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FORTY-SECOND REPORT
O F TH E

B A N K COMMISSIONER
OF TH E

STATE OF ARKANSAS

FOR TH E Y E A R E N D IN G JU NE 30, 1956




DICK SIMPSON
State Bank Commissioner




ST A T E O F A R K A N S A S
OFFICE OF S T A T E B A N K D E P A R T M E N T
July 2, 1956
To His Excellency
Orval E. Faubus
Governor of Arkansas
Sir:
I have the honor of submitting to you the Forty-Second Annual
Report of the State Bank Department for the fiscal year ending
June 30, 1956, in compliance with the terms and provisions of
A ct 113 of 1913 (Now found in Section 67-111, Arkansas Statutes
of 1947). The report reflects the condition of the State-charter­
ed banks and trust companies, building and loan associations, in­
dustrial loan companies, credit unions and other factual data
pertaining to the operation of the Department.




Respectfully submitted
Dick Simpson
State Bank Commissioner

TABLE OF CONTENTS

Page
Legal H olida ys__________________________________________________________ 6
Departmental R oster_____________________________________________________ 7
Commissioners of State Bank Department_________________________________ 8
Receipts and Disbursements----------------------------------------------------------------------9
Officials Arkansas Bankers Association 1956-57 __________________________ 10
Officials Junior Bankers Section 1956-57 _________________________________ 10
Officers Federal Reserve Bank of St. Louis', M issouri------------------------------- 11
Officers Little Rock Branch Federal Reserve Bank of St. Louis,
Missouri____________________________________________________________ 11
Examiners Federal Deposit Insurance Corporation for Arkansas----------------- 11
Examiners National Bank Department in Arkansas________________________11
Comparative Abstract showing condition of State Banks and Trust
Companies as of June 30, 1956 and June 30, 1955 ____________________ 12
Comparative Abstract showing condition of State and National
Banks as of December 31, for the years 1955-1951 ----------------------------- 13
Comparative statement of condition of State Banks and Trust
Companies for the past thirty-three y e a r s ___________________________ 14
Consolidated report of Earnings and Dividends of State Banks and
Trust Companies for the twelve months ending December 1955 ________15
Banking Facilities by Counties including State and National Banks,
Teller’s Windows and Cooperative Exchanges______________________16-17
National Banks in A rkansas-------------------------------------------------------------------- 18
Members of Federal Reserve System ____________________________________ 19
Commercial Banks Non-Members of Federal Deposit Insurance
Corporation_________________________________________________________ 19
Trust Companies not engaged in commercial banking and non­
members of Federal Deposit Corporation_____________________________ 19
State Banks Operating Teller’s W indows_________________________________ 20
National Banks Operating Teller’s W indows______________________________ 20
New Banks Chartered------------------------------------------------------------------------------20
Amendments Altering Capital Structure_________________________________ 20
Other Amendments--------------------------------------------------------------------------------- 21
Ratio of Total Capital Accounts to Total Liabilities____________________ 22-24
Individual statement of condition of all State Banks and Trust
Companies as of June 30, 1956 ___________________________________ 25-126
Combined and individual statement of condition of Cooperative
Exchanges as of June 30, 1956 ___________________________




127-129

Page

Combined and individual statement of condition of Building and
Loan Associations as of December 31, 1955 _____________________ 130-136
Supervised loan companies under Act 397 of 1947 as of
June 30, 1956 ______________________________________________________ 138
Mortgage loan companies under Act 397 of 1947 as of June 30, 1956 _______139
Combined and individual statement of condition of Industrial
Loan Institutions operating under Act 111 of 1941 as of
June 30,1956 ___________________________________________________ 140-143
Combined and individual statement of condition of Credit Union
as of December 31, 1955 _______________________________________ 144-159
Qualified Stock E xchanges_____________________________________________160
Issuers Registered by Qualification under Act 397 of 1947 as
of June 30, 1956 ________________________________________________ 161-162
Issuers Registered by Notification under Act 397 of 1947 as
of June 30, 1956 ----------------------------------------------------------------------------- 163
Dealers authorized to sell qualified or exempt Securities as
of June 30, 1956 _____________




164

6

State of Arkansas: Bank Department

L E G A L H O L ID A Y S

N ew Y ear’s D ay--------------------------------- January 1.
Robert E. Lee’s Birthday___________ January 19.
George W ashington’s Birthday______February 22.
Memorial D ay________________________ May 30.
Independence Day____________________ July 4.
Commemorating the end
of World W ar II_________________August 14.
Labor D ay____________________________ First Monday in September
Veteran’s D ay________________________ November 11.
Thanksgiving

Day____________________Any day made or designated
by A ct of Congress.

Christmas D ay________________________ December 25.
All Biennial Statewide Primary and General Election Days.

A ll Bills of Exchange, D rafts or Promissory Notes, which shall
become payable on a legal holiday shall be payable on the day next
succeeding such holiday. In case any legal holiday which falls on
Sunday, the next succeeding Monday shall be a legal holiday in its
stead.




7

Forty-Second Report

D E P A R T M E N T A L 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.

B A N K E X A M IN E R S
D.

S. Patterson
J. A . W elty
R.

F. C. Rayburn
Olan B. W ages
C. Willcox

A S S IS T A N T E X A M IN E R S
H.
R.

W . Oldham
N . Sims

Robert Jackson
John Alvin Bunch

BU ILD IN G A N D L O A N A N D SECURITIES E X A M IN E R
T. Y . Cooper

CLER KS A N D STEN OG R APH ER S
K athy Maynor

Helen James

Betty Morton

S T A T E B A N K IN G BO ARD
James H. Kays, Chairman_____________________________ Fort Smith
John W . Edwards_____________________________________ Batesville
Lawson T. Garner_______________________________________Crawfordsville
Warren K . Bass---------------------------------------------------------------Little Rock
F. J. W hite-------------------------------------------------------------------- Fort Smith
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.

Name

Date of Appointment

Date Service Ended

1. John M. Davis_____ March 6, 1913___________ October 3, 1918

2.

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
6 Walter E. Taylor___ February 8, 1927-----------January 10, 1933
7. Marion Wasson____ January 10, 1933_______ January12,1937
8 Grover S. Jernigan_January 12, 1937_______ January 14, 1941
9. Thomas W. Leggett-January 14, 1941------------ February 1, 1949
10 S. J. Dean________ February 1, 1949------------ December 31, 1949
11 Ed I. McKinley, Jr._December 31, 1949_______March 14, 1953
12. A. R. Merritt_____ March 14, 1953__________ February 8, 1955
13. Dick Simpson______ February 8, 1955-----------3.
4.
5.

.
.

..




Forty-Second Report

9

The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1955 to June 30, 1956.
RECEIPTS
Cash balance with State Treasurer June 30, 1956-------------------------- $ 75,698.40
Examination and Assessment Fees— Bank Division___ $84,074.26
Charter and Amendment Fees— Bank Division________ 2,090.00
Miscellaneous Fees— Bank Division.--------------------------- 2,229.50
Miscellaneous Fees— Securities Division______________ 31,426.62
119,820.38
$195,518.78
DISBURSEMENTS
Salaries—Administrative ______________________________________ $ 19,000.00
Salaries—ExaminingD ivision____________________________________ 45,287.50
Salaries—Office F o r ce __________________________________________
8,705.00
Maintenance _____________________________________________________ 15,132.56
Travel E xpen se__________________________________________________ 11,255.58
Charges by State Treasurer—Department Contributions
to Social Security
3rd Quarter, 1955 _____________________________ $330.66
4th Quarter, 1955 ______________________________ 166.07
1st Quarter, 1956 _____________________________ 372.81
2nd Quarter, 1956 _____________________________ 376.06
1,245.60
Cash balance with State Treasurer June 30, 1956_________________




$100,626.24
94,892.54
$195,518.78

10

State of Arkansas: Bank Department

A R K A N S A S B A N K E R S ASSOCIATIO N
1956-57
President___________ H. C. Adam s, Executive Vice President, First
National Bank, D eW itt
Vice President____ Thomas G. Wilson, Executive Vice President,
First State Bank, Conway
Treasurer___________Edward M. Penick, Vice President, Worthen
Bank and Trust Company, Little Rock
Secretary___________Jeff Burnett, 621 Pyramid Building, Little
Rock
A s s ’t. Secretary___ Miss Thelma Bruce, 621 Pyramid Building, L it­
tle Rock

E X E C U T IV E COUNCIL
G. H. Sexton_______
R. J. Rice__________
B. J. Lambert, Jr___
C. E. Crossland, Jr._
Sam E. Babb_______
J. C. Reeves_________
Max A . Mitcham___
M. C. Singer________
Fred Douglas_______
W . A . Hudspeth, Jr.

Hot Springs
N. Little Rock
W est Memphis
Paragould
EH Dorado
Pine B lu ff
Smackover
Warren
Bentonville
Ozark

C O U N C IL M E N -A T -L A R G E
E. C. Benton__________________________________________ Fordyce
P. L. Copeland_________________________________________Newport

OFFICERS JUNIOR B A N K E R S
SECTION
A R K A N S A S B A N K E R S ASSO C IATIO N
President__________ H. N . Davis______________________ Pine B lu ff
Vice President_____ Garland Kirkpatrick____________ Jonesboro
Secretary---------------- Davies B. Campbell_____________ Little Rock
Historian___________Miss Marie Kelley_______________ Mansfield




Forty-Second Report

11

F E D E R A L R E SE R V E B A N K
OF
ST. LOUIS, MISSOURI
DISTRICT NO. 8
President _____________________________________ Delos C. Johns
1st Vice President____________________________ Frederick L. Deming
Vice President________________________________ George E. Kroner
Vice President________________________________ J. C. Wotawa
Vice President________________________________ Dale M. Lewis
Vice President and Secretary_______________ H. H. W eigel
Vice President____ Fred Burton______________________ Little Rock
Vice President____ V . M. Longstreet_________________ Louisville
Vice President____ Darryl R. Francis________________ Memphis
Chief Examiner___0 . 0 . W yrick_____________________ St. Louis

L ITTLE ROCK BR AN C H
F E D E R A L R E SE R V E B A N K
OF
ST . LOUIS, MISSOURI
Vice President and Manager_________________ Fred Burton
Assistant Manager____________________________ W . J. Bryan
Assistant Manager____________________________ Clifford Wood
Assistant Manager____________________________ S. C. Davis

F E D E R A L DEPOSIT IN SU R AN C E CORPORATION
DISTRICT NO. 6
1059 Arcade Building, St. Louis, Mo.
Supervising Examiner_______________________ C. M. Dunn
Assistant Supervising Examiner_____________ Rex Clark

E X A M IN E R S FOR A R K A N S A S
Fred H. Caudle_______________ Salinger Building, North Little Rock
Ray M. W aters_______________ Salinger Building, North Little Rock
Clinton L. W hite, Jr________Salinger Building, North Little Rock

N A T IO N A L B A N K E X A M IN E R S FOR A R K A N S A S
Clarence R. Anderson, Chief National Bank Examiner, 416 North
Broadway, St. Louis, Missouri
Frank E. Brown, P. 0 . Box 2180, Little Rock, Arkansas
Francis A . Chenot, P. 0 . Box 825, Fort Smith, Arkansas
Geral L. Gowman, P. 0 . Box 145, Memphis, Tennessee



COMPARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUST COMPANIES
AS OF JUNE 30, 1956 AND JUNE 30, 1955
June 30, 1956
182

June 30, 1955
179

RESOURCES:
Cash and due from banks — -----U. S. Government obligations ______
Other bonds and securities
Loans and discounts-----------Banking house, furniture and fixtures
Other real e s ta te __ ________________
Other resources------- ----------- ------

$119,669,834.57
140,958,020.25
52,274,000.67
190,448,597.77
4,038,830.71
204,230.32
779,365.21

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

$

TOTAL RESOURCES___________

$508,372,879.50

$473,034,437.27

$

35,338,442.23 (Net)

LIABILITIES:
Demand deposits------- -----------------------Savings and time deposits___________
U. S. Government deposits________
Public funds-- ------ ---------------------- --Deposits of banks
_____ ____ _____

$316,038,937.80
81,623,856.80
6,159,323.72
45,350',164,81
11,726,973.37

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

$

22,661,403.63
8,190,200.41

TOTAL DEPOSITS ___________
Other lia b ilit ie s _
_________ _____

$460,899,256.50
787,434.24

$430,059,125.42
416,026.57

$

30,840,131.08 (Net)
371,407.67

$461,686,690.74

$430,475,151.99

$

31,211,538.75 (Net)

$ 13,124,200.00
15,926,400.72
17,635,588.04

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

$

1,040,000.00
1,986,230.72
1,101,672.76

$ 46,686,188.76

$ 42,559,285.28

$

4,127,903.48

$508,372,859.50

$473,034,437.27

$

Number of banks

CAPITAL ACCOUNTS:
Capital stock
______ _______ __ _
Surplus _
_ --------------- ---- -----------Undivided profits and reserves _____
TOTAL CAPITAL ACCOUNTS—
TOTAL CAPITAL ACCOUNTS
AND LIABILITIES______ _



1,825,479.48
$

7,276,298.60

$245,643.56
381,473.12
147,300.52

35,338,442.23 (Net)

State of Arkansas: Bank Department

TOTAL LIABILITIES_________

Decrease

Increase
3

7,726,007.13
32,201,758.61
620,255.20
135,573.08
105,667.33

K

COMPARATIVE ABSTRACT SHOWING CONDITION OF STATE AND NATIONAL BANKS OF ARKANSAS AS OF
DECEMBER 31, 1955-1951
1955
234

Number of banks

TOTAL RESOURCES

_____

_____

LIABILITIES:
Capital s t o c k - ______________ ____ ____
Surplus
_ _
____
_______
Undivided profits and rpsorves
Total capital account _ _
Deposits
Other liabilities

__

_

___ _________ ______
__ __ __ _____

TOTAL LIABILITIES —




__

_____

1953
230

1952
230

1951
230

$ 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

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

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

$1,138,202,000

$1,073,380,000

$1,024,657,000

$1,001,651,000

$949,759,000

$

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

$

21,880,000
26.481.000
22.916.000

$ 21,035,000
24.234.000
21.069.000

$

88,228,000

$

83,020,000

$

75,595,000

$

71,277,000

$ 66,338,000

$1,045,899,000
4,075,000

$ 986,542,000
3,818,000

$ 945,731,000
3,331,000

$ 927,595,000
2,779,000

$881,253,000
2,168,000

$1,138,202,000

$1,073,380,000

$1,024,657,000

$1,001,651,000

$949,759,000

Forty-Second Report

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_____________ ________

1954
231

co

COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES
FOR PAST THIRTY - THREE YEARS
Number
Banks

Date
30,
30,
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,

1924___
1925
. _
1926 _
- _
1927 __ _. _
1928 _ . _
1929-------- —
1930 __ .. _
1931____ . _
1932_
. _
1933 __. _
1934___ . _
1935__ __ - _
1936_____ —
1937 ____
1938____ . _
1939_
- _
1940—
- _
1941_____
1942_ _ .. _
1943 _ .. _
1944_
. _
1945_
1946
1947
1948 __. _
1949_
1950
1951
1952
. _
1953
1954 _
. _
1955
1956
—




397
396
394
376
358
347
329
265
223
202
189
180
178
176
171
167
169
166
166
161
161
163
169
170
174
174
176
177
178
177
178
179
182

123,365,300
136,552,900
142,107,300
134,788,700
135,849,800
137,636,800
131,936,800
92,097,800
62,043,400
47,335,000
41,756,400
50,646,500
59,441,000
66,036,600
66,771,000
73,397,300
79,079,100
94,733,000
128,975,900
190,153,500
226,832,800
302,720,500
355,193,200
346,132,500
340,469,900
344,900,700
354,288,100
358,571,300
383,178,600
398,584,300
411,324,600
430,059,100
460,899,300

Loans and
Discounts
114,950,900
117,669,200
123,464,400
112,051,800
109,167,900
109,438,700
111,542,200
67,063,800
46,374,800
29,925,600
23,434,300
25,039,400
22,088,500
24,965,600
29,138,400
36,443,100
32,496,900
33,420,100
30,666,600
30,497,300
42,121,000
50,282,600
49,928,600
70,403,400
82,157,200
101,075,200
94,148,700
108,035,400
120,769,700
125,554,200
159,028,000
158,246,800
190,365,300

Borrowed
Money
14,237,400
13,403,100
13,078,300
8,011,600
7,120,500
8,333,200
12,018,900
3,356,600
7,676,700
6,798,200
3,515,800
320,500
148,300
233,500
88,100
206,100
72,300
75,100
56,700
83,700
81,700
106,700
131,700
116,700
221,700
118,200
148,200
133,200
58,200
298,200
58,200
58,200
0

Cash
28,651,300
34,129,800
35,902,800
35,390,100
33,484,400
32,607,700
30,886,200
26,347,000
20,014,800
19,530,100
18,594,700
20,827,300
29,198,000
28,661,800
26,501,600
27,761,400
34,852,000
46,087,100
75,993,000
88,424,600
87,156,400
115,746,100
114,416,400
102,647,800
96,311,500
96,605,800
102,081,300
102,013,000
114,420,700
117,406,400
116,317,200
117,844,400
119,609,800

U. S. Gov’t;
Bonds
3,604,000
4,720,100
4,401,600
4,426,700
6,048,500
8,403,100
4,892,500
4,101,500
6,061,500
6,946,200
7,155,500
9,206,600
11,254,400
12,197,200
10,842,300
9,198,600
10,664,100
12,705,800
21,423,800
71,252,800
97,906,100
137,559,700
187,100,000
170,818,800
160,340,700
148,075,000
158,652,300
148,390,100
144,775,800
152,351,100
135,033,400
148,234,300
140,958,000

Capital
Structure

Total
Resources

25,770,300
25,186,900
25,374,100
24,424,800
23,434,400
23,593,100
23,169,300
17,551,500
14,937,100
12,398,500
12,047,800
11,693,400
11,769,900
12,059,300
12,084,800
12,280,700
12,567,100
12,805,500
13,316,600
13,904,500
15,076,800
16,624,500
18,908,900
21,414,700
23,769,900
26,381,700
29,064,500
31,611,000
34,416,400
37,166,600
40,797,700
42,559,300
46,686,200

161,946,800
171,348,400
179,174,100
167,369,800
167,013,100
170,668,000
168,358,500
114,721,200
85,708,100
67,506,400
57,423,900
62,770,700
71,508,200
78,432,900
79,016,200
85,961,400
92,002,700
107,936,900
142,710,700
204,492,600
242,132,900
319,689,500
374,451,600
367,934,700
364,722,300
371,711,900
383,815,000
390,770,400
417,987,700
436,430,100
452,551,900
473,034,437
508,372,900

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

Deposits

Forty-Second Report

15

CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR TWELVE
MONTHS ENDING DECEMBER 31, 1956
EARNINGS:
Interest and discount of loans_____________ $9,188,025.66
Interest and dividends on securities__________ 4,112,906.59
Service charges, exchange charges, etc______ 2,670,870.38
Other operating earnings___________________
421,430.71
Total earnings from operations_______________________ $16,393,233.34
EXPENSES:
Salaries, wages and directors fees__________ $5,742,455.18
Interest paid on time deposits______________ 1,247,970.01
6,981.92
Interest paid on borrowed money____________
Taxes other than on income________________
423,543.30
Taxes on income_____________________________1,810,179.91
Other current expenses_____________________ 3,145,077.26
Total current expenses.

$12,376,207.58

Net current operating earnings.

4,017,025.76

RECOVERIES AND PROFITS:
On securities.
On loans____
All others__.

$ 226,644.63
198,045.98
77,645.14
$ 502,335.75
$ 4,519,361.51

LOSSES CHARGED OFF:
On securities.
On loans____
All others----

$ 397,946.63
855,790.35
304,774.58
$ 1,558,511.56
$ 2,960,849.95

DIVIDENDS PAID:
Cash dividends paid on common stock________$1,272,417.50
NET PROFITS AFTER DIVIDENDS FOR 1955




$ 1,272,417.50

16

State of Arkansas: Bank Department

B ANK ING FACILITIES BY COUNTIES INCLUDING STATE A N D
N A TIO N AL B AN K S, TELLER’S W IN D O W S A N D
COOPERATIVE EXCHANGES

County

Arkansas___________________
Ashley-------------------------------Baxter_____________________
Benton_____________________
Boone______________________
Bradley____________________
Calhoun-----------------------------Carroll_____________________
Chicot_____________________
Clark______________________
Clay----------------------------------Cleburne___________________
Cleveland---------------------------Columbia___________________
Conway____________________
Craighead__________________
Crawford___________________
Crittenden__________________
Cross______________________
Dallas______________________
Desha______________________
Drew______________________
Faulkner___________________
Franklin___________________
Fulton_____________________
Garland____________________
Grant______________________
Greene_____________________
Hempstead_________________
Hot Spring------------------------Howard____________________
Independence_______________
Izard______________________
Jackson____________________
Jefferson___________________
Johnson____________________
Lafayette__________________
Lawrence__________________
Lee_________________ -______
Lincoln____________________
Little River________________
Logan_____________________
Lonoke_____________________
Madison____________________
Marion_____________________
Miller______________________
Mississippi_________________
Monroe____________________
Montgomery________________
Nevada____________________
Newton____________________




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

National
Banks

1

1
I
2
2
1
1
11
J
1
1

2
J

1
1
2

1
2
1
1
1
2
3
1
1

2
1
1

2

1
1
1
1

2
5
2
1
6
3
1
1
1

Cooperative E xchanges

21

2
3
2
3
1
1
1

Teller’s
Windows

1
1

1
3

1

17

Forty-Second 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________________
White______________________
Woodruff__________________
Yell________________________




State
Banks

National
Banks

4
1
4
3
6
1
5
2
7
2
2
2
1
2
4
2
4
1
4
1
5
7
2
3

1

183

54

Teller’s
Windows

Cooperative Exchanges*1

2
1
1
1
2

3

2
3
1

1
2
1

2
2

2

1
1

26

3

18

State of Arkansas: Bank Department

NATIONAL BANKS IN ARKANSAS
Name

Location

. Altheimer
_
. Arkadelphia
. Ashdown
. Batesville
.Berryville
. Blytheville —
. Camden
. Clarksville
. Conway
_
. DeQueen
—
.DeWitt
-El Dorado
El Dorado
. Fayetteville
Fordyce
Forrest City
Fort Smith
.Fort Smith
.Fort Smith
Green Forest
. Gurdon
.Heber Springs
.Helena
.H e le n a _
Hope _
Hope
.Hot Springs
Planters National Bank________________ Hughes_______
First National Bank___________________ Huntsville-----Peoples National Bank________________ Jonesboro_____
First National Bank___________________ Lewisville_____
Commercial National Bank____________Little Rock__
First National Bank___________________ Little Rock__
Union National Bank__________________ Little Rbck__
First National Bank___________________ Magnolia-------Malvern National Bank________________ Malvern______
First National Bank___________________ Marianna_____
Planters National Bank________________ Mena_________
First National Bank___________________ Nashville_____
First National Bank___________________ Newport--------National Bank of Commerce---------------- Paragould____
First National Bank___________________ Paragould____
First National Bank___________________ Paris_________
National Bank of Commerce---------------- Pine Bluff____
Simmons National Bank-----------------------Pine Bluff____
American National Bank______________Rogers_______
First National Bank----------------------------- Springdale____
Peoples National Bank------------------------ Stuttgart_____
State National Bank__________________ Texarkana____
Trumann National Bank_______________ Trumann_____
First National Bank___________________ Tuckerman___
Citizens National Bank------------------------ Walnut R.idge_
First National Bank of Lawrence Co-----Walnut Ridge_
First National Bank___________________ Wynne_______




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

19

Forty-Second Report

MEMBERS OF FEDERAL RESERVE SYSTEM
Date of Admission

Name of Bank & Location

Capital and
Surplus

April 21, 1941

$ 200,000.00
-Elk Horn Bank & Trust Company
Arkadelphia
150,000.00
April 15, 1958
The Citizens Bank
Batesville
August 23, 1918____ -Farmers Bank & Trust Company.
1,000,000.00
Blytheville
Mav 10, 1944
150,000.00
-Bank of Brinkley.
Brinkley
April 28, 1941
150,000.00
-The Merchants & Planters Bank
Camden
September 11, 1942_ .The Exchange Bank & Trust Company.. _ 250,000.00
El Dorado
__
_
300,000.00
January 7, 1944 _ Mcllroy Bank.
Fayetteville
200,000.00
September 22, 1933_ Fordyce Bank & Trust Company
Fordyce
_ 800,000.00
September 25, 1942__ Arkansas Trust Com pany___
Hot Springs
_ 125,000.00
Peoples Bank & Loan Company.
July 26, 1945
Lewisville
_ 3,000,000.00
Worthen Bank & Trust Company
March 20, 1919
Little Rock
September 20, 1944_ Farmers & Merchants Bank
_ __ 150,000.00
Marianna
150,000.00
July 21, 1920
The Bank of R u ssellv ille _
Russellville
August 23, 1923
Peoples Exchange Bank.
_
_ __ _ 150,000.00
Russellville
Grant County Bank
—
_ _ 100,000.00
June 9, 1942
Sheridan
Smackover State Bank.
- _ __ 175,000.00
April 11, 1944
Smackover
150,000.00
Bank of Waldron _
May 20, 1921
Waldron
_ 250,000.00
Bank of Arkansas _
January 3, 1956
Little Rock
COMMERCIAL BANKS— NON MEMBERS FEDERAL DEPOSIT
INSURANCE CORPORATION
Name

Location

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

Location

Arkansas Valley Trust Company_______________ Fort Smith
Guaranty Loan & Trust Company__________________ Helena
Metropolitan Trust Company___________________ Little Rock
John Matthews Company__________ . ________ _N. Little Rock



20

State of Arkansas: Bank Department

STATE BANKS OPERATING TELLER’S WINDOWS

Name of Bank

Location
Teller’s
Window

Location

County

-Bald Knob
-Benton
-DeWitt
-Carle
-Forrest City
-Forrest City
-Greenwood
-Horatio
-Tonesboro
-Jacksonville

White
Bradford
Bauxite
Saline
Gillett
Arkansas
CrawfordsvilleCrittenden
Cotton Plant Woodruff
DeValls Bluff Prairie
Hartford
Sebastian
Dierksi
Howard
Lake City
Craighead
Little Rock
Pulaski
Air Force Base
-McGehee
Arkansas CityDesha
-McGehee
Watson
Desha
-Monette
Caraway
Craighead
-Murfreesboro Mineral Spgs. Howard
-Osceola
Joiner
Mississippi
-Osceola
Mississippi
Luxora
-Paragould
Marmaduke
Greene
-Plainview
Yell
Ola
Searcy
McRae
White
-Siloam Spgs. Gentry
Benton
-Tuckerman
Jackson
Swifton
-Warren
Hermitage
Bradley
-Wilson
Keiser
Mississippi

Farmers
McGehee Bank
McGehee Bank
Monette State

National Banks Operating Teller’s Windows
First National Bank_____________ Fort Smith
First National Bank_____________ Little Rock
Simmons National Bank________ Pine Bluff
State National Bank____________ Texarkana

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

NEW BANKS CHARTERED
July 1, 1955 to June 30, 1956
Name, Location and Date
Pulaski Heights Bank, Little Rock,
Pulaski County, August 29, 1955
Asher Avenue Bank, Little Rock,
Pulaski County, October 5, 1955
Farmers & Merchants Bank, Rogers,
Benton County, March 13, 1956

.

Charter
Number

Capital

Surplus

$200,000.00

$40,000.00

710

200,000.00

50,000.00

711

100,000.00

50,000.00

712

AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1, 1955 to June 30, 1956
1. Bank of Ash Flat, Ash Flat, increased capital from $20,000.00 to
$25,000.00 by the declaration of a 25% stock dividend.
2. Danville State Bank, Danville, increased capital from $30,000.00 to
$35,000.00 by the sale of $5,000.00 par value new stock.
3. Bank of Dardanelle, Dardanelle, increased capital from $25,000.00 to
$50,000.00 by the declaration of a 100% stock dividend.



Forty-Second Report

21

4. Bank of Eureka Springs, Eureka Springs, increased capital from
$25,000.00 to $50,000.00 by the declaration of a 100% stock dividend.
5. Jacksonville State Bank, Jacksonville, increased capital from $75,000.00
to $150,000.00 by the sale of $75,000.00 par value new stock.
6. Citizens Bank of Jonesboro, Jonesboro, increased capital from $200,000.00 to $300,000.00 by the declaration of a 50% stock dividend.
7. Farmers State Bank, Lake City, increased capital from $50,000.00 to
$125,000.00 by the sale of $75,000.00 par value of new stock.
8. Little River Bank, Lepanto, increased capital from $50,000.00 to
$100,000.00 by the declaration of a 100% stock dividend.
9. Metropolitan Trust Company, Little Rock, decreased capital from
$250,000.00 to $176,700.00.
10. Bank of McCrory, McCrory, increased capital from $50,000.00 to $75,000.00 by sale of $25,000.00 par value of new stock.
11. Bank of Ozark, Ozark, increased capital from $25,000.00 to $50,000.00
by the declaration of a 100% stock dividend.
12. Smackover State Bank, Smackover, increased capital from $50,000.00
to $100,000.00 by the declaration of a 100% stock dividend.
13. Merchants & Planters Bank, Sparkman, increased capital from $20,000.00 to $25,000.00 by the declaration of a 25% stock dividend.
14. The Peoples Bank, Waldo, increased capital from $25,000.00 to $50,000.00 by the declaration of a 100% stock dividend.
15. Merchant & Planters Bank, West Memphis, increased capital from
$50,000.00 to $100,000.00 by the declaration of a 100% stock dividend.
AMENDMENTS CHANGING CORPORATE TITLE
July 1, 1955 to June 30, 1956
Asher Avenue Bank, Little Rock, amended Articles- of Incorporation
changing its name to Bank of Arkansas.
AMENDMENTS AUTHORIZING LIMITED TRUST POWERS
July 1, 1955 to June 30, 1956
The Bank of Arkansas, Little Rock, was granted limited trust powers
to act as trustee and paying agent for municipal bond issues.
AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1, 1955 to June 30, 1956
Name
Location
From
Bank of Mountain View_______________ MountainView-------------- 4
Bank of Elkins_______________________Elkins ________________ 5
Farmers State Bank___________________Lake City____________ 5 to 9

To
5
4
5 to 11

AMENDMENTS CHANGING LOCATION
July 1, 1955 to June 30, 1956
Name
Farmers State Bank.




From
To
Lake City_________________ Jonesboro

22

State of Arkansas: Bank Department

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
LIABILITIES OF THE 182 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1956 IS 9.2,%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank

Location

Bank of Amity.

Amity
_________ ______
.Arkadelphia______ ______
Ash F l a t _____ _
A t k in s _
Augusta _
_ _ _
Bald Knob
Batesville
______
Beebe _
Benton
_ _
Blevins
_____
Blytheville
B ra d le y _
__
Cabot
. .
Charleston ____
_____
Cherry V alley____ ___ _
Chidester _ ------------ __
_
Clarendon _
_ _ _ ___
Clinton
. _
Danville
_
Delight
Des Arc
Dover
Dumas
Earle
___
Elaine
England
England
_
Eudora
_
Eureka Springs
Evening Shade
Fordyce
Franklin
Glenwood
_ .
Gravette _
_
Gurdon
____
Hamburg
____
Hampton
Harrisburg
Hazen
Heber Springs
Hindsville
_____
Holly Grove
Horatio _
____
Jasoer
Judsonia
Junction City
Kingston
Lake City
.
Lake Village
___
Lavaca
____
Leachville
Lepanto
_ .
_
Leslie
__ _
Lincoln
_____

The Bank of Augusta.




Percentage
11.6
11.0
13.9
12.4
10.4
9.8
9.7
13.2
9.2
16.1
12.2
13.4
10.0
14.1
13.4
10.2
9.8
10.2
12.1
11.1
14.9
12.9
10.8
9.5
11.5
9.8
13.8
13.5
9.4
12.0
9.2
15.7
10.0
10.9
9.9
11.5
12.1
10.1
9.6
14.6
11.9
12.9
9.3
10.0
11.7
12.4
11.3
26.2
11.5
9.5
12.5
15.2
9.8
9.9

Forty-Second Report

23

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
LIABILITIES OF THE 182 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1956 IS 9.2%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank




Location
Little Rock
Little Rock _
Lockesburg
Lonoke _
Mammoth Spring
Manila Mansfield
Marianna _
Marvell
McGehee
. Melbourne
Monette _
Monticello
Monticello
Morrilton
Morrilton
Mt. Ida
Mountain View
Mulberry
Nettleton
Newark
New Edinburg _
Osceola
Paragould
Parkdale
Parkin _
Pea Ridge
Piggott
Plainview
Portland
Portland
Pottsville
Prairie Grove
Quitman
Rector
Rison
Russellville
Salem
Scranton
Searcy _
Searcv
Sheridan
Smackover
Smithville
Stamps
Star City
Strong
Tiliar
Trumann
_
TVronza
Van Buren
Waldo
Waldo
Warren

Percentage
_
_

_
_
_

_
_
____

_

_

_

___
. _
. __
. _
.
_
___
____
____
____

16.8
20.2
14.9
10.0
9.5
18.1
10.3
11.7
11.8
9.3
9.2
10.6
12.9
12.8
12.0
10.1
9.4
13.4
11.0
15.2
9.7
15.9
11.8
10.8
12.8
11.1
18.0
14.0
15.0
15.8
13.9
16.8
11.0
11.6
12.8
15.5
10.8
10.1
11.8
11.4
10.9
15.2
9.8
17.2
17.5
12.5
15.8
18.9
10.2
10.4
9.7
9.2
9.4
11.5

24

State of Arkansas: Bank Department

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
LIABILITIES OF THE 182 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 30, 1956 IS 9.2%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank

Location

Bank of West Memphis________________ West Memphis
Rice Growers Bank___________________ W heatley____
Wilmot State Bank____________________ Wilmot _____
Bank of Wilson_______________________ Wilson ______
Cross County Bank___________________ Wynne ______
The Bank of Yellville__________________ Y ellville_____




Percentage
12.1
12.7
13.2
18.9
11.3
14.5

25

Forty-Second. Report

FORTY-SECOND REPORT
of

STATEMENT OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OF JUNE 30, 1956
Cities and towns alphabetically arranged by postoffices
Population shown is that given by the 17th census of the United States 1950
COMMERCIAL BANK AT ALMA, ALMA
Population 1,228. Crawford County
Chartered January 31, 1910. Telephone Number 3441. Transit Number 81-272
Officers

Directors

W. E. Byars______________ President Margaret Adams
J. Fred Alexander__ Vice President C. M. Alexander
Margaret Adams___ •_________Cashier J. Fred Alexander
Hilda Knight__________Asst. Cashier E. Bradley

W. E. Byars
W. H. Cole
C. R. Starbird

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 378,225.99
U. S. Gov’t, obligations._ 571,000.00
Other bonds and
securities____________
82,368.48
Furniture and fixtures_
3,836.00
Banking house__________
6,000.00
Cash and due from banks 460,174.92
Other resources________
1,199.20

Total _________________ $1,502,804.59




Liabilities
Capital stock___________$
Surplus fund___________
Undivided profits_______
Reserves ______________
Total capital
accounts. _$ 113,741.93

25,000.00
25,000.00
62,917.08
824.85

Demand deposits________ 1,235,564.35
Time deposits__________
6,026.98
U. S. Gov’t, deposits____
40,398.98
Public funds___________
107,072.35
Total dep._.$1,389,062.66
Total _________________ $1,502,804.59

26

State of Arkansas: Bank Department

BANK OF AMITY, AMITY
Population 591.

