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--~-------·-·-7
REPORT OF

THE

,

I

I
I

BANK COMMISSIONER
OFAR

I'

THIRTY-FIRST REPORT
OF THE

BANK COMMISSIONER
OF THE

STATE OF ARKANSAS

FOR THE YEAR ENDING JUNE 30, 1945

THOMAS W. LEGGETT
State Bank Commissioner

•

,.

.

STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT
LITTLE ROCK, ARKANSAS
June 30, 1945
To His Excellency, Ben Laney,
Governor of Arkansas:
Complying with the provisions of Section 704 of Pope's
Digest, I have the honor to submit herewith the ThirtyFirst Report of the State Bank Commissioner of Arkansas
for the year beginning July 1, 1944, and ending June 30,
1945. The report covers the condition of the state banks
and trust companies, state building and loan associations,
industrial banks, credit unions, a combined statement of
the burial associations of Arkansas and a compiled list, together with other factual data.
The total assets of state banks aggregate $319,689,534.88, representing an increase of $77,556,633.62 since the
June 30, 1944 report. The total loans carried by state banks
are $50,282,636.68, an increase of more than eight million
dollars over the amount of loans carried in the report of
one year ago. The total holdings in U. S. Government securities amount to $137,559,694.67, or an increase of $39,653,630.54 over the report of June 30, 1944. The trend in
bank deposits and asset figures continues upward. This inflationary trend will likely continue up to the postwar era.
I would like to call your attention to the part our banking institutions have performed in the war effort. They
have not only acquired many millions of dollars worth of
:securities for their own portfolios, but on the other hand
they have given most freely of their time and personnel to
the U. S. Treasury Department in the furtherance of the
sale of war bonds. Many of the senior bank officials have
been serving in the various bond drives in the sale of Gov-•
crnment securities. The banks are also handling ration
banking and have given full cooperation in all things pertaining to the successful prosecution of the war.

•

It has been the policy of this Department to urge upon
our bankers that so far as possible they strengthen their
capital accounts and weed out any doubtful assets in order
that they may be in better position to meet the demands
of the postwar world. The banks appear to be willing and
able to take care of the legitimate credit needs of industry
and agriculture.
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
State Banking Board and the Arkansas Bankers Association for their services, counsel and cooperation.
Respectfully submitted,
THOMAS W. LEGGETT,
State Bank Commissioner.

,.

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•
TABLE OF CONTENTS

.
Page
Department Roster _____________________________________________ -------7
Commissioners of State Bank Department_ _______________________________ s
Receipts and Disbursements ______________________________________________ 8
Comparative Abstract showing condition of State Banks and Trust Companies as of June 30, 1945 and June 30, 1944 __________________________ 9
Comparative Abstract showing condition of State and National Banks
of Arkansas as of December 31, 1944-1940___________________________ 10
Comparative statement of condition of State Banks and Trust Companies
for the Twelve months period ending December 31, 1944 ______________ 11
Banking Facilities by Counties including State and National Banks,
Teller's Windows and Cooperative Exchanges _____________________ l3-14
National Banks in Arkansas ____________________________________________ 15
Members of Federal Reserve Systen1 ____________________________________ l6
Commercial Banks Non-Members of Federal Deposit Insurance Corporation __ l6
Trust Companies not engaged in Commercial Banking and Non-Members
of Federal Deposit Insurance Corporation ____________________________ l()
State Banks operating Teller's Windows ________________________________ l7
National Banks operating Teller's Windows ______________________________ l7
New Banks Chartered _________________________________________________ l 7
Amendments Altering Capital Structure _________________________________ l 7
Amendments authorizing the purchase of assets and assumption of liabilities of other banks _____________________________________________ 18
State Banks converted to National Banks ________________________________ l8
Banks establishing Teller's Windows ____________________________________ 18
Amendments changing par value of outstanding shares of capital stock ____ l8
Amendments changing number of Directors ______________________________ 18
Banks which have retired Preferred Stock ______________________________ lS
Individual statements of condition of all State Banks and Trust Companies as of June 30, 1945 ______________________________________ 19-141

...

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1

Thirty-First Report

.

7

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DEPARTMENTAL ROSTER
Thomas W. Leggett__ _________ State Bank Commissioner
___ Assistant Bank Commissioner
Theo P. Carson_ _______
John L. Carter
__ _____ ___ __ Assistant Bank Commissioner
in charge Building and Loan
and Securities Division
BANK EXAMINERS
F. C. Rayburn

Albert Sims

J. A. Welty
/ /~

ff~~/

•

/ '. /

ASSISTANT EXAMINERS

//Y ~

-H. B. Meistm

p,,_ rrer< SO j,/

~-S.

It-. M.

g1;0:l'l:ele1 rcrrd

BUILDING AND LOAN AND SECURITIES EXAMINER

--R, K CuMett

Ge .I>(If/'( (i.t.JN..,,

SECRETARY TO BANK COMMISSIONER
Audry Arnn
CLERKS AND STENOGRAPHERS
Mart~u JeuH CRrter
Nora S. PowerE?
Vivian Martin
:5v e . r;,1-.1t:r f I 1- , 'l,.J.ST ATE BANKING BOARD
B. A. Lynch, Chairman ______ __________________
____ Blytheville
Howard East_ _________________________________________________________ Camden
Louis E. Hurley _______________________________________________________ El Dorado
A. N. Ragon ___________________ :_____________________________________ Clarksville
C. E. Crossland _________ ---i---------- ____________________________ Little Rock
\

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8

State of Arkansas: Bank Department

,.

COMMISSIONERS OF STATE BANK DEPARTMENT
STATE OF ARKANSAS
No.
Name
Date of appointment
Date service ended
1 John M. Davis _____________ March 6, 1913 _____________ October 3, 1918
2 A. J. Reap ________________ October 3, 1918 ____________ March 22, 1919
3 W. T. MaxwelL ____________ March 22, 1919____________ September 1, 1921
4 Charles McKee ____________ September 1, 192L ________ July 28, 1925
5 Loid Rainwater ____________ July 28, 1925 ______________ February 8, 1927
6 Walter E. Taylor_ _________ February 8, 1927__________ January 10, 1933
7 Marion Wasson ____________ January 10, 1933 ___________ January 12, 1937
8 Grover S. Jernigan _________ January 12, 1937___________ January 14, 1941
9 Thomas W. Leggett_ _______ January 14, 194L _________ _
The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1944, to June 30, 1945:
RECEIPTS
Cash balance with State Treasurer June 30, 1944 ___________________ $38,393.06
Examination and assessment fees Bank Department_ ____ $2.1,873.26
Charter and amendment fees Bank Department_________
646.0-0
Exam~n:tt;ion and assessment fees Building and Loan
D1v1s1on __ _________________ _____________________ 1,150.15
Miscellaneous fees Securities Division_________________ 9,838.77
$33,508.18
$71,901.24

DISBURSEMENTS
:Salary of Bank Commissioner _________________________ $
Salary of Assistant Bank Commissioner________________
Salary of Assistant Commissioner Securities Division___
Salaries of Bank Examiners__________________________
Salaries of Assistant Examiners______________________
Salaries of Office Force______________________________
Travel Expense ------------------------------------Maintenance __ ____ ____ __ ________ ___________ __ ______ _
Audit Expense to State Comptroller___________________

5,000.00
4,200.00
3,600.00
8,750.00
8,296.67
6,862.50
5,776.804,155.22
1,000.00

$47,641.19
Cash balance with State Treasurer June 30, 1945 ___________________ 24,260.05
$71,901.24

.

•

•

COMPARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUST COMPANIES OF
ARKANSAS AS OF JUNE 30, 1945 AND JUNE 30, 1944
Number of banks reporting

June 30, 1945
163

RESOURCES
Loans and discounts ___________________ _ $ 50,282,636.68
U.S. Government obligations ___________ _ 137,559,694.67
Other bonds and securities _____________ _
14,515,173.74
Banking house, furniture and fixtures ___ _
1,093,753.61
Other real estate ______________________ _
84,991.79
Other resources _______________________ _
407,182.. 16
Cash and due from banks ______________ _
115, 746,102.23.,
TOTAL RESOURCES ________________ _

Decrease

Increase

June 30, 1944
161 •
$ 42,154,535.10

$

97,906,0,64,13
13,202,605.88
1,135,084.64
82,377.69
495,809.86
87,156,423.96

41,331.03
2,614.10

--------

88,627.70

----------

28,589,678.27

$319,689,534.88

$242,132,901.26

$ 77,556,633.62 (Net)

LIABILITIES
Demand deposits ______________________ _ $217,927,532.00
Savings and time deposits ______________ _
29,434,249.33
U.S. Government deposits _____________ _
20,379,245.30
Public funds _________________________ _
22,160,145.87
Deposits of Banks _____________________ _
12,819,298.37

$156,697,385.73
22,390,777.77
16,739,297.21
20,785,806.89
10,219,541.70

$ 61,230,146.27

""-3

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$

7,043,471.56
3,639,948.09
1,374,338.98
2,599,756.67

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TOTAL DEPOSITS __________________ _

$302,720,470.87

$226,832,809.30

$ 75,887,661.57

$

Borrowed money _________ -------------·
Other liabilities ______________________ _
CAPITAL ACCOUNTS
Capital stock _________________________ _
Surplus ______________________________ _
Undivided profits and reserves _________ _

$

$

81,746.14
141,560.85

$

25,000.00
96,233.71

$

$ 7,346,000.00
5,115,300.00
4,163,223.31

7,123,500.00
4,336,350.00
3,616,934.97

$

222,500.00
778,950.00
546,288.34

TOTAL CAPITAL ACCOUNTS________

$ 16,624,523.31

$ 15,076,784.97

$

1,547,738.34

TOTAL LIABILITIES_________________

$319,689,534.88

$242,132,901.26

$ 77,556,633.62 (Net)

106,746.14
237,794.56
$

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$

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'""'

0

COMPARATIVE ABSTRACT SHOWING CONDITION OF STATE AND NATIONAL BANKS OF ARKANSAS
AS OF DECEMBER 31, 1944-1:J40

Cr.I

--------------------~

Number of Banks

213
1944

RESOURCES
Loans and discounts ____________________
U.S. Government obligations ___________
Other bonds and securities ______________
Cash and due from banks _______________
Banking house, furniture and fixtures ____
Other real estate owned ________________
Other resources _______________________ .

<"'+-

211
1943

215
1942

217
1941

(,:,

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'-+,

206,185,000
34,269,000
192,985,000
2,951,000
290,000
860,000

$ 68,681,000
127,461,000
34,519,000
202,275,000
2,977,000
415,000
771,000

$ 78,491,000
42,345,000
34,007,000
159,337,000
3,046,000
633,000
697,000

$ 70,802,000
25,049,000
31,543,000
117,292,000
3,156,000
867,000
634,000

$655,731,000

$515,739,000

$437,099,000

$318,556,000

$249,343,000

LIABILITIES _________________________
Capital stock __________________________
Surplus _______________________________
Undivided profits and reserves _______ ·___
Deposits _____________________________ Other liabilities _______________________ .

$ 13,682,000
11,440,000•
8,272,000
631,710,000
627,000

$ 13,512,000
9,870,000
7,249,000
484,327,000
781,000

$ 13,395,000
9,071,000
6,491,000
407,335,000
807,000

$ 13,376,000
8,328,000
6,225,000
289,869,000
758,000

$ 13,401,000
7,340,000
5,714,000
222,190,000
698,000

TOTAL LIABILITIES _________________

$655,731,000

$515,739,000

$437,099,000

$318,556,000

$249,343,000

$ 86,227,000

$ 78,199,000

309,092,000
33,615,000
232,953,000
2,921,000
208,000
715,000

TOTAL RESOURCES _________________

•

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216
1940

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.

•

•

COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES
FOR PAST THIRTY-ONE YEARS
---

Date
June 23, 1915 _________
June 30, 1916 _________
June 20, 1917 __________
June 29', 1918 _________
June 30, 1919 _________
.June 30, 1920 _________
June 30,, 1921_ ________
June 30, 1922 _________
June 30, 1923 _________
June 30, 1924 _________
June 30, 1925 _________
June 30, 1926 _________
June 30, 1927 _________
June 30, 1928 _________
June 29, 1929 _________
June 30, 1930_________
June 30, 193L ________
June 30, 1932 _________
June 30, 1933 _________
June 30, 1934 _________
June 29, 1935 _________
June 30, 1936 _________
June 30, 19'37_________
June 30, 1938 _________
June3~1939 _________
June 29, 1940 _________
June 30, 1941_ ________
June 30, 1942 _________
June 30, 1943 _________
June 30, 1944 _________
June 30, 1945 _________

Number
Banks

Deposits

397 $ 39,523,900
387
50,107,100
389
72,480,300
90,194,100
389
386
109,447,800
404
129,669,700
406~ 104,393,600
402 '106,276 400
403
128,580,700
123,365.30,0
397
396
136,552,900
394 " 142,107,300
134,788,700
376
135,849,800
358
347
137,636,800
131,936,800
329
265
92,097,800
223
62,043,400
202
47,335,000
189
41,756,400
50,646,500
180
178
59,441,000
176
66,036,600
€-6,771,000
171
73,397,300
167
169
79,079,100
94,733,000
166
166
128,975,900
161~- 190,153,500
161-- 226,832,800
163
302,720,500

Loans and
Discounts

$ 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
46374,800
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
30,6€-•6,600
30,497,300
42,121,000
50,282,600

Borrowed
Money

$

3,778,300
2,088,20,0
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

Cash
11;

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
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

U.S. Gov't
Bonds
$

Capital
Structure

7,~ $ 19,183,300
2,000
18,721,700
1,029,600
19,724,300
7,832,500 ~,898,400
12,295,800
21,441,000
9;830,300
24,582,100
6,658,000
25,474,800
3,558,000
25,270,900
6,626,900_.-25,842,200
3,604,000
25,770,300
4,720,100
25,186,900
4,401,600
25,374,100
4,426,700
24,424,800
6,048,500
23,434,400
8,403,100
23,593,100
4,892,500
23,169,300
4,101,500
17,551,500
6,061.500
14,937,100
6,946,200
12,398,500
7,155,500
12,047,800
9,206,600 ~1,693,400
11,254,400
11,769,900
12,197,200
12,059,300
10,842,300
12,084,800
9,198,600
12,280,700
rn,664,100
12,567,100
12,705,800
12,805,500
21,423,800
13,316,600
13,904,500
71,252,800
97 906 1('0
· 15,076 800
137,559,700 ✓ 16,624,500

Total
R,j!sources

$ 62,625,500
70,989,10()
94,0,05,800
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,
114,721,200
85,708,100
67,506,400
57,423,900
62,770,700 ✓

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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 ,.....~
f-."
f-."

12

State of Arkansas: Bank Department

CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR THE TWELVE
MONTHS ENDING DECEMBER 31, 1944
EARNINGS:
Interest and discount on loans _____________ $ 1,837,575.37
Interest and dividends on securities_________ 1,643,686.30
Service ch~rl$'es, exchange charges,
comm1ss1ons, etc. _____________________ 1,583,949.13
Other operating earnings _________________
281,328.57
Total earnings from current operations __

$ 5,346,539.37

•

EXPENSES:
Salaries, wages and directors' fees _________ lji 1,795,745.54
212,180,77
Interest paid ----------------------------Taxes other than on income _______________ _
208,249.07
307,939.82
Taxes on income------------------------Other current expenses __________________ _ 1,085,621.54
Total current expenses _______________ _

$ 3,609,736.74

Net operating earnings ______________ _

$ 1,736,802.63

RECOVERIES AND PROFITS:
Recoveries and profits on securities sold ____ S
Recoveries on loans ---------------------Other recoveries-------------------------

92,743.54
156,464.02
165,908.04

On securities---------------------------All others -------------------------------

92,225.39
127,417.88
79,093.35

Net profits before dividends ___________ _
DIVIDENDS:
Cash dividends on common stock ___________ £
On preferred stock _______________________ _

451,609.50
39,203.19

298,736.62

~

490,812.69

$ 1,362,368.92

252,050.00
51,250.00

Total_-----------------------------OTHER DECREASES IN CAPITAL ACCOUNTS:
Preferred stock retired __________________ _
Net addition to capital accounts for 1944
Total capital accounts December 31, 1943 ________ $14,313,677.12
Less adjustment accounts of reserves and
banks retiring from business during 1944- __
223,267.07
Total capital accounts December 31, 1944

$

$ 1,853,181.61

Net profits after dividends------------~
OTHER INCREASES IN CAPITAL ACCOUNTS:
New common stock sold ___________________ $
Premium on common stock sold____________

415,115.60

$ 2,151,918.23

Total _ -----------------------------LOSSES CHARGED OFF:
On loans ________________________________ s

$

303,300.00
$ 1,665,668.92

•
$

198,050.00

$ 1,467,618.92

$14,090,410.05
$15,558,028.97

Thirty-First Report

13

BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, TELLER'S WINDOWS AND
COOPERATIVE EXCHANGES

County

"

"'

Arkansas_---------·
Ashley _______ ---- __
Baxter _____________
Benton _____________
Boone _____________ ,
Bradley ____________
Calhoun __T _ ______ .
Carroll_ ______ -- -- -·
Chicot_ ____________
Clark ______________
Clay~-------------Cleburne ___________
Cleveland __________
Columbia ___________
Conway _____ ------Craighead __________
Crawford _______ -- -·
Crittenden _________
Cross ______________
Dallas _______ -- --- Desha ______________
Drew ______________
Faulkner ___________
Franklin ___________
Fulton _____________
Garland ________ - - - Grant ______________
Greene _____________
Hempstead _________
Hot Spring _________
Howard _______ -- - - Independence _______
Izard--~----------Jackson ____________
Jefferson ________ - -·
Johnson ____________
Lafayette ___ ------Lawrence __________
Lee ________________
Lincoln ____________
Little River _________
Logan _____________
Lonoke _____________
Madison __________ -·
Marion ___________ -·
Miller _______ - - -- - - .
Mississippi_ _____ - -Monroe ____________
Montgomer:· ______ - .
Nevada ____________
Newton ____________
Ouachita ________ - -Perry ______________
Phillips _____ - - -- --Pike _______________

Population
24,437
26,785
10,281
36,148
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
2
6
1
4
2
2
1
1
3
4
3
2
2
3
1
4
4
3
3
2
2
3

I

2
2
1
1
1
1
1
1

1
3
2
l

3
1
1
1
2
6
2
I

National
Banks
2

1

1

1
1

2
2
1

1

1ft
2

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
4
3
1
1

Cooperative ExChanges

Teller's
Windows

1

_i--

-v
......i--

3

1
1

--i-1

2

3

I

14

State of Arkansas: Bank Department
BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, TELLER'S WINDOWS AND COOPERATIVE EXCHANGES-Continued

Population
County
Poinsett_ __________ _
37,670
15,832
Polk------------~25,682
Pop~~-------------·
Prairie ____________ _
15,304
Pulaski_ __________ _
156,085
Randolph __________ _
18,319
St. Francis ________ _
36,043
Saline ____________ _
19,163
Scott _____________ _
13,300
Searcy ____________ _
11,942
Sebastian _________ _
62,809
Sevier ____________ _
15,248
Sharp _____________ _
11,497
Stone _____________ _
8,603
/
Union _____________ _
50,461 /
Van Buren ________ _
12,518✓
Washington _______ _
41,114
White _____________ _
37,176
Woodruff _________ _
22,133
YelL _____________ _
20,970
1,949,387

State
Banks

National
Banks

Teller's
Windows

5

Cooperative ExChang~s
1

1

1

,,;l--

1

3
2

3

2

2

1
1
1

~

1
3

4
2

1

1

4
1

1

4

2

5
7

2

1
2
4

163

/69

50

2
1
1

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19

--!4/

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~

Thirty-First Report

.

NATIONAL BANKS IN ARKANSAS
County
Location
Name
Citizens National Bank _________________Arkadelphia ________Clark
First National Bank ____________________ Ashdown ___________ Little River
First National Bank ____________________ Batesville __________ Independence
First National Bank ____________________Berryville __________Carroll
First National Bank ____________________ Blytheville _________ Mississippi
Citizens National Bank _________________ Camden ____________Quachita
Farmers National Bank _________________ Clarksville _________ Johnson
First National Bank ____________________ ConwaY------------Faulkner
First National Bank ____________________ DeQueen _______ ----Sevier
First National Bank ____________________De Witt_ ___________ Arkansas
First National Bank ____________________ El Dorado __________Union
National Bank of Commerce _____________ El Dorado __________Union
First National Bank ____________________ Fayetteville ________ Washington
First National Bank ____________________ Fordyce ____________Dallas
National Bank of Eastern Arkansas ______ Forrest City --------~t. Francis
City National Bank _____________________ Fort Smith _________ Sebastian
First National Bank ____________________ Fort Smith _________ sebastian
Merchants National Bank _______________ Fort Smith _________ Sebastian
First National Bank ____________________Green Forest_ ______ Carroll
First National Bank ____________________ Gurdon ___________ -Clark
Arkansas National Bank ________________ Heber Springs ______Cleburne
Helena National Bank __________________ Helena _____________Phillips
Phillips National Bank _________________ Helena _____________Phillips
Citizens National Bank _________________ Hope ______________ Hempstead
First National Bank __________________ _:_Hope ______________ Hempstead
Arkansas National Bank ________________ Hot Springs ________Garland
Planters National Bank _________________ Hughes ____________ st. Francis
First National Bank ___________________ ,Huntsville __________ Madison
First National Bank ____________________ Lewisville __________Lafayette
Commercial National Bank ______________ Little Rock _________ Pulaski
Peoples National Bank _________________ Little Rock _________ Pulaski
Union National Bank ___________________ Little Rock ________ .Pulaski
First National Bank ____________________ Magnolia ___________columbia
Malvern National Bank ________________ 0 ;(\1alvern ___________ .ffot Spring
First National Bank ____________________ Marianna _________ -Lee
Planters National Bank _________________ Mena _____________ -Polk
First~ ational Bank ___________________-:Nashville _________ -Howard
First National Bank ____________________ N ewport_ __________ Jackson
National Bank of Commerce ____________ :Paragould __________Greene
New First National Bank _______________ Paragould _________ .Greene
First National Bank _____________________ Paris ______________ Logan
National Bank of Commerce _____________ Pine Bluff_ _________Jefferson
Simmons National Bank _______________ ~Pine Bluff_ _________ Jefferson
American National Bank ________________ Rogers _____________Benton
First National Bank ____________________ Springdale _________ Washington
Peoples National Bank _________________ .Stuttgart_ _________ Arkansas
State National Bank ____________________ Texarkana _________ Miller
First National Bank ____________________ Tuckerman _________Jackson
First National Bank of Lawrence Co. _____ Walnut Ridge _______ Lawrence
First National Bank ____________________ Wynne _____________Cross

...

15

State of Arkansas: Bank Department

16

MEMBERS OF FEDERAL RESERVE SYSTEM

Capital and
Surplus
Date of Admission Name of Bank and Location
April 21, 194L ______Elk Horn Bank & Trust Company ___________ $ 130,000.00
Arkadelphia
August 23, 1918 _____ Farmers Bank & Trust Company____________ 300,000'.00
Blytheville
May rn, 1944 _______ ,Bank of Brinkley _________________________ _
90,000.00
Brinkley
April 28, 194L _____ :The Merchants & Planters Bank____________ . 150,000.00
Camden
September 11, 1942_.The Exchange Bank & Trust Company_______ 150,000.00
El Dorado
January 7, 1944 _____Mcllroy Bank ---------------------------- 200,000.00
Fayetteville
September 22, 1933_.Fordyce Bank & Trust Company____________ 100,000.00
Fordyce
September 25, 1942_.Arkansas Trust Company__________________ 400,000.00
Hot Springs
March 20, 1919 ______w_ B. Worthen Company, Bankers __________ 1,245,000.00
Little Rock
September 20, 1944_.Farmers & Merchants Bank _______________ _
65,000.00
Marianna
July 21, 1920--------The Bank of Russellville___________________ 120,000.00
Russellville
August 23, 1923 _____Peoples Exchange Bank____________________ 120,000.00
Russellville
June9,1942--------Grant County Bank ______________________ _
50,000.00
Sheridan
April 11, 1944 ______ .'Smackover State Bank ____________________ _
50,000.00
Smackover
May 20, 1921_ ______ ,Bank of Waldron _________________________ _
75,000.00
,
1
,,,
Waldron
:::,
.,
.,,.
1

*

7...

}t,. "'"

.-P.e fat es OF1rv:~ ·rN,t;, ►. C>f>/IV t e:>
BA'NKs~:(j~ iE"1~'Jfilf FEDERAL
t)

COMMERCIAL

DEPOSIT

INSURANCE CORPORATION

Name
Location
Farmers & Merchants Bank _______________________ Des Arc
~:~-~~_!a~=~=-- ____ -;;_"::.--:--:::::: ::-o, -.~ __ --:,- -:,.:.P~rtland .
-~~~·"'J.V1e=?ltl!'Ba'fi1.L_.::::. ________________ .,, __ ":.Reyno
Bank of Sidney ___________________________________ Sidney
TRUST COMPANIES NOT ENGAGED IN COMMERCIAL BANKING AND
NON MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION
Name
Location
Arkansas Valley Trust Company ________________ Fort Smith
Guaranty Loan & Trust Company ___________________ Helena
Metropolitan Trust Company ___________________ Little Rock

Thirty-First Report

.

.17

STATE BANKS OPERATING TELLER'S WINDOWS
Location of
Teller's
Name of Bank
Location /
Window V
County
Citizens State Bank _______________ Bald Knob _____ Bradford_'!_✓___White
Benton State Bank _______________ .Benton __ ~Bauxite_·~ ~_.Saline
7
DeWitt Bank & Trust Company ____ DeWitt_ ______ .,..GilletL--V---LArkansas
Planters Bank& Trust Company ___ Forl'est City-~Cotton Plant~_.,:Woodruff
Planters Bank & Trust Company ___ Forrest City _k".".:De Valls BluffLPrairie
Farmers Bank ___________________ ,Greenwood~-~-~rtford_? ___ Sebastian
The Cleburne County Bank _________ Heber Sprm
Clmton ________ ,Van Buren
McGehee Bank ___________________ McGehee_~ __ Arkansas ~ ~-Desha
.JM:?n~tt~ S~ate Bank _______________ MonetteV____ Caraway _______Ci:ai~h~ad.
'1'M1ss1ss1pp1 County Bank __________ Osceola __ --:-/"/Luxora ________ .M1ss1ss1pp1
The Security Bank & Trust Co, _____ Paragould~---Marmaduke ____ Greene
First State Bank _________________ Plainview ___~Ola ____________Yell
~ B a i l k E"II •
..
Plaiu=; ·u
. ~t1xr1viU@ _,
D I
Bank of Prescott_ _________________PrescotL~--~mmeL~--- ___ Nevada
The Searcy Bank _________________ Searcy ---~-----P gburn_ ----White
Bratt-Wasson Bank _______________ Siloam Springs entrY,-z-----Benton
Bank of Tuckerman ___ -----------· Tuckerman___
wiftonW".'.'"__ .,.,,:-__Jackson ,
Merchants & Plant~rs B~k _______Warren___ _ _Herpritagd{___ Bradley

-1r 1Y11S.$1S.S1J,J-1
Co<JM
NA'TiONAL B

'/jql'/1( O".$cee11

~T:.i1NE!'f

NKS OPERATING TEL~'S WINDOWS
State National Bank ______________ Texarkana _____ Foreman _______Little River

.,.

,

/ I

/<.:,
~

//-.J-'c.f, _

NEW BANKS CHARTERED
July 1~ 1944' to Juiie130, 1945
Name, Location and Date
Capital
Commercial Bank, Harrison, Boone County
July~ 1944 -------------------r-----~-- $60,00J
Bank of Newark, Newark, Independence.County
October 12, 1944 _______________________ _
25,000
The Farmers & Merchants Bank, Stuttgart, Arkansas County, December 29, 1944 _ _: ___ _'. __ _
75,000
The Citizens Bank, Bearden, Ouachita County
June 7, 1945 ________________ .!.:_ __ ~------25,000

'

IY//~!il!,S/htJI

u
Charter
Surplus Number
$15,000

685

5,000

686

25,000

687

5,000

688

AMENDMENTS ALTERING "CAPITAL STRUCTURE
July 1, 1944 to June 30, 1945
The Citizens Bank & Trust Company, ··Batesville, retired J::oth classes of
preferred stock amounting to $30,000.00, 'a¥- the sale of a like amount of new
common stock at par value and increased common stock from $60,000..00 to,
$100,000.00 by the declaration of a common stock dividend.
The Bank of Montgomery County, Mount Ida, increased common capital
from $5,800.00 to $21,600.00, by the declaration of a $10,000.00 common stock
dividend and by the conversion of $5,800.00 class "A" preferred stock to common stock, leaving the bank a total capital of $25,000.00, of which $3,400.00 is.
class "A" preferred stock and $21,600.00 of common stock.
The Bank of Cave City, Cave City, increased common stock from $5,000.00,
to $10,000.00, by the declaration of a 100% stock dividend, leaving the capital
.at $15,000.00 of which $5,000.00 is preferred stock and $10,000.00 common stock.
The Corning Bank, Corning, increased capital stock from $25,000.00 to,
$37,500.00, by the declaration of a 50% stock dividend.
Little River Bank, Lepanto, increased capital stock from $25,000.00 to
$50,000.00, by the declaration of a 100% stock dividend.
McGehee Bank, McGehee, increased capital stock from $50,000.00, to,
$75,000.00, by the declaration of a 50% stock dividend.
Bank of West Memphis, West Memphis, increased capital stock from
$25,000.00 to $50,000,,00 by the declaration of a 100% stock dividend.

<,-

18

State of Arkansas: Bank Department

Bank of Weiner, Weiner, increased capital stock from $20,000.00 to
$25,000.00, by the sale of $5,000.00 new stock for $10,000.0-0; the additional
$5,000.00 realized from the sale was added to the surplus fund.
AMENDMENTS AUTHORIZING THE PURCHASE OF ASSETS AND ASSUMPTION OF LIABILITIES OF OTHER BANKS
July 1, 1944 to June 30, 1945
The Citizens Bank & Trust Company, Batesville, amended articles of incorporation to provide for the purchase of a part or all of the assets and assumption of the liabilities, except those to the stockholders, of First National
Bank, Newark, Arkansas.
STATE BANKS CONVERTED TO NATIONAL BANKS
July 1, 1944 to June 30, 1945
The Citizens Bank & Trust Company, Batesville to First National Bank,
Batesville, October 11, 1944.
BANKS ESTABLISHING TELLER'S WINDOWS
July 1, 1944 to June 30, 1945

Name

Location

Location of
Teller's
Window

J:~;1~r;I f;;~-c;-wr-?fTtfif,if\----~~~;1-;if-----------~;t~~
AMENDMENTS CHANGING PAR VALUE OF OUTSTANDING SH4RES
OF CAPITAL STOCK
July 1, 1944 to June 30, 1945
Arkansas Trust Company, Hot Springs, reduced par value of shares of
capital stock from $100.00 to $25.00 per share.
AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1, 1944 to June 30, 1945
Name
Location
From
Citizens Bank _________________________ Booneville_______ 7
Mcilroy Bank __________________________Fayetteville ______7 to 11
Citizens Bank of Lavaca ________________ Lavaca __________5 to 9
Peoples Bank ____________________ ~ ____ _portland _________5 to 9
Warren Bank __________________________Warren __________5 to 9
Bank of West Memphis _________________West Memphis ___ 5 to 7

To
3 to
7 to
3 to
3 to
5 to
5 to

5
15
7

7
10

9

BANKS WHICH HA VE RETIRED PREFERRED STOCK
July 1, 1944 to June 30, 1945
Amount
Name
Location
Retired
Merchants & Planters Bank & Trust Co. _____Arkadelphia -----------$35,000.00
The Citizens Bank & Trust Company ________Batesville _____________ 30,000.00
The Merchants & Planters Bank ____________Clarendon _____________ 12,500.00
Bank of Delight_ _________________________Delight --------------- 5,000.00
Bank of Dover ___________________________ Dover _ ------------ __ _ 1,000.00
The Bank of Montgomery County __________ .Mt. Ida _______________ 5,800.00
Bank of Pea Ridge ________________________ Pea Ridge _____________ 5,000.0-0
The Bank of Rector_ ______________________Rector ---------------- 1,500.00
Peoples Exchange Bank ___________________Russellville ____________ 30,000.00

Thirty-First Report

19

THIRTY-FIRST REPORT
of

STATEMENTS OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OF JUNE 30, 1945

Cities and Towns Alphabetically Arranged by Postoffices
Population shown is that given by the 16th census of the United States 1940

COMMERCIAL BANK AT ALMA, ALMA
Population, 774.

Crawford County

Chartered January 31, 1910.

Officers

Transit Number 81-272

,l"i.

Directors
Fred Alexander
H. Cole
✓1,. Fred Alexa_nder _____ Vice Presid~nt -:'Reves L. Bolling
::,/1. H. Kibler_
yReves L. Bolling ____________ Cash~er v E. Bradley
C. R. Starbird
Margaret Adams _______ Asst. Cashier 'i'W. E. Byars

../w. E. Byars _______________ President

v;,w.

✓ J.

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 65,205.83
Overdrafts _ ____________
34.32
U. S. Gov't obligations ____ 417,143.56
Other bonds and securities_ 43,000.00
Furniture and fixtures____
300.00
Banking house ___________
500.00
Other real estate_________
1.00
Cash and due from banks __ 393,895.92

Liabilities
Capital stock ____________ $ 25,000.00
Surplus fund ___________ _ 15,000.00
Undivided profits _______ _ 11,816.68
Reserves ______________ _
189.90
Demand deposits ________ _ 820,510.73
Time deposits __________ _
6,541.54
U. S. Gov't deposits ______ _
2,388.81
Public funds ____________ _ 38,632.97
Total deposits __ $868,074.05

Total ________________ $920,080.63

Total ________________ $920,080.63

20

State of Arkansas: Bank Department

BANK OF AMITY, AMITY
Population 608.

Clark County

Chartered November 30, 1905.

Transit Number 81-287

/
Officers
/ G. W. Tolleson _____________ President /J. F. Brown
./W. H. Olds ______________ Vice President .,,.,.-i;.yn Maxey
/Cleda Olds _________________ Cashier ✓Cleda Olds
~ - t H " H t t g e _________ Asst. Cashier
v'

lMdt.R..i

/71

Dir*rs

W. H. Olds

✓G. W. Tolleson

na-t./(l,V
STATEMENT OF JUNE 30, 1945

Resources
Loans and Discounts ____ $
Overdrafts _ ----~-----U. S. Gov't obligations __ _
Other bonds and securities
Furniture and fixtures __ _
Banking house ________ _
Cash and due from banks
Other resources _______ _

106,481.20
10.18
555,784.88
248,223.62
500.00
500.00
294,532.36
15.02

Liabilities
Capital stock ___________ $ 35,000.00
Surplus fund __________ _
25,000.00
Undivided profits ______ _
11,689.14
Demand deposits ______ _ 863,787.77
Time deposits _________ _ 198,091.91
U. S. Gov't deposits _____ _
48,461.90
Public funds __________ _
24,016.54
Total dep. ___ $1,134,358.12

Total _______________ $1,206,047.26

Total _______________ $1,206,047.2G

1--l~LK

HORN BANK AND TRUST COMPANY, ARKADELPHIA

Population, 5,078.

Clark County

Chartered September 28, 1903.

Transit Number 81-133

/,
Officers
_,,<.;.
Directors
_
W. E. Barkman _____________ Pres~dent W. E. Barkman ::,,t, C. Stone.
v/.1. H. Lookadoo ________ Vice President ...-A. P. Greene
P. Sturgis
✓ A. P. Greene __________ Vice President ~arence Hardin
J. Vestal
~ /A. J. VestaL __________ Vice President
. _H. Loo_ k. adoo
J. B. Wingfield
., A. C. Stone _________________ Cashier
· t:_· Meador
/ C. C. Lookadoo _________ Asst. Cashier
.. ·:) 1 t 1.',~_,.. , (,t.,t ;:·:)

/!·

%·

., . ,

'(),. ,. ·1----r,-'

r /;.,. -J. ..1 -<,__..__

H.-e(l-,t 'I'.,,

;

~

.,,

.STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 317,652.64
Loans on commodities___
3,700.00
Overdrafts _ ___________
3.90
U. S. Gov't obligations __ 1,192,400.00
Other bonds and securities 126,415.78
Furniture and fixtures__
2,000.00
Banking house _________
6,000.00
Cash and due from ranks 1,032,628.74
Other resources ________
2.00

Liabilities
Capital stock __________ $ 100,000.00
Surplus fund __________ _
30,000.00
Undivided profits _____ _
32,143.17
Demand deposits ______ _ 1,602,273.28
Time deposits _________ _ 640.553.65
Public funds __________ _ 275,832.96
Total dep. ___ $2,518,659.89

Total _ --------------$2,680,803.06

Total _______________ $2,680,803.06

¥

-../

I

Thirty-First Report

21.

MERCHANTS AND PLANTERS BANK AND TRUST
COMP ANY, ARKADELPHIA

Population, 5,078.

Clark County

Chartered June 15, 1911.

Transit Number 81-469

✓,
Officers
✓,{
Dir~rs
H. T. Ross ________ Chairman of Board
H. Crawford
E. N. McElhanon
../H, A. Daugherty ___________ President ~ - A. Daugherty vD. W. McMillan
✓,FL G. Elms ____________ Vice President
H. G. Elms
VIJ. T. Ross
✓ Jett _Black _______ Cashier & Secreta;ry VJfoy F. Golden
~alph Williams
/_Lottie S. Watson _______ Asst. Cashier, ✓James C. Hobgood
✓ Catherine Condray ______ Asst. Cashier
...,,Martha l\foore.§_.::~,.~-Asst. Secretary
1
'J,1/Ve" tl{V'/trt: A.IC. G- //
1
STATEMENT OF JUNE 30, 1945

fa...

