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Seventy-Fou rth Annual
REPORT OF
THE
BANK COMMISSIO NER
OF ARKANSAS
1988
BILL CLINTON
Governor
BILL J. FORD
Bank Commissioner
FOR THE YEAR ENDED JUNE 30, 1988
2
State of Arkansas:
Bank Department
STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT
August 31, 1988
Honorable Bill Clinton
Governor of Arkansas
Little Rock, Arkansas 72201
Dear Sir:
In compliance with the provisions of Act 113 of 1913 (now found in section
23-31-215, Arkansas Code of 1987 annotated), I submit foryourconsideration
and information the Seventy-fourth Annual Report of the State Bank
Department for the fiscal year ended June 30, 1988. The financial and
statistical information contained in this report has been compiled from the
Reports of Condition submitted by the state-chartered banks to this office.
At June 30, 1988, there were 172 state-chartered commercial banks, 2 Trust
companies, 3 Industrial Loan Institutions, and 1 non-profit organization for a
total.of 178 financial institutions.
The assets of the state banks totaled $8,482,066,000 at June 30, 1988. Total
assets this time last year were $8,228,057,000-a dollar increase of
$254,009,000 or 3.09%.
During the past fiscal year one state-chartered bank, Peoples Bank,
Mammoth Spring, converted to a national charter. Also, The Bank of Imboden,
Imboden, was purchased through the Federal Deposit Insurance Corporation's 13(c) federally assisted "buy-out" program.
The State Bank Department performed 101 commercial bank examinations,
18 bank visitations, 17 trust department examinations and 43 bank holding
company examinations during the 87-88 fiscal year. Numerous investigations
were initiated as a result of citizens' complaints or inquiries.
The mission of the State Bank Department for the upcoming fiscal year is to
utilize the authority vested by law as well as its personnel, staff and resources
to insure that sound financial practices are in place in the state's financial
institutions and to insure that financial services are available to meet public
demand and foster economic growth. The Department will continue its policy
of being an advocate of banking and seeking every means available to improve
those financial institutions found to be in need of assistance.
The goals for the upcoming fiscal year are dictated by demands of the
financial industry environment and priorities established to regulate and
supervise in that environment. The present goals of the Department are as
follows:
Seventy-Fourth Report
3
-to restructure the Department to enable the staff to function more
efficiently to carry out the task as described in the mission statement;
-to improve the examination process through the continuance of an
intense education and training program;
-to continue an examination and visitation schedule designed to monitor
the quality of the state's financial institutions;
-to improve the off-site monitoring and analysis of the state's financial
institutions designed to detect weaknesses as they develop;
-to improve the communication network between the Department and the
financial institutions within its jurisdiction of supervision;
-to better communicate to the state's bankers opportunities available
through recent legislation and other governmental agencies which will
enable their banks to better support the Governor's Economic
Development Program;
-to prepare for the impact of regional and interstate banking in anticipation
of the passage of proposed legislation; and
-to achieve accreditation from the Conference of State Bank Supervisors
thus strengthening the Department through self-evaluation and selfimprovement.
The personnel and staff of the State Bank Department are pledged to the
accomplishment of the goals as stated and are dedicated to the fulfillment of
the mission of the Department.
Respectfully,
BILL J. FORD
Bank Commissioner
4
State of Arkansas: Bank Department
LEGAL HOLIDAYS
New Year's .................. .................. ................ January 1
Robert E. Lee's Birthday.·.................. ...... Third Monday in January
Martin Luther King's Birthday ......•........... .. Third Monday in January
George Washington's Birthday .................. Third Monday in February
Memorial Day .................. ...... : .............. Last Monday in May
Independence Day .................. .................. ............ July 4
Labor Day .................. .................. ........... First Monday in
September
Veteran's Day .................. .................. .......... November 11
Thanksgiving Day .................. .................. Fourth Thursday in
November
Christmas Eve .................. .................. ......... December 24
Christmas Day .................. .................. ......... December 25
All Bills of Exchange, Drafts, or Promissory Notes, which shall become
payable on a legal holiday shall be payable on the day next succeeding such
holiday. In case any legal holiday falls on Sunday, the next succeeding
Monday shall be a holiday in its stead.
Seventy-Fourth Report
5
COMMISSIONERS OF THE
STATE BANK DEPARTMENT
STATE OF ARKANSAS
Date of Appointment
No. Name
1. John M. Davis ...........•.. October 6, 1913
2. A. J. Reap .................. October 3, 1918
3. W. T. Maxwell ............... March 22, 1919
4. Charles McKee ........... September 1, 1921
5. Loid Rainwater ................ July 28, 1925
6. Walter E. Taylor ............ February 8, 1927
7. Marion Wasson ............ January 10, 1933
8. Grover S. Jernigan ......... January 12, 1937
9. Thomas W. Leggett ........ January 14, 1941
10. S. J. Dean ................. February 1, 1949
11. Ed. I. McKinley, Jr......... December 1, 1949
12. A. R. Merritt ................. March 14, 1953
13. Dick Simpson .............. February 8, 1955
14. H. C. Adams ................. March 3, 1967
15. Don R. Clark (Acting) ....... March, 16, 1979
16. B. J. Lambert, Jr.............. April 19, 1979
17. Marlin D. Jackson ............. April 15, 1983
18. Bill J. Ford ................. October 1, 1987
Date Service Ended
October 3, 191 fl
March 22, 1919
September 1, 1921
July 28, 1925
February 8, 1927
January 10, 1933
January 12, 1937
January 14, 1941
February 1, 1949
December 31, 1949
March 14, 1953
February 8, 1955
March 2, 1967
March 16, 1979
April 19, 1979
April 15, 1983
October 1, 1987
State of Arkansas: Bank Department
6
OFFICE
STATE BANK DEPARTMEN T
Tower Building, Suite 500
323 Center Street
Little Rock, Arkansas 72201-2613
Telephone: (501) 371-1117
DEPARTMEN TAL ROSTER
Bill J. Ford .........•....... .................. ....... Bank Commissioner
Don R. Clark ....•..........•. .............. Assistant Bank Commissioner
Ronny A. Clay ................. ............ Assistant Bank Commissioner
Candace A. Franks ............•..... .......•........ Department Attorney
Beth A. Wallis .................. •.............. Data Center Administrator
Gregory M. Stewart .................. ............... Bank Chief Examiner
Jacqui in J. Dicus .................• .... Director of Administrative Services
William A. Whitmore .................. .................. Financial Analyst
Patricia L. Wallis .................. .......•........ Accounting Supervisor
Mitch L. Vire .................. .................. ... Systems Programmer
Lisa K. Phillips .................. •................. ......... Accountant II
Brenda L. Strachan .................• ................. Executive Assistant
Cynthia L. Nixon ................. .............. Administrative Assistant I
E. Arminda Beaver ................. ..... Management Support Technician
Debbie L. Erickson .................. .................• ... Legal Secretary
Jane R. English .................• .................. ............ Secretary
Martha A. Harris .................. .................. ........... Secretary
R. Brannon Sloan ....•........•... ............... Administrative Assistant
AREA SUPERVISOR S
Larry M. Hillyard
Stephen L. Bryan
Mark R. Ryan
H. Wilks Marshall, Jr.
Luther Guinn
BANK HOLDING COMPANY SUPERVISOR
Carolyn J. Paschal
TRUST SUPERVISOR
Tom M. Narrell
Seventy-Fourth Report
7
FINANCIAL EXAMINER SUPERVISOR
William R. Milum
Dianne Curry
Neal T. Ainley
Peter G. Fotioo
Julian E. Rainey
Richard D. Buzbee
James M. Franklin, Jr.
Gary G. Kleck
R. Bruce Branch, Jr.
M. Diane Wright
William 0. Hall
David W. Dudley
FINANCIAL EXAMINER II
John B. Frazer
H. R. Dortch, Jr.
Nathan E. Gairhan, Jr.
Troy D. Duke
FINANCIAL EXAMINER I
John T. Suskie
James A. Myatt
Polly A. Jenkins
Marivel Tounzen
Ike M. McEntire
Luke B. Webre
FINANCIAL EXAMINER TRAINEE
John R. French
Grant E. Fortson
Gary C. Oltmann
Bradley W. Day
P. Ted Finkbeiner, Ill
Neil A. Wilkins, Jr.
Jonathan W. Harrell
Mary Beth Freeman
Joseph W. Ruddell
Rodney M. Farmer
STATE BANKING BOARD
Douglas Simmons, Chairman
Merchants & Farmers Bank
P.O. Box 2507
West Helena, Arkansas 72390
Phone: 572-3481
Date of Appointment: 8-5-86
Term Expires: 12-31-90
T. E. Patterson
5520 W. 30th Street
Little Rock, Arkansas 72204
Phone: 375-4611
Date of Appointment: 8-22-83
Term Expires: 12-31-88
Franklin Collier
P.O. Box 539
Augusta, Arkansas 72006
Phone: 347-2568
Date of Appointment: 3-5-84
Term Expires: 12-31-88
Robert Hill, Vice Chairman
P.O. Box385
Perryville, Arkansas 72126
Phone: 889-5116
Date of Appointment: 2-25-87
Term Expires: 12-31-91
Bob Willett
Smackover State Bank
P.O. Drawer 107
Smackover, Arkansas 71762
Phone: 863-5592
Date of Appointment: 12-11-87
Term Expires: 12-31-89
Larry G. Nelson
Peoples Bank & Trust Co.
Drawer B
Mountain Home, Arkansas 72653
Phone: 425-2166
Date of Appointment: 1-13-88
Term Expires: 12-31-92
8
State of Arkansas:
Bank Department
The following is a statement showing the receipts and disbursements of the
State Bank Department from July 1, 1987 through June 30, 1988.
RECEIPTS
Cash Balance June 30, 1987 .•••......... ........•..•. .•
Examination and Assessment Fees........
2,347,472.32
Charter and Amendment Fees........ ....
7,976.40
Teller's Facility Application
and all Protest Fees .............. ..... .
42,100.00
Miscellaneous Fees ............. ........ .
10,176.75
Reimbursement for M & R Sales ......... .
12,442.75
Warrant Cancellations ............. ..... .
2,824.77
Refund to Expenditure (Old Year) ........ .
931.17
Refund to Expenditure ............. ..... .
226.07
$1,824,984.07
2,424,150.23
$4,249,134.30
DISBURSEMENTS
Salaries... ............... ...............
1,301,725.74
Maintenance and General Operations.. ...
517,487.85
S.S., Retirement and Insurance Matching
176,738.55
Professional Services and Fees. . . . . . . . . . .
47,210.65
Conference Fees and Travel. . . . . . . . . . . . . .
80,308.16
Capital Outlay. . . . . . . . . . . . . . . . . . . . . . . . . . .
154,866.30
Proceeds from M & R. .. . . . . .. . . . .. .. . . . .
2,610.17
Microfilming Expenses. ................ ..
16,384.88
Service Charge by State Treasurer. . . . . . . .
35,963.24
Cash Balance June 30, 1988 ............. ............. .. .
2,333,295.54
1,915,838.76
$4,249,134.30
Seventy-Fourth Report
ARKANSAS BANKERS ASSOCIATIO N
BOARD OF DIRECTORS
1988-89
President •••••••••••••••• Sloan Rainwater, Chairman & President
Bank of Northeast Arkansas, Jonesboro
First Vice President ••••••••• H. E. Henson Jr., Chairman & President
The City National Bank of Fort Smith
Second Vice President. •••••• W. E. Ayres, Chairman
Simmons First National Corporation, Pine Bluff
Treasurer ••••••• , •••••••• Albert H. Rusher, Chairman
Bank of Brinkley
H. C. Carvill, Executive Director
The Arkansas Bankers Association, Little Rock
To 1989 ••••••.•• , ••••••• Michael F. Flynn, President
American State Bank, Charleston
Albert H. Rusher, Chairman
Bank of Brinkley
Burton E. Stacy, President
Bank of Bentonville
To 1990 ••••••••••• , ••••• W. E. Ayres, Chairman
Simmons First National Corporation, Pine Bluff
J. Perry Lee, President
The Merchants & Planters Bank, Clarendon
Floyd L. Parker, Chairman & President
The Malvern National Bank
Larry C. Whitley, President
Elk Horn Bank & Trust Co., Arkadelphia
M. S. Woodruff, Chairman & President
Citizens Bank & Trust, Carlisle
To 1991 ••••••••••••••••• Don Pattillo, President
The Farmers and Merchants Bank, Stuttgart
James V. Kelley, Chairman
First National Bank, El Dorado
Members at Large •••••••••• Wayne Clark, President
The Security Bank, Harrison
Curt Bradbury, Chairman & President
Worthen Banking Corporation, Little Rock
Past Presidents ••••••••••• , William H. Handy, Director
First National Bank, Magnolia
Wayne Hartsfield, President
First National Bank, Searcy
YOUNG BANKER SECTION OFFICERS
1988-89
President •••••••••••••••• Jim D. Green, Assistant Vice President
The Farmers and Merchants Bank, Stuttgart
Senior Vice President ••••••• Mark Murphy, Assistant Vice President
First Commercial Bank, N.A., Little Rock
Vice President ••••••••••••• Brice Fletcher, Assistant Vice President
First National Bank of Eastern Arkansas, Forrest City
Secretary •••••••••••••.•• Craig Boone, Financial Planning Officer
Simmons First Bank of Jonesboro
Treasurer •••••••••••••••• Greg Angel, Assistant Vice President
First National Bank, Searcy
AIB Coordinator ••••••••••• Peggy Johns, Assistant Vice President
Merchants National Bank, Fort Smith
9
10
State of Arkansas:
Bank Department
COMPTROLLER OF THE CURRENCY
Southwestern District
1600 Lincoln Plaza, 500 North Akard
Dallas, Texas 75201-3394
Telephone Number 720-0656
Area Code 214
Deputy Comptroller .......................... .............. Peter C. Kraft
District Administrator .......................... .......... John A. Bodnar
Director for Administration ........•.................. Thomas M. Byledbal
Director for Analysis .......................... ......... L. Rodney Burgett
Director for Bank Supervision, Community Banks ...........• Jerry H. Corn
Director for Bank Supervision, Regional Banks ....... Stephen R. Steinbrink
District Counsel ...........•.............. ................. Patrick Parise
FEDERAL RESERVE BANK OF ST. LOUIS
DISTRICT NO. 8
Telephone Number 444-8444
Area Code 314
Thomas C. Melzer .......................... ................... President
James R. Bowen ••........................ ........... First Vice President
Anatol B. Balbach •.......................... ....... Senior Vice President
Henry H. Bourgaux ........................... ...... Senior Vice President
Harold E. Uthoff ..•....................... .......... Senior Vice President
Ben C. Wade ............•......•...... ............. Senior Vice President
Ruth A. Bryant ..........•......•.•...... .................. Vice President
Albert E. Burger .............•............ ................. Vice President
Joan P. Cronin ...............•........... Vice President, General Counsel
and Secretary
Charles R. Halbrook .......................... ............. Vice President
Richard E. Kay .......................... ................ General Auditor
James R. Kennedy .......................... .............. Vice President
Jean M. Lovati .......................... .................. Vice President
Michael T. Moriarty .......................•.. ............. Vice President
Martha L. Perine ........................... . Vice President and Controller
William J. Sneed ..............•.......•... ................ Vice President
Randall C. Sumner ........................... ......... ; ... Vice President
Patricia A. Tarbutton ........................... ........... Vice President
Robert W. Thomas .......................... .............. Vice President
Delmer D. Weisz ........................•. ................ Vice President
John F. Breen ........................... .... Vice President and Manager,
Little Rock Branch
Seventy-Fourth Report
11
W. Howard Wells ...............•......•... .. Vice President and Manager,
Louisville Branch
Paul I. Black, Jr.......................... .... Vice President and Manager,
Memphis Branch
Dennis W. Blase ..........................• ...••• Assistant Vice President
Keith M. Carlson .......................... ....... Assistant Vice President
Judie A. Courtney .....................•..... .•.. Assistant Vice President
Jeffrey M. Dale .......................... ........ Assistant Vice President
Hillary B. Debenport ........................•. ... Assistant Vice President
John W. Druelinger ...................•......• ... Assistant Vice President
Alton R. Gilbert .......................... ........ Assistant Vice President
Walter W. Jacobs .......................... ...... Assistant Vice President
Jerome J. McGunnigle .................•......... Assistant Vice President
John P. Merker .......................... ........ Assistant Vice President
Jerome R. Rodgers ....................•..... .... Assistant Vice President
Leslie F. Schmeding .......................... ... Assistant Vice President
Kristi D. Short ........................... .•...... Assistant Vice President
Frances E. Sibley .......................... ...... Assistant Vice President
Darwin W. Stephens ........................... .• Assistant Vice President
John A. Tatom .......................... ......... Assistant Vice President
Robert J. Taylor .......................... ....... Assistant Vice President
LITTLI; ROCK, BRANCH
FEDERAL RESERVE BANK OF ST. LOUIS, MISSOURI
Telephone Number 372-5451
Area Code 501
Vice President and Manager .......................... ...... John F. Breen
Assistant Vice President .......................... ........ David T. Rennie
Assistant Vice President .......................... ... Thomas R. Callaway
MEMPHIS BRANCH
FEDERAL RESERVE BANK OF ST. LOUIS, MISSOURI
Telephone Number 523-7171
Area Code 901
Vice President and Manager .......................... ... Paul I. Black, Jr.
Assistant Vice President ...................•...... .... A. C. Cremerius, Jr.
Assistant Vice President .......................... ..... Michael E. Trebing
12
State of Arkansas:
Bank Department
FEDERAL DEPOSIT INSURANCE CORPORATI ON
5100 Poplar Avenue, Suite 1900
Memphis, Tennessee 38137
Telephone Number 685-1603
Area Code 901
Regional Director .................. .................. .... Bill C. Houston
Deputy Regional Director .................. .............. James 0. Leese
Assistant Regional Director .. : .................. ......... James F. Benner
Assistant Regional Director .................. ...... Raymond M. Glass, Jr.
Assistant Regional Director .................. ....... Joseph M. McGovern
EXAMINERS FOR ARKANSAS
*Larry T. Tadlock .................. .................. ........ Little Rock
Billy W. Carroll .................. .................. ......... Little Rock
Jack P. Court, Jr.................. .................. ........ Little Rock
James G. Flynn .................. .................. ......... Little Rock
Darrell W. Glassco .................. .................. ...... Little Rock
James S. Henley, Jr.................. .................. ..... Little Rock
Karl F. Kauffman .................. .................. ....... Little Rock
Dwight D. McKee .................. .................. ....... Little Rock
Harvey L. Melton .................. .................. ....... Little Rock
John W. Robertson, Jr. .................. .................. .. Little Rock
Arthur R. Samsom .................. .................. ...... Little Rock
*Ronny G. Parham .................. .................. ........ Memphis
David L. Bowen .................. .................. .......... Memphis
James A. Colvin .................. .................. .......... Memphis
Billy F. Couch .................. .................. ........... Memphis
Diane U. Croom .................. .................. .......... Memphis
William Don Dent .................. .................. ........ Memphis
William A. Freeman .................. .................. ...... Memphis
Ethridge B. Hampton, Jr.................. .................. ..Memphis
Arthur 8. Monroe .................. .................. ........ Memphis
Robert A. Nantz .................. .................. .......... Memphis
Timothy P. Neeck .................. .................. ........ Memphis
Richard W. Riley .................. .................. ......... Memphis
James R. Sliger .................. .................. .......... Memphis
Lewis E. Smith, Jr.................. .................. ........ Memphis
*Thurman L. Reynolds .................. .................. ..... Jackson
Gerald A. Carman, Jr.................. .................. ...... Jackson
James A. Edwards .................. .................. ........ Jackson
W. Arnold Harrison .................. .................. ....... Jackson
Loy N. Hopper .................. .................. ............ Jackson
Edgar H. Leavell .................. .................. .......... Jackson
Seventy-Fourth Report
13
Luther S. Litchfield, Jr......................................... Jackson
Gregory H. Muse ............................................. Jackson
Michael L. Newett ............................................. Jackson
Joe F. Wigington .............................................. Jackson
Clifton E. Williams ............................................ Jackson
*Don R. Turner .............................................. Shreveport
Deanna S. Caldwell ......................................... Shreveport
Darrell L. Couch ........................................... Shreveport
Larry D. Denton ............................................ Shreveport
Larry W. Flatt .............................................. Shreveport
Nelma E. Honeycutt ........................................ Shreveport
Charles W. Kimsey ......................................... Shreveport
Marvin A. Lowe ...........................................• Shreveport
John D. Payne ............................................. Shreveport
Michael M. Sawyer ......................................... Shreveport
James P. Thomson ......................................... Shreveport
*Field Office Supervisor
14
State of Arkansas:
Bank Department
STATE BANK DEPARTMENT, STATE OF ARKANSAS
CONSOLIDATED REPORT OF CONDITION OF THE
172 COMMERCIAL BANKS IN ARKANSAS AS OF
JUNE 30, 1988
ASSETS
1.. Cash and Balances due from depository institutions:
a. Noninterest-bearing balances and currency and coin .............. .
b. Interest-bearing balances .••.••..•.••.••••.••••.•..••..•.••.••••.•
2. Securities •.••.•..•..•.•..•.••.••.••.••.•.•••••••.••.•...•..........
3. Federal funds sold and securities purchased
under agreement to resell. ••.........••.••.•.••.•..••..••••••.••.•.••
4. Loans and lease financing receivables:
a. Loans and lease, net of unearned income •.••.••..•..•.••••.••••.••
b. Less: Allowances for loan and losses •••...••.•..•.................
c. Less: Allocated transfer risk reserve •.•...•...••...................
d. Loans and lease, net of unearned income allowance, and reserve •.•.
5. Assets held in trading accounts ...•.......•......•..•.•..•.•.••.•..•.
6. Premises and Fixed Assets (including capitalized lease) .............. .
7. Other real estate owned .....•..•.••.••.•.••.••..•.••.••••••.••.••.••
8. Investments in unconsolidated subsidiaries and associated companies
9. Customers liability to this bank on acceptances outstanding •..•..••.•.
10. Intangible assets •..••.•.......•..•.••.••..•.••.•••••••••.••.•..••..•
11. Other assets ........•....••••.••••.••.••..•.••.•.••....•.•..•.......
12. Total assets •............••••••.•..••..•.•.••..•...................•
$
405,411
370,041
2,786,522
231,280
4,392,243
76,267
-04,315,976
1,549
128,125
54,474
3,062
-02,581
145,136
8,444,157
LIABILITIES
13. Deposits:
a. In domestic offices •..•...•.....•..••...••.•.••.•..••.••••.••.•..•
(1) Noninterest-bearing .••.••.••••.••••.•..••.••.••.•••••• 996,270
(2) Interest-bearing ••••.••.••.••.••.•••••••••.•..••.••.• 6,521,460
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs •.•.••
(1) Noninterest-bearing ......................................... .
(2) Interest-bearing ••............••.•....•.........•.•..•.••••.•.
14. Federal funds purchased and securities sold under agreements to
repurchase .••.•••.••.••.•.....•....•................•.•.....•....•.
15. Demand notes issued to the U.S. Treasury .......................... .
16. Other borrowed money •......•.•.•..•....•...•....•.••.•.•..•...•..•
17. Mortgage indebtedness and obligations under capitalized leases ...... .
18. Bank's liability on acceptances executed
and outstanding ...•..••••••••.•..•...•.••.••••.•••..••.••..•.••
19. Notes and debentures subordinated to deposits .....•...••.•........•.
20. Other liabilities .•......•..•••.•.••.•..•.....•....•..•....•.....•.•..
21. Total liabilities ..................................................... .
22. Limited-life preferred stock ....•.•..•..•..••.••.•.•.••....••..•.••.•.
7,517,730
-0-0-
-052,130
7,930
31,765
3,719
-012,233
69,833
7,695,340
-0-
EQUITY CAPITAL
23.
24.
25.
26.
27.
28.
29.
Perpetual preferred stock .•..••••••••••••.••..•..•.•.••.•.••.•..••..•
Common stock ..•....•..••.••.••• , .•.••.••..•.••.•.••.•.•..•..•...•
Surplus .•....•..•.•..•..••.•.••..•••.............•.........•..•...•
Undivided profits and capital reserves ...•.••.••...••.••.•.•...•..•...
Cumulative foreign currency translation adjustment ••.••.•.•..•..•...•
Total equity capital. ...••..•.•.••••.••.••..•.••.••••••.•..•...•....•.
Total liabilities, limited-life preferred stock and equity capital ...•.••.••
10,200
99,157
242,167
397,293
-0748,817
8,444,157
15
Seventy-Fourth Report
NATIONAL BANKS IN ARKANSAS
Name
Location
County
First National Bank
Bank of Ashdown, N. A.
The First National Bank
First National Bank of Sharp County
First National Bank
First National Bank
The First National Bank
The First National Bank
First National Bank
First National Bank of Izard County
First National Bank
Merchants & Planters Bank, N. A.
First National Bank
The First National Bank
First National Bank
The First National Bank
The First National Bank
First National Bank of Howard County
The First National Bank
National Bank of Commerce
The Bank of Fayetteville, N. A.
The First National Bank
Northwest National Bank
First National Bank of the Ozarks
The First National Bank
First National Bank of Eastern
Arkansas
The City National Bank
The First National Bank
The Merchants National Bank
Caddo First National Bank
The First National Bank
The First National Bank
The First National Bank
First National Bank of Cleburne County
First National Bank of Phillips County
Helena National Bank
The Citizens National Bank
The First National Bank
First National Bank
One National Bank of Hot Springs
The Planters National Bank
The First National Bank
Altheimer
Ashdown
Ashdown
Ash Flat
Batesville
Bentonville
Berryville
Blythevi lie
Brinkley
Calico Rock
Camden
Camden
Clinton
Conway
Crossett
DeOueen
DeWitt
Dierks
El Dorado
El Dorado
Fayetteville
Fayettevi lie
Fayetteville
Flippin
Fordyce
Jefferson
Little River
Little River
Sharp
Independence
Benton
Carroll
Mississippi
Monroe
Izard
Ouachita
Ouachita
Van Buren
Faulkner
Ashley
Sevier
Askansas
Howard
Union
Union
Washington
Washington
Washington
Marion
Dallas
Forrest City
Fort Smith
Fort Smith
Fort Smith
Glenwood
Green Forest
Gurdon
Harrison
Heber Springs
Helena
Helena
Hope
Hope
Hot Springs
Hot Springs
Hughes
Huntsville
St. Francis
Sebastian
Sebastian
Sebastian
Pike
Carroll
Clark
Boone
Cleburne
Phillips
Phillips
Hempstead
Hempstead
Garland
Garland
St. Francis
Madison
16
State of Arkansas: Bank Department
First National Bank
The First National Bank
Commercial National Bank of Little Rock
First Commercial Bank, N. A.
Metropolitan National Bank
One National Bank·of Little Rock
Union National Bank
Worthen Bank & Trust Co., N. A.
First National Bank
National Bank of Arkansas
The Malvern National Bank
Peoples National Bank
First National Bank
The First National Bank
First National Bank
First National Bank of Conway Co.
Morrilton Security Bank, N. A.
First National Bank & Trust Co.
Citizen National Bank
The First National Bank
National Bank of Arkansas
One National Bank of North Little Rock
First National Bank
First National Bank
The First National Bank
National Bank of Commerce
Pine Bluff National Bank
Simmons First National Bank
First National Bank & Trust Co.
First National Bank
First National Bank
First National Bank
Security National Bank
First National Bank
The First National Bank
First National Bank
Commercial National Bank
The State First National Bank
First National Bank of Poinsett
County
Jackson County National Bank
First National Bank of Crawford Co.
Citizens National Bank
Jacksonville
Lewisville
Little Rock
Little Rock
Little Rock
Little Rock
Little Rock
Little Rock
Magnolia
Magnolia
Malvern
Mammoth
Spring
Marianna
McGehee
Mena
Morrilton
Morrilton
Mountain Home
Nashville
Nashville
No. Little Rock
No. Little Rock
Osceola
Paragould
Paris
Pine Bluff
Pine Bluff
Pine Bluff
Rogers
Russellville
Searcy
Sheridan
Sidney
Siloam
Springs
Springdale
Stuttgart
Texarkana
Taxarkana
Trumann
Tuckerman
Van Buren
Walnut Ridge
Pulaski
Lafayette
Pulaski
Pulaski
Pulaski
Pulaski
Pulaski
Pulaski
Columbia
Columbia
Hot Springs
Fulton
Lee
Desha
Polk
Conway
Conway
Baxter
Howard
Howard
Pulaski
Pulaski
Mississippi
Greene
Logan
Jefferson
Jefferson
Jefferson
Benton
Pope
White
Grant
Sharp
Benton
Washington
Arkansas
Miller
Miller
Poinsett
Jackson
Crawford
Lawrence
17
Seventy-Fourth Report
The First National Bank of Lawrence
Co.
Fidelity National Bank
First National Bank
The First National Bank
Walnut Ridge
West Memphis
West Memphis
Wynne
Lawrence
Crittenden
Crittenden
Cross
MEMBERS OF FEDERAL RESERVE SYSTEM
Name of Bank & Location
The Citizens Bank
Batesville
Date of Admission
April 15, 1953
Farmers Bank & Trust Company
Blytheville
August 23, 1918
Arkansas Bank & Trust Company
Hot Springs
September 25, 1942
Peoples Bank & Loan Company
Lewisville
July 26, 1945
First State Bank
Beebe
January 1, 1985
TRUST COMPANIES AND OTHER INSTITUTIONS
NOT ENGAGED IN COMMERCIAL BANKING,
NOT MEMBERS OF FEDERAL DEPOSIT
INSURANCE CORPORATION
TRUST COMPANIES
Name
Jones Investment & Trust Co.
Metropolitan Trust Company
Location
Little Rock
Sherwood
INDUSTRIAL LOAN INSTITUTIONS, ACT 111
Name
Southern Credit Corporation
Hallmark Loan & Investment
Corporation
National Credit Corporation
Location
Malvern
North Little Rock
Little Rock
NON-PROFIT ORGANIZATION
Name
Arkansas Capital Corportaion
Location
Little Rock
State of Arkansas:
18
Bank Department
AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1, 1987 to June 30, 1988
1. Farmers & Merchants Bank, Rogers, increased Capital from $921,500 to
$2,921,500 through issuance of new stock.
2. Mcilroy Bank & Trust, Fayetteville, decreased capital from $15,000,000 to
$8,111,200.
3. The Citizens Bank, Batesville, increased Capital from $1,400,000 to
$1,650,000 through issuance of new stock.
4. DeWitt Bank & Trust Company, DeWitt, increased Capital from $450,000 to
$1,350,000 through a stock dividend.
5. Little River Bank, Lepanto, increased Capital from $400,000 to $1,000,000
through a transfer from undivided profits.
6. Peoples Bank, Mammoth Spring, increased Capital from $100,000 to
$200,000 through a stock dividend.
7. Pine State Bank, Kingsland, Capital stock was fixed and limited to $78,950.
8. First State Bank, Gould, increased Capital from $200,000 to $240,000.
9. Farmers & Merchants Bank, Reyno, increased Capital from $2,000,000 by
issuing new preferred stock.
AMENDMENTS TO INDEMNIFY
OFFICERS AND DIRECTORS
July 1, 1987 to June 30, 1988
1. Union State Bank, Junction City
2. The Security Bank, Harrison
3. Bank of Trumann
Seventy-Fourth Report
REVERSE STOCK SPLIT
July 1, 1987 to June 30, 1988
1. Bank of Imboden
AMENDM ENTS CHANGIN G NUMBER
OF DIRECTO RS
July 1, 1987 to June 30, 1988
1. Citizens First State Bank, Arkadelphia
2. First State Bank, Newport
3. Merchants & Planters Bank & Trust Company, Arkadelphia
AMENDM ENTS ADOPTIN G TRUST POWERS
July 1, 1987 to June 30, 1988
1. Bank of Cave City
AMENDM ENT TO CHANGE CORPORA TE
STRUCTU RE
July 1, 1987 to June 30, 1988
1. Bank of Bentonville
RESTATE MENT OF ARTICLES
OF INCORPO RATION
July 1, 1987 to June 30, 1988
1. Planters Bank & Trust Company, Forrest City
2. Merchants & Planters Bank, Arkadelphia
19
20
State of Arkansas:
Bank Department
ARKANSAS STATE BANK DEPARTMENT
CAPITAL TO ASSET RATIO
BANK
Commercial Bank at Alma
Bank of Amity
Citizens First State Bank
Elk Horn Bank and Trust Co.
Merchants & Planters Bank
Bank of Atkins
The Bank of Augusta
Citizens State Bank
The Citizens Bank
Bank of Bearden
Citizens Bank
First State Bank
Benton State Bank
The Union Bank of Benton
Bank of Bentonville
Bank of Blevins
Farmers Bank & Trust Co.
Citizens Bank of Booneville
The Bank of Bradley
Bank of Brinkley
Bank of Cabot
Caraway Bank
Citizens Bank & Trust
Bank of Cave City
American State Bank
Bank of Cherry Valley
The Merchants & Planters Bank
Arkansas State Bank
Farmers Bank & Trust Co.
Clinton State Bank
First State Bank & Trust Co.
Corning Bank
First State Bank
Danville State Bank
Arkansas Valley Bank
Bank of Dardanelle
First State Bank of DeQueen
DeWitt Bank & Trust Company
Decatur State Bank
Bank of Delight
Dermott State Bank
First State Bank of Dermott
Farmers & Merchants Bank
Dumas State Bank
Merchants and Farmers Bank
Earle State Bank
The Exchange Bank & Trust Co.
The Delta State Bank
TOWN
Alma
Amity
Arkadelphia
Arkadelphia
Arkadelphia
Atkins
Augusta
Bald Knob
Batesville
Bearden
Beebe
Beebe
Benton
Benton
Bentonville
Blevins
Blytheville
Booneville
Bradley
Brinkley
Cabot
Caraway
Carlisle
Cave City
Charleston
Cherry Valley
Clarendon
Clarksville
Clarksville
Clinton
Conway
Corning
Crossett
Danville
Dardanelle
Dardanelle
DeQueen
DeWitt
Decatur
Delight
Dermott
Dermott
Des Arc
Dumas
Dumas
Earle
El Dorado
Elaine
CAPITAL TO
ASSET RATIO
9.21
14.15
10.21
9.44
9.06
11.19
13.42
9.96
6.99
15.99
10.34
8.39
9.99
8.20
9.70
8.47
8.52
7.87
8.23
10.74
9.53
8.83
10.32
8.57
12.50
9.71
8.10
8.53
8.26
7.87
7.93
7.71
8.36
10.56
11.04
10.89
9.24
16.78
13.43
11.91
15.37
10.44
23.42
8.70
11.17
15.40
10.18
42.84
21
Seventy-Fourth Report
ARKANSAS STATE BANK DEPARTMENT
CAPITAL TO ASSET RATIO (CONT'D)
BANK
Bank of Elkins
Bank of England
The Citizens Bank
The Eudora Bank
Bank of Eureka Springs
Bank of Evening Shade
Mcilroy Bank & Trust
Fordyce Bank & Trust Co.
Planters Bank & Trust Co.
Planters & Merchants Bank
The Bank of Glenwood
First State Bank
Bank of Gravett
Farmers Bank
First State Bank of Gurdon
Farmers Bank
Calhoun County Bank
The Bank of Harrisburg
The Security Bank
Hazen First State Bank
Heber Springs State Bank
The Cleburne County Bank
Bank of Holly Grove
Horatio State Bank
Arkansas Bank & Trust Company
Bank of Imboden
First Jacksonville Bank
Newton County Bank
Bank of Northeast Arkansas
Citizens Bank of Jonesboro
Mercantile Bank
Simmons First Bank
Farmers & Merchants Bank
Union State Bank
Bank of Kensett
Pine State Bank
Madison Bank and Trust
Bank of Lake Village
Simmons First Bank
Citizens Bank
Leachville State Bank
Little River Bank
Peoples Bank and Loan Co.
Bank of Lincoln
Pulaski Bank & Trust Co.
Bank of Lockesburg
TOWN
Elkins
England
England
Eudora
Eureka Springs
Evening Shade
Fayetteville
Fordyce
Forrest City
Gillett
Glenwood
Gould
Gravette
Greenwood
Gurdon
Hamburg
Hampton
Harrisburg
Harrison
Hazen
Heber Springs
Heber Springs
Holly Grove
Horatio
Hot Springs
Imboden
Jacksonville
Jasper
Jonesboro
Jonesboro
Jonesboro
Jonesboro
Judsonia
Junction City
Kensett
Kingsland
Kingston
Lake Village
Lake Village
Lavaca
Leachville
Lepanto
Lewisville
Lincoln
Little Rock
Lockesburg
CAPITAL TO
ASSET RATIO
8.79
14.38
14.39
12.15
12.33
10.71
9.45
10.10
9.82
10.70
8.78
10.85
13.81
13.82
8.44
8.16
12.32
10.96
7.86
7.34
7.41
8.29
14.26
9.13
8.13
11.70
10.07
9.01
9.96
8.83
7.66
9.64
9.93
9.92
24.59
7.98
10.03
13.08
8.83
12.22
12.22
19.71
8.29
10.13
7.41
10.76
22
State of Arkansas:
Bank Department
ARKANSAS STATE BANK DEPARTMENT
CAPITAL TO ASSET RATIO (CONT'D)
BANK
First State Bank
Farmers Bank & Trust Co.