Clark County

Chartered November 30, 1905. Telephone Number 13. Transit Number 81-287
Officers
G. W. Tolleson___________ President
Lyn Maxey___________ Vice President
Cleda Olds-----------------------------Cashier
Peggy Ann Thomasson.Asst. Cashier

Directors
John N. Francis
G. W. Tolleson
Lyn Maxey
Ed Yeargan
Cleda Olds

STATEMENT OF JUNE 30. 1956
Liabilities
Resources
Loans and discounts___ $ 694,517.38
Capital stock _
!£ 50,000.00
75,000.00
Overdrafts ____________
66.98 Surplus fund _
107,736.53
U. S. Gov’t, obligations_ 520,014.16 Undivided profits
7,000.00
Reserves _ _
Other bonds and
securities ___________
424,522.22 Total capital
accounts_$ 239,736.53
Furniture and fixtu res_
2,703.50
1.00
Banking house ________
1,178,245.20
Cash and due from banks 429,860.45 Demand deposits _
Time deposits _
_____ 605,508.95
Other resources__
1.00
8,442.64
U. S. Gov’t deposits___
39,753.37
Public funds
Total dep___ $1,831,950.16
Total

$2,071,686.69

Total

$2,071,686.69

ELK HORN BANK AND TRUST COMPANY, ARRADELPHIA
Population 6,819. Clark County
Chartered September 28, 1903. Telephone Number 7. Transit Number 81-133
Officers
J. H. I ookadoo____________President
A. C. Stone_________ Ex. Vice Pres.
A. J. Vestal_________Vice President
Clarence Hardin_____ Vice President
J. B. Wingfield_____ Vice President
C. C. Lookadoo______Vice President
V/. P. Jones, Jr_____________ Cashier
W. L. Stover__________Asst. Cashier

Directors
Farrar Newberry
John N. Francis
A. C. Stone
Clarence Hardin
J. P. Sturgis
W. P. Jones, Jr.
A. J. Vestal
C. C. Lookadoo
J. B. Wingfield
J. H. Lookadoo
G. W. Lookadoo

STATEMENT OF
Resources
Loans and discounts__ $2,067,840.94
Overdrafts_____________
1,345.71
U. S. Gov’t, obligations _ 1,230,875.19
Other bonds and
securities____________
327,670.00
Furniture and fixtures_
40,278.24
Banking h o u se _________
120,415.67
Other real e s ta te _____
900.00
Cash and due from banks
965,416.29
Other resou rces________
1,325.62

JUNE 30. 1956
Liabilities
Capital stock ___________ $ 100,000.00
Surplus fund __________
100,000.00
Undivided p r o fit s _______ 137,276.45
Total capital
accounts__$ 337,276.45

Total



$4,756,067.66

Demand deposits________ 2,194,511.56
Time deposits _________ 1,670,956.68
U. S. Gov’t, deposits__
33,512.65
Public fu n d s ___________
489,810.32
Deposits of ban k s______
30,000.00
Total dep._$4,418,791.21
Total

$4,756,067.66

Forty-Second Report

27

MERCHANTS AND PLANTERS BANK AND TRUST COMPANY,
ARKADELPHIA
Population 6,819.
Chartered June 15, 1911.

Clark County

Telephone Number 291.

Officers
James C. Hobgood________President
H. Grady Elms______Vice President
Jett Black_____ Vice Pres. & Cashier
Lottie Watson_________ Asst. Cashier
Catherine Condray_____Asst. Cashier
Esteleen Cash_________ Asst. Cashier
Roy G. G reen ________ Asst. Cashier

Transit Number 81-469

Directors
James C. Hobgood
Jett Black
J. W. Hutchison
Chas. G. Clark
D. W. McMillan
J. H. Crawford
Robt. C. Rhodes
H. G. Elms
Ralph Williams
A1 D. Gross

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,005,491.45
U. S. Gov’t, obligations_ 429,500.00
Other bonds and
securities____________ 337,413.71
Furniture and fixtures._
23,042.24
Banking h ou se__________ 44,650.00
Other real e s ta te ______
1.00
Cash and due from banks 358,443.96
1.00
Other resources________

T o ta l__________________ $2,198,543.36

Liabilities
Capital s t o c k __________$ 100,000.00
Surplus fund __________
90,000.00
Undivided p r o fit s _____
45,472.31
Reserves ______________
6,555.31
Total capital
accounts_$ 242,027.62
Demand deposits________ 1,100,612.01
Time deposits _________ 628,036.27
58,848.86
U. S. Gov’t deposits___
Public fu n d s ___________
169,018.60
Total dep. __$1,956,515.74
T ota l__________________ $2,198,543.36

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
Horace Martin_______Vice President
Odessa Estes__________Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 132,315.58
U. S. Gov’t, obligations_ 200,000.00
Furniture and fixtures_
1.00
Banking h ou se_________
1.00
Cash and due from banks 153,549.48

Liabilities
Capital stock _
$
Surplus fund _
Undivided profits
Total capital
accounts_$ 66,750.46
Demand deposits
Time d ep osits_
U. S. Gov't deposits___
Public funds _ _
Total dep. __$ 419,116.60

Total



$ 485,867.06

Total

25,000.00
20,000.00
21,750.46

337,629.34
60,212.87
4,500.00
16,774.39

$ 485,867.06

28

State of Arkansas: Bank Department

BANK OF ATKINS, ATKINS
Population 1,291.

Pope County

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

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 135,798.14
Overdrafts_____________
256.75
U. S. Gov’t, obligations_ 485,000.00
Other bonds and
securities____________
8,173.31
Furniture and fixtures_
1,889.41
1,252.81
Banking h o u se _________
Cash and due from banks 179,958.02

T o ta l__________________ $ 812,328.44

Liabilities
Capital stock__________$
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 100,552.95

30,000.00
15,000.00
55,552.95

Demand deposits________
U. S. Gov’t, deposits___
Public fu n d s ___________
Total dep. __ 711,775.49

648,270.31
12,393.79
51,111.39

T o ta l__________________ $ 812,328.44

THE BANK OF AUGUSTA, AUGUSTA
Population 2,317.
Chartered February 20, 1935.

Woodruff County

Telephone Number 1.

Officers
George L. Beard_________ President
R. E. Gregory________Vice President
W. T. Mills, Jr_____________ Cashier
Kennady Sale_________Asst. Cashier

Transit Number 81-718

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,232,660.79
Overdrafts_____________
2,095.15
U. S. Gov’t, obligations_ 267,259.25
Other bonds and
securities____________ 442,464.87
Furniture and fixtures_
2,439.95
Banking h ou se _________
1,980.00
Cash and due from banks 466,782.45
Other resources________
1,045.98

Liabilities
Capital s t o c k __________$ 75,000.00
Surplus f u n d __________
75,000.00
Undivided p r o fit s ______ 100,715.34
Total capital
accounts—$ 250,715.34

T o t a l___________________ $2,416,728.44

T o t a l___________________ $2,416,728.44




Demand deposits_______ 1,677,198.73
Time d ep osits_________ 201,344.91
U. S. Gov’t, deposits___
33,175.07
Public fu n d s ___________
242,833.46
Total dep. __$2,154,552.17
Other liabilities _______
11,460.93

Forty-Second Report

29

CITIZENS STATE BANK, BALD KNOB
Population 2,022.
Chartered January 22, 1931.

White County

Telephone Number 14.

Officers

Transit Number 81-673
Directors

E. D. Williams_President & Cashier
T. W. Leggett--------- Vice President
H. A. Whitley_______ Vice President
Mrs. W. S. Hall_______ Asst. Cashier
David O. Ramey______ Asst. Cashier

W. H. Collison
Jennings Leggett

E. D. Williams
H. A. Whitley

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

Loans and discounts____ $ 176,425.18
U. S. Gov’t obligations_ 1,016,656.25
Other bonds and
securities_______
43,045.75
1,000.00
Furniture and fixtures___
Banking hou se____
5,500.00
Cash and due from banks 423,174.64

Capital stock __________$
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts _$ 162,604.26

50,000.00
50,000.00
12,604.26
50,000.00

Demand deposits_______ 1,326,775.71
U. S. Gov t, deposits___
9,257.40
Public fu n d s ___________
132,796.95
Deposits of banks_______
34,367.50
Total d e p ._$1,503,197.56
Total

$1,665,801.82

Total

$1,665,801.82

THE CITIZENS BANK, BATESVILLE
Population 6,414. Independence County
Chartered February 19, 1953. Telephone Number 1412. Transit Number 81-773
Officers

Directors

J. K. Southerland__________President
Marvin E. Phelps__ Exec. Vice Pres.
S. M. Bone___________Vice President
M. A. Conyers______________ Cashier
Marean Pearson______ Asst. Cashier
Edna Morgan_________ Asst. Cashier

S. M. Bone
John Moody
M. E. Phelps

J. K. Southerland
Eagle Street
N. K. Sims

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

Doans and discounts___ $
Overdrafts-_____________
U. S. Gov’t, obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking hou se_________
Cash and due from banks
Other resources________

Total



862,607.54
23.13
265,512.50
154,012.65
20,904.96
52,391.97
570,412.32
64.01

$1,925,929.08

Capital stock__________$
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 187,151.85

100,000.00

50,000.00
37,151.85

Demand deposits_______ 1,141,859.81
Time deposits _________ 284,075.37
U. S. Gov’t, deposits___
28,128.05
Public fu n d s ___________
137,264.40
Deposits of b a n k s ____
147,449.60
Total dep. _ ,$1,738,777.23
Total

$1,925,929.08

30

State of Arkansas: Bank Department

THE CITIZENS BANK, BEARDEN
Population 1,300.
Chartered June 17, 1945.

Ouachita County

Telephone Number 129.

Officers
Garland Anthony_________ President
J. W. Gossett________ Vice President
R. W. Launius_______ Vice President
Hugh Thompson____________Cashier
T. E. Evans___________ Asst. Cashier

Transit Number 81-749

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts_____________
U. S. Gov’t, obligations_
Other bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

Total

479,112.75
53.30
259,968.75
171,061.60
3,986.94
548,054.80

$1,462,238.14

Liabilities
Capital stock __________$
Surplus f u n d __________
Undivided p rofits---------Total capital
accounts_$
86,096.96

25,000.00
40,000.00
21,096.96

Demand deposits_______ 1,210,242.31
U. S. Gov’t, deposits___
1,443.03
Public fu n d s ___________
164,455.84
Total dep. __$1,376,141.18
Total

$1,462,238.14

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

White County

Tel. No. TAylor 8-5471.

Officers
E. H. Abington___________ President
J. R. Sloan___________ Vice President
T. E. A bin gton ____________Cashier
Anna Boardman______ Asst. Cashier

Transit Number 81-588

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 520,501.02
Overdrafts_____________
220.77
U. S. Gov’t, obligations—
74,545.13
Other bonds and
securities____________
10,000.00
Furniture and fixtures_
1.00
Banking h o u se _________
1.00
Other real e s ta te _____
4,488.06
Cash and due from banks 178,910.34
Other resources________
1,605.70

Liabilities
Capital stock _
$
Surplus fund _
_ _ _
Undivided p r o fit s __ ___
Reserves
Total capital
accounts _$ 104,514.25

T ota l__________________ $ 790,273.02

Total




Demand deposits _ _ _
Public fu n d s _
__
Total dep. __$ 685,758.77

25.000. 00
25.000. 00
14,514.2,5
40.000. 00

561,998.65
123,760.12-

$ 790,273.02:

Forty-Second Report

31

BENTON STATE BANK, BENTON
Population 6,277.

Saline County

Chartered February 9, 1934. Tel. No. SPring 8-2591. Transit Number 81-711
Officers
W. R. Alsobrook___________ President
W. A. Springer______ Vice President
B. J. Ford____________Vice President
Van H. Wright_________Asst. Cashier
Carl Wright_________ Asst. Cashier

Directors
Dr. H. B. Alsobrook W. A. Springer
D. J. Stirman
W. R. Alsobrook
L. B. White
Clyde E. Fish
B. J. Ford
Van H. Wright
H. J. Gingles

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $2,288,984.69
U. S. Gov’t, obligations_ 2,665,255.13
Other bonds and
securities ___________
789,238.01
Furniture and fixtures_
37,782.52
Banking hou se_________
3,925.07
Cash and due from banks 1,865,128.53
Other resources________
879.92

Liabilities
Capital s t o c k _________ $ 300,000.00
Surplus f u n d __________$ 300,000.00
Undivided p r o fit s ______
55,031.73
7,390.87
Reserves ______________
Total capital
accounts _$ 662,422.60
Demand deposits_______ 3,752,809.91
Time deposits _________ 2,266,188.85
U. S. Gov’t, deposits___
202,063.33
Public fu n d s ___________ 575,871.58
Deposits of banks_______ 139,500.00
Total d e p ._$6,936,433.67
Other liabilities________

Total

$7,651,193.87

52,337.60

T o ta l__________________ $7,651,193.87

THE UNION BANK OF BENTON, BENTON
Population 6,277. Saline County
Chartered January 11, 1954. Tel. No. SPring 8-4111. Transit Number 81-774
Officers
Directors
J. W. Lewellen____________President Henry Brown
J. W. Lewellen
T. H. Duke__________Vice President T. H. Duke
Wade Mallett
Ralph Neaville____________ Cashier Henry Finkbeiner I. E. McCray, Sr.
Clarice Lovelace_______Asst. Cashier
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t, obligations-_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se _________
Cash and due from banks
Other resources________

Total



478,465.01
247,513.04
318,925.00
20,591.32
3,071.37
800,416.76
750.00

$1,869,732.50

Liabilities
Capital s t o c k __________$ 100,000.00
Surplus fund __________
50,000.00
Undivided p r o fit s _____
22,067.67
Total capital
accounts_$ 172,067.67
Demand deposits_______ 1,023,651.32
Time deposits _________ 485,251.40
U. S. Gov’t deposits___
956.25
Public fu n d s ___________
187,805.86
Total dep. __$1,697,664.83
Total

$1,869,732.50

State of Arkansas: Bank Department

32

BANK OF BENTONVILLE, BENTONVILLE
Population 2,942.

Benton County

Chartered February 25, 1931. Telephone Number 149. Transit Number 81-701
Officers
John D. Wright___________ President
Paul Hall____________ Vice President
Fred Douglas________ Vice President
& Cashier
Orie Lee Craig_______ Asst. Cashier
V. C. Rife, Jr_______ Asst. Cashier

Fred Douglas
W. H. Enfield
Melvin Hall

Directors
Paul Hall
Carl Hutchens
John D. Wright

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,436,485.46
U. S. Gov’t obligations_ 771,982.19
Other bonds and
securities____________
369,959.61
Furniture and fixtures. _
13,385.34
Banking h ou se _________
5,500.00
Other real e s ta te _____
1.00
Cash and due from banks 733,581.77
244.58
Other resources________

$3,331,139.95

Total

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s --------Total capital
accounts_$ 238,469.04

70,000.00
70,000.00
98,469.04

Demand deposits________ 2,211,122.48
Time deposits _________
520,457.28
U. S. Gov’t deposits___
27,545.01
308,546.14
Public fu n d s ___________
Deposits of ban k s______
25,000.00
Total dep. _.$3,092,670.91
Total

$3,331,139.95

BANK OF BLEVINS, BLEVINS
Population 271.

Hempstead County

Chartered August 12, 1912. Telephone Number 2274.
Officers
Herbert M. Stephens
P. C. Stephens
_ _

President
. Cashier

Transit Number 81-518

Directors
Harold M. Stephens
P. C. Stephens
Herbert M. Stephens

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 91,064.65
U. S. Gov’t obligations_ 110,700.00
Other bonds and
19,366.00
securities _
2,582.00
Furniture and fixtures_
1.00
Banking house
__ ____
Cash and due from banks 145,886.30
Other resources __
160.00

Total _

.




$ 369,759.95

Liabilities
Capital stock
$
Surplus fund _
Undivided profits
Reserves _
Total capital
accounts_$ 59,696.82
Demand deposits __ __
_____
Time deposits
U. S. Gov’t deposits___
Public funds _
Total dep. __$ 310,063.13
Total

25,000.00
25,000.00
9,447.97
248.85

242,295.79
33,860.00
8,656.25
25,251.09

_ $ 369,759.95

Forty-Second Report

33

FARMERS BANK AND TRUST COMPANY, BLYTHEYILLE
Population 16,234. Mississippi County
Chartered March 16, 1908. Tel. No. POplar 3-8101.
Transit Number 81-105
B.
R.
F.
R.
L.
B.
R.
H.

Officers
A. Lynch_______________ President
A. Porter_________ Vice President
E. Warren________ Vice President
L. Banister_______________ Cashier
A. Crowe__________Asst. Cashier
D. Grimes__________ Asst. Cashier
G. Cox_____________ Asst. Cashier
N. Whitis__________ Asst. Cashier

STATEMENT OF
Resources
Loans and discounts__ $ 5,265,737.83
Overdrafts ___________
2,888.27
U. S. Gov’t obligations. 3,250,125.00
Other bonds and
securities___________
321,121.83
Furniture and fixtures.
22,460.00
Banking h ou se________
45,000.00
Cash and due from banks 1,426,807.99
Other resources _______
36,014.97

Directors
J. L. Cherry
R.
C. A. Cunningham
B.
F.
I. R. Johnson
Chas. C. Langston
L.
B. A. Lynch

A. Porter
S. Simmons
E. Warren
H. Welch

JUNE 30, 1956
Liabilities
Capital s t o c k _________$
Surplus f u n d _________
Undivided p r o fit s _____
Reserves _____________
Total capital
accounts_$l,228,332.22

200,000.00
800,000.00
180,648.15
47,684.07

Demand deposits______ 5,879,324.83
Time deposits ________ 2,085,351.59
U. S. Gov’t deposits__
108,868.60
Public fu n d s __________
957,212.45
Deposits of b a n k s____
83,861.66
Total dep._$9,114,619.13
Other liabilities_______

Total

$10,370,155.89

Total

27,204.54
$10,370,155.89

CITIZENS BANK, BOONEVILLE
Population 2,433. Logan County
Chartered April 18, 1910.
Telephone Number 274.
Transit Number 81-195
Officers
Long John Williams---------- President
& Cashier
Abe Williams________Vice President
Geo. R. Edwards_______Asst. Cashier

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

STATEMENT OF
Resources
Loans and discounts___ $ 516,320.68
Overdrafts_____________
1,030.69
U. S. Gov’t obligations— 1,136,000.00
Other bonds and
securities____________
981.00
Furniture and fixtures—
500.00
3,000.00
Banking h ou se------------Other real e s ta te ______
4.00
Cash and due from banks 475,861.75

JUNE 30. 1956
Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 193,204.46

Total



$2,133,698.12

50,000.00
50,000.00
93,204.46

Demand deposits_______ 1,807,963.47
U. S. Gov’t deposits___
3,128.23
Public fu n d s ___________
129,401.96
Total d e p ._$1,940,493.66
Total

$2,133,698.12

34

State of Arkansas: Bank Department

THE BANK OF BRADLEY, BRADLEY
Population 444.
Chartered April 10, 1933.

Lafayette County

Telephone Number 2351.

Transit Number 81-513

Officers
J. B. Edwards____________President
Margaret R. Meek___ Vice President
J. W. Meek-------------------------- Cashier
J. W. Meek, Jr_________ Asst. Cashier

Directors
J. B. Edwards
J. W. Meek
L. B. Hamner
Margaret R. Meek

STATEMENT OF
Resources
Loans and discounts----- $ 329,982.53
Overdrafts_____________
143.70
U. S. Gov’t obligations_ 220,000.00
Other bonds and
securities____________
36,700.00
Furniture and fixtures_
3,908.69
Banking h o u se _________
200.00
Other real e s ta te _____
3.00
Cash and due from banks 165,354.68

JUNE 30, 1956
Liabilities
Capital s t o c k __________
Surplus fund --------------Undivided p r o fits ______
Total capital
accounts_$ 101,776.16

.$ 756,292.60

Total

Demand deposits_______
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep.
654,516.44
Total

25.000. 00
25.000. 00
51,776.16

511,311.06
4,143.75
139,061.63

.$ 756,292.60

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

Monroe County

Telephone Number 31.

Transit Number 81-191

Officers
Directors
A. Rusher__________________ President Frank Andrews
E. D. McKnight
John F. Cole____ Exec. Vice President John F. Cole
A. Rusher
Frank Andrews------------Vice President L. C. Dial
James B. Sharp
R. H. Midkiff________________ Cashier
Joe J. Roberts_________Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $1,142,109.28
U. S. Gov’t obligations_ 914,333.33
Other bonds and
securities____________ 365,649.17
Furniture and fixtures_
24,616.34
Banking h ou se _________
33,750.00
Cash and due from banks 592,765.74
Other resources________
1,836.08

JUNE 30. 1956
Liabilities
Capital s t o c k __________ $ 50,000.00
100,000.00
Surplus f u n d __________
Undivided p r o fit s ______
82,045.23
Reserves ______________
1,229.00
Total capital
accounts_$ 233,274.23
Demand deposits_______ 2,030,301.24
Time deposits _________ 477,916.25
U. S. Gov’t deposits___
33,791.47
Public fu n d s ___________
299,405.11
Total dep. __$2,841,414.07
Other liabilities________

Total



$3,075,059.94

Total

371.64
$3,075,059.94

35

Forty-Second Report

BANK OF CABOT, CABOT
Population 1,147. Lonoke County
Chartered March 23, 1903.
Telephone Number 19.
Transit Number 81-304
Officers
Fred B. Garlington________ President
Mrs. Marvin Park____Vice President
& Cashier
Mrs. Cecil T. Owen____ Asst. Cashier
Mrs. Frances E. Rea___Asst. Cashier
Mrs. Murrell D. Vise____Asst. Cashier
James M. Park________ Asst. Cashier

Directors
J. C. Alexander
Mrs. Marvin Park
W. T. Barnwell
Lewis T. See
F. B. Garlington J. D. Wood
J. W. Lowman

STATEMENT OF
Resources
Loans and discounts___ $1,119,122.65
Overdrafts ____________
265.83
U. S. Gov’t obligations_ 353,503.00
Other bonds and
securities____________
92,950.00
Furniture and fixtures-_
1,501.00
Banking h ou se_________
15,000.00
Other real e s ta te ______
1.00
Cash and due from banks 522,252.26

JUNE 30. 1956
Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 218,802.78

Total

$2,104,595.74

50,000.00
50,000.00
97,217.37
21,585.41

Demand deposits_______ 1,484,467.25
Time deposits _________ 313,657.01
31,908.26
U. S. Gov’t deposits___
Public fu n d s ___________
55,760.44
Total d ep ._$1,885,792.96
Total

$2,104,595.74

STATE BANK OF CALICO ROCK, CALICO ROCK
Population 963. Izard County
Chartered May 1, 1914.
Telephone Number 4.
Transit Number 81-305
Officers
S. E. McNeill____________ President
Noel J. Copp__________Vice President
E. C. Rodman_______________ Cashier
Boyce Hicks___________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts__ _$ 286,178.43
1,510.52
Overdrafts _
U. S. Gov’t obligations- _ 808,900.00
Other bonds and
8,000.00
securities_
1.00
Furniture and fixtures1.00
Banking house _
3.00
Other real estate
Cash and due from banks 299,327.85
1,361.00
Other resources _ _ _
T o ta l__ __

_

— ----- $1,405,282.80




Noel J. Copp
S. E. McNeill

Directors
E. C. Rodman
Gulley R. Seay

JUNE 30, 1956
Liabilities
Capital stock _
$
Surplus fund _
Undivided profits _
Total capital
accounts_$ 114,072.29

25,000.00
75,000.00
14,072.29

Demand deposits
1,269,517.80
Time deposits________
4,347.30
Public funds
... ..
17,345.41
Total dep. —$1,291,210.51
T o ta l____

_

____

_$1,405,282.80

36

State of Arkansas: Bank Department

THE MERCHANTS AND PLANTERS BANK, CAMDEN
Population 11,372. Ouachita County
Chartered March 4, 1931. Telephone Number 6-2930. Transit Number 81-96
C.
H.
J.
E.

Officers
I. Grayson_____________ President
T. Patton__________Vice President
W. Coan_________________ Cashier
L. Harrison_________Asst. Cashier

STATEMENT OF
Resources
Loans and discounts___ $1,066,800.99
U. S. Gov’t obligations_ 1,751,552.39
Other bonds and
securities____________ 1,581,329.45
1.00
Furniture and fixtures_
Cash and due from banks 1,697,873.21
Other resources________
1.00

Total

$6,097,558.04

Directors
E. L. Harrison
Mike Berg
H. T. Patton
J. W. Coan
E. W. Copeland
John C. Watts
C. I. Grayson
P. W. Wooldridge
JUNE 30, 1956
Liabilities
5
Capital stock
i|
Surplus fund
_ _
Undivided profits
_ _
Reserves
Total capital
accounts_$ 568,667.48

100,000.00
50,000.00
318,667.48
100,000.00

Demand deposits
__ 4,308,312.74
604,181.86
Time deposits
77,500.59
U. S. Gov’t deposits___
531,399.78
Public funds
7,495.59
Deposits of banks
Total d e p ._$5,528,890.56
Total

$6,097,558.04

CITIZENS BANK, CARLISLE
Population 1,396. Lonoke County
Chartered December 22, 1930. Telephone Number 2111. Transit Number 81-689
Officers
H. Hunt_______________ President
W. Harper__Exec. Vice President
& Cashier
Mary Burnett__________Asst. Cashier
M. S. Woodruff_______Asst. Cashier

A.
C.

STATEMENT OF
Resources
Loans and discounts----- $ 762,825.61
U. S. Gov’t obligations_ 587,500.00
Other bonds and
securities____________
215,906.00
Furniture and fixtures—
6,183.60
Banking h ou se_________
14,500.00
Cash and due from banks 423,935.05

Directors
A. W. Birdsong
E. L. Morris
F. E. Downs, Jr.
F.
M.Perkins
C. W. Harper
H.
L.Perkins
A. H. Hunt
JUNE 30, 1956
Liabilities
Capital s t o c k --------------- $
Surplus f u n d __________
Undivided p r o fit s ______
Reserves --------------------Total capital
accounts_$ 176,450.51

50,000.00
25,000.00
96,450.51
5,000.00

Demand deposits---------- 1,673,530.57
U. S. Gov’t deposits___
57,521.13
Public fu n d s ___________
92,379.95
Total dep. —$1,823,431.65
Other liabilities________
Total



$2,010,850.26

Total

10,968.10
$2,010,850.26

Forty-Second Report

37

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

Sharp County

Telephone Number 2311.

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

Transit Number 81-310

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts
U. S. Gov’t obligations_
Other bonds and
securities
Furniture and fixtures_
Banking house
Cash and due from banks

T o ta l_

360,058.24
91.60
206,000.00
103,053.50
1,000.00
3,000.00
152,347.17

$ 825,550.51

Liabilities
Capital s t o c k __________ $
Surplus fund
Undivided profits _ _
Total capital
accounts-_$ 73,825.08

25,000.00
25,000.00
23,825.08

Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. __$ 751,725.43

555,068.63
133,223.22
6,681.25
56,752.33

Total

825,550.51

__ $

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

Franklin County

Telephone Number 14.

Officers
Clyde Hiatt_______________ President
B. H. McDonald____ Vice President
H. E. Shumate______________ Cashier
Theo M. Classen_______Asst. Cashier

Transit Number 81-268

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations-_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

Total



616,700.26
3,068.34
334,700.00
165,816.03
1.00
2,601.00
349,370.97
1.00

$1,472,258.60

Liabilities
Capital s t o c k __________$ 25,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______ 132,407.02
Total capital
accounts_$ 207,407.02
Demand deposits_______ 1,010,078.10
Time deposits _________
178,759.65
U. S. Gov’t deposits___
14,281.88
Public fu n d s ___________
61,731.95
Total d e p ._$1,264,851.58
Total

$1,472,258.60

38

State of Arkansas: Bank Department

BANK OF CHERRY VALLEY, CHERRY VALLEY
Population 521.

Cross County

Chartered January 24, 1907. Telephone Number 2391. Transit Number 81-313
Officers

Directors

W. Maurice Smith_________ President
W. Maurice Smith, Jr._Vice President
H. H. Beasley________Vice President
& Cashier
J. R. Cavin____________ Asst. Cashier

H. H. Beasley H. P. Maddox, Sr.
Millard Carter W. Maurice Smith
R. L. Ellis
W. Maurice Smith, Jr.

STATEMENT OF
Resources
Loans and discounts----- $ 583,557.63
U. S. Gov’t obligations_ 150,000.00
693.92
Furniture and fixtures_
1.00
__
Banking house
Cash and due from banks 171,713,63
Other resources_______
862.50

JUNE 30, 1956
Liabilities
Capital s t o c k _____
$
Surplus fund
Undivided profits _
Total capital
accounts_$ 121,806.74

T o ta l________

____ ___$ 906,828.68

Demand deposits__
U. S. Gov’t deposits___
Public funds
Total dep.
785,021.94
T ota l_

25,000.00
25,000.00
71,806.74

707,632.29
8,238.92
69,150.73

$ 906,828.68

BANK OF CHIDESTER, CHIDESTER
Population 425.

Ouachita County

Chartered April 29, 1909. Telephone Number OV 5-2261. Transit Number 81-314
Officers
W. G. Rushing____________ President
C. B. Clingan------------- Vice President
Thos. H. Benton_____ Vice President
Mrs. Lee A. Purifoy_________ Cashier
Mrs. Mary G. Wylie___Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Liabilities
Loans and discounts___ $ 74,517.25 Capital s t o c k __________$ 25,000.00
5,000.00
Overdrafts ____________
128.52 Surplus fu n d ----------------10,505.02
U. S. Gov’t obligations_ 191,000.00 Undivided p r o fit s _____
Other bonds and
Total capital
accounts-_$ 40,505.02
securities____________
14,847.90
Furniture and fixtures_
800.00
Banking h ou se_________
1.00 Demand deposits_______ 299,896.56
8,900.00
Cash and due from banks 112,747.89 Time deposits _________
6,111.50
Other resources________
2,139.80 U. S. Gov’t deposits___
Public fu n d s ___________
40,769.28
Total dep.
$ 355,677.34
Resources

T o ta l___________________ $ 396,182.36



T o t a l___________________ $ 396,182.36

39

Forty-Second Report

THE MERCHANTS AND PLANTERS RANK, CLARENDON
Population 2,547.
Chartered July 23, 1890.

Monroe County

Telephone Number 18.

Officers
S. J. Dean------------------------President
Ross Reynolds------------ Vice President
M. L. Dickerson_____________ Cashier
Dorothy D. Palmer____Asst. Cashier
Pat McKay___________ Asst. Cashier

Transit Number 81-164

Directors
H. B. Bateman Dorothy D. Palmer
S. J. Dean
Ross Reynolds
M. L. Dickerson

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

961,410.96
215.11
142,512.50
351,687.29
13,270.41
381,036.92

T ota l__________________ $1,850,133.19

Liabilities
Capital stock _ ______ $ 100,000.00
75,000.00
Surplus fund
------6,193.78
Undivided p r o fit s __ ___
1,000.00
Reserves __________ ____
Total capital
accounts_$ 182,193.78
1,184,323.62
Demand deposits
189,309.08
Time deposits
Public funds ____
294,306.71
Total d e p ._$1,850,133.19
Total ___

___ ______ $1,850,133.19

CLINTON STATE BANK, CLINTON
Population 853. Van Buren County
Chartered October 16, 1946. Telephone Number 131. Transit Number 81-758
Officers
Howard Johnson__________ President
C. M. Horton_________Vice President
Garner M. Johnson__________Cashier
Joe G. Fraser_________ Asst. Cashier
Dois G. Johnson______ Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

675,657.82
763,995.47
164,292.42
7,000.00
6,000.00
226,497.25

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 188,318.37

50,000.00
50,000.00
78,318.37
10,000.00

Demand deposits_______ 1,537,468.60
U. S. Gov’t deposits___
17,337.40
Public fu n d s ___________
100,318.59
Total dep. __$1,655,124.59
Total



$1,843,442.96

Total

$1,843,442.96

40

State of Arkansas: Bank Department

FIRST STATE BANK, CONWAY
Population 8,610. Faulkner County
Chartered February 8, 1946. Telephone Number 390. Transit Number 81-754
Officers
Directors
W. D. Ketcheside____________President J. R. Edwards
W. D. Ketcheside
Thos. G. Wilson_Exec. Vice President Edw. A. Halter
J. R. Ott
Rogers C. Moore______________Cashier W. E. Jumper
Thos. G. Wilson
Jane Thomas_________ Asst. Cashier
Pat Lea______________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 894,367.29
U. S. Gov’t obligations_ 1,405,007.31
Other bonds and
securities____________
930,160.16
Furniture and fixtures_
14,827.27
Banking h ou se _________
9,184.00
Cash and due from banks 705,219.06
25,932.99
Other resources________

Total

$3,984,698.08

JUNE 30. 1956
Liabilities
Capital stock
_ _ ! j 5 60,000.00
80,000.00
Surplus fund
106,082.40
Undivided profits _
26,399.00
Reserves Total capital
accounts_$ 272,481.40
Demand deposits _ _ _ _ 2,597,512.78
Time deposits
577,295.97
46,422.45
U. S. Gov’t deposits___
Public funds
____ 488,982.85
Deposits of banks
2,002.63
Total dep. __$3,712,216.68
Total

$3,984,698.08

THE CORNING BANK, CORNING
Population 2,045. Clay County
Chartered January 29, 1931. Telephone No. UL 5-3261. Transit Number 81-211
Officers
Sam L. Manatt____________ President
Mrs. Sam L. Manatt__ Vice President
F. B. Manatt________ Vice President
Sam L. Manatt, Jr___ Vice President
& Cashier
Edith G. Toalson_____ Asst. Cashier
Clarence E. Headley, Jr._Asst. Cashier

Directors
John O. Black
Sam L. Manatt
L. G. Black
Sam L. Manatt, Jr.
M. G. Hoffman Mrs. Sam L. Manatt
F. B. Manatt

STATEMENT OF
Resources
Loans and discounts___ $1,490,558.52
U. S. Gov’t obligations_ 612,731.75
Other bonds and
securities____________
43,452.87
Furniture and .fixtures_
10,813.57
Banking h ou se _________
13,975.89
Cash and due from banks 891,166.19

JUNE 30. 1956
Liabilities
Capital s t o c k __________$ 100,000.00
Surplus f u n d __________
75,000.00
Undivided p r o fit s ______
72,644.40
Total capital
accounts_$ 247,644.40

Total



$3,062,698.79

Demand deposits_______ 2,346,525.63
Time d ep osits_________ 325,140.55
U. S. Gov’t deposits___
12,810.29
Public fu n d s ___________
130,577.92
Total dep. __$2,815,054.39
Total

$3,062,698.79

41

Forty-Second Report

BANK OF CROSSETT, CROSSETT
Population 4,619. Ashley County
Chartered December 22, 1913. Tel. No. FOrest 4-4163. Transit Number 81-321
Officers
Wm. C. Norman___________ President
J. Ben Posey________________ Cashier
C. E. Hannum________ Asst. Cashier
J. N. Lovett__________ Asst. Cashier

Directors
John C. Carpenter Wm. C. Norman
Roy Dooley
J. Ben Posey
J. T. Erwin
S. V. Sihvonen
A. F. Johnson
P. F. Watzek
A. T. McDonough S. A. Wilcoxon, Sr.

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Capital s t o c k __________$ 100,000.00
Loans and discounts___ $1,077,875.06
n v p p H T flft c
7 9K
Surplus f u n d __________ 250,000.00
Undivided p r o fit s ______ 116,684.81
U. S. Gov’t obligations!I 3,447,39L08
Other bonds and
Reserves ________________
24,700.72
securities____________ 634,497.77 Total capital
Furniture and fixtures_
50,968.51
accounts._$ 491,385.53
Banking h ou se_________
92,343.73
Other real estate_______
7,200.00 Demand deposits_______ 3,964,909.07
Cash and due from banks 1,048,904.96 Time deposits _________ 1,340,477.53
U. S. Gov’t deposits___
111,192.40
Public fu n d s ___________ 385,624.83
Total d e p ._$5,802,203.83
Other liabilities________
Total

$6,359,188.36

65,599.00

T o ta l__________________ $6,359,188.36

DANVILLE STATE BANK, DANVILLE
Population 829. Yell County
Chartered October 3, 1930.
Telephone Number 36.
Transit Number 81-700
Officers
John Ed Chambers_______ President
Neil Sims____________Vice President
Jim Bill Gatlin______________ Cashier
Selma C. Gatlin_______ Asst. Cashier
J. F. Nunn___________ Asst. Cashier

Directors
H. W. Burnham
J. E. Chambers
John Ed Chambers
Jim Bill Gatlin

STATEMENT OF
Resources
Loans and discounts___ $ 500,585.93
U. S. Gov’t obligations_ 560,241.38
Other bonds and
securities____________
44,096.28
Furniture and fixtures_
901.00
Banking h ou se_________
4,000.00
Cash and due from banks 176,098.07
Other resources________
1.00

JUNE 30, 1956
Liabilities
Capital s t o c k __________!
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 155,771.02
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. —$1,130,147.14
Other liabilities

Total



$1,285,923.66

J. W. Hall
Joe Ray
Neil Sims

Total

35.000. 00
40.000. 00
80,771.02

904,394.26
45,932.73
3,964.48
175,855.67
5.50

$1,285,923.66

42

State of Arkansas: Bank Department

BANK OF DARDANELLE. DARDANELLE
Population 1,772.