Resources
Loans and discounts _____ $ 529,029.11
Loans on commodities __ _
11,739.91
U. S. Gov't obligations __ _ 281,424.00
Other bonds and securities
94,813.96
Furniture and fixtures __ _
3,260.00
Banking house ________ _
12,000.00
Other real estate ______ _
7.00
Cash and due from banks 362,015.80
Other resources _______ _
2.00

Liabilities
Capital stock ----------$
Surplus fund __________ _
Undivided profits _____ _
Reserves _____________ _
Demand deposits ______ _
Time deposits _________ _
U. S. Gov't deposits ____ _
Public funds __________ _
Total dep, ___ $1,151,966.27

100,000.00
20,000.00
10,527.04
11,798.47
738,066.60
123,352.68
101,450.60
189,096.39

Total _______________ $1,294,291.78

Total _______________ $1,294,291.78

BANK OF ASH FLAT, ASH FLAT

Population, 315.

Sharp County

Chartered February 20, 1912.

Transit Number 81-499

/,
Officers
✓Directors
' Qdus Carpenter ___________ President Willene Brawley '_Jforace Martin
✓,J, _M. Causbie _________ Vice Presid~nt j<jdus Carpel!-ter ._/V. McJunkins
,,,,Willene Brawley ____________ Cashier J. M. Causbie

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 41,450.15
Loans on commodities_____ 66,961.36
Overdrafts _ _____________
18.18
U. S. Gov't obligations ____ 225,000.00
Other bonds and securities
514.45
Furniture and fixtures____
1.00
Banking house ___________
1,400.00
Cash and due from banks __ 134,256.92

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund _________·___
6,000.00
Undivided profits _________ 10,358.97
Demand deposits _________ 415,834.38
Time deposits ___________
3,941.66
U. S. Gov't <feposits_______ 14,887.50
Public funds _____________
8,579.55
Total deposits--$443,243.09

Total ________________ $469,602.06

Total ________________ $469,602.06

22

State of Arkansas: Bank Department

BANK OF ATKINS, ATKINS
Population, 1,322.

Pope County

Chartered September 19, 139,5_

Transit Number 81-215

Directors
Officers
{
J. M. Barker_ ______________ President , C. A. Barker
• J. M. Barker, Jr.
J. M. Barker, Jr. ______ Vice President • J. M. Barker
,1 C. A. Barker_ _______________ Cashier
STATEMENT OF JUNE 30,, 1945

Resources
Loans and discounts ______ $ 41,656.88
Overdrafts _ ____________
824.59
U. S. Gov't obligations ____ 442,000.00
Other bonds and securities
457.80
Furniture and fixtures____
776.85
Banking house ___________
2.,964.74
Cash and due from banks __ 328,938.89

Liabilities
Capital stock ____________ $ 30,000.00
Surplus fund ____________ 15,000.00
Undivided profits ________ 14,464.65
Demand deposits _________ 720,037.88
U. S. Gov't deposits_______ 11,422.17
Public funds _____________ 26,695.05
Total deposits __ $758,155.10

Total ________________ $817,619.75

Total ________________ $817,619.75

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

Woodruff County

Chartered February 20, 1935.

Transit Number 81-718

Officers
Directors
'I' J. H. Snapp _______________ President rGeo. L. Beard
vW. M. Sale
\' W. M. Sale ____________ Vice President ""W. B. Conner
-;:::J. H. Snapp
✓ W. B. Conner _____ V. Pres. & Cashier vR. E. Gregory
, C.R. Stacy
.• 0. T. Beasley __________ Asst. Cashier
STATEMENT OF JUNE 30, 1945.

Resources
Loans and discounts ____ $
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __ _
Other bonds and securities
Furniture and fixtures __
Banking house- ________ _
Cash and due from banks

214,633.01
2,600.00
122.21
564,700.00
110,645.86
812.00
2,970.00
496,225.24

Total _______________ $1,392,708.32

, Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund __________ _
35,000.00
Undivided profits _____ _
13,754.82
Demand deposits ______ _ 1,007,687.90
U. S. Gov't deposits ____ _ 196,711.61
Public funds __________ _ 111,694.60
Total dep. ___ $1,316,094.11
Other liabilities _______ _

2,859.39

Total _______________ $1,392,708.32

Thirty-First Report

23

CITIZENS STATE BANK, BALD KNOB
Population, 1,445.

White County

Chartered January 22, 1931.

Transit Number 81-673

Officers
Directors.
"""J. W. Brown ______________ President ~ J. W. Brown
v·· IL A. Whitley
,., H. A. Whitley ________ Vice President '" Jennings Leggett ~- D. Williams
v E. D. Williams ____ V. Pres. & Cashier
..,,-Erwin Wynn ___________ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 15,489.26
U. S. Gov't obligations __ 800,800.00
Other bonds and securities
23,675.89
Furniture and fixtures __
700.00
800.00
Banking house --------Cash and due from banks 432,187.16

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund __________
10,000.00
Undivided profits ______
5,176.17
Demand deposits _______ 1,032,494.29
U. S. Gov't deposits_____ 135,384.42
Public funds ___________
65,597.43
Total dep. ___ $1,233,476.14

Total ________________ $1,273,652.31

Total _ --------------$1,273,652.31

THE CITIZENS BANK, BEARDEN
Population, 961.
Chartered June 7, 1945.
Officers

Ouachita County
Transit Number 81-749
Directprs

✓Garland Anthony _________ President-" Garland Anthony

vR. W. Launius ________ Vice President .. ✓Oliver Anthony
✓Carlton Smith ________ Vice President
~•~..-·Hugh Thompson ____________ Cashier ~ J. W. Gossett
\'R. W. Launius

rw.

0. Proctor

'fl;-A. Sloan ,

.,·Carlton Smith
\. H. F. Thompson

OPENED FOR BUSINESS JULY 5, 1945

· •· • '\

24

State of Arkansas: Bank Department

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

White County
Transit Number 81-588

/

Officers
..,-::··
Directors
,- E. H. Abington _____________ Pres!dent ~- C. Abi_ngton VH. M. Dodds
v .J. R. Sloan ___________ Vice President '"S, H. Abmgton
vJ. R. Sloan
' T. E. Abington ______________ Cashier ~ - E. Abington ✓ J. C. Williams
"""'1'. S. Dabney

1

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 43,231.97
Overdraft:;; _ ____________
38.88
U. S. Gov't obligations____
8,600.00
Other bonds and securities
3,127.80
Furniture and fixtures____
1.00
Banking house __________
1.00
Other real estate_________
1.00
Cash and due from banks __ 742,043.49

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund -----------5,000.00
Undivided profits ________
7,262.58
Reserves _ ______________ 14,062.04
Demand deposits _________ 739,073.94
Public funds ____________
6,646.58
Total deposits __ $745,720.52

Total ________________ $797,045.14

Total ________________ $797,045.14

BELLEVILLE BANK, BELLEVILLE
Population, 411.
Chartered January 6, 1905.
/

✓.J. C.
✓ _,.l\irs.

V

Yell County
Transit Number 81-294

Officers
.
'(;.
Directors
Woodson _____________ President Carl Woodson, Jr. Mrs. J. C. Woodson
J. C. Woodson _____ Vice President ..J. C. Woodson

~, R. AiW~-.:;zz-----~a~~ier

IA ,v. f\

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 6,460.99
U. S. Gov't obligations ___ 174,000.00
Other bonBs and securities
1,306.57
Furniture and fixtures____
291.80
Cash and due from banks__ 89,400.55

Liabilities
Capital stock ____________ $ 10,000.00
Surplus fund ___________ _ 10,000.00
Undivided profits ______ _ 3,000.86
Demand deposits _______ _ 229,996.80
Public funds ___________ _ 18,462.25
Total deposits __ $248,459.05

Total _ ---------------$271,459.91

Total ________________ $271,459.91

.--·

--

---------------------------------

Thirty-First Report

25

----

BENTON STATE BANK, BENTON
Population, 3,502.

Saline County

Chartered February 9, 1934.

Officers
W. R. Alsobrook ___________ President
ii, H. ~diets __________ Vice President
W. A. Springer _____________ Cashier

Transit Number 81-711

Directors
H. B. Alsobrook H. J. Gingles
W. R. Alsobrook W. A. Springer
,U. n. 0&£~ffl
W. R. Stephens, Jr.
C. E. Fish
L. B. White

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ -$ 323,671.45
U. S. Gov't obligations __ 1,567,116.99
Other bonds and securities 313,253.86
Furniture and fixtures__
2,655.54
Banking house _________
3,605.68
Cash and due from banks 780,141.99

Liabilities
Capital stock _______ ---$ 25,000.00
Surplus fund _________ _
75,000.00
Undivided profits _____ _
2,675.28
Demand deposits ______ _ 2,059,699.89
Time deposits _________ _ 318,253.66
U. S. Gov't deposits ____ _
8,726.74
Public funds __________ _ 455,027.83
Deposits of banks ______ _
46,062.11
Total dep. ___ $2,887,770.23

Total _______________ $2,990,445.51

Total _______________ $2,990,445.51

I

,-, I

BANK OF BENTONVILLE, BENTONVILLE

y

' / . ,·

Population, 2,359.

Benton County

Chartered February 25, 1931.

Transit Number 81-701

/2

,,
Officers
Dir~s
-;"Ross Ma~tin _______________ Pres!dent ~ed Douglas
.,,- ]loss M:irtin
',Vol T. Lmdsey ________ Vice President Roy Drum
~ern Rife
~- Fred Douglas ______________ Cashier ""9ordon Knott
r T. Bryant Settle
~ol T. Lindsey
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 91,966.03
U. S. Gov't obligations __ 1,137,353.00
Other bonds and securities
33,300.00
Furniture and fixtures__
1,500.00
Banking house _________
4,000.00
Cash and due from banks 751,381.03

Liabilities
Capital stock ----------$ 30,000.00
Surplus fund _________ _
30,000.00
Undivided profits _____ _
15,272.98
Reserves _____________ _
128.41
Demand aeposits ______ _ 1,449,692.39
Time deposits _________ _ 154,314.18
U. S. Gov't deposits ____ _
99,922.34
Public funds __________ _ 231,362.54
Deposits of banks ______ _
8,807.22
Total dep. ___ $1,944,098.67

Total ________ _: ______ $2,019,500.06

Total _ --------------$2,019,500.06

26

State of Arkansas: Bank Department

BANK OF BLEVINS, BLEVINS
Population, 331.

Hempstead County

Chartered August 12, 1912.

Transit Number 81-518

V-

Dirtctors
Officers
.,H. M. Stephens ____________ President \ H. M. Stephens
· 'p, C. Stephens
~erbert M. Stephens __ Vice President \c Herbert M. Stephens
P. C. Stephens ______________ Cashier
STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 36,709.46
Loans on commodities____
5,900.00
U. S. Gov't obligations ____ 173,200.00
Other bonds and securities
8,000..00
Furniture and fixtures___
1.00
Banking house __________
1,000.00
2.00
. Other real estate_________
Cash and due from banks __ 148,620.31

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 10,000.00
Undivided profits ________
7,827.05
Demand deposits ________ 275,997.94
Time deposits ___________
8,979.85
U. S. Gov't deposits______ 34,947.76
Public funds ____________ 10,680.17
Total deposits __ $330,605. 72

Total ________________ $373,432.77

Total ________________ $373,432.77

. ivv
3::--1J / FARMERS BANK AND TRUST COMPANY, BLYTHEVILLE

if f~o!,~✓

Population, 10,652.
Chartered March 16, 1908.

Officers
, "" B. A. Lynch _______________ President
--~1.. H. ,joftHSO'I'\ __ ~ - - - Vice President
v F. E. Warren __ J_i~---------~
✓ R. L. Banister ________ ~ . Cashier
Max Logan ____________ 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, 1945

Resources
Loans and discounts _____ $ 566,452.91
Loans on commodities ___ 2,685,101.15
Overdrafts _ ___________
20-5.91
U. S. Gov't obligations __ 2,065,500.00
Other bonds and securities
71,291.35
Furniture and fixtures__
1.00
Banking house _________
72,500.00
Cash and due from banks 2,407,110.80
Other resources ________
28,418.57

Liabilities
Capital stock ----------$ 150,000.00
Surplus fund __________ 150,000.00
Undivided profits ______ 128,141.35
Demand deposits _______ 5,410,408.39
Time deposits __________ 778,999.38
U. S. Gov't deposits_____ 872,144.30
Public funds ___________ 316,707.44
Deposits of banks_______
61,763.26
Total dep, ___ $7,440,022.77
Other liabilities _______ _

Total _______________ $7,896,581.69

28,417.57

Total _______________ $7,896,581.69

I

Thirty-First Report

27

2

----

CITIZENS BANK, BOONEVILLE
Population, 2,324.
Chartered April 18, 1910.

Logan County
Transit Number 81-195
Directors
Geo. R. Edwards Chas. X. Williams
Mattie Edwards Long John Williams
Abe Williams

Officers
Mattie Edwards ___________ President
Long John Williams _________ Cashier
Chas. X. Williams ______ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 261,641.75
Loans on commodities __ _
24,300.00
U. S. Gov't obligations __ 701,200.00
Other bonds and securities
829.51
Furniture and fixtures __
1.00
Banking house ________ _
1.00
Other real estate ______ _
3.00
Cash and due from banks 720,129.88

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund __________ _
25,000.00
Undivided profits _____ _
18,283.48
Demand deposits ______ _ 1,491,193.74
U. S. Gq_v't deposits ____ _
1,823.96
Public funds __________ _ 121,804.96
Total dep. ___ $1,614,82.2.66

Total _______________ $1,708,106.14

Total _______________ Jl,708,106.14

THE BANK OF BRADLEY, BRADLEY
Population, 409.

Lafayette County

Chartered April 10, 1933.
Officers

Transit Number 81-513

~

Directors
J. W. Meek
Margaret R. Meek

V ,-J. B. Edwards _____________ President ,r J. B. Edwards •
,.,~ Margaret R. Meek _____ Vice President ✓L, B. Hamner ..,,,

;r.

✓

✓

W. Meek _________________ Cashier .,/W. A. McGee
J. W. Meek, Jr. _________ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 61,725.67
Loans on commodities ____ 180,972,.73
Overdrafts _ ____________
43.05
U. S. Gov't obligations____ 36,300.00
Other bonds and securities 21,100.00
Furniture and fixtures____
800.00
Banking house __________
800.00
Other real estate_________
4.00
Cash and due from banks__ 95,051.64

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ___________ _ 10,000.00
Undivided profits _______ _
7,732.98
Demand deposits _______ _ 272,637.56
U. S. Gov't deposits _____ _ 39,008.00
Public funds ___________ _ 42,418.55
Total deposits __ $354,064.ll

Tntal ________________ $396,797.09

Total _ ---------------$396,797.09

State of Arkansas: Bank Department

28

t

..

BANK OF BRINKLEY, BRINKLEY

,.

Population, 3,409.
Chartered January 17, 1903.

/

Monroe County
Transit Number 81-191

Officers
.
. L',
Dir~rs
V Andrew Flora ____________ President ".l<):ank Andrews ' X. Rusher
,Frank Andrews ______ Vice President V'Andrew Flora
✓w. W. Sharp
' John F. Cole ___ Active Vice President~. D. McKnight
✓Robert Moore _______________ Cashier

V,

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $
Loans on commodities __ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Other real estate ______ _
Cash and due from banks
Other resources _______ _

159,897.40
256,887.11
632,200.00
125,941.76
2,000.0-0
13,000.00
2.00
882,055.73
1,980.73

Total _______________ $2,073,964.73

r.,,,.-

r'Q(-/ V ,..,

✓"

.l-lf ·

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
40,000.00
Undivided profits _____ _
13,119.72
Demand deposits ______ _ 1,350,230.94
Time deposits _________ _ 283,560.79
U. S. Gov't deposits ____ _ 219,123.58
Public funds __________ _ 117,929.70
Total dep. ___ $1,970,845.01
Total _______________ $2,073,964.73

C..8 .BANK OF CABOT, CABOT
Population, 741.

Chartered March 23, 1903.

Lonoke County
Transit Number 81-304

'-

Officers
v
Dir~~
W. Lowman __________ President .,,.,.J.C. Alexander
~~.~- Gregory
Fred B. Garlington ____ Vice President,,., 0: H. Davis
r..,Jake W. Lowman
J. M. Park __________________ Cashier .-"Fred B. Garlingtoif' J. M. Park
Mildred M. Gr.w·fin _____ Asst. Cashier

✓- Jake

✓

"

✓.

. / l,,, ··,..\'•,. ,'

.

\

·/J,..,, ,,..It.-..
"

I'- ;ill~

(/

,,

•1

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Cash and due from banks

164,318.51
506,823.95
318.44
217,900.00
42,000.00
1.00
1.00
971,241.57

Total _______________ $1,902,604.47

Liabilities
Capital stock __________ $ 30,000.00
Surplus fund __________
40,000.00
Undivided profits ______
16,462.93
Demand deposits _______ 1,660,889.82
U. S. Gov't deposits_____
88,964.95
Public funds ___________
66,286.77
Total dep, ___ $1,816,141.54
Total _______________ $1,902,604.47

Thirty-First Report

/

29

STATE BANK OF CALICO ROCK, CALICO ROCK

\

Population, 738.
Chartered May 1, 1914.

Izard County
Transit Number 81-305 .

Officers
/4
Dire~s
/J·
E. McNeilL ______________ Pres~dent '/Dr. Noel J. Copp
Roy Perryman
/Dr-. Noel J. Copp ______ Vice Pres1d1:ntf" L. E. Evans.
y"E. C. Rodman

/.

/yf. C. Rodman _______________ Cashier .,....S. E. McNe11l

.

/Roy Perryman ________ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 67,403.73
Loans on commodities __ _
9,003.62
Overdrafts ___________ _
1,173.77
U. S. Gov't obligations __ 624,100.00
10,076.66
Other bonds and securities
Furniture and fixtures __
1,400.00
Banking house ________ _
1,600.00
Other real estate ______ _
2.00
Cash and due from banks 575,429.39
Other resources _______ _
6,860.00

Liabilities
Capital stock __________ $ 25,000.00
Surplus fund _________ _
12,500.00
Undivided profits _____ _
11,136.51
Demand deposits ______ _ 1,233,719.13
Time deposits _________ _
6,404.15
Public funds __________ _
8,289.38
Total dep, ___ $1,248,412.. 66

Total _ --------------$1,297,049.17

Total _ --------------$1,297,049.17

.
/

.,,,

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

Ouachita County
Transit Number 81-96

...,;·
Officers
.
/4 .
Dir~rs
.
~ - L Grayson
, C. L Grayson ______________ Pres1dent ~1ke Berg
/ .· H. T. Patton __________ Vice President ~-. W. Coan
~ - T. Patton
✓ J. W. Coa~-----------------Cash~er./2 W. Copeland " W. F. Patton
✓ E. L. Harnson _________ Asst. Cashier
C. S. Early
/John C. Watts
W//VooL-Pf( ID (re- .,.
"►
STATEMENT OF JUNE 30, 1945

,vp

Resources
Loans and discounts ____ $ 323,277.62
Overdrafts _ ___________
250.00
U. S. Gov't obligations __ 2,818,000.00
Other bonds and securities 571,239.22
Furniture and fixtures__
1.00
Cash and due from banks 2,614,500.66
Other resources ________
1.00

Total _______________ $6,327,269.50

Liabilities
Capital stock ----------$ 100,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
8,120.81
Reserves ____________ _
40,000.00 ,
Demand deposits ______ _ 4,909,020.33
Time deposits _________ _ 559,436.54
U. S. Gov't d~posits ____ _ 337,543.02
Public funds __________ _ 287,816.25
Deposits of banks ______ _
35,332.55
Total dep, ___ $6,12.9,148.69
Total _______________ $6,327,269.50

30

State of Arkansas: Bank Department

1.,

~~

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1

CITIZENS BANK, CARLISLE
Population, 1,080.

Lonoke County

Chartered December 22, 1930.

Officers
.
.Ji!. L. CrandfflL ____________ Pres1dent

Transit Number 81-689

/4A.

. Dire~s
)
W. Birdsong
,J. M. ,Johnson
; ' E. L. Morris_,.
. E. Downs, Jr.
7p--1J,,'I.,,' /..,._.,~

✓- A. H. Hunt_ __________ Vice President~ L. OrantHIY

✓

\

J. L. Woosley _______________ Cashier

✓ Miss Mary Burnett_ ____ Asst. Cashier

~

H

FM

·L. ·
..

·
~,.

___,

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 27,663.21
U. S. Gov't obligations __ 978,300.00
Other bonds and securities
5,741.74
Furniture and fixtures __
1.00
Banking house ________ _
2,000.00
Cash and due from banks 311,211.70

Liabilities
Capital stock __________ $ 25,000.00
Surplus fund _________ _
15,000.00
Undivided profits _____ _
21,991.58
Demand deposits ______ _ 1,101,361.69
U. S. Gov't deposits ____ _
74,943.80
Public funds __________ _
86,620.58
Total dep. ___ $1,2.62,926.07

Total _______________ $1,324,917.65

Total _______________ $1,324,917.65

BANK OF CA VE CITY, CA VE CITY
Population, 427.
Chartered July 2, 1906.

Sharp County
Transit Number 81-310

✓

Officers
.
Diu:etors
. Eagle Street ______________ President~ J. A. Carpenter /Eagle Street
✓' Mrs. J. M. Street_ _____ Vice President ~J. L. Lewsaw
. / Mrs. J. M. Street
v , J. L. Lewsaw _______________ Cashier
✓ W. S. Kendall, Jr. ______ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 60,2.54.46
Overdrafts _ ____________
183.02
U. S. Gov't obligations ____ 395,065.98
Other bonds and securities
1,000.00
Furniture and fixtures____
100.00
Banking house __________
500.00
Cash and due from banks __ 143,754.08

Liabilities
Capital stock* -----------$ 15,000.00
Surplus fund ___________ _
5,000.00
Unaivided profits _______ _
4,056.68
Demand deposits _______ _ 553,919.27
U. S. Gov't deposits _____ _ 11,906.25
Public funds ___________ _ 10,975.34
Total deposits--$576,800.86

Total _ ---------------$600,857.54

Total ________________ $600,857.54

• First preferred stock with par value of $5,000.00 and common stock with par value of $10.000.00.

(J

Thirty-First Report

'f{j!,J '),'I(

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31

AMERICAN STATE BANK, CHARLESTON
Population, 958.

Franklin County

Chartered June 29, 1910.

Transit Number 81-268

✓

Officers
V:
Dir~rs
~ - H. Hiatt_ ______________ President .,.,c. H. Hiatt
·
B. H. McDonald
,. )3. H. McDonald _______ Vice President
Clyde Hiatt
~Loud Sicard
✓ CJyde Hiatt_ ________________ Cashier
~- E . .fettorr- ~ Sam B. Stevinson
v1t. E. Shumate _________ Asst. Cashier ',,,
··~

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 239,729.42
Loans on commodities __ _
21,945.98
Overdrafts ___________ _
1,582.04
U, S. Gov't obligations __ 592,900.00
Other bonds and securities
27,852.94
Furniture and fixtures __
1.00
Banking house ________ _
2,500.00
Cash and due from banks 455,962.17
Other resources _______ _
1.00

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
21,203.35
Reserves ____________ _
1,000.00
Demand deposits ______ _ 1,070,766.18
Time deposits _________ _
44,906.45
U. S. Gov't deposits ____ _ 110,472.25
Public funds __________ _
44,126.32
Total dep. ___ $1,270,271.20

Total _ --------------$1,342,474.55

Total _______________ $1,342,474.55

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

Cross County
Transit Number 81-313

,
.
Officers
.
v
.
Dir~s
\/ R. Eh Halk _______________ Pres1dent J:· Eh Halk
W. M. Smith
✓ W. M. Smith __________ Vice President v.t1. P. Maddox
./T. J. Pickett ________________ Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 94,583.34
Loans on commodities____ 40,180.75
U. S. Gov't obligations ____ 147,960.00
Furniture and fixtures____
1.-00
Banking house __________
500.00
Cash and due from banks __ 256,951.56

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund ____________ 20,000.00
Undivided profits ________
1,693.32
Demand deposits ________ 461,989.56
U. S. Gov't deposits______
5,625.00
Public funds ____________ 40,868.77
Total deposits __ $508,483.33

Total _ -:---------------$540,176.65

Total ________________ $540,176.65

32

State of Arkansas: Bank Department

~

. \ \ ·· ,
()

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

Ouachita County
Transit Number 81-3~4

/

/

Offic~rs
_
Di~rs
G. Rushing ____________ President ___,,.T. H. Benton
/W. C. Stinne t
//'.!'· H. Be:nton __________ V~ce Pres!dent -C. B: Clingan_ ,./Beulah R. T !or
✓.,,C. B. Clmgan _________ Vice President ~!he E. Purifoy
J. T. Walker
✓ W. C. Stinnett_ ______________ Cashier ~ - G. Rushing
✓

.
../

;w.

:J.:. FluRf{/ Le- e:

F!-~-l 1' rlSTATEMENT
ti T j,,.:,J:-j , /
OF JUNE 30, 1945
1

Resources
Loans and discounts ______ $ 34,637.12
Overdrafts _ ____________
9•4.87
U. S. Gov't obligations ____ 184,520.00
Other bonds and securities 11,420.00
Furniture and fixtures____
1,100.00
Banking house ----~----800.00
Other real estate_________
1.00
Cash and due from banks_ 284,635.15
Total ________________ $517,208.14

Liabilities
Capital stock ------------$ rn,o
Surplus fund ___________ _
8,0
Undivided profits _______ _
3,1
Demand deposits _______ _ 463,0
Time deposits __________ _
6,5
U. S. Gov't deposits _____ _ 18,3
Public funds ___________ _
8,1
Total deposits __ $496,049.85

o.oo

0.00
8.29
6.51
0.00
7.00
6.34

Total ________________ $517,208.14

Tis

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erl'fTHE MERCHANTS AND PLANTERS BANK, CLARENDON
Population, 2,551.

.

Chartered July 23, 1890.

Monroe County
Transit Number 81-164

Officers
~
Directors .
Dean ________________ President
H. B. Bateman ✓9:-?· Doss
--~+.-.~-,et1,n __________ Vice President
liii a; Bob~~
2cet6i,
. H. Brown ____ V. Pres. and Cashier vW'. H. Brown
✓J. F. Wolfe
l. H. 6ttHrottn _________ ~,;5st. Cashier vS. J. Dean
'.,( 1-/ {.
J/111 Ff NI e(;; - - /
c I I• I • .,
.
STATEMENT OF JUNE 30, 1945

t,;A!ill

::r

Resources
Loans and discounts ______ $ 73,710.44
Loans on commodities____ 87,900.00
Overdrafts _ ____________
183.06
U. S. Gov't obligations ____ 418,393.00
Other bonds and securities 48,628.11
Furniture and fixtures____
1,000.00
Banking house __________
7,000.00
Cash and due from banks_ 265,594.79

-w rr-::·J•

Liabilities
Capital stock ------------$ 50,000.00
Surplus fund ___________ _ 15,000.00
Undivided profits _______ _ 11,880.73
Reserves ______________ _
3,400.00
Demand deposits _______ _ 674,369.79
Time deposits __________ _ 45,841.45
Public funds ___________ _ 101,917.43
Total deposits--$822,128.67

Thirty-First Report

z

33

•

THE CORNING BANK, CORNING
Population, 1,619.

Clay County

Chartered January 29, 1931.

'--Officers
E. Vandover ______________ President
G. A. Lamb _______ V. Pres. & Cashier

Transit Number 81-211
L. G.
M. G.
G.A.
H. N.

Directors
Black
Joseph Sellmeyer
Hoffman
Mrs. F. B. Sprague
Lamb
S. Talkington
Ratcliffe
E. Vandover

STATEMENT OF ,JUNE 30, 1945

Resources
Loans and discounts ____ $ 537,529.57
Loans on commodities __ _
90,781.84
U. S. Gov't obligations __ 319,500.0-0
20,629.58
Other bonds and securities
Furniture and fixtures __
1.00
Banking house ________ _
6,500.00
Cash and due from banks 1,007,522.37

Liabilities
Capital stock ----------$ 37,500.00
Surplus fund _________ _
25,000,.00
Undivided profits _____ _
32,467.45
Demand deposits ______ _ 1,446,714.74
Time deposits _________ _ 117,595.34
U. S. Gov't_ deposits ____ _ 149,861.71
Public funds __________ _ 173,325.12
Total dep. ___ $1,887,496.91

Total _______________ $1,982,464.36

Total _______________ $1,982,464.36

BANK OF CROSSETT, CROSSETT
Population, 4,891.

Ashley County

Chartered December 22, 1913.

Transit Number 81-321

Officers
Directors
,,- E. C. Crossett_ ____________ President 1 ,E. C. Crossett ...-William C. Norman
o1 .P. F. Watzek _________ Vice President ,,- Roy Dooley
.,---"P. F. Watzek
✓ Roy Dooley ________________ Cashier ....,K. 0. Elderkin• S. A. Wilcoxon
.,- C. E. Hannum __________ Asst. Cashier
STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 116,512.54
Overdrafts _ ___________
27.92
U. S. Gov't obligations __ 1,587,829.57
Other bonds and securities
69,886.25
Furniture and fixtures__
2,093.61
Other real estate_______
1.00
Cash and due from banks 463,492.26
Other resources ________
6.00

Liabilities
Capital stock __________ $ 50,000.00
Surplus fund __________ _
50,000.0-0
Undivided profits _____ _
37,090.86
Demand deposits ______ _ 1,495,209.08
Time deposits ________ _ 527,351.76
U. S. Gov't deposits ____ _
8,861.18
Public funds __________ _
67,346.08
Total dep. ___ $2,098,768.10
Other liabilities _______ _

Total _______________ $2,239,849.15

3,990.19

Total _______________ $2,239,849.15

34

State of Arkansas: Bank Department

x<v

\ -1,.

/

it'\\ I'

DANVILLE STATE BANK, DANVILLE

/

Population, 1,010.

I

L

Chartered October 3, 1930.

Yell County
Transit Number 81-700

.
..,/s
.
Dir~o~s .
.
. Officers
<;;hambe1s _____________ Pres~dent /S. Bondi
t, _Jim Bill Gathn
Neil Sims ____________ Vice President.- J. E. Chambers ,, · _J. W. Hull
/
✓ Jim Bill Gatlin ______________ Cashier ,_;John Ed Chamber~Neil Sims
r
✓ J. F. Nunn _____________ Asst. Cashier
1
1
5eJ../vi ,,:;; ..(e. GrtT/.11v
1
/
.
STATEMENT OF JUNE 30, 1945
✓

.

Resources
Loans and discounts ______ $ 40,683.30
Loans on commodities____ 10,60·3.64
U. S. Gov't obligations ____ 301,243.91
Other bonds and securities 31,157.49
Furniture and fixtures____
1.00
Banking house __________
1.00
Cash and due from banks __ 242,072.29
Other resources _________
1.00

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 11,000.00
Undivided profits ________
8,481.35
Reserves _ ______________
2,0-00.00
Demand deposits ________ 496,197.84
Public funds ____________ 83,084.44
Total deposits--$579,282.28

Total ________________ $625,763.63

Total ________________ $625,763.63

2

.)

BANK OF DARDANELLE, DARDANELLE
Population, 1,807.

Yell County

Chartered September 12, 1934.
Officers
Thos. V. Jones _____________ President
A. S. McCray _________ Vice President
P-1'\lbe!L ft:01ex _______________ Cashier
Geraldine Waid ________ Asst. Cashier
Edweuina Hughes _____ Asst. Cashier

9ritr'-l11YD

Transit Number 81-599

C. R. George
Garrett Jones

Directors
Thos. V. Jones
A. S. McCray

7J. N
tCt/cJ--.5
STATEMENT OF JUNE 30, 1945

Resources
·Loans and discounts ______ $ 91.163.85
Loans on commodities ___ _ 67,241.39
U. S. Gov't obligations ___ _ 57,000.00
512.37
Other bonds and securities
Furniture and fixtures ___ _
1.00
Cash ana due from banks __ 531,744.53
Other resources ________ _
1.00

Liabilities
Capital stock ____________ $ 2.5,00-0.00
Surplus fund ____________ 10,000.00
Undivided profits ________ 11,180.45
Demand deposits ________ 605,132.39
Time deposits ___________
362.19
U.S. Gov't deposits______ 56,317.16
Public funds ------------ 39,671.95
Total deposits--$701,483.69

Total ________________ $747,664.14

Total ________________ $747,664.14

I'

Thirty-Pirst Report

35

BANK OF DELIGHT, DELIGHT

Population, 481.
Chartered June 16, 1911.
/

.

Pike County
Transit Number 81-326

Officers
.
Dir~tors ,
.
. E. Johnson _____________ Pres1dent ~- C. Humphry • .C. E. Reid
rank Reid ___________ Vice PresidE:nt l"'c. E. Johnson
,/Frank Reid
D. C. Humphry _____________ cash1er ~-. M. May
li11>a Mac Wftitt!T _______ Asst. Cashier

J.,,(.~'.~ :.,7 I~

-,

:lo h ti:: C1 ,1v

~

·

, -

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 35,977.95
Overdrafts _ ____________
80.26
U. S. Gov't obligations ____ 203,108.24
Other bonds and securities
2,453.50
Furniture and fixtures____
1.00
Banking house ___________
1.00
Other real estate_________
2.00
Cash and due from banks __ 298,574.84

Liabilities
Capital stock ____________ $ 22,500.00
Surplus fund ___________ _
5,000.00
Undivided profits _______ _
2,434.47
Reserves ______________ _
1.250.00
Demand deposits _______ _ 497,324.09
Time deposits __________ _
41Q..80
Public funds ___________ _ 11,279.43
Total deposits __ $509,014.32

Total ________________ $540.198.79

Total ________________ $540,198.79

DERMOTT STATE BANK, DERMOTT

Population, 3,083.
Chartered July 8, 1935.

Chicot County
Transit Number 81-720

Officers
r,..--'"
Direct_9.rs
Baxter ______________ President J:phn Baxter
~ - E. Lephiew
.,,JG. C. Johnston ____ V. Pres. :i SN~ .. ~G. C. Johnston
Clarence Horton ______ ,.A,11•••Cashier

✓John

✓':l~"'~ise; ~~-Vd~J~~t.

Ca~~ier

.

v&(' +ff At,/ IV Ji:; I/ /:f Jl ATiMENT OF JUNE 30, 1945
.
R esources e,.
Loans and discounts _____ $ 203.376.89
Loans on commodities___ 136,006.40
U. S. Gov't obligations __ 1,108,500.00
Other bonds and securities
10,500.00
Furniture and fixtures__
750.00
Banking house _________
1.750.00
Cash and due from banks 384,521.18

L.ia b·1·.
1 1ties
Capital stock ----------$ 25,000.00
Surplus fund __________ _
50,000.00
Undivided profits _____ _
17,959.05
Demand deposits ______ _ 1,103,934.77
Time deposits ________ _ 197,358.30
U.S. Gov't deposits ____ _ 249,113.62
Public funds __________ _ 202,038.73
Total dep. ___ $1,752,445.42

Total _______________ $1,845,404.47

Total _______________ $1,845,404.47

State of Arkansas: Bank Department

36

FARMERS AND MERCHANTS BANK, DES AR:C
Population, 1,410.

( ·,. ...._

Prairie County

Chartered January 20, 1902.

~

Transit Number 81-233

i(
Officers
v
D~rs
--k: L. Erwin-:'______________ President L. R. Brown
Henry Nichols
✓.,Henry Nichols--,;,----~Pi:esident
L. Elrniu
✓ J;y·R. B~own ___ .y_E~L~.:: __ ~Cash~er
S,fi. (\I I ( ~ O LS
._/N. R. Kirkwood ________ Asst. Cashier
.
·

A·

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $194,623.49
Loans on commodities ____ 205,399.96
Overdrafts _ ____________
35.48
U. S. Gov't obligations ____ 175,300.00
Other bonds and securities
4,767.04
Furniture and fixtures____
297.74
Banking house _ _
1.00
Other re.il estate_________
1.00
Cash and due from banks __ 209,126.03

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ___________ _ 10,000.00
Undivided profits _______ _ 10,417.83
Reserves ______________ _ 20,747.89
Demand deposits _______ _ 621,542.45
Time deposits __________ _ 33,850.63
Public funds ___________ _ 67,992.94
Total deposits __ 8723,386.02

Total ________________ S789,551.74

Total ________________ 8789,551.74

DeWITT BANK AND TRUST COMPANY, DeWITT
•-"
/.

Population, 2,498.
Chartered March 1, 1929.

Arkansas County
Transit Number 81-245

V'fu..

Officers
..,./.
Dir~ors
F. Schallhorn __________ Presid~nt A. G. Bauer
.,,,.;w. F. Schallhorn
R.H. Maddox _____ v. Pres. & Cashier ..-G. W. Hall
C. L. Whitmore
• ~151!! Alr,ha Whi~fflfil'(i..._Asst. Cashier ...R. H. Maddox
..-'F. A. Trice ___ ;:--~-----Asst. Cashier

,;,,.-:,v.
(
V

Tu/,. t ll/V t:f.r~v '(-/ /,
1

''

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 425,162.48
Loans on commodities __ _
3,100.00
U. S. Gov't obligations __ 476,800.00
Other bonds and securities 199,895.00
1.00
Furniture and fixtures __
Banking house ________ _
6,000.00
Other real estate ______ _
1.00
Cash and due from banks 2,012,533.20
Other resources _______ _
1.00

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
64,874.82
Demand deposits ______ _ 2,483,659.63
Time deposits _________ _ 192,162.55
U. S. Gov't deposits ___ _ 154,491.21
Public funds __________ _ 128,305.47
Total dep. ___ $2,958,618.86

Total _______________ $3,123,493.68

Total _______________ $3,123,493.68

37

Thirty-First Revort

BANK OF DIERKS, DIERKS
Population, 1,459.

