Full text of Annual Report of the Bank Commissioner of the State of Arkansas : Twenty-Ninth Annual Report of the Bank Commissioner of the State of Arkansas : For the Year Ending June 30, 1943

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TWENTY-NINTH
ANNUAL REPORT
OF THE

BANK COMMISSIONER
OF ARKANSAS

THOMAS W . LEGGETT
State Bank Commissioner

L






TWENTY-NINTH ANNUAL REPORT
OF THE

BANK COMMISSIONER
OF THE

STATE OF ARKANSAS

FOR THE YE AR ENDING JUNE 30, 1943




THOMAS W. LEGGETT
St&te Bank Commissioner




STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT

LITTLE ROCK, ARKANSAS
June 30, 1943
To His Excellency, Homer M. Adkins,
Governor of Arkansas:
Complying with the provisions of Section 704 of Pope’s
Digest, I have the honor to submit herewith the TwentyNinth Annual Report of the State Bank Commissioner of
Arkansas for the year beginning July 1, 1942, and ending
June 30, 1943. The report covers the condition of the State
banks and trust companies, state building and loan associ
ations, industrial banks, credit unions, a combined state
ment of the burial associations of Arkansas and a compiled
list, together with other factual data.
The total assets of State banks aggregate $204,492,580.95, representing an increase of $61,781,924.00 since
June 30, 1942, or 44 per cent. The total loans carried by
State banks you will note are about the same level as a
year ago. The banks appear to be adequately able and
willing to care for the industrial and agricultural credit
needs of the State. The substantial contribution State
banks are making to the war effort is evidenced by an
overall investment in government bonds and other securi
ties of $83,733,724.16, constituting 41 per cent investment in
its asset position which reflects an increase in government
bond holdings of nearly $50,000,000.00 since June 30, 1942.
The State banks have also invested substantially in our own
Arkansas State bonds.
Conforming with your leadership, this Department is
endeavoring to serve constructively and efficiently the State
banks of Arkansas and its citizens. I want to take this op
portunity of extending my very kind appreciation for your
courtesy and cooperation.
I wish also to extend my kind thanks to the members
of the Arkansas General Assembly for their cooperation and
for the consideration accorded legislation and other mat
ters pertaining to this Department at the 1943 session, and
my thanks to the State Banking Board and the Arkansas
Bankers Association for their counsel and cooperation.




Respectfully submitted,
THOMAS W. LEGGETT,
State Bank Commissioner.




TABLE OF CONTENTS

Page
Departmental R o s te r__________________________________________________

7

Commissioners of State BankDepartment_______________________________

8

Receipts and Disbursements___________________________________________

8

Comparative Abstract showing condition of State Banks and Trust Com
panies as of June 30, 1943 and June 30, 1942________________________

9

Comparative Abstract showing condition of State and National Banks
as of June 30, for the years 1943-1939_____________________________

10

Comparative statement of condition of State Banks and Trust Com
panies for the past Thirty Years__________________________________

11

Consolidated report of Earnings and Dividends of State Banks and Trust
Companies for the Twelve months period during December 31, 1942__

12

Banking Facilities by Counties including State and National Banks, Tell
er’s Windows and Cooperative Exchanges________________________ 13-14
National Banks listed by Counties______________________________________

15

Members of Federal Reserve System___________________________________

16

Commercial Banks Non-Members of Federal Deposit Insurance Corporation

16

Trust Companies not engaged in Commercial Banking and Non-Members
of Federal Deposit Insurance Corporation__________________________

16

State Banks operating Teller’s Windows________________________________

16

National Banks operating Teller’s Windows____________________________

17

New Banks Chartered__________________________________________________

17

Amendments Altering Capital Structure________________________________

17

Amendments changing number of Directors_____________________________

17

Amendments changing Corporate Title and Location____________________

17

Banks establishing Teller’s Windows___________________________________

18

Banks discontinuing Teller’s Windows___________________________________

18

State Banks converted into National Banks_____________________________

18

State Banks absorbed by National Banks_______________________________

18

Banks Voluntarily Liquidating_________________________________________

18

Banks Voluntarily Liquidated__________________________________________

18

Banks retiring Preferred Stock_________________________________________

18

Liquidations Completed_______________________________________________

18

Liquidations Completed—Final Order not entered_______________________

19

Banks in Liquidation__________________________________________________

19

Individual statement of Banks in Liquidation__________________________ 19-20
Individual statement of condition of all State Banks and Trust Com
panies as of June 30, 1943________________________________________ 21-101




State of Arkansas: Bank Department

6

BUILDING AND LOAN AND SECURITIES DIVISION
Page
Combined and individual statement of conditon of Building and Loan
Associations as of December 31, 1942____________________________105-111
Combined and individual statement of condition of Building and Loan
Associations in voluntary liquidation as of December 31, 1942____ 112-115
Combined and individual statement of condition of Industrial Banks as
of June 30, 1943________________________________________________ 117-122
Combined and individual statement of condition of Industrial Loan In
stitutions operating under Act 111 of 1941 as of June 30, 1943____ 123-125
Combined and individual statement of condition of Credit Unions as of
December 31, 1942_______________________
126-133
Qualified Stock Exchanges as of June 30, 1943__________________________134
Dealers authorized to sell qualified or exempt Securities as of June
30, 1943 ___________________________________________________________ 135
Issuing Companies authorized to sell Securities as of June 30, 1943___ 136-138
Combined operating statement of Burial Associations for Twelve months
period ending June 30, 1943________________________________________ 139
Burial Association authorized to sell membership certificates as of June
30, 1943 ________________________________________________________ 140-142
Combined and individual statement of condition of Cooperative Ex
changes as of June 30, 1943____________________________________ 143-148




Twenty-Ninth Annual Report

DEPARTMENTAL ROSTER
Thomas W. Leggett_________ State Bank Commissioner
Theo P. Carson_____________ Assistant Bank Commissioner
John L. Carter_____________ Assistant Bank Commissioner
in charge Building and Loan
and Securities Division
BANK EXAMINERS
A. M. Hayes
F. C. Rayburn

Albert Sims
J. A. Welty

BUILDING AND LOAN AND SECURITIES EXAMINERS
Robert E. Catlett
A. H. Hughes
SECRETARY TO BANK COMMISSIONER
Grace M. Tierney
CLERKS AND STENOGRAPHERS
Vivian Martin
Sue Moore

Nora S. Powers
Ruth Tunnell

STATE BANKING BOARD
B. A. Lynch, Chairman__ ,___________________Blytheville
Howard E a s t ________________________________Camden
Louis E. Hurley_____________________________ El Dorado
A. N. Ragon_________________________________ Clarksville
Z. T. W ood__________________________________ Little Rock




7

8

State of Arkansas: Bank Department

COMMISSIONERS OF STATE BANK DEPARTMENT
STATE OF ARKANSAS
No.
1
2
3
4
5
6
7
8
9

Name
Date of appointment
Date service ended
John M. Davis__________ March 6,1913_____________ October 3,1918
A. J. Reap______________October 3,1918____________ March 22,1919
W. T. Maxwell----------------March 22,1919-------------------September 1,1921
Charles McKee_________ September 1,1921_________ July 28,1925
Loid Rainwater_________ July 28,1925----------------------February 8,1927
Walter E. Taylor_______ February 8,1927__________ -January 10,1933
Marion Wasson_________ January 10,1933__________ January 12,1937
Grover S. Jernigan______January 12,1937---------------- January 14,1941
Thomas W. Leggett_____ January 14,1941---------------RECEIPTS AND DISBURSEMENTS

The following is a statement showing the receipts and disbursements of
the State Bank Department from July 1, 1942, to June 30, 1943:
RECEIPTS
Cash Balance with State Treasurer July 1, 1942------------------------------- $22,369.60
Examination and Assessment fees Bank Department___ $36,512.75
Charter and Amendment fees Bank Department_________
510.00
Miscellaneous fees Bank Department__________________
.20
Examination and Assessment fees Building and Loan
Division__________________________________________ 1,333.32
Miscellaneous fees Building and Loan Division__________
21.60
Miscellaneous fees Securities Division__________________ 8,343.73
TOTAL RECEIPTS _____________________________________________ $46,721.60
$69,091.20
DISBURSEMENTS
Salary of Bank Commissioner_________________________ $
Salary of Assistant Bank Commissioner________________
Salary of Assistant Commissioner Securities Division___
Salary of Chief Examiner______________________________
Salaries of Bank Examiners____________________________
Salaries of Assistant Bank Examiners_________________
Salaries of Office Force----------------------------------------------Travel Expense_______________________________________
Maintenance _________________________________________
Audit Expense to State Comptroller____________________

5,000.00
4,200.00
3,600.00
3,300.00
9,000.00
6,600.00
5,750.00
4,896.48
4,460.55
1,000.00

TOTAL DISBURSEMENTS______________________________________ $47,818.03
Cash Balance with State Treasurer June 30, 1943__________________ 21,273.17




$69,091.20

TOTAL RESOURCES

$204,492,580.95

Demand deposits------------Savings and time deposits.
War loan deposits----------Public funds------------------Deposits of banks------------

$132,038,690.88
20,443,928.40
7,434,200.84
19,114,178.46
11,122,517.17

TOTAL DEPOSITS
Borrowed money___
Other liabilities____

$190,153,515.75
$
83,746.14
$
350,825.12

Capital stock____
Surplus-------------Undivided profits.
Reserves------------

$ 7,003,500.00
3,763,250.00
2,296,634.58
841,109.36

TOTAL CAPITAL ACCOUNTS_______

$ 13,904,493.94

13,316,645.08

587,848.86 (net) $

TOTAL LIABILITIES.

$204,492,580.95

$142,710,656.95

$ 61,781,924.00 (net) $




$142,710,656.95

61,781,924.00 (net) $

LIABILITIES
83,974,746.67
$ 48,063,944.21
19,921,695.53
522,232.87
7,434,200.84
15,462,330.34
3,651,848.12
9,617,088.46
1,505,428.71

$

$128,975,861.00
$ 61,177,654.75
$
56,746.14
$
27,000.00
$
361,404.73
$ --------------CAPITAL ACCOUNTS
7,118,000.00
$___.
3,416,166.50
347,083.50
2,058,187.69
238,446.89
724,290.89
116,818.47

10,579.61
114,500.00

Twenty-Ninth Annual Report

COMPARATIVE ABSTRACT SHOWING THE CONDITION OF STATE BANKS AND TRUST COMPANIES OF
ARKANSAS AS OF JUNE 30, 1943 AND JUNE 30, 1942_______________________________
June 30,1943
June 30,1942
Increase
Decrease
Number of Banks Reporting_______________________ 161______________
166______________________________ __________ 5
RESOURCES
$
169,216.37
$ 30,666,555.97
$ ____________
Loans and discounts____________________
$ 30,497,339.60
19,969.06
16,506.96
____________
Overdrafts_____________________________
36,476.02
21,423,798.50
49,828,949.47
____________
U. S. Government obligations___________
71,252,747.97
12,661,521.92
180,545.73
Other bonds and securities--------------------12,480,976.19
1,262,882.42
97,016.25
Banking house, furniture and fixtures----1,165,866.17
239,347.20
113,668.13
Other real estate_______________________
125,679.07
____________
463,566.23
45,320.34
Other resources________________________
508,886.57
75,973,015.65
12,451,593.71
____________
Cash and due from banks_______________
88,424,609.36

o

COMPARATIVE ABSTRACT SHOWING CONDITION OF STATE NATIONAL BANKS OF ARKANSAS
AS OF JUNE 30, FOR THE YEARS 1943-1939
219
1940

216
1939

RESOURCES
$ 71,276,000
30.124.000
36.661.000
112,616,000
3,144,000
751.000
698.000

$ 67,534,000
23.053.000
31.972.000
90.470.000
3.230.000
1.094.000
594,000

$ 74,677,000
21.500.000
28.962.000
72.067.000
3.269.000
1.656.000
612,000

$331,287,000

$255,270,000

$217,947,000

$202,743,000

$ 13,387,000
9,511,000
6,924,000
436,115,000
911,000

$ 13,430,000
8.702.000
6.145.000
302,150,000
860,000

LIABILITIES
$ 13,363,000
7.752.000
6.171.000
227,181,000
803,000

$ 13,618,000
7.022.000
5.636.000
190,909,000
762,000

$ 13,651,000
6.107.000
5.630.000
176,548,000
807,000

$466,848,000

$331,287,000

$255,270,000

$217,947,000

$202,743,000

212
1943

216
1942

Loans and discounts—
------U. S. Government obligations—
- ■
Other bonds and securities _
Cash and due from banks
. .
Banking house, furniture and fixturesOther real estate owned _
_ _ -. .
Other resources
. --

$ 63,004,000
180,423,000
34,150,000
185,170,000
2,938,000
• 365,000
798,000

$ 66,298,000
65.395.000
35.492.000
159,773,000
3,066,000
536.000
727.000

TOTAL RESOURCES_________

$466,848,000

Capital--------------- —
Surplus--------------- - - Undivided profits and reserves
- .
Deposits_______________ - ------Other liabilities--------------- ----------- -. TOTAL LIABILITIES _____________




216
1941

State of Arkansas: Bank Department

Number of Banks

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




417
397
387
389
389
386
404
406
402
403
397
396
394
376
358
347
329
265
223
202
189
180
178
176
171
167
169
166
166
161

Deposits

Loans and
Discounts

Borrowed
Money

$ 44,904,200 $ 49,163,800 !$ 5,101,100
3,778,300
43,583,600
39,523,900
2,088,200
45,877,800
50,107,100
3,023,300
56,871,400
72,480,300
7,823,100
78,279,700
90,194,100
14,338,600
93,519,700
109,447,800
29,775,800
133,256,200
129,669,700
27,416,000
113,064,400
104,393,600
14,857,200
101,031,600
106,276,400
9,639,800
109,443,400
128,580,700
14,237,400
114,950,900
123,365,300
13,403,100
117,669,200
136,552,900
13,078,300
123,464,400
142,107,300
8,011,600
112,051,800
134,788,700
109,167,900
7,120,500
135,849,800
8,333,200
109,438,700
137,636,800
111,542,200
12,018,900
131,936,800
3,356,600
92,097,800
67,063,800
7,676,700
62,043,400
■46,374,800
6,798,200
47,335,000
29,925,600
3,515,800
41,756,400
23,434,300
320,500
25,039,400
50,646,500
148,300
22,088,500
59,441,000
233,500
24,965,600
66,036,600
88,100
29,138,400
66,771,000
206,100
36,443,100
73,397,300
72,300
32,496,900
79,079,100
75,100
33,420,100
94,733,000
56,700
30,666,600
128,975,900
83,700
30,497,300
190,153,500

Cash

U. S. Gov’t
Bonds

Capital
Structure

Total
Resources

$ 13,081,400 $
1,000 :$ 19,409,200 $ 69,636,900
62,625,500
19,183,300
7,000
12,183,300
70,989,100
18,721,700
2,000
17,153,300
94,005,800
19,724,300
1,029,600
26,167,800
118,318,000
20,898,400
7,832,500
23,321,400
145,181,000
21,441,000
12,295,800
30,106,900
184,146,700
24,582,100
9,830,300
30,754,800
157,210,300
25,474,800
6,658,000
25,680,400
145,697,700
25,270,900
3,558,000
27,074,700
162.928.400
25,842,200
6,626,900
34,083,000
161,946.800
25,770,300
3,604,000
28,651,300
171,348,400
25,186,900
4,720,100
34,129,800
179,174,100
25,374,100
4,401,600
35,902.800
167.369,800
24,424,800
4,426,700
35,390,100
167,013.100
23,434,400
6,048,500
33,484,400
170,668,000
23,593,100
8,403,100
32,607,700
168,358,500
23,169,300
4,892,500
30,886.200
114.721,200
17,551,500
4,101,500
26,347,000
85,708.100
14.937,100
6,061,500
20,014,800
67,506,400
12,398,500
6,946,200
19,530,100
57.423,900
12,047,800
7,155,500
18,594,700
62,770.700
11,693,400
9,206,600
20,827,300
71,508,200
11,769,900
11.254,400
29,198,000
78,432,900
12,059,300
28,661,800
12,197,200
79.016,200
12,084,800
10,842,300
26,501,600
85,961,400
12,280,700
27,761,400
9,198,600
92,002,700
12,567,100
34,852,000
10,664,100
107.936,900
46,087,100
12,705,800
12,805,500
142,710,700
13,316,600
75,993,000
21,423,800
204,492,600
88,424,600
71,252,800
13,904,500

Twenty-Ninth Annual Report

June 30,1914__
June 23,1915
June 30,1916
June 20,1917
June 29,1918
June 30,1919
June 30,1920
June 30,1921—
June 30,1922
June 30,1923---June 30,1924 _ _
June 30,1925
June 30,1926
June 30,1927_ __
June 30,1928------June 29,1929
June 30,1930-----June 30,1931 —
June 30,1932
_
June 30,1933 _
June 30,1934.----June 29,1935 —
June 30,1936- —
June 30,1937
June 30,1938_
June 30,1939_ _ _
June 29,1940— _
June 30,1941_
June 30,1942
June 30,1943____

Number
Banks

M

12

State of Arkansas: Bank Department

CONSOLIDATED REPORT OF EARNINGS AND DIVIDENDS OF STATE
BANKS AND TRUST COMPANIES FOR TWELVE MONTHS
ENDING DECEMBER 31, 1942
EARNINGS:
Interest and discount on loans____________ $■ 1,942,466.68
Interest and dividends on securities________
735,324.17
Service charges, exchange charges,
commissions, e t c .__________________________ 1,223,778.59
Other operating earnings__________________
283,694,27
Total earnings from current operations_

$ 4,185,263.71

EXPENSES:
Salaries, wages and directors’ fees________$ 1,525,760.31
Interest p a id ______________________________
293,014.41
205,846.20
Taxes other than onincome_______________
Taxes on income___________________________
219,907.13
Other current expenses___________________
992,288.33
Total current expenses.

3,236,816.38

Net operating earnings
RECOVERIES AND PROFITS:
Recoveries and profits on securities sold____ $
Recoveries on loans_______________________
Other recoveries _________________________

77,013.67
182,655.48
182,839.12

Total _ ______________________________
LOSSES CHARGED OFF:
On loans _________________________________ $
On securities _____________________________
All o th e rs ________________________________

89,262.65
72,794.96
118,745.73

$

442,508.27

$

379,502.00
51,170.35

15,000.00
1,500.00

$

430,672.35

$

679,479.91

$

16,500.00

Total _
OTHER DECREASES IN CAPITAL ACCOUNTS:
Preferred stock retired____________________
Net addition to capital accounts for 1942
Total capital accounts December 31, 1941______$13,163,318.66
Less adjustment account of banks retiring from
business during 1942-----------------------------------247,699.32
Total capital accounts December 31, 1942




280,803.34

$ 1,110,152.26

Net profits after dividends____________
OTHER INCREASES IN CAPITAL ACCOUNTS:
New common stock sold___________________ $
Premium on common stock sold____________

948,447.33

$ 1,390,955.60

Net profits before dividends____________
DIVIDENDS:
Cash dividends on common stock____________ $
On preferred stock________________________

$

695,979.91
$

108,450.00

$

587,529.91

$12,915,619.34
$13,503,149.25

Twenty-Ninth Annual Report

13

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

County
Arkansas
Ashley
Baxter
Benton
—
Boone
Bradley
Calhoun
Carroll
Chicot
C la rk ____ __
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
N ewton
Ouachita
_
Perry




Population
24,437
26,785
10,281
36,148
15,860
18,097
9,636
14,737
27,452
24,402
28,386
13,134
12,570
29,822
21,536
47,200
23,920
42,473
26,046
14,471
27,160
19,831
25,880
15,683
10,253
41,664
10,477
30,204
32,770
18,916
16,621
25,643
12,834
26,427
65,101
18,795
16,851
22,651
26,810
19,709
15,932
25,967
29,802
14,531
9,464
31,874
80,217
21,133
8,876
19,869
10,881
31,151
8,392

State
Banks

National
Banks

Teller’s
Windows

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

2

1

2

1
1

2
2
1
1
1

3
1
1
1
2
6
2

I
1

1
1
1
1

1
2
2
1
1
1
1
1
1
1
3
2
1

Cooperative Ex
changes

1
2
2
1
l
1

1
L

2
2
1
1
1
1
I
1

1
1

1
1

3
3
1
1
1
2

1
1

1
1

1
1

3

14

State of Arkansas: Bank Department

County
Phillips
Pike
Poinsett
Polk____________
Pope
Prairie
Pulaski
Randolph
_ .
St. Francis
Saline
Scott
Searcy
. .
Sebastian
Sevier
Sharp
Stone
_ .
Union
Van Buren
Washington
. _
White___________
Woodruff
Yell ___________ . _




Population
45,970
11,786
37,670
15,832
25,682
15,304
156,085
18,319
36,043
19,163
13,300
11,942
62,809
15,248
11,497
8,603
50,461
12,518
41,114
37,176
22,133
20,970
1,949,387

State
Banks

National
Banks

2
3
5
1
5
1
3
2
2
1
1
1
4
2
4
1
4

2

Teller’s
Windows

Coopera
tive Ex
changes
1
1

1
1

1

3
2

3
1

1
1

2
1

5
7
2
5

2

161

51

1
1
1

1

16

14

15

Twenty-Ninth Annual Report
NATIONAL BANKS IN ARKANSAS
Name

County
.
.
.
.
.
.