Bank of Malvern
Merchants & Planters Bank
Bank of Mansfield
Farmers and Merchants Bank
Citizens Bank
Marked Tree Bank
Searcy County Bank
Bank of Marvell
Bank of McCrory
McGehee Bank
The Bank of North Arkansas
The Union Bank of Mena
Monette State Bank
Commercial Bank & Trust Co.
Union Bank & Trust Co.
The Bank of Montgomery County
Peoples Bank and Trust Co.
Bank of Mountain View
Bank of Mulberry
Pike County Bank
The Twin City Bank
Bank of Newark
First State Bank of Newport
Merchants & Planters Bank
The Planters Bank
Bank of Ozark
Security Bank
Bank of Parkdale
First State Bank
Bank of Pea Ridge
The Perry County Bank
Piggott State Bank
First State Bank
Bank of Pocahontas
Planters & Stockmen Bank
The Lawrence County Bank
Portland Bank
The Peoples Bank
The Farmers and Merchants Bank
Bank of Prescott
The Bank of Rector
Farmers & Merchants Bank
The Bank of Rison
Farmers and Merchants Bank
Bank of Dover
TOWN
Lonoke
Magnolia
Malvern
Manila
Mansfield
Marianna
Marion
Marked Tree
Marshall
Marvell
McCrory
McGehee
Melbourne
Mena
Monette
Monticello
Monticello
Mount Ida
Mountain Home
Mountain View
Mulberry
Murfreesboro
N. Little Rock
Newark
Newport
Newport
Osceola
Ozark
Paragould
Parkdale
Parkin
Pea Ridge
Perryville
Piggott
Plainview
Pocahontas
Pocahontas
Portia
Portland
Portland
Prairie Grove
Prescott
Rector
Reyno
Rison
Rogers
Russellville
CAPITAL TO
ASSET RATIO
9.78
9.24
12.83
13.75
7.63
16.29
9.86
10.19
9.35
14.37
12.08
11.56
8.43
14.43
7.94
9.51
7.96
11.59
10.53
17.52
11.46
9.88
7.68
7.57
10.37
9.56
9.27
10.46
8.23
8.76
11.06
10.37
8.48
7.34
10.27
10.55
9.23
8.49
10.21
13.17
12.12
8.37
10.93
7.33
16.25
9.07
9.22
23
Seventy-Fourth Report
ARKANSAS STATE BANK DEPARTMENT.
CAPITAL TO ASSET RATIO (CONT'D )
BANK
Peoples Bank & Trust Co.
Bank of Salem
Logan County Bank
First Security Bank
Grant County Bank
Eagle Bank & Trust Co.
Arkansas State Bank
Smackover State Bank
Merchants & Planters Bank
First State Bank
Bodcaw Bank
Bank of Star City
Stephens Security Bank
Citizens Bank
The Farmers & Merchants Bank
Bank of Trumann
Bank of Tuckerman
Tyronza Bank
Citizens Bank & Trust Co.
The Peoples Bank
Bank of Waldron
The Scott County Bank
First State Bank
Warren Bank and Trust Co.
Bank of Weiner
Merchants and Farmers Bank
Bank of West Memphis
Wilmot State Bank
Bank of Wilson
Cross County Bank
The Bank of Yellville
TOWN
Russellville
Salem
Scranton
Searcy
Sheridan
Sherwood
Siloam Springs
Smackover
Sparkman
Springdale
Stamps
Star City
Stephens
Strong
Stuttgart
Trumann
Tuckerman
Tyronza
Van Buren
Waldo
Waldron
Waldron
Warren
Warren
Weiner
West Helena
West Memphis
Wilmot
Wilson
Wynne
Yellville
CAPITAL TO
ASSET RATIO
7.47
7.58
12.14
11.64
10.51
7.40
8.03
11.82
9.50
9.40
10.42
9.00
8.79
16.15
10.25
12.33
12.58
15.99
8.55
10.64
12.97
8.87
8.45
10.75
12.08
7.33
10.52
16.14
16.20
9.12
8.59
24
State of Arkansas:
Bank Department
STAT ISTIC AL INFOR MATIO N REFL ECTIN G THE
GROW TH OF ARKA NSAS STAT E BANK S
OVER A TEN YEAR PERIO D
(Comm ercial Banks Only)
1978-1 988
Number of banks with assets of
less than $1,000,000 ........ ........ ....... .
With assets of $1,000,000 to $2,000,000 ....... .
With assets of $2,000,000 to $3,500,000 ....... .
With assets of $3,500,000 to $5,000,000 ....... .
With Assets of $5,000,000 to $7,500,000 ....... .
With assets of $7,500,000 to $10,000,000 ...... .
With assets of $10,000,000 to $15,000,000 ..... .
With assets of $15,000,000 to $20,000,000 ..... .
With assets of $20,000,000 to $30,000,000 ..... .
With assets of $30,000,000 to $50,000,000 ..... .
With assets of $50,000,000 to $75,000,000 ..... .
With assets of $75,000,000 to $100,000,000 .... .
With assets over $100,000,000 ........ ........ .
Total number of state banks
(comme rcial banks only):
Total resources ........ ..... .
Total loans ........ ........ . .
Securitie s ........ ........ .. .
Deposits ........ .......• ....
Total Capital Account s ...... .
June 1978
June 1988
1
3
0
0
3
6
16
22
45
22
1
0
33
4
7
14
14
35
23
8
3
~
44
188
172
25
12
16
June 30, 1978
June 30, 1988 Increase
(Reported in mlllions and nearest thousand)
$4,052,713
8,444,157
108
2,340,095
4,392,243
88
1,192,123
2,786,522
134
3,619,364
7,517,730
108
347,435
748,817
116
Seventy-Fourth Report
25
NEW BRANCHES APPROVED
NAME OF BANK
First State Bank, Sherwood
NEW BRANCH LOCATION
7725 Warden Road
Sherwood
2310 East Kiehl Avenue
Sherwood
The Twin City Bank, North Little Rock
425 West Capitol
Little Rock
2010 Newton
Little Rock
10720 Rodney Parham
Little Rock
4199 East Kiehl
North Little Rock
8008 Geyer Springs
Little Rock
Park Plaza Shopping Center
Little Rock
Commercial Bank & Trust, Monticello
428 Highway 81 South
Monticello
Peoples Bank & Trust Company,
Russellville
Highway 64 East
Russellville
Benton State Bank, Benton
1702 North Reynolds Road
Bryant
Farmers Bank and Trust Company,
Magnolia
129 North Washington
Magnolia
The First State Bank of Newport, Newport
Highway 27 North & Mclain St.
Newport
Mercantile Bank, Jonesboro
1901 South Caraway Road
Jonesboro
26
State of Arkansas: Bank Department
SEVENTY-FOURTH REPORT
showing
THE CONDITION OF THE
172 ARKANSAS STATE-CHARTERED BANKS
ASSETS AND LIABILITIES ARE AS SHOWN BY THE
CALL OF
JUNE 30, 1988
Banks are listed according to an alphabetical
arrangement of cities and towns where located.
THE TELEPHONE AREA CODE NUMBER
FOR ALL OF ARKANSAS IS 501
Seventy-Fourth Report
27
COMMERCIAL BANK AT ALMA
County: Crawford
Charter Number: 297
Telephone: 632-2257
Alma
P.O. Box 369
Zip Code: 72921
Population: 3,007
Charter Date: January 31, 1910
Branches: 2
Bank Holding Company Affiliate: Commerce Financial Corporation
CHAIRMAN: JOHN PAUL BALLENTINE
PRESIDENT & CEO: TERRY 0. CARSON
VICE CHAIRMAN: HILDA KNIGHT
SENIOR V.P.: WILLIAM N. BRASHER Ill
VICE PRESIDENT: HELEN S. JONES
CASHIER: CYNTHIA R. KEY
LOAN OFFICER: REX A. WOODS
ASST. CASHIER: BARBARA A. HOUCK
ASST. CASHIER: REBA COLLINS
ASST. CASHIER: JO N. GRAY
Total Assets ........................ 31,259
Loans, Net .......................... 17,647
Securities ............................ 9,762
Interest Bearing Balances ............... -0Total Deposits ...................... 28,346
No. Shares Authorized ................ 8,000
No. Shares Outstanding .............. 8,000
Preferred Stock ......................... -0Common Stock ........................ 200
Surplus ................................ 800
Undivided Profits ..................... 1,737
Reserve for Loan Losses ................ 155
Total Equity Capital .................. 2,737
Subordinated Debt ...................... -0-
DIRECTORS: James A. Arnold, II, John Paul Ballentine, William N. Brasher, Ill, Terry Q. Carson,
John A. Griffin, Hilda Knight
BANK OF AMITY
County: Clark
Charter Number: 198
Telephone: 342-5269
Amity
P.O. Box 38
Zip Code: 71921
Population: 859
Charter Date: January 30, 1905
Branches: o
Bank Holding Company Affiliate: None
PRES., CEO AND CASHIER: CLEDA OLDS
VICE PRESIDENT: JOE F. MAXEY
VICE PRESIDENT: ERNIE DUNLAP
ASST. CASHIER: HAZEL RICHARDSON
ASST. CASHIER: PEGGY T. ADAMS
Total Assets ........................ 44,067
Loans, Net ........................... 9,680
Securities ..........................• 28,471
Interest Bearing Balances .............. 499
Total Deposits ...................... 37,504
No. Shares Authorized ............... .4,000
No. Shares Outstanding ............. .4,000
Preferred Stock ..........•.............. -0Common Stock ........................ 100
Surplus .............................. 2,400
Undivided Profits ......... , ........... 3,675
Reserve for Loan Losses ...........•.... 177
Total Equity Capital .................. 6,175
Subordinated Debt ...................... -0-
DIRECTORS: Cleda Olds, M. H. Oakley, Hazel Richardson, Joe F. Maxey
28
State of Arkansas:
Bank Department
CITIZENS FIRST STATE BANK
County: Clark
Charter Number: 736
Telephone: 246-2411
P.O. Box 218
Arkadelphia
Zip Code: 71923
Population: 10,169
Charter Date: May 24, 1977
Branches: 1
Bank Holding Company Affiliate: First Arkadelphia Bancshares, Inc.
PRESIDENT AND CEO: R. EDWARD
SNIDER, JR.
EX. V.P.: RAYMOND TOLER
SR. V.P. & CASHIER: JOHNNIE SUE
HUNEYCUTT
VICE PRESIDENT: JUDY SLIGH
VICE PRESIDENT: TOM CALHOON
Total Assets ................. ....... 36,161
Loans, Net ................. ......... 21,660
Securities ................. ........... 5,608
Interest Bearing Balances ............. 3,400
Total Deposits ................. ..... 32,821
No. Shares Authorized ............... 30,000
No. Shares Outstanding ............. 30,000
Preferred Stock ................. ........ -0Com mon Stock ................. ....... 300
Surplus ................. ............. 1,000
Undivided Profits ................. .... 1,764
Reserve for Loan Losses ................ 699
Total Equity Capital ................. . 3,064
Subordinated Debt. ................. .... -0-
DIRECTORS: I. B. Fuller, Jr., Billy Bob Hardman, R. Edward Snider, Jr., Raymond Toler, Ed
Mccorkle, Tom Calhoon, Jerry Francis, John M. Moore
ELK HORN BANK & TRUST COMPAN Y
County: Clark
Charter Number: 142
Telephone: 246-5811
P.O. Box 248
Arkadelphia
Zip Code: 71923
Population: 10,169
Charter Date: September 28, 1903
Branches: 2
Bank Holding Company Affillate: Southern Development Bancorporatlon, Inc.
CHAIRMAN: JAMES W. HARRINGTON
PRESIDENT & CEO: LARRY C. WHITLEY
EXEC. V.P. & CASHIER: ROY N. SHOPE
SR. V.P.: ROBERT W. ANTHONY
VICE PRESIDENT: HERMAN G. BREWER
VICE PRESIDENT: JOHNNY K. MCANALLY
Total Assets ................. ....... 56,211
Loans, Net ................. ......... 20,796
Securities ................. .......... 24,129
Interest Bearing Balances ............ .4,076
Total Deposits ................. ..... 50,587
No. Shares Authorized ............... 24,000
No. Shares Outstanding ............. 24,000
Preferred Stock ................. ........ -0Com mon Stock ................. ....... 600
Surplus ..............•.. ............. 1,400
Undivided Profits ................. .... 3,109
Reserve for Loan Losses ................ 216
Total Equity Capital ................. . 5, 109
Subordinated Debt. ................. .... -0-
DIRECTORS: Thomas B. Barksdale, James Blanton, Harold Echols, Ronald Grzywinski, James
W. Harrington, Mary Houghton, J. Hugh Lookadoo, Wayne D. Pollard, Roy N. Shope, George
Surgeon, Larry C. Whitley, J. B. Wingfield
Seventy-Fourth Report
29
MERCHANTS & PLANTERS BANK &
TRUST COMPANY
County: Clark
Charter Number: 341
Telephone: 246-4511
P.O. Box 219
Arkadelphia
Zip Code: 71923
Population: 10,169
Charter Date: June 15, 1911
Branches: 1
Bank Holding Company Affiliate: Central Arkansas Bancshares, Inc.
PRES. & CEO: MILLARD E. AUD
EX. V.P.:JAMES D. FERGUSON
SR. V.P.: BOBBY G. JONES
V.P. & CASHIER: BARBARA J, NEEL
Total Assets •..•.•..•.••.•..••.••••. 38, 194
Loans, Net ..•...•......•............ 19,938
Securities ...........•........•.•.••. 12,407
Interest Bearing Balances ..........•... 250
Total Deposits ..••.••.••.•...•...... 34,779
No. Shares Authorized ............•.•• 4,800
No. Shares Outstanding .•..•........ .4,800
Preferred Stock ..•.•..••..•.••.•.••.••.• -0Common Stock •.•.••.................. 120
Surplus .............................. 1,330
Undivided Profits ..••.•............... 1,761
Reserve for Loan Losses ..••.•..••..•.•• 274
Total Equity Capital .................. 3,211
Subordinated Debt. •...•.••.••••.•.•••.• -0-
DIRECTORS: Millard E. Aud, Sam R. Clark, Steve L. DeMott, Toney D. McMillan, Paul L. Offutt,
Jane Ross, Donald M. Tatman, Ross M. Whipple
BANK OF ATKINS
County: Pope
Charter Number: 35
Telephone: 641-2987
P.O. Box 157
Atkins
Zip Code: 72823
Population: 3,002
Charter Date: September 19, 1900
Branches:0
Bank Holding Company Affiliate: None
CHAIRMAN: J. C. MITCHELL
PRESIDENT & CEO: DAVID M. MITCHELL
CASHIER: DOROTHY WILEY
Total Assets •.•.•..•.••.••••.•..••.• 12,964
Loans, Net .•..•.•.••.••.•.•.....•..•. 5,111
Securities •..•.•.•..•...••.•.••..•..•. 5,908
Interest Bearing Balances .............. 300
Total Deposits •..................... 11,551
No. Shares Authorized ............... 12,500
No. Shares Outstanding •.•.•.••.••.• 12,500
Preferred Stock ..•........•.••.••••..•.. -0Common Stock .•.•.•......•..•.••.••.• 125
Surplus .......•.•.••••..........•...•.• 925
Undivided Profits .••.•..............•.• 268
Reserve for Loan Losses ..........•..•.• 150
Total Equity Capital ...••.•.••.•...•.. 1,318
Subordinated Debt. ........•..•.••.••.•. -0-
DIRECTORS: James C. Mitchell, Jean S. Mitchell, David M. Mitchell
30
State of Arkansas:
Bank Department
THE BANK OF AUGUSTA
P.O. Box Y
Augusta
Zip Code: 72006
Population: 3,500
Charter Date: February 20, 1935
Branches: 0
County: Woodruff
Charter Number: 669
Telephone: 347-2511
Bank Holding Company Affiliate: None
CEO: MOODY WHITEHEAD
PRESIDENT: E. R. MILLER
CASHIER: LEE CONDITT
Total Assets ........................ 33,750
Loans, Net .......................... 14,185
Securities ........................... 11,251
Interest Bearing Balances ............. 5,846
Total Deposits ...................... 28,892
No. Shares Authorized ................ 8,000
No. Shares Outstanding .............. 8,000
Preferred Stock ......................... -0Common Stock ........................ 200
Surplus ................................ 800
Undivided Profits ..................... 3,262
Reserve for Loan Losses ................ 309
Total Equity Capital .................. 4,262
Subordinated Debt ...................... -0-
DIRECTORS: Franklin Collier, Steven Collier, W. P. Daniel, W. P. Daniel, Jr., Charles P. Eldridge,
J. R. Eldridge, R. E. Gregory, R. E. Gregory, Jr., E. R. Miller, Moody Whitehead, Dorothy Willis
CITIZENS STATE BANK
County: White
Charter Number: 636
Telephone: 724-3241
P.O. Box 200
Bald Knob
Zip Code: 72010
Population: 2,700
Charter Date: January 22, 1931
Branches: 1
Bank Holding Company Affiliate: Citizens State Bankshares of Bald Knob, Arkansas
Inc.
CHAIRMAN & CEO: JUANITA
LITZELFELNER
PRES. & TRUST OFF.: LARRY E. KIRCHER
SR. V.P. & CASHIER: WENDELL NIER
ASST. V.P.: PEGGY REED
Total Assets ........................ 23,757
Loans, Net .......................... 12,021
Securities .................... : ....... 8,366
Interest Bearing Balances ............. .496
Total Deposits ...................... 21,459
No. Shares Authorized ............... .4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ......................... -0Common Stock ........................ 100
Surplus ................................ 700
Undivided Profits ..................... 1,267
Reserve for Loan Losses ................ 333
Total Equity Capital .................. 2,067
Subordinated Debt ...................... -0-
DIRECTORS: Juanita Litzelfelner, Larry E. Kircher, Wendell Nier, Bob Clark, Dr. Bernard Smith
31
Seventy-Fourth Report
THE CITIZENS BANK
County: Independence
Charter Number: 705
Telephone: 793-4441
Batesville
P.O. Box 2156
Population: 8,263
Zip Code: 72503
Charter Date: February 19, 1953
Branches:4
Bank Holding Company Affiliate: Citizens Bancshares of Batesville, Inc.
PRESIDENT & CEO: T. G. VINSON
SR. V.P.: WOODROW (WOODY)
CASTLEBERRY
SR. V.P.: DAVID J. HIDY
VICE PRESIDENT: DAVID FORD
CASHIER: GREG SHAVER
Total Assets ....................... 138,804
Loans, Net •......................... 77,088
Securities ...•...•.•.•.••.........••. 48, 150
Interest Bearing Balances .....••..•..•.. -0Total Deposits •.................... 128,432
No. Shares Authorized •.........••.•• 16,500
No. Shares Outstanding •••••...••... 16,500
Preferred Stock .•••.••...............••• -0Common Stock .•..•.....•.•••••.•... 1,650
Surplus ......•...•.....•.••..•••.••.• 2,250
Undivided Profits ...............•..••. 5,291
Reserve for Loan Losses ..••.••••.•..... 555
Total Equity Capital .••••.•...•..•..•. 9,191
Subordinated Debt ......••.••••.•.••.••• -0-
DIRECTORS: Kaye Southerland Bruce, M. F. Highsmith, Lackey G. Moody, Lackey W. Moody,
Doyle W. Rogers, Noel Sims, T. G. Vinson
BANK OF BEARDEN
County: Ouachita
Charter Number: 688
Telephone: 687-2233
Bearden
P.O. Box 135
Zip Code: 71720
Population: 1,191
Charter Date: June 17, 1945
Branches: O
Bank Holding Company Affiliate: None
CHAIRMAN: JOHN E. ANTHONY
PRES. & CEO: RICK GREEN
EX. V.P.: KEN RILEY
VICE PRESIDENT: EDWARD W. PASCHAL
CASHIER: ROSEMARY BARNER
LOAN OFFICER: DONNIE CASTLEBERRY
LOAN OFFICER: PAT BATEMAN
Total Assets ........................ 18,218
Loans, Net ........................... 5,999
Securities ..........................•• 5,846
Interest Bearing Balances •..•......... 2,928
Total Deposits ...................... 15,213
No. Shares Authorized ...••.•••..••.•• 8,800
No. Shares Outstanding .........•.... 8,220
Preferred Stock ......................... -0Com mon Stock ........................ 206
Surplus .............................. 1,152
Undivided Profits ...•.••..•......••.•• 1,518
Reserve for Loan Losses ................. 45
Total Equity Capital .................. 2,876
Subordinated Debt ...••••••.•..••.••..•• -0-
DIRECTORS: John E. Anthony, Steven M. Anthony, 0. D. Cathey, Rick Green, Kenneth D.
Keeton, Eric Stuckey, J. E. Word
32
('.L State of Arkansas: Bank Department
T
~-<:l<o.,..,
~
County: White
Charter Number: 465
Telephone: 882-6411
CITIZENS BANK
P.O. Drawer T
Beebe
Zip Code: 72012
Population: 4,000
Charter Date: June 21, 1917
Branches: 1
Bank Holding Company Afflllate: None
CEO: E. H. ABINGTON, II
PRESIDENT: J. DARREL HALL
SR. V.P.: JAMES A. LOVELL, JR.
V.P. & MARKETING: C. A. JONES
1ST V.P. & BRANCH MGR.: MARGIE JENSEN
CASHIER & OPERATIONS OFF.: ANNA
SPRADLIN
VICE PRESIDENT: BETTY LIDDLE
A.C. & DATA PROC.: GLENNA PRUITT
A.C.: KATHY NOKES
Total Assets ..•....•••...•.• ........ 34,247
Loans, Net ................. ......... 18,571
Securities .........•.••.... .••...•••.. 9.719
Interest Bearing Balances ••..•••....... 100
Total Deposits ................. ..... 30,782
No. Shares Authorized .......•.....•. 20,000
No. Shares Outstanding •.....•...•.• 20,000
Preferred Stock •............•••• ....••.. -0Com mon Stock .....••.••.....•• ...•.•• 200
Surplus ................. ............... 600
Undivided Profits .•..•..••........ .... 2,447
Reserve for Loan Losses ....••..•.....•. 328
Total Equity Capital ••.•....•..•...•. • 3,247
Subordinated Debt. .••......•.....•• .... -0-
DIRECTORS: E. H. Abington, II, Doyle Burns, Millan Burrow, G. Byrne Garrett, H. Leroy Goff, J.
Darrell Hall, Lee E. Hayes, Margie Jensen, C. A. Jones, James D. Rakes, H. Mayes Scott
FIRST STATE BANK
County: White
Charter Number: 742
Telephone: 882-6406
P.O. Box 2000
Beebe
Zip Code: 72012
Population: 4,000
Charter Date: April 20, 1981
Branches: 0
Bank Holding Company Affiliate: First Charter Bancshares, Inc.
CHAIR., PRES. & CEO: GARLAND
KIRKPATRICK
SENIOR V.P.: DAVID MILLER
CASHIER: MARILYN COLE
SR. CHAIR. OF BOARD: LYNDELL LAY
Total Assets ..•..............• ..•••• 23,376
Loans, Net ....•.•...••.•... •..•..••• 13,175
Securities ....•.....•••.... .......••.• 6,306
Interest Bearing Balances •.•..•.......• 100
Total Deposits •••...•........•. •.... 19,972
No. Shares Authorized .....•.••...... 50,000
No. Shares Outstanding ........•.... 50,000
Preferred Stock •••.••....•.•••. ....•...• -0Common Stock .••.....•.••••... .•.••.. 500
Surplus ••....••......... ........••.••.. 500
Undivided Profits •.•••••...•..•.•. ....• 769
Reserve for Loan Losses .......•.••....• 211
Total Equity Capital ....•..•••••..... . 1,769
Subordinated Debt .............••.. ..... -0-
DIRECTORS: Lyndell Lay, Garland Kirkpatrick, Eugene Holman, Keith K. Knight, Walter England,
Dr. Ruth Couch, Grace Crouch. David Miller
33
Seventy-Fourth Report
BENTON STATE BANK
Benton
P.O. Box 9
Zip Code: 72015
County: Saline
Charter Number: 664
Telephone: 778-0431
Population: 18,000
Charter Date: February 9, 1934
Branches: 4
Bank Holding Company Affiliate: Benton Slate Bankshares
PRES. & CEO: BOB ALSOBROOK
EX. V.P.: RUSSELL COLEMAN
SR. V.P.: HARRY MCCORMICK
VICE PRESIDENT: BARBARA WEAVER
VICE PRESIDENT: JOANN STANDFILL
Total Assets ...........••.••.•...•. 133,603
Loans, Net .....•....•..••........... 54,974
Securities ...••.••.••.••.•........... 59,289
Interest Bearing Balances .•.••.•.•..•.. 833
Total Deposits ...........••.••.•.•. 119,410
No. Shares Authorized .••.••.••...•. 132,000
No. Shares Outstanding •........... 132,000
Preferred Stock ..........•.••..•.....•.• -0Common Stock ..•..••............... 1,320
Surplus ................................ 825
Undivided Profits ........••.•...•..•. 10,682
Reserve for Loan Losses ••.••........... 575
Total Equity Capital •.••....••.••.•-.. 12,827
Subordinated Debt. .......•.•••••..•..•• -0-
DIRECTORS: Mrs. W.R. Alsobrook, Bob Alsobrook, Roy Bishop, Fred Briner, Calvin Brown, A. B.
Holiman, Jr., W. W. Jones, Malcolm Lawrence, Gordon Spivey, D. J. Stirman, Russell Coleman,
W. L. Tucker, Virgil Williams, Buzz May
THE UNION BANK OF BENTON
County: Saline
Charter Number: 706
Telephone: 778-0411
Benton
P.O. Box 687
Population: 18,000
Zip Code: 72015
Charter Date: January 11, 1954
Branches: 2
Bank Holding Company Affiliate: Arkansas Union Bankshares
CEO: GREG 8. BROWN
PRESIDENT: BOB GREGORY
SR. V.P.: DEBRA KEEN
Total Assets .•..•.•..•.•............ 73,303
Loans, Net ...........••.••.......... 27,697
Securities •.•••...•.................. 31,483
Interest Bearing Balances .•....•...••. 8,815
Total Deposits .........•.••.••...... 65,914
No. Shares Authorized ..........•..•• 72,940
No. Shares Outstanding •..•.••.•.••. 72,940
Preferred Stock .••.............•.••.•... -0Common Stock ...•••................•• 729
Surplus ..•...•....•.••......••.•..•.... 857
Undivided Profits ..••.•...•.•..•.•••.• 3,878
Reserve for Loan Losses ....••••••....•• 352
Total Equity Capital .....•...•.•...... 5,464
Subordinated Debt ...••..•...•••.•••..• 225
DIRECTORS: June G. Brown, Lilburn Carlisle, J. D. Harris, R. G. Kuerner, I. E. McCray Sr., I. E.
McCray Jr., John Young, Greg B. Brown
34
State of Arkansas:
Bank Department
BANK OF BENTONVILLE
201 N.E. A
P.O. Box 1229
Bentonville
Zip Code: 72712
Population: 10,000
Charter Date: February 25, 1931
Branches:4
County: Benton
Charter Number: 641
Telephone: 273-3331
Bank Holding Company Affiliate: Walton Enterprises
PRES, & CEO: BURTON E. STACY
EXEC. V.P.: JOHN FRYER
EXEC. V.P.: DAVID SHORT
SR. V.P.: WARREN FIELDS
SR. V.P.: JIM CARGILL
Total Assets ...••••..•.••...• •.•..• 184.463
Loans, Net ..••.•...••.••.• ..•...... 116,099
Securities •.••.•••.•....... ..•.••.••• 51,580
Interest Bearing Balances •..•...••.... 3,661
Total Deposits •.....•••.•.••••. .... 163,600
No. Shares Authorized ......•.••.... 100,000
No. Shares Outstanding •.••.....•.•. 78,400
Preferred Stock •..•.••.••....... .•..•.•• -0Common Stock ••••..........••. ....•.. 980
Surplus ...........•••... ..•........•. 5,270
Undivided Profits •.•...•.....•.••. ... 10,202
Reserve for Loan Losses ........••••.. 1,588
Total Equity Capital •.•.•..•.••.....• 16,452
Subordinated Debt. ...•..•....•.••.. .... -0-
DIRECTORS: Edward Adair, George Billingsley, R. E. Buck, Max Burger, Ralph Dunn, Jim
Eskridge, Glenn Featherston, Lael Finch, John Fryer, David Glass, Bill Lee, John Shores, Burton
Stacy
BANK OF BLEVINS
County: Hempstead
Charter Number: 385
Telephone: 874-2541
P.O. Box 158
Blevins
,
Zip Code: 71825
Population: 314
Charter Date: August 12, 1912
Branches: O
Bank Holding Company Affiliate: First National Bancshares of Hempstead County, Inc.
PRESIDENT: P. C. STEPHENS
CEO: MIKE STEPHENS
Total Assets ................. ....... 10,372
Loans, Net .•..••.•........• ••....•... 3,863
Securities •........••.•.... .•...•.•.•• 1,821
Interest Bearing Balances .•...••...... 3,563
Total Deposits .•.••..••.•...... ...•.. 9,499
No. Shares Authorized ...•.•..••.••.• 16,000
No. Shares Outstanding ......•.•....• 8,050
SR. V.P.: NELL STEPHENS
ADMIN. ASST.: PEGGY BUTLER
Preferred Stock ...•..•......•..• ..•....• -0Common Stock .•....•...•..•.•. ..•.•.. 101
Surplus •..•.••.....•.•.. .•.•........•.• 150
Undivided Profits .•..........•.••. .•••• 569
Reserve for Loan Losses •....•.•...•.•... 64
Total Equity Capital •......•....••... ... 820
Subordinated Debt ....•••••........ .•••• -0-
DIRECTORS: Mike Stephens, Nell Stephens, Thomas E. Hays, Jr., Harold M. Stephens
35
Seventy-Fourth Report
FARMERS BANK & TRUST COMPANY
County: Mississippi
Charter: 253
Telephone: 763-8101
Blytheville
P.O. Box 688
Population: 23,844
Zip Code: 72315
Charter Date: March 16, 1908
Branches: 3
Bank Holdlng Company AffHiate: Farmers Bancorp, Inc.
CHAIR. & CEO: JAMES L. MAGEE
PRESIDENT: ALVIN HUFFMAN Ill
SR. V.P.: STEVE BELL
CASHIER: ROBERT G. COX
VICE PRES.:MIKE HUFFMAN
VICE PRES.: JOE CHURCHILL
TRUST OFFICER: DONA HOLMES
Total Assets ...................... .. 97,043
Loans, Net ...................... .... 34,026
Securities ...................... ..... 40,116
Interest Bearing Balances ............ 10,637
Total Deposits ...................... 87,842
No. Shares Authorized ............... 40,000
No. Shares Outstanding ............ .40,000
Preferred Stock ...................... ... -0Common Stock ...................... 1,000
Surplus ...................... ........ 2,750
Undivided Profits ..................... 4,172
Reserve for Loan Losses ................ 373
Total Equity Capital .............•.... 7,922
Subordinated Debt. ..................... -0-
DIRECTORS: James L. Magee, Gaylon M. Lawrence, Jr., Alvin Huffman 111, Dale S. Briggs, Jerry
Cohen, Glen A. Cook, Lee A. Crowe, R. A. Porter, Paul C. Hughes, Dr. Herbert Jones
CITIZENS BANK OF BOONEVILLE
County: Logan
Charter Number: 397
Telephone: 675-2747
Booneville
P.O. Box 238
Zip Code: 72927
Population: 3,718
Charter Date: April 18, 1910
Branches: 2
Bank Holding Company Affiliate: First Western Bancshares
PRES. & CEO: JERAL Le HAMPTON
EX. V.P.: JOHN T. HAMPTON
SR. V.P. & CASHIER: BILL MITCHELL
SR. V.P.: SHIRLEY YOUNG
SR. V.P.: JOE EARP
VICE PRESIDENT: TOM CALLAN
ASST. V.P.: CAROLYN HOLT
ASST. V.P.: GLYNDA MCCONNELL
Total Assets ...................... .. 67,018
Loans. Net ...................... .... 35,630
Securities ...................... ..... 20,478
Interest Bearing Balances ............. 6,192
Total Deposits ...................... 60,827
No. Shares Authorized .............. 100,000
No. Shares Outstanding ............ 100,000
Preferred Stock .........•............ ... -0Common Stock ...................... 1,000
Surplus ...................... ........ 1,000
Undivided Profits ..................... 2,861
Reserve for Loan Losses ... , ............ 446
Total Equity Capital .................. 4,861
Subordinated Debt. ..................... -0-
DIRECTORS: Jeral L. Hampton, Chairman, A. B. Littlefield, W. C. Littlefield, Billy Dale Leslie,
Gene Remy, Rick Lippard, John T. Hampton
State of Arkansas:
36
Bank Department
THE BANK OF BRADLEY
P.O. Box 128
Bradley
Zip Code:.71826
County: Lafayette
Charter Number: 653
Telephone: 894-3322
Population: 790
Charter Date: April 10, 1933
Branches: 0
Bank Holding Company Affiliate: The Bradley Corporation
PRES. & CEO: LANE PIERCE
EX. V.P.: BILLIE PIERCE
CASHIER: WANDA HAYES
Total Assets ..••.•.............•.• .... 9.513
Loans, Net ........•.....•..•....• .•. .4,542
Securities .....•......•.•....••. •..... 1,726
Interest Bearing Balances ......•....•. .480
Total Deposits ..........•......•.•.. . 8,745
No. Shares Authorized ........•.•.... 10,000
No. Shares Outstanding .........••.• 10,000
Preferred Stock ............••.•...••• ... -0Common Stock .•.••.•......•.....•.•• • 100
Surplus ....•.•........•...... .•••...... 650
Undivided Profits ...............•••.... .• 42
Reserve for Loan Losses .•.•.•...•.•..... 82
Total Equity Capital .••.••......•....... 708
Subordinated Debt. •..............••.•.. -0-
DIRECTORS: Lane Pierce, Gerald Crabtree, Randy Griffing
BANK OF BRINKLEY
County: Monroe
Charter Number: 110
Telephone: 734-3133
P.O. Box 727
Brinkley
Zip Code: 72021
Population: 4,909
Charter Date: January 17, 1903
Branches: O
Bank Holding Company Affiliate: Brinkley Bancshares, Inc.
CHAIRMAN & CEO: A. H. RUSHER
PRESIDENT: GUS RUSHER
EX. V.P.: HAROLD HARDWICK
VICE PRES.: TERRY SINGLETERRY
CASHIER: MILDRED DICKSON
ASST. V.P.: TODD WILSON
ASST. CASHIER: KITTY SMITH
ASST. CASHIER: DELMA GROSS
Total Assets .••••.........•..•••.. .• 55,229
Loans, Net ........•....•..••...• .••. 17,678
Securities ••.••....•.....•.•.•.. •.•.. 23,307
Interest Bearing Balances ...........•• 8,275
Total Deposits •............••.....•. 49,151
No. Shares Authorized .•..•....••.... 24,000
No. Shares Outstanding .•......•.... 24,000
Preferred Stock ...........••.....•.•. •.. -0Common Stock ••.••......•...•.....• .• 600
Surplus •......•.•.••......•.. ••..•.•. 2,000
Undivided Profits •....•.••.•.......... 3,057
Reserve for Loan Losses ......••••....•. 308
Total Equity Capital ........•....•.... 5,657
Subordinated Debt ....•.••.....•..•..... -0-
DIRECTORS: A.H. Rusher, A. L. Rusher, Gus Rusher, L. C. Dial, S. A. McKnight, Harold Hardwick,
J. C. Carroll, Jr., Steve Fowler, Don Fuller
Seventy-Fourth Report
37
BANK OF CABOT
County: Lonoke
Charter Number: 120
Telephone: 843-3575
1 City Plaza
Cabot
P.O. Box 1028
Zip Code: 72023
Population: 6,029
Charter Date: March 23, 1903
Branches: 2
Bank Holding Company Affiliate: Cabot Bankshares, Inc.
PRES & CEO: JAMES M. PARK
V.P. & CASHIER: JOE W. PARK
VICE PRESIDENT: WILLIAM E. WILLIAMS
VICE PRESIDENT: JAUNITA MORDEN
VICE PRESIDENT: FRED CAMPBELL
CONTROLLER: DORIS WALKER
AUDITOR: OLETA KINDER
MARKETING OFF.: KAY BAUER
Total Assets ..•.•.•..•.•..•...•..•. .79, 112
Loans, Net .......................... 50,273
Securities .•..•....•..•.••.•...•..•.• 21,678
Interest Bearing Balances ........•...... -0Total Deposits .........••....•..•..• 71,571
No. Shares Authorized ............... 25,000
No. Shares Outstanding .••.•.•..••.. 25,000
Preferred Stock .....•..•.••.•........•.. -0Common Stock ....••.••.•............• 625
Surplus ................••.••.•••••.•• 1,575
Undivided Profits •.••.••••.•.......... 4,467
Reserve for Loan Losses •....•..•..••..• 965
Total Equity Capital •.••.•.•......•..• 6,667
Subordinated Debt. •.................... -0-
DIRECTORS: Howell M. Thompson, James M. Park, Joe W. Park, William G. Thompson, Gerald H.
