,523.22 1,250.00 131,622.75 313.04 -$1,519,225.06 62 State of Arkansas: Bank Department HORATIO STATE BANK, HORATIO Population 776. Sevier County Chartered May 15, 1905. Telephone Number VE 2-2501. Transit Number 81-342 C. E. Lillia Mazie Edith O fficers Hendrix--------------------President S. Hendrix------- Vice President Gallaher______________ Cashier Ann Hendrix------Asst. Cashier Directors J. E. Baugh Lillia S. Hendrix F. R. Ethridge Flynn Justus W. H. Frith Fred Sharp C. E. Hendrix STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ U. S. Gov’t, obligations __ Other bonds and secu rities-----------------Furniture and fixtures — Banking house ________ Cash and due from banks 725,347.32 558,518.68 280,773.05 6,500.00 4,500.00 350,001.33 Liabilities Capital s to c k --------------- $ Surplus fu n d --------------Undivided p r o fits ______ Total capital accounts_$ 139,801.90 Demand deposits --------- 1,451,144.37 Time d e p o sits-------------- 242,129.28 U. S. Gov’t, deposits — 3,478.00 Public funds ---------------88,782.16 Total dep. —$1,785,533.81 Other lia b ilities------------ T o ta l------------------------- $1,925,640.38 50,000.00 25,000.00 64,801.90 304.67 T o ta l________________ $1,925,640.38 63 Forty-Fourth Report ARKANSAS TRUST COMPANY, HOT SPRINGS Population 29,307. Garland County Chartered April 18, 1907. Telephone Number NA 3-4424. Transit Number 81-51 Officers D. Burgauer_______________ President G. H. Sexton------Exec. Vice President Norton Meek— Vice Pres. & Cashier E. M. Thrash-------------- Vice President Marie Sehnebelen_____ Asst. Cashier & Trust Officer Robert E. Jones______ Asst, Cashier H. G. Gasbarre----------- Asst. Cashier F. L. Baldwin________ Asst. Cashier Palmer Vanderberg___ Asst. Cashier Directors D. Burgauer Geo. H. Sexton Albert M. Guice Floyd L. Thompson Clarence J. Homer E. M. Thrash Norton Meek Hill A . Wheatley Carl E. Miles Warren W. Wilson STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ O verdrafts____________ U. S. Gov’t, obligations _ Other bonds and secu rities___________ Furniture and fixtures _ Banking house ----------Cash and due from banks Other resources --------- Total liabilities 3,795,655.74 192.64 6,116,986.26 1,017,948.61 31,454.04 66,409.87 4,101,351.68 54,886.76 $15,184,885.60 Capital s to c k --------------$ Surplus fu n d -------------Undivided p r o fits ------Reserves -------------------Total capital accounts-! 1,625,518.09 400,000.00 400,000.00 387,231.50 438,286.59 Demand deposits ------Time d e p o s its________ U. S. Gov’t, deposits — Public funds _________ Deposits o f b an k s------Total dep._$13,512,494.14 9,955,259.05 2,441,857.35 292,468.79 796,909.83 25,999.12 Other liabilities ______ 46,873.37 T o ta l_______________ $15,184,885.60 64 State of Arkansas: Bank Department JACKSONVILLE STATE BANK, JACKSONVILLE Population 2,474. Pulaski County Chartered August 2, 1949. Telephone No. Liberty 4-2114. Transit No. 81-764 Officers Directors Kenneth Pat W ilson_______President Jack East, Jr. B. Fred Thompson Austin Leeds_________ Vice President J. H. Mize Kenneth Pat W ilson & Cashier Clarence M. Thomas Melda A . Rice__ Asst. Vice President Sibyl Adams__________Asst, Cashier Mildred W illiams_____ Asst. Cashier STATEMENT OF Resources Loans and discounts___ $2,261,683.69 O verdrafts_____________ 269.73 U. S. Gov’t, obligations __ 1,097,987.50 Other bonds and secu rities____________ 589,920.90 Furniture and fixtu res_ 27,053.26 Banking house ________ 64,451.92 Cash and due from banks 1,062,749.75 Other resou rces________ 1.00 JUNE 30, 1958 Liabilities Capital s to c k --------------- $ 150,000.00 Surplus fu n d __________ 150,000.00 78,461.55 Undivided p r o fit s ______ Reserves ---------------------18,286.48 Total capital accounts—$ 396,748.03 Demand deposits --------- 2,842,820.21 Time deposits -------------- 625,499.99 U. S. Gov’t d eposits____ 787,892.87 Public funds --------------401,541.58 Total dep. __$4,657,754.65 Other lia b ilities------------ T o ta l________________ $5,104,117.75 49,615.07 T o ta l------------------------- $5,104,117.75 NEWTON COUNTY BANK, JASPER Population 407. Newton County Chartered March 24, 1903. Telephone Number 9. Transit Number 81-371 O fficers Directors L. W. Nance------President & Cashier Alta Gorden J. W . Waters Ford Young-------------- Vice President Joe C. Nance Ford Young Alta Gorden_________ Vice President L. W. Nance & Asst. Cashier Joe C. Nance_________Asst, to Pres. & Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 322,031.38 Capital s to c k --------------- $ 25,000.00 O verdrafts_____________ 229.99 Surplus fu n d __________ 25,000.00 U. S. Gov’t, obligations __ 161,228.90 Undivided p r o fits --------35,959.12 Other bonds and Total capital secu rities-----------------112,797.26 aceounts__$ 85,959.12 Furniture and fix tu res_ 7,315.85 ------------------Banking h ou se-------------4,386.27 Demand deposits ______ 533,715.05 Other real e s ta te --------1.00 Time deposits -------------115,405.62 Cash and due from banks 162,463.43 U. S. Gov’t, deposits — 1,895.58 Public funds --------------33,478.71 Total dep. __$ 684,494.96 T o t a l_________________ $ 770,454.08 T o t a l_________________ $ 770,454.08 Forty-Fourth Report 65 CITIZENS BANK OF JONESBORO, JONESBORO Population 16,310. Craighead County Chartered July 25, 1919. Telephone No. WEbster 2-6603. Transit No. 81-613 Officers Directors M. L. McKinney___________ President C. V. McKinney Vance Thompson C. V. McKinney______Vice President G. E. McKinney R. E. Wade Major W. Griffin____________ Cashier M. L. McKinney Donald C. Jones_______Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts__ $ 2,989,141.18 Capital s to c k _________ $ 363,000.00 O verdrafts____________ 398.82 Surplus fund _________ 200,000.00 U. S. Gov’t, obligations _ 2,776,832.89 Undivided p r o fit s _____ 291,211.12 Other bonds and Total capital secu rities___________ 2,689,119.85 accounts^! 854,211.12 Furniture and fixtures _ 82,244.74 Cash and due from banks 2,093,935.36 Demand d e p o s its _____ 4,483,464.92 Time d e p o sits________ 4,123,706.72 U. S. Gov’t, deposits __ 114,599.22 Public funds _________ 834,230.84 Deposits of banks _____ 221,460.02 Total dep.^f 9,777,461.72 T o ta l_______________ $10,631,672.84 T o ta l_______________ $10,631,672.84 FARMERS STATE BANK, JONESBORO Population 16,310. Craighead County Chartered February 28, 1950. Tel. No. WEbster 2-7400. Transit No. 81-766 Officers Directors W. D. Roberts, Jr. Herbert H. McAdams______President Dr. W. E. Berry Fred Carter M. S. Rubenstein O’Dell A. Sanders__ Exec. Vice Pres. L. A. Cato O’Dell A. Sanders Fred Carter__________Vice President Donald Timms Donald Timms_______ Vice President W. O. Doak J. Hardy Little---------Asst. Vice Pres. Joe N. Martin G. E. Wood L. D. Walker, Jr_____________Cashier Herbert H. McAdams Fred M. Carter________Asst. Cashier Mrs. LaWanda Timms^.. Asst. Cashier STATEMENT OF Resources Loans and discounts------$1,661,286.75 U. S. Gov’t obligations — 373,218.75 Other bonds and secu rities____________ 235,150.00 Furniture and fixtures — 31,992.62 Banking house -----------26,680.76 Cash and due from banks 611,882.96 Total $2,940,211.84 JUNE 30, 1958 Liabilities Capital stock ------------ $ 125,000.00 Surplus fund ---------- --- 125,000.00 67,184.39 Undivided p r o fits ------4,621.97 Reserves --------- ---------Total capital accounts_$ 321,806.36 Demand d eposits------ _ 1,187,652.29 Time deposits--------------- 1,018,136.30 U. S. Gov’t d eposits-----19,030.37 Public funds __________ 373,586.52 Deposits o f b an k s__ ___ 20,000.00 Total d e p ....$2,618,405.48 Total $2,940,211.84 66 State of Arkansas: Bank Department MERCANTILE RANK, JONESBORO Population 16,310. Craighead County Chartered January 7, 1932. Telephone No. WEbster 5-5521. Transit No. 81-72 Officers Directors Charles Frierson--------------- President Bryan Armstrong Charles Frierson Nathan Deutseh----- Exec. Vice Pres. Joe C. Barrett W . Gus Nash Woodrow M. W ilson— Vice President Nathan Deutseh J. Paul Smith Geo. Delaney_________ Vice President W. M. Freeze, Jr. R. W . Higginbotham__Viee President Carey Smith________________ Cashier Alberta Dickson-----------Asst. Cashier Louise Beasley------------Asst. Cashier Naomi Craft__________ Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$4,356,113.92 Capital stock -------------- $ 200,000.00 U. S. Gov't obligations — 1,523,171.34 Surplus fund -------------- 200,000.00 Other bonds ana Undivided p r o fits --------- 257,709.97 3,300.00 secu rities____________ 1,074,441.38 Reserves ----------------------Furniture and fixtures — 35,2^6.50 Total capital Banking house -----------32,000.00 accounts—$ 661,009.97 Other real e s ta te --------11,168.00 —;---------------Cash and due from banks 1,940,594.14 Demand d ep osits----------- 4,194,303.65 7,435.47 Time deposits _________ 3,550,999.45 Other resou rces________ U. S. Gov’t d eposits-----89,497.90 Public funds --------------343,536.93 140,832.85 Deposits o f b an k s--------Total dep. _.$8,319,170.78 T o ta l__________________ $8,980,180.75 T o ta l__________________ $8,980,180.75 FARMERS AND MERCHANTS BANK, JUBSONIA Population 1,122, White County Chartered May 29, 1913. Telephone Number RA 9-3329. Transit Number 81-549 Officers Directors A. J. Stephens-----------------President J. Herbert Graves C. I. Stevens J. Herbert Graves----- Vice President John A. Henson E. O. Yancey C. I. Stevens-----------------------Cashier A. J. Stephens Bettye Lou Hulsey------- Asst. Cashier STATEMENT OF Resources Loans and discounts____$ 204,104.62 Overdrafts ____________ 1,774.75 U. S. Gov’t obligations 295,000.00 Other bonds and secu rities____________ 94,895.00 Furniture and fixtures — 3,876.80 Banking house -----------3,500.00 Cash and due from banks 203,335.08 Other resou rces-----------1.00 Total .$ 806,487.25 JUNE 30. 1958 Liabilities Capital stock _________ $ Surplus fund -------------Undivided p r o fits ______ Total capital accounts. _$ 109,343.74 Demand d eposits----------Time d e p o sits-------------U. S. Gov’t d eposits-----Public funds __________ Total dep. ._ $ 697,143.51 T otal 35,000.00 35,000.00 39,343.74 614,751.15 3,200.00 25,681.81 53,510.55 .$ 806,487.25 67 Forty-Fourth Report UNION STATE BANK, JUNCTION CITY Population 1,013. Union County Chartered August 28, 1933. Telephone Number W A 4-2731. Transit No. 81-232 O fficers I. A. Brinker____________ President O. H. Goodwin_______Vice President Ruthelle C. Lusby___________ Cashier S. A. Brinker________ Asst. Cashier Directors I. A. Brinker Houston Hall S. A . Brinker H. E. Kinard O. H. Goodwin STATEMENT OF JUNE 30. 1958 Resources Loans and discounts___ $ 178,870.92 U. S. Gov’t obligations — 539,504.55 Other bonds and secu rities____________ 42,788.29 Furniture and fixtures — 1.00 Banking house -----------1,500.00 1.00 Other real e s ta te ______ Cash and due from banks 269,035.90 Total $1,031,701.66 Liabilities Capital stock --------------$ -----------Surplus fund Undivided p r o fits --------Reserves -------------------Total capital accounts—$ 133,648.61 25,000.00 75,000.00 29,798.61 3,850.00 Demand deposits ______ Time deposits -------------U. S. Gov’t d eposits___ Public funds __________ Total dep. __$ 898,053.05 555,654.57 289,127.76 1,716.06 51,554.66 Total $1,031,701.68 BANK OF KENSETT, KENSETT Population 829. White County Chartered February 17,1922. Telephone No. Pllgram 2-5191. Transit No. 81-649 Officers John H. Johnston--------------- President John H. Johnston, Jr.—Vice President Roger Q. Mills________Vice President Mrs. Thelma Roth___________ Cashier Directors John H. Johnston Roger Q. Mills John H. Johnston, Jr. J. W. Sloan STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 22,875.75 Overdrafts ____________ 182.52 U. S. Gov’t obligations „ 339,565.00 Furniture and fixtures — 1,928.79 Banking house ________ 1.00 Cash and due from banks 228,294.67 Other resou rces________ 301.00 T otal .$ 593,148.73 Liabilities Capital stock --------------$ Surplus fund _________ Undivided p r o fits ______ Total capital accounts__$ 54,943.96 25,000.00 5,000.00 24,943.96 Demand d eposits_______ Public funds __________ Total dep. __$ 538,057.43 524,360.06 13,697.37 Other lia b ilities________ 147.34 T otal ____________________$ 593,148.73 68 State of Arkansas: Bank Department BANK OP KINGSTON, KINGSTON Population 200. Madison County Chartered April 7, 1911 Transit Number 81-467 Officers A . B. Bunch_______________ President Tom Hargis__________ Vice President W ilson Bunch_______________ Cashier Wm. B. Bunch________Asst. Cashier Directors A. B. Buneh Tom Hargis Fred Evon Bunch Ada B. McCracken Wilson Bunch STATEMENT OF Resources Loans and discounts------$ 79,315.06 92,000.00 U. S. Gov’t obligations — Other bonds and 26,960.00 secu rities____________ Furniture and fix tu res_ 321.00 1.00 Banking h o u s e -----------Other real e s ta te --------3.00 Cash and due from banks 122,146.34 JUNE 80, 1958 Liabilities Capital stock _________ $ Surplus fund -------------Undivided p r o fits --------Reserves ______________ Total capital accounts_$ 34,529.39 Total _________________ $ 320,746.40 Demand d ep osits_______ Time d e p o sits_________ Public funds __________ Total dep. __$ 286,217.01 10,000.00 10,000.00 9,529.39 5,000.00 182,227.50 93,989.51 10,000.00 T o ta l__________________ $ 320,746.40 BANK OF LAKE VILLAGE, LAKE VILLAGE Population 2,484. Chicot County Chartered October 14, 1937. Telephone No. ANdrew 5-2241. Transit No. 81-598 Officers W. T. Wynn______________ President E. T. Cashion__Exec. Vice President J. B. Gillison-------------- Vice President J. S. Suitt---------------------------- Cashier Joyce Bell------------------- Asst. Cashier Dessie Lee Gibbs--------- Asst. Cashier STATEMENT OF Resources Loans and discounts------$1,128,340.35 Overdrafts -----------------94.09 U. S. Gov’t obligations — 548,163.00 Other bonds and secu rities____________ 849,145.04 Furniture and fixtures — 11,500.00 Banking house -----------2,000.00 Cash and due from banks 560,528.45 Other resou rces-----------744.08 Directors Ben Angel D. W. Brooks J. H. Burge E. T. Cashion J. B. Gillison W. G. Lovette D. C. Wynn W. T. Wynn JUNE 30. 1958 Liabilities Capital stock _________ $ 100,000.00 Surplus fund _________ 100,000.00 Undivided p r o fits ______ 137,442.26 Reserves ---------------------18,378.46 Total capital accounts—$ 355,820.72 Demand d ep osits---------- 1,538,253.03 Time d e p o sits_________ 663,287.37 U. S. Gov’t d eposits____ 19,251.55 Public funds __________ 522,000.17 Total dep. —$2,742,792.12 Other lia b ilities------------ T o ta l__________________ $3,100,515.01 1,902.17 T o ta l---------------------------- $3,100,515.01 69 Forty-Fourth Report CITIZENS BANK OF LAVACA, LAVACA Population 373. Chartered May 5, 1910. Sebastian County Telephone Number 2341. Officers J. M. Llewellyn--------------- President Nelle B. Llewellyn__________ Cashier B. E. Andrews_______Asst. Cashier Transit Number 81-378 Directors W. J. Echols Nelle B. Llewellyn J. M. Llewellyn STATEMENT OF JUNE 30, 1958 Resources Loans and discounts___ $ 222,877.29 U. S. Gov’t obligations __ 184,813.75 Other bonds and secu rities____________ 40,187.55 Furniture and fixtures — 1.190.00 Banking house ________ 1.500.00 Cash and due from banks 158,695.33 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p ro fits---------Total capital accounts_$ 62,058.54 15,000.00 25,000.00 22,058.54 Demand d ep osits---------Time deposits _________ U. S. Gov’t d eposits-----Public funds __________ Total dep. 547,205.38 382,564.41 61,605.85 2,539.27 100,495.85 T o ta l__________________ $ 609,263.92 T o ta l__________________ $ 609,263.92 LEACHVILLE STATE BANK, LEACHVILLE Population 1,230. Mississippi County Chartered December 18, 1950. Telephone Number 82. Transit Number 81-769 O fficers J. Lee Bearden____________ President J. L. Swihart________Vice President Robert Braden______________ Cashier Edna L. Kennett______Asst. Cashier Directors J. Lee Bearden J. L. Swihart Nelson Henry Louis Weinburg Dr. T. N. Rodman STATEMENT OF JUNE 30, 1958 Resources Loans and discounts----- $ 517,961.81 120.75 Overdrafts -----------------25,000.00 U. S. Gov’t obligations __ 10,452.82 Furniture and fixtures — 4,331.24 Banking house -----------1.00 Other real e s ta te --------Cash and due from banks 376,906.60 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p ro fits ---------Total capital accounts—$ 142,389.42 T o ta l__________________ $ 934,774.22 T o ta l__________________ $ 934,774.22 Demand deposits ------Time d e p o sits-------------U. S. Gov’t d eposits-----Public funds --------------Total dep. 792,384.80 50,000.00 50,000.00 42,389.42 496.591.77 138.073.78 875.76 156,843.49 70 State of Arkansas: Bank Department LITTLE RIYEE BANK, LEPANTO Population 1,683. Poinsett County Chartered November 21, 1919. Telephone Number 108. Transit Number 81-622 O fficers D. F. Portis_____________ President J. C. Portis__________ Vice President A . T. Bell___________________ Cashier W ill J. Riddick_______ Asst. Cashier T. G. Thompson, Jr---Asst. Cashier A. T. Bell E. P. Burton W. H. Cross Directors Wayne Eason D. F. Portis J. C. Portis STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$1,309,339.52 Overdrafts ____________ .62 U. S. Gov’t obligations __ 273,744.38 Other bonds and secu rities____________ 133,267.50 Furniture and fixtu res 1.00 Cash and due from banks 398,533.77 Liabilities Capital stock --------------$ 100,000.00 Surplus fu n d ---------------- 200,000.00 Undivided p r o fits ---------88,920.32 Reserves ---------------------14,723.82 Total capital accounts—$ 403,644.14 ------------------Demand d ep osits_______ 1,159,536.84 Time deposits _________ 334,998.05 U. S. Gov’t d ep osits-----8,333.69 Public funds --------------208,374.07 Total dep. —$1,711,242.65 T o ta l__________________ $2,114,886.79 T o ta l__________________ $2,114,886.79 LESLIE STATE BANK, LESLIE Population 610. Chartered April 17, 1948. Searcy County Telephone Number 60. Officers Rex Killebrew-------------------- President Arthur J. Siegel--------------- Vice. Pres. & Cashier Helen McBride________Asst. Cashier Transit Number 81-761 Directors J. Virgil Blair Arthur J. Siegel Dr. Charles W. Cotton Page H. Thomas Rex Killebrew STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 299,379.75 Capital stock -------------- $ 25,000.00 U. S. Gov’t obligations— 357,340.80 Surplus fund _________ 25,000.00 30,128.51 Other bonds and Undivided p r o fits --------secu rities____________ 55,198.80 Total capital Furniture and fix tu res 2,412.08 accounts—$ 80,128.51 Cash and due from banks 163,293.16 —;--------------Other resou rces-----------629.17 Demand d ep osits----------404,791.68 Time deposits -------------- 358,870.97 U. S. Gov’t d ep osits-----5,142.47 Public funds --------------29,320.13 Total dep. __$ 798,125.25 T o ta l___________________ $ 878,253.76 T o ta l____________________$ 878,253.76 71 Forty-Fourth Report PEOPLES BANK AND LOAN COMPANY, LEWISVILLE Population 1,237. Chartered August 25, 1911. Lafayette County Telephone Number 98. O fficers W. D. Stewart____________ President J. C. Landes_______Exec. Vice Pres. & Cashier P. D. Burton, Jr----------Vice President Transit Number 81-475 Directors P. D. Burton, Jr. J. C. Landes Alvis Puller J. W . Patton, Jr. J. A . Harrell W . D. Stewart STATEMENT OP JUNE 30, 1958 Resources Loans and discounts____$ Overdrafts -----------------U. S. Gov’t obligations — Other bonds and secu rities------------------Furniture and fix tu res_ Banking house -----------Cash and due from banks Other resou rces------------ Total 695,912.44 810.20 753,000.00 410,267.13 10,684.25 13,000.00 523,091.45 8,970.43 $2,415,735.90 Liabilities Capital stock _________ $ 50,000.00 Surplus fund -------------- 100,000.00 38,749.90 Undivided p r o fits --------Total capital accounts—$ 188,749.90 Demand d eposits_______ 857,739.31 Time d e p o sits-------------- 1,181,045.80 26,041.47 U. S. Gov’t d eposits-----Public funds __________ 162,159.42 Total dep. _ .$2,226,986.00 Total $2,415,735.90 BANK OF LINCOLN, LINCOLN Population 771. Washington County Chartered March 19, 1903. Telephone Number TA 4-1191. Transit No. 81-384 O fficers W. T. Shannon------------------President B. J. Basden--------------- Vice President C. C. Karnes-------------------------Cashier B. J. Basden E. W. Baugh H. A. Lewis Directors R. H. Pitts S. H. Pitts W. T. Shannon STATEMENT OP JUNE 30. 1958 Resources Loans and discounts------$ 590,105.92 Overdrafts ____________ 368.84 U. S. Gov’t obligations — 306,500,00 Other bonds and secu rities-----------------92,320.00 Furniture and fix tu re s_ 1,000,00 Banking house -----------1*00 Cash and due from banks 414,418.45 Total $1,404,714.21 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p r o fits --------Total capital accounts—$ 146,448.52 Demand d eposits_______ Time d e p o sits-------------U. S. Gov’t d eposits____ Public funds __________ Total dep. —$1,258,265.69 Total 25,000.00 50,000.00 71,448.52 937,827.86 265,618.62 12,149.94 42,669.27 $1,404,714.21 72 State of Arkansas: Bank Department BANK OF ARKANSAS, LITTLE ROCK Population 102,213. Pulaski County Chartered October 5, 1955. Telephone No. MOhawk 6-5404. Transit No. 81-780 O fficers Dabbs Sullivan------------------ President Marvin E. Phelps__ Exec. Vice Pres. Harold E. Henson, Jr------------Cashier Mrs. Evelyn Gamble___ Asst. Cashier Directors E. L. Gaunt Marvin E. Phelps J. Herbert Graves Dabbs Sullivan B. T. Harris Beloit Taylor H. E. Henson, Jr. W. H. Thompson Worth James M. D. Turnage Mrs. J. Y. Ledbetter K. P. Wilson E. L. McHaney, Jr. E. L. W right H. F. Minnis STATEMENT OF Resources Loans and discounts------$2,497,308.65 Overdrafts ____________ 140.08 U. S. Gov’t obligations — 213,609.38 Other bonds and secu rities-----------------113,832.50 Furniture and fixtures __ 32,952.82 28,052.37 Banking house ________ Cash and due from banks 1,334,245.48 Other resou rces-----------6,851.28 JUNE 30, 1958 Liabilities Capital stock _________ $ 200,000.00 Surplus fund -------------50,000.00 24,720.13 Undivided p r o fits ______ Reserves ______________ 6,586.46 Total capital accounts—$ 281,306.59 Demand deposits ______ 2,204,203.59 Time deposits _________ 1,495,205.77 35,240.87 U. S. Gov’t d eposits____ Public funds __________ 136,609.58 33,565.71 Deposits o f b an k s--------Total dep. _.