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' - •■

* ■

THIRTIETH

ANNUAL REPORT
OF THE

BANK COMMISSIONER




OF ARKANSAS

1944

THOMAS W . LEGGETT
State Bank Commissioner

i IfiR I I M I !

\ \ M

\l

K M 'O lM

OF THE

JtANK mMMISSl OXKK
OF THE

1

M V ! Ol* VKk VSSAvN

t HU 1HI > f \tt IN I UNO .M \ F X ! Ft i




THOMAS V . LEGGETT
Stale Bank C'ommissioner




STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT

LITTLE ROCK, ARKANSAS
.lone 30, 1944

To His Excellency, Homer M. Adkins,
Governor of Arkansas

implying with

(
the provisions of Section 704 of Pope’s
Digest, I have the honor to submit herewith the Thirtieth
Annual Report of the State Bank Commissioner of Arkan­
sas for the year beginning July 1, 1943, and ending June
1944, The report
the condition of the state banks
and trust companies, state building and loan associations,
industrial
credit unions, a combined statement of the
burial associations of Arkansas and a compiled list, together
with other factual

30,

covers

banks,

data,
Tin- total assets or state banks aggregate $242,132,901.26, representing an all time high in the history of the
Department. This being an increase of $37,640,320.31 over
June 30, 1943, or 18 per cent. This compares with an in­
crease of 44 per cent in total assets over the previous year.
The total loans carried by state banks are $42,121,016.07,
or an increase of $11,623,676.47 over June 30, 1943. The
substantial contribution state banks are making to the war
effort is evidenced by an over all investment in government
bonds of $97,906,064.13. constituting 40 per cent investment
in its asset position, which reflects an increase in govern­
ment bond holdings of $27,000,000.00 over June 30, 1943.
The state banks have cooperated to the fullest extent in the
successful war bond drives and are giving much time and
effort in the sale of war bonds and the handling of ration
banking. They have also invested substantially in our own
state of Arkansas bonds.
It has been the policy of this Department to urge upon
the institutions it supervises that they take advantage of
the present relatively good times to dispose of all unsuit­
able assets, absorb all known losses and prepare for the re­
sponsibilities and opportunities which lie ahead. The De­
partment has recommended to the banks that they strength­
en their capital structures so that they may be in better
position to meet the demands of the post war world. Often
in the past banking supervision has been too relaxed in good
times and too stringent in bad times. The time to raise out*
standards is when prices are rising, income is expanding
and dead assets are coming to life—in short, when the na­
tional economy is undergoing an inflationary trend. If that
is done, bankers can then afford to adopt more liberal lend­
ing policies and to give more positive assistance to recovery
in any subsequent time of stress. I am pleased to announce



that for the first time in the thirty-one years history of the
Department there are no banks in the process of liquidation.
This Department is endeavoring to serve constructively
and efficiently the state banks of Arkansas and its citizens.
I want to take this opportunity of extending my very kind
appreciation for your courtesy and cooperation. I also want
to extend my thanks and appreciation to the Slate Banking
Board and the Arkansas Bankers Association for their serv­
ices, counsel and cooperation.




Respectfully submitted,

LEGGETT,

THOMAS W.
State Bank Commissioner.

TABLE OF CONTENTS

Page
Department Roster ______________ ____________________ ________ _________ __7
Commissioners of State Bank Department_______________ ________ _____ ____8
Receipts and Disbursements__________________________________________ ____8
Comparative Abstract showing condition of State Banks and Trust Com­
panies as of June 30, 1944 and June 30, 1943, _ ______ ___ ____ _______ 9
Percentage of deposit meiva-o by counties from December 31, 1942 to
December 31, 1944,
,
______
____
_______________________,_10
Comparative Abstract, showing condition of State and National Banks
as of June 30, for the years 1944-1940______ _____________ ____________11
Comparative statement of condition of State Banks and Trust Companies
for die past Thirty -One Years_____ __________ ______ ______________ _12
( 'onsolidated report of Earning.-, and Dividends of State Banks and Trust
Companies for the Twelve months period ending December 31, 1943___ 13
Banking Facilities by Cmintn s including- State and National Banks,
Teller’s Windows and Cooperative Exchanges _____________ ____ __ 14-15
National Banks in Arkansas

_

__

.

Members of Federal Reserve System- _

.
____

_______________ _____ ,16

_________ _______________ _17

f 'ommercial Banks Non-Members of Federal Deposits Insurance Corporation. 17
Trust Companies not engaged m Commercial Banking and Non-Members
of Federal Deposit Insurance Corporation,
_______________ ____ _17
State Banks operating- Teller’- Windows .

.

____ ________________ 18

National Banks operating T< ller’s Windows. _
New Bank-- f'bartered

_

.

Amendments Altering Capita- Structure

..

.
_ .

_ _

Amendments changing number of Directors____
Amendments changing Corperate Title.

..

Amendne-ms altering Existence of <'hartei__ _
Banks establishing Teller’s Windows___

,

Banks Voluntarily Liquidated

__ ..

Liquidations Completed

.

_ ___
.

___ ______

______________ _____ 18
________________ _______18
. ------------------ _---------- 18
___________________ 19
. _____________________ ,19
_ _____________________ ,19
_______________ _______ l i
_________ ________ _—19
. . . _________________ _—19

Banks retiring Preferred Stock__________________________________________ 20
Individual statement of condition of all State Banks and Trust Companies
as of June 30, 1944




,

21-101

6

State of Arkansas: Bank Department

BUILDING AND LOAN AND SECURITIES DIVISION

Combined and individual statement o f condition o f Building and Loan
Associations as o f December 31, 1943_______________________________108-111
Combined and individual statement of condition o f Building and Loan
Associations in voluntary liquidation as o f December 31, 1943____112-115
Combined and individual statement o f condition o f Industrial Banks as o f
June 30, 1944______________________________________________________ 118-123
Combined and individual statement o fcondition o f Industrial Loan Institu­
tions operating under Act 111 of 1941 as o f June 30, 1944________ 124-127
Combined and individual statement o f condition o f Credit Unions as o f
December 31, 1943______________________________ -_________________ 128-134
Qualified Stock Exchanges as o f June 30, 1944____________________________ 135
Dealers authorized to sell qualified or exempt Securities as o f June 30, 1944-136
Issuing Companies authorized to sell Securities as o f June 30, 1944____137-189
Combined operating statement o f Burial Association for Twelve months
period ending June ‘UK 194 1

___ - . . __ ......... -

_____

140

Burial Associations authorized to sell membership certificates as o f
June 30, 1944______________________________________________________ 141-143
Combined and individual statement o f condition o f Cooperative Exchanges
as of June 30, 1944____________________ __________ ______________144-140




Thirtieth Annual Report

DEL.-* R

Thomas

Leggett
Carter.

W.
Tb<-•■ P Caiwi:
John L.
__

VM E SI AL ROSTER
- - -State Batik Commissioner

Assistant Bank Commissions
. - -Assistant Bank Commissioner
in charge Building and Loan
and Securities Division

BANK EXAMINERS
A. M, Haws

F.

G.

J. A. Welty

Albert Situs

ASSISTANT EXAMINERS
Rayburn

II.

E. Nelson

BIT LDING AND LOAN AND SECURITIES EXAMINER
M. W. Wortham
SECRETARY TO BANK COMMISSIONER
Grace M. Tierney

Martha

< LERKS AND STENOGRAPHERS
Jean Cart«T

V ivian Martin

Nora S. Powers
Ruth Tunnell

STATE BANKING BOARD
B. A Lynch, Chairman
_
Howard East. _
. .
Louis E. Hurley .
. .
Ragon
_
Z T Wood .
._
.

A. N.




____________ Blytheville
___ _________ Camden
____________ El Dorado
____________ Clarksville
____ ______Little Rock

8

State of Arkansas: Bank Department

COMMISSIONERS OF STATE BANK DEPARTM ENT
STATE OF ARK AN SA S
Name
Date o f appointment
Date service ended
1 John M. Davis___________ March 8, 1913____________ -.October 3. 1918
2 A. J. Reap______________ ..October 3, 1918___________ .March 22, 1919

No.
3
4
5

W. T. Maxwell__________ ___March 22, 1919____________ September 1, 1921
Charles McKee____________ September 1, 1921__________July 28, 1925
Loid Rainwater___________ July 28, 1925______________ February 8, 1927
8 W alter E. Taylor__________February 8, 1927___________ January 10, 1933
? Marion Wasson___________ January 10, 1933___________ January 12, 1937
8 Grover S. Jernigan________ January 12, 19.37______ .-.January 14, 1941
9 Thomas W. Leggett______ ..January 14, 1941__________
RECEIPTS AND DISBURSEMENTS
The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1943, to June 30, 1944:
RECEIPTS
Cash balance with State Treasurei July 1. 1943____________________ #21,273.17
Examination and Assessment fees Bank Department___$54,222.36
Charter and Amendment fees Bank Department______ . _
420.00
Miscellaneous fees Bank D epartm en t___________________
264.60
Examination and Assessment fees Building and Loan
Division _ __________________________________________ 1,352.27
Miscellaneous fees Securities Division .
___ _______
9.065.84
TOTAL RECEIPTS _________________________________________________$65,325.0-7
$86,598.24
DISBURSEMENTS
Salary of Bank Commissioner___________________________ $
Salary of Assistant Bank Commissioner________________
Salary of Assistant Commissioner Securities Division__
Salaries o f Bank Examiners— ------------ — — _— --------Salaries o f Assistant Bank Examiners__________________
Salaries o f Office Force ________________________________
Travel E x p e n s e _________________________________________
Maintenance ____________________________________________
Audit Expense to State Comptroller --------------------------

5,000.00
4,200.00
3,600.00
9,000.00
8,300.00
7,460.00
5,710.04
3,916.42

1,000.00

TOTAL DISBURSEMENTS ________________________________________$48,186.46
Cash balance with State Treasurer June 30, 1944-------------------------- 38,411.78




$86,598.24

( '.OMPAKATI \ E ABSTRACT SHOWING THK «. UNDITto
ARKANSAS AS OF JUNK .At,
June do, 1944

101

Number o f Banks Report big*

RESOURCES
Loans and discount

ol* STATE BANKS A M ) TRUST < OMPANIES OF
•11 AND JUNE 30. 194
June .30, 1943
161

Decrease

Increase

s 11.023.070, 17

S

S 30,197 339.011

Other bonds and securities
. _ _
Banking house, furniture and fixtures
Other real estate
Other resources_ _
Cash and due from hunk'_

* Li, Ri 1.010.til
33,519.03
97,900.004,13
1:5,202,005.88
U 35.084.04
82,377.09
195,809.80
s' 7.150,120.90

TOTAL RESOURCES

9212.132,90] .20

8204 1*42,58*1495

s si .0 iu.320 3 t .net) S -........................

8150,097,385.73

$ 24.058,094.85

10.219,541.70

81,32,03841*40.88
20,443,928.40
7,434,200.84
19,114,178.40
11,122,517.17

S220.8e32.809.30

8190,153,515.75

s

8

S

83,746.14
350,825.12

s

7,003,500.00

s

Overdrafts
U, S. Government obligation,-,

.30,170412
71.252.747,97
12.480,970.19
1.105.800.17
125,079.07
508,880,57
<8,124,009.30

2 ,9 5 6 .9 9

20,05.3.310.10

- ...... .............

721,029.09

LIABILITIES
Demand deposits

-

Savings and time depostis
U. S. Govern men! deposits

22,390,777.77

Public funds- .

_

10,739,297.21
20,785,800.89

_ „

Ik'posit s of Bank;TOTAL DEPOSITS
Borrowed money- ..

.

__

Other liabilities.
CAPITAL ACCOUNT*Capital stock
Surplus
Undivided profits
Reserves- .

TOTAL CAPITA!

A c o l NTS

TOTAL LIABILITIES




. _ -

81,746.14

141,500.85

$

1.91*;,849.37

9.,305,090.,37
1,071,028.43

902,975.47
36,079,293.55 (net)

120.000.00

8

8 15,070,784.97

8 13.904,493.94

s

<242.132,901.20

8*201.492.580.95

" .‘ ',7.040,3.20.31 (net)

573,100.00
102 212.8,3
10.978.20

811,109.30

2,000.00
209,264.27

s

S 7,123,500.00
1,330,350.00
2.758.847.41
S58.087.50

3,70.3,250.00
2,290,034..58

s

1,172.291413

s

£

ft

—

Thirtieth Annual Report

30 ,7 8 1 .5 3
4 3 ,3 0 1 .3 8
13,078.71
1,2 88,1 85 ,4 0

10

State of Arkansas; Bank Department

PERCENTAGE OF DEPOSIT INCREASE BY COUNTIES, BOTH STATE
AND NATION AL BANKS, FROM DECEMBER 81. 1942
TO DECEMBER ;}1. 1040

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.

County
Per Cent
Newton _ _________
82
Searcy____________________ 65
Ston e_____________________ 58
Iz a rd ______ .__________
52
Baxter _ ____________
50
Grant _ __________________ 50
P ik e ______________________ 50
Lincoln _ _________________ 46
Scott _____________________
45
P o lk ___ ,__________________
43
Boone _ __________________ 41
Calhoun _ ________________ 40
Garland _ __ .______________ 40
P rairie____________________ 40
Chicot _ __________________ 39
Cleburne - ________________ 39
Benton _ _________________ 38
Cleveland _ _______________ 38
Columbia _________________ , 38
Montgomery _ ____________ 38
Pope _ ___________________ 38
Saline _ __________________ 38
Lafayette _ _______________ 37
F ulton____________________ 35
Little R iv e r___________
35
White _ __________________ 34
Arkansas _______
32
H oward___________________ 32
Phillips
. ________________ 31
Conway . _________________ 30
Hempstead ________________
30
Ouachita
______________ 30
Poinsett . _________________ 30
Washington _______________ 30
C lark _____________________ 28
Clay _
28
Craighead_________________ 28
Bradley . _________________ 27




Per Cent
County
39. Drew
___________
27
40. Faulkner ______ _________ 27
41. Franklin
______
__
27
42. Sharp
___
_ __
27
43. Desha _
26
_ _
26
44. Randolph _
25
45. Hot Spring _______ _ __
_ 25
46. Johnson _ _____
47. Woodruff _ _______________ 25
48. Crawford _ _ ____ _ _ _ 23
21
49. Lawrence _
________ _ _
20
50. Ashley
...
__ 20
..
51. Cross
_
_
20
52. Independence
_______________ 20
53. Logan
_____________ 18
54. Mississippi
______________ 18
55. St. Francis
__________ ___
18
56. Union
__ ____
16
57. Nevada
16
58 Yell
________
15
59. Carroll _
________ 14
60. Greene
_ 14
61. Sebastian _
13
62. Crittenden
_____ 18
63
13
64
__ __ 12
65. Jefferson _
_ 10
66. Lonoke _ __ 10
67. Madison _
___ 10
68. Pulaski . _
.
6
C9. Jackson __
6
70. Monroe _ .Figures not complete
71. Lee _
Figures not complete
72. Sevier
No banks
73. M arion___
..No banks
74. Perry ____
_ No banks
75. Van Buren

( OMJ' ARATI VK A BSTKA< T

Xutnbet <>f Banks

d io w ix * . * OXDITIOX OF
AS OF JUNE 30. FOR
did
Hill

STATE •\NI> XAIUtXAi
YEARS 104 1-10 to
212
216
104:;
1912

L, S. Oovenmjent obligation -

Of her bonds and securities
_ _
Cash and due from hanks
Banking house, furniture and fixtures
Other real estate owned__
Other resources_ _
TOTAL RESOURCES
LIABILITIES

Capital- .

__

Surplus_______

__

____

Undivided profits and reserves
Deposits.
Other liabilities.

_...........

TOTAL 1,1 Mill t r i e s




„

216
1041

219
1940

s l.57o.Oon
J.-IP.OKO.POO
33.355.OOP
1S0.4<>] ,000
3.043,000
237.000
807,000

S 00,00 1,0(10
! SO, 123,001.
3 1.150,01(0
185,1 70,000
24(38,000
305,000
708,000

8 66,298,000
65,395.u0n
55,-102,000
150,773,000
3,066.000
536,000
727,000

v 1 1.276.000
',0,124.000
56,661.000
112,616,000
55,144.000
751,000
698,000

8 67.*534.000
23,053,000
-51.972,000
90.470,000
3.230 OOP
1,094,000
594,000

8541,022,000

$466,848,000

8331,287,000

8255.270,000

8217,947.000

$ 1,1.007,00(1
10,520,000
7.072.000
508.752 000
705,000

s 13,387.000
0,511,000
6,924,000
436,115.000
91 1.000

s* 13,12,0,000
8,702.000
(5,1-15,000
302.150,000
860,000

8 13,363 000
7,752.000
(5,171.000
227.181,000
803,000

8 13.618,000
7,022,000
5,636,000
! 90,909,00‘t
762,000

$541,622,000

$466,848,000

8331.287,000

$255.270.000

8217,947,000

Thirtieth Annual Report

RESOURCES

Loans anti discounts

B\X KS OF \KKA\SAS

COM PARATIVE STATEM ENT OP CONDITION OP STATE BAN K S A N D TRU ST COM PANIES
FOR PAST THIRTY-ONE Y E A R S
U. S. Gov’t
Capital
Borrowed
Loans and
Number

Date
June 30, 101-1- __ ~
June 2 3 , 1 91 5_-----June 30,1916_____

June 30, 1922
June 80, 1923_
June 30,1924

Juno 30, 1925..........
June 3 0,1926_ — _
j une 80, 1927
June 30, 1928.
June
June
June
June
June
June
June
June
June

404

406
■102
403
397
396
394
li l6
358

29,1929-

347

80, 198U---80, 1981
.... .
3 0 , 1932__

329
265
223
202
189

30,1933

30. 1984. ......
29, 1985 ..
30, 1936

-

-

80,1987----J une 80, 1938 . _----- June 80. 1989______
June 29, 1940____
June 30. 1941..
_
June 30, 1942- —
June 30, 1943---- _
June 30, 1944-..
_

180

178
176
171
167
169
166

166
161
161




106,276,400

128,580,700
123,365,300
136,552,900
142,107,300
134,788,700
135,849,800
137,636,800
131,936,800
92,097,800
62,043,400
47,335,000
41,756,400
50,646,500
59,441,000
66,036,600
66,771,000
73,397,300
79,079,100
94,733,000
128,975,900
190,153,500
226,832,800

Discounts
8 49.163,800
43,583,600
45,877,800
56,871,400
78,279,700
93,519,700
133,256,200
113,064,400
101,031,600
109,443,400
114,950,900
117,669,200
123,464,400
112,051,800
109,167,900
109,438,700
111,542,200
67,063,800
46,374,800
29,925,600
23,434,300
25,039,400
22,088,500
24,965,600
29,138,400
36,443,100
32,496,900
33,420,100
30,666,600
30,497,300
42,121,000

Money
$ 5,101,100
3,778,300
2,088,200
3,023,300
7,823,100
14,338,600
29,775,800
27,416,000
14,857,200
9,639,800
14,237,400
13,403,100
13,078,300
8,011,600
7,120,500
8,333,200
12,018,900
3,356,600
7,676,700
6,798,200
3,515,800
320,500
148,300
233,500
88,100
206,100
72,300
75,100
56,700
83,700
81,700

Cash
s 15,081,400
12,183,300
17,153,300
26,167,800
23,321,400
30,106,900
30,754,800
25,680,400
27,074,700
34,083,000
28,651,300
34,129,800

$

7,832,500
12,295,800
9,830,300
6,658,000
3,558,000
6,626,900
3,604,000

Structure
$ 19,409,200
19,183,300
18,721,700
19,724,300
20,898,400
21,441,000
24,582,100
25,474,800
25,270,900
25,842,200
25,770,300

Bonds
1,000
7,000
2,000
1,029,600

4,720-,100

25,186,900

35,902,800

4,401,600

35,390,100
33,484,400
32,607,700
30,886,200
26,347,000
20,014,800
19,530,100
18,594,700
20,827,300
29,198,000
28,661,800
26,501,600

4,426,700
6,048,500

25,374,100
24,424,800
23,434,400
23,593,100

27,761,400'

34,852,000
46,087,100
75,993,000
88,424,600

87,156,400

8,403,100
4,892,500
4,101,500

6,061,500
6,946,200
7,155,500
9,206,600
11,254,400
12,197,200
10,842,300
9,198,600
10,664,100

12,705,800
21,423,800
71,252,800
97,906,100

2.3,169,300.

17,551,500
14,937,100
12,398,500
12,047,800
11,693,400
11,769,900
12,059,300
12,084,800
12,280,700
12,567,100
12,805,500
13,316,600
13,904,500
15,076,800

Total
Resources

8 69.636.900
62,625,500
70.989.100
94.005,800
118,318,000
145.181,000
184,146,700
157,210,300
1-15.697,700
162,928,400
161,946,800
171.348.400
179.174,100
167.369,800
167,013,100
170,668,000
168.358,500
114,721.200
85,708,100
67,506,400
57.423.900
02.770,700
71.508,200
78.432,900
79.016.200
85,961,400
92,002,700
107,936,900
142,710,700
204,492,600
242,132,900

of Arkansas: Bank Department

1917.......- 1918 __ .
1919
---1920_ _
1921- . _

Deposits
$ 44,904,200
39,523,900
50,107,100
72,480,300
90,194,100
109,447,800
129,669,700
104,393,600

State

June 20,
June 29,
June 80,
June 80,
j une 30.

Banks
417
397
387
389
389
386

Thirtieth Annual Report

13

CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR THE TWELVE
MONTHS ENDING DECEMBER 31, 1943
EARNINGS:
Interest and discount on loans _____________$ 1,733,641.37
Interest and dividends on securities________ 1,190,773.67
Service charges, exchange charges,
commissions, etc. ___
1,437,731.77
Other operating earnings _________________
293,521.62
Total earnings from current operationsEXPENSES.
Salaries wage> and um*< iov<' ties
Interest paid
- .
Taxe> other than on income .
Taxes on inconu .
( hhei current <-xpen"< >
__

_ - ... >' 1,648,937.29
. - . . _.
232,496.66
__
194,687.92
____
208,517.41
_ . ..
1,070,013.29

I <<tal cumuit »-\pon •<-- __ __
Nei operating eai tune-

-

$ 4,655,668.43

___

___

$ 3,354,652.57

-

* 1,3(1] .015.86

RECOVERIES AND PROFITS:
Recoveries and profits on securities sold____$
____ ____ ___
Recoveries <m luma _
.
Otho> Re(overh . . ...
............

77,602.60
198,239.47
153,585.08

Total __________________________________

LOSSES CHARGED OFF:
On loans ___ _____________________________ $
On securities _____________________________
All others _______________________ - _______

f

$ 1,730,443.01

86,132.50
110,846.89
107,738.50

$

389,246.50
40,656.84

Net profits after dividends____________
OTHER INCREASES IN CAPITAL ACCOUNTS:
New common stock s o ld ________________ 45,600.00
Refund and contributions _________________
2,550.00

$

429,903.34

$

995,821.78

$

48,150.00
1,043,971.78

Total
OTHER DECREASES IN CAPITAL ACCOUNTS:
Preferred stock retired ________________ ___72,800.00
Payment on subordinated claims __________
3,432.00
Net addition to capital accounts for 1943
Total capital accounts December 31, 1942___ ____$13,503,149.25
Less adjustment accounts of reserves and
banks retiring from business during 1943-_
157,211.91
Total capital accounts Decem ber 31, 1943




304,717.89
1,425,725.12

Net profits before dividends
DIVIDENDS:
Cash dividends on common stock___________$
On preferred stock ______________________

429,427.15

$

76,232.00

$

967,739.78

$13,345,937.34
$14,313,677,12

14

State of Arkansas: Bank Department
BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
N A TIO N AL BANKS, TELLER'S W INDOW S AND
COOPERATIVE EXCHANGES

County
Arkansas^
AshleyBaxter_
Benton
Boone
Bradley.
Calhoun
Carroll
Chicot _
Clark _
Clay.
Cleburne

Population
24,437
.
- .

.

36,148

_ _ .
^ _
.. -

Cleveland
Columbia
Conway
- -Craighead
__
Crawford _
Crittenden
.
Cross
Dallas
Desha_
Drew _
.
Faulkner
.
Franklin____ __
Fulton. _
.
Garland
G ra n t™ _
_
Greene
Hempstead
.
Hot Spring
.
Howard___
Independence _..
Izard.
Jackson _
Jefferson
Johnson
Lafayette
Lawrence
_
.
Lee_
Lincoln—
Little River
.
Logan
Lonoke
Madison.
Marion _
Miller
.
Mississippi
Monroe—
—
Montgomery —
N evada.-------— __
Newton..------.-----Ouachita------ --- _
Perry-----.
P h illip s _
Pike— ------—



26,785
10,281

-

.
_
.
_
.
.
.

.

_

-

-

.
_

15,860
18,097
9,636
14,737
27,452
24,402
28,386
13,134
12,570
29,822
21,536
47,200
23,920
42,473
26,046

14,471
27,160
19,831
25,880
15,683
10,253
41,664
10,477
30,204
32,770
18,916
16,621
25,643
12,834
26,427
65,101
18,795
16,851
22,651
26,810
19,709
15,932
25,967
29,802
14,531
9,464
31,874
80,217

21,133
8,876
19.869
10.881
31,151
8,392
45,970
11,786

State
Banks

National

Banks

Teller’s
Windows

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

2

1

2

1

Coopera­
tive Ex­
changes

1

2
2
1

1
1

1

1
1
1
1

1
1

2
2
1
1
1
1
1
1
1
3
2
1
3
1
1
1
2
6
2

1
2
2

1

1

1

1
1
2
2
1
1
1
1

1

1
1

1

1

1
1
1

4
3
1
1

1

1

3

1

1

2

1

2

2

1
3

1

15

Thirtieth Annual Report

CooperaPopulation

Count.v
Poinsett.............
Polk- . _
Pope__
Prairie- ..
Pulaski-- Randolph-St, F ran cis--, _
Saline__

Scott___ S e a r c y ---

-

5 7.07"
15,832

25,882
15,3(11
158,085

18,3 IP
30,1)42
10,10,2,
13,30"
11,042

Sebastian ,
Sevier-Sharp.
Stone__

02.800

Cnion__ _ Van Btireii
Washington

50,401
12,518
41,11 l
3,7, J7"
22,135

15,248
11.407

X,011.2

W h ite--W ood ru ff,

- ,

Y e l l . ____

-




State
Banks

5
1
5
1
3

2
2
1
1
1
4
2
4
1
4

National
Banks

Teller's
Windows

tive Exchanges

1
1
1

1

3

2
1
3
1

1
1

2
1
2

2<>,07<i

5
7
2
4

! ,04!*,38”

161

51

1
1
1

1

18

14

16

State of Arkansas: Bank Department
NATIONAL BANKS IN ARKANSAS
Name

County

Location

—Arkadelphia
. Ashdown
—Berry ville
. .Blytheville
_-Camden
. .Clarksville
Conway_ _
_.DeQueen
—DeWitt

.
_
_ ..
.
.

. .El Dorado
. .El Dorado
. .Fayetteville

. Fordyce _
...Forrest City
. .Fort Smith
...Fort Smith
Fort Smith

First National Bank___
Planters National Bank.
First National Bank.

American National Bank.
Peoples National Bank.

First National Bank.




. Gravette
. .Green Forest
. .Gordon
. Heber Springs
_Helena
. Helena-Hope
—Hope
. Hot Springs .
. Hughes
. .Huntsville
...Lewisville _
_Little Rock
Little Rock
.Little Rock
. Magnolia
...Malvern
. .
. Marianna
_ .Mena
. .Nashville .
. .Newark
. .Newport
. .Paragould .
. Paragould
. Paris
. Pine Bluff
Pine Bluff . . Rogers
. Springdale. . .Stuttgart _
. Texarkana
.Tuckerman
_ .Walnut Ridge
_ .Wynne _

.

.
.
.
._
.
.
.

.Clark
Little River
.Carroll
-Mississippi
.Ouachita
Johnson
.Faulkner
-Sevier
Arkansas
Union
Union
Washington
Dallas
St. Francis
Sebastian
Sebastian
Sebastian
-Benton
Carroll
Clark
Cleburne
Phillips

Phillips
Hempstead
Hempstead
Garland
St. Francis
Madison
.Lafayette
Pulaski
Pulaski
Pulaski
Columbia
Hot Spring
Lee

....P o lk

Howard
-Independence
Jackson
Greene
.Greene

.

Logan
Jefferson
Jefferson
Benton
Washington
Arkansas

Miller
Jackson
Lawrence
.Cross

17

Thirtieth Annual Report

MEMBERS OF FEDERAL RESERVE SYSTEM

Date of Admission

Name of Bank and Location

April 21, 1941______Elk Horn Bank & Trust Company_____
Arkadelphia
October 3, 1919-------The Citizens Bank & Trust Company--.
Batesville
August 23, 1918___ Farmers Bank & Trust Com pany____
Blytheville
May 10, 1944_____ .Bank of Brinkley ____________________
Brinkley
April 28, 1941____ .The Merchants & Planters Bank______
Camden
September 11, 1942_The Exchange Bank & Trust Company.
El Dorado
January 7, 1944----- Mellroy Bank _______________________
Fayetteville
September 22, 1933_Fordyee Bank & Trust Company______
Fordyce
September 25, 1942_Arkansas Trust Company ___________
Hot Springs
March 20, 1919____ W. B. Worthen Company, Bankers____
Little Rock
July 21, 1920______ The Bank of Russellville ____________
Russellville
August 23, 1923_..--Peoples Exchange Bank _____________
Russellville
June 9, 1942_______Grant County B a n k _________________
Sheridan
April 11,1944__ ___-Smackover State B a n k ______________
Smackover
May 20, 1921___ ___ Bank of Waldron ___________________
Waldron

Capital and
Surplus
130.000. 00
72.000.

00

300.000. 00
83.000.

00

150.000. 00
140.000. 00

200. 000. 00
100,000.00

340.000. 00
1,145,000.00
120. 000. 00

117,000.00
50.000.

00

50.000.

00

75.000.

00

COMMERCIAL BANKS- NON MEMBERS FEDERAL DEPOSIT
: \sE R \N1' F CORPORATK >X
Name

Location
Farmers & Merchants Bank__________
________ Des Arc
Portland Bank - - ___ __ ____________
___ ____Portland
Farmers & Merchants Bank_________________________ Reyno

Bank of Sidney . __

Sidney

ERUST COMPANIES NOT ENCAGED IN COMMERCIAL BANKING AND
NON MEMBERS f EDKRA : DEPOSIT INSURANCE CORPORATION
Name
Location
Arkansas Valley Trust Company_______________ Fort Smith
Guaranty Loan & Trust Company___________________ Helena
Metropolitan Trust Company------------ ---------------- Little Rock




18

State of Arkansas: Bank Department

STATE BANKS OPERATING TELLER’S WINDOWS
Location of
Teller’s
Name of Bank
Location
Window
County
Citizens State Bank---------------------Bald Knob_____ Bradford______ White
Benton State Bank__— ,-------------- Benton_________Bauxite_______ Saline
DeWitt Bank & Trust Company___BeWitt_ ______ Gillett_________Arkansas
Planters Bank & Trust Company— Forrest City___Cotton Plant
Woodruff
Planters Bank & Trust Company— . Forrest City___ DeValls. Bluff--.Prairie
Farmers B a n k --------------------------- Greenwood_____ Hartford______ Sebastian
The Cleburne County Bank_____ _Heber Springs--Clinton,________ Van Buren
McGehee B an k __________________ McGehee_______Arkansas City_.Desha
Monette State Bank___ ___ ___ ___Monette_______ Caraway______ .Craighead
Mississippi County Bank_________Osceola________ Luxora________ Mississippi
The Security Bank & Trust Co-----Paragould_____ Marmaduke____Greene
First State Bank________________ Plainview______ Ola____________Yell
First State Bank________________ Plainview,______ Perryville_____ Perry
Bank of Prescott________________ Prescott_______ Emmet________ Nevada
Bratt-Wasson Bank _____________ Siloam Springs-Gentry________ Benton
Bank of Tuckerman______________ Tuekerman_____Swifton_______ Jackson
Merchants & Planters Bank_____ Warren________ Hermitage_____Bradley
NATIONAL BANKS OPERATING TELLER'S- WINDOWS
State National Bank-------------------- Texarkana_____Foreman_______ Little River
NEW BANKS CHARTERED
July 1, 1943 to June 30, 1944

Name, Location and Date
Capital
The Planters Bank, Osceola, Mississippi County
April 13, 1944 ___________________________ 175,000

Surplus

Charter
Number

$25,000

684

AMENDMENTS ALTERING CAPITAL STRUCTURE

July 1, 1943 to June 30, 1944
Bank of Atkins, Atkins, decreased capital stock from $50,000 to $30,000
by retiring all of its class “ A ” Preferred stock owned by the Reconstruction
Finance Corporation amounting to $24,500; by retiring $1,250 of class “ B”
Preferred stock owned locally and converted the remainder o f; this class of stock
amounting to $11,250 to common stock and the declaration of a $5,750 common
stock dividend, leaving the capital at $30,000, all of which is common stock.
Mellroy Bank & Trust Company, Fayetteville, increased capital stock
from $50,000 to $100,000 by the declaration of a one hundred per cent stock
dividend.
Planters Bank & Trust Company, Forrest City, increased capital stock
from $70,000 to $100,000 by the declaration of a $30,000 stock dividend.
The Security Bank, Harrison, increased capital stock from $60,000 to
$75,000 by the declaration of a twenty-five per ceht stock dividend.
HoLatio State' Bank, Horatio, increased" capital’ "stock from $15,000 to
$20,000 by the declaration of a thirty-three and one-third per cent stock
dividend.
Rice Growers Bank, Wheatley, increased capital stock from $20,000 to
$25,000 by the declaration of a twenty-five per cent stock dividend.




19

Thirtieth Annual Report
AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1, 1943 to June 30, 1944
Name
Location
Planters Bank & Trust <Ampai iv ______ Forrest Ultv_
The Security Bank ___
____ , -Harrison
Bank o f MeCrory __
, . _. ______
McCrorv , ___
Elk Horn Bank & Trust <'onipany___ Arkadelphia . ,
Bank o f Weiner . .
_ ,_ , _ _
- Weiner
Bank of Lincoln
__ __ Lincoln

From
8 to 14

3 to 9
5
5 to 9
7
r>

8
5
3
5
3

To
to 20
to 15
to 5
to 10
to 7
7

A MEN DAI EXT « HANGING CORPORATE TITLE
July I. 1943 to .June 30, 1944

Mellroy Bank & Trust Company, Fayetteville, to Mellroy Bank, Fayetteville.
AMENDMENT ALTERING EXISTENCE OF CHARTER
Jul> 1 1943 to June 3(t, LP44
MtThoy Bank, Fayetteville, original Artidt > of Incorporation limited its
existence to 99 years from the year 1892. A rlides amended to provide for
perpetual existence
BANKS ESTABLISHING TELLER’S WINDOWS
July 1, 1943 to June 30, 1944
Location of
Name
Location
Teller's Window
Bank o f Tuckerm an...............................Tuekerman__ _________ Swifton
Benton State Bank________ ______ ____Benton________________ Bauxite
BANKS VOLUNTARILY LIQUIDATED
July 1, 1943 to June 30, 1944
Name
Bank of HavanaBank o f Searcy

Location
Date
______ ,________H avana-___ __________October 11, 1943
___ ____ ________ Searcy______ ________ November 5, 1943
LIQUIDATIONS COMPLETED
July 1, 1943 to June 30, 1944

Date of Order Dis­
charging Bank
Name
Location
Commissioner
Peoples Trust C om pany._____________ Little Rock__________ June 21, 1944
Union Trust Company______________ Little Rock__________ January 6, 1944
Bank of Marion___ ______________ ___-M arion_______________ June 2, 1944
Twin City Bank_____________________North Little Rock_____ .June 22, 1944




BANKS IN LIQUIDATION
June 30, 1944
NONE

State of Arkansas: Bank Department

20

BANKS WHICH HAVE RETIRED PREFERRED STOCK
July 1, 1943 to June 30, 1944
Amount
Name
Location
Retired
Merchants & Planters Bank & Trust Co-----Arkadelphia
.$15,000.00
Bank of Atkins___________________________ A tk in s _____
. 37,000.00
. 6,500.00
Bank of Blevins__________________________B lev in s____
. 3,000.00
Citizens B a n k __________________________ Booneville
Bank of Dover___________________________D ov er______
. 1,750.00
Bank of Elkins__________________________ E lk in s-------. 3,000.00
Bank of Glenwood_______________________ Glenwood _ .
. 7,500.00
Bank of Havana_________________________ H avana____
13,800.00
Bank of Kensett_________________________ Kensett ________________ 1,000.00
Citizens Bank of Lavaca_________________ Lavaca ________________
3,000.00
McGehee Bank __________________________ McGehee _______________ 9,500.00
The Union Bank of Mena________________ M en a __________________ 10,000.00
The Twin City Bank____________________ _ North Little R ock ______ 42,000.00
Bank of Pea Ridge________________________Pea Ridge ____________
1,000.00
Peoples Exchange Bank__________________ Russellville_____________ 9,000.00




Thirtieth Annual Report

21

THIRTIETH ANNUAL REPORT
of

STATEMENTS OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OF JUNE 30, 1944
Cities and Towns Alphabetically Arranged by Postoffices
Population ~ito\YH is that m v> n by Ihe l*!th eoti-ii- of tin United States 1940

COMMERCIAL BANK AT ALMA, ALMA
Population, 774,

Crawford County

<'bartered .January 41, 1910,

Transit Number 81-272

Officers
Directors
W. E, Byars- __
._.
.President J. Fred Alexander
W. E. Byars
J. Fred Alexander, . Vice President Reves L. Bolling
W. II, Cole
Reves L. Bolling. .
Cashier E Bradley
T. H. Kibler
Margaret Adams.. . . Asst «'ashier
C, R. Starbird
STATEMENT OF JUNE 3n 1944
Resources
Loan? and discount.-.. .
$ 98,725.19
17 S. Gov't obligations. .
231,715 63
Other bond? and securities
45,000,00
Furniture and fixtures
284,42
Banking house
—
—
500,00
Other real estate... -----1.00
Cash and due from banks
4,'>,454.14

Total .......... ............ ........$772,680.38




Liabilities
Capital stock __ _—
.
25,000,00
Surplus fund ____ _ . _ . 12,500,00
Undivided profits .
_
11,781-36
Reserves
. . . . . _.............
164.82
Demand deposits
.
<580,760.32
Time deposits . . . . .
. .
6,459.88
, S, Gov’t deposits
806.25
Public funds
___
35,207.97
Tolal deposits. 8723,234,40
Total ... _______________$772,880.38

22

State of Arkansas: Bank Department

BANK OP AM ITY, AM ITY
Population, 608.

Clark County

Chartered November 30, 1905.

Transit Number 81-287

Officers
G. W. Tolleson------- -----------President
W. H. Olds-----------------Vice President
T. L. Matthews______ Vice President
Cleda O l d s __________________ Cashier
Myrtle Geiger_________ Asst. Cashier

Directors
J.,F. Brown
Lyn Maxey

Cleda Olds
W. H. Olds
G. W. Tolleson

STATEM ENT OF JUNE 30, 1944

Resources

Liabilities

Loans and discounts. _____ $ 72.996.72
Overdrafts _ ___________ .
121.28
U. S. Gov’t obligations____ 354,018.20
Other bonds and securities 180.024.39
Furniture and fixtures____
750.00
Banking h o u s e __________
750.00
Cash and due from banks _ 827.423.18
54.25
Other resources _________

Capital s t o c k _____________$ 35,000.00
Surplus f u n d _____________ 20,000.00
Undivided p r o f i t s ________
7,766.28

Reserves ________________
280.00
Demand deposits ________ 648,404.37
Time d eposits___________ 153,422.02
U. S. Gov’t deposits______ 46,206.49
Public funds ____________ 25,058.86
Total deposits .$873,091.74

T o t a l_______________ __$936,138,02

Total

$936,138.02

ELK HORN BANK AND TRUST COMPANY, ARKADELPHIA
Population 5,078.

