View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

REPORT OF
THE

BANK COMMISSIONER




OF ARKANSAS

1976

DAVID PRYOR
Governor

H. C. ADAM S
State Bank Commissioner

JIM WOOTEN
Director
Department o f Commerce




■( \

(•,» >!t- > t.*r f v - i
i

BANK COMMISSIONER
OF THE

STATE

F




er

T o the Honorable Dai,




r




3

s

itley

'.es
al

FINANCIAL AN ALYST
Louis W . Elkins

J




s

W y v o n n e S ta r k

3i

L-:

ild in g

Six

C




5

IT

STATE OF ARK ANSAS







ARKANJ

er and

OFFICERS JUKI)
SECTION




«< *<




s

9

•t

m

EXa

li

10




ase

ase)

287

32

685

497

414

26

884

ViTJ

933

(5

080)

9

9

tiQd

9

&$

201

(1 0 1 )




Sixty-Secon d R eport

COM PARATIVE STATEM ENT SHOWING THE CONDITION OF STATE BAN KS AN D OTHER
FIN AN CIAL INSTITUTIONS FOR PAST THIRTY-FIVE YEARS

* Includes 3 Trust Companies and 3 Industrial Loan Institutions.




B orrow ed
Cash
M oney_______________
56.700
75,993,000
83.700
88,424,600
81.700
87,156,400
106.700
115,746,100
131.700
114,416,400
116.700
102,647,800
221.700
96,311,500
118.200
96,605,800
148.200
102,081,300
133.200
102,013,000
58.200
114,420,700
298.200
117,406,400
58.200
116,317,200
58.200
117,844,400
0
119,609,800
0
119,094,300
336,600
133,569,800
1.070.000
132,739,000
1.138.000
136,153,900
570,400
148,249,200
202.000
159,242,700
403.000
166,824,300
1.866.000
170,143,300
1.971.000
175,010,500
2,811,300
185,569,700
2,601,164
183,227,183
2,986,361
190,538,005
4,058,556
210,576,609
2,435,175
216,576,856
3,091,806
248,076,462
9,297,755
274,745,091
5,435,878
228,636,623
5,047,875
246,032,983
6,597,326
297,705,625
6.286.000
293,079,000

U. S. G o v ’t.
Bonds
21.423.800
71.252.800
97,906,100
137.559.700
187.100.000
170.818.800
160.340.700
148.075.000
158.652.300
148.390.100
144.775.800
152.351.100
135,033,400
148.234.300
140.958.000
150.285.000
148,166,500
155.785.000
155.449.300
155,723,600
160.497.100
169.592.900
155.870.900
159.366.100
186,800,200
189,139,644
206,198,703
194,248,984
196,913,431
216,399,847
210,128,150
198,777,648
198,508,207
195,778,357
261.406.000

Capital
Structure
13.316.600
13.904.500
15,076,800
16.624.500
18.908.900
21.414.700
23.769.900
26.381.700
29.064.500
31.611.000
34.416.400
37.166.600
40.797.700
42,559,300
46.686.200
50.275.400
54.163.400
57.409.200
62.805.700
67.604.600
73.092.400
78.504.900
85.282.000
91.300.600
93.953.700
105,525,167
109,561,715
124,896,757
136,660,445
153,776,789
171,803,107
174,062,867
203,390,026
229,170,894
262,085,000

Total
Resources
142.710.700
204.492.600
242.132.900
319,689,500
374.451.600
367.934.700
364,722,300
371.711.900
383.815.000
390.770.400
417.987.700
436.430.100
452.551.900
473.034.400
508.372.900
522.434.100
559.229.900
603.550.700
635.861.400
682.081.000
753,781,000
850.420.100
899,327,800
971.899.600
1,092,481,100
1,178,017,804
1,252,920,292
1,396,120,381
1,537,588,150
1,807,803,479
2,159,026,663
2,187,100,047
2,582,751,671
2,878,595,314
3,158,963,000