$3,904,825.52 Other liabilities ______ T o ta l---------------------------- $4,226,992.56 40,860.45 T o ta l__________________ $4,226,992.56 METROPOLITAN TRUST COMPANY, LITTLE ROCK (Not engaged in commercial banking) Population 102,213. Chartered June 5, 1925 Pulaski County Telephone Number FRanklin 4-1744 Officers Somers Matthews--------------- President Justin Matthews, III_Vice President Justin Matthews, Jr_______ Secretary Eva M. Hale________Asst. Secretary Directors Alice E. Matthews Lila B. Matthews Justin Matthews, III Somers Matthews Justin Matthews, Jr. STATEMENT OF Resources Loans and discounts----- $ 29,734.52 Other bonds and secu rities-----------------7,473.07 Furniture and fixtures — 790.34 Other real e s ta te ______ 137,031.53 Cash and due from banks 27,083.87 Other resou rces________ 222,803.26 JUNE 30, 1958 Liabilities Capital s to c k __________ $ 176,700.00 Surplus fund _________ 17,670.00 Undivided p r o fits --------- 229,397.62 Total capital accounts—$ 423,767.62 T o ta l___________________ $ 424,916.59 T o ta l____________________$ 424,916.59 Other lia b ilities------------ 1,148.97 7S Forty-Fourth Report PULASKI HEIGHTS BANK, LITTLE BOCK Population 102,213. Pulaski County Chartered August 29, 1955. Telephone No. MOhawk 3-6301. Transit No. 81-779 O fficers Robert S. Taylor__________President Leon P. Fields________Vice President J. Darol Bell__________ Asst. Cashier A. B. Corder L. P. Fields J. F. Hewitt A. W. Litz Directors J. T. McKinnon J. H. Mize R. S. Taylor E, R. Warren STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$1,314,302.84 U. S. Gov’t, obligations __ 379,346.38 Other bonds and secu rities____________ 194,882.15 Furniture and fix tu re s_ 40,998.92 77,843.31 Banking house ________ Other real e s ta te ______ 13,146.12 Cash and due from banks 824,173.57 Other resou rces________ 20,000.00 Liabilities Capital s to c k __________ $ 200,000.00 40,000.00 Surplus fu n d __________ Undivided p r o fits ______ 50,662.17 Total capital accounts_$ 290,662.17 Demand deposits ______ 1,441,408.28 Time d eposits__________ 893,686.01 U. S. Gov’t, d ep osits___ 45,366.77 Public funds __________ 183,089.97 Deposits o f b a n k s _____ 10,000.00 Total dep. __$2,573,551.03 Other lia b ilities________ T o ta l________________ $2,864,693.29 480.09 T o ta l________________ $2,864,693.29 74 State of Arkansas: Bank Department WORTHEN BANE AND TRUST COMPANY, LITTLE ROCK Population 102,213. Pulaski County Chartered August 4, 1902. Telephone No. FRanklin 4-4392. Transit No. 81-7 Officers James H. Peniek__________ President John G. Potts________ Vice President Gardner Lile__________ Vice President G. A. Zimmerman____ Vice President Booker Worthen______ Vice President R. B. Elwood_________ Vice President Dan M. Murphy______ Vice President Melvin Lawson________Vice President Edward M. Peniek-------Vice President W illiam G. Cobb______ Vice President Edward O. Manees____ Vice President Emmett L. Darr_____________ Cashier M. S. Heim--------------Asst. Vice Pres. R. M. McCown_____Asst. Vice Pres. Louis East________ Asst. Vice Pres. Chas. L. Tarleton__ Asst. Vice Pres. James Peniek, Jr___Asst. Vice Pres. Simpson Wilbourn__ Asst. Vice Pres. G. L. Alexander_______ Asst. Cashier Prank J. Moser-------------Asst. Cashier Alvin J. Reap, Jr._____ Asst. Cashier A. P. W illiams________ Trust O fficer Charles E. Wade______ Asst. Cashier Richard P. Gates______ Asst. Cashier M. L. Hogan________________ Auditor Directors Wm. C. Allsopp Gus Ottenheimer W . N. Brandon Edward M. Peniek Ted Cameron James H. Peniek W. Robert Crow John G. Potts A lfred Leymer John A . Riggs, Jr. Gardner Lile Robert Roach Prank Lyon Prank M. Silverman Guy Maris Theo C. Treadway Dan M. Murphy Booker Worthen STATEMENT OP JUNE 30, 1958 Resources Loans and discounts___$23,983,406.13 O verdrafts____________ 1,863.84 U. S. Gov’t, obligations _ 22,129,790.84 Other bonds and secu rities___________ 7,415,867.64 Furniture and fixtures _ 167,443.84 Banking house _______ 402,556.16 Cash and due from banks ______________ 20,474,275.72 Other resources ______ 90,184.77 Liabilities Capital stock ------------ $ 1,000,000.00 Surplus fu n d _________ 2,000,000.00 Undivided p r o fits ------919,981.59 Reserves _____________ 541,042.53 Total capital aeeounts_$ 4,461,024.12 Demand d e p o s its ------- 34,081,742.87 Time d e p o sits------------ 15,260,722.47 U. S. Gov’t, d ep osits_ 943,437.69 Public funds -------------- 9,749,947.51 Deposits o f b a n k s ------ 9,861,992.25 Total dep._$69,897,842.79 Other liabilities --------- T o ta l_______________ $74,665,388.94 306,522.03 T o ta l_______________ $74,665,388.94 Forty-Fourth Report 75 BANK OP LOCKESBURG, LOCKESBURG Population 714. Sevier County Chartered October 14, 1902. Telephone Number AV 9-2541. Transit No. 81-385 O fficers R . C. Norwood____________ President Hugh Latimer________Vice President Mrs. R. C. Norwood_________ Cashier Directors Mary P. Hampson R. C. Norwood Hugh Latimer Mrs. R. C. Norwood STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ IJ. S. Gov’t, obligations — Other bonds and secu rities____________ Pum iture and fix tu res__ Banking house ________ Gash and due from banks 169,635.40 186,400.00 110,664.18 1.00 700.00 148,759.22 T o ta l________________ $ 616,159.80 Liabilities Capital s to c k __________ $ Surplus fu n d --------------Undivided p r o fits --------Reserves ______________ Total capital accounts_$ 101,014.97 Demand deposits ______ Time deposits _________ U. S. Gov’t, d ep osits___ Public funds __________ Total dep. __$ 515,144.83 25,000.00 29,000.00 19,875.91 27,139.06 410,222.93 94,407.35 2,290.80 8,223.75 T o ta l________________ $ 616,159.80 FIRST STATE BANK, LONOKE Population 1,556. Lonoke County Chartered March 19, 1935. Telephone No. ORange 6-6357. Transit No. 81-200 Officers J. O. Bennett---------------------- President W . H. Bransford, Sr_Vice President Arthur Herring______________Cashier E. L. White___________ Asst. Cashier Directors J. O. Bennett M. E. Lyons Neil Bennett Chas. A. Miller Wayne Bennett Guy E. Williams W. H. Bransford, Sr. STATEMENT OP JUNE 30, 1958 Resources Loans and discounts___ $1,225,772.35 O verdrafts_____________ 771.76 U. S. Gov’t, obligations_ 534,695.31 Other bonds and 405,561.91 secu rities____________ Furniture and fix tu re s_ 9,347.74 Banking h ou se_________ 1.00 Cash and due from banks 408,074.15 Other resou rces________ 1,599.93 Liabilities Capital s to c k __________ $ 50,000.00 Surplus fund __________ 60,000.00 Undivided p r o fits ______ 208,945.62 Reserves ______________ 405.63 Total capital accounts_$ 319,351.25 Demand deposits ______ 1,676,451.55 Time deposits _________ 182,068.46 U. S. Gov’t, d ep osits___ 13,363.75 Public funds __________ 208,026.64 Total dep. __ $2,079,910.40 Borrowed money ______ T o ta l-------------------------$2,585,824.15 186,562.50 T o ta l_______________ $2,585,824.15 76 State of Arkansas: Bank Department FARMERS BANK AND TRUST COMPANY, MAGNOLIA Population 6,918. Columbia County Chartered September 26, 1906. Tel. . CE 4-2211. Officers R. S. Warnock, Jr_________ President W. L. Jameson, Jr____ Vice President R. S. Foster_________ Vice President W . N. Paschal_______ Vice President W. K. Twitty_______________ Cashier Dean Reagan------------ Asst. Cashier Directors R. S. Foster H. A. Reid W . E. Fullenwider J. A. W. Souter W . L. Jameson, Jr. W. K. Twitty W. N. Paschal R. S. Warnock, Jr. Mrs. T. H. Reeves STATEMENT 0 Resources Loans and diseouns____$ 367,493.41 U. S. Gov’t obligations — 6,029,232.00 Other bonds and secu rities____________ 440,926.33 Furniture and fixtures— 24,188.00 24,541.00 Banking house -----------Cash and due from banks 1,991,635.19 Transit Number 81-163 JUNE 30, 1958 Liabilities Capital s to c k --------------- $ 50,000.00 Surplus fu n d __________ 200,000.00 Undivided p r o fits ______ 411,687.02 Reserves ---------------------30,566.66 Total capital accounts_$ 692,253.68 Demand deposits ______ 6,037,016.59 Time d e p o sits_________ 1,770,975.33 U. S. Gov’t deposits — 41,133.27 Public funds __________ 336,637.06 Total dep. _ .$8,185,762.25 T o ta l---------------------------- $8,878,015.93 Total _________________ $8,878,015.93 77 Forty-Fourth Report BANK OF MALVERN, MALVERN Population 8,072. Hot Spring' County Chartered June 24, 1889. Telephone Number 2066. O fficers J. Elmo Young------------------- President Jester Jones___ Exec. Vice President Ray N. Boyle------------- Vice President Wm. H. Glover--------- Vice President Glenville Rhodes____Asst. Exec. Vice Pres. Foy G. Ritchey-------------------- Cashier Miss Hester H. Smith—Asst. Cashier Edward L. Tull________ Asst. Cashier Paul E. Bowdle________ Asst. Cashier John Thomason________ Asst. Cashier Transit Number 81-131 Directors Mrs. Flora B. Adams Jester Jones Ray N. Boyle Charles S. Smith Zerah T. Caldwell J. Elmo Young Wm. H. Glover Tom Ross Young STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$1,359,764.75 U. S. Gov’t obligations — 1,566,812.50 Other bonds and secu rities____________ 593,616.09 Furniture and fixtures — 10,000.00 Banking house ________ 2,000.00 Cash and due from banks 956,014.24 Other resources ----------16,625.27 Total __________________ $4,504,832.85 Liabilities Capital stock _________ $ 100,000.00 Surplus fund -------------- 100,000.00 Undivided p r o fits --------- 147,389.49 Reserves ________________ 61,000.00 Total capital accounts—$ 408,389.49 Demand deposits --------- 3,100,773.75 Time deposits -------------- 597,631.28 U. S. Gov’t d ep osits-----81,456.64 Public funds __________ 255,846.44 Deposits o f b a n k s_____ 60,735.25 Total dep. —$4,096,443.36 Total .$4,504,832.85 78 State of Arkansas: Bank Department PEOPLES BANK, MAMMOTH SPRING Population 870. Fulton County Chartered February 8, 1921. Telephone Number 44. Transit Number 81-645 Officers Cloy H. Culver____________ President M. H. Powell--------------Vice President Lem W. Lewis--------------------- Cashier Directors AudaM . Culver J. B. Plumlee Cloy H. Culver M. H. Powell W . L. Miller STATEMENT OF JUNE 30. 1958 Resources Loans and discou n ts__ $ Overdrafts ___________ U. S. Gov’t obligations __ Furniture and fixtu res_ Banking house ________ Cash and due from banks 178,224.82 890.00 498,972.50 1.00 1.00 251,231.65 Total _________________ $ 929,320.97 Liabilities Capital stock --------------$ Surplus fu n d --------------Undivided p r o fits ______ Total capital accounts_$ 99,320.94 25,000.00 25,000.00 49,320.94 Demand deposits ______ Time deposits _________ U. S. Gov’t d ep osits____ Public funds __________ Total dep— $ 830,000.03 717,183.34 70,565.00 4,872.28 37,379.41 Total ---------------------------$ 929,320.97 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 Bobby W hite__________ Asst. Cashier Transit Number 81-710 Directors H. D. Alston Lora Fleeman Wm. Borowsky Wm. G. Fox E. C. Fleeman L. E. Townsend Fred Fleeman STATEMENT OF JUNE 30, 1958 Resources Loans and d iscou n ts___$ 647,386.95 U. S. Gov’t obligations_ 29,506.25 Other bonds and securities ----------------39,000.00 Furniture and fixtures_ 6,062.89 Banking house -----------4,525.22 Other real e s ta te --------3,000.00 Cash and due from banks 275,219.03 Other resources _______ 7,102.98 T otal $1,011,803.32 liabilities Capital s to c k --------------- $ Surplus fu n d --------------Undivided p r o fits ______ Total capital accounts. _$ 174,861.53 Demand deposits ______ Time d e p o sits-------------U. S. Gov’t d eposits____ Public funds __________ Total dep___$ 836,941.79 Total 75,000.00 50,000.00 49,861.58 535,360.47 115,164.28 1,728.34 184,688.70 $1,011,803.32 79 Forty-Fourth Report BANK OP MANSFIELD, MANSFIELD Population 869. Sebastian County Chartered February 16, 1939. Telephone Number 7. Transit Number 81-249 Officers Directors W . W . Holbrook--------------- President Gilmer K. Dixon W. W. Holbrook S. M. Taylor Gilmer K. Dixon______Vice President B. R. Holbrook B. R. Holbrook--------------------Cashier Marie Kelley__________ Asst. Cashier STATEMENT OF Resources Loans and discounts — $ 804,011.69 Overdrafts ____________ 249.31 U. S. Gov't obligations— 645,209.10 Other bonds and secu rities-----------------281,282.10 Furniture and fixtures— 1.00 2,000.00 Banking house ________ Cash and due from banks 369,563.88 Total $1,602,317.08 JUNE 30, 1958 Liabilities Capital s to c k --------------- $ Surplus fu n d --------------Undivided p r o fits --------Reserves ______________ Total capital accounts—$ 168,623.48 Demand deposits --------Time d e p o sits-------------U. S. Gov't d eposits-----Public funds __________ Total dep. —$1,433,693.60 Total 30,000.00 60,000.00 37,688.42 40,935.06 907,705.92 387,451.21 7,629.39 130,907.08 $1,602,317.08 FARMERS AND MERCHANTS BANK, MARIANNA Population 4,530. Lee County Chartered January 9, 1942. Telephone No. CY 4-2535. Transit Number 81-744 Officers Directors H. L. Petty----------------------- President E. D. Conner W. V. Moye W. V. Moye__________ Vice President Thos. H. Gist H. L. Petty Glenn U. Miller----------Vice President A. C. Mahan, Jr. R. D. Smith, Jr. W. R. Jones__________ Vice President Glenn U. Miller H. B. White & Cashier John F. Miller H. W. Wilson Mrs. Nelle R. Stallings_Asst. Cashier W. P. Mixon Mrs. Margaret D. Harris— Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts — $1,227,863.87 Capital s to c k __________ $ 75,000.00 Overdrafts -----------------6,549.23 Surplus fu n d --------------100,000.00 U. S. Gov’t obligations_ 104,248.12 Undivided p r o fits ______ 86,425.12 Other bonds and 24,035.70 Reserves -----------------------securities ___________ 76,728.27 Total capital Furniture and fixtures_ 11,911.65 accounts—$ 285,460.82 Cash and due from banks 701,077.31 Other resources _______ 1,501.60 Demand d e p o s its______ 1,464,575.73 Time d ep osits_________ 156,212.60 U. S. Gov’t d eposits____ 15,625.00 Public funds __________ 208,005.90 Total dep— $1,844,419.23 T otal .$2,129,880.05 Total $2,129,880.05 80 State of Arkansas: Bank Department CITIZENS BANK, MARION Population 883. Crittenden County Chartered March 15, 1938. Tel. No. PErshing 9-3232. Transit Number 81-742 Officers J. F. Fogleman-----------------President A. J. Lumpkin—Vice Pres. & Cashier Mary L. Hoskins______Asst. Cashier Directors Perry Barton A. J. Lumpkin Wilson P. Barton J. C. Mann J. F. Fogleman Dana Sulcer Allen B. Helms STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ Overdrafts ____________ U. S. Gov’t obligations— Other bonds and secu rities-----------------Furniture and fixtures— Banking house ________ Other real e s ta te --------Cash and due from banks Liabilities 672,583.11 Captial s to c k __________ $ 50,000.00 106.62 Surplus fu n d __________ 50,000.00 892,300.00 Undivided p r o fits ______ 70,524.80 Reserves ---------------------6,605.18 185,512.49 Total capital 1.00 accounts—$ 177,129.98 50,000.00 — --------------1.00 Demand deposits ______ 1,034,959.46 573,785.31 Time d e p o sits_________ 418,657.78 U. S. Gov’t d ep osits____ 1,459.25 742,083.06 Public funds --------------Total dep. —$2,197,159.55 Total -------------------------- $2,374,289.53 Total __________________$2,374,289.53 MARKED TREE BANK, MARKED TREE Population 2,878. Chartered March 3, 1932. Poinsett County Telephone Number 60. Transit Number 81-705 Officers Directors John Brunner--------------------- President Sidney Arnold Frank Brunner John Brunner, Jr---- Exec. Vice Pres. John Brunner L. V. Ritter L. H. G oa d --------------------------- Cashier John Brunner, Jr. L. V. Ritter, Jr. Helen Stewart--------------Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ 621,208.49 Overdrafts ____________ 175.88 U. S. Gov’t obligations— 1,333,577.44 Other bonds and securities ___________ 176,000.00 Furniture and fixtures— 10,874.25 Cash and due from banks 775,872.35 Liabilities Capital s to c k --------------- $ 50,000.00 Surplus fu n d ---------------100,000.00 Undivided p r o fits ---------- 127,031.59 10,509.96 Reserves ---------------------Total capital accounts—$ 287,541.55 ------------------Demand d e p o s its --------- 1,982,114.29 Time d eposits--------------404,761.80 U. S. Gov’t d eposits-----9,050.28 Public funds --------------234,240.49 Total dep. —$2,630,166.86 T o t a l___________________ $2,917,708.41 T otal ---------------------------- $2,917,708.41 81 Forty-Fourth Report THE CITIZENS BANK, MARSHALL Population 1,189. Searcy County Chartered February 26, 1940. Telephone Number 27. Transit Number 81-715 Officers Harold Allen-------------------- President Wordna Allen----------------------Cashifer Ben Treat_____________ Asst. Cashier Harold Allen Wordna Allen Directors N. J. Henley Dewey Massey STATEMENT OF JUNE 80, 1958 Resources Liabilities Loans and discou n ts___$ 599,707.02 Capital s to c k __________ $ 25,000.00 Overdrafts ____________ 5.60 Surplus fu n d __________ 75,000.00 U. S. Gov’t obligations __ 256,984.38 Undivided p r o fits ______ 30,910.22 Other bonds and Total capital secu rities____________ 375,487.63 accounts_$ 130,910.22 Furniture and fixtures _ 3,740.59 Banking house ________ 7,716.50 Demand deposits ______ 765,964.07 8,800.00 Time deposits _________ Other real e s ta te ______ 553,136.71 Cash and due from banks 329,539.38 U. S. Gov’t d ep osits____ 19,302.04 Public funds __________ 94,668.06 Deposits o f b a n k s_____ 18,000.00 Total dep. __$1,451,070.88 Total _______________ $1,581,981.10 Total _______________ $1,581,981.10 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. W illis________Exec. Vice Pres. & Cashier F. H. Webster______Vice President Edmund Hirsch-------- Vice President Pauline H. Wilson_____Asst. Cashier Directors Saul Davidson Rachel Swift Edmund Hirsch F. H. Webster Weldon Jackson H. B. W illis STATEMENT OF JUNE 30. 1958 Resources Liabilities Loans and discounts------- 397,424.54 Capital stock _________ $ 50,000.00 50,000.00 24.33 Surplus fu n d __________ Overdrafts -----------------55,412.68 U. S. Gov’t obligations _ 521,076.80 Undivided p r o fits ______ Reserves ______________ 50,000.00 Other bonds and securities ----------------76,018.54 Total capital accounts__$ 205,412.68 Furniture and fixtures _ 1.00 Banking h ou se-------------1.00 Cash and due from banks 308,320.38 Demand deposits ______ 1,035,683.59 Time deposits _________ 4,000.00 U. S. Gov’t d eposits___ 10,814.53 Public funds __________ 46,955.79 Total dep. —$1,097,453.91 T otal .$1,302,866.59 T otal ___ $1,302,866.59 82 State of Arkansas: Bank Department BANK OP McCRORY, McCRORY Population 1,115. Chartered June 8, 1903. W oodruff County Telephone Number 3211. Officers I. N. Arnof______________ President Otto Miller_____Exec. Viee President Vance M. Thompson_Vice President John D. Eldridge, Jr.__Viee President Curtis A. Houston--------------- Cashier Mrs. Ruth P. Hale------ Asst. Cashier Mrs. Imogene Beeson. _Asst. Cashier James W . Taylor_____ Asst. Cashier Transit Number 81-261 Directors I. N. Arnof Vance M. Thompson John D. Eldridge, Jr. STATEMENT OP JUNE 30, 1958 Resources Loans and discounts — $1,261,546.56 Overdrafts -----------------3,325.79 U. S. Gov’t obligations— 440,000.00 Other bonds and secu rities____________ 743,000.68 Furniture and fixtures— 9,965.06 Banking house ________ 39,775.31 Other real e s ta te ______ 1,000.00 Cash and due from banks 634,500.80 Other resources _______ 2.00 Liabilities Capital s to c k --------------- $ 75,000.06 Surplus fu n d ___________ 75,000.00 Undivided p r o fits ______ 99,565.45 Total capital accounts_$ 249,565.45 ------------------Demand deposits ______ 2,104,085.16 Time d e p o sits__________ 539,840.86 U. S. Gov’t d eposits____ 14,447.73 Public funds ---------------202,911.98 Deposits o f b an k s--------22,265.03 Total dep. __$2,883,550.75 Total -------------------------- $3,133,116.20 Total _________________ $3,133,116.20 83 Forty-Fourth Report McGEHEE BANK, McGEHEE Population 3,854. Desha County Chartered December 5, 1933. Telephone No. CA 2-3151. Transit Number 81-585 O fficers R. G. Verser________Chm. o f Board Sam Bowman______________ President J. W. W illoughby, Jr.—Vice President J. R. Rich__________________ Cashier Mark E. Sherland, Jr-------------- Asst. Vice President James B. Morgan______Asst. Cashier R. L. Beck Sam Bowman J. T. Clower C. J. Griffith Directors D. C. Loyd W . A. Smith R. G. Verser J. W . W illoughby, Jr. STATEMENT OP JUNE 30, 1958 Liabilities Resources Loans and discounts____$2,643,667.02 Capital s to c k --------------- $ 200,000.00 16.59 Surplus fu n d __________ 200,000.00 O verdrafts_____________ 173,959.88 U. S. Gov’t obligations_ 778,840.46 Undivided p r o fits --------R eserves-------------------------64,664.96 Other bonds and secu rities____________ 1,607,185.31 Total capital accounts_$ 638,624.84 Furniture and fixtures — 13,159.07 Cash and due from banks 994,884.46 Other resou rces-----------4,288.57 Demand deposits ______ 2,749,984.73 Time deposits -------------- 1,967,451.36 U. S. Gov’t d eposits____ 157,278.23 Public funds____________ 517,147.51 Total dep. __$5,391,861.83 Other lia b ilities________ T o ta l___ ____ $6,042,041.48 11,554.81 T o ta l________________ $6,042,041.48 BANK OF MELBOURNE, MELBOURNE Population 568. Izard County Chartered June 29, 1896. Telephone Number 17. Transit Number 81-397 Officers J. C. Miller_______________ President Tom Simpson________Vice President A. J. Younger______________ Cashier Opal Troxler--------------- Asst. Cashier Directors J. C. Miller A. J. Younger Tom Simpson STATEMENT OP JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 220,542.05 Capital s t o c k ----------------$ 25,000.00 229.18 Surplus fu n d __________ O verdrafts_____________ 25,000.00 U. S. Gov’t obligations __ 425,050.00 Undivided p r o fit s --------54,930.10 Other bonds and Reserves ---------------------2,500.00 secu rities____________ 32,909.80 Total capital Furniture and fix tu re s_ 1,001.00 accounts—$ 107,430.10 Banking h ou se_________ 1.00 Cash and due from banks 339,490.35 Demand deposits ______ 797,728.41 T o t a l___ TT U f O U . U U Y V U C p U O A V S S ------------- Public funds __________ Total dep. __$ 911,793.28 _$1,019,223.38 1 / l d e o t A lU jU U O .l^ 97,406.75 T o t a l-------------------------- $1,019,223.38 84 State of Arkansas: Bank Department THE UNION BANK OP MENA, MENA Population 4,445. Chartered July 25, 1934. Polk County Telephone Number 85. Officers W. J. Lauek_______________ President W . L. Boyd________Exec. Vice Pres. & Cashier Bill Lauck W ood_____Vice President C. C. Crowell_________Asst. Cashier W. L. Boyd C. C. Crowell W. J. Lauck Transit Number 81-98 Directors L. L. Morrow Dale Rodgers Bill Lauck Wood STATEMENT OF JUNE 30, 1958 Resources Loans and discounts___ ! U. S. Gov’t obligations — Other bonds and secu rities____________ Furniture and fix tu res_ Banking h ou se_________ Cash and due from banks Liabilities 914,955.65 Capital s to c k __________ $ 75,000.00 736,758.88 Surplus fu n d ___________ 50,000.00 Undivided p r o fit s ______ 129,068.15 856,834.04 Total capital 5,690.70 accounts_$ 254,068.15 14,214.92 ------------------566,984.07 Demand deposits ______ 2,330,689.96 Time deposits _________ 246,567.41 U. S. Gov’t d ep osits____ 39,501.78 Public funds --------------224,610.96 Total dep. —$2,841,370.11 T o ta l-------------------------$3,095,438.26 T o ta l------------------------- $3,095,438.26 MONETTE STATE BANK, MONETTE Population 1,114. Chartered December 29, 1936. Craighead County Telephone No. 50. Transit Number 81-724 Officers Directors Claude Finch--------------------- President Nathan Deutsch Ruth P. Latta Verlene Fullen_________Asst. Cashier Charles Frierson Claude Finch Thurman Miller________Asst. Cashier Charles Frierson, III Donald Kirksey________ Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$1,273,681.40 U. S. Gov’t obligations __ 39,804.69 Other bonds and 229,703.82 secu rities____________ Furniture and fixtu res_ 9,886.34 Other real e s ta te ______ 1.00 Cash and due from banks 574,349.73 T o t a l_________________ $2,127,426.98 Liabilities Capital s to c k __________ $ 50,000.00 50,000.00 Surplus fu n d __________ Undivided p r o fits --------118,726.87 Reserves -----------------------25,000.00 Total capital aecounts__$ 243,726.87 Demand deposits --------- 1,447,173.27 Time d e p o sits_________ 345,865.53 U. S. Gov’t d eposits____ 2,924.10 Public funds __________ 87,737.21 Total dep. —$1,883,700.11 T o t a l---------------------------$2,127,426.98 Forty-Fourth Report 85 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 Mrs. Mabel C. Sherry_______ Cashier Mrs. Hazel Dickinson_Asst. Cashier Mrs. W illie Mae W illis_Asst. Cashier Directors J. A. Baxter John B. Posey J. F. Brann James A. Ross E. R. Lambert Joe Shelton Y irgil J. Trotter, Jr. J. D. McCloy Joe McCloy STATEMENT OF JUNE 30. 1958 Resources Liabilities Loans and discounts___ $ 672,836.07 Capital s to c k --------------- $ 60,000.00 100,000.00 O verdrafts_____________ 158.59 Surplus fu n d __________ U. S. Gov’t obligations_ 475,000.00 Undivided p r o fits ______ 45,265.59 70,000.00 Other bonds and Reserves ______________ 485,961.69 Total capital secu rities____________ accounts_$ 275,265.59 Furniture and fix tu res_ 3,994.31 Banking house ________ 2,000.00 Cash and due from banks 420,468.29 Demand deposits ______ 1,522,556.43 Other resou rces________ 2,465.93 Time deposits _________ 76,763.97 16,599.69 U. S. Gov’t d ep osits___ Publie funds __________ 171,699.20 Total dep. __$1,787,619.29 T o ta l________________ $2,062,884.88 T o ta l________________ $2,062,884.88 UNION BANK AND TRUST COMPANY, MONTICELLO Population 4,501. Drew County Chartered September 15, 1915. Telephone Number 610. Transit Number 81-156 Officers Charles W. Daniel_________ President Mrs. Virginia Pierce__ Vice President F. L. Lance________________ Cashier Jimmie L. Taylor______ Asst. Cashier Mrs. Aileen Coston____ Asst. Cashier Directors R. A. Adcock Wells M offatt Brown Calhoun Dr. J. P. Price George R. CampsteiR. F. Trotter Chas. W. Daniel Adrian Williamson Zach McClendon M. F. W right STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts___ $1,289,876.08 Capital s to c k __________ $ 100,000.00 O verdrafts_____________ 184.47 Surplus fu n d __________ 100,000.00 U. S. Gov’t obligations_ 683,993.00 Undivided p r o fits ______ 143,961.17 Reserves ______________ 307,617.52 Other bonds and secu rities____________ 1,789,219.44 Total capital Furniture and fix tu re s_ 1.00 accounts_$ 651,578.69 Banking house ________ 1.00 Other real e s ta te ______ 1.00 Demand deposits ______ 2,763,889.24 Cash and due from banks 783,597.33 Time deposits _________ 351,124.03 Other resou rces________ 921.04 U. S. Gov’t d eposits____ 82,520.89 Public funds __________ 692,170.42 Deposits o f banks______ 6,511.09 Total dep. __$3,896,215.67 T o t a l-------------------------- $4,547,794.36 T o ta l_________________ $4,547,794.36 86 State of Arkansas: Bank Department MORRILTON SECURITY BANK, MORRILTON Population 5,483. Conway County Chartered November 19, 1954. Telephone Number 34. Transit Number 81-777 Officers Claude M. Parish---------------President Nathan Gordon_______Vice President Howard E. Jones____________ Cashier James L. Martin_____ Asst. Cashier Directors Osco Coleman Nathan Gordon W. G. Davis Howard E. Jones Claude M. Parish A. J. Meadors Edward Gordon, Jr. Felix Schlosser Mayo Gordon STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ U. S. Gov’t obligations — Other bonds and secu rities-----------------Furniture and fixtures — Banking house ________ Cash and due from hanks 542,633.68 645,705.51 233,010.68 19,680.18 9,579.15 567,583.28 Liabilities Capital s to c k --------------- $ 100,000.00 Surplus fu n d --------------40,000.00 42,057.05 Undivided p r o fit s ______ Reserves ______________ 2,244.72 Total capital accounts—! 