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REPORT OF
THE
BANK COMMISSIONER
OF ARKANSAS




19 5 0

SID M cMATH
Governor

ED I. M cKIN LEY, Jr.
State Bank Commissioner




THIRTY-SIXTH REPORT
OF TH E

BANK COMMISSIONER
OF TH E

STATE OF ARKANSAS

FO R TH E Y E A R ENDING JUNE ,30, 1950

ED I. M cK IN ^EY, Jr.
State Bank Commissioner




ST A T E O F A R K A N SAS
OFFICE O F ST A T E BANK D E PA R TM E N T
L IT T L E ROCK, A R K A N SAS
July 30, 1950
To His Excellency
Sid McMath
Governor of Arkansas
Sir:
I have the honor of submitting to you the Thirty-Sixth Annual
Report o f the State Bank Department for the fiscal year ending June
30, 1950, in compliance with the terms and provisions of Act 113 of
1913 (Now found in Section 67-111, Arkansas Statutes of 1947). The
report reflects the condition o f State chartered banks and trust com­
panies, building and loan associations, industrial loan companies, credit
unions and other factual data pertaining to the operation of the Depart­
ment.
During the period covered by this report the banks and trust com­
panies increased their resources $12,103,000, for an all time high as
shown by previous reports. The compiled report as of June 30, 1950,
reflect that these resources were composed o f the following:
U. S. Government obligations.......................... $158,652,000 or 41.3%
Cash and due from banks.—............................ 102,081,000 or 26.6%
Municipal and other bonds.............................. 26,025,000 or 6.6%
Loans and discounts.......................................... 94,149,000 or 24.5%
Bank buildings, equipment, real
estate and other resources........................
2,908,000 or 1.0%
383,815,000

100. %

Since June 30, 1949, the total capital funds in all State banks and
trust companies have increased $2,682,744.91. bringing the total capital
funds to a record high of $29,064,457.02. The banks are to be com­
mended for their continuing policy of retention of a large part of their
earnings to increase their capital accounts and, so, giving greater pro­
tection to the public.
The President o f the United States in his message to Congress on
July 19, 1950, pointed out that as a further important safeguard against
inflation we shall need to restrain credit expansion and that if we are
to be successful there must be sensible and restrained action by busi­
nessmen, laborers, farmers, and consumers.
The banks and other lending institutions of this State have demon­
strated by their loyal response at critical periods in the past that they
will stand united with their Government in the situation that now con­
fronts us, and I feel confident that the banks and all other institutions
engaged in extending credit in this State will exercise special care in
their lending and investment activities,



The Department again is mindful and deeply appreciative of the
fine cooperation it has received from the Office of the Governor, the
Members of the State Banking Board and the various other depart­
ments of the State Government.




Respectfully submitted,
Ed I. McKinley, Jr.
State Bank Commissioner

TABLE OF CONTENTS

Page
Legal Holidays.................................................................................................................... 7'
Departmental Roster......................................................................................................... 8
Commissioners of State Bank Department...............................................................9
Receipts and Disbursements............................................................................................9
Comparative Abstract showing condition of State Banks and Trust
Companies as of June 30, 1950 and June 30, 1949........................................... 10
Comparative Abstract showing condition of State and National
Banks as of December 31, for the years 1949-1945......................................... 11
Comparative statement of condition of State Banks and Trust
Companies for the past thirty-three years....................................................... 12
Consolidated report of Earnings and Dividends of State Banks and
Trust Companies for the twelve months ending December 31, 1949.........13
Banking Facilities by Counties including State and National
Banks, Teller’s Windows and Cooperative Exchanges.............................. 14-15
National Banks in Arkansas........................................................................................16
Members of Federal Reserve System........................................................................ 17
Commercial Banks Non-Members of Federal Deposit Insurance Corporation....17
Trust Companies not engaged in commercial banking and non-members
of Federal Deposit Insurance Corporation......................................................... 17
State Banks Operating Teller’s Windows.............. ................................................. 18
National Banks Operating Teller’s Windows...........................................................IS
New Banks Chartered..................................................................................................... 18
Amendments Altering Capital Structure................................................................... 18
Amendments changing number of Directors............................................................. 19
Banks which have retired Preferred Stock.............................................................19
Individual statement of condition of all State Banks and Trust
Companies as of June 30, 1950...................................................................... 20-108
Combined and individual statement of condition of Cooperative
Exchanges as of June 30, 1950.....................................................................109-112




BUILDING AND LOAN AND SECURITIES DIVISION
Combined and individual statement of condition of Building and
Loan Associations as of December 31, 1949..............................................115-119
List of Voluntarily Liquidating State Chartered Building and
Loan Associations.................................................................................................... 120
Combined and individual statement of condition of Industrial Loan
Institutions operating under Act 111 of 1941 as of June 30, 1950.......122-125
Combined and individual statement of condition of Industrial Loan
Institutions operating under Act 135 of 1937 as of June 30, 1950.........126-138
Combined and individual statement of condition of Credit Unions
as of December 31, 1949.................................................................................139-145
Qualified Stock Exchanges................................................

146

Dealers authorized to sell qualified or exempt Securities
as of June 30, 1950.................................................................................................. 147
Combined operating statement of Burial Associations for Twelve
month period ending December 31, 1949.......................................................... 148
Burial Associations authorized to sell membership certificates
as of June 30, 1950..................................................... ............ ........................149-151




LEG AL H O LID A Y S
Newr Year’s Day......................................... ....January 1.
Robert E- Lee’s Birthday......................... ....January 19.
George Washington’s Birthday............... —.February 22.
Memorial Day............................................. ...May 30.
Independence Day....................................... ...July 4.
Commemorating the end of W orld War II..August 14.
Labor Day................................................... ....First Monday in September.
Armistice Day............................................. — November 11.
Thanksgiving Day..................................... — Last Thursday in November.
Christmas Day............................................. ....December 25.
All Biennial Statewide Primary and General Election Days.
All Bills o f Exchange, Drafts 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.




8

State o f Arkansas: Bank Department

D E P A R T M E N T A L R O STE R
Ed I. McKinley, Jr.............................................. State Bank Commissioner
Theo P. Carson........................................... Assistant Bank Commissioner
John L. Carter................................ .......Assistant Commissioner in charge
Building and Loan and Securities
Division.

BAN K E X A M IN E R S
D. S. Patterson

F. C- Rayburn
J. A. Welty

A SSIST A N T E XA M IN ERS
Herman H. Cooper, Jr.

James Penick, Jr.
Allan Rainwater

B U ILD IN G AN D LO AN AN D SECU RITIES E X A M IN E R
G. C. Mangum

SE C R E T A R Y T O B AN K COM M ISSION ER
Audrey Arnn

CLERKS AN D STE N O G RAPH ERS
Helen Lea

Helen James

Nora S. Powers

ST A T E BAN KIN G BOARD
C. E. Crossland, Chairman..........................................
Howard East..................................................................
Louis E. Hurley............................................................
Richard T. Steel............................................................
Grover E. Snider...........................................................




Little Rock
....... Camden
..El Dorado
....... Conway
........ Manila

9

Thirty-sixth Report

COMMISSIONERS OF THE STATE BANK DEPARTMENT
STATE OF ARKANSAS
No.
Name
Date of Appointment
Date Service Ended
1. John M. Davis.........March 6, 1913..................... October 3, 1918
2 . A. J. Reap.................October .3, 1918....................March 22, 1919
3. W. T. Maxwell......... March 22, 1919........... ..........September 1, 1921
4. Charles McKee.........September 1, 1921................July 28, 1925
5. Loid Rainwater......... July 28, 1925....................... February 8, 1927
6. Walter E. Taylor..... .February 8, 1927................. January 10, 1933
7. Marion Wasson......... January 10, 1933..................January 12, 1937
8 . Grover S. Jernigam...January 12, 1937................January 14, 1941
9. Thomas W. Leggett....January 14, 1941................ February 1, 1949
10. S. J. Dean.................February 1, 1949..................December 31, 1949
11. Ed I. McKinley, Jr....December 31, 1949.............
The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1949 to June 30, 1950.
RECEIPTS
Cash balance with State Treasurer June 30, 1949..................................$ 47,924.02
Examination and assessment fees Bank Department.......$ 26,293.00
Charter and amendment fees Bank Department..............
1,003.00
Miscellaneous fees Bank Department..................................
14.12
Examination and assessment fees Building and
Loan Division.....................................................................
1,647.49
Miscellaneous fees Securities Division................................ 19,117.92
48,075.53
%

95,999.55

DISBURSEMENTS
Salary of Bank Commissioner............................................... $ 5,000.00
4,800.00
Salary of Assistant Bank Commissioner............................
Salary of Assistant Commissioner Securities Division....
4,200.00
Salaries of Bank Examiners................................................... 12,250.00
Salaries of Assistant Bank Examiners.............................. 11,705.00
Salaries of Office Force..............
7,800.00
Travel Expense...................................................:...................... 10,280.26
Maintenance................................................
8,185.42
Printing Annual Report and Digest of Banking Laws.....
1,225.68
1,531.30
Charges by State Treasurer..............
Cash balance with State Treasurer June 30, 1950..................................




66,977.66
29,021.89
$ 95,999.55

COMPARATIVE ABSTARCT SHOWING THE CONDITION OF STATE BANKS AND TRUST
OF ARKANSAS AS OF JUNE 30, 1950 AND JUNE 30, 1949
Number of banks reporting

June 30, 1950
176

COMPANIES

Increase
2

June 30, 1949
174 '

Decrease

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

$102,081,300.50
158,652,315.47
26,024,545.56
94,148,724.64
2,255,094.57
62,303.13
590,709.59

$ 96,605,765.21
148,075,011.08
23,346,263.41
101,075,186.13
1,968,762.60
97,799.21
543,083.38

TOTAL RESOURCES..........................

$383,814,993.46

$371,711,871.02

$ 12,103,122.44 (Net)

LIABILITIES:
Demand deposits....................................
Savings and time deposits...................
U. S. Government deposits.............
Public funds............................................
Deposits of banks..................................

$256,230,795.42
42,144,184.29
3,105,759.34
41,344,379.47
11,463,022.18

$259,682,832.48
40,107,773.70
2,207,688.78
33,193,725.11
9,708,714.42

$

TOTAL DEPOSITS................................
Other Liabilities........................................ .

$354,288,140.70
462,395.74

$344,900,734.49
429,424.42

$

9,387,406.21
32,971.32

(Net)

TOTAL LIABILITIES..........................

$354,750,536.44

$345,330,158.91

$

9,420,377.53

(Net)

$

$

9,366,000.00
8,558,500.00
8,457,212.11

$

436.500.00
937.500.00
1,308,744.91
2,682,744.91

9,802,500.00
9,496,000.00
9,765,957.02

•

5,375,535.29
10,577,304.39
2,678,282.15

6,826,461.49
286,331.97
35,496.08
47,626.21

$

2,036,410.59
898,070.56
8,150,654.36
1,754,307.76

TOTAL CAPITAL ACCOUNTS........

$ 29,064,457.02

$ 26,381,712.11

$

TOTAL CAPITAL ACCOUNTS
AND TOTAL LIABILITIES.........

$383,814,993.46

$371,711,871.02

$ 12,103,122.44




$

(Net)

3,452,037.06

State of Arkansas: Bank Department

CAPITAL ACCOUNTS:
Capital stock............................. ..............
Surplus ....................................................
Undivided profits and reserves.........

$

COMPARATIVE

ABSTRACT

SHOWING CONDITION OF STATE AND NATIONAL BANKS OF ARKANSAS
AS OF DECEMBER 31, 1949-1945
1949
227

1948
225

1947
221

1946
219

1945
215

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

$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
881.000

$262,687,000
357.347.000
63,080,000
152.089.000
3.425.000
132,000
1.110.000

$263,804,000
379.312.000
56,317,000
125.931.000
3,122,000
134.000
702.000

$267,053,000
388.531.000
43,719,000
102.261.000
2,880,000
159.000
884.000

TOTAL RESOURCES..................................

$857,388,000

$856,713,000

$839,870,000

$829,322,000

$805,487,000

LIABILITIES:
Capital stock....................................... ....... .
Surplus..............................................................
Undivided profits and reserves................

$ 18,133,000
20.591.000
16.850.000

$ 17,536,000
18.645.000
14.680.000

$ 16,726,000
17.142.000
12.047.000

$ 15,014,000
16.074.000
11.145.000

$ 14,037,000
13,577,000
8,812,000

Total capital accounts.............................. .
D eposits..... .......................... ....... ...... .............
Other liabilities..............................................

$ 55,574,000
799,721,000
2,093,000

$ 50,861,000,
804,138,000
1,714,000

$ 45,915,000
792,577,000
1,378,000

$ 42,233,000
786,115,000
974,000

$ 36,426,000
768,348,000
713,000

TOTAL LIABILITIES..................................

$857,388,000

$856,713,000

$839,870,000

$829,322,000

$805,487,000




Thirty-sixth Report

Number of banks

COMPARATIVE STATEMENT OF CONDITION OF STATE BANKS AND TRUST
FOR PAST THIRTY-THREE YEARS
Number
Banks

Date
29,
30,
30,
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,

1918...................
1919......... .........
1920...... .
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...................




389
386
404
406
402
403
397
396
394
376
358
347
329
265
223
202
189
180
178
176
171
167
169
166
166
161
161
163
169
170
174
174
176

$ 90,194,100
109,447,800
129,669,700
104,393,600
106,276,400
128,580,700
123,365,300
136,552,900
142,107,300
134,788,700
135,849,800
137,636,800
131,936,800
92,097,800
62,043,400
47,335,000
41,756,400
50,646,500
59,441,000
66,036,600
66,771,000
73,397,300
79,079,100
94,733,000
128,975,900
190,153,500
226,832,800
302,720,500
355,193,200
346,132,500
340,469,900
344,900,700
354,288,100

Loans and
Discounts
$ 78,279,700
93,519,700
133,256,200
113,064,400
101,031,600
109,443,400
114,950,900
117,669,200
123,464,400
112,051,800
109,167,900
109,438,700
111,542,200
67,063,800
46,374,800
29,925,600
23,434,300
25,039,400
22,088,500
24,965,600
29,138,400
36,443,100
32,496,900
33,420,100
30,666,600
30,497,300
42,121,000
50,282,600
49,928,600
70,403,400
82,157,200
101,075,200
94,148,700

Borrowed
Money
$ 7,823,100
14,338,600
29,775,800
27,416,000
14,857,200
9,639,800
14,237,400
13,403,100
13,078,300
8,011,600
7,120,500
8,333,200
12,018,900
3,356,600
7,676,700
6,798,200
3,515,800
320,500
148,300
233,500
88,100
206,100
72,300
75,100
56,700
83,700
81,700
106,700
131,700
116,700
221,700
118,200
148,200

Cash
$ 23 321,400
30,106,900
30.754.800
25,680,400
27,074,700
34,083,000
28,651,300
34,129,800
35,902,800
35,390,100
33,484,400
32,607,700
30,886,200
26,347,000
20,014,800
19,530,100
18,594,700
20,827,300
29.198,000
28,661,800
26,501,600
27,761,400
34,852,000
46,087,100
75.993,000
88,424,600
87,156,400
115,746,100
114,416,400
102,647,800
96,311,500
96,605,800
102,081,300

U. S. Gov’t
Bonds

Capital
Structure

Total
Resources

$

$ 20,898,400
21,441,000
24,582,100
25,474,800
25,270,900
25,842,200
25,770,300
25,186,900
25,374,100
24,424,800
23,434,400
23,593,100
23,169,300
17,551,500
14,937,100
12,398,500
12,047,800
11,693,400
11,769,900
12,059,300
12,084,800
12.280,700
12,567,100
12,805,500
13,316,600
13,904,500
15,076,800
16,624,500
18,908,900
21,414,700
23,769,900
26,381,700
29,064,500

$118,318,000
145,181,000
184,146,700
157,210,300
145,697,700
162,928,400
161,946,800
171,348,400
179,174,100
167,369,800
167,013,100
170,668,000
168,358,500
114,721,200
85,708,100
67,506,400
57,423,900
62,770,700
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

7,832,500
12,295,800
9,830,300
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

State of Arkansas: Bank Department

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

Deposits

COMPANIES

Thirty-sixth Report

13

CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR THE TWELVE
MONTHS ENDING DECEMBER 31, 1949
EARNINGS:
Interest and discount on loans............................$5,187,544.54
Interest and dividends on securities.................. 2,969,371.61
Service charges, exchange charges, etc............ 2,471,797.48
Other operating earnings...................................
350,529.09
Total earnings from operations............................................... $10,979,242.72
EXPENSES:
Salaries, wages and director’s fees.......................$3,586,504.36
Interest paid............................................................... 366,764.67
Taxes other than income.....................
235,291.60
Taxes on income.....................................................
958,474.99
Other current expenses......................................... 2,130,686.22
Total current operating expenses

7,277,721.84

Net current operating earnings

3,701,520.88

RECOVERIES AND PROFITS:
Recoveries and profits on securities sold.........$ 87,360.82
Recoveries on loans...............................................
111,504.36
All others.............................................. ...................... 109,912.17
308,777.35
Total ............................................................................................... $ 4,010,298.23
LOSSES CHARGED OFF:
On securities...................... ... ................................$ 86,897.20
On loans........................................... ......................... 581,151.75
249,210.33
All others..................................................................
917,259.28
Net profits before dividends................................................... $ 3,093,038.95
DIVIDENDS PAID:
Cash dividends paid on common stock.............. $ 887,975.00
On preferred stock.................................................
1,083.08
889,058.08
Net profits after dividends.......................................................$ 2,203,980.87
OTHER INCREASES IN CAPITAL ACCOUNTS:
New common stock sold....................................... $ 120,000.00
Premium on common stock sold..........................
50,000.00
Other contributions.................................................
10,000.00
180,000.00
Total

............................................................................................. $ 2,383,980.87

OTHER DECREASES’ IN CAPITAL ACCOUNTS:
Preferred stock retired......................................................................

12,500.00

NET ADDITION TO CAPITAL ACCOUNTS FOR 1949...........$ 2,371,480.87



14

State o f Arkansas: Bank Department
BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS. TELLER’S WINDOWS AND
COOPERATIVE EXCHANGES

County
Arkansas........
Ashley.............
Baxter.............
Benton............
Boone..............
Bradley...........
Calhoun..........
Carroll............
Chicot.............
Clark..............
Clay.................
Cleburne.........
Cleveland.......
Columbia........
Conway...........
Craighead......
Crawford........
Crittenden.....
Cross...............
Dallas.............
Desha..............
Drew...............
Faulkner........
Franklin.........
Fulton.............
Garland..........
Grant..............
Greene............
Hempstead....
Hot Spring....
Howard..........
Independence.
Izard...............
Jackson..........
Jefferson........
Johnson..........
Lafayette.......
Lawrence.......
Lee..................
Lincoln...........
Little River...
Logan.............
Lonoke...........
Madison.........
Marion............
Miller.............
Mississippi....
Monroe...........
Montgomery..
Nevada...........
Newton..........
Ouachita........
Perry..............
Phillips..........
Pike................



State
Banks

National
Banks

Teller’s
Windows

2

1

1
4
2

1

1

1
1
3
4
3

2
2

2

1

2

Cooperative Exchange

6

1

2

2

1

1

1

5
4
4
3

1

1
1

2
2

1
1

3
1

1

2

2
1
1
1
1
1
1
1

*

1
2

2

1

1

1
1

1

3
2

2

3

1

1
2

1
1

1

2

1

2

1

1

2

1

1

1

1
1

6

1

1
5
3

1

1
1

1

1

4
1

4
3

3

1

2

1

15

Thirty-sixth Report
BANKING FACILITIES BY COUNTIES INCLUDING STATE AND
NATIONAL BANKS, TELLER’S WINDOWS AND
COOPERATIVE EXCHANGES

County
Poinsett.............................................. .
Polk........................................................
Pope........................................................
Prairie....................................................
Pulaski...................................................
Randolph...............................................
St. Francis..........................
Saline.....................................................
Scott.......................
Searcy....................................................
Sebastian..............................................
Sevier.....................................................
Sharp......................................................
Stone......................................................
Union......................................................
Van Buren............................................
Washington...........................................
White.....................................................
W oodruff...............................................
Yell.........................................................

State
Banks
5
1
5
2
4
2
2
1
1
2
4
2
4
1
4
1
5
7
2
3

National
Banks

Teller’s
Windows

Cooperative Exchange
1

1
1
3
2
1
3
1

1
1

2
2
1
1
1

1

176
52 v
U
7
________________________________________ .___________ _ X _____________________ \




16

State o f Arkansas: Bank Department
NATIONAL BANKS IN ARKANSAS

Name
Citizens National Bank...........................
First National Bank...................... ..........
First National Bank...................... ..........
First National Bank...................... ..........
First National Bank.................................
Citizens National Bank...........................
Farmers National Bank.........................
First National Bank.................................
First National Bank.................................
First National Bank.................................
First National Bank.................................
National Bank of Commerce...............
First National Bank.................................
First National Bank.................................
National Bank of Eastern Arkansas...
City National Bank.................................
First National Bank.................................
Merchants National Bank.....................
First National Bank.................................
First National Bank.................................
Arkansas National Bank.......................
Helena National Bank.............................
Phillips National Bank...........................
Citizens National Bank...........................
First National Bank.................................
Arkansas National Bank.........................
Planters National Bank...........................
First National Bank.................................
Peoples National Bank...........................
First National Bank.................................
Commercial National Bank...................
Peoples National Bank...........................
Union National Bank...............................
First National Bank................................
Malvern National Bank...........................
First National Bank................................
Planters National Bank...........................
First National Bank................................ .
First National Bank.................................
National Bank of Commerce.................
New First National Bank.......................
First National Bank.................................
National Bank of Commerce.................
Simmons National Bank.........................
American National Bank......................
First National Bank................................
Peoples National Bank..........................
State National Bank..............................
First National Bank................................
Citizens National Bank..........................
First National Bank of Lawrence Co.
First National Bank................................




Location

County

..Arkadelphia............... Clark
Ashdown............ ........Little River
.Batesville........... .......Independence
. Berry ville........... ........Carroll
..Blytheville......... ........Mississippi
.Camden.............. ........Ouachita
.Clarksville......... ........Johnson
..Conway............. ........Faulkner
.DeQueen............. ........Sevier
DeWitt................ .......Arkansas
.El Dorado.......... ........Union
.El Dorado.......... ........Union
.Fayetteville....... ........Washington
.Fordyce.............. ........Dallas
.Forrest City...... ....... St. Francis
.Fort Smith........ ........Sebastian
.Fort Smith.................Sebastian
.Fort Smith.................Sebastian
..Green Forest.... ........ Carroll
..Gurdon................ ........Clark
..Heber Springs... ........Cleburne
Helena................ ........Phillips
..Helena................ ........Phillips
..Hope................... ........Hempstead
..Hope................... ........Hempstead
..Hot Springs...... ........Garland
..Hughes............... ........St. Francis
..Huntsville.......... ........Madison
..Jonesboro.......... ........ Craighead
..Lewisville.......... ........Lafayette
..Little Rock................Pulaski
.Little Rock ............Pulaski
..Little Rock....... ........Pulaski
..Magnolia............ ........Columbia
..Malvern............. ........Hot Spring
..Marianna........... ........Lee
..Mena...........................Polk
..Nashville.................... Howard
..Newport............. ........Jackson
..Paragould.......... ........Greene
..Paragould.......... ........Greene
..Paris................... ........Logan
..Pine Bluff......... ........Jefferson
..Pine Bluff......... ........Jefferson
...Rogers............... ........Benton
..Springdale......... ........Washington
..Stuttgart............
..Texarkana......... ........Miller
..Tuckerman........ .......Jackson
..Walnut Ridge.............Lawrence
..Walnut Ridge... .........Lawrence
..Wynne................ ........Cross

17

Thirty-sixth 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
August 23, 1918............ Farmers Bank & Trust Company..................... 600,000.00
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........................ 150,000.00
Fordyce
September 25, 1942......Arkansas Trust Company................................... 600,000.00
Hot Springs
July 26, 1945................. Peoples Bank & Loan Company........................ 80,000.00
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.......................................
75,000.00
Smackover
May 20, 1921................. Bank of Waldron.................................................... 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 ^




State o f Arkansas: Bank Department

18

STATE BANKS OPERATING TELLER’S WINDOWS

Location

Name of Bank

....Bald Knob
....Benton
....DeWitt
....Forrest City
....Forrest City
...Greenwood
....McGehee
... ..Monette
....^sceola
....r sceola
....Paragould
....Plainview
....Prescott
....Siloam Spgs.
....Tuckerman
....Warren
....Wilson

Location
Teller’s
Window

County

Bradford
Bauxite
Gillett
Cotton Plant
DeValls Bluff
Hartford
Arkansas City
Caraway
Joiner
Luxora
Marmaduke
Ola
Emmet
Gentry
Swifton
Hermitage
Keiser

White
Saline
Arkansas
W oodruff
Prairie
Sebastian
Desha
Craighead
Mississippi
Mississippi
Greene
Yell
Nevada
Benton
Jackson
Bradley
Mississippi

NATIONAL BANKS OPERATING TELLER’S WINDOWS
State National Bank....................................Texarkana

Foreman

Little River

NEW BANKS CHARTERED
July 1, 1949 to June 30, 1950
Surplus

Charter
Number

Jacksonville State Bank, Jacksonville, Pulaski
County, August 2, 1949............................
$50,000.00

$10,000.00

701

Farmers State Bank, Lake City, Craighead
County, February 28, 1950......................

10,000.00

702

Name, Location and Date

Capital

50,000.00

AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1, 1949 to June 30, 1950
1. Bank of Amity, Amity, increased capital stock from $35,000.00 to $50,000.00 by sale of $15,000.00 par value of new stock.
2. Benton State Bank, Benton, increased capital stock from $75,000.00 to
$100,000.00 by the declaration of a 33%% stock dividend.
3. Bank of Bentonville, Bentonville, increased capital stock from $30,000.00
to $40,000.00 by the declaration of a 33%% stock dividend.
4. Bank of Crossett, Crossett, increased capital stock from $50,000.00 to
$100,000.00 by the declaration of a 100% stock dividend.
5. Bank of England, England, increased capital stock from $25,000.00 to
$50,000.00 by the declaration of a 100% stock dividend.
6. The First Bank, Griffithville, increased common stock from $3,500.00
to $11,000.00 by the declaration of a $7,500.00 stock dividend; retired $1,000.00
par value of preferred stock owned by the Reconstruction Finance Corporation,
leaving the total capital at $15,000.00 of which $11,000.00 is common stock and
$4,000.00 preferred stock.
7. Fordyce Bank and Trust Company, Fordyce, increased capital stock
from $50,000.00 to $100,000.00 by the declaration of a 100% stock dividend.
8. Prairie County Bank, Hazen, increased capital stock from $50,000.00
to $60,000.00 by the declaration of a 20% stock dividend.
9. Arkansas Trust Company, Hot Springs, increased capital stock from
$250,000.00 to $300,000.00 by the declaration of a 20% stock dividend.



19

Thirty-sixth Report

10. Bank of Keo, Keo, increased capital stock from $15,000.00 to $25,000.00
by the sale of $10,000.00 par value of new stock.
11. Bank of Melbourne, Melbourne, increased capital stock from $15,000.00
to $25,000.00 by the declaration of a 66%% stock dividend.
12. The Security Bank & Trust Company, Paragould, increased capital
stock from $50,000.00 to $75,000.00 by the sale of $25,000.00 par value of new
stock.
13. Bank of Salem, Salem, increased capital stock from $25,000.00 to
$50,000.00 by the declaration of a 100% stock dividend.
14. Merchants & Planters Bank, Sparkman, increased capital stock from
$10,000.00 to $20,000.00 by the declaration of a 100% stock dividend.
15. Bank of Trumann, Trumann, increased capital stock from $50,000.00 to
$100,000.00 by the declaration of a 100% stock dividend.

AMENDMENTS CHANGING NUMBER OF DIRECTORS
July 1, 1949 to June 30, 1950
Name
Location
Elk Horn Bank & Trust Company..... .....Arkadelphia............ .....
The Bank of Augusta............................ .....Augusta.................... .....
Farmers Bank & Trust Company....... .....Blytheville............... .....
Bank of Franklin.................................... .....Franklin................... .....
Clark County Bank................................ .....Gurdon..................... .....
Mercantile Bank...................................... .....Jonesboro................ .....
Merchants & Planters Bank................ .....Manila...................... .....
Marked Tree Bank.................................. .....Marked Tree........... .....
Bank of Mountain View........................ .....Mountain View....... .....
Pike County Bank.................................... .....Murfreesboro........ . .....
Citizens Bank........................................... .....Smithville................ .....
Merchants & Planters Bank................ .....Warren..................... .....

From
5 to 10
3 to 7
5 to 9
5
6
9
3 to 5
5
3
3 to 7
3 to 5
3 to 9

To
5 to 12
5 to 11
7 to 15
3
3 to 9
9 to 15
3 to 9
6
3 to 7
3 to 9
3 to 10
5 to 12

BANKS DISCONTINUING TELLER’S WINDOWS
July 1, 1949 to June 30, 1950
Location of
Teller’s
Name
Location
Window
Date
Danville State Bank
_____Danville............. Belleville............ January 21, 1950
The Searcy Bank....................Searcy.................Pangburn........... February 28, 1950

BANKS WHICH HAVE RETIRED PREFERRED STOCK
July 1, 1949 to June 30, 1950
Name
Location
Bank of Dierks..............................................Dierks ......................................$
First Bank......................................................Griffithville ........
Citizens Bank.................................................Pottsville ..................................




Amount
5,000.00
1,000.00
7,500.00

$13,500.00

State o f Arkansas: Bank Department

20

T H IR T Y -S IX T H REPORT
of

STATEMENT OF ARKANSAS BANKS
AND TRUST COMPANIES
AS S H O W N BY T H E C A L L OF JU N E 30, 1950
Cities and Towns Alphabetically Arranged by Postoffices

C O M M E R C IA L BANK A T A L M A , A L M A

Crawford County
Chartered January 31, 1910

Telephone Number 56

Officers

Transit Number 81-272
Directors

W. E. Byars............................President
J. Fred Alexander.....Exec. Vice-Pres.
Reves L. Bolling........................ Cashier
Margaret Adams.............. Asst. Cashier

J. Fred Alexander W. H. Cole
Reves L. Bolling
T. H. Kibler
E. Bradley
C. R. Starbird
W. E. Byars

STATEMENT CF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 207,725.06
Overdrafts ......................
619,000.00
U. S. Gov’t obligations..
40,300.00
Other bonds and securities
7,112.95
Furniture and fixtures.....
Banking house....................
1.00
Other real estate..............
Cash and due from banks 355,092.23
Other resources.................
2,748.59

Capital Stock...................... $ 25,000.00
Surplus fund........................
25,000.00
22,605.56
Undivided profits...............
Reserves ............................
241.47
Demand deposits............... 1,045,115.45
Time deposits.....................
6,789.72
U. S. Gov’t deposits...........
1,666.06
Public funds........................
105,561.57
Deposits of banks.............
Total dep........$1,159,132.80
Other liabilities.

Total




$1,231,979.82

Total

$1,231,979.83

Thirty-sixth Report

21

BANK OF A M I T Y , A M I T Y

Clark County
Telephone Number 13

Chartered November 30, 1905
Officers

Transit Number 81-287
Directors

G. W. Tolleson.......................... President
W. H. Olds........................Vice-President
Cleda Olds......................................Cashier
Oral M. Walker..............Asst. Cashier

Lyn Maxey
Cleda Olds
W. H. Olds

G. W. Tolleson
Oral M. Walker

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks..
Other resources..................

400,683.79
87.91
684,318.22
288,604.16
502.90
250.00
283,796.77
1.00

Capital Stock...................... $ 50,000.00
Surplus fund......................
50,000.00
Undivided profits..............
48,807.85
Reserves ............................
7,000.00
Demand deposits................
954,202.12
Time deposits....................
514,871.43
U. S. Gov’t deposits.........
710.19
Public funds........................
32,653.16
Deposits of banks.............
Total dep........$1,502,436.90
Other liabilities..................

Total ................................ $1,658,244.75

Total ................................$1,658,244.75

E L K HORN BANK A N D T R U S T C O M PAN Y, A R K A D E L P H IA

Chartered September 28, 1903

Clark County
Telephone Number 7

Officers

W. E.
J. H.
C. C.
A. J.
A. C.
W. P.
W. L.

Transit Number 81-133
Directors

Barkman......................President
Lookadoo...............Vice-President
Lookadoo...............Vice-President
Vestal.................... Vice-President
Stone......................Vice-President
Jones, Jr......................... Cashier
Stover.................... Asst. Cashier

W. E. Barkman
A. P. Greene
Clarence Hardin
W. P. Jones, Jr.
C. C. Lookadoo
G. W. Lookadoo

J. H. Lookadoo
E. E. Meador
A. C. Stone
J. P. Sturgis
A. J. Vestal
J. B. Wingfield

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.......$1,396,004.82
114.52
Overdrafts ..........................
U. S. Gov’t obligations..... 1,538,522.00
Other bonds and securities 152,775.00
Furniture and fixtures.....
9,977.46
Banking house....................
30,022.54
Other real estate..............
Cash and due from banks.. 962,739.01
Other resources.................
1,516.88

Capital Stock...................... $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits..............
46,639.93
Reserves ................. ..........
Demand deposits.............. 1,909,280.71
Time deposits.................... 1,065,896.42
U. S. Gov’t deposits.........
5,150.00
Public funds........................
864,705.17
Deposits of banks...............
Total dep........$3,845,032.30
Other liabilities..................

Total




$4,091,672.23

Total

$4,091,672.23

State o f Arkansas: Bank Department

22

M E R C H A N T S A N D P L A N T E R S BA NK A N D T R U S T
C O M P A N Y , A R K A D E L P H IA

Clark County
Chartered June 15, 1911

Telephone Number 291

Officers

Transit Number 81-469
Directors

H. T. R oss................................ President
Jett Black...........Vice-Pres. & Cashier
Catherine Condray.......... Asst. Cashier
Lottie Watson.................. Asst. Cashier

Jett Black
J. H. Crawford
H. Grady Elms
Roy F. Golden
James C. Hobgood

D. W. McMillan
E. N. McElhannon
H. T. Ross
Ralph Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.......
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources...................

694,762.04
260,000.00
223,441.70
5,000.00
11,000.00
2.00
669,694.97
1.00

Capital stock...................... $ 100,000.00
Surplus fund.......................
50,000.00
Undivided profits...............
21,768.79
Reserves ............................
18,505.36
Demand deposits................. 1,088,589.91
Time deposits..................... 245,938.43
U. S. Gov’t deposits...........
17,074.28
Public funds........................
322,024.94
Deposits of banks.............
Total dep........$1,673,627.56
Other liabilities.

$1,863,901.71

Total

Total

$1,863,901.71

BA NK OF ASH F LA T , ASH F L A T

Sharp County
Chartered February 20, 1912

Telephone Number 3642

Officers

Transit Number 81-499
Directors

Odus Carpenter...................... President
Horace Martin................Vice-President
Willene Brawley........................ Cashier

Willene Brawley
Odus Carpenter

Horace Martin
V. McJunkins

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........$ 112,026.17
Overdrafts ..........................
38.88
U. S. Gov’t obligations..... 276,(100.00
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
400.00
Other real estate...............
Cash and due from banks.. 112,959.16
Other resources..................

Capital stock...................... :
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Govt, deposits.........
Public funds........................
Deposits of banks...............
Total dep........$ 457,436.29

20, 000.00

10, 000.00

13,988.92

440,728.58
8,087.38
8,620.33

Other liabilities.
Total




.$ 501,425.21

Total

$ 501,425.21

Thirty-sixth Report

23

B A NK OF A T K IN S , A T K I N S

Pope County
Chartered September 19, 1895

Telephone Number 136

Officers

Transit Number 81-215
Directors

J. M. Barker............................ President
J. M. Barker, Jr............Vice-President
C. A. Barker................................Cashier

J. M. Barker
J. M. Barker, Jr.

C. A. Barker

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 155,195.43
56.05
Overdrafts ......................
501,000.00
U. S. Gov’t obligations..
6,945.48
Other bonds and securities
3,629.22
Furniture and fixtures.....
2,513.59
Banking house....................
Other real estate..............
Cash and due from banks.. 151,060.71
Other resources..................

Capital stock...................... $ 30,000.00
Surplils fund........................
15,000.00
Undivided profits..............
33,895.70
Reserves ..............................
Demand deposits................
688,553.92
Time deposits......................
U. S. Gov’t deposits...........
1,050.00
Public funds........................
51,900.86
Deposits of banks.............
Total dep........$ 741,504.78
Other liabilities..................

Total ................................ $ 820,400.48

Total ................................ $ 820,400.48

T H E BA NK OF AU GU STA , A U G U S T A

Woodruff County
Chartered February 20, 1935

Telephone Number 1

Officers

Transit Number 81-718
Directors

J. H. Snapp.............Chairman of Board
W. M. Sale.............................. President
Geo. L. Beard..................Vice-President
R. E. Gregory..................Vice-President
W. T. Mills, Jr............................ Cashier
Kennady Sale.................. Asst. Cashier

Geo. L. Beard
R. E. Gregory
R. J. Haralson
W. T. Mills, Jr.
W. M. Sale

J. Ford Smith
J. H. Snapp
C. R. Stacy
John H. Stanley

STATEMENT OF JUNE 30. 1950
Resources

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks..
Other resources..................

Liabilities

548,904.15
476.63
741,143.45
219,735.87
3,749.76
2,520.00
429,723.38
624.40

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
48,794.22
Reserves ..............................
29,000.00
Demand deposits................ 1,344,290.24
Time deposits....................
U. S. Gov’t deposits...........
14,485.84
Public funds........................
399,417.90
Deposits of banks.............
Total dep........$1,758,193.98
Other liabilities..................