Shock. William E. Williams, Larry Wood, Jack M. Lowman, Dearl Dixon
CARAWAY BANK
County: Craighead
Charter Number: 717
Telephone: 482-3329
Caraway
P.O. Box 39
Population: 1,165
Zip Code: 72419
Charter Date: November 29, 1962
Branches: 0
Bank Holding Company Affiliate: Caraway Bancshares, Inc.
CH., PRES., & CEO.: J. R. DAVID, JR.
EX. V.P.: DEBORAH TAYLOR
SR. V.P.: JEAN GOODMAN
V.P. & CASHIER: GUNDEL MARTIN
Total Assets ........................ 10,121
Loans, Net .......•.•................. 4,625
Securities ............................ 3,125
Interest Bearing Balances .••.•••..•.•. 1,097
Total Deposits ...........•..•.......• 9,306
No. Shares Authorized ••............. 10,080
No. Shares Outstanding ............. 10,080
Preferred Stock •..•.........••.••.•••••• -0Common Stock ...•.••.•..••.••.......• 252
Surplus ••.•..•.•.......•..•..••..•.••.. 100
Undivided Profits .............•.••.••.• 399
Reserve for Loan Losses •..•............ 157
Total Equity Capital .••.•..••..•........ 751
Subordinated Debt ..•........•.••..••••. -0-
DIRECTORS: J. R. David, Lee David, Deborah Taylor, Gundel Martin, Ewart Scarff
State of Arkansas:
38
Bank Department
CITIZENS BANK & TRUST
Carlisle
P.O. Box 69
Population: 2,500
Zip Code: 72024
Charter Date: December 22, 1930
Branches: 1
County: Lonoke
Charter Number: 628
Telephone: 552-7571
Bank Holding Company Affiliate: Carlisle Bancshares, Inc. & Grand Prairie
Bancshares, Inc.
PRES. & CEO: M. S. WOODRUFF
SR. V.P.: BILL J. SHOUP
VICE PRESIDENT: DAN HORTON
V.P. & TRUST OFF.: M. GAINES YOUNG, JR.
Total Assets ........................ 48,998
Loans, Net .......................... 29,358
Securities ........................... 15,718
Interest Bearing Balances .............. 496
Total Deposits ...................... 43,700
No. Shares Authorized ............... 39,000
No. Shares Outstanding ............. 39,000
Preferred Stock ......................... -0Com mon Stock ........................ 975
Surplus .............................. 1,025
Undivided Profits ..................... 2,618
Reserve for Loan Losses ................ 490
Total Equity Capital .................. 4,618
Subordinated Debt. ..................... -0-
DIRECTORS: M. S. Woodruff, Garland Cazer, J. F. Gartman, Daniel C. Horton, Charles C. Hunt,
Charles C. Owen, Bill J. Shoup, Randall Snider, M. Gaines Young, Clifford Bennett, C. W. Harper
BANK OF CAVE CITY
County: Sharp
Charter Number: 209
Telephone: 283-5301
Cave City
P.O. Box 490
Zip Code: 72521
Population: 1,693
Charter Date: July 2, 1906
Branches: O
Bank Holding Company Afllllate: Sharp Bancshares, Inc.
PRES. & CEO: EUGENE STREET
EX. V.P.: JAMES M. STREET
SR. V.P.: CLIFTON CRABTREE
VICE PRESIDENT: ANN C. JAMES
VICE PRESIDENT: GAYLA HICKMAN
VICE PRESIDENT: LINDA SIMMONS
Total Assets ........................ 22,670
Loans, Net .......................... 12,149
Securities ............................ 8,719
Interest Bearing Balances .............. 200
Total Deposits ...................... 20,669
No. Shares Authorized .......•........ 4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ......................... -0Common Stock ........................ 100
Surplus ................................ 400
Undivided Profits ..................... 1,254
Reserve for Loan Losses ................ 206
Total Equity Capital .................. 1,754
Subordinated Debt ...................... -0-
DIRECTORS: Eugene Street, James E. Street, James M. Street, Samuel F. Beller, Clifton Crabtree
39
Seventy-Fourth Report
AMERICAN STATE BANK
County: Franklin
Charter Number: 314
Telephone: 965-2201
Charleston
P.O. Box 128
Zip Code: 72933
Population: 1,748
Charter Date: June 29, 1910
Branches: 1
Bank Holding Company Alfillate: American Bancshares of Arkansas, Inc.
PRESIDENT: MICHAEL F. FLYNN
CEO: JOE S. HIATT
VICE PRESIDENT: J. SHERMAN HIATT
AUDITOR: MARGIE HIATT
VICE PRESIDENT: CHARLES BROWN
CASHIER/OPER. OFF.: ANGIE HAYNES
Total Assets •..............••••.•• .• 33,692
Loans, Net .......•..•.•..••••.•. .•.. 15,334
Securities ...••••......••.••.•.. .•..• 13,399
Interest Bearing Balances .•..•.•.•...• 2,375
Total Deposits ...•....••..•......... 28,668
No. Shares Authorized .•......•.•.•.. 12,000
No. Shares Outstanding •.•.......••. 12,000
Preferred Stock ••.••.........••.••.•• .•• -0Common Stock .••.••.••.•.•......... •• 300
Surplus .....••.•.••.•.••.•... •.•..••. 1,000
Undivided Profits .......•.••....••..•. 2,698
Reserve for Loan Losses •..........••••• 245
Total Equity Capital •.•..••••••....••. 3,998
Subordinated Debt ....••.•..••.••.••.••• -0-
DIRECTORS: Joe S. Hiatt, J. Sherman Hiatt, Michael F. Flynn, Harold W. Jones, Clyed L. Hiatt,
Troy W. Clark, Joe 0. Larkin, W. Joe Medlock, John A McDonald
BANK OF CHERRY VALLEY
County: Cross
Charter Number: 228
Telephone: 588-3332
Cherry Valley
P.O. Box 188
Population: 750
Zip Code: 72324
Charter Date: January 24, 1907
Branches: 1
Bank Holding Company Affiliate: Cherry Valley Bancshares, Inc.
PRES. & CEO: W. M. SMITH, Ill
VICE PRESIDENT: EMMETT MILAM
CASHIER: YVONNE LACE
ASST. CASHIER: PEGGY GRUBBS
LOAN OFFICER: RICKY HARRISON
OPERATIONS OFF.: GLENDA FUTRELL
Total Assets ..........•..••.••.•.. .. 19,757
Loans, Net •.•.••.•.............. ..... 8,514
Securities ...•.•..•.•••.........• .••.• 6,360
Interest Bearing Balances ••.••.••.•... 3,652
Total Deposits ..............•..••.•• 16,069
No. Shares Authorized •............... 2,000
No. Shares Outstanding ••••.•.......• 2,000
Preferred Stock ...................... ... -0Common Stock ...................... .. 100
Surplus ...................... ........ 1,000
Undivided Profits ...................... 646
Reserve for Loan Losses •.••.•.......... 191
Total Equity Capital •..•.••••....•.••. 1,746
Subordinated Debt •••.•..•..••.••.•..•.• -0-
DIRECTORS: W. M. Smith, Jr., Emmett MIiam, Edward Maddox, W. M. Smith, Ill, Howard Beasley,
Harry Melhorn, Ill
40
State of Arkansas:
Bank Department
THE MERCH ANTS AND PLANTERS BANK
P.O. Box 280
Clarendon
Zip Code: 72029
County: Monroe
Charter Number: 21
Telephone: 747-3319
Population: 2,357
Charter Date: July 23, 1890
B(anches: O
Bank Holding Company Affiliate: Clarendon Holding Company
CHAIRMAN: JAMES B. SHARP
PRES. & CEO: J. PERRY LEE
CORP. SEC.: RHETA GRIFFITH
CASHIER: ESTELLE CATLETT
ASST. CASHIER: BETTY SIMPSON
Total Assets .............. .......... 19,712
loans, Net ............. ............. . 3,610
Securities ............. ............. . 12,870
Interest Bearing Balances .............. 490
Total Deposits .............. ........ 18,025
No. Shares Authorized ........•..... .. 6,000
No. Shares Outstanding .............. 6,000
Preferred Stock ............. ............ -0Common Stock .............. .......... 150
Surplus ............. ............. ...... 600
Undivlded Profits .............. ........ 782
Reserve for Loan Losses .............. ... 71
Total Equity Capital .............. .... 1,532
Subordinated Debt. .............. ....... -0-
DIRECTORS: James B. Sharp, J. Perry lee, Rheta Griffith, Donald A. Davis, B. J. Hopson
ARKANSAS STATE BANK
County: Johnson
Charter Number: 722
Telephone: 754-6325
P.O. Box 100
Clarksville
Zip Code: 72830
Population: 5,200
Charter Date: March 8, 1967
Branches: 3
Bank Holding Company Affiliate: Arkansas State Bankshares, Inc.
PRES. & CEO: DONALD PERRY
V.P. & CASHIER: BETTY CALLAHAN
VICE PRESIDENT: BILL LANDRUM
VICE PRESIDENT: DENTON TUBlESON
OPERATIONS: DAVID CHAPMAN
Total Assets .............. .......... 45,792
loans, Net ............. ............. 19,031
Securities .............. ............. 19,085
Interest Bearing Balances ............. 2,334
Total Deposits .............. ........ 41,913
No. Shares Authorized .............. . 12,000
No. Shares Outstanding ............. 12,000
Preferred Stock .............. ........... -0Common Stock ............. ........... 120
Surplus ............. ............. .... 1,880
Undivided Profits .............. ....... 1,516
Reserve for loan losses .............. . .425
Total Equity Capital .............. .... 3,516
Subordinated Debt .............. ........ -0-
DIRECTORS: Jefferson H. Haney, Harold Whitson, Jim Dickerson, Jr., James Randolph Ford,
Donald F. Perry, Guy P. Shrigley, Armil Taylor, R. L. Thompson
41
Seventy-Fourth Report
FARMERS BANK & TRUST COMPANY
County: Johnson
Charter Number: 737
Telephone: 754-2020
Clarksville
P.O. Box 288
Zip Code: 72830
Population: 5,200
Charter Date: July 6, 1978
Branches: 2
Bank Holding Company Affiliate: Farmers Investment Corporation
PRESIDENT:
PRESIDENT:
PRESIDENT:
PRESIDENT:
ROBERT C. MAGEE
NINA MASON
HAROLD JOHNSON
REBECCA UPTON
CHAIRMAN: JAMES C. EAST
PRESIDENT: ERNEST LEE WHITE
CEO: JOE WOODSON
SR. V.P.: RONALD R. COLLINS
VICE PRESIDENT: MARY LOU WARREN
VICE
VICE
VICE
VICE
Total Assets ........................ 64,744
Loans, Net .......................... 39,560
Securities ........................... 17,364
Interest Bearing Balances .............. 200
Total Deposits ...................... 59,328
No. Shares Authorized ................ 6,000
No. Shares Outstanding .............. 5,495
Preferred Stock ......................... -0Common Stock ........................ 549
Surplus .............................. 2,000
Undivided Profits ..................... 1,725
Reserve for Loan Losses ................ 514
Total Equity Capital ................. .4,274
Subordinated Debt •.................... 600
DIRECTORS: James C. East, Robert A. Hurley, J. E. Lewis, Robert C. Magee, Steven Morgan,
Dayne Phillips, Bill Porter, Ted Riley, J. T. White, Ernest Lee White, Joe A. Woodson
CLINTON STATE BANK
County: Van Buren
Charter Number: 695
Telephone: 745-2441
Clinton
P.O. Box 57
Population: 2,100
Zip Code: 72031
Charter Date: October 16, 1946
Branches: 4
Bank Holding Company Affiliate: Clinton Bancshares, Inc.
CHAIRMAN & CEO: BOB MORGAN
PRESIDENT: DYKE JOHNSON
EX. V.P.: BUD MCKNIGHT
SR. V.P.: JO SMITH
V.P. & CASHIER: CHARLES E. SMITH
VICE PRESIDENT: EILEEN SMILEY
VICE PRESIDENT: ROBERT BARNUM
SR. CHAIRMAN: JOHN L. JOHNSON
Total Assets ........................ 62,993
Loans, Net .......................... 28,261
Securities ........................... 24,909
Interest Bearing Balances ............. 1,599
Total Deposits ...................... 57 ,839
No. Shares Authorized ............... .4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ......................... -0Common Stock ....................... .400
Surplus .............................. 2,100
Undivided Profits ..................... 2,025
Reserve for Loan Losses ................ 468
Total Equity Capital .................. 4,525
Subordinated Debt. ..................... -0-
DIRECTORS: Paul L. Bone, Jay W. Jackson, Dyke Johnson, John L. Johnson, Joe E. Lee, Roy
Lefler, Jr., Bud McKnight, Bob Morgan
42
State of Arkansas:
Bank Department
FIRST STATE BANK AND TRUST COMPANY
County: Faulkner
Charter Number: 693
Telephone: 329-5656
P.O. Box 729
Conway
Zip Code: 72032
Population: 23,073
Charter Date: February 8, 1946
Branches: 5
Bank Holdlng Company Afflllate: Worthen Banking Corporation
CHAIR. & CEO: MARLIN D. JACKSON
PRESIDENT: BILLY JOE DAUGHERTY
SR. Y.P.: JOHN STANTON
SR. Y.P. & T.O.: RICHARD CLARK
Y.P. & CASHIER: ALVIN GLEN ROSS
Total Assets ................. ...... 155,070
Loans, Net ................. ........ 111,705
Securities ................. .......... 25,449
Interest Bearing Balances ............. 2,935
Total Deposits ................. .... 143,439
No. Shares Authorized .............. 100,000
No. Shares Outstanding ............ 100,000
Preferred Stock ................. ...•.... -0Common Stock ................. ..... 1,000
Surplus ................. ............ .4,000
Undivided Profits ................. ... .4,823
Reserve for Loan Losses .............. 2,689
Total Equity Capital ................. . 9,823
Subordinated Debt ................. ..... -0-
DIRECTORS: Bob G. Banister, M.D., James H. Brewer, B. J. Daugherty, Alphonse M. Hiegel,
Marlin D. Jackson, J. W. McCracken, Charles D. Morgan, Jr., J. F. O'Kelley, Frank E. Robins, Ill,
Stanley Russ, Earl F. Rogers, M. M. Satterfield
CORNING BANK
County: Clay
Charter Number: 745
Telephone: 857-3592
P.O. Box 439
Corning
Zip Code: 72422
Population: 3,650
Charter Date: June 15, 1984
Branches:2
Bank Holding Company Affiliate: First Paragould Bankshares, Inc.
PRES. & CEO: KELLY G. WRIGHT
EX. Y.P. & CASH: DONIS SIMPSON
V.P.-OPER.: LOUISE COLEMAN
STAFF ACCOUNTANT: LILA SHOCKLEY
AUDITOR/COMP . OFF.: VEDA ESMON
Total Assets ................. ....... 44,696
Loans, Net ................. ......... 20,885
Securities .........•.•..... .......... 19,512
Interest Bearing Baiances .............. 290
Total Deposits ................. ..... 38,924
No. Shares Authorized ............... 10,000
No. Shares Outstanding ............. 10,000
Preferred Stock ................. ........ -0Common Stock ................. ....... 100
Surplus ................. ............. 1,801
Undivided Profits ................. .... 1,333
Reserve for Loan Losses ................ 230
Total Equity Capital ................. . 3,234
Subordinated Debt. ................. .... -0-
DIRECTORS: Larry Brewer, William E. Brewer, G. L. Lieblong, Dr. George A. Haynes, Frank
Schreit, Jr., J. C. Cothren, Roy Mcspadden, J. T. Meriwether, Douglas Pillow, Dr. J. M. Williams,
Charles Williamson, Kelly G. Wright
43
Seventy-Fourth Report
FIRST STATE BANK
County: Ashley
Charter Number: 718
Telephone: 364-5131
Crossett
P.O. Box 638
Zip Code: 71635
Population: 6,700
Charter Date: March 13, 1963
Branches: 1
Bank Holding Company Afflliate: Evergreen Bancshares, Inc.
CHAIRMAN: RICHARD E. GRIFFIN
PRES. & CEO: JIMMY V. FINCHER
VICE PRESIDENT: DONALD W. WOODS
CASHIER: CHERYL GOODWIN
ADMIN. OFFICER: JEANIE PARKER
ASST. CASH. & HEAD TEL.: ERMA WALKER
Total Assets ................. ....... 14,450
Loans, Net ................. .......... 8,729
Securities ................. ........... 2,324
Interest Bearing Balances ............. 1,375
Total Deposits ................. ..... 13,455
No. Shares Authorized .............. 100,000
No. Shares Outstanding ............ 100,000
Preferred Stock ................. ........ -0Com mon Stock ..............•.. ...•• 1,000
Surplus ................. ...........•..• 380
Undivided Profits ................. ..... 449
Reserve for Loan Losses ................ 302
Total Equity Capital ................. ... 931
Subordinated Debt ........•........ ..... -0-
DIRECTORS: Charles Baxley, Richard E. Griffin, James S. Nolley, C. E. Ripley, Donald R. Rodgers
DANVILLE STATE BANK
County: Yell
Charter Number: 615
Telephone: 495-2236
Danville
P.O. Box 609
Population: 1,698
Zip Code: 72833
Charter Date: October 3, 1930
Branches:0
Bank Holding Company Affiliate: Chambers Bancshares, Inc.
CHAIRMAN: JOHN ED CHAMBERS, JR.
PRES. & CEO: JOHN ED CHAMBERS, Ill
SR. V.P.: EDWARD J. TAYLOR
V.P. & CASHIER: ODEAN PARKER
VICE PRESIDENT: PAUL WILLETT
VICE PRESIDENT: JERRY L SMITH
VICE PRESIDENT: ROBERT R. REDFERN
VICE PRESIDENT: DEBRA STRAIT
VICE PRESIDENT: WANDA BULL
VICE PRESIDENT: ZELTA BELL
Total Assets ................. ....... 73,, 3
Loans, Net ................. .......•. 35,697
Securities ................. .......... 17,357
Interest Bearing Balances ............ 14,689
Total Deposits ................. ..... 66,027
No. Shares Authorized ............... 10,000
No. Shares Outstanding ............. 10,000
Preferred Stock ................. ........ -0Common Stock ................. ....... 250
Surplus ................. ............. 2,750
Undivided Profits ................. .... 4,078
Reserve for Loan Losses ................ 459
Total Equity Capital ................. . 7,078
Subordinated Debt. ................. .... -0-
DIRECTORS: John Ed Chambers. Ill, John Ed Chambers, Jr., Edward J. Taylor, Lloyd R. George,
Fay Mathis, Charles Sloan, Mike Cornwell
44
State of Arkansas:
Bank Department
ARKANSAS VALLEY BANK
County: Yell
Charter Number: 714
Telephone: 229-2151
P.O. Box 330
Dardanelle
Zip Code: 72834
Population: 3,621
Charter Date: August 29, 1961
Branches: 1
Bank Holding Company Affiliate: Bankstock Two, lnc./Ozark Bankshares, Inc.
CEO: GEORGE G. GLEASON, II
CHAIRMAN: CARL G. HOLT
PRES.-BANK SERV.: MARK D. ROSS
DEPUTY CEO: LINDA D. GLEASON
SR. V.P. LENDING: LARRY M. DICKS
SR. V.P. MORT. SERV.: SONYA LEE
V.P.-OPER.: JUDY ELLIOT
CASHIER: DORTHY GEIBE
Total Assets ..•.•...••....•.. ....•.. 30,515
Loans, Net ................. ......... 18,039
Securities ...•............. ...•...••.• 5,910
Interest Bearing Balances .••.•...••... 3,743
Total Deposits ................. ..... 27,183
No. Shares Authorized ••........•.... 78,329
No. Shares Outstanding .....•....•.• 78.329
Preferred Stock ................. ........ -0Common Stock .............•... ..••... 783
Surplus ................. ............. 1,576
Undivided Profits ....••....•.•.... ..... 781
Reserve for Loan Losses ..........•....• 256
Total Equity Capital ..•.......•.....• • 3,140
Subordinated Debt. ................. .... -0-
DIRECTORS: Dr. Gilroy S. Cornwell, Larry M. Dicks. George G. Gleason, II, Linda D. Gleason,
Carl G. Holt, Rosemary D. Holt, Dr. Gene D. Ring, Mark D. Ross, Rennae Sims, William
Thornsberry
BANK OF DARDANELLE
County: Yell
Charter Number: 668
Telephone: 229-3311
P.O. Box 577
Dardanelle
Zip Code: 72834
Population: 3,621
Charter Date: September 12, 1934
Branches: 1
Bank Holding Company Affiliate: Bank of Dardanelle Bankshares, Inc.
CEO:H.M.ORSB URN
VICE PRESIDENT: V. E. LAMBERT
VICE PRESIDENT: JERRY SADLER
CASHIER: JANELLE PARKER
ASST. V.P.: OPAL ADKISON
ASST. CASHIER: JANETTA JAY
Total Assets ................. ....... 54,533
Loans, Net ................. ......... 21,003
Securities ................. .......... 18,578
Interest Bearing Balances •.••...•..... 9,850
Total Deposits ................. ..... 48,325
No. Shares Authorized ....•..••....•.. 8,000
No. Shares Outstanding ...•....•....• 8,000
Preferred Stock ................. ........ -0Common Stock ........••......• ......• 200
Surplus ................. ............... 825
Undivided Profits ................. .... 4,739
Reserve for Loan Losses ................ 199
Total Equity Capital ................. . 5,764
Subordinated Debt. ................. .... -0-
DIRECTORS: L. R. Berryhill, Fanny B. George, J. L. Hamilton. Evelyn H. Jones, H. M. Orsburn,
Noel VanDover, J. W. Wallis
Seventy-Fourth Report
45
DECATUR STATE BANK
Decatur
P.O. Box 38
Zip Code: 72722
County: Benton
Charter Number: 707
Telephone: 752-3281
Population: 1,013
Charter Date: May 27, 1954
Branches: 1
Bank Holding Company Afflliate: None
CHAIRMAN: LLOYD E. PETERSON
PRES. & CEO: VERNON L. AUSTIN
VICE PRESIDENT: PAUL GALYEAN
VICE PRESIDENT: BILL MONTGOMERY
VICE PRESIDENT: WANDA R. TORMEY
ASST. V.P.: BRENDA SPRINKLES
Total Assets .............•.......... 29,789
Loans, Net ..•....•.••.•..•.......... 21,632
Securities ••.•.••.•.••.•...........•.• 2,869
Interest Bearing Balances .............. 594
Total Deposits .••.••.•..........•... 26,150
No. Shares Authorized •.•............. 7,000
No. Shares Outstanding ••.•.•••..••.. 7,000
Preferred Stock .....•.•..•......•.••.••. -0Common Stock ...•.••.••.•.••.•..•..•. 350
Surplus •.••....••••••••••.•............ 350
Undivided Profits •.•......•.••.•..•... 2,742
Reserve for Loan Losses .•.•..••••.••.•. 645
Total Equity Capital ...........•••••.• 3,442
Subordinated Debt •....••.•.•........... -0-
DIRECTORS: Lloyd E. Peterson, Dorothy M. Peterson, Tom M. Edmiston, Or. E. N. McCollum,
Richard E. Wilmoth, Victor Evans, Paul Galyean, Vernon Austin
BANK OF DELIGHT
Delight
P.O. Box 68
Zip Code: 71940
County: Pike
Charter Number: 342
Telephone: 379-2293
Population: 468
Charter Date: June 16, 1911
Branches: 0
Bank Holding Company Afflllate: None
PRES. & CEO: OLEN HENDRIX
EX. V.P.: DARWIN HENDRIX
SR. V.P.: GUS WINGFIELD
Total Assets .•.........••.•......... 23,276
Loans, Net ..........••.••••.........• 7,982
Securities •.•..•..................... 11,287
Interest Bearing Balances .....••.••.•.• 100
Total Deposits .......••.•........... 20,360
No. Shares Authorized .....••.•.•.•..• 9.375
No. Shares Outstanding .............. 9,375
Preferred Stock ......................... -0Common Stock .•..............•..•..•• 234
Surplus .••.....••.•......•.•..•...... 1,200
Undivided Profits •.••.•.....••.•.••... 1,252
Reserve for Loan Losses ••.••....•.•.•... 98
Total Equity Capital •.•............... 2,686
Subordinated Debt. ..••••....•.•..•..••. -0-
DIRECTORS: Clarence Anthony. Olen Hendrix, Buford Hendrix, Darwin Hendrix, Gus Wingfield,
Cecil E. Johnson Ill, Larry May
46
State of Arkansas:
Bank Department
FIRST STATE BANK OF DE QUEEN
P.O. Box 970
De Queen
Zip Code: 71832
Population: 4,594
Charter Date: September 26, 1974
Branches: 1
County: Sevier
Charter Number: 731
Telephone: 642-4423
Bank Holding Company Affiliate: None
CHAIR.: LOU GRAY
PRES. & CEO: ART MELSON
EX. V.P.: LYNN CHANEY
CASHIER: JEAN TOLLETT
ASST. V.P.: BARBARA KITCHENS
ASST. CASHIER: MARGARET FENTON
AUDITOR: DAVID DUTTON
Total Assets ........................ 20,184
Loans, Net .......................... 12,455
Securities ..•............•.••.••.....• 3,578
Interest Bearing Balances ........••••. 1,282
Total Deposits ...................... 18,379
No. Shares Authorized .......•••••.. 100,000
No. Shares Outstanding ..•.•.••••... 76,000
Preferred Stock ......................... -0Com mon Stock •..•..•.......•••..•.... 760
Surplus •.•••..•.....•...••.••.•........ 100
Undivided Profits ...................... 810
Reserve for Loan Losses ................ 193
Total Equity Capital .......•••.•..•... 1,670
Subordinated Debt ...................... 20
DIRECTORS: Lou Gray, Gary Bell, R. S. Harris, Art Melson, Ron Moore, Dennis Smiley, Don
Stemple, Coy WIies
DERMOTT STATE BANK
County: Chicot
Charter Number: 672
Telephone: 538-3266
P.O. Box C
Dermott
Zip Code: 71638
Population: 4,731
Charter: Date July 8, 1935
Branches:0
Bank Holding Company Afflllate: None
PRES. & CEO: JAMES S. SUITT
VICE PRESIDENT: MARGARET MURPHY
VICE PRESIDENT: FRANK HENRY, JR.
VICE PRESIDENT: DENNIS J. LEE
ASST. V.P. & CASH: SANDRA BRASHER
ASST. V.P.: LOIS D. COMPTON
ASST. V.P.: SHEILA BRANNON
Total Assets ........................ 17,528
Loans, Net ........................... 2,766
Securities ........................... 11,049
Interest Bearing Balances .........••.• 1,981
Total Deposits •.•.••..•.•.••.•.•...• 14,720
No. Shares Authorized ••.••••••..•.•• 18,000
No. Shares Outstanding ••........... 18,000
Preferred Stock ......................... -0Common Stock ...............•..•..•.• 450
Surplus .••.•••.••.•.............•••••.• 550
Undivided Profits •.......•.....••.••.. 1,611
Reserve for Loan Losses ................. 98
Total Equity Capital .................. 2,611
Subordinated Debt. ..................... -0-
DIRECTORS: John M. Arnn, John Jeffrey Baxter, John M. Baxter, W. A. Baxter, Frank Henry, Jr.,
Clarence Horton, Bernard Levi, Lawrence W. Levi, James S. Suitt
Seventy-Fourth Report
47
FIRST STATE.BANK OF DERMOTT
County: Chicot
Charter Number: 732
Telephone: 538-3221
Freeman and Peddicord
Dermott
P.O. Drawer O
Population: 4,731
Zip Code: 71638
Charter Date: October 15, 1976
Branches:0
Bank Holding Company Affiliate: Dermott Bancshares, Inc.
CHAIRMAN: H. W. THOMAS
PRES. & CEO: TOM H. GRUMBLES
EX. V.P.: MARY K. TUCKER
CASHIER: CLAUDINE RADANOVICH
ASST. CASHIER: GERALDINE PARKER
Total Assets ..................•.•••• 19,090
Loans, Net ........................... 8,130
Securities ............................ 7,460
Interest Bearing Balances ...•.•.•..... 1,189
Total Deposits ...................... 16,029
No. Shares Authorized ..•..•.....•..• 18,750
No. Shares Outstanding .....•.•.••.• 15,000
Preferred Stock ......................... -()Common Stock ...•.•......•.•••••..... 150
Surplus .......•..•••...••..•..•.••.•••. 725
Undivided Profits ...................... 988
Reserve for Loan Losses ................ 146
Total Equity Capital .................. 1,863
Subordinated Debt. ..................... -0-
DIRECTORS: R. H. Dennington. Robert B. Gibson, Tom H. Grumbles, Leonard L. Hampson,
Daniel C. Horton, Don C. Scott, H. W. Thomas, M.D., Mary K. Tucker
FARMERS AND MERCHANTS BANK
County: Prairie
Charter Number: 84
Telephone: 256-4191
Des Arc
P.O. Box 369
Population: 2,000
Zip Code: 72040
Charter Date: January 20, 1902
Branches: o
Bank Holding Company Affiliate: Security Bancshares, Inc.
PRES. & CEO: SHEROD S. WHITE
VICE PRESIDENT: JAMES C. TIPTON
Total Assets ........................ 31,220
Loans, Net ........................... 9,861
Securities ........................... 19,664
Interest Bearing Balances •.....••.•..•.. -0Total Deposits ...................... 23,786
No. Shares Authorized ••.••.......... 78,819
No. Shares Outstanding ..•.•.•.••... 78,819
Preferred Stock ......................... -0Common Stock ........................ 788
Surplus .............................. 1,100
Undivided Profits ..................... 5,285
Reserve for Loan Losses ................ 183
Total Equity Capital .................. 7,173
Subordinated Debt ...................... -0-
DIRECTORS: S. R. Nichols, Henry Nichols, Sherod White, James Tipton, V. 0. Calhoun, Jr.,
Donald Guess, Graham Mullen, George Ford, R. L. Morton, Leo Simmons
48
State of Arkansas:
Bank Department
DEWITT BANK & TRUST COMPAN Y
County: Arkansas
Charter Number: 605
Telephone: 946-3531
P.O. Drawer 71
DeWitt
Zip Code: 72042
Population: 3,928
Charter Date: March 1, 1929
Branches:0
Bank Holding Company Affiliate: DBT Financial Corporation
CHAIRMAN: ELMER FERGUSON
VICE CHAIRMAN: JULIAN BROWN
PRES. & CEO: GARY HUDSON
SR. V.P.: LARRY O'BRIANT
V.P. & SR. T.O.: FRANK ELLIS
VICE PRESIDENT: MOLLY HAGEMAN
AUDITOR: TERRY McCULLARS
Total Assets ................. ....... 61,672
Loans, Net ................. ......... 23,183
Securities •.••..•..•••..•• ..••....... 29,030
Interest Bearing Balances ..••....••••. 4,085
Total Deposits ..•..•.....•.•... .••.• 51,35B
No. Shares Authorized .•...•.•••..... 54,000
No. Shares Outstanding ...........• .40,959
Preferred Stock ........•••...•.. ......•• -0Common Stock ................. ..... 1,350
Surplus ................. ............. 3,150
Undivided Profits ..•••••...••.•..• ..•• 5,303
Reserve for Loan Losses .....••....••.•• 652
Total Equity Capital ................. . 9,803
Subordinated Debt.. ................. ... -0-
DIRECTORS: W. H. Botts, Julian Brown, E. E. Denman, Ray D. Dickson, Elmer Ferguson, Wayne
Hampton, Gary Hudson, George Pike, Charles W. Rasco Ill, Nancy F. Rasco, Jack Whitmore
DUMAS STATE BANK
County: Desha
Charter Number: 729
Telephone: 382-4204
P.O. Box 700
Dumas
Zip Code: 71639
Population: 6,091
Charter Date: January 11, 1974
Branches: 0
Bank Holding Company Affiliate: Dumas Bancshares, Inc.
PRES. & CEO: JAMES R. HALL
VICE PRESIDENT: DENNIS FERGUSON
CASHIER: ANITA GRIMES
Total Assets ................. ....... 20,723
Loans, Net ................. ......... 11,080
Securities •..•....•.•...•.• •.........• 5,299
Interest Bearing Balances •.••..•••.•..• 398
Total Deposits ................. ..... 1B,9B4
No. Shares Authorized ............••. 30,000
No. Shares Outstanding ......•.•.... 30,000
Preferred Stock ................. ........ -0Common Stock ..•.•••••..•.•.• ........ 300
Surplus .••.•...•.•...... ......••.••..•. 700
Undivided Profits ................. ..... 640
Reserve for Loan Losses •...•..•...•.... 17B
Total Equity Capital ........•..••..•. • 1,640
Subordinated Debt. ................. .... -0-
DIRECTORS: James R. Hall, A. 0. French, Merle Peterson, M.E. McDonald, Dorothy Moore,
Howard R. Harris, William F. Teeter, William A. West, Herman Vickers
49
Seventy-Fourth Report
MERCHANTS AND FARMERS BANK
County: Desha
Charter Number: 278
Telephone: 382-4311
Dumas
P.O. Drawer D
Zip Code: 71639
Population: 6,091
Charter: Date May 9, 1909
Branches: 1
Bank Holding Company Affiliate: M & F Financial Corporation
CHAIR, PRES. & CEO: LORAL ADCOCK
V.P. & T.O.: J. MICHAEL JONES
EX. V.P. & CASHIER: DAVID J. GARRETT
Total Assets ...••.•.••..•..•.......• 47,974
Loans, Net ..•..•••..•..•............ 24,667
Securities ..•.••••••.••...........•.. 14,982
Interest Bearing Balances ..••.•.•..•.. 2,066
Total Deposits •.........••••.••.•..• 42,573
No. Shares Authorized ••.••.••••..•.• 40,000
No. Shares Outstanding .••.••.•.••.• 40,000
Preferred Stock .••..•..•....••.••....... -0Common Stock ••..•.••....•.••.•••.. 1,000
Surplus •.•...............•.••.••.•... 1,000
Undivided Profits ..••.•..••.••.••.•... 2,993
Reserve for Loan Losses ..•.••....•••••• 409
Total Equity Capital .........•..•.••.• 4,993
Subordinated Debt. •....••.•.••......... -0-
DIRECTORS: Loral M. Adcock, Claud T. Frank, J. E. Allmon, Jr., Charles H. Dante, Edgar C.
Gannaway, Marion S. Gill, Harold L. Jones, Clifton L. Meador, David 0. Porter, Ill, Thomas F. Shea
EARLE STATE BANK
County: Crittenden
Charter Number: 696
Telephone: 792-8613
Earle
P.O. Box 248
Zip Code: 72331
Population: 3,500
Charter Date: April 24, 1947
Branches: 1
Bank Holding Company Affiliate: Earle Bankshares, Inc.
PRES. & CEO: JOHN E. GREGSON
EX. V.P.: CHRIS LEHMAN
SR. V.P.: MARV DAVIS
Total Assets ......•.....•....•...•.. 29,866
Loans, Net ..............•..•.••..•.• 16,425
Securities .•.••.•..••................. 6,461
Interest Bearing Balances ••.••••••..•. 1,578
Total Deposits •..•..•....••••.•.•••• 25,145
No. Shares Authorized .............. 100,000
No. Shares Outstanding ••.•..•.•... 100,000
Preferred Stock .••.......•...•..•....... -0Common Stock ...................... 1,000
Surplus .............................. 2,000
Undivided Profits ........••.••.••..... 1,479
Reserve for Loan Losses ................ 144
Total Equity Capital •....••.••.••.... .4,479
Subordinated Debt. .•••••••••.....•••••• -0-
DIRECTORS: W. P. Morrison, John Morrison, Joe Morrison, Price Morrison, David Wallace,
Jimmy Taylor, J. W. Young, Jr., Chris Lehman, John Gregson
50
State of Arkansas:
Bank Department
THE DELTA STATE BANK
County: Phillips
Charter Number: 697
Telephone: 827-3397
P.O. Box 595
Elaine
Zip Code: 72333
Population: 1,110
Charter Date: December 30, 1947
Branches: 0
Bank Holding Company Affiliate: None
PRES. & CASHIER: MARY LOUISE
DEMORET FISER
Total Assets ...................... .... 2,473
Loans, Net. ...................... ...... 355
Securities ...................... ....... 644
Interest Bearing Balances ........•..... 200
Total Deposits ...................... . 1,417
No. Shares Authorized ................ 1,600
No. Shares Outstanding .............. 1,600
Preferred Stock ...................... ... -0Common Stock ...................... ... 40
Surplus ...................... ........... 80
Undivided Profits ...................... 936
Reserve for Loan Losses .................. 6
Total Equity Capital .................. 1,056
Subordinated Debt. ..................... -0-
DIRECTORS: Lamar Marks, Esley E. Johnson. Sr., V. Poindexter Fiser, Mary Louise Demoret Fiser
THE EXCHANGE BANK & TRUST COMPANY
County: Union
Charter Number: 658
Telephone: 862-6683
224 North Washington
P.O. Box 641
El Dorado
Zip Code: 71731
Population: 26,685
Charter Date: August 12, 1933
Branches: 2
Bank Holding Company Affiliate: Exchange Bancshares, Inc.
