The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
33Z.1 2 R E P O R T OF THE BANK COMMISSIONER OF ARKANSAS 1949 S. J. DEAN State Bank Commissioner R rw% 1 1, OF THE OF THE STATE OF ARKANSAS r TABLE OF CONTENTS Page — 7 ______ 8 _____ _9 _____ 10 ____ _11 __ ___12 ...-13-14 _____ 15 _____ 16 tion_.16 _________ . _16 — — 17 — 17 — 17 — 17 — 18 .. _18 ,_____18 — 18 _____ 18 _____ 18 —19-106 .107-110 _____145 _146-148 _149-154 _____155 _156-158 6 .day. 7 BANK EXAMINERS' Albert Sims F. C. Rayburn J, A. Welty i 8 3 Of RECEIPTS 47,903.98 $106,346.26 COMPARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUSTS COMPANIES OF ARKANSAS AS OF JUNE 30, 1949 AND JUNE 30, 1948 June 30, 1948 174 RESOURCES: Cash and due from banks__________ U. S. Government obligations______ Other bonds and securities________ Loans and discounts__________ ____ Banking house, furniture and fixtures Other real estate__________________ Other resources____________________ $ 96,605,765.21 148,075,011.08 23,346,263.41 101,075,186.13 1,968,762.60 97,799.21 543,083.38 $ 96,311,513.09 160,340,700.73 23,711,299.80 82,157,157.18 1,658,236.91 76,714.20 466,633.66 $ TOTAL RESOURCES ________ $371,711,871.02 $364,722,255.57 $ 6,989,615.45 (Net) LIABILITIES: Demand deposits___________________ Savings and time deposits__________ U. S. Government deposits_________ Public funds________________________ Deposits of banks__________________ $259,682,832.48 40,107,773.70 2,207,688.78 33,193,725.11 9,708,714.42 $256,203,977.68 38,488,935.99 3,773,989.55 32,186,512.63 9,816,469.01 $ 3,478,854.80 1,618,837.71 TOTAL DEPOSITS___________ Other Liabilities___________________ $344,900,734.49 429,424.42 $340,469,884.86 482,438.31 $ 4,430,849.63 (Net) TOTAL LIABILITIES________ CAPITAL ACCOUNTS: Capital stock_______________________ Surplus ____________________________ Undivided Profits and Reserves____ $345,330,158.91 $340,952,323.17 $ 4,377,835.74 (Net) $ $ TOTAL CAPITAL ACCOUNTS TOTAL LIABILITIES AND CAPITAL ACCOUNTS:______ 294,252.12 $ 12,265,689.65 365,036.39 18,918,028.95 310,525.69 21,085.01 76,449.72 $ 1,566,300.77 1,007,212.48 107,754.59 9,136,000.00 7,653,750.00 6,980,182.40 230,000.00 904,750.00 1,477,029.71 $ 26,381,712.11 $ 23,769,932.40 $ 2,611,779.71 $371,711,871.02 $364,722,255.57 $ 6,989,615.45 (Net) $ Thirty-Fifth Report June 30, 1949 174 9,366,000.00 8,558,500.00 8,457,212.11 Decrease Increase Number of banks reporting 53,013.89 $ to o COMPARATIVE ABSTRACT SHOWING CONDITION OF STATE AND NATIONAL BANKS OF ARKANSAS AS OF DECEMBER 31, 1948-1944 1947 221 1946 219 1945 215 1944 213 $266,865,000 314.912.000 62,581,000 207.586.000 3,736,000 153.000 881.000 $262,687,000 357.347.000 63,080,000 152.089.000 3.425.000 132,000 1.110.000 $263,804,000 379.312.000 56,317,000 125.931.000 3,122,000 134.000 702.000 $267,053,000 388.531.000 43,719,000 102.261.000 2,880,000 159.000 884.000 $232,953,000 309,092,000 33.615.000 86.227.000 2,921,000 208,000 715,000 TOTAL RESOURCES _______________ LIABILITIES: Capital stock _ _ _ _ _ Surplus _ _ __ Undivided profits and reserves ___ $856,713,000 $839,870,000 $829,322,000 $805,487,000 $655,731,000 $ 17,536,000 18.645.000 14.680.000 $ 16,726,000 17.142.000 12.047.000 $ 15,014,000 16.074.000 11.145.000 $ 14,037,000 13,577,000 8,812,000 $ 13,682,000 11,440,000 8,272,000 Total capital accounts _ _ _ _ _ _ Deposits _ ________ ____ __ Other liabilities _ _ _ _ _ _ $ 50,861,000 804,138,000 1,714,000 $ 45,915,000 792,577,000 1,378,000 $ 42,233,000 786,115,000 974,000 $ 36,426,000 768,348,000 713,000 $ 33,394,000 631,710,000 627,000 $856,713,000 $839,870,000 $829,322,000 $805,487,000 $655,731,000 RESOURCES: Cash and due from banks _ _ U. S. Government obligations Other bonds and securities Loans and discounts. _ _ Banking house, furniture and fixtures_ Other real estate______ _____ Other resources ______ __ _ __ TOTAL LIABILITIES_____ _____ State of Arkansas: Bank Department 1948 225 Number of banks COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES FOR PAST THIRTY-THREE YEARS Date 1917_________ 1918 _ . 