Total .................................. $1,946,877.64




10,889.44

Total .................................. $1,946,877.64

State o f Arkansas: Bank Department

24

C IT IZ E N S S T A T E BANK, BALD KNOB

White County
Chartered January 22, 1931

Telephone Number 14

Officers

Transit Number 81-673
Directors

E. D. Williams
President & Cashier
T. W. Leggett, Sr..........Vice-President
H. A. Whitley................ Vice-President
Mrs. M. N. Hall.............. Asst. Cashier

Joe H. Collison
H. A. Whitley
Jennings Leggett E. D. Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 110,473.36
Overdrafts ......................
U. S. Gov’t obligations..
923,800.00
18,945.75
Other bonds and securities
Furniture and fixtures.......
2,800.00
Banking house....................
9,000.00
Other real estate..............
Cash and due from banks.. 637,685.65
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund........................
25,000.00
Undivided profits...............
12,927.84
Reserves ..............................
40,000.00
Demand deposits................. 1,307,272.39
Time deposits......................
U. S: Gov’t deposits...........
11,745.86
Public funds........................
252,238.91
Deposits of banks.............
28,519.76
Total dep........$1,599,776.92
Other liabilities..................

Total ................................$1,702,704.76

Total .................................$1,702,704.76

T H E C IT IZ E N S BANK, BEA RDEN

Ouachita County
Chartered June 7, 1945

Telephone Number 129

Officers

Transit Number 81-749
Directors

Garland Anthony......................President
Oliver Anthony................Vice-President
R. W. Launius................Vice-President
Hugh Thompson............................Cashier
T. E. Evans...................... Asst. Cashier

Garland Anthony O. B. Livingston
Oliver Anthony
W. O. Proctor
J. W. Gossett
Hugh Thompson
R. W. Launius

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 104,819.74
Overdrafts ..........................
188.26
U. S. Gov’t obligations.....
288,600.06
Other bonds and securities
10,215.18
Furniture and fixtures.....
3,753.50
Banking house....................
Other real estate..............
Cash and due from banks.. 168,863.55
Other resources.................
22.90

Capital stock...................... $ 25,000.00
Surplus fund........................
17,500.00
Undivided profits...............
6,914.35
Reserves ..............................
345.59
Demand deposits................. 472,928.48
Time deposits......................
U. S. Gov’t deposits..........
571.57
Public funds........................
53,203.20
Deposits of banks.............
Total dep........$ 526,703.25
Other liabilities

Total




.$ 576,463.19

Total

.$ 576,463.19

Thirty-sixth Report

25

C IT IZ E N S BANK, BEEBE

White County
Chartered June 21, 1917

Telephone Number 55

Officers

Transit Number 81-588
Directors

E. H. Abington........................ President Catherine C. Abington H. M. Dodds
J. R. Sloan...................... Vice-President E. H. Abington
I. N. Kelley
J. R. Sloan
T. E. Abington........ .................. Cashier T. E. Abington
T. S. Dabney
STATEMENT OF JUNE 30, 1950
Resources

Liabilities

215,881.51
147.92
149,555.50
900.00

Loans and discounts.........i
Overdrafts ............... ..........
U. S. Gov’t obligations.......
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate..............
Cash and due from banks..
Other resources..................

1.00
1.00
1.00

272,934.07

Capital stock...................... !
Surplus fund........................
Undivided profits..............
Reserves ............................
Demand deposits................
Time deposits..................
U. S. Gov’t deposits..........
Public funds........................
Deposits of banks..............
Total dep........$ 566,376.93

25,000.00
5,000.00
11,003.83
32,041.24
543,177.32
23,199.61

Other liabilities.
639,422.00

Total

Total

639,422.00

B EN TO N S T A T E BANK, B EN TO N

Chartered February 9, 1934

Saline County
Telephone Number 2591

Officers

Transit Number 81-711
Directors

W. R. Alsobrook...................... President Dr. H. B. Alsobrook
W. A. Springer.............. Vice-President W. R. Alsobrook
T. B. Lyle.................................... Cashier Clyde E. Fish
H. J. Gingles

T. B. Lyle
W. A. Springer
D. J. Stirman
L. B. White

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 590,989.76
Overdrafts ..........................
U. S. Gov’t obligations..... 1,656,972.79
Other bonds and securities 692,779.14
Furniture and fixtures.....
2,144.54
Banking house....................
2,595.76
Other real estate...............
Cash and due from banks.. 659,341.65
Other resources..................

Capital stock...................... $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits..............
59,417.45
Reserves ..............................
23,307.00
Demand deposits................ 2,267,826.92
Time deposits....................
369,997.03
U. S. Gov’t deposits...........
17,843.37
Public funds........................
641,931.87
Deposits of banks.............
24,500.00
Total dep........$3,322,099.19
Other liabilities..................

Total




$3,604,823.64

Total

$3,604,823.64

26

State o f Arkansas: Bank Department

B A NK OF B E N T O N V I L L E , B E N T O N V I L L E

Benton County
Chartered February 25, 1931

Telephone Number 149

Transit Number 81-701

Officers

Directors

Arthur P. Smith.,................... President
Vol T. Lindsey................Vice-President
Fred Douglas.................................Cashier
Earl Fields........................ Asst. Cashier

Fred Douglas
Melvin Hall
Joe Knott
Vol T. Lindsey

Vern Rife
Arthur P. Smith
Leta D. Smith

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 578,676.41
Overdrafts ........................
357.00
U. S. Gov’t obligations..... 1,748,946.53
Other bonds and securities 131,380.17
Furniture and fixtures.....
13,500.00
Banking house....................
7,100.00
Other real estate..............
Cash and due from banks.. 1,199,265.29
Other resources..................
17,677.92

Capital stock...................... $ 40,000.00
Surplus fund........................
40,000.00
Undivided profits...............
50,477.22
Reserves ..............................
2,891.22
Demand deposits................. 2,279,198.22
Time deposits....................
241,060.95
9,115.17
U. S. Gov’t deposits...........
Public funds........................ 1,027,272.57
Deposits of banks...............
6,887.97
Total dep........$3,563,534.88
Other liabilities...................

Total ................................$3,696,903.32

Total .................................$3,696,903.32

B A NK OF B L E V IN S , B L E V IN S

Hempstead County
Chartered August 12, 1912

Telephone Number 2274

Officers

Transit Number 81-518
Directors

H. M. Stephens...................... President
Herbert M. Stephens....Vice-President
P. C. Stephens............................ Cashier

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

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 123,078.12
Overdrafts ......................
116,100.00
U. S. Gov’t obligations..
11,500.00
Other bonds and securities
2,312.00
Furniture and fixtures.....
500.00
Banking house....................
Other real estate..............
Cash and due from banks..
87,395.85
Other resources..................
173.25

Capital stock...................... $ 25,000.00
Surplus fund........................
15,000.00
Undivided profits...............
15,170.44
3,165.09
Reserves ..............................
Demand deposits................. 263,252.25
Time deposits......................
5,188.70
U. S. Gov’t deposits..........
3,063.75
Public funds........................
11,218.99
Deposits of banks...............
Total dep........$ 282,723.69
Other liabilities.

Total




$ 341,059.22

Total

$ 341,059.22

27

Thirty-sixth Report

F A R M E R S BA NK A N D T R U S T C O M PA N Y, B L Y T H E V I L L E

Mississippi County
Chartered March 16, 1908

Telpehone Number 4456

Officers

Transit Number 81-105
Directors

B.
A. Lynch............................. President
R.
A. Porter....................Vice-President
F.
E. Warren................. Vice-President
R.
L. Banister..... ...................... Cashier
B. F. Brogdon.................. Asst. Cashier

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, 1950
Resources

Liabilities

Loans and discounts.........$2,617,988.89
Overdrafts ..........................
1,520.31
U. S. Gov’t obligations..... 4,613,000.00
Other bonds and securities
75,000.00
1.00
Furniture and fixtures.....
Banking house....................
60,000.00
Other real estate.................
Cash and due from banks.. 1,195,911.43
Other resources..................
46,135.44

Capital stock...................... ijf 200,000.00
Surplus fund......................
400,000.00
Undivided profits..............
146,168.66
14,142.52
Reserves ..............................
Demand deposits................ 5,883,505.48
Time deposits...................... 1,098,530.49
U. S. Gov’t deposits...........
49,312.21
Public funds........................
579,048.14
Deposits of banks..............
213,569.99
Total dep........$7,823,966.31
Other liabilities..................

Total

................................ $8,609,557.07

25,279.58

Total ................................ $8,609,557.07

C IT IZ E N S BANK, B O O N E V IL L E

Chartered April 18, 1910

Logan County
Telephone Number 274

Officers

Transit Number 81-195
Directors

Mattie Edwards....................... President
Abe Williams—............... Vice-President
Long John Williams................... Cashier

Mattie Edwards
Geo. R. Edwards
Abe Williams

Chas. X. Williams
Long John Williams
Paul X. Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 467,867.81
Overdrafts ..........................
3,160.18
U. S. Gov’t obligations....... 715,664.86
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
1.00
Other real estate.................
3.00
Cash and due from banks.. 635,018.85
Other resources..................

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
28,507.80
Reserves ..............................
Demand deposits................ 1,481,292.42
Time deposits......................
U. S. Gov’t deposits...........
815.76
Public funds........................
211,100.72
Deposits of banks...............
Total dep........$1,693,208.90
Other liabilities.

Total




$1,821,716.70

Total

$1,821,716.70

State o f Arkansas: Bank Department

28

T H E BA NK OF B R A D L EY, B R A D L E Y

Lafayette County
Chartered April 10, 1933

Telephone Number 7111

Transit Number 81-513

Officers

Directors

J. B. Edwards............................President
Margaret R. Meek.......... Vice-President
J. W. Meek....................................Cashier
J. W. Meek, Jr............... Asst. Cashier

J. B. Edwards
L. B. Hamner
J. W. Meek

Margaret R. Meek
W. T. Murphy, Jr.

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate................
' Cash and due from banks..
Other resources..................

226,031.70
20.24

120, 000.00

24,100.00
3,336.00
300.00
3.00
132,113.15

Capital stock......................
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 442,455.99

25.000. 00
25.000. 00
13,448.10
354,206.21
7,774.23
80,475.55

Other liabilities.
Total

$ 505,904.09

Total

505,904.09

BA NK OF B R IN K L E Y , B R IN K L E Y

Monroe County
Chartered January 17, 1903

Telephone Number 31

Officers

Transit Number 81-191
Directors

W. W. Sharp.......................... President
Frank Andrews............. Vice-President
John F. Cole.......Active Vice-President
Robert Moore.............................. Cashier
R. H. Midk'iff.................. Asst. Cashier

Frank Andrews
John F. Cole
E. D. McKnight

A. Rusher
W. W. Sharp

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 532,239.26
Overdrafts ..........................
U. S. Gov’t obligations..... 1,157,600.00
Cthei bonds and securities 144,475.96
Furniture and fixtures.....
6,865.02
Banking house....................
8,000.00
Other real estate...............
2.00
Cash and due from banks.. 471,987.50
Other resources..................
1,610.75

Capital stock...................... $ 50,000.00
Surplus fund.............
50,000.00
Undivided profits...............
48,208.43
Reserves ..............................
Demand deposits................. 1,723,377.33
Time deposits...............
290,712.09
U. S. Gov’t deposits...........
11,870.67
Public funds........................
148,611.97
Deposits of banks...............
Total dep........$2,174,572.06
Other liabilities..................

Total




$2,322,780.49

Total

$2,322,780.49

29

Thirty-sixth Report

BANK OF CABOT, CABOT

Lonoke County
Chartered March 23, 1903

Telephone Number 19

Officers

Transit Number 81-304
Directors

Jake W. Lowman.................... President J. C. Alexander
Fred B. Garlington........ Vice-President Fred B. Garlington
J. M. Park......................................Cashier J. E. Gregory
Mildred Robinson............ Asst. Cashier
Glendene James................Asst. Cashier
Cecil Owen........................Asst. Cashier
Sue W. Park..................... Asst. Cashier

Jake W. Lowman
J. M. Park

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 689,053.60
Overdrafts ..........................
20.95
U. S. Gov’t obligations..... 374,700.00
Other bonds and securities
23,000.00
Furniture and fixtures.....
10,000.00
Banking house....................
40,000.00
Other real estate...............
1.00
Cash and due from banks... 336,547.89
Other resources...........'......

Total ................................ $1,473,323.44

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
36,070.40
Reserves ..............................
13,516.09
Demand deposits................. 1,158,059.72
Time deposits......................
70,560.07
U. S. Gov’t deposits................................. 8,673.01
Public funds................
86,444.15
Deposits of banks.............
Total dep........$1,323,736.95
Other liabilities..................
Total ................................ $1,473,323.44

S T A T E BANK OF CALICO ROCK, CALICO ROCK

Izard County
Telephone Number 4

Chartered May 1, 1914
Officers

Transit Number 81-305
Directors

S. E. McNeill.........................President
Dr. Noel J. Copp..........Vice-President
E. C. Rodman............................ Cashier
Roy Perryman.................. Asst. Cashier

Dr. Noel J. Copp S. E. McNeill
L. E. Evans
E. C. Rodman

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 198,654.48
Overdrafts ..........................
576.99
TJ. S. Gov’t obligations.......
806,100.00
Other bonds and securities
11,700.00
1.00
Furniture and fixtures.....
Banking house....................
1.00
Other real estate................
1.00
Cash and due from banks.. 438,829.98
Other resources..................
1,361.00

Capital stock...................... $ 25,000.00
Surplus fund........................
35,000.00
Undivided profits.................
8,608.35
Reserves ..............................
Demand deposits................. 1,312,802.81
Time deposits......................
4,469.12
U. S. Gov’t deposits...........
Public funds........................
71,345.17
Deposits of banks...............
Total dep........$1,388,617.10
Other liabilities.

Total




$1,457,225.45

Total

$1,457,225.45

State o f Arkansas: Bank Department

30

T H E M E R C H A N T S A N D P L A N T E R S BANK, C A M D E N

Ouachita County
Chartered March 4, 1931

Telephone Number 6-2446

Officers

C.
H.
J.
P.
E.
O.

I.
T.
W.
W.
L.
G.

.........President
Vice-President
.............Cashier
...Asst. Cashier
..Asst. Cashier
..Asst. Cashier

Grayson......
Patton.......
Coan..........
Wooldridge.
Harrison....
Burnham....

Transit Number 81-96
Directors

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

E. L. Harrison
H. T. Patton
John C. Watts
P. W. Wooldridge

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 628,401.37
Overdrafts ..........................
U. S. Gov’t obligations..... 2,068,000.00
Other bonds and securities 1,138,374.42
Furniture and fixtures.....
1.00
Banking house....................
Other real estate..............
Cash and due from banks 1,777,321.33
Other resources..................
1.00

Capital stock...................... $ 100,000.00
Surplus fund...................
50,000.00
Undivided profits............... 104,850.60
Reserves ............................
100,000.00
Demand deposits............... 4,077,198.84
Time deposits......................
632,185.93
U. S. Gov’t deposits...........
50,175.54
Public funds........................
489,422.67
8,265.54
Deposits of banks.............
Total dep........$5,257,248.52
Other liabilities.

$5,612,099.12

Total

Total

.$5,612,099.12

C IT IZ E N S BANK, C A R L IS L E

Chartered December 22, 1930

Lonoke County
Telephone Number 2111

Officers

F. E. Downs, Jr..................... President
A. H. Hunt.................... Vice-President
R. L. Hunt...........Asst. Vice-President
J. L. W oosley......................... .....Cashier
Miss Mary Burnett........Asst. Cashier
Miss Sue Tarter............Asst. Cashier

Transit Number 81-689
Directors

A. W. Birdsong
J. M. Johnson
Elmer Morris

F. M. Perkins
H. L. Perkins

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 235,149.37
Overdrafts ..........................
U. S. Gov’t obligations.....
621,400.00
Other bonds and securities
63,000.00
Furniture and fixtures.....
4,000.00
Banking house....................
20,500.00
Other real estate...............
Cash and due from banks.. 366,060.85
Other resources...................
124.00

Capital stock...................... $ 50,000.00
Surplus fund........................
25,000.00
32,528.91
Undivided profits..............
Reserves ..............................
Demand deposits................. 1,078,987.43
Time deposits......................
U. S. Gov’t deposits...........
11,161.83
Public funds........................
106,253.14
Deposits of banks...............
Total dep........$1,196,402.40

Total ................................ $1,310,234.22



Other liabilities..................

6,302.91

Total ................................ $1,310,234.23

31

Thirty-sixth Report

BANK OF CAVE C IT Y , CA VE C IT Y

Sharp County
Chartered July 2, 1906

Telephone Number 5-F-ll

Officers

Transit Number 81-310
Directors

Eagle Street............................ President
Mrs. J. M. Street..........Vice-President
J. L. Lewsaw.............................. Cashier
Carl Dean Medlock.........Asst. Cashier

J. A. Carpenter
J. L. Lewsaw

Eagle Street
Mrs. J. M. Street

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 147,358.00
Overdrafts ......................
58.53
U. S. Gov’t obligations..
350,121.03
Other bonds and securities
1,500.00
Furniture and fixtures.....
Banking house....................
3,000.00
Other real estate..............
Cash and due from banks.. 112,328.65
Other resources..................

Capital stock...................... $ 20,000.00
Surplus fund........................
10,000.00
Undivided profits..............
14,821.13
Reserves ............................
Demand deposits................
532,824.86
Time deposits....................
U. S. Gov’t deposits..........
6,200.00
Public funds........................
30,520.22
Deposits of banks..............
Total dep........$ 569,545.08
Other liabilities..................

Total ................................$ 614,366.21

Total ................................ $ 614,366.21

A M E R IC A N S T A T E BANK, C H A R L E S T O N

Franklin County
Chartered June 29, 1910

Telephone Number 14

Officers

Transit Number 81-268
Directors

C. H. Hiatt...............................President C. H. Hiatt
B. H. McDonald............. Vice-President Clyde Hiatt
Clyde Hiatt...................................Cashier B. H. McDonald
H. E. Shumate.................. Asst. Cashier

H. E. Shumate
McLoud Sicard
Sam B. Stevinson

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 485,203.08
Overdrafts ..........................
4,157.56
U. S. Gov’t obligations.....
501,164.00
Other bonds and securities
49,388.40
Furniture and fixtures.....
1.00
Banking house....................
1.00
Other real estate...............
Cash and due from banks.. 251,683.90
Other resources..................
1.00

Capital stock........................ $ 25,000.0b
Surplus fund......................
25,000.00
Undivided profits...............
84,761.42
15,000.00
Reserves ............................
Demand deposits................
961,512.66
Time deposits....................
112,119.53
U. S. Gov’t deposits..........
14,716.93
Public funds........................
53,489.40
Deposits of banks..............
Total dep........$1,141,838.52
Other liabilities..................

Total ...................................$1,291,599.94




Total .................................. $1,291,599.94

State o f Arkansas: Bank Department

32

BA NK OF C H E R R Y V A L L E Y , C H E R R Y V A L L E Y

Cross County
Chartered January 24, 1907

Telephone Number 2391

Officers

Transit Number 81-313
Directors

R. Eli Halk.............................. President
W. M. Smith..................Vice-President
H. H. Beasley.............................. Cashier
J. R. Cavin........................ Asst. Cashier

H. H. Beasley
R. Eli Halk

H. P. Maddox
W. M. Smith

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 172,722.46
Overdrafts ..........................
18.88
U. S. Gov’t obligations
335,000.00
Other bonds and securities
2,770.00
Furniture and fixtures.....
Banking house....................
1.00
Other real estate..............
Cash and due from banks 113,874.88
Other resources....................
639.16

Capital stock...................... I
Surplus fund........................
Undivided profits...............
Reserves ............................
Demand deposits...............
Time deposits.....................
U. S. Gov’t deposits.........
Public funds........................
Deposits of banks.............
Total dep........$ 564,808.21

25.000. 00
25.000. 00
10,218.17
499,325.93
65,482.28

Other liabilities.
Total

625,026.38

625,026.38

Total

BA NK OF C H ID IS T E R , C H ID IS T E R

Ouachita County
Chartered April 29, 1909

Telephone Number 103

Officers

Transit Number 81-314
Directors

W. G. Rushing....................... President
C. B. Clingan...............Vice-President
T. H. Benton............... Vice-President
Mrs. Lee A. Purifoy....................Cashier
W. R. Clingan.................. Asst. Cashier

T. H. Benton
W. G. Rushing
C. B. Clingan
Beulah R. Taylor
Roy E. Holleman J. T. Walker
Beulah P. Mayne

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 56,416.50
Overdrafts ..........................
85.14
U. S. Gov’t obligations.....
222,000.00
Other bonds and securities
11,880.70
Furniture and fixtures.....
800.00
Banking house....................
1,100.00
Other real estate...............
1.00
Cash and due from banks 116,788.02
Other resources..................
121.50

Capital stock...................... $ 20,000.00
Surplus fund........................
5,000.00
Undivided profits...............
7,894.16
Reserves ............................
Demand deposits................. 357,823.95
Time deposits.....................
7,200.00
U. S. Gov’t deposits...........
4,055.25
Public funds........................
7,219.50
Deposits of banks...............
Total dep........$ 376,298.70
Other liabilities...................

Total




$ 409,192.86

Total

$ 409,192.86

33

Thirty-sixth Report

T H E M E R C H A N T S A N D P L A N T E R S BANK, C L A R E N D O N

Monroe County
Chartered July 23, 1890

Telephone Number 18

Officers

Transit Number 81-164
Directors

S. J. Dean..................................President
C. T. Doss........................Vice-President
W. H. Brown.....Vice-Pres. & Cashier
P. N. James........................Asst. Cashier

H. B. Bateman
W. H. Brown
C. C. Cannon
S. J. Dean

C. T. Doss
J. B. Fletcher
Mrs. H. B. Robinson
Jas. F. Wolfe

STATEMENT OF JUNE 30. 1950
Liabilities

Resources

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks..
Other resources..................

498,588.36
216.76
200,395.64
235.837.61
3,000.00
7,000.00
539,859.84

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
20,029.23
Reserves ............................
1,000.00
Demand deposits................
967,957.49
Time deposits....................
133,578.50
U. S. Gov’t deposits...........
Public funds........................
259,832.99
Deposits of banks...............
2,500.00
Total dep........$1,363,868.98
Other liabilities..................

Total ................................$1,484,898.21

Total

$1,484,898.21

C L IN T O N S T A T E BANK, C L IN T O N

Van Buren County
Chartered October 16, 1946

Telephone Number 131

Transit Number 81-758
Directors

Officers

Howard Johnson......................President Homer Brown
Howard Johnson
C. M. Horton....................Vice-President C. M. Horton
Roy Leflar
Garner M. Johnson.................... Cashier Garner M. Johnson Arthur Lewis
Joe G. Fraser.................. Asst. Cashier
STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts......... $
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

322,689.36
747,800.80
144,653.17

10 , 000.00
10 ,000.00
348,905.75

Capital Stock...................... $ 50,000.00
Surplus fund............................
25,000.00
Undivided profits..................
35,098.65
Reserves ..............................
Demand deposits................ 1,298,574.58
Time deposits......................
U. S. Gov’t deposits...........
19,198.05
Pubic funds............................. 156,177.80*
Deposits of banks.............
Total dep........$1,473,950.43
Other liabilities.

Total




$1,584,049.08

Total

$1,584,049.08

34

State o f Arkansas: Bank Department

F IR S T S T A T E BANK, C O N W A Y

Faulkner County
Chartered February 8, 1946

Telephone Number 390

Transit Number 81-754
Directors

Officers

W. D. Ketcheside...................President
Thos. G. W ilson.........Exec. Vice-Pres.
William Y. W ilson.................... Cashier
Rogers C. Moore...................Treasurer
Jane Thomas.................... Asst. Cashier

J. R. Edwards
J. R. Ott
Edward A. Halter Dave H. Ward
W. E. Jumper
Thos. G. Wilson
W. D. Ketcheside

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 450,501.17
Overdrafts ......................
U. S. Gov’t obligations..
1,218,853.58
Other bonds and securities 190,742.84
Furniture and fixtures.....
13,204.37
Banking house....................
10,800.00
Other real estate................
Cash and due from banks 460,033.19
Other resources..................

Capital stock...................... $ 60,000.00
Surplus fund........................
32,500.00
Undivided profits...............
36,232.38
11,850.00
Reserves ..................
Demand deposits................. 1,646,799.00
Time deposits....................
130,551.26
17,679.71
U. S. Gov’t deposits...........
Public funds........................
408,522.80
Deposits of banks...............
Total dep........$2,203,552.77
Other liabilities..................

Total ................................ $2,344,135.15

Total ................................ $2,344,135.15

T H E CO RN IN G BANK, CO RN IN G

Clay County
Chartered January 29, 1931

Telephone Number 94

Officers

Transit Number 81-211
Directors

E. Vandover................................President L. G. Black
Mrs. F. B. Sprague........ Vice-President M. G. Hoffman
G. A. Lamb..................................Cashier G. A. Lamb

H. N. Ratcliffe
Mrs. F. B. Sprague
E. Vandover

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $1,052,509.37
Overdrafts ......................
U. S. Gov’t obligations..
256,000.00
Other bonds and securities
20,670.00
1.00
Furniture and fixtures.....
Banking house....................
4,000.00
Other real estate...............
Cash and due from banks 1,069,769.29
Other resources..................

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
80,594.17
Reserves ..............................
Demand deposits................. 1,805,576.58
Time deposits....................... 135,434.60
22,704.08
U. S. Gov’t deposits...........
Public funds........................
258,640.23
Deposits of banks...............
Total dep........$2,222,355.49
Other liabilities.

Total




$2,402,949.66

Total

$2,402,949.66

35

Thirty-sixth Report

B A NK OF CROSSETT, C R OSSETT

Ashley County
Chartered December 22, 1913

Telephone Number 52

Officers

Transit Number 81-321
Directors

P. F. Watzek..............................President Roy Dooley
William C. Norman...... Vice President K. O. Elderkin
Roy Dooley....................................Cashier J. T. Erwin
C. E. Hannum.................. Asst. Cashier

William C. Norman
P. F. Watzek
Searcy Wilcoxon

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 420,425.51
Overdrafts ..........................
U. S. Gov’t obligations..... 2,277,436.81
Other bonds and securities 120,193.98
Furniture and fixtures.......
21,508.39
Banking house ..................
Other real estate..............
Cash and due from banks 577,311.98
7.00
Other resources..................

Capital Stock...................... $ 100,000.00
Surplus fund...................
100,000.00
Undivided profits...............
40,622.56
Reserves ....
8,689.77
Demand deposits................ 2,114,360.12
Time deposits....................
635,079.66
U. S. Gov’t deposits...........
97,407.46
Public funds........................
304,087.10
Deposits of banks..............
Total dep........$3,150,934.34
Other liabilities..................

Total ....................................$3,416,883.67

16,637.00

Total ........................... ........ $3,416,883.67

D A N V I L L E S T A T E BA NK, D A N V I L L E

Chartered October 3, 1930

Yell County
Telephone Number 36

Officers

Transit Number 81-700
Directors

John Ed Chambers................ President
Neil Sims........................ Vice President
Jim Bill Gatlin................... ........ Cashier
Selma C. Gatlin............. Asst. Cashier
J. F. Nunn.......................Asst. Cashier

J. E. Chambers
John Ed Chambers
Jim Bill Gatlin

J. W. Hull
Neil Sims

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

167,371.63
612,900.00
25,477.71

1.00
1.00

2,320.90
180,560.05

1.00

Capital Stock...................... $ 30.000. 00
30.000. 00
Surplus fund........................
33,135.48
Undivided profits..............
Reserves ..............................
683,669.22
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
211,828.59
Public funds........................
Deposits of banks..............
Total dep........$ 895,497.81
Other liabilities

Total




988,633,29

Total

$ 988,633.29

Statet o f Arkansas: Bank Department

36

BA NK OF D A R D A N E L L E , D A R D A N E L L E

Yell County
Chartered September 12, 1934

Telephone Number 28

Transit Number 81-599

Officers

-Directors

Thos. V. Jones........................ President
Garrett Jones................ Vice President
Garland D. Nichols.................... Cashier
Robert L. Holland...........Asst. Cashier

C. R. George
Garrett Jones
Thos. V. Jones

Garland D. Nichols
Jimmy Wallis

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 246,566.55
96.92
Overdrafts ..........................
U. S. Gov’t obligations.....
376,929.69
Other bonds and securities
2,274.91
10,000.00
Furniture and fixtures.......
8,000.00
Banking house....................
Other real estate................
Cash and due from banks 334,630.35
Other resources..................
787.00

Capital Stock...................... $ 25,000.00
25,000.00
Surplus fund........................
Undivided profits...............
22,587.10
Reserves ..............................
Demand deposits................. 709,517.87
Time deposits......................
69,360.35
U. S. Gov’t deposits...........
12,914.85
114,905.25
Public funds........................
Deposits of banks..............
Total dep........$ 906,698.32
Other liabilities..................

Total ....................................$ 979,285.42

Total ....................................$ 979,285.42

BANK OF D E L IG H T , D E L I G H T

Chartered June 16, 1911

Pike County
Telephone Number 20

Officers

Transit Number 81-326
Directors

C. E. Jojmson.......................... President
Frank Reid...................... Vice President
D. C. Humphry............................Cashier
Dorothy Johnson...............Asst. Cashier

Olen Hendrix
D. C. Humphry
C. E. Johnson

C. E. Reid
Frank Reid

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 166,980.34
Overdrafts ..........................
3.21
U. S. Gov’t obligations.....
186,500.00
Other bonds and securities
Furniture and fixtures.......
1,404.46
Banking house....................
1,616.90
Other real estate................
Cash and due from banks 203,661.71
Other resources..................

Capital Stock...................... $ 25,000.00
Surplus fund........................
25,000.00
Undivided profits...............
5,912.57
Reserves ..............................
Demand deposits................. 463,930.41
Time deposits.......................
26,410.80
U. S. Gov’t deposits...........
37.50
Public funds........................
13,875.34
Deposits of banks...............
Total dep........$ 504,254.05
Other liabilities..................

Total




$ 560,166.62

Total

$ 560,166.62

Thirty-sixth Report

37

D E R M O T T S T A T E BA NK, D E R M O T T

Chicot County
Chartered July 8, 1935

Telephone Number 11

Transit Number 81-720

Officers

John Baxter..........
W. F. Pierce........
Clarence Horton.
Jessie B. Downey

Directors

..........President
Vice President
............. Cashier
....Asst. Cashier

Dr. B. E. Barlow
John Baxter
W. H. Bynum

W. E. Lephiew
W. F. Pierce

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 788,044.30
Overdrafts ..........................
U. S. Gov’t obligations..... 375,602.50
4,513.82
Other bonds and securities
3,500.00
Furniture and fixtures.......
9,000.00
Banking house....................
Other real estate................
Cash and due from banks 690,621.81
Other resources..................

Capital Stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
64,001.98
Reserves ..............................
7,128.90
Demand deposits............... 1,015,134.32
Time deposits....................
433,121.11
U. S. Gov’t deposits...........
7,382.50
Public funds........................
244,513.62
Deposits of banks..............
Total dep........$1,700,151.55
Other liabilities..................

Total ....................................$1,871,282.43

Total ....................................$1,871,282.43

F A R M E R S A N D M E R C H A N T S BA NK, DES ARC

Prairie County
Chartered January 20, 1902

Telephone Number 2191

Officers

Transit Number 81-233
Directors

Henry Nichols.......................... President
L. R. Brown....... Vice Pres. & Cashier
N. R. Kirkwood.................Asst. Cashier

L. R. Brown
Henry Nichols

S. R. Nichols

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 329,958.34
Overdrafts ......................
470,900.00
U. S. Gov’t obligations..
19,745.49
Other bonds and securities
9,507.03
Furniture and fixtures.......
1.00
Banking house....................
Other real estate................
1.00
Cash and due from banks 198,076.73
Other resources..................
552.63

Capital Stock............. ........ $ 25,000.00
Surplus fund........................
75,000.00
Undivided profits..............
7,127.72
Reserves ..................
11,674.24
Demand deposits................
651,748.00
Time deposits......................
57,202.14
U. S. Gov’t deposits...........
Public funds........................
200,730.12
Deposits of banks..............
Total dep........$ 909,680.26
Other liabilities..................

Total




$1,028,742.22

Total

260.00
$1,028,742.22

38

State o f Arkansas: Bank Department

D e W I T T B A NK A N D T R U S T CO M PA N Y, D e W I T T

Arkansas County
Chartered March 1, 1929

Telephone Number 4161

Officers

Transit Number 81-245
Directors

W. F. Schallhorn.................... President
R. H. Maddox
Vice Pres. & Cashier
Julian Brown.................... Asst. Cashier
F. A. Trice........................ Asst. Cashier

A. G. Bauer
Julian Brown
G. W. Hall

R. H. Maddox
W. F. Schallhorn
C. L. Whitmore

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$1,134,518.70
Overdrafts ..........................
U. S. Gov’t obligations__
932,500.00
Other bonds and securities 399,198.80
Furniture and fixtures.......
1.00
1.00
Banking house....................
Other real estate.................
1.00
Cash and due from banks 1,702,260.72
Other resources..................
1.00

Capital Stock...................... $ 100,000.00
Surplus fund........................
100,000.00
79,169.95
Undivided profits..............
Reserves ..............................
37,679.56
Demand deposits................. 3,256,825.61
Time deposits......................
272,085.84
U. S. Gov’t deposits...........
18,252.75
Public funds........................
304,468.51
Deposits of banks...............
Total dep........$3,851,632.71
Other liabilities

Total ....................................$4,168,482.22

Total ....................................$4,168,482.22

B A NK OF D IERK S, D IE R K S

Howard County
Chartered February 7, 1906

Telephone Number 94

Officers

Lewis M. Layer...................... President
T. F. Westbrook..Vice Pres. & Cashier
Mrs. Opal Simington.......Asst. Cashier

Transit Number 81-328
Directors

Lewis M. Layer
Lyda M. Layer

Mrs. Lula Westbrook
T. F. Westbrook

STATEMENT OF JUNE 30; 1950
Resources
Liabilities
Capital Stock...................... $ 25.000. 00
Loans and discounts.........$ 79,374.17
Surplus fund........................
Overdrafts ..........................
15.000. 00
400,000.00
Undivided profits...............
U. S. Gov’t obligations.....
12,454.30
Reserves ..............................
Other bonds and securities
250.00 Demand deposits................. 506,674.03
Furniture and fixtures.......
Banking house....................
1,250.00 Time deposits......................
133.03
U. S. Gov’t deposits...........
Other real estate................
Public funds........................
Cash and due from banks 120,626.27
42,523.73
Other resources..................
284.65 Deposits of banks...............
Total dep........$ 549,330.79
Other liabilities..................
Total ....................................$ 601,785.09




Total ....................................$ 601,785.09

39

Thirty-sixth Report

BANK OF DOVER, DOVER

Pope County
Chartered September 29, 1905

Telephone Number 2481 Transit Number 81-329

Officers

-Directors

John B. Moore........................ President
T. C. Campbell...............Vice President
W. M. W allace......................... ..Cashier
V. A. McClain................ Asst. Cashier

T. C. Campbell
L. J. Churchill
S. F, McCain

John E. Moore
W. M. Wallace

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 127,633.69
Overdrafts ........... ..............
168,100.00
U. S. Gov’t obligations__
Other bonds and securities
Furniture and fixtures.......
901.50
Banking house.............. .....
5,500.00
Other real estate................
Cash and due from banks 107,230.90
1.00
Other resources—...............

Capital Stock...................... $ 25.000. 00
Surplus fund........................
15.000. 00
Undivided profits..............
13,499.19
Reserves ..................... ........
Demand deposits................
333,754.08
Time deposits......................
U. S. Gov’t deposits..........
59.19
Public funds........................
22,054.63
Deposits of banks..............
Total dep........$ 355,867.90
Other liabilities..................

Total ....................................$ 409,367.09

Total ................................... $ 409.367.09

M E R C H A N T S A N D FA R M E R S B A N K , D U M A S

Desha County
Chartered May 10, 1909

Telephone Number 114

Officers

Transit Number 81-330
-Directors

Walton H. Rice..................... President
Ray Maxwell.................. Vice President
Jeff Burnett, Jr........................... Cashier
Claud T. Frank............... Asst. Cashier
Juanita S. Rowland........Asst. Cashier

R. A. Adcock
J. E. Allmon
R. F. Cox
Jack S. Dante
E. C. Gannaway
Ray Maxwell

Joe Lee McKennon
R. A. Pickens
D. O. Porter
O. L. Puryear
Walton H. Rice
Lamar Williamson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

840,126.23
485,600.00
278,806.97
8,514.28
4,000.00
609,585.48
8,267.61

50,000.00
Capital Stock.................. .$
Surplus fund........................
100,000.00
Undivided profits..............
79,748.31
Reserves ..............................
3,910.35
Demand deposits................ 1,340,671.46
Time deposits......................
197,956.75
U. S. Gov’t deposits..........
7,482.44
Public funds........................
455,131.26
Deposits of banks..............
Total dep........$2,001,241.91
Other liabilities..................

Total




$2,234,900.57

Total

$2,234,900.57

State o f Arkansas: Bank Department

40

E A R L E S T A T E BANK, E A R L E

Crittenden County
Chartered April 24, 1947

Telephone Number 2131

Officers

Transit Number 81-204
Directors

M. E. Bird................................ President
W. M, W aters................ Vice President
Mrs. Mary F. Fullwood............. Cashier
Miss Doris Murphree.......Asst. Cashier

C.
C.
M.
B.

P.
L.
E.
G.

Belue
Blanz, Jr.
Bird
Dickey

Everett Hood
W. M. Waters
L. S. Young

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house—..................
Other real estate................
Cash and due from banks
Other resources..................