Clark County

Chartered September 28, 1903.
Officers
W. E. Barkman____________ President
J. H. Lookadoo_______ Vice President
A. J. Vestal------------- _Vice President
A. P. Greene_________Vice President
A. C. Stone________________ Cashier
C. C. Lookadoo_______ Asst. Cashier
Miss Lilian Hearin___ Asst. Cashier

Transit Number 81-133

Directors
W. E. Barkman A. C. Stone
A. P. Greene
John P. Sturgis
Clarence Hardin A. J. Vestal
J. H. Lookadoo J. Walter Williams
E. E. Meador
J. B. Wingfield

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts____$ 288,395.95
Loans on commodities__
7,800.00
O verdrafts_____________
271.58
U. S. Gov’t obligations_ 480,500.00
Other bonds and securities 120,831.82
Furniture and fixtures__
3,000.00
Banking h o u se _________
6,000.00
Cash and due from banks 995,068.34
Other resources________
3.00

Liabilities
Capital s t o c k ____ ______$ 100,000.00
Surplus f u n d _______
30,000.00
Undivided p r o f it s _____
28,619.05
Demand d e p o s its _______ 1,126,439.60
Time deposits__________
502,616.49
Public fu n d s ___________
114,195.55
Total dep, __$1,743,251.64

T o ta l________________ $1,901,870.69



Total ___________ ____ .$1,901,870.69

Thirtieth Annual Report

23

MERCHANTS AND PLANTERS BANK AND TRUST
COM>* \NA ARK ADELPHI A
Popuiat ion, 5,078,
Chartered Juno 15, 1911.
Officers
H T. Ki*S'
.
1'resident
H, G. E lm s,.,
,
Vice President
FL A, Daugherty , Y, Pres, and Cashier
Jett Black.
- .
- Asst. Cashier
Lottie Watson „ . . ..C s t Cashier
Catherine <And ray
-Asst Cashier
Martha Moores . _ Asst. Secretary

Clark County
Transit Number 81-460

Director'J. H. Crawford Janies C. Hobgooc
H A. Daugherty E. N, McElhannon
H. G. Kims
\). VV McMiHae
Rov F. Golden
H. T. Ross
Ralph W illianie

STATEMENT OF JUNE JO, 1944
Liabilities
t 'apital stock* ----- -- — $ 100,000.00

Resources
Loans aim discounts- . _S .'GK359J3
Loans ot, i-onmmdities
28.500.00
Overdrafts . _ - .
4,438.87
IL S. Gov't obligations
268,914.50
Other bonds and securities
110,603.57
furniture and fixtures.
4.730.00
Banking h o u s e ----12,500.00
Other real estate
.
3.332.00
Cash and due from banks
220,481.71
Other resource's
_
3,00
Total

.

.

81,029,853.78

* tir st jin fe r m i -s>ek wish i*a--

■?'!(>liOO.iPi •)pi! ciirnninT

Surplus fund . . . . . . . ..
.......
Reserves
_____ . . .
_
Demand deposits .
Time deposits _ . . . .. .
U. S. Gov’t deposits .
Public fu n d s _______ .
Total dep. _S 863,339.1-1
—• ------

Undivided profits

wse

T o t a l ______

.

20,000.00
930.45
45,584.19
584,485.49
102,210.57

58,971.68
117.671.40

...81,029,853,78

,,f sis,dim no ; Seemni preferr<-<i S u p

• \jiluc <*■> Sf'.S.imii up

utii. par valiu ef

HANK OF ASH FLAT, ASH FLAT
Popuht mil, 315.

Sharp <"minty

<"hartered February 20. 1912.
Officers
Odus Carpenter.. _
President
J. M. CausHe .
Vice President
Willene Brawh-v .
Cashier

Transit Number 81-199
Directors
Horace Martin

Willem* Brawley
Odus Carpenter
J. M, Cnusbie

V. MeJunkins

ST AT EM ENT OF JUNE 30. 1944
Resources
Loans and discounts
_.S 49,973.43
Loans ns comm odities. . .
*4,100.00
U. S. Gov't obligations.. . 29,000.00
Other bonds and securities
2.192.78
Furniture and fixtures- .
1.00
Banking house .
...
1,500.00
Lash and due from banks. 187.873.62

Total




..._.$314,640.83

Liabilities

Capital stock ________

S 10,000.00
Surplus fund
__
,
6,000,00
Undivided profits _
. .
7,220.83
Reserves
__ _
_
411.41
Demand deposits
. 268,164.96
Time deposits
.
4,303.44
U< S. Gov’t deposits__
8,662,50
Public funds
____ . . .
9,877.69
Total dep. . . §291,008.5*9
Total ... _____________ -..$314,640,83

State of Arkansas: Bank Department

24

BANK OF ATKINS, ATKINS
Population, 1,322,

Pope County

Chartered September 19, 1895.

Transit Number 81-215

Officers
J. M. Barker____________ ___ President
3. M. Barker, Jr___ ___ Vice President
C. A . Barker-.----------------------Cashier

C. A, Barker
J. M. Barker

Directors
J, M. Barker, Jr

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ $ 52,991.58
Overdrafts _______________
88.52
U. S. Gov’t obligations____ 292,100.00
Other bonds and securities
1,930.80
1,021.39
Furniture and fixtures____
Banking h o u s e ___________
3,149.38
Cash and due from banks_ 203,593.35

Liabilities
Capital s t o c k ______ _____— $ 30,000.00
Surplus f u n d ____________ 15,000.00
Undivided profits — --------- 11,718.11
Demand deposits _________ 464,356.90
U. S. Gov’t deposits-____ _
9,947.17
Public funds ____________ 23,832.64
Total deposits—$498,136.71

T o t a l _____________ ____ $554,854.82

T o t a l_________________ $554,854.82

THE BANK OF AUGUSTA, AUGUSTA
Population, 2,235.

Woodruff County

Chartered February 20, 1935.

Transit Number 81-718

Officers

J. H. Snapp_______________ President
W. M. Sale___________ Vice President
W. B. Conner__ V. Pres, and Cashier
O. T. Beasley__________ Asst. Cashier

Geo. L. Beard
W, B. Conner
R. E. Gregory

Directors
W. M. Sale
J. H. Snapp
C. R. Stacy

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______$153,876.40
U. S. Gov’t obligations___ 389,000.00
Other bonds and securities 97,213.37
Furniture and fixtures___
1,185.00
Banking h o u s e ________
3,060.00
Cash and due from banks- 311,578.36

Liabilities
Capital s to c k ____________ S 25,000.00
Surplus f u n d ____________ 25,000.00
Undivided p r o fits ________ 17,025.73
Demand d e p o s it s ________ 673,331.88
U. S. Gov’t deposits______ 123,627.75
Public funds ____________ 90,516.61
Total deposits--$887,476.24
Other liabilities _________

Total _




$955,913.13

Total _

1,411.16
$955,913.13

25

Thirtieth Annual Report

CITIZENS STATE BANK, BALD KNOB
Population, 1,445.
Chartered January 22, 1931.

White County
Transit Number 81-673

O fficers

Directors

J. W. Brown___ _____ _____ President
H. A. W hitley,______ Vice President
E. D, Williams_____________Cashie*
Erwin Wynn__________Asst. Cashier

J. W. Brown
Jennings Leggett

H. A. Whitley
E. D. Williams

STATEMENT OF JUNE 30, 1944
Liabilities
Capital s to ck ------------------ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ___ _—
5,048.12
Demand d ep osits________ 660,625.81
U. S. Gov’t deposits_____ 121,285.08
Public funds ____________ 55,281.71
Total deposits,_S837.192.60

Resources
Loans and discounts____ ._$ 88,265.46
U. S. Gov’t obligations___ 544,200.00
Other bonds and securities 19,863.47
900.00
Furniture and fixtures,__
Banking house __________
900.00
Cash and due from banks, 218,111.79

.1872,240.72

Total

Total ,

$872,240.72

THE CITIZENS BANK AND TRUST COMPANY, BATESVILLE
Population, 5,267.

Independence County

Chartered March 30, 1910.
Officers
C. W. Barnett___ __________President
C. W. Wasson------------ Vice President
H. M. Kennerly_V. Pres, and Cashier
Ben Jernigan__________ Asst. Cashier
C. T. Jones____________ .Asst. Cashier
H. W. Fox____ _____,_Asst. Cashier

Transit Number 81-116
Directors
C. W. Barnett
C. F. Col©
I. N. Barnett
H. M. Kennerly
C. W. Wasson

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts____ $ 382,958.83
Loans on commodities—
135,600.00
U. S. Gov’t obligations—
881,100.00
Other bonds and securities
81,695.24
Furniture and fixtures, ,
1.00
Cash and due from banks 1,977,037.89

Total ..... ............._____$3,458,392.96

Liabilities
Capital s to c k * _________ $ 60,000.00
Surplus f u n d ____ ______
12,000.00
Undivided p r o fit s _______
28,278.95
Reserves _ _____
32,000.00
Demand deposits_______ 2,667,494.10
Time deposits__________
71,502.74
U. S. Gov’t deposits___
189,280.25
Public fu n d s ___________
226,219.56
Deposits of banks---------171,617.36
Total dep— $3,326,114,01
T o ta l_______________ ,$3,458,392.96

* First preferred stock with par value o f $15,000.00; Second preferred stock with par value of
$15,000.00, and common stock with par value o f $30,000.00.




26

State of Arkansas; Bank Department

CITIZENS BANK, BEEBE
Population, 1,189.
Chartered June 21, 1917.

Officers
E, H. Abington— .------------- President
J. R. Sloan------------------Vice President
T. E. Abington----------------------Cashier

White County
Transit Number 81-588

Directors
T. S. Dabney
H. M. Dodds
T. E. Abington
J. R. Sloan

C. C. Abington
E. H. Abington

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts_____ $ 36,412.84
Overdrafts ______________
40.29
U. S. Gov’t obligations---8,400.00
Other bonds and securities
2,900.00
Furniture and fixtures___
1.00
Banking house __________
1.00
Other real estate_________
3.00
Cash and due from banks- 516,332.01

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus f u n d __ _________
5,000.00
Undivided p r o f i t s ____ ___
6,664.72
Reserves ________________
12,675.43
Demand deposits_________ 509,211.40
Public funds ____________
5,538.59
Total deposits- -$514,749.99

T o t a l_________________ $564,090.14

Total _ _______________ $564,090.14

BELLEVILLE BANK, BELLEVILLE
Population, 411.

Yell County

Chartered January 6, 1905.

Transit Number 81-294
Directors
Mrs. J. C. Woodson

Officers

J. C. Woodson------------------ President Carl Woodson, Jr.

Mrs. J. C. Woodson----- Vice President J. C. Woodson
R. A. White----------------------- Cashier
STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______$ 7,857.66
U. S. Gov’t obligations___ 128,200.00
Other bonds and securities
867.68
Furniture and fixtures___
324.20
Cash and due from banks. 88,461.63

Total _




$225,711.17

Liabilities
Capital s to c k ____________ $ 10,000.00
Surplus fu n d ____________ 10,000.00
Undivided p r o fits ________
2,489.15
Demand deposits ________ 184,685.62
Public funds ____________ 18,536.40
Total deposits. -$203,222.02
Total

.$225,711.17

27

Thirtieth Animal- Report

BENTON STATE BANK, BENTON
Population, 3,.502,

Saline County

Chartered February 9, 1934.
Officers
, R. Alsobrook-— — — President
B. Shafer------- --------Vice President
. A. Springer- ---------- -— Cashier

Transit Number 8.1-711

Directors
W. R. Alsobrook
W. A. Springer
C. E. Fish
W. R. Stephens
H. J. Gingles
L. B. White
G. B. Shafer

STATEMENT OF .H A T At 1944

Liabilities

Resources
Loans and discount?____$ 130,057.49
U. S. Gov’t obligations-- 1,377,524.21
Other bonds and securities
212,414.72
Furniture and fixtures3.051.02
3.795.45
Banking house __
Ca*h and duo from bauk>
7;.2,731.03

Capital slock __________ $

25,000.09

Surplus f u n d ___ _____
50,000.00
Undivided profits ______
9,682.38
Demand deposits _______ 1,814,697.36
Time deposits _ ____
222,549.60
Public funds
__
337,258.26
Deposits of banks
26.389.92
Total dej.. -82,400.895.14

Total __ ______........ .$2,485,577.52

Total ............ ........... .....-$2,485,577.52

BANK OF I1ENTONV1LLK, BENTON TITLE

Populat hr.. 2.359.
Chartered February 23. 1931.

Benton t Aunty
Transit Numbin' 81-701

Officer*.

Ross Martin. Vo! T. Lindsey
Fred Douglas -

Directors

...
- _ Vice

{'resident Fred Douglas
President Roy Drum
Cashier Gordon Knott
Vol T. Lmdst y

STATEMENT 01
Resources
Loans and discounts----- $ 111,526.81
U.S. Gov’t obligations__ 733,100.00
Other bonds and securities
38,800.00
Furniture and fixtures__
2,000.00
Banking house_________
4,500.00
Cash and due from banks 533,335.22

Total




.$1,423,262,03

Jt’ XE

Ross Martin
Vern Rife
T. Bryant Settle

1944

Lnibilitie30.000. 00
Capital stock___
___ 5:
25.000. 00
Surplus fund _________ _
12,328.60
Undivided p r o fits _____
,u04.266.2S
Demand deposits
108.310.22
Time d eposits______ .
574*61.64
U. S. Gov’t deposits . .
185.395.29
Public funds -------------Total dep. .81.355.933.42
Total

$1,423,262.03

State of Arkansas: Bank Department

28

BANK OF BLEVINS, BLEVINS
Population, 331.

Hempstead County

Chartered August 12, 1912.

Officers
H. M. Stephens.__________ President
Herbert M. Stephens_Vice President
P. C. Stephens ------------— Cashier

Transit Number 81-518

Directors
H. M. Stephens
P. C. Stephens
Herbert M. Stephens

STATEM ENT OF JUNE 30. 1944

Other bonds and securities 14,000.00
Furniture and fixtures__
50.00
1,100.00
Banking h o u se __________
Other real esta te---------—
3.00
Cash and due from banks_141,106.71

Liabilities
Capital s t o c k ___ — — . $ 25,000.00
5,000.00
Surplus fund _ _
__
„ 11,331.94
Undivided profits
Demand deposits _ — _ 198,283.15
19,628.85
Time deposits__________
8,096.87
U.S. Gov’t deposits____
10,523.19
Public fu n d s ___ —
_
Total deposits _$236,532.06

T o t a l___________________ $277,864.00

Total

Resources
Loans and d iscou n ts___,_$ 28,604.29
Loans on commodities____
9,800.00
U. S. Gov’t obligations____ 83,200.00

_______

_

— . $277,864.00

FARMERS BANK AND TRUST COMPANY. BLYTHEVILLE
Population, 10,652.
Chartered March 16, 1908.
Officers
B. A. Lynch—.----------------- President
I. R. Johnson --------------Vice President
F. E. Warren_______________ Cashier
R. L. Banister------------Asst. Cashier
Riley B. Jones-------------Asst. Cashier

Mississippi County
Transit Number 81-105
Directors
J. L. Cherry
C. A. Richards
C. A. Cunningham B. S. Simmons
I. R. Johnson
F. E. Warren
B. A. Lynch

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts_____$ 650,188.38
Loans on commodities__ 1,657,200.00
Overdrafts ____________
589.63
U.S. Gov’t obligations_ 1,419,000.00
Other bonds and securities
84,532.00
Furniture and fixtures-.
300.00
Banking house ________
75,000.00
Cash & due from banks_ 2,191,597.63
Other resou rces __________ 21,579.46

Liabilities

Capital s to c k __ _______ $ 150,000.00
Surplus fund _______
150,000.00
Undivided p r o f it s _____
99,601.46
Demand d e p o s its __ ____ 4,181,730.44
Time deposits __________
616,093.13
U.S. Gov’t d eposits____ 616,336.16
Public f u n d s __________
211,672.57
Deposits of ban k s______
52,974.88
Total dep. _$5,678,807.18
Other lia b ilitie s_______

Total _




$6,099,987.10

Total

21,578.46
$6,099,987.10

29

Thirtieth Annual Report

CITIZENS BANK, BOONEVILLE
Population, 2,324.
Chartered April t*, 1910.
Officers
Mattie Edwards. __ _____ President
W. W, P a rk er______ Vice President
Long John W illiam s___ __ *’ashier
Chas. X, Williams. ..Asst, <'asbier

Logan County
Transit Number 81-195
D i r e c t o r ',

Geo. Ross Edwards Abe Williams
J. K. Edwards
Chas. X. Williams
Mattie Edwards
Long John "Willian
W. WT. Parker

STATEMENT OF JUNE

1944

Resources
Loans and discounts___ $ 193,811.79
Loans on commodities __
28,800.00
U.S. Gov’t obligations __ 300,500.00
Other bonds and securities
379.92
Furniture & fixtures __
1.00
1,00
Banking house _____
Other real e s ta te ____ _
3.00
Cash and due from banks 642,938.73

Liabilities
Capital s to ck __________ $ 50,000.00
Surplus fund ______
20,000.00
Undivided p r o fits _____
15,201.03
Demand deposits ______
987,584.49
Public f u n d s __________
93,649.92
Total dep. .$1,081,234.41

T o t a l __________________$1,166,435.44

T o t a l __________ . . . ____ $1,166,435.44

THE BANK OF BRADLEY, BRADLEY
Population, 409.
Chartered April

19,

1933.

Lafayette County
Transit Number 81-513

Officer'!

Directors

J. B. Edwards _.
____ President
J. B. Edwards
Margaret R. Meek. . Vice President L. B. Hamner
J. W, Meek __ __
...
<bushier W. A. McGee
J. W. Meek, Jr . __
. Asst, ‘"'fishier

J. W. Meek
Margaret Meek

STATEMENT OF JUNE 30, 1944
Resources

Loans and discounts
t»l 1.26
Loans on commodities ... 167,853.89
Overdrafts
........
44.04
U.S. Gov’t obligations __
36.300.00
Other bonds and securities 19,000.00
Furniture and fixtures
1*00.00
Banking house ___
900.00
Other real estate ______
5.00
Cash and due from banks
SO,985.82
Total




$249,000.01

Liabilities
Capital s t o c k ___________ $ 25,000.00
Surplus f u n d ----------10,000.00
Undivided profits _______
5,203.62
Demand deposits________ 229,923.56
U.S. Gov't deposits______ 27,425.78
Public fu n d s ___ _______
51,447.05
Total deposits -$308,796.39

Total

.$349,000.01

30

State of Arkansas: Bank Department

BANK OF BRINKLEY, BRINKLEY
Population, 3,409,
Chartered January 17, 1903.
Officers
Andrew Flora- ____________ President
Prank Andrews_______ Vice President
John F, Cole__________________ Cashier
Robert M oore__________ Asst, Cashier

Monroe County
Transit Number 81-191
Directors
Frank Andrews
A, Rusher
Andrew Flora
W. W. Sharp
E. D, McKnight

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts:.____f
Loans on commodities___
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fix tu res-_
Banking h o u s e _________
Other real estate_______
Cash and due from banks
Other re so u rce s________

Total -

220,321.0-8
167,600.00
352,100.00
137,290,31
2,500,00
13,000,00
2,00
645,518,93
1,218.38

____________ $1,539,550.70

Liabilities
Capital s t o c k ________ ,__$ 50,000,00
Surplus f u n d _____________
33,000,00
Undivided p r o f i t s ______
13,479.43
991,225,64
Demand d e p o s its _______
Time d e p o sits___________
246,023,66
U. S. Gov’t deposits_____
116,205,66
Public fu n d s ______________
89,616,31
Total dep. --$1,443,071.27

Total

______________ SI,539,550.70

b a n k o f Ca b o t , c a b o t

Population, 741.
Chartered March 23, 1903.

Lonoke County
Transit Number 81-304

Officers
Directors
Jake W. Lowman________ --President J. C. Alexander
J, E. Gregory
Fred B. Garlington____ Vice President O. H, Davis
Jake W. Lowman
J. M. Park___________________ Cashier Fred B. Garlington J. M. Park
Mrs. Jewel Leggett____ Asst. Cashier
STATEM ENT OF JUNE 30, 1944

Resources
Loans and discounts___ $
Loans on commodities__
O verdrafts_____________
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures_
Banking h o u s e __________
Cash and due from banks
Total _




163,368.98
293.700.00
107.77
212.300.00
52,766.49
1.00

1.00
470,443.89

$1,192,689.13

Liabilities
Capital stock __________ $ 30,000.00
Surplus fund __________
30,000.00
Undivided p r o f it s ______
18,933.15
Demand deposits_______ 1,037,620.24
U. S. Gov’t deposits_____
43,123.58
Public fu n d s _______________ 33,012.16
Total dep. --$1,113,755.98
Total -

$1,192,689.13

31

Thirtieth Annual Report

STATE HANK <»l CALICO MOCK, CALICO ROCK

Population, 738.
Chartered May 1, 1914.

Izard Countv
Transit Number 81-305

Officers
8

J T. Garneiv
E. ( Rodman
T im

Directors

.Resident
Vice President
Cashier
\mt ‘ 'ashler

E . M e N a if I

P c , V I a a:

Dr. Nodi J, Popp S. E. McNeill
J. T. Garner
E. C. Rodman

STATEMENT OF JUNE 30, 1044
Resources
Loans am! Jiseounts .
S i v.)M.lh
Loans on commodities
i *C145.0H
t Iverdra ft s
___
_
256.39
C S. (a n '' obligations-__ pi:;, 125.00
Other ooiids and securities 1(0)00,60
Furniture and fixtures
1,787,00
Banking house
_ _
1,800,00
<P her real •state
_
261,00
Cash ai.d uue from t.atiks 1 (',<.797.93
other resources
7,7,60.00

Liabilities

Capital slock _
_ _ - „$ 25,000.00
9,000.00
Surplus fund . . . __ ...
Undivided profits _ _ .
9,435.97
Demand deposits - _ , _ 871,374.60
Time deposits _ _
,
7,106.50
Public funds _ . . ______
1,840.11
Total deposits 8880,321.21

T«>t;d

8923,757.18

THE MERCHANTS AND PLANTERS RANK, CAMDEN
Population, 8,975.
Chartered March 4, 1931.
Officers

C. I. Grayson______________President
H. T. Patton.-------------Vice President
J, W. Goan________________ __Cashier
E. L, Harrison__ ._____Asst, Cashier

Ouachita County
Transit Number 81-96
Directors

Mike Berg
J. W. Coan
E. W. Copeland
C. S. Early

C. I. Grayson
H. T. Patton
W. P. Patton
John C. Watts

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts-------S 201,659.65
U. S. Gov’t obligations.- 1,860,000.00
Other bonds and securities 522,047.97
Furniture and fixtures-7,460.00
Cash and due from banks 1,415,355.24
Other resources ________
1.00

Total .................-.... ........$4,006,523.86




Liabilities

Capital stock ____, __ ___f 100,000.00
Surplus fund __________
50,000.00
Undivided profits ______
10,355.75
Reserves - ____
30,000.00
Demand deposits__ ____ 2,833,972.76
Time deposits__________
337,806,38
U. S. Gov’t deposits____
352,987.69
Public funds — ----278,563.51
Deposits of banks__ ____
12,837.77
Total dep. _ .$3,816,168.11
Total .. _________ -----$4,006,523.86

32

State of Arkansas: Bwnk Department

CITIZENS BANK, CARLISLE
Population, 1,080.

Lonoke County

Chartered December 22, 1930.
O fficers
E. L. Crandall_____________ President
A. H. Hunt____________Vice President
J. L. Woosley ________________ Cashier
Mary Burnett__________ Asst, Cashier

Transit Number 81-889

Directors
A. W. Birdsong
E. A. Callahan
E. L, Crandall

F. E. Downs, Jr.
J. M. Johnson
E. L. Morris

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts____ f
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures_
Banking h o u s e _________
Cash and due from banks
Other resources ________

1.00
2,250.00
472,931.58
1.09

Liabilities
Capital s t o c k ___________$
25,000.00
Surplus f u n d ___________
12,500.00
Undivided p r o f i t s ______
17,204.24
Demand d e p o s its _______
843,085.03
U. S. Gov’t deposits_____
126,610.00Public f u n d s ____________
82,988.78
Total dep. __f 1,052,663.81

T o t a l_________________ 11,107,368.05

T o t a l_________________ $1,107,368.05

139,159.30
485,800.00

7,225.08

BANK OF CAVE CITY, CAVE CITY
Population, 427.
Chartered July 2-, 1906.
O fficers
Eagle S tr e e t_______________President
Mrs. J. M. Street_____Vice President
J. L. Lewsaw_________________ Cashier
Frank W hitmire________ Asst. Cashier

Sharp County
Transit Number 81-310
Directors
J. A. Carpenter
Eagle Street
J. L. Lewsaw
Mrs. J. M. Street

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ $ 62,284.95
Overdrafts _______________
37.54
U. S. Gov’t obligations____ 270,032.83
Other bonds and securities
2,253.83
Furniture and fixtures____
100.00
Banking house __________
500.00
Cash and due from banks- 98,628.92

Total

$433,838.07

Liabilities
Capital sto ck * ___________ $ 10,000.00
Surplus f u n d ____________
5,000.00
Undivided p r o fits ________
4,987.04
Demand d e p o s it s ________ 386,447.39
U. S. Gov’t deposits______ 16,143.75
Public funds ____________ 11,259.89
Total deposits -$413,851.03
Total -

$433,838.07

* First preferred stock w ith par value o f $5,000.00, and common stock with par value o f
$5,000.00.




Thirtieth Annual Report

33

AMERICAN STATE BANK, CHARLESTON
Population, 958.

Franklin County

Chartered June 29, 1910.
C. 11.
B. H.
Clyde
11. E.

Officers
Hiatt_______ _________ President
McDonald__ ____Vice President
Hiatt ________
Cashier
Shumate______ __Asst, Cashier

Transit Number 81-268
C. H. Hiatt
Clyde Hiatt
L. E. Jetton

Directors
B. H. McDonald
McLoud Sieard
S. B. Stevinson

STATEMENT OF JUNE 30, 1944
Resources

Loans asm discounts
1oasis on cormneditid's

Overdrafts

..

SI4 ! nl-'hls
'*.100.00

.

228.72

U. S. Gov't obligation.*- .
L's 2900.00
Other bomL and securities 2d,,744.19

Furniture and fixtuie"
Banking hou-e
__
<'ash and due from haulm
i Mh**r risdiD'iv'.' _

1.00
’..uflO.OO
12dO 12.1 4
1 do
i'.'. idO.rr;

T.iahilifu
__ 8 25,000.00
Capital stock _
Surplus fu n d ........
25,000.00
Undivided profits ___
12,823.98
1,000.00
Reserves
_ ..
_ __
Demand deposits _ ___ 733,.356,32
Time deposits .
.
29,341.65
U. S. Gov't deposits
..... 28,849.50
Pur.lie funds __ .
... . 50,089.08
Total deposits _SM 1,036.55
Total

8905,460.53

BANK OF CHERRY VALLEY, CHERRY VALLEY
Population, 500.
Chartered January 24, 1907.

1

Cross County
Transit Number 81-313

liTrif'p'rsi

ill rPctAi***

R. Eli Halk____________________________ _ _ . .................President
W. M. Smith__________Vice President
J. Kelly Maddox________ ____ Cashier

R. Eli Halk
'
H. P. Maddox

J. Kelly Maddox
W. M. Smith

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts.._____S 84,395.75
Loans on commodities___
2,600.00
U. S. Gov’t obligations----- 47,228.00
Furniture and fixtures—
1.00
Banking house __________
600.00
Cash and due from banks. 244,587.37
Total




__ $379,412,12

Liabilities

Capital stock ____________$ 10,000.00
Surplus fund ____________ 15,000.00
Undivided p ro fits ________
4,176.16
Demand deposits ______ _ 310,757.16
Public funds ____________ 39,478.80
Total deposits _$350,235.96
Total

$379,412.12

34

State of Arkansas: Bank Department

BANK OF CHIDESTER, CHIDESTER
Population, 508,
Chartered April 29, 1909.

Officers
W, G. Rushing_____________ President
T. H. Benton__________Vice President
C. B. Clingan_________ Vice President
W. C. Stinnett________________ Cashier

Ouachita County
Transit Number 81-314
Directors
T ,H, Benton
Mollie Purifoy
Beulah Taylor
C. B. Clingan
W. G. Rushing
J. T. Walker
W. C. Stinnett

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ $ 26,854.00
Overdrafts _______________
235.89
U. S. Gov’t obligations____ 133,620.00
Other bonds and securities
9,782.22
Furniture and fixtures____
1,300.00
Banking house __________
800.00
Other real estate_________
1,00
Cash and due from banks_ 170,176.01

Liabilities
Capital s t o c k _____________$ 10,000.00
5,000.00
Surplus f u n d _____________
Undivided p r o f i t s ________
2,638.12
Demand deposits ________ 298,562.32
Time d e p o s its ____________
7,500.00
U. S. Gov’t deposits______ 11,529.50
Public funds _____________
7,220.43
Total deposits _$324,812.25
Other liabilities _________

.$342,769.12

Total

318.75

Total __________________ $342,769.12

THE MERCHANTS AND PLANTERS BANK, CLARENDON
Population, 2,551.

Monroe County

Chartered July 23, 1890.

Transit Number 81-164

Officers

Directors
H. B. Bateman
Mrs. Govan Burke
Miss Helen Bateman
W. H. Brown
Mrs. Edw. Griffith
Govan Burke

H. B. Bateman_____________President
W. H. Brown____V. Pres, and Cashier
J. H. Calhoun__________ Asst. Cashier

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts--------- $ 46,536.30
Loans on commodities------ 36,800.00
Overdrafts _ ------------------26.09

U. S. Gov’t obligations___ 232,500.00
Other bonds and securities
Furniture and fixtures—
Banking house __________
Other real estate-------------

20,653.99
1,000.00
7,000.00
86.37

Liabilities
Capital stock* __________ $ 50,000.00
Surplus f u n d _____________ 10,000.00
Undivided p r o f i t s ________
14,310.94
Reserves _ _______________
3,400.00
Demand deposits ________ 597,625.98
Time d e p o s its ____________ 29,419.49
Public funds _____________ 52,764.50
Total deposits _$679,809.97

Cash and due from banks_ 412,918.16
T o t a l __________________ $757,520.91

Total ___________________ $757,520.91

* First preferred stock with par value o f $12,500.00 and common stock with par value of
$37,500.00.




Thirtieth Annual Report

35

THE CORNING RANK, CORNING
Population, 1,010,

Clay County

Chartered January 2It 1921

Transit Number 81-211

Officers

K. Vandover..............
Mrs, F. R, Sprague C A. I utnb
..

President
Vice President
Cashier

L,
M.
G,
Hi

G. Black
G. Hoffman
A, Lamb

Directors
Joseph Sellmeyer
Mrs, F. B. Sprague
S, Talkington

N. Ratcliff e

E. Vandover

STATEMENT OF JUNE 30, 1944
Ihsoun t1 (abilities
Loans aim discounts.
x 63,''..sx5.12 Capital >toek
. _____ S 25 ,000,00
Loan,- <>n commodities _
02,842.20 Surplus fund
_______
25,000.00
U, S. Gov’t obligations 187,500.00 Undivided profits ______
22,214.01
Other bonds and securities
23,015.71 Reserves
.
______
10*,000.00
Furniture and fixtures
1.00 Demand deposits ______
951,037,35
93,082.19
Banking tous<. .
7,000.00 Time deposits . _ _____
V. t4' a"i! . j ' b ‘ from hankPtJ.XSl ,21 U. S. Gov't deposits__
86,580.71
Public funds
...
110 ,811.08
Total dep .81,2 11,51 1..‘13
Total _ ______________ $1,323,725.34

Total ............................. $1,323,725.34

BANK OF CROSSETT, CROSSETT

Populn ■ton, 4.891,

Ash lev County

Chartered Deeemner 22. 191.':.

Transit Number 81-321

Office! -

E, t . i r<tss(jt t
R F. Watzek
Roy DooRy ,
i

E,

Director'

President
Vu-e President
Cashier

Hammm

_ .Ass

E. C. ( ’rossett William C. Norman
Roy Dooley
P. F. Watzek
K. O. Elderkin S, A Wil<•<•von

Cashier

STATEMENT OF JUNE 30, 1944
Rt-MHir< e-

Lmbilit ic-

Loans and discounts
$ 115,1133,69
31.73
Overdrafts
V . S, Gov’t obligations.
,967,751.11
Other bonds and securities
74,886.25
Furniture and fixtures.
2.699.73
Other real estate__ _
1.00
Cash and due from banks
468.788.92
Other resources
5.00

Capital stock .
8 50.000.tH!
Surplus fund ..
._
10.000.00
Undivided profits
.
26,294.28
Demand deposits
.
1.252,226.84
Time deposits
359,085.69
U . S. Gov’t deposits_
6.747.89
Public funds ___
20.069.29
Total dep. __81.638.129.6i;
Other liabilities

Total _




,$1,759,197.43

Total ... _

•1,773.53
..__S1.759,197.43

36

State of Arkansas: Bank Department

DANVILLE STATE BANK, DAN VILLE
Population, 1,010.
Chartered October 3, 1930.
O fficers
J. E. Chambers------------------- President
Neil Sims--------------------- Vice President
Jim Bill Gatlin-----------------------Cashier
J. F. Nunn______________Asst. Cashier

Yell County
Transit Number 81-700

Directors
S. Bondi
Jim Bill Gatlin
J. E. Chambers
J. W. Hull
John Ed ChambersNeil Sims

STATEM ENT OF JUNE 30, 1944
Liabilities
Capital s t o c k _____________S 25,000.00
Surplus f u n d _____________ 10,000.00
Undivided p r o f i t s ________
3,651.45
Reserves - _______________
2,000.00
Demand deposits ________ 403,882.24
Public funds _____________ 45,616.72
Total deposits -$449,498.96

Resources
Loans and discounts______ S 71,153.03
Loans on commodities____ 24,201.68
U. S. Gov’t obligations-__ 232,743.91
Other bonds and securities 31,436.42
Furniture and fixtures____
1.00
Banking house __________
1.00
Cash and due from banks- 130,612.37
Other resources _________
1.00
Total _ ________________ $490,150.41

Total _ ________________ S490.150.41

BANK OF DARDANELLE, DARDANELLE
Population, 1,807.
Chartered September 12, 1934.

Yell 'County
Transit Number 81-599

Officers

Directors

Thos. V. Jones______________ President
A. S. McCray_________ Vice President

C. R. George
Garrett Jones

Thos. V. Jones
A. S. McCray

Albert R o r e x ________________ Cashier
Evelyn Jones__________ Asst. Cashier
Geraldine W aid________Asst. Cashier
STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ Slll.221.00
Loans on commodities____ 80,379.24

U. S. Gov’t obligations___

25.000.00
709.41
Furniture and fixtures__
1.00
Cash and due from banks, 291,939.22
Other resources _________
1.00
Other bonds and securities

Total -




$509,250.87

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus f u n d _____________
5,000.00
Undivided p r o fits ________ 11,759.09
Demand d e p o sits________ 402,128.49
Time deposits ___________
362.19
U. S. Gov’t deposits_____
17,662.50
Public funds ____________ 47,338.60
Total deposits -$467,491.78
Total

.$509,250.87

9H
O1

Thirtieth Annual Report

BANK OF DELIGHT, DELIGHT
Population, 481.
Chartered June 16, 1911.
*I f f l e e r -

< . E. Jnhi'-Kii
.
Frank B Reid _ _
I * <' Humphry _

_ _
_President
. . Yim President
( fishier

Pike County
Transit Number 81-326

DirectorI). C. Humphry
C. E. Retd
t E . Johnson
Frank B, Reid
M. Mav

STATE.M EXT OF JUNE
Resources

Loans ami discounts

_

Overdraft'
l . 8. Govd .iblijjations _

s 4d.lU8.44
309.14
)00,700.00

Other bond- and securiti* '
500.00
Furniture and fixtures
_
1.00
Banking m>us*> _
LOU
Other rea! estate
2.00
Fas!' a> d la,, from hvd.,- O'" .22 1.7”

Tot;i ■

* h i*-st. jo*. ’ . >4

t ,4

. - Sds3.846.35
‘va i> e;, -

u,-

fj4 4

I.ia hiiiise( 'apital stock'
_ _
Surplus fund _
___
Undivided profits _ _
Reserves
Demand deposits ___
Time deposits

8 22,500.081
5.000.00
4.726.39
1.250.00
329,294.17
1,068,51
4,837.50

U. S. Gov't deposits

funds „
Total denosit'

____

Public

i'otal

i’ sr, .inn mi

_ ..

t*'«!

15,169.78

s350,36','.',H'.

_

enm iei'

8385,846.35

‘ >>,-k va*k

e;t>- ud a -

of

n t J O im ! - I \ IE !L\.NK. DEKMOi f

Popi 1 ■' •<i. ",08 d,
Chartered L<;

■*, 1955.

<dneo;

<

ounty

Transit Number ' l -72o

Officer-,
.)os., I;.i> *- j

President

<i, G, Jo’nnsi on V Pres and t fishier
( ‘kirrniT HiRoii
As- 1 « fishier
f..<rd.s

MV rd _

C"

G. P doimston

1dmlne;

S T A T E M E N T OF JU N E

io >;u:s a a- liscoum > v..35s.u5
i 22.sPu.0u
Loans nil c«,iiii(iot1ilie'
Id S. Goyf obliyation<54,059.00
52,009.00
Other Lends and securit ie>
750.00
Furnitur. and fixture! .750.00
Banking house _ _ __
<W , and duo from 1 auk
192.790.56

. _____ ____.. . SI *'67.499.51




i 914

Liabilities

Re-mircc-

Total

Directors
W. E. Lephiew

loin; Baxter

j 'upmd 'tuck
S
Surplu- fund
Undivit! ed profitReserves
Demand deposit- . _
Time deposits _
U. S. Gov't deposits
Public funds __
Total dc•n. SI, 586,385.77
Total

25,000.00
25,000.00
29,113.74
2 ,000.00
924,518.13
214,842.57
295,285.05
151.740.02

$1,667,499.51

State of Arkansas; Bank Department

38

FARM ERS AND MERCHANTS BANE, DES ARC
Population, 1,410,

Prairie County

Chartered January 20, 1902,
O fficers
A, L. Erwin________________ President
L. R. Brown__ V. Pres, and Cashier
N. R. Kirkwood________ Asst, Cashier

Transit Number 81-233
Directors

L. R. Brown
A, L, Erwin

Henry Nichols

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts
$183,490.98
Loans on commodities____ 133,000.34
U, S. Gov’t obligations____ 50,300.00
Other bonds and securities
4.785.23
Furniture and fixtures____
1.00
Banking house
_ _
1.00
Other real estate
1.00
Cash and due from banks- 189,568.92
Total _

$561,148.47

Liabilities

Capital stock
Surplus fund
Undivided profits
Reserves

$ 25.000.00

8,000.00
6,799.40
18,785.80

Demand deposits
426,378.24
Time deposits
30,441,74
Public funds .
45.743.29
Total deposits -$502,563.27
Total

.

_ _ _

$561,148.47

DeWITT BANK AND TRUST COMPANY, DeWITT
Population, 2,498,
Chartered March 1, 1929.
O fficers
W, F. Sehallhorn_________ President
R, H, Maddox____V. Pres, and Cashier
Julian Brown____,______ Asst, Cashier

Arkansas County
Transit Number 81-245

A. G. Bauer
G, W. Hall
R. H. Maddox

Directors
W, F. Sehallhorn
C. L, Whitmore

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts------- $ 425,845.29
2,700.00
Loans on commodities—
359.900,00
U. S. Gov’t obligations-94,100.50
Other bonds and securities
1.00
Furniture and fixtures- _
,
Banking h o u s e _________
1.00
Other real estate__ .____
Cash and due from banks 1,682,332.54
1,00
Other resources ________

6 000,00

Total




.$2,570,881.33

liabilities
Capital stock __________ $ 50,000.00
Surplus f u n d __________
50,000.00
Undivided p r o f i t s ______
49,235.05
Demand d e p o s its _______ 2,015,227.07
Time d e p o sits __________
163,694.30
U. S. Gov’t deposits_____
119,435.75
Public fu n d s ____________
123,289.16
Total clep. --$2,421,646.28
Total

.$2,570,881.33

3©

Thirtieth Annual Report

BANK OF DIERKS, DIERKS
Population, 1,459,

Howard County

Chartered February 7, 1906.
Officers
Lewis M, Layer___________ President
T. F, WestbrooksV. Pres, and Cashier
Mrs, Opal Simmington__Asst. Cashier

Transit Number 81-328

Directors
M. G. Bock
Mrs, Lydia Layer
W. T. Dodgen
T, F. Westbrook
Lewis M. Layer

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts-_____ $ 85,305.94
Overdrafts _ _____________
21.02
U. S, Gov’t obligations____ 200,000-.0i0
Furniture and fixtures___
1,200,00
2,400.00
Banking house __________
Other real estate________
2.00
Cash and due from, banks- 157,958.81

Liabilities
Capital stock* ___________ $ 25,000.00
Undivided p r o f i t s __ - ____
2,891.31
Demand deposits ________ 353,911.49
Time deposits ______
7,900.20
Public funds _____________
7,184.57
Total deposits -$368,996.26

Total ................. ........... .... $396,887.57

Total _ ________________ $396,887.57

* F irst p referred stock with par value o f $15,000.00 and com m on stock with par value of
$ 10 , 000. 00 .