PRES. & CEO: ROBERT P. TAYLOR
SR. V.P.-OPERATIONS: STEVE
LEVERETTE
SR. V.P.-LENDING: H. GLENN RAMBIN
SR. V.P.-LOAN ADMIN. & COMP.:
CAROLYN BEAVERS
SR. V.P.-TRUST & INVEST.: R. DOUGLAS
WRIGHT
V.P./CONTROLLER: JOHN SINCLAIR
Total Assets ...................... .. 95,063
Loans, Net ...................... .... 46,773
Securities ...................... ..... 34,740
Interest Bearing Balances ............. 3,526
Total Deposits ...................... 82,935
No. Shares Authorized ............. .'200,000
No. Shares Outstanding ...........• 132,000
Preferred Stock ...................... ... -0Common Stock ...................... 1,000
Surplus ...................... ........ 1,000
Undivided Profits ..................... 6,436
Reserve for Loan Losses ................ 825
Total Equity Capital .................. 8,436
Subordinated Debt ..................... 500
DIRECTORS: James W. Garlson, D. R. James, Jr., John R. Meadows, Charles Thomas, Bruce
Anthony, George Haefner, Rodney Landes, Jim Sheppard, M.D., Gerald Young, Edward Hurley,
Bill G. McGuire, Robert P. Taylor, John R. Williamson, M.D.
51
Seventy-Fourth Report
BANK OF ELKINS
Elkins
P.O. Box 333
Zip Code: 72727
County: Washington
Charter Number: 377
Telephone: 643-2131
Population: 600
Charter Date: June 1, 1912
Branches: 1
Bank Holding Company Affiliate: Community lnveslmenl, Inc.
PRES. & CEO: JOEL L. BUNCH
CASHIER, EX. V.P.: JOYCE R. BUNCH
VICE PRESIDENT: RANDALL D. HARPER
ASST. CASHIER: MARGIE R. EATON
Total Assets ........................ 22,900
Loans, Net .......................... 15,329
Securities ............................ 4,239
Interest Bearing Balances .............. 900
Total Deposits ...................... 20,984
No. Shares Authorized ............... 12,500
No. Shares Outstanding ............. 10,000
Preferred Stock ......................... -0Common Stock ........................ 250
Surplus ................................ 591
Undivided Profits ...................... 993
Reserve for Loan Losses ................ 197
Total Equity Capital .................. 1,834
Subordinated Debt. ..................... -0-
DIRECTORS: Joel L. Bunch, Joyce R. Bunch, Sarah L. Bunch, David R. Malone
BANK OF ENGLAND
123S. Main
England
P.O. Box 70
Zip Code: 72046
County: Lonoke
Charter Number: 48
Telephone: 842-2555
Population: 3,018
Charter Date: August 8, 1898
Branches: o
Bank Holdlng Company Affiliate: None
PRES. & CEO: SETH BOLES, JR.
CASHIER: OTHA E. FRIZZELL
ASST. V.P.: GARY R. CANADA, SR.
Total Assets ........................ 15,387
Loans, Net ........................... 6,356
Securities ............................ 5,021
Interest Bearing Balances .............. 297
Total Deposits ...................... 13,152
No. Shares Authorized .........•..... 10,000
No. Shares Outstanding ............. 10,000
Preferred Stock ......................... -0Common Stock ........................ 100
Surplus ...•......................•..... 750
Undivided Profits ..................... 1,257
Reserve for Loan Losses ......•......... 123
Total Equity Capital .................. 2,107
Subordinated Debt. ..................... -0-
DIRECTORS: Seth Boles, Jr., Otha E. Frizzell, Thomas 0. Murchison, Sr., Gary R. Canada, Sr.
52
State of Arkansas:
Bank Department
THE CITIZENS BANK
P.O. Box 190
England
Zip Code: 72046
Population: 3,018
Charter Date: January 14, 1931
Branches: 0
County: Lonoke
Charter Number: 633
Telephone: 842-2541
Bank Holding Company Affiliate: None
PRES. & CEO: KAYE L HALL
V.P. & LOAN OFF.: BOBBY D.
MONTGOMERY
V.P. & CASHIER: SHEILA C. RICE
Total Assets ................. ....... 21,087
Loans, Net ................. .......... 8,366
Securities ................. ........... 6, 116
Interest Bearing Balances ............. 4,060
Total Deposits ................. ..... 18,027
No. Shares Authorized ................ 9,600
No. Shares Outstanding .............. 9,600
Preferred Stock ...•............. ........ -0Common Stock ................. ....... 240
Surplus ................. ............. 1,160
Undivided Profits ................. .... 1,555
Reserve for Loan Losses ................. 92
Total Equity Capital ................. . 2,955
Subordinated Debt ................. ..... -0-
DIRECTORS: Kaye L. Hall, Pauline Leonard, Dorothy Cc Morey, John W. Gann, D. B. Morgan, Jr.,
Bobby D. Montgomery, Sheila C. Rice
THE EUDORA BANK
County: Chicot
Charter Number: 629
Telephone: 355-8311
111 N. Main Street
P.O. Box 270
Eudora
Zip Code: 71640
Population: 3,840
Charter Date: December 23, 1930
Branches: 0
Bank Holding Company Affiliate: Delta Bancshares, Inc.
EX. V.P. & CEO: GENE KEITH
Y.P. & CASHIER: CLAUDENE STEPHENS
Total Assets ................. ....... 21,101
Loans, Net ................. .......... 7,812
Securities ................. ........... 9,046
Interest Bearing Balances ............. 2, 176
Total Deposits ................. ..... 17,084
No. Shares Authorized ............... 14,000
No. Shares Outstanding ............. 14,000
Preferred Stock ................. ........ -0Common Stock ................. ....... 350
Surplus ................. ............. 1,400
Undivided Profits ................. ..... 645
Reserve for Loan Losses ................ 193
Total Equity Capital ................. . 2,395
Subordinated Debt.. ................. ... -0-
DIRECTORS: W. K. Grubbs, Alvin Meyer, Jr., Charles Poole, Jimmy Pylate, William C. Rankin,
W. A. Selman, Dr. W. J. Weaver
Seventy-Fourth Report
53
BANK OF EUREKA SPRINGS
County: Carroll
Charter Number: 374
Telephone: 253-8241
P.O. Box 309
Eureka Springs
Zip Code: 72632
Population: 1,982
Charter Date: May 4, 1912
Branches: 1
Bank Holding Company Affiliate: None
PRES. & CEO: JOHN F. CROSS
EX. V.P.: KING GLADDEN
VICE PRESIDENT: RICHARD KELLEY
ASST. V.P.: DAVE BAKER
Total Assets ........................ 36,862
Loans, Net .......................... 22,829
Securities ............................ 8,009
Interest Bearing Balances ............. 1,962
Total Deposits ..•.•..•.•••.•.•...... 32, 197
No. Shares Authorized ................ 4,000
No. Shares Outstanding ................. -0-
Preferred Stock ......................... -0Common Stock ........................ 400
Surplus .............................. 1,600
Undivided Profits ..................... 2,345
Reserve for Loan Losses ................ 230
Total Equity Capital ................. .4,345
Subordinated Debt. ..................... -0-
DIRECTORS: John F. Cross, Eagle Thomas, Dorothy Mathews, Claude Cross, A. J. Clark, Loren
Clark, Ruth Cross, Lewis Epley, Dave Bird, Wayne Johnson, Michael Mathews
BANK OF EVENING SHADE
County: Sharp
Charter Number: 69
Telephone: 266-3215
Hwy 167 South
P.O. Box 130
Evening Shade
Zip Code: 72532
Population: 394
Charter Date: February 6, 1901
Branches: 0
Bank Holding Company Affiliate: Sharp Bancshares, Inc.
CHAIRMAN: JAMES M. STREET
PRES. & CEO: A. H. HOANEY
Total Assets .......................... 7,731
Loans. Net ........................... 3,283
Securities ............................ 2,953
Interest Bearing Balances .............. 587
Total Deposits ....................... 6,881
No. Shares Authorized ................ 6,200
No. Shares Outstanding .............. 6,200
Preferred Stock ......................... -0Common Stock ........................ 155
Surplus ................................ 275
Undivided Profits ...................... 349
Reserve for Loan Losses ................. 55
Tota I Equity Capital .................... 779
Subordinated Debt ...................... -0-
DIRECTORS: Samuel F. Beller, Clifton Crabtree, A. H. Hoaney. Eugene Street, James E. Street,
James M. Street
54
State of Arkansas:
Bank Department
MclLROY BANK & TRUST
County: Washington
Charter Number: 31
Telephone: 575-1000
P.O. Box 1327
Fayetteville
Zip Code: 72701
Population: 39,640
Charter Date: December 24, 1900
Branches: 5
Bank Holdlng Company Afflllate: Northwest Arkansas Bancshares, Inc.
PRES. & CEO: JAMES C. GLENN
SR. V.P. LOAN DIV.: BRUCE LOFTIN
V.P. OPER. DIV.: JIM WILSON
V.P. TRUST DIV.: BOB PLUMMER
V.P. RETAIL BANKING: KIM SIMPSON
Total Assets ....•............ ...... 141,051
Loans, Net ................. ......... 73,418
Securities ................. ..........44,576
Interest Bearing Balances ............. 4,251
Total Deposits ................. .... 124,193
No. Shares Authorized .............. 811, 120
No. Shares Outstanding ............ 350,692
Preferred Stock ................. ........ -0Common Stock ........•........ ..... 8,353
Surplus ................. ............. 1,407
Undivided Profits ................. .... (570)
Reserve for Loan Losses .............. 2,912
Total Equity Capital ................. . 9,190
Subordinated Debt ................. .. 1,500
DIRECTORS: Jim C. Walton, Millard Goff, James H. Stewart, James C. Glenn, Ann Henry, Charles
F. Scharlau, J. Frank Broyles, Jim Bob Wheeler, Carl Collier, James D. Mashburn
FORDYCE BANK & TRUST COMPAN Y
County: Dallas
Charter Number: 631
Telephone: 352-3107
P.O. Box 352
Fordyce
Zip Code: 71742
Population: 5,175
Charter Date: January 5, 1931
Branches: 2
Bank Holding Company Affiliate: FBT Bancshares, Inc.
PRES. & CEO: CURTIS HUTCHINS
V.P. & T.O.: JIM HULSE
V.P. & CASHIER: SUZETTE CRUTCHFIELD
ASST. V.P.: WANDA SMURL
Total Assets ................. ....... 39,966
Loans, Net ................. ......... 17,478
Securities ................. .......... 16,596
Interest Bearing Balances .............. 200
Total Deposits ................. ..... 35,577
No. Shares Authorized ................ 8,000
No. Shares Outstanding .............. 8,000
Preferred Stock .........•....... ........ -0Common Stock .......•......... ....... 200
Surplus ...............•. ............. 1,600
Undivided Profits ................. .... 2,020
Reserve for Loan Losses ................ 242
Total Equity Capital ............•.... . 3,820
Subordinated Debt ................. ..... -0-
DIRECTORS: J. H. Everett, L. Weems Trussell, J. Graydon Parham, J. W. Hearnsberger, E. C.
Benton, Curtis Hutchins, D. J. Barnes, S. K. Benton
Seventy-Fourth Report
55
PLANTERS BANK AND TRUST COMPANY
County: St. Frances
Charter Number: 521
Telephone: 633-2833
Forrest City
P.O. Box 1539
Population: 14,000
Zip Code: 72335
Charter Date: Apri I 15, 1921
Branches: 3
Bank Holding Company Affiliate: None
CHAIR., PRES & CEO: FRANKIE PRATT
SR. V.P.: WADE HAWKINS
VICE PRESIDENT: DAVID HARDKE
VICE PRESIDENT: STEVE HORTON
VICE PRESIDENT: DIANE THOMASON
VICE PRESIDENT: J.C. CAMPBELL
ASST. V.P.: JUDY LOTT
CASHIER: DONNA GARNER
Total Assets ....................... .49,015
Loans, Net .......................... 25,944
Securities ............................ 9,796
Interest Bearing Balances ............ .4,960
Total Deposits ...................... 44,375
No. Shares Authorized ............... 24,000
No. Shares Outstanding ................. -0-
Preferred Stock ......................... -0Common Stock ........................ 600
Surplus .............................. 2,900
Undivided Profits ...................... 787
Reserve for Loan Losses ................ 583
Total Equity Capital .................. 4,287
Subordinated Debt ...................... -0-
DIRECTORS: Frankie Pratt, David M. Hardke, R. B. Twist, J. R. Chappell, Jr., 0. J. Gandy, Jr., J. R.
Grobmyer, Michael E. Cissell, Oral Edwards, John V. Casbeer, C. N. Haven
PLANTERS & MERCHANTS BANK
Gillett
P.O. Box 538
Population: 927
Zip Code: 72055
Charter Date: January 13, 1967
Branches:O
County: Arkansas
Charter Number: 721
Telephone: 548-2211
Bank Holding Company Affiliate: None
PRES. & CEO: LARRY E. BAUER
ASST. V.P.: LLOYD E. WALLACE
CASHIER: ALICE M. PERRITT
ASST. CASHIER: CAROLYN SULLIVAN
Total Assets ........................ 13, 782
Loans, Net ........................... 9,093
Securities ............................ 3,140
Interest Bearing Balances ..•........... 100
Tota/ Dep,;isits ...................... 11,875
No. Shares Authorized ............... 12,000
No. Shares Outstanding ............. 12,000
Preferred Stock ......................... -0Common Stock ...........•..•......... 150
Surplus .•.............................. 700
Undivided Profits ...................... 440
Reserve for Loan Losses ................ 207
Total Equity Capital .................. 1,290
Subordinated Debt ...................... -0-
DIRECTORS: Keneth Smith, Frank C. Wolfe, Darrel Nichols, Bobby Turner, Darrell Richter,
Johnny Holzhauer, Scott Place, Larry E. Bauer
56
State of Arkansas:
Bank Department
THE BANK OF GLENWOOD
County: Pike
Charter Number: 398
Telephone: 356-2121
P.O. Box O
Glenwood
Zip Code: 71943
Population: 1,414
Charter Date: December 27, 1912
Branches: 1
Bank Holding Company Affiliate: None
CHAIRMAN: IRVIN C. BAINUM
VICE CHAIRMAN: VICTOR H. COX
PRES. & CEO: HAROLD SMITH
CASHIER: PATRICIA OWENS
VICE PRESIDENT: LYNDA ROBBINS
ASST. V.P.: KATHRYN BAXTER
Total Assets ................. ....... 28,339
Loans, Net •........•..•.... ••....•.• 17,937
Securities •..•.•...•.••.•.. ••.•....... 4,162
Interest Bearing Balances ....•••...•.• 3,955
Total Deposits ...•.•.....••.... •.... 25.784
No. Shares Authorized ••.•...•.••..... 4,000
No. Shares Outstanding ...........•.. 4,000
Preferred Stock ...........•...•. •...•..• -0Common Stock ••.•.....•.•..... .•.•... 100
Surplus •.•....••....... ....•........... 650
Undivided Profits ........•.•...... •.•• 1,469
Reserve for Loan Losses .......•.•••..•• 295
Total Equity Capital .•......•.•...... . 2,219
Subordinated Debt ................. .•... -0-
DIRECTORS: Irvin Bainum, Harold Smith, Victor H. Cox, Richard L. Cox, Roy A. Wisener, Mark
Bainum
FIRST STATE BANK
County: Lincoln
Charter Number: 719
Telephone: 263-4325
340 South Main Street
P.O. Box A
Gould
Zip Code: 71643
Population: 1,671
Charter Date: January 6, 1964
Branches: 1
Bank Holding Company Affiliate: Gould Bancshares, Inc.
CHAIRMAN: W. J. BOREN
PRES. & CEO: HAROLD H. REID
SR. V.P. & CASHIER: MARYL. NOLAN
EX. V.P.: ERNEST C. BRADSHAW
VICE PRESIDENT: WANDA ROBERTSON
ASST. V.P.: DEBBYE BRADLEY
ASST. CASHIER: PAT ROOK
Total Assets •.•....•......... ...•... 11.954
Loans, Net ...........••.... •......•.. 6,499
Securities ...•..•...•.•...• ..•........ 2,398
Interest Bearing Balances ....•...••..• 1,646
Total Deposits ....••.....•.•..• .••.. 10,006
No. Shares Authorized ••.•....••..... 20,000
No. Shares Outstanding ............. 20,000
Preferred Stock .........••.•.... , .•..... -0Common Stock ••.....••.•....•. .•..... 200
Surplus .....•.......••• •............. 1,000
Undivided Profits ........•.•...... •.••. (55)
Reserve for Loan Losses .......••.•....• 171
Total Equity Capital .........•....... . 1,145
Subordinated Debt.. ............•.... ... -0-
DIRECTORS: W. J. Boren. Harold H. Reid, L. E. Branson, Jr., W. H. Carder, Sr., Donald L. Eifling,
T. M. Fish, Victor Holthoff, Kenneth Johnson, R. C. Johnson, Jr., R. W. Jones, Stanley Norris, John
H. Rogers, Howard Raley
Seventy-Fourth Report
57
BANK OF GRAVETT
County: Benton
Charter Number: 46
Telephone: 787-5251
Gravette
P.O. Box 160
Population: 1,218
Zip Code: 72736
Charter Date: February 28, 1900
Branches: o
Bank Holding Company Affiliate: None
PRES. & CEO: JOHN R. MEADE
EX. V.P.: DAVID N. WILLS
VICE PRESIDENT: JIM ALLEN
EDMONDSON
VICE PRESIDENT: WILLIAM R. MEADE
CASHIER: LARRY WILMOTH
ASST. CASHIER: MARGARET PEARSON
ASST. CASHIER: VIRGINIA GIBSON
ASST. CASHIER: WALT NIELSEN
Total Assets ........••.•....•....•.. 53,788
Loans, Net •..................•.••.•. 26,844
Securities ........•..•......•.••.•... 21,598
Interest Bearing Balances .•.......•.••. 300
Total Deposits •...............•..... 45,977
No. Shares Authorized •.......•.•..... 4,000
No. Shares Outstanding ..•.•.•.....•. 4,000
Preferred Stock .•.•.•...•.••.....•.•..•• -0Common Stock ........................ 100
Surplus •••......•.....••.•.•.........•• 900
Undivided Profits .•.••.•...•..•....... 6,071
Reserve for Loan Losses ...•.....•.••... 417
Total Equity Capital ....•.••.........• 7,071
Subordinated Debt. •..•.....••.•...•..•• -0-
DIRECTORS: Phillip Chastain, George Cowgur, Albert Dunagin, Jim Allen Edmondson, George
Haley, John R. Meade, William R. Meade, David N. Wills
FARMERS BANK
County: Sebastian
Charter Number: 243
Telephone: 996-4171
Greenwood
P.O. Box610
Population: 3,317
Zip Code: 72936
Charter Date: August 7, 1907
Branches: 3
Bank Holding Company Affiliate: None
CHAIRMAN: MEANS WILKINSON
PRES. & CEO: BETTY J. WILKINSON
VICE PRESIDENT: STANHOPE WILKINSON
VICE PRESIDENT: EDWARD WILKINSON
ADMINISTRATIVE ASST.: TRESA GAMBLE
Total Assets ..........••.•......•.•. 52,586
Loans, Net ..•...••..........•....... 20,297
Securities .......•.•.........•....... 24,661
Interest Bearing Balances •......•.••.• 3,365
Total Deposits .............••••.•.. .44,836
No. Shares Authorized ..•............. 7,500
No. Shares Outstanding .......•.••... 7,500
Preferred Stock .......•..•......•....•.• -0Common Stock •...........•••.•...•.•. 300
Surplus .•.....••.•...•...•..........• 2,000
Undivided Profits .••••...•..•...•.•.•• 4,745
Reserve for Loan Losses .•.....•.....••• 257
Total Equity Capital ............•.••.. 7,045
Subordinated Debt. ..................... -0-
DIRECTORS: Means Wilkinson, Betty Wilkinson, Stanhope Wilkinson, Edward Wilkinson,
Bronson Andrews, Tresa Gamble
58
State of Arkansas:
Bank Department
FIRST STATE BANK OF GURDO N
County: Clark
Charter Number: 61
Telephone: 353-2534
P.O. Box 446
Gurdon
Zip Code: 71743
Population: 2,700
Charter Date: August 4, 1900
Branches:0
Bank Holding Company Affiliate: None
PRES. & CEO: FRED REED
V.P.-LENDIN G: CARROLL COSTON
V.P,-CASHIE R: LINDA BITTLE
Total Assets .............. .......... 24,120
Loans, Net .............. ............ 10,513
Securities ............. ............. .. 6,884
Interest Bearing Balances ............. 3,862
Total Deposits .............. ........ 21,199
No. Shares Authorized .............. . 75,000
No. Shares Outstanding ............. 38,325
Preferred Stock ............. ............ -0Common Stock ............. ........... 383
Surplus ............. ............. .... 2,317
Undivided Profits .............. ....... 1,223
Reserve for Loan Losses .............. .. 282
Total Equity Capital .............. .... 1,477
Subordinated Debt .............. ....... 300
DIRECTORS: C. Louis Cabe, Fred E. Reed, Paul Barringer, Carroll Coston, Al Brown, Charles
Cabe, Austin Capps, A. A. Horne, Jimmy Robbs, Maurice Stricklin
FARMERS BANK
County: Ashley
Charter Number: 680
Telephone: 853-5222
P.O. Box 350
Hamburg
Zip Code: 71646
Population: 3,394
Charter Date: March 10, 1941
Branches: 0
Bank Holding Company Afflllate: None
PRES. & CEO: GUY HUMPHRIES
EX. v;P.: GORDON PRICE
VICE PRESIDENT: VELMA FARMER
CASHIER: ALLEN FARMER
ASST. CASHIER: JETTIE MAE ATKINS·
ASST. CASHIER: JOANN ROBERTS
CONTROLLER: LINDA STELL
Total Assets .............. .......... 26,887
Loans, Net ............. ............. 10,826
Securities ............. ............. .. 4,609
Interest Bearing Balances ............. 8,998
Total Deposits ............. .........24,295
No. Shares Authorized .............. . 30,000
No. Shares Outstanding ............. 22,260
Preferred Stock ............. ............ -0Common Stock ............. ........... 557
Surplus ............. ............. ...... 796
Undivided Profits .............. ........ 744
Reserve for Loan Losses .............. .. 106
Total Equity Capital .............. .... 2,097
Subordinated Debt. .............. ....... -0-
DIRECTORS: P. E. Barnes, Joel W. Foote, W. E. Foote, Nancy C. Foote, W. E. Johnson, Earl Scott,
Jack Shell, John W. Spivey, Guy Humphries and Gordon Price
Seventy-Fourth Report
59
CALHOUN COUNTY BANK
Hampton
P.O. Box 8
Population: 1,650
Zip Code: 71744
Charter Date: October 26, 1906
Branches: O
County: Calhoun
Charter Number: 220
Telephone: 798-2207
Bank Holdlng Company Affiliate: None
CHAIRMAN & CEO: SEARCY_W. HARRELL, SR.
V. CHAIR.: SEARCY W. HARRELL, JR.
PRESIDENT: B. DICKSON NEAL
EX. V.P.: BILLY G. WRIGHT
VICE PRESIDENT: LEN HARRELL
Total Assets ........................ 25,233
Loans, Net .......................... 10,059
Securities ........................... 12,928
Interest Bearing Balances .............. 693
Total Deposits ...................... 22,088
No. Shares Authorized ................ 4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ......................... -0Common Stock ........................ 100
Surplus ................................ 900
Undivided Profits .................•... 1,897
Reserve for Loan Losses ................ 241
Total Equity Capital ......•........... 2,897
Subordinated Debt. ..................... -0-
DIRECTORS: HubertJ. Brown, PhillipJ. Foster, SearcyW. Harrell, Sr., SearcyW. Harrell, Jr., Len
Harrell, Fay Harrell, B. Dickson Neal, H. M. Welsh, D. W. Wells, Billy G. Wright
THE BANK OF HARRISBURG
County: Poinsett
Charter Number: 620
Telephone: 578-2472
201 East Jackson
Harrisburg
P.O. Box 17
Population: 1,963
Zip Code: 72432
Charter Date: December 2, 1930
Branches: O
Bank Holding Company Affiliate: Lake HamiHon Enterprises,. Inc.
PRES. & CEO: JERRY M. DYER
EX. V.P.: JAMES M. WILLIAMS
CASHIER: DONALD BRITNELL
ASST. CASHIER: EVELYN WILLIAMS
ASST. CASHIER: BOBBIE DILL
Total Assets ........................ 25,434
Loans, Net .......................... 12,571
Securities ............................ 7,281
Interest Bearing Balances ............ 1, 479
Total Deposits ...................... 23,071
No. Shares Authorized .......•........ 4,000
No. Shares Outstanding .....•........ 4,000
Preferred Stock .....................•... -0Com mo n Stock ........................ 100
Surplus ......•....................... 2,900
Undivided Profits ..................... (790)
Reserve for Loan Losses ..............•. 648
Total Equity Capital ................... 2,210
Subordinated Debt ...................... -0-
DIRECTORS: Jim Tom Butler, Jerry M. Dyer, James M. Williams, Harold Majors, Anna Margaret
Butler, Paul Eaton, Elizabeth Eaton, Patricia Butler, Connie Butler
60
State of Arkansas:
Bank Department
THE SECURITY BANK
County: Boone
Charter Number: 647
Telephone: 741-8200
P.O. Box 1078
Harrison
Zip Code: 72601
Population: 9,567
Charter Date: November 20, 1931
Branches:2
Bank Holding Company Affiliate: First Security Corporation/
First Commercial Corporation
PRES. & CEO: WAYNE CLARK
EX. V.P.: DOUGLAS L. JACKSON
SR. V.P.: DOLORES LAFFERTY
V.P.-MARKETIN G: JERRY McFARLAND
V.P. & CONTROLLER: JOHN EOFF
v.P. & CASHIER: RICHARD McBEE
Total Assets ................. ...... 111,330
Loans, Net ................. ......... 58.193
Securities ................. .......... 37,856
Interest Bearing Balances ............. 2,130
Total Deposits ................. .... 102,797
No. Shares Authorized .............. 180,000
No. Shares Outstanding ............ 180,000
Preferred Stock ................. ........ -0Common Stock ................. ..... 1,800
Surplus ................. ............. 3,200
Undivided Profits ................. .... 2,822
Reserve for Loan Losses .............. 1,364
Total Equity Capital ................. . 7,822
Subordinated Debt. ................. .... -0-
DIRECTORS: Dr. Ralph Bowers, John 0. Campbell, Wayne Clark, L. E. Durand, Edwin P. Henry,
Richard R. Hudson, Douglas L. Jackson, Junior Lee, Jerry P. Maland, H.K. McCaleb, Jr.
HAZEN FIRST STATE BANK
County: Prairie
Charter Number: 744
Telephone: 255-4567
P.O. Box 783
Hazen
Zip Code: 72064
Population: 1,700
Charter Date: May 12, 1983
Branches: 1
Bank Holding Company Affiliate: None
PRES. & CEO: WILLIAM M. SHARP
CASHIER: NANCY KOCOUREK
ASST. V.P.: BILLY BENNETT
ASST. CASHIER: ANN DOOLEY
ASST. CASHIER: SARA PERRY
Total Assets ................. ....... 13,464
Loans, Net ................. .......... 6,780
Securities ................. ........... 3,859
Interest Bearing Balances .............. 190
Total Deposits ................. ..... 12,561
No. Shares Authorized ............... 15,000
No. Shares Outstanding ............. 13,308
Preferred Stock ................. ........ -0Common Stock ................. ....... 665
Surplus ................. ............... 315
Undivided Profits ................. .... (162)
Reserve for Loan Losses ................ 184
Total Equity Capital ................. ... 818
Subordinated Debt. ................. .... -0-
DIRECTORS: Tommy Hillman, Pat Henderson, Neil Maynard, Robert Petter, Vernon Giss, W. M.
Sharp
61
Seventy-Fourth Report
THE CLEBURNE COUNTY BANK
County: Cleburne
Charter Number: 626
Telephone: 362-2456
P.O. Box 1000
Heber Springs
Zip Code: 72543
Population: 5,371
Charter Date: December 16, 1930
Branches: 4
Bank Holding Company Affiliate: Lake Hamllton Enterprises, Inc.
PRES. & CEO: JEROME JOHNSON
EX. V.P.: WA1.TER ALDRIDGE
V.P. & CASHIER: JUANITA TAYLOR
VICE PRESIDENT: PEGGY SMITH
VICE PRESIDENT: MARY HOLLAND
Total Assets •.•••...•.••..•.••.•••.. 97,265
Loans, Net .......................... 40,977
Securities •..•.••....•..•..•.••...•.• 44,429
Interest Bearing Balances ......•...... 1,094
Total Deposits .....................• 89,325
No. Shares Authorized •......•.•.••.•• 1,200
No. Shares Outstanding ... , .......... 1,200
Preferred Stock ••••.••.•.•...........•.. -0Common Stock ••..•.••.•....•...•....• 120
Surplus .•.••••.••.•..•............... 2,500
Undivided Profits .....•..•...•.••..•.. 4,530
Reserve for Loan Losses .............•.. 723
Total Equity Capital .................. 7,150
Subordinated Debt ....•.••.••.••••••••• 250
DIRECTORS: Jerome Johnson, Walter Aldridge, Jim Tom Butler, Dr. Ricky Johnson, Richie Lee,
Wetzel Stark, L. E. Roberts, Jr., Harold Majors, Jr., Anna Margaret Butler, Beth Eaton, Paul Eaton,
Connie Butler, Jerry Dyer, Patricia Butler
HERBER SPRINGS STATE BANK
County: Cleburne
Charter Number: 735
Telephone: 362-5821
P.O. Box 30
Herber Springs
Zip Code: 72543
Population: 5,371
Charter Date: May 7, 1977
Branches: 1
Bank Holding Company Affiliate: State Holding Company
PRES. & CEO: THOMAS E. PROPES, JR.
SR. V.P.: ROBERT CARD
V.P. & CASHIER: JOYCE HARRAL
VICE PRESIDENT: JANICE PARROTT
Total Assets •....................... 36,961
Loans, Net .......••.••••..•.....•.•• 23,449
Securities ............................ 4,893
Interest Bearing Balances ..........•.. 3,292
Total Deposits .•.••.•••••••.•...•..• 34,299
No. Shares Authorized ..••...•....... 21,000
No. Shares Outstanding ............. 18,000
Preferred Stock ••.•.••.................. -0Common Stock .........•...•..•.••.• 1,766
Surplus ....................•....•.....• 650
Undivided Profits ....••.••.••.•.•••.••• 204
Reserve for Loan Losses ..........•.••.• 334
Total Equity Capital ••••....•......... 2,212
Subordinated Debt ..................... 216
DIRECTORS: Harry Hastings, Jr., Cathy Owen, Al Harkins, Thomas E. Propes, Jr.
62
State of Arkansas:
Bank Department
BANK OF HOLLY GROVE
County: Monroe
Charter Number: 118
Telephone: 462-3331
P.O. Box Q
Holly Grove
Zip Code: 72069
Population: 750
Charter Date: May 12, 1903
Branches: O
Bank Holding Company Affiliate: None
PRES. & CEO: THOMAS M. HARGROVE
SR. V.P. & CASHIER: JEAN M. KIRKPATRICK
Total Assets .•...••.••.•...•.......• 20,559
Loans, Net ...•.•.••.•..••....•.••••• 10,134
Securities .•.••.••.................... 8,275
Interest Bearing Balances •.••.•.......• 299
Total Deposits .•..•..•.•....••.•.••. 17 ,570
No. Shares Authorized ..•..•.•........ 2,400
No. Shares Outstanding •.••.•••.•.•.• 2,400
Preferred Stock •••••.••.•............... -0Common Stock ....................•••.. 60
Surplus ••.•..••.•............••.••.••.• 940
Undivided Profits ....•....•.••.••..••• 1,742
Reserve for Loan Losses .••••.•......... 222
Total Equity Capital ••.••••••.••.•••.• 2,742
Subordinated Debt ...................... -0-
DIRECTORS: Wilsie M. Matthews, Ruth T. Dearing, Donald R. Dearing, Thomas M. Hargrove,
Jean M. Kirkpatrick, R. H. Mayo, John B. Moore, Jr., Herd E. Stone, Jr.
HORATIO STATE BANK
County: Sevier
Charter Number: 179
Telephone: 832-3211
Corner of Pride and Main
P.O. Box 347
Horatio
Zip Code: 71842
Population: 989
Charter Date: May 15, 1905
Branches: O
Bank Holding Company Afflllale: Pioneer Bancshares, Inc.
PRES. & CEO: C. E. HENDRIX, JR.
SR. V.P.: EDITH H. SMITH
EX. V.P. & CASHIER: WILBURN SMITH
OPERATIONS OFF.: LOLA LAWRENCE
Total Assets ........................ 23,855
Loans, Net .......................... 10,847
Securities .........••.••.••..•.•.••.•. 4,686
Interest Bearing Balances .•.•.......•. 6,533
Total Deposits ...................... 21,759
No. Shares Authorized ................ 2,000
No. Shares Outstanding .••••••.••.••. 2,000
Preferred Stock ........•................ -0Common Stock ..••...•.....••.••..•.•• 100
Surplus •.•...•....••••.••••.•...•.••. 1,000
Undivided Profits ...................... 849
Reserve for Loan Losses ................ 253
Total Equity Capital .••....•....••.••. 1,949
Subordinated Debt ...................... -0-
DIRECTORS: C. E. Hendrix, Jr., Edith H. Smith, Wilburn Smith, Lilla S. Hendrix, Loy Poag, Fred
Sullivan
Seventy-Fourth Report
63
ARKANSAS BANK AND TRUST COMPANY
County: Garland
Charter Number: 232
Telephone: 624-4611
Hot Springs
P.O. Box 5640
Population: 37,000
Zip Code: 71901
Charter Date: April 18, 1907
Branches:7
Bank Holding Company Affiliate: ABT Bancshares Corporation
CEO: CECIL W. CUPP, JR.
PRESIDENT: RAYL. CASH
EX. V.P.: GARY E. BLENDEN
SR. V.P.-LENDING: RALPH E. WHITE
Total Assets ......•...•.••.•.•.•..• 288,176
Loans, Net ......................... 211,986
Securities .••.••.•••.•............... 38,532
Interest Bearing Balances .•....••.•... 2,000
Total Deposits .............•.•..•.• 263,336
No. Shares Authorized ......•.•.•..• 150,834
No. Shares Outstanding ..•.•...••.• 150,834
Preferred Stock •.•.••••.••....••.••.••.• -0Common Stock .••..•••.•.••.•.•••••• 3,771
Surplus .......................... ,. •• 5,771
Undivided Profits ..................... 9,872
Reserve for Loan Losses •...•.••.••••. 1,640
Total Equity Capital ................. 19,414
Subordinated Debt ................... 2,507
DIRECTORS: Gary E. Blenden, Ray L. Cash, Cecil W. Cupp, Cecil W. Cupp, Jr., Cecil W. Cupp, Ill,
M.D., Gerald H. Fisher, Gaither C. Johnston, Jr., M.D., Roy L. Murphy, Jim Randall, Brooks T.
Rice, John Selig, Ray S. Smith, Jr., Richard S. Smith, Palmer Vanderberg, Hill A. Wheatley,
Herman L. Wilson, Jr.
BANK OF IMBODEN
County: Lawrence
Charter Number: 727
Telephone: 869-2291
Imboden
P.O. Box 320
Population: 661
Zip Code: 72434
Charter Date: October 12, 1972
Branches: 1
Bank Holding Company Affiliate: Spring River Bancshares
CHAIRMAN: CHARLES LUTER
PRES. & CEO: BOB DOWNING
EX. V.P.: PRESTON CLARK
Total Assets ........................ 17,558
Loans, Net ........................... 8,300
Securities ................•.••....... .4,104
Interest Bearing Balances ••.••.••.••.• 1,572
Total Deposits ...................... 16,152
No. Shares Authorized •••.••..•.•.••. 10,000
No. Shares Outstanding .............. 6,600
Preferred Stock ......................... -0Common Stock ........................ 165
Surplus ................................. 85
Undivided Profits ..................... 1,080
Reserve for Loan Losses ..•............. 821
Total Equity Capital .................. 1,330
Subordinated Debt. ..................... -0-
DIRECTORS: Charles Luter, Bob J. Downing, Dan Matthews, Jerry Foley, Preston Clark
64
State of Arkansas:
Bank Department
FIRST JACKSONVILLE BANK AND TRUST
County: Pulaski
Charter Number: 701
Telephone: 982-4511
P.O. Box 827
Jacksonville
Zip Code: 72076
Population: 27,000
Charter Date: August 2, 1949
Branches: 4
Bank Holding Company Affiliate: First Arkansas Bancshares
CEO: KENNETH PAT WILSON
PRESIDENT: LARRY T. WILSON
EX. V.P.: JOHNS. FORTENBURY
VICE PRESIDENT: DWIGHT BENTON
VICE PRESIDENT: SIBYL H. CLAY
VICE PRESIDENT: LYNN D. FAGAN
VICE PRESIDENT: JOHN HARDWICK
VICE PRESIDENT: FRED LOTTER
V.P. & T.O.: JOHN R. McNEE
VICE PRESIDENT: BILL PENDLETON
VICE PRESIDENT: MARY VERSER
Total Assets ...................... .. 81,940
Loans, Net ...................... .... 49,964
Securities ...................... ..... 20,422
Interest Bearing Balances .....•.••.•... 200
Total Deposits ....•..•....•.••.•.... 73,395
No. Shares Authorized ....•..••....• 200,000
No. Shares Outstanding •••..•...... 200,000
Preferred Stock ...................... ... -0Common Stock .........•.••.••••...• 2,000
Surplus ...................... ........ 1,000
Undivided Profits .••.•.•••............ 4,577
Reserve for Loan Losses ................ 752
Total Equity Capital ...••.•..•..•...•. 7,577
Subordinated Debt ...................... -0-
DIRECTORS: Harry K. Dougherty, Bartus M. Gray, Jr., Melda A. Rice, Kenneth Pat Wilson, Larry
T. Wilson, Michael K. Wilson, Thomas H. Wortham, M.D.
NEWTON COUNTY BANK
County: Newton
Charter Number: 121
Telephone: 446-2265
P.O. Box 437
Jasper
Zip Code: 72641
Population: 519
Charter Date: March 24, 1903
Branches: 1
Bank Holding Company Afflllate: Newco Corp./Ozark Bankshares, Inc.
