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R E P O R T OF THE  BANK COMMISSIONER   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  OF ARKANSAS 1953  FRAN CIS C H ER R Y Governor  K f GOVERiVOpo^' . i  ““  '  RY  SESERV E j ^ A . R. M ERRITT State Bank Commissioner   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  THIRTY-NINTH REPORT OF T H E  BANK  COMMISSIONER OF T H E  STATE OF ARKANSAS  FOR T H E Y E A R E N D IN G JU N E 30, 1953   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  A.  R. M ERR ITT  State Bank Commissioner   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  ST A T E OF A R K A N S A S O FFICE OF ST A T E B A N K D E P A R T M E N T July 2, 1953 To His Excellency Francis Cherry Governor of Arkansas Sir: I have the honor of submitting' to you the Thirty-Ninth Annual Report of the State Bank Department for the fiscal year ending June 30, 1953, in compliance with the terms and provisions of A ct 113 of 1913 (Now found in Section 67-111, Arkansas Statutes of 1947). The report reflects the condition o f the State-chartered banks and trust companies, building and loan associations, indus­ trial loan companies, credit unions and other factual data pertain­ ing to the operation o f the Department.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Respectfully submitted A . R. Merritt State Bank Commissioner  TABLE OF CONTENTS  Page Legal Holidays------------  6  Departmental Roster______________________________  7  Commissioners of State Bank Depadtment_________________________________ 8 Receipts and Disbursements_______________________________________________ 9 Officials Arkansas Bankers Association 1953-1954_________________________ 10 Officials Junior Bankers Section 1953-1954_______________________________ 10 Officers Federal Reserve Bank of St. Louis, Missouri_____________________ 11 Officers Little Rock Branch Federal Reserve Bank of St. Louis, M issouri-------------------------------------------------------------------------------------------- 11 Examiners Federal Deposit Insurance Corporation for Arkansas___________ 11 Examiners National Bank Department in Arkansas------------------------------------ 11 Comparative Abstract showing condition of State Banks and Trust Companies as of June 30, 1953 and June 30, 1952--------------------------------- 12 Comparative Abstract showing condition of State and National Banks as of December 31, for the years 1952-1948_____________________ 13 Comparative statement of condition of State Banks and Trust Companies for the past thirty-three years---------„ ------:---------------------------14 Consolidated report of Earnings and Dividends of State Banks and Trust Companies for the twelve months ending December 1952________15 Banking Facilities by Counties including State and National Banks, Teller’s Windows and Cooperative Exchanges_______________________16-17 National Banks in Arkansas----------------------------------------------------------------------18 Members of Federal Reserve System______________________________________ 19 Commercial Banks Non-Members of Federal Deposit Insurance Corporation_________________________________________________________ 19 Trust Companies not engaged in commercial banking and non­ members of Federal Deposit Corporation______________________________ 19 State Banks Operating Teller’s Windows_________________________________ 20 National Banks Operating Teller’s Windows_________ .____________________ 20 New Banks Chartered------------------------------------------------------------------------------- 20 Amendments Altering Capital Structure__________________________________ 20 Other Amendments_______________________________________________________ 21 Banks Establishing Teller’s Windows---------------------------------------------------------21 Ratio of Total Capital Accounts to Total Liabilities__________________ __21-23 Individual statement of condition of all State Banks and Trust Companies as of June 30, 1953-----------------------------------------------:___ 25-119 Combined and individual statement of condition of Cooperative Exchanges as of June 30, 1953---------------------------------------- http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  120-122  Page  Combined and individual statement of condition of Building and Loan Associations as of December 31, 1952------------------------------------125-129 List of Voluntarily Liquidating State Chartered Building and Loan Associations----------------------- ------------------------------------------------------ 130 Supervised loan companies under Act 397 of 1947 as of June 30, 1953___________________________________________  132  Mortgage loan companies under Act 397 of 1947 as of June 30, 1953------------,133 Combined and individual statement of condition of Industrial Loan Institutions operating under Act 111 of 1941 as of June 30, 1953______________ _________________ 1_________________ 134-138 Combined and individual statement of condition of Credit Union as of December 31, 1953________________________________  139-149  Qualified Stock Exchanges_______________________________________________150 Issuers Registered by Qualification under Act 397 of 1947 as of June 30, 1953_____________________________ ,__________________151-152 Issuers Registered by Notification under Act 397 of 1947 as of June 30, 1953_______________ ^____________________________________ 153 Dealers authorized to sell qualified or exempt Securities as of June 30, 1953____________________________________________________154   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  State of Arkansas:  6  Bank Department  L E G A L H O L ID A Y S  New Y ear’s Day  _  ___  January 1. January 19.  Robert E. Lee’s Birthday George W ashington’s Birthday  .  February 22.  Memorial Day  M ay 30.  Independence Day  July 4.  Commemorating the end N  August 14.  o f World W ar II _ Labor Day  First Monday in September.  Armistice Day  November 11.  Thanksgiving Day  .  -A n y day made or designated by A ct of Congress.  Christmas Day  _____  _  December 25.  All Biennial Statewide Primary and General Election Days.  A ll Bills of Exchange, D rafts or Promissory Notes, which shall become payable on a legal holiday shall be payable on the day next succeeding such holiday. In case any legal holiday which falls on Sunday, the next succeeding Monday shall be a legal holiday in its stead.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  7  Thirty-Ninth Report  D E P A R T M E N T A L ROSTER A . R. Merritt_________________________ State Bank Commissioner Theo P. Carson_______________________ Assistant Bank Commissioner John L. Carter_________________________ Assistant Commissioner in charge Building and Loan and Securities Division.  B A N K E X A M IN E R S F.  D. S. Patterson J. A . W elty  C. Rayburn  Phillip R. W hite  A S S IS T A N T E X A M IN E R S H.  Doyle Jones  Olan B. W ages  BU ILD IN G A N D L O A N A N D SECURITIES E X A M IN E R G.  C. Mangum  C LER KS A N D STEN OG R APH ER S Audrey A m n  Helen Jaimes Betty Morton  Nora S,. Powers  S T A T E B A N K IN G BOARD C. E. Crossland, Chairman_________________________Little Rock John W . Edwards___________________________________ _Batesville Lawson T. Garner____________________________________ Crawfordsville James H. K ays________________________________________ Fayettevillfe F. J. W hite__________________________________________ Prescott Theo P. Carson, Secretary___________________________ Little Rock  OFFICE Room 270, State Capitol Building   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Telephone 2-3161  State of Arkansas:  8  Bank Department  COMMISSIONERS OF THE STATE BANK DEPARTMENT STATE OF ARKANSAS No.  1.  2.  3. 4. 5. 6 7. 8. 9. 10. 11.  .  .  12  , Name Date of Appointment Date Service Ended John M. Davis_____ March 6, 1913___________ October 3, 1918 A. J. Reap______ ___October 3, 1918__________ March 22, 1919 W. T. Maxwell_____ March 22, 1919__________ September 1, 1921 Charles McKee_____ September 1,1921________ July 28, 1925 Loid Rainwater__ 1_July 28, 1925____________ February 8, 1927 Walter E. Taylor___ February 8, 1927________ January 10, 1933 Marion Wasson____ January 10, 1933_________ January 12, 1937 Grover S. Jernigan_January 12, 1937_______ January 14, 1941 Thomas W. Leggett-January 14, 1941_______ February 1, 1949 S. J. Dean__________February 1, 1949________ December 31, 1949 Ed I. McKinley, Jr._December 31, 1949_______March 14, 1953 A. R. Merritt_______March 14, 1953__________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Thirty-Ninth Report  9  The'following is a statement showing the receipts and disbursements of the State Bank Department from July 1, 1952 to June 30, 1953. RECEIPTS Cash balance with State Treasurer June 30, 1952__________________ $129,913.34 Examination and Assessment Fees— Bank Division___ $24,080.73 Charter and Amendment Fees— Bank Division _____ 855.00 Miscellaneous Fees—Bank D ivision__________________ 910.23 Examination and Assessment Fees— Building & Loan Division________________________ 2,378.52 Miscellaneous Fees— Securities Division______________ 23,967.59 52,192.07 $182,105.41 DISBURSEMENTS Salary of Bank Commissioner___________________________________ $ 5,000.00 Salary of Assistant Bank Commissioner___ 1____________________ 5,000.00 Salary of Assistant Commissioner— Securities Division__________ 4,500.00 Salaries of 3 Senior Bank Examiners_____________________________ 15,000.00 Salaries of 3 Junior Bank Examiners____________ 6,799.82 4,000.00 Salary of Secretary-Examiner— Securities Division_____________ i Salaries of 3 Assistant Bank Examiners_________________________ 3,550.06 Salary of Bookkeeper___________________________________________ 2,700.00 Salaries of 3 Stenographers_____________________________________ 6,125.00 Maintenance____________________________________________________ 18,060.37 Equipment _____________________________________________________ 642.58 1,473.69 Charges by State Treasurer—Handling fees_____________*_________ Charges by State Treasurer—Department contributions to Social Security: 3rd Quarter, 1952_____________________________ $189.16 4th, Quarter, 1952_____________________________ 81.80 1st Quarter, 1953_______________________________ 200.43 2nd Quarter, 1953______________________________ 190.99 6^2.38 $ 73,513.84 Cash balance with State Treasurer June 30, 1953__________________ 108,59,1.57   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $182,105.41  10  State of Arkansas:  Bank Department  A R K A N S A S B A N K E R S ASSOCIATIO N 1953-1954 President___________ W ayne A . Stone, President, Phillips National Bank, Helena Vice President_____ Louis E. Hurley, President, The Exchange Bank & Trust Company, El Dorado Treasurer________ _Thomas E. Hays, Cashier, First National Bank, Hope Secretary___________ Jeff Burnett, 621 Pyramid Building, Little Rock  E X E C U T IV E COUNCIL .Forrest City .W ynne . Bates ville Searcy .Stamps .Crossett .McGehee .Magnolia Rogers .Fort Smith  W . M. Campbell-_ J. H. Harris_____ H. M. Kennerly__ E. P. Pyeatt____ J. C. Cabe________ Roy Dooley_______ Sam Bowman____ W . L. Jameson, Jr. L. W . Harris_____ Carle Robbins___  C O U N C IL M E N -A T -L A R G E Thos. W . Stone_________________________________________ Hot Springs Thos. G. W ilson________________________________________ Conway OFFICERS JUNIOR B A N K E R S SECTION A R K A N S A S B A N K E R S ASSO C IATIO N President___________Herion Ross_______ ,_______________Texarkana Vice President_____J. B. Waddington________________ Little Rock Secretary----------------John C.' Calhoun_________________ Little Rock Treasurer__________ Garland Kirkpatrick____________ Jonesboro   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  11  Thirty-Ninth Report  F E D E R A L R E SE R V E B A N K OF ST. LOUIS, MISSOURI DISTRICT NO. 8 President_______________________________________ Delos C. Johns 1st Vice President____________________________ Frederick L. Doming Vice President_________________________________W m . E. Peterson Vice President_________________________________J. C. W otawa Vice President_________________________________Dale M. Lewis Vice President and Secretary_______________ H. H. W eigel Vice President____ C. M. Stewart____________________ Little Rock Vice President____ C. A . Schacht____________________ Louisville Vice President____ Paul M. Schroeder______________ Memphis Chief Examiner___ Geo. E. Kroner___________________St. Louis L IT T L E ROCK BR AN C H F E D E R A L R E SE R V E B A N K OF ST. LOUIS, MISSOURI Vice President andManager__________________C. M. Stewart Assistant Manager____________________________ Clifford Wood Assistant Manager___ .________________________ W . J. Bryan Assistant Manager____________________________ Marvin L. Bennett F E D E R A L DEPOSIT IN SU R A N C E CORPORATION DISTRICT N O. 6 1059 Arcade Building, St. Louis, Mo. Supervising Examiner________________________ C. M. Dunn A s s ’t. Supervising Examiner________________ Rex Clark E X A M IN E R S FOR A R K A N S A S W m . L. Barbour, Jr______________Salinger Bldg., North Fred H. Caudle___________________ Salinger Bldg., North Henry M. Frazer__________________ Salinger Bldg., North  Little Rock Little Rock Little Rock  N A T IO N A L B A N K E X A M IN E R S FOR A R K A N S A S Reed Dolan, Chief National Bank Examiner, 416 No. Broadway St. Louis, Mo. Richard B.. Hanlen, P. 0 . Box 2180, Little Rock, Arkansas Isaac T. Shaw, P. 0 . Box 825, Fort Smith, Arkansas   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  COMPARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUST COMPANIES OF A R K A N SA S AS OF JUNE 30, 1953 AND JUNE 30, 1952  Increase  RESOURCES: Cash and due from banks- — ------- --U. S. Government obligations --------Other bonds and securities _ _ — Loans and discounts---- ----------------------Banking house, furniture and fixtures Other real estate______________ _______ Other resources--------------------- —  $117,406,392.38 152,351,086.52 37,529,243.80 125,554,203.01 2,811,761.61 56,349.53 721,062.74  $114,420,651.41 144,775,885.35 34,268,802.43 120,838,635.57 2,894,810.79 54,309.34 734,576.79  $ 2,985,740.97 7,575,201.17 3,260,441.37 4,715,567.44  TOTAL RESOURCES____________  $436,430,099.59  $417,987,671.68  $18,442,427.91 (Net)  LIABILITIES: Demand deposits______________ a. ____ Savings and time deposits___ ____ ____ U. S. Government deposits___ _ _ Public funds________ _ _ _ _ _ . Deposits of banks__ _ __ __  $287,783,175.58 53,139,483".71 3,179,907.75 43,063,703.46 11,418,050.00  $279,707,394.96 47,380,840.86 4,606,795.53 39,020,676.96 12,462,937.38  $ 8,075,780.62 5,758,642.75  TOTAL DEPOSITS ________ — Other liabilities__________ _____ _____ .  $398,584,320.50 679.175.15  $383,178,645.69 392.614.24  $15,405,674.81 276.560.91  TOTAL LIABILITIES  _ .  $399,263,495.65  $383,571,259.93  $15,692,235,72 (Net)  CAPITAL ACCOUNTS: Capital stock__ ________ _____ ________ Surplus__ ______________ __________ Undivided profits and reserves _____  $ 11,067,500.00 11,665,000.00 14,434,103.94  $ 10,705,000.00 10,922,500.00 12,788,911.75  362.500.00 742.500.00 1,645,192.19  $ 37,166,603.94  $ 34,416,411.75  $ 2,750,192.19  $436,430,099.59  $417,987,671.68  $18,442,427.91 (Net)  _  TOTAL CAPITAL ACCOUNTS—. TOTAL CAPITAL ACCOUNTS AND LIABILITIES__________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  2,040.59  4,043,026.50  Decrease 1  $  83,049.18 13,514.05  1,426,887.78 1,044,887.38  Bank Department  June 30.1952 178  State of Arkansas:  June 30.1953 177  Number of banks reporting  COM PARATIVE A BSTRACT SHOWING CONDITION OF STATE AND NATIONAL BANKS OF A RK AN SAS AS OF DECEMBER 31, 1952-1948  1952 230  Number of banks  1951 230  1950 229  1949 227  1948 225  $ 300,018,000* 355.272.000 87,041,000 252.782.000 5.123.000 101,000 1.314.000  $299,046,000 340.533.000 82,305,000 221.646.000 4.923.000 63,000 1.243.000  $290,995,000 336.852.000 73,171,000 203.864.000 4.487.000 107,000 1.181.000  $258,063,000 335.019.000 ■66,282,000 192.620.000 4.205.000 135,000 1.064.000  $266,865,000 314.912.000 62,581,000 207.586.000 3,736,000 153.000 880.000  TOTAL RESOURCES_________________  $1,001,651,000  $949,759,000  $910,657,000  $857,388,000  $856,713,000  LIABILITIES: Capital stock__ _ _ _____ _________ _____ Surplus____ _______________ ' ________ Undivided profits and reserves______  $21,880,000 26.481.000 22.916.000  $21,035,000 24.234.000 21.069.000  $19,745,000 22.970.000 18.666.000  $18,133,000 20.591.000 16.850.000  $17,536,000 18.645.000 14.680.000  $71,277,000  $66,338,000  $61,381,000  $55,574,000  $50,861,000  927,595,000 2,779,000  881,253,000 2,168,000  847,289,000 1,987,000  799,721,000 2,093,000  804,138,000 1,714,000  $1,001,651,000  $949,759,000  $910,657,000  $857,388,000  $856,713,000  Total capital account___________  ___  Deposits_________ ___________ __ Other lia b ilities._____________ __ TOTAL LIABILITIES_______   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Thirty-Ninth Report  RESOURCES: Cash and due from banks____ ______ U. S. Government obligations__________ Other bonds and securities_____________ Loans and discounts__ _______ ___ _ Banking house, furniture and fixtures— Other real e s t a t e .____________ _______ Other resources______ ____________  03  COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST COMPANIES FOR PAST THIRTY-THREE YEARS Date 1921 1922 _ 1923 1924 __ .. _ 1925 1926 1927 _ . 1928 1929 _ 1930_ 1931__ .. _ 1932_ 1933 — 1934_____ 1935 1936 ____ 1937 __ . 1938 1939_ . _ 1940_ 1941___ _ 1942 ___ 1943 1944 1945 1946 _ . 1947 ___ . _ 1948 1949_ _ . 1950 ___ 1951_ 1952 ___ 1953   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Loans and Discounts  Borrowed Money  Cash  406 402 403 397 396 394 376 358 347 329 265 223 202 189 180 178 176 171 167 169 166 166 161 161 163 169 170 174 174 176 177 178 177  104,393,600 106,276,400 128,580,700 123,365,300 136,552,900 142,107,300 134,788,700 135,849,800 137,636,800 131,936,800 92,097,800 62,043,400 47,335,000 41,756,400 50,646,500 59,441,000 66,036,600 66,771,000 73,397,300 79,079,100 94,733,000 128,975,900 390,153,500 226,832,800 302,720,500 355,193,200 346,132,500 340,469,900 344,900,700 354,288,100 358,571,300 383,178,600 398,584,300  113,064,400 101,031,600 109,443,400 114,950,900 117,669,200 123,464,400 112,051,800 109,167,900 109,438,700 111,542,200 67,063,800 46,374,800 29,925,600 23,434,300 25,039,400 22,088,500 24,965,600 29,138,400 36,443,100 32,496,900 33,420,100 30,666,600 30,497,300 42,121,000 50,282,600 49,928.600 70,403,400 82,157,200 101,075,200 94,148,700 108,035,400 120,769,700 125,554,200  27,416,000 14,857,200 9,639,800 14,237,400 13,403,100 13,078,300 8,011,600 7,120,500 8,333,200 12,018,900 3,356,600 7,676,700 6,798,200 3,515,800 320,500 148,300 233,500 88,100 206,100 72,300 75,100 56,700 83,700 81,700 106,700 131,700 116,700 221,700 118,200 148,200 133,200 58,200 298,200  25,680,400 27,074,700 34,083,000 28,651,300 34,129,800 35,902,800 35,390,100 33,484,400 32,607,700 30,886,200 26,347,000 20,014,800 19,530,100 18,594,700 20,827,300 29,198,000 28,661,800 26,501,600 27,761,400 34,852,000 46,087,100 75,993,000 88,424,600 87,156,400 115,746,100 114,416,400 102,647,800 96,311,500 96,605,800 102,081,300 102,013,000 114,420,700 117,406,400  U. S. Gov’t Bonds 6,658,000 3,558,000 6,626,900 3,604,000 4,720,100 4,401,600 4,426,700 6,048,500 8,403,100 4,892,500 4,101,500 6,061,500 6,946,200 7,155,500 9,206,600 11,254,400 12,197,200 10,842,300 9,198,600 10,664,100 12,705,800 21,423,800 71,252,800 97,906,100 137,559,700 187,100,000 170,818,800 160,340,700 148,075,000 158,652,300 148,390,100 144,775,800 152,351,100  Capital Structure  Total Resources  25,474,800 25,270,900 25,842,200 25,770,300 25,186,900 25,374,100 24,424,800 23,434,400 23,593,100 23,169,300 17,551,500 14,937,100 12,398,500 12,047,800 11,693,400 11,769,900 12,059,300 12,084,800 12,280,700 12,567,100 12,805,500 13,316,600 13.904,500 15,076,800 16,624,500 18,908,900 21,414,700 23,769,900 26,381,700 29,064,500 31,611,000 34,416,400 37,166,600  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 71,508,200 78,432,900 79,016,200 85,961,400 92,002,700 107,936,900 142,710,700 204,492,600 242,132,900 319,689,500 374,451,600 367,934,700 364,722,300 371,711,900 383,815,000 390,770,400 417,987,700 436,430,100  Bank Department  30, 30, 30, 30, 30, 30, 30, 30, 29, 30, 30, 30, 30, 30, 29, 30, 30, 30, 30, 29, 30, 30, 30, 30, 30, 29, 30, 30, 30, 30, 30, 30, 30,  Deposits  State of Arkansas:  June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June June  Number Banks  Thirty-Ninth Report  15  CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE BANKS AND TRUST COMPANIES FOR TWELVE MONTHS ENDING DECEMBER, 1952 EARNINGS: Interest and discount; on loans-____________ $7,135,047.25 Interest and dividends on securities_________ 3,412,924.91 Service charges, exchange charges, etc______ 2,733,703.01 Other operating earnings___________________ 344,751.29 $13,626,426.46  Total earnings from operationsEXPENSES: Salaries, wages apd directors’ fees__. Interest paid on time deposits________ Interest paid on borrowed money____ Taxes other than on income_________ Taxes on income_____________________ Other current expenses_____________  $4,677,363.91 543,728.08 9,091.39 364,893.62 1,526,287.91 2,641,807.78 9,763,172.69  Total current expenses.  Net current operating earnings------------------------------------$ 3,863,253.77 RECOVERIES AND PROFITS: On securities On loans___ All others__  .$  38,920.35 129,331.29 87,718.54 255,970.18 $ 4,119,223.95  LOSSES CHARGED OFF: On securities. On loans____ All others  $ 164,110.64 335,689.41 _ T5,538.42 575,338.47 $ 3,543,885.48  DIVIDENDS PAID: Cash dividends on common stock----------------- $1,079,917.50 On preferred stock_________________________ 139.21 1,080,056.71 Net profits after dividends___________________________ $ 2,463,828.77 OTHER INCREASES IN CAPITAL ACCOUNTS: New common stock sold------------------------- '— $ Premium on new common stock sold__________  55,000.00 50,000.00 105,000.00  Total _______________________________________________ $ 2,568,828.77 OTHER DECREASES IN CAPITAL ACCOUNTS: Preferred stock retired______________________ $ NET ADDITION TO CAPITAL ACCOUNT FOR 1952  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  1,000.00  1, 000.00  .$ 2,567,828.77  16  State of Arkansas:  Bank Department  BANKING FACILITIES BY COUNTIES INCLUDING STATE AND NATIONAL BANKS, TELLER’S WINDOWS AND COOPERATIVE EXCHANGES State National Teller’s County__________________________ Banks_____ Banks Windows Arkansas_________________ :____ 2 2 1 Ashley________________________ 6 1 Baxter________________________ Benton________________________ 4 1 1 Boone________________________ 2 Bradley_______________________ 2 1 Calhoun_______________________ 1 Carroll_______________________ 1 2 3 Chicot________________________ Clark_________________________ 4 2 Clay__________________________ 3 Cleburne______________________ 2 1 2 Cleveland_____________________ Columbia_____________________ 3 1 Conway_______________________ 1 Craighead_____________________ 5 1 1 Crawford__ :__________________ 4 4 1 Crittenden____________________ Cross_____ -___________________ 3 1 Dallas________________________ 2 1 2 1 Desha________________________ Drew_________________________ 3 Faulkner______________________ 1 1 Franklin______________________ 2 Fulton________________________ 2 Garland_______________________ 1 1 Grant_________________________ ,1 Greene________________________ 1 2 1 1 2 Hempstead____________________ Hot Spring___________________ 1 1 1 2 Howard_______________________ Independence__________________ 2. 1 Izard_________________________ 3 Jackson__ ____________________ 2 2 1 Jefferson_____________________ 1 2 Johnson_______________________ 1 Lafayette_____________________ 3 1 Lawrence_____________________ 1 2 Lee___________________________ 1 1 Lincoln_______________________ 1 1 1 Little River___ .______________ Logan________________________ 2 1 Lonoke_______________________ 5 2 1 Madison______________________ Marion_____________________ _ 1 Miller__________________________________________1 Mississippi____________________ 6 1 3 Monroe________ ^______________ 3 Montgomery__________________ 1 Nevada_______________________ 1 Newton_______________________ 1 Ouachita______________________ 4 1 Perrv_________________________ 1 Phillips_______________________ 4 2 Pike__________________________ 3 Poinsett______________________ 6 ___ 1  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Cooperative Exchanges  1  1  17  Thirty-Ninth Report BAN K IN G FACILITIES BY COUNTIES INCLUDING STATE AN D N A TIO N AL BANK S, TELLER’S W IN D O W S A N D COOPERATIVE EXCHANGES  County Polk______________________________ Pope_____________________________ Prairie___________________________ Pulaski__________________________ Randolph________________________ St. Francis_______________________ Saline------------------------------------------Scott---------- --------------------------------Searcy-----------------------------------------Sebastian________________________ Sevier_________________________ Sharp____ ______________________ Stone_____________________________ Union____________________________ Van Buren_______________________ Washington---------------------------------White____________________________ Woodruff________________________ Yell______________________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  State Banks 1 5 2 4 2 2 1 1 2 4 2 4 1 4 1 5 7 2 3 177  National Banks  Teller’s Windows  Cooperative E xchanges  1 1 3 2 1 32 1 1 2 2 2 1 1 53  22  3  18  State of Arkansas:  Bank Department  N A T IO N A L B A N K S IN A R K A N S A S  Name  Location  County  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------------- ----- Ouachita Farmers National Bank— ------------------- C la rk sv ille------- -----Johnson First National Bank— -------------— Conway__________ ----- Faulkner First National Bank--------------- -------------- DeQueen________ ----- Sevier First National Bank:___ __ — — ------ DeW itt_________ — Arkansas First National Bank ---------------- -E l Dorado — ____ National Bank o f Commerce--------— —El Dorado_______ — .Union First National Bank-------- ----------- F a y e tte v ille_____ — Washington First National Bank— — ------------------Fordyce ------ _ --Dallas National Bank o f Eastern Arkansas— .'-Forrest City _ - -St. Francis City National Bank- — -------------- -F o rt Smith — ----- Sebastian First National B a n k ---------- — ----------- 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 S p r in g s -----Garland Planters National Bank — — --------Hughes-------------- .— St. Francis First National Bank - — — _ Huntsville — -Madison Peoples National Bank — - -Jonesboro . -Craighead 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___ Malvern National Bank_ -Hot Spring First National Bank _ — _ _ _ -M arianna. — - Lee Planters National Bank _ __ _ -M ena— ---------Polk First National B a n k _ _ _ Nashville— - -Howard First National Bank— - ______ - -N ewport— ------ - Jackson National Bank of Commerce — - --Paragould __ ----- Greene First National Bank _ _ _ _ — Paragould— - -Greene First National Bank___— ____________ Paris _ — Logan National Bank of Commerce __ -----------Pine B luff __ — Jefferson Simmons National Bank — _ _ — Pine B luff -Jefferson American National Bank _ — — R ogers— . -Benton First National Bank _ _ — — -Springdale— _ - Washington Peoples National Bank—— — Stuttgart .Arkansas State National Bank --------— — Texarkana __ Miller ------Trumann _ - -.Poinsett Trumann National Bank---First National Bank — _______ — -Tuckerman _ -Jackson Citizens National Bank -- ----------- — Walnut Ridge— Lawrence First National Bank o f Lawrence Co. Walnut Ridge Lawrence First National Bank_ _ —Wynne — — .Cross   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  19  Thirty-Ninth Report MEMBERS OF FEDERAL RESERVE SYSTEM Date of Admission  Name of Bank and Location  Capital and Surplus  April 21, 1941_______ Elk Horn Bank & Trust Company________ $200,000.00 Arkadelphia April 15, 1953_______ The Citizens Bank-------------------------------------- 150,000.00 Batesville August 23, 1918_____ Farmers Bank & Trust Company---------------- 700,000.00 Blytheville May 10, 1944_______ Bank of Brinkley_________________________ 100,000.00 Brinkley April 28, 1941 _____ The Merchants & Planters Bank--------------- 150,000.00 Camden September 11, 1942__ The Exchange Bank & Trust Company____ 200,000.00 El Dorado January 7, 1944_____ Mcllroy Bank_____________________________ 200,000.00 Fayetteville September 22, 1933___ Fordyce Bank & Trust Company---------------- 200,000.00 Fordyce September 25, 1942___ Arkansas Trust Company__________________ 600,000.00 Hot Springs July 26, 1945_______ Peoples Bank & Loan Company___________ 90,000.00 Lewisville March 20, 1919______ Worthen Bank & Trust Company________ 2,000,000.00 Little Rock September 20, 1944___ Farmers & Merchants Bank_______________ 100,000.00 Marianna July 21, 1920________ The Bank of Russellville___________________ 120,000.00 Russellville August 23, 1923_____ Peoples Exchange Bank___________________ 120,000.00 Russellville June 9, 1942________ Grant County Bank_______________________ 100,000.00 Sheridan April 11, 1944_______.Smackover State Bank___________________ 100,000.00 Smackover May 20, 1921_______ Bank of W aldron_________________________ 100,000.00 Waldron COMMERCIAL BANKS—NON MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION Name  Location  Farmers & Merchants Bank______________________ Des Arc Portland Bank____________________________________ Portland 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   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  20  State of Arkansas:  Bank Department  STATE BANKS OPERATING TELLER’S WINDOWS Name of Bank  Location  -Bald Knob -Benton -D eW itt -Earle -Forrest City -Forrest City -Horatio -Greenwood -MeGehee -Monette -Murfreesboro -Osceola -Osceola -Paragould -Plainview -Searcy -Siloam Spgs. -Tuckerman -Warren -W ilson  Location Teller’s Window  County  Bradford White Bauxite Saline Gillett Arkansas Crawfordsville Crittenden Cotton Plant Woodruff De Vails BluffPrairie Dierks Howard Sebastian Hartford Arkansas City Desha Caraway Craighead Mineral Spgs. Howard Mississippi Joiner Mississippi Luxora Marmaduke Greene Yell Ola McRae White Benton Gentry Jackson Swifton Bradley Hermitage Keiser Mississippi  N A TIO N A L B AN K S OPERATING TELLER’S W IN D O W S First National Bank______________ Fort Smith State National Bank______________ Texarkana  Camp Chaffee Sebastian Foreman Little River  N E W B AN K S CHARTERED July 1, 1952 to June 30, 1953, p r r 'l Name, Location and Date Capital The Citizens Bank, Batesville, Independence County, February 19, 1953__$100,000.00  Charter Surplus Number $50,000.00  705  AM ENDM ENTS ALTER ING CAPITAL STRUCTURE July 1, 1952 to June 30, 19531 1. Benton State Bank, Benton, increased capital from $150,000.00 to $200,000.00 by the declaration of a 33 1-3% stock dividend. 2. Bank of Bentonville, Bentonville, increased capital from $50,000.00 to $60,000.00 by the declaration of a 20% stock dividend. 3. The Eudora Bank, Eudora, increased capital from $50,000.00 to $75,000.00 by the declaration of a 50% stock dividend.. 4. Planters Bank and Trust Company, Forrest City, increased capital from $100,000.00 to $150,000.00 by the declaration of a 50% stock dividend. 5. Horatio State Bank, Horatio, increased capital from $25,000.00 to $32,500.00 by the declaration of a 30% stock dividend. 6. Peoples Bank and Loan Company, Lewisville, increased capital from $30,000.00 to $50,000.00 by the declaration of a 66 2-3% stock dividend. 7. Bank of Malvern, Malvern, increased capital from $50,000.00 to $100,000.00 by the declaration of a 100% stock dividend. 8. McGehee Bank, McGehee, increased capital from $100,000.00 to $150,000.00 by the declaration of a 50% stock dividend. 9. Mississippi County Bank, Osceola, increased capital from $175,000.00 to $200,000.00 by the declaration of a $25,000.00 stock dividend. 10. The Stephens Security Bank, Stephens, increased capital from $25,000.00 to $50,000.00 by the declaration of a 100% stock dividend.