453,353.37
87.85
505,427.81
204,542.00
9,988.04
4,794.07
429,097.92
509.56

Capital Stock...................... $ 70,000.00
25,000.00
Surplus fund........................
Undivided profits...............
26,975.11
Reserves ..............................
4,533.53
Demand deposits................. 1,006,940.35
Time deposits......................
U. S. Gov’t deposits...........
7,044.23
467,307.40
Public funds........................
Deposits of banks..............
Total dep........$1,481,291.98
Other liabilities.

Total ....................................$1,607,800.62

DELTA STATE

Total ....................................$1,607,800.62

BANK, E L A IN E

Phillips County
Chartered December 30, 1947

Telephone Number 41

Officers

Transit Number 81-759
Directors

Wm. D em oret..........................President
W. C. Moody.................. Vice President
Catherine M. Reid.............. ....... Cashier
Anna L. Beane.................Asst. Cashier

C. B. Barnhart
E. Clay Bumpers
J. M. Countiss, Jr.

F. R. Watson
Wm. Demoret
W. C. Moody

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

108,393.15
139.91
160,000.00
5,000.00
3,664.86
152,110.96
660.75

Capital Stock.............. .......
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits.........
Public funds........................
Deposits of banks...............
Total dep........$ 365,711.18
Other liabilities

Total




.$ 429,969.63

Total

40.000. 00
20 . 000 . 00
4,179.25
295,784.99
69,926.19

79.20
$ 429,969.63

41

Thirty-sixth Report

T H E E X C H A N G E BANK & T R U S T CO M PAN Y, EL DORADO

Union County
Chartered August 12, 1933

Telephone Number 3-5107

Transit Number 81-668

Officers

Directors

Louis E. Hurley................. President
W. H. Hanna.............. Vice President
D. R. James.............. Vice President
H. B. Axum.............. Vice President
J. C. Craighead.................... Cashier
Claude B. Church........Asst. Cashier

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
Charles H.Proetz
Louis E. Hurley
Joe G. Wepfer

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $2,351,457.76
Overdrafts ..........................
U. S. Gov’t obligations..... 1,586,167.17
Other bonds and securities 602,879.81
Furniture and fixtures.......
17,443.36
Banking house....................
Other real estate...............
Cash and due from banks 1,888,413.67
Other resources..................

Capital Stock...................... $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits-...-..........
91,724.50
39,012.44
Reserves ..............................
Demand deposits................. 5,226,972.60
Time deposits......................
446,994.22
U. S. Gov’t deposits...........
77,379.05
Public funds........................
352,912.90
Deposits of banks...............
11,366.06
Total dep........$6,115,624.83
Other liabilities..................

Total ....................................$6,446,361.77

Total ....................................$6,446,361.77

BANK OF E L K IN S , E L K IN S

Washington County
Chartered June 1, 1912

Telephone Number 29

Officers

Transit Number 81-506
Directors

J. E. Bunch...........President & Cashier
Clyde W est...................... Vice President
Oscar W est........................ Asst. Cashier

Edyth L. Bunch
J. E. Bunch
J. C. Reed

Roe Stokenbury
Clyde West

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 188,340.00
Overdrafts .............. ...........
U. S. Gov’t obligations..... 384,300.00
Other bonds and securities
Furniture and fixtures.......
1.00
Banking house....................
1.00
Other real estate.................
1.00
Cash and due from banks 199,863.88
Other resources..................

Capital Stock...................... :
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits.'..........
Public funds............~............
Deposits of banks..............
Total dep........$ 712,969.98

25.000. 00
30.000. 00
4,536.90
475,633.18
200,500.66
36,836.14

Other liabilities
Total




$ 772,506.88

Total

.$ 772,506.88

State o f Arkansas: Bank Department

42

BANK OF EN G L A N D , E N G L A N D

Lonoke County
Chartered August 23, 1898

Telephone Number 30 & 13

Transit Number 81-213

Officers

Directors

..........President
Vice President
..............Cashier
...Asst. Cashier

B. A. CarlLee....
B. F. Murchison
Seth Boles, Jr...
H. P. Bell...........

Seth Boles, Jr.
E. A. CarlLee
D. P. Mashburn, Jr.

B. F. Murchison
Thos. Murchison

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 568,645.74
Overdrafts ..........................
U. S. Gov’t obligations.....
160,203.29
Other bonds and securities
4,501.00
Furniture and fixtures.......
Banking house....................
4,500.00
1.00
Other real estate..............
Cash and due from banks 490,016.65
Other resources..................
1.00

Capital Stock...................... $ 50,000.00
Surplus fund........................
40,000.00
Undivided profits...............
59,017.40
Reserves ..............................
Demand deposits................
961,794.37
Time deposits......................
23,720.30
U. S. Gov’t deposits...........
93,336.61
Public funds........................
Deposits of banks..............
Total dep........$1,078,851.28
Other liabilities..................

Total .................................... $1,227,868.68

Total .................................... $1,227,868.68

T H E C IT IZ E N S BA NK, E N G L A N D

Lonoke County
Chartered January 14, 1931

Telephone Number 29

Transit Number 81-492

Officers

Directors

Ben B. Morris.......................... President
Lois Rutherford....Vice Pres. & Cashier
J. O. DuPree...................... Asst. Cashier

W. G. Cunning
Ben B. Morris

Lois Rutherford
J. E. Swaim

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 232,112.68
Overdrafts ..........................
119.99
U. S. Gov’t obligations..... 1,280,498.50
Other bonds and securities
Furniture and fixtures.......
1.00
Banking house....................
1.00
Other real estate.................
4.00
Cash and due from banks 260,775.37
Other resources..................
1.00

Capital Stock...................... $ 30,000.00
Surplus fund........................
50,000.00
Undivided profits...............
92,865.66
Reserves ..............................
9,921.61
Demand deposits................ 1,402,755.29
Time deposits......................
57,945.86
U. S. Gov’t deposits...........
8,915.26
Public funds........................
121,109.86
Deposits of banks...............
Total dep........$1,590,726.27
Other liabilities..................

Total




$1,773,513.54

Total

$1,773,513.54

43

Thirty-sixth Report

T H E EUDORA BA NK, EUDORA

Chicot County
Chartered December 23, 1930

Telephone Number 15

Transit Number 81-334

Officers

Directors

W. W. Grubbs......................... President
C. B. Bowman.............. Vice President
C. A. Diehl................................. Cashier
Ben Brown........................ Asst. Cashier
Hardy Stephenson...........Asst. Cashier

Dr. A. G. Anderson
C. B. Bowman
Sam Bowman
E. T. Cashion

W.
J.
H.
R.

W. Grubbs
M. McLeod
P. Scott
T. Stephenson

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house.....'...............
Other real estate................
Cash and due from banks
Other resources..................

488,541.22
2,659.88
480,699.98
238,299.64
3,781.91
5,000.00
335,368.25
1,077.34

Capital Stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits..............
70,082.22
11,038.40
Reserves ..............................
Demand deposits................
942,830.59
Time deposits...................
246,299.34
11,358.42
U. S. Gov’t deposits...........
Public funds........................
173,819.25
Deposits of banks..............
Total dep........$1,374,307.60
Other liabilities

Total ....................................$1,555,428.22

Total ....................................$1,555,428.22

BANK OF E U R E K A SPRINGS, E U R E K A SPRINGS

Chartered May 4, 1912

Carroll County
Telephone Number 3441

Transit Number 81-472

Officers

Directors

C. A. Fuller..............................President
Ray Freeman.................. Vice President
D. Simpson....Vice President & Cashier

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

D. Simpson
Richard R. Thompson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 149,247.16
Overdrafts ..........................
196.76
U. S. Gov’t obligations__
487,900.00
Other bonds and securities
44,697.20
Furniture and fixtures.......
5,200.00
Banking house....................
3,200.00
Other real estate................
1.00
Cash and due from banks 227,076.53
Other resources..................
2,810.25

Capital Stock...................... $ 25,000.00
25,000.00
Surplus fund........................
Undivided profits...............
19,576.85
Reserves ..............................
Demand deposits................. 626,655.28
Time deposits......................
140,818.80
U. S. Gov’t deposits...........
7,082.24
Public funds........................
76,195.73
Deposits of banks..............
Total dep........$ 850,752.05
Other liabilities..................

Total




.$ 920,328.90

Total

$ 920,328.90

44

State o f Arkansas: Bank Department

BANK OF E V E N IN G SHA DE, E V E N IN G S H A D E

Sharp County
Chartered February 5, 1901

'

Telephone Number 6

Officers

.

J. O. Laman.............................. President
Otto Cathey.................... Vice President
K. B. Metcalf..............................Cashier
J. B. Metcalf...................... Asst. Cashier

Transit Number 81-336
-Directors

Otto Cathey
J. O. Laman

E. B. Metcalf
0. S. Westmoreland

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ • 43,335.58
Overdrafts ..........................
U. S. Gov’t obligations..... 331,600.00
Other bonds and securities
Furniture and fixtures.......
1.00
Banking house....................
1.00
Other real estate................
Cash and due from banks 111,709.68
Other resources..................

Capital Stock......................
Surplus- fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 453,706.18

10, 000.00
20,000.00

2,941.08
342.511.59
3.00
111.191.59

Other liabilities
Total

486,647.26

Total

486,647.26

M clL R O Y BANK, F A Y E T T E V I L L E

Washington County
Chartered December 24, 1892

Telephone Number 150

Officers

Hayden M cllroy......................President
James H. Kays....Exec. Vice President
J. B. McConnell.............Vice President
L. O. Graham.... Asst. Vice President
W. C. Smith........................Asst. Cashier
Eleanor Sheppard..............Asst. Cashier
Zelma Farmer.................... Asst. Cashier
Mary P. Ripley................... Asst. Cashier

Transit Number 81-87
Directors

L. L. Baxter
Clifton Wade
R. D. Bogart
Marion Wasson
James H. Kays
W. C. Whitfield
J. B. McConnell
Hugh Williams
Hayden Mcllroy
Paul Young, Jr.
Henry B. Shreve
Herbert L. Thomas

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$2,107,213.02
805.48
Overdrafts ..........................
U. S. Gov’t obligations..... 4,022,518.91
Other bonds and securities 599,479.48
Furniture and fixtures.......
42,122.T2
Banking house....................
74,629.79
Other real e s t a t e ..............
Cash and due from banks 1,940,426.03
Other resources..................
4,251.82

Capital stock...................... $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits...............
85,464.38
Reserves ..............................
200,000.00
Demand deposits................. 4,906,251.17
Time deposits...................... 1,378,788.50
U. S. Gov’t deposits...........
65,299.64
Public funds........................ 1,510,742.97
Deposits of banks............... 444,899.99
Total dep........$8,305,982.27
Other liabilities.

Total ...................................... $8,791,446.65




T otal .......................................$8,791,446.65

45

Thirty-sixth Report

FORDYCE BANK A N D T R U S T C O M PAN Y, FORDYCE

Dallas County
Chartered January 5, 1931

Telephone Number 83

Officers

Transit Number 81-127
Directors

E. C. Benton............................ President
B. A. Mayhew................ Vice President
Paul Offutt................................ Cashier
Jack Hearnsberger..........Asst. Cashier
Mrs. M. S. Smith..............Asst. Cashier

Oliver Anthony
E. C. Benton
H. B. Benton
H. E. Dedman
B. A. Mayhew

Paul Offutt
W. D. Stell, Jr.
C. F. Sturgis
L. L. Trussell
S. A. Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 515,327.22
Capital Stock...................... $ 100,000.00
267.41
Overdrafts ......................
Surplus fund........................
50,000.00
U. S. Gov’t obligations..
1,042,574.25
Undivided profits...............
60,275.03
Other bonds and securities 436.343.91
Reserves ..............................
1,901.27
Furniture and fixtures.......
3.000.
00Demand deposits................ 1,734,997.24
Banking house....................
7.000.
00Time deposits......................
546,929.72
Other real estate................
15,714.61
U. S. Gov’t deposits..........
Cash and due from banks 714,369.59
Public funds........................
204,943.44
Other resources..................
Deposits of banks..............
4,121.07
Total dep........$2,506,706.08
Other liabilities..................
Total ....................................$2,718,882.38

Total .................................... $2,718,882.38

P L A N T E R S BANK A N D T R U S T C O M PAN Y, F O R R EST C IT Y

St. Francis County
Chartered April 15, 1921 Telephone Number 326 & 327
Officers

Transit Number 81-143
Directors

H. H. Cooper............................. President
C. T. Doss...................... Vice President
J. B. Fletcher.... Exec. Vice President
C. C. Moore................................... Cashier
J. H. Calhoun.................... Asst. Cashier
Dione K. Henderson.......Asst. Cashier

E. B. Belshe
H. H. Cooper
C. T. Doss
J. B. Fletcher
C. N. Haven
Henry T. Haven

Louis F. Haven, Jr.
Mrs. E. B. Robinson
Sam Sharpe
Jack T. Stephens
R. R. Wilkerson
James F. W olfe

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,818,329.60
Overdrafts ..........................
3,035.82
U. S. Gov’t obligations..... 805,997.00
Other bonds and securities 546,110.40
Furniture and fixtures.......
15,200.00
Banking house..............
33,534.00
Other real estate................
Cash and due from banks 1,138,691.73
Other resources..................
6,567.12

Capital Stock...................... $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits..............
47,510.20
Reserves ..............................
9,547.42
Demand deposits................ 2,662,998.42
Time deposits......................
828,761.24
U. S. Gov’t deposits...........
21,769.07
Public funds........................
577,092.24
Deposits of banks....,.........
19,787.08
Total dep........$4,110,408.05
Other liabilities..................

Total




$4,367,465.67

Total

$4,367,465.67

46

State o f Arkansas: Bank Department

A R K A N S A S V A L L E Y T R U S T C O M PA N Y, F OR T S M I T H

Sebastian County
Chartered February 12, 1906

Telephone Number 3147

Officers

Transit Number 81-571
Directors

Frank W. Youmans................ President
Leon E.. Werntz.............. Vice President
Walter T. Gosman.......Sec’y-Treasurer

Harry P. Daily
S. Bernie Harper
Dr. H. Moulton
Dr. E. C. Moulton
Jerome Ney

Ander K. Orr
R. J. Speer
Leon E. Werntz
Frank W. Youmans

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 167,363.28
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
1,500.00
19,597.74
Furniture and fixtures.......
Banking house....................
39,709.07
Other real estate.............
100.00
48,399.10
Cash and due from banks
Other resources..................
206,040.92

Capital Stock................. .... $ 150,000.00
Surplus fund..................
30,000.00
62,468.57
Undivided profits.........
22,263.56
Reserves ........................
Demand deposits...........
Time deposits.................
U. S. Gov’ t deposits.....
Public funds..................
Deposits of banks.........
Total dep........
217,977.98

Other liabilities.............
Total ....................................$ 482,710.11

Total .............................. .... $ 482,710.11

T H E BANK OF F R A N K L IN , F R A N K L IN

Izard County
Transit Number 81-338

Chartered June 13, 1905

Directors

Officers

J. S. Box................................... President
D. F. Bryant.................... Vice President
R. M. Standerford...................... Cashier
Wilma T. Foreman...........Asst. Cashier

J. S. Box
D. F. Bryant

R. M. Standerford

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

102,911.25
44.04
61,000.00
2,472.00
1.00
70,570.90
466.50

Capital Stock...................... !
Surplus fund........................
Undivided p ro fits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 205,805.19

10,000.00

15,000.00
6,660.50
188,296.44
4,362.09
13,146.66

Other liabilities
Total




.$ 237,465.69

Total

$ 237,465.69

47

Thirty-sixth Report

BANK OF G LEN W O O D, G LE N W O O D

Pike County
Chartered December 27, 1912

Telephone Number 18

Transit Number 81-343
Directors

Officers

John Golden............................. President
R. W. Brakefield..........Vice President
H. H. Duke....................................Cashier
Doris Hutchings................ Asst. Cashier

R. W. Brakefield
C. R. Cantrell
H. H. Duke
John Golden

W. A. O’Neal
J. L. Pinkerton
Ira C. West

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 346,211.80
Overdrafts ..........................
410.45
U. S. Gov’t obligations..... 546,300.00
Other bonds and securities
937.00
1,763.42
Furniture and fixtures.......
Banking house....................
1,500.00
Other real estate................
Cash and due from banks 281,241.61
Other resources..................
1.00

Capital Stock...................... $ 25,000.00
30,000.00
Surplus fund............. ..........
36,170.48
Undivided profits..............
Reserves ..............................
Demand deposits................
843,958.62
Time deposits...................... . 197,187.56
U. S. Gov’t deposits..........
1,256.25
Public funds........................
44,792.37
Deposits of banks..............
Total dep........$1,087,184.80
Other liabilities..................

Total .................................... $1,178,365.28

Total .................................... $1,178,365.28

BANK OF G R A V E T T , G R A V E T T E

Chartered February 28, 1898

Benton County
Telephone Number 40

Officers

Transit Number 81-269
Directors

J. T. Edmonson, Sr................. President
Philo Rodgers................Vice President
C. E. McAllister............Vice President
Tom Cawood................................Cashier
Uther Kindley................. Asst. Cashier
Eva Ballard..................... Asst. Cashier

Stokes Ballard
Tom Cawood
J. T. Edmonson
J. T. Edmonson, Jr.

Allen McAllister
C. E. McAllister
Philo Rodgers

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 413,293.20
Overdrafts ......................
3,543.98
U. S. Gov’t obligations..
641,030.00
Other bonds and securities
30.27
Furniture and fixtures.......
5.376.00
Banking house....................
4.780.00
Other real estate................
1.00
Cash and due from banks 503,354.76
Other resources..................

Capital Stock...................... $
Surplus fund........................
Undivided p rofits..............

25,000.00
25,000.00
62,033.93

R.6S6rves

Demand deposits................ 1,395,639.58
Time deposits......................
46,600.77
U. S. Gov’t deposits..........
Public funds........................
17,134.93
Deposits of banks...............
Total dep........$1,459,375.28
Other liabilities.

Total




$1,571,409.21

Total

$1,571,409.21

48

State o f Arkansas: Bank Department

FA R M E R S BANK, G R E E N W O O D

Sebastian County
Chartered August 7, 1907

Telephone Number 76

Officers

Transit Number 81-226
Directors

W. N. Wilkinson...................... President
I. M. McClendon.......... Vice President
Means Wilkinson....Vice-Pres. & Cash.
Geo. A. Henry..................Asst. Cashier
Alice Holland................... Asst. Cashier

C. O. Bell
W. H. Lewis
I. M. McClendon

Means Wilkinson
W. N. Wilkinson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

283,206.03
463,500.00
165,044.49
1,400.00
1.00
1.00
522,368.37

Capital Stock...................... I
Surplus fund........................
Undivided p rofits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$1,333,702.96

40.000. 00
25.000.00
36,817.93
891,875.68
223,090.10
218,737.18

Other liabilities.
Total

$1,435,520.89

Total

$1,435,520.89

T H E F IR S T BANK, G R I F F I T H V I L L E

Chartered November 6, 1905

White County
Telephone Number 416

Officers

Transit Number 81-347
Directors

James A. Neaville.................... President
James A. Neaville, Jr... Vice President
Ralph Neaville..............................Cashier

Mrs. Claudia L. Grissom
James A. Neaville
James A. Neaville, Jr.
N. B. Smith

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

Liabilities

53,989.62

120, 000.00
1 ,200.00

700.00

72,602.69

Capital Stock...................... !
Surplus fund........................
Undivided p ro fits..............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$ 225,602.70

15,000.00
2,500.00
4,889.61
500.00
212,311.81
400.00
12,890.89

Other liabilities.
Total




$ 248,492.31

Total

$ 248,492.31

49

Thirty-sixth Report

C L A R K C O U N T Y BANK, GURDON

Clark County
Chartered August 4, 1900

Telephone Number 40

Officers

Transit Number 81-349
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. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

300,298.45
11.63
317,205.00
120,880.84
3,725.92
227,433.76

Capital Stock...................... $ 25,000.00
Surplus fund........................
30,000.00
Undivided p rofits...............
35,173.20
2,784.36
Reserves ..............................
Demand deposits................
548,797.12
114,398.00
Time deposits......................
U. S. Gov’t deposits...........
2,765.28
Public funds........................
210,637.64
Deposits of banks..............
Total dep........$ 876,598.04
Other liabilities.

Total ....................................$ 969,555.60

Total ....................................$ 969,555.60

F ARM ER S BA NK, HA M BUR G

Chartered March 10, 1941

Ashley County
Telephone Number 47

Officers

W. E.
Frank
Leslie
Louie

Transit Number 81-181
Directors

Foote........................... ...President
N. Pugh................ Vice President
J. Serrett.......................... Cashier
G. Foote................. Asst. Cashier

F. P. Blanks
Frank N. Pugh
W. E. Foote
Leslie J. Serrett
Leroy Higginbotham V. W. Walker
Murphy Jones
S. A. Wilcoxon

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 129,866.48
Overdrafts ..........................
U. S. Gov’t obligations..... 1,041,900.00
Other bonds and securities
9,405.00
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks 271,567.62
Other resources..................

Capital Stock...................... $ 25,000.00
Surplus fund........................
60,000.00
Undivided profits ...............
30,994.70
Reserves ..............................
Demand deposits................ 1,285,698.93
Time deposits......................
8,168.11
U. S. Gov’t deposits...........
1,756.46
Public funds........................
41,120.90
Deposits of banks..............
Total dep........$1,336,744.40
Other liabilities..................

Total




$1,452,739.10

Total

$1,452,739.10

50

State o f Arkansas: Bank Department

CALHOUN COUNTY

BANK, H A M P T O N

Calhoun County
Chartered October 26, 1906

Telephone Number 42

Transit Number 81-353

Officers

Directors

B. W. Harrell........................ President
Searcy Harrell....Vice Pres. & Cashier
Len Harrell...................... Asst. Cashier

A. B. Garrett
B. W. Harrell
Fay Harrell
Searcy Harrell

E. C. Johnston
I. C. Strickland
A. G. Wood

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

373,366.06
417,852.50
158,668.99
1.00
2,500.00
1.00
212,881.22

Capital Stock................. ,....!
Surplus fund........................
Undivided p rofits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$1,049,546.88
Other liabilities

Total ....................................$1,165,270.77

25.000. 00
50.000. 00
11,306.18
24,040.00
680,961.26
116,740.35
12,213.90
239,631.37

5,377.71

Total

$1,165,270.77

T H E BANK OF H A RRISBU RG , H A R R IS B U R G

Chartered December 2, 1930

Poinsett County
Telephone Number 63

Officers

Transit Number 81-693
Directors

T. T. Mardis.............................. President
John Gant........................ Vice President
Wm. S. Martin............................ Cashier
Mrs. D, M. Mardis..........Asst. Cashier
Horace S. Smith............Asst. Cashier

John Gant
Mrs. D. M. Mardis

T. T. Mardis

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 190,455.46
Overdrafts ..........................
U. S. Gov’t obligations.....
601,900.00
Other bonds and securities
Furniture and fixtures.......
11,622.40
Banking house....................
9,552.00
Other real estate................
Cash and due from banks 455,826.56
Other resources..................

Capital Stock...................... $ 25,000.00
Surplus fund........................
50,000.00
Undivided p ro fits...............
20.027.37
Reserves ..............................
Demand deposits................. 1,085,802.55
Time deposits......................
U. S ’ Gov’t deposits...........
2,476.07
Public funds........................
83,050.43
Deposits of banks...............
Total dep........$1,174,329.05
Other liabilities..................

Total




$1,269,356.42

Total

$1,269,356.42

51

Thirty-sixth Report

C O M M E R C IA L BANK, H A RRISO N

Boone County
Chartered July 7, 1944

Telephone Number 575 or 306

Officers

F. L. Coffman__
V. D. W illis..........
Dr. D. L. Owens
T. W. Rogers.....

Transit Number 81-746
Directors

.......... President
..Vice President
Vice President
............. Cashier

W. T. Bradley
F. L. Coffman, Jr.
F. L. Coffman, Sr.
T. L. Jackson
C. N. Kent, Sr.

Dr. D. L. Owens
E. E. Pippen
T. W. Rogers
V. D. Willis
J. O. Wilson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 940,961.81
Overdrafts ......................
532,262.50
U. S. Gov’t obligations..
Other bonds and securities
28,050.40
20,337.34
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks 814,082.71
Other resources..................

Capital Stock...................... $ 60,000.00
Surplus fund........................
50,000.00
Undivided p rofits..............
19,748.40
Reserves ..............................
Demand deposits................. 1,633,564.15
Time deposits....................
376,267.91
U. S. Gov’t deposits...........
9,593.21
Public funds........................
176,727.27
Deposits of banks...............
9,793.82
Total dep........$2,205,946.36
Other liabilities..................

Total ....................................$2,335,694.76

Total .................................... $2,335,694.76

T H E S E C U R IT Y BA NK, HARRISO N

Chartered November 20, 1931

Boone County
Telephone Number 86

Officers

C.
T.
L.
E.

C. Alexander..................... President
C. Heuer....................Vice President
A. Watkins................Vice President
R. Tims..................................Cashier

Transit Number 81-704
Directors

C. C. Alexander
Roy L. Baker
Roy L. Baker, Jr.
Dr. Wm. W. Christeson
S. W. Heuer
T. C. Heuer

Joe W. Kirby
R. W. Milum
W. O. Newton
E. R. Tims
L. A. Watkins

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$1,340,118.08
Overdrafts ..........................
161.75
U. S. Gov’t obligations..... 1,254,800.00
Other bonds and securities 433,412.19
Furniture and fixtures.......
1.00
Banking house....................
1.00
Other real estate................
Cash and due from banks 1,803,952.42
Other resources..................
3.00

Capital Stock...................... $ 100,000.00
Surplus fund........................
125,000.00
Undivided p rofits..............
30,533.22
Reserves ..............................
Demand deposits................ 3,237,432.20
Time deposits......................
936,920.94
U. S. Gov’t deposits...........
35,177.00
Public funds.......................
341,911.87
Deposits of banks..............
25,474.21
Total dep........$4,576,916.22
Other liabilities.

Total ....... i..............................$4,832,449.44




Total ........ ............................. $4,832,449.44

State o f Arkansas: Bank Department

52

P R A IR IE C O U N T Y BANK, H A Z E N

Prairie County
Chartered July 17, 1945

Telephone Number 90

Transit Number 81-750
Directors

Officers

J. J. Screeton........................ President
R. C. Hartlieb.E xec. Vice President
L. P.
A ycock............. Vice President
James E. Sparks........................ Cashier
Grace O. Stallings.............Asst. Cashier

L. P.
J. O.
H. J.
R. C.
H. B.

J. J. Screeton
Ezra Shoop
James E. Sparks
J. J. Watterson

Aycock
Crowly
Hall
Hartlieb
Robinson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 435,866.85
927.82
Overdrafts ............,.........
83,309.34
U. S. Gov’t obligationsOther bonds and securities 220,495.28
22,330.07
Furniture and fixtures.......
Banking house....................
27,669.93
Other real estate................
Cash and due from banks 182,276.90
Other resources..................
1,445.58

Capital Stock...................... $ 60,000.00
Surplus fund........................
15,000.00
16,153.99
Undivided p rofits...............
Reserves ..............................
Demand deposits................. 631,365.36
Time deposits......................
92,215.65
U. S. Gov’t deposits...........
2,197.69
Public funds........................
157,389.08
Deposits of banks...............
Total dep........$ 883,167.78
Other liabilities..................

Total ....................................$ 974,321.77

Total .................................... $ 974,321.77

T H E C L E B U R N E C O U N T Y BANK, H E B E R SPRINGS

Cleburne County
Chartered December 16, 1930

Telephone Number 13

Transit Number 81-175

Officers

Directors

Dr. L. E. Robbins.................. President
Elbert C. Sherlock.........Vice President
Jerome Johnson.......................... Cashier
Walter Aldridge.............. Asst. Cashier

Jerome Johnson
Mrs. O. B. Robbins
Dr. Joe N. Robbins W. H. Robbins
Dr. L. E. Robbins

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

304,199.31
249.99
286,350.00
134,950.00
1.00
3,000.00
519,782.24

Capital Stock...................... $ 30,000.00
Surplus fund........................
35,000.00
Undivided p ro fits...............
83,689.65
Reserves ............................. ,
3,688.26
Demand deposits................. 1,010,921.04
Time deposits......................
U. S. Gov’t deposits...........
150.00
Public funds........................
85,083.59
Deposits of banks...............
Total dep........$1,096,154.63
Other liabilities..................

Total




$1,248,532.54

Total

$1,248,532.54

Thirty-sixth Report

53

G U A R A N T Y LOAN A N D T R U S T C O M PAN Y, H E L E N A

(Not engaged in commercial banking)
Phillips County
Chartered February 9, 1910 Telephone Number Main 636 Transit Number 81-64
Officers

Directors

Dewey Moore............................President
E. C. Nelson.................. Vice President
C. L. McKelvy...... Secretary-Treasurer

S. H. Hurst
C. E. Mayer
Dewey Moore
E. C. Nelson

M. R. Ready
H. G. Stephens, Jr.
H. H. White

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts..... $
Overdrafts .......................
U. S. Gov’t obligations..
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

Liabilities

88,843.36

6, 100.00
6,500.00
687.00
1.00
44,158.60
3,001.00

Capital Stock...................... $
Surplus fund........................
Undivided p rofits..............
Reserves ..............................
Trust deposits....................
Time deposits......................
U. S. Gov’t deposits..........
Public funds........................
Deposits o f banks..............
Total dep........
Other liabilities..................

Totai ....................................$ 149,290.96

50,000.00
20,000.00
10,353.05
66,890.95

2,046.96

Total .................................... $ 149,290.96

V A L L E Y BANK, H IN D S V 1L L E

Chartered November 8, 1907

Madison County
Telephone Number 22

Officers

Adry Gaskill..................... President
C. F. Fitch, Jr........ Vice President
H. L. Mayfield......... Vice President
Fred E. R eed ........................ Cashier
Lloyd A. Linebarger....Asst. Cashier

Transit Number 81-362
•Directors

William B. Bunch
C. F. Fitch, Jr.
Adry Gaskill
James R. Hargis

Tom Hargis
Lloyd A. Linebarger
H. L. Mayfield

STATEMENT OF JUNE 30, 1950
Resources
Liabilities
Capital Stock...................... $ 10,000.00
Loans and discounts.........$ 44,467.91
Overdrafts ..........................
Surplus fund........................
10,000.00
95,800.00
U. S. Gov’t obligations.....
Undivided profits..............
3,558.34
3,940.00
Reserves ..............................
Other bonds and securities
5,426.80
Furniture and fixtures.......
1.00
Demand deposits................
135,492.85
Banking house....................
600.00 Time deposits......................
40,423.83
Other real estate................
U. S. Gov’t deposits..........
70,092.91
Public funds........................
Cash and due from banks
10,000.00
Other resources..................
Deposits of banks..............
Total dep........$ 185,916.68
Other liabilities..................
Total ........................ :.......... $ 214,901.82



Total ....................................$ 214,901.82

54

State o f Arkansas: Bank Department

BANK OF H O L L Y GROVE, H O L L Y GROVE

Monroe County
Chartered March 12, 1903

Telephone Number 681

Transit Number 81-275

Officers

Directors

M. P. W alls.............................. President
J. I. Matthews................ Vice President
B. J. Lambert, Jr....................... Cashier
Jack Phillips.................... Asst. Cashier

B.
B.
J.
J.

J. Lambert
J. Lambert, Jr.
I. Matthews
W. Mayo

J. B. Moore, Jr.
M. P. Walls
O. M. Washington

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts...... $ 214,746.80
Overdrafts .......................
673,800.00
U. S. Gov’t obligations...
27,000.00
Other bonds and securities
1.00
Furniture and fixtures.....
900.00
Banking house....................
Other real estate................
1.00
Cash and due from banks 177,761.04
Other resources..................

Capital Stock...................... $ 30,000.00
Surplus fund........................
50,000.00
Undivided p rofits...............
33,956.60
Reserves ..............................
Demand deposits................. 776,024.82
Time deposits......................
86,805.11
U. S. Gov’t deposits...........
1,318.59
Public funds........................
116,104.72
Deposits of banks.............
Total dep........$ 980,253.24
Other liabilities..................

Total ....................................$1,094,209.84

Total .....................................$1,094,209.84

H O R A T IO S T A T E BANK, H O R A T IO

Sevier County
Chartered May 15, 1905

Telephone Number 77

Transit Number 81-342

Officers

Directors

C. E. Hendrix.......................... President
O. T. Brinkley................ Vice President
Mazie Gallaher............................ Cashier

O. T. Brinkley
F. R. Ethridge
C. E. Hendrix

Lilia Hendrix
L. O. Shull

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

351,249.90
457.27
130,310.60
20,906.74

1 , 200.00
2.00
258,669.10

Capital Stock...................... :
Surplus fund........................
Undivided p ro fits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 691,824.06

25.000. 00
25.000. 00
20,971.55
507,535.80
119,197.24
65,091.02

Other liabilities.
Total




.$ 762,795.61

Total

$ 762,795.61

55

Thirty-sixth Report

A R K A N S A S T R U S T C O M PAN Y, H O T SPRINGS

Garland County
Chartered April 18, 1907

Telephone Number 629

Transit Number 81-51

Officers

Directors

D. Burgauer.......................... ..-President
Geo. H. Sexton.............. Vice President
Dewell Jackson....Vice Pres. & Cashier
C. J. Clements....................Asst. Cashier
Norton Meek, Jr.................Asst. Cashier
M. Schnebelen....................Asst. Cashier
R. E. Jones..........................Asst. Cashier

D. Burgauer
Geo. H. Sexton
Clarence J. Horner Floyd L. Thompson
Dewell Jackson
E. M. Thrash
Norton Meek, Jr. Warren W. Wilson
Carl E. Miles
E. F. W oodcock

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,555,623.78
Overdrafts ....
251.12
U. S. Gov’t obligations..... 6,926,641.10
Other bonds and securities 488,415.26
21,076.94
Furniture and fixtures.......
Banking house....................
42,000.00
Other real estate................
Cash and due from banks 3,131,651.28
56,586.91
Other resources..................

Capital Stock......................$ 300,000.00
Surplus fund........................
300,000.00
Undivided profits ...............
226,920.85
Reserves ..............................
70,731.54
Demand deposits................ 8,916,709.19
Time deposits......................
921,119.27
U. S. Gov’t deposits........... 137,654.45
Public funds........................ 1,290,029.83
Deposits of banks..............
Total dep......$11,265,512.74
Other liabilities..................

Total ..................................$12,222,246.39

59,081.26

Total .................................. $12,222,246.39

J A C K S O N V IL L E S T A T E BANK, J A C K S O N V IL L E

Pulaski County
Chartered August 2, 1949

Telephone Number 3

Transit Number 81-764

Officers

Directors

Raymond Rebsamen.........President
Kenneth Pat W ilson.......Vice-Pres.
Cashier
R. C. W illcox..............
Garland Kirkpatrick-Asst. Cashier
Joyce Rye Hester.......Asst. Cashier

Jack East
Raymond Rebsamen
Dr. Oscar Gray, Jr. B. Fred Thompson
Lyle B. Marcus
Kenneth Pat Wilson
J. H. Mize

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

Total




404,109.10

20,000.00

10,263.34
13,539.48
154,759.18

.$ 602,671.10

Capital stock...................... :
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$ 515,870.16
Other liabilities..................
Total

50.000. 00
10. 000. 00
8,531.17
434,321.63
10,438.02
71,110.51
18,269.77

$ 602,671.10

State o f Arkansas: Bank Department

56

N E W T O N C O U N T Y BANK, JASPER

Newton CountyChartered March 24, 1903

Telephone Number 15

Officers

Transit Number 81-371
Directors

O. A. Moore................................President J. Lex Moore
W. J. Pruitt...................... Vice-President Guy A. Moore
Guy A. Moore.................. Vice-President O. A. Moore
L. W. Nance.............................. Cashier
Goldie Ham...................... Asst. Cashier

L. W. Nance
W. J. Pruitt

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 139,660.57
Overdrafts ....................
2.44
470,320.50
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.........
692.08
Banking house........................
524.88
Other real estate.................
Cash and due from banks 163,782.84
Other resources..................

Capital stock...................... !
Surplus fund......................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 718,351.20

25,000.00
5.000. 00
18,632.11
8 . 000 .

615,122.20
103,229.00

Other liabilities.
774,983.31

Total

Total

774,983.31

C IT IZ E N S B A NK OF JONESBORO, JONESBORO

Craighead County
Chartered July 25, 1919
'

Telephone Number 6603

Officers

Transit Number 81-613
Directors

M. L. McKinney...................... President
J. E. McKee...................Vice-President
J. Lan Williams.............Vice-President
C. V. McKinney...........................Cashier
Major Griffin.................... Asst. Cashier

C. V. McKinney
G. E. McKinney
M. L. McKinney

B. Frank Williams
J. Lan Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$3,039,227.51
Overdrafts ............................
544.58
U. S. Gov’t obligations..... 3,545,225.85
Other bonds and securities 134,175.00
Furniture and fixtures.....
1.00
Banking house....................
Other real estate..............
Cash and due from banks 1,616,528.05
Other resources..................

Capital stock...................... $ 200,000.00
Surplus fund......................... 200,000.00
Undivided profits............... 121,294.09
Reserves ..............................
Demand deposits................. 4,464,313.09
Time deposits....................... 2,225,242.50
U. S. Gov’t deposits...........
58,489.35
Public funds........................
598,347.40
Deposits of banks............... 468,015.56
Total dep........$7,814,407.90
Other liabilities...................