BANK O'F DOVER, DOVER
Pope County

Population, 493,
Chartered September 29, 1905.
Officers
John E. Moore____________ President
T. C. Campbell....... ......-V ice President
Mrs. J. M. Llewellyn_______--Cashier

Transit Number 81-829

Directors
Dr. W. J. Brown Mrs. J. M, Llewellyn
T. C. Campbell S. F. McCain

L. J. Churchill
John E. Moore
Leonard Hurley J. M. Wait
J. M. Llewellyn

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______ S 62,645.49
Overdrafts _ ____
35.45
U. S. Gov’t obligations____ 108,100.00
Other bonds and securities
8,137.78
Furniture and fixtu res-....
500.00
Banking* house __________
4,300.00
Cash and due from banks_ 139,785.97
Total _ _________________$318,504.69
* F irst preferred

$ 20 , 000, 00.

stock




with

par value o f

Liabilities
Capital stock* _______ — $ 27,500.00
Surplus fu n d _______ _—
3,500.00
Undivided profits -----------4,431.87

Demand deposits ________ 261,710.39
Public funds ------------------- 21,362.43
Total deposits -$283,072.82
Total . ________________$318,504.69

$7,500.00

and

common stock with par value o f

State of Arkansas: Bank Department

40

MERCHANTS AND FARM ERS BANK, DUMAS
Population, 2,323.
Chartered May 10, 1909.

Desha County
Transit Number 81-330

Directors

Officers
Ray M a x w e ll______________President
Walton H. Rice____Executive ¥. Pres.
Juanita S tep h en son -------------- Cashier

J. E. Allmon
R. A . Pickens
R. F. Cox
D. 0 . Porter
Charles Dante
O. L. Puryear
Ray Maxwell
Walton H. Rice
Joe Lee McKennor

STATEMENT OF JUNE 30, 1944
Resource-

Loans and discounts_____S 144,491.77
Loans on commodities- .
3.800.00
U. S. Gov’t obligations
020,400.00
Other bonds and securities 198.016.91
Furniture and fixtures . 3,000.00
Banking h ou se_________
7,000.00
Cash and due from banks
184,184.00
Other resources________
4,503.97

.$1,365,996.65

Total .

Liabilities
Capital stock __________ !
Surplus fund __________
Undivided p r o f it s ______
Reserves _______________
Demand deposits_______
Time deposits__________
U. S. Gov’t deposits____
Public fu n d s ___________
Deposits of banks_____
Total dep. _ .$1,248,894.54
Total _

50.000. 00
40.000. 00
25,102.11

2 ,000.00

891,321.49
166,275.68
61,401.48

124,895.89
5,000.00

81,365,996.65

THE EXCHANGE BANK AND TRUST COMPANY, EL DORADO
Population, 15,858.
Chartered August 12, 1933.
Louis
C. N.
D. R.
H. B.
V. E.

Officers
E. Hurley___________President
Barton_________ Vice Presdient
James_________ Vice President
Axum_________________ Cashier
Lawton... ----------Asst. Cashier

Union County
Transit Number 81-668
Directors

C. N. Barton
T. H. Barton
John H. Ellis
Louis E. Hurley

D. R. James
R. E. Meinert
Chas. H. Proetz
H. D. Reynolds

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts------- S 377,537.13
U. S. Gov’t obligations.. 2,032,886.94
Other bonds and securities
129,317.64
Furniture and fixtures..
3,428.06
Cash and due from banks 1,816,258.68

Total ..



.$4,359,428.45

Liabilities
Capital s t o c k __________ S 100,000.00
Surplus fund __________
40,000,00
Undivided profits ______
32,812.20
Demand deposits_______ 3,300,489.07
Time deposits__________
123,820.36
U. S. Gov’t deposits____
580,155.00
Public fu n d s ___________
177,046.35
Deposits of banks_______
5,105.47
Total dep. ..14,186,618,25
Total ..

.84,359,428.45

41

Thirtieth Annual Report

BANK OF ELKINS, ELKINS
Population, 350,

Washington County

Chartered June 1, 1912,
Officers
Roe Stokenbury
...... ........ President
Clyde West__-................Vice President
J. E, Bunch
_____________Cashier
Oscar W est___________ Asst. Cashier

Transit Number 81-508
Directors
J, E. Bunch
Roe Stokenbury
J. C, Reed
Clyde West
J. P. Stokenbury

STATEMENT OF JUNE 30, 1944
Resources
Loams and discounts.-... ......8 71,339.75
U. S. Gov’t obligations____ 817,800.00
Furniture and fixtures—
591,50
Banking house __________
395,00
Other real estate_________
1.00
Cash and due from banks.. 190,538.08

Iota1

.

* ir-’t pr* i " ’ *s]

Total

.t ,c|.:

* DUG

Liabilities
Capital stock* __ _________ $ 25,000.00
Surplus fund _____________
5,000.00
Undivided profits _______
1,304.43
Reserves ... _______________
2,0*00.00
Demand deposits ________ 366,486.38
Time deposits ___________ 127,894.11
U. S. Gov’t deposits______ 27,414.54
Public funds _____________ 25,585,87
Total deposits ...8547,380,90

-],f

o*'

nml

__

.

■*- »mmr«n

u<K*k with

.8580,665.33
pur

value

*»f

BANK OF ENGLAND, ENGLAND
Papula i , , , 2.027.

( "harterwl A nun

1

23, 1M)X

OfficerL A, ( ari i.te
P. F, Mun llHOM
D, P, Mashburn. Jr.

b’resident
V ic !' vsidetd
t ’ashler
-W >'asldei

IF . St ;1H\ >>1i

Lonoke

< 'ount,\

Transit Number 81-213,
Directors
Id, A. 1 art Lee
lb P, Mashburn, Jr.
B. F. Murchison

STATEM ENT OF JUNE 30, 1.944
Resources
Leans a ml discountsLoan,'' on v•ommodities

r

s. Gov’t obligations

tuber bond - and seeuritieFurniture and fixtures__

Bunking In<11So
Other real estate

( ’aG' and du<> fttmi bankOther
lives
1ota!




S]» ‘•s,.548.25
1i 5.933.73
h11,364.25
1,305.81

700.00
0.000,00
1.00
b55 ,3 6 4 .9 2
1 00
so,'•n 21 s.oo

Liabilities
_______ S 25,000.00
Surplus fund . .
.. ..., 40,000.00
Undivided profits _
24,535.58
Demand deposits ________ 502,862.33
7,189.82
Time deposits _ . _ . ..
Public funds - _________ 59,631.23
Total deposits 8569,683.38
Capital

Total

'lock

.

.............. §859,218.96

42

State of Arkansas; Bank Department

THE CITIZENS BANK, ENGLAND
Population, 2,027,

Lonoke County

Chartered January 14, 1931.

Officers
President
Ben B. Morris
Lois Rutherford—V. Pres, and Cashier
.Asst. Cashier
J. O. DuPree

Transit Number 81-492

Directors
Lois Rutherford
J. E. Swaim

W. G. Cunning
Ben B. Morris

STATEMENT OF JUNE 30, 1944
Resources

Loans and discounts
--$218,696.88
Loans on commodities44,467.00
43.96
Overdrafts
U. S, Gov’t obligations- . 242,500.00
Furniture and fixtures1.00
Banking house
1.00
5.00
Other real estate _
Cash and due from banks- 291,782.82
1.00
Other resources
Total

Liabilities
Capital stock

- - - $ 30,000.00

Surplus fund
Undivided profits

20,000.00
5,177.67

Reserves

11,606.28

Demand deposits
- - - 558,994.58
Time deposits
1,500.61
U. S. Gov’t deposits
86,850.62
Public funds
83.368.90
Total deposits -$730,714,71
Total

__ $797,498.66

---$797,498.66

THE EUDORA BAN K , BUDDHA
Population, 1,808.

Chicot County

Chartered December 23, 1930.
Officers
W. W. Grubbs_____________ President
C. B. Bowman_________ Vice President
Sam L. Bowman______________Cashier
Willard Mathis________ Asst. Cashier

Transit Number 81-334

Directors
A. G. Anderson
W. W. Grubbs
C. B. Bowman
J. M. McLeod
Sam L. Bowman H. F. Scott
R. T. Stephenson
E. T. Cashion

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts_____ $
Loans on commodities__

Overdrafts _ ___________
U. S. Gov’t obligations- Other bonds and securities
Furniture and fixtures-Banking h ou se_________
Cash and due from banks

Liabilities

140,063.49
1,274.05
174.54
553,950.00
92,980.75
1, 000.00

6,000.00
286,741.17

T o t a l_________________ $1,082,184.00




Capital stock __________ S
Surplus fu n d ___________
Undivided p r o fit s ______
Reserves _ _____________

Demand deposits _____
Time d e p o sits__________

U. S. Gov’t deposits____
Public funds __________
Deposits of banks______
Total dep.
989,276.35

50.000.
20. 000.

00
00

17,907.65
5.000. 00
722,314.69
125,236.01
66,908.38
69,817.27
5.000.
00

Total _________________ $1,082,184.00

Thirtieth Annual Report

43

BANK OF EUREKA SPRINGS, EUREKA SPRINGS
Carroll County

Population, 1,770,
Chartered May 4, 1912.

Transit Number 81-472

Officers
C, A. Fuller______________ -President
Ray F re e m a n ---____--V ice President
D. Simpson_ ---------------------- Cashier

Ray Freeman
C. A. Fuller
J, F, John

Directors
L. G. Roark
D, Simpson
R, R, Thompson

STATEMENT OF JUNE 80, 1944
Resources
Loans and discounts______ $ 59,830.53
U, S. Gov’t obligations-.__ 234,568.66
Other bonds and securities 18,210.00
Furniture and fixtures____
2,000.00
Other real estate________
1,000.00
Cash and Due from banks. 324,708,22

Liabilities
Capital stock* ___________ $ 30,000,00
Surplus fund _______
8,250,00
Undivided profits _______
5,861.10
Reserves _ _______________
605.00
Demand deposits ________ 366,446.24
Time deposits _____-______ 104,541.93
U. S. Gov’t deposits______ 76,951.56
Public funds ___________
47,481.58
Total deposits _$595,401.31

Total _______ __________ $640,117.41

Total ..................................$640,117.41

4 F irst preferred stock
$25,000,00.

with

par

value o f

$5,000.00 and com m on

stock

with

par

value

of

BANK OF EVENING SHADE, EVENING SHADE
Population, 347.
Chartered February 5, 1901.
Officers
J. O, Laman------- ------------ -- .President
Otto Cathey__________ Vice President
E. B. M etcalf________________ Cashier
J. B. M etcalf___________ Asst, Cashier

Sharp County
Transit Number 81-336
Otto Cathey
J. M. Oausbie

Directors
E. B. Metcalf
O. S. Westmoreland

J. O. Laman

STATEMENT OF JUNE 30, 1944
Resources
looans and discounts______$ 25,548.24

U. S. Gov’t obligations__ 125,000.00
Ohter bonds and securities
563.26
Furniture and fixtures___
1.00
Banking house___________
1.00
Cash and due from banks- 175,518,92

Total - - ______________ 1326.632,42




Liabilities

Capital stock ____________S 10,000.00
Surplus fund .....
5,000.00
Undivided profits ________
2,563.15
Reserves _____
56.32
Demand deposits ________ 250,656.73
Time deposits ___________
2,837.92
Public funds ____________ 55,518.30
Total deposits -$309,012.95
Total

$326,632.45

44

State of Arkansas: Bank Department

McILROY BANK, FAYETTEVILLE
Population, 8,212. Washington County
Chartered December 24, 1892,
Officers
Hayden Mcllroy___________ President
J, B. McConnelLV. P. & Trust O fficer
Med Cashion_____ V. P. & Secretary
J. T. Bain_______ V. Pres, and Cashier
Eleanor Sheppard______ Asst. Cashier
Zelma W. Farmer_Asst. Trust O fficer

Transit Number 81-87

Directors
R, D. Bogart
Med Cashion
Mrs. Annie M cllroy Johnson
James H. Kays
Herbert L. Thomas
J. B. McConnell Clifton Wade
Hayden M cllroy
Marion Wasson
Gilbert C. Swanson W. C. Whitfield

STATEM ENT OF JUNE 80, 1944
Resources
Loans and discounts_____ S 857,906.25
Loans on commodities___
225,405.18
Overdrafts _ ____________
1,811.95
U. S. Gov’t obligations_ 1,374,816.93
Other bonds and securities 287,217.01
Furniture and fixtures-8,848.54
Banking h o u s e _________
19,484.12
Other real estate_______
7.00
Cash and due from banks 1,484,049.63
Other resources ________
2,638.80

Undivided p r o f it s ______
29,797.25
Reserves _ __
50,000.00
Demand deposits_______ 2,235,835.76
Time deposits__________
547,215.13
U. S. Gov’t deposits_____ 285,375.57
Public fu n d s ___________
521,768.84
Deposits of banks______ 192,192,81
Total dep. --$3,782,388.11

T o t a l _________________ $4,082,185.36

T o t a l________________ $4,062,185.38

Liabilities
Capital s t o c k __________ $ 100,000.00
Surplus f u n d __________
100,000.00

FORDYCE BANK A N D TRUST COMPANY, FORDYCE
Population, 3,429. Dallas County
Chartered January 5, 1931. Transit Number 81-127
Officers
Directors
L. L. Trussell______________ President
Edwin Anthony
W . D. Stell, Jr.
C. F. Sturgis__________Vice President
E. C. Benton
C. F. Sturgis
E. C. Benton___ V. Pres, and Cashier
H. B. Benton
L. L. Trussell
Mrs. M. S. Smith_____ Asst. Cashier
S. A. Williams
H. E. Dedman
B. A. Maybew
STATEMENT OF
Resources
Loans and discounts_____$ 181,724.38
Loans on commodities__
7,500.00
Overdrafts - ___________
557.65
U. S. Gov’t obligations-_ 908,625.00
Other bonds and securities 248,363.12
Furniture and fixtures-2,000.00
Banking h o u se _________
8,000.00
Cash and due from banks 512,659.51

T o t a l _________________ $1,869,429.86



JUNE 30, 1944
Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus fund __________
50,000.00
Undivided p r o f i t s ______
20,316.00
Reserves_______________
1,223.49
Demand deposits_______ 1,121,866.76
Time deposits__________
322,685.61
U. S. Gov’t deposits___
198,966.84
Public fu n d s ___________
98,566.69
Deposits of banks_______
5,804.27
Total dep. --$1,747,890.17
T o t a l_________________ $1,869,429.66

Thirtieth Annual Report

45

PLANTERS BANK AND TRUST COMPANY, FORREST CITY
Population, 5,699.

St. Francis County

Chartered April 15, 1921.
Officers
S. J. Dean__________ __ _____President
•1, B. Fletcher.. . _ _ .Vice President
C. T. Doss _
_ .Vice President
Cashier
C. N. Haven __..__ . ... __
...Asst. Cashier
C. C. Aycock
Dione Kennedv. _ _ ...... Asst. Cashier

Transit Number 81-143
L. P. Aycock
E. B. Belshe
R. E. Carroll
J. 0. Growly
S. J. Dean
C. T. Doss
J. B. Fletcher
C. C. F ogg

Directors
H. W. Gregory
C. N. Haven
L. F. Haven, Sr.
J. D. McGregor
Mrs. H. B. Robinson
J. J. Screeton
Sam Sharpe
Janies F. W olfe

M A T E )!F X T OF JUNE 3d. 1914
Resource'
Loam aia; discounts> ksriktrUU
Loans on com m oditie-_
465.*55.65
‘ H-ordrafts
<.540.58
L S, t >o\ b obligation.] ,o7 1 S62.5<>
other bonds and soeuriti <
H i L'85,49
■V.05.00
Furniture ard fixture1'kSOO.Oit
Banking houso
0,T'.,ol2>l
Cash and ha* from t»;o. k! . - -29.60
<>tIk r iv-omcw-

Total _ -............ ......

I.iahditH s
Capital stock
._$ 100,000.0(1Surplus fund .
25,000,00
Undivideil profits
8,492.35
Reserves
_. _
1,416.03
Demand <ii posits
... 1,783,085.08
Time deposits
..
325,175.51
U. S. Gov’t depos itw
...
319,116.16
Public funds
278,461.97
..
208,967.57
Deposits of hanks
Total dep,
$2.91 t.806.29

Total ........ -

_ -S3.049.714.67

...... ..... .13.049,714,67

ARK AN SA S VALLEY TRUST COMPANY, FORT SMITH
(N ot engaged In commercial banking)
Population, 36,584.

Sebastian County

Chartered February 12, 1906.
Officers
Frank W. Youmans__P. & Trust Off.
Byron W illiams______.Vice President
Leon E. Werntz______ Vice President
Mrs. Walter T, Gosman__Sec’y-Treas.
Miss Evangel Tatum. _Asst. Secretary
and Treasurer
STATEMENT OF
Resources
Loans and discounts-$196,052,90
Other bonds and securities
6,843.33
Furniture and fixtures-----9,464.28
Banking house -------------.. - 89,002.55
Other real estate---250.00
Cash and due from banks 25,006.80

Other resources ------------Total _

Directors
Harry P. Daily
Ralph J. Speer
S. Bernie Harper Leon E. Werntz
Dr. E. C. Moulton Byron Williams
Dr. H. Moulton
Frank W. Youman?
Jerome Ney
JUNE 30, 1944

Liabilities
Capital stock ___________ $150,000.00
Surplus fund _______
26,900.00
Undivided profits ____
25,275.65
Reserves _ ______________ 13,657.55
Other liabilities ________
94,777.55

33,990.89

___________ $810,610,75




Transit Number 81-571

Total _ ______ _______ __$310,610.75

46

State of Arkansas: Bank Department

THE BANK OF FRANKLIN, FRANKLIN
Population, 100.
Chartered June 13, 1905.

Izard County
Transit Number 81-338

Officers

W. A. Gaston____ _________ President
J. W. Cooksey-------------- Vice President
R. M. Standerford___________ Cashier

J. S. Box
J. W. Cooksey
W. A. Gaston

Directors
Sallie Simpson
R. M. Standerford

Estelle Gaston_________ Asst. Cashier
STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ $ 27,317.84
Overdrafts _______________
122.51
U, S. Gov’t obligations__ _
74,250,00
Other bonds and securities
1,743.63
Furniture and fixtures___
1.00
Banking house __________
1.00
Cash and due from banks. 21,421.80
Other r e s o u r c e s _________
341.53

Liabilities
Capital stock ____________$ 10,000.00
Surplus f u n d _____________
2,500.00
Undivided p r o f i t s ________
609.87
Demand deposits ________ 107,024.96
Public funds _____________
5,064,49
Total deposits -$112,089.44

Total - ______- ________ $125,199.31

Total

$125,199.31

BANK OF GLEN WOOD, GLEN WOOD

Population, 854.

Pike County

Chartered December 27, 1912.

Transit Number 81-343

Officers
John Golden_______________ President
J. L. Pinkerton________Vice President
Rufus B. Paslay_____________ Cashier
Doris Hutchings_______Asst. Cashier

Directors
R. W. Brakefield W. A. O’Neal
C. R. Cantrell
Rufus B. Paslay
John Golden
J. L. Pinkerton
G. S. Linsley

STATEM ENT OF
Resources
Loans and discounts___ --$144,159.38
Overdrafts - .____________
145.76
U. S. Gov’t obligations___ 48,200.00
Other bonds and securities
1,000.00
Furniture and fixtures___
680.00
Banking house __________
990.00
Cash and due from banks- 416,413.36
Other resources _________
1.00

JUNE 30, 1944

T o t a l ____ ______________$611,589.50




Liabilities
Capital stock
$ 25,000.00
Surplus fund
9,000.00
Undivided profits
4,334.87
Demand deposits
_ - 493,560.20
Time deposits
59,197.03
Public funds _
20,497.40
Total deposits _$573,254.63
Total

$611,589.50

47

Thirtieth Annual Report

BANK OF GRAVETT, GRAVETTE
Population, 865.

Benton County

Chartered February 28, 1898.
Officers
J, T Edmondson__
. ____ President
.Vice President
Philo R odgers___ _
. . Cashier
Tom Cawood- - ....
Asst rtnshicr
Cther Kindley

Transit Number 81-269
Directors
Stokes Ballard
Allen McAllister
Tom Cawood
C. E. McAllister
J, T. Edmondson, Sr, Philo Rodgers
J. T. Edmondson, Jr,

STATEAiKNT OF JUNE 30, 1944
Resources

Loans and discounts______ $102,986.33
Overdrafts _ _____________
1,141.01
U. S. Gov’t obligations____ 328,300.00
Other bonds and securities
6,026.20
Furniture and fixtures____
1,000.00
Banking house ......
2,300.00
Cash and due from banks. 399,395.73

Total

-$841,149.27

Liabilities
Capital stock _____________$ 25,000,00
Surplus fund _____________ 10,000.00
10,983.06
Undivided prpfits ________
Demand deposits ________ 715,268.07
Time deposits ___________
77,312.05
Public funds _____________
2,586.09
Total deposits -$795,166.21
Total

.$841,149.27

FARMERS BANK, GREENWOOD

Pnpula*)'*r, 1.219.
<’bartered Angus! 7.1907.

Officer
W X Aiikimon
.. President
B. L. Ware . . . . .
Vice President
1. M. McClendon _
Vice President
Means Wilkinson _
. . . . . .Cashier
Alice Holland
Asst. Pushier
Goo A Henry
..A s s t, Fashier

Sebastian County
Transit Number 81-226
Directors
Mrs. W. Lee Been B. L. Ware
Chas. O. Bell
Means Wilkinson
J. L. Johnson
W. N. Wilkinson
Grey McClendon
I. M. McClendon
Chas. E. Osborn

STATEMENT OP JUNE 30, 1944
Resources
Loans and discounts_____i
U. S. Gov’t obligations....
Other bonds and securities
Furniture and fixtures __
Banking* house __________
Other real estate_______
Cash and due from banks

T otal .. .....




170,653.49
272,500.00
82,546.91

1.00
1.00
1.00
521,898.08

... -$1,047,601.48

Liabilities
Capital stock __________-l
Surplus f u n d ______ ___
Undivided p r o f i t s ______
Demand deposits _______
Time d e p o sits__________
Public f u n d s ___________
Total dep.
984,838.13
T otal ...

25.000.

00

25.000. 00
12,763.35
699,237.31
145,925.24
139,675.58

.$1,047,601,48

48

State of Arkansas: Bank Department

THE FIRST BANK, GRIFFITHVILLE
Population, 224.
Chartered November 8, 19
O fficers
Jas. A. Neaville, Sr.______ President
A. H. Hudgins_____ ,___Vice President
Ralph Neaville______ _________Cashier
STATEM ENT €

White County
Transit Number 81-347
Directors
Mrs. Claudia L. Grissom
A. H. Hudgins
N. B. Smith
Jas. A. Neaville, Sr.

JUNE 30, 1944

Loans and discounts--------- $ 18,896.19
U. S. Gov’t obligations____ 25,090.00
Other bonds and securities
810.59
Furniture and fixtures____
450.00
Banking house _________
1,650.00
Other real estate_________
1.00
Cash and due from banks_ 131,241.72

Liabilities
Capital s t o c k * ____________f 8,500.00
Surplus fu n d -----------------1,500,00
Undivided p r o fits ________
1,017.15
Reserves ________________
689.76
Demand d ep osits_________ 153,214.48
638.46
Time d eposits___________
U. S. Gov’t deposits _____
93.75
Public funds ____________ 10,195.90
Total deposits -$184,142.59

T o t a l_________________ $175,849.50

T o t a l_________________ $175,849.50

Resources

♦ First preferred stock with par value o f $1■,000.00 and com m on stock
$3,500.00

with

par

value

of

CLARK COUNTY BANK, GURDON

Population, 2,045.
Chartered August 4, 1900.
Officers
F. H. Rudolph_______.______ President
J. E. McMillan________Vice President
W. Roy Abbott______________ Cashier
Mrs. Lewelyn Edwards-_Asst. Cashier

Clark County
Transit Number 81-349

Directors
W. Roy Abbott
H. T. Ross
Jas. C. Hobgood
F. H. Rudolph
D. W. McMillan
J. E. McMillan

STATEM ENT OF JUNE 30, 1944

Resources
Loans and discounts— ___ $118,576.45
Overdrafts ______________
30.70
U. S. Gov’t obligations___ 150,600.00
Other bonds and securities 58,085.00
Furniture and fixtures___
980.00
Other real estate_________
1.00
Cash and due from banks- 204,601.38

Total




.$532,874.53

Liabilities
Capital s t o c k ____________ $ 25,000.00
Surplus f u n d ____________ 10,000.00
Undivided profits _______
7,780.39
Demand deposits ________ 355,192.02
Time d eposits___________ 68,050.36
U. S. Gov’t deposits______ 36,604.00
Public funds ____________ 30,247.76
Total deposits -$490,094.14
Total -

1532,874.53

Thirtieth Annual Report

49

FARM ERS BANK, HAMBURG
Population, 1,939,
Chartered March 10, 1941.
Officers
W, E. Foote________ _____ --President
Frank N. P u g h -- - - - - - -Vice President
S, A. Wilcoxon___ _____.Vice President
Leslie J. Serrett_________ ___-Cashier

Ashley County
Transit Number 81-181
Directors
W. E. Foote
Leslie J. Serrett
Leroy Higginbotham B. R. Smith
Murphy Jones
V, W. Walker
Frank N.Pugh
S. A, Wilcoxon

STATEMENT OP JUNE 30, 1944
Resources

Loans and discounts--____ $ 31,473.6(1
U. S, Gov’t obligations___ ' 656,900.00
Other bonds and securities
4,000.00
Cash and due from banks- 322,086.47

Total _ ________ ____---$914,460.13

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund _____________
5,000.00
Undivided profits _____
15,601.54
Demand deposits ________ 812,499.66
Time deposits __________
18,668.98
Public funds _____________ 37,689.95
Total deposits -$868,858.59
Total ......__..................

*914,460.13

CALHOUN COUNTY BANK, HAMPTON
Population, 686.
Chartered October 26, 1906.
Officers

B. W. Harrell----------- -—-------- President
Searcy Harrell--Vice Pres. & Cashier
Mary Harrell___ __ ____ Asst, Cashier

Calhoun County
Transit Number 81-353
Directors
John E. Hearnsberger
B. W. Harrell E. C. Johnston
Fay Harrell
I. C. Strickland

A. B. Garrett

Searcy Harrell
STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______ $111,668.84
Loans on commodities____ 110,600.00
U, S. Gov’t obligations____ 221,000.00
Other bonds and securities 62,991.36
Furniture and fixtures____
1,600.00
Banking house __________
5,500.00
Other real estate-________
2.00
Cash and due from banks.. 159,685.39
Total ...

.................... --$673,047.59




Liabilities
Capital stock
25.,000,.00
Surplus fund
8.,000..00
Undivided profits
. ..
11.,886,,71
Demand deposits
454,,114,,96
Time deposits
42,,588,,42
U. S. Gov’t deposits . _ . _ 39,,580..25
Public funds
91.,877,,25
Total deposits _$628,160,.88
Total

_ ...

_ __ --$673,,047,.59

50

State of Arkansas: Bank Department

THE BANK OF HARRISBURG, HARRISBURG
Population, 1,193.

Poinsett County

Chartered December 2, 1930.
O fficers
T. T. Mardis----------------------- President
John Gant_____________Vice President
H. Frayser___________________ Cashier
Mrs. D. M. Mardis______ Asst. Cashier

Transit Number 81-693

Directors
John Gant
T. T. Mardis
Mrs. D. M. Mardis

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ f 85,906.21
Loans on commodities____
2,512.32
U. S. Gov’t obligations____ 285,100.00'
Other bonds and securities
70.00
Furniture and fixtures____
584.40
Cash and due from banks. 249,210.37

Liabilities
Capital s t o c k _____________§ 25,000,00
Surplus f u n d _____________
7,500.00
Undivided p r o f i t s ________
2,450.94
Demand d e p o s it s ________ 564,326.96
Public funds _____________ 24,10-5.40
Total deposits .$588,432.36

Total __________________ $623,383.30

T o t a l ___________________$623,383.30

THE SECURITY BANK, HARRISON
Population, 4,238.

Boone County

Chartered November 20, 1931.
L
T.
C.
E.

Officers
.A. Watkins______________ President
C. Heuer___________ Vice President
C. Alexander_V. Pres. & Cashier
R. Tims______________Asst. Cashier

Transit Number 81-704

Directors
C. C. Alexander
D. E. Fitton
Roy L. Baker
T. C. Heuer
J. M. Bullock
R. W. Milum
A. C. Christeson
W. O. Newton
F. L. Coffman
L. A. Watkins

STATEM ENT OF JUNE 30, 1944
Resource1'
Loans and discounts_____S 456,123.45
O v erd ra fts______________
233.90
U. S. Gov’t obligations.902.075.00
Other bonds and securities
55,556.93
Furniture and fixtures __
1.00
Banking h o u s e _________
1.00
Cash and due from banks 2,220,930,22

T otal .




.$3,634,921.50

Liabilities
Capital s t o c k ___________$
60,000.00
Surplus f u n d ___________
80,000.00
Undivided p r o f i t s ______
29,215.72
Demand d e p o s its _______ 2,908,895.42
Time deposits _________
349,961.20
U. S. Gov’t deposits____
30,226.46
Public funds __________
156,187.61
Deposits o f banks______
20,435.09
Total dep. ..$3,465,705.78
Total .

. $ 3 , 634 , 921.50

Thirtieth Annual Report

51

THE CLEBURNE <'OTNTY BANK, HEBER SPRINGS

Population 1,656.

Cleburne County

Chartered December 16. 1030.
Officers
0 . B, R o b b in s .-, . ________ President
Louis S teek er. ___ --V ice President
Howard J o h n s o n _____Vice President
W, C. Johnson. _ _V. Pres. & Cashier
Nevalynn Johnson__
Asst. < ashler

Transit Number 81-175

Director-'
W. L. Deal
Howard Johnson
L. E. Robbins

STATEMENT OF JUNE
Re-'tiurc'-'.
Loans and d iscou n ts..-- $ 2H3 165.15
155.700.00
Loans on commodities396.541.53
U. S. Gov’t obligations.
Other bonds and securities
67.577.20
Furniture and fixtures .
1.000.00
__ - .
6 .000.00
Banking house
715.175.19
Cash and due from hank*

Total

O. B. Robbins
Dpie Rogers
Louis Stocker

O. C. Dick.-u:,
W. R. Griffin

1944

LiahilitieCapital stuck . _
_ . $ 30,000.00
- .
15,000.00
Surplus f u n d __
15,600.89
Undivided profits ___ _
Demand deposits . _ - _
1,363,307.84
Time deposits
_
7,305.34
Public fu n d s ___ __ „ .
96,732.50
Deposits of banks
17.212.50
Total dep . SI ,481,558.1 v

,$1,545,159.07

Total .....

--$1,545,159.07

GUARAN TY LOAN AN1) TRUST COMPANY, HELENA
(N ot engaged in commercial hanking)
Populate*)i, 8,450.

Phillips County

' ’bartered Lebrun r\ 9, 1910.

OfiicmMrs. M. R. Ready

Dewey Moor*-

Transit Number 81-64

Director"
_ .President
Viee President

_ .Secretary
T i '-usurer

Mrs. H. E. done'--

H II. Whit**

R. T. Doughth . Jr. Mrs. M, R. Rea.h
S. H. Hurst
H. G. St< phens
Dewey Moore
-L P. Swift
E. C. Nelson

STATEMENT OF JUNE dtp 1914
Resources
Loans and discounts.

8 42.951.01

Overdrafts
-- .
IL S. Gov’t obligations _
Other bonds and securities<
Furniture and fixtures . .
Other real estate--. .
(’ash and due from banks
Other resources

Total .

_ _




_

8.88

s,500.00
2,500.00
1,000.00
2.00
82.425.08
1.620.00

-$ 92,006.97

IJahilitieCapital stock ___
.
Surplus fund
__ . . .
Undivided profits . _
Reserves
.
__
Other liabilities _ . .

8 5(1,000.00
10,000.00
6,181.19
817.70
25,508.08

Total - ____- _______ _92,006,97

52

State of Arkansas: Bank Department

VALLEY BANK. HINDSVILLK
Population, 262.

Madison County

Chartered November IS, 1607,
Officers
Adry Gaskill_________ ____President
11. L. Mayfield________ Vice President
Wm. B. Bunch__________ ______Cashier
Fred E. Reed__________ Asst. Cashier

Transit Number 81-.‘>62

Win. B. Bunch
O. P. Fitch
Adry Gaskill

Directors
Tom Hargis
Lloyd A. Linebargei
II. L. Mayfield

STATEM ENT OF JUNE 60. 1644
Resources
Loans and discounts___ _ .$ 64.650.58
U. S. Gov’t obligations___
00.800.00
Other bonds and securities
0,000.00
Furniture and fixtures
475.00
Banking h o u s e ________ 900.0(1
Cash and due from banks
*3.893.21

Liabilities
$ 10,000.00
Capital s t o c k ___ ______
Surplus f u n d ___ ______
10,000.00
Undividi d p r o f i t s ________
3,592.19
Reserves . _______
3,000.00
Demand deposits ...
. . . 119,335.17
Time deposits ____
60,800.43
Public funds ____________
13,000.00
Tula I d e p o s i t .8193.135.60

Total _ ............. ....___... ..8219,727.79

Total ... _________________ $219,727.79

BANK OF HOLLY GROVE. HOLLY GROVE

Population. 755.
Chartered March 12. 1903
Otl'irerM. P, W a lls. . . .
. ..P w sid e n ;
J. 1. Matthews___
Vice 14 . -idem
Taylor Claiborne._
r
Mary Patterson... . -------A-sl. t a-leer

Monroe County
Transit Number 81-275
I>. J. Lambert
•I. 1. Matthews
J. W, Mayo
P. C. Mayo

Directors
M. Ft Walls
O. M, Washington

STATEM ENT OJ JUNE 30, 19 14
Resource s
_8 95 .603 .49
Loam' anti1 discounts
6,0 .600 .00
Loami on comm edit ies
ISO.04
Oven Ira ft i
U. S, Gov’t obligations
_ 170.,400,.00
Othei • 1onds and seeuritie s 74,,150 .00
Fund lure and fixtures. .
1.,00
.700 .00
Bank! 11- 1muse _____
3,00
Other real estate
. __
Cash and due from banks . 146,.194..52
Tot al _




.$556.,432. 0f>

Liabilities
Capital s to c k ___
_ .
30.009.0o
Surplus f u n d _____„. ____
30.000,00
Undivided profits _ _ _ _
8.040.72
Demand deposits ______
313,865.30
Time d e p o s its ____ __ _ _ 33,117.62
U. S. Gov’t deposits___ _ 62,519,75
Public funds __
______
78,888.66
Total deposits .$488,391.33
T o t a l ____ _________

._

$556,432.05

'Hurt i tfi Amnio I Report

53

HORATIO STATE BANK., HORATIO
Population, 809.
Chartered May 15, 1905.
OfficerG. E, Hendrix
- - President
Vice President
F . R, Ethrid t i e ,
_i Fishier
Mazie Gallaher
Asst S«j--r*4;irv
f.flh S. Hep drk

Sevier County
Transit Number 81-342
DirectorO. T. Brinkley
L. 0. Shull
F. R. Ethridge
<7 E. Hendrix
Airs. A. C. Jacobson

s J' -VTE T F.N’ T OF JCXE :;n. 1914
Resource
(ton a- aim •nscouiits.
8 s,s,22>.03
Feans on umnodifk 1 ’ ..’>00.00
00.75
(IverdraC ■
C. S. Go-F 'Fiiiratioh! 7 hi i2.(0»
|?
' ,-00,ns
•Itlu'i 1n»r •S-• and
TOO,0*1
Furnitim a>
other real ••stale
192.0*1
<’ash and T fr eas bn art io i ud0.f>2
' 7.7,no
<>rht«r re- -a

LiahiiiuT8 20,000.0o
<‘apital stock
Surplus fund .
5,000.00
Cndivided profits __
1.312.19
I t'tnahd deposit329,913.98
42.073.63
liinc deposits
C. S. Gov't deports
19,043.17
22,716.98
Public fund__
Total •!<a>osjts 9113,752 7! 1
............

4 Me <<0 >.ps

Total

Tot;* ‘

8440.06 1.98

VRK \NS \S IIH SI < OMP ANY, HOI’ SHRINKS
" , ,;’ 7*E

!op

( S'.i rto: «*, s \'i*"

1, m»7

•i a H a m ' * '<>uh \

CVui-P Xunihi-r x I -A 5

<M’f i r e " -

1 Bury\ i ,
; h , ,<i'\ ’
E AI T1-",

E"<

Vie- P> <u-li‘iu

■
I1

I), Jacks*.t
1 L Thou,
F A Hoo-7
Nbc » , \i, ,

D irector-

T o -aden*

V

IT

\’ i '*• I J ‘a ■• ...a ! 1 - A l l '" '

<i,

A --’

■ (X, u>r

A »
>

-ha ■

\ -

i h Bnruum- r
> h, i'hh'm A. Unfit
i ! « " U i: J.,> ivviili
• a il K. W k o

Ti'.inr- 11 '- ovum.

FI-yd F Tf*mnps<o
F aitaa1 U ITra-T Ir

i \ I’ l •i * \ T

OF

n

NO

a*

",»} I

Resource !
'HO
1m-rdraCF S. irtC

I Jabilitie

-counts...._

ii <1<'.»•;!
»v ;M)i <l •av<i -> •rum a
Fnmitim , > >! fix Urn -

!

Baukiny hno-u
Other r* N --a atthash tie' T • 11

N, u

. W Uhl- a
Wa r '
i E rr.’ 1- Triiii;f'if4

>httMEai

uck

•1S 5 !
N'/.ux>;, ; |

Surplus fc»H'

IT •,7 - ! 7 * 7

Ue<oiv< -

<' i•iiivi<1* >I p r o f i t -

' “ ,949.71

Ihiiiaiiil tiejio-it -

is (HK).Ot)

Time depnsit.G S. Gm F ilejac-.M «

IT.no
ii j uvo.iii

Other resources

__ .
Pithlie PiSld[7*ta! 'jet,
STrtG .To'klT

*)t her hahilft s«--,
I l.fu



77,'T1.7,936 a I

Total .. ...... ...........

S 21)1) IMThii<*
•40.iHH),00
)04.730.s2
15,043,0-

A.457 <51.55
715,20(5.'* j
028,732.43
TTO.oTT.O"
24.2 i I.05
87.945.930.04

54

State of Arkansas: Bank Department

NEWTON COUNTY BANK, JASPER
Population, 412.
Chartered March 24, 1903.

Newton County
Transit Number 81-371

Officers
W. W. M oore ____ __________President
W. J. Pruitt__________ Vice President
S. L. Nance_________________ Cashier
Mrs. Goldie Ham_______ Asst. Cashier

J. W. Moore
0 . A. Moore
W. W. Moore

Directors
S. L. Nance
W. J. Pruitt

STATEM ENT OF JUNE 30, 1944

Liabilities

Resources
Loans and discounts______ $ 34,886.52
Overdrafts _ _____________
11.08
U. S. Gov’t obligations___
86,000.00
Other bonds and securities
2,407.31
Furniture and fixtures___
200.00
Banking house __________
1,050.00
Cash and due from banks_ 407,674.02

Capital s t o c k * ____________f 25,000.00
Surplus f u n d _____________
3,400.00
Undivided p r o f i t s ________
4,043.29
Reserves _________________
700.00
Demand deposits ________ 455,787.73
Public funds _____________ 43,297.91
Total deposits _$499,085.64

T o t a l______________ — $532,228.93

T o t a l____ _____________ $532,228.93

* First preferred stock with par value o f

$17,000,00.

$8,000.00 and com m on stock with par value o f

CITIZENS BANK OF JONESBORO, JONESBORO

Population, 11,729.
Chartered July 25, 1919.
Officers
M. L. McKinney__________ President
S. V. McKinney ______ Vice President
J. E. McKee__________ Vice President
C. V. McKinney_____________ Cashier
Gerald McGhee________Asst. Cashier

Craighead County
Transit Number 81-613
Directors
C. V. McKinney
S. V. McKinney
M. L. McKinney

STATEMENT OF JUNE 30, 1944
Resources

Liabilities

Loans and discounts____ S 809,492.80
Loans on commodities__ 1,159.877.18
Overdrafts _____________
2.71
U. S. Gov’t obligations- _ 2,387,282.41
Other bonds and securities
1,632.68
Furniture and fixtures__
6,601.54
Cash and due from banks 1,113.999.95

Capital s t o c k --------------- $ 100,000.00

Total 


.$5,478,889.27

Surplus fu n d ----------------50,000.00
Undivided p r o fit s ______
56,591.25
Demand deposits_______ 2,451,691.10
Time deposits__________ 1.271,287.18
U. S. Gov’t deposits____
978,851.99
Public fu n d s ___________
521,958.34
Deposits of banks_______
48,509.41
Total dep. __$5,272,298.02
Total _

$5,478,889.27

Thirtieth Annual Report

55

Mhl't \AMLK BANK JONESBORO
Population, 11,729.
Chartered January 7, 1932.
Officers
Chas. D. Fi*iarson .
__ President
G.
S m ith -.................Viet President
Nathan D outsell V. Pres, & *Ashier
R. W. Higginbotham- Asst. Cashier
Alberta Dickson.
_
As,-f, ( ‘ashler

Craighead County
Transit Number Hi-72
Directors
Nathan Deutsch
J. Paul Smith
A. Faught
J. Lan Williams
Chas. D. Frierson
G. G. Smith

STATEMENT OF JUNE 30. 1944
Resources
Loans and discounts
. $ 763,252.91
Loans on commodifies _
2s.433.37

Overdrafts

. _

_

4.64

17 S. Gov’t obligations-- 2,396.844.30
Other bonds and securities
122,417.79
Furniture and fixtures
7.930.00

Banking boos

_

_

1I,200.00

East and due from banks

559.980.90

-13,831,093.91

Total

Liabilities
Capital stock ___
___ $ 150,000.00
Surplus f u n d __
05,000.00
Undivided profits
_70,655.00
Demand deposits
- 2,007,556.33
Time deposits __
_
823,221.78
D. S, Gov't deposits. 417,171.70
Public funds __ _
,
260,742.46
Deposits i*f banks. __ _
27.746.55
Total dep. --83,545.438.82
$3,831,093,91

Total

FARM ERS AND MERCHANTS BANK, JUDSONIA
Population, 1,011.
Chartered May 29, 1913.