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  21  Thirty-Ninth Report AM ENDM ENTS PROVIDING FOR TRUST POWERS July 1, 1952 to June 30, 1953 Name Location Merchants and Planters Bank------------------------------------- Newport  AM ENDM ENTS AUTHORIZING SALE OF ASSETS TO OTHER BANK S July 1, 1952 to June 30, 1953 Bank of Dierks, Dierks, entered into contract for the sale of all or a part of its assets to Horatio State Bank, Horatio. AM ENDM ENTS AUTHORIZING THE PURCHASE OF ASSETS A N D ASSUM PTION OF LIABILITIES July 1, 1952 to June 30, 1953 Horatio State Bank, Horatio, entered into contract for the purchase of all or a part of the assets and the assumption of the deposit liability, of record, of the Bank of Dierks, Dierks. AM ENDM ENTS CHANGING NUMBER OF DIRECTORS July 1, 1952 to June 30, 1953 Location From Name Farmers Bank______ _______________ _____ Greenwood_______ — 5 to 10 Farmers and Merchants Bank_____ ___ Ju d so n ia -___ __ — 5 to 12 Bank of W est M e m p h is---------------- _____ W est Memphis__ — 5 to 9  To 3 to 7 3 to 12 7 to 11  BANK S ESTABLISHING TELLER’S W IN D O W S July 1, 1952 to June 30, 1953 Location of Name Location Teller’s Window Date Horatio State Bank— Horatio______ Dierks_______________ September 2, 1952 B AN K S VO LU N TARILY LIQUIDATING July 1, 1952 to June 30, 1953 Name Location Date Bank of Keo---------------------------------------------- Keo--------------------------- May 7, 1953 TH E A VER AGE RATIO OF TOTAL CAPITAL ACCOUNTS TO TOTAL LIABILITIES OF THE 177 A R K A N SA S STA TE BAN K S A N D TRUST COMPANIES AS OF JUNE 30, 1953 IS 8.5% THE FOLLOWING B AN K S EQUAL OR EXCEED THIS FIGURE  Name of Bank Location Bank of Amity_______________________ Amity ______ Merchants and Planters Bank & Tr. Co._Arkadelphia . Bank of Ash Flat____________________ Ash F l a t ____ Bank of Atkins______________________ A tk in s ______ The Bank of Augusta-------------------------- Augusta_____ The Citizens Bank____________________ B atesville___ The Citizens Bank____________________ Bearden_____ Citizens Bank________________________ B eeb e_______ Bank of Blevins______________________ Blevins1______ Farmers Bank and Trust Company_____Blytheville Citizens' Bank________________________ Booneville___ The Bank of Bradley_________________ B ra d ley _____ Bank of Cabot________________________ C a b ot_______ Bank of Cave City____________________ Cave C i t y ___ American State Bank_________________ C harleston__ Bank of Cherry Valley________________ Cherry Valley   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Percentage _ 10.4  11.0 11.9 10.3  12.2 14.4 8.9 13.8 16.4  12.0 8.8 11.6 10.8 9.7 11.9 10.7  22  State of Arkansas:  Bank Department  THE A V ER A G E RATIO OF TOTAL CAPITAL ACCOUNTS TO TOTAL LIABILITIES OF THE 177 A R K A N SA S STATE B A N K S AN D TRUST COMPANIES AS OF JUNE 30, 1953 IS 8.5% THE FOLLOWING B AN K S E Q U A L OR EXCEED THIS FIGURE  Bank of Chidester____________________ Chidester _____ _ The Merchants and Planters Bank_____Clarendon ______ Danville State Bank__________________ Danville ________ Bank of Delight______________________ Delight _________ Dermott State Bank__________________ Dermott -----------Farmers and Merchants Bank__________ Des Arc _______ Bank of Dover_______________________ D o v e r___________ Merchants and Farmers Bank__________D u m as__________ Earle State Bank_____________________ Earle ---------------The Delta State Bank________________ Elaine----------------Bank of England_____________________ England -----------The Citizens1 Bank____________________ England ________ The Eudora Bank_____________________ Eudora__________ Bank of Evening Shade________________ Evening Shade The Bank of Franklin________ ‘_______Franklin________ Bank of Glenwood____________________ Glenwood-----------Bank of Gravett______________________ Gravette ________ The First Bank______________________ Griffithville ------Clark County Bank___________________ Gurdon__________ Farmers Bank________________________ H am burg-----------Calhoun County Bank_________________ H am pton________ The Bank of Harrisburg----------------------- H arrisburg______ Prairie County Bank__________________ Hazen __________ The Cleburne County Bank------------------ Heber Springs Valley Bank___________________________Hindsville _______ Bank of Holly Grove---------------------------- Holly G ro v e ____ Newton County Bank-------------------------- Jasper __________ Farmers and Merchants Bank------------- Judsonia ________ Union State Bank____________________Junction City Bank of Kensett______________________ Kensett -------------Bank of Kingston--------------------------------K in gston -----------Farmers State Bank----------------------------Lake C it y _______ Bank of Lake Village------------------------- Lake V illa g e -----Citizens Bank of Lavaca______________ L avaca__________ Leachville State Bank-------------------------- Leachville----------Little River Bank____________________Lepanto_________ Leslie State Bank____________________L eslie----------------Bank of Lincoln______________________ Lincoln -------------Bank of Lockesburg___________________Lockesburg-------First State Bank---------------------------------L onoke______ ___ Peoples Bank_________________________ Mammoth Spring Merchants and Planters Bank--------------- Manila __________ Bank of Mansfield____________________ Mansfield _______ Farmers and Merchants Bank--------------Marianna _______ Citizens Bank______________________ - - M arion__________ Marked Tree Bank____________________ Marked T r e e ____ Bank of Marvell______________________ Marvell _________ The Bank of Melbourne----------------------- Melbourne_______ Monette State Bank__._______________ M onette_________ Commercial Loan and Trust Company— M onticello______ Union Bank and Trust Company_____ M onticello_______ The Bank of Montgomery County---------Mount Ida ______ Bank of Mountain View______________ Mountain View Bank of Mulberry____________________ M ulberry________ Bank of Nettleton____________________ Nettleton________ Bank of New Edinburg_______________ New Edinburg Mississippi County Bank______________ Osceola -------------The Planters Bank____________________ Osceola _________ The Security Bank and Trust Co__ ___ Paragould --------- http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  9.0  10.0 10.6 10.6 9.4 16.4 13.0  10.6 9.6 13.2 13:0 12.9  12.6 10.4  12.0 9.1  8.6 9.1 9.7  10.8 12.5 8.7 9.5 12.5 11.7  , 12.1 10.1 11.4 10.4 8.7 10.5 9.9  12.1 10.3 10.3 13.2 9.4  11.0 13.3 8.5  8.6 15.0 9.9  11.6 8.5 8.5  12.0 9.7 8.7  11.8 12.9 9.6 11.4 11.3 12.3  10.8 12.1 9.3 9.9  23  Thirty-Ninth Report  THE AV ER A GE RATIO OF TOTAL CAPITAL ACCOUNTS TO TOTAL LIABILITIES OF THE 177 A R K A N SA S STATE B AN K S A N D TRUST COMPANIES A S OF JUNE 30, 1953 IS . % THE FOLLOWING BANK S EQUAL OR EXCEED THIS FIGURE  85  Bank of Parkdale____________________ Parkdale_____ First State Bank______________________ P a rk in _______ Bank of Pea Ridge___________________ Pea R id g e ___ The Perry County Bank________________P erryville____ Piggott State Bank___________________ P iggott______ _ First State Bank______________________ Plain view ____ The Peoples Bank____________________ Portland _____ Portland Bank________________________ P ortlan d _____ Citizens Bank________________________ P ottsv ille____ The Farmers and Merchants Bank____ Prairie Grove Bank of Quitman____________________ Quitman _____ The Bank of Rector__________________ Rector _______ Farmers and Merchants Bank________ R eyno________ The Bank of Rison___________________ Rison ________ The Bank of Russellville_____________ Russellville ___ Peeples Exchange Bank______________ Russellville — Bank of Salem______________________ Salem ________ Logan County Bank__________________ Scranton_____ The Searcy Bank_____________________ S e a rcy -----------Security Bank________________________ S e a rc y _______ Grant County Bank___________________ Sheridan_____ Bank of Sherrill______________________ Sherrill_______ Smackover State Bank________________Sm ackover___ Citizens Bank________________________ Smithville____ Bodcaw Bank-------------------------------------- Stamps_______ Bank of Star City____________________ Star C ity _____ Citizens Bank______ _________________ S tron g _______ Citizens Bank________________________ T illa r ________ Bank of Trumann____________________ Trumann_____ Tyronza Bank________________________ Tyronza _____ Citizens Bank and Trust Company_____ Van B u ren ___ Bank of Waldo_______________________ W aldo________ Merchants and Planters Bank__________W a r re n ______ Warren Bank________________________ W a r re n ______ Bank of Weiner______________________ W einer_______ Bank of West Memphis1________________ West Memphis Merchants and Planters Bank_________ West Memphis Rice Growers Bank_______________ ____ W heatley_____ Wilmot State Bank___________________ Wilmot ______ Bank of Wilson______________________ W ilson _______ Cross County Bank___________________ W yn n e_______ The Bank of Yellville________________ Yellville _____   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  15.0 13.5 25.6  10.2 11.5 13.8 17.0 16.4 15.1 10.9  11.1  10.0 9.5 13.5  11.8 9.4 9.7  12.0 8.6 10.1 14.1 8.5 9.7 13.1 15.7 14.1 13.7 18.3  10.2 13.5 9.0 8.5  8.8 11.3 8.5 9.5 9.4 13.2 14.6  20.0 10.7 9.7   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  25  Thirty-Ninth Report  TH IR TY-NINTH REPORT  of  STATEMENT OF ARKANSAS BANKS AND TRUST COMPANIES AS SH OW N B Y THE CALL OP JUNE 30, 1953 Cities and towns alphabetically arranged by postoffices Population shown is that given by the 17th census of the United States 1950 COMMERCIAL BANK A T A LM A , A L M A Population 1,228. Chartered January 31,1910.  Crawford County  Telephone Number 3441.  Transit Number 81-272  O frU ^ A P fl  W . E. Byars________________ President J. Fred Alexander___Vice President Reves L. Bolling______________ Cashier Margaret Adams______ Asst. Cashier STATEM ENT  OF JUNE  Resources Loans and discounts____ $ 329,315.78 U. S. G o V t obligations__ 610,990.33 Other bonds and securities 57,374.52 Furniture and fixtures. _ 2,500.00 Banking house _________ 6,000.00 Cash and due from banks 264,658.43 253.50 Other resources_________  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  J. Fred Alexander Reves L. Bolling E. Bradley W . E. Byars  $1,271,092.56  W . H. Cole T. H. Kibler C. R. Starbird  30, 1953  Liabilities Capital s t o c k ___________ $ Surplus f u n d ___________ Undivided p r o fit s ______ Total capital accounts__$ 90,076.69  25,000.00 25,000.00 40,076.69  Demand deposits ______ 1,058,987.98 Time d e p o sits__________ 5,915.65 U. S. Gov’t deposits____ 6,617.52 Public funds ___________ 109,494.72 Total dep__ $1,181,015.87 Total  $1,271,092.56  26  State of Arkansas:  Bank Department  B AN K OF A M ITY, A M IT Y Population 591. Chartered November 30, 1905.  Clark County  Telephone Number 13.  Officers G. W . Tolleson____________ President W . H. Olds___________ Vice President Cleda Olds_____________________Cashier Mary B. Walker______ Asst. Cashier STATEM ENT  Directors Lyn Maxey Cleda Olds W . H. Olds  OF JUNE  Resources Loans and discounts____ $ 561,364.88 - 174.20 Overdrafts _____________ U . S. Gov’t obligations__ 516,393.75 Other bonds and securities 365,479.43 Furniture and fixtures__ 3,236.68 Banking house _________ 1.00 Cash and due from banks 373,238.18 Other resources_________ 359.87  T o t a l--------------------------------$1,820,247.99  Transit Number 81-287 G. W . Tolleson Ed Yeargan  30, 1953  Liabilities Capital s t o c k ___________ $ Surplus f u n d -----------------Undivided p r o fit s ______ Reserves Total capital accounts__$ 190,027.62  50,000.00 50,000.00 83,027.62 7,000.00  Demand deposits ______ 1,109,589.42 Time deposits1___________ 475,366.71 U. S. Gov’t deposits____ 11,229.06 Public funds ___________ 34,035.18 Total dep. _ _$1,630,220.37 Total _________________ $1,820,247.99  ELK HORN B ANK A N D TRUST COMPANY, A RKADELPH IA Population 6,819. Chartered September 28, 1903.  Officers J. H. Lookadoo_____________ President Clarence Hardin______ Vice President C. C. Lookadoo_______ Vice President A . C. Stone------------------Vice President A . J. Vestal---------------- Vice President J. B. Wingfield---------- Vice President W . P. Jones, J r.l_____________ Cashier W . L. Stover----------------- Asst. Cashier STATEM ENT  T o t a l_________________ $4,649,072.74  Transit Number 81-133  Directors W . E. Barkman J. H. Lookadoo John N. Francis A . C. Stone Clarence Hardin W . L. Stover W . P. Jones, Jr. J. P. Sturgis C. C. Lookadoo A . J. Vestal G. W . Lookadoo J. B. Wingfield  OF JUNE  Resources Loans and discounts____ $1,501,421.86 Overdrafts ______________ 133.74 U. S. Gov’t obligations__ 1,358,615.06 Other bonds and securities 214,517.00 Furniture and fix tu res__ 17,214.50 Banking house _________ 22,794.61 Cash and due from banks' 1,533,630.71 Other resources_________ 745.26   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Clark County  Telephone Number 7.  30, 1953  Liabilities Capital s t o c k ___________ $ 100,000.00 Surplus f u n d ___________ 100,000.00 Undivided p r o fit s ______ 84,349.60 Total capital accounts__$ 284,349.60 Demand deposits________ 2,529,973.81 Time d e p o sits---------------- 1,340,954.21 U. S. Gov’t deposits____ 36,214.24 Public funds ___________ 457,580.88 Total dep. _.$4,364,723.14  T o t a l_________________ $4,649,072.74  27  Thirty-Ninth Report  MERCHANTS A N D PLANTERS BANK A N D TRUST COM PANY, ARKADELPH IA  Population 6,819. Chartered June 15, 1911.  Clark County  Telephone Number 291.  Officers James C. Hobgood________ President H. G. Elms__________Vice President Jett Black__________________ Cashier Lottie Sue Watson____ Asst. Cashier  Transit Number 81-469 Directors  Jett Black Charles Clark J. H. Crawford H. G. Elms Roy F. Golden  James C. Hobgood J. W. Hutchison D. W. McMillan H. T. Ross Ralph Williams  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures’ _ Banking h ou se_________ Other real es ta te ______ Cash and due from banks Other resources ________  Total  855,001.42 404,500.00 259,885.59 3,000.00 i l , 000.00 1.00  516,368.86 1.00  $2,049,757.87  Liabilities Capital s to c k __________ $ 100,000.00 Surplus f u n d __________ 70,000.00 Undivided p r o fit s ______ 52,873.92 Reserves __________ • - ___ 3,644.56 Total capital accounts_$ 226,518.48 Demand deposits________ 1,129,012.15 Time deposits__________ 374,149.64 U. S. Gov’t deposits__ 11,947.78 Public fu n d s___________ 308,129.82 To'al dep. __$1,823,239.39 Total  $2,049,757.87  B AN K OF A SH FLAT, ASH FLAT  Population 265.  Sharp County  Chartered February 20, 1912. Telephone Number 3642. Transit Number 81-499 Officers  Odus Carpenter______ President Horace M artin______ Vice President Willene Brawley Justus Cashier  Directors  Odus Carpenter Horace Martin Willene Brawley Justus Mrs. V. McJunkins  STATEMENT OF JUNE 30, 1953 Liabilities  Resources  Loans and discounts----- $ 108,662.16 5.05 Overdrafts _ ____ __ U. S. Gov’t obligations _ 225,000.00 1.00 Furniture and fixtures_ Banking h o u s e _ 1.00 Cash and due from banks 131,994.52  Total ________  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  _ _ $ 465,663.73  Capital stock ___ _$ Surplus fund __________ Undivided profits _ Total capital accounts_$ 55,470.79  20,000.00 20,000.00 15,470.79  Demand d e p o sits_____ Time deposits ___ U. S. Gov’t deposits___ Public funds __________ Total d ep._$ 410,192.94  393,630.24 6,896.78 156.25 9,509.67  T otal_  _$ 465,663.73  28  State of Arkansas:  Bank Department  B ANK OF A TK IN S, A TK IN S Population 1,291.  Pope County  Chartered September 19, 1895. Telephone Number 136. Transit Number 81-215 Officers J. M. Barker-------------------------President I. M. Barker, Jr._------Vice President C. A . Barker__________________ Cashier  Directors J. M. Barker C. A . Barker J. M. Barker, Jr.  STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts___ $ 167,189.30 O v e rd ra fts __________ 107.71 U. S. Gov’t obligations_ 475,000.00 Other bonds and securities 5,096.85 Furniture and fixtures_ 2,709.56 Banking house 1,883.20 Cash and due frdm banks 253,695.71  Total  ___________________ $ 905,682.33  Liabilities Capital s t o c k --------------- $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 93,398.80 Demand deposits _ _ U. S. Gov’t deposits___ Public funds ___________ Total dep._$ 812,283.53  30,000.00 15,000.00 48,398.80  763,341.12 4,346.24 44,596.17  Total _______________ $ 905,682.33  THE B ANK OF A U G U STA , AU G U STA Population 2,317. Chartered February 20, 1935.  Woodruff County  Telephone Number 1.  Officers W . , M. Sale_________________ President Geo. L. Beard-_______ Vice President R. E. Gregory------------- Vice President W . T. Mills, Jr_______________ Cashier Kennady Sale--------------- Asst. Cashier STATEM ENT  Directors Geo. L. Beard W . M. Sale R. E. Gregory J. Ford Smith R. J. Haralson C. R. Stacy W . T. Mills, Jr. John H. Stanley  OF JUNE  Resources Loans and discounts____ $ 889,353.29 Overdrafts ______________ 665.69 U. S. Gov’t obligations__ 174,292.00 Other bonds and securities 322.539.59 Furniture and fixtures__ 5,000.00 Banking' house _________ 2,250.00 Cash and due from banks 340,158.91 Other resources_________ 678.32   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,734,937.80  30, 1953  Liabilities Capital s t o c k ___________ $ Surplus f u n d ___________ Undivided p r o fit s ______ Total capital accounts__$ 212,023.85  75,000.00 50,000.00 87,023.85  Demand deposits _______ 1,221,450.55 U. S. Gov’t deposits____ 113,341.83 Public funds ___________ 171,926.20 Total dep.__ 1,506,718.58 Other  Total  Transit Number 81-718  Total  liabilities_________  16,195.37  $1,734,937.80  29  Thirty-Ninth Report  CITIZENS STATE BANK, BALD KNOB Population 2,022. Chartered January 22, 1931.  White County  Telephone Number 14.  Transit Number 81-673  Officers Directors E. D. Williams_President and Cashier Joe H. Collison H. A . Whitley T. W . Leggett, Sr.____ Vice President Jennings Leggett E. D. Williams H. A . Whitley_________Vice President Mildred S. Hall________ Asst. Cashier Thos. L. Jameson______ Asst. Cashier STATEM ENT  OF JUNE  Resources Loans and discounts____ $ 180,961.47 U. S. Gov’t obligations__ 1,023,700.00 Other bonds and securities 30,145.75 Furniture and fixtures— 1,500.00 Banking house _________ 7,500.00 Cash and due from banks 478,561.87  30, 1953  Liabilities Capital s t o c k ------------------$ Surplus fund -----------------Undivided p r o fit s ----------Reserves -------------------------Total capital accounts— $ 132,209.80  25,000.00 25,000.00 12,209.80 70,000.00  Demand deposits________ 1,247,347.98 U. S. Gov’t deposits____ 4,488.61 232,903.88 Public funds ___________ Deposits of b a n k s______ 105,418.82 Total dep.__$1,590,159.29 Total _________________ $1,722,369.09  Total  $1,722,369.09  TH E CITIZENS B ANK , BATESVILLE Population 6,414.  Independence County  Chartered February 19, 1953. Telephone Number 1412. Transit Number 81-773 Officers Fred M. Holt ____________ President S. M. Bone___________ Vice President M. A . Conyers________________ Cashier Austin Leeds___________ Asst. Cashier STATEM ENT  S. M. Fred John E. C.  Bone M. Holt Moody Rider  OF JUNE  Resources Loans and discounts____ $ 273,778.03 U. S. Gov’t obligations 214,512.50 Other bonds and securities 4,500.00 Furniture and fixtures__ 22,118.92 Cash and due from banks 597,738.34  T o ta l_________________ $1,112,647.79  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Directors N. K. Sims Eagle Street J. K. Southerland  30, 1953  Lisbilitics Capital s t o c k ------------------$ 100,000.00 Surplus f u n d -----------------50,000.00 Undivided p r o fit s _______ 10,339.69 Total capital accounts— $ 160,339.69 Demand deposits ______ Time d ep o sits__________ U. S. Gov’t deposits____ Public funds ___________ Deposits of b a n k s______ Total dep.__$ 952,308.10  589,243.26 28,222.43 7,077.33 56,580.27 271,184.81  T o ta l------------- ------------ $1,112,647.79  30  State of Arkansas:  Bank Department  THE CITIZENS BANK, BEARDEN Population 1,300. Chartered June 7, 1945.  Ouachita County  Telephone Number 129.  Officers Garland Anthony--------------- President Oliver Anthony--------- Vice President R. W. Launius-----------Vice President Hugh Thompson____________ Cashier J. E. Word---------------- Asst. Cashier  Transit Number 81-749  Directors Edwin Anthony R. W. Launius Garland Anthony Horace Looney Oliver Anthony Hugh Thompson J. W. Gossett  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ 169,587.12 1,886.44 O v e rd ra fts___________ U. S. Gov’t obligations_ 350,010.93 77,517.58 Other bonds and securities 3,730.22 Furniture and fixtures __i 1.00 Other real e s ta te --------Cash and due from banks 157,284.71 26.11 Other resources ________  $ 760,044.11  Total  Liabilities Capital s to c k __________ ! Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 67,672.50 Demand deposits_______ Public fu n d s ___________ Total dep. 692,371.61  25.000. 00 25.000. 00 17,672.50  602,458.88 89,912.73  T ota l________________ $ 760,044.11  CITIZENS BANK, BEEBE Population 1,192. Chartered June 21, 1917.  White County  Telephone Number 55.  Officers E. H. Abington____________ President J. R. Sloan__________Vice President T. E. Abington______________ Cashier Marie, Thomas_________Asst. Cashier  Transit Number 81-588  Directors Catherine C. Abington Frank Garrison E. H. Abington I. N. Kelley T. E. Abington J. R. Sloan H. M. Dodds  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ 263,379.56 Overdrafts ____________ 25.51 U. S. Gov’t obligations — 198,826.50 Other bonds and securities 403.62 Furniture and fixtures_ 3,065.00 Banking house ________ 1.00 Other real e s ta te ______ 1,386.32 Cash and due from banks 182,745.87 Other resources _______ 75.37  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 649,908.75  Liabilities Capital s t o c k __________ : Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 90,159.52  25,000.00 5,000.00 13,662.97 46,496.55  Demand deposits_______ Public funds __________ Total dep. __$ 559,749.23  538,660.31 21,088.92  Total  .$ 649,908.75  31  Thirty-Ninth Report  BENTON STA TE B AN K , BENTON  Population 6,277. Chartered February 9,1934.  Saline County  Telephone Number 2591.  Officers W. R. Alsobrook__________President W. A. Springer_______ Vice President Paul Von Allmen_____ Vice President T. B. Lyle---------Vice Pres. & Cashier Carl Wright___________ Asst. Cashier  Transit Number 81-711 Directors  H. B. Alsobrook W. R. Alsobrook Clyde E. Fish H. J. Gingles T. B. Lyle  W. A. Springer D. J. Stirman Paul Von Allmen L. B. White  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,508,408.39 U. S. Gov’t obligations — 1,901,292.38 Other bonds and securities 776,133.29 Furniture and fixtures_ 37,096.69 Banking house ________ 6,607.02 Cash and due from banks 1,118,514.29 Other resources________ 1,437.52  Liabilities Capital s to c k __________$ 200,000.00 Surplus f u n d __________ 200,000.00 Undivided p r o fits --------13,250.13 9,374.68 Reserves ______________ Total capital accounts_$ 422,624.81 Demand deposits ______ 3,439,214.09 Time d ep osits_________ 837,145.28 U. S. Gov’t deposits___ 10,687.30 Public funds __________ 587,576.90 Deposits of banks______ 34,500.00 Total dep. _.$4,909,123.57 Other liabilities________  T o ta l________________ $5,349,489.58   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  17,741.20  T ota l________________ $5,349,489.58  32  State of Arkansas:  Bank Department  BANK OF BENTONYILLE, BENTONVILLE Population 2,942. Benton County Chartered February 25, 1931. Telephone Number 149. Transit Number 81-701 Officers Directors H. Cornell Smith___________President Fred Douglas Vem Rife Helen Groom Smith----- Vice President Melvin Hall H. Cornell Smith Fred Douglas------------------------ Cashier Joe Knott Helen Groom Smith Orie Lee C r a ig _______ Asst. Cashier Martha Ann Mason____Asst. Cashier Rex W. Bair-----------------Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 737,431.01 U. S. Gov’t obligations __ 1,610,600.00 Other bonds and securities 202,907.97 Furniture and fixtures — 11,500.00 Banking house ________ 5,500.00 Cash and due from banks 949,647.14 1,045.70 Other resources________  Total  $3,518,691.82  Liabilities Captial s to c k __________ ! Surplus fund _________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 193,569.83  60,000.00 60,000.00 60,000.00 13,569.83  Demand deposits ______ 2,242,750.09 419,200.15 Time deposits__________ U. S. Gov’t deposits____ 13,251.58 Public funds __________ 645,084.07 Deposits of banks______ 4,836.10 Total d ep ._$3,325,121.99 Total  .$3,518,691.82  BANK OF BLEVINS, BLEVINS Population 271. Hempstead Cbunty Chartered August 12, 1912. Telephone Number 2274. Transit Number 81-518 Officers H. M. Stephens___________ President Herbert M. Stephens_Vice President P. C. Stephens______________ Cashier  Directors H. M. Stephens P. C. Stephens Herbert M. Stephens  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks Other resources ________  117,449.36 90.850.00 22.716.00 1,277.00 200.00  116,605.30 160.00  ' Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 57,507.21 Demand deposits_______ Time deposits__________ U. S. Gov’t deposits____ Public funds __________ Total dep. __$ 291,65445 Other liabilities  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 349,257.66  Total  25.000.  00  20.000. 00 9,281.71 3,225.50  259,227.35 16,606.50 3,875.00 11,945.60 96.00  .$ 349,257.66  Thirty-Ninth Report  33  FARMERS BANK AND TRUST COMPANY, BLYTHEYILLE Population 16,234. Chartered March 16, 1908.  Mississippi County  Telephone Number 8101.  Officers B. A. Lynch______________President R. A. Porter_________ Vice President F. E. Warren_______ Vice President R. L. Banister______________ Cashier L. A. Crowe_________ Asst. Cashier EL N. Whitis_________ Asst. Cashier  Transit Number 81-105  Directors J. L. Cherry R. A. Porter C. A. Cunningham B. S. Simmons I. R. Johnson F. E. Warren Chas. C. Langston L. H. Welch B. A. Lynch  STATEMENT OF JUNE 30. 1953 Resources Loans and discounts___ $3,418,570.17 Overdrafts ____________ 3,643.16 U. S. Gov’t obligations_ 2,740,625.00 Other bonds and securities 202,000.00 Furniture and fixtures_ 1.00 52,500.00 Banking house ________ Cash and dtie from banks 2,054,619.06 Other resources________ 39,119.40  Liabilities Capital s t o c k __________ $ 200,000.00 Surplus f u n d __________ 600,000.00 Undivided p r o f it s ______ 185,827.38 29,734.64 Reserves ______________ Total capital accounts_$1,015,562.02 Demand deposits_______ 5,939,145.80 Time deposits _________ 1,069,614.64 U. S. Gov’t deposits___ 48,308.84 Public fu n d s ___________ 325,133.76 Deposits of banks______ 90,177.95 Total dep. _ .$7,472,380.99 Other liabilities________  $8,511,077.79  Total  23,134.78  T o ta l----------------------------$8,511,077.79  CITIZENS BANK, BOONEVILLE Population 2,433. Chartered April 18, 1910.  Logan County  Telephone Number 274.  Officers Long John Williams_Pres. & Cashier Abe Williams________Vice President  Transit Number 81-195  Directors George R. Edwards Abe Williams Mattie Edwards Long J. Williams Ruth E. Lantrip Paul X. Williams  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 281,429.38 Overdrafts ____________ 2,718.17 U. S. Gov’t obligations_ 1,135,000.00 Furniture and fixtures— 1.00 Banking h ou se_________ 1.00 Other real estate______ 4.00 Cash and due from banks 478,978.28  T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,898,131.83  Liabilities Capital s to c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total, capital accounts_$ 168,263.53  50,000.00 50,000.00 68,263.53  Demand deposits ______ 1,622,305.26 U. S. Gov’t deposits___ 721.91 Public fu n d s----------------- 106,841.13 Total dep.__$l,729,868.30 Total  $1,898,131.83  34  State of Arkansas:  Bank Department  THE BANK OF BRADLEY, BRADLEY Population 444. Chartered April 10, 1933.  Lafayette County  Telephone Number 617.  Officers J. B. Edwards____________ President Margaret R. Meek___ Vice President J. W. Meek_________________ Cashier J. W. Meek, Jr.__ ,____Asst. Cashier  Transit Number 81-513  Directors J. B. Edwards Margaret R. Meek L. B. Hamner W. T. Murphy, Jr. J. W. Meek  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 300.624.54 133.63 Overdrafts ____________ U. S. Gov’t obligations_ 150,000.00 Other bonds and securities 41,350.00 Furniture and fixtures_ 2,600.00 Banking house ________ 200.00 Other real e s ta te ______ 3.00 Cash and due from banks 209.687.54  Total _______________ $ 704,598.71  Liabilities Capital s to c k __________ : Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 82,153.73 Demands deposits______ Public funds __________ Total dep._$ 622,444.98 Total  25.000. 00 25.000. 00 32,153.73  530,484.73 91,960.25  704,598.71  BANK OF BRINKLEY, BRINKLEY Population 4,173. Chartered January 17, 1903.  Monroe County  Telephone Number 31.  Officers W. W. Sharp______________ President John F. Cole Active Vice President Frank Andrews___ Vice Pres. & Sec. R. H. Midkiff________Asst. Cashier  Transit Number 81-191  Directors Frank Andrews A. Rusher John F. Cole W. W. Sharp E. D. McKnight  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,060,113.35 U. S. Gov’t obligations_ 454,932.80 Other bonds and securities 172,548.33 Furniture and fixtures— 27,545.00 Banking h ou se-------------40,500.00 Other real estate_______ , 1.00 Cash and due from banks 648,027.97 Other resources-----------1,000.00  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,404,668.45  Liabilities Capital s to c k __________ $ 50,000.00 Surplus f u n d __________ 100,000.00' Undivided p r o fit s ______ 47,453.58 Reserves ______________ 1,000.00 Total capital accounts_$ 198,453.58 Demand deposits_______ 1,844,894.90 Time deposits -------------- 212,959.05 U. S. Gov’t deposits___ 18,354.13 130,006.79 Public funds --------------Total dep.__$2,206,214.87 Total  $2,404,668.45  35  Thirty-Ninth Report  BANK OF CABOT, CABOT Population 1,147. Chartered March 23, 1903. Jake Fred Mrs. Mrs.  Lonoke County  Telephone Number 19.  Transit Number 81-304  Officers Directors W. Lowman__________President J. C. Alexander Jake W. Lowman B. Garlington____ Vice President W. T. Barnwell Mrs. Marvin Park Marvin Park____________Cashier Fred B. Garlington J. D. Wood Cecil T. Owen____Asst. Cashier STATEMENT OF JUNE 30, 1953  Resources Loans and discounts___ $ 740,610.37 155.15 Overdrafts_____________ U. S. Gov’t obligations_ 408,018.00 Other bonds and securities' 26,600.80 Furniture and fixtures — 1.00 30,000.00 Banking house ________ 1.00 Other real esta te______ Cash and due from banks 501,432.04  $1,706,818.36  Total  Liabilities Capital s to c k --------------- $ Surplus fund___________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 183,872.08  50,000.00 50,000.00 63,298.11 20,573.97  Demand deposits_______ 1,248,697.39 Time d ep osits_________ 206,108.02 U. S. Gov’t deposits__ 6,252.01 Public funds’ __________ 61,888.86 Total d ep._$1,522,946.28 Total  $1,706,818.36  STATE BANK OF CALICO ROCK, CALICO ROCK Population 963. Chartered May 1, 1914.  Izard County  Telephone Number 4.  H 'f 'f i p p r Q  S. E. McNeill____________ President Dr. Noel J. Copp______Vice President E. C. Rodman_____________ Cashier Roy Perryman________Asst. Cashier  Transit Number 81-305 D i f M 't A r c  Dr. Noel J. Copp L. E. Evans  S. E. McNeill E. C. Rodman  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 215,380.04 Overdrafts ____________ 137.79 U. S. Gov’t obligations_ 806,800.00 Other bonds and securities 10,200.00 Furniture and fixtures— 1.00 Banking house ________ 1.00 Other real estate_______ 5,002.00 Cash and due from banks 405,928.82 Other resources________ 1,361.00  T o ta l___________________ $1,444,811.65  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital stock $ Surplus fund Undivided profits Total capital accounts_$ 97,083.66  25,000.00 52,500.00 19,583.66  Demand deposits 1,294,240.62 Time deposits ___ _ 3,882.93 Public fu n d s__ _ _ 49,604.44 Total dep.__$l,347,727.99 Total  ____________ $1,444,811.65  36  State of Arkansas:  Bank Department  THE MERCHANTS AND PLANTERS BANK, CAMDEN Population 11,372. Chartered March 4, 1931.  Ouachita County  Telephone Number 6-2446.  Officers C. I. Grayson______________ President H. T. Patton__________Vice President J. W. Coan_________________ Cashier E. L. Harrison________ Asst. Cashier O. G. Burnham________Asst. Cashier P. W. Wooldridge______Asst. Cashier  Transit Number 81-96  Directors Mike Berg E. L. Harrison J. W. Coan H. T. Patton E. W. Copeland John Watts C. S. Early P. W. Wooldridge C. I. Grayson  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,368,143.72 U. S. Gov’t obligations_ 1,861,000.00 Other bonds and securities 1,327,719.91 Furniture and fixtures_ 1.00 Cash and due from banks 1,543,451.92 Other resou rces___ .___ 1.00  Liabilities Capital s to c k __________ $ 100,000.00 50,000.00 Surplus f u n d __________ Undivided p r o fits ______ 207,822.06 Reserves ______________ 100,000.00 Total capital accounts_$ 457,822.06 Demand deposits ______ 4,541,039.15 Time d ep osits_________ 670,032.29 U. S. Gov’t deposits__ 43,268.89 Public funds __________ 382,230.18 Deposits of ban k s______ 5,924.98 Total dep.__$5,642,495.49  Total  $6,100,317.55  T otal-------------------------$6,100,317.55  CITIZENS BANK, CARLISLE Population 1,396.  Lonoke County  Chartered December 22, 1930. Telephone Number 2111. Transit Number 81-689 Officers F. P. Downs, Jr__________ President A. H. Hunt___________Vice President R. L. Hunt______Asst. Vice President J. L. Woosley----------------------- Cashier Mary Burnett_________Asst. Cashier  Directors A. W. Birdsong Elmer L. Morris F. E. Downs, Jr. Fred M. Perkins A. H. Hunt Harry L. Perkins J. M. Johnson  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- ! U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  346,494i46 587,600.00 173,468.50 7,058.60 17,500.00 543,591.20  Liabilities Capital s to c k ________i_$ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 132,893.19  Demand deposits --------- 1,409,896.56 U. S. Gov’t deposits___ 9,106.84 Public funds --------------112,051.88 Total dep— $1,531,055.28 Other liabilities________  $1,675,712.76  50,000.00 25,000.00 57,893.19  11,764.29  T otal-------------------------$1,675,712.76  37  Thirty-Ninth Report  BANK OF CAVE CITY, CAVE CITY Population 372. Chartered July 2, 1906.  Sharp County  Telephone Number 5F11.  Officers Eagle Street______________ President Mrs. J. M. Street___ Vice President J. L. Lewsaw_______________ Cashier Carl D. Medlock________Asst. Cashier  Transit Number 81-310  Directors J. A. Carpenter Eugene Street J. L. Lewsaw Mrs-. J. M. Street Eagle Street  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 199,666.20 81.79 Overdrafts ____________ U. S. Gov’t obligations_ 335,000.00 Other bonds and securities 8,000.00 Furniture and fixtures_ 1,500.00 Banking house ________ 3,000.00 Cash and due from banks 174,129.94  Total  721,377.93  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided profits --------Total capital accounts_$ 59,846.85 Demand deposits_______ U. S. Gov’t deposits____ Public funds __________ Total dep. 661,531.08 Total  25.000. 00 25.000. 00 9,846.85  610,385.02 5,387.50 45,758.56  721,377.93  AMERICAN STATE BANK, CHARLESTON Population 968. Chartered June 29, 1910.  Franklin County  Telephone Number 14.  Officers Clyde Hiatt_______________ President B. H. McDonald____ Vice President H. E. Shumate_____________Cashier Theo M. Classen_______Asst. Cashier  Transit Number 81-268  Directors Clyde Hiatt McLoud Sicard B. H. McDonald Sajn B. Stevinson H. E. Shumate  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks Other resources ________  604,482.04 2,089.53 434,850.00 102,991.03 1.00 1.00 357,633.35 1.00  T o ta l_________________ $1,502,048.95  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s t o c k __________! Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 183,040.72  25.000. 00 35.000. 00 108,040.72 15.000. 00  Demand deposits ______ 1,105,533.00 Time d ep osits_________ 109,146.91 U. S. Gov’t deposits-----14,719.34 Public fu n d s ______ 1___ 89,608.98 Total d e p ._$1,319,008.23 T o ta l_________________ $1,502,048.95  38  State of Arkansas:  Bank Department  BANK OF CHERRY VALLEY, CHERRY VALLEY Population 521.  Cross County  Chartered January 24, 1907. Telephone Number 2391. Transit Number 81-313 Officers W, Maurice Smith, Sr-------- President W. Maurice Smith, Jr._Vice President H. H. Beasley—Vice Pres. & Cashier J. R. Cavin------------------ Asst. Cashier  Directors H. H. Beasley H. P. Maddox, Sr. Millard Carter W. Maurice Smith, Sr. R. L. Ellis W. Maurice Smith, Jr.  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 251,150.87 Overdrafts ____________ 5.89 U. S. Gov’t obligations_ 334,736.50 Furniture and fixtures_ 730.00 1.00 Banking house ________ Cash and due from banks 117,485.37 Other resources__ 505.99  Total  $ 704,615.62  Liabilities Capital s t o c k __________ : Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 84,658.87 Demand deposits_______ Public funds __________ Total dep. __$ 619,956.75  25.000. 00 25.000.00 34,658.87  566,180.09 53,776.66  T ota l______________ 704,615.62  BANK OF CHIDESTER, CHIDESTER Population 425. Chartered April 29, 1909.  Ouachita County  Telephone Number 103.  Officers W. G. Rushing____________ President C. B. Clingan________ Vice President Thos. H. Benton_____ Vice President Mrs. Lee A. Purifoy________ Cashier Mrs. Mary G. Wylie___ Asst. Cashier  Transit Number 81-314  Directors Thos. H. Benton W. G. Rushing C. B. Clingan Beulah R. Taylor Roy E. Holleman J. T. Walker Beulah P. Mayne  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 80,401.49 Overdrafts ____________ 125.66 U. S. Gov’t obligations_ 206,000.00 Other bonds and securities 14,880.70 400.00 Furniture and fixtures_ Banking h ou se_________ 900.00 Other real es ta te ______ 1.00 Cash and due from banks 99,027.86 Other resources________ 2,024.^3  T otal   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 403,761.34  Liabilities Capital stock _ _ _ _$ Surplus fund _ __ Undivided profits _ _ _ Total capital accounts_$ 35,995.22 Demand deposits _ Time deposits ____ U. S. Gov’t deposits___ Public funds __ Total dep. 367,766.12 Total  25,000.00 5,000.00 5,995.22  330,130.40 5,200.00 5,267.75 27,167.97  $ 403,761.34  39  Thirty-Ninth Report  THE MERCHANTS AND PLANTERS BANK, CLARENDON Population 2,547. Chartered July 23, 1890.  