Yell County

Chartered September 12, 1934. Telephone Number 28. Transit Number 81-599
Officers
J. C. Woodson____________ President
Robert L. Holland___________Cashier
Mrs. Arminta M. Jones_Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 685,698.41
Overdrafts ____________
142.86
U. S. Gov’t obligations_ 522,658.00
Other bonds and
securities____________
3,420.28
Furiyture and fixtures. _
4,000.00
Banking h ou se_________
5,000.00
Cash and due from banks 216,406.10
Other resources________
449.02

Total

$1,437,774.67

Liabilities
Capital s t o c k _________$
Surplus f u n d ______ —
Undivided p r o fit s _____
Total capital
accounts_$ 127,293.58
Demand deposits
_____
Time deposits
---------U. S. Gov’t deposits___
__ —
Public funds
Total d e p ._$1,310,481.09
Total

50,000.00
25,000.00
52,293.58

953,268.37
242,842.37
20,453.83
93,916.52

$1,437,774.67

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

Benton County

Telephone Number 103.

Officers
I. N. Hepner______________President
Edgar T. Parker. Exec. Vice President
C. T. Edmiston______________ Cashier

Transit Number 81-775

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 304,842.75
Overdrafts ____________
1.38
U. S. Gov’t obligations_ 249,700.00
Other bonds and
securities____________
6,720.00
Furniture and fixtures_
7,000.00
Cash and due from banks 324,599.81
Other resources________
1.00

Total



$ 892,864.94

Liabilities
_$
Capital s t o c k _____
Surplus fund
. . .
Undivided profits _
R e se rv e s _ _ ___ __
Total capital
accounts_$ 79,818.84
Demand deposits
— _
U. S. Gov't deposits___
Public funds __________
Total d e p ._$ 813,046.10
Total

40,000.00
20,000.00
13,318.84
6,500.00

763,322.47
11,512.34
88,211.29

$ 892,864.94

43

Forty-Second Report

BANK OF DELIGHT, DELIGHT
Population 574. Pike County
Chartered June 16, 1911. Telephone Number 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. Johnson, Jr.
D. C. Humphry
C. E. Reid

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 213,908.27
Overdrafts ____
70.95
U. S. Gov’t obligations._ 206,157.50
Other bonds and
securities_
_____
34,433.80
Furniture and fixtures_
194.42
Banking h ou se_________
1.00
Other real e s ta te __ ___
1,763.00
Cash and due from banks 262,393.96

T ota l_________

__

$ 718.922.90

Liabilities
Capital s t o c k _________$
____
Surplus fund _ _
Undivided profits ______
Total capital
accounts_$ 82,089.08
Demand deposits _ ___
Time d ep osits______
U. S. Gov’t deposits___
Public fu n d s __
—
Total dep. __$ 636,833.82
T ota l______

.

25,000.00
25,000.00
32,089.08

506,537.92
112,979.54
672.48
16,643.88

_ _ $ 718,922.00

DERMOTT STATE BANK, DERMOTT
Population 3,601. Chicot County
Chartered July 8, 1935. Telephone No. FAculty 4-4141. Transit Number 81-720
Officers
John Baxter______________ President
W. F. Pierce-----Exec. Vice President
John M. Baxter_______Vice President
Clarence Horton_____________Cashier
Mary K. Tucker_______ Asst. Cashier
Frank Henry, Jr-----------Asst. Cashier

Directors
John Baxter
B. H. Dennington
John M. Baxter
W. E. Lephiew
W. H. Bynum
W. F. Pierce

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,871,690.52
O v e rd ra fts_
373.22
U. S. Gov’t obligations_ 363,303.94
Other bonds and
securities___ _
109.000.00
Banking house
1.00
Cash and due from banks 448,490.80
Other resources __
5,155.27

Total



$2,798,014.75

Liabilities
Capital s t o c k _
_
$ 50,000.00
Surplus f u n d ___ ______ 100,000.00
Undivided profits
73,259.16
Reserves
__
25,291.52
Total capital
accounts_$ 248,550.68
Demand deposits
1,454,284.07
Time d ep osits________ 812,023.82
20,731.31
U. S. Gov’t deposits___
Public fu n d s ___________ 262,424.87
Total dep. —$2,549,464.07
Total

$2,798,014.75

44

State of Arkansas: Bank Department

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

Prairie County

Chartered January 20, 1902. Telephone Number 2191. Transit Number 81-233
Officers
Henry Nichols____________President
L. R. Brown__________Vice President
& Cashier
R. L. Morton__________Asst. Cashier

Directors
L. R. Brown
W. J. Caskey

STATEMENT OF
Resources
Loans and discounts___ $ 833,209.55
O v e rd ra fts___
17.30
U. S. Gov’t obligations_ 441,182.82
Other bonds and
securities
97,622.64
Furniture and fixtures_
6,788.49
Banking house _
1.00
Cash and due from banks 259,168.00

Henry Nichols

JUNE 30, 1956
Liabilities
Capital stock
$ 50,000.00
Surplus f u n d _
100,000.00
Undivided profits
49,003.25
Reserves
45,039.42
Total capital
accounts_$ 244,042.67
Demand deposits _
_ _
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. _-$1,393,642.62
Other liabilities

Total _

$1,637,989.80

Total _

_

_

990,043.83
138,876.27
7,806.87
256,915.65
304.51

$1,637,989.80

DeWITT BANK AND TRUST COMPANY, DeWITT
Population 2,843.
Chartered March 1, 1929.

Arkansas County

Tel. No. WHitney 6-4161.

Officers
George Smith_____ President
R. H. Maddox_Vice Pres. & Cashier
J. Brown_____________ Asst. Cashier
F. A. Trice___________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $1,602,180.42
U. S. Gov’t, obligations_ 771,850.00
Other bonds and
securities ____________ 812,322.62
Furniture and fixtures-_
1.00
Banking house ________
1.00
Other real e s ta te _____
1.00
Cash and due from banks 2,807,811.25
Other resources________
1.00

Total



$5,994,168.29

A. G. Bauer
J. Brown
G. W. Hall

Transit Number 81-245
Directors
R. H. Maddox
Geo. Smith
C. L. Whitmore

JUNE 30. 1956
Liabilities
Capital s t o c k __________$ 100,000.00
Surplus fund __________ 100,000.00
Undivided profits ______ 189,341.70
Reserves ______________
67,338.75
Total capital
accounts_$ 456,680.45
Demand d eposits______ 4,679,172.80
Time deposits _________ 370,748.98
U. S. Gov’t, deposits___
49,352.75
Public fu n d s ___________
438,213.31
Total dep. __$5,537,487.84
Total

$5,994,168.29

45

Forty-Second Report

BANK OF DOVER, DOVER
Population 510. Pope County
Chartered September 29,1905. Telephone Number 2481. Transit Number 81-329
Officers
John E. Moore____________President
T. C. Campbell_______Vice President
W. M. Wallace______________ Cashier
C. L. Poynter__________Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 281,317.61
U. S. Gov’t, obligations_ 198,000.00
Other bonds and
29,700.00
securities____________
Furniture and fixtures_
4,600.00
Banking h ou se_________
2,500.00
Cash and due from banks
155,900.38
1.00
Other resources________

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided profits ______
Total capital
accounts_$ 86,681.01

25,000.00
25,000.00
36,681.01

Demand deposits ______
Time deposits _________
U. S. Gov’t, deposits___
Public funds __________
Total dep. __$ 585,337.98

467,650.39
9,585.00
985.05
107,117.54

T o ta l__________________ $ 672,018.99

T o ta l______________ ____$ 672,018.99

MERCHANTS AND FARMERS BANK, DUMAS
Population 2,512. Desha County
Chartered May 10, 1909. Tel. No. EVergreen 2-4311. Transit Number 81-330
Officers
R. A. Adcock______________ President
Claud T. Frank_Vice Pres. & Cashier
Ernest C. Bradshaw___ Asst. Cashier

Directors
R. A. Adcock
Ray Maxwell
J. E. Allmon
Clifton L. Meador
R. F. Cox
D. O. Porter, Jr.
Jack S. Dante
O. L. Puryear
Claud T. Frank
Lamar Williamson
Edgar Gannaway

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Capital stock ____
i]F 100,000.00
Loans and discounts____$1,995,857.90
200,000.00
U. S. Gov’t, obligations_ 752,335.01 Surplus fund _
Undivided profits
73,787.29
Other bonds and
___
securities____________ 242,615.67 R e se r v e s _____
11,022.31
Total capital
Furniture and fixtures_____________ 19,079.39
accounts_$ 384,809.60
Banking h ou se_________
18,097.51
Cash and due from banks
507,552.86
_ _ 2,232,780.37
Other resources-----------1,547.38 Demand deposits
Time deposits _ _
617,841.29
U. S. Gov’t, depostis___
23,175.01
Public f u n d s _
__
278,479.45
Total d e p ._$3,152,276.12
Total



$3,537,085.72

Total

$3,537,085.72

46

State of Arkansas: Bank Department

EARLE STATE BANK, EARLE
Population 2,375.
Chartered April 24, 1947.

Crittenden County

Telephone Number 2131.

Officers
M. E. Bird________________President
Lawson T. Garner____Vice President
E. D. Heath__________ Vice President
W. M. Waters________Vice President
Mrs. Mary F. Fullwood______Cashier
Mrs. Alene Davis_____ Asst. Cashier

Transit Number 81-204
Directors

M. E. Bird
C. L. Blanz, Jr.
B. G. Dickey, Jr.
Lawson T. Garner
Everett Hood

Levy McCracken
B. J. Wallace
W. M. Waters
L. S. Young

STATEMENT OF JUNE 30, 1956
Liabilities
Resources
_
$ 80.000.00
Loans and discounts____$1,521,638.73 Capital stock
90,000.00
Overdrafts ____________
119.90 Surplus f u n d ____
Undivided p r o fit s ______
84,518.77
U. S. Gov't, obligations_____________ 257,673.50
Reserves
20,655.26
Other bonds and
securities____________ 319,497.57 Total capital
accounts_$ 275,174.03
Furniture and fixtures_____________ 10,397.16
Banking h o u se _________
396.32
Demand deposits _
1,703,365.05
Cash and due from banks
746,806.72
Other resources________
888.19 Time d ep osits________ 242,298.99
U. S. Gov’t, deposits___
24,627.28
Public funds
611,952.74
Total d e p ._$2,582,244.06
$2,857,418.09

Total

Total

$2,857,418.09

THE DELTA STATE BANK, ELAINE
Population 744.

Phillips County

Chartered December 30, 1947. Tel. No. VAlley 7-2295. Transit Number 81-759
Officers
Wm. Demoret_____________President
J. M. Countiss, Jr_____ Vice President
Catherine M. Reid___________Cashier
Thelma B. Chilton_____ Asst. Cashier

Directors
C. B. Barnhart
Mary L. Demoret
E. Clay Bumpers Wm. Demoret
J. M. Countiss, Jr. F. R. Watson

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 194,120.29
U. S. Gov’t obligations_ 280,000.00
3,116.63
Furniture and fixtures_
Cash and due from banks 276,761.25
672.33
Other resources _ _ _

Liabilities
Capital stock
_
$
Surplus fund
Undivided profits _
Reserves
Total capital
accounts_$ 86,801.68
Demand deposits____
U. S. Gov’t deposits___
Public funds
Total dep. __$ 667.868.82

T o ta l___ ______________ $ 754,670.50



T o ta l_____

_

__

40.000. 00
30.000. 00
16.508.99
292.69

614,485.06
155.28
53,228.48

$ 754,670.50

47

Forty-Second Report

THE EXCHANGE BANK AND TRUST COMPANY, EL DORADO
Population 23,076. Union County
Chartered August 12. 1933.

Tel. No. UNion 3-5107.

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

Transit Number 81-668

Directors
D. R. James
H. B. Axum
R. L. Aycock
T. M. Martin
R. E. Meinert
R. C. Bodenhamer
R. W. Newell
W. A. Dumas
E. B. Garrett
E. E. Paxton
W. H. Hanna
Joe G. Wepfer
Louis E. Hurley

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $3,599,590.26
U. S. Gov’t obligations_ 2,041,363.14
Other bonds and
securities____________ 1,440,960.95
Furniture and fixtures_
14,482.53
Cash and due from banks 2,079,208,70

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 545,633.88

100,000.00
150,000.00
195,258.23
100,375.65

Demand deposits_______ 6,839,490.32
Time deposits _________ 1,310,643.74
U. S. Gov’t deposits___
131,184.42
Public fu n d s ___________ 290,082.32
Deposits of ban k s______
58,570.90
Total dep. __$8,629,971.70
Total

$9,175,605.58

Total

$9,175,605.58

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

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 293,741.00
U. S. Gov’t obligations_ 467,422.80
Furniture and fixtures_
1.00
Banking h ou se______ •_
1.00
Cash and due from banks 195,362.83

Total



$ 956,528.63

Liabilities
_$
Capital stock
Surplus fund _______
Undivided profits
Total capital
accounts_$ 75,898.14

25,000.00
45,000.00
5,898.14

Demand deposits
Time d ep osits_ _
U. S. Gov’t deposits___
Public fu n d s __ ________
Total d e p ._$ 880,630.49

502,094.22
329,943.83
5,217.16
43,375.28

Total

$ 956,528.63

48

State of Arkansas: Bank Department

BANK OP ENGLAND, ENGLAND
Population 2,136.

Lonoke County

Chartered August 23, 1898. Tel. No. Victoria 2-2011. Transit Number 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. 0. Murchison
D. P. Mashburn

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts----- $1,230,397.86
U. S. Gov’t obligations_
7,000.00
Other bonds and
securities____________
72,676.91
Furniture and fixtures_
1,501.00
Banking h o u se _________
1,500.00
Other real e s ta te --------1.00
Cash and due from banks 766,133.29
Other resources________
1.00

Total

$2,079,211.06

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fits ______
Total capital
accounts_$ 196,936.60

50,000.00
75,000.00
71,936.60

Demand deposits_______ 1,621,581.80
Time deposits _________
27,889.30
Public fu n d s ___________ 232,803.36
Total d e p ._$1,882,274.46
Total

$2,079,211.06

THE CITIZENS BANK, ENGLAND
Population 2,136.

Lonoke County

Chartered January 14, 1931. Tel. No. Victoria 2-4211. Transit Number 81-492
Officers
Ben B. Morris_____________ President
Lois Rutherford_______Vice President
J. O. DuPree________________ Cashier
C. C. Leonard, Jr_____Asst. Cashier

W. G. Cunning
Ben B. Morris

Directors
Lois Rutherford
J. E. Swaim

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 947,017.39
Overdrafts ____________
1,087.94
U. S. Gov’t obligations_ 530,572.00
Furniture and fixtures_
1.00
Banking h ou se------------1.00
Cash and due from banks 582,593.10

Liabilities
Capital s t o c k __________ $ 60,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______ 160,632.53
Reserves ______________
6,066.61
Total capital
accounts_$ 276,699.14
Demand deposits_______ 1,574,699.25
Time deposits _________ 116,818.43
U. S. Gov’t deposits____
9,760.63
Public fu n d s ___________
83,294.98
Total dep. __$1,784,573.29

Total



$2,061,272.43

Total

$2,061,272.43

Forty-Second Report

49

THE EUDORA BANK, EUDORA
Population 3,072. Chicot County
Chartered December 23, 1930. Tel. No. Elmwood 5-4416. Transit Number 81-334
Officers
Directors
W. W. Grubbs____________President
A. G. Anderson
W. W. Grubbs
C. J. Griffith, Jr.
C. J. Griffith, Jr______ Vice President
Sam Bowman
C. A. Diehl_________________ Cashier
E. T. Cashion
Ralph Scott
C. A. Diehl
R. T. Stephenson
Evelyn M. Lilly________________ Asst.Cashier
Mary G. Thach_________________ Asst.Cashier
W. K. Grubbs
Eaye Newell___________________ Asst.Cashier
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking house ________
Cash and due from banks
Other resources________

818,011.68
5,081.14
478,368.75
469,395.67
4,183.01
1,346.11
343,570.91
1,528.89

T o ta l__________________ $2,121,486.16

Liabilities
Capital s t o c k __________$ 75,000.00
Surplus fund __________
75,000.00
Undivided p r o fit s ______ 112,156.31
Reserves ______________
25,139.02
Total capital
accounts_$ 287,295.33
Demand deposits_______ 1,176,157.89
Time deposits _________ 388,952.83
9,012.02
U. S. Gov’t deposits___
Public fu n d s ___________ 260,068.09
Total dep. __$2,121,486.16
T ota l__________________ $2,121,486.16

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

Directors
John F. Cross Richard R. Thompson
C. A. Fuller
O. N. Walters
Grace Simpson

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 253,666.21
Overdrafts ____________
10.52
U. S. Gov't obligations_ 564,174.00
Other bonds and
securities____________
65,330.00
Furniture and fixtures_
1.00
Banking h ou se_________
2,000.00
Other real e s ta te ______
1.00
Cash and due from banks 262,702.14
4,564.88
Other resources________

Total



$1,152,449.75

Liabilities
Capital s to c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 107,501.69
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Deposits of ban k s______
Total d ep ._$1,044,948.06
Total

50,000.00
25,000.00
32,501.69

662,784.99
240,218.91
15,122.88
90,693.37
36,127.91

$1,152,449.75

50

State of Arkansas: Bank Department

BANK OF EVENING SHADE, EVENING SHADE
Population 360. Sharp County
Chartered February 5, 1901.
Telephone Number 6.
Transit Number 81-336
Officers
Directors
J. 0. Laman_______________ President J. O. Laman
J. B. Metcalf
O. S. Westmoreland Vice President E. B. Metcalf
0. S. Westmoreland
E. B. Metcalf_______________ Cashier
M. A. Graddy, Jr._____ Asst. Cashier
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts----- $ 45,879.89
U. S. Gov’t obligations — 280,000.00
1.00
Furniture and fixtures_
1.00
Banking house
87,302.01
Cash and due from banks

Liabilities
Capital stock
_
$
Surplus fund
Undivided profits
Total capital
accounts_$ 49,649.71
Demand deposits
Time deposits _
Public funds
Total dep. __$ 363,534.19

Total _

_ _$ 413,183.90

_

Total

_

10,000.00
30,000.00
9,649.71

318,313.70
3.00
45,217.40
$ 413,183.90

McILROY BANK, FAYETTEVILLE
Population 17,071. Washington County
Chartered December 24, 1892. Tel. No. Hlllcrest 2-5351. Transit Number 81-8T
Officers
Hayden Mcllroy___________ President
J. B. McConnell_______Vice President
L. O. Graham____________ Vice Pres.
& Trust Officer
Wilmer C. Smith_____ Vice Pres. &
Auditor
Zelma Farmer________ Asst. Cashier

Directors

William M. Bagby
L. L. Baxter
L. O. Graham
J. B. McConnell
Hayden Mcllroy
Henry B. Shreve
Wilmer C. Smith

Herbert L. Thomas
Clifton Wade
Marion Wasson
W. C. Whitfield, Jr.
Hugh Williams
Paul Young, Jr.

STATEMENT OF JUNE 30, 1956
Resources

Loans and discounts__ $2,894,547.73
Overdrafts ____________
1,874.10
U. S. Gov’t obligations_ 3,142,084.68
Other bonds and
securities____________ 1,526,593.77
Furniture and fixtures_
10,397.26
Banking house ________
63,534.09
Cash and due from banks 2,761,909.28
4,753.95
Other resources________

Total



$10,405,694.86

Liabilities
Capital s t o c k __________$ 100,000.00
Surplus f u n d ___________
200,000.00
Undivided p r o fit s ______
80,294.63
Reserves _______________
351,402.78
Total capital
accounts_$ 731,697.41
Demand deposits ______ 4,833,419.03
Time deposits ________ 1,974,373.50
111,626.92
U. S. Gov’t deposits__
Public funds __________ 2,209,246.08
Deposits of ban k s_____
545,331.92
Total dep. _.$9,673,997.45
Total

$10,405,694.86

51

Forty-Second Report

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. SteJl
H. E. Dedman
L. Weems Trussell
J. H. Everett
S. A. Williams
J. W. Hearnsberger

STATEMENT OF JUNE 30, 1956
Resources

Loans and discounts — $ 816,816.33
Overdrafts ____________
111.46
U. S. Gov’t obligations_ 1,049,800.00
Other bonds and
securities____________
628,226.94
Furniture and fixtures_
7,114.37
Banking h ou se_________
20,000.00
Cash and due from banks 730,816.85

T o t a l___________________ $3,252,885.95




Liabilities
Capital s t o c k __________$ 100.000.00
Surplus f u n d __________
100,000.00
Undivided p r o fit s ______
98,642.72
Reserves ______________
980.50
Total capital
accounts_$ 299,623.22
Demand deposits ______ 1,940,978.67
Time d ep osits_________ 857,873.09
U. S. Gov’t deposits___
28,032.87
Public funds __________
121,961.36
Deposits of b an k s______
4,416.74
Total d e p ._$2,953,262.73
T o t a l___________________ $3,252,885.95

52

State of Arkansas: Bank Department

PLANTERS BANK AND TRUST COMPANY, FORREST CITY
Population 7,607.
Chartered April 5, 1921.

St. Francis County

Telephone Number 326.

Officers
H. H. Cooper_____________President
J. B. Fletcher________Vice President
Charles C. Moore____________ Cashier

Transit Number 81-143

Directors
E. B. Belshe
Mrs. E. B. Robinson
H. H. Cooper
Sam Sharpe
J. B. Fletcher Jack T. Stephens
C. N. Haven
R. R. Wilkerson
Henry T. Haven James F. Wolfe
L. F. Haven, Jr.

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts_$2,276,344.73
Overdrafts ____________
3,907.63
U. S. Gov’t obligations_ 1,112,800.88
Other bonds and
securities______ 1,017,043.79
Furniture and fixtures_
24,317.68
Banking house ________
46,000.00
Cash and due from banks 901,758.04
Other resources--5,084.42

Total




$5,387,257.17

Liabilities
Capital s t o c k __________ $ 150,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______
96.124.42
Reserves --------------------15,004.59
Total capital
accounts_$ 411,129.01
Demand deposits ______ 3,029,908.89
Time deposits__________ 1,236,245.43
U. S. Gov’t deposits___
157,972.09
Public funds __________
527,001.75
Deposits of b an k s_____
25,000.00
Total d e p ._$4,976,128.16
Total

$5,387,257.17

Forty-Second Report

53

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

Sebastian County

Chartered February 6, 1906.
Transit Number 81-571
Telephone Number SUnset3-1114
Officers
Directors
Leon E. Werntz_________ President Harry P. Daily
Rutherford J. Ross
Carnall Gardner______Vice President Carnall Gardner Ralph J. Speer, Sr.
Dorothy Turner__________Sec.-Treas. Jerome Ney
Leon E. Werntz
Lloyd Williams_______Asst. Secretary Raymond F. Orr
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___$ 19,305.57
Other bonds and
securities____________ $
2,000.00
Furniture and fixtu res_
16,525.61
18,000.00
Banking hou se___
Other real e s ta te ______
16,640.35
Cash and due from banks
149,612.55
Other resources__
162,605.97
384,690.05

Total

Liabilities
Capital s t o c k __________I
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 276,636.44

150,000.00
30,000.00
93,329.85
3,306.59

Other liabilities________

108,053.61

Total

384,690.05

THE BANK OF FRANKLIN. FRANKLIN

Population 100.

Izard County

Chartered June 13, 1905.

Transit Number 81-338

Officers
R. M. Standerfbrd_________ President
Olen Barnes_________Vice President
Boler Simpson_______________ Cashier
Mrs. Tommie Billingsley
Asst. Cashier

Olen Barnes
Tressie Box

Directors
R. M. Standerford

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $ 134,613.33
Overdrafts ____________
51.83
U. S. Gov’t obligations_
63,700.00
Other bonds and
securities____________
3,000.00
Furniture and fixtu res_
2,542.00
Banking house ________
1.00
Other real e s ta te ______
2,000.00
Cash and due from banks
52,801.00
Other resources ________
160.00
Total



.$ 258,869.16

Liabilities
Capital s t o c k __
____$
Surplus f u n d __________
Undivided p r o fit s __ __
Total capital
accounts_$ 40,674.98

10,000.00
15,000.00
15,674.98

Demand deposits ____
U. S. Gov’t deposits__
Public funds __ ____
Total dep.
218,194.18

178,383.52
4,349.59
35,461.07

Total

$ 258,869.16

54

State of Arkansas: Bank Department

BANK OF GLENWOOD, GLENWOOD
Population 843.
Chartered December 27, 1912.

Pike County

Telephone Number 18.

Officers
John Golden___________ __ President
R. W. Brakefield__ ___Vice President
H. H. Duke___ _______ _____Cashier
Doris Hutchings. __ Asst. Cashier

Transit Number 81-343

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ .$ 506,618.47
12.71
Overdrafts _
_____ _
U. S. Gov t obligations . 494,800.00
Other bonds and
2,000.00
securities ______
951.00
Furniture and fixtures __
1.00
Banking house ----------511,301.16
Cash and due from banks
1.00
Other resources
_ _

T o ta l____

$1,515,685.34

Liabilities
Capital stock _
_____ _$
Surplus f u n d _________
Undivided profits
__
Reserves _ __________
Total capital
accounts_$ 152,150.09

25,000.00
40,000.00
84,075.85
3,074.24

Demand deposits
__ 1.034,227.71
Time d ep osits_______ _ 286,729.04
U. S. Gov’t deposits__
618.75
Public f u n d s _
41,959.75
Total dep. —$1,363,535.25
Total

_

_

$1,515,685.34

BANK OF GRAVETT, GRAVETTE
Population 894.

Benton County

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

Directors
Stokes Ballard
Allen McAllister
Tom Cawood
C. E. McAllister
J. T. Edmondson
Philo Rodgers
Jim Edmondson

STATEMENT OF JUNE 30, 1956
Liabilities
Capital s t o c k __________$ 25,000.00
Surplus fund __________
25,000.00
Undivided p r o fit s ______ 154,540.07
Total capital
accounts_$ 204,540.07

Resources
Loans and discounts__ $ 566,123.36
Overdrafts ____________
976.17
U. S. Gov’t obligations_ 583,470.00
Other bonds and
securities____________
65,341.71
Furniture and fixtures_
7,936.57
Banking house ________
3,340.00
Other real e s ta t e ______
1.00
Cash and due from banks
643,486.97
Other resources________
805.29

Demand d ep osits______ 1,379.056.67
Time deposits _________ 231,610.79
56,273.54
Public funds __________
Total dep. __$1,666,941.00

Total

Total




$1,871,481.07

.$1,871,481.07

Forty-Second Report

55

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

Sebastian County

Telephone Number 3231.

Officers
W. N. Wilkinson-----------------President
Means Wilkinson______Vice President
Alice Holland_______________ Cashier
George A. Henry_______Asst. Cashier

Transit Number 81-226

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities
Furniture and fixtures_
Banking house
Other real estate _
Cash and due from banks

Total

___

312,748.61
427,000.00
378,945.00
2.00
2.00
1.00
593,574.92

$1,712,273.53

Liabilities
Capital stock _________ $
Surplus f u n d _
Undivided profits ______
Total capital
accounts_$ 155,866.07

40,000.00
40,000.00
75,866.07

Demand deposits _ _
1,032,903.96
Time deposits
398,151.77
U. S. Gov’t deposits___
24,000.00
Public funds
________
101,351.73
Total dep. __$1,556,407.46
Total

_

_ _ $1,712,273.53

THE FIRST BANK, GRIFFITHVILLE
Population 207.
Chartered November 6, 1905.

White County

Telephone Number 256.

Transit Number 81-347

Officers
Directors
James A. Neaville_________President Jas. A. Neaville
Mrs. L. A. Neaville
James A. Neaville, Jr._Vice President Jas. A. Neaville, Jr. John B. Neaville
John B. Neaville_____________ Cashier
George F. Key_________Asst. Cashier
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___
U. S. Gov’t obligations_
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

164,018.47
110,000.00
600.00
1.00
70,721.97

Liabilities
Capital s t o c k __________ I
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 27,125.75
Demand deposits_______
PubMc funds __________
Total d e p ._$ 318,095.01
Other liabilities

Total



.$ 345,341.44

Total

20,000.00

4,000.00
3,125.75

292,754.28
25,340.73
120.68
$ 345,341.44

56

State of Arkansas: Bank Department

CLARK COUNTY BANK, GURDON
Population 2,390.
Chartered August 4, 1900.

Clark County

Telephone Number 3-4414.

Officers
F. H. Rudolph___________ President
E. H. Frizzell_________Vice President
Richard E. Davidson_________Cashier
Mrs. Lewelyn Edwards_Asst. Cashier

Transit Number 81-349

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

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

Total

403,959.12
1.64
391,375.63
260,936.94
2,138.30
427,393.50

$1,485,805.13

Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 146,579.89

50,000.00
40,000.00
52,487.28
4,092.61

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$1,339,225.24

698,403.28
439,532.18
8,449.71
192,840.07

$1,485,805.13

Total

FARMERS BANK, HAMBURG
Population 2,655.
Chartered March 10, 1941.

Ashley County

Telephone Number 47.

Officers
S. A. Wilcoxon__________ President
V. W. Walker_______ Vice President
Louie G. Foote______________ Cashier
Paul Kirkland__________Asst. Cashier

Transit Number 81-181

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts _
U. S. Gov’t obligations_
Other bonds and
securities _
Furniture and fixtures_
Cash and due from banks,

Total

______




488,294.00
86.26
668,056.26
187,712.11
1.00
307,223.83

__ $1,651,373.46

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Reserves
_ _
Total capital
accounts_$ 194,493.51

50,000.00
50,000.00
84,493.51
10,000.00

1,274,886.89
Demand deposits
76,986.99
Time deposits _
2,596.62
U. S. Gov’t deposits___
Public funds
_ _
102,409.45
Total d e p ._$1,456,879.95
Total

$1,651,373.46

Forty-Second, Report

57

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

Calhoun County

Telephone Number 42.

Officers
B. W. Harrell____________President
Searcy Harrell________Vice President
Len Harrell_________________ Cashier
Mary H. Johnston____ Asst. Cashier

Transit Number 81-353

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations, _
Other bonds and
securities
Furiture and fixtures-_
Banking house
Cash and due from banks

425,136.45
448,345.00
240,823.59
7,500.00
7,900.00
243,629.68

T o ta l__________________ $1,373,334.72

Liabilities
Capital stock
$ 25,000.00
100,000.00
Surplus fund
Undivided profits
41,370.80
Total capital
accounts_$ 166,370.80
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. __$1,206,963.92

830,301.75
165,807.36
14,363.09
196,491.72

T o ta l__________________ $1,373,334.72

THE BANK OF HARRISBURG, HARRISBURG
Population 1.498.

Poinsett County

Chartered December 2, 1930. Telephone No. PLaza 7-5427. Transit No. 81-693
Officers
T. T. Mardis_____________ President
Wm. S. Martin________Vice President
Horace S. Smith____________Cashier
Mrs. Ida J. Bettis_____ Asst. Cashier
Wilburn J. Cole_______ Asst. Cashier
Mrs. Doris H. Smith__ Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ !
U. S. Gov’t obligations_
Furniture and fixtures__
Banking h ou se_________
Cash and due from banks

508,453.36
641,150.00
11,513.54
8,358.00
427,101.42

Liabilities
Capital s t o c k __________:
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts_$ 160,720.68

50.000. 00
50.000.00
60,720.68

Demand deposits_______ 1,269,686.39
40,290.30
U. S. Gov't deposits___
Public fu n d s ___________
125,878.95
Total dep. __ $1,435,855.64
Total



$1,596,576.32

Total

$1,596,576.32

58

State of Arkansas: Bank Department

COMMERCIAL BANK, HARRISON
Population 5,542. Boone County
Chartered July 7, 1944.
Telephone Number 306.
Transit Number 81-746
Officers
T. W. Rogers_____________President
D. L. Owens_________ Vice President
Verl Hudspeth_______ Vice President
H. D. Dixon________________ Cashier
Mrs. C. N. Kent, Sr____ Asst. Cashier

Directors
H. D. Dixon
D. L. Owens
Verl Hudspeth
Rabie Rhodes
C. N. Kent, Sr.
T. W. Rogers
Joe Miller

STATEMENT OF JUNE 30, 1956
Liabilities
Resources
Capital stock __________$ -75,000.00
Leans and discounts___ $1,698,947.64
U. S. Gov’t obligations_ 430,557.62
Surplus f u n d __________
100,000.00
Other bonds and
Undivided profits ______
31,248.59
securities____________
520,963.58 Total capital
accounts_$ 206,243.59
Furniture and fixtures._
26,331.20
Cash and due from banks 922,026.17
2,241.30 Demand deposits_______ 2,149,790.54
Other resources________
Time deposits _________ 849,345.24
U. S. Gov’t deposits___
33,800.62
Public fu n d s ___________
218,375 44
Deposits of b an k s______ 121,548.33
Total dep. __$3,372,860.17
Other liabilities _______
Total

$3,601,067.51

21,958.75

T o ta l__________________ $3,601,067.51

THE SECURITY BANK, HARRISON
Population 5,542. Boone County
Chartered November 20, 1931. Telephone Number 86. Transit Number 81-704
Officers
C. C. Alexander___________President
Roy L. Baker, Jr--------Exec. Vice Pres.
E. R. Tims________Exec. Vice Pres.
& Cashier
L. A. Watkins_________ Vice President
T. C. Heuer_________ Vice President
Jim Tilley_____________ Asst. Cashier

Directors
C. C. Alexander
Joe Kirby
Roy L. Baker
R. W. Milum
Roy L. Baker, Jr.
W. O. Newton
F. L. Coffman
E. R. Tims
Garvin Fitton
L.
A.Watkins
T. C. Heuer

STATEMENT OF JUNE 30. 1956
Liabilities
Resources
.
Capital s t o c k __________$ 150,000.00
Loans and discounts___ $2,965,570.68
Surplus fund __________
150,000.00
Overdrafts ____________
4,374.19
U. S. Gov’t obligations_ 1,231,445.40 Undivided p r o fit s ______ 102,349.03
Total capital
Other bonds and
accounts._$ 402,349.03
securities____________
842,442.91
Furniture and fixtures_
35,120.75
Banking h o u se _________
47,498.50 Demand deposits_______ 3,980,448.00
Time deposits _________ 1,693,812.29
Cash and due from banks 1,376,746.09
75,731.09
Other resources________
3.00 U. S. Gov’t deposits___
Public fu n d s ___________
287,404.96
63,456.15
Deposits of banks_______
Total d e p ._$6,100,852.49
Total



$6,503,201.52

Total

$6,503,201.52

59

Forty-Second Report

PRAIRIE COUNTY BANK, HAZEN
Population 1,270.
Chartered July 17, 1945.

Prairie County

Telephone Number 2511.

Officers
J. J. Screeton____________President
L. P. Aycock__________ Vice President
J. E. Sparks__________ Vice President
R. C. Hartlieb_________Vice President
Grace 0. Stallings__________Cashier

Transit Number 81-750
Directors

L.
J.
H.
R.

P. Aycock
0. Crowly
J. Hall
C. Hartlieb

Mrs.
Ezra
J. J.
J. E.

H. B. Robinson
Shoop
Screeton
Sparks

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
60,000.00
Capital s t o c k __________!
Loans and discounts___ $1,071,640.45
Surplus fund __________
40,000.00
Overdrafts ____________
1,494.60
41,499.41
U. S. Gov’t obligations_ 133,100.00 Undivided p ro fits______
Reserves ______________
23,427.71
Other bonds and
securities____________
173,753.74 Total capital
accounts_$ 164,927.12
Furniture and fixtures_
21,717.25
Banking h ou se_________
22,672.95
Cash and due from banks 299,763.40 Demand deposits_______ 1,131,329.15
Other resources________
591.42 Time deposits _________ 273,337.20
U. S. Gov’t deposits___
11,870.82
Public fu n d s___________
133,269.52
10,000.00
Deposits of banks_______
Total d e p ._$1,559,806.69
Total

$1,724,733.81

Total

$1,724,733.81

THE CLEBURNE COUNTY BANK, HEBER SPRINGS
Population 2,109. Cleburne County
Chartered December 16, 1930. Telephone No. 2-2643. Transit Number 81-175
Officers
Directors
Wiley H. Robbins___________President E. A. Jenkerson
Joe N. Robbins
Jerome Johnson.Exec. Vice President Jerome Johnson
W. E. Robbins
Walter Aldridge_______________ Cashier Bruce Robbins
Wiley H. Robbins
Sam Morton___________ Asst. Cashier Louis E. Robbins
Della Mae Verser______ Asst. Cashier
Awin Hazelwood_______ Asst. Cashier
STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $ 398.088.30
Capital s t o c k __________$ 30,000.00
Overdrafts ____________
105.58
Surplus f u n d __________
35,000.00
U. S. Gov’t obligations.- 426,000.00
Undivided p r o fit s _____
108,902.90
Other bonds and
Reserves ________________
28,607.07
Total capital
securities____________ 310,744,14
Furniture and fixtures_
4,250.00
accounts_$ 202,509.97
Banking h ou se_________
1.00
Cash and due from banks 265,052.12 Demand deposits________ 1,121,710.81
U. S. Gov’t deposits___
21,144.52
Public fu n d s ___________
58,875.84
Total dep. —$1,201,731.17
Total



$1,404,241.14

Total

$1,404,241.14

60

State of Arkansas: Bank Department

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

Phillips County

Chartered February 9, 1910. Telephone No. Hickory 4-3032. Transit No. 81-64
Officers
Dewey Moore______________ President
Harry G. Stephens___ Vice President
Clinton L. McKelvy________ Secretary
Wm. D. Hudson, Jr----------- Treasurer

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

Directors
W. L. Morris
H. G. Stephens

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 117,187.39
U. S. Gov’t obligations_
600.00
Other bonds and
24,400.00
securities____________
1, 000.00
Furniture and fixtures_
1.00
Other real e s ta te ______
61,793.93
Cash and due from banks
Other resources ________
3,601.00
208,583.32

Total

Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 93,964.81

50.000. 00
30.000. 00
13,964.81

Trust deposits .
Other liabilities

111,674.55
2,943.96

Total

208,583.32

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

Madison County

Telephone Number 320.

