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V

FORTY-THIRD REPORT
OF TH E

B A N K COMMISSIONER
OF TH E

STATE OF ARKANSAS

FO R T H E Y E A R E N D IN G JU NE 30, 1957




D ICK SIMPSON
State Bank Commissioner




STATE OF A R K A N S A S
OFFICE OF ST A T E B A N K D E P A R T M E N T
July 1, 1957
To His Excellency
Orval E. Faubus
Governor of Arkansas
Sir:
I have the honor of submitting to you the Forty-Third Annual
Report of the State Bank Department for the fiscal year ending
June 29, 1957, in compliance with the terms and provisions of
A ct 113 of 1913 (Now found in Section 67-111, Arkansas Statutes
o f 1947.) The report reflects the condition of the State-chartered
banks and trust companies, building and loan associations, indus­
trial loan companies, credit unions and other factual data pertain­
ing to the operation of the Department.




Respectfully submitted
Dick Simpson
State Bank Commissioner

TABLE OF CONTENTS

Page
Legal Holidays __________________________________________________

6

Departmental R o ste r--------------------------------------------------------------------------------- 7
Commissioners of State Bank Department________________________________ 8
Receipts and Disbursements----------------------------------------------------------------------9
Officials Arkansas Bankers Association 1957-58 __________________________ 10
Officials Junior Bankers Section 1957-58 _________________________________ 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 A rkansas_________ _11
Examiners National Bank Department in A rkansas_______i ______________ 11
Comparative Abstract showing condition of State Banks and Trust
Companies as of June 30, 1957 and June 30, 1956____________________ 12
Comparative Abstract showing condition of State and National
Banks as of December 31, for the years 1956-1957 ____________________ 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 1956 ---------- 15
Banking Facilities by Counties including State and National Banks,
Teller’s Windows and Cooperative E xchanges____________________ 16-17
National Banks in Arkansas_____________________________________________ 16
Members of Federal Reserve S ystem ____________________________________ 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 indow s_____________________________ 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, 1957 __________________________________ 25-123
Combined and individual statement of condition of Cooperative
Exchanges as of June 29, 1957 __________________________



124-126

Page

Combined and individual statement of condition of Building and
Loan Association as of December 31, 1956 ______________________ 127-133
Supervised loan companies under Act 397 of 1947 as of
June 30, 1957 ______________________________________________________ 136
Mortgage loan companies under Act 397 of 1947 as of June 30, 1957 ---- 137-138
Combined and individual statement of condition of Industrial
Loan Institutions operating under Act 111 of 1941 as of
June 30, 1957 ________________________

139-142

Combined and individual statement of condition of Credit Unions
as of December 31, 1956 _______________________________________ 143-160
Qualified Stock E xchanges_____________________________________________161
Issuers Registered by Qualification under Act 397 of 1947 as
of June 30, 1957 ________

162-164

Issuers Registered by Notification under Act 397 of 1947 as
of June 30, 1957 _________________________ <____________________ 165-166
Dealers authorized to sell qqualified or exempt Securities as
of June 30, 1957 _______________________________________________167-168




6

State of Arkansas: Bank Department

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

New Y ea r’s Day

.

January 1.

Robert E. Lee’s Birthday

_

January 19.

George Washington’s Birthday

___February 22.

Memorial Day

_

May 30.

_

July 4.

Independence

Day

Commemorating the end
of World W ar II

August 14.

Labor Day

First Monday in September

Veteran’s Day

November 11.

Thanksgiving

Christmas

Day

Day

A ny day made or designated
by A ct of Congress.
December 25.

A ll 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-Third 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
J. A . W elty
F. C. Rayburn

D. S. Patterson
Olan B. W ages

R. C. Willcox
Robert Jackson

A SS IS T A N T E X A M IN E R S
John Alvin Bunch

H. W . Oldham
R.

C. Willcox, Jr.

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

CLERKS A N D STEN O G R APH ER S
Betty Morton

Helen James

Kathy Shell

ST A T E B A N K IN G BO ARD
John W . Edwards_____________________________________ Batesville
Lawson T. Garner_____________________________________ Crawfordsville
Warren K . Bass________________________________________Little Rock
Tom Bill Rogers______________________________________ Harrison
R. S. Warnock, Jr_____________________________________Magnolia

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
Name
Date of Appointment
Date Service Ended
No.
1. John M. Davis_____ March 6, 1913___________ October 3, 1918
2 . A. J. Reap________ October 3, 1918__________ March 22, 1919
3. W. T. Maxwell____ March 22, 1919__________ September 1, 1921
4. Charles McKee_____ September 1, 1921_______ July 28, 1925
5. Loid Rainwater____ July 28, 1925____________ February 8, 1927
6. Walter E. Taylor___ February 8, 1927________ January 10, 1933
7. Marion Wasson____ January 10, 1933________ January 12, 1937
8. Grover S. 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________




Forty-Third Report

9

The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1956 to June 30, 1957.
RECEIPTS
Cash balance with State Treasurer June 30, 1956 -------------------------$ 94,892.54
Examination and Assessment Fees— Bank D ivision___ $70,897.96
Charter and Amendment Fees—Bank D ivision ______ 1,820.00
Miscellaneous Fees—Bank D ivision---------------------------47.59
Miscellaneous Fees— Securities D ivision _____________ 30,751.13
103,516.68
$198,409.22
DISBURSEMENTS
Salaries — Administrative _____________________________________ $ 18,999.84
Salaries — ExaminingD ivision__________________________________ 45,762.42
Salaries — Office Force
______________________________________
9,587.16
Maintenance____________________________________________________ 11,708.16
Travel E xpense_________________________________________________
9,578.53
Charges by State Treasurer—Department Contributions
to Social Security
3rd Quarter, 1956 ____________________________ $315.35
4th Quarter, 1956 ______________________________162.09
1st Quarter, 1957 _____________________________ 420.87
2nd Quarter, 1957 ______________________________419.47
Charges by State Treasurer—Handling Fees
Cash balance with State Treasurer June 30, 1957




1,317.78
1,772.88
$ 98,726.77
. <99,682.45
7
$198,409.22

10

State of Arkansas: Bank Department

A R K A N S A S B A N K E R S ASSO C IA TIO N
1957-58
President___________ Thos. G. Wilson, Executive Vice President,
First State Bank, Conway
Vice President_____ Beverly J. Lambert, Jr. President Bank o f W est
Memphis, W est Memphis
Treasurer___________ R. H. Maddox, Executive Vice President &
Cashier, D eW itt Bank & Trust Company,
D eW itt
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
R. C. Stone___________________________________________ Malvern
Eagle Street__________________________________________ Cave City
M . L. McKinney______________________________________ -Jonesboro
R. A . Porter__________________________________________ Blytheville
W . C. Blewster_______________________________________ Magnolia
Searcy Harrell________________________________________Hampton
M ax A . M itcham______________________________________ Smackover
M . C. Singer___________________________________________Warren
Fred Douglas_________________ !._______________________Bentonville
W . A . Hudspeth, Jr___________________________________ Ozark

C O U N C IL M E N -A T -L A R G E
H . C. McKinney, Jr___________________________________El Dorado
Edward M. Penick____________________________________ Little Rock

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 IA TIO N
President___________Garland Kirkpatrick
Vice President_____ Keith Robbins______
Treasurer__________ James H. Penick, Jr.
Secretary___________ Roy Shope____________
Historian___________ Betty Collins_________




Jonesboro
Fayetteville
Little Rock
Arkadelphia
El Dorado

11

Forty-Third Report

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 ________
1st Viet President
Vice President___
Vice President___
Vice President___
Vice President___
Vice President___
Chief Examiner__

_Delos C. Johns
_Guy S. Freutel
_W m . J. Abbott, Jr.
1George E. Kroner
-Dale M. Lewis
_H. H. Weigel
_J. C. Wotawa
_ 0 . 0 . W yrick

L IT T L E 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
Cashier____________________________________________S. C. Davis
Assistant Cashier________________________________ W . J. Bryan
Assistant Cashier________________________________ Clifford Wood

F E D E R A L DEPOSIT IN SU R A N C E CORPORATION
DISTRICT NO. 6
1059 Arcade Building, St. Louis, Mo.
Supervising Examiner_____ _______________________________C. M. Dunn

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
G. William Elia, P. 0 . Box 2180, Little Rock, Arkansas
J. C. Knight, P. O. Box 2180, Little Rock, Arkansas
Gerald L. Gowman, P. 0 . Box 145, Memphis, Tennessee



COM PARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUST COMPANIES
A S OF JUNE 29, 1957 AND JUNE 30, 1956

June 29, 1957
183

June 30, 1956
182

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

$119,094,275.87
150,284,981.34
60,464,443.93
187,089,243.55
4,370,088.08
293,658.00
837,424.88

$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

TOTAL RESOURCES

Increase
1

$ 575,558.70
$ 9,326,961.09
8,190,443.26

$14,061,236.15 (Net)

$522,434,115.65

$508,372,879.50

$314,263,921.62
98,854,250.00
4,706,792.14
41,330,187.73
11,563,834.34

$316,038,937.80
81.623.856.80
6,159,323.72
45.350.164.81
11,726,973.37

TOTAL DEPOSITS
Other liabilities

$470,718,985.83
1,439,730.48

$460,899,256.50
787,434.24

$ 9,819,729.33 (Net)
652,296.24

$472,158,716.31

$461,686,690.74

$10,472,025.57 (Net)

$ 13,969,200.00
16,987,900.72
19,318,298.62

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

$

TOTAL CAPITAL ACCOUNTS-

$ 50,275,399.34

$ 46,686,188.76

$ 3,589,210.58

TOTAL CAPITAL ACCOUNTS
AND LIABILITIES

$522,434,115.65

$508,372,859.50

$14,061,236.15 (Net)

LIABILITIES

CAPITAL ACCOUNTS:
Capital stock
Surplus
Undivided profits and reserves




3,359,354.22

331,257.37
89,427.68
58,059.67

LIABILITIES:
Demand deposits
Saving and time deposits
U. S. Government deposits
Public funds
Deposits of banks

TOTAL

Decrease

$1,775,016.18
$17,230,393.20
1,452,531.58
4,019,977.08
163,139.03

845,000.00
1,061,500.00
1,682,710.58

State of Arkansas: Bank Department

Number of Banks

to

COM PARATIVE ABSTRACT SHOWING CONDITION OF STATE AND NATION AL BANKS OF ARK AN SAS AS OF
DECEMBER 31 1956-1952

1955
234

1954
231

1953
230

1952
230

RESOURCES:
Cash and due from banks
U. S. Government obligations
Other bonds and securities
Loans and discounts
Banking house, furniture and fixtures
Other real estate
Other resources

$ 297,671,000
326.096.000
128.742.000
393.406.000
10,487,000
709,000
2,059,000

$ 300,451,000
314.064.000
116.372.000
396.685.000
8,686,000
123,000
1,821,000

$ 801,498,000
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

TOTAL RESOURCES

$1,159,170,000

$1,138,202,000

$1,073,380,000

$1,024,657,000

$1,001,651,000

LIABILITIES:
Capital stock
Surplus
Undivided profits and reserves

$

27,754,000
37.169.000
29.058.000

$

26,064,000
34.548.000
27.616.000

$

25,005,000
32.205.000
25.810.000

$

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

$

21,880,000
26.481.000
22.916.000

Total capital account

$

93,981,000

$

88,228,000

$

83,020,000

$

75,595,000

$

71,277,000

Deposits
Other liabilities

$1,060,789,000
4,400,000

$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

TOTAL

$1,159,170,000

$1,138,202,000

$1,073,380,000

$1,024,657,000

$1,001,651,000

LIABILITIES




Forty-Third Report

1956
237

Number of banks

w>

COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES
FOR PAST THIRTY - THREE YEARS
Date
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,
29,

1925—
1926—
1927__
1928_
1929_
1930_
1931_
1932__
1933_
1034__
1935__
1936__
1937__
1938__
1939__
1940__
1941__
1942__
1943__
1944__
1945—
1946_
1947_
1948__
1949__
1950__
1951—
1952__
1953__
1954_
1955—
1956__
1957__




Deposits

Loans and
Discounts

Borrowed
Money

Cash

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
183

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
470,719,000

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
187,089,200

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
0

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
119,094,300

U. S. Gov’t
Capital
Bonds
Structure
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
150,285,000

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
50,275,400

^
Total
Resources
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
522,434,100

State of Arkansas: Bank Department

June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June
June

Number
Banks

m

Forty-Third 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 on loans_____________ $10,334,026.53
Interest and dividends on securities________ 4,733,583.83
Service charges, exchange charges, etc____ 2,995,244.30
Other operating earnings_________________
350,040.15
Total earnings from operations______________________ $18,412,894.81
EXPENSES:
Salaries, wages and directors fees__________$
Interest paid on time deposits_____________
Interest paid on borrowedmoney___________
Taxes other than on income________________
Taxes on income__________________________
Other current expenses___________________

6,379,913.69
1,446,457.03
7,065.84
465,101.36
1,428,640.11
3,644,289.04

Total current expenses______________________________ $13,371,467.07
Net current operating expenses______________________ $ 5,041,427.74
RECOVERIES AND PROFITS:
On securities.
On loans____
All other___

$

46,266.10
179,555.69
48,221.16
$

273,042.95

$ 5,314,470.69
LOSSES CHARGED OFF:
On securities.
On loans____
All other____

$

774,126.58
625,331.76
107,412.01
$ 1,506,870.35
$ 3,807,600.34

DIVIDENDS PAID:
Cash dividends paid on common stock______$ 1,349,017.50
NET PROFITS AFTER DIVIDENDS FOR 1956




$ 2,458,582.84

State of Arkansas: Bank Department

16

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

County

Arkansas___________________
Ashley_______________ r-------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

National
Banks

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

2
1

1
1

2
2
1
1
1

1
1

1
1
2

1

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

1

2
3
2
3
1
1
1

Teller’s
Windows

1
1

1
3

1

Forty-Third Report

17

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

4
1
4
3
6
1
5
2
7
2
2
2
1
2
4
2
4
1
4
1
5
7
2
3
183

National
Banks

Teller’s
Windows

Cooperative E xchanges

1
2
1
1
1
42
2
1
32
1

1

2
2
2
1
1
55

26

3

18

State of Arkansas: Bank Department

NATIONAL BANKS IN A RK A N SA S

Name
First National Bank---------------------Citizens National Bank------------------First National Bank---------------------First National Bank_______________
First National Bank---------------------First National Bank_______________
Citizens National Bank_____________
Farmers National Bank-----------------First National Bank---------------------First National Bank_______________
First National Bank---------------------First National Bank_______________
National Bank of Commerce---------First National Bank---------------------First National Bank_______________
National Bank of Eastern Arkansas.
City National Bank-----------------------First National Bank_______________
Merchants National Bank_________
First National Bank_______________
First National Bank_______________
Arkansas National Bank__________
Helena National Bank______________
Phillips National Bank_____________
Citizens National Bank_____________
First National Bank_______________
Arkansas National Bank__________
Planters National Bank___________
First National Bank_______________
Peoples National Bank_____________
First ^National Bank_______________
Commercial National Bank________
First National Bank_______________
Union National Bank______________
First National Bank_______________
Malvern National Bank___________
First National Bank_______________
Planters National Bank___________
First National Bank_______________
First National Bank_______________
American National Bank__________
National Bank of Commerce_______
First National Bank_______________
First National Bank_______________
National Bank of Commerce______
Simmons National Bank___________
American National Bank__________
First National Bank_______________
Peoples National Bank_____________
State National Bank__________j.___
Trumann National Bank___________
First National Bank_______________
Citizens National Bank_____________
First National Bank of Lawrence Co
First National Bank_______________



Location

County

Altheimer__________ Jefferson
Arkadelphia________Clark
Ashdown___________ Little River
Batesville__________ Independence
Berryville__________ Carroll
Blytheville_________ Mississippi
Camden____________ Ouachita
Clarksville_________ J ohnson
Conway____________ Faulkner
DeQueen___________ Sevier
DeW itt_____________Arkansas
El Dorado_________ Union
El Dorado_________ Union
Fayetteville________ W ashington
Fordyee____________ Dallas
Forrest City_______ St. Francis
Fort Smith_________Sebastian
Fort Smith_________Sebastian
Fort Smith_________Sebastian
Green Forest______ Carroll
Gurdon_____________ Clark
Heber Springs_____ Cleburne
Helena_____________ Phillips
Helena_____________ Phillips
Hope_______________ Hempstead
Hope_______________ Hempstead
Hot Springs_______ Garland
Hughes____________ St. Francis
Huntsville__________Madison
Jonesboro__________ Craighead
Lewisville__________ Lafayette
Little Rock________ Pulaski
Little Rock________ Pulaski
Little Rock________ Pulaski
Magnolia___________Columbia
Malvern____________Hot Spring
Marianna__________ Lee
Mena_______________Polk
N ashville___________Howard
Newport___________ Jackson
North Little Rock__.Pulaski
Paragould__________Greene
Paragould__________Greene
Paris_______________Logan
Pine B lu ff_________ Jefferson
Pine B lu ff_________ Jefferson
R ogers_____________ Benton
Springdale_________ W ashington
Stuttgart__________ Arkansas
Texarkana_________ Miller
Trumann___________ Poinsett
Tuckerman_________ J ackson
Walnut Ridge______Lawrence
Walnut Ridge______Lawrence
W ynne_____________ Cross

Forty-Third Report

19

MEMBERS OF FEDERAL RESERVE SYSTEM
Capital and
Date of Admission
Name of Bank & Location
Surplus
April 21, 1941------------Elk Horn Bank & Trust Company________ ! ; 250,000.00
Arkadelphia
April 15, 1953------------ The Citizens Bank____________ __________
150.000. 00
Batesville
August 23, 1918---------Farmers Bank & Trust Company________ 1, 000,000.00
Blytheville
May 10, 1944------------- Bank of Brinkley________________________ 200.000. 00
Brinkley
April 28, 1941------------ The Merchants & Planters Bank_________
150.000. 00
Camden
400.000. 00
July 2, 1956---------------Bank of Crossett__________________ _-----Crossett
September 11, 1942—The Exchange Bank & Trust Company__ 300.000. 00
El Dorado
January 7, 1944---------Mcllroy Bank___________________________ 300.000. 00
Fayetteville
200.000. 00
September 22, 1933— Fordyce Bank & Trust Company.
Fordyce
800,000.00
September 25, 1942— Arkansas Trust Company_______
Hot Springs
135.000. 00
July 26, 1945_________Peoples Bank & Loan Company__.
Lewisville
250.000. 00
January 3, 1956---------- Bank of Arkansas_______________
Little Rock
March 20, 1919!---------- Worthen Bank & Trust Company.
3,000,000.00
Little Rock
September 20, 1944— Farmers & Merchants Bank_____
175.000. 00
Marianna
April 9, 1957------------- The Twin City Bank_____________
450.000. 00
North Little Rock
July 20, 1920_________The Bank of Russellville_____
150.000. 00
Russellville
August 23, 1923______Peoples Exchange Bank_________
150.000. 00
Russellville
100. 000. 00
June 9, 1942_________Grant County Bank______________
Sheridan
200,000.00
April 11, 1944________Smackover State Bank__________
Q yyi Q pV n V O T *

May 20, 1921_________Bank of Waldron________________
Waldron

150,000.00

COMMERCIAL BANKS—NON MEMBERS FEDERAL DEPOSIT
INSURANCE CORPORATION
Name
Location
Portland Bank__________________________
Portland
Bank of Sidney____________________________________ Sidney
TRUST COMPANIES NOT ENGAGED INCOMMERCIAL 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__________________ No. Little Rock



State of Arkansas: Bank Department

20

STATE BANKS OPERATING TELLER’S WINDOWS

Location

Name of Bank

Location
Teller’s
Window

County

_Bald Knob
Citizens State Bank
-Benton
Benton State Bank
DeWitt Bank & Trust Company__ DeWitt
__ Earle
___
Earle State Bank__
Planters Bank & Trust Company..Forrest City
Planters Bank & Trust Company_Forrest City
-Greenwood
Farmers Bank
_Horatio
Horatio State Bank
.Jonesboro
Farmers State Bank
-Jacksonville
Jacksonville State Bank _

Bradford
White
Bauxite
Saline
Gillett
Arkansas
Crawf ordsville Crittenden
Cotton Plant Woodruff
DeVails Bluff Prairie
Hartford
Sebastian
Dierks
Howard
Lake City
Craighead
Little Rock
Pulaski
Air Force Base
--McGehee
McGehee B a n k _
Arkansas CityDesha
McGehee Bank
Watson
-McGehee
Desha
Monette State Bank
_ _
-Monette
Caraway
Craighead
-Murfreesboro Mineral Spgs. Howard
Pike County Bank
Mississippi County Bank _
-Osceola
Joiner
Mississippi
Mississippi County Bank _
—Osceola
Luxora
Mississippi
The Security Bank & Trust Co. — Paragould
Marmaduke
Greene
First State Bank_
Ola
-Plainview
Yell
Security B a n k _
McRae
--Searcy
White
__
Bratt-Wasson Bank
-Siloam Spgs. Gentry
Benton
Bank of Tuckerman
Swifton
Jackson
-Tuckerman
Merchants & Planters Bank. — Warren
Hermitage
Bradley
Bank of Wilson
Keiser
_Wilson
Mississippi
National Banks Operating Teller’s Windows
First National Bank
First National Bank
Simmons National Bank__
State National Bank

-Fort Smith
—Little Rock
.Pine Bluff
.Texarkana

Fort Chaffee
P. O. L. Rock
Sherrill
Foreman

Sebastian
Pulaski
Jefferson
Little River

NEW BANKS CHARTERED
July 1, 1956 to June 30, 1957
N O NE
AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1, 1956 to June 30, 1957
1. Elk Horn Bank & Trust Company, Arkadelphia, increased capital from
$100,000.00 to $125,000.00 by the declaration of a 25% stock dividend.
2. Bank of Bentonville, Bentonville, increased capital from $70,000.00
to $100,000.00 by the declaration of a $30,000.00 stock dividend.
3. Bank of Crossett, Crossett, increased capital from $100,000.00 to
$200,000.00 by the declaration of a 100% stock dividend.
4. Dermott State Bank, Dermott, increased capital from $50,000.00 to
$100,000.00 by the declaration of a 100% stock dividend.
5. DeWitt Bank & Trust Company, DeWitt, increased capital from $100,000.00 to $150,000.00 by the declaration of a 50% stock dividend.
6. Earle State Bank, Earle, increased capital from $80,000.00 to $100,000.00 by the declaration of a 25% stock dividend.
7. The Eudora Bank, Eudora, increased capital from $75,000.00 to $100,000.00 by the declaration of a 33 1/3% stock dividend.



Forty-Third Report

21

8. Citizens Bank o f Jonesboro, Jonesboro, increased capital from $300,000.00 to $330,000.00 by the declaration o f a 10% stock dividend.
9. The First State Bank, Morrilton, increased capital from $100,000.00 to
$150,000.00 by the declaration of a 50% stock dividend.
10. Farmers & Merchants Bank, Marianna, increased capital from $50,000.00 to $75,000.00 by the declaration o f a 50% stock dividend.
11. Merchants & Planters Bank, Newport, increased capital from $75,000.00 to $115,000.00 by the sale o f $40,000.00 par value o f new stock.
12. The Twin City Bank, North Little Rock, increased capital from $150,000.00 to $300,000.00 by the declaration of a 100% stock dividend.
13. Piggott State Bank, Piggott, increased capital from $50,000.00 to
$100,000.00 by the declaration of a 100% stock dividend.
14. Bank o f Prescott, Prescott, increased capital from $100,000.00 to
$150,000.00 by the declaration o f a 50% stock dividend.
15. Bank o f Weiner, Weiner, increased capital from $25,000.00 to $50,000.00 by the sale o f $25,000.00 par value of new stock.
16. Rice Growers Bank, Wheatley, increased capital from $25,000.00 to
$50,000.00 by the declaration o f a 100% stock dividend.
AMENDMENTS PROVIDING FOR TRUST POWERS
July 1, 1956 to June 30, 1957
Name

Location

Citizens Bank o f Jonesboro_________________________________________ Jonesboro
AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1, 1956 to June 30, 1957
Name
Horatio State Bank
Worthen Bank & Trust Company
The Twin City Bank
Bank o f Glenwood
Bank o f Tuckerman
The Peoples Bank




Location

From

_Horatio
3 to 5
_Little Rock
3 to 12
—North Little Rock____3 to 7
Glenwood
_ 7 to 9
-Tuckerman
5 to 9
-W aldo
3 to 5

To
3 to 8
3 to 18
5
5 to 7
3 to 9
4 to 7

22

State of Arkansas: Bank Department

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
RESOURCES OF THE 183 ARK AN SAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 29, 1957 IS 9.6%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank

Location

Bank of A m ity--------------------------------------Amity -----------Merchants & Planters Bank & Trost Co._Arkadelphia
Bank of Ash Flat_______________________Ash F l a t --------Bank of Atkins_________________________ Atkins -----------The Bank o f Augusta__________________ Augusta --------Citizens State Bank___________________ Bald Knob ----The Citizens Bank_____________________ Batesville _____
The Citizens Bank_____________________ B e a rd e n ----------Citizens Bank__________________________ Beebe -------------Bank o f Blevins________________________ Blevins ----------Farmers Bank & Trust Company______ Blytheville ----Citizens Bank__________________________Booneville _____
The Bank of Bradley___________________ Bradley _______
Bank o f Cabot_________________________ Cabot _________
The Merchants and Planters Bank______ Camden ______
Citizens Bank__________________________Carlisle _______
Bank o f Cave City_____________________ Cave C i t y _____
American State Bank__________________ Charleston ____
Bank of Cherry Valley_________________ Cherry Valley .
Bank o f Chidester______________________Chidester _____
The Merchants & Planters Bank________ Clarendon _____
Clinton State Bank____________________ Clinton _______
Danville State Bank___________________ D a n v ille _______
Bank of Delight__________________ 1-----Delight ---------Farmers & Merchants Bank____________Des A r c _______
Bank of Dover________________________ D o v e r _________
Merchants & Farmers Bank__________ Dumas ________
Earle State Bank______________________ Earle _________
Delta State Bank_______________________Elaine ________
Bank o f England_____________ :________ England ______
The Citizens Bank______________________England ______
The Eudora Bank______________________ E u d o r a ________
Bank of Eureka Springs______________ Eureka Springs
Bank o f Evening Shade_________________ Evening Shade
The Bank o f Franklin_________________ Franklin _____
Bank of Glenwood_____________________ G len w ood______
Bank o f Gravett______________________ Gravette ______
Clark County Bank____________________ Gurdon _______
Farmers Bank__________________________ Hamburg _____
Calhoun County Bank__________________ Hampton ______
The Bank o f Harrisburg_______________ Harrisburg ___
The Cleburne County Bank____________ Heber Springs
Valley Bank------------------------------------------- Hindsville ____
Bank of Holly Grove__________________ Holly Grove
Newton County Bank__________________ Jasper ____ :___
Farmers State Bank___________________ Jonesboro _____
Farmers & Merchants Bank____________Judsonia ______
Union State Bank______________________ Junction City
Bank of Kingston_____________________ Kingston ______
Bank o f Lake Village_________ _________Lake Village
Citizens Bank o f Lavaca_______________ Lavaca _______
Leachville State Bank_________________Leachville _____
Little River Bank_____________________ Lepanto _______



Percentage
13.1
10.9
13.1
13.8
12.4
17.7
9.6

11.0
14.0
16.6
13.6
9.7
16.5
10.5
10.9)
10.3
10.0
14.4
14.0
10.9
9.7
11.4
12.3
11.4
18.0
14.8
12.6
10.3
13.9
12.2
13.5
13.2
9.9
13.3
13.7

10.0
11.7
10.3

12.6
11.8
10.0
15.0

11.8
12.4
10.7
10.7
13.1
13.0
11.7
11.6
10.5
13.9
18.5

Forty-Third Report

23

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
RESOURCES OF THE 183 ARK ANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 29, 1957, IS 9.6%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank

Location

Bank of Lincoln________________________ Lincoln -------------Bank of Arkansas_____________________ Little R o c k ______
Pulaski Heights Bank__________________ Little R o c k --------Bank of Lockesburg___________________ L o ck e sb u rg ______
Peoples Bank__________________________ Mammoth Spring
Merchants & Planters Bank____________Manila --------------Bank o f Mansfield_____________________ Mansfield ---------Farmers & Merchants Bank__________ M arianna___ ____
Bank of Marvell________________________ Marvell _________
McGehee Bank__________________________ McGehee ________
Bank of Melbourne____________________ M elbou rn e_______
Monette State Bank___________________ M o n e tte _________
Commercial Loan & Trust Company____Monticello _______
Union Bank & Trust Company_________ Monticello _______
Morrilton Security Bank_______________ Morrilton _______
The Bank o f Montgomery County______ Mount I d a _______
Bank o f Mountain View_______________ Mountain View
Bank of Mulberry_____________________ Mulberry _______
Bank of Nettleton______________________Nettleton _______
Bank of Newark______________________-Newark __________
Bank of New Edinburg________________ New Edinburg
Merchants & Planters Bank___________ Newport ________
Mississippi County Bank________________ Osceola _________
The Planters Bank_______________________ Osceola _________
The Security Bank & Trust Company_Paragould ______
Bank o f Parkdale_____________________ Parkdale ________
First State Bank_______________________Parkin __________
Bank of Pea Ridge______________________Pea R id g e _______
Piggott State Bank______________________P iggott _________
First State Bank_______________________Plainview _______
Bank of Pocahontas____________________ Pocahon,tas _____
Portland Bank__________________________ Portland ________
The Peoples Bank_____________________ Portland ________
Citizens Bank__________________________ Pottsville _______
The Farmers & Merchants Bank_______ Prairie G r o v e ____
Bank o f Quitman_______________________Quitman ________
The Bank o f Rector___________________ Rector __________
The Bank o f Rison____________________ Rison ___________
Farmers & Merchants Bank___________ Rogers __________
The Bank of Russellville______________ R u ssellv ille______
Bank o f Salem________________________ Salem ___________
Logan County Bank___________________ Scranton ________
Security Bank--------------------------------------- Searcy __________
The Searcy Bank_______________________Searcy __________
Grant County Bank____________________ Sheridan ________
Citizens Bank__________________________ Smithville _______
Bodcaw Bank__________________________ Stamps _________
Bank of Star City_______________________Star C it y ________
Citizens Bank__________________________ Strong __________
Citizens Bank__________________________ Tillar ___________
Bank of Trumann______________________ T ru m a n n ________
Tyronza Bank__________________________ Tyronza ________
Citizens Bank & Trust Company_______ Van B u r e n ______



Percentage

10.0
10.2
12.6
15.6
9.8
19.1
10.7
13.7
14.4

10.0
10.8
10.6

13.1
14.4
11.5
9.7
14.0
13.5
15.2
11.8
10.0
11.9
11.9
9.6

10.6
14.4
12.2
17.6
13.8
15.4
9.6
16.9
14.4
15.3
12.5
11.4
12.3
17.9
14.7
11.5
10.4
13.1
12.2

11.0

13.7
16.8
18.1
14.8
16.3
19.6
11.9
11.3

10.8

State of Arkansas: Bank Department

24

THE AVERAGE RATIO OF CAPITAL ACCOUNTS TO TOTAL
RESOURCES OF THE 183 ARKANSAS STATE BANKS AND
TRUST COMPANIES AS OF JUNE 29, 1957, IS 9.6%
THE FOLLOWING BANKS EQUAL OR EXCEED THIS FIGURE
Name of Bank

Location

Bank of Waldo________
The Peoples Bank______
Warren Bank_________
Bank of Weiner_______
Bank of West Memphis.
Rice Growers Bank____
Wilmot State Bank____
Bank of Wilson________
Cross County Bank____
The Bank of Yellville__.

Waldo _______
Waldo _______
Warren ______
Weiner ______
West Memphis
Wheatley ___
Wilmot ______
W ils o n _______
Wynne ______
Y ellville______




Percentage
10.0
11.0
10.1

10.3
11.5
12.5
16.8
19.5
12.2

16.2

Forty-Third Report

25

FORTY-THIRD REPORT
of

STATEMENT OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OF JUNE 29, 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 Alma 3441. Transit No. 81-272
Officers
W. E. Byars______________ President
John V. Burrough Exec. Vice Pres.
W. H. Cole___________ Vice President
Margaret Adams____________ Cashier
Hilda Knight_________Asst. Cashier

Directors
Caruth Alexander
W. H. Cole
John V. Burrough
McLoud Sicard
E. Bradley
C. H. Starbird
W. E. Byars

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 386,872.38
U. S. Gov’t obligations __ 571,000.00
Other bonds and
84,352.46
securities
4,313.24
Furniture and fixtu res_
Banking house
5,500.00
Cash and due from banksi 364,913.65
Other resources
148.40

Total




$1,417,100.13

Liabilities
$ 25,000.00
Capital s t o c k _
37,500.00
Surplus fund
58,477.55
Undivided p r o fit s _
Total capital
accounts_$ 120,977.55
Demand deposits
1,152,327.27
5,975.00
Time deposits
22,118.18
U. S. Gov’t deposits___
Public funds
115,702.13
Total dep. __$1,296,122.58
Total

__

$1,417,100.13

26

State of Arkansas: Bank Department

BANK OF AMITY, AMITY
Population 591. Clark County
Chartered November 30, 1905. Telephone Number 13. Transit Number 81-287
Officers
Directors
G. W. Tolleson___________ President John N. Francis
G. W. Tolleson
Lyn Maxey__________ Vice President Lyn Maxey
Ed Yeargan
Cle£a Olds___________I ______ Cashier Cleda Olds
Peggy Thomasson____ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Resources
Liabilities
_ $ 50,000.00
Loans and discounts___ $ 707,854.92 Capital stock
249.09 Surplus fund
100,000.00
Overdrafts __
107,122.42
U. S. Gov’t obligations_ 519,986.90 Undivided profits
7,000.00
Other bonds and
Reserves
379,063.27 Total capital
securities_
Furniture and fixtu res_
2,000.00
accounts_$ 264,122.48
Banking house
1.00
1,173,043.83
Cash and due from banks 488,338.16 Demand deposits
621,463.67
Other resources
868.00 Time deposits
5,990.29
U. S. Gov’t deposits____
33,741.13
Public funds
Total d e p ._$1,834,238.92
Total

$2,098,361.34

Total

$2,098,361.34

ELK HORN BANK AND TRUST COMPANY, ARKADELPHIA
Population 6,819. Clark County
Chartered September 28, 1903. Telephone Number 7. Transit Number 81-133
Officers
Directors
J. H. Lookadoo___________ President
John N. Francis
Farrar Newberry
A. C. Stone__________Vice President Clarence Hardin
A. C. Stone
Clarence Hardin_____ Vice President W. P. Jones, Jr.
J. P. Sturgis
J. B. Wingfield_____ Vice President C. C. Lookadoo
Wm. A. Vestal
C. C. Lookadoo______ Vice Presdient
G. W. Lookadoo
J. B. Wingfield
W. P. Jones, Jr____________ Cashier
J. H. Lookadoo
W. L. Stover_________ Asst. Cashier
Roy N. Shope_________ Asst. Cashier
STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Loans and discounts_$2,149,277.71
Capital s t o c k __________ $ .125,000.00
Overdrafts ____________
26.47 Surplus f u n d __________
125,000.00
U. S. Gov’t obligations_ 1,280,460.63 Undivided p r o fit s ______ 102,726.27
Other bonds and
Total capital
accounts_$ 352,726.27
328,670.00
securities______
Furniture and fixtu res_
44,407.90
Demand deposits ______ 2,346,913.13
Banking h o u se ___ 118,050.07
Cash and due from banks 963,656.75 Time deposits _________ 1,796,131.90
U. S. Gov’t deposits___
26,735.25
Other resources__
7,902.89
Public funds __________
339,945.87
Deposits of b an k s______
30,000.00
Total dep. __$4,539,726.15
Total



$4,892,452.42

Total

$4,892,452.42

27

Forty-Third Report

MERCHANTS AND PLANTERS BANK AND TRUST COMPANY,
ARKADELPHIA
Population 6,819. Clark County
Chartered June 15, 1911.
Telephone Number 291.
Transit Number 81-469
Officers
James C. Hohgood________President
Jett Black___ Vice Pres. & Cashier
H. G. Elms___________ Vice President
Lottie Watson_________ Asst. Caghier
Catherine Condray_____ Asst. Cashier
Roy G. Green__________Asst. Cashier

Directors
Jett Black
James
Chas. G. Clark
D. W.
John H. Crawford Robt.
H. G. Elms
Ralph
A1 D. Gross

C. Hobgood
McMillan
C. Rhodes
Williams

STATEMENT QF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k --------------- $ 100,000.00
Loans and discounts_$1,007,818.01
Surplus f u n d __________
95,000.00
U. S. Gov’t obligations_ 478,718.92
Undivided p r o fit s --------51,610.27
Other bonds and
securities______
384,980.95
Reserves ______________
4,416.10
Furniture and fixtu res_
23,695.89 Total capital
Banking h ou se___
42,300.00
accounts_$ 251,026.37
Other real e s ta te ______
1.00
Cash and due from banks 348,701.99 Demand deposits --------- 1,201,372.11
Time deposits _________ 673,026.67
Other resources__
1.00
U. S. Gov’t deposits___
17,149.19
Public funds __________
143,643.42
Total dep. __$2,035,191.39
Total

$2,286,217.76

$2,286,217.76

Total

BANK OF ASH FLAT, ASH FLAT
Population 265.
Chartered February 20, 1912. Telephone
Officers
Odus Carpenter___________ President
Horace Martin________Vice President
Odessa Estes__________Asst. Cashier

Sharp County
Number 3642. Transit Number 81-499
Directors
Odus Carpenter
Horace Martin
E. E. Causbie
Vergie McJunkins
Willene Justus

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts___ $ 253,848.42
Capital stock
$
U. S. Gov’t obligatoins_ 200,000.00 Surplus fund
Furniture and fixtu res_
1.00 Undivided profits
Banking h ou se_________
1.00 Total capital
accounts_$ 69,686.65
Cash and due from banks 150,841.32
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 535,005.09
Total



$ 604,691.74

Total

25,000.00
20,000.00
24,686.65
*
437,106.80
60,753.13
1,050.00
36,095.16

.$ 604,691.74

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__________ President
C. A. Barker________________ Cashier
Minnie Speer__________ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts___ $ 131,341.62 • Capital s t o c k __________ $ 30,000.00
15,000.00
Overdrafts ____________
623.74 Surplus f u n d __________
67,849.61
U. S. Gov’t obligations_ 485,000.00 Undivided p r o fit s ______
Other bonds and
Total capital
securities______
8,583.10
accounts_$ 112,849.61
Furniture and fixtures_
3,500.00
Demand deposits ______ 655,361.15
Banking h ou se ___
5,500.00
Cash and due from banks 179,812.55 U. S. Gov’t deposits____
3,453.79
Public funds __________
42,696.46
Total dep.
701,511.40
T o ta l________________ $ 814,361.01

T ota l________________ $ 814,361.01

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
Dorothy Willis_
-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 29, 1957
Resources
Loans and discounts___ $1,019,694.92
1,127.95
O verdrafts_____________
U. S. Gov’t obligations_ 108,601.50
Other bonds and
securities ____________
502,347.50
Furniture and fixtures_
2,000.00
Banking h o u se _________
1,890.00
Cash and due from banks 564,798.89
Other resources________
218.36

Liabilities
Capital s t o c k __________ $ 75,000.00
75,000.00
Surplus f u n d __________
Undivided p r o fit s ______ 124,328.47
Total capital
accounts_$ 274,328.47
Demand d ep osits______ 1,549,768.37
Time deposits__________
254,766.69
U. S. Gov’t deposits____
15,839.71
Public funds ___________
92,483.70
Total dep. __$1,912,858.47
Other liabilities________

Total



$2,200,679.12

Total

13,492.18
$2,200,679.12

Forty-Third Report

29

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

White County

Telephone Number 14.