Howard County

Chartered February 7, 1906 .. Transit Number 81-328

{

~

Officers
✓
Dir~ors
Y"Kewis M. Layer ____________ President /2ewis M. Layer ✓ ~Westbrook
✓T: F. Westbrook __ V. Pres. & Cashier Lyda M. Layer / T. F. Westbrook
.,,.Mrs. Opal Simmington __ Asst. Cashie1

j}.L ·

/4

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 39,921.76
U. S. Gov't obligations ____ 300,000.00
Furniture arid fixtures____
1,00,0.00
Banking house ___________
2,000.00
Other real estate_________
1.00
Cash and due from banks __ 284,786.67

Liabilities
Capital stock* -----------$ 25,000.0-0
Undivided profits _______ _ 3,690.09
Reserves ______________ _
3,992.70
Demand deposits _______ _ 581,320.97
Time deposits __________ _
2,482.18
Public funds ___________ _ 11,223.49
Total deposits __ $595,026.64

Total ________________ $627,709.43

Total ________________ $627,709.43

*First preferred stock with par value of $15,000.00 and common stock with par value of $10,000.00.

BANK OF DOVER, DOVER
Population, 493.

Pope County

Chartered September 29, 1905.

Transit Number 81-329

Officers
Directors
John E. Moore ____________ President
T. C. Campbell
S. F. McCain
John E. Moore
T. C. Campbell_ _______ Vice President L. J. Churchill
M1a~! 7T 1slt::@HSli~---·Cashier --.J ]II[, Lk~n
J.M. Wait
d ,1 • .:.:>,
, •
Mrs :X M t l..wellyn
f(.,, 'i,t'f
'
V ),f\
~ . •· .,
,.
STATEMENT OF J U ~
;~
Resources
Loans and discounts ______ $ 80,516.51
Overdrafts ____________ _
25.61
U. S. Gov't obligations ___ _ 205,100.00
4,379.25
Other bonds and securities
Furniture and fixtures ___ _
500.00
Banking house _________ _
4,300.00
Cash and due from banks __ 144,419.54

Liabilities
Capital stock* -----------$ 27,500.00
Surplus fund ____________
5,000.00
Undivided profits ________
4,041.40
Demand deposits ________ 381,473.70
Public funds ____________ 21,225.81
Total deposits_ -$402,699.51

Total ________________ $439,240.91

Total _ ---------------$439,240.91

*First preferred stock with par value of $6,500.00 and common stock with par value of $21,000.00.

State of Arkansas: Bank Department

38

MERCHANTS AND FARMERS BANK, DUMAS
Population, 2,323.

Desha County

Chartered May rn, 1909.

Transit Number 81-330

~·
Officers
~
Directors
. / ~ay Maxwell _____________ President J. E. Allmon
vft. A. Pickens
,
Walton H. Rice ___ Executive V. Pres.YR. F. Cox
"'n. 0. Porter
/
.luai,ita Stcphe~efl -----~Cashier"4'ack Stiel Dante \,,·O. L. Puryear
r c. G.11 Ntl if w
,,.--I
VRay Maxwell
✓Walton H. Rice
.L~ '-It'"· \
•
~
, r;J [ID
;l(',/ ( "'3'oe Lee McKennoif' Lamar Williamson
/4 !,/ II r-f I\ ov,l 1.- I ·. STATEMENT OF JUNE 30, 1945

r ., . ·;

,en;

<:Ju

Resources
Loans and discounts _____ $
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house _______ _
Cash and due from banks
Other resources ______ _

167,506.81
826,000.00
164,033.77
2,50.0.00
6,500.00
651,007.69
5,890.48

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund __________ _
40,000.00
Undivided profits _____ _
35,405.03
2,000.00
Reserves_-----------Demand deposits ______ _ 1,169,929.20
Time deposits _________ _ 179,920.15
U. S. Gov't deposits ____ _ 144,118.56
Public funds __________ _ 197,065.81
Deposits of banks ______ _
5,000.00
Total dep. ___ $1,696,033.72

Total _ --------------$1,823,438.75

~

:

1
/

·'

'

\

.1'

Total _______________ $1,823,438.75

·...:

/

,

THE EXCHANGE BANK AND TRUST COMP ANY, EL DORADO
Population, 15,858.
Chartered August 12, 1933.

Union County
Transit Number 81-668

✓
Officers
Dire~s
~uis E. Hurley ___________ President ~ - N. Barton
~.. R. James
,C. N. Barton __________ Vice President v-H. Barton
E. Meinert
✓D. R. James __________ Vice President v.fohn H. Ellis
Chas. H. Proetz
✓ H. B. Axum _________________ Cashier v-1,ouis E. Hurley
V. E. Lawton __________ Asst. Cashier

/4

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 402,163.30
U. S. Gov't obligations __ 2,312,515.10
Other bonds and securities 160,695.04
Furniture and fixtures__
2,977.01
Cash and due from banks 2,131,638.19

Liabilities
Capital stock ----------$ 100,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
43,475.73
Reserves ____________ _
3,872.10
Demand deposits ______ _ 3,662,969.67
Time deposits ________ _ 168,036.06
U. S. Gov't deposits ____ _ 733,050.54
Public funds __________ _ 224,425.15
Deposits of banks ______ _
24,159.39
Total dep. --$4,812,640.81

Total _ --------------$51 009,988.64

Total _______________ $5,009,988.64

Thirty-First Report

39

1
'1/' Pop:l~::.:~n:: :~nty
/l-'\/

I

Chartered June 1, 1912.

Transit Number 81-506

..,,,;:
Officers
~
Dire~s
~ Jfoe Stokenbury ___________ President
~ E. Bunch
~ o e Stokenbury
/.Clyde West_ __________ Vice President ✓J. C. Reed
Clyde West
✓}! E. Bunch _________________ Cashier .,-it. P. Stokenbury
/Oscar West_ ___________ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Liabilities
Capital stock* -----------$ 25,000.00
Surplus fund ___________ _
6,000.00
Undivided profits _______ _
1,341.07
2,500.00
Reserves _ ----------·---Demand deposits _______ _ 571,352.36
Time deposits __________ _ 171,311.65
U. S. Gov't deposits _____ _ 48,433.63.
Public funds ___________ _ 26,200.85 .
Total deposits--$817,298.49

Resources
Loans and discounts ______ $ 98,951.40
U. S. Gov't obligations ____ 383,800.00
Furniture and fixtures____
643.00
Banking house __________
355.00
Other real estate_________
1.00
Cash and due from banks __ 368,389.16

Total ________________ $852,139.56

Total ________________ $852,139.56

*First preferred stock with par value of $6,000.00 and common stock with par value of $19,000.00.

(Y,::~·
k'

✓
R'

BANK OF ENGLAND, ENGLAND
Population, 2.027.

Chartered August 23, 1898.
Officers

.

A. CarlLee _____________ Pres1dent

Lonoke County
Transit N1!mber ~1,;,21~. 1/

~~1
f( 80 Me1m-s'· I'_.".
•
E. A. CarlLee
B. F. Murchison
i.-,,·

B. F. Murchison _______ Vice President vrl. P. Mashburn, Jr.
P: ~fttst1barn;":Jf. __________ Cash!er .
~~en mtHweU:. __ -:....:.:... _____ Asst, Cashier.

A

vSU::J....

f j ~ Jtv"'Ctw j.,).J-✓
H.P. l3'e t-1--~ ~N'17fl)F JUNE 30, 1945

Resources
Loans and discounts ______ $244,042.78
Loans on commodities____ 27,239.91
U. S. Gov't obligations ____ 231,364.25
Other bonds and securities
313.05
Furniture and fixtures____
550.00,
Banking house ---------5,000.00
Other real estate_________
1.00
Cash and due from banks __ 391,705.26
Other resources _________
1.00

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 40,000.00
Undivided profits ________ 32,982.79
Demand deposits ________ 718,179.65
Time deposits ___________ 22,781.72
Public funds ____________ 61,273.09
Total deposits __ $802,234.46

Total _ ---------------$900,217.25

Total ________________ $900,217.25

State of Arkansas: Bank Department

40

{,,.· ~ j \ . , ·/

I

THE CITIZENS BANK, ENGLAND

Population, 2,027.

J

Lonoke County

Chartered January 14, 1931.

Transit Number 81-492

Officers
/
Directors
✓ Ben B. Morris _____________ President
W,; G. Cunning
• Lois Rutherford
✓ "!,.ms Rutherford ___ V. Pres. & Cashier V'.Ben B. Morris
,,,,,-J. E. Swaim
._./J. 0. DuPree __________ Asst. Cashier
/

STATEMENT OF JUNE 30, 1945
164,079.85
101,234.65
592,600.00
1.00
1.00
4,00
209,943.63
1.00

Liabilities
Capital stock ----------$ 30,000.00
Surplus fund __________ _
30,000.00
Undivided profits _____ _
17,643.54
15,768.61
Reserves _ ------------Demand deposits ______ _ 776,390.18
Time deposits ________ _
12,020.36
U. S. Gov't deposits ____ _
98,2.77.0©
Public funds __________ _
84,765.44
Total dep, ___ $ 971,453.48

Total _______________ $1,067,865.13

Total _______________ $1,067,865.13

Resources
Loans and discounts _____ $
Loans on commodities __ _
U. S. Gov't obligations __
Furniture and fixtures __
Banking house ________ _
Other real estate ______ _
Cash and due from banks
Other resources _______ _

THE EUDORA BANK, EUDORA

Population, 1,808.

Chicot County

Chartered December 23, 1930.

_

~

; I/

Transit Number 81-334

/
Officers
V.
Directors
/W, W. Grubbs _____________ President ~ - G. Anderson
v/W. W. Grubbs
.. JZ,: B. Bowman ________ Vice PresidE;nt ,..,./c. B. Bowman
~ M. McLeod
/Sam Bowman
___________ Cashier
Sam Bowman
AI. F. Scott
J\11 ¥ti Ju:+w:rlfg:rtamt:-Asst. Cashier v'E. T. Cashion
✓ R. T. Stephenson

,
I /. 1 I

1"°; /IC

l,-,j / (

l- ' ~, '~· ·'

1,s

',

·.

STATEMENT OF JUNE 30 1945

'

'

Resources
Loans and discounts _____ $
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Cash and due from banks

116,882.14
8,371.74
623,200.00
112,422.36
1.00
5,500.00
597,572.42

Total _ --------------$1,463,949.66

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
25,777.06
Reserves _____________ _
5,000.00
Demand deposits ______ _ 908,425.28
Time deposits _________ _ 184,402.97
U. S. Gov't deposits ____ _ 171,735.99
Public funds __________ _
88,608.36
Deposits of banks ______ _
5,000.00
Total dep, ___ $1,358,172.60

Total _ --------------$1,463,949.66

Thirty-First Report

41

BANK OF EUREKA SPRINGS, EUREKA SPRINGS

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

_

Officers

.C. A. Fuller _______________ President

Carroll County
Transit Number 81-472

~

,Ray Freeman

V ~Y Freeman _________ Vice President "C. A. Fuller
',./4). Simpson _________________ Cashier y-J. F. John

Dire4lt0rs
L. G. Roark
....-D. Simpson
vR. R. Thompson

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $104,299.77
Overdrafts _ _____________
12.37
U. S. Gov't obligations ____ 340,568.66
Other bonds and securities 16,253.00
Furniture and fixtures____
1,500.00
Other real estate_________
1.00
Cash and due from banks __ 333,319.35

Liabilities
Capital stock* -----------$ 30,000.00
Surplus fund ------------ 10,000.00
Undivided profits ________
5,500.32
Reserves _ ______________
900.00
Demand deposits ________ 478,333.92
Time deposits ___________ 135,984.46
U. S. Gov't deposits______ 79,265.69
Public funds ____________ 55,969.76
Total deposits __ $749,553.83

Total ________________ $795,954.15

Total ________________ $795,954.15

.

'''First preferred stock with par value of $5,000.00 al)d common stock with par value of $25,000.00.

BANK OF EVENING S~ADE, EVENING SHADE

Population, 347.
Chartered February 5, 1901.

Sharp County
Transit Number 81-336

✓,..-Officers
~D~tors
·}; 0. Laman _______________ President ~ o Cathey
E, B. Metcalf
✓~to Cathey __________ Vice President - ¥M. Causbie ....-0. S. Westmoreland
_;;,f· B. Metcalf_ ______________ Cashier ✓J. 0. Laman
J. B. Metcalf_ ___________ Asst. Cashier
•
,' • ' t
~

STATEMENT OF JUNE 30, 1945

.

Resources
Loans and discounts ______ $ 21,235.19
U. S. Gov't obligations ____ 150,000.00
Other bonds and securities
239.56
Furniture and fixtures____
1.00
Banking house ~--------1.00
Cash and due from banks __ 275,233.21

"

Other liabilities _________
Total _ ---------------$446,709.96

.

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund ___________ _ 8,000.00
Undivided profits _______ _
1,165.47
Demand deposits _______ _ 370,924.69
Time deposits __________ _
3.00
Public funds ___________ _ 56,592.84
Total deposits __ $427,520.53
23.96

Total _ ---------------$446,70,9.96

State of Arkansas: Bank Departnient

42

MclLROY BANK, FAYETTEVILLE
Population, 8,212.

Washington County

Chartered December 24, 189,2.

*

Officers
Hayden Mcilroy __________ President
James H. Kays ____ V. P. Trust Officer
Berry Vaughan _______ Vice President
J.B. McConnell__ V. Pres. & Secretary
I. T. Bain___
Vice f'1es. & Ottsk~
Eleanor Sheppard ______ Asst. Cashier

Transit Number 81-87

Directors
George Melbourn
R. D. Bogart
Herbert L. Thomas
Med Cashion
Berry Vaughan
J. K. Gregory
Clifton Wade
James H. Kays
Marion vVasson
J. B. McConnell
Hayden Mcllroy
W. C. Whitfield

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $1,083,715.86
Loans on commodities___
40,484.20
Overdrafts _ __________
561.18
U. S. Gov't obligations __ 1,742,143.11
Other bonds and securities 308,827.54
Furniture and fixtures__
6,650.74
Banking house _________
18,9'73.84
Other real estate_______
4.00
Cash and due from banks 3,380,613.57
Other resources ________
2,915.72

Liabilities
Capital stock ----------$ 100,000.00
Surplus fund _________ _ 100,000.00
Undivided profits _____ _
28,144.09
74,034.79
Reserves_-----------Demand deposits ______ _ 3,615,206.94
Time deposits _________ _ 697,722.99
U. S. Gov't deposits ____ _ 989,790.56
Public funds __________ _ 588,773.45
Deposits of banks ______ _ 391,216.94
Total dep. ___ $6,282, 710.88

Total _ --------------$6,584,889.76

Total _______________ $6,584,889.76

i

FORDYCE BANK AND TRUST COMP ANY, FORDYCE
Population, 3,429.
Chartered January 5, 1931.

Dallas County
Transit Number 81-127

/
Officers
.
, / ~µv_ei'L/
Dire~rs
~ - L. TrusselL ____________ Pres1dent • ~ Anthony
W. D. Stell, Jr.
~ - F. Sturgis---w.~ Vice President v'E. C. Benton
"". C. F. Sturgis
. Benton ____·.J.~.1______ '1a111ii~ ~- B. Benton
V' L. L. Trussell
M. S. Smith _______ As_~t. Cashier ~- E. Dedman
"' S. A. Williams
''t,,l/,.·V/2,"'ll7r t.f!Ji•t" /.,,.,, B. A. Mayhew
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ -$ 138,172.80
Loans on commodities___
10,900.00
Overdrafts _ __________
271.97
U. S. Gov't obligations __ 1,212,475.00
Other bonds and securities 280,403.62
Furniture and fixtures__
2,000.00
Banking house _________
7,500.00
Cash and due from banks 1,287,417.92

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
31,155.11
Reserves ____________ _
619.39
Demand deposits ______ _ 1,967,172.37
Time deposits _________ _ 395,238.28
U. S. Gov't deposits ____ _ 273,837.75
Public funds __________ _ 150,424.14
Deposits of banks ______ _
20,694.27
Total dep. ___ $2,807,366.81

Total _______________ $2,939,141.31

Total _______________ $2,939,141.31

Thirty-First Report

43

AND TRUST COMP ANY, FORREST CITY

Population, 5,699.

St. Francis County

Chartered April 15, 1921.
Officers
S. J. Dean _________________ President
J. B. Fletcher _____ Executive V. Pres.
C. T. Doss ____________ Vice President
\l~.J, 8@reeton -·- ___ !,_ __ Vice President
C. N. Haven ________________ Cashier
G. B. Fogg ____________ Asst. Cashier
C. C. Aycock __________ Asst. Cashier
Dione Kennedy _________ Asst. Cashier

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

Directors
H. W. Gregory
C. N. Haven
L. F. Haven, Sr.
Mrs. H. B. Robinson
J. J. Screeton
Sam Sharpe
Bert Sulcer
James F. Wolfe

STATEMENT OF JUNE 30, 1945

.

Resources
Loans and discounts _____ $ 688.537.41
Loans on commodities ___ 1,500,815.67
Overdrafts _ ___________
623.57
U. S. Gov't obligations__ 895,353.54
Other bonds and securities 173,423.07
Furniture and fixtures__
4,865.00
Banking house _________
16,200.00
Other real estate_______
14,500.00
Cash and due from banks 734,581.53
Other resources ________
1,000.00

Liabilities
Capital stock ----------$ 100,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
17,545.33
2,347.51
Reserves_-----------Demand deposits ______ _ 2,421,096.37
Time deposits _________ _ 462,769.29
U. S. Gov't deposits ____ _ 343,723.46
Public funds __________ _ 355,500.68
Deposits of banks ______ _ 301,917.15
Total dep. ___ $3,885,006.95

Total _______________ $4,029,899.79

Total _ --------------$4,029,899.79

?
'
ARKANSAS VALLEY TRUST
COMP ANY, FORT SMITH
(Not engaged in commercial banking)
Population, 36,584.

Sebastian County

Chartered February 12, 1M6.
Officers
Frank W. Youmans ________ President
Byron Williams _______ Vice President
Leon E. Werntz _______ Vice President
Mrs. Walter T. Gosman __ Sec'y-Treas.
& Asst. Tr. Officer
Evangel Tatum ______ Asst. Secretary

Transit Number 81-571

Directors
Harry P. Daily
Jerome Ney
S. Birnie Harper
R. J. Speer
Dr. E. C. Moulton Leon E. Werntz
Dr. H. Moulton
Byron Williams

STATEMENT OF JUNE 30, 1945

.

Resources
Loans and discounts ______ $111,655.0l
Other bonds and securities 25,075.00
Furniture and fixtures____
9,479.58
Banking house __________ 40,267.11
Other real estate_________
250.00
Cash and due from banks__ 94,543.41
Other resources _________ 117,559.28

Liabilities
Capital stock ____________ $150,000.00
Surplus fund ____________ 27,900.00
Undivided profits ________ 24,463.06
Reserves _ ______________ 15,966.51
Other liabilities _________ 180,499.82

Total ________________ $398,829.39

Total _ ---------------$398,829.39

State of Arkansas: Bank Department

44

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

Izard County
Transit Number 81-338

Directors
Officers
/
1----sallie M. Simpson
✓w. A. Gaston _____________ President /yerry S. Box
/ J . W. Cooksey ________ Vice President J. W. Cooksey
~ Standerford
q;eHe 8tt.!l!ot!" _____ ._________ Cashier ✓ W. A. Gaston ,/ 1'( ,M,,