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

Transit Number 81-362

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts----- $
Overdrafts
U. S. Gov’t obligations_
Other bonds and
securities
Furniture and fixtures_
Banking house
Cash and due from banks

80,645.98
366.72
85,000.00
9,940.00
1.00
400.00
94,078.50

T o t a l___________________ $ 270,432.20




Liabilities
Capital stock
$
Surplus fund _ _
Undivided profits
Reserves _ _
Total capital
accounts_$ 32,326.18
Demand deposits
Time deposits ____
U. S. Gov’t deposits___
Public funds _ _
Total d e p ._$ 238,106.02

10,000.00
10,000.00
5,097.87
7,228.31

150,360.48
72,415.54
330.00
15,000.00

T o t a l____________________$ 270,432.20

Forty-Second Report

61

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

Monroe County

Telephone Number 2681.

Transit Number 81-275
D ifA P fA rc

n f f ip A i* ®

M. P. Walls_______________ President
J. I. Matthews________Vice President
Jack Phillips________________ Cashier
Margaret J. Mack_____ Asst. Cashier

B. J. Lambert
J. I. Matthews
John B. Moore

M. P. Walls
O. M. Washington

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

"Total

546,175.80
560,723.13
115,953.13
766.87
1.00
209,789.78

$1,433,409.71

Liabilities
Capitol stock _
$ 30,000.00
Surplus fund _
100,000.00
Undivided profits
55,213.56
Total capital
accounts_$ 185,213.56
Demand deposits
Time d ep osits_
U. S. Gov’t deposits___
Public funds _ _ _
Total dep. __$1,248,196.15
Total

918,203,48
231,013.59
992.75
97,986.33

$1,433,409.71

HORATIO STATE BANK, HORATIO
Population 776.
Chartered May 15, 1905.

Sevier County

Telephone Number 77.

Officers
C. E. Hendrix_____________ President
W. H. Frith_________Vice President
JMazie Gallaher______________ Cashier

Transit Number 81-342

O. T. Brinkley
F. R. Ethridge
C. E. Hendrix

Directors
Lilia S. Hendrix
L. O. Shull

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

570,252.00
687.00
466,465.35
170,320.86
5,500.00
4,000.00
511,390.67
36.66

Liabilities
Capitol s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s _____
Total capital
accounts_$ 116,761.28

Demand deposits_______ 1,292,540.36
Time deposits _________ 215,777.49
U. S. Gov’t deposits___
4,121.64
Public fu n d s ___________
98,936.71
Total dep. __$1,611,376.20
Other liabilities________

"Total



$1,728,652.54

32,500.00
42,500.00
41,761.28

Total

515.06
$1,728,652.54

62

State of Arkansas: Bank Department

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

Garland County

Telephone No. NAtional 3-4424 Transit No. 81-51

Officers
D. Burgauer______________ President
G. H. Sexton___ Exec. Vice President
Norton Meek__ Vice Pres. & Cashier
W. L. Little___ Vice Pres. & Auditor
E. M. Thrash_________Vice President
Marie Schnebelen______ Asst. Cashier
& Tr. Officer
Robert E. Jones________ Asst. Cashier
C. J. Clements_________ Asst. Cashier
H. G. Gasbarre________ Asst. Cashier
F. L. Baldwin_________ Asst. Cashier

Directors

D. Burgauer
Albert M. Guice
C. J. Horner
Norton Meek
Carl E. Mi-les

George H. Sexton
Floyd L. Thompson
E. M. Thrash
Hill A. Wheatley
Warren W. Wilson

STATEMENT OF JUNE 30, 1956
Resources

Loans and discounts__ $ 3,083,839.13
Overdrafts ___________
693.13
U. S. Gov’t obligations- 6,155,344.89
Other bonds and
941,399.55
securities___________
42,452.56
Furniture and fixturesBanking h o u se ________
38,500.00
Cash and due from banks 2,883,641.23
63,882.75
Other resources _______

Liabilities
Capital s t o c k _________$
Surplus f u n d _________
Undivided p r o f it s _____
Reserves _______________
Total capital
accounts_$ 1,167,869.30
Demand deposits______
Time deposits ________
U. S. Gov’t deposits —
Public fu n d s __________
Deposits of ban ks____
Total dep._$ll,978,647.74

9,853,277.41
784,152.35
207,719.31
1,104,419.12
29,079.55

Other liabilities _______
Total




$13,209,753.24

Total

400,000.00^
400,000.00
299,705.63
68,163.67

63,236.20

$13,209,753.24

63

Forty-Second Report

JACKSONVILLE STATE BANK, JACKSONVILLE
Population 2,474.
Chartered August 2, 1949.

Pulaski County

Telephone No. Liberty 4-2114.

Officers
Kenneth Pat Wilson________President
Austin Leeds________Vice President
& Cashier
Mrs. Joyce Hester_____ Asst. Cashier
Mrs. Melda A. Rice___ Asst. Cashier

Transit No. 81-764

Directors
Jack East, Jr.
B. F. Thompson
J. H. Mize
Kenneth Pat Wilson
Clarence H. Thomas

STATEMENT OF JUNE 30, 1956
Liabilities
Capital s t o c k __________$ 150,000.00
Loans and discounts___ $1,736,149.17
100,000.00
Overdrafts ____________
230.74 Surplus f u n d __________
Undivided p r o fit s _____
46,994.72
U. S. Gov’t obligations-_ 648,218.75
Reserves ______________
11,800.00
Other bonds and
Total capital
securities____________ 318,631.06
accounts_$ 308,794.72
Furniture and fixtures. _
21,558.79
Banking h ou se_________
38,980.13
Cash and due from banks 1,039,921.46 Demand deposits_______ 2,271,957.66
Other resources________
1.00 Time deposits _________ 423,541.87
623,575.20
U. S. Gov’t deposits___
Public fu n d s ___________
153,238.94
Total dep. —$3,472,313.67
Resources

Other liabilities________
Total

$3,803,691.10

Total

22,582.71
$3,803,691.10

NEWTON COUNTY BANK, JASPER
Population 407. Newton County
Chartered March 24, 1903.
Telephone Number 9.
Transit Number 81-371
Officers
L. W. Nance_____________ President
Alta Gorden_________ Vice President
W. C. Moten_________ Vice President
L. W. Nance________________ Cashier
Joe C. Nance__________Asst. Cashier

Directors
Alta Gorden
W. C. Moten
Jerry Nance

Joe C. Nance
L. W. Nance

STATEMENT OF JUNE 30, 1956
Liabilities
Capital s t o c k __________$ 25.000. 00
Loans and discounts___ $ 259,305.59
Surplus fund __________
Overdrafts ____________
12.55
25.000. 00
Undivided p r o fit s ______
U. S. Gov’t obligations_ 378,869.60
30,137.08
Total capital
Other bonds and
accounts_$ 80,137.08
20,021.00
securities____________
Furniture and fixtures_
4,204.45
Banking h ou se_________
5,036.27 Demand deposits_______ 558,233.41
119,238.21
Other real es ta te ______
400.00 Time deposits _________
Public fu n d s ___________
Cash and due from banks 132,517.15
42,757.91
Total d e p ._$ 720,229.53
Resources

Total



.$ 800,366.61

Total

.$ 800,366.61

64

State of Arkansas: Bank Department

CITIZENS BANK OF JONESBORO, JONESBORO
Population 16,310.
Chartered July 25, 1919.

Craighead County-

Telephone No. WEbster 2-6603.

Officers
M. L. McKinney___________President
C. V. McKinney_______Vice President
M. W. Griffin_______________ Cashier
D. C. Jones___________Asst. Cashier

Transit No. 81-613

Directors
C. V. McKinney
Vance Thompson
G. E. McKinney
R. E. Wade
M. L. McKinney

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $
Overdrafts ___________
U. S. Gov’t obligations.
Other bonds and
securities___________
Furniture and fixtures.
Cash and due from banks

Total




4,188,962.13
20.27
2,034,424.37
1,546,899.86
74,902.00
2,393,499.91

$10,238,708.54

Liabilities
Capital stock __________!
Surplus f u n d _________
Undivided p r o f it s ____
Total capital
accounts_$ 759,943.34
Demand deposits______
Time deposits ________
U. S. Gov’t deposits__
Public fu n d s __________
Deposits of banks____
Total dep._$ 9,478,765.20
Total

300.000. 00
200.000. 00

259,943.34

4,523,218.96
3,688,736.58
90,167.58
832,195.83
344,446.25

$10,238,708.54

Forty-Second Report

65

MERCANTILE BANK, JONESBORO
Population 16,310. Craighead County
Chartered January 7, 1932. Telephone No. WEbster 5-5521.
Officers
Charles Frierson__________President
Nathan Deutsch___ Exec. Vice Pres.
Edward H. Cherry___ Vice President
R. W. Higginbotham_____ Vice Pres.
Carey Smith________________ Cashier
Alberta Dickson________ Asst. Cashier
Louise Beasley_________ Asst. Cashier
Naomi Craft___________ Asst. Cashier

Transit No. 81-72

Directors

Bryan Armstrong
Joe C. Barrett
Edward 0. Cherry
Nathan Deutsch
W. M. Freeze, Jr.

Charles Frierson
W. Gus Nash
J. Paul Smith

STATEMENT OF JUNE 30. 1956
Liabilities
Resources
Capital stock
$ 200,000.00
Loans and discounts___ $4,050,170.48
Surplus fund
200,000.00
U. S. Gov’t obligations_ 2,270,124.14
183,520.09
Other bonds and
Undivided profits
3,000.00
securities____________ 862,338.32 Reserves
Furniture and fixtures_
30,973.79 Total capital
accounts_$ 586,520.09
32,000.00
Banking h ou se_________
Other real e s ta te ______
3,870.00
4,079,639.26
Cash and due from banks 1,399,910.52 Demand deposits
3,460,200.64
Other resources________
17,022.18 Time deposits _
U. S. Gov’t deposits___
83,602.66
Public fu n d s____
353,093.10
Deposits of banks _ _ 103,353.68
Total d e p ._$8,079,889.34
Total

$8,666,409.43

Total

$8,666,409.43

FARMERS AND MERCHANTS BANK, JUDSONIA
Population 1,122. White County
Chartered May 29, 1913.Telephone Number 38.
Transit Number 81-549
Officers
A. J. Stephens____________ President
J. Herbert Graves___ Vice President
C. I. Stevens________________ Cashier
Bettye L. Hulsey_______Asst. Cashier

Directors
J. Herbert Graves
A. J. Stephens
John A. Henson
E. O. Yancey

STATEMENT OF JUNE 30, 1956
Liabilities
Resources
Capital s t o c k ______ _ $ 35,000.00
Loans and discounts___ $ 215,132.60
Surplus f u n d ___ ___
35,000.00
U. S. Gov't obligations_ 309,390.63
Undivided p r o fit s ___
23,378.35
Other bonds and
securities ____________ 115,920.00 Total capital
4.600.00
accounts_$ 93,378.35
Furniture and fixtures_
4.500.00
Banking house
___
645,624.19
Cash and due from banks 158,927.90 Demand deposits
1.00 U. S. Gov’t deposits___
4,990.72
_____
Other resources
Public fu n d s ___________
64,478.87
Total d e p ._$ 715,093.78
Total _

_____

__ __ $ 808,472.13




T o ta l____________ ____

$ 808,472.13

66

State of Arkansas: Bank Department

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

Union County-

Telephone Number 73.

Officers
I. A. Brinker______________ President
0. H. Goodwin________Vice President
J. M. Thompson_____________ Cashier
Mrs. Ruthelle C. Lusby_Asst. Cashier

Transit Number 81-232
Directors

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

Houston Hall
H. E. Kinard

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 160,151.57
U. S. Gov’t obligations_ 517,808.45
Other bonds and
securities____________
24,392.23
1.00
Furniture and fixtures_
Banking h ou se _________
1,700.00
Other real e s ta te _____
3.00
Cash and due from banks 281,188.96

T o t a l___________________ $ 985,243.21

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Reserves ________________
Total capital
accounts_$ 122,711.58
Demand deposits_______
Time deposits-_________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep.
862,531.63

25,000.00
75,000.00
18,861.58
3,850.00

573,181.37
204,802.56
23,718.32
60,829.38

T o t a l___________________ $ 985,243.21

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

White County

Telephone Number 191.

Officers
A. P. Mills-------------------------President
John H. Johnston____ Vice President
Mrs. Thelma Roth___________Cashier

Transit Number 81-649

Directors
John H. Johnston
A. P. Mills

J. W. Sloan

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 128,469.85
Overdrafts ____________
9.70
U. S. Gov’t obligations_ 190,000.00
Furniture and fixtures_
58.89
Banking h ou se _________
1.00
Cash and due from banks
292,136.02
Other resources _______
1.00

Total




$ 610,676.46

Liabilities
....
$
Capital stock
Surplus fund
__ ___
Undivided profits
Total capital
accounts_$ 44,830.24

25,000.00
5,000.00
14,830.24

Demand deposits_______
Public fu n d s ___________
Total dep.
565,701.12

556,460.43
9,240.69

Other liabilities ________

145.10

Total

.$ 610,676.46

Forty-Second Report

67

BANK OF KINGSTON, KINGSTON
Population 200. Madison County
Chartered April 7, 1011.
Transit Number 81-467
Officers

Directors

A. B. Bunch_____________ President
Tom Hargis__________Vice President
Wilson Bunch_______________ Cashier
Wm. B. Bunch________Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $ 67,946.10
Capital stock
_$ 10,000.00
U. S. Gov’t obligations_ 116,846.50
Surplus fund
10,000.00
Other bonds and
Undivided profits
8,300.57
securities
27,960.00 Reserves
5,000.00
Furniture and fixtures-..
631 00 Total capital
Banking house
1.00
accounts_$ 33,300.57
Other real estate ______
3.00
Cash and due from banks
82,019.72 Demand deposits
176,541.10
Time deposits
75,565.65
Public funds
10,000.00
Total dep. __$ 262,106.75
Total _

$ 295,407.32

Total

$ 295,407.32

FARMERS STATE BANK, LAKE CITY
Population 783. Craighead County
Chartered February 28, 1950. Telephone Number 3221. Transit Number 81-766
Officers

Herbert H. McAdams_____ President
Fred Carter__________Sr. Vice Pres.
O’Dell A. Sanders-_Exec. Vice Pres.
& Cashier
Donald Timms______Asst. Vice Pres.
L. D. Walker, Jr_____ Asst. Cashier
LaWanda Timms_____ Asst. Cashier

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

STATEMENT OF JUNE 30. 1956
Liabilities
Resources
Capital s t o c k __________$
Loans and discounts___ $ 712,853.61
Surplus fund __________
U. S. Gov’t obligations_ 100,500.00
Undivided p r o fit s _____
Other bonds and
securities____________
17,000.00 Reserves ______________
Furniture and fixtures_
1,000.00 Total capital
accounts_$ 306,433.39
Banking h ou se_________
4,000.00
Cash and due from banks 340,756.18
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Deposits of ban k s______
Total dep.
869,676.40
Total



$1,176,109.79

Total

125,000.00
100,000.00
76,694.25
4,739.14

451,299.83
159,736.14
10,098.36
208,776.93
39,765.14

$1,176,109.79

68

State of Arkansas: Bank Department

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population 2,484. Chicot County
Chartered October 14, 1937. Telephone No. AN 5-2241. Transit Number 81-598
Directors

Officers

W. T. Wynn_______________ President
E. T. Cashion___ Exec. Vice President
J. B. Gillison_________Vice President
James S. Suitt______________ Cashier
Mrs. Dessie Lee Gibbs_Asst. Cashier
Joyce Bell_____________ Asst. Cashier

Ben Angel
D. W. BrooksJ. H. Burge
E. T. Cashion

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

STATEMENT OF JUNE 30, 1956
Liabilities
Capital s t o c k __________$ 100,000.00
Loans and discounts___ $1,151,226.30
Surplus f u n d __________
100,000.00
Overdrafts ____________
1,681.59
Undivided p r o fit s ______ 100,216.56
U. S. Gov’t obligations_ 689,900.00
Reserves ______________
19,508.62
Other bonds and
securities____________
419,410.64 Total capital
accounts_$ 319,725.18
Furniture and fixtures_
8,609.00
Banking h o u se _________
4,000.00
Demand deposits_______ 1,609,453.36
Cash and due from banks 510,160.80
Time deposits _________ 477,094.21
U. S. Gov’t deposits___
14,224.64
Public fu n d s ___________
363,135.42
Total dep. __$2,463,907.63
Resources

Other liabilities________
T o ta l__________________ $2,784,988.33

1,355.52

T o ta l__________________ $2,784,988.33

CITIZENS BANK OF LAVACA, LAVACA
Population 373. Sebastian County
Chartered May 5, 1910.
Telephone Number 2341.
Transit Number 81-378
TYi I ' p p t a i *c]

fii* p i* c

W. D. West______________ President
J. M. Llewellyn_____ Vice President
and Cashier
R. E. Strang__________Asst. Cashier

W. J. Echols
J. M. Llewellyn

W. D. West

STATEMENT OF JUNE 30, 1956
Liabilities
Capital s t o c k __________$ 15,000.00
Loans and discounts___ $ 172,967.17
U. S. Gov’t obligations_ 174,588.30
Surplus fund __________
15,000.00
Other blonds and
23,169.71
Undivided p rofits_______
securities____________
40,756.74 Total capital
accounts_$ 53,169.71
Furniture and fixtures_
1,000.00
Banking h ou se _________
600.00
Cash and due from banks 169,132.00 Demand deposits_______ 395,203.65
Time deposits _________
29,946.24
U. S. Gov't deposits___
"3,276.77
Public fu n d s ___________
77,447.84
Total dep. __$ 505,874.50
Resources

Total



$ 559,044.21

Total

$ 559,044.21

69

Forty-Second Report

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

Mississippi County

Telephone Number 82.

Officers

Transit Number 81-769
Directors

J. Lee Bearden___________ President
J. L. Swihart_________Vice President
Robert Braden______________ Cashier
Fred F. Alexander____ Asst. Cashier

J. Lee Bearden
Nelson Henry

J. L. Swihart
Louis Weinburg

STATEMENT OF JUNE 30, 1956
Liabilities

Resources

Loans and discounts___ $ 687,505.67
2.31
Overdrafts ____________
U. S. Gov’t obligations_
25,000.00
Furniture and fixtures_
10,896.65
5,441.66
Banking h ou se_________
Other real e s ta te ______
1,300.00
Cash and due from banks 219,725.59

T ota l__________________ $ 949,871.88

Capital stock
$
Surplus fund
__
Undivided profits
Total capital
accounts_$ 118,756.20
Demand deposits _
Time deposits
____
Public funds
Total dep. __$ 831,115.68

50,000.00
50,000.00
18,756.20

529,860.12
131,599.18
169,656.38

T ota l__________________ $ 949,871.88

LITTLE RIVER BANK, LEPANTO
Population 1,683.

Poinsett County

Chartered November 21, 1919. Telephone Number 108. Transit Number 81-622
Officers

Directors

D. F. Portis______________President
B. H. Murphy_______ Vice President
J. C. Portis__________ Vice President
A. T. Bell__________________ Cashier
Will J. Riddick_______ Asst. Cashier
W. L. Hodges________ Asst. Cashier

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

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

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

Loans and discounts___ $1,680,331.21
U. S. Gov’t obligations-_
49,593.76
Other bonds and
securities____________
115,092.50
Furniture and fixtures_
1.00
Cash and due from banks 459,346.75

Capital s t o c k __________ $ 100,000.00
Surplus fund T_________ 200,000.00
Undivided p r o fit s ______
40,344.30
Reserves ______________
9,373.80
Total capital
accounts_$ 349,718.10
Demand deposits_______ 1,458,285.20
Time d ep osits________
242,422.28
U. S. Gov’t deposits___
6,544.26
Public fu n d s ___________
247,395.38
Total dep. __$1,954,647.12

Total



$2,304,365.22

Total

$2,304,365.22

70

State of Arkansas: Bank Department

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

Searcy County

Telephone Number 60.

Officers
Rex Killebrew_____________ President
Arthur J. Siegel_____ Vice President
& Cashier

Transit Number 81-761

Directors
J. Virgil Blair
Page H. Thomas
Rex Killebrew
Arthur J. Siegel

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 265,195.86
U. S. Gov’t obligations_ 248,860.04
Other bonds and
securities____________
22,406.50
Furniture and fixtures_
1,989.95
Cash and due from banks 174,781.99
Other resources ________
305.81

Total

$ 713,540.15

Liabilities
Capital s t o c k __________:
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts__$ 69,783.25
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. — $ 643,756.90
Total

25.000. 00
25.000. 00
19,783.25

360,554.04
256,262.54
6,056.25
20,884.07

$ 713,540.15

PEOPLES BANK AND LOAN COMPANY, LEWISVILLE
Population 1,237.
Chartered August 25, 1911.

Lafayette County

Telephone Number 98.

Officers
W. D. Stewart____________President
J. C. Landes___ Exec. Vice President
& Cashier

Transit Number 81-475

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $
Overdrafts ____________
U. S. Gov’t obligations
Other bonds’ and
securities____________
Furniture and fixtu res_
Banking house ________
Cash and due from banks
Other resources________

Total



627,721.48
142.81
557,985.94
454,532.87
9,060.39
15,000.00
416,486 47
5,862.23

$2,086,792.19

Liabilities
Capital stock __________$
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts__$ 151,766.12
Demand deposits ______
Time deposits ________
U. S. Gov’t deposits___
Public funds __________
Total dep. —$1,935,026.07
Total

50,000.00
75,000.00
26,766.12

937,258.22
818,321.57
15,194.69
164,251.59

$2,086,792.19

71

Forty-Second Report

BANK OF LINCOLN, LINCOLN
Population 771. Washington County
Chartered March 19, 1903. Telephone Number 4-1191. Transit Number 81-384
Officers
W. T. Shannon___________ President
J. A. English________Vice President
B. J. Basden________________ Cashier
C. C. Karnes__________Asst. Cashier

B. J. Basden
E. W. Baugh
J. A. English
H. A. Lewis

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

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Capital s t o c k __________
Loans and discounts__ $ 449,431.10
1,294.53 Surplus fund __________
Overdrafts ____________
U. S. Gov’t obligations_ 416,500.00 Undivided p r o fit s ______
Total capital
Other bonds and
accounts_$ 126,611.79
securities____________
107,315.00
Furniture and fixtures_
1.00
Banking house ________
2,000.00 Demand deposits ______
Cash and due from banks
303,248.88 Time deposits__________
U. S. Gov’t deposits___
Public funds __________
Total dep. —$1,153,178.72
Total

$1,279,790.51

Total

25.000. 00
25.000. 00
76,611.79

853,439.98
253,831.79
4,536.35
41,370.60

$1,279,790.51

BANK OF ARKANSAS, LITTLE ROCK
Population 102,213. Pulaski County
Chartered October 5, 1955. Tel. No. MOhawk 6-5404. Transit Number 81-780
Officers
B. T. Harris______________ President
George W. Wilson----- Vice President
& Cashier

Directors
E. L. Gaunt
Dabbs Sullivan
J. Herbert Graves Beloit Taylor
B. T. Harris
Wm. H. Thompson
Worth James
M. D. Turnage
Mrs. J. B Ledbetter George W. Wilson
E. L. McHaney, Jr. Edward L. Wright
H. F. Minnis
Kenneth P. Wilson

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $1,021,932.41
Capital s t o c k __________ $ 200,000.00
50,000.00
U. S. Gov’t obligations_ 100,070.31 Surplus f u n d __________
Other bonds and
Undivided p r o fit s ______
29,291.66
securities____________
7,500.00 Total capital
Furniture and fixtures_
23,234.43
accounts._$ 279,291.66
53,564.42
Banking h ou se_________
Cash and due from banks 454,749.46 Demand deposits_______ 1,091,072.77
Other resources________
3,500.00 Time deposits _________ 149,053.54
U. S. Gov’t deposits___
20,133.06
Public fu n d s ___________
70,000.00
Deposits of ban k s______
55,000.00
Total d e p ._$1,385,259.37
Total



$1,664,551.03

Total

$1,664,551.03

72

State of Arkansas: Bank Department

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 JUNE 30, 1956
Resources
Loans and discounts___ !
Other bonds and
securities____________
Furniture and fixtures_
Other real e s ta te ______
Cash and due from banks
Other resources ________

7,473.07
1,821.37
131,532.23
4,344.12
191,901.21

Total

382,972.83

45,900.83

Liabilities
Capital s t o c k __________!
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 379,008.64
Other liabilities
Total

176,700.00
17,670.00
184,638.64

3,964.19
382,972.83

PULASKI HEIGHTS BANK, LITTLE ROCK
Population 102,213.

Pulaski County

Chartered August 29, 1955. Tel. No. MOhawk 3-6301. Transit Number 81-779
Officers
John J. Truemper, Sr_____ President
Robert S. Taylor_____ Vice President
& Cashier

Directors
A. B. Corder
James T. McKinnon
Leon P. Fields
J. J. Truemper, Sr.
James F. Hewitt Eugene R. Warren
A. Walton Litz

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

Total




429,321.08
278,356.26
150,000.00
37,622.21
79,310.92
382,483.52
2,054.88

$1,359,148.87

Liabilities
Capital s t o c k __________$ 200,000.00
Surplus fund __________
40,000.00
Undivided p r o fit s ______
35,795.95
Total capital
accounts_$ 275,795.95
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Deposits of banks______
Total d e p ._$1,083,352.92
Total

758,677.21
142,877.54
16,096.68
140,701.49
25,000.00

$1,359,148.87

Forty-Second. Report

73

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

Pulaski County

Tel. No. FRanklin 4-4392.

Officers
James H. Penick___________ 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. Penick____ Vice President
W. G. Cobb___________ Vice President
E. 0. Manees_________ Vice President
M. S. Heim_____Asst. Vice President
Louis East_____ Asst. Vice President
R. M. McCown__ Asst. Vice President
C. L. Tarleton_Asst. Vice President
Emmett L. Darr_____________ Cashier
G. L. Alexander______ Asst. Cashier
Alvin J. Reap, Jr--------- Asst. Cashier
Frank J. Moser________ Asst. Cashier
Simpson Wilbourn_____ Asst. Cashier
James Penick, Jr._Asst, to President
A. F. Williams__ Asst. Trust Officer
Richard F. Gates_______Special Rep.
M. L. Hogan________________ Auditor

Transit Number 81-7
Directors

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

STATEMENT OF JUNE 30, 1956
Resources

Loans and discounts__ $21,004,616.84
Overdrafts ___________
160.37
U. S. Gov’t obligations- 18,841,753.61
Other bonds and
securities___________ 5,907,315.58
Furniture and fixtures140,000.00
Banking h ou se________
400,000.00
Cash and due from banks 19,307,122.00
Other resources_______
106,202.61

Liabilities
Capital s t o c k ------------- $ 1,000,000.00
Surplus f u n d _________ 2,000,000.00
Undivided p r o fit s _____
467,973.10
Reserves _____________
212,957.08
Total capital
accounts_$ 3,680,930.18
Demand deposits______ 30,960,301.96
Time deposits ________ 12,656,646.35
U. S. Gov’t deposits__
820,402.01
Public fu n d s __________ 8,572,411.45
Deposits of ban k s_____ 9,006,073.98
Total dep.-$62,015,835.75
Other liabilities_______

Total




$65,707,171.01

Total

10,405.08
$65,707,171.01

74

State of Arkansas: Bank Department

BANK OF LOCKESBURG, LOCKESBURG
Population 714.
Chartered October 14, 1902.

Sevier County

Telephone Number 78.

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

Transit Number 81-385

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 163,890.05
U. S. Gov’t obligations_ 206,400.00
Other bonds and
47,827.39
securities---------1.00
Furniture and fixtures_
Banking h o u se _________
900.00
Cash and due from banks 147,647.98

Total

$ 566,666.42

Liabilities
Capital s t o c k __ _____$
Surplus f u n d ___ ______
Undivided p r o fit s ______
Reserves ___ __________
Total capital
accounts_$ 84,520.22

25,000.00
27,000.00
14,246.32
18,273.90

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public f u n d s ________
Total d e p ._$ 482,146.20

358,251.73
84,479.27
2,101.80
37,313.40

$ 566,666.42

Total

FIRST STATE BANK, LONOKE
Population 1,556.

Lonoke County

Chartered March 19, 1935. Tel. No. O'Range 6-6357.
Officers
J. O. Bennett_____________President
W. H. Bransford_____ Vice President
Arthur Herring_____________ Cashier
E. L. White____________ Asst. Cashier

Transit Number 81-200

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,199,130.42
Overdrafts ____________
155.66
U. S. Gov’t obligations_ 454,051.56
Other bonds and
securities____________
371,452.74
Furniture and fixtures_
12,798.40
Banking h o u se _________
1.00
Cash and due from banks 332,316.29
Other resources________
1,388.11

Total



$2,371,294.18

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus f u n d __________
60,000.00
Undivided p r o fit s ______ 127,343.89
Total capital
accounts_$ 237,343.89
Demand deposits_______ 1,619,723.77
Time deposits _________
93,706.65
U. S. Gov’t deposits___
16,134.70
Public fu n d s ___________
379,385.17
Deposits of banks_______
25,000.00
Total d e p ._$2,133,950.29
Total

$2,371,294.18

Forty-Second Report

75

FARMERS BANK AND TRUST COMPANY, MAGNOLIA
Population 6,918.

Columbia County

Chartered September 26, 1906. Telephone Number 1. Transit Number 81-163
Officers
R. S. Warnock, Jr-------------President
W. L. Jameson, Jr----- Vice President
W. N. Paschal_______ Vice President
R. S. Foster_________ 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 V. B. Wood

STATEMENT OF JUNE 30, 1956
Resources

Loans and discounts____ $ 424,001.75
U. S. Gov’t obligations_ 6,124,775.52
Other bonds and
securities_______ 405,419.41
19,917.00
Furniture and fixtures__
Banking h ou se____
31,967.00
Cash and due from banks 1,236,185.28

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus fund __________ 200,000.00
Undivided p r o fit s ______ 302,467.71
Reserves ______________
11,636.60
Total capital
accounts_$ 564,104.31
Demand deposits_______ 5,962,448.40
Time deposits _________ 1,390,453.65
U. S. Gov’t deposits___
29,284.14
295,975.46
Public fu n d s___________
Total dep. __$7,678,161.65

T o ta l__________________ $8,242,265.96




T ota l__________________ $8,242,265.96

76

State of Arkansas: Bank Department

BANK OF MALVERN, MALVERN
Population 8,072. Hot Spring County
Chartered June 24, 1889. Telephone Number 2066.
Transit Number 81-131
Officers
J. Elmo Young____________ President
Ray N. Boyle________ Vice President
Wm. H. Glover_______ Vice President
Foy G. Ritchey_____________ Cashier
Hester H. Smith_______ Asst. Cashier
Paul E. Bowdle________ Asst. Cashier
Edward L. Tull_________ Asst. Cashier
John R. Thomason_____ Asst. Cashier

Directors
Mrs. Flora B. Adams Jester Jones
Ray N. Boyle
Chas. S. Smith
Zerah T. CaJdwell
J. Elmo Young
Wm. H. Glover
Tom R. Young

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $1,174,393.95
Capital stock
$ 100,000.00
3,363.32
Overdrafts
Surplus f u n d __
100,000.00
U. S. Gov’t obligations_ 1,959,281.25
Undivided profits _ ____
121,587.44
Other bonds and
Reserves _
__
44,771.53
382,554.06
securities
Total capital
7,021.37
Furniture and fixtures_
accounts_$ 366,358.97
Banking house
1,750.00
Cash and due from banks 1,326,781.62 Demand deposits_ _
3,519,986.91
Other resources _ _
81.43
Time deposits
___
261,359.95
U. S. Gov’t deposits___
88,917.61
Public funds
______
601,461.67
Deposits of banks ___
16,447.92
Total dep. —$4,488,174.06
Other liabilities
Total

$4,855,227.00

Total

693.97
$4,855,227.00

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
Auda M. Culver
J. B. Plumlee
Cloy H. Culver
M. H. Powell
W. L. Miller

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Capital s t o c k __________I
Loans and discounts___ $ 154,360.27
Surplus f u n d __________
Overdrafts ____________
107.55
U. S. Gov’t obligations_ 538,726.90
Undivided p r o fit s ______
Total capital
Other bonds and
accounts_$ 84,171.75
securities____________
581.51
Furniture and fixtures-211.00
Banking house ________
1.00 Demand deposits_______
Cash and due from banks 193,038.80 Time deposits _________
U. S. Gov’t deposits-___
Public fu n d s ___________
Total d e p ._$ 802,855.28
Total



$ 887,027.03

Total

25.000. 00
10. 000. 00
49,171.75

719,433.53
47,200.00
1,371.00
34,850.75

$ 887,027.03

Forty-Second Report

77

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
James B. Cheadle____ _Asst. Cashier

Transit Number 81-710

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts____ $ 532,558.78
U. S. Gov’t obligations-_
29,506.25
Other bonds and
securities_______
31,000.00
Furniture and fixtures__
9,515.52
Banking h ou se____
6,099.70
Cash and due from banks 290,959.46

.$ 899,639.71

Total

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts. _$ 162,890.99

75.000. 00
50.000. 00
37,890.99

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 736,748.72

430,445.09
128,721.05
2,651.45
174,931.13

Total

899,639.71

BANK OF MANSFIELD, MANSFIELD
Population 869.
Chartered February 16, 1939.

Sebastian County

Telephone Number 7.

Officers
W. W. Holbrook___________President
Gilmer K. Dixon______Vice President
B. R. Holbrook______________ Cashier
Marie Kelley___________Asst. Cashier

Transit Number 81-249

Directors
Gilmer K. Dixon
W. W. Holbrook
B. R. Holbrook
S. M. Taylor
G. R. Holbrook
G. C. Woods

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations..
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

255,455.21
39.64
774,991.25
230,634.60
3,000.00
3,000.00
279,625.65

T o t a l___________________ $1,546,746.35



Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 158,244.89
Demand deposits_______
Time deposits _________
U. S. Gov't deposits___
Public fu n d s ___________
Total d e p ._$1,388,501.46

30,000.00
45,000.00
28,139.17
55,105.72

880,881.14
328,513.75
15,480.96
163,625.61

T o t a l___________________ $1,546,746.35

78

State of Arkansas: Bank Department

FARMERS AND MERCHANTS BANK, MARIANNA
Population 4,530. Lee County
Chartered January 9, 1942. Telephone Number 585. Transit Number 81-744
Officers
H. L. Petty_______________ President
W. V. Moye_____i ____Vice President
W. R. Jones___ Vice Pres. & Cashier
Mrs. Nelle R. Stallings_Asst. Cashier
Mrs. Margaret D. Harris_____ Asst.
Cashier

Directors
E. D. Conner
W. P. Mixon
Thos. H. Gist
W. V. Moye
A. C. Mahan, Jr. H. L. Petty
Glenn U. Miller
Henry B. White
John F. Miller
Harvey W. Wilson

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $1,366,580.74
Capital s t o c k __________$ 50,000.00
Overdrafts ____________
130.17
100,000.00
Surplus fund __________
U. S. Gov’t obligations_
83,607.50
Undivided p r o fit s ______
80,274.24
Other bonds and
Reserves ________________
21,259.62
Total capital
securities____________
19,500.00
15,213.05
accounts_$ 251,533.86
Furniture and fixtures_
Cash and due from banks 651,738.63
Demand deposits_______ 1,545,360.12
Other resources________
2,381.71
Time deposits _________
194,410.69
U. S. Gov’t deposits___
7,350.60
Public fu n d s___________
140,496.53
Total dep. __$1,887,617.94
Total

$2,139,151.80

T o ta l__________________ $2,139,151.80

CITIZENS BANK, MARION
Population 883. Crittenden County
Chartered March 15, 1938.
Telephone Number 1.
Transit Number 81-742
Officers
J. F. Fogleman____________President
A. J. Lumpkin____________ Cashier
Mary L. Hoskins---------Asst. Cashier

Directors
Perry Barton
A. J. Lumpkins
Wilson P. Barton
J. C. Mann
J. F. Fogleman
Dana F. Sulcer
Allen B. Helms

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $ 928,497.22
Capital s t o c k __________$ 50,000.00
Overdrafts -----------------309.41
Surplus f u n d __________
50,000.00
U. S. Gov’t obligations— 847,900.00 Undivided p r o fits ______
63,276.96
Total capital
Other bonds and
securities____________
204,533.09
accounts_$ 163,276.96
Furniture and fixtures—
16,855.02
Banking h ou se-------------58,239.15 Demand deposits_______ 1,243,526.15
Other real e s ta t e ______
1.00 Time deposits _________ 265,931.25
Cash and due from banks 390,215.54
U. S. Gov’t deposits___
2,971.20
Public fu n d s ___________
770,844.87
Total dep. —$2,283,273.47
Total



$2,446,550.43

Total

$2,446,550.43

79

Forty-Second Report

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
Louis H. Goad_______________Cashier John Brunner, Jr.
L. V. Ritter, Jr.
Helen Stewart_________Asst. Cashier
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts_$1,604,301.59
Overdrafts -----------------18.85
U. S. Gov’t obligations. _ 641,500.00
Other bonds and
securities_______
9,000.00
Furniture and fixtures__
8,950.40
1,604.63
Banking h ou se____
Cash and due from banks 575,564.11

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus fund __________
100,000.00
Undivided p r o fit s _____
90,504.75
Reserves ______________
10,509.96
Total capital
accounts__$ 251,014.71

$2,840,939.58

T ota l__________________ $2,840,939.58

Total

Demand deposits_______ 2,038,656.31
Time deposits _________ 328,563.18
U. S. Gov’t deposits----15,387.78
Public fu n d s ___________
207,317.60
Total dep. __$2,589,924.87

THE CITIZENS BANK, MARSHALL
Population 1,189.