Monroe County  Telephone Number 18.  Officers 3. J. Dean_______________ President W . H. Brown___ Vice Pres. & Cashier P. N. James__________Asst. Cashier  Transit Number 81-164  Directors H. B. Bateman F. C. Harrelson W. H. Brown Mrs. H. B. Robinson S. J. Dean  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks  645,228.41 202.28 138,231.94 349,443.74 4,645.82 5,500.00 338,934.61  T o ta l__________________ $1,482,186.80  Liabilities Capital stock __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 148,737.64  50,000.00 75,000.00 22,737.64 1,000.00  Demand deposits ______ 1,024,229.42 Time deposits__________ 126,498.14 5,959.06 U. S. Gov’t deposits___ Public funds __________ 161,762.54 Deposits of banks______ 15,000.00 Total dep. __$1,333,449.16 T o ta l__________________ $1,482,186.80  CLINTON STATE BANK, CLINTON Population 853. Chartered October 16, 1946.  Van Buren County  Telephone Number 131.  Officers Howard' Johnson__________ President C. M. Horton_______ Vice President Garner M. Johnson__________Cashier Joe G. Fraser__________Asst. Cashier  Transit Number  81-758  Directors Homer Brown Howard Johnson C. M. Horton Roy Lefler Garner M. Johnson Arthur Lewis  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  311,335.79 854,000.00 184,253.20 5.500.00 7.500.00 407,944.49  $1,770,533.48  Liabilities Capital stock __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 139,030.41  50,000.00 25,000.00 64,030.41  Demand deposits _______ 1,418,0(34.66 U. S. Gov’t deposits__ 8,200.45 Public fu n d s ___________ 205,267.96 Total dep. __$1,631,503.07 Total  $1,770,533.48  40  State of Arkansas:  Bank Department  FIRST STATE BANK, CONWAY Population 8,610. Chartered February 8, 1946.  Faulkner County  Telephone Number 390.  Officers W. D. Ketcheside__________President Thos. G. Wilson_____ Vice President Rogers C. Moore___________ Cashier Jane Thomas__________Asst. Cashier  Transit Number 81-754  Directors James R. Edwards J. R. Ott Edward A. Halter David H. Ward W. E. Jumper Thos. G. Wilson W. D. Ketcheside  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 665,308.98 U. S. Gov’t obligations_ 1,302,359.38 Other bonds and securities 292,126.40 Furniture and fixtures_ 14,234.15 10,384.00 Banking house ________ Cash and due from banks 561,895.68 Other resources________ 224.80  Liabilities Capital s t o c k __________ $ Surplus fund __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 203,917.85  60,000.00 60,000.00 72,117.85 11,800.00  Demand deposits_______ 1,961,269.26 Time d ep osits_________ 308.203.66 32,491.70 U. S. Gov’t deposits___ Pub ic fu n d s___________ 339,587.92 Deposits of banks ____ 1,063.00 Total dep.__$2,642,615.54 T ota l________________ $2,846,533.39  T otal________________ $2,846,533.39  THE CORNING BANK, CORNING Population 2,045. Chartered January 29, 1931.  Clay County  Telephone Number 94.  Officers E. Vandover_____________ President Mrs. F. B. Sprague___ Vice President G. A, Lamb_________ Vice President O. J. Harold________________Cashier  Transit Number 81-211  Directors John O. Black H. N. Ratcliffe L. G. Black Mrs. F. B. Sprague M. G. Hoffman E. Vandover G. A. Lamb  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,358,894.15 U. S. Gov’t obligations_ 406,000.00 Other bonds and securities 19,000.00 Furniture and fixtures_ 1.00 Banking house ________ 4,000.00 Cash and due from banks 1,166,189.06  Liabilities Capital s to c k --------------- $ 50,000.00 Surplus f u n d __________ 50,000.00 Undivided p r o fits ______ 137,493.48 Total capital accounts_$ 237,493.48 Demands deposits______ 2,401,076.21 Time d ep osits_________ 176,402.94 U. S. Gov’t deposits____ 11,305.31 Public funds --------------127,806.27 Total dep.__$2,716,590.73  T o ta l_________________ $2,954,084.21  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  T o ta l-------------------------- $2,954,084.21  41  Thirty-Ninth Report  BANK OF CROSSETT, CROSSETT Population 4,619. Chartered December 22, 1913.  Ashley County  Telephone Number 52.  Officers P. F. Watzek_______________ President William C, Norman__ Vice President Roy Dooley__________________ Cashier C. E. Hannum_______ Asst. Cashier  Transit Number 81-321  Directors J. C. Carpenter William C. Norman Roy Dooley Sulo V. Sihvonen J. T. Erwin P. F. Watzek A. T. McDonough S. A. Wilcoxon  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 497,485.02 86.47 Overdrafts ____________ U. S. Gov’t obligations_ 3,002,659.92 Other bonds and securities 248,570.42 Furniture and fixtures_ 19,980.69 Cash and due from banks 843,875.95 Other resources________ 6.00  Liabilities Capital s t o c k __________ $ 100,000.00 Surplus fund __________ 150,000.00 Undivided p r o fit s ______ 59,221.71 Reserves ____________ !_ 11,614.91 Total capital accounts_$ 320,836.62 Demand deposits_______ 2,802,115.90 Time deposits _________ 954,411.66 U. S. Gov’t deposits___ 148,625.33 363,966.96 Public fu n d s___________ Total dep.__$4,269,119.85 Other liabilities________  Total  $4,612,664.47  22,708.00  T otal________________ $4,612,664.47  DANVILLE STATE BANK, DANVILLE Population 829. Chartered October 3, 1930.  Yell County  Telephone Number 36.  Officers John Ed Chambers_______ President Neil Sims------------------ Vice President Jim Bill Gatlin______________ Cashier Selma C. Gatlin_______ Asst. Cashier J. F. Nunn----------------- Asst. Cashier  Transit Number 81-700  Directors H. W. Burnham Jim Bill Gatlin J. E. Chambers J. W. Hull John Ed Chambers Neil Sims  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 249,764.64 U. S. Gov't obligations_ 537,862.84 Other bond's and securities 38,216.28 Furniture and fixtures_ 1.00 Banking house ________ 6,801.00 Other real estate_______ 600.00 Cash and due from banks 236,821.43 Other resources_______ 1.00  T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,070,068.19  Liabilities Capital s t o c k __________ ! Surplus fund __________ Undivided p r o fit s ______ Total capital accounts_$ 113,960.34 Demand deposits ______ U. S. Gov’t deposits___ Public funds __________ Total dep. 956,107.25  30.000. 00 30.000. 00 53,960.34  808,468.58 1,884.98 145,753.69  Other liabilities  .60  T o ta l_________  $1,070,068.19  42  State of Arkansas:  Bank Department  BANK OF DARDANELLE, DARDANELLE Population 1,772. Chartered September 12, 1934.  Yell County  Telephone Number 28.  Officers J. C. Woodson____________President Garrett Jones________Vice President Robert L. Holland__________Cashier Wanda Clutch_________Asst. Cashier  Transit Number 81-599  Directors C. R. George Jimmie Wallis John Hamilton J. C. Woodson Garrett Jones  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 276,379.18 653.92 Overdrafts_____________ U. S. Gov’t obligations_ 577,000.00 Other bonds and securities 1,807.70 Furniture and fixtures_ 7,000.00 Banking house ________ 6,500.00J Cash and due from banks 386,190.37  T o ta l__________________ $1,255,531.17  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 97,920.86  25,000.00 25,000.00 47,920.86  Demand deposits'______ Time deposits _________ U. S. Gov’t deposits___ Public funds __________ Total dep. __$1,157,610.31  872,786.41 164,236.33 7,153.11 113,434.46  T o ta l________________ $1,255,531.17  BANK OF DELIGHT, DELIGHT Population 574. Chartered June 16, 1911.  Pike County  Telephone Number 20.  Officers C. E. Johnson_____________ President Frank Reid___________Vice President D. C. Humphry______________ Cashier Edna Johnson_________ Asst. Cashier Dorothy Johnson______ Asst. Cashier  Transit Number 81-326  Directors Olen Hendrix C. E. Reid D. C. Humphry Frank Reid C. E. Johnson  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts__ _$ 213,958.90 Overdrafts ____________ 54.13 U. S. Gov’t obligations _ 156,500.00 34,433.80 Other bonds and securities 823.66 Furniture and fixtures_ Banking h ou se_________ 616.90 Cash and due from banks 251,612.38  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 657,999.77  Liabilities Capital s t o c k __________ $ 25,000.00 Surplus fund __________ 25,000.00 Undivided p r o fit s ______ 20,197.62 Total capital accounts_$ 70,197.62 ------------------Demand deposits ______ 507,970.00 Time deposits__________ 63,645.10 U. S. Gov’t deposits___ 693.75 Public fu n d s ___________ 15,493.30 Total dep. __$ 587,802.15 Total  .$ 657,999.77  43  Thirty-Ninth Report  DERMOTT STATE BANK, DERMOTT Population 3,601. Chartered July 8, 1935.  Chicot County  Telephone Number 11.  Officers John Baxter______________ President W. F. Pierce__________Vice President Clarence Horton_____________ Cashier Frank Henry, Jr______ Asst. Cashier Mary K. Tucker____ *__ Asst. Cashier  Transit Number 81-720  Directors John Baxter R. H. Dennington John M. Baxter W. E. Lephiew W. H. Bynum W. F. Pierce  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 830,685.25 U. S. Gov’t obligations_ 466,405.50 Other bonds and securities 17,877.28 Furniture and fixtures_ 3,500.00 Banking house ________ 9,000.00 Cash and due from banks 964,427.12  Liabilities Capital s to c k __________ $ 50,000.00 Surplus f u n d ---------------50,000.00 Undivided p r o fits --------104,106.16 Reserves ______________ 12,215.23 Total capital accounts_$ 216,321.39 Demand deposits_______ 1,190,567.60 499,980.35 Time deposits__________ U. S. Gov’t deposits__ 13,903.87 Public funds __________ 371,121.94 Total d ep ._$2,075,573.76  Total  $2,291,805.15  Total  $2,291,895.15  FARMERS AND MERCHANTS BANK, DES ARC Population 1,632.  Prairie County  Chartered January 20, 1902, Telephone Number 2191. Transit Number 81-233 Officers Directors Henry Nichols_____________ President L. R. Brown .Henry Nichols L. R. Brown_Vice President & Cashier W. J. Caskey R. L. Morton_________Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ f U. S. Gov’ t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  595,938.14 369,900.00 19,000.00 7,353.24 1.00 160,288.18  Liabilities Capital s t o c k __________! Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 189,002.55 Demand deposits________ Time deposits__________ Public funds ___________ Total dep. __$ 963,478.01  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,152,480.56  Total  25,000.00 100,000.00  16.362.77 47.639.78  708,017.76 64,591.64 190,868.61  $1,152,480.56  44  State of Arkansas:  Bank Department  DeWITT BANK AND TRUST COMPANY, DeWITT Population 2,843. Chartered March 1, 1929.  Arkansas County  Telephone Number 4161.  Officers George Smith______________ President R. H. Maddox__________________ ________ Vice President & Cashier Julian Brown_________ Asst. Cashier F. A. Trice____ _______ Asst. Cashier  Transit Number 81-245  Directors A. G. Bauer R. H. Maddox Julian Brown Geo. Smith George W. Hall C. L. Whitmore  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,425,455.27 U. S. Gov’t obligations _ 431,000.00 Other bonds and securities 548,006.28 Furniture and fixtures_ 5,000.00 20,000.00 Banking house ________ Other real estate_______ 1.00 Cash and due from banks 2,060,161.75 1.00 Other resources _______  Liabilities Capital s t o c k __________ $ 100,000.00 Surplus fund __________ 100,000.00 Undivided p r o fit s ______ 124,203.35 Reserves ______________ 49,429.89 Total capital accounts_$ 373,633.24 Demand deposits_______ 3,560,486.04 Time deposits__________ 303,144.19 U. S. Gov’t deposits__ 30,727.46 Public fu n d s ___________ 221,634.37 Total dep. — $4,115,992.06  Total  $4,489,625.30  Total  $4,489,625.30  BANK OF DOVER, DOVER Population 510.  Pope County  Chartered September 29,1905. Telephone Number 2481. Transit Number 81-329 Officers John E. Moore------------------President T. C. Campbell________Vice President W. M. Wallace--------------------- Cashier C. L. Poynter__________Asst. Cashier  Directors David R. Bewley S. F. McCain T. C. Campbell John E. Moore L. J. Churchill W. M. Wallace  STATEMENT OF JUNE 30, 1953 Resources Liabilities Loans and discounts___ $ 182,529.48 Capital s t o c k __________ $ 25,000.00 U. S. Gov’t obligations_ 168,100.00 Surplus f u n d ___________ 25,000.00 Other bonds and securities 7,425.42 Undivided p r o fit s ______ 18,749.52 Furniture and fixtures_ 3,600.00 Total capital Banking h ou se_________ 4,000.00 accounts_$ 68,749.52 Cash anjd due from banks 161,316.26 ------------------Other resources ________ 1.00 Demand deposits_______ 423,378.62 Time deposits__________ 5,000.00 U. S. Gov’t deposits____ 167.37 Public fu n d s ___________ 29,676.65 Total d e p ._$ 458,222.64 Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 526,972.16  Total  .$ 526,972.16  45  Thirty-Ninth Report  MERCHANTS AND FARMERS BANK, DUMAS Population 2,512. Chartered May 10, 1909.  Desha County  Telephone Number 114.  Officers Walton H. Rice___________ President Ray Maxwell__________Vice President Claud T. Frank______________ Cashier Mrs. Juanita S. Rowland-Asst. Cashier  Transit Number 81-330 Directors  R. A. Adcock J. E. Allmon R. F. Cox Jack S. Dante E. C. Gannaway Joe L. McKennon  Ray Maxwell R. A. Pickens D. O. Porter O. L. Puryear Walton H. Rice Lamar Williamson  STATEMENT OF JUNE 30, 1953 Liabilities Capital s t o c k __________ $ 100,000.00 Loans and discounts------$1,041,807.38 100,000.00 U. S. Gov’t obligations __ 764,078.75 Surplus f u n d __________ 86,562.89 Other bonds and securities 307,674.82 Undivided p r o fit s ______ 3,670.79 20,595.56 Reserves ______________ Furniture and fixtures_ 21,845.47 Total capital Banking h ou se_________ accounts_$ 290,233.68 Cash and due from banks 586,375.76 Other resources________ 3,975.84 Demand deposits_______ 1,770,128.12 Time deposits__________ 364,878.72 6,703.47 U. S. Gov’t deposits___ Public fu n d s ___________ 314,409.59 Total dep. —$2,456,119.90 Resources  T o ta l________________ $2,746,353.58  T ota l________________ $2,746,353.58  EARLE STATE BANK, EARLE Population 2,375. Chartered April 24, 1947.  Crittenden County  Telephone Number 2131.  Officers M. E. Bird_________ :______President W. M. Waters_______ Vice President Lawson T. Garner___ Vice President Mrs. Mary F. Fullwood--------- Cashier Mrs. Doris M. King___ Asst. Cashier  Transit Number 81-204  Directors C. P. Belue Everett Hood M. E. Bird B. J. Wallace C. L. Blanz, Jr. W. M. Waters B. G. Dickey, Jr. L. S. Young Lawson T. Garner  STATEMENT OF JUNE 30, 1953 Liabilities Loans and discounts------$ 800,373.82 Capital s t o c k __________ $ 80,000.00 60,000.00 Overdrafts ____________ 3.63 Surplus f u n d __________ U. S. Gov’t obligations _ 253,040.91 Undivided p r o fits ______ 46,427.85 Other bonds and securities 296,947.39 Reserves ______________ 14,883.30 Furniture and fixtures_ 14,310.50 Total capital Cash and due from banks 721,836.70 accounts_$ 201,311.15 Other resources________ 2,463.26 Demand deposits_______ 1,530,963.29 Time deposits__________ 31,500.00 U. S. Gov’t deposits___ 15,623.85 Public funds __________ 309,577.92 Total dep. —$1,887,665.06 Resources  T o t a l_________________ $2,088,976.21  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  T o t a l-------------------------- $2,088,976.21  46  State of Arkansas:  Bank Department  THE DELTA STATE BANK, ELAINE Population 744.  Phillips County  Chartered December 30, 1947. Telephone Number 41. Transit Number 81-759 Officers Wm. Demoret--------------------- President J. M. Countiss, Jr------ Vice President Mrs. Catherine M. Reid______Cashier Mrs. Anna L. Beane___ Asst. Cashier  Directors C. B. Barnhart Wm. Demoret E. Clay Bumpers F. R. Watson J. M. Countiss, Jr.  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $ 86,958.71 U. S. Gov’t obligations_ 250,000.00 Other bonds and securities 2,000.00 Furniture and fixtures_ 5,326.31 Cash and due from banks 235,957.88 Other resources ___ 738.38  Capital stock ______$ Surplus fund _ ____ Undivided profits ____ Reserves __________ _ Total capital accounts_$ 77,025.71 Demand deposits___ Public funds _ _ Total dep. __$ 503,955.57  Total  _  ________$ 580,981.28  T ota l_  __ $  40.000. 00 20.000. 00 16,302.88 722.83  440,410.31 63,545.26  580,981.28  THE EXCHANGE BANK & TRUST COMPANY, EL DORADO Population 23,076.  Union County  Chartered August 12, 1933. Telephone Number 3-5107. Transit Number 81-668 Officers Louis E. Hurley__________ President H. B. Axum_____Exec. Vice President D. R. James__________Vice President J. C. Craighead_____________ Cashier Claude B. Church______Asst. Cashier  Directors H. B. Axum D. R. James R. L. Aycock T. M. Martin R. C. Bodenhamer R. E. Meinert W. A. (Dick) Dumas R. W. Newell E. B. Garrett E. E. Paxton W. H. Hanna Joe G. Wepfer Louis E. Hurley  STATEMENT OF JUNE 30, 1953 Resources Liabilities Loans and discounts___ $21,769,512.80 Capital s t o c k __________ $ 100,000.00 U. S. Gov’t obligations_ 2,093,745.60 Surplus f u n d ___________ 100,000.00 Other bonds and securities 361,820.51 Undivided p r o fits ______ 191,329.92 Furniture and fixtures_ 26,577.46 Reserves ---------------------41,221.86 Cash and due from banks 2,110,937.51 Total capital accounts_$ 432,551.78  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Demand deposits_______ 5,750,687.68 Time d ep osits_________ 905,599.12 U. S. Gov’t deposits___ 18,450.67 Public fu n d s ___________ 202,632.29 Deposits of banks______ 52,672.34 Total dep. —$6,930,042.10 $7,362,593.88  Total  $7,362,593.88  47  Thirty-Ninth Report  BANK OF ELKINS, ELKINS Population 350. Chartered June 1, 1912.  Washington County  Telephone Number 29.  Officers  Transit Number 81-506 Directors  J. E. Bunch______ President & Cashier Edyth L. Bunch Oscar West___________ Vice President J. E. Bunch Clyde West___________ Vice President J. C. Reed  Roe Stokenbury Clyde West  STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts___ ! U. S. Gov’t obligations_ Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  271,258.00 362,000.00 1.00 1.00 297,930.05  Liabilities Capital s t o c k __________ Surplus fund __________ Undivided p r o fit s ______ Total capital accounts_$ 72,465.23 Demand deposits ______ Time deposits__________ Public fu n d s___________ Total dep. __$ 858,724.82  931,190.05  Total  Total  25.000. 00 42.000. 00 5,465.23  593,509.22 225,108.90 40,106.70  931,190.05  BANK OF ENGLAND, ENGLAND Population 2,136. Chartered August 23, 1898.  Lonoke County  Telephone Number 30.  O fficers  Transit Number 81-213 Directors  E. A. CarlLee__________—President B. F. Murchison_____Vice President Seth Boles, Jr______________ Cashier H. P. Bell______________ Asst. Cashier  Seth Boles, Jr. E. A. CarlLee D. P. Mashburn  B. F. Murchison Thos. O. Murchison  STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts----- $ 651,454.61 66,200.00 U. S. Gov’t obligations — 16,000.00 Other bonds and securities 3,001.00 Furniture and fixtures — 3,000.00 Banking h ou se------------1.00 Other real e s ta te ------- Cash and due from banks 589,556.73 1.00 Other resources------------  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,329,214.34  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 173,653.25'  50,000.00 40,000.00 83,653.25  Demand deposits ______ 1,020,706.08 Time deposits__________ 33,176.22 Public fu n d s ___________ 101,678.79 Total dep. —$1,155,561.09 Total  $1,329,214.34  48  State of Arkansas:  Bank Department  THE CITIZENS BANK, ENGLAND Population 2,136. Chartered January 14, 1931.  Lonoke County  Telephone Number 29.  Transit Number 81-492  Officers Ben B. Morris_____________ President Lois Rutherford_______Vice President J. Otis DuPree______________ Cashier Carroll C. Leonard, Jr._Asst. Cashier  Directors W. G. Cunning Lois Rutherford Ben B. Morris J. E. Swaim  STATEMENT OF Resources Loans and discounts___ $ 469,401.55 Overdrafts_____________ 121.83 U. S. Gov’t obligations_ 959,971.00 1.00 Furniture and fixtures_ Banking h ou se_________ 1.00 Other real e s ta te ______ 4.00 Cash and due from, banks 487,302.76 Other resources________ 1.00  JUNE 30, 1953 Liabilities Capital stock — — $ 60,000.00 50,000.00 Surplus fund _ --------128,447.89 Undivided profits _ 8,721.61 Reserves ______ ____ Total capital accounts_$ 247,169.50  Total  $1,916,804.14  Demand deposits _ 1,460,178.11 75,207.81 Time deposits U. S. Gov’t deposits__ 9,560.63 Public fu n d s ___ 124,688.09 Total dep. —$1,669,634.64 Total  $1,916,804.14  THE EUDORA BANK, EUDORA Population 3,072.  Chicot County  Chartered December 23, 1930. Telephone Number 54416. Transit Number 81-334 Officers W. W. Grubbs_____________President C. B. Bowman_________Vice President C. A. Diehl__________________ Cashier Ben Brown_____________Asst. Cashier Evelyn M. Lilly________ Asst. Cashier Mary G. Thach________ Asst. Cashier Hardy Stephenson______ Asst. Cashier  Directors A. G. Anderson C. J. Griffith, Jr. C. B. Bowman W. W. Grubbs Sam Bowman Ralph Scott E. T. Cashion R. T. Stephenson C. A. Diehl  STATEMENT OF JUNE 30, 1953 Resources Liabilities Loans and discounts___ $ 550,507.44 Capital s t o c k __________ $ 75,000.00 50,000.00 3,217.74 Surplus f u n d ___________ Overdrafts_____________ U. S. Gov’t obligations — 514,978.13 Undivided p r o fits ______ 76,349.71 Other bonds and securities 360,781.97 Reserves ----------------------25,339.02 6,979.77 Total capital Furniture and fixtures_ 2,499.97 accounts_$ 226,688.73 Banking h o u se _________ Cash and due from banks 354,939.56 ------------------1,273.15 Demand deposits_______ 1,088,886.28 Other resources ________ Time deposits__________ 259,041.67 U. S. Gov’t deposits__ •_ 7,601.22 Public fu n d s ___________ 212,959.83 Total dep. —$1,568,489.00 Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,795,177.73  Total  $1,795,177.73  49  Thirty-Ninth Report  BANK OF EUREKA SPRINGS, EUREKA SPRINGS Population 1,958. Chartered May 4, 1912.  Carroll County  Telephone Number 3441.  Officers C. A. Fuller----------------------- President Ray Freeman_________Vice President D. Simpson_____Vice Pres. & Cashier  Transit Number 81-472 Directors D. Simpson R. R. Thompson  Ray Freeman C. A. Fuller Dr. J. F. John  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 223,274.31 46.42 Overdrafts_____________ U. S. Gov’t obligations_ 582,900.00 Other bonds and securities 56,455.00 Furniture and fixtures_ 2,500.00 Banking h ou se_________ 2 , 000.00 Other real estate_______ 1.00 Cash and due from banks 307,973.85 Other resources ________ 2,053.78  Total  $1,177,204.36  Liabilities  Capital s t o c k __________ ! Surplus fund __________ Undivided p r o fit s ______ Total capital accounts_$ 88,732.85 Demand deposits_______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s___________ Total d ep ._$1,088,471.51 Total  25.000. 00 25.000.00 38,732.85  762,457.37 226,402.93 6,909.29 92,701.92  $1,177,204.36  BANK OF EVENING SHADE, EVENING SHADE Population 360. Chartered February 5, 1901.  Sharp County  Telephone Number 6.  Officers J. O. Laman----------------------- President O. S. Westmoreland___ Vice President E. B. Metcalf______________ Cashier J. B. Metcalf__________Asst. Cashier  J. O. Lajnan E. B. Metcalf  Transit Number 81-336 Directors J. B. Metcalf O. S. Westmoreland  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! U. S. Gov’t obligations _ Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  37.488.43 305,000.00 1.00 1.00 69,828.72  $ 412,319.15  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts—$ 42,791.35  30,000.00 2,791.35  Demand deposits_______ Time d ep osits_________ Public fu n d s ___________ Total dep. __$ 369,527.80  310,569.45 3.00 58,955.35  Total  10,000.00  $ 412,319.15  50  State of Arkansas:  Bank Department  McILROY BANK, FAYETTEVILLE Population 17,071.  Washington County  Chartered December 24, 1892. Telephone Number 2-5351. Transit Number 81-87 Officers Hayden Mcllroy___________ President James H. Kays_____ Exec. Vice Pres. & Tr. Off. J. B. McConnell_______Vice President L. O. Graham_V-Pres., Asst. Tr. Off. & Secy. W. C. Smith___ Asst. Vice President Eleanor Sheppard_____ Asst. Cashier & Asst. Secy. Zelma Farmer_________ Asst. Cashier  Directors L. L. Baxter Herbert L. Thomas L. O. Graham Clifton Wade James H. Kays Marion Wasson J. B. McConnell W. C. Whitfield, Jr. Hayden Mcllroy Hugh Williams Henry B. Shreve Paul Young, Jr.  STATEMENT OF JUNE 30, 1953 Liabilities Resources Loans and discounts___ $2,779,068.82 Capital s t o c k __________! 100,000.00 O verdrafts_____________ 2,011.95 Surplus f u n d __________ 100,000.00 U. S. Gov’t obligations _ 2,886,209.84 Undivided p r o fits ______ 88,976.07 321,313.94 Other bonds and securities 816,226.75 . Reserves ______________ Furniture and fixtures_ 21,452.43 Total capital Banking house ________ 69,081.95 accounts_$ 610,290.01 Cash and due from banks 3,416,866.15 Other resources________ 4,753.95 Demand deposits ______ 5,030,938.46 Time deposits__________ 1,434,047.60 U. S. Gov’t deposits___ 29,796.02 Public fu n d s ___________ 2,322,087.50 Deposits of banks_____ 568,512.25 Total d e p ._$9,385,381.83 Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $9,995,671.84  Total  $9,995,671.84  51  Thirty-Ninth Report  FORDYCE BANK AND TRUST COMPANY, FORDYCE Population 3,754.  Dallas County  Chartered January 5, 1931. Telephone Number 83. Officers E. C. Benton___________ —President B. A. Mayhew________Vice President Paul Offutt_________________ Cashier Jack Heamsberger____ Asst. Cashier Mrs. M. S. Smith_____ Asst. Cashier  Transit Number 81-127  Directors Oliver Anthony B. A. Mayhew Paul Offutt E. C. Benton H. B. Benton W. D. Stell H. E. Dedman L. Weems Trussell S. A. Williams J. H. Everett  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 654,098.42 Overdrafts ___ ________ 22.02 U. S. Govt’ obligations_ 1,043,129.44 Other bonds and securities 453,682.21 Furniture and fixtures_ 10,000.00 Banking h ou se_________ 39,000.00 5,663.00 Other real estate_______ Cash and due from banks 853,353.39 Other resources________ 1,357.60  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $3,060,306.08  Liabilities Capital s t o c k __________$ 100,000.00 100,000.00 Surplus fu n d ___________ Undivided p r o fit s ______ 53,013.59 Reserves ______________ 4,045.99 Total capital accounts_$ 257,059.58 Demand deposits_______ 1,916,330.27 Time deposits__________ 700,106.07 U. S. Gov’t deposits___ 41,069.67 Public fu n d s ___________ 142,211.88 Deposits of ban k s______ 3,528.61 Total dep. —$2,803,246.50 Total  $3,060,306.08  52  State of Arkansas:  Bank Department  PLANTERS BANK AND TRUST COMPANY, FORREST CITY Population 7,607. Chartered April 15, 1021.  St. Francis County-  Telephone Number 326.  Officers H. H. Cooper--------------------- President J. B. Fletcher________Vice President C. C. Moore________________ Cashier J. H. Calhoun________ Asst. Cashier Dione K. Henderson__ Asst. Cashier Elizabeth B. Moore___ Asst. Cashier W. P. Moore_________ Asst. Cashier  Transit Number 81-143  Directors E. B. Belshe Mrs. E. B. Robinson H. H. Cooper Sam Sharpe J. B. Fletcher Jack T. Stephens C. N. Haven R. R. Wilkerson Henry T. Haven James F. Wolfe L. F. Haven, Jr.  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $2,075,683.13 Overdrafts ____________ 1,850.94 U. S. Gov’t obligations_ 1,164,064.13 Other bonds and securities 832,586.07 30,203.55 Furniture and fixtures_ Banking h ou se_________ 48,000.00 Cash and due from banks 767,960.28 Other resources________ 3,797.56  .$4,924,145.66  Total  Liabilities Capital s t o c k __________ ! Surplus fund __________ Undivided p r o fit s ______ R e se rv e s ___ __________ Total capital accounts_$ 331,247.55  150.000. 00 150.000. 00 27,379.14 3,868.41  Demand deposits___ ___2,719,125.14 Time d ep osits_________ 821,714.36 U. S. Gov’t deposits___ 163,916.98 866,629.44 Public fu n d s ___________ Deposits of ban k s______ 21,512.19 Total dep. __$4,592,898.11 Total  $4,924,145.66  ARKANSAS VALLEY TRUST COMPANY, FORT SMITH (Not engaged in cpmmercial banking) Population 47,942.  Sebastian County  Chartered February 12, 1906. Telephone Number 3-1114. Transit Number 81-571 Officers Leon E. Werntz____________ President Camall Gardner_____ Vice President Walter T. Gosman_Secretary-Treas. Lloyd Williams_____ Asst. Secretary  Directors Harry P. Daily Raymond F. Orr Carnall Gardner Rutherford J. Ross S. Remie Harper R. J. Speer, Sr. Jerome Ney Leon E. Werntz  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts------$ U. S. Gov’t obligations____ Furniture and fixtures — Banking h ou se_________ Other real e s ta te --------Cash and due from banks Other resources-----------T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  51,170.65 49,708.00 24,290.44 39,709.07 100.00 96,027.72 190,413.90  $ 451,419.78  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts__$ 290,359.78  150,000.00 30,000.00 78,999.83 31,359.95  Other liabilities ________  161,060.00  Total  $ 451,419.78  53  Thirty-Ninth Report  THE BANK OF FRANKLIN, FRANKLIN Population 100.  Izard County  Chartered June 13, 1905.  Transit Number 81-338  Officers R. M. Standerford_________ President D. F. Bryant--- Vice Pres. & Cashier Wilma T. Foreman____ Asst. Cashier  Directors Mrs. Tressie Box W. A. Gaston D. F. Bryant R. M. Standeford  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 116,354.17 Overdrafts ____________ 289.50 U. S. Gov’t obligations_ 71,000.00 1,392.00 Furniture and fixtures_ Banking h ou se_________ 1.00 Cash and due from banks 118,803.74 Other resources________ 441.00  T ota l________________ $ 308,281.41  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided profits_______ Total capital accounts_$ 37,151.43  10,000.00 15,000.00 12,151.43  Demand deposits_______ U. S. Gov’t deposits____ Public fu n d s___________ Total d ep ._$ 271,129.98  198,677.97 4,168.34 68,283.67  T ota l________________ $ 308,281.41  BANK OF GLENWOOD, GLENWOOD Population 843.  Pike County  Chartered December 27, 1912. Telephone Number 18. Transit Number 81-343 Officers John Golden_______________President J. L. Pinkerton^______Vice President Hilmon H. Duke_____________ Cashier Doris Hutchings________Asst. Cashier  Directors R. W. Brakefield Homer Ligon C. R. Cantrell J. L. Pinkerton Hilmon H. Duke Ira C. West John Golden  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 425,009.87 Overdrafts ____________ 10.28 U. S. Gov’t obligations_ 496,300.00 Other bonds and securities 9,000.00 Furniture and fixtures_ 1.00 Banking h ou se_________ 1.00 Cash and due from banks 350,417.56 Other resources_____ '_ 1.00  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$1,280,740.71  Liabilities _$ Capital stock __ Surplus f u n d ___ __— Undivided p r o fit s _ Reserves ______________ Total capital accounts_$ 116,353.65 Demand d e p o s it s _____ Time deposits _ _ U. S. Gov’t deposits____ Public fu n d s _____ __ Total dep. __$1,164,387.06 Total  25.000. 00 40.000.00 49,337.01 2,016.64  916,928.67 212,417.83 131.25 34,909.31  $1,280,740.71  54  State of Arkansas:  Bank Department  BANK OF GRAVETT, GRAVETTE Population 894.  Benton County  Chartered February 28,1898. Telephone Number 7-3401. Transit Number 81-269 Officers J. T. Edmondson___________ President Philo Rodgers_______ Vice President C. E. McAllister_____Vice President Tom Cawood_________Vice President Frank Hidy_________________ Cashier John R. Meade_______ Asst. Cashier Eva Ballard___________ Asst. Cashier  Directors F. S. Ballard Allen McAllister Tom Cawood C. E. McAllister J. T. Edmondson Philo Rodgers J. T. Edmondson, Jr.  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 567,005.73 1,097.34 Overdrafts_____________ U. S. Gov’t obligations_ 689,430.00 Other bonds and securities 25,464.16 8,224.17 Furniture and fixtures_ Banking h ou se_________ 4,060.00 Other real e s ta te ______ 1.00 Cash and due from banks 583,353.19 Other resources ________ 704.2S  Liabilities Capital s t o c k __________ $ 25,000.00 Surplus f u n d __________ 25,000.00 Undivided p r o fit s ______ 111,673.85 Total capital accounts_$ 161,673.85 ------------------Demand deposits ______ 1,542,105.10 156,445.30 Time deposits__________ Public fu n d s___________ 19,115.57 Total dep. __$1,717,665.97  Total  $1,879,339.82  $1,879,339.82  Total  FARMERS BANK, GREENWOOD Population 1,634. Chartered August 7, 1907.  Sebastian County  Telephone Number 3231.  Officers W. N. Wilkinson___________President Means'Wilkinson.Vice Pres. & Cashier Alice Holland_________ Asst. Cashier George A. Henry_____ Asst. Cashier  Transit Number 81-226  Directors Charles O. Bell Means Wilkinson W. H. (Bill) Lewis W. N. Wilkinson  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Other real e s ta te ______ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  264,559.80 483,000.00 265,694.15 3,050.00 1.00 1.00 603,989.38  $1,620,295.33  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 127,037.57  40,000.00 35,000.00 52,037.57  Demand deposits_______ 1,101,673.00 Time deposits _________ 211,038.02 U. S. Gov’t deposits ____ 35,424’68 Public fu n d s ___________ 145,122.06 Total dep. __$1,493,257.76 Total  $1,620,295.33  55  Thirty-Ninth Report  THE FIRST BANK, GRIFFITHVILLE Population 207.  White County  Chartered November 6, 1905. Telephone Number 256. Transit Number 81-347 Officers  Directors  James A. Neaville, Sr______ President James A. Neaville, Jr._Vice President Ralph Neaville______________ Cashier  Claudia L. Grissom Jas. A. Neaville, Jr. Jas. A. Neaville, Sr. Jno. B. Neaville  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $ 51,946.59 U. S. Gov’t obligations_ 110,000.00 Furniture and fixtures_ 600.00 Banking h ou se_________ 1.00 Cash and due from banks 119,399.99  T o ta l________________ $ 281,947.58  Capital s t o c k __________$ Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 25,912.72  15,000.00 3,000.00 5,912.72 2,000.00  Demand deposits_______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s ___________ Total dep. 256,034.86  243,111.87 400.00 56.25 12,466.74  T ota l________________ $ 281,947.58  CLARK COUNTY BANK, GURDON Population 2,390. Chartered August 4, 1900.  Clark County  Telephone Number 3-4414. Transit Number 81-349  Officers  Directors  F. H. Rudolph___________ President E. H. Frizzell_______ Vice President Richard E. Davidson_________Cashier Mrs. Lewelyn Edwards_Asst. Cashier  Charles H. Crowe Richard E. Davidson E. H. Frizzell J. E. McMillan  Earl Ross H. T. Ross F. H. Rudolph  STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Cash and due from banks  Liabilities  363,546.82 316,658.88 241,320.54 320.00 339,828.73  T o ta l_________________ $1,261,674.97  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Capital s t o c k --------------- $ Surplus f u n d __________ Undivided p r o fits ---------Reserves ---------------------Total capital accounts_$ 122,337.58  50,000.00 25,000.00 43,657.09 3,680.49  Demand deposits_______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s ___________ Total dep. __$1,139,337.39  733,316.68 248,912.67 3,973.74 153,134.30  T o ta l_________________ $1,261,674.97  56  State of Arkansas:  Bank Department  FARMERS BANK, HAMBURG Population 2,655. Chartered March 10, 1941.  Ashley County  Telephone Number 47.  