1919______ 1920______. _ 1 9 2 1 ____ 1922______. _ 1923______ 1924 ____ . _ 1925 __ .. _ 1926___ . 1927 __ . 1928_____ 1929 _ . 1930 _ . 1931_____ 1932 ___ . 1933 __ .— 1934 ____ 1935______ 1936 ___ . 1937_____ 1938 __ . 1939_____ 1940. 1941______ 1942. . _ 1943______ 1944 1945 _ 1946_ _ . 1947______. _ 1948 _ 1949— Deposits Loans and Discounts Borrowed Money Cash 389 389 386 404 406 402 403 397 396 394 376 358 347 329 265 223 202 189 180 178 176 171 167 169 166 166 161 161 163 169 170 174 174 $ 72,480,300 90,194,100 109,447,800 129,669,700 104,393,600 106,276,400 128,580,700 123,365,300 136,552,900 142,107,300 134,788,700 135,849,800 137,636,800 131,936,800 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 94,733,000 128,975,900 190,153,500 226,832,800 302,720,500 355,193,200 346,132,500 340,469,900 344,900,700 $ 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 50,282,600 49,928,600 70,403,400 82,157,200 101,075,200 $ 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 81,700 106,700 131,700 116,700 221,700 118,200 $ 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 35,902,800 35,390,100 33,484,400 32,607,700 30,886,200 26,347,000 20,014,800 19,530,100 18,594,700 20,827,300 29,198,000 28*661,800 26,501,600 27,761,400 34,852,000 46,087,100 75,993,000 88,424,600 87,156,400 115,746,100 114,416,400 102,647,800 96,311,500 96,605,800 U. S. Gov’t Bonds Capital Structure Total Resources 1,029,600 7,832,500 12,295,800 9,830.300 6,658,000 3,558,000 6,626,900 3,604/100 4,720,100 4,401,600 4,426,700 6,048/500 8,403,100 4,892,500 4,101,500 6,061,500 6,946,200 7,155,500 9,206,600 11,254,400 12,197,200 10,842,300 9,198,600 10,664,100 12,705,800 21,423,800 71,252,800 97,906,100 137,559,700 187,100,000 170,818,800 160,340,700 148,075,000 $19,724,300 20,898,400 21,441,000 24,582,100 25,474,800 25,270,900 25,842,200 25,770,300 25,186,900 25,374,100 24,424,800 23,434,400 23,593,100 ■23,169,300 17,551,500 14,937,100 12,398,500 12,047,800 11,693,400 11,769,900 12,059,300 12,084,800 12,280,700 12,567,100 12,805,500 13,316/500 13,904,500 15,076,800 16,624,500 18,908,900 21,414,700 23,769,900 26,381,700 $ 94,005,800 118,318,000 145,181,000 184,146,700 157,210,300 145,697,700 162,928,400 161,946,800 171,348,400 179,174,100 167,369,800 167,013,100 170,668,000 168,358,500 114,J21,200 85,708,100 67,506,400 57,423,900 62,770,700 71,508,200 78,432,900 79,016,200 85,961,400 92,002,700 107,936,900 142,710,700' 204,492,600 242,132,900 319,689,500 374,451,600 367,934,700 364,722,300 371,711,900 $ Thirty-Fifth Report June 20, June 29, June 30, June 30, June 30, June 30, June 30, June 30, June 30, June 30, June 30, June 30, June 29, June 30, June 30, June 30, June 30, June 30, June 29, June 30, June 30, June 30, June 30, June 29, June 30, June 30, June 30, June 30, June 30, June .29, June 30, June 30, June 30, Number Banks S OF STATE LYE .$10,347,755.62 251,342.06 747,032.69 207,750.00 2 6 1 4 2 2 1 1 3 4 q o 2 2 3 1 4 4 4 3 2 2 0 1 2 2 1 1 1 1 1 1 1 3 9 1 3 1 1 1 2 6 2 1 5 3 1 1 1 4 1 4 3 1 1 1 1 2 2 1 1 1 1 1 1 1 1 1 1 1 2 2 1 1 1 1 2 2 1 1 1 1 1 1 1 1 1 1 1 1 1 3 1 X 2 1 5 1 5 2 *o5 2<> i i 2 4 2 4 1 4 1 5 7 2 3 174 1 1 Q O 1 2 1 3 1 2 1 2 2 2 1 2 11 21 1 8 Locati Thirty-Fifth Report of Total _____________ $1,267,404.86 Total ________ _267,404.86 19 20 21 22 Thirty-Fifth Report OQ ju O Total ______________ Total _________ Total _____ ___________ _ $537,162.35 Total _ _ _________________$537,162.35 24 Total State ■ ' 'cam •• mk Department Total Total _______________ _$368,277.42 Total 277.42 26 Other liabilities________ _ Total .