184,301.77 Demand deposits ______ 1,097,615.79 Time deposits _________ 519,454.34 U. S. Gov’t d ep osits____ 10,177.59 Public funds __________ 133,342.99 Deposits o f b an k s--------73,300.00 Total dep. —$1,833,890.71 T o ta l________________ $2,018,192.48 T o ta l________________ $2,018,192.48 Forty-Fourth Report 87 THE FIRST STATE BANK, MORRILTON Population 5,483. Conway County Chartered November 26, 1930. Telephone Number 10. Transit Number 81-144 O fficers Directors S. E. McReynolds________President Cleo Cheek S. E. MeReynolds L. T. Oates__________Vice President W. E. Love L. T. Oates A. F. Williams C. E. Linebarger___________ Cashier S. R. McKinley H. J. Kordsmeier---------- Asst. Cashier S. W . Callihan________Asst. Cashier Bill Davidson__________ Asst. Cashier STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discounts____$1,643,462.17 Capital s t o c k --------------- $ 150,000.00 Surplus fu n d __________ 150,000.00 O verdrafts----------72.39 U. S. Gov’t obligations — 2,193,796.89 Undivided profits ______ 219,661.90 Reserves ---------------------71,076.87 Other bonds and Total capital secu rities______ 606,837.99 accounts_$ 590,738.77 Banking house ________ 30,000.00 Other real e s ta te ______ 1.00 Cash and due from banks 1,529,512.30 Demand deposits ______ 3,961,869.93 Time deposits -------------- 1,266,105.80 U. S. Gov’t d eposits____ 77,833.11 Public funds __________ 98,103.00 Deposits of b a n k s------4,588.74 Total dep. __$5,408,500.58 Other lia b ilities________ T o ta l________________ $6,003,682.74 Total 4,443.39 $6,003,682.74 THE BANK OF MONTGOMERY COUNTY, MT. IDA Population 566. Montgomery County Chartered November 26, 1930. Tel. No. TOwnsend 7-3491. Transit No. 81-404 O fficers Directors R. A . Rice----------------------- President J. A. Rice Arthur Standridge J. A. Rice____________ Vice President R. A. Rice A. S. Hulsey_______________ Cashier Juanita Standridge____Asst. Cashier STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts------$ 450,997.84 Capital s to c k --------------- $ 25,000.00 35,000.00 O verdrafts_____________ 1,111.90 Surplus fu n d __________ 43,660.70 U. S. Gov’t obligations __ 351,227.50 Undivided p r o fits ______ Other bonds and Reserves ---------------------9,757.28 10,000.00 Total capital secu rities____________ Furniture and fix tu re s_ 5,059.63 aceounts__$ 113,417.98 Banking house ________ 770.30 Other real e s ta te --------9,049.37 Demand deposits --------- 744,003.74 Cash and due from banks 339,818.74 Time deposits _________ 218,536.62 U. S. Gov’t d eposits____ 11,603.36 Public funds------------------80,473.58 Total dep. __$1,054,617.30 T otal $1,168,035.28 Total _ $1,168,035.28 88 State of Arkansas: Bank Department THE PEOPLES BANK, MOUNTAIN HOME Population 2,217. Chartered August 10, 1906. Baxter County Telephone Number 6. Transit Number 81-402 Officers Directors J. Paul Morgan_____ Chm. o f Board Don J. Baker Powers L. Fowler J. Paul Morgan Powers L. Fowler_________President Earle Bryant Don J. Baker-----------Vice President W ylo Dyer Neil Nelson Earle Bryant--------------- Vice President W ylo Dyer___________ Vice President Neil Nelson_________________ Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts____$1,331,989.83 Capital s to c k --------------- $ 100,000.00 O verdrafts_____________ 23.19 Surplus fu n d __________ 100,000.00 U. S. Gov’t obligations_ 1,154,290.00 Undivided p r o fits ______ 57,551.71 Other bonds and Reserves ______________ 20,103.10 secu rities-----------------369,685.07 Total capital accounts_$ 277,654.81 Furniture and fix tu res_ 22,893.40 48,610.97 Banking house -----------Other real e s ta te ______ 1.00 Demand deposits ______ 3,279,380.09 Cash and due from banks 1,101,570.77 Time deposits _________ 320,123.66 U. S. Gov’t d eposits-----1,750.00 Public funds __________ 150,155.67 Total d e p ._$3,751,409.42 T o ta l-------------------------$4,029,064.23 T o ta l________________ $4,029,064.23 BANK OF MOUNTAIN VIEW, MOUNTAIN VIEW Population 1,043. Stone County Chartered July 21, 1915. Telephone Number CO 9-3419. Transit Number 81-403 Officers Hubert Hinkle--------------------President H. S. Mabry, Jr---------------- Vice Pres. & Cashier Marie Goodman_______ Asst. Cashier Charles A. Lowe-------- Asst. Cashier Directors Glen Hinkle G. R. Sansom Hubert Hinkle E. B. Watts H. S. Mabry, Jr. STATEMENT OF Resources Loans and discounts___ $ 320,978.16 U. S. Gov’t obligations __ 420,100.00 Other bonds and 50,000.00 secu rities____________ 5,046.12 Furniture and fix tu res_ 700.00 Banking house ________ Cash and due from banks 280,004.54 JUNE 30, 1958 Liabilities Capital s to c k __________ ! Surplus fu n d __________ Undivided p r o fits --------Total capital accounts—$ 155,560.35 T o t a l_________________ $1,076,828.82 Demand deposits ______ Public funds __________ Total dep. __$ 921,268.47 25.000. 00 75.000.00 55,560.35 827,247.41 94,021.06 T o t a l_________________ $1,076,828.82 89 Forty-Fourth Report BANK OF MULBERRY, MULBERRY Population 952. Crawford County Chartered January 15, 1902. Telephone Number 2591. Transit Number 81-257 O fficers S. B. Stevinson____________ President T. J. House____Vice Pres. & Cashier Mrs. T. J. House______Asst. Cashier C. D. Chastain________Asst. Cashier C. R. Counts B. J. Farmer T. J. House Directors Dr. O. J. Kirksey S. B. Stevinson STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ O verdrafts_____________ U. S. Gov’t obligations_ Other bonds and secu rities____________ Furniture and fix tu res_ Banking house ________ Cash and due from banks Other resources _______ Total Liabilities Capital s to c k --------------- $ Surplus fu n d --------------Undivided p r o fit s --------Total capital accounts_$ 152,184.28 393,509.94 2,793.12 308,600.00 124,641.54 4,500.00 1.00 291,377.23 1,638.80 Demand deposits ______ Time deposits _________ U. S. Gov’t d eposits____ Public funds __________ Total dep. 974,877.35 $1,127,061.63 25,000.00 50,000.00 77,184.28 884,308.49 13,053.74 8,626.23 68,888.89 T o ta l________________ $1,127,061.63 PIKE COUNTY BANK, MURFEESBORO Population 1,079. Pike County Chartered December 19, 1904. Tel. No. ATlantic 5-2361. Transit Number 81-405 Officers John Beavers______________President C. W. Damall_______________ Cashier Cleo Risner____________ Asst. Cashier John Beavers C. W. Darnall Glenn Hickey Directors Mabel B. Manville Carle Robbins STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ O verdrafts_____________ U. S. Gov’t obligations __ Other bonds and secu rities____________ Furniture and fixtures — Banking house ________ Cash and due from banks Other resou rces________ 829,324.47 642.16 421,047.50 296,651.40 2,000.00 5,700*00 705,660.68 2.00 T o t a l_________________ $2,261,028.21 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 201,619.98 50,000.00 60,000.00 91,619.98 Demand deposits ______ 1,171,000.58 Time deposits _________ 572,523.75 Public funds __________ 315,883.90 Total dep. __$2,059,408.23 T o ta l_________________ $2,261,028.21 90 State of Arkansas: Bank Department BANK OP NETTLETON, NETTLETON Population 1,382. Chartered February 13, 1904. Craighead County Tel. No. WE 2-2131. Officers L. D. Kiech________________ President Yeon C. Kiech________Vice President E. E. Hale_________________ Cashier R. E. Thomas_________Asst. Cashier Transit Number 81-406 Directors E. E. Hale Veon C. Kieeh L. D. Kiech Knight Laird Maurice C. Kiech STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ O verdrafts_____________ U. S. Gov’t obligations __ Other bonds and secu rities____________ Furniture and fix tu res_ Banking house ________ Cash and due from banks 917,791.41 28.76 411,000.00 106,531.00 4,860.00 13,400.00 269,357.78 T o ta l________________ $1,722,968.95 Liabilities Capital s to c k --------------- $ 80,000.00 Surplus fu n d __________ 120,000.00 Undivided p r o fits ______ 79,786.56 Total capital accounts_$ 279,786.56 Demand deposits --------- 1,083,458.86 Time deposits _________ 270,950.33 2,571.12 U. S. Gov’t d eposits-----Public funds __________ 65,937.65 Deposits o f b a n k s _____ 20,264.43 Total dep. __$1,443,182.39 T o ta l________________ $1,722,968.95 BANK OF NEWARK, NEWARK Population 913. Independence County Chartered October 10, 1944. Tel. «No. Pilgrim 6-3221. Transit Number 81-748 Officers W . J. Freeze_____________ President Stella Edwards Cash_Vice President J. L. Magness_______________ Cashier Houston House________Asst. Cashier Directors Dr. O. L. Bone Mrs. Stella Edwards Cash J. W . Freeze W. J. Freeze J. L. Magness STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 202,105.50 Capital s to c k __________ $ 25,000.00 O verdrafts_____________ 337.38 Surplus fu n d ___________ 25,000.00 U. S. Gov’t obligations— 202,000.00 Undivided p r o fits ---------36,411.31 Other bonds and Total capital secu rities-----------------61,017.64 accounts—$ 86,411.31 Furniture and fix tu res_ 1,811.00 ------------------Banking house -----------7,456.62 Demand deposits ______ 506,136.65 Cash and due from banks 195,063.10 U. S. Gov’t d eposits____ 5,047.50 Public funds --------------72,195.78 Total dep. __$ 583,379.93 T o t a l-------------------------- $ 669,791.24 T o t a l_________________ $ 669,791.24 91 Forty-Fourth Report BANK OP NEW EDINBURG, NEW EDINBURG Population 500. Cleveland County Chartered August 22, 1904. Telephone No. 879J2. Transit Number 81-408 O fficers Directors W. K. Parham Ray Attwood_____________ President Ray Attwood W . K. Parham________Vice President Geneva Attwood Geneva Attwood-------------------- Cashier Louise Sledd__________ Asst. Cashier STATEMENT OP JUNE 30. 1958 Liabilities Resources Loans and discounts------$ 97,189.81 Capital stock $ 25,000.00 10,000.00 U. S. Gov’t obligations_ 191,000.00 Surplus fund — 11,816.88 Other bonds and Undivided profits 23,163.16 Total capital secu rities-----------------Furniture and fix tu re s_ 81.00 accounts_$ 46,816.88 Banking house ________ 276.53 260,177.86 Cash and due from banks 87,900.01 Demand deposits 55,276.65 Time deposits — 4,800.00 U. S. Gov’t d eposits____ 32,255.01 Public funds Total dep. __$ 352,509.52 284.11 Other liabilities — Total T o ta l________________ $ 399,610.51 .$ 399,610.51 MERCHANTS AND PLANTERS BANK, NEWPORT Population 6,254. Chartered March 20, 1946. Telephone Officers P. L. Copeland___________ President L. H. Conditt__Exec. Vice President R. W. Smith_________ Vice President Ellen Steen_________________Cashier Ada Marie Mink______ Asst. Cashier Nora Lee Wilson_____ Asst. Cashier Jackson County Number 225. Transit Number 81-756 Directors R. C. Biggadike Leonidas Mack D. H. Burton W. A. McCartney P. L. Copeland Ralph McDonald R. G. Holden Fred M. Pickens, Jr. P. K. Holmes, Jr. STATEMENT OF Resources Loans and discounts___ $1,823,172.23 U. S. Gov’t obligations __ 351,968.75 Other bonds and secu rities-----------------480,723.81 Furniture and fixtures __ 21,876.65 Cash and due from banks 1,191,245.15 5,076.47 Other resou rces________ JUNE 30. 1958 Liabilities Capital s to c k __________ $ 115,000.00 Surplus fu n d __________ 140,000.00 Undivided p r o fits ______ 167,112.79 Reserves ______________ 52,723.08 Total capital a ccou n ts..! 474,835.87 Demand deposits ______ 2,090,755.04 Time deposits _________ 769,184.60 U. S. Gov’t d ep osits____ 68,643.79 Public funds __________ 283,949.77 Deposits of ban k s______ 186,593.99 Total dep. __$3,399,127.19 Other lia b ilities________ T o t a l-------------------------- $3,874,063.06 100.00 T o t a l_________________ $3,874,063.06 92 State of Arkansas: Bank Department JOHN MATTHEWS COMPANY, NORTH LITTLE ROCK (N ot engaged in commercial banking) Population 44,097. Chartered February 16, 1955 Officers John P. Matthews________ President Arthur H. Thomas____Vice President Lucille Eggleston____________ Cashier & Secretary Pulaski County Telephone Number Sk 3-3455 Directors John P. Matthews John P. Matthews, Jr. Martha D. Matthews STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 242,452.46 Other bonds and 5,652.15 secu rities____________ Furniture and fixtu res__ 5,640.67 Other real e s ta te ______ 9,504.34 Cash and due from banks 14,535.93 Other resou rces________ 139,021.16 Liabilities Capital s to c k __________ $ 100,000.00 52,730.72 Surplus fu n d __________ Undivided p r o fit s ______ 17,679.05 Reserves ______________ 3,944.48 Total capital accounts_$ 174,354.25 Other lia b ilities________ T o ta l________________ $ 416,806.71 242,452.46 T o ta l________________ $ 416,806.71 THE TWIN CITY BANK, NORTH LITTLE ROCK Population 44,097. Pulaski County Chartered March 21, 1935. Tel. No. FRanklin 5-5361. Transit Number 91-54 Officers Directors Henry O. Topf____________ President R. J. Riee C. T. Wells R. J. Rice___________ Vice President W . R. Rice J. E. W right W. R. Rice__________ Vice President Henry O. Topf J. Grayson Dickson--------------- Cashier Ray O. Clifton_______ Asst. Cashier C. H. Fuller__________ Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts__ $ 2,530,702.38 U. S. Gov’t obligations _ 4,704,100.00 Other bonds and secu rities___________ 195,568.11 Furniture and fixtures _ 22,033.98 128,357.97 Banking house ______ Cash and due from banks 2,515,484.20 Other resources ______ 2,499.97 T o t a l________________ $10,098,746.61 Liabilities Capital s to c k --------------$ Surplus fu n d -------------Undivided p r o fits ------Total capital accounts-! 644,732.82 300,000.00 150,000.00 194,732.82 Demand d e p o s its _____ Time deposits -----------U. S. Gov’t d eposits___ Public funds _________ Total dep._$ 9,452,474.04 6,018,731.22 2,163,214.74 29,475.00 1,241,053.08 Other liabilities ______ 1,539.75 T o ta l________________ $10,098,746.61 Forty-Fourth Report 93 MISSISSIPPI COUNTY BANE, OSCEOLA Population 5,006. Mississippi County Chartered March 15, 1928. Telephone No. LO 3-4511. Transit Number 81-387 O fficers Directors G. H. Florida_______ Chm. o f Board R. C. Branch A. Liverant C. B. Wood________________ President J. W. Farris H. F. Ohlendorf C. B. Wood H. F. Ohlendorf_____ Vice President G. H. Florida J. W. Farris___ Exec. Viee President C. L. Anderson, Jr.__________ Cashier Mary E. Balloue______ Asst. Cashier Charles R. W ilks_____ Asst. Cashier Loraine E. Owen_____ Asst. Cashier Nora W ise____________Asst. Cashier Bill Landrum_________ Asst. Cashier STATEMENT OB' JUNE 30. 1958 Liabilities Resources Loans and discounts____$2,804,949.45 Capital s to c k --------------- $ 200,000.00 O verdrafts_____________ 1,092.59 Surplus fu n d --------------200,000.00 U. S. Gov’t obligations______________ 207,003.00 Undivided p r o fits --------- 223,723.37 Other bonds and Total capital secu rities____________ 172,657.62 accounts—$ 623,723.37 Furniture and fix tu res_ 4,000.00 Banking h ou se_________ 1.00 Demand deposits ______ 2,287,698.58 Cash and due from banks 1,250,750.75 Time deposits -------------- 945,919.34 Other resources _______ 1,680.00 U. S. Gov’t d eposits-----50,336.03 Public funds __________ 534,457.09 Total dep. —$3,818,411.04 T o ta l___ ___ $4,442,134.41 T o ta l________________ $4,442,134.41 THE PLANTERS BANK, OSCEOLA Population 5,006. Mississippi County Chartered April 13,1944. Telephone Number LO 3-2666. Transit Number 81-745 O fficers Directors L. C. B. Young------------------ President Joe T. Cromer Nathan Weinberg C. E. Dean___________ Vice President C. E. Dean L. C. B. Young L. L. Laffoon_______________ Cashier L. L. Laffoon J. F. Herndon_________ Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------ $2,034,487.43 Capital stock _________ $ 75,000.00 U. S. Gov’t obligations — 195,383.13 Surplus fund _________ 200,000.00 Other bonds and Undivided p r o fits ______ 63,075.61 secu rities-----------------443,029.23 R e se rv e s____ __________ 35,291.16 5,000.00 Total capital Furniture and fixtures — Banking house -----------1.00 accounts_$ 373,366.77 1.00 ---------------Other real e s ta te ______ Cash and due from banks 935,515.72 Demand d eposits_______ 1,522,406.72 Time d e p o sits_________ 1,283,489.70 U. S. Gov’t deposits____ 37,103.60 Public funds __________ 397,050.72 Total dep. —$3,240,050.74 T otal $3,613,417.51 T o ta l------------------------------$3,613,417.51 94 State of Arkansas: Bank Department BANK OP OZARK, OZARK Population 1,757. Franklin County Chartered June 9, 1937. Telephone Number Morris 7-5421. Transit No. 81-727 Officers W. A. Hudspeth-----------------President W. A. Hudspeth, Jr.__Viee President Don Smith__________________ Cashier Directors W. A. Hudspeth Jeta Taylor Frank N. Johnston Romie W ilson STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ 582,681.40 Overdrafts -----------------1,556.20 U. S. Gov’t obligations — 1,376,412.78 9,000.00 Furniture and fix tu res_ Banking house ________ 12,000.00 Cash and due from banks 371,003.59 Liabilities Capital stock -------------- $ 50,000.00 Surplus fund --------------75,000.00 Undivided p r o fits ---------59,434.53 Total capital accounts—$ 184,434.53 ------------------Demand d ep osits---------- 2,050,677.33 Public funds --------------107,542.11 Deposits o f b an k s--------10,000.00 Total dep. —$2,168,219.44 T o ta l__________________ $2,352,653.97 T o ta l__________________ $2,352,653.97 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 J. W. Alexander-----------------President E. R. Browning—Vice Pres. & Cashier Mary Bynum---------------- Asst. Cashier Scott Noel_____________ Asst. Cashier Reba Neely------------------ Asst. Cashier Directors J. W . Alexander S. P. McHaney E. R. Browning Earle D. McKelvey J. A. Hancock L. G. Staub Earl Gramling Ike Willcoekson STATEMENT OF JUNE 30, 1958 Resources Loans and discounts----- $1,559,032.30 Overdrafts ____________ 298.97 U. S. Gov’t obligations — 1,101,812.50 Other bonds and secu rities____________ 484,779.27 Furniture and fixtures — 7,902.54 Banking house -----------5,625.00 Cash and due from banks 1,068,800.22 T o ta l____________________$4,228,250.80 Liabilities Capital stock -------------- $ 100,000.00 Surplus fund -------------100,000.00 Undivided p r o fits --------175,406.70 Reserves ---------------------75,000.00 Total capital aecounts__$ 450,406.70 ------------------Demand d eposits----------- 2,051,304.74 Time d e p o sits-------------- 1,397,777.84 U. S. Gov’t d eposits-----32,890.13 Public funds --------------290,541.61 Total dep. —$3,772,514.32 Other lia b ilities________ 5,329.78 T o ta l------------------------------ $4,228,250.80 Forty-Fourth Report 95 BANK OP PARKDALE, PARKDALE Population 385. Ashley County Chartered February 1, 1910. Telephone Number 2181. Transit Number 81-416 J. J. J. O fficers A .Williams____________ President H. Caldwell____________ President P. Caldwell--------------------- Cashier Directors J. H. Caldwell J. P.Caldwell J. A.William STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ 271,492.11 400.61’ Overdrafts ____________ U. S. Gov't obligation s_ 324,785.05 Furniture and fixtures — 915.00 Cash and due from banks 142,164.47 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p r o fits ______ Reserves — --------------Total capital accounts_$ 114,610.88 Demand d ep osits---------Time deposits _________ U. S. Gov’t d ep osits-----Public funds __________ Total dep. __$ 625,155.42 T o ta l__________________ $ 739,766.30 30,000.00 20,000.00 62,610.88 2,000.00 544,895.87 43,779.75 11,263.34 25,216.46 T o ta l__________________ $ 739,766.30 FIRST STATE BANK, PARKIN Population 1,414. Cross County Chartered June 5, 1925. Telephone Number PL 5-5401. Transit Number 81-676 Officers H. L. Coldren_____________President Mrs. G. D. Carter__ Exec. Vice Pres. F. E. Brenner_________ Vice President S. N. Green________________ Cashier Mrs. A1 Jean Crook----- Asst. Cashier Directors F. E. Brenner H. L. Coldren, Jr. F. E. Brenner, Jr. S. N. Green J. A. Brenner C. D. Thomas Mrs. G. D. Carter N. E. Thomas H. L. Coldren STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 675,698.49 U. S. Gov’t obligations — 154,000.00 Other bonds and secu rities-----------------68,361.32 Furniture and fixtures — 9,061.30 Banking house -----------26,818.00 Other real e s ta te --------6,188.12 Cash and due from banks 370,477.94 Other resou rces-----------1,525.98 T otal .$1,312,131.15 Liabilities Capital stock _________ $ Surplus fund _________ Undivided p r o fits ______ Total capital accounts—$ 173,923.36 50.000. 00 50.000.00 73,923.36 Demand d ep osits_______ Time d e p o sits_________ U. S. Gov’t d eposits____ Public funds __________ Total dep. —$1,123,369.74 779,356.97 240,011.13 12,258.86 91,742.78 Other lia b ilities________ 14,838.05 T o ta l------------------------------$1,312,131.15 96 State of Arkansas: Bank Department BANK OF PEA RIDGE, PEA RIDGE Population 268. Benton County Chartered May 6, 1911. Telephone Number GL 1-2175. Transit Number 81-468 Officers W. T. Patterson__________ .President Hugh H. Webb—Vice Pres. & Cashier Alvin Armstrong______Asst. Cashier Directors W. T. Patterson Hugh H. Webb Nell I. Webb STATEMENT OF JUNE SO, 1958 Resources Liabilities Loans and discounts------f 223,394.17 Capital stock -------------- $ 25,000.00 810.53 Surplus fund --------------25,000.00 Overdrafts ____________ U. S. Gov’t obligations __ 50,000.00 Undivided p r o fits ---------11,012.39 Furniture and fixtures — 900.00 Total capital Banking house -----------150.00 accounts—$ 61,012.39 Cash and due from banks 153,785.58 ------------------Demand d ep osits----------- 310,808.72 Time d e p o sits_________ 36,996.15 Public fu n d s ___________ 20,223.02 Total dep. —$ 368,027.89 T o ta l__________________ $ 429,040.28 T o ta l__________________ $ 429,040.28 THE PERRY COUNTY BANK, PERRYVILLE Population 674. Perry County Chartered December 8, 1945. Telephone Number 24. Transit Number 81-752 Officers J. D. Parish----------------------President Joseph B. Lipsmeyer—Vice President H. E. VanDalsem-----------------Cashier J. H. Moore-----------------Asst. Cashier Directors J. D. Parish H. E. VanDalsem Mildred Farish M. J. VanDalsem Joseph B. Lipsmeyer STATEMENT OF JUNE 30. 1958 Resources Loans and discounts------$ 275,417.89 U. S. Gov’t obligations — 191,000.00 Furniture and fixtures — 4,642.83 Banking house -----------10,700.57 Cash and due from banks 394,970.99 T o ta l___________________ f 876,732.28 Liabilities Capital stock --------------$ Surplus fund _________ Undivided p r o fits --------Total capital accounts—! 72,496.22 25,000.00 25,000.00 22,496.22 Demand d eposits_______ Time deposits _________ U. S. Gov’t d eposits____ Public funds __________ Total dep. 789,583.63 610,944.45 45,027.68 697.64 132,913.86 Other lia b ilities________ 14,652.43 T o ta l------------------------------$ 876,732.28 m Forty-Fourth Report PIGGOTT STATE BANK, PIGGOTT Population 2,558. Clay County Chartered March 10, 1930. Telephone Number 71. Transit Number 81-698 Officers Directors T . W . Leggett____________President T. W. Leggett John Staples H. C. Robins__________ Vice President G. W ill Reves T. W. Leggett, Jr. T . W. Leggett, Jr_________ Cashier H. C. Robbins J . W. Harris--------------- Asst. Cashier STATEMENT OF JUNE 30. 1958 Resources Loans and discounts----- $ 660,946.87 U . S. Gov’t obligations_ 1,009,812.50 Other bonds and 304,942.04 secu rities______ Furniture and fix tu res_ 1.00 Banking house ________ 6,000.00 Cash and due from banks 488,503.12 Other resou rces--.83 Total $2,470,206.36 Liabilities Capital stock _________ $ 100,000.00 Surplus fund _________ 100,000.00 60,705.77 Undivided p r o fits ______ Reserves ---------------------75,000.00 Total capital accounts—! 335,705.77 Demand d eposits_______ 1,733,953.84 Time deposits -------------- 177,347.59 50,289.16 U. S. Gov’t d eposits-----Public funds __________ 152,910.00 Deposits o f b an k s______ 20,000.00 Total dep. —$2,134,500.59 Total $2,470,206.36 FIRST STATE BANK, PLAINVIEW Population 637. Yell County Chartered January 12, 1934. Telephone Number 051. Transit Number 81-234 Officers Directors Bill Aikman M. A. VanDover__________ President C. B. Law Donald Barger------------ Vice President Donald Barger J. C. Morse Eric Caviness W infred Hopper------------------ Cashier M. A. VanDover Mrs. Fern Bolton---------Asst. Cashier W illie Caviness Noel VanDover B. J. Law STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ Overdrafts -----------------U. S. Gov’t obligations — Other bonds and secu rities____________ Furniture and fixtures — Banking house -----------Other real e s ta te --------Cash and due from banks 305,516.04 290.04 528,510.01 201,383.33 339.65 1.00 1.00 393,641.16 T o t a l__________ ______ _ $ 1 ,429,682.23 Liabilities Capital stock _________ $ 40.000. 00 Surplus fund -------------40.000. 