Bank Department

Loans and
Deposits______ Discounts
128,975,900
30,666,600
190,153,500
30,497,300
226,832,800
42,121,000
302,720,500
50,282,600
355,193,200
49,928,600
346,132,500
70,403,400
340,469,900
82,157,200
344,900,700
101,075,200
354,288,100
94,148,700
358,571,300
108,035,400
383,178,600
120,769,700
398,584,300
125,554,200
411,324,600
159,028,000
430,059,100
158,246,800
460,899,300
190,365,300
470,719,000
187,089,200
503,671,700
202,943,500
543,739,400
229,693,600
570,442,400
253,908,500
612,166,700
280,359,500
678,287,800
323,914,100
768,113,400
385,157,700
807,558,600
435,202,600
873,276,600
491,193,100
989,004,700
541,711,900
1,061,757,391
599,813,633
1,131,416,659
626,212,026
1,241,796,969
707,282,836
1,359,632,702
771,945,349
1,597,107,432
910,097,287
1,878,549,252 1,097,787,057
1,945,756,869 1,122,127,159
2,297,681,593 1,427,913,448
2,539,093,884 1,554,933,410
2,840,548,000 1,612,543,000

State o f Arkansas:

Date_____________N um ber
June 30, 1942 .............. 166
June 30, 1943 .............. 161
June 30, 1944 .............. 161
June 30, 1945 .............. 163
June 29, 1946 .............. 169
June 30, 1947 .............. 170
June 30, 1948 .............. 174
June 30, 1949 .............. 174
June 30, 1950 .............. 176
June 30, 1951 .............. 177
June 30, 1952 .............. 178
June 30, 1953 .............. 177
June 30, 1954 .............. 178
June 30, 1955 .............. 179
June 30, 1956 .............. 182
June 29, 1957 .............. 183
June 30, 1958 .............. 183
June 30, 1959 .............. 182
June 30, 1960 .............. 182
June 30, 1961 .............. 181
June 30, 1962 .............. 182
June 29, 1963 .............. 184
June 30, 1964 .............. 184
June 30, 1965 .............. 181
June 30, 1966 .............. 181
June 30, 1967 .............. 183
June 30, 1968 .............. 183
June 30, 1969 ...............*184
June 30, 1970 ...............*186
June 30, 1971 ...............*190
June 30, 1972 ...............*189
June 30, 1973 ...............*189
June 30, 1974 ...............*189
June 30, 1975 ...............*190
June 30, 1976 ...............*189

to




I

s
)







Sixty-Second R eport

15

16




St




Sixty-Secon d R eport

17

18




State of Arkansas;

Bank Department

19
NAT*
" v
' - \i(-.;
I t ,<CES
(WITHIN CITY FACILITIES NOT INCLUD




Location

20

kansas: Bank Department
Y STE M
Capital and

Surplus*
Mil. Thou.
182
... 4

004

.. 2

442

...... 5

099

...... 8

036
685

..... 3

r

, -r

\ k

e
r> r t ” •' - ■
■ ■ , * ■, *.
5URANCE CORPORATION

, ' v

573

it

Localion
.. Sidney

JTITUTIONS NOT ENGAGED
IN COM M ERCIAL B AN K IN G , N O T MEM BERS OF
INSURANCE CORPORATION
TRU ST COM PANIES

Location
Guars
in & Trust Com pany ........................ Helena
M atthews Com pany ................................ North Little R ock
M etropolitan Trust Com pany .............. North Little R ock

INDU




D

Mam®

!e L

••! <

!(' ^

>•>1

'

Location

Southern Cre<
»oration ................................ M alvern
Hallm ark Los
mst, Corp. ........ North Little R ock
National Credit C orporation ............................ Pine Bluff




21

STRUCTURE

!

22

am

:




in

9Q

;s

AMENDMENTS PROHIBITING THE RIG H T Ct

1.

First Stat







Sixty-Second Report
PERC




w

1

(Continued)

25
" ' c i

,< •-

-

26




183

ARKAB




28




S




29

30







<31

<U>X

r)




at




JUNE 30, 1976

34







35




so




37

ity
793-3811

)

38

(




S

3




39

>
»




•Designate

TOTAL




33

991

42

Sain Walto n
•D esignates Chief E xecutive Officer







43

Cl

44

TOTAL




St

45

iU X A J L #

.. ... ............................. m




SOU

46







47




State of Arkansas:

Bank Department




Sixty-Second Report

49

843-3575

1




State of Arkansas

B

sartment




Sixty-Second Report

51

52

(




I




*JO

OF JUNE 30, life

54







Officer

56




57

r

P oj

Chartered July

TOTAL




i

f

v« - ^

» r> , >

jndon







59

m

60




61

C




62




£ j , XVI.