Officers
E. D. Williams_President & Cashier
T. W. Leggett------------ Vice President
Mrs. W. S. Hall_______Asst. Cashier
D. 0. Ramey, Jr______ Asst. Cashier

Transist Number 81-673

Directors
W. H. Collison
H. A. Whitley
Jennings Leggett
E. D. Williams

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 50,000.00
Loans and discounts___ $ 182,234.51
50,000.00
U. S. Gov’t obligations_ 939,231.25 Surplus f u n d __________
Undivided p r o fit s ______
17,021.14
Other bonds and
securities____________
63,227.83 Reserves ______________
50,000.00
Furniture and fixtu res_
1,000.00 Total capital
accounts_$ 167,021.14
Banking h ou se_________
6,000.00
Cash and due from banks 362,842.93
Demand deposits ______ 1,222,394.58
Time deposits _________
3,500.00
U. S. Gov’t deposits___
10,634.01
Public funds __________
116,328.46
Deposits of banks______
34,658.33
Total dep. —$1,387,515.38
T o ta l________________ $1,554,536.52

Total

_____________ $1,554,536.52

THE CITIZENS BANK, BATESVILLE
Population 6,414.

Independence County

Chartered February 19, 1953. Telephone Number 1412. Transit Number 81-773
Officers
Directors
J. K. Southerland________ President S. M. Bone
N. K. Sims
J. K. Southerland
John Moody__________Vice President M. A. Conyers
M. A. Conyers______________ Cashier John Moody
Eagle Street
Marean Pearson______ Asst. Cashier
Edna Lee Morgan____ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts_$1,159,307.97
Capital s t o c k __________ $ 100,000.00
Overdrafts ____________
224.74 Surplus f u n d __________
50,000.00
U. S. Gov’t obligations_ 230,512.50 Undivided p r o fit s ______
45,230.47
Total capital
Other bonds and
accounts_$ 195,230.47
securities______
216,942.45
Furniture and fixtu res_
19,706.41
Demand deposits _______ 1,129,410.38
Banking h ou se___
50*291.97
Cash and due from banks 377,131.32 Time deposits _________ 434,238.02
U. S. Gov’t deposits___
9,877.54
Other resources__
526.42
Public funds __________
136,590.49
Deposits of ban k s______ 149,296.88
Total d e p ._$1,859,413.31
T o t a l_________________ $2,054,643.78



T o t a l-------------------------- $2,054,643.78

so

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
Hugh Thompson
J. W. Gossett

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures —
Other real e s ta te _____
Cash and due from banks

224,701.09
2,224.47
259,968.75
209,244.56
3,320.06
1.00
210,758.07

T o ta l________________ $ 910,218.00

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 100,461.47

25,000.00
50,000.00
25,461.47

Demand deposits ______
U. S. Gov’t deposits___
Public funds __________
Total d e p ._$ 809,756.53

665,019.74
1,425.30
143,311.49

T o ta l________________ $ 910,218.00

CITIZENS BANK, BEEBE
Population 1,192.

White County

Chartered June 21, 1917. Telephone No. TAylor 8-5471. Transit Number 81-588
Officers
T. E. Abington__________ President
J. R. Sloan___________ Vice President
Arina Boardman_____________ Cashier

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

.STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $ 448,802.27
331.78
Overdrafts ____________
U. S. Gov’t obligations_ 178,677.00
Other bonds and
securities-----------------9,000.00
Furniture and fixtures —
1.00
Banking h ou se-------------1.00
Other real e s ta te ______
201.00
Cash and due from banks 168,337.04
Other resources________
1,S01.75
T o ta l________________ $ 806,652.84



Liabilities
Capital stock
_$
Surplus fund
Undivided p r o fit s _
Reserves
Total capital
accounts_$ 112,839.29
Demand d e p o s its _
Public funds
Total dep.
693,813.55
T ota l__

_

25.000. 00
25.000. 00
17,839.29
45.000. 00

611,090.50
82,723.05

__ ____$ 806,652.84

Forty-Third Report

31

BENTON STATE BANK, BENTON
Population 6,277. Saline County
Chartered February 9, 1934. Telephone No. SPring 8-2591. Transit No. 81-711
Officers
W. R. Alsobrook___ ______ President
D. J. Stirman_________ Vice President
W. A. Springer_______ Vice President
B. J. Ford_____________Vice President
Van H. Wright________ Asst. Cashier
Carl Wright____________Asst. Cashier
Joe Thomason_________ Asst. Cashier

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

STATEMENT OF JUNE 29. 1957
Resources
Liabilities
Loans and discounts_$2,871,611.19
Capital s t o c k __________ $ 300,000.00
U. S. Gov’t obligations_ 2,565,812.19 Surplus f u n d __________
300,000.00
Other bonds and
Undivided p r o fit s ______
79,411.20
securities______
756,839.58
Reserves ______________
4,984.11
Furniture and fixtures_
45,472.09 Total capital
Banking h ou se___
3,456.27
accounts_$ 684,395.31
Cash and due from banks 1,589,581.76
Other resources____ :___
1,096.74 Demand deposits ______ 3,731,630.72
Time deposits _________ 2,530,772.28
U. S. Gov’t deposits____ 129,537.54
Public funds __________
458,807.71
233,713.79
Deposits of ban k s_:___
Total dep. __$7,084,462.04
Other liabilities________
Total

$7,833,869.82

Total

65,012.47
$7,833,869.82

THE UNION BANK OF BENTON, BENTON
Population 6,277. Saline County
Chartered January 11, 1954. Tel. No. SPring 8-4518. Transit Number 81-774
Officers
T. H. Duke_______________President
Henry Brown_________Vice President
Henry Finkbeiner___ Vice President
Ralph Neaville--------------------- Cashier
George E. Spaeth______Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
$
Loans and discounts-----$ 657,309.71 Capital stock
U. S. Gov’t obligations_ 262,116.29 Surplus fund
Undivided profits
Other bonds and
securities______ 453,798.20
Total capital
accounts_$ 188,568.21
Furniture and fixtures_
23,919.32
Cash and due from banks 664,205.71
Demand deposits
_ _
Other resources--2,977.71
Time deposits _
__
U. S. Gov’t deposits___
Public funds
Total dep. __$1,875,758.73
Total



$2,064,326.94

Total

100,000.00
50,000.00
38,568.21

961,248.93
647,569.49
506.25
266,434.06

$2,064,326.94

State of Arkansas: Bank Department

32

BANK OF BENTONVILLE, BENTONVILLE
Population 2,942.
Chartered February 25, 1931.

Benton County

Telephone No. 149.

Officers
John D. Wright___________ President
Fred Douglas__ Vice Pres. & Cashier
Orie Lee Craig________Asst. Cashier
V. C. Rife, Jr________ Asst. Cashier

Fred Douglas
W. H. Enfield
Melvin Hall

Transit Number 81-701
Directors
Carl Hutchens
John D. Wright

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $1,446,542.56
U. S. Gov’t obligations_ 787,015.94
Other bonds and
376,794.35
securities
Furniture and fixtu res_
23,059.09
Banking house
4,500.00
Cash and due from banks 690,340.71

T o ta l_

$3,328,252.65

Liabilities
$ 100,000.00
Capital stock
_ _
70,000.00
Surplus fund
Undivided profits
78,108.95
Total capital
accounts_$ 248,108.95
Demand deposits
2,096,296.15
Time deposits
622,800.03
U. S. Gov’t deposits___
16,846.68
Public funds _
319,200.84
Deposits of banks _
25,000.00
Total dep. __$3,080,143.70
Total

$3,328,252.65

BANK OF BLEVINS, BLEVINS
Population 271.
Chartered August 12, 1912.

Hempstead County

Telephone Number 2274.

Officers
Herbert M. Stephens ____ President
P. C. Stephens_ _ _ Cashier

Transit Number 81-518

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts__ $ 118,330.78
U. S. Gov’t obligations_ 110,700.00
Other bonds and
securities
26,316.00
Furniture and fixtu res_
1,932.00
Banking house
1.00
Cash and due from banks 112,458.92

Total



$ 369,738.70

Liabilities
Capital stock _
$
Surplus fund
Undivided profits ....
Reserves
Total capital
accounts_$ 61,763.15

25,000.00
25,000.00
10,092.80
1,670.35

Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total dep. __$ 307,975.55

236,624.61
38,661.60
7,662.50
25,026.84

Total

$ 369,738.70

Forty-Third Report

33

FARMERS BANK AND TRUST COMPANY, BLYTHEVILLE
Population 16,234. Mississippi CountyChartered March 16, 1908. Tel. No. POplar 3-8101. Transit Number 81-105

B.
R.
F.
R.
R.
B.
L.
H.

Officers
A. Lynch______________ President
A. Porter_________Vice President
E. Warren_______ Vice President
L. Banister______________ Cashier
G. Cox_____________Asst. Cashier
D. Grimes__________Asst. Cashier
A. Crowe__________ Asst. Cashier
N. Whitis__________ Asst. Cashier

Directors
J. L. Cherry
R. A. Porter
C. A. Cunningham
B. S. Simmons
I. R. Johnson
F. E. Warren
L. H. Welch
Chas. C. Langston
B. A. Lynch

.STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 200,000.00
Loans and discounts___ $4,710,057.32
800,000.00
Overdrafts ____________
1,845.18 Surplus f u n d __________
U. S. Gov’t obligations_ 3,403,968.75 Undivided p r o fit s --------- 289,283.14
Reserves ______________
67,820.78
Other bonds and
securities____________
406,121.83 Total capital
accounts_$1,357,103.92
Furniture and fixtu res_
36,684-03
Banking h ou se_________
42,500.00
Cash and due from banks 1,311,062.52 Demand deposits ______ 5,992,147.54
Other resources________
41,520.79 Time deposits _________ 1,968,363.38
U. S. Gov’t deposits___
93,784.97
Public funds __________
420,552.21
Deposits of b an k s______
89,490.13
Total dep___ $8,564,338.23
Other liabilities________
Total

$9,953,760.42

Total

32,318.27
$9,953,760.42

CITIZENS BANK, BOONEVILLE
Population 2,433. Logan County
Chartered April 18, 1910.
Telephone Number 274.
Transit Number 81-195
Officers
Mrs. Long John Williams_President
Abe Williams__ Vice Pres. & Cashier
George R. Edwards__ Vice President
& Asst. Cashier

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

STATEMENT OF
Resources
Loans and discounts___ $ 556,969.04
Overdrafts -----------------4,501.33
U. S. Gov’t obligations_ 1,136,000.00
Other bonds and
securities______
981.00
Furniture and fixtu res_
1.00
Banking h ou se___
2,000.00
Other real e s ta te ______
3.00
Cash and due from banks 503,840.53

JUNE 29, 1957
Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______ 114,919.17
Total capital
accounts_$ 214,919.17

T o ta l_________________ $2,204,295.90



Demand deposits ______ 1,904,691.98
U. S. Gov’t deposits___
8,398.43
Public funds __________
76,286.32
Total dep. —$1,989,376.73
T o t a l_________________ $2,204,295.90

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
Directors
J. B. Edwards__________
President
J. B. Edwards
W. T. Murphy, Jr.
W. T. Murphy, Jr----Vice President L. B. Hammer
A. G. Sanderson
J. W. Meek__________________ Cashier J. W. Meek
J. W. Meek, Jr________ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts — $ 248,133.86
185.39
Overdrafts _
_ —
U. S. Gov’t obligations_ 175,000.00
Other bonds and
32,000.00
securities
--------------3,708.69
Furniture and fixtures_
200.00
Banking house
3.00
Other real estate
Cash and due from banks 195,303.03

Total

—

—

_$ 654,533.97

Liabilities
Capital stock _ _ _
Surplus fund
Undivided profits _
Total capital
accounts_$ 108,113.62

25,000.00
25,000.00
58,113.62

Demand deposits _
Time deposits
U. S. Govt’ deposits___
Public fu n d s _
_ _ _
Total d ep ._$ 546,420.35

401,119.74
35,150.00
4,812.50
105,338.11

Total

_________

$ 654,533.97

BANK OF BRINKLEY, BRINKLEY
Population 4,173.

Monroe County

Chartered January 17, 1903. Telephone Number 31.
Officers
A. L. Rusher____________ President
John F. Cole___ Exec. Vice President
Frank Andrews_______Vice President
R. H. Midkiff_______________ Cashier
J. J. Roberts_,_________ Asst. Cashier

Transit Number 81-191

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts-$1,164,245.82
U. S. Gov’t obligations_ 864,000.00
Other bonds and
388,896.42
securities______
Furniture and fixtu res_
23,324.28
32,500.00
Banking h ou se___
Cash and due from banks 603,733.17
Other resorces ________
1,669.30

Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______
56,714.70
Reserves ______________
3,000.00
Total capital
accounts_$ 259,714.70
Demand deposits ______2',102,219.16
Time deposits _________
527,017.86
U. S. Gov’t deposits____
18,426.54
Public funds __________
169,100.10
Total dep. __$2,816,763.66
Other liabilities _______

Total



$3,077,368.99

Total

890.63
$3,077,368.99

Forty-Third Report

35

BANK OF CABOT, CABOT
Population 1,147.
Chartered March 23, 1903.

Lonoke County-

Telephone Number 19‘. Transit Number 81-304

Officers
Fred B. Garlington_______President
Mrs. Marvin Park__ Vice President
& Cashier
James M. Park________Asst. Cashier
Cecil T. Owen_________Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Banking h ou se_________
Other real e s ta te ______
Cash and due from banks

Total

995,979.16
157.57
455,545.00
200,276.05
1.00
7,500.00
1.00
583,598.30

$2,243,058.08

Liabilities'
Capital stock
$ 50,000.00
50,000.00
Surplus fund
_
_ _
110,941.04
Undivided profits
Reserves
24,240.71
Total capital
accounts_$ 235,181.75
1,584,262.84
Demand deposits
Time deposits
359,363.73
U. S. Gov’t deposits___
17,013.26
Public funds
47,236.50
Total d ep ._$2,007,876.33
Total

$2,243,058.08

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

Izard County-

Telephone Number 4.

Officers
S. E. McNeill______________ President
Noel J. Copp_________Vice President
E. C. Rodman______________ Cashier
Mrs. Boyce Hicks.____ Asst. Cashier

Transit Number 81-305

Directors
Dr. Noel J. Copp
E. C. Rodman
S. E. McNeill
Gulley R. Seay

.STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 317,462.07
Overdrafts ____________
467.14
U. S. Gov’t obligations_ 760,900.00
Other bonds and
securities ____________
7,000.00
Furniture and fixtu res_
1.00
Banking h ou se ___
1.00
Other real estate_
3.00
Cash and due from banks 407,293.92
Other resources__
1.361.00
Total



$1,494,489.13

Liabilities
Capital stock __________$
Surplus fu n d ___________
Undivided p r o fit s ______
Total capital
accounts_$ 131,216.05

25,000.00
85,000.00
21,216.05

Demand deposits_______ 1,337,289.58
Time deposits__________
10,064.27
Public fu n d s ___________
15,919.23
Total dep. __$1,363,273.08
Total

$1,494,489.13

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
Officers
Charles I. Grayson----------- President
Hamilton T. Patton__Vice President
Joseph W. Coan------------------ Cashier
Edward L. Harrison____ Asst. Cashier
P. W. Wooldridge______ Asst. Cashier
O. G. Burnham________ Asst. Cashier

Directors
H. T. Patton
Mike Berg
John C. Watts
J. W. Coan
P. W. Wooldridge
E, W. Copeland
C. I. Grayson
E. L. Harrison

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 100,000.00
Loans and discounts----- $ 793,566.86
50,000.00
U. S. Gov’t obligations_ 1,421,000.00 Surplus f u n d __________
Undivided p r o fit s --------- 366,346.81
Other bonds and
100,000.00
securities------------------ 1,699,205.38 Reserves _______________
Furniture and fixtures —
1.00 Total capital
accounts_$ 616,346.81
Cash and due from banks 1,705,980.51
Other resources-----------1.00
Demand deposits ______ 3,866,704.00
Time deposits _________
776,649.24
U. S. Gov’t deposits___
20,129.08
Public funds __________
332,894.40
Deposits of ban k s______
7,031.22
Total d e p ._$5,003,407.94
Total

$5,619,754.75

T ota l________________ $5,619,754.75

CITIZENS BANK, CARLISLE
Population 1,396. Lonoke County
Chartered December 22, 1930. Telephone Number 2111. Transit Number 81-689
Officers
Directors
A. H. Hunt_______________ President A. B. Birdsong
E. L. Morris
C. W. Harper__ Exec. Vice President F. E. Downs, Jr.
F. M. Perkins
& Cashier C. W. Harper
H. L. Perkins
Mary Burnett_________ Asst. Cashier A. H. Hunt
Maurice Woodruff_____ Asst. Cashier
STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Loans and discounts___ $ 399,280.06
Capital s t o c k __________$ 50,000.00
Surplus f u n d __________
50,000.00
U. S. Gov’t obligations __ 686,721.00
Undivided p r o fit s ______
89,751.28
Other bonds and
securities______ 290,758.50
Reserves ______________
5,000.00
Furniture and fixtures_
8,262.48 Total capital
accounts_$ 194,751.28
Banking h ou se ___
13,500.00
Cash and due from banks 492,155.13
Demand deposits ______ 1,588,685.97
U. S. Gov’t deposits___
13,084.08
Public funds __________
85,043.20
Total dep. —$1,686,813.25
Other liabilities _______
Total



$1,890,677.17

Total

9,112.64
$1,890,677.17

Forty-Third 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 29, 1957
Resources
Loans and discounts___ $ 356,207.95
Overdrafts ____________
406.29
U. S. Gov’t obligations_ 172,000.00
Other bonds and
128,628.11
securities______
Furniture and fixtu res_
1,175.00
Banking h ou se___
3,500.00
Other real e s ta te ______
1,100.00
Cash and due from banks 163,867.91

T a tol________________ $ 826,885.26

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 83,504.48

25,000.00
40,000.00
18,504,48

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. __$ 743,380.78

533,862,61
161,037.13
3,304.03
45,177.01

T a tol________________ $ 826,885.26

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
H. E. Shumate
B. H. McDonald
S. B. Stevinson
McLoud Sicard

.STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts-------------------U. S. Gov’t obligations_
Other bonds and
securities____________
Banking h ou se-------------Furniture and fixtu res_
Cash and due from banks
Other resources________

Total



653,191.49
3,168.38
330,200.00
215,204.56
4,000.00
5,001.00
300,170.67
1.00

$1,510,937.10

Liabilities
Capital s t o c k _________$
Surplus fund __________
Undivided p rofits_______
Total capital
accounts_$ 218,547.14

25,000.00
50,000.00
143,547.14

Demand deposits________ 1,013,021.94
Time deposits__________ 241,492.14
U. S. Gov’t deposits___
5,003.80
Public fu n d s ___________
32,872.08
Total d ep ._$1,292,389.96
Total

$1,510,937.10

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
W. M. Smith_____________ President
W. M. Smith, Jr______ Vice President
H. H. Beasley_Vice Pres. & Cashier
J. R. Cavin____________ Asst. Cashier

H. H. Beasley
Millard Carter
R. L. Ellis

Directors
H. P. Maddox, Sr.
W. M. Smith
W. M. Smith, Jr.

.STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 660,497.75
345.16
Overdrafts _
U. S. Gov’t obligations_ 150,000.00
Other bonds and
1,197.44
securities
347.46
Furniture and fixtu res_
Banking house
1.00
Cash and due from banks 171,136.49
Other resources
566.78

Total

$ 984,092.08

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 138,005.35

772,511.95
3,152.33
70,422.45

Demand deposits
U. S. Gov’t deposits___
Public funds
Total dep.
846,086.73
Total

25,000.00
25,000.00
88,005.35

$ 984,092.08

BANK OF CHIDESTER, CHIDESTER
Population 425.
Chartered April 29, 1909.

Ouachita County

Telephone No.vOV 5-2261.

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

Transit Number 81-314

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 29, 1957
Resources
Loans and discounts___ $ 77,554.57
300.37
Overdrafts ____________
U. S. Gov’t obligations_ 181,000.00
Other bonds and
securities____________
14,847.90
Banking h ou se_________
800.00
Cash and due from banks , 103,483.76
1,561.65
Other resources________

Total



.$ 379,548.25

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 41,426.96
Demand deposits
Time deposits
_ _
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 338,121.29
Total

25,000.00
5,000.00
11,426.96

279,999.33
15,900.00
5,199.00
37,022.96

$ 379,548.25

Forty-Third Report

39

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

Monroe County

Telephone Number 18.

Officers
#
S. J. Dean________________ President
Ross Reynolds________Vice President
M. L. Dickerson____________ Cashier
Dorothy Palmer_______ Asst. Cashier
Pat McKay___________ Asst. Cashier

Transit Number 81-758

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

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $1,028,482.48 Capital s t o c k __________ ! 100 ,000.00
1,283.35 Surplus fu n d ___________
Overdrafts-------------------75,000.00
44,200.00 Undivided p r o f it s ______
U. S. Gov’t obligations—
19,951.81
Other bonds and
Reserves ______________
1,000.00
securities____________
576,514.83 Total capital
Furniture and fixtu res_
14,010.41
accounts_$ 195,951.81
Cash and due from banks 389,924.93
Demand deposits________ 1,139,988.86
Time deposits__________ 217,229.44
Public fu n d s ___________
182,861.30
Total d ep ._$1,540,079.60
Bonds sold with repurchase
agreem ent___________ 318,384.59
Total

$2,054,416.00

T o ta l________________ $2,054,416.00

CLINTON STATE BANK, CLINTON
Population 853. Van Buren County
Chartered October 16, 1946.
Tel. No. PI 5-3141.
Transit Number 81-758
Officers
_
Howard Johnson__________ President
C. M. Horton________Vice President
Garner M. Johnson__________ Cashier
Dois G. Johnson_______Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Liabilities
Capital s t o c k __________ $ 50,000.00
Loans and discounts___ $ 427,898.99
50,000.00
U. S. Gov’t obligations_ 859,003.28 Surplus f u n d __________
Undivided p r o fit s ______
98,877.91
Other bonds and
217,177.55 Reserves ______________
securities___________
10,000.00
Furniture and fixtu res_
8,000.00 Total capital
accounts_$ 208,877.91
Banking h ou se_________
5,500.00
Cash and due from banks 310,266.22
Demand deposits ______ 1,502,195.39
U. S. Gov’t deposits___
12,223.63
Public funds __________
104,489.11
Total dep. __$1,618,908.13
R6SOUFC6S

Total



$1,827,786.04

Total

$1,827,786.04

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 JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $ 987,480.45 Capital stock
____ $ 60,000.00
80,000.00
U. S. Gov’t obligations_ 1,605,294.11 Surplus fund _
Other bonds and
129,967.67
Undivided profits
securities _
861,791.99 Reserves _
27,000.00
_
______
Furniture and fixtu res_
14,178.90 Total capital
Banking house
_____
accounts_$ 296,967.67
8,784.00
Cash and due from banks 978,650.15
2,750,208.58
Other resources _______
21,854.85 Demand deposits
Time deposits _
___
968,370.96
67,089.10
U. S. Gov’t deposits____
Public funds
_ _
394,087.60
Deposits of banks
_ _
1,310.54
Total dep. _-$4,181,066.78
Total _____

__ $4,478,034.45

Total _

$4,478,034.45

THE CORNING BANK, CORNING
Population 2,045. Clay County
Chartered January 29, 1931. Telephone No. UL, 7-3261. Transit Number 81-211
Officers
Directors
Sam L. Manatt____________ President John Oliver BlackSam L. Manatt
Mrs. Sam L. Manatt_Vice President L. G. Black
Mrs. Sam L. Manatt
F. B. Manatt________ Vice President M. G. Hoffman Sam L. Manatt, Jr.
Sam L. Manatt, Jr__Vice President F. B. Manatt
& Cashier
Edith G. Toalson______ Asst. Cashier
C. E. Headley-------------- Asst. Cashier
Jim Vinson____________ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital stock
_
$ 100,000.00
Loans and discounts___ $1,771,800.66
100,000.00
U. S. Gov’t obligations_ 612,144.50 Surplus fund
62,147.93
Undivided profits _____
Other bonds and
securities ___________
75,000.00 Total capital
accounts_$ 262,147.93
Furniture and fixtu res_
10,813.57
Banking h o u se _________
18,477.14
2,503,922.31
Cash and due from banks 792,765.43 Demand deposits
382,889.43
Time deposits
4,552.11
U. S. Gov’t deposits___
Public funds
______
117,489.52
Deposits of banks _
10,000.00
Total d e p ._$3,018,853.37
Total



$3,281,001.30

Total

$3,281,001.30

41

Forty-Third Report

BANK OF CROSSETT, CROSSETT
Population 4,619. Ashley County
Chartered December 22, 1913. Telephone No. FO 4-4163. Transit Number 81-321
Officers
William C. Norman________President
J. Ben Posey----- - ____Vice President
& Cashier
C. E. Hannum-------------Asst. Cashier
J. N. Lovett---------------- Asst. Cashier

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

STATEMENT OF JUNE 29. 1957
Resources
Liabilities
Loans and discounts____$1,111,653.09 Capital s t o c k __________ $ 200,000.00
U. S. Gov’t obligations_ 3,485,704.42 Surplus f u n d __________ 200,000.00
Other bonds and
Undivided p r o fit s ______
94,858.47
securities ___________
936,431.68 Reserves ______________
15,647.52
Total capital
Furniture and fixtures______________51,240.12
98,405.13
accounts_$ 510,505.99
Banking h ou se_________
Cash and due from banks 1,332,959.11
Demand deposits_______ 4,331,287.05
Time deposits _________ 1,620,144.31
U. S. Gov’t deposits___
81,478.16
Public funds __________
394,261.52
Total dep.__$6,427,171.04
Other liabilities _______
Total -------------------------- $7,016,393.55

78,716.52

Total -------------------------- $7,016,393.55

DANVILLE STATE BANK, DANVILLE
Population 829. Yell County
Chartered October 3, 1930.
Telephone Number 36.
Transit Number 81-700
Officers
Directors
John Ed Chambers_ . _ -President H. W. Burnham
J. W. Hull
Jim Bill Gatlin__
Cashier J. E. Chambers
Joe Ray
Selma C. Gatlin
__ Asst. Cashier John Ed Chambers
Neil Sims
Winifred N. Pledger__ .Asst. Cashier Jim Bill Gatlin
STATEMENT OF JUNE 29, 1957
Liabilities
$ 35,000.00
Loans and discounts__ ._$ 517,461.33 Capital stock
40,000.00
U. S. Gov’t obligations.
581,838.28 Surplus fund
96,084.64
Undivided profits _ _
Other bonds and
_
_
5,869.38
securities
__ _
41,096.28 Reserves _
1.00 Total capital
Furniture and fixtures.
accounts_$ 176,954.02
Banking house
2,608.50
Other real estate
4,000.00
Cash and due from banks 286,176.01 Demand deposits
_ _ 966,482.43
Other resources
_ .
1.00 Time d e p o sits_
157,069.84
U. S. Gov’t deposits___
4,004.77
Public f u n d s __
128,663.34
Total dep.—$1,256,220.38
Resources

Other liabilities
Total _



-$1,433,182.40

Total

___

__

__ __
_

8.00

_ $1,433,182.40

42

State of ArkoMsas: 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
John L. Hamilton____ Vice President
Robert L. Holland___________Cashier
Arminta M. Jones____ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 578,806.60
Overdrafts ____________
340.38
U. S. Gov’t obligations_ 771,761.75
Other bonds and
securities____________
4,293.82
6,000.00
Furniture and fixtures_
Banking house ________
4,500.00
Cash and due from banks 286,006.78
Other resources________
987.84

Total

$1,652,697.17

Liabilities
Capital stock
___
$
Surplus fund _ _
Undivided profits _
Total capital
accounts_$ 147,779.50
Demand deposits _
Time deposits ___
U. S. Gov’t deposits____
Public funds
___
Total dep__ $1,504,917.67
Total

50,000.00
50,000.00
47,779.50

979,419.33
386,182.35
10,418.21
128,897.78

$1,652,697.17

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

Benton County-

Telephone Number 103.

Officers
Irving N. Hepner________ President
Edgar T. Parker______Vice President
C. Tom Edmiston___________ Cashier

Transit Number 81-775

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts__ _$ 296,695.37
22.40
Overdrafts
U. S. Gov’t obligations __ 329,700.00
Other bonds and
22,720.00
securities _________
7,100.00
Furniture and fixturesCash and due from banks 497,731.90
Other resources
921.48

Total _____

______




$1,154,891.15

Liabilities
Capital stock _ _
$
Surplus fund ___
Undivided p r o fit s _
R e se rv e s _________ ____
Total capital
accounts_$ 89,479.36

40,000.00
20,000.00
23,045.62
6,433.74

Demand deposits
____ 1,026,915.86
U. S. Gov’t deposits____
8,334.15
Public funds
___
30,161.78
Total dep. __$1,065,411.79
Total ______________

_ $1,154,891.15

Forty-Third Report

43

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. Reid
D. C. Humphry
Joe W. Reid
Cecil E. Johnson, Jr.

STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Capital s t o c k __________ $ 25,000.00
Loans and discounts___ $ 277,577.38
25,000.00
Overdrafts ____________
605.04 Surplus f u n d __________
35,770.27
U. S. Gov’t obligations_ 227,559.29 Undivided p r o fit s --------Total capital
Other bonds and
accounts_$ 85,770.27
securities____________
35,308.80
Furniture and fixtures_
2,375.57
Banking house ________
4,613.23 Demand deposits ______ 493,487.23
Cash and due from banks 202,453.40 Time deposits _________ 149,430.70
U. S. Gov’t deposits___
2,056.62
Public funds __________
19,747.89
Total dep__ $ 664,722.44
Total _________________ $ 750,492.71

Total _________________ $ 750,492.71

DERMOTT STATE BANK, DERMOTT
Population 3,601. Chicot County
Chartered July 8, 1935.
Telephone No. FA 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
R. H. Dennington
John M. Baxter
W. E. Lephiew
W. A. Baxter
W. F. Pierce
W. H. Bynum

STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Loans and discounts____$1,453,461.57 Capital s t o c k __________ $ 100,000.00
100,000.00
Overdrafts ____________
140.00 Surplus f u n d __________
35,018.44
U. S. Gov’t obligations_ 861,368.50 Undivided p r o fit s ______
Reserves ________________
37,078.14
Other bonds and
securities____________
68,622.86 Total capital
accounts_$ 272,096.58
Furniture and fixtures_
23,300.00
Banking house ________
95,000.00
Cash and due from banks 546,491.60 Demand deposits_______ 1,500,738.34
Other resources _______
4,889.39 Time deposits _________ 961,237.76
U. S. Gov’t deposits___
13,985.86
Public funds __________
305,215.38
Total dep. _:$2,781,177.34
Total

__________________ $3,053,273.92




Total

__________________ $3,053,273.92

44

State of Arkansas: Bank Department

FARMERS AND MERCHANTS BANK, DES ARC
Population 1,612. Prairie County
Chartered January 20, 1902.

Telephone Number 2191.

Officers
Henry Nichols____________ President
L. R. Brown__________ Vice President
& Cashier
R. L. Morton--------------- Asst. Cashier

L. R. Brown
W. J. Caskey

Transit Number 81-233
Directors
Henry Nichols

STATEMENT OF JUNE 29, 1957
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

Total

621,583.57
48.95
423,260.94
189,541.55
6,055.94
1.00
236,161.20

$1,476,653.15

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 266,176.70
Demand deposits_______
Time deposits _________
U. S. Gov’t deposits____
Public funds __________
Total dep. —$1,210,476.45
Total

50,000.00
100,000.00
71,137.28
45,039.42
839,801.92
180,155.64
7,690.27
182,828.62

$1,476,653.15

DeWITT BANK AND TRUST COMPANY, DeWITT
Population 2,843.

Arkansas County

Chartered March 1, 1929. Telephone No. Wh 6-4161. Transit Number 81-245
Officers
Directors
George Smith_______________President A. G. Bauer
Q. D. LaFargue
R. H. Maddox—Exec. "Vice President J. Brown
R. H. Maddox
J. Brown_____________________ Cashier J. L. Fly
George Smith
Jack Whitmore
F. A. Trice____________ Asst. Cashier George W. Hall
T. F. Hudson_________Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 150,000.00
Loans and discounts___ $1,627,638.60
150,000.00
U. S. Gov’t, obligations — 731,726.56 Surplus f u n d __________
Undivided p r o fit s ______ 125,264.99
Other bonds and
78,433.18
securties -----------------967,211.24 Reserves ______________
Furniture and fixtures—
1.00 Total capital
accounts_$ 503,698.17
Banking house -----------1.00
Other real e s ta t e ______
1.00
Cash and due from banks 2,399,881.52 Demand d ep osits______ 4,503,351.42
Other resources________
1.00 Time deposits ________ 484,953.95
U. S. Gov’t deposits___
21,665.09
Public funds __________
212,793.29
Total dep__ $5,222,763.75
Total



$5,726,461.92

Total

$5,726,461.92

45

Forty-Third Report

BANK OF DOVER, DOVER
Population 510.

Pope County

Chartered September 29, 1905. Telephone No. 2481.
Officers
John E. Moore------------------ President
T. C. Campbell--------Vice President
W. M. Wallace--------------------- Cashier
C. L. Poynter--------------Asst. Cashier

Transit Number 81-329

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

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts___ $ 318,338.80 Capital stock — _
$ 25,000.00
25,000.00
U. S. Gov’t obligations_ 198,000.00 Surplus fund _
Other bonds and
46,376.99
Undivided profits
_ _
_
_ _
28,700.00 Total capital
securities
Furniture and fixtures_
4.000.
00 accounts_$ 96,376.99
Banking house
_____
2.000.
00
Cash and due from banks
96,586.18 Demand deposits _____ 509,262.32
Other resources ______ _
1.00 Time d ep osits___ ____
17,036.18
U. S. Gov’t deposits___
583.71
Public funds
_____
24,366.78
Total dep__ $ 551,248.99
Total _____

_

_____$

647,625.98

Total

_

______

$ 647,625.98

MERCHANTS AND FARMERS BANK, DUMAS
Population 2,512.