00 Undivided p r o fits ______ 117,992.86 Reserves ______________ 15.000.00 Total capital accounts_$ 212,992.86 Demand d eposits_______ Time deposits _________ U. S. Gov’t d eposits____ Public funds __________ Total dep. —$1,216,689.37 Total 955,987.99 88,037.91 9,316.00 163,347.47 $1,429,682.23 98 State o f Arkansas: Bank Department BANK OP POCAHONTAS, POCAHONTAS Population 3,840. Randolph County Chartered October 31, 1903. Telephone Number TW 2-5287. Transit No. 81-297 Officers Dr. J. W . Brown___________President Harry A. Belford__ Exec. Vice Pres. Joe T. W ilson_______________ Cashier G. B. Johnson________ Asst. Cashier Wm. H. Holobaugh------- Asst. Cashier Directors P. E. Belford J. M. Putrell Harry A. Belford J. R. Jackson Tom Bigger H. Gardner McNabb Dr. J. W. Brown STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$1,266,527.57 Overdrafts ____________ 14.59 U. S. Gov’t obligations_ 1,151,500.00 Other bonds and secu rities_____________ 368,775.15 Furniture and fixtures — 4,643.10 Cash and due from banks 881,531.69 Liabilities Capital stock -------------- $ 87,500.00 Surplus fund -------------87,500.00 Undivided p r o fits ---------------------------- 124,353. Reserves ---------------------4,688.64 Total capital accounts—$ 304,042.44 ------------------Demand d ep osits---------- 2,462,845.17 Time d e p o sits-------------- 722,770.03 U. S. Gov’t d eposits-----29,212.28 139,299.43 Public funds --------------Deposits o f b an k s--------------------------- 14,822.7 Total dep. __$3,368,949.66 T o ta l___________________ $3,672,992.10 T o ta l---------------------------- $3,672,992.10 PORTLAND BANK, PORTLAND Population 517. Ashley County Chartered April 23, 1900. Telephone Number 2361. Transit Number 81-247 Officers Directors Gus Pugh_________________ President R. B. Newcome GusPugh Joe Pugh R. B. Newcome_______Vice President Bob Pugh C. E. Larrison_____________ Cashier Felix Pugh Tom Pugh Mack Borgognoni---------Asst. Cashier STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ U. S. Gov’t obligations „ Other bonds and secu rities-----------------Furniture and fixtures __ Banking house -----------Other real e s ta te --------Cash and due from banks T otal 460,950.77 534,173.97 259,746.82 5,370.14 495.80 1.00 251,314.82 .$1,512,053.32 Liabilities Capital stock _________ $ 20,000.00 Surplus fund _________ 100,000.00 Undivided p r o fits ______ 184,899.37 Total capital accounts__$ 304,899.37 Demand d ep osits_______ Time d e p o sits_________ U. S. Gov’t d eposits____ Public funds __________ Total dep. -_$1,207,153.95 883,255.86 289,593.86 37.50 34,266.73 T o ta l------------------------------$1,512,053,321 Forty-Fourth Report 99 THE PEOPLES BANK, PORTLAND Population 517. Ashley County Chartered January 22, 1908. Telephone Number 2961. Transit Number 81-248 O fficers Victor Edwards------------------ President Mrs. Mary Dean Pugh------Vice Pres. J. M. Tharp__________________ Cashier Mrs. Mildred Pamplin__ Asst. Cashier Directors G. M. Brown Mrs. Mary Dean Pugh Victor Edwards Craig Shackelford Edwin Gregory J. M. Tharp Leroy N aff STATEMENT OF JUNE 30. 1958 Resources Loans and discounts------$ 357,898.64 Overdrafts ____________ 1,948.28 U. S. Gov’t obligations — 363,000.00 Other bonds and 29,245.90 secu rities____________ Furniture and fixtures — 557.94 Cash and due from banks 137,451.08 Other resou rces________ 1.00 T o ta l__________________ $ 890,102.84 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p r o fits --------Reserves ---------------------Total capital accounts_$ 143,384.19 25,000.00 50,000.00 63,384.19 5,000.00 Demand d ep osits_______ Time deposits _________ U. S. Gov’t d eposits-----Public funds __________ Total dep. __$ 746,718.65 544,683.03 162,192.76 6,541.41 33,301.45 T o ta l__________________ $ 890,102.84 CITIZENS BANK, POTTSVILLE Population 224. Pope County Chartered August 13, 1913. Telephone Number GR 8-2431. Transit No. 81-551 Officers Morton Rankin------------------ President Kenneth E. Owens_____Vice President G. C. Owens_______________ Cashier Directors G. C. Owens Morton Rankin Kenneth E. Owens STATEMENT OF JUNE 30. 1958 Resources Loans and discounts------$ 109,893.50 Overdrafts -----------------54.97 U. S. Gov’t obligations_ 67,500.00 Other bonds and secu rities-----------------9,960.00 Furniture and fixtures — 321.00 Banking house -----------1.00 Cash and due from banks 97,323.52 Other resources-----------220.64 T o ta l___________________ $ 285,274.63 Liabilities Capital stock --------------$ Surplus fund -------------Undivided p r o fits ______ Total capital accounts—$ 45,253.50 Demand d eposits_______ U. S. Gov’t d eposits____ Public funds __________ Total dep. —$ 240,021.13 25,000.00 5,000.00 15,253.50 197,841.62 3,347.36 38,832.15 T o ta l------------------------------$ 285,274.63 100 State of Arkansas: Bank Department THE FARMERS AND MERCHANTS BANK, PRAIRIE GROVE Population 939. Washington County Chartered August 29, 1904. Telephone No. VInewood 6-1421. Transit No. 81-256 Officers Directors D. E. R ieff______________ President A rgil Bartholomew D .E .R ie ff W. H. Mock__________ Vice President W. H. Mock Frank Riggall W . H. Thompson____________ Cashier Barry Parks Lorene Jones__________________ Asst.Cashier Mildred Broyles_______________ Asst.Cashier LaVonne Phillips-----------------------Asst.Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$1,012,876.93 Capital stock --------------$ 30,000.00 Overdrafts ____________ 376.46 Surplus fund --------------60,000.00 U. S. Gov’t obligations — 347,818.00 Undivided p r o fits ---------- 148,714.13 Other bonds and Total capital secu rities-----------------366,837.44 accounts—$ 238,714.13 Furniture and fixtures — 1.00 ------------------Banking house -----------1,000.00 Demand d ep osits----------- 1,297,429.11 Cash and due from banks 446,803.13 Time deposits -------------560,886.76 504.41 U. S. Gov’t d eposits------11,667.20 Other resou rces-----------Public funds __________ 67,520.17 Total dep. _ .$1,937,503.24 T o ta l__________________ $2,176,217.37 T o ta l---------------------------- $2,176,217.37 BANK OF PRESCOTT, PRESCOTT Population 3960. Chartered August 10, 1904. Telephone O fficers Olen Hendrix--------------------- President W. R. Hambright— Exec. Vice Pres. Wren Scott___________ Vice President J. A. Yancey-------------------------Cashier M. D. Tippit--------------- Asst. Cashier Nevada County Number 206. Transit Number 81-140 Directors T. M. Bemis Dr. A. W . Hudson W. R. Hambright Guss McCaskill Olen Hendrix Wren Scott Dr. J. B. Hesterly J. B. W ingfield STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$1,246,634.44 Capital stock --------------$ 150,000.00 Overdrafts ____________ 5.41 Surplus fund --------------- 150,000.00 U. S. Gov’t obligations — 1,497,464.25 Undivided p r o fits ---------168,411.23 Other bonds and Total capital secu rities____________ 1,086,841.12 accounts—$ 468,411.23 Furniture and fixtures __ 8,800.00 ------------------Banking house -----------4,000.00 Demand deposits ---------- 2,798,907.42 Other real e s ta te ______ 6,000.00 Time deposits _________ 455,391.94 Cash and due from banks 810,513.95 U. S. Gov’t d eposits------- 202,195.90 Other resou rces-----------1,346.50 Public funds ---------------713,354.43 Deposits o f banks -------23,344.75 Total dep. —$4,193,194.44 T o ta l___________________ $4,661,605.67 T o ta l------------------------------ $4,661,605.67 Forty-Fourth Report 101 BANK OF QUITMAN, QUITMAN Population 345. Cleburne County Chartered August 15, 1903. Telephone Number 2401. Transit Number 81-424 O fficers Directors Ben F. Clark______________ President J. A. Bailey W. H. McNair W. H. McNair________Vice President Ben F. Clark N. H. Tarver N. H. Tarver______________ Cashier Edith Ellis Edith Ellis___________ Asst. Cashier Corine Clark-------------- Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 278,708.64 Capital stock -------------- $ 25,000.00 Overdrafts ____________ 810.99 Surplus fund -------------25,000.00 U. S. Gov’t obligations — 400,000.00 Undivided p r o fits --------64,415.00 Other bonds and Total capital secu rities____________ 121,809.57 accounts_$ 114,415.00 Furniture and fix tu res_ 1.00 ------------------Banking house ________ 1.00 Demand d ep osits----------- 722,644.13 Cash and due from banks 255,705.81 Time deposits -------------185,000.70 U. S. Gov’t d eposits____ 3,825.00 31,152.18 Public funds __________ Total d e p ._$ 942,622.01 T o ta l__________________ $1,057,037.01 T o ta l__________________ $1,057,037.01 THE BANK OF RECTOR, RECTOR Population 1,855. Clay County Chartered November 15,1930. Telephone Number 3491. Transit Number 81-173 O fficers Directors J. C. Hardin______________ President J. C. Hardin J. A. Marlar E. M. Purcell_______ Vice President T. C. Justus E. M. Purcell J. A. Marlar________Exee. Vice Pres. Mary Lee Hill---------Asst. Vice Pres. & Cashier Berna Nell Benson------- Asst. Cashier Mary Wagner---------------------------Asst.Cashier R. D. Cranford_________________ Asst.Cashier STATEMENT OF Resources Loans and discounts------$1,164,902.64 Overdrafts -----------------57.20 U. S. Gov’t obligations __ 122,000.00 Other bonds and secu rities____________ 678,838.22 Furniture and fixtures — 13,644.05 Cash and due from banks 506,142.10 JUNE 30, 1958 Liabilities Capital stock --------------! Surplus fund -------------Undivided p r o fits --------Reserves ---------------------Total capital accounts_$ 314,906.67 50,000.00 100,000.00 35,906.67 129,000.00 Demand d ep osits---------- 1,393,988.59 526,462.90 Time d e p o sits_________ U. S. Gov’t d eposits____ 20,391.26 Public funds --------------204,834.79 Deposits o f b an k s______ 25,000.00 Total d e p ._$2,170,677.54 T o ta l___________________ $2,485,584.21 T o ta l____________________$2,485,584.21 102 State of Arkansas: Bank Department FARMERS AND MERCHANTS BANK, REYNO Population 292. Randolph County Chartered December 8,1911. Telephone Number TW 2-3511. Transit No. 81-427 Officers F. E. Belford_____________President Glenn Brown_______Exec. Vice Pres. & Cashier Mrs. Freda M. Brown_Vice President Muriel Stafford_______ Asst. Cashier Otistean Ahrent_______ Asst. Cashier Directors F. E. Belford Glenn Brown Freda M. Brown STATEMENT OF Resources Loans and discounts____$ 342,311.09 Overdrafts -----------------484.29 U. S. Gov’t obligations_ 290,000.00 Furniture and fixtures — 4,130.00 Banking house ________ 1.00 Cash and due from banks 157,273.42 Other resou rces________ 1.00 JUNE 30. 1958 Liabilities Capital s to c k --------------- $ Surplus fu n d __________ Undivided p r o fits --------Reserves ---------------------Total capital accounts—! 75,526.30 25,000.00 10,000.00 15,526.30 25,000.00 Demand deposits ______ U. S. Gov’t d ep osits____ Public funds __________ Total dep. $ 718,675.10 616,392.75 4,608.01 97,673.74 T o ta l________________ ! 794,200.80 T o ta l________________ $ 794,200.80 THE BANK OF RISON, RISON Population 953. Chartered March 7, 1932. Cleveland County Telephone Number 48. Transit Number 81-428 Officers Leon Moore________________ President J. E. Goggans________ Vice President Herman Davidson____ Vice President Hazel Smith________________ Cashier May Dell Morrison_A sst. Cashier Directors Herman Davidson James L. Moore J. E. Goggans Leon Moore J. E. McCoy Max M. Smith STATEMENT OF Resources Loans and discounts___ $ 608,229.53 U. S. Gov’t obligations_ 430,906.25 Other bonds and secu rities____________ 84,725.93 Furniture and fix tu res_ 1,245.00 Banking house ________ 4,670.00 Other real e s ta te ______ 8.00 Cash and due from banks 251,889.39 Other resou rces________ 1,046.00 JUNE 30, 1958 Liabilities Capital s t o c k __________ $ 25,000.00 Surplus fu n d __________ 25,000.00 Undivided p r o fits __________________ 132,663. Reserves ---------------------16,889.66 Total capital accounts—! 199,553.12 T o t a l_________________ $1,382,720.10 Demand deposits ______ Time deposits _________ Public funds --------------Total dep. —$1,183,166.98 633,852.40 249,218.39 300,096.19 T o t a l_________________ $1,382,720.10 103 Forty-Fourth Beport FARMERS AND MERCHANTS BANK, ROGERS Population 4,962. Benton County Chartered March 13, 1956. Telephone Number 387. Transit Number 81-782 O fficers C. L. Garrett_____________ President Dorman F. Bushong—Exee. Vice Pres. W alter S. Talbutt___________ Cashier Opal Rinebarger______Asst. Cashier Directors D. F. Bushong Dr. James L. Pickens H. S. Chandler John A. Rife C. L. Garrett Carl Shores Vance Hill STATEMENT OF Resources Loans and discounts____$ 835,931.20 O verdrafts_____________ 29.84 U. S. Gov't obligations __ 534,579.50 Other bonds and secu rities-----------------182,507.22 Furniture and fixtures — 22,505.29 Banking house ________ 10,400.89 Cash and due from banks 453,408.05 JUNE 30, 1958 Liabilities Capital s to c k --------------- $ 100,000.00 Surplus fu n d --------------50,000.00 Undivided p r o fits --------56,937.46 Total capital accounts_$ 206,937.46 Demand deposits --------- 1,389,675.31 Time deposits _________ 275,061.12 U. S. Gov’t d ep osits____ 12,524.86 Public funds __________ 154,317.87 Total dep. —$1,831,579.16 Other lia b ilities________ Total $2,039,361.99 Total 845.37 $2,039,361.99 PEOPLES EXCHANGE BANK, RUSSELLVILLE Population 8,166. Chartered March 24, 1890. Pope County Telephone Number 12. Officers Donald Barger------------------President C. E. Lemley------------- Vice President Bert Mullens------------- Vice President John T. Little----------------------Cashier Chas. F. Howell---------- Asst. Cashier Hazel G. Little----------- Asst. Cashier Transit Number 81-118 Directors Chas. M. Howell Donald Barger Ike A. Laws Lee Cheek Hence J. Priddy G. M. Cook J. Madison White A. M. Embry Dr. L. Gardner STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discou n ts___$2,302,275.57 Capital s to c k __________ $ 100,000.00 U. S. Gov’t obligations_ 1,574,082.88 Surplus fu n d --------------100,000.00 Other bonds and Undivided p r o fits ______ 342,370.05 securities ----------------- 851,804.46 Total capital Furniture and fixtures— 26,995.63 accounts_$ 542,370.05 Banking house ________ 15,000.00 Cash and due from banks 2,162,158.72 Demand deposits ______ 3,745,905.70 Other resources ______ _ 3,019.40 Time deposits _________ 2,237,434.24 U. S. Gov’t d eposits____ 93,054.62 Public funds __________ 170,645.01 Deposits of b a n k s------145,927.04 Total dep. —$6,392,966.61 T otal $6,935,336.66 T otal $6,935,336.66 104 State of Arkansas: Bank Department THE BANK OP RUSSELLVILLE, RUSSELLVILLE Population 8,166. Pope County Chartered December 23, 1897. Telephone Number 16. Transit Number 81-119 Officers Geo. H. Neal______________President M. J. Hickey_________Vice President Robert H. Parker-----------------Cashier B. J. Roderick------------ Asst. Cashier Directors Joe Paulk E. C. Bradley Floyd Ragsdale M. J. Hickey C. M. Richmond Geo. H. Neal Robert H. Parker STATEMENT OF JUNE 30. 1958 Resources Loans and discounts — $2,213,448.40 U. S. Gov’t obligations— 1,613,819.50 Other bonds and 750,882.90 secu rities-----------------Furniture and fixtures_ 10,537.52 25,000.00 Banking house -----------Other real e s ta te ______ 2,000.00 Cash and due from banks 1,301,257.21 Other resources _______ 899.71 Total $5,917,845.24 Liabilities Capital s to c k --------------- $ 100,000.00 Surplus fu n d --------------100,000.00 Undivided profits _____ 407,661.65 Total capital accounts_$ 607,661.65 Demand deposits ______ 2,616,002.53 Time d e p o sits_________ 2,402,149.50 U. S. Gov’t d eposits____ 109,096.72 Public funds --------------138,627.32 Deposits o f b a n k s _____ 44,307.52 Total dep. __$5,310,183.59 Total $5,917,845.24 BANK OF SALEM, SALEM Population 687. Chartered December 9, 1908. Fulton County Telephone Number 8. Transit Number 81-430 Officers Directors Jim Humphries___________ President Fay Castleberry Jim Humphries Fay Castleberry_____Vice President Rex Castleberry Corwin Mosey Corwin Mosey_______________ Cashier George Humphries George Humphries___ Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ Overdrafts ____________ U. S. Gov’t obligations— Other bonds and secu rities____________ Furniture and fixtures— Banking house ________ Cash and due from banks T otal 708,133.74 1,229.28 340,000.00 136,552.51 20,162.75 10,412.50 607,224.20 .$1,823,714.98 Liabilities Capital s to c k --------------- $ Surplus fu n d --------------Undivided p r o fits ______ Total capital accounts—$ 180,679.62 50,000.00 50,000.00 80,679.62 Demand deposits --------- 1,312,669.72 Time deposits -------------- 250,193.10 U. S. Gov’t d ep osits____ 18,993.64 Public funds --------------61,178.90 Total dep. —$1,643,035.36 Total $1,823,714.98 105 Forty-Fourth Report LOGAN COUNTY BANK, SCRANTON Population 283. Logan County Chartered April 7, 1926. Telephone Number 14. Transit Number 81-686 Officers Prank Ahne_______________President A fton Mitchell________Vice President Joe Pritsehe-------------------------Cashier Prank Ahne Prank Drum Roy Drum Joe Fritsche Directors J. B. Layes Ross Martin A fton Mitchell STATEMENT OP JUNE 30, 1958 Resources Liabilities Loans and discounts — $ 215,193.46 Capital stock Overdrafts ____________ 760.62 Surplus fund U. S. Gov’t obligations— 412.355.75 Undivided p r o fits ______ Reserves ---------------------Other bonds and secu rities-----------------1,500.00 Total capital 135.85 Furniture and fixtures_ accounts_$ 94,542.47 Banking house ________ 100.00 Cash and due from banks 126,733.33 Demand d e p o s its --------521.94 Time d e p o sits-------------Other resources _______ U. S. Gov’t d eposits-----Public funds __________ Total d ep._$ 662,758.48 Total .$ 757,300.95 Total 25.000. 00 15.000. 00 53,415.99 1,126.48 552,033.59 55,741.66 9,603.59 45,379.64 .$ 757,300.95 SECURITY BANK, SEARCY Population 6,024. White County Chartered February 6, 1932. Telephone Number 1283. Transit Number 81-153 Officers E. 0 . Yancey_____________President B. C. Huddleston____ Vice President K. B. Rand__________ Vice President E. M. Twyford-------------------- Cashier Ralph Duncan_________Asst. Cashier Denver Leasure_______ Asst. Cashier Wilbur Dobbins------------Asst. Cashier Directors B. C. Huddleston M. O. Thompson Joe S. Pierce E. M. Twyford K. B. Rand E. 0 . Yancey J. W. Sanford Ray A. Yarnell A. J. Stephens STATEMENT OP JUNE 30, 1958 Resources Liabilities Loans and discounts — $2,176,355.38 Capital s to c k __________ $ 150,000.00 150,000.00 Overdrafts -----------------720.93 Surplus fu n d __________ U. S. Gov’t obligations_ 692,820.63 Undivided p r o fits ______ 208,726.90 Other bonds and Reserves ---------------------19,839.68 secu rities____________ 606,406.71 Total capital accounts_$ 528,566.58 Furniture and fixtures— 14,325.00 Banking house -----------30,650.00 Cash and due from banks 1,013,016.27 Demand deposits ______ 2,992,327.58 Time deposits _________ 388,597.42 U. S. Gov’t d eposits____ 154,974.02 Public funds __________ 329,008.96 Deposits o f ban k s______ 140,820.36 Total dep. —$4,005,728.34 Total $4,534,294.92 Total $4,534,294.92 106 State of Arkansas: Bank Department THE SEARCY BANK, SEARCY Population 6,024. White County Chartered May 1, 1943. Telephone Number 780. Officers E. P. Pyeatt______________ President Wayne W. Pyeatt__ Exec. Vice Pres. Frank S. Leavitt______Vice President & Cashier Marian Schwarz_______ Asst. Cashier L. W . Sutherlin_______ Asst. Cashier M. P. Pickens__________Asst. Cashier Joe T. O’Guin_________ Asst. Cashier Transit Number 81-154 Directors Cal Aclin E. P. Pyeatt J. T. Cone Phil Pyeatt M. M. Garrison Wayne W . Pyeatt Frank S. Leavitt Hubert Smith J. E. Lightle, Jr. STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $2,545,832.16 41.38 Overdrafts ____________ U. S. Gov’t obligations— 1,126,781.25 Other bonds and secu rities____________ 1,008,266.61 Furniture and fixtures— 31,736.59 Banking house ________ 15,000.00 Other real e s ta te --------16,336.85 Cash and due from banks 1,261,370.51 Other resources _______ 622.02 Total $6,005,987.37 Liabilities Capital s to c k __________ $ 150,000.00 150,000.00 Surplus fu n d --------------Undivided p r o fits ______ 225,719.90 63,407.31 Reserves ______________ Total capital accounts—$ 589,127.21 Demand deposits --------- 4,009,699.98 Time d e p o sits-------------- 721,260.76 95,116.17 U. S. Gov’t d eposits____ Public funds __________ 523,682.47 67,100.78 Deposits o f b an k s--------Total dep. __$5,416,860.16 Total $6,005,987.37 Forty-Fourth Report 107 GRANT COUNTY RANK, SHERIDAN Population 1,893. Grant County- Chartered July 29, 1903. Tel. Number WHitehall 2-2501. Transit No. 81-432 Officers Directors J. A. McCoy______________ President A. L. Blakely D. E.McCoy, Jr. A . L. Blakely--------------Vice President O. P. Cearley J. A. McCoy Coats A . Mitchell------------------Cashier D. E. McCoy, Sr. Coats A .Mitchell Jessie Lee Mitchell___ Asst. Cashier D. E. McCoy, Jr.------ Asst. Cashier Mickey R. Harrington. _Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ U. S. Gov’t obligations— Other bonds and secu rities____________ Furniture and fix tu res.. Banking house ________ Other real e s ta te ______ Cash and due from banks Liabilities 477,619.46 Capital s to c k --------------- $ 50,000.00 602,485.00 Surplus fu n d ---------------50,000.00 Undivided p r o fits --------- 201,153.47 320,762.42 Reserves ---------------------16,764.53 8,832.17 Total capital 26,974.08 accounts—! 317,918.00 3,500.00 — --------------359,177.76 Demand deposits --------- 1,240,416.47 Time d e p o sits_________ 117,357.34 U. S. Gov’t d eposits-----20,177.50 Public funds __________ 102,828.93 652.65 Deposits o f b a n k s_____ Total dep._$1,481,432.89 Total _________________ $1,799,350.89 Total _________________ $1,799,350.89 BANK OF SIDNEY, SIDNEY Population 120. Sharp County Chartered September 23, 1912. Telephone No. 2131. Transit Number 81-522 O fficers O. S. Westmoreland--------- President Thomas A. Bone______Vice President R. C. Pounders_____________ Cashier Atalee C. Pounders----- Asst. Cashier Directors Thos. A. Bone O. S. Westmoreland R. C. Pounders STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ 7,837.00 Ovedrafts _____________ 31.62 U. S. Gov’t obligations— 265,000.00 Furniture and fixtures_ 1.00 Banking house ________ 1.00 Cash and due from banks 90,366.83 Liabilities Capital s to c k --------------- $ 5,000.00 Surplus fu n d ---------------8,500.00 Undivided p r o fits ______ 6,884.56 Total capital accounts—! 20,384,56 ------------------Demand deposits --------- 341,713.13 Public funds --------------1,139.76 Total d e p ._$ 342,852.89 T otal ________ __________$ 363,237.45 Total __________________ $ 363,237.45 108 State o f Arkansas: Bank Department BRATT-WASSON BANK, SILOAM SPRINGS Population 3,270. Benton County Chartered April 8, 1932. Telephone Number 33. Transit Number 81-706 O fficers Directors Tom Whiteside--------------------President Sadie Monroe Field Wasson Marion Wasson, Jr. Sadie Monroe------------- Vice President Elsie Sumner Marion Wasson, Jr-----Vice President G. K. Wasson Tom Whiteside Field Wasson------------ Vice President A rt Melson_________________ Cashier Elsie Sumner--------------- Asst. Cashier STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts — $1,316,192.87 Capital s to c k --------------- $ 75,000.00 Overdrafts -----------------337.28 Surplus fu n d ----------------125,000.00 U. S. Gov’t obligations— 2,347,075.00 Undivided p r o fits --------27,262.56 Other bonds and Reserves ------------------------ 151,332.15 secu rities____________ 483,791.87 Total capital 25,809.13 accounts—$ 378,594.71 Furniture and fixtures_ Banking house ________ 8,986.18 Cash and due from banks 785,183.65 Demand d e p o s its --------- 3,839,264.64 Other resources _______ 16,108.35 Time d e p o sits-------------- 487,324.93 U. S. Gov’t d eposits____ 99,949.19 178,350.86 Public funds __________ Total dep. __$4,604,889.62 Total $4,983,484.33 Total .$4,983,484.33 SMACKOVER STATE BANK, SMACKOVER Population 2,495. Union County Chartered April 28, 1928. Telephone No. PArk 5-3051. Transit Number 81-654 O fficers Directors Max A. Mitcham_________President J. E. Berry Homer T. Rogers L. E. Tennyson, Jr. Vice President R. N. Manley L. E. Tennyson, Jr. W. H. White, Jr.