Officers W. E. Foote_______________President S. A. Wilcoxon________Vice President Leslie J. Serrett_____________ Cashier Louie G. Foote________Asst. Cashier  Transit Number 81-181  Directors F. P. Blanks Murphy Jones W. E. Foote Leslie J. Serrett W. E. Foote, Jr. S. A. Wilcoxon Leroy Higginbotham V. W. Walker  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 202,764.62 U. S. Gov’t obligations 1,006,900.00 Other bonds and securities 9,405.00 Cash and due from banks 330,600.45  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 158,016.55  25,000.00 75,000.00 58,016.55  Demand deposits_______ 1,345,197.94 Time deposits__________ 4,928.20 U. S. Gov’t deposits___ 1,441.48 Public funds >__________ 40,085.90 Total dep. __$1,391,653.52 Total  _____________ $1,549,670.07  T o ta l________________ $1,549,670.07  CALHOUN COUNTY BANK, HAMPTON Population 838. Chartered October 26, 1906.  Calhoun County  Telephone Number 42.  Officers B. W. Harrell_____________President Searcy Harrell________Vice President Len Harrell_________________ Cashier Mary Johnston_________Asst. Cashier  Transit Number 81-353  Directors B. W. Harrell E. C. Jphnston Fay Harrell I. C. Strickland Searcy Harrell A. G. Wood John E. Hearnsberger  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Other real e s ta te ______ Cash and due from banks  T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  554,260.46 370,700.00 190,706.23 11,782.90 9,968.83 1.00 204,814.52  $1,342,233.94  Liabilities Capital s t o c k __________$ 25,000.00 100,000.00 Surplus f u n d __________ Undivided p r o fits ______ 17,557.26 Reserves ________________ 24,525.00 Total capital accounts_$ 167,082.26 Demand deposits_______ Time deposits__________ U. S. Gov’t deposits____ Public funds --------------Total dep. __$1,175,151.68 Total  830,558.21 114,966.43 5,154.20 224,472.84  $1,342,233.94  57  Thirty-Ninth Report  THE BANK OF HARRISBURG, HARRISBURG Population 1,498.  Poinsett County  Chartered December 2, 1930. Telephone Number 5-5427. Transit Number 81-693 Officers T. T. Mardis_____________ President William S. Martin___ Vice President Horace S. Smith____________..Cashier Mrs. D. M- Mardis______Asst. Cashier Mrs. Ida J. Bettis______Asst. Cashier  Directors T. T. Mardis William S. Martin Mrs. D. M. Mardis  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! U. S. Gov’t obligations_ Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  277,711.52 784,710.00 11,734.69 8,955.00 361,697.74  Liabilities Capital s to c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts..? 125,683.34  25.000. 00 50.000. 00 50,683.34  Demand deposits_______ 1,170,731.93 U. S. Gov’t deposits__ 10,543.67 Public funds __________ 137,850.01 Total dep. __$1,319,125.61 $1,444,808.95  Total  Total  $1,444,808.95  COMMERCIAL BANK, HARRISON Population 5,542. Chartered July 7, 1944. F. T. V. D. T.  Boone County  Telephone Number 575.  Transit Number 81-746  Directors Officers L. Coffman, Sr________ President F. L. Coffman, Sr. E. E. Pippen W. Rogers__________ Ex. Vice Pres. F. L. Coffman, Jr. T. W. Rogers & Cashier T. L. Jackson V. D. Willis C. N. Kent, Sr. J. O. Wilson D. Willis____________________ VicePresident D. L. Owens L. Owens____________________ VicePresident G. Vinson___________ Asst. Cashier STATEMENT OF JUNE 30, 1953  Resources Loans and discounts___ $1,367,304.50 Overdrafts . _________„ __ 424.35 U. S. Gov’t obligations_ 434,810.00 Other bonds and securities 147,682.10 Furniture and fixtures_ 17,201.19 Cash and due from banks 1,320,083.64  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 172,452.43  Demand deposits_______ 1,977,792.62 Time deposits__________ 652,790.65 U. S. Gov’t deposits___ 8,787.51 Public funds __________ 413,417.23 Deposits of banks______ 44,823.91 Total dep. __$3,097,611.92 Other liabilities________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $3,287,505.78  75,000.00 75,000.00 22,452.43  Total  17,441.43 $3,287,505.78  58  State of Arkansas:  Bank Department  THE SECURITY BANK, HARRISON Population 5,542. Chartered November 20, 1931.  Boone County  Telephone Number 86.  Transit Number 81-704  Officers C. C. Alexander-----------------President Roy L. Baker, Jr---- Ex. Vice Pres. & Asst, to President E. R. Tims_Ex. Vice Pres. & Cashier Kathryn Jones_________Asst. Cashier  Directors C. C. Alexander Joe Kirby Roy L. Baker W. O. Newton Roy L. Baker, Jr. E. R. Tims Garvin Fitton L. A. Watkins T. C. Heuer  STATEMENT OF Resources Loans and discounts___ $2,087,767.95 Overdrafts ____________ 1,951.50 U. S. Gov’t obligations_ 1,000,800.00 Other bonds and securities 615,301.60 Furniture and fixtures_ 1.00 Banking h ou se_________ 1.00 Cash and due from banks 1,935,071.10 Other resources________ 3.00  JUNE 30, 1953 Liabilities Capital s t o c k __________ $ 100,000.00 Surplus f u n d __________ 150,000.00 37,824.38 Undivided p r o fits ______ Total capital accounts_$ 287,824.38  T o ta l________________ $5,640,897.15  Demand deposits_______ 3,738,648.64 Time deposits__________ 1,264,604.40 U. S. Gov’t deposits____ 31,357.75 Public fu n d s ___________ 265,938.26 Deposits of ban k s______ 52,523.72 Total dep. __$5,353,072.77 T ota l________________ $5,640,897.15  PRAIRIE COUNTY BANK, HAZEN Population 1,270. Chartered July 17, 1945.  Prairie County  Telephone Number 2511.  Transit Number 81-750  Officers J. J. Screeton_____________President R. C. Hartlieb_Exec. Vice President L. P. Aycock_________ Vice President James E. Sparks____________ Cashier Grace O. Stallings_____ Asst. Cashier  Directors L. P. Aycock H. B. Robinson J. 0. Crowly J. J. Screeton H. J. Hall Ezra Shoop R. C. Hartlieb James E. Sparks  STATEMENT OF Resources Loans and discounts___ $ 570,672.86 Overdrafts ____________ 2,848.42 U. S. Gov’t obligations 183,251.01 Other bonds and securities 211,772.96 Furniture and fixtures_ 20,163.85 Banking h ou se_________ 25,171.44 Cash and due from banks 380,171.49 Other resources __________ 674.65  JUNE 30, 1953 Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 132,224.63  60,000.00 40,000.00 22,817.16 9,407.47  Demand deposits_______ Time deposits _________ U. S. Gov’t deposits___ Public fu n d s ___________ Total dep. __$1,262,502.05  848,209.14 147,578.92 12,800.38 253,913.61  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,394,726.68  Total  $1,394,726.68  59  Thirty-Ninth Report  THE CLEBURNE COUNTY BANK, HEBER SPRINGS Population 2,109.  Cleburne County  Chartered December 16, 1930. Telephone Number 2-2643. Transit Number 81-175 Officers Dr. L. E. Robbins_Chm. of the Board Wiley H. Robbins_________ President Jerome Johnson_Exec. Vice President Dr. Bruce M. Robbins_Vice President Walter Aldridge_____________ Cashier Juanita Taylor_________Asst. Cashier Della Mae Verser______Asst. Cashier Sammie Morton________Asst. Cashier  Directors Dr. W. E. Robbins Dr. Joe N. Robbins Jerome Johnson Wiley H. Robbins Dr. L. E. Robbins Dr. B. M. Robbins  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks  219,678.07 385,538.83 109,546.10 1.00 1,500.00 720,325.42  Liabilities Capital s t o c k __________ : Surplus f u n d __________ Undivided p rofits_______ Reserves ______________ Total capital accounts_$ 178,406.40  30.000. 00 35.000. 00 105,267.05 8,139.35  Demand deposits _______ 1,162,719.00 U. S. Gov’t deposits___ 7,796.83 Public fu n d s___________ 87,667.19 Total dep. —$1,258,183.02 Total  $1,436,589.42  Total  $1,436,589.42  GUARANTY LOAN AND TRUST COMPANY, HELENA (Not engaged in commercial banking) Population 11,236.  Phillips County  Chartered February 9, 1910. Telephone Number 4-3032. Transit Number 81-64 Officers Directors Dewey Moore______________ President S. H. Hurst W. L. Morris H. G. Stephens, Jr___Vice President C. E. Mayer H. G. Stephens, Jr. C. L. McKelvy___________ Secretary Dewey Moore W. D. Hudson, Jr________ Treasurer STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Other real e s ta te ______ Cash and due from banks Other resources ________ Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  93,052.11 20,600.00 14,000.00 1.00 1.00 85,027.03 3,001.00  $ 215,682.14  Liabilities Capital s t o c k __________$ 50,000.00 Surplus fu n d ___________ 25,000.00 Undivided p r o fits ______ 12,144.94 Total capital accounts-_$ 87,144.94 ------------------Trust deposits_________ 124,069.82 Other liabilities________ 4,467.38 Total  $ 215,682.14  60  State of Arkansas:  Bank Department  VALLEY BANK, HINDSVILLE Population 262. , Madison County Chartered November 8, 1907. Adry C. F. H. L. Lloyd  Telephone Number 22.  Officers Gaskill______________President Fitch, Jr_______ Vice President Mayfield_______ Vice President A. Linebarger--------------Cashier  Transit Number 81-362 Directors  Wm. B. Bunch Tom Hargis C. F. Fitch, Jr. Lloyd A. Linebarger Adry Gaskill H. L. Mayfield James R. Hargis  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ Overdrafts ____________ U. S. Gov’t obligations — Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  Total  72,682.64 37.79 85.300.00 10.940.00 1.00 500.00 97,448.40  266,909.83  Liabilities Capital s t o c k ---------------! Surplus f u n d --------------Undivided p r o fits --------Reserves ______________ Total capital accounts_$ 31,295.97 ------------------Demand deposits_______ Time deposits__________ Public fu n d s ___________ Total d ep ._$ 235,613.86 Total  10,000.00 10,000.00  4,583.57 6,712.40  176,736.75 48,877.11 10,000.00  266,909.83  BANK OF HOLLY GROVE, HOLLY GROVE Population 761. Chartered March 12, 1903.  Monroe County  Telephone Number 681.  Officers M. P. Walls_______________ President J. I. Matthews________Vice President B. J. Lambert, Jr__________ Cashier Jack Phillips__________Asst. Cashier  Transit Number 81-275 Directors  B. J. Lambert J. B. Moore, Jr. B. J. Lambert, Jr.M. P. Walls J. I. Matthews O. M. Washington J. W. Mayo  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ___ ___ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  418,070.87 3.33 518,851.19 111,125.00 4,504.18 1.00 217,901.60  $1,270,457.17  Liabilities Capital s t o c k _______ $ Surplus fund _ -------- --Undivided profits __ Total capital accounts_$ 143,692.94  30,000.00 90,000.00 23,692.94  Demand deposits __ __ Time d ep osits__ __ U. S. Gov’t deposits____ Public funds _________ Total dep. __$1,126,764.23  909,135.73 97,201.34 225.00 120,202.16  Total  $1,270,457.17  61  Thirty-Ninth Report  HORATIO STATE BANK, HORATIO Population 776. Chartered May 15, 1905.  Sevier County  Telephone Number 77.  Officers C. E. Hendrix_______ j._____President W. H. Frith_________ Vice President O. T. Brinkley_______ Vice President Mazie Gallaher______________ Cashier  Transit Number 81-342  Directors 0. T. Brinkley Lilia S. Hendrix F. R. Ethridge L. O. Shull C. E. Hendrix  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Other real es ta te ______ Cash and due from banks Other resources________  Liabilities  518,009.47 428.50 405,887.64 138,110.86 10,059.42 4,000.00 1.00 260,708.09 4,949.90  Capital s t o c k __________! Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 92,662.26  32.500.00 42.500.00 17,662.26  Demand deposits_______ Time d ep osits_________ U. S. Gov’t deposits___ Public funds __________ Total dep. __$1,249,353.22  983,902.73 157,SSb*^ 3,578.00 104,486.04  Other liabilities Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,342,154.88  Total  139.40 $1,342,154.88  62  State of Arkansas:  Bank Department  ARKANSAS TRUST COMPANY, HOT SPRINGS Population 29,307. Chartered April 18, 1907.  Garland County  Telephone Number 6400.  Officers Dave Burgauer____________ President Geo. H. Sexton_____ Exec. Vice Pres. Norton Meek___ Vice Pres. & Cashier William L. L ittle ______________ ____________ Vice Pres. & Auditor E. M. Thrash______ Vice President Marie Schnebelen_______________ ________Asst. Cashier & Tr. Off. Robert E. Jones________Asst. Cashier C. J. Clements_________ Asst. Cashier H. G. Gasbarre________Asst. Cashier F. L. Baldwin__________ Asst. Cashier  Transit Number 81-51  Directors Dave Burgauer F. L. Thompson Clarence J. Horner E. M. Thrash Norton Meek Hill A. Wheatley Carl E. Miles W. W. Wilson Geo. H. Sexton E. F. Woodcock  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts_$ 1,931,417.99 Overdrafts____________ 81.36 U. S. Gov’t obligations _ 6,548,388.98 Other bonds and securities 759,556.72 Furniture and fixtures_ 26,295.13 Banking h ou se________ 51,9*00.02 Cash and due from banks 3,124,736.85 54,955.96 Other resources ______  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $12,497,333.01  Liabilities Capital stock__________ $ Surplus f u n d _________ Undivided p r o fits _____ Reserves _____________ Total capital accounts_$l,027,028.80  300,000.00 300,000.00 316,822.05 110,206.75  Demand deposits______ Time deposits_________ U. S. Gov’t deposits__ Public fu n d s __________ Total dep._$ll,416,821.07  9,326,430.15 899,278.80 80,001.58 1,111,110.54  Other liabilities ______  53,483.14  Total  $12,497,333.01  63  Thirty-Ninth Report  JACKSONVILLE STATE BANK, JACKSONVILLE Population 2,474. Chartered August 2, 1949.  Pulaski County  Telephone Number 3.  Transit Number 81-764  Officers Directors Jack East, Jr_______________ President Jack East, Jr. Clarence M. Thomas Kenneth Pat Wilson__ Vice President Lyle B. Marcus B. Fred Thompson Kenneth Pat Wilson R. C. Willcox________________ Cashier J. H. Mize Mrs. Winnie Trawick__ Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts__ _$1,025,168.80 12.57 Overdrafts__ _________ Other bonds and securities' 97,234.45 Furniture and fixtures _ 17,236.36 Banking house __ 41,671.84 Cash and due from banks 390,553.61 Other resources 1.00  Liabilities Capital stock $ Surplus fund __ Undivided profits Total capital accounts-_$ 108,535.37  Demand deposits 1,230,345.34 Time deposits 143,960.08 U. S. Gov’t deposits___ 8,531.25 Public funds 70,676.20 Total dep. _.$1,453,512.87 Other liabilities  Total __  $1,571,878.63  ___  75,000.00 15,000.00 16,535.37  11,830.39  Total _____  $1,571,878.63  NEWTON COUNTY BANK, JASPER Population 407. Chartered March 24, 1903.  Newton County  Telephone Number 15.  Officers O. A. Moore______________ President J. Lex Moore_________Vice President L. W. Nance___ Vice Pres. & Cashier Goldie Ham___________ Asst. Cashier Alta Gordon__________ Asst. Cashier  Transit Number 81-371  Directors J. Lex Moore Jerry D. Nance O. A. Moore L. W. Nance W. C. Moten  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 199,711.08 Overdrafts_____________ 20.50 U. S. Gov’t obligations_ 299,618.50 Furniture and fixtu res_ 1,612.94 Banking h ou se_________ 5,770.27 Other real es ta te ______ 234.00 Cash and due from banks 151,823.41  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 658,790.70  Liabilities Capital s t o c k --------------- ! Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 66,383.88 Demand deposits_______ Public fu n d s___________ Total dep. __$ 592,406.82 Total  25.000. 00 25.000.00 16,383.88  552,686.63 39,720.19  .$ 658,790.70  64  State of Arkansas:  Bank Department  CITIZENS BANK OF JONESBORO, JONESBORO Population 16,310. Chartered July 25, 1919.  Craighead County  Telephone Number 6603.  Officers M. L. McKinney___________ President J. Lan Williams—Exec. Vice President C. V. M cKinney____________ Cashier Major W. Griffin_____ Asst. Cashier  Transit Number 81-613  Directors C. V. McKinney B. Frank Williams G. E. McKinney J. Lan Williams M. L. McKinney  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $3,505,686.33 Overdrafts ______ 1,088.43 U. S. Gov’t obligations_ 2,074,916.99 Other bondsand securities 380,841.47 Furniture and fixtures_ 1.00 Cash and due from banks 2,921,341.76  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$8,883,875.98  Liabilities Capital s t o c k __________ $ 200,000.00 Surplus f u n d __________ 200,000.00 Undivided p r o fits ---------- 252,480.54 Total capital accounts_$ 652,4^0.54 ------------------Demand d e p o sits______ 5,026,847.03 Time deposits'__________ 2,224,751.39 U. S. Gov’t deposits____ 22,736.37 Public funds __________ 522,572.73 Deposits of banks______ 434,487.92 Total d ep ._$8,231,395.44 Total  $8,883,875.98  65  Thirty-Ninth Report  MERCANTILE BANK, JONESBORO Population 16,310. Chartered January 7, 1932.  Craighead County  Telephone Number 5521.  Transit Number 81-72  Officers Claude Gregory_____________President G. G. Smith__ Exec. Vice President Nathan Deutsch_VicePres. & Secy. R. W. Higginbotham________ Cashier Alberta Dickson________Asst. Cashier Carey Smith___________ Asst. Cashier Louise Smith__________ Asst. Cashier Naomi Craft__________ Asst. Cashier Betty Pittman_________ Asst. Cashier  Directors Bryan Armstrong Claude Gregory Joe C. Barrett W. Gus Nash, Jr. Edward O. Cherry L. M. Rebsamen Nathan Deutsch G. G. Smith A. Faught . J. Paul Smith Charles Frierson  STATEMENT OF Resources Loans and discounts___ $2,955,016.80 U. S. Gov’t obligations_2,173,619.38 Other bonds and securities 551,549.14 18,834.50 Furniture and fixtures_ Banking h ou se_________ 11,500.00 Cash and due from banks 1,404,320.04 Other resources________ 8,697.86  JUNE 30, 1953 Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ _ Total capital accounts_$ 526,445.40  200,000.00 100,000.00  220,403.21 6,042.19  Demand deposits_______ 3,683,117.58 Time deposits__________ 2,255,475.52 U. S. Gov’t deposits___ 47,886.61 544,323.00 Public fu n d s___________ Deposits of ban k s______ 66,289.61 Total dep. __$6,597,092.32 Total  $7,123,537.72  Total  $7,123,537.72  FARMERS AND MERCHANTS BANK, JUDSONIA Population 1,122. White County Chartered May 29,1913. Telephone Number 38. Transit Number 81-549 Officers A. J. Stephens_____________ President J. H. Graves__________Vice President C. I. Stevens________________ Cashier Guy Humphries________Asst. Cashier  Directors J. Herbert Graves A. J. Stephens J. A. Henson E. O. Yancey  STATEMENT OF JUNE 30, 1953 Liabilities Capital s to c k __________ $ 35,000.00 Surplus f u n d __________ 30,000.00 Undivided p r o fit s ______ 35,753.49 Total capital accounts_$ 100,753.49 — ;--------------Demand deposits ______ 690,627.47 U. S. Gov’t deposits___ 468.75 Public fu n d s ___________ 94,179.99 Total dep. __$ 785,276.21  Resources Loans and discounts___ $ 163,914.81 U. S. Gov’t obligations_ 454,890.63 Other bonds and securities 96,820.00 6,615.75 Furniture and fixtures_ 6,000.00 Banking h ou se_________ Cash and due from banks 157,788.51  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 886,029.70  Total  $ 886,029.70  66  State of Arkansas:  Bank Department  UNION STATE BANK, JUNCTION CITY Population 1,013. Chartered August 28, 1933.  Union County-  Telephone Number 73.  Officers I. A. Brinker_____________ President O. H. Goodwin________Vice President J. M. Thompson_____________ Cashier  Transit Number 81-232  I. A. Brinker A. A. Couch 0. H. Goodwin  Directors Houston Hall H. E. Kinard H. J. Williams  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 153,727.27 U. S. Gov’t obligations_ 552,847.40 Other bonds and securities 27,392.23 Furniture and fixtures_ 1,200.00 Banking h ou se_________ 2,300.00 Other real es ta te ______ 1.00 Cash and due from banks 289,894.02  Total  $1,027,361.92  Liabilities Capital stock __________ $ Surplus fund __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts-_$ 107,065.60  25,000.00 50,000.00 28,215.60 3,850.00  Demand deposits ______ Time deposits__________ U. S. Gov’t deposits___ Public funds __________ Total dep. __$ 920,296.32  642,456.64 190,120.34 937.50 86,781.84  Total  $1,027,361.92  BANK OF KENSETT, KENSETT Population 829.  White County  Chartered February 17, 1922. Telephone Number 191. Transit Number 81-649 , Officers A. P. Mills _______ President John H. Johnston___ Vice President __ Cashier Mrs. Thelma Roth  Directors John H. Johnston J. W. Sloan A. P. Mills  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 18,970.58 15.43 Overdrafts __ U. S. Gov’t obligations_ 208,000.00 Furniture and fixtures_ 167.80 Banking h ou se _ _ 1.00 Cash and due from banks 283,289.87 1.00 Other resources_______  Liabilities Capital stock $ Surplus fund Undivided profits Total capital accounts. 1$ 44,499.92 Demand deposits Public funds _ Total dep. __$ 465,798.16 Other liabilities _  Total ------- ---------  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  —$ 510,445.68  25,000.00 4,000.00 15,499.92  457,943.29 7,854.87 147.60  T ota l____ _______ ___ $ 510,445.68  67  Thirty-Ninth Report  BANK OF KINGSTON, KINGSTON Population 200.  Madison County-  Chartered April 7, 1911.  Transit Number 81-467  Officers A. B. Bunch______________ President Tom Hargis__________Vice President WilsOn Bunch_______________ Cashier Wm. B. Bunch_________Asst. Cashier  Directors A. B. Bunch Tom Hargis Wilson Bunch Mrs. Ada B. McCracken H. C. Fields  STATEMENT OF JUNE 30, 1953 Liabilities Resources Loans and discounts___ $ 51,356.80 Capital s to c k __________ $ 10,000.00 10,000.00 U. S. Gov’t obligations_ 137,062.35 Surplus f u n d ___________ 21,960.00 Undivided p r o fit s ______ 6,634.63 Other bonds and securities 121.00 Reserves ______________ 5,000.00 Furniture and fixtures_ 1.00 Total capital Banking h ou se_________ 307.00 accounts_$ 31,634.63 Other real esta te______ Cash and due from banks 89,109.25 ------------------Demand deposits_______ 172,398.02 90,884.75 Time deposits__________ Public fu n d s___________ 5,000.00 Total dep. 268,282.77 .$ 299,917.40  Total  Total  .$ 299,917.40  FARMERS STATE BANK, LAKE CITY Population 783.  Craighead County  Chartered February 28, 1950. Telephone Number 3221. Transit Number 81-766 Officers H. H. McAdams___________ President Fred Carter_________ Vice President Donald Timms_Asst. Vice President L. D. Walker, Jr_____________Cashier LaWanda Timms______Asst. Cashier  Directors Fred Carter M. S. Rubenstein L. A. Cato Donald Timms W. O. Doak G. E. Wood H. H. McAdams  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! U. S. Gov’t obligations— Furniture and fixtures_ Banking h o u s e _______ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  431,242.19 100,000.00 1,000.00  4,000.00 396,973.28  Liabilities Capital s to c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ R eserv es__ '___________ Total capital accounts_$ 92,414.19 Demand deposits_______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s___________ Deposits of banks______ Total dep.—$ 840,801.28  $ 933,215.47  Total  50.000. 00 25.000. 00 14,187.90 3,226.29  477,723.55 102,202.53 6,033.25 214,850.99 39,990.96  .$ 933,215.47  68  State of Arkansas:  Bank Department  BANK OF LAKE VILLAGE, LAKE VILLAGE Population 2,484. Chartered October 14, 1937.  Chicot County  Telephone Number 46.  Transit Number 81-598  Officers Directors W. T. Wynn_______________ President Ben Angel J. B. Gillison W. C. Lovette E. T. Cashion__ Exec. Vice President D. W. Brooks J. B. Gillison_______ Vice President E. T. Cashion W. T. Wynn James S. Suitt______________ Cashier Frances Wheat_______ Asst. Cashier Ann Rossini__________ Asst. Cashier STATEMENT OF Resources Loans and discounts___ S 722,609.63 767.88 Overdrafts_____________ U. S. Gov’t obligations_ 945,330.25 Other bonds and securities 156,255.35 Furniture and fixtures_ 7,925.40 Banking h ou se_________ 7,000.00 Cash and due from banks 453,919.93  JUNE 30, 1953 Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 277,504.69  50.000. 00 50.000. 00 156,632.43 20,872.26  Demand deposits_______ 1,496,200.01 Time d ep osits_________ 254,734.36 10,290.01 U. S. Gov’t deposits___ Public fu n d s___________ 254,654.41 Total dep. __$2,015,878.79 Other liabilities $2,293,808.44  Total  Total  424.96 $2,293,808.44  CITIZENS BANK OF LAVACA, LAVACA Population 373. Sebastian County Chartered May 5, 1910. Telephone Number 2341. Transit Number 81-378 Officers W. D. West_______________ President J. M. Llewellyn______________ Cashier Mrs. J. M. Llewellyn__ Asst. Cashier  Directors W. J. Echols W. D. West J. M. Llewellyn  STATEMENT OF Resources Loans and discounts___ $ 156,214.20 U. S. Gov’t obligations_ 152,565.20 Other bonds and securities 8,803.07 Furniture and fixtures — 1,391.20 Banking h ou se_________ 900.00 Cash and due from banks 116,688.35  JUNE 30. 1953 Liabilities Capital s t o c k __________$ Surplus fund __________ Undivided p r o fit s ______ Total capital accounts_$ 45,064.03  15,000.00 15,000.00 15,064.03  Demand deposits_______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s ----------------Total dep. __$ 391,485.99  328,431.23 8,951.41 1,433.02 52,670.33  Other liabilities________  12.00  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 436,562.02  Total  $ 436,562.02  Thirty-Ninth Report  69  LEACHVILLE STATE BANK, LEACHVILLE Population 1,230.  Mississippi County  Chartered December 18, 1950. Telephone Number 82. Transit Number 81-769 Officers Louis Weinberg____________President Robert Braden_______________ Cashier Fred F. Alexander______Asst. Cashier  Directors J. Lee Bearden J. L. Swihart LeRoy Carter Louis Weinberg Nelson Henry  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 481,603.11 Overdrafts_____________ 173.99 U. S. Gov’t obligations__ 19,950.00 Other bonds and securities 5,147.46 11,270.98 Furniture and fixtures_ Banking h ou se_________ 6,877.08 Other real e s ta te ______ 5,200.00 Cash and due from banks 278,960.26  Total  .$ 809,182.88  Liabilities Capital stock _ $ Surplus fund _ _ _ Undivided profits Total capital accounts_$ 83,534.04 Demand deposits Time deposits Public funds Total dep. __$ 725,648.84 Total  50,000.00 25,000.00 8,534.04  522,981.32 55,555.00 147,112.52  .$ 809,182.88  LITTLE RIVER BANK, LEPANTO Population 1,683.  Poinsett County  Chartered November 21, 1919. Telephone Number 108. Transit Number 81-622 Officers D. F. Portis_____________ President B. H. Murphy_________Vice President A. T. Bell__________________ Cashier Will J. Riddick________Asst. Cashier Merle L. Dickerson_____Asst. Cashier  A. T. Bell E. P. Burton W. H. Cross Wayne Easpn  Directors B. H. Murphy D. F. Portis J. C. Portis  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations Other bonds and securities Furniture and fixtures_ Cash and due from banks  Liabilities 978,672.95 Capital s t o c k __________ $ 50,000.00 166,700.00 Surplus fund __________ 150,000.00 82,950.00 Undivided p r o fit s _______ 73,841.87 1.00 Reserves _______ .______ 3,703.03 876,143.04 Total capital accounts_$ 277,544.90  T o t a l_________________ $2,104,466.99  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Demand deposits_______ 1,281,557.60 Time deposits _________ 122,623.86 U. S. Gov’t deposits----4,803.01 Public fu n d s ___________ 317,937.62 Total dep. __$1,726,922.09 Bills P a ya ble__________  100,000.00  T o t a l______ ___________$2,104,466.99  70  State of Arkansas:  Bank Department  LESLIE STATE BANK, LESLIE Population 610. Chartered April 17, 1948.  Searcy County  Telephone Number 60.  Officers Rex Killebrew_____________ President Arthur J. Siegel_Vice Pres. & Cashier Helen McBride_________Asst. Cashier  Transit Number 81-761  Directors J. Virgil Blair Arthur J. Siegel Rex Killebrew Page H. Thomas Wm. J. Seeger  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 220,448.86 Overdrafts _ _ 51.33 U. S. Gov’t obligations_ 179,797.09 Other bonds and securities 23,535.50 2,830.72 Furniture and fixtures_ Cash and due from banks 149,451.00 Other resources _ ___ 380.35  T o ta l________________ $ 576,494.85  Liabilities Capital stock ___ _____ $ Surplus fund ___ _ Undivided profits _ Total capital accounts_$ 54,213.71  25,000.00 lb,000.00 14,213.71  Demand deposits _ _ Time deposits_____ U. S. Gov’t deposits____ Public funds Total d e p ._$ 522,281.14  350,151.13 141,223.74 5,893.75 25,012.52  T o ta l________________ $ 576,494.85  PEOPLES BANK AND LOAN COMPANY, LEWISVILLE Population 1,237. Chartered August 25, 1911.  Lafayette County  Telephone Number 98.  Transit Number 81-475  Officers Directors W. D. Stewart____________ President P. D. Burton J. C. Landes T. P.Lemay J. C. Landes________ Ex. Vice Pres. P. D. Burton, Jr. & Cashier J. A. Harrel W. D. Stewart T. P. Lemay__________________VicePresident P. D. Burton, Jr______Vice President STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts_____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks Other resources ________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  446,901.27 134.12 639,475.83 210,850.37 4,500.00 18,000.00 310,859.24 2,187.48  $1,632,908.31  Liabilities Capital s t o c k __ _______ $ Surplus f u n d __________ Undivided p r o fit s --------Total capital accounts_$ 120,818.73  50,000.00 50,000.00 20,818.73  Demand deposits ______ Time deposits__________ U. S. Gov’t deposits----Public fu n d s ___________ Total d e p ._$1,512,089.58  811,638.73 520,011.66 6,739.96 173,699.23  Total  $1,632,908.31  71  Thirty-Ninth Report  BANK OF LINCOLN, LINCOLN Population 771. Chartered March 19, 1903.  Washington County-  Telephone Number 19.  Officers W. T. Shannon____________President J. A. English__________Vice President B. J. Basden________________ Cashier C. C. Karnes__________Asst. Cashier  Transit Number 81-384  B. J. Basden E. W. Baugh J. A. English H. A. Lewis  Directors R. H. Pitts S. H. Pitts W. T. Shannon  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ I 356,502.06 Overdrafts_____________ 542.31 U. S. Gov’t obligations_ 321,506.00 Other bonds and securities 95,815.00 Furniture and fixtures_ 1.00 Banking house ________ 1.00 Cash and due from banks 260,605.51  Total  $1,034,972.88  Liabilities Capital s to c k __________ ! Surplus f u n d --------------Undivided p r o fits --------Total capital accounts_$ 113,940.50 Demand deposits ______ Time d ep osits_________ U. S. Gov’t deposits___ Public funds __________ Total dep._$ 921,032.38  25.000. 00 25.000. 00 63,940.50  712,222.61 158,529.10 2,515.23 47,765.44  $1,034,972.88  Total  METROPOLITAN TRUST COMPANY, LITTLE ROCK (Not engaged in commercial banking) Population 102,213.  Pulaski County  Chartered June 5, 1926.  Telephone Number 4-1744  Officers Justin Matthews, Jr______ President Somers Matthews____ Vice President John P. Matthews________Secretary Eva M. Hale_______ Asst. Secretary  Directors Lila B. Matthews Martha D. Matthews John P. Matthews Justin Matthews, Jr. Somers Matthews  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! Other bonds and securities Furniture and fixtures_ Other real estate______ Cash and due from banks Other resources________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  92,149.81 122,327.39 662.30 21,834.40 74,954.56 207,012.64  $ 518,941.10  Liabilities Capital s t o c k __________ ! Surplus fu n d ___________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 459,577.05  250,000.00 25,000.00 181,205.89 3,371.16  Bills P a ya ble__________ Other liabilities________  58,210.65 1,153.40  Total  $ 518,941.10  State of Arkansas:  72  Bank Department  WORTHEN BANK AND TRUST COMPANY, LITTLE ROCK Population 102,213. Chartered August 4, 1902.  Pulaski County  Telephone Number 4-4392.  Officers Emmet Morris__ Chairman of Board James H. Penick_________ President L. E. Dishongh_Vice Pres. & Cashier John G. Potts_________ Vice President James Keith__________ Vice President G. A. Zimmerman____ Vice President Gardner Lile_________ Vice President Booker Worthen_____ Vice President R. B. Elwood_________ Vice President D. M. Murphy__ Asst. Vice President Melvin Lawson_Asst. Vice President M. S. Heim____ Asst. Vice President R. M. McCown__ Asst. Vice President M. L. Hogan___________ Asst. Cashier Louis East_____________ Asst. Cashier W. G. Cobb------------------- Asst. Cashier E. O. Manees___________Asst. Cashier G. L. Alexander_____ Asst. Cashier Edward M. Penick____ Asst. Cashier Emmett L. Darr____________ Auditor  Transit Number 81-7  Directors William C. Allsopp W. Robert Crow L. E. Dishongh Alfred Leymer Frank Lyon Emmet Morris Edward M. Penick James H. Penick John G. Potts Frank M. Silverman Theo. C. Treadway Booker Worthen  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts__ $10,539,043.34 Overdrafts ___________ 43.20 •U. S. Gov’t obligations. 25,161,366.23 Other bonds and securities 7,219,475.05 Furniture and fixtures134,000.00 150,000.00 Banking h ou se________ Cash and due from banks 19,540,872.06 Other resources ______ 99,410.08  Liabilities Capital stock ________$ 1,000,000.00 Surplus fund _________ 1,000,000,00 815,316.36 Undivided profits ___ Reserves _____________ 164,902.13 Total capital accounts $ 2,980,218.49 Demand deposits _____ 30,659,580.69 Time d ep osits________ 10,726,016.75 U. S. Gov’t d eposits_ 623,999.98 Public fu n d s__________ 9,098,426.34 Deposits of b a n k s__ 8,747,181.85 Total dep. $59,855,205.61 Other liabilities ______  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $62,844,209.96  Total  8,785.86 $62,844,209.96  Thirty-Ninth Report  73  BANK OF LOCKESBURG, LOCKESBURG Population 714. Chartered October 14, 1902.  Sevier County  Telephone Number 78.  Officers M. L. Norwood____________President Hugh Latimer________Vice President R. C. Norwood______________ Cashier Mrs. R. C. Norwood___ Asst. Cashier  Transit Number 81-385  Directors Mary F. Hampson M. L. Norwood Hugh Latimer R. C. Norwood  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 135,706.14 U. S. Gov’t obligations. _ 207,907.23 Other bonds and securities 48,362.33 Furniture and fixtures_ 1.00 Banking h ou se_________ 1,250.00 Cash and due from banks 113,912.63  T ota l________________ $ 507,139.33  Liabilities Capital s to c k __________$ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 57,564.07  25,000.00 23,000.00 9,564.07  Demand deposits ______ Time deposits _________ U. S. Gov’t deposits.,__ Public funds __________ Total dep._$ 449,575.26  381.387.61 23,942.68 217.00 44,027.97  T otal________________ $ 507,139.33  FIRST STATE BANK, LONOKE Population 1,556. Chartered March 9, 1935.  Lonoke County  Telephone Number 6-6357.  Officers J. J. Fletcher_____________ President W. Hi Bransford______Vice President Arthur Herring_____________ Cashier E. L. White__________Asst. Cashier  Transit Number 81-200  Directors J. O. Bennett _ W. W. McCrary, Jr. W. H. Bransford C. A. Miller J. J. Fletcher Guy E. Williams M. E. Lyons  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks Other resources________  490,935.28 717,559.38 154,610.72 1.00 10,456.84 450,816.21 1,242.10  Total _______________ $1,825,621.53  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s t o c k __________$ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 155,226.27  25,000.00 60,000.00 70,226.27  Demand deposits ______ 1,395,183.41 U. S. Gov’t deposits___ 15,008.42 Public fu n d s___________ 260,203.43 Total dep.— 1,670,395.26 Total _______________ $1,825,621.53  74  State of Arkansas:  Bank Department  FARMERS BANK AND TRUST COMPANY, MAGNOLIA Population 6,918. Columbia County Chartered September 26,1906. Telephone Number S-l. Transit Number 81-163 Officers  Directors  R. S. Warnock, Jr________ President W. L. Jameson, Jr_____Vice President R. S. Foster__________ Vice President W. N. Paschal________ Vice President W. K. Twitty_______________ Cashier H. A. Reid___________Asst. Cashier  R. S. Foster W. E. Fullenwider W. L. Jameson, Jr. W. N. Paschal Mrs. T. H. Reeves  H. A. Reid J. A. W. Souter W. K. Twitty R. S. Warnock, Jr. V. B. Wood  STATEMENT OF JUNE 30, 1953 Liabilities Capital s t o c k --------------- $ 50,000.00 Loans and discounts___ $ 306,846.95 200,000.00 U. S. Gov’t obligations_ 6,121,993.43 Surplus f u n d __________ Other bonds and securities 415,708.28 Undivided p r o fits ______ 219,214.70 Furniture and fixtures_ 23,567.45 Total capital 43,106.00 Banking house ________ accounts_$ 469,214.70 Other real estate______ 42.00 Cash and due from banks 1,201,964.39 Demand deposits ______ 5,724,240.40 Other resources _______ 4.00 Time deposits •________ 1,534,738.48 U. S. Gov’t deposits____ 11,081.17 Public fu n d s___________ 373,957.75 Total dep.