Total




$8,335,701.99

Total

$8,335,701.99

00

57

Thirty-sixth Report

M E R C A N T I L E BANK, JONESBORO

Craighead County
Chartered January 7, 1932

Telephone Number 5521

Officers

Transit Number 81-72
Directors

Claude Gregory.................. President
G. G. Smith.............Exec. Vice-Pres.
Nathan Deutsch..Vice-Pres. & Cash.
R. W. Higginbotham..Asst. Cashier
Alberta Dickson.........Asst. Cashier
Carey Smith.................Asst. Cashier

Bryan Armstrong
Edward O. Cherry
Nathan Deutsch
A. Faught
Charles Frierson
Claude Gregory

W. Gus Nash, Jr.
Lloyd M. Rebsamen
G. G. Smith
J. Paul Smith

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,738,166.98
Overdrafts ..........................
U. S. Gov’t obligations..... 3,338,486.41
Other bonds and securities 205,558.02
Furniture and fixtures.....
10,658.10
15,000.00
Banking house....................
Other real estate..............
Cash and due from banks.. 1,278,757.26
Other resources..................
5,390.64

Capital stock...................... $ 200,000.00
Surplus fund........................
100,000.00
Undivided profits............... 136,940.43
Reserves ..............................
2,550.00
Demand deposits................. 3,585,342.13
Time deposits...................... 1,878,451.59
U. S. Gov’t deposits...........
46,576.46
Public funds........................
546,092.31
Deposits of banks...............
96,064.49
Total dep........$6,152,526.98
Other liabilities..................

Total ................................ $6,592,017.41

Total ................................ $6,592,017.41

F A R M E R S A N D M E R C H A N T S BANK, JU DSO NIA

White County
Chartered May 29, 1913

Telephone Number 38

Officers

Transit Number 81-549
Directors

John A. Henson........................President W. R. Felts
W. R. Felts......................Vice-President J. H. Graves
J. H. Graves....................Vice-President John A. Henson
P. E. Bauer..................................Cashier
G. D. Young...................... Asst. Cashier

O. C. Waller
R. E. Waller
Edgar Wright

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 46,361.71
Overdrafts ..........................
U. S. Gov’t obligations..... 514,500.00
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
750.00
Other real estate..............
Cash and due from banks 287,367.38
Other resources..................

Capital stock...................... !
Surplus fund......................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 769,529.90

17.500.00
17.500.00
44,450.19
663,584.87
105,945.03

Other liabilities.
Total




$ 848,980.09

Total

.$ 848,980.09

State o f Arkansas: Bank Department

58

U N IO N S T A T E BANK. J U N C T IO N C I T Y

Union County
Chartered August 28, 1933

Telephone Number 73

Officers

Transit Number 81-232
Directors

I. A. Brinker............................President
O. H. Goodwin.................Vice-President
J. M. Thompson...........................Cashier

I. A. Brinker
A. A. Couch
O. H. Goodwin

Houston Hall
H. J. Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 139,916.29
Overdrafts ..........................
U. S. Gov’t obligations.....
483,500.00
Other bonds and securities
28,500.00
Furniture and fixtures.......
2.400.00
Banking house....................
2.900.00
Other real estate................
1.00
Cash and due from banks 312,813.73
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund.............
25,000.00
Undivided profits...............
36,222.75
Reserves ..............................
3,850.00
Demand deposits................. 676,587.84
Time deposits......................
92,963.86
8,679.14
U. S. Gov’t deposits...........
Public funds........................
101,727.43
Deposits of banks...............
Total dep........$ 879,958.27
Other liabilities..................

Total ................................ $ 970,031.02

Total .................................$ 970,031.02

BANK OF K E N S E T T , K E N S E T T

White County
Chartered February 17, 1922

Telephone Number 191

Officers

Transit Number 81-649
Directors

A. P. Mills.................................President
John H. Johnston.........Vice-President
Mrs. Thelma Roth................. ....Cashier

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

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 29,621.61
Overdrafts ..........................
52.30
U. S. Gov’t obligations.....
208,000.00
Other bonds and securities
308.40
Furniture and fixtures.....
Banking house....................
1.00
Other real estate................
Cash and due from banks 194,494.64
Other resources..................
1.00

Canital stock...................... $ 17,500.00
Surplus fund........................
4,000.00
Undivided profits...............
10,568.00
Reserves ..............................
54.00
Demand deposits................. 393,295.45
Time deposits......................
U. S. Gov’t deposits..........
Public funds........................
7,061.50
Deposits of banks.............
Total dep........$ 400,356.95
Other liabilities..................

Total ................................ $ 432,478.95




Total ................................ $ 432,478.95

59

Thirty-sixth Report

B A NK OF KEO, KEO

Lonoke County
Chartered January 13, 1920 Telephone Number 1602F12 Transit Number 81-631
Directors

Officers

A.
J.
H.
J.

B. Cobb................................ President
D. Cobb........................Vice-President
A. Coleman.................Vice-President
F. Coffman............................ Cashier

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

J. F. Coffman
H. A. Coleman

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... '
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

34,341.82
5.25
56,000.00
50,182.00

1.00
155,907.15

Capital stock...................... :
Surplus fund......................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks.............
Total dep........$ 254,955.42

25,000.00
ID,000.00
6,481.80
229,183.81

2 ,100.00
23,671.61

Other liabilities.
296,437.22

Total

Total

296,437.22

BANK OF K IN G ST O N , K IN G S T O N

Madison County
Chartered April 7, 1911

Transit Number 81-467

Officers

Directors

A. B. Bunch............................ President
Tom Hargis....................Vice-President
Wilson Bunch..............................Cashier
Wm. B. Bunch.................. Asst. Cashier

A. B. Bunch
Wilson Bunch
H. C. Fields

Tom Hargis
H. R. McCracken

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

52,016.30
92,800.00
25,953.75

1.00
1.00
2.00

108,250.87

Capital stock...................... !
Surplus fund......................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 247,244.05

10,000.00

10,000.00

6,780.87
5.000. 00
173,549.25
68,694.80
5.000.

Other liabilities.
Total




.$ 279,024.92

Total

$ 279,024.92

00

60

State o f Arkansas: Bank Department

F A R M E R S S T A T E BANK, L A K E C IT Y

Craighead County
Chartered February 28, 1950

Telephone Number 3221

Officers

Transit Number 81-766
Directors

H. H. McAdams.......................President
M. S. Rubenstein...........Vice-President
L. D. Walker, Jr....................... Cashier
Donald Timms................ Asst. Cashier

Fred H. Carter
L. A. Cato
W. O. Doak
H. H. McAdams

M. S. Rubenstein
C. L. Sanders
G. E. W ood

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 145,102.94
Overdrafts ......................
125,088.32
U. S. Gov’t obligations..
Other bonds and securities
1 , 000.00
Furniture and fixtures.....
Banking house....................
4,000.00
Other real estate...............
Cash and due from banks 185,712.01
Other resburces..................

Capital stock...................... $ 50,000.00
Surplus fund........................
10,000.00
Undivided profits...............
926.96
Reserves ..............................
Demand deposits................. 233,657.23
Time deposits......................
14,000.00
U. S. Gov't deposits...........
Public funds........................
102,319.08
Deposits of banks...............
50,000.00
Total dep........$ 399,976.31
Other liabilities..................

Total ................................ $ 460,903.27

Total .................................$ 460,903.27

BA NK OF L A K E V IL L A G E , L A K E V I L L A G E

Chicot County
Chartered October 14, 1937

Telephone Number 46

Officers

Transit Number 81-598
Directors

B. C. Clark................................President
J. B. Gillison.................. Vice-President
E. T. Cashion............................... Cashier
James S. Suitt.................Asst. Cashier
Frances Wheat............... Asst. Cashier

Ben Angel
E. T. Cashion
B. C. Clark

J. B. Gillison
W. C. Lovette
W. T. Wynne

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 560,323.61
Overdrafts ......................
440.96
U. S. Gov’t obligations..
948,249.39
Other bonds and securities
6,900.00
Furniture and fixtures.....
2,063.41
Banking house....................
10 , 000.00
Other real estate..............
Cash and due from banks 364,079.88
Other resources..................

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
98,144.63
Reserves ..............................
16,726.74
Demand deposits................. 1,249,562.45
Time deposits....................... 154,998.95
U. S. Gov’t deposits...........
13,104.98
Public funds........................
258,538.78
Deposits o f banks...............
Total dep........$1,676,205.16
Other liabilities..................

Total




$1,892,057.25

Total

980.72
$1,892,057.25

61

Thirty-sixth Report

C IT IZ E N S BANK OF LAVACA, LAVACA

Sebastian County
Chartered May 5, 1910

Telephone Number 2341

Officers

Transit Number 81-378
Directors

J. S. Coffman.......................... President
J. M. Llewellyn............ Vice-President
F. L. Granger.................Asst. Cashier

J. S. Coffman
I. H. Fielder

W. D. West, Jr.

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........!
Overdrafts ..........................
U. S. Gov’t obligations.......
Other bonds and securities
Furniture and fixtures.....
Bahking house....................
Other real estate...............
Cash and due from banks
Other resources..................

75,952.08
131,800.00
9,215.99

1.00
1.00

135,760.25

Capital stock...................... !
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$ 317,802.92

15,000.00
7.500.00
4,927.40
7.500.00
280,543.61
8,661.07
2,911.56
25,686.68

Other liabilities
Total

352,730.32

Total

.$ 352,730.32

L I T T L E R IV E R BANK, L E P A N T O

Poinsett County
Chartered November 21, 1919

Telephone Number 108

Officers

Transit Number 81-622
Directors

D. F. Portis..............................President
B. H. Murphy.................. Vice-President
A. T. Bell......................................Cashier
Mrs. R. L. W hite.............Asst. Cashier
Will J. Riddick................ Asst. Cashier

A. T. Bell
E. P. Burton
W. H. Cross
Wayne Eason

B. H. Murphy
D. F. Portis
J. C. Portis

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 689,093.19
Overdrafts ......................
510.50
U. S. Gov’t obligations..
267,200.00
Other bonds and securities
46,770.84
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks 763,866.55
Other resources..................

Capital stock...................... $ 50,000.00
75,000.00
Surplus fund........................
Undivided profits...............
67,498.84
Reserves ..............................
Demand deposits................ 1,193,575.98
Time deposits....................
103,334.31
U. S. Gov’t deposits...........
16,359.26
Public funds........................
261,672.69
Deposits of banks.............
Total dep........$1,574,942.24
Other liabilities.

Total




$1,767,441.08

Total

$1,767,441.08

State o f Arkansas: Bank Department

62

L E S L IE S T A T E BANK, L E S L IE

Searcy County
Chartered April 17, 1948

Telephone Number 60

Transit Number 81-761

Officers

Directors

Rex Killebrew.......................... President
Arthur J. Siegel....Vice-Pres. & Cashier
Virgil Blair.............................. Secretary

Virgil Blair
Rex Killebrew
Wm. J. Seeger

Arthur J. Siegel
Page H. Thomas

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 109,873.16
Overdrafts ..........................
U. S. Gov’t obligations.....
95,768.97
Other bonds and securities
Furniture and fixtures.....
3,452.24
Banking house....................
Other real estate................
Cash and due from banks
91,258.36
Other resources..................
417.85

Capital stock...................... I
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 254,791.46

25.000. 00
10. 000. 00
10,979.12
226,089.13
7,819.46
20,882.87

Other liabilities.
Total

300,770.58

300,770.58

Total

PEO P LE S BANK A N D LOAN CO M PA N Y, L E W I S V I L L E

Lafayette County
Chartered August 25, 1911

Telephone Number 98

Officers

Transit Number 81-475
Directors

W. D. Stewart.......................... President
J. C. Landes....Exec. Vice-Pres. & Cash.

P. D. Burton
P. D. Burton, Jr.
J. A. Harrel

J. C. Landes
T. P. Lemay
W. D. Stewart

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate.................
Cash and due from banks
Other resources..................

346,566.43
223.51
277,563.65
191,854.07
5,000.00
20,000.00
285,125.41
77.25

Capital stock...................... :
Surplus fund......................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$1,034,196.91

30.000. 00
50.000. 00
12,213.41
739,640.53
169,745.93
7,799.34
117,011.11

Other liabilities.
Total




$1,126,410.32

Total

$1,126,410.32

Thirty-sixth Report

63

BANK OF LIN C O LN , L IN CO LN

Washington County
Chartered March 19, 1903

Telephone Number 19

Transit Number 81-3S4
Directors

Officers

W. T. Shannon....................... President
J. A. English................... Vice-President
B. J. Basden................................. Cashier

B.
E.
J.
H.

J. Basden
W. Baugh
A. English
A. Lewis

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

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts...........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

318,204.12
567.83
206,500.00
69,640.00

1.00

1.00

332,259.26

Capital stock...................... :
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$ 831,470.63

25.000. 00
25.000. 00
45,702.58
660,646.15
117,383.28
14,263.23
39,177.97

Other liabilities.
Total ................................ $ 927,173.21

927,173.21

Total

M E T R O P O L IT A N T R U S T C O M PA N Y, L I T T L E ROCK

(Not engaged in commercial banking) \
Pulaski County
Chartered June 5, 1925^

Telephone Number 4-1744

Transit NumberDirectors

Officers

Justin Matthews, Jr..............President
Somers Matthews...........Vice-President
John P. Matthews...................Secretary
Eva M. Hale................ Asst. Secretary

John P. Matthews
Justin Matthews, Jr.
Lila B. Matthews
Martha D. Matthews
Somers Matthews

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts...........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

Total




65,493.93
123,927.39
542.30
53,366.36
4,777.59
191,110.45

$ 439,218.02

Capital stock...........
Surplus fund............
Undivided profits....
Reserves ..................
Demand deposits.....
Time deposits...........
U. S. Gov’t deposits.
Public funds............
Deposits of banks....
Total deposits.........
Other liabilities.......
Total

250,000.00
25,000.00
101,465.02
3,208.47

59,544.53
$ 439,218.02

64

State o f Arkansas: Bank Department

W O R T H E N B A NK A N D T R U S T CO M PA N Y, L I T T L E ROCK

Pulaski County
Chartered August 4, 1902

Telephone Number 4-4392

Officers

Emmett Morris.....Chairman of Board
James H. Penick.....................President
L. E. Dishongh....Vice-Pres. & Cashier
John G. Potts.................Vice-President
Harry M. Crowe...........Vice-President
James Keith.....................Vice-President
G. A. Zimmerman.........Vice-President
Gardner Lile...................Vice-President
Booker Worthen............. Vice-President
Dan M. Murphy...Asst. Vice-President
Melvin Lawson.....Asst. Vice-President
R. B. Elwood.........Asst. Vice-President
M. S. Heim........................ Asst. Cashier
M. L. Hogan......................Asst. Cashier
R. M. McCown................... Asst. Cashier
Louis East.......................... Asst. Cashier
W. G. Cobb........................Asst. Cashier
E. O. Maness.................... Asst. Cashier
G. L. Alexander............... Asst. Cashier

Transit Number 81-7
Directors

Wm. C. Allsopp
W. Robt. Crow
Harry M. Crowe
L. E. Dishongh
Alfred Leymer
Emmet Morris

James H. Penick
John G. Potts
Frank M. Silverman
Theo. C. Treadway
Booker Worthen

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.......$ 8,607,625.84
Overdrafts ........................
78.50
U. S. Gov’t obligations.... 25,661,523.85
Other bonds and secur... 4,559,633.52
Furniture and fixtures....
115,000.00
Banking house..................
150,000.00
Other real estate.............
Cash and due from banks 17,674,103.35
Other resources................
84,824.53

Capital stock...................... $ 1,000,000.00
Surplus fund....................... 1,000,000.00
Undivided profits.............
360,138.58
Reserves ..........................
111,988.89
Demand deposits............... 27,669,110.41
Time deposits................... 10,648,151.95
U. S. Gov’t deposits......... 1,064,466.25
Public funds....................... 5,513,568.09
Deposits of banks........... 9,481,974.52
Total dep....$54,377,271.22
Other liabilities.................

Total .............................. $56,852,789.59




3,390.90

Total ...............................$56,852,789.59

Thirty-sixth Report

Ob

BA NK OF LOCKESBURG, LOCKESBURG

Sevier County
Chartered October 14, 1902

Telephone Number 78

Transit Number 81-385

Officers

Directors

M. L. Norwood....................... President
R. C. Norwood.......................... Cashier
Mrs. R. C. Norwood.........Asst. Cashier

Mary F. Hampson M. L. Norwood
Hugh Latimer
R. C. Norwood

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

89,974.31
203,950.00
21,000.00
•1.00
1,600.00
119,708.58

Capital stock...................... $ 25.000. 00
14.000. 00
Surplus fund........................
7,713.54
Undivided profits................
Reserves ..............................
Demand deposits.................. 321,699.78
30,465.46
Time deposits..................
U. S. Gov’t deposits...........
37,355.11
Public funds........................
Deposits of banks..............
Total dep........$ 389,520.35
Other liabilities.

Total

436,233.89

436,233.89

Total

F IR S T S T A T E BANK, L O N O K E

Lonoke County
Chartered March 9, 1935

Telephone Number 157

Officers

Transit Number 81-200
Directors

J. J. Fletcher...........................President
W. H. Bransford...........Vice-President
Neill Fletcher.V ice-Pres. & Cashier
Arthur Herring.................Asst. Cashier

J. O. Bennett
W. H. Bransford
J. J. Fletcher
Neill Fletcher

M. E. Lyons
W. W. McCrary, Jr.
Guy E. Williams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 122,872.91
Overdrafts ..........................
U. S. Gov’t obligations..... 993,729.80
Other bonds and securities
67,236.92
Furniture and Fixtures.....
1.00
Banking house....................
1.00
Other real estate...............
Cash and due from banks 260,969.65
Other resources..................
7,898.99

Capital stock...................... $ 25,000.00
Surplus fund.............. :........
40,000.00
Undivided profits...............
52,907.57
Reserves ..............................
Demand deposits............— 1,142,441.74
Time deposits......................
U. S. Gov’t deposits...........
2,349.87
Public funds........................
190,011.09
Deposits of banks..............
Total dep........$1,334,802.70
Other liabilities.

Total




$1,452,710.27

Total

$1,452,710.27

State o f Arkansas: Bank Department

66

F A R M E R S BANK A N D T R U S T C O M PAN Y, M A G N O L IA

Columbia County
Chartered September 26, 1906

Telephone Number 1

Transit Number 81-163

Officers

Directors

T. S. Grayson.......................... President
R. S. Warnock, Jr.......... Vice-President
W. L. Jameson, Jr.......... Vice-President
J. B. Lee...................................... Cashier
H. A. Reid...................... Asst. Cashier
W. K. Twitty.................. Asst. Cashier

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

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 90,408.12
Overdrafts ..........................
309.10
U. S. Gov’t obligations..... 5,940,672.68
Other bonds and securities
Furniture and fixtures.....
28,808.00
Banking house....................
51,439.00
Other real estate...............
42.00
Cash and due from banks 1,581,386.59
Other resources..................
4.00

Capital stock...................... $ 50,000.00
200,000.00
Surplus fund........................
Undivided profits............... 127,968.79
Reserves ..............................
Demand deposits................. 6,346,724.44
Time deposits......................
371,181.09
U. S. Gov’t deposits...........
26,440.81
Public funds........................
567,352.85
Deposits of banks...............
3,401.51
Total dep........$7,315,100.70
Other liabilities..................

Total ................................ $7,693,069.49

Total ................................ $7,693,069.49

BA NK OF M A L V E R N , M A L V E R N

Hot Spring County
Chartered June 24, 1889

Transit Number 81-131

Telephone Number 66

Officers

Directors

Robert S. Smith, Jr..........President
J. Elmo Young.........Vice-President
R. R. Chamberlain....Vice-President
Dr. W. S. Richardson.....Vice-Pres.
Jester Jones............................ Cashier
Miss Hester H. Smith..Asst. Cash.
Foy G. Ritchey...........Asst. Cashier

Mrs. Flora B. Adams Chas. S. Smith
Ray Boyle
Robert S. Smith, Jr.
R. R. Chamberlain J. Elmo Young
Dr. W. S. Richardson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts........... $ 528,700.95
Overdrafts ..........................
3.508.16
U. S. Gov’t obligations..... 2,289,979.66
Other bonds and securities
21,050.00
Furniture and fixtures.....
27,420.36
Banking house....................
1,975.00
Other real estate...............
Cash and due from banks 783,498.35
Other resources..................
9,910.00

Capital stock........................ $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
89,850.34
Reserves ..............................
23,206.31
Demand deposits................. 3,043,629.51
Time deposits.....................
47,630.28
U. S. Gov’t deposits...........
40,076.65
Public funds........................
302,836.74
Deposits of banks...............
18,812.65
Total dep........$3,452,985.83
Other liabilities.

Total




$3,666,042,48

Total

$3,666,042.48

67

Thirty-sixth Report

PEO PLES BANK, M A M M O T H SPRING

Fulton CountyChartered February 8, 1921

Telephone Number 44

Transit Number 81-645

Officers

Directors

J. F. Martin............................ President Mrs. Auda M. Culver
Cloy H. Culver....Vice-Pres. & Cashier Cloy H. Culver
Lew W. Lewis................ Asst. Cashier J. F. Martin

J. R. Martin
I. M. Plumlee

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 69,089.33
Overdrafts ......................
108.18
U. S. Gov’t obligations..
528,000.00
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
380.00
Other real estate..............
Cash and due from banks 145,382.35
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund........................
10,000.00
Undivided profits..................
12,193.00
Reserves ..............................
Demand deposits................. 664,879.35
Time deposits......................
U. S. Gov’t deposits...........
2,654.17
Public funds............................
28,234.34
Deposits of banks..............
Total dep........$ 695,767.86
Other liabilities..................

Total ................................$ 742,960.86

Total ................................ $ 742,960.86

M E R C H A N T S AND P L A N T E R S BANK, M A N IL A

Mississippi County
Chartered March 16, 1948

Telephone Number 30

Transit Number 81-710

Officers

Directors

E. C. Fleeman......................... President H. D. Alston
C. W. Tipton..................Vice-President Wm. Borowsky
Wm. G. Fox................................. Cashier E. P. Burton
T. W. Holt........................ Asst. Cashier E. C. Fleeman

Wm. G. Fox
C. W. Tipton
L. E. Townsend

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

Liabilities

338,584.65
31,000.00
10,524.17
10,153.00
447,469.29

Capital stock............. .'........
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$ 747,794.89

50.000. 00
15.000. 00
24,936.22
497,113.91
250,680.98

Other liabilities.
Total




837,731.11

Total

837,731.11

State o f Arkansas: Bank Department

68

BA NK OF M A N S F IE L D , M A N S F IE L D

Sebastian County
Chartered February 16, 1939

Telephone Number 7

Officers

Transit Number 81-249
Directors

G. R. Holbrook..........................President Gilmer K. Dixon
Gilmer K. Dixon.............. Vice-President B. R. Holbrook
W. W. Holbrook..........................Cashier G. R. Holbrook
B. R. Holbrook.............. Asst. Cashier

W. W. Holbrook
S. M. Taylor
G. G. Woods

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

241,678.93
67.56
694,000.00
111,948.00
1.00
1.00
386,789.72

Capital stock...................... $ 30,000.00
Surplus fund........................
45,000.00
Undivided profits...............
31,495.58
Reserves ............................
28,094.79
Demand deposits................. 969,906.05
Time deposits......................
250,205.56
U. S. Gov’t deposits.........
12,647.37
Public funds........................
67,136.86
Deposits of banks...............
Total dep........$1,299,895.84
Other liabilities..................

Total ................................ $1,434,486.21

Total ................................ $1,434,486.21

F A R M E R S A N D M E R C H A N T S BANK, M A R IA N N A

Lee County
Chartered January 9, 1942

Telephone Number 585

Officers

Transit Number 81-744
Directors

H. L. Petty.............................. President
W. V. Moye..................... Vice-President
W. R. Jones................................. Cashier
Mrs. Nelle R. Stallings...Asst. Cashier

E. D.
Thos.
A. C.
Glenn
John

Conner
H. Gist
Mahan, Jr.
U. Miller
F. Miller

W. V. Moye
Ike Panich
H. L. Petty
Harvey W. Wilson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

872,552.24
786.00
28,500.00
18,000.00
7,445.01
516,275.00
603.81

Capital stock...................... !
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$1,291,899.51

50.000. 00
50.000. 00
43,635.02
8,627.53
985,910.05
7,600.00
9,902.99
263,486.47
25.000. 00

Other liabilities.
Total




$1,444,162.06

Total

$1,444,162.06

Thirty-sixth R eport

69

C IT IZ E N S BANK, M ARIO N

Crittenden County
Chartered March 15, 1938

Telephone Number 1

Officers

Transit Number 81-742
Directors

J. F. Fogleman........................ President
Perry Barton..................Vice-President
A. J. Lumpkin............................Cashier
Mrs. Mary L. Hoskins....Asst. Cashier

Perry Barton
A. J. Lumpkin
Wilson P. Barton Alex Stirewalt
J. F. Fogleman

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

232,554.33
102.71
887,989.58
120,780.43
1.00
1.00
352,416.15

Capital stock...................... $ 40,000.00
Surplus fund........................
40,000.00
42,219.60
Undivided profits..............
Reserves ..............................
Demand deposits................
995,558.68
Time deposits...............
71,873.46
U. S. Gov’t deposits..........
6,053.63
Public funds........................
398,139.83
Deposits of banks..............
Total dep........$1,471,625.60
Other liabilities..................

Total ................................$1,593,845.20

Total ................................ $1,593,845.20

M A R K E D T R E E BA NK, M A R K E D T R E E

Poinsett County
Chartered March 3, 1932

Telephone Number 60

Officers

Transit Number 81-705
Directors

John Brunner, Sr.....................President Frank Brunner
H. R. Ritter......................Vice-President John Brunner
Louis H. Goad............................. Cashier John Brunner, Jr.
Helen M. Stewart.............Asst. Cashier

H. R. Ritter
L. V. Ritter
L. V. Ritter, Jr.

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 704,332.58
Overdrafts ..........................
77.60
U. S. Gov’t obligations.....
868,145.00
Other bonds and securities
.50
Furniture and fixtures.....
Banking house....................
.50
Other real estate...............
Cash and due from banks 556,345.11
Other resources..................

Capital stock...................... $ 50,000.00
Surplus fund........................
75,000.00
Undivided profits..............
36,681.23
5,862.17
Reserves ..............................
Demand deposits................ 1,655,357.19
Time deposits......................
2,226.00
U. S. Gov’t deposits...........
9,206.53
Public funds........................
278,505.73
Deposits of banks...............
16,062.44
Total dep........$1,961,357.89
Other liabilities..................

Total




$2,128,901.29

Total

$2,128,901.29

State o f Arkansas: Bank Department

70

T H E C IT IZ E N S BA NK, M A R S H A L L

Searcy County
Chartered February 26, 1940

Telephone Number 27

Transit Number 81-715
Directors

Officers

Mrs. Mary Massey....................President J. C. Baker
J. C. Baker........................Vice-President M. F. Cash
Leo W atts..................................... Cashier Leonard Coffman
Jimmie Lee Battershelk.Asst. Cashier
Dewey Massey

Mrs. Mary Massey
Ancil Mays
Leo Watts

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

294,409.66
20.83
257,000.00

6 , 000.00

4,249.67
13,363.78
5,892.87
573,657.64

Capital stock...................... $ 25,000.00
Surplus fund........................
35,000.00
Undivided profits...............
15,163.45
Reserves ..............................
Demand deposits................. 620,444.07
286,050.65
Time deposits......................
U. S. Gov’t deposits...........
6,189.27
Public funds........................
166,747.01
Deposits of banks...............
Total dep........$1,079,431.00
Other liabilities.

$1,154,594.45

Total

Total

$1,154,594.45

BA NK OF M A R V E L L , M A R V E L L

Phillips County
Chartered January 8, 1903

Telephone Number 32

Officers

Transit Number 81-393
Directors

Guy Robinson.......................... President
H. B. W illis.........Vice-Pres. & Cashier
F. H. W ebster.............Vice-President
Evelyn S. Cooke.............. Asst. Cashier

Kennedy J. Graves
Edmund Hirsch
Weldon Jackson
Guy Robinson

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

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts...........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

379,187.69
348.410.00
26,354.11

2 , 000.00

3,700.00

1.00

232.062.01

Capital stock...................... $ 50.000. 00
Surplus fund........................
25.000. 00
Undivided profits...............
37,693.52
Reserves ..............................
Demand deposits................. 832,129.95
Time deposits......................
2 , 000.00
U. S. Gov’t deposits..........
Public funds........................
44,891.34
Deposits of banks...............
Total dep........$ 879,021.29
Other liabilities.

Total




.$ 991,714.81

Total

$ 991,714.81

71

Thirty-sixth Report

BANK OF McCRORY, McCRORY

Woodruff County
Chartered Jhne 8, 1903

Telephone Number 20

Officers

Transit Number ’ 81-261
Directors

I. N. Arnof................................. President I. N. Arnof
Vance M. Thompson___ Vice-President John D. Eldridge, Jr.
J. F. Watkins... Exec.
Vice-President Vance M. Thompson
Otto Miller.................................. Cashier
Ruth Files........................ Asst. Cashier
Mrs. Imogene Beeson.....Asst. Cashier
James W. Taylor.............Asst. Cashier
STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

603,484.33
161.09
507,500.00
200,460.14
1.00
1.00
360,252.32

Capital stock...................... $ • 50,000.00
Surplus fund................
50,000.00
Undivided profits..............
33,154.32 '
Reserves ..............................
Demand deposits................. 1,329,142.23
Time deposits......................
U. S. Gov’t deposits...........
11,475.38
Public funds........................
198,087.95
Deposits of banks...............
Total dep........$1,538,705.56
Other liabilities..................

Total ................................$1,671,859.88

Total ................................$1,671,859.88

M cG EH EE BANK, M cG EHEE

Chartered December 5, 1933

Desha County
Telephone Number 31

Officers

Transit Number 81-585
Directors

G. H. Linaker........................President
Sam Bowman.....Exec. Vice-President
R. G. Verser...................Vice-President
J. W. Willoughby, Jr................Cashier
Mark E. Sherland, Jr......Asst. Cashier
James E. Ferriss.............Asst. Cashier

R. L. Beck
C. B. Bowman
Sam Bowman
G. H. Linaker
W. A. McGeHee,

W.
W.
R.
R.

A. Smith
R. Stephens
B. fBtone
G. Verser

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,426,000.50
Overdrafts ..........................
1,867.37
U. S. Gov’t obligations.....
955,249.72
Other bonds and securities 774,503.65
Furniture and fixtures.....
10,760.25
Banking house....................
Other real estate..............
Cash and due from banks 750,493.64
Other resources..................
886.09

Capital stock...................... $ 75,000.00
Surplus fund........................
100,000.00
Undivided profits...............
86,705.24
Reserves ..............................
30,395.61
Demand deposits................ 2,233,165.86
Time deposits......................
752,750.79
U. S. Gov’t deposits...........
22,367.08
Public funds........................
613,379.80
Deposits of banks..............
Total dep........$3,621,663.53
Other liabilities..................

Total .................................. $3,919,761.22




5,996.84

Total .................................. $3,919,761.22

72

State o f Arkansas: Bank Department

T H E BA NK OF M E L B O U R N E , M E L B O U R N E

Izard County
Chartered July 29, 1896

Telephone Number 17

Transit Number 81-397
Directors

Officers

G. H. Miller............................ President
A. J. Younger............... Vice-President
Marean Pearson.......................... Cashier
Opal Smith........................ Asst. Cashier

R. L. Blair
G. H. Miller
Marean Pearson

E. B. Watts
A. J. Younger

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

134,657.60
38.32
417,052.02
4,909.80

Loans and discounts.........
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

1.00
1.00

221,904.09

Capital stock......................
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov't deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 728,902.06

15.000. 00
25.000. 00
9,572.06
89.71
568,715.96
6,519.90
153,666.20

Other liabilities
778,563.83

Total

Total

778,563.83

T H E U N IO N BA NK OF M E N A , M E N A

Polk County
Chartered July 25, 1934

Telephone Number 85

Officers

Transit Number 81-98
Directors

W. J. Lauck.............................President
W. A. Finks.....................Vice-President
W. L. Boyd................................. Cashier
Paul Von oilm en.............Asst. Cashier

W. L. Boyd
W. A. Finks

W. J.Lauck

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate................
Cash and due from banks
Other resources..................

659,499.74
124.98
526,552.00
405,980.09
8,524.73
13,049.90
588,417.11
4,105.46

Capital stock...................... $ 50,000.00
Surplus fund.........................
50,000.00
Undivided profits...............
60,189.63
Reserves ..............................
Demand deposits................. 1,714,395.75
Time deposits......................
115,552.23
U. S. Gov’t deposits...........
20,577.34
Public funds........................
195,539.06
Deposits of banks...............
Total dep........$2,046,064.38
Other liabilities...................

Total




$2,206,254.01

Total

$2,206,254.01

73

Thirty-sixth Report

M O N E T T E S T A T E BANK, M O N E T T E

Craighead County
Chartered December 29, 1936

Telephone Number 50

Officers

Transit Number 81-724
Directors

R. E. Jacobs............................ President
B. Frank Williams......Vice-President
R. E. Jacobs................................Cashier
D. F. Portis............................Secretary
F. H. Heise...................... Asst. Cashier

R. E.
D. F. Portis

Jacobs

B. FrankWilliams

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 661,208.32
Overdrafts ..........................
2.06
U. S. Gov’t obligations......
25,000.00
Other bonds and securities
Furniture and fixtures.....
2,591.00
Banking house....................
Other real estate................
Cash and due from banks 913,814.07
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund........................
50,000.00
Undivided profits...............
65,834.15
Reserves ..............................
Demand deposits................ 1,214,231.16
Time deposits......................
23,224.44
U. S. Gov’t deposits...........
Public funds........................
117,305.24
Deposits of banks............. 107,020.46
Total dep........$1,461,781.30
Other liabilities.

Total ................................ $1,602,615.45

Total ................................ $1,602,615.45

C O M M E R C IA L LOAN A N D T R U S T C O M PAN Y, M O N T IC E L L O

Drew County
Chartered November 29, 1912

Telephone Number 228

Officers

Transit Number 81-534
Directors

J. D. McCloy............................ President
M. L. Sigman.................Vice-President
Joe McCloy.........Exec. Vice-President
Mrs. Mabel Cox Sherry...........Cashier
Mrs. Velma Allen...........Asst. Cashier

J. A. Baxter
J. F. Brann
E. R. Lambert
J. D. McCloy
Joe McCloy
John B. Posey

Clarence W. Porter
James A. Ross
Joe Shelton
M. L. Sigman
Virgil J. Trotter, Jr.

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate.................
Cash and due from banks
Other resources..................

340,120.23
66.09
911,100.00
423,613.13
4,450.00
16,202.51
1.00
450,309.32
4,333.42

Capital stock...................... $ 60,000.00
Surplus fund........................
60,000.00
Undivided profits...............
18,619.99
Reserves ..............................
50,000.00
Demand deposits................ 1,562,992.37
Time deposits......................
44,834.15
U. S. Gov’t deposits...........
31,612.13
Public funds........................
321,137.06
Deposits of banks.............
1,000.00
Total dep........$1,961,575.71
Other liabilities..................

Total




$2,150,195.70

Total

$2,150,195.70

4

74

State o f Arkansas: Bank Department

U N IO N

BANK A N D T R U S T C O M PA N Y,

M O N T IC E L L O

Drew County
Chartered September 15, 1915

Telephone Number 180

Officers

Transit Number 81-156
Directors

V. J. Trotter......................... President R. A. Adcock
Adrian Williamson.........Vice-President Brown Calhoun
Charles W. Daniel.Vice-Pres. & Cash. George Campster
D. F. Stalnaker................. Asst. Cashier Charles W. Daniel
F. L. Lance........................Asst. Cashier Zach McClendon
Mrs. Virginia Pierce........ Asst. Cashier W. R. McCloy

Dr. J. P. Price
R. P. Trotter
V. J. Trotter
Adrian Williamson
M. F. Wright

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,389,926.13
Overdrafts ..........................
1,342.44
U. S. Gov’t obligations.....
698,900.00
Other bonds and securities 1,196,673.51
1.00
Furniture and fixtures.....
Banking house....................
1.00
Other real estate...............
Cash and due from banks 533,073.42
Other resources..................
1,007.46

Capital stock...................... $ 100,000.00
Surplus fund..;.....................
100,000.00
Undivided profits...............
58,737.55
Reserves ..............................
169,024.83
Demand deposits................. 2,595,863.78
Time deposits....................... 232,985.66
U. S. Gov’t deposits...........
40,388.36
516,413.69
Public funds........................
Deposits of banks.............
7,511.09
Total dep........$3,393,162.58
Other liabilities..................

Total ................................ $3,820,924.96

Total .................................$3,820,924.96

T H E F IR S T S T A T E BANK, M O R R IL T O N

Conway County
Chartered November 26, 1930

Telephone Number 10

Transit Number 81-144

Officers

R. H. Dickenhorst................... President
S. E. McReynolds........... Vice-President
C. E. Linebarger........................Cashier
H. J. Kordsmeier.......... Asst. Cashier

Directors

R. H. Dickenhorst S. E. McReynolds
R. M. Huie
T.
M.McReynolds
S. R. McKinley
L. T. Oates

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,142,921.25
Overdrafts ..........................
36.33
U. S. Gov’t obligations..... 2,300,500.00
Other bonds and securities 178,491.18
Furniture and fixtures.....
Banking house....................
25,000.00
Other real estate...............
1.00
Cash and due from banks 1,156,583.11
Other resources..................