White County
Transit Number 81-549

Officers

Directors

John A. Henson____________ President
J. H. Graves___ _____ Vice President
J. C. Rhew_________ --V ice President
W. R. Felts____________ Vice President
P. E. Bauer__________________ Cashier
R. C. Willeox ........ . _____ Asst. Cashier

W. R. Felts
J. H. Graves
John A. Henson
J. C. Rhew

O. C. Waller
Roy E. Waller
Edgar Wright

STATEM ENT OF JUNE 30, 1944

Resources
Loans and discounts______ f 97,057,97
U. S. Gov’t obligations-__ 190,500.00
Other bonds and securities
450.00
Furniture and fixtures____
1.00
Banking house ___
2,250.00
Cash and due from banks. 272,456.78
Total




.$562,715,75

Liabilities

Capital sto ck ______ ______ f 17,500.00
Surplus f u n d _____________ 17,500.00
Undivided profits ________
10,395.35
Demand deposits ________ 496,860,04
Public funds _____________ 20,460,36
Total deposits -$517f320‘.40
Total

.$562,715.75

58

State of Arkansas:■ Bank Department

UNION STATE BANK, JUNCTION CITY

Union County

Population, 797.
Chartered August 28, 1933.

Officers
I, A. Brinker___ ______ ____President
P. E, Murphy — _V. Pres, and Cashier
H. M. Kinard----- ------ _Viee President
H. E. Kinard----- — ____Asst. Cashier

Transit Number 81-232
I. A. Brinkep
O. H. Goodwin
H. E. Kinard

Directors
H. M. Kinard
P. E. Murphy
H. J. Williams

STATEMENT OP JUNE 30, 1944
Resources
Loans and discounts______S 54,973.82
Loans on commodities_____
4,404.57
U. S. Gov’t obligations___ 322,770.00
Other bonds and securities
7,001.71
Furniture and fixtures___
700.00
Banking house __________
4.100.00
Other real estate_________
1.00
Cash and due from banks _ 214.434.32

Liabilities
Capital s t o c k ____________8 25,000.00
Surplus f u n d ____________ 12,500.00
Undivided p r o fit s ________
3,580.08
Reserves _ ___
2,000.00
Demand deposits ______
456,002.37
Time deposits ___________ 48,912.78
U. S. Gov’t deposits_____
36,330.77
Public funds ____________ 24,059.42
Total deposits -$565,305.34

Total _________________ |608,385.42

- 8608.383.42

Total

BANK OF KEN SETT, KENSETT
Population, 827.

White County

Chartered February 17, 1922.
Officers

A. P. M ills-________________ President
John H. Johnston______Vice President
Mrs. Thelma Roth___________ Cashier
Mi ss Dorothy Pryor___ Asst, Cashier

Transit Number 81-649

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

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts___ 8 3.726.33
U. S. Gov't obligations- 29.000.00
Furniture and fixtures___
740.00
Banking house _________
3.423.00
Other real estate____ ___
! .00
Cash and due from banks . 1"A.004.18
Other resources
_
.
500.00
B.

Total

___ __

__ $225,396.53

Liabilities
f ’npiTul stock __ _
_.$ 17.3u0.00
Undivided profits
_. _
4,123.65
Demand deposit- . _____ 186.209.24
Time deposit- __ ___
1,056,00
Public fund- ___
16.507.64
Tom] deposits 8203,772.88
----------- —
Total

_____

_______ 8225,396.53

* First preferred -dock with par\ ul )»• o f ST.l'tti.oti and cuminuri Mock with par value o f SlOJoO.OO




Thirtieth Annual Report

m

BANK OF KEO. KKO
Papulat'Dii, 253,

<'bartered .In-ma ■• Ik. 1920.

Lonoke l ' mi nt y

Tran.-i* Number XI-tiki
Director."

Officer."

F. ( ‘otemnn
C. ( ’obi)
„.
\ B. Cobb-

.

., President
._Vine President
_ Vn e President

_

I F Coffman

-

A. B. Cobb
.J. D. Cobb
S. C. Cobit

J. F. Coffman
W. F. Coleman

<'asliier
ST \TK.MEV! OF •MINE 60 1044

Resource"
I '**:i:<> a»;«i discountsS
Loans on «(>mtn<i<lities
V , S. (inv'' obligations .
<>thor b-'.iiT and seetiritn-.,
K-irndm'.- and fixtmms
’a" - •i>e' cm f <>na b a rb '

Total

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

ri.032.44
2O.iHJ0.0U

"><5,000.00
'..110,22
1,00
1 -.200.70

S! ; |in }2

Liabilities
Capitol stock _
.. _
$ 15,000.00
Surplus fund _
5,000.00
Cndivided profit" . _ . ..
2,551.47
88,358.39
Demand deposit"
Time deposits
__ . . .
2,100.00
Public futid"
20,400.56
Total tom-xifs _S1jn,S5S.95

Total ...

....... ........ . .... $133,410.42

f! VNi\ n r KINGSTON. KINGSTON
Popula

a;,, dud.

a n ■, .. \m•ii 7, 1911.
<Ht it »*i „
\ i; to i , >
President
iff.-.
T »>n Itot
.......... _Vice to
H B J l t o r t o en.. _........Vice ) ’ '*• "t.imtf
M d e to
f aaiiit
W •• V, B mV ................Asst i ’ tto'i.T

Madison s‘.»uot>
[torn"’ ! toinibcv <1 Id"
\ fi. H r-d i
Wilson Bunch
Wm P, Bmteb

i cm \f F x r , i ' HCNil
lt t-MHi fi t 1,(juris and dis< -uto
U to 1, •• ‘ M
Oi' i’ C b >; , ;i rid securities
V ’ UUtl'! i ,,sd 1’ \ 111! ■’ .
B;inking- house
; ,,0 ■
O'»f •
ate...... ..........
ish an cl due ><m •m to

Total

A to 22
- ] S' M1JIII
Luiio,oo
100.00
200.0-1
Ton
J , An i)e

........................$234,669.22




Director"
Tom Ha runs
B M i-Crack-T

o to ll

IdihilitiP"
£. 10.UOO.00
' a ! 0 1 - ‘ .tfd. .
to.rpin-, fund .
10,000.00
2.711.75
ttodivid d profit"
2.000.00
IT sorv'"
161,576.80
Dmtuiito depose - _
Time
posits
49,380.07
'.i.odti no
!*■ bp to mis
to '-, ,, nosits Spot* 967 47
Total

................................. $234,669.22

58

State of Arkansas: Bank Department

BANK OF LAK E VILLAGE, LAK E VILLAGE
Population, 2,045.

Chicot County

Chartered October 14, 1937.
Officers
James Hammond_Chairman o f Board
Dr. B. C. Clark____________ President
R. H. Meyer__________ Vice President
E. T. Cashion________________ .Cashier
Catherine W offord _____ Asst. Cashier

Transit Number 81-598
Directors
Ben Angel
W. C. Lovette
E. T. Cashion
R. H. Meyer
Dr. B. C. Clark
J. B. Gillison
James Hammond

STATEM ENT OF JUNE 30, 1944

Resources
144,621.00
119,614.85
454.41
519,703.13
25,490.00
1.00
13,000.00
639,217.58

Liabilities
50.000,00
Capital s t o c k ___________ $
Surplus f u n d ___________
40,000.00
Undivided p r o f i t s ______
1 i .911.16
Demand d e p o s its ________ 1,043,372,92
Time d e p o sits___________
75,410.16
U. S. Gov’t deposits____
84,494.19
Public funds ___________
150.913.54
Total dep. --$1,354,190.81

T o t a l___ - ____________ $1,462,101.97

T o t a l_________________ $1,462,101.97

Loans and discounts_____$
Loans on commodities__
Overdrafts _ __________

U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures- _
Banking h o u s e _________

Cash and due from banks

CITIZENS BANK OF LAVACA. LAVACA
Population, 340.
Chartered May 5, 1910.
Officers
Sam E. W est_President and Cashier
J. S. Coffm an________ Vice President

Sebastian County
Transit Number 81-378
J. S. Coffman
I. H. Fielder
Sam E. West

Directors
W. D. West, Jr.
Warren W est

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ $ 29,838.66
U. S. Gov’t obligations.____151,014.45
Other bonds and securities
8,424.54
Furniture and fixtures____
226.00
Banking h o u s e __________
900.00
Cash and due from banks- 153,188.50

Liabilities
Capital s t o c k _____________ $ 15,000.00
Surplus fund _____________
5,000.00
Undivided profits ----------1,604.57
Reserves _________________
1,000.00
Demand deposits ________ 249,996.24
Time d e p o s its ____________ 10,582.98
U, S. Gov’t deposits______ 18,303.46
Public funds _____________ 42,104.90
Total deposits -$320,987.58

T o t a l ____________________$343,592.15

Total ____________________ $343,592.15




59

Thirtieth Annual Report

LITTLE RIVER BANK, LEPANTO
Population, 1,198.

Poinsett County

Chartered November 21, 1919.

Transit Number 81-622

Officer-

Directors

D, F. Port is. , ____ . ___ President
Vice President
B. H. Murphv_. __ .
A. T. BelL *___ . . . . _ . __ Cashier
Mrs. R, L. White
_ Asst, Pashier

A. T. Bell

D. F. Portis
J. C. Portis
Oscar Weems

E. P. Burton
Wavne Eason

B. 11. Murphy

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts_____ $213,998.58
Loans on commodities___ 154,646.24
Overdrafts . ____________
7.40
U. S. Gov't obligations-___ 251,600.00
Other bonds and securities
750.00
Furniture and fixtures___
1.00Cash and due from banks- 371,501.91
Other resources__________
1,365.06

Liabilities
Capital stock ___________$ 25,000.00
Surplus fund ____________ 45,000.00
Undivided profits ________
5,845.54
Demand deposits ________ 741,223.18
Time deposits ___________ 18,262.49
U. S. Gov’t deposits ____
52,471.91
Public funds ____________ 106,067.07
Total deposits -$918,024.65

.$993,870,19

Total ...... ...........- .... ...... 1993.870.19

Total

PEOPLES B YXK AND LOAN COMPANY. LEW ISVILLE
Populat tor. 1,314.

LaPayitte Count)

l ’bartered Align- t 25. 1911 .

Transit Nunihei 81-475

Officers

W, I). Stewart
J. B. Burton.
.
T P. LeMav . .
J, <3 Landes _

1H-eclnr-

President
Vico President
Vice President
t ’ashier

,1,11. Burton
P. D. Burton

T. P. L<•May
W. It Stewart

•I F. Landes

STATFM EXT OF JUNE 3d, 1944
Resources
Loans and discounts
8 h'<,523 ‘
296.18
Overdrafts
lb S. Gov’t obligations-..- 125.500.00
Other bonds and securities ”0,896.45
Furniture and fixtures
1,103.50
3,150.00
Banking house
2.00
)ther real estate
- - __
Cash and due from hanks 24 -4 59.27
2.188.05
Other resources ..
Total




--

8I99.sl9.tl0

<’apital stock
Surplus fund

1Aa hi lit it—
___ __

$ 30.000.00
20,000.00
5.924.57
Undivided p rofits______
Demand deposits __
501.241.43
_ 69.052.05
Time deposits -U. S. Gov’t deposits. _
83.287.39
87.313.58
Public funds
. .
Total deposits .$740,894.41A
—

Total

.
-$796,819.00

60

State of Arkansas: Bank Department

BANK OF LINCOLN, LINCOLN
Population, 720.

Washington County

Chartered March 19, 1903.

Transit Number 81-384

O fficers

Directors

W. T. Shannon---------.--------- President
J. A. English_________Vice President
B. J. Basden_______________ Cashier

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

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

STATEMENT OB1 JUNE 30, 1944
Resources
Loans and discounts______$113,653.46
Loans on. commodities-__ 20,796.20
U. S. Gov’t obligations___ 211,560.00
Other bonds and securities 41,945.00
Furniture and fixtures___
300.00
Banking hou se__________
200.00
Other real estate-__ ____
1.00
Cash and due from banks_ 150,953.61
250.00
Other resources _________
Total _ _______________ $539,659.27

Liabilities
Capital stock ...
_____ $ 25.,000..00
Surplus fund
_____
10.,000,.00
Undivided profits . ___ 13.,485,.64
Demand deposits
410,324..78
Time deposits _
— _
49.,669.,70
U. S. Gov’t deposits.____
17.,006.,00
14,173 .15
Public funds
Total deposits -1491,,173.63
Total

__

. .. _____ $539 ,659.27

METROPOLIT AN TRUST COMP ANIL LITTLE ROCK
(Not engaged in commercial banking)
Population, 88,039
Chartered June 5. 1925.
Officers

Justin Matthews, Jr.______ President
John P. Matthews____ Vice President
Somers Matthews_________Treasurer
Freda ¥, Halbrook__ Asst. Secretary

Pulaski County
Transit Number

Directors
Anne M. Glenn
Somers Matthews
John P. Matthews
Justin Matthews, Jr.

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts_____ $ 85,506.84
U. S. Gov’t obligations-.__
300.00
Other bonds and securities 128,342.39
Furniture and fixtures__ _
5.00
Other real estate_________ 63,623.96
Cash and due from banks... 29,994.25
Other resources _________ 64,328.36
Total




.$372,100.80

Liabilities
Capital stock ___________ $250,000.00
Surplus fu n d ____________ 25,000.00
Undivided p r o fits ____ ______34,641.66
Reserves - ______________
557.10
Other lia bilities_______
61,902.04

Total

___$372,100.80

61

Thirtieth Annual Report

W l i WORTHEN <OMPANA BANKERS, LITTLE ROOK
Populai ton. 88.039. Pulaski Oouitn
1 ’bartered Ati-j usf 4. 1902, Transit Numb*, r 81-7

Directors

( officers
Emmet Moms
< diairmae <>f Board
President
James H. Pet nek
Geo. G. W..rili<-ti- _ . , \ ict P< esid* nt
L. K. Disbongll V. Pres, an , <fishier
John Pott,Vice President
Vice President
James Ivett).
-Vic* P) essdeiit
H. M. Lroe.e
As-; < ashier
G. A. Zimmerman
Lookin’ Wort hen
As-* < fishier
iurdnet Pile
Ass*, <'ashier
l*uu Murphy
A.-s*' <'ashier
_\s<’ • sli j(>i*
K, < ( 4-nrif

M, L. IL-utn
M. S. Hem.

Melvin Lsv-w

W. ('■ A llsopp
W. K. Grow
L. E. Dishongh
G. IL H< nderson
Alfred Leymer

Kmmt t .Morris
tames H. Peniek
•John Potts
Booker Wort hen
Geo. G. Worthed

As,* Bushier
\,~ : Bushier
Fa-bier
STATMMEXT OF JUNE 30. 1944

Resources
>*
mi.09
Loan.- ’ u <k.-o,,m,s
*V (19 ! ,<> <
Loan.- ■ ’ontuiodi!
Overdraft1 11.18
1 S. *I>o '* obligate *iis
2 1 ;:v .1102.97
O'her koioG and m
WAN 141.11
’ ( i ,72"..'Hi
Furniture and >i\U- ’
>5o.ono.oo
Banking douse _ .
( a^h .and due from i auk- o: 2 ss.509.31
other » ' nrce•
<1.61 1.25

Liabilities

i ’apital ,-lock *
S {145.080,09
Surplus fund __ _ , _
500.000.00
Lndivided profit163,582.12
Reserves - . . .
174,608.51
Demand deposit.- . is.157.845.76
Time deposits
8,474.555.97
L. 8 . Gov’t deposits
4,705,549.82
Public funds . _
6.549.279.56
9.145 *14.02
I >eposit - of banks . Total dep. 845,093 .1145 19
2.159,35

Other liabilities
Tula
Total
. ,
s 10,5 5s.395.11
' f'm-t i i•i •>'«<t )i» k *,}•*\ t tl, \ '.i U, <>f *'j7 <LtmOt)H, St G->lof
S<J50JHI<< !«■ and c. irinti- r, -r.H-t. s a i.,o win- ' ,*] J.'s.dnn <n).

848.578.395,11

if -tiu-t- \»>iW par \aha* of

IUM\ Ol LO( KESBl R(L LOLKESBI RG
Population. 784. Sevier Bounty
( "harte ted Oetol.cr 1 1 . 1902. Transit Numb< r 81-3S5
PuecturOffh *t‘fs
Pi esident
M. L. Norwood. _
A. P. Boyce
M. L, Norwood
Vi<a ! ‘resident
Mary F. Hampson R. <7 Norwood
A, P. Boyce.
R f \ Norwood __
*htshk r Hugh Latimer
M 1s R f Xoi \\o,
4--* Ga-hiei
STATEMENT OF J FXE 30. 1944
Resources
I (abilitim Loans and discounts__ . > 1’ 7,844 ys < 'apital stock* ...
I ', S. G<>', h oHiget ions__

?1.050.00

Other hon<L and" seem dies
10,(501.75
Furniture and fixtures-150.00
Banking’ house
2.000.00
Gash and due from hank"- _ ! 0 7 ,2 02 .01'

Surplus fund
Undivifh d profits .
Demand deposits .. _
Time deposits _ _ . _
Public fu n d s ______ ____
Total deposit?- S25S.167.00

$ 25,000.00

3.300,00
2I-5.nod.05
2.442.73

28,038.57
10.033,78

- 8288,1109.73
Total , . . . ___
$288,909.73
lotus _
. .
* First preferred «iock wild t>„< 'line <>f $1C,500.00 and commi.r -fork . ith par i aloe <>*
$12.50!UW>




62

State of Arkansas: Bank Department

FIRST STATE BANK, LONOKE
Population, 1,715.
Chartered March 9, 1935.

Lonoke CountyTransit Number 81-200

Officers
Directors
Chas. A. Miller_____________ President
H. E. Benton
W. W. McCrary, Jr.
W. H, Bransford
Chas. A. Miller
W. H. Bransford__________________Vice President
J. J. Fletcher______ _____ Vice President
J. J. Fletcher
Guy E. Williams
Neill F le tch e r________________ Cashier
Neill Fletcher
Arthur Herring_.______ Asst. Cashier
M. E. Lyons
STATEM ENT OF JU N E 30, 1944
Rcsourct'-:
Loans and discounts______ $ 57,886.85
Loans on commodities_____ 136,800.00
U. S. Gov’t obligations____ 105.200.00
Other bonds and securities_
8,000.00
Furniture and fixtures____
1.00
Banking house __________
2,500.00
Cash and due from hanks-- 623.577.84
307.50
Other resou rces_________ .

Liabilities
Capital s t o c k * ____________$ 25,000.00
Surplus f u n d _____________ 10,000.00
Undivided p r o f i t s ________
13,688.59
R e s e r v e s _________________
5,738.37
Demand d ep osits_________ 777,396.19
U. S. Gov’t deposits_______
3,842.28
Public fu n d s ______________ 98,607.76
Total deposits_$879,846.23

T o ta l___________________ $934,273.19

T o ta l___________________ $034,273.19

* First preferred stock w ith p a r value o f $10,000.00 and com m on stock w ith p a r value o f
$15,000.00.

FARM ERS BANK AND TRUST COMPANY, M AGNOLIA
Population, 4,326.

Columbia County

Chartered September 26, 1906.
Officers
T. S. Grayson______________ President
R. S. W am ock, Jr_____ Vice President
J. B. Lee______________________Cashier
H. A. Reid______________Asst. Cashier

Transit Number 81-163
Til

R S. Foster
W. N. Paschal
T. S. Grayson
Mrs. H. G. Reeves
W. L. Jameson, Jr. H. A. Reid
J. G. Langston
J. A. W. Souter
J. B. Lee
R. S. Warnock, Jr.

STATEM ENT OF JUN E 30, 1944
Resources
Loans and discounts_____$
71,809.47
Loans on commodities___
12,700.0*0
O v erd ra fts______________
82.92
U. S. Gov’t obligations-- 2,404,032.14
Other bonds and securities 235,292.27
Furniture and fixtures_
2,000.00
Banking h o u s e _________
13,500,00
Other real estate________
42.00
Cash and due from banks 1,041,839.79
Total



.$3,781,298.59

Liabilities
Capital s to c k ____________$
50,000.00
Surplus f u n d ___________
90,000.00
28,816.28
Undivided p r o fit s _______
Demand d e p o s its _______ 2,929,073.83
Time d e p o sits___________
402,641.26
U. S. Gov’t deposits_____
105,066.32
Public f u n d s ____________
171,346.01
Deposits o f banks_______
4,354.89
Total dep___ $3,612,482.31
Total

.$3,781,298.59

63

Thirtieth Annual Report

BANK OF MALVERN, MALVERN
Population, 5,290.

Hot Spring County

Chartered June 24, 1889.
Officers
Robert Smith, Jr.___Pres, and Cashier
I. Elmo Young________ Vice President
R. R. Chamberlain_____ Vice President
Dr. W. S. Richardson_Vice President
Jester Jones___________ Asst. Cashier
Miss Hester Smith______ Asst. Cashier
Floy G. Ritchie__________ Asst. Cashier

Transit Number 81-131
Directors
Ray Boyle
Charles S. Smith
R. R. Chamberlain Robert Smith, Jr.
W. H. Cooper, Jr. J. Elmo Young
Dr. W. S. Richardson

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts_____$ 196,799.12
Overdrafts ______________
76.22
U. S. Gov’t obligations_ 1,159,241.73
Other bonds and securities
24,647.17
Furniture and fixtures-1,984.80
Banking house __________
2,725.00
Cash and due from banks
91.6,715.67

.$2,302,189.71

Total

Liabilities

Capital stock
50,000 .00
Surplus fund
25,000..00
Undivided profits _
45..604,.91
Reserves
23,206,.31
Demand deposits __ ..... 1.731 ,213,.26
Time deposits
. __
85.,473..11
U. S. Gov’t deposits__
171.,932,.11
Public funds
..154 ,760,.01
Deposits of banks
15,,000.00
Total dep___ $2,158,378..49
Total

. _

_- $2,302,189.71

PEOPLES BANK, MAMMOTH SPRING
Population, 666.
Chartered February 8, 1921.

Fulton County
Transit Number 81-645

Officers

J.. F. Martin________________ President
Dell Brown......... ........ --Vice President
Cloy H. Culver.... ............. ........Cashier

Dell Brown
Cloy H. Culver
J. F. Martin

Directors
J. R. Martin

I. M. Plumlee

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______$ 12,228.40
Overdrafts ____ ___________
11.93
U. S. Gov’t obligations____ 104,650.00

Furniture and fixtures___
140.00
Banking h o u s e ____ ,____ _
1,190.00
Cash and due from banks- 369,483.91

Total



.$487,704.24

Liabilities
Capital s to ck ____________ $ 10,000.00
Surplus fu n d ____________ 10,000.00
Undivided p r o fits _______
2,296.21
Demand deposits ________ 454,325.72
Time d eposits___________
100.00
U. S. Gov’t deposits______
1,431.52
Public funds ____________
9,550.79
Total deposits _$465,40-8.03
Total

.$487,704.24

64

State of Arkansas: Bank Department

BANK OF M ANSFIELD, M ANSFIELD
Population, 1,002,

Sebastian County

Chartered February 16, 1939.Transit Number 81-249
Officers
C. C. Graves_______________ -President
R. A. Graves__________ Vice President
I, R, Hunter________ Vice President
G. R. Holbrook______________Cashier

Directors
Gilmer Dixon.
C. C, Graves
G, R. Holbrook

J. R. Hunter
G. G. Woods

STATEM ENT OF JUNE 30, 1944
Resources
Loans and discounts______ $ 94,424,39
Overdrafts _ _____________
1,050.00
H. S. Gov’t obligations____ 442,000.00
Other bonds and securities 77,404,48
Furniture and fixtures__
1.00
Banking house __________
1.00
Cash and due from banks- 365,726,11

Liabilities
Capital s t o c k _____________$ 30,000.00
Surplus f u n d _____________ 30,000.00
Undivided p r o f i t s ________
12,806.12
Reserves _ _______________
8,195.34
Demand deposits ________ 662,263.06
Time d e p o s its ____________ 161,587.89
U. S. Gov’t deposits______ 15,754.29
Public f u n d s __ ._________
60,000.28
Total deposits _$899,605.52

.$980,606,98

Total -

Total _

$980,606,98

FARM ERS AND M ERCHANTS BANK, M A RIAN N A
Population, 4,449,
Chartered January 9, 1942.
Officers
N. C. Hodge________________ President
H. L. PettyExec. Vice President
W. V. M oye______ V. Pres, and Cashier
Mrs. Nelle R. Stallings-_Asst. Cashier

Lee County
Transit Number 81-744

Directors
M. F. Apple
Ike Panieh
H. L. Petty
Dr. N. C. Hodge
J. A. Kinard, Jr.
Harvey Wilson
W. B. Yancey
G. W. Merrifield
W. P. Mixon

STATEMENT OF JUNE130, 1944
Resources
Loans and discounts--------- $239,284.59
Loans on commodities____ 139,391.82
Overdrafts _ ____________
90.41
U. S. Gov’t obligations__ 164,000.00
Furniture and fixtures -----2,733.83
Cash and due from banks- 161,897.91
Other resources ------------50.00

Liabilities
Capital s t o c k _____________$ 50,000.00
Surplus fund ____________ 10,000.00
Undivided profits ________ 12,433.71
Demand deposits ________ 447,568.51
Time deposits ___________
8,060.00
U. S. Gov’t deposits______ 52,068.10
Public funds ____________ 115,071.93
Deposits of banks________ 12,246.31
Total deposits -$635,014.85

Total ___________________$707,448.56

Total - ________________ $707,448.56




Thirtieth Annual Report

65

CITIZENS BANK, MARION

Population, 758.

Crittenden County

Chartered March 15, 1938.

Transit Number 81-742

Officers

Perry Barton_____ ________ President
Ed Talbott___ ___ _____ Vice President
J. F. Fogleman __ ___________ Cashier
A. J. Lumpkin_________ Asst. Cashier

Perry Barton
Wilson Barton
J. F, Fogleman

Directors
A. J. Lumpkin
Ed Talbott

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts_____ 8123,264,43
Loans on commodities--... 41,400.00
Overdrafts _ ____________
58.92
U. S. Gov’t obligations___ 461,900.00
Other bonds and securities 50,017.05
1,050.00
Furniture and fixtures___
Banking house __________
2,975.00
Cash and due from banks.- 300,387.53

Liabilities
Capital stock ________
40,000.00
Surplus fund ____________ 10,000.00
Undivided profits ________ 11,086.35
Demand deposits ________ 651,005.74
Time deposits _________
43,278.15
U. S. Gov’t deposits.... ....
365.80
Public funds ____________ 225,316.89
Total deposits -$919,966,58

Total _________________$981,052.93

Total ______ ______ ____$981,052.93

MARKED TREE BANK, MARKED TREE
Population, 2,685.
Chartered March 3, 1932.
Officers
W. B. Chapman_____ ______ President
John Brunner----Exec. Vice President
L. V. Ritter____________Vice President
A. F. Falk______________ _Cashier
Dorothy Perry__________Asst. Cashier

Poinsett County
Transit Number 81-705
Directors
John Brunner
H. C. Dewey
W. B. Chapman
L. V. Ritter
Milton Craft

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts____ i
Loans on commodities__
Overdrafts ... ___________
U. S. Gov’t obligations-Other bonds and securities
Furniture and fixtures-...
Banking house _________
Cash and due from banks

Total




251,284.42
354,790.98
92.08
454,800.00
16,846.52
1,186.10
1, 200.00

271,215.08

.$1,351,415.18

Liabilities
Capital stock ________
Surplus fund ___________
Undivided p rofits........ .
Demand deposits______
Time deposits__________
U. S. Gov’t deposits____
Public funds ___________
Deposits of banks_______
Total dep. --$1,270,057.06
Total

25.000. 00
50.000. 00
6,358.12
898,625.43
1,526.00
2.00,000.00
156,408.32
13,497.31

$1,351,415.18

State of Arkansas: Bank Department

86

THE CITIZENS BANK, M ARSHALL
Population, 822,

Searcy County

Chartered February 28, 1940.

Transit Number 81-715

Directors

Officers
Mrs. Mary Massey__Pres. and Cashier
■I. C. Baker____________Vice President
Aucl Massey__________ Vice President
V. L. Massey___________ Asst. Cashier

J. C, Baker
Dewey Massey
M. F. Cash
.Mary Massey
Leonard Coffman Ancil Mays
And Massey

STATEMENT OF JUNE'' 80, 1944
Resources.
Loans and discounts______ 8115,084.78
O verd rafts_______________
5.48
U. S. Gov’t obligations___ 188,100.00
Other bonds and securities
2,708.58
2,000.45
Furniture and fixtures___
Cash and due from batiks^, 464,854.07

Liabilities

Cafdtal s to ck ____________ $ 25,000.00
Surplus fund ____________
8,000.00
Undivided profits ________
3,240,54
Demand d e p o sits_________ 580,802,97
Time d ep osits_____________ 22,877.75
U. S, Gov’t deposits_______
7,500.00
Public fu n d s ______________ 77,279,98

Total deposits, _S688,260.70
T o ta l___________________ §722,501,24

T o ta l___________________ S722,501,24

BANK OP M ARVELL, M ARVELL
Population, 830.
Chartered January 8, 1903,

Phillips County
Transit Number 81-393

Officers

Directors

F. H. Webster____ .___Vice President
Rachel S w i f t ________________ Cashier
H. B, W illis_____________Asst, Cashier

Edmund Hirsch
Weldon Jackson
Guy Robinson

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

STATEMENT OF JUNE- 30, 1944

Resources
Loans and discounts______ $131,815,22
U, S. Gov’t obligations____ 131,600,00
Other bonds and securities 24,000,00
Furniture and fixtures____
1,800.00
Banking h o u s e ____________
4,600,00
Other real estate_________
842,47
Cash and due from banks__ 142,612.07
T o ta l ^




.$436,889.76

Liabilities
Capital s t o c k _____________$ 25,000.00
Surplus f u n d _____________ 22,500.00
Undivided p r o f i t s ________
7,659.85
Demand d e p o sits________ 358,082,85
Time d ep osits_____________
5,250.00
Public fu n d s ______________ 18,377.28
Total deposits. _$381,710.11
T o ta l _

.$436,869,76

Thirtieth Amuml Report

ti \ \ k ■.-

wa k o m . Mci n u m

Popuiat mi', 1.Old.
Chartered Juno " 190::.

W oodruff Bounty
Transit Numbt r 81-261
Director"

Officers

f N. Artuu............. ............... President

f N. Arum

Vance M. Thompson.
•fuhi: E, Bryan . . .

John E. Brvan

H, S Taylor
Put!-. Films

..
-

Vico President
.
f ' n shier
Asst, i a^hier

\ -nu-e M, Thompson

Asst, ra-hier
STATEMENT OF Jt'XE 3n.

IG 'Oim *"
Loans au<i discounts- . . $224,470.50
25.000.00
Loans on commodities . Overdrafts
240.17
K. Gov't oh ligations...
411.000.00
Other ‘ootids and securities 121 021.50
1,00
Furniture and fixtures
Banking house __..............
1.00
La<h and due from hanks
189,095.30
Total

67

0 44

Liabtiitic"
Capitai stock
.$ 25,000.00
Surplus fund ... .
.. 25,000.00
Undivided profits .
. 27,898.88
3,000.00
Reserves ______ Demand deposits .
- 661,042.37
U. S. Gov’t deposits
.. 143,169.21
- 105,719.01
Public funds __ .
Total deposits _S909.930.59

-$990,829.47

Total _ __ ______________ $990,829.47

McGEHEE BANK, McGEHEE
Population, 3,66:5.
( Bartered Deeembt i

1933,

Officers
W E. Thompson- „ _ .
..President
(L H. Linaker
. . Vice President
R, G Verser .. - ___ _ Vice President
C. F, Sisco
____ ___ . - . ..Cashier
Miss Bess Thompson.
Asst. <’ashi<u

Desha County
Transit Number 81~S«5
1L L. Beck
C. B. Bowman
G. H. Linaker
J. f.. Parker

Director"
R. B. Stone
W. E. Thompson
TL G. Yerser

STATEMENT OF JCNE dm 104 t
Resources
Loan" and discounts.
.$ 362.027.46
Loans on commodities
3,025.44
Overdrafts
. . . . __ 131.OH
IL S, Gov't obligations. 1,520.045.43
Other bonds and securities
171,336.82
Furniture and fixtures . . .
2.000.00
(hash and due from banks 526.989.89
Other resources . . . . . .
598,87

Total



.12,586,154.99

Liabilities
8 50,000.00
Capital situ k ___ Surplus fund
.
30.000.00
Undivided profits
29,951.94
Reserve"
.
3 2 0 0 ,on
Demand deposits
.
1,612,889.03
Time d e p o sits ______ _
375,768.88
U. S. Gov’t deposit" .
282,243,36
Public funds __________
202,101.7*
Total dep. .$2,473,003.05
Total

.$2,586,154.99

State of Arkansas: Bank Department

68

THE BANK OF MELBOURNE, MELBOURNE
Population, 587,

Izard County

Chartered July 29, 1898.
Officers
G. H. Miller— -----------------President
A, J, Younger— --------Vice President
Marean Pearson______________ Cashier
Opal Smith_____________ Asst. Cashier

Transit Number 81-397
Directors
E, B, Watts
A, J, Younger

R. L. Blair
G H. Miller
R. G, Thompson

STATEM ENT OF JUNE; 30, 1944
Resources
Loans and discounts. . . . 8 34,821.98
Loans on commodities____ 77,700.00
53.33
Overdrafts - __________ .
U. S. Gov’t obligations__ 209.450.00
Other bonds and securities
8.431.27
Furniture and fixtures- __
340.00

Liabilities

Capital s to c k ____________ $ 15,000.00
Surplus f u n d ____________
6,000.00
Undivided p r o f i t s ________
4,509.33
Demand deposits . - ____ 381,207.76
20,358.29
U. S. Gov’t deposits___ _
Public funds ____________ 57,823.77
Total deposits -8459,389.82

Banking h o u s e ___ . .
1.100.00
Cash and due from banks. 153,002.57
Total _________________ 8484,899,15

Total

.8484,899.15

THE UNION BANK OF MENA, MENA
Population, 3,510.
Chartered July 25, 1934.

Polk County
Transit Number 81-98
Directors

Officers

W. J. Lauck
W. A. Finks
W. L. Boyd
Alvin Terry-

_____________President
________Vice President
_______________Cashier

W. L. Boyd
W. J. Lauck

Alvin Terry

__________Asst. Cashier
STATEMENT OF JUNE- 30, 1944

Resources
Loans and discounts____ !

205,839.41
58.35
632,600.00
54,186.75
2,125.75
8,850.00
444,186.20

Liabilities
Capital stock*__________S 50,000.00
Surplus fu n d ___________
15,000.00
8,402.33
Undivided p rofits_______
Demand deposits_______ 1,008,445.74
Time deposits__________
94,319.25
U. S Gov’t deposits_____
128,130.77
Public fu n d s ___________
43,548.37
Total dep. --$1,274,444.13

T o ta l________________ $1,347,846.46

Total ________________ $1,347,846.46

Overdrafts ______________

U. S. Gov’t obligations___
Other bonds and securities
Furniture and fixtures-Banking h ou se _________
Cash and due from banks

♦ F irst preferred stock with par value o f $8,600.00 and com m on stock with




par value o f $41,400.00.

Thirtieth Annual Report

69

M ONETTE STATE B A N K ,M O N E T TE
Population, 1,074,

Craighead County

Chartered December 29, 1936.

Transit. Number 81-724

Officers

Directors

S, V. McKinney___________ .President
Robert Braden
__________ Cashier
Audrafa Clark____ ___ _Asst. Cashier

C. V. McKinney

S, V. McKinney

M, L, McKinney

STATEMENT OF JUNE- 30, 1944
Resources
Loans and discounts____ S 547,898,22
Overdrafts _ ___
14,64
0, S. Gov’t obligations...
150,000.00
Furniture and fixtures-3,000.00
Banking house _________
3,000,00
Cash and clue from banks 403,192,39

Liabilities
Capital stock ___________!
Surplus fund __________
U ndivided profits _____
Demand deposits _______
Time deposits __________
U. S. Gov’t deposits____
Public fu n d s ___________
Total dep. ...-$1,087,424,99

Total .. ............__.... ..... $1,106,805,25

Total

25.000. 00
10 .000 . 00
14,380.26
890,639.30
38,52-6.51
31,006.25
97,252,93

81.106.805.25

COMMERCIAL LOAN AND TRUST COMPANY, MONTICELLO
Population, 3,650,

Drew County

Chartered November 29, 1912.

Transit Number 81-534

flffn-r., ; i* Me M. 1. Sigma
b*. MH'UM:••- Mai- '

Directors
Joe McCIoy
L. D, McQuiston

- JV m dm n
•I. A. Oaxit-1
Vice President
•1. F. Bram’
V.
Pres and Fashkr L, W. Dillard
>.
4?st >'a<hier
B. A. Hard\

John B, Posey
M. L Sigman
Virgil J. Trotter, Jr
Lamar Williamson

E, R. Lambert
J. D. McGloy
STATEMENT OP JUNE 30, 1944
I,•>n n~-

Resources
at(>! A -cuimt s - ;

Overdraft*
C, S. Gov't obligations.

Other bond,- and securities
Furniture and fixtures
Banking h<>,
Other real - *’ ate
<’ash and dm* from bankOtf’ >*r >•. o v m

TJahilif h 2t- t ,'jf)0,05
198.66
897.600.06
887.901.50

8.000.00

8.000.00

63.00

5Nl,u74.54
0,228.82

Capital stuck -

Total dep,
Total




.$1,605,014,91

. -

.:

Surplus f u n d __
Undivided profits
Reserves
Demand deposits
_ Time d ep o sits___
U, S. Gov’t deposits_.
Public funds _ - _ ____
Deposits o f bank?.

Total

60.000.

96

60.000. 00
12,420.78
20, 000.00
982.678 52

92.267.70
274,650*.20
'07.985.67

5.909,09

31.452,588.1?
.$1,605,014.91

70

State of Arkansan: Bank Department

UNION BANK AND TRUST COMPANY, MONTICELLO

Drew County

Population, 3,850.
Chartered September 15, 1915.
Officers
Y. J. Trotter -----------------------President
A. T. Cotham------------- Vice President
C. W. Daniel------V. Pres, and Cashier
J. E. Curry-------------------- Asst. Cashier
H. E. Wheless_____ ___Asst. Cashier
Virginia Pierce_________ Asst. Cashier

Transit Number 81-158

Directors
Geo. R. Campster Dr. M. Y. Pope

A. T. Cotham
Chas. W. Daniel
E. A. Lambert
W. R. McCloy
W. H. Nunn

R. F Trotter
V. J. Trotter
Adrian Williamson
M. F. Wright

STATEMENT OF JUNE 30, 1944

Resources
Loans and discounts. __ $ 416,615.11
Loans on commodities__
52,943.78
O verdrafts_____________
4,013.37
U. S. Gov’t obligations.. 1,334,400.00
Other bonds and securities 885,464.36
•Furniture and fixtures..
1.00
1.00
Banking b o u s e _________
Cash and due from banks 428,582.86
Other resources ________
22,554.36

Liabilities
Capital stock __________ $ 100,000.00

Surplus fu n d ___________
Undivided p ro fits_______

75,000.00
32,259.67

Reserves ________________
100,000.00
Demand d e p o s its _______ 1,758,087.88
283,227.89
Time d e p o sits __________
U. S. Gov’t deposits____
580,786.64
Public fu n d s ____________ 208,701.10
11,413.68
Deposits of banks_______

Total dep._-$2,837,197.17
Other liabilities________
T o ta l________________ $3,144,575.84

Total

119.00

_______________ $8,144,575.84

THE FIRST STATE BANK, MORRILTON
Population, 4,608.