__$7,644,017.80 Resources  Total  $8,113,232.50  $8,113,232.50  Total  BANK OF MALVERN, MALVERN Population 8,072. Hot Spring County Chartered June 24, 1889. Telephone Number 66. Transit Number 81-131 Officers  Directors  Robert Smith, Jr__________ President J. Elmo Young________Vice President R. R. Chamberlain____Vice President Jester Jones_________________ Cashier Miss Hester H. Smith_Asst. Cashier Foy G. Ritchey________ Asst. Cashier  Mrs. Flora B. AdamsChas. S. Smith Ray Boyle Robert Smith, Jr. R. R. Chamberlin J. Elmo Young  STATEMENT OF JUNE 30, 1953 Liabilities Loans and discounts___ $ 608,107.99 Capital s t o c k __________ ! 100,000.00 100,000.00 Overdrafts ____________ 355.75 Surplus f u n d __________ 56,804.51 U. S. Gov’t obligations_ 2,477,210.07 Undivided p r o fit s ______ 23,206.31 Other bonds and securities 195,637.01 Reserves ______________ 12,236.67 Total capital Furniture and fixtures_ accounts_$ 280,010.82 Banking h o u s e __.l____ 1,975.00 Cash and due from banks 1,117,689.76 Other resources ________ 9,910.00 Demand deposits_______ 3,559,880.99 Time deposits__________ 80,689.61 U. S. Gov’t deposits___ 41,795.60 Public funds __________ 443,427.34 Deposits of ban k s______ 17,317.89 Total dep. __$4,143,111.43 Resources  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $4,423,122.25  Total  $4,423,122.25  75  Thirty-Ninth Report  PEOPLES BANK, MAMMOTH SPRING Population 870. Chartered February 8, 1921.  Fulton County  Telephone Number 44.  Officers  Transit Number 81-645 Directors  J. F. Martin______________ President Cloy H. Culver Vice Pres. & Cashier Lem W. Lewis________Asst. Cashier  Auda M. Culver Cloy H. Culver J. F. Martin  W. L. Miller M. H. Powell  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $ 95,055.18 Overdrafts ____________ 168.84 U. S. Gov’t obligations_ 504,859.25 Furniture and fixtures_ 1,531.00 Banking h ou se_________ 1.00 Cash and due from banks 156,916.69  T o ta l________________ $ 758,531.96  Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 65,070.70  25,000.00 10,000.00 30,070.70  Demand deposits ______ U. S. Gov’t deposits___ Public funds __________ Total dep. 693,461.26  657,172.62 143.02 36,145.62  T o ta l________________ $ 758,531.96  MERCHANTS AND PLANTERS BANK, MANILA Population 1,729. Chartered March 16, 1948.  Mississippi County  Telephone Number 30.  Officers  Transit Number 81-710 Directors  E. C. Fleeman___________ President H. D. Alston H. D. Alston________Vice President Wm. Borowsky Wm. G. Fox________________ Cashier E. C. Fleeman Peggy Gammill________Asst. Cashier Fred Fleeman  Wm. G. Fox H. B. Perkins L. E. Townsend  STATEMENT OF JUNE 30, 1953 Liabilities  Resources  Loans and discounts____$ 422,044.94 Other bonds and securities 41,000.00 Furniture and fixtures_ 12,481.78 Banking h ou se_________ 8,367.21 Cash and due from banks 380,802.81  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Capital s t o c k __________ ! Surplus fund --------------Undivided p r o fit s ______ Total capital accounts_$ 129,288.05 Demand deposits___ ,__ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s ___________ Total d e p ._$ 735,408.69  .$ 864,696.74  Total  75.000. 00 25.000. 00 29,288.05  580,862.04 26,376.77 2,051.58 126,118.30  .$ 864,696.74  76  State of Arkansas:  Bank Department  BANK OF MANSFIELD, MANSFIELD Population 869. Chartered February 16, 1939.  Sebastian County  Telephone Number 7.  Officers G. R. Holbrook____________President Gilmer K. Dixon_____ Vice President Woodson W. Holbrook_______Cashier B. R. Holbrook_________Asst. Cashier  Transit Number 81-249  Directors Gilmer K. Dixon W. W. Holbrook B. R. Holbrook S. M. Taylor G. R. Holbrook G. G. Woods  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures Banking h ou se_________ Cash and due from banks  Total  269,917.04 397.90 824,388.75 129,040.00 5,311.80 4,000.00 320,075.10  Liabilities Capital stock _ $ Surplus fund _ Undivided profits Reserves Total capital accounts_$ 152,876.43  958,893.68 247,978.69 5,058.64 188,323.15  Demand deposits Time deposits U. S. Gov’t deposits___ Public funds Total d e p ._$1,400,254.16  $1,553,130.59  30,000.00 45,000.00 30,209.71 47,666.72  $1,553,130.59  Total  FARMERS AND MERCHANTS BANK, MARIANNA Population 4,530. Chartered January 9, 1942.  Lee County  Telephone Number 585.  Officers H. L. Petty_ President W. V. Moye__________Vice President W. R. Jones___________ Cashier Mrs. Nelle R. Stallings_Asst.Cashier Mrs. Margaret D. Harris Asst. Cashier  Transit Number 81-744  Directors E. D. Conner W. V. Moye Thos. H. Gist Ike Panich A. C. Mahan, Jr. H. L. Petty Glenn U. Miller Henry B. White John F. Miller Harvey W. Wilson W. P. Mixon  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 972,547.02 Overdrafts ____________ 1,069.72 U. S. Gov’t obligations_ 215,734.48 Other bonds and securities 19,711.13 Furniture and fixtures_ 12,851.88 Cash and due from banks 541,226.24 Other resources ________ 787.77  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,763,928.24  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s --------Reserves ______________ Total capital accounts_$ 205,416.81  50,000.00 50,000.00 80,739.21 24,677.60  Demand deposits ______ 1,337,168.51 Time d ep osits_________ 23,000.00 U. S. Gov’t deposits___ 7,838.10 Public fu n d s ___________ 190,504.82 Total d e p ._$1,558,511.43 Total  $1,763,928.24  Thirty-Ninth Report  77  CITIZENS BANK, MARION Population 883. Chartered March 15, 1938.  Crittenden County  Telephone Number 1.  Transit Number 81-742  Officers Directors J. F. Fogleman___________ President Perry Barton Allen B. Helms Perry Barton__________Vice President Wilson P. Barton A. J. Lumpkin A. J. Lumpkin_____________ Cashier J. F. Fogleman J. C. Mann Mrs. Mary L. Hoskins__Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 289,417.23 Overdrafts ____________ 29.21 U. S. Gov’t obligations __ 1,176,715.16 Other bonis and securities 167,196.63 Furniture and fixtures 1.00 Banking h ou se_________ 1.00 Cash and due from banks 348,274.67  T o ta l___ ^___________ $1,981,634.90  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 169,905.46  40,000.00 40,000.00 89,905.46  Demand deposits_______ 1,262,157.20 Time deposits__________ 106,780.15 U. S. Gov’t deposits___ 1,897.73 Public funds __________ 440,894.36 Total dep. __$1,811,729.44 Total  $1,981,634.90  MARKED TREE BANK, MARKED TREE Population 2,878. Chartered March 3, 1932.  Poinsett County  Telephone Number 60.  Transit Number 81-705  Officers Directors John Brunner_____________President John Brunner H. R. Ritter H. R. Ritter_________Vice President John Brunner, Jr. L. V. Ritter L. H. Goad_________________ Cashier Frank Brunner L. V. Ritter, Jr. Helen Stewart_________Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 483,506.00 Overdrafts ____________ 28.90 U. S. Gov’t obligations_ 1,234,966.43 Other bonds and securities 13,000.00 Furniture and fixtures_ 3,578.06 Banking h ou se_________ 10,071.35 Cash and due from banks 639,017.92  Liabilities Capital s t o c k __________: Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 227,937.68  50.000. 00 75.000. 00 92,427.72 10,509.96  Demand deposits ______ 1,906,655.56 Time deposits__________ 8,903.71 U. S. Gov’t deposits___ 12,900.28 Public fu n d s ___________ 227,771.43 Total d ep ._$2,156,230.98 Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,384,168.66  Total  $2,384,168.66  78  State of Arkansas:  Bank Department  THE CITIZENS BANK, MARSHALL Population 1,189. Chartered February 26, 1940.  Searcy County  Telephone Number 27.  Officers Mrs. Mary Massey------------- President J. C. Baker-----------------Vice President Leo Watts----------------------------Cashier Mrs. Jimmie Lee Falls_Asst. Cashier  Transit Number 81-715  Directors J. C. Baker Mary Massey M. F. Cash Ancil Mays Dewey Massey Leo Watts  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se _________ Other real estate_______ Cash and due from banks  Total  321,249.12 12.53 282,000.00 119,664.17 3,530.15 11,246.05 442.35 576,205.39  $1,314,349.76  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 82,864.12 Demand deposits ______! Time deposits__________ Public fu n d s ___________ Total d ep ._$1,231,485.64 Total  25.000. 00 35.000. 00 22,864.12  609,131.84 505,670.68 116,683.12  $1,314,349.76  BANK OF MARVELL, MARVELL Population 1,121. Chartered January 8, 1903.  Phillips County  Telephone Number 2564.  Officers Guy Robinson_____________ President H. B. Willis___ Vice Pres. & Cashier F. H. Webster________Vice President Evelyn S. Cooke_______Asst. Cashier  Transit Number 81-393  Directors Saul Davidson Guy Robinson K. J. Graves Rachel Swift Edmund Hirsch , F. H. Webster Weldon Jackson H. B. Willis  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ 411,107.22 U. S. Gov’t obligations __ 523,725.00 28,500.00 Other bonds and securities 2 , 000.00 Furniture and fixtures __ 3,000.00 Banking h ou se------------Cash and due from banks 231,809.46  Liabilities Capital s t o c k __________ : Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 145,833.29 Demand deposits _____ Time deposits--------------Public fu n d s-------------Total dep. __$1,054,308.39  T o t a l_________________ $1,200,141.68  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  50.000. 00 30.000. 00 25,833.29 40.000. 00  988,005.38 2,000.00 64,303.01  T o t a l-------------------------- $1,200,141.68  Thirty-Ninth Report  79  BANK OF McCRORY, McCRORY Population 1,115. Woodruff County Chartered June 8, 1903. Telephone Number 3221. Transit Number 81-261 Officers Directors I. N. Arnof______________ President I. N. Arnof Vance M. Thompson Vance M. Thompson_Vice President John D. Eldridge, Jr. Otto Miller____ Exec. Vice President Curtis A. Houston.__________Cashier John D. Eldridge, Jr._____ Secretary Mrs. Ruth Hale_______ Asst. Cashier James W. Taylor______ Asst. Cashier STATEMENT OF JUNE 30, 1953 Liabilities Resources Loans and discounts___ if 865,035,65 Capital s t o c k __________ $ 50,000.00 50,000.00 2,070.02 Surplus f u n d __________ Overdrafts ____________ 56,190.36 U. S. Gov’t obligations __ 312,287.23 Undivided p r o fit s ______ 3,590.92 Other bonds and securities 377,319.61 Reserves ______________ Furniture and fixtures_ 1.00 Total capital Banking h ou se_________ accounts_$ 159,781.28 1.00 Cash and due from banks 409,177.06 Other resources _______ 3.00 Demand deposits ______ 1,669,528.48 U. S. Gov’t deposits___ 10,755.59 Public fu n d s ___________ 125,829.22 Total dep. __$1,896,113.29 Total  $1,965,894.57  Total  $1,965,894.57  McGEHEE BANK, McGEHEE Population 3,854. Desha County Chartered December 5, 1933. Telephone Number 31. Transit Number 81-585 Officers Directors R. G. Verser_____ Chairman of Board R. L. Beck W. R. Stephens Sam Bowman______________ President C. B. Bowman R. B. Stone J. W. Willoughby, Jr._Vice President Sam Bowman R. G. Verser J. M. Ferriss________________ Cashier W. A. Smith J. W. Willoughby, Jr. Mark E. Sherland, Jr._Asst. Cashier • J. R. Rich_____________ Asst. Cashier STATEMENT OF JUNE 30, 1953 Liabilities Resources Loans and discounts___ $1,835,824.52 Capital s t o c k __________ ! 150.000. 00 100.000. 00 Overdrafts________ !___ 1,554.73 Surplus f u n d __________ Undivided p r o fit s ______ 104,989.99 U. S. Gov’t obligations_1,021,418.38 Other bonds and securities 918,581.04 Reserves ______________ 22,407.28 Furniture and fixtures_ 15,500.00 Total, capital accounts_$ 377,397.27 Cash and due from banks 715,673.19 Other resources________ 1,918.42 Demand deposits ______ 2,436,957.93 Time deposits _________ 957,466.07 U. S. Gov’t deposits___ 131,497.45 Public fu n d s ___________ 599,201.30 Total dep. __$4,125,122.75  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Other liabilities________ $4,510,470.28  Total  7,950.26 $4,510,470.28  80  State of Arkansas:  Bank Department  THE BANK OF MELBOURNE, MELBOURNE Population 568. Chartered July 29, 1896.  Izard County  Telephone Number 17.  Officers A. J. Younger__ President & Cashier Tom Simpson_________Vice President Ernestine Marlin______ Asst. Cashier Opal Troxler__________ Asst. Cashier  J. C. Miller Tom Simpson  Transit Number 81-397 Directors A. J. Younger  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! Overdrafts ____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks  Total  118,252.63 6.29 416,000.00 42,052.04 1.00 1.00 110,651.40  $ 686,964.36  Liabilities Capital s to c k __________ ! Surplus f u n d __________ Undivided p r o fits ______ Total captal accounts_$ 66,808.85 Demand deposits_______ U. S. Gov’t deposits___ Public funds __________ Total dep._$ 620,155.51 Total  25.000. 00 25.000. 00 16,808.85  575,874.31 2,892.92 41,388.28  .$ 686,964.36  THE UNION BANK OF MENA, MENA Population 4,445. Chartered July 25, 1934.  Polk County  Telephone Number 85.  Officers W. J. Lauck----------------------- President W. L. Boyd Ex. Vice Pres. & Cashier Bill Lauck Wood_______Asst. Cashier Mrs. Ramona Hensley_Asst. Cashier M. E. Drake___________ Asst. Cashier  W. L. Boyd W. J. Lauck  Transit Number 81-98 Directors Bill Lauck Wood  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ i U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks  744,810.12 662,700.00 463,577.65 12.594.89 11.133.90 635,936.05  Liabilities Capital s to c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 199,387.61  75,000.00 50,000.00 74,387.61  Demand deposits_______ 2,079,541.35 Time d ep osits_________ 123,459.65 U. S. Gov’t deposits___ 14,339.99 Public funds __________ 114,024.01 Total dep.__$2,331,365.00 Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,530,752.61  Total  $2,530,752.61  81  Thirty-Ninth Report  MONETTE STATE BANK, MONETTE Population 1,114. Craighead County Chartered December 29, 1936. Telephone Number 50. Transit Number 81-724 Officers Directors R. E. Jacobs----- President & Cashier S. J. Cohen B. Frank Williams B. Frank Williams____Vice President R. E. Jacobs F. H. Heise-----------------Asst. Cashier Thurman Miller_Mgr. Caraway Office STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,120,610.87 Overdrafts ____________ 373.11 U. S. Gov’t obligations_ 25,000.00 Furniture and fixtures_ 6,438.61 Other real e sta te______ 15,472.46 Cash and due from banks 919,816.13 Other resources________ 2,052.32  T ota l________________ $2,089,763.50  Liabilities Capital s to c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts_$ 181,926.67  50,000.00 50,000.00 81,926.67  Demand deposits ______ 1,596,870.12 74,456.68 Time d eposits_________ U. S. Gov’t deposits___ 1,115.03 Public funds --------------119,756.68 Deposits of ban k s______ 1J5,638.32 Total dep._$1,907,836.83 T otal________________ $2,089,763.50  COMMERCIAL LOAN AND TRUST COMPANY, MONTICELLO Population 4,501. Drew County Chartered November 29,1912. Telephone Number 228. Transit Number 81-534 Directors Officers John B. Posey J. D. McCloy_____________President J. A. Baxter M. L, Sigman_______ Vice President J. F. Brann James A. Ross Joe McCloy_____Exec. Vice President E. R. Lambert Joe' Shelton M. L. Sigman Mrs. Mabel C. Sherry------------ Cashier Joe McCloy Virgil J. Trotter, Jr. Mrs. Velma Allen______Asst. Cashier J. D. McCloy Mrs. Hazel Dickinson_Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ Overdrafts -----------------U. S. Gov’t obligations — Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Other real esta te______ Cash and due from banks Other resources________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  532,615.08 421.48 542,606,00 325,524.20 1,120.84 8,000.00  1.00  427,556.17 435.69  $1,838,280.46  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 218,211.29  60,000.00 60,000.00 48,211.29 50,000.00  Demand deposits ______ 1,369,486.38 Time deposits _______ 47,840.11 U. S. Gov’t deposits___ 12,038.24 Public funds __________ 189,704.44 Deposits of ban k s______ 1,000.00 Total dep. __$1,620,069.17 Total  $1,838,280.46  82  State of Arkansas:  Bank Department  UNION BANK AND TRUST COMPANY, MONTICELLO Population 4,501. Chartered September 15,1915.  Drew County  Telephone Number 31.  Officers  V. J. Trotter______________ President Adrian Williamson___ Vice President Charles W. Daniel____Vice President & Cashier Mrs. Virginia Pierce_Asst. Vice Pres. Floyd L. Lance_______ Asst. Cashier Mrs. Aileen Coston___ Asst. Cashier  Transit Number 81-156 Directors  R. A. Adcock Dr. J. P. Price Brown Calhoun R. F. Trotter Geo. R. CampsterV. J. Trotter Chas. W. Daniel Adrian Williamson Zacb McClendon M. F. Wright W. R. McCloy  STATEMENT OF JUNE 30, 1953 Liabilities  Resources  Loans and discounts___ $1,187,090.10 Overdrafts ____________ 437.54 U. S. Gov’t obligations_ 752,058.50 Other bonds and securities 1,390,010.28 Furniture and fixtures_ 1.00 Banking house ________ 25,000.00 Cash and due from banks 513,679.18 Other resources________ 600.66  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $3,868,877.26  Capital s t o c k __________ $ Surplus f u n d __________ Undivided profits ______ Reserves ____ ^________ Total capital accounts_$ 500,280.13  100,000.00 100,000.00 129,651.33 170,628.80  Demand deposits_______ 2,642,501.58 Time deposits _________ 230,915.05 U. S. Gov’t deposits____ 22,076.97 Public funds __________ 466,592.44 Deposits of banks______ 6,511.09 Total d e p ._$3,368,597.13 Total  $3,868,877.26  83  Thirty-Ninth Report  THE FIRST STATE BANK, MORRILTON Population 5,483. Conway County Chartered November 26, 1930. Telephone Number 10. Transit Number 81-144 Directors  Officers  R. S. L. C. H. S.  H. Dickenhorst_______ President E. McReynolds. _Exec. Vice Pres. T. Oates__________Vice President E. Linebarger____________ Cashier J. Kordsmeier_____ Asst. Cashier W. Callihan_______ Asst. Cashier  R. H. W. E. S. R. S. E.  Dickenhorst T. M. McReynolds Love L. T. Oates McKinley A. F. Williams McReynolds  STATEMENT OF JUNE 30, 1953 Liabilities Loans and discounts___ $1,198,632.27 Capital stock __________ $ 100,000.00 100,000.00 Overdrafts ____________ 60.55 Surplus fu n d '__________ Undivided p r o fit s ______ 184,390.59 U. S. Gov’t obligations_2,501,578.14 29,110.26 Other bonds and securities 399,225.35 Reserves ______________ Banking house ________ 30,000.00 Total capital accounts_$ 413,500.85 Other real estate_______ 1.00 Cash and due from banks 1,232,011.76 Demand deposits ______ 4,465,672.33 T'me deposits _________ 261,360.30 U. S. Gov’t deposits___ 43,592.15 175,312.50 Public funds __________ Deposts of banks______ 2,070.94 Total dep. _.$4,948,008.22 Resources  Total  $5,361,509.07  Total  $5,361,509.07  THE BANK OF MONTGOMERY COUNTY, MOUNT IDA Population 566. Montgomery County Chartered November 26, 1930. Telephone Number 149. Transit Number 81-404 Officers Directors R. A. Rice________________ President R. A .Rice Arthur Standridge. J. A. Rice____________ Vice President J. A. Rice H. D. Williams H. D. Williams______________ Cashier Sam G. Smith Juanita Standridge___ Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts___ $ 373,677.16 Overdrafts ____________ 35.84 U. S. Gov’t obligations_ 423,655.97 Furniture and fixtures_ 2,392.68 Banking house ________ 500.00 Other real esta te--------1.00 Cash and due from banks 232,711.40  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s to c k --------------- $ Surplus f u n d --------------Undivided p r o fits ______ Reserves ---------------------Total capital accounts-_$ 99,229.05 Demand deposits ______ Time deposits _________ U. S. Gov’t deposits___ Public funds __________ Total dep.—$ 933,745.00  $1,032,974.05  Total  25,000.00 35,000.00 31,712.71 7,516.34  634,968.42 208,247.90 3,066.24 87,462 44  $1,032,974.05  84  State of Arkansas:  Bank Department  THE PEOPLE BANK, MOUNTAIN HOME Population 2,217. Chartered August 10, 1906.  Baxter County  Telephone Number 6.  Officers Powers L. Fowler--------------- President Don J. Baker------------- Vice President Neil Nelson-------------------------- Cashier  Transit Number 81-402  Don J. Baker Earl Bryant Wylo Dyer  Directors Powers L. Fowler J. P. Morgan  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligations _ Other bonds and securities Furniture and fixtures _ Banking h ou se_________ Cash and due from banks  Liabilities 796,347.62 Capital s to c k __________ $ 50,000.00 403.33 Surplus f u n d ___________ 50,000.00 1,324,419.33 Undividedp r o fits _______ 102,772.40 261,319.55 Reserves ____________ 10,226.71 10,506.00 Total capital 9,000.00 accounts_$ 212,999.11 ------------------638,864.76 Demand d e p o sits______ 2,667,818.22 2,122.00 U. S. Gov’t deposits___ Public fu n d s___________ 157,921.26 Total dep._.$2,827,861.48  T ota l__________________ $3,040,860.59  T ota l_______________ -$3,040,860.59  BANK OF MOUNTAIN VIEW, MOUNTAIN VIEW Population 1,043. Chartered July 21, 1915.  Stone County  Telephone Number 2271.  Officers W. C. Branscum__________ President Lackey Moody________Vice President H. R. Moore_______________ Cashier Reva Killian__________ Asst. Cashier Marie Goodman_______ Asst. Cashier  Transit Number 81-403  Directors W. C. Branscum H. R. Moore Hubert Hinkle G. R. Sansom Lackey Moody  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts------$ 177,183.64 U. S. Gov’t obligations — 408,100.00 95,000.00 Other bonds and securities 1,198.92 Furniture and fixtures — 1,000.00 Banking h ou se------------Cash and due from banks 248,176.17  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fits ______ Reserves --------------------Total capital accounts, _$ 96,883.68 Demand deposits ______ Public fu n d s___________ Total dep. „ $ 833,775.05  .$ 930,658.73  Total  25.000. 00 30.000. 00 40,783.68 1,100.00  737,286.89 96,488.16  $ 930,658.73  85  Thirty-Ninth Report  BANK OF MULBERRY, MULBERRY Population 952. Chartered January 15, 1902.  Crawford County  Telephone Number 40.  Officers S. B. Stevinson____________ President T. J. House______Vice Pres1. & Cashier Mrs. T. J. House______Asst. Cashier C. D. Chastain_______ Asst. Cashier  Transit Number 81-257  Directors C. R. Counts O. J. Kirksey B. J. Farmer S. B. Stevinson T. J. House  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ | 362,497.23 Overdrafts1_____________ 695.59 U. S. Gov’t obligations_ 298,600.00 88,915.94 Other bonds and securities 1.00 Furniture and fixtures_ Banking house________ 1.00 Cash and due from banks 333,576.71 Other resources ________ 700.00  Total  Liabilities Capital s to c k __ _______ $ Surplus fu n d ____ 1______ Undivided p r o fits ______ Total capital accounts_$ 122,698.92  ----------------  Demand deposits ______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s___________ Total d ep ._$ 962,288.55  $1,084,987.47  25,000.00 25,000.00 72,698.92  884,141.14 306.03 9,993.87 67,847.51  T ota l________________ $1,084,987.47  PIKE COUNTY BANK, MURFREESBORO Population 1,079. Chartered December 19, 1904.  Pike County  Telephone Number 5.  Officers John Beavers--------------------- President Clarence Anthony____ Vice President C. W. Darnall______________Cashier Cleo Risner----------------- Asst. Cashier Jean Lochamy________ Asst. Cashier  Transit Number 81-405  Directors Dr. T. F. Alford Glenn Hickey Clarence Anthony Mabel B. Manville John Beavers Carle Robbins C. W. Darnall  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking h ou se_________ Cash and due from banks Other resources________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  497,117.86 398,728.74 187,327.52 10,000.00  5,500.00 613,469.81 1,683.88  $1,713,827.81  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 118,936.77  37,500.00 25,000.00 56,436.77  Demand deposits --------Time deposits _________ Public fu n d s ___________ Total dep. „ $ 1 ,594,891.04  998,946.59 248,989.43 346,955.02  Total  $1,713,827.81  86  State of Arkansas:  Bank Department  BANK OF NETTLETON, NETTLETON Population 1,382.  Craighead County  Chartered February 13, 1904. Telephone Number 2131. Transit Number 81-406 Officers L. D. Kiech----------------------- President Fred Shauver________Vice President E. E. Hale_________________ Cashier R. E. Thomas_________Asst. Cashier  Directors E. E. Hale Veon C. Kiech L. D. Kiech Fred Shauver Maurice C. Kiech  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 609,487.86 Overdrafts ______ *____ 6.20 U. S. Gov’t obligations_ 711,200.00 Other bonds and securities 94,911.00 Furniture and fixtures_ 1.00 Banking h ou se _________ 3,680.00 Cash and due from banks 330,128.45  Total  $1,749,414.51  Liabilities Capital s to c k __________ $ 40,000.00 Surplus f u n d __________ 110,000.00 Undivided p r o fits ______ 66,112.17 Total capital accounts_$ 216,112.17 Demand deposits ______ 1,454,602.20 U. S. Gov’t deposits___ 178.08 Public funds __________ 78,522.06 Total dep._$1,533,302.34 Total  $1,749,414.51  BANK OF NEWARK, NEWARK Population 913.  Independence County  Chartered October 10, 1944. Telephone Number 16. Officers W. J. Freeze______________President O. L. Bone__________ Vice President Stella Edwards______ Vice President James M. Troy______________ Cashier J. L. Magness_________Asst. Cashier  Transit Number 81-748  Directors O. L. Bone J. L. Magness Ed V. Wilson C. P. Edwards Stella Edwards L. E. Wilson W. J. Freeze  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 217,284.13 U. S. Gov’t obligations 342,000.00 Other bonds and securities 310.42 Furniture and fixtures_ 1,000.00 Cash and due from banks 212,545.00  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 773,139.55  Liabilities Capital s t o c k ----------------$ Surplus fund __________ Undivided p r o fit s --------Total capital accounts—$ 54,426.14  25,000.00 20,000.00 9,426.14  Demand deposits ______ U. S Gov’t deposits___ Public funds _____ ,___ Total dep. 718,713.41  599,203.45 3,650.00 115,859.96  Total  $ 773,139.55  87  Thirty-Ninth Report  BANK OF NEW EDINBURG, NEW EDINBURG Population 500. Chartered August 22, 1904.  Cleveland County  Telephone Number 879J2.  Officers Ray Attwood_Vice Pres. & Cashier Geneva Attwood______Asst. Cashier  Transit Number 81-408 A1*fl E. T. Attwood^ W. K. Parham Ray Attwood  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts____$ 42,692.75 U. S. Gov’t obligations_ 244,000.00 Other bonds and securities 18,771.10 Furniture and fixtures_ 1.00 Banking b o u s e _________ 1.00 Cash and due from banks 64,015.66 100.00 Other resources ________  T o ta l________________ $ 369,581.51  , Liabilities Capital stock _ ______$ Surplus f u n d __________ Undivided p r o fit s __ ___ Total capital accounts_$ 39,880.19  12.500.00 20.500.00 6,880.19  Demand deposits ______ Time deposits ________ Public funds ___ _ _ Total d e p ._$ 329,647.10  272,391.36 23,997.71 33,258.12  Other liabilities________  54.13  Total  _____________  $ 369,581.51  MERCHANTS AND PLANTERS BANK, NEWPORT Population 6,254. Chartered March 20, 1946.  Jackson County  Telephone Number 225.  Officers P. L. Copeland____________ President L. H. Conditt------------Exec. Vice Pres. A. G. Johnston—Vice Pres. & Cashier Ada Marie Mink_______Asst. Cashier Ellen Giles____________Asst. Cashier  Transit Number 81-756  Directors R. C. Biggadike W. A. McCartney D. H. Burton Ralph McDonald P. L. Copeland Leonidas Mack R. G. Holden Fred M. Pickens', Jr Paul K. Holmes, Jr.  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,237,024.11 U. S. Gov’t obligations __ 606,116.00 Other bonds and securities 198,121.28 Furniture and fixtures_ 12,855.51 Cash and due from banks 1,077,913.76  T o ta l_________________ $3,132,030.66  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s to c k --------------- $ 75,000.00 Surplus f u n d ---------------100,000.00 Undivided p r o fits --------38,707.06 Reserves ---------------------23,324.81 Total capital accounts_$ 237,031.87 Demand deposits_______ 2,020,228.07 Time deposits _________ 273,240.20 U. S. Gov’t deposits___ 25,328.11 Public fu n d s___________ 417,279.18 Deposits of b a n k s _____ 158,923.23 Total d e p ._$2,894,998.79 T o ta l_________________ $3,132,030.66  88  State of Arkansas:  Bank Department  THE TWIN CITY BANK, NORTH LITTLE ROCK Population 44,097. Chartered March 21, 1935.  Pulaski County  Telephone Number 5-5361.  Transit Number 81-54  Officers Directors Henry O. Topf---------^_____ President R. J. Rice J. E. Wright R. J. Rice-------Vice Pres. & Cashier Henry O. Topf Ray Clifton____________________ Asst.Cashier J. Grayson Dickson___Asst. Cashier C. H. Fuller----------------------------- Asst.Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,726,948.20 U. S. Gov’t obligations_ 4,690,205.63 Other bonds and securities 140,527.98 Furniture and fixtures_ 20,000.00 Banking h ou se_________ 21,000.00 Cash and due from banks1 2,186,469.86  Liabilities Capital s t o c k __________ $ 150,000.00 Surplus fu n d ___________ 150,000.00 Undivided p r o fits ______ 145,310.38 Total capital accounts_$ 445,310.38 Demand deposits________ 5,911,115.66 Time deposits__________ 1,056,002.39 Public fu n d s ___________ 1,372,527.54 Total dep. __$8,339,645.59 Other liabilities________  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $8,785,151.67  Total  195.70 $8,785,151.67  89  Thirty-Ninth Report  MISSISSIPPI COUNTY BANK, OSCEOLA Population 5,006.  Mississippi County  Chartered March 15, 1928. Telephone Number 500. Officers  G. H. Florida___Chairman of Board C. B. Wood_______________ President H. F. Ohlendorf_____ Vice President J. W. F a rr is __________________ ------------Ex. Vice Pres1. & Cashier C. L. Anderson, Jr____ Asst. Cashier Nora Wise____________ Asst. Cashier Bill Landrum__________ Asst. Cashier Mary E. Balloue_______ Asst. Cashier Thos. P. Florida__Secretary  Transit Number 81-387 Directors  R. C. J. W. G. H. Thos.  Branch Farris Florida P. Florida  A. Liverant H. F. Ohlendorf C. B. Wood  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $2,590,723.45 Overdrafts ____________ 402.58 U. S. Gov’t obligations_ 31,000.00 Other bonds and securities 182,444.40 Furniture and fixtures_ 18,176.25 Banking h ou se_________ 1.00 Cash and due from banks 1,396,789.72 Other resources________ 1,764.84  Capital s to c k __________ $ 200,000.00 Surplus fu n d ___________ 200,000.00 Undivided p r o fits ______ 110,205.40 Total capital accounts1_$ 510,205.40  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $4,221,302.24  Demand deposits_______ 2,771,903.55 Time deposits__________ 549,385.03 U. S. Gov’t deposits___ 28,518.37 Public fu n d s___________ 286,289.89 Deposits of banks--------75,000.00 Total dep. __$3,711,096.84 Total  $4,221,302.24  90  State of Arkansas:  Bank Department  THE PLANTERS BANK, OSCEOLA Population 5,006. Chartered April 13, 1944.  Mississippi County,  Telephone Number 400.  Officers Joe T. Cromer------------------ President C. E. Dean Ex. Vice Pres. & Cashier J. F. Herndon--------------- Asst. Cashier  R. C. Bryan J. T. Cromer C. E. Dean  Transit Number 81-745 Directors Nathan Weinberg L. C. B. Young  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,175,782.38 U. S. Gov’t obligations_ 460,906.25 Other bonds and securities 93,643.78 5,955.88 Furniture and fixtures_ Banking h ou se_________ 10,000.00 Cash and due from banks 1,264,743.53  Liabilities Capital s to c k __________ $ 75,000.00 Surplus fu n d ___________ 125,000.00 Undivided p r o fit s ______ 55,241.36 Reserves ________________ 31,295.92 Total capital accounts_$ 286,537.28 Demand deposits_______ 1,854,374.38 Time d ep osits_________ 579,157.40 U. S. Gov’t deposits___ 11,604.97 Public fu n d s___________ 279,357.79 Total dep. __$2,724,494.54  T o ta l________________ $3,011,031.82  T otal________________ $3,011,031.82  BANK OF OZARK, OZARK Population 1,757. Chartered June 9, 1937.  Franklin County  Telephone Number 28.  Officers W. A. Hudspeth___________ President W. A. Hudspeth, Jr----- Vice President Don Smith__________________ Cashier  Transit Number 81-727  Directors W. A. Hudspeth Jeta Taylor Frank N. Johnston Romie Wilson  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 406,879.08 Overdrafts ____________ 361.17 U. S. Gov’t obligations_ 1,104,007.20 Banking h ou se ------------1,250.00 Cash and due from banks 345,767.28  Liabilities Capital stock _________$ Surplus f u n d ___ ______ Undivided profits ____ Total capital accounts_$ 120,847.60  25,000.00 75,000.00 20,847.60  Demand deposits _ 1,625,134.51 Public fu n d s___ ___ 100,137.24 Deposits of banks ___ 10,000.00 Total dep. __$1,735,271.75 Other liabilities__ ____ Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,858,264.73  Total  2,145.38 $1,858,264.73  91  Thirty-Ninth Report  THE SECURITY BANK & TRUST COMPANY, PARAGOULB Population 9,668. Greene County Chartered February 5, 1931. Telephone Number 782. Transit Number 81-82 Officers Directors James W. Alexander_______President James W. Alexander S. P. McHaney L. G. Staub S. P. McHaney_____ Vice President E. R. Browning Ike Willcockson E. R. Browning_Vice Pres. & Cashier J. A. Hancock J. E. Winn Scott Noel___________Asst. Cashier R. V. McCoy Mary Bynum________ Asst. Cashier Reba Neely_________ Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,197,482.95 Overdrafts ____________ 242.12 U. S. Gov’t obligations_ 1,103,492.00 Other bonds and securities 331,389.51 Furniture and fixtures_ 4,754.42 Banking house ________ 10,000.00 Cash and due from banks 1,028,326.79  Liabilities Capital s to c k __________ $ 100,000.00 100,000.00 Surplus f u n d __________ Undivided p r o fits ______ 152,443.65 Reserves ______________ 10,000.00 Total capital accounts_$ 362,443.65 Demand deposits _______ 2,213,131.12 Time d ep osits_________ 743,615.38 U. S. Gov’t deposits___ 18,687.20 Public funds __________ 335,972.94 Total dep._$3,311,406.64 Other liabilities________  T ota l________________ $3,675,687.79  1,837.50  T otal________________ $3,675,687.79  BANK OF PARKDALE, PARKDALE Population 385. Ashley County Chartered February 1, 1910. Telephone Number 2181. Transit Number 81-416 O ffiP A fG  J. A. J. H. J. P. James  Williams____________ President Caldwell______ Vice President Caldwell______________ Cashier B. Hill__________Asst. Cashier  T lir A p ih ifG  J. H. Caldwell J. P. Caldwell  J. A. Williams  STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts___ $ 220,953.51 O v erd ra fts___ __ 376.80 U. S. Gov’t obligations_ 238,940.08 Furniture and fixtures_ 1,252.63 Cash and due from banks 104,583.46  Liabilities  Capital stock _$ Surplus f u n d _______ Undivided p r o fits ____ Reserves __ _ Total capital accounts_$ 84,927.91 Demand deposits __ Time deposits _ __ U. S. Gov’t deposits___ Public funds _ Time dep._$ 481,178.57  T otal___ ____________ $ 566,106.48   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Total _  _  ___ $  30.000. 00 20.000.00 32,927.91 2,000.00  417,918.41 31,287.85 4,365.60 27,606.71  566,106.48  92  State of Arkansas:  Bank Department  FIRST STATE BANK, PARKIN Population 1,414. Chartered June 5, 1925.  Cross County  Telephone Number 5-5401.  