CHAIRMAN: CARL G. HOLT
CEO: GEORGE G. GLEASON, II
DEPUTY CEO: LINDA D. GLEASON
PRES.-BANK SERVICES: MARK D. ROSS
SR. V.P.: LARRY M. DICKS
EX. V.P.: DANNY CRINER
VICE PRESIDENT: GEORGE LANDRUM
ASST. V.P.: INAS WATSON
Total Assets •.•.•.....••.••....•.• •• 33,995
Loans, Net ...................... .... 22,905
Securities ...................... ...... 8,408
Interest Bearing Balances ••.•..•.••••. 1,965
Total Deposits ...................... 30,438
No. Shares Authorized ...........•.••. 2,340
No. Shares Outstanding .••••......•.. 2,340
Preferred Stock ...................... ... -0Common Stock ...................... ... 58
Surplus ...................... ........ 1,842
Undivided Profits ...................... 941
Reserve for Loan Losses ................ 243
Total Equity Capital •.......•.•..•..... 2,841
Subordinated Debt. ..................... -0-
DIRECTORS: Carl G. Holt, Mark D. Ross, Linda D. Gleason, George G. Gleason, II, George
Landrum, Danny Criner
65
Seventy-Fourth Report
BANK OF NORTHEAST ARKANSAS
County: Craighead
Charter Number: 150
Telephone: 932-2131
Jonesboro
P.O. Box 1617
Population: 36,000
Zip Code: 72401
Charter Date: February 14, 1904
Branches:4
Bank Holding Company Afflllale: None
CHAIR., PRES. & CEO: SLOAN RAINWATER
VICE CHAIRMAN: WM. I. RAINWATER
EX. V.P.: AUDREY GLENN
SR. V.P.: MAX COBB
VICE PRESIDENT: LOYCE GIBSON
V.P. & CASHIER: EVA BEELER
ASST. V.P.: GAIL NEBLETT
ASST. V.P.: BRUCE RHIDDLEHOOVER
ASST. CASHIER: BRENDA GRIFFITH
ASST. CASHIER: MERLE FRY
ASST. CASHIER: SHARRON CALDWELL
Total Assets .•..................•. . .43,716
Loans, Net ...................... .... 21,030
Securities .......•.............. ..... 14,332
Interest Bearing Balances ...•......•.. 1,203
Total Deposits ..............•......• 39,366
No. Shares Authorized ............... 75,000
No. Shares Outstanding ............. 75,000
Preferred Stock ...................... ... -0Common Stock ..........•••.......•. •. 750
Surplus ...................... ........ 1,000
Undivided Profits ..................... 1,973
Reserve for Loan Losses ..•.•........... 479
Total Equity Capital .................• 3,723
Subordinated Debt ....•.......••....... 200
DIRECTORS: Sloan Rainwater, Wm. I. Rainwater, Weldon Rainwater, M.D., Wm. I. Rainwater, Jr.,
A. B. Clark, Steve Cox, Virginia Cox, Grover Poole, M.D., J. A. Tomlinson, Gerald G. Watkins
CITIZENS BANK OF JONESBORO
County: Craighead
Charter Number: 488
Telephone: 932-6603
Jonesboro
P.O. Box 1090
Zip Code: 72403
Population: 36,000
Charter Date: July 25, 1919
Branches: 6
Bank Holding Company Affiliate: Citizens Bancshares, Inc.
CHAIR. & CEO: HERBERT H. McADAMS, II
PRESIDENT: WALTER A. DeROECK
V. CH. & ASST. SEC.: H. HALL McADAMS, Ill
VICE PRESIDENT: ROBERT C. CONNOR
SECRETARY: BESSIE HODGES
Total Assets •..•.................. . 196,275
Loans, Net ...................... ... 117,544
Securities ...................... ..... 55,269
Interest Bearing Balances ............... -0Total Deposits ..................... 170,471
No. Shares Authorized .............. 217,000
No. Shares Outstanding ............ 217,000
Preferred Stock ....•..•.............. .•• -0Common Stock ..........•...••...•.. 2,170
Surplus ...................... ........ 2,330
Undivided Profits ..................... 9,1B1
Reserve for Loan Losses •.•.•.....•..• 2,588
Total Equity Capital .......•....•.... 13,681
Subordinated Debt ......•...........• 1,300
DIRECTORS: Herbert H. McAdams, II, Robert C. Connor, John C. Deacon, Walter A. DeRoeck,
Glenn Dickson, W. 0. Doak, Charlotte Eddington, W. M. Freeze, Jr., James Gramling, Ray Hall, Al
M. Heringer, Ill, Bill Hurt, Jr., H. Hall McAdams, Ill, Minor M. Markle, Oscar J. Melton, Oscar J.
Melton, Jr., W. D. Roberts, Jr., W. R. Roberts, Frank E. Walden, G. D. Wisdom
66
State of Arkansas:
Bank Department
MERCANTILE BANK
County: Craighead
Charter Number: 648
Telephone: 935-5521
P.O. Box 6018
Jonesboro
Zip Code: 72403
Population: 36,000
Charter Date: January 7, 1932
Branches: 7
Barik Holding Company Affiliate: Mercantile Bancshares, Inc.
CEO: WALLACE FOWLER
PRESIDENT: GEORGE F. DELANEY, JR.
PRESIDENT-ELECT: HAROLD PERRIN
SR. V.P.-CHIEF. FIN. OFF.: LLOYD
McCRACKEN, JR.
EX. V.P.-LOANS: ED CHERRY
SR. V.P.-TRUST OFF.: DICK GRAY
V.P.-MARKETIN G DIRECTOR: ED WAY
Total Assets .............•... ...... 220,990
Loans, Net •••............•. ....•... 133,739
Securities .......•.....•... .......... 68,433
Interest Bearing Balances .•........... 2,394
Total Deposits ................. .... 196,616
No. Shares Authorized .............. 250,000
No. Shares Outstanding .•.•........ 100,000
Preferred Stock •....•........... ....•... -0Common Stock .....•......•..•. ..... 1,000
Surplus .........•....... .....•..••... 3,000
Undivided Profits •................ ... 10,966
Reserve for Loan Losses .....•.....•.. 2,117
Total Equity Capital ..•.............. 14,966
Subordinated Debt ................. ..... -0-
DIRECTORS: Wallace W. Fowler, Wayne Baker, George F. Delaney, Jr., Lynn Greene, Ben
Lamberth, Tommy Lawrence, Marystel Appleton, Roy Cooper, Jama Fowler, Raymond Heern,
Glenn Lane, H. T. Loberg, J. C. Mahon, B. E. McKee, Ruth Poston, M. G. Spurlock
SIMMONS FIRST BANK
County: Craighead
Charter Number: 734
Telephone: 933-8000
1720 South Caraway Road
P.O. Box 1720
Jonesboro
Zip Code: 72401
Population: 36,000
Charter Date: December 22, 1976
Branches: 2
Bank Holding Company Affiliate: Simmons Flrsl National Corporation
CHAIR. & CEO: DONALD W. STONE
PRESIDENT: J. C. VAUGHN, JR.
EX. V.P.: RONALD B. JACKSON
VICE PRESIDENT: WAYNE BOND
VICE PRESIDENT: JERRY BROADAWAY
LOAN PROD. OFFJCOMP. OFF.: CAROLYN
JONES
LOAN OFFICER: BARRY LEDBETTER
MORTGAGE L.O.: DEANA COOPER
FIN. PLAN. OFF./T.O.: CRAIG BOONE
MARKETING OFF.: BETH SMITH
OPERATIONS OFF.: GLENDA FLETCHER
OPERATIONS OFF.: DANA HOKE
CUSTOMER SER. OFF.: MAXINE STEPHENS
Total Assets ...... , ..........•....•. 51,813
Loans, Net ................. ......... 33,792
Securities ................. .......... 12,095
Interest Bearing Balances .......•...... 100
Total Deposits ................. .... .46,563
No. Shares Authorized ......•....... 500,000
No. Shares Outstanding ............ 175,000
Preferred Stock •................ ........ -oCommon Stock ................. ..•.. 1,750
Surplus ...•............. ............. 1,750
Undivided Profits .. ·.............•... ... 772
Reserve for Loan Losses ................ 355
Total Equity Capital ................. . 4,272
Subordinated Debt ................. ... .400
DIRECTORS: Donald W. Stone, J. C. Vaughn, Jr., Charles B. Smith, Jr., Gene Thomason, Niel
Crowson, Sam Hummelstein
67
Seventy-Fourth Report
FARMERS AND MERCHANTS BANK
County: White
Charter Number: 415
Telephone: 729-3148
Judsonia
P.O. Box 550
Zip Code: 72081
Population: 2,025
Charter Date: May 29, 1913
Branches: 0
Bank Holding Company Aflillale: None
CHAIRMAN: E. 0. YANCEY
PRESIDENT & CEO.: E. D. YANCEY
SEC./TREAS.: REYNIE RUTLEDGE
VICE PRESIDENT: VESTA RANSOM
ASST. V.P.: DELORIS DAVIS
ASST. CASHIER: PAM HENDERSON
Total Assets ...................... .... 9,606
Loans, Net ....................•. .•..• 2,841
Securities ...................... ...... 4, 752
Interest Bearing Balances .•............. -0Total Deposits ...................... . 8,482
No. Shares Authorized .•............•. 2,800
No. Shares Outstanding .............. 2,800
Preferred Stock ...................... ... -0Common Stock ...................... ... 70
Surplus .............••.•...•. .......•.. 280
Undivided Profits ...••.•......•.......• 554
Reserve for Loan Losses .....•..•......•. 55
Total Equity Capital .....•.•..•..•..•..• 904
Subordinated Debt. ••..•..............•• -0-
DIRECTORS: E. 0. Yancey, E. D. Yancey, Reynie Rutledge
UNION STATE BANK
County: Union
Charter Number: 660
Telephone: 924-4552
Junction City
P.O. Box F
Population: 2,245
Zip Code: 71749
Charter Date: August 28, 1933
Branches: 0
Bank Holdlng Company Afllllate: Junction City Holding Company
CEO: JOHN F. MARSH
PRESIDENT: JOHN F. MARSH
VICE PRESIDENT: JEROME VASCOCU
V.P. & CASHIER: BARBARA DANIELS
ASST. CASHIER: SANDY BRANTLEY
ASST. CASHIER: MARY JONES
Total Assets ...................... .. 21,295
Loans, Net ...................... .... 14,814
Securities ...................... ...... 1,972
Interest Bearing Balances ............. 2,082
Total Deposits ...................... 19, 189
No. Shares Authorized .........•..... 30,000
No. Shares Outstanding ...•......... 30,000
Preferred Stock ...................... ... -0Com mon Stock ...................... .. 300
Surplus •..................... ....•..... 400
Undivided Profits ••.................•. 1,285
Reserve for Loan Losses ................ 141
Total Equity Capital .................. 1,985
Subordinated Debt ...................... -0-
DIRECTORS: F. Ben James, Jerome Vascocu, Randy Ewing, Alvin Green, John Shealy, Bobby
Conville, Virgil Orr, John Marsh
68
State of Arkansas:
Bank Department
BANK OF KENSETT
P.O. Box 356
Kensett
Zip Code: 72082
Population: 1,744
Charter Date: February 17, 1922
Branches: 0
County: White
Charter Number: 528
Telephone: 742-3211
Bank Holding Company Affiliate: None
PRES. & CEO: ROGER Q, MILLS
VICE PRESIDENT: JNO. H. JOHNSTON, JR.
Total Assets .•..•........ .........•... 5,611
Loans, Net. ............. ............. .. 231
Securities ............. ............. ..3, 189
Interest Bearing Balances .............. 298
Total Deposits .............. ......... 4,192
No. Shares Authorized .............. ... 500
No. Shares Outstanding .............. .. 500
Preferred Stock ............. ............ -0Common Stock .............. ........... 50
Surplus ............. ............. ....... 50
Undivided Profits .............. ....... 1,280
Reserve for Loan Losses .............. .. -0Total Equity Capital .............. .... 1,380
Subordinated Debt ......•..•... ......... -0-
DIRECTORS: Jno. H. Johnston, Jr., Roger Q. Mills, William P. Mills
PINE STATE BANK
County: Cleveland
Charter Number: 165
Telephone: 348-5657
P.O. Box 85
Kingsland
Zip Code: 71652
Population: 504
Charter Date: August 22, 1904
Branches: 1
Bank Holding Company AHlllale: None
CHAIR. & CEO: BENNIE F. RYBURN, JR,
PRESIDENT: JAMES SEARCY
EX. V.P.: JAMES L WRIGHT
Total Assets ...••......... ........•..• 5,098
Loans, Net .............. ............. 2,260
Securities ..•..•........ .......•.••.. .• 946
Interest Bearing Balances ............. 1,497
Total Deposits .............. ......... 4,726
No. Shares Authorized ....•........• .. 3, 158
No. Shares Outstanding .........•.•.. 3,011
Preferred Stock ............. ............ -0Common Stock ............. ............ 75
Surplus .....•......• .............. •.... 216
Undivided Profits .............. .......... 44
Reserve for Loan Losses .............. ... 78
Total Equity Capital •............ ....... 335
Subordinated Debt .............. ........ -0-
DIRECTORS: Bennie Ryburn, Jr., Hugh Quimby, Freddie Mobley, James Searcy, Don Smith
69
Seventy-Fourth Report
MADISON BANK AND TRUST
County: Madison
Charter Number: 338
Telephone: 665-2825
Kingston
P.O. Box 39
Zip Code: 72742
Population: 300
Charter Date: April 7, 1911
Branches: 0
Bank Holding Company Affiliate: Madison Corporation
PRES. & CEO: GARY W. BUNCH
V.P. & CASHIER: CARLA HATHORN
VICE PRESIDENT: BLENDA HOWARD
Total Assets •.......•............. .... 7,146
Loans, Net ...................... ..... 4,724
Securities ...•.................. ...... 1,038
Interest Bearing Balances ........•..... 885
Total Deposits ...................... . 6,443
No. Shares Authorized ......•....•..... 800
No. Shares Outstanding ..........•...... 39
Preferred Stock .•..............•..... ... -0Common Stock ......•............... ..• 64
Surplus ..•..... ; •..................... . 242
Undivided Profits .......•..•........... 338
Reserve for Loan Losses ..........•....•• 81
Total Equity Capital ..•.........•.•..... 644
Subordinated Debt ...•.........•..•.•..• -0-
DIRECTORS: Roland Willshire, Gary W. Bunch, Dana Samples, Joe Shrum, Howard Cain, Jr.,
Gary Easterling, Sumner Brashears
BANK OF LAKE VILLAGE
County: Chicot
Charter Number: 675
Telephone: 265-2241
Lake Village
P.O. Box 727
Population: 3,300
Zip Code: 71653
Charter Date: October 14, 1937
Branches: 1
Bank Holding Company Afflllate: Southeast Arkansas Bank Corporation
CHAIRMAN: DOUGLAS C. WYNN
PRES. & CEO: HERMON CARLTON
EX. Y.P.: TERENCE J. ALPE
Total Assets .......•.........•.... .• 35,804
Loans, Net .........•....•....... .... 18,017
Securities •.........•........... •.... 11,746
Interest Bearing Balances ...•......... 1,090
Total Deposits ....•...........••••.. 30,780
No. Shares Authorized •.••........•.. 60,000
No. Shares Outstanding ............. 60,000
Preferred Stock .•.•.....•............ •.. -0Common Stock ...••.....••....•.••.. •. 600
Surplus .•............•.•...•• .•....•• 2,500
Undivided Profits .•...•.............•. 1,443
Reserve for Loan Losses •..••........... 163
Total Equity Capital .•...•..•....•...• 4,543
Subordinated Debt ..•..•..••............ -0-
DIRECTORS: Terence J. Alpe, Hermon Carlton, William W. Bunker, Dr. John P. Burge, David F.
Gillison, Sr., David F. Gillison, Jr., Dr. Marvin D. Loyd, Ned Mazzanti, Joe Pieroni, Charles H.
Weissinger, Jr., Douglas C. Wynn, Sam E. Angel
70
State of Arkansas:
Bank Department
SIMMONS FIRST BANK
County: Chicot
Charter Number. 716
Telephone: 265-5366
P.O. Box 271
Lake Village
Zip Code: 71653
Population: 3,300
Charter Date: June 12, 1962
Branches: O
Bank Holding Company Affiliate: Simmons First Natlonal Corporation
PRES. & CEO: BEN F. FLORIAN!
EX. V.P.: FREDDIE BLACK
V.P. & CASHIER: MIKE CASHION
ASST. V.P. & AUDITOR: LINDA S.
MORELAND
ASST. CASHIER: MARY R. BROGDON
Total Assets •..•........••.•...... •. 24, 766
Loans, Net ...................... .... 13,396
Securities ...................... ....•. 8,746
Interest Bearing Balances .....•......•.. -OT otal Deposits ..•.•...•...........•. 21,503
No. Shares Authorized ••.•........... 12,500
No. Shares Outstanding ......••....• 12,500
Preferred Stock ...................... ... -0Com mon Stock ...................... .. 250
Surplus .•..•...........•...... ••.•..•.. 250
Undivided Profits •..........•.......•• 1,551
Reserve for Loan Losses ................ 149
Total Equity Capital ...........•. , ...• 2,051
Subordinated Debt. •.....•.•••....•.••.. -0-
DIRECTORS: W. E. Ayres, James R. Burchfield, Herman Berkemeyer, Sam E. Adkisson, Ohmer C.
Burnside, Carl 0. Powell, Richard L. Pratt, Ted Thornton, Joe Dan Yee, James Haddock, Craig
Hunt, Cullen Livingston, Doyne Loyd, Geno Mazzanti, Jr., Fred Michael, Ben Floriani, Freddie
Black, Mike Cashion
CITIZENS BANK
County: Sebastian
Charter Number: 308
Telephone: 674-5631
P.O. Box 110
Lavaca
Zip Code: 72941
Population: 1,092
Charter Date: May 5, 1910
Branches: 1
Bank Holding Company Affiliate: None
PRES. & CEO: JAMES N. PATTERSON
SR. V.P.: LARRY D. HURST
CASHIER: ALICIA D. DOOLY
VICE PRESIDENT: GARY W. CARMACK
VICE PRESIDENT: PAULETTE
CHRONISTER
VICE PRESIDENT: LARRY DALE OWEN
Total Assets ••....••.....•••...... .. 32,578
Loans, Net ...................... .... 22,967
Securities •..•..•............•.. ....•• 5,915
Interest Bearing Balances •...•....••.... -0Total Deposits .....••..•.••......... 28,666
No. Shares Authorized ........•.... , •22,680
No. Shares Outstanding ......•.....•. 2,849
Preferred Stock ...................... ... -0Common Stock ...................... .. 261
Surplus ............•.......•.• .•....• 2,000
Undivided Profits ..................... 1,394
Reserve for Loan Losses ................ 347
Total Equity Capital ................•. 3,655
Subordinated Debt .••.•..•...••....•.•.• -0-
DIRECTORS: Ronald H. Udouj, James N. Patterson, Gene Bruick, Larry Hurst, Paulette
Chronister, Rayburn Green
Seventy-Fourth Report
71
LEACHVILLE STATE BANK
County: Mississippi
Charter Number: 703
Telephone: 539-6354
Leachville
P.O. Box 140
Population: 1,800
Zip Code: 72438
Charter Date: January 23, 1951
Branches:0
Bank Holding Company Affiliate: Leachvllle State Bancshares, Inc.
CHAIRMAN: LARRY E. GRISHAM
PRES. & CEO: NELSON P. HENRY, JR.
EX. V.P.: EDNA L PEEPLES
CASHIER: ROBERT LYNN BEARDEN
Total Assets ................. ..••.•. 14,341
Loans. Net ................. .......... 5,572
Securities ............•.... ........... 6,619
Interest Bearing Balances .........•.... 400
Total Deposits ................. ..... 12,504
No. Shares Authorized ...•..........• 10,000
No. Shares Outstanding ....•..••.... 10,000
Preferred Stock ....••••..•...•.. •....•.. -0Common Stock ......•..••.....• .•....• 100
Surplus ................. ............. 1,150
Undivided Profits .•..•.•....•..•.. •.•.. 443
Reserve for Loan Losses ................. 68
Total Equity Capital ..........•.....• • 1,693
Subordinated Debt. ..•....•......... .... -0-
DIRECTORS: Larry E. Grisham, Nelson Henry, J. L. Swihart
LITTLE RIVER BANK
County: Poinsett
Charter Number: 498
Telephone: 475-2306
202 Greenwood Ave.
Lepanto
P.O. Box 340
Population: 2,000
Zip Code: 72354
Charter Date: November 21, 1919
Branches: o
Bank Holding Company Afllliate: None
CHAIRMAN: D. F. PORTIS
PRES. & CEO: GRADY WATKINS, JR.
CASHIER: BLANCHE NASH
TRUST OFFICER: H. G. WATKINS, Ill
Total Assets ................. ....... 23,097
Loans, Net ................. .......... 5,258
Securities •................ ...••..... 13,447
Interest Bearing Balances .............• 100
Total Deposits ................. ..... 18,472
No. Shares Authorized .•......•...... 10,000
No. Shares Outstanding .....••.....• 10,000
Preferred Stock •..•.........•••. .••...•. -0Common Stock ..•..•........••• •.... 1,000
Surplus ................. ............. 1,500
Undivided Profits .•...••......•... ..•. 1,971
Reserve for Loan Losses ..•...•.••.•.... 100
Total Equity Capital ................. . 4,471
Subordinated Debt. ...•..•......•... •... -0-
DIRECTORS: D. F. Portis, J.C. Portis, Junaway Payne, W. H. Cross, Julanne P. Ingram, Ernest B.
Portis, Grady Watkins, Jr., Danette P. Watkins, H. G. Watkins, Ill
72
State of Arkansas:
Bank Department
PEOPLES BANK AND LOAN COMP ANY
County: Lafayette
Charter Number: 347
Telephone: 921-4244
P.O. Box 280
Lewisville
Zip Code: 71845
Population: 1,500
Charter Date: August 25, 1911
Branches:0
Bank Holding Company Affiliate: Peoples Bancshares, Inc.
CHAIRMA N: W. H. TRIPLETT , JR.
PRES. & CEO: CHARLES H. MOORE
VICE PRESIDENT: PAUL MAHAR
CASHIER: VENORA HOOPER
ASST. V.P.: DONNA H. ADKISON
Total Assets .......... .......... ...• 24,569
Loans, Net .......... .......... ...... 11,097
Securities .......... .......... ...•... 10,447
Interest Bearing Balances ....•..... ... 1,284
Total Deposits ....•..... .......... .. 22,423
No. Shares Authorize d .......... .....• 4,000
No. Shares Outstandi ng .......... .... 4,000
Preferred Stock .......... .....•.... ..... -()..
Common Stock .......... .......... .... 100
Surplus .......... .......... .•........ .. 750
Undivided Profits .......... .......... . 1,052
Reserve for Loan Losses ........•. ...... 146
Total Equity Capital .......... •....... 1,902
Subordina ted Debt .......... .......... .. -0-
DIRECTORS: Phil Alford, Jr., 0. M. Covington , Paul J. English, Elmer L. Harris,
Paul Mahar,
Charles H. Moore, W. H. Triplett, Jr., Wilma Willbanks
BANK OF LINCO LN
County: Washington
Charter Number: 119
Telephone: 824-3232
P.O. Box 98
Lincoln
Zip Code: 72744
Population: 1,422
Charter Date: March 19, 1903
Branches: 0
Bank Holding Company Affiliate: Lincoln Bankshares, Inc.
PRES. & CEO: LOYD R. SWOPE
EX. V.P.: KENNETH D. (BUD) COX
VICE PRESIDENT: LARRY KARNES
VICE PRESIDENT: PAT DAVENPO RT
ASST. Y.P.: DARLENE CHEATHA M
CASHIER: RONNIE RINEHAR T
COMPLIA NCE OFF.: NELL KIDD
EX. SEC.: PAULA HILL
Total Assets .......... .......... .... 36,185
Loans, Net ........•. ..•....... ...•.. 19,461
Securities ...••.••. ......•... ........ 13,417
Interest Bearing Balances .......... .... 700
Total Deposits .......... .......•.. .. 32,441
No. Shares Authorize d .•..•..... .....• 8,000
No. Shares Outstandi ng .•..•..... ...• 8,000
Preferred Stock .......... .......... .•... -0Common Stock .....•.... ..•....... •... 200
Surplus .......... .......•.. .........• .. 200
Undivided Profits .•........ .•.......• . 2,647
Reserve for Loan Losses .......... ...... 354
Total Equity Capital ....•..... ......•. 3,047
Subordina ted Debt .......... .......... . 300
DIRECTO RS: Loyd A. Swope, Kenneth D. (Bud) Cox, John Everett, Clark McClinton
, Wanda Irwin
73
Seventy-Fourth Report
PULASKI BANK AND TRUST COMPANY
County: Pulaski
Charter Number: 710
Telephone: 661-7700
Little Rock
P.O. Box 7299
Population: 250,000
Zip Code: 72217
Charter Date: August 29, 1955
Branches: 2
Bank Holding Company Affiliate: Pulaski Investment Corporation
CHAIRMAN: JAMES C. EAST
PRES. & CEO: ROBERT C. MAGEE
EX. V.P.-LOAN ADM.: PATRICK W.
EDWARDS
SR. V.P.-CONTROLLER: JANET MOORE
SR. V.P.-RETAIL & MAR.: JUDY
BEAUMONT
V.P.-TRUST: HOLLY MATHISEN
EX. V.P.-AUDIT. & L.R.: STANLEY
A. CLARK, JR.
Total Assets ....................... 127,398
Loans, Net ..........•............... 86,527
Securities .....•..................... 26,397
Interest Bearing Balances .............. 294
Total Deposits ..................... 114,387
No. Shares Authorized .............. 229,000
No. Shares Outstanding ...•......•. 212,200
Preferred Stock .....................•... -0Common Stock •......•.............. 2,122
Surplus ........•........•.........•.. 2,526
Undivided Profits ............•..•...•. 2,112
Reserve for Loan Losses .............. 1,088
Total Equity Capital •..........••..... 6,760
Subordinated Debt ....•.••.•..•...... 1,670
DIRECTORS: James C. East, Robert C. Magee, Mark V. Williamson
BANK OF LOCKESBURG
County: Sevier
Charter Number: 746
Telephone: 289-4071
Lockesburg
P.O. Box 118
Zip Code: 71846
Population: 616
Charter Date: May 31, 1985
Branches: O
Bank Holdlng Company Alflliale: DeWitt First Bankshares, Inc.
PRES. & CEO: JOE C. ROBERTS
EX. V.P.: RAY HAMBRICK
VICE PRESIDENT: BOBBIE J. SIMMONS
VICE PRESIDENT: PHYWS BETTELL
OPERATIONS OFFICER: BETTY
CURRENCE
Total Assets ........................ 18,165
Loans, Net ........................... 6,740
Securities ..........................•. 6,235
Interest Bearing Balances •............ 2,886
Total Deposits ...................... 16,243
No. Shares Authorized ..............•. 2,500
No. Shares Outstanding •....•........ 2,500
Preferred Stock .•.....•...•............. -0Common Stock ...•.....•..•.....•...... 62
Surplus .........•........•.........•... 938
Undivided Profits ...........•.....•..•. 831
Reserve for Loan Losses ..••..•..•.•.... 140
Total Equity Capital ...•.....•...•.•.. 1,831
Subordinated Debt. ............•...•.•.• -0-
DIRECTORS: Ed I. McKinley, Jr., Ray Hambrick, Warren A. Jennings, Lester A. McKinley
74
State of Arkansas:
Bank Department
FIRST STATE BANK
County: Lonoke
Charter Number: 670
Telephone: 676-3106
P.O. Box 320
Lonoke
Zip Code: 72086
Population: 4,128
Charter Date: March 9, 1935
Branches: O
Bank Holding Company Afllllate: None
CHAIR. & PRES.: J. O. BENNETT
EX. V.P. & CEO: CHARLES FORD
VICE PRESIDENT: JOHN OWEN
V.P. & DIRECTOR: NIEL BENNETT, SR.
VICE PRESIDENT: DAVID ESTES
Total Assets •......•........•••.•. .• 53,217
Loans, Net ...........•....••.... ..•• 21, 170
Securities ...................... ..... 20,229
Interest Bearing Balances ..•••.....••• 2,183
Total Deposits .•....•.....•.•..••..• 48,632
No. Shares Authorized ..•.•.........• 16,000
No. Shares Outstanding ......•...... 16,000
Preferred Stock ...................... ... -0Common Stock ...................... .. 400
Surplus ...................... ........ 1,600
Undivided Profits ...............•..... 2,362
Reserve for Loan Losses ..•.•..•.....•.. 931
Total Equity Capital ......•.....•.••.. 4,362
Subordinated Debt ...................... -0-
DIRECTORS: Wayne Bennett, Sr., Wayne Bennett, Jr., Niel Bennett, Sr., Niel Bennett, Jr.,
D. Austin Grimes, J. 0. Bennett
FARMERS BANK & TRUST COMPANY
County: Columbia
Charter Number: 217
Telephone: 234-2211
100 N. Court Square
P.O. Box 250
Magnolia
Zip Code: 71753
Population: 12,000
Charter Date: September 26, 1906
Branches: 3
Bank Holding Company Affiliate: Magnolla Banking Corporation
PRES. & CEO: BOB L. BURNS
EX. V.P.: MACK L. TAYLOR
V.P. OF COMER. LEND.: STEVE KEITH
V.P. & T.O.: BRUCE 0. MALOCH
V.P. & CASHIER: EARL BOOTH
V.P. OF LOAN ADMIN.: PHIL W. STARK
V.P. OF RETAIL LEND.: DANNY
FITZPATRICK
AYP & CONTROLLER: KEVIN W. PLETCHER
Total Assets .•......•........•...• . 115,222
Loans, Net .•.....•.••.•...•..... .... 52,303
Securities ..................•..• ..... 51,295
Interest Bearing Balances ..•.......... 1,788
Total Deposits ..••.......•.•....... 103,869
No. Shares Authorized ............•. 100,000
No. Shares Outstanding ..•..•...... 100,000
Preferred Stock ..•....•.............. .•. -0Common Stock ..••..•...•...•.•.•.•. 2,500
Surplus ..•••....•..•...•..•.• ........ 1,250
Undivided Profits .......•..•.•.....••. 6,284
Reserve for Loan Losses ................ 677
Total Equity Capital .•..•..•...•..... 10,034
Subordinated Debt .................••.•. -0-
DIRECTORS: Bob L. Burns, T. H. Bradley, Jr., Paul Crumpler, W. E. Fullenwider, John W. Harsh,
C. S. Kincaid, Ill, Bob Neill, Dean Reagan, Ronnie Ribble, Mack L. Taylor
75
Seventy-Fourth Report
BANK OF MALVERN
Malvern
P.O. Box 897
Zip Code: 72104
County: Hot Spring
Charter Number: 10
Telephone: 332-6966
Population: 10,000
Charter Date: June 24, 1889
Branches: 1
Bank Holding Company Afflllate: Central Arkansas Bancshares, Inc.
PRES. & CEO: PAUL L. OFFUTT
EX. Y.P.: DONALD J. TACKETT
VICE PRESIDENT: MARSHA TANNER
CASHIER: MARY BETH ROSEBERRY
Total Assets •.......... ...•....... .. 62,752
Loans, Net ........... ........... .... 35,934
Securities ••....•.... •.........• ..... 21,077
Interest Bearing Balances ........•.. ... 100
Total Deposits ........... ........... 54,854
No. Shares Authorized •.•........• ..• 12,000
No. Shares Outstanding .......•..• .. 12,000
Preferred Stock ...........• ...•..•.••. .. -0Common Stock •........... •..•.•...•. . 300
Surplus .......•.... ••.•..•...• ....... 2,200
Undivided Profits ............ ••.•..•.. 4,999
Reserve for Loan Losses ........... ..... 632
Total Equity Capital ........... ....... 7,499
Subordinate d Debt. ....•..•.•. .•...•..•. -0-
C.
DIRECTORS: Paul L. Offutt, Sam R. Clark, Dorsey D. Glover, W. H. Glover, Dale Horn, Joe
Keith, W. R. Ward, Ross M. Whipple, Donald J. Tackett
MERCH ANTS & PLANTERS BANK
County: Mississippi
Charter Number: 698
Telephone: 561-4427
Manila
P.O. Box 440
Zip Code: 72442
Population: 2,552
Charter Date: March 16, 1948
Branches: O
Bank Holding Company Affiliate: None
CHAIRMAN: PEGGY F. CHEADLE
PRESIDENT: BETTY F. SCHRADER
CEO: MAX H. SCHRADER
VICE PRESIDENT: DANNY ROBBINS
CASHIER: NORMA JACKSON
SECRETARY: L. E. TOWNSEN D
Total Assets ..........• ...•.....•. ...• 9,661
Loans, Net .•.•....... ..........• ..•.. 4,548
Securities .•......... ......•.... ...... 2,784
Interest Bearing Balances ....•...... ... 400
Total Deposits ........... ........... . 8,440
No. Shares Authorized •........... •.. 10,000
No. Shares Outstanding .••........ .. 10,000
Preferred Stock ........... ........... ... -0Common Stock ........... ........... .. 100
Surplus ........... ..••....... .......... 400
Undivided Profits .........•.. .••....•.. 635
Reserve for Loan Losses ...•....... ...•. 224
Total Equity Capital ..•........ .....•. 1,135
Subordinate d Debt ........... ........... -0-
DIRECTORS: Peggy F. Cheadle, Betty R. Schrader, James B. Cheadle, L. E. Townsend, Hulen
Faulkner, Paul W. Fleeman, Danny Robbins, Max H. Schrader
76
State of Arkansas:
Bank Department
BANK OF MANSFIELD
County: Sebastian
Charter Number: 678
Telephone: 928-4418
P.O. Box 387
Mansfield
Zip Code: 72944
Population: 1,000
Charter Date: February 16, 1939
Branches: O
Bank Holding Company Affiliate: Mansfield Bankstock, Inc.
PRES. & CEO: JOE TERRY
SR. V.P.: RICHARD B. SHAW
V.PJL.O.: PAULA COWARD
V.PJL.O.: LARY WALKER
ASST. V.P./AUDITOR: ELIZABETH
HOO PEN GARNER
CASHIER: MARGO JONES
Total Assets ...•.........• .......... 19,416
Loans, Net .............. ......•...... 9,720
Securities ............. ............. .. 4,469
Interest Bearing Balances .......•.•... 2,580
Total Deposits .............. ........ 17,985
No. Shares Authorized .............. .. 9,600
No. Shares Outstanding .•........•... 9,600
Preferred Stock .............• ....•..•... -0Com mon Stock ...•..•...... ........... 240
Surplus ..•........... .........•.... ..•. 260
Undivided Profits ..•.......•.. ......•.. 791
Reserve for Loan Losses ..•........•.. .. 207
Total Equity Capital .............. .•.• 1,291
Subordinated Debt .....•........ .....•.. -0-
DIRECTORS: Bruce H. Shaw, Richard B. Shaw, Joe Terry, Joe McCain, S. D. Barnes, S. M. Taylor,
Lary Walker, Melba Conaway
FARMERS AND MERCH ANTS BANK
County: Lee
Charter Number: 682
Telephone: 295-2535
P.O. Box 479
Marianna
Zip Code: 72360
Population: 6,120
Charter Date: January 9, 1942
Branches: O
Bank Holding Company Affiliate: M & M Holding Company, Inc.