First National Bank of

Arkansas
Arkansas
Benton
Benton
Carroll _
Carroll
-Clark
. Clark
.-Cleburne
Columbia
. Cross
-Dallas
■ Faulkner
Garland
- Greene
-Greene
Hempstead
Hempstead
. Hot Spring
Howard
. Independence
-Jackson
-Jackson
-Jefferson
--Jefferson
--Johnson
Lafayette

--Lawrence
Lee
•Little River
-Logan
-Madison
--Miller
-Mississippi
--Ouachita
- -Phillips
-•Phillips _
-Polk
--Pulaski
--Pulaski
-Pulaski
National Bank of Eastern Arkansas--. -St. Francis
-St. Francis
--Sebastian_
—Sebastian
Sebastian
Sevier._ _
.Union
—Union
—Washington
Washington




Location
DeWitt
Stuttgart
-Gravette
-Rogers
Berryville
-Green Forest
Arkadelphia
Gurdon
_ Heber Springs
Magnolia
Wynne
. _ Fordyce
Conway
.Hot Springs
_ -Paragould
-Paragould
Hope
Hope
Malvern
-Nashville
Newark
Newport
-Tuckerman
.Pine Bluff
.Pine Bluff
-Clarksville
Lewisville
Walnut Ridge
.Marianna
.Ashdown
Paris
.Huntsville
Texarkana
Blytheville
.Camden
Helena
Helena
Mena
Little Rock
Little Rock
Little Rock
Forrest City
. -Hughes
Fort Smith
Fort Smith
Fort Smith
DeQueen
.El Dorado
El Dorado
___ Fayetteville
. _ Springdale

16

State of Arkansas: Bank Department
MEMBERS OF FEDERAL RESERVE SYSTEM

Capital and
Date of Admission Name of Bank and Location
Surplus
April 21,1941______ Elk Horn Bank & Trust Company____________ $ 120,000.00
Arkadelphia
October 3,1919------- The Citizens Bank & Trust Company________
72,000.00
Batesville
300,000.00
August 23, 1918____ Farmers Bank & Trust Company____________
Blytheville
April 28,1941--------- The Merchants & Planters Bank_____________
150,000.00
Camden
September 11,1942__The Exchange Bank & Trust Company_______ 125,000.00
El Dorado
September 22,1933..Fordyce Bank & Trust Company____________
100,000.00
Fordyce
September 25,1942_-Arkansas Trust Company___________________
330,000.00
Hot Springs
March 20,1919_____W. B. Worthen Company, Bankers___________ 1,070,000.00
Little Rock
July 21,1920_______The Bank of Russellville_____________________
120,000.00
Russellville
115,000.00
August 23,1923____ Peoples Exchange Bank_____________________
Russellville
June 9,1942_______ Grant County Bank_________________________
50,000.00
Sheridan
May 20,1921______ Bank of Waldron____________________________
73,000.00
Waldron
COMMERCIAL BANKS—NON MEMBERS FEDERAL DEPOSIT
INSURANCE CORPORATION
Name
Location
Farmers & Merchants Bank________________________ Des Arc
Portland Bank____________________________________ Portland
Farmers & Merchants Bank__________________________Reyno
Bank of Sidney_____________________________________ Sidney
TRUST COMPANIES NOT ENGAGED IN COMMERCIAL BANKING AND
NON-MEMBERS FEDERAL DEPOSIT INSURANCE CORPORATION
Name
Location
Arkansas Valley Trust Company_______________ Fort Smith
Guaranty Loan & Trust Company___________________ Helena
Metropolitan Trust Company____________________Little Rock
STATE BANKS OPERATING TELLER’S WINDOWS
Location of
Teller’s
Name of Bank
Location
Window
County
Citizens State Bank______________ Bald Knob_____ Bradford______ White
DeWitt Bank & Trust Company----- DeWitt________ Gillett--------------Arkansas
Planters Bank & Trust Company__ Forrest City___ Cotton Plant___ Woodruff
Planters Bank & Trust Company__ Forrest City____DeValls Bluff_..Prairie
Farmers Bank___________________ Greenwood____ Hartford______ Sebastion
The Cleburne County Bank________Heber Springs..Clinton------------- Van Buren
McGehee Bank___________________ McGehee_______Arkansas City. .Desha
Monette State Bank______________ Monette----------- Caraway---------- Craighead
Mississippi County Bank__________Osceola------------ Luxora-------------Mississippi
The Security Bank & Trust Co____ Paragould-------- Marmaduke------Greene
First State Bank_________________ Plainview---------Ola------------------Yell
First State Bank_________________ Plainview---------Perryville-------- Perry
Bank of Prescott_________________ Prescott-----------Emmett----------- .Nevada
Bratt-Wasson Bank______________ Siloam Springs. Gentry------------ Benton
Merchants & Planters Bank_______Warren------------Hermitage------- .Bradley



17

Twenty-Ninth Annual Report
NATIONAL BANKS OPERATING TELLER’S WINDOWS

State National Bank--------------------- Texarkana------- Foreman_______Little River
NEW BANKS CHARTERED
July 1, 1942 to June 30, 1943
Name and Location and Date
The Searcy Bank, Searcy, White County
May 1, 1943.________________________________

Capital
$100,000

Charter
Surplus Number
$20,000

683

AMENDMENTS ALTERING CAPITAL STRUCTURE
July 1, 1942 to June 30, 1943
The Citizens Bank, Bradford, increased common stock from $10,000
to $25,000. The present outstanding stock amounting to $10,000 was
surrendered and in lieu thereof certificates with a total par value of
$12,500 were reissued to shareholders on a pro rata basis, and in so
doing the present surplus was decreased from $5,000 to $2,500; and
by the sale for cash of $12,500 par value of new common stock at a
premium of $2,500 leaving the capital at $25,000 and surplus of $5,000.
The Exchange Bank & Trust Company, El Dorado, increased com
mon stock from $80,000 to $100,000 by the sale of $20,000 par value
of new common stock at par, the proceeds being used to retire $20,000
par value of Class “ A ” preferred stock owned by the Reconstruction
Finance Corporation, leaving the capital at $100,000 all of which is
common stock.
Planters Bank & Trust Company, Forrest City, increased common
stock from $60,000 to $70,000' by the sale of $10,000 par value of new
common stock at par.
Citizens Bank, Marion, increased common stock from $30,000 to
$40,000 by declaration of a thirty-three and one-third per cent stock
dividend.
Mississippi County Bank, Osceola, increased common stock from
$50,000 to $75,000 by declaration of a fifty per cent stock dividend.
First State Bank, Parkin, increased common stock from $20,000
. to $25,000 by declaration of a twenty-five per cent stock dividend.
Piggott State Bank, Piggott, increased common stock from $25,000
to $30,000 by declaration of a twenty per cent stock dividend.
Bank of Quitman, Quitman, increased common stock from $20,000
to $25,000 by declaration of a twenty-five per cent stock dividend.
Bank of Tuckerman, Tuckerman, increased common stock from
$15,000 to $25,000 by declaration of a sixty-six and two-thirds per cent
stock dividend.
Bank of Salem, Salem, increased common stock from $20,000 to
$25,000 by declaration of a twenty-five per cent stock dividend.
AMENDMENTS CHANGING
July 1, 1942, to
Name
First State Bank _
Commercial Loan & Trust Company___
The Citizens Bank

NUMBER OF DIRECTORS
June 30, 1943
Location
Plainview__.
Monticello___
Bradford____

From
5 to 9
5 to 11
3 to 5

To
5 to 11
5 to 12
3 to 7

BANKS CHANGING CORPORATE TITLE AND LOCATION
July 1, 1942, to June 30, 1943
The Citizens Bank, Bradford, to Citizens State Bank, and location to Bald
Knob.




18

State of Arkansas: Bank Department
BANKS ESTABLISHING TELLER’S WINDOWS
July 1, 1942, to June 30, 1943

Name
Citizens State Bank

Location of
Teller’s Window
Bradford

Location
___________ Bald Knob________

BANKS DISCONTINUING TELLER’S WINDOWS
July 1, 1942, to June 30, 1943
Bank of Searcy____________________ Searcy---------------------------- Bald Knob
STATE BANKS CONVERTED INTO NATIONAL BANKS
July 1, 1942, to June 30, 1943
Citizens Bank, Magnolia, to First National Bank, Magnolia, September
19, 1942.
STATE BANKS ABSORBED BY NATIONAL BANKS
July 1, 1942, to June 30, 1943
Citizens Bank, Fayetteville, by First National Bank, Fayetteville, No
vember 19, 1942.
BANKS VOLUNTARILY LIQUIDATING
July 1, 1942, to June 30, 1943
Location
Name
Date
- Prescott___
The First State Bank-March 26,1943
.Stephens___
The Bank of Stephens
April 15,1943
.Mount Holly.
Bank of Mount HollyApril 16,1943
.Searcy-------Bank of Searcy--------April 30, 1943
BANKS VOLUNTARILY LIQUIDATED
July 1, 1942, to June 30, 1943
Farmers Bank & Trust Company-—Hamburg--------------------- December 30, 1942
BANKS WHICH HAVE RETIRED PREFERRED STOCK
July 1, 1942, to June 30, 1943
Name
Location
Bank of Dardanelle----------------------------------- Dardanelle.
Bank of Delight---------------------------------------- Delight-----The Exchange Bank & Trust Company-------- El Dorado-.
Bank of Glenwood------------------------------------- Glenwood—
Bank of Kensett__________________________ Kensett----W. B. Worthen Company, Bankers-------------- Little Rock.
Bank of Pea Ridge------------------------------------ Pea Ridge..
The Bank of Rector----------------------------------- Rector------Peoples Exchange Bank-----------------------------Russellville
Bank of Waldron--------------------------------------- Waldron—

Amount Retired
- $ 10, 000.00

-

-

5,000.00

20, 000.00
3,000.00
1,600.00

-

6 , 000.00
2 , 000.00

-

1,000.00

-

3,000.00

-

250.00

LIQUIDATIONS COMPLETED
July 1, 1942, to June 30, 1943
Date of Order Dis
charging Bank
Name
Location
Commissioner
Merchants & Farmers Bank------------------ Atkins____________March 23,1943
First & Crawford County Bank-------------- Van Buren________ August 22 1942




Twenty-Ninth Annual Report

19

LIQUIDATIONS COMPLETED— FINAL ORDER NOT ENTERED
June 30, 1943
Name
Location
Twin City Bank---------------------------------------------------------------------------North LittleRock
Peoples Trust Company------------------------------------------------------- Little Rock
Union Trust Company_____________________________
Little Rock
BANKS IN LIQUIDATION
June 30, 1943
Name
Location
Bank of Marion________________________ Marion-_

Date Closed
February 7,1938'

BANK OF MARION (Insolvent)
Marion, Crittenden County, Arkansas
Bank closed February 7, 1938.
Inventory was made February 11, 1938.
R. E. Robertson, Special Deputy Bank Commissioner.
STATEMENT OF CONDITION
ASSETS
Feb. 11,1938
Loans and discounts------------------------------------- $434,060.68
Overdrafts_________________________________
394.35
U. S. securities_____________________________
31,842.86
Other bonds and securities__________________
59,888.89
Furniture and fixtures______________________
1.00
Banking h ou se_____________________________
1.00
Cash and due from banks___________________
87,647.72
Cash items “ old” ____________________________
2,919.21
Cash items “ new” __________________________
22,265.32
Expense— G eneral_________________________
_________
Expense— Salaries and wages_______________
_________
Expense— L e g a l-----------------------------------------------------Expense— Taxes, interest, insurance
Paid for protection of assets----------Claims not of record---------------------Profit and loss--------------------------------

LIABILITIES
Capital stock— Preferred----------------------------Capital stock— Common____________________
Surplus____________________________________
Undivided profits --------------------------------------Interest collected----------------------------------------Other income and earnings---------------------------Individual deposits ------------------------------------Public funds—Unsecured----------------------------Public funds— Secured-------------------------------Postal savings deposit---------------------------------Savings deposits __________________________
Certificates of deposit---------------------------------Cashier’s checks ---------------------------------------Certified checks____________________________
Outstanding d r a fts ------- ,----------------------------Claims—General ---------------------------------------Claims allowed by court-------------------------------




(Continued)

June 30,1943
$-------------

53,736.28
7,178.73
19,256.25
10,055.46
2,068.42
1,383.00
2,881.24
31,154.61

$639,021.03

$127,713.99

$

9,900.00
15,100.00
50,000.00
9,765.96
------------------------286,761.86
100,890.60
25,993.66
44,950.00
73,349.27
21,025.50
873.04
15.00
396.14
-------------------------

$ 10,000.00

$639,021.03

$127,713.99

15.000. 00
50.000. 00
9,765.96
16,255.99
2,864.24
255.59

6.59
130.51
15.00
22,360.11
1,060.00

20

State of, Arkansas: Bank Department,
CLAIMS FILED

Total General claims filed and allowed-----------Total General claims paid----------------------------Total Preferred claims filed and allowed______
Total Preferred claims paid-------------------------Total Bills Payable outstanding when
bank closed ____________________________
Total Bills Payable executed since
bank closed ------------------------------------------

$447,200.94
424,840.23
4.017.82
4.017.82

DIVIDENDS PAID
Date Paid
August 20, 1938—
April 1, 1939------August 21, 1940—
December 6, 1940_
November 6, 1941
June 1, 1942-------




Percent Paid
__ 40
20
.
_ 15
. _
10
5
------5
.

Amount
$178,880.36
89,440.18
67,080.14
44,720.09
22,360.03
22,360.03

21

Twenty-Ninth Annual Report

TWENTY-NINTH ANNUAL REPORT
of

STATEMENTS OF ARKANSAS BANKS
AND TRUST COMPANIES
AS SHOWN BY THE CALL OF JUNE 30, 1943
Cities and Towns. Alphabetically Arranged by Postoffices
Population shown is that given by the 16th census of the United States 1940
COMMERCIAL BANK AT ALMA, ALMA
Population, 774.

Crawford County.

Chartered January 31, 1910.

Transit Number 81-272

Officers
W. E. Byars_______________ President
J. Fred Alexander____ Vice President
Reves L. Bolling_____________ Cashier
Margaret B. Adams____ Asst. Cashier

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

Resources
Loans and discounts_____ $ 46,487.75
U. S. Gov’t obligations___ 113,825.01
Other bonds and securities 49,000.00
Furniture and fixtures___
1.00
Banking house___________
500.00
Other real estate__________
1.00
Cash and due from banks_ 542,570.68

Liabilities
Capital, s to c k ____________$ 25,000.00
Surplus fu n d ___ :________ 10,000.00
Undivided p r o fits ________ 13,375.74
Reserves ________________
237.01
Demand deposits_________ 659,836.54
Time deposits____________
9,379.45
Public fun ds_____________ 34,556.70
Total deposits. .$703,772.69

Total




$752,385.44

Total

$752,385.44

State of Arkansas: Bank Department

22

BANK OF AMITY, AMITY
Population, 608.

Clark County

Chartered, November 30, 1905.

Transit Number 81-287

Officers
G. W. Tolleson___________ President
W. H. Olds____________Vice President
T. L. Matthews------------Vice President
Cleda O lds__________________ Cashier

J. F. Brown
Lyn Maxey
Cleda Olds

Resources
Loans and discounts_____ $ 77,601.07
12.33
Overdrafts ______________
U. S. Gov’t obligations___ 126,394.88
Other bonds and securities 154,270.27
Furniture and fixtures___
1,000.00
Banking house___________
1,000.00
Other real estate--------------1,512.19
Cash and due from banks__ 331,220.76
Other resources__________
364.07

Liabilities
Capital s to ck ____________ $ 35,000.00
Surplus fu n d ____________ 15,000.00
Undivided p r o fits ________
9,513.43
Demand deposits_________ 432,030.63
Time deposits____________ 152,671.64
War loan deposits________ 33,537.50
Public fu n d s_____________ 15,622.37
Total deposits_$633,862.14

T ota l__________________ $693,375.57.

T otal__________________ $693,375.57

Directors
W. H. Olds
G. W. Tolleson

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

Clark County

Chartered September 28, 1903.

Transit Number 81-133

Officers
W. E. Barkman___________ President
J. H. Lookadoo-----------Vice President
A. J. Vestal__________ Vice President
A. P. Greene_________ Vice President
Sec’y-Treasurer
A. C. Stone__________________ Cashier
C. C. Lookadoo________ Asst. Cashier
Miss Lillian Hearin____ Asst. Cashier

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

Resources
Loans and discounts____ $
Loans on commodities__
Overdrafts_____________
U. S. Gov’t obligations__
Other bonds and securities
Furniture and fixtures__
Banking h ou se_________
Other real estate________
Cash and due from banks
Other resources________

Liabilities
Capital stock ___________ $ 100, 000.00
Surplus fu n d ___________
20 , 000.00
Undivided p rofits_______
23,202.75
Demand deposits_______ 846,616.04
Time deposits__________ 401,821.80
Public fu n d s ___________
131,888.56
Total dep___ $1,380,326.40

Total



309,440.50
12,500.00
25.80
283,700.00
125,203.01
3,790.48
6,000.00
2,033.62
780,697.09
138.65

$1,523,529.15

Total

$1,523,529.15

23

Twenty-Ninth Annual Report

MERCHANTS AND PLANTERS BANK AND TRUST
COMPANY, ARKADELPHIA
Population, 5,078.
Chartered June 15, 1911.

Clark County
Transit Number 81-469

Officers
H. T. Ross------------------------ President
H. A. Daugherty—V. Pres, and Cashier
H. G. Elms----------------Vice President
Lottie W atson..______ Asst. Cashier
Catherine Condray_____ Asst. Cashier
Martha Moores______ Asst. Secretary

Directors
John H. Crawford E. N. McElhannon
H. A. Daugherty D. W. McMillan
H. G. Elms
H. T. Ross
Roy F. Golden
Ralph M. Williams
James H. Hobgood

Resources
Loans and discounts_____ $305,518.80
Loans on commodities_______ 3,400.00
Overdrafts ______________
1,290.66
U. S. Gov’t obligations___ 229,909.75
Other bonds and securities 91,510.81
4,209.90
Furniture and fixtures___
Banking house___________ 13,000.00
Other real estate_________
4,200.00
Cash and due from banks__ 233,619.14
203.48
Other resources__________

Liabilities
Capital stock *___________ $100,000.00
Surplus fu n d ____________ 10,000.00
Undivided p r o fits ________ 22,098.31
Reserves ________________ 31,963.36
Demand deposits_________ 506,252.96
Time deposits____________ 72,839.65
War loan deposits------------ 61,397.30
Public fun ds_____________ 82,310.96
Total deposits.-$722,800.87

T otal__________________ $886,862.54

T otal__________________ $886,862.54

* First preferred stock with par value of $30,000.00 ; Second preferred stock with par value of
$20,000.00, and common stock with par value o f $50,000.00.

BANK OF ASH FLAT, ASH FLAT
Population, 315.

Sharp County

Chartered February 20, 1912.