J~~i9i;A;klf~ d

Es-refle

GF,ST4 N

~~~e-•

'~~ fuNE 30, 1945

Resources
Loans and discounts ______ $
Loans on commodities____
Overdrafts _ ____________
U. S. Gov't obligations____
Other bonds and securities
Furniture and fixtures____
Banking house __________
Cash and due from banks__

28,947.69
12,900.00
85.56
95,350.00
1,293.02
1.00
1.00
77,019.12

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund ___________ _
2,500.00
Undivided profits _______ _
2,308.80
Demand deposits _______ _ 169,238.58
U. S. Gov't deposits _____ _ 21,425.00
Public funds ___________ _ 10,125.01
Total deposits __ $200,788.59
Total ________________ $215,597.39

Total ________________ $215,597.39

BANK OF GLENWOOD, GLENWOOD
Population, 854.

Pike County

Chartered December 27, 1912.

✓

Transit Number 81-343

..
Directors
..,,,,:;
Officers
John ~olden _______________ Pres!dent ~- W. Brakefield ./W. A. O'Neal
✓ J. L. Pmkerton ________ Vice Pres1d~nt
C:· R. Cantrell v Rufus ~- Paslay
/Rufus B. Paslay _____________ Cash1er ....John Golden
,, J. L. Pmkerton
., Doris Hutchings ________ Asst. Cashier vG. S. Linsley

.Lou 1

5

-.,,

e LJ,c:/v, .S

sTl~EM~NT oF JUNE 30, 1945

Resources
Loans and discounts ______ $152,669.09
Overdrafts _ ____________
.50
U. S. Gov't obligations ____ 205,900.00
Furniture and fixtures____
1,237.20
Banking house __________
1,041.18
Cash and due from banks __ 588,091.50
Other resources _________
1.00

Liabilities
Capital stock ____________ $ 25,000.00
Surplus fund ____________ 10,500.00
Undivided profits ________
6,733.01
Demand deposits ________ 792,102.04
Time deposits ___________ 86,625.89
U. S. Gov't deposits______
768.75
Public funds ____________ 27,210.78
Total deposits--$906,707.46

Total ________________ $948,940.47

Total ________________ $948,940.47

.

Thirty-First Report
j /
;

45

.;

t/:N
1 K OF GRAVETT, GRAVE'ITE

Population, 865.

/

Benton County

Chartered February 28, 1898.
/

Officers

Transit Number 81-269

/

Directors
Allen McAllister v;_
~hilo Rodgers _________ Vice Presid~nt~om Cawood
C. ~- McAllister ✓
/Tom Ca'Yood _______________ Cash~er
J. T: Edmondson, Jr. Philo Rodgers ✓
Uther Kmdley _________ Asst. Cashier t---J. T. Edmondson, Sr.
✓«9 Ge I? 5
rl'D< 1{ 6 /I' 1'/
STATEMENT OF JUNE 30, 1945
· J; T. Edmondson ___________ Presidentv Stokes Ballard

S'lf

Resources
Loans and discounts _____ $ 102,369.06
Overdrafts ___________ _
531.49
U. S. Gov't obligations __ 564,100.00
3,993.76
Other bonds and securities
Furniture and fixtures __
1,000.00
Banking house ________ _
2,300.00
Cash and due from banks 563,287.53

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
15,000.00
Undivided profits _____ _
8,837.81
Demand deposits ______ _ 1,106,601.99
Time deposits _________ _
78,229.47
3,912.57
Public funds -------~--Total dep, ___ $1,188,744.03

Total _______________ $1,237,581.84

Total _______________ $1,237,581.84

FARMERS BANK, GREENWOOD
Population, 1,219.
Chartered August 7, 1907.

Sebastian County
Transit Number 81-226

Officers
Directors
~ - N. Wilkinson ___________ President ~rs. W. Lee Been I. M. McClendon ___.,,
/l;M, McClendon ______ Vice President Chas. 0. Bell
Chas. E. Osborn ...,........,,
X~!~s Wilkinson ___________ Cash~er v-J. L. Johnson
Means Wilkinson --:
~bee Holland __________ Asst. Cashier ...--Grey McClendon
W. N. Wilkinson . /
Geo. A. Henry _________ Asst. Cashier

STATEMENT OF JUNE 30, 1945

.
.

Resources
Loans and discounts _____ $ 125,629.16
U. S. Gov't obligations __ 541,000.00
70,145.70
Other bonds and securities
Furniture and fixtures __
1.00
Banking house ________ _
1.00
Other real estate ______ _
1.00
Cash and due from banks 532,591.85

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
16,187.14
Demand deposits ______ _ 852,876.27
Time deposits _________ _ 159,414.87
U. S. Gov't deposits ____ _
7,068.75
Purlic funds __________ _ 183,622.69
Total dep, ___ $1,202,982.58
Other liabilities _______ _

Total _______________ $1,269,369.71

199.99

Total _ --------------$1,269,369.71

46

State of Arkansas: Bank Department

THE FIRST BANK, GRIFFITHVILLE

Population, 224.

White County

Chartered November 6, 1905.

Transit Number 81-347

Officers
v--'.
Directors
VUs. A. Neaville, Sr. ________ President Claudia Grissom N. B. Smith...--/Rilph Neaville _____________ Cashie1 v-Jas. A. Neaville, Sr.

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 19,719.43
Loans on commodities____
4,700.00
U. S. Gov't obligations ____ 121,089.84
Furniture and fixtures____
400.00
Banking house __________
1,500.00
Cash and due from banks __ 140,335.38

Liabilities
Capital stock* -----------$ 8,500.00
Surplus fund ___________ _
1,500.00
Undivided profits _______ _
1,987.21
Reserves ______________ _
902.96
Demand deposits _______ _ 261,823.82
Time deposits __________ _
638.46
Public funds ___________ _ 12,392.20
Total deposits __ $27 4,854.48

Total ________________ $287,744.65

Total ________________ $287,744.65

• First preferred stock with par value of $5,000.00 and common stock with par value of $3,500.00.

.
CLARK COUNTY BANK, GURDON

Population, 2,045.
Chartered August 4, 1900.

Clark County
Transit Number 81-349

✓,

Officers
./..
Dire~rs
H. Rudolph _____________ President /W. Roy Abbott
J. E. McMillan
~ - E. McMillan ________ Vice President Jas. C. Hobgood ------il. T. Ross
.
W. Roy Abbott_ _____________ Cashier v:D. W. McMillan ......-P. H. Rudolph
/Mrs. Lewelyn Edwards __ Asst. Cashier

1/ F.

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $199,073.46
Overdrafts _ ____________
48.17
U. S. Gov't obligations ____ 175.800.00
Other bonds and securities 56,833.17
Furniture and fixtures____
749.65
Cash and due from banks __ 271,210.46

Total ________________ $703,714.91

Liabilities
Capital stock ____________ $ 25,000.00
Surplus fund ____________ 12,500.00
Undivided profits ________ 11,023.95.
Demand deposits ________ 440,480.03
Time deposits ___________ 99,833.07
U. S. Gov't deposits ______ 52,391.80
Public funds ____________ 62,486.06
Total deposits __ $655,190.96

Total ________________ $703,714.91

.

Thirty-First Report

47

FARMERSBANK,HAMBURG
Population, 1,939.

Ashley County

Chartered March 10, 1941.

Transit Number 81-181

.,-:,

Officers
Directors
......------·
E. Foote _______________ President --iv. E. Foote
Leslie J. Serrett
/Frank N. Pugh ________ Vice President .....---i.eroy Higginbotham B. R. Smith ~
.,,/8. A. Wilcoxon ________ Vice President /Murphy Jones
V. W. Walker ✓
--./'Leslie J. Serrett_ ____________ Cashier vfl'rank N. Pugh
S. A. Wilcoxon /
✓Lucille B. Serrett_ _____ Asst. Cashier

W.

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 38,761.00
U. S. Gov't obligations __ 757,017.78
Other bonds and securities
4,000.00
Cash and due from banks 437,007.12

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
15,000.00
Undivided profits _____ _
15,908.56
Demand deposits ______ _ 1,105,041.48
Time deposits _________ _
13,639.05
U. S. Gov't deposits ___ _
5,526.45
Public funds __________ _
56,670.36
Total dep, ___ $1,180,877.34

Total _______________ $1,236,785.90

Total _______________ $1,236,785.90

CALHOUN COUNTY BANK, HAMPTON
Population, 686.

Calhoun County

Chartered October 26, 1906.

Transit Number 81-353

.. W. HarrelLOfficers
.
/
Directors
____________ Pres1dent ' A. B. Garrett
}J,earcy
Harrell_ ___ V. Pres. & Cashier
W. Harrell E. C. Johnston
✓B.
~ r y A. HarrelL _______ Asst. Cashier ✓ Fay Harrell

✓ Searcy Harrell

"'il'iJHio,lil:iiin=llb!IJ..~l"l!'!ltfolr'IL"'l'lil'!'IST!bm;:g~"e!Tr

v

I. C. Strickland .,..,,-,

I/_ G: W () 0 ..2)

~

STATEMENT OF JUNE 30, 1945

•

Resources
Loans and discounts _____ $ 101,563.37
Loans on commodities __ _
91,510.39
U. S. Gov't obligations __ 476,290.09
Other bonds and securities
81,558.18
Furniture and fixtures __
1,400.00
B;mking house ________ _
5,000.00
Other real estate _______ _
1.00
Cash and due from banks 425,371.80

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
15,000.00
Undivided profits _____ _
11,358.02
Demand deposits ______ _ 915,664.35
.Time deposits _________ _
70,378.23
U. S. Gov't deposits ____ _
51,818.75
Public funds __________ _
93,475.48
Total dep, ___ $1,131,336.81

Total _______________ $1,182,694.83

Total _______________ $1,182,694.83

48

State of Arkansas: Bank Department

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

Poinsett County

Chartered December 2, 1930.

Transit Number 81-693

Officers
Directors
T. T. Mardis ______________ President John Gant
T. T. Mardis
John Gant ____________ Vice President
Mrs. D. M. Mardis
Wm. S. Martin ______________ Cashier
Mrs:·-D. -1\f. l\1ardis ______ Asst. Cashier·
STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 88,0,26.60
U. S. Gov't obligations ____ 360,300.00
Other bonds and securities
248.02
Furniture and fixtures____
487.00
Cash and due from banks __ 484,434.68

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ___________ _ 12,500.00
Undivided profits _______ _
3,474.51
Demand deposits _______ _ 853,617.39
U. S. Gov't deposits _____ _ 2,733.15
Public funds ___________ _ 36,171.25
Total deposits __ $892,521. 79

Total _ ---------------$933,496.30

Total ___·_____________ $933,496.30

COMMERCIAL BANK, HARRISON
Population, 4,238.
Chartered July 7, 1944.

Officers
F. L. Coffman _____________ President
Virgil D. Wiilis _______ Vice President
D. L. Owens __________ Vice President
S. L. Nance _________________ Cashier
Carolyn Coffman ______ Asst. Cashier
Mrs. C. N. Kent_ _______ Asst. Cashier

Boone County
Transit Number 81-746

Directors
W. T. Bradley
Rabie Rhodes
F. L. Coffman
Fred Stewart
T. L. Jackson
Virgil D. Willis
Dr. D. L. Owens

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $258,353.4~
Overdrafts _ ____________
10.83
U. S. Gov't obligations ____ 100,000.00
Furniture and fixtures____
2,613.97
Cash and due from banks_ 337.818.06
Other resources _________
2,664.38

Total ________________ $701,460.72

Liabilities
Capital stock ____________ $ 60,000.00
Surplus fund ___________ _ 15,000.00
Demand deposits _______ _ 522,548.59
Time deposits __________ _ 43,473.63
Public funds ___________ _ 50,000.00
Deposits of banks _______ _ 10,438.50
Total deposits __ $626,460. 72
Total ________________ $701,460.72

•

Thirty-First Report

49

THE SECURITY BANK, HARRISON
Population, 4,238.

Boone County

Chartered November 20, 1931.

Transit Number 81-704

Officers
Directors
✓
.,, V. A. Watkins _____________ President ~- C. Alexander
T. C. Heuer
✓-v"T. C. Heuer ___________ Vice President vRoy L. Baker
W. 0. Newton
vC, C. Alexander _____________ Cashier :::-{· M. Bullock
E. R. Tims _,
fi. R. Tims ____________ Asst. Cashier A. C. Christeson L. A. Watkins ✓
y'D. E. Fitton
~,

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 576,110.43
Overdrafts _ ____________
898.64
U. S. Gov't obligations __ 1,779,250.00
Other bonds and securities
54,649.27
Furniture and fixtures__
1.00
Banking house _________
1.00
Cash and due from banks 2,373,886.98

Liabilities
Capital stock ----------$ 75,000.00
Surplus fund _________ _
80,000.00
Undivided profits _____ _
27,155.80
Demand deposits ______ _ 3,733,187.78
Time deposits _________ _ 562,753.82
U. S. Gov't deposits ____ _
47,345.38
Public funds _________ _ 210,233.76
Deposits of banks _____ _
49,120.78
Total dep. ___ $4,602,641.52

Total _ --------------$4,784,797.32

Total _ --------------$4,784,797.32

PRAIRIE COUNTY BANK, HAZEN
Population, 819.
Chartered July 17, 1945.
Officers
' J. J. Screeton _____________ President
L. P. Aycock __________ Vice President
R. C. Hartlieb _______________ Cashier
Grace 0. Stallings _____ Asst. Cashier

Prairie County
Transit Number 81-750
Directors
L. P. Aycock
_j\;[. L. Page
,
J. 0. Crowly
J. J. Screeton ✓
s. .J:i7e1in
Ezra Shoop
R. H. Hammond

OPENED FOR BUSINESS AUGUST 8, 1945
:..., a { I

•

,-----

50

State of Arkansas: Bank Department

THE CLEBURNE COUNTY BANK, HEBER. SPRINGS
Population, 1,656.

Cleburne County

Chartered December 16, 1930.

Transit Number 81-175

v'/
Officers
Directors
~ - B. Robbins _____________ President vW. L. Deal
0. B. Robbins \.--'
Louis Stecker _________ Vice President ✓o. C. Dickson
Opie Rogers ..,...\,,"floward Johnson ______ Vice President-/ W. R. Griffin
Louis Stecker ....-·
C. Johnson ____ V. Pres. & Cashier .,-·L. E. Robbins
Garner Johnson ________ Asst. Cashier
✓ Nevalynn Johnson ______ Asst. Cashier
v-:fcl<'!'t.l.e J"h rf~ 6 1\A
'1
STATEMENT OF JUNE 30, 1945

:;;w.

Resources
Loans and discounts _____ $ 253,092.12
Loans on commodities__ 119,600.00
U. S. Gov't obligations__ 596,100.00
-Other bonds and securities 123,886.36
Furniture and fixtures__
500.00
Banking house _________
5,500.00
Cash and due from banks 1,104,435.32

Liabilities
Capital stock ----------$ 30,000.00
Surplus fund _________ _
20,000.00
Undivided profits _____ _
22,263.69
Demand deposits ______ _ 2,040,502.73
Time deposits _________ _
1,220.34
Public funds __________ _
89,127.04
Total dep. ___ $2,130,850.11

Total _ --------------$2,203,113.80

Total _______________ $2,203,113.80

GUARANTY LOAN AND TRUST COMPANY, HELENA
(Not engaged in commercial banking)
Population, 8,456.

Phillips County

Chartered February 9, 191-0.
Officers

M. R. Ready _______________ President
Dewey Moore _________ Vice President
H. E. Jones _______________ Secretary
-H. H. White ______________ Treasurer

Transit Number 81-64

Directors
R. T. Doughtie
M. R. Ready
S. H. Hurst
H. G. Stephens
Dewey Moore
Jos. P. Swift
E. C. Nelson

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 38,652.76
U. S. Gov't obligations____
8,500.00
Other bonds and securities
1,000.00
Furniture and fixtures____
500.00
Other real estate_________
1.00
Cash and due from banks__ 51,442.28
Other resources __________
4,280.00

Liabilities
Capital stock ------------$ 50,000.00
Surplus fund ___________ _ 10,000.00
Undivided profits _______ _ 7,358.61
Reserves ______________ _
327.30
Other liabilities ________ _ 36,690.13

Total ________________ $104,376.04

Total _ ---------------$104,376.04

•

/

51

Thirty-First Report

~ \ ~ft7(_G-• ~ - - ~
VALLEY BANK, HINDSVILLE
Population, 262.

Madison County

Chartered November 18, 1907.

Transit Number 81-362

Officers
/:
Directors
/
v-1\dry Gaskill ______________ President
Wm. B. Bunch
Tom Hargis
-vH. L. Mayfield ________ Vice President ✓c. F. Fitch
Lloyd A. Linebarger\#
./'ll. F. Fitch ___________ Vice President ✓Adry Gaskill
H. L. Mayfield ,.._..-Wm a "Btiiidi __ __ """::':::-,,.,..CMb1el' _..,.,.rames R. Hargis
Fred E. Reed _________ ~ . Cashier
STATEMENT OF JUNE 30, 1945

Resourees
Loans and discounts ______ $ 17,990.l:J2
U. S. Gov't obligations ____ 100,800.00
Furniture and fixtures____
350.00
Banking house __________
800.00
Cash and due from banks_ 123,660.00

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund ____________ 10,000.00
Undivided profits ________
2,473.85
Reserves _ ______________
4,829.09
Demand deposits ________ 138,471.04
Time deposits ___________ 64,826.94
Public funds ____________ 13,000.00
Total deposits __ $216,297.98

Total _ ---------------$243,600.92

Total ________________ $243,600.92

BANK OF HOLLY GROVE, HOLLY GROVE
Population, 755.
Chartered March 12, 1903.

Monroe County
Transit Number 81-275

/4

Officers
,,,{
Directors
~ - P. Walls _______________ President B
Lambert
/4no. B. Moore, Jr.
J. I. Matthews ________ Vice President
. I. Matthews
M. P. Walls
v•'Taylor Claiborne ___________ Cashier ...-;J. W. Mayo
s-0. M. Washington
.,/Mary Patterson ________ Asst. Cashier
_

r-13J LAM t3 .e r-? -f

STATEMENT OF JUN'E

so; 1945

rr-·

)

/

'-'' ·r"-../

Resources
Loans and discounts ______ $ 89,709.28
Loans on commodities ____ 288,445.73
Overdrafts _ ____________
494.95
U. S. Gov't obligations ____ 227,000.00
Other bonds and securities 72,812.10
Furniture and fixtures____
1.00
Banking house __________
2,400.00
Other real estate_________
2.00
Cash and due from canks_ 137,848.46

Liabilities
Capital stock ------------$ 30,000.00
Surplus fund ____________ 30,000.00
Undivided profits ________ 13,268.98
Demand deposits ________ 503,767.11
Time deposits ___________ 49,522.14
U. S. Gov't deposits______ 95,696.46
Public funds ------------- 96,458.83
Total deposits __ $745,444.54

Total _ ---------------$818,713.52

' Total ________________ $818,713.52

State of Arkansas: Bank Department

52

HORATIO STATE BANK, HORATIO
Population, 809.
Chartered May 15, 19-05.

Sevier County
Transit Number 81-342

Directors
\.,
Officers
~
~ - E. Hendrix _____________ President 0. T. Brinkley vMrs. A. G. Jacobson
VF. R_. Ethridge ________ Vice Presid1:;nt~ .F. R. Ethrid_ge ..--L. 0. Shull
.Mazie Gallaher _____________ Cashier .,., C. E. Hendnx
./ Lilla S. Hendrix ______ Asst. Secretary
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $113,578.00
7,900.00
Loans on commodities____
1,260.18
Overdrafts _ ____________
U.S. Gov't obligations ____ 290,172.00
2,607.93
Other bonds and securities
1,500.00
Furniture and fixtures____
302.00
Other real estate_.________
Cash and due from banks_ 232,528.55
167.00
Other resources _________

Liabilities
Capital stock ------------$ 20,000.00
Surplus fund ___________ _
5,000.00
Undivided profits _______ _
1,392.23
1,500.00
Reserves_------------~Demand deposits _______ _ 485,382.77
Time deposits __________ _ 87,284.08
U. S. Gov't deposits _____ _ 12,180.57
Public funds ___________ _ 37,276.Q.1
Total deposits __ $622,123.43

Total ________________ $650,015.66

Total ________________ $650,015.66

·. r

.,

ARKANSAS TRUST COMP ANY, HOT SPRINGS
Population, 21,370.

•

Chartered April 18, 1907.

Garland County
Transit Number 81-51

D~tors
,.,
.
Officers
✓ /
E. L. Thomospn
D. Burgauer
~ - Burgauer ______________ President
G. H. Sexton _________ Vice President ✓ C. J. Horner v".E. M. Thrash, Jr.
,.,...,:Warren W. Wilson
/ ~- M. Thrash, Jr. ______ Vice President •'_D. Jackson
✓ E. F. Woodcock
"'1J. Jackson ______ v. Pres. & Cashier..,'C. E. Miles
v/F. A. Housley_1Lr_it8.S-i'.'.'Asst. Cashier v·G. H. Sexton
-,:-Norton Meek, Jr. ______ Asst. Cashier
; Marie Schnebelen ______ Asst. Cashier
C. J. Clements _________ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ___ $ 504,942.92
241.75
Overdrafts _ __________
U. S. Gov't obligations_ 6,187,069.04
Other bonds and securities 501.120.46
18,732.25
Furniture and fixtures__
47,000.00
Banking house ________
12.00
Other real estate______
Cash and due from banks 3,558 511.19
24,689.50
Other resources ___ ____

Liabilities
Capital stock ---------$ 200,000.00
Surplus fund ________ _
200,000.00
Undivided profits ____ _
136.149.20
Reserves ___________ _
20,965.88
Demand deposi s _____ _ 7,744,685.87
Time deposits ________ _ 1,119,980.24
U. S. Gov't deposits ___ _
687,679.43
PuHic funds _________ _
670,217.38
Total dep._$10,222,562.92
Other liabilities ______ _

Total ______________ $10,842,419.11

62,741.11

Total ______________ $10,842,419.11

Thirty-First Report

53

NEWTON COUNTY BANK, .JASPER
Population, 412. Newton c ~ -

0, ff

Chartered March 24, 1903~a~sit Number 81-371

Officers
·Moore _____________
President

J. W. Moore
. J. Pruitt_ _________ Vice President ,.., O. A. Moore
.... J. W. Moore _________________ Cashier 1.--W. W. Moore
________ Asst. Cashier
f!\J¼a" Ulllb

~

,11~ :JR'e:./

j Tl

--

/

/

~
~7

'"'A L-r ..t c;,, r{

DC ,u

II

,

Directors
:f:St:::IJ;;:=!t~faa:it~llll~~

W. J. Pruitt ~

I

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 30,062.45
44.88
Overdrafts _ ____________
U. S. Gov't obligations ____ 300,902.. 50
593.40
Other bonds and securities
150.00
Furniture and fixtures____
900.00
Banking house __________
Cash and due from banks __ 454,147.89

Liabilities
Capital stock* -----------$ 25,000.00
5,000.00
Surplus fund ____________
2,954.24
Undivided profits ________
2,500.00
Reserves _ ______________
Demand deposits ________ 696,358.75
Public funds ____________ 54,988.13
Total deposits __ $751,346.88

Total ________________ $786,801.12

Total _ ---------------$786,801.12

• First preferred stock with par value of $8,000.00 and common stock with par value of $17,000.00.

CITIZENS BANK OF JONESBORO, JONESBORO

Craighead County

Population, 11,729.

Transit Number 81-613

Chartered July 25, 1919.
/'

.

Officers

.

_M. L. McKmney ___________ Pres1dent

"'S. V. McKinney _______ Vice President
'vJ. E. McKee __________ Vice President
v,C. V. McKinney _____________ Cashier

_,

/
.
Directors
.
S. V. McKmney
V. McKmney
M. L. McKinney

/2·

- -,,~
~
VP
e:E:IYf1fcKe21
/

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $1,504,683.58
Loans on commodities ___ 1,203,251.47
2.45
Overdrafts _ __________
U. S. Gov't obligations __ 1,896,124.85
432.68
Other bonds and securities
1.00
Furniture and fixtures__
Cash and due from banks 2,226,127.26

Liabilities
Capital stock ----'-·--,--~$ 100,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
70,320.78
Demand deposits ______ _ 3,404,477.03
Time deposits _________ _ 1,952,103.95
U. S. Gov't deposits ____ _ 657,379.83
Public funds __________ _ 571,108.85
Deposits of banks ______ _
25,232.85
Total dep. ___ $6,610,302.51

Total _______________ $6,830,623.29

Total _ --------------$6,830,623.29

State of Arkansas: Bank Department

54

MERCANTILE BANK, JONESBORO

Population, 11,729.
Chartered January 7, 1932.

Craighead County
Transit Number 81-72

,/,. Officers
.
.,. __
Direc_!ors ' .
",Ghas. D. Fnerj1.on __________ Pres1dent Nathan Deutsch ~ G. G. Snuth
/ G. G. Smith_..&;;'.Ye..(:.,_ Vice President ...A. Faught
• J. Paul Smith
vN'athan Deutsch ___ V. Pres. & Cashier ....e_has. D. Frie~sor,
~J. Lan Wittlat-ils
~ - W. Hig~inbotham ____ Asst. Cash!er v-G. H. Florida
_. , ', , __ .,
-, I,
Alberta D1ckson ________ Asst. Cashier
/J,1v , . _- . __,__, r _ -

7.l

STATEMENT OF JUNE 30, 1945

~

Resources
Loans and discounts _____ $ 766,075.76
~oans on commodities___ 434,943.48
U. S. Gov't obligations __ 2,712,996.81
Other bonds and securities 108,611.79
Furniture and fixtures__
7,137.00
Banking house _________
11,000.00
Cash and due from banks 1,108,825.70

Liabilities
Capital stock ,----------$ 150,000.00
Surplus fund __________ _
75,000.00
Undivided profits _____ _
84,256.06
1,800.00
Reserves_ -----------Demand deposits _____ :__ 2,751,426.92
Time deposits _________ _ 1,106,274.76
U. S. Gov't deposits ____ _ 653,551.59
Public funds __________ _ 287,547.46
Deposits of banks ______ _
39,733.75
Total dep. __ $4,838,534.48

Total _ --------------$5,149,590.54

Total _ --------------$5,149,590.54

FARMERS AND MERCHANTS BANK, JUDSONIA

Population, 1,0-11.
Chartered May 29, 1913.

White County
Transit Number 81-549

v-:;~ohn

Officers
✓
Directors
A. Henson ____________ Pres~dent W. R. Felts
,; 0. C. Waller
:;:{'. C. Rhew ___________ V~ce Pres~dent \.-~J. H. Graves
\ Roy E. Wall er
VJ,. H. Graves __________ V~ce Pres~dent
.John A. Henson v Edgar W1•ight
/W. R. Felts ___________ Vice President vJ. C. Rhew
✓ P. E. Bauer ___________ .:. _____ Cashier
R, El. 1tViHcox __________ Asst. Cashier
✓-

-e,/

~~1Aw

I

( , / ~ I I ! ll

,.,(J I

'

h

S'I'ATEMENT OF JUNE 30 1945

'

Resources
Loans and discounts ______ $ 14,643.53
U. S. Gov't obligations ____ 345,500.00
Other bonds and securities
1,597.97
Furniture and fixtures____
1.00
Banking house ___________
2,000.00
Cash and due from banks_ 476,289.29

Liabilities
Capital stock ------------$ 17,500.00
Surplus fund ____________ 17,500.00
Undivided profits ________ l3,776.13
Demand deposits ________ 747,749.95
Public funds ____________ 43,505.71
Total deposits _$791,255.66

Total ________________ $840,031.79

Total ________________ $840,031.79

...

Thirty-First Report

{i5

UNION STATE BANK, JUNCTION CITY

Population, 797.

Union County

Chartered August 28, 1933.

Transit Number 81-232

Directors
Officers
I. A. Brinker ______________ President I. A. Brinker
H. M. Kinard ,·
· H. M. Kinard _________ Vice President . 0. H. Goodwin
P. E. Murphy ,
• P. E. MurplJ¥ _____ V. Pres. & Cashis H. E. Kinard
H. J. Williams 1
H. E. Kinard _________ ._Asst. Cashier

l ·.

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 51,751.63
Loans on commodities____
392.99
U. S. Gov't obligations ____ 404,395.00
Other bonds and securities
7,192.14
Furniture and fixtures____
500.00
Banking house __________
3,800.00
Other real estate_________
1.00
Cash and due from banks 376,365.81

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 12,500.00
Undivided profits ________
6,899.06
Reserves _ -------------2,100.00
Demand deposits ________ 603,331.81
Time deposits ___________ 57,072.53.
U. S. Gov't deposits______ 83,165.00.
Public funds ____________ 54,330.17
Total deposits _$797,899.51

Total _ ---------------$844,398.57

Total ________________ $844,398.fi7

BANK OF KENSETT, KENSETT

Population, 827.

White County

Chartered February 17, 1922.
Officers
P. Mills ________________ President
J.ohn H. Johnston _____ Vice President
"'11:rs. Thelma Roth ___________ Cashier

v
A:

Transit Numrer 81-649

Directors
Jno. H. Johnston\ J. W. Sloan ✓
A. P. Mills v

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts------$ 9,056.35
U. S. Gov't obligations____ 38,000.00
Furniture and fixtures____
530.00
Banking house __________
3,275.00
Other real estate_________
1.00
Cash and due from banks_ 248,316.53
Other resources _________
500.00

Liabilities
17,500.00
Capital
-----------$
Surplus stock*
fund ___________
_ 2,500.00
Undivided profits _______ _ 2,726.85
Demand deposits _______ _ 261,727.22
Public funds ___________ _ 15,224.81
Total deposits _$276,952.03

Total ________________ $299,678.88

Total _ ---------------$299,678.88

* First

preferred stock with par value of $7,400.00 and common stock with par value of $10,100.00.

56

State of Arkansas: Bank Department

BANK OF KEO, KEO
Population, 253.

Lonoke County

Chartered January 13, 1920.
✓.

Transit Number 81-631

Officers

· W. F. Coleman ____________ President ' A. B. Cobb
-1l. C. Cobb ____________ Vice President• J. D. Cobb

✓A.

.,/-1·

B. Cobb ___________ Vice President
F. Coffman ___________ .___ Cashier·

Directors
• J. F. Coffman
. W. F. Coleman

S. C. Cobb

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 15,214.00
Loans on commodities____ 31,900.00
Overdrafts _ ____________
16.32
U. S. Gov't obligations____ 41,000.00
Other bonds and securities
2,058.11
Furniture and fixtures____
1.00
Cash and due from banks __ 107,194.92

Liabilities
Capital stock ------------$ 15,000.00
5,000.00
Surplus fund-----------Undivided profits _______ _
3,417.72
Demand deposits _______ _ 116,142.12
2,100.00
Time deposits ---------~U. S. Gov't deposits _____ _ 35,375.00
Public funds ___________ _ 20,349.51
Total deposits _$173,966.63

Total ________________ $197,384.35

Total ________________ $197,384.35

BANK OF KINGSTON, KINGSTON
Population, 200.
Chartered April 7, 1911.
v

.
•~

Madison County
Transit Number 81-467

Directors
Officers
\
A. B. Bunch _______________ President ✓ A. B. Bunch
, Tom Hargis
Tom Hargis __________ Vice President Wilson Bunch
, H. R. McCracken
Wilson Bunch ______________ Cashier , H. C. Fields
Wm. B. Bunch _________ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 8,376.00
U. S. Gov't obligations____ 90,800.00
Other bonds and securities 14,000.00
Furniture and fixtures____
90.00
Banking house __________
180.00
Other real estate_________
2.00
Cash and due from banks_ 188,281.81

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund ___________ _ 10,000.00
Undivided profits _______ _
142.01
Reserves ______________ _
3,800.00
Demand deposits _______ _ 212,963.44
Time depo~ts __________ _ 55,824.36
Public funds ___________ _
9,000.00
Total deposits _$277,787.80

Total _ ---------------$301,729.81

Total ________________ $301,729.81

57

/

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population, 2,045.

Chicot County

Chartered October 14, 1937.

Transit Number 81-598

(

Officers
Directors
✓
. B. C. Clark ____________ President vBen Angel
James Hammond
✓R. H. Meyer __________ Vice President,..., E. T. Cashion
"--W. C. Lovette
,.../
/2:. T
.. Cashion ________ ._______ Cashier ,/Ill'. B. C. Clark (1 R.JI. Meyeru· _..
James S. Suitt_ ________ Asst. Cashier /4 B. Gi!,lison
\__
'f'. cl . .
✓ 'Ji,t,1 a 12- Yrh_ea. -!
,. , ,,
'-· ~ 1-. t ~ (O-i w ~ \
STATEMENT OF JUNE 30, 194,5

/4· .

J/1.

. , ,

Resources
Loans and discounts _____ $ 293,088.00
Loans on commodities___
27,563.87
Overdrafts _ __________
693.90·
U. S. Gov't obligations__ 526,117.93
Other bonds and securities
22,375.00
Furniture and fixtures__
1.00
Banking house _________
12,000.00
Cash and due from banks 832,712.89

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
17,682.35
Demand deposits ______ _ 1,180,494.27
Time deposits _________ _
71,227.45
U. S. Gov't deposits ____ _ 157,380.76
Public funds __________ _ 187,767.76
Total dep. __ $1,596,870.24

Total _______________ $1,714,552.59

Total _______________ $1,714,552.59

CITIZENS BANK OF LAVACA, LAVACA
Population, 340.
Chartered May 5, 1910.
/

Officers
Dr. J. S. Coffman _________ President
'-W. D. West, Jr. _______ Vice President
,n'orace Wagner _____________ Cashie1:

Sebastian County
Transit Number 81-378

~

Directors
/
l)r. J. S. Coffman
W. D. West, Jr.
v'l:. H. Fielder

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 43,582.28
U. S. Gov't obligations ____ 200,820.00
Other l::onds and securities 12,056.49
Furniture and fixtures____
1.00
Banking house __________
500.00
Cash and due from banks __ 155,847.83

Liabilities
Capital stock -----------$ 15,000.00
Surplus fund -----------5,000.00
Undivided profits ________
1,993.97
Reserves _ -------------2,000.00
Demand deposits ________ 315,042.04
Time deposits ___________ 13,441.13
U. S. Gov't deposits______ 22,582.01
Public funds ____________ 37,748.45
Total deposits _$388,813.63

Total _ ---------------$412,807.60

Total _ ---------------$412,807.60

•

,

:JJ--l--

Sta,te of A,;-kansas: Bank Department

58

LITILE RIVER BANK, LEPANTO
Population, 1,198.

Poinsett County

Chartered November 21, 1919.

Transit Number 81-622

v·D.

. Officers
.
/Directors
.
F. Portis _______________ Pres1dent A. T. Bell
D. F. Portis v
~ B. H. Murphy _________ Vice President ~ u r t o n ,'
J. C. Portis ✓
✓~ T. BelL __________________ Cashier
ayne Eason • / -Qsem- w.ee-,..
v"Mrs. R.j....JlMte ___ ____ Asst. Cashier B. H. Murphy V

1
v --v,J,}..L \\,tl~dc,,c,,/L
,,
\

.,

·Vv.1--/.0;a.ss

Resources
Loans and discounts _____ $
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Cash and due from banks_
Other resources _______ _

197,708.64
575,709.77
84.53
352,000.00
1,000.00
1.00
227,039.04
100.00

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
30,000.00
Undivided profits _____ _
14,110.43
Demand deposits ______ _ 1,027,557.53
Time deposits _________ _
19,720.74
U. S. Gov't deposits ___ _
89,887.11
Public funds __________ _ 122,367.17
Total dep. __ $1,259,532.55

Total _______________ $1,353,642.98

Total _______________ $1,353,642.98

·,

·7

L

iJ 1/\,
, ,PEOPLES BANK AND L~AN COMPANY,

•'

,,

Population, 1,314.
.

~

STATEMENT OF JUNE 30, 1945

Chartered August 25, 1911.

Officers
· W. D. Stewart_ ____________ President
. J. B. Burton __________ Vice President
T. P. LeMay __________ Vice President
, J. C. Landes ________________ Cashier

LEWISVILLE

Lafayette County
Transit Number 81-475
J.B. Burton
P. D. Burton
J.C. Landes

Directors
T. P. LeMay
W. D. Stewart

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 44,577.99
Loans on commodities __ _
28,614.05
Overdrafts __________ _
112.47
U. S. Gov't obligations __ 498,200.00
Other bonds and securities
58,940.00
Furniture and fixtures __
1,058.68
Banking house ________ _
2,925.00
Other real estate ______ _
2.00
Cash and due from banks 374,502.,65
Other resources _______ _
3,796.82

Liabilities
Capital stock __________ $ 30,000.00
Surplus fund _________ _
22,000.00
Undivided profits _____ _
10,570.83
Demand deposits ______ _ 665,842.86
Time deposits _________ _ 102,399.22
U. S. Gov't deposits ____ _
70,845.06
Public funds __________ _ 111,071.69
Total dep. --$ 950,158.83

Total _______________ $1,012,729.66

Total _ --------------$1,012,729.66

•

Thirty-First Report

59

BANK OF LINCOLN, LINCOLN
Population, 720.

Washington County

Chartered March 19, 1903.
/

Officers

W. T. Sha1;non _____________ Pres!dent

/ ¼ A.
/.
,/15·

Enghsh _________ Vice President
J. Basden ________________ Cashier

Transit Number 81-384
_pirectors
B. J. Basden ~-R. H. Pitts ✓
E. W. Baugh
S. H. Pitts
.
J. A. English~ W. T. Shannon ✓
H. A. Lewis~

STATEMENT OF JUNE 30, 1945

I

Resources
Loans and discounts------$140,960.J.4
U. S. Gov't obligations ____ 413,06<1.00
Other bonds and securities 39,645.00
Furniture and fixtures____
200.00
Banking house __________
100.00
Other real estate_________
1.00
Cash and due from banks_ 222,737.17

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund' ____________ 20,000.00
Undivided profits ________ 11,681.57
Demand deposits ________ 605,964.14
Time deposits ___________ 88,963.29
U. S. Gov't deposits______ 48,360.90
Public funds ____________ 16,733.41
Total deposits $760,021.74

Total _________________ $816,703.31

Total -----------------$816,703.31

METROPOLITAN TRUST COMPANY, LITTLE ROCK
(Not engaged in commercial banking)
Population, 88,039.
Chartered June 5, 1925.
Officers
Justin Matthews, Jr. _______ President
Somers Matthews Vice-Pres. & Treas.
John P. Matthews Vice-Pres. & Sec'y
Freda Byerly ____________ Asst. Sec'y

Pulaski County
Transit Number
Directors
Anne M. Glenn
Martha D. Matthews
John P. Matthews Somers Matthews
Justin Matthews, Jr.

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 80,155.02
300.00
U. S. Gov't obligations____
Other bonds and securities 127,792.39
Furniture and fixtures____
5.00
Other real estate_________ 63,696.85
Cash and due from banks_ 19,361.47
Other resources _________ 92,952.66

Liabilities
Capital stock ------------$250,000.00
Surplus ·xund ____________ 25,000.00
Undivided profits ________ 47,145.55
Reserves _ _____________
3,746.38
Other liabilities _________ 58,371.46

Total _________________ $384,263.39

Total -----------------$384,263.39

60

i

,4'

State of Arkansas: Bank Department

1/·~ .B. WORTHEN COMPANY, BANKERS, LITTLE ROCK

l·

Population, 88,039.
Chartered August 4, 1902.

Pulaski County
Transit Number 81-7

Officers
Directors
Emmet Morris ____ Chairman of Board W. C. Allsopp
Emmett Morris
James H. Penick- __________ President
W. Robert Crow
James H. Penick
G02ll~@ G. Vforthelf __ :-:vice-'Pi'mtident
H. M. Crowe
John G. Potts
John G. Potts _________ Vice President
L. E. Dishongh
Booker Worthen
James Keith __________ Vice President
Alfred Leymer
~ebige-G,-Wu1 th;;n...
G. A. Zimmerman _____ Vice President
H. M. Crowe __________ Vice President
L. E. Dishongh __ Vice Pres. & Cashier
Booker Worthen _______ Asst. Cashier
.
Gardner Lile __________ j,.sst-, € a ~ )' ~J--.•
Dan M. Murphy ________ Asst. Cashier
M. L. Hogan __________ Asst. Cashier
M. S. Heim ____________ Asst. Cashier
Melvin Lawson ________ Asst. Cashier
W. G. Cobb ____________ Asst. Cashier
R. M. McCown _________ Asst. Cashier
Emmett L. Darr ____________ Auditor

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ---$ 3,805,190.11
Loans on commodities__
862,,186.97
Overdrafts _ __________
47.16
U. S. Gov't obligations_ 30,938,820.40
Other bonds and sec'ties 3,462,605.87
Furniture and fixtures_
111,933.52
Banking house ________
150,000.00
Cash and due from banks 17,702,343.60
Other resources _______
89,238.25

Liabilities
Capital stock* --------$ 645,000.00
Surplus fund ________ _
600,000.00
Undivided profits ____ _
186,759.35
Reserves ___________ _
220,330.63
Demand deposits _____ _ 25,712,789.87
Time deposits ________ _ 8,576,564.75
U. S. Gov't deposits ___ _ 4,602,443.03
Public funds _________ _ 5,046,565.41
Deposits of banks _____ _ 11,529,328.53
Total dep. $55,467,691.59
Other liabilities ______ _

Total ______________ $57,122,365.88

* First

2,584.31

Total _ -------------$57,122,365.88

preferred stock with par value of $270,000.00 ; Second preferred stock with par value of
$250,000.00 and common stock with par value of $125.000.00.

Thirty-First Report

61

BANK OF LOCKESBURG, LOCKESBURG
Population, 764. Sevier County
Chartered October 14, 1902.

Transit Number 81-385

Djrectors
.,..-A. P. Boyce V
M. L. Norwood
Mary F. Hampson ~ R. C. Norwood•
Hugh Latimer or

v

Officers
M. L. Norwood ____________ President
..,. A. P. Boyce __________ Vice President
"R. C. Norwood ______________ Cashier
"'Mrs. R. C. Norwood ____ Asst. Cashier

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 23,938.80
U. S. Gov't obligations ____ 101,050.00
Other bonds and securities 10,279.00
Furniture and fixtures____
100.00
Banking house __________
1,900.00
Cash and due from banks_ 301,483.61

Liabilities
Capital stock* -----------$ 25,000.00
Surplus fund ___________ _
5,000.00
Undivided profits _______ _
2,505.14
Demand deposits _______ _ 341,859.98
Time deposits __________ _ 36,129.90
Public funds ___________ _ 28,256.39
Total deposits--$406,246.27

Total -----------------$438,751.41

Total -----------------$438,751.41

11

* First

preferred stock with par value of $12,500.00 and common stock with par value of $12,500.00.

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

/

Officers
)". J. Fletcher ______________ President
President
& Cashier
Arthur Herring ________ Asst. Cashier

V }V. H. Bransford ______ Vice
