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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

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JL/JL V l u i v - l l i

Jane 30, 19S8
*

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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