Desha County

Chartered May 10, 1909. Telephone Number EV 2-4311. Transit Number 81-330
Officers
R. A. Adcock______________ President
Claud T. Frank_Exec. Vice President
Ernest C. Bradshaw_________ Cashier
Mrs. Pearl Moore_____ Asst. Cashier

Directors
R. A. Adcock
Ray Maxwell
J. E. Allmon
Joe Lee McKennon
Jack Stiel Dante Clifton L. Meador
Claud T. Frank David Porter III
E. C. Gannaway O. L. Puryear
Howard Holthoff Lamar Williamson

STATEMENT OF JUNE 29. 1957
Resources
Liabilities
Loans and discounts___ $2,325,870.64
Captial s t o c k __________ $ 100,000.00
U. S. Gov’t obligations_ 306,308.13 Surplus f u n d __________
200,000.00
Undivided p r o fit s ______ 110,096.49
Other bonds and
16,756.63
securities____________
230,742.60 Reserves ______________
19,544.19 Total capital
Furniture and fixtures_
accounts_$ 426,853.12
Banking house ________
16,839.05
Cash and due from banks 483,545.38
Other resources________
1,303.58 Demand deposits ______ 1,985,539.58
Time deposits _________ 735,420.07
U. S. Gov’t deposits___
17,296.57
Public funds __________ 219,044.23
Total dep__ $2,957,300.45
Total



$3,384,153.57

Total

$3,384,153.57

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
W. M. Waters_______ Vice President
E. D. Heath_________Vice President
Mrs. Mary F. Fullwood______Cashier
Mrs. Alene Davis_____ Asst. Cashier
J. E. Brooks_________ Asst. Cashier

Transit Number 81-204

Directors
M. E. Bird
Levy McCracken
C. L. Blanz, Jr.
B. J. Wallace
B. G. Dickey, Jr.
W. M. Waters
Lawson T. Garner
L. S. Young
Everett Hood

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
$ 100,000.00
Loans and discounts----- $1,332,968.70 Capital stock
100,000.00
U. S. Gov’t obligations __ 455,772.36 Surplus fund _
Other bond and
66,728.07
Undivided profits
securities
373,466.09 Reserves
20,655.26
Furniture and fixtures-_
14,630.26 Total capital
Banking house
accounts_$ 287,383.33
49.20
Cash and due from banks 626,130.72
_ _ 1,563,739.73
Other resources
2,762.49 Demand deposits _
Time deposits _
258,516.33
U. S. Gov’t deposits____
13,149.86
Public funds
682,990.57
Total dep._$2,518,396.49
T®tal

$2,805,779.82

Total

$2,805,779.82

THE DELTA STATE BANK, ELAINE
Population 744.
Chartered December 30, 1947.

Phillips County

Tel. No. VA 7-2295.

Officers
Wm, Demoret_____________ President
J. M. Countiss, Jr____ Vice President
Mrs. Catherine M. Reid______Cashier
Mrs. Thelma B. Chilton_Asst. Cashier

Transit Number 81-759

Directors
C. B. Barnhart
Wm. Demoret
E. Clay Bumpers
F. R. Watson
Mary L. Demoret

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
$
Loans and discounts----- $ 120,658.27 Capital stock _ _
U. S. Gov’t obligations — 280,000.00 Surplus fund
2,380.07 Undivided profits _
Furniture and fixtures—
_ _
Cash and due from banks 253,185.02 Reserves
354.79 Total capital
Other resources
accounts_$ 91,750.61
Demand deposits _
Public funds _
Total dep.__$ 564,806.20
Other liabilities _
Total _

_

__




$ 656,578.15

Total ________

40.000. 00
40.000. 00
11,243.45
507.16

514,681.58
50,124.62

__ __

21.34

____ __$

656,578.15

Forty-Third Report

47

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

Union County-

Tel. No. UN 3-5107.

Officers
Louis E. Hurley___________ President
H. B. Axum___ Exec. Vice President
D. R. James__________Vice President
J. C. Craighead______ Vice President
Claude B. Church___________ Cashier
Geraldine H. Robinson_Asst. Cashier
Robert H. Tinkle_______Asst. Cashier

Transit Number 81-668

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

STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Loans and discounts____$3,932,342.89 Capital s t o c k __________ $
U. S. Gov’t obligations_ 1,258,478.26 Surplus f u n d __________
Undivided p r o fit s ______
Other bonds and
securities____________ 1,457,978.45 Reserves ______________
Total capital
Furniture and fixtures_____________ 21,082.91
accounts_$ 609,022.60
Cash and due from banks 2,114,283.15

100,000.00
200,000.00
155,032.38
153,990.22

Demand deposits ______ 6,451,942.03
Time deposits _________ 1,472,716.66
U. S. Gov’t deposits___
80,140.52
Public funds __________
134,795.61
Deposits of ban k s______
35,548.24
Total dep. —$8,175,143.06
Total _________________ $8,784,165.66

Total _________________ $8,784,165.66

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. E. Bunch
Joel L. Bunch
Roe Stokenbury

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Capital s t o c k __________ !
Loans and discounts------$ 346,813.00
U. S. Gov’t obligations_ 406,700.00 Surplus f u n d __________
Undivided p r o fit s ______
Other bonds and
securities ___________
10,000.00 Total capital
accounts_$ 78,478.26
Furniture and fixtures_
1.00
Banking house ________
1.00
Cash and due from banks 264,472.29 Demand deposits ______
Other resources________
66.67 Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. __$ 949,575.70
Total



$1,028,053.96

Total

25.000. 00
45.000. 00
8,478.26

564,310.32
333,780.94
3,177.92
48,306.52

$1,028,053.96

48

State of Arkansas: Bank Department

BANK OF ENGLAND, ENGLAND
Population 2,136.

Lonoke County

Chartered August 23, 1898. Telephone No. VI 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 29, 1957
Resources
Loans and discounts___ $ 810,063.68
U. S. Gov’t obligations_
7,000.00
Other bonds and
securities____________
80,600.48
1,000.00
Furniture and fixtures_
Banking house ________
1,001.00
Other real e s ta te ______
1.00
Cash and due from banks 819,552.85
Other resources________
1.00

Total

$1,719,220.01

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 209,631.14

50,000.00
75,000.00
84,631.14

Demand deposits ______ 1,373,204.10
Time deposits _________
75,709.68
Public funds __________
60,675.09
Total dep. —$1,509,588.87
Total

$1,719,220.01

THE CITIZENS BANK, ENGLAND
Population 2,136.

Lonoke County

Chartered January 14, 1931. Telephone No. VI 2-4211. Transit Number 81-492
Officers
Ben B. Morris------------------ President
Lois Rutherford---------Vice President
J. O. DuPree_______________ Cashier
Carroll C. Leonard, Jr._Asst. Cashier

W. G. Cunning
Ben B. Morris

Directors
Lois Rutherford
J. E. Swaim

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 534,899.40
Overdrafts ____________
45.21
U. S. Gov’t obligations __ 1,147,529.23
Furniture and fixtures_
1.00
Banking h o u se _________
1.00
Cash and due from banks 517,198.57

Liabilities
Capital s t o c k __________ $ 60,000.00
Surplus f u n d __________
65,000.00
Undivided p r o fit s ______ 169,548.87
Reserves ______________
1,703.61
Total capital
accounts_$ 296,252.48
Demand d e p o sits______ 1,528,404.85
Time deposits _________ 276,211.43
U. S. Gov’t deposits____
3,307.71
Public funds __________
95,497.94
Total dep. —$1,903,421.93

Total



$2,199,674.41

Total

$2,199,674.41

Forty-Third Report

49

THE EUDGRA BANK, EUDORA
Population 3,072.

Chicot County

Chartered December 23, 1930. Telephone No. EL 5-4416. Transit Number 81-334
Officers
W. W. Grubbs_____________President
C. J. Griffith, Jr_____ Vice President
C. A. Diehl_________________ Cashier
Evelyn M. Lilly_______ Asst. Cashier
Mary G. Thach________Asst. Cashier
Faye Newell__________ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $ 918,074.05
Capital s t o c k __________$ 100,000.00
Overdrafts ____________
1,703.70 Surplus fund __________
100,000.00
U. S. Gov’t obligations_ 478.368.75 Undivided p r o fit s ______
67,722.39
Other bonds and
Reserves ______________
27,082.46
securities____________
520,082.01 Total capital
accounts_$ 294.804.85
Furniture and fixtu res_
4,134.49
Banking h ou se_________
961.49
Cash and due from banks 318,125.18 Demand deposits
___ 1,243,870.90
Other resources________
943.68 Time d ep osits_________ 446,267.07
U. S. Gov’t deposits___
12,570.82
Public f u n d s _____ I _i_ 244,879.71
Total dep. __$1,947.588.50
Total

$2,242,393.35

Total

$2,242,393.35

BANK OF EUREKA SPRINGS, EUREKA SPRINGS
Population 1,958.
Chartered May 4, 1912.

Carroll County

Telephone Number 3441.

Officers
C. A. Fuller--------------------- President
Ray Freeman________Vice President
L. R. Flora____________ A^st. Cashier

Transit Number 81-472

Directors
J. M. Bullock Richard R. Thompson
John F. Cross Neal Walters
C. A. Fuller

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $ 288,237.23 Capital s t o c k __________$ 50,000.00
Overdrafts ____________
14.45 Surplus fund __________
30,000.00
U. S. Gov’t obligations_ 554,207.20 Undivided p r o fit s ______
32,822.75
Other bonds and
Total capital
securiites______
57,030.00
accounts_$ 112,822.75
Furniture and fixtu res_
1.00
Banking h ou se___
2,000.00
Demand deposits ______ 660,851.70
Other real e s ta te ______
1.00 Time deposits _________ 254,358.84
9,050.41
Cash and due from banks 238,045.86 U. S. Gov’t deposits___
Other resources__
3,834.25
Public funds __________
83,913.75
Deposits of ban k s______
22,373.54
Total dep. __$1,030,548.24
Total



$1,143,370.99

Total

$1,143,370.99

50

State of Arkansas: Bank Department

BANK OP 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. 0. Laman
J. B. Metcalf
O. S. Westmoreland
Vice President E. B. Metcalf
0. S. Westmoreland
E. B. Metcalf_______________ Cashier
STATEMENT OP JUNE 29, 1957
Liabilities
Resources
$ 10,000.00
Loans and discounts___ $ 33,812.97 Capital stock
30,000.00
U. S. Gov’t obligations_ 280,000.00 Surplus fund
13,158.75
1.00 Undivided profits
Furniture and fixtu res_
Banking h o u se __ ______
1.00 Total capital
accounts_$ 53,158.75
Cash and due from banks
85,324.08
Demand d e p o s its _____
Time d e p o s its ____
Public funds
Total d e p ._$ 345,980.30
Total ____

________$

399,139.05

Total

_ _

______

328,337.62
3.00
17,639.68

$ 399,139.05

McILROY BANK, FAYETTEVILLE
Population 17,071. Washington County
Chartered December 24, 1892. Telephone No. HI 2-5351. Transit Number 81-87
Officers
Directors
Hayden Mcllroy___________ President William M. BagbyHerbert L. Thomas
John E. Kane______Exec. Vice Pres.
L. L. Baxter
Clifton Wade
& Trust Officer John E. Kane
Marion Wasson
J. B. McConnell___ Sr. Vice President
J. B. McConnell W. C. Whitfield, Jr.
Wilmer C. Smith_Vice Pres. & Sec.
Hayden Mcllroy Hugh Williams
Norma Moseley______Asst. Secretary
Henry B. ShrevePaul Young, Jr.
Zelma Parmer_________Asst. Cashier Wilmer C. Smith
Betty Clark___________ Asst. Cashier
J. M. Jackman________ Asst. Cashier
Charles 0 . Phillips---------Asst. Trust
Officer
STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Capital stock ___
ip 100,000.00
Loans and discounts____$2,547,728.81
200,000.00
2,743.60 Surplus fund
Overdrafts ____________
55,661.43
U. S. Gov’t obligations — 2,277,691.82 Undivided profits
382,546.69
Reserves _
____
Other bonds and
securities____________ 1,739,998.88 Total capital
accounts_$ 738,208.12
Furniture and fixtu res_
10,786.40
Banking h ou se _________
152,211.93
5,031,125.19
Cash and due from banks 2,696,076.38 Demand deposits
1,765,922.56
Other resources________
4,753.95 Time deposits _ —
U. S. Gov’t deposits____
93,807.01
Public funds
1,052,146.71
Deposits of ban k s_
750,782.18
Total d e p ._$8,693,783.65
Total



$9,431,991.77

Total

.$9,431,991.77

Forty-Third Report

51

FORDYCE BANK AN D TRUST COMPANY, FORDYCE
Population 3,754.
Chartered January 5, 1931.

Dallas County

Telephone Number 83.

Officers
E. C. Benton_______________President
B. A. Mayhew_________Vice President
J. W. Hearnsberger__________ Cashier
Mrs. M. S. Smith______ Asst. Cashier
Mrs. K. J. Graves_____ Asst. Cashier

Transit Number 81-127

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$ 871,028.29
Overdralts ____________
719.81
U. S. Gov’t obligations_ 1,090,217.25
Other bonds and
securities____________
601,296.00
Furniture and fixtu res_
7,030.62
Banking h ou se_________
18,000.00
Cash and due from banks 878,001.64

Total




$3,466,293.61

Liabilities
_ij5 100,000.00
Capital stock
Surplus fund _
100,000.00
Undivided profits
112,449.32
Reserves _
2,086.60
Total capital
accounts-_$ 314,535.92
Demand deposits
1,966,283.40
Time deposits
968,382.54
U. S. Gov’t deposits___
16,551.68
Public funds
196,401.74
Deposits of banks
4,138.33
Total dep. __$3,151,757.69
Total

$3,466,293.61

State of Arkansas: Bank Department

52

PLANTERS BANK AND TRUST COMPANY, FORREST, CITY
Population 7,607.

St. Francis County

Chartered April 5, 1921. Telephone No. Melrose 3-2833. Transit Number 81-143
Officers
H. H. Cooper______________ President
J. B. Fletcher________Vice President
Charles C. Moore__________Cashier
J. H. Calhoun_________ Asst. Cashier
Dione K. Henderson____Asst. Cashier
Elizabeth B. Moore____Asst. Cashier
W. P. Moore__________ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital stock
i £ 150,000.00
Loans and discounts----- $2,253,943.96
150,000.00
Overdrafts -----------------4,031.60 Surplus fund
155,031.06
Undivided profits
U. S. Gov’t obligations_1,014,134.38
13,934.38
Reserves ------Other bonds and
securities____________ 1,026,523.34 Total capital
accounts_$ 468,965.44
Furniture and fixtures —
29,885.83
44,000.00
Banking h o u se _________
2,824,824.06
Cash and due from banks 831,302.97 Demand deposits
.1,287,277.37
Other resources________
5,470.67 Time deposits
U. S. Gov’t deposits____
82,879.06
531,443.41
Public f u n d s ___
13,903,41
Deposits of banks
Total dep. _.$4,740,327.31
$5,209,292.75

Total

Total

$5,209,292.75

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

47,942.

Sebastian County

Chartered February 6, 1906. Telephone No. SU 3-1114. Transit Number 81-571
Officers
Leon E. Werntz___________ President
Carnall Gardner____ Vice President
Dorothy Turner_Secretary-Treasurer
Lloyd Williams_____ Asst. Secretary

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

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Capital s t o c k __________ i
Loans and discounts----- $ 110,991.72
Surplus f u n d __________
Other bonds and
securities-----------------26,798.25 Undivided p r o fit s ______
Furniture and fixtures —
11,351.48 Reserves ______________
Banking h o u se -------------18,000.00 Total capital
accounts_$ 279,118.84
Other real e s ta te --------16,640.35
Cash and due from banks
34,917.08
Other liabilities.
Other resources------------ 163,701.37
Total



$ 382,400.25

Total

150,000.00
30,000.00
97,936.43
1,182,41

103,281.41
$ 382,400.25

Forty-Third R&port

53

THE BANK OF FRANKLIN, FRANKLIN
Population 100.

Izard County

Chartered June 13, 1905

Transit Number 81-338

Officers
R. M. Standerford_______ President
Olen Barnes__________Vice President
Mrs. Tommie Billingsley____ Cashier
J. E. Godwin--------------- Asst. Cashier

Directors
R. M. Standerford

Olen Barnes
Tressie Combs
'

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 156,473.50
Overdrafts _
___
272.96
U. S. Gov’t obligations_
64,700.00
Other bonds and
3,000.00
securities _____ _
Furniture and fixtu res_
1,922.00
Banking house
1.00
Other real estate
1,600.00
Cash and due from banks
89,784.72
Other resources _ _ _
493.00

Total

_

$ 318,247.18

Liabilities
Capital stock
_
$
Surplus fund
Undivided profits _
Total capital
accounts_$ 42,861.15
Demand deposits
Time d e p o sits___ _____
U. S. Gov’t deposits - __
Public funds
Total d e p ._$ 275,386.03
Total

10,000.00
15,000.00
17,861.15

201,596.63
12,500.00
3,868.34
57,421.06

$ 318,247.18

BANK OF GLENWOOD, GLENWOOD
Population 843.

Pike County

Chartered December 27, 1912. Telephone Number 18. Transit Number 81-343
John
R. W.
H. H.
Doris

Officers
Golden
President
Brakefield
.Vice President
Duke
Cashier
Hutchings
_Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts_
Overdrafts
U. S. Gov’t obligations __
Furniture and fixtures
Banking house
Cash and due from banks
Other resources

482,573.83
.89.93
544,800.00
501.00
1.00
572,767.25
1.00

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Reserves
Total capital
accounts_$ 160,347.12

25,000.00
50,000.00
84,182.79
1,164.33

Demand deposits
1,025,819.19
Time deposits
372,231.90
U. S. Gov’t deposits__
9,000.00
Public funds
33,335.80
Total dep. —$1,440,386.89
Total



$1,600,734.01

Total _

$1,600,734.01

54

State of Arkansas: Bank Department

BANK OF GRAVETT, GRAVETTE
Population 894.

Benton County

Chartered February 28, 1898. Telephone No. 7-3401.

Transit Number 81-269

Officers
Directors
Tom Cawood_______________President F. S. Ballard
C. E. McAllister
J. T. Edmondson, Jr._Vice President Tom Cawood
John R. Meade
John R. Meade_______________Cashier J. T. Edmondson, Jr. Philo Rodgers
F. S. Ballard_________Asst. Cashier Allen McAllister
STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 587,132.83
Overdrafts ____________
2,951.25
U. S. Gov’t obligations_ 624,585.00
Other bonds and
securities______
90,182.04
Furniture and fixtu res_
7,136.57
Banking h o u se ___
3,100.00
Other real e s ta t e ______
1.00
Cash and due from banks 592,371.77
Other resources__
484.50

Total

$1,907,944.96

Liabilities
Capital s t o c k __________ $ 25,000.00
Surplus fund --------------25,000.00
Undivided p r o fit s ______ 173,104.23
Total capital
accounts_$ 223,104.23
Demand deposits ______ 1,346,913.88
Time deposits _________
286,695.22
U. S. Gov’t deposits___
1,126.04
Public fu n d s __________
50,105.59
Total d e p ._$1,684,840.73
Total

$1,907,944.96

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
W. H. Wolverton___ Asst. Vice Pres.

Transit Number 81-226

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

STATEMENT OF JUNE 29, 1957
Liabilities
$5
Capital s t o c k _
Surplus fund _
Undivided profits
--------Reserves
Total capital
accounts_$ 163,942.63

Resources
Loans and discounts-----$ 344,611.42
U. S. Gov’t obligations_ 427,000.00
Other bonds and
securities______ 469,125.50
Furniture and fixtures —
2.00
Banking h o u se ---2.00
Other real e s ta t e --------1.00
Cash and due from banks 581,617.60

Total



$1,822,359.52

40,000.00
60,000.00
63,442.63
500.00

1,103,868.93
Demand deposits
443,992.48
Time deposits
24,000.00
U. S. Gov’t deposits-----86,555.48
Public funds
Total d e p ._$1,658,416.89
Total

$1,822,359.52

Forty-Third Report

55

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

White County

Telephone Number 256.

Transit Number 81-347

Officers
Directors
Jas. A. Neaville____________ President Jas. A. Neaville
Jas. A. Neaville, Jr__ Vice President Jas. Neaville, Jr.
John B. Neaville____________ Cashier John B. Neaville
George F. Key------------- Asst. Cashier Mrs. Lucille A. Neaville
STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$ 170,806.47
U. S. Gov’t obligations_ 110,000.00
Furniture and fixtures_
600.00
Banking house
1.00
43,196.32
Cash and due from banks

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 28,339.44

20,000.00
4,000.00
4,339.44

Demand deposits
Public funds
Total dep. __$ 296,251.07

271,210.89
25,040.18

Other liabilities
Total

$ 324,603.79

Total

13.28
$ 324,603.79

CLARK COUNTY BANK, GURDON
Population 2,390.

Clark County

Chartered August 4, 1900. Telephone Number 3-4414. Transit Number 81-349
Officers
F. H. Rudolph_____________ President
E. H. Frizzell_________Vice President
Richard E. Davidson_________Cashier
Mrs. Lewelyn Edwards_Asst. Cahier

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

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts____$ 402,926.37
Capital stock___________ $ 50,000.00
45,000.00
Overdrafts ____________
1.12 Surplus f u n d __________
U. S. Gov’t obligations_ 369,290.32 Undivided p r o fit s ______
47,686.16
Reserves ______________
3,712.93
Oher bonds and
securities ,___________
262,310.39 Total capital
659.04
Furniture and fixtures_
accounts_$ 146,399.09
Cash and due from banks 382,049.20
Demand deposits_______ 649,000.70
Time deposits _________ 476,449.64
U. S. Gov’t deposits____
6,017.49
Public funds __________
139,369.52
Total dep. __$1,270,837.35
Total



$1,417,236.44

Total

$1,417,236.44

56

State of Arkansas: Bank Department

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

Ashley County

Telephone Number ID-3-5200

Officers
S. A. Wilcoxon__________ President
V. W. Walker_______ Vice President
Louie G. Foote______________ Cashier
Paul E. Kirkland_____ Asst. Cashier

Transit No. 81-181

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts_____
U. S. Gov’t obligations_
Oher bonds and
securities____________
Furniture and fixtures_
Cash and due from banks

634,183.97
617,478.14
197,741.20
2,276.02
248,096.70

Liabilities
Capital stock
$ 50,000.00
Surplus fund
100,000.00
55,345.67
Undivided profits
Reserves
10,000.00
Total capital
accounts_$ 215,345.67
1,224,615.52
Demand deposits
Time deposits
168,057.46
U. S. Gov’t deposits____
4,032.76
87,724.62
Public funds
Total dep. __$1,484,430.36

Total

$1,699,776.03

Total

$1,699,776.03

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Oher bonds and
securities____________
Furniture and fixtures_
Banking house ________
Cash and due from banks

Total



Liabilities
Capital s t o c k __________
Surplus f u n d __________
Undivided p r o fit s ______
245,939.54 Total capital
5.000.
00 accounts_$ 161,940.19
7.000. 00
289,130.86 Demand deposits ______
Time d ep osits_________
U. S. Gov’t deposits____
Public funds __________
Total dep__ $1,213,733.71
470,199.00
358,404.50

$1,375,673.90

Total

25,000.00
100 .000.00
36,940.19

857,136.12
197,283.37
5,745.51
153,568.71

$1,375,673.90

Forty-Third Report

57

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

Poinsett County

Tel. Number PL-7-5427.

Officers
R. W. Butler_____________ President
H. S. Smith_________________ Cashier
Mrs. Ida J. Bettis______Asst. Cashier
Wilburn J. Cole------------Asst. Cashier

Transit No. 81-693

Directors
Mrs. Anna Margaret Butler
R. W. Bujtler
C. B. Wood, Sr.

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts____$ 849,959.50
Capital s t o c k __________ $ 50,000.00
Overdrafts ____________
832.79 Surplus f u n d __________
50,000.00
U. S. Gov’t obligations_ 441,150.00 Undivided p r o fit s ______
70,179.22
Oher bonds and
Total capital
accounts_$ 170,179.22
securities ___________
46,000.00
Furniture and fixtures_
9,451.79
Banking house ________
8,159.00 Demand deposits ______ 1,271,748.98
12,600.00 Time d ep osits_________ 122,280.43
Other real e s ta te ______
Cash and due from banks 318,261.61 U. S. Gov’t deposits____
26,251.82
Other resources________
627.79 Public funds __________
94,430.42
Total dep__ $1,514,711.65
Other liabilities________
Total

$1,687,042.48

Total

2,151.61
$1,687,042.48

COMMERCIAL BANK, HARRISON
Population 5,542.
Chartered July 7, 1944.

Boone County

Telephone Number 306.

Officers
Rabie Rhodes_________Chm. of Board
T. W. Rogers______________President
Dr. D. L. Owens_____ Vice President
Verl Hudspeth.,______ Vice President
H. D. Dixon________________ Cashier
H. W. Taylor_________ Asst. Cashier
Mrs. C. N. Kent_______ Asst. Cashier

Transit Number 81-746

H. D. Dixon
Verl Hudspeth
C. N. Kent
Joe Miller

Directors
Dr. D. L. Owens
Rabie Rhodes
T. W. Rogers

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts_$1,656,174.51
Capital s t o c k __________ $ 75,000.00
U. S. Gov’t obligations__ 611,159.37 Surplus f u n d __________
100,000.00
Oher bonds and
Undivided p r o fit s ______
45,527.54
securities______
534,029.83
Total capital
Furniture and fixtures_
26,293.66
accounts_$ 220,527.54
Other real e s ta te ______
34,965.56
Cash and due from banks 783,147.61 Demand deposits ______ 2,092,029.07
Other resources__
1,241.52
Time d ep osits_________ 1,016,395.82
U. S. Gov’t deposits____
33,058.30
Public fu n d s __________
195,650.36
Deposits of banks______
72,165.29
Total d ep ._$3,409,298.84
Other liabilities________
Total



$3,647,012.06

Total

17,185.68
$3,647,012.06

58

State of Arkansas: Bank Department

THE SECURITY BANK, HARRISON
Population 5.542.
Boone County
Chartered November 20, 1931. Telephone Number 86. Transit No. 81-704
Officers
Directors
C. C. Alexander___________President C. C. Alexander
Joe Kirby
Roy L. Baker, Jr______ Ex-Vice Pres.
Roy L. Baker
R. W. Milum
E. R. Tims____Exec. Vice President Roy L. Baker, Jr.
W. O. Newton
and Cashier F. L. Coffman
E. R. Tims _
L. A. Watkins_______ Vice President Garvin Fitton
L. A. Watkins
T. C. Heuer_________ Vice President T. C. Heuer
W. O. Newton_______Vice President
Jim Tilley_____________Asst. Cashier
Bill O. Watts_________ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 150,000.00
Loans and discounts_$3,274,227.47
Overdrafts ____________
27,289.72 Surplus f u n d __________
150,000.00
U. S. Gov’t obligations_ 1,259,649.35 Undivided profits. ______ 122,655.08
Oher bonds and
Total capital
accounts_$ 422,655.08
securities___‘___ 995,329.55
49,046.32
Furniture and fixtures_
Demand d e p o sits______ 4,027,698.58
Banking h ou se ___
47,498.50
Cash and due from banks 1,431,324.32 Time d ep osits_________ 2,355,626.82
Other resources__
3.00
U. S. Gov’t deposits____
22,193.53
Public funds __________
171,231.92
Deposits of ban k s______
84,962.30
Total dep. __$6,661,713.15
T ota l________________ $7,084,368.23

T ota l________________ $7,084,368.23

PRAIRIE COUNTY BANK, HAZEN
Population 1,270.
Prairie County
Chartered July 17, 1945. Telephone Number 2511. Transit Number 81-750
Officers
Directors
J. J. .S c r e e to n ___ _. _ President L. P. Aycock
J. J. Screeton
Ezra iShoop
L. P. Ay c o c k ______ .Vice President J. O. Crowly
James E. Sparks
J. E. Sparks _______ .Vice President H. J. Hall
R. C. Hartlieb _____ Vice President R. C. Hartlieb
Grace O. Stallings----_ Cashier H. B. Robinson
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts_.__$ 767,887.41 Capital stock
|5 60,000.00
Overdrafts
693.27 Surplus fund
40,000.00
U. S. Gov’t obligations __ 381,161.00 Undivided profits
66,418.27
Reserves
12,744.71
Oher bonds and
248,137.12 Total capital
securities
22,006.64
accounts_$ 179,162.98
Furniture and fixtures
21,840.12
Banking house
1,228,132.89
Cash and due from banks 585,245.25 Demand deposits
Other resources
2,105.31 Time deposits
437,359.12
U. S. Gov’t deposits .
10,433.60
Public funds
163,987.53
Deposits of banks
10,000.00
Total dep. __$1,849,913.14
Total



. $2,029,076.12

Total

-

$2,029,076.12

Forty-Third Report

59

THE CLEBURNE COUNTY BANK, HEBER SPRINGS
Population 2,109.
Chartered December 16, 1930.

Cleburne County

Tel. Number 2-2643.

Officers
Wiley H. Robbins_________ President
Jerome Johnson____Exec. Vice Pres.
Walter Aldridge_____________ Cashier
Sam Morton__________ Asst. Cashier
Awin Hazelwood______ Asst. Cashier

Transit Number 81-175

Directors
E. A. Jenkerson
L. E. Robbins
Jerome Johnson
W. E. Robbins #
Bruce M. Robbins
Wiley H. Robbins
Joe N. Robbins

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$
Overdrafts ____________
U. S. Gov’t obligations_
Oher bonds and
securities____________
Furniture and fixtures_
Banking h ou se_________
Cash and due from banks
Other resources________

335,770.89
811.44
574,730.77
306,349.14
4,150.00
1.00
220,188.51
1,932.79

T ota l________________ $1,443,934.54

Liabilities
Capital s t o c k __________ $ 30,000.00
35,000.00
Surplus f u n d __________
Undivided p r o fits ______ 108,314.98
Reserves ______________
42,522.48
Total capital
accounts_$ 215,837.46
Demand d e p o sits______ 1,174,941.81
U. S. Gov’t deposits____
12,279.22
Public funds __________
40,876.05
Total d ep ._$1,228,097.08
T ota l________________ $1,443,934.54

GUARANTY LOAN AND TRUST COMPANY, HELENA
(Not engaged in commercial banking)
Population 11,236.
Chartered Feb. 9, 1910.

Phillips County

Telephone Number HI 4-3032.

Officers
Dewey Moore______ ________ President S. H. Hurst
H. G. Stephens________Vice President C. E. Mayer
C. L. McKelvy____________ Secretary D. Moore
W. D. Hudson, Jr_________ Treasurer

Transit No. 81-64

Directors
W. L. Morris
H. G. Stephens

STATEMENT OF JUNE 29. 1957
Resources
Loans and discounts____$
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Other real es ta te ______
Cash and due from banks
Other resources________

98,429.32
86.99
1,500.00
23,900.00
1.00
1.00
51,965.40
3,801.00

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 94,805.90

50.000. 00
30.000. 00
14,805.90

Trust deposits
Total d ep ._$

79,846.99

Other liabilities
T otal________________ $ 179,684.71



Total

79,846.99

5,031.82
$ 179,684.71

60

State of Arkansas: Bank Department

VALLEY BANK, HINDSVILLE
Population 262.

Madison County

Chartered November 8, 1907. Telephone Number 3201
. Transit Number 81-362
Officers
Adry Gaskill_____________ President
C. F. Fitch, Jr________ Vice President
Lloyd A. Linebarger_________Cashier

Wm. B. Bunch
C. F. Fitch, Jr.
Adry Gaskill

Directors
James R. Hargis
Tom, Hargis
Lloyd A. Linebarger

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
96,808.11
476.65
Overdrafts ____________
U. S. Gov’t obligations_
85,000.00
Other bonds and
securities______
9,940.00
Furniture and fixtures_
1.00
Banking h ou se___
300.00
Cash and due from banks
94,765.36

T otal________________ $ 287,291.12

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fits ______
Reserves ________________
Total capital
accounts_$ 33,970.51
Demand deposits ______
Time d ep osits_________
U. S. Gov’t deposits____
Public funds __________
Total d ep ._$ 253,320.61

10,000.00
10,000.00
6,742.20
7,228.31

176,413.80
66,686.81
220.00
10,000.00

T ota l________________ $ 287,291.12

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

Monroe County

Telephone Number 2681.

Officers
M. P. Walls_______________ President
J. I. Matthews______^_Vice President
Jack Phillips________________ Cashier
Margaret J. Mack____ Asst. Cashier

Transit Number 81-275

Directors
B. J. Lambert
M. P. Walls
J. I. Matthews
O. M. Washingon
John B. Moore, Jr.

STATEMENT OF JUNE 29, 1957
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

Total



395,586.10
406.36
653,669.38
187,733.09
1.00
1.00
355,191.99

$1,592,588.92

Liabilities
Capital s t o c k __________ $ 30,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fits ______
18,027.44
Total capital
accounts_$ 198,027.44
Demand deposits ______ 1,023,904.86
Time deposits _________
231,806.41
U. S. Gov’t deposits____
1,350.00
Public funds __________
137,500.21
Total dep. —$1,394,561.48
Total

$1,592,588.92

61

Forty-Third Report

HORATIO STATE BANK, HORATIO
Population 776.
Chartered May 15, 1965.

Sevier County

Telephone Number YE 2-2501.

Officers
C. E. Hendrix_____________President
W. H. Frith_________Exec. Vice Pres.
Lilia S. Hendrix_____ Vice President
O. T. Brinkley_______ Vice President
Mazie Gallaher______________ Cashier
Flynn Justus___ Asst. Vice President
Edith Ann Hendrix___ Asst. Cashier

J. E. Baugh
O. T. Brinkley
F. R. Ethridge
W. H. Frith

Transit No. 81-342

Directors
C. E. Hendrix
Lilia S. Hendrix
Flynn Justus
Fred Sharp

STATEMENT OF JUNE 29, 1957
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

640,881.61
52.22
599,965.53
240,556.08
6,475.00
2,000.00
348,005.46

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 126,458.54

Demand d e p o sits______ 1,377,511.93
Time d ep osits_________ 242,948.62
U. S. Gov’t deposits____
2,985.81
Public funds __________
87,620.14
Total dep. __$1,711,066.50
Other liabilities________

Total




$1,837,935.90

32,500.00
42,500.00
51,458.54

Total

,410.86
$1,837,935.90

62

State of Arkansas: Bank Department

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

Garland County

Tel. Number NA 3-4424.

Officers
D. Burgauer______________ President
G. H. Sexton________Exec. Vice Pres.
Norton Meek_________Vice President
and Cashier
Wm. L. Little________Vice President
and Auditor
E. M. Thrash________ Vice President
Marie Schnebelen--------Asst. Cashier
and Trust Officer
Robert Jones_________ Asst. Cashier
C. J. Clements________ Asst. Cashier
H. G. Gasbarre_______ Asst. Cashier
F. L. Baldwin_________ Asst. Cashier
Palmer Vanderburg___ Asst. Cashier

Transit Number 81-51

Directors
D. Burgauer
George E. Sexton
Albert M. Guice
Floyd Thompson
Clarence J. Horner E. M. Thrash
Norton Meek
Hill A. Wheatley
Carl E. Miles
Warren W. Wilson

STATEMENT OF JUNE 29, 1957
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 _______

3,354,581.76
806.75
6,121,774.88
1,083,971.36
31,527.22
44,100.00
2,820,940.54
57,228.66

Liabilities
Capital s t o c k _________$
Surplus f u n d _________
Undivided p r o fit s _____
Reserves _____________
Total capital
accounts_$1,249,203.53

Demand d e p o sits_____ 9,324,644.14
Time d ep osits________ 1,809,824.45
117,354.98
U. S. Gov’t deposits___
Public funds _________
921,820.71
28,388.55
Deposits of b a n k s ___
Total dep. -$12,202,032.83
Other liabilities_______

Total




$13,514,931.17

400,000.00
400,000.00
341,308.44
107,895.09

Total

63,694.81
$13,514,931.17

Forty-Third, Report

63

JACKSONVILLE STATE BANK, JACKSONVILLE
Populaion 2,474.
Charered August 2, 1949.

Pulaski County

Telephone No. LI 4-2114.

Officers
Kenneth Pat Wilson________President
Austin Leeds__________ Vice President
and Cashier
Mrs. Joyce Hester____ Asst. Cashier
Mrs. Melda A. Rice___ Asst. Cashier

Transit Number 81-764

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

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts____$1,864,773.55
Capital s t o c k __________ $ 150,000.00
Overdrafts ___________
126.85
Surplus f u n d __________
100,000.00
U. S. Gov’t obligations_ 707,832.75 Undivided p r o fit s ______
87,360.77
Other bonds and
Reserves ______________
10,969.16
securities ----------------- 436,479.33 .Total capital
Furniture and fixtures_
20,499.36
accounts_$ 348,329.93
Banking house ________
39,054.60
Cash and due from banks 1,027,350.47 Demand d e p o s its ______ 2,490,400.53
Other resources________
1.00 Time d ep osits_________ 499,573.92
U. S. Gov’t deposits____ 613,089.93
114,434.07
Public funds __________
Total d ep ._ 3,717,498.45
Other liabilities ______
$4,096,117.91

Total

Total

30,289.53
$4,096,117.91

NEWTON COUNTY BANK, JASPER
Population 407.
Chartered March 24, 1903.