Capital stock...................... $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits............... 107,784.17
Reserves ................
14,785.70
Demand deposits................. 4,101,717.83
Time deposits......................
113,475.40
U. S. Gov’t deposits...........
40,811.24
Public funds........................
222,741.83
Deposits of banks...............
2,216.70
Total dep........$4,480,963.00

Total ................................$4,803,532.87



Other liabilities.
Total ....... .........................,$4,^

75

Thirty-sixth Report

T H E B A NK OF M O N T G O M E R Y C O U N TY , M O U N T IDA

Montgomery County
Chartered November 26, 1930

Telephone Number 9 Transit Number 81-404

Officers

Directors

R. A. Rice
.......................... President
J. A. Rice........................Vice-President
Amos Horn..................................Cashier
Andrew S. Hulsey..........Asst. Cashier
Ola Bell Black................. Asst. Cashier

J. A. Rice
L. V. Rice

R. A. Rice

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 270,594.26
Overdrafts ......................
224,700.00
U. S. Gov’t obligations..
2,647.92
Other bonds and securities
3,629.50
Furniture and fixtures.....
1,500.00
Banking house....................
Other real estate..............
Cash and due from banks 274,081.76
Other resources..................

Captial stock...................... $ 25,000.00
Surplus fund........................
17,500.00
Undivided profits...............
23,452.74
Reserves ..............................
3,194.13
Demand deposits................. 486,298.90
111,460.17
Time deposits......................
U. S. Gov’t deposits...........
1,393.22
Public funds........................
108,854.28
Deposits of banks..............
Total dep........$ 708,006.57
Other liabilities..................

Total ................................ $ 777,153.44

Total ................................ $ 777,153.44

T H E PEO PLES BANK, M O U N T A IN

HOME

Baxter County
Chartered August 10, 1906

Telephone Number 6

Officers

Transit Number 81-402
Directors

J. Paul Morgan...................... President
Powers L. Fowler.....Exec. Vice-Pres.
Don J. Baker................. Vice-President
Neil Nelson..................................Cashier
Lon Jones, Jr................... Asst. Cashier

Don J. Baker
Earle J. Bryant
M. E. Curlee

W ylo Dyer
J. Paul Morgan

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 519,520.34
172.65
Overdrafts ......................
1,391,735.67
U. S. Gov’t obligations..
86,794.10
Other bonds and securities
4,500.00
Furniture and fixtures.....
10 , 000.00
Banking house....................
Other real estate...............
Cash and due from banks 692,821.15
Other resources..................

Capital stock...................... $ 50,000.00
50,000.00
Surplus fund........................
Undivided profits..............
45,977.37
Reserves ..............................
Demand deposits................ 2,342,234.64
Time deposits......................
U. S. Gov’t deposits...........
1,935.00
Public funds........................
215,396.90
Deposits of banks...............
Total dep........$2,559,566.54
Other liabilities..................

Total .................................. $2,705,543.91




Total ...................................$2,705,543.91

76

State o f Arkansas: Bank Department

BANK OF M O U N T A IN V I E W , M O U N T A I N V I E W

Stone County
Chartered July 21, 1915

Telephone Number 2271

Officers

Transit Number 81-403
Directors

W. C. Branscum................... President
J. T. Smith................... Vice-President
H. R. Moore................................ Cashier
Reva Killian................... Asst. Cashier
Marie Goodman..............Asst. Cashier

W. C. Branscum H. R. Moore
Hubert Hinkle
J. T. Smith
Lackey W. Moody

STATEMENT OP JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 86,830.97
Overdrafts ..........................
U. S. Gov’t obligations.....
423,100.00
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
1,000.00
Other real estate..............
Cash and due from banks 253,330.26
Other resources..................
501.00

Capital Stock...................... :
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 695,612.05

25.000. 00
30.000. 00
13,569.42
581.76
578,611.49
117,000.56

Other liabilities.
Total

.$ 764,763.23

Total

$ 764,763.23

BANK OF M U L B E R R Y , M U L B E R R Y

Crawford County
Chartered January 15, 1902

Telephone Number 40

Officers

Transit Number 81-257
Directors

S. B. Stevinson...................... President
T. J. House.........Vice-Pres. & Cashier
Mrs. T. J. House.............Asst. Cashier
C. D. Chastain...............Asst. Cashier

C. R. Counts
B. J. Farmer
T. J. House

O. J. Kirksey
S. B. Stevinson

STATEMENT OF JUNE 30, 1950
Resources
Liabilities
Loans and discounts.........$ 295,862.13 Capital stock...................... $ 25,000.00
Overdrafts ..........................
Surplus fund........................
25,000.00
298,600.00 Undivided profits...............
U. S. Gov’t obligations.....
51,235.42
Other bonds and securities
44,265.00 Reserves ..............................
Furniture and fixtures.....
1.00 Demand deposits................. 804,430.56
Banking house....................
1.00
Time deposits......................
3,100.00
Other real estate..............
1.00
U. S. Gov’t deposits.........
10,082.98
Cash and due from banks 376,402.20 Public funds........................
96,783.37
Other resources..................
500.00 Deposits of banks...............
Total dep........$ 914,396.91
Other liabilities..................
Total




$1,015,632.33

Total

$1,015,632.33

77

Thirty-sixth Report

P IK E C O U N T Y BA NK, M U R FR EESB O R O

Pike County
Chartered December 19, 1904

Telephone Number 5

Officers

Transit Number 81-405
Directors

John Beavers............................President Dr. T. P. Alford
Clarence Anthony.......... Vice-President Clarence Anthony
C. W. Darnall..............................Cashier John Beavers
Cleo Risner...................... Asst. Cashier L. L. Beavers
C. W. Darnall

Glenn Hickey
Mabel B. Manville
Carle Robbins
M. L. Stueart

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

373,100.15
473,774.00
6,104.08
5,639.00
7,010.57
259,850.89

Capital stock...................... I
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$1,027,583.58

25.000. 00
25.000. 00
47,895.11
718,190.54
102,997.00
206,396.04

Other liabilities.
Total

$1,125,478.69

Total

,125,478.69

BANK OF N E T T L E T O N , N E T T L E T O N

Craighead County
Chartered February 13, 1904

Telephone Number 2131

Officers

Transit Number 81-406
Directors

L. D. Kiech................................President
Fred Shauver.................... Vice-President
E. E. Hale....................................Cashier
R. E. Thomas.................. Asst. Cashier

E. E. Hale
E. C. Kiech
L. D. Kiech

Veon C. Kiech
Fred Shauver

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Loans and discounts.........
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

576,933.45
13.47
911,200.00
69,250.00
1.00

4,700.00
342,165.84

Capital stock...................... $ 40,000.00
Surplus fund........................
80,000.00
Undivided profits...............
46,984.31
Reserves ..............................
Demand deposits................. 1,589,428.40
Time deposits......................
U. S. Gov’t deposits.........
387.56
Public funds........................
147,463.49
Deposits of banks..............
Total dep........$1,737,279.45
Other liabilities.

Total



$1,904,263.76

Total

$1,904,263.76

78

State o f Arkansas: Bank Department

BANK OF N E W A R K , N E W A R K

Independence County
Chartered October 10, 1944

Telephone Number 16

Transit Number 81-7.48
Directors

Officers

J. Clyde Edwards...................President
W. J. Freeze...................Vice-President
Austin Leeds................................ Cashier
J. L. Magness.................... Asst. Cashier

O. L. Bone
J. L. Magness
J. Clyde Edwards Ed V. Wilson
W. J. Freeze
L. E. Wilson
Austin Leeds

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 152,296.07
Overdrafts ..........................
U. S. Gov’t obligations
342,000.00
Other bonds and securities
Furniture and fixtures
400.00
Banking house....................
Other real estate..............
Cash and due from banks 155,698.73
Other resources..................

Capital stock...................... $ 25,000.00
15,000.00
Surplus fund........................
12,028.22
Undivided profits..............
Reserves ..............................
Demand deposits................. 560,133.04
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................ . 38,173.94
Deposits of banks...............
Total dep........$ 598,306.98
59.60

Other liabilities..................
Total ................................ $ 650,394.80

Total ................................ $ 650,394.80

BA NK OF N E W ED IN B U R G , N E W E D IN B U R G

Cleveland County
Chartered August 22, 1904

Telephone Number 846F11

Transit Number 81-408
Directors

Officers

E. T. Attwood...................... ..President
C. B. Attwood................ Vice-President
Ray Attwood.......................... .....Cashier

C. B. Attwood
E. T. Attwood

Ray Attwood

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........$ 84,759.64
Overdrafts ..........................
U. S. Gov’t obligations.....
158,989.91
Other bonds and securities
19,610.86
Furniture and fixtures.....
82.91
Banking house....................
1.00
Other real estate...............
Cash and due from banks
68,692.52
Other resources..................
130.00

Total ................................ $ 332,266.84




Liabilities

12,500.00
12,500.00
9,046.79

Capital stock.................... $
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 297,994.06

212,255.03
21,188.61

Other liabilities..................

225.99

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

64,550.42

332,266.84

Thirty-sixth Report

79

M E R C H A N T S A N D P L A N T E R S BANK, N E W P O R T

Jackson County
Chartered March 20, 1946

Telephone Number 270

Transit Number 81-756
Directors

Officers

W. A. McCartney
D. H. Burton........ ....................President R. C. Biggadike
Ralph McDonald
D. H. Burton
W. A. McCartney ...........Vice-President
Leonidas Mack
P. L. Copeland..... Exec. Vice-President P. L. Copeland
J. A. Thompson
A. G. Johnston.... ........................Cashier Robert Holden
Paul K. Holmes, Jr.
L. H. Conditt.................... Asst. Cashier
STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 804,126.49
Overdrafts ........................ .
U. S. Gov’t obligations..... 267,824.20
Other bonds and securities
29,794.72
Furniture and fixtures.....
16,942.39
Banking house....................
Other real estate..............
Cash and due from banks 963,007.72

Capital stock...................... $ 75,000.00
Surplus fund........................
25,000.00
Undivided profits..............
49,819.81
13,224.46
Reserves ...................
Demand deposits.............. ... 1,527,490.02
Time deposits......................
49,000.00
I T . S. Gov’t deposits..........
1,256.25
Public funds........................
323,350.00,
Deposits of banks.............
17,554.98
Total dep........$1,918,651.25

Other resources

Other liabilities
$2,081,695.52

Total

$2,081,695.52

Total

T H E T W I N C IT Y BANK, N O R T H L I T T L E ROCK

Pulaski County
Chartered March 21, 1935

Telephone Number 5-5361

Officers

Transit Number 81-54
Directors

Henry O. Topf........................ President
R. J. Rice....................... Vice-President
DeWayne Jones.......................... Cashier
J. Grayson Dickson........Asst. Cashier
Ray O. Clifton................Asst. Cashier

R. J. Rice
Henry O. Topf

J. E. Wright

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,169,836.33
Overdrafts ..........................
U. S. Gov’t obligations..... 4,233,824.44
Other bonds and securities 121,273.07
Furniture and fixtures.....
21,196.15
Banking house....................
21,000.00
Other real estate..............
Cash and due from banks 1,720,219.06
Other resources..................
37.50

Capital stock...................... $ 150,000.00
Surplus fund........................
150,000.00
Undivided profits...............
41,258.83
Reserves ..............................
Demand deposits................ 5,287,158.55
Time deposits......................
676,515.91
U. S. Gov’t deposits...........
Public funds........................
982,449.28
Deposits of banks..............
Total dep........$6,946,123.74
Other liabilities..................

Total .................................. $7,287,386.55




3.98

Total ...................................$7,287,386.55

State o f Arkansas: Bank Department

80

M ISSIS SIPPI C O U N T Y BANK, OSCEOLA

Mississippi County
Chartered March 15, 1928

Telephone Number 500

Officers

Transit Number 81-387
Directors

G. H. Florida.........Chairman of Board
C. B. W ood.............................. President
H. F. Ohlendorf.............Vice-President
James W. Farris....Vice-Pres. & Cash.
C. L. Anderson, Jr...........Asst. Cashier
Mary E. Balloue...............Asst. Cashier
Nora W ise........................... Asst. Cashier
Bill Landrum......................Asst. Cashier

R. C. Branch
James W. Farris
G. H. Florida
Thos. P. Florida

A. Liverant
H. F. Ohlendorf
C. B. W ood

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$1,886,585.35
Overdrafts ..........................
U. S. Gov’t obligations..... 281,500.00
Other bonds and securities 189,927.62
Furniture and fixtures.....
10,578.74
Banking house....................
1.00
Other real estate...............
1.00
Cash and due from banks 1,142,123.80
Other resources..................
3,097.50

Capital stock...................... $ 175,000.00
Surplus fund.................
175,000.00
Undivided profits...............
71,912.32
Reserves ..............................
615.48
Demand deposits................. 2,317,623.96
Time deposits......................
412,624.23
U. S. Gov’t deposits.........
16,597.47
Public funds........................
344,441.55
Deposits of banks...............
Total dep........$3,091,287.21
Other liabilities..................

Total ................................ $3,513,815.01

Total ................................ $3,513,815.01

T H E P L A N T E R S BANK, OSCEOLA

Mississippi County
Chartered April 13, 1944

Telephone Number 420

Officers

J. T. Cromer............................ President
C. E. Dean...........Vice-Pres. & Cashier
J. F. Herndon...................Asst. Cashier

Transit Number 81-745
Directors

J. T. Cromer
A. W. Young
C. E. Dean
L. C. B. Young
Nathan Weinberg

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 815,934.76
Overdrafts ..........................
U. S. Gov’t obligations..... 1,073,288.72
Other bonds and securities
96,451.03
Furniture and fixtures.....
7,796.62
Banking house....................
25,000.00
Other real estate................
Cash and due from banks 670,639.27
Other resources..................

Capital stock...................... $ 75,000.00
Surplus fund........................
75,000.00
Undivided profits...............
68,933.20
Reserves ..............................
15,622.03
Demand deposits................. 1,628,615.62
Time deposits......................
433,081.05
U. S. Gov’t deposits...........
34,449.75
Public funds........................
358,408.75
Deposits of banks...............
Total dep........$2,454,555.17
Other liabilities.

T otal .................................. $2,689,110.40




Total ................................... $2,689,110.40

81

Thirty-sixth Report

BANK OF OZARK, OZARK

Franklin County
Chartered June 9, 1937

Telephone Number 28

Officers

Transit Number 81-727
Directors

W. A. Hudspeth...................... President
W. A. Hudspeth, Jr......Vice-President
Don Smith....................................Cashier

W. A. Hudspeth
Jeta Taylor
Frank N. Johnston Romie Wilson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 343,914.56
Overdrafts ......................
942.90
U. S. Gov’t obligations..
915,900.00
Other bonds and securities
3,299.87
Furniture and fixtures.....
50.00
Banking house....................
2 , 000.00
Other real estate..............
Cash and due from banks 306,153.49
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund........................
50,000.00
Undivided profits..............
3,621.50
Reserves ..............................
Demand deposits................. 1,360,972.92
Time deposits......................
U. S. Gov’t deposits...........
Public funds......................
131,886.42
Deposits of banks..............
Total dep........$1,492,859.34
Other liabilities..................

Total ................................$1,572,260.82

779.98

Total ................................ $1,572,260.82

T H E S E C U R I T Y BANK A N D T R U S T C O M PAN Y, PARAG OULD

Greene County
Chartered February 5, 1931

Telephone Number 782

Officers

Transit Number 81-82
Directors

Jas. W. Alexander............
President Jas. W. Alexander
S. P. McHaney..............Vice-President E. R. Browning
E. R. Browning..........................Cashier W. E. Ellington
Emily Meiser.................... Asst. Cashier J. C. Honey
R. V. McCoy

Sam McHaney
L. G. Staub
Ike W illcockson
J. E. Winn

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 977,297.42
Overdrafts ......................
49.01
U. S. Gov’t obligations..
911,834.65
Other bonds and securities 282,678.08
Furniture and fixtures.....
7,420.86
Banking house....................
12,625.00
Other real estate...............
Cash and due from banks 1,153,332.03
Other resources..................

Capital stock...................... $ 50,000.00
Surplus fund........................
100 000.00
Undivided profits............... 119,755.83
Reserves ..............................
4,456.00
Demand deposits................ 1,934,936.67
Time deposits......................
689,867.84
U. S. Gov’t deposits...........
15,640.50
Public funds........................
430,165.33
Deposits of banks..............
Total dep........$3,070,610.34
Other liabilities..................

Total



$3,345,237.05

Total

414.88
$3,345,237.05

State o f Arkansas: Bank Department

82

BANK OF P A R K D A L E , P A R K D A L E

Ashley County
Chartered February 1, 1910

Telephone Number 16

Officers

Transit Number 81-416
Directors

J. A. Williams..........................President
J. H. Caldwell................. Vice-President
J. P, Caldwell............................. Cashier

J. H. Caldwell
J. P. Caldwell

J. A. Williams

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 215,885.91
Overdrafts ..........................
226.56
U. S. Gov’t obligations.....
139,293.38
Other bonds and securities
Furniture and fixtures.....
312.94
Banking house....................
Other real estate..............
Cash and due from banks 128,012.53
Other resources..................

Capital stock...................... $ 30,000.00
Surplus fund........................
20,000.00
Undivided profits...............
23,264.71
Reserves .................
1,500.00
Demand deposits................. 348,679.29
31,404.66
Time deposits......................
U. S. Gov’t deposits...........
2,938.35
25,944.31
Public funds........................
Deposits of banks...............
Total dep........$ 408,966.61
Other liabilities..................

Total ................................ $ 483,731.32

Total ................................ $ 483,731.32

F IR S T S T A T E BANK, P A R K IN

Cross County
Chartered June 5, 1925

Telephone Number 35

Transit Number 81-676

Officers

Directors

H. L. Coldren...........................President
F. E. Brenner.................Vice-President
Mrs. G. D. Carter.......................Cashier
S. N. Green...................... Asst. Cashier

F. E. Brenner
H. L. Coldren, Jr.
Mrs. G. D. Carter N. E. Thomas
H. L. Coldren

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 482,670.82
Overdrafts ..........................
8.96
U. S. Gov’t obligations.....
160,784.64
Other bonds and securities
7,681.38
Furniture and fixtures.....
4,107.83
Banking house....................
720.00
Other real estate..............
1.00
Cash and due from hanks 184,902.13
Other resources...................
55,986.64

Capital stock........................ $ 25,000.00
Surplus fund........................
50,000.00
37,190.48
Undivided profits...............
2,000.00
Reserves ..............................
Demand deposits................. 697,282.62
Time deposits......................
27,907.62
U. S. Gov’t deposits...........
5,373.83
Public funds........................
46,041.13
Deposits of banks...............
Total dep........$ 776,605.20
Other liabilities...................

Total ................................ $ 896,863.40




6,067.72

Total ................................ $ 896,863.40

Thirty-sixth Report

83

B A NK OF PEA RIDGE, PEA RIDGE

Benton County
Chartered May 6, 1911

Telephone Number 10

Officers

Transit Number 81-468
Directors

W. T. Patterson...................... President
Hugh H. W ebb..............Vice-President
W. W. Davidson........................ Cashier
Alvin Armstrong.............Asst. Cashier

W. W. Davidson
W. T. Patterson

Hugh H. Webb

STATEMENT OF JUNE 30, 1950
Resources
Liabilities
Loans and discounts........ $ 184,163.62
Capital stock...................... $ 25,000.00
12,000.00
Overdrafts ..........................
105.31
Surplus fund........................
6,614.37
Undivided profits..............
U. S. Gov’t obligations.....
Other bonds and securities
Reserves ..............................
Demand deposits................
207,527.55
Furniture and fixtures.....
1,700.00
Banking house....................
19,314.16
550.00 Time deposits......................
Other real estate...............
U. S. Gov’t deposits...........
Cash and due from hanks 101,759.18
Public funds........................
18,474.53
Other resources..................
652.50 Deposits of banks..............
Total dep........$ 245,316.24
Other liabilities..................
Total ................................$ 288,930.61

Total ................................| 288,930.61

T H E P E R R Y C O U N T Y BANK, P E R R Y V I L L E

Perry County
Chartered December 8, 1945

Telephone Number 24

Officers

Transit Number 81-752
Directors

D. O. Thomas.....................
President
B. J. Suffridge............... Vice-President
H. E. Van Dalsem......................Cashier
J. H. Moore...................... Asst. Cashier

J. D. Farish
B.
J.
Suffridge
S. C. Gutowski
D. O. Thomas
L. E. Jones
H.
E.
Van Dalsem
Jos. B. Lipsmeyer Paul Van Dalsem

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 153,620.38
Overdrafts ..........................
191,119.61
U. S. Gov’t obligations.....
Other bonds and securities
1,908.87
Furniture and fixtures.....
3,901.80
Banking house....................
12,613.61
Other real estate..............
Cash and due from banks 108,760.91
Other resources..................

Capital stock...................... $ 25,000.00
5,000.00
Surplus fund........................
16,189.74
Undivided profits..............
Reserves ............................
350,410.86
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
75,114.75
Deposits of banks..............
Total dep........$ 425,525.61
Other liabilities..................

Total



? 471,925.18

209.83

Total ............................. 471,925.18

State o f Arkansas: Bank Department

84

P IGG O TT S T A T E BANK, PIG G O TT

Clay County
Chartered March 10, 1930

Telephone Number 71

Officers

Transit Number 81-698
Directors

V. C. W right.......................... President
T. W. Leggett.—Exec. Vice-President
T. W. Leggett, Jr..................... Cashier
J. W. Harris.................... Asst. Cashier

J. W. Hamilton H. C. Robbins
T. W. Leggett
John Staples
T. W. Leggett, Jr. V. C. Wright
G. W ill Reves

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 439,393.05
Overdrafts ..........................
U. S. Gov’t obligations..... 1,065,100.00
Other bonds and securities 189,985.00
Furniture and fixtures.....
2,500.00
5,000.00
Banking house....................
Other real estate..............
Cash and due from banks 312,889.69
Other resources..................
.83

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
51,673.34
50,000.00
Reserves ..............................
Demand deposits................. 1,369,166.65
Time deposits......................
31,995.63
U. S. Gov’t deposits...........
3,837.00
Public funds........................
398,195.95
Deposits of banks...............
10,000.00
Total dep........$1,813,195.23
Other liabilities..................

Total ................................ $2,014,868.57

Total .................................$2,014,868.57

F IR S T S T A T E BANK, P L A I N V I E W

Yell County
Chartered January 12, 1934

Telephone Number 051

Officers

Transit Number 81-234
Directors

Donald Barger..........................President Bill Aikman
M. A. Vandover..............Vice-President Donald Barger
Winfred Hopper............................Cashier Walter Caviness
Flora Keener.................... Asst. Cashier

Willie Caviness
C. B. Law
M. A. Vandover

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........1 196,760.87
Overdrafts ..........................
U. S. Gov’t obligations.....
625,400.00
Other bonds and securities
46,855.62
Furniture and fixtures.....
1.00
Banking house....................
1.00
Other real estate..............
1.00
Cash and due from banks 224,511.44
Other resources..................

Capital stock...................... !
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks.............
Total dep........$ 956,522.68

40.000. 00
20. 000. 00
77,008.25
870,099.08
3,665.19
82,758.41

Other liabilities.
Total




$1,093,530,93

Total

$1,093,530.93

85

Thirty-sixth Report

BA NK OF PO CAHONTAS, P O CAH ON TA S

Randolph County
Chartered October 31, 1903

Telephone Number 36

Officers

Transit Number 81-297
Directors

Dr. J. W. Brown................. President
R. R. Hosey.........Exec. Vice-President
Harry A. Belford...................... Cashier
G. B. Johnson................Asst. Cashier
Joe T. Wilson..................Asst. Cashier

F. E. Belford
Harry A. Belford
Tom Bigger

Dr. J. W. Brown
R. R. Hosey

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 813 ,359.84
32.69
Overdrafts ......................—.
U. S. Gov’t obligations..... 1,386 ,600.00
Other bonds and securities
68 ,900.00
3 ,500.00
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks 510, 504.48
9, 388.59
Other resources..................

Capital stock...................... $ 75,000.00
75,000.00
Surplus fund........................
Undivided profits..............
47,853.92
Reserves ..............................
57.50
Demand deposits................. 2,057,956.15
Time deposits......................
285,140.16
U. S. Gov’t deposits.............
11,786.71
Public funds...................
237,846.32
Deposits of banks..............
1,644.84
Total dep........$2,594,374.18
Other liabilities.

Total ................................$2,792,285.60

Total ................................ $2,792,285.60

T H E PEO PLES BANK, P O R T L A N D

Ashley County
Chartered January 22, 1908

Telephone Number 2961

Officers

Transit Number 81-248
Directors

J. A. Sherrill.......................... President
O’Dell A. Sanders.—Vice-Pres. & Cash.
Leroy Naff........................Asst. Cashier
Mrs. M. D. Pugh..............Asst. Cashier

Geo. M. Brown
Leroy Naff
Mrs. M. D. Pugh J. A. Sherrill

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 199,858.51
347.04
Overdrafts ......................
159,400.00
U. S. Gov’t obligations..
Other bonds and securities
2,500.00
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
81,438.27
Other resources..................

Capital stock...................... $ ' 25,000.00
Surplus fund........................
40,000.00
Undivided profits...............
15,212.59
Reserves ............................
100.00
Demand deposits................
280,476.31
Time deposits......................
22,039.99
U. S. Gov’t deposits...........
Public funds........................
60,714.93
Deposits of banks..............
Total dep........$ 363,231.23
Other liabilities.

Total




$ 443,543.82

Total

.$ 443,543.82

State o f Arkansas: Bank Department

86

P O R T L A N D BANK, P O R T L A N D

Ashley County
Chartered April 23, 19C0

Telephone Number 2361

Officers

Transit Number 81-247
Directors

Felix Pugh................................ President
R. B. Newcome, Jr........Vice-President
C. E. Larrison...........................Cashier
K. Thornton.................... Asst. Cashier

H. E. Cockerham
Felix Pugh
R. B. Newcombe, Jr. Gus Pugh

STATEMENT OF JUNE 30, 1950
Resources
Liabilities
Loans and discounts.........$ 229,768.53
Capital stock...................... .$ 20,000.00
Surplus fund........................
Overdrafts ..........................
80,000.00
602,530.44 Undivided profits..............
U. S. Gov’t obligations.....
66,395.01
Other bonds and securities
21,249.71 Reserves ..............................
3,433.05 Demand deposits...............
Furniture and fixtures.....
852,121.46
Banking house....................
4,461.88 Time deposits......................
74,545.43
1.00 U. S. Gov’t deposits.........
Other real estate..............
Cash and due from banks 247,571.56 Public funds........................
15,955.27
Other resources..................
1.00 Deposits of banks...............
Total dep........$ 942,622.16
Other liabilities..................
Total ................................ $1,109,017.17

Total ................................ $1,109,017.17

C IT IZ E N S BANK, P O T T S V I L L E

Pope County
Chartered August 13, 1913

Telephone Number 2431

Officers

Transit Number 81-551
Directors

Morton Rankin........................ President
Kenneth E. Owens........Vice-President
G, C. Owens...............................Cashier

G. C. Owens
Morton Rankin
Kenneth E. Owens

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

Liabilities

84,682.30
128.35
91,500.00
1.00
1.00
1.00
32,937.72
150.00

Capital stock...................... $ 20,000.00
Surplus fund........................
2,500.00
Undivided profits...............
2,804.49
Reserves ..............................
400.00
Demand deposits................. 164,465.46
Time deposits......................
U. S. Gov’t deposits.......
4,134.86
Public funds........................
15,096.56
Deposits of banks.............
Total dep........$ 183,696.88
Other liabilities...................

Total ................................ $ 209,401.37




Total ................................ $ 209,401.37

Thirty-sixth Report

87

T H E F A R M E R S A N D M E R C H A N T S BANK, P R A IR IE GROVE

Washington County
Chartered August 29, 1904

Telephone Number 95

Transit Number 81-256

Officers

Directors

R. D. Bogart............................President
W. E. N. Phillips........Vice-President
D. E. R ieff........ Vice-Pres. & Cashier
Lorene Jones................... Asst. Cashier
W. H. Thompson............Asst. Cashier

W. H. Bartholomew J. C. Parks
R. D. Bogart
W. E. N. Phillips
Dr. W. H. Mock
D. E. Rieff

STATEMENT CF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources................ ~

482,048.87
368.30
299,005.00
146,750.00
1.00
1,000.00
293,114.05

Capital stock...................... $ 30,000.00
Surplus fund........................
30,000.00
Undivided profits...............
75,493.36
Reserves ..............................
Demand deposits................
848,092.76
Time deposits...............
183,083.96
U. S. Gov't deposits...........
6,006.86
Public funds........................
49,610.28
Deposits of banks..............
Total dep........$1,086,793.86
Other liabilities..................

Total ................................ $1,222,287.22

Total ................................$1,222,287.22

BANK OF PRESCOTT. P RESC OTT

Nevada County
Chartered August 10, 1904

Telephone Number 206

Officers

Transit Number 81-140
Directors

Thos. C. McRae, Jr..................President
Thos. M. Bemis.............Vice-President
Wren Scott...................... Vice-President
W. R. Hambright.................
Cashier
O. J. Stephenson............Asst. Cashier
J. A. Yancey................... Asst. Cashier

D. K. Bemis
Thomas M. Bemis
W. R. Hambright
D. L. McRae, Jr.
Thos. C. McRae, Jr.

John T. McRae
C. D. McSwain
Wren Scott
Chas. H. Tompkins
W. V. Tompkins

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.......$ 431,631.93
Overdrafts ..........................
U. S. Gov’t obligations..... 1,750,000.00
Other bonds and securities 199,555.81
Furniture and fixtures.....
4,081.26
Banking house....................
8,100.00
Other real estate..............
Cash and due from banks 812,441.91
Other resources..................
20,524.66

Capital stock...................... $ 75,000.00
Surplus fund........................
75,000.00
Undivided profits..............
37,032.49
Reserves ..............................
894.66'
Demand deposits................ 2,619,543.08
Time deposits......................
120,747.72
U. S. Gov’t deposits...........
2,043.56
Public funds........................
296,074.06
Deposits of banks..............
Total dep........$3,038,408.42
Other liabilities..................

Total




$3,226,335.57

Total

$3,226,335.57

State o f Arkansas: Bank Department

88

BANK OF Q U IT M A N , Q U I T M A N

Cleburne County
Chartered August 15, 1903

Telephone Number 2401

Officers

Transit Number 81-424
Directors

Ben F. Clark............................President J. A. Bailey
W. H. McNair................ ..Vice-President Ben F. Clark
N. H. Tarver.............................. Cashier Edith Ellis
Edith Ellis........................ Asst. Cashier

W.
H.McNair
N. H. Tarver

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 177,486.35
118.08
Overdrafts ..........................
U. S. Gov’t obligations..... 325,000.00
21,596.39
Other bonds and securities
1,600.00
Furniture and fixtures
Banking house....................
1.00
Other real estate..............
Cash and due from banks 169,884.79
Other resources..................
-----------------,$ 695,686.61

Total

Capital stock...................... :
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 616,556.11
Other liabilities.
Total .............

25.000. 00
25.000.00
29,130.50
562,734.54
24,155.13
29,666.44

695,686.61

T H E BANK OF RECTOR, REC TO R

Clay County
Chartered November 15, 1930

Telephone Number 149

Officers

J. C. Hardin............................ President
J. A. Marlar.........Exec. Vice-President
O. A. Harper.............................Cashier
Claudia Justus.................Asst. Cashier

Transit Number 81-173
Directors

J. C. Hardin
T. C. Justus

J. A. Marlar
E. M. Purcell

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........$ 791,594.34
299.22
Overdrafts ..........................
U. S. Gov’t obligations..... 302,000.00
57,182.97
Other bonds and securities
8,374.10
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks 279,719.20
1 , 000.00
Other resources..................

Liabilities

Capital stock...................... !
50.000. 00
Surplus fund........................
50.000.00
Undivided profits...............
20,406.79
Reserves ..............................
22,500.00
Demand deposits................. 1,198,124.27
Time deposits......................
U. S. Gov’t deposits.........
15,911.33
Public funds........................
83,227.44
Deposits of banks...............
Total dep........$1,297,263.04
Other liabilities.

T otal .................................. $1,440,169.83




Total

$1,440,169.83

89

Thirty-sixth Report

F A R M E R S A N D M E R C H A N T S BA NK, REYNO

Randolph County
Chartered December 8, 1911

Transit Number 81-427

Officers

Directors

P. E. Belford...........................President P. E. Belford
Glenn Brown................... Vice-President Freda M. Brown
Freda M. Brown........................Cashier
Otistean McGuire........... Asst. Cashier
Muriel Butler..................Asst. Cashier

Glenn Brown

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 184,680.42
1,096.21
Overdrafts ......................
U. S. Gov’t obligations..
198,000.00
Other bonds and securities
2,800.00
Furniture and fixtures.....
Banking house....................
2,400.00
Other real estate..............
Cash and due from banks
99,893.18
Other resources..................
113.48

Capital stock........................ $ 25,000.00
Surplus fund........................
5,000.00
Undivided profits..............
5,392.52
Reserves ..............................
10,000.00
345,419.65
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
2,660.78
95,510.34
Public funds........................
Deposits of banks...............
Total dep........$ 443,590.77
Other liabilities..................

Total ................................$ 488,983.29

Total ................................ $ 488,983.29

T H E B A NK OF RISON, RiSON

Cleveland County
Telephone Number 48

Chartered March 7, 1932
Officers

Transit Number 81-428
Directors

J. L. Moore...............................President
J. L. Sadler..................... Vice-President
J. E. McCoy.....................Vice-President
Herman Davidson........................Cashier
Hazel Smith...................... Asst. Cashier

Herman Davidson
J. E. Goggans
J. E. McCoy
J. L. Moore

Jo Nichol
J. L. Sadler
Max M. Smith
B. W. Thomasson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........!
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

184,357.11
750,381.08
31,240.25
1.575.00
1.350.00
509.00
234,159.32
1,618.84

Capital stock........................ !
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$1,081,942.87

25.000. 00
25.000. 00
56,358.07
16,889.66
668,294.23
143,458.79
270,189.85 .

Other liabilities.
Total



$1,205,190.60

Total

$1,205,190.60

State o f Arkansas: Bank Department

90

T H E BA NK OF R U S S E L L V IL L E , R U S S E L L V I L L E

Pope County
Chartered December 23, 1897

Telephone Number 16

Officers

Transit Number 81-119
Directors

Geo. S. Neal............................. President
R. L. Jenkins.................. Vice President
M. J. Hickey................................Cashier
Robert H. Parker............Asst. Cashier
Geo. H. Neal.....................Asst. Cashier

E. C. Bradley
M. J. Hickey
R. L. Jenkins

A. J. Mathews
Geo. S. Neal
C. M. Richmond

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and Discounts.........$1,206,975.08
Overdrafts ..........................
U. S. Gov’t obligations..... 1,536,683.45
Other bonds and securities 264,929.39
Furniture and fixtures.......
12,000.00
15,000.00
Banking house....................
Other real estate.............
8.00
Cash and due from banks 736,233.77
Other resources...................
629.00

Capital Stock...................... $ 100,000.00
20,000.00
Surplus fund........................
Undivided p ro fits............... 295,069.08
Reserves ..............................
Demand deposits................. 2,256,876.34
Time deposits......................
863,365.61
U- S. Gov’t deposits...........
29,710.35
Public funds.................
203,932.81
Deposits of banks...............
3,504.50
Total dep........$3,357,389.61
Other liabilities

Total ....................................$3,772,458.69

Total .................................... $3,772,458.69

PEO PLES E X C H A N G E BANK, R U S S E L L V I L L E

Pope County
Chartered March 24, 1890

Telephone Number 26

Officers

Transit Number 81-118
Directors

Donald Barger...........................President
C. E. Lemley.................. Vice President
John T. Little.............................. Cashier
Hazel G. Little................ Asst. Cashier

Donald Barger
Lee Cheek
G. M. Cook
Chas. M. Howell

I. A. Laws
A. B. Priddy
J. Madison White

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,114,830.03
Overdrafts ..........................
U. S. Gov’t obligations..... 1,451,218.75
Other bonds and securities 288,126.61
Furniture and fixtures.......
5,160.00
Banking house....................
15,000.00
Other real estate.................
LOO
Cash and due from banks 1,150,362.84
Other resources..................

Capital Stock...................... $ 100,000.00
Surplus fund........................
20,000.00
Undivided profits............... 187,152.56
Reserves ..............................
Demand deposits................ 2,773,581.61
Time deposits....................... 636,635.66
U. S. Gov’t deposits...........
36,216.82
Public funds........................
207,933.57
Deposits of banks...............
63,179.01
Total dep........$3,717,546.67
Other liabilities..................

Total




$4,024,699.23

Total

$4,024,699.23

91

Thirty-sixth Report

BANK OF SA L E M , SALEM

Fulton County
Chartered December 9, 1908

Telephone Number 8

Officers

Transit Number 81-430
Directors

Fex Castleberry....................... President
Fay Castleberry.... Act. Vice-President
Jim Humphries............................ Cashier
Corwin Mosey..-...............Asst. Cashier
Wm. Rex Castleberry..... Asst. Cashier

Fay
Castleberry
Rex Castleberry

JimHumphries

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 410,824.16
816.56
Overdrafts ......................
313,500.00
U. S. Gov’t obligations..
8,644.35
Other bonds and securities
1,680.00
Furniture and fixtures.......
Banking house....................
Other real estate................
Cash and due from banks 521,177.70
Other resources..................