Conway County

Chartered November 26, 19f j.
Officers
R. H. Dickenhorst_________ President
L. T. Oates-----------------Vice President
S. E. McReynolds____________ Cashier
C. E. Linebarger_______Asst. Cashier
Clara L. Loh___________ Asst. Cashier

Transit. Number 81-144

Directors
R. H. Dickenhorst T. M. McReynolds
R. M. Huie
L. T. Oates
S. J. Laux
J. L. Williams
S. R. McKinley

STATEM ENT 01 JUNE' 30, 1944

Resources
Loans and discounts____ f 546,080.34
Loans on commodities__
360,626.03
Overdrafts_____________
279.60
U. S. Gov’t obligations-_ 1,256,650.00
Other bonds and securities
34,731.39
Furniture and fixtures-5,000.00
Other real estate________
4,000.00
Cash and due from banks 1,190,912.94

Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus fu n d ___________
75,000.00
Undivided p r o fit s ______
35,325.38
Reserves _ _____
11,000.00
Demand deposits_______ 2,610,027.54
Time deposits__________
127,326.57
U. S. Gov’t deposits____
318,167.61
Public funds ____________
168,878.20
Deposits of banks.______
2.555.00
Total dep. __$3,226,954.92

T o t a l_________________ $3,398,280.30



Total - „ _____________ $3,398,280.30

Thirtieth Annual Report

71

THE BANK OF MONTGOMERY COUNTY, MOUNT IDA
Population, 490.

Montgomery County

Chartered November 26, 1980.
Officers
L. L. Beavers______________ President
W. G, 'Whittington--..__Vice President
John Beavers______ ________ Cashier
H. H Duke.............. ._....Asst. Cashier

Transit Number 81-404
Directors

John Beavers
L. L. Beavers

Arthur Standridge
W. G. Whittington

STATEMENT OP JUNE 30, 1944
Resources
Loans and discounts.__ __$100,401.80
II. S. Gov’t obligations___ 219,001.66
Other bonds and securities
7,745.54
Furniture and fixtures__
2,250.00
Banking house ______ ......
8,000.00
Cash and due from banks. 821.398.19

Total

8654.797.19

Liabilities
Capital stock* ___________ $ 15,000.00
Surplus fund ________
5,000.00
Undivided profits ________
8,295.34
Reserves _____
9,210.30
Demand deposits ________ 475,111.58
Time deposits _________
52,038.61
U. S. Gov’t deposits____ _ 24,612.25
Public funds ____________ 69,534.16
Total deposits -$621,291,55
Total

8653,797.1:

.s Mt/’ Oii.Oii ; mhI common -lock wit h p;> r \a !

THE PEOPLES BANK, MOUNTAIN HOME
Population, 927.
Chartered August 10, 1906.
Officers
M. E. Curlee__ ____________ President
Don J. Baker__ ____ _._Viee President
Lon Jones_________________.....Cashier
W. N. Baker-- _____ _..Asst. Cashier
Roy Bodenhamer__.
Asst. Cashier

Baxter County
Transit Number 81-402
Directors
Don J. Baker
Nat T. Dyer
Earle J. Bryant
Lon Jones
M. E. Curlee

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts.... ....!S 76,167.21
256.24
Overdrafts _ __________
U. S. Gov’t obligations-- 673,600.00
Other bonds and securities
338.15
620.00
Furniture and fixtures-._
2,500.00
Banking house - _____ __
Other real estate________
1.00
Cash and due from banks 877,468.55
Total _




SI ,630,951.15

Liabilities
Capital stock __________$ 25,000.00
Surplus fu n d ___________
25,000.00
Undivided profits _____
11,409.53
Demand deposits ______ 1,396,767.40
Public funds ___________
139,902.15
Deposits of banks_______
32,872.07
Total dep. --11,569,541.62
Total

$1,630,951.15

72

State of Arkansas: Bank Department

BANK OF MOUNTAIN VIEW , M OUNTAIN VIEW
Stone County

Population, 745,

Transit Number 81-403

Chartered July 21, 1915.

Officers

Directors
Von Rosa
A. A. Lancaster
J. T. Smith
N, C Maxey

N. C. Maxey________________ President
H. R. Case_____________Vice President
A, A. Lancaster______________ Cashier
M, M, Lancaster________ Asst, Cashier

H. R. Case

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______ S 31.182.04
U. S. Gov’t obligations--.. 120.050.00
Furniture and fixtures. __
1.00
Banking house __________
1,000.00
Cash and due from banks. 417.294.70

Liabilities
Capital s to c k ____________ 8 25,000.00
Surplus fund ____________
10,000.00
Undivided p r o f i t s ________
3,702.33
Demand deposits ________ 488,888.4s
Public funds _____________ 88,888.08
Total deposits ..8532,775,41

Total

Total __________________ 8571,477.74

.$571,477.74

BANK OF M ULBERRY, MULBERRY
Population, 973.

Crawford County

Chartered January 1.5, 1902.

Transit Number 81-257

Officers

S. B. Stevinson____________President
Horace W agner_______ Vice President
T. J. House---------------------------- Cashier
Mrs. T. J. House________ Asst. Cashier

C. R. Counts
J. M. Farmer
T. J. House
J. D. Jackson

Directors
S. B. Stevinson
Horace Wagner

STATEMENT OF JUNE 30, 1944
Resource's

Loans and discounts______8 99,112,84
Loans on commodities___
4,200.00
U. S. Gov’t obligations___ 253.600.00
Other bonds and securities 11,815.20
Furniture and fixtures __
700.00
Banking house ____ . -.
200.00
Other real estate________
4.00
Cash and due from banks 2 14.744.45
Other resources __ - _
477.50
Total . ___




___ _______8614.858.49

I lubilnie'.

Capital s to ck ______ ... 8 25,000.00
Surplus fu n d ____________ 12,500.00
Undivided profits _
.. . 10,208.55
Demand deposits
. __ 513,737.89
Time deposits ___________
7,830.40
U, S. Gov’t deposits_____
13,555.85
Public funds _____________ 82.020.80
Total deposits 8567.144.94
Total _

____

- ___ __8614,853.49

Thirtieth Annual Report

73

PIKE COUNTY BANK, MURFREESBORO

Population, 835.

Pike County

Chartered December 19, 1904.
Officer-.
P, Alts>i11 . ...
__ _ _. _ President
Mr>. Delia Pinmx _
Viet* President

1

1 N. Hipp
. ._
* . H RiPh<-rf<»rd

Transit Number 81-405

T. F. Alford
J. X. Hipp

Directors
Mrs, Delia Pinnix

M. G. Teirell

_ _ _ . Cashier
Asst «'ashler
STATEMENT OF TUNE 30. 1944

Resources
Leans and discounts
8 i 3.33J,9U
r s. Go' *< obliyatioiis _
300,786.03
1,915,58
ffther Una-i- and xeetmfA s
LOO
Fun bum .<n>l fixtures
’ .090.00
Baiikmu n>
1ith<-r ri a1 .•sf ate_
6.00
<T-t- alai .inf from hanks 325.110.23
S55 ,3 10.71

Tolu!

i; ■■sh «n

ici

‘ ' a' 1.‘i-o,t Kebn, af
i

Total

i i !■;■!«»v

P>>pn)u O',, 9'IU

i

LiahilitieCapital stock __
_. .
8 25.000.0o
Surplus fund . . . _. _.
11,500.00
Undivided profits __ . _ .
12,364.70
Demand deposits . _ __ 425,602.61
Time deposits ...
266,86
Public fu n d s __ .
_. _ 76,806.57
Total deposits 8502,676.0 1

\ e i n .K i o x

f raiuhead County

Lb 190 4.

Tran-d! Number 81-406

H’f icerv

ki">

President

V'c, Provident
<'ashn-r
A.-- ; * Nshiei

id.A Shun

1' Id Ha «
L F Tin ,

8551,510.71

E. E. Hale
E. C, Kieeh
If. C. Kieeh

DirectorL. D. Ki«ich
Fred Shauver

STATEMENT OF JUNE- 30, 1944

ResourceLoans and •|]"Ciii,?lt.-- _ _S
: .calc ot c nnntoditic*H<*rdraD;
r s c.>. ’’ oiiliyattious
( ti C'" boo, i- and socnril ie” U’hitUi'- tnd fixture-B mk’ r.p ]
fdoir. ha nk
Cash and ,
Total

........ ..._




Mubilitic’3 c..Sl 7.27
121.500.0U
s,73
■17,600.00
62,000.00
110.00
990.00
;06.609. IP

..... 81.070.635.49

Capital stock
.
.8
40,000.00
35,000,00
Surplu-- fund
7,788.73
f Tulivided profits . . __
Demand deposits
.
ill 7,955.18
Time deposits _ . . - . ..
3,203.66
879.15
V . 8. Gov’t deposits..
65,808,77
Public funds . . .
...

Total dep
Total... _

§ 987.846.7f!
_

_$1,070,635.49

Stats of Arkansas: Bank Department

74

BANK OF NEW EDINBURG, NEW EDINBURG
Population, 500.

Cleveland County

Chartered August 22, 1904.

Transit Number 81-408

Officers
Directors
E. T. Attwood-..----------..----President
C. B. Attwood
W. F. Attwood
C. B. Attw ood_________ Vice President
E. T. Attwood
G. E. Marks
Ray Attw ood-------------------------- Cashier
Ray Attwood
STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts______ § 28,051.77
U. S. Gov’t obligations____107,214.88
Other bonds and securities 12,817.43
Furniture and fixtures____
300.00
Banking h o u s e __________
100.00
Cash and due from banks- 94,193.18

Liabilities
Capital s t o c k _____________8 12,500.00
Surplus f u n d _____________ 12,500.00
Undivided profits _______
1,545.01
Demand d e p o s its ________ 171,764.10
Time deposits ____________ 13,238.82
Public funds _____________ 26,144.95
Deposits o f banks________
2.943.75
Total deposits -$214,091,42
Other liabilities _________

T o t a l __________________ $240,878.99

40.56

Total ___________________$240,676.99

THE TWIN CITY BANK, NORTH LITTLE ROCK
Population, 21,137.
Chartered March 21, 1935.
Officers
Henry O. T op f--------- -------- --President
R. J. Rice--------- V. Pres, and Cashier
Dan E. K ays___________ Asst, Cashier
STATEM ENT C
Resources
Loans and discounts_____S 571,582.44
Loans on commodities__
88,500.00
U. S. Gov't obligations.. 2,671,756.09
Other bonds and securities
117,881.08
Furniture and fix tu res-3,200.00
Banking* h o u s e _________
22,000.00
Cash and due from banks 1,007,312.37
Other re so u rce s________
1,813.27
T otal -




14,463,845.23

Pulaski County
Transit Number 81-54
R. J. Rice
Henry O. Topf

Directors
J. E. Wright

JUNE 30, 1944
Liabilities
Capital stock __________ S 100,000.00
Surplus fund __________
80,000.00
Undivided profits ______
27,506.58
Demand d e p o s its _______ 3,518,038.39
Time d e p o sits __________
223,527.00
Public f u n d s ____________
534.775.28
Total dep. --$4,276,338.67
Total -

.$4,483,845.23

Thirtieth Annual Report

75

MISSISSIPPI COUNTY BANK, OSCEOLA

Population, 3,226,
Chartered March 15, 1928.

Mississippi County
Transit Number 81-387

Officers

Directors

C. B, Wood_______________ President
G. H. Florida___ ___ __Viee President
S. G. Lockhart_____________ Cashier
Vivian Scurlock___ _— Asst. Cashier

G. H. Florida
Abe Liverant
S. G. Lockhart

H. F. Ohlendorf
C. B. Wood

STATEMENT OF JUNE 30, 1944
Resources

Liabilities

Loans and discounts____ $ .577,368.74
Loans on commodities__
326,275.00
Overdrafts _____________
1,338.81
U. S. Gov’t obligations-- 504,400.00
Other bonds and securities
19,000.00
Furniture and fixtures...
943.50
Banking* h ou se___ _____
1.00
Other real estate-..... ......
1.00
Cash and due from banks 995,772.79

Capital stock__ ________S 75,000.00
Surplus f u n d __ _______
55,000.00
Undivided profits _.......
21,701.33
Reserves _ ____________
5,117.28
Demand deposits _____
1.743,885.34
Time deposits __________ 220,217.62
U. S. Gov’t deposits-.. ..
174,976.38
129,202.89
Public funds ___________
Total dep. --$2,268,282.23

-$2,425,100.84

Total

Total

82.425,1(1(04

THE PLANTERS BANK, OSCEOLA

Population, 3,226.
Chartered April 13, 1944.

Mississippi County
Transit Number 81-745

Officers

W. J. Driver____ ___ ____ _.President
C. E. Dean___ Vice Pres, and Cashier
J. F. Herndon____ _____ Asst. Cashier
Miss Marjorie Doyle___ Asst. Cashier
STATEMENT

J. T. Cromer
C. E. Dean
W. J. Driver

Directors
Faber A. White
L. C. B. Young

JUNE 30, 1944

Resources

Liabilities

Loans and discounts_$319,762.20
U. S. Gov’t obligations_ 170,000.00
Furniture and fixtures___
954.15
Cash and due from, banks_ 293,260.56
Other resources -________
2,419.13

Capital stock ____________S 75,000.00
Surplus fund ____________ 25,000.00
Demand deposits _______ 486,396.04
U. S. Gov’t deposits-...... 170,000.00
Public funds ____________ 25,000.00
Deposits of banks________
5,000.00
Total deposits -$686,396.04

Total




.....S786.396.04

Total

$786,396.04

76

State of Arkansas: Bank Department

BANK OF OZARK, OZARK
Population, 1,402.
Chartered June 9, 1937.
O fficers
W. A. Hudspeth_President & Cashier
Prank N. Johnston____Vice President

Franklin County
Transit Number 81-727

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

STATEM ENT OP JUN E 30, 1944
Resources
Loans and discounts______ S 88,952.44
Loans on com modities-.-7,119.75
Overdrafts „ _____________
275.34

U, S. Gov’t obligations___ 367,538.32
Other bonds and securities 11,605.56
Furniture and fixtures___
300.00
Banking house __________
3,400.00
Cash and due from banks. 427,339.50

Liabilities
Capital stock _____________ f 25,000.00
11,000.00
Surplus f u n d __________
Undivided profits ,_______
2,594.47
Demand d ep osits________ 741,474.44
Public funds ____________ 125,962.00
Total deposits .$867,436.44
Other liabilities _________

500.00

Total - _______________ 1906,530.91

Total _ _______________ $906,530.91

THE SECURITY BANK AND TRUST COMPANY, PARAGOULD
Population, 7,079.

Greene County

Chartered February 5, 1931.
Officers
James W. Alexander---------- President
Sam P. McHaney---------Vice President
Eugene R. Browning_________Cashier
Emily K. Meiser---------- Asst. Cashier

Transit Number 81-82

Director?James W. Alexander Sam P. MeHaney

Eugene R. Browning Lorraine G. Staub
Walter E. Ellington Ike T. Wileoekson
.John C. Honey
James E. Winn
Robert V. M cC oy

STATEMENT OF JUNE 30. 1944

Liabilities

Resources
Loans and discounts____ S 487,198.41

Loans on commodities__
Overdrafts _ __________
U. S. Gov’t obligations.Other bonds and securities
Furniture and fixtures..
Banking h ou se _________
Cash and due from banks

280,575.40
27.04
592,753.29
167,516.38
1,994.51
15,250.00
517,433.81

Capital stock __________ $

50,000.00
Surplus fund _______
50,000.00
Undivided p r o f i t s ____ 42,535.32
Reserves_______________
4,456.00
Demand deposits_______ 1,106,822.08
Time deposits _______
377,654.23
U. S. Gov’t deposits_________________ 198,821.03
Public fu n d s ________
229,549.09
Deposits of banks_______
2,756.12
Total dep. ..$1,915,602.55
Other liabilities________

Total _________________ $2,062,748.84




154.97

Total _ _______________ $2,062,748.84

Thirtieth Annual Report

BANK OF PARKDALE, PARK DALE

Population, 278.
Chartered February 1, 1910.

Ashley County
Transit Number 81-416

Officers
Directors
R. G. Williams__ _________ _President J. H. Caldwell
R, G. Williams
J. H. Caldwell_________Vice President J. A. Williams
J, P. Caldwell_______________ Cashier
STATEMENT OF JUNE 3t», 1941

Resources
Loans and discounts_____ $ 72,808.77
Loans on commodities___
1,256.89
Overdrafts
__ _________
117.34
U. S. Gov’t obligations___ 100,500.00
Furniture and fixtures___
549.20
Cash and due from banks 125,681.17

Total

x".uo.913.37

Liabilit nCapital stock
_
8 15,0UU.l»*
Surplus fund
.
_ , - 20,000,On
Undividid profits
„
19,405.77
Reserves „ __
_ . _
1,000.0a
Demand deposit'.
__
197.921.5t
Time deposits . . .
26,314.02
Public funds
___ __ _
21.272.02
Total deposits 8245,507.On
Tota

s300.pl :C.-!7

FIRST STATE BANK, PARKIN
Population, 1,412.
Chartered June 5, 1925,
Officers
11. L. Coldren
. _
President
.....Vice President
R. M. Lake
__ Cashier
Mrs. G. D. Baker
Mrs. Ida Mae William s__Asst. Cashier

Cross County
Transit Number 81-676
Directors

Mrs. G. D. Baker
F. E. Brenner
H. L. Coldren, Sr.

R, M. Lake
N. E. Thomas

STATEMENT OP JUNE 30, 1944
Resource*

Liability

' i*;:;,11X7.95
Loans and discounts
51,200.00
Loans on eommoditie
11X.800.00
U. S, Gov’t obligation S1.550.95
Furniture and fixture s„ ,
1.380.00
Banking house
470.59
Other real estate.. _____
Cash and duo from barks 274,816.46
160.95
Other resources _

Capital stock . ______ _§■ 25,000.00
Surplus fund __ _____
12,5(»0.i*e
Undivided profits _ __
7,732.70
Demand deposits ... . ,
537,396.98
Time deposits____
500.00
U. S. Gov’t deposits.
25,415.92
02.*44.60
Public funds _ _
__ .
Total deposits ,8596.157.50

Other liabilities ________
Total .




s o il.466.90

Total _

76.70

.$641,466.91)

State of Arkansas: Bank Deportment

78

BANK OF PEA RIDGE, PEA RIDGE
Population, 72,
Chartered May 8, 1911.

Benton County
Transit Number 81-488

Officers
W. T, Patterson------Pres, and Cashier
R. B. Patterson________ Vice President
Alvin Arm strong_______ Asst. Cashier

Directors
Loyd Patterson
W. T. Patterson
R. B. Patterson

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts _____ $108,125.78
Overdrafts _ _____________
83.51
LT, S. Gov’t obligations____
3,000.00
Other bonds and securities
3,000,00
Furniture and fixtures____
300.00
Banking h o u s e __________
850.00
Cash and due from banks _ 89,782.94

Total _________________ $185,122.21

Liabilities
Capital s t o c k * ____________$ 15,000.00
Surplus f u n d __________ __
6,000.00
Undivided p r o f i t s ______
6,702.65
128,305.94
Demand d e p o s its __ ____

Time d eposits___________
Public funds ____________
Total deposits -$157,419.56

13,494.64
15,618.98

T o t a l_________________ $185,122.21

First preferred stock with par value of $7,000.00 and com m on stock with par value o f $8,000.00.

PIGGOTT STATE BANK, PIGGOTT
Population, 2,034.
Chartered March 10, 1930.
O fficers

A.
fl.
F.
J.

C. Wright_____ ____ President
C. Robbins______ __Vice President
H. Thornton ______________ Cashier
W. Harris__________Asst. Cashier

Clay County
Transit Number 81-698
Directors
J. W. Hamilton
F. H. Thornton
Mrs. H. F. Leggett V. C. Wright
G. W ill Reves
H. C. Robbins

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts____ {
Loans on commodities__
U, S. Gov’t obligations_
Other bonds and securities
Furniture and fixtu res-Banking h ou se_________
Cash and due from banks
Other resources ________

197,958.06
1,300.00
990,350.00
85,948.25
1.00

5,000.00
357,475.19
.50

T o t a l ____- _____________$1,638,033.00




Liabilities
Capital s t o c k __________ : ; 30,000.00
Surplus fund __________
35.000. 00
Undivided p r o fit s ______
10,401.39
Reserves - ___ _________
10.000. 00
Demand deposits_______ 1,177,334.08
Time deposits__________
56,787.72
U. S. Gov’t deposits____
99,015.75
219,494.11
Public funds ___________
Total dep. __$1,552,631.61
Total __________________ $1,838,033.00

Thirtieth- Annual Report

79

FIRST STATE BANK, PLAINVIEW
Population, 704.

Yell County

Chartered. January 12, 1984.

Transit Number 81-243

Of fin* vi

\\ V, u el!).'! if
IT f. Ell !<<tt
i, b. nrwish ears.
W wired ib-1 •per
Mr- Ell. e * ook

Directors

_ . Preddem
Vice Presulenf
Vice President
• ashier
A""t * ashier

Bill Aikman
L. C. Breashears
Walter Caviness
Willie Caviness
W. B. Clement
IT L. Elliott

P. V. Geoige
( ’. B. Law
S. W. Lolland
M. A, Vandover

Wyss

STATEMENT OF JUNE 30, 1944

Rv'MJim n-

LiabUilk-

Loa'-.r u’-'i discounts- .. . 8
f.ofins <>n commodities
IT S. G a 9 obligations
Other bonds and securities
PurMtnn end fix tu r e
Banking house . . .
other i\ a! <-state_ .
t Imh coni due from bank"

87.540.85
44,552.82
540.293.59
00,,749.89
1,404.00
8,063,00
i.645.41
41 k.864,80

Total . ________ _____ 81,149,819,42

Capital stock

_
_ s 40,009.0u
20,000.00
Surplus fund ___ .
Undivided profits
_
22,522,85
Demand deposits
K82.628.48
Time deposits _
11,622.41
U. S. Gov’t deposits
.
22,836.88
Public* funds ___
..
140,013,90
Total dep. .81.067.097.67
Total _______________ „$1.149,619.42

RANK OF !’ ()( A HUNT AS, POCAHONTAS
Population, 8,028,

< bartered (October

!, 1903.

Randolph County

Transit Number 81-297

Officers

lb

.1, W Brown.

Tom Bigger.
ff 1 Hay’ -e"'

Directors

.

.

.President
Vice President
_
_ <'ashier

F. E. Bedford
Tom Bigger
Dr. .1. W, Brown

H. L. Haynes
A. L, Wright

STATEMENT OF JUNE 80, 1944

ib.ouuricv
Loans at d discounts- _ 8 280,662.75

Liabilitie,"
Capital s t o c k ____
.$ 50,000.00

Leans an commoditiesOverdrafts
.. __ .
U, S Gov't obligations.

Surplus f u n d ____
40,000,00
Undivided profits
13,217.92
Demand deposits _____ 1.862,566.08
Time d e p o sits___ ______
12,190,09
II. S. Gov’t deposits.
20,089,19
Public funds - _______
_ 155,897,90
Deposits of banks____ .
10,242.11
Total dep. ..81,560.985.32

Other bonds and securities
Furniture and fixtures
' ’ash and due from banks

6,700.0(1
1,189.45
538,120.00
7,899.48
11,107.26
867,724.30

Total . - ........ .............--$1,664,203.24




Total ....____ __________ -$1,664,203,24

80

State of Arkansas: Bank Department

THE PEOPLES BANK, PORTLAND
Population, 518.
Chartered January 22, 190
Officers
A. J. Gregory_____ _________President
J. W. Brown_______ ______.____ Cashier
H. H. N a ff_____________ Asst. Cashier
STATEMENT 0
Resources
Loans and discounts______ $ 84,927.43
Loans on commodities___
54,100.00
Overdrafts _ _____________
99,18
U. S. Gov't obligations____ 85,900.00
Other bonds and securities
2,000.00
Furniture and fixtures____
1,000.00
Other real estate_________
799.98
Cash and due from banks- 166,266.89

Ashley County
Transit Number 81-248
Directors
J. W. Brown
A. J. Gregory

H. H. N aff

JUNE 30, 1944
Liabilities
Capital stock
$ 25,000.00
Surplus fund __ - _
40,000.00
. 16,740.76
Undivided profits
. 263,340.44
Demand deposits
Time deposits
. 23,316.00
. 26,628.09
Public funds _
Total deposits -$313,284.53
68.15

Other liabilities

T o t a l_________________ $395,093.44

Total

J395.093.44

PORTLAND BANK, PORTLAND

Population, 518.
Chartered April 23, 1900.
Officers
J. W. Pugh________________ President
Felix Pugh___________ Vice President
C. E. Larrison_______________ Cashier

Ashley County

Transit Number 81-247
Directors
Joe Pugh
J. W. Pugh

H. E. Cockerham
Felix Pugh
Gus Pugh

STATEMENT OF JUNE 30, 1944

Resources
Loans and discounts______$ 25,632.95
Loans on commodities___
3,700.00
U. S. Gov’t obligations___ 171,568.93
Other bonds and securities 21,940.00
1,300.00
Furniture and fixtures__
Banking h o u s e _____ _____
2,100.00
Other real estate_________
1.00
Cash and due from banks- 663,115.62
Other r e s o u r c e s _________
1.00

Liabilities
Capital s to c k ___________,_$ 20,000.00
Surplus f u n d __________
50,000.00
Undivided profits _______ 29,493.67
7,000.00
Reserves ________________
Demand deposits ________ 678,803.81
Time d eposits___________ 100,083.35
Deposits of banks________
3,978.67
Total deposits -$782,865.83

T o t a l ___________________ $889,359.50

T o t a l ____________________$889,359.50




Thirtieth Annual Report

81

t ITIZhNS M .\ K . POTTSVILLK
P.tputnuuii. .108,
<"barter* u Aue uw SO, ]810,
Officers
D, H. Rackley------------ ------,-President
W. H. Rankin___ ____--V ice President
CL C. Owens_________________ Cashier

Pope Couut,\
Transit Number >1-55 1
G, 0. Owens
D. H. Rackley

Directors
W. H. Rankin

STATE \1ENT OP JUNE 30, 1944
Resource?and discounts _ __ _s l»l.<>77.po
i.ooo.oo
Loans on rommoditb >
Overdrafts . . .
V S, Gov't obligations
other bond - and see untie s
Funiitun and fixtures
Banking house . Other iva* estate__ - .
Cash and due from hank1'
Total

Liabilith -S 20,000.00
<'apital stock” - .
3,159.32
Piidivided profits .
. 124,323.14
Demand deposits .
1,000.00
Time deposits
__
U. S. Gov't deposits. 6,997.38
13,615.95
Public funds ..
. .
Total deposits $145,920 .47
.............

2.54
'id.200.00
38.40
100.00
000.00
727.00

33.150.82
Total

$103,005.73

1i■.1 pi <t> •a

$169,095.79

. . .

« -.it, pa ••.ilip >t <V2 ,inn (Hi it ml cunimcii -.lock with p a r ,;>)

-.7,r>m» -m

THE FARMERS VND MERCHANTS BANK, PRAIRIE GROVE
ntim, 887.

Washington County

Chartered Audits'* 29, 1304.
Officers
„ President
K, I), Bogart. ,
E. C. Carl __ - - Vice President
("ashier
D E. Rieff

Transit Number 81-256

Directors
R. D. Bogart
E. C. Carl
Dr. W. H. Mock

J. C. Parks
W. E. N. Phillips
D. E. R ieff

STATEMENT OF JUNE' 30, 1944
Resources
Loans and discounts
.8192.011.17
Overdrafts
_____ . . .
28.79
U, S. Gov’t obligations - - . 241,900.00
Other bonds and securities 40.298.44
1.00
Furniture and fixtures-..
Banking house ___ .
1,000.00
Cash and due from hanks - 207,884.29
Total _




,1884,123.83

Liabilities
Capital s t o c k ............. .. _$ 30,000.00
10.000.00
Surplus fund
._ 24,484.47
Undivided profits . 519,259.98
Demand d e p o s it s __ __
Time deposits _____ - . . - 78,838.83
21.540.46
Public funds Total deposits -$619,639.22
Total

$ 684 ,123.69

State of Arkansas: Bank Department

82

BANK OF PRESCOTT, PRESCOTT
Population, 3,177,
Chartered August 10, 1904.

Nevada County
Transit Number 81-140

Officers

Directors

Thos. C. McRae, Jr_________President
T. M, Bemis— ______ Vice President
Wren Scott _________________ Cashier
W, R. Hambright___ __ Asst. Cashier
0 . J. Stephenson_______Asst. Cashier

D. K. Bemis
Chas. H. Tompkins
T. M. Bemis
W. V. Tompkins
Thos. C. McRae, Jr. Sam T. White
C. D. McSwain
Wren Scott

STATEMENT OF JUNE 30. 1944

Resources
Loans and discounts____ S 95.491.3 i
Loans on commodities__
96,400.00
U. S. Gov’t obligations-- 1,120,473.44
Other bonds and securities 167,044.26
Furniture and fixtu res-7.150.00
Banking house _________
11,300.00
Other real estate_______
2.00
Cash and due from banks 1,013,920.88
Other resources ________
15,641.00
T o ta l________________ $2,527,422.89

Liabilities
Capital s t o c k * _________ $

97,500.00

Surplus fund __________
17,500.00
3,996.37
Undivided p r o fit s _____
Reserves _ ____________
28,108.09
Demand deposits_______ 1,990,080.22
Time deposits _________
204,179.61
U. S. Gov’t deposits_____
1,780.92
Public fu n d s ___________
184,277.68
Total dep. __$2,380,318.43
T o ta l________________ $2,527,422.89

* First p referred stock with par value of $60,000.00 and com m on stock with par value o f $37,600.00.

BANK OF QUITMAN

Population, 393.
Chartered August 15, 1903.
Officers
W. H. McNair .__________ President
Ben F. Clark___ V. Pres, and Cashier
N. H. Tarver___ ______ Asst. Cashier
Edith E llis- ___________ Asst. Cashier

Cleburne County
Transit Number 81-424
J. A. Bailey
Ben F. Clark
Edith Ellis

Directors
W. H. McNair
N. H. Tarver

STATEMENT OF JUNE 30. 1944
Resources
Loans and discounts______$ 92,067.00
Loans on commodities___ 130,300.00
Overdrafts _____,_________
49.95
U. S. Gov’t obligations------ 113,500.00
Other bonds and securities 45,183.27
urniture and fixtures----1.00
anting house __________
1.00
Other real estate____ _____
2.00
Cash and due from banks. 282,361.76
Total




$663,465.98

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d -----------------5,000.00
Undivided p r o fits ___ ,____ 11,415.88
Demand d e p o sits________ 604,691.57
U. S. Gov't deposits______
1,031.25
Public fu n d s ___ ________ 16,327.28
Total deposits _$622,050.10

Total

$663,465.98

Thirtieth Annual Report

8:.}

THE BANK OF RECTOR, RECTOR
Popukinou, 1,716.

(la y Count>

' ’bartered November 15, 19,10,
Officers
4 f Hardin.
______
. ..President
-I A, M a rla r... Exec. Vice President

i », A. Harper . . „
Claudia Justus. . _

A

sst.

Transit Number 81-17,*:

.1. C. Hardin
T. C, Justus

Directors
J. A, Marlar
E. M. Purcell

Cashier
Cashier

S lA T F U E N F OF JUNK 10. 194 t
Resources
Loans and discounts.
.$179,811,1)1
Loans ot commodities
57.000.00
Overdrafts
.
27.78
U S, Gov't obligations
342,500.00
Other bonds and securities
15,915.92
Furniture and fixtures. .
1,785.16
Cn<h and due from banks
1<55,782,70

Total
* !

to

.

(iri T- T - y

..
« ini i>:e -•

Liabilities

Capital stock* ..

8 25,000.00
Surplus f u n d
.
7,500.00
Undivided profits
.
12,496.43
Reserves
_ .............. . .
11,500.00
Demand deposits ___
721,308.28
U. S. Gov’t deposits124,083.01
48,599.85
Public f u n d s ___ ____
Deposits o f banks___
12.975.00
Total deposits .$906,966.14
Total ... _________ - ..... __$963,462.57

$961,462.57

<; S! 1..VMI.O0 and com m on stock with par value of $13,500,00.

FARMERS VM> MERCHANTS BANK, REYNO
Populatio? . 146.

Randolph County

' ‘bartered Deeembt r 8, 1911.
O fficers
F E. B eifon i........................... President
E. L. D ick son .._ . . _ _ .Cashier
Yada Mh<* Meredith
Asst, Cashier

Transit Number 81-427

Directors
F. E. Belford
E. L. Dickson
Freda M. Brown
Harrell Simpson
Carl G. Dickson

ST VTEVJENT OF JUNE 30, 1944
Resources
8 5((.199.69
Loans and discounts
Overdrafts
..............
624.26
U. S. Gov’t obligations__
*,001.36
Other bonds and securities
20.85
l.oo
Banking house .. . . . ___
(’ash and dim from banks • 767 91

Liabilities
Capital stock
_ _ _
$ 10,000.00
Surplus fund
7,000.00
Undivided profits.
3,806.11
Demand deposits .
_ . 144,335.42
Public funds _
1,464.52
Total deposits -$145,799.94
Other liabilities .

Total ......... ... ................. 1168,615.07




Total

__

_

__ ...
_ _

2,009.02

.$168,615.07

84

State of Arkansas: Bank Department

THE BANK OF RISON, R1SON
Population, 1,005.

Cleveland County

Chartered March 7, 1032.

Transit Number 81-428

Officers
J. L. Moore--------------------------President
J. L. Sadler— ------------ Vice President
J. E. McCoy.____._____Vice President
Herman Davidson_____________Cashier
Robert L. Searcy______ Asst. Cashier
Ruby Lum
_________ Asst. Cashier

Directors
Herman. Davidson J. L. Sadler

J. E. Goggans
J. E. McCoy
R. T. McCoy
J. L. Moore
Jo Niehol

R. C. Searcy
Max M. Smith
B. W. Thomasson

STATEMENT OF JUN E 30, 1944

Resources
Loans and discounts___ _S139,192.91
Loans on commodities___
1,865.00
U. S. Gov’t obligations___ 284,972.16
Other bonds and securities 16.975.01
Furniture and fixtures___
565.00
Banking house __________
2.250.00
Other real estate______ . _
17.00
Cash and due from hanks. 185.251.24
Other resources__________
1.00

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
Undivided p r o fits ___ ____
7,554.53
Reserves ________________
16,889.66
Demand d ep osits________ 408,065.28
Time d ep osits___________ 56,826.88
U. S. Gov’t deposits_____
269.56
Public funds ____________ 77,745.91
Deposits of banks________ 13,237.50
Total deposits .$556,145.13

$630,589.32

Total _

Total _

$630,589.32

THE BANK OF RUSSELLVILLE, RUSSELLVILLE
Population, 5,927.

Pope County

Chartered December 23, 1897.
Officers
Geo. S. Neal_______________ President
R. L. Jenkins__________ Vice President
M. J. Hickey________________ Cashier
M. G. Harmon_________Asst. Cashier

Transit Number 81-119

M. J. Hickey
R. L. Jenkins
A. J. Mathews

Directors
Geo. S. Neal
T. R. Rye

STATEM ENT OF JUNE 30, 1944

Resources
Loans and discounts____ $
Loans on commodities__
Overdrafts _____________
U. S. Gov’t obligations. _
Other bonds and securities
Banking house ________
Other real estate________
Cash and due from banks
Other resou rces________

208,294.98
81,500.00
554.04
921,315.00
222,823.42
15,000.00
2,000.00
978,393.15
648.00

Liabilities
Capital s t o c k __________ $ 100,000.00
Surplus f u n d __________
20,000.00
Undivided p r o fit s ______ 107,871.12
Demand deposits_______ 1,576,172.57
Time deposits____ _____
401,440.72
U. S. Gov’t deposits____
98,769.96
Public fu n d s ___________
96,735.67
Deposits of banks_______
29,315.11
Total dep. . _'82,202,434.08
Other liabilities________

T o t a l________________ $2,430,528.59




223.44

T o ta l________________ $2,430,528.59

oooc

Thirtieth Annual Report

PEOPLES EX< H WOE BANK, RUSSELLVILLE
p.ipuly; ton, 5,927.

Pope <Aunty

< bartered Man*!'. ‘24, 1890.

Transit Number 81-11*

Officers
L. B. McClure____ ___
....President
Donald Barger__Exec. Vice President

Donald Barger
Lee Cheek

Directors

L. B. McClure
A. B. Priddy

C. E. Lemley____ ___
Cashier
Jno. T. Little__ _______ Asst. Cashier

W. B. Clement
John W. Leonard

J. Madison White

Eugene A, Shinn

STATEMENT OF JUNE 30, 1944

Resois re.-*.
Loans and discounts. .. $ 32X716.02
Loans on commodities.
*>2,100.00
C. 8, Gov't obligations
912.904,35
<>ther bonds and securities
U2.203.o2
1,550.00
Furniture end fixtures
Banking house . . _ _
10,000.00
Ollier real ••state.... „
0.00
.V,nuM)U.x7
< ash a d u e from banks

<2 iHf kOff.'l.an

1Jahilitu-’.
__ . . . $
t 'apital stock*
Surplus fund
...
Undivided profits .. ..
__
Reserves
Demand deposits
__
Time deposits
IL 8. Gov't deposits _
Public funds _ ..
Deposits o f hanks _ . .
Total dej>, __$l.S5«.40fi.S0
>ta i

100, 000,00
17,000.00
29,190.76

1, 000.00

,387,039.04
193,438,60
118,314.98
109,524.13
47,492.05

82,003,0(13,30

I'imji, .»( tiH'i, v h ic ■ •> ii .i|

f!.\VK OI SALEM, SALEM
Pun , u , m, 374

<'hartei'ud fieu.-i

]ops,

Officers
Roy < aSt|t-t(<U'fy.
Lanis Ashley.
Fay Castleberry
Corwin Mosey

Ptesident
Vice President
. Cashier

FuPuj. i minty

Tiar-i' N'limiirr Sl-L’u
DirectorLanis Ashley
H. J. Humphries
Fay Castleberry
Rex Castleberry

A *"’ *’aside!
Vs-‘ t add* r

Alie* Grin

ST \TEM EXT OF -I EXE ;>A 1944
Resources
Loans and discounts
Overdrafts

..

Liabilities
. 8172.941,03

.

t" S Gov't obligations

852.70

.

24,900,00

oth er bond- and seeurit w-

’ ,354.59

Fiirnitn)‘u and fixtures
Banking muise

..

_

Cast- sod sue from hank-

200.00
! ,709,00

5**4.604.46

Total .......... ................ .......$798,352,86



Capital stock __
. _
Surplus fund
.. .
Undivided profits
Reservt s
Demand deposits

Time deposits
Public funds
Total deposits

8 25,000,00
5.001)..)0
14,153 68
206.78
868.409,07
.
__ 25,081,58
80,441,77
__ ...

8753.992.40

Total ______________ __—$798,352.86

State of Arkansas: Bank Department

86

LOGAN COUNTY B AN K ,SC R A N T O N
Population, 322.

Logan County

Chartered April 7, 1926.

Transit Number 81-686

Officers

J. D. Knight________________President

Prank Ahne
Leonard Ahne
Mildred Ahne

Leonard Ahne________ Vice President
Prank Ahne__________________ Cashier
Mildred Ahne__________ Asst. Cashier

Directors
J. D. Knight

STATEMENT OF J U N E 30. 15*44

Resource*

Liabilities

Loans and discounts______ 3127,899.40
Capital s to ck _____ _____ 8 15,000.00
Loans on commodities-.
.63,800.00
Surplus fu n d _______ ......
7,000.00
Overdrafts . ____________
195".67
Undivided profits ______
6,088,04
U. S. Gov’t obligations____ 131.000.00
Reserves _____ 6,500.00
300.00
Banking house _________
Demand deposits ________ 540,233.56
Cash and due from banks. 3456133.97
Time d e p o s its ___________
78,047.81
Public funds ____________
19,459.60
Total deposits .8637,741,00
Total _ _ .

____

Total _

..8672,329 04

THE SEA 141 4

.. _S672.329.04

SANK, SEARCY
White County

Population. 3,67' .
Chartered May 1, 1913.