Transit Number 81-499

Officers
Odus Carpenter_____
President
J. M. Causbie_________ Vice President
Willene B raw ley_____
Cashier

Directors
Willene Brawley Horace Martin
Odus Carpenter
V. McJunkins
J. M. Causbie

Resources
Loans and discounts______$ 32,609.06
Loans on commodities____ 58,000.00
Overdrafts ______________
12.42
Other bonds and securities
4,237.41
Furniture and fixtures___
150.00
Banking house___________
1,700.00
Other real estate_________
2,242.94
Cash and due from banks_ 170,505.03

Liabilities
Capital s to ck ____________ $ 10,000.00
Surplus fu n d -----------------6,000.00
Undivided p r o fits ________
7,442.33
Demand deposits_________ 230,994.10
Time deposits____________
4,065.98
Public fu n d s_____________ 10,954.45
Total deposits.-$246,014.53

Total




$269,456.86

Total

$269,456.86

24

State of Arkansas: Bank Department

BANK OF ATKINS, ATKINS
Population, 1,322.

Pope County

Chartered September 19, 1895.

Transit Number 81-215

Officers
J. M. Barker_______________ President
J. M. Barker, Jr______ Vice President
C. A. Barker________________ Cashier

C. A. Barker
J. M. Barker

Resources
Loans and discounts______$ 47,436.80
Overdrafts ______________
22.30
U. S. Gov’t obligations___ 216,700.00
Other bonds and securities
2,030.00
1,262.83
Furniture and fixtures___
Banking house___________
3,313.91
Other real estate_________
2,802.00
Cash and due from banks._ 244,473.53
1.00
Other resources__________

Liabilities
Capital sto ck * ___________ $ 50,000.00
Surplus fu n d ____________
4,000:00
Undivided p ro fits ________ 10,284.02
Demand deposits_________ 394,697.82
Time deposits____________
4,931.00
War loan deposits________ 35,162.50
Public fun ds_____________ 18,967.03
Total deposits_$453,758.35

T ota l__________________ $518,042.37

T ota l__________________ $518,042.37

Directors
J. M. Barker, Jr.

* First preferred stock with par value o f $24,500.00; Second preferred stock with par value of
$12,500 and common stock with par value o f $13,000.00.

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

Woodruff County

Chartered February 20, 1935.

Transit Number 81-718

Officers
J. H. Snapp________________ President
W. M. Sale___ Executive V. President
W. B. Conner___ V. Pres, and Cashier
O. T. Beasley______ Assistant Cashier

Directors
George L. Beard
W. M. Sale
W. B. Conner
J. H. Snapp
R. E. Gregory
C. R. Stacy

Resources
Loans and discounts_____ $113,852.96
Loans on commodities____
9,868.50
U. S. Gov’t obligations----- 242,600.00
Other bonds and securities 94,649.50
Furniture and fixtures___
1,525.00
Banking house___________
3,150.00
Cash and due from banks— 292,006.41

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
9,060.37
Undivided p ro fits ________
Demand deposits_________ 621,198.91
Public fun ds_____________ 76,698.26
Total deposits__$697,897.17
Other liabilities__________

Total




$757,652.37

Total

694.83
$757,652.37

Twenty-Ninth Annual Report

25

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

White County-

Chartered January 22, 1931.
Officers
W. B. Hammond___________ President
J. W. Brown---------------- Vice President
E. D. Williams----------------------- Cashier
Mildred N. Hall-------------Asst. Cashier

Transit Number 81-673
J. W. Brown
W. B. Hamond
Jennings Leggett

H. A. Whitley
E. D. Williams

Resources
Loans and discounts______$ 11,861.66
U. S. Gov’t obligations___ 168,097.94
Other bonds and securities 11,991.45
200.00
Furniture and fixtures___
Banking house___________
1,000.00
Cash and due from banks_ 587,238.06

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p ro fits ________
1,941.57
Demand deposits_________ 684,051.85
War loan deposits_________ 24,150.00
Public fun ds_____________ 40,245.69
Total deposits--$748,447.54

T o ta l----------------------------$780,389.11

T otal__________________ $780,389.11

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

Independence County

Chartered March 30, 1910.

Transit Number 81-116

Directors
Officers
C. W. Barnett______________ President C. W. Barnett
H. M. Kennerly
C. W. Wasson________ Vice President
I. N. Barnett
C. W. Wasson
H. M. Kennerly______________ Cashier C. F. Cole
Ben Jernigan-----------------------------Asst.Cashier
C. T. Jones-------------------------------- Asst.Cashier
H. W. Fox-------------------------------- Asst.Cashier
Resources
Loans and discounts____ $ 234,515.72
164,175.26
Loans on commodities___
U. S. Gov’t obligations__
835,448.74
Other bonds and securities
93,050.72
Furniture and fixtures__
1.00
Cash and due from banks 1,299,906.74

Liabilities
Capital stock*__________$ 60,000.00
Surplus fu n d ___________
12,000.00
Undivided p rofits_______
21,218.93
Reserves_______________
26,000.00
Demand deposits_______ 2,066,247.82
Time deposits__________
48,675.87
Public fu n d s ___________
160,083.60
Deposits of banks_______ 232,871.96
Total d e p ._ „$2,507,879.25

T o t a l________________ $2,627,098.18

T o ta l________________ $2,627,098.18

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




26

State oft Arkansas: Bank Department

CITIZENS BANK, BEEBE
Population, 1,189.
Chartered June 21, 1917.
Officers
E. H. Abington
President
J. R. Sloan
Vice President
T. E. Abington .
-Cashier
Resources
Loans and discounts
_$ 32,711.19
6.04
Overdrafts
U. S. Gov’t obligations__ _ 11,350.00
Other bonds and securities
3,040.53
1.00
Furniture and fixtures__
1.00
Banking house _
4.00
Other real estate _
Cash and due from banks. _ 491,540.76
Total

-$538,654.52

White County
Transit Number 81-588
C. C. Abington
E. H. Abington
T. E. Abington
T. S. Dabney

Directors
H. M. Dodds
J. R. Sloan
John P. Williams

Liabilities
Capital stock
$ 25,000.00
5,000.00
Surplus fund
Undivided profits _ _
6,403.56
_ __
11,302.97
Reserves
_
_ 466,594.60
Demand deposits
100.00
Time deposits
24,253.39
Public funds
Total deposits_$490,947.99
Total

$538,654.52

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

Yell County
Transit Number 81-294

Officers
J. C. Woodson____________ President
Mrs. J. C. Woodson___ Vice President
R. A. White-------------------------- Cashier

Directors
Carl Woodson, Jr. Mrs. J. C. Woodson
J. C. Woodson

Resources
Loans and discounts_____ $ 12,939.94
U. S. Gov’t obligations___ 82,400.00
Other bonds and securities
1,401.91
Furniture and fixtures___
359.20
Cash and due from banks_ 76,696.82

Liabilities
Capital s to ck ____________ $ 10,000.00
Surplus f u n d ____________ 10,000.00
Undivided p ro fits ________
2,240.19
Demand deposits_________ 134,106.24
Public fun ds_____________ 17,451.44
Total deposits--$151,557.68

Total




$173,797.87

Total

$173,797.87

27

Twenty-Ninth Annual Report

BENTON STATE BANK, BENTON
Population, 3,502.

Saline County

Chartered February 9, 1934.

Transit Number 81-711

Officers
W. R. Alsobrook___________ President
G. B. Shafer_________ Vice President
W. A. Springer______________ Cashier
Berneice Thomas_______Asst. Cashier

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

Resources
Loans and discounts____ $ 139,270.62
983,996.87
U. S. Gov’t obligations__
Other bonds and securities 101,096.11
Furniture and fixtures__
2,824.58
Banking h ou se_________
4,027.95
Cash and due from banks 1,026,165.14

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fu n d ___________
30,000.00
Undivided p rofits_______
12,642.63
Demand deposits_______ 1,654,464.16
Time deposits__________
207,030.85
Public fu n d s ___________
293,882.41
Deposits of banks_______
34,361.22
Total dep___ $2,189,738.64

T o ta l________________ $2,257,381.27

T o ta l________________ $2,257,381.27

BANK OF BENTONVILLE, BENTONVILLE
Population, 2,359.

Benton County

Chartered February 25, 1931.
Officers
Ross M a rtin ______________President
Vol T. Lindsey________Vice President
Fred D ouglas_______________ Cashier
Resources
Loans and discounts____ !
U. S. Gov’t obligations. _
Other bonds and securities
Furniture and fixtures_
Banking h o u se _________
Cash and due from banks

Total




108,368.30
509,825.00
52,331.00
1,635.00
5,000.00
581,390.69

$1,258,549.99

Transit Number 81-701

Gordon Knott
Vol T. Lindsey
Ross Martin

Directors
Vern Rife
McCloud Sicard
Sam Stevinson

Liabilities
Capital stock ___________ I
Surplus fu n d ___________
Undivided p rofits_______
Demand deposits_______
Time deposits__________
War loan deposits_____
Public fu n d s ___________
Total dep___ $1,193,978.06
Total

30,000.00
22,500.00
12,071.93
868,157.24
90,016.09
63,645.20
172,159.53

$1,258,549.99

28

State of Arkansas: Bank Department

BANK OF BLEVINS, BLEVINS
Population, 331.

Hempstead County

Chartered August 12, 1912.

Transit Number 81-518

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

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

Resources
Loans and discounts______$ 28,700.92
U. S. Gov’t obligations___ 70,700.00
Other bonds and securities 14,280.00
Furniture and fixtures___
100.00
Banking house___________
1,200.00
182.00
Other real estate_________
Cash and due from banks_ 138,479.06

Liabilities
Capital sto ck *___________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________
9,837.23
R eserves________________
6,500.00
Demand deposits_________ 156,048.51
Time deposits____________ 11,752.00
War loan deposits_________ 28,961.64
Public fu n d s_____________ 10,495.10
Total deposits—$207,257.25
Other liabilities__________

T otal__________________ $253,641.98
*

47.50

T ota l__________________ $253,641.98

First preferred stock with par value of $6,500.00 and common stock with par value of $18,500.00.

FARMERS BANK AND TRUST COMPANY, BLYTHEVILLE
Population, 10,652.
Chartered March 16, 1908.

Mississippi County
Transit Number 81-105

Officers
B. A. Lynch----------------------- Preside.it
I. R. Johnson_________Vice President
F. E. Warren________________ Cashier
R. L. Banister_________ Asst. Cashier
Riley B. Jones_________ Asst. Cashier

Directors
J. L. Cherry
C. A. Richards
C. A. Cunningham
B. S. Simmons
I. R. Johnson
F. E. Warren
B. A. Lynch

Resources
Loans and discounts____ $ 543,260.96
850,356.60
Loans on commodities__
Overdrafts_____________
159.36
U. S. Gov’t obligations__
515,400.00
Other bonds and securities
85,532.00
Furniture and fixtures__
600.00
Banking h ou se_________
77,666.00
Cash and due from banks 3,048,166.56
Other resources________
27,578.45

Liabilities
Capital stock___________ $ 150,000.00
Surplus fu n d ___________
150,000.00
Undivided p rofits_______
93,198.22
Demand deposits_______ 3,804,972.41
Time deposits__________
535,105.00
Public fu n d s ___________
250,312.21
Due to banks___________
137,554.64
Total dep.___$4,727,944.26

Total




$5,148,719.93

Other liabilities________
Total

27,577.45
$5,148,719.93

Twenty-Ninth Annual Report

29

CITIZENS BANK, BOONEVILLE
Population, 2,324.
Chartered April 18, 1910.
Officers
Mattie Edwards___________ President
W. W. Parker________ Vice President
Long John Williams__________ Cashier
Charles X. Williams____Asst. Cashier

Logan County
Transit Number 81-195
Directors
Geo. R. Edwards Abe Williams
J. K. Edwards
Charles X. Williams
Mattie Edwards
Long John Williams
W. W. Parker

Resources
Liabilities
Loans and discounts______$223,672.55 Capital stock * -----------------$ 50,000.00
Loans on commodities_______________ 42,800.00
Surplus fu n d ------------------ 12,000.00
Overdrafts ______________
950.77 Undivided p r o fits ------------ 14,315.35
U. S. Gov't obligations___ 167,000.00 R eserves____ ___________
3,000.00
Other bonds and securities
1,962.62 Demand deposits_________ 779,936.47
1.00 Time deposits____________
Furniture and fixtures___
9,542.40
Banking h ou se__________’
1.00 Public fu n d s_____________ 49,775.07
Other real estate_________
3.00 Total deposits—$839,253.94
Cash and due from banks_ 482,178.35
T otal__________________ $918,569.29

T otal__________________ $918,569.29

* First preferred stock with par value o f $3,000.00 and common stock with par value o f $47,000.00.

THE BANK OF BRADLEY, BRADLEY
Population, 409.
Chartered April 10, 1933.
Officers
J. B. Edwards_____________ President
Margaret R. Meek____ Vice President
J. W. Meek__________________ Cashier
J. W. Meek, Jr_________ Asst. Cashier
Resources
Loans and discounts______i
Loans on commodities____
O verdrafts______________
U. S. Gov’t obligations___
Other bonds and securities
Furniture and fixtures___
Banking house___________
Other real estate------------Cash and due from banks_
Total




50,350.76
79.500.00
73.12
35.600.00
22 , 000.00

900.00

1, 000.00

Lafayette County
Transit Number 81-513
J. B. Edwards
L. B. Hamner
W. A. McGee

Directors
J. W. Meek
Margaret R. Meek

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
7,500.00
Undivided p ro fits ________
6,276.62
Demand deposits_________ 148,066.31
Public fun ds_____________ 46,425.40
Total deposits_$194,491.71

5.00
43,839.45
$233,268.33

Total

$233,268.33

30

State ofi Arkansas: Bank Department

BANK OF BRINKLEY, BRINKLEY
Population, 3,409.

Monroe County

Chartered January 17, 1903.

Transit Number 81-191

Officers
Andrew F lo ra _____________President
Frank Andrews---------- Vice President
John F. Cole_________________ Cashier
Robert Moore__________Asst. Cashier

Directors
Frank Andrews
A. Rusher
A. Flora
W. W. Sharp
E. D. McKnight

Resources
Loans and discounts____ $
Loans on commodities__
U. S. Gov’t obligations__
Other bonds and securities
Furniture and fixtures__
Banking h ou se_________
Other real estate________
Cash and due from banks
Other resources________

Liabilities
Capital stock ___________ $ 50.000. 00
Surplus fu n d ___________
25.000. 00
Undivided p rofits_______
14,494.42
Demand deposits_______ 867,103.43
Time deposits__________ 232,360.96
Public fu n d s ___________
102,672.81
Total dep___ $1,202,137.20

Total

106,836.69
102,706.95
317,500.00
143,472.66
3,000.00
14,000.00
2.00
603,598.90
514.42

$1,291,631.62

Total

$1,291,631.62

BANK OF CABOT, CABOT
Population, 741.
Chartered March 23, 1903.

Lonoke County
Transit Number 81-304

Officers
Jake W. Lowman-------------- President
Fred B. Garlington___ Vice President
J. M. Park__________________ Cashier
Mrs. Jewel Leggett____ Asst. Cashier
Mrs. Sue W. Park_____ Asst. Cashier

Directors
J. C. Alexander
J. E. Gregory
O. H. Davis
Jake W. Lowmar
Fred B. Garlington
J. M. Park

Resources
Loans and discounts--------- $116,176.80
Loans on commodities------- 246,561.10
69.86
Overdrafts --------------------86,700.00
U. S. Gov’t obligationsOther bonds and securities 64,957.97
1.00
Furniture and fixtures----1.00
Banking house------- --------Cash and due from banks-_ 379,374.23

Liabilities
Capital s to ck ____________ $ 30,000.00
Surplus fu n d ____________ 25,000.00
Undivided p r o fits ________ 15,805.21
Demand deposits_________ 724,129.67
5,073.73
Time deposits____________
War loan deposits------------ 46,923.75
Public fun ds_____________ 46,909.60
Total deposits__$823,036.75

Total




$893,841.96

Total

$893,841.96

31

Twenty-Ninth Annual Report

STATE BANK OF CALICO ROCK, CALICO ROCK
Population, 738.
Chartered May 1, 1914.

Izard County
Transit Number 81-305

Officers
S. E. McNeill______________President
J. T. Garner__________Vice President
E. C. Rodman_______________ Cashier
Roy Perryman_________Asst. Cashier

Directors
Dr. Noel J. Copp
S. E. McNeill
J. T. Garner
E. C. Rodman

Resources
Loans and discounts______$ 48,765.08
9,563.68
Loans on commodities____
Overdrafts ______________
181.90
U. S. Gov’t obligations___ 42,575.00
Other bonds and securities 11,000.00
Furniture and fixtures___
1.00
Banking house___________
1,900.00
Other real estate_________
401.00
Cash and due from banks-_ 517,894.80
Other resources__________
7,360.00

Liabilities
Capital s to ck ------------------ $ 25,000.00
Surplus fu n d ____________
8,000.00
9,904.62
Undivided p ro fits ________
Demand d ep osits________ 584,303.06
Time deposits____________ 10,047.95
Public fun ds----^_________
2,386.83
Total deposits--$596,737.84

T ota l__________________ $639,642.46

T ota l----------------------------$639,642.46

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

Ouachita County
Transit Number 81-96

Officers
C. I. Grayson______________President
H. T. Patton__________Vice President
J. W. Coan__________________ Cashier

Directors
Mike Berg
C. I. Grayson
J. W. Coan
H. T. Patton
E. W. Copeland
W. F. Patton
C. S. Early
John C. Watts

Resources
Loans and discounts____ $ 216,341.30
Overdrafts_____________
4,891.22
U. S. Gov’t obligations__ 1,106,500.00
Other bonds and securities 430,207.41
Furniture and fixtures__
4,000.00
Cash and due from banks 1,641,712.75
Other resources________
1.00

Liabilities
Capital stock ___________ $ 100,000.00
50,000.00
Surplus fu n d ___________
Undivided p rofits_______
17,250.13
Reserves_______________
30,000.00
Demand deposits_______ 2,467,164.90
Time deposits__________
302,359.61
War loan deposits_______ 148,608.93
Public fu n d s ___________
275,887.34
Deposits of banks_______
12,382.77
Total dep___ $3,206,403.55

Total




$3,403,653.68

Total

$3,403,653.68

32

State ofi Arkansas: Bank Department

CITIZENS BANK, CARLISLE
Population, 1,080.

Lonoke County

Chartered December 22, 1930.

Transit Number 81-689

Officers
E. L. Crandall_____________ President
A. H. Hunt____________Vice President
J. L. Woosley________________ Cashier
Miss Mary Burnett------- Asst. Cashier

Directors
A. W. Birdsong
F. E. Downs, Jr,
Dr. E. A. Callahan
J. M. Johnson
E. L. Crandall
E. L. Morris

Resources
Loans and discounts---------$ 39,390.64
U. S. Gov’t obligations___ 490,600.00
Other bonds and securities 10,608.53
1.00
Furniture and fixtures----Banking house----------------2,500.00
Cash and due from banks— 367,616.10
Other resources--------------135.88

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d ____________ 10,000.00
Undivided p ro fits ________ 13,942.02
Demand deposits_________ 813,695.56
Public fu n d s_____________ 48,214.57
Total deposits_$861,910.13

T ota l__________________ $910,852.15

T ota l__________________ $910,852.15'

BANK OF CAVE CITY, CAVE CITY
Population, 427.
Chartered July 2, 1906.

Sharp County
Transit Number 81-310

Officers
Eagle S treet______________ President
Mrs. J. M. Street______Vice President
J. L. Lewsaw________________ Cashier
Frank Whitmire_______ Asst. Cashier

Directors
J. A. Carpenter
Eagle Street
J. L. Lewsaw
Mrs. J. M. Street

Resources
Loans and discounts---------$ 55,261.42
29.77
Overdrafts ______________
U. S. Gov’t obligations----- 150,000.00
Other bonds and securities
3,253.83
Furniture and fixtures----100.00
Banking house----------------1,000.00
Cash and due from banks— 119,160.04

Liabilities
Capital stock *___________ $ 10,000.00
Surplus fund------------------5,000.00
Undivided p ro fits ________
3,300.97
Demand deposits_________ 297,833.47
Public fu n d s_____________ 12,670.62
Total deposits--$310,504.09

T ota l__________________ $328,805.06

T otal__________________ $328,805.06

* First preferred stock with par value of $5,000 and common stock with par value o f $5,000.00




33

Twenty-Ninth Annual Report

AMERICAN STATE BANK, CHARLESTON
Population, 958.