✓ Neill Fletcher ___ Vice Pres.

Lonoke County
Transit Number 81-200

✓r'
Directors
J. 0. Bennett
M. E. Lyons ...,-•,,,W. H. Bransford W.W. McCrary, Jr . .....----,
.,;;J; J. Fletcher
Chas. A. Miller ....../Neill Fletcher
Guy E. Williams --------

STATEMENT OF JUNE 30, 1945

.

Resources
Loans and discounts ----$ 47,407.88
Loans on commodities __ _ 205,727.21
U. S. Gov't obligations __ 475,300.00
15,000.00
Other bonds and securities
Furniture and fixtures __
1.00
Banking house ________ _
2,000.00
Cash and due from banks 642,410.45
Other resources _______ _
2,0,27.42

Liabilities
Capital stock* ______ ---$ 25,000.00.
Surplus fund _________ _
10,000.00
Undivided profits _____ _
17,739.74
Reserves _____________ _
7,886.86
Demand deposits ______ _ 1,173,925.82
U. S. Gov't deposits ____ _
9,843.75
Public funds __________ _ 145,477.79
Total dep. __ $1,329,247.36

Total _ --------------$1,389,873.96

Total _______________ $1,389,873.96

• First preferred stock with par value of $10,000.00 and common stock with par value of $15,000.00.

62

State of Arkansas: Bank Department
/

1//

FARMERS BANK AND TRUST COMPANY, MAGNOLIA
Population, 4,326.

Columbia County

Chartered September 26, 1906.

,

Officers
T. S. Grayson _____________ President
R. S. Warnock, Jr. ____ Vice President
J. B. Lee ___________________ Cashier
H. A. Reid _____________ Asst. Cashier

Transit Number 81-163

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

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 36,863.72
Overdrafts _ ___________
4.49
U. S. Gov't obligations __ 3,797,512.99
Other bonds and securities 160,684.84
Furniture and fixtures__
1,5-00.00
Banking house _________
13,000.00
Other real estate _______
42.00
Cash and due from banks 1,165,976.18

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _ 100,0-00.00
Undivided profits _____ _
53,067.89
Demand deposits ______ _ 4,032,680.13
Time deposits _________ _ 393,931.92
U. S. Gov't deposits ____ _ 327,769.97
Public funds __________ _ 214,948.75
Deposits of banks ______ _
3,185.56
Total dep. __ $4,972,516.33

Total _______________ $5,175,584.22

Total _ --------------$5,175,584.22

STATEMENT OF JUNE 30, 1945
Resources
Liabilities
Loans and discounts _____ $ 204,481.91
Capital stock ----------$ 50,000.00
Surplus fund _________ _
35,000.00
Overdrafts _ ----------7.93
U. S. Gov't obligations __ 1,643,748.45 Undivided profits _____ _
40,839.43
Other bonds and securities
20,619.67 Reserves _____________ _
23,206.31
Furniture and fixtures__
984.80 Demand deposits ______ _ 2,434,613.67
Banking house _________
2,725.00 Time deposits _________ _
83,102.90
Cash and due from banks 1,181,633.20 U. S . Gov't deposits ____ _ 201,133.30
Public funds __________ _ 171,305.35
Deposits of banks ______ _
15,000.00
Total dep. __ $2,905,155.22
Total _ --------------$3,054,200.96

Total _______________ $3,054,200.96

,.

Thirty-First Report

63

PEOPLES BANK, MAMMOTH SPRING
Population, 666.

Fulton County

Chartered February 8, 1921.

~/
Officers
J. F. Martin ______________ President
\/Qell Brown ___________ Vice PresidE;nt
~ CW~l?_V\_ _ _ __~ ~ e r

~°;

1

15

Transit Number 81-645

.,,Jlirectors
/
Dell Brown
/
J. R. Martin
~Cloy H. C~lver Y .
L. M. Plumlee .,,,,,,
J. F. Martm ..,------

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 9,878.72
Overdrafts ______________
21.93
U. S. Gov't obligations ____ 306,000.00
Other bonds and securities
70.40
Furniture and fixtures____
105.00
Banking house __________
1,055.00
'Cash and due from banks_ 345,757.82

Liabilities
Capital stock ------------$ 10,000.00
Surplus fund ____________ 10,000.00
Undivided profits ________
3,941.53
Demand deposits ________ 628,005.53
U. S. Gov't deposits ______
290.97
Public funds ------------ 10,650.84
Total deposits--$638,947.34

Total _________________ $662,888.87

Total _________________ $662,888.87

BANK OF MANSFIELD, MANSFIELD
Population, 1,002.

Sebastian County

Chartered February 16, 1939.

Officers
C. C. Graves ______________ President
G. R. Holbrook ________ Vice President
W. W. Holbrook _____________ Cashier

Transit Number 81-249

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

Directors
W.W. Holbrook
J. R. Hunter
G.G. Woods

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 110,436.98
Overdrafts ___________ _
23.70
U. S. Gov't obligations __ 757,000.00
72,636.12
Other bonds and securities
Furniture and fixtures __
1,731.00
Banking house ________ _
1.00
Cash and due from banks 366,383.33

Total _______________ $1,308,212.13

,1

e/

Liabilities
Capital stock ----------$ 30,000.oV
Surplus fund _________ _
36,000.00
Undivided profits _____ _
14,750.99
Reserves _____________ _
10,309.09
Demand deposits ______ _ 942,825.67
Time deposits _________ _ 163,432.99
U. S. Gov't deposits ____ _
57,834.85
Public funds __________ _
53,058.54
Total dep. __ $1,217,152.05
Total _ --------------$1,308,212.13

State of Arkansas: Bank Department

FARMERS AND MERCHANTS BANK, MARIANNA
Population, 4,449.
Chartered January 9, 1942.
Officers
H. L. Petty_ YIH
I kt President
W. V. Moye __ Vice Pres. and Cashier
Mrs. Nelle R. Stallings __ Asst. Cashier

Lee County
Transit Number 81-744

Directors
J. A. Kinard, Jr.
Ike Panich
G. W. Merrifield
H. L. Petty
W. P. Mixon
Harvey W. Wilson
W. V. Moye
W. B. Yancey

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ----$
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Cash and due from banks
Other resources _______ _

279,975.53
101,893.72
38.48
385,779.86
1,950.00
2,433.49
335,349.24
50.00

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
15,000,.00
Undivided profits _____ _
20,292.23
Demand deposits ______ _ 759,462.60
Time deposits _________ _
6,000.00
U. S. Gov't deposits ____ _ 111,424.25
Public funds __________ _ 137,229.13
Deposits of banks _____ _
8,062.11
Total dep. __ $1,022,178.09

Total _______________ $1,107,470.32

Total _ --------------$1,107,470.32

CITIZENS BANK, MARION
Population, 758.

. __

Crittenden County

Charte,·ed March 15, 1938.

Transit Number 81-742

Offi~e.rs
.,
Dire~rs
rry Barton _____y_,_(,:?__ President Berry Barton
A. J. Lumpkin
J. F. Fogleman _______ ~ President "Wilson P. Barton VAlex Stirewalt
\,,,,A. J. Lumpkin ______________ Cashier ..- J. F. Fogleman

G
~(?S"

i?,IY\. 1-/os J<.,iv~Ai~T

OF JUNE 30, 1945

Resources
Loans and discounts ----$ 117,508.21
Loans on commodities __ _
49,488.01
Overdrafts ___________ _
29.71
U. S. Gov't obligations __ 478,500.00
49,100.42
Other bonds and securities
Furniture and fixtures __
900.00
Banking house ________ _
2,800.00
Cash and due from banks 437,960.97

Liabilities
Capital stock __________ $ 40,000.-00
Surplus fund _________ _
20,000.00
Undivided profits _____ _
7,171.58
Demand deposits ______ _ 856,992.35
Time deposits _________ _
74,065.55
U. S. Gov't deposits ____ _
7,593.75
PuHic funds __________ _ 130,464.09
Total dep. __ $1,069,115.74

Total _______________ $1,136,287.32

Total _______________ $1,136,287.32

Thirty-First Report

65

MARKED TREE BANK, MARKED TREE
Population, 2,685.
Chartered March 3, 1932.

Poinsett County
Transit Number 81-705

L-

Officers
.
~
,Directors
.
J
~
B. Chapman ____________ President /whn Brunner
H. C. Dewey ✓
X'~n B1:"unner _________ V~ce Pres!dent ~ : B. Ch~pman
L. V. Ritter.....------_;_
:i;,. V. Ritter ___________ Vice President Milton Craft
,
✓
F. Falk __________________ Cashier
en Stewart_ ________ Asst. Cashier

JV~:

L-.rl.G O 4 D

.,

~,

STATEMENT OF JUNE 30, 1945
409,109.12
486,700.72
376.57
625,500.00
15,531.32
1,041.90
1,050.00
2.79,321.17

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
20,891.65
Demand deposits ______ _ 1,342,939.56
Time deposits _________ _
1,395.00
U. S. Gov't deposits ____ _ 201,331.25
Public funds __________ _ 165,399.53
Deposits of banks ______ _
11,673.81
Total dep. __ $1,722,739.15

Total __ :._ ____________ $1,818,630.80

Total _______________ $1,818,630.80

Resources
Loans and discounts ----$
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Cash and due from banks

THE CITIZENS BANK, MARSHALL
Population, 822.

Searcy County

Chartered February 26, 1940.

1,.,
Officers
"Mary Massey __ President and Cashier
". "' Aud Massey __________ Vice President
· -I _;J:. C. Baker_ __________ Vice President
. ,(Miss Jimmie BattershelLAsst.Cashier
' t

If

Transit Number 81 -715

Directors
/
J. C. Baker
Dewey Masse1/
M. F. Cash
.--Mary Massey
Leonard Coffman ✓ Ancil Mays ✓Aud Massey/

1/

_I,

STATEMENT OF JUNW'30, 1945
Resources
Loans and discounts ----$ 134,412.71
Overdrafts ___________ _
198.83
U. S. Gov't obligations __ 368,300.00
Other bonds and securities
4,537.63
Furniture and fixtures __
1,850.21
Cash and due from banks 548,179.12

Liabilities
Capital stock __________ $ 25,000.00
Surplus fund _________ _
8,500.00
Undivided profits _____ _
3,590.24
Demand deposits ______ _ 900,339.74
Time deposits _________ _
25,605.61
U. S. Gov't deposits ____ _
19,556.25
Public funds __________ _
74,886.66
Total dep. __ $1,020,388.26

Total _______________ $1,057,478.50

Total _______________ $1,057,478.50

66

State of Arkansas: Bank Department

/'1,:~-\.1 l

BANK OF MARVELL, MARVELL
Population, 830.

Chartered January 8, 1903.

Officers
Guy Robinson ____________ President
Y F. H. Webster ________ Vice President
H. B. Willis __________ Vice President
✓ Rachel Swift _______________ Cashier
V

v

Phillips County
Transit Number 81-393

Directors
Kennedy Graves/ Rachel Swift ,.-Edmund Hirsch ,
F. H. Webster.,.,.
Weldon Jackson
H.B. Willis ✓
Guy RoHnson - ·

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $151,536.61
Loans on commodities ____ 100,466.18
Overdrafts ______________
.85
U. S. Gov't obligations ____ 171,900.00
Other bonds and securities 24,000.00
Furniture and fixtures____
1,500.00
Banking house __________
4,450.00
Other real estate_________
5.00
Cash and due from banks_ 183,872.82

Liabilities
Capital stock ____________ $ 25,000.00
Surplus fund ____________ 25,000.00
Undivided profits ________ 14,354.34
Demand deposits ________ 548,367.06
Time deposits ___________
6,000.00
Public funds ____________ 19,010,.06
Total deposits __ $573,377.12

Total _________________ $637,731.46

Total _______ ----------$637,731.46

BANK OF McCRORY, McCRORY
Population, 1,010.
Chartered June 8, 1983.

.
Officers
I. N. Arnof_ _______________ President
Vance M. Thompson ___ Vice President
J. F. Watkins __ Vice Pres . ..end Oashic!

Woodruff County
Transit Number 81-261
I. N. Arnof
.John El. Btylffi'"
r-' y 1) ~

Directors
Vance M. Thompson

:J>

~J?2.Wi i.-c-2,-k----~;/JJtt~ :· - ..
~-,f~TY'! f [_f_C?/l,-tlfDATEMENT OF JUNE
188,994.79
174,557.45
404.06
633,400.00
133,421.85
1.00
1.00
206,514.07

30, 1945
Liabilities
Capital stock ----------$ 25,000.00.
Surplus fund _________ _
50,000.00
Undivided profits _____ _
11,151.72
Reserves _____________ _
3,000.00
Demand deposits ______ _ 911,693.03
U. S. Gov't deposits ____ _ 226,833.18
Public funds __________ _ 109,616.29
Total dep. __ $1,248,142.50

Total _______________ $1,337,294.22

Total _______________ $1,337,294.22

Resources
Loans and discounts ____ $
Loans on commodities___
Overdrafts _ ___________
U. S. Gov't obligations__
Other bonds and securities
Furniture and fixtures__
Banking house _________
Cash and due from banks

Thirty-First Report

67

•
McGEHEE BANK, McGEHEE
Population, 3,663.

Desha County

Chartered December 5, 1933.
Officers
W. E. Thompson ___________ President
G. H. Linaker _________ Vice President
R. G. Verser __________ Vice President
-, C. F. Sisco __________________ Cashier
Bess Thompson ________ Asst. Cashier
Marie Jeanneret_ ______ Asst. Cashier

Transit Number 81-585
R. L. Beck
C.B.Bowman
G. H. Linaker
J. L. Parker

Directors
R. B. Stone
W. E. Thompson
R. G. Verser

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 312,386.49
Loans on commodities___
1,026.01
Overdrafts _ ___________
1,529.24
U. S. Gov't obligations __ 1,934,626.86
Other bonds and securities 375,251.08
Furniture and fixtures__
1,959.05
Cash and due from banks 690,215.18

Liabilities
Capital stock ----------$ 75,000.00
Surplus fund _________ _
35,000.00
Undivided profits _____ _
19,611.12
Reserves _____________ _
5,037.59
Demand deposits ______ _ 2,071,482.82
Time deposits _________ _ 556,514.36
U. S. Gov't deposits ____ _ 309,051.39
Public funds __________ _ 245,296.63
Total dep. --$3,182,345.20

Total _______________ $3,316,993.91

Total _ --------------$3,316,993.91

(

lU

THE BANK OF MELBOURNE, MELBOURNE
Population, 567.
Chartered July 29, 1896.

/_'
Officers
Jl·
H. Miller _______________ President
A. J. Younger_ ________ Vice President

..--'Marean Pearson ____________ Cashier
/Opal Smith ____________ Asst. Cashier

Izard County
Transit Number 81-397
~• • .,...Directors
/'
R. L. Blair .....- /
E. B. Watts
/
G. H. Miller v
A. J. Younger y
R. G. Thompson V

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 43,617.72
Loans on commodities____ 52,502.97
Overdrafts ______________
34.93
U. S. Gov't obligations ____ 254,450.00
Other bonds and securities
8,876.61
Furniture and fixtures____
1.00
Banking house __________
500.00
Cash and due from banks __ 320,452.85

Liabilities
Capital stock ------------$ 15,000.00
Surplus fund ___________ _ 10,000.00
Undivided profits _______ _
4,341.21
Reserves _______________ _
110.01
Demand deposits _______ _ 502,233.30
U. S. Gov't deposits _____ _ 72,611.09
Public funds ___________ _ 76,140,.47
Total deposits __ $650,984.86

Total _________________ $680,436.08

Total _________________ $680,436.08

68

State of Arkansas: Bank Department

•

1p1/J,.I,
(_

THE UNIO~NK OF MENA, MENA
Population, 3,510.

Polk County

Chartered July 25, 1934.
Officers
W. J. Lauck _______________ President
W. A. Finks __________ Vice President
W. L. Boyd _________________ Cashier
_ Cl in lfeny
______ Asst. Cashier

Transit Number 81-98
W. L. Boyd
W. J. Lauck

Directors
-.,.hrin_Tcray

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ----$ 258,849.12
Overdrafts _ ___________
179.30
U. S. Gov't obligations __ 1,000,600.00
Other bonds and securities
55,347.00
Furniture and fixtures__
1,875.75
Banking house _________
8,550.00
Cash and due from banks 616,603.55

Liabilities
Capital stock* ---------$ 50,000.00
Surplus fund _________ _
15,000.00
Undivided profits _____ _
10,474.95
Reserves _____________ _
4,625.50
Demand deposits ______ _ 1,567,565.36
Time deposits _________ _ 113,298.21
U. S. Gov't deposits ____ _ 132,947.46
Public funds __________ _
48,093.24
Total dep. --$1,861,904.27

Total _______________ $1,942,004.72

Total _______________ $1,942,004.72

• First preferred stock with par value of $8,600.00 and common stock with par value of $41,400.00.

MONETTE STATE BANK, MONETTE
Population, 1,074.

Craighead County

Chartered December 29, 1936.

Transit Number 81-724

✓/
Officers
✓-· .
Direct4s
;,;.'aul Downs ______________ President ~obert Braden
fSidney Mangrum
J. H. Downs __________ Vice President Paul Downs
.
vRobert Braden ______________ Cashier
✓ Sidney Mangrum _______ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 583,177.20
Loans on commodities __ _
4,025.00
Overdrafts ___________ _
96.69
U. S. Gov't obligations __ 250,000.00
Furniture and fixtures __
1.00
Cash and due from banks 782,792.75

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
10,000.00
Undivided profits _____ _
21,303.67
Demand deposits ______ _ 1,388,662.17
Time deposits _________ _
43,475.64
U. S. Gov't deposits ____ _
5,006.25
Public funds __________ _ 126,644.91
Total dep. --$1,563,788.97

Total _______________ $1,620,092.64

Total _ --------------$1,620,092.64

Th~~~rt

~~.51f-,nC1-

69

4V

COMMERCIAL LOAN AND TRUST COMP ANY, MONTICELLO
Population, 3,650.

Drew County

Chartered November 29, 1912.
Officers

J. D. McCloy ______________ President
cCloy ___ Vice Pres. and Cashier
~rs. Mabel C. Sherry ___ Asst. Cashier

Transit Number 81-534

..,,.Directors
,,,,,,----·
J. A. Baxter
Joe McCloy
/
J. F. Brann v ..,...--L. D. McQuiston
L. W. Dillard ✓ John B. Posey
B. A. Hardy~---✓- _M. L. Sigmon
..,...--E. R. Lambert ✓ Virgil J. Trotter, Jr.--::..,.
J. D. McCloyv Lamar Williamson ✓

1/

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Other real estate ______ _
Cash and due from banks
Other resources _______ _

102,833.96
31.63
800,600.00
363,891.50
2,500.00
7,000.00
4.00
490,712.77
8,215.83

Liabilities
Capital stock ----------$ 60,000.00
Surplus fund _________ _
60,000.00
Undivided profits _____ _
11,560.43
Reserves _____________ _
30,000.00
Demand deposits ______ _ 1,263,213.88
Time deposits _________ _
81,306.46
U. S. Gov't deposits ____ _ 187,151.97
Public funds __________ _
77,556.95
Deposits of banks _____ _
5,000.00
Total dep. --$1,614,229.26

Total _ --------------$1,775,789.69

Total _ --------------$1,775,789.69

UNION BANK AND TRUST COMP ANY, MONTICELLO
Population, 3,650.

Drew County

Chartered September 15, 1915. Transit Number 81-156
Officers
.
Directors
.,,,Y· J. Trotter ______________ President VGeo. R. Campster Dr. M. Y. Pope'-"
~ - T. Cotham _________ Vice President ✓~. T. Cotham
R. F. Trotter~
~harles W. DanieL_ V. i:res. & Cash~er .,-'Chas. W. Daniel
V. J. Trotter...../[· E. Curry ________ Ass1stant Cashier vE. A. Lambert
Adrian Williamson .,..--~- E. Wheless ______ Assistant Cashier ~ - R. McCloy
M. F. Wright ......--·
• Virginia Pierce ____ Assistant Cashier ~ - H. Nunn
/,

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 344,637.83
Loans on commodities___ 130,000.00
Overdrafts _ ___________
292.32
U. S. Gov't obligations __ 1,403,801.00
Other bonds and securities 920,470.55
Furniture and fixtures__
1.00
Banking house _________
1.00
Cash and due from banks 819,482.32
Other resources ________
36,882,.32

Liabilities
Capital stock ----------$ 100,000.00
Surplus fund _________ _
75,000.00
Undivided profits _____ _
45,642.95
Reserves _____________ _ 100,000.00
Demand deposits ______ _ 2,069,483.53
Time deposits _________ _ 282,386.59
U. S. Gov't deposits ____ _ 697,429.99
Public funds __________ _ 269,182.52
Deposits of banks ______ _
16,442.76
Total dep. __ $3,334,925.39

Total _ --------------$3,655,568.34

Total _ --------------$3,655,568.34

State of Arkansas: Bank Department

70

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

Conway County

Chartered November 26, 1930.
Officers
R. H. Dickenhorst_ ________ President
S. E. McReynolds _____ Vice President
L. T. Oates ___________ Vice President
C. E. Linebarger ____________ Cashier
iw1 Ua,drins
______ Asst. Cashier

Transit Number 81-144

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

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts __ ---$ 424,168.56
Loans on commodities___ 567,731.60
Overdrafts _ __________
399.92
U. S. Gov't obligations __ 2,155,065.00
Other bonds and securities
29,615.20
Furniture and fixtures__
4,000.00
Other real estate_______
3,000.00
Cash and due from banks 1,410,847.65
Other resources ________
341.70

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _ 100,000.00
Undivided profits _____ _
30,093.90
Reserves ____________ _
6,000.00
Demand deposits ______ _ 3,843,111.37
Time deposits ________ _ 140,763.83
U. S. Gov't deposits ____ _ 237,739.96
Public funds __________ _ 184,359.34
Deposits of banks _____ _
3,101.23 _
Total dep. __ $4,409,075.73

Total _______________ $4,595,169.63

Total _ --<)'(5£,,__f_,Ja,595,169.63

,O~-'

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

Montgomery County

Chartered November 26, 1930.

(
v·

,
Officers
V. L. Beavers _____________ President
•/w. G. Whittington ____ Vice President

o n Beavers _______________ Cashier
Hilmon H. Duke _______ Asst. Cashier

Transit Number 81-404

John Beavers
L. L. Beavers
Glenn Hickey

Directors
A. Standridge
W. G. Whittington

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $124,520.78
U. S. Gov't obligations ____ 432,843.05
Other bonds and securities
5,919.26
Furniture and fixtures____
1,800.00
Banking house __________
3,000.00
Cash and due from banks __ 399,770.18

Liabilities
Capital stock* ----------$ 25,000.00
Surplus fund ___________ _
6,000.00
Undivided profits ______ _
7,673.60
185.29
Reserves_-------------Demartd deposits _______ _ 724,898.10
Time deposits __________ _ 92,899.49
U. S. Gov't deposits _____ _ 28,100.00
Public funds ___________ _ 83,096.79
Total deposits _$928,994.38

Total ________________ $967,853.27

Total _ ---------------$967,853.27

• First preferred stock with par value of $3,400.00 and common stock with par value of $21,600.00.

Thirty-First Report

71

THE PEOPLES BANK, MOUNTAIN HOME
Population, 927.
Chartered August 10, 1906.

Baxter County
Transit Number 81-402

/
Officers
Directors IC
.}:~ E. Curlee ______________ President -1Jon J. Bak(lr
Nat
Pin/
'I)on J. Baker _________ Vice President ~arle J. Bryant
Lon Jones
-1..on Jones _________________ Cashier ..-1\1. E. Curlee
./W. N. Baker ___________ Asst. Cashier
·
v1
r 1 •/
vRoy Bodenhamer _______ Asst. Cashier
. 1?, /q () R, \t' f\ IV
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vC
e ff. /l1 f(,V / 1 : /
·
STATEMENT OF JUNE 30, 1945

0 ,

/

t. 5ft

Resources
Loans and discounts _____ $ 139,613.84
Overdrafts _ _________ _
2,822.38
U. S. Gov't obligations __ 884,100.00
1,000.74
Other bonds and securities
Furniture and fixtures __
570.00
Banking house ________ _
2,300.00
Other real estate ______ _
1.00
Cash and due from banks 1,070,009.34

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
14,335.59
Demand deposits ______ _ 1,824,984.72
Public funds __________ _ 201,723.23
Deposits of banks ______ _
9,373.76
Total dep. --$2,036,081.71

Total _______________ $2,100,417.30

Total _______________ $2,100,417.30

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BANK OF MOUNTAIN VIEW, MOUNTAIN VIEW
Population, 745.
Chartered July 21, 1915.

Stone County
Transit Number 81-403

-·-~-

Officers
/~:.,,.---.:-Dire:c:;,:t~o:,;rs~""'"----xey ______________ Presidenf.A. A. Lancaster * von Rosa
___________ Vice Presiden VN. C. Maxey
~.:J, 'I'. Stniill
/
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h'
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.,.< 0 ' , ' • ..Pf
VM•
M. LLancas t er ________A_____ C
cash~e
.,___ 1-· )/YF/l 7e
ief
-..
✓
•
• ancaster_______ sst.
as 1e1
· ··
'
;

r(/
"------- ..✓ 0-lf•C L-f-! t< 'l-·

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 23,319.00
U. S. Gov't obligations ____ 275,900.00
Furniture and fixtures____
1.00
Banking house __________
1,000.00
Cash and due from banks_ 457,606.01

Liabilities
Capital stock -------,-----$ 25,000.00
Surplus fund ____________ 11,000.00
Undivided profits ________
4,834.40
Demand deposits ________ 642,741.02
Public funds _ __________ 74,2.50.59
Total deposits _$714,991.61

Total ________________ $757,826.01

Total __ _:~------------$757,826.01

72

State of Arkansas: Bank Department

BANK OF MULBERRY, MULBERRY
Population, 973.

Crawford County

Chartered January 15, 1902.
/

Officers
S. B. Stevinson ____________ President
vi'. J. House _____ Vice Pres. & Cashier
~ s . T. J. House _______ Asst. Cashier

Transit, Number 81-257
Directors
C. R. Counts/
J. D. Jackson ✓
J. M. Farmer
S. B. Stevinson./
T. J. House/
Horace Wagner V

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $123,714.63
Loans on commodities____ 17,891.05
U. S. Gov't obligations ____ 477,850.00
Other bonds and securities
9,815.20
Furniture and fixtures____
286.00
Banking house __________
200.00
Other real estate_________
2.00
Cash and due from 1:anks __ 272,660.26
Other resources _________
250.00

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 15,000.00
Undivided profits________ 10,417.88
Demand de:posits ________ 775,499.44
Time deposits ___________
8,134.40
U. S. Gov't deposits______ 32,211.55
Public funds ____________ 36,405.87
Total deposits _$852,251.26

T-ot.aI ________________ $902,669.14

Total ________________ $902,669.14

PIKE COUNTY BANK, MU,RFREESBORO
Population, 835.

Pike County

Chartered December 19, 1904.

Transit Number 81-405

,
Officers
....--Di~ors
,, , T. F. Alford ______________ President /y' F. Alford
V!\tts. Delia Pennix
v, Mrs. Delia Pennix _____ Vice President
J. N. Hipp
1/"M. G. Terrell
t' J. N. Hipp __________________ Cashier v'M:rs. Mattie Kelley
~ C. H. Rutherford _______ Asst. Cashier
STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $ 15,039.56
U. S. Gov't obligations ____ 307,100.00
Other bonds and securities
4,415.58
Furniture and fixtures____
1.00
Banking house __________
980.00
Other real estate_________
1.00
Cash and due from banks_ 451,432.50
Other resources _________
1,087.95

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 15,000.00
Undivided profits ____ ____ 16,663.39
Demand deposits ________ 624,006.27
Public funds ____________ 99,387.93
Total deposits _$723,394.20

Total _ ---------------$780,057.59

Total _ ---------------$780,057.59

Thirty-First Report

73

BANK OF NETTLETON, NETTLETON
Craighead County

Population, 909.

Chartered February 13, 1904.

/c.
A·

Officers
D. Kiech _______________ President
Fred Shauver _________ Vice President
/]:. E. Hale __________________ Cashier
✓:t(.· E. Thomas __________ Asst. Cashier

Transit Number 81-406

✓_,.-l)irectors
L. D. Kiech
E. E. Hale
Fred Shauver V
E. C. Kiech v·
H. C. Kiech ✓

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $
Loans on commodities __ _
Overdrafts __________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Cash and due from banks

245,462.57
415,720.37
2.06
653,900.00
62,000.00
1.00
900.00
272.387.07

Total _______________ $1,650,373.07

Liabilities
Capital stock ----------$ 40,000.00
Surplus fund _________ _
40,000.00
Undivided profits _____ _
12,515.46
Demand deposits _______ _ 1,504,912.98
U. S. Gov't deposits ____ _
1,639.40
Public funds __________ _
51,305.23
Total dep. __ $1,557,857.61
Total _______________ $1,650,373.07

.

..

BANK OF NEW ARK, NEW ARK
Population, 900.

Independence County

Chartered October 10, 1944.

Officers
J. C. Edwards_.:. ___________ President
W. J. Freeze __________ Vice President
v B. F. Adams ________________ Cashier
Austin Leeds __________ Asst. Cashier
V
'
\

.·

Transit Number 81-748

~---

~Ile

Directors

~-

J. C. Edwards ✓ .
W. J. Freeze

Magness

~

L. E. Wils·o· n _--

J. Y. Vl I I L--so ;y/✓

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 26,236.30
3.98
Overdrafts _ ____________
U. S. Gov't obligations ___ 202,409.91
318.00
Other bonds and securities
839.62
Furniture and fixtures____
Cash and due from banks_ 203,326.10

Liabilities
Capital stock ------------$ 25,000.00
5,000.00
Surplus fund ____________
834.00
Undivided profits ________
Demand deposits ________ 392,579.04
9,719.91
Public funds ____________
Total deposits _$402,298.95

Total _ ---------------$433,133.91

Total _ ---------------$433,133.91

74

State of Arkansas: Bank Department

-·lBANK OF NEW EDINBURG, NEW EDINBURG
Population, 500.

Cleveland County

Chartered August 22, 1904.
Officers
E. T. Attwood _____________ President
C. B. Attwood ________ Vice President
Ray Attwood _______________ Cashier

Transit Number 81-408
Directors
C. B. Attwood
E. T. Attwood
Ray Attwood

~1'rz::_:::oi,,-_
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·

STATEMENTOFJUNE3~1W5

.

Resources
Loans and discounts ______ $ 20,435.61
U. S. Gov't obligations ___ 152,143.21
Other bonds and securities 14,167.45
Furniture and fixtures____
250.00
Banking house __________
50.00
Cash and due from banks_ 157,050.00

Liabilities
Capital stock ------------$ 12,500.00
Surplus fund ___________ _ 12,500.00
Undivided profits _______ _
1,947.14
Demand deposits _______ _ 255,890.37
Time deposits __________ _ 18,213.36
U. S. Gov't deposits _____ _
4,329.55
Public funds ___________ _ 38,715.85
Total deposits _$317,149.13

Total ________________ $344,096.27

Total _ ---------------$344,096.27

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THE TW:;u~:::,:~:~. N;u::s:i ~::~; ROCK

Chartered March 21, 1935.

Officers
Henry 0. Topf_ ___________ President
R. J. Rice ______ Vice Pres ..,. Qustder
J. G. Dickson __ ~
_____ Asst. Cashier
Ray 0. Clifton____ ___ Asst. Cashier
DeWayne Jones__ ___ ..-..-.cashier
Dan E. Kays __________ Asst. Cashier

Transit Number 81-54
Directors
R. J. Rice
J. E. Wright
Henry 0. Topf

STATEMENT OF JUNE 30., 1945
Resources
Loans and discounts _____ $ 786,232.83
Loans on commodities___ 125,800.00
U. S. Gov't obligations __ 3,087,097.70
Other bonds and securities
76,167.57
Furniture and fixtures__
2,400.00
Banking house _________
21,000.00
Cash and due from banks 2,106,783.29

Liabilities
Capital stock __________ $ 100,000.00
Surplus fund _________ _ 100,000.00
Undivided profits _____ _
24,698.40
Demand deposits ______ _ 5,141,679.65
Time deposits _________ _ 263,794.86
Public funds __________ _ 575,308.48
Total dep. --$5,980,782.99

Total _______________ $6,205,481.39

Total _______________ $6,205,481.39

.

Thirty-First Report

75

MISSISSIPPI COUNTY BANK, OSCEOLA
Population, 3,226.
Chartered March 15, 1928.
Officers

vC. B. Wood _______________ President
/G. H. Florida _________ Vice President
. ,S. G. Lockhart__ Vice Pres. & Cashier
,.,--Vivian Scurlock ________ Asst,. Cashier

Mississippi County
Transit Number 81-387
Djrectors
G. H. Florida.,...-, , H.F. Ohlendorf
Abe Liverant ✓, C. B. Wood .,......-S. G. \Lockhart ✓

✓

STATEMENT OF JUNE 30·, 1945
Resources
Loans and discounts _____ $
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Other real estate ______ _
Cash and due from banks

668,654.96
582,481.98
181.65
588,900.00
16,600.00
630.00
1.00
1.00
964,884.00

Liabilities
Capital stock ----------$ 75,000.00
Surplus fund _________ _
65,000.00
Undivided profits _____ _
28,800.12
Reserves ____________ _
7,323.37
Demand deposits ______ _ 1,960,225.00
Time deposits _________ _ 319,409.00
U. S. Gov't deposits ____ _ 226,549.49
Public funds __________ _ 140,027.61
Total dep. __ $2,646,211.10

Total _______________ $2,822,334.59

Total _______________ $2,822,334.59

THE PLANTERS BANK, OSCEOLA
Population, 3,226.
Chartered April 13, 1944.
/.,

Mississippi County
Transit Number 81-745

,.,,,,,,
Directors
Joe T. Cromer
Faber A. White , /
/C. E. Dean _____ Vice Pres. & Cashier ✓ c. E. Dean
L. C. B. Young /
~- J. F. Herndon __________ Asst. Cashier ✓ W. J. Driver, Sr.
/Miss Marjorie Doyle ____ Asst. Cashier
v

Officers

W. J. Driver, Sr.-: _________ PresidE;nt

STATEMENT OF JUNE 30,, 1945
Resources
Loans and discounts _____ $ 333,327.92
U. S. Gov't obligations __ 600,500.00
50,000.00
Other bonds and securities
Furniture and fixtures __
5,782.49
Cash and due from banks 422,138.44
Other resources ______ _
7,928.70

Liabilities
Capital stock ----------$ 75,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
8,147.14
Demand deposits _____ _ 905,220.71
U. S. Gov't deposits ____ _ 220,171.32
Public funds __________ _ 181,138.38
Deposits of banks ______ _
5,000.00
Total dep. __ $1,311,530.41

Total _______________ $1,419,677.55

Total _______________ $1,419,677.55

--

State of Arkansas: Bank Department

76

JI

BANK OF OZARK, OZARK
Population, 1,402.

Franklin County

Chartered June 9, 1937.

Transit Number 81-727

Officers
Directors
~ W. A. Hudspeth ____ Pres. and Cashier• 1 )N. A. Hudspeth
Jeta Taylor l
v Frank N. Johnston ____ Vice President VFrank N. Johnston
Romie Wilson

t..--

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ___ _
Loans on commodities __ _
Overdrafts ___________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Cash and due from banks

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
15,000.00
Undivided profits _____ _
4,602.89
Demand deposits ______ _ 1,120,414.23
Public funds __________ _ 132,261.33
Total dep. --$1,252,675.56

135,153.79
5,000.00
172.40
662,928.13
8,123.39
200.00
3,200.00
483,000.74

Other liabilities _______ _

Total _ ---.. ----------$1,297, 778.45

500.00

Total _ -------------$1,297,778.45

'E SECURITY BANK AND TRUST COMP ANY, PARAGOULD
Population, 7,079.

Greene County

Chartered February 5, 1931.

Transit Number 81-82

Officers
Directors
Jas. W. Alexander _________ President • Jljl,S. W. Alexander S. P. McHaney ,/
• S. P. McHaney ________ Vice President
R. Browning
L. G. Staub
r✓
" E. R. Browning _____________ Cashier W. E. Ellington
Ike Willcockson
Emily Meiser __________ Asst. Cashier~· J .• C. Honey
J.E. Winn /
.,,-,R. V.McCoy

A·

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 353,149.42
Loans on commodities___ 325,466.54
Overdrafts _ ___________
82.46
U. S. Gov't obligations __ 1,083,017.35
Other bonds and securities 161,009.23
Furniture and fixtures__
1,494.51
Banking house _________
14,500.00
Cash and due from banks 1,044,384.64

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
55,828.54
Reserves _____________ _
4,456.00
Demand deposits ______ _ 1,674,693.07
Time deposits _________ _ 517,479.88
U. S. Gov't deposits ____ _ 364,499.50
Public funds __________ _ 266,069.05
Total dep. --$2,822,741.50
Other liabilities _______ _

Total _ --------------$2,983,104.15

78.11

Total _ --------------$2,983,104.15

Thirty-First Report

77

BANK OF P ARKpALE, PARK DALE
Population, 278.

Ashley County

Chartered February 1, 1910.

v"l:
.fr'"
Officers
:;it;:::G. Williams ____________ President
✓ J.

H. Caldwell ---~----Vice President

.,,4. P. CaldwelL ______________ Cashier

Transit Number 81-416
Directors
J. . Caldwell v
urftt 8. WtHimt\..;
. A. Williams~/

------.11c)~/.;> (fl L ,o vve // ~

STATEMENT OF JUNE 30·, 1945
Resources
Loans and discounts ______ $ 75,326.12
Overdrafts ______________
128.26
U. S. Gov't obligations____ 76,900.00
Furniture and fixtures____
480.55
Cash and due from banks_ 235,491.21

Liabilities
Capital stock ------------$ 15,000.00
Surplus fund ____________ 20,000.00
Undivided profits ________ 24,012.66
Reserves _ ______________
1,000.00
Demand deposits ________ 281,122.86
Time deposits ___________ 25,239.82
Public funds ____________ 21,950.80
Total deposits __ $328,313.48

Total .-----------------$388,326.14

Total -----------------$3,88,326.14

II

. ...

. FIRST STATE BANK, PARKIN
Population, 1,412.
Chartered June 5, 1925.
Officers
H. L. Coldren, Sr. __________ President
, R. M. Lake ___________ Vice President
~rs. G. D. Carter ___________ Cashier
Mrs. Ida Mae Williams __ Asst. Cashier

v'

Cross County
Transit Number 81-676
Directors
F. E. Brenner
R. M.Lake
Mrs. G.D. Carter
N. E. Thomas
H. L. Coldren, Sr.

STATEMENT OF JUNE 30,, 1945
Resources
Loans and discount1, ______ $169,193.99
Loans on commodities ____ 48,760.69
U. S. Gov't obligations ____ 291,168.76
Furniture and fixtures____
1,251.90
Banking house __________
1,2.70.00
Other real estate_________
313.74
Cash and due from banks_ 340,327.01
Other resources _________
192.00

Liabilities
Capital stock ------------$ 25,000.00
Surplus fund ____________ 17,500.00
Undivided profits ________
9,226.04
Demand deposits ________ 666,433.01
U. S. Gov't deposits ______ 91,026.36
Public funds ____________ 43,265.36
Total deposits--$800,724.73
Other liabilities _________

Total _________________ $852,478.09

27.32

Total -----------------$852,478.09

State of Arkansas: Bank Department

78

}
BANK OF PEA RIDGE, PEA RIDGE
Population, 72.
Chartered May 6, 1911.

'

Benton County
Transit Number 81-468

Officers
W. T. Patterson ____ Pres. and Cashier
R. B. Patterson _______ Vice President
Alvin Armstrong _______ Asst. Cashier

Directors
W. T. Patterson
R. B. Patterson ~ - ,

.l..oy.d Patters.on

vv "( ("

.P

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ______ $116,226.40
Overdrafts ______________
135.45
U. S. Gov't obligations___
3,000.00
Other bonds and securities
3,000.00
Furniture and fixtures____
250.00
Banking house __________
800.00
Other real estate_________
1,432.55
Cash and due from banks_ 159,947.75

Liabilities
Capital stock* ----------$ 15,000.00
8,000.00
Surplus fund-----------Undivided profits ______ _
2,943.40
Demand deposits _______ _ 216,721.20
Time deposits __________ _ 25,166.59
Public funds ___________ _ 16,960.96
Total deposits __ $258,848.75

Total _________________ $284,792.15

Total -----------------$284,792.15

,,11 (

*First pr~rl,'Q stocl~;.h par value,~$2,000.00 a1lJi jlbmmon i,ck with

'..,,;,t," - ~ .~
~
1
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/' I_ PIGGOTT STATE BANK, PIGGOTT
~~.f

Population, 2,034.
Chartered March 10, 19'30.
V. C.
H. C.
R. R.
J. W.
Mary

Officers
Wright__ ___________ President
Robbins _________ Vice President
Hosey ________________ Cashier
Harris ___________ Asst. Cashier
B. Keith _________ Asst. Cashier

/;

'~

if r

value of $13,000.00.

, ~,,...,,

Clay County
Transit Number 81-698
Directors
H. C. Robbins
H.F. Leggett
V. C. Wright
G. Will Reves

J. W. Hamilton

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 139,143.68
Loans on commodities___
4,416.52
U. S. Gov't obligations __ 1,254,550.00
Other bonds and securities 120,405.15
Furniture and fixtures__
1.00
Banking ,house _________
5,000.00
Cash and due from banks 522,399.40
Other resources ________
.50

Liabilities
Capital stock __________ $ 30,000.00
Surplus fund _________ _
45,000.00
Undivided profits _____ _
17,323.63
Reserves _____________ _
10,000.00
Demand deposits ______ _ 1,514,611.13
Time deposits _________ _
70,683.60
U. S. Gov't deposits ____ _
95,571.01
Public funds __________ _ 262,726.88
Total dep. __ $1,943,592.62

Total _______________ $2,045,916.25

Total _______________ $2,045,916.25