Newton County

Telephone Number 9.

Transit Number 81-371

Officers
L. W. Nance___ President & Cashier
Ford Young_________ Vice President
Alta Gorden_________ Vice President
& Asst. Cashier
Joe C. Nance__________Asst. Cashier

Directors
Alta Gorden
L. W. Nance
Jerry D. iNance
Ford Young
Joe Nance

STATEMENT OF
Resources
Loans and discounts____$ 283,670.43
Overdrafts ____________
2.36
U. S. Goy’t obligations_ 239,923.70
Other bonds and
securities____________
106,054.18
Furniture and fixtures__
3,742.95
Banking hou se_________
4,711.27
Other real e s ta te ______
1.00
Cash and due from banks 142,205.21

JUNE 29, 1957
Liabilities
Capital s t o c k __________ 5|
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 83,968.62

T o ta l_________________ $ 780,311.10



Demand d ep o sits______
Time d ep osits_________
U. S. Gov’t deposits____
Public funds __________
Total d ep ._$ 696,342.48

25.000. 00
25.000. 00
33,968.62

551,983.98
115,323.59
164.96
28,869.95

T o t a l_________________ $ 780,311.10

State of Arkansas: Bank Department

64

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

Craighead County

Telephone No. WE 2-6603.

Officers
M. L. McKinney___________ President
C. V. McKinney______Vice President
M. W. Griffin_______________ Cashier
Donald C. Jones_______Asst. Cashier

Transit Number 81-613

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

STATEMENT OF JUNE 29. 1957
Liabilities
Loans and discounts____$3,628,249.06
Capital s t o c k __________ $ 330,000.00
200,000.00
Overdrafts ____________
127.79 Surplus f u n d __________
U. S. Gov’t obligations __ 2,697,323.13 Undivided p r o fit s ______ 269,914.73
Total capital
Other bonds and
accounts_$ 799,914.73
securities____________ 2,331,948.23
Furniture and fixtures_
90,053.23
Cash and due from banks 2,028,249.24 Demand deposits ______ 4,344,089.14
Time d ep osits_________ 4,419,785.65
U. S. Gov’ t deposits____ 182,797.94
624,393.44
Public funds __________
Deposits of banks______ 404,969.78
Total d ep ._$9,976,035.95
R 6S0U FC 6S

T o ta l_______________ $10,775,950.68

Total

$10,775,950.68

FARMERS STATE BANK, JONESBORO
Population 16,310.
Chartered February 28, 1950.

Craighead County

Tel. No. WE 2-7409.

Transit Number 81-766

Officers
Herbert H. McAdams_____President
Fred Carter_________ Vice President
O’Dell A. Sanders__ Exec. Vice Pres.
& Cashier
Donald Timms_______ Vice President
L. D. Walker, Jr______ Asst. Cashier
Mrs. LaWanda Timms_Asst. Cashier

Directors
Dr. W. E. Berry
W. D. Robert, Jr.
Fred Carter
M. S. Rubenstein
L. A. Cato
O’Dell A. Sanders
W. 0. Doak
Donald Timms
Joe N. Martin
G. E. Wood
Herbert H. McAdams

STATEMENT OF
Resources
Loans and discounts___ $1,485,297.85
U. S. Gov’t obligations
697,492.25
Other bonds and
125,500.00
securities____________
Furniture and fixtures__
30,812.92
Banking h ou se_________
27,132.39
Cash and due from banks 503,480.57

JUNE 29, 1957
Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 306,537.26

125.000. 00
125.000. 00
51,925.29
4,611.97

Demand d e p o sits______ 983,776.41
Time d ep osits_________ 1,097,339.52
U. S. Gov’t deposits____
8,558.18
Public funds __________
373,504.61
Deposits of ban k s______ 100,000.00
Total dep.__$2,563,178.72
Total



$2,869,715.98

Total

$2,869,715.98

Forty-Third Report

65

MERCANTILE BANK, JONESBORO
Population 16,310. Craighead CountyChartered January 7, 1932. Telephone No. WE 5-5521. Transit Number 81-72
Officres
Directors
Charles Frierson__________ President Bryan Armstrong W. M. Freeze, Jr.
Charles Frierson
Nathan Deutsch_Exec. Vice President Joe C. Barrett
Edw. 0. Cherry
W. Gus Nash, Jr.
Woodrow Wilson____ Vice President
Nathan Deutsch
J. Paul Smith
R. W. Higginbotham_Vice President
Carey Smith________________ Cashier
Alberta Dickson________ Asst. Cashier
Louise Smith___________Asst. Cashier
Naomi Craft___________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $4,569,354.42
U. S. Gov’t obligations_ 1,923,514.31
Other bonds and
securities____________
938,953.71
Furniture and fixtures_
32,530.79
Banking house ________
32,000.00
Other real e s ta te ______
3,020.00
Cash and due from banks 1,425,277.21
Other resources _______
10,187.14

JUNE 29. 1957
Liabilities
Capital s o t c k __ — —‘
Surplus f u n d ___
Undivided profits _
Reserves _
Total capital
accounts-_$ 620,486.36

Total

Total

$8,934,837.58

200,000.00
200,000.00
217,186.36
3,300.00

4,113,137.30
Demand deposits
Time deposits_
_ _ 3,762,514.54
47,576.47
U. S. Gov’t deposits___
289,309.12
Public funds
Deposits of banks
101,813.79
Total dep. __$8,314,351.22
$8,934,837.58

FARMERS AND MERCHANTS BANK, JUDSONIA
Population 1,122. White County
Chartered May 29, 1913. Telephone No. RA 9-3329. Transit Number 81-549
Officers
Directors
A . J. Stephens___________ President J. Herbert Graves
C. I. Stevens
J. Herbert Graves___ Vice President John A. Henson
E. O. Yancey
C. I. Stevens________________ Cashier A. J. Stephens
Hetty Lou Hulsey_____Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 200,648.88
143.01
Overdrafts
U. S. Gov’t obligations_ 309,390.63
Other bonds and
107,895.00
securities _
4,000.00
Furniture and fixtures_
4,000.00
Banking house _
Cash and due from banks 131,821.97
1.00
Other resources

Total _



$ 757,900.49

JUNE 29, 1957
Liabilities
Capital s t o c k __
$
Surplus fund _____
Undivided profits
Total capital
accounts_$ 99,480.55

35,000.00
35,000.00
29,480.55

Demand deposits _
U. S. Gov’t deposits___
Public funds _
Total dep. __$ 658,419.94

603,597.30
5,656.37
49,166.27

Total

.. $ 757,900.49

State of Arkansas: Bank Department

66

UNION STATE BANK, JUNCTION CITY
Population 1,013.

Union County

Chartered August 28, 1933. Telephone No. WA 4-2731. Transit Number 81-232
Officers
I. A. Brinker______________President
O. H. Goodwin________Vice President
Ruthelle C. Lusby___________ Cashier
S. A. Brinker__________ Asst. Cashier

I. A. Brinker
A. A. Couch
0. H. Goodwin

Directors
Houston Hall
H. E. Kinard

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 153,769.49
U. S. Gov’t obligations_ 515,660.45
Other bonds and
47,288.29
securities
Furniture and fixtures_
1.00
Banking house
1,700.00
Other real estate
1.00
Cash and due from banks 257,137.28

Total

_$ 975,557.51

Liabilities
$
Capital s t o c k ___
Surplus fund
Undivided profits
Reserves _
Total capital
accounts_$ 127,910.23
Demand deposits
Time deposits
U. S. Gov’t deposits____
Public funds
Total d e p . 847,647.28
Total

_

25,000.00
75,000.00
24,060.23
3,850.00

538,320.66
242,015.83
5,594.40
61,716.39

$ 975,557.51

BANK OF KENSETT, KENSETT
Population 829.

White County

Chartered February 17, 1922. Telephone Number 191. Transit Number 81-649
Officers
President
A. P. Mills
John H. Johnston
Vice President
Mrs. Thelma Roth
_ ._ Cashier

Directors
John H. Johnston
A. P. Mills
J. W. Sloan

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $ 98,852.18
11.27
Overdrafts _
U. S. Gov’t obligations — 338,831.50
858.89
Furniture and fixtures—
1.00
Banking house _
Cash and due from banks 216,163.26
1.00
Other resources _

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 50,842.75
Demand deposits
Public funds
Total dep__ $ 603,745.34
Other liabilities _

Total

_

___




_$ 654,719.10

Total

_

25,000.00
5,000.00
20,842.75

593,445.83
10,299.51
131.01

_$ 654,719.10

Forty-Third Report

67

BANK OF KINGSTON, KINGSTON
Population 200.

Madison County

Chartered April 7, 1911.

Transit Number 81-467

Officers
A. B. Bunch_______________President
Tom Hargis__________Vice President
Wilson Bunch_______________ Cashier
Wm. B. Bunch_________ Asst. Cashier

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

STATEMENT OF
Resources
Loans and discounts___ $ 61,822.17
U. S. Gov’t obligations__ 116,784.75
Other bonds and
27,960.00
securities______
Furniture and fixtures__
476.00
Banking house ________
1.00
Other real e s ta te ______
3.00
Cash and due from banks
88,744.36

JUNE 29, 1957
Liabilities^
Capital stock
$
Surplus fund
Undivided profits
Reserves
Total capital
accounts_$ 34,738.60

Total _________________ $ 295,791.28

Demand deposits
Time deposits
Public funds
Total dep. __$ 261,052.68
Total

10,000.00
10,000.00
9,738.60
5,000.00

159,481.27
91,571.41
10,000.00

$ 295,791.28

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population 2,484.

Chicot County

Chartered October 14, 1937. Telephone No. AN 5-2241. Transit Number 81-598
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
STATEMENT OF
Resiurces
Loans and discounts___ $ 792,017.86
Overdrafts ____________
211.62
U. S. Gov’t obligations __ 698,364.00
Other bonds and
securities ___________
888,895.78
Furniture and fixtures_
7,000.00
Banking house ________
3,000.00
Cash and due from banks 564,241.85
Other resources________
1,488.17

Directors
Ben Angel
D. W. Brooks
J. H. Burge
E. T. Cashion

JUNE 29. 1957
Liabilities
Capital s t o c k __________ $ 100,000.00
Surplus fund __________
100,000.00
Undivided p r o fit s ______ 123,254.44
Reserves ________________
19,426.81
Total capital
accounts_$ 342,681.25
Demand deposits_______ 1,648,661.78
Time deposits _________ 618,621.59
U. S. Gov’t deposits___
15,994.13
Public funds __________
328,308.99
Total dep. __$2,611,586.49
Other liabilities

Total



$2,955,219.28

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

Total

951.54
.$2,955,219.28

68

State of Arkansas: Bank Department

CITIZENS BANK OF LAVACA, LAVACA
Population 373.
Chartered May 5, 1910.

Sebastian County

Telephone Number 2341.

Officers
W. D. West_______________ President
J. M. Llewellyn_____ Vice President
& Cashier
Mrs. J. M. Llewellyn_Asst. Cashier

Transit Number 81-378

Directors
W. J. Echols
J. M. Llewellyn

W. D. West

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 174,849.31
U. S. Gov’t obligations_ 159,571.75
Other bonds and
43,756.74
securities____________
Furniture and fixtures_
900.00
Banking house ________
1,800.00
Cash and due from banks 160,672.41

Total _________________ $ 541,550.21

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 57,013.87

15,000.00
20,000.00
22,013.87

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total d e p . $ 484,536.34

382,239.44
21,184.70
3,595.52
77,516.68

Total _________________ $ 541,550.21

LEACHVILLE STATE BANK, LEACHVILLE
Population 1,230.

Mississippi County

Chartered December 18, 1950. Telephone Number 82. Transit Number 81-769
Officers
J. Lee Bearden------------------ President
J. L. Swihart_________Vice President
Fred F. Alexander__________ Cashier
Edna L. Kennett______Asst. Cashier

J. Lee Bearden
Nelson Henry
T. N. Rodman

Directors
J. L. Swihart
Louis Weinberg

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $ 685,410.93
102.61
Overdrafts
49,601.56
U. S. Gov’t obligations __
11,668.08
Furniture and fixtures—
4,886.45
Banking house _
1.00
Other real estate
Cash and due from banks 245,687.44
861.31
Other resources

Total



$ 998,219.38

Liabilities
Capital stock _
_
_$
Surplus fund _
Undivided profits _ _ _
Total capital
accounts_$ 138,004.07

50,000.00
50,000.00
38,004.07

Demand deposits .
Time d ep osits___ _ _
U. S; Gov’t deposits___
Public f u n d s _
_
Total dep. „ $ 860,215.31

510,119.53
134,736.11
527.00
214,832.67

T o t a l _______

$ 998,219.38

Forty-Third Report

69

LITTLE RIVER BANK, LEPANTO
Population 1,683.

Poinsett County

Chartered November 21, 1919. Telephone Number 108. Transit Number 81-622
Officers
D. F. Portis_____________ President
B. H. Murphy_______ Vice President
J. C. Portis_________ Vice President
A. T. Bell__________________ Cashier
Will J. Riddick_______ Asst. Cashier
T. G. Thompson, Jr___ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 983,581.02
Overdrafts ____________
47.45
U. S. Gov’t obligations_ 423,744.38
Other bonds and
securities____________
322,267.50
Furniture and fixtures_
1.00
Cash and due from banks 383,620.21

Total -------------------------- $2,113,261.56

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

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

JUNE 29. 1957
Liabilities
Capital s t o c k --------------- $ 100,000.00
Surplus fund __________ 200,000.00
Undivided p r o fit s --------80,540.09
Reserves ______________
9,373.80
Total capital
accounts_$ 389,913.89
Demand deposits ______ 1,260,169.96
Time deposits ------------286,753.45
U. S. Gov’t deposits___
13,751.25
Public funds --------------162,673.01
Total dep. —$1,723,347.67
Total _________________ $2,113,261.56

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

Searcy County

Telephone Number 60.

Transit Number 81-761

Officers
President
Rex Killebrew
Arthur J. Siegel
__ Vice President
& Cashier

Directors
J. Virgil Blair
A. J. Siegel
Dr. Charles W. Cotton P. H. Thomas
Rex Killebrew

STATEMENT OF
Resources
Loans and discounts___ $ 311,227.24
U. S. Gov’t obligations — 287,513.07
Other bonds and
38,997.11
securities _ _
1,669.00
Furniture and fixtures_
Cash and due from banks 158,760.64

JUNE 29, 1957
Liabilities
Capital stock
_$
Surplus fund
Undivided profits
Total capital
accounts_$ 74,361.04

Total _



$ 798,167.06

Demand deposits
Time deposits
U. S. Gov’t deposits____
Public funds
Total dep__ $ 723,806.02
Total

25,000.00
25,000.00
24,361.04

362,227.81
302,187.29
20,000.00
39,390.92

_ $ 798,167.06

70

State of Arkansas: Bank Department

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts
U. S. Gov’t obligations_
Other bonds and
securities
Furniture and fixtures_
Banking house
Cash and due from banks
Other resources

Total

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 170,554.98

700,797.30
433.47
703,563.20
373,931.43
12,077.25
14,000.00
449,531.46
7,877.52

50,000.00
85,000.00
35,554.98

894,086.94
Demand deposits
1,029,986.24
Time deposits _
43,834.39
U. S. Gov’t deposits___
123,749.08
Public funds
Total dep. __$2,091,656.65

$2,262,211.63

$2,262,211.63

Total

BANK OF LINCOLN, LINCOLN
Population 771.

Washington County

Chartered March 19, 1903. Telephone Number 4-1191. Transit Number 81-384
Officers
______ President
W. T. Shannon.
-Vice President
J. A. English—
_______ Cashier
B. J. Basden__.
_Asst. Cashier
C. C. Karnes__.

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 29, 1957
Resources
Loans and discounts___ $ 538,501.15
Overdrafts ____________
1,369.69
U. S. Gov’t obligations_ 316,500.00
Other bonds and
securities____________
96,820.00
Furniture and fixtures_
1,500.00
Banking house ________________ 1.00
Cash and due from hanks 397,807.73

Total



$1,352,499.57

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 136,043.06
Demand deposits
Time deposits _
U. S. Gov’t deposits___
Public funds
Total dep. __$1,216,456.51
Total

25,000.00
50,000.00
61,043.06

900,954.03
271,191.28
5,371.03
38,940.17

$1,352,499.57

Forty-Third Report

71

BANK OF ARKANSAS, LITTLE ROCK
Population 102,213.

Pulaski County-

Chartered October 5, 1955. Telephone No. MO 6-5404. Transit Number 81-780
Officers
Dabbs Sullivan______ Chm. of Board
B. T. Harris______________ President
Marvin E. Phelps__Exec. Vice Pres.
Beloit Taylor________ Vice President
Harold E. Henson, Jr_______ Cashier

Directors
M. E. Phelps
E. L. Gaunt
Dabbs Sullivan
J. Herbert Graves
Beloit Taylor
B. T. Harris
W. H. Thompson
Worth James
Mrs. J. Y. Ledbetter M. D. Turnage
K. P. Wilson
E. L. McHaney
H. F. Minnis
E. L. Wright

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $1,516,670.84
U. S. Gov’t obligations_ 248,816.50
Other bonds and
securities____________
7,500.00
Furniture and fixtures_
22,959.32
Banking house ________
41,658.25
Cash and due from banks 1,120,233.14
Other resources________
2,151.95

Total

$2,959,990.00

Liabilities
Capital s t o c k __________ $ 200,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______
54,250.71
Total capital
accounts_$ 304,250.71
Demand deposits_______ 1,857,794.04
Time deposits _________ 447,282.13
U. S. Gov’t deposits___
38,830.29
Public fu n d s ___________
267,964.20
Deposits of ban k s______
43,868.63
Total dep. __$2,655,739.29
Total

$2,959,990.00

METROPOLITAN TRUST COMPANY, LITTLE ROCK
(Not engaged in commercial banking)
Population 102,213.

Pulaski County

Chartered June 5, 1925.

Telephone Number FR 4-17.44

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, Jr. Somers Matthews
Justin Matthews, III

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ !
Other bonds and
securities____________
Furniture and fixtures-_
Other real e s ta te ______
Cash and due from banks
Other resources _______
Total



70,900.20
7,473.07
1,089.77
140,056.99
9,623.64
167,879.57

.$ 397,023.24

Liabilities
Capital s t o c k __________ $ 176,700.00
Surplus f u n d __________
17,670.00
Undivided p r o fit s ______ 201,869.93
Total capital
accounts_$ 396,239.93
Other liabilities _______
Total

783.31
$ 397,023.24

72

State of Arkansas: Bank Department

PULASKI HEIGHTS BANK, LITTLE ROCK
Population 102,213.

Pulaski County

Chartered August 29, 1955. Telephone No. MO 3-6301. Transit Number 81-779
Officers
John J. Truemper, Sr_____ President
Leon P. Fields_______ Vice President
Robert S. Taylor____ Vice President
& Cashier

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

STATEMENT OF JUNE 29, 1957
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
Other resources _______

841,963.90
327,512.51
355,687.15
36,342.82
79,555.15
18,146.12
703,923.45
128.89

Total -------------------------- $2,363,259.99




Liabilities
Capital s t o c k __________ $ 200,000.00
Surplus f u n d __________
40,000.00
Undivided profits _____
59,066.79
Total capital
accounts_$ 299,066.79
Demand deposits_______ 1,169,087.77
Time deposits _________ 488,239.97
22,385.19
U. S. Gov’t deposits___
Public f u n d s __________
364,480.27
20,000.00
Deposits of ban k s______
Total dep._$2,064,193.20
Total _________________ $2,363,259.99

73

Forty-Third Report

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

Pulaski County

Telephone No. F R 4-4392.

Transit Number 81-7

Officers

Directors

James H. Penick__________ President
John G. Potts_________Vice President
G. A. Zimmerman___ Vice President
& Trust Officer
Booker Worthen______ Vice President
Dan M. Murphy_______Vice President
Edward M. Penick____Vice President
E. 0. Manees_________ Vice President
Gardner Lile_________ Vice President
R. B. Elwood________ Vice President
Melvin Lawson_______ Vice President
W. G. Cobb__________ Vice President
A. F. Williams________Trust Officer
M. S. Heim___ Asst. Vice President
Louis East____ Asst. Vice President
R. M. McCown_Asst. Vice President
C. L. Tarleton— Asst. Vice President
James Penick, Jr._Asst. Vice Pres.
Emmett L. Darr____________ Cashier
G. L. Alexander_______ Asst. Cashier
Alvin J. Reap, Jr---------Asst. Cashier
Frank J. Moser----------- Asst. Cashier
Simpson Milbourn_____ Asst. Cashier
Richard F. Gates--------- Asst. Cashier
Charles E. Wade----------Asst. Cashier
M. L. Hogan------------------------- Auditor

Wm. C. Allsopp Gus Ottenheimer
W. N. Brandon, Jr Edward M. Penick
Ted Cameron
James H. Penick
W. Robert Crow John G. Potts
Alfred Leymer
John A. Riggs, Jr.
Gardner Lile
Robert Roach
Frank Lyon
Frank M. Silverman
Guy Maris, Jr.
Theo C. Treadway
Dan M. Murphy Booker Worthen

STATEMENT OF JUNE 29, 1957
Resources

Loans and discounts__ $21,790,509.76
854.67
Overdrafts ___________
U. S. Gov’t obligations 19,560,255.54
Other bonds and
securities___________ 5,625,066.74
Furniture and fixtures
120,000.00
Banking house _______
400,000.00
Gash and due from banks 19,188,913.96
Other resources_______
89,431.81

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 _____
468,378.40
Reserves _____________
301,672.05
Total capital
accounts_$ 3,770,050.45
Demand deposits______ 30,069,959.24
Time deposits ________ 13,894,510.42
500,190.10
U. S. Gov’t deposits__
Public funds _________ 9,760,730.20
Deposits of b an k s_____ 8,468,594.23
Total dep. $62,693,984.19
Other liabilities _______

Total




$66,775,032.48

Total

310,997.84

$66,775,032.48

74

State of Arkansas: Bank Department

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

Sevier County

Telephone Number 78.

Officers
President
R, C. Norwood
Hugh Latimer
Vice President
. Cashier
Mrs. R. C. Norwood

Transit Number 81-385

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

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
_$ 25,000.00
Loans and discounts----- $ 156,903.46 Capital stock
28,000.00
U. S. Gov’t obligations_ 206,400.00 Surplus fund
16,676.04
Undivided profits
Other bonds and
23,063.40
70,365.94 Reserves _
securities__
1.00 Total capital
Furniture and fixtures_
accounts_$ 92,739.44
Banking house _
800.00
Cash and due from banks 160,858.59
Demand deposits
369,617.75
Time deposits
93,073.88
767.90
U. S. Gov’t deposits___
39,130.02
Public funds
Total dep. __$ 502,589.55
Total

$ 595,328.99

Total

_

$ 595,328.99

FIRST STATE BANK, LONOKE
Population 1,556.
Chartered March 19, 1935.

Lonoke County

Telephone No. OR 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
J. O. Bennett
M. E. Lyons
Wayne Bennett
Charles A. Miller
Neil Bennett
Guy E. Williams
W. H. Bransford

STATEMENT OF JUNE 29. 1957
Resources
Liabilities
Capital s t o c k __________ $ 50,000.00
Loans and discounts___ $1,111,431.98
60,000.00
248.90 Surplus f u n d __________
Overdrafts ____________
U. S. Gov’t obligations_ 635,082.81 Undivided p r o fit s ______ 167,666.01
Total capital
Other bonds and
accounts_$ 277,666.01
securities____________
395,202.54
Furniture and fixtures_
11,340.67
Banking house ________
1.00 Demand deposits_______ 1,772,262.35
Cash and due from banks 426,847.81 Time deposits _________
155,862.21
Other resources________
647.14 U. S. Gov’t deposits____
14,738.91
Public funds __________ 261,085.87
Total dep._$2,203,949.34
Bonds sold with
agreement to
repurchase __________
Total



$2,580,802.85

Total

99,187.50
$2,580,802.85

Forty-Third 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
R. S. Foster__________Vice President
W. N. Paschal________Vice President
W. K. Twitty_______________ Cashier
Dean Reagan__________Asst. Cashier

Directors
R. S. Foster
H. A. Reid
W. E. Fullenwider J. A. W. Souter
W. L. Jameson, Jr. W. K. Twitty
W. N. Paschal
R. S. Warnock, Jr.
Mrs. T. H. Reeves

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________$ 50,000.00
Loans and discounts------$ 374,003.67
U. S. Gov’t obligations_ 6,122,840.26 Surplus f u n d __________ 200,000.00
Undivided p r o fit s --------- 364,539.21
Other bonds and
18,603.99
securities____________
398,889.94 Reserves ______________
Total capital
Furniture and fixtures_____________ 18,710.00
accounts_$ 633,143.20
Banking house ________
28,254.00
Cash and due from banks 1,333,597.64
Demand deposits_______ 5,954,903.95
Time deposits _________ 1,507,940.78
U. S. Gov’t deposits___
25,619.84
Public fu n d s ___________
154,687.74
Total dep. —$7,643,152.31
Total _________________ $8,276,205.51




T ota l__________________ $8,276,295.51

76

State of Arkansas: Bank Department

BANK OF MALVERN, MALVERN
Population 8,072.
Chartered June 24, 1889.

Hot Spring County-

Telephone Number 2066.

Officers
J. Elmo Young__________ President
Jester Jones____Exec. Vice President
Glenville Rhodes___ Asst. Exec. Vice
President
Ray N. Boyle________ Vice President
Wm. H. Glover______ Vice President
Foy G. Ritchey______________ Cashier
Miss Hester H. Smith__ Asst. Cashier
Paul E. Bowdle________ Asst. Cashier
Edward L. Tull________ Asst. Cashier
John R. Thomason_____ Asst. Cashier

Transit Number 81-131

Directors
Mrs. Flora B. Adams Jester Jones
Ray N. Boyle
Charles S. Smith
Zerah T. Caldwell J. Elmo Young
Wm. H. Glover
Tom Ross Young

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $1,284,116.69
U. S. Gov’t obligations_ 1,952,000.00
Other bonds and
securities____________
512,536.23
Furniture and fixtures—
11,022.41
Banking house ________
2,500.00
Cash and due from banks 1,044,989.10
21,640.81
Other resources________

Total _________________ $4,828,805.24




Liabilities
Capital s t o c k __________ $ 100,000.00
Surplus f u n d __________
100,000.00
Undivided p r o fit s --------145,021.69
Reserves ______________
52,771.53
Total capital
accounts_$ 397,793.22
Demand deposits ______ 3,440,851.29
Time deposits _________
460,295.75
U. S. Gov’t deposits___
52,637.50
Public funds __________
424,038.14
Deposits of b an k s______
53,189.34
Total d ep ._$4,431,012.02
Total _________________ $4,828,805.24

Forty-Third Report

77

PEOPLES BANK, MAMMOTH SPRING
Population 870.
Chartered February 8, 1921.

Fulton County

Telephone Number 44.

Officers
Cloy JL Culver____________ President
M. H. Powell__________ Vice President
Lem W. Lewis______________ Cashier

Transit Number 81-645

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 190,418.98
140.26
Overdrafts _ __________
U. S. Gov’t obligations_ 558,531.50
106.00
Furniture and fixtu res_
Banking house _
1.00
Cash and due from banks 183,598.34

Liabilities
Capital Stock _
$
Surplus f u n d __ ___
Undivided profits
Total capital
accounts_$ 91,738.45
Demand d e p o s its _
Time deposits
U. S. Gov’t deposits___
Public funds _
Total dep.
$ 841,057.63

Total

$ 932,796.08

Total

_

25,000.00
25,000.00
41,738.45

724,033.60
79.325.00
2,953.02
34.746.01

$ 932,796.08

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

Mississippi County

Telephone Number 30.

Officers
____ President
E. C. Fleeman.
Vice President
H. D. Alston__
______ Cashier
Wm. G. F o x _Asst. Cashier
Patsy Jo Berg_

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 29, 1957
Resources
Loans and discounts----- $ 621,485.53
U. S. Gov’t obligations __
29,506.25
Other bonds and
securities ----------------51,500.00
Furniture and fixtures __
5,501.33,
Banking h ou se-------------5,574.90
Other real e s ta te --------3,000.00
‘Cash and due from banks 192,087.75

T otal



.$ 908,655.76

Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 172,755.61
Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep.
735,900.15
Total

75.000. 00
50.000.00
47,755.61

497,185.87
111,396.81
1,469.45
125,848.02

.$ 908,655.76

78

State of Arkansas: Bank Department

BANK OF MANSFIELD, MANSFIELD
Population 869. Sebastian County
Chartered February 16, 1939. Telephone Number 7. Transit Number 81-249
Officers
W. W. Holbrook___________President
Gilmer K. Dixon_____ Vice President
B. R. Holbrook______________ Cashier
Marie Kelley__________ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital stock
$ 30,000.00
Loans and discounts___ $ 251,071.99
60,000.00
Surplus fund
37.08
Overdrafts
34,414.79
U. S. Gov’t obligations __ 765,834.57 Undivided profits
40,164.61
Reserves
Other bonds and
247,104.60 Total capital
securities
accounts_$ 164,579.40
1,000.00
Furniture and fixtu res_
3,000.00
Banking house
851,240.47
Cash and due from banks 260,728.84 Demand deposits
Time deposits
348,116.57
U. S. Gov’t deposits___
4,475.67
Public funds
160,364.97
Total dep. —$1,364,197.68
T o ta l________________ $1,528,777.08

T o ta l________________ $1,528,777.08

FARMERS AND MERCHANTS BANK, MARIANNA
Population 4,530. Lee County
Chartered January 9, 1942. Telephone Number 585. Transit Number 81-744
Officers
Directors
H. L. Petty_______________ President E. D. Conner
W. V. Moye
W. V. Moye_________ Vice President Thos. H. Gist
H. L. Petty
Glenn U. Miller--------Vice President A. C. Mahan, Jr.
R. D. Smith, Jr.
W. R. Jones__ _Vice Pres. & Cashier Glenn U. Miller
H. B. White
Mrs. Nelle R. Stallings_Asst. Cashier John F. Miller
H. W. Wilson
Mrs. Margaret D. Harris_______Asst.
W. P. Mixon
Cashier
STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $1,124,331.71
Capital s t o c k __________ !j
75,000.00Surplus f u n d __________
Overdrafts ____________
9,179.25
100, 000.00
Undivided p r o fit s ______
U. S. Gov’t obligations_ 182,837.50
74,108.72
Reserves ______________
Other bonds and
25,994.10
securities____________
52,828.27 Total capital
accounts_$ 275,102.82
Furniture and fixtures __
12,733.60
Cash and due from banks 608,939.93
Demand deposits ______ 1,385,336.20
Other resources ______
4,463.43
Time deposits _________ 207,234.79
U. S. Gov’t deposits___
5,724.90
Public funds __________
121,914.98
Total dep. __$!,'720,210.87
T o t a l_________________ $1,995,313.69



T o t a l-------------------------- $1,995,313.69

Forty-Third Report

79

CITIZENS BANK, MARION
Population 883.

Crittenden County

Chartered March 15. 1938. Telephone No. PE 9-3232. Transit Number 81-742
Officers
J. F. Fogleman____________ President
A. J. Lumpkin_Vice Pres. & Cashier
Mary L. Hoskins______Asst. Cashier

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

STATEMENT OF JUNE 29. 1957
Resources
Liabilities
Capital stock _
i F 50,000..00
Loans and discounts___ $ 409,626.99
50,000.00
Overdrafts ____________
404.36 Surplus fund
U. S. Gov’t obligations_ 1,294,323.50 Undivided profits
71,310.79
Reserves
3,028.68
Other bonds and
securities____________
189,665.09 Total capital
accounts_$ 174,339.47
Furniture and fixtu res_
15,224.63
Banking h ou se_________
50,000.00
1,139,836.72
Other real e s ta te ______
1.00 Demand deposits
386,298.31
Cash and due from banks 426,425.79 Time deposits
U. S. Gov’t deposits___
1,399.61
Public funds _
683,797.25Total dep. —$2,211,331.89
Total

$2,385,671.36

Total

$2,385,671.36

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

Poinsett County

Telephone Number 60.

Transit Number 81-705

Officers
John Brunner_____________President
John Brunner, Jr___ Exec. Vice Pres.
Louis H. Goad______________ Cashier
Helen Stew art________Asst. Cashier

Directors
Sidney Arnold
Frank Brunner
John Brunner
L. V. Ritter
John Brunner, Jr.
Louis Ritter, Jr.

STATEMENT OF
Resources
Loans and discounts___ $ 581,523.68
Overdrafts ____________
225.37
U. S. Gov’t obligations_ 1,673,478.05
Other bonds and
35,000.00
securities______
Furniture and fixtu res_
12,027.59
Cash and due from banks 716,990.33

JUNE 29, 1957
Liabilities
Capital stock
$ 50,000.00
Surplus fund
100,000.00
Undivided profits
112,985.75
Reserves
_ _
10,509.96
Total capital
accounts_$ 273,495.71

Total



$3,019,245.02

Demand deposits
2,171,134.63
Time deposits _
_ _ 397,514.81
U. S. Gov’t deposits____
8,350.28
Public funds _
168,749.59
Total dep. —$2,745,749.31
Total

$3,019,245.02

80

State of Arkansas: Bank Department

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

Searcy County

Telephone Number 27.

Officers
Harold Allen_____________ President
Jimmie L. Falls.,____________Cashier
Wordna Allen_________Asst. Cashier

Transit Number 81-715
Directors

Harold Allen
J. C. Baker
M. F. Cash
Dewey Massey

Mary Massey
N. J. Henley

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts----- $ 599,260.42 Capital stock _
$ 25.000. 00
Surplus f u n d ______
Overdrafts ____________
32.51
75.000. 00
U. S. Gov’t obligations_ 496,984.38 Undivided p r o fit s ___
15,733.13
Total capital
Other bonds and
accounts_$ 115,733.13
securities______
326,547.53
Furniture and fixtu res_
4,529.88
Demand deposits
Banking h o u se ___
8,422.41
807,866.66
Cash and due from banks 170,773.84 Time d e p o sits___
624,992.59
Other resources__
683.64
Public f u n d s ___ _
58,642.23
Total dep. __$1,491,501.48
Total

$1,607,234.61

Total

$1,607,234.61

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 Pres.
& Cashier
Edmund Hirsch______ Vice President
F. H. Webster______ Vice President
Pauline H. Wilson------- Asst. Cashier

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

STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Capital s t o c k __________ $ 50,000.00
Loans and discounts----- $ 433,941.32
50,000.00
Overdrafts -----------------10.69 Surplus f u n d __________
44,224.00
U. S. Gov’t obligations_ 608,586.75 Undivided p r o fit s ______
Reserves _____:_________
50,000.00
Other bonds and
securities-----------------122,273.63 Total capital
accounts_$ 194,224.00
Furniture and fixtures —
1.00
Banking h ou se _________
1.00
Cash and due from banks 187,402.07 Demand deposits ______ 1,088,300.56
5,000.00
Other resources-----------327.00 Time deposits _________
U. S. Gov’t deposits____
15,225.18
Public funds __________
49,793.72
Total dep. __$1,158,319.46
Total



$1,352,543.46

Total

$1,352,543.46

Forty-Third Report

81

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

Woodruff County-

Telephone Number 3211.

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
Jean C. Beeson________ Asst. Cashier
James Taylor__________Asst. Cashier

Transit Number 81-261

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 926,779.85
Overdrafts ____________
2,436.73
U. S. Gov’t obligations_ 654,221.00
Other bonds and
securities______
692,828.02
Furniture and fixtu res_
13,582.06
Banking h ou se___
45,775.31
Cash and due from banks 619,937.42
Other resources__
2.00

T o ta l________________ $2,955,562.39




Liabilities

Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 234,334.13

75,000.00
75,000.00
81,921.59
2,412.54

Demand d e p o s its ___ __ 2,171,532.62
Time deposits _________ 407,242.83
U. S. Gov’t deposits___
7,976.02
Public funds __________
134,477.29
Total dep. —$2,721,228.26
T o ta l________________ $2,955,562.39

82

State of Arkansas: Bank Department

McGEHEE BANK, McGHEE
Population 3,854.