Searcy County

Chartered February 26, 1940. Telephone Number 27.
Officers
Mrs. Mary Massey________President
James C. Mays_Vice Pres. & Cashier
Mrs. Jimmie L. Falls__ Asst. Cashier

Transit Number 81-715

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts
_ _
U. S. Gov’t obligations_
Other bonds and
securities__ ___ ____
Furniture and fixtures_
Banking house
— _ _
Other real es ta te ___
Cash and due from banks

Total



393,682.78
3.74
306,984.38
250,226.23
3,543.40
9,128.32
4,129.38
559,249.35

$1,526,947.58

Liabilities
Capital stock
$
Surplus fund
_____
Undivided profits
__
Total capital
accounts_$ 94,251.36
Demand deposits______
Time deposits
U. S. Gov’t deposits___
Public funds
_ ___
Total dep. __$1,432,696.22
Total

25,000.00
35,000.00
34,251.36

822,211.72
515,138.23
5,705.71
89,640.56

$1,526,947.58

80

State of Arkansas: Bank Department

BANK OF MARVELL, MARVELL
Population 1,121.

Phillips County

Chartered January 8, 1903. Telephone Number 2564. Transit Number 81-393
Officers
Weldon Jackson___________ President
H. B. Willis_____Exec. Vice President
& Cashier
Edmund Hirsch_____ Vice President
F. H. Webster_______ Vice President
Evelyn S. Cooke_____ Asst. Cashier

Directors

Saul Davidson
K. J. Graves
Edmund Hirsch
Weldon Jackson

Rachel Swift
F. H. Webster
H. B. Willis

STATEMENT OF JUNE 30, 1956
Resources

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

Total




968,836.77
111,700.00
100,477.50
1.00
1.00
281,000.47
654.00

$1,462,670.74

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fits ______
Reserves ______________
Total capital
accounts_$ 172,665.54

50,000.00
50,000.00
22,665.54
50,000.00

Demand deposits_______ 1,212,946.98
Time deposits _________
4,000.00
U. S. Gov’t deposits___
9,866.58
Public fu n d s ___________
63,191.64
Total d e p ._$1,290,005.20
Total

$1,462,670.74

81

Forty-Second Report

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

Woodruff County

Telephone Number 3221.

Officers
I. N. Arnof_______________President
Vance M. Thompson_Vice President
John D. Eldridge, Jr.__Vice President
Otto Miller____ Exec. Vice President
Curtis A. Houston__________Cashier
Ruth F. Hale_________ Asst. Cashier
James W. Taylor_____ Asst. Cashier
Jean C. Beeson_______ Asst. Cashier
Donald Cain__________ Asst. Cashier

Transit Number 81-261

Directors
I. N. A m of
Vance M. Thompson
John D. Eldridge, Jr.

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,055,674.01
Overdrafts ____________
14,153.29
U. S. Gov’t obligations_ 555,000.00
Other bonds and
698,121.53
securities____________
Furniture and fixtures_
17,610.08
48,776.31
Banking h ou se_________
Cash and due from banks 525,412.57
Other resources ________
2.00

T o ta l__________________ $2,914,749.79




Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 227,045.74

75,000.00
75,000.00
75,064.42
1,981.32

Demand deposits_______ 2,189,496.08
Time deposits _________ 350,872.21
U. S. Gov’t deposits___
10,054.15
Public fu n d s ___________
137,281.61
Total dep. __$1,687,704.05
T ota l__________________ $2,914,749.79

82

State of Arkansas: Bank Department

McGEHEE BANK, McGEHEE
Population 3,854. Desha County
Chartered December 5, 1933. Tel. No. CAnal 2-3151. Transit Number 81-585
Officers
R. G. Verser_____Chairman of Board
Sam Bowman_____________President
J. W. Willoughby, Jr._Vice President
Mark E. Sherland, Jr-------- Asst. Vice
President
J. R. Rich__________________ Cashier
J. B. Morgan__________Asst. Cashier

R. L. Beck
Sam Bowman
J. T. Clower
D. C. Loyd
W. A. Smith

Directors
R. B. Stone
W. R. Stephens
R. G. Verser
J. W. Willoughby, Jr.

STATEMENT OF JUNE 30. 1956
Liabilities
Resources
Capital s t o c k __________$ 200,000.00
Loans and discounts___ $2,669,703.18
Surplus fund __________ 200,000.00
Overdrafts ____________
1,652.67
U. S. Gov t obligations_ 802,607.56
Undivided p r o fit s ______
93,945.41
33,310.10
Reserves ______________
Other bonds and
Total capital
securities____________ 1,304,190.05
accounts_$ 527,255.51
Furniture and fixtures_
12,761.90
Cash and due from banks 848,730.21
Demand deposits_______ 2,887,115.86
2,136.28
Other resources________
Time deposits _________ 1,559,886.67
U. S. Gov’t deposits___
149,119.73
Public fu n d s ___________
508,787.38
Total dep. _.$5,104,909.64
Other liabilities-----------Total

$5,641,781.85

9,616.70
$5,641,781.85

Total

BANK OF MELBOURNE, MELBOURNE
Population 568. Izhrd 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
Tom Simpson

A. J. Younger

STATEMENT OF JUNE 30. 1956
Resources
Liabilities
Loans and discounts___ $ 296,142.37
Capital stock __________$ 25,000.00
Overdrafts ____________
62.83
25,000.00
Surplus fund
________
U. S. Gov’t obligations_ 396,000.00 Undivided p r o fit s __ ___
34,236.99
Other bonds and
1,500.00
Reserves . . .
securities____________
29,109.80
Total capital
Furniture and fixtures_
1.00
accounts_$ 85,736.99
Banking h ou se_________
1.00
Cash and due from banks 206,105.85
Demand deposits ______ 751,816.32
U. S. Gov’t deposits___
5,832.27
84,037.27
Public funds _________
Total d e p ._$ 841,685.86
Total



$ 927,422.85

Total

.$ 927,422.85

Forty-Second Report

83

THE UNION BANK OF MENA, MENA
Population 4,445.
Chartered July 25, 1934.

Polk County

Telephone Number 85.

Transit Number 81-98
TlirArtnfH

W. J. Lauck_______________ President
Bill Lauck Wood_____ Vice President
W. L. Boyd_____ Exec. Vice President
& Cashier
C. C. Crowell__________Asst. Chshier
Mrs. Ramona Hensley_Asst. Cashier

W. L. Boyd
C. C. Crowell

W. J. Lauck
Bill Lauck Wood

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

Loans and discounts____$ 805,297.73
Capital s t o c k __________$ 75,000.00
U. S. Gov’t obligations_ 1,034,963.13
50,000.00
Surplus f u n d __________
Other bonds and
Undivided p r o fit s ______
95,883.14
securities____________ 269,665.40 Total capital
Furniture and fixtures_____________ 8,904.08
accounts—$ 22:0,883.14
Banking h ou se_________
9,060.90'
Cash and due from banks 589,477.86 Demand deposits_______ 2,218,033.45
Time deposits _________
90,042.32
U. S. Gov’t deposits___
16,777.49
Public fu n d s ___________
171,632.70
Total d e p ._$2,496,485.96
T o ta l__________________ $2,717,369.10

T ota l__________________ $2,717,369.10

MONETTE STATE BANK, MONETTE
Population 1,114.

Craighead County

Chartered December 29, 1936. Telephone Number 50. Transit Number 81-724
Officers

Directors

Claude Finch______________President
F. H. Heise________________ Cashier
Thurman Miller________Asst. Cashier

Nathan Deutsch
Claude Finch
Charles Frierson

F. H. Heise
Lloyd Latta

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

Loans and discounts___ $1,582,293.21
U. S. Gov’t obligations_
41,000.00
Furniture and fixtures_
10,832.77
Banking h ou se_________
7,610.96
Cash and due from banks 313,738.56

Capital s t o c k __________ 1 50.000. 00
Surplus f u n d __________
50.000. 00
Undivided p r o fit s ______ 100,888.23
Total capital
accounts_$ 200,888.23
Demand deposits_______ 1,393,452.52
Time deposits _________ 243,137.62
Public funds___________
117,997.13
Total d e p ._$1,754,587.27

Total



$1,955,475.50

Total

$1,955,475.50

84

State of Arkansas: Bank Department

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

Drew County

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

J. A. Baxter
J. F. Brann
E. R. Lambert
J. D. McCloy
Joe McCloy

Directors
John B. Posey
James A. Ross
Joe Shelton
M. L. Sigman
Virgil J. Trotter, Jr.

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se _________
Other real e s ta te _____
Cash and due from banks
Other resources________

Total




624,405.57
839.07
521,600.00
366,809.70
500.00
3,000.00
1.00
396,358.10
632.12

$1,914,145.56

Liabilities
____ $
Capital stock
Surplus fund
__
Undivided profits
Reserves __
__
Total capital
accounts_$ 246,824.68

60,000.00
90.000. 00
36,824.68
60.000. 00

Demand deposits
1,390,784.35
Time deposits
72,645.76
U. S. Gov’t deposits___
14,662.73
189,228.04
Public funds
_ _____
Total d e p ._$1,667,320.88
Total

$1,914,145.56

85

Forty-Second Report

UNION BANK AND TRUST COMPANY, MONTICELLO
Population 4,501.

Drew County

Chartered September 15, 1915. Telephone Number 31. Transit Number 81-156
Officers

Directors

Charles W. Daniel_________ President
Mrs. Virginia Pierce__ Vice President
F. L. Lance_________________Cashier
Jimmie L. Taylor______ Asst. Cashier
Mrs. Aileen Coston____ Asst. Cashier

R. A. Adcock
Brown Calhoun
G. R. Campster
Chas. W. Daniel
Zach McClendon

Dr. J. P. Price
R. F. Trotter
V. J. Trotter
Adrian Williamson

STATEMENT OF JUNE 30. 1956
Resources

Liabilities

Loans and discounts___ $1,658,516.31
Overdrafts ____________
87.96
U. S. Gov’t obligations-_ 526,551.75
Other bonds and
securities____________ 1,597,242.54
Furniture and fixtures_
1.00
Banking h ou se_________
1.00
Cash and due from banks 698,938.97
Other resources________
444.96

Total

$4,481,784.49

Capital s to c k __________$
Surplus fund __________
Undivided p r o fit s _____
Reserves ______________
Total capital
accounts_$ 574,428.61

100,000.00
100,000.00
134,845.67
239,582.94

Demand deposits_______ 2,940,106.75
Time deposits _________ 279,984.79
U. S. Gov’t deposits___
57,301.20
Public fu n d s ___________
623,452.05
Deposits of b an k s_____
6,511.09
Total d e p ._$3,907,355.88
Total

$4,481,784.49

MORRILTON SECURITY BANK, MORRILTON
Population 5,483. Conway County
Chartered November 19, 1954. Telephone Number 34. Transit Number 81-777
Officers

Directors

Claude M. Farish__________President
Nathan Gordon_______Vice President
Paul vonAllmen_Exec. Vice President
& Cashier

Osco Coleman
W. G. Davis
Edward Gordon
Nathan Gordon
Paul von Allmen

Mayo Gordon
A. J. Meadors
Felix Schlosser
Claude M. Farish

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

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

Total



546,046.51
246,611.51
230,232.69
19,016.85
7,650.00
344,348.38

$1,393,905.94

Capital s t o c k __________1 100,000.00
Surplus f u n d __________
25,000.00
Undivided p r o fit s ______
42,400.89
Total capital
accounts__$ 167,400.89
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Deposits of ban ks_____
Total d e p ._$1,226,505.05
Total

905,360.53
154,221.75
8,761.78
119,860.99
38,300.00

$1,393,905.94

86

State of Arkansas: Bank Department

THE FIRST STATE BANK, MORRILTON
Population 5,483. Conway County
Chartered November 26, 1930. Telephone Number 10. Transit Number 81-144
R.
S.
L.
C.
H.
S.

Officers
H. Dickenhorst_________ President
E. McReynolds__ Exec. Vice Pres.
T. Oates___________ Vice President
E. Linebarger____________ Cashier
J. Kordsmeier______ Asst. Cashier
E. Callihan________ Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $1,630,781.53 Capital stock _
__ $ 100,000.00
129.86 Surplus fund _
150,000.00
Overdrafts ------------- _
218,498.87
U. S. Gov’t obligations_ 2,276,906.26 Undivided profits
Reserves
Other bonds and
52,703.96
421,597.18 Total capital
securities_____
30,000.00
accounts_$ 521,202.83
Banking house
1.00
Other real e s ta te _
Cash and due from banks 1,313,121.07 Demand deposits
_ _ 4,277,339.37
Time deposits _
690,455.98
U. S. Gov’t deposits___
51,060.68
Public fu n d s _
_ _ 130,656.06
Deposits of banks
1,821.98
Total dep. __$5,151,334.07
Total

$5,672,536.90

Total

$5,672,536.90

THE BANK OF MONTGOMERY COUNTY, MT. IDA
Population 566. Montgomery County
Chartered November 26, 1930. Telephone Number 149. Transit Number 81-404
Officers
R. A. Rice_________________ President
J. A. Rice____________ Vice President
A. S. Hulsey_______________ Cashier
Juanita Standridge____ Asst. Cashier

J. A. Rice
R. A. Rice

Directors
Sam Smith
Arthur Standridge

STATEMENT OF JUNE 30. 1956
Resources
Liabilities
Capital s t o c k __________$ 25,000.00
Loans and discounts___ $ 362,466.39
135.02 Surplus f u n d __________
35,000.00
Overdrafts ____________
27,562.27
U. S. Gov’t obligations_ 314,700.00 Undivided p r o fits ______
Other bonds and
Reserves ______________
8,511.75
securities____________
40,384.42
Total capital
accounts_$ 96,074.02
Furniture and fixtures_
4,994.25
Banking h o u se _________
990.10
Other real e s ta te _____
3,436.00 Demand deposits_______ 683,989.76
Cash and due from banks 292,219.96
Time deposits__________
146,126.67
U. S. Gov’t deposits___
13,652.11
79,483.58
Public fu n d s ___________
Total d ep ._$ 923,252.12
Total



$1,019,326.14

Total

..$1,019,326.14

87

Forty-Second Report

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

Baxter County

Telephone Number 6.

Officers
Powers L. Fowler_________President
Don J. Baker________ Vice President
Earle J. Bryant______ Vice President
Wylo Dyer___________ Vice President
Neil Nelson_________________ Cashier

Transit Number 81-402

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

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts____$1,086,295.13 Capital s t o c k __________ $ 50,000.00
100,000.00
Overdrafts ____________
67.67 Surplus f u n d --------------U. S. Gov’t obligations_ 1,082,361.28 Undivided p r o fit s --------- 103,269.96
Other bonds and
Reserves ______________
14,986.70
securities____________
266,544.46 Total capital
Furniture and fixtures_____________ 5,000.00
accounts_$ 268,256.66
1.00
Banking h ou se_________
Cash and due from banks 812,175.71 Demand deposits_______ 2,667,304.32
Time deposits _________
109,837.36
U. S. Gov’t deposits___
3,501.00
Public fu n d s ___________
203,545.91
Total d e p ._$2,984,188.59
Total

$3,252,445.25

Total

$3,252,445.25

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

Stone County

Telephone Number 2271.

Officers
Hubert Hinkle____________ President
H. S. Mabry, Jr______ Vice President
& Cashier
Marie Goodman________Asst. Cashier

Transit Number 81-403

Directors
Glen Hinkle
G. R. Sansom
Hubert Hinkle
E. B. Watts
H. S. Mabry, Jr.

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 272,167.36
U. S. Gov’t obligations_ 358,100.00
Other bonds and
securities____________
95,000.00
Furniture and fixtures_
3,082.44
Banking h ou se_________
900.00
Cash and due from banks 233,380.18

Total



.$ 962,629.98

Liabilities
Capital s t o c k __________!
Surplus f u n d __________
Undivided p r o f it s ______
Total capital
accounts_$ 129,677.30
Demand deposits_______
Public fu n d s ___________
Total d e p ._$ 832,952.68
Total

25.000. 00
60.000.00
44,677.30

740,085.67
92,867.01

$ 962,629.98

88

State of Arkansas: Bank Department

BANK OF MULBERRY, MULBERRY
Population 952.

Crawford County

Chartered January 15, 1902. Telephone Number 2591. Transit Number 81-257
Officers
S. B. Stevinson___________President
T. J. House__________Vice President
& Cashier
Mrs. T. J. House______ Asst. Cashier
C. D. Chastain________ Asst. Cashier

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

Directors
0. J. Kirksey
S. 13. Stevinson

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 380,088.99
592.02
Overdrafts ____________
U. S. Gov’t obligations. _ 298,600.00
Other bonds and
securities____________
96,626-54
Furniture and fixtures_
3,527.00
Banking h ou se_________
1.00
Cash and due from banks 515,622.44
Other resources________
714.00

$1,295,771.99

Total

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s _____
Total capital
accounts_$ 142,095.18

25,000.00
25,000.00
92,095.18

Demand deposits_______ 1,062,662.07
Time deposits _________
7,312.19
6,194.21
U. S. Gov’t deposits___
Public fu n d s ___________
77,508.34
Total dep. —$1,153,676.81
Total

$1,295,771.99

PIKE COUNTY BANK, MURFREESBORO
Population 1,079.
Chartered December 19, 1904.

Pike County

Telephone Number 5.

Officers
John Beavers______________ President
C. W. Darnall______________Cashier
Cleo Risner___________ Asst. Cashier

Transit Number 81-405

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se _________
Cash and due from banks
Other resources________

Total



581,614.57
248.95
530,796.88
311,343.45
4,000.00
4,000.00
556,274.82
1.00

$1,988,279.67

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 144,068.11

37,500.00
37,500.00
69,068.11

Demand deposits_______ 1,139,138.59
Time deposits _________ 411,790.78
Public fu n d s ___________
293,282.19
Total dep. —$1,844,211.56
Total

$1,988,279.67

89

Forty-Second Report

BANK OF NETTLETON, NETTLETON
Population 1,382.

Craighead County

Chartered February 13,1904. Tel. No. WEbester 2-2131. Transit Number 81-406
Officers

Directors

L. D. Kiech________________ President
Fred Shauver_________Vice President
E. E. Hale__________________ Cashier
R. E. Thomas__________Asst. Cashier

E. E. Hale
L. D. Kiech
Maurice C. Kiech

Veon C. Kiech
Fred Shauver

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

582,978.36
.49
668,937.50
110,341.00
4,900.00
14,800.00
303,557.74

T otal__________________ $1,685,515.09

Liabilities
Capital s t o c k __________$ 80,000.00
Surplus f u n d __________
110,000.00
Undivided p r o fit s ______
66,060.06
Total capital
accounts_$ 256,060.06
Demand deposits_______ 1,316,708.85
U. S. Gov’t deposits___
2,209.05
Public fu n d s___________
93,571.10
Deposits of b a n k s_____
16,966.03
Total d ep ._$1,429,455.03
T otal__________________ $1,685,515.09

BANK OF NEWARK, NEWARK
Population 913.

Independence County

Chartered October 10, 1944. Tel. No. PILgram 6-3221. Transit Number 81-748
Officers
W. J. Freeze______________ President
Stella Edwards_______Vice President
J. L. Magness_______________ Cashier
Houston House________Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 187,931.84
Overdrafts _
_ ______
67.26
U. S. Gov’t obligations_ 342,000.00
Other bonds and
8,000.00
securities________ _
1,600.00
Furniture and fixtures_
Cash and due from banks 243,199.96

Total

_




$ 782,799.06

Liabilities
Capital s to c k ____
$
Surplus fund - ___
Undivided p r o fit s _
Total capital
accounts_$ 76,210.47
Demand deposits
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 706,588.59
Total

_

25,000.00
25,000.00
26,210.47

639,279.44
3,810.00
63,499.15

_$ 782,799.06

90

State of Arkansas: Bank Department

BANK OF NEW EDINBURG, NEW EDINBURG
Population 500.

Cleveland County

Chartered August 22, 1904. Telephone Number 879J2. Transit Number 81-408
Officers
E. T. Attwood__ __________ President
Ray Attwood__________Vice President
& Cashier
Geneva Attwood_______Asst. Cashier

Directors
W. K. Parham

E. T. Attwood
Ray Attwood

STATEMENT OF JUNE 30, 1956
Resources

Liabilities

Loans and discounts----- $ 131,278.21
U. S. Gov’t obligations— 154,000.00
Other bonds and
18,107.89
securities------- — _
181.00
Furniture and fixtures_
51.00
Banking house _ _ _
66,978.10
Cash and due from banks
150.00
Other resources _

Total _ _ _ _ _




$ 370,746.20

Capital s t o c k _________ $
Surplus fund _ ________
Undivided profits
Total capital
accounts_$ 43,004.47

25.000. 00
10.000.00
8,004.47

Demand deposits _
Time deposits
_____
U. S. Gov’t deposits___
Public funds
__ __
Total dep. __$ 327,610.83

235,793.17
44,006.33
4,387.50
43,423.83

Other liabilities________

130.90

Total

_

_ $ 370,746.20

91

Forty-Second Report

MERCHANTS AND PLANTERS BANK, NEWPORT
Population 6,254. Jackson CountyChartered March 20, 1946. Telephone Number 225. Transit Number 81-756
Officers
P. L. Copeland____________ President
President
L. H. Conditt_Exec. Vice
W. A. McCartney_____ Vice President
R. W. Smith__________ Vice President
Ellen Giles_____________Asst. Cashier
Ada Marie Mink_______ Asst. Cashier
Nora Lee Wilson_______ Asst. Cashier
Anna Jean Hayden___ Asst. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,601,658.22
U. S. Gov’t obligations_ 507,328.13
Other bonds and
securities____________ 381,202.53
Furniture and fixtures_
17,561.65
Cash and due from banks 970,522.08
Other resources________
18.75

Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 303,583.40

75,000.00
100,000.00

91,020.27
37,563.13

Demand deposits_______ 2,047,802.66
Time deposits _________ 625,185.36
40,050.12
U. S. Gov’t deposits___
Public fu n d s ___________
317,575.54
Deposits of ban k s______ 144,066.78
Total dep. —$3,174,680.46
Other liabilities
Total

$3,478,291.36

Total

27.50
$3,478,291.36

JOHN MATTHEWS COMPANY, NORTH LITTLE ROCK
(Not engaged in commercial banking)
Population 44,097. Pulaski County
Chartered February 16, 1955.
Officers
John P. Matthews________ President
John P. Matthews, Jr._Vice President
Lucille Eggleston________ Secretary
Maurine Harris______Asst. Secretary

Telephone Number SKyline 3-3455
Directors
John P. Matthews
John P. Matthews, Jr.
Martha D. Matthews

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ : 314,997.42 Capital s t o c k __________!
Other bonds and
Surplus fund __________
securities____________
5,652.15 Undivided p r o fit s _____
Furniture and fixtures_
5,287.09 Reserves ______________
Other real es ta te ______
9,504.34 Total capital
Cash and due from banks
7,922.25
accounts_$ 160,939.87
Other resources ________ 129,826.59
Other liabilities
Total



$ 473,189.84

Total

100,000.00

52,730.72
8,009.05
200.10

312,249.97

.$ 473.189.84

92

State of Arkansas: Bank Department

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

Pulaski County

Chartered March 21, 1935. Tel. No. FRanklin 5-5361.
Officers

Transit Number 81-54
Directors

Henry O. Topf____________President
R. J. Rice___________Vice President
J. Grayson Dickson__________Cashier
W. R. Rice______Asst. Vice President
Ray O. Clifton________ Asst. Cashier
C. H. Fuller__________ Asst. Cashier

R. J. Rice
Henry 0. Topf

J. E. Wright

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $2,839,998.03
U. S. Gov’t obligations_ 4,698,900.00
Other bonds and
437,454.36
securities _
27,160.31
Furniture and fixtures_
21,000.00
Banking house
____
Cash and due from banks 1,965,059.41
Other resources
20.00

Liabilities
$ 150,000.00
Capital stock
Surplus fund
150,000.00
Undivided profits
227,240.88
Total capital
accounts_$ 527,240.88
Demand deposits
6,738,339.53
1,664,000.41
Time deposits
_ _
Public funds _
1,059,977.89
Total d e p ._$9,462,317.83
Other liabilities

T o ta l_




$9,989,592.11

Total

33.40
$9,989,592.11

Forty-Second Report

93

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

Mississippi County

Telephone Number 500.

Officers
G. H. Florida____ Chairman of Board
C. B. Wood______________ President
H. F. Ohlendorf______ Vice President
J. W. Farris__ Exec. Vice President
& Cashier
C. L. Anderson, Jr------- Asst. Cashier
Mary E. Balloue_______ Asst. Cashier
Loraine Owen_________ Asst. Cashier
Bill Landrum__________ Asst. Cashier
Nora Wise_____________Asst. Cashier

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

Transit Number 81-387
Directors
A. Liverant
H. F. Ohlendorf
C. B. Wood

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $3,474,108.91
Overdrafts ____________
179.20
U. S. Gov’t obligations_
57,425.00
Other bonds and
securities____________
114,683.87
13,276.27
Furniture and fixtures_
Banking h ou se_________
1.00
Cash and due from banks 1,244,752.22
Other resources________
1,840.99

Liabilities
Capital s t o c k __________$ 200,000.00
Surplus f u n d __________ 200,000.00
Undivided p r o fit s ______ 178,387.36
Total capital
accounts_$ 578,387.36

Total

Total




$4,906,267.46

Demand deposits_______ 2,946,746.05
Time deposits _________ 818,726.46
U. S. Gov’t deposits___
52,804.69
509,602.90
Public fu n d s ___________
Total d ep ._$4,327,880.10
$4,906,267.46

94

State of Arkansas: Bank Department

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

Mississippi County

Telephone Number 400.

Officers
L. C. B. Young____________President
C. E. Dean___________ Vice President
& Cashier
J. F. Herndon__________Asst. Cashier

J. T. Cromer
C. E. Dean

Transit Number 81-745
Directors
Nathan Weinburg
L. C. B. Young

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts----- $2,644,306.25
U. S. Gov’t obligations-_ 145,383.13
Other bonds and
. 259,252.85
securities__
7,662.63
Furniture and fixtures..
1.00
Banking house
1.00
Other real estate
Cash and due from banksi 876,735.66

Total _

____

$3,933,342.52

Liabilities
Capital stock _ _
$ 75,000.00
Surplus f u n d ___ _ _
175,000.00
Undivided p r o fit s _____
42,709.12
R e se rv e s _
____
23,729.02
Total capital
accounts_$ 316,438.14
Demand deposits _
2,175,328.79
Time deposits
___ 1,029,319.01
U. S. Gov’t deposits___
44,114.90
Public funds
_ ___
368,141.68
Total dep. —$3,616,904.38
Total

__ __

__ _

$3,933,342.52

BANK OF OZARK, OZARK
Population 1,757.

Franklin County

Chartered June 9, 1937. Telephone No. MOrris 7-5421. Transit Number 81-727
Officers
W. A. Hudspeth___________President
W. A. Hudspeth, Jr. Vice President
Don Smith__________________ Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 353,426.04
1,638.02
Overdrafts ___ ______
U. S. Gov’t obligations_ 1,142,308.77
Other bonds and
3,100.00
securities____________
Banking h ou se________
500.00
Cash and due from banks 662,205.45

Liabilities
Capital stock
____ $
Surplus f u n d _______ __
Undivided p r o fits ______
Total capital
accounts_$ 148,602.14

Demand deposits______ 1,874,192.60
Public funds
127,114.15
Deposits of ban k s______
10,000.00
Total dep. —$2,011,306.75
Other liabilities

T o t a l___________________ $2,163,178.28



50,000.00
75,000.00
23,602.14

3,269.39

T o t a l___________________ $2,163,178.28

95

Forty-Second Report

THE SECURITY BANK A N D TRUST COMPANY, PARAGOULD
Population 9,668.
Chartered February 5, 1931.

Greene County-

Tel. No. CEdar 2-7782.

Officers
James W. Alexander_____ President
S. P. McHaney________Vice President
E. R. Browning_____________ Cashier
Mary Bynum__________ Asst. Cashier
Reba Neely____________ Asst. Cashier
Scott Noel_____________ Asst. Cashier

Transit Number 81-82

Directors
J. W. Alexander
Sam McHaney
E. R. Browning
R. V. McCoy
Earl Gramling
L. G. Staub
J. A. Hancock
Ike Willcockson

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts____$1,596,009.19 Capital s t o c k __________ $ 100,000.00
Overdrafts ____________
256.71 Surplus fund __________ 100,000.00
U. S. Gov’t obligations___1,101,812.50 Undivided p r o fits ______ 135,877.50
Other bonds and
75,000.00
Reserves --------------------securities____________ 358,235.00 Total capital
accounts_$ 410,877.50
Furniture and fixtures_____________ 5,784.30
7,375.00
Banking h ou se_________
Cash and due from banks 739,223.56 Demand deposits_______ 1,951,969.36
Time deposits _________ 1,158,140.45
U. S. Gov’t deposits___
34,600.42
Public fu n d s ___________ 251,931.89
Total dep. __$3,396,642.12
Other liabilities________
Total




$3,808,696.26

Total

1,176.64
$3,808,696.26

96

State of Arkansas: Bank Department

BANK OF PARKDALE, PARKDALE
Population 385. Ashley County
Chartered February 1, 1910. Telephone Number 2181. Transit Number 81-416
Officers
J. A. Williams_____________ President
J. H. Caldwell________Vice President
J. P. Caldwell______________ Cashier

Directors
J. H. Caldwell
J. P. Caldwell

J. A. Williams

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts — $ 481,738.10
274.10
Overdrafts ____________
U. S. Gov't obligations_ 186,384.70
754.80
Furniture and fixtures_
109,395.66
Cash and due from banks

Liabilities
Capital s t o c k __________ I
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 99,897.50
Demand deposits ______
Time deposits__________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep.
678,649.86

Total

.$ 778,547.36

Total

30.000. 00
20.000. 00
47,897.50
2 , 000.00

592,624.34
31,755.00
3,815.60
50,454.92

$ 778,547.36

FIRST STATE BANK, PARKIN
Population 1,414. Cross County
Chartered June 5, 1925. Telephone Number 5-5401. Transit Number 81-676
Officers
H. L. Coldren____________ President
F. E. Brenner________Vice President
Mrs. G. D. Carter__ Exec. Vice Pres.
S. N. Green________________ Cashier
Mrs. A1 J. Crook_____ Asst. Cashier

Directors
F. E. Brenner
H. L. Coldren
F. E. Brenner, Jr. H. L. Coldren, Jr.
John A. Brenner S. N. Green
Mrs. G. D. Carter

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $ 588,381.82
U. S. Gov’t obligations_ 454,000.00
Other bonds and
securities____________
39,391.39
Furniture and fixtures_
11,432.77
Banking house ________
28,910.00
Cash and due from banks
284,912.57
Other resources ________
894.54

T o ta l___________________ $1,407,923.09



Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 156,069.11

50,000.00
50,000.00
56,069.11

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. __$1,236,654.41

901,947.74
204,706.99
11,010.74
118,988.94

Other liabilities________

15,199.57

T o t a l----------------------------- $1,407,923.09

97

Forty-Second Report

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
Nell T. Webb
Hugh H. Webb

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ !
Overdrafts ____________
U. S. Gov’t obligations_
Furniture and fixtures_
Banking house ________
Cash and due from banks

195,350.91
192.05
50,000.00
1,100.00
250.00
100,561.82

347,454.78

Total

Liabilities
Capital stock __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 61,964.71
------------------Demand deposits' ______
Time deposits _________
Public funds __________
Total dep.
285,490.07
Total

25,000.00
25,000.00
11,964.71

235,761.28
19,717.90
30,010.89

347,454.78

THE PERRY COUNTY BANK, PERRYVILLE
Population 674.

Perry County

Chartered December 8, 1945. Telephone Number 24.
Officers
J. D. Farish______________President
Joseph B. Lipsmeyer Vice President
H. E. VanDalsem___________ Cashier
J. H. Moore___________Asst. Cashier

Transit Number 81-752

Directors
J. D. Farish
H. E. VanDalsem
Mildred Farish
M. J. VanDalsem
Joseph B. Lipsmeyer

STATEMENT OF JUNE 30, 1956
Resources

Loans and discounts__ $ 293,842.67
U. S. Gov’t obligations — 191,000.00
Other bonds and
874.50
securities___ ___
1,367.64
Furniture and fixtures_
11,166.33
Banking h ou se___
261,238.53
Cash and due from banks

T o ta l__________________ $ 759,489.67




Liabilities

Capital stock _
___ $
Surplus f u n d _______
Undivided profits ______
Total capital
accounts_$ 62,986.86

25,000.00
15,000.00
22,986.86

Demand deposits _ _
Public f u n d s __ _ _ _
Total d ep ._$ 690,602.10

556,713.31
133,888.79

Other liabilities _______

5,900.71

Total *_________________ $ 759,489.67

98

State of Arkansas: Bank Department

PIGGOTT STATE BANK, PIGGOTT
Population 2,558. Clay County
Chartered March 10, 1930. Telephone Number 71. Transit Number 81-698
Directors

Officers

V. C. Wright______________ President
T. W. Leggett________Vice President
T. W. Leggett, Jr__________ Cashier
J. W. Harris___________ Asst. Cashier

J.
T.
T.
G.

W. Hamilton
W. Leggett
W. Leggett, Jr.
Will Reves

H. C. Robbins
John Staples
V. C. Wright

STATEMENT OF JUNE 30, 1956
Liabilities

Resources

Loans and discounts__ $ 551,105.08
U. S. Gov’t obligations_ 1,025,812.50
Other bonds and
securities____________
249,037.20
1,000.00
Furniture and fixtures_
Banking house ________
6,000.00
Cash and due from banks
343,290.57
Other resou rces_______
.83

$2,176,246.18

Total

Capital s t o c k --------------- $ 50.000. 00
50.000. 00
Surplus f u n d __________
Undivided p r o fit s --------- 102,732.60
100,000.00
Reserves ______________
Total capital
accounts_$ 302,732.60
Demand deposits_______ 1,438,999.69
Time deposits _________
138,400.17
U. S. Gov’t deposits___
14,976.75
Public fu n d s ___________
261,136.97
Deposits of b a n k s _____
20,000.00
Total d e p ._$1,873,513.58
$2,176,246.18

Total

FIRST STATE BANK, PLAINVIEW
Population 637. Yell County
Chartered January 12, 1934. Telephone Number 051. Transit Number 81-234
Officers

Directors

M. A. Vandover___________President
Donald Barger______ Vice President
Winfred Hopper_____________ Cashier
James A. Spencer_____ Asst. Cashier

Bill Aikman
Donald Barger
Eric Caviness
Wi-llie Caviness
B. J. Law

C. B. Law
J. C. Morse
M. A. Vandover
Noel A. Vandover

STATEMENT OF JUNE 30, 1956
Liabilities

Resources

Loans and discounts — $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures __
Banking h ou se------------Other real e s ta te ______
Cash and due from banks

Total



310,712.47
491.54
559,000.00
154,357.63
1.00
1.00
1.00
247,491.08

$1,272,055.72

Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 190,687.86

40,000.0?
40,000.00
95,687.86
15,000.00

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. __$1,081,367.86

878,281.2?
117,125.19
2,012.24
83,949.20

Total

$1,272,055.72:

Forty-Second Report

99

BANK OF POCAHONTAS, POCAHONTAS
Population 3,840.