,~~/

,, }1 ~ f

79

Thirty-First Report

(1-.)

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1/
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FIRST STATE BANK, PLAINVIEW
Population, 704.

Yell County

Chartered January 12, 1934.

Transit Number 81-243

✓,,Donald Barger Officers
.
,<.. . .
____________ President Bill Aikman

-V
~

Director~
/P. V: George,,....-,
"-.,. ,.,1\1, A. Vandover_ ______ Vice President .,.Donald Barger
C. . Law • ~
~infred Hopper ____________ Cashier /4. C. Breashears
S. W. Lofland
Mrs. Flora Keener_ ____ Asst. Cashier ... Walter Caviness
M.A. Vandover ,r-.,,,
/Willie Caviness
C. Wyss .,.........

(

STATEMENT OF JUNE 30·, 1945

Resources
Loans and discounts _____ $ 70,347.50
Loans on commodities __ _
51,565.10
U. S. Gov't obligations __ 831,640.00
68,396.36
Other bonds and securities
Furniture and fixtures __
1,263.60
Banking house ________ _
2,909.85
Other real estate ______ _
2.00
Cash and due from banks 427,050.29

Liabilities
Capital stock ----------$ 40,000.00
Surplus fund _________ _
20,000.00
Undivided profits _____ _
25,807.41
Demand deposits ______ _ 1,168,016.38
U. S. Gov't deposits ____ _
72,742.26
Public funds __________ _ 126,608.65
Total dep. __ $1,367,367.29

Total _______________ $1,453,174.70

Total _ --------------$1,453,174.70

2.

BANK OF POCAHONTAS, POCAHONTAS
Population, 3,028.
Chartered October 31, 1903.
✓,

Officers
.
Dr. J. W. Brown ________ .___ President
;\;;, L. Wtigl,t, :.~Y.il!e...Pi:esiaen-t
'4om Bigger __________ Vice President
v·-H. L. Haynes _______________ Cashier
.Freda-M.-B-rown _______ Asst. Cashier
~ic!"Ptrrdy __________ Asst. Cashier

-ff

Randolph County
Transit Number 81-297

Directors
F. E. Belford
H. L. Haynes
Tom Bigger
A. L. Wright
Dr. J. W. Brown

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 317,640.08
Loans on commodities___
4,100.00
Overdrafts _ ___________
445.67
U. S. Gov't obligations__ 664,420.00
Other bonds and securities
6,092.91
Furniture and fixtures__
13,068.94
Cash and due from banks 1,459,761.10

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
50,000.00
Undivided profits _____ _
14,169.30
Demand deposits ______ _ 2,014,417.66
Time deposits _________ _
8,201.64
U. S. Gov't deposits ____ _ 121,930.07
Public funds __________ _ 198,863.52
Deposits of banks ______ _
7,946.51
Total dep. __ $2,351,359.40

Total _______________ $2,465,528.70

Total _______________ $2,465,528.70

State of Arkansas: Bank Department

80

THE PEOPLES BANK, PORTLAND

i

Population, 518.
Chartered January 22, 1908.

/

Ashley County
Transit Number 81-248

Officers
II''
Directors
/'
A. J. Gregory _____________ President· .,J. W. Brown
H.H. Naff
-1,- W. Brown ________________ Cashier ✓ A. J. Gregory
,/tl, H. Naff_ ___________ Asst. Cashier
~

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 67,343.38
Loans on commodities ____ 77,180.52
Overdrafts _ ____________
69.94
U. S. Gov't obligations ____ 103,100.00
Furniture and fixtures____
1,000.00
Other real estate________
583.55
Cash and due from banks_ 193,346.17

Liabilities
Capital stock ------------$ 25,000.00 ·
Surplus fund ____________ 40,000.00
Undivided profits ________ 16,973.06
Reserves _, ______________
11.64
Demand deposits ________ 298,186.82
Time deposits ___________ 21,116.06
Public funds ____________ 41,204.37
Total deposits __ $360,507.25
Other liabilities ________ _

Total -----------------$442,623.56

131.61

Total _________________ $442,623.56

PORTLAND BANK, PORTLAND
Population, 518.
Chartered April 23, 1900.

Ashley County
Transit Number 81-247

✓-

Officers
✓
Directors
/2elix Pugh _______________ President H. E. Cockerham
Gus Pugh
f· B. Newcome, Jr. ____ Vice President YR. B. Newcome, Jr. Joe Pugh
vc. E. Larrison ______________ Cashier ✓Felix Pugh
✓·K. Thornton ___________ Asst. Cashier

1/,--

STATEMENT OF JUNE 30,, 1945

Resources
Loans and discounts ____ $ 44,155.92
Loans on commodities __ _ 176,517.34
U. S. Gov't obligations __ 286,479.85
21,940.00
Other bonds and securities
Furniture and fixtures __
1,300.00
Banking house ________ _
2,100.00
Other real estate ______ _
1.00
Cash and due from banks 656.895.82
- 1.00
Other resources _______ _

Liabilities
Capital stock ----------$ 20,000.00
50,000.00
Surplus fund--.------Unrlivided profits _____ _
35,961.23
Reserves _____________ _
7,000.00
Demand deposits _____ _ 976,873.31
Time deposits _________ _
98,717.57
Public funds _________ _
838.82
Total dep. _$1,076,429. 70

Total _______________ $1,189,390.93

Total _______________ $1,189,390.93-

Thirty-First Report

81

CITIZENS BANK, POTTSVILLE
Population, 308.
Chartered August 13, 1913.
Officers
P?H 6/foktey ____________-...£:cesiElet!t
_>X; H. Rankin _______ ~ Presid~nt
(

/Y

F

- ·

Transit Number 81-551
Directors
G. C. Owens v
W. H. Rankin
'1:t. n, :Q1ullle51 -\.
. _

/f"PN //~'·/ .µ /

G/.r,:eC.A~;;n"fs -;--;;--r.5;;;;-~;~~-shV~.

/t

Pope County

,r11 ~

.

~

'

_,.fl~ ,,_-~

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 13,848.00
Loans on commodities ___ _ 2,600.00
Overdrafts _____________ _
6.26
U. S. Gov't obligations ___ _ 55,900.00
Furniture and fixtures ___ _
100.00
Banking house _________ _
600.00
Other real estate ________ _
542.00
Cash and due from banks_ 174,721.41

Liabilities
Capital stock* ----------$ 20,000.00
Undivided profits _______ _
2,906.65
Demand deposits _______ _ 193,997.18
U. S. Gov't deposits _____ _ 13,622.38
Public funds ___________ _ 17,791.46,
Total deposits--$225,411.02

Total -----------------$248,317.67

Total -----------------$248,317.67

* First

/1

preferred stock with par value of $12,500.00 and common stock with pa1· value of $7,500.00.

~•FARMERS AND MERCHANTS BANK, PRAIRIE GROVE
/

Population, 887.

Washington County

Chartered August 29, 1904.

Transit Number 81-256

Directors
,..- Officers
D. Bogart_ _____________ President ' R. D. Bogart
J.C. Parks
✓ E. C. CarL ___________ Vice President
E. C. Carl
W. E. N. Phillips. ,,/1). E. Rieff_ ________________ Cashier ,_.W. H. Mock
D. E. Rieff v
✓ R.

y

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 201,597.46
Overdrafts _ _ ________ _
173.01
U. S. Gov't obligations __ 277,700.00
39,270.94
Other bonds and securities
Furniture and fixtures __
1.00
Banking house _______ _
1,000.00
Cash and due from banks 562,839.87

Liabilities
Capital stock _________ $ 30,000.00
Surplus fund ________ _
15,000.00
Undivided profits _____ _
23,851.00
Demand deposits _____ _ 791,448.26
Time deposits ________ _ 128,136.18'
U. S. Gov't deposits ___ _
74,832.54
Public funds _________ _
19,314.30,
Total dep. _$1,013, 731.28

Total _ -------------$1,082,582.28

Total _ -------------$1,082,582.28

State of Arkansas: Bank Department

:82

·yftJ
.
·
l
,

f

:,_/'

"U

BANK OF PRESCO'IT, PRESCOTT
Population, 3,177.

Nevada County

Chartered August 10, 1904.

Officers
Thos. C. McRae, Jr. ________ President
'Thos. M. Bemis ______ Vice President
Wren Scott_ _________ Vice President
W. R. Hambright __________ Cashier
'0. J. Stephenson ______ Asst. Cashier
J. A. Yancey __________ Asst. Cashier

Transit Number 81-140
Thos.
D. K.
Thos.
C. D.

Directors
M. Bemis
Chas. Tompkins
Bemis
Wren Scott
C. McRae, Jr. Sam T. White
McSwain
W. V. Tompkins

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ____ $ 95,869.85
Loans on commodities __
61,000.00
U. S. Gov't obligations __ 1,814,273.44
Other bonds and securities
63,968.52
Furniture and fixtures __
5,700.00
Banking house _______ _
10,500.00
Other real estate ______ _
1.00
Cash and due from banks 1,469,550.17
Other resources ______ _
16,215.75

Liabilities
Capital stock* ---------$ 97,500.00
Surplus fund _________ _
19,500.00
Undivided profits _____ _
22,222.85
Reserves ____________ _
26,617.50
Demand deposits _____ _ 2,926,183.17
Time deposits ________ _ 185,522.73
U. S. Gov't deposits ___ _
1,869.44
Public funds _________ _ 257,663.04
Total dep. _$3,371,238.38

Total ______________ $3,537,078.73

Total _ _____________ $3,537,078.73

·• First preferred stock with par value of $60.000.00 and common stock with par Talue of $37,500.00.

BANK OF QUITMAN, QUITMAN
Population, 393.

Cleburne County

Chartered August 15, 1903.

Transit Number 81-424

Officers
/'
Directors
·w. H. McNair_ ___________ President J. A. Bailey
W. H. McNair •
/
Ben F. Clark ___ Vice Pres. & Cashier vBen F. Clark
N. H. Tarver/
__,,, :Edith Ellis ____________ Asst. Cashier ~dith Ellis
.,,/ · .N. H. Tarver __________ Asst. Cashier
ST A TEMENT OF JUNE 30·, 1945
Resources
Loans and discounts _____ $109.099.52
Loans on commodities ___ 123,500.00
Overdrafts _ ___________
95.68
U. S. Gov't obligations ___ 424,029.17
Other bonds and securities 34,862.78
Furniture and fixtures___
1.00
Banking house _________
1.00
Other real estate________
2.00
Cash and due from banks 261,226.74

Liabilities
Capital stock -----------$ 25,000.00
Surplus fund ___________ 10,000.00
Undivided profits _______ 11,840.74
Demand deposits _______ 889,233.27
Public funds ___________ 16,743.88
Total deposits $905,977.15

Total _______________ $952,817.89

Total _ --------------$952,817.89

Thirty-First Report ·

83

THE BANK OF RECTOR, RECTOR

Population, 1,736.

Clay County

Chartered November 15, 1930.
Officers
· J. C. Hardin ______________ President
. Marlar ____ Executive Vice Pres•
. A. Harper ________________ Cashier
Claudia Justus _________ Asst. Cashie1·

~-

Transit Number 81-173

Directors
/
J.C. Hardinv .
J. A. Marlar
/
T. C. Justus ✓E. M. Purcell .,.....-

'

STATEMENT OP ,JUNE 30,, 1945

Resources
Loans and discounts ____ $ 300,950.87
Loans on commodities __
49,892.51
U. S. Gov't obligations __ 648,564.04
Other bonds and securities
72,625.22
Furniture and fixtures __
1,935.85
Cash and due from banks 217,512.43,

Liabilities
Capital stock* --------$ 25,000.00
Surplus fund _________ _
25,000.00
Undivided profits ____ _
12,428.22
Reserves ____________ _
10,000.00
Demand deposits _____ _ 1,088,643.88
U. S. Gov't deposits ___ _
85,267.97
Public funds _________ _
45,140.85
Total dep. _$1,219,052. 70

Total _ _ ____________ $1,291,480.92

Total ______________ $1,291,480.92

• First preferred stock with par value of $10,000.00 and common stock with par value of $15,000.00.

)/'
FARMERS AND MERCHANTS BANK, REYNO

Population, 346.

Randolph County

Chartered December 8, 1911.

Transit Number 81-427

Officers
Directors
U.: I.. ~iulll!lm
F. E. Belford--r-0:Jll,..---President F. E. Belford
ls, k J;Jielu!e@Ln_~IJJ!.W,N'_Cashier Freda M. Brown
Harrell Simpson
Vada Mae ~edith ____ Asst-_~er Carl G, Dickson
(i/ e N N /:J'1"1J V\I I'(
y-rSTATEMI<.:NT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 60,786.52
Overdrafts _ _ __________
719.66
U. S. Gov't obligations__
8,001.36
Banking house _________
1.00
Cash and due from banks 200,449.66

Liabilities
Capital stock ----------$ 10,000.00
Surplus fund ___________ 10,000.00
Undivided profits _______ .3,695.80
Reserves _ _____________
· 34.50
Demand deposits _______ 244,620.16
Public funds ____________
1,607.74
Total deposits _$246,227.90

Total _ --------- ·----$269,958.20

Total _ ______________ $269,958.20

84

State of Arkansas: Bank Department

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

Cleveland County

Chartered March 7, 1932.
Officers
,J. L. Moore _______________ President
J. E. McCoy _________ Vice President
J. L. Sadler __________ Vice President
Herman Davidson __________ Cashier
Robert L. Searcy ______ Asst. Cashier
Edna MitcheL _________ Asst. Cashier

v
V

Transit Number 81-428
Directors
Herman Davidson Jo Nichol
J. E. Goggans
J. L. Sadler
J. E. McCoy
Max M. Smith
R. T. McCoy
B. W. Thomasson
.J. L. Moore

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 87,550.57
U. S. Gov't obligations __ 621,258.43
Other bonds and securities 15,338.02
Furniture and fixtures___
365.00
Banking house __________
2,100.00
Other real estate________
15.00
Cash and due from ranks 159,122.24
Other resources __ ______
1.00

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund ___________ 25,000.00
Undivided profits _______
6,422.59
Reserves _ _____________ 16,889.66
Demand deposits ________ 658,709.05
Time deposits __________ 65,636.73
Public funds ___________ 87,248.48
Deposits of banks_______
843.75
Total deposits $812,438.01

-~<t4.$_____ $885,750.26
f\.-(t1 .010
\..../

Total _

..__,;'

Total _ --------------$885,750.26

Population, 5,927.

Pope County

rtered December 23, 1897.

Transit Number 81-119

Officers
,/
Dir~'rs
Geo. S. NeaL _____________ President M. J. Hickey
/ ' George S. Neal
✓· AL L. Jenkins ________ Vice President "R. L. Jenkins
T. R. Rye
/ M. J. Hickey _______________ Cashier , A. J. Mathews

/

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' l '-

c·

,~-.t

1 '/

\ '

J 1)/j 1y ,!'(..- '.1- --1/~--' '

S'l¼T¥1ENT OF JUNE 30·, 1945

Resources
Loans and discounts ____ $ 272,181.80
Loans on commodities __ 128,056.71
303.29
Overdrafts _ ---------U. S. Gov't obligations __ 1,217,745.00
Other bonds and securities 223,967.48
Banking house _______ _
15,000.00
Other real estate ______ _
20.00
Cash and due from banks 1,253,938.68
Other resources ______ _
648.00

Liabilities
Capital stock ---------$ 100,000.00
Surplus fund _________ _
20,000.00
Undivided profits _____ _ 137,741.52
Demand deposits _____ _ 1,936,194.88
Time deposits _______ _ 537,465.25
U. S. Gov't deposits ___ _ 225,573.14
Public funds _________ _ 144,015.71
Deposits of banks _____ _
10,870.46
Total dep. _$2,854,119.44

Total _ -------------$3,111,860.96

Total ______________ $3,111,860.96

.,

'!r ., ,

IC· :
...... \

',,·.

,v

\rf

Thirty-First Report

85

j

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. v- '
, ~~t\.t
{Y
-

-

'LES EXCHANGE BANK, RUSSELLVILLE
Population, 5,927.

Chartered March 24, 1890.

✓,

Officers
L. B. McClure _____________ President
(
v" Q.onald Barger __ Executive Vice Pres.
, ___ _.4ohn T. Little _______________ Cashier
£. ij :AlliiilOn __________ Asst. Cashier

ff,:;-~-;,et-

er t.1-r7t. e

11

I/

Pope County
Transit Number 81-118
Direetors
Donald Barger ,../ L. B. McClure .,,.Lee Cheek ;::.,.--A. B. Priddy~
G. M. Cook
E. A. Shinn .r
I. A. Laws •
J. Madison White
Jno. W. Leonard V""'

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 328,075.85
Loans on commodities__ 168,842.75
Overdrafts _ __________
6.98
U. S. Gov't obligations __ 1,333,144.50
Other bonds and securities
88,850.00
Furniture and fixtures__
1,550.00
Banking house ________
15,000.00
Other real estate_______
6.00
Cash and due from banks 946,22.9.77

Liabilities
Capital stock ----------$ 100,000.00
Surplus fund ---------20,000.00
Undivided profits __ ____
42,252.26
Demand deposits ______ 2,071,894.04
Time deposits _________ 243,127.00
U. S. Gov't deposits____ 207,014.08
Public funds __________ ' 127,487.84
Deposits of banks______
69,930.63
Total dep. _$2,719,453.59 \

Total _______________ $2,881,705.85

Total _ _____________ $2,881,705.85

A5~£.a\ ,vf
I

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,, J.;

BANK OF SALEM, SALEM
Population, 574.
Chartered December 9, 1908.

Fulton County
Transit Number 81-430

, ~
Officers
~
Directors
\,
..Rex Castleber!y ___________ Pres!dent~ayCastleberry
.H. J. Hu.mphries
~ H: J. Humphries ______ Vice Presid~n
·· Rex Castleberry
::/Fay Castleberry ____________ Cashier
✓,v',,Co!win Mosey _________ Asst. Cash!er
/ r/AI ~ ..11/J.
✓ Ahce Gray ____________ Asst. Cashier
l-ri I y I .,.;I T/ f! ·

'1L

/

r!

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 196,657.31
Overdrafts __________ _
683.25
U. S. Gov't obligations __ 190,500.00
2,706.59
Other bonds and securities
Banking house _______ _
1,400.00
Cash and due from banks 669,333.74

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
10,000.00
Undivided profits ____ _
11,938.33
Demand deposits _____ _ 924,771.29
Time deposits ________ _
24,787.60
U. S. Gov't deposits ___ _
3,881.25
Public funds _________ _
60,369.93
Total dep. _$1,013,810.07
Other liabilities ______ _

Total _ -------------$1,061,280.89

532.49

Total _ -------------$1,061,280.89

,,_-·

86

State of Arkansas: Bank Department

LOGAN COUNTY BANK, SCRANTON
Population, 322.
Chartered April 7, 1926.
.

Officers

✓J. D. Knight_ _____________ President

Logan County
Transit Number 81-686

(§

..,.

Leonard Ahne ________ Vice President
✓ Fr:ank Ahne _______________ Cash~er
v'M1ldred Ahne _________ Asst. Cashier

Directors
Leonard A.hne.•
J. D. Knight
Mildred Ahne ~ ~
F/ffllfr'. ,..:;'/, IY<::;:'..... 1 /
•/ ,
",

t/

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $159,630.43
Loans on commodities ___ 38,800.00
Overdrafts _ _____ ______
78.63
U. S. Gov't obligations ___ 177,500.00
Other bonds and securities
258.97
Furniture and fixtures_ __
1.00
Banking house __________
200.00
Cash and due from banks 504,377.73

Liabilities
Capital stock ___________ $ 15,000.00
Surplus fund ___________
7,500.00
Undivided profits _______ 10,371.83
Reserves _ _____________
7,000.00
Demand deposits ________ 739,723.22
Time deposits__ ________ 53,670.41
U. S. Gov't deposits______ 29,431.25
Public funds _ __________ 18,150.05
Total deposits $840,974.93

Total _ ______________ $880,846.76

Total _______________ $880,846.76

THE SEARCY BANK, SEARCY
Population, 3,670.
Chartered May 1, 1943.

White County
Transit Number 81-154

Officers
(} ~
Directors
Thomas A. Watkins ______ - ~ d..• Cal Aclin
Thomas A. Watkins./
v Ewing P. Pyeatt
F
I S P! hes. , Ewing P. Pyeatt Harry K. Wood
✓
/ Harry K. Wood _______ Vice President , Hubert Smith
/Frank Leavitt ______________ Cashier
✓ Marian Schwarz _______ Asst. Cashier

v·

STA',l'EMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 573,329.35
Loans on commodities __ 313,599.53
Overdrafts _ _________ _
3.70
U. S. Gov't obligations __ 925,963.58
Other bonds and securities 462,822.85
Furniture and fixtures __
3,000.00
Cash and due from banks 1,434,795.83

Liabilities
Capital stock* --------$ 100,000.00
Surplus fund _________ _
20,000.00
Undivided profits ____ _
35,908.24
Reserves ____________ _
5,770.00
Demand deposits _____ _ 2,917,741.97
U. S. Gov't deposits ___ _ 280,303.56
Public funds _________ _ 307,474.36
Deposits of banks _____ _
46,316.71
Total dep. _$3,551,836.60

Total _ _____________ $3,713,514.84

Total _ -------------$3,713,514.84

• First preferred stock with par value of $46,000.00 and common stock with par value of $54,000.00.

Thirty-First Report

87

~/~

'·

I. t, f1..1S
THE SECURITY BANK, SEARCY
n
C

,,,.

f (2, ~

1

Population, 3,670.

\chartered February 6, 1932.

/.'-;;;

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White County
Transit Number 81-153
Directors
H. M. Thompson
Geo. D. Booth
J. L. Walker
B. C. Huddleston
E. 0. Yancey
K. B. Rand
Ray A. Yarnell
J. W. Sanford
A. J. Stephens

Officers
-J.,::.::i,;. ¥.'a}lre+-:,._____________ President
'-B-. C. Huddleston ______ Vice President
A. J. Stephens ________ Vice President
E. 0. Yancey ___ Vice Pres. & Cashier
C. N. Shoffner ________ Asst. Cashier
C. I. Stevens ___________ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $
Loans on commodities __ _
Overdrafts __________ _
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house ________ _
Other real estate ______ _
Cash and due from banks

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
75,000.00
Undivided profits _____ _
55,228.27
Demand deposits _____ _ 1,541,929.90
U. S. Gov't deposits ___ _ 180,239.44
Public funds _________ _ 142,394.17
Deposits of banks _____ _
16,665.53
Total dep. _$1,881,229.04

143,155.22
294,748.76
54.40
685,939.00
105,334.36
1.00
1.00
1.00
832,222.57

Total ______________ $2,061,457..3.1.

Total _ -------------$2,061,457.31

.

GRANT COUNTY
\
i/4-;.

'~ ·

.

'

'

BANK, SHERIDAN

Population, 1,338.
Chartered July 29, 1903.

. .
Officers
.
J. A. McCoy ______________ P1es1dent
A. L. Blakely ________ Vice President
Coats A. MitchelL __________ Cashier

.

Grant County
Transit Number 81-432

.

/
mrect~rs
.
C. A. McCoy✓A. L. Blakely v
J. A. McCoy
0. P. Cearley v
Coats A. Mitchell .. ✓
0. R. Kelly.......----

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 80,593.78
5,000.00
Loans on commodities __
U. S. Gov't obligations __ 658,500.00
1,750.00
Other bonds and securities
Furniture and fixtures __
729.93
Banking house _______ _
1.00
Cash and due from banks 480,397.09

Liabilities
Capital stock ----------$ 25,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
33,440.53
Demand deposits _____ _ 891,634.20
Time deposits _______ _
18,093.14
U. S. Gov't deposits ___ _ 119,253.49
Public funds _________ _ 114,550.44
Total dep. _$1,143,531.27

Total _ -------------$1,226,971.80

Total _ _____________ $1,226,971.80

88

State of Arkansas: Bank Department

BANK OF SHERRILL, SHERRILL
Population, 258.

Jefferson County

Chartered August 13, 1913.

Transit Number 81-556

V

Directors
Officers
A. R. Merritt_ ____________ President • E. L. Burgess ✓ Jim G. Ford
v· Jim G. Ford __________ Vice Presidentv R. P. Cratin
A. R. Merritt
v-Mrs. A. R. Merritt_ _________ Cashier
STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 69,483.24
Overdrafts _ ___________
1,608.47
U. S. Gov't obligations ___ 249,200.00
Other bonds and securities 46,678.04
Furniture and fixtures___
797.90
Banking house __________
2,000.00
Cash and due from banks 63,199.45

Liabilities
Capital stock* ----------$ 25,000.00
Surplus fund ___________
7,000.00
Undivided profits _______
3,885.37
Reserves _ _ ____________
9,000.00
Demand deposits _______ 301,610.92
Time deposits __ ________ 52,111.02
U. S. Gov't deposits___ __
1,631.25
Public funds ___ ________ 32,728.54
Total deposits $388,081.73

Total _______________ $432,967.10

Total _ ______________ $432,967:10

* First

preferred stock with par value of $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

Officers
.
D~tors
0. S. Westmoreland _______ Pres1dent y J. P. Pounders 0. S. Westmoreland
J. P. Pounders ________ Vice President /R. C. Pounders
R. C. Pounders _____________ Cashier
Atalee Pounders _______ Asst. Cashier
STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 6,512.96
Overdrafts _ ___________
5.92
U. S. Gov't obligations ___ 200,820.00
Furniture and fixtures___
1.00
Banking house _________
750.00
Cash and due from banks 134,611.47
Total _ ______________ $342,701.35

Liabilities
Capital stock -----------$ 5,000.00
Surplus fund __________ _ 4,400.00
Undivided profits ______ _
772.64
Demand deposits ______ _ 331,952.13
Public funds __________ _
576.58
Total deposits _$332,528. 71
Total -

--------------$342,701.35

Thirty-First Report

ot'I'/

V

89

;ATT-WASSON BANK, SILOAM SPRINGS
Population, 2,764.

Chartered April 8, 1932.
✓ ·

Officers
,Marion Wasson ____________ President
✓yol Wasson __________ Vice President
/Sadie Monroe ________ Vice President
-.,/Tom Whiteside ____________ Cashier
/
Elsie Sumner _________ Asst. Cashier

Benton County
Transit Number 81-706

Directors
Vol Wasson v·
Sadie Monroe ~
Elsie Sumner ✓
Tom Whiteside
Marion Wasson v

V

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ____ $ 268,804.19
Overdrafts _ __________
830.56
U. S. Gov't obligations __ 1,846,620.00
Other bonds and securities
93,271.60
Furniture and fixtures__
5 359.84
Banking house ________
5,400.00
Other real estate______
6.00
Cash and due from banks 930.416.00
Other resources _______
17,377.77

Liabilities
Capital stock* ________ $ 40,000.00
Surplus fund _________ _
10,000.00
Undivided profits _____ _
16,156.91
Reserves _ _ _________ _
31,800.00
Demand deposits _____ _ 2,537,654.01
Time deposits ________ _ 255,359.21
U. S. Gov't deposits ___ _ 219,102.67
Public funds _________ _
58,013.16
Total dep. _$3,C70,129.05

Total ______________ $3,168,085.96

Total ______________ $3,168,085.96

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.

SMACKOVER STATE BANK, SMACKOVER
Population, 2,235.
Chartered April 18, 1928.

Officers
J. E. Berry _______________ President
Mike Berg ___________ Vice President
L. E. Tennyson, Jr. _________ Cashier
R. N. Manley _________ Asst. Cashier

Union County
Transit Number 81-654
fr. L. Berg
Mike Berg
J.E. Berry

Directors
Homer T. Rogers
L. E. Tennyson, Jr,

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ____ $
U. S. Gov't obligations_
Other bonds and securities
Furniture and fixtures __
Banking house _______ _
Cash and due from banks
Other resources ______ _

157,677.44
337,195.32
198,137.25
3,946.50
3,500.00
760,617.30
6,847.31

Liabilities
Capital stock __________ $ 2.5,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
17,918.00
Reserves ____________ _
14,518.84
Demand deposits _____ _ 1,051,812.38
Time deposits ________ _ 174,374.35
U. S. Gov't deposits ___ _ 128,149.61
Public funds _________ _
31,147.94
Total dep. _$1,385,484.28

Total _ _ ____________ $1,467,921.12

Total _ _ __ ~--------$1,467,921.12

90

State of Arkansas: Bank Department
""-

I.-

CITIZENS BANK, SMITHVILLE

Population, 250.

Lawrence County

Chartered March 23, 1901.
Officers
Mrs. J. M. Street_ _________ President
Eagle Street_ ________ Vice President
Luke Johnston _____________ Cashier

gle Street
s. J. M. Street

STATEMENT OF JUN
Resources
Loans and discounts _____ $ 29,075.00
Loans on commodities___
7,000.00
Overdrafts _ _ __________
269.84
U. S. Gov't obligations __ 750,820.00
Other bonds and securities
1,331.05
Furniture and fixtures___
100.00
Banking house __________
300.00
Cash and due from banks 161,554.67

Liabilities
Capital stock -----------$ 10,000.00
Surplus fund ___________
5,000.00
Undivided profits _______
8,943.79
Reserves _ _____________
3,000.00
Demand deposits _______ 868,232.31
Public funds _ __________ 55,274.46
Total deposits $923,506.77

Total _ ______________ $950,450.56

Total _ ______________ $950,450.56

'

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·

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-/4ERCHANTS AND PLANTERS BANK, SPARKMAN

,.,,.

Population, 840.

Dallas County

Chartered September 19, 1916.
Officers
C. F. Sturgis _____________ President
vS. B. Horne __________ Vice President
~/ C. E. Hays _________________ Cashier

Transit Number 81-581

v·

C. E. Hayes
S. B. Horne
C. F. Sturgis

Directors
W. P. Sturgis
P.H. Taylor

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 35,184.15
Loans on commodities ___ 342,384.47
U. S. Gov't obligations ___ 230,157.50
Other bonds and securities 13,221.97
Furniture and fixtures___
100.00
Banking house _ ________
2,400.00
Other real estate________
1.00
Cash and due from banks_ 298,624.76
Other resources _________
1.00

Liabilities
Capital stock -----------$ 10,000.00
Surolus fund __________ _ 15,000.00
Undivided profits ______ _
2,472.96
Demand deposits _______ _ 845,224.34
Time deposits _________ _ 21,764.24
Public funds __________ _ 27,613.31
Total deposits $894 601.89

Total _______________ $922,074.85

Total _______________ $922,074.85

Thirty-First Report

t \

i.

.,'

/ ' / F I R S T STATE BANK, SPRINGDALE

rl"

91

Population, 3,319.

Washington County

Chartered February 12, 1923.

/
✓

Transit Number 81-856

Directors
Officers
Tom Hargis ______________ President
Shelby Ford
J. R. Joyce
Shelby Ford __________ Vice President T. L. Fowler
Dr. C., P. Sisco
Joe M. Steele _________ Vice President C. L. Geoi;ge
Joe M. Steele
J. R. Joyce __________ Vice President Tom Hargis
J. S. Watts
J. S. Watts __________ Vice President Elmer Johnson
A. P. Wilson
L. E. Johnson ___ tTJ, Vice PresidE;nt L. E. Johns~
T. L. Fowler ----ff~,r-.1. _____ Gnshm \/.P.
,.s.,_<,.
Mace D. HowelL ______ Asst. ~ . •
/ICC

.r.r. /31f-ilV

•,f'J'lf

s ; f . r ~ t ! t ~ N E 30, 1945

Resources
Loans and discounts ____ $ 463,790.84
U. S. Gov't obligations__ 974,737.00
Other bonds and securities 106,123.10
Furniture and fixtures__
1,300.00
Banking house ________
6,000.00
Cash and due from banks 1,159,547.79
Other resources
50.00

Liabilities
Capital stock ----------$ 40,000.00
Surplus fund _________ _
25,000.00
Undivided profits ____ _
14,594.67
Reserves _ _ _________ _
115.00
Demand deposits _____ _ 1,835,061.36
Time deposits _______ _ 494,561.14
U. S. Gov't deposits ___ _ 268,182.38
PuHic funds _________ _
34,034.18
·'Total .dep., _$2,q31,839.06 •

..

Total _ _____________ $2,711,548.73

Total _ -----~·______ .:$2,711,548.73

BODCAW BANK, STAMPS
Population, 2,405.

Lafayette County

Chartered December 8, 1902.
.
Officers
·/ C. L. Cabe _________________ President
./ Dr. F. E. Baker ______ Vice President
/ J. C. Cabe ___________ Vice President
,/A. P. Beasley_______________ Cashier
,./ R. H. Duty ____________ Asst. Cashier

Transit Number 81-436
Directors
/'
Dr. F. E. Bakeq,·· R. T. Boulware ~
A. P. BeasleyV
C. L, Cabe ~W.R. Boney
J.C. Cabe .,.,---

STATEMENT OF JUNE 30, 1945
112,532.15
158,317.19
411,310.00
157,673.61
100.00
1,000.00
87.52
442,213.84
4.00

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund _________ _
30,000.00
Undivided profits _____ _
51,124.16
Reserves _ _ _________ _
20,628.83
Demand deposits _____ _ 806,224.97
Time deposits _______ _ 183,985,93
U. S. Gov't deposits ___ _
84,510.57
Public funds _________ _
56,763.85
Total dep. _$1,131,485.32

Total _ _____________ $1,283,238.31

Total _ -------------$1,283,238.31

Resources
Loans and discounts_---$
Loans on commodities __
U. S. Gov't obligations __
Other bonds and securities
Furniture and fixtures __
Banking house _______ _
Other real estate ______ _
Cash and due from banks
Other resources ______ _

92

•
BANK OF STAR CITY, STAR CITY
Population, 1,090.

Lincoln Count

Chartered April 7, 1925.

Transit

7)£, ~

mber 81-43~

~.

r~c;, ~~ ~, _

!

Officers
W. R. Alsobrook __________ President
-.!0111 Offutt' ---------------~r
Isaac Chambers------~- Cashier

Directors
W.R. Alsobrook ✓ Clyde E. Fish ,., .,-,
Isaac Cha~b~s ✓ PMtl ~ffl!tt /
J. D. Cogbll 1 ·
G. D. Smith
/Y'l;
Zc r(tJ./311-f ___.. · l'lfQ ../
--· ·""TS:/' 1 Vt:..,.-r/< ,,_
"':ff~ I 't 'f;_,
I . t,
,..--- STATEM NT OF JUNE 30, 1945
· ·,
,,---.
Resources
Liabilities
Loans and discounts _____ $119,038.98
Capital stock __ --------$ 20,000.00
U. S. Gov't obligations __ 404,400.00
Surplus fund ___________ 20,000.00
Other bonds and securities 20,043.49
Undivided profits _ ______ 30,044.87
Furniture and fixtures___
2,100.00
Reserves _ _____________
4,040.00
Banking house _ ________
5,000.00
Demand deposits _______ 534,489.17
Other real estate________
3.00
Time deposits __________ 70,420.54
Cash and due from banks 320,203.75
Public funds ___________ 183,110.79
Deposits of banks___ ____
8,683.85
Total deposits $796,704.35

ss_

r

/2

ca-~

Total _ ___

1

_________ $870,789.22

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CITIZENS BANK, STRONG
Population, 762.

Officers
\ 0. B. Clark _______________ President
/ R. A. Burgess ________ Vice President
M. h. !JanoBil'"ii
________ Q.191€1
B. Finney _____________~ C~hier

~•,r;'"lri~"JJ()J";,€'/;,"J.Sa/y"
1' '
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STATEM
/t

t"':.?4" ~ Lt'(.

~...,,,.~L~LL(I

r-, ,,. .. ...;· -r ;
v / ...

Chartered January 19, 1931.

/

Total _ _ _____________ $870,789.22

Union County
Transit Number 81-441
~irectors
.
C. B. Bird
J. E. Cooper V
R. A. B u r g
v es~
'. ,- ,1.ewi~
..,....0. B. Clarkv ~r,I\J ':,/,! :;'fl

e:,

V v, '·

'

~T OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 49,587.26
Overdrafts _ ___________
3.28
U. S. Gov't obligations ___ 220,245.00
Other bonds and securities
2,000.00
Furniture and fixtures___
50.00
Banking house __________
400.00
Other real estate________
100.58
Cash and due from banks 3·63,308.22

Liabilities
Capital stock -----------$ 25,000.00
Surplus fund ___________ 20,000.00
Undivided profits _______ 12,006.65
Reserves _ _____________
1,060.07
Demand deposits _______ 516,849.20
Time deposits __________ 23,163.44
U. S. Gov't deposits_____ 25,373.63
Public funds _______ ____ 12,241.35
Total deposits $577,627.62

Total _ _ _____________ $635,694.34

Total _ ______________ $635,694.34

,~ /
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1

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Thirty-First Report

93

7t'

E FARMERS AND MERCHANTS BANK, STUTTGART
Arkansas County

Population, 5,628.

Transit Number 81-747

Chartered December 29, 1944.

Directors
D. C. McDonald
G. B. Shafer
G. H. Franzen
J. E. Townsend
R. F. Howe
Roy McCollum

Officers
Roy McCollum ____________ President
G. B. Shafer ____ Executive Vice Pres.
D. C. McDonald _______ Vice President
H. L. Cowling ______________ Cashier
Mrs. Ruth Rieger ______ Asst. Cashier

R. B. Curtis

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $ 38,588.02
U. S. Gov't obligations_ 771,164.82
Other bonds and securities 150,547.00
8,778.38
Furniture and fixtures _
Banking house _______ _
18,000.00
Cash and due from banks 468.693.76
Other resources ______ _
3;8o9.36

Liabilities
Capital stock _ --------$ 75,000.00
Surplus fund _________ _
25,000.00
Undivided profits ____ _
5,718.64
Demand deposits _____ _ 1,129,396.23
Time deposits _______ _
62,931.63
U. S. Gov't deposits ___ _
98,131.94
_
_________
funds
Public
53,402.90
Deposits of banks _____ _
10,000.00
Total dep. _$1,353,862.70

Total _ -------------$1,459,581.34

Total ______________ $1,459,581.34

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~

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BANK, TILLAR

Population, 229.

Chartered July 28, 1913.

Officers
• ~J-.1.
~ S . TerraL ______________ President

✓

Drew County
Transit Number 81-446

V. C. Harrell
C. H. Kimbro ________ Vice President I" C. H. Kimbro
VJ. H. Kimbro ______________ Cashier,.,. J. H. Kimbro
.
AM~ .. Qaseier
.v:;::::c::uarren:::- ---

Direct~o.:;rs;;..,."'l'l'I'=~----,.;
~- S. 'ierral ,.,...-W. S. Wood

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $, 20,460.80
U. S. Gov!t obligations __ 237,923.43
Other bonds and securities 57,975.16
.50
Furniture and fixtures___
.50
Banking house __________
Cash and due from banks 125,291.47

Liabilities
Capital stock -----------$ 2.5,000.00
Surplus fund ----------- 25,000.00
9,825.78
Undivided profits
Demand deposits ________ 303,647.56
U. S. Gov't deposits_____ 30,900.38
Public funds ___________ 47,278.14
Total deposits _$381,826.08

Total _________________ $441,651.86

Total _ --------------$441,651.86

94

State of Arkansas: Bank Department

---.

.,

I//
BANK OF TRUMANN, TRUMANN
/

l:y_

f7V

Population, 3,381.

/

r

Poinsett County

Chartered October 2.6, 1911.

t"c
.
-....
-.--1"':::=---, Officers
~- A. Cash __ ~ _____________ President

Transit Number 81-488
Directors .• ,....
M. T. Byrn
.r."1L Cash
Geo. 0. Campbell
Norris C. Taylor
Geo. B. Cash

Geo. 0. Campbell_ _____ Vice President
M. T. Byrn ___________ Vice President
Earl Yarbrough ____________ Cashier
Edith W. Dameron _____ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 366,142.70
Loans on commodities __
13,866.00
U. S. Gov't obligations __
60,000.00
Other bonds and securities
8,000.00
Furniture and fixtures __
1.00
Banking house _______ _
1,600.00
Cash and due from banks 1,257,021.66

Liabilities
Capital stock ----------$ 50,000.00
Surplus fund ________ _
55,000.00
Undivided profits _____ _
35,757.49
Reserves ____________ _
18,670.63
Demand deposits _____ _ 1,448,160.80
Time deposits ________ _
3,300.00
U. S. Gov't deposits ___ _
7,706.25
Public funds _________ _
88,036.19
Total dep. _$1,547,203.24

Total _ ____________ $1,706,631.36

Total _ ____________ $1,706,631.36

\
'

I
_

,i

BANK OF TUCKERMAN, TUCKERMAN
Population, 875.

Jackson County

Chartered November 8, 1902.

Transit Number 81-448

,
Officers
-✓-.
Directors
, .,JI",
F. L. Penix _______________ President ~- B. Armstrong
F. L. Penix
/
, R. 0. Norris __________ Vice President D. C. Dowell
A. S. Riegler
/ ,0. B. Armstrong ____________ Cash~er ,.,,R. 0. Norris
~ s . Shaver __________ Asst. Cashier
/
/

C:i. fl. ~ D ; ; i g ~ - f f - : ~ : ~ e : F JUNE 30, 1945
Resources
Loans and discounts _____ $ 99,150.18
U. S. Gov't obligations __ 101,016.60
Other bonds and securities
400.00
Furniture and fixtures___
1,000.00
Banking house __________
4,000.00
Cash and due from banks 742,131.02
Other resources ________
658.70

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund ___________ 10,000.00
Undivided profits
12,042.77
Demand deposits _______ 785,083.66
Time deposits ___________ 58,970.23
Public funds ____________ 49,759.84
Deposits of banks_______
7,500.00
Total deposits $901,313.73

Total -----------------$948,356.50

Total -----------------$948,356.50

Thirty-First Report

95

=~"'

BANK OF TUPELO, TUPEW

•

Population, 249.

Ja'ckson County

.
81-610
Cha,¥°"" May 25, 1919.
~tors
~
.
omc,rs .
H_.J.Snapp--.,.~--\,
President . Tom J.\Looney.,,,..., .. J. H. Snap.p
_Vice1 Pres1d.ent
Looney . _________
Tom,
'-' J,
;
\
---~Cashier.

rJ . .

~-

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i

\

STATF!MENT 01\ JUNE so;,1945

I
-'
\ Resour~s
\
Loans'., and discount-~.)~-- 44,258.55
1.00
Furnitlflre and. fixtures _
b 240,796.61
Cash and due 'fr-Oil.

'

C)

'ti

,

Total _ ______________ $285,056.16

Total _______________ $285,056.16

·V

/

i

Liab!lities
Capital :ftock .:.:::::'________ $ jl0,000.00
Surpl_l!s/fund ___________ ; 5,000.00
Undivided profits _______ / 5,653.64
Demand deposits _ ----~' 247,477.80
Public funds _________ _ 16,924.72
Total deposits $264,40r. 2
L

.
ENS BANK AND TRUST COMPANY, VAN BUREN
Population, 5,422. Crawford County

Chartered December 20, 1910,.

Transit Number 81-101