_________

Transit Number 81-154

Officers
Cal Aclin
E, P. Pyeatt
Hubert Smith

Thos. A. Watkins______ __ President
E. P, Pyeatt_____Exec, Vice President
Frank S. Leavitt_____________Cashier
Marian S ch w a rz __ __ Asst, Cashier

Directors
.Thos, A. Watkins
H. K. Wood

STATEMENT ( F JUNE 30. 15*44
Resources
Loans and discounts_____ S
Loans on commodities___
Overdrafts _ ___________
U. S, Gov’t obligations-Other bonds and securities
Furniture and fix tu re s-Cash and due from hanks

Liabilities
Capital stock* _________$ 100,000.00
Surplus fund _______.
20,000.00
Undivided profits
__
13,946.02
Reserves - ------------------801.18
Demand deposits _______ 2,006,741.30
Time deposits
___ _ —
1,105.02
U. S. Gov’t deposits____
182,657.48
Public f u n d s ____________
195,038.44
Deposits o f banks______
12,103.04
Total dep. - -82,397 .645.28

454,82:3,05*
189,900.00
81.89
779,108.15*
217,794.07
5,822.61
884,802.63

T o t a l _________________ 82,532,392.18
* FiiM !•»-* SVrrt-tl Mock with t>;. r \nlut <>| * jo.mut




Total
ok

_____

________ $2,532,392.48

ami i-MirmniH -Kiel w ithe11* vaht* •<{ #f>4.0t(e 00.

Thirtieth Annual Report

87

TH i: S VA I'KITV BANK, SEARCY

Populanim. 3,670.
<'harieiud h brutry li, 1932.
J.
B.
\
K

Officers
L. Walker,
,
President
o. Huddleston __ _ Vice President
J Stephens . ,
Vice President
ik Yancey
_ . Y Pres, and Cashier
V, Si d’fuer
_ A>st Cyshiei

Whitt* County
Transit Number 81-15;;
f Mrectoi s
Geo. D. Booth
B. C. Huddleston

K B. Knud

A. J. Stephens

H. 31. Thompsoti
J .

L ,

Walker

K. C». Yancey

3. W. Sanford
S. W. Sanford

Bay A. Yarnell

STATEM ENT OP Jt’ XF. 30, 1SU4
Liabilities

Resources

Loans and discounts
Loans on commodities

X 1X5.79(5.70
206,097.82
Ox e r d r a ft s
. _
109.25
P S, Gnv‘? obligations
Ids,200,00
Other bonds and securities
02.528.94
Furniture and fixtures
1 .0 0
Banking house
1.00
TOO
Other real estate.
Cash and dm from bank" 5 0 2 . 7 0 l :>9
Total .............. . __........ .81.456,039.30

• if

Capital stock
. .
Surplus fund __
P tidivided profits
Demand deposits . ..
Id S. Gov’t deposits
Public funds
Deposits o f banks. . . .

T.dal ,k.j>.

Papula! mu, 1.33!

Officers
J A Me<
- Ibesidem
A L. Blakely
.
Vice President
Coats A. Mitchell
Cashier
sTA P1' MFX't U Resou rces
Leans usi discounts
x - ,,55 1.71
9 300,00
Loans on commodities.
Ot erdrafts
48.93
. dob.500.00
C 8. Gov’t obligations
Other bond' and securitic s
L500.O0
1.000.00
Furniture and fixtures
1.026.48
Barskimr house
__
Other real estate
LOO
291.973.81
Cash and due from banks
1,57t».35t
Other resources

57,890.27
,038,758.88
111,725.32
127,101.70
10.705.19

81,288.049.09

Total

II ,450,039.30

Grant County
Transit Xiimbei s i -132
Directum

V. L. Blakely

<’. A. McCoy

1). P. Ccarlev
O. R. Kelly

J. A. McCoy
( earn A. Mitchell

-JI N K 3.0, 1944

Liabilif u •-

t apital ."tuck _
8 25,000.00
25,000.00
Surplus fund .
Cndivided profits .
23,655.54
Demand deposits___
593,241.47
18,492.90
Time deposits
F. S. Gov't deposits..
107,997.50
Public funds . _
101.065.3$
98.55
Deposits of banks___ _
Total deposits. .$820,895.80
i hum* liabilities .




50,000.00
OO.UOO.Oe

\\ i * <h \ f A B \M\. SHERID W

* bartered July 29 1903.

Total

8

8*900,478,32

Total

__ .. .

5,929,93
$900,478.32

88

State of Arkansas: Bank Department

BANK OF SHERRILL, SHERRILL
Population, 258,

Jefferson County

Chartered August 13, 1013.
Officers
A, R. Merritt_________ ___ __President
Jim G. Ford__________ -V ice President
Mrs. A. R. Merritt ___________ Cashier

Transit Number 81-558
E. L. Burgess
R. P. Cratin

Directors
Jim G, Ford
A, R. Merritt

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts____54,629.17
Loans on commodities _____ 10,940.52
Overdrafts _________
8.95
U. S. Gov’t ob lig a tio n s---- 145,000.00
Other bonds and securities 52,388.04
Furniture and fixtures____
500.00
Banking* house __________
2,500.00
Cash and due from banks-- 79,061.82

Liabilities
Capital s t o c k * ____________$ 25,000.00
Surplus f u n d _____ ___
6.500.00
Undivided profits _ ____
3,531.75

R eserves_____________
8,000.00
Demand deposits________ 238,286.73
Time d ep osits___ _______
32,735.59
Public fu n d s_____________ 30,128.68
Deposits of banks________
843.75
Total deposits__$301,994.75

T o t a l ___ _____________ $345,026.50

T o t a l_________________ $345,026.50

* First preferred stock with par value o f $12,500.00 and common stock with par value of
$12,500.00.

BANK OF SIDNEY, SIDNEY

Population, 153.

Sharp County

Chartered September 23, 1912.

Transit Number 81-522

O fficers

J. W. McGee_______________ President
O. S. Westmoreland___ Vice President
R. C. Pounders______________ Cashier
Mrs. R. C. Pounders___ Asst. Cashier

Directors

J. W. McGee
R. C. Pounders

O. S. Westmoreland

STATEM ENT OF JUNE 30, 1944

Resources
Loans and discounts___ S 8,463.45
Overdrafts ___________ _ .
46,71
U. S. Gov’t obligations__ _ 109,200.00
Other bonds and securities 20.000.00
Furniture and fixtures. 450.00
Banking h o u s e _______
.
750.09
Cash and due from banks.- 79.237.3c

Liabilities
Capital s t o c k ____________$ 5,000.00
Surplus fund ____________
4,000.00
Undivided p r o fits ________
727.19
Demand deposits _
__
208,104.95
Public funds ___________
315.38
Total deposits^ -8208,420.3:5

T otal ___________________ $218447.52

Total ___________________ $218,147.52




89

Thirtieth Annual Report

BR ATT-W VhSON BANK, SILOAAI SPRINGS

Population. 2,764.
Chartered Apn* x, 1922.

Benton County
Transit Number Kl-70*1

Officers

D i re c to rs

Marion Wesson
Vol W a ssot:__
Sa<iie Mottr<»e

. _ _ President
Vice President
Vice Pi esident

Tam Whiteside

FCC Sumu'-r

Asst

Sadie Monroe
Elsie Sumner
Marion Wasson

Vo I Wasson
Tom Whiteside

Cashier
Cashier

STATEMENT OF JUNE 8o. 1944
Resources
In>; v ami d’ "counts _ _ S
<Kvrdrafi 1 S. Ce-.
‘*;'ligatn»!!>_
; >tO*r Sul d- an<l securit
Furniture and fixtui eBanking hogs,Other >•*-.,p e-tau’ ’ash nta! dim fr<>n; mniK, pPet* re-<*•jr<
f

t e
* F i r s t preferred

stock

w it h

200,221. JO
897.21
9! 1.150.00
1o:*,,281.60
1.892.00
•’,.200,00
155.(H)
:•, 2.52(548
12 55 1.27

Liabilities
Capital stock'1
. . „ .8 iO.OOO.OO
Surplus fund
. .
10,000.00
10.258.16
} Tulivided profits
Reserves
____
22.800.0o
1,809,315.13
Demand deposits
Time deposits
_ __
153,505.20
17, S. Gov't deposit? . _ _ 120,377.75
Public funds ...............
49.500.72
Total «Tp,
$2,182,698 sp

>2 .2 i .1.252.02
Total
_ . 82,215,252.02
u:; . '"<< <>,i aiNt . •ninuni -s.rk win, |,<e vain,- of

par

SMAt h m HR STATE BANK, SMACKOVER
Fopniantit], 2,225
< part- foe \un'

m 192s.

Cnion < 'entity
Transit Number sl-05i

t Iffic e l 's
1 F.,
Mike
1. K
R \

B> rr .
Borg
__
T' r-aivS«>|- dr.
Me- !«‘V..

Ihtortoi -

President
Vic*■ !'resident
<dtshiei
/\ A-•• 1 ashier

il. L. BetAlike Berg
•I K. Berta

Homer T. Rogers
I E Tennyson, Ir.

ST VTKMKXT OF -JCNK 80, 1944
Re^ouri o'

Tin b iiit.e -

«,>: i discounts _ _ .KlC.112.7tt
1', >, 0<>\'• oldigaiion-. . 100,507,82
<Cher bi.n.h and set ntitm s 157,400,25

Capital stuck . _ .
. . _8 25.000.0(1
Surplus tund
.
. 25,000.00
Cndivided profits
. _ .
12,845,60

l. >;>!■'

F , UT-’ fl O 'e

f'X * lire - _

1.071.00

EOOO.OO
f T-m a! .• iue from i auk < 55n, 759.07
t >! ho>- r -a n\-.
1.074.52
B, U.k i\

• -IlSe

R<. serves . ___
Demand deposits

_ _
0,518.84
__ _ 062,999.68

Tinu deposits _ _ ___ .
C. S. ( b n ’t deposits
Public funds ..
_____

102,855.50
70,176.41
27.397.38

Total deposits. 8865.428,07
Other liabilities ______ __
Total



8937,826.18

Total

32.68

.|937,826.13

State of Arkansas: Bank Department

90

CITIZENS BANK. SMITHVILLE
Population, 2-50.

Lawrence County

Chartered March 23, 1901

Transit Number M-484

Officers
Cleo Holt _________________ President
Mrs. J. M. Street______ Vice President
Luke Johnston _____________ Cashiei
M. A. Conyers_____ _ _Asst. Cashier

Luke .Johnston

Overdrafts _

. ___ _

.

234.2u

U. S. Gov’t obligations__ 527,660.00
Other bonds an<l securities
1,840,77
Furniture and fixtures____
400.00
Banking house __________
200.00
Cash and due from banks.. 108.006.54

HO. 104 4

Liabilities
Capital s to c k ____________ $ 1U.000.00
Surplus fund _____________
5,000.00
Undivided p r o fi t s ________
0,360.07
2,000.00
Reserves _________ _____ _.
Demand deposits ________ 00,5,166.17
Public fund? ______
59.887.67
Total deposits. _$665.058.84

Total

.$688,414.51

Total

Mrs. J. M, Street

G, W, Perkens

STATEMENT OF JUNE
Resources
Loans and discounts______ 8 49,978.(10

Directors
Eagle Street

Cleo Holt

$688,414.51

MERCHANTS AND PLANTERS BANK. SPARKMAN
Population, 840.

Dallas County

Chartered September 19, 1916.
C.
S.
C.
R.

Officers
F, Sturgis_______________President
B. Horne___________ Vice President
E. Hays___________________ Cashier
A. Littrell__________ Asst. Cashier

Transit Number 81-581

C. E. Hays
S. B. Horne
C. F. Sturgis

Directors
W. P. Sturgis
P. H. Taylor

STATEM ENT OF JUNE 30. 1944
Resources
Loans and discounts______ I 50,712.33
Loans on commodities____ 2.50,300.03
U. S. Gov’t obligations____ 155,252.50
Other bonds and securities 13,821.97
Furniture and fixtures____
100.00
Banking house __________
2,400.00
Other real e s t a t e ________
LOO
Cash and due from banks.. 251.898.48
Other r e s o u r c e s _________
1.00

Total _________________ $724,487.31




Liabilities

Capital stock _____________$ 10,000.00
Surplus f u n d _____________ 13,500.00
Undivided p r o f i t s ________
3,117.23
Demand deposits ________ 643,523.68
Time deposits ___________
28,396.82
Public funds _____________ 30,853.27
Total deposits--$697,773.77
Other liabilities _________

96.81

Total _________________ $724,487.31

Thirtieth Annual Report

91

FIRST STATE HANK. SPRINGDALE

Population. 3,319.

Washington County

Chartered February 12, 1923.
Officers
Tom Hargis _ ___ _
- . . President
Shelby Ford
_ Fixer, Vice President
I, R. Joyce
.
, Vice President
J. S, W at»s_ _
- .Vice 1'iesident
T, I.. fow ler . _
<'ashier
Mace D. Howell. . . _ Asst. <'ashier
Elmer Johnson. Jr. _ . Asst, ' ashier

Transit Number 81-858
Director-

Shelby Ford
T, L. Fowler
C. L. Georg t
Tom Hargis
Elmer Johnson
I.. E. Johnson

J. H. Joyce
C. P, Sisco

Joe M. Steeh
J. S. Watts
A. P, \Vi!-ot:

STATEMENT OF JENE 38, 1944

Liabilities

Resources
Loans and discounts . S 3(15,392.18
C, S Gov't obligation-.
898.3*2.32
Other bonds ami seenritie77.821.53
Furniture and fixture; ,225.00
.7800.00

Banking house .

1'ash and dm from LankOther resources

00,215.07
50.(iii

Capital stock

...

_ _. 8

Surplus fund Undivided profits
Ocmaml deposits
Time deposits „
C, S. Gov’t depositPulilic funds
Total dep.

Total ............ ....... ........$1,858,916.08

10.000,00
! 0.008.00
i*.085.37
215.l* s 14

329.927.8!*
194,553.00
5 5.241.s>

SI ,70*0010.71

Total

$1,858,916.08

HODt \\\ HANK, STAMPS
Pt.pqlatii.: , 2 , 405 ,
1 'hartered

<Mt im < , L. Cain . .
.
President
Dr, F. E. Baker
Vice President

J. (’, ('abe

La Fayette County

1)et emm-r *, 1902.

.

Vice President

A. P, Beasley. . . .

.
Asst

R. FT Putv

Transit Number *1-438
Director-

Dr. F. E. Baker
■\, P. Beasley
W R. Bouev

R. T. Boulwan
( ’ L. ('ah.
J, <7 <'ala

( ‘ashier

Cashier

STATE VENT OF JI NK 3m, 1',<4J
id -oitr- c '

Leans atm discounts
* 519.305,28
Loans on commodities135,601.05
F. S. GoCt obligations295,400,00
Other bonds and securities
Furniture and fixtures
Banking house
Other real estate ,
Cash ami due from LankOther re-moves

Total



180,183,72
100.00
LOUO.OO
16.00
a';, 190,37
“ (><>

-11,076.105.42

Liahditit Capital stock
___ 8
Surplus fund .
_.
.
Undivided profits
.
Reserves _
. _
Demand deposits
._
Time deposits
____
U. S. Gov’t depositsPublic funds
________
Total <kp. -8 936.132.74
Total

5u.uO0.O*‘
30,000.00

39,346.50
20,626.1*
563,006,88
187,969,08
129,083.32
76.073.46

______________ $1,076,106,42

92

State of Arkansas: Bank Department

BANK OF STAR CITY, STAR CITY
Population, 1,090.

Lincoln County

Chartered April 7, 1925.
Officers
R. A Iso brook----------- .. „ President
Paul Offutt ----------------------------Cashier
Isaac Chambers ______ Asst. Cashier

W.

Transit Number 81-437
Directors
Clyde E. Fish
Isaac Chambers
Paul Offutt
J. D. Cogbill
G. D. Smith

W. R. Alsobrook

STATEM ENT OF JUNE 30, 1944

Resource:-.

Liabilities
Capital stock ___________ 8 20,000.00
Surplus f u n d ___________ _ 20,000.0(1
Undivided profits _______ 24,411.80
Reserves _ _______________
3,680.00
Demand d e p o s its ________ 439,747.97
lim e d e p o s its ____________ 53,125.22
U. S. Gov’t deposits______
112.50
Public funds _____________ 194,897.71
Deposits of banks_______
11,606.50
Total deposits .§099,489.90

Loans and discounts______ §107.225.73
U. S. Gov't obligations____ 300.325.00
Other bonds ami securities
28.812.50
Furniture and fixtures__
2,100.00
Ranking h o u s e ________ _
5,000.00
Other real estate________
3.00
Cash and due from banks. 324.115.53

Total

.§767,581.76

Total

.§767,581.76

CITIZENS BANK, STRONG
Population, 762.

Union County

Chartered January 19, 1931,
O fficers
O. B. Clark___ _____________ President
It. A. Burgess________ Vice President
M. L. Sumners__________
.Cashier
Barron Finney__ _____ Asst. <fishier

Transit Number 81-441
Directors
C, 0. Bird
R. A. Burgess

J. E. Cooper
C. H. L.nvis

(). B. (’lark

STATEMENT OF JUNE 30, 1944
Resources
Loans ami discounts., _.S 53,314,37
Overdrafts _ _________ __
4.82
U. S. Gov’t obligations._ . 9o.MC.50
Other bonds and securities
2,0(81,00
Furniture and fixtures- 109,00
Banking house _______ _
500.00
Other real estate________
125.78
( ’ash and due from banks- 391.003.03

Total




,§537.945.80

Liabilities
Capital s t o c k _____________§ 25,000.00
Surplus f u n d _____________
12,500.00
Undivided p r o f i t s _________ 14,348.45
Reserves __________
1,060.07
Demand deposits _________ 434,799.89
Time deposits ____________
16,027.36
U. S. Gov’t deposits______
23,176.01
Public funds _____________
11.034.02
Total deposits _S485.037.28

Total

.$537,945.80

Thirtieth Annual Report

93

C 1TIZKNS HANK. TILL AM

iVpul; ?m »u . 229,

>,
< 11.
J. fl
V C
b.

P iev UuunU

< hartfi*‘<j Julv 2v 1913.

Transit Number *1 -44‘ >

Officers

Director*
E. S. T iv a l
C. H. Kinibro
W. S. Wood
•I. H. Kimhre

TerrU
Kiiiihro
Kimhiv
Harrell,

Pf t -idem
Viet* Ps esident
<'ashier
_ L s t 1 ‘ashier

V. C. H an ill

STATEMENT OF JUNE im 1944
Resources
Loans and discounts
, _si i 1,9 <5.43
l T. 8. Gov't obligations
162.000.00
Other bonds and securities 00.714.00
Furniture and fixtures
465.81
1.765.68
Banking1 house
Cash and due from hanks 120,099.65
1,150.00
Other resources
Total

..____ __________ 8367.371.47

Liabilities
| 25.000.09
t 'aortal stock __ -----Surplus fund __.............. , 20,000.00
17,597.94
Undivided profits ,
Demand deposits
272,373.51
13,581.61
U. S. Gov't deposits.18.818,19
Public f u n d s __
.
Total deposits -8104,771 .52.
$167,171.47

Total

BANK OF T R l MANN, TRI M ANN
Popular,,,;,, 3,381.
Chartered <k*n»ltei 26, 1011,
Officers
. President
■1. A. Cash,
___
Gi o. t). Campbell- , , , Vice President
M, T. B ern . __ - - - _Vice President
<’ashier
Earl Yarbrough . .
Edith W atkins-, ,
, . Asst. < ashier

Poinsett County
Tiansit Number 81-48*
Director-

,M. T. Byrn
Geo. 0. Campbell
Geo. B. Cash

J. A. < ash
Norri s C, Tayloi

STATEMENT OF JUNE in. 1944
Resources
Loans and discounts- _ . $ .165.119.55
11.206.75
Loans on commodities__
18.000.00
U. S. Gov’t obligations,Other bonds and securities
8.000.00
Furniture and fixtures .
1.00
Banking house ____
. .1,800.00
Other real estate__ .. . _ .
1.00
Cash and due from banks 1.056.740.70

Total _




480,869.00

Liabilities
Capital stock _________ 5 50,000.On
50.000.00
Surplus fund ________ _
Undivided profits ___ 32,347.55
Reserves
____ _
15,771.64
Demand d e p o s its ___ . 1.198,100.26
3.360.00
Time deposits __ ______
29.775.00
U. S. Gov’t deposits___
! 01,514.55
Public fu n d s __________
Total dep. --S1J12.749.81
Total _

480,869.00

94

State of Arkansas: Bank Department

BANK OF TL'CKERMAN, T l7( ’KERMAN
Population, 875.
Chartered November 8, 19*
Officers

F. L. Penix_______________ President
R. 0. Norris_____ ___ -Vice President
O. B. A rm stron g. ____ _____ .Cashier
Chas. Shaver—
____ Asst. Cashier
STATEMENT C

Resources
Loans and discounts__ ___ $ 81,275.86
U. S. Gov’t obligations ___ 89,752.00
Other bonds and securities
1,329.32
Furniture and fixtures___
1,000.00
Banking house _____________ 4,000.00
Cash and due from banks. 588,466.03

Total ____ ____ _______ .$765,822.71

Jackson County
Transit Number 81-448
Directors
(). B. Armstrong
F , L , Penix
D. C. Dowell
A. S. Riegler
IC O. XorrN

JUNE 30, 1944
Liabilities
Capital s to ck ___ ______ __$ 25,000.00
Surplus fund ______ .__ ___
7,500.00
Undivided p r o fits ________ 11,620.73
Demand d e p o s its ________ 566,771.11
Time d eposits___________ 58,461.11
Public funds ____________ 92,832.26
Deposits of banks________
3,637.50
Total deposits _$721,701.98
Total

.$765,822.71

BANK OF TUPELO, TUPELO
Population, 249.
Chartered May 25, 1919.
Officers
J. H. Snapp_______________President
Tom J. Looney________Vice President
H. C. Giles____ _____________Cashier

Jackson County
Transit Number 81-610
Directors

H. C. Giles
Tom J. Looney

J. H. Snapp

STATEMENT OF JUNE 30, 1944
Resources

Loans and discounts_____ S 42,228.09
1.00
Furniture and fixtures___
Cash and due from hanks. 144.177.48

Total .




$186,406.52

Liabilities
Capital s to ck -- -----------------$ 10,000.00
Surplus fu n d ___ _________
3,000.00
Undivided p r o fits ________
3,081.38
Demand d ep osits________ 151,992.78
Public funds --------------18,332.36
Total deposits _$170,325.14
Total _

$186,406.52

Thirtieth Annual Report

95

CITIZENS BANK AND TRUST COMPANY, VAN BtJREN
Population, 5,422,

Crawford County

Chartered December 20, 1910,

Transit Number 81-101

Officers

Directors

David T. Bryan_____ ______ President David T. Bryan
Robert W. Geliy..____ Vice President Harry W. Bryan
Frank D. Pape.___________ ...Cashier Robert W, Geliy

Joe ('. McKinney
Prank D. Pape

STATEMENT OF JUNE 30, 1944
Resources
Loans and discounts-........ $ 51,849.27
U . S . Gov’t obligations-913,721.82
Other bonds and securities; 246,158.09
Banking house ... - _ _ _
7.500.00
Other real estate-- __
1.00
Cash and clue from banks 461 J. 26.53

Total

_ ____ _____ ______

$1,680,356.71

idabflitie$ 50,000.00
Capital stock
25,000.00
Surplus fund ___
34,269.74
Undivided profits
33.260.30
Reserves
___
Demand deposits
1,150,419.60
Time deposits
272,425.02
U . S. Gov't deposits- . .
2,729.08
Public funds . _
_
112,252.97
Total dep. -81,537.826.6't
Total

_ ___________

_

...$1,680,356.71

PEOPLES BANK AND TRUST COMPANY, VAN BUREN
Population, 5,422.
Chartered August 12, 1933,
Officers
J J. Izard-_--------------------- President
Dell M i l l e r - P r e s , and Cashier
Stewart Condren_......__Asst. Cashier

Crawford County
Transit Number 81-100
Directors

Hal Brown
C. J. Franklin
J, J. Izard

A. W, Meier
Dell Miller
W. H. Phillips

STATEMENT OF JUNE 30, 1944
Resources
Leans and discounts...... ..S 58,639.08
Overdrafts _ __________
5,108.90
U. S, Gov’t obligations-_ 784,401.02
Other bonds and securities
94,862.50
Furniture and fixtures. 2,000.00
Banking h ou se ______ _
6,500.00
Other real estate_____ ......
1.00
Cash and due from banks 592,640.34
Total _




.$1,544,152.84

Liabilities
Capital stock ____ ______ $ 50,000.00
Surplus fund __________
20,000.00
Undivided p r o fit s ...........
13,329.56
Demand deposits _______ 1,029,828.57
Time deposits __________
207,173.24
U. S. Gov’t deposits____
133,186.45
Public funds __________
90,635.02
Total dep. --$1,460,823.28
Total .

$1,544,152.84

96

State of Arkansas: Bank Department

BANK OF W ALDO, W ALDO
Population, 1,240.

Columbia County

Chartered September 2, 1890.
O fficers
Ivie E . H o w e ll_______ _ ________ President

W. S. McKissack______ Vice President
J. Thurston Howell_________ Cashier

Transit Number 81-265

Directors
Ivie E. Howell
W . S. M cK issa ck
J. Thurston Howell

STATEMENT OF JUNE 30, 1944
Resources

Loans and discounts______S 40.404.22
Loans on commodities ____
8 2 .9 0 0 .0 0
U. S. G o v ’t o b lig a tio n s___ 159.474.00
Other bonds and securities 15,825.00
Furniture and fixtures____
650.00
Banking house __________
3,000.00
Other real estate_________
70.15
Cash and due from banks- 137,942.53
Other r e s o u r c e s _________
100.00
T o t a l ______________________ $ 4 4 0 ,3 6 5 .9 0

Liabilities
Capital stock* --------------------$ # 2 5 ,0 0 0 .0 0
Surplus fund
---------------5,000.00
Undivided p r o f i t s ________
6,034.33
R ese rves _____________________
7,500.00
Demand deposits ___________ 33 5 ,5 6 7 .8 5
T im e d e p o s i t s _____,_________ ,
U . S. G o v ’t d e p o sits_______
P ublic fu n d s ________________
T o ta l deposits -$ 3 9 6 ,8 3 1 .5 7

1 6 ,641 .45
1 9 ,969 .43
24 ,6 5 2 .8 4

T o t a l _______________________ $440,365.90

* First preferred stock with par value of $10.000.00 and common stock with par value o f $15,000.00.

TH E PEOPLES B A N K , W A LD O
P opu lation , 1,240.
Chartered June" 22, 1910.
O ffic e r s
H . A . F in ch er_________________ P residen t
J. E . O ’D a n ie l__________ Vice P residen t
B.
L . F in ch er_____ ._____________ C ash ie r

C olu m bia C ounty
T ra n sit N u m b er 8 1 -2 6 6

Directors
E . F . F in ch er
G. L . F in ch er
H . A . F in ch er

W . O . F in ch er
J. E . O ’ D aniel

S T A T E M E N T O F J U N E 30, 1944
R esou rces
L o a n s and d isco u n ts_______ $ 56 ,1 5 8 .7 8
L o an s on c om m o d itie s_____
5 7 ,8 0 0 .0 0
U . S. G o v ’t o b lig a tio n s___ 3 3 3 ,1 0 0 .0 0
O th er bonds and secu rities
58 ,3 8 7 .2 5
F u rn itu re and fix tu r e s ___
1.00
B an k in g house _____________
1,0 00.0 0
O th e r real e s ta te __________
2.0 0
C ash and due fr o m b a n k s - 15 3,9 5 2 .1 3

L iab ilitie s
C a p ita l stock ______________ $ 2 5 ,0 0 0 .0 0
Su rplu s f u n d _______________
1 0 ,000 .00
U n divided p r o f i t s __________
6 ,5 0 7 .6 4
D em an d d e p o s i t s __________ 5 0 1 ,5 0 7 .9 9
T im e d e p o s i t s ______________
4 7 ,4 2 7 .4 2
U . S . G o v ’t d e p o sits_______
3 5 ,9 6 2 .5 0
P u blic fu n d s ________________
33 ,995.61
T o ta l deposits -$ 6 1 8 ,8 9 3 .5 2

Total _____________________ $660,401.16

T o t a l _____________________ $660,401.16




Thirtieth Annual Report

97

BANK Ol \V VLDKO.N. WALDRON

Papula!u.i>, 1.298.
« bartered 4 ftrii

1901.

Officers
W B. Pne_ .Pn-sidem
< . E, F o r r o t e r _
\ ice President
M.
Biro’
_
- - < ashier
Mt-Hie F e , r u <•
As>t, 1 ’ashler

Scott County
Transit Number 81-229
\V. A. Bates
M. C. Bint

Dirt HorMiles Dozier
F. E. Forrester

Mollie E, (.'enter
( Sue Davidson

W. S. Mitchell
W, 1*. Piles

STATEMENT OF JUNE do. 15)44
Resource*i.oai)' am; ducounts- _
Loans on • mmmdities
Overdraft'
I’ . S. the.';
<Mher bonds and securitie
Furniture and fixtures
Banking house
i 'ash and dn<
; auk
Other resourceTotal

lA .594,22
) b.ddtMHt
5 15.90

Mis.di >0.00
22.470.74
700.Ob

.*,200.00
526.382.10

tAil hi lit ie( upitai stock
> 20,000,00
Surplus fund .
___
25,000.00
8,022.00
Undivided profits
! ,085.228.77
Demand deposits
Time deposits _
128,915.10
1L S. Gov’t deposits.

Public funds „ _ _
Total dep. . . SI,447,215,8s-

81,621.90
141.450.05

701. 00

............. ......... s’ ; r>2i' 2'is.p7

81.580,228.91

Tut?

MERCHANTS AND PLANTERS BANK, WARREN
Population. 2,516.
Chartered March 15, 1890.

Bradley County
Transit Number 81-159
Directors

Officers

Carl Hollis________________ President
A. B. Colvin__________ Vice President
1C M. Holt_ -..- _____________ Cashier
A. L. Moody_________ _Asst. Cashier
Helen N. Harris______ Asst. Cashier

G. B. Colvin
Carl Hollis
F. M. Holt
J. P. Lambert

J. C. Thompson
J. E. Stewart
Arthur Weiss
0 . W . W h e le ss

STATEMENT OF JUNE 80, 1944
Resources
Loans and discounts-__ _«f
Loans on com m o d itie s—
O v e rd ra fts ... _____________
U . S. Gov’t o b lig a tio n s . _
O th er bonds and securities
F u rn itu re and fix tu r e s __

Banking house _________
Other real e s ta te ------------Cash and due from banks
Other resources _____ __
Total .




Liabilities

218,008.60
38,200.00
38.38
657,947.00
290,086.58
760.38
15,891.71
2,301.00
676,179.76
3,335.09

.--|1 ,9 0 2 ,7 4 8 J O

Capital stock __________$ 75,000.00
Surplus fund __________
35,000.00
Undivided profits ...... ._
27,221.61
Demand deposits ______ 1,106,043.51
Time deposits _________ 414,736.23
U. S. Gov’t deposits____
126,507.98
Public funds __________
113,239.17
Deposits of banks_____
5,000.00
Total dep. --$1,765,526.89
Total -

.$1,902,748.5(1

State of Arkansas: Bank Department

98

W ARREN BANK, W ARREN
Population, 2,518,

Bradley County

Chartered December 28, 1901.

Officers
Louis E d e rin g to n -------------- .President
R. W . M a r t in . _____ .___Vice President
0. L. Tarleton___¥, Pres, and Cashier
M . C Singer___________ Asst, C ash ier
M . S, Thompson________ Asst, Cashier

Transit Number 81-180

T\|
J, T, Ederington
Louis Ederington
J. B, Frazer
J. R . Gannaway
B. W. Martin

At®C3
S. B. Meek, Jr,
Karl Neal
C, L, Tarleton

STATEM ENT OP JUNE 30, 1944
R esources

Liabilities

Loans and discounts----- . S 187,988,81
Loans on commodities__
34,018.37
O verd ra fts
...... .
.
789.17
IT. S, G o v ’t obligation s 872,660,00
Other bonds and securities
182,854,30
Furniture and fix tu re s..
2,007.80
B an k ing house
....... 20,035,60

Capital s t o c k ______ ________ 75,000,00
Surplus fund ________
30,000,00
Undivided p r o f i t s _____
28,022.89
Reserves _ ____________ ...
6,954.09
988,821,45
Demand deposits _______
Time deposits _____
298,721.74
U. S. Gov’t deposits______ 120,491.11
Public funds ___________
79,877.00
Total dep. _ _ $ 1 ,4 6 7 ,7 1 1 .3 0

O th er real

e s t a t e ........

3,0 0

Cash and due from hanks
Other resources _
—

545,350.23
1,00

T o t a l ______________ _ .$1,605,688.28

T o t a l_______________..$1,605,688.28

BANK OP W EINER, W EINER
Population, 447.
Chartered April 2, 1909.

Poinsett County
Transit Number 81-458

Officers
L. H o g u e ........... — ...........- - - .....President
W m , K n apple
.......... Vice President
---------- ------- C ash ier
E, E. H o g u e .. . .
Lena F r e n c h -----------------. . A s s t , C ashier
Margaret W in t e r s . . . A s s t, C ashier
STATEM ENT

Directors
Wm. Knapple

E, E. H ogu e
1- H ogu e
M rs, J, I?. H uber
C arl H u ffm a n

1C A . Z ie g e n h o m

OF JUNE 30, 1944

Resources

Liabilities

Loans and discounts .
8 46,9(50.27
O ve rd ra fts ..........
.
197,26
U , S, G o v ’t, o b l ig a t io n s ..
203.1l»o.0o
O ther bonds and securities
9.8 7
F urniture and fix tu res
.
500.00
B anking house _______ ...
3 0 0 .0 0

Capital s t o c k ________ ______ $ 2 0 ,0 0 0 ,0 0
Surplus f u n d -------------15,000.00

Cash and due from banks

T otal _




622,967.29

.| 874,334J9

U n divided p r o f i t s _______ ___

1 4 ,6 2 3 .5 8

Demand d e p o s it s ________ 7 5 5 ,6 7 4 .0 9
Time d e p o s its _________
3 2 ,2 6 2 .7 3
U. S. Gov’t d e p o sits________
2,348.25
Public f u n d s ________
34,426.04
Total deposits _$ 8 2 4 ,7 1 1 .1 1
T o ta l _

.$874,334.69

Thirtieth Annual Report

99

BANK OF WEST MEMPHIS, WEST MEMPHIS

Population, !,.*>*>;i,
f 'bartered April J1, 1928.
E. J
Wi n,

t. K,
Miss
MU-

Officers
Whit*
. .
. .President
H. Hundlmusen Vice President
Fleming- . _
. »’ashier
Kathleen Yokles _Asst. < ashier
Eller,f Land)
Asst > ashier

Crittenden County
Transit Number M-695

Director^.
G. M. C’oletnati
Arthur Russel!
A. C. Oliver
1). B. Woo Ila nl
Win. FI. Hundhausen E. J. Whit1
H. -uvey E Thompson

STATEMENT OF JUNK Oo. 1D44
Resources
Loan- and .lOcnimts- _
Loans on commodities.

14d.S4d.22

I.L S. Gov’t obligations.

dtio, 100.00

Llah-iil ie-

21.000.10

Other bonds and seen lit ies
F’urniture and fixtures
La'h and due from hacks

'Total

77,30;!.29
7,684 5n

727 751.1b

_$ 1.2 76.240.66

( 'apital stock

_. .

Surplus fund __
L ndivided profits
Demand deposits
Time deposits
L, S. Gov’t deposi’ s
Public funds _ _
Total dep.
SI ,196,1)32,33

Total

25 .0 0 0 .

‘J74.664.8h

78,419.52
7 640.97
ru.3P7.22

S1.276.24U.66

MERCH \NTS AND t1•I.XNTKRS BANK. WEST MEMPHIS
Popula* In!
*'bartered Au» u->-

Chip.

3, 1941.

Officers
li E, Robertson _ _Pre•s. and <’ashier
J. L. McCa n . ..
Vice Pr esident
Asst, t 'ashier
H. O. Coat?
'ashier
Ruby Bledsoe
Asst, t 'ashier
Marion Clark

Crittenden CountyTransit Number 81-743

Directors
John A. Cooper
R. E. Robertson
Stacey McAdams John M. Smith
J. C. MeCaa
W. L. McKee

STATEMENT OF JUNE 30, 1944
Resources
Liabilities
Loans and discounts
"■5,149.1K Capital stock ....... ... ............S .50,000.00
Loans on commodities
. 15 0.287.09
Surplus f u n d _____ ____,__
10,000.00
U. S. G ov t obligations
_ 356,092.51 Undivided p r o fit s _________ 12,718.28
Other bonds and securities
19,151.05 Demand deposits _________ 651,459.36
Furniture and fixtures .
5,472.90 Time deposits ________
27,950.31
< ash and due from hanks
261.9x5.71 U. S. Gov’t deposits...... ...... 96,120.54
Public fu n d s _____ _______
55,190.25
Deposits o f banks-._______
5 000.00
Total deposits _$835 ,7 20 .46
T o t a l ................ ................$908,438.74




(19

45.000. 00
10,208.11

Total _ ... _.........................S908.438.74

State of Arkiimcm: Bank Department

100

MCE GROWERS BANK, WHEATLEY
Population, 882,
Chartered September

27,

St,

Officers
Smith, Jr___________ President
Sam P. Brownlee, J r ._ _ V . Pres, and
Cashier
Miss M. H . B ritten u m _ - A s s t . Cashier

Transit Number 81-458
Directors

H. K.

S. P. B row nlee, Jr.
M iss M a y m e L yon
H . K . Smith, Jr.

STATEMENT OF JUNE
Resources
Loans and discounts_____ $135,790.00
Loans on commodities___ 118,939.22
Overdrafts _ _______ .________
228.99

30,

1944

L iabilities
C ap ita l s to ck ________________$ 2 5 ,0 0 0 .0 0
S u rplu s fund ______________
11 ,0 0 0 .0 0
U ndivided profits
______
7,0 54.3 8
D em an d d ep osits __________ 3 7 2 ,0 9 7 .0 6
T im e deposits ______________
4 5 ,578 .24
30,805.14
Public fu n d s ________________
Total deposits _ $ 4 4 8 ,2 8 0 .4 4

U . S. G ov ’t o b lig a tio n s___ 1 2 6,62 2.5 0
F u rn itu re and fix tu r e s ___
2 ,8 0 0 .0 0
3,200.00
B an k in g house _____________
O th er real estate__________
1.00
Cash and due fro m b a n k s - 10 5,753.11

Total .... _... ....................$491,334.82

T o ta l

W IL M O T S T A T E

County

F ran cis

1909,

BANK,

P opu lation , 625.

Chartered October 25, 1937.

.

__________________ _$ 4 9 1 ,3 3 4 .8 2

W IL M O T

A s h le y County

Transit Number 81-788

O ffic e r s

D irectors
J. B. S hackleford
G. B . Sto va ll
W . N . W ilh ite

W. N. Wilhite_________________ P residen t M . C. C ran dall
M . C. C ra n d a ll__________ V ice President Vesta P. deYampert
W . B. D a v is ____________________ C ash ie r E, H . D u nn ing
STATEMENT

OF JU N E

R esou rces
L oan s and d iscou n ts_______ $ 4 2 ,085 .20
L o an s on com m o d itie s_____ 19 4,50 0.0 0
U . S. G o v ’t o b lig a tio n s_____
1 6 ,500 .00
Cash and due fro m b a n k s - 24 1,1 9 3 .3 9

30, 1944

Liabilities
C ap ital stock ---------------------- S 2 5 ,0 0 0 .0 0
Su rp lu s fu n d ________________
5 ,0 0 0 .0 0
U n divided profits -------------14 ,142 .16
D em an d d ep osits ---------------- 40 8,48 7.0 6
Public fu n d s ________________
41 .6 4 9 .3 7

Total deposits -$450,136.43
T o ta l




.$494,278.59

T o ta l

.$494,278.59

Thn

fh A inntiil IA j,<>r

101

liANK OF WILSON, WILSON
Puputatim , i,5oo,
*'bartered Or!o!>«-» •!, PJOs.