Desha County

Chartered December 5, 1933. Telephone No. CA 2-3151. Transit Number 81-585
Officers

R. G. Verser______Chm. of the Board
Sam Bowman_____________ President
J. W. Willoughby, Jr._Vice President
J. R. Rick__________________ Cashier
Mark E. Sherland, Jr._Asst. Vice Pres.
J. B. Morgan__________ Asst. Cashier

Directors
R. L. Beck
R. B. Stone
Sam Bowman R. G. Verser
J. T. Clower
J. W. Willoughby, Jr.
J. T. Griffith
D. C. Loyd
W. A. Smith

STATEMENT OF JUNE 29, 1957
Liabilities
Capital s t o c k __________ $ 200,000.00
Loans and discounts_$2,409,250.65
200,000.00
Overdrafts ____________
1,277.68 Surplus f u n d __________
U. S. Gov’t obligations_ 965,304.16 Undivided p r o fit s ______ 117,796.07
Reserves ______________
54,067.04
Other bonds and
Total capital
securities--------- 1,457,296.14
accounts_$ 571,863.11
Furniture and fixtu res_
10,681.25
Cash and due from banks 844,110.60
Demand deposits _______ 2,813,157.99
Other resources__
274.14
Time deposits _________ 1,773,325.28
U. S. Gov’t deposits------ 124,678.18
Public funds __________
393,896.82
Total d e p ._$5,105,058.27
Resources

11,273.24

Other liabilities________
Total

$5,688,194.62

Total

$5,688,194.62

BANK OF MELBOURNE, MELBOURNE
Population 568.
Chartered June 29, 1896.

Izard County

Telephone Number 17.

Officers

Directors

J. C. Miller-------------------------President
Tom Simpson------------ Vice President
A. J. Younger--------------------- Cashier
Opal Troxler__________ Asst. Cashier
STATEMENT
Resources

Loans and discounts----- $ 276,507.24
Overdrafts ____________
82.26
U. S. Gov’t obligations_ 395,050.00
Other bonds and
securities______
28,909.80
Furniture and fixtures —
1.00
Banking h o u se ----1.00
Cash and due from banks 192,276.73

Total



Transit Number 81-397

.$ 892,828.03

J. C. Miller
Tom Simpson

A. J. Younger

JUNE 29, 1957
Liabilities
Capital stock
_
$
Surplus fund
—
_
Undivided profits _
Reserves ____________ __
Total capital
accounts_$ 96,538.27
Demand deposits _ ____
U. S. Gov’t deposits____
Public funds ________ _
Total d e p ._$ 796,289.76
Total

25.000. 00
25.000.00
44,038.27
2,500.00

736,608.90
12,008.11
47,672.75

.$ 892,828.03

Forty-Third Report

83

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

Polk County

Telephone Number 88.

O fficers

Transit Number 81-98
Directors

W. J. Lauck______________ President
Bill Lauck Wood_____Vice President
W. L. Boyd___ Exec. Vice President
& Cashier
C. C. Crowell__________Asst. Cashier

W. L. Boyd
C. C. Crowell

W. J. Lauck
Bill Lauck Wood

STATEMENT OF JUNE 29, 1957
Resources

Liabilities

Loans and discounts____$ 816,088.62
U. S. Gov’t obligations_ 1,029,806.88
Other bonds and
securities____________
331,051.60
Furniture and fixtu res_
7,318.08
Banking h ou se_________
8,387.90
Cash and due from banks 526,629.63

Capital s t o c k __________ $ 75,000.00
Surplus f u n d --------------50,000.00
Undivided p r o fit s ______ 105,556.56
Total capital
accounts_$ 230,556.56

T ota l________________ $2,719,282.71

Demand deposits ______ 2,050,554.77
Time deposits _________ 187,289.17
8,719.44
U. S. Gov’t deposits____
Public funds __________
242,162.77
Total dep. __$2,488,726.15
T ota l________________ $2,719,282.71

MONETTE STATE BANK, MONETTE
Population 1,114.
Chartered December 29, 1936.

Craighead County

Telephone Number 50.

Officers

Transit Number 81-724
Directors

Claude Finch___ President & Cashier
Verlene Fullen_______ Asst. Cashier
Thurman Miller______ Asst. Cashier

Nathan Deutsch
Claude Finch

Charles Frierson

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Loans and discounts____$1,557,129.93 Capital s t o c k __________ $ 50,000.00
Surplus f u n d __________
50,000.00
U. S. Gov’t obligations_
39,804.69
Undivided p r o fit s ______ 132,322.56
Other bonds and
securities____________
100,855.90 Total capital
accounts_$ 232,322.56
10,909.13
Furniture and fixtu res_
Other real e s ta te __________________ 1.00
Cash and due from banks 479,553.24 Demand deposits ______ 1,546,028.04
Time deposits _________ 329,334.80
U. S. Gov’t deposits____
1,822.01
Public funds __________
78,746.48
Total d e p ._$1,955,931.33

Total



$2,188,253.89

Total

$2,188,253.89

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
Directors
Officers
James A. Ross
J. A. Baxter
J. D. McCloy______________ President
J. F. Brann
John B. Posey
M. L. Sigmon________Vice President
E. R. Lambert
Joe Shelton
Joe McCloy____Exec. Vice President
M. L. Sigmon
Mrs. Mabel C. Sherry------Cashier & J. D. McCloy
Virgil J. Trotter, Jr.
Joe McCloy
Trust Officer
Mrs. Hazel Dickinson_Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 60,000.00
Loans and discounts ____$ 632,687.41
100,000.00
Overdrafts ____________
646.34 Surplus f u n d __________
38,541.65
U. S. Gov’t obligations_ 521,600.00 Undivided p r o fit s ______
Reserves ______________
60,000.00
Other bonds and
securities____________
457,240.63 Total capital
accounts_$ 258,541.65
Furniture and fixtu res_
1,235.83
Banking h ou se _________
2,500.00
Cash and due from banks 355,678.71 Demand deposits ______ 1,420,523.25
75,614.86
Other resources________
2,253.81 Time deposits -------------U. S. Gov’t deposits____
17,421.58
Public funds __________
201,741.39
Total d e p ._$1,715,301.08
Total

$1,973,842.73

T o ta l________________ $1,973,842.73

UNION BANK AND TRUST COMPANY, MONTICELLO
Population 4,501. Drew County
Chartered September 15,1915. Telephone Number 610. Transit Number 81-156
Officers
Directors
Charles W. Daniel-------------President R. A. Adcock
Dr. J. P. Price
R. F. Trotter
Mrs. Virginia Pierce__Vice President Brown Calhoun
Floyd L. Lance--------------------- Cashier Geo. R. Campster Adrian Williamson
Jimmie L. Taylor______ Asst. Cashier Charles W. Daniel M. F. Wright
Mrs. Aileen Coston____ Asst. Cashier Zach McClendon
STATEMENT OF
Resources
Loans and discounts------$1,320,471.65
Overdrafts -----------------330.01
U. S. Gov’t obligations_ 471,132.00
Other bonds and
securities____________ 1,894,504.62
1.00
Furniture and fixtures —
1.00
Banking h o u se _________
Cash and due from banks 548,269.45
1,523.47
Other resources ------------

Total



$4,236,233.20

JUNE 29, 1957
Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts__$ 610,380.59

100, 000.00
100,000.00
137,101.49
273,279.10

Demand deposits ______ 2,928,766.74
Time deposits _________
304,650.32
U. S. Gov’t deposits___
76,556.01
Public funds __________
309,368.45
Deposits of ban k s______
6,511.09
Total dep. —$3,625,852.61
Total

.$4,236,233^20

Forty-Third Report

85

MORRILTON SECURITY BANK, MORRILTON
Population 5,483.
Chartered November 19, 1954.

Conway County

Telephone Number 34.

Officers
_____ President
Claude M. Farish.
Nathan Gordon__.
.Vice President
_______Cashier
Howard E. Jones.
James L. Martin.
_Asst. Cashier

Transit Number 81-777

Directors
Osco Coleman
Nathan Gordon
A. J. Meadors
W. G. Davis
Claude M. Farish
Felix Schlosser
Edward Gordon, Jr.
Mayo Gordon

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res__
Banking h ou se_________
Cash and due from banks

Total




605,172.99
345,737.51
178,612.00
22,848.64
7,134.91
441,220.92

.$1,600,726.97

Liabilities
Capital s t o c k --------------- $ 100,000.00
Surplus f u n d __________
35,000.00
Undivided p r o fit s ______
47,959.54
Total capital
accounts_$ 182,959.54
Demand deposits ______
Time deposits _________
U. S. Gov’t deposits____
Public funds __________
Deposits of ban k s______
Total dep. __$1,417,767.43
Total

943,930.16
332,347.50
10,572.95
92,616.82
38,300.00

.$1,600,726.97

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
Officers
Directors
R. H. Dickenhorst_- ______President
Cleo Cheek
S. E. McReynolds
S. E. McReynolds___ Exec. Vice Pres.
R. H. Dickenhorst L. T. Oates
L. T. Oates-----------------Vice President
W. E. Love
A. F. Williams
C. E. Linebarger------------------ Cashier
S. R. McKinley
H. J. Kordsmeier______ Asst. Cashier
S. W. Callihan_________ Asst. Cashier
Bill Davidson__________ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $1,628,880.04
Overdrafts ____________
83.23
U. S. Gov’t obligations __ 2,200,703.14
Other bonds and
securities____________
486,208.33
30,000.00
Banking h o u se _________
Other real e s ta te ______
1.00
Cash and due from banks 1,546,002.10

JUNE 29. 1957
Liabilities
Capital s t o c k __________ $ 150,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______ 189,533.83
Reserves ______________
71,199.73
Total capital
accounts_$ 560,733.56
Demand deposits ______ 4,176,485.09
Time deposits -------------- 982,218.26
U. S. Gov’t deposits____
34,968.05
Public funds __________
132,571.83
Deposits of ban k s______
937.65
Total dep. __$5,327,180.88
Other liabilities________

Total

$5,891,877.84

Total

3,963.40
$5,891,877.84

THE BANK OF MONTGOMERY COUNTY, MT. IDA
Population 566. Montgomery County
Chartered November 26, 1930. Telephone Number 149. Transit Number 81-404
Officers
Directors
R. A. Rice_________________ President J. A. Rice
Arthur Standridge
J. A. Rice____________ Vice President R. A. Rice
A. S. Hulsey________________ Cashier
Juanita Standridge----- Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
25.000. 00
Loans and discounts----- $ 445,085.35 Capital s t o c k __________ I
35.000.00
Overdrafts ____________
224.70 Surplus f u n d --------------38,308.53
U. S. Gov’t obligations_ 309,700.00 Undivided p r o fit s ______
7,379.54
Reserves ______________
Other bonds and
Total capital
securities______
13,197.82
accounts_$ 105,688.07
Furniture and fixtu res_
2,966.01
Banking h o u se ___
880.20
Other real e s ta t e ______
2,536.00 Demand deposits ______ 741,932.34
158,813.36
Cash and due from banks 304,359.31 Time d ep osits_________
U. S. Gov’t deposits____
4,416.67
Public funds __________
68,098.95
Total d e p ._$ 973,261.32
Total



$1,078,949.39

Total

$1,078,949.39

87

Forty-Third Report
THE PEOPLES BANK, MOUNTAIN HOME
Population 2,217.
Chartered August 10, 1906.

Baxter County

Telephone Number 6.

Transit Number 81-402

Officers
Directors
Powers L. Fowler------------- President Don J. Baker
Powers L. Fowler
Don J. Baker-----------Vice President Earle J. Bryant
J. Paul Morgan
Earle Bryant----------- Vice President Wylo Dyer
Neil Nelson
Wylo Dyer___________ Vice President
Neil Nelson_________________ Cashier
STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts---- .$1,186,108.13
101.35
Overdrafts ___________
U. S. Gov’t obligations __ 1,079,290.00
Other bonds and
securities___________ _ 278,330.31
10,556.94
Furniture and fixtures _
Banking house
1.00
Other real estate ____
1.00
Cash and due from banks 760,633.92

T o t a l ___

_____ .$3,315,022.65

Liabilities
Capital stock _ _ _ _$ 50,000.00
Surplus f u n d _______ __ 100,000.00
Undivided profits ______ 103,038.81
Reserves _ _________ _
12,502.83
Total capital
accounts_$ 265,541.64
Demand deposits ______ 2,700,108.50
Time deposits ______ _ 193,814.74
U. S. Gov’t deposits____
655.00
Public funds __________ 154,902.77
Total d e p ._$3,049,481.01
T ota l______________ __ $3,315,022.65

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

Stone County

Telephone Number 2271.

Officers
Hubert Hinkle..
_____President
.Vice President
H. S. Mabry, Jr..
& Cashier
..Asst. Cashier
Charles A. Lowe.
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 29, 1957
Resources
Loans and discounts___ $ 281,151.06
U. S. Gov’t obligations — 406,717.67
Other bonds and
securities____________
95,000.00
Furniture and fixtu res_
2,429.28
Banking h ou se_________
800.00
Cash and due from banks 229,429.52

Total



$1,015,527.53

Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 141,778.26
Demand deposits ______
Public funds __________
Total dep. _.$ 873,749.27
Total

25.000. 00
75.000.00
41,778.26

794,077.67
79,671.60

$1,015,527.53

88

State of Arkansas: Bank Department

BANK OF MULBERRY, MULBERRY
Population 952.
Chartered January 15, 1902.

Crawford County

Telephone Number 2591.

Officers
S. B. Stevinson____________ President
T. J. House_____Vice Pres. & Cashier
Mrs. T. J. House______Asst. Cashier
C. D. Chastain________Asst. Cashier

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

Transit Number 81-257
Directors
O. J. Kirksey
S. B. Stevinson

STATEMENT OF JUNE 29, 1957
Liabilities
Capital s t o c k __________ $
Surplus f u n d --------------Undivided p r o fit s ______
Total capital
accounts_$ 146,405.38

Resources
Loans and discounts----- $ 396,852.80
Overdrafts ____________
1,244.37
U. S. Gov’t obligations_ 298,600.00
Other bonds and
securities______
111,760.54
Furniture and fixtu res_
5,000.00
Banking h o u se ___
1.00
Cash and due from banks 292,908.30
757.86
Other resources__

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits____
Public funds __________
Total d e p ._$ 960,719.49

$1,1.07,124.87

Total

Total

25,000.00
35,000.00
86,405.38

885,587.93
7,815.31
7,052.87
60,263.38

$1,107,124.87

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

Pike County

Telephone No. 5-4261.

Officers
John Beavers_____________President
C. W. Darnall_______________ Cashier
Cleo Risner____________ Asst. Cashier

John Beavers
C. W. Damall
Glenn Hickey

Transit Number 81-405
Directors
Mabel B. Manville
Carle Robbins

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 743,663.33
Overdrafts ____________
231.12
U. S. Gov’t obligations_ 582,203.13
Other bonds and
securities______
208,245.13
Furniture and fixtu res_
3,000.00
Banking h o u se ___
3,000.00
Cash and due from banks 654,973.89
Other resources__
397.29

Total



$2,195,713.89

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ___ __
Total capital
accounts_$ 159,135.07

37,500.00
50,000.00
71,635.07

Demand deposits ______ 1,186,253.30
Time deposits _________
553,963.99
Public funds __________
296,361.53
Total d e p ._$2,036,578.82
Total

$2,195,713.89

Forty-Third Report

89

BANK OF NETTLETON, NETTLETON
Population 1,382
Chartered Feb. 13, 1904.

Craighead County

Telephone No. WE 2-2131.

Officers
L. D. Kiech---------------------- President
E. E. Hale________________ Cashier
R. E. Thomas________ Asst. Cashier

Transit Number 81-406

Directors
E. E. Hale
Veon C. Kiech
L. D. Kiech
Knight Laird
Maurice C. Kiech

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities ___________
Furniture and fixtures_
Banking house ________
Cash and due from banks

Total

739,675.54
7.60
610,687.50
110,341.00
4,400.00
14,100.00
271,891.56

$1,751,103.20

Liabilities
80,000.00
Capital stock ________ $
Surplus f u n d __________
110,000.00
78,060.46
Undivided p r o fit s ______
Total capital
accounts_$ 268,060.46
------------------Demand deposits ______ 1,231,574.19
Time d ep osits_________
144,941.53
U. S. Gov’t deposits____
2,629.35
81,487.45
Public funds __________
Deposits of ban k s______
22,410.22
Total dep.__$l,483,042.74
Total

$1,751,103.20

BANK OF NEWARK, NEWARK
Population 913

Independence County

Chartered October 10, 1944 Tel. Number PI 6-3221
Officers
W. J. Freeze----------------------- President
Stella Edwards________Vice President
J. L. Magness______________ Cashier
Houston House________Asst. Cashier

Transit Number 81-748

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$ 188,162.55
U. S. Gov’t obligations_ 342,000.00
Other bonds and
securities
39,399.83
Furniture and fixtures_
1,225.00
Cash and due from banks 131,745.25

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 82,642.49
Demand deposits
U. S. Gov’t deposits____
Public funds
Total dep__$ 619,890.14

Total

-

_




$ 702,532.63

Total

25,000.00
25,000.00
32,642.49

541,473.42
4,291.25
74,125.47

$ 702,532.63

90

State of Arkansas: Bank Department

BANK OF NEW EDINBURG, NEW EDINBURG
Population 500
Chartered August 22, 1904

Cleveland County-

Tel. Number 879-J2

Officers
E. T. Attwood____________ President
Ray A ttw ood ________Vice President
and Cashier
Geneva A ttw ood ______Asst. Cashier
STATEMENT OF
Resources
Loans and discounts____$ 92,575.64
U. S. Gov’t obligations_ 260,797.25
Other bonds and
24,949.21
securities
181.00
Furniture and fixtures_
Banking house
51.00
93,223.92
Cash and due from banks

Transit Number 81-408

E. T. Attwood
Ray Attwood

Directors
W. K. Parham

JUNE 29, 1957
Liabilities
Capital stock
$
Surplus fund
Undivided profits
Total capital
accounts_$ 47,133.96
Demand deposits
Time deposits
U. S. Gov’t deposits____
Public funds
Total dep__ $ 424,461.84

250,763.88
55,721.66
695.00
117,281.30

Other liabilities
Total

$ 471,778.02

Total

25,000.00
10,000.00
12,133.96

182.22
$ 471,778.02

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

Jackson County

Telephone Number 225

Officers
P. L. Copeland____________ President
L. H. Conditt___Exec. Vice President
R. W. Smith_________Vice President
Ellen Giles------------------ Asst. Cashier

R.
D.
P.
R.
P.

Transit Number 81-756

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

STATEMENT OF JUNE 29. 1957
Resources
Liabilities
Loans and discounts___ $1,724,563.49
Capital s t o c k __________ $ 115,000.00
U. S. Gov’t obligations_ 547,262.50 Surplus f u n d __________
140,000.00
Other bonds and
Undivided p r o fit s ______ 144,396.58
securities ___________
375,821.98 Reserves ______________
49,179.99
Furniture and fixtures_
14,040.85 Total capital
Cash and due from banks 1,083,988.23
accounts_$ 448,576.57
Other resources________
726.10
Demand deposits ______ 2,290,062.37
Time deposits _________
739,434.31
U. S. Gov’t deposits____
39,423.40
Public funds __________
63,871.79
Deposits of banks______ 165,003.46
Total dep.__$3,297,795.33
Other liabilities________
Total



$3,746,403.15

Total

31.25
$3,746,403.15

Forty-Third Report

91

JOHN MATTHEWS COMPANY, NORTH LITTLE ROCK
(Not engaged in commercial banking)
Population 44,097
Chartered February 16, 1955
Officers
John P. Matthews_________ President
J. Bryan Sims, Jr____Vice President
Arthur H. Thomas___ Vice President
Lucille Eggleston_________ Secretary
Madeline Clark______Asst, Secretary

Pulaski County
Telephone Number SK 3-3455
Directors
John P, Matthews
John P. Matthews, Jr,
Martha D. Matthews

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ !
Other bonds and
securities ___________
Furniture and fixtures_
Other real es ta te ______
Cash and due from banks
Other resources ________

208,656.65
5,652.15
5,424.99
9,504.34
3,735.08
143,341.30

Liabilities
Capital s t o c k __________
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 167,657.84

376,314.51

52,730.72
12,315.23
2,611.89

208,656.67

Other liabilities
Total

100,000.00

Total

376,314.51

THE TWIN CITY BANK, NORTH LITTLE ROCK
Population 44,097
Chartered March 21, 1935

Pulaski County

Tel. Number FR 5-5361

Officers
Henry O. Topf___________ President
R. J. Rice_____ Exec. Vice President
W. R. Rice___________ Vice President
J. Grayson Dickson_________Cashier
Ray O. Clifton_______ Asst. Cashier
C. H. Fuller__________ Asst. Cashier

Transit Number 81-54
Directors

R. J. Rice
W. R. Rice
Henry O. Topf

C. T. Wells
J. E. Wright

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$2,374,054.58
U. S. Gov’t obligations— 4,701,500.00
Other bonds and
securities :____________ 375,649.89
22,883.83
Furniture and fixtures_
Banking h ou se_________
25,500.00
Cash and due from banks 2,253,751.32
Other resources________
5,005.33

Liabilities
Capital s t o c k _________ $
Surplus fu n d ___________
Undivided p r o fit s ______
Total capital
accounts_$ 591,829.76

Demand d e p o s its ______ 6,025,606.75
Time d ep osits_________ 1,831,424.41
U. S. Gov’t deposits____
2,006.25
Public funds __________ 1,305,938.03
Total dep— $9,164,975.44
Other liabilities________

Total

________________ $9,758,344.95




300,000.00
150,000.00
141,829.76

Total

1,539.75

________________ $9,758,344.95

92

State of Arkansas: Bank Department

MISSISSIPPI COUNTY BANK, OSCEOLA
Population 5,006, Mississippi County
Chartered March 15, 1928. Telephone No. LO 3-4511. Transit Number 81-387
Officers
Directors
G. H. Florida----------- Chm. of Board
R. C. Branch
A. Liverant
H. F. Ohlendorf
C. B. Wood----------------------- President J. W. Farris
H. F. Ohlendorf------- Vice President
G. H. Florida
C. B. Wood
J. W. Farris_Exec. Vice President
& Cashier
C. L. Anderson, Jr___ Asst. Cashier
Mary E. Balloue______ Asst. Cashier
Loraine E. Owen_____ Asst. Cashier
Bill Landrum_________ Asst. Cashier
Nora Wise____________Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k --------------- $ 200,000.00
Loans and discounts_$3,537,856.19
200,000.00
Overdrafts ____________
532.22 Surplus f u n d --------------U. S. Gov’t obligations_
57,425.00 Undivided p r o fit s --------- 195,327.06
Total capital
Other bonds and
accounts_$ 595,327.06
securities______
205,089.41
Furniture and fixtu res_
9,000.00
Demand deposits --------- 2,986,731.24
Banking h ou se ___
1.00
Cash and due from banks 1,250,254.29 Time deposits -------------- 1,003,909.00
U. S. Gov’t deposits___
32,072.71
Other resources__
2,520.50
Public funds __________
444,638.60
Total d e p ._$4,467,351.55
Total

$5,062,678.61

T o ta l________________ $5,062,678.61

THE PLANTERS BANK, OSCEOLA
Population 5,006. Mississippi County
Chartered April 13, 1944. Telephone No. LO 3-2666. Transit Number 81-745
Officers
Directors
L. C. B. Young------------------ President J. T. Cromer
Nathan Weinberg
C. E. Dean_____Vice Pres. & Cashier C. E. Dean
L. C. B. Young
J. F. Herndon_________Asst. Cashier
STATEMENT OF JUNE 29. 1957
Liabilities
Resources
Loans and discounts____$1,690,307.55 Capital s t o c k __________ $ 75,000.00
Surplus f u n d _______
200,000.00
U. S. Gov’t obligations_ 945,320.63
Undivided p r o fit s ______
80,298.11
Other bonds and
21,333.60
securities____________
455,055.43 Reserves ______________
6,000.00 Total capital
Furniture and fixtu res_
accounts_$ 376,631.71
Banking h ou se_________
1.00
Other real e s ta te __________________ 8,700.00
.Cash and due from banks 802,899.25 Demand deposits ______ 1,986,660.37
Time deposits __________ 1,144,738.54
U. S. Gov’t deposits____
21,919.24
Public funds __________
378,334.00
Total dep. —$3,531,652.15
Total



$3,908,283.86

Total

$3,908,283.86

Forty-Third R&port

93

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

Franklin County

Telephone No. MO 7-5421.

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

Transit Number 81-727

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$ 298,296.04
Overdrafts ____________
1,013.74
U. S. Gov’t obligations_ 1,437,687.53
Furniture and fixtu res_
10,000.00
Banking h ou se_________
12,500.00
Cash and due from banks 303,223.74

Liabilities
Capital stock _ ______ $
Surplus fund
__ _
Undivided profits _ _
Total capital
accounts_$ 143,451.78

50,000.00
75,000.00
18,451.78

Demand d e p o s its _
1,806,150.63
Public f u n d s _
_____ 103,118.64
Deposits of b a n k s ___
10,000.00
Total dep. „$1,919,269.27
T ota l________________ $2,062,721.05

Total

$2,062,721.05

THE SECURITY BANK AND TRUST COMPANY, PARAGOULD
Population 9,668.
•Chartered February 5,1931.

Greene County

Telephone No. CE 2-7782.

Officers
Jas. W. Alexander________President
E. R. Browning_Vice Pres. & Cashier
S. P. McHaney________ Vice President
Alary Bynum_________ Asst. Cashier
Reba Neely___________ Asst. Cashier
Scott Noel____________Asst. Cashier

Transit Number 81-82

Directors
J. W. Alexander S. P. McHaney
E. R. Browning Earle D. McKelvey
Earl Gramling L. G. Staub
J. A. Hancock
Ike Willcockson
R. V. McCoy

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $1,576,222.60
-Overdrafts ____________
28.93
U. S. Gov’t obligations_1,101,812.50
Other bonds and
securities____________
455,357.95
Furniture and fixtu res_
4,940.69
Banking h ou se_________
6,500.00
■Cash and due from banks 957,149.36

Liabilities
Capital s t o c k __________ $ 100,000.00
100,000.00
Surplus f u n d __________
Undivided p r o fit s ______ 160,495.32
Reserves ______________
75,000.00
Total capital
accounts_$ 435,495.32
Demand deposits ______ 2,134,025.84
Time deposits _________ 1,335,322.96
U. S. Gov’t deposits___
21,591.95
Public funds --------------172,671.30
Total dep. —$3,663,612.05
Other liabilities________

T o t a l_________________ $4,102,012.03



2,904.66

T o t a l-------------------------- $4,102,012.03

94

State of Arkansas: Bank Department

BANK OP 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

J. H. Caldwell
J. P. Caldwell

Directors
J. A. Williams

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $ 205,634.36
32.57
Overdrafts __________
U. S. Gov’t obligations — 444,957.25
1,522.40
Furniture and fixtures —
Cash and due from banks 103,393.92

Liabilities
Captal stock _______ _ $
Surplus fund _ —
Undivided p r o fit s ____
Reserves _ ------------Total capital
accounts_$ 108,028.97

573,142.11
38,068.52
4,519.20
31,781.70

Demand deposits
Time d e p o s its ____
U. S. Gov’t deposits-----Public funds
Total dep.
647^511.53
Total -

755,540.50

30.000. 00
20.000. 00
56,028.97
2,000.00

Total

755,540.50

FIRST STATE BANK, PARKIN
Population 1,414.
Chartered June 5, 1925.

Cross County

Telephone Number 5-5401.

Officers
H. L. Coldren_____________President
Mrs. G. D. Carter__ Exec. Vice Pres.
F. E. Brenner________Vice President
S. N. Green_________________ Cashier
A1 Jean Crook_________Asst. Cashier

Transit Number 81-676

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

Coldren
Coldren, JrGreen
Thomas

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 834,238.90
11.34
Overdrafts ____________
U. S. Gov’t obligations_ 154,000.00
Other bonds and
securities____________
72,357.81
Furniture and fixtures —
9,774.00
Banking h o u se _________
27,864.00
Cash and due from banks 294,259.25
Other resources________
263.10

Total



$1,392,768.40

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts-_$ 169,287.55

50,000.00'
50,000.00*
69,287.55-

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits____
Pubic funds __________
Total dep. —$1,205,637.67

890,690.58
244,855.337,795.67
62,296.09

Other liabilities________

17,843.18:

Total

$1,392,768.40*

Forty-Third Report

95

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

Benton County

Telephone No. GL 1-2175.

Transit Number 81-468

Officers

Directors

W. T. Patterson__________ President
Hugh H. Webb_Vice Pres. & Cashier
Alvin Armstrong______Asst. Cashier

W. T. Patterson
Hugh H. Webb

Nell I. Webb

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 209,996.17
____
Overdrafts ____
630.63
U. S. Gov’t obligations_
50,000.00
Furniture and fixtures_
1,000.00
Banking house _
200.00
Cash and due from banks
93,373.33

Liabilities
Capital stock
___ $
Surplus fund
_ —
Undivided profits _ — _
Total capital
accounts_$ 61,728.59
Demand deposits
___
Time deposits
Public funds _ _
___
Total d e p ._$ 293,471.54

Total

------- $ 355,200.13

—

Total

___

25,000.00
25,000.00
11,728.59'

230,770.20
40,684.08
22,017.26

_$ 355,200.13

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

Perry County

Telephone Number 24.

Transit Number 81-752

Officers

Directors

J. D. Farish______________ President
Joseph B. Lipsmeyer Vice President
H. E. VanDalsem___________ Cashier
J. H. Moore__________Asst. Cashier

J. D. Farish
H. E. VanDalsem
Mildred Farish
M. J. VanDalsem
Joseph B. Lispmeyer

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$ 264,154.63
U. S. Gov’t obligations_ 191,000.00
Other bonds and
3,132.25
securities___ _______
Furniture and fixtu res_
3,230.34
Banking h ou se________
10,933.45
Cash and due from banks 294,861.37

Total

--------




— $ 767,312.04

Liabilities
Capital stock —
_ $
Surplus ufnd
_
—
Undivided profits
____
Total capital
accounts_$ 66,823.08

25,000.00
25,000.00
16.823.08

Demand deposits ______
Time d e p o sits________
U. S. Gov’t deposits____
Public f u n d s _
_____
Total d e p ._$ 691,009.80

571,386.03
1,500.00
1,091.82
117,031.95

Other liabilities________

9,479.16

Total

_____________ $ 767,312.04

96

State of Arkansas: Bank Department

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

Clay County

Telephone Number 71.

Transit Number 81-698

Officers
T. W. Leggett----------------- President
H. C. Robbins------------- Vice President
T. W. Leggett, Jr-------------- Cashier
J. W. Harris__________ Asst. Cashier

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

STATEMENT OF
Resources
Loans and discounts___ $ 566,248.10
U. S. Gov’t obligatons_ 1,124,234.38
Other bonds and
securities____________
302,653.11
Furniture and fixtu res_
1.00
Banking h o u se _________
6,000.00
Cash and due from banks 334,803.62
Other resources________
.83

JUNE 29, 1957
Liabilities
Capital s t o c k __________ !
Surplus f u n d __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts—$ 322,219.51

Total

$2,333,941.04

100,000.00
100,000.00

47,219.51
75,000.00

Demand deposits ______ 1,608,654.57
159,424,84
Time deposits _________
U. S. Gov’t deposits___
2,090.00
221,552.12
Public funds __________
Deposits of ban k s______
20 ,000.00
Total dep. __$2,Oil,721.53
Total

$2,333,941.04

FIRST STATE BANK, PLAINVIEW
Population 637.

Yell County

Chartered January 12, 1934. Telephone
Officers
M. A. VanDover_________ President
Donald Barger________Vice President
Winfred Hopper____________ Cashier
James A. Spencer______Asst. Cashier

Number 051.

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

STATEMENT OF
Resources
Loans and discounts------$ 303,385.81
6,069.60
Overdrafts ____________
U. S. Gov’t obligations_ 535,831.88
Other bonds and
156,553.99
securities____________
Furniture and fixtures —
1.00
Banking h o u se _________
1.00
Other real e s ta te --------1.00
Cash and due from banks 300,378.22

JUNE 29, 1957
Liabilities
Capital s t o c k __________ $ 40,000.00
40,000.00
Surplus f u n d __________
Undivided p r o fit s ______ 105,790.00
Reserves ---------------------15,000.00
Total capital
accounts_$ 200,790.06

Total



$1,302,222.50

Demand deposits ______
Time deposits -------------U. S. Gov’t deposits____
Public funds --------------Total dep. —$1,101,432.44
Total

896,585.51
67,587.91
1,577.37
135,681.65

$1,302,222.50

Forty-Third Report

97

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

Randolph County-

Tel. No. TW 2-5286.

Officers
Dr. J. W. Brown__________ President
Harry A. Belford___ Exec. Vice Pres.
Joe T. Wilson_______________ Cashier
G. B. Johnson_________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 29, 1957
Resources
Loans and discounts____$1,260,046.75
Overdrafts ____________
26.60
U. S. Gov’t obligations_ 1,025,600.00
Other bonds and
securities__ =.________
303,325.65
Furniture and fixtu res_
5,143.10
Cash and due from banks 680,858.99

T o ta l________________ $3,275,001.09

Liabilities
Capital s t o c k __________ $ 87,500.00
87,500.00
Surplus f u n d __________
Undivided p r o fits ______ 115,457.19
Reserves ______________
5,231.29
Total capital
accounts_$ 295,688.48
Demand deposits ______ 2,242,641.83
Time deposits _________
588,148.86
U. S. Gov’t deposits___
14,883.31
Public funds __________
131,343.46
Deposits of b a n k s______
2,295.15
Total dep. __$2,979,312.61
T otal________________ $3,275,001.09

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

Ashley County

Telephone Number 2361.

Officers
President
Gus Pugh
R. B. Newcome _
Vice President
Cashier
C. E. Larrison
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 29, 1957
Resources
Loans and discounts----- $
U. S. Gov’t obligations_
Other bonds and
securities
Furniture and fixtu res_
Banking house
Other real estate _ _
Cash and due from banks
Other resources

Total



507,624.38
725,380.44
223,052.58
6,011.59
991.56
1.00
228,417.83
325.63

$1,691,805.01

Liabilities
Capital s t o c k _
$ 20,000.00
100,000.00
Surplus fund _
165,471.32
Undivided profits _
Total capital
accounts_$ 285,471.32
Demand deposits _
1,185,635.48
192,784.70
Time deposits
27,913.51
Public funds
Total dep. __$1,406,333.69
Total

$1,691,805.01

State of Arkansas: Bank Department

98

THE PEOPLES BANK, PORTLAND
Population 517.
Chartered January 22, 1908.

Ashley County

Telephone Number 2961.

Officers
Victor Edwards____________ President
Mrs. Mary Dean Pugh_Viee President
J. M. Tharp________________ Cashier
Mrs. Mildred Pamplin_Asst. Cashier

Transit Number 81-248

Directors
Geo. M. Brown Leroy Naff
Viet. Edwards Mrs. Mary Dean Pugh
Ed. Gregory
Craig Shackleford

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 339,832.81
65.29
Overdrafts
U. S. Gov’t obligations_ 387,998.25
Other bonds and
28,200.63
securities
1,062.23
Furniture and fixtures —
Cash and due from banks 164,050.83
1.00
Other resources

Total

$ 921,211.04

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Reserves
Total capital
accounts_$ 133,067.95
Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 788,143.09
Total

25,000.00
50,000.00
53,067.95
5,000.00

618,530.89
119,202.73
10,104.16
40,305.31

$ 921,211.04

CITIZENS BANK, POTTSVILLE
Population 224.
Chartered August 13, 1913.

Pope County

Telephone Number 2431.