Officers H. L. Coldren____________ President Mrs. G. D. Carter___ Exec. Vice Pres. F. E. Brenner________Vice President S. N. Green________________ Cashier Mrs. A1 Jean Crook_Asst. Cashier  Transit Number 81-676  Directors F. E. Brenner H. L. Coldren Fred E. Brenner, Jr. H. L. Coldren, Jr. Mrs. G. D. Carter N. E. Thomas  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 598,213.57 179.40 Overdrafts_____________ U. S. Gov’t obligations_ 159,065.93 Other bonds and securities 15,282.72 Furniture and fixtures_ 12.938.00 Banking h o u se _________ 32.048.00 Cash and due from banks 239,112.96 Other resourced ________ 754.12  Liabilities Capital s t o c k --------------- $ Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 142,446.76 Demand deposits ______ Time deposits _________ U> S. Gov’t deposits___ Public funds __________ Total d e p ._$ 909,521.64  734,934.59 83,128.50 8,087.57 83,370.98 5,626.30  Other liabilities T o t a l________________ $1,057,594.70  Total  50,000.00 50,000.00 41,146.76 1,300.00  $1,057,594.70  BANK OF PEA RIDGE, PEA RIDGE Population 268. Chartered May 6, 1911.  Benton County  Telephone Number 10.  Officers W. T. Patterson__________President Hugh H. Webb_Vice Pres. & Cashier Alvin Armstrong______Asst. Cashier  Transit Number 81-468  Directors W. T. Patterson Nell I. Webb Hugh H. Webb  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 161,243.84 Overdrafts _________ _ 165.76 U. S. Gov’t obligations_ 60,037.54 Furniture and fixtures_ 1,400.00 Banking house ________ 400.00 Cash and due from banks 121,749.46  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 344,996.60  Liabilities Capital s t o c k ___ ______ $ Surplus fund ______ _ Undivided p r o f it s _____ Reserves _____________ Total capital accounts_$ 88,343.60  25,000.00 25,000.00 28,343.60 10,000.00  Demand deposits ______ Time d e p o s its ___ ___ Public funds ______ Total dep. __$ 256,653.00  208,826.47 15,612.47 32,214.06  Total  $ 344,996.60  Thirty-Ninth Report  93  THE PERRY COUNTY BANK, PERRYYILLE Population 674.  Perry County  Chartered December 8, 1945. Telephone Number 24. D. 0. B. J. H. E. J. H.  Officers Thomas_____________President Suffridge_______Vice President Van Dalsem___________ Cashier Moore___________ Asst. Cashier  Transit Number 81-752  Directors J. D. Farish D. 0 . Thomas L. E. Jones H. E. Van Dalsem Joseph B. Lipsmeyer Paul Van Dalsem B. J. Suffridge  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 138,618.80 U. S. Gov’t obligations_ 191,000.00 3,622.59 Other bonds and securities 2,463.77 Furniture and fixtures_ Banking house _ _____ 11,764.97 Cash and due from banks 201,802.07  Liabilities Capital stock__________ $ Surplus fund_____ Undivided profits____ __ Total capital accounts_$ 55,982.36  25,000.00 5,000.00 25,982.36  Demand deposits_ Public funds _______ Total d ep ._$ 493,030.57  387,623.94 105,406.63  Other liabilities T otal________________ $ 549,272.20  Total _  259.27 _  ______ $ 549,272.20  PIGGOTT STATE BANK, PIGGOTT Population 2,558. Chartered March 10, 1930. V. T. T. J.  C. W. W. W.  Clay County  Telephone Number 71.  Officers Wright_____________ President Leggett__ Exec. Vice President Leggett, Jr____________Cashier Harris__________Asst. Cashier  Transit Number 81-698  Directors J. W. Hamilton H. C. Robbins T. W. Leggett John Staples T. W. Leggett, Jr. V. C. Wright G. W. Reves  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ !|! 593,795.29 U. S. Gov’t obligations_ 1,061,149.50 Other bonds and securities 205,987.90 Furniture and fixtures_ 6,501.00 Banking house__________ 6,000.00 Cash and due from banks 379,818.51 Other resources_________ .83  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital stock___________ ! Surplus f u n d __________ Undivided profits_______ Reserves ______________ Total capital accounts_$ 259,114.69  50.000. 00 50.000.00 84,114.69 75.000. 00  Demand deposits_______ 1,438,617.54 Time deposits__________ 77,909.73 U. S. Gov’t deposits___ 10,804.54 Public fu n d s ----------------- 446,806.53 Deposits of banks______ 20,000.00 Total dep.___$l,994,138.34 $2,253,253.03  Total  $2,253,253.03  94  State of Arkansas:  Bank Department  FIRST STATE BANK, PLAINVIEW Population 637. Yell County Chartered January 12, 1934. Telephone Number 051. Transit Number 81-234 Officers Directors M. A. Vandover__________ President Bill Aikman C. B. Law Donald Barger________Vice President Donald Barger J. C. Morse Winfre4 H opp er____________ Cashier Eric Caviness M. A. Vandover Flora Keener--------------- Asst. Cashier Willie Caviness STATEMENT OF JUNE 30, 1953 Resources Liabilities Loans and discounts___ $ 253,111.87 Capital s to c k _____ !___ $ 40,000.00 Overdrafts_____________ 6,992.02 Surplus fund __________ 20,000.00 U. S. Gov’t obligations_ 638,900.00 Undivided p r o fits ______ 101,269.92 Other bonds and securities 70,875.22 Reserves_______________ 5,000.00 Furniture and fixtures_ 81.00 Total capital Banking house_________ 1.00 accounts_$ 166,269.92 Other real estate___ 1.00 Cash and due from banks 231,497.33 Demand deposits________ 866,121.43 Time d eposits_________ 63,625.19 U. S. Gov’t deposits_____ 458.27 Public fu n d s___________ 104,984.63 Total d e p ._$1,035,189.52 Tofral  $1,201,459.44  Total  $1,201,459.44  BANK OF POCAHONTAS, POCAHONTAS Population 3,840. Randolph County Chartered October 31, 1903. Telephone Number 36. Transit Number 81-297 Officers Directors Dr. J. W. Brown__________ President F. E. Belford Dr. J. W. Brown R. R. Hosey___ Exec. Vice President Harry A. Belford R. R. Hosey Tom Bigger_________ Vice President Tom Bigger F. E. Belford________ Vice President Harry A. Belford___________ Cashier Joe T. Wilson_________ Asst. Cashier G. B. Johnson_________ Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Liabilities Loans and discounts___ $1,036,057.55 Capital s to c k --------------- $ U. S. Gov’t obligations __ 1,295,600.00 Surplus f u n d ---------------Other bonds and securities 154,577.80 Undivided profits --------Furniture and fixtures_ 5,000.00 Reserves ----------------------Cash and due from banks 558,088.70 Total capital accounts._$ 239,403.21  75,000.00 75,000.00 84,243.70 5,159.51  Demand deposits_______ 2,270,861.38 Time deposits__________ 334,656.08 U. S. Gov’t deposits _ 19,024.17 Public fu n d s___________ 171,389.87 Deposits of ban ks______ 13,989.34 Total dep. —$2,809,920.84 T o t a l_________________ $3,049,324.05  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  T o ta l_________________ $3,049,324.05  95  Thirty-Ninth Report  THE PEOPLES BANK, PORTLAND Population 517.  Ashley County  Chartered January 22, 1908. Telephone Number 2961. Transit Number 81-248 Officers Victor Edwards____________President Mrs. Mary Dean Pugh--------------_________________ Vice President Lawrence Peebles____________ Cashier Craig Shackleford____ Asst. Cashier  Directors George M. Brown Leroy Naff Victor Edwards Mrs. Mary D. Pugh E. D. Gregory Craig Shackleford  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 186,836.50 Overdrafts ____________ 754.33 U. S. Gov’t obligations_ 257,687.00 Furniture and fixtures_ 126.51 Cash and due from banks 117,729.32  T ota l________________ $ 563,133.66  Liabilities Capital s t o c k __________ $ Surplus fund __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 95,858.54  25,000.00 50,000.00 17,458.54 3,400.00  Demand deposits_______ Time deposits__________ U. S. Gov’t deposits___ Public fu n d s___________ Total dep. 467,275.12  370,172.20 55,636.51 4,371.06 37,095.35  T otal________________ $ 563,133.66  PORTLAND BANK, PORTLAND Population 517. Chartered April 23, 1900.  Ashley County  Telephone Number 2361.  Officers Gus Pugh________________ President R. B. Newcome, Jr------ Vice President C. E. Larrison______________ Cashier K. Thornton___________ Asst. Cashier  Transit Number 81-247  Directors R. B. Newcome, Jr. Gus Pugh Felix Pugh  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts----- $ 301,951.24 U, S. Gov’t obligations __ 515,064.90 23,080.00 Other bonds and securities 5,667.32 Furniture and fixtures_ Banking h ou se_________ 2,974.60 1.00 Other real es ta te ______ Cash and due from banks 453,779.28 1.00 Other resources________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,302,519.34  Liabilities Capital s to c k __________ $ 20,000.00 Surplus f u n d __________ 80,000.00 Undivided p r o fits ______ 114,164.18 Total capital accounts_$ 214,164.18 Demand deposits ______ 970,878.38 Time deposits____________ 97,467.10 Public fu n d s___ _________ 20,009.68 Total dep. __$1,088,355.16 Total  $1,302,519.34  State of Arkansas:  96  Bank Department  CITIZENS BANK, POTTSVILLE Population 224.  Pope County  Chartered August 13, 1913. Telephone Number 2431. Transit Number 81-551 Officers  Directors  Morton Rankin______ ____ President Kenneth E. Owens___ Vice President G. C. Owens ___ _____ . .Cashier  Kenneth E. Owens G. C. Owens  Morton Rankin  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $ O v erd ra fts___________ U. S. Gov’t obligations — Other bonds and securities Furniture and fixtures_ ____ Banking house Cash and due from banks Other resources _ _  Total  _  98,743.45 179.96 61,500.00 401.00 1.00 1.00 72,561.05 124.00  _$ 233,511.46  Capital s to c k __________ $ Surplus fu n d ___________ Undivided profits _ _ Total capital accounts_$ 35,317.91  25,000.00 2,500.00 7,817.91  Demand deposits_ U. S. Gov’t deposits___ Public funds ____ _ Total d ep ._$ 198,193.55  169,315.30 4,159.86 24,718.39  Total _  _________ __ $ 233,511.46  THE FARMERS AND MERCHANTS BANK, PRAIRIE GROVE Population 939. Chartered August 29, 1904.  Washington County  Telephone Number 95.  Transit Number 81-256  Officers Directors D. E. Rieff__ President and Cashier W. H. Bartholomew W. E. N. Phillips W. E. N. P h illips__ Vice President Dr. W. H. Mock D. E. Rieff Wilford Thompson___ Asst. Cashier J. C. Parks Lorene Jones__________ Asst. Cashier Mrs. Geraldine Parks_Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts_____________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  717,379.61 79.69 181,800.00 200,664.65  1.00  Liabilities Capital s t o c k __________ $ 30,000.00 Surplus f u n d __________ 30,000.00 Undivided1 p r o f it s ______ 110,339.46 Total capital accounts__$ 170,339.46  1,000.00  459,996.31  $1,560,921.26  Demand deposits ______ Time deposits _________ U. S. Gov’t deposits____ Public funds __________ Total dep. _ .$1,390,581.80 Total  995,549.10 226,454.85 16,517.26 152,060.59  .$1,560,921.26  97  Thirty-Ninth Report  BANK OF PRESCOTT, PRESCOTT Population 3,960. Chartered August 10, 1904.  Nevada County  Telephone Number 206.  Officers  Transit Number 81-140 Directors  F. J. White______________President W. R. Hambright____ Vice President Wren Scott___________ Vice President C. D. McSwain_____________Cashier J. A. Yancey__________Asst. Cashier  D. K. Bemis T. M. Bemis W. R. Hambright Olen Hendrix  Dr. A. W. Hudson C. D. McSwain Wren Scott Fred J. WJ^te  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $ 921,489.50 4.91 Overdrafts ____________ U. S. Gov’t obligations_1,210,156.25 Other bonds and securities 823,350.61 Furniture and fixtures_ 10,500.00 Banking house ________ 6,600.00 Cash and due from banks 769,354.99 4,285.83 Other resources________  Capital s t o c k __________ $ 100,000.00 Surplus f u n d __________ 100,000.00 Undivided p r o fit s ______ 70,640.96 Reserves ______________ 6,816.08 Total capital accounts_$ 277,457.04  T o ta l________________ $3,745,742.09  Demand deposits ______ 2,657,311.21 Time deposits _________ 108,126.05 U. S. Gov’t deposits___ 133,920.85 558,602.31 Public funds __________ Deposits of banks______ 10,324.63 Total dep. __$3,468,285.05 T o ta l________________ $3,745,742.09  BANK OF QUITMAN, QUITMAN Population 345. Chartered August 15, 1903.  Cleburne County  Telephone Number 2401.  Officers  Transit Number 81-424 Directors  Ben. F. Clark..___________ President W. H. McNair________Vice President N. H. Tarver______________ Cashier Edith Ellis____________ Asst. Cashier  J. A. Bailey Ben F. Clark Edith Ellis  W. H. McNair N. H. Tarver  STATEMENT OF JUNE 30, 1953 Liabilities  Resources  Loans and discounts___ | 197,695.74 251.83 Overdrafts ____________ U. S. Gov’t obligations_ 325,000.00 89,842.50 Other bonds and securities Furniture and fixtures_ 1.00 Banking house ________ 1.00 Cash and due from banks 195,992.30  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 808,784.37  Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 90,127.20 Demand deposits ______ Time deposits _________ Public funds __________ Total dep. 718,657.17 Total  25.000. 00 25.000. 00 40,127.20  636,089.97 45,723.75 36,843.45  .$ 808,784.37  98  State of Arkansas:  Bank Department  THE BANK OF RECTOR, RECTOR Population 1,855. Clay County Chartered November 15, 1930. Telephone Number 3491. Transit Number81-173 Officers Directors J. C. Hardin_______________ President J. C. Hardin J. A. Marlar E. M. Purcell J. A. Marlar__ Exec. Vice President T. C. Justus E. M. Purcell_______ Vice President O. A. Harper_______________Cashier Bema •Jell-Gogue__ I__ Asst. Cashier B. J. Ford___________ Asst. Cashier Mary Lee Hill_________ Asst. Cashier STATEMENT OF JUNE 30, 1953 , Resources Liabilities Loans and discounts___ $1,226,052.71 Capital stoclc--------------- $ U. S. Gov’t obligations_ 222,000.00 Surplus f u n d ---------------Other bonds and securities 196,799.96 Undivided p r o fits ---------17,779.02 Reserves ----------------------Furniture and fixtures_ Cash and due from banks 311,311.35 Total capital Other resources________ 2,000.00 accounts_$ . 198,605.31  50,000.00 75,000.00 17,755.31 55,850.00  Demand deposits_______ 1,339,975.89 121,831.33 Time deposits__________ U. S. Gov’t deposits___ 6,078.04 Public fu n d s ___________ 169,452.47 Total dep. —$1,637,337.73 Bills P a ya ble__________ Total  $1,975,943.04  Total  140,000.00 $1,975,943.04  FARMERS AND MERCHANTS BANK, REYNO Population 292. Randolph County Chartered December 8, 1911. Telephone Number 9705-Jl. Transit Number 81-427 Officers Directors F. E. Belford_____________President F. E. Belford Glenn Brown Glenn Brown__________Vice President Freda M. Brown Freda M. Brown_____________ Cashier Muriel Butler_________ Asst. Cashier Otistean Ahrent_______ Asst. Cashier STATEMENT OF Resources Loans and discounts----- $ 238,729.89 699.12 Overdrafts ____________ U. S; Gov’t obligations __ 200,000.00 Other bonds and securities 5,080.00 Furniture and fixtures_ 1,500.00 Cash and due from banks 142,130.74  T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 588,139.75  JUNE 30, 1953 Liabilities Capital s t o c k __________$ Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts—$ 55,928.70  25,000.00 5,000.00 5,928.70 20,000.00  Demand deposits ______ U. S. Gov’t deposits___ Public fu n d s ___________ Total dep. __$ 532,211.05  407,630.31 2,154.53 122,426.21  Total  $ 588,139.75  99  Thirty-Ninth Report  THE BANK OF RISON, RISON Population 953. Chartered March 7, 1932.  Cleveland County  Telephone Number 48.  Officers Leon Moore----------------------- President B. W. Thomasson____ Vice President Herman Davidson________Vice Pres. & Cashier Hazel Smith---------------- Asst. Cashier  Transit Number 81-428  Directors Herman Davidson J. E. McCoy J. E. Goggans Max M. Smith James L. Moore B. W. Thomasson Leon Moore  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 212,360.17 U. S. Gov’t obligations_ 594,080.61 Other bonds and securities 31,694.20 Furniture and fixtures_ 3,250.00 Banking h ou se_________ 900.00 Other real es ta te ______ 9.00 Cash and due from banks 268,828.59 Other resources__ _____ 283.50  Total  $1,111,406.07  Liabilities Capital s t o c k __________! Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 149,807.09 Demand deposits ______ Time deposits _________ U. S. Gov’t deposits___ Public funds __________ Total d ep ._$ 961,598.98 Total  25.000. 00 25.000. 00 82,917.43 16,889.66  695,319.17 139,020.07 485.18 126,774.56  $1,111,406.07  THE BANK OF RUSSELLVILLE, RUSSELLVILLE Population 8,166. Chartered December 23, 1897.  Pope County  Telephone Number 16.  Officers Geo. S. Neal______________ President M. J. Hickey_______________ Cashier Robert H. Parker_____ Asst. Cashier Geo. H. Neal__________Asst. Cashier  Transit Number 81-119  Directors E. C. Bradley Geo. S. Neal M. J. Hickey Floyd Ragsdale A. J. Mathews C. M. Richmond Geo. H. Neal  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,694,363.75 U. S. Gov’t obligations_ 1,126,208.53 Other bonds and securities 281,916.24 Furniture and fixtures_ 7,500.00 Banking h ou se_________ 25,000.00 Other real e s ta te ______ 6.00 Cash and due from banks 1,271,882.48 Other resources________ 1,230.00  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $4,408,107.00  Liabilities Capital s t o c k __________ $ 100,000.00 Surplus f u n d __________ 20,000.00 Undivided p r o fit s ______ 398,775.02 Total capital accounts_$ 518,775.02 Demand deposits ______ 2,605,945.91 Time deposits__________ 1,005,923.47 U. S. Gov’t deposits___ 41,757.57 Public funds __________ 225,483.93 Deposits of ban k s______ 10,221.10 Total dep. —$3,889,331.98 Total  $4,408,107.00  100  State of Arkansas:  Bank Department  PEOPLES EXCHANGE BANK, RUSSELLVILLE Population 8,166. Pope County •Chartered March 24, 1890. Telephone Number 12. Transit Number 81-118 Officers  Donald Barger--------------------President C. E. Lemley------------Vice President John T. Little---------------------- Cashier Hazel G. Little------------Asst. Cashier Bert Mullens__________Asst. Cashier  Directors  Donald Barger Lee Cheek G. M. Cook L. Gardner  Chas. M. Howell Ike A. Laws J. Madison White Hence Priddy  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts.___ $1,289,501.44 Capital s t o c k __________ $ 100,000.00 U. S. Gov’t obligations_ 1,310,862.92 Surplus fund ____ ____ 20,000.00 Other bonds and securities 414,804.55 Undivided p r o fits __________________ 296,408.75 Furniture and fixtures __ 7,600.00 Total capital Banking house ____ ___ 14,000.00 accounts_$ 416,408.75 -----------------------Other real es ta te ______ 1.00 Gash and due from banks 1,406,728.28 Demand deposits ______ 2,850,146.77 Time deposits__________ 897,588.39 U. S. Gov’t deposits___ 29,670.74 Public funds __________ 166,497.05 Deposits of banks__________________ 83,186.49 Total d e p ._$4,027,089.44 T o ta l________________ $4,443,498.19  T o ta l____________ $4,443,498.19  BANK OF SALEM, SALEM Population 687. Fulton County Chartered December 9, 1908. Telephone Number 8. Transit Number 81-430 Officers Directors Rex Castleberry___________President Fay Castleberry H. J. Humphries Fay Castleberry__ Ex. Vice President Rex Castleberry Jim Humphries H. J. Humphries______ Vice President W. R. Castleberry Cuthbert Pickren______Vice President Lanis Ashley__________Vice President Jim Humphries______________ Cashier Corwin Mosey_________ Asst. Cashier W. R. Castleberry_____ Asst. Cashier STATEMENT OF Resources Loans and discounts___ $ 480,617.57 Overdrafts _!____________ 388.58 U. S. Gov’t obligations_ 462,500.00 Other bonds and securities 357.06 Furniture and fixtures_ 1,000.00 Cash and due from banks 461,931.45  T o t a l-------------------------- $1,406,794.66  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  JUNE 30, 1953 Liabilities Capital s t o c k __________ 3 Surplus fund __________ Undivided p r o fit s ______ Total capital accounts_$ 136,244.90  50.000. 00 50.000. 00 36,244.90  Demand deposits ______ 1,025,940.67 Time deposits__________ 170,157.30 U. S. Gov’t deposits___ 1,106.25 Public fu n d s __________ 73,345.54 Total dep. __$1,270,549.76 T o ta l-------------------------- $1,406,794.66  101  Thirty-Ninth Report  LOGAN COUNTY BANK, SCRANTON Population 283. Chartered April 7, 1926.  Logan County  Telephone Number 14.  Officers Prank Ahne_______________President Afton Mitchell________Vice President Joe Fritsche________________ Cashier  Frank Ahne Frank Drum Roy Drum Joe Fritsche  Transit Number 81-686 Directors J. B. Layes Ross Martin Afton Mitchell  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 204,824.74 Overdrafts_____________ 352.61 U. S. Gov’t obligations_ 390,158.50 Other bonds and securities 1,879.88 Furniture and fixtures_ 1.00 Banking h ou se_________ 100.00 Cash and due from banks 110,201.06  Liabilities Capital stock ________ $ Surplus f u n d __________ Undivided p r o fit s ______ Reserves ________________ Total capital accounts_$ 84,963.64  25,000.00 15,000.00 40,342.03 4,621.61  Demand deposits_______ 564,757.27 Time deposits _________ 33,178.41 U. S. Gov’t deposits___ 6,563.32 Public funds ____________ 18,055.15 Total dep. __$ 622,554.15 Total  .$ 707,517.79  Total  .$ 707,517.79  THE SEARCY BANK, SEARCY Population 6,024. Chartered May 1, 1943.  White County  Telephone Number 780.  Officers E. P. Pyeatt_______________ President Wayne W. Pyeatt_____Vice President Frank S. Leavitt.Vice Pres. & Cashier Marian Schwarz_______ Asst. Cashier L. W. Sutherlin_______ Asst. Cashier  Transit Number 81-154  Directors Cal Aclin Wayne W. Pyeatt Frank S. Leavitt Hubert Smith Thos. A. Watkins J. E. Lightle, Jr. E. P. Pyeatt  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,432,954.29 Overdrafts_____________ 15.36 U. S. Gov’t obligations_ 1,809,498.73 Other bonds and securities 633,916.58 Furniture and fixtures 8,014.24 Cash and due from banks 824,404.33 Other resources________ 191.22  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital stock _______ 5|5 100,000.00 100,000.00 _____ Surplus fund 183,446.43 Undivided p r o fits __ 20,995.14 Reserves _ ________ Total capital accounts_$ 404,441.57 3,390.159.83 Demand deposits U. S. Gov’t deposits___ 39,451.03 Public funds 867,713.63 Deposits of ban k s_7,228.69 Total d ep ._$4,304,553.18  $4,708,994.75  Total  $4,708,994.75  102  State of Arkansas:  Bank Department  SECURITY BANK, SEARCY Population 6,024. White County Chartered February 6, 1932. Telephone Number 1283. Transit Number 81-153 Officers Directors A. J. Stephens___________ President B. C. Huddleston H. M. Thompson E. O. Yancey__________ Vice President K. B. Rand Ray A. Yarnell F«. M. Twyford______________ Cashier J. W. Sanford E. O. Yancey Ralph Duncan__________Asst. Cashier A. J. Stephens Lucille Watson_______ Asst. Cashier W. O. Dobbins________ Asst. Cashier Kenneth Frank_______ Asst. Cashier STATEMENT OF Resources Loans and discounts___ $1,683,991.18 Overdrafts_____________ 6,244.46 U. S. Gov’t obligations_ 550,168.35 Other bonds and securities 542,309.55 Furniture and fixtures_ 12,950.00 Banking house ________ 2,001.00 Cash and due from banks 932,915.90 Other resources________ 1,130.00  Total  $3,731,710.44  JUNE 30, 1953 Liabilities Capital s t o c k __________$ 150,000.00 Surplus f u n d --------------150,000.00 Undivided p r o fit s ______ 61,749.63 Reserves ______________ 15,410.89 Total capital accounts_$ 377,160.52 Demand deposits_______ 2,564,949.42 U. S. Gov’t deposits___ 115,606.66 Public fu n d s ___________ 431,932.94 Deposits of ban k s______ 242,060.90 Total dep. _.$3,354,549.92 T o ta l________________ $3,731,710.44  GRANT COUNTY BANK, SHERIDAN Population 1,893. Grant County Chartered July 29, 1903. Telephone Number 84. Transit Number 81-432 Directors Officers A. L. Blakely D. E. McCoy J. A. McCoy_____________ President J. A. McCoy A. L. Blakely_________Vice President O. P. Cearley Coats A. Mitchell Coats A. Mitchell____________ Cashier O. R. Kelly Jessie Lee Mitchell____ Asst. Cashier C. A. McCoy STATEMENT OF JUNE 30, 1953 Resources Liabilities Loans and discounts___ $ 399,778.13 Capital s t o c k --------------- $ 50,000.00 U. S. Gov’t obligations __ 708,703.13 Surplus fund _-------------50,000.00 109,355.52 Other bonds and securities 89,584.29 Undivided p r o fit s --------Furniture and fixtures_ 10,909.50 Reserves ---------------------12,623.81 Banking h o u se _________ 29,349.44 Total capital Cash and due from banks 338,386.97 accounts—$ 221,979.33 Demand deposits_______ 1,171,868.48 Time deposits__________ 68,675.33 U. S. Gov’t deposits___ 5,465.00 Public fu n d s ___________ 107,489.11 Deposits of ban k s______ 1,234.21 Total dep. _.$1,354,732.13 Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,576,711.46  Total  $1,576,711.46  103  Thirty-Ninth Report  BANK OF SHERRILL, SHERRILL Population 263.  Jefferson County  Chartered August 13, 1913.  Transit Number 81-556  Telephone Number Altheimer 6-2714. Officers R. P. Cratin_____________ President Ben L. Rogers________Vice President E. H. Guyer_______________ Cashier Odus H. LeMay________Asst. Cashier  J. M. Barrett E. L. Burgess R. P. Cratin  Directors E. H. Guyer Ben L. Rogers  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ f U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures _ Banking house ________ Cash and due from banks  Total  Liabilities 312,483.99 Capital s t o c k __________ $ 25,000.00 261,082.60 Surplus f u n d __________ 25,000.00 67,250.00 Undivided p r o fit s ______ 18,313.55 1,797.50 Total capital 2,500.00 accounts_$ 68,313.55 152,420.69 ------------------Demand deposits ______ 543,791.94 Time deposits _________ 90,572.39 Public funds __________ 94,856.90 Total d e p ._$ 729.221.23  .$ 797,534.78  Total  .$ 797,534.78  BANK OF SIDNEY, SIDNEY Population 120.  Sharp County  Chartered September 23, 1912. Officers O. S. Westmoreland_______ President Thomas A. Bone_____ Vice President R. C. Pounders______________ Cashier Atalee Pounders_____Asst. Cashier  Transit Number 81-522 Directors Thomas A. Bone O. S. Westmoreland R. C. Pounders  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! Overdrafts ____________ U. S. Gov’t obligations_ Furniture and fixtures_ Banking house ________ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities 5,000.00 8,199.23 Capital s t o c k __________ $ 1.63 Surplus f u n d __________ 6,000.00 251,000.00 Undivided p r o fit s ______ 6,035.20 1.00 Total capital 1.00 accounts_$ 17,035.20 108,948.63 ------------------Demand deposits ______ 350,192.62 Public funds __________ 923.67 Total dep. 351,116.29  .$ 368,151.49  Total  .$ 368,151.49  104  State of Arkansas:  Bank Department  BRATT-WASSON BANK, SILOAM SPRINGS Population 3,270. Benton County Chartered April 8, 1932. Telephone Number 33. Transit Number 81-706 Officers Directors Marion Wasson----------------- President Sadie Monroe Vol Wasson Tom Whiteside—Vice Pres. & Cashier Elsie Sumner Tom Whiteside Sadie Monroe----------- Vice President Marion Wasson Vol Wasson-------------- Vice President Elsie Sumner_________ Asst. Cashier Arthur Melson_______ Asst. Cashier STATEMENT OF Resources Loans and discounts___ $ 768,246.00 789.65 Overdrafts -----------------U. S. Gov’t obligations_ 2,528,661.50 Other bonds and securities 265,251.49 Furniture and fixtures_ 24,914.70 Banking h ou se_________ 9,500.00 Cash and due from banks 845,112.29 10,183.27 Other resources________  $4,452,658.90  Total  JUNE 30, 1953 Liabilities Capital stock___________ $ 75,000.00 Surplus f u n d __________ 25,000.00 30,246.25 Undivided p r o fits ______ Reserves ______________ 110,475.34 Total capital accounts_$ 240,721.59 Demand deposits_______ 3,536,440.16 Time deposits__________ 490,053.27 U. S. Gov’t deposits___ 37,597.24 Public fu n d s___________ 147,846.64 Total dep. __$4,211,937.31 T ota l________________ $4,452,658.90  SMACKOVER STATE BANK, SMACKOVER Population 2,495. Union County Chartered April 18, 1928. Telephone Number 3051. Transit Number 81-654 Officers Directors J. E. Berry______________ President J. E. Berry Homer T. Rogers Max A. Mitcham______________ R. N. Manley L. E. Tennyson, Jr. ___________ Vice Pres. & Cashier Max A. Mitcham 7 W. H. White, Jr--------- Asst. Cashier Audna L. Ward_______ Asst. Cashier STATEMENT OF JUNE 30, 1953 Liabilities Resources Loans and discounts___ $ 614,027.78 Capital s t o c k __________ $ 50,000.00 U. S. Gov’t obligations_ 650,887.33 Surplus f u n d __________ 75,000.00 26,459.12 Other bonds and securities 242,623.57 Undivided p r o fits ______ Furniture and fixtures __ 10.350.00 Reserves ______________ 40,000.00 Banking h ou se_________ 12.500.00 Total capital Cash and due from banks 443,542.14 accounts_$ 191,459.12 Other resources ________ 3,352.26 ------------------Demand deposits_______ 1,327,624.20 Time deposits__________ 316,233.24 U. S. Gov’t deposits___ 71,615.98 Pubi c fu n d s___________ 70,096.64 To al dep. __$1,785,570.06 Other liabilities Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,977,283.08  Total  253.90 $1,977,283.08  105  Thirty-Ninth Report  CITIZENS BANK, SMITHYILLE Population 250.  Lawrence County  Chartered March 23, 1901.  Transit Number 81-434  Officers R. S. Rainwater__________ President A. M. Starr__________ Vice President Flynn Justus________________ Cashier Bonnie Perkins________Asst. Cashier  Directors Webster Perkins J. M. Raney R. S. Rainwater A. M. Starr Sloan Rainwater, Jr. Virginia Rainwater William Rainwater  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ Overdrafts_____________ U. S. Gov’t obligations — Other bonds and securities Furniture and fixtures — Banking hou se_________ Cash and due from banks  113,961.61 71.64 323,565.50 163,069.85 1,201.00 1.00 127,822.88  T otal________________ $ 729,693.48  Liabilities Capital s to c k __________ $ Surplus f u n d ---------------Undivided p r o fits ______ Total capital accounts_$ 95,285.34  ----------------  25,000.00 15,000.00 55,285.34  Demand deposits_______ Public fu n d s ___________ Total d ep ._$ 633,550.93  564,952.56 68,598.37  Other liabilities________  857.21  Total  729,693.48  MERCHANTS AND PLANTERS BANK, SPARKMAN Population 964. Chartered September 9, 1916.  Dallas County  Telephone Number 15.  Officers S. B. Horne_______________ President C. E. Hays_____Vice Pres. & Cashier  Transit Number 81-581  Directors Garland Gaston S. B. Horne John T. Gaston P H.. Taylor C. E. Hays  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 121,791.62 U, S. Gov’t obligations_ 602,000.00 Other bonds and securities 34,824.03 Furniture and fixtures_ 3,000.00 Banking hou se_________ 200.00 Cash and due from banks 522,410.51  Total _ _  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,284,226.16  Liabilities Capital s to c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Total capital accounts'_$ 71,119.08  20,000.00 24,000.00 27,119.08  Demand deposits_______ 1,088,641.09 Time deposits__________ 22,143.74 Public fu n d s ___________ 102,322.25 Total dep. __$1,213,107.08 Total  $1,284,226.16  106  State of Arkansas:  Bank Department  FIRST STATE BANK, SPRINGDALE Population 5,835. Washington County Chartered February 12, 1923. Telephone Number 681. Transit Number 81-856 Directors  Officers  SKelby Ford______________President J. T. Bain______Exec. Vice President R. E. Buck_________________ Cashier Alice Sigmon__________Asst. Cashier  J. T. Bain Shelby Ford C. L. George Tom Hargis L. E. Johnson Elmer Johnson  Dr. Friedman Sisco Joe M. Steele J. S. Watts A. P. Wilson  STATEMENT OF JUNE 30, 1953 Resources  Liabilities  Loans and discounts___ $1,494,421.59 U. S. Gov’t obligations_1,201,112.20 Other bonds and securities 421,044.93 Furniture and fixtures_ 14,482.90 Banking h ou se_________ 1.00 Cash and due from banks 1,220,506.11  Capital s t o c k __________ $ 125,000.00 Surplus f u n d __________ 75,000.00 Undivided p r o fits ______ 27,504.71 Reserves ______________ 130,590.28 Total capital accounts_$ 358,094.99 Demand deposits_______ 3,023,387.81 Time deposits__________ 714,436.41 U. S. Gov’t deposits___ 19,979.99 Public fu n d s ----------------- 235,669.53 Total d ep ._$3,993,473.74  T o ta l________________ $4,351,568.73  T o ta l________________ $4,351,568.73  BODCAW BANK, STAMPS Population 2,552. Lafayette County Chartered December 8, 1902. Telephone Number 3-4492. Transit Number 81-436 Officers  J. A. W. C. E.  C. P. R. C. C.  Directors  Cabe_______________ President A. P. Beasley Beasley______ Vice President W. R. Boney Boney_______ Vice President R. T. Boulware Russell______________ -Cashier J. C. Cabe Turner_________ Asst. Cashier  Sam Earle C. C. Russell A. O. Smith  STATEMENT OF JUNE 30, 1953 Liabilities  Resources  Loans and discounts___ 3 U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtu res_ Banking house ' ________ Other real estate______ Cash and due from banks Other resources ________  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  598,756.61 647,332.35 214,160.87 8,960.00 16,320.00 14.00 521,120.23 3,578.24  $2,010,242.30  Capital s t o c k __________ $ 50,000.00 Surplus f u n d __________ 50,000.00 Undivided p r o f it s ______ 200,553.81 Reserves ______________ 15,176.70 Total capital accounts_$ 315,730.51 Demand deposits ______ 1,215,858.85 Time deposits _________ 353,289.92 U. S. Gov’t deposits____ 10,193.05 Public fu n d s ___________ 115,169.97 Total dep. __$1,694,511.79 Total  $2,010,242.30  107  Thirty-Ninth R&port  BANK OF STAR CITY, STAR CITY Population 1,296. Chartered April 7, 1925.  Lincoln County  Telephone Number 57.  Officers W. R. Alsobrook__________President Clyde E. Fish_______ Vice President G. D. Smith :______ Vice President I. A. Chambers____________ Cashier  Transit Number 81-437  Directors Dr. H. B. Alsobrook Clyde E. Fish W. R. Alsobrook G. D. Smith I. A. Chambers  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks  Total  340.666.74 369.600.00 134.595.00 3,150.00 5,000.00 317.106.75  $1,170,118.49  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 165,362.82  50.000. 00 50.000.00 47,574.16 17,788.66  Demand deposits _______ Time d ep osits_________ Public funds ___________ Total dep. —$1,004,755.67  650,807.32 93,847.14 260,101.21  Total  $1,170,118.49  THE STEPHENS SECURITY BANK, STEPHENS Population 1,283.  Ouachita County  Chartered February 8, 1946. Telephone Number 3761. Transit Number 81-755 Officers Chas. T. Reveley_________ President James Smith_________ Vice President Floyd Bryan________________ Cashier Guy C. Pruitt_______ Asst. Cashier J. R. Smith____________ Asst. Cashier  Directors Floyd Bryan James Smith G. W. Haltom Joe J. Wade H. G. Heamsberger N. S. Yarbrougt Chas. T. Reveley  STATEMENT OF JUNE 30, 1953 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 _______  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  300,851.90 515,054.71 163,753.68 5,744.08 5,232.62 172,978.21 202.95  $1,163,818.15  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivided p r o fit s ______ Reserves ______________ Total capital accounts_$ 89,352.53 Demand deposits ______ Time deposits _________ U. S. Gov’t deposits___ Public fund's __________ Total dep. —$1,074,465.62 Total  50.000.  00  20 .000 .  00  8,821.20 10,531.33  876,669.22 94,280.97 5,148.99 98,366.44  $1,163,818.15  108  State of Arkansas:  Bank Department  CITIZENS BANK, STRONG Population 839.  Union County  Chartered January 19, 1931. Telephone Number 7-7361. Transit Number 81-441 Officers O. B. Clark______________ President J. E. Cooper_______ Vice President B. Finney__________________ Cashier Laura K. Robertson___ Asst. Cashier  J. C. Burgess O. B. Clark J. E. Cooper  Directors C. H. Lewis E. W. Smith  JUNE 30, 1953 Resources Loans and discounts___ $ 252,910.43 U. S. Gov’t obligations_ 454,700.00 Furniture and fixtures_ 2,229.50 Banking house ________ 1.00 Other real estate_______ 1.00 Cash and due from banks 288,272.42  T o t a l________________ $ 998,114.35  Liabilities Capital s t o c k __ _____ $ Surplus fund _ _____ Undivided profits ______ Total capital accounts_$ 136,434.69  25,000.00 25,000.00 86,434.69  Demand d e p o s its _ Time deposits _ _____ U. S. Gov’t deposits___ Public funds ____ ___ Total dep. 861,679.66  744,002.55 83,901.69 5,591.39 28,184.03  Total  _  __ $  998,114.35  THE FARMERS AND MERCHANTS BANK, STUTTGART Population 7,276.  