Mississippi Ouu»t\
Tran-is Xmiilier 91-402

ns hr i -

i H, ' ram
IP n! on Garret t
Mario Wilson
1
PHHipS

i>srr,(or-

p- rUtk‘!l!
V. Pic- and t 'ashirr
A «t t ashirr
\--v <•ashirr

J. E. ('rain
J. 11. Grain
Brnton <kaiTrt t

r. J. Lowrance, Jr
S. ,\. Reirenold

STATEMENT OF JUNE 30, 1944
UeMiurce*,
Liabilities
!-> on -iiM'uunts .
s .Vtii.S 11,1r> < apital stock
...... ..... ._$
I,onT'S on r.immoditie-

29s.300,0u

*K c r d r a h t . S. d o ’,
ililical amKurpitur* and fixtut* <

1Si).50

i ,i,,h:!2.0o

Surplus fund
I 'ndivided

Reserves

profits ______
__ . ___ _

1 . X 1 X . 1 I K m end deposits
> 4 d 18.*.'!
T im e deposits

r u d . ;.ii.i d i e t s ns

50,000.00

..170,000.00

11,520.95
4,254.28

_______
_______

8 9 9,25 3.5 9
1 0 6,34 9.1 0

T. S. Gov't deposits- ......
Public funds ___________

11.829.34
203,684.58

Total dep.......81,221,116.61
Total

........................ MM .S-’

Total ......................... _ ....... _

x *. 45»>,x;h .xp

TRUSS t <»| NTY 15 V\K. W Y N N E

R.-onin

,i :!,t;:;;J. <Toss < ’mint y

i Ofirt* i ■■o -in: - •• IMP.
( Mfieer-

Block

fl K. Berwick, ir.
(, w. rJpscomh
W -llaco Kldridtre

Transit \sunitor SI Ml

Directors
II. K. Marwick, Jr. -J. C. Hilliard
President Dave Block
J. W. L ipscom b

President
Vice

<‘a sh irr
\ s s t, t ’ ashirr

David D rexier
0 . >1. H am rick

W . W . Shaver, Jr
M St< inhere

STATEM ENT OF JUNE .30, 1944
Resourcei .mu,- and discounts
X 5 17.225.21
2,540,UP
i . a u u mi rmnmoditic•>\•‘ nlrafts
8.13
.;p 7.6p O.Ihi
1’ S. Gov't. Mdip-atiot-s
t nhrr bond- and securitieFurniture and f'x t u n s
790.00
'■ (MIO.iMt
Banking hm;s.
: j 1,2 ms in
(
arid d>m from (>u,rk-

Total .............. ...............$1,280.806.84




Liabilities
30,000.00
i apital stock .
8
45,000.00
Surplus fund _ .
__
24,357.19
! '(divided profits
18 1 ,18 4 . 0 s
Ilemand deposits
57.328.22
Tina* d e H - it s _
*203,413.51
S. G ov ’t deposits.
Public funds . _ .
f 3.523,85
Total dep
_X1, IS 1,441666

Total

SI,280,806.84




R KPORT
OF
BUILDING AND LOAN DIVISION




AND
SECURITIES DIVISION

State of Arkansas: Bank Department

104

BUILDING AND LOAN DIVISION
December 31, 1943

Statement of State Chartered Building and Loan Associations
(Seven Active and Five Voluntarily Liquidated)
Compiled from Annual Reports Rendered to Arkansas State
Bank Department as of December 31, 1943




Thirtieth Annual Report

105

COMBINED STATEMENT OF THE SEVEN ACTIVE STATE
CHARTERED BUILDING AND LOAN ASSOCIATIONS
AS OF DECEMBER 31, 1943
Resources
t a it: ,>,** hand and in dan!, - - Slock t>> federal Home Loan Bank.

-

fedora! Home Loan Bank War Bonds _.

___ ,

U, S

_

Chef

! jo verim ie nt

8 254, 155.75

- _

-.

<et‘ Ul o ie- _ _

n vestment

'ee u rita- •_ .
____
direct redact ion loans

_ -

50.900.00
11.500.00

_ __

t‘>2.1 do,00

•i*>1 mertyayc_ __
__
’ ]!*>! mortyaye straight loans,. __
_
^:i*-, nmrtyaye ^itikina1 Jand loans
. _ . _ _ __
I oa>.'

at other seenmit

__

Hk0 ui.no

_

__

__ __

: 50 U 02.00
11.nS0.22
122.510.70
5.4SS.32

_

At erned nit crest on first •iimlyag’e loans
. __
Second m o rtg a g e loans
_____ - .
Advant
for taxes and insurance on first mortyaye loans
Loans s.-muvd dy shares i f lh<- association-_
Real ,"-'aTo veld on conti.o-t _
__
_ _ _
. - Real e-ant'> ,nnii d _
Korn O’
,md I'ixt ur<->

_
_ _ _ _

100.00

5,700.08
1,151.97
1 5 .5 x 1 , 5 9

70,41 i ,11
25 511.20
2.O0S.75
17.70
1 l.fio
1.789.42
1>02.90
15.70

_ _ .

Accoti'Os r<M‘ei\aide
Uet

-myosits

_

Premium moi-tyae

__

t ron> F f

Other j i o e h
f )e f.■

vi,.o||)v

_ _ _ _ _

_

_
_

_

83,638,965.29
Liabilities
; .

, ■ >,■>.

0.,

1a , , ,'■* ; M<tr; u'av;c P;ede< >t Shares
_ __________
ttfO! !- • T’arnu to Shar- __ .
_ ...... .... .......
Fuiin am Shan - . _ _
____ ______
Metm-tat Pled peri Shill-. ■ _
__
__________
Pre-jia-a Shares
. _
__________
fret- Monthly Installmei ' Certificare.-, __________
Permanent- ..r Gwarant.\ Stack
_ ___________
Ad\.m<es from Federal fF>me Loan Bank__ _____
Loan~ m Process
_
__
......... ...........
\dv nr.- Pa vnicnt" !y !’>■ i
__________
Arcnm-i Interest
...... ____ ______
D efer 11* ; <'redd _ .........
\re< i'j M 4 Payalde
______
t Ie;>t ra i Rest. r\ ,■.,
per Federal I:isttr;e * •
__________
F." Continyvncies _ _ .
...... - ____
For Loyal Reserve. . .
_
_______ __
Fs>- I ’ iieolleett d Fi!teC"*t_
._
......... ........
l-h-r Rea! Estate
.........__....
For Loss on Real Estate Sold.
..... ............
F-m Income Collected in Advance
.................
Fu> Second Mortyay> _
...............__
F " f Doubtful Loan-'
For Miscellaneous . _
.. .......... ....
F">' General Reserv-- Ve*>tiut
_.... .... .......
i »tb o Liamlil ieJ
r?>d;\lied P m ld *




8

9,219.59
21 3 ,‘9 31 .(>5

2.182,2-14.04
54.107.45

In.913.7s
3.773.0“
1 2 ,fnO.OO

I90.925.00
1.150.80
22,281.04
2 '4 2 0 .0 0

i.528.31
9,4s j.52
7 1,0 4
56,6.45.02

5.4.3

100,5ii7.93
158.05

4.992,67
41.403.63
5.252.48
1.732.82
5 ,0 0 0 .0 0

1.170.49
F2o.ihi0.0o
'9.9.50.2 V
2 5 s . i l 1 .27

106

State of Arkansas: Bank Department

FAYETTEVILLE BUILDING AND LOAN ASSOCIATION
FAYETTEVILLE, ARKANSAS
December
Officers
A. C. Ucker-------------------

President

W. P. McNair, Jr__________Secretary
H . L. Pearson______________ Attorney
Resources

Cash on hand and in banks $ 39,557.00
Stock in F ed eral H om e

Loan Bank____________
5,200.00
U. S. Government securi­
ties __________________ 130,000.00
First mortgage direct re­
duction loans____ _____ 374,709.50
First mortgage straight
loans ____ ____,_________ 3 4 ,0 0 0 .0 0
Second mortgage lo a n s___
4 ,0 0 0 .0 0
R eal e sta te sold
on con­
tra c t _______________________
R eal e s ta te ow ned— oth er
F u rn itu re and fix tu r e s ___

6,7 76.7 0
12 ,521.76
1.00

31,

1943

D irectors
H arrison H ale
W P. M c N a ir , Jr.
H. E . C ravens
H . L . Pearson

A. C. U c k e r

L iab ilities
In sta llm en t sh ares— fr e e - _$ 5 4 ,629 .94
O ption al p a ym e n t sh ares—
f r e e ______________
35 ,1 7 4 .2 4
F u ll-p a id sh ares— fr e e ___ 3 9 2 ,9 5 0 .0 0
Mortgage pledged shares...
297.01
G en eral R e s e r v e s :
F o r F ed eral insurance
1 1 ,259 .18
F o r contingencies _____
1 6 ,221 .43
Undivided p r o fits ________
9 6 ,2 3 4 .1 6
$ 6 0 6 ,7 6 5 .9 6
N u m b er o f m e m b e rs______
261
T o ta l am ou n t o f loan s m ade
during 1943 ______________ $ 1 5 8 ,9 0 0 .0 0

$6 0 6 ,7 6 5 .9 6

F O R R E S T C IT Y S A V IN G S A N D L O A N A S S O C IA T IO N
F O R R E S T C IT Y , A R K A N S A S
D ecem ber 31, 1943

Officers
L ou is M cD a n ie l_______________ P residen t
C. W . N o r to n ----------- -----------------Se cre ta ry

D irectors
L ou is M cD an iel
W. E. Steven s
C. W . N o rto n
G azz ola V aeearo
W . W . C am p bell
E d Ash

R esources
C ash on hand and in banks $
5,5 78.1 9
Stock in F ed eral H om e
Loan B an k ________________
3 ,0 0 0 .0 0
U . S. G overn m en t secu ri­
ties _ ______
10 ,5 0 0 .0 0
F ir s t m o r tg a g e direct r e ­
duction l o a n s _____________ 113,43 8.1 2
L oan s secured b y sh ares o f
the association ____
7,2 33.1 1
F u rn itu re and fix tu r e s ____
1.00

L iab ilities
In sta llm e n t sh ares— f r e e „ $ 3 6 ,122 .66
5 6 ,5 0 0 .0 0
F u ll-p a id sh ares— f r e e ___
A d va n ce s
fr o m
Federal
H o m e L o an Bank_______
1 8 ,000 .00
4 5 .00
In te re st a c c r u e d ___________
S p ecific R e s e r v e s :
F o r uncollected in te re st15 8.05
F o r F ed era l in s u r a n c e -_
1 0 ,0 0 0 .0 0
U ndivided p r o f i t s __________
18,924.71

$1 39 ,7 5 0 .4 2

N u m b er o f members_____
T o ta l am ou n t o f loans m ade
d u rin g 1943 ______________ $ 19 ,359 .30




$139,750.42

Thirtieth Annual Report

107

UNITED BUILDING AND LOAN ASSOCIATION
FORT SMITH, ARKANSAS

December 31, 1943
Officers
F W. Dyke, . . _
-President
K, A. Young___
Vice President
Nathaniel Dyke. Jr............... Secretary
Martin T, D yke............ Vice President
ilt. Arm> )
and Treasurer
Lucille V IViust* _ Asst Secretarx

Kesoim v Lush on hand and in banks?
Siock in Federal Home

'.*7.153.10

i 2.500.00
Loan Bank
U 8. Government obligaDons
. ___ .
i 15.330,(10
first mortgage direct re
ductiou loans . 1,01 2,003.94
Accounts receivable
17.70
14.00
Meter deposits ___
furniture and fixtures.
1.065.75
Premium mortgages from
1,789.42
JL F < .




--- - ------—

$1,242,809.03

Directors
F. W. Dyke

W, V. Boatwright
K. A. Young
Hi Pryor
Nathaniel Dyke. ,Jr Aiki, Ib >.der- •
Martin T. Dyke
A. R. Noe
R. J. R oss

(

C. ! taviv.

R. R. Cutting.'

LiabilttkNet free installment
......... ............ $
shares
Optional payment shares
—free . _____

Full-paid shares- free __
Advances from Federal
Home Lmuj Ba; :•
Accounts p a y a b le..........
Loan in process
___
Advance payment to horrowers
______
(Unapplied credits!
For income collected m
advance . . . .
(i eneral Reserves;
For Federal insurance
For contingencies .
For real estate
For miscellaneous
Undivided profits .
Number of members.
Total amount o f loans
made during 1943..

51,048.39
88,529.32

spl,750.00
150,000.90
44,00
445.91

20.804.27
5.252,4 s

7.745.02
7,450.99
245,00
1.170.49

18.323.06

$1 ,242.809.03
45?
$ 421,824.87

State of Arkansas: Bank Department

108

JONESBORO BUILDING AND LOAN ASSOCIATION
JONESBORO, ARK AN SAS
December 31, 1943
Officers
E. L, W e stb ro o k , Si' - - . . . ...P resident
J. H. Little, Jr,_______ Vice President
J. R. G v e g so n ______________ Secretary

Directors
E. L. Westbrook. Sr, J. B. Hinson
J. H . Little, Jr.
F, J. Gregson
E. L, W e stb r o o k , Jr.

Liabilities
Installment shares--free _$ 17,910.00
Full-paid shares— free
2.000.00
Bills payable from banks
and in dividuals_____
0.600.00
Other liabilities _ . .
4.938,28
General Reserves:
For con tin gen cies__ _ _
16,000.00
For real estate__
5,000.00
For doubtful loan____
5,000.00
Undivided profits ______
44,911.89




81 02 ,3 6 0 .1 7

_

Ri^ourcie-

on hand ami in banks S 8,173.32
LL S. Government securi­
ties _ _________________
4,000.00
oth er investment securi­
ties __________________ ..
5 .000.00
First mortgage direct re­
duction L o a n s ______ ....
70,020.40
Loans on other securities.
82.30
Real estate sold on con­
tract .
4,288.93
Real estate owned— other.
LOO
Real estate owned— office
building ______________
7,500.00
Furniture and fixtures___
LOO
Other assets
________
3.285.22

Cash

Number of members______
Total amount of loans

8102,360.17
56

made during 1 9 1 3 . __ S 24,300.00

Thirtieth Annual Report

109

PEOPLES BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS

December 81, 1948
Officers

\\

W,

I)i rector-

Vn u ll. .President

& S ecretary
A. E, Lenon _ .C h a ir m a n of the Board
Carl Hollis _ ... . -Vice President
W C. T h om as
T rea su re r & A ssistan t
See r<4 ary

Pearl Hiuk••__
Assistant Seeretar\
Rt sources
Cash on hand and in hanksS
s54.84
Stuck in Federal Home
s.200.<Ki
Loan Hank
.
C S. Government obligatJ O ! i s

.,5.000.00

_____

First iiinrt gage diret t rt deration loans
00.2.11 1,01
First mortgage st’*aurht
loans

Second mortgage !<>•>i - _
Loans st cured bv slum >»f
the assoc nation
Meal esCitt sold . m contract
Real estate owned.
Furniture A fixtures
Defense 'tamps




289.22
0,0.20
5.991.4 I
1i .408.05

l ,597,98
1.000.00
15 70

$

770.5024)5

W. W, Finch

W. C. Thomas

E. Lenon
arl Hollis

('. \V. Couw av

W.
i

Liabilities

Installment shares—fret

8 20,005.88
Pre-paid shares— free
.
48,918,7s
Full-paid shares
__
5,50,150.00
Accounts payable
2.840.40.
Loans in process___
1,004.9;
Advance payment by bote
_
28 <t,tin
rowers . . __
(unapplied credit)
General Reserves;
For legal reserve
70,507,98
For F ed eral instiraian
1 8 ,400 .On
For real estate
.
1,597.98
For loss on real estate
sold . __ ___
.
41,408,05
Undivided profits . _
20 ,000 .Ou

8770.508.0,.
Number of m e n d e r s ..
645
Total amount of loans
made during* 1948.
$288,840.2,5

110

State of Arkansas: Bank Department

ARGENTA BUILDING AND LOAN ASSOCIATION
NORTH LITTLE ROCK, A RK AN SAS
December 31, 1943

Officers
•I. F. Peugh________________ President
Solon Humphries______ Secretary and
Treasurer
Lee Miles__ __________________Attorney
Resources
Cash on hand and in banks! 93,642.25
Stock in Federal Home
Loan Bank ___________
5,100.00
U. S. Government securi­
ties ________________
117,400.00
Other investment securi­
ties _____________________
5,001.00
First mortgage reduction
loans d ir e c t ___________ 230,213.39
First
mortgage
sinking
fund loans _____________
4,500.00
First mortgage straight
________________
7,600.00
loans
Loans secured by shares of
the association ________
1,018.84
Real estate sold on con­
5,2 62.6 0
tract _ ___
Real estate sold-—other.__
271.05




1470,009.13

Directors
J. F . Peugh
Lee Miles
Solon Humphries
Joe W. Peugh
Mrs. C. J. Humphries
Liabilities
Installment sh ares— fr e e _$
Optional payment sh ares—

9,009.66

f r e e ________________________
9 0 ,2 8 7 .4 8
F u ll-p a id sh ares— f r e e __ 1 5 9 ,6 5 0 .0 0
Mortgage pledged sh a re s__
4 ,1 4 0 .7 0
A d van ce p a y m e n t by b or­
row ers __________
1,2 37.7 7
(u n app lied cred it)
4 ,9 9 2 .0 0
O th er liabilities ____________
D efe rre d c r e d i t s ____________
4,5 28.3 1
G eneral R e s e r v e s :
F o r le g a l r e se r v e _________
3 0 ,0 0 0 .0 0
F o r F ed eral in s u r a n c e .10 ,9 7 0 .4 4
For contingencies ______
5 ,2 6 2 .6 0
F o r real e s t a t e ._________
2 7 1.05
F o r g en eral reserv e ac­
count ______
12 0 ,0 0 0 .0 0
U ndivided profits _______
29,659.12

$470,009.13
N u m b e r o f m e m b e r s______
777
T o ta l am ou n t o f loans dur­
in g 1943 __ ________________ $101,324.56

Thirtieth Annual Report

111

WARREN BUILDING AND LOAN ASSOCIATION
W ARREN, ARKANSAS
December 31, 1943
I R
i.m;a
t», k
r: Ri

Officer'.
President
Ganna'vav
Kdortngton _
Vice President
W;trdlow
Secret;-rv- Treasure!Attorney
i

Re-m m es
,i~> < ! bat.,' a; -• its botii- -,s '.169.99
-keek :n I* •'•lei al 1
900.00
Loan Ban a
federal Home Loan Batik
! 1,500.00
Ronds War bonds
F-t -1 moft g rlg*> dire< t >e
into jo;_ Limbo 1.54
Kb >i
m en m u e
.-inkme
1 is,040.73
kind
_ _
Xccrued interest on first
100.00
mortgage Joans
\<i\ ,i!.ce> for taxes amt in
'Uratic* on first mur*
Lid 1.07
gam Itsatis
i .732.82
Smmnd nnnitrate loan-,
Loams secured by share- oi
1,135.00
a'-social ioi.
4,400.02
l e a n ' on •dhei securities
Real estate -old art con1n.085.29
' r,u*’
'00.10
Rea 1 extab ->wni-d
1,750.00
o f f i c e building
1,577.71
O t‘o*r H-sets




---------- -

$300,707.1*3

Directors
•I. R. Gatmaway
B. Ball
Louts Edrington
J. I! F re/.er
\. R. fleri-i*ig

Liabilities
Mortgage pledged shares $ 49,699,74
Permanent
or
guaranty
stock
_ ___ __
-12,5(HUK»
Full-paid certificates
123,244.64
Dividends mortgage pledged shares ___
__ _
9,219.59
Free monthly installment
certificates _ _ _ _ _
3,773.69
Interest accrued on fullpaid and free nionthh
installment certificates
2,796.71
Advances
from
Federal
Home Loan Bank. _
22.925.00
Accrued interest <on ad....................
78,35
vances)
General Reserves
For contingencies _ ..
‘ 1.TOu.Ot.
For real e s t a t e . ___
2,878.69
For second mortg ages
1,732.82
Undivided profits . .
30,158,30
$300,707.53
Number o f members. ...
219
Total
amount o f
loans
made during 1943.. _
S 68,042,00

State of Arkansas: Bank Department

112

COMBINED STATEMENT OF RESOURCES AND LIABILITIES
OF FIF E VOLUNTARILY LIQUIDATING STATE CHARTERED
BUILDING AN D LOAN ASSOCIATIONS IN A RK AN SAS
AS OF DECEMBER 31, 1943
Resources
First mortgage direct reduction loans________________ _____$
Advances fo r taxes, insurance, etc___ _____________________
Real estate sold on contract____________________________ ___
Real estate owned___________________________
Cash on hand and in bank_________________
Second mortgage loans___________________________________
Loans secured by shares o f association________________ ___
Bills re c e iv a b le __ ________________________________________
Furniture and fixtures____________________________________
Mercantile Bank, Jonesboro, stock________________________
Accrued interest _________________________________________
Other investment securities________________________________
Real estate sold fo r taxes__ _____________________________

58,900,89
588,62
42,8.31.39
39,238.16
14,838,12
407.20
1,029,75
37,628.82
1,200.00
1,500.00
958.13
24,852.54
200.00

$ 2 2 1 ,7 7 3 .6 2

Liabilities
Accounts Payable _________________________________________8 5,145,22
Optional s h a r e s ___________________________________________
3,819.71
Net free installment shares_________
22,074.73
Full-paid shares __________________________________________ 109,800.14
General Reserves:
3,522,94
For contingencies ____________________________________
For unrealized profits_________________________________ 10,185,78
For optional payment stock___________________________
81.41
Pre-paid shares ___________________________________________
4,226,63
Permanent reserve or guaranty stock______________________ 47,890,08
Dividends _ _______________________________________________
219.31
Accrued interest __________________________________________
74.20
Undivided profits ___________________________________
14,983.49




$221,773.62

113

Thirtieth Annual Report

ARKANSAS SAVINGS AND LOAN ASSOCIATION
HOT SPRINGS, ARK AN SAS
December 31, 1943
Officers

Directors
K. Butterfield
Ray S. Smith

M. H ow lett-_______ ____ ____President
K.
Butterfield______ -V ic e President
Ray S, Smith.____________ _ Secretary

M. Hewlett
A, J, Smith

Resources
First mortgage reduction
loans _ __________ _ ____$ 7,973,7?
Real e sta te sold on con­
tract _
14,214,52
Real esta te o w n e d _ _ _ _ _ ___
8,696,61
Gash on hand and in banks 10,022,39
Second m o rtg a g e loans__
40 7.20
Loans secured by shares o f
association _ ...... .............
148,75
Furniture and fix tu re s--...
200,00

Liabilities
Optional shares __________ _$
19.25
Full paid sh a res_______ _____ 33 ,1 8 7 .5 0
R eserves fo r contingencies
R eserve fo r optional p a y ­
m en t s t o c k ___ ____

Undivided profits ________

538.69
31.41
5,886.39
$ 39,663.24

$ 39,883.24

CITIZENS BUILDING AND LOAN ASSOCIATION
JONESBORO, ARKANSAS
December 31, 1943
Officers

William K. Stuck..
Charles A, Stuck .
Mary 1uk he (''oilier

President
-Secretary

M arth a G. Stuck
Florence Stuck

Bookkeeper

Resources
First mortgage reduction
loans direct .
$
Loans on all other security
Real estate sold on contract
Real estate owned . .
Cash on hand and in banks
Mercantile Bank stock,.




Directors
W illia m R. Stuck
Charles A . Stuck

Liabilities
F u ll

paid

l.*,216.24
22,852,54
28.416.87
17,739.89
668.18
1,500.00

sh a re s___________ $ 6 2 ,7 7 6 .0 0
Dividends- ______
219.31
Accounts payable __________
5,1 45.2 2
R eserve fo r unrealized pro­
10,185.76
fit s ________ - ___________- ....
R eserve fo r con tin ge n cie s2,9 84.2 5
U ndivided p ro fits __________
8,0 8 3 .1 8

$ 89,393.72

| 89,393.72

'114

State of Arkansas: Bank Department

LEADER BUILDING A N !) LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1943

Officers
Charles Meyers______ ______ President
Alexander W e ir _ - S e c re ta ry -T re a su re r
Resources
Cash on hand and in banks!
Real estate sold fo r taxes
’{hold claim) __________
Loans secured by shares of
this association ________
Accrued interest receivable
on loans secured by
shares o f association__
Real estate owned________
Other investment securities
Accrued interest receivable
on investments ............

2,777.53
200.00
881.00
922.63
4,100.00
2,000.00

Liabilities
Net free installment shares!
Optional shares (payments
and dividends) ________
Pull-paid s h a r e s __________
Accrued, interest full-paid
shares ______
Undivided p r o f i t s ________

5,155.00
3,600.46
1,100.00
74.20
987.00

$ 10,916.66

35.50

S 10,916.66

Mississippi County Building- and Loan Association, Blytheville, Arkansas
voluntarily liquidated February 8, 1943




Thirtieth Annual Report

115

A M ) LOAN ASSOCIATION
ROCK, ARKANSAS

PRUDENTIAL f l U I U H N G
L IT T L K

1H<* mlirr 31. 194:!
Directors
R. L, Powell

Officers

None since November 20,

194*1

11. C. Thomas
J. L. Schaer
H. S. Nixon

Resources
first mortgage reduction
loans direct _____ __ ___S 10,710.88
Advances for taxes, etc., on
first mortgage loans_....
588.82
Real estate owned_______
10,701.68
Cash on hand and in banks
1,140.10
1,000.00
Furniture and fixtures....
Bills receivable ..................
17,828.82

-1, N, Moxlev
Liabilities

Installment share dues cred­
ited—free _ __________ 8 16,919,71
Full-paid shares ________
12,731.84
Pre-paid shares ....
4,228.81
Permanent Reserve or
Guaranty stock .....
47,890.08
$ 81.770.08

8 81,770.08

EQUITABLE BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December

31.

1943

Officers
n i, Rose
H <7 Johns:mi

............... -President
..... ........ --Secretary

Resources

Cash

on

hand and




in

banks,?
29.92
________
f
29,92

Geo. Rose
Geo. H. Burden

Directors
H. C. Johnston

Liabilities

Full-paid shares ____ ___.$
Undivided profits _______

26,92

S

29.92

3.00







SECU RITIES DIVISION
June

*

30, 1944

*
*

*

118

St,ate of Arkansas; Bank Department

COMBINED STATEM ENT OF RESOURCES AND LIABILITIES
OF THIRTEEN INDUSTRIAL BANKS IN ARK AN SA S AS OF
JUNE 30, 1944
Resources
Loans and discounts __________________________________ $
Cash on hand and in hanks ^ ___________________________
Bonds and securities __________________________________
U. S. securities ________________________________________
Equipment _ _____________
Furniture and fixtures ________________________________
Sinking fund _____________
Organization expenses ________________________________
Deferred charges _____________________________________
Other resources __________

419,449,03
55,694.01
16,611.62
425,267.50
3,917.74
10,641.57
396.75
5,664.34
842.93
101.539.59

$ 1,040,025.08
Liabilities
Common stock _________________ __________ ____________ $
Preferred stock ________________________________________
Bills payable __________________________________________
Reserves _ ____________________________________________
Surplus _ ______________________
Overdrafts _ ________________________________________
Certificates _ _________________________________________
Bad debts ________________________
Unearned interest ______________________________________
Depreciation _ ________________________________________
Undivided profits ____________________________________
Other liabilities ______________________________________




299,920.00
19,893.86
538,878.80
25,882.93
40,171.84
2,433.27
29,921.48
1,826.58
630.28
93.02
23,858.16
56.717.26I

I 1,040,025.08

119

Thirtieth Annuul Report

INDUSTRIAL THRIFT AND LOAN COMPANY
CAMDEN, ARKANSAS
June 30, 1944
Officers
L. M. Stern... ..................... .................... .................. ....President
J, E, Gau^han.- __________________ Vice President
€.

I),

S a n d e r s ..._

___ ______________ .S e c r e ta r y -T r e a s u r e r

Res©urces
Loans and discounts______ $ 19,935.25
Cash on hand and in bank
5,004.70
Equ ipm en t . _______ ____ _
616.87

Liabilities

Common stock __________$ 25,000.00
Reserves .. _______________

2 0 3.35

Surplus

353.47

______________

25,556.82

$ 25,556.82

UNION INVESTM ENT COMPANY, INC.
EL DORADO, ARKANSAS
June 30, 1944
Officers

iyde E. R> r<t
Gradv R. \\ uollex
i M* Pyne.- .
I. C

President
-V ice President
. -Vice President

Brewer

Secretary

b<*«iit- h'i> 'iiscHtint.' .
Furniture and fixtuies
Sinking fund
I H>KM i’l v, i; . (•(<-

Treasure!

I.iahilitiev

Resources
8 72.451.39
3 795.06
396.75

"AX6.31

>' 25dM)0.Ut'
31.673.67
183.82
Reserves
________________
2,433.27
t Jverdraft
<Hher 1i•fdlit ies
5,282.55
Surjilr466.2(1
t iimm »i> •'lock _

Bills payable

3 65,039.51

HELENA INDUSTRIAL LOAN CORPORATION
HELENA, ARKANSAS
June 30, 1944
Officers

V
V

U Nome, S>
T ti rear

___ _____________ President
______________Vice President

> H, Hum;

_______ __ S ecretary T rea su re r

Resources
I .n a n s ,t m i d i- . - n im C

t ash ei! hand and
i )t fier

ni ee^




> 29,33.3.09

•utr.i,-

2.ON0.S6
9 1 6 .(Mi

$ 43,335.95

Liabilities
Capital stock __ ________ $ 17,800.00
Investment certificates ..... 14,368.83
B ills payable .... ._............
9,340.00
Surplus
............... ...........
1,827.12

# 43,335.95

State of Arkansas: Bank Department

120

A RK AN SA S INVESTM ENT COMPANY
HOT SPRINGS, A RK AN SAS
June 30, 19-44
Officers
E, E. Steigler____________________________________ President
6 . E. Hogaboom.---------------------------------------------Vice President
J. Fillmore Meadows__________________ Secretary Treasurer
Resources
Loans and d iscou n ts_____ $ 34,596.84
Cash on hand and in banks
400.00
Furniture and fixtu res__
3,460.98
Other resources _________
1,012.08

Liabilities
Common stock __________ $ 35,000.00
Undivided profits _______
800.00
Reserves
_______________
2,171,53
1,498.15
Other liabilities _________

$ 39,489.88

$ 39,489.88

LEDGERWOOD LOAN AND INVESTM ENT COMPANY
HOT SPRINGS, A RK AN SAS
June 30, 1944
Officers
— Sole Owner

Cecil H. Ledger wood________

Liabilities

Resources
Loans and discounts_______$ 11,051.95
Cash on hand and in banks
3,559.44
(J. S. Securities__________
6,750.00
Other bonds _____________ 16,606.32

Capital s t o c k ____________$ 20,000.00
Investment certificates __
4,838.90
Undivided profits _______
11,077.29
Surplus - _____________2,251.52

$ 37,987.71

$ 37,967.71

A TLA S FIN AN CE COMPANY
LITTLE ROCK, A RK AN SAS
June 30, 1944
O fficers
W. P. Hamilton____________
S. M. H arris________________

_____________ ______ President

________ Secretary-Treasurer

Resources
Cash on hand and in banks! 2,160.25
Furniture and fixtures___
344.90
Loans and discounts_____ 70,535.08
Other resources _________
15.00

Liabilities
Common stock __________ $
300,00
Reserves _ ____________
2,089.03
Bills p a y a b le ___________
21,314.80
Surplus _ _____________
25,862.44
Other liabilities _____
23,509.26

$ 73,055.23

$ 73,055.23




Thirtieth Annual Report

j.
F
J

CENTRAL LOAN AND INVESTMENT COMPANY
LITTLE ROCK, ARK AN SAS
June 30, 1944
Officers
•fuii|4
. . _____ _________________ President
W, Duttlinjrer
________________Vice President
X emer -

_______ _____ S e c re ta ry -T re a su re r

Resources

l.-'ai.'. ,um Miscounts

Liabilities

.. s 7:*,331.17

<’ash >»» h;tno and in banks
Furniture and fixtures.
P.omU am. securities
■»ri?amzaf mr. expenses
<I ' U r

121

e s . i ) , '1 h -

Common stock __________ $ 32,570.00

0,414.03
! ,080.23
5.30
7,*164.-‘54

_

Undivided profits _______
Bills payable ________
Reserves _________________
Other liabilities _________

2,687.54
26,375.02
6,025.21
26,427.30

5(1(1.00

s 04,035 <>7

S 94,085.07

CREDIT

ASSCX 1 \ T IO N FINANCE COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1944
Officers
Y 11. Vaenot
___________________ ..P resident
J f- Owens
. _______________ Vice President
Ira

1)

Bloom .

W ’ dmm R,

Sr.

______________________ _____ S e cre ta ry

Vremit

__ _____________ ____ .Treasurer

R esources

L iabilities

( t ; - aim rscounts
'
1 asn >n Imi S ami bi bank-.
Km i i w f i '

14,.502.72
1,-566.58
'160.70

_$ 4,600.00
Certificates ... ...
9,424.32
Bad debts ____
1,826.58
Depreciation _
93.02
Unearned interest 630.28

N otes p ayab le

Common stock __________
Earned surplus (D eficit)
$ 19,420.00

$ 16,574.20
8,500.00
5,654.20
$ 19,420.00

GENERAL CONTRACT PURCHASE CORPORATION
LITTLE ROCK, ARK ANSAS
June 30, 1.944
Officers
\, Blumeyei
___
- .
. ___ - .President
\\ F.. Burtelnw
Executive Viet President & Treasurei
P W. Hei•zou _.
- ..V ice President & Secretary
I U
Butler
. . .
.
. - V ice President
F J Obermeier
.
.
____ Vice President
E K Salmon.
.
. . . .
............. Vice President
E 1 Bell
___ -Assistant Secretary
I I Wyatt.
Manager & Vice President
Resources
Liabilities
la iu s ,uui <Um ounts . . s
-5i) Ou ( ommon slock _________ 8 50,000.00
U S, <V rnf.iates
114,516.50 Undivided p r o f i t s ___
. 8,483.86
Cash , n 'rand and in hanks 1<C140 .07 Investment certificates
_ 1,135.80
an d ft<tc»'.-s
‘ ,<(55.17
Bills payable . .
_ 365,175.36
Reserves
_ _
975.72




$425,770.74

1425,770.74

State of Arkansas: Bank Department

122

LIBERTY LOAN A N D REALTY COMPANY
L I T T L E ROCK, ARK AN SAS
Jane 30, 1944
Officers
J. W. S tra w n , Sr----------------------- -------------------------- President
J. W, Strawn, J r,_____________________________ Vice President
Mrs. J, W. Strawn, Sr--------------------------- .S e c re ta ry -T re a su r e r

Resources
Loans and discounts______ $ 46,845.15
Cash on hand and in banks
1,903.76
Equipment _______________
1,292.68

Liabilities
Common stock __________ $ 10,000.00
Bills payable ___________
26,046.00
Reserves _ __________ ____
5,075.06
Surplus
_______________
8,920.53

$ 50,041.59

5 0 ,0 4 1 .5 9

UNITED LOAN AND INVESTM ENT COMPANY
LITTLE ROCK. A R K A N S A S
Juno 30. 1944
Officers
_____ President
.Vice President

G. McDaniel____________
Mrs. John H . Cottrell_______

R.

Resources
Loans and discounts______ $ 95,343.55
Cash on hand and in banks 14,015.42
Equipment ______ .________
1,746.49
Deferred c h a r g e s ________
842.93
Other resources
_______ 19,580.12

Liabilities

Common stock __________ $ 75,000,00
Bills payable ____________ 5 2 ,6 1 6 .5 6
Reserves _ _______________
100.00
Undivided profits _______
80 7 .4 7
Surplus
_______________
3,004.48

$131,528.51

$

131 , 528.51

UNION INDUSTRIAL LOAN COMPANY
NORTH LITTLE ROCK, ARK AN SAS
June 30, 1944
Officers
Ben W in s to n _____________________________________ President
Thomas H . Little_____________________ S e c re ta ry -T re a su r e r
Resources
Loans and discounts______ $ 25,210,97
Cash on hand and in banks
3,919.08
4,001.00
U. S. Securities_______ _....
Equipment _______________
1.00
Other resources _________
495.00




I 33.627.05

Liabilities
Preferred stock _________ $
Bills payable ________ ___
Reserves .. _______________
Surplus _ _______________

19 ,693.66

1,737.49
9,079.21
3 .1 1 6 .6 9

$ 33.627.05

Thirtieth Annual Report

123

VAN Bl'KEN LOAN BUREAU
VAN BUREN. ARKANSAS
J u n e 30, 1944

Officers
\\ . K.

iUwimhF

____

„

Wylie Smith.- .
f i I Matthews
lU-Mum <•'

Luans am! ui<eeunt<__
4
i 'ash on hand and in hanks
Furniture nee fixture-

417.Id
314.82
'.*3.23

$

; .127.22




{’ resident

— — -------- . . . . V i c e President
See ret a ry-Trees tire s
L ia bility( wmnoii s t u c k ______ ___>
Investment r e rt if mates
Suj'iil us
__ . . . __
>’

Tott.ot
:;53a2
24.3:
1,127.21

State of Arkansas: Bank Department

124

COMBINED STATEM ENT OF RESOURCES AND LIABILITIES
OF SIX IN DUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER A C T 111 OF 1941
June 3 0 , 1044
Resources
Cash on hand and in banks-----------------------------------------------$111,718,37
Loans and notes receiv ab le------- -------------------------------------------------- 50 ,6 5 4 .0 9
United States Bonds and securities--------------------------------- 51,050.00
Furniture and fixtures----------- -----------------------.------------------ 78,799.51
Unamortized Citizens Systems cost----------- - — --------------3,481.56
Loans and discounts------.-------------------------------------------------- 108,834,34
Other s e c u r itie s __ .__ .___________ _— - — --------------------------- 4 9 ,7 1 4 .0 0
O rg an iza tio n expense __________________
T h r if t cetrifica tes _ _ --------------------O ther resources ___________________________________

1,9 4 6 .0 7
1 0 7 ,5 9 3 .7 3
2 8 ,4 0 9 .7 1

$592,199.38
Liabilities
Com m on stock _ _ . ____ . . ----------------- ----------------------------------- $ 3 3 4 ,6 4 9 .7 0
P referred stock
____________________________
5 7 ,0 2 5 .0 0
Bills payable
.
.
______________________ __________
1 ,9 8 4 .3 9
U ndivided profits
. .
_____________ _______________
13,925.02
R eserves
_______________
. ___________ _______ _________ __________
2 5 ,4 2 0 .4 1
Su rp lu s
________________________
9 7 ,1 4 4 .2 9
R eserve fo r t a x e s _______________________________
4 1 1 .5 5
Thrift certifica te ________ . _________ _______________ _____________
4 2 ,8 0 1 .9 2
Ineoiru- la x
.
. .
______ ___________ ______ _________
2 ,1 7 2 .3 1
P a y ro ll ta x e s ________ ___________ ___________________ ,_______________
1 6 5.33
A ccrued in terest __________________________________________________
2 2 4 .8 0
O u tsta n d in g dividend checks _. _______ ___ ____________ ____ 2 6 6 .1 4
R eserve unearned in terest
__ ____________________ _ __ ____ _____
4 ,4 9 5 .4 4
U nearned su rplu s
______
1 1 ,5 1 3 .0 3




$ 5 9 2 ,1 9 9 .3 8

125

Thirtieth Annual Report

FRIENDLY FINANCE COMPANY
FAYETTEVILLE, ARKANSAS
June 30, 1944
Officers
Joe M . Steele - _

---------- -------------------------------------------------- P residen t

L. E. Johnson.................................— _______..Vice President
Harvey L. Joyce___ __ . ________ ______ -Secretary-Treasurer
Resources
Cash on hand and in hanks!
Furniture and fixtures__
Other a ssets ___________

Liabilities

8,313.89
6 9 .0 2

1,819.71

C o m m o n stock

__________$ 10,000.00

Bills

p ayab le
_____________
R eserves
____ _________

3 5 .5 0

179.07

Surplus .. ___ _..(deficit)
$

511.95

9,702.62

9,702.62

PEOPLES LOAN AND INVESTMENT COMPANY
FORT SMITH, ARKANSAS

June

30, 1944

Officers

R. A . Y o u n g _______ _______________ - ___________ President.
W, M. Eads_________________ _____ ____ ____ V ic e President
W . A . Needham_____ - ________ - _________________ Secretary
R, C. H e lv ie ___________ ________ ___________________________ T rea su re r
R esources
hand and in banks! 74 ,2 2 0 .3 7
F u rn itu re and equipment...
69,389.59
Organization expense ___
1,9 46.0 7
T h r ift certificates ______ 107,593.73
II. S, Securities............ ... .. . 3 0 ,0 5 0 .0 0

Cash on.




L iabilities
stock _____
B ills payable ______________
R eserves _ _____
T h r if t certificates _______
U n divided p ro fits _____ ____
Incom e ta x _____________

Common

Surplus _ ____________
$288.199,76

$182,435.00
1,422.87

11,366.31
4 2 ,801 .92
8,9 90.2 7

2,172.31
34,011.08
$283,199.76

State of Arkansas: Bank Department

128

CITIZENS LOAN AND INVESTMENT COMPANY
LITTLE ROCK, ARKANSAS
June 80,, 1944
Officers
E, W . Emerson
R o bt. D, Fenton, J r ____
Resources
Cash on hand and in banks! 16,654,12
Loans receivable 43,567.79
Reserve fo r bad
debts _ ___
1,913,70
11, S, Treasury Bonds____
Furniture and
fixtures _ __ 2,789.51
Res. for de­
preciation _
1,884,87

41,054,09
1,000,00

_

-

.President

__S e c re ta ry -T re a su re r

Liabilities
Accounts payable _______ $
492.95
Payroll taxes— payable _
165.33
Accrued interest on investment certificate _______
224,80
Outstanding’ dividend
checks
266.14
Reserve for unearned int.
4,495,44
Capital stock-—
Preferred - ___5 7 ,0 2 5 .0 0
Common - ____ 1,474,75 58,499.75

1,354.64
U nam ortized

Citizens Sys­
tems cost
_ _ _3 ,4 6 1 .5 6
U tility deposits
20,00




3,481,56
$ 64,144.41

$ 64,144.41

Thirtieth Annual Report

127

COMMERCIAL CREDIT PLAN INCORPORATED
LITTLE ROCK, ARKANSAS
June 80, 1944
Officers
H 4 < hem
.1 P Tavlnr
W K Mule" _
1 i> Wlirni i 8'
<9

s.-.