Officers
.President
Morton Rankin
Kenneth E. Owens___ Vice President
_ Cashier
G. C. Owens __

Transit Number 81-551

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $ 139,609.15
.41
Overdrafts
82,500.00
U. S. Gov’t obligations —
Other bonds and
10,000.00
securities
381.00
Furniture and fixtures—
1.00
Banking house
_ _
60,836.03
Cash and due from banks
25.00
Other resources

Total

_




_

$ 293,352.59

Liabilities
Capital stock
_$
Surplus fund
Undivided profits
Total capital
accounts_$ 44,996.39

25,000.00
5,000.00
14,996.39

Demand deposits
U. S. Gov’t deposits___
Public funds
Total d e p . 248,356.20

203,825.31
5.409.86
39,121.03

Total

_

_ $ 293,352.59

Forty-Third Report

99

THE FARMERS AND MERCHANTS BANK, PRA IR IE GROVE
Population 939. Washington County
Chartered August 29, 1904.
Tel. No. VI 6-1421.
Transit Number 81-256

Officers
D. E. Rieff_______________ President
W. H. Bartholomew Vice President
W. H. Thompson_______,____ Cashier
Lorene Jones__________Asst. Cashier
LaVonne Phillips______Asst. Cashier
Mildred Broyles_______ Asst. Cashier

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

STATEMENT OF
Resources
Loans and discounts___ $ 846,299.63
Overdrafts ____________
148.26
U. S. Gov’t obligations_ 358,578.00
Other bonds and
securities____________
336,374.36
Furniture and fixtures_
1.00
Banking house ________
1,000.00
Cash and due from banks 413,764.75
Other resources _______
583.69

JUNE 29, 1957
Liabilities
Capital s t o c k __________ $ 30,000.00
Surplus fund --------------60,000.00
Undivided p r o fit s ______ 129,606.34
Total capital
accounts_$ 219,606.34

Total

$1,956,749.69

Demand deposits_______ 1,107,580.82
Time deposits _________
566,576.78
U. S. Gov’t deposits___
5,474.53
Public fu n d s ___________
57,511.22
Total dep. __$1,737,143.35
Total

$1,956,749.69

BANK OF PRESCOTT, PRESCOTT
Population 3,960. Nevada County
Chartered August 10, 1904. Telephone Number 206. Transit Number 81-140
Officers
Directors
Olen Hendrix______________President T. M. Bemis
Dr. A. W. Hudson
W. R. Hambright_Exec. Vice Pres.
W. R. Hambright Guss McCaskill
Wren Scott__________ Vice President Olen Hendrix
Wren Scott
Dr. J. B. Hesterly____ Vice President Dr. J. B. Hesterly
J. A. Yancey_______________ Cashier
M. D. Tippitt_________Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $1,162,773.48
166.70
Overdrafts
U. S. Gov’t obligations_ 1,452,229.42
Other bonds and
933,721.87
securities
11,800.00
Furniture and fixtures_
4,500.00
Banking house
Cash and due from banks 887,682.93
4,060.21
Other resources

Total



$4,456,934.61

JUNE 29, 1957
Liabilities
Capital stock
$ 150,000.00
150,000.00
Surplus fund _
92,709.26
Undivided profits
3,019.55
Reserves
Total capital
accounts_$ 395,728.81
2,973,461.07
Demand deposits
317,591.82
Time deposits
142,153.02
U. S. Gov’t deposits___
605,797.05
Public funds
22,202.84
Deposits of ban k s______
Total dep._$4,061,205.80
Total

$4,456,934.61

State of Arkansas: Bank Department

100

BANK OF QUITMAN, QUITMAN
Population 345. Cleburne CountyChartered August 15, 1903. Telephone Number 2401. Transit Number 81-424
Officers
Directors
Ben F. Clark
President J. A. Bailey
W. H. McNair
W. H. McNair
Vice President Ben F. Clark
n . :H. Tarver
_ Cashier Edith Ellis
N. H. Tarver
Edith Ellis
Asst. Cashier
STATEMENT OF
Resources
Loans and discounts----- $ 249,093.92
120.85
Overdrafts
U. S. Gov’t obligations_ 425,000.00
Other bonds and
110,323.70
securities
100.00
Furniture and fixtures—
1.00
Banking house
Cash and due from banks 182,183.80

Total

_

$ 966,823.27

JUNE 29, 1957
Liabilities
------ $
Capital stock
Surplus fund
Undivided profits
Total capital
accounts_$ 110,703.61
Demand deposits
Time deposits
U. S. Gov’t deposits ___
Public funds _
Total dep._$ 856,119.66
Total

25,000.00
25,000.00
60,703.61

647,358.96
172,005.37
394.00
36,361.33

------ $ 966,823.27

THE BANK OF RECTOR. RECTOR
Population 1,855. Clay County
Chartered November 15, 1930. Telephone Number 3491. Transit Number 81-173
Officers
Directors
J. C. Hardin______________ President J. C. Hardin
J. A. Marlar
E. M. Purcell
J. A. Marlar___ Exec. Vice President T. C. Justus
E. M. Purcell________Vice President
Mary Lee Hill_Asst. Vice President
' & Cashier
Berna Nell Gogue____ Asst. Cashier
Mary Wagner________ Asst. Cashier
R. D. Cranford_______ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k --------------- $ 50,000.00
Loans and discounts____$1,234,211.19
Surplus fund ___________
100,000.00
875.69
Overdrafts ____________
Undivided p r o fit s ______
28,209.57
U. S. Gov’t obligations_____________ 80,000.00
Reserves _______________
120,000.00
Other bonds and
securities____________
563,554.97 Total capital
accounts_$ 298,209.57
Furniture and fixtures_____________ 18,403.26
Cash and due from banks 520,695.19
Demand deposits_______ 1,385,059.40
Time deposits _________ 496,442.51
U. S. Gov’t deposits___
22,480.87
Public fu n d s ___________
190,547.95
Deposits of ban k s______
25,000.00
Total dep. __$2,119,530.73
Total



$2,417,740.30

Total „__________________ $2,417,740.30

Forty-Third Report

101

FARMERS AND MERCHANTS BANK, REYNO
Population 292.

Randolph County

Chartered December 8, 1911. Telephone No. TW 2-3511. Transit Number 81-427
Officers
F. E. Belford____________ President
Glenn Brown__ Exec. Vice President
& Cashier
Freda M. Brown______Vice President
Otistean Ahrent______ Asst. Cashier
Muriel Stafford______ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 275,913.63
O v e rd ra fts___________
153.28
U. S. Gov’t obligations_ 314,956.25
Furniture and fixtures_
5,230.00
Banking house ________
300.00
Cash and due from banks 179,450.41
Other resources________
990.00

Total

._$ 776,993.57

Liabilities
Capital stock
$
Surplus fund
Undivided profits
Reserves _
Total capital
accounts_$ 68,754.90

25,000.00
5,000.00
13,754.90
25,000.00

Demand deposits
U. S. Gov’t deposits___
Public funds
Total dep__ $ 708,238.67

600,184.01
2,814.26
105,240.40

Total

776,993.57

THE BANK OF RISON, RISON
Population 953.
Chartered March 7, 1932.

Cleveland County

Telephone Number 48.

Officers
Leon Moore______________ President
J. E. Goggans_______ Vice President
Herman Davidson____ Vice President
Mrs. Hazel Smith___________ Cashier
Mrs. May Dell Morrison_Asst. Cashier

Transit Number 81-428

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 312,505.50
U. S. Gov’t obligations_ 511,906.25
Other bonds and
securities____________
25,671.05
Furniture and fixtures_
1,795.00
Banking house ________
5,110.00
Other real e s ta te ______
8.00
Cash and due from banks 180,002.82
Other resources________
801.00

Total



$1,037,799.62

Liabilities
Capital stock
_$ 25,000.00
25,000.00
Surplus fund
119,992.63
Undivided profits
16,889.66
Reserves
Total capital
accounts_$ 186,882.29
Demand deposits
Time deposits
Public funds
Total dep. __$ 850,917.33
Total

531,689.89
234,998.69
84,228.75

$1,037,799.62

102

State of Arkansas: Bank Department

FARMERS AND MERCHANTS BANK, ROGERS
Population 4,962.
Chartered March 13, 1956.

Benton County-

Telephone Number 387.

Officers
C. L. Garrett_____________ President
Dorman F. Bushong_____ Exec. Vice
President
Walter S. Talbutt___________ Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 498,400.60
Overdrafts ____________
8.23
U. S. Gov’t obligations_ 547,300.44
Other bonds and
securities____________
18,000.00
Furniture and fixtures_
19,992.51
Banking house ________
11,400.89
Cash and due from banks 403,141.04

Total ___________ ______$1,498,243.71

Transit Number 81-782
Directors

H. S. Chandler
C. L. Garrett
Vance Hill
James L. Pickens

John A. Rife
Carl Shores
F. A. Teague

JUNE 29. 1957
Liabilities
Capital s t o c k __________ $ 100,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______
41,704.66
Total capital
accounts_$ 191,704.66
Demand deposits ______ 1,114,345.73
Time deposits _________
97,001.69
U. S. Gov’t deposits___
37,815.39
Public fu n d s ___________
57,376.24
Total dep._$1,306,539.05
Total _________________ $1,498,243.71

PEOPLES EXCHANGE BANK, RUSSELLVILLE
Population 8,166.
Chartered March 24, 1890.

Pope County

Telephone Number 12.

Officers
Donald Barger____________President
C. E. Lemley_________Vice President
John T. Little_______________ Cashier
Bert M. Mullens_______ Asst. Cashier
Hazel G. Little________ Asst. Cashier
Charles F. Howell_____ Asst. Cashier

Transit Number 81-118

Directors
Donald Barger
Chas. M. Howell
Lee Cheek
Ike A. Laws
Hence J. Priddy
G. M. Cook
J. Madison White
A. M. Embry
Dr. L. Gardner

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 100,000.00
Loans and discounts____$1,958,367.43
Surplus f u n d __________ <50,00.0.00
U. S. Gov’t obligations__ 11,503,114.13
Undivided p r o fit s ______ 359,849.68
Other bonds and
securities____________
894,772.72 Total capital
accounts_$ 509,849.68
Furniture and fixtures______________25.569.50
Banking house ________
16,000.00
Cash and due from banks 1,555,778.02 Demand deposits_______ 3,302,587.23
Time deposits _________ 1,876,820.52
U. S. Gov’t deposits___
43,598.35
Public funds __________
148,662.41
Deposits of ban k s______
72,083.61
Total dep. _.$5,443,752.12
Total



$5,953,601.80

Total

$5,953,601.80

103

Forty-Third Report

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
Robert H. Parker
M. J. Hickey
Floyd Ragsdale
George H. Neal
C. M. Richmond
George S. Neal

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $1,898,072.24
U. S. Gov’t obligations_ 1,346,904.50
Other bonds and
securities____________
716,344.13
Furniture and fixtures_
12,037.52
Banking house ________
25,000.00
Other real e s ta te ______
3,000.00
Cash and due from banks 1,490,389.46
Other resources ________
656.62

Total _________________ $5,492,404.47

Liabilities
Capital s t o c k __________ $ 100.000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______ 423,601.83
Total capital
accounts_$ 573,601.83
Demand deposits _______ 2,711,117.51
Time deposits _________ 2,046,643.68
U. S. Gov’t deposits___
32,961.58
Public funds __________
127,040.22
Deposits of ban k s______
1,039.65
Total dep__ $4,918,802.64
T ota l________________ $5,492,404.47

BANK OF SALEM, SALEM
Population 687.
Chartered December 9, 1908.

Fulton County

Telephone Number 8.

Officers
Jim Humphries-----------------President
Fay Castleberry-----Exec. Vice Pres.
Corwin Mosey----------------------Cashier
George Humphries____ Asst. Cashier

Transit Number 81-430

Directors
Fay Castleberry
Jim Humphries
Rex Castleberry
Corwin Mosey
George Humphries

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- $ 734,869.10
Overdrafts ____________
490.21
U. S. Gov’t obligations_ 432,500.00
Other bonds and
securities____________
70,000.00
Furniture and fixtures_
200.00
Banking house ________
1.00
Cash and due from banks 566,398.34

Total



$1,804,458.65

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts_$ 170,616.90

50,000.00
50,000.00
70,616.90

Demand deposits ______ 1,287,416.85
Time deposits _________
202,005.16
U. S. Gov. deposits_____
11,925.11
132,494.63
Public funds __________
Total dep. __$1,633,841.75
Total

$1,804,458.65

104

State of Arkansas: Bank Department

LOGAN COUNTY BANK, SCRANTON
Population 283. Logan County
Chartered April 7, 1926.
Telephone Number 14.
Transit Number 81-686
Officers
Directors
Frank Ahne
President Frank Ahne
J. B. Layes
Afton Mitchell _
Vice President Frank Drum
Ross Martin
Joe Fritsche
Cashier Roy Drum
Afton Mitchell
Joe Fritsche
STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $ 227,010.51 Capital stock
------ $ 25,000.00
Overdrafts
1,246.49 Surplus fund
15,000.00
U. S. Gov’t obligations_ 372,656.25 Undivided profits
53,590.33
Other bonds and
Reserves
138.46
securities
1,500.00 Total capital
Furniture and fixtures_
407.59
accounts_$ 93,728.79
Banking house
100.00
Cash and due from banks 107,857.37 Demand deposits
528,354.57
Other resources
173.60 Time deposits
46,775.28
U. S. Gov’t deposits ___
7,936.76
34,156.41
Public funds
Total dep. __$ 617,223.02
Total

$ 710,951.81

Total

------ $ 710,951.81

SECURITY BANK, SEARCY
Population 6,024. White County
Chartered February 6, 1932. Telephone Number 1283. Transit Number 81-153
Officers
Directors
E. O. Yancey_____________ President B. G. Huddleston
M. O. Thompson
K. B. Rand___________Vice President
Joe S. Pierce
E. M. Twyford
B. C. Huddleston_____ Vice President
K. B. Rand
E. O. Yancey
E. M. Twyford_Exec. Vice President
J. W. Sanford
Ray A. Yarnell
& Cashier A. J. Stephens
Ralph Duncan------------ Asst. Cashier
Denver Leasure______ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $2,091,359.17
Overdrafts ____________
384.64
U. S. Gov’t obligations_ 596,664.38
Other bonds and
securities ___________
486,914.23
Furniture and fixtures_
17,688.45
Banking house ________
19,600.00
Cash and due from banks 865,283.99
Other resources_____
900.00

Total

__________________ $4,078,794.86




JUNE 29, 1957
Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 497,425.75

150.000. 00
150.000.00
173,461.66
23,964.09

Demand deposits ______ 2,720,306.55
Time deposits _________
202,638.08
U. S. Gov’t deposits___
122,321.54
Public funds __________
386,835.45
Deposits of ban k s______ 149,267.49
Total dep__ $3,581,369.11
Total

__________________ $4,078,794.86

Forty-Third Report

105

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

White County

Telephone Number 780.

Officers

E. P. Pyeatt-----------------------President
Wayne W. Pyeatt____ Vice President
Frank S. Leavitt______ Vice President
& Cashier
Marian Schwarz_______Asst. Cashier
L. W. Sutherlin_______ Asst. Cashier
M. P. Pickens_________ Asst. Cashier
Joe T. O’Guin_________ Asst. Cashier

Transit Number 81-154
Directors

Cal Aclin
J. T. Cone
M. M. Garrison
Frank S. Leavitt
J. E. Lightle, Jr.

E. P. Pyeatt
Phil H. Pyeatt
Wayne W. Pyeatt
Hubert. Smith

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $1,896,273.49
Overdrafts ____________
32.44
U. S. Gov’t obligations_ 1,001,374.57
Other bonds and
securities____________
876,323.02
Furniture and fixtures_
28,798.09
Banking house ________
25,712.26
Cash and due from banks 1,153,354.66
Other resources________
907.28

Total

----------------------------$4,982,775.81




Liabilities
Capital stock
$ 150,000.00
Surplus fund
_ _ 150,000.00
198,437.70
Undivided profits
49,967.92
Reserves _
Total capital
accounts_$ 548,405.62
3,611,767.95
Demand deposits
Time deposits _
349,948.88
67,438.69
U. S. Gov’t deposits___
Public funds _
323,866.58
Deposits of banks
81,348.09
Total dep. —$4,434,370.19
Total

__________________ $4,982,775.81

106

State of Arkansas: Bank Department

GRANT COUNTY BANK, SHERIDAN
Population 1,893.

Grant County

Chartered July 29, 1903. Telephone No. 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

Directors
J. A. McCoy
Coats A. Mitchell

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 434,729.08
U. S. Gov’t obligations_ 900,099.00
Other bonds and
securities_____________
306,092.84
Furniture and fixtu res_
10,017.30
Banking house ________
26,851.60
Cash and due from banks 481,751.13

Total

$2,159,540.95

Liabilities
Capital s t o c k --------------- $ 50,000.00
Surplus fund ---------------50,000.00
Undivided p r o fit s ______ 179,373.86
Reserves ______________
16,180.92
Total capital
accounts_$ 295,554.78
------------------Demand deposits ______ 1,258,643.34
Time deposits _________
103,022.47
U. S. Gov’t deposits___
12,327.50
Public funds __________
489,340.21
Deposits of ban k s______
652.65
Total dep. __$1,863,986.17
Total

$2,159,540.95

BANK OF SIDNEY, SIDNEY
Population 120.

Sharp County

Chartered September 23, 1912. Telephone Number 2131. 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 29, 1957
Resources
Loans and discounts___ $
7,773.40
Overdrafts ____________
24.86
U. S. Gov’t obligations_ 231,000.00
Furniture and fixtu res_
1.00
Banking h ou se _________
1.00
Cash and due from banks 125,349.57

Total



$ 364,149.83

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s --------Total capital
accounts_$ 19,084.47
Demand deposits ______
Public funds __________
Total dep. __$ 345,065.36
Total

5,000.00
8,000.00
6,084.47

344,151.79
913.57

.$ 364,149.83

Forty-Third Report

107

BRATT-W ASSON BANK, SILOAM SPRINGS
Population 3,270.
Chartered April 8, 1932.

Benton County

Telephone Number 33.

Transit Number 81-706

Officers
Marion Wasson____________ President
Sadie Monroe_______ Vice President
Marion Wasson, Jr__ Vice President
Tom Whiteside_Vice Pres. & Cashier
Elsie Sumner__________Asst. Cashier
Art Melson____________Asst. Cashier
Field Wasson_________Asst. Cashier

Directors
Sadie Monroe
Marion Wasson
Elsie Sumner
Marion Wasson, Jr.
Field Wasson
Tom Whiteside
G. K. Wasson

STATEMENT OF
Resources
Loans and discounts_$1,134,706.46
1,593.77
Overdrafts ____________
U. S. Gov’t obligations_ 2,228,967.50
Other bonds and
securities______
370,650.94
Furniture and fixtu res_
19,869.81
Banking h ou se___
9,486.18
Cash and due from banks 950,597.28
Other resources__
4,888.75

JUNE 29, 1957
Liabilities
Capital stock _
J|t 75,000.00
75,000.00
Surplus fund _
— 22,032.20
Undivided profits
—
164,318.80
Reserves _
Total capital
accounts_$ 336,351.00

Total

$4,720,760.69

3,633,080.37
Demand deposits
447,658.35
Time deposits _
52/074.31
U. S. Gov’t deposits___
251,596.66
Public funds _
Total d ep ._$4,384,409.69
Total

$4,720,760.69

SMACKOVER STATE BANK, SMACKOVER
Population 2,495. Union County
Chartered April 28, 1928. Telephone No. PA 5-3051, Transit Number 81-654
Officers
Max A. Mitcham.:________ President
L. E. Tennyson, Jr____Vice President
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
Resources
Loans and discounts__ .$1,116,296.89
U. S. Gov’t obligations _ _ 831,688.88
Other bonds and
securities
230,102.88
Furniture and fixtu res_
15,496.47
Banking h ou se_______
8,000.00
Cash and due from banks 730,083.56
2,961.42
Other resources____

JUNE 29, 1957
Liabilities
Capital stock _
__ $ 100,000.00
100,000.00
Surplus fund —
32,828.58
Undivided profits —
25,000.00
_ _ _
Reserves __
Total capital
accounts_$ 257,823.58

Total _______ __



$2,934,630.10

Demand deposits ______ 1,830,950.25
Time deposits
_ _ _ 532,198.77
51,969.44
U. S. Gov’t deposits___
261,6§8.06
Public funds
Total d e p ._$2,676,806.52
Total

__ __ $2,934,630.10

State of Arkansas: Bank Department

108

CITIZENS BANK, SMITHVILLE
Population 250.

Lawrence County

Chartered March 23, 1901.
R. S.
A. M.
Boyce
W. A.

Transit Number 81-434

Officers
Rainwater__________ President
Starr__________ Vice President
Durham______________ Cashier
Wallis, Jr_______ Asst. Cashier

Directors
Webster Perkins
Wm. Rainwater
R. S. Rainwater
J. M. Raney
Sloan Rainwater
A. M. Starr
Virginia Rainwater

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts
U. S. Gov’t obligations_
Other bonds and
s e c u r it ie s _
Furniture and fixtu res_
Banking house _
__
Cash and due from banks
Other resources

209,615.78
40.41
124,614.00
222,934.72
661.00
1.00
100,052.27
490.07

Liabilities
Capital stock
$
Surplus fund
Undivided profits
_ _
Total capital
accounts_$ 110,600.99

440,157.10
106,439.52

Demand deposits
Public funds
Total d e p ._$ 546,596.62
Other liabilities

Total _

$ 658,409.25

Total

25,000.00
15,000.00
70,600.99

1,211.64
$ 658,409.25

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
P. H. Taylor _
_ Vice President
C. E. Hays___ Vice Pres. & Cashier

Directors
Garland Gaston
S. B. Horne
C. E. Hays
P. H. Taylor

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 179,587.75
U. S. Gov’t obligations_ 452,000.00
Other bonds and
securities _ _
__
58,231.53
Furniture and fixtu res_
1,700.00
Banking house
250.00
Cash and due from banks 339,527.21

T o t a l_________________ $1,031,296.49



Liabilities
_$
Capital stock
Surplus fund
Undivided profits
Total capital
accounts_$ 83,926.15
Demand deposits
Time deposits
U. S. Gov’t deposits__ Public funds
Total d e p ._$ 947,370.34

25,000.00
25,000.00
33,926.15

826,443.59
50,741.94
391.53
69,793.28

T o t a l_________________ $1,031,296.49

Forty-Third Report

109

FIRST STATE BANK, SPRINGDALE
Population 5,835.

Washington County

Chartered February 12, 1923. Telephone No. PL 1-4681. Transit Number 81-856
Officers
Shelby Ford______________ President
J. T. Bain______Exec. Vice President
R. E. Buck__________________ Cashier
R. A. Bryant__________Asst. Cashier

Directors
Dr. Friedman Sisco
J. T. Bain
Shelby Ford
Joe M. Steele
A. P. Wilson
C. L. George
Tom Hargis
Elmer Johnson

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts_$2,539,382.65
U. S. Gov’t obligations_ 1,421,084.83,
Other bonds and
securities______
759,623.36
Furniture and fixtu res_
10,054.40
Banking h ou se___
1.00
Cash and due from banks 996,861.09
Other resources__
3,901.19

Total

$5,730,908.52

Liabilities
$ 125,000.00
Capital stock _
Surplus fund _
75,000.00
Undivided profits
39,657.38
Reserves _
228,896.58
Total capital
accounts_$ 468,553.96
Demand deposits
3,275,802.00
Time deposits
1,653,911.42
U. S. Gov’t deposits___
33,897.23
Public f u n d s __ ____
298,743.91
Total dep. __$5,262,354.56
Total

$5,730,908.52

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
.Vice President
R. T. Boulware
C. C. Russell___ Vice Pres. & Cashier
_ Asst. Cashier
Jim Stevens.

Directors
George F. Baker
Sam Earle
R. T. Boulware
C. C. Russell
J. C. Cabe
A. O. Smith

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts __.__$
U. S. Gov’t obligations __
Other bonds and
securities
Furniture and fixtures
__
Banking house
Other real estate
Cash and due from banks
Other resources

Total _



842,002.93
736,667.19
205,226.10
9,080.00
12,680.00
14.00
387,100.94
5,048.65

. $2,197,819.81

Liabilities
------ $ 50,000.00
Capital stock _
50,000.00
Surplus fund _
Undivided profits _
261,674.32
Reserves
36,194.19
Total capital
accounts_$ 397,868.51
Demand deposits __
Time deposits
U. S. Gov’t deposits ___
Public funds _
Total dep. —$1,799,951.30
Total

___

945,561.58
727,873.63
9,180.84
117,335.25

$2,197,819.81

110

State of Arkansas: Bank Department

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
Resources
Loans and discounts___ $ 594,780.60
U. S. Gov’t obligations_ 259.600.00
Other bonds and
securities____________
125,220.92
7,250.00
Furniture and fixtu res_
Banking h o u se _________
5,000.00
Cash and due from banks 376,546.81

JUNE 29. 1957
Liabilities
Capital s t o c k __________$ 50,000.00
Surplus f u n d __________
100,000.00
Undivided p r o fit s ______
44,044.99
Reserves ______________
9,251.75
Total capital
accounts_$ 203,296.74

T o ta l________________ $1,368,398.33

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total dep. —$1,162,965.69

713,222.27
235,880.91
4,000.00
209,862.51

Other liabilities________

2,135.90

T o ta l________________ $1,368,398.33

THE STEPHENS SECURITY BANK, STEPHENS
Population 1,283.
Chartered February 8, 1946. Telephone
Officers
Chas. T. Reveley__________ President
Guy C. Pruitt_Exec. Vice President
B. J. Merritt_______________ Cashier
B. K. Jameson________ Asst. Cashier
Jean Rowe___________ Asst. Cashier

Ouachita County
Number 3761. Transit Number 81-755
Directors
G. W. Haltom
Chas. T. Reveley
H. G. Hearnsberger James Smith
G. C. Pruitt
Joe Wade

STATEMENT OF
Resources
Loans and discounts___ $ 616,492.77
358.55
Overdrafts
U. S. Gov’t obligations_ 755,291.17
Other bonds and
141,425.79
securities
3,248.42
Furniture and fixtu res_
6,135.81
Banking house
Cash and due from banksi 276,327.70

JUNE 29, 1957
Liabilities
Capital stock
$
Surplus fund
Undivided profits
Reserves
Total capital
accounts_$ 125,572.00

Total



$1,779,280.21

50,000.00
30,000.00
34,582.24
10.989.76'

Demand deposits
1,074,232.63'
Time deposits
231,410.85
U. S. Gov’t deposits___
47,463.83
Public funds _
320,600.90
Total dep. —$1,673,608.21
Total

$1,779,280.21

Forty-Third Report

11 1

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
Mrs. L. K. Robertson. -Asst. Cashier

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

STATEMENT OF
Resources
Loans and discounts_ __$ 350,879.43
Overdrafts
38.57
U. S. Gov’t obligations __ 411,000.00
Furniture and fixtures
4,883.30
Banking house _
1.00
Other real estate _
1.00
Cash and due from banks 296,134.64

C. H. Lewis
C. R. Mason
E. W. Smith

JUNE 29, 1957
Liabilities
Capital stock _
-$
Surplus fund
Undivided profits
Total capital
accounts_$ 173,490.58
Demand dpeosits
Time deposits _
U. S. Gov’t deposits__
Public f u n d s _
Total dep. __$ 887,501.96
Other liabilities

Total

$1,062,937.94

Total

25,000.00
50,000.00
98,490.58

711,492.34
124,257.03
4,147.64
47,604.95
1,945.40

-$1,062,937.94

THE FARMERS AND MERCHANTS BANK, STUTTGART
Population 7,276. Arkansas County
Chartered December 29, 1944. Tel. No. WA 2-1512. Transit Number 81-747
Officers
R. B. Curtis------------------------ President
Russell McCollum_____ Vice President
Edgar C. Diggs_Exec. Vice
President
& Cashier
Lela M. Curtis_________ Asst. Cashier
Adolf Hubmann________ Asst. Cashier
Artie Seidenschwarz____ Asst. Cashier

Directors
W. C. Bogard
Chet Pond, Jr.
R. B. Curtis
D. W. Tweedy
Edgar C. Diggs
Ralph Wilson
Russell McCollum

STATEMENT OF
Resources
Loans and discounts____$2,302,852.92
Overdrafts ___________
78.29
U. S. Gov’t obligations_ 1,054,036.75
Other bonds and
securities___ .________
759,595.79
Furniture and fixtu res_
21,600.00
Banking h ou se_________
18,000.00
Cash and due from banks 907,364.81
Other resources________
953.44

JUNE 29, 1957
Liabilities
Capital s t o c k __________
Surplus fund __________
Undivided p r o fit s ______
Reserves ______________
Total capital
accounts_$ 482,846.25

Total



$5,064,482.00

75,000.00
150,000.00
196,936.11
60.910.14

Demand deposits ______ 3,408,134.49
Time deposits _________ 804,936.92
U. S. Gov’t deposits___
101,729.03
Public funds __________
266,835.31
Total dep. __$4,581,635.75
Total

$5,064,482.00

1 12

State of Arkansas: Bank Department

CITIZENS BANK, TILLAR
Population 239.
Chartered July 28, 1913.

Officers
V. C. Harrell______________President
B. C. Prewitt________ Vice President
J. H. Kimbro__Vice Pres. & Cashier
Helen Clayton_________Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 149,618.80
37.06
Overdrafts _
64,780.40
U. S. Gov’t obligations_
Other bonds and
156,149.80
securities
Furniture and fixtu res_
3,760.00
Banking house
3,330.00
Cash and due from banks 109,998.94
Other resources
302.00

T o ta l__

Drew County

Telephone No. EX 2-2571.

$ 487,977.00

V. C. Harrell
J. H. Kimbro
B. C. Prewitt

Transit Number 81-446
Directors
C. R. Prewitt
Hampton Pugh
Wiley A. McGehee

JUNE 29, 1957
Liabilities
Capital stock
___ $
Surplus fund
Undivided p r o fit s ___
Total capital
accounts_$ 95,693.49

25,000.00
60,000.00
10,693.49

Demand deposits _
Time deposits
U. S. Gov’t deposits___
Public funds
Total d e p ._$ 392,283.51

284,365.26
43,590.59
4,892.68
59,434.98

Total _

$ 487,977.00

BANK OF TRUMANN, TRUMANN
Population 3,744.
Chartered October 26, 1911.

Poinsett County

Telephone Number 7.

Transit Number 81-488

Officers
M. T. Byrn________________ President
R. H. T a y lo r_________Vice President
Earl Yarbrough.Vice Pres. & Cashier
Clyde Robertson, Jr._Asst. Cashier
Eugene Pounds________Asst. Cashier

Directors
M. T. Byrn
Norris C. Taylor
J. F. Lady
R. H. Taylor
J. J. Purvis
Earl Yarbrough
Clyde Robertson, Jr.

STATEMENT OF
Resources
Loans and discounts----- $1,540,221.87
U. S. Gov’t obligations_ 177,945.31
Other bonds and
146,608.82
securities _
2,600.00
Furniture and fixtures_
Banking house
10,400.00
Cash and due from banks 926,022.37

JUNE 29, 1957
Liabilities
Capital stock
_ $ 100,000.00
Surplus fund
150,000.00
Undivided profits _
72,643.08
Reserves
11.891.83
Total capital
accounts_$ 334,534.91

Total



$2,803,798.37

Demand deposits
1,707,021.92
Time deposits
____
592,832.17
U. S. Gov’t deposits___
24,864.01
Public funds
119,545.36
Deposits of banks
25,000.00
Total dep. __$2,469,263.46
Total

$2,803,798.37

Forty-Third Report

113

BANK OF TUCKERMAN. TUCKERMAN
Population 1,253.
Charterd November 8, 1902.

Jackson County

Telephone Number 1.

Officers
F. L. Penix______________ President
R. O. Norris_________Vice President
O. B. Armstrong_____ Vice President
Van Smith_Exec. Vice Pres. & Cashier
Calvin Whitlow_______ Asst. Cashier
Cornelius Adcox______ Asst. Cashier
STATEMENT OF
Resources
Loans and discounts___ $ 863,097.29
U. S. Gov’t obligations_ 440,099.55
Other bonds and
securities______
208,781.57
Furniture and fixtures_
7,656.39
Banking h ou se___
1,337.50
Cash and due from banks 363,928.54
Other resources__
75.00

T o ta l-------------------------$1,884,975.84

Transit Number 81-448

Directors
O. B. Armstrong
J. L. Parrott
C. E. Harrison
F. L. Penix
R. 0. Norris
Van Smith

JUNE 29, 1957
Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 168,883.52

35,000.00
45,000.00
88,883.52

Demand d ep o sits______ 1,361,770.05
Time deposits _________ 206,230.63
U. S. Gov’t d e p o s its _
10,380.45
Public funds __________
117,558.41
Deposits of ban k s______
20,152.78
Total dep. _.$1,716,092.32
T ota l________________ $1,884,975.84

TYRONZA BANK, TYRONZA
Population 656. Poinsett County
Chartered October 1, 1951. Telephone Number 3121. Transit Number 81-770
Officers
R. A. Lynch______________ President
D. F. Wylie__________ Vice President
Ernestine Sanders__________Cashier

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

STATEMENT OF
Resources
Loans and discounts------$ 540,930.93
U. S. Gov’t obligations_ 124,000.00
Other bonds and
securities____________
45,185.00
Furniture and fixtures_
7,284.63
Banking h ou se_________
648.45
Cash and due from banks 227,988.16

JUNE 29, 1957
Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Reserves ---------------------Total capital
accounts_$ 107,056.48

50.000.00
25,000.00
30,678.64
1,377.84

Demand deposits ______
Time deposits _________
U. S. Gov’t deposits___
Public funds __________
Total d e p ._$ 838,980.69

532,743.48
189,782.77
3,853.97
112,600.47

Total



$ 946,037.17

Total

$ 946,037.17

114

State of Arkansas: Bank Department

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

Crawford County

Chartered December 20, 1910. Telephone No. 4-2331.
Officers
B. M. Moody_____________ President
Raymond Allen_______Vice President
Henry Batchelor____________ Cashier
Ruth C. Moody________Asst. Cashier

Transit Number 81-101

Directors
Lonnie Batchelor Dr. M. J. Graham
Robert P. Geliy
Joe C. McKinney
Robert W. Geliy

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts----- .$ 542,082.71
U. S. Gov’t obligations_ 1,110,453.13
Other bonds and
332,961.40
securities ____
8,243.81
Furniture and fixtures_
7,500.00
Banking house
Cash and due from banksi 320,694.27
Other resources
1.00

Total

$2,321,936.32

Liabilities
$ 50,000.00
Capital stock
75,000.00
Surplus fund
114,784.06
Undivided profits
10,449.20
Reserves _ _
Total capital
accounts_$ 250,233.26
1,368,113.84
Demand deposits
Time Deposits
550,293.23
20,524.18
U. S. Gov’t deposits___
132,771.81
Public funds
Total dep._$2,071,703.06
Total

$2,321,936.32

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

Crawford County

Chartered August 12, 1933. Telephone No. GR 4-6501. Transit Number 81-100
Officers
J. J. Izard________________ President
Clyman E. Izard_____ Vice President
Stewart Condren____________ Cashier

Directors
Stewart Condren
C. E. Izard
Carl Creekmore
J. J. Izard
C. J. Franklin
Wiley B. Smith
Bessie Maud Izard

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 485,132.42
Overdrafts ____________
2,168.57
U. S. Gov’t obligations_ 1,144,470.00
Other bonds and
securities____________
354,789.55
Furniture and fixtures_
9,000.00
Banking house -----------9,000.00
Cash and due from banks 428,137.62

Total



$2,432,698.16

Liabilities
Capital s t o c k __________ $
Surplus fund __________
Undivided p r o fit s ______
Total capital
accounts_$ 181,837.07

50,000.00
75,000.00
56,837.07

Demand deposits ______ 1,478,747.99
Time deposits _________
596,076.63
U. S. Gov’t deposits____
13,760.98
Public funds __________
162,275.49
Total dep._$2,250,861.09
Total

$2,432,698.16

Forty-Third Report

115

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
Mrs. J. Thurston Howell
W. S. McKissack

STATEMENT OF
Resources
Loans and discounts___ $ 242,541.53
U. S. Gov’t obligations_ 375,253.15
Other bonds and
securities _ _
49,874.00
Furniture and fixtures_
10.00
Banking house
_ _
10.00
Cash and due from banks 129,913.88
Other resources
345.76

JUNE 29, 1957
Liabilities
Capital stock
$
Surplus fund
Undivided profits
___
Reserves
Total capital
accounts_$ 80,563.98

Total

_ _

$ 797,948.32

Demand deposits
Time deposits
U. S. Gov’t deposits___
Public funds _
Total dep._$ 717,384.34
Total

_

25,000.00
25,000.00
26,747.29
3,816.69

517,060.85
104,492.15
4,558.67
91,272.67

__ $

797,948.32

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

Columbia County

Telephone Number 3011.

Officers
Harold Fincher____________ President
R. P. Clark_________ Vice President
J. E. O’Daniel_______ Vice President
M. M. Fincher______________ Cashier
Betty Rowe___________ Asst. Cashier

Transit Number 81-266

Directors
R. P. Clark
M. M. Fincher
E. F. Fincher
J. E. O’Daniel
G. L. Fincher
Harold Fincher

STATEMENT OF JUNE 29, 1957
Resources
Liabilities
Loans and discounts___ $ 458,187.86
Capital stock _
$ 50,000.00
U. S. Gov’t obligations_ 438,717.81 Surplus fund
35,000.00
Other bonds and
Undivided profits
33,360.98
17,500.00 Total capital
securities____________
accounts_$ 118,360.98
Furniture and fixtures_
1.00
Banking house ________
1.00
Other real e s ta te ______
1.00 Demand deposits
603,393.38
Cash and due from banks 157,019.08 Time deposits _
254,575.38
U. S. Gov’t deposits____
6,358.77
Public funds _
88,739.24
Total dep.
953,066.77
Total



$1,071,427.75

Total

$1,071,427.75

116

State of Arkansas: Bank Department

BANK OF WALDRON, WALDRON
Population 1,292.. Scott County
Chartered April 3, 1901. Telephone No. ME 7-6411. Transit Number 81-239
Officers
Cene Davidson____________President
Mollie E. Center_____ Vice President
J. K. May____________Vice President
Claud W. Harrison__________Cashier
O. K. Goodner_________Asst. Cashier

Directors
W. A. Bates
0. K. Goodner
Mollie E. Center Claud W. Harrison
Gene Davidson
J. K. May
Wm. Knox Dozier

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtures_
Banking house ________
Cash and due from banks

608,946.79
750.93
963,025.00
545,594.94
4,000.00
4,500.00
697,500.95

Total _________________ $2,824,318.61




Liabilities
Capital s t o c k __________ $ 50.000.00
Surplus f u n d __________
100,000.00
Undivided p r o fit s ______
71,807.75
Reserves ______________
805.14
Total capital
accounts_$ 222,612.89
Demand deposits ______ 1,602,395.12
Time deposits _________ 816,269.32
U. S. Gov’t deposits____
25,318.63
Public funds __________
157,722.65
Total dep. __$2,601,705.72
Total _________ >________ $2,824,318.61

117

Forty-Third Report

MERCHANTS A N D PLANTERS BANK, W ARREN
Population 2,615.
Chartered March 15, 1890.