Franklin County

Chartered June 29, 1910.
Officers
C, H. Hiatt-------------------------President
B. H. McDonald_______Vice President
Clyde H ia tt_________________ Cashier
H. E. Shumate__________Asst. Cashier

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

B. H. McDonald
McLoud Sicard
S. B. Stevinson

Resources
Loans and discounts_____ $128,173.40
Loans on commodities____
21,600.00
Overdrafts ______________
19.83
U. S. Gov’t obligations___ 200,150.00
Other bonds and securities 39,499.44
Furniture and fixtures___
1.00
Banking house,___________
3,500.00
Cash and due from banks__ 307,819.60
Other resources__________
1.00

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
Undivided p ro fits ________ 10,776.22
R eserves________________
1,000.00
Demand deposits_________ 538,711.94
Time deposits___________ 48,148.00
Public fu n d s_____________ 52,128.11
Total deposits_$638,988.05

T ota l__________________ $700,764.27

T otal__________________ $700,764.27

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

Cross County
Transit Number 81-313

Officers
R. Eli Halk________________ President
W. M. Smith__________Vice President
J. Kelly Maddox_____________ Cashier

R. Eli Halk
H. P. Maddox

Resources
Loans and Discounts---------$ 70,612.23
U. S. Gov’t obligations----- 46,896.00
Furniture and fixtures___
1.00
Banking house___________
800.00
Cash and due from banks— 222,457.90

Liabilities
Capital s to c k ____________ $ 10,000.00
Surplus fu n d ____________ 15,000.00
Undivided p r o fits ________
2,649.85
Demand deposits ________ 249,403.08
Public fu n d s_____________ 63,714.20
Total deposits_$313,117.28

Total__________________ $340,767.13

Total__________________ $340,767.13




D ir p o t o r fij

J. Kelly Maddox
W. M. Smith

34

State of Arkansas: Bank Department

BANK OF CHIDESTER, CHIDESTER
Population, 508.
Chartered April 29, 1909.
W.
C.
T.
W.

G.
B.
H.
C.

Officers
Rushing-------------------- President
Clingan_______ Vice President
Benton------------ Vice President
Stinnett----------------------- Cashier

Resources
Loans and discounts_____ $ 23,940.93
Overdrafts ______________
239.70
U. S. Gov’t obligations____ 91,875.00
Other bonds and securities 16,546.46
Furniture and fixtures____
300.00
Banking house __________
900.00
Other real estate____
2.00
Cash and due from banks__ 122,003.97
Other resources_____
40.76
Total____________ $255,848.82

Ouachita County
Transit Number 81-314
T. H.Benton
C. B. Clingan
Mollie Purifoy
W. G.Rushing

Directors
W. C. Stinnett
Beulah Taylor
J. T.Walker

Liabilities
Capital s to ck ____________ $ 10,000.00
Surplus fu n d ____________
4,000.00
Undivided p r o fits ________
1,900.14
Demand deposits ________ 209,530.33
Time d eposits___________
9,355.00
War loan deposits------------ 13,911.25
Public fun ds________, ____
7,152.10
Total deposits--$239,948.68
Total_________________ $255,848.22

THE MERCHANTS AND PLANTERS BANK. CLARENDON
Population, 2,551.
Chartered July 23, 1890.

Monroe County
Transit Number 81-164

Officers
H. B. Bateman_____________ President
W. H. Brown__Vice Pres, and Cashier
J. H. Calhoun__________Asst. Cashier

Directors
H. B. Bateman
Mrs. E. J. Bondi
Miss Helen Bateman W. H. Brown
Mrs. J. T. Bateman

Resources
Loans and discounts---------$ 37,761.46
Loans on commodities----400.00
Overdrafts ______________
187.39
U. S. Gov’t obligations___ 201,150.00
Other bonds & securities-- 26,088.86
Furniture and fixtures___
1,000.00
Banking house --------------7,000.00
Other real estate------------807.37
Cash and due from banks-- 401,699.26

Liabilities
Capital sto ck *___________ $ 50,000.00
Surplus fu n d ____________ 10,000.00
8,433.61
Undivided profits _______
Reserves ________________
3,400.00
Demand deposits ________ 487,733.89
Time deposits ___________ 57,305.21
Public fu n d s_____________ 59,221.63
Total deposits_$604,260.73

Total_________________ $676,094.34

Total________________ $676,094.34

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




Twenty-Ninth Annual Report

35

THE CORNING BANK, CORNING
Population, 1,619.
Chartered January 29, 1931.
Officers
Joseph Sellmeyer__Chairman of Board
E. Vandover_______________President
Mrs. F. B. Sprague___ Vice President
G. A. Lamb-------------------------- Cashier

Transit Number 81-211
L. G. Black
W. M. Fowler
M. G. Hoffman
G. A. Lamb
H. N. Ratcliffe

Resources
Loans and discounts____ $ 449,141.51
Loans on commodities__
6.300.00
U. S. Gov’t obligations. _
87,900.00
Other bonds and securities
25,087.08
Furniture and fixtures__
1.00
Banking h ou se_________
7.500.00
Cash and due from banks 456,608.96

Total

Clay County

$1,032,538.55

Directors
Joseph Sellmeyer
Mrs. F. B. Sprague
S. Talkington
E. Vandover

Liabilities
Capital s t o c k __________$ 25.000. 00
Surplus fund __________
25.000. 00
Undivided p r o fit s ______
14,415.91
Reserves _______________
10. 000. 00
Demand deposits_______ 725,716.33
Time deposits__________
115,506.14
Public fu n d s ___________
116,900.17
Total dep___ $ 958,122.64
Total.

$1,032,538.55

BANK OF CROSSETT, CROSSETT
Population, 4,891.
December 22, 1913.
Officers
E. C. Crossett____________ President
P. F. Watzek__________Vice President
G. H. Norman_______________ Cashier
Roy Dooley____________ Asst. Cashier
Resources
Loans and discounts___ $ 155,106.22
49.36
Overdrafts _ __________
U. S. Gov’t obligations. _ 755.492.93
68,236.25
Other bonds and securities
3,387.45
Furniture and fixtures__
804.92
Other real estate_______
Cash and due from banks 645.893.93
7.00
Other resources ------------

Ashley County

Transit Number 81-321
E. C. Crossett
Roy Dooley
G. H. Norman

Directors
Wm. C. Norman
P. F. Watzek

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus fund __________
25,000.00
Undivided p r o fits ______
27,802.56
Demand deposits_______ 1,185,526.03
Time deposits__________
297,319.38
Public fu n d s ___________
36,841.41
Total dep___ $1,519,686.82
Other liabilities________

Total________________ $1,628,978.06




6,488.68

Total________________ $1,628,978.06

36

State o f Arkansas: Bank Department

DANVILLE STATE BANK, DANVILLE
Population, 1,010.

Yell County

Chartered October 3, 1930.

Transit Number 81-700

Officers
J. E. Chambers-------------------President
Neil Sims------------------- Vice President
Jim Bill Gatlin______________ Cashier
J. F. Nunn------------------ Asst. Cashier

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

Resources
Loans and discounts_____ $ 15,569.89
Loans on commodities___ 28,600.00
U. S. Gov’t obligations___ 150,893.91
Other bonds and securities 28,559.39
1.00
Furniture and fixtures___
Banking house___________
1.00
Cash and due from banks__ 170,427.18

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fu n d ____________
9,000.00
Undivided p r o fits ________
4,646.56
Reserves ________________
2,000.00
Demand deposits_________ 284,571.28
Public funds ____________ 68,834.53
Total deposits -$353,405.81

Total________________ $394,052.37

Total________________ $394,052.37

BANK OF DARDANELLE, DARDANELLE
Population, 1,807.

Yell County

Chartered September 12, 1934.
Officers
Thos. V. Jones_____________ President
A. S. McCray------------- Vice President
Odell I. Moudy_______________ Cashier
Evelyn Jones__________ Asst. Cashier
Geraldine Waid_______ Asst. Cashier
Resources
Loans and discounts_____ $ 75,796.36
Loans on commodities____
64,250.07
U. S. Gov’t obligations___ 25,000.00
Other bonds and securities
2,347.23
Furniture and fixtures___
1.00
Cash and due from banks— 273,348.26
Other resources--------------1.00
T o ta l___________________ $440,743.92




Transit Number 81-599

C. R. George
Garrett Jones

Directors
Thos. V. Jones
A. S. McCray

Liabilities
Capital stock
____ $ 25,000.00
Surplus fund
_____
5,000.00
Undivided profits _
8,903.43
__
364,449.59
Demand deposits
Time deposits
_____
362.19
Public funds
____
37,028:71
Total deposits.-$401,840.49
Total _______

______ $440,743.92

37

Twenty-Ninth Annual Report

BANK OF DELIGHT, DELIGHT
Population, 481.
Chartered June 16, 1911.

Pike County
Transit Number 81-326

Officers
C. E. Johnson______________ President
Frank Reid-----------------Vice President
D. C. Humphry----------------------Cashier
Miss Evorie Kirkham_Asst. Cashier

Directors
D. C. Humphry
C. E. Reid
C. E. Johnson
Frank Reid
J. M. May

Resources
Loans and discounts______$ 19,572.26
Loans on commodities____
300.00
Overdrafts ______________
153.91
U. S. Gov’t obligations___ 124,100.00
Other bonds and securities
500.00
100.00
Furniture and fixtures___
Banking house___________
100.00
Other real estate_________
4.00
Cash and due from banks_ 156,849.27

Liabilities
Capital stock *___________ $ 22,500.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________
863.40
Reserves ________________
1,250.00
Demand deposits__ ______ 244,312.07
Time deposits____________ 17,060.09
Public fu n d s_____________ 10,693.88
Total deposits--$272,066.04

T ota l__________________ $301,679.44

T ota l__________________ $301,679.44

* First preferred stock with par value o f $5,000.00 and common stock with par value of $17,500.00.

DERMOTT STATE BANK, DERMOTT
Population, 3,083.
Chartered July 8, 1935.
Officers
John Baxter________President
G. C. Johnston— V. Pres, and Cashier
Clarence Horton________ Asst. Cashier
Virginia Moseley_______ Asst. Cashier
Resources
Loans and discounts_____1 120,056.66
Loans on commodities__
34,950.88
U. S. Gov’t obligations__
621,352.62
Other bonds and securities
12, 000.00
Furniture and fixtures__
750.00
Banking h ou se _________
1,750.00
Cash and due from banks 512,600.14

Total




$1,303,460.30

Chicot County
Transit Number 81-720
John Baxter
G. C. Johnston

Directors
W. E. Lephiew

Liabilities
Capital stock ___________1
Surplus fu n d ___________
Undivided p rofits_______
Reserves ______________
Demand deposits_______
Time deposits__________
War loan deposits_______
Public fu n d s ___________
Total dep___ $1,229,302.56
Total

25.000. 00
25.000. 00
22,157.74
2 , 000.00

734.157.77
165.248.77
176,314.04
153,581.98

$1,303,460.30

38

State o f Arkansas: Bank Department

FARMERS AND MERCHANTS BANK, DES ARC
Population, 1,410.
Chartered January 20, 1902.

Prairie County
Transit Number 81-233

Officers
A. L. Erwin----------------President
L. R. Brown____ V. Pres, and Cashier
N. R. Kirkwood________ Asst. Cashier

A. L. Erwin
Henry Nichols

Resources
Loans and discounts______$ 47,862.91
Loans on commodities____
51,706.44
U. S. Gov’t obligations___ 33,400.00
Other bonds and securities
6,155.97
Furniture and fixtures___
1.00
Banking hou se___________
1.00
Other real estate___ _____
1.00
Cash and due from banks__ 286,663.85

Liabilities
Capital stock ^ __________$ 25,000.00
Surplus fu n d ____________
7,000.00
Undivided p ro fits ________
5,993.93
Reserves ________________ 17,161.01
Demand deposits__________ 301,311.28
Time deposits____________ 29,680.14
Public fun ds_____________ 39,645.81
Total deposits--$370,637.23

T otal__________________ $425,792.17

T otal__________________ $425,792.17

Directors
L. R. Brown

DeWITT BANK AND TRUST COMPANY, DeWITT
Population, 2,498. Arkansas County
Chartered March 1, 1929. Transit Number 81-245
Officers
W. F. Shallhorn____________ President
R. H. Maddox___ V. Pres, and Cashier
J. Brown--------------------- Asst. Cashier

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

Resources
Loans and discounts____ $ 256,316.97
U. S. Gov’t obligations__
251,300.00
Other bonds and securities 101,033.75
Furniture and fixtures___
1.00
Banking h ou se _________
7,000.00
Other real estate________
1.00
Cash and due from banks 1,432,376.69
Other resources________
1.00

Liabilities
Capital stock ___________ $ 50,000.00
Surplus fu n d ___________
50,000.00
37,266.30
Undivided p rofits_______
Demand deposits_______ 1,574,637.03
Time deposits__________
113,395.67
War loan deposits_______ 111,659.45
Public fu n d s ___________
111,071.96
Total dep.___$1,910.764.11

Total




$2,048,030.41

D lT A P t n T C

Total

W. F. Shallhorn
C. L. Whitmore

$2,048,030.41

Twenty-Ninth Annual Report

39

BANK OF DIERKS, DIERKS
Population, 1,459. Howard County
Chartered February 7, 1906. Transit Number 81-328
Officers
Lewis M. Layer____________ President
T. F. Westbrook-_V. Pres, and Cashier
Mrs. Opal Simmington__Asst. Cashier

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

Resources
Loans and discounts_____ $ 34,346.42
Overdrafts ______________
26.28
U. S. Gov’t obligations___ 50,000.00
Furniture and fixtures__ _
1,200.00
Banking house___________
2,400.00
Other real estate_________
1,440.00
Cash and due from banks__ 198,005.86

Liabilities
Capital sto ck * ___________ $ 25,000.00
Undivided p ro fits ________
3,885.09
Demand deposits_________ 232,373.83
Time deposits____________ 26,159.64
Total deposits__$258,533.47

T ota l__________________ $287,418.56

T otal__________________ $287,418.56

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

BANK OF DOVER, DOVER
Population, 493. Pope County
Chartered September 29, 1905. Transit Number 81-329
Officers
John E. Moore_____________President
James M. Wait________Vice President
Mrs. James M. Llewellyn____ Cashier
Jimmy Poynter_________Asst. Cashier

Directors
Dr. W. J. Brown'Mrs. J. M. Llewellyn
T. C. Campbell
S. F. McCain
L. J. Churchill
John E. Moore
Leonard Hurley James M. Wait
J. M. Llewellyn

Resources
Loans and Discounts______$ 51,616.45
Overdrafts ______________
5.20
U. S. Gov’t obligations___ 68,400.00
Other bonds and securities
1,126.92
Furniture and fixtures___
500.00
Banking house___________
4,500.00
Cash and due from banks_ 113,344.97

Liabilities
Capital stock *___________ $ 27,500.00
Surplus fu n d ____________
3,000.00
Undivided p ro fits ________
3,339.98
R eserves________________
881.75
Demand deposits_________ 179,801.92
Time deposits____________
338.48
Public fun ds_____________ 24,631.41
Total deposits--$204,771.81

T otal__________________ $239,493.54

T otal__________________ $239,493.54

• First preferred stock with par value of $9,250.00 and common stock with par value of $18,250.00.




State of Arkansas: Bank Department

40

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

Desha County
Transit Number 81-330

Officers
Ray Maxwell______________President
Walton H. Rice___ Executive V. Pres.
Edgar C. Gannaway__________ Cashier

Directors
J. E. Allmon
R. A. Pickens
R. F. Cox
D. O. Porter
0. L. Puryear
Chas. Dante
Walton H. Rice
Ray Maxwell
Joe Lee McKennon Lamar Williamson

Resources
Loans and discounts____ $
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures__
Banking h ou se_________
Cash and due from banks
Other resources________

Liabilities
Capital stock ___________ $ 50.000. 00
Surplus fu n d ___________
25.000. 00
Undivided p rofits_______
30,628.69
Reserves _______________
2 , 000.00
Demand deposits_______ 620,400.98
Time deposits__________
233,597.32
War loan deposits_______
6,393.75
Public fu n d s ___________
133,133.15
Deposits of banks_______
1, 000.00
Total dep___ $ 994,525.20

129,799.53
224,600.00
163,847.20
3,517.61
7,460.00
569,801.12
3,128.43

$1,102,153.89

Total

Total

$1,102,153.89

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

Union County
Transit Number 81-668

Officers
Louis E. Hurley___________ President
C. N. Barton__________Vice President
D. R. James__________ Vice President
H. B. Axum_________________ Cashier
V. E. Lawton_________ Asst. Cashier

Directors
C. N. Barton
D. R. James
T. H. Barton
R. E. Meinert
John H. Ellis
Chas. H. Proetz
Louis E.Hurley
H. D. Reynolds

Resources
Loans and discounts____ $ 266,169.50
U. S. Gov’t obligations_ 1,732,898.70
Other bonds and securities
105,594.78
Furniture and fixtures__
1.00
Cash and due from banks 1,786,044.32

Liabilities
Capital stock___________ $ 100,000.00
Surplus fu n d ___________
25,000.00
Undivided p r o f it s ______
27,311.44
Demand deposits________ 3,311,501.80
Time deposits__________
118,253.05
War loan deposits_______ 150,584.60
Public fu n d s ____ ______
141,000.00
Deposits of banks---------17,057.41
Total dep___ $3,738,396.86

Total




$3,890,708.30

Total

$3,890,708.30

Twenty-Ninth Annual Report

41

BANK OF ELKINS, ELKINS
Population, 350.

Washington County-

Chartered June 1, 1912.

Transit Number 81-506

Officers
Roe Stokenbury___________President
Clyde West-----------------Vice President
J. E. Bunch__________________ Cashier
Oscar West____________ Asst. Cashier

Directors
J. E. Bunch
Roe Stokenbury
J. C. Reed
Clyde West
J. P. Stokenbury

Resources
Loans and discounts______$ 62,967.85
U. S. Gov’t obligations___ 225,700.00
Furniture and fixtures___
579.00
Banking house___________
438.00
Other real estate_________
269.00
Cash and due from banks_179,710.16

Liabilities
Capital s to ck * ___________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________
2,286.84
R eserves________________
1,000.00
Demand deposits_________ 273,693.66
Time deposits____________ 87,208.69
War loan deposits________ 59,177.83
Public fu n d s_____________ 16,296.99
Total deposits_$436,377.17

T otal__________________ $469,664.01

T otal__________________ $469,664.01

* First preferred stock with par value o f $9,000.00 and common stock with par value of $16,000.00.

BANK OF ENGLAND, ENGLAND
Population, 2,027.
Chartered August 23, 1898.

Lonoke County
Transit Number 81-213

Officers
E. A. CarlLee__----------------President
E. G. Lyon__________ Vice President
C. E. Hankins___ V. Pres, and Cashier
G. C. Tuley------------------ Asst. Cashier
Ben Stillwell___________Asst. Cashier

Directors
E. A. CarlLee
C. Layton Merritt
C. E. Hankins
B. F. Murchison
D. P. Mashburn, Jr.

Resources
Loans and discounts______$179,769.76
Loans on commodities_____ 48,416.66
U. S. Gov’t obligations___ 156,125.50
Other bonds and securities
6,460.16
Furniture and fixtures___
850.00
Banking house___________
7,000.00
Other real estate_________
1.00
Cash and due from banks_ 229,537.42
Other resources__________
1.00

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus f u n d ____________ 35,000.00
Undivided p r o fits ________ 19,776.56
Demand deposits_________ 473,589.08
Time deposits____________
9,633.93
Public fun ds_____________ 55,393.49
Deposits of banks_________
9,768.44
Total deposits_$548,384.94

Total




$628,161.50

Total

$628,161.50

42

State of Arkansas: Bank Department

THE CITIZENS BANK, ENGLAND
Population, 2,027.

Lonoke County

Chartered January 14, 1931.

Transit Number 81-492

Officers
Ben B. Morris_____________President
W. G. Cunning______ Vice President
Lois Rutherford_____________ Cashier
J. O. DuPree___________Asst. Cashier

W. G. Cunning
Ben B. Morris

Resources
Loans and discounts_$110,823.24
Loans on commodities_ 83,597.44
Overdrafts ______________
142.04
U. S. Gov’t obligations_ 292,300.00
Other bonds and securities
211.95
584.86
Furniture and fixtures___
Banking house______
7,750.00
Other real estate____
7.00
Cash and due from banks__ 255,083.98
Other resources_____
1.00

Liabilities
Capital s to ck ____________$ 30,000.00
Surplus fu n d ____________ 15,000.00
Undivided p r o fits ________ 14,447.85
R eserves________________
4,494.56
Demand deposits_________ 522,984.38
Time deposits____________
2,756.18
War loan deposits________ 82,845.98
Public fu n d s_____________ 77,972.56
Total deposits_$686,559.10

Total

Directors
Lois Rutherford
J. E. Swaim

Total

$750,501.51

$750,501.51

THE EUDORA BANK, EUDORA
Population, 1,808.