____________ Cashier Max A. Mitcham Audna L. Ward------------ Asst. Cashier STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts — $1,318,797.10 Capital s to c k --------------- $ 100,000.00 100,000.00 U. S. Gov’t obligations_ 733,625.92 Surplus fu n d __________ Undivided p r o fits --------73,674.91 Other bonds and secu rities------------------- 324,085.64 Reserves ______________ 25,000.00 Furniture and fixtures_ 25,112.64 Total capital accounts—$ 298,674.91 7,000.00 Banking house ________ Cash and due from banks 919,624.60 Other resources _______ 1,784.42 Demand deposits ______ 2,037,020.59 Time deposits -------------- 653,531.74 U. S. Gov’t d eposits____ 59,560.63 Public funds __________ 280,787.46 Total dep. __$3,030,900.42 T otal Other liabilities ---------$3,330,030.32 T otal 454.99 $3,330,030.32 109 Forty-Fourth Report CITIZENS BANK, SMITHVILLE Population 250. Lawrence County Chartered March 23,1901. Transit Number 81-434 Officers Directors R. S. Rainwater__________ President N. W . Perkins Virginia Rainwater William Rainwater A . M. Starr_________Vice President J. M. Raney Boyce Durham----------------------Cashier R. S. Rainwater A. M. Starr Homer E. Mize------------ Asst. Cashier Sloan Rainwater, Jr. STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ 229,015.66 Overdrafts ____________ 830.51 U. S. Gov’t obligations— 75,000.00 Other bonds and secu rities____________ 261,544.95 Furniture and fixtu res_ 428.50 Banking house ________ 1.00 Cash and due from banks 132,575.80 Other resources ----------338.83 Total _________________ $ 699,735.25 Liabilities Capital s to e k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts—$ 115,686.68 25,000.00 15,000.00 75,686.68 Demand deposits --------Public funds __________ Total dep. $ 583,384.46 462,884.70 120,499.76 Other liabilities _______ 664.11 Total _________________ $ 699,735.25 MERCHANTS AND PLANTERS BANK, SPARKMAN Population 964. Dallas County Chartered September 9, 1916. Telephone Number 15. Transit Number 81-581 Officers Garland Gaston-----------------President C. E. Hays____ Vice Pres. & Cashier Directors Garland Gaston Benton Taylor C. E. Hays Ray White STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 143,153.22 U. S. Gov’t obligations— 450,000.00 Other bonds and secu rities-----------------60,431.53 Furniture and fixtures — 1,300.00 Banking house -----------950.00 Cash and due from banks 445,619.35 Total $1,101,454.10 liabilities Capital s to c k --------------- $ Surplus fu n d --------------Undivided p r o fits ______ Total capital accounts—! 87,147.97 25,000.00 25,000.00 37,147.97 Demand deposits ______ 878,368.13 70,921.55 Time d e p o sits___________ Public funds ____________ 65,016.45 Total dep. —$1,014,306.13 Total $1,101,454.10 110 State of Arkansas: Bank Department FIRST STATE BANK, SPRINGDALE Population 5,835. Washington County Chartered February 12,1923. Telephone No. PL 1-4681. Transit Number 81-856 Officers Shelby Ford----------------------- President J. T. Bain--------- Exec. Vice President R. E. Buck_________________ Cashier R. A. Bryant__________Asst. Cashier A lice Sigmon--------------- Asst. Cashier J. T. Bain Shelby Ford C. L. George Tom Hargis Directors Elmer Johnson Dr. Friedman Sisco Joe M. Steele A. P. W ilson STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discounts — $2,751,417.29 Capital s to c k __________ $ 125,000.00 75,000.00 U. S. Gov't obligations — 1,362,234.83 Surplus fu n d __________ Undivided p r o fits --------47,730.27 Other bonds and secu rities____________ 972,421.02 Reserves ---------------------55,000.00 Furniture and fixtu res_ 14,458.72 Total capital Banking house ________ 1.00 accounts_$ 302,730.27 Cash and due from banks 1,476,781.83 Other resources _______ 2,389.46 Demand deposits _______ 4,112,179.07 Time deposits ----------------1,813,411.29 U. S. Gov’t d eposits-----67,096.23 Public funds --------------284,287.29 Total dep. _.$6,276,973.88 $6,579,704.15 Total Total $6,579,704.15 BODCAW BANK, STAMPS Population 2,552. Lafayette County Chartered December 8, 1902. Telephone No. LE 3-4492. Transit Number 81-436 Officers J. C. Cabe________________ President R. T. Boulware_______Vice President C. C. Russell___Vice Pres. & Cashier Jim Stevens___________ Asst. Cashier Directors Geo. F. Baker R. T. Boulware J. C. Cabe Sam Earle C. C. Russell A. O. Smith STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts — $ 830,523.66 Capital s to c k --------------- $ 50.000. 00 50.000. 00 U. S. Gov’t obligations __ 728,529.69 Surplus fu n d __________ Undivided p r o fits ______ 266,965.20 Other bonds and secu rities-----------------217,105.52 Reserves ---------------------39,919.16 Furniture and fixtures — 10,885.00 Total capital accounts_$ 406,884.36 Banking house -----------11,770.00 Other real e s ta te --------14.00 995,752.94 Cash and due from banks 575,036.43 Demand deposits _______ 834,554.89 Other resources ---------11,090.93 Time d e p o sits__________ U. S. Gov’t d eposits____ 15,596.88 Public funds ----------------132,166.16 Total dep. —$1,978,070.87 T otal $2,384,955.23 Total $2,384,955.23 Forty-Fourth Report 111 BANK OF STAR CITY, STAR CITY Population 1,296. Lincoln County Chartered April 7, 1925. Telephone Number 57. Officers W. R. Alsobrook-----------------President Clyde E. Fish----------- Vice President G. D. Smith------------ Vice President I. A. Chambers____________ Cashier Mrs. Anneta Moore------Asst. Cashier Transit Number 81-437 Directors Dr. H. B. Alsobrook Clyde E. Fish W. R. Alsobrook G. D. Smith I. A. Chambers STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts — $ 569,162.27 Capital s to c k __________ $ U. S. Gov’t obligations — 336,125.00 Surplus fund _________ Undivided p ro fits,______ Other bonds and secu rities____________ 107,134.32 Reserves _ ____________ Furniture and fixtu res_ 7,250.00 Total capital accounts—$ 217,580.83 5,000.00 Banking house ________ Cash and due from banks 325,689.29 Demand deposits — _ Time deposits _________ U. S. Gov’t d ep osits___ Public funds --------------Total dep. __$1,132,780.05 Total $1,350,360.88 Total 50,000.00 100,000.00 55,743.06 11,837.77 734,917.46 256,424.24 4,000.00 137,438.35 $1,350,360.88 THE STEPHENS SECURITY BANK, STEPHENS Population 1,283. Ouachita County Chartered February 8, 1946. Telephone No. ST 6-3761.Transit Number 81-755 Officers Charles T. Reveley------------President Guy C. Pruitt------------ Vice President T. E. Evans_______________ Cashier Jim Pruitt____________ Asst. Cashier Directors G. W . Haltom Chas. T. Reveley H. G. Hearnsberger James Smith Guy C. Pruitt Joe J. Wade STATEMENT OF JUNE 30. 1958 Liabilities Resources Loans and discounts — $ 679,603.36 Capital s to c k --------------- $ 75,000.00 U. S. Gov’t obligations __ 529,072.15 Surplus fu n d __________ 30,000.00 Undivided profits _____ 28,208.21 Other bonds and secu rities-----------------126,221.62 Reserves __________ ____ 7,145.64 Furniture and fixtures — 6,465.73 Total capital Banking house ________ 5,600.40 accounts_$ 140,353.85 Cash and due from banks 391,764.50 Other resources ----------842.00 Demand d e p o s its ______ 1,090,741.63 Time d e p o sits_________ 200,470.10 U. S. Gov’t d eposits____ 102,745.86 Public fu n d s _________ 193,424.77 Deposits of ban k s______ 11,833.55 Total dep. —$1,599,215.91 Total .$1,739,569.76 T otal $1,739,569.76 112 State of Arkansas: Bank Department CITIZENS BANK, STRONG Population 839. Union County Chartered January 19, 1931. Tel. No. SYaeamore 7-7361. Transit No. 81-441 Officers O. B. Clark--------------------- President J. E. Cooper_________Vice President B. Finney___________________ Cashier Laura K. Robertson___ Asst. Cashier Directors J. C. Burgess O. B. Clark J. E. Cooper B. Finney C. H. Lewis C. R. Mason E. W. Smith STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and d iscou n ts__ $ 356,210.46 Capital s to c k ----------------$ 50,000.00 Overdrafts -----------------5.83 Surplus fu n d ---------------40,000.00 U. S. Gov’t obligations __ 416,000.00 Undivided p r o fits ---------91,247.52 Other bonds and Total capital 22,950.00 accounts—$ 181,247.52 secu rities____________ Banking house ________ 1.00 ------------------Furniture and fixtures — 7,986.97 Demand deposits ---------- 651,746.33 Other real e s ta te --------1.00 Time d e p o sits--------------- 144,320.28 8,269.29 Cash and due from banks 259,410.47 U. S. Gov’t d ep osits-----Public funds __________ 63,654.91 Total dep— $ 867,990.81 Other liabilities ---------Total _________________ $1,062,565.73 Total 13,327.40 ___________ $1,062,565.73 THE FARMERS AND MERCHANTS BANK, STUTTGART Population 7,276. Arkansas County Chartered December 29, 1944. Tel. No. W A 2-1512. Transit Number 81-747 O fficers R. B. Curtis---------------------- President Edward C. D iggs— Exee. Vice. Pres. Russell McCollum-------------- Vice Pres. Artie Seidensehwarz-------------Cashier Lela M. Curtis________Asst. Cashier Adolph E. Hubmann Asst. Cashier Directors W. C. Bogard Chet Pond, Jr. R. B. Curtis D. W . Tweedy Edgar C. Diggs Ralph Wilson Russell McCollum STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts — $2,383,222.89 Capital s to c k ---------------- $ 150,000.00 Overdrafts -----------------5,095.32 Surplus fu n d ---------------150,000.00 U. S. Gov’t obligations — 888,347.00 Undivided p r o fits ______ 175,039.58 Other bonds and Reserves ---------------------51,669.23 678,107.91 Total capital secu rities-----------------Furniture and fixtures — 22,561.40 accounts—$ 526,708.81 Banking house ________ 16,000.00 ------------------Other real e s ta te --------- 128,498.61 Demand deposits ---------- 3,401,464.67 Cash and due from banks 1,082,052.75 Time D ep osits--------------- 898,163.29 Other resources ---------5,380.66 U. S. Gov’t d eposits------86,084.86 Public funds --------------293,844.91 Total dep. —$4,679,557.73 Other liabilities _______ T otal __________________ $5,209,266.54 3,000.00 T otal ___________________$5,209,266.54 113 Forty-Fourth Report CITIZENS BANK, TILLAR Population 239. Drew County Chartered July 28, 1913. Telephone No. EXport 2-2571. Transit Number 81-446 Officer? Y. C. Harrell--------------------- President B. C. Prewitt_______ Vice President J. H. Kimfcro______________ Cashier Helen Clayton_________Asst. Cashier Directors V. C. Harrell B. C. Prewitt J. H. Kimbro C. R. Prewitt W iley A. McGehee Hampton Pugh STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts — $ 215,015.53 Capital s to c k ------- ------- $ 25,000.00 60,000.00 175.55 Surplus fu n d --------------Overdrafts — -----------13,128.57 -----84,882.50 Undivided profits U. S. Gov’t obligations __ Total capital Other bonds and 65,682.30 accounts_$ 98,128.57 secu rities-----------------3,360.00 Furniture and fixtures — 2,960.00 Demand deposits --------- 215,616.72 Banking house ---------66,507.40 97,239.00 Time deposits -------------Cash and due from banks 6,268.60 1,596.96 U. S. Gov’t d eposits-----Other resources ---------84,390.55 Public funds — ---------Total d ep .—$ 372,783.27 Total _________________ $ 470,911.84 Total _________________ $ 470,911.84 BANK OF TRUMANN, TRUMANN Population 3,744. Chartered October 26, 1911. Poinsett County Telephone Number 7. Officers M. T. Bym _______________ President R. H. Taylor------------- Vice President Earl Yarbrough-Vice Pres. & Cashier Clyde Robertson, Jr___Asst. Cashier Eugene Pounds_______ Asst. Cashier Transit Number 81-488 Directors M. T. Bym R. H. Taylor J. F. Lady Clyde Robertson, Jr. J. J. Purvis Earl Yarbrough Norris C. Taylor STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts — $1,515,192.05 Capital s to c k __________ $ 100,000.00 U. S. Gov’t obligations — 177,945.31 Surplus fu n d ___________ 150,000.00 Other bonds and Undivided p r o fits ______ 89,443.92 146,608.82 Reserves ---------------------15,732.96 secu rities-----------------2,000.00 Total capital Furniture and fixtures — 10,000.00 accounts—$ 355,176.88 Banking house -----------------------------Cash and due from banks 872,407.84 Demand deposits --------- 1,616,437.03 Time d e p o sits_________ 593,104.48 U. S. Gov’t d eposits___ 16,364.96 Public funds --------------108,070.67 Deposits o f ban k s______ 35,000.00 Total dep. —$2,368,977.14 T otal $2,724,154.02 Total $2,724,154.02 114 State of Arkansas: Bank Department BANK OF TUCKERMAN, TUCKERMAN Population 1,253. Jackson County Chartered November 8, 1902. Telephone Number 1. Transit Number 81-448 O fficers F. L. Penix_______________ President Van Smith__________ Exec. Vice Pres. & Cashier 0 . B. Armstrong-------- Vice President R. O. Norris-------------- Vice President Calvin Whitlow------------ Asst. Cashier Cornelius Adcox_______ Asst. Cashier W alter McDaniel_______Asst. Cashier Directors O. B. Armstrong J. L. Parrott C. E. Harrison F. L. Penix R. O. Norris Van Smith STATEMENT OF JUNE 30, 1958 liabilities Loans and discou n ts___$ 803,769.58 Capital s to c k --------------- $ 40,000.00 45,000.00 U. S. Gov’t obligations — 433,040.00 Surplus fu n d --------------Undivided p r o fits ______ 106,312.12 Other bonds and secu rities____________ 275,647.82 Total capital accounts—$ 191,312.12 Furniture and fixtu res_ 3,806.28 Banking house -----------1,200.00 Cash and due from banks 316,233.50 Demand d e p o sits______ 1,187,283.65 Other resources ------- — 1,615.82 Time deposits _________ 282,468.92 U. S. Gov’t d ep osits____ 5,307.73 Public funds --------------111,984.51 Deposits o f b an k s______ 56,956.07 Total d ep.—$1,644,000.88 Resources Total _________________ $1,835,313.00 Total $1,835,313.00 TYRONZA BANK, TYRONZA Population 656. Poinsett County Chartered October 1, 1951. Telephone Number 3121. Transit Number 81-770 O fficers Directors R. A. Lynch----------------------President C. M. Beley H. F. Norcross D. F. W ylie_________Vice President John H. Emrieh D. F. W ylie Ernestine Sanders--------------- Cashier R. A. Lynch STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts — $ 591,373.95 Capital s to c k --------------- $ 50,000.00 U. S. Gov’t obligations — 89,000.00 Surplus fu n d --------------25,000.00 Other bonds and Undivided p r o fits --------34,146.40 secu rities____________ 91,935.00 Reserves ______________ 7,451.32 Furniture and fixtu res_ 4,938.05 Total capital accounts—$ 116,597.72 Banking house -----------370.75 Cash and due from banks 160,010.45 Demand deposits ______ 512,913.03 Time d e p o sits_________ 192,866.77 U. S. Gov’t d eposits-----8,606.96 Public funds __________ 106,643.72 Total dep. —$ 821,030.48 T otal .$ 937,628.20 T otal $ 937,628.20 115 Forty-Fourth Report CITIZENS BANK AND TRUST COMPANY, YAN BUREN Population 6,413. Crawford County Chartered December 20, 1910. Tel. No. GRanite 4-2331. Transit Number 81^101 Officers B. M. Moody_____________President Raymond Allen---------- Vice President Henry Batchelor------------------ Cashier Ruth C. Moody------------ Asst. Cashier Directors Raymond Allen M. J. Graham Lonnie Batchelor Joe C. McKinney Robert P. Geliy B. M. Moody Robert W . Geliy STATEMENT OP JUNE 30. 1958 Resources Loans and discounts — $ 649,154.03 U. S. Gov’t obligations __ 1,168,182.13 Other bonds and securities ___________ 325,264.55 Furniture and fixtures — 6,828.52 Banking house ________ 7,500.00 Cash and due from banks 376,835.26 2.00 Other resources _______ Liabilities Capital s to c k --------------- $ 50,000.00 Surplus fu n d __________ 75,006.00 Undivided p r o fits --------- 124,821.66 Reserves ---------------------293.09 Total capital accounts—$ 250,114.75 Demand deposits ______ 1,405,573.40 Time d e p o sits_________ 746,869.39 U. S. Gov’t d eposits____ 7,765.87 Public funds --------------110,070.08 Total dep. __$2,270,278.74 Other liabilities _______ Total -------------------------- $2,533,766.49 13,373.00 Total -------------------------- $2,533,766.49 PEOPLES RANK AND TRUST COMPANY, VAN BUREN Population 6,413. Crawford County Chartered August 12, 1933. Tel. No. GRanite 4-6501. Transit Number 81-100 O fficers J. J. Izard------------------------ President C. E. Izard---------------Vice President Stewart Condren------------------ Cashier Directors Stewart Condren C. E. Izard Carl Creekmore J. J. Izard Bessie Maude Izard W ylie B. Smith STATEMENT OP JUNE 30, 1958 Resources Loans and discounts------$ Overdrafts -----------------U. S. Gov’t obligations — Other bonds and secu rities-----------------Furniture and fixtu res_ Banking h o u s e -----------Cash and due from banks Total 993,355.38 817.67 893,300.00 402,283.02 16,500.00 9,000.00 452,955.36 Liabilities Capital s to c k --------------- $ Surplus fu n d __________ Undivided p r o fits ______ Total capital aeeounts-_$ 189,817.31 Demand d e p o s its ______ 1,617,472.89 Time d e p o sits_________ 742,731.35 U. S. Gov’t d ep osits___ 23,832.48 Public funds __________ 187,355.98 Total dep. _ .$2,571,392.70 Other liabilities _______ $2,768,211.43 50,000.00 75,000.00 64,817.31 Total 7,001.42 $2,768,211.43 116 State of Arkansas: Bank Department 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 Mrs. J. Thurston Howell—Vice Pres. M ary H. Martin------------------ Cashier Directors Mrs. Cora M. Howell Mrs. J Thurston J. Thurston Howell Howell STATEMENT OF JUNE 30, 1958 Resources Loans and d iscou n ts__ $ 217,843.40 U. S. Gov’t obligations — 435,505.34 Other bonds and secu rities-----------------41,180.00 Furniture and fixtu res_ 10.00 Banking house -----------10.00 Cash and due from banks 160,661.69 1,108.40 Other resources _______ $ 856,318.83 Total Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided profits _____ Reserves ---------------------Total capital accounts—! 84,663.12 25,000.00 25,000.00 28,195.42 6,467.70 Demand deposits ______ Time d e p o sits____ ___ U. S. Gov’t d eposits-----Public funds _________ Total dep___$ 771,655.71 514,052.14 137,348.06 4,178.08 116,077.43 Total .$ 856,318.83 THE PEOPLES BANK, WALDO Population 1,491. Chartered June 22, 1910. Columbia County Telephone Number 3011. Officers Harold Fincher----------------President R. P. Clark—________ Vice President J. E. O’Daniel_______ Vice President M. M. Fincher----------------------Cashier Transit Number 81-266 Directors R. P. Clark W. O. Fincher Harold Fincher Betty Lou Seott G. L. Fincher W . B. Sawyer M. M. Fincher J. E. O’Daniel STATEMENT OF JUNE 30, 1958 Resources Loans and discounts — $ 573,806.61 U. S. Gov’t obligations — 378,306.25 Other bonds and secu rities------------------8,000.00 Furniture and fixtures — 1.00 Banking house -----------1.00 Other real e s ta te --------1.00 Cash and due from banks 178,959.74 T otal .$1,139,075.60 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts—! 131,006.31 50.000.00 35.000.00 46,006.31 Demand deposits ______ Time d e p o sits-------------U. S. Gov’t d eposits____ Public funds --------------Total dep. —$1,008,069.29 618,724.60 250,802.95 6,794.86 131,746.88 T otal $1,139,075.60 Forty-Fourth Report 117 BANK OF WALDRON, WALDRON Population 1,292. Scott County Chartered April 3, 1901. Tel. No. MEreury 7-6411. Transit Number 81-239 O fficers Directors Gene Davidson____________ President W. A. Bates O. K. Goodner Mollie E. Center-------- Vice President Mollie E. Center Claud W . Harrison J. K. May____________Vice President Gene Davidson J. K. May Claud W. Harrison__________ Cashier William Knox Dozier O. K. Goodner_________ Asst. Cashier STATEMENT OF JUNE 30, 1958 Liabilities Resources Loans and discounts — $ 692,273.57 Capital s to c k __________ $ 50,000.00 100,000.00 Overdrafts -----------------3,792.28 Surplus fu n d --------------84,769.94 U. S. Gov’t obligations_ 974,025.00 Undivided p r o fits ______ Reserves ---------------------920.34 Other bonds and secu rities____________ 512,492.75 Total capital accounts_$ 235,690.28 Furniture and fixtu res_ 3,500.00 Banking house -----------4,000.00 Cash and due from banks 869,716.74 Demand deposits ______ 1,767,027.67 Other resources _______ 838.40 Time d e p o sits-------------- 887,546.43 U. S. Gov’t d eposits-----33,698.09 Public funds --------------136,676.27 Total dep. __$2,824,948.46 Total $3,060,638.74 Total $3,060,638.74 MERCHANTS AND PLANTERS BANK, WARREN Population 2,615. Bradley County Chartered March 15, 1890. Telephone Number 20. Transit Number 81-159 Officers Directors Carl Hollis-------------------------- President C. Blankinship Carl Thompson A. L. Moody---- Exec. Vice President Carl Hollis W. R. Warner C. E. Owens_________ Vice President A. L. Moody Albert T. Weiss Mrs. Helen N. Harris_A sst. Cashier Charles E. Owens H. Sidney Wharton Lois Goss____________ Asst. Cashier Gordon S. Price______ Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discou n ts__ $1,462,135.75 Capital s to c k --------------- $ 100,000.00 100,000.00 726.72 Surplus fu n d --------------Overdrafts ____________ U. S. Gov’t obligations_ 699,346.88 Undivided p r o fits --------- 158,690.53 Other bonds and Reserves ---------------------21,283.89 secu rities-----------------612,153.15 Total capital Furniture and fixtures — 13,247.02 accounts_$ 379,974.42 Banking house ________ 25,353.97 Cash and due from banks 1,028,676.09 Demand deposits ______ 2,053,462.48 Other resources _______ 6,411.18 Time d e p o sits-------------- 1,197,536.32 U. S. Gov’t d ep osits___ 35,812.42 Public funds __________ 178,660.12 Deposits o f b an k s______ 2,605.00 Total dep. —$3,468,076.34 T otal $3,848,050.76 Total $3,848,050.76 118 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 G. C. Sangster____________ Cashier M. S. Thompson_______ Asst. Cashier K. R. Campbell_______ Asst. Cashier P. Hollingsworth______ Asst. Cashier J. C. Moseley__________ Asst. Cashier Directors L. H. Derby John T. Ederington Louis W ilson Ederington J. B. Frazer F. Martin Hankins J. E. Hurley, Jr. S. B. Meek, Jr. G. C. Sangster M. C. Singer STATEMENT OF JUNE 80, 1958 Resources Loans and discounts------$2,286,051.75 U. S. Gov’t obligations __ 514,500.00 Other bonds and 591,866.56 securities ___________ Furniture and fixtu res_ 58,528.82 Banking house ________ 59,536.82 Other real e s ta te ______ 6,112.60 Cash and due from banks 1,987,174.25 Other resources _______ 491.42 Total ____ $5,504,261.72 Liabilities Capital s to c k --------------- $ 100,000. Surplus fu n d __________ 150,000. 38,640. Undivided p r o fits ______ Reserves ------------------------ 256,491. Total capital accounts—! 545,132.49 Demand deposits ______ 3,144,668.59 Time deposits _________ 1,546,859.19 U. S. Gov’t d ep osits____ 106,499.88 Public funds __________ 161,101.57 Total dep. —$4,959,129.23 Total $5,504,261.72 119 Forty-Fourth Report BANK OF WEINER, WEINER Population 644. Poinsett County Chartered April 2, 1909. Telephone No. MU 4-2221. Transit Number 81-456 O fficers Directors E. E. Hogue_____________President E. E. Hogue F. R. Huber H. E. Winters_______Vice President John Hogue H. E. Winters John Ho^ue_________________ Cashier Malcolm Hogue R. A. Ziegenhora Joyce Griffin__________ Asst. Cashier Marcus Hogue STATEMENT OF JUNE 30, 1958 Resources Liabilities Loans and discounts------$ 675,911.02 Capital s to c k --------------- $ 50,000.00 Overdrafts ____________ 8,541.71 Surplus fu n d ---------------75,000.00 U. S. Gov’t obligations _ 477,000.00 Undivided p r o fits ---------63,351.28 Other bonds and Reserves ______________ 20,388.38 securities ----------------- 188,965.75 Total capital Furniture and fixtures _ 8,000.00 accounts_$ 208,739.61 Banking house ________ 13,577.12 ------------------Cash and due from banks 569,501.06 Demand deposits ---------- 1,460,344.75 Other resou rces_______ 2,791.18 Time deposits -------------148,286.76 U. S. Gov’t d eposits-----27,805.44 Public funds __________ 53,584.59 Deposits o f b an k s--------45,526.69 Total dep. _.$1,735,548.23 Total _______________ $1,944,287.84 Total $1,944,287.84 MERCHANTS AND FARMERS BANK, WEST HELENA Population 6,107 Phillips County Chartered October 4, 1948 Telephone No. JU 5-3481 Transit No. 81-763 O fficers Directors V. D. Simmons___________President James P. Baker, Jr. S. H. Hurst S. H. Hurst-------------- Vice President E. F. Kalb Jesse E. Porter V. D. Simmons Roy B. Warren______Vice President J. L. Linder James T. Moore____________ Cashier C. L. Harris Fulton Simpson Helen B. Back------------ Asst. Cashier Juanita Clements-------- Asst. Cashier Statement of June 30, 1958 Resources Loans and discounts — $1,622,989.30 Overdrafts -----------------5,485.29 U. S. Gov’t obligations _ 268,875.00 Other bonds and securities ___________ 199,376.31 Furniture and fixtures _ 1.00 Other real e s ta te ______ 8,000.00 Cash and due from banks 469,586.55 Liabilities Capital s to c k --------------Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 175,608.24 Demand deposits ______ 1,277,455.86 Time d e p o sits_________ 834,258.02 U. S. Gov’t d ep osits___ 18,012.57 Public funds __________ 247,984.70 Total dep. __$2,377,711.15 Other liabilities _______ Total ____ $2,574,313.45 50,000.00 100,000.00 25,608.24 T otal 20,994.06 $2,574,313.45 120 State of Arkansas: Bank Department BANK OP WEST MEMPHIS, WEST MEMPHIS Population 9,112 Crittenden County Chartered April 21, 1928 Telephone No. EE 5-2922 Transit No. 81-695 Officers Jack W. Rich________Chm. o f Board B. J. Lambert, Jr________ President R. W . Irby___Exec. Vice President B. G. Dickey________ Vice President W. K. Ingram________Vice President Taylor Claiborne____________ Cashier Ruth Manchester_____ Asst. Cashier Kathleen Yokley----------Asst. Cashier Directors B. J. Lambert, Jr. O. I. Bollinger Roy R. Morley D. B. Clement Jack W . Rich H. R. Dabbs J. H. Spears P. M. Dacus B. G. Dickey J. C. Tennison B. G. Dickey, Jr. O. S. Woollard W . K. Ingram Statement of June 80, 1958 Resources Liabilities Loans and discounts — $2,098,972.51 Capital s to c k __________ $ 250,000.00 Overdrafts ____________ 3,952.59 Surplus fu n d __________ 250,000.00 U. S. Gov’t obligations _ 814,641.88 Undivided profits _____ 204,403.27 Other bonds and Total capital securities ___________ 1,378,275.33 accounts_$ 704,403.27 Furniture and fixtures _ 52,645.77 Banking house ________ 226,062.50 Demand deposits ______ 3,018,648.81 Cash and due from banks 975,382.59 Time deposits _________ 815,924.54 Other resources _______ 3,021.41 U. S. Gov’t d ep osits___ 118,715.85 Public funds __________ 895,262.11 Total dep. __$4,848,551.31 Total _______________ $5,552,954.58 Total _______________ $5,552,954.58 MERCHANTS AND PLANTERS BANK, WEST MEMPHIS Population 9,112. Crittenden County Chartered August 5, 1941 Telephone No. REgent 5-2502. Transit No. 81-743 O fficers Directors J. P. Wheeler______________ President W. L. Barbour, Jr. H. P. Ohlendorf W. L. Barbour, Jr.