Capital stock........................ $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
7,645.22
Reserves ..............................
Demand deposits................. 955,725.28
Time deposits......................
75,018.52
U. S. Gov’t deposits...........
2,343.75
115,910.00
Public funds........................
Deposits of banks..............
Total dep........$1,148,997.55
Other liabilities..................

Total ................................ $1,256,642.77

Total ................................ $1,256,642.77

LOGAN C O U N T Y BANK, SCRANTO N

Chartered April 7, 1926

Logan County
Telephone Number 14

Officers

Transit Number 81-686
Directors

Frank Ahne..............................President
Afton Mitchell................ Vice-President
Joe Fritsche................................Cashier

Frank Ahne
Frank Drum
J. B. Layes, Jr.

Ross Martin
Afton Mitchell

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 205,897.43
Overdrafts ..........................
561.92
U. S. Gov’t obligations.....
148,000.00
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
100.00
Other real estate...............
Cash and due from banks 281,350.84
Other resources..................

Capital stock........................ $ 25,000.00
Surplus fund........................
15,000.00
Undivided profits..............
34,466.92
Reserves ..............................
Demand deposits................
508,695.10
Time deposits......................
32,040.22
U. S. Gov’t deposits...........
5,039.31
Public funds........................
15,669.64
Deposits of banks...............
Total dep........$ 561,444.27
Other liabilities.

Total




$ 635,911.19

Total

.$ 635,911.19

92

State o f Arkansas: Bank Department

T H E SEAR CY BA NK, S EAR CY

.

White County
Chartered May 1, 1943

Telephone Number 780

Officers

Transit Number 81-154
Directors

Thos. A. Watkins..... Chairman Board
E. P. Pyeatt............................ President
Frank S. Leavitt.........................Cashier
Wayne Pyeatt....................Asst. Cashier
Marian Schwarz................Asst. Cashier
L. W. Sutherlin................ Asst. Cashier

Cal Aclin
Frank S. Leavitt
E. P. Pyeatt

Hubert Smith
Thos. A. Watkins

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$1,431,945.65
Overdrafts ..........................
29.41
U. S. Gov’t obligations..... 1,034,790.62
Other bonds and securities 523,624.93
Furniture and fixtures.....
5,572.25
Banking house....................
Other real estate..............
Cash and due from banks 940,318.06
Other resources..................
614.08

Capital stock........................ $ 100,000.00
Surplus fund........................
75,000.00
Undivided profits............... 127,175.40
Reserves ..............................
24,090.64
Demand deposits................. 3,194,622.11
Time deposits......................
U. S. Gov’t deposits...........
29,296.70
371,300.99
Public funds........................
Deposits of banks...............
15,409.16
Total dep........$3,610,628.96
Other liabilities..................

Total ................................ $3,936,895.00

Total ................................ $3,936,895.00

T H E S E C U R I T Y BANK, SEA R C Y

White County
Chartered February 6, 1932

Telephone Number 224

Officers

Transit Number 81-153
Directors

A. J. Stephens.........................President
E. O. Yancey.......Exec. Vice-President
E. M. Twyford.............................Cashier
C. I. Stevens......................Asst. Cashier
Wilbur Dobbins................ Asst. Cashier
Lucille Watson..................Asst. Cashier

B.
K.
J.
A.

C.
B.
W.
J.

Huddleston H. M. Thompson
Rand
E. O. Yancey
Sanford
Ray A. Yarnell
Stephens

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from hanks
Other resources...................

975,514.88
736,365.41
454,911.25
10,203.36
1.00
829,535.66
792.00

Capital stock........................ $ 100,000.00
Surplus fund........................
100,000.00
Undivided profits............... 100,341.82
Reserves ............................
11,111.95
Demand deposits................. 1,995,922.97
Time deposits......................
U. S. Gov’t deposits...........
18,237.82
Public funds......................... 449,178.69
Deposits of banks............... 232,530.31
Total dep........$2,695,869.79
Other liabilities.

T otal




$3,007,323.56

T otal

.$3,007,323.56

Thirty-sixth Report

93

G R A N T C O U N T Y BANK, S H E R ID A N

Grant County
Chartered July 29, 1903

Telephone Number 84

Officers

J. A.
A. L.
Coats
Jessie

Transit Number 81-432
Directors

McCoy............
Blakely...........
A. Mitchell—
Lee Mitchell

.........President
.Vice-President
............ Cashier
..Asst. Cashier

A. L. Blakely
Otto P. Cearley
0. R. Kelly
C. A. McCoy

D. B. McCoy
J. A. McCoy
Coats A. Mitchell

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........I
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

356,623.46
531,525.00
19,205.00
12,872.88
31,038.40
233,331.86

Capital stock........................ :
Surplus fund........................
Undivided profits..............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$1,017,901.92

50.000. 00
50.000. 00
57,023.59
9,671.09
894,420.65
13,241.27
16,576.21
88,298.02
5,365.77

Other liabilities.
Total

$1,184,596.60

Total

$1,184,596.60

BA NK OF S H E R R IL L , S H E R R I L L

Chartered August 13, 1913

Jefferson County
Telephone Number 97J3

Officers

Transit Number 81-556
Directors

A. R. Merritt........................... President
R. P. Cratin................... Vice-President
Mrs. A. R. Merritt..................... Cashier
E. H. Guyer.................... Asst. Cashier

John M. Barrett
E. L. Burgess
R. P. Cratin

A. R. Merritt
Ben L. Rogers

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........:
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Gash and due from banks
Other resources..................

216,605.35
153.80
180,730.50
57,714.46
2.400.00
2.500.00
173,409.58

Capital stock...................... !
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks..............
Total dep........$ 572,847.30

25.000. 00
25.000. 00
10,666.39
383,270.09
78,514.15
111,063.06

Other liabilities.

Total



.$ 633,513.69

Total

.$ 633,513.69

State o f Arkansas: Bank Department

94

BA NK OF S ID N E Y , S ID N E Y

Sharp County
Chartered September 23, 1912

Transit Number 81-522

Officers

Directors

O. S. Westmoreland.............. President
Thomas A. Bone.......... Vice-President
R. C. Pounders.......................... Cashier
Atalee Pounders.............. Asst. Cashier

Thomas A. Bone
R. C. Pounders

O. S. Westmoreland

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 11,106.55
Overdrafts ..........................
.27
U. S. Gov’t obligations..... 261,000.00
Other bonds and securities
Furniture and fixtures.....
1.00
Banking house....................
1.00
Other real estate...............
Cash and due from banks
69,127.40
Other resources..................

Capital stock........................ !
Surplus fund........................
Undivided profits...............
Reserves ..............................
Demand deposits.................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
Deposits of banks...............
Total dep........$ 327,543.54

5.000.

00

6.000.

00

2,692.68
326,867.98
675.56

Other liabilities.
Total

$ 341,236.22

BR A T T-W A SSO N

341,236.22

Total

BA NK, SILO AM

SPRINGS

Benton County
Chartered April 8, 1932

Telephone Number 33

Officers

Transit Number 81-706
Directors

Marion Wasson........................ President Sadie Monroe
Sadie Monroe.................... Vice-President Elsie Sumner
Vol Wasson...................... Vice-President Marion Wasson
Tom Whiteside.............................Cashier
Elsie Sumner....................Asst. Cashier
Max Sample......................Asst. Cashier

Vol Wasson
Tom Whiteside

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 549,853.58
Overdrafts ..........................
638.20
U. S. Gov’t obligations..... 2,109,987.00
Other bonds and securities 170,156.58
Furniture and fixtures.....
17,418.19
Banking house.....................
2,400.00
Other real estate...............
Cash and due from banks 835,150.19
Other resources...................
15,447.85

Capital stock........................ $ 75,000.00
Surplus fund........................
25,000.00
Undivided profits...............
15,695.74
Reserves ..............................
60,000.00
Demand deposits................. 2,972,339.98
Time deposits....................... 378,665.49
U. S. Gov’t deposits...........
49,497.84
Public funds........................
124,852.54
Deposits of banks...............
Total dep........$3,525,355.85

Total



Other liabilities...................
$3,701,051,59

Total

$3,701,051,59

95

Thirty-sixth Report

S M A C K O V E R S T A T E BANK, SM A C K O V E R

Union County
Chartered April 18, 1928

Telephone Number 411

Officers

Transit Number 81-654
Directors

J. E. Berry..............................President J. E. Berry
Homer T. Rogers
Max A. Mitcham.................... .Cashier R. N. Manley
L. E. Tennyson, Jr.
R. N. Manley.................... Asst. Cashier
Max A. Mitcham
STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $
Overdrafts ......................
U. S. Gov’t obligations..
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

470,912.21
446,257.78
287,462.77
11,738.48
19,500.00
884,306.55
6,279.27

Capital stock........................ $ 50,000.00
Surplus fund........................
25,000.00
Undivided profits...............
35,508.86
Reserves ..............................
30,000.00
Demand deposits................ 1,203,216.09
Time deposits......................
167,135.58
U. S. Gov’t deposits...........
30,640.65
Public funds........................
84,823.36
Deposits of banks..............
Total dep........$1,485,815.68
Other liabilities..................

Total

$1,626,457.06

132.52
$1,626,457.06

Total

C IT IZ E N S BANK, S M I T H V I L L E

Lawrence County
Chartered March 23, 1901

Transit Number 81-434
Directors

Officers

R. S. Rainwater...................... President
A. M. Starr...................Vice-President
Luke Johnston............................ Cashier
Flynn Justus.................... Asst. Cashier

R. S. Rainwater
A. M. Starr
Sloan Rainwater, Jr. Webster Perkins
Virginia Rainwater
William I. Rainwater

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 196,400.09
416.85
Overdrafts ..........................
U. S. Gov’t obligations.....
324,333.75
Other bonds and securities
75,756.81
Furniture and fixtures.....
1,201.00
Banking house....................
1.00
Other real estate..............
Cash and due from banks 103,291.94
Other resources..................
335.82

Capital stock...................... $ 10,000.00
Surplus fund.........................
15,000.00
Undivided profits...............
42,908.16
Reserves ...............................
7,000.00
Demand deposits................
586,028.35
Time deposits.......................
U. S. Gov’t deposits...........
Public funds................
40,800.75
Deposits of banks................
Total dep........$ 626,829.10
Other liabilities

Total




$ 701,737.26

Total

.$ 701,737.26

State o f Arkansas: Bank Department

96

M E R C H A N T S A N D P L A N T E R S BANK, S P A R K M A N

Dallas County
Chartered September 9, 1916

Telephone Number 15

Officers

Transit Number 81-581
Directors

C.
F. Sturgis...........................President Garland Gaston
S.B. Horne.........................Vice-President C. E. Hays
C.
E. Hays.................................. Cashier S. B. Horne

C. F. Sturgis
W. P. Sturgis
P. H. Taylor

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 278,021.98
Overdrafts .i........................
U. S. Gov’t obligations..... 477,000.00
Other bonds and securities
7,921.00
Furniture and fixtures.....
300.00
Banking house....................
1 , 000.00
Other real estate................
1.00
Cash and due from banks 374,021.37
Other resources..................

Capital stock...................... $ 20,000.00
Surplus fund........................
20,000.00
Undivided profits...............
9,627.46
Reserves ..............................
Demand deposits................. 1,019,448.65
Time deposits......................
16,379.58
U. S. Gov’t deposits.........
Public funds........................
52,809.66
Deposits of banks...............
Total dep........$1,088,637.89
Other liabilities

Total

$1,138,265.35

.$1,138,266 35

Total

F IR S T S T A T E BANK, S P R IN G D A L E

Washington County
Chartered February 12, 1923

Telephone Number 681

Officers

Transit Number 81-856
Directors

Shelby Ford............................... President
Mace D. Howell..............Vice-President
J. T. Bain....Exec. Vice-Pres. & Cash.
R. E. Buck........................Asst. Cashier

Shelby Ford
C. L. George
Tom Hargis
Elmer Johnson
L. E. Johnson

J. R. Joyce
Dr. Friedman Sisco
Joe M. Steele
J. S. Watts
A. P. W ilson

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $1,088,793.74
Overdrafts ..........................
U. S. Gov’t obligations..... 1,502,456.65
Other bonds and securities 320,819.16
Furniture and fixtures.....
12,590.57
Banking house....................
16,345.26
Other real estate...............
Cash and due from banks 682,406.85
Other resources..................

Capital stock...................... $ 40,000.00
Surplus fund........................
40,000.00
Undivided profits...............
21,927.27
Reserves ..............................
80,000.00
Demand deposits................. 2,526,049.94
Time deposits....................... 710,276.04
U. S. Gov’t deposits...........
31,141.64
Public funds........................
174,017.34
Deposits of banks...............
Total dep........$3,441,484.96
Other liabilities.

Total




$3,623,412.23

Total

$3,623,412,23

97

Thirty-sixth Report

BODCAW BANK, ST A M PS

Lafayette County
Chartered December 8, 1902

Telephone Number 91

Officers

Transit Number 81-436
Directors

C. L. Cabe................................ President
A. P. Beasley................. Vice-President
C. C. Russell................................Cashier

C. L. Cabe
J. C. Cabe
A. P. Beasley

W. R. Boney
R. T. Boulware
C. C. Russell

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

477,758.13
596,400.00
155,602.59
10,850.00
19,050.00
14.00
408,444.01
381.00

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits............... 139,241.40
Reserves ..............................
9,555.92
Demand deposits................ 1,152,006.95
Time deposits......................
162,466.15
11,118.92
U. S. Gov’t deposits...........
Public funds.....................
94,110.39
Deposits of banks..............
Total dep........$1,419,702.41
Other liabilities..................

Total ................................$1,668,499.73

Total ................................ $1,668,499.73

BANK OF STAR C IT Y , STAR C IT Y

Lincoln County
Chartered April 7, 1925

Telephone Number 57

Officers

W. R.
G. D.
Clyde
I. A.

Transit Number 81-437
Directors

Alsobrook......................President
Smith.................... Vice-President
E. Fish................ Vice-President
Chambers.........................Cashier

Dr. H. B. Alsobrook Clyde E. Fish
W. R. Alsobrook
G. D.Smith
I. A. Chambers

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

247,797.30
406,500.00
130,190.99
3,150.00
5,000.00
1.00
183,630.26

Capital stock..................... r
Surplus fund........................
Undivided profits..............
Reserves .................... .........
Demand deposits................
Time deposits......................
U. S. Gov’t deposits..........
Public funds........................
Deposits of banks..............
Total dep........$ 851,308.10

25.000. 00
25.000. 00
66,372.65
8,588.80
521,585.20
92,391.19
237,331.71

Other liabilities
Total




$ 976,269.55

Total

.,...$

976,269,55

State of Arkansas: Bank Department

98

T H E S T E P H E N S S E C U R IT Y BANK, S T E P H E N S

Ouachita County
Chartered February 8, 1946

Telephone Number 3761

Officers

Transit Number 81-755
Directors

Chas. T. Reveley................President Floyd Bryan
James Smith
James Smith................ Vice-President G. W. Halton
A. B. Turner
Floyd Bryan..............................Cashier Henry G. Hearnsberger N. S. Yarbrough
J. R. Smith............. ...Asst. Cashier
Chas. T. Reveley
STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

234,334.30
353,172.66
123,395.11
6,860.83
6,040.41
196,953.50
692.79

Capital stock...................... $ 25,000.00
Surplus fund........................
25,000.00
Undivided profits...............
7,649.68
Reserves ..............................
2,000.00
Demand deposits................. 736,172.65
Time deposits......................
U. S. Gov’t deposits...........
24,128.39
Public funds........................
101,498.88
Deposits of banks...............
Total dep........$ 861,799.92
Other liabilities.

Total ................................ $ 921,449.60

Total ............................... -$ 921,449.60

C I T IZ E N S BANK, ST RONG

Union County
Chartered January 19, 1931

Telephone Number 20

Transit Number 81-441
Directors

Officers

O. B. Clark............................... President
C. B. Bird......................... Vice-President
B. Finney..................................... Cashier
Mrs. L. K. Robertson.....Asst. Cashier

C. B. Bird
C. H. Bird
O. B. Clark

J. E. Cooper
E. W. Smith

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 216,829.58
Overdrafts ..........................
1.65
319,700.00
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
2,174.00
Banking house....................
100.00
Other real estate...............
1.00
Cash and due from banks 297,338.25
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund........................
25,000.00
Undivided profits...............
47,588.52
Reserves ..............................
5,366.29
Demand deposits................. 645,982.68
Time deposits......................
29,517.64
U. S. Gov’t deposits...........
4,285.14
Public funds........................
53,404.21
Deposits of banks...............
Total dep........$ 733,189.67
Other liabilities...................

Total




.$ 836,144,48

Total

$ 836,144.48

Thirty-sixth Report

99

T H E F A R M E R S A N D M E R C H A N T S BANK, S T U T T G A R T

Arkansas County
Chartered December 29, 1944

Telephone Number 750

Officers

Transit Number 81-747
Directors

G. H. Franzen............................President
G. B. Shafer......Exec.
Vice-President
J. C. Barnett..................................Cashier
Lela M. Curtis.................Asst. Cashier

R. B. Curtis
D. C. McDonald
G. H. Franzen
G. B. Shafer
R. F. Howe
Ralph Wilson
Russell McCollum

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 785,414.57
Overdrafts ..........................
313.79
U. S. Gov’t obligations..... 1,099,524.01
Other bonds and securities 278,402.16
Furniture and fixtures.....
10,805.16
Banking house....................
18,000.00
Other real estate..............
Cash and due from banks 569,296.26
Other resources..................
1,057.75

Capital stock........................$ 75,000.00
Surplus fund........................
85,000.00
Undivided profits............
24,857.51
Reserves ..............................
11,344.57
Demand deposits................ 2,015,344.96
Time deposits......................
345,588.49
U. S. Gov’t deposits...........
39,534.58
Public funds........................
166,011.84
Deposits of banks...............
131.75
Total dep........$2,566,611.62
Other liabilities..................

Total ................................$2,762,813.70

Total ................................ $2,762,813.70

C I T IE N S BA NK, T I L L A R

Drew County
Chartered July 28, 1913

Telephone Number 5

Officers

V.
C. Harrell...........................President
C.
H. Kimbro..................Vice-President
J.
H. Kimbro...............................Cashier
Winston R. Kimbro.........Asst. Cashier

Transit Number 81-446
Directors

V. C. Harrell
C. H. Kimbro
J. H. Kimbro

B. C. Prewitt
W. S. Wood

STATEMENT OF JUNE 30, 1950
Resources
Liabilities
Loans and discounts.........$ 46,700.52 Capital stock...................... $ 25,000.00
Overdrafts ..........................
25,000.00
659.33
Surplus fund........................
27,734.24
U. S. Gov’t obligations..... 225,900.00
Undivided profits..............
Other bonds and securities
97,347.00 Reserves ..............................
275,617.81
Furniture and fixtures.....
.50 Demand deposits................
Banking house....................
15,454.00
.50 Time deposits......................
14,552.58
Other real estate................
U. S. Gov’t deposits...........
74,336.08
Cash and due from banks
84,723.81 Public funds........................
Other resources..................
2,363.05
Deposits of banks..............
Total dep........$ 379,960.47
Other liabilities..................
Total ................................ $ 457,694.71




Total ..................... .......... $ 457,694.71

100

State o f Arkansas: Bank Department

BANK OF T R U M A N N , T R U M A N N

Poinsett County
Chartered October 26, 1911

Telephone Number 7

Officers

Transit Number 81-488
Directors

Geo. O. Campbell......................President
Geo. B. Cash................... Vice-President
M. T. Byrn..................... Vice-President
Earl Yarbrough...........................Cashier
Clyde Robertson, Jr........Asst. Cashier

M. T. Byrn
J. P.Lady
Geo. O. Campbell Norris C. Taylor
Geo. B. Cash

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 681,456.97
Overdrafts ..........................
U. S. Gov’t obligations..... 1,201,224.00
Other bonds and securities
29,000.00
Furniture and fixtures.....
5,800.00
Banking house....................
15,200.00
Other real estate................
Cash and due from banks 652,116.71
Other resources..................

Capital stock........................ $ 100,000.00
Surplus fund........................
80,000.00
Undivided profits...............
31,829.59
Reserves ..............................
18,495.42
Demand deposits................. 2,138,177.46
3,300.00
Time deposits......................
U. S. Gov’t deposits................................. 1,668.75
Public funds........................
211,326.46
Deposits of banks..............
Total dep....... $2,354,472.67
Other liabilities..................

Total ................................ $2,584,797.68

Total .................................$2,584,797.68

BANK OF T U C K E R M A N , T U C K E R M A N

Jackson County
Chartered November 8, 1902

Telephone Number 1

Officers

F. L. Penix.............................President
O. B. Armstrong.........Exec. Vice-Pres.
R. O. Norris................. Vice-President
Chas. Shaver................................ Cashier
Van Smith........................ Asst. Cashier
Walter McDaniel............Asst. Cashier

Transit Number 81-448
Directors

O. B. Armstrong
D. C. Dowell
R. O. Norris

F. L. Penix
A. S. Riegler

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $ 269,072.17
Overdrafts .......................
U. S. Gov’t obligations.....
521,478.20
Other bonds and securities
Furniture and fixtures.....
500.00
Banking house..............
3,500.00
Other real estate...............
Cash and due from banks 435,898.69
Other resources..................
37.50

Capital stock...................... $ 25,000.00
Surplus fund........................
25,000.00
Undivided profits...............
33,683.73
Reserves ..............................
Demand deposits................
884,128.22
Time deposits......................
55,662.19
U. S. Gov’t deposits...........
Public funds........................
191,870.09
Deposits of banks...............
15,142.33
Total dep........$1,146,802.83

Total ................................ $1,230,486.56



Other liabilities..................
Total ................................ $1,230,486.56

Thirty-sixth Report

101

C IT IZ E N S BANK A N D T R U S T C O M PAN Y, VAN BUREN

Crawford CountyChartered December 20, 1910

Telephone Number 5

Officers

Transit Number 81-101
Directors

David T. Bryan........................ President David T. Bryan
Robert W. Geliy
Robert W. Geliy.............. Vice-President Harry W. Bryan
Joe C. McKinney
Frank D. Pape..............................Cashier John V. Burrough Frank D. Pape
John V. Burrough...........Asst. Cashier
STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 154,004.74
Overdrafts ......................
1,457,600.00
U. S. Gov’t obligations..
Other bonds and securities 337,873.59
7,500.00
Furniture and fixtures.....
1.00
Banking house....................
Other real estate................
Cash and due from banks 399,888.69
Other resources..................

Capital stock........................ $ 50,000.00
Surplus fund.....................
50,000.00
Undivided profits...............
70,074.06
65,884.46
Reserves ..............................
Demand deposits................ 1,545,398.53
Time deposits......................
326,594.31
U. S. Gov’t deposits...........
444.50
243,926.27
Public funds........................
Deposits of banks...............
Total dep........$2,116,363.61
Other liabilities..................

$2,356,868.02

Total

Total

4,545.89
$2,356,868.02

PEO P LE S BANK AND T R U S T C O M PAN Y, V A N BUREN

Crawford County
Chartered August 12, 1933

Telephone Number 208

Officers

Transit Number 81-100
Directors

J. J. Izard................................. President Hal Brown
C. *E. Izard........................Vice-President J. J. Izard
Dell Miller..................................... Cashier C. E. Izard
Stewart Condren.............Asst. Cashier A. W. Meier

Dell Miller
R. Cabol Rhodes
Wylie B. Smith

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 173,063.55
Overdrafts ..........................
136.68
LT. S. Gov’t obligations..... 1,449,544.00
Other bonds and securities 145,686.25
Furniture and fixtures.....
5,000.00
Banking house....................
7,000.00
Other real estate...............
1.00
Cash and due from banks 543,134.62
Other resources..................

Capital stock........................ $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits...............
18,773.33
Reserves ..............................
Demand deposits................ 1,371,739.28
Time deposits......................
313,449.81
U. S. Gov’t deposits...........
16,329.89
Public funds........................
503,273.79
Deposits of banks..............
Total dep........$2,204,792.77
Other liabilities..................

Total




$2,323,566.10

Total

$2,323,566.10

State o f Arkansas: Bank Department

102

BA NK OF W A L D O , W A L D O

Columbia County
Chartered September 2, 1899

Telephone Number 2274

Transit Number 81-265

Officers

Directors

J. Thurston Howell................ President
W. S. McKissack........ Vice-President
Mary H. Martin.......................... Cashier

J. Thurston Howell
Mrs. J. Thurston Howell
W. S. McKissack

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 197,209.74
Overdrafts ......................
312,022.06
U. S. Gov’t obligations..
Other bonds and securities
37,980.90
330.49
Furniture and fixtures.....
Banking house....................
1,600.00
Other real estate..............
Cash and due from banks 129,576.42
Other resources..................
681.10

Capital stock...................... $ 25,000.00
Surplus fund........................
5,000.00
Undivided profits...............
19,844.99
Reserves ..............................
7,236.62
Demand deposits................. 555,680.53
Time deposits.......................
4,943.92
5,893.45
U. S. Gov’t deposits...........
Public funds........................
55,801.20
Deposits of banks...............
Total dep........$ 622,319.10

------------------Total ................................ $ 679,400.71

Other liabilities...................
Total ................................ $ 679,400.71

T H E PEO P LE S BANK, W A L D O

Columbia County
Chartered June 22, 1910

Telephone Number 3011

Officers

Transit Number 81-266
Directors

H. A. Fincher......................... President
J. E. O’Daniel................. Vice-President
H. H. Fincher............................Cashier
R. P. Clark........................ Asst. Cashier

E. F. Fincher
G. L . Fincher
H. A. Fincher

H. H. Fincher
W. O. Fincher
J. E. O’Daniel

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts..... $ 249,184.72
Overdrafts .......................
408,000.00
U. S. Gov’t obligations.
68,242.60
Other bonds and securities
1.00
Furniture and fixtures.....
Banking house....................
1.00
Other real estate................
1.00
Cash and due from banks 354,202.22
Other resources..................

Capital stock...................... $ 25,000.00
Surplus fund............................
25,000.00
Undivided profits...............
17,668.55
Reserves ...............................
Demand deposits................. 839,040.81
Time deposits.......................
89,945.30
U. S. Gov’t deposits...........
7,222.21
Public Funds..........................
75,755.67
Deposits of banks...............
Total dep........$1,011,963.99
Other liabilities.

Total




$1,079,632.54

Total

$1,079,632.54

Thirty-sixth Report

103

BANK OF W A L D R O N , W A L D R O N

Scott County
Chartered April 3, 1901

Telephone Number 41

Officers

Transit Number 81-239
Directors

W. B. Piles............................... President
Gene Davidson................. Vice-President
M. C. Bird.......................Vice-President
Claud W. Harrison..................... Cashier
Mollie E. Center.............. Asst. Cashier
Orval K. Goodner.............Asst. Cashier

W. A. Bates
M. C. Bird
Mollie E. Center
Gene Davidson
Miles Dozier

Claud W. Harrison
J. K. May
W. S. Mitchell
W. B. Piles

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 592,563.96
Overdrafts ..........................
633.75
U. S. Gov’t obligations..... 1,190,500.00
Other bonds and securities 166,589.79
Furniture and fixtures.....
2,000.00
Banking house....................
4,500.00
Other real estate...............
Cash and due from banks 620,019.40
3,300.00
Other resources..................

Capital stock...................... $ 5t),000.00
Surplus fund........................
50,000.00
Undivided profits..............
44,549.06
Reserves .............................
Demand deposits................ 1,566,912.36
Time deposits....................
494,454.34
U. S. Gov’t deposits...........
49,566.09
Public funds........................
324,625.05
Deposits of banks.............
Total dep........$2,435,557.84
Other liabilities..................

Total ................................$2,580,106.90

Total ................................ $2,580,106.90

M E R C H A N T S AND P L A N T E R S BANK, W A R R E N

Chartered March 15, 1890

Bradley County
Telephone Number 20

Officers

Transit Number 81-159
Directors

Carl Hollis.............Chairman of Board
F. M. Holt................................ President
G. B. Colvin.....................Vice-President
A. L. Moody................................ Cashier
Mrs. Helen N. Harris.... ...Asst. Cashier
Miss Lois Goss.................Asst. Cashier

G. B. Colvin
Carl Hollis
F. M. Holt
Laurence Hurley
J. P. Lambert
Jas. K. Martin

J. E. Stewart
J. C. Thompson
Albert T. Weiss
Sidney Wharton
O. W. Wheless

STATEMENT CF JUNE 30. 1950
Resources

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

Liabilities

750,996.29
147.48
889,743.75
592,655.37
3,344.22
10,845.49
785,165.30
8,605.18

Capital stock...................... $ 75,000.00
Surplus fund........................
75,000.00
Undivided profits..............
86,440.78
Reserves ..............................
8,503.49
Demand deposits................ 1,846,107.17
Time deposits....................
582,713.76
U. S. Gov’t deposits...........
58,016.46
Public funds........................
307,891.31
Deposits of banks..............
1,830.11
Total dep........$2,796,558.81
Other liabilities.

Total .................................. $3,041,503.08




Total .................................. $3,041,503.08

State o f Arkansas: Bank Department

104

W A R R E N BANK, W A R R E N

Bradley County
Chartered December 28, 1901

Telephone Number 88 . Transit Number 81-160

Officers

Louis
John
S. B.
M. C.
M. S.

Directors

Ederington.....................President
T. Ederington..... Vice-President
Meek, Jr................Vice-President
Singer.......Vice-Pres. & Cashier
Thompson...............Asst. Cashier

L. H. Derby
J. T. Ederington
L. W. Ederington
Louis Ederington
J. B. Frazer

J. R. Gannaway
F. Martin Hankins
S. B. Meek, Jr.
M. C. Singer

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans hnd discounts.........$1,067,258.47
Overdrafts ..........................
1,563.08
U. S. Gov’t obligations..... 764,259.50
Other bonds and securities 367,643.43
Furniture and fixtures.....
3,231.71
Banking house....................
15,071.20
Other real estate.................
1.00
Cash and due from banks 735,192.28
Other resources..................
494.50

Capital stock...................... $ 75,000.00
Surplus fund........................
100,000.00
Undivided profits...............
56,198.11
Reserves ..............................
55,917.52
Demand deposits................. 1,691,822.10
Time deposits......................
535,468.47
U. S. Gov’t deposits...........
54,908.19
367,746.03
Public funds........................
Deposits of banks...............
Total dep........$2,649,944.79
Other liabilities...................

Total ................................ $2,954,715.17

17,654.75

Total .................................$2,954,715.17

BANK OF W E IN E R , W E I N E R

Poinsett County
Chartered April 2, 1909

Telephone Number 91

Officers

L.
R.
E.
H.

Transit Number 81-456
Directors

Hogue.................................. President
A. Ziegenhorn...........Vice-President
E. Hogue.........Exec. Vice-President
E. Winters.............................. Cashier

E. E. Hogue
L. Hogue
Marcus Hoge
F. R. Huber

Mrs. J. B. Huber
H. E. Winters
R. A. Ziegenhorn

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$ 226,698.07
Overdrafts ..........................
3,178.25
U. S. Gov’t obligations.....
527,200.00
Other bonds and securities
Furniture and fixtures.....
5,492.53
Banking house....................
2,662.83
Other real estate.................
Cash and due from banks 366,765.47
Other resources..................
2,207.45

Capital stock...................... $ 25,000.00
Surplus fund...............
45,000.00
Undivided profits...............
18,384.75
Reserves ..............................
5,000.00
Demand deposits................. 964,417.15
Time deposits.......................
27,344.58
U. S. Gov’t deposits...........
690.21
Public funds........................
28,403.40
Deposits of banks...............
19,964.51
Total dep........$1,040,819.85
Other liabilities..................

Total




$1,134,204.60

Total

$1,134,204.60

105

Thirty-sixth Report

M E R C H A N T S A N D F A R M E R S BANK, W E S T H E L E N A

Phillips County
Chartered October 4, 1948

Telephone Number West-522

Officers

Transit Number 81-76S
Directors

Chester Jones.......................... President
J. B. Weedman..............Vice-President
R. H. Ross.........Vice-Pres. & Cashier
Roy B. Warren................ Asst. Cashier
Ella Lewey........................ Asst. Cashier

James P. Baker, Jr. C. G. Raff
S. H. Hurst
R. H. Ross
Chester Jones
Fulton Simpson
E. F. Kalb
J. B. Weedman

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate..............
Cash and due from banks
Other resources..................

270,340.38
47.25
187,248.46
135,890.77
12,717.26
111,567.59
540.74

Capital stock...................... $ 50,000.00
Surplus fund........................
15,000.00
Undivided profits...............
12,382.59
Reserves ..............................
Demand deposits................
417,585.17
Time deposits......................
67,277.74
U. S. Gov’t deposits...........
3,506.67
Public funds........................
152,600.28
Deposits of banks...............
Total dep........$ 640,969.86
Other liabilities..................

Total

718,352.45

Total

718,352.45

BA NK OF W E S T M E M P H IS , W E S T M E M P H IS

Crittenden County
Chartered April 21, 1928

Telephone Number 35

Officers

Transit Number 81-695
Directors

E. J. W hite...................President
Wm. H. Hundhausen .Vice-Pres.
Taylor Claiborne............. Cashier
Kathleen Yokley.......Asst. Cash.

C. H. Brown
G. M. Coleman
H. R. Dabbs
Wm. H. Hundhausen
Cecil Oliver

Arthur Russell
Harvey E. Thompson
E. J. White
D. B. Woollard

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts......... $
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

Total



232,724.83
892,000.00
178,693.26
1,500.00
934,342.47

Capital stock...................... $ 50,000.00
Surplus fund........................
50,000.00
Undivided profits.............
17,839.35
Reserves ..............................
5,000.00
Demand deposits................. 1,636,666.51
Time deposits......................
189,811.43
U. S. Gov’t deposits...........
2,219.83
Public funds........................
287,723.44
Deposits of banks.............
Total dep........$2,116,421.21
Other liabilities

$2,239,260.56

Total

$2,239,260.56

State o f Arkansas: Bank Department

106

M E R C H A N T S A N D P L A N T E R S BANK, W E S T M E M P H I S

Crittenden County
Chartered August 5, 1941

Telephone Number 250

Transit Number 81-743

Officers

Directors

J. C. Johnson...........................President
J. C. McCaa.....................Vice-President
John M. Smith..Exec. V.-Pres. & Cash.
Marvin E. Phelps............. Asst. Cashier
Mrs. James Bledsoe....... Asst. Cashier

John A. Cooper
J. C. Johnson
J. C. McCaa

Lewis K. McKee
John M. Smith

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 327,342.49
Overdrafts ..........................
4.64
U. S. Gov’t obligations..... 1,286,238.49
Other bonds and securities 186,179.42
Furniture and fixtures.....
15,620.00
Banking house....................
Other real estate..............
Cash and due from banks 886,461.93
Other resources..................

Capital stock...................... $ 50,000.00
Surplus fund........................
75,000.00
Undivided profits...............
56,946.09
Reserves ..............................
6,508.88
Demand deposits................. 1,530,952.86
Time deposits......................
264,161.90
U. S. Gov’t deposits...........
19,896.79
Public funds........................
698,380.45
Deposits of banks...............
Total dep........$2,513,392.00
Other liabilities...................

Total ................................ $2,701,846.97

Total ................................ $2,701,846.97

RICE G RO W ER S BANK, W H E A T L E Y

St. Francis County
Chartered September 27, 1909

Telephone Number 2391

Officers

H. K. Smith, Jr....................President
Robert Carvell....Vice-Pres. & Cashier
Mary F. Williams...........Asst. Cashier

Transit Number 81-458
Directors

Robert Carvell
Mayme Lyon

H. K. Smith, Jr.

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........$ 430,889.65
Overdrafts ..........................
U. S. Gov’t obligations..... 220,000.00
Other bonds and securities
Furniture and fixtures.....
2,500.00
Banking house....................
1.00
Other real estate..............
Cash and due from banks 360,594.93
Other resources..................

Total ............................ ....$1,013,985.58




Liabilities

Capital stock...................... $ 25.000. 00
Surplus fund........................
25.000. 00
Undivided profits...............
57,110.91
Reserves ..............................
Demand deposits................. 812,560.60
Time deposits......................
53,424.64
U. S. Govt deposits...........
Public funds........................
40,889.43
Deposits of banks...............
Total dep........$ 906,874.67
Other liabilities..................
Total ................................ $1,013,985.58

10 7

Thirty-sixth Report

W I L M O T S T A T E BANK, W I L M O T

Chartered October 25, 1937

Ashley County
Telephone Number 23

Officers

Transit Number 81-738
Directors

Wm. B.de Yampert...............President
Dr. M. C. Crandall......Vice-President

Dr. M. C. Crandall G. B. Stovell
Wm. B.de Yampert J. B. Shackleford
E. H. Dunning

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$ 88,010.85
Overdrafts ........................ .
U. S. Gov’t obligations.....
550,000.00
Other bonds and securities
Furniture and fixtures.....
600.00
Banking house....................
Other real estate...............
Cash and due from banks 227,624.56
Other resources..................
1,597.99

Capital stock...................... $ 25.000. 00
25.000. 00
Surplus fund........................
12,451.26
Undivided profits...............
Reserves ..............................
758,154.47
Demand deposits................
Time deposits......................
U. S. Gov’t deposits...........
Public funds........................
47,227.67
Deposits of banks...............
Total dep........$ 805,382.14
Other liabilities..................