Chicot County

Chartered December 23, 1930.

Transit Number 81-334

Officers
W. W. Grubbs____________ President
C. B. Bowman_________Vice President
Sam Bowman_______________ Cashier
Mrs. Marion McDuffie__Asst. Cashier

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

Resources
Loans and discounts_____ $ 79,394.43
Loans on commodities____
8,491.85
U. S. Gov’t obligations___ 202,700.00
Other bonds and securities *83,175.58
Furniture and fixtures___
1.00
Banking house___________
6,500.00
Cash and due from banks-_ 487,586.59

Liabilities
Capital s to ck ____________ $ 50,000.00
Surplus fu n d ____________ 10,000.00
Undivided p ro fits ________ 21,064.01
Reserves ________________
5,000.00
Demand deposits_________ 617,722.72
Time deposits_____________ 110,105.73
Public fu n d s_____________ 44,963.24
Deposits of banks_________
8,993.75
Total deposits__$781,785.44

Total




$867,849.45

Total

$867,849.45

43

Twenty-Ninth Annual Report

BANK OF EUREKA SPRINGS, EUREKA SPRINGS
Population, 1,770.
Chartered May 4, 1912.

Carroll County
Transit Number 81-472

Officers
C. A. Fuller----------------------- President
Ray Freeman_________Vice President
D. Simpson_________________ Cashier

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

Resources
Loans and discounts______$ 45,401.88
Overdrafts ______________
227.39
U. S. Gov’t obligations___ 160,568.66
Other bonds and securities 33,233.15
Furniture and fixtures___
2,500.00
Other real estate_________
1,750.00
Cash and due from banks__ 276,626.95

Liabilities
Capital sto ck * ___________ $ 30,000.00
Surplus fu n d ____________
7,500.00
Undivided p r o fits ________
3,090.34
Demand deposits_________ 323,361.47
Time deposits____________ 96,081.43
Public fun ds_____________ 60,274.79
Total deposits_$479,717.69

T otal__________________ $520,308.03

T otal__________________ $520,308.03

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

* First preferred stock with par value o f $5,000.00 and common stock with par value of $25,000.00.

BANK OF EVENING SHADE, EVENING SHADE
Population, 347.
Chartered February 5, 1901.
Officers
J. 0. Laman_______________ President
Otto Cathey___________ Vice President
E. B. Metcalf_______________ Cashier
J. B. Metcalf__________ Asst. Cashier
Resources
Loans and discounts______$ 20,226.72
U. S. Gov’t obligations___ 125,000.00
Other bonds and securities
259.91
Furniture and fixtures___
50.00
Banking house___________
250.00
Cash and due from banks._ 153,542.29

Sharp County
Transit Number 81-336
D ir p fto r s i

Otto Cathey
J. M. Causbie
J. O. Laman

E. B. Metcalf
O. S. Westmoreland

Liabilities
Capital s to c k ____________ $ 10,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________
1,785.39
Demand deposits_________ 229,362.17
Time deposits____________
5,337.92
Public fu n d s_____________ 47,728.94
Total deposits_$282,429.03
Other liabilities__________

Total




$299,328.92

Total

114.50
$299,328.92

44

State of Arkansas: Bank Department

McILROY BANK AND TRUST COMPANY, FAYETTEVILLE
Population, 8,212.

Washington County

Chartered December 24, 1892.
Officers
R. D. Bogart------ Chairman of Board
Hayden M cllroy---------------- President
James H. Kays------------Vice President
J. B. McConnell______________ Cashier
J. T. Bain_____________ Asst. Cashier
Powers L. Fowler_____ Asst. Cashier

Transit Number 81-87

Directors
R. D. Bogart
Hayden Mcllroy
Mrs. Annie McIlroyGilbert C. Swanson
Johnson
Herbert L. Thomas
James H. Kays
Clifton Wade
J. B. McConnell
Marion Wasson

Liabilities
Resources
Loans and discounts___ .$ 631,514.20 Capital stock _____ __ .$ 50,000.00
Overdrafts____________
474.32 Surplus fund
__ _ .. 100,000.00
U. S. Gov’t obligations_. 601,650.00 Undivided profits _
12,234.10
Other bonds and securitie 3 372,448.57 Reserves _
____
. 100,000.00
Furniture and fixtures_
__ . 1,688,317.74
8,521.84 Demand deposits
Banking h ou se________
19,994.40 Time deposits _ ___ .. 518,899.21
Other real estate______
10.00 War loan deposits
92,515.76
Cash and due from banksi 1,444,016.26& Public funds
__ _____ . 500,822.10
2,352.00 Deposits of banks
Other resources ___
18,192.68
Total dep.___$2,818,747.49
!■' li
.$3,080,981.59

Total

.$3,080,981.59

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

Dallas County
Transit Number 81-127

Officers
L. L. Trussed____________ President
C. F. Sturgis________ Vice President
E. C. Benton___ V. Pres, and Cashier
Mrs. M. S. Smith______ Asst. Cashier

Directors
Edwin Anthony
W. D. Stell, Jr.
E. C. Benton
C. F. Sturgis
H. B. Benton
L. L. Trussed
H. E. Dedman
S. A. Willi!
B. A. Mayhew

Resources
Loans and discounts___ $
Overdrafts_____ :._______
U. S. Gov’t obligations-Other bonds and securities
Furniture and fixtures__
Banking h ou se _________
Cash and due from banks

Liabilities
Capital stock___________ ! 1 50,000.00
Surplus fu n d ___________
50,000.00
Undivided p rofits_______
12,155.24
Reserves ______________
1,317.15
Demand deposits_______ 1,095,709.06
Time deposits__________
290,141.53
War loan deposits_______
92,730.48
Public fu n d s ___________
80,974.51
Deposits of banks_______
6,647.80
Total dep___ $1,566,203.38

Total




112,567.40
10.90
649,295.70
236,738.49
2,250.00
8,250.00
670,563.28

$1,679,675.77

Total

$1,679,675.77

45

Twenty-Ninth Annual Report

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

St. Francis County
Transit Number 81-143

Chartered April 15, 1921.
Officers
E. B. Belshe---------Chairman of Board
S. J. Dean-------------------------- President
J. B. Fletcher_____ Executive V. Pres.
C. T. Doss---------------- Vice President
C. N. Haven_________________ Cashier
R. C. Hobson___________ Asst. Cashier
Dione Kennedy_________ Asst. Cashier
C. C. Aycock___________ Asst. Cashier
Resources
Loans and discounts___ $
Loans on commodities__
Overdrafts_____________
U. S. Gov’t obligations__
Other bonds and securities
Furniture and fixtures__
Banking h ou se_________
Cash and due from banks
Other resources________

Total

697,221.97
237,399.07
760.46
564,853.13
61,976.72
5,800.00
17,400.00
904,316.19
5,704.37

E. B. Belshe
R. E. Carroll
S. J. Dean
C. T. Doss
J. B. Fletcher
C. C. Fogg

Directors
H. W. Gregory
C. N. Haven
L. F. Haven, Sr.
J. D. McGregor
Sam Sharpe
Jas. F. Wolfe

Liabilities
Capital stock ___________ : i 70,000.00
Surplus fu n d ___________
50,000.00
Undivided p rofits_______
10,712.75
Reserves ______________
793.11
Demand deposits_______ 1,526,445.95
Time deposits__________
286,692.36
War loan deposits_______
150,748.64
Public fu n d s ___________
209,447.98
Deposits of banks_______ 190,591.12
Total dep.___$2,363,926.05
Total

$2,495,431.91

$2,495,431.91

ARKANSAS VALLEY TRUST COMPANY, FORT SMITH
(Not engaged in commercial banking)
Population, 36,584.

Sebastian County

Chartered February 12, 1906.

Transit Number 81-571

Officers
Frank W. Youmans________ President
Byron Williams---------- Vice President
Mrs. Walter T. Gosman__Sec’y-Treas.
Miss Evangel Tatum_Asst. Secretary
and Treasurer

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

Resources
Loans and discounts______$220,192.12
Other bonds and securities
6,843.33
Furniture and fixtures___ 10,658.02
Banking house___________ 38,764.07
Other real estate_________
5,207.22
Cash and due from banks— 34,947.07
Other resources--------------- 32,500.00

Liabilities
Capital s to ck ____________ $150,000.00
Surplus fu n d ____________ 25,650.00
Undivided p r o fits ________ 33,685.61
R eserves________________ 15,850.65
Other liabilities__________ 123,925.57

Total




$349,111.83

Total

$349,111.83

46

State of Arkansas: Bank Department

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

Izard County
Transit Number 81-338

Officers
W. A. Gaston---------------------President
W. L. Gaston--------------- Vice President
R. M. Standerford____________ Cashier
Mrs. Estelle Gaston----- Asst. Cashier

Directors
J. S. Box
Mrs. Sallie M. Simpson
W. A. Gaston R. M. Standerford
W. L. Gaston

Resources
Loans and discounts
_$
Loans on commodities
Overdrafts
U. S. Gov’t obligations__ _
Other bonds and securities
Furniture and fixtures__
Banking house
Cash and due from banks. _

Liabilities
Capital stock
_ _ $ 10,000.00
Surplus fund
,
2,500.00
Undivided profits
303.34
Demand deposits
92,072.67
Public funds
6,193.59
Total deposits_$ 98,266.26

24,064.58
21,837.50
81.72
5,900.00
1,255.15
1.00
1.00
57,928.65

$111,069.60

Total

Total

...

_ _

$111,069.60

BANK OF GLENWOOD, GLENWOOD
Population, 854.

Pike County

Chartered December 72, 1912*

Transit Number 81-343

Officers
John G olden______________ President
J. L. Pinkerton________Vice President
Rufus B. Paslay_____________ Cashier
Doris Hutchins_________Asst. Cashier

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

Resources
Loans and discounts-$110,475.34
Overdrafts ______________
18.86
U. S. Gov’t obligations_ 46,700.00
Other bonds and securities
4,448.91
Furniture and fixtures-----850.00
Banking house______
1,100.00
Other real estate-----2.00
Cash and due from banks._ 226,590.42

Liabilities
Capital stock *___________ $ 25,000.00
7,500.00
Surplus fu n d ____________
Undivided p r o fits -----------4,741.11
Reserves ________________
3,045.00
Demand deposits-------------- 283,253.04
Time deposits____________ 54,066.59
Public fun ds_____________ 12,579.79
Total deposits_$349,899.42

T ota l__________________ $390,185.53

T ota l__________________ $390,185.53

* First preferred stock with par value o f $7,500.00 and common stock with par value of $17,500.00.




Twenty-Ninth Annual Report

47

BANK OF GRAVETT, GRAVETTE
Population, 865.

Benton County

Chartered February 28, 1898.

Transit Number 81-269

Officers
J. T. Edmondson___________ President
Philo Rodgers_________Vice President
Tom Cawood________________ Cashier
Uther Kindley_________ Asst. Cashier

Directors
Stokes Ballard
C. E. McAllister
Tom Cawood
Allen McAllister
J. T. Edmondson
Philo Rodgers
J. T. Edmondson, Jr.

Resources
Loans and discounts_____ $ 84,366.80
Overdrafts ______________
1,094.86
U. S. Gov’t obligations___ 178,700.00
Other bonds and securities
6,024.20
1,400.00
Furniture and fixtures___
Banking house___________
2,300.00
Cash and due from banks__ 299,643.79

Liabilities
Capital s to ck ------------------ $ 25,000.00
Surplus fu n d -----------------7,500.00
Undivided p ro fits ________
6,855.25
R eserves------------------------3,432.00
Demand deposits_________ 444,961.00
Time deposits____________ 83,101.75
Public fu n d s-------------------2,679.65
Total deposits.-$530,742.40

T otal__________________ $573,529.65

T otal----------------------------$573,529.65

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

Sebastian County
Transit Number 81-226

Officers
W. N. Wilkinson___________President
Dr. B. L. Ware________Vice President
Means Wilkinson____________ Cashier
Alice Holland__________Asst. Cashier

Directors
Mrs. W. Lee Been Chas. E. Osborn
Miss Alice Holland B. L. Ware
Ruel Holland
Means Wilkinson
J. L. Johnson
W. N. Wilkinson
I. M. McClendon

Resources
Lo^ns and discounts---------$194,175.64
75.00
Overdrafts ______________
U. S. Gov’t obligations___ 130,050.00
Other bonds and securities 90,609.08
Furniture and fixtures----1.00
Banking house----------------1.00
Other real estate------------1.00
Cash and due from banks. _ 424,378.44

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
Undivided p r o fits ________ 10,480.35
Demand deposits_________ 506,726.21
Time deposits___________ 170,444.04
Public funds_____________ 101,640.56
Total deposits_$778,810.81

Total




$839,291.16

Total

$839,291.16

48

State of Arkansas: Bank Department

THE FIRST BANK, GRIFFITHVILLE
Population, 244.

White County

Chartered November 6, 1905.

Transit Number 81-347

Officers
James A. Neaville, Sr______President
A, H. Hudgins----------Vice President
Ralph Neaville______________ Cashier

Directors
Claudia L. Grissom James A. Neaville,
A. H. Hudgins
N. B. Smith

Resources
Loans and discounts_____ $ 17,437.92
Loans on commodities___
900.00
U. S. Gov’t obligations___ 10,000.00
Furniture and fixtures___
500.00
Banking house___________
1,800.00
Other real estate_________
1.00
Cash and due from banks— 124,236.25

Liabilities
Capital stock *___________ $ 8,500.00
Surplus fu n d ____________
1,500.00
Undivided p r o fits ________
1,108.62
R eserves________________
443.74
Demand deposits_________ 132,684.35
Time deposits___________
638.46
Public fu n d s_____________ 10,000.00
Total deposits--$143,322.81

T otal__________________ $154,875.17

T otal__________________ $154,875.17

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

CLARK COUNTY BANK, GURDON
Population, 2,045.
Chartered August 4, 1900.

Clark County
Transit Number 81-349

Officers
F. H. Rudolph____________ President
J. E. McMillan______ Vice President
W. Roy Abbott----------------------Cashier
Mrs. Lewelyn Edwards—Asst. Cashier

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

Resources
Loans and discounts_____ $ 82,956.39
Overdrafts ______________
82.00
U. S. Gov’t obligations___ 107,900.00
Other bonds and securities 51,920.00
Furniture and fixtures----1,214.00
Other real estate_________
1.00
Cash and due from banks— 126,649.76

Liabilities
Capital s to ck ____________ $ 25,000.00
7,500.00
Surplus fu n d -----------------Undivided p ro fits ________
7,184.53
Demand deposits_________ 235,148.77
Time deposits___________ 65,453.13
Public fun ds_____________ 30,436.72
Total deposits_$331,038.62

Total




$370,723.15

Total

$370,723.15

Twenty-Ninth Annual Report

49

FARMERS BANK, HAMBURG
Population, 1,939.
March 10, 1941.

Ashley County

Transit Number 81-181

Officers
Directors
W. E. Foote_______________ President W. E. Foote
Leslie J. Serrett
Leroy Higginbotham B. R. Smith
Frank N. Pugh__________________VicePresident
Murphy Jones
Vaughn Walker
S. A. Wilcoxon________________ VicePresident
S. A. Wilcoxon
Leslie J. Serrett_____________ Cashier Frank N. Pugh
Resources
Loans and discounts--------- $ 25,319.91
U. S. Gov’t obligations___ 481,967.94
Other bonds and securities
7,155.00
Cash and due from banks__ 326,555.31

Total

$840,998.16

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p ro fits ________
6,686.38
Demand deposits_________ 696,243.54
Time deposits____________ .21,066.62
Public funds ____________ 87,001.62
Total deposits__$804,311.78
Total

$840,998.16

CALHOUN COUNTY BANK, HAMPTON
Population, 686.

Calhoun County

Chartered October 26, 1906. Transit Number 81-353
Officers
Directors
B. W. Harrell____________ President John E. Hearnsberger A. B. Garrett
B. W. Harrell
Searcy Harrell-_V. Pres, and Cashier E. C. Johnston
I. C. Strickland
Fay Harrell
Mary Harrell__________Asst. Cashier
Searcy Harrell
Resources
Loans and discounts---------$ 88,208.96
Loans on commodities------- 23,600.00
U. S. Gov’t obligations___ 178,300.00
Other bonds and securities 55,289.16
Furniture and fixtures----1,800.00
Banking house----------------6,000.00
Other real estate------------2.00
Cash and due from banks-- 219,618.32
Total




$572,818.44

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________ 11,000.57
Demand deposits_________ 362,144.11
Time deposits___________ 37,991.49
War loan deposits________ 66,781.50
Public fu n d s_____________ 64,900.77
Total deposits_$531,817.87
Total

$572,818.44

State of. Arkansas: Bank Department

50

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

Poinsett County

Chartered December 2, 1930.

Transit Number 81-693

Officers
T. T. Mardis----------------------- President
John Gant____________Vice President
Wm. S. Martin______________ Cashier
H. Frayser____________Asst. Cashier

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

Resources
Loans and discounts_____ $ 49,634.33
Loans on commodities___
4,980.16
U. S. Gov’t obligations___ 134,900.00
Other bonds and securities
23.68
681.80
Furniture and fixtures----Other real estate_________
1.00
Cash and due from banks__ 289,642.70

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d ____________
7,500.00
Undivided p r o fits ________
1,646.76
Demand deposits_________ 413,692.20
Public fun ds_____________ 32,024.71
Total deposits__$445,716.91

T otal__________________ $479,863.67

T otal__________________ $479,863.67

THE SECURITY BANK, HARRISON
Population, 4,238.

Boone County

Chartered November 20, 1931.

Transit Number 81-704

Officers
L. A. Watkins_____________ President
T. C. Heuer------------- Vice President
C. C. Alexander-_V. Pres, and Cashier
E. R. Tims------------------ Asst. Cashier

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

Resources
Loans and discounts____ ! ; 367,710.16
Overdrafts _____________
238.32
U. S. Gov’t obligations_ 620,100.00
Other bonds and securities
69,592.02
Furniture and fixtures._
1.00
Banking house ________
1.00
1.00
Other real estate________
Cash and due from banks 1,651,383.26

Liabilities
Capital s t o c k __________ $ 60,000.00
Surplus fund __________
75,000.00
Undivided p r o fit s ______
14,749.51
Demand deposits ______ 2,146,553.90
Time deposits__________
243,866.59
Public funds __________
150,968.45
Deposits of banks_______
17,888.31
Total dep___ $2,559,277.25

Total________________ $2,709,026.76

Total________________ $2,709,026.76




Twenty-Ninth Annual Report

51

BANK OF HAVANA, HAVANA
Population, 449.

Yell County

Chartered December 20, 1933.

Transit Number 81-357

Officers
J. E. Mitchell---------------- >__ President
A. M. Mitchell________Vice President
Winfred H op p er____________ Cashier
Ella B. Mitchell___________Secretary

Directors
A. M. Mitchell
J. E. Mitchell
Ella B. Mitchell

Resources
Loans and discounts______$
Loans on commodities___
Overdrafts _ ____________
TJ. S. Gov’t obligations___
Other bonds and securitiesFurniture and fixtures___
Banking house___________
Cash and due from banks__
Other resou rces_________

Liabilities
Capital stock* __________$ 25,000.00
Surplus fu n d ____________
5,000.00
Reserves ________________
2,334.23
Demand d eposits________ 95,406.97
Public funds ____________
5,317.17
Total deposits -$100,724.14

5,791.53
28,400.00
340.19
52,877.09
15,139.69
392.00
912.00
28,266.58
939.29

Total_________________ $133,058.37

Total_________________ $133,058.37

* First preferred stock with par value of $13,800.00 and common stock with par value of $11,200.00.