Randolph County

Chartered October 31, 1903. Telephone Number 36.
Officers
Dr. J. W. Brown___________ President
Harry A. Belford__ Exec. Vice Pres.
Joe T. Wilson______________ Uashier
G. B. Johnson_________ Asst. Cashier
Wm. H. Holobaugh____Asst. Cashier

Transit Number 81-297

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

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts__ $1,234,263.93
Capital s t o c k __________I 87.500.00
Overdrafts ____________
15.08 Surplus fund __________
87.500.00
U. S. Gov’t obligations_ 1,025,600.00 Undivided p r o fits ______ 108,165.66
Other bonds and
Reserves ______________
4,401.28
securities____________ 226,253.15 Total capital
Furniture and fixtures_
5,205.60
accounts_$ 287,566.94
Cash and due from banks
764,419.48
Demand deposits ______ 2,262,260.89
Time d ep osits_________ 538,438.00
U. S. Gov't deposits___
27,459.33
Public funds __________
131,877.85
Deposits of ban k s______
8,154.23
Total d ep ._$2,968,190.30
Total

$3,255,757.24

Total

$3,255,757.24

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

Ashley County

Telephone Number 2361.

Officers
Gus Pugh_________________President
R. B. Newcome_______Vice President
C. E. Larrison______________ Cashier
Mack Borgognoni__ - _Asst. Cashier

Transit Number 81-247

Directors
R. B. Newcome
Bob Pugh
Felix Pugh

Gus Pugh
Joe Pugh
Tom Pugh

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Capital s t o c k __________ $ 20,000.00
Loans and discounts___ $ 803,720.47
100,000.00
U. S. Gov’t obligations_ 436,798.44 Surplus f u n d __________
Undivided p r o fit s ______ 140,084.81
Other bonds and
securities____________
150,254.44 Total capital
6,653.04
Furniture and fixtures_
accounts_$ 260,084.81
Banking h ou se_________
1,487.32
Other real e s ta te ______
1.00 Demand deposits_______ 1,195,382.32
149,378.07
Cash and due from banks 243,541.98 Time deposits _________
38,261.75
650.26 Public fu n d s ___________
Other resources________
Total dep. __$1,383,022.14
Total



$1,643,106.95

Total

$1,643,106.95

100

State of Arkansas: Bank Department

THE PEOPLES BANK, PORTLAND
Population 517.

Ashley County

Chartered January 22, 1908. Telephone Number 2961. Transit Number 81-248
Officers
Victor Edwards____________ President
Mrs. Mary Dean Pugh_Vice President
J. M. Tharp_________________ Cashier
Mrs. Mildred Pamplin_Asst. Cashier

Directors
George M. Brown Leroy Naff
Victor Edwards
Mrs. Mary D. Pugh
Edwin Gregory
Craig Shackelford

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 360,160.17
Overdrafts ____________
79.78
U. S. Gov’t obligations_ 313,200.00
Other bonds and
securities____________
50,000.00
Furniture and fixtures_
1,062.23
Cash and due from banks 136,173.53
Other resources________
1.00

T o ta l__________________ $ 860,676.71

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o f it s ______
Reserves ______________
Total capital
accounts_$ 119,550.16

25,000.00
50,000.00
39,550.16
5,000.00

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep.
741,126.55

627,462.88
51,761.09
9,613.87
52,288.71

T o ta l__________________ $ 860,676.71

CITIZENS BANK, POTTSVILLE
Population 224.

Pope County

Chartered August 13, 1913. Telephone Number 2431. Transit Number 81-551
Officers
-President
Morton Rankin____
Kenneth E. Owens----- Vice President
G. C. Owens _ - ~ ----------. Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts------$ 100,828.50
87,500.00
U. S. Gov’t obligations_
441.00
Furniture and fixtures.1.00
Banking house
55,233.61
Cash and due from banks
125.00
Other resources _

T o ta l__________________ $ 244,129.11



Liabilities
Capital stock _ _____ $
Surplus f u n d _________
Undivided p r o fit s ___ __
Total capital
accounts_$ 41,194.45

25,000.00
5,000.00
11,194.45

Demand deposits _____
U. S. Gov’t deposits___
Public funds
__ _
Total d e p ._$ 202,934.66

167,803.06
3,991.11
31,140.49

Total -------------------------$

244,129.11

101

Forty-Second Report

THE FARMERS AND MERCHANTS BANK, PRAIRIE GROVE
Population 939. Washington County
Chartered August 29, 1904. Tel. No. VInewood 6-1412. Transit Number 81-256
Officers
D. E. Rieff___ President and Cashier
W. H. Bartholomew__ Vice President
Lorene Jones__________Asst. Cashier
W. H. Thompson______ Asst. Cashier

Directors
W. H. Bartholomew D. E. Rieff
W. H. Mock
Frank Riggall
J. C. Parks

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations__
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

Total

785,292.63
158.89
269,615.00
325,080.36
1.00
1,000.00
444,577.35
702.61

$1,826,427.84

Liabilities
Capital s t o c k __________$ 30,000.00
Surplus fund __________
30,000.00
Undivided p r o fit s ______ 140,565.93
Total capital
accounts_$ 200,565.93
Demand deposits_______ 1,042,896.53
Time deposits _________ 506,882.38
U. S. Gov’t deposits___
10,777.00
Public fu n d s ___________
65,306.00
Total dep. __$1,625,861.91
Total

$1,826,427.84

BANK OF PRESCOTT, PRESCOTT
Population 3,960. Nevada County
Chartered August 10, 1904. Telephone Number 206. Transit Number 81-140
Officers
Olen Hendrix______________President
W. R. Hambright___ Exec. Vice Pres.
Wren Scott___________Vice President
J. A. Yancey________________ Cashier

Directors
D. K. Bemis
Dr. J. B. Hesterly
T. M. Bemis
Dr. A. W. Hudson
W. R. Hambright Guss McCaskil!
Olen Hendrix
Wren Scott

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,140,196.69
Overdrafts ____________
61.39
U. S. Gov’t obligations_ 1,462,998.96
Other bonds and
securities____________ 793,369.71
Furniture and fixtures-_
13,500.00
Banking h ou se_________
5,000.00
Cash and due from banks 788,201.04
Other resources________
3,978.67

Total



$4,207,306.46

Liabilities
Capital stock _
_
\ P 100,000.00
Surplus fund
150,000.00
Undivided profits
114,741.84
Reserves
1,922.07
Total capital
accounts_$ 366,663.91
Demand deposits
2,945,779.18
Time deposits
209,507.63
U. S. Gov’t deposits___
190,401.63
Public funds
_ _
465,558.45
Deposits of banks _
29,395.66
Total dep. —$3,840,642.55
Total

$4,207,306.46

102

iState of Arkansas: Bank Department

BANK OF QUITMAN, QUITMAN
Population 345. Cleburne County
Chartered August 15, 1903. Telephone Number 2401. Transit Number 81-424
Officers
Ben F. Clark______________ President
W. H. McNair________Vice President
N. H. Tarver_______________Cashier
Edith Ellis_____________ Asst. Cashier

J. A. Bailey
Ben F. Clark
Edith Ellis

Directors
W. H. McNair
N. H. Tarver

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $ 292,772.67
Capital s t o c k __________ !
Overdrafts ____________
115.54 Surplus fund __________
U. S. Gov’t obligations_ 315,000.00 Undivided p r o fit s ______
Other bonds and
Total capital
securities____________
104,123.70
accounts_$ 103,365,13
Furniture and fixtures_
1.00
Banking h ou se_________
1.00 Demand deposits_______
Cash and due from banks 177,973.15 Time d ep osits_________
U. S. Gov’t deposits___
Public fu n d s ___________
Total d e p ._$ 786,621.93
Total

.$ 889,987.06

Total

25.000. 00
25.000. 00
53,365.13

640,244.95
107,104.86
248.00
39,024.12

.$ 889,987.06

THE BANK OF RECTOR, RECTOR
Population 1,855. Clay County
Chartered November 15, 1930. Telephone Number 3491. Transit Number 81-173
Officers
President
J. C. Hardin ____ . _ _
J. A. Marlar _____..Exec. Vice Pres.
E. M. Purcell______ ___ Vice President
_ Cashier
O'. A. Harper___ __ ___
Mary Lee Hill____ __Asst. Vice Pres.
Bema Nell Gogue . __Asst. Cashier
Mary Wagner _
. _ Asst. Cashier

Directors
J. C. Hardin
T. C. Justus

J. A. Marlar
E. M. Purcell

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $1,257,166.11 Capital s t o c k __________ $ 50,000.00
U. S. Gov't obligations
80,000.00 Surplus f u n d __________
75,000.00
Other bonds and
Undivided p r o fit s ______
40,993.55
securities____________
407,639.97 Reserves ______________
106,253.15
Furniture and fixtures_
19,042.94 Total capital
Cash and due from banks 428,569.33
accounts_$ 272,246.70
Demand deposits_______ 1,278,894.26
Time deposits _________
382,340.49
U. S. Gov’t deposits___
6,369.06
Public fu n d s ___________
227,567.84
Deposits of ban k s______
25,000.00
Total dep. _ .$1,920,171.65
Total



$2,192,418.35

Total

$2,192,418.35

Forty-Second Report

103

FARMERS AND MERCHANTS BANK, REYNO
Population 292. Randolph County
Chartered December 8, 1911. Telephone No. 9705-J1. Transit Number 81-427
Officers
F. E. Belford____________ President
Glenn Brown___ Exec. Vice President
& Cashier
Mrs.'S’reda M. Brown_Vice President
Otistean Ahrent______ Asst. Cashier
Muriel Stafford_______ Asst. Cashier

Directors
F. E. Belford
Glenn Brown
Freda M. Brown

STATEMENT OF JUNE 30, 1956
Liabilities
Resources
_$ 25,000.00
Loans and discounts___ $ 326,868.71 Capital s t o c k __
5,000.00
72.86 Surplus f u n d __________
Overdrafts __
9,156.07
U. S. Gov’t obligations_ 279,912.50 Undivided p r o fits ______
25,000.00
6,330.00 Reserves- ______
Furniture and fixtures_
600.00 Total capital
Banking h ou se____
Cash and due from banks 217,622.94
accounts_$ 64,156.07
Other resources _
990.00
Demand deposits
_____ 622,916.92
U. S. Gov’t deposits___
4,423.28
Public fu n d s ______ ____ 140,900.74
Total d e p ._$ 768,240.94
Total

___

$ 832,397.01

T ota l_

_

$ 832,397.01

THE BANK OF RISON, RISON
Population 953. Cleveland County
Chartered March 7, 1932.
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___ Asst. Cashier

Directors
Herman Davidson
Leon Moore
J. E. Goggans
J. E. McCoy
James L. Moore, Jr.
Max M. Smith

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ $ 354,742.07
Capital s t o c k __________!
U. S. Gov’t obligations_ 486,890.30 Surplus f u n d __________
Other bonds and
Undivided p r o fit s ______
securities____________
28,171.05 Reserves ______________
Furniture and fixtures_
1,950.00 Total capital
Banking h ou se_________
5,550.00
accounts_$ 174,472.08
Other real e s ta te ______
8.00
Cash and due from banks 179,544.04 Demand deposits_______
Other resources________
1,403.50 Time deposits _________
Public fu n d s ___________
Total d e p ._$ 883,786.88
Total



$1,058,258.96

Total

25.000. 00
25.000. 00
107,582.42
16,889.66

584,516.57
195,969.22
103,301.09

$1,058,258.96

104

State of Arkansas: Bank Department

PEOPLES EXCHANGE BANK, RUSSELLVILLE
Population 8,166. Pope County
Chartered March 24, 1890. Telephone Number 12. Transit Number 81-118
Officers
Donald Barger_____________ President
C. E. Lemley__________Vice President
John T. Little_______________ Cashier
Bert Mullens__________ Asst. Cashier
Hazel G. Little_______ Asst. Cashier

Directors
Donald Barger
Chas. M. Howell
Lee Cheek
Ike A. Laws
G. M. Cook
Hence J. Priddy
Dr. L. Gardner
J. Madison White

STATEMENT OF JUNE 30. 1956
Resources
Liabilities
Loans and discounts____$2,214,005.13 Capital s t o c k __________$ 100,000.00
U. S. Gov’t obligations_ 1,575,003.25 Surplus fund __________
50,000.00
Other bonds and
Undivided p r o fit s ______ 330,773.10
securities____________
623,549.39 Total capital
accounts_$ 480,773.10
Furniture and fixtures______________19,200.00
Banking h ou se_________
17,000.00
Cash and due from banks 1,350,450.35 Demand deposits_______ 3,314,647.36
Time deposits _________ 1,631,459.43
U. S. Gov’t deposits___
62,597.79
Public fu n d s ___________
214,292.89
Deposits of ban k s_____
95,437.55
Total d e p ._$5,318,435.02
T o ta l__________________ $5,799,208.12

T o ta l__________________ $5,799,208.12

THE BANK OF RUSSELLVILLE, RUSSELLVILLE
Population 8,166. Pope County
Chartered December 23, 1897. Telephone Number 16. Transit Number 81-119
Officers
George S. Neal____________President
M. J. Hickey_________ Vice President
George H. Neal_______ Vice President
Robert H. Parker___________Cashier
B. J. Roderick_________Asst. Cashier

Directors
E. C. Bradley
George S. Neal
M. J. Hickey
Floyd Ragsdale
George H. Neal
C. M. Richmond

STATEMENT OF JUNE 30. 1956
Resources
Liabilities
Loans and discounts___ $1,760,593.05
Capital s t o c k __________$ 100,000.00
U. S. Gov’t obligations_ 1,527,885.07 Surplus f u n d __________
50,000.00
Other bonds and
Undivided p r o fits ______ 404,943.70
securities____________
645,256.65 Total capital
Furniture and fixtures_
13,537.52
accounts_$ 554,943.70
Banking h o u se _________
25,000.00
Other real e s ta t e _____
4,000.00 Demand deposits_______ 2,547,589.83
Cash and due from banks 1,140,700.17 Time deposits _________ 1,760,254.84
Other resources________
709.30 U. S. Gov’t deposits___
63,141.48
Public fu n d s ___________
189,342.31
Deposits of ban k s______
2,409.60
Total d e p ._$4,562,738.06
T o t a l___________________ $5,117,681.76



T o t a l___________________ $5,117,681.76

Forty-Second Report

105

BANK OF SALEM, SALEM
Population 687.
Chartered December 9, 1908.

Fulton County

Telephone Number 8.

Officers
Rex Castleberry__________ President
Fay Castleberry_______Vice President
Jim Humphries______________ Cashier
Corwin Mosey________ Asst. Cashier
George Humphries____ Asst. Cashier

Transit Number 81-430

Directors
Fay Castleberry
H. J. Humphries
Rex Castleberry
Jim Humphries

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 717,529.43
Overdrafts ____________
361.23
U. S. Gov’t obligations_ 237,500.00
Other bonds and
securities____________
70,000.00
Furniture and fixtures_
400.00
Banking h ou se_________
1.00
Cash and due from banks 567,698.46

Total

$1,593,490.12

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fit s _____
Total capital
accounts_$ 160,598.00

50,000.00
50,000.00
60,598.00

Demand deposits_______ 1,132,387.98
Time deposits _________ 188,730.80
18,328.24
U. S. Gov’t deposits___
Public fu n d s ___________
93,445.10
Total dep. __$1,432,892.12
$1,593,490.12

Total

LOGAN COUNTY BANK, SCRANTON
Population 283.
Chartered April 7, 1926.

Logan County

Telephone Number 14.

Officers
Frank Ahne_______________President
Afton Mitchell________Vice President
Joe Fritsche________________ Cashier

Frank Ahne
Frank Drum
Roy Drum
Joe Fritsche

Transit Number 81-686
Directors
J. B. Layes
Ross Martin
Afton Mitchell

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 213,302.04
Overdrafts ____________
448.29
U. S. Gov’t obligations— 372,737.50
Other bonds and
securities____________
1,500.00
Furniture and fixtures_
679.33
Banking h ou se_________
100.00
Cash and due from banks 175,211.90
Other resources________
477.97

T o ta l___________________ $ 764,457.03



Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 90,588.16

25,000.00
15,000.00
50,588.16

Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. __$ 673,868.87

596,453.50
33,139.21
4,868.66
39,407.50

T o t a l___________________ $ 764,457.03

106

State of Arkansas: Bank Department

SECURITY BANK, SEARCY
Population 6,024.

White Courtty

Chartered February 6, 1932. Telephone Number 1283. Transit Number 81-153
A. J.
E. 0.
E. M.
Ralph

Officers
Stephens____________President
Yancey_________Vice President
Twyford______________ Cashier
N. Duncan_____ Asst. Cashier

Directors
B. C. Huddleston
M. 0. Thompson
Joe S. Pierce
E. M. Twyford
K. B. Rand
E. 0. Yancey
Ray A. Yamell
J. W. Sanford
A. J. Stephens

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $2,169,892.88
U. S. Gov’t obligations_ 603,280.00
Other bonds and
securities____________
442,865.45
13,499.00
Furniture and fixtures_
Banking h ou se _________
2,600.00
Cash and due from banks- 808,949.21
Other resources________
1,800.00

T o ta l__________________ $4,042,886.54




Liabilities
Capital s t o c k __________ $ 150,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______ 138,547.59
22,378.06
Reserves ________________
Total capital
accounts_$ 460,925.65
Demand deposits_______ 2,927,525.84
U. S. Gov’t deposits___
167,997.94
Public fu n d s ___________ 330,197.2:4
Deposits of ban k s_____
156,239.87
Total d e p ._$3,581,960.89
T o ta l__________________ $4,042,886.54

107

Forty-Second Report

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

White County-

Telephone Number 780.

Transit Number 81-154

Officers
Directors
Cal Aclin
E. P. Pyeatt
E. P. Pyeatt_____________ President
Phillip H. Pyeatt
J. T. Cone
Wayne W. Pyeatt_____ Vice President
M. M. Garrison
Wayne W. Pyeatt
Frank S. Leavitt_____ Vice President
& Cashier Frank S. Leavitt
Hubert Smith
J. E. Lightle, Jr.
Marian Schwarz________________Asst.Cashier
L. W. Sutherlin________________ Asst.Cashier
M. P. Pickens__________________ Asst.Cashier
Joe T. O’Guin__________________ Asst.Cashier
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,982,305.63
Overdrafts ____________
44.64
U. S. Gov’t obligations_ 1,025,875.56
Other bonds and
securities____________
766,613.00
Furniture and fixtures_
26,457.48
Banking h ou se_________
35,712.26
Cash and due from banks 839,914.80
Other resources________
57.80

Total




$4,676,981.17

Liabilities
Capital s t o c k __________$ 150,000.00
Surplus f u n d __________
150,000.00
Undivided p rofits_______ 170,452.76
Reserves ________________
40,969.47
Total capital
accounts_$ 511,422.23
Demand deposits_______ 3,527,912.38
88,625.74
U. S. Gov’t deposits___
Public fu n d s ___________
489,085.12
Deposits of b an k s______
59,935.70
Total d e p ._$4,165,558.94
T o ta l___________________ $4,676,981.17

108

State of Arkansas: Bank Department

GRANT COUNTY BANK, SHERIDAN
Population 1,893.

Grant County

Chartered July 29, 1903. Telephone Number WH 2-2501. Transit Number 81-432
Officers
J. A. McCoy_______________ President
A. L. Blakely_________Vice President
Coats A. Mitchell____________Cashier
Jessie Lee Mitchell____ Asst. Cashier

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

Directors
J. A. McCoy
Coats A. Mitchell

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

356,976.77
752,195.00
236,257.40
8,572.37
27,476.06
421,152.52

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus f u n d __________
50,000.00
Undivided p r o f it s ______ 157,259.43
Reserves ______________
16,864.52
Total capital
accounts_$ 274,123.95
Demand deposits________ 1,195,716.66
Time deposits _________
117,148.36
45,652.50
U. S. Gov’t deposits___
Public fu n d s ___________
169,336.00
Deposits of ban k s______
652.65
Total dep. __$1,528,506.17

T o ta l__________________ $1,802,630.12

T o ta l__________________ $1,802,630.12

BANK OF SIDNEY, SIDNEY
Population 120.

Sharp County

Chartered September 23, 1912.

Transit Number 81-522

Officers
O. S. Westmoreland_______ President
Thomas A. Bone_____ Vice President
R. C. Pounders______________ Cashier
Atalee C. Pounders___ Asst. Cashier

Directors
Thomas A. Bone O. S. Westmoreland
R. C. Pounders

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ !
Overdrafts ____________
U. S. Gov’t obligations_
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks

13,298.60
64.37
226,000.00
1.00

1.00

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts. _$ 17,846.00

94,062.01
Demand deposits_______
Public fu n d s ___________
Total dep, __$ 315,580.98

Total



5,000.00
7,500.00
5,346.00

$ 333,426.98

Total

315,072.00
508.98

$ 333,426.98

Forty-Second Report

109

BRATT-WASSON BANK, SILOAM SPRINGS
Population 3,270,
Chartered April 8, 1932.

Benton County

Telephone Number 33.

Officers
Marion Wasson____________President
Tom Whiteside_______Vice President
& Cashier
Sadie Monroe_________Vice President
Marion Wasson, Jr____Vice President
Elsie Sumner__________Asst. Cashier
Art Melson____________Asst. Cashier
Field Wasson__________Asst. Cashier

Transit Number 81-706

Directors
Sadie Monroe
Marion Wasson, Jr.
Elsie Sumner
Tom Whiteside
Marion Wasson

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $1,030,376.63
Overdrafts ____________
915.82
U. S. Gov’t obligations— 2,276,371.50
Other bonds and
securities____________ 359,800.94
Furniture and fixtures_
21,860.22
Banking h ou se_________
10,000.00
Cash and due from banks 1,096,921.94
Other resources________
9,116.26

Liabilities
Capital s t o c k __________$ 75,000.00
Surplus f u n d __________
75,000.00
Undivided p r o fit s ______
22,347.01
137,991.80
Reserves ______________
Total capital
accounts_$ 310,338.81
Demand deposits_______ 3,627,820.07
Time d ep osits_________ 469,820.91
U. S. Gov’t deposits___
137,187.79
Public fu n d s ___________ 257,753.24
Total dep. __$4,492,582.01
Other liabilities________

T o ta l__________________ $4,805,363.31




2,442.49

T ota l__________________ $4,805,363.31

110

State of Arkansas: Bank Department

SMACKOVER STATE BANK, SMACKOVER
Population 2,495.

Union County

Chartered April 28, 1928. Telephone No. PArk 5-3051. Transit Number 81-654
Officers
J. E. Berry________________ President
Max A. Mitcham___ Exec. Vice Pres.
W. H. White, Jr____________ Cashier
Audna L. Ward________Asst. Cashier

Directors
J. E. Berry
Homer T. Rogers
R. N. Manley
L. E. Tennyson, Jr.
Max A. Mitcham

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
__
$ 100,000.00
Loans and discounts___ $1,036,197.44 Capital stock
U. S. Gov’t obligations_ 631,967.74 Surplus f u n d _____ ____
75,000.00
Other bonds and
Undivided profits
__
40,815.33
232,854.69 Reserves
securities _
_ __ ____
25,000.00
Furniture and fixtures_
13,491.09 Total capital
9,000.00
Banking h ou se ______
accounts_$ 240,815.33
Cash and due from banks 530,960.79
1.00 Demand deposits___ ___ 1,688,298.19
Other resources ________
Time d ep osits________
400,794.81
U. S. Gov’t deposits___
47,628.28
Public fu n d s __ __ __
76,584.04
Total dep. __$2,213,305.32
Other liabilities________
Total ________

________ $2,454,472.75

T o ta l__________

352.10
$2,454,472.75

CITIZENS BANK, SMITHVILLE
Population 250.

Lawrence County

Chartered March 23, 1901.

Transit Number 81-434

Officers
R. S. Rainwater__________ President
A. M. Starr__________Vice President
Bonnie Perkins______________ Cashier
Boyce Durham_________Asst. Cashier

Directors
Webster Perkins
Wm. Rainwater
R. S. Rainwater
J. M. Raney
Sloan Rainwater, Jr. A. M. Starr
Virginia Rainwater

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

165,986.58
1,003.43
124,653.50
174,162.18
893.50
1.00
147,485.62
234.22

T o ta l__________________ $ 614,420.03



Liabilities
Capital stock __________ $
Surplus fund _ ________
Undivided profits .. ...
Total capital
accounts__$ 106,364.96

25.000. 00
15.000.00
66,364.96

Demand deposits_______
Public funds __________
Total dep. __$ 506,788.84

446,671.49
60,117.35

Other liabilities _______

1,266.23

Total

__

__

__$ 614,420.03

111

Forty-Second Report

MERCHANTS AND PLANTERS BANK, SPARKMAN
Population 964.

Dallas County-

Chartered September 9, 1916. Telephone Number 15. Transit Number 81-581
Officers
S. B. Horne_______________ President
C. E. Hays___________Vice President
& Cashier

Directors
Garland Gaston
S. B. Horne
C. E. Hays
P. H. Taylor

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $ 176,500.98
U. S. Gov't obligations_ 452,000.00
Other bonds and
securities____________
56,985.73
Furniture and fixtures_
1,500.00
350.00
Banking h ou se_________
Cash and due from banks 338,188.78

$1,025,525.49

Total

Liabilities
Capital s t o c k __________$
Surplus fund __________
Undivided p r o fits ______
Total capital
accounts_$ 81,869.68

25,000.00
25,000.00
31,869.68

Demand deposits_______ 846,321.72
Time deposits ___________
40,375.53
Public fu n d s _____________
56,958.56
Total d e p ._$ 943,655.81
Total

$1,025,525.49

FIRST STATE BANK, SPRINGDALE
Population 5,835.

Washington County-

Chartered February 12, 1923. Tel. No. PLeasant 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

Directors
J. T. Bain
L. E. Johnson
Shelby Ford
Dr. F. Sisco
C. L. George
Joe M. Steele
Tom Hargis
A. P. Wilson
Elmer Johnson

STATEMENT OF JUNE 30, 1956
Resources
Loans afld discounts----- $2,728,023.05
U. S. Gov’t obligations_ 1,102,444.63
Other bonds and
securities____________
587,749.98
Furniture and fixtures_
12,712.78
Banking h ou se_________
1.00
Cash and due from banks 986,153.90
Other resources________
2,000.10

Total



$5,419,085.44

Liabilities
Capital s t o c k ________ $ 125,000.00
Surplus fund
__ _____
75,000.00
Undivided profits _
40,361.38
Reserves ____
_ _ _ 213,677.00
Total capital
accounts_$ 454,038.38
Demand deposits______ 3,246,355.59
Time deposits _
1,435,375.64
U. S. Gov’t deposits___
77,170.84
Public funds
_
____ 206,144.99
Total d e p ._$4,965,047.06
Total

$5,419,085.44

112

State of Arkansas: Bank Department

BODCAW BANK, STAMPS
Population 2,552.

Lafayette County

Chartered December 8, 1902. Telephone Number 3-4492. Transit Number 81-436
Officers
J. C. Cabe________________ President
R. T. Boulware_______ Vice President
C. C. Russell_________ Vice President
& Cashier
Jim Stevens___________ Asst. Cashier

Directors
George F. Baker
Sam Earle
R. T. Roulware
C. C. Russell
J. C. Cabe
A. 0. Smith

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Other real e s ta t e _____
Cash and due from banks
Other resources________

932,645.18
607,700.00
214,687.76
9,800.00
13,590.00
14.00
379,318.04
5,221.74

T o t a l___________________ $2,162,976.72




Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus fund __________
50,000.00
Undivided p r o fit s ______ 254,988.64
Reserves ________________
24,013.18
Total capital
accounts_$ 379,001.82
Demand deposits_______ 1,111,762.49
Time d ep osits_________ 498,907.90
U. S. Gov’t deposits___
14,186.16
Public fu n d s ___________
159,118.35
Total dep. __$1,783,974.90
Total

.$2,162,976.72

113

Forty-Second Report

BANK OF STAR CITY, STAR CITY
Population 1,296. Lincoln County
Chartered April 7, 1925.
Telephone Number 57.
Transit Number 81-437
Officers
W. R. Alsobrook___________ President
Clyde E. Fish_______ Vice President
G. D. Smith________ Vice President
I. A. Chambers_____________Cashier
Mrs. Anneta Moore___ Asst. Cashier

Directors
Dr. H. B. Alsobrook
Clyde E. Fish
W. R. Alsobrook
G. D. Smith
I. A. Chambers

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts___ ! 652,543.10 Capital s t o c k __________I
U. S. Gov’t obligations. _ 259,600.00 Surplus f u n d __________
Other bonds and
Undivided profits _____
securities____________
116,259.23 Reserves ______________
Furniture and fixtures_
7.250.00 Total capital
Banking h ou se_________
5,000.00
accounts_$ 190,231.51
5.400.00
Other real e s ta te _____
Cash and due from banks 472,339.92 Demand deposits_______
Time deposits _________
U. S. Gov’t deposits___
Public fu n d s ___________
Total dep. _.$1,324,456.35
Other liabilities
Total

$1,518,392.25

Total

50.000. 00
75.000.00
49,079.67
16,151.84

954,176.91
156,417.84
4,000.00
209,861.60
3,704.39
,518,392.25

THE STEPHENS SECURITY BANK, STEPHENS
Population 1,283. Ouachita County
Chartered February 8, 1946. Telephone Number 3761. Transit Number 81-755
Officers
Directors
Charles T. Reveley_________ President G. W. Haltom
Chas. T. Reveley
Floyd Bryan___ Exec. Vice President H. G. Hearnsberger James Smith
Guy C. Pruitt_________________Cashier G. C. Pruitt
Joe J. Wade
Bobbie J. Merritt_____ Asst. Cashier
Betty K. Greene______ Asst. Cashier
STATEMENT OF JUNE 30, 1956
Resources
Liabilities
$ 50,000.00
Loans and discounts___ $ 518,951.41 Capital stock _
U. S. Gov’t obligations_ 437,949.35 Surplus fund
30,000.00
Undivided profits
Other bonds and
18,615.16
171,550.58 Reserves
securities
12,925.67
2,351.45 Total capital
Furniture and fixtures_
5,171.22
accounts_$ 111,540.83
Banking h ou se____
Cash and due from banks 255,698.21
672.86 Demand deposits
Other resources _
936,887.62
Time deposits _
____ 186,490.01
U. S. Gov’t deposits___
9,544.43
Public funds
__
147,882.19
Total dep. __$1,280,804.25
Total



$1,392,345.08

Total

$1,392,345.08

114

State of Arkansas: Bank Department

CITIZENS BANK, STRONG
Population 839. Union County
Chartered January 19, 1931. Telephone No. SY 7-7361. Transit Number 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, 1956
Liabilities
Resources
_____$
Capital stock
Loans and discounts__ $ 385,657.11
U. S. Gov’t obligations_ 454,000.00 Surplus fund
Furniture and fixtures_
1,621.55 Undivided profits
Banking house -----------1.00 Total capital
accounts_$ 158,445.00
Other real e s ta te ______
1.00
Cash and due from banks
199,210.37
Demand deposits
Time deposits _
_
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 882,046.03
Total

$1,040,491.03

Total

25,000.00
50,000.00
83,445.00

730,697.56
102,229.77
4,078.89
45,039.81

$1,040,491.03

THE FARMERS AND MERCHANTS BANK, STUTTGART
Population 7,276. Arkansas County
Chartered December 29, 1944. Tel. No. WAbash 2-1512. Transit Number 81-747
Officers
G. H. Franzen___________ President
J. C. Barnett_______Exec. Vice Pres.
R. B. Curtis__________Vice President
Edgar C. Diggs--------------------Cashier
Lela M. Curtis_________Asst. Cashier
Adolph E. Hubmann___ Asst. Cashier
Artie Seidenschwarz___ Asst. Cashier

Directors
J. C. Barnett
D. C. McDonald
R. B. Curtis
D. W. Tweedy
G. H. Franzen
Ralph Wilson
Russell McCollum

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
____ $ 75,000.00
Loans and discounts___$2,355,154.99 Capital stock
Overdrafts ____________
264.09 Surplus fund
___
150,000.00
U. S. Gov’t obligations_____________ 864,614.50
Undivided p r o fit s ____
158,544.84
R e se r v e s _
__ ___
Other bonds and
39,019.63
securities____________
647,753.17 Total capital
Furniture and fixtures_
18,333.29
accounts_$ 422,564.47
Banking h ou se _________
20,900.00
Cash and due from banks 1,506,636.39 Demand deposits
4,193,259.35
Other resources ---------1,770.93 Time d ep osits_
439,734.11
U. S. Gov’t deposits___
79,151.80
Public f u n d s _____
280,717.54
Total dep__ $4,992,862.89
Total



$5,415,427.36

Total

$5,415,427.36

115

Forty-Second Report

CITIZENS BANK, TILLAR
Population 239.

Drew County

Chartered July 28, 1913. Telephone Number 2-2571.
(if fiA a v c

Transit Number 81-446
liir r ^ t A y fl

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

V. C. Harrell
C. H. Kimbro

J. H. Kimbro
B. C. Prewitt

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $ 214,639.54
Overdrafts ____________
63.60
U. S. Gov’t obligations_
94,769.15
Other bonds and
securities____________
76,174.80
Furniture and fixtures_
2,800.00
Banking house ________
3,200.00
Cash and due from banks
91,463.94
Other resources________
1,149.31

Total _________________ $ 484,260.34

Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 91,755.58

25,000.00
50,000.00
16,755.58

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total d e p ._$ 392,504.76

275,614.96
32,131.08
4,974.85
79,783.87

Total _________________ $ 484,260.34

BANK OF TRUMANN, TRUMANN
Population 3,744.
Chartered October 26, 1911.

Poinsett County

Telephone Number 7.