Arkansas County  Chartered December 29, 1944. Telephone Number 2-1521. Transit Number 81-747 Officers G. H. Franzen_____________President J. C. Barnett_________ Vice President R. B. Curtis-------------- Vice President Edgar C. Diggs--------------------- Cashier Lela M. Curtis_________Asst. Cashier  Directors J. C. Barnett D. C. McDonald R. B. Curtis D. W. Tweedy G. H. Franzen Ralph Wilson Russell McCollum  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,394,332.75 Overdrafts____________ 22.61 U. S. Gov’t obligations_ 1,164,531.75 Other bonds and securities 403,905.40 Furniture and fixtures_ 12,794.73 Banking h ou se_________ 24,500.00 Cash and due from banks 658,925.80 Other resources________ 1,482.17  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $3,660,495.21  Liabilities Capital stock _ij5 75,000.00 150,000.00 Surplus fund Undivided profits _ 38,181.97 R e se r v e s __ _______ 22,389.29 Total capital accounts_$ 285,571.26 Demand deposits _ _ 2,802,196.09 361,799.52 Time deposits 15,867.54 U. S. Gov’t deposits___ Public funds _ 195,060.80 Total dep. __$3,374,923.95 Total  $3,660,495.21  Thirty-Ninth Report  109  CITIZENS BANK, TILLAR Population 239. Chartered July 28, 1913.  Drew County  Telephone Number 5.  Officers V. C. Harrell_____________President C. H. Kimbro_______ Vice President J. H. Kimbro_______________ Cashier  Transit Number 81-446  V. C. Harrell C. H. Kimbro  Directors J. H. Kimbro B. C. Prewitt  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ 5f 114,344.04 Overdrafts_____________ 4.76 U. S. Gov’t obligations_ 130,586.67 Other bonds and securities 80,304.80 Furniture and fixtures_ 1,338.00 Banking h ou se_________ 1.00 Cash and due from banks 129,260.40 474.72 Other resources ________  456,314.39  Liabilities Capital s t o c k ___ __ $ Surplus fund _____ Undivided profits _ Total capital accounts_$ 83,661.69 Demand deposits _______ Time deposits________ U. S. Gov’t deposits___ Public fu n d s __ __ _ Total dep. __$ 372,652.70 Total  _  25,000.00 50,000.00 8,661.69  267,926.67 29,478.84 5,922.77 69,324.42  _ $ 456,314.39  BANK OF TRUMANN, TRUMANN Population 3,744. Chartered October 26, 1911.  Poinsett County  Telephone Number 7.  Officers Geo. O. Campbell__________President Geo. B. Cash______ ___ Vice President M. T. Bym___________ Vice President Earl Yarbrough_____________ Cashier Clyde Robertson, Jr____ Asst. Cashier  Transit Number 81-488  Directors M. T. Byrn Norris C. Taylor Geo. 0. Campbell R. H. Taylor Geo. B. Cash Earl Yarbrough J. F. Lady  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,070,138.45 U. S. Gov’t obligations __ 178,000.00 Other bonds and securities 24,000.00 Furniture and fixtures — 4,000.00 Banking house ________ 13,000.00 Cash and due from banks 1,359,931.81  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities Capital s t o c k --------------^$ 100,000.00 Surplus fund ---------------110,000.00 Undivided p r o fit s ______ 45,611.19 Reserves ---------------------14,195.33 Total capital accounts—$ 269,806.52 Demand deposits ______ 2,107,338.77 Time deposits _________ 112,513.46 U. S. Gov’t deposits___ 11,550.00 Public fu n d s ___________ 147,861.51 Total d e p ._$2,379,263.74  $2,649,070.26  Total  ,$2,649,070.26  110  State of Arkansas:  Bank Department  BANK OF TUCKERMAN, TUCKERMAN Population 1,253. Chartered November 8, 1902.  Jackson County  Telephone Number 1.  Officers F. L. Penix______________ President O. B. Armstrong____ Vice President Van Smith__________________ Cashier Calvin Whitlow________Asst. Cashier  Transit Number 81-448  Directors O. B. Armstrong J. L. Parrott C. E. Harrison F. L. Penix R. 0. Norris Van Smith  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ I 623,908.36 U. S. Gov’t obligations_ 606,348.45 Other bonds and securities 10,250.00 Furniture and fixtures_ 7,389.41 Banking house ________ 3,000.00 Cash and due from banks 334,215.97 Other resources ________ 3,966.63  Total  $1,589,078.82  Liabilities Capital s t o c k __________ $ Surplus f u n d --------------Undivided p r o fit s ______ Total capital accounts_$ 119,250.70  25,000.00 35,000.00 59,250.70  Demand deposits_______ 1,195,646.42 Time deposits__________ 79,064.03 7,637.50 U. S. Gov’t deposits___ Public fu n d s ___________ 156,777.16 30,703.01 Deposits of banks______ Total d e p ._$1,469,828.12 Total  $1,589,078.82  TYRONZA BANK, TYRONZA Population 656. Chartered October 1, 1951.  Poinsett County  Telephone Number 3121.  Officers R. A. Lynch______________ President D. F. Wylie___________ Vice President Ernestine Sanders-----------------Cashier  Transit Number 81-770  Directors C. M. Beley H. F. Norcross John H. Emrich D. F. Wylie R. A. Lynch  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 185,802.59 U. S. Gov’t obligations_ 327,897.13 Other bonds and securities 5,935.40 Furniture and fixtures_ 2,888.72 Banking h ou se------------1,388.64 Cash and due from banks 122,189.33  Liabilities Capital s t o c k __________ ! Surplus f u n d __________ Undivdied p r o fit s ______ Total capital accounts_$ 87,585.37 Demand deposits_______ U. S. Gov’t deposits___ Public fu n d s ___________ Total dep. __$ 558,516.44  T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 646,101.81  Total  50.000. 00 15.000.00 22,585.37  477,025.97 3,193.75 78,296.72  .$ 646,101.81  111  Thirty-Ninth Report  CITIZENS BANK AND TRUST COMPANY, VAN BUREN Population 6,413. Chartered December 20, 1910.  Crawford County  Telephone Number 5.  Officers David T. Bryan----- ------------- President Robert W, Geliy---------Vice President Prank D. Pape----------------------- Cashier John V. Burrough______Asst. Cashier  Transit Number 81-101  Directors David T. Bryan Robert W. Geliy Harry W. Bryan Joe C. McKinney John V. Burrough Frank D. Pape  STATEMENT OF JUNE 30, 1953 Resources  Loans and discounts___ $ 181,461.67 U. S. Gov’t obligations_ 1,496,774.50 Other bonds and securities 344,857.62 Banking house ________ 7,500.00 Other real es ta te ______ 1.00 Cash and due from banks 430,324.69  Liabilities Capital stock $ 50,000.00 Surplus fund ____ 50,000.00 Undivided profits 112,316.73 R eserv es___ 8,685.03 Total capital _ accounts_$ 221,001.76 Demand d e p o s its _ 1,665,835.05 Time deposits 359,989.30 Public funds _ 214,093.37 Total dep.__$2,239,917.72  Total________________ $2,460,919.48  Total  $2,460,919.48  PEOPLES BANK AND TRUST COMPANY, VAN BUREN Population 6,413. Chartered August 12, 1933.  Crawford County  Telephone Number 208.  Officers J. J. Izard________________ President C. E. Izard___________Vice President Dell Miller_________________ Cashier Stewart Condren______Asst. Cashier  Transit Number 81-100 A I* G  Hal Brown C. E. Izard J. J. Izard A. W. Meier  Dell Miller Wylie B. Smith R. C. Rhodes  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 253,770.27 Overdrafts ____________ 159.68 U. S. Gov’t obligations_ 1,235,967.50 Other bonds and securities 248,414.50 Furniture and fixtures_ 6,000.00 Banking house ________ 5,500.00 Other real es ta te ______ 1.00 Cash and due from banks 476,112.66  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,225,925.61  Liabilities Capital s to c k __________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 139,724.65  50,000.00 50,000.00 39,724.65  Demand deposits_______ 1,497,652.35 Time deposits ________ 351,626.43 U. S. Gov’t deposits____ 27,912.72 Public fu n d s ___________ 209,009.46 Total dep__$2,086,200.96 Total  $2,225,925.61  112  State of Arkansas:  Bank Department  BANK OF WALDO, WALDO Population 1,491.  Columbia County  Chartered September 2, 1899. Telephone Number 2274. Transit Number 81-265 Officers J. Thurston Howell________President W. S. McKissack____ Vice President Mary H. Martin_____________ Cashier  Directors J. Thurston Howell W. S. McKissack Mrs. J. Thurston Howell  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 185,076.22 U. S. Gov’t obligations_ 395,029.99 Other bonds and securities 64,833.38 Furniture and fixtures_ 10.00 Banking house ________ 700.00 Cash and due from banks 116,988.00 Other resources _______ 385.77  Liabilities Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 64,592.91 Demand deposits ______ Time deposits__________ U. S. Gov’t deposits___ Public funds __________ Total dep._$ 698,430.45  Total  Total  $ 763,023.36  25,000.00 15,000.00 18,682.37 5,910.54  591,650.94 20,001.92 4,320.44 82,457.15  $ 763,023.36  THE PEOPLES BANK, WALDO Population 1,491. Chartered June 22., 1910.  Columbia County  Telephone Number 3611.  Officers H. A. Fincher__ __________ President J. E. O’Daniel__ '____ Vice President H. H. Fincher_______________ Cashier R. P. Clark____________Asst. Cashier  E. G. H. H.  Transit Number 81-266  Directors F. Fincher M. M. Fincher L. Fincher W. O. Fincher A. Fincher J. E. O’Daniel H. Fincher  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Banking house ________ Other’real estate_______ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  199,951.22 587,381.36 120,455.18 1.00 1.00 1.00 198,897.76  $1,106,688.52  Liabilities Capital stock ___________ $ Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 84,976.05  25,000.00 25,000.00 34,976.05  Demand deposits_______ Time deposits___ ______ U. S. Gov’t deposits__ Public funds --------------Total dep. —$1,021,712.47  749,469.37 186,004.09 4,565.91 81,673.10  Total  $1,106,688.52  113  Thirty-Ninth Report  BANK OF WALDRON, WALDRON Population 1,292. Chartered April 3, 1901.  Scott County  Telephone Number 41.  Officers W. B. Piles________________ President Gene Davidson_______ Vice President M. C. Bird____________Vice President Claud W. Harrison__________ Cashier Mollie E. Center_______ Asst. Cashier O'. K. Goodner_________ Asst. Cashier  Transit Number 81-239 Directors  W. A. Bates M. C. Bird Mollie E. Center Gene Davidson  W. J. Echols Claud W. Harrison W. B. Piles John P. Woods  STATEMENT OF JUNE 30, 1953 Liabilities  Resources  Loans and discounts___ $ Overdrafts ____________ U. S. Gov’t obligation_ Other bonds and securities Furniture and fixtures_ Banking house ________ Cash and due from banks Other resources _______  568,396.36 150.72 926,500.00 287,255.79 3.600.00 5,000.00 748,122.92 3.775.00  Capital s t o c k __________ $ Surplus f u n d __________ Undivided p r o f it s ______ Total capital accounts_$ 177,382.39  Demand deposits ______ 1,551,770.45 Time deposits _________ 606,835.30 U. S. Gov’t deposits____ 7,771.07 198,964.36 Public funds __________ Total dep. __$2,365,341.18 Other liabilities________  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,542,800.79  50,000.00 50,000.00 77,382.39  77.22  T o ta l________________ $2,542,800.79  114  State of Arkansas:  Bank Department  MERCHANTS AND PLANTERS BANK, WARREN Population 2,615. Chartered March 15, 1890. Carl A. L. G. B. C. F. Mrs. Miss  Bradley County  Telephone Number 20.  Officers Hollis________ President Moody________ Vice President Colvin_________ Vice President Sisco__________________ Cashier Helen N.Harris___Asst. Cashier Lois Goss________ Asst. Cashier  Transit Number 81-159  Directors G. B. Colvin . J. C. Thompson Carl Hollis W. R. Warner Laurence Hurley Albert T. Weiss James K. Martin H. Sidney Wharton A. L. Moody O. W. Wheless J. E. Stewart  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,056,451.62 Overdrafts ____________ 595.49 U. S. Gov’t obligations_ 729,431.26 Other bonds and securities 654,776.77 Furniture and fixtures_ 17,342.57 Banking house ________ 29,185.64 Cash and due from banks 745,256.85 Other resources________ 3,143.13  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $3,236,183.33  Liabilities Capital s t o c k __________ $ 100,000.00 Surplus f u n d __________ 100,000.00 Undivided? p r o fit s ______ 73,989.98 9,097.00 Reserves ______________ Total capital accounts_$ 283,086.98 Demand deposits ______ 2,104,434.21 Time deposits _________ 592,775.08 U. S. Gov’t deposits____ 29,454.10 Public funds __________ 226,108.73 Deposits of banks______ 324.23 Total dep. _.$2,953,096.35 T o t a l-------------------------$3,236,183.33  115  Thirty-Ninth Report  WARREN BANK, WARREN Population 2,615. Bradley County Chartered December 28, 1901. Telephone Number 88. Transit Number 81-160 Officers Directors L. H. Derby F. Martin Hankins Louis Ederington__________President John T. Ederington___ Vice President Louis Ederington S. B. Meek, Jr. M. C. Singer___ Vice Pres. & Cashier J. T. Ederington M. C. Singer M. S. Thompson______ Asst. Cashier L. W. Ederington Katie Ruth Campbell Asst. Cashier J. B. Frazer J. R. Gannaway STATEMENT OF Resources Loans and discounts___ $1,543,058.01 Overdrafts ____________ 885.05 U. S. Gov’t obligations_ 776,576.25 Other bonds and securities 360,836.33 Furniture and fixtures_ 2,713.13 Banking house ________ 12,589.00 Other real estate_______ 1.00 Cash and due from banks 595,984.39 Other resources'________ 663.33  Total  $3,293,306.49  JUNE 30, 1953 Liabilities Capital s to c k __________ ! Surplus f u n d __________ Undivided p r o fits ______ Reserves ______________ Total capital accounts_$ 371,300.98  75,000.00 135,000.00 65,377.63 95,923.35  Demand deposits_______ 1,994.282.99 Time deposits _________ 657,152.04 U. S. Gov’t deposits___ 80,773.14 189,797.34 Public fu n d s___________ Total dep. __$2,922,005.51 Total  .$3,293,306.49  BANK OF WEINER, WEINER Population 644. Poinsett County Chartered April 2, 1909. Telephone Number 22,. Transit Number 81-456 Officers Directors E. E. Hogue ______ ____President E. E. Hogue Jessie M. Huber R. A. Ziegenhom___ Vice President Malcolm C. Hogue H. E. Winters H. E. Winters______________Cashier Marcus Hogue R. A. Ziegenhom F. R. Huber STATEMENT OF Resources Loans and discounts___ $ 415,735.02 2,625.15 Overdrafts ____________ U. S. Gov’t obligations_ 527,200.00 Other bonds and securities 17,000.00 6,488.91 Furniture and fixtures_ 1,900.00 Banking h ou se_________ Cash and due from banks 486,174.27  JUNE 30, 1953 Liabilities _ _ _ _ _ _ ij ^ 25,000.00 Capital stock _ Surplus fund ______ ____ 60,000.00 26,032.53 Undivided p r o fits ______ Reserves _______ _____ 12,615.13 Total capital accounts. _$ 123,647.66 Demand deposits_______ 1,198,989.45 Time deposits _ ______ 26,222.71 U. S. Gov’t deposits___ 630.33 Public fu n d s_________ _ 74,946.29 Deposits of ban k s_____ 32,686.91 Total dep. __$1,333,475.69  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,457,123.35  Total  $1,457,123.35  116  State of Arkansas:  Bank Department  MERCHANTS AND FARMERS BANK, WEST HELENA Population 6,107. Phillips County Chartered October 4, 1948. Telephone Number 5-3481. Transit Number 81-763 Officers Directors Fulton Simpson___________ President James P. Baker, Jr. Jim Linder S. H. Hurst__________Vice President C. L. Harris Jesse Porter Douglas Simmons__ Exec. Vice Pres. S. H. Hurst V. D. Simmons Roy B. Warren_____________ Cashier E. F. Kalb Fulton Simpson Ella Lewey___________ Asst. Cashier Helen Back___________Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 821,394.34 Overdrafts ____________ 40.31 U. S. Gov’t obligations_ 388,534.38 Other bonds and securities 18,045.92 Furniture and fixtures_ 10,784.27 Cash and due from banks 330,022.36 Other resources _______ 585.64  Total  $1,569,407.22  Liabilities Capital s t o c k __________ i Surplus f u n d __________ Undivided p r o fit s ______ Total capital accounts_$ 116,800.52 Demand deposits ______ Time deposits _________ U. S. Gov’t deposits___ Public funds __________ Total dep. __$1,452,606.70 Total  50.000. 00 50.000. 00 16,800.52  929,410.13 316.650.17 1,216.98 205,329.42  ..$1,569,407.22  BANK OF WEST MEMPHIS, WEST MEMPHIS Population 9,112. Crittenden County Chartered April 21, 1928. Telephone Number 310. Transit Number 81-695 Officers Directors E. J. White_______________ President O. I. Bollinger Arthur Russell W. H. Hundhausen___ Vice President G. M. Coleman H. E. Thompson H. E. Thompson_____ Vice President H. R. Dabbs F. L. Wells Taylor Claiborne__________ Cashier W. H. Hundhausen E. J. White Cecil Oliver D. B. Wollard Kathleen Yokley_____ Asst. Cashier A. C. Parker Ruth Murphree_______Asst. Cashier STATEMENT OF JUNE 30, 1953 Loans and discounts___ $ 485,744.15 U. S. Gov’t obligations 1,003,668.50 Other bonds and securities 181,322.80 Furniture and fixtures_ 47,650.30 Cash and due from banks 728.257.07  Liabilities Capital s t o c k __________ $ 100,000.00 Surplus fund __________ 100,000.00 Undivided p r o fit s ______ 30,569.27 Total capital accounts—$ 230,569.27 Demand deposits ______ 1,688,454.44 Time deposits _________ 306,944.11 U. S. Gov’t deposits___ 11,775.17 Public funds __________ 208,899.83 Total dep. _ .$2,216,073.55  T otal  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,446,642.82  Total  $2,446,642.82  117  Thirty-Ninth Report  MERCHANTS AND PLANTERS BANK, WEST MEMPHIS Population 9,112. Chartered August 5, 1941.  Crittenden County  Telephone Number 250.  Officers J. C. Johnson_____________President Marvin E. Phelps__ Exec. Vice Pres. Roy Strong_________________ Cashier Ruby Bledsoe__________Asst. Cashier  Transit Number 81-743  Directors Hugh Chalmers Lewis K. McKee John A. Cooper L. R. O’Bryant J. C. Johnson J. H. Spears J. C. McCaa J. E. Wood  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,004,795.84 Overdrafts ____________ 6.70 U. S. Gov’t obligations_ 712,181.29 Other bonds and securities 174,020.39 Furniture and fixtures_ 20,869.50 Banking house_________ 63,000.00 Cash and due from banks 543,957.86  Liabilities Capital stock___________ $ 50,000.00 Surplus f u n d __________ 75,000.00 Undivided profits_______ 113,089.78 Total capital accounts_$ 238,089.78 Demand deposits_______ 1,777,228.00 Time deposits _________ 271,557.71 31,688.90 U. S. Gov’t deposits___ Public fu n d s___________ 189,133.36 Total dep. __$2,269,607.97 Other liabilities________  T otal______ ■_________ $2,518,831.58  Total  11,133.83 $2,518,831.58  RICE GROWERS BANK, WHEATLEY Population 406.  St. Francis County  Chartered September 27, 1909. Telephone Number 771. Transit Number 81-458 Officers H. K. Smith, Jr.__------------- President Robert Carvell_Vice Pres. & Cashier Mrs. A. H. Williams___ Asst. Cashier  Directors Robert Carvell H. K. Smith, Jr. Mayme Lyon  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ 568,708.99 U. S. Gov’t obligations_ 228,540.00 Other bonds and securities 19,450.00 Furniture and fixtures_ 500.00 Banking h ou se_________ 1.00 Cash and due from banks 231,602.12  Liabilities Capital stock___________ : Surplus fu n d ___________ Undivided p r o fits ______ Total capital accounts_$ 139,009.71 Demand deposits _____ Time deposits _________ Public fu n d s___________ Total d e p _$ 909,792.40  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $1,048,802.11  Total  25.000. 00 25.000.00 89,009.71  833,436.02 37,335.34 39,021.04  $1,048,802.11  118  State of Arkansas:  Bank Department  WILMOT STATE BANK, WILMOT Population 712.  Ashley County  Chartered October 25, 1937. Telephone Number 3671. Officers Wm. B. de Yampert_______ President M. C. Crandall________Vice President N. R. Kirkwood_____________ Cashier  Transit Number 81-738  Directors M. C. Crandall N. R. Kirkwood Wm. B. de Yampert J. B. Shackelford E. H. Dunning G. B. Stovall  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts-__ $ 228,179.62 U. S. Gov’t obligations_ 134,250.75 Furniture and fixtures_ 3,501.60 Banking h ou se_________ 3,240.00 Cash and due from banks 213,923.03  T ota l________________ $_ 583,095.00  Liabilities Capital stock___________ $ Surplus fu n d ___________ Undivided p r o fit s ______ Total capital accounts_$ 95,283.46  25,000.00 60,000.00 10,283.46  Demand deposits --------U. S. Gov’t deposits___ Public fu n d s___________ Total d ep ._$ 487,811.54  434,490.19 243.75 53,077.60  T otal________________ $ 583,095.00  BANK OF WILSON, WILSON Population 1,301. Chartered October 3, 1908.  Mississippi County  Telephone Number 3251.  Officers R. E. L. Wilson, III_Chrm. of Board Benton Garrett___________ President C. J. Low*rance, Jr____ Vice President J. B. Gwyn_________________ Cashier Ruth Childs__________ Asst. Cashier Gatha Watson________ Asst. Cashier  Transit Number 81-462  Directors J. H. Crain R. H. Robinson , C. L. Denton, Jr. R. E. L. Wilson, Jr. Benton Garrett R. E. L. Wilson, III C. J. Lowrance, Jr.  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,293,469.36 Overdrafts -----------------6.77 U. S. Gov’t obligations_ 161,989.60 Other bonds and securities 103,554.59 Furniture and fixtures_ 6,212.96 Banking house ________ 66,398.89 Cash and due from banks 569,137.82 Other resources________ 15,786.41  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,216,556.40  Liabilities Capital stock ______ $ 100,000.00 Surplus f u n d ___ ____ 300,000.00 Undivided p r o fits ______ 35,630.49 Reserves _________ _ _ 5,843.76 Total capital accounts_$ 441,474.25 1,197,245.85 Demand d ep o sits_ 247,670.70 Time d ep osits________ 37.50 U. S. Gov’t deposits___ Public f u n d s ___ ______ 310,128.10 Deposits of ban ks_____ 20,000.00 Total dep._-$1,775,082.15 Total  $2,216,556.40  119  Thirty-Ninth Report  CROSS COUNTY BANK, WYNNE Population 4,142. Chartered June 5, 1891.  Cross County  Telephone Number 46.  Officers Dave Block________________ President J. W. Lipscomb____ Exec. Vice Pres. H. K. Barwick, Jr.___ Vice President Wallace Eldridge---------------- ,-Cashier A. B. Pool------------------ Asst. Cashier  Transit Number 81-151  Directors H. K. Barwick, Jr. J. H. Johnston, Jr. Dave Block J. W. Lipscomb David Drexler W. W. Shaver, Jr. J. C. Hilliard H. Steinberg  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $1,107,350.45 Overdrafts ____________ 31.71 U. S. Gov’t obligations_ 415,535.00 Other bonds and securities 326,001.35 Furniture and fixtures_ 1,000.00 Banking h ou se_________ 25,000.00 Cash and due from banks 381,034.70  T otal________________ $2,255,953.21  Liabilities Capital s t o c k __________ $ 50,000.00 100,000.00 Surplus f u n d __________ Undivided p r o fits ______ 91,090.13 Total capital accounts_$ 241,090.13 Demand d e p o sits______ 1,761,871.42 Time d ep osits_________ 54,989.12 U. S. Gov’t deposits___ 24,074.51 173,928.03 Public funds __________ Total dep.__$2,014,863.08 T otal________________ $2,255,953.21  THE BANK OF YELLVILLE, YELLVILLE Population 697. Marion County Chartered December 13, 1945. Telephone Number 2501. Transit Number 81-753 Officers Directors Park Gaines________________President Bernice Berry George N. Cavaness Lon W. Berry_______ Vice President Lon W. Berry Park Gaines H. A. Burnes________ Vice President H. A. Bumes Wynona Williagham Bernice Berry______________Cashier Wynona Willingham__Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ ! Overdrafts__ __________ U. S. Gov’t obligations_ Other bonds and securities Furniture and fixtures_ Cash and due from banks  Total  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  308,236.10 135.87 367,921.88 11,607.34 1,250.00 407,066.56  Liabilities Capital s t o c k __________ ! Surplus fu n d ___________ Undivided p r o fits ______ Total capital accounts_$ 106,089.08 Demand deposits_______ Public fu n d s ___________ Total d ep ._$ 990,128.67  $1,096,217.75  Total  25.000.00 65.000. 00 16,089.08  783,144.35 206,984.32  $1,096,217.75  120  State of Arkansas:  Bank Department  CONSOLIDATED STATEMENT OF CONDITION OF THE THREE COOPERATIVE EXCHANGES OPERATING IN ARKANSAS AS OF JUNE 30, 1953 Resources Loans and discounts___________________________________ $ 4,161.50 18.87 Overdrafts ___________________________________________ U. S. Government obligations__________________________ 18,669.40 Other securities ______________________________________ 13,314.25 175.00 Furniture and fixtures_________________________________ Cash and due from banks_____________________________ 112,597.92 Other resources ______________________________________ 1,345.87 Total Resources _________________________________ $ 150,282.81 Liabilities Capital stock ________________________________________ $ Surplus and undivided profits________________________ Deposits ___________________ Other liabilities ______________________________________  5,380.00 5,527.99 139,356.24 18.58  Total Liabilities ___________________________________ $ 150,282.81   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  121  Thirty-Ninth Report  THE FIRST COMPANY, BLACK ROCK Population 662.  Lawrence County  Telephone Number 53 J. F. S loa n ______________ President Dr. E. J. C ruse______Vice President Henry L. C lark___________ Manager  Dr. E. J. Cruse J. E. Krone J. F. Sloan  C. H. Smith R. C. Tate  STATEMENT OF JUNE 30, 1953 Resources Cash and due from banks $ Other resources________  4,617.26 1,345.87  Liabilities Capital s t o c k __________ $ Undivided p r o fit s _______ Total capital accounts_$ 5,944.55  18.58  Other liabilities 5,963.13  Total  2,480.00 3,464.55  $  5,963.13  Liabilities Capital s to c k __________ $ Undivided p r o fits ______ Total capital accounts_$ 4,299.34  2,500.00 1,799.34  Demand deposits_______ Public fu n d s ___________ Total dep___$ 62,732.65  61,720.78 1,011.87  Total  THE HARDY EXCHANGE, HARDY Population 599.  Sharp County  Telephone Number 2264 Officers Claude Finch_____________ President R. A. Jackson_______Vice President T. W. W a lk er____________Cashier  Claude Finch R. A. Jackson T. W. Walker  Directors  STATEMENT OF JUNE 30, 1953 Resources Loans and discounts___ $ U. S. Gov’t obligations Furniture and fixtures Cash and due from banks  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $  4,161.50 18,669.40 175.00 44,026.09  67,031.99  Total  $  67,031.99  122  State of Arkansas:  Bank Department  WILMAR EXCHANGE COMPANY, WILMAR Population 746.  Drew County  Telephone Number 39 Officers Directors E. A. O slin _______________ President James Daniel E. A. Oslin Louin M cKinstry___ Vice President Louin McKinstry C. T. Sims R. A. M cKinstry_____________Cashier R. A. McKinstry Mrs. R. A. McKinstry__ Asst. Cashier STATEMENT OF JUNE 30, 1953 Resources Overdrafts_____________ ! Other bonds and securities Cash and due from banks  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$  18.87 13,314.25 63,954.57  77,287.69  Liabilities Capital s t o c k __________ ! Undivided p r o fits --------Total capital 664.10 accounts_$  400.00 264.10  Demand deposits_______ Public fu n d s ___________ Total d e p ._$ 76,623.59  70,193.69 6,429.90  Total  $  77,287.69  Thirty-Ninth Report  REPORT OF BUILDING AND LOAN DIVISION AND SECURITIES DIVISION   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  123  124  State of Arkansas:  Bank Department  BUILDING AND LOAN DIVISION December 31, 1952 Statement of eight active state chartered Building and Loan Associations, compiled from annual reports rendered the Arkansas State Bank Department as o f December 31, 1952. List o f four voluntary liquidating Building and Loan Associa­ tions as of December 31, 1952. Two newly chartered Associations are: Dixie Savings and Loan Association W est Memphis, Arkansas Charter dated June 2, 1953. First State Savings and Loan Association W est Memphis, Arkansas Charter dated January 5, 1953.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Thirty-Ninth Report  125  COMBINED STATEMENT OF THE EIGHT ACTIVE STATE CHARTERED BUILDING AND LOAN ASSOCIATIONS AS OF DECEMBER 31, 1952 Assets Real Estate Loans __________________________________________ $10,922,132.32 Share Loans ________________________________________________ 86,153.18 663,010.00 United States Government Obligations_______________________ Other Securities_________ 177,701.00 514,931.78 Cash on Hand and in B anks__________________________________ Other A ss e ts ________________________________________________ 22,475.63 Furniture and F ixtu res______________________________________ 10,998.56 Contracts of S a le _________________________________________ .__ 2,877.22 Office Building__ T___________________________________________ 8,700.00 Total A ssets_____________________________________________ $12,408,979.69 Liabilities Shares __ ___________________________________________________ $10,168,994.84 Other Liabilities ____________________________________________ 140,821.05 Reserves____________________________- _______________________ 895,148.30 Undivided Profits ___________________________________________ 332,646.36 Advances from FederalHome Loan B an k______________________ 653,875.00 Dividends Payable___________________________________________ 9,223.04 Loans in P rocess____________________________________________ 88,786.15 Notes Payable ______________________________________________ 53,484.95 Permanent GuarantyS tock ------------------------------------------------------66,000.00 Total Liabilities_________________________________________ $12,408,979.69   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  126  State of Arkansas:  Bank Department  FAYETTEVILLE BUILDING AND LOAN ASSOCIATION FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS December 31, 1952 Officers  Directors  W. P. McNair, Jr_________ President H. E. Craven_________Vice President David McNair___ Secretary-Treasurer H. L. Pearson______________ Attorney Maxine Atha_________ Ass’t-Secretary  H. E. Craven W. L. Pearson David McNair W. C. Smith W. P. McNair, Jr. F. Fenner Stice Roy A. Adams  Assets  Liabilities  Real estate lo a n s ______$2,400,487.84 Share loan s____________ 14,834.64 U. S. Gov’t obligations_ 170,000.00 Other securities________ 40,300.00 Cash on hand and in banks 171,818.48 Furniture and fixtures_ 1.00 Other a ssets___________ 555.81  Shares ________________ $2,522,293.76 Advances for FHL bank 58,125.00 Other liabilities________ 224.83 Reserves ______________ 189,074.37 Undivided p r o fit s ______ 28,279.81  $2,797,997.77  $2,797,997.77  FORREST CITY SAVINGS AND LOAN ASSOCIATION FORREST CITY, ST. FRANCIS COUNTY, ARKANSAS December 31, 1952 Officers  Directors  Ed Ash___________________President W. E. Stevens________Vice President C. W. Norton_____________Secretary  Ed Ash John C. Bowen W. E. Stevens  A. L. Harris W. J. Clanton C. W. Norton  Assets  Liabilities  Real estate lo a n s ______$ 498,596.38 Share loans ___________ 6,881.41 U. S. Gov’t obligations_ 15,000.00 Other securities________ 6,000.00 1,000.00 Furniture and fixtures_ Cash on hand and in banks 41,045.34  Shares ________________ $ 501,955.56 Advances from FHL bank 15,000.00 700.52 Other liabilities________ 9,223.04 Dividends p a y a b le _____ Reserves ______________ 17.500.00 Undivided p r o fits ______ 24.144.01  $ 568,523.13  $ 568,523.13   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  127  Thirty-Ninth Report  UNITED BUILDING AND LOAN ASSOCIATION FORT SMITH, SEBASTIAN COUNTY, ARKANSAS December SI, 1952 Directors  Officers  F. W. Dyke__________________President W. V. Boatright C. C. Davis__________Vice President R. B. Cutting R. A. DeLong__ Secretary-Treasurer C. C. Davis Brady Pryor— ____________ Attorney R. A. DeLong Dr. Ralph Crigler Albert Beggs, Jr,  F. W. Dyke Brady Pryor R. J. Ross R. A. Young A. R. Noe  Assets  Liabilities  Real estate loans______$4,529,047.36 Share loan s____________ 20,084.20 U. S. Gov’t obligations_ 306,610.00 76,300.00 Other securities________ Furniture and fixtures 7,960.06 Cash on hand and in banks 187,705.77 Other a ssets___________ 465.94  Shares ________________ $4,270,288.20 Advances from FHL bank 450,000.00 Other liabilities________ 66,377.97 Loans in process_______ 27,095.38 281,415.24 Reserves ______________ 32,996.54 Undivided p r o fit s ______  $5,128,173.33  $5,128,173.33  JONESBORO BUILDING AND LOAN ASSOCIATION JONESBORO, CRAIGHEAD COUNTY, ARKANSAS December 31, 1952 Officers E. L. J. H. J. C. Roy  Directors  Westbrooke__________ President Little, Jr_______ Vice President Westbrooke__________ Secretary Sigler________________ Attorney  J. B. Hinson Roy Sigler W. R. Weaver E. L. Westbrooke J. C. Westbrooke F. J. Gregson J. H. Little, Jr.  Assets  Liabilities  Real estate loans______$ 246,696.89 Contracts of sale_______ 1,368.75 Furniture and fixtures_ 1.00 Office b u ild in g________ 7,500.00 Cash on hand and in banks 3,245.14 11,482.93 Other a ss e ts ___________  Shares ________________ $ 177,244.90 Other liabilities________ 44,564.86 Notes p aya b le___ !_____ 18,484.95 Reserves ______________ 30,000.00  $ 270,294.71  $ 270,294.71   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  128  State of Arkansas:  Bank Department  PEOPLES BUILDING AND LOAN ASSOCIATION LITTLE ROCK, PULASKI COUNTY, ARKANSAS December 31, 1952 Officers  Directors  W. W. Finch________Pres. & Secy. Claibourne W. Conway.Vice President Carl Hollis.Vice Pres. & Chinn. Board W. C. Thomas________Vice President Treas. & Asst. Secy. Pearl Hinkle_______ Asst. Secretary  W. W. Finch Carl Hollis W. C. Thomas Robert C. Bird Claibourne W. Conway  Assets  Liabilities  Real estate loans_______ $1,950,623.63 Share L oa n s___________ 39,958.87 U. S. Gov’t obligations_ 100,000.00 Other securities________ 31,000.00 Furiture and fixtures__ 1,000.00 Contracts of sale_______ 1,508.47 Cash on hand and in banks 28,554.41 Other a ssets___________ 36.60  Shares ______________ __ $1,801,680.35 Advances from FHL bank 100,000.00 Other liabilities________ 3,295.16 Loans in process________ 35,904.50 Reserves ______________ 178,252.21 Undivided p r o fits ______ 33,549.76  $2,152,681.98  $2,152,681.98  ARGENTA BUILDING AND LOAN ASSOCIATION NORTH LITTLE ROCK, PULASKI COUNTY, ARKANSAS December 31, 1952 Officers  Directors  Lee Miles________ President-Attorney Joe W. Pugh, Jr.__Vice Pres. & Treas. Solon Humphreys___ Mgr.-Secretary Berah Eason____ Cash. & . Bookkeeper M. L. Spradlin________ Stenographer  Mrs. Lucy P. Humphreys Solon Humphreys Lee Miles Joe. W- Pugh, Jr.  Assets  Liabilities  Real estate loans_______$ 476,499.72 Share loans ___________ 339.60 U. S. Gov’t obligations_ 57.400.00 Other securities _______ 13.501.00 Cash on hand and in banks 44,534.29 Other assets __________ 3.00   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 592,277.61  Shares ________________ $ 282,851.31 Other liabilities________ 23,413.03 162,972.00 Reserves _______________ Undivided P r o fits ______ 123,041.27  $ 592,277.61  Thirty-Ninth Report  129  GUARANTY SAVNGS AND LOAN ASSOCIATION PINE BLUFF, JEFFERSON COUNTY, ARKANSAS December 31, 1952 Officers  Directors  C. S. McNew, Jr---------------President J. W. Bellamy, Jr.___ Vice President Glenn A. Railsback_Secretary-Treas. Bettye Dorris___ Assistant Secretary Jay W. Dickey____________ Attorney  C. S. McNew, Jr. Jay W. Dickey J. W. Bellamy, Jr. J. Richard Pierce Glenn A. Railsback  Liabilities  Assets Real estate lo a n s ______$ 260,377.14 Other securities________ 500.00 1,036.50 Furniture and fixtures_ Cash on hand and in banks 26,349.56 Other assets ___________ 6,126.77  Shares _________ Notes payable ... Other liabilities _ Loans in process. Reserves _______ Undivided profits  $ 294,389.97  233,300.90 35,000.00 2,214.43 22,860.80 934.48 79.36 294,389.97  WARREN BUILDING AND LOAN ASSOCIATION WARREN, BRADLEY COUNTY, ARKANSAS December 31, 1952 Officers J. R. Gannway____ '_______President Louis Ederington____ Vice President Byron L. Harring.V. Pres., Sec.