Old !

lilip McClendon
E. A. Tucker




63

64

Charters
r







66

TOTAL







67

13

63

T — *L







69

70







1

TOTAL







73

74




75

*]




76







o

X“

‘




I

32 471

r

79

i.

TOTAL




80

Cfa




542-2555

,e




81

82




State of Arkansas: Bank Department

THE EUDORA B A N K , EUDORA
'

1

• ’ 1' I

- •C’

1V „

Zip Code 71640
■,

Inside City— None; ■<<




S ixty-Second R eport

83




Sta

266-3386




85

86

State of Arkansas: Bank Department

CITIZENS B A N K , FLIPPIN

Chartered May 18, 1973




P. O. B ox

261

’ ' »- C ode ?2f • >
1

’ ■ " te C it y -

Telep
, •-

87

FORDYCE B A N K A N D TRU ST COM PAN Y, FORDYCE




88




c

1




9(

C




91

§

TOTAL




92

CJ







94







95

96




if

CALEB







State of Arkansas:

Bank Department




99

42

948




c







vs

c




mitli




I ll




105

106

State of Arkansas: Bank Department
B A N K OF XMBODEH, W B O M

Population 496
Chartered October 12,1972

;
P. O. B o x 320

Telephone

Z ip Code 72434

N-" 1 '




■ ,'

aside City—I

■

. ■




s

108

T O TAL




Sta




109

110




Ill

Chartered January ?» 1932

>18

Telephone Number 935-5521

Number of Branches i Inside City—4; Outside City—2

IEm
~~LcCXA
I T'l's
*■*y*A
J
LP^
icsy
XL*1
X C
\JX
XiclA

AS!

OT




1 ?AC>fcJ
| «a
V

JbT3‘
X r ,r\ot/^£3ifTi4'

f ^AATHTfOi
*>—■C/i
JLtv• JT
L-/l^LocJlLCa&jtn o i rj

TXt#*

ent

C







113

I







115

116




S

i.




11?

366

118

S

Chai




T.

I




Ilf

S ixty-Secon d R eport

I

"

‘ "8







121




s




123

"3 2

14 357

124







125




I

gr

127

Ch

I







State of Arkansas;

Bank Department




PEOPLES B AN K , M AM M OTH SPRIN G
■ >• V x 3 1 0
Zip Code 72554

F
T

Inside City— N one;

130




c




I
»

'nates Chief

Executive

TOTAL




Officer

Char

D esignates Chief Executive Officer




134

State of

s C h ief E x e c u t iv e




Officer




135

,t

150
350

66

100
666
A ffllT
U liU L i
T




137

♦ T]

As




♦

'nates Chief Executive Officer

Asse




u




140

;on

TOTAL







142




5

Jr.




143

I 4fS7

144

Chartered No

TOTAL




S




TOTAL




43

366

Cli




St!

IL




c




5

1976

TOTAL







151

152




SI

t

C




153

State of Arkansas;

154

C

♦ X)

Assets




Bank Department

155

THE TW IN C ITY B AN K , NORTH LITTLE R O C K
Population 60.040
581
5119

Pulaski C ounty
Telephone Num ber 372-4700

y— 8; Outside City— None
Directors

1976
Assets

M iM

MIL Thou.

[lie from banks ... 5
U. S. Treasury secu rities.... 3
O blig. o f other U. S. G ov ’t
a i d e s & corporations .. 8
Oblig. o f States &
itical subdivisions ........ 11
A l l other securities
including
porate stocks ............
Excess funds sold ..............
.. 59
Loans (Net)
B ank premises, furniture
and fixtures ........................ I
A ll o
...................... 2

400
515
835
940
58
20
949
744
611

Dem and deposits ................
Tim e deposits ..........
U. S . G ov’t deposits ..........
Public funds ........................
Deposits o f banks ................
Total Deposits ................
Excess funds purchased ....
A ll other liabilities ..........
Total Liabilities ..............




15

386
367
216
465
150

1

276

87

491

Equity Capital
Capital stock .....................
Surplus

1®

..................................

800

Undivided profits ................
Capital reserves
Total Equity Capite
Subordinated notes

987

5 *1 11d 1a ..............

TOTAL

27
42

TOTAL ................

, *0

TOTAL




20 260

157

2181

TOTAL




158







160







161

162




State of Arkansas;

Bank Department

THE PERRY COUN TY B AN K , PER RY V ILLE
*’
, i

l

' <>
1

' ' c 188
Zip Code 72126
j'

Perry Com;'
Telephone N

Inside City—I* ■- 1

,,

. - f ' •,




r~
819
650

164

TO!