.,/ Directors
/
Officers
Joe C. McKinney
David T. Bryan ___________ President ~avid T. Bryan
Frank D. Pape~
,, Robert W. Gelly ______ Vice President Harry W. Bryan
, / Frank D. Pape _____________ Cashier ✓Robert W. Gelly
V

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ____ $ 46,304.90
U. S. Gov't obligations __ 1,425,196.82
Other bonds and securities 218,250.09
7,500.00
Banking house ________
1.00
Other real estate______
Cash and due from banks 474,451.21

Liabilities
Capital stock _________ $ 50,000.00
Surplus fund _________ _
25,000.00
Undivided profits _____ _
43,238.85
Reserves _ _ _________ _
50,687.52
Demand deposits _____ _ 1,590,352.45
Time deposits ________ _ 265,002.52
U. S. Gov't deposits ___ _
3,611.68
Public funds _________ _ 143,811.00
Total dep. _$2,002,777.65

Total _ ______________ $2,171,704.02

Total _______________ $2,171,704.02

State of Arkansas: Bank Department

96

PEOPLES BANK AND TRUST COMP ANY, VAN BUREN
Population, 5,422.

Crawford County

Chartered August 12, 1933.

v--·/

Officers
J. Izard ________________ President
Dell Miller _____ Vice Pres. & Cashier
Stewart Condren ______ Asst. Cashier

/J.

✓-·

Transit Numb€r 81-100
Directors
Hal Brow!\,
Dell Miller v
C. E. Izarct/
W. H. Phillips "
J. J. Izard,,.,
R. C. Rhodes •
A. W. Meier✓
Wylie B. Smith ✓

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 95,586.54
Overdrafts __________ _
164.07
U. S. Gov't obligations __ 1,062,000.76
92,940.05
Other bonds and securities
Furniture and fixtures __
1,800.00
Banking house _______ _
6,250.00
Other real estate _____ _
1.00
Cash and due from banks 617,688.60

Liabilities
Capital stock __________ s 50,000.00
Surplus fund ________ _
30,000.00
Undivided profits _____ _
10,972.78
Demand deposits _____ _ 1,253,0-29.94
Time deposits _______ _ 260,938.38
U. S. Gov't deposits ___ _ 159,896.57
Public funds ---------- 111,593.35
Total dep. _$1, 785,458.24

Total ______________ $1,876,431.02

Total ______________ $1,876,431.02

1
BANK O"WALDO, WALDO
Population, 1,240.

c.e
I .

)
T

Columbia County

Chartered September 2, 1899.
Officers

~ . --How~ _________ President

W. S. McKissack _____ Vice President
J. Thurston Howe!L ________ Cashier

Transit Number 81-265

_ Directors
~et!
W. S. McKissack
J. Thurston Howell

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 48,359.91
Loans on commodities ___ 137,000.00
U. S. Gov't obligations ___ 228,608.00
Other bonds and securities 13,006.00
Furniture and fixtures___
710.00
Banking house _______ __
2,900.00
Cash and due from banks 159,218.24
Other resources ________
100.00

Liabilities
Capital stock* ----------$ 25,000.00
Surplus fund ___________
5,000.00
Undivided profits _______
4,095.05
Reserves _ _____________ 10,137.16
Demand deposits ________ 475.348.64
Time deposits __________ 18,132.19
U. S. Gov't deposits_ ____ 27,844.21
Public funds ________ ___ 24,344.90
Total deposits __ $545,669.94

Total _______________ $589,902.15

Total _______________ $589,902.15

• First preferred stock with par value of $10,000.00 and common stock with par value of $15,000.00.

•

Thirty-First Report

97

THE PEOPLES BANK, WALDO
Population, 1,240.
Chartered June 22, 1910.

Columbia County
Transit Number 81-266

Officers
Directors
~✓
:; H. A. Fincher_ ____________ President Y ;E. F. Fincher
W. 0. Fincher
J. E. O'DanieL _______ Vice President ✓ G. L. Fincher
J. E. O'Daniel .,,,,-··
B .. L. Fincher _______________ Cashier ,.,H. A. Fincher
STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts ______ $ 54,551.10
Loans on commodities ___ 52,900.00
U. S. Gov't obligations ___ 361,500.00
Other bonds and securities 57,387.25
Furniture and fixtures___
1.00
Banking house _____ ____
1.00
Other real estate_________
1.00
Cash and due from banks_ 391,418.24

Liabilities
Capital stock -----------$ 25,000.00
Surplus fund ___________ 15,000.00
Undivided profits _______ 11,047.68
Demand deposits ________ 667,392.45
Time deposits __________ 80,184.92
U. S. Gov't deposits_____ 89,246.90
Public funds ------------ 29,887.64
Total deposits _$366,711.91

Total ________________ $917,759.59

Total ________________ $917,759.59

' A:,t.:J\i,'BANK OF wALDRON, wALDRON

lY f"

Population, 1,298.
Chartered April 3, 1901.

Officers
v W. B. Piles _______________ President
✓ C. E. Forrester _______ Vice President
' M. C. Bird _________________ Cashier
_..,,• Mollie E. Center _______ Asst. Cashier
~ C,v,1, l/ ,-f 1.: fr
c1i'/ ,, ,.,
STATEMENT CF

is

Scott County
Transit Number 81-239

Directors
W. A. Bates 1,----Miles Dozier
M. C. Bird ~C. E. Forrester v
Mollie E. Center r W. S. Mitchell ~ ·
Gene Davidson I
W. B. Piles ..JUNE 30, 1945

Resources
Loans and discounts ____ $ 169,635.67
Loans on commodities__
11,500.00
Overdrafts _ __________
333.73
U. S. Gov't obligations __ 1,126,100.00
Other bonds and securities
69,157.54
Furniture and fixtures_
125.00
Banking house ________
5,300.00
Cash and due from banks 743,268.79
Other resources _______
2,701.00

Liabilities
Capital stock ----------$ 50,000.00
Surolus fund _________ _
25,000.00
Undivided profits _____ _
7,948.99
Reserves _ _ _________ _
950.96
Demand deposits _____ _ 1,531,885.08
Time deposits ________ _ 197,601.18
U. S. Gov't deposits ___ _ 146,529.12
Public funds _________ _ 168,206.40
Total dep. _$2,044,221. 78

Total ______________ $2,128,121.73

Total _ -------------$2,128,121.73

98

State of Arkansas: Bank Department

MERCHANTS AND PLANTERS BANK, WARREN
Population, 2,516.

Bradley County

Chartered March 15, 1890.
/
.
Officeri;
.
/·Carl Hollis _______________ President
~ - B. Colvin _____ :-----Vice Presid~nt
,F. M. Holt _____ Vice Pres. & Cashier
,/ A. L. Moody __________ Asst. Cashier
.,· Mrs. Helen N. Harris __ Asst. Cashier

Transit Number 81-159

. .,,,»frectors
✓- ·
G. B. Colvm
J. E. Stewart ✓
Carl Hollis,.,,.J. C. Thompson
F'. M. Holt ✓
Arthur Weiss ,,.
J. P. Lambert v·
0. W. Wheless ✓
Dr. Rufus Martin v··

STA;t'EMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 264,931.95
Loans on commodities__
36,100.00
Overdrafts _ __________
137.51
U. S. Gov't obligations __ 1.005,947.00
Other bonds and securities 426,421.73
Furniture and fixtures__
2,067.89
Banking house ________
14,631.92
Cash and due from banks 995.086.52
Other resources _______
3,444.73

Liabilities
Capital stock _________ $ 75,000.00
Surplus fund ________ _
40,000.00
Undivided profits _____ _
28,438.12
Demand deposits _____ _ 1,714,327.56
Time deposits ________ _ 512,056.00
U. S. Gov't deposits ___ _ 267,438.02
Public funds _________ _ 106,732.45
Deposits of banks _____ _
4,777.10
Total dep. _$2,605,331.13

Total ______________ $2,748,769.25

Total ______________ $2,748,769.25

WARREN BANK, WARREN
Population, 2,516.

Bradley County

Chartered December 28, 1901.

Transit Number 81-160

Officers
.,/
Directors
~ouis Ederi~gton -----: ___ Pres!dent L. H. Derby .
J. R. Gannaway ✓
~ - W. Martm ________ Vice President v-John T. Edermgton B. W. Martin ✓
John T. Ederingt~n ____ Vice President a,ouis Eder!ngton
S. B. Meek, Jr. ✓
,.G. L. cparleton __ vice Pns. & Oasl!tet /L. W. Edermgton
M. C. Singer v
~ - C. Singer _________ __....._,.Cashier J. B. Frazer
C I T I b&!! ..
,M. S. Thompson _______ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 207,997.79
Loans on commodities__
35,694.00
Overdrafts _ __________
838.56
U. S. Gov't obligations_ 1,075,280.00
Other bonds and securities 187,219.85
Furniture and fixtures__
1,237.73
Banking house ________
19,208.20
Other real estate______
1.00
Cash and due from banks 753,810.73
Other resources _______
358.99

Liabilities
Capital stock ---------$ 75,000.00
Surplus fund _________ _
40,000.00
32,057.02
Undivided profits --··--Reserves _ _ _________ _
7,892.66
Demand deposits _____ _ 1,393,225.38
Time deposits ________ _ 402,175.85
U. S. Gov't deposits ___ _ 242,671.36
Public funds _________ _
88,624.58
Total dep. _$2,126,697.17

Total _______________ $2,281,646.85

Total _ --------------$2,281,646.85

I

-t1P

r-1,,
'R-

✓

fZ~
/'

.

Report

99

~'

1.--' e;
BANK OF WEINER, WEINER
Population, 447.

Poinsett County

Chartered April 2, 1909.

.
(

O
h
Thirty-First
Be,,~

Transit Number 81-456

v{

Directors
E. E. Hogue
Carl Huffman
L. Hogue
Wm. Knapple
F. R. Huber
R. A. Ziegenhorn
Mrs. J.B. Huber

Officers
"\. V L ~ e _______________ President
"--...A!l&pptc _______ Vice President
'-"""'E. E. Hogue ________________ Cashier
-Margaret Winters ______ Asst. Cashier
T -"'na French __________ Asst. Cashier

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts _____ $ 61,851.27
Overdrafts _ _ __________
225.89
U. S. Gov't obligations ___ 356,500.00
Furniture and fixtures___
400.00
Bsmking house __________
200.00
Cash and due from banks 569,671.52

Liabilities
Caoital stock -----------$ 25,000.00
Surplus fund __________ _ 25,000.00
Undivided profits ______ _ 12,118.18
Demand deposits _______ _ 854,772.79
Time deposits ________ _
30,564.82
U. S. Gov't deposits _____ _
2,006.25
Public funds ___________ _ 39,386.64
Total deposits _$926,730.50

'::'otal _ _ _____________ $988,848.68

Total _ _ _____________ $988,848.68

I/

-----·

BANK OF WEST MEMPHIS, WEST MEMPHIS
Population, 3,369.

Chartered April 21, 1928.
Officers
E. J. White _______________ President
Wm. H. Hundhausen __ Vice President
'!J!iiCl'.l. Pkilih:g
&i!!!IM"
Miss Kathleen Yokley __ Asst. Cashier
Miss Ellene Lamb ______ Asst. Cashier

Crittenden County
Transit Number 81-695
Directors
C. H. Brown
.i\.rthur Russell
G. M. Coleman
H. E. Thompson
H. R. Dabbs
E. J. White
Ww. H. Hundhausen D. B. Wollard
A. C. Oliver

STATEMENT OF JUNE 30, 1945
Resources
Loans and discounts ____ $ 156,959.35
Loans on commodities __
8,836.77
U. S. Gov't obligations __ 584,100.00
81.225.77
Other bonds and securities
Furniture and fixtures __
5,000.00
Cash and due from banks 781,248.31

Liabilities
Capital stock __________ $ 50,000.00
25,000.00
Surolus fund .---------Undivided profits _____ _
11.653.38
Demand deposits ______ _ 1,296,189.12
Time deposits _______ _
92.821.31
U. S. Gov't deposits __ _
2,431.90
Public funds _________ _ 139,274.49
Total dep. _$1,530,716.82

Total _ -------------$1,617,370.20

Total ______________ $1,617,370.20

State of Arkansas: Bank Department

100

MERCHANTS AND PLANTERS BANK, WEST MEMPHIS
Population, 3,369.

Crittenden County

Chartered August 5, 1941.

Transit Number 81-743

✓

2 •
R. E . R ob er t sonOffpicer~d
John A. CoopeDr ~~ctoJ_rsW. R1"ch ,-,/
__ res1 en t &-"- ..,
-0astacpa
" / J. C. McCaa __________ Vice Presid~nt ,A!'t;e-.~lle~-Ml
R. E. RobertsonV'"""
✓
H. 0. Coats __________ tlllll;:"Cash1er J. C. McCaa V
Jno. M. Smith ~
~Mrs. Jas. Bledsoe ______ Asst. Cashier W. L. McKee

~IZ 5.

j~•,1/~·~e:i~r;#-:s st·iJ~-

-.J.C Jd h tr so V

STATE]}1ENT OF JUNE 30, 1945

Resources
Loans and discounts ____ $ 197,039.51
Loans on commodities __
21,347.92
U. S. Gov't obligations __ 424,696.89
52,545.75
Other bonds and securities
Furniture and fixtures __
5,354.35
Cash and due from banks 595,947.47

Liabilities
Capital stock __________ $ 50,000.00
Surplus fund ________ _
10,000.00
Undivided profits _____ _
26,214.13
Demand deposits _____ _ 964,316.09
Time deposits ________ _
63,389.04
U. S. Gov't deposits ___ _ 100,958.14
Public funds _________ _
77,054.49
Deposits of banks _____ _
5,000.00
Total dep. _$1,210,717. 76

Total ______________ $1,296,931.89

Total _ -------------$1,296,931.89

!

'-.,l

·''\//!:'J

_./l
RICE GRO~··BANK, WHEATLEY
Population, 362.

St. Francis County

Chartered September 27, 1909.
....,,.-:,....
Officers
H. K. Smith, Jr. ___________ President
· ,S.•!'. Li.JiA8M, .JP. _V. P. & Cashier

J<;~;llie ~-c!,~t-t:.s: \/af)fG
6('

Transit Number 81-458
Directors
Jr.- H. K. Smith, Jr.

► P.:Bioeellfei!,

Mayme Lyon

STATEMENT OF JUNE 30, 1945

Resources
Loans and discounts _____ $153,260.92
Loans on commodities ___ 169,353.11
Overdrafts _ ___________
307.74
U. S. Gov't obligations~-- 156,662.50
Furniture and fixtures___
2,100.00
Banking house _ ________
2,400.00
Other real estate________
1.00
Cash and due from banks 126,898.60

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund __________ _ 14,000.00
Undivided profits ______ _
7,693.25
Demand deposits ______ _ 482,374.79
Time deposits _________ _ 50,712.71
U. S. Gov't deposits _____ _
75.00
Public funds __________ _ 31,128.12
Total deposits $564,290.62

Total _ ______________ $610,983.87

Total _ --------------$610.983.87

Thirty-F-irst Report

.

f

.. ;/•
.
.• {) f.'liLMOT ST ATE

I t

Population, 625.

I

,

101

,,,

\..''

)

/re.)8 '

l

t

BANK, WILMOT
Ashley County

Chartered Octol::er 25, 1937.
. . Officers

Transit Number 81-738

.

D~tors
..,.. .,
M. C. Crandall
J.B. Shackelford
~ - C. Crandall_ _______ Vice Presid~nt •'Cl.
I. t. npctl G. B. Stoya~l ..-W. 1'. 1'acls_C _____________ Cashier E. H, Dunnmg ~ W. N. Wilhitev

\rW,, N. W1lh1te ____________ President

1

.J:,,rvc.lf li1 C(.1/ :T~fE~ENT oF JUNE

3o, 1945

Resources
Loans and discounts _____ $ 50,361.75
Loans on commodities ____ 201.418.97
U. S. Gov't obligations___ 16,900.00
Cash and due from banks 358,849.40

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund _______ ____
5,000.00
Undivided profits ____ ___ 18,508.70
Demand deposits ________ 533,489.31
Public funds ------------ 45,532.11
Total deposits $579,021.42

Total _ _ _____________ $627,530.12

Total _ --------------$627,530.12

BANK OF WILSON, WILSON

Population, 1,500.

Mississippi County

Chartered October 3, 1908.

•

Transit Number 81-462
~

✓'

Officers
;;
~eetors
~
• .V. H. Crain ______ :- ________ Presid~nt J. E. Cra~n V
C. J. Lowrance, J r . /
ail
J. H. Cram
✓. · S. A. Regenold ./'
. ~ t o n Gar.rett__ Vice Pre~."ll
vr lv,[arie Wilson ~ - A s s t . C~shier ,J.\~nto:_G ~
Q.

cYtt, t> 13 _ 1~;;~ol'Ylnfast: 1945
Resources
Liabilities
502,696.18
712,633.67
42.6.44
167,953.36
3,173.88
325,902.52

Capital stock ----------$ 50,000.00
Surplus fund ________ _ 190,000.00
Undivided profits _____ _
12,993.57
Reserves ____________ _
5,090.86
Demand deposits _____ _ 1,078,301.81
Time deposits ________ _ 111,934.70
U. S. Gov't deposits ___ _
4,269.23
Public funds _________ _ 260,195.88
Total dep. __ $1,454,701.62

Total _ _ ____________ $1,712,786.05

Total _ _____________ $1,712,786.05

Loans and discounts ____ $
Loans on commodities__
Overdrafts _ __________
U. S. Gov't obligations__
Furniture and fixtures__
Cash and due from banks

102

State of Arkansas: Bank Department

CROSS COUNTY BANK, WYNNE ~
Population, 3,633.
Chartered June 5, 1891.
✓
r;

Officers
~ave Block ______________ President
✓ JI. K. Barwick, Jr. ____ Vice President
/j:, W. Lipsco~b _____________ Cash!er
✓ n allace Eldridge ______ Asst. Cashier

Cross County
Transit Number 81-151

✓Directors
✓·
· I!, K. Barwick, Jr. J.C. Hilliard
/

--1'>ave Block
,.,,-Pavid Drexl_er
v"b. M. Hamrick

J. W. Lipscomb v"W.W. Shaver, Jr.
H. Steinberg
v-

STATEMENT OF JUNE 30, 1945.
Resources
Loans and discounts ____ $ 490,953.66
Loans on commodities __
1,000.00
Overdrafts __________ _
35.91
U. S. Gov't obligations __ 529,500.00
.Other bonds and securities
96,435.50
Furniture and fixtures __
1.00
Banking house _______ _
3,000.00
Cash and due from banks 629,762.10

Liabilities
Capital stock ----------$ 30,000.00
Surplus fund _________ _
60,000.00
Undivided profits _____ _
25,177.91
Demand deposits _____ _ 1,149,656.89
Time deposits ________ _
63,193.29
U. S. Gov't deposits ___ _ 245,810.91
Public funds _________ _ 176,849.17
Total dep. _$1,635,510.26

Total _ -------------$1,750,688.17

Total _ -----------·--$1,750,688.17

REPORT

OF
BUILDING AND LOAN DIVISION
AND
SECURITIES DIVISION

State of Arkansas: Bank Department

104

BUILDING AND LOAN DIVISION
December 31, 1944

Statement of eight active state chartered Building and
Loan Associations, compiled from annual reports rendered
the Arkansas State Bank Department as of December 31,
1944.
List of four voluntarily liquidating Building and Loan
Associations as of December 31, 1944.

Thirty-First Report

...

COMBINED STATEMENT OF THE EIGHT ACTIVE STATE
CHARTERED BUILDING AND LOAN ASSOCIATIONS
AS OF DECEMBER 31, 1944
Resources

Direct Reduction loans _______________________ ---------$2, 718,941.60
First Mortgage Share Account Sinking Fund Loans_____
77,664.61
First Mortgage Straight Loans________________________
30,747,66
Advances for taxes___________________________________
747.12
Second Mortgage Loans -----------------------------500.00
Loans secured by shares______________________________
12,544.48
Loans on all other securities___________________________
17,216.01
Real Estate sold on contract___________________________
70,316.57
Real Estate Owned___________________________________
11,031.85
Real Estate Equity owned____________________________
4.00
Stock in Federal Home Loan Bank_____________________
36,900.00
U. S. Government Obligations_________________________ 594,648.00
Other Investment Securities___________________________
26,501.00
Accrued interest receivable on investments____________
21,924.63
Cash on hand and in banks____________________________ 196,454.00
Office Building -------------------------------------9,000.00
Furniture, Fixtures and Equipment____________________
1,929.94
Other Assets ---------------------------------------11,925.56
TOTAL _________________________________________ $3,838,997.03
Liabilities

Free Installment Shares ------------------------------$ 181,718.25
Optional Shares ------------------------------------- 270,369.18
53,267.02
Pre-Paid Shares------------------------------------Full Paid Shares ____________________________________ _ 2,275,275.00
Mortgage Pledged Shares ____________________________ _
47,876.92
Deposits and Investment Certificates _________________ _ 129,664.83
2,696.70
Accrued Interest-----------------------------------Advances from Federal Home Loan Bank ______________ _
57,740.00
7,500.00
Borrowed Money-----------------------------------Accrued interest on borrowed money, advances from Federal Home Loan Bank and mortgages, on real estate
117.51
owned-----------------------------------------541.62
Accounts
Payable----------------------------------Loans in process ____________________________________ _
4,173.04
Advances by borrowers for taxes and insurance ________ _
835.18
Unapplied mortgage credits __________________________ _
21,895.71
Other liabilities ____________________________________ _
9,650.24
Permanent Reserve and Guaranty Stock _______________ _
45,000.00
Deferred credits to future operations _________________ _
11,372.94
Reserves:
163.61
Specific_--------------------------------------Legal _ ----------------------------------------- 124,902.01
63,928.13
Federal Insurance------------------------------~
82,708.62
Contingencies ----------------------------------8,869.74
Real Estate------------------------------------166,998.61
Other
_ ----------------------------------------Bonus
on Shares
____________________________________ _
1,350.49
Undivided Profits ----------------------------------- 270,381.68
TOTAL -------------- ___________________________ $3,838,997 .03

105

106

State of Arkansas: Bank Department

FAYETTEVILLE BUILDING AND LOAN ASSOCIATION
FA YETIEVILLE, ARKANSAS

December 31, 1944
Officers
A. C. Ucker _______________ President
N. F. Drake __________ Vice President
W. P. McNair, Jr. _________ Secretary
H. L. Pearson ______________ Attorney
Resources
Direct reduction loans ____ $402,105.51
First mortgage straight
loans _ _______________ 28,100.00
Second mortgage loans___
500.00
Real estate sold on contract _ _______________ 11,750.75
Real estate owned_______
3,521.76
Stock in Federal Home
Loan Bank ____________
5,200.00
U. S. Government obligations _______________ 170,000.00
Cash on hand and in banks 36,172.88
Furniture, fixtures and
equipment _ __________
1.00

H. E. Cravens
N. F. Drake
Harrison Hale

Directors
.
W. P. McNair, Jr.
H. L. Pearson
A. C. Ucker

Liabilities
Free installment shares __ $, 48,198.58
Optional shares _________ 45,503.48
Full paid shares _________ 434,500.00
Mortgage pledged shares_
284.67
Reserves
Federal Insurance ____ _ 26,000.00
Contingencies ________ _ 33,000.00
Undivided profits __ _: ___ _ 69,865.17
$657,351.90
Number of members _____
275
Total amount of loans
made during 1944 ______ $200,875.00

$657,351.90

FORREST CITY SAVINGS AND LOAN ASSOCIATION
FORREST CITY, ARKANSAS

December 31, 1944
Officers
Louis McDaniel ___________ President
C. W. Norton _____________ Secretary

Directors
Ed Ash
C. W. Norton
W.W. Campbell
W. E. Stevens
Louis McDaniel
Gazzola Vaccaro

Resources
Direct reduction loans ____ $105,068.89
Stock in Federal Home
Loan Bank ____________
3,000.00
U. S. Government obligations _ ---------------- 11,000.00
Cash on hand and in banks
4,823.54
Furniture, fixtures and
equipment _ __________
1.00
Other assets ____________
5.10

Liabilities
Free installment shares--$
Full paid shares_________
Advances from Federal
Home Loan Bank______
Accrued interest on R/E
owned, borrowed money
and advances from Federal Home Loan Bank __ _
Reserves:
Specific _____________ _
Legal ________________ _
Undivided profits ______ _

$123,898.53

28,150.04
56,500.00
9,100.00

23.93
163.61
10,000.00
19,960.95

$123,898.53
Number of members _____ _
Total amount of loans made
during 1944 ------------$ 32,089.71

Thirty-First Report

107

•
UNITED BUILDING AND LOAN COMP ANY
FORT SMITH, ARKANSAS
December 31, 19'44
Officers
F. W. Dyke _______________ President
R. A. Young __________ Vice President
Martin T. Dyke _______ Vice President
(In Army)
and Treasurer
Nathaniel Dyke, Jr. ________ Secretary
Virginia BelL ________ Asst. Secretary
Betty Ciurej _________ Asst. Secretary
Resources
Direct reduction loans __ $1,043,837.40
Stock in Federal Home
Loan Bank __________
12,500.00
U. S. Government obligations _ ____________ 160,248.00
Cash on hand and in
banks _______________
70,387.18
Furniture, fixtures and
equipment _ __________
906.94
Other assets ____________
5,595.94

$1,293,475.46

Directors
W. V. Boatwright
Allen Henderson
R. B. Cutting
A. R. Noe
F."W. Dyke
Brady Pryor
Nathaniel Dyke, Jr. R. J. Ross
Martin T. Dyke
R. A. Young
C. C. Davis
Liabilities
Free installment shares_$ 58,740.87
Optional shares ______ _ 138,223.97
Full paid shares _______ _ 1,020,500.00
Loans in process ______ _
647.80
Unapplied mortgage
credits _ ------------ . 21,895.71
Deferred credits to future
operations __________ _
4,030.86
Reserves:
Federal insurance ___ _
11,445.02
Contingencies _______ _
17,824.37
Real estate ________ _
245.00
Bonus on shares ______ _
1,350.49
Undivided profits _____ _
18,571.37

$1,293,475.46
Number of members___
509
Total amount of loans
made during 1944 ____ $ 298,327.70

JONESBORO BUILDING AND WAN ASSOCIATION
JONESBORO, ARKANSAS
December 31, 1944
Officers
Directors
E. L. Westbrook, Sr. ________ President F. J. Gregson
E. L. Westbrook, Sr.
J. H. Little, Jr. ________ Vice President J. B.Hinson
E. L. Westbrook, Jr.
J. R. Gregson _____________ Secretary J. H. Little, Jr.
Resources
Direct reduction loans ____ $,
Loans on all other security
Real estate equity
owned _ ______________
U. S. Government obligations _______________
Other Investment Securities _ _________________
Accrued interest received
on investments ________
Office Building __________
Furniture, fixtures and
equipment _ __________
Other Assets ___________

85,597.99
182.30
4.00
6,000.00
5,000.00
21,924.63
7,500.00
1.00
3,234.14

$129,444.06

Liabilities
Free installment shares--$ 23,130.00
Full paid shares_________
2,000.00
Borrowed money ________
7,500.00
Other liabilities _________
4,678.96
Deferred credits to future
operations _ ___________
2,874.77
Reserves:
Contingencies ________ _ 16,000.00
Real Estate __________ _ 5,000.00
Other _______________ _ 5,00Q.00
Undivided profits ______ _ 63,260.33

$129,444.06
Number of members_____
69
Total amount of loans
made during 1944 ______ $ 45,393.69

108

State of Arkansas: Bank Department

•
CITIZENS BUILDING AND LOAN ASSOCIATION
JONESBORO,ARKANSAS
December 31, 1944
Officers
William R. Stuck __________ President
Charles A. Stuck __________ Secretary

Directors
William R. Stuck
Martha G. Stuck
Charles A. Stuck
Florence Stuck

Resources
Direct reduction loans ____ $
Loans on all other
securities ____________ _
Real estate sold on
contract _____________ _
Real estate owned ______ _
Cash on hand and in banks
Other assets ___________ _

Liabilities
Full paid shares _________ $ 41,700.00
Loans in process ________ _
3,315.29
Reserves:
Contingencies _______ _
2,984.25
Other _______________ _
9,941.55
Undivided profits _______ _
5,748.10

13,950.38
12,442.75
16,372.87
6,997.58
12,425.61
1,500.00

$ 63,689.19

$ 63,689.19
Number of members _____ _
Total amount of loans
made during 1944 ________________ _

PEOPLES BUILDING ANO LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1944
Directors
W. E. Lenon
W. C. Thomas

Officers
W. W. Finch _____ President and Sec'y
W. E. Lenon __ Chairman of the Board
Carl Hollis ___________ Vice President
W. C. Thomas _____ Treas., Asst. Sec'y
Pearl Hinkle _____ Assistant Secretary

C. W. Conway
W.W. Finch
Carl Hollis

Resources
Direct reduction loans ____ $694,304.02
First mortgage straight
loans _ _______________
147,66
Loans secured by shares__
5,347.63
Real estate sold on
contract _ _____________ 26,621.42
Stock in Federal Home
Loan Bank ____________
8,200.00
U. S. Government obligations ______________ 75,000.00
Cash on hand and in banks
2,427.17
Furniture, fixtures and
equipment _ __________
1,020.00
Other assets ____________
56.75

Liabilities
Free installment shares __ $ 21,347.45
Pre-paid shares ________ _ 53,267.02
Full paid shares ________ _ 560,400.00
Advances from Federal
Home Loan Bank ______ _ 25,000.00
Accounts payable _______ _
541.62
Loans in process ________ _
209.95
Advances by borrowers for
taxes, insurance, etc. __ _
835.18
Reserves:
Legal _______________ _ 84,902.01
Federal Insurance ____ _ 15,000.00
Other _______________ _ 26,621.42
Undivided profits ______ _ 25,000.00

$813,124.65

$813,124.65
Number of members______
651
Total amount of loans
made during 1944 ______ $299,123.48

Thirty-First Report

109

ARGENTA BUILDING AND LOAN ASSOCIATION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1944

Officers
Directors
J. F. Peugh _______________ President Solon Humphries
J. F. Peugh
Solon Humphries ______ Secretary and Mrs. C. J. Humphries Joe W. Peugh
Treasurer Lee Miles
Lee Miles ________________ Attorney
Resources
Direct reduction loans----$202,2.48.42
First mortgage straight
loans _ _______________
2,500.00
Loans secured by shares__
281.85
Real estate sold on contract _ ________________
3,702.82
Real estate owned________
271.05
Stock in Federal Home
Loan Bank ___________
5,100.00
U. S. Government obligations _______________ _ 172,400.00
Other investment securities
5,001.00
Cash on hand and in banks 66,137.78
$457,642.92

Liabilities
Free installment shares--$ 2,151.31
Optional shares ________ _ 86,641.73
Full paid shares ________ _ 159,675.00
Other liabilities ________ _
4,919.73
Deferred credits for future
operations __________ _
4,467.31
Reserves:
Legal ______________ _ 30,000.00
Federal insurance ____ _ 11,483.11
Real estate __________ _
271.05
Other ______________ _ 123,702.82
Undivided profits _______ _ 34,330.86
$457,642.92
Number of members______
860
Total amount of loans made
during 1944 ----------$113,653.00

110

State of Arkansas: Bank Department

WARREN BUILDING AND LOAN ASSOCIATION
WARREN,ARKANSAS
December 31, 1944

Officers
J. R. Gannaway ___________ President
Louis Ederington _____ Vice President
B. R. Wardlow __ Secretary-Treasurer
B. Ball __________________ Attorney

Directors
J. R. Gannaway
B. Ball
N. R. Herring
Louis Ederington
J. B. Frazer

Resources
Direct reduction loans ___ $l 71,828.99
First mortgage share account sinking fund loans 77,664.61
Advances for taxes _____ _
747.12
Loans secured by shares __
6,915.00
Loans on all other securities _ ________________
4,590.96
Real estate sold on contract _ --------------- 11,868.71
Real estate owned ______
241.46
Stock in Federal Home
Loan Bank __________ _
2,900.00
Other investment securities 16,500.00
Cash on hand and in banks
4,079.84
Office building _________ _
1,500.00
Other assets ___________ _
1,533.63

Liabilities
Mortgage pledged shares_$ 47,592.25
Deposits and investment
certificates _ _________ 129,664.83
Accrued interest ________
2,696.70
Advances from federal
home loan bank________ 23,640.00
Accrued interest on R/E
owned, borrowed money
and advances from Federal Home Loan Bank __ _
93.58
Other liabilities ________ _
51.55
Permanent reserve
and
guaranty stock ________ 45,000.00
Reserves:
Contingencies _______ _ 12,900.00
Real estate __________ _
3,353.69
Other
_____________ _
1,732.82
Undivided profits ______ _ 33,644.90

$300,370.32

$300,370.32
Number of members_____
199
Total amount of loans made
during 1944 __________ $ 26,900.00

C

Thirty-Pirst Report

LIST OF FOUR VOLUNTARILY LIQUIDATING STATE CHARTERED BUILDING AND LOAN ASSOCIATIONS IN
ARKANSAS
AS OF DECEMBER 31, 1944
Arkansas Savings and Loan Association ________________ Hot Springs
Leader Building and Loan Association __________________ Little Rock
Prudential Building and Loan Association _______________ Little Rock
Equitable Building and Loan Association ________________ Little Rock

111

SECUR ITIES DIVISI ON
June 30, 1945

*******
*****
***
*

114

State of Arkansas: Bank Department

·COMBINED STATEMENT OF RESOURCES AND LIABILITIES
OF TWELVE INDUSTRIAL BANKS IN ARKANSAS AS OF
JUNE 30, 1945

.

Resources
Loans and discounts ____________________ ---------------$540,918.01
Cash on hand and in banks _____________________________ 110,105.08
Bonds and securities cc-----------------------------____ 11,963.07
U. S. securities --------------------------------------- 55,331.81:l
Equipment _ ----------------------------------------4,903.44
Furniture and fixtures -------------------------------5,364.90
Sinking fund----------------------------------------Organization expense ________________________________ _
9,264.34
60.15
Deferred charges------------------------------------Other resources _____________________________________ _ 15,800.18

I

I

Total _ _ ___________________________________________ $753. 711.01
Liabilities
Common stock _______________________________________ $309,920.00
Preferred stock _ __ __ __ ______ __ ________ __ __________ _ __ 19,693.66
Bills payable _________________________________________ 229,091.47

1

Reserves _ ------------------------------------------621.90
Surplus _ __ _ _ __ __ ___ _ __ ___ ____ __ _ _ ___ __________ ___ __ _ 31,595.91
Certificates _ _ _______________________________________ 100,098.51
Reserves for bad debts_________________________________
2,881.56
Unearned interest ___ _ _ __ _ ___ __ _ ___ __ ______________ __ _
5,742.09
Reserve for depreciation -----------------------------2,840.66
Undivided profits ___ __ __ _____ _ __ __ ____ ________ __ __ _ _ _ 40,328.48
Other liabilities _ __ __ ____ ____ __ __ _ _ __ ____________ __ __ _ 10,896.79
Total _ _ __________________________________________ -$753,711.03

,.

115

Thirty-First Report

ARKANSAS INVESTMENT COMPANY
HOT SPRINGS, ARKANSAS
June 30, 1945
Officers
Edward E. Steigler _____________________________ President
G. E. Hogaboom ____________________________ Vice President
J. Fillmore Meadows __________________ Secretary-Treasurer
Resources
Loans and discounts ------$33,842.81
Cash on hand and in banks_ 4,266.38
Furniture and fixtures ____
375.00
Other resources __________ 1,012.08

Liabilities
Common stock ___________ $35,000.00
Surplus _ ________________ 2,000.lfi
Unearned interest ________
240.05
Undivided profits ________ 1,929.16
Others _ ---------------236.91

$39,496.27
$39,496.27

ATLAS FINANCE COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1945
Officers
Julia Snow Harris ______________________________ President
Blanche P. Rogers _________________________ Vice President
S. M. Harris _________________________ Secretary-Treasurer
Resources
Loans and discounts ______ $98,955.41
Cash on hand and in banks_ 2,0,25.3]
Furniture and fixtures ____
271.25
Other resources __________
15.00

Liabilities
Common stock ____________ $15,300.00
Surplus _ ________________ 5,217.19
Certificates _____________ 36,849.83
Undivided profits ________ 8,558.05
Bills payable ____________ 33,316.59

$99,241.66
$99,241.66

CENTRAL LOAN AND INVESTMENT COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1945
Officers
Joe Jung ______________________________________ President
F. W. Duttlinger ---------------------------Vice President
G. W. Massery _____________________________ Vice President
J.C. Nemec __________________________ Secretary-Treasurer
Resources
Loans and discounts ______ $ 89,462.98
Cash on hand and in banks 29,680.79
Furniture and fixtures __ _ 2,002.16
Organization expenses __ _
6,264.34
Other resources ________ _
500.00
$127,910.27

Liabilities
Common stock ----------$ 36,570.00
Bills payable ____________ 53,324.74
Certificates _ ___________ 28,875.99
Reserves for bad debts___
1,619.46
Reserves for depreciation_
1,623.71
Undivided profits _______
2,407.74
Other liabilities _________
3,425.63
$127,910.27

State of Arkansas: Bank Department

1.16

GENERAL CONTRACT PURCHASE CORPORATION
LITTLE ROCK, ARKANSAS
June 30, 1945
Officers
A. A. Blumeyer_ ________________________________ P1·esident
W. E. Burtelow ______ Executive Vice President and Treasurer
P. W. Herzog ________________ Vice President and Secretary
J. G. Butler_ ______________________________ Vice President
E. E. Salmon ______________________________ Vice President
E. J. BelL __ ~ _________________________ Assistant Secretary
J. J. Griffin ________________________________ Vice President
W. H. Bixby-------------------------------Vice President
J. T. Williamson ______________ Manager and Vice President
Resources
Cash on hand and in banks_$11,664.19
U. S. securities ___________ 48,296.86
Furniture and fixtures____
798.88
Other resources __________
50.00

Liabilities
Common stock ___________ $50,000.00
Bills payable _____________
406.39
Undivided profits ________ 9,436.82
Other liabilities _ _ __ _ __ __ _
966. 72

$60,809.93

$60,809.93

HELEN A INDUSTRIAL LOAN CORPORATION
HELENA, ARKANSAS
June 30, 1945
Officers
W. W. Moore, Sr. _______________________________ President
W. T. Greer------------------------------- Vice Preddent
S. H. Hurst_ _________________________ Secretary-Treasurer
Resources
Loans and discounts ______ $51,138.98
Cash on hand and in banks_ 2,919.47
Other resources __________
916.00,
$54,974.45

Liabilities
Common stock ___________ $17,800.00
Bills payable ____________ 15,840.00
Reserves _ ______________
103.50
Certificates _____________ 19.081.31
Undivided profits ________ 2,149.64
$54,974.45

INDUSTRIAL THRIFT AND LOAN COMP ANY
CAMDEN,ARKANSAS
.
June 30, 1945
L.
J.
C.
L.

Officers
M. Stern ____________________________________ President
E. Gaughan _____________________________ Vice President
D. Sanders __________________________________ Secretary
M. Stern ____________________________________ Treasurer

Resources
Loans and discounts ______ $35,823.30
Cash on hand and in banks_
348.22
Equipment _ _____________
405.23
Other resources _ ________
113.74

Liabilities
Common stock ___________ $25,000.0.0
Bills payable ------------ 7,391.81
Surplus _ ---------------- 4,298.68
$36,690.49

$36,690.49

.

Thirty-First Report

.

117

LEDGERWOOD LOAN AND INVESTMENT COMP ANY
HOT SPRINGS, ARKANSAS
June 30, 1945
Cecil H. Ledgerwood ___________________________ Sole Owner

Resources
Loans and discounts ------$ 9,136.84
Cash on hand and in banks_ 10,588.26
Bonds and securities _____ 11,963.07
U. S. securities __________ 7,035.00

Liabilities
Common stock -----------$20,000.00
Surplus _ _______________ 2,925.29
Certificates _ ____________ 3,250.50
Undivided profits ________ 12,547.38

$38,723.17

$38,723.17

LIBERTY LOAN AND REALTY COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1945

Officers
J. W. Strawn, Sr, _______________________________ President
J. W. Strawn, Jr, ___________________________ Vice President
Mrs. J. W. Strawn ____________________ Secretary-Treasurer
Resources
Loans and discounts ______ $49,871.24
Cash on hand and in banks_ 6,20-0.65
Equipment _ _____________ 1,292.68

Liabilities
Common stock ___________ $10,000.00
Bills payable ____________ 30,053.30
Reserves _ ______________
346.73
Surplus _________________ 10,245.55
Unearned interest ________ 5,502.04
Reserves for depreciation__ 1,216.95

$57,364.57

$57,364.57

UNION INDUSTRIAL LOAN COMP ANY
NORTH LITTLE ROCK, ARKANSAS
June 30, 1945

Officers
Ben Winston __________________________________ President
Thomas H. Little _____________________ Secretary-Treasurer

•

I

Resources
Loans and discounts ______ $35,313.06
Cash on hand and in banks_ 6,037.58
Equipment _ _____________
1.00
Other resources __________
615.00

Liabilities
Preferred stock ----------$19,693.66
Bills payable _____________ 5,000.00
Reserves _ ______________
171.67
Surplus _ _______________ 3,308.81
Certificates _____________ 11,687.25
Reserves for bad debts____ 1,112.10
Other liabilities _________
993.15

$41,966.64

$41,966.64

State of Arkansas: Bank Department

118

.

UNION INVESTMENT COMP ANY, INC.
EL DORADO, ARKANSAS
June 30, 1945
Clyde
Grady
C. M.
L. F.

Officers
E. Byrd __________________________________ President