Officers
M. T. Byrn_______________ 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. Byrn
Norris C. Taylor
J. F. Lady
R. H. Taylor
Clyde Robertson, Jr. Earl Yarbrough
J. J. Purvis

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts_$1,492,222.95
U. S. Gov’t obligations — 177,945.31
Other bonds and
securities______
106,970.00
Furniture and fixtures_
3,000.00
Banking house ________
11,000.00
Cash and due from banks 1,314,868.67

Liabilities
Capital s t o c k __________!
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 317,017.98

100,000.00

140,000.00
62,499.45
14,518.58

Demand d eposits______ 2,053,842.04
Time deposits _________ 553,460.86
U. S. Gov’t deposits___
9,153.65
Public funds __________
147,532.40
Deposits of b an k s______
25,000.00
Total dep__ 2,788,988.95
Total



$3,106,006.93

Total

$3,106,006.93

116

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
Officers
F. L. Penix_______________ President
R. 0. Norris________ Vice President
O. B. Armstrong____ Vice President
Van Smith_____ Exec. Vice President
& Cashier
Calvin W. Whitlow____Asst. Cashier
Cornelius Adcox______ Asst. Cashier
Walter McDaniel______ Asst. Cashier

Directors
0. B. Armstrong
J. L. Parrott
C. E. Harrison
F. L. Penix
R. O. Norris
Van Smith

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts__ $1,009,967.83 Capital stock
___ $ 35,000.00
U. S. Gov’t obligations __. 346,594.55 Surplus fund
40,000.00
Other bonds and
Undivided profits _
80,148.63
85,077.33 Total capital
securities
Furniture and fixtures_
7,203.91
accounts_$ 155,148.63
Banking house
2,250.00
362,843.50 Demand deposits
Cash and due from banks
1,289,271.91
Other resources
1,394.95 Time d ep osits______
145,634.37
U. S. Govt d eposits__
13,479.66
Public funds ______ _
176,394.25
Deposits of banks
35,403.25
Total dep. __$1,660,183.44
$1,815,332.07

Total

Total _

$1,815,332.07

TYRONZA BANK,TYRONZA
Population 656. Poinsett County
Chartered October 1, 1951. Telephone Number 3121. Transit Number 81-770
Officers
.President
R. A. Lynch
D. F. Wylie
_
Vice President
Ciashijer
Ernestine Sanders

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

STATEMENT OF JUNE 30, 1956
Liabilities
Resources
$ 50,000.00
Loans and discounts__ $ 576,363.54 Capital stock
74,000.00 Surplus fund
U. S. Gov’t obligations_
15,000.00
Undivided profits
Other bonds and
29,578.33
29,450.00 Reserves _
2,787.84
securities
6,564.92 Total capital
Furniture and fixtures __
648.45
accounts_$ 97,366.17
Banking house
246,859.65
Cash and due from banks
544,081.78
Demand deposits
Time deposits
170,276.95
U. S. Gov’t deposits___
5,492.33
Public funds
116,669.33
Total d e p ._$ 836,520.39
Total



_

$ 933,886.56

Total _

$ 933,886.56

117

Forty-Second Report

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

Crawford County

Chartered December 20,1910. Telephone No. GR 4-2331. Transit Number 81-101

Officers
Basil 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
Basil M. Moody
R. W. Geliy

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts— $ 347,046.90
U. S. Gov’t obligations_ 1,368,365.53
Other bonds and
securities____________
347,189.75
Banking house ________
7,500.00
Other real e s ta te ______
1.00
Cash and due from banks
363,024.55

Liabilities
_!j5 50,000.00
Capital stock
Surplus fund
75,000.00
Undivided profits
___
111,076.08
Reserves _
1,342.83
Total capital
accounts_$ 237,418.91
Demand deposits
1,453,422.49
Time deposits
_ _ 418,147.59
U. S. Gov’t deposits___
23,531.62
Public funds
300,607.12
Total dep. __$2,195,708.82

$2,433,127.73

Total

Total

$2,433,127.73

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

Crawford County

Chartered August 12, 1933. Tel. No. GRanite 4-6501. Transit Number 81-100
Officers
J. J. Izard_______________ President
C. E. Izard___________Vice President
Stewart Condren____________ Cashier

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

STATEMENT OF JUNE 30, 1956
Liabilities
Resources
Loans and discounts___$ 500,391.43 Capital s t o c k __________$ 50,000.00
75,000.00
Overdrafts ____________
5,466.25 Surplus fund __________
U. S. Gov’t obligations___1,016,174.00 Undivided p r o fit s ______
40,529.22
Total capital
Other bonds and
securities____________ 438,832.75
accounts_$ 165,529.22
Furniture and fixtures______________9,500.00
Banking house ________
9,500.00 Demand deposits ______ 1,659,354.24
Cash and due from banks
601,744.10 Time deposits _________ 450,722.04
U. S. Gov’t deposits___
22,679.29
Public funds __________ 283,323.74
Total dep. __$2,416,079.31
Total



$2,581,608.53

Total

$2,581,608.53

118

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
W. S. McKissack____ Vice President
Mary H. Martin_____________ Cashier

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $ 254,380.56
U. S. Gov’t obligations_ 340,285.00
Other bonds and
securities____________
60,160.48
10.00
Furniture and fixtures_
Banking house ________
10.00
Cash and due from banks
158,607.98
Other resources________
345.76

Total _________________ $ 813,799.78

Liabilities
Capital stock _
_
—$
Surplus fund
Undivided profits
_ _ —
R e se rv e s ___
Tota-l capital
accounts_$ 74,558.64
Demand d e p o s its ___ _
Time d ep osits_
U. S. Gov’t deposits----Public funds
Total dep. __$ 739,241.14

25,000.00
25,000.00
22,546.18
2,012.46

522,009.18
90,770.28
14,033.30
112,428.38

Total _________________ $ 813,799.78

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

Columbia County

Telephone Number 3011.

Officers
H. A. Fincher_____________President
H. H. Fincher_______ Vice President
J. E. O’Daniel_______ Vice President
R. P. Clark_________________ Cashier
M. M. Fincher_________Asst. Cashier

E.
G.
H.
H.

F. Fincher
L. Fincher
A. Fincher
H. Fincher

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking house ________
Other real e s ta te _____
Cash and due from banks

473,136.31
335,468.75
110,955.18
1.00
1.00
1.00
220,903.70

Total _________________ $1,140,466.94



Liabilities
Capital s t o c k __________$
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 107,736.12

50,000.00
35,000.00
22,736.12

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. __$1,032,730.82

622,042.15
235,699.25
6,384.53
168,604.89

Total _________________ $1,140,466.94

119

Forty-Second Report

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

Scott Cbunty

Tel. No. MErcury 7-6411.

Officers
Gene Davidson____________President
J. K. May____________ Vice President
Mollie E. Center______Vice President
Claud W. Harrison___Vice President
& Cashier
O. K. Goodner________Asst. Cashier

Transit Number 81-239

Directors
W. A. Bates
Orval K. Goodner
Mollie E. Center Claud W. Harrison
Gene Davidson
J. K. May
Wm. Knox Dozier

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ .$ 518,666.15
768.39
Overdrafts ___ ___ _
U. S. Gov’t obligations . 1,082,104.00
Other bonds and
432,816.05
securities___ ____
4,450.00
Furniture and fixtures
Banking house
5,000.00
Cash and due from banks
754,830.08

Total _




$2,798,634.67

Liabilities
Capital stock _ _ _
$ 50,000.00
___ 100,000.00
Surplus f u n d _
Undivided profits
60,097.66
Total capital
accounts_$ 210,097.66
Demand deposits
1,534,865.98
Time deposits _
__ _ 788,176.92
U. S. Gov’t deposits___
29,101.28
Public f u n d s _
236,392.83
Total d e p ._$2,588,537.01
Total _ _

__

$2,798,634.67

120

State of Arkansas: Bank Department

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

Bradley County

Telephone Number 20.

Officers
Carl Hollis________________President
A. L. Moody_________ Vice President
G. Colvin____________ Vice President
Charles E. Owens_____ Vice President
C. F. Sisco__________________ Cashier
Mrs. Helen N. Harris_Asst. Cashier
Lois Goss_____________ Asst. Cashier

Transit Number 81-159

Directors
Curtis Blankinship
J. C. Thompson
G. B. Colvin
W. R. Warner
Carl Hollis
Albert T. Weiss
A. L. Moody
Sidney Wharton
Charles E. Owens
O. W. Wheless

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $1,364,818.93
Overdrafts ____________
279.22
U. S. Gov’t obligations_ 813,709.38
Other bonds and
securities____________
602,335.15
Furniture and fixtures_
13,323.52
26,157.86
Banking house ________
Cash and due from banks
919,062.39
Other resources _______
6,347.18

Liabilities
Capital stock
_ $ 100,000.00
100,000.00
Surplus fund —
Undivided profits _
123,116.44
14,712.35
Reserves _
Total capital
accounts_$ 337,828.79

Total

Total




$3,746,033.63

2,163,377.81
Demand deposits
Time d e p o sits__ _ _ 957,773.72
U. S. Gov’t deposits___
56,099.97
230,698.34
Public f u n d s _
255.00
Deposits of banks _ _
Total dep. _-$3,408,204.84
$3,746,033.63

Forty-Second Report

121

WARREN BANK, WARREN
Population 2,615.

Bradley County

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

L.
J.
L.
J.

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

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $2,143,865.09
U. S. Gov’t obligations_ 720,195.50
Other bonds and
securities____________ 447,923.95
Furniture and fixtures_
5,019.63
10,106.80
Banking house ________
Other real es ta te ______
1.00
Cash and due from banks
786,813.92
Other resources _______
168.95

Total




$4,114,094.84

Liabilities
Capital s t o c k __________$ 75,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______
62,742.49
Reserves ______________
184,806.51
Total capital
accounts._$ 472,549.00
Demand deposits ______ 2,238,775.82
Time deposits _________ 1,110,666.51
U. S. Gov’t deposits___
95,331.82
Public funds __________
196,771.69
Total dep. __$3,641,545.84
Total

$4,114,094.84

122

State of Arkansas: Bank Department

BANK OF WEINER, WEINER
Population 644. Poinsett County
Chartered April 2, 1909. Telephone No. MU 4-2221. Transit Number 81-456
E. E.
H. E.
John
Joyce

Officers
Hogue______________ President
Winters________Vice President
Hogue________________ Cashier
Griffin__________Asst. Cashier

Directors
E. E. Hogue
F. R. Huber
John Hogue
H. E. Winters
Malcom C. Hogue R. A. Ziegenhom
Marcus Hogue

STATEMENT OF JUNE 30, 1956
Resources
Liabilities
25.000. 00
Loans and discounts__ $ 534,345.96
Capital s t o c k __________I
75.000.00
Overdrafts ____________
3,560.97 Surplus f u n d __________
39,308.88
U. S. Gov’t obligations_ 656,200.00 Undivided p r o fit s ______
Other bonds and
Reserves ______________
20,795.46
securities____________
123,910.00 Total capital
Furniture and fixtures_
7,000.00
accounts_$ 160,104.34
Banking house ________
1,300.00
Cash and due from banks
479,281.07 Demand Deposits ______ 1,437,761.25
2,311.77 Time deposits _________
Other resources _______
78,524.39
22,679.88
U. S. Govt deposits___
Public funds __________
60,711.38
Deposits of b a n k s ____
48,128.53
Total d e p ._$1,647,805.43
Total

$1,807,909.77

Total

$1,807,909.77

MERCHANTS AND FARMERS BANK, WEST HELENA
Population 6,107. Phillips County
Chartered October 4, 1948. Telephone No. JU 5-3481. Transit Number 81-763
Officers
Fulton Simpson______Chm. of Board
V. D. Simmons____________ President
Roy B. Warren_____________ Cashier
Helen B. Back________ Asst. Cashier
Marilyn L. Waddell___ Asst. Cashier

Directors
James P. Baker, Jr. J. L. Linder
C. L. Harris
Jesse Porter
S. H. Hurst
Fulton Simpson
E. F. Kalb
V. D. Simmons

STATEMENT OF JUNE 30. 1956
Liabilities
Resources
Loans and discounts — $1,278,237.81 Capital s t o c k __________$ 50,000.00
80,000.00
Overdrafts ____________
1,827.54 Surplus f u n d __________
9,955.15
U. S. Gov’t obligations_ 368,875.00 Undivided p r o fits ______
Total capital
Other bonds and
accounts_$ 139,955.15
securities____________
101,167.78
Furniture and fixtures_
1,331.02
Cash and due from banks
313,207.00 Demand deposits ______ 1,083,330.86
Time deposits _________ 591,001.68
U. S. Gov’t deposits___
4,285.73
Public funds __________
225,319.31
Total dep__ $1,903,937.58
Other liabilities _______
Total



$2,064,646.15

Total

20,753.42
$2,064,646.15

Forty-Second Report

123

BANK OF WEST MEMPHIS, WEST MEMPHIS
Population 9,112.
Chartered April 21, 1928.

Crittenden County

Telephone Number 310.

Officers
B. J. Lambert, Jr.________ President
C. B. Davis__________ Vice President
B. G. Dickey_________ Vice President
W. K. Ingram________ Vice President
Taylor Claiborne____________ Cashier
Kathleen Yokley______Asst. Cashier
Ruth Manchester_____ Asst. Cashier

Transit Number 81-695

Directors
B. J. Lambert, Jr.
Kendall Berry
Roy R. Morley
O. I. Bollinger
Jack W. Rich
H. R. Dabbs
J. H. Spears
P. M. Dacus
J. C. Tennison
B. G. Dickey
B. G. Dickey, Jr. 0. S. Woolard
W. K. Ingram

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $2,247,390.12
U. S. Gov’t obligations_ 662,469.38
Other bonds and
securities____________ 1,135,748.12
Furniture and fixtures_
51,290.59
Banking house ________ 247,700.00
Cash and due from banks 1,159,509.89
6,046.85
Other resources _______

Total

__________________ $5,510,154.95




Liabilities
Capital s t o c k __________$ 250,000.00
Surplus f u n d __________ 250,000.00
Undivided p r o fit s ______ 167,074.11
Total capital
accounts_$ 667,074.11
Demand deposits ______ 3,221,744.49
Time deposits _________ 696,208.24
U. S. Gov’t deposits___
103,085.67
Public funds __________ 822,042.44
Total d e p ._$4,843,080.84
Total

__________________ $5,510,154.95

124

State of Arkansas: Bank Department

MERCHANTS AND PLANTERS BANK, WEST MEMPHIS
Population 9,112.
Chartered August 5, 1941.

Crittenden County

Telephone Number 250.

Officers
J. F. Wheeler______________President
W. L. Barbour, Jr___ Vice President
H. F. Ohlendorf_____ Vice President
Roy Strong_________________ Cashier
Mrs. Ruby Bledsoe___ Asst. Cashier
Buford D. Krebs, Jr__ Asst. Cashier

Transit Number 81-743

Directors
W.L.
Barbour, Jr.
Lawrence P. Primm
J. W. Farris
J. F.Wheeler
H. F. Orlendorf

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $2,214,341.11
2,756.69
Overdrafts
U. S. Govt obligations __ 396,748.14
Other bonds and
securities _
_ _ 231,077.15
13,412.72
Furniture and fixtures __
42,000.00
Banking house
Cash and due from banks 1,156,353.70
Other resources
17,797.93

Liabilities
$ 100,000.00
Capital stock
150,000.00
Surplus fund
Undivided profits
87,872.06
Total capital
accounts_$ 337,872.06
2,797,646.94
Demand deposits
482,558.52
Time deposits __
__
51,700.94
U. S. Gov’t deposits___
398,287.46
Public funds
Total d e p ._$3,730,193.86
Other liabilities

.$4,074,487.44

Total

Total

6,421.52
$4,074,487.44

RICE GROWERS BANK, WHEATLEY
Population 406.

St. Francis County

Chartered September 27, 1909. Telephone Number 771. Transit Number 81-458
Officers
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, 1956
Resources
Loans and discounts __ $ 796,023.15
U. S. Gov’t obligations_ 124,090.00
Other bonds and
securities____________
40,450.00
Banking house -----------1.00
Cash and due from banks
474,316.86

Liabilities
Capital s t o c k __________$ 25,000.00
Surplus f u n d __________
25,000.00
Undivided p r o fit s --------- 131,912.51
Total capital
accounts_$ 181,912.51
Demand deposits _______ 1,100,813.69
Time deposits _________
103,232.51
U. S. Gov’t deposits___
134.61
Public funds __________
48,787.69
Total d e p ._$1,252,968.50

Total



$1,434,881.01

Total

$1,434,881.01

Forty-Second Report

125

WILMOT STATE BANK, WILMOT
Population 712. Ashley County
Chartered October 25, 1937. Telephone Number 3671. Transit Number 81-738
Officers
Directors
Wm. B. de Yampert_______President M. C. Crandall
N. R. Kirkwood
M. C. Crandall________Vice President Wm. B. de Yampert G. B. Stovall
N. R. Kirkwood___ Exec. Vice Pres. E. H. Dunning
& Cashier
STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Loans and discounts__ $ 555,757.25 Capital stock
$
U. S. Gov’t obligations_ 135,000.00 Surplus fund
Furniture and fixtures_
3,795.66 Undivided profits
Banking house
2,350.00 Total capital
Cash and due from banks
222,048.63
accounts_$ 121,528.73
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. —$ 797,422.81
Total _ _

_$ 918,951.54

Total

25.000. 00
75.000.00
21,528.73

687,950.33
29,358.77
4,576.48
75,537.23

$ 918,951.54

BANK OF WILSON, WILSON
Population 1,301. Mississippi County
Chartered October 3, 1908. Telephone Number 3251. Transit Number 81-462
Officers
Directors
R. H. Robinson
R. E. L. Wilson, III__Chm. of Board J. H. Crain
C. L. Denton, Jr. R. E. L. Wilson, Jr.
Benton Garrett___________ President
Benton Garrett
R. E. L. Wilson, III
C. J. Lowrance, Jr___ Vice President
C. J. Lowrance, Jr.
J. B. Gwyn_________________ Cashier
Lillian McMath_______ Asst. Cashier
Dorothy Dobson_____ Asst. Cashier
Gatha Watson________ Asstv Cashier
STATEMENT OF JUNE 30, 1956
Resources
Liabilities
Capital stock
Leans and discounts__ $1,482,684.83
$ 100,000.00
Overdrafts ____________
172.88 Surplus fund
350,000.00
U. S. Gov’t obligations_
88,150.91 Undivided profits
41,825.78
Other bonds and
Reserves
2,168.02
securities____________ 301,220.12 Total capital
Furniture and fixtures __
4,800.32
accounts_$ 493,993.80
Banking house ________
50,000.00
Cash and due from banks
684,289.84 Demand deposits
1,255,667.75
Other resources________
1,128.74 Time deposits
423,799.59
U. S. Gov’t deposits___
19,453.71
Public funds
394,532.79
Deposits of banks _
25,000.00
Total dep. —$2,118,453.84
Total



$2,612,447.64

Total

— $2,612,447.64

126

State of Arkansas: Bank Department

CROSS COUNTY BANK, WYNNE
Population 4,142.
Chartered June 5, 1891.

Cross County

Telephone Number 46.

Officers
Dave Block_______________ President
John W. Watts_Exec. Vice President
J. W. Lipscomb_____ Vice President
Wallace Eldridge____________Cashier
Mollye Weeden________Asst. Cashier

Transit Number 81-151

Directors
H. K. Barwick, JrJ. W. Lipscomb
Dave Block
W. W. Shaver, Jr.
David Drexler
H. Steinberg
J. C. Hilliard
John H. Johnston, Jr.

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $1,448,355.07
Overdrafts ____________
336.97
U. S. Gov’t obligations_ 263,500.00
Other bonds and
securities____________
380,022.75
Furniture and fixtures —
1,000.00
Banking house ________
25,000.00
Cash and due from banks
569,399.96
2,078.55
Other resources _______

$2,689,693.30

Total

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______ 105,312.94
Total capital
accounts_$ 305,312.94
Demand deposits ______ 2,030,630.87
Time deposits _________ 200,069.04
14,146.14
U. S. Gov’t deposits___
Public funds __________
139,534.31
Total dep._$2,384,380.36
Total _________________ $2,689,693.30

THE BANK OF YELLVILLE, YELLVILLE
Population 697.

Marion County

Chartered December 13, 1945. Telephone Number 2501. Transit Number 81-753
Officers
Directors
Bernice Berry___ President & Cashier Bernice Berry H. A.Burnes
Wynona Willingham.Exec. Vice Pres. Lon W. Berry Wynona Willingham
Lon W. Berry__________________ VicePresident
H. A. Bumes__________________ VicePresident
STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

Total



389,442.91
662.56
270,921.88
114,689.00
750.00
256,352.25

$1,032,818.60

Liabilities
Capital s t o c k __________$ 25,000.00
Surplus f u n d __________ 100,000.00
Undivided p r o fit s ______
20,549.10
Total capital
accounts_$ 145,549.16
Demand deposits ______
Public funds __________
Total dep. __$ 887,269.44
Total

727,158.39
160,111.05

$1,032,818.60

Forty-Second Report

CONSOLIDATED STATEMENT OF CONDITION OF THE
THREE COOPERATIVE EXCHANGES OPERATING
IN ARKANSAS AS OF JUNE 30, 1956
Resources
Loans and discounts___________________________________ $
8,161.14
U. S. Government obligations________________________
45,512.24
Furniture and fix tu re s________________________________
175.00
Cash and due from b an k s_____________________________ 112,955.92
Other resources ______________________________________
1.00
Total R esources___________________________________$ 166,805.40
Liabilities
Capital stock ________________________________________ $
5,380.00
Surplus and undivided p ro fits --------------------------------------9,842.67
Deposits _____________________________________________ $ 151,582.63
Total Liabilities __________________________________$ 166,805.40




127

128

State of Arkansas: Bank Department

THE FIRST COMPANY, BLACK ROCK
Population 662.

Lawrence County

Telephone Number TR 8-6351
Officers
J. F. Sloan_______________ President
Dr. E. J. Cruse______ Vice President
Joseph B. Smith_Cashier & Manager

Directors
Henry L. Clark
J. H. Myers
J. E. Krone
C. H. Smith

STATEMENT OF JUNE 30, 1956
Resources
Cash and due from banks
Other resources ______

$

Total

5,181.60
1.00

Liabilities
Capital s t o c k __________!
Undivided p r o fits ______
Total capital
accounts_$
5,182.60

5,182.60

Total

$

2,480.00
2,702.60

5,182.60

THE HARDY EXCHANGE, HARDY
Population 599.

Sharp County

Telephone Number 2262
Officers
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, 1956
Resources
Loans and discounts__ $
U. S. Gov’t obligations_
Furniture and fixtures_
Cash and due from banks

Total




$

4,266.50
18,543.40
175.00
43,701.07

66,685.97

Liabilities
Capital stock
$
Undivided profits
Total capital
5,515.49
accounts_$

2,500.00
3,015.49

Demand deposits _
Public funds _
Total dep.
61,170.48

58,764.66
2,405.82

Total

66,685.97

$

Forty-Second Report

129

WILMAR EXCHANGE COMPANY, WILMAR
Population 746.

Drew County

Telephone Number 28
Officers
E. A. Oslin______________ President
Louin McKinstry_____ Vice President
R. A. McKinstry____________Cashier
Mrs. R. A. McKinstry_Asst. Cashier

Directars
James Daniel
Louin McKinstry
R. A. McKinstry

E. A. Oslin
C. T. Sims

STATEMENT OF JUNE 30, 1956
Resources
Loans and discounts__ $
U. S. Gov’t obligations_
Cash and due from banks

3,894.64
26.968.84
64,073.25

Liabilities
Capital stock
$
Undivided profits
Reserves
Total capital
accounts._$
4,524.58

90,412.15

Demand deposits
Total




$

94,936.73

Total _

400.00
124.58
4,000.00

$

94,936.73

State of Arkansas: Bank Department

130

REPORT
OF
BUILDING AND LOAN DIVISION




AND
SECURITIES DIVISION

Forty-Second Report

131

BUILDING AND LOAN DIVISION
December 31, 1955

Statement of seven active state chartered Building and Loan
Associations, compiled from annual reports rendered the Arkansas
State Bank Department as of December 31, 1955.
Three chartered inactive Associations are:
First State Savings and Loan Association
Harrison, Arkansas
Charter dated May 28, 1954
Dixie Savings and Loan Association
W est Memphis, Arkansas
Charter dated June 2, 1953
First State Savings and Loan Association
W est Memphis, Arkansas
Charter dated January 5, 1953




132

State of Arkansas: Bank Department

COMBINED STATEMENT OF THE SEVEN ACTIVE STATE CHARTERED
BUILDING AND LOAN ASSOCIATIONS
AS OF DECEMBER 31,1955
Assets
Real Estate Loans __________________________________________ $15,436,183.37
Share L oan s__________________________________________________
105,441.70
591,709.38
United States Government Obligations_______________________
Other Securities ____________________________________________
274,800.00
Contracts of S a le ____________________________________________
842.71
Office B uilding______________________________________________
8,700.00
Cash on Hand and in B anks__________________________________ 1,054,441.30
Furniture and Fixtures ______________________________________
15,207.11
Other A s s e ts ________________________________________________
13,165.17
Total Assets ____________________________________________ $17,500,490.74
Liabilities
S h ares_______________________________________________________ $15,114,808.83
Advances from FederalHome Loan B an k ______________________
601,750.00
Reserves _____________________________________________________ 1,155,137.00
Notes Payable_______________________________________________
76,592.27
Undivided Profits _____________ ____________ '-------------------------209,345.56
122,818.23
Loans in P r o ce s s ------------------------------------------------------------------Permanent Guaranty S tock ___________________________________
76,000.00
Other Liabilities--------------------------------------------------------------------144,038.85
Total Liabilities ________________________________________ $17,500,490.74




Forty-Second Report

133

SECURITY SAYINGS AND LOAN ASSOCIATION
CAMDEN, OUACHITA COUNTY, ARKANSAS
December 31, 1955
Officers
D. W. Harrell____________ President
Howard East_________Vice President
C. W. Harris____ Secretary-Treasurer
Bernice Barner_______ Ass’t-Secretary

Directors
D. W. Harrell
James M. Rowan, Jr.
Howard East
W. E. Hussman
C. W. Harris
C. E. Parker
J. A. Womack
Leroy Paul
L. E. Tennyson

Assets
Real estate lo a n s _____ $ 207,077.47
Other securities________
1,200.00
Cash on hand and
in banks ____________
25,795.25
Furniture and fixtures_
72.35
Other a ssets___________
304.62

Liabilities
Shares ________________ $ 231,788.77
2,660.92
Reserves ______________

$ 234,449.69

$ 234,449.69

FAYETTEVILLE BUILDING AND LOAN ASSOCIATION
FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS
December 31, 1955
Officers
W. P. McNair, Jr_________ President
H. L. Pearson____ Vice Pres. & Atty.
David M. McNair. Secretary-Treasurer
Maxine Atha Ass’t-Sec. & Ass’t-Treas.

Directors
David M. McNair
H. L. Pearson
W. P. McNair, Jr.
W. C. Smith
Roy A. Adams
F. Fenner Stice
Jerome McRoy

Assets
Real estate lo a n s ______ $4,163,563.30
Share loans ___________
15,731.11
U. S. Gov’t obligations_ 130,000.00
Other securities________
92,900.00
Cash on hand and
in banks ____________
421,067.57
Furniture and fixtu res_
1.00
Other a ssets___________
1.00

Liabilities
Shares ________________ $4,354,862.33
Advances from FHL bank
50,000.00
Reserves ______________
307,472.88
Notes p a y a b le_________
60,000.00
Undivided p r o fit s _____
19,517.67
Loans in p rocess_______
30,992.86
Other liabilities________
418.24

$4,823,263.98

$4,823,263.98




134

State of Arkansas: Bank Department

FORREST CITY SAVINGS AND LOAN ASSOCIATION
FORREST CITY, ST. FRANCIS COUNTY, ARKANSAS
December 31, 1955
Officers
Ed Ash___________________ President
W. E. Stevens________ Vice President
A. L. Harris_________ Vice President
C. W. Norton_____Attorney-Secretary

Directors
Ed Ash
A. L. Harris
John C. Bowen
W. J. Clanton
W. E. Stevens
C. W. Norton

Assets
Real estate lo a n s _____ $ 818,177.49
Share loans ___________
8,968.20
U. S. Gov’t obligations_
15,000.00
Other securities________
12,000.00
Cash on hand and
in banks ____________
68,832.85
Furniture and fixtures_
950.27
346.53
Other a ssets___________

Liabilities
Shares ________________ $ 846,924.42
55,746.40
Reserves ______________
Undivided p r o fit s ______
21,604.52

$ 924,275.34

$ 924,275.34

UNITED SAVINGS ASSOCIATION
FORT SMITH, SEBASTIAN COUNTY, ARKANSAS
December 31, 1955
Officers
F. W. Dyke______________ President
C. C. Davis___________Vice President
R. A. DeLong__ Secretary-Treasurer
E. B. Atterberry___ Asst. Secretary
J. McMurtrey_____ Ass’t. Treasurer
Harry S. Lieber, Jr._Mortgage Loan
Supervisor
Heartsill Ragon____________Attorney

Directors
W. V. Boatright Dr. Ralph Crigler
R. B. Cutting
F. W. Dyke
C. C. Davis
R. J. Ross
R. A. DeLong
Nathaniel Dyke, Jr.
R. L. Bilheimer, Jr.A. R. Noe

Assets
Liabilities
Real estate loans
____$6,472,289.38 Shares ________________ $6,248,113.65
Share loans ___________
27,233.00 Advances from FHL bank 475,000.00
U. S. Gov’t obligations_____________ 307,009.38
Reserves ______________
438,845.53
Other securities________ 106,600.00 Undivided p r o fits ______
31,558.61
Loans in p rocess_
64,903.19
Cash on hand and
in banks ____________
447,177.35 Other liabilities__ 112,388.01
Furniture and fixtures_____________ 10,107.57
Other a ss e ts ___________
392.31




$7,370,808.99

$7,370,808.99

135

Forty-Second Report

JONESBORO BUILDING AND LOAN ASSOCIATION
JONESBORO, CRAIGHEAD COUNTY, ARKANSAS
December 31, 1955
Officers
E. L. Westbrooke__________ President
J. H. Little________________ Secretary
Roy Sigler_______Vice Pres.-Attorney

Directors
W. R. Weaver
Roy Sigler
J. H. Little
F. J. Gregson
E. L. Westbrooke Bryan Armstrong

Assets
Real estate lo a n s _____ $ 269,208.42
Contracts of s a le _______
842.71
7,500.00
Office building ________
Cash on hand and
in banks ____________
6,822.02
Furniture and fixtures_
1.00
Other a ssets___________
12,120.71

Liabilities
Shares ________________ $ 201,207.40
Reserves ____________._
57,611.88
Notes p a ya b le_________
16,592.27
Other liabilities________
21,083.31

$ 296,494.86

$ 296,494.86

PEOPLES BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, PULASKI COUNTY, ARKANSAS
December 31, 1955
Officers
W. W. Finch___________Pres. & Secy.
Claibourne W. Conway_Vice President
Carl Hollis_Vice Pres.-Chmn. Board
W. C. Thomas__ Treas. & Asst. Secy.
Pearl Hinkle_________Asst. Secretary

Directors
W. W. Finch
W. C. Thomas
Carl Hollis
Robert C. Bird
Claibourne W. Conway

Assets
Real estate lo a n s ______$2,832,699.67
Share loans ___________
46,485.78
U. S. Gov’t obligations_ 117,500.00
Other securities________
50,000.00
Cash on hand and
in b a n k s ____________
71,702.83
Furniture and fixtu res
4,074.92

Liabilities
Shares ________________ $2,766,856.04
Advances from FHL bank
50,000.00
Reserves ______________
249,299.39
Undivided p r o fit s ______
26,629.88
Loans in p rocess_______
26,922.18
Other liabilities________
2,755.71

$3,122,463.20

$3,122,463.20




136

State of Arkansas: Bank Department

WARREN BUILDING AND LOAN ASSOCIATION
WARREN, BRADLEY COUNTY, ARKANSAS
December 31, 1955
Officers
J. R. Ganaway___________ President
Louis W. Ederington_Vice President
Byron L. Herring_V. Pres., Sec.-Treas.
B. Ball___________________ Attorney

Directors
Louis W. Ederington N. R. Herring
Byron L. Herring
J. B. Fraser
J. R. Ganaway
Clara Beard
Louis W. Ederington

Assets
Real estate lo a n s _____ $ 673,167.64
Share loans ___________
7,023.61
U. S. Gov’t obligations
22,200.00
Other securities________
12,100.00
Office b u ild in g ________
1,200.00
Cash on hand and
in banks ____________
13,043.43

Liabilities
Shares ________________ !
Advances from FHL bank
Reserves ______________
Undivided p r o fit s _____
Permanent guaranty
stock ________________
Other liabilities________




$ 728,734.68

465,056.22
26.750.00
43.500.00
110,034.88
76,000.00
7,393.58
728,734-68

Forty-Second, Report

137

SECURITIES DIVISION
June 30, 1956
*

*

*

*

*

*

*

*

*

*

*

*

*

*




*

*

138

State of Arkansas: Bank Department

SUPERVISED LOAN COMPANIES UNDER ACT 397 OF 1947
June 30, 1956

Union Investment Co., Inc___________________________ El Dorado, Ark.
Standard Finance Company_________________________ Fayetteville, Ark.
Utley & Co., Inc____________________________________ Fayetteville, Ark.
Peoples Co., Inc____________________________________ Fort Smith, Ark.
Arkansas Acceptance Company______________________ Harrison, Ark.
(No Report)
Helena Industrial Loan Corp.________________________ Helena, Ark.
Home Finance System, Inc___________________________ Helena, Ark.
The Peoples Loan & Investment Company____________ Hope, Ark.
Arkansas Investment Company______________________ Hot Springs, Ark.
Securities Investment Company______________________ Jonesboro, Ark.
(No Report)
Atlas Finance Company_____________________________ Little Rock, Ark.
Central Loan and Investment Company______________Little Rock, Ark.
(No Report)
Securities Investment Company______________________ Little Rock, Ark.
(No Report)
Liberty Loan & Realty Company_____________________ Little Rock, Ark.
Murdock Acceptance Corp___________________________ Little Rock, Ark.
United Loan & Investment Company________________ Little Rock, Ark.
(No Report)
James L. Lucas Company------------------------------------------ Magnolia, Ark.
Peerless Thrift & Loan Company____________________ Morrilton, Ark.
Peoples Loan & Investment Co., Inc___________________Mount Ida, Ark.
Union Industrial Loan Corp_________________________ North Little Rock, Ark.
Charles J. Upton Loan & Real Estate Company________West Memphis, Ark.




Forty-Second Report

MORTGAGE LOAN COMPANIES UNDER ACT 397 OF 1947
June 30, 1956
H. A. Crabb & Co., Inc_________________________ Arkadelphia, Ark.
Houston, Tex.
Julian J. Rothbaum & Co., Inc________________ Arkadelphia, Ark.
Tulsa, Okla.
David Investment Company____________________Blytheville, Ark.
Logan Finance Corp---------------------------------------- Blytheville, Ark.
Home Improvement Financing Corp____________ Fort Smith, Ark.
Washington, D. C.
Republic Mortgage Co., Inc_____________________Fort Smith, Ark.
E. Walden Williams & Co., Inc________________ Fort Smith, Ark.
Block Mortgage Co., Inc_______________________ Little Rock, Ark.
Don Dinning Investments, Inc___________________Little Rock, Ark.
Wichita, Kan.
Jack Collier East Co., Inc______________________ Little Rock, Ark.
Gersham Investment Corp_____________________ Little Rock, Ark.
Clayton, Mo.
S. H. Hetherwick Mortgage & Investment_______Little Rock, Ark.
Company
Shreveport, La.
Victor Howard Co., Inc________________________ Fort Smith, Ark.
Investment Company of Houston_______________ Little Rock, Ark.
Houston, Tex.
Mainland Mortgage Company__________________Little Rock, Ark.
Houston, Tex.
Marcus W. Meairs Company___________________ Little Rock, Ark.
Riverside, Calif.
Midwest Mortgage Co., Inc_____________________Little Rock, Ark.
Wichita, Kan.
North American Mortgage Corp_______________ Little Rock, Ark.
St. Petersburg, Fla.
Old Colonial Mortgage Co., Inc________________ Little Rock, Ark.
Houston, Tex.
Roberts Mortgage Co., Inc_____________________Little Rock, Ark.
Wichita, Kan.
William E. Terry & Co., Inc___________________ Little Rock, Ark.
Texas Investment Corp_______________________ Little Rock, Ark.
Houston, Tex.
Texas State Mortgage Company________________ Little Rock, Ark.
Houston, Tex.
Union Mortgage & Investment Co., Inc_________ Little Rock, Ark.
Houston, Tex.
T. A. White Company_________________________ Little Rock, Ark.
Shreveport, La.
Ziegler Investment Company__________________Little Rock, Ark.
Clayton, Mo.
Home Loans, Inc---------------------------------------------- North Little Rock, Ark.
Guaranty Loan & Real Estate Company________West Memphis, Ark.




139

140

State of Arkansas: Bank Department

COMBINED STATEMENT OF RESOURCES AND LIABILITIES OF
SIX INDUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER ACT 111 OF 1941
June 30, 1956
Assets
Loans_________________________________________________ $1,863,654.51
Cash on hand andin banks_____________________________
164,198.92
Bonds and securities__________________________________
269,021.90
17,664.07
Other assets _________________________________________
TOTAL A S S E T S _________________________________ $2,314,539.40
Liabilities
Capital ______________________________________________ $
Surplus ______________________________________________
Unearned discount____________________________________
Notes payable________________________________________
Debentures___________________________________________
R eserves_____________________________________________
Certificates __________________________________________
Other liabilities-______________________________________
TOTAL LIABILITIES




517,975.00
414,055.19
49,636.70
729,402.64
80,900.00
63,535.18
434,789.35
24,245.34

$2,314,539.40

141

Forty-Second Report

COMMERCIAL CREDIT PLAN, INC.
FORT SMITH, ARKANSAS
June 30, 1956
Officers
H. A. C h erry___________________________________________ President
J. F. Ireton _____________________________________________ Secretary
S. M. Chesney _________________________________________ Treasurer
M. S. Crawley __________________________________________ Manager

35,008.23
99,093.75

Liabilities
C apital________________ $ 100,000.00
Surplus _______________
18,447.37
Unearned d iscou n t____
282.56
Notes p a ya b le_________
21,923.98
Reserved for had debts _
222.68
Certificates____________
14,313.96
1,510.50
Other liabilities _______

Total assets ___________ $ 156,701.05

Total liabilities _________ $156,701.05

A ccn fc!