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

Cleburne County

Chartered December 16, 1930.
Officers
O. B. Robbins_____________ President
Louis S tecker________Vice President
E. C. Sherlock_Vice Pres, and Cashier

Transit Number 81-175

W. L. Deal
O. C. Dickson
W. R. Griffin
L. E. Robbins
0. B. Robbins

Directors
Opie Rogers
S. B. Russell
E. C. Sherlock
Louis Stecker

Resources
Loans and discounts___ $ 196,483.65
Loans on commodities__
118,200.00
46,100.00
U. S. Gov’t obligations-20,164.12
Other bonds and securities
1,700.00
Furniture and fixtures_
7,000.00
Banking h ou se_________
Cash and due from banks- 741,361.29

Liabilities
Capital stock __________$ 30,000.00
Surplus fund __________
8 , 000.00
Undivided p r o fit s ______
15,355.45
Demand deposits_______ 935,049.96
Time deposits__________
66,008.74
Public fu n d s ___________
76,594.91
Total dep___ $1,077,653.61

T o t a l..______________$1,131,009.06

Total________________ $1,131,009.06




52

State of Arkansas: Bank Department

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

Phillips County

Ccahtered February 9, 1910.
M. R.
Dewey
H. E.
H. H.

Officers
Ready-----------------------President
M oore------------Vice President
Jones----------------------- Secretary
White---------------------- Treasurer

Transit Number 81-64

R. T. Doughtie
S. H. Hurst
Dewey Moore
E. C. Nelson

Directors
M. R. Ready
H. G. Stephens
Jos. P. Swift

Resources
Loans and discounts______$ 39,534.34
U. S. Gov't obligations___
5,300.00
Other bonds and securities.
3,500.00
1,500.00
Furniture and fixtures___
Other real estate_________
2.00
Cash and due from banks_ 47,573.77
Other resources_________
4,311.13

Liabilities
Capital s to ck ____________ $ 50,000.00
Surplus f u n d ____________
7,500.00
Undivided p ro fits ________
7,236.28
Reserves ________________
204.68
Other liabilities _________ 36,780.28

Total_________________ $101,721.24

Total_________________ $101,721.24

V A LLE Y BANK, HINDSVILLE

Population, 262.

Madison County

Chartered November 18, 1907.

Transit Number 81-362

Officers
Tom H argis---------Chairman of Board
H. L. Mayfield-------- President
C. F. Fitch---------------- Vice President
Wm. B. Bunch______________ Cashier
Lloyd A. Linebarger___ Asst. Cashier
James R. Hargis_______ Asst. Cashier

Wm. B. Bunch
C. F. Fitch
Adry Gaskill
Tom Hargis

Resources
Loans and discounts_____ $ 37,221.35
U. S. Gov’t obligations___ 75,000.00
Other bonds and securities.
9,000.00
Furniture and fixtures___
250.00
Banking house __________
1,030.00
Other real estate_________
1.00
Cash and due from banks.. 60,806.92

Liabilities
__$
Capital stock
__
Surplus fund
__
Undivided profits
Reserves
__
Demand deposits
__
Time deposits
__
Public funds
Total deposits. .$157,852,.85

Total_________________ $183,309.27




Total

Directors
Lloyd A. Linebarger
H. L. Mayfield
J. N. Phillips

10,000.00
10,000.00
2,956.42
2,500.00
96,422.30
58,301.18
3,129.37

...$183,309.27

Twenty-Ninth Annual Report

53

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

Monroe County
Transit Number 81-275

Officers
M. P. Walls________________ President
J. I. Matthews________Vice President
Taylor Claiborne____________ Cashier
Mary Patterson______ Asst. Cashier

Directors
B. J. Lambert
P. C. Mayo
J. I. Matthews
O. M. Washington
J. W. Mayo
M. P. Walls

Resources
Loans and discounts______$ 77,132.90
Loans on commodities_____
8,893.00
Overdrafts _ ____________
479.77
U. S. Gov’t obligations___ 142,800.00
Other bonds and securities- 107,320.00
Furniture and fixtures___
1.00
Banking house __________
3,000.00
Other real estate_________
3.00
Cash and due from banks._ 157,557.53

Liabilities
Capital s to ck ____________ $ 30,000.00
Surplus fu n d ____________ 25,000.00
Undivided p ro fits ________
6,048.79
Demand deposits_________ 308,336.30
Time d eposits___________ 43,011.83
Public fu n d s_____________ 84,790.28
Total deposits -$436,138.41

Total.________________ $497,187.20

Total_________________ $497,187.20

HORATIO STATE BANK, HORATIO
Population, 809.
Chartered May 15, 1905.

Sevier County
Transit Number 81-342

Officers
C. E. Hendrix_____________President
F. R. Ethridge---------- Vice President
Mazie G allaher_____________ Cashier
Lilia S. Hendrix___________ Secretary

Directors
O. T. Brinkley
Mrs. A. G. Jacobson
F. R. Ethridge
L. O. Shull
C. E. Hendrix

Resources
Loans and discounts_____ $ 83,663.05
Loans on commodities____
20,800.00
Overdrafts ______________
58.64
U. S. Gov’t obligations___ 103,200.00
Other bonds and securities3,987.57
Furniture and fixtures___
1,000.00
Other real estate_________
2.00
Cash and due from banks_ 109,900.02
Other resources__________
203.70

Liabilities
Capital s to ck ____________ $ 15,000.00
Surplus fu n d ____________
5,000.00
1,316.39
Undivided p ro fits ________
Reserves ________________
2,500.00
Demand deposits_________ 240,062.45
Time deposits ___________ 28,333.83
War loan deposits________
9,311.17
Public fu n d s_____________ 21,291.14
Total deposits -$298,998.59

Total




$322,814.98

Total

$322,814.98

54

State of Arkansas: Bank Department

ARKANSAS TRUST COMPANY, HOT SPRINGS
Population, 21,370.
Chartered April 18, 1907.

Garland County
Transit Number 81-51

Officers
D. B urgauer----------------------President
G. H. Sexton-------------Vice President
E. M. Thrash, Jr--------- Vice President
D. Jackson_Vice Pres, and Cashier
F. L. Thompson_______ Asst. Cashier
F. A. Housley------------- Asst. Cashier
Norton Meek, Jr_______ Asst. Cashier

D. Burgauer
C. J. Horner
D . Jackson
C. E. Miles
G.H. Sexton

Resources
Loans and discounts___ $ 458,138.75
Overdrafts_____________
115.03
U. S. Gov’t obligations_ 2,282,143.58
Other bonds and securities 452,080.58
Furniture and fixtures-_
17,064.25
Banking h ou se_________
50,000.00
Other real estate_______
3,920.00
Cash and due from banks. 2,670,263.61
Other resources________
2,715.81

Liabilities
Capital s t o c k __________ $ 200,000.00
Surplus f u n d __________
130,000.00
Undivided p r o fit s ______ 141,197.58
Reserves _ ____________
32,420.65
Demand deposits________ 4,118,131.12
Time deposits__________
575,769.04
War loan deposits______ 339,151.42
Public fu n d s ___________
399,771.80
Total deposits$5,432,823.38

Total_______________ $5,936,441.61

Total_______________ $5,936,441.61

Directors
F. L. Thompson
E. M. Thrash, Jr.
W. W. Wilson
E. F. Woodcock

NEWTON COUNTY BANK, JASPER
Population, 412.
Chartered March 24, 1903.
Officers
W. W. Moore______________ President
W. J. Pruitt__________Vice President
S. L. Nance_________________ Cashier
Resources
Loans and discounts______$ 35,869.12
Overdrafts ______________
52.36
U. S. Gov’t obligations___ 61,900.00
Other bonds and securities.
1,155.91
Furniture and fixtures___
250.00
Banking house___________
1,200.00
Cash and due from banks_ 242,333.90

Total_________________ $342,761.29

Newton County
Transit Number 81-371
J. W. Moore
O. A. Moore
W. W. Moore

Directors
S. L. Nance
W. J. Pruitt

Liabilities
Capital stock*
. $ 25,000.00
Surplus fund
_
3,200.00
Undivided profits _______
3,091.90
Reserves
100.00
Demand deposits_
___ 270,576.46
Time deposits
___ _
2,400.00
Public funds
38,392.93
Total deposits .$311,369.39
Total

_

_ ...

$342,761.29

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




Twenty-Ninth Annual Report

55

CITIZENS BANK OF JONESBORO, JONESBORO
Population, 11,729.
Chartered July 25, 1919.

Craighead County
Transit Number 81-613

Officers
M. L. McKinney___________ President
S. V. McKinney______ Vice President
J. E. McKee_________ Vice President
C. V. McKinney____________ Cashier
Gerald M cG hee__ ____Asst. Cashier

Directors
C. V. McKinney
S. V. McKinney
M. L. McKinney

Resources
Loans and discounts___ $ 677,863.28
Loans on commodities__
424,288.40
Overdrafts _ __________
41.47
U. S. Gov’t obligations-- 1,507,851.88
Other bonds and securities
638.72
Furniture and fixtures..
1.00
Cash and due from banks. 1,115,407.78

Liabilities
Capital s t o c k __________$ 100,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s ______
23,007.93
Demand deposits_______ 1,928,787.18
Time deposits__________
823,364.81
War loan deposits______ 199,202.90
Public fu n d s ___________
568,607.39
Deposits of banks_______
33,122.32
Total deposits$3,553,084.60

Total_______________ $3,726,092.53

Total_______________ $3,726,092.53

MERCANTILE BANK, JONESBORO
Population, 11,729.
Chartered January 7, 1932.
Officers
Alex. B e rg e r___ Chairman
and
Chas. D. Frierson------- Vice
G. G. Smith-------------- Vice
Nathan Deutsch_____ Vice
R.

of Board
President
President
President
Pres, and
Cashier
W. Higginbotham__ Asst. Cashier

Resources
Loans and discounts___ $ 509,411.78
Loans on commodities__
190,641.17
U. S. Gov’t obligations. _ 1,684,111.94
Other bonds and securities 202,940.44
Furniture and fixtures._
6,400.00
Banking h ou se_________
11,400.00
Cash and due from banks. 805,537.56

Total




$3,410,442.89

Craighead County
Transit Number 81-72
Directors
Alex. Berger
Chas. D. Frierson
Nathan Deutsch
G. G. Smith

Liabilities
Capital stock __________$ 150,000.00
Surplus fund __________
50,000.00
Undivided p r o fit s ______
60,662.80
Demand deposits_______ 1,977,387.80
Time deposits__________
680,449.85
War loan deposits______ 190,527.83
Public fu n d s ___________
270,429.66
Deposits of banks._____
30,984.95
Total deposits$3,149,780.09
Total

$3,410,442.89

State of Arkansas: Bank Department

56

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

White County
Transit Number 81-549

Officers
Dr. W. H. L. Woodyard___ President
J. H. Graves_________ Vice President
John A. Henson______ Vice President
P. E. Bauer_________________ Cashier
R. C. Willcox__________Asst. Cashier

Directors
Dr. W. R. Felts O. C. Waller
J. H. Graves
Roy E. Waller
John A. Henson Dr. W.H. L. Woodyard
J. C. Rhew
Edgar Wright

Resources
Loans and discounts______$ 28,317.38
U. S. Gov’t obligations___ 164,000.00
Other bonds and securities.
1,641.00
Furniture and fixtures___
1.00
Banking house___________
2,500.00
Cash and due from banks._ 367,504.27

Liabilities
Capital stock
. $ 17,500.00
Surplus fund
17,500.00
Undivided profits
11,494.20
Demand deposits
469.032.70
23,857.18
Time deposits
_ __ .
Public funds
24,579.57
Total deposits .$517,469 .45

Total_________________ $563,963.65

Total

..$563,963.65

UNION STATE BANK, JUNCTION CITY
Population, 797.

Chartered August 28, 1933.
Officers
I. A. Brinker_____________ President
H. M. Kinard------------Vice President
P. E. Murphy..Vice Pres, and Cashier
H. E. Kinard_________Asst. Cashier
Resources
Loans and discounts______$ 43,128.52
U. S. Gov’t obligations___ 174,782.50
Other bonds and securities.
9,873.28
800.00
Furniture and fixtures___
Banking house___________
4,500.00
Other real estate_________
1.00
Cash and due from banks. _ 280,616.87

Total




$513,702.17

Union County

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

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

Liabilities
Capital s to ck ___________ •_$ 25,000.00
Surplus fu n d ____________ 10,000.00
4,117.14
Undivided p r o fits ________
Reserves ________________
1,851.50
Demand deposits_________ 371,227.86
Time deposits ___________ 40,501.49
War loan deposits________ 43,580.77
Public fun ds_____________ 17,423.41
Total deposits .$472,733.53
Total

$513,702.17

57

Twenty-Ninth Annual Report

BANK OF KENSETT, KENSETT
Population, 827.

White County

Chartered February 17, 1922. Transit Number 81-649
Officers
A P. Mills------------------------- President
John H. Johnston____ Vice President
Mrs. Thelma Roth___________ Cashier
Miss Dorothy Pryor___ Asst. Cashier

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

Resources
Loans and discounts______$ 8,252.93
Overdrafts_______________
2.68
U. S. Gov’t obligations___ 10,000.00
Other bonds and securities249.25
950.00
Furniture and fixtures___
Banking house___________
3,850.00
Other real estate_________
1.00
Cash and due from banks__ 160,660.23
500.00
Other resources__________

Liabilities
Capital s to ck * ___________ $ 17,500.00
Undivided p r o fits ________
3,076.38
Reserves ________________
5.40
Demand deposits_________ 151,027.38
Time deposits___________
3,713.18
Public funds ____________
9,143.75
Total deposits _$163,884.31

Total_________________ $184,466.09

Total_________________ $184,466.09

* First preferred stock with par value of $8,400.00 and common stock with par value o f $9,100.00.

BANK OF KEO, KEO
Population, 253.
Chartered January 13, 1920.
Officers
W. F. Coleman____________ President
A. B. Cobb___________ Vice President
S. C. Cobb---------------- Vice President
J. F. Coffman______________ Cashier
Resources
Loans and discounts______$ 13,976.00
Loans on commodities____
1,700.00
Overdrafts ______________
.10
U. S. Gov’t obligations___ 36,700.00
Other bonds and securities1,000.00
Furniture and fixtures___
1.00
Cash and due from banks__ 66,706.77
Other resources__________
1.00
Total




$120,084.87

Lonoke County
Transit Number 81-631
A. B. Cobb
J. D. Cobb
S. C. Cobb

Directors
J. F. Coffman
W. F. Coleman

Liabilities
Capital s to c k ____________ $ 15,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________
1,346.08
Demand deposits_________ 80,391.42
Time deposits ___________
2,100.00
Public fun ds_____________ 16,247.37
Total deposits _$ 98,738.79
Total

$120,084.87

58

State of Arkansas: Bank Department

BANK OF KINGSTON, KINGSTON
Population, 200.

Madison County

Chartered April 7, 1911.
Officers
A. B. Bunch_______________ President
H. R. McCracken_____ Vice President
Tom H a rgis_________ Vice President
Wilson Bunch_______________ Cashier
Wm. B. Bunch__________Asst. Cashier
Resources
Loans and discounts_____ $
U. S. Gov’t obligations___
Other bonds and securitiesFurniture and fixtures___
Banking house___________
Other real estate_________
Cash and due from banks__

Transit Number 81-467
A. B. Bunch
Wm. B. Bunch
Wilson Bunch

Directors
Tom Hargis
H. R. McCracken

21,545.00
66,300.00
14,000.00
150.00
300.00
2.00
83,029.59

Liabilities
Capital s to ck ____________$ 10,000.00
Surplus fu n d ____________ 10,000.00
393.77
Undivided p ro fits ________
Reserves ________________
1,497.63
Demand deposits_________ 116,875.94
Time deposits___________ 37,559.25
Public fu n d s_____________
9,000.00
Total deposits -$163,435.19

Total—_______________ $185,326.59

Total_________________ $185,326.59

BANK OF LAKE VILLAGE, LAKE VILLAGE
Population, 2,045. Chicot County
Chartered October 14, 1937.

Transit Number 81-598
Directors
James Hammond
W. C. Lovette
R. H. Meyer

Officers
Dr. B. C. Clark____________ President
R. H. Meyer__________Vice President
E. T. Cashion_______________ Cashier
Catherine W o ffo r d ___ Asst. Cashier
James S u itt___________Asst. Cashier

Ben Angel
E. T. Cashion
Dr. B. C. Clark
J. B. Gillison

Resources
Loans and discounts----- $
Loans on commodities—
U. S. Gov’t obligations—
Other bonds and securities
Furniture and fixtures __
Banking h ou se------------Cash and due from banks.

186,769.64
124,195.09
329,870.26
22,050.00
1,500.00
14,000.00
667,151.90

Liabilities
Capital stock ___________ $ 50.000.00
35,000.00
Surplus f u n d __________
Undivided p r o fit s ______
13,786.18
Demand deposits_______ 888,603.85
Time deposits__________
90,147.89
War loan deposits______ 108,808.26
Public fu n d s ___________
159,190.71
Total deposits$l,246,750.71

Total________________ $1,345,536.89

Total________________ $1,345,536.89




59

Twenty-Ninth Annual Report

CITIZENS BANK OF LAVACA, LAVACA
Population, 340.

Sebastian County

Chartered May 5, 1910. Transit Number 81-378
Officers
Sam E. West______________ President
J. S. Coffman_________Vice President
Warren W e s t_______________ Cashier
I. H. Fielder_____________ Secretary

Directors
J. S. Coffman
Warren West
I. H. Fielder
W. D. West, Jr.
Sam E. West

Resources
Loans and discounts______$ 31,072.60
U. S. Gov’t obligations----- 75,728.75
Other bonds and securities. 10,791.89
Furniture and fixtures___
1.00
Banking house___________
1,010.00
Cash and due from banks._ 143,595.36

Liabilities
Capital sto ck * ___________ $ 15,000.00
Surplus fu n d ____________
3,000.00
Undivided p ro fits ________
1,715.95
Reserves ________________
4,169.48
Demand deposits_________ 183,408.06
Time deposits___________ 10,153.96
War loan deposits________ 20,481.00
Public fun ds_____________ 24,271.15
Total deposits .$238,314.17

$262,199.60

Total

$262,199.60

Total

* First preferred stock with par value of $3,000.00 and common stock with par value of $12,000.00.

LITTLE RIVER BANK, LEPANTO
Population, 1,198.

Poinsett County

Chartered November 21, 1919.

Transit Number 81-622

Officers
D. F. Portis----------------------President
B. H. Murphy_________Vice President
A. T. Bell___________________ Cashier
Mrs. R. L. White_____ Asst. Cashier

A. T. Bell
E. P. Burton
Wayne Eason
B. H. Murphy

Resources
Loans and discounts______$161,737.36
Loans on commodities_____ 118,793.54
Overdrafts ______________
450.00
U. S. Gov’t obligations___ 201,200.00
Other bonds and securities.
1,842.50
Furniture and fixtures___
1.00
Cash and due from banks. _ 301,519.20
Other resources__________
219.03

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
Undivided p ro fits ________ 18,473.99
Demand deposits_________ 572,947.86
Time deposits___________ 10,830.27
War loan deposits________ 38,292.14
Public fun ds_____________ 95,218.37
Total deposits .$717,288.64

Total__________________ $785,762.63

Total__________________ $785,762.63




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

60

State of Arkansas: Bank Department

PEOPLES BANK AND LOAN COMPANY, LEWISVILLE
Population, 1,314. LaFayette County
Chartered August 25, 1911.

Transit Number 81-475

Officers
W. D. Stewart------------------- President J. B. Burton
J. B. Burton------------- Vice President P. D. Burton
T. P. LeMay------------ Vice President J. C. Landes
J . C. Landes-------------------------- Cashier
Resources
Loans and discounts_$*50,999.68
Loans on commodities_____
4,000.00
216.14
Overdrafts ______________
U. S. Gov’t obligations_ 296,200.00
Other bonds and securities 93,045.47
Furniture and fixtures____
1,361.50
Banking house______
3,375.00
Other real estate____
3.00
Cash and due from banks__ 305.147.55
Other resources_____
2,408.78
T otal__________________ $756,757.12

Directors
T. P. LeMay
W. D. Stewart

Liabilities
Capital s to c k ____________ $ 30,000.00
Surplus fu n d _____________ 15,000.00
Undivided p r o fits _________ 10,383.33
Demand deposits_________ 473,138.00
Time deposits_____________ 84,956.20
War loan deposits_________ 58,342.39
Public fun ds______________ 84,937.20
Total deposits__$701,373.79

T otal__________________ $756,757.12

BANK OF LINCOLN, LINCOLN
Population, 720. Washington County
Chartered March 19, 1903.