$8,964,983.96 38,838,15 T o ta l_________________$8,964,983.96 Thirty-Fifth Report 28 0 Total ______ .$6,418,878,36 Total State of Ark,mu Total .$679,429.42 nk Department Total _________ ________ $679,429.42 Thirty-Fifth Report QO >8 Thirty-Fifth Report 33 34 Other liabilities T o t a l_________________ ._$3,519,020.14 T o ta l__ _______ CD CD 35 H** CD CD Thirty-Fifth Report 37 38 Thirty-Fifth Report .$425,932.11 40 Total State of Arkam $771,832.92 nk Department Total .$771,632.92 Thirty-Fifth Report THE CITIZENS BANK, ENGLAND 41 42 Thirty-Fifth Report BANK OF EVENING- SHADE, EVENING SHADE $466,206.04 Total $466,206.04 44 State of Arkans Total ________ _________ $2,597,002.79 Total .$4,542,990.47 nk Department Total ____ ______________ $2,597,002.79 46 Si-ate of Art nk Department 47 THE FIRST BANK, GRIFFITHVILLE StMte of Arkam Total nk Department Total T o ta l__________ ________ $1,081,126,27 T o ta l_____ _______ ______ $1,081,126,27 >4 Thirty-Fifth Report Total _________ 1,053,189.22 Total ____ Total _ ci tli -$1,053,189.22 52 53 54 State of Arkmu nk Department T o ta l___________________ ,58,140,955.95 T o ta l __________________ $8,140,955.95 T o ta l................ .......... ..__$6,252,014.30 Total ___________________ $6,212,014,30 UNION STATE BANK, JUNCTION CITY 57 Total _ BANK OF KEO, KEO Total ____ _______ ______ _$242,510.23 T o t a l _____ _______ _____ ___$242,510.23 58 Total __________ ______ ___$298,787.00 Total _____ ____ _________ ^$298,787,00 BANK OF LAKE VILLAGE, LAKE VILLAGE 59 60 State of Arkmu nk Department Thirty-Fifth Report 61 Total $865,833,05 METROPOLITAN TRUST COMPA T LB ROCK 62 Thirty-Fifth Report 83 64 T o t a l....... ...... —____ $3,645,566.56 Total _____ .$3,645,566.56 65 66 State of Arkani -nk Department 67 T o ta l_________ _________ $1,537,257.74 Total $1,537,257.74 Total _____ 69 534.06 70 fy-f IA Total Total __ 72 Total .$3,786,324.47 Total ______________ __$3,786,324.47 Thirty-Fifth Report 73 74 Total Total 76 Total State of Arlcmu $326,936,80 nk Department 78 Total State of Arkani nk Department 79 o o e o fflx tt Total -$3,146,122.90 80 Total __________________ $592,464,9? Total ________ _____ ___ $592,464.97 Thirty-Fifth Report 81 82 Total ... ..11,915,924.02 Total __ . 81, 915, 924.02 83 Total _____ _______ __$2,819,532.88 Total ________________$2,819,532.88 Total Total _____ ___........___.. ..$497,199.22 .$497,199.22 84 Total *First i par valuo State of Arkam nk Department Thirty-Fifth Report 88 State of Arkam Total .$3,755,529.82 Total .,$8,774,982.29 nk Department Total _ ______ _______ __$1,,§55,589.88 LOGAN COUNTY BANK, SCRANTON 90 State of Arkansas: Bank Department Total Total $2,854,317.23 $1,195,125.87 .$1,195,125.87 92 -at er Total 95 98 Total _________________$1,205,212.42 Total ____ 205,212.42 t•X1 102 State of Ark,mu nk Department Thirty-Fifth Report- Total __ _ _ .................. $ 1, 756, 342.14 Total __....... .......... ......