__Exec. Vice Pres, J. W. Farris J. F. Wheeler H. F. Ohlendorf_____Vice President Roy Strong__________________ Cashier Ruby Bledsoe__________ Asst. Cashier STATEMENT OP Resources Loans and discounts------$1,725,215.63 O verdrafts_____________ 187.39 U. S. Gov’t obligations __ 496,304.14 Other bonds and secu rities-----------------173,841.21 Furniture and fixtures __ 14,263.86 Banking h o u se-------------46,811.82 Other real e s ta te ______ 25,508.80 Cash and due from banks 964,692.67 Other resou rces________ 3,378.44 Total JUNE 30, 1958 Liabilities Capital s to c k --------------- $ 100,000.00 Surplus fu n d __________ 150,000.00 Undivided p r o fits --------- 137,197.08 Total capital accounts—$ 387,197.08 Demand deposits __ 2,123,330.13 Time deposits _________ 670,135.62 U. S. Gov’t d ep osits____ 50,516.22 Public fu n d s ___________ 212,703.81 Total dep. __$3,056,685.78 Other lia b ilitie s------------ .$3,450,203.96 6,321.10 T o t a l_________________ $3,450,203.96 Forty-Fourth Report 121 RICE GROWERS BANK, WHEATLEY Population 406. St. Francis County Chartered September 27,1909. Tel. No. GLeneourt 7-2511. Transit No. 81-458 O fficers H. K. Smith, Jr----------------President Robert Carvell_Vice Pres. & Cashier Mrs. A . H. Williams____Asst. Cashier Directors Robert Carvell H. K. Smith, Jr. Mayme Lyon STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____ $ 957,984.43 U. S. Gov’t obligations_ 123.610.00 Other bonds and 50,450.00 secu rities____________ 81.05 Furniture and fix tu re s_ 1.00 Banking h ou se_________ Cash and due from banks 276.980.00 T o ta l________________ $1,409,106.48 Liabilities Capital s to c k __________ $ 50,000.00 Surplus fu n d __________ 50,000.00 Undivided p r o fits ______ 100,572.79 Total capital accounts_$ 200,572.79 Demand deposits ______ 1,018,932.18 Time deposits _________ 151,478.89 U. S. Gov’t d eposits____ 752.49 Public funds __________ 37,370.13 Total dep. __$1,208,533.69 T o ta l________________ $1,409,106.48 WILMOT STATE BANK, WILMOT Population 712. Ashley County Chartered October 25, 1937. Telephone No. GR 3-3671. Officers Wm. B. de Yampert_______ President N. R. Kirkwood___Exec. Vice Pres. & Cashier M. C. Crandall________ Vice President E. H. Kirkwood_______Asst. Cashier Transit No. 81-738 Directors M. C. Crandall N. R. Kirkwood W. B. de Yampert John F. Shackelford E. H. Dunning G. B. Stovall STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ 520,945.14 U. S. Gov’t obligations — 232,312.50 Other bonds and secu rities____________ 25,000.00 Furniture and fixtures — 2,610.42 Banking h ou se_________ 1,965.00 Cash and due from banks 237,252.40 Total $1,020,085.46 Liabilities Capital s to e k __________ $ Surplus fu n d __________ Undivided p r o fits ______ Total capital accounts_$ 147,204.18 25,000.00 75,000.00 47,204.18 Demand deposits ______ Time deposits _________ U. S. Gov’t d eposits____ Public funds __________ Total dep. __$ 872,881.28 746,224.51 38,554.42 6,672.00 81,430.35 T o t a l___ _____ $1,020,085.46 122 State o f Arkansas: Bank Department BANK OF WILSON, WILSON Population 1,801. Mississippi County Chartered October 3, 1908. Telephone Number 3251. Transit Number 81-462 Officers R. E. L. W ilson, III— Chm. o f Board Benton Garrett____________ President C. J. Lowranee, Jr.-----Vice President J. B. Gwyn__________________ Cashier R. L. Morton__________ Asst. Cashier Lillian McMath________ Asst. Cashier Trumalee W atson----------Asst. Cashier Directors J. H. Crain J. W . Nelson C. L. Denton, Jr. R. E. L. W ilson, Jr. Benton Garrett R. E. L. W ilson, III C. J. Lowrance, Jr. STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$1,526,722.79 O verdrafts_____________ 41.00 U. S. Gov’t obligations— 66,589.84 Other bonds and secu rities____________ 276,901.34 Furniture and fixtures — 4,278.39 Banking h ou se_________ 44,000.00 Cash and due from banks 582,113.78 8,232.03 Other resou rces________ Total $2,508,879.17 Liabilities Capital s to c k __________ $ 100,000.00 Surplus fu n d --------------875,000.00 50,077.36 Undivided p r o fit s ______ Reserves ---------------------3,087.71 Total capital accounts—$ 528,165.07 Demand deposits --------Time deposits -------------U. S. Gov’t d eposits-----Public funds __________ Deposits o f b a n k s--------Total dep. —$1,980,714.10 696,644.50 452,668.26 33,858.44 502,724.13 21,818.77 T o ta l________________ $2,508,879.17 123 Forty-Fourth Report CROSS COUNTY BANE, WYNNE Population 4,142. Cross County Chartered June 5, 1891. Telephone Number 46. Transit Number 81-151 Officers Dave Block________________ President John W . W atts_____Exec. Vice Pres. H. K. Barwick, Jr.___ Vice President W allace Eldridge------------------ Cashier R afe Andrews________ Asst. Cashier Mollye Weeden_______ Asst. Cashier Directors H. K. Barwick, Jr,John H. Johnston, Jr. Dave Block W. W. Shaver, Jr. David Drexler I. Steinberg J. C. Hilliard STATEMENT OF JUNE 30. 1958 Resources Loans and discounts____$1,368,595.94 O verdrafts-------------------1,199.91 U. S. Gov’t obligations __ 515,781.25 Other bonds and secu rities____________ 430,498.72 Furniture and fix tu res__ 6,105.02 27,405.00 Banking h ou se_________ Cash and due from banks 500,868.07 Other resou rces________ 662.82 Liabilities Capital s to c k __________ $ 50,000.00 200,000.00 Surplus fu n d __________ Undivided p r o fit s ______ 99,457.36 Reserves ______________ 5,433.37 Total capital accounts_$ 354,890.73 Demand deposits --------- 1,882,051.23 Time deposits _________ 432,314.60 U. S. Gov’t d eposits____ 16,625.05 Public funds __________ 153,537.75 Total dep. __$2,484,528.63 Other lia b ilities________ T o ta l________________ $2,851,116.73 11,697.37 T o ta l________________ $2,851,116.73 THE BANK OF YELLVILLE, YELLVILLE Population 697. Marion County Chartered December 13, 1945. Telephone Number 2501. Transit Number 81-753 O fficers Bernice Bercy___President & Cashier Wynona Willingham_Exee. Vice Pres. & Asst. Cashier Bernice Berry Lon W. Berry H. A. Bumes Directors Thelma Gaines Wynona Willingham STATEMENT OF JUNE 30, 1958 Resources Loans and discounts____$ O verdrafts_____________ U. S. Gov’t obligations_ Other bonds and secu rities____________ Furniture and fix tu re s_ Cash and due from banks T otal 397,552.78 703.89 270,875.01 121,989.00 750.00 411,217.23 $1,203,087.91 Liabilities Capital s to c k __________ $ Surplus fu n d __________ Undivided p r o fit s ______ Total capital accounts_$ 167,287.73 50,000.00 90,000.00 27,287.73 Demand deposits _______ Time deposits _________ Public funds ___________ Total dep. —$1,035,800.18 880,474.45 24,316.89 131,008.84 Total $1,203,087.91 124 State of Arkansas: Bank Department CONSOLIDATED STATEMENT OF CONDITION OF THE r r a r n is n a ■ P Y m A f t f r i P C A D 1 ? I > A n H lM r1 l l i K C i l S lr /AUAUD rUH iDK AA 'TMTVT? 1 1 V J cj a a L I I A I i I i J2i d U r l S K A l i n i i IN ARKANSAS AS OF JUNE 30, 1958 Resources 8,774.11 Loans and discou n ts__________________________________ $ Overdrafts -----------------------------------------------------------------180.60 U. S. Government ob ligation s_________________________ 29,070.11 175.00 Furniture and fixtures _______________________________ Cash and due from b a n k s-------------------------------------------124,210.91 Other resources ---------------------------------------------------------1.00 Total Resources __________________________________ $ 162,411.73 Liabilities Capital s to c k _________________________________________ $ 5,380.00 Surplus and undivided p r o fits ________________________ 11,225.21 Deposits --------------------------------------------------------------------145,806.52 Total L ia b ilities---------------------------------------------------- $ 162,411.73 125 Forty-Fourth Report 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 R. D. Callahan______________ Cashier Directors Henry Clark J. H. Myers Dr. E. J. Cruse C. H. Smith J. E. Krone J. F. Sloan STATEMENT OF JUNE 30, 1958 Resources Cash and due from banks Other resou rces------------ T o ta l________________ $ 5,928.53 1.00 Liabilities Capital s to c k __________ $ Undivided p r o fits ______ Total capital accounts_$ 5,929.53 2,480.00 3,449.53 5,929.53 T o ta l________________ $ 5,929.53 HARDY EXCHANGE, HARDY Population 599. Sharp County Telephone Number 2264 O fficers Claude Finch______________ President R. A. Jackson________Vice President T. W. Walker______________ Cashier Paul Downs Claude Finch Directors R. A. Jackson T. W. Walker STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ Furniture and fixtures — Cash and due from banks T o ta l-------------------------$ 4,239.11 175.00 53,527.99 57,942.10 Liabilities Capital s to c k __________ $ Undivided p r o fits ______ Total capital accounts—$ 5,521.73 2,500.00 3,021.73 Demand deposits ______ Public funds __________ Total dep. 52,420.37 48,913.74 3,506.63 T o ta l________________ $ 57,942.10 126 State of Arkansas: Bank Department WILMAR EXCHANGE COMPANY, WILMAR Population 746. Drew County Telephone Number 28 O fficers Directors E. A. Oslin---------------------- President James Daniel R. A. McKinstry C. T. Sims R. A. MeKinstry____________ Cashier E. A. Oslin Mrs. R. A. McKinstry_Asst. Cashier STATEMENT OF JUNE 30, 1958 Resources Loans and discounts------$ O verdrafts-------------------U. S. Gov't obligations __ Cash and due from banks Total $ 4,535.00 180.60 29,070.11 64,754.39 98,540.10 Liabilities Capital s to c k --------------- $ Undivided p r o fits --------Total capital 5,153.95 accounts_$ 400.00 4,753.95 Demand deposits --------Public funds --------------Total dep. __$ 93,386.15 82,795.49 10,590.66 T o ta l________________ $ 98,540.10 Forty-Fourth Report REPORT OF BUILDING AND LOAN DIVISION AND SECURITIES DIVISION 127 128 State of Arkansas: Bank Department BUILDING AND LOAN DIVISION Statement of seven active state chartered Building and Loan Associations, compiled from annual reports rendered the Arkansas State Bank Department as of December 31 ,195 7. Three chartered inactive Associations are: First State Savings mid Loan Association Harrison, Arkansas Charter dated May 28,1954 Dixie Savings and Loan Association W est Memphis, Arkansas Charter date June 2, 1953 First State Savings and Loan Association W est Memphis, Arkansas Charter dated January 5,1 9 5 3 Two newly chartered Associations are: First State Building and Loan Association Mountain Home, Arkansas Charter dated May 13, 1958 North Little Rock Savings and Loan Association North Little Rock, Arkansas Charter dated June 5 ,1 9 5 8 Forty-Fourth Report 129 COMBINED STATEMENT OF THE SEYEN ACTIVE STATE CHARTERED BUILDING AND LOAN ASSOCIATIONS AS OF DECEMBER 31, 1957 Assets Real Estate Loans __________________________________________$18,289,784.61 Share L o a n s_________________________________________________ 99,339.73 U. S. Government O bligations----------------------------------------------789,423.45 Other Securities -------------------------------------------------------------------459,939.79 Contracts o f S a le -------------------------------------------------------------------874.67 O ffice Building ______________________________________________ 13,700.00 Cash on Hand and in Banks___________________________________ 1,147,596.19 Furniture and Fixtures-----------------------------------------------------------26,416.19 Other A sse ts-------------------------------------------------------------------------25,713.87 Total A ss e ts _____________________________________________$20,852,788.50 Liabilities S h ares_______________________________________________________ $18,071,687.12 Advances from FederalHome Loan B an k _____________________ 685,750.00 R eserves--------------------------------------------------------------------------------- 1,462,486.51 Notes Payable ----------------------------------------------------------------------9,883.64 Undivided Profits ________________________________________ 234,350.90 Loans in P rocess-------------------------------------------------------------------143,484.10 Permanent Guaranty Stock ---------------------------------------------------85,000.00 Other L iabilities---------------------------------------------------------------------160,196.23 Total L iab ilities_________________________________________ $20,852,788.50 130 State of Arkansas: Bank Department SECURITY SAVINGS AND LOAN ASSOCIATION CAMDEN, OUACHITA COUNTY, ARKANSAS December 31,1957 Officers D. W . Harrell____________ President James M. Rowan, Jr— Vice President Howard East___ Secretary-Treasurer C. W. Harris------------ Asst. Secretary Frances Truesdale----- Asst. Secretary D. W. Harrell Howard East C. W. Harris J. A. Womack Directors James M. Rowan, Jr. Leroy Paul L. M. Strange Assets Liabilities Real estate lo a n s ______$ 399,953.89 Shares ------------------------- $ 474,551.19 U. S. Gov’t obligations — 44,448.44 Reserves _______________ 12,416.25 Other secu rities-----------15,800.00 Undivided p r o fits ---------569.18 Cash on hand and in banks 27,136.21 Other lia b ilities------------475.69 Furniture and fixtures __ 200.09 Other assets --------------473.62 $ 488,012.25 $ 488,012.25 FAYETTEVILLE BUILDING AND LOAN ASSOCIATION FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS December 31, 1957 Officers W. P. McNair, Jr---------------President H. L. Pearson------Vice Pres. & Atty. David M. McNair---------Sec.-Treasurer Maxine Atha------------ Asst. Secretary and Asst. Treasurer Directors David M. McNair H. L. Pearson W. P. McNair, Jr. W. C. Smith F. Fenner Stiee Roy A. Adams Jerome MeRoy Assets Real estate lo a n s ---------$5,185,618.84 Share loans ----------------18,567.47 U. S. Gov’t obligations — 120,000.00 114,800.00 Other secu rities-----------Cash on hand and in banks 542,133.46 Furniture and fixtures — 1.00 Other assets --------------1.00 Liabilities Shares ________________ $5,535,845.28 Reserves ______________ 426,611.84 Undivided p r o fits --------12,074.12 Loans in p rocess---------5,951.00 Other lia b ilities-----------639.53 $5,981,121.77 $5,981,121.77' Forty-Fourth Report ia i FORREST CITY SAVINGS AND LOAN ASSOCIATION FORREST CITY, ST. FRANCIS COUNTY, ARKANSAS December 31,1957 Officers Ed Ash----------------------------- President W . E. Stevens----------- Vice President A . L. Harris_________ Vice President C. W. Norton-----Attorney-Secretary and Treasurer Directors Ed Ash John C. Bowen W. E. Stevens A. L. Harris W. J. Clanton C. W. Norton Assets Real estate lo a n s ---------$1,152,143.21 4,721.29 Share loans ___________ U. S. Gov’t obligations_ 39,484.38 Other secu rities________ 14,000.00 Cash on hand and in banks 165,727.48 Furniture and fixtures — 916.44 Other assets __________ 587.57 Liabilities Shares _______________ $1471,430.28 Advances from FHL bank WoOO.OO Reserves ______________ 84,545.57 Undivided p r o fits --------21,604.52 $1,377,580.37 $1,377,580.37 UNITED SAVINGS ASSOCIATION FORT SMITH, SEBASTIAN COUNTY, ARKANSAS December 31, 1957 Officers Directors F. W. Dyke----------------------- President W. V. Boatright Dr. Ralph Crigler C. C. Davis_____________________ VicePresident R. B. Cutting F. W. Dyke W. V. Boatright_____ Vice President C. C. Davis R. J. Ross R. A. DeLong_______ Sec.-Treasurer R. A. DeLong N. Dyke, Jr. E. B. Atterberry_____Asst. Secretary R. L. Bilheimer, Jr. A. R. Noe R. A. Young, Jr. J. McMurtrey----------------------------Asst.Treasurer Harry S. Lieber, Jr-----___ Mortgage Loan Supervisor Heartsill Ragon-------------------Attorney Assets Real estate lo a n s --------- $7,130,576.46 Share loans ---------------24,202.00 U. S. Gov’t obligations — 395,790.63 Other securities---------247,039.79 Cash on hand and in banks 328,622.41 Furniture and fixtures — 23,501.66 Other assets -------------11,931.07 Liabilities Shares _______________ $6,868,890.88 Advances from FHL bank 475,000.00 Reserves ---------------------- 541,421.16 Undivided p r o fits --------31,367.11 Loans in p ro ce ss --------89,977.05 Other lia b ilities__ 155,007.82 $8,161,664.02 $8,161,664.02 132 State of Arkansas: Bank Department JONESBORO BUILDING AND LOAN ASSOCIATION JONESBORO, CRAIGHEAD COUNTY, ARKANSAS December 31,1957 Officers E. L. W estbrooke________ President J. H. Little_______________Secretary Roy Sigler______Vice Pres.-Attorney Directors W . R. Weaver Roy Sigler J. H. Little P. J. Gregson E. L. Westbrooke Bryan Armstrong Assets Real estate lo a n s ---------$ 319,576.33 874.67 Contracts o f s a le --------O ffice b u ild in g ________ 7,500.00 Cash on hand and in banks 15,175.37 1.00 Furniture and fixtures — 12,618.86 Other assets --------------- Liabilities Shares ________________ $ 292,778.19 Reserves ---------------------30,000.00 9,833.64 Notes p a y a b le_________ Undivided p r o fits --------22,181.00 Other lia b ilities________ 953.40 $ 355,746.23 $ 355,746.23 PEOPLES BUILDING AND LOAN ASSOCIATION LITTLE ROCK, PULASKI COUNTY, ARKANSAS December 31, 1957 Officers W . W. Pinch___ President-Secretary Claiboume W . Conway------Vice Pres. Carl Hollis—Vice Pres.-Chmn. Board W. C. Thomas__ Vice Pres. & Treas. & Asst. Secy. Pearl Hinkle________Asst. Secretary Directors W. W . Pinch W. C. Thomas Carl Hollis Robert C. Bird Claiboume W. Conway Assets Real estate lo a n s --------- $3,357,896.33 Share loans ----------------40,725.17 U. S. Gov’t obligations — 167,500.00 55,000.00 Other secu rities-----------52,212.48 Cash on hand and in banks 1,796.00 Furniture and fixtu res_ 101.75 Other a sse ts___________ Liabilities Shares ________________ $3,194,728.68 Advances from FHA bank 85,000.00 Reserves ---------------------- 318,491.69 Undivided p r o fits __________________ 26,629.8 Loans in p rocess_______ 47,556.05 Other lia b ilities________ 2,825.43 $3,675,231.73 $3,675,231.73 133 Forty-Fourth Report WARREN BUILDING AND LOAN ASSOCIATION WARREN, BRADLEY COUNTY, ARKANSAS December 31, 1957 Officers J. R. Ganaway------------------ President Byron L. H erring.Y. Pres., Sec.-Treas. B. Ball___________________ Attorney Directors Louis W. Ederington N. R. Herring Byron L. Herring J. B. Fraser J. R. Ganaway Clark Beard J. A. Ganaway Assets Real estate lo a n s ______$ 744,019.55 Sbare loa n s____________ 11,123.80 U. S. Gov't obligations — 22,200.00 13,300.00 Other securities________ O ffice b u ild in g ________ 6,200.00 Cash on hand and in banks 16,588.78 Liabilities Shares -------------------------$ 533,462.62 Advances from FHL bank 25,750.00 Reserves ______________ 49,000.00 Undivided p r o fits --------- 119,925.15 Permanent guaranty stock 85,000.00 Other lia b ilities-----------294.36 $ 813,432.13 $ 813,432.13 135 Forty-Fourth Report a p p r TD T T T U C v JJtv JL Jl X JtS d T \T \7T C T r^ T V r JL/JL V l u i v - l l i Jane 30, 19S8 * * # # * * * * * # * 136 State of Arkansas: Bank Department SUPERVISED LOAN COMPANIES UNDER ACT 397 OF 1947 June 30, 1958 Union Investment Company, Inc--------------------------------El Dorado, Ark. Standard Finance Company__________________________ Fayetteville, Ark. Utley & Company, Inc--------------------------------------------- Fayetteville, Ark. Peoples Company, Inc----------------------------------------------- Fort Smith, Ark. Helena Industrial Loan Corp-------------------------------------Helena, Ark. Home Finance System, Inc__________________________ Helena, Ark. The Peoples Loan and Investment Company__________ Hope, Ark. Arkansas Investment Company______________________ Hot Springs, Ark. Atlas Finance Company____________________________ Little Rock, Ark. Central Loan & Investment Company________________Little Rock, Ark. Liberty Loan & Realty Company____________________ Little Rock, Ark. Murdock Acceptance Corp___________________________Little Rock, Ark. Securities Investment Company______________________ Little Rock, Ark. United Loan & Investment Company________________Little Rock, Ark. James L. Lucas Company____________________________Magnolia, Ark. Peerless Thrift & Loan Company____________________ Morrilton, Ark. Peoples Loan & Investment Company, Inc---------------- Mount Ida, Ark. Union Industrial Loan Corp-------------------------------------- North Little Rock, Ark. Charles J. Upton Loan & Real Estate Company________W est Memphis, Ark. Forty-Fourth Report MORTGAGE LOAN COMPANIES UNDER ACT 397 OF 1947 June 30, 1958 H, C. Crabb & Company, Inc----------------------------- Arkadelphia, Ark. Houston, Tex. David Investment Company____________________ Blytheville, Ark. Logan Finance Corp.---------------------------------------- Blytheville, Ark. El Dorado Mortgage Company, Inc------------------- El Dorado, Ark. First Fidelity Mortgage Company_____________ El Dorado, Ark. Rayville, La. Oakland, Inc---------------------------------------------------- El Dorado, Ark. Biloxi, Miss. Bankers Guaranty Corp-------------------------------------Fort Smith, Ark. Washington, D. C. Republic Investment Company__________________ Fort Smith, Ark. E. Walden Williams & Company, Inc--------------- Fort Smith, Ark, Allstate Investment Corp______________________ Little Rock, Ark. Shreveport, La. Aulds, Horne & White Investment Corp________ Little Rock, Ark. Shreveport, La. Block Mortgage Company, Inc------------------------- Little Rock, Ark. Carruth Mortgage Corp-----------------------------------Little Rock, Ark. New Orleans, La. Don Dinning Investments, Inc._________________ Little Rock, Ark. Wichita, Kan. Jack Collier East Company, Inc------------------------- Little Rock, Ark. First National Mortgage Company_____________ Little Rock, Ark. Clearwater, Fla. Gersham Investment Corp--------------------------------- Little Rock, Ark. Clayton, Mo. S. H. Hetherwick Mortgage & Investment Company ----------------------------------------------------- Little Rock, Ark. Shreveport, La. Hindman Mortgage Company, Inc.-------------------- Little Rock, Ark. Houston, Tex. M. E. Hurlbut Investment Corp------------------------- Little Rock, Ark. Shreveport, La. Mainland Mortgage Company_________________ Little Rock, Ark. Houston, Tex. Marcus W. Meairs Company___________________ .Little Rock, Ark. Riverside, Calif. Midwest Mortgage Company, Inc_____________ Jjittle Rock, Ark. Wichita, Kan. Modern Servicing, Ine------------------------------------- Little Rock, Ark. St. Louis, Mo. North American Mortgage Corp---------------------- Little Rock, Ark. St. Petersburg, Fla. Old Colonial Mortgage Company, Inc.--------------- Little Rock, Ark. Houston, Tex. Roberts Mortgage Company, Inc.--------------------- Little Rock, Ark. Wichita, Kan. William E. Terry & Company, Inc------------------- Little Rock, Ark. Texas State Mortgage Company_______________ Little Rock, Ark. Houston, Tex. 137 138 State of Arkansas: Bank Department Union Mortgage & Investment Company, Inc.------ Little Rock, Ark. Houston, Tex. T. A . White Company------------------------------------ Little Rock, Ark. Shreveport, La. Ziegler Investment Company------------------------------Little Rock, Ark. Clayton, Mo. Home Improvement Loan Co., Inc.----------------------Magnolia, Ark. Home Loans, Inc---------------------------------------------- North Little Rock, Ark. Surrey Investment Co., Inc.------------------------------- Texarkana, Ark. Texarkana Mortgage Company, Inc.