Total ................................ $ 867,833.40

Total ................................ $ 867,833.40

BANK OF W IL S O N , W IL S O N

Mississippi County
Chartered October 3, 1908

Telephone Number 3251

Officers

Transit Number 81-462
Directors

J. H. Crain.............Chairman of Board
Benton Garrett.........................President
C. J. Lowrance, Jr........ Vice-President
J. B. Gwyn.................................. Cashier
Ruth Childs....................... Asst. Cashier
Dorothy Dean....................Asst. Cashier
Gatha W atson................... Asst. Cashier

J. E. Crain
S. A.
J. H. Crain
R. H.
Benton Garrett
R. E.
C. J. Lowrance, Jr. R. E.

Regenold
Robinson
L. Wilson, Jr.
L. Wilson, III

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$1,090,398.57
Overdrafts ..........................
44.06
U. S. Gov’t obligations.....
557,939.65
Other bonds and securities 110,031.95
Furniture and fixtures.....
4,758.76
Banking house....................
Other real estate..............
Cash and due from banks 701,209.29
Other resources..................
670.26

Capital stock...................... $ 50,000.00
Surplus fund........................
300,000.00
Undivided profits..............
26,964.95
Reserves ..............................
5,099.95
Demand deposits................. 1,149,457.93
199,488.66
Time deposits......................
U. S. Gov’t deposits...........
562.50
Public funds........................
733,478.55
Deposits of banks..............
Total dep........$2,082,987.64
Other liabilities..................

Total




$2,465,052.54

Total

$2,465,052.54

State o f Arkansas: Bank Department

108

CROSS C O U N T Y BANK, W Y N N E

Cross County
Chartered June 5, 1891

Telephone Number 46

Officers

Transit Number 81-151
Directors

Dave Block............................... President H. K. Barwick, Jr.
H. K. Barwick, Jr...........Vice-President Dave Block
J. W. Lipscomb............................Cashier David Drexler
Wallace Eldridge.............Asst. Cashier
D. M. Hamrick

J. C. Hilliard
J. W. Lipscomb
W. W. Shaver, Jr.
H. Steinberg

STATEMENT OP JUNE 30. 1950
Liabilities

Resources

Loans and discounts.........$
Overdrafts ..........................
U. S. Gov’t obligations.....
Other bonds and securities
Furniture and fixtures.....
Banking house....................
Other real estate...............
Cash and due from banks
Other resources..................

888,177.02
48.97
489,953.13
294,950.00
5,000.00
30,000.00
630,017.18

Capital stock...................... $
Surplus fund........................
Undivided profits...............

50,000.00
90,000.00
44,067.86

R o s G rvG S

Demand deposits................. 1,731,487.92
Time deposits......................
62,366.06
U. S. Gov’t deposits...........
12,590.25
Public funds........................
347,634.21
Deposits of banks.............
Total dep........$2,154,078.44
Other liabilities.

Total ................................ $2,338,146.30

Total ................................ $2,338,146.30

T H E BA NK OF Y E L L V I L L E , Y E L L V I L L E

Marion County
Chartered December 13, 1945

Telephone Number 2501

Transit Number 81-753

Officers

Directors

Park Gaines............................... President
Lon W. Berry..................Vice-President
H. A. Burnes.............. Vice-President
Bernice Berry............................... Cashier
Wynona Willingham.......Asst. Cashier

Bernice Berry
Park Gaines
Lon W. Berry
W. M. Keeter
H. A. Burnes
Wynona Willingham
Geo. N. Cavaness

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........$ 263,186.02
Overdrafts ..........................
U. S. Gov’t obligations.....
367,000.00
Other bonds and securities
15,294.71
Furniture and fixtures.....
2,000.00
Banking house....................
Other real estate..............
Cash and due from banks 272,934.85
Other resources..................

Liabilities

Capital stock...................... $
Surplus fund.................
Undivided profits...............
Reserves ..............................
Demand deposits...................
Time deposits......................
U. S. Gov’t deposits...........
Public funds...........................
Deposits of banks...............
Total dep........$ 849,620.23

25,000.00
25,000.00
20,795.35
734,733.33
114,886.90

Other liabilities.
Total .................................. $ 920,415.58




Total ................................... $ 920,415.58

Thirty-sixth Report

C O N S O L ID A T E D S T A T E M E N T OF C O N D IT IO N OF T H E
S E V E N C O O P E R A T IV E EX C H A N G E S O P E R A T IN G IN
A R K A N S A S AS OF JU N E 30, 1950
Resources

Loans and discounts..................................................... $ 24,736.03
Overdrafts ..................................
360.43
U. S. Government obligations........................................
57,355.20
Furniture and fixtures...................................................
1,823.58
Banking house...................................................................
1,800.00
Cash and due from banks........................................... 503,962.62
Other resources.................................................................
1,986.97
Total

Resources...................................................... $ 592,024.83
Liabilities

Capital stock..................................................................... $ 14,820.00
Surplus and undivided profits......................................
11,724.23
Deposits ............................................................................ 565,480.60
Total Liabilities




$ 592,024.83

State o f Arkansas: Bank Department

no

T H E F IR S T C O M PAN Y, BLACK ROCK

Lawrence County
Telephone Number 53
Directors

Officers

J. F. Sloan................................ President
Dr. E. J. Cruse...............Vice-President
H. L. Clark................................ Manager

H. L. Clark
L. J. Coffey
Dr. E. J. Cruse
J. E. Krone

J. F. Sloan
C. H. Smith
R. C. Tate
A. W. Williams

STATEMENT OF JUNE 30, 1950
Liabilities

Resources

Cash and due from banks..$
Other resources...................

4,052.67
1,732.71

Capital stock...................... $
Surplus & undiv. profits...

2,480.00
3,305.38

Total ................................ $

5,785.38

Total ................................ $

5,785.38

HARDY EXCHANGE, HARDY

Sharp County
Telephone Number 2131
Directors

Officers

H. C. Daugherty...................... President
J. I. Willett...................... Vice-President
T. W. Walker................................ Cashier

L. R. Biggers
R. S. Biggers
E. R. Daugherty

H. C. Daugherty
T. W. Walker
J. I. Willett

STATEMENT OF JUNE 30, 1950
Resources

Loans and discounts.........$
U. S. Gov’t obligations.....
Furniture and fixtures.....
Cash and due from banks
Total

Liabilities

3,500.61
57,355.20
175.00
57,087.08
118,117.89

L E A C H V IL L E

Capital stock...................... $
2,500.00
Surplus & undiv. profits..
1,479.28
Deposits ..............................
114,138.61
118,117.89

Total

EX C H A N G E , L E A C H V IL L E

Mississippi County
Telephone Number 82
Officers

Directors

Paul Downs.............................. President
Fred F. Alexander..Vice-Pres. & Cash.
DeLean Alexander...........Asst. Cashier

DeLean Alexander
Fred F. Alexander
Vernon Coggins

Paul Downs
Bert Faulkner

STATEMENT OF JUNE 30. 1950
Resources

Liabilities

Loans and discounts.........$
700.00
Overdrafts ..........................
89.62
Cash and due from banks 180,245.28

Capital Stock...................... $
2,000.00
Surplus & undiv. profits..
5,382.65
Deposits ..............................
173,652.25

Total .................................. $ 181,034.90




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

Total

..............$ 181,034.90

Thirty-sixth Report

111

PEO PLES E XCH ANG E, McRAE

White County
Telephone Number 342
Officers

Directors

H. F. Hammock...................... President
G. M. Bennett.....Vice-Pres. & Cashier
Mattie R. Bennett...........Asst. Cashier

G. M. Bennett
F. C. Blevins
R. H. Ernest

H. F. Hammock
Bert Shannon

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
3,586.62
Overdrafts ..........................
264.67
Furniture and fixtures.....
500.00
Banking house....................
1,800.00
Cash and due from banks 120,199.17
Other resources...................
234.86

Capital stock...................... $
2,500.00
Deposits .............................. 124,085.82

Total ................................ $ 126,585.32

Total ................................ $ 126,585.32

M I N E R A L SPRINGS E X C H A N G E CO M PAN Y, M I N E R A L SPRINGS

Howard County
Telephone Number 4
Officers

Directors

W. L. Bell................................. President R. M. Bell
R. L. Nutt......................... Vice-President W. L. Bell
Mrs. Azelle Bell........................... Cashier Thos. Bridgeman

R. L. Nutt
C. C. Stephens
Randolph Webb

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Loans and discounts.........$
Furniture and fixtures.....
Cash and due from banks

16,948.80
848.05
30,798.39

Capital stock...................... $
Surplus & undiv. profits..
Deposits ..............................

4,500.00
1,405.85
42,689.39

Total ................................ $

48,595.24

Total ................................$

48,595.24

TYRONZA

EX C H A N G E C O M PAN Y, T Y R O N Z A

Poinsett County
Telephone Number 75
Officers

Directors

D. F. W ylie..............................President J. L. Cooper
W. W. Warren................Vice-President A. L. Fair
W. S. Tatum..................................Cashier W. S. Tatum
Ernestine Sanders...........Asst. Cashier

W. W. Warren
D. F. Wylie

STATEMENT OF JUNE 30, 1950
Resources

Liabilities

Furniture and fixtures.....$
Cash and due from banks
Other resources...................
Total




.f

300.53
56,474.83
19.40
56,794.76

Capital stock...................... $
Deposits ..............................

440.00
56,354.76

$

56,794.76

Total

State o f Arkansas: Bank Department

112

W IL M A R EXCHANGE, W IL M A R

Drew County
Telephone Number 28
Officers

Directors

E. A. Oslin..............................President
Louin McKinstry.......... Vice-President
R. A. McKinstry.......................... Cashier
Mrs. R. A. McKinstry.....Asst. Cashier

Louin McKinstry
E. A. Oslin
R. A. McKinstry
S. C. W iscaver
Mrs. R. A. McKinstry

STATEMENT OF JUNE 30, 1950
Resources

Overdrafts .......................... $
Cash and due from banks
Total




Liabilities

6.14
55,105.20
55,111.34

Capital stock...................... I
Surplus & undiv. profits..
Deposits ..............................
Total

400.00
151.07
54,560.27
55,111.34

REPORT
OF
BUILDING AND LOAN DIVISION




AND
SECURITIES DIVISION

114

State uf Arkansas: Bank Department

BUILDING AND LOAN DIVISION
December 31, 1949

Statement of eight active state chartered Building and Loan
Associations, compiled from annual reports rendered the Ark­
ansas State Bank Department as of December 31, 1949.
List of four voluntary liquidating Building and Loan As­
sociations as of December 31, 1949.




Thirty-sixth Report

115

C O M B IN E D S T A T E M E N T OF T H E E IG H T A C T IV E S T A T E C H A R T E R E D
B U IL D IN G A N D LOAN ASSO CIATION S AS OF D EC EM B ER 31, 1949
Assets

Loans ............................................................................................................... $7,700,077.83
Contracts of Sale............................................................................................
23,301.56
Real Estate Owned........................................................................................
3,003.00
U. S. Government Obligations...............
619,149.00
Other Securities......................................
77,301.00
Office Building...............................................................................................
8,700.00
8,570.88
Furniture and Fixtures..................................
Cash on Hand and in Banks......................................................................
361,747.21
Other Assets............................................
10,518.72
Total Assets.................................................................................. $8,812,369.20
Liabilities

Guaranty Stock............................. ..................................................................$ 57,500.00
Shares ............................................................................................................. 6,946,241.35
Advance from FHL Bank.............................................................................
686,875.00
Notes Payable...........................
50,575.08
Loans in Process....................................................................................
25,874.20
Other Liabilities.............................
82,739.04
Reserves .....................................
653,843.50
Undivided Profits.......................................................................................... 308,721.03
Total Liabilities.




...$8,812,369.20

State o f Arkansas: Bank Department

116

F A Y E T T E V I L L E B U IL D IN G A N D LOAN ASSO CIAT IO N
F A Y E T T E V I L L E , W A S H IN G T O N C O U N T Y , A R K A N S A S
December 31, 1949
Officers

A. C.
W. P.
David
H. L.

Directors

Ucker.............................. President
McNair, Jr.... Ex. Vice-President
McNair.S ecretary-Treasurer
Pearson...........................Attorney

H. E. Cravens
H. L. Pearson
Harrison Hale
W. C. Smith
David McNair
A. C. Ucker
W. P. McNair, Jr.

Assets

Liabilities

Loans ....................................I ,339,679.88
2,329.30
Contracts of Sale...............
170,000.00
U. S. Gov’t obligations.....
15,800.00
Other securities..................
995.74
Furniture and fixtures.....
Cash on hand & in banks
79,132.18
Other assets........................
1.00

Shares .................................. $1,294,393.46
Advances from FHL Bank 145,625.00
Reserves ..............................
141,000.00
Undivided profits....
26,867.20
Other liabilities.......
52.44

$1,607,938.10

$1,607,938.10

F O R R E S T C I T Y SAVING S A N D LOAN ASSO CIAT IO N
FO R R EST C IT Y , ST. FRAN CIS C O U N T Y , A R K A N S A S
December 31, 1949
Officers

Directors

Ed Ash..................................... President
C. W. Norton........ ................. Secretary

Assets

U. S. Gov’t obligations.....
Other securities..................
Furniture and fixtures.....
Cash on hand & in banks




Ed Ash
John C. Bowen
W. W. Campbell

A. L. Harris
W. E. Stevens
Gazzola Vaccaro

Liabilities

13,000.00
3,000.00
1.00
14,032.86

Shares .................................. $ 215,792.68
Advances from FHL Bank
16,500.00
Other liabilities..................
601.58
Reserves ..............................
15,000.00
Undivided profits...............
19,292.24

$ 267,186.50

$ 267,186.50

117

Thirty-sixth Report

U N IT E D B U IL D IN G A N D LOAN ASSO CIATION
F O R T S M I T H , S E B A S TIA N C O U N TY , A R K A N S A S
December 31, 1949
Officers

Directors

F. W. Dyke............................ President
R. A. Young...................... Vice-President
A. R. Noe................Secretary-Treasurer
Brady Pryor............................... Attorney

W. V. Boatright
R. B. Cutting
C. C. Davis
R. A. DeLong
F. W. Dyke
Allen Henderson

Assets

H. L. Jett
C. Laughlin, Jr.
Brady Pryor
R. J. Ross
R. A. Young

Liabilities

Loans .................................. $3,671,443.02
U. S. Gov’t obligations..... 305,949.00
Other securities........
37,500.00
Furniture and fixtures.....
6,573.14
Cash on hand & in banks 142,593.85
Other assets..............
4,650.44

Shares .................................. $3,462,298.82
Advances from FHL Bank 450,000.00
Loans in process................
14,731.53
49,515.35
Other liabilities..................
Reserves ..............................
149,593.59
Undivided profits..............
42,570.16

$4,168,709.45

$4,168,709.45

JONESBORO B U IL D IN G A N D LOAN ASSOCIATION
JONESBORO, C R A IG H E A D C O U N TY , AR K A N SA S
December 31, 1949
Officers

Directors

B. L. Westbrook, Jr............. President
J. H. Little, Jr................Vice-President
J. C. W estbrook.....................Secretary
Jettie Burk............................ Bookkeeper

F. J. Gregson
J. H. Little, Jr.
J. B. Hinson
Roy Sigler
W. R. Weaver
E. L. Westbrook, Jr.
J. C. Westbrook

Assets

Liabilities

Loans ..................................$ 268,968.74
Contracts of sale...............
3,538.18
Office building....................
7,500.00
Furniture and fixtures.....
1.00
Cash on hand & in banks
1,906.55

Shares ..................................$ 178,584.90
Notes payable....................
46,400.08
Other liabilities..................
22,694.92
Reserves ..............................
30,000.00
Undivided profits...............
4,234.57

$281,914.47

$ 281,914.47




State o f Arkansas: Bank Department

118

C IT IZ E N S B U IL D IN G A N D LOAN A S S O C IA T IO N
JONESBORO, C R A IG H E A D C O U N T Y , A R K A N S A S
(In Process of Liquidation)
December 31, 1949
Officers

W. R. Stuck.............................
Chas. A. Stuck.......................
Wm. R. Stuck.........................

.President
-Secretary
....Trustee

Assets

Liabilities

Loans ..................................$
Contracts of sale..............
Real estate owned.............
Cash on hand & in banks
Other assets........................

3,933.66
8,286.48
3,000.00
1,638.92
2,861.90

Shares ................................ -$
Notes payable..................
Other liabilities.................
Reserves ............................
Undivided profits.............

2,775.00
4,175.00
2,361.60
3,677.19
6,732.17

$

19,720.96

$

19,720.96

PEO PLES B U IL D IN G A N D LOAN A SSO C IA T IO N
L I T T L E ROCK, P U L A S K I C O U N T Y , A R K A N S A S
December 31, 1949
Officers

Directors

W. W. Finch............ President & Sec’y
Claibourne W. Conway .Vice-President
Carl Hollis..Vice-Pres. & Chrmn. Board
W. C. Thomas
Treas. & Asst. Sec’y
Pearl Hinkle.................Asst. Secretary

Robert C. Bird
Claibourne W. Conway
W. W. Finch
Carl Hollis
W. C. Thomas

Assets

Liabilities

Loans .................................. $1,323,888.73
Contracts of sale...'..
5,600.75
U. S. Gov’t obligations.....
55,500.00
Other securities........
12,100.00
1,000.00
Furniture and fixtures.....
Cash on hand & in banks
40,659.79

Shares ...................................$1,204,515.90
Advances from FHL Bank
45,000.00
Loans in Process....
11,142.67
Other liabilities........
934.71
Reserves ..............................
128,606.23
Undivided profits....
48,549.76

$1,438,749.27

$1,438,749.27




Thirty-sixth Report

119

A R G E N T A B U IL D IN G AND LOAN ASSOCIATION
N O R T H L I T T L E ROCK, P U L A S K I C O U N T Y , A R K A N S A S
December 31, 1949
Officers

Directors

Lee Miles.................................. President
Joe W. Pugh.........Yice-Pres. & Treas.
Solon Humphreys...................Secretary
Berah Eason......Cash. & Bookkeeper
M. L. Spradling..... Stenographer

Mrs. Lucy P. Humphreys
Solon Humphreys
Lee Miles
Joe W. Pugh

Assets

Liabilities

Loans ..................................!
Contracts of sale..............
Real estate owned.............
U. S. Gov’t obligations.....
Other securities..................
Cash on hand & in banks

414,289.63
466.26
3.00
69,900.00
5,101.00
69,880.43

Shares ..................
Other liabilities....
Reserves ...............
Undivided profits.

$ 559,640.32

292,195.70
6,562.22
162,966.49
97,915.91

$ 559,640.32

W A R R E N B U IL D IN G AND LOAN ASSO CIATION
W A R R E N , B R A D L E Y C O U N T Y , A R KAN SAS
December 31, 1949
Officers

Directors

J. R. Gannaway.............
President
Louis Ederington..........Vice-President
Byron L. Herring..........Vice-President
B. R. Wardlaw.....Sec’y and Treasurer
B. Ball..........................................Attorney

B. Ball
J. R. Ganaway
Louis Ederington Byron L. Herring
J. B. Frazer
N. R. Herring
B. R. Wardlow

Assets

Liabilities

Loans ..................................$ 440,721.53
Contracts of sale...............
3,080.59
U. S. Gov’t obligations.....
4,800.00
Other securities.............
3,800.00
Office building...................
1,200.00
Cash on hand & in banks
11,902.63
Other assets........................
3,005.38

Shares ..................................$ 295,684.89
Guaranty stock..................
57.500.00
Advances from FHL Bank
29.750.00
Other liabilities..................
16.22
Reserves ..............................
23,000.00
Undivided profits..............
62,559.02

$ 468,510.13

$ 468,510.13




120

State o f Arkansas: Bank Department

L IS T OF FOUR V O L U N T A R I L Y L IQ U I D A T I N G S T A T E C H A R T E R E D
B U IL D IN G A N D LOAN A SSO C IA T IO N S IN A R K A N S A S
AS OF D E C E M B E R 31, 1949

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




Rock
Rock
Rock
Rock




SECURITIES DIVISION
June 30, 1950

* * * * * * *
a|e

i|c
*

*
*

$

*

State o f Arkansas: Bank Department

122

C O M B IN E D S T A T E M E N T OF RESOURCES A N D L IA B I L I T I E S OF S E V E N
I N D U S T R IA L LOAN I N S T I T U T I O N S O P E R A T IN G U N D E R A C T 111 OF 1941
J U N E 30, 1950
Assets

Loans ................................................................................................................$1,791,005.40
Securities ........................................................................................................
59,866.00
Furniture and Fixtures...................................................................................
8,121.17
Other Assets....................................................................................................
18,398.79
Cash on Hand andinBank........................................................................... 167,392.14
TOTAL ASSETS.................................................. .•.........................$2,044,783.50
Liabilities

Investment Certificates................................................................................ $
Notes Payable..................................................................................................
Re-Discounts .............................
Debentures ............................................................
Other Liabilities..............................................................................................
Unearned Income....................................................
Reserves ..........................................................................................................
Capital .............................................................................................................
Surplus and Undivided Profits...................................................................




657,945.48
333,449.32
62,346.56
80,900.00
57,236.36
16,611.82
35,276.83
502,975.00
298,042.13

$2,044,783.50

Thirty-sixth Report

123

C O M M E R C IA L C R E D IT PLAN, INC.
F O R T S M I T H , AR KAN SAS
June 30, 1950
Officers

H. A. Cherry.............
President
W. R. Mules.........................................................................Secretary
S. M. Chesney.......................................................................Treasurer
Assets

Liabilities

Loans ..................................$ 160,810.85
Cash on hand and in bank
66,804.51

Investment Certificates..... $ 98,64^.83
Other liabilities..................
9,123.12
Unearned income...............
4,545.67
Capital .................................. 100,000.00
Surplus and undiv. profits
15,303.74

$ 227,615.36

227,615.36

C O M M E R C IA L C R E D IT PL AN, INC.
JONESBORO, A R KAN SAS
June 30, 1950
Officers

H. A. Cherry..........................................................
President
W. R. Mules.........................
Secretary
S. M. Chesney.................................................................... Treasurer
Assets
Loans ........................ -........ $ 238,552.66
Other Assets........................
294.00
Cash on hand and in bank
26,689.80

Liabilities
Investment Certificates.....$ 140,754.70
Other liabilities..................
5,632.16
Unearned income...............
7,341.37
Capital .................................. 100,000.00
Surplus and undiv.profits
11,808.23

$ 265,536.46

$ 265,536.46

C O M M E R C IA L C R E D IT PLAN, INC.
L I T T L E ROCK, A R KAN SAS
June 30, 1950
Officers

H. A. Cherry.........
W. R. Mules.........
S. M. Chesney......

........................................ President
........................................ Secretary
....................................... Treasurer

Assets
•Loans ..................................$ 203,382.84
Securities ............................
56,816.00
Cash on hand and in bank
6,481.66

Liabilities
Investment Certificates....$ 129,455.20
Notes payable......................
39,949.32
Unearned income..............
4,724.78
Reserves ..............................
4,892.95
Capital ................................
50,000.00
Surplus and undiv. profits
37,658.25

$ 266,680.50

$ 266,680.50




124

State o f Arkansas: Bank Department

F R I E N D L Y F IN A N C E C O M P A N Y
F A Y E T T E V IL L E , ARKANSAS
June 30, 1950
Officers

Harvey L. Joyce................................................................. President
John H. Joyce............................................................. Vice-President
Helen M. Joyce................................................................... Secretary
Assets

Liabilities

Loans .................................. !
Securities ............................
Other Assets......................
Cash on hand and in bank
$

10,809.22
2,050.00
30.02
343.69

Notes payable....................
Other liabilities..................
Reserves ..............................
Capital ..................................
Surplus and undiv. profits

2,000.00

1,029.38
179.07

10,000.00

24.48

13,232.93

13,232.93

MORGAN PLAN C O M P A N Y
T E X A R K A N A , ARKANSAS
June 30, 1950
Officers

J. R.
E.
P.
S. H.
E. D.

Gunter.......................
President
Wilson................................................................. Vice-President
Atkinson..................................................................... Secretary
McDaniel....................................................... General Manager
Assets

Liabilities

Loans ..................................$ 141,820.48
Securities ............................
1,000.00
Furniture andfixtures........
2,210.18
Other Assets......................
1,009.14
Cash on hand and inbank
2,175.20

Notes payable.................... :
Other liabilities..................
Reserves ..............................
Capital ................................
Surplus and undiv. profits

$ 148,215.00

7,500.00
1,475.66
1,815.91
50,000.00
87,423.43
148,215.00

N A T I O N A L C R E D IT C O R PO R A TIO N
P IN E B L U F F , AR K A N SA S
June 30, 1950
Officers

N.
V.
C.
C.

J.
D.
A.
S.

Gantt, Jr...................................................................... President
Vice-President
W ebb...............................
Davies..........................................................Secretary-Manager
McNew, Jr.................................................................. Treasurer
Assets

Liabilities

Loans .................................. $ 419,269.42
Furniture and fixtures.....
3,297.34
Other Assets......................
1,071.38
Cash on hand and in bank
7,586.94

Investment Certificates.....$ 92,070.09
Notes payable....................
134,000.00
Other liabilities...................
6,976.23
28,388.90
Reserves ..............................
Capital ................................
100,000.00
Surplus and undiv. profits
69,789.86

$ 431,225.08

$ 431,225.08




12j

Thirty-sixth Report

PEO PLES LOAN A N D I N V E S T M E N T C O M P A N Y
FORT SM ITH , ARKANSAS
June 30, 1950
Officers

R. S. Young, Sr..................................
W. A. Needham...................................
R. C. Helvie........................................
Mary C. Sims......................................
Assets

Liabilities

616,359.93
2,613.65
15,994.25
57,310.34

Investment Certificates....$ 197,022.66
150,000.00
Notes payable....................
Re-Discounts ......................
62,346.56
Debentures ........................
80,900.00
Other liabilities..................
32,999.81
Capital ........................
92,975.00
Surplus and undiv. profits
76,034.14

$ 692,278.17

$ 692,278.17

Loans ..................................!
Furniture and fixtures.....
Other Assets......................
Cash on hand and in bank




.................President
....... Vice-President
Secretary-Manager
................Treasurer

State o f Arkansas: Bank Department

126

C O M B IN E D S T A T E M E N T OF ASSETS A N D L IA B I L I T I E S OF T H I R T Y - E I G H T
IN D U S T R IA L LOAN I N S T I T U T I O N S O P E R A T IN G U N D E R ACTS 135
OF 1937 A N D 354 OF 1927 AS A M E N D E D
June 30, 1950
Assets

Loans ................................................................................................................$5,052,921.59
Securities ........................................................................................................ 113,330.00
Office Building................................................................................................
46,402.24
Real Estate.........-...........................................................................................
25,298.51
98,651.05
Furniture and fixtures..................................................................................
Other Assets.................................................................................................... 110,825.69
Cash on Hand and inBank...........................................................................
840,462.51
TOTAL ASSETS........................................................................... $6,287,891.59
Liabilities

Investment Certificates................................................................................ $ 258,925.26
Notes Payable................................
2,745,601.71
Re-Discounts ....................................................................................................
570,388.17
Other liabilities...............................
461,399.25
Unearned Income..........................................................................................
321,730.94
Reserves .......................................................................................................... 102,851.33
Capital .............................................................................................................. 1,239,193.66
Surplus and Undivided Profits...................................................................
587,801.27
TOTAL LIABILITIES.................................................................$6,287,891.59




127

Thirty-sixth Report

A R K A N SA S I N V E S T M E N T C O M P A N Y
H O T SPRINGS, A R KAN SAS
June 30, 1950
Officers

J. Fillmore Meadows.................. President and General Manager
Dr. D. B. Strough.....................................................Vice-President
H. K. Meadows................................................ Secretary-Treasurer
Assets

Liabilities

Loans ..................................$
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank

40,452.72
208.00
750.50
2,676.03

3,600.00
920.07
916.59
35,000.00
3,650.59

Notes payable....................3
Other liabilities..................
Unearned income...............
Capital ................................
Surplus and undiv. profits

$ 44,087.25

$ 44,087.25

A T L A S F IN A N C E CO M PANY, INC.
A R K A D E L P H IA , AR KAN SAS
June 30, 1950
Officers

J.
N.
C.
E.

B.
R.
R.
E.

Hardman...
W elch.......
Huie..........
Lee............

............President
...Vice-President
............Secretary
...........Treasurer

Assets

Liabilities

Loans ....................................$ 151,259.33
Other Assets........................
674.38
Cash on hand and in bank
679.37

81,950.56
15,125.93
9,121.78
25,000.00
21,414.81

Notes payable.................... 1
Unearned income..............
Reserves ..............................
Capital ................................
Surplus and undiv. profits

152,613.08

$ 152,613.08

A T L A S F IN A N C E C O M P A N Y
L I T T L E ROCK, A R KAN SAS
June 30, 1950
Officers

Julia Snow Harris...............................................................President
Thelma Ellis.................
Vice-President
S. M. Harris...................................................... Secretary-Treasurer
Assets

Loans ....................................
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank




Liabilities

177,635.52
505.68
15.00
1,998.84

$ 180,155.04

Investment certificates.......$ 72,486.50
Notes payable........................
50,353.70
Unearned income....................
12,533.44
Reserves ..............................
8,788.37
Capital ...................................
22,950.00
Surplus and undiv. profits
13,043.03
$ 180,155.04

State o f Arkansas: Bank Department

128

BLOCK M O RTGA GE C O M P A N Y , INC.
L I T T L E ROCK, A R K A N S A S
June 30, 1950
Officers

Raymond E. Block, Sr........................................................ President
Sam A. Block...............................................................Vice-President
Lewis S. Block...........................................................Vice-President
A. S. Rosen.............. Secretary-Treasurer and General Manager
Assets

Liabilities

Loans ..................................$ 151,207.85
Other assets........................
513.51
Cash on hand and in bank
6,963.29

Notes payable...................... $ 123,150.00
Other liabilities..................
3,618.45
Capital ................................
25,000.00
Surplus and undiv. profits
6,916.20

$ 158,684.65

$ 158,684.65

C E N T R A L LOAN A N D I N V E S T M E N T C O M P A N Y
L I T T L E ROCK, A R K A N S A S
June 30, 1950
Officers

F. W. Duttlinger..............................
Geo. W. Massery.................................
J. C. Nemec...................... ..................
A. C. Ganaway...................................

...................President
..........Vice-President
..........Vice-President
Secretary-Treasurer

Assets

Liabilities

Loans ..................................$ 239,692.30
Furniture and fixtures.....
478.38
Cash on hand and in bank
6,225.58

Investment certificates.....$ 84,140.11
Notes payable..................... 103,025.16
Reserves ..............................
1,849.55
Capital ................................
43,550.00
Surplus and undiv. profits
13,831.44

$ 246,396.26

$ 246,396.26

JACK C O L L IE R EAST C O M PA N Y, INC.
L I T T L E ROCK, A R K A N S A S
June 30, 1950
Officers

Jack C. East...
Lou Dell East
Jas. M. East....

................................................. President
........................................Vice-President
..............................Secretary-Treasurer

Assets

Liabilities

Loans .................................. $ 558,350.78
Securities ............................
675.00
Furniture andfixtures........
8,943.46
Other assets........................
12,243.28
Cash on hand and inbank
55,358.41

Notes payable.................... $ 503,287.50
Other liabilities...................
32,248.29
Capital ................................
50,000.00
Surplus and undiv, profits
50,035.14

$ 635,570,93

$ 635,570.93




129

Thirty-sixth Report

C O N S O L ID A T E D S T A T E M E N T OF
G E N E R A L C O N T R A C T PU R C H A S E CO RPO RA TIO N
B L Y T H E V I L L E , AR K A N SA S
H O T SPRINGS, A R K A N SA S
JONESBORO, A R KAN SAS
L I T T L E ROCK, AR K A N SA S
June 30, 1950
Officers

A. A. Blumeyer.....................................................................President
W. E. Burtelow............... ............................... Exec. Vice-President
J. G. Butler...................................................................Vice-President
Mike Moran.................................................................Vice-President
W. G. Schuburg....Vice-Pres. & Gen. Mgr. of Little Rock Branch
D. Hapke............................................................................... Secretary
Jack Rawlings............................................. Gen. Mgr.— Blytheville
William Connell........................................... Gen. Mgr.— Jonesboro
A. W. Koeniger......................................... Gen. Mgr.—Hot Springs
Assets

Liabilities

Furniture and fixtures.......$ 53,443.79
Other assets........................
3,430.76
Cash on hand and in bank 371,906.85

Other liabilities.................. $ 105,507.86
Unearned income............... 232,809.51
Capital ................................
50,000.00
Surplus and undiv. profits
40,464.03

$ 428,781.40

$ 428,781.40

HELENA

I N D U S T R IA L LOAN CO RPO RA TIO N
H E L E N A , AR K A N SA S
June 30, 1950
Officers

W. W. Moore........................... .............................................President
William T. Greer....................................Vice-President-Gen. Mgr.
S. H. Hurst........................................................ Secretary-Treasurer
Liabilities

Assets

Loans ..................................$
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank

67,077.03
417.94
15.00
12,442.20

Investment certificates.....!|
Notes payable....................
Other liabilities..................
Capital ................................
Surplus and undiv. profits

27,422.63
31,999.30
86.95
18,800.00
2,443.29

$

79,952.17

$

79,952.17




130

State o f Arkansas: Bank Department

H O M E F IN A N C E C O M PA N Y, INC.
EL DORADO, A R K A N S A S
June 30, 1950
Officers

G. M. McDavid................................................................. ...President
Julius Miller............... ......Secretary-Treasurer and Gen. Mgr.
Assets

Liabilities

618,152.33
31,000.00
7,883.36
8,467.95
19,320.81

Notes payable.................... $ 290,000.00
Other liabilities...................
53,033.67
65,503.49
Reserves ...............................
Capital ..........................
105,000.00
Surplus and undiv. profits 171,287.29

$ 684,824.45

684,824.45

Loans ..................................:
Office Buildings................
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank

H O M E F IN A N C E S Y S T E M , IN C O R P O R A T E D
H E L E N A , AR K A N SA S
June 30, 1950
Officers

A. M. Coates........................................................................President
Christine H. Coates............................................................ Secretary
John R. Coates..................................................... General Manager
Assets

Liabilities

Loans ......................... ........ $
Furniture and fixtures.....
Other assets........................

75,405.90
1,167.35
20.00

$

76,593.25

Notes payable.................... $
Other liabilities..................
Reserves ..............................
Capital ................................
Surplus and undiv. profits

5,000.00
1,063.26
5,532.55
35,000.00
29,997.44
76,593.25

IN D U S T R IA L T H R I F T A N D LOAN C O M P A N Y
CAMDEN, ARKANSAS
June 30, 1950
Officers

L. M. Stern................... .............. Pres, and Gen. Mgr. and Treas.
J. E. Gaughan.............................................................Vice-President
C. D. Sanders.......................................................................Secretary
Assets

Liabilities

Loans .................................. $
Other assets........................
Cash on hand and in bank

30,506.16
209.90
1,731.69

Notes payable.................... 3
Other liabilities..................
Capital ................................
Surplus and undiv. profits

4,500.00
64.56
25,000.00
2,883.19

$

32,447.75

$

32,447.75




131

Thirty-sixth Report

C O N S O L ID A T E D S T A T E M E N T OF
K L I N D W O R T H IN S U R A N C E AGENCY, INC.
W E S T M E M P H IS , A R K A N S A S
(BR A N C H O F F IC E — E AR LE, A R K A N S A S )
June 30, 1950
Officers

T. Curtis Foster...................................................................President
Martin E. Klindworth................................Vice-Pres. & Gen. Mgr.
Nadyne L. Klindworth................................... Secretary-Treasurer
Assets

Liabilities

Loans ..................................!
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank

83,513.36
2,687.85
4,648.75
10,434.71

Notes payable...
Re-Discounts ....
Other liabilities.
Capital ............. .

29,504.97
63,126.41
253.29
8,400.00

$ 101,284.67

101,284.67

L E D G E R W O O D LOAN & I N V E S T M E N T C O M P A N Y
H O T SPRINGS, A R KAN SAS
June 30, 1950
Officers

Cecil H. Ledgerwood.......................................................Sole Owner
Assets

Liabilities

Loans .................................. $
Cash on hand and in bank
$

37,259.57
6,747.23

Investment certificates.....!
Capital ................................
Surplus and undiv. profits

44,006.80

11,266.39

20,000.00

12,740.41
44,006.80

L IB E R T Y LOAN A N D R E A L T Y CO M PAN Y
L I T T L E ROCK, A R K A N S A S
June 30, 1950
Officers

J. W. Strawn.........................................................................President
J. W. Strawn, Jr....................................
Vice-President
Mrs. J. W. Strawn......................................
Secretary
Assets

L ia b ilities

Loans ..................................$
Other assets........................
Cash on hand and in bank




$

48,198.04
1,118.59
15,458.78

64,775.41

Notes payable.................... Jj
Cther liabilities..................
Unearned income...............
Capital ................................
Surplus and undiv. profits

25,250.00
4,203.42
4,852.72
20,469.27

$

64,775,41

10, 000.00

132

State o f Arkansas: Bank Department

LOGAN F IN A N C E C O RPO RA TIO N
B L Y T H E V IL L E , ARKANSAS
June 30, 1950
Officers

.............................. Pres. & Gen. Mgr.
............................. Secretary-Treasurer

Max Logan...
E. M. Terry-

Liabilities

Assets

59,177.00
159.72
6,476.62

Loans ..................................!
Other assets........................
Cash on hand and in bank
$

Notes payable.................... :
Other liabilities..................
Capital ................................
Surplus and undiv. profits

33,600.00
2,400.14
25,000.00
4,813.20

65,813.34

65,813.34

JAM ES L. LUCAS CO R PO R A TIO N
M A G N O L IA , A R K A N S A S
June 30, 1950
Officers

James L. Lucas..................................................................... President
Rebecca D. Norton..................................................... Vice-President
Anna L. Lucas..................................................Secretary-Treasurer
Liabilities

Assets

8,341.00
25,298.51
1,563.72
1,391.46
10,244.33

Loans ..................................!
Real estate..........................
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank
$

9,687.60
6,860.83
25,000.00
5,290.59

Notes payable.................... !
Other liabilities..................
Capital ................................
Surplus and undiv. profits
$

46,839.02

46,839.02

M A G N O L IA LOAN C O M P A N Y , INC.
M A G N O L IA , A R K A N S A S
June 30, 1950
Officers

C. R. Burnham..................................................................... President
Bert A. May................................................................. Vice-President
Mrs. C. R. Burnham........................................ Secretary-Treasurer
Assets

Liabilities

Loans .................................. $
Other assets........................