CHAIRMAN: JOHN F. MILLER
PRES. & CEO: WILLIAM J. McCLAIN
VICE PRESIDENT: LETHA H. SMITH
V.P. & CASHIER: PEGGY J. FISHER
Total Assets ..•....•..... ....•...... 13,487
Loans, Net .............. ..•.......•.. 1, 155
Securities ..........•.. ..........•.. .. 7,000
Interest Bearing Balances ....•......... . -0Total Deposits .......•.•... ......... 11,217
No. Shares Authorized .............. .. 3,000
No. Shares Outstanding ........•..... 3,000
Preferred Stock .............. ..........• -0Common Stock ............. ............ 75
Surplus ...•......... .............. ..... 925
Undivided Profits ............• ........ 1,139
Reserve for Loan Losses .....•..•..... .•• 69
Total Equity Capital .............. .... 2, 139
Subordinated Debt ...•.....•... ......... -0-
DIRECTORS: Dan H. Felton, 111, Jack R. Gentry, Thomas H. Gist, Jr., John F. Miller, D. E. Webb,
Jr., William J. McClain
77
Seventy-Fourth Report
CITIZENS BANK
County: Crittenden
Charter Number: 677
Telephone: 739-4421
115 Block Street
P.O. Box 300
Marion
Zip Code: 72364
Population: 2,996
Charter Date: March 15, 1938
Branches: 1
Bank Holding Company Afflllate: First Citizens Bancshares
PRES. & CEO: FORREST N. JENKINS
ASST. V.P.: CHARLES HORTON
LOAN OFFICER: L. SCOTT BOND
CASHIER: JOAN BASS
ASST. CASHIER: LUCILLE BRACKIN
ASST. CASHIER: GLORIA SPENCER
Total Assets ........................ 28,891
Loans, Net ..........•............... 16,602
Securities ................•....•...... 9,294
Interest Bearing Balances .............. 100
Total Deposits ...................... 24,751
No. Shares Authorized ....•........... 1,500
No. Shares Outstanding ................. -0-
Preferred Stock ......................... -0Common Stock .........•.•............ 150
Surplus ....•......................... 1,200
Undivided Profits ..............•.....• 1,381
Reserve for Loan Losses ...•..•......... 130
Total Equity Capital ....•......•.•...• 2,731
Subordinated Debt •...........•..•..•... -0-
DIRECTORS: Forrest N. Jenkins, Joe Taylor, Ill, James R. Williford, C. H. Bond, Jr., Sanders
Carter, Franklin G. Fogleman, Julian Hardin, J. F. Rieves, James R. Stockley, Wm. Bart Turner
MARKED TREE BANK
County: Poinsett
Charter Number: 651
Telephone: 358-2600
P.O. Box 160
Marked Tree
Zip Code: 72365
Population: 3,200
Charter Date: March 3, 1932
Branches: O
Bank Holding Company Affiliate: Marked Tree Bancshares, Inc.
CHAIRMAN: GLORIA EDDINGTON
PRES. & CEO: JOHN A. BRUNNER, JR.
CASHIER: J. P. HUTCHINS
Total Assets ..................•..•.. 23,244
Loans, Net ........................... 4,290
Securities ...•....................... 15,768
Interest Bearing Balances ............. 1,277
Total Deposits ...................... 20,310
No. Shares Authorized ................ 2,500
No. Shares Outstanding .............. 2,500
Preferred Stock ......•.••.•.........•... -0Common Stock .....•..•...•.••.••.•..• 250
Surplus ..........................•..... 300
Undivided Profits ...•.........•....... 1,763
Reserve for Loan Losses ................. 62
Total Equity Capital .. , •......•.....•. 2,313
Subordinated Debt ................ , •. , .. -0-
DIRECTORS: John A. Brunner, Jr., Gloria Eddington, Mary Ann Arnold, Ritter Arnold, J. Robert
Brunner, Frank Brunner, Jr., L. H. Goad, Dan Hatzenbuehler
State of Arkansas:
78
Bank Department
SEARCY COUNTY BANK
County: Searcy
Charter Number: 679
Telephone: 448-3341
P.O. Box 250
Marshall
Zip Code: 72650
Population: 1,595
Charter Date: February 26, 1940
Branches: 1
Bank Holding Company Affiliate: North Arkansas Bancshares
CHAIR. & CEO: WALLACE FOWLER
PRESIDENT: NEIL A. WILKINS
EX. V.P.: DANNY HORTON
V.P. & CASHIER: BRENDA HARNESS
V.P. & BR. MGR.: MARY JANE HORTON
Total Assets ......•.....•......•.... 32,089
Loans, Net ..••..•.••.............•.. 16,642
Securities .........•........•...•.... 10,050
Interest Bearing Balances ..•......•... 2,375
Total Deposits ....•..•.............. 29,094
No. Shares Authorized ..•..•...•...... 4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ............•............ -0Common Stock ......................• .400
Surplus ..•..•...............•....•..• 1,355
Undivided Profits .•...............•.... 945
Reserve for Loan Losses ................ 332
Total Equity Capital ............•..... 2,700
Subordinated Debt. ..................•.. -0-
DIRECTORS: Ancil Mays, George Daniel, Neil Wilkins, Virgil Blair, Bob Derickson, Jama Fowler,
Wallace Fowler, Phil Jones, Lloyd McCracken
BANK OF MARVELL
County: Phillips
Charter Number: 109
Telephone: 829-2596
P.O. Box 67
Marvell
Zip Code: 72366
Population: 1,724
Charter Date: January 8, 1903
Branches: 0
Bank Holding Company Affiliate: Marvell Implement Company
CH., PRES. & CEO: GIBSON TURLEY
EX. V.P.: TOMMIE E. SHACKELFORD, JR.
VICE PRESIDENT: BEN B. DAVIDSON
VICE PRESIDENT: GIBSON TURLEY, JR.
CASHIER: PATTY SUE RUSSELL
Total Assets ........•....•.......... 19,064
Loans, Net .........•................. 1,654
Securities ........................... 16,150
Interest Bearing Balances ..........•.... -0Total Deposits ...................... 16,242
No. Shares Authorized ................ 6,000
No. Shares Outstanding ..•........... 6,000
Preferred Stock ......................... -0Common Stock .....•....•.•..........• 150
Surplus ......•........•................ 500
Undivided Profits ..................... 2,063
Reserve for Loan Losses ................. 31
Total Equity Capital .................. 2,713
Subordinated Debt .................•..•. -0-
DIRECTORS: Gibson Turley, J. A. Hill, Gibson Turley, Jr., Virginia Turley, James H. Hill, Tommie
E. Shackelford, Jr.
79
Seventy-Fourth Report
BANK OF McCRORY
County: Woodruff
Charter Number: 128
Telephone: 731-2521
P.O. Box 367
McCrory
Zip Code: 72101
Population: 2,000
Charter Date: June 18, 1903
Branches: O
Bank Holdlng Company Affiliate: Thompson Land Company, Inc.
CHAIRMAN: JOHN G. THOMPSON
PRES. & CEO: HULON CAIN
SR. V.P.: H. RIPLEY THOMPSON
SR. V.P.: JOHN D. ELDRIDGE
VICE PRESIDENT: MARGARET COLLIER
CASHIER: JAMES TAYLOR
ASST. V.P.: BOBBY TROTTER
ASST. CASHIER: JESTENE REYNOLDS
Total Assets ........................ 53,805
Loans, Net .......................... 16,587
Securities ........................... 27,202
Interest Bearing Balances ............... -0Total Deposits ...................... 46,732
No. Shares Authorized •..•........... 20,000
No. Shares Outstanding ............. 20,000
Preferred Stock ......................... -0Common Stock ...................•..•. 500
Surplus .............................. 2,000
Undivided Profits .•..••.•...•..•.•.•.• 3,826
Reserve for Loan Losses ................ 200
Total Equity Capital ..•.•.........•... 6,326
Subordinated Debt. ..................... -0-
DIRECTORS: Ian Arno!, John G. Thompson, H. Ripley Thompson, John D. Eldridge, Hulon Cain,
John D. Eldridge, Ill, Edwin B. Conner, Jr., G. L. Morris, Jr., Donald Cain, Fletcher C. Lewis
McGEHEE BANK
County: Desha
Charter Number: 661
Telephone: 222-3151
P.O. Box 787
McGehee
Zip Code: 71654
Population: 5,600
Charter Date: December 5, 1933
Branches: 4
Bank Holding Company Affiliate: Soulheasl Flnancial Bankslock Corp.
PRES. & CEO: BILL BOWMAN
V. CHAIRMAN: JOHN POTTER
EX. V.P.: RICHARD GILLIAM
V.P. & T.O.: MIKE SMITH
Total Assets ........................ 71,231
Loans, Net .........•...............• 28,743
Securities ........................... 27,300
Interest Bearing Balances ............. 9,977
Total Deposits ...................... 62,963
No. Shares Authorized ..............• 80,000
No. Shares Outstanding ............. 80,000
Preferred Stock ...................•..... -0Common Stock ...................... 1,000
Surplus .............................. 1,700
Undivided Profits •..........•....•..•• 4,888
Reserve for Loan Losses .•.•............ 730
Total Equity Capital .................. 7,588
Subordinated Debt ...•.•...•............ -0-
DIRECTORS: Sam Bowman, John Potter, Bill Bowman, Robert Adcock, John Maier, Jr., David
Leech, Cecil Simpson, James Smith, Bill Elliott, Jimmy Buford, Mark Sherland
80
State of Arkansas:
Bank Department
THE BANK OF NORTH ARKANSAS
County: Izard
Charter Number: 42
Telephone: 368-4205
P.O. Box C
Melbourne
Zip Code: 72556
Population: 1,680
Charter Date: July 29, 1896
Branches: 2
Bank Holding Company Affiliate: lnvestArk Bankshares, Inc.
PRES. & CEO: LLOYD T. JONES
CASHIER: ERNESTINE MARLIN
VICE PRESIDENT: MIKE CONE
VICE PRESIDENT: CANDACE LOGGAINS
ASST. V.P.: JUDY SANDERS
OPER. OFFICER: ETHEL JONES
BRANCH OFF.: MADALYN GOODWIN
Total Assets ....•..•...•............ 34,871
Loans, Net .........••............... 15,480
Securities ....................•...... 14,308
Interest Bearing Balances ............. 1,162
Total Deposits ...................... 31,975
No. Shares Authorized ............... 80,000
No. Shares Outstanding ............. 80,000
Preferred Stock .......•..........•...... -0Common Stock ...................•.• 2,000
Surplus ........................•....... 425
Undivided Profits ....................•. 291
Reserve for Loan Losses ................ 244
Total Equity Capital .................. 2,716
Subordinated Debt. ..................... -0-
DIRECTORS: W. Neil Maynard, Cole Martin, Harry C. Erwin, Lloyd T. Jones, Harlin Hames, James
E. Miller, Tommy Hillman, Vemon Giss
THE UNION BANK OF MENA
County: Polk
Charter Number: 667
Telephone: 394-2211
P.O. Box 898
Mena
Zip Code: 71953
Population: 5,184
Charter Date: July 25, 1934
Branches: 3
Bank Holding Company Afflllale: Union Bankshares, Inc.
CHAIRMAN: C. S. WILLIAMS
PRES. & CEO: BILL L. WOOD
CASHIER: RUBY LUNSFORD
EX. V.P.: GARY NEWCOMB
VICE PRESIDENT: R. A. CARVER
VICE PRESIDENT: EDWARD W.
STEVENSON
VICE PRESIDENT: BUDDY NEWBOLT
VICE PRESIDENT: EVA CAPEHART
VICE PRESIDENT: JESSE SULLIVAN
Total Assets ................•..•.... 63,918
Loans, Net .•........................ 38,334
Securities ............•.....••....... 13,380
Interest Bearing Balances ........••... 3,064
Total Deposits ..............•....... 54,702
No. Shares Authorized ..........•.... 12,000
No. Shares Outstanding ....•........ 12,000
Preferred Stock .......................•. -0Com mon Stock ...................... 1,200
Surplus ...•.......................... 1,800
Undivided Profits ..................... 5,719
Reserve for Loan Losses ................ 587
Total Equity Capital ..............•... 8,719
Subordinated Debt •.•................... -0-
DIRECTORS: R. A. Carver, John A. Crawford, R. L. Hamilton, David Maddox, Gary Newcomb,
Pauline Morrow, Edward W. Stevenson, C. S. Williams, Bill Lauck Wood
Seventy-Fourth Report
81
MONETTE STATE BANK
County: Craighead
Charter Number: 673
Telephone: 486-5493
Monette
P.O. Box P
Population: 1,200
Zip Code: 72447
Charter Date: December 29, 1936
Branches: 1
Bank Holding Company Affiliate: None
PRES. & CEO: REVIS G. STEWART
SR. V.P.: SHIRLEY A. BRONAUGH
V.P.-CASHIER: VERLENE FULLEN
VICE PRESIDENT: BILL CLARK
ASST. V.P.: TERRY FRIERSON
ASST. V.P.: JAMES R. THOMPSON
Total Assets ..........•......•...• .. 29,080
Loans, Net ...................... .... 15,657
Securities ...................... ...•.. 9,906
Interest Bearing Balances •......•..... 1,386
Total Deposits ...................... 25,939
No. Shares Authorized .............•.. 4,800
No. Shares Outstanding .............. 4,000
Preferred Stock ..............•....... ... -0Common Stock ...•..•. , ••...••.....•.. 200
Surplus .....................• ........ 1,150
Undivided Profits .....•..........•..•.. 759
Reserve for Loan Losses ..•.•..•...•••.. 217
Total Equity Capital .................. 2,109
Subordinated Debt ...•..•..•....•....... -0-
DIRECTORS: Carolyn Frierson, Revis G. Stewart, B. R. Harper, J.E. Story, Ruth P. Latta, Shirley
Bronaugh, Verlene Fullen, Terry Frierson
COMMERCIA L BANK & TRUST COMPANY
County: Drew
Charter Number: 391
Telephone: 367-6221
Monticello
P.O. Box 150
Population: 8,998
Zip Code: 71655
Charter Date: November 29, 1912
Branches: 3
Bank Holding Company Affiliate: Drew Bancshares, Inc.
CHAIRMAN: BENNIE RYBURN, SR.
PRES. & CEO: REGINALD GLOVER
EX. V.P. & T.O.: GEORGE HARRIS
SR. V.P.: RUSTY SMITH
Total Assets ...................... .. 53,462
Loans, Net ...................... .... 26,279
Securities ...................... ..... 15,709
Interest Bearing Balances .•........... 7,878
Total Deposits ..................... .47,424
No. Shares Authorized ................ 8,000
No. Shares Outstanding •............. 8,000
Preferred Stock ...................... ... -0Common Stock ....................•• .. 200
Surplus ...................... ........ 2,300
Undivided Profits ..................... 2,221
Reserve for Loan Losses ................ 403
Total Equity Capital ................•. 4,721
Subordinated Debt. ..•...•..•........... -0-
DIRECTORS: Joe Brannen, James Burks, Reginald Glover, R. D. Jones, Jr., L. D. Long, Bennie
Ryburn, Sr., Bennie Ryburn, Jr., Kim Ward, Frank Wolfe
State of Arkansas:
82
Bank Department
UNION BANK & TRUST COMPANY
County: Drew
Charter Number: 448
Telephone: 367-3453
102 West McCloy St.
P.O. Box 270
Monticello
Zip Code: 71655
Population: 10,000
Charter Date: September 15, 1915
Branches:2
Bank Holding Company Afflllale: First Union Financial Corporation
CHAIRMAN: ZACH McCLENDON, JR.
PRES. & CEO: JAMES P. JETT
SR. V.P. & T.O.: BEYERLY HUDSON
VICE PRESIDENT: CLAY MITCHELL
VICE PRESIDENT: JOE FAKOURI
VICE PRESIDENT: KEN WISCAVER
Total Assets .......•.•..•..... '" ..•. 68,787
Loans, Net ..........................33,461
Securities •..•..••.••.••........•.... 24,954
Interest Bearing Balances .........•..•. 597
Total Deposits .......•........•.•..• 63,223
No. Shares Authorized ...•...•....... 80,000
No. Shares Outstanding .....•....... 80,000
Preferred Stock ............•..•.......•. -0Com mon Stock .....................• 1,000
Surplus ....•..•.........•.......•.... 2,000
Undivided Profits ........•..•....••..• 1,984
Reserve for Loan Losses ...........•.••. 536
Total Equity Capital .................. 4,984
Subordinated Debt. ..•..•...•..•........ -0-
DIRECTORS: William K. Ball, Brown Calhoun, Frank carson, Jr., Charles E. Jackson, James P.
Jett, Zach McClendon, Jr., Wells Moffatt, John Porter Price, Richard Reinhart, A. C. Thompson,
Alan G. Williams
PEOPLES BANK AND TRUST COMPANY
County: Baxter
Charter Number: 147
Telephone: 425-2166
P.O. Drawer B
Mountain Home
Zip Code: 72653
Population: 7,000
Charter Date: August 10, 1906
Branches: 1
Bank Holding Company Affiliate: Peoples Bank Corporation
PRES. & CEO: LARRY G. NELSON
SR. V.P.: CHARLES A. MORTON
SR. V.P.: CLYDE THORN, JR.
SR. V.P.: R. E. BAKER
SR. V.P.: RUDELL PANNELL
V.P. & T.O.: RICK COOPER
VICE PRESIDENT: BETTY LONON
VICE PRESIDENT: JAMES E. REVES
Total Assets ....................... 130,440
Loans, Net ....•.•.....•...•...••.•.• 52,856
Securities ..•..•....••.•••........... 65,812
Interest Bearing Balances ....•.••.•..•. 100
Total Deposits ....•..•............. 116,495
No. Shares Authorized ..•..•••.•.... 110,000
No. Shares Outstanding •....•.•..•. 110,000
Preferred Stock ...........•..•.••.••.••• --0-Common Stock ...................... 2,750
Surplus ..•...••.•.•..•....••.•••..... 2,750
Undivided Profits ..................... 7,561
Reserve for Loan Losses ••••••.•••..•.•• 750
Total Equity Capital .......•....... ; .13,061
Subordinated Debt ..•..•.•.............. --0--
DIRECTORS: Neil Nelson, R. E. Baker, Larry G. Nelson, Guy King, W. T. Morgan, B. R. Wiseman,
W. M. Thompson, Lon Jones, Ida Marie Lewis, Jeannine Wolf
83
Seventy-Fourth Report
BANK OF MOUNT AIN VIEW
County: Stone
Charter Number: 446
Telephone: 269-3815
121 East Main Street
Mountain View
P.O. Box C
Zip Code: 72560
Population: 2,147
Charter Date: July 21, 1915
Branches: O
Bank Holding Company AHlllate: None
CHAIRMAN: GLEN HINKLE
PRESIDENT: JAMES G. HINKLE
CEO: CHARLES A. LOWE
SECRETARY: KENNETH SUTTON
CASHIER: WELDON DUNCAN
Total Assets ...........•.. ...•.•.... 45,631
Loans, Net ............. ............. 18,792
Securities ........•.•.. •............. 16,303
Interest Bearing Balances ....••....•.. 1,382
Total Deposits ..•.•........ ........• 37,405
No. Shares Authorized ..•........... .. 4,000
No. Shares Outstanding ....•........• 4,000
Preferred Stock ......••..... ............ -0Common Stock •.•.......•.• •.......... 100
Surplus ............. ............. .... 3,400
Undivided Profits ..•........... ..•.••• 4,304
Reserve for Loan Losses ..........•... .. 231
Total Equity Capital ............. ..... 7,804
Subordinated Debt ..•..•........ .•..••.• -0-
DIRECTORS: Glen Hinkle, James G. Hinkle, Charles A. Lowe, Kenneth Sutton
THE BANK OF MONTG OMERY COUNT Y
County: Montgomery
Charter Number: 617
Telephone: 867-3148
Mount Ida
P.O. Box 435
Population: 1,076
Zip Code: 71957
Charter Date: November 26, 1930
Branches:0
Bank Holding Company Afflllate: Montgomery County Bancshares, Inc
PRES. & CEO: DANIEL C. HORTON
SR. V.P.: ROBERT CAMPBELL
SR. V.P.: MELVIN L. SIMPSON
CASHIER: MARCIA SUMMITT
ASST. CASHIER: HETTIE ABERNATHY
Total Assets ...•..•••.... .........•. 41,885
Loans, Net ............. ............. 21,634
Securities .............. •..•....•.... 15,000
Interest Bearing Balances •......••..•.• 600
Total Deposits ......•......• .•...... 37,110
No. Shares Authorized ..•.....•.••.• .. 4,000
No. Shares Outstanding .•...•...•.••. 4,000
Preferred Stock ............. ............ -0Common Stock ..•.........•. .•.....•.. 100
Surplus •.••......... •.•.........• .... 1,400
Undivided Profits ............. ........ 2,993 ·
Reserve for Loan Losses .............. . .411
Total Equity Capital .......•..•..• .... 4,493
Subordinated Debt ..•.••....... ......... -0-
DIRECTORS: Daniel C. Horton, Denver Jones, G. R. Mosley, Harold Campbell, John Selig, R. L.
Qualls, Robert Campbell, Melvin L. Simpson, Ode Maddox, Doyel O'Neal, Joe Brakefield, Jr., Bill
Lawrence, Bob Lybrand, A. L. Banta, Bob Gore, Bill Barnes
State of Arkansas:
84
Bank Department
BANK OF MULBERRY
311 Main Street
P.O. Drawer "A"
Mulberry
Zip Code: 72947
Population: 1,444
Charter Date: January 15, 1902
Branches: O
County: Crawford
Charter Number: 81
Telephone: 997-1154
Bank Holding Company Afflllale: Acme Holding Co., Inc.
PRES. & CEO: BETTY FELLER
V.P. & CASHIER: DIANNA J. MILLSAP
Total Assets ........... ........... .. 21,235
Loans, Net ........... ........... .... 14,818
Securities ........... •.......... ...... 2,939
Interest Bearing Balances •.......... ... 200
Total Deposits ..•........ ...•....... 18,866
No. Shares Authorized ........... ..... 4,000
No. Shares Outstanding ........... ... 4,000
Preferred Stock ........... ........... ... -0Common Stock ........... ........... .. 100
Surplus .....•..... ........... .......... 900
Undivided Profits ........... ......•... 1,220
Reserve for Loan Losses ..•........ ..... 253
Total Equity Capital ........... ....... 2,220
Subordinate d Debt. ........... .......... -0-
DIRECTORS: Betty Feller, Lex Golden, W. Joe Medlock
PIKE COUN TY BANK
County: Pike
Charter Number: 175
Telephone: 285-2172
P.O. Box 279
Murfreesboro
Zip Code: 71958
Population: 1,300
Charter Date: December 19, 1904
Branches: 1
Bank Holding Company Affillale: None
PRES. & CEO: CHARLES W. SHARP
SR. V.P.: JOHN ROSS
VICE PRESIDENT: BRENDA SMITH
VICE PRESIDENT: BRUCE BEAN
CASHIER: BRENDA ROBERTS
Total Assets .•.......... ..•...•.... • 34,758
Loans, Net ........... ........... .... 21,573
Securities •..•....•.. ...•..•.... ...... 4,625
Interest Bearing Balances ....•......• . 3,865
Total Deposits ......•..•. ....•....•. 30,139
No. Shares Authorized ......••..• .... 16,000
No. Shares Outstanding ..........• .. 16,000
Preferred Stock .•..•.....• ...•..•.... ... -0Common Stock ........... ........... .. 400
Surplus ....••...•. .•......... •......... 500
Undivided Profits .•..•.••... ...••....• 2,232
Reserve for Loan Losses ........... ..... 335
Total Equity Capital ........... ...•... 3, 132
Subordinate d Debt. ....•...... .......... -0-
DIRECTORS: Irvin C. Bainum, Thomas Bridgeman, Vance Evans, Cooper Kizzia, Elbert Ray,
John
Ross, Charles W. Sharp, George E. Steel, Sr., Ray Womack
85
Seventy-Fourth Report
BANK OF NEWARK
County: Independence
Charter Number: 686
Telephone: 799-3205
Newark
P.O. Box 320
Population: 1,109
Zip Code: 72562
Charter Date: October 10, 1944
Branches: 1
Bank Holdlng Company Afflllale: Worthen Banking Corporation
PRES. & CEO: DALE E. COLE
VICE PRESIDENT: JERRY BRIGHTWELL
CASHIER: MARY STEELE
ASST. CASHIER: LINDA HOLCOMBE
Total Assets ........................ 10,389
Loans, Net ........................... 3,032
Securities ............................ 5,155
Interest Bearing Balances .............. 220
Total Deposits ....................... 9,584
No. Shares Authorized ............... 11,665
No. Shares Outstanding ............. 11,665
Preferred Stock ......................... -0Common Stock ........................ 117
Surplus •............•..............•... 191
Undivided Profits ...................... 430
Reserve for Loan Losses ................. 52
Total Equity Capital ................•... 738
Subordinated Debt ...................... -0-
DIRECTORS: Dale E. Cole, Enos Nicholas, R. M. Twyford, James L. Rutherford, Jr.
FIRST STATE BANK OF NEWPORT
County: Jackson
Charter Number: 738
Telephone: 523-2744
Newport
P.O. Box 340
Zip Code: 72112
Population: 8,339
Charter Date: July 6, 1978
Branches: 2
Bank Holding Company Affiliate: North Arkansas Bancshares, Inc.
CHAIR. & CEO: WALLACE FOWLER
PRESIDENT: ROBERT L. SMITH
EX. V.P.: BOB EVINS
V.P. & CASHIER: ALFRED COUCH, JR.
ASST. V.P./ASST. CASH: JOAN ROOKS
ASST. V.P.: MIKE TINSLEY
ASST. V.P.: CAROLYN CLARK
ASST. V.P.: ETTA REID
ASST. V.P./T.O.: LAVERNE CRUM
Total Assets ........................ 42,850
Loans, Net .......................... 20,768
Securities ........................... 15,038
Interest Bearing Balances .........•... 1,193
Total Deposits ...................... 38,839
No. Shares Authorized ............... 50,000
No. Shares Outstanding ............. 29,336
Preferred Stock ......................... -0Common Stock ........................ 733
Surplus .............................. 2,264
Undivided Profits .....................• 707
Reserve for Loan Losses ................ 826
Total Equity Capital .................. 3,704
Subordinated Debt. ..................... -0-
DIRECTORS: Wallace Fowler, Forrest Wise, Morris Crandall, Jama Fowler, Stephen Graham,
Phillip Hout, David Johnston, Phil Jones, George Kell, Lloyd McCracken, Jr., Harold Perrin,
Robert L. Smith, Robert Vanhook
State of Arkansas:
86
Bank Department
MERCHANTS & PLANTERS BANK
County: Jackson
Charter Number: 694
Telephone: 523-3601
P.O. Box 550
Newport
Zip Code: 72112
Population: 8,339
Charter Date: March 30, 1946
Branches: 1
Bank Holdlng Company Afflllate: None
CH., PRES. & CEO: JIM S. GOWEN
EX. V.P.: I. JOE MILES
SR. V.P.: TEARY L. DILLON
VICE PRESIDENT: FRED POWERS
V.P. & CASHIER: PATRICIA H. DAVIS
ADMIN. AST. & V.P.: CARLA P. STIGER
Total Assets .............•...••...•. 49,626
Loans, Net .••........•.............. 22,278
Securities .......••.....•........•..•. 9,574
Interest Bearing Balances .........•.•. 4,896
Total Deposits •.............•....... 45, 170
No. Shares Authorized ............... 12,000
No. Shares Outstanding •........•..•. 9,000
Preferred Stock ..•...................... -aCommon Stock ...•....•..•...•.....•.. 225
Surplus .•........•...........•...•.•• 2,700
Undivided Profits .........•.•..•.....•. 968
Reserve for Loan Losses ...•............ 679
Total Equity Capital .................. 3,893
Subordinated Debt •.•..••.•.•••.••..... 250
DIRECTORS: Morris Bowman, R. Owen Burton, John L. Conner, Sr., T. R. Curtner, Jim S. Gowen,
Sr., Dr. Troy A. Gray, Robert Harvey, Ernest D. McDonald, Fred M. Pickens, Jr., Gerald A. Saracini,
J. E. Scoggins
THE TWIN CITY BANK
County: Pulaski
Charter Number: 671
Telephone: 372-4700
P.O. Box 5581
North Little Rock
Zip Code: 72114
Population: 64,419
Charter Date: March 21, 1935
Branches: 13
Bank Holding Company Afflllate: Frank Lyon Company
CEO: T. E. RENAUD
PRESIDENT: EDWARD M. PENICK, JR.
EX. V.P.: KENNETH J. PENNEBAKER
EX. V.P.: ROBERT F. BIRCH, JR.
SR. V.P. & CASHIER: MARGARET
DAVENPORT
SR. Y.P. & CONT.: RONALD G, GILLERT
SR. V.P.: KENNETH D. HAMMONDS
SR. Y.P.: STEPHEN G. BLAIR
Total Assets , ....•..•.............. 468,852
Loans, Net .......•................. 234,418
Securities .... , .•.....•....... , .• , .. 169,848
Interest Bearing Balances ..•........• 13,861
Total Deposits .•.....•..•......•... 420,715
No. Preferred Shares Authorized ...•.. 9,500
No. Preferred Shares Outstanding •.•• , 9,500
No. Common Shares Authorized ... 1,000,000
No. Common Shares Outstanding ... 270,000
Preferred Stock ...................... 9,500
Common Stock ....•.........•....•.. 2,700
Surplus • , ............................ 4,000
Undivided Profits .....•..•........•.• 14,733
Reserve for Loan Losses .....•..•..... 5,218
Total Equity Capital ..•..•........... 30,933
Subordinated Debt .•.............•..... 245
DIRECTORS: Dr. Joseph H. Bates, Martin Borchert, Ralph Cotham, Jr., Frank Lyon, Jr., Henry J.
Mariani, Mike Mehaffy, Mike Moore, Edward M. Penick, Jr., Kenneth J. Pennebaker, Eugene M.
P1elfer, Ill, George Pitts, Jr., T. E. Renaud, George W. Rozzell, Jr., George Tribou, Larry C.
Wallace, Ray WIison
87
Seventy-Fourth Report
THE PLANTERS BANK
County: Mississippi
Charter Number: 684
Telephone: 563-2666
Osceola
P.O. Box 407
Zip Code: 72370
Population: 9,000
Charter Date: April 13, 1944
Branches:3
Bank Holding Company Affiliate: None
CHAIRMAN: SLOAN RAINWATER, JR.
PRES. & CEO: JIM HINKLE
VICE CHAIRMAN: WILLIAM I. RAINWATER
VICE PRESIDENT: JUNE WELBORN
VICE PRESIDENT: GARY LITTLE
V.P. & CASHIER: BETTY H. RUE
Total Assets •.......•.... ........... 36,904
Loans, Net .............. ............ 15,207
Securities ••....•....... ...•.....•.•. 13,900
Interest Bearing Balances •............ 1,234
Total Deposits .............• .•.....• 33,370
No. Shares Authorized .......•.•.•.. • 20,000
No. Shares Outstanding .............. •. , -0-
Preferred Stock .............. •... , , , •..• -0Common Stock ............. ........... 500
Surplus ............. ............. .... 1,000
Undivided Profits •....•.....••. .•...•• 1,770
Reserve for Loan Losses ............•. .• 165
Total Equity Capital ...•.••.••.•. ....• 3,270
Subordinated Debt. ....• , .........•. , •.. -0-
DIRECTORS: Sloan Rainwater, Jr., William I. Rainwater, Jim Hinkle, Steve Cox, Virginia Cox,
William I. Rainwater, Jr., Paul Billings, J. A. Crosthwait, E. H. Riley, Henry Swift, Dewey Neely,
Lowell Winston, Jr.
BANK OF OZARK
County: Franklin
Charter Number: 674
Telephone: 667-2181
Ozark
P.O. Box 196
Zip Code: 72949
Population: 3,798
Charter Date: June 9, 1937
Branches:: 1
Bank Holding Company Affiliate: Bankstock One, Inc./
Ozark Bankshares, Inc.
CHAIRMAN: CARL G. HOLT
CEO: GEORGE G. GLEASON, II
PRES.-BANK SERV.: MARK D. ROSS
DEPUTY CEO: LINDA D. GLEASON
SR. V.P.: HAROLD D. BECK
SR. V.P.: LARRY M. DICKS
Total Assets ......•....... .........• 82,219
Loans, Net .............. ............ 56,556
Securities .....•...•.•.. .•....•...•.. 14,377
Interest Bearing Balances .•. , •...... , .2,560
Total Deposits .............. ........ 71;643
No. Shares Authorized .•............ . 27,399
No. Shares Outstanding •....•......• 27,399
Preferred Stock ............. ............ -0Common Stock ............ , .... , ...... 685
Surplus •...•..•....• .............. .•• 5,565
Undivided Profits .•. , , , •.. , ...•....... 1,838
Reserve for Loan Losses .............. .. 571
Total Equity Capital .........••.•. •••• 8,088
Subordinated Debt .•..•......... ......•• -0-
DIRECTORS: earl G. Holt, George G. Gleason, 11, Linda 0. Gleason, Coy Kirkpatrick, W. D.
Gober, Mark D. Ross, Kennith Smith, Robert J. Evans, 0. Porter Hillard, Rebecca P. Johnson,
Larry M. Dicks, Lucy Sowell, Marcia Lawrence, Gus Shaffer, Frances Caleb
88
State of Arkansas:
Bank Department
SECURIT Y BANK
County: Greene
Charter Number: 640
Telephone: 239-9571
P.O. Box 670
Paragould
Zip Code: 72450
Population: 17,000
Charter Date: February 5, 1931
Branches: 3
Bank Holding Company Afflllale: Mid South Bancshares, Inc.
CHAIRMAN: FRANK OLDHAM, JR.
PRES. & CEO: WILLIAM B. FISHER
V.P. & SEC. TO BD.: SANDRA KASSERMAN
V.P./LEND., & CASH.: STEVE GRAMLING
Total Assets .....•....•...... ....... 90,049
Loans, Net .•.............•. ........ .49,988
Securities .............•... .......... 24,138
Interest Bearing Balances ............. 3, 132
Total Deposits ......•.......... ..... 80,333
No. Shares Authorized .............. 132,000
No. Shares Outstanding ............ 120,000
Preferred Stock ......•......•... .......• -0Common Stock ................. ..... 1,200
Surplus ..............•.. •............ 1, 700
Undivided Profits ....•..........•. .... 2,983
Reserve for Loan Losses ................ 522
Total Equity Capital •................ . 5,883
Subordinated Debt ...........•..... .. 1,050
DIRECTORS: Frank Oldham, Jr., Steve Gramling, William B. Fisher, Ray Distretti, Frank Guinn,
G. I. Higgins, R. D. Jackson, D. I. Purcell, Richard Nutt, Everett Rogers, V. A. Shotts, Terry Wilkins,
Francis Bland
BANK OF PARKDALE
P.O. Box 37
Parkdale
Zip Code: 71661
Population: 471
Charter Date: February 1, 1910
Branches: 0
County: Ashley
Charter Number: 141
Telephone: 473-2217
Bank Holding Company Affiliale: None
CHAIRMAN: THOMAS R. PUGH
PRESIDENT: GEORGE L. PUGH
CEO: BRUCE TIMMONS
VICE PRESIDENT: GERALDINE G.
ZATWARSKY
CASHIER: NITA D. WILLIAMSON
LOAN OFFICER: MARGIE REGINELLI
Total Assets .•............... ...•... 19, 160
Loans, Net ...........•..... ......... 10,607
Securities ......•.......... ........... 4,284
Interest Bearing Balances ............. 2,077
Total Deposits ................. .•... 16,794
No. Shares Authorized ...........•..•. 1,600
No. Shares Outstanding .............. 1,600
Preferred Stock .....•........... ........ -0Common Stock ................. ..•..... 40
Surplus ................. .•............. 860
Undivided Profits ...•............. ..... 598
Reserve for Loan Losses ..............•. 197
Total Equity Capital ................• . 1,498
Subordinated Debt ................. ....• -0-
DIRECTORS: Thomas R. Pugh, Harrison Ralph, Carl Wells, J. A. Gibson, George L. Pugh,
Augustus H. Pugh, Frank A. Pugh, J. C. Larrison, Dewayne Haynes, Neill M. Sloan, Garrard
Mountjoy
Seventy-Fourth Report
89
FIRST STATE BANK
P.O. Box 526
Parkin
Zip Code: 72373
County: Cross
Charter Number: 568
Telephone: 755-5401
Population: 2,055
Charter Date: June 5, 1925
Branches: O
Bank Holdlng Company Affiliate: Parkin Bancorp, Inc.
PRESIDENT: FRANK WALLACE
CEO: WILLIAM N. GRIFFIN
EX. V.P.: MITCHELL R. HIGDON
Total Assets ....•.......•........... 10,585
Loans, Net ........................... 6,299
Securities •..•........................ 2,587
Interest Bearing Balances .............. 399
Total Deposits ....................... 9,347
No. Shares Authorized .......•........ 4,000
No. Shares Outstanding .....•........ 4,000
Preferred Stock ..............•.......... -0Common Stock .................•...•.. 100
Surplus ...............•.........•..•... 400
Undivided Profits .........•..•..•..•... 620
Reserve for Loan Losses .•.........•..... 57
Total Equity Capital •..•...•..• , •..... 1,120
Subordinated Debt ..............•...•... -0-
DIRECTORS: William N. Griffin, Fred E. Brenner, Jr., John A. Brenner, Raymond S. Clift, C. R.