-Treas. B. Ball. __ ___ _ . Attorney  Liabilities  Assets 559,803.36 4,054.46 14,000.00 10,100.00 1,200.00 11,678.79 3,804.58  Shares ________________ $ 379,379.86 Advances from FHL bank 30,750.00 Other liabilities________ 30.25 Loans in process_______ 2,925.47 Permanent guaranty stock 66 , 000.00 Reserves ______________ 35,000.00 Undivided P r o fits ______ 90,555.61  $ 604,641.19  | 604,641.19  Real estate l o a n s _ Share loans ______ U. S. Gov’t obligations_ Other securities_____ Office building __ _ Cash on hand and in banks Other assets _ _ _   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Directors Louis Ederington N. R. Herring Byron L. Herring J. B. Fraser J. R. Ganaway  130  State o f Arkansas: Bank Department  LIST OF YOUR VOLUNTARY LIQUIDATING STATE CHARTERED BUILDING AND LOAN ASSOCIATIONS IN ARKANSAS AS OF DECEMBER 31, 1952 Leader Building and Loan Association__________________ Little Prudential Building and Loan Association______________ Little Equitable Building and Loan Association________________ Little Young Men’s Building and Loan Association____________ Little   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Rock Rock Rock Rock  Thirty-Ninth Report  SECURITIES DIVISION   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  June 30, 1953  *  * *  *  131  132  State of Arkansas:  Bank Department  SUPERVISED LOAN COMPANIES UNDER ACT 397 OF 1947 June 30, 1953 Atlas Finance Company, Inc---------------- -------Dealers Finance Co_________________________ Home Finance Co., Inc----------------------------------Union Investment Co., Inc___________________ R. & R. Loan Co_____________________________ Standard Finance Co________________________ Utley & Co., Inc____________________________ American Finance & Thrift Co. of Ft. Smith-_ Peoples Co., Inc--------------------------------------------Arkansas Acceptance Co_____________________ Helena Industrial Loan Corp_________________ Home Finance System, Inc___________________ The Peoples Loan & Investment Co___________ Arkansas Investment Co_____________________ Ledgerwood Loan & Investment Co__________ General Contract Corp_______________________ Peoples Loan & Investment Co_______________ American Finance & Thrift Co. of Little Rock. Atlas Finance Co_____________________________ Central Loan & Investment Co_______________ General Contract Corp-----------------------------------Liberty Loan & Realty Co___________________ Murdock Acceptance Corp----------------------------Personal Loan & Finance Corp. of Ark_______ United Loan & Investment Co_______________ James L. Lucas Corp_____________________ ,___ Peerless Thrift & Loan Co___________________ Peoples Loan & Investment Co., Inc___________ Union Industrial Loan Corp_________________ Delta Loan & Finance Co____________________ Home Finance Co____________________________ Charles J. Upton Loan & Real Estate Co______   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  . Arkadelphia, Ark. . Bentonville, Ark. .E l Dorado, Ark. -El Dorado, Ark. .Eureka Springs, Ark. .Fayetteville, Ark. .Fayetteville, Ark. .Fort Smith, Ark. .Fort Smith, Ark. .Harrison, Ark. .Helena, Ark. .Helena, Ark. .Hope, Ark. .Hot Springs, Ark. .Hot Springs, Ark. .Jonesboro, Ark. .Jonesboro, Ark. .Little Rock, Ark. .Little Rock, Ark. -Little Rock, Ark. .Little Rock, Ark. .Little Rock, Ark. .Little Rock, Ark. -Little Rock, Ark. .Little Rock, Ark. . Magnolia, Ark. . Morrilton, Ark. . Mount Ida, Ark. -North Little Rock, Ark. .Pocahontas, Ark. .Walnut Ridge, Ark. .West Memphis, Ark.  Thirty-Ninth Report  183  MORTGAGE LOAN COMPANIES UNDER ACT 397 OF 1947 June 30, 1953 Block Mortgage Company, Inc_________ Cherokee Mortgage & Investment Co______ Jack Collier East Co., Inc_________________ First Continental Mortgage Co___________ Guaranty Loan '& Real Estate Co_________ Home Improvement Financing Corporation. Logan Finance Corporation_______________ Mainland Mortgage Co.___________________ Republic Mortgage' Co., Inc----------------------Republic Mortgage Co., Inc----------------------Republic Mortgage Co., Inc----------------------Residential Finance Corporation___________ Julian J. Rothbaum & Co., Inc-----------------Roberts Mortgage Co., Inc----------------------William E. Terry & Co., Inc----------------------Texas State Mortgage Co-------------------------   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  -Little Rock, Arkansas ..Little Rock, Arkansas Shreveport, Louisiana -Little Rock, Arkansas -Little Rock, Arkansas Houston, Texas -West Memphis, Arkansas -Fort Smith, Arkansas Washington, D. C. -Blytheville, Arkansas -Little Rock, Arkansas Houston, Texas -Fort Smith, Arkansas -Little Rock, Arkansas -Texarkana, Arkansas -Little Rock, Arkansas Houston, Texas -Little Rock, Arkansas Tulsa, Oklahoma -Little Rock, Arkansas Wichita, Kansas -Little Rock, Arkansas -Little Rock, Arkansas Houston, Texas  134  State o f Arkansas:  Bank Department  COMBINED STATEMENT OF RESOURCES AND LIABILITIES OF SEVEN INDUSTRIAL LOAN INSTITUTIONS OPERATING UNDER ACT 111 OF 1941 June 30, 1953 Assets Loans-------------------------------------------------------------------------- $ 977,554.50 Cash and due from b an k s_____________________________ 208,577.71 Bonds and securities__________________________________ 817,230.64 Notes receivable_____________ _________________________ 92,000.00 534.61 Surplus deficit________________________________________ Other assets__________________________________________ 33,543.18 TOTAL A S S E T S _________________________________ $2,129,440.64 Liabilities Capital ______________________________________________ $ 502,975.00 Notes payable________________________________________ 665,289.50 Surplus_______________________________________________ 396,154.91 Due to parent company_________________________________ 40,140.62 Unearned discount_____________________ 2,042.18 Reserve for bad d ebts_________________________________ 71,674.34 Debentures ________________________________________ • 80,900.00 342,714.03 Thrift certificates____________________________________ Other liabilities _______________________ :______________ 27,550.06 TOTAL LIABILITIES   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $2,129,440.64  135  Thirty-Ninth Report  FR IENDLY FIN A N C E COMPANY FA YE TTE V ILLE , A R K A N SA S June 30, 1953 Officers  Harvey L. Joyce John H. J o y ce __ Helen M. Joyce  __________President ____ Vice President _________ Secretary Liabilities  Assets L o a n s _________________ $ Cash and due from banks Surplus d e ficit_________ Other assets___________ Total  18,911.06 Capital________________ $ 10,000.00 1,201.03 Notes p aya b le_ 534.61 142.80 20,789.50  20,789.50  Total  COMMERCIAL CREDIT PLAN, INC. FORT SMITH, A R K A N SA S June 30, 1953  Officers E. A. Cherry . W. R. Mules _ S. M. Chesney K. F. Turner  -President .Secretary Treasurer -Manager  Assets  Liabilities  L o a n s_________________ $ 15,236.65 Cash and due from banks 128,846.39  Capital________________ $ 100,000.00 Surplus _______________ 17,826.98 Due to parent company_ 22,179.02 Unearned discount_____ 524.94 Reserve for bad debts __ 510.41 3,041.69 Other liabilities _______  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$ 144,083.04  Total  .$ 144,083.04  10,789.  136  State of Arkansas:  Bank Department  PEOPLES LOAN AND INVESTMENT COMPANY FORT SMITH, ARKANSAS June 30, 1953 Officers R. A. Young, Sr. W. A. Needham _ R. C. Helvie — Mary C. S im s__ C. E. Sartain__  _________ President .Assistant Manager Secretary Manager _________ Treasurer ____ Loan Manager Liabilities  Assets L o a n s _________________ $ 91,194.86 Bonds and securities___ 754,987.64 Cash and due from banks 25,000.00 Other a ssets___________ 24,983.14  $ 896,165.64  Total  C apital_________ Surplus ------------Debentures _____ Notes payable Thrift certificates Reserve ________ Other liabilities .  92.975.00 82,580.51 80.900.00 450,000.00 154,895.10 26,138.18 8,676.85 $ 896,165.64  Total  COMMERCIAL CREDIT PLAN, INC. JONESBORO, ARKANSAS June 30, 1953 Officers H. W. S. D.  A. R. M. E.  Cherry Mules _ Chesney Norfleet  -President .Secretary Treasurer -Manager  Assets  Liabilities  L o a n s _________________ $ Cash and due from banks Notes receivable_______ Other a ssets___________  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  14,016.89 16,906.97 92,000.00 728.07  $ 123,651.93  Capital________________ $ 100,000.00 Surplus _______________ 18,351.72 Unearned discount______ 409.26 Reserved for bad debts_ 556.62 1,52947 Due to parent company_ Other liabilities _______ 2,805.16 Total  $ 123,651.93  Thirty-Ninth Report  137  COMMERCIAL CREDIT PLAN, INC. LITTLE ROCK, ARKANSAS June 30, 1953 Officers H. A. Cherry ___________________________________________ President W. R. M ules______________________________________ Secretary S. M. Chesney_________________________________________ Treasurer R. L. Pledger____________________________________________ Manager Assets  Liabilities  L o a n s_________________ $ Bonds and securities___ Cash and due from banks  34,787.25 62,243.00 8,226.17  T otal________________ $ 105,256.42  Capital________________ $ Surplus _______________ Due to parent company _ Unearned discount_____ Reserve for bad d e b ts_ Other liabilities________  50,000.00 33,203.81 16,432.43 1,107.98 1,181.96 3,330.24  T otal________________ $ 105,256.42  NATIONAL CREDIT CORPORATION PINE BLUFF, ARKANSAS June 30, 1953 Officers N. V. C. C.  ________ President _____Vice President Secretary-Manager ________ Treasurer  J. Gantt, Jr. D. W ebb ____ A. D a vies__ S. McNew, Jr.  Liabilities  Assets L o a n s_________________ $ 556,926.48 Cash and due from banks 26,306.29 Other assets___________ 5,676.56  Total   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  $ 588,909.33  Capital________________ $ Surplus ----------------------Notes p ayable_________ Thrift certificates______ Reserve for baddebts _ Other liabilities _____ Total  100,000.00 110,958.08 140,000.00 186,619.55 43,287.17 8,044.53  $ 588,909.33  138  State o f Arkansas: Bank Department  MORGAN PLAN COMPANY TEXARKANA, ARKANSAS June 30, 1953 Officers F. E. W ilson____________________________________________ President S. H. A tkinson____________________________________ Vice President Edwin D. M cDaniel___________________________ Secretary-Treasurer & Manager Assets  Liabilities  L o a n s _________________ $ 246,481.31 Cash and due from banks 2,090.86 2,012.61 Other a ssets___________  C apital________________ $ 50,000.00 133,233.81 Surplus-----------------------Notes p aya b le_________ 64,500.00 Thrift certifica tes_____ 1,199.38 Other liabilities________ 1,651.59  T o ta l_________________ $ 250,584.78  T o ta l_________________ $ 250,584.78   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  139  Thirty-Ninth Report  COMBINED STATEMENT OF ASSETS AND LIABILITIES OF TWENTY-EIGHT CREDIT UNIONS OF ARKANSAS AS OF DECEMBER 31, 1952 Assets Loans--------------------------------------------------------------------------$ 712,491.08 Bonds and Securities__________________________________ 175,556.21 Cash on Hand and in B anks___________________________ 147,431.88 46,297.75 Other A ssets___________________________________________ TOTAL A S S E T S _________________________________ $1,081,776.92 Liabilities Shares_______________________________________________ $ 984,863.65 Notes Payable________________________________________ 12,088.06 Guaranty F u n d _______________________________________ 38,105.30 Undivided P rofits_____________________________________ 35,440.34 Other Liabilities______________________________________ 11,279.57 TOTAL LIABILITIES   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  .$1,081,776.92  140  State of Arkansas:  Bank Department  WILLIAMS ROOFING EMPLOYEES CREDIT UNION CAMDEN, ARKANSAS Permit February 3, 1953  LION OIL CO-OPERATIVE SAVINGS & CREDIT ASSOCIATION EL DORADO, ARKANSAS December 31, 1952 Liabilities  Assets 90,439.86 86,590.00 38,664.83 25,548.11  Shares ________________ $ 221,870.84 Note payable__________ 5,367.20 Guaranty fu n d _________ 6,489.36 4,818.67 Undivided p r o fits ______ Other liabilities________ 2,696.73  Total a s s e ts _________$ 241,242.80  Total liabilities______ $ 241,242.80  L o a n s_________________ ! Bonds and securities___ Cash on hand and in banks Other assets ___________  Approximate number of members 1006  PAN AM EL DORADO EMPLOYEES CREDIT UNION EL DORADO, ARKANSAS December 31, 1952 Assets  Liabilities  Bonds and securities___ $ Cash on hand and in banks Other a ssets___________  10,216.01 178.21 119.69  Total assets--------------- $  10,513.91  Shares _________ Guaranty fund Undivided profits Other liabilities _ Total liabilities______$  9,476.58 258.93 155.06 623.34 10,513.91  Approximate number of members 194  ARKANSAS WESTERN EMPLOYEES CREDIT UNION FAYETTEVILLE, ARKANSAS December 31, 1952 Assets  Liabilities  L o a n s _________________ ! Bonds and secu rities_ Cash on hand and in banks  35,710.85 9,547.70 5,483.77  Total a s s e t s _________ $  50,742.32  Shares _________ Notes payable Guaranty fund Undivided profits Other liabilities Total lia b ilitie s ______ $  Approximate number o f members 120  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  47,100.00 219.06 1,422.30 1,503.82 497.14 50,742.32  .141  Thirty-Ninth Report  GURDON-MISSOURI PACIFIC EMPLOYEES CREDIT UNION GURDON, ARKANSAS Permit August 5, J952 (Inactive)  HOT SPRINGS FEDERAL EMPLOYEES CREDIT UNION HOT SPRINGS, ARKANSAS December 31, 1952 Assets  Liabilities  Loans _________________ ! Bonds and securities___ Cash on hand and in banks Other assets ___________  48,010.68 1,500.00 3.244.11 1.318.12  Total a ss e ts _________$  54,072.19  Shares _________ Notes Payable Guaranty Fund Undivided Profits Total Liabilities______$  49,782.31 1,000.00 1,191.44 2,099.16 54,072.19  Approximate number of members 298  MAJESTIC HOTEL CREDIT UNION HOT SPRINGS, ARKANSAS December 31, 1952 Assets L o a n s _________________ $ Cash on hand and in banks Other assets__________^ Total assets  Liabilities 9,599.25 6,567.46 25.00 16,191.71  Shares _________ Guaranty Fund__ Undivided profits  15,415.77 263.16 512.78  Total liabilities_________$16,191.71  Approximate number of members 105  AGRICULTURAL EXTENSION WORKERS’ CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Assets  Liabilities  L o a n s_________________ $ Bonds and securites----Cash on hand and in banks ■ Other assets---------- .------  40,084.51 1,850.00 10,885.22 17,568.97  Total a s s e t s _________ $  70,383.70   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Shares----------------------- ^ $ 65*910.46 Guaranty fu n d ------------1,913.97 Undivided p r o fit s _____ 2,534.27 Other liabilities______ 25.00 Total liabilities_______ $  Approximate number o f members 201  70,383.70  142  State of Arkansas:  Bank Department  A R K A N SA S DEMOCRAT CREDIT UNION LITTLE ROCK, A R K A N SA S December 31, 1952 Liabilities  Assets L o a n s _________ __________ $ Bonds and securities____ Cash on hand and in banks  20,663.44 592.00 4,881.92  Shares __________________ $ Guaranty fund _________ Undivided p r o fit s ______  23,713.67 1,691.22 732.47  Total a s s e t s --------------- $  26,137.36  Total liabilities______ $  26,137.36  Approximate number of members 128  A R K A N SA S M AID CREDIT UNION LITTLE ROCK, A R K A N SA S Permit January 19, 1953  A R K LAG A S CREDIT UNION LITTLE ROCK, A R K A N SA S December 31, 1952 Liabilities  Assets L o a n s ___________________ $ Bond and' securities____ Cash on hand and in banks Other a s s e t s ____________  44,561.48 1,500.00 390.24 73.36  Shares __________________ $ Guaranty fund _________ Undivided p r o fit s ______ Other liabilities_________  42,174.07 1,476.07 2,872.59 2.35  Total a s s e t s --------------- $  46,525.08  Total liabilities______ $  46,525.08  Approximate number of members 228  CAPITOL CREDIT UNION LITTLE ROCK, A R K A N SA S December 31, 1952 Assets  Liabilities  L o a n s ___________ ________$ Bonds and securities-----Cash on hand and in banks  18,669.07 296.00 8,877.63  Total a s s e t s -------------- $  27,892.70   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Shares __________ Guaranty fund __ Undivided profits  Total lia b ilitie s______ $  Approximate number o f members 180  27,108.74 513.88 220.08  27,842.70  Thirty-Ninth Report  143  DEPARTMENT OF LABOR CREDIT UNION LITTLE ROCK, A R K A N SA S December 31, 1952 Liabilities  Assets L o a n s ___________________ $ Bonds and securities____ Cash on hand and in banks  15,337.34 370.00 4,343.34  Total A s s e t s ____________ $  20,050.68  Shares ---------------------------- $ Guaranty fu n d __________ Undivided p r o fit s ______ Total liabilities  $  18,517.70 813.67 719.31 20,050.68  Approximate number of members 184  ENGINEERS CREDIT UNION LITTLE ROCK, A R K A N SA S December 31, 1952 Liabilities  Assets L o a n s ___________________ $ Bonds and securities____ Cash on hand and in banks Other a s s e ts ____________  33,205.25 3,000.00 5,826.44 70.94  Total assets_____ ^____ $  42,102.63  Shares _________ Guaranty fund Undivided profits Other liabilities Total liabilities______ $  38,945.61 1,202.95 1,948.91 5.16 42,102.63  Approximate number of members 265  FEDERATION CREDIT UNION LITTLE ROCK, A R K A N SA S December 31, 1952 Liabilities  Assets L o a n s ___________________ $ Bonds and securities____ Cash on hand and in banks Other a s s e ts ____________  52,747.12 4,740.00 1,429.72 5.00  Shares __________________ $ Notes p a y a b le __________ Guaranty fu n d __________ Undivided p r o fit s ______ Other liabilities_________  46,055.89 3,500.00 2,957.67 831.01 5,577.27  Total a s s e t s _________ $  58,921.84  Total lia b ilitie s______ $  58,921.84   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Approximate number o f members 305  144  State of Arkansas:  Bank Department  FRANKE!S CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s _________________ $ Cash on hand and in banks  2,794.72 2,002.69  Shares -------------------------$ Guaranty fu n d _________ Undivided p r o fits ______  3,959.66 617.72 220.03  Total assets--------------- $  4,797.41  Total liabilities_______$  4,797.41  Approximate number of members 129  GAZETTE EMPLOYEES’ CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s _________________ $ Bonds and securities----Cash on hand and in banks  2,919.41 3,200.00 1,180.06  Shares _________ Guaranty fund __ Undivided profits  6,614.57 559.74 125.16  Total a s s e ts _________$  7,299.47  Total liabilities  7,299.47  Approximate number of members 63  KEMBA LITTLE ROCK CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s _________________ $ Bonds and securities_____ Cash on hand and in banks  21,051.80 16,489.00 20,400.10  Total a ss e ts_________$  57,940.90   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Shares _________ Guaranty fund Undivided profits Total liabilities_____,$  Approximate number of members 226  49,892.41 3,227.78 4,820.71 57,940.90  145  Thirty-Ninth Report  LITTLE ROCK CITY EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Assets  Liabilities  L o a n s _________________ $ 1,818.80 Cash on hand and in banks 52.36 ------------------Total a ss e ts _________$ 1,871.16  Shares _________________ 1,776.97 17.00 Guaranty fu n d ________ Undivided p r o fit s ______ 7749 ------------------Total liabilities______$ 1,871.16  Approximate number o f members 59  LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYMENT CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s_________________ $ Bonds and securities___ Cash on hand and in banks Total assets__________$  2,342.96 Shares ________________ $ 2,400.00 Guaranty fu n d __________ 2,194.87 ‘ Undivided p r o fit s ______ Other liabilities________  4,623.00 340.88 257.15 1,716.80  6,937.83  6,937.83  Total liabilitiees____ $  Approximate number of members 67  LITTLE ROCK POSTAL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Assets L o a n s-------------------------- ! Bonds and securities----Cash on hand and in banks Total assets   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Liabilities 65,349.33 4,590.00 . 4,529.76  S h a res_________ Guaranty fu n d _ Undivided profits  63,620.79 6,812.86 4,035.44  74,469.09  Total liabilities  74,469.09  Approximate number of members 368  State of Arkansas:  146  Bank Department  SOUTHWEST HOTELS CREDIT ASSOCIATION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets _ __ $ Loans _ Bonds and securities___ Cash on hand and in banks Total assets___  $  22,552.36 10,000.00 6,407.62 38,959.98  Shares ____________ -$ Guaranty fu n d ________ Undivided profits _ Total liabilities  35,751.14 1,425.00 1,783.84  -$  38,959.98  -$  5,326.35 142.54 257.06  Approximate number of members 300  STATE CENTRAL CREDIT UNION LITTLE ROCK,, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s _______ _ __ __ $ Bonds and securities___ Cash on hand and in banks Other assets Total assets  $  4,071.71 1,000.00 653.24 1.00 5,725.95  Shares Guaranty fund _ _ Undivided profits Total liabilities  5,725.95  Approximate number of members 57  TELCOE CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Assets  Liabilities  L o a n s -------------------------- > Cash on hand and in banks Other assets -----------------  59,013.29 2,510.56 576.95  Shares ________________ $ Guaranty fu n d _________ Undivided p r o fits _______ Other liabilities________  59,867.75 637.00 1,473.07 122.98  Total a s s e t s _________ $  62,100.80  Total lia b ilitie s______ $  62,100.80   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Approximate number o f members 824  147  Thirty-Ninth Report  U. D. CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets  L o a n s _________________ $ Cash on hand and in banks Other assets ___________  3,563.00 168.95 46.35  Total assets__________$  3,778.30  L iabilities___ Notes payable Guaranty fund Total liabilities  3,738.75 1.80 37.75 3,778.30  Approximate number of members 156  U. S; TIME EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets  L o a n s-------------------------- $ Cash on hand and in banks Other assets___________  19,753.69 .606.83 19.63  Total a ss e ts------------- $  20,380.15  Shares _________ Notes p aya b le_ Guaranty fund __ Undivided profits Total liabilities______$  17,827.96 2,000.00  178.84 373.35 20,380.15  Approximate number of members 279  VETERANS ADMINISTRATION EMPLOYEES CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Assets  Liabilities  Loans ___________________ $19,454.76 Bonds and securities___ 3,500.00 Cash on hand and in banks 8,453.37 Other assets___________ 249.16 Total a s s e t s _________ $   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  31,657.29  Shares -------------------------$ Guaranty fu n d __________ Undivided p r o fit s ______ Other liabilities________  28,662.19 1,384.03 1,598.27 12.80  Total lia b ilitie s______ $  31,657.29  Approximate number o f members 320  148  State of Arkansas: Bank Department  V.  A. HOSPITAL CREDIT UNION LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s _________________ ! Cash on hand and in banks  5,867.50 1,400.88  Total a s s e ts ------------- $  7,268.38  Shares _________ Guaranty fund __ Undivided profits Total liabilities______$  7,025.00 30.75 212.63 7,268.38  Approximate number of members 99  THE FORT ROOTS CREDIT UNION NORTH LITTLE ROCK, ARKANSAS December 31, 1952 Assets L o a n s _________________ ! Bonds and securities___ Cash on hand and in banks Other a ssets___________  50,783.01 13,375.50 4,429.65 549.98  Total a ss e ts _________$  69,138.14  Liabilities Share? ________________ $ Guaranty fund __________ Undivided p r o fit s ______  67,604.68 893.87 639.59  Total liabilitiees_____$  69,138.14  Approximate number of members 408  NORTH LITTLE ROCK-MISSOURI PACIFIC CREDIT UNION NORTH LITTLE ROCK, ARKANSAS December 31, 1952 Liabilities  Assets L o a n s _________________ J Bonds and securities___ Cash on hand and in banks Other a ssets________.!__  11,857.69 800.00 1,112.71 1.00  Total a s s e t s _________ $  13,771.40   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Shares _________ Guaranty fund __ Undivided profits Total lia b ilitie s______ $  Approximate number o f members 278  12,133.67 1,320.49 317.24 13,771.40  Thirty-Ninth Report  149  MISSOURI PACIFIC-PARAGOULD CREDIT UNION PARAGOULD, A R K A N SA S December 31, 1952  Assets L o a n s ___________________ ! Cash on hand and in banks Other assets ___________  10,268.20 555.34 129.49  Liabilities Shares __________________ $ Guaranty fu n d __________ Undivided p r o fit s ______  10,367.12 284.43 301.48  Total a s s e t s __________ $  10,953.03  Total liabilities______ $  10,953.03   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  Approximate number of members 121  P. B. M. CREDIT UNION PINE BLUFF, A R K A N SA S Permit April 1 1953  150  State of Arkansas:  Bank Department  QUALIFIED STOCK EXCHANGES  Securities listed on the followng Stock Exchanges may be qualified by notification 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.   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  American Stock Exchange Chicago Board of Trade Chicago Stock Exchange New York Produce Exchange New York Stock Exchange  Thirty-Ninth Report  151  ISSUERS REGISTERED BY QUALIFICATION IN A R K A N SA S UNDER ACT 397 OF 1947 June 30, 1953  Affiliated Fund, Inc_________________________________ New York, New York American Business Shares, Inc______________________ New York, New York American Financial & Development Corp. For Israel_New York, New York American Trusteed Funds, Inc----------------------------------- New York, New York Axe-Houghton Fund A, Inc-------------------------------------- Tarrytown, New York Axe-Houghton Fund B, Inc__________________________ Tarrytown, New York Bankers Insurance Co._______________________________Conway, Arkansas Blue Ridge Mutual Fund, Inc________________________ New York, New York Bond Fund of Boston________________________________Boston, Massachusetts Boston Fund, Inc_____________ ,_____________________ Boston, Massachusetts Broad Street Investing Corp_________________________New York, New York Canada General Fund, Inc.__________________________ Boston, Massachusetts Canadian Fund, I n c _________________________________ New York, New York Canadian Prospect, Ltd_____________________________ Alberta, Canada Central Transformer Corp___________________________ Pine Bluff, Arkansas Century Shares Trust_______________________________Boston, Massachusetts Chemical Fund, Inc._________________________________ New York, New York Commonwealth Investment Co_______________________San Francisco, Calif. Commonwealth Stock Fund, Inc_____________________ San Francisco, Calif. The Continental Royalty Co_________________________ Dallas, Texas Corporate Leaders of America, Inc.__________________ New York, New York Crown Western Investments, Inc____________________Dallas, Texas Dealers Finance Co., Inc.____________________________Bentonville, Arkansas Diversified Funds, I n c .______________________________Elizabeth, New Jersey Dividend Shares_____________________________________ New York, New York Eaton & Howard Balanced Fund, Inc.________________ Boston, Massachusetts Eaton & Howard Stock Fund, Inc___________________ Boston, Massachusetts Financial Industrial Fund, Inc.______________________ Denver, Colorado Fidelity Fund, Inc---------------------------------------------------- Boston, Massachusetts Founders Mutual Depositor Corp_____________________Denver, Colorado Franklin Custodian Funds, Inc_______________________ New York, New York Fundamental Investors, Inc_________________________ Elizabeth, New Jersey Gas Industries Fund, Inc-------------------------------------------Boston, Massachusetts Group Securities, Inc_______________________________ Jersey City, N. J. Growth Companies, Inc_____________________________ Philadelphia, Pa. Guaranty Investment Co____________________________ Pocahontas, Arkansas Guaranty Loan & Real Estate Co___________________ West Memphis, Ark. Gulf Interstate Gas Co._i__________________________ Houston, Texas Gulf Life Insurance Co., Inc_________________________ Jacksonville, Florida Hamilton Fund, Inc_________________________________ Denver, Colorado Home Appliance Distributors of Arkansas, Inc_______ Little Rock, Arkansas Incorporated Investors______________________________ Jacksonville, Florida Institutional Shares, Ltd____________________________ New York, New York Industrial Development, of Little Rock______________ Little Rock, Arkansas Institutional Income Fund, Inc_______________________ New York, New York Investors Mutual, Inc_______________________________ Minneapolis, Minn. Investors Selective Fund______________ ______________ Minneapolis, Minn. Investors Stock Fund_______________________________Minneapolis, Minn. Investors Syndicate of America, Inc________________ Minneapolis, Minn. Keystone Custodian, Inc-------------------------------------------Boston, Massachusetts Lawton Oil Corporation____________________________ Magnolia, Arkansas Managed Funds, Inc------------------------------------------------- St. Louis, Missouri Manhattan Bond Fund, Inc----------------------------------------- Elizabeth, New Jersey Massachusetts Investors GrowthStock Fund, Inc.------- Boston, Massachusetts Massachusetts Investor’s Trust----------------------------------Boston, Massachusetts  http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  152  State of Arkansas:  Bank Department  Mi Fry Ca Mineral & Research Corp________________ Little Rock, Arkansas Mississippi Chemical Corp___________________________ Yazoo City, Mississippi Mississippi Valley Co______________________________ Jonesboro, Arkansas E. M. Moore Enterprise, Inc._______________________ Pine Bluff, Arkansas National Investors Corp______ :______________________ New York, New York National Securities & Research Corp________________ New York, New York Nation Wide Securities Co., Inc_____________________New York, New York North Webster Parrish Lease & Oil Co., Inc__________ Little Rock, Arkansas Pioneer Fund, Inc.__________________________________ New York, New York The George Putnam Fund of Boston__________________ Boston, Massachusetts Republic Investors Fund, Inc_________________________Tarrytown, New York Rose Courts, Inc___________________________________ Little Rock, Arkansas Scudder, Stevens & Clark Fund, Inc________________ Boston, Massachusetts Selected American Shares, Inc_______________________Chicago, Illinois Television Electronics Fund, Inc_____________________Chicago, Illinois Texas Fund, Inc.-____________________________________Houston, Texas Texas Industries, Inc._______________________________Dallas, Texas United Funds', Inc___________________________________ Kansas City, Missouri Accumulative Fund____________ Continental Fund Income Fund & Accumulative Fund_Science Fund Value Line Fund, Inc_______________________________ Boston, Massachusetts Value Line Income Fund, Inc._______________________ Boston, Massachusetts Wellington Company________________________________Camden, New Jersey Western Natural Gas______________________________ Houston, Texas Wisconsin Investment Co.___________________________ Milwaukee, Wisconsin   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  153  Thirty-Ninth Report  ISSUERS REGISTERED BY NOTIFICATION IN ARKANSAS UDER ACT 397 OF 1947 JUNE 30. 1953 Anheuser-Busch, Inc______________ Associates Investment Co.________ Carpenter Paper Co._______________ Central and Southwest Corp._____ Central Power and Light Co.___i__. Colorado Fuel and Iron Corp._____ El Paso Natural Gas______________ Fedders Quigan Corp.______________ Franklin Stores, Inc________________ General Acceptance Corp._________ General Contract Corp.___________ General Telephone Corp.__________ International Harvester Co._______ Maryland Casualty Co.____________ Phillips Petroleum Co._____________ Pittsburgh Plate Glass Co________ Pittston Co._______________________ L. P. Price Mercantile Co________ Seaboard Finance Co____________ Sinclair Oil Corp__________________ The Southern Co.___________________ Standard Oil Co._________________ Sunray Oil Co______________________ Sylvania Electrical Products, IncWestern Natural Gas Co__________ Westinghouse Electric Corp______ White’s Auto Stores______________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  St. Louis, Missouri South Bend, Indiana Omaha, Nebraska Wilmington, Delaware Corpus Christi, Texas Denver, Colorado El Paso, Texas Long Island, New York New York, New York Allentown, Pa. St. Louis Missouri New York, New York Chicago, Illinois Baltimore, Maryland Bartlesville, Oklahoma Pittsburgh, Pa. New York, New York New York, New York Los Angeles, Calif. New York, New York Wilmington, Delaware Chicago, Illinois Tulsa, Oklahoma New York, New York Houston, Texas Pittsburg, Pa. San Antonio, Texas  154  State of Arkansas:  Bank Department  DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT SECURITIES IN ARKANSAS AS OF JUNE 30, 1953 American Financial & Development Corporation for Israel__________________________________ Walter R. Bass Company_______________________ Capital Investment Company___________________ Lewis W. Cherry Company_____________________ Joel H. Clark, an individual_____________________ Clisbee, Thompson and Company_______________ J. W. Cobb & Company_______________________ Dyke Associates, Inc___________________________ A. G. Edwards & Sons_________________________ Eppler, Guerin & Turner_______________________ Equitable Securities Corporation_______________ Henry Hagelstein______________________________ Hamilton Management Corporation_____________ Hill, Crawford & Lanford, Inc__________________ Investment Service Corporation________________ Investors Diversified Services, Inc_____________ Paul B. Jones & Company______________________ E. Davis Kolb_________________________________ Kurt Kauffmann_______________________________ Merrill Lynch, Pierce, Fenner & Beane__________ King Merritt & Company, Inc__________________ Raney Brothers, Inc___________________________ T. J. Raney & Sons____________________________ Renyx, Field & Company, Inc__________________ Salomon Brothers & Hutzler___________________ Scudder Fund Distributors, Inc_________________ Securities Management Corporation____________ Slayton and Co., Inc------------------------------------------Southern Securities Corporation________________ W. R. Stephens, Investments__________________ Dabbs Sullivan Company__________ r____________ E. L. Villareal & Company_____________________ Waddell & Reed, Inc___________________________ Walton & Company, Inc_______________________ J. O. (Blue) Whitaker________________________ Womeldorff & Lindsey________________________   http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis  New York, New York -Little Rock, Arkansas -Little Rock, Arkansas -Little Rock, Arkansas -Texarkana, Arkansas -Tulsa, Oklahoma -Little Rock, Arkansas -Little Rock, Arkansas _St. Louis, Missouri -Texarkana, Arkansas -Nashville, Tennessee -Harrison, Arkansas -Denver, Colorado -Little Rock, Arkansas -Denver, Colorado -Minneapolis, Minnesota -Little Rock, Arkansas -Fort Smith, Arkansas -Hot Springs, Arkansas -New York, New York -New York, New York -Little Rock, Arkansas -Little Rock, Arkansas _New York, New York -New York, New York -Boston, Massachusetts -Dallas, Texas _St. Louis, Missouri _ Little Rock, Arkansas _Little Rock, Arkansas _ Little Rock, Arkansas _Little Rock, Arkansas -Kansas City, Missouri _ Little Rock, Arkansas _ Fort Smith, Arkansas -Little Rock, Arkansas
Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102