$

9,603.56
371.69
9,975.25

Other liabilities...................!
Capital ................................
Surplus and undiv. profits
$

511.32

6,000.00

3,463.93
9,975.25

133

Thirty-sixth Report

M A I N L A N D MORTGAGE C O M P A N Y
HO U ST O N , T E X A S
L I T T L E ROCK. A R K A N SA S
June 30, 1950
Officers

Jack W. Rowland................................................................ President
S. R. Hunt........................... Vice-President, Secretary-Treasurer
Assets

Liabilities

Loans ..................................$ 364,825.00
Furniture and fixtures.....
2,618.02
Other assets............................
37,243.13
Cash on hand and in bank
20,599.68

Notes payable.................... $ 364,825.00
Other liabilities..................
26,680.25
Capital ...............
25,000.00
Surplus and undiv. profits
8,780.24

$ 425,285.83

425,285.83

M A N H A T T A N C R E D IT C O M P A N Y
L I T T L E ROCK, A R KAN SAS
June 30, 1950
Officers

J. H. Mize.............................................
George R. Dittrich.............................
Gerald V. Hudgens...........................
Assets

........ President
Vice-President
........Secretary
Liabilities

Loans ..................................$ 990,373.61
Securities ............................
97,655.00
Furniture and fixtures.....
3,595.70
Other assets........................
9,926.96
Cash on hand and in bank
4,405.50

Investment certificates..
Notes payable................
Re-Discounts ..................
Other liabilities..............
Unearned income..............
Reserves ..............................
C apital..................................
Surplus and undiv. profits

$1,105,956.77

25,264.72
105,670.26
507,261.76
75,199.74
46,982.41
10,364.36
325,000.00
10,213.52
$1,105,956.77

P EERL ESS T H R I F T A N D LOAN C O M P A N Y
M O R R IL T O N , A R K A N SA S
June 30, 1950
Officers

Carroll W. Johnston and Pauline Johnston.................... Owners
Assets

Liabilities

Loans ..................................$
Cash on hand and in bank

14,105.86
104.69

Notes payable.................... $
Reserves ..............................
Capital ................................
Surplus and undiv. profits

300.00
500.00
10,000.00
3,410.55

$

14,210.55

$

14,210.55




134

State o f Arkansas: Bank Department

PEO PLES CO M PA N Y, INC.
FORT S M ITH , ARKANSAS
June 30, 1950
Officers

Mary C. Kelley.................................................................... President
McLoud Sicard....................................Vice-President & Treasurer
Virginia E. Powell...............................................................Secretary
Assets

Liabilities

Loans ........................... ...... $
Cash on hand and in bank

25,553.12
8,008.77

$

33,561.89

Notes payable.....................:
Other liabilities...................
Capital ................................
Surplus and undiv. profits
$

3,000.00
1,624.19
25,000.00
3,937.70
33,561.89

T H E PEO PLES LOAN A N D I N V E S T M E N T C O M P A N Y
HOPE, A R K A N S A S
June 30, 1950
Officers

Fred O. Ellis......................................................................... President
Frank J. Hill............................................................... Vice-President
J. C. Hall............................................................................... Secretary
Assets

Liabilities

Loans ..................................$
Furniture and fixtures.....
Cash on hand and in bank

54,594.96
495.47
25.56

$

55,115.99

Notes payable.....................$
Other liabilities..................
Unearned income...............
Capital ................................
Surplus and undiv. profits

21 , 000.00

3,714.79
5,755.00
23,900.00
746.20
55,115.99

PEO P LE S LOAN & I N V E S T M E N T C O M P A N Y
JONESBORO, A R K A N S A S
June 30, 1950
Officers

Joe N. Martin............................................. President & Gen. Mgr.
R. H. Moore................................................................Vice-President
Julian James........................................................................ Secretary
Assets

Liabilities

Loans ..................................$
Other assets........................
Cash on hand and in bank

13,567.25
151.87
186.19

Notes payable.....................3
Other liabilities..................
Capital ................................
Surplus and undiv. profits

7,650.00
119.03
5,000.00
1,136.28

$

13,905.31

$

13,905.31




135

Thirty-sixth Report

PEO PLES LOAN & I N V E S T M E N T C O M PAN Y, INC.
MT. IDA, A R KAN SAS
June 30, 1950
Officers

L. L. Beavers.....................................................
President
Joe Brakefield.............................................................Vice-President
Glenn Hickey..............
Vice-President
John Beavers..................................................... Secretary-Treasurer
M. M. Beavers....................................... Asst. Secretary-Treasurer
Assets

Liabilities

Loans ..................................$ 100,893.60
Furniture and fixtures__
1,676.92
Cash on hand and in bank
13,933.20

Notes payable..................
Other liabilities..................
Capital ................................
Surplus and undiv. profits

77,000.00
125.00
32,500.00
6,878.72

$ 116,503.72

116,503.72

C O N S O L ID A T E D S T A T E M E N T OF
R E P U B L IC MORTGAGE C O M PAN Y, INC.
F OR T S M IT H , A R KAN SAS
T E X A R K A N A , A R KAN SAS
June 30, 1950
Officers

Geo. D. Carney................................................................... President
C. Laughlin................................................. Vice-Pres. & Gen. Mgr.
E. E. Bethell........................... .............................................Treasurer
Assets

Liabilities

383,899.37
15,000.00
2,365.99
13,365.28
50,853.41

Notes payable.................... $ 412,810.00
Other liabilities..................
24,714.34
Capital ................................
25,300.00
Surplus and undiv. profits
2,659.71

$ 465,484.05

465,484. pf

Loans ..................................i
Securities ............................
Furniture and fixtures.....
Other assets........................
Cash on hand and in bank

SPA LOAN C O M PA N Y
H O T SPRINGS, A R K A N S A S
June 30, 1950
Officers

John G. Gibbs...................................................
President
Mary F. Gibbs............................................................. Vice-President
Joe M. Lyon....................................................... Secretary-Treasurer
Assets

Liabilities

Loans ..................................$
Other assets........................
Cash on hand and in bank

52,063.79
2,238.66
1,957.38

$

56,259.83




Investment certificates.
Notes payable...............
Other liabilities..............
Unearned income..........
Capital ...........................

23,434.91
25,000.00
69.58
2,755.34
5,000.00
$

56,259.83

136

State o f Arkansas: Bank Department

U N IO N I N D U S T R IA L LOAN C O R P O R A TIO N
N O R T H L I T T L E ROCK, A R K A N S A S
June 30, 1950
Officers

Ben Winston........................................................................President
Thos. H. Little..—............................................................... Secretary
Assets

Liabilities

Loans ..................................$
Office building....................
Furniture and fixtures.....
Other assets........................
Cash on hand and inbank

37,929.96
11,816.82
256.48
56.00
4,846.12

$

54,905.38

Investment certificates.....$
Notes payable.....................
Other liabilities...................
Reserves ..............................
Capital ................................
Surplus and undiv. profits

14,910.00
10,667.07
4,734.02
1,191.23
19,693.66
3,709.40
54,905.38

U N IO N I N V E S T M E N T CO., INC.
EL DORADO, A R K A N S A S
June 30, 1950
Officers

Clyde E. Byrd....................................................................... President
Grady R. W oolley....................................................... Vice-President
L. F. Brewer......................................................Secretary-Treasurer
Assets

Liabilities

Loans ..................................$ 134,917.58
Office building....................
3,585.42
Other assets........................
520.00
Cash on hand and in bank
11,271.63

Notes payable.................... i
Other liabilities..................
Capital ................................
Surplus and undiv. profits

64,302.59
884.43
50,100.00
35,007.61
150,294.63

$ 150,294.63

U N IT E D LOAN A N D I N V E S T M E N T C O M P A N Y
L I T T L E ROCK, A R K A N S A S
June 30, 1950
Officers

J. H. Cottrell, Jr.......................................President and Gen. Mgr.
H. A. Emerson............................................................ Vice-President
Ruth T. Cottrell...................................................................Secretary
Assets

Liabilities

Loans .................................. $ 149,450.32
Furniture and fixtures.....
2,000.19
Other assets........................
1,999.83
Cash on hand and in bank
4,361.32




$ 157,811.66

Notes payable.................... $
Other liabilities...................
Capital ................................
Surplus and undiv. profits

85,722.57
688.93
63,000.00
8,400.16

$ 157,811.66

13 7

Thirty-sixth Report

U T L E Y A N D C O M PAN Y, INC.
F A Y E T T E V I L L E , A R KAN SAS
June 30, 1950
Officers

H. L. Utley.............................................President and Gen. Mgr.
Reba K. Utley.............................................................Vice-President
J. J. Pyeatt................................................... ...Secretary-Treasurer
Assets

Liabilities

Loans ..................................$ 187,846.76
Furniture and fixtures.....
8,342.75
Other assets........................
1,156.50
Cash on hand and in bank
56,747.51

Notes payable.................... $ 164,550.00
Other liabilities..................
40,662.72
Capital ................................
25,000.00
Surplus and undiv. profits
23,880.80

$ 254,093.52

$ 254,093.52

VAN BU REN LOAN B U REAU , INC.
VAN BUREN, A R KAN SAS
June 30, 1950
Officers

Mary C. Sims...
W. A. Needham
R. C. Helvie......

..................................................President
.........................................Vice-President
............................... Secretary-Treasurer
(Inactive)

W E A V E R & C O M PAN Y, INC.
L I T T L E ROCK, AR K A N SA S
June 30, 1950
Officers

R. E. Weaver, Jr...................................Pres., Treas., & Gen. Mgr.
C. S. Plowman............................................................Vice-President
Eugenia S. W eaver.............................................................Secretary
Assets

Liabilities

Loans .................................. $ 141,250.08
4,192.63
Other assets........................
Cash on hand and in bank 120,597.59

Notes payable.................... $ 103,900.00
Other liabilities..................
50,447.95
Capital ................................
50,000.00
Surplus and undiv. profits
61,692.35

$ 266,040.30

$ 266,040.30




138

State o f Arkansas: Bank Department

E.

W A L D E N W I L L I A M S & C O M P A N Y , INC.
FORT S M ITH , ARKANSAS
June 30, 1950
Officers

E. Walden Williams........................................................... President
Louise E. Williams....................................................Vice-President
Josephine C. Boehmer........................................................Secretary
Assets

Liabilities

Loans ..................................$
Other assets........................
Cash on hand and in bank

45,817.88
5,944.34
13,899.22

$

65,661.44




Notes' payable.................... 3
Other liabilities..................
Capital ................................
Surplus and undiv. profits

5,095.43
20,961.83
25,000.00
14,604.18
$ 65,661.44

Thirty-sixth Report

139

C O M B IN E D S T A T E M E N T OF ASSETS AND L I A B I L I T IE S OF T W E N T Y T H R E E C R E D I T U N IO N S OF A R K A N SA S AS OF DE C E M B E R 31, 1949
Assets

Loans ...............................................................................................................$ 389,240.26
Bonds and Securities.................................................................................... 108,188.00
Furniture and Fixtures................................................................................
391.15
Other Assets................................................................
15,895.09
Cash on Hand and in Banks............ .........................................................
85,637.85
TOTAL ASSETS.......................................................................... $ 599,352.35
Liabilities

Shares .............................................................................................................$ 552,655.51
Deposits ...........................................................................................................
3,670.09
Notes payable.................................................................................................
2,500.00
Other Liabilities..............................................................................................
2,611.86
Guaranty Fund...............................................................................................
19,026.32
Undivided Profits..........................................................................................
18,888.57
TOTAL LIABILITIES................................................................ $ 599,352.35
Approximate number of members 4,387




140

State o f Arkansas: Bank Department

LION O IL CO -O P E R A T IV E SAVING S & C R E D I T AS S O C IA T IO N
EL DORADO, A R K A N S A S
December 31, 1949
Liabilities

Assets

Loans ..................................:
Bonds and securities.........
Cash on hand and in bank
Other assets........................
Furniture and fixtures.....

56,618.50
39.980.00
24,574.76
15.893.00
361.64

Shares .................................. $ 128,457.25
Guaranty fund.....................
3,128.01
3,989.70
Undivided profits...............
Other liabilities...................
1,852.94

$

137,427.90

$ 137,427.90

Approximate number of members 752

A R K A N S A S W E S T E R N E M P L O Y E E S ’ C R E D I T U N IO N
F A Y E T T E V IL L E , ARKANSAS
December 31, 1949
Assets

Liabilities

Loans ..................................!
Bonds and securities.........
Cash on hand and in bank

$

11,489.10
13,461.50
6,749.59

Shares .................................. $
Deposits ..............................
Guaranty fund....................
Undivided profits...............
Other liabilities...................

29,910.00
198.04
616.34
661.18
314.63

31,700.19

$

31,700.19

Approximate number of members 80

H O T SPRINGS F E D E R A L E M P L O Y E E S C R E D I T U N IO N
H O T SPRINGS, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans .................................. $
Cash on hand and in bank

13,145.36
1,698.56

Shares .................................. $
Guaranty fund....................
Undivided profits...............
Other liabilities...................

14,444.10
114.77
280.85
4.20

$

14,843.92

$

14,843.92

Approximate number of members 159

A G R IC U L T U R A L E X T E N S IO N W O R K E R S C R E D IT U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans .................................. $
Cash on hand and in bank

31,497.88
1,557.40

Shares .................................. $
Deposits ..............................
Notes payable....................
Guaranty fund.....................
Undivided profits...............

30,197.21
3.55
500.00
456.25
1,898.27

$

33,055.28

$

33,055.28




Approximate number of members 176

141

Thirty-sixth Report

AIR T E C H N IC IA N 'S C R E D IT UN IO N
L I T T L E ROCK, A R KAN SAS
December 31, 1949
Assets

Liabilities

Loans ..................................I
Cash on hand and in bank
Other assets........................

905.00
409.16
2.09

Shares ..................................$
Notes payable....................

816.25
500.00

$

1,316.25

$

1,316.25

Approximate number of members 50

A R K A N S A S D E M O C R A T C R E D IT U N IO N
L I T T L E ROCK, A R K A N SA S
December 31, 1949
Assets

Liabilities

Loans ..................................!
Bonds and securities.........
Cash on hand and in banks
$

16,015.11
592.00
2,632.48

Shares ...................
Guaranty fund......
Undivided profits.

17,286.15
1,155.92
797.52
19,239.59

19,239.59

Approximate number of members 77

A R K L A G A S C R E D IT UN IO N
L I T T L E ROCK, AR KAN SAS
December 31, 1949
Assets

Liabilities

Loans .................................. :
Bonds and securities.........
Cash on hand and in bank
$

12,020.05
2,300.00
780.21

Shares ..................
Guaranty fund.....
Undivided profits

14,170.70
341.46
588.10
15,100.26

15,100.26

Approximate number of members 144

C A P IT O L C R E D IT UN IO N
L I T T L E ROCK, A R K A N SA S
December 31, 1949
Assets

Liabilities

Loans ..................................$
Cash on hand and in bank

3,550.91
215.77

?

3,766.68




Shares ..............................
Guaranty fund.................
Undivided profits...........

Approxim ate number o f m em bers 85

3,694.53
47.50
24.65
3,766.68

142

State o f Arkansas: Bank Department

D E P A R T M E N T OF LABOR C R E D I T U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans ..................................$
Cash on hand and in bank

7,515.23
944.42

Shares .................................. $
Guaranty fund....................
Undivided profits...............

7,694.31
380.30
385.04

$

8,459.65

$

8,459.65

Shares .................................. $
Guaranty fund....................
Undivided profits...............

16,275.92
240.63
665.31

Approximate number of members 146

E N G IN E E R S C R E D IT U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans ..................................$
Bonds and securities.........
Cash on hand and in banks

12,374.15
2,000.00
2,807.71

$

17,181.86

17,181.86

Approximate number of members 178

F E D E R A T IO N C R E D IT U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans ..................................!
Bonds and securities.........
Cash on hand and in bank

$

32,572.51
4,740.00
844.75

Shares ...................
Deposits ...............
Notes payable.......
Guaranty fund......
Undivided profits

32,045.72
677.09
1,500.00
1,541.21
2,393.24

38,157.26

38,157.26

Approximate number of members 207

F R A N K E ’S C R E D IT U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans .................................. $
Cash on hand and in bank

1,311.98
2,004.88

$

3,316.86




2,687.29
399.66
229.91

Shares ..............................
Guaranty fund.................
Undivided profits...........

Approximate number of members 90

$

3,316.86

143

Thirty-sixth Report

G A Z E T T E E M P L O Y E E S ’ C R E D IT UN IO N
L I T T L E ROCK, AR K A N SA S
•
Assets

December 31, 1949
Liabilities

Loans ..................................$
Bonds and securities.........
Cash on hand and in bank

5,630.26
3,200.00
5,564.06

$

14,394.32

Shares ..............................
Guaranty fund................
Undivided profits

13,669.41
479.12
245.79
14,394.32

Approximate number of members 71

K E M B A L I T T L E ROCK C R E D IT UN IO N
L I T T L E ROCK, A R K A N SA S
December 31, 1949
Assets

Liabilities

Loans ..................................$
Bonds and securities.........
Cash on hand and in bank

34,515.08
20,720.00
17,206.58

$

72,441.66

Shares ..............................
Guaranty fund.................
Undivided profits

69,089.79
1,924.06
1,427.81
72,441.66

Approximate number of members 251

L IT T L E

ROCK M U N IC IP A L W A T E R W O R K S
C R E D IT UN IO N
L I T T L E ROCK, A R K A N SA S

EMPLOYEES

December 31, 1949
Assets

Liabilities

Loans ..................................!
Bonds and securities.........
Cash on hand and in bank

$

2,052.73
1,000.00
2,201.32

Shares ..................................$
Deposits ...............................
Guaranty fund....................
Undivided profits..................
Other liabilities..................

5,254.05

2,630.75
2,147.45
159.11
209.95
106.79
5,254.05

Approximate number of members 52

L I T T L E ROCK PO STAL C R E D IT UN IO N
L I T T L E ROCK, A R K A N SA S
December 31, 1949
Assets

Liabilities

Loans .................................. $
Bonds and securities.........
Cash on hand and in bank

47,049.28
4,323.00
2,964.99

$

54,337.27




Shares ..............................
Guaranty fund.................
Undivided profits

Approxim ate number o f m em bers 305

47,240.63
4,573.53
2,523.11
54,337.27

144

State o f Arkansas: Bank Department

S O U T H W E S T H O T E L S C R E D I T A SSO CIAT IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Loans ..................................$
Cash on hand and in bank

19,220.98
2,088.74

$

21,309.72

*
Liabilities

Shares .................................. $
Guaranty fund....................
Undivided profits..............
Other liabilities...................

20,321.28
300.00
355.14
333.30
21,309.72

Approximate number of members 368

S T A T E C E N T R A L C R E D I T U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans ..................................$
Cash on hand and in bank

4,025.71
514.15

Shares .................................. $
Guaranty fund....................
Undivided profits...............

4,273.61
68.44
197.81

$

4,539.86

$

4,539.86

Approximate number of members 52

V E T E R A N S A D M IN IS T R A T I O N E M P L O Y E E S C R E D I T U N IO N
L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans ..... .............................$
Bonds and securities.........
Cash on hand and in bank
Furniture and fixtures.....

20,974.94
3,500.00
5,064.86
27.51

Shares ................................ -$
Deposits ............................
Guaranty fund...................
Undivided profits.............

27,047.40
7.29
886.42
1,626.20

$

29,567.31

$

29,567.31

Approximate number of members 323

F E D E R A T E D SHO P C R A F TS C R E D I T U N IO N
N O R T H L I T T L E ROCK, A R K A N S A S
December 31, 1949
Assets

Liabilities

Loans ..... ............................ $
Bonds and securities.........
Furniture and fixtures.....
Cash on hand and in bank

14,237.23
1,100.00
1.00
606.50

$

15,944.73




Shares ................................
Deposits ............................
Guaranty fund..................
Undivided profits.............

Approxim ate num ber o f m em bers 227

14,907.04
636.67
396.43
4.59
$

15,944.73

,145

Thirty-sixth Report

T H E F O R T ROOTS C R E D IT UN IO N
N O R T H L I T T L E ROCK, AR K A N SA S
December 31, 1949
Assets

Liabilities

Loans .................................. $
Bonds and securities.........
Cash on hand and in hank

34,649.39
10,471.50
3,729.97

$

48,850.86

Shares ..............................
Guaranty fund.................
Undivided profits.

48,186.22
622.27
42.37
48,850.86

Approximate number of members 338

NORTH

L I T T L E ROCK-MISSOURl PA C IF IC C R E D I T UN IO N
N O R T H L I T T L E ROCK, A R K A N SA S
December 31, 1949
Assets

Liabilities

Loans .................................. !
Bonds and securities.........
Furniture and fixtures.....
Cash on hand and in bank

6,321.38
800.00
1.00
439.45

$

6,056.31
1,180.81
324.71

Shares ...................
Guaranty fund......
Undivided profits

7,561.83

7,561.83

Approximate number of members 218

M ISSO U R I-PA C IF IC -PA R A G O U L D C R E D IT
PARAGOULD, A R K A N SA S

UN IO N

December 31, 1949
Assets

Liabilities

Loans ..................................$
Cash on hand and in bank




$

1,547.50
37.54

Shares ................................... $
Guaranty fund....................
Undivided profits..............

1,553.64
14.08
17.32

1,585.04

$

1,585.04

Approximate number of members 38

146

State o f Arkansas: Bank Department

Q U A L I F I E D STOCK E X C H A N G E S

Securities listed on the following Stock Exchanges may be exempt and
such securities so listed may be sold within the State of Arkansas by an
applicant company filing the name of the company, its address, the amount of
securities sought to be sold in Arkansas, and paying the fee required by law.




Chicago Board of Trade
Chicago Stock Exchange
New York Curb Exchange
New York Produce Exchange
New York Stock Exchange

147

Thirty-sixth Report

D E A L E R S A U T H O R IZ E D TO S E L L Q U A L I F I E D OR E X E M P T
S E C U R IT IE S IN A R K A N S A S AS OF JU N E 30, 1950

Walter R. Bass Company.....................................

....Little Rock, Arkansas

Lewis W. Cherry Company.................................

.. .Little Rock, Arkansas

Dyke Associates, Incorporated...........................

...Little Rock, Arkansas

Equipment Finance Corporation......................

............. Chicago, Illinois

Equitable Securities Corporation......................

....Nashville, Tennessee

Hamilton Management Corporation................

........... Denver, Colorado

Hill, Crawford & Lanford, Incorporated..........

....Little Rock, Arkansas

Investors Diversified Services. Incorporated.

Minneapolis, Minnesota

Paul B. Jones & Company...................................

....Little Rock, Arkansas

Roy M. Kemp, Investments.............. .......... .......

....Little Rock, Arkansas

Merrill Lynch, Pierce, Fenner & Beane..........

....New York, New York

King Merritt & Company, Incorporated..........

. ..New York, New York

Charles L. Moruzzi..............................................

.................. Dallas, Texas

R. B. Nunnery & Company................. ...............

... Little Rock, Arkansas

T.

J. Raney & Sons...........................................

...Little Rock, Arkansas

Salomon Brothers & Hutzler.............................

.. .New York, New York

Scudder Fund Distributors, Incorporated.....

..Boston, Massachusetts

Shields & Company..............................................

....New York, New York

Southern Securities Corporation.......................

....Little Rock, Arkansas

W. R. Stephens, Investments.............................

...Little Rock, Arkansas

Dabbs Sullivan Company.....................................

....Little Rock, Arkansas

E. L. Villareal & Company.................................

....Little Rock, Arkansas

Waddell & Reed, Incorporated..........................

...Kansas City, Missouri

Walton & Company, Incorporated............ ........

. ..Little Rock, Arkansas

J. M. White d /b /a White & Company.............

.........St. Louis, Missouri

Mallory Williams & Company.............. .............

...Little Rock, Arkansas

W omeldorff & Lindsey.......................................

...Little Rock, Arkansas




148

State o f Arkansas: Bank Department

C O M B IN E D O P E R A T IN G S T A T E M E N T S OF ONE H U N D R E D S E V E N T Y ONE B U R IA L A SSO C IA T IO N S FOR T H E T W E L V E M O N T H PE R IO D
E N D IN G D E C E M B E R 31, 1949

Balance December 31, 1948.........................................................................$2,039,333.00
Receipt from January 1, 1949 to December 31, 1949............................ 2,851,733.00
$4,891,066.00
Less:
Benefits Paid from January 1, 1949 to
December 31, 1949............................................. $2,324,675.00
Operating Expenses.....................................................
354,819.72
$2,679,494.72
Balance for payment of Benefits December 31, 1949.......................... $2,211,571.28
Number of Benefits Rendered
11,710
Approximate number of Members
1,630,628




Thirty-sixth Report

149

B U R IA L A SSO C IA T IO N S A U T H O R IZ E D TO S E L L M E M B E R S H IP
C E R T I F IC A T E S IN T H E S T A T E OF A R K A N S A S
AS OF JU N E 30, 1950

Name of Association
Address
Secretary-Treasurer
Andrews Burial Association................. El Dorado............. I. Andrews
Angelo Burial Association..................... Cotton Plant........ Mrs. Chas. Angelo
Arkansas Burial Society, Inc............... Fort Smith......... ..Mrs. Helen R. Stackable
Arkansas State Burial Association....Rison......................Mrs. Ruth M. Buie
Ashby Burial Association..................... Benton................... Guinevere Hawkins
Ashley County Burial Association......Hamburg........ ....... Murphy Jones
Bailey Burial Association............... ...... Cabot.................... G. Harold Todd
T. E. Barton Burial Association..........El Dorado............. Glendel Cloud
Baxter County Burial Association.......Mountain Home...Denver Roller
Beasley-Wood Burial Society............... Mena.......... ............ Berta Beasley
Benevolent Burial Association............. Hamburg............... Flora M. Thompson
Boone County Burial Association........Harrison................L. C. Holt
Branscumb Burial Association........... Brinkley................ Ruth S. Branscumb
Brickell Burial Association................... Marvell.................. Pauline Brickell
Briggs Burial Association..................... Judsonia.......... ...... James L. Kinney
Brown-Midkiff Burial Association........Clarendon.............. Alf Brown
Bryan Burial Association..................... Hoxie..................... .W. C. Bryan
Burns Burial Association..................... Bentonville........... Jessie Parker Burns
Campbell Burial Association............... Hot Springs......... George Armstrong
Carroll County Burial Association......Berryville..............Pauline L. Nelson
Leland Carter Burial Association.......Mammoth SpringDeland Carter
Caruth Burial Association..................... Hot Springs......... Jack Caruth
Caskey Burial Association................... Des A rc.................Lemuel C. Felts
Catron-Gay Burial Association........... Eudora...................Gail K. Gay
Cave City Burial Association............. Cave City..............Silam McGee
Cecil Burial Association....................... Batesville..............Dr. Walter W. CecT
Charleston Benevolent Burial Ass’n..Charleston............ Maymie Rainwater
Chicot County Burial Association..... Eudora...................I. J. Pride
Christeson Burial Association............. Harrison...... .......... A. C. Christenson
Christian Burial Association............... Eudora...................G. Watts
Church Burial Association................... Dermo'tt.................Conneliaus Davis
Citizens Burial Association................. Warren.................. James R. Johnson
Citizens Burial Association................. W est Memphis..... Lucy Ruth Johnson
Clay Burial Association.........................Forrest City......... J. O. Clay
Cobb Funeral Home Burial Society... Blytheville............ W. H. Stovell
Collison Burial Association................. Bald Knob............ W. E. Forbes
Columbia County Burial Association..Magnolia.............. Fred Lewis
Community Burial Association........... Helena................... Peter Badger
Daniel Burial Association.....................Searcy....................Elvis Daniel
Desha & Chicot County Burial Ass’n....McGehee............... Harold B. Dyer
Dixie Funeral Association.....................McGehee............... Mrs. L. L. Joiles
Dixie Burial Association.......................Marianna...............Jeurelle T. Williams
T. T. Doolin Burial Association......... Conway..................T. T. Doolin
Downey Burial Society.........................Dermott................. E. Q. Downey
Drew County Burial Association.........Monticello............. Hattie E. Henderson
Drummond Burial Association............. Little Rock...........B. T. Hoff
Dupwe Burial Association.....................Jonesboro..............D. Raymond Dupwe
Durham Burial Association.................Wynne................... H. Carroll Durham
East Funeral Burial Assurance Co.... Texarkana.............C. H. Malone
Ewards Burial Association...................Fort Smith........... Delmar D. Edwards
A. J. Emerson Burial Association..... Paragould..............A. J. Emerson
Fitzhugh Burial Association.................W ynne................... A. O. Fitzhugh
Flowers Burial Association.................Marianna...............F. C. Flowers
Fordyce Burial Association.................Fordyce................. Carlton Mays



150

State o f Arkansas: Bank Department

Franklin County Burial Association ...S zark.................... Nathan Smith
Frazer’s Burial Association.................. Warren..................Elbert Frazer
Friendly Burial Association..................Helena........ ........... Leroy Stephens
Friendly Burial Association..................Newhardt.............. Solon Anthony
Friendship Burial Association.............. Ashdown................I. M. Phillips
Grand Prairie Burial Association...... DeWitt................... Don W. Essex
Great Protective Burial Association....Pine Bluff.............Vester Miller
Great Southern Protective Bur. Ass’n..Arkadelphia..........Clinton Harris
Gregg Burial Association......................Jonesboro.............. Jesse B. Gregg
Griffin Burial Association.................. ....Harrisburg......... ...Marvin M. Griffin
Griffin-Leggett Burial Society..............Little R ock........... Paul Y. Griffin
Hammons Burial Association..............Warren.................. G. W. Hammons
Haralson Burial Association................Augusta................. Herbert R. Holmes
Harris Burial Association...................... Hot Springs......... Leon Harris, Jr.
Healey & Roth Burial Ass’n, Inc....... Little Rock........... S. R. Sims
Verlyn L. Heath Burial Association....Paragould.............Verlyn L. Heath
Herndon-Cornelius Burial Association .Hope......................T. S. Cornelius
Hicks Burial Association........................Hope.......................C. W. Hicks
Holt Burial Association..........................Blytheville............ E. M. Holt
Horne Burial Association......................Blytheville.............Cecil V. Horne
Hot Spring County Burial Association. Malvern................ Mrs. F. D. Cooper
Howard Burial Association....................Leachville.-............H. H. Howard
Howard County Burial Association.... Nashville............... M. A. Floyd
Hubble Burial Society............................ North Little RoclS. E. Hubble
W. H. Irby Burial Association............ Rector.................... W. H. Irby
James Burial Association......................Searcy................... Robert H. James
Johnson Burial Association..................Walnut Ridge...... Boh Higginbotham
Jones Burial Association......................Texarkana.............Lena P. Jones
Jonesboro Burial Association..............Jonesboro..............W. T. Emerson
Keeshan-Lambert Burial Association..Helena................. L. P. Keeshan
Kelley Burial Association......................Mt. Ida...................Phillip Kelley
Kernodle Burial Association................Wynne................... W. C. Kernodle
Kilpatrick Christian Burial Ass’n.......Farmersville La...E. N. Kilpatrick
Frank Leach Burial Association.......... Newport.................Frank Leac.h
Lemley Burial Association....................Atkins.....................O. R. Lemley
Landess Burial Association..................St. Francis............Christina M. Landess
Lepanto Burial Association..................Lepanto................. J. E. Murphy, Sr.
Liberty Burial Association....................Newport.................J. E. Tolerson, Sr.
Luginbuel Burial Association.............. Lincoln.................. Edna Luginbuel
McConnell Burial Association..............Hartford................ B. A. McConnell
McNabb
Burial Association................ Pocahontas........... Mrs. H. G. McNabb
Malvern
Burial Association................ Malvern................. T. Y. B. Graham
Marion County Burial Association.... Yellville................. H. A. Burnes
Marked Tree Burial Association........ Marked Tree........ B. F. Williams
Mayhan-Boultinghouse Bur. Ass’n...... Newark.................. Clyde Boultinghouse
Mid-South Burial Association.............. Marianna............... Winnie Kennedy
Mineral Springs Burial Association....Mineral Springs...Ed Bridgeman
Randall L. Mitchell Burial Ass’n........ Paragould.............. Randall L. Mitchell
Monarch Burial Association................ Wynne....................Helen J. Hughes
Montague Burial Association................ West Memphis.... Helen Montague
Moore’s
Burial Association................ Fayetteville.......... Jane B. Roberts
Morgans Burial Society........................Stuttgart................Frances Morgans
Murry Burial Association......................Arkadelphia.......... ,E. H. Murry
Mutual Burial Society, Inc...................Blytheville............ Pearl Caston
National Burial Association..................W est Memphis.... P. M. Dacus
Nelson-Savage Burial Association...... Fayetteville.......... B. R. Nelson
New Home Burial Association............ Newport.................Ottie Dillinger
North Arkansas Burial Association.... Marshall................ Russell Sisco
Ccker Burial Association......................Van Buren............Ocker Howell
R. W. Olmstead Burial Association....Heber Springs..... R. W. Olmstead
Olympic Burial Association..................Pine Bluff............. H. T. Perry



Thirty-sixth Report

151

Ouachita County Burial Association....Camden............. :..R. T. Lockett
Cur Burial Association............... .......... Fort Smith...........Henry Peques
Ozark Burial Association......................Siloam Springs.... Margaret Wasson
Page Burial Association........................ Hot Springs..........T. R. Page
Pence Burial Association......................Conway................. Sarah Lynn Pence
Peoples Benevolent Prote five Ass’n..Paris...................... L. B. Cox
Peoples Burial Association.................... West Helena...... Frank Ella Jordan
Peoples Burial Society..........................Augusta.................Will Raspberry
Peoples Consolidated Burial Ass’n.....Piggott..................Lloyd Russell
Peoples Consolidated Burial
Association of Western Clay............ Corning................. Charles R. Black
Poinsett Burial Association................ Trumann.............. Paul Thompson, Jr.
Polk County Burial Association.......... Mena..................... R. P. Geyer
Pratt Burial Association........................Junction City...... J. Nolan Pratt
Prescott Burial Association.................. Prescott................ J. D. Cornish
(
Progressive Burial Association............ Pine Bluff............ .U. S. Brown
Putman Funeral Association................ Fort Smith...........Mrs. J. G. Putman, Sr.
Pyeatt’s Burial Association, Inc......... Siloam Springs....W. O. Burns
Raney Burial Association......................McCrory................R. B. Wilson
Frank Reid Burial Association............ Morrilton............. Robert D. Harris
H. E. Rice Company Burial Society....Waldron........ ....... E. C. Rice
Richardson Burial Association............ Texarkana............Emma Richardson Jones
W. A. Rowell Burial Society................ Fort Smith...........Vivian Rowell
Ruebel Burial Association.................... Little Rock..........H. E. Greenfield
Rumph Burial Association....................El Dorado.............Mrs. C. B. Rumph
Russell Burial Association....................Corning............. .... Leslie D. Russell
Safe-Way Burial Association................ Newport................Burble C. Warren
Scott-Sebastian Burial Association.... Mansfield..............Joe J. Martin
Searcy County Burial Association...... Marshall............... Leonard Coffman
Shinn & Son Burial Association.......... Russellville...........Fern M. Shinn
Sims & Walton Burial Association.... Benton...................Ralph W. Walton
Smith Burial Association......................Lewisville.............A. 0. Smith
Smith Burial Association......................Stamps................... A. O. Smith
South Arkansas Burial AssociatJon.... Magnolia...............W. R. Marks
South Burial Association......................Pine Bluff............ S. E. South
Southwestern Burial Association........ Hot Springs.........George H. Brenner
Stephenson Burial Association............ Monticello............ R. E. Stephenson
Stevens Burial Association....................Forrest City........ W. E. Stevens
Swift Funeral Home Burial Society....Osceola................. Lelah B. Coble
Texarkana Protective Association...... Texarkana............Howard Fuqua
Fred A. Thompson Funeral Service
Agreement ............................ ...............Paragould............ Fred A. Thompson
Tri-County Burial Association.............. Imboden................Mrs. C. Higginbotham
Tri-County Burial Club..........................Jonesboro............. E. J. Turner
Tri-County Burial Club of Newport.... Newport................. Alvis W. Jackson
United Burial Association....................Conway................. H. M. McNutt
United Friends Burial Society............ Little Rock.......... C. D. Pettaway
Wallian-Mowery Burial Association....Piggott.............. ...O. L. Mowery
Watson Burial Association.................... Fayetteville.........Edmond P. Watson
Westbrook Burial Association............. Glenwood.............. Marlin C. Davis
C. B. Westbrook Burial Association....Hazen.................C. B. Westbrook
W. L. Westbrook Burial Association....Beebe................... B. W. Linder
White River Burial Association.......... Batesville...............A. L. Crouch
Wilkerson Burial Association..............De Queen............. Fred Wilkerson
Williams Burial Association................Camden.................B. F. Williams
Wilson Burial Association......................England................. Harold Todd
Wylie Burial Association...................... Brinkley................ Davis Wylie
Yell County Burial Association............ Dardanelle............Mrs. Lloyd Cornwell