166

PLA N TE RS A N D STOCKM EN B AN K , PO C AH O N TA S

Chartered June 12, 1962




F. u . B o x o87

Telephone Numb ■'

lerk

t




Sixty-Secon d R eport

167

168




c

It

♦ Designates Chief Executive Officer




St£

170

5

Assets

TOTAL




1 ni
Jt i Jt

600
900

TOTAL




x1 i &




St




173

TOTAL




1

205




75

176

Assets

TOTAL




Mil, Thou,

Liabilities

Thou.




178




S

lent

100

79

I




180




B lit

TOTAL




TOTAL







s

183

port

283-5725

tie

184







135

*hou.

186

£

78-2251
Number of Brsnchss i




Insido City*--—
Noil© * Ontsid© Ciiy-~—
Noii€5

taloili

C

187

Mi< A

, '

U >H>\

P op u la tion 19,862
C h a rtered F eb ru a i
1 ,•

' 11

I3

;

3D A LE

W ashingtc '
1>
f

,

N um ber o f Br«

•D esignates O iief

E x e c u t iv e O ffic e r

T

L




60

520

o lM lo fiio o

Asi







189

190

ent

ns

X.

.L







1




s

1

Chartered July 28, 191

Officers

TOTAL




1

s

r
ib e r 483-6333

e

T




195

Charte




—2

visory)




h
er
Jr,

I

197

C l"
1

M




198

S

)1

TOTAL .....




IT

397

TOTAL




200

Cl

•13

TOTAL




Sixty-Second Report

201

BANK OF WALDRON, WALDRON
1

‘

1»

Population 2,396
( s/"
II

N um ber o f Branches:

Scott County
1 11 '
f8
T elephone N um ber 637-2161
Z ip C ode 72958
Inside City— None; Outside C ity— None

Officers

Directors

♦Mari
nelps ............ President
Win. K n ox Dozier .. Sr. V ice Pres.

d
Isom Crutchfield
W. W. Davis
Charlye V. Davidson
Win. K n o x D ozier
D ale R odgers
>dner

Patsy Hawkins .... Asst. V ice Pres.
er
m port .... Asst. V ice Pres.
W anda Kuhlm ann .... Asst. Cashier

diell
M arvin E. Phelps
•Designates Chief Executive Officer

JUNE 30, 1976
Assets




Mil. Thou.

Lia
Dem and de

202

State of Arkansas;

Bank Department

21

<

D.

A

s




,C0r

*D

a




204

State o f Arkansas;

Bank Department

M sacim irrs & f a r m e r s b a n k , w i s t iie l e n a
illation 11,007
Chartered O ctober 4, 1948

Phillips County
Telephone N um ber 572-3481
Z ip C ode 72390

TOTAL




s

205

t

BANK OF W EST M BlUPiaS, WEST * < ® « H S
Population 30,000
C hartered A pril 21, 1828
Number o f Branches:

Crittenden County
Telephone N um ber 731 " 2 2
-3 ; Outside City— None

O fficers

Directors

n ................ . Chairman
Zach McClendon .... Vice Chairman
♦ Jack
;an ................ President
R obert i.*, w right .... Exec. ¥ . Pres.
Paul Neal .....................
Vice Pres.
Wayne Stafford ............ V ice Pres.
Mary Gee .............. Asst. Vice Pres.
& Asst. Trust O fficer
Ruth Manchester .. Asst. Vice Pres.
Pats:
*gan .. Asst. Vice Pres,
Josephine Duncan ............ Cashier
Judy Gobbell ............ Asst. Cashier
Ola Jones .................. Asst. Cashier
Doris Swindler ........ Asst. Cashier
Janie L. Tate ............ Asst. Cashier
Jan Willis .................. Asst. Cashier
Jam es W. Russell .... Trust Officer
Auditor
Robert i,*. rvaylor ......
•D esignates

Q i i e f E x e c u t iv e

D avis B iggs

bbs
R. E. Eden
Jam es C. H ale
Jam es A. H eath

Ji

logan

Officer

JUNE 30, 1976
Assets

M l, Thou.