____________ Texarkana, Ark. Guaranty Loan & Real Estate Company------------ W est Memphis, Ark. 139 Forty-Fourth Report COMBINED STATEMENT OF RESOURCES AND LIABILITIES OF SIX INDUSTRIAL LOAN INSTITUTIONS OPERATING UNDER ACT III OF 1941 June 30, 1958 Assets Cash on Hand and in B an ks-----------------------------------------$ 166,576.43 L oa n s_________________________________________________ 2,120,394.59 Bonds and Securities -------------------------------------------------301,009.99 Other A ss e ts --------------------------------------------------------------68,179.95 TOTAL A S S E T S _________________________________ $2,656,160.96 Liabilities Capital _______________________________________________$ Surplus ----------------------------------------------------------------------Unearned Discount ___________________________________ Notes Payable _______________________________________ D ebentures-----------------------------------------------------------------Thrift Certificates ----------------------------------------------------Reserves --------------------------------------------------------------------Other Liabilities --------------------------------------------------------- 517,975.00 485,396.85 1,274.12 934,717.86 80,900.00 431,671.21 195,836.06 8,389.86 TOTAL L IA B IL IT IE S ____________________________$2,656,160.96 140 State of Arkansas: Bank Department COMMERCIAL CREDIT PLAN, INC. FORT SMITH, ARKANSAS June 30, 1958 Officers W. M. S tew a rt________________________________________ President C. D. Winter --------------------------------------------------------------- Secretary D. W. F u lton ____________________________________________ Treasurer Assets Cash on hand and in banks ____________ $ L o a n s_________________ Bonds and securities____ 7,563.18 14,076.17 99,848,96 Liabilities Capital _______________ $ 100,000.00 19,461.73 Surplus ----------------------Unearned d iscou n t------187.84 Reserves ---------------------1,483.35 Other lia b ilities-----------355.39 $ 121,488.31 $ 121,488.31 PEOPLES LOAN AND INVESTMENT COMPANY FORT SMITH, ARKANSAS June 30, 1958 Officers R. A. Young, Jr. Roger E. Curtis Jack H. Storey . Mary C. Sims __ ________________President Vice President-Manager Ass’t. Secretary-Treasurer _______________ Secretary Assets Cash on hand and in banks ____________ $ 90,654.20 Loans ________________ 805,513.65 Bonds and securities-----25,000.00 Other a sse ts----------------16,178.52 Liabilities C apital________________ $ 92,975.00 74,827.04 Surplus ----------------------Notes p a y a b le_________ 495,000.00 Debentures -----------------80,900.00 Thrift certifica tes______ 138,877.78 Reserves ______________ 53,384.36 Other lia bilities________ 1,382.19 $ 937,346.37 $ 937,346.37 Forty-Fourth Report 141 COMMERCIAL CREDIT PLAN, INC. JONESBORO, ARKANSAS June 30, 1958 Officers W. M. S tew a rt-------------------------------------------------------------- President C. D. W in ter-------------------------------------------------------------------- Secretary D. W. P u lton ____________________________________________ Treasurer Assets Cash on hand and in banks ____________ $ L o a n s_________________ Bonds and securities------ 2,685.76 25,407.80 99,848.96 Liabilities C ap ital________________ $ 100,000.00 Surplus _______________ 24,071.85 Unearned discount--------1,086.28 1,930.04 Reserves ______________ Other lia b ilities________ 854.35 $ 127,942.52 $ 127,942.52 COMMERCIAL CREDIT PLAN, INC. LITTLE ROCK, ARKANSAS June 30, 1958 Officers W. M. S tew a rt----------------------- -------------------------------------- President C. D. W in te r-------------------------- -------------------------------------- Secretary D. W. Pulton _________________ ------------------------------------- Treasurer Assets Cash on hand and in banks ____________ $ Bonds and securities___ 6,186.63 76,312.07 $ 82,498.70 Liabilities C ap ital-------------------------$ Surplus ----------------------Notes payable__________ Reserves ______________ 50,000.00 11,152.60 19,717.86 1,628.24 $ 82,498.70 142 State of Arkansas: Bank Department NATIONAL CREDIT CORPORATION PINE BLUFF, ARKANSAS June 30, 1958 Officers N. V. C. C. J. Gantt, Jr. . D. W eb b ____ A. Davies — S. McNew, Jr. ________ President ___ Vice President ________ Secretary Manager-Treasurer Assets Cash on hand and in banks ____________ $ 54,033.68 L o a n s _________________ 904,972.64 Other a sse ts----------------26,321.47 Liabilities C ap ital------------------------- $ Surplus _______________ Notes payable__________ Thrift certifica tes--------Reserves ______________ Other lia b ilities________ $ 985,327.79 125,000.00 150,890.23 285,000.00 292,793.43 125,846.20 5,797.93 $ 985,327.79 MORGAN PLAN COMPANY TEXARKANA, ARKANSAS June 30, 1958 Officers F. E. W ilson __________________________________________ President S. H. A tk in s---------------------------------------------------------- Vice President Edwin D. M cD aniel______________ Secretary-Treasurer & Manager Assets Cash on hand and in banks ____________ $ 5,452.98 Loans ________________ 370,424.33 25,679.96 Other a sse ts___________ Liabilities C ap ital________________ $ 50,000.00 Surplus _______________ 204,993.40 Notes payable--------------135,000.00 Reserves ---------------------11,563.87 $ 401,557.27 $ 401,557.27 Forty-Fourth Report LISTINGS OP SIXTY-SIX CREDIT UNIONS, TWO LIQUIDATED, WITH COMBINED STATEMENTS OF ASSETS AND LIABILITIES OF FIFTY-ONE CREDIT UNIONS REPORTED AS OF DECEMBER 81, 1957 Assets Loans ------------------------------------------------------------------------- $2,603,650.46 Bonds and S ecu rities_________________________________ 521,064.72 Cash on Hand andin B an ks____________________________ 259,768.84 Other Assets -------------------------------------------------------------62,043.63 TOTAL ASSETS ________________________________ $3,446,527.65 Liabilities S h ares________________________________________________ $3,121,207.92 Guaranty F u n d _______________________________________ 122,183.38 Undivided Profits ------------------------------------------------------120,347.55 Notes Payable -----------------------------------------------------------49,900.00 Dividends P a ya ble------------------------------------------------------15,123.17 Other Liabilities --------------------------------------------------------17,765.63 TOTAL LIABILITIES ___________________________$3,446,527.65 Total approximate number of members 15,488 143 144 State of Arkansas: Bank Department INDEPENDENCE COUNTY FEDERAL EMPLOYEES CREDIT UNION BATES VILLE, ARKANSAS December 31, 1957 Assets Loans ---------------- - $ Cash on hand and in banks ___________ Other assets ----------- 599.21 191.90 59.33 Liabilities Shares ------------------------ -$ Guaranty fund ----------Other lia b ilities----------- 850.44 $ Approximate number of members 26 $ 801.00 6.50 42.94 850.44 HURLEY EMPLOYEES CREDIT UNION CAMDEN, ARKANSAS Permit July 9, 1958 WILLIAMS ROOFING EMPLOYEES CREDIT UNION CAMDEN, ARKANSAS Liquidated as o f February 4, 1957 LION OIL CO-OPERATIVE SAVINGS & CREDIT ASSOCIATION EL DORADO, ARKANSAS December 31, 1957 Assets L o a n s_________________ $ 155,158.87 Bonds and securities — 281,050.00 Cash on hand and in banks ____________ 37,251.17 Other a sse ts___________ 46,385.56 Liabilities Shares ________________ $ 474,871.58 Guaranty fund -----------12,501.00 Undivided p r o fits --------11,021.50 Dividends p ayable______ 13,067.47 Other lia b ilities__________ 8,384.05 $ 519,845.60 Approximate number o f members 1126 $ 519,845.60 145 Forty-Fourth Report PAN-AM EL DORADO EMPLOYEES CREDIT UNION EL DORADO, ARKANSAS December 31, 1957 Assets Loans _______________ Bonds and securities__ Cash on hand and in banks ___________ Other a sse ts_________ 68,709.50 1,238.27 7,736.07 308.48 Liabilities Shares ________________-$ Guaranty fund _____ Undivided p r o fits _____ Other lia b ilities_______ $ 77,992.32 Approximate number o f members 350 $ 68,697.04 1,887.92 3,645.32 3,762.04 77,992.32 ARKANSAS WESTERN EMPLOYEES CREDIT UNION FAYETTEVILLE, ARKANSAS December 31, 1957 Assets Loans -------------------------$ Bonds and securities___ Cash on hand and in banks ____________ Other assets __________ 52,705.94 48,612.80 7,841.03 157.50 Liabilities Shares ________________ $ 101,055.19 Guaranty fund ________ 4,382.52 Undivided p r o fits ______ 3,019.06 Other lia b ilities-----------860.50 $ 109,317.27 $ 109,317.27 Approximate number o f members 134 WASHINGTON COUNTY FEDERAL EMPLOYEES CREDIT UNION FAYETTEVILLE, ARKANSAS December 31, 1957 Assets L o a n s ____________ _ Cash on hand and in banks — ------Other a sse ts----------- 612.46 378.69 53.41 Liabilities Shares ------------------Guaranty fund ____ Undivided profits Other lia b ilities------ 1,044.59 $ Approximate number o f members 27 960.41 14.87 7.87 61.44 $ 1,044.59 146 State of Arkansas: Bank Department THE COCA-COLA CREDIT UNION FORT SMITH, ARKANSAS December 31, 1957 Assets Loans _____________ Bonds and securities Cash on hand and in banks ------------ 2,735.00 1,000.00 Liabilities Shares ------------------Guaranty fu n d ____ Undivided profits — 4,087.13 29.68 59.69 441.50 4,176.50 $ Approximate number o f members 50 $ 4,176.50 SEBASTIAN FEDERAL EMPLOYEES CREDIT UNION FORT SMITH, ARKANSAS December 31, 1957 Assets L o a n s_________________ $ Cash on hand and in banks ____________ 47,462.47 $ 48,891.42 1,428.95 Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fits --------Notes p a y a b le------ _____ 43,104.19 847.81 1,439.42 3,500.00 $ 48,891.42 Approximate number o f members 140 SPARKS HOSPITAL CREDIT UNION FORT SMITH, ARKANSAS Permit July 2, 1958 THOMAS INDUSTRIES EMPLOYEES CREDIT UNION FORT SMITH, ARKANSAS Permit September 6, 1957 147 Forty-Fourth Report APALCO 6 CREDIT UNION HOT SPRINGS, ARKANSAS December 31, 1957 Assets L o a n s _________________ $ Cash on hand and in banks ____________ Other a sse ts----------------$ Liabilities Shares ------------------------- $ Guaranty fund ________ Undivided p r o fits ______ 9,074.53 164.45 391.97 $ 9,630.95 608.93 Liabilities Shares -------------------------$ Guaranty fund ________ Undivided p r o fits ______ 34,771.32 577.25 1,098.92 36,447.49 $ 36,447.49 9,418.33 197.35 15.27 9,630.95 Approximate number of members 132 ARLINGTON HOTEL CREDIT ASSOCIATION HOT SPRINGS, ARKANSAS December 31, 1957 Assets Loans ---------------------Cash on hand and in banks _________ 35,838.56 $ Approximate number of members 211 HOT SPRINGS FEDERAL EMPLOYEES CREDIT UNION HOT SPRINGS, ARKANSAS December 31, 1957 Assets L o a n s-------------------------- $ 115,482.13 Bonds and securities-----2,821.65 Cash on hand and in banks -----------------1,163.17 Other assets __________ 588.12 Liabilities Shares ________________ $ 110,689.70 Guaranty fund ________ 3,986.73 Undivided p r o fits ______ 5,026.46 Other lia b ilities________ 351.58 $ 120,054.47 $ 120,054.47 Approximate number o f members 433 148 State of Arkansas: Bank Department MAJESTIC HOTEL CREDIT ASSOCIATION HOT SPRINGS, ARKANSAS December 31, 1957 Assets L o a n s ___ „ ____________ $ Cash: on hand and in: banks ---------------, 22,305.98 14,170.13 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fits --------- 33,855.97 1,340.83 1,279.31 , $ 36,476.11 $ 36,476.11 Approximate number o f members 142 ARKANSAS STATE COLLEGE EMPLOYEES CREDIT UNION V JONESBORO, ARKANSAS Permit May 28, 1958 ACUL CftEDIT UNION LITTLE ROCK, ARKANSAS Permit July 18, 1958 AGRICULTURAL EXTENSION WORKERS CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Ass6ts Loans _________________ $ Bonds and secu rities-----Cstsh on hand and in b an k s-------------- 65,041.75 9,350.00 $ 80,436.07 Liabilities Shares_________________ .$ Guaranty fund _______ Undivided profits _____ 71,278.80 5,183.47 3,973.80 $ 80,436.07 6,044.32 Approximate number o f members 235 ARKANSAS BLUE CROSS-BLUE SHIELD CREDIT UNION LITTLE ROCK, ARKANSAS Permit December 16, 1957 149 Forty-Fourth Report ARKANSAS DEMOCRAT CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1357 Assets L o a n s-------------------------- $ Bonds and securities____ Cash on hand and in banks ____________ Other a sse ts___________ $ Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fits ______ 58,699.44 3,865.76 2,715.70 $ 65,280.90 607.22 230.03 Liabilities Shares -------------------------$ Guaranty fund ________ Undivided p r o fits ______ Other lia b ilities________ 17,026.66 157.34 346.55 13.50 17,544.05 $ 17,544.05 Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fits --------Other lia b ilities________ 96,069.23 5,798.41 5^239.87 190.85 51,910.66 2,000.00 9,979.40 1,390.84 65,280.90 Approximate number o f members 159 ARKANSAS MAID CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets L o a n s-------------------------- $ Cash on hand and in banks ____________ Other assets __________ $ 16,706.80 Approximate number o f members 175 ARKANSAS TRAVELER CREDIT UNION LITTLE ROCK, ARKANSAS Permit December 16, 1957 ARKLAGAS CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets L o a n s-------------------------- $ Bonds and securities-----Cash on hand and in banks -----------------Other assets __________ 85,571.27 11,932.60 9,291.34 503.15 $ 107,298.36 A pproxim ate number o f members 339 $ 107,298.36 150 State of Arkansas: Bank Department BURKS EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS Permit March 7, 1958 CAPITOL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ 106,976.39 Bonds and se cu ritie s 14,502.28 Cash on hand and in b a n k s________ 16,468.25 Other assets --------------159.17 Liabilities Shares ------------------------- $ 127,333.16 Guaranty fund -----------4,899.91 Undivided p r o fits --------5,730.52 Other lia b ilitie s________ 142.50 $ 138,106.09 $ 138,106.09 Approximate number o f members 558 CENTRAL TRADES COUNCIL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ Cash on hand and in b a n k s________ Other assets __________ $ 21,496.50 152.81 5.00 Liabilities Shares ------------------------- $ Guaranty fund -----------Undivided p r o fits --------- 20,109.47 486.55 1,058.29 $ 21,654.31 21,654.31 Approximate number of members 310 DEPARTMENT OP LABOR CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _______________ Bonds and securities Cash on hand and in b a n k s-------Other assets _______ 89,063.79 4,370.00 14,992.04 50.00 Liabilities Shares _______________ guaranty fund _______ Undivided p r o fits _____ Other lia b ilities_______ $ 108,475.83 A pproxim ate number o f members 323 102,829.76 3,783.88 1,859.79 2.40 $ 108,475.83 151 Forty-Fourth Report ENGINEERS CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets ----- — $ Loans — Bonds and securities Cash on hand and in banks .......... Other assets $ 61,459.67 25,213.03 2,461.45 25.00 Liabilities Shares — — $ Guaranty fund — Undivided profits ------Notes p a y a b le-------------- 81,992.47 3,381.26 2,785.43 1,000.00 $ 89,159.18 Liabilities Shares ------- $ Guaranty fund Undivided profits 6,467.12 78.69 192.42 $ 6,738.23 89,159.15 Approximate number o f members 403 FAGAN CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans ____________ ------- $ Cash on hand and in banks Other assets 2,585.19 31.94 $ 6,738.23 4,121.10 Approximate number of members 59 FARM BUREAU EMPLOYEES CREDIT ASSOCIATION LITTLE ROCK, ARKANSAS Permit April 1, 1958 FEDERATION CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans -------------------------- $ Bonds and secu rities__ Cash on hand and in b a n k s________ Other assets __________ 87,046.60 13,505.76 2,304.54 225.00 Liabilities Shares _ — —$ Guaranty fu n d ________ Undivided p r o fits ____ Notes payable $ 103,081.90 A pproxim ate numl 89,174.96 7,725.91 4,181.03 2,000.00 $ 103,081.90 o f members 399 152 State of Arkansas: Bank Department FRANKE’S CREDIT UNION LITTLE ROCK, ARKANSAS December SI, 1957 Assets Loans _________________ $ Bonds and se cu ritie s_ Cash on hand and in b a n k s________ 4,603.76 $ 5,604.29 93.50 907.03 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fits --------- 4,632.61 927.03 44.65 $ 5,604.29 34,108.95 1,236.19 2,355.33 3,500.00 41,200.47 Approximate number o f members 61 GAZETTE EMPLOYEES’ CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ Bonds and securities Cash on hand and in b a n k s_____ 34,114.77 2,624.14 4,461.56 Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fit s ______ Notes p a y a b le _________ $ 41,200.47 $ Approximate number of members 205 LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans -------------------------- ! Bonds and se cu ritie s_ Cash on hand and in b a n k s________ $ 9,190.57 3,200.00 946.29 Liabilities Shares _______________ Guaranty fund _______ Undivided p r o fit s _____ Other lia b ilities______ 13,336.86 A pproxim ate number o f members 94 11,953.80 747.74 589.66 45.66 $ 13,336.86 153 Forty-Fourth Report LITTLE ROCK POSTAL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets L o a n s -------------------------- $ 178,366.90 Bonds and secu ritie s_ 10,007.00 Cash on hand and in b a n k s________ 17,342.94 390.00 Other assets __________ Liabilities Shares ________________ $ 182,060.18 14,277.35 Guaranty fund ________ Undivided p r o fits --------9,769.31 $ 206,106.84 $ 206,106.84 Approximate number o f members 545 PULASKI COUNTY EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Loans Cash on hand and in banks Other assets Assets -------$ Liabilities ----- $ Shares Guaranty fund Undivided profits _ . 4,053.50 52.83 119.33 $ 4,225.66 Liabilities 36,441.02 Shares -------------------------$ 25,000.00 Guaranty fund ________ Undivided p r o fits ______ 7,712.10 Other lia b ilities________ 15.10 64,943.28 3,865.98 356.65 2.36 69,168.22 69,168.22 3,232.21 945.65 47.80 % 4,225.66 Approximate number of members 84 SOUTHWEST HOTELS CREDIT ASSOCIATION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans -------------------------- $ Bonds and securities — Cash on hand and in b a n k s-----------Other assets __________ $ A pproxim ate number o f members 312 $ 154 State of Arkansas: Bank Department STATE CENTRAL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________ -$ Bonds and securities _ Cash on hand and in b a n k s_______ — Other assets _________ $ T ,i» h il8 * iA « 43,274.86 500.00 2,517.35 38.64 Shares ____________ $ Guaranty fund ________ Undivided p r o fits --------Notes p a y a b le _________ 46,330.85 37,987.78 890.34 1,452.73 6,000.00 $ 46,330.85 371.41 20.58 Liabilities Shares ________________ $ Undivided p r o fits ______ Guaranty fund ________ Other liabilities _______ 13,897.95 359.27 52.00 245.00 14,554.22 $ 14,554.22 Approximate number o f members 165 STRICKLAND EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets L o a n s _________________ $ Cash on hand and in b a n k s________ Other assets __________ $ 14,162.23 Approximate number o f members 180 TELCOE CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ 362,079.96 Bonds and securities — 12,176.56 Cash on hand and in b a n k s______ 6,932.51 Other assets __________ 5,637.68 Liabilities Shares ________________ $ 356,688.99 10,340.61 Guaranty fund ________ Undivided p r o fit s --------18,595.89 Other lia b ilities________ 1,201.22 $ 386,826.71 $ 386,826.71 Approximate number o f members 1,552 155 Forty-Fourth Report U. D. CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ Bonds and securities — Cash on band and in b a n k s________ Other assets __________ $ 68,080.77 5.00 4,064.76 68.80 Liabilities Shares ------------------------- $ Guaranty fund ________ Undivided p r o fits ______ Notes p a y a b le -------------Dividends p a y a b le -----Other lia b ilities_______ 60,243.62 1,532.50 1,338.64 7,000.00 2,055.70 58.87 $ 72,219.33 Liabilities ----- % Shares Guaranty fund Undivided profits Notes payable Other liabilities 59,323.85 584.22 1,974.90 9,500.00 886.00 72,219.33 Approximate number o f members 338 U. S. TIME EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets --------- __ _ _$ Loans Bonds and securities — Cash on hand and in banks Other assets _ $ 63,740.62 5.00 5,127.10 3,396.25 % 72,268.97 72,268.97 Approximate number of members 491 VETERANS ADMINISTRATION EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ Bonds and secu ritie s_ Cash on hand and in b a n k s________ Other a sse ts___________ $ 41,406.64 5,000.00 8,573.07 230.46 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fits ______ Other lia b ilitie s________ 50,015.34 3,191.10 1,962.80 40.93 $ 55,210.17 55,210.17 Approximate number o f members 266 156 State of Arkansas: Bank Department V. A. HOSPITAL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ Bonds and se cu ritie s_ Cash on hand and in b a n k s________ Other assets __________ $ Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fit s --------- 77,470.94 2,242.21 1,155.56 $ 80,868.71 388.18 83.97 Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fits --------Other lia b ilities------------ 4,724.88 58.69 112.78 1,056.80 5,953.15 $ 5,953.15 69,741.07 1,505.00 9,580.02 42.62 80,868.71 Approximate number o f members 352 O. M. C. CREDIT UNION MORRILTON, ARKANSAS December 31, 1957 Assets Loans _________________ $ Cash on hand and in b a n k s________ Other assets __________ $ 5,481.00 Approximate number of members 105 ARKANSAS TEACHERS’ ASSOCIATION CREDIT UNION NORTH LITTLE ROCK, ARKANSAS Permit April 8, 1958 CAMERON FEED MILLS EMPLOYEES CREDIT UNION NORTH LITTLE ROCK, ARKANSAS Liquidated as o f March 18, 1958 157 Forty-Fourth Report THE FORT ROOTS CREDIT UNION NORTH LITTLE ROOK, ARKANSAS December 81, 1957 Assete Loans _________________ $ 142,553.42 Bonds and se cu ritie s_ 28,965.00 Cash on hand ; and in b a n k s________ 15,996.61 100.00 Other a s s e ts __________ Liabilities Shares ________________ $ 179,502.26 Guaranty fund ________ 5,882.41 Undivided p r o fits ______ 2,200.36 Other liabilities _______ 30.00 $ 187,615.03 $ 187,615.03 Approximate number of members 709 KEMBA-LITTLE ROCK CREDIT UNION NORTH LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans ______________ Bonds and securities Cash on hand and in banks _____ $ 149,315.67 10,000.00 Liabilities Shares __ ______________ $ 153,630.90 9,762.30 Guaranty fund ________ Undivided p r o fit s ______ 9,933.10 14,010.63 $ 173,326.30 $ 173,326.30 Approximate number o f members 454 NORTH LITTLE ROCK EDUCATORS CREDIT UNION NORTH LITTLE ROCK, ARKANSAS December 31, 1957 Loans Cash on hand and in banks Other assets Assets ---------$ 990.09 523.92 56.01 $ Liabilities Shares ----- $ Guaranty fund Undivided profits 1,532.00 30.11 7.91 $ 1,570.02 1,570.02 Approximate number o f members 84 158 State of Arkansas: Bank Department NORTH LITTLE ROCK-MISSOURI PACIFIC CREDIT UNION NORTH LITTLE ROCK, ARKANSAS December 31, 1957 Assets Loans _________________ $ Bonds and securities __ Cash on hand and in b a n k s________ Other assets __________ $ 60,681.08 1,500.00 Liabilities Shares -------------------------$ Guaranty fund -----------Undivided p r o fits --------- 63,498.71 2,007.93 2,374.98 $ 67,881.60 5,509.72 190.80 67,881.60 Approximate number of members 374 OSCEOLA FOODS EMPLOYEES CREDIT UNION OSCEOLA, ARKANSAS December 31, 1957 Assets Loans -------------------------- $ Bonds and securities — Cash on hand and in banks — 3,027.20 1,561.68 $ 4,879.18 Liabilities Shares __________ --------- $ Guaranty fund __ Undivided profits 4,560.60 137.75 180.88 $ 4,879.18 290.30 Approximate number of members 58 MISSOURI PACIFIC PARAGOULD CREDIT UNION PARAGOULD, ARKANSAS December 31, 1957 Assets Loans _________________ $ Cash on hand and in b a n k s-----------Other assets __________ $ 2,406.65 156.52 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fits --------Other lia b ilities________ 23,035.41 1,175.16 3,029.10 75.00 27,314.67 $ 27,314.67 24,751.50 Approxim ate number o f members 152 159 Forty-Fourth Report KILOWATT CREDIT UNION PINE BLUFF, ARKANSAS December 31, 1957 Assets L o a n s _________________ $ Bonds and secu ritie s_ Cash on hand and in b a n k s------------ 41,446.83 189.60 $ 43,666.08 Liabilities Shares -------------------------$ Guaranty fund -----------Undivided p r o fits --------- 41,906.06 497.68 1,262.34 $ 43,666.08 Liabilities Shares _ — _ .