(Neil) Griffin, Mitchell R. Higdon, Pamela M. McFarland, J. E. McNeil, Jr., William B. Mcswain,
Charles Ruston, Jr., Charles D. Thomas, Frank G. Wallace
BANK OF PEA RIDGE
County: Benton
Charter Number: 339
Telephone: 451-8155
P.O. Box 5
Pea Ridge
Zip Code: 72751
Population: 1,488
Charter Date: May 6, 1911
Branches: O
Bank Holding Company Affiliate: Northwest Arkansas Bancshares, Inc.
PRES. & CEO: GREG REED
VICE PRESIDENT: BARBARA OWEN
VICE PRESIDENT: LARRY CLARK
CASHIER/OPER. OFF.: VALERIE ASH
ASST. CASHIER: BRENDA HENSON
Total Assets ........................ 24,346
Loans, Net .......................... 13,933
Secu rltles ............................ 7, 142
Interest Bearing Balances ............. 1,770
Total Deposits ...................... 22,027
No. Shares Authorized ................ 7,500
No. Shares Outstanding .............. 5,500
Preferred Stock ....................•.... -0Common Stock ..........•.•..•.....••.. 83
Surplus .............................. 1,043
Undivided Profits .............•....... 1,022
Reserve for Loan Losses ............•.•• 420
Total Equity Capital ................•. 2,148
Subordinated Debt ...................... -0-
DIRECTORS: Gregory D. Reed, Jim C. Walton, Richard D. Chapman, J. Robert Kelly, Kent C.
Crouch, Richard P. Calhoun, Carl E. Baggett
State of Arkansas: Bank Department
90
THE PERRY COUNTY BANK
County: Perry
Charter Number: 690
Telephone: 889-2318
P.O. Box 189
Perryville
Zip Code: 72126
Population: 1,200
Charter Date: December 8, 1945
Branches: 1
Bank Holdlng Company Affiliate: Perry County Bancshares
PRES. & CEO: TOM MATHIAS
SR. V.P.: JOE CARTER
VICE PRESIDENT: NAOMI CHAMBLISS
V.PJCASHIER: MARTY SATTERFIELD
ASST. V.P.: HELEN BRANDON
Total Assets ...•..•••.•.•..........• 39,650
Loans, Net •....•..•••••.•.•.....•..• 20,062
Securities .......................•..• 14,398
Interest Bearing Balances ......•...•.• 3,300
Total Deposits ...................... 35,802
No. Shares Authorized •...•......•.•. 16,000
No. Shares Outstanding ......••••... 16,000
Preferred Stock ......................... -0Common Stock ........................ 400
Surplus ..•..•........•.....•........•.. 800
Undivided Profits ....•.•••.•.••••.••.. 1,786
Reserve for Loan Losses ................ 412
Total Equity Capital .................. 2,986
Subordinated Debt ............•..••..•.• -0-
DIRECTORS: Herby Branscum, Jr., Robert M. Hill, Tom Mathias
PIGGOTT STATE BANK
County: Clay
Charter Number: 613
Telephone: 598-3802
P.O. Box 307
Piggott
Zip Code: 72454
Population: 3,783
Charter Date: March 10, 1930
Branches: 1
Bank Holding Company Alflllale: Piggott Bankslock, Inc.
PRES. & CEO: JAMES L. MAGEE
EX. V.P.: PAULA 0. BLACKWELL
Total Assets .........•.............. 27,946
Loans, Net .......................... 10,912
Securities ........................... 12,246
Interest Bearing Balances ..•..•....... 2, 192
Total Deposits •....•................ 25,689
No. Shares Authorized ...•.•..•..••••. 4,000
No. Shares Outstanding .•.•..•••...•. 4,000
Preferred Stock ......................... -0Com mon Stock ......................•. 100
Surplus .....•..................•.....•. 975
Undivided Profits ..••...•......•.....•. 859
Reserve for Loan Losses ................ 127
Total Equity Capital ..•.••...•..••.•.. 1,934
Subordinated Debt. ..................... -0-
DIRECTORS: Paula 0. Blackwell, Gaylon M. Lawrence, James L. Magee
Seventy-Fourth Report
91
FIRST STATE BANK
County: Yell
Charter Number: 663
Telephone: 272-4221
Plainview
P.O. Box 277
Population: 800
Zip Code: 72857
Charter Date: January 12, 1934
Branches: 1
Bank Holding Company Afflllate: Clement Bancshares, Inc.
PRES. & CEO: JOHN CLEMENT
EX. V.P.: RALPH WILSON
VICE PRESIDENT: JAMES BATA
Total Assets ................. ..•.... 20,933
Loans, Net ....•.....•...... ......... 14,774
Securities •..•.......•..... ......•.... 3,130
Interest Bearing Balances ............. 1,458
Total Deposits •................ ..... 18,873
No. Shares Authorized .........•..... 20,000
No. Shares Outstanding .......•....• 20,000
Preferred Stock ...........••..•. ...•..• 200
Common Stock ..•..•........... .....•• 200
Surplus ......•.......•.. ..••.•.....•... BOO
Undivided Profits .....•....••...•. •.•.• 749
Reserve for Loan Losses ................ 224
Total Equity Capital ..•.•....•••.•..• . 1,949
Subordinated Debt. ...•....•.....•.. ..•. -0-
DIRECTORS:The lma W. Clement, John Clement, Helen C. Harris, Edw. H. Smoot, George Tippin,
Ralph Wilson
BANK OF POCAHON TAS
County: Randolph
Charter Number: 145
Telephone: 892-5286
Pocahontas
P.O. Box 467
Population: 5,995
Zip Code: 72455
Charter Date: October 31, 1903
Branches: 1
Bank Holding Company Afflllate: None
CHAIR. & CEO: HARRY A. BELFORD
PRESIDENT: JOHN A. JACKSON, JR.
VICE PRESIDENT: J. R. JACKSON
VICE PRESIDENT: W. H. HOLOBAUGH
VICE PRESIDENT: MAX LONG
Total Assets ................. ....... 47,766
Loans, Net ................. .......... 8,391
Securities ...••.•..•....... ..•......• 25,360
Interest Bearing Balances ....•..•...... 975
Total Deposits ................. ..... 42,453
No. Shares Authorized .......•...••... 5,000
No. Shares Outstanding ...•.......... 5,000
Preferred Stock .....•..•..••.... .••....• -0Common Stock .....•........... ..•..•. 125
Surplus ................. ............. 2,000
Undivided Profits •••....•......•.. .... 2,767
Reserve for Loan Losses ...........••.•• 164
Total Equity Capital •.•..•........... • 4,892
Subordinated Debt. •....•....•.••... ..•. -0-
DIRECTORS: Harry A. Belford, Don R. Cox, J. M. Futrell, J. Philip Futrell, J. R. Jackson, John R.
Jackson, Jr., carol Belford-Lewallen, Michael L. McNabb
92
State of Arkansas:
Bank Department
PLANTERSANDSTOCKMENBANK
County: Randolph
Charter Number: 715
Telephone: 892-5252
P.O. Box 587
Pocahontas
Zip Code: 72455
Population: 5,995
Charter Date: August 10, 1962
Branches: 0
Bank Holding Company Affiliate: Baker Financial Corporation
PRES. & CEO: JERIEL A. SUMMITT
EX. V.P.: ROBERT E. SORG
SR. V.P.: ROBERT T. GRIFFITH
ASST. V.P.: BERNADINE GUNTHARP
CASHIER: BEA MATHEWS
ASST. CASHIER: KATHY DAL TON
ASST. CASHIER: ONETA THOMPSON
V.P. OF THE BD.: JERRELL BROADWAY
Total Assets ................. ....... 23,905
Loans, Net ................. ......... 11,383
Securities ................. ........... 8,876
Interest Bearing Balances .............. 794
Total Deposits ................. ..... 21,863
No. Shares Authorized ............... 10,000
No. Shares Outstanding .........•... 10,000
Preferred Stock ................. ........ -0·
Common Stock ................. ....... 200
Surplus ................. ............. 1,300
Undivided Profits ............... ., ..... 399
Reserve for Loan Losses ....... ., ....... 338
Total Equity Capital ................. . 1,899
Subordinated Debt ................. ..... -0-
DIRECTORS: A. J. Baltz, Sr., A. J. Baltz, Jr., Tom Baker, W. J. Barthel, Frank Bigger, Jerrell
Broadway, Dr. Thomas B. DeClerk, Frances Jones, Jim King, Jerry Sallee, Jeriel A. Summitt, Dick
Trammel
THE LAWRENCE COUNTY BANK
County: Lawrence
Charter Number.: 71
Telephone: 886-2461
P.O. Box 160
Portia
Zip Code: 72457
Population: 480
Charter Date: March 23, 1901
Branches: 2
Bank Holdlng Company Affiliate: None
PRESIDENT: WILLIAM I. RAINWATER
CEO: SLOAN RAINWATER, JR.
EX. V.P.: JIM HINKLE
VICE PRESIDENT: BOYCE DURHAM
V.PJCASHIER: MARILYN K. DAVIS
Total Assets ................. ....... 14,010
Loans, Net ...•.•........... ....••....5, 190
Securities ................. ........... 6,584
Interest Bearing Balances .............. 800
Total Deposits ......•.......... ..... 12,837
No. Shares Authorized ......•......... 5,000
No. Shares Outstanding ...•.......... 5,000
Preferred Stock ................. ........ ·0Common Stock ................. ....... 125
Surplus ................• ............... 375
Undivided Profits ................. ..... 588
Reserve for Loan Losses ................ 111
Total Equity Capital ................. . 1,088
Subordinated Debt ................. ..•.. -0·
DIRECTORS: Sloan Rainwater, Jr., William I. Rainwater, William I. Rainwater, Jr., Maurice Starr,
Earl D. Perkins, Virginia R. Cox, Stephen Cox, Boyce Durham
93
Seventy-Fourth Report
PORTLAND BANK
P.O. Box 68
Portland
Zip Code: 71663
County: Ashley
Charter Number: 57
Telephone: 737-2226
Population: 721
Charter Date: April 23, 1900
Branches: 1
Bank Holding Company Affiliate: Portland Bankshares, Inc.
CHAIRMAN: ROBERT D. PUGH
PRES. & CEO: MACK BORGOGNONI
CASHIER & V.P.: VANITA GRANTHAM
VICE PRESIDENT: BILL JONES
Total Assets .................... : ... 15,279
Loans, Net ........................... 8,944
Securities ............................ 3,306
Interest Bearing Balances ............•. 988
Total Deposits ...................... 13,698
No. Shares Authorized ..............• 20,000
No. Shares Outstanding ............. 20,000
Preferred Stock ......................... -0Common Stock ........................ 200
Surplus .........................•..•.•• 900
Undivided Profits .........•........•..• 395
Reserve for Loan Losses ...........•..... 73
Total Equity Capital ......•.....•....• 1,495
Subordinated Debt. ..................... -0-
DIRECTORS: Robert D. Pugh, Benton Newcome, Joel Newcome, Kenneth Reed, Don Pylate,
R. H. Tuggle, C. E. Bridewell, Fred Lagrone, Mack Borgognoni, Bill Jones, Bill Oldham
THE PEOPLES BANK
County: Ashley
Charter Number: 251
Telephone: 737-2236
P.O. Box 178
Portland
Zip Code: 71663
Population: 721
Charter Date: January 22, 1908
Branches: 1
Bank Holding Company Affiliate: Mainline Bankshares of Portland, Inc.
CHAIRMAN: HAMPTON PUGH
PRES. & CEO: TIPTON PUGH
VICE PRESIDENT: MARY DEAN PUGH
SEC. & ASST. CASHIER: JACK EDWARDS
Total Assets ........•................. 8,084
Loans, Net ........................... 1,344
Securities ............................ 5,064
Interest Bearing Balances ............. 1,398
Total Deposits ....................... 6,743
No. Shares Authorized ................ 4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ......................... -0Common Stock .......•............•... 100
Surplus ................................ 525
Undivided Profits ..................•.. .424
Reserve for Loan Losses ...........•....• 18
Total Equity Capital .........•........ 1,049
Subordinated Debt ...................... -0-
DIRECTORS: Mary Dean Pugh, Hampton Pugh, Tipton Pugh, Jack Edwards
State of Arkansas:
94
Bank Department
THE FARMERS & MERCHANTS BANK
County: Washington
Charter Number: 166
Telephone: 846-2115
P.O. Box 207
Prairie Grove
Zip Code: 72753
Population: 1,700
Charter Date: August 29, 1904
Branches: 1
Bank Holding Company Affiliate: None
PRES. & CEO: JAMES C. RIEFF
EX. V.P.: WILFORD H. THOMPSON
V.P. & CASHIER: TED DOKE
Total Assets .......•.....•......•... 49,659
Loans, Net •..•...................... 16,384
Securities .•..•.....••.•..•..•. , •..•• 27,918
Interest Bearing Balances .........•..... -0Total Deposits ...........•.........• 43,915
No. Shares Authorized ....•.......... 12,000
No. Shares Outstanding ..•......•... 12,000
Preferred Stock ....•.................•.. -aCommon Stock .............•........•. 300
Surplus ..•...•....................•..•. 300
Undivided Profits .....•...........•.. .4,851
Reserve for Loan Losses .....•.•..•...•• 646
Total Equity Capital .................. 5,451
Subordinated Debt ....•.•.•.••.....•.•.. -0-
DIRECTORS: D. E. Rieff, James C. Rieff, Argil Bartholomew, Billy Joe Bartholomew, BarrY H.
Parks, Wilford H. Thompson, J. L. Herrin
BANK OF PRESCOTT
County: Nevada
Charter Number: 162
Telephone: 887-2688
Drawer 492
Prescott
Zip Code: 71857
Population: 5,000
Charter Date: August 10, 1904
Branches: 1
Bank Holding Company Affiliate: First State Holding Company of Prescott
PRESIDENT: JOHN WARREN BRANNAN, JR.
CEO: JOHN WARREN BRANNAN, SR.
SR. V.P. & CASH.: JAMES A. PULLEN
VICE PRESIDENT: JEAN K. BOLTON
VICE PRESIDENT: B. A. DeLAMAR
VICE PRESIDENT: JAMES E. FRANKS
ASST. V.P.: GAY CLARK
ASST. V.P.: PEARL TAYLOR
Total Assets .•.•.•••...•.•.........• 42,500
Loans, Net ......•...•..•..•.•......• 13,854
Securities •......••.....•..•.•.•••••• 25,412
Interest Bearing Balances •..•...•..•.... -0Total Deposits ..••..•.....•.•......• 38,941
No. Shares Authorized ............... 24,000
No. Shares Outstanding •..•.•...•..• 24,000
Preferred Stock .............•...•.••.•.• -0Common Stock .............•..••.••••• 600
Surplus ..............•..•...•........ 1,400
Undivided Profits ...............•..... 1,286
Reserve for Loan Losses ••..•....•..•... 296
Total Equity Capital .....•...•........ 3,286
Subordinated Debt. .......•.•.....•..•.. -0-
DIRECTORS: Jean K. Bolton, John Warren Brannan, Sr., John Warren Brannan, Jr., Duncan
Culpepper, Carl DalrYmple, Jr., B. A. Delamar, James E. Franks, Robert L. Godwin, Gerald
Hendrix, R. K. McCasland, Abb Morman, R. W. MurrY, James A. Pullen, Milburn Tippitt, John
Vansickle
Seventy-Fourth Report
95
THE BANK OF RECTOR
County: Clay
Charter Number: 616
Telephone: 595-3591
Rector
P.O. Box 7
Population: 2,395
Zip Code: 72461
Charter Date: November 15, 1930
Branches: O
Bank Holding Company Afflllate: North Arkansas Bancshares, Inc.
CHAIR. & CEO: WALLACE FOWLER
PRESIDENT: MARY H. SIGSBY
Total Assets ........................ 26,041
Loans, Net .•.........•..•............ 8,036
Securities •.•........................ 14,384
Interest Bearing Balances .•.....•...... 693
Total Deposits ...................... 22,946
No. Shares Authorized ................ 4,000
No. Shares Outstanding ............• .4,000
Preferred Stock .......•......•.••....•.. -aCommon Stock .............•.....•..•. 100
Surplus .............................. 1,400
Undivided Profits ..•......•........•.• 1,151
Reserve for Loan Losses ...........•.... 220
Total Equity Capital ..••.....•.•...... 2,651
Subordinated Debt. , .•..•...•..•..•.•••. -0-
DIRECTORS: Wallace W. Fowler, Jama Fowler, Lloyd McCracken, Jr., Phil Jones, Mary H. Sigsby,
R. D. Cranford, Bert E. Sigsby, C. Joseph Calvin
FARMERS AND MERCHANTS BANK
County: Randolph
Charter Number: 360
Telephone: 769-2240
Reyno
P.O. Box 108
Population: 521
Zip Code: 72462
Charter Date: December 8, 1911
Branches: 1
Bank Holding Company Afflliale: Far-Mer Bankshares, Inc.
PRES. & CEO: STEVE HARDIN
VICE PRESIDENT: WILLIAM A. SANDLIN, II
CASHIER: PHYLLIS BURROW
ASST. V.P.: DORA GRAHAM
Total Assets .........•.••.••..•..•.. 11,072
Loans, Net ........................... 2,561
Securities ......•...•................. 4,624
Interest Bearing Balances ...•..•••..... 298
Total Deposits ......•..•.•.......... 10,397
No. Shares Authorized ............•. 100,000
No. Shares Outstanding ...•...•..... 29,534
Preferred Stock ........................ 500
Common Stock •..•.•............•...•. 295
Surplus ......•......••.•...•........... 675
Undivided Profits ...•..••.......•..••. (872)
Reserve for Loan Losses ...••.......•••. 231
Total Equity Capital .............•..•... 598
Subordinated Debt ...•.•......•......... -0-
DIRECTORS: Frank Oldham, Jr., Steve Hardin, J. A. Raper!, Conrad Luter
96
State of Arkansas:
Bank Department
THE BANK OF RISON
P.O. Box 345
Rison
Zip Code: 71665
County: Cleveland
Charter Number: 650
Telephone: 325-6251
Population: 1,300
Charter Date: March 7, 1932
Branches:O
Bank Holding Company Affiliate: None
CHAIRMAN: JAMES L. MOORE
PRES. & CEO: JAMES R. HOPSON
VICE PRESIDENT: JOHN W. ELROD
VICE PRESIDENT: RAY B. MARTIN
ASST. CASHIER: SHIRLEY STEWART
ASST. CASHIER: MAYDEL MORRISON
ASST. CASHIER: JUDY THOMPSON
Total Assets .........•..•...•••... .. 13,505
Loans, Net ...................... ..... 2,233
Securities •..•.................. ..•..• 7,540
Interest Bearing Balances ............. 2,232
Total Deposits ...................... 11,268
No. Shares Authorized .............•.. 4,000
No. Shares Outstanding .............. 4,000
Preferred Stock ...................... ... -oCom mon Stock •.•................... .. 100
Surplus .....•................ .•.......• 300
Undivided Profits ....•................ 1,780
Reserve for Loan Losses .....•........... 18
Total Equity Capital .................. 2,180
Subordinated Debt. .....•...••.......... -0-
DIRECTORS: James L. Moore, James R. Hopson, John W. Elrod, Ray B. Martin, Lee Moore
FARMERS AND MERCHANTS BANK
County: Benton
Charter Number: 712
Telephone: 636-4233
P.O. Box 250
Rogers
Zip Code: 72757
Population: 22,933
Charter Date: March 13, 1956
Branches: 2
Bank Holding Company Aflillate: Lynxx Banking Corporation
PRES. & CEO: DICK McLELLAND
EX. V.P.: DAN DYKEMA
SR. V.P. & ASST. SEC.: CHARLES H.
BRANNAN
Total Assets •..................... .. 75,613
Loans, Net .............•.......• ... .47,747
Securities ...... : .................... 14,933
Interest Bearing Balances ....•........ 2,438
Total Deposits ......••.............. 69,139
No. Shares Authorized .............. 292, 150
No. Shares Outstanding ............ 135,623
Preferred Stock ...................... ... -0Common Stock .................•.... 1,356
Surplus ...................... ........ 4,148
Undivided Profits ...•................•. 439
Reserve for Loan Losses ..•.........•. 1,006
Total Equity Capital •........•........ 5,943
Subordinated Debt. ..................... -0-
DIRECTORS: John R. Bland, D.D.S., Lemuel H. Tull, Evelyn S. Rile, Dick Mclelland, James L.
Pickens, M.D., Robert S. Maloney, Ill, Don Shores, Lewis B. Norman, John D. Clower, M.D.
Clayton J. Eversole
Seventy-Fourth Report
97
BANK OF DOVER
County: Pope
Charter Number: 192
Telephone: 967-8000
2000 East Main
Russellville
P.O. Box 3010
Population: 18,000
Zip Code: 72801
Charter Date: September 29, 1905
Branches: 3
Bank Holding Company Alflllate: Dover Bancshares, Inc.
CHAIRMAN & CEO: WARD J. RAMSAY
PRESIDENT: ROY REAVES
VICE PRESIDENT: HAROLD HAYES
VICE PRESIDENT: PHILIP WORTHEN
VICE PRESIDENT: JOYCE CHURCHILL
Total Assets .•.•••.••.•..•..••.•.... 38,066
Loens. Net •..•.••............•.••.•• 24,505
Securities ..•...•.•••.••.••.•..••..... 5,878
Interest Bearing Balances .•.....•.••.• 3,666
Total Deposits .••..•...........•..•• 34,522
No. Shares Authorized .•..••..•.•.... 16,000
No. Shares Outstanding ........•.••. 10,000
Preferred Stock ...................•.••.• -0Common Stock .•.•..•••.•..••..•....•• 250
Surplus .............................. 1,505
Undivided Profits ..•..••••.•.••.••.... 1,352
Reserve for Loan Losses •.••.••.••.••.•• 443
Total Equity Capital .............•.... 3,107
Subordinated Debt. .•..•..••••••••..••.• -0-
DIRECTORS: Ward J. Ramsay, Roy Reaves, James K. Young, Delmer Boley, Truett Leavell, Verlin
Taylor
PEOPLES BANK & TRUST COMPANY
County: Pope
Charter Number: 18
Telephone: 968-2112
Russellville
P.O. Box 220
Population: 18,000
Zip Code: 72801
Charter Date: March 24, 1890
Branches: 5
Bank Holding Company Affiliate: Worthen Banking Corporation
PRES. & CEO: ROBERT Y. TAYLOR
SR. V.P.: JAMES C. BIGGERS
SR. V.P.: JUDY R. LAWTON
VICE PRESIDENT: JAMES W. LANIER
Total Assets ••.•..........•.•••.... 101.177
Loans, Net .•....•.••..•..•.......... 73,696
Securities ..................•.••••... 14,197
Interest Bearing Balances •.••.••....••. 900
Total Deposits •.•..•.•.•.....•.••.•• 94,246
No. Shares Authorized ..............• 28,000
No. Shares Outstanding ••••.•......• 24,000
Preferred Stock ...........•.•..••..•.••. -0Common Stock ...••.•..•.•.•..••.••.•. 600
Surplus ......••...•...•..•••.•••••••• 4,892
Undivided Profits .••••.••••.••.••...... 625
Reserve for Loan Losses .•.•••••••.••. 1,560
Total Equity Capital •.•.••.•.•..•..•.. 6,117
Subordinated Debt. ••..•.•.......••••.•. -0-
DIRECTORS: James Bibler, M. L. Dickerson, Luther Hardin, Royce Jones, Charles Boyce, Van
A. A. Moores, David B. Oates, Flave W. Peters, David Purtle, Robert Y. Taylor, W. Robert Thurlby,
Jack D. Price, Sr., Cleo Cheek
State of Arkansas:
98
Bank Department
BANK OF SALEM
Salem
P.O. Box 338
Population: 1,500
Zip Code: 72576
Charter Date: December 9, 1908
Branches: 1
County: Fulton
Charter Number: 266
Telephone: 895-2591
Bank Holding Company Affiliate: Smith Associated Banking Corporation
CHAIRMAN: RICHARDT. SMITH
PRES. & CEO: FRANK B. BURGE
V.P.& COO: BRENDA BARNES
VICE PRESIDENT: MARK MONTGOMERY
VICE PRESIDENT: FRANCES ATKINS
VICE PRESIDENT: JANIECE BUTLER
SR. V.P.: GEORGE HUMPHRIES
Total Assets ........................ 47,664
Loans, Net .......................... 30,264
Securities ........................... 11,427
Interest Bearing Balances ............. 1,991
Total Deposits ...................... 43,915
No. Shares Authorized ............... 20,000
No. Shares Outstanding ............. 20,000
Preferred Stock ......................... -0Common Stock ........................ 200
Surplus .............................. 1,300
Undivided Profits ..................... 1,716
Reserve for Loan Losses ................ 427
Total Equity Capital .................. 3,216
Subordinated Debt. ..•.................. -0-
DIRECTORS: Richard T. Smith, Frank B. Burge, George Humphries, Dwayne Plumlee, L. R.
"Jack" Cochran
LOGAN COUNTY BANK
County: Logan
Charter Number: 578
Telephone: 938-7300
Scranton
P.O. Box 85
Zip Code: 72863
Population: 244
Charter Date: April 7, 1926
Branches: 0
Bank Holding Company Affiliate: None
PRES. & CEO: JOE FRITSCHE
SR. V.P.: J. 8. LAYES
VICE PRESIDENT: JERRY DAVIS
V.P. & L.O.: GARY FRITSCHE
CASHIER: DON FRITSCHE
Total Assets ........................ 22,329
Loans, Net .................•......... 8,532
Securities ........................... 11,249
Interest Bearing Balances ............. 1,180
Total Deposits ...................... 19,521
No. Shares Authorized ............... .4,000
No. Shares Outstanding ............. .4,000
Preferred Stock ......................... -0Common Stock ........................ 100
Surplus ................................ 500
Undivided Profits ..................... 2,030
Reserve for Loan Losses ................. 92
Total Equity Capital .................. 2,630
Subordinated Debt. .. , .................. -0-
DIRECTORS: Margaret Ahne, Joe Fritsche, Mildred Fritsche, J. B. Layes
99
Seventy-Fourth Report
FIRST SECURITY BANK
314 North Spring
Searcy
P.O. Box 1009
Population: 14,081
Zip Code: 72143
Charter Date: February 6, 1932
Branches:6
County: White
Charter Number: 649
Telephone: 268-9871
Bank Holding Company Affiliate: First of Searcy, Inc.
PRES. & CEO: REYNIE RUnEDGE
EX. V.P.: JAMES G. WILSON
SR. V.P.: B. ART RAND
Total Assets ....•...•..... .•.•••... 121,909
Loans, Net ..••..••.••.. •.•...•....•. 64,886
Securities ••.•.......... ...•.•..••.• .42, 170
Interest Bearing Balances •.••.•.•...... . -0Total Deposits •.••......••. ......•. 105,944
No. Shares Authorized .....•.••.••.• . 24,000
No. Shares Outstanding .••••••••.... 24,000
Preferred Stock .............. ........... -0Common Stock ............. ........... 600
Surplus ............. ............. .... 4,400
Undivided Profits .............. ....... 8,195
Reserve for Loan Losses .............. 1,120
Total Equity Capital .............. ... 13,195
Subordinated Debt. •••••........• .••.••. -0-
DIRECTORS: Larry Crain, Dr. Clifton L. Ganus, Jr., John McKnight, Wayne Ridout, Dr. Porter R.
Rodgers, Jr., Bill Roussel, Reynie Rutledge, N. T. Rutledge, Jim Tarkington, Alvin Vanhook, E. D.
Yancey, Albert Yarnell, E. 0. Yancey
GRANT COUNT Y BANK
County: Grant
Charter Number: 136
Telephone: 942-3145
101 North Oak Street
Sheridan
P.O. Box 67
Zip Code: 72150
Population: 3,042
Charter Date: July 29, 1903
Branches: 2
Bank Holding Company Affiliate: GCB Bancshares, Inc.
PRES. & CEO: D. E. McCOY, JR.
EX. V.P. & CASHIER: JOHN D. MANATT
Total Assets .............. .......... 36,809
Loans, Net .•..•.•....... ••.•........ 17,607
Securities ............. ............. . 14,501
Interest Bearing Balances ••......•..... 512
Total Deposits .•..•......... .......• 32,865
No. Shares Authorized ••..•.••..••• .. 45,000
No. Shares Outstanding •.••....•..•. 45,000
Preferred Stock .............. ........... -0Common Stock •..•••........ ...•..•.• .450
Surplus ............. ............. ...... 550
Undivided Profits .............. ....... 2,724
Reserve for Loan Losses .............. .. 163
Total Equity Capital .•••.......... ••.• 3,724
Subordinated Debt. •...••.•..•.• ..•..... -0-
DIRECTORS: W. Walter Allen, Byron D. Brown, Jr., James W. Lancaster, John D. Manatt, D. E.
McCoy, Jr., D. E. McCoy, Sr., Robert L. Reeves, W. Lee Tucker
State of Arkansas:
100
Bank Department
EAGLE BANK & TRUST COMPANY
P.O. Box 6009
Sherwood
Zip Code: 72116
County: Pulaski
Charter Number: 720
Telephone: 835-4122
Population: 10,586
Charter Date: July 28, 1966
Branches: 4
Bank Holding Company Affiliate: Stale Holdlng Company
PRES. & CEO: AL HARKINS
SEC.-TREAS.: CATHY OWEN
SR. V.P.: ANNETTE VANPELT
VICE PRESIDENT: BRYAN SCOGGINS
VICE PRESIDENT: STEVE PARK
INTERNAL AUDITOR: PAUL CASTLEBERRY
Total Assets ........................ 43,816
Loans, Net .......................... 24,751
Securities ........................... 10,942
Interest Bearing Balances .............. 800
Total Deposits ...................... 38,539
No. Shares Authorized ................ 8,000
No. Shares Outstanding .............. 8,000
Preferred Stock ......................... -0Common Stock ........................ 100
Surplus .............................. 1,000
Undivided Profits ..................... 1,894
Reserve for Loan Losses ................ 268
Total Equity Capital .................. 2,994
Subordinated Debt. ..................... -0-
DIRECTORS: Harry L. Hastings, Jr., Albert R. Harkins, Horace Jewell, P.A., J. C. Nichols,
Catherine H. Owen
ARKANSAS STATE BANK
County: Benton
Charter Number: 713
Telephone: 524-8101
P.O. Box 400
Siloam Springs
Zip Code: 72761
Population: 8,500
Charter Date: January 12, 1960
Branches: 1
Bank Holdlng Company Affiliate: None
PRES. & CEO: ROSS STOUT
V.P. & CASHIER: HENRY BROSELL, JR.
VICE PRESIDENT: ARTHUR MORRIS
VICE PRESIDENT: THOMAS H. FREE, Ill
ASST. V.P.: TIM McCORD
Total Assets ........................ 77,044
Loans, Net .......................... 24,297
Securities ........................... 38,209
Interest Bearing Balances ............... -0Total Deposits ...................... 70,174
No. Shares Authorized ............... 48,000
No. Shares Outstanding ............. 48,000
Preferred Stock ......................... -0Common Stock ...................... 2,400
Surplus ................................ 500
Undivided Profits ..................... 3,021
Reserve for Loan Losses ................ 287
Total Equity Capital .................. 5,921
Subordinated Debt. ..................... -0-
DIRECTORS: Delbert E. Allen, Sr., D. E. Allen, Jr., Roderick Allen, H. E. Harrison, Jr., Charles C.
Jones, Mark Simmons, Ross Stout
Seventy-Fourth Report
101
SMACKOVER STATE BANK
County: Union
Charter Number: 600
Telephone: 725-3051
708 N. Broadway
Smackover
P.O. Drawer 107
Population: 2,453
Zip Code: 71762
Charter Date: April 18, 1928
Branches: 1
Bank Holding Company Affiliate: Smackover Bancshares, Inc.
CHAIR. & CEO: MAX O. TAYLOR
PRESIDENT: BOB WILLETT
SR. V.P.: PAULETTE BUSSELL
VICE PRESIDENT: CATHRYN WEAVER
Total Assets .........••.••..•.•.•••• 53,702
Loans, Net .......................... 28,439
Securities ...•..•..••.•..•...•.••••.• 20,854
Interest Bearing Balances ....•.•.....•.• -0Total Deposits ...................... 47,106
No. Shares Authorized .••.•...•.••.• 100,000
No. Shares Outstanding ...•.....••.•...• -0-
Preferred Stock ......................... -0Common Stock ...................... 1,000
Surplus .............................. 2,500
Undivided Profits .••.••...•••••••.•••• 2,248
Reserve for Loan Losses ................ 680
Total Equity Capital ...........•....•. 5,748
Subordinated Debt ...................... -0-
DIRECTORS: Max 0. Taylor, James M. Tennyson, John D. Trimble, V, Richard H. Vickers, Bob
Willett
MERCHANTS&PLANTERSBANK
County: Dallas
Charter Number: 457
Telephone: 678-2251
Sparkman
P.O. Box 127
Population: 622
Zip Code: 71763
Charter Date: September 19, 1916
Branches: O
Bank Holding Company Affiliate: None
PRES. & CEO: TYROL Q. CARSON
CASHIER: DORIS D. MANN
ASST. CASHIER: PATRICIAN. SHADDOCK
ASST. CASHIER: KATHRYN G. DANIELL
Total Assets ..........••.••••.•.•..••. 6,551
Loans, Net ........................... 3,244
Securities •.••.•.•.••.••.•..........•. 2,269
Interest Bearing Balances .•..•.••...... 100
Total Deposits ....................... 5,906
No. Shares Authorized ••.••.••.•••.••. 3,000
No. Shares Outstanding .............. 3,000
Preferred Stock ......................... -0Common Stock ......................... 75
Surplus .......•.•..••.••••.••.•.•••••.• 125
Undivided Profits ...................... 396
Reserve for Loan Losses ................. 29
Total Equity Capital ••..•.••••.••••••••• 596
Subordinated Debt ...................... -0-
DIRECTORS: Joseph B. Ford, G. W. Delaughter, Ray D. White, Tyrol Q. Carson, Tommy Gaston,
Louis M. Jacks
102
State of Arkansas:
Bank Department
FIRST STATE BANK
County: Washington
Charter Number: 535
Telephone: 751-1500
P.O. Box 189
Springdale
Zip Code: 72765
Population: 25,000
Charter Date: February 12, 1923
Branches: 4
Bank Holding Company Affiliate: Worthen Banking Corporation
CHAIRMAN: WALTER TURNBOW
PRES. & CEO: RICK PARSONS
EX. V.P.: DON L. GIBSON
SR. V.P. TRUST: ROBERT A. "RIP" PHILLIPS
V.PJCASHIER: TOMMYE. NEIL
V.P.-CONSUMER LOANS: RANDY BOYER
V.P.-COMMERCIAL LOANS: WAYNE BELL
V.P.-COMMERCIAL LOANS: H. DENNIS
SMILEY
SR. LENDING OFF.: DOUGLAS KITTRELL
Total Assets •..••••.......•.••.••.. 143,248
Loans, Net .••.••.................•.. 96,507
Securities ........•••••••••....••..•. 25,024
Interest Bearing Balances ...•.•...•... 2,100
Total Deposits .•••.••.•..••........ 125,043
No. Shares Authorized .....••..•.•.... 9,664
No. Shares Outstanding ...•...•.•..•. 9,664
Preferred Stock •.••.••••..•.••.......... -0Common Stock ...•..•.••.•.••••..•.... 966
Surplus .•.•.••.•.•..•..•..••.•.••.... 5,938
Undivided Profits ..................... 4,116
Reserve for Loan Losses .•.••.••••.••. 1,919
Total Equity Capital ................• 11.020
Subordinated Debt .•.................•. 700
DIRECTORS: Walter Turnbow, Joe S. Boone, Charles C. Farmer, Don L. Gibson, Gerald L. Harp,
Harold D. Hewitt, Gerald M. Johnston, Rick L. Parsons, Phil Phillips, Jr., Phillip Steele, Thomas H.
Stephens, Charles P. Sisco
BODCAW BANK
County: Lafayette
Charter Number: 106
Telephone: 533-4486
P.O. Box 8
Stamps
Zip Code: 71860
Population: 2,859
Charter Date: December 8, 1902
Branches: O
Bank Holding Company Affiliate: None
CHAIRMAN: B. STAN COOK
PRES. & CEO: JAMES R. NIPPER
VICE PRESIDENT: J. PAUL NIPPER
VICE PRESIDENT C. C. RUSSELL
VICE PRESIDENT: A. O. SMITH
VICE PRESIDENT: H. L. WILKINSON
CASHIER: BONNIE MORELAND
ASST. CASHIER: LENORA DOWNS
Total Assets ..••.••.••.••••......•.. 36,928
Loans, Net .......••••.•.••......•..•• 7,634
Securities •.••.••.•.•................ 26,556
Interest Bearing Balances .••..••..•..•. 794
Total Deposits ....•••••.••.....•..•. 32,734
No. Shares Authorized .•.••..•....•.• 10.000
No. Shares Outstanding .••.......... 10,000
Preferred Stock ••••••••.••.••..•.•..•.•• -0Common Stock ........................ 250
Surplus •.••.•.•..••..•.•••.••.••..••• 2,000
Undivided Profits .••..•.••...•.•...... 1,482
Reserve for Loan Losses •.......•..•.•.• 128
Total Equity Capital .•..••...•.•..•... 3,732
Subordinated Debt. ................••.•• -0-
DIRECTORS: B. Stan Cook, Roy Z. Kimbell, Sr., James Nipper, C. C. Russell, Sr., A. 0. Smith,
John Woodrow Smith, H. L. Wilkinson, Sr.