R. Wooley---------------------------Vice President
Pynes _______________________________ Vice President
Brewer _________________________ Secretary-Treasurer

Resources
Loans and discounts ------$50,206.83
Cash on hand and in banks_ 6,611.85
Equipment _ ____________ 1,458.04
Furniture and fixtures ____ 1,822.36
Other resources __________ 7,883.23

Liabilities
Common stock ____________ $25,000.00
Bills payable ------------· 35,965.16
Surplus _ --------------466.20
Undivided profits ________ 2,070.92
Other liabilities __________ 4,480.03

$67,982.31

$67,982.:n

UNITED LOAN AND INVESTMENT COMP ANY
LITTLE ROCK, ARKANSAS
June 30, 1945

,.

Officers
R. G. McDaniel_ ________________________________ President
H. A. Emerson _____________________________ Vice President
Mrs. John H. CottrelL _________________ Secretary-Treasurer
Resources
Loans and discounts -----$ 88,674.72
Cash on hand and in banks 29,750.06
Equipment _ ____________
1,746.49
Organization expense _ __
3,000.00
Deferred charges ________
60.15
Other resources ________
4,695.13

Liabilities
Common stock ----------$ 75,000.00
Bills payable __________ _ 47,793.48
Surplus ______________ _
3,0,22.95
Reserves for bad debt ___ _
150.00
Undivided profits _______ _
1,165.77
Other liabilities ________ _
794.35

$127,926.55

$127,926.55

VAN BUREN LOAN BUREAU
VAN BUREN, ARKANSAS
June 30, 1945
Officers
W. R. Reynolds ____ ~--------------------------- President
Wylie Smith _______________________________ Vice President
G. I. Matthews _______________________ Secretary-Treasurer

Resources
Loans and discounts --------$517.15
Cash on hand and in banks____ 12.32
Furniture and fixtures ______ 95.25

Liabilities
Common stock _____________ $250.00
Surplus _ __________________ 21.09
Certificates _ ______________ 353.63

$624.72

$624.72

\.

Thirty-First Report

COMBINED STATEMENT OF RESOURCES AND LIABILITIES
OF FIVE INDUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER ACT 111 OF 1941
June 30, 1945
Resources
Cash on hand and in banks ______________________________ $ 94,431.12
Loans and notes receivable _____________________________ 417,472.88
U. S. bonds and securities______________________________ 52,090.00
Furniture and fixtures--------------------------------9,353.61
Other resources -------------------------------------- 58,375.80
TOTAL ____________________________________ -------$631,723.41

Liabilities
Common stock ------------------------------ _________ $180, 740.00
Preferred stock -------------------------------------- 69,105.00
Bills payable --------------------------- ______ __ ____ _ 53,744.24
Undivided profits ---------------------------------- _ 14,943.88
Reserves _ ------------------------------------------ 33,507.67
Surplus _ -------------------------------------------- 112,298.86
Thrift certificates __ _________ ______ ____ ______ __ ___ ____ 91,083.76
Debentures _ ----------------------------------------- 76,300.00

.

•

.

TOTAL _____________________ --------------- ______ -$631,723.41

119

120

State of Arkansas: Bank Department

COMMERCIAL CREDIT PLAN INCORPORATED
LITTLE ROCK, ARKANSAS
June 30, 1945
Officers
H. A. Cherry ___________________________________ President
J. M. Harris ________ ._______________________ Vice President
J. P. Taylor _______________________________ Vice President
W. R. Mules ___________________________________ Secretary
J.P. Winzer ___________________________________ Treasurer
Resources
Cash on hand and in banks$ 8,567.05
Loans and notes receivable 85,552.69
Other resources _________ 50,183.00

Liabilities
Common stock ----------$
Bills payable ___________
Reserves _ _____________
Surplus _ _______________
Thrift certificates

50,000.00
41,070.61
3,303.51
8,614.43
41,314.19

$144,302.74

$144,302.74

FRIENDLY FINANCE COMPANY
FAYETTEVILLE, ARKANSAS
June 30, 1945

,.

Officers
Joe M. Steele ___________________________________ President
L. E. Johnson ______________________________ Vice President
Harvey L. Joyce ______________________ Secretary-Treasurer
Resources
Cash on hand and in banks--$7,458.44
Loans and notes receivable __ 2,131.01
Furniture and fixtures
59.27

Liabilities
Common stock ___________ $10,000.00
Bills payarle _____________
39.50
Reserves ________________ 179.07
Surplus (deficit) __________ 569.85

$9,648.72

$9,648.72

MORGAN PLAN COMPANY
TEXARKANA,ARKANSAS
June 30, 1945
Officers
J. R. Gunter ___________________________________ President
F. E. Wilson _______________________________ Vice President
Hal H. Brown ________________________ Secretary-Treasurer
Resources
'Cash on hand and in banks$ 3,376.13
Loans and notes receivable 76,799.04
U. S. bonds and securities_ 22,040.00
Furniture and fixtures
7,986.26

Liabilities
Common stock ----------$ 40,740.00
Undivided profits ________
3,515.76
Reserves _ _____________ 13,546.75
Surplus _ -------------- 52,398.92

$110,201.43

$110.,201.43

Thirty-First Report

121

NATIONAL CREDIT CORPORATION
PINE BLUFF, ARKANSAS
June 30, 1945
Officers
N. J. Gantt, Jr. _________________________________ President
V. D. Webb ________________________________ Vice President
C. S. McNew, Jr. ______________________ Secretary-Treasurer
Resources
Cash on hand and in banks_$ 1,869.09
Loans and notes receivable_ 80,084.02

Liabilities
Common stock ___________ $50,000.00
Bills payable ____________ 8,340.16
Undivided profits _____ ___ 6,806.43
Reserves _ ______________ 1,806.52
Surplus ________________ 15,000.00

$81,~53.11

$81,953.11

PEOPLES LOAN AND INVESTMENT COMP ANY
FORT SMITH, ARKANSAS
June 30, 1945
Officers
R. A. Young ___________________________________ President
W. A. Needham ______________ Vice President and Secretary
R. C. Helvie ________________ General Manager and Treasurer
Resources
Cash on hand and in banks$ 73,160.41
Loans and notes receivable 172,906.12
U. S. bonds and securities_ 30,050.00
Furniture and fixtures ___
1,308.08
Other resources ________
8,192.80

$285,617.41

•

Liabilities
Common stock __________ $
Preferred stock _________
Bills payable ___________
Undivided profits _______
Reserves _ ______ _______
Surplus _ _______________
Thrift certificate _ ______
Debentures _ _ __________

30,000.00
69,105.00
4,293.97
4,621.69
14,671.82
36,855.36
49,769.57
76,300.00

$285,617.41

122

State of Arkansas: Bank Department

COMBINED STATEMENT OF ASSETS AND LIABILITIES OF
EIGHTEEN CREDIT UNIONS OF ARKANSAS AS OF
DECEMBER 31, 1944
Assets
Bonds and secm:ities------------------------------------$
Loans_---------------------------------------------Furniture and fixtures__________________________________
Suspense account ----~-------------------------------Due from banks_______________________________________
Cash _ ----------------------------------------- ____
Other assets ------------------------------------- ____

65,697.88
82,039.84
305.03
328.40
42,426.18
10,853.05
4,198.76

$205,849.14

Liabilities
Shares _ --------------------------------------------$178,412.00
Deposits _ -------------------------------------- ______
3,037.03
Guaranty fund --------------------------------------- 15,532.22
Undivided earnings ----------------------------------7,154.02
Bills payable ----------------------------------------701.50
Suspense account------------------------------------14820
Other liabilities -------------------------------------864.17
$205,849.14
Approximate number of members 2,175

r
Thirty-First Report

I'

123

EL DORADO-ROCK ISLAND CREDIT UNION
EL DORADO, ARKANSAS
December 31, 1944
Assets
Bonds and securities ______ $ 4,000.00
Loans _ _________________ 4,513.35
Due from banks__________
665.41
Cash _ __________________ 2,556.70
Other assets _____________
51.50

Liabilities
Shares _________________ $ 9,625.70
Guaranty fund _________ _ 1,665.41
Undivided earnings _____ _
210.49
Other liabilities _________ _
285.36

$11,786.9G

$11,786.96

Approximate number of members 77

LION OIL CO-OPERATIVE SAVINGS CREDIT UNION
EL DORADO, ARKANSAS
December 31, 1944

.

Assets
Bonds and securities ______ $,1'0,180.00
Loans _ -'----------------- 10,039.91
Furniture and fixtures____
158.52
Suspense account ________
328.40
Due from banks __________ 12,610.26
Other assets ________ _____ 3,103.17

Liabilities
Shares _________________ $32,943.26
Guaranty fund ___________ 1,892.59
Undivided earnings ______ 1,436.21
Suspense account ________
148.20

$36,420.26

$36,420.25

Approximate number of members 269

ARKANSAS WESTERN EMPLOYEES' CREDIT UNION
FAYETTEVILLE, ARKANSAS
December 31, 1944
Assets
Bonds and securities ______ $ 3,745.80
Loans _ _________________ 4,543.25
Due from banks__________ 1,779.67

Liabilities
Shares _ ----------------$ 9,800.00
Deposits _ _______________
38.93
Undivided earnings ______
98.95
Other liabilities __________
130.84

$10,068.72

$10,068.72

Approximate number of members 40

•

124

State of Arkansas: Bank Departrnent

ARKLAGAS CREDIT UNION
LITTLE ROCK, ARKANSAS

l

December 31, 1944
Assets
Loans _ ------------------$1,031.91
Due from banks ___________ 1,192.20

Liabilities
Shares _ ----------------$ 2,092.63
Guaranty fund ____________
38.07
Undivided earnings
93.41

$2,224.11

$2,224.11

Approximate number of members 57

ARKANSAS DEMOCRAT CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Bonds and securities _______ $1,028.58
Loans ___________________ 2,535.73
Due from banks ___________ 1,630.47

Liabilities
Shares _ -----------------$4,499.66
Guaranty fund _ __________ 668.31
Undivided earnings ________
26.81

$5,194.78

$5,194.78

Approximate number of members 54

DEPARTMENT OF LABOR CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Loans ___________________ $3,080.37
Due from banks___________ 323.75
Cash _ ___________________ 653.82
Other assets -------·------5.00

Liabilities
Shares _ -----------------$2,981.73
Guaranty fund ____________ 195.03
Undivided earnings ________ 186.18
Bills payable ______________ 700.00

$4,062.94

$4.062.94

Approximate number of members 98

FEDERATED SHOP CRAFTS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Bonds and securities _______ $l,100.0-0
Loans ___________________ 7,423.57
Furniture and fixtures_____
1.0-0
Due from banks ___________ 1,008.12

Liabilities
Shares __________________ $8,609.55
Deposits _ ________________ 485.00
Guaranty fund ____________ 384.55
Undivided earnings
53.59

$9,532.69

$9,532.69

Approximate number of members 209

•

Thirty-First Report

•

125

FEDERATION CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Bonds and securities ______ $ 1,240.00
Loans _ _________________ 9,244.32
Cash _ __________________ 1,579.08

Liabilities
Shares _________________ $10,631.61
Deposits _ _______________
143.59
Guaranty fund ___________
611.67
Undivided earnings
676.53

$12,063.40

$12,063.40

Approximate number of members 119

FRANKE'S INC., CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Loans ___________________ $ 973.58
Cash ____________________ 2,047.12
Other assets ______________ 239.09

Liabilities
Shares _ -----------------$2,970.44
Guaranty fund ____________ 239.09
Undivided earnings ________
50.26

$3,259.79

$3,259.79

Approximate number of members 65

GAZETTE EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Bonds and securities _____ -$2, 700,.00
Loans ___________________ 1,611.69
Due from banks ___________ 1,089.81

Liabilities
Shares _ -----------------$4,980.63
Deposits _ ________________
2.81
Guaranty fund _ __________ 343.95
Undivided earnings _ ______
74.11

$5,401.50

$5,401.50

Approximate number of members 54

K. E. M. B. A. LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

•

Assets
Bonds and securities ______ $22,200.00
Loans _ _________________
862.68
Due from 'banks __________ 11,390.61

Liabilities
Shares _ ----------------$32,046.10
Guaranty fund __________ 1,152.84
Undivided earnings
1,254.35

$34,453.29

$34,453.29

Approximate number of members 167

126

State of Arkansas: Bank Department

LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYEES
CREDIT UNION
LITTLE ROCK, ARKANSAS

•

December 31, 1944
Assets
Loans _ ------------------$ 264.00
Due from banks ___________ 2,773.09

Liabilities
Shares _ -----------------$ 705.00
Deposits _________________ 1,869.65
Guaranty fund _ __________
56.83
Undivided earnings ________
30.79
Other liabilities __________ 374.82

$3,037.09

$3,037.09

Approximate number of members 28

LITTLE ROCK POST AL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Bonds and securities ______ $ 6,235.00
Loans __________________ 14,602.57
Due from banks__________ 1,047.45
Cash _ __________________
404.55

Liabilities
Shares _ ________________ $18,097.20
Guaranty fund ___________ 3,081.46
Undivided earnings ______ 1,110.91

$22,289.57

$22,289.57

Approximate number of members 182

VETERANS ADMINISTRATION EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1941
Assets
Bonds and securities ______ $ 7,330.0{1
Loans _ _________________ 5,612.72
Furniture and fixtures____
34.39
Cash _ ------------------ 3,043.43

Liabilities
Shares _ ________________ $13,501.49
Deposits _ ______________
497.05
Guaranty fund ___________ 1,554.80
Undivided earnings _______
460.32
Other liabilities __________
6.88

$16,020.54

$16,020.54

Approximate number of members 173

•

Thirty-First Report

127

FORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1944
Assets
Bonds and securities ______ $ 3,348.50
Loans _ _________________ 6,661.96
Due from banks__________ 3,313.29
Cash _ __________________
114.32

Liabilities
Shares _ _ _______________ $11,376.06
Guaranty fund ___________ 1,239.57
Undivided earnings ______
820.94
1.50
Bills payable _____________

$13,438.07

$13,438.07

Approximate number of memters 176

NORTH LITTLE ROCK MISSOURI PACIFIC CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1944

Assets
Loans _ ------------------$4,025.67
Furniture and fixtures_____
91.12
Due from banks ___________ 1,169.50
Other assets ______________ 800.00

Liabilities
Shares __________________ $5,056.35
Guaranty fund ____________ 851.53
Undivided earnings _______ 114.64
Other liabilities ___________
63.77

$6,086.29

$6,086.29

Approximate number of members 157

ARKANSAS BUILDERS CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1944

Assets
Bonds and securities _______ $2,590.00
Loans ___________________ 2,993.30
Furniture and fixtures_____
10.00
Due from tanks ____________ 2,432.55
Cash _ _________ __________
10.00

Liabilities
Shares _ ------------------$6,431.85
Guaranty fund ____________ 1,148.47
Undivided earnings ________ 455.53

$8,035.85

$8,035.85

Approximate number of members 160

MISSOURI PACIFIC TWIN CTTY f'REDIT UNION
VAN BUREN, ARKANSAS
December 31, 1944

Assets
Loans ___________________ $2,019.26
Furniture and fixtures______
10.00
Cash _ ___________________ 444.03

Liabilities
Shares _____________ -----$2,062.74
Guaranty fund _____________ 408.05
Other liabilities ___________
2.50

$2,473.29

$2,473.29

Approximate number of members 90

128

State of Arkansas: Bank Department
\

,

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 company filing the name of the company, its address, the amount of securities sought to be sold in Arkansas, and
paying the fee required by law:
Chicago Board of Trade
Chicago Stock Exchange
New York Curb Exchange
New York Produce Exchange
New York Stock Exchange

,t

Thirty-Pirsl Report

129

DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT
SECURITIES IN ARKANSAS AS OF JUNE 30, 1945
Walter R. Bass Company ____________________________ Little Rock, Arkansas
Lewis W. Cherry & 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. J. Raney & Sons _________________________________Little Rock, Arkansas
Satterfield Bros. & Company ________________________ .Little Rock, Arkansas
Southern Securities Corporation _____________________ .Little Rock, Arkansas
W. R. Stephens Investment Company ________________ .Little Rock, Arkansas
Utrusco Corporation ________________________________ Little Rock, Arkansas
E. L. Villeareal & Company _________________________Little Rock, Arkansas
Mallory Williams & Company _______________________ .Little Rock, Arkansas
Walton, Sullivan & Company ________________________ .Little Rock, Arkansas

L

State of Arkansas: Bank Department

130

ISSUING COMPANIES AUTHORIZED TO SELL SECURITIES IN THE
STATE OF ARKANSAS AS OF JUNE 30, 1945
(Certificates of Authority expire one year from date of permit)
Name and Address
Affiliated Fund, Inc.
One Exchange Place
Jersey City, New Jersey

Amount Authorized
$382,275.66 of common stock,
P/V 25c

American Business Shares, Inc.
63 Wall Street
New York 5, New York

$517,450.59 sales price common stock

Axe-Houghton Fund, Inc.
One Exchange Place
Jersey City, New Jersey

$50,000 sales value, capital
stock

.3-31-45

Axe-Houghton Fund "B", Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 sales value, common
stock, to be sold in Arkansas
only through and by registered and qualified dealers.

7-15-44

Berry Dry Goods Company
Fort Smith, Arkansas

Unsold portion of 269· shares
of 7% preferred stock; P /V
$100.00.

·7_ 1-44

Boston Fund, Inc.
11 Devonshire Street
Boston, Massachusetts

Unsold portions $25,000 common stock

11- 2-44

Chemical Fund, Inc.
15 Exchange Place
Jersey City, New Jersey

$50,000 capital
$1.00

7- 1-44

Dividend Shares, Inc.
Jersey City, New Jersey

$50,000 common stock

Equipment Finance Corporation
Chicago, Illinois

$25,000 common
P/V

Fundamental Investors
63 Wall Street
New York, New York

$100,000, no value, $2
common capital stock

5- 4-45

General Waterworks
211 West 5th
Pine Bluff, Arkansas

$100,000 of its preferred 5%
stock at par less $2.50 per
share commission to be sold
in Arkansas only by and
through registered and qualified dealers.

5-29-45

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

Date
7- 1-44

7- 1-44

12-31-44

11- 9-44

o-

1-45

stock

stock,

P /Y

no
pal'

$25,000 capital stock of the
Railroad Stock Shares

•

Thirty-First Report

•

131

Date
6-11-45

Name and Address
Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

Amount Authorized
$100,000 capital stock

3- 6-45

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 capital stock of Institutional Bond Shares, to
be sold only through ,Tegistered and qualified dealers
in Arkansas

9-18-44

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$50,000 capital stock of the
seventeen Industrial Classes

1-12-45

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 sales value of capital
stock of the Low Priced
Shares

2-12-45

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 Syndicate, a registered and qualified dealer.

12- 5-44
i(

Investors Syndicate of America, Inc. Unlimited amount of Invest200 Roanoke Building
ment certificates, series one
Minneapolis, Minnesota

7- 1-44

Manhattan Bond Fund, Inc.
15 Exchange Place
Jersey City, New Jersey

Unsold portion of $25,000,
10c par value, capital stock

7- 1-44

Massachusetts Investors 2nd
Fund, Inc.
15 Exchange Place
Jersey City, New Jersey

Unsold portion of $95,366.39
worth common stock

7- 1-44

Massachusetts Investors Trust
19 Congress Place
Boston, Massachusetts

Unlimited amount of certificate of Beneficial Interest

9-26-44

New York Stock, Inc.
15 Exchange Place
Jersey City, New Jersey

$101,530.50

3-15-45

Selected American Shares, Inc.
135 South LaSalle Street
Chicago, Illinois

$100,000 ( sales value) common stock to be sold t:.rough
registered and qualified Arkansas dealers.

9-30-44

Union Trusteed Funds, Inc.
63 Wall Street
New York, New York

$168,016.94 sales price aggregate amount of capital
stock of Union Trusteed
Funds

132

State of Arkansas: Bank Department
I,

COMBINED OPERATING STATEMENT OF ONE HUNDRED
FIFTY BURIAL ASSOCIATIONS FOR THE TWELVE MONTH
PERIOD ENDING JUNE 30, 1945
Balance for payment of benefits of June 30, 1944 ________ $1,065,532.18
Receipts from July 1, 1944, to June 30, 1945 _____________ 2,459,067.12
Operating expense ----------------------------------- 327,235.00
Average percent of receipts___________________________
13.3
Benefits paid _____________ -------------------------- 1,697,166.00
Balance for payment of benefits June 30, 1945:
Banks and cash ____________________________ $915,425.30
U. S. Bonds and securities __________________ 584,773.00 1,500,198.30
Approximate Number of Members, 1,562,891
Number of benefits rendered, 11,107

Thirty-First Report

133

BURIAL ASSOCIATIONS AUTHORIZED TO SELL ME;\'IBERSHIP
CERTIFICATES IN THE ST ATE OF ARKANSAS
AS OF JUNE 30, 1945
Sec'y-Treas.
Address
Name of Association
Adams Burial_ Associa~iOJ:---------- _Cotter __________ .lv,rs: Joe M. Adamy·
Andrews
Idaha
Andrews Bunal Associat10n _________ El Dorado _______
Arkansas Burial Society, Inc. ________ Fort Smith ______ Mrs. Helen Stackacle
Arkansas Funeral Home Burial Ass'n .. Clarksville ______ L. B. Cox
Arkansas State Burial Association ___ Rison ___________ Mrs. Ruth Buie
Ashby Burial Association ___________ Benton __________G. Hawkins
Ashley County Burial Association ___ Hamburg ________Murphy Jones
Bailey Burial Association ___________ Cabot_ __________ Mrs. Gladys Bailey
Barry County Burial Association, Inc._Eureka Springs __ w. D. Koone
T. E. Barton Burial Association ______ El Dorado _______ Eula Dorman
Baxter County Burial Association ____ Mountain Home __Q. B. McClure
Beasley-Wood Burial Society ________ Mena ___________ OJen R. Wood
Boone County Burial Association ____ Harrison ________ L. C. Holt
Branscumb Burial Association _______ Brinkley ________ Ruth S. Branscumb
Brickell Burial Association __________ MarvelL ________ Pauline Brickell
Briggs Burial Association ___________ Judsonia ________ F. G. Briggs
Brown-Midkiff Burial Society _______ Clarendon _______ A. L. Brown
Burns Burial Association ____________ Bentonville ______Jessie Parker Burns
Leo Carr Burial Association _________ Mammoth Spring.Leo Carr
Carroll County Burial Association ____ Berryville _______ R. L. Nelson
Caruth Burial Association ___________ Hot Springs _____ Jack Caruth
Caskey Burial Association ___________ Des Arc _________H. M. Caskey
Cave City Burial Association ________ Cave City ________Silas McGee
Cecil Burial Association _____________ Batesville _______ Dr. Walter W. Cecil
Ernest E. Chandler Burial Association.Searcy __________ Mrs. E. E. Chandler
Charleston Benevolent Burial Ass'n ___ Charleston _______l\1rs. Maymie Rainwater
Charleston Hardware Burial Ass'n ___ Charleston ______ Herman Adams
Chicot County Burial Association ____ Eudora __________Charles McCullough
Christeson Burial Association ________ Harrison ________ A. C. Christeson
The Christian Burial Association _____ Eudora __________Glasco Watts
Church Burial Association ___________ Dermott _________Conneliaus Davis
Citizens Burial Association __________ Warren _________ James R. Johnson
Citizens Burial Association __________ West Memphis ___Mrs. Lucy Ruth Johnson
Cobb Funeral Home Burial Society ___ Blytheville ______ w. H. Stovall
Collinson Burial Association ________ Bald Knob _______w. Ernest Forbes
Columbia County Burial Association __ Magnolia ___ -- ---Charles Lewis
Cross County Burial Association ____ Wynne __________w. C. Kernodle
Daniel Burial Association ___________ Searcy__________w. E. Daniel
Desha and Chicot Co. Burial Ass'n ___ McGehee ________ H. B. Dyer
Dixie Funeral Association __________ McGehee ________ Mrs. L. L. Jones
T. T. Doolin Burial Association ______ Conway _________ T. T. Doolin
Downey Burial Association __________ Dermott_ ________ E. Q. Downey
Drew County Burial Association _____ MonticelJo _______Hattie E. Henderson
East Funeral Benefit Assurance Co, __ Texarkana _______w. F. Meissner
A. J. Emerson Burial Association ____ Paragould ______ _A.. J. Emerson
Flowers Burial Association __________ Marianna ________ F. C. Flowers
Fordyce Burial Association __________ Fordyce _________Carlton Mays
Franklin County Burial Association __ Ozark ___________J. T. Greer, Jr.
Frazer's Burial Association _________ Warren _________ Elbert Frazer
Friend11hip Burial Association _______ Ashdown ________T, M. Phillips
Goatcher Burial Association _________ Lake Village _____,,foble B. Goatcher
Good Samaritan Mut. Benev. Ass'n ___ Hot Spring·s _____ Rev. Leon Harris
Grand Prairie Burial Association ____ DeWitt_ _________Don W. Essex
Great Southern Protective Ass'n _____ Arkadelphia _____ <\.lva C. Harris
Gregg Burial Association ___________ Jonesboro _______ Vester Miller
Griffin Burial Association ___________ Jonesboro _______ Mrs. R. N. Jameson

134

State of Arkansas: Bank Department

Name of Association
Address
Sec'y-Treas.
Griffin-Leggett Burial Association ___ Little Rock ______ Paul Y. Griffin
Hammons Burial Association ________ Warren _________ Vivian Hammons
Hancock Burial Association _________ Marked Tree _____Mrs. Kate 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
Hernden-Cornelius Burial Ass'n ______ Hope ____________T. S. Cornelius
Hicks Burial Association ____________ Hope ___________ .c. W. Hicks
Holt Burial Association _____________ Blytheville ______ E. M. Holt
Hot Spring County Burial Ass'n ______ Malvern _________ Mrs. F. D. Cooper
Howard Burial Association __________ Leachvffie _______ H, H. Howard
Howard County Burial Association ___ Nashville ________M, A. Floyd
Hubble Burial Society ______________ Little Rock ______ M, L. Freeman
W. H. Irby Burial Association _______ Rector __________ W. H. Irby
Johnson Burial Association __________ Walnut Ridge ____w, C. Bryan
Johnson-Williams Burial Association __ Cotton Plant_ ____ Mrs. Am bra Johnson
Jones Burial Association ____________ Texarkana ______ Lena P. Jones
Jonesboro Burial Association ________ Jonesboro _______ W. T. Emerson
Keeshan-Lambert Burial Ass'n ______ Helena _________ _L. P. Keeshan
Kernodle Burial Association _________ Wynne __________w. C. Kernodle
Kilpatrick-Christian Burial Ass'n ____ Farmersville, La._J. E. Roark
Frank Leach Burial Association _____ Newport_ _______ Frank Leach
Lemley Burial Association ___________ Atkins __________ Q. R. Lemley
Lepanto Burial Association __________ Lepanto _________J. E. Murphy, Sr.
Luginbuel Burial Association ________ Lincoln __________Edna Luginbuel
Malvern Burial Association _________ Malvern _________ Mrs. T. Y. B. Graham
Marion County Burial Association ____ Yellville ________ ..Auburn Keeter
Mayhan-Boultinghouse Burial Ass'n __ Newark _________ Clyde Boultinghouse
McConnell Burial Association ________ Hartford ________ B. A. McConnell
McNabb Burial Association __________ Pocahontas ______ Nell L. McNabb
Mid-South Burial Association ________ Marianna ________Winnie Kennedy
Mineral Springs Burial Association __ Mineral Springs __ Harold Bridgemen
Randall L. Mitchell Burial Ass'n _____ Paragould _______ Randall L. Mitchell
Monarch Burial Association _________ Wynne __________ Helen Hughe"
Moore's Burial Association __________ Fayettevi!le _____ James W. Holder
Morgans Burial Society _____________ StuttgarL _______Frances Morgan
Murry Burial Association ___________ Arkadelphia _____ E. H. Murry
The National Burial Association _____ West Memphis ___ p, M. Dacus
Nelson-Savage Burial Society _______ Fayetteville _____ R. B. Nelson
New Home Burial Association _______ Newport ________ Ottie Dillinger
North Arkansa:;i Burial Association __ MarshalL _______ Russell Sisco
Ocker Burial Association ____________ Van Buren _______ Mary Louise 0. Howell
The Old Reliable Burial Association __ Hughes _________ W. M. Walker
R. W. Olmstead Burial Association __ Heber Springs ___ R. W. Olmstead
Ouachita County Burial Association __ Camden _________ R, T. Lockett
Our Burial Association _____________ Fort Smith _______ Henry Peagues
Ozark Burial Association ____________ Siloam Springs ___Margaret Wasson
Pence Burial Association ____________ Conway _________ Sarah Pence
Peoples Benevolent Protective Ass'n __ Paris ___________ L. B. Cox
Peoples Burial Association __________ West Helena ____ ..Frank Ella Jordan
Peoples Consolidated Burial Ass'n ____ Piggott_ ________ Lloyd Russell
Poinsett Burial Association __________ Trumann ________Paul S. Thompson, Jr.
Polk County Burial Association ______ Mena ___________ R. P. Geyer
Prescott Burial Association _________ Prescott_ _______ .J. D. Cornish
Progressive Burial Association ______ Pine Bluff_ ______U, S. Brown
Putman Funeral Association ________ Fort Smith ______ Mrs. J. G. Putman
Pyeatt's Burial Association _________ Siloam Springs __ .W. 0. Burns
The Raney Burial Association _______ McCrory ________ Walter W. Raney
Frank Reid Burial Association _______ Morrilton _______ .Mrs. Elba Reid
Richardson Burial As!Sociation _______ Texarkana ______ Alex Richardson
H. E. Rice Company Burial Society __ Waldron ________ E. C. Rice

Thirty-First Report

"

135

Name of Association
Address
Sec'y-Treas.
W. A. Rowell Burial Society _________ Fort Smith ______ Vivian Rowell
Ruebel Burial Association ___________ Little Rock ______ E, E. Greenfield
Rumph Burial Association ___________ El Dorado _______ c, B. Rumph
Russell Burial Association ___________ Piggott_ ________ Lloyd Russell
Scott-Sebastian Burial Association ___ Mansfield _______ Joe J. Martin
Searcy County Burial Association ___ MarshalL _______ Leonard Coffman
Shinn & Son Burial Association ______ Russellville ______ Avery Shinn, Jr.
Sims & Walton Burial Association ___ Benton __________Ralph W. Walton
Smith Burial Association------------Lewisville _______ A, 0. Smith
Smith Burial Association ____________ stamps _________ A, 0. Smith
South Ark. Old Age Burial Ass'n ____ camden _________ R, T. Lockett
South Burial Association ____________ Pine Bluff_ ______s, E. South
Southern Dixie Burial Association ___ Hot Springs _____ Mrs. Fannie L. Conde
Southwestern Burial Association _____ Hot Springs _____ Juliette Brenner
Stephenson Burial Association _______ Monticello _______R, E. Stephenson
Stevens Burial Association __________ Forrest City _____ w, E. Stevens
//
Swift Funeral Home Burial Ass'n ____ osceola _________ Mrs. Lelah B. Coble Y
Texarkana Protective Association ____ Texarkana ______ .L. F. Allday, Jr.
Fred A. Thompson Funeral Service
Agreement --------------------Paragould _______Fred A. Thompson
Tri-County Burial Association _______ Jmboden _________ Mrs. Hazel Best
Tri-County Burial Club _____________ Jonesboro _______ E, J. Turner
Union Colored Christian Benevolent B. A,----------------------Farmersville, La._J. E. Roark
United Burial Association ___________ conway _________ E, R. Keller
Watson Burial Association __________ Fayetteville ______ Edmond P. Watson
Westbrook Burial Association of
Glenwood __________ -----------Glenwood ________Philip Kelley
C. B. Westbrook Burial Association __ Hazen ___________C, B. Westbrook
W. L. Westbrook Burial Association __ Beebe ___________B, W. Linder
White River Burial Association ______ Batesville _______ A, L. Crouch
Wilkerson Burial Association ________ De Queen ________ Fred Wilkerson
Williams Burial Association _________ Camden _________ Benjamin F. Williams:
Wilson Burial Association ___________ England _________W. M. Wilson
Wylie Burial Association ____________ Brinkley ________ Davis Wylie
✓
Yell County Burial Association ______ Dardane!Je ______ Lamo,1t CornweH .

136

State of Arkansas: Bank Department

CONSOLIDATED STATEMENT OF CONDITION OF THE FOURTEEN COOPERATIVE EXCHANGES OPERATING IN
ARKANSAS AS OF JUNE 30, 1945
Resources
Loans and discounts __________________________________ $ 24,485.40
C.C.C. Loans on cotton _______________________________ _
12,541.05
Bonds and securities _________________________ -- --- - --11,260.9R
United States Government Obligations _______________.__
65,104.36
1,800.00
Banking house-------------------------------------Furniture and fixtures _______________________________ _
2,631.63
Cash and due from banks ____________________________ _ 2,051,539.08
4,057.04.
Other resources------------------------------------Total ___________________________________________ $2,173,419.54

.

Liabilities
Capital stock ---------------------------------------$ 17,214.00
Surplus and undivided profits_________________________
39,090.37
Deposits ____________________________________________ 2.)15,5~6.5:l
Other liabilities _____ ____ __ _____________________ _____
1,588.64
Total -------------- ________________________ ---·--$2,173,419.54

I
.t

Thirty-First Report

137

THE FIRST COMPANY, BLACK ROCK
Population 769.
J. F. Sloan, President

Lawrence County
is. B. l!ill a:a, Cashier

Statement of June 30, 1945

Resources
Cash and due from banks ___ $4,325.64
Other resources ___________ 247.32
Total

_________________ $4,572.96

\

Liabilities
Capital stock -------------$2,480.00
Surplus and profits _______ 1,762.94
Other liabilities ___________ 330..02
Total

_ ----------------$4,572.96

EARLE EXCHANGE COMP ANY, EARLE
Population 1,872.
Luther Wallin, President

Crittenden County
Mrs. M. F. Fullwood, Cashier

Statement of June 30, 1945

•

Resources
Loans and discounts ______ $ 4,002.00
C.C.C. Loans _____________ 12,541.05
Cash and due from banks_ 467,124.34
Furniture and fixtures___
942.51
Other resources _________
145.47

Liabilities
Capital stock -----------$ 2,000.00
Surplus and P,_rofits______ 15,175.39
Deposits _ -------------- 467,579.98

Total ________________ $484,755.37

Total ________________ $484,755.37

ELAINE COOPERATIVE EXCHANGE, ELAINE
Population 634.
J. J. Patridge, President

Phillips County
Mrs. Catherine M. Reed, Cashier

Statement of June 30, 1945

Resources
Furniture and fixtures ___ $
284.50
Cash and due from banks_ 102,031.98
Other resources _________
.17

Liabilities
Capital stock ------------$
860.00
Surplus and profits______
942.96
Deposits _ -------------- 100,,458.08
Other liabilities _________
55.61

Total _________________ $102,316.65

Total __________ ------$102,316.65

138

State of Arkansas: Bank Department

HARDY EXCHANGE, HARDY
Population 721.
R. S. Biggers, President

Sharp County
T. W. Walker, Cashier

Statement of June 30, 1945
Liabilities
Capital stock -----------$ 1,250.00
Surplus and profits ______
841.00
Deposits _ _ ____________ 149,033.88

.

KEISER EXCHANG
Population 452.
J. K. Childs, President

Mississippi County
Mrs.

~••ii,,;Qtr• Cash~er

Statement of June 30, 1945

~t

;?y!i ,,

=✓
.

V i""""t"

Resources
U. S. gov't obligations ____ $ 15,004.36
Furniture and fixtures___
90.00
Cash and due from banks_ 147,408.08
Other resources _ _ _ __ _ __ _
89.09

Liabilities
Capital stock -----------$
600.00
Surplus and profits______
1,238.83
Deposits _______________ 159,561.29
Other liabilities _________
1,191.41

Total _ ---------------$162,591.53

Total _ ---------------$162,591.53

Thirty-First Report

139

LAKE CITY EXCHANGE, LAKE CITY
Population 786.

Craighead County

Fred Carter, President
Statement of June 30, 1945

Resources
100.00
U. S. Gov't obligations ___ $
Cash and due from banks __ 109,088.51
40,1.06
Other resources ________

Liabilities
Capital stock ------·-----$ 2,50-0.00
1,787.50
Surplus · and profits______
Deposits _ _ ____________ 105,302-.07

Total _ --------~-----$109,589.57

Total _______________ $109,589.57

LEACHVILLE EXCHANGE, LEACHVILLE
Population 1,076.
Paul Downes, President

Mississippi County
DeLean Alexander, Cashier

Statement of June 30, 1945

\

Resources
245.00
Loans and discounts _____ $
Cash and due from banks_ 104,450.33
77.52
Other resources _________

Liabilities
400.00
Capital stock -----------$
1,669.66
Surplus and profits______
Deposits ______________ 102,703.19

Total _______________ $104,772.85

Total _______________ $104,772.85

MERCHANTS AND PLANTERS EXCHANGE, MANILA
Population 1,248.
George S. Snider, President

Mississippi County
Grover E. Snider, Cashier

Statement of June 30, 1945

J

Resources
U. S. Gov't obligations ___ $ 50,000.00
Cash and due from banks_ 138,052.05

Liabilities
460.00
Capital stock -----------$
8,050.86
Surplus and profits______
Deposits -'-,_-------------- 179,541.19

Total _ _ _____________ $188,052.05

Total _______________ $188,052.05

140

State of Arkansas: Bank Department

PEOPLES EXCHANGE, McRAE
Population 420.
H. F. Hammack, President

White County
G. M. Bennett, Cashier

Statement of June 30, 1945
Resources
Loans and discounts ____ $
1,610.00
Banking house ________ _
1,80.0.00
Furniture and fixtures __ _
500.00
Cash and due from banks_ 176,279.90
Other resources ________ _
36.38

Liabilities
Capital stock -----------$ 2,500.00
Surplus and profits______
334.9ti
Deposits ________________ 177,391.32

Total _______________ $180,226.28

Total _______________ $180,226.28

MINERAL SPRINGS EXCHANGE COMP ANY, MINERAL SPRINGS
Population 731.
Lee McCorkle, President

Howard County
E. C. Dillard, Cashier

Statement of June 30, 1945
Resources
Loans and discounts ______ $18,628.40
Furniture and fixtures____
534.62
Cash and due from banks __ 55,149.47

Liabilities
Capital stock ____________ $ 2,200.00
Surplus and profits_______ 1,767.52
Deposi'ts _ --------------- 70,343.72
Other liabilities __________
1.25

Total _ ----------------$74,312.49

Total _ ----------------$74,312.49

TYRONZA EXCHANGE COMPANY, TYRONZA
Population 639.
D. F. Wylie, President

Poinsett County
W. S. Tatum, Cashier

Statement of June 30, 1945
Resources
Cash and due from banks __ $59',475.46

. Liabilities
Capital stock ------------$ 440.00
Surplus and profits_______
50.17
Deposits _ --------------- 58,985.29

Total _________________ $59,475.46

Total _________________ $59,475.46

,.