Loans _________________ $
Cash on hand and
in banks ____________
Bonds and securities

22,599.07

PEOPLES LOAN AND INVESTMENT COMPANY
FORT SMITH, ARKANSAS
June 30, 1956
Officers
R. A. Young, Jr.
Roger E. Curtis _
R. C. H elvie___
Mary C. Sims .
Assets
Loans ______________
Cash on hand and
in banks _________
Other assets _______

Total assets




_________ President
____ Vice-President
Secretary-Manager
_________Treasurer
695,470.78
77,457.43
13,667.51

786,595.72

Liabilities
Capital _______________ $ 92,975.00
Surplus _______________
64,000.45
Debentures ____________
80,900.00
Notes p aya b le_________
387,442.64
Thrift C ertificates____
131,001.26
Reserves ______________
30,276.37
Total liabilities ________ $ 786,595.72

142

State of Arkansas: Bank Department

COMMERCIAL CREDIT PLAN, INC.
JONESBORO, ARKANSAS
June 30, 1956
Officers
H. A. C herry____________________________________________ President
J. F. Ire to n ______________________________________________Secretary
S. M. C hesney__________________________________________ Treasurer
A. W. H a r d y ____________________________________________ Manager

4,377.41
99,093.75

Liabilities
C apital________________ $ 100,000.00
Surplus _______________
20,801.05
Unearned discou n t____
697.89
Notes payable ________
333.33
Reserve for bad debts _
177.16
Certificates ___________
17,026.58
Other liabilities__________
1,558.85

Total assets __________$ 140,594.86

Total liabilities________ $ 140,594.86

Assets
Loans ________________ $
Cash on hand and
in banks ____________
Bonds and securities__

37*123.70

COMMERCIAL CREDIT PLAN, INC.
LITTLE ROCK, ARKANSAS
June 30, 1956
Officers
H. A.
J. F.
S. M.
K. F.

C herry____________________________________________ President
Ire to n ____________________________________________ Secretary
C hesney__________________________________________ Treasurer
T u rn er------------------------------------------------------------------- Manager

Assets
L o a n s _________________ $
Cash on hand and
in banks ____________
Bonds and secu rities_

$

Total assets




6,493.82
70,834.40

Liabilities
Capital _______________ $
Surplus _______________
Unearned discou n t_____
Notes payable ________
Reserved for bad debts _
Certificates ___________
Other liabilities _______

50,000.00
12,476.60
117.12
17,911.03
142.86
9,764.70
1,093.58

91,505.89

Total liabilities

91,505.89

14,177.67

$

Forty-Second Report

143

NATIONAL CREDIT CORPORATION
PINE BLUFF, ARKANSAS
June 30, 1956
Officers
N. J. Gantt, J r . _________________________________________President
V. D. W e b b ________________________________________ Vice-President
C. A. D a vies___________________________________Secretary-Manager
C. S. McNew, J r . ________________________________________ Treasurer
Assets
Loans ________________ $ 863,072.14
Cash on hand and
in banks ____________
33,911.07
Other assets --------------3,306.28

Liabilities
Capital _______________ $
Surplus ________________
Unearned discou n t____
Notes p a ya b le_________
Investment certificates _
Reserved for bad debts _
Other liabilities _______

Total a ss e ts ___________$ 900,289.49

Total liabilities________ $ 900,289.49

125,000.00
129,477.33
48,539.13
281,791.66
262,682.85
32,716.11
20,082.41

MORGAN PLAN COMPANY
TEXARKANA, ARKANSAS
June 30, 1956
Officers
__________President
_____ Vice-President
Secretary-Treasurer
& Manager

F. E. W ilson _____
S. H. Atkinson___
Edwin D. McDaniel
Assets
Loans _____________
Cash on hand and
in banks _________
Other assets _______
Total assets




231,211.15;
6,950.96
690.28
238,852.39

Liabilities
Capital _______________ $ 50,000.00
Surplus _______________
168,852.39
Notes p a y a b le_________
20,000.00
Total lia b ilitie s ________ $ 238,852.39

144

State of Arkansas: Bank Department

LISTINGS OF FIFTY-TWO CREDIT UNIONS WITH COMBINED
STATEMENT OF ASSETS AND LIABILITIES
OF FORTY-ONE CREDIT UNIONS REPORTED
AS OF DECEMBER 31, 1955
Assets
L oan s_________________________________________________ $1,512,309.68
Bonds and Securities _________________________________
383,385.40
Cash on Hand andin B an k s__________________________
252,587.83
Other A s s e ts _________________________________________
49,477.87
TOTAL A S S E T S _________________________________ $2,197,760.78
Liabilities
Shares _______________________________________________ $2,000,492.82
Guaranty Fund __________________________________:___
79,019.64
Undivided Profits ____________________________________
67,015.83
Notes Payable _______________________________________
22,790.11
Other Liabilities______________________________________
28,442.38
TOTAL LIA B ILITIE S___________________________ $2,197,760.78
Total approximate number of members 10,784




Forty-Second Report

145

WILLIAMS ROOFING EMPLOYEES CREDIT UNION
CAMDEN, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans _______
Cash on hand
and in banks
Other assets _

3,016.03

Total assets __________ $

1,173.25
107.00

S h a res________________ $
Guaranty fu n d _________
Undivided p r o fit s ______
Notes payable ________

3,973.01
128.71
112.06
82.50

4,296.28

Total liabilities

4,296.28

Approximate number of members 60

LION OIL CO-OPERATIVE SAVINGS &' CREDIT ASSOCIATION
EL DORADO, ARKANSAS
December 31, 1955
Assets
Loans ________________ $ 136,024.87
Bonds and securities___
230,810.00
Cash on hand
and in b a n k s________
50,401.75
Other assets __________
39,629.77
Total assets

_____ $ 456,866.39

Liabilities
Shares ________________ $ 419,730.50
Guaranty fund ________
11,238.46
Undivided p r o fit s _____
10,066.57
Dividends payable______
10,663.21
Other liabilities _________
5,167.65
Total liabilities _

Approximate number of members 1,214




.%

456, 866.39

146

State of Arkansas: Bank Department

P A N -A M EL DORADO EMPLOYEES CREDIT UNION
EL DORADO, A R K A N SA S
December 31, 1955
Liabilities

Assets
Loans __________________ $
Bonds and secu rities__
Cash on hand
and in b a n k s _________
Other a s s e ts -------------------

21,197.62
700.21

______ $

22,516.34

Total

assets

502.38
116.13

Shares ___________
Guaranty fund
Undivided profits
Other liabilities

19,098.16
977.68
1,396.67
1,043.83

Total liabilities _

22,516.34

Approximate number of members 314

A R K A N SA S W ESTERN EMPLOYEES CREDIT UNION
FA YE T TE V ILL E , A R K A N SA S
December 31, 1955
Liabilities

Assets

Loans ________________ i
Bonds and sec u rities__
Cash on hand
and in b a n k s _________
Other assets ___________
Total

assets

___________ $

47,704.72
36,864.00
2,325.57
30.00
86,924.29

Shares __________________ $
Guaranty fu n d __________
Undivided p r o fit s ______
Other liabilities______ __

80,550.00
2,939.28
2,183.97
1,251.04

Total liabilities--------------$

86,924.29

Approximate number of members 132

W ASH IN G TO N COUNTY FEDERAL EMPLOYEES CREDIT UNION
FA YE TTE V ILLE , A R K A N SA S




Permit June 30, 1956

TH E COCA-COLA CREDIT UNION
FORT SMITH, A R K A N SA S
Permit June 27, 1956

147

Forty-Second Report

SEBASTIAN FEDERAL EMPLOYEES CREDIT UNION
FORT SMITH, ARKANSAS
December 31, 1955
Liabilities

Assets
L o a n s _________________ $
Cash on hand
and in b a n k s ________

8,535.48

Total assets __________$

10.118.46

1,582.98

Shares _________
Guaranty fund _
Undivided profits
Other liabilities _
Total liabilities________$

9,625.00
98.53
285.12
109.81
10,118.46

Approximate number of members 100

GURDON MISSOURI PACIFIC EMPLOYEES CREDIT UNION
GURDON, ARKANSAS
Permit August 5, 1952
(Inactive)

APALCO 6 CREDIT UNION
HOT SPRINGS, ARKANSAS
Permit January 22, 1956

ARLINGTON HOTEL CREDIT ASSOCIATION
HOT SPRINGS, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ $
Cash on hand
and in b a n k s________
Total assets __________ $

13,862.89
1,771.90
15,634.79

Liabilities
Shares _______________
Guaranty fund _______
Undivided p r o fits ____
Notes payable _______

14,686.78
130.40
317.61
500.00

Total lia b ilitie s ________ $

15,634.79

Approximate number o f members 159




State of Arkansas: Bank Department

148

HOT SPRINGS FEDERAL EMPLOYEES CREDIT UNION
HOT SPRINGS, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s _________________ $
Bonds and secu rities_
Cash on hand
and in b a n k s ________
Other assets __________

66,719.98
2,030.01

Total assets

78,180.94

_____ $

8,847.83
583.12

Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Notes p aya b le-------------Other liabilities _______

70,549.61
2,737.36
3,207.00
1,500.00
186.97

Total liabilities _

.$

78,180.94

Shares ________________ $
Guaranty fund ________
Undivided p r o fit s _____

26,133.08
812.32
973.33

Total liabilities________$

27,918.73

Approximate number of members 342

MAJESTIC HOTEL CREDIT ASSOCIATION
HOT SPRINGS, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans ________
Cash on hand
and in banks
Other assets _

18,485.42

Total assets __________$

27,918.73

9,408.31
25.00

Approximate number of members 117

AGRICULTURAL EXTENSION WORKERS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans -------------------------Bonds and secu rities_
Cash on hand
and in b a n k s ________
Other assets __________

56,210.61
4,350.00

Total assets

68,119.61

__________$

7,435.43
123.57

Shares _________
Guaranty fund _
Undivided profits
Other liabilities

60,815.01
3,758.43
3,509.17
37.00

Total liabilities________$

68,119.61

Approximate number of members 215




Forty-Second Report

149

ARKANSAS DEMOCRAT CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s_________________ 1
Bonds and securities —
Cash on hand
and in b a n k s ________
Other assets __________

35,561.53
2,000.00

Total assets __________$

41,897.43

3,972.36
363.54

Shares _________
Guaranty fund
Undivided profits

37,610.75
2,690.14
1,596.54

Total liabilities------------$

41,897.43

Approximate number of members 152

ARKANSAS MAID CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
Loans
_
Cash on hand
and in banks
Other assets _

Liabilities
_

.

Total assets

_$

2,163.92
1,037.02
70.18

_
$

3,271.12

3,233.08
32.00
6.04

Shares
Guaranty fund
Notes payable
Total liabilities

----- $

3,271.12

Approximate number of members 128

ARKLAGAS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Liabilities

Assets
$
Loans
Bonds and securities
Cash on hand
and in banks _
Other assets __________

13,199.43
1,797.21

Total assets __________$

95,145.29




75,412.62
4,736.03

Shares _
Guaranty fund
Undivided profits
Other 'liabilities

— $
___
_____

Total liabilities________$

Approximate number of members 324

86,024.25
3,919.68
5,049.93
151.43
95,145.29

State of Arkansas: Bank Department

150

CAPITOL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ $
Bonds and secu rities_
Cash on hand
and in b a n k s ________

Liabilities
86,129.86
11,664.00

Shares _______________
Guaranty fund ______
Undivided p r o fits ____

101,178.39
2,535.27
636.57

Total liabilities

104,350.23

6,556.37

Total assets __________$ 104,350.23

Approximate number of members 473

CENTRAL TRADES COUNCIL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans ________
Cash on hand
and in banks
Other assets _

41,385.97

Total assets --------------- $

41,427.38

36.41
5.00

Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities _______

36,309.98
287.68
829.72
4,000.00

Total liabilities _

41,427.38

Approximate number of members 326

DEPARTMENT OF LABOR CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ $
Bonds and secu rities_
Cash on hand
and in b a n k s ___ .___
Other assets __________
Total assets __________$




40,053.52
1,370.00

Liabilities
Shares _______________
Guaranty fund ______
Undivided p r o fit s -------

51,202.52
1,967.24
1,041.82

Total liabilities

54,211.58

12,621.36
166.70
54,211.58

Approximate number of members 231

151

Forty-Second Report

ENGINEERS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s _________________ $
Bonds and secu rities_
Cash on hand
and in b an k s________

43,345.44
10,000.00

Total assets __________$

59,135.60

Shares _________
Guaranty fund _
Undivided profits

54,792.86
2,183.62
2,159.12

Total liabilities________$

59,135.60

5,790.16

Approximate number of members 335

FAGAN CREDIT UNION
LITTLE ROCK, ARKANSAS
Permit December 1, 1955

FEDERATION CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Liabilities

Assets
L o a n s _________________ i
Bonds and secu rities_
Cash on hand
and in b a n k s________

66,267.08
6.745.00

Total assets __________ $

75,629.08

2.617.00

Shares _________
Guaranty fund _
Undivided profits
Other liabilities

61,496.77
5,120.48
683.66
8,328.17

Total liabilities________$

75,629.08

Approximate number of members 346

FRANKE’S CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Liabilities

Assets

L o a n s _________________ $
Cash on hand
and in banks ________
Total assets __________ $

2,576.31

Shares ________________ $
Guaranty fu n d ________
Undivided p r o fit s ______

4,047.03
820.27
103.98

4,971.28

Total liabilities .

4,971.28

2,394.97

Approximate number o f members 126



$

152

State of Arkansas: Bank Department

GAZETTE EMPLOYEES’ CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans _________________ $
Bonds and secu rities_
Cash on hand
and in b a n k s ________

12,117.86
500.00

Total assets __________$

16,765.76

4,147.90

Shares _______________
Guaranty fund ---------Undivided p r o fit s ____
Notes payable _______

12,511.41
605.90
148.45
3,500.00

Total liabilities _

16,765.76

Approximate number of members 164

KEMBA LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ 1
Bonds and secu rities_
Cash on hand
and in b a n k s ------------

49,980.06
10,740.00

Total assets __________$

92,806.57

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fits ______

79,714.45
6.445.91
6,646.21

Total liabilities________$

92,806.57

32,086.51

Approximate number of members 328

LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYEES’
CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Liabilities

Assets

663.85

Shares ------------------------ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities _______

4,694.75
549.86
303.90
2,499.34

8,047.85

Total liabilities________$

8,047.85

L o a n s _________________ $
Bonds and secu rities
Cash on hand
and in b a n k s------------

4,184.00
3,200.00

Total assets __________$




Approximate number of members 80

Forty-Second Report

153

LITTLE ROCK POSTAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s _________________ $ 115,303.60
Bonds and secu rities_
8,404.00
Cash on hand
and in b a n k s________
17,887.69
Other assets __________
282.98

Shares _______________
Guaranty fund _______
Undivided p r o fits ____
Other liabilities _____

124,652.79
10,466.10
6,477.38
282.00

Total assets --------------- $ 141,878.27

Total liabilities

141,878.27

Approximate number of members 482

PULASKI COUNTY EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
Permit April 12, 1956

SOUTHWEST HOTELS CREDIT ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans
Bonds and securities
Cash on hand
and in banks
_ .
Other a s s e ts _
_ _

34,077.87
20,000.00

Total assets _

65,890.66

___ — $

11,804.99
7.80

Shares ------------- -------- -$
Guaranty fund _______
Undivided profits
___
Notes payable _ _

62,678.65
2,727.06
482.59
2.36

Total liabilities

-$

65,890.66

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s _____
Notes payable ________

13,467.94
368.56
441.61
1,000.00

Total lia b ilitie s ________ $

15,278.11

Approximate number of members 334

STATE CENTRAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ !
Bonds and secu rities_
Cash on hand
and in b a n k s________
Other assets __________
Total assets __________ $




10,691.75
2,500.00
2,085.36
1.00
15,278.11

Approximate number o f members 97

154

State of Arkansas: Bank Department

TELCOE CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s _________________ :
Bonds and secu rities_
Cash on hand
and in b a n k s ________
Other assets __________

192,420.84
4,633.22

Total a s s e ts __________$

206,848.41

9,028.45
765.90

Shares _________
Guaranty fund _
Undivided profits
Other liabilities

190,754.16
4,843.99
10,872.33
377.93

Total liabilities________$ 206,848.41

Approximate number of members 1,291

U. D. CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
Loans ______________
Cash on hand
and in b a n k s _____

28,258.12

Total assets __________$

29,991.50

1,733.38

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Notes payable ________

27,630.36
463.80
397.34
1,500.00

Total liabilities .

29,991.50

Approximate number of members 250

U. S. TIME EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans _________________
Bonds and secu rities_
Cash on hand
and in b a n k s________
Other assets __________

33,432.27
5.00

Total assets __________$

42,550.56




5,906.10
3,207.19

Shares _________
Guaranty fund _
Undivided profits
Notes payable _
Other liabilities

40,880.63
338.25
664.10
154.29
513.29

Total liabilities________$

42,550.56

Approximate number of members 460

155

Forty-Second Report

VETERANS ADMINISTRATION EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ $
Bonds and securities __
Cash on hand
and in b a n k s______
Other assets __________
Total assets __________$

39,765.47
2,500.00
7,428.04
227.06
49,920.57

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities _______

45,765.28
2,316.22
1,820.84
18.23

Total liabilities________$

49,920.57

Approximate number of members 302

V.

A. HOSPITAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1955

Assets

Liabilities

L o a n s _________________ $
Cash on hand
and in b a n k s________

39,692.24

Total assets __________$

42,069.33

2,377.09

Shares _________
Guaranty fund _
Undivided profits

40,773.10
809.06
487.17

Total liabilities________$

42,069.33

Approximate number of members 246

O.
M. C. CREDIT UNION
MORRILTON, ARKANSAS
Permit June 22, 1956

CAMERON FEED MILLS EMPLOYEES CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
Permit April 6, 1956

THE FORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s_________________ $ 104,101.09
18,328.93
Bonds and secu rities_
Cash on hand
and in b a n k s________
12,961.90
Other assets __________
100.00

Shares ________________ $ 129,319.07
Guaranty fund ________
4,049.48
Undivided p r o fit s _____
2,116.98
Other liabilities _______
6.39

Total assets __________ $ 135,491.92

Total lia b ilitie s ________ $ 135,491.92

Approximate number o f members 623



State of Arkansas: Bank Department

156

NORTH LITTLE ROCK EDUCATORS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
Permit April 10, 1956

NORTH LITTLE ROCK-MISSOURI PACIFIC CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1955
Assets
L o a n s _________________ $
Bonds and secu rities_
Cash on hand
and in b a n k s ________
Other assets __________
Total assets --------------- $

31,766.90
1,300.00
3,890.69
1,251.44
38,209.03

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities _______

34,021.81
1,590.38
214.72
2,382.12

Total liabilities________$

38,209.03

Approximate number of members 328

OSCEOLA FOODS EMPLOYEES CREDIT UNION
OSCEOLA, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s _________________ $
Cash on hand
and in b a n k s ________

1,350.62
711.33

Shares _________
Guaranty fund Undivided profits

Total assets __________$

2,061.95

Total liabilities .

1,894.48
53.19
114.28
$

2,061.95

Approximate number of members 30

MISSOURI PACIFIC-PARAGOULD CREDIT UNION
PARAGOULD, ARKANSAS
December 31, 1955
Liabilities

Assets
Loans ________
Cash on hand
and in banks

$

Total assets

$




17,262.15
1,231.02

Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ---------Other liabilities _______

16,192.09
659.96
587.65
1,053.47

18,493.17

Total liabilities________$

18,493.17

Approximate number of members 139

Forty-Second Report

157

KILOWATT CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1955
Liabilities

Assets
T.oans
Cash on hand
and in banks
Other assets

-$

Total assets

-$

6,302.25
449.65
5.00
6 756.90

S h a re s___ _
Guaranty fund
Undivided profits
Other liabilities _

-$

6,071.16
64.15
121.59
500.00

-$

6,756.90

_ _

Total liabilities

Approximate number of members 132

P.
B. M. CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1955
Assets

Liabilities

L o a n s_________________ $
Cash on hand
and in b an k s________

2,975.47

Total assets __________$

1,175.52

Shares _______________
Guaranty fund _______
Undivided p r o fit s ____

3,894.90
74.22
181.87

4,150.99

Total liabilities________$

4,150.99

Approximate number of members 68

400 CREDIT UNION
SEARCY, ARKANSAS
Permit March 5, 1956

ARKANSAS GRANGE CREDIT UNION
SPRINGDALE, ARKANSAS




Permit June 25,1956

158

State of Arkansas: Bank Department

WELCH EMPLOYEES CREDIT UNION
SPRINGDALE, ARKANSAS
December 31, 1955
Assets
------------- $
Loans _
Cash on hand
and in banks

Total assets _

__

$

3,340.52

Liabilities
Shares _____________ _ -$
Guaranty fund _
_ .
Undivided profits
Notes p a y a b le ______
Other liabilities _ _ .

6,475.00
101.77
312.06
4.86
84.16

6,977.85

Total liabilities_____

.-$

6,977.85

Liabilities
Shares
__ _ _ ----- $
Notes payable _ _
Other liabilities

362.25
76.85
8.25

Total liabilities _

447.35

3,637.33

Approximate number of members 81

A. T. S. CREDIT UNION
STATE SANATORIUM, ARKANSAS
December 31, 1955
Assets
L o a n s __ ______ ---------- $
Cash on hand
and in banks
Other assets

290.59
86.76

Total assets

447.35

_$

70.00

Approximate number of members 33

CO-OP CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1955
Assets
L o a n s ___________ — _$
Cash on hand
and in b a n k s _
Other assets __________
Total assets __________$




5,445.57
1,115.90
48.37
6,609.84

Liabilities
Shares ___________ _____ $
Guaranty f u n d __
Undivided profits

6,284.47
20.12
305.25

Total liabilities________$

6,609.84

Approximate number of members 42

159

Forty-Second Report

MILLER ARKANSAS CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1955
Assets
Loans _ _
Cash on hand
and in banks
Other assets _

---------- $

Total assets _

______ $

Liabilities
336.00
222.68
41.92
600.00

___
Shares _
Guaranty fund ____

584.91
15.69

Total liabilities____

600.60

Approximate number of members 50

RAILWAY EMPLOYEES CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1955
Assets

Liabilities

Loans _ ____________$
Bonds and secu rities_
Cash on hand
and in b an k s_____
Other assets___________

14,055.42
5.00

Total assets

------------- $

130.42
401.00

Shares __ ----------------- -$
Guaranty fund _______
Undivided p r o fit s _____
Notes payable _______
Other liabilities ______

10,194.81
68.17
166.67
3,800.00
362.19

14,591.84

Total liabilities _______ -$

14,591.84

Approximate number of members 96

STRICKLAND EMPLOYEES CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1955
Assets
L o a n s _______________ _$
Cash on hand
and in b a n k s________
Other assets _________
Total assets --------------- $




610.27
62.43
34.23
706.93

Liabilities
Shares _______________
Guaranty fund _______
Other liabilities
_

A

Total liabilities _______ -$

Approximate number of members 34

617.57
10.25
79.11
706.93

160

State of Arkansas: Bank Department

QUALIFIED STOCK EXCHANGES
Securities listed on the following Stock Exchanges may be qualified by
notification by an applicant company filing the name of the company, its
address, the amount of securities sought to be sold in Arkansas, and paying
the fee required by law.




American Stock Exchange
Chicago Board of Trade
Chicago Stock Exchange
New York Produce Exchange
New York Stock Exchange

Forty-Second, Report

161

ISSUERS REGISTERED BY QUALIFICATION IN ARKANSAS
UNDER ACT 397 OF 1947
June 30, 1956
Aerial Intensity Survey Corp_______________________ Mena, Arkansas
Affiliated Fund, Inc________________________________ New York, New York
American Business Shares, Inc______________________ New York, New York
American Foundation Life Insurance Company______ Little Rock, Arkansas
American Mutual Fund, Inc--------------------------------------Los Angeles, Calif.
American Shopping Centers, Inc_____________________Minneapolis, Minnesota
American Trusteed Funds, Inc-----------------------------------New York, New York
Associated Fund Trust_____________________________ St. Louis, Missouri
Atomic Development MutualFund, Inc______________ Washington, D. C.
Axe Houghton Fund A, Inc________________________Tarry town, New York
Axe Houghton Fund B, Inc-------------------------------------Tarrytown, New York
Axe Houghton Stock Fund. Inc------------------------------- Tarrytown, New York
Bankers Insurance Company________________________ Conway, Arkansas
Blue Ridge Mutual Fund, Inc---------------------------------- New York, New York
Bond Fund of Boston---------------------------------------------- Boston, Massachusetts
Bond Investment Trust of America__________________Boston, Massachusetts
Boston Fund, Inc----------------------------------------------------- Boston, Massachusetts
Broad Street Investing Corp.____------------------------------ New York, New York
Canada General Fund (1954 Limited)------------------------ Toronto, Canada
Canadian Fund, Inc--------------------------------------------------New York, New York
Century Shares Trust—-------------------------------------------- Boston, Massachusetts
Chemical Fund, I n c ._______________________________ New York, New York
Colonial Fund, Inc--------------------------------------------------- Boston, Massachusetts
Commercial Corp----------------------------------------------------- Little Rock, Arkansas
Commonwealth Investment Company------------------------- San Francisco, Calif.
Commonwealth Stock Fund, Inc--------------------------------- San Francisco, Calif.
Concord Fund, Inc--------------------------------------------------- Boston, Massachusetts
Continental Copper & Steel Industries, Inc-----------------New York, New York
Corporate Leaders of America, Inc----------------------------New York, New York
Crown Western Investments, Inc------------------------------- Dallas, Texas
Delight Oak Flooring Company--------------------------------Delight, Arkansas
Development Corp. for Israel------------------------------------- New York, New York
Donut Supplies, Inc-------------------------------------------------- Little Rock, Arkansas
Diversified Growth Stock Fund, Inc-------------------------- Elizabeth, New Jersey
Diversified Investment Fund, Inc-------------------------------Elizabeth, New Jersey
Dividend Shares, Inc------------------------------------------------ New York, New York
Duracraft Boats, Inc------------------------------------------------ Monticello, Arkansas
Dykes Associates------------------------------------------------------Little Rock, Arkansas
Eaton & Howard Balanced Fund, Inc-------------------------Boston, Massachusetts
Eaton & Howard Stock Fund, Inc----------------------------- Boston, Massachusetts
El Gato Salvaje Uranium Exploration &
Development, Inc-----------------------------------------------Little Rock, Arkansas
Federated Plans, Inc________________________________ Worcester, Mass.
Fidelity Fund, Inc--------------------------------------------------- Boston, Massachusetts
Fidelity Investment Company-----------------------------------Little Rock, Arkansas
Financial Industrial Fund, Inc-------------------------------- Denver, Colorado
First Arkansas Investment Corp------------------------------- Little Rock, Arkansas
Founders Mutual Depositor Corp----------------------------- Denver, Colorado
Fundamental Investors, Inc---------------------------------------Elizabeth, New Jersey
Gas Industries Fund, Inc------------------------------------------ Boston, Massachusetts
General Life Ins. Company of Ark----------------------------Little Rock, Arkansas
Government Personnel Mutual Fund, Inc____________ Washington, D. C.
Group Securities, Inc----------------------------------------------- Jersey City, N. J.
Guaranty Loan and Real Estate Company------------------ West Memphis, Ark.
Hamilton Fund, Inc--------------------------------------------------Denver, Colorado
Heuer-Williams Associates, Inc-------------------------------- Harrison, Arkansas



162

State of Arkansas: Bank Department

Income Fund of Boston, Inc_________________________ Boston, Massachusetts
Incorporated Income Fund__________________________ Boston, Massachusetts
Incorporated Investors______________________________ Boston, Massachusetts
Independent Life Insurance Company________________North Little Rock, Ark.
Industrial Securities Corp___________________________ Little Rock, Arkansas
Institutional Income Fund, Inc______________________New York, New York
Institutional Shares, Ltd____________________________ New York, New York
Investment Company of America____________________ Los Angeles, Calif.
Investment Trust of Boston________________________ Boston, Massachusetts
Investors Group Canadian Fund, Ltd________________ Winnipeg, Canada
Investors Mutual, Inc_______________________________ Minneapolis, Minnesota
Investors Selective Fund___________________________ Minneapolis, Minnesota
Investors Stock Fund_______________________________ Minneapolis,'Minnesota
Investors Syndicate of America, Inc------------------------- Minneapolis, Minnesota
Keystone Custodian, Inc_____________________________ Boston, Massachusetts
Keystone Fund of Canada, Ltd_______________________ Montreal, Canada
Lexington Trust Fund Shares______________________ New York, New York
Life Insurance Investors, Inc________________________ New York, New York
M & D Store Fixtures, Inc__________________________ Los Angeles, Calif.
Managed Funds, Inc------------------------------------------------- St. Louis, Missouri
Manhattan Bond Fund, Inc__________________________ Elizabeth, New Jersey
Massachusetts Investors Growth Stock Fund, Inc_____ Boston, Massachusetts
Massachusetts Investors Trust______________________ Boston, Massachusetts
Merchant Bakers Alliance, Inc_______________________Springdale, Arkansas
Millsap Oil & Gas Company_________________________ Wilmington, Deleware
Mississippi Valley Company_________________________ Jonesboro, Arkansas
E. M. Moore Enterprise, Inc__________________________ Pine Bluff, Arkansas
Murphy Corp_______________________________________ El Dorado, Arkansas
National Investors Corp_____________________________ New York, New York
National Securities & Research Corp_________________ New York, New York
North Little Rock Funeral Home, Inc_________________North Little Rock, Ark.
Northwest Production Corp__________________________ Houston, Texas
Oresco, Inc--------------------------------------------------------------- ITellville, Arkansas
Ozark Packing Company____________________________ Ozark, Arkansas
Pioneer Fund, Inc------------------------------------------------------ New York, New York
Pioneer Western Life Insurance Company____________ Little Rock, Arkansas
The George Putnam Fund of Boston_________________ Boston, Massachusetts
S. & S. Lakesite Homes, Inc-------------------------------------- Cabot, Arkansas
Scudder, Stevens & Clark Fund, Inc_________________ Boston, Massachusetts
Selected American Shares, Inc_______________________Chicago, Illinois
Southern Equitable Life Insurance Company_________ Little Rock, Arkansas
Southwest Manufacturing Company__________________ Little Rock, Arkansas
Southwestern Investors, Inc_________________________ Dallas, Texas
Television Electronics Fund, Inc______________________Chicago, Illinois
Texas Fund, Inc------------------------------------------------------- Houston, Texas
Trans-Continental Life & Accident Insurance Co--------- Little Rock, Arkansas
United Funds, Inc------------------------------------------------------Kansas City, Missouri
Accumulative Fund_____________ Continental Fund
Income Fund and Accumulative Fund.Science Fund
United Funds of Canada, Ltd________________________Toronto, Canada
United Specialties, Inc______________________________ El Dorado, Arkansas
The Value Line Fund, Inc___________________________ New York, New York
The Value Line Income Fund, Inc___________________ New York, New York
The Value Line Special SituationsFund, Inc.__________New York, New York
Wall Street Investing Corp--------------------------------------- New York, New York
The Wellington Company___________________________ Camden, New Jersey
Winrock Enterprises, Inc-------------------------------------------Morrilton, Arkansas
Your Green Gift Stamp Companv___________________ Little Rock, Arkansas




Forty-Second Report

163

ISSUERS REGISTERED BY NOTIFICATION IN ARKANSAS
UNDER ACT 397 OF 1947
June 30, 1956
American Can Co___________________________________ New York, New York
American Machine & Foundry Co___________________ New York, New York
Armour & Co______________________________________ Chicago, Illinois
The Borden Co_____________________________________ New York, New York
Campbell Soup Co__________________________________ Camden, New Jersey
Capital Airlines, Inc_______________________________ Washington, D. C.
Carpenter Paper Co________________________________ Omaha, Nebraska
C. I. T. Financial Corp______________________________ New York, New York
Cox Planing Mill & Lumber Co., Inc---------------------------Piggott, Arkansas
The Crossett Co_____________________________________ Crossett, Arkansas
R. R. Donnelley & Sons Co___________________________ Chicago, Illinois
Eastern Corp_______________________________________ Bangor, Maine
Family Finance Corp_______________________________ New York, New York
Fruehauf Trailer Co________________________________ New York, New York
General Dynamic Corp______________________________ New York, New York
General Electric Co_________________________________ New York, New York
General Motors______________________________________Detroit, Michigan
General Motors Savings Stock Purchase Program____ New York, New York
General Public Service Corp__________________________New York, New York
General Waterworks Corp-----------------------------------------Philadelphia, Pa.
Household Finance Corp_____________________________Chicago, Illinois
International Paper Co______________________________New York, New York
Minneapolis Moline Co--------------------------------------------- Minneapolis, Minnesota
Monterey Oil Co____________________________________ Los Angeles, Calif.
Murdock Acceptance Corp___________________________ Memphis, Tennessee
National Old Line Insurance Co______________________New York, New York
Pittsburg Plate Glass Co____________________________Pittsburg, Pa.
Radio Corp. of America____________________________ New York, New York
Rotary Electric Steel Co____________________________Warren, Michigan
St. Louis Steel Casting, Inc_________________________ St. Louis, Missouri
The Texas Co_______________________________________ New York, New York
Textron American, Inc______________________________ Providence, R. I.
Thiokol Chemical Corp______________________________ Jersey City, N. J.
Union Tank Car Co-------------------------------------------------- Chicago, Illinois
Western Natural Gas Co_____________________________New York, New York
Westinghouse Electric Corp--------------------------------------- Pittsburg, Pa.




164

State of Arkansas: Bank Department

DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT
SECURITIES IN ARKANSAS AS OF JUNE 30, 1956
H. Allen Investment Company______________________ Little Rock, Arkansas
Associated Fund, Inc________________________________ St. Louis, Missouri
Walter R. Bass Company____________________________Little Rock, Arkansas
Blyth & Co., Inc____________________________________ New York, New York
Bruns, Nordeman & Company_______________________ New York, New York
Capitol Securities Corp______________________________ Little Rock, Arkansas
Lewis W. Cherry Company__________________________ Little Rock, Arkansas
Joel H. Clark, an Individual_________________________ Texarkana, Arkansas
Olisbee, Thompson and Company_____________________ Tulsa, Oklahoma
Dempsey-Tegeler & Company_______________________ St. Louis, Missouri
Development Corporation for Israel_________________ New York, New York
Dyke Associates, Inc________________________________ Little Rock, Arkansas
A. G. Edwards & Sons______________________________St. Louis, Missouri
James L. Elmore__________________________________ Fort Smith, Arkansas
Eppler, Guerin & Turner____________________________ Texarkana, Arkansas
Equitable Securities Corp___________________________ Nashville, Tennessee
Federated Plans, Inc________________________________ Worcester, Mass.
Fif Management Corp_____________________________ Denver, Colorado
The First Boston Corp_____________________________ Boston, Massachusetts
J. M. Gunn & Robert Lane__________________________ Little Rock, Arkansas
Henry Hagelstein__________________________________ Harrison, Arkansas
Hamilton Management Corp_________________________ Denver, Colorado
Hill, Crawford & Lanford, Inc______________________ Little Rock, Arkansas
Gilbert Howell Company____________________________ Little Rock, Arkansas
Industrial Securities Corp__________________________ Little Rock, Arkansas
Investors Diversified Services, Inc__________________ Minneapolis, Minnesota
Kurt Kauffman_____________________________________ Hot Springs, Arkansas
E. Davis Kolb-----------------------------------------------------------Fort Smith, Arkansas
Merrill Lynch, Pierce, Fenner & Beane______________ New York, New York
McDonald, Evans & Company_______________________ Kansas City, Missouri
Managing General Agents, Inc--------------------------------- Little Rock, Arkansas
King Merritt & Company, Inc------------------------------------ Englewood, N. J.
Morgan & Morgan__________________________________ Texarkana, Arkansas
National Security Corp--------------------------------------------- Little Rock, Arkansas
Raney Brothers, Inc---------------------------------------------------Little Rock, Arkansas
Raney Investment Company, Inc_____________________ Little Rock, Arkansas
T. J. Raney & Sons---------------------------------------------------Little Rock, Arkansas
Renyx, Field & Company, Inc------------------------------------New York, New York
Solomon Brothers & Hutzler________________________ New York, New York
Scudder Fund Distributors, Inc_____________________ Boston, Massachusetts
Securities Management Corp________________________ Dallas, Texas
Slayton & Company, Inc-------------------------------------------- St. Louis, Missouri
Southern Securities Corp-------------------------------------------Little Rock, Arkansas
Southwest Securities, Inc------------------------------------------- Little Rock, Arkansas
Stephens Brothers, Investments_____________________ Little Rock, Arkansas
W. R. Stephens, Investments------------------------------------Little Rock, Arkansas
Dabbs Sullivan Company--------------------------------------------Little Rock, Arkansas
Ei. L. Villareal & Company-----------------------------------------Little Rock, Arkansas
Waddell & Reed, Inc------------------------------------------------- Kansas City, Missouri
Walton & Company, Inc---------------------------------------------Little Rock, Arkansas
Sam Watson Company-----------------------------------------------Little Rock, Arkansas
The Whitehall Corp---------------------------------------------------Austin, Texas
Womeldorff & Lindsey-----------------------------------------------Little Rock, Arkansas