Cash & due from banks .... 4 235
U. S, Treasury secu rities.. 4 068
Oblig, o f other 1J, S. G o v ’t
agencies & corporations .. a isis
O b lg , o f States &
political subdivisions ...... o ms
A ll other securities
including
corporate stocks ..............
in
<t uOO
E xcess funds s o l d ..... .
..... ..................
14050
Bank premises, furniture
.................
374
A ll oi
....................
537

TOTAL




Liabilities
Dem and deposits .....
T im e deposits ............
U. 5. G ov’t deposits
P ublic funds ..............
Deposits o f banks ......
T otal Deposits .......
A ll other liabilities ..
T otal Liabilities ....
fr L t y r

\

*

206




c

t

I
e

207

Cl




208
B J U K OF W ILSON , WILSON
C

r

. e. :

•X B,
J. T. I
Mrs. '
Mrs. <
*lk
1976
i.

Assets




100

800

412
312
^5




S ixty-Second R eport

209

21®




Slate o f Arkansas;

Bank Department

il

1

211

showing

THE CONDH
3

V,

;v* •' \'E ♦ N C, A ' \ ; \

TRUST COMPANIES

(Not engaged in commercial hanking)

,>>•!< * o ; , r f " d f ^ A & h A t . S B i ' 8.\ v vr;- .m 1'* . ,t* .r ' v




l

212

S

nt

h

75

Tf

“




223

213

Ma t t h e w s

com pam y, n o r t h

Population 60,040
C h a rm e d F ebruary 16, ivo6

r . Cl. a m m m
Z ip C ode 72116

l ir l b

m m k

P ulaski County
Telephone N um ber I f 3-i#SS

i« o t engaged in com m ercial banking)
Offtans

Dfredton

•James P. Matthews ........ President
Martha D. Matthews .... V ice Pres.
Eunice Kum pe ................ V ice Pres,

Martna £i. M atthews
James r , M atthews
Joint
Jr.
Catherine M artin

A lice Hicks ...................... Secretary

Charles Martin
♦ Designates

Chief Executive Officer




_ i

St

III

1

Chart

♦Tiiqfl

TOTAL




641

rt

I 'l

N? n m r

THE CONDITION OF THE

>'

V ? A , i " ' \ •’

f|. O O / O W

ifUr

*' V

m m o N s

c

AS




I

>' l

2-2462

Directors
ire .... ............ President
V ance Jem igan ..... V ice President
R ay C ook .............. .. V ice President
JeweHe Johnson .. .. V ice President
A . J. W ilks ............ .. V ice President
G eor
m e ........ Tkeasiiiw
L ayne Sparks .... Sec,-ComptroHer
"D esignates Chief E xecutive

dure
V ance Jernigan

Bay Cook
Jew el© Johnson
A . J. W ilks
m
L ayne Sparta

Officer
1976

Aaeata

M il, Thou.

lie from banks ....
Oblig. o f States «
political subdivisions ...... I

ill

150
A ll other securities
including
corporate stocks ..............
703
hom rn (N et) .......................... .3 mats
A ll of
....................
58




)

Ummm

M l. Tbou.

Investm ent « n m c a t e s ....
T otal Certificates ............
AH other la b ilities ............
T otal lia b ilitie s ..............

0 4u3
0 ma
si

230
®aa

Equity Capital
Capital stock ........................
Surplus ..................................
U ndivided profits ................
Total Equity Capitol ......

242
258
n
517

217

Ft

BMMMMMX LOJUf & m i S B I H T COBPwHORTH LITTLE SOCK
fm laik i C ounty
T elephone N um ber 376-3523

Population 60,040

litiition
(N ot engaged In com m ercial banking)

Officers

Directors

*D. M. Fitzgerald .............. President
W illiam Brandon ............ Treasurer
Dorranee A . W illiams .... Secretary

W illiam Brandon
u orra n ce A . Williams

•Designates Chief E xecutive

Officer

STATEMENT AS OF JUNE 30, 187®
mu .

Thou.

MiblHtl#*

it) ..........................

241
948

Business prem., furniture
and fixtures ......................
A ll ot
...............

5
65

Investm ent Certificates ....
Total Certificates ........ ....
A ll other liabilities ........
T otal Liabilities .......... .....

Cash & due from banks ....

Equity Capital
Capital stock ....................
Surplus ..............................
Total Equity Capital ..

TOTAL




X 2f§ll

TOTA1u ..............................

SQL Thou.
1 055
1 055
«

I

123

218

Chartered. A p ril 13, 1841

GfS

A s*




Ilf

Telephone N um ber 534-3250