....
.

________

..

__ .Preside?!?
- Vice President
____Secret arj
. .T reason ?

Resources
i at : i" ?i' k -<
->50.89
abb
0,000.00
ic1 *.7 14.00

J.mbiiitieCniimoi! stock _ __
_ s 50,00(1.00
l Clear fled surplus tcapif.i
11.518.03
Reserve fot taxe.> . . .
411.55
Earned sut plus ( ilefint t
2,36)0.1!!

§ •Vt, 564. lit*

$ 59,564.39

NATIONAL CREDIT CORPORATION
PINE BLUFF, ARKANSAS
June 30, .1944
Officers
\

,i, <».nut. -I <

V, l», Webb _
*

A

_

M e W w . -I n
_

>

* a A <:»! i ap.d am i in '"a n C .

(' S, Bund'. _
( u ' e*’
- « R ism ! i

14,,1*8A S

4,345.58

3<>.000.00

-poraC

50. ini

_

..

-

Resources
I ,u.t's.» .I’-.* d is c o u n t s

-

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

__ President

____ Vice President
. Secretary-Treasurer

Liabilities
Common stock ... ___

s 5<),IKN),00
33.07
2,947.41
997.78
15,000.00

Bills p a y a b l e __
Cndivided p r o f i t s __
Reserves

Surplus

_ .

$ 68,978.21

$ 68,978.21

MORE IN PLAN COMPANV
TEXAR K A N A , ARKANSAS
June 30, 1944
i

M f ieri -

t: C-amu _
f K. WiUun
Has H. P.mu-

. -P resident

............ Vice President

. . -Seeretary-Treasurei
Liabdil j<-

Resources

Loans ami discount"
Cash on Hand and in ba nks
Furnitui • and fixtures

Other ass,.- -




# 6 4,251.6)6

7,882.07
7.986.26.
37 0 4 0 .0 0

$106,609.99

Common s t o c k ............

Reserves
Surplus

................
____

Cndiv’ded profits

$ 40,740,00
12,877.30
5 1 ,0 0 5 .3 5

1,987,34

$106,609,99

State-of Arkansas; Bank Department

128

COMBINED STATEMENT OF ASSETS AND LIABILITIES OF
EIGHTEEN CREDIT UNIONS OF ARKANSAS AS OF
DECEMBER 31, 1943
Assets
Cash on hand------------------.---------------------------------------------— $
Due from banks--------------------------------------------------------------Bonds and securities______________________________________
Loans outstanding _________________ — ----------------------------Furniture and fixtures-----------------Cash item s________________________________________________
Suspense account _______________ ,— — -------------------------Expense . ________________________________________________
Shares other Union_______________________________________
Guaranty fund ___________________________________________
Other assets ____________________________________________

12,284.38
40,038.13
58,133.50
77,335.41
318.28
533.79
234.46
34.43
5.00
486.10
2,605.01

$192,008,49
Liabilities
Share balance____________________________ ,_____________ $162,756.60
4,643.98
Guaranty fund ---------------------------- .-------------------------------- 13,449.92
Bills payable __________________________________________
701.50
Undivided earn in gs______________
7,500.74
Reserve accou n t______________________
1,636.92
Entrance f e e _______________
2.00
Insurance _____________ _______ _________________________
16.70

Deposits _ ___________________ ,__________________________

P ro fit and lo s s _______________________________________________________

64 4 .3 2

Dividends payable 3 % _______________________________
Interest ________________________________________________
Other liabilities _____________________________

159.98
153.27
342.56




$192,008.49
Approximate Number of Members - 2,372

! ho > th
*

R> port

129

EL DORADO-ROCK IS L A M ) CREDIT I NION
EL I)OIiADO, ARKANSAS

D<member 31. 1943
W ets

Liabilities
.8

Cash on hand..
Bonds am1 S'.-mUtinLoans
Cash Item-’
Other As-et-

! ,3-)7.33
4.O00.00
5,V'34.70
533.79
■17.09

Shares . . .
-A?
Undivided Ear n in e s __
Other Liabilities_____ . . . .
Reserve Account

< 11.','32.91

9,855.6f
261.14
282.38
1,533.79

$ 11,932.91

Appi'oxima!e .Number of Members - 83

LION OIL CO-OPERATIVE SAVINGS CREDIT UNION
EL DORADO, ARKANSAS

December 31, 1943
Liabilities

Assets
Dut from
Loans _ _
..
Ronds and Seem
Furniture and Fixt
Suspense Am ■ ‘ *
Other Am*-? -

t-

8 li.3i‘>L4'<
•
’ >799.00
in.'SiUMi
1.",*<.52
11 L4'‘
1! 3 7.!*'.'

Shares
___
8 26,882,50
Guaranty Fund
. ..
1,753.24
Undivided Earning 1,012.07
Reserve for Pep'm iation
90 25

$ 30,294.36

$ 30,294.36

Approximate Number of Members - 218

ARKANSAS CENTRAL CREDIT UNION
LITTLE ROCK, ARKANSAS

December 31, 1943
Assets

Liabilities

Due from banks___ ___ 164.11
Loans _ ______
1,854.12
Cash on hand_____ ______
760.39
Expense __
34.43




$

Shares
_______________ $
Guaranty _ _____________
Undivided Earning’s ____
Interest _ ______________
Entrance Fees __________
Insurance _ ____________

2,464.94
164.11
12.03
153.27

$

2,813.05

2,813.05

Approximate Number of Members - 218

2.00

16.70

State of Arkansas: Bank Department

130

ARKLAGAS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943
Assets

Liabilities

Cash on hand_____________I
Loans _ _________________

.597.77
1,297.10

Shares _ ________________ $
Guaranty F u n d _________
Undivided Earnings ____

1,814.85
38.07
41.95

$

1,894.87

$

1,894.87

Approximate Number of Members - 67

ARKANSAS DEMOCRAT CREDIT UNION
LITTLE ROCK, ARKANSAS
December 3 1 , 1943
Assets

Liabilities

Due from banks__________ $
Bonds and Securities_____
Loans _ _________________
Cash on hand . ________

2,943.39
2,442.00
1,161,92
15.22

Shares _ ________________ S
Guaranty Fund _________
Undivided Earnings ____

5,896.22
656.65
9.66

$

6,562.53

$

6,562.53

Shares _ ________________ $
Guaranty F u n d _________
Undivided Earnings ____
Bills Payable___________

2,777.26
171.66
185.42
700.00

?

3,834.34

Approximate Number of Members - 4 4

DEPARTMENT,OF LABOR CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943
Assets
Cash on hand------------------- $
Loans _ _________________
Savings Bank Deposits__
Ark. Central Credit Union
Shares _ ______________




Liabilities
353.66
3,383.64
92.04
5.00

| 3,834.34
Approximate Number of Members - 98

131

Thirtieth Annual Report

FEDERATED SHOP CRAFTS CREDIT-UNION
LITTLE ROCK, ARKANSAS
December 31, 1943
Assets

Liabilities

Cash on hand.________ ___$
Loans _ __ __ ___________
Furniture and fixtures__
Bonds and Securities____
$

163.51
6,784.36
14.25
1,110.00

Shares
.
...
Guaranty Fund .....
.... .
Undivided Earnings _ .
Other Liabilities __ .. .

8,072.12

7,721.75
305.37
42.00
3.00
$

8,072.12

8
Shares
....... .
Deposits
. ...
Guaranty Fund ___
Undivided Earnings ........
Profit & Loss ...
.. ....

9,310.88
370.68
475.31.

Approximate Number of Members - 208

FEDERATION CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31* 1943
Assets

Liabilities

Cash on hand...... ........ .. 8
Loans
__ .. ...
.... .
Bonds and Securities......

1,195.83
8,911.12
777.00

$ 10,883,95

82.81
644.32

$ 10,883.95

Approximate Number of Members - 126

FRANKE’S INC., CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943

Assets
Due from Links _
Loans
..




___ $
____
$

1,415.34
826.98

Liabilities
Shares _ ________________ $
Guaranty Fund ________
Undivided Earnings (Red)

2,242.32

Approximate Number o f Members - 68

2,069.86
184,43

11.97
2,242.32

State of Arkansas: Bank Department

132

GAZETTE EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943
Assets
Cash on hand___________ $
Bonds and Securities___
Loans _ ________________

2,779,49
400.00
2,413.01

Liabilities
Shares _ _______________ $
Deposits _ _____________
Guaranty Fund ________
Undivided Earnings ____
U. S. Bonds Guar. Fund__

5,100.96
2.81
19.00
169.73
300.00

$

5,592.50

$

5,592.50

Approximate Number of Members - 65

K.

E. M. B. A. LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943

Assets
Due from banks- _____ $ 9.554.34
Bonds and Securities____
17 760.00
3,381.31
Loans _ ________________

Liabilities
Shares _ _______________ $ 27,734.66
Guaranty F u n d _________
1,257.05
Undivided Earnings ___
1,703.94

$ 30,695.65

$ 30,695.65

Approximate Number of Members - 183

LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYEES
CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943
A ssets
Cash on h a n d ___________ $
Loans _ ________________
Cash Guaranty Fund___

3,075.95
76.50
55.27

$

3,207.72




Liabilities
Shares _ ______________ $
Deposits _______________
Guaranty F u n d _________
Undivided Earnings ___
Deposits U. S. Bonds____

Approximate Number of Members - 25

1,187.50
1,567.73
55.27
24.55
372.67
3.207.72

Thirtieth Annual Report

133

LITTLE ROCK POSTAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1943

Assets
Due from banks_________ 1
Bonds and

Securities____

Liabilities
3 401,71
6 235,00

Loans _ _____________12.323.'“ '
Cash on hand....... .............
361,03

Shares _ _______________ $ 18,142.09
Guaranty Fund ________ _
2,945.34
Undivided Earnings ..___
1,233.50

| 22,320.93

22,320.93

Approximate Number o f Members - 175

VETERANS ADMINISTRATION EMPLOYEES CREDIT

UNION

LITTLE ROCK, ARKANSAS
Assets
Due from banks________ $
Cash on hand___________
Loans _
Furniture and fixtures- ...
Bonds and Securities____

Liabilities
4,012.27

Shares __________________ $ 12,270.84

635.94
4,909.49

Deposits
_______ _- _____
Guaranty Fund ......
Undivided E a r n in g s .........
Reserve for depreciation......

34,39
7,126.50

$ 16,718.59

2,330.14
1,545.55
565.18

6.88

$ 16,718.59

Approximate Number of Members - 156

FORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1943
Assets
Due from banks_________ $
Bonds and Securities_____
Loans - -- -----------------------Cash on hand........... .......




Liahihtn -

4,661.10
5,143.00
8,376.67
231.17

Shares
. . .
Guaranty Fund
Undivided Famine Bills payable___ __

$ 18,4.1.1,94
Approximate Number of Members - 215

f

.

1 6 ,2 1 4 .5 6
1 205).1 6

‘.'>'4.72
! .50
x 18,411,94

134

State of Arkansas: Bank Department

NORTH LITTLE ROCK MISSOURI PACIFIC CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1943
Assets
Due from banks_________ $
Bonds and Securities____
Loans _ ________________
Furniture and Fixtures. _
Guaranty F u n d ________

335,22
370.00
4,064.21
91.12
486,10

$

5,346.65

Liabilities
Shares _ _______________ f
Guaranty F u n d _________
Undivided E arn in gs____
Other Liabilities «_______

4,268.24
856.10
167.63
54.68

$

5,346.65

Liabilities
_______________ $
F u n d _________
Earnings ____
Payable 3% __

6,090.55
1,117.53
402.11
159.98

f

7,770.17

Approximate Number of Members - 157

ARKANSAS BUILDERS CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1943
Assets
Due from banks________
Cash on hand___________
Bonds and Securities____
Loans _ ------------------------Furniture and Fixtures_

2.094.15
10.00
2,590.00
3,066.02
10.00
$

Shares _
Guaranty
Undivided
Dividends

7,770.17

Approximate Number of Members - 158

MISSOURI PACIFIC TWIN CITY CREDIT UNION
VAN BUREN, ARKANSAS
December 31, 1943
Assets
Cash on h a n d ___________ $
Loans _ ________________
Furniture and Fixtures..

691.82
2,712.07
10.00

Liabilities
Shares _ _______________ $
Guaranty F u n d _________
Other L iabilities________,

3,003.34
408.05

$

3,413.89

$

3,413.89




Approximate Number of Members - 106

2.50

Thirtieth Annual Report

QUALIFIED STOCK EXCHANGES
Securities listed on the following Stock Exchanges may be exempt
and such securities so listed may be sold within the State of Arkansas
by an applicant i-ompany filing the name of the company, its address,
the amount of securities sought to be sold in Arkansas, and paying the
fee required by law:




Chicago Board of Trade
Chicago Stock Exchange
New York Curb Exchange
New York Produce Exchange
New York Stock Exchange

188

State of Arkansas: Bank Department

136

DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT
SECURITIES IN ARKANSAS AS OF JUNE 30, 1944
Walter R. Hass Company...... .......

.Little. Rock, Arkansas

Lewis W. Cherry & Company__________

Xittle Rock, Arkansas

E, L, Villareal & Company_____________

.Little Rock, Arkansas

Equitable Securities Corporation_______

-Nashville, Tennessee

Hill, Crawford & Lanford, Inc._________

.Little Rock, Arkansas

Investors Syndicate___ _________________

.Minneapolis, Minnesota

Merrill Lynch, Pierce, Fenner & Beane.

-New York, New York

T.

.Little Rock, Arkansas

J. Raney & Sons__________________

Southern Securities Corporation__ ____

.Little Rock, Arkansas

W. R. Stephens Investment Company.

.Little Rock, Arkansas

Utrusco Corporation..__ ______________

..Little, Rock, Arkansas

Mallory Williams & Company--------------

.Little Rock, Arkansas

Walton, Sullivan & Company.________

.Little Rock, Arkansas




Thirtieth Annual Report

137

ISSUED COM PANIEl) AITH.ORIZED TO SELL SECI RITIES IN THE
STATE OF ARKANSAS AS OF J l’ XE 30, 1944
iCt rtificates o f Author! !\ expires one year from dale o f permit)

Bate
7

1-43

Name atirl Addre^-.
Affiliated Fund. 1iu

’ die Exchange Plrnv

Amount Authorized
$382,275.66 Common
25c per share,

Stock

T.-rsey City. X«o\ -b-rsey
American Busimw- Shares, Inc.
t die Exchange Plae<
Jersey City. New Jm-wy

8517,450.59 Comiimn Stock
$.50 P/V at current offering

Axe- Houghton Fund, Inc*
» )tw Exchange Place
I* rse\ ('ity New Jer-ey

$50,000 Sales value
Capital Stock

3 .31-34

Axo-Houghton Finn; "B” , In**
One Exchange PlanTerser Oitv. X>-w Jeisey

824,114.50 sales \alue
Common Stock

7 15-43

Berry Dr\ Goods < umpany
Foil Smith. Arknc-m-

260 shares of 7G Preferred
Stock, P V SlOt).0().

7- 1-43

T>'.st.,n Fund, Inc,
? ! 1 DovonUiire St

825,000 Common Stock, par
value 85.00 per share.

7

1-43

13 31-43

price.

Boston. Alassaclm,-' t ?s
7- !-43

Ouinniodity Oorporation
34 Federal Street
Boston, Alassaehfi-etts

$25,000 Common Capital
Stock to he sold through
lealers only.

11- 3-43

< henticul Fund. Tr.<*
13 Exchange Place
terse v ('it v. New ,it •sev

850,000 Capital Stock P V
81.00; selling price to be
Based on asset value to he
determined on every business
day as of time* for closing
New York Stock Exchange.

7- 1-43

Dividend Shares, Inc.
Jersey City, New Jersey

Unlimited amount of Divi­
dend Shares.

Equipment Finance Corporation
Chicago, Illinois

$25,000 Common Stock No
P/Y,

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 (sales value) Capital
Stock of Group Securities,
designed Low Prices Shares,
to be sold through registered
and qualified Arkansas deal­
ers.

10-27-43
1- 6-44




138

State of Arkansas; Bank Department

Date

Name and Address

Amount Authorized

10- 9-43

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$50,000 worth of eighteen in­
dustrial classes Capital Stock
of Group Securities, Inc.

6-17-44

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 sales value Fully
administered Shares.

7- 1-43

Hamilton Depositors Corporation
Denver, Colorado

Unlimited Amount Trust
Shares.

11-23-43

Fireman’s Fund Insurance Company $10,000.00 Common Stock
San Francisco, California
$10.00 Par Value.
Investors Mutual, Inc.
200 Roanoke Building
Minneapolis, Minnesota

$500,000 (sales value) special
Stock of Investors Mutual,
Inc., to be sold exclusively in
Arkansas by Investors Syn­
dicate, a registered and
qualified dealer.

Investors Syndicate of America
200 Roanoke Building
Minneapolis, Minnesota

Unlimited Amount of Invest­
ment Certificates, Series One.

7- 1-43

Lifetime Trust Company
Jonesboro, Arkansas

700 Shares Common Stock.

7- 1-43

Manhattan Bond Fund, Inc.
15 Exchange Place
Jersey City, New Jersey

$25,000 worth P /V 10c Capi­
tal Stock to be sold at asset
value.

7- 1-43

Massachusetts Investors Second
Fund, Inc.
Jersey City, New Jersey

$95,366.39
Stock.

7- 1-43

Mineral Enterprise, Inc.
Little Rock, Arkansas

2,000 shares Common Stock.
No Par value.

Monticello Cotton Mills Co.
Monticello, Arkansas

$100,000 Refunding Bonds of
Monticello Cotton Mills Co.,
dated January 1, 1944.

9-26-43

New York Stock, Inc.
15 Exchange Place
Jersey City, New Jersey

$102,369.50 of Special Stock
at market price.

3-15-44

Selected American Shares, Inc.
135 South LaSalle Street
Chicago, Illinois

$100,000 (sales value) Com­
mon Stock to be sold through
registered and qualified Ar­
kansas dealers.

8- 1-43

Southern Securities Company
Little Rock, Arkansas

$100,000 Kansas City South­
ern Ry. 3% Ser. 40 secured
notes.

2-12-44

12.- 5-43

10-24-43




worth

Common

139

Thirtieth Annual Report

Date
2-24-44

Name and Address

Amount Authorized

State Street Investment Corporation $25,000 Aggregate
Sales
Price. To be sold through
qualified dealers in Arkan­
sas.

6-26-44

9-28-43

Texas-Arkansas Fund, Inc.
1003 Kirby Building
Dallas, Texas

Union Trusteed Funds, Inc.
1 Exchange Place

Jersey City, New Jersey




Unlimited amount Texas-Ar­
kansas Certificate';, to he
sold as a continuous offer­
ing through registered and
qualified dealers in Arkan­
sas.
$168,016.94 Aggregate amt.
of Capital Stock of Union
Trusteed Funds. Inc.

140

State of Arkansas: Bank Department

COMBINED OPERATING STATEMENT OF ONE HUNDRED
FIFTY BURIAL ASSOCIATIONS FOR THE TWELVE MONTH
PERIOD ENDING JUNE 30, 1944
Balance for payment of benefits June 30, 1943__
Receipts from July 1, 1943 to June 30, 1944____
Operating expense_____________________________
Average percent of receipts____________________
Benefits paid____________________________ ,______
Balance for payment of benefits June 30‘, 1944:
Banks and cash__________________________ $571,488.91
U. S. bonds and securities________ ________ 494,043.27
Approximate Number of Members, 1,558,639
Number of Benefits Rendered 11,026




5 953,312.98
2,059,984.44
271,978.78
13.2
1,6 07,7 77 .0 1

1,085,532.18

141

Thirtieth Annual Report

BURIAL ASSOCIATIONS AUTHORIZED TO SELL MEMBERSHIP
* KHTUK

\1 F s |\ T H E S T \TE OI

\ Rk \ \ S \S

AS OF JUNE M , 1944
See’y-Tr* as
Address
Nairn
Association
-_Mrs. Joe 31, Adame
Adams Burial Association__
____ ( ’otter. . _Idalia Andrews
Andrews Burial Association _
__E1 Dorado..
-Mrs. Helen Staekabk
____Fort Smith-.
Arkansas Burial Society, Inc..
Arkansas Funeral Home Burial Ass’n. Clarksville
L. B. Cox
Arkansas State Burial Association -.Rison. _
-Airs, Ruth Buie
Ashby Burial Association
-Benton_________ _ -G. Hawkin'
Ashley County Burial Association . -Hamburg__ __ --Murphy Joins
_ Airs. Gladys Boil* ,
Bailey Burial Association _
_ _ ._ Cabot__ Barry Conn?> Burial Association, Inc, Eureka Springs .AY, D. Knone
.Elda Dormsn
T. E. Barton Burial Assoeiatu n_ - . El Dorado.
Baxter <Aunt\ Burial Associarion - Mountain Home 0. 15. McClure
- Olen R. Wood
I’caslev-Wood Burial Society
„ _. Mena___
Boone County Burial Association — - Ha •- son_______ - L. C. Holt
Bngtrs Burial Associanm;
Judsonia_______ -.F G. Rrmu>
-Clarendon_____ . A . L. B row »
Br<»wn-Midkiff Burial Soe’et v
Burns Burial Association
.Bentonville____ . Jessie Puri >.• Bur , Leo Carr Burial Association-Mainmonth Sprir H'-Leo Carr
-Berryville--...... . R. L, Nt Iss u
daiToll ( >mnt\ Burial Association
Fa ruth Burial Association
He Springs___ -Jack Carutfi
II. M. Caskuy
I)e- Vrc_______
< askev Burial Association _
f 'avc City Burial Assoei;d urn
-Cave City_____ .-Silas McGee
( V ' d Bui in: A ssocia tio n-_
. Bate sville__.____ Dr. Walter A . Cecil
Ernest E <'handler Burial A
-Searcy_________ Mis. E. E, <Jiandiet
A . M. Smith
<'harkston Benevolent Burial Ass’n Charleston_____
<'ha Heston Hardware Burial Ass'it
.Charleston_____ Herman Adams
(diaries McCullough
-Eudora________
Fhicot County Burial Association
Ha> nson_______ _ - A, C, Ghristeson
( ‘hristeson Burial Associalion
The Chi istian Burial Association__ -Eudora________ --Glaseo Wall <T w e h Burial Association _
_ Dei raott_______ __C°nneliaus Davis
-West Memphis.. --I.ucv Rutii Juhnseo
F r ixcus Burial Associat ion _ M H. S:w :
Folds Funeral Home Burial Seriety - Blvtheville_____
Fullison Burial Asswiariou ______
Bald Knob_____ -AY. Ernest F<>rbes
t ’olumbia County Burial Association . Magnolia______ -Charles Lewis
Cross County Burial Association
.Wynne_________ - _ AY. €. Kernodle
Daniel Burial Association
. Searcy
-AY. E. Daniel
D( sha and Chicot County Buna! Asp’nMcCehee. - _ - H, B. Dyer
Dixie Funeral Associatam
-MeCehee
Mrs. L. L. Jones
T, T. Doolin Burial Association
_Comvay__
_ - - T. T. Doolin
Downey Burial Association
-Dermott_______ -_E. Q. Downy
i I'vw County Burial Associat mu - -Monticello_____ _-Hattie E, Henderson
East Funeral Benefit Assurance Co. T ex arkana-AY. F. Alt•issuer
Edwards Burial A s sornrion .
Few Smith____ --Delmar D. Edwards
A. -I. Emerson Burial Assoeial>on__ -Paragould_____ __A. J. Emerson
Evans Funeral Home Burial Ass’n - P a > __________ -Airs. Anna Rradkw
Flowers Burial Association
Ma'-i.snna__ ____ -_.F. C. Flowers
Fordyce Burial A ssociation -. _ ____ _Fordvce________ .-Carlton Mays
Franklin County Burial Association-..Ozark
-_J. T. Grier, Jr.




142

State of Arkansas: Bank Department

Name of Association
Address
See’y-Treas.
Frazer’s Burial Association_________ Warren__________ Elbert Frazer
Friendship Burial Association_______ Ashdown_________ I. M, Phillips
Goatcher Burial Association________ Lake Village_____ Noble B. Goateher
Good Samaritan Mut,, Borov. Ass’n .Hot Springs_____Rev. Leon Harris
Grand Prairie Burial A social ion___ DeWitt.
__
_I)un W. IG-.sex
Great Southern Protective Ass’n____ Arkadelphia______Alva C. Harris
Great Protective Burial Association--Pine Bluff___
- Vester Miller
Gregg Burial Association___________ Jonesboro________ Mrs. James T. Gregg
Griffin Burial Association__________ Harrisburg_______ M. M. Griffin
Griff in-Leggett Burial Association__ Little Rock___...Paul Griffin
Hancock Burial Association________ Marked Tree_____ H. Grady Hancock
Haralson Burial Association________ Augusta__________ .J. Haralson
Harris Burial Association__________ Hot Springs______ A. Leon Harris. Jr.
Healey & Roth Burial Ass'n Inc_____Little Rock- _____ S. R. Sims
Herndon-Cornelius Burial Ass'n______Hope____ __ _ . T, S. Cornelius
Hicks Burial Association____________ Hope_____________ C. W. Hicks
Holderness-South Burial Association-Pine Bluff______ S. E. South
Holt Burial Association_____________ Blytheville____..-.E. M. Holt
Hot Spring County Burial Ass'n_____Malvern___________F. 1). Cooper
Howard Burial Association_________ Leaehvillo_________ H, H. Howard
Howard County Burial Association__ Nashville.________ M. A. Floyd
Hubble Burial Society_______________Little Rock ______ M. L. Freeman
The Hughes Mutual Burial Ass’n_____Hughes___________Paul Eaddour
W. H. Irby Burial Association_____ Rector___ _________ W, H. Irby
Johnson Burial Association_________ Walnut Ridge______W. G. Johnson, Sr.
Johnson-Williams Burial A ssociat ion_ Cotton Plant____ Mrs. Am bra Johnson
Jones Burial Association____________Texarkana_______Lena P. Jones
Jonesboro Burial Association____ ___ Jonesboro________ W. T. Emerson
Kecshan-Lambert Burial Assoeiat .on_ Helena _ . .
.1,. P. Kec-siian
Kernodle Burial Association_________Wynne___________ W. C. Kernodle
Kilpatrick-Christian Burial Ass’n___ Farmerville. La----- J. E. Roark
Lafayette County Burial Association-Lewisville________B. H. Dobson
Frank Leach Burial Association______Newport_________ Frank Leach
Lemley Burial Association___________ Atkins__ ____ ____O. R. Lemley
Lepanto Burial Association _
...Lepanto.
. J. if. Murphy, Sr,
Luginbuel Burial Association________Lincoln___________ Edna Luginbuel
Malvern Burial Association__________Malvern__________ Mrs. T. Y. B. Graham
Marion County Burial Association___ Yellville__________ Auburn Keeter
Howard Marshall Burial Association.Walnut Ridge____ Howard Marshall
Mayhan-Boultinghouse Burial Ass*n__Newark__________ Clyde Boultinghouse
McConnell Burial Association ...........-Hartford.
P., A. McConnell
McNabb Burial Association__________Pocahontas_______ Nell L. MeNabb
Mid South Burial Association________Marianna_________Winnie Kennedy
Mineral Springs Burial Association__ Mineral Springs..Harold Bridgeman
Randal L, Mitchell Burial Association.Paragould________Randal L. Mitchell
Monarch Burial Association_________Wynne................. .Helen Hughes
Moore’s Burial Association__________Fayetteville______ Jas. W. Holder
Morgans Burial Society.____________Stuttgart_________ Frances Morgan
Murry Burial Association___________ Arkadelphia______ E. H. Murry
Murry Old Age Burial Association.__ Arkadelphia_____ _ E. H. Murry
The National Burial Association____ West Memphis___ P. M. Dacus
Nelson-Savage Burial Society________Fayetteville---------- R, B. Nelson




Thirtieth Annual Report

143

Sum, <>' A.'-oei.r an
AddresSoe’y-Trea.-.
New Home Burial As>ocia>ion......... Newport___
..
Ot.tie Dillinget
North Arkansas Burial Association__ Marshall, - ___ Russell Sisco
Ocker Burial Association
_
___ Van Buren____ . . ,Mnry Louise Oekei
The Old Rehubk Burial Association . . Hughes, _ ___
W. M. Walker
R W. Olinstead Burial Association. Heher Springs
R. W. Olmstead
Ouachita County Burial \><n.'.*!ntion . Hamden— . ------It. T. Lockett
Our Burial Association _
_
. Fort Smith.. . . _Henry Prague^
Ozark Burial Association
_ . Siloam Springs
Margaret Wasson
P<-nce Burial Association
. ..Tonw aiu. .
Sarah Pence
PenpH Benevolent Ptotecti\e \sshi_. Parts.
_
L. R» Chx
Peoples Burial Association
. , __ West Helena___ Frank Ella Jordm
Peoples ( 'onsolidated Burial . , ___Piggott__
_ ..Lloyd Russell
Pomsott Burial Association .
_ Frumann. . __ Paul S, Thompson, Jr
Polk County Burial Assocmiion
. .Mona----- _
_, R. P. Gcyer
Prescott Burial Association
.Prescott— .. . ~J. D. Cornish
Putman Funeral Association
.Fort Smith—
. .Mrs. J. G. Putman. Sr.
Pynan's Burial Association
.....S ilo a m Springs.. W. 0, Burns
The Ramo Burial Association
. _ . Met T ory,,
. Walter W, Raney
Frank Reid Burial Association
___ Morrilton_
_ Mrs. Elba Reid
Richaidson Burial Association,. __ . Texarkana
__ Alex Richardson
H. E. Rice Company Bmial Society. Waldion.
------ E, C. Rice
W. A, Rowel! Burial Society
_._ Fort Smith. _____ Vivian Rowell
Ruebel Bmial Association
, Little Rock _ ___ E. E. Greenfield
Humph Burial Association .
. El Dorado. _ .
C. B, Rumph
Russell Burial Association _ .
. Piggott.
---- Lloyd Russell
Acott-Sehasfian Burial Association. .Mansfield,
.. Jce J. Martin
Bearcy Conntv Bmial Associa*ton . _Marshall,, -------- Leonard Coffman
Shinn & Am Bui ml Association
. _Russellville------ .Avery Shinn, Jr
Sims & Walton Burial Associat ion, .Benton----- ------ Ralph W. Walton
smith Burial Association _
.. Stamps,, ,
__ A 0. Smith
South Ark Old Aye Burial AsCtu
..Camden---- R. T. Lockett
Southern Dixie Burial Association.. , Hot Spring's . _ Mrs. Fannie L. Cunde
Southwestern Burial Association____ Hot Springs. . , George H. Brenner
Stephenson Burial Association
___ Monticello------------ Mrs. Pearl Stephenson
Stevens Burial Association.
. _____ Forrest City
__W. E. Stevens
Swift Funeral Home Burial A.ss’n___ Osceola____ ____ Mrs. Lelah B. Coble
Texarkana Protective Association
.Texarkana
__ L, F. Allday. Jr.
Fred A. Thompson Funeral
Service Agreement
.. .Paragotild
___ Fred A. Thompson
Tri-County Burial Association
_. Im b o d e n ,,_____ .Mrs. C. Higginbotham
Tri-County Burial Club
_ .
__ Jonesboro.
_ E, J. Turtle?
Union Colored Christian Bene-olent
Burial Association, .
. Fannerville. La... J. E. Roark
United Burial Association_ . Conway__________
E. R. Keller
Watson Burial Association,, . ___ Fayetteville. _____Edmond P. Watson
Westbrook Burial Ass’n of Glertnwood Glenwood .
Phillip Kelley
C, B. Westbrook Burial Association_H azen,..
,,C . R. Westbrook
W. L, Westbrook Burial Association.,Beebe____
. . . ,B. W. Lindei
White River Burial Association, ___ Batesville..
, ,.A. L, Crouch
Wilkerson Burial Association _____ DeQueen, . ______ Fred Wilkerren
Wilkerson Burial Society___
_____ DeQueen, . ___ Fred Wilker- n
Williams Burial Association.
_____ Camden,. _______ Benjamin F. Williams
Wilson Burial Association .
___ England,_
____ W. M. Wilson
Wylie Burial Association,............... ..B rin k ley ., . ____ Davis Wylie
Veil County Burial Association
__ Dardanelle. . . .Lament Cornwell




State of Arkansas: Bank Department

144

CONSOLIDATED STATEMENT OF CONDITION OF THE FOUR­
TEEN COOPERATIVE EXCHANGES OPERATING IN
ARKANSAS AS OF JUNE 30, 1944
Resources
Loans and discounts___________________________________ $ 21,304.98
Overdrafts ____________________________________________
878.35
Bonds and securities___________________________________
13,614.47
Banking house _______________________________________
1,800.00
Furniture and fixtures_________________________________
4,370.74
Cash and due from banks______________________________ 1,543,751.86
Other resou rces___________
254.95
$1,585,975.35
Liabilities
Capital stock ________________________________________ $ 17,214.00
Surplus and undivided profits___________________
27,746.36
Deposits _ ____________________________________________ 1,539,763.70
Other liabilities ______________________________________
1,251.29




$1,585,975.35

145

Thirtieth Annual Report

THE FIRST COMPANY, BLACK ROCK
Population 769.

Lawrence (bounty
L.

j P. Sloan. President

B. Sharp, Cashier

Statement of June 30, 1944
Liabilities

Resources

Cash and due from banks__ S3.998.96
Other resources . _. . - - . - 254,95
Total-— .__ _____ ___ .$4,253.91

Capital s to ck ________

$2,480.00

Surplus and profits___________1,513.87
Other liabilities______
260.04

Total_____ _____ _____$4,253.91

EARLE EXCHANGE COMPANY, EARLE
Populatin'

i.*72.

Luther Wallin, Iteesidem

Crittenden County
Mrs. M. F. Fiillwood, Cashiei

Statement of June 30, 1944
Resources

Liabilities

Loans and discounts_____ $ 7,651.69
Furniture and fixtures
1,047.23
Cash and due from bank.". 402,029.04

Capital s to ck --- ------------ § 2,000.00
Surplus and profits
__ 11,659,24
Deposits
. -.
. 3*97.069.72

Tefal .

..

. $41 727.96

Total.

______ $410,727.96

ELAINE COOPERATIVE EXCHANGE, ELAINE
Population 634.
.1.

d

Putndye. Presidt-w

'-teM* -

Mrs. Catherine M.




P eed,

< nshicr

f *>1 .Insi; 3,0 PCI

Resources
8 2x4.50
Furnituia and fixture" _
Cash and dm lr<>TR banks _ «.»7 26*.20
___
Other res- >11fees
1.37
Total

Phillips County

897,554.10

LiaMd i<-

Capital stu ck__
Surplus and profit" _
Deposits
.
Other liabilities
Total

8

KOf i.OO

787.30
95.S57.46
4 9 .3 4

897.554.10

State of Arkansas: Bank Department,

146

HARDY EXCHANGE, HARDY
Population 721.
R $. Riggers, President

Sharp County
T. W. Walker, Cashier

Statement of June 30, 1944
Resources
Bonds and securities______$ 5,271.85
Furniture and fixtures___
100.00
Cash and due from banks_ 127,580.99
Total.

.$132,952.54

Liabilities
Capital s to ck ______.____1,250.00
Surplus and profits
___
218.01
Deposits
______________ 131,488.53
Total______________ $132,952.54

HAZEN EXCHANGE COMPANY, HAZEN
Population 819.
R. H. Hammond, President

Prairie County
Grace O. Stallings, Cashier

Statement of June 30, 1944
Resources
Cash and due from banks..$216,800.87
Other resources__________
17.18

Liabilities
524.00
Capital s to c k ____________$
Surplus and profits__ ____
879,61
______________215,414.44
Deposits

Total______________ $218,818.05

Total______________ $216,818.05

REISER EXCHANGE COMPANY, REISER
Population 452.
J. K. Childs, President

Mississippi County
Mrs. Ruth Crumpecker, Cashier

Statement of June 30, 1944
Liabilities

Furniture and fixtures___ $
100.00
Cash and due from banks™ 118,503.65
289.28
.Other resources__________
Total______________ $118,872.93




Liabilities
Capital s to c k ____________$
600.00
Surplus and profits______
765.63
Deposits _ _________
118,567.89
939.41
Other lia bilities_________
Total_________ ____ _ $ 1 1 8 ,8 7 2 .9 3

Thirtieth Annual Report

LAKE < m

147

EXCHANGE, LAKE CITY

Population 786,

Craighead County

Fiecl Carter, President
Statement of June 30. 1944

Resources
Bonds and securities______$ 100.00
Cash and due from banks. _ 66,621.38
Other resources___________
224.87

Liabilities
Capital stock ______________$ 2,500,00
Surplus and profits________ 1,025.76
Deposits
__________ _ 63,420.49

Total___ ___________ $66,946.25

Total_______________ $66,946.25

LEACHVILLE EXCHANGE, LEACHVILLE
Population 1.076.
C, G. McKinney, Pivsid* nt

Mississippi County
Harvey Farrell. Cashier

Stat* ment of June 30, 1944

Resource's
Furniture and fixtures . _ $ 2.059.01
Cash and due from haitk< __ *9,895,71
Other resources _. ___
90.35
Total —

.

892.045.07

Liabilities
Capital stock _________ ___$ 400.00
Surplus and profits_____1,718.42
Deposits _ ___ ___________ 89,926.65
Total_______________ $92,045.07

MERCHANTS AND PLANTERS EXCHANGE, MANILA
Population. 1,248.
George E. Snider, President

Mississippi County
Grover E. Snider, Cashier

Statement of June 30, 1944
Resources
Cash and due from, banks. _$87,787.78
Other resources _________
86.08
Total-




_______ $87,873.86

Liabilities
Capital stock _____________ $ 460.00
Surplus and profits_______ _ 4,274.73
Deposits _ ____ ___________ 83,139.13
Total___ ___________ 187,873.86

148

State of Arkansas: Bank Department

PEOPLES EXCHANGE, McRAE
Population 420.
H. F. Hammack, President

White County
G. M. Bennett, Cashier

Statement of June 30, 1944
Resources
Loans and discounts___ ___$ 1,200.00
Banking h ou se____________ 1,800.00
Furniture and fixtures----500.00Cash and due from banks_ 83,387.11
Other resources
------- 112.51
Total_______________ $88,979.82

Liabilities
Capital stock ______________ f 2,500.00
Surplus and profits________
51.42
Deposits _ ------------------------ - 84,428.20

Total_______________ |88,979J2

MINERAL SPRINGS EXCHANGE COMPANY, MINERAL SPRINGS
Population 731.
Lee McCorkle, President

Howard County
E. C. Dillard, Cashier

Statement of June 30, 1944

Liabilities

Resources
Loans and discounts--------._$12,456.35

Capital s to c k _____________ $ 2,200.00

Furniture and fixtures
100.00
Cash and due from banks— 41,691.57

Surplus and profits____ ____ 1,342.01
Deposits _________________ 50,705.91

Total_______________ $54,247.92

Total—

___________ $54,247.92

TYRONZA EXCHANGE COMPANY, TYRONZA
Population 639.
D.

F. Wylie, President

Poinsett County
W. S. Tatum, Cashier

Statement of June 30, 1944
Resources
Cash and due from banks. _$39,914.94

Total.




$39,914.94

Liabilities
Capital stock ------------- — $ 440.00
Surplus and profits____ —
176.59
Deposits ______ ___________ 39,298.35
Total

,$39,914.94

149

Thirtieth Annual Report

WILMAR EXCHANGE COMPANY, WILMAR
Population 605.
E. A. Calin, President

Drew County
R. A. MeKinstry, Cashier

Statement of June 30, 1944
Liabilities

Kevoimo *

73.65

Capital s to ck ___ _________ $ 400.00
Surplus and profits___ _____
20.31
Deposits _
................. 39,317.69

Total— —_________.$39,738.00

Total_______________ $39,738.00

t'ash and due from banks.. .$.‘10,664.35

Other resources . .

__

YELLVILLE EXCHANGE. YELLVILLE
Population 546.
Sam P. Duren, President

Marion Couni y
Mrs. Bernice Berry. <'ashier

Statement of June 30. 1944
Resources

Bonds and securities_____ $ 8,242.92
Furniture and fixtures___
180.00
Cash and due from banks. 128,627.28
Total——




...— —$137,050.20

Liabilities
Capital stock ____
__ _ _S
Surplus and profits.. .

Deposits

___

Total_____

_____
...

600,00
3,315.16

133,134.74
.$137,050.20