103
Seventy-Fourth Report
BANK OF STAR CITY
County: Lincoln
Charter Number: 567
Telephone: 628-4286
Star City
Drawer 69
Zip Code: 71667
Population: 2,100
Charter Date: April 27, 1925
Branches: O
Bank Holding Company Affiliate: Star City Bancshares
PRESIDENT: M. DON SMITH
CEO: BENNIE F. RYBURN, JR.
EX. V.P.: ANNETTA MOORE
ASST. V.P.: FRANK COLLINS
ASST. V.P.: MARY WOMACK
ASST. V.P.: SHEILA FRIZZELL
Total Assets .•...•.•.•..•.•...•.••.• 31,129
Loans, Net .......................... 10,252
Securities ..•...•.......••.•.•...•..•. 4,900
Interest Bearing Balances ..•.....••.. 12,943
Total Deposits •...••.•.••.•...•.••.• 27,862
No. Shares Authorized ............... 15,000
No. Shares Outstanding ..........•.. 15,000
Preferred Stock .•......•..••..•.••.••.•. -0Common Stock .••••••..•.•..••....••.. 150
Surplus ................................ 600
Undivided Profits ••..•.•..•......•.•.• 1,836
Reserve for Loan Losses ••.••.•..••.••.. 236
Total Equity capital .•..•.•.••••.•••.• 2,586
Subordinated Debt •.••.••............... -0-
DIRECTORS: Bennie Ryburn, Jr., Fred Thorton, W. H. Frizzell, M. Don Smith, Keith Griffin, Pat
Riley, Jr.
STEPHENS SECURITY BANK
County: Ouachita
Charter Number: 692
Telephone: 786-5416
Stephens
P.O. Box 7
Population: 1,266
Zip Code: 71764
Charter Date: February 8, 1946
Branches: o
Bank Holding Company Affiliate: Smith Associated Banking Corporation
CHAIRMAN: RICHARD SMITH
PRES. & CEO: JAMES M. MORGAN
EX. V.P. & CASHIER: CAROL REAVES
Total Assets .....•.................. 25,377
Loans, Net .......................... 16,692
Securities •.•.•.•...•.•.••.•.....•.••. 5,701
Interest Bearing Balances •...•.•.••.••• 199
Total Deposits ...................... 23,106
No. Shares Authorized ••.•••..••.••.• 11,000
No. Shares Outstanding .•........... 11,000
Preferred Stock ......................... -0Common Stock ........................ 275
Surplus ...•..••.•.•••••••.••..•.••.••.• 559
Undivided Profits ..................... 1,189
Reserve for Loan Losses ................ 228
Total Equity Capital ••.••.•.•••••••••• 2,023
Subordinated Debt ...................... -0-
DIRECTORS: Richard Smith, James M. Morgan, Jay Wilson, Roger Smith, Colon Watson, Guy R.
Smith, Duncan Grayson, Eugene Bramblett, Grady Arrington, M. R. Smart
State of Arkansas:
104
Bank Department
CITIZENS BANK
P.O. Box 724
Strong
Zip Code: 71765
Population: 785
Charter Date: January 19, 1931
Branches: O
County: Union
Charter Number: 634
Telephone: 797-7361
Bank Holding Company Affiliate: Exchange Bancshares, Inc.
PRES. & CEO: JAMES H. LUDWIG
V.P. & CASHIER: JEANELL COGBURN
Total Assets •••••.••................•. 9,965
Loans, Net .......••.••.••.••.••.•..•. 3,297
Securities •.•.•.•.••.•..••.....•.••.•• 4,312
Interest Bearing Balances ••••••••.••... 792
Total Deposits ...............•••••.•• 8,260
No. Shares Authorized ..••.••..•.•..•. 8,000
No. Shares Outstanding ••.••.•••••••. 8,000
Preferred Stock ..•........•.....••.••.•• -0Common Stock •.••.••.••.•...•........ 200
Surplus ••••.....................•..•..• 300
Undivided Profits ..................... 1,072
Reserve for Loan Losses .....•......•.••. 45
Total Equity Capital •.••.•.••.••.••••• 1,572
Subordinated Debt. .........•........... -0-
DIRECTORS: Robert P. Taylor, James H. Ludwig, Glenn Rambin, D. R. James, Jr., Noland
Hagood, 0. B. Clark, Bobby Dugal, Earl Herring
THE FARMERS & MERCHANTS BANK
County: Arkansas
Charter Number: 687
Telephone: 673-6911
P.O. Drawer 947
Stuttgart
Zip Code: 72160
Population: 11,000
Charter Date: December 29, 1944
Branches: 3
Bank Holding Company Affiliate: The Farmers & Merchants Bankshares, Inc.
PRES. & CEO: DON PATTILLO
EX. V.P.: CARL GUNTER
SR. V.P.: LLOYD RATCLIFF
SR. V.P.: GLENN BAUMAN
SR. V.P.: LARRY GUNNELL
SR. V.P.: JODY FOWLER
SR. V.P.: RICKY TRICE
V.P. & T.O.: JIM SHENEP
Total Assets ••.•..••................ 94,413
Loans, Net ...........••.••..•..•.... 54,580
Securities ...••.•..••.••.•......•..•• 23,451
Interest Bearing Balances ..•..••...... 7,278
Total Deposits ...................••. 81,953
No. Shares Authorized ....••..•.••.• 100,000
No. Shares Outstanding ..•..•...... 100,000
Preferred Stock •.••..•..•...•........... -0Common Stock ..•.••••.•.••.••.••..• 1,000
Surplus .......................•..••.• 3,100
Undivided Profits ..................... 4,915
Reserve for Loan Losses .•••..•...•....• 736
Total Equity Capital .•.••.•.••.•••••.• 9,015
Subordinated Debt ...........•.......... -0-
DIRECTORS: Roy 0. McCollum, Ill, Horace Sickel, Don Pattillo, Carl Gunter, Lloyd Ratcliff,
Mickey Pierce, Robert Seidenstricker, Ray Vester, Billy Simpson, James E. Pond
Seventy-Fourth Report
105
BANK OF TRUMA NN
County: Poinsett
Charter Number: 354
Telephone: 483-6333
Trumann
P.O. Box 48
Population: 6,500
Zip Code: 72472
Charter Date: October 2, 1911
Branches: 0
Bank Holding Company Affiliate: None
CH., PRES. & CEO: CLYDE ROBERTSON, JR.
CASHIER: CHERYL McMASTERS
VICE PRESIDENT: CARROLL D. ANDERSON
VICE PRESIDENT: WILBURN J. COLE
VICE PRESIDENT: RICK GILLETTE
ASST. V.P.: SHIRLEY BENSON
Total Assets ............• ........... 42, 772
Loans, Net .....•...•..• ....•.......• 13,143
Securities ..........•.. .........•... . 26,559
Interest Bearing Balances ....•......•.. • -0Total Deposits .•........... ......... 37,030
No. Shares Authorized .............. . 60,000
No. Shares Outstanding •..•.....•... 60,000
Preferred Stock ........•..... ...••..•..• -0Common Stock .......•••... .....•.•. 1,500
Surplus ....•........ .........•... .... 2,000
Undivided Profits ....•.•....•.. ..•.•.. 1,354
Reserve for Loan Losses ..•........... .. 478
Total Equity Capital .............• ..•. 4,854
Subordinated Debt. ............. ........ -0-
DIRECTORS: Clyde Robertson, Jr., Carroll D. Anderson, Terry M. Clogston, Wilburn J. Cole, J. F.
Lady, Eugene Pounds, Natalie T. Stuckey, Virginia P. Turner
BANK OF TUCKERMAN
County: Jackson
Charter Number: 164
Telephone: 349-5155
Tuckerman
P.O. Box. 700
Population: 2,078
Zip Code: 72473
Charter Date: November 8, 1902
Branches: 2
Bank Holding Company Affiliate: Rainbow Investment Co., Inc.
PRES. & CEO: LINDLEY V. SMITH
VICE PRESIDENT: AL M. MORRIS, JR.
CASHIER: ANN WATSON
Total Assets .............. ....•..... 25,084
Loans, Net .............. ............ 11,982
Securities ....•.•....•. .............. . 6, 176
Interest Bearing Balances ............. 2,079
Total Deposits .............. ..•....• 21,637
No. Shares Authorized •............. .. 4,000
No. Shares Outstanding .•............ 4,000
Preferred Stock ............. ........... ;-0Common Stock ...........•.. .....•.•.. 100
Surplus .•.......•... .............. .•.•• 900
Undivided Profits ..•.........•. .•..... 1,878
Reserve for Loan Losses •..•....•..•.• •. 318
Total Equity Capital ...........•.. •.•. 2,878
Subordinated Debt. •...•..•.•... ........ -0-
DIRECTORS: Scotty Armstrong, Bob Penix, Lindley V. Smith, Jr.
106
State of Arkansas:
Bank Department
TYRONZA BANK
County: Poinsett
Charter Number: 704
Telephone: 487-2161
Tyronza
P.O. Box 395
Population: 777
Zip Code: 72386
Charter Date: October 31, 1951
Branches: O
Bank Holdlng Company Affiliate: Tyronza Bancshares
PRES. & CEO: CHARLES F. LUTER
VICE PRESIDENT: ALBERT A. BANKS
VICE PRESIDENT: MAXYNE URSERY
ASST. V.P.: ROGER STOKES
Total Assets ...................... .. 19,505
Loans, Net .............•........ ..... 9,838
Securities ...................... ...... 3,752
Interest Bearing Balances ............. 4,135
Total Deposits ...................... 16,258
No. Shares Authorized •..........•.... 2,000
No. Shares Outstanding .............. 2,000
Preferred Stock ...................... ...-0Com mon Stock ...................... ... 50
Surplus ...................... ..•..... 1,000
Undivided Profits ..................... 1,962
Reserve for Loan Losses ................ 129
Total Equity Capital .....•........•... 3,012
Subordinated Debt. ....•................ -0-
DIRECTORS: Albert A. Banks, George E. Beley, Charles F. Luter, H. F. Norcross, Jr., Eugene
Vaughn, Lewis Woods
CITIZENS BANK & TRUST COMPANY
County: Crawford
Charter Number: 328
Telephone: 474-1201
3110 Alma Highway
Van Buren
P.O. Box 469
Zip Code: 72956
Population: 12,020
Charter Date: May 20, 1910
Branches: 3
Bank Holding Company Afflllate: Citizens Financlal Service Corp.
CHAIRMAN: JACK D. ALEXANDER
PRES. & CEO: WILLIAM W. THOMAS
EX. V.P.: MELVIN M. WAMOCK
SR. V.P.: MARION H. RIGGS
Total Assets ......•............... .. 69,864
Loans, Net ...................... .... 43, 192
Securities ...................... ..... 19,494
Interest Bearing Balances .............. 900
Total Deposits ...••................. 63,078
No. Shares Authorized ............... 16,000
No. Shares Outstanding ............. 16,000
Preferred Stock ...................... ... -0Common Stock ...................... .. 400
Surplus ...................... ........ 2, 100
Undivided Profits ..................... 2,955
Reserve for Loan Losses ................ 569
Total Equity Capital .................. 5,455
Subordinated Debt. ..................... -0-
DIRECTORS: Jack D. Alexander, John R. Ballentine, Dr. Robert D. Fisher, Jimmy D. Gooch,
Morril Harriman, Marion H. Riggs, Paul Shirley, William W. Thomas, Melvin M. Warnock
107
Seventy-F ourth Report
THE PEOPLES BANK
Waldo
P.O. Box 426
Zip Code: 71770
County: Columbia
Charter Number: 313
Telephone : 693-5551
Population : 1,685
Charter Date: June 22, 1910
Branches: 3
Bank Holding Company Affiliate: Golden Oaks Bancshares, Inc.
PRES. & CEO: HAROLD FINCHER
EX. V.P.: RICHARD P. CLARK
V.P. & CASHIER: JOYCE N. CRANE
VICE PRESIDENT: DOROTHY J. FINCHER
ASST. V.P.: JEANIE ROWE
ASST. V.P.: JILL JACKSON
ASST. V.P.: KATHRYN GASS
Total Assets ........... ........... .. 24,481
Loans, Net ........... ........... ..... 7,357
Securities ........... ........... ...... 9,287
Interest Bearing Balances ........... .. 6,584
Total Deposits ........... ........... 21,181
No. Shares Authorized ........... .... 10,000
No. Shares Outstanding ........... .. 10,000
Preferred Stock ........... ........... ... -0Common Stock ........... ........... .. 250
Surplus ........... ........... .......... 250
Undivided Profits ........... .......... 2,014
Reserve for Loan Losses ........... ..... 101
Total Equity Capital ........... ....... 2,514
Subordinate d Debt. ........... .......... -0-
DIRECTORS: Harold Fincher, Richard Clark, Imogene Clark, Dorothy J. Fincher, Clark Fincher,
G. F. Scott, Betty Lou Scott, Pam Davis, Mary Baird, Betty Harris
BANK OF WALDRON
Waldron
P.O. Box 278
Zip Code: 72958
County: Scott
Charter Number: 72
Telephone : 637-2161
Population : 2,642
Charter Date: April 3, 1901
Branches: 1
Bank Holding Company Afflllate: None
PRES. & CEO: BILL R. PHILPOT
EX. Y.P.: KNOX DOZIER
SR. Y.P.; ROBERT AKERS
VICE PRESIDENT: KELLEY HUNT
CASHIER: LINDA TANNER
ASST. Y.P.: DEBRA FULLER
Total Assets ........... ........... .. 56,101
Loans, Net ........... ........... .... 37, 141
Securities ........... ........... ..... 10,955
Interest Bearing Balances ........... .. 4,855
Total Deposits ........... ........... 48,981
No. Shares Authorized ........... .... 24,000
No. Shares Outstanding ...........• . 24,000
Preferred Stock ........... ........... ... -0Common Stock ........... ........... .. 600
Surplus ........... ........... ........ 1,900
Undivided Profits ........... .......... 4,279
Reserve for Loan Losses ........... ..... 571
Total Equity Capital ........... ....... 6,779
Subordinate d Debt ........... ........... -0-
W.
DIRECTORS: Dale Rodgers, Robert Akers, Kelly Ashford, Billy J. Black, Jim H. Currier, W.
Davis, Knox Dozier, Rena Owens, Bill R. Philpot, James Richmond
108
State of Arkansas:
Bank Department
SCOTT COUNTY BANK
P.O. Box 838
Waldron
Zip Code: 72958
Population: 3,000
Charter Date: February 20, 1980
Branches:0
County: Scott
Charter Number: 741
Telephone: 637-3191
Bank Holding Company Affiliate: None
CEO: JOHN E. CHAMBERS, Ill
PRESIDENT: PATSY HAWKINS
CASHIER: TRISHA SIKES
VICE PRESIDENT: ROBBIE ZIMMER
ASST. V.P.: BILL MARSH
ASST. CASHIER: BEKKI HAAS
Total Assets •.............•......... 33,729
Loans, Net .......................... 21,532
Securities ..........•.......•...••.... 3,031
Interest Bearing Balances ............. 5,933
Total Deposits .....................•30,899
No. Shares Authorized ............... 40,000
No. Shares Outstanding ............• 40,000
Preferred Stock .............•.•....•..•. -oCommon Stock .•...........•..•..•.... 400
Surplus .............................. 1, 100
Undivided Profits •......•.......•..... 1,085
Reserve for Loan Losses .........•...... 445
Total Equity Capital .•.............•.. 2,585
Subordinated Debt. ..........•.......... -0-
DIRECTORS: W. R. (Bud) Rice, Thurman Keener, J. B. Cox, Roy Hale, Howard Brown, Patsy
Hawkins, Johnny Chambers
FIRST STATE BANK OF WARREN
County: Bradley
Charter Number: 739
Telephone: 226-2601
P.O. Box 29
Warren
Zip Code: 71671
Population: 9,971
Charter Date: December 12, 1978
Branches: 2
Bank Holding Company Affiliate: Bradley Bancshares, Inc.
CHAIRMAN: BENNIE RYBURN, SR.
PRES. & CEO: FREDDIE M. MOBLEY
EX. V.P.: HUGH A. QUIMBY
T.otal Assets •.............•.•...•..• 55,965
Loans, Net .............•.••.....•... 25,556
Securities ••...........•..••••....... 19,387
Interest Bearing Balances •......•....• 7,024
Total Deposits ...........•.......•.. 50,296
No. Shares Authorized .•...•...•..•.• 59,000
No. Shares Outstanding •...........• 59,!)00
Preferred Stock .....•...........•..•.... -0Common Stock ........................ 590
Surplus ........•..•...••.....•.••.•.. 1,910
Undivided Profits .•.•..•......•....... 1,824
Reserve for Loan Losses ..•............. 445
Total Equity Capital ...•...•.•..•. ,.•.. 4,324
Subordinated Debt. .....•...•....•..•.•• -0-
DIRECTORS: Bennie Ryburn, Sr., Freddie M. Mobley, Hugh A. Quimby, Robert E. Garner, Roger
George, Bennie Ryburn, Jr., J. C. Thompson, H. Sidney Wharton
109
Seventy-Fourth Report
WARREN BANK AND TRUST .COMPANY
Warren
P.O. Box 350
Population: 9,971
Zip Code: 71671
Charter Date: December 28, 1901
Branches: 3
County: Bradley
Charter Number: 80
Telephone: 226-2621
Bank Holdlng Company Affiliate: None
PRES. & CEO: G. C. SANGSTER
SR. V.P.: GERALD BURTON
VICE PRESIDENT: JAMES SMITH
VICE PRESIDENT: WALTER RUTLEDGE
VICE PRESIDENT: PAULINE
HOLLINGSWORTH
VICE PRESIDENT: OUITA HUITT
VICE PRESIDENT: CAROLYN CURRY
VICE PRESIDENT: WILLIAM C. WISENER
Total Assets ....................•. .. 85,310
Loans, Net ........•............. .... 32,439
Securities ...................... ..•.• 40,395
Interest Bearing Balances ............. 4,983
Total Deposits .....................• 72,443
No. Shares Authorized ............. , . 48,000
No. Shares Outstanding ............. 48,000
Preferred Stock ....•............. : ...... -0Common Stock ..........•........... 1,200
Surplus ...................... ........ 1,200
Undivided Profits ..•......•....••..•.. 6,360
Reserve for Loan Losses ............•..• 435
Total Equity Capital ..•..•.•....•..... 8,760
Subordinated Debt. ....•....•..•........ -0-
DIRECTORS: Louis Ederington, J. E. Hurley, Jr., Dr. G. F. Wynne, C. A. Milton, W. Sykes Harris,
F. Martin Hankins, L. H. Derby, Jr., John B. Frazer, Gerard C. Sangster
BANK OF WEINER
Weiner
P.O. Box 307
Zip Code: 72479
County: Poinsett
Charter Number: 276
Telephone: 684-2221
Population: 776
Charter Date: April 2, 1909
Branches: 1
Bank Holding Company Affiliate: None
PRES. & CEO: JOHN R. HOGUE
EX. V.P.: NILES A. BISE
SR. V.P.: MICHAEL D. GILLIS
Total Assets .............•........ .. 31,976
Loans, Net ..........•........... .... 17 ,739
Securities ................•.•... ..... 11,656
Interest Bearing Balances .•............ 200
Total Deposits .•....•.........•..... 28,143
No. Shares Authorized ...•............ 8,000
No. Shares Outstanding ..........•... 8,000
Preferred Stock .......•....•....•.•.. •.. -0Common Stock .........•......•....• .. 200
Surplus •............•........ ....•..• 1,300
Undivided Profits .................•..• 2,031
Reserve for Loan Losses ...........•..•. 379
Total Equity Capital .......•.........• 3,531
Subordinated Debt .....••........••..... -D-
DIRECTORS: John R. Hogue, Dr. Ernest L. Hogue, Herbert D. Ziegenhorn, Charles E. Givens,
Niles A. Bise
110
State of Arkansas:
Bank Department
MERCHANTS AND FARMERS BANK
County: Phillips
Charter Number: 700
Telephone: 572-3481
P.O. Box 2507
West Helena
Zip Code: 72390
Population: 11,005
Charter Date: October 4, 1948
Branches: 2
Bank Holding Company Afflllale: Soulhem Bancshares, Inc.
CEO: DOUGLAS SIMMONS
PRESIDENT: BILL SIMMONS
EX. V.P. & CASH.: JAMES A. BOGLE
SR. V.P.: GORDON M. WHITE
SR. V.P.: E. F. KALB, JR.
VICE PRESIDENT: THOMAS L. DIAL
Total Assets ......•..•..•......... .. 80,375
Loans, Net ..................•... ...• 39,084
Securities ...................... ..... 33,798
Interest Bearing Balances .............. 897
Total Deposits ...................... 69,256
No. Shares Authorized ............... 20,000
No. Shares Outstanding ............. 20,000
Preferred Stock ...................... ... -oCommon Stock ...................... .. 500
Surplus ...................... ........ 1,000
Undivided Profits ...............•..... 3,999
Reserve for Loan Losses ................ 513
Total Equity Capital .................. 5,499
Subordinated Debt ...................... -0-
DIRECTORS: Brooks Griffin, James E. Boyd, Jerry Kelley, Walter L. Morris, Bill Simmons,
Douglas Simmons, Herman H. Storey, Jr.
BANK OF WEST MEMPHIS
County: Crittenden
Charter Number: 601
Telephone: 735-2922
626 E. Broadway
P.O. Box 2128
West Memphis
Zip Code: 72301
Population: 28,138
Charter Date: April 21, 1928
Branches: 3
Bank Holding Company Affiliate: Bancshares of Wesl Memphis, Inc.
CHAIRMAN: GEORGE H. DUNKLIN
PRES. & CEO: JACK K. HOGAN
VICE PRESIDENT: ROBERT L. WRIGHT
V.P., AUDITOR: ROBERT L. NAYLOR
VICE PRESIDENT: ARLEY KNIGHT
Total Assets ...................... .. 72, 789
Loans, Net ...................... ...• 21,245
Securities ........•......•.....• ..... 33,211
Interest Bearing Balances ..........•.... -0Total Deposits ...................... 64,998
No. Shares Authorized .............. 100,000
No. Shares Outstanding ............ 100,000
Preferred Stock ...................... ..• -0-Common Stock ...........•.......... 1,000
Surplus ...................... ........ 1,500
Undivided Profits .......•............. 4,929
Reserve for Loan Losses .........••..... 253
Total Equity Capital ...•.............. 7,429
Subordinated Debt ...............•...... -0-
DIRECTORS: George H. Dunklin, Jack K. Hogan, W. Kentlngram, Keith Ingram, James A. Heath,
Davis Biggs, Lloyd C. Mccuiston, Jr., Mrs. M. E. Black Dunklin, Paul W. O'Neal, Pat K. Magruder,
J. C. Tennison, Frank Waggener
111
Seventy-Fourth Report
WILM OT STATE BANK
Wilmot
P.O. Box 95
Population: 1,227
Zip Code: 71676
Charter Date: October 25, 1937
Branches: O
County: Ashley
Charter Number: 676
Telephone: 473-2211
Bank Holding Company Affiliate: None
PRES., CEO. & CASHIER:
KENNETH M. ALLBRITTON
Total Assets ......... ......... ........ 8,315
Loans, Net ......... ......... ......... 4,524
Secu rltles ......... ......... ......... .. 335
Interest Bearing Balances ......... .... 2,370
Total Deposits ......... ......... ..... 6,862
No. Shares Authorized ......... ...... 12,000
No. Shares Outstand ing ......... .... 12,000
Preferred Stock ......... ......... .....•. -0Common Stock ......... ....•.... .....• 120
Surplus ......... .......•. ...•..... ....• 755
Undivided Profits ......... ......... .... 420
Reserve for Loan Losses ......... ..•..•.. 56
Total Equity Capital ......... ......... 1,295
Subordin ated Debt ......... .•...•.. ..... -0-
Jr., William Jackson Currie,
DIRECTORS: William B. deYam pert, John B. Currie, John B. Currie,
Thomas F. Scannell, Ill, I. A. Janes, deceased
BANK OF WILSON
County: Mississippi
Charter Number: 262
Telephone: 655-8374
Wilson
P.O. Box 338
Zip Code: 72395
Population: 1,151
Charter Date: October 3, 1908
Branches: 1
Bank Holding Company Affiliate: None
CHAIRMAN: STEVE WILSON
PRES. & CEO: CHARLES L. MILLER
VICE PRES.: MARY EMILY THOMPS ON
LOAN OFFICER: BILLY RUSSELL, JR.
CASHIER: ALICE GRIFFIN
ASST. CASHIER: NONA THOMPS ON
BRANCH MANAGER: FANNIE
CARTWR IGHT
VICE CHAIRM AN OF THE BD.:
C. L. DENTON , JR.
Total Assets ..•..... ......... ....... 17,611
Loans, Net ......... ......... ......... 4,923
Securities ......... ......... ......... . 9,686
Interest Bearing Balances ......... ..... 499
Total Deposits ......... ......... .... 14,931
No. Shares Authorized ......... ...... .4,000
No. Shares Outstand ing ......... ..•.. 4,000
Preferred Stock ......... ...••... ........ -0Common Stock ......... ......... ...... 100
Surplus •.•..... ......... ......... .•.. 1,000
Undivided Profits ......... ......... ... 1,502
Reserve for Loan Losses ....•.... ..•.... 299
Total Equity Capital ......... ......... 2,602
Subordin ated Debt ......... ......... .... -0-
C. L. Denton, Jr., Phillip
DIRECTORS: Steve Wilson, Harold Clemons, Sumner R. Cullom,
Wilson, R. E. L. Wilson, V
L.
E.
R.
Mrs.
Forrester, J.B. Hilliard, Charles L. Miller, Michael E. Wilson,
112
State of Arkansas:
Bank Department
CROSS COUNTY BANK
County: Cross
Charter Number: 25
Telephone: 238-8171
1 Cross County Plaza
P.O. Box 9
Wynne
Zip Code: 72396
Population: 8,446
Charter Date: June 5, 1891
Branches: 2
Bank Holding Company Afflliate: Cross County Bancshares, Inc.
PRES. & CEO: KEN McCLANAHAN
CASHIER: BETH DILDINE
VICE PRESIDENT: MAZIE BALLARD
VICE PRESIDENT: LEON FOUST
VICE PRESIDENT: ANN JONES
VICE PRESIDENT: MAC McCLANAHAN
EX. SEC.: JUDY THOMAS
Total Assets ................. ....... 68,858
Loans, Net ..........•....•• ........• 30,828
Securities ......•.......... •......... 33,217
Interest Bearing Balances ............... -0Total Deposits ..........•..•.•. ..... 61,997
No. Shares Authorized ..•............. 4,000
No. Shares Outstanding ............. .4,000
Preferred Stock •..•............. ........ -0Common Stock ................. ....... 100
Surplus ................. ............. 2,400
Undivided Profits ................. .... 3,260
Reserve for Loan Losses ................ 570
Total Equity Capital ................. . 5,760
Subordinated Debt. ................. .... -0-
DIRECTORS: Willard G. Burks, Albert A. Hess, John H. Johnston, Jr., Joseph E. Dooley, Jr., Guy
E. Fisher, Marvin Hagaman, James Richardson, Roger E. Pohlner, Pete Imboden, Ill
THE BANK OF YELLVILLE
County: Marion
Charter Number: 691
Telephone: 449-4231
P.O. Box 325
Yellville
Zip Code: 72687
Population: 2,034
Charter Date: December 31, 1945
Branches: 1
Bank Holding Company Afflllate: Mountain Bancshares, Inc.
PRES. & CEO: CHARLES CHAMPBEI.L
EX. V.P.: JUDY LOVING
VICE PRESIDENT: CHLOE RICHARDSON
ASST. V.P.: R. D. JACKSON
ASST. V.P.: EDITH C..BENTON
Total Assets ................. ....... 42,406
Loans, Net ................. ......... 21,676
Securities ................. ...•...... 10,956
Interest Bearing Balances .•.........•. 5,351
Total Deposits ..•.•.......•.... ..... 38,988
No. Shares Authorized ........•...... 23,500
No. Shares Outstanding ............. 20,781
Preferred Stock ................. ........ -0Common Stock ................. ....... 208
Surplus ................. ............. 1,590
Undivided Profits ................. .... 1,259
Reserve for Loan Losses ....•........... 642
Total Equity Capital ...........•..... . 3,057
Subordinated Debt ................. ..... -0-
DIRECTORS: Judy Loving, Charles Campbell, Oran Carter, H. C. Hall, Owen Kompelien, Susan
Wendel, Dan Duren, Frank Bailey, John James, Karl King
Seventy-Fourth Report
SEVENTY-FOURTH REPORT
showing
THE CONDITION OF THE
2 ARKANSAS STATE-CHARTERED
TRUST COMPANIES
(Nol engaged in commercial banking)
ASSETS AND LIABILITIES ARE AS SHOWN BY THE CALL OF
JUNE 30, 1988
113
State of Arkansas:
114
Bank Department
JONES INVESTMENT AND TRUST COMPANY
County: Pulaski
Charter Number: 302
Telephone: 374-5225
504 First Federal Plaza
Zip Code: 72201
Little Rock
Population: 250,000
Charter Date: February 9, 1910
Branches: O
Bank Holding Company Alflllate: None
PRES. & CEO: BERNICE JONES
VICE PRESIDENT: H. G. FROST, JR.
SEC.-TREAS.: MARY SELLERS
Total Assets .•......•............... 14,218
Loans, Net ........................... 1,329
Securities .........•............•..••. 8,981
Interest Bearing Balan.ces ............. 3,402
Total Deposits .......................... -0No. Shares Authorized ................ 1,000
No. Shares Outstanding ........•..... 1,000
Preferred Stock ......................... -0Common Stock ........................ 100 _
Surplus ......•...................... 10,000
Undivided Profits ..................... 4,065
Reserve for Loan Losses ................. 16
Total Equity Capital ................. 14,165
Subordinated Debt. ..................... -0-
DIRECTORS: Bernice Jones, H. G. Frost, Jr., Mary Sellers
METROPOLITAN TRUST COMPANY
County: Pulaski
Charter Number: 569
Telephone: 835-7500
7500 Hwy. 107
Sherwood
P.O. Box 6500
Zip Code: 72116
Population: 10,586
Charter Date June 5, 1925
Branches:O
Bank Holding Company Afflllale: None
PRES. & CEO: HAL C. MATTHEWS
V.P.& GEN. COUN.: ANDREW J. COLLINS
SECRETARY: PEGGY L. BEASLEY
TREASURER: EVERETT L. HALL, JR.
ASST. SEC.: JEAN BRUEGEMAN
Total Assets ........................... 864
Loans, Net ............................. -0Securities ......•........................ 20
Interest Bearing Balances .............. 534
Total Deposits .......................... -0No. Shares Authorized •............... 1,642
No. Shares Outstanding .............. 1,636
Preferred Stock ......................... --0Common Stock ........................ 164
Surplus ................................. 33
Undivided Profits ...................... 110
Reserve for Loan Losses .....•.......... -0Total Equity Capital .................... 307
Subordinated Debt ...................... -0-
DIRECTORS: Richard B. Adkisson, Howard Cockrill, Andrew J. Collins, Somers Adkisson
Collins, Jerry H. Glenn, Jr., Justin M. Glenn, Everett L. Hall, Jr., Lila B. Hornor, David L. Matthews,
Hal C. Matthews, Justin Matthews, Ill, James D. Simpson, Jr.
Seventy-Fourth Report
SEVENTY-FOURTH REPORT
showing
THE CONDITION OF THE
3 ARKANSAS STATE-CHARTERED ACT Ill
INDUSTRIAL LOAN INSTITUTIONS
(Not engaged In commercial banking)
ASSETS AND LIABILITIES ARE AS SHOWN BY THE CALL OF
JUNE 30, 1988
115
State of Arkansas:
116
Bank Department
SOUTHERN CREDIT CORPORATION
P.O. Box 400
Malvern
Zip Code: 72104
County: Hot Spring
Charter Number: 1000
Telephone: 332-2462
Population: 10,000
Charter Date October 9, 1959
Branches: 0
Bank Holding Company Affiliate: None
PRES. & CEO: W. H. McCLURE
EX. V.P.: LAYNE SPARKS
TREASURER:GEORGEL.MeCLURE
Total Assets ........................ 11,907
Loans, Net ........................... 4,346
Securities .........................•.. 5,396
Interest Bearing Balances .......•...•.. 892
Total Deposits •..................... 10,490
No. Shares Authorized ............... 30,000
No. Shares Outstanding ............. 11,350
Preferred Stock ......................... -0Common Stock ........................ 227
Surplus .....................•.......... 608
Undivided Profits .........•............ 516
Reserve for Loan Losses ................. 83
Total Equity Capital ...............•.. 1,351
Subordinated Debt ... ; .................. -0-
DIRECTORS: W. H. McClure, Layne Sparks, George L. McClure, James Cole, Dr. A. J. Wilks,
Frank McClure, Nancy York, Vance Jernigan
HALLMARK LOAN AND INVESTMENT
CORPORATION
County: Pulaski
Charter Number: 1001
Telephone: 376-3523
305 East Broadway
P.O. Box 5821
North Little Rock
Zip Code: 72119
Population: 64,419
Charter Date: October 21, 1927
Branches: 0
Bank Holdlng Company Affiliate: None
PRES. & CEO: A. J. GORNATTI
ASST. V.P.: KAREN L. CALDWELL
ASST. V.P.: ELISABETH A. ESTES
Total Assets ........................ 10,680
Loans, Net ........................... 7,612
Securities .............................. -0lnterest Bearing Balances ....•......... 600
Total Deposits ..............•......•. 9,372
No. Shares Authorized ..........•...•. 1,000
No. Shares Outstanding ...••......•.... 434
Preferred Stock ......................... -0Common Stock ....................... . 434
Surplus ................................ 606
Undivided Profits ...................... 216
Reserve for Loan Losses ................. 34
Total Equity Capital ................•. 1,256
Subordinated Debt ...................... -0-
DIRECTORS: John Jacobs, Dorrance Williams, E. C. Benton, Jr., William Brandon, John
Seawright, A. J. Gornatti
Seventy0 Fourth Report
117
NATIONAL CREDIT CORPORATION
County: Pulaski
Charter Number: 1002
Telephone: 378-1521
P.O. Box 1681
Little Rock
Zip Code: 72203
Population: 250,000
Charter Date April 13, 1941
Branches:0
Bank Holding Company Affiliate: Worthen Banking Corporation
PRES. & CEO: TOM PRINCE
V.P. & TREAS.: ALAN KING
SECRETARY: ARNOLD MAYERSOHN
A. SEC. & A. TR.: JEFF HUMPHREY
Total Assets ................. .......... 240
Loans, Net ................. ............ -0Securities ................. ............. -0lnterest Bearing Balances .............. 229
Total Deposits ................. ......... -0No. Shares Authorized .•............. 10,000
No. Shares Outstanding .............. 6,250
Preferred Stock ................. ........ -0Common Stock .....•..•........ .•..•.. 125
Surplus ................. ............. 1,125
Undivided Profits ................. .... 1,027
Reserve for Loan Losses •.............•. -0Total Equity Capital ................. ... 223
Subordinated Debt. ................. .... -0-
DIRECTORS: Curt Bradbury, Tom Prince, Bill Keisler
118
State of Arkansas:
Bank Department
SEVENTY-FOURTH REPORT
showing
THE CONDITION OF THE
1 NON-PROFIT ORGANIZATION
(Nol engaged In commercial banking}
JUNE 30, 1988
Seventy-Fourth Report
119
ARKANSAS CAPITAL COPORATION
County: Pulaski
Telephone: 374-9247
800 Pyramid Place
221 West Second Street
Little Rock
Zip Code: 72201
Population: 250,000
Branches: 0
Bank Holding Company AffUlate: None
CHAIRMAN: PATRICK C. KOCH
PRESIDENT: WILLIAM T. STAED
CEO/EX. V.P.,: GEORGE H. EAGEN
VICE PRESIDENT: LEONARD L. HAMPSON
V.P. & A. SEC.-TR.: GEORGE E. CAMPBELL
VICE PRESIDENT: GARY E. DUNCAN
Total Assets •......................... 7.651
Loans, Net ........................... 5,781
Securities ............................. 873
Interest Bearing Balances .............. 600
Total Deposits .......................... -0No. Shares Authorized ................ 2,500
No. Shares Outstanding .............. 1,095
Preferred Stock ........................• -0Common Stock ........................ 110
Surplus ..•.............•............... -0Retained Earnings .................... 3.462
Reserve for Loan Losses ................ 615
Total Equity Capital .•................ 3.571
Subordinated Debt .........•..•..••.•••• -0-
DIRECTORS: Don Pattillio, Patrick C. Koch, Wallace B. Cunningham, George E. Campbell, Gary
E. Duncan, Robert E. Pruitt, William T. Staed, Wayne Clark
@FedFRASER