---- $ Guaranty fund Undivided profits Other liabilities 8,007.11 184.85 408.79 19.96 2,029.65 Approximate number o f members 208 P. B. M. CREDIT UNION PINE BLUFF, ARKANSAS December 31, 1957 Assets ------------ $ Loans Cash on hand and in banks Other assets __ 6,657.65 1,844.54 118.52 8,620.71 $ Approximate number o f members 69 $ 8,620.71 Liabilities Shares -------------------------$ Guaranty fund ________ Undivided p r o fits ______ 9,850.21 176.27 446.28 400 CREDIT UNION SEARCY, ARKANSAS December 31, 1957 Assets L o a n s -------------------------- $ Cash on hand and in b a n k s________ Other assets __________ $ 9,424.14 983.66 64.96 10,472.76 $ 10,472.76 Approximate number o f members 153 WHITE COUNTY GOVERNMENT EMPLOYEES CREDIT UNION SEARCY, ARKANSAS Permit May 28, 1958 160 State of Arkansas: Bank Department ARKANSAS GRANGE CREDIT UNION SPRINGDALE, ARKANSAS December 31, 1957 Assets Loans _________________ $ Cash on hand and in b a n k s___,____ Other assets --------------$ 2,615.00 317.99 85.74 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fit s ______ 2,940.84 28.58 49.31 $ 3,018.73 9,177.57 279.32 560.78 7.57 3,018.73 Approximate number o f members 65 WELCH EMPLOYEES CREDIT UNION SPRINGDALE, ARKANSAS December 31, 1957 Assets L o a n s _________________ $ Bonds and securities — Cash on band and in b a n k s________ 7,805.51 1,306.16 913.57 Liabilities Shares ________________ $ Guaranty fu n d ________ Undivided p r o fits ______ Other lia b ilities------------ $ 10,025.24 $ 10,025.24 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fits ______ Notes p a y a b le _________ 53,253.62 4.83 2,182.92 7,000.00 $ 62,441.37 Approximate number o f members 83 A. T. S. CREDIT UNION STATE SANATORIUM, ARKANSAS December 31, 1957 Assets L o a n s _______ __________ $ Bonds and se cu ritie s Cash on hand and in b a n k s________ Other assets __________ $ 60,645.63 16.76 1,745.44 33.54 62,441.37 Approximate number o f members 269 GRAND PRAIRIE CREDIT UNION STUTTGART, ARKANSAS Permit July 9, 1958 161 Forty-Fourth Report STUTTGART MACHINE WORKS EMPLOYEES CREDIT UNION STUTTGART, ARKANSAS December 81, 1957 Assets Loans -----$ Cash on hand and in banks Other assets _ $ 154.70 68.20 Liabilities Shares —$ Guaranty fund Undivided p r o fits ______ Other liabilities 770.80 10.00 25.16 42.94 848.90 $ 848.90 Liabilities Shares $ Guaranty fund Undivided profits 9,984.23 166.20 474.66 $ 10,625.09 Liabilities Shares ________________ $ Guaranty fund -----------Undivided p r o fits _____ Notes p a y a b le_________ Other lia b ilities________ 43,578.05 724.14 1,949.11 10,400.00 246.52 $ 56,897.82 626.00 Approximate number o f members 34 CO-OP CREDIT UNION TEXARKANA, ARKANSAS December 31, 1957 Assets Loans -------------------------- $ Bonds and se cu ritie s_ Cash on hand . and in banks Cither assets __________ 2,236.64 22.50 $ 10,625.09 7,365.95 1,000.00 Approximate number o f members 41 MILLWAY CREDIT UNION TEXARKANA, ARKANSAS December 31, 1957 Assets L o a n s _________________ $ Cash on hand and in b a n k s-----------Other assets --------------$ 55,011.94 898.77 987.11 56,897.82 Approximate number o f members 221 162 State of Arkansas: Bank Department VICTOR METALS EMPLOYEES CREDIT UNION TUCKERMAN, ARKANSAS December 31, 1957 Assets Loans -----------------------Cash on hand and in b a n k s______ 43.90 Liabilities Shares ________________ $ Guaranty fund ________ Undivided p r o fits --------- 924.75 16.38 6.52 947.65 $ 947.65 903.75 $ Approximate number o f members 50 DOUGHBOY PLASTICS EMPLOYEES CREDIT UNION WEST HELENA, ARKANSAS Permit April 8, 1958 Forty-Fourth Report 163 QUALIFIED STOCK EXCHANGES Securities listed on the following Stock Exchanges may be qualified by notification by an applicant company filin g the name o f the company, its address, the amount o f securities sought to be sold in Arkansas, and paying the fee required by law. American Stock Exchange Chicago Board o f Trade Chicago Stock Exchange New York Produce Exchange New York Stock Exchange Pacific Coast Stock Exchange 164 State of Arkansas: Bank Department ISSUERS REGISTERED BY QUALIFICATION IN ARKANSAS UNDER ACT 397 OF 1947 June 30, 1958 Advanced Accumulating & Acceptance Association, Inc________________________________ Little Rock, Arkansas A ffiliated Fund, Inc-------------------------------------------------New York, New York American Business Shares, Inc._____________________ New York, New York American Enterprise Corp--------------------------------------- Little Rock, Arkansas American Management Corp._______________________ Morrilton, Arkansas American Mortgage Investment Corp----------------------- Little Rock, Arkansas American Mutual Fund, Inc--------------------------------------Los Angeles, California American Provident Investors Corp-------------------------- Dallas, Texas American Stockholders Company, Inc_______________ Little Rock, Arkansas American Trusteed Funds, Inc---------------------------------- New York, New York Arkansas Business Development Corp.---------------------- Little Rock, Arkansas Arkansas Educators Investment Corp.---------------------- Little Rock, Arkansas Arkansas Glass Container Corp---------------------------------Jonesboro, Arkansas Arkansas Industrial Finance Corp__________________ Little Rock, Arkansas Arkansas Pharmaceutical Company, Inc-------------------- Little Rock, Arkansas Associated Fund Trust______________________________ St. Louis, Missouri Atkins Realty Company o f Atkins__________________ Atkins, Arkansas Atom ic Development Mutual Fund, Inc_______________Washington, D. C. Axe Houghton Fund A., Inc________________________ Tarrytown, New York Axe Houghton Fund B., Inc------------------------------------- Tarrytown, New York Axe Houghton Stock Fund, Inc-------------------------------- Tarrytown, New York Axe Science & Electronics Corp------------------------------- Tarrytown, New York Bankers Preferred Life Insurance Company--------------- Little Rock, Arkansas Berry Asphalt Company o f Magnolia------------------------- Magnolia, Arkansas Blue Ridge Mutual Fund, Inc------------------------------------- New York, New York Bond Fund o f Boston---------------------------------------------- Boston, Massachusetts Bond Investment Trust o f America---------------------------- Boston, Massachusetts Boston Fund, Inc------------------------------------------------------ Boston, Massachusetts Broad Street Investing Corp-------------------------------------New York, New York Cadron Valley Development Company----------------------- Conway, Arkansas Canada General Fund (1954) Limited-------------------------Ontario, Canada Canadian Fund, Inc--------------------------------------------------New York, New York Canadian International Growth Fund, Ltd------------------Englewood, New Jersey Carrtone Laboratories, Inc----------------------------------------Little Rock, Arkansas Century Shares Trust----------------------------------------------- Boston, Massachusetts The Chase Fund o f Boston___________________________ Boston, Massachusetts Chemical Fund, Inc__________________________________New York, New York Coastal Chemical Corp______________________________ Yazoo City, Mississippi The Colonial Fund, Inc-----------------------------------------------Boston, Massachusetts Commonwealth Investment Company------------------------ San Francisco, Calif. Commonwealth Stock Fund, Inc--------------------------------San Francisco, Calif. Concord Fund, Inc---------------------------------------------------- Boston, Massachusetts Consolidated Manufacturers, Inc--------------------------------Poyen, Arkansas Corporate Leaders o f America, Inc----------------------------- New York, New York Crown Western Investments, Inc------------------------------ Dallas, Texas Development Corporation for Israel-------------------------- New York, New York Diversified Growth Stock Fund, Inc---------------------------Elizabeth, New Jersey Diversified Investment Fund, Inc.----------------------------- Elizabeth, New Jersey Dividend Shares, Inc------------------------------------------------- New York, New York The Dreyfus Fund, Inc---------------------------------------------- New York, New York The Dreyfus Investment Program----------------------------- New York, New York Duraeraft Boats, Inc------------------------------------------------Monticello, Arkansas Dykes Associates, Inc---------------------------------------------- Little Rock, Arkansas Eaton & Howard Balanced Fund, Inc----------------------- Boston, Massachusetts Eaton & Howard Stock Fund, Inc.----------------------------- Boston, Massachusetts Electro Precision Corporation----------------------------------- Arkadelphia, Arkansas Forty-Fourth Report 165 Fidelity Fund, Ine---------------------------------------------------- Boston, Massachusetts Fidelity Investment Company------------------------------------Little Roek, Arkansas Financial Industrial Fund, Inc----------------------------------- Denver, Colorado First Arkansas Corporation--------------------------------------Little Rock, Arkansas Founders Mutual Depositor Corporation-------------------- Denver, Colorado Freeman Products Company, Inc------------------------------ Pine Bluff, Arkansas Fundamental Investors, Inc-------------------------------------- Elizabeth, New Jersey Gas Industries Fund, Inc------------------------------------------- Boston, Massachusetts General Life Insurance Company of Arkansas------------Little Rock, Arkansas General Oil Company-----------------------------------------------Camden, Arkansas Group Securities, Inc------------------------------------------------ Jersey City, N. J. Guaranty Loan and Real Estate Company-----------------West Memphis, Ark. Hamilton Fund, Inc------------------------------------------------- Denver, Colorado Holiday Hills, Inc---------------------------------------------------- Little Rock, Arkansas Holiday Inns o f America, Inc________________________ Nashville, Tennessee Income Foundation Fund Investment Plans-----------------Boston, Massachusetts The Income Fund of Boston, Inc_____________________ Boston, Massachusetts Incorporated Income Fund---------------------------------------- Boston, Massachusetts Incorporated Investors______________________________Boston, Massachusetts Institutional Income Fund, Inc----------------------------------New York, New York Institutional Shares, Ltd----------------------------------------- New York, New York Insurance Investments, Inc--------------------------------------- Conway, Arkansas International Resources Fund, Inc---------------------------- Los Angeles, California Investment Company o f America-------------------------------Los Angeles, California Investment Trust o f Boston------------------------------------- Boston, Massachusetts Investors Group Candadian Fund, Ltd------------------------ Montreal, Canada Investors Mutual, Inc---------------------------------------------- Minneapolis, Minn. Investors Security Corp-------------------------------------------- Little Rock, Arkansas Investors Selective Fund------------------------------------------ Minneapolis, Minn. Investors Stock Fund-----------------------------------------------Minneapolis, Minn. Investors Syndicate of America, Inc----------------------------Minneapolis, Minn. Investors Variable PaymentFund, Inc------------------------Minneapolis, Minn. Kem Tox Corporation-----------------------------------------------Little Rock, Arkansas Keystone Custodian, Inc-------------------------------------------Boston, Massachusetts Keystone Fund o f Canada, Ltd----------------------------------- Montreal, Canada Kismet Industries, Inc----------------------------------------------Conway, Arkansas The Lazard Fund, Inc_______________________________ New York, New York Lexington Trust Fund Shares----------------------------------New York, New York Life & Industrial Companies, Inc------------------------------Little Rock, Arkansas Managed Funds, Inc________________________________ St. Louis, Missouri Manhattan Bond Fund, Inc---------------------------------------- Elizabeth, New Jersey Markham Mining Company, Inc----------------------------------Mena, Arkansas Massachusetts Investors Growth Stock Fund, Inc------- Boston, Massachusetts Massachusetts Investors Trust---------------------------------- Boston, Massachusetts Merchants & Planters Life Insurance Company----------Little Rock. Arkansas Missouri Pacific Employees Hospital Association------- St. Louis, Missouri E. M. Moore Enterprise, Inc------------------------------------ Pine B luff, Arkansas National Investors Corporation---------------------------------New York, New York The National Investors Fire & Casualty Insurance Company------------------------------------------- Little Rock, Arkansas The National Investors Life Insurance Company-------Little Rock, Arkansas The National Investors Security Company---------------- Little Rock, Arkansas National Oil Company, Inc--------------------------------------Little Rock, Arkansas National Securities & Research Corp.-----------------------New York, New York National United Corporation------------------------------------- North Little Rock, Ark. The One William Street Fund, Inc.--------------------------- New York, New York Oresco, Inc-------------------------------------------------------------- Yellville, Arkansas Ozark National Life Insurance Company------------------- Little Rock, Arkansas Panels, Inc-------------------------------------------------------------- Camden, Arkansas J. T. Parsons Cabinet Company, Inc--------------------------- Osceola, Arkansas Peoples Indemnity Insurance Company--------------------- Conway, Arkansas 166 State of Arkansas: Bank Department Pharmaceuticals o f Arkansas, Inc-----------------------------Paragould, Arkansas Physicians & Dentists Construction & Finance Company______________________________ Little Rock, Arkansas Pioneer Fund, Inc___________________________________New York, New York Pioneer Western lif e Insurance Company------------------ Little Rock, Arkansas Preferred Risk Insurance Company---------------------------- Fayetteville, Arkansas Professional Life Insurance Company------------------------ Fort Smith, Arkansas The George Putnam Fund o f Boston--------------------------Boston, Massachusetts The Putnam Growth Fund__________________________ Boston, Massachusetts Rimroek Tidelands, Inc_____________________________ Shreveport, Louisiana Safeline Insurance Company-------------------------------------Little Roek, Arkansas Seudder, Stevens & Clark Fund, Inc.------------------------Boston, Massachusetts Selected American Shares, Inc----------------------------------- Chicago, Illinois Shareholders Trust o f Boston----------------------------------- Boston, Massachusetts Smithcary Corporation---------------------------------------------Magnolia, Arkansas Southern Equitable Life Insurance Company-------------Little Rock, Arkansas Southwestern Investors, Inc--------------------------------------Dallas, Texas Southwest Concrete Materials Corporation---------------- Little Rock, Arkansas Steeds lee Cream Company, Inc.------------------------------- Osceola, Arkansas Teachers Statewide Finance Corp.------------------------------Crossett, Arkansas Television Electronics Fund, Inc------------------------------- Chicago, Illinois Texas Fund, Inc------------------------------------------------------- Houston, Texas Trans-Continental Life & Accident Insurance Company. Little Rock, Arkansas Turney Wood Products, I n c .--------------------------------------Harrison, Arkansas United Funds Canada, Ltd---------------------------------------- Ontario, Canada United Funds, Inc.--------------------------------------------------- Kansas City, Missouri Accumulative Fund------------------ Continental Fund Income Fund and Accumulative Fund-Science Fund United Standard Corp.---------------------------------------------Little Rock, Arkansas U. S. Oil Company---------------------------------------------------- Little Rock, Arkansas The Value Line Income Fund, Inc.--------------------------- New York, New York The Value Line Fund, Inc-----------------------------------------New York, New York The Value Line Special Situations Fund, Inc------------New York, New York Washington Mutual Investors Fund, Inc--------------------- Washington, D. C. Washington Standard Life Insurance Company--------Little Rock, Arkansas The W ellington Company----------------------------------------- Clayton, Delaware World Wide Life Insurance Company-------------------------Morrilton, Arkansas Forty-Fourth Report 167 INSURERS REGISTERED BY NOTIFICATION IN ARKANSAS UNDER ACT 397 OF 1947 June 30, 1958 Alseo, Inc___________________________________________ New York, New York Aluminum Company o f America____________________ New York, New York American & Foreign Power Company________________ New York, New York American Management Corp------------------------------------ Morrilton, Arkansas Arkansas Business Development Corp.----------------------- Little Rock, Arkansas Armour & Company________________________________Chicago, Illinois Associates Investment Company-------------------------------South Bend, Indiana The Brunswick Balke Collender Company____________ New York, New York Campbell’s Soups___________________________________ New York, New York Carpenter Paper Company__________________________ Omaha, Nebraska Caterpillar Traetor Company_______________________ East Peoria, Illinois Coastal Ship Corp. McLean Industries, Inc------------------New York, New York Columbia Gas System, Inc.__________________________New York, New York Continental Gin Company__________________________ Birmingham, Alabama Dentist Supply House, Inc.__________________________Little Rock, Arkansas Diamond Alkali Company__________________________ Pittsburg, Pa. W alt Disney Productions------------------------------------------ New York, New York Douglas A ircraft Co., Inc___________________________ Santa Monica, Calif. The Emerson Electric Manufacturing Co------------------- St. Louis, Missouri Financial Security Corp____________________________ Little Rock, Arkansas General Insurance Investment Co.___________________ Dallas, Texas General Motors Savings Stock______________________ New York, New York General Precision Equipment Corp---------------------------- New York, New York General Telephone Corp____________________________ New York, New York The General Tire & Rubber Co.--------------------------------- Philadelphia, Pa. Hyeon Manufacturing Co----------------------------------------- St. Louis, Missouri International Bank for Reconstruction & Development-Washington, D. C. International Business Machine Corp_______________New York, New York International Paper Co-------------------------------------------- New York, New York International Telephone & Telegraph Corp__________ New York, New York Johnson Service Company---------------------------------------- Milwaukee, Wisconsin Kaiser Industries Corp---------------------------------------------New York, New York Kerr-McGee Oil Industries--------------------------------------- Oklahoma City, Okla. LeHigh Portland------------------------------------------------------- New York, New York Lykes Bros. Steamship Co., Inc______________________ New Orleans, La. Minnesota Mining and Manufacturing Co------------------- St. Paul, Minnesota National Cylinder Gas Co----------------------------------------- New York, New York National Distillers and Chemical Corp______________ New York, New York New England Electric System---------------------------------- New York, New York Northwest Bancropration------------------------------------------ New York, New York Olin Mathieson Chemical Corp_______________________ New York, New York Pacific Petroleum, Ltd.--------------------------------------------- New York, New York Pittsburg Plate Glass Company_____________________ Pittsburg, Pa. Richfield Oil Corp-----------------------------------------------------New York, New York Royal McBee Corp,-------------------------------------------------- New York, New York Smith-Corona, Inc-----------------------------------------------------New York, New York South States Life Insurance Co----------------------------------Shreveport, Louisiana Sperry Rand Corp-----------------------------------------------------New York, New York Standard Oil Co--------------------------------------------------------New York, New York Stephan Chemical Co------------------------------------------------Chicago, Illinois Sylvania Electric Products, Inc--------------------------------- New York, New York Royal Dutch Petroleum Co-------------------------------------- New York, New York James Talcott, Inc--------------------------------------------------- New York, New York The Texas Company-------------------------------------------------New York, New York Texas Utilities Co-----------------------------------------------------Dallas, Texas 168 State of Arkansas: Bank Department DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT SECURITIES IN ARKANSAS AS OF JUNE 30, 1958 Allstates Investment Company---------------------- ----------Camden, Arkansas AMICO, Inc-------------------------------------------------- ----------Little Rock, Arkansas Arkansas Business Development Corp----------- ----------Little Rock, Arkansas Arkansas Development Corp.------------------------- ----------Morrilton, Arkansas Arkansas Valley Corp----------------------------------- ----------North Little Rock, Ark. Associated Fund, Inc------------------------------------- ----------St. Louis, Missouri Edgar M. Bacharach, an individual----------------- ----------Helena, Arkansas Blyth & Co., Inc--------------------------------------------- ----------New York, New York Bruns, Nordeman & Company------------------------- ----------W est Memphis, Ark. Capitol Securities Corp---------------------------------- ----------Little Rock, Arkansas Lewis W. Cherry Company---------------------------- ----------Little Rock, Arkansas Joel H. Clark, an individual---------------------------- ----------Texarkana, Arkansas Clisbee and Company, Inc------------------------------ ----------Tulsa, Oklahoma Cohn & Company------------------------------------------ ----------W est Helena, Ark. Collie, Inc----------------------------------------------------- ----------Little Rock, Arkansas Corporate Services, Inc---------------------------------- ----------Texarkana, Arkansas 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, Investments------------------------ ----------Fort Smith, Arkansas Eppler, Guerin & Turner------------------------------- --------- Texarkana, Arkansas Equitable Securities Corp------------------------------ --------- Nashville, Tennessee Federated Plans, Inc------------------------------------- ----------W orcester, Mass. Financial Security Corp---------------------------------- --------- Little Rock, Arkansas FIF Associates, Inc--------------------------------------- --------- Denver, Colorado The First Boston Corp------------------------------------ --------- Boston, Massachusetts First Securities Corp------------------------------------- --------- Little Rock, Arkansas General Securities Corp---------------------------------- --------- Little Rock, Arkansas Ben Gilbert & Co-------------------------------------------- ------—Little Rock, Arkansas Van Grant & Co-------------------------------------------- --------- Salt Lake City, Utah A . L. Green, an individual------------------------------ --------- El Dorado, Arkansas Henry Hagelstein, an inlividual---------------------- --------- Harrison, Arkansas Hamilton Management Corp-------------------------- --------- Denver, Colorado Hill, Crawford & Lanford, Inc------------------------ ----------Little Rock, Arkansas Gilbert Howell Company-------------------------------- --------- Little Rock, Arkansas Investment Exchange Corp----------------------------- --------- Little Rock, Arkansas Investors Diversified Services, Inc------------------ --------- Minneapolis, Minn. Kurt Kauffman, an individual------------------------ --------- Hot Springs, Arkansas E. Davis Kolb, an individual------------------------- --------- Fort Smith, Arkansas Larkin Investment Company--------------------------- --------- Shreveport, La. Bernice McCoy Investment Company-------------- --------- W est Monroe, La. McDonald, Evans & Company------------------------- --------- Kansas City, Missouri Merrill Lynch, Pieree, Fenner & Smith----------- --------- New York, New York King Merritt & Company, Inc------------------------- --------- New York, New York Mid-Continent Securities Corp.------------------------ --------- Little Rock, Arkansas Mississippi Chemical Corp.----------------------------- --------- Yazoo City, Mississippi B. C. Morton & Co----------------------------------------- --------- Boston, Massachusetts National Investment Company------------------------ --------- Hot Springs, Arkansas National Investors Security Company_________ --------- Little Rock, Arkansas Nunn-Groves Company----------------------------------- --------- Little Rock, Arkansas Physicians & Dentists Investment Company___ --------- Little Rock, Arkansas Rader, W ilder & Company------------------------------ --------- Memphis, Tennessee Raney Investment Co., Inc.----------------------------- --------- Little Rock, Arkansas T. J. Raney & Sons-------------------------------------- --------- Little Rock, Arkansas Rauscher, Pierce & Company, Inc-------------------- --------- Dallas, Texas Reinholdt & Gardner-------------------------------------- --------- St. Louis, Missouri Renyx, Field & Company, Inc------------------------- --------- New York, New York Forty-Fourth Report 169 Salomon Brothers & Hutzler________________________ New York, New York Scudder Fund Distributors, Ine______________________ New York, New York Securities Management Corp________________________ Dallas, Texas Sharp-Kellar Securities Company___________________ Conway, Arkansas Slayton & Company, Inc____________________________ St. Louis, Missouri Harrow Smith Company_____________________________Little Rock, Arkansas Southern Securities Corp___________________________ Little Rock, Arkansas Southern Stocks, Inc._______________________________Little Rock, Arkansas Southwest Securities, Inc___________________________ Little Rock, Arkansas Robert L. Speer Investments------------------------------------- Fort Smith, Arkansas Stephens Brothers Investments_____________________ Little Rock, Arkansas Stephens, Inc_______________________________________Little Rock, Arkansas Dabbs Sullivan Company____________________________ Little Rock, Arkansas Thomson & McKinnon, co-partnership_______________ New York, New York Treadwell Securities Company---------------------------------- Texarkana, Arkansas E. L. Villareal & Company_________________________ Little Rock, Arkansas Waddell & Reed, Inc_______________________________ Kansas City, Missouri Walston & Company, Inc------------------------------------------- New York, New York Walton & Company, Ine.____________________________Little Rock, Arkansas Washington Underwriters, Inc_______________________ Dallas, Texas Sam Watson Company, Inc----------------------------------------Little Rock, Arkansas White, Weld & Company____________________________ New York, New York W om eldorff & Lindsey--------------------------------------------- Little Rock, Arkansas Wonder State Securities Corp----------------------------------- Little Rock, Arkansas