Transit Number 81-384

Officers
W. T. Shannon_____________ President
J. A. English_________ Vice President
B. J. Basden________________ Cashier

Directors
E. W. Baugh
R H. Pitts
J. A. English
W. T. Shannon
Herbert A. Lewis

Resources
Loans and discounts______$ 89,120.52
Loans on commodities____
12,896.82
U. S. Gov’t obligations___ 96,560.00
Other bonds and securities 47,319.12
Furniture and fixtures----360.00
Banking house___________
300.00
Other real estate_________
2.00
Cash and due from banks-_ 163,124.96
Other resources--------------544.11

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p ro fits ________ 10,645.28
Demand deposits_________ 303,642.05
Time deposits___________ 52,211.74
Public fun ds_____________ 13,728.46
Total deposits__$369,582.25

Total




$410,227.53

Total

$410,227.53

61

Twenty-Ninth Annual Report

METROPOLITAN TRUST COMPANY, LITTLE ROCK
(Not engaged in commercial banking)
Population, 88,039. Pulaski County
Chartered June 5, 1925. Transit Number 81Officers
Directors
Justin M atthews__________ President Louise Cole
Justin Matthews, Jr.
Justin Matthews, Jr-----Vice President John P. Matthews Somers Matthews
Somers Matthews_________ Treasurer Justin Matthews
John P. Matthews__________ Secretary
Resources
Loans and discounts______$ 93,530.26
Other bonds and securities 128,442.39
Furniture and fixtures___
5.00
Other real estate_________ 64,962.81
Cash and due from banks-_ 18,329.06
Other resources__________ 269,780.74

Liabilities
Capital s to ck ____________ $250,000.00
Surplus fu n d ____________ 25,000.00
Undivided p ro fits ________ 27,864.08
R eserves________________
3,459.38
Other liabilities__________ 268,726.80

Total__________________ $575,050.26

T otal__________________ $575,050.26

W. B. WORTHEN COMPANY, BANKERS, LITTLE ROCK
Population, 88,039. Pulaski County
Chartered August 4, 1902. Transit Number 81-7
Officers
Directors
Emmet Morris____ Chairman of Board Wm. C. Allsopp
Emmet Morris
James H. Penick___________President W. Robert Crow
J. H. Penick
George G. Worthen___ Vice President L. E. Dishongh
John G. Potts
John G. Potts__________ Vice President G.DeMatt Henderson Booker Worthen
James Keith___________Vice President Alfred Leymer
Geo. G. Worthen
H. M. Crowe___________Vice President
L. E. Dishongh_V. Pres, and Cashier
G. A. Zimmerman_____ Asst. Cashier
Booker Worthen-------------Asst. Cashier
Gardner Lile___________ Asst. Cashier
Dan M. Murphy__ ______Asst. Cashier
E. C. Conner___________ Asst. Cashier
M. L. Hogan____________Asst. Cashier
M. S. Heim_____________Asst. Cashier
Melvin Lawson_________ Asst. Cashier
Resources
Loans and discounts___ $ 3,296,902.86
Loans on commodities-130,789.54
Overdrafts____________
137.22
U. S. Gov’t obligations-- 23,252,956.99
Other bonds and sec’ties 2,923,869.95
Furnituure and fixtures
114,900.00
Banking h ou se________
150,000.00
Other real estate---------11,897.48
Cash and due from banks 13,324,973.75
Other resources---------79,296.20

Liabilities
Capital stock*_________ ! 645,000.00
Surplus fu n d __________
425,000.00
Undivided p rofits______
115,945.54
Reserves _____________
172,638.74
Demand deposits______ 17,006,571.32
Time deposits_________ 6,100,700.39
War loan deposits______ 2,430,136.81
Public fu n d s__________ 6,230,462.61
Deposits of banks______ 10,157,448.88
Total dep. $41,925,320.01
Other liabilities_______

T o ta l_______________ $43,285,723.99

1,819.70

T o ta l_______________ $43,285,723.99
of

* First preferred stock with par value o f $270,000.00 ; Second preferred stock with pah value
$250,000.00 and common stock with par value o f $125,000.00.




62

State of Arkansas: Bank Department

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

Sevier County
Transit Number 81-385

Officers
M. L. Norwood_____________ President
A. P. Boyce___________Vice President
R. C. Norwood_______________ Cashier
Mrs. R. C. Norwood____ Asst. Cashier

Directors
A. P. Boyce
M. L. Norwood
Mary F. Hampson
R. C. Norwood
Hugh Latimer

Resources
Loans and discounts---------$ 29,896.50
U. S. Gov’t obligations___ 31,050.00
Other bonds and securities 12,019.09
Furniture and fixtures___
200.00'
Banking house___________
2,200.00
Cash and due from banks__ 165,839.40

Liabilities
Capital stock *___________ $ 25,000.00
Surplus fu n d ____________
2,800.00
Undivided p ro fits ________
2,631.28
Demand deposits__________ 172,213.60
Time d eposits___________ 22,277.41
Public fu n d s_____________ 16,282.70
Total deposits--$210,773.71

T ota l__________________ $241,204.99

T otal__________________ $241,204.99

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

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

Lonoke County
Transit Number 81-200

Directors
Officers
M. E. Lyons
Chas. A. Miller____________ President H. E. Benton
W. H. Bransford______Vice President W. H. Bransford W. W. McCrary, Jr.
Chas. A. Miller
J. J. Fletcher
J. J. Fletcher____________________VicePresident
Guy E. Williams
Neill F letch er______________ Cashier Neill Fletcher
Arthur Herring------------Asst. Cashier
Resources
Loans and discounts______$ 56,684.96
Loans on commodities___ 25,000.00
U. S. Gov’t obligations___ 99,100.00
Other bonds and securities
6,000.00
1.00
Furniture and fixtures___
Banking house __________
3,000.00
Cash and due from banks_ 653,332.02
Total

.$843,117.98

Liabilities
Capital stock *___________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________ 17,162.89
2,891.10
R eserves________________
Demand deposits_________ 647,000.95
Public fun ds_____________ 146,063.04
Total deposits__$793,063.99
Total

$843,117.98

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




63

Twenty-Ninth Annual Report

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

Columbia County

Chartered September 26, 1906.

Transit Number 81-163

Officers
T. S. Grayson---------------- ---- President
R. S. Warnock, Jr_____ Vice President
J. B. Lee------------------------------- Cashier
H. A. Reid___________ Asst. Cashier

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

Resources
Loans and discounts____ $ 67,464.76
Loans ond commodities_
35,700.00
Overdrafts_____________
75.81
U. S. Gov’t obligations_ 2,127,040.37
Other bonds and securities 311,129.26
Furniture and fixtures__
2,500.00
Banking h ou se_________
14,000.00
Other real estate________
42.00
Cash and due from banks 908,059.91

Liabilities
Capital stock ___________ $ 50,000.00
Surplus fu n d ___________
65,000.00
Undivided p rofits_______
32,788.69
Demand deposits_______ 2,583,715.05
Time deposits__________ 422,457.12
War loan deposits_______ . 139,552.27
Public fu n d s ___________
168,389.51
Deposits of banks_______
4,109.47
Total dep___ $3,318,223.42

Total

$3,466,012.11

Total

$3,466,012.11

BANK OF MALVERN, MALVERN
Population, 5,290.
Chartered June 24, 1889.
Officers
Robert Smith, Jr___ Pres, and Cashier
J. Elmo Young_______ Vice President
R. R. Chamberlain____ Vice President
Dr. W. S. Richardson.-Vice. President
Jester Jones____________ Asst. Cashier
Chas. S. Smith__________Asst. Cashier
Miss Hester Smith______ Asst. Cashier
Foy G. Ritchey_________ Asst. Cashier
Resources
Loans and discounts____ $ 124,850.15
Overdrafts_____________
43.92
U. S. Gov’t obligations---- 1,095,239.61
Other bonds and securities
30,104.67
Furniture and fixtures__
2,984.80
Banking h ou se_________
2,725.00
■Cash and due from banks 811,961.07

Total




$2,067,909.22

Hot Spring County
Transit Number 81-131
Directors

Ray Boyle
Chas. S. Smith
R. R. Chamberlain Robert Smith, Jr.
W. H. Cooper, Jr.
J. Elmo Young
Dr. W. S. Richardson

Liabilities
Capital stock ___________ $ 50,000.00
Surplus fu n d ___________
25,000.00
Undivided p rofits_______
40,953.28
Reserves ______________
23,206.31
Demand deposits_______ 1,711,557.87
Time deposits__________
92,497.90
Public fu n d s ___________
112,690.58
Deposits of banks_______
12,003.28
Total dep.___$1,928,749.63
Total

.$2,067,909.22

64

State of Arkansas: Bank Department

PEOPLES BANK, MAMMOTH SPRING
Population, 666.

Fulton County

Chartered February 8, 1921.
Officers
J. F. Martin_______________ President
Dell Brown___________Vice President
Cloy H. Culver______________ Cashier

Transit Number 81-645
Dell Brown
Cloy H. Culver
J. F. Martin

Directors
J. R. Martin
I. M. Plumlee

Resources
Loans and discounts_____ $ 8,480.73
Overdrafts ______________
333.78
U. S. Gov’t obligations___ 103,750.00
Furniture and fixtures___
175.00
Banking house___________
1,325.00
Cash ond due from banks-_ 273,295.27

Liabilities
Capital s to c k ____________$ 10,000.00
Surplus fu n d ____________
6,000.00
Undivided p ro fits ________
4,982.86
Demand deposits_________ 358,725.39
Time deposits____________
100.00
Public fun ds_____________
7,551.53
Total deposits__$366,376.92

T ota l__________________ $387,359.78

T otal__________________ $387,359.78

BANK OF MANSFIELD, MANSFIELD
Population, 1,002.

Sebastian County

Chartered February 16, 1939. Transit Number 81-249
Officers
____ President
C. C. Graves-.Vice President
R. A. Graves__
Vice President
J. R. Hunter—
______ Cashier
G. R. Holbrook
Resources
Loans and discounts---------$116,991.20
586,28
Overdrafts --------------------U. S. Gov’t obligations----- 345,000.00
Other bonds and securities 64,752.43
Cash and due from banks— 276,482.85

Total




$803,812.76

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

Directors
J. R. Hunter
G. G. Woods

Liabilities
Capital s to ck ____________ $ 30,000.00
Surplus fu n d ------------------ 21,500.00
Undivided p r o fits ________ 10,455.13
Reserves ________________ 13,007.85
Demand deposits_________ 490,110.51
Time deposits____________ 173,091.96
War loan deposits________ 16,791.49
Public fu n d s_____________ 48,855.82
Total deposits__$728,849.78
Total

$803,812.76

Twenty-Ninth Annual Report

65

FARMERS AND MERCHANTS BANK, MARIANNA
Population, 4,449.
Chartered January 9, 1942.

Lee County
Transit Number 81-744

Officers
Dr. N. C. Hodge___________ President
M. F. Apple___________ Vice President
H. L. Petty________Executive V. Pres.
Franklin L. Brown-----------------Cashier

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

Resources
Loans and discounts-$141,947.08
Loans on commodities- 229,920.36
Overdrafts _ j.----------5.97
U. S. Gov’t obligations_ 130,000.00
Furniture and fixtures-----2,812.63
Cash and due from banks. _ 202,038.71
Other resources_____
50.00

Liabilities
Capital s to ck ____________ $ 50,000.00
Surplus fu n d ____________
7,500.00
8,197.41
Undivided p r o fits ________
Demand deposits_________ 397,854.93
Time deposits____________ 17,069.11
War loan deposits________ 71,266.92
Public fu n d s_____________ 133,927.80
Deposits of banks________ 20,958.58
Total deposits_$641,077.34

T otal__________________ $706,774.75

T otal__________________ $706,774.75

CITIZENS BANK, MARION
Population, 758.

Crittenden County

Chartered March 15, 1938.
Officers
Perry Barton______________ President
Ed Talbott____________ Vice President
J. F. Fogleman______________ Cashier
A. J. Lumpkin_________ Asst. Cashier
Resources
Loans and discounts______$ 57,644.09
Loans on commodities____
3,700.00
U. S. Gov’t obligations----- 363,000.00
Other bonds and securities 52,400.59
1,200.00
Furniture and fixtures___
Banking house----------------3,150.00
Cash and due from banks— 482,298.98

Total




$963,393.66

Transit Number 81-742
Perry Barton
Wilson Barton
L. H. Carruth

Directors
J. F. Fogleman
Ed Talbott

Liabilities
Capital s to ck ____________ $ 40,000.00
Surplus fu n d ____________ 10,000.00
Undivided p ro fits ________
3,575.11
Demand deposits_________ 704,373.32
Time deposits____________ 44,269.11
Public fun ds_____________ 145,758.63
Deposits of banks_________ 15,417.49
Total deposits_$909,818.55
Total

$963,393.66

State of Arkansas: Bank Department

66

MARKED TREE BANK, MARKED TREE
Population, 2,685.

Poinsett County

Chartered March 3, 1932.

Transit Number 81-705

Officers
W. B. Chapman___________ President
John Brunner_____ Executive V. Pres
L. V. Ritter-------------- Vice President
A. F. Falk__________________ Cashier
Dorothy Perry__________Asst. Cashier

Directors
John Brunner
H. C. Dewey
W. B. Chapman
L. V. Ritter
Milton Craft

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

Liabilities
Capital stock
.$ 25,000.00
Surplus fund
25,000.00
Undivided profits
18,090.38
Demand deposits
804,526.50
Time deposits
1,439.00
War loan deposits
72,791.25
Public funds
146,648.68
Deposits of banks
5,519.10
Total dep.___$l,030,924.53

124,201.51
150,905.00
372.70
412,152.88
17,614.45
1,104.04
1,350.00
391,314.33

Total

T o ta l________________ $1,099,014.91

____ $1,099,014.91

THE CITIZENS BANK, MARSHALL
Population, 822.

Searcy County.

Chartered February 26, 1940.

Transit Number 81-715

Officers
Mrs. Mary Massey. .Pres, and Cashier
J. C. Baker____________Vice President
Aud Massey__________Vice President
Jo T. Sanders_________ Asst. Cashier
V. L. Massey_________ Asst. Cashier

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

Resources
Loans and discounts_____ $ 78,441.21
Overdrafts ______________
44.79
U. S. Gov’t obligations___ 37,913.59
Other bonds and securities
1,866.74
Furniture and fixtures___
1,093.50
Cash and due from banks.. 412,224.22

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
6,000.00
Undivided profits_________
2,647.50
Demand deposits_________ 418,857.34
Time deposits____________ 20,762.02
Public fun ds_____________ 58,317.19
Total deposits__$497,936.55

Total




.$531,584.05

Total

$531,584.05

67

Twenty-Ninth Annual Report

BANK OF MARVELL, MARVELL
Population, 830. Phillips County
Chartered January 8, 1903.

Transit Number 81-393

Officers
J. B. Swift________________ President
F. H. Webster_______ Vice President
Rachel S w ift________________ Cashier
H. B. Willis__________ Asst. Cashier

Directors
Edmund Hirsch
J. B. Swift
Weldon Jackson
F. H. Webster
Guy Robinson

Resources
Leans and discounts_$101,672.23
Loans on commodities____
1,025.00
2.52
Overdrafts ______________
U. S. Gov't obligations_ 100,500.00
Other bonds and securities 24,000.00
Furniture and fixtures____
2,100.00
Banking house______
4,750.00
Other real estate___
1,304.25
Cash and due from banks. _ 167,532.86

Liabilities
Capital s to ck ____________$ 25,000.00
Surplus fu n d ____________ 17,500.00
Undivided p ro fits ________
7,760.18
Demand deposits_________ 324,789.12
Time deposits___________
7,842.00
Public fu n d s_____________ 19,995.56
Total deposits__$352,626.68

T otal__________________ $402,886.86

Total J_________________ $402,886.86

BANK OF MeCRORY, McCRORY
Population, 1,010.
Chartered June 8, 1903.

Woodruff County
Transit Number 81-261

Officers
I. N. Arnof-------------------------President
Vance M. Thompson__ Vice President
J. F. Morgan------------- Vice President
John E. Bryan______________ Cashier
R. S. Taylor-------------- Asst. Cashier
Ruth F ile s ___________ Asst. Cashier

Directors
I. N. Arnof
J. F. Morgan
John E. Bryan
Vance M. Thompson
Roy D. Campbell

Resources
Loans and discounts______$133,313.00
Loans on commodities_____
7,000.00
Overdrafts ______________
285.99
U. S. Gov’t obligations___ 204,900.00
Other bonds and securities. 109,984.31
Furniture and fixtures___
1.00
Banking house___________
1.00
Other real estate_________
1.00
Cash and due from banks._ 332,012.31

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
Undivided p ro fits ________ 25,844.45
Reserves ________________
3,000.00
Demand deposits_________ 559,391.22
War loan deposits________ 37,585.80
Public fun ds_____________ 111,677.14
Total deposits .$708,654.16

Total




$787,498.61

Total

$787,498.61

State of Arkansas: Bank Department

68

McGEHEE BANK, McGEHEE
Population, 3,663. Desha County
Chartered December 5, 1933.
Officers
E. S. Terral_______ President
G. H. Linaker----------- Vice President
R. G. Verser_________ Vice President
W. E. Thompson____________ Cashier
C. F. Sisco____________ Asst. Cashier
J. W. Willoughby, Jr.__Asst. Cashier
Resources
Loans and discounts___ $
Loans on commodities__
Overdrafts ------------------U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures-Cash and due from banksOther resources------------

Transit Number 81-585
C. B. Bowman
G. H. Linaker
J. L. Parker
B. F. Selman

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

268,474.22
24,005.80
102.25
984,899.25
120,322.35
738.68
605,959.76
775.73

Liabilities
Capital stock* _________$ 50,000.00
Surplus fund __________
25,000.00
Undivided p r o fit s ______
7,620.00
Reserves_______________
15,000.00
Demand deposits_______ 1,356,948.91
Time deposits__________. 277,484.76
War loan deposits_______
80,453.62
Public fu n d s ___________
192,770.75
Total depositsfl,907,658.04

Total_______________ $2,005,278.04

Total_______________ $2,005,278.04

* First preferred stock with par value of $9,500.00 and common stock with par value of $40,500.00.

THE BANK OF MELBOURNE, MELBOURNE
Population, 567.

Izard County

Chartered July 29, 1896. Transit Number 81-397
Officers
G. H. Miller______________ President
A. J. Younger________Vice President
R. L. Blair_________________Cashier
Marean P earson ______Asst. Cashier
Resources
Loans and discounts______$ 26,404.60
Loans on commodities____
80,400.00
Overdrafts --------------------148.75
U. S. Gov’t obligations___ 124,350.00
Other bonds and securities8,823.44
Furniture and fixtures----440.00
Banking house --------------1,200.00
Cash and due from banks. 144,996.39
Total




$386,763.18

R.
G.

L. Blair
H. Miller

Directors
A. J. Younger

Liabilities
Capital s to c k ____________ $ 15,000.00
4,800.00
Surplus f u n d ____________
Undivided p ro fits ________
1,540.01
Reserves ________________
135.80
Demand deposits_________ 285,732.12
War loan deposits________ 10,366.74
Public fu n d s_____________ 69,188.51
Total deposits .$365,287.37
Total.

$386,763.18

Twenty-Ninth Annual Report

69

THE UNION BANK OF MENA, MENA
Population, 3,510.

Polk County

Chartered July 25, 1934.
W. J. Lauck
W. A. Finks
W. L. Boyd.
Alvin Terry

Officers
_____________ President
------------Vice President
---------------------- Cashier
------------- Asst. Cashier

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

Directors
Alvin Terry

Resources
Loans and discounts___ $ 179,292.43
Overdrafts _____________
68.59
U. S. Gov’t obligations_ 319,452.50
Other bonds and securities
79,842.96
Furniture and fixtures-_
1,975.75
Banking h ou se_________
9,150.00
Cash and due from banks- 413,336.32

Liabilities
Capital stock* _________$ 50,000.00
Surplus fund __________
10,000.00
14,982.08
Undivided p r o fit s ______
Reserves_______________
2,850.00
Demand deposits_______ 707,962.38
Time deposits__________
108,606.61
War loan deposits______
68,773.75
Public fu n d s ___________
39,943.73
Total deposits -$925,286.47

Total_______________ $1,003,118.55

Total_______________ $1,003,118.55

* First preferred stock with par value o f $18,600.00 and common stock with par value of $31,400.00.

MONETTE STATE BANK, MONETTE
Population, 1,074.

Craighead County

Chartered December 29, 1936.