Bradley County

Telephone Number 20.

Officers
Carl Hollis_______________ President
A. L. Moody___Exec. Vice President
G. B. Colvin________Vice President
C. E. Owens_______ Vice President
C. F. Sisco_________________ Cashier
Mrs. Helen N. Harris_Asst. Cashier
Lois Goss_____________ Asst. Cashier

Transit Number 81-159

Directors
Curtis BlankinshipCarl Thompson
G. B. Colvin
W. R. Warner
Carl Hollis
Albert T. Weiss
C. E. Owens
H. Sidney Wharton
A. L. Moody

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts____$1,384,313.07
Overdrafts ____________
1,800.57
U. S. Gov’t obligations_ 761,646.88
Other bonds and
securities____________
595,876.57
Furniture and fixtures_
15,312.54
Banking house ________
25,148.60
Cash and due from hanks 1,087,568.25
Other resources________
6,199.32

Total




$3,877,865.80

Liabilities
Capital s t o c k _
_i p 100,000.00
100,000.00
Surplus fund
134,566.05
Undivided profits
19,036.00
Reserves _
_
—
Total capital
accounts_$ 353,602.05
Demand deposits ____ 2,221,267.02
Time deposits _
_ _ _ 1,088,651.19
19,841.59
U. S. Govt deposits___
194,213.95
Public funds
290.00
Deposits of banks
Total dep__ $3,524,263.75
Total

$3,877,865.80

118

State of Arkansas: Bank Department

WARREN BANK, WARREN
Population 2,615.

Bradley County

Chartered December 28, 1901. Telephone Number 88. Transit Number 81-160
Officers
John T. Ederington_______ President
M. C. Singer____Exec. Vice President
Louis W. Ederington_Vice President
J. B. Frazer__________ Vice President
G. C. Sangster______________ Cashier
M. S. Thompson______ Asst. Cashier
Katie R. Campbell------ Asst. Cashier

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

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $2,212,022.14
U. S. Gov’t obligations_ 654,647.50
Other bonds and
securities____________
535,404.35
Furniture and fixtures_
4,160.24
Banking house ________
9,279.40
Other real e s ta t e ______
2.00
Cash and due from banks 801,290.79
Other resources________
5,689.33

Liabilities
Capital stock _______
$ 75,000.00
Surplus fund
150,000.00
Undivided p r o fit s ___
55,251.89
_____
Reserves _
237,049.53
Total capital
accounts_$ 517,301.42

Total -------------------------- $4,222,495.75

T o ta l__________________ $4,222,495.75




Demand deposits
2,231,328.49
Time deposits
1,301,215.92
U. S. Gov’t deposits___
51,378.67
Public funds _ _
121,271.25
Total dep. __$3,705,194.33

Forty-Third Report

119

BANK OF WEINER, WEINER
Population 644. Poinsett County
Chartered April 2, 1909. Telephone No. MU 4-2291. Transit Number 81-456
Officers
E. E. Hogue_____________ President
H. E. Winters_______Vice President
John Hogue________________ Cashier
Joyce Griffin__________Asst. Cashier

Directors
E. E. Hogue
F. R. Huber
John Hogue
H. E. Winters
Malcolm C. Hogue R. A. Ziegenhom
Marcus Hogue

STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital stock
$ 50,000.00
Loans and discounts------$ 532,412.61
75,000.00
Overdrafts ____________
5,666.60 Surplus fund
48,669.25
U. S. Gov’t obligations_ 653,000.00 Undivided profits
19,843.94
__ __
Reserves _
Other bonds and
securities____________
134,282.50 Total capital
accounts_$ 193,513.19
Furniture and fixtures_
9,000.00
Banking house ________
1,000.00
1,434,657.25
Cash and due from banks 535,285.04 Demand deposits
119,115.02
Other resources________
2,986.69 Time deposits
16,245.27
U. S. Gov’t deposits___
52,243.61
Public f u n d s __ _______
Deposits of ban k s___ __
57,859.10
Total dep._$1,680,120.25
Total _________________ $1,873,633.44

Total _________________ $1,873,633.44

MERCHANTS AND FARMERS BANK, WEST HELENA
Population 6,107. Phillips County
Chartered October 4, 1948. Telephone No. JU 5-3481. Transit Number 81-763
Directors
Officers
Fulton Simpson_____ Chm. of Board
James P. Baker, Jr. J. L. Linder
V. D. Simmons___________ President
C. L. Harris
Jesse Porter
S. H. Hurst_________Vice President
S. H. Hurst
V. D. Simmons
Roy B. Warren_____________ Cashier E. F. Kalb
Fulton Simpson
James T. Moore______ Asst. Cashier
Helen B. Back________ Asst. Cashier
STATEMENT OF JUNE 29, 1957
Liabilities
Resources
Capital s t o c k __________ $ 50,000.00
Loans and discounts___ $1,361,546.96
90,000.00
Overdrafts ____________
652.83 Surplus f u n d __________
20,208.03
U. S. Gov’t obligations_ 173,875.00 Undivided p r o fit s ______
Total capital
Other bonds and
accounts_$ 160,208.03
securities ___________ 402,161.75
Furniture and fixtures_
4,230.47
Other real e s ta te ______
8,000.00 Demand deposits ______ 1,199,904.87
703,378.72
Cash and due from banks 350,213.03 Time deposits _________
U. S. Gov’t deposits___
6,955.23
Public funds __________
210,057.22
Total d ep ._$2,120,296.04
Other liabilities________
Total



$2,300,680.04

Total

20,175.97

__________________ $2,300,680.04

12 0

State of Arkansas: Bank Department

BANK OF WEST MEMPHIS, WEST MEMPHIS
Population 9,112.
Chartered April 21, 1928.

Crittenden County

Telephone No. RE 5-2922.

Officers
Jack W. Rich________ Chm. of Board
B. J. Lambert, Jr_________ President
C. B. Davis_____Exec. 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
O. I. Bollinger
B. J. Lambert. Jr.
D. B. Clement
Roy R. Morley
H. R. Dabbs
Jack W. Rich
P. M. Dacus
J. H. Spears
B. G. Dickey
J. C. Tennison
B. G. Dickey, Jr.
O. S. Woollard
W. K. Ingram

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $1,986,719.45
Overdrafts ____________
4,240.77
U. S. Gov’t obligations_ 912,469.38
Other bonds and
securities____________ 1,623,407.38
Furniture and fixtu res_
56,508.86
Banking h o u se _________ 237,700.00
Cash and due from banks 1,138,243.77
Other resources________
4,535.13

Total




$5,963,824.74

Liabilities
Capital s t o c k __________ $ 250,000.00
Surplus f u n d __________
250,000.00
Undivided p r o fit s ______ 187,583.26
Total capital
accounts_$ 687,583.26
Demand deposits ______ 3,538,714.63
Time deposits _________ 749,748.12
U. S. Gov’t deposits___
169,812.37
Public funds __________
817,966.36
Total dep. __$5,276,241.48
Total

$5,963,824.74

Forty-Third Report

121

MERCHANTS AND PLANTERS BANK, WEST MEMPHIS
Population 9,112.
Chartered August 5, 1941.

Crittenden County

Telephone No. RE 5-2502.

Officers
J. F. Wheeler_____________ President
H. F. Ohlendorf_____Vice President
W. L. Barbour, Jr._Exec. Vice Pres.
Roy Strong_________________ Cashier
Ruby Bledsoe__________ Asst. Cashier

Transit Number 81-743

Directors
W. L. Barbour, Jr. Lawrence Primm
J. W. Farris
J. F. Wheeler
H. F. Ohlendorf

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $2,091,431.96
Overdrafts ____________
256.77
U. S. Gov’t obligations_ 496,526.14
Other bonds and
securities____________
209,418.90
Furniture and fixtu res_
19,891.13
Banking h ou se_________
49,729.80
Other real e s ta te ______
25,848.00
Cash and due from banks 997,912.18
Other resources________
3,819.97

Liabilities.
Capital s t o c k __________ $ 100,000.00
Surplus fund __________
150,000.00
Undivided p r o fit s ______ 114,141.60
Total capital
accounts_$ 364,141.60
Demand deposits ______ 2,537,049.86
Time deposits _________
623,209.11
U. S. Gov’t deposits___
30,201.87
Public funds __________
333,911.31
Total d e p ._$3,524,372.15
Other liabilities________

Total

$3,894,834.85

6,321.10

T o ta l________________ $3,894,834.85

RICE GROWERS BANK, WHEATLEY
Population 406.
Chartered September 27, 1909.

St. Francis County

Tel. No. CL 7-2511.

Officers
H. K. Smith, Jr__________ President
Robert Carvell_Vice Pres. & Cashier
Mrs. A. H. Williams___ Asst. Cashier

Robert Carvell
Mayme Lyon

Transit Number 81-458
Directors
H. K. Smith, Jr.

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $ 632,149.55
U. S. Gov’t obligations_ 471,746.50
Other bonds and
securities____________
50,450.00
Furniture and fixtu res_
397.23
Banking h ou se_________
1.00
Cash and due from banks 385,969.00

Total



$1,540,713.28

Liabilities
Capital s t o c k __________ $
Surplus f u n d __________
Undivided p r o fit s ______
Total capital
accounts. _$ 193,209.82

50,000.00
50,000.00
93,209.82

Demand deposits ______ 1,147,849.14
Time deposits _________
135,093.32
U. S. Gov’t deposits___
148.79
Public funds __________
64,412.21
Total dep. —$1,347,503.46
Total

$1,540,713.28

122

State of Arkansas: Bank Department

WILMOT STATE BANK, WILMOT
Population 712.
Chartered October 25, 1937.

Ashley County

Telephone Number 3671.

Transit Number 81-738

Officers
Wm. B. deYampert________President
N. R. Kirkwood_Exec. Vice President
& Cashier

Directors
M. C. Crandall
J. F. Shackleford
Wm. B. deYampert N. R. Kirkwood
E. H. Dunning
G. B. Stovall

STATEMENT OF
Resources
Loans and discounts___ $ 273.962.82
U. S. Gov’t obligations_ 356,283.75
Furntiure and fixtu res_
3,307.40
Banking house
____
2,115.00
Cash and due from banks 160.763.83

JUNE 29, 1957
Liabilities
Capital stock
$
Surplus fund
Undivided profits —
Total capital
accounts_$ 134,057.23
Demand deposits
Time d ep osits_
U. S. Gov’t deposits___
Public funds
Total dep. __$ 662,375.57

Total ____

$ 796,432.80

Total

25.000. 00
75.000. 00
34,075.23

543,009.20
35,607.90
4,558.61
79,199.86

$ 796,432.80

BANK OF WILSON, WILSON
Population 1,301.
Chartered October 3, 1908.

Mississippi County

Telephone Number 3251.

Transit Number 81-462

Officers
R. E. L. Wilson, Jr. Chm. of Board
Benton Garrett____________ President
C. J. Lowrence, Jr___Vice President
J. B. Gwyn-------------------------- Cashier
Lillian McMath________ Asst. Cashier
Dorothy Boothe------------- Asst. Cashier
Gatha Watson__________Asst. Cashier

Directors
J. H. Crain
J. W. Nelson
C. L. Denton, Jr. R. E. L. Wilson, Jr.
Benton Garrett R. E. L. Wilson, III
C. J. Lowrance, Jr.

STATEMENT OF
Resources
Loans and discounts_$1,644,156.84
80.78
Overdrafts ____________
U. S. Gov’t obligations_
70,542.61
Other bonds and
securities______
294,506.41
Furniture and fixtu res_
4,495.08
Banking h o u se ___
47,000.00
Cash and due from banks 591,086.15
Other resources__
473.34

JUNE 29. 1957
Liabilities
_ \ F 100 ,000.00
Capital s t o c k ___
375,000.00
Surplus fund
40,122.66
Undivided profits
Reserves
2,318.57
Total capital
accounts_$ 517,441.23

Total



$2,652,341.21

Demand deposits
1,194,158.80
Time deposits _
414,784.90
U. S. Gov’t deposits___
19,843.00
Public funds ______
457,831.22
Deposits of banks _
48,282.06
Total dep. —$2,134,899.98
Total

$2,652,341.21

Forty-Third Report

123

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
H. K. Barwick_______ Vice President
Wallace Eldridge___________ Cashier
Mollye Weeden________Asst. Cashier

Transit Number 81-151

Directors
H. K. Barwick John H. Johnston, Jr.
Dave Block
J. W. Lipscomb
David Drexler H. Steinberg
J. C. Hilliard

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts_$1,273,876.03
Overdrafts ____________
557.78
U. S. Gov’t obligations_ 545,753.13
Other bonds and
securities______
428,975.35
4,917.44
Furniture and fixtu res_
Banking h ou se___
27,405.00
Cash and due from banks 462,567.19
Other resources__
1,474.66

Total

$2,745,526.58

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus f u n d __________
150,000.00
Undivided p r o fit s ______ 129,448.82
Reserves ______________
4,497.88
Total capital
accounts_$ 333,946.70
Demand deposits ______ 1,951,296.73
Time deposits _________ 269,811.91
U. S. Gov’t deposits___
11,507.22
Public funds __________
178,964.02
Total dep. __$2,411,579.88
T ota l________________ $2,745,526.58

THE BANK OF YELLVILLE, YELLVILLE
Population 697.

Marion County

Chartered December 13, 1945. Telephone Number 2501. Transit Number 81-753
Officers
Bernice Berry President & Cashier
Wynona Willingham_Exec. Vice Pres.
& Asst. Cashier
Lon W. Berry________Vice President
H. A. Burnes_______ Vice President

Bernice Berry
Lon W. Berry
H. A. Burnes

Directors
Thelma Gaines
Wynona Willingham

STATEMENT OF JUNE 29, 1957
Resources
Loans and discounts___ $
Overdrafts ____________
U. S. Gov’t obligations_
Other bonds and
securities____________
Furniture and fixtu res_
Cash and due from banks

Total



395,843.05
208.02
270,921.88
124,089.00
750.00
166,116.60

$ 957,928.55

Liabilities
Capital s t o c k __________$ 25,000.00
Surplus f u n d __________
115,000.00
Undivided p r o fit s ______
15,230.31
Total capital
accounts_$ 155,230.31
Demand deposits ______
Public funds __________
Total dep. __$ 802,698.24
Total

732,074.12
70,624.12

.$ 957,928.55

124

State of Arkansas: Bank Department

CONSOLIDATED STATEMENT OF CONDITION OF THE
THREE COOPERATIVE EXCHANGES OPERATING
IN ARKANSAS AS OF JUNE 29, 1957
Resources
Loans and discounts _________________________________ $
8,082.65
Overdrafts ____________________________________________
33.47
U. S. Government obligations_________________________
47,376.14
Furniture and fixtures _______________________________
175.00
Cash and due from banks______________________________
110,383.14
Other resou rces______________________________________
1.00
Total R esources__________________________________$ 166,051.40
Liabilities
Capital stock _______________________________________ $
Surplus and undivided p r o fits _________________________
Deposits ______________________________________________

5,380.00
10,119.83
150,551.57

Total Liabilities___________ ________________________ $ 166,051.40




Forty-Third Report

125

THE FIRST COMPANY, BLACK ROCK
Population 662.

Lawrence County

Telephone Number 8-6351
Officers
J. F. Sloan________________President
Dr. E. J. Cruse________ Vice President
Joseph B. Smith_____________Cashier

Directors
Dr. E. J. Cruse
J. E. Krone
J. H. Myers

C. H. Smith
J. F. Sloan
Henry Clark

STATEMENT OF JUNE 29, 1957
Resources
Cash and due from banks
Other resou rces________

Total

.$

5,453.08
1.00

5,454.08

Liabilities
Capital s t o c k __________ :
Undivided p r o f i t s ______
Total capital
accounts_$
5,454.08
Total

.$

2,480.00
2,974.08

5,454.08

HARDY EXCHANGE, HARDY
Population 599.

Sharp County

Telephone Number 2264
Officers
Claude Finch_______________ President
R. A. Jackson________ Vice President
T. W. Walker________________ Cashier

Directors
Paul Downs
Claude Finch

R. A. Jackson
T. W. Walker

STATEMENT OF JUNE 29, 1957
Resources
Loans and d iscou n ts------ !
U. S. Gov’t obligations —
Furniture and fixtures —
■Cash and due from banks

4,167.91
18,596.60
175.00
34,535.83

Liabilities
Capital s t o c k __________ 1
Undivided p r o f i t s ______
Total capital
accounts_$
5,585.00
Demand deposits ______
Public funds __________
Total d e p .__$ 51,890.34

Total




.$

57,475.34

Total

.$

2.500.00
3.085.00

49,816.18
2,074.16

57,475.34

126

State of Arkansas: Bank Department

W ILM AR EXCHANGE COMPANY, W ILM AR
Population 746.

Drew County

Telephone Number 28
Officers
E. A. Oslin_________________President
R. A . McKinstry_____________Cashier
Mrs. R. A. McKinstry_Asst. Cashier
STATEMENT C
Resources
Loans and d iscou n ts____$
Overdrafts _____________
U. S. Gov’t obligation s_
Cash and due from banks

3,914.74
33.47
28,779.54
70,394.23

Directors
James Daniel
R. A. McKinstry

JUNE 29, 1957
Liabilities
Capital s t o c k _______ _$
Undivided profits _
Total capital
accounts_$
4,460.75
Demand d e p o s it s ___
Public funds _____
Total d e p .__$ 98,661.23

Total




.$ 103,121.98

E. A. Oslin
C. T. Sims

Total

400.00
4,060.75

91,133.14
7,528.09

$ 103,121.98

Forty-Third Report

REPORT
OF
BUILDING AND LOAN DIVISION
AND
SECURITIES DIVISION




127

128

State of Arkansas: Bank Department

BUILDING AND LOAN DIVISION
December 31, 1956

Statement of seven active state chartered Building and Loan
Associations, compiled from annual reports rendered the Arkansas
State Bank Department as of December 31, 1956.
Three chartered inactive Associations are:
First State Savings and Loan Association
Harrison, Arkansas
Charter dated M ay 28, 1954
Dixie Savings and Loan Association
W est Memphis, Arkansas
Charter dated June 2, 1953
First State Savings and Loan Association
W est Memphis, Arkansas
Charter dated January 5, 1953




Forty-Third Report

129

COMBINED STATEMENT OF THE SEVEN ACTIVE STATE CHARTERED
BUILDING AND LOAN ASSOCIATIONS
AS OF DECEMBER 31, 1956
Assets
Real Estate Loans ____________________________________________ $16,779,181.81
Share Loans ____________________________________________________
114,9,59.49
United States GovernmentObligations _________________________
606,443.76
302,062.13
Other Securities _______________________________________________
Contracts of Sale ______________________________________________
856.56
Office Building ________________________________________________
8,700.00
Cash on Hand and in B a n k s ___________________________________ 1,024,079.50
Furniture and F ix tu r e s _________________________________________
13,370.94
Other Assets ___________________________________________________
39,774.99
Total Assets

______________________________________________ $18,889,428.50
Liabilities

S h a re s___________________________________________________________$16,311,880.04
Advances from FederalHome Loan B a n k _______________________
598,750.00
R e s e rv e s ______________________________________________
1,359,169.17
Notes Payable ________________________________________________
127,236.81
Undivided Profits ______________________________________________
178,918.75
69,511.85
Loans in P r o c e s s _______________________________________________
Permanent Guaranty S t o c k _____________________________________
80,000.00
Other L iabilities________________________________________________
163,961.88
Total L ia b ilities_________________________ __________________ $18,889,428.50




130

State of Arkansas: Bank Department

SECURITY SAYINGS AND LOAN ASSOCIATION
CAMDEN, OUACHITA COUNTY, ARK AN SAS
December 31, 1956
Officers
D. W. Harrell______________ President
James M. Rowan, Jr__ Vice President
Howard East___ Secretary-Treasurer
C. W. Harris________ Asst. 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 l o a n s ______ $ 287,452.51
Other securities _______
4,200.00
Cash on hand and in banks
24,941.77
Furniture and fixtures__
64.31
Other a s s e t s ____________
523.62

Liabilities
S h a r e s ________
R e s e r v e s ______
Other liabilities

$ 317,182.21

309,225.00
7,534.56
422.65

317,182.21

FAY ETTEVILLE BUILDING AND LOAN ASSOCIATION
FAYETTEVILLE, W ASHINGTON COUNTY, ARK AN SAS
December 31, 1956
Officers
W . P. McNair, Jr__________ President
H. L. Pearson_____ Vice Pres. & Atty.
David M. McNair____Sec.-Treasurer
Maxine Atha________ Asst. Secretary
and Asst. Treasurer

Directors
David M. McNair
H. L. Pearson
W. P. McNair, Jr.
W. C. Smith
Roy A. Adams
F. Fenner Stice
Jerome McRoy

Assets
Real estate l o a n s _$4,772,825.32
Share loans ____________
13,040.10
U. S. Gov’t obligations__ 120,000.00
102,700.00
Other securities _______
Cash on hand and in banks 333,388.46
Furniture and fixtures__
1.00
Other assets ___________
1.00

Liabilities
$4,873,506.37
S h a r e s __________
. 356,144.60
R e s e r v e s _______
Notes p a y a b le __
60,000.00
Undivided profits
14,522.51
37,379.16
Loans in process
Other liabilities _
403.24

$5,341,955.88

$5,341,955.88




Forty-Third Report

131

FORREST CITY SAYINGS AND LOAN ASSOCIATION
FORREST CITY, ST. FRANCIS COUNTY, A RK AN SAS
December 31, 1956
Ed
W.
A.
C.

Officers
A s h __________________ President
E. Stevens_______ Vice President
L. Harris_________Vice President
W. Norton___ Attorney-Secretary

Officers
Ed Ash
A. L. Harris
John C. Bowen
W. J. Clanton
W. E. Stevens
C. W . Norton

Assets
Real estate l o a n s ______ $ 921,331.52
Share loans ____________
9,341.96
U. S. Gov’t obligations__
39,484.38
Other se c u r itie s _______
14,562.13
Cash on hand and in banks 136,925.43
Furniture and fixtures__
785.99
Other assets ___________
319.54

Liabilities
S h a r e s __________________$1,033,255.92
67,210.00
R e s e r v e s _______________
Undivided p r o f i t s ______
21,604.52
Other liabilities _______
680.51

$1,122,750.95

$1,122,750.95

UNITED SAVINGS ASSOCIATION
FORT SMITH, SEBASTIAN COUNTY, ARK ANSAS
December 31, 1956
Officers
F. W. Dyke________________ President
C. C. Davis___________ Vice President
W. V. Boatright_______Vice President
R. A. DeLong____________ Sec.-Treas.
E. B. Atterberry______Asst. Secretary
J. McMurtrey_______ Asst. Treasurer
Harry S. Lieber, J r . ____
____ Mortgage Loan Supervisor
Heartsill R a g o n ____________ Attorney

Directors
W. V. Boatright Dr. Ralph Crigler
R. B. Cutting
F. W. Dyke
C. C. Davis
R. J. Ross
R. A. DeLong
N. Dyke, Jr.
R. L. Bilheimer, Jr. A. R. Noe

Assets
Real estate lo a n s ______ $6,711,848.34
Share loans ____________
51,088.00
U. S. Gov’t obligations__ 299,759.38
Other securities _______
118,000.00
Cash on hand and in banks
387,806.83
Furniture and fixtures__
9,280.48
Other a s s e ts ____________
26,234.02

Liabilities
S h a r e s _________________ $6,449,326.74
Advances from FHL bank 475,000.00
R e s e r v e s _______________
533,328.19
Loans in p r o c e s s ______
16,462.94
Other liabilities _______
129,899.18

$7,604,017.05

$7,604,017.05




132

State of Arkansas: Bank Department

JONESBORO BUILDING AND LOAN ASSOCIATION
JONESBORO, CRAIGHEAD COUNTY, ARKANSAS
December 31, 1956
Officers
E. L. Westbrooke___________President
J. H. Little________________ Secreatry
R oy Sigler______ Vice Pres.-Attorney

Directors
W. R. Weaver
Roy Sigler
J. H. Little
F. J. Gregson
E. L. Westbrooke Bryan Arm strong

Assets
Real estate loans ------- $ 284,086.48
Contracts of sale -------856.56
Office building ________
7,500.00
Cash on hand and
in banks ------------------10,410.35
Furniture and fix tu res-1.00
12,691.06
Other assets __________

Liabilities
Shares _________________ $ 158,717.50
Reserves _______________
67,208.32
Notes p a y a b le _________
67,236.81
Other lia b ilitie s________
22,382.82

$ 315,545.45

$ 315,545.45

PEOPLES BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, PULASKI COUNTY, ARK ANSAS
December 31, 1956
Officers
W. W. Finch____President-Secretary
Claibourne W. Conway------Vice Pres.
Carl Hollis_Vice Pres.-Chmn. Board
W. C. Thomas___Vice Pres. & Treas.
& Asst. Secy.
Pearl Hinkle________ Asst. Secretary

Directors
W. W. Finch
W. C. Thomas
Carl Hollis
Robert C. Bird
Claibourne W. Conway

Assets
Liabilities
Real estate loans _____ $3,095,563.16
Shares _________________ $2,999,576.15
Share loans ____________
32,071.34
Advances from FHL bank
95,000.00
U. S. Gov’t obligations______________ 125,000.00
Reserves _______________
281,243.50
Other securities ______
50,000.00
Undivided p r o f i t s ______
26,629.88
Loans in p r o c e s s _
15,669.75
Cash on hand and
in banks _____________
114,447.39
Other liabilities _______
2,206.52
Furniture and fixtures______________ 3,238.16
Other assets __________
5.75




$3,420,325.80

$3,420,325.80

Forty-Third Report

133

W ARREN BUILDING AND LOAN ASSOCIATION
W ARREN , BRADLEY COUNTY, A R K A N SA S
December 31, 1956
Officers
J. R. Ganaway____________ 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
Clark Beard

Assets
Real estate lo a n s --------- $ 706,073.80
Share loans ____________
9,418.09
U. S. Gov’t obligations_
22,200.00
Other securities _______
12,600.00
Office building ________
1,200.00
Cash on hand and
in banks _____________
16,159.27

Liabilities
Shares _________________ $ 488,272.36
Advances from FHL bank
28,750.00
Reserves _______________
46,500.00
Undivided p r o f i t s ______
116,161.84
Permanent guaranty
s t o c k _________________
80,000.00
Other liabilities _______
7,966.96

$ 767,651.16

$ 767,651.16







135

Forty-Third Report

SECURITIES DIVISION
June 30, 1957

# ♦




♦

♦

♦

*

♦

♦

*

136

State of Arkansas: Bank Department

SUPERVISED LOAN COMPANIES UNDER ACT 397 OF 1947
June 30, 1957
Union Investment Company, Inc______________
Standard Finance Company____________________
Utley & Company, Inc-------------------------------------Peoples Company, Inc__________________________
Helena Industrial Loan Corp__________________
Home Finance System, Inc_____________________
The Peoples Loan & Investment Company______
Arkansas Investment Company________________
Securities Investment Company________________
Atlas Finance Company_______________________
Central Loan & Investment Company__________
Securities Investment Company________________
Liberty Loan & Realty Company_______________
Murdock Acceptance Corp______________________
United Loan & Investment Company___________
James L. Lucas Company______________________
Peerless Thrift & Loan Company______________
Peoples Loan & Investment Company, Inc_____
Union Industrial Loan Corp___________________
Charles J. Upton Loan & Real Estate Company.




—El Dorado, Ark.
—Fayetteville, Ark.
-F ayetteville, Ark.
—Fort Smith, Ark.
—Helena, Ark.
—Helena, Ark.
-H ope, Ark.
-H o t Springs, Ark.
-Jonesboro, Ark.
Little Rock, Ark.
..Little Rock, Ark.
..Little Rock, Ark.
-L ittle Rock, Ark.
-L ittle Rock, Ark.
.L ittle Rock, Ark.
..M agnolia, Ark.
Morrilton, Ark.
..M ount Ida, Ark.
..N orth Little Rock, Ark.
..W est Memphis, Ark.

Forty-Third Report

MORTGAGE LOAN COMPANIES UNDER ACT 397 OF 1947
June 30, 1957
H. C. Crabb & Company, Inc____________________ Arkadelphia, Ark.
Houston, Tex.
David Investment Company____________________ Blytheville, Ark.
Logan Finance Corp------------------------------------------- Blytheville, Ark.
El Dorado Mortgage Company, Inc_____________ El Dorado, Ark.
First Fidelity Mortgage Company_______________ El Dorado, Ark.
Rayville, La.
Oakland, Inc____________________________________ El Dorado, Ark.
Home Improvement Financing Corp-------------------- Fort Smith, Ark.
Victor Howard Company, Inc____________________ Fort Smith, Ark.
Republic Investment Company__________________ Fort Smith, Ark.
E. Walden Williams & Company, Inc------------------ Fort Smith, Ark.
Triangle, Inc____________________________________ Jonesboro, Ark.
Allstate Investment Corp_______________________ Little Rock, Ark.
Shreveport, La.
Aulds, Horne & White Investment Corp_________Little Rock, Ark.
Shreveport, La.
Block Mortgage Company, Inc.__________________ Little Rock, Ark.
Don Dining Investments, Inc____________________ Little Rock, Ark.
Wichita, Kan.
Jack Collier East Company, Inc_________________ Little Rock, Ark.
Gersham Investment Corp----------------------------------Little Rock, Ark.
Clayton, Mo.
S. H. Hetherwich Mortgage & Investment--------- Little Rock, Ark.
Company
Shreveport, La.
M. E. Hurlbut Investment Corp_________________Little Rock, Ark.
Shreveport, La.
Investment Company o f 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 Company, Inc_______________ Little Rock, Ark.
Wichita, Kan.
Modern Mortgages, Inc__________________________Little Rock, Ark.
St. Louis, Mo.
North American M ortgage Corp_________________Little Rock, Ark.
St. Petersburg, Fla.
Old Colonial Mortgage Company, Inc___________ Little Rock, Ark.
Houston, Tex.
Roberts Mortgage Company, Inc_______________ Little Rock, Ark.
Wichita, Kan.
Spikes Realty Company------------------------------------- Little Rock, Ark.
William E. Terry & Company, Inc_____________ Little Rock, Ark.
Texas Investment Corp_________________________ Little Rock, Ark.
Houston, Tex.
Texas State Mortgage Company_________ :--------- Little Rock, Ark.
Houston, Tex.
Union Mortgage & Investment Company, Inc___ Little Rock, Ark.
Houston, Tex.




137

138

State of Arkansas: Bank Department

T. A. White Company___________________________ Little Rock, Ark.
Shreveport, La.
Ziegler Investment Company___________________ Little Rock, Ark.
Clayton, Mo.
Home Improvement Loan Company, Inc_________ Magnolia, Ark.
Home Loans, Inc________________________________ North Little Rock, Ark.
Texarkana Mortgage Company, Inc._____________ Texarkana, Ark.
Guaranty Loan & Real Estate Company________ W est Memphis, Ark.




139

Forty-Third Report

COMBINED STATEM ENT OF RESOURCES AND LIABILITIES OF
SIX INDUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER ACT I 'll OF 1941
June 30, 1957
Assets
Loans ___________________________________________________ $2,019,374.86
Cash on Hand andin B a n k s____________________________
137,830.94
Bonds and Securities ___________________________________
299,483.99
Other Assets
________________________________________
31,981.10
TOTAL ASSETS __________________________________ $2,488,670.89
Liabilities
Capital _________________________________________________ $
S u rp lu s__________________________________________________
Unearned D is c o u n t_____________________________________
Notes Payable __________________________________________
D ebentures______________________________________________
R e se rv e s ________________________________________________
Certificates _____________________________________________
Other L ia b ilities_________________________________________

517,975.00
471,698.91
53,270.42
833,475.02
80,900.00
100,275.89
411,223.81
19,851.84

TOTAL L IA B IL IT IE S _____________________________ $2,488,670.89




140

State of Arkansas: Bank Department

COMMERCIAL CREDIT PLAN, INC.
FORT SMITH, A RK AN SAS
June 30, 1957
Officers
H. A. Cherry _ ___
J. F. Ireton
S. M. Chesney _
M. S. Crawley _

President
Secretary
Treasurer
Manager

Assets
Loans
-$
Cash on hand and
in banks _
Bonds and securities _
Other assets

4,245.98
42,875.22
99,546.88
22.80

Liabilities
$ 100,000.00
Capital
18,850.26
Surplus
26,390.44
Notes payable
1,450.18
Other liabilities
$ 146,690.88

$ 146,690.88

PEOPLES LOAN AND INVESTM ENT COMPANY
FORT SMITH, ARK AN SAS
June 30, 1957
Officers
_______________ President
Vice President-Manager
______________ Secretary
_______________ Treasurer

R. A. Young, Jr.
Roger E. Curtis
R. C. Helvie ___
Mary C. Sims _
Assets
Loans __________________ $ 805,004.29
Cash on hand and
in banks _____________
33,752.05
Bonds and secu ritie s___
25,000.00
21,884.63
Other assets __________




$ 885,640.97

Liabilities
Capital ________________ !
Surplus ________________
Notes p a y a b le _________
Debentures _____________
Reserved fo r bad debts _
Thrift C e r tific a te s _____
Other lia b ilitie s________

92.975.00
86,848.11
440,000.00
80.900.00
43,855.44
136,858.35
4,204.07

$ 885,640.97

Forty-Third, Report

141

COMMERCIAL CREDIT PLAN, INC.
JONESBORO, ARK ANSAS
June 30, 1957
Officers
President
Secretary
Treasurer
Manager

H. A. C h e r r y ____
J. F. Ireton ______
J. S. C h esn ey---A. W. Hardy
Assets
Loans
-$
Cash on hand and
in banks
Bonds and securities _
Other assets

37,019.59
4,103.10
99,546.88
7,012.74

Liabilities
_ $ 100,000.00
Capital
22,604.92
Surplus
Notes payable
22,352.52
2,724.87
Other liabilities
$ 147,682.31

$ 147,682.31

COMMERCIAL CREDIT PLAN, INC.
LITTLE ROCK, ARKANSAS
June 30, 1957
Officers
H.
J.
S.
K.

A.
F.
M.
F.

Cherry
Ireton
Chesney
Turner _

___
_ _

Assets
Loans
$
Cash on hand and
in banks
Bonds and secu ritie s___
$




President
Secretary
Treasurer
Manager

7,078.35
75,390.23

Liabilities
Capital
_ $
Surplus
Notes payable
Other liabilities

50,000.00
10,897.17
22,732.06
1,524.95

85,154.18

$

85,154.18

2,685.60

State of Arkansas: Bank Department

142

NATION AL CREDIT CORPORATION
PINE BLUFF, A RK AN SAS
June 30, 1957
Officers
N.
V.
C.
C.