$ 1, 756,342.14 105 Thirty-Fifth Report ___ _____ _______ ________________ ___$745,101.17 Liabilities Capital stock ____________________________ ______ _______ ____ ____$ 23, 220.00 Surplus and undivided profits _____ ______ _________ ________ 19,194,26 Deposits _____ ____ __________________________ _____ ___ _____ 702,856,82 Other liabilities ____________ _______________ ____________ 330,39 Total Liabilities ------- ---------- ------ --------------- ---------- ------ $ 745, 101.17 107 108 meters alker, Jr. Total _ Q 109 -.awrence lannon 110 S t a te - ■•’cam , 1 nk Department DIVISION AND * i i-' .r , 112 BUILDING AND LOAN DIVISION 113 Assets Loans _____— --------------------- --------------------- — ----------- ---------------- $6,958,715.33 Contracts of S a le _________ __________________ __________ _______ __ 28,888.12 United States Government Obligations _______ ______ __________ ___ 613,993.00 78,701.00 Other securities __________________________________ _____ ____ _____ Furniture and Fixtures______._______ ___ ___ _____________ _______ _ 4,573.84 Office Building-- ------ ------------- ------------------ -------------------------8,700.00 Cash on hand and in banks _________ ______ ____ ___ ____ ___________ 897,387.98 84,804.68 Other A s s e t s _________ ________ _____ ______________ ,____ __ ___ __ Total Assets __________________ ________ ______ __ ______ ______ $8,125,463.95 Liabilities 114 Assets Liabilities $ 1, 422, 996.91 is caro Assets Liabilities 1 3 ,8 7 8 ,8 6 3 ,2 8 ■c, Sr. k, Jr. 116 1948 W. R. Stuck...... ........... Chas. A. Stuck__ Wm. R. Stuck _______ Assets Liabilities | 22,064.61 | 22,064.61 Thirty-Fifth Report Assets Liabilities lVT N sfe 120 State of Arkam nk Department Assets Liabilities Thirty-Fifth Report Total assets $115,933.59 Total liabilities________ S 121 122 Assets Liabilities $129,691,7(1 Loans Furnit Other Cash c $ 4 1 2 ,3 3 3 .3 7 $1 123 Liabilities h4fc Q O 126 Thirty-Fifth Report 127 128 State of Arkansas: Bank Department )00.00 191,53 J00.00 102.05 593.58 129 ] i < t State of Arkansas: Bank Department O O W t*jtH 130 Officers Thirty-Fifth Report »JWO L C 1S1 1S2 Tots Thirty-Fifth Report State of Arkam Loans nk Department .......... ....... O ffice building __ Bcp.ipin.eiit ______ Other assets..___ Cash on. hand and Total _________ (Inactive) 135 Thirty-Fifth Report Liabilities Assets Total assets .$ 6 5 ,8 7 2 .4 7 Total liabilities .$ 65, Assets Liabilities Thirty-Fifth Report Assets 137 Liabilities $114,225,07 Loans Cash Other 138 State of Arkani nk Department , 18,080.78 975.72 76.49 $ 19,182,99 Approximate number of members 84 '9 Thirty-Fifth Report 133 Approximate number o f members 38 Loans ....... Cash on fc Deficit un 943.50 19.75 $ 963.25 $ 963.25 Approximate number o f members 79 Loans ______ Cash on hand. Cash in bank. 7.567,25 59.06 111.23 7,737.54 $ 30,345.44 Approximate number o f members 169 f 80,345.44 140 State of Arkam nk Department G 43,67 Approximate number of members 65 47.94 A >f m e m b e r s 271 Assets Liabilities Assets Liabilities State of Arkansas: Bonk Deportment Liabilities Assets $ 30,217.23 Approximate number of members 338 | 30,217.23 Thirty-Fifth Report December 31, 1948 Assets Liabilities 144 Chicago Board o f Trade Chicago Stock Exchange New York Curb Exchange New York Produce Exchange New York Stock Exchange 145 Thirty-Fifth Report 147 Department State of Ankara D dorp Cm] ston 5-18-49 9-2-48 4-6-49 149 *Allis-Chalmers Mfg. Co. ^American Airlines, Inc. '♦American Can Company Sept. 1 7,1948 150 Thirty’■Fifth Report Curtis-Wright Corp. E. I. tin Pont, de Nemoi 152 ♦General Motors Corp. ♦Gulf Oil Corp, ♦Houston Lighting and Power Co. ♦International Paper Co. ♦Insurance Co. of North Ainer, ♦Johns-Manville Corp, ♦Kennecott Copper Corp. ♦Libby, McNeil & Libby ♦Loew’s Inc. :Maryland Casualty Co, *Phelps-Dodge Corp, *Philco Corp. *The Procter & Gamble Co. ‘'"Pullman, Inc. ♦Republic Steel Corp. ♦Radio Corp. of America ♦Standard Oil Co. of Calif. ♦Standard Oil Co. of Inti. * Standard Oil Co. o f N. J. 154 ♦ United Corp. 155 156 iS'. •>! 1 / nk Department le Thirty-Fifth Report 157 158 State of Arkam nk Department
@FedFRASER