_________President
___Vice President
Secretary-Manager
________ Treasurer

J. Gantt, Jr. _
D. W e b b ____
A. D a v ie s ___
S. McNew, Jr.

Assets
Loans __________________ $ 869,315.95
Cash on hand and
in banks _____________
39,508.52
Bonds and s e cu ritie s
3,060.93

Liabilities
C a p ita l_________________ $
Surplus ________________
Unearned d is c o u n t_____
Notes p a y a b le _________
Reserves _______________
C e rtifica te s_____________
Other liabilities _______

$ 911,885.40

125,000.00
143,808.51
53,270.42
255,000.00
56,420.45
274,365.46
4,020.56

$ 911,885.40

MORGAN PLAN COMPANY
T E X A R K A N A , A RK AN SAS
June 30, 1957
Officers
F. E. W ils o n ______________________________________________ President
S. H. A tk in s o n ______________________________________ Vice President
Edwin D. M cD an iel________________ Secretary-Treasurer & Manager
Assets
Loans _______________
Cash on hand and
in banks _________




301,103.45
10,513.70
$ 311,617.15

Liabilities
C a p ita l_________________ $ 50,000.00
Surplus ________________
188,689.94
Notes p a y a b le _________
67,000.00
Other liabilities _______
5,927.21
$ 311,617.15

Forty-Third Report

LISTINGS OF FIFTY-ONE CREDIT UNIONS W ITH COMBINED
STATEMENTS OF ASSETS AND LIABILITIES
OF FIFTY CREDIT UNIONS REPORTED
AS OF DECEMBER 31, 1956
Assets
Loans ___________________________________________________$1,979,093.14
465,714.04
Bonds and S ecu rities____________________________________
Cash on Hand andin B a n k s _____________________________
249,334.94
Other A s s e t s ____________________________________________
52,957.32
TOTAL A S S E T S ___________________________________ $2,747,099.44
Liabilities
Shares and D e p o s its ____________________________________ $2,509,647.63
Guaranty Fund _________________________________________
98,465.05
Undivided Profits _____________________________________
89,406.00
Notes Payable __________________________________________
22,300.00
Dividends P a y a b le ______________________________________
15,587.59
11,693.17
Other Liabilities _______________________________________
TOTAL L IA B IL IT IE S _____________________________ $2,747,099.44
Total approximate number of members 12,652




143

State of Arkansas: Bank Department

144

W ILLIAM S ROOFING EMPLOYEES CREDIT UNION
CAMDEN, ARK AN SAS
December 31, 1956
(Liquidating)

Loans
Cash
and
Other

Assets
_______________
on hand
in b a n k s _____
assets ------------

526.36
586.60
107.00
$

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______
Other lia b ilitie s_________

1,205.11
3.81
.34
10.70
1,219.96

1,219.96

Approximate number of members 51

LION OIL CO-OPERATIVE SAVINGS & CREDIT ASSOCIATION
EL DORADO, A RK AN SAS
December 31, 1956

Loans
Bonds
Cash
and
Other

Assets
__________________ $ 151,342.60
and s e c u r itie s _ 261,050.00
on hand
in b a n k s ________
50,997.75
41,552.67
assets __________

Liabilities
Shares ____________
Guaranty fund ___
Undivided profits _
Dividends payable _
Other lia b ilitie s___

462,420.35
11,874.28
9,094.55
14,281.62
7,272.22
504,943.02

$ 504,943.02
Approximate number o f members 1,208

P AN -AM EL DORADO EMPLOYEES CREDIT UNION
EL DORADO, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ $
Bonds and s e c u r itie s __
Cash on hand
and in b a n k s ________
Other assets __________
$

30,128.81
872.68
5,399.67
308.48

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______
Other lia b ilitie s________

31,934.96
1,238.27
2,173.17
1,363.24

$

36,709.64

36,709.64

Approximate number o f members 310




Forty-Third Report

145

ARK AN SAS W ESTERN EMPLOYEES CREDIT UNION
FAYETTEVILLE, A RK A N SA S
December 31, 1956
Assets
L o a n s __________________ $
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

48,334.92
48,965.40
2,436.69
127.50

Liabilities
Shares and d e p o sits ____$
Guaranty fund ________
Undivided p r o f i t s ______
Other lia b ilitie s________

92,703.91
3,625.26
2,727.94
807.40

$

99,864.51

99,864.51

Approximate number of members 138

WASHINGTON COUNTY FEDERAL EMPLOYEES CREDIT UNION
FAYETTEVILLE, ARK ANSAS
December 31, 1956

Loans
Cash on hand
and in banks
Other assets

Assets
-----------$

390.00
347.52
53.44

$

Liabilities
----- $
Shares
Guaranty f u n d _
Other lia b ilitie s_

730.16
9.36
51.44
$

790.96

1,574.25

Liabilities
Shares _
$
Guaranty fund
Undivided profits _

3,099.13
14.37
4.47

3,117.97

$

3,117.97

790.96

Approximate number of members 18

THE COCA-COLA CREDIT UNION
FORT SMITH, ARKANSAS
December 31, 1956
Assets
Loans _
Cash on hand
and in banks _




$

$

1,543.72

Approximate number of members 52

146

State of Arkansas: Bank Department

SEBASTIAN FED ERAL EMPLOYEES CREDIT UNION
FORT SMITH, A RK AN SAS
December 31, 1956
Assets
Loans _________
Cash on hand
and in banks

20,951.35
1,188.03
$

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s _______
Notes payable ________

22,139.38

20,224.38
338.24
776.76
800.00
22,139.38

Approximate number of members 116

APALCO 6 CREDIT UNION
HOT SPRINGS, A RK AN SAS
December 31, 1956

Loans
Cash
and
Other

Assets
-----------------------on hand
in b a n k s -------assets ------------

3,807.91
597.60
23.60
$

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______

4,429.11

4,278.09
58.82
92.20
4,429.11

Approximate number o f members 109

ARLINGTON HOTEL CREDIT ASSOCIATION
HOT SPRINGS, ARK AN SA S
December 31, 1956
Assets
L o a n s __________________ $
Cash on hand
and in b a n k s ________

23,257.76

$

27,585.33

4,327.57

Liabilities
Shares ________________
Guaranty fund _______
Undivided p r o f i t s _____

Approximate number o f members 190




26,523.64
318.86
742.83
$

27,585.33

Forty-Third Report

147

HOT SPRINGS FED ERAL EMPLOYEES CREDIT UNION
HOT SPRINGS, ARK ANSAS
December 31, 1956
Assets
Loans __________________ :
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

79,340.08
3,100.30
3,662.29
588.12

Liabilities
Shares _________________ $
Guaranty fund _________
Undivided p r o f i t s ______
Other lia b ilitie s_________

79,281.89
3,447.89
3,640.64
320.37
86,690.79

86,690.79

Approximate number o f members 370

MAJESTIC HOTEL CREDIT ASSOCIATION
HOT SPRINGS, ARK ANSAS
December 31, 1956
Assets
Loans
Cash
and
Other

________
on hand
in banks
assets _

18,641.93
13,702.12
12.50
$

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______

32,356.55

29,817.53
1,106.71
1,432.31
32,356.55

Approximate number of members 129

AGRICULTURAL EXTENSION WORKERS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1956
Assets
L o a n s __________________ :
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
$

52,226.33
9,350.00
14,254.91

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

75,831.24

Approximate number o f members 217




67,793.94
4,477.33
3,537.97

22.00
75,831.24

148

State of Arkansas: Bank Department

ARK ANSAS DEMOCRAT CREDIT UNION
LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ $
Bonds and s e c u r itie s
Cash on hand
and in b a n k s ________

44,677.73
2,000.00

$

53,744.42

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______

48,333.76
3,226.12
2,184.54

$

53,744.42

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______
Other lia b ilitie s_________

13,115.33
79.27
100.28
10.00

7,066.69

Approximate number o f members 156

ARK ANSAS MAID CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
Loans _________
Cash on hand
and in banks
Other assets _

10,914.00
1,972.86
418.02
$

13,304.88

13,304.88

Approximate number o f members 146

ARK LA G A S CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
L o a n s __________________ 1
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets ---------------$

82,266.74
9,867.61
4,322.64
153.83

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

96,610.82

Approximate number of members 330




86,221.83
4,845.17
5,363.69
180.13
$

96,610.82

Forty-Third Report

149

CAPITOL CREDIT UNION
LITTLE ROCK, ARK ANSAS
December 31, 1956
Assets
L o a n s __________________ $ 125,092.88
Bonds and s e c u r itie s _
5,033.00
Cash on hand
and in b a n k s ________
7,365.68
Other assets _________________ 318.33

Liabilities
Shares _________________ $ 132,315.31
Guaranty fund ________
3,859.28
Undivided p r o f i t s ______
1,635.30

$ 137,809.89

$ 137,809.89

Approximate number of members 527

CENTRAL TRADES COUNCIL CREDIT UNION
LITTLE ROCK, ARK ANSAS
December 31, 1956
Assets
L o a n s __________________ $
Bonds and s e c u r itie s
Cash on hand
and in b a n k s ________

23,443.01
5.00

$

26,344.70

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______

25,541.33
479.30
324.07

$

26,344.70

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ______

70,617.68
2,694.63
1,186.15

$

74,498.46

2,896.69

Approximate number o f members 301

DEPARTM ENT OF LABOR CREDIT UNION
LITTLE ROCK, ARK ANSAS
December 31, 1956
Assets
Loans __________________ $
Bonds and S e cu ritie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

62,309.31
9,370.00
2,719.15
100.00
74,498.46

Approximate number of members 243




150

State of Arkansas: Bank Department

ENGINEERS CREDIT UNION
LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ :
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
$

59,012.95
10,000.00
5,639.60

Liabilities
Shares __________
Guaranty fund _
Undivided profits
Notes payable _
Other liabilities _

74,652.55

63,479.52
2,821.82
2,276.82
6,000.00

74.39
$

74,652.55

Approximate number of members 353

FAG AN CREDIT UNION
LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ $
Cash on hand
and in b a n k s ________

3,736.65

$

4,636.96

900.31

Liabilities
Shares ________________
Guaranty fund _______
Undivided p r o f i t s _____

4,559.01
26.19
51.76
4,636.96

Approximate number o f members 48

FEDERATION CREDIT UNION
LITTLE ROCK, ARK AN SA S
December 31, 1956
Assets
L o a n s __________________ $
Bonds and s e c u r itie s
Cash on hand
and in b a n k s ________

80,352.36
9,745.00

$

91,385.05

Liabilities
Shares and d e p o sits ------ $
Guaranty fund ________
Undivided p r o f i t s ______

81,099.70
6,676.24
3,609.11

$

91,385.05

1,287.69

Approximate number o f members 372




Forty-Third Report

151

FRAN K E’S CREDIT UNION
LITTLE ROCK, ARK ANSAS
December 31, 1956

Loans
Cash on hand
and in banks

Assets
-----------$

653.02
4,727.98

$

Liabilities
S h a r e s ____ _
Guaranty fund
Undivided profits _ .
Other liabilities

5,381.00

4,423.67
869.35
67.23
20.75
$

5,381.00

25,326.07
865.45
1,158.53
5,500.00
32,850.05

Approximate number o f members 92

GAZETTE EMPLOYEES’ CREDIT UNION
LITTLE ROCK, ARK ANSAS
December 31, 1956
Assets
Loans
—$
Bonds and securities
Cash on hand
and in banks

28,811.78
2,551.85
1,486.42

Liabilities
S h a r e s ________
_$
Guaranty fund
Undivided profits
Notes payable

$

32,850.05

$

Approximate number of members 177

KEM BA-LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
Loans __________________ :
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________

102,454.87
10,740.00

Liabilities
Shares _________
Guaranty fund _
Undivided profits

19,043.81

$ 132,238.68
Approximate number o f members 397




116,432.44
7,799.70
8,006.54
132,238.68

State of Arkansas: Bank Department

152

LITTLE ROCK M UNICIPAL W ATER WORKS EMPLOYEES’
CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956

1,809.81

Liabilities
Shares and d e p o s its ------$
Guaranty fund ________
Undivided p r o f i t s ______
Other lia b ilitie s________

9,019.45
630.35
406.95
51.26

10,108.01

$

10,108.01

Assets
L o a n s __________________ $
Bonds and s e c u r itie s
Cash on hand
and in b a n k s ________

5,098.20
3,200.00

$

Approximate number o f members 79

LITTLE ROCK POSTAL CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
L o a n s __________________ $ 143,753.68
Bonds and s e c u r itie s _
10,007.00

Liabilities
Shares _________________ $ 146,547.98
12,161.10
Guaranty fund ________

Cash on hand

Undivided p r o f i t s _______

and in b a n k s ------------Other assets __________

7,728.41

12,512.04
164.77
$. 166,437.49

$ 166,437.49

Approximate number o f members 509

PULASKI COUNTY EMPLOYEES CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
L o a n s __________________ $
Cash on hand
and. in b a n k s ________
Other assets __________




$

1,390.00
634.29
47.80

Liabilities
Shares ________________
Guaranty fund _______
Undivided p r o f i t s _____

2,072.09

Approximate number o f members 64

2,045.00
17.00
10.09
$

2,072.09

Forty-Third Report

153

SOUTHWEST HOTELS CREDIT ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1956
Assets
L o a n s __________________ $
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

30,946.08
30,000.00
7,220.34
30.20

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

64,584.85
3,260.70
348.71
2.36
68,196.62

68,196.62

Approximate number o f members 326

STATE CENTRAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1956
Assets
Loans __________________ :
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

20,830.88
500.00
3,371.42
73.20

Liabilities
Shares __________
Guaranty fund _
Undivided profits
Notes payable _
Other liabilities _

22,093.41
524.42
625.99
1,500.00
31.68
24,775.50

24,775.50

Approximate number of members 119

TELCOE CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1956
Assets
Loans __________________
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________

282,729.83
9,629.09
7,152.68
1,274.90

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

$ 300,786.50
Approximate number of members 1,408




277,314.09
7,475.48
15,514.26
482.67
$ 300,786.50

154

State of Arkansas: Bank Department

U. D. CREDIT UNION
LITTLE ROCK, ARK AN SA S
December 31, 1956
Assets
Loans _______________
Cash on hand
and in banks _____
Other assets ________

41,365.98
2,240.75
61.92
$

Liabilities
Shares _________________ $
Guaranty fund _________
Undivided p r o f i t s _______
Notes payable _________
Dividends p a y a b le ______

43,668.65

39,653.58
873.15
835.95
1,000.00
1,305.97
43,668.65

Approximate number o f members 275

U. S. TIME EMPLOYEES CREDIT UNION
LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
Loans _______________
Bonds and securities
Cash on hand
and in b a n k s _____
Other assets _______

40,320.51
5.00
5,815.47
3,207.19

Liabilities
Shares _________________ $ 46,887.07
Guaranty fund ________
1
587.42
Undivided p r o f i t s ______
1,219.81
Other lia b ilitie s________
653.87

49,348.17

$

49,348.17

Approximate number o f members 516

VETERAN S ADM INISTRATION EMPLOYEES CREDIT UNION
LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
Loans __________________
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________

37,527.85
5,000.00
8,231.96
230.46
$

Liabilities
Shares _________________ $
Guaranty fund _________
Undivided p r o f i t s ______
Other lia b ilitie s_________

50,990.27

Approximate number o f members 274




46,316.63
2,736.23
1,907.83
29.58
50,990.27

Forty-Third Report

155

Y. A. HOSPITAL CREDIT UNION
LITTLE ROCK, ARK ANSAS
December 31, 1956
Assets
Loans __________________ $
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

57,708.67
800.00

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s ---------

58,851.41
1,423.40
786.34

$

61,061.15

Liabilities
Shares _________________ $
Guaranty fund ________
Undivided p r o f i t s _______
Other lia b ilitie s_________

911.25
17.08
5.34
76.80

2,452.50
99.98
61,061.15

Approximate number of members 285

O. M. C. CREDIT UNION
MORRILTON, ARKANSAS
December 31, 1956
Assets
Loans ________
Cash on hand
and in banks
Other assets _

790.00
138.17
82.30
$

1,010.47

1,010.47

Approximate number o f members 53

VICTOR M ETALS EMPLOYEES CREDIT UNION
NEWPORT, ARK AN SAS
Permit February 19, 1957

CAMERON FEED MILLS EMPLOYEES CREDIT UNION
NORTH LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ $
Cash on hand
and in b a n k s ________
Other assets __________




$

2,293.83
923.38
3.50

Liabilities
Shares ________________
Guaranty fund _______
Undivided p r o f i t s _____

3,220.71

Approximate number o f members 54

3,179.70
23.00
18.01
$

3,220.71

156

State of Arkansas: Bank Department

THE FORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARK AN SAS
December 31, 1956
Assets
L o a n s __________________ I
Bonds and s e c u r itie s __
Cash on hand
and in b a n k s ________
Other assets __________

123,462.32
18,367.82
17,699.10

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

152,221.17
4,244.31
3,143.76

20.00

100.00

159,629.24

$ 159,629.24
Approximate number of members 679

NORTH LITTLE ROCK EDUCATORS CREDIT UNION
NORTH LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ $
Cash on hand
and in b a n k s ________
Other assets __________
$

450.01

Liabilities
Shares ________________
Guaranty fund _______

1,043.50
15.75

531.70
77.54
1,059.25

1,059.25

Approximate number o f members 62

NORTH LITTLE ROCK-MISSOURI PACIFIC CREDIT UNION
NORTH LITTLE ROCK, A RK AN SAS
December 31, 1956
Assets
L o a n s __________________ l
Bonds and s e c u r itie s _
Cash on hand
and in b a n k s ________
Other assets __________
$

35,550.20
1,777.04
6,483.53

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

212.00

44,022.77

Approximate number of members 778




40,524.22
1,779.73
1,699.07
19.75
44,022.77

Forty-Third Report

157

OSCEOLA FOODS EMPLOYEES CREDIT UNION
OSCEOLA, ARKANSAS
December 31, 1956
Assets
L o a n s _________________ $
Bonds and secu rities
Cash on hand
and in b a n k s________

2,841.70
1,400.00

$

5,369.84

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______

5,075.06
102.05
192.73

$

5,369.84

1,128.14

Approximate number of members 58

MISSOURI PACIFIC PARAGOULD CREDIT UNION
PARAGOULD, ARKANSAS
December 31. 1956
Assets
L o a n s _________________ $
Bonds and secu rities_
Cash on hand
and in b a n k s________
Other assets __________
$

21,115.00
877.25
841.21
125.00

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities________

19,863.35
877.25
2,149.61
68.25
22,958.46

22,958.46

Approximate number of members 152

KILOWATT CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1956
Assets
L o a n s _________________ $
Cash on hand
and in b a n k s________
■Other assets __________
$

14,545.35
1,221.31
64.15

Liabilities
Shares ----------------------Guaranty fund ---------Undivided p r o fit s -------

15,830.81

Approximate number o f members 156




15,144.90
188.00
497.91
$

15,830.81

158

State of Arkansas: Bank Department

P. B. M. CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1956
Assets
Loans ________
Cash on hand
and in banks
Other assets _

5,136.98
1,303.37
90.36
$

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______

6,128.44
117.19
285.08
6,530.71

6,530.71

Approximate number of members 68

400 CREDIT UNION
SEARCY, ARKANSAS
December 31, 1956
Assets
Loans ______________
Cash on hand
and in banks -------Other assets _______

5,679.58
121.59
107.21
$

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities________

5,641.49
39.00
188.42
39.47
5,908.38

5,908.38

Approximate number of members 154

ARKANSAS GRANGE CREDIT UNION
SPRINGDALE, ARKANSAS
December 31, 1956
Assets
L o a n s _________________ $
Cash on hand
and in b a n k s ________
Other assets __________




$

473.75

Liabilities
Shares _______________
Guaranty fund _______

784.50
9.59

232.08
88.17
794.00

Approximate number of members 38

794.00*

Forty-Third Report

159

WELCH EMPLOYEES CREDIT UNION
SPRINGDALE, ARKANSAS
December 31, 1956
Assets
L o a n s _________________ !
Bonds and secu rities_
Cash on hand
and in b a n k s ________
Other assets __________
$

3,929.09
1,500.00
987.21
2,574.59

Liabilities
Shares _________
Guaranty fund _
Undivided profits
Other liabilities _

8,455.60
166.74
360.91
7.58
$

8,990.89

Liabilities
Shares ________________ $
Guaranty fund ________
Undivided p r o fit s ______
Other liabilities________

19,022.35
116.01
257.02
4.88

8,990.89

Approximate number of members 80

A. T. S. CREDIT UNION
STATE SANATORIUM, ARKANSAS
December 31, 1956
Assets
Loans ________
Cash on hand
and in banks
Other assets _

14,671.56
4,661.62
67.08
$

19,400.20

19,400.26

Approximate number of members 175

CO-OP CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1956
Assets
L e a n s _________________ $
Cash on hand
and in b a n k s________
Other assets __________

2,710.99
56.39

$

9,314.91




6,547.53

Liabilities
Shares ----------------------Guaranty fund ---------Undivided p r o fit s -------

Approximate number o f members 44

8,793.05
76.97
444.89
$

9,314.91

160

State of Arkansas: Bank Department

MILLWAY CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1956
Assets
L o a n s _________________ $
Cash on hand
and in b a n k s ________
Other assets __________
$

25,467.58
232.87
306.23

Liabilities
$
Shares _________
Guaranty fund _
Undivided profits
Notes payable _
Other liabilities _

17,605.59
237.00
591.71
7,500.00
72.38

$

26,006.68

26,006.68

Approximate number of members 168

STRICKLAND EMPLOYEES CREDIT UNION
TEXARKANA, ARKANSAS
December 31, 1956
Assets
L o a n s _________________ $
Cash on hand
and in b a n k s ________
Other assets --------------$•

249.91

Liabilities
Shares _______________
Guaranty fund _______

172.89
48.89
471.69

Approximate number of members 28




461.19
10.50

471.69

Forty-Third Report

161

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

162

State of Arkansas: Bank Department

ISSUERS REGISTERED BY QUALIFICATION IN ARKANSAS
UNDER ACT 397 OF 1947
June 30, 1957
Affiliated Fund, Inc_______________________
Amco Investment Company, Inc___________
American Business Shares, Inc_____________
American Mutual Fund, Inc._______________
American Novaculite Corp_________________
American Shopping Centers, Inc__________
American Trusteed Funds, Inc--------------------Arkansas Business Development Corp.______
Arkansas Chemical Company______________
Arkansas Development Corp________________
American Frontier Corp----------------------------Arkansas Frozen Foods, Inc_______________
Arkansas Glass Container Corp___________
Arkansas Radio & Appliance Company--------Arkansas Valley Corp-----------------------------Associated Fund Trust____________________
Atomic Development Mutual Fund, Inc-------Axe-Houghton Fund A., Inc________________
Axe-Houghton Fund B., Inc-----------------------Axe-Houghton Stock Fund, Inc____________
Axe Science & Electronics Corp___________
Blue Ridge Mutual Fund, Inc_______________
Bond Fund of Boston_____________________
Bond Investment Trust of America________
Boston Fund, Inc-------------------------------------Broad Street Investing Corp---------------------Canada General Fund (1954) Limited_______
Canadian Fund, Inc-----------------------------------Canadian International Growth Fund, Ltd.The Central Transformer Corp______________
Century Shares Trust______________________
Chapel Hill Memorial Park Cemetery, Inc__
Chemical Fund, Inc_______________________
Coastal Chemical Corp-----------------------------The Colonial Fund, Inc.____________________
The Commercial Corp---------------------------------Commonwealth Investment Company_______
Commonwealth Stock Fund, Inc____________
Concord Fund, Inc_________________________
Corporate Leaders of America, Inc__________
Cresswell-Keith Mining Trust______________
Crown Western Investments, Inc___________
Development Corporation for Israel________
Diversified Growth Stock Fund, Inc_________
Diversified Investment Fund, Inc____________
Dividend Shares, Inc______________________
The Dreyfus Fund, Inc____________________
The Dreyfus Investment Program__________
Drummond Funeral Home, Inc___________ L_.
Duracraft Boats, Inc______________________
Dykes Associates, Inc_____________________
Eaton & Howard Balanced Fund, Inc_______
Eaton & Howard Stock Fund, Inc__________
Empire Life Insurance Company of America.
Federated Plans, Inc______________________
Fidelity Fund, Inc_________________________
Fidelity Investment Company______________



_New York, New York
-Little Rock, Arkansas
-New York, New York
_Los Angeles, Calif.
-Little Rock, Arkansas
-Minneapolis, Minnesota
_New York, New York
-Little Rock, Arkansas
-Malvern, Arkansas
-Morrilton, Arkansas
-Memphis, Tennessee
-Little Rock, Arkansas
^Jonesboro, Arkansas
-Little Rock, Arkansas
-North Little Rock, Ark.
_St. Louis, Missouri
-Washington, D. C.
-Tarrytown, New York
-Tarrytown, New York
-Tarrytown, New York
-Tarrytown, New York
-New York, New York
-Boston, Massachusetts
-Boston, Massachusetts
-Boston, Massachusetts
-New York, New York
-Ontario, Canada
-New York, New York
-Englewood, New Jersey
-Little Rock, Arkansas
-Boston, Massachusetts
-Little Rock, Arkansas
-New York, New York
-Yazoo City, Mississippi
-Boston, Massachusetts
-Little Rock, Arkansas
_San Francisco, Calif.
-San Francisco, Calif.
-Boston, Massachusetts
-New York, New York
-Hot Springs, Arkansas
-Dallas, Texas
-New York, New York
-Elizabeth, New Jersey
-Elizabeth, New Jersey
-New York, New York
-New York, New York
-New York, New York
_Little Rock, Arkansas
-Monticello, Arkansas
_Uiittle "Rock, Arkansas
-Boston, Massachusetts
-Boston, Massachusetts
-Little Rock. Arkansas
.Worcester, Mass.
-Boston. Massachusetts
-Little Rock, Arkansas

Forty-Third Report

163

Financial Industrial Fund, Inc__________________
Founders Mutual Depositor Corp________________
Frozen Foods Realty Corp_____________________
Fundamental Investors, Inc____________________
Gas Industries, Fund Inc______________________
Group Securities, Inc__________________________
Guaranty Loan & Real Estate Company-------------Hamilton Fund, Inc____________________________
The Income Fund of Boston, Inc-----------------------Incorported Income Fund_______________________
Incorporated Investors__________________________
Institutional Income Fund, Inc-----------------------Institutional Shares, Ltd_______________________
International Resources Fund, Inc______________
Investment Company of America_______________
Investment Trust of Boston__________________
Investors Group Canadian Fund, Ltd.__________
Investors Mutual, Inc__________________________
Ivestors Selective Fund________________________
Investors Stock Fund__________________________
Investors Syndicate of America, Inc___________
Investors Variable Payment Fund, Inc--------------Keystone Custodian, Inc_______________________
Keystone Fund of Canada, Ltd._________________
Lexington Trust Fund Shares__________________
Managed Funds, Inc__________________________
Manhattan Bond Fund, Inc------------------------------Massachusetts Investors Growth Stock Fund, Inc.
Massachusetts Investors Trust_________________
Millsap Oil & Gas Company___________________
Mississippi Valley Company___________________
Mississippi Valley Portland Cement Company____
E. M. Moore Enterprise, Inc___________________
National Investors Corp_______________________
The National Investors Life Insurance Company _
National Securities & Research Corp.___________
North Little Rock Funeral Home, Inc___________
Northwest Production Corp____________________
Oresco, Inc________________________ _____________
Ozark National Life Insurance Company________
Park Avenue Foundations, Inc__________________
Pastel Oil Corp________________________________
Peoples Finance Company______________________
Peoples Indemnity Insurance Company_________
Pigeon Hole Parking of Little Rock, Arkansas.
Pioneer Fund, Inc._____________________________
The Polymer Corporation_______________________
Preferred Risk Insurance Company____________
Professional Life Insurance Company__________
Private Investment Fund for
Government Personnel, Inc________________
The George Putnam Fund of Boston___________
Rare Metals Corporation of America__________
William A. Saunders & Pearl M. Saunders______
Scudder, Stevens & Clark Fund, Inc____________
Scudder, Stevens & Clark Fund, Inc____________
Selected American Shares, Inc.__________________
Southern Equitable Life Insurance Company____
Southwestern Investors, Inc____________________
Television Electronics Fund, Inc________________
Txeas Fund, Inc_______________________________

..Denver, Colorado
..Denver, Colorado
..Little Rock, Arkansas
—Elizabeth, New Jersey
—Boston, Massachusetts
—Jersey City, N. J.
—West Memphis, Ark.
—Denver, Colorado
—Boston, Massachusetts
—Boston, Massachusetts
—Boston, Massachusetts
—New York, New York
—New York, New York
—Los Angeles, Calif.
—Los Angeles, Calif.
—Boston, Massachusetts
..Montreal, Canada
—Minneapolis, Minnesota
—Minneapolis, Minnesota
—Minneapolis, Minnesota
—Minneapolis, Minnesota
—Minneapolis, Minnesota
—Boston, Massachusetts
—Montreal, Canada
—New York, New York
—St. Louis, Missouri
—Elizabeth, New Jersey
—Boston, Massachusetts
—Boston, Massachusetts
.. Wilmington, Delaware
-Jonesboro, Arkansas
—Jackson, Mississippi
—Pine Bluff, Arkansas
—New York, New York
—Little Rock, Arkansas
—New York, New York
—North Little Rock, Ark.
—Albuquerque, N. M.
-Yellville, Arkansas
-L ittle Rock, Arkansas
—Turrell, Arkansas
—Berryville, Arkansas
-Helena, Arkansas
-Conway, Arkansas
-L ittle Rock, Arkansas
-N e w York, New York
-Reading, Pennsylvania
-Fayetteville, Arkansas
-F o rt Smith, Arkansas




-Washington, D. C.
-Boston, Massachusetts
-N e w York, New York
.Little Rock, Arkansas
-Boston, Massachusetts
-Boston, Massachusetts
-Chicago, Illinois
-L ittle Rock, Arkansas
-Dallas, Texas
-Chicago, Illinois
-Houston, Texas

164

State of Arkansas: Bank Department

Trans-Continental Life & Accident Insurance Company-Little Rock, Arkansas
Tri-County Meat Packers, Inc________________________ West Helena, Arkansas
Trinity National Casualty Company_________________ Little Rock, Arkansas
Union Paving Company, Inc_________________________ El Dorado, Arkansas
United Funds, Inc__________________________________ Kansas City, Missouri
Accumulative Fund_____________ Continental Fund
Income Fund and Accumulative Fund-Science Fund
United Funds Canada, Ltd_________________________ Ontario, Canada
United Specialties, Inc______________________________ El Dorado, Arkansas
The Value Line Income Fund, Inc__________________ New York, New York
The Value Line Fund, Inc___________________________ New York, New York
The Value Line Special Situations Fund, Inc_________ New York, New York
Wall Street Investing Corp_________________________ New York, New York
Washington Mutual Investors Fund, Inc_____________ Washington, D. C.
The Wellington Company__________________________Claymont, Delaware
Winrock Enterprises, Inc___________________________ Morrilton, Arkansas
World Wide Life Insurance Company________________ Morrilton, Arkansas




Forty-Third Report

165

ISSUERS REGISTERED BY NOTIFICATION IN ARKANSAS
UNDER ACT 397 OF 1947
June 30, 1957
Acme Steel Company_______________________________New York, New York
Allegheny Ludlam Steel Corp-----------------------------------Pitsburg, Pa.
Aluminum Company of America___________________ _New York, New York
American Brake Shoe Company_____________________ New York, New York
American & Foreign Power Company,Inc___________ New York, New York
American Machine & FoundryCompany______________New York, New York
Associates Investment Company____________________ New York, New York
Atlas Sewing Centers, Inc----------------------------------------Miami, Florida
Bucyrus Erie Company________________ ;------------------ New York, New York
Carpenter Paper Company__________________________ Omaha, Nebraska
Central and Southwest Corp________________________ Chicago, Illinois
Central Surgical Company, Inc______________________ Little Rock, Arkansas
Collins Radio Company______________________________New York, New York
Columbia Gas System, Inc__________________________ New York, New York
Continental Air Lines_______________________________Denver, Colorado
Continental Gin Company___________________________ Birmingham, Alabama
Controls Company of America______________________ Chicago, Illinois
The Crossett Company_____________________________New York, New York
Detrex Chemical Industries, Inc_____________________Detroit, Michigan
Douglas Aircraft Company_________________________ Los Angeles, Calif.
Dresser Industries, Inc_____________________________ Dallas, Texas
El Paso Natural Gas Company_____________________ El Paso, Texas
The Fisher Brothers Company_____________________ Cleveland, Ohio
Fisher Governor Company_________________________ Marshalltown, Iowa
General Insurance Investment Company_____________ Dallas, Texas
General Life Insurance Company of Arkansas________Little Rock, Arkansas
General Motors Corp_______________________________ Detroit, Michigan
General Precision Equipment Corp___________________New York, New York
General Telephone Corp____________________________ New York, New York
Home Oil Company, Ltd____________________________ New York, New York
International Bank of Reconstruction & Development_Washington, D. C.
International Business Machines Corp______________ New York, New York
International Paper Company_______________________ New York, New York
Jewel Tea Company, Inc____________________________ Melrose Park, Illinois
Kaiser Industries Corp______________________________ New York, New York
Kerr-McGee Industries, Inc_________________________ Oklahoma City, Okla.
R. H. Macy & Company, Inc_________________________ New York, New York
Mexico Refractories Company_______________________ St. Louis, Missouri
Missouri Portland Cement Company_________________ St. Louis, Missouri
North American Aviation, Inc_______________________ Los Angeles, Calif.
Owens-Corning Fiberglass Corp_____________________New York* New York
Peabody Coal Company______________________________New York, New York
Phillips Petroleum Company_________________________ New York, New York
Pittsburg Plate Glass Company_____________________ Pittsburg, Pa.
Reynolds Metal Company__________________________ New York, New York
Rohr Aircraft Corp_________________________________ New York, New York
Schick, Inc--------------------------------------------------------------- New York, New York
Socony Mobil Oil Company_________________________ New York, New York
Southern Extrusions, Inc____________________________ Magnolia, Arkansas
Sperry Rand Corp------------------------------------------------------New York, New York
The Standard Oil Company_________________________ New York, New York
The Standard Register Company____________________ New York. New York
The Texas Company________________________________Bellaire, Texas
Texas Gulf Sulphur Company_______________________ New York, New York
Topp Industries, Inc------------------------------------------------- Los Angeles, Calif.
Trans-Canada Pipe Lines, Ltd_______________________ Alberta, Canada



166

State of Arkansas: Bank Department

Transcontinental Gas Pipe Line Corp------------------------ New
Uderwood Corp----------------------------------------------------------New
United States Shoe Corp____________________________ New
Westinghouse Electric Corp__________________________ New




York,
York,
York,
York,

New
New
New
New

York
York
York
York

Forty-Third Report

167

DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT
SECURITIES IN ARKANSAS AS OF JUNE 30, 1957
Argodale Investment Sales---------------------------------------- Hot Springs, Arkansas
Arkansas Business Development Corp----------------------Little Rock, Arkansas
Arkansas Development Corp._______________________ Morrilton, Arkansas
Arkansas Securities Corp___________________________ Hot Springs, Arkansas
Arkansas Valley Corp_____________________________ North Little Rock, Ark.
Associated Fund, Inc.________________________________ St. Louis, Missouri
Edgar M. Bacharach, an individual__________________ Helena, Arkansas
Walter R. Bass Company____________________________Little Rock, Arkansas
Blyth & Company, 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
Clisbee & Company, Inc_____________________________ 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, Investments______________________ Fort Smith, Arkansas
Eppler, Guerin & Turner, Inc---------------------------------- Texarkana, Arkansas
Equitable Securities Corp----------------------------------------- Nashville, Tennessee
Federated Plans, Inc_______________________________ Worcester, Mass.
Fif Associates, Inc.________________________________ Denver, Colorado
The First Boston Corp-------------------------------------------- Boston, Massachusetts
Van Grant & Company---------------------------------------------Salt Lake City, Utah
A. L. Green, an individual___________________________ El Dorado, Arkansas
Henry Hagelstein-----------------------------------------------------Harrison, Arkansas
Hamilton Management Corp_________________________Denver, Colorado
Hill, Crawford & Lanford, Inc_______________________Little Rock, Arkansas
Gilbert Howell Company____________________________ Little Rock, Arkansas
Investors Diversified Services, Inc.__________________ Minneapolis, Minnesota
Jeff port Corp------------------------------------------------------------ Houston, Texas
Kurt Kauffman, an individual_______________________ Hot Springs, Arkansas
E. Davis Kolb, Investments_______________________ Fort Smith, Arkansas
McDonald, Evans & Company_______________________ Kansas City, Missouri
Merrill Lynch, Pierce, Fenner & Beane______________ New York, New York
King Merritt & Company, Inc________________________ New York, New York
Mississippi Chemical Corp__________________________ Yazoo City, Mississippi
B. C. Morton & Company____________________________Boston, Massachusetts
National Security Corp_____________________________ Little Rock, Arkansas
Nunn-Groves Company______________________________Little Rock, Arkansas
Raney Investment Company, Inc____________________ New York, New York
T. J. Raney & Sons_________________________________ New York, New York
Reinholdt & Gardner________________________________St. Louis, Missouri
Renyx, Field & Company, Inc------------------------------------ New York, New York
Salomon Brothers & Hutzler________________________ New York, New York
Scudder Fund Distributors, Inc______________________New York, New York
Securities Management Corp________________________ Dallas, Texas
Sharp-Kellar Security Company____________________ Conway, Arkansas
Slayton & Company, Inc------------------------------------------- St. Louis, Missouri
Southern Securities Corp____________________________ Little Rock, Arkansas
Southwest Securities, Inc_____ ^------------------------------- Little Rock, Arkansas
Robert L. Spear, Investments------------------------------------- Fort Smith, Arkansas
Stephens Brothers, Investments____________________ Little Rock, Arkansas
Stephens, Inc------------------------------------------------------------ Little Rock, Arkansas
Dabbs Sullivan Company------------------------------------------ Tittle Rock. Arkansas
Thomson & McKinnon_______________________________ New York, New York
E. L. Villareal & Company-----------------------------------------Little Rock, Arkansas



168

State of Arkansas: Bank Department

Waddell & Reed, Inc__________
Walston & Company, Inc_____
Walton & Company, Inc_____
Caleb C. Watson, an individual.
Sam Watson Company_______
Womeldorff & Lindsey_______




Kansas City, Missouri
San Francisco, Calif.
Little Rock, Arkansas
Jonesboro, Arkansas
Little Rock, Arkansas
Little Rock, Arkansas