Transit Number 81-724

Officers
M. L. McKinney___ _______ President
S. V. McKinney______ Vice President
Robert B raden______________ Cashier-

Directors
C. V. McKinney
S. V. McKinney
M. L. McKinney

Resources
Loans and discounts______$245,420.45
Loans on commodities___ 41,794.40
Overdrafts _ ____________
306.17
U. S. Gov’t obligations___ 253,045.31
Other bonds and securities2,016.81
Furniture and fixtures___
1,777.93
Banking house___________
3,500.00
Cash and due from banks_ 386,844.65

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p ro fits ________ 11,487.09
Demand deposits__________ 712,621.96
Time deposits____________ 56,432.65
War loan deposits------------ 75,930.16
Public fu n d s_____________ 48,233.86
Total deposits -$893,218.63

Total__________________ $934,705.72

Total__________________ $934,705.72




70

State of Arkansas: Bank Department

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

Drew County

Chartered November 29, 1912.
Officers
J. D. McCloy_____________ President
M. L. Sigman________Vice President
Joe McCloy_ .Vice Pres, and Cashier
Mrs. Audrey Withers__Asst. Cashier

Resources
Loans and discounts____ $ 50,305.82
Overdrafts _____________
123.63
U. S. Gov’t obligations-- 193,750.00
Other bonds and securities 331,735.18
Furniture and fixtures_
1,993.00
Banking h ou se_________
8,500.00
Other real estate_______
143.00
Cash and due from banks. 602,071.99
7,952.41
Other resources________

Transit Number 81-534

J. A. Baxter
J. F. Brann
L. W. Dillard
B. A. Hardy
E. R. Lambert
J. D. McCloy

Directors
Joe McCloy
L. D. McQuiston
John B. Posey
M. L. Sigman
V. J. Trotter, Jr.
Lamar Williamson

Liabilities
Capital s t o c k __________ $ 60,000.00
Surplus f u n d __________
60,000.00
Undivided p r o fit s ______
9,687.22
Reserves _ ____________
20,000.00
Demand deposits_______ 817,916.68
Time deposits _________
127,718.49
Public fu n d s ___________
100,252.64
Deposits of banks______
1,000.00
Total deposits$l,046,887.81
Total

Total_______________ $1,196,575.03

$1,196,575.03

UNION BANK AND TRUST COMPANY, MONTICELLO
Population, 3,650.

Drew County

Chartered September 15, 1915.

Transit Number 81-156

Officers
V. J. Trotter--------------------President
A. T. Cotham------------- Vice President
C. W. Daniel--VicePres, and Cashier
J. E. Curry------------------- Asst. Cashier
H. E. Wheless------------- Asst. Cashier
Mrs. Virginia Pierce___ Asst. Cashier

Directors
Geo. R. Campster Dr. M. Y. Pope
A. T. Cotham
R F. Trotter
C. W. Daniel
V. J.Trotter
E. A. Lambert
Adrain Williamson
W. R. McCloy
M. F. Wright
W. H. Nunn

Resources
Loans and discounts___ $
Loans on commodities__
Overdrafts _____________
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures-_
Banking h ou se_________
Cash and due from banks.
Other resources________

246,871.43
5,703.94
604.90
616,500.00
821,467.54
1.00
5,000.00
622,024.51
19,860.09

Liabilities
Capital stock __________ $ 100,000.00
Surplus fund __________
75,000.00
Undivided p r o fit s ______
42,051.41
Reserves _ ____________
75,000.00
Demand deposits_______ 1,463,959.27
Time deposits__________
310,741.37
War loan deposits_______ 104,865.76
Public fu n d s ___________
159,765.10
Deposits of banks_______
6,650.50
Total deposits$2,045,982.00

Total________________ $2,338,033.41

Total________________ $2,338,033.41




Twenty-Ninth Annual Report

71

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

Conway County

Chartered November 26, 1930.

Transit Number 81-144

Officers
R. H. Dickenhorst_________ President
L. T. Oates___________ Vice President
S. E. McReynolds____________Cashier
C. E. Linebarger_______ Asst. Cashier
W. M. Wallace________ Asst. Cashier
Mrs. Clara L. Loh____ Asst. Cashier

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

Resources
Loans and discounts___ $ 292,859.34
Loans on commodities__
302,471.65
Overdrafts _____________
157.48
U. S. Gov't obligations-- 639,000.00
Other bonds and securities
38,717.92
Furniture and fixtures-_
6,000.00
Other real estate_______
5,000.00
Cash and due from banks- 1,328,677.83

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus fund __________
75,000.00
Undivided p r o fit s ______
37,418.57
Reserves_______________
6,000.00
Demand deposits_______ 2,075,121.94
Time deposits__________
173,735.68
War loan deposits_____
40,931.50
Public fu n d s ___________
154,676.53
Total deposits$2,444,465.65

Total_______________ $2,612,884.22

Total_______________ $2,612,884.22

THE BANK OF MONTGOMERY COUNTY, MOUNT IDA
Population, 490. Montgomery County
Chartered November 26, 1930.
Officers
L. L. Beavers______________ President
W. G. Whittington___ Vice President
A. Standridge_______ Vice President
John B eavers_______________ Cashier
Resources
Loans and discounts______$ 77,634.57
Overdrafts _ -----------------.50
U. S. Gov’t obligations___ 158,315.88
Other bonds and securities.
7,710.30
2,650.00
Furniture and fixtures___
Banking house----------------3,200.00
Cash and due from banks_ 269,249.00

Total

$518,760.25

Transit Number 81-404

John Beavers
L. L. Beavers

Directors
A. Standridge
W. G. Whittington

Liabilities
Capital sto ck * -----------------$ 15,000.00
5,000.00
Surplus fu n d ____________
Undivided p r o fits ________
1,691.92
Reserves ________________
6,458.56
Demand deposits_________ 358,942.58
Time deposits ___________ 54,760.85
War loan deposits________ 25,000.00
Public fu n d s_____________ 51,906.34
Total deposits .$490,609.77
Total.

$518,760.25

* First preferred stock with par value of $9,200.00 and common stock with par value of $5,800.00.




72

State of Arkansas: Bank Department

THE PEOPLES BANK, MOUNTAIN HOME
Population, 927. Baxter County
Chartered August 10, 1906.
Officers
J. W. Bennett_____________President
M. E. Curlee__________Vice President
Lon J on es__________________ Cashier
W. N. Baker__________ Asst. Cashier
Roy Bodenhamer_____ Asst. Cashier

Transit Number 81-402
J. W. Bennett
M. E. Curlee
Nat T. Dyer

Directors
Lon Jones
J. P. Morgan

Resources
Loans and discounts___ ! 5 67,849.12
Overdrafts _ __________
369.59
U. S. Gov’t obligations_ 250,300.00
Other bonds and securities
204.85
720.00
Furniture and fixtures_
Banking h ou se _________
2,800.00
Other real estate_______
2.00
Cash and due from banks- 1,146,419.02

Liabilities
Capital stock __________$ 25,000.00
25,000.00
Surplus fund __________
Undivided p r o fit s ______
8,589.85
Demand deposits________ 1,281,512.71
Public fu n d s ___________
120,908.74
Deposits of banks_______
7,653.28
Total deposits$l,410,074.73

Total_______________ $1,468,664.58

Total_______________ $1,468,664.58

BANK OF MOUNTAIN VIEW, MOUNTAIN VIEW
Population, 745. Stone County
Chartered July 21, 1915. Transit Number 81-403
Officers
N. C. Maxey_____________ President
H. R. Case__________ Vice President
A. A. Lancaster_____________ Cashier
M. M. Lancaster_______Asst. Cashier

Directors
H. R. Case
Von R. Rosa
A. A. Lancaster
J. T. Smith
N. C. Maxey

Resources
Loans and discounts---------$ 27,898.86
U. S. Gov’t obligations___ 94,875.00
Furniture and fixtures----100.00
Banking house___________
1,000.00
Cash and due from banks_ 275,329.97

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ------------------ 10,000.00
Undivided p r o fits ________
2,765.24
Demand deposits_________ 312,432.86
Public fun ds_____________ 49,005.73
Total deposits -$361,438.59

Total__________________ $399,203.83

Total__________________ $399,203.83




73

Twenty-Ninth Annual Report

BANK OF MULBERRY, MULBERRY
Population, 973.

Crawford County

Chartered January 15, 1902. Transit Number 81-257
Officers
S. B. Stevinson___________ President
Horace W agner______ Vice President
T. J. House_________________ Cashier
Mrs. T. J. House________Asst. Cashier

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

Directors
J. D. Jackson
S. B. Stevinson
Horace Wagner

Resources
Loans and discounts______$ 80,460.26
Loans on commodities_____
3,600.00
U. S. Gov’t obligations__ 133,600.00
Other bonds and securities- 18,456.80
Furniture and fixtures___
600.00
Banking house___________
250.00
Other real estate_________
4.00
Cash and due from banks_ 213,706.62
Other resou rces_________
277.50

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 10,000.00
Undivided p r o fits ________
8,939.65
Demand d ep osits________ 348,100.26
Time d eposits___________
9,134.36
War loan deposits________ 24,814.68
Public funds ____________ 24,966.23
Total deposits -$407,015.53

T otal__________________ $450,955.18

T otal__________________ $450,955.18

PIKE COUNTY BANK, MURFREESBORO
Population, 835.

Pike County

Chartered December 19, 1904.

Transit Number 81-405

Officers
T. F. Alford----------------------President
J. N. Hipp__________________ Cashier
C. H. Rutherford_____ Asst. Cashier

T. F. Alford
J. N. Hipp

Resources
Loans and discounts______$ 12,874.71
U. S. Gov’t obligations___ 206,200.00
Other bonds and securities.
6,916.58
Furniture and fixtures___
1.00
Banking h o u s e __________
1,200.00
Other real estate_________
6.00
Cash and due from banks. 277,528.35

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d ____________
8,500.00
Undivided p r o fits ________ 11,294.99
Demand deposits ________ 388,358.31
Time d eposits___________
7,141.16
Public funds ____________ 64,432.18
Total deposits .$459,931.65

Total




$504,726.64

Total

Directors
Mrs. Delia Pinnix
M. G. Terrell

$504,726.64

74

State of Arkansas: Bank Department

BANK OF NETTLETON, NETTLETON
Population, 909.

Craighead County

Chartered February 13, 1904.

Transit Number 81-406

Officers
L. D. Kiech_______________ President
Fred Shauver_________Vice President
E. E. Hale_________________ Cashier
R. E. Thomas_________Asst. Cashier

E. E. Hale
E. C. Kiech
H. C. Kiech

Resources
Loans and discounts-$242,379.30
Loans on commodities_ 140,200.00
Overdrafts _ ____________
1.71
U. S. Gov’t obligations_ 326,500.00
Other bonds and securities- 62,000.00
Furniture and fixtures__
220.00
Banking house __________
1,080.00
Cash and due from banks- 202,652.99

Liabilities
Capital s to ck ____________ $ 40,000.00
Surplus fu n d ____________ 30,000.00
7,228.53
Undivided p r o fits ________
Demand deposits ________ 797,487.47
Time d eposits___________ 29,664.04
Public funds ____________ 70,653.96
Total deposits -$897,805.47

Total________________ $975,034.00

Total________________ $975,034.00

Directors
L. D. Kiech
Fred Shauver

BANK OF NEW EDINBURG, NEW EDINBURG
Population, 500.

Cleveland County

Chartered August 22, 1904.
Officers
E. T. Attwood____________ President
C. B. Attwood________Vice President
Ray A ttw ood _______________ Cashier
Resources
Loans and discounts---------$
U. S. Gov’t obligations,___
Other bonds and securitiesFurniture and fixtures__
Banking house __________
Cash and due from banks-

Total




36,245.67
64,850.80
20,912.81
350.00
150.00
81,290.97

$203,800.25

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

Directors
W. F. Attwood
G. E. Marks

Liabilities
--------------- $ 12,500.00
Capital stock
Surplus fu n d ____________ 11,500.00
Undivided p r o fits ________
1,018.92
Demand d ep osits________ 132,551.75
Time deposits___________ 24,129.11
Public funds ____________ 21,200.47
Deposits of banks________
900.00
Total deposits -$178,781.33
Total

$203,800.25

75

Twenty-Ninth Annual Report

THE TWIN CITY BANK, NORTH LITTLE ROCK
Population, 21,137.
Chartered March 21, 1935.

Pulaski County
Transit Number 81-54
Directors
Henry O. Topf

Officers
Henry 0. Topf____________ President
R. J. Rice__ Vice Pres, and Cashier
W. J. McDermott_____ Asst. Cashier

Tom F. Digby
R. J. Rice

Resources
Loans and discounts___ $ 416,330.36
Loans on commodities.55,200.00
U. S. Gov’t obligations_ 2,318,338.82
Other bonds and securities 134,615.25
3,000.00
Furniture and fixtures_
Banking house ________
22,500.00
Cash and due from banks. 1,213,903.61
Other resources _______
413.56

Liabilities
Capital stock* ________$ 100,000.00
Surplus fund __________
40,000.00
Undivided p r o fit s ______
24,676.97
Reserves _ ____________
12,000.00
Demand deposits ______ 3,242,299.78
Time deposits _________
222,712.75
Public funds __________
522,612.10
Total deposits$3,987,624.63

Total______________ $4,164,301.60

Total______________ $4,164,301.60

* First preferred stock with par value of $42,000.00 and common stock with par value of $58,000.00.

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

Transit Number 81-387

Officers
C. B. Wood-----------------------President
G. H. Florida_________Vice President
S. G. Lockhart______________ Cashier
Vivian Scurlock_______Asst. Cashier

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

Resources
Loans and discounts___ $ 313,139.06
Loans on commodities._ 176,650.00
Overdrafts _ __________
11,053.44
U. S. Gov’t obligations._ 126,900.00
Other bonds and securities
19,500.00
Furniture and fixtures_
943.50
Banking house ________
1.00
Other real estate_______
1.00
Cash and due from banks. 1,791,616.63

Liabilities
Capital stock --------------$ 75,000.00
Surplus fund __________
50,000.00
Undivided profits _____
11,543.01
Reserves _ ___________
4,454.40
Demand deposits ______ 1,932,267.95
Time deposits _________
179,538.09
War loan deposits______
87,711.22
Public funds __________
99,289.96
Total deposits$2,298,807.22

Total




$2,439,804.63

Total

Directors
H. F. Ohlendorf
C. B. Wood

$2,439,804.63

76

State of Arkansas: Bank Department

BANK OF OZARK, OZARK
Population, 1,402.
Chartered June 9, 1937.

Franklin CountyTransit Number 81-727

Officers
W. A. Hudspeth___ Pres, and Cashier
Frank N. Johnston___ Vice President

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

Resources
Loans and discounts______$ 73,008.59
Overdrafts ______________
467.34
U. S. Gov’t obligations__ 240,579.32
Other bonds and securities9,145.95
400.00
Furniture and fixtures___
Banking h o u se __________
3,600.00
Cash and due from banks- 361,927.48

Liabilities
Capital stock
_ _$ 25,000.00
Surplus fund
_ _
_ 10,000.00
Undivided profits
_____
1,448.98
Demand deposits _ _ __ . 556,492.90
Public funds _
. 95,686.80
Total deposits .$652,179.70
Other liabilities
Total

Total________________ $689,128.68

500.00
$689,128.68

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

Greene County

Chartered February 5, 1931.

Transit Number 81-82

Officers
Jas. W. Alexander________ President
Sam McHaney________Vice President
E. R. Browning_____________ Cashier
Emily M eiser_________Asst. Cashier

Directors
Jas. W. Alexander
Sam McHaney
E. R. Browning
L. G. Staub
W. E. Ellington
Ike Willcockson
J. C. Honey
J. E. Winn
R. V. McCoy

Resources
Loans and discounts___ $
Loans on commodities-Overdrafts ______________
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures_
Banking house ________
Cash and due from banks.

Liabilities
Capital stock _________$ 50,000.00
Surplus f u n d __________
50,000.00
31,173.43
Undivided p r o fit s ______
Reserves _ ____________
4,456.00
Demand deposits --------- 903,791.82
Time deposits _________
320,116.20
War loan deposits______
98,053.55
Public funds __________
232,572.13
Deposits of banks______
5,060.91
Total deposits$l,559,594.61

324,591.55
168,700.00
21.81
306,372.12
168,964.58
2,095.61
16,000.00
709,700.75

Other liabilities________
Total_______________ $1,696,446.42




1,222.38

Total_______________ $1,696,446.42

Twenty-Ninth Annual Report

77

BANK OF PARKDALE, PARKDALE
Population, 278. Ashley CountyChartered February 1, 1910. Transit Number 81-416
Officers
R. G. Williams__ *_________ President
J. H. Caldwell________Vice President
J. P. Caldwell______________ Cashier

D ir p p fn r Q

J. H. Caldwell
J. A. Williams

R. G. Williams

Resources
Loans and discounts______$ 53,762.58
Overdrafts _ ____________
133.13
U. S. Gov’t obligations___ 36,100.00
Furniture and fixtures___
617.85
Cash and due from banks. 147,557.90

Liabilities
Capital s to ck ____________ $ 15,000.00
Surplus fu n d ____________ 20,000.00
Undivided p ro fits ________ 17,946.14
Reserves" -----------------------1,000.00
Demand d eposits________ 150,553.09
Time deposits___________ 21,378.01
Public funds ____________ 12,294.22
Total deposits .$184,225.32

Total________________ $238,171.46

Total________________ $238,171.46

FIRST STATE BANK, PARKIN
Population, 1,412.
Chartered June 5, 1925.

Cross County
Transit Number 81-676

Officers
H. L. Coldren_____________ President
R. M. Lake___________ Vice President
Mrs. G. D. Baker----------------- Cashier
Mrs. Ida M. Williams..Asst. Cashier

Directors
Mrs. G. D. Baker
R. M. Lake
F. E. Brenner
N. E. Thomas
H. L. Coldren

Resources
Loans and discounts-$107,028.81
Loans on commodities___
5,050.00
U. S. Gov’t obligations_ 55,700.00
Furniture and fixtures___
1,850.00
Banking house __________
1,490.00
Other real estate___
627.44
Cash and due from banks. 355,861.57
Other resou rces____
270.24

Liabilities
Capital stock ___________ $ 25,000.00
Surplus fund ----------------- 10,000.00
Undivided p ro fits ________
5,151.54
Demand d ep osits________ 451,567.47
Time deposits___________
1,100.00
War loan deposits________ J ,'731.25
Public funds ____________ 27,148.37
Total deposits .$487,547.09
Other liabilities _________

Total




.$527,878.06

Total.

179.43
$527,878.06

State of Arkansas: Bank Department

78

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

Benton County
Transit Number 81-468

Officers
W. T. Patterson___ Pres, and Cashier
R. B. Patterson________Vice President
Alvin A rm strong---------Asst. Cashier

Loyd Patterson
R. B. Patterson

Resources
Loans and discounts_____ $ 70,562.36
Overdrafts ______________
48.75
U. S. Gov’t obligations___
2,500.00
Other bonds and securities
3,088.56
Furniture and fixtures___
350.00
900.00
Banking house __________
Cash and due from banks__ 86,774.05

Liabilities
Capital sto ck *___________$ 15,000.00
Surplus fu n d ____________
5,000.00
Undivided p r o fits ________
4,454.77
Demand d ep osits_________ 108,415.55
Time deposits___________ 15,831.20
Public funds ____________ 15,522.20
Total deposits -$139,768.95

$164,223.72

Total

Directors
W. T. Patterson

Total

$164,223.72

* First preferred stock with par value of $8,000.00 and common stock with par value of $7,000.00.

PIGGOTT STATE BANK, PIGGOTT
Population, 2,034.
Chartered March 10, 1930.
V.
H.
F.
J.

Officers
C. Wright____________ President
C. Robbins_________Vice President
H. Thornton_____________ Cashier
W. Harris__________Asst. Cashier

Clay County
Transit Number 81-698
Directors
J. W. Hamilton
H. C. Robbins
H. F. Leggett
F. H. Thornton
P. M. Pfeiffer
V. C. Wright
G. Will Reves

Resources
Loans and discounts___ $ 128,680.05
Loans on commodities_
2,000.00
U. S. Gov’t obligations- 559,705.00
Other bonds and securities
61,440.00
Furniture and fixtures-1.00
Banking house ________
5,000.00
Cash and due from banks- 450,930.82
Other resources _______
.50

Liabilities
Capital s t o c k __________ $ 30,000.00
Surplus fund __________
30,000.00
Undivided p r o fit s ______
16,300.68
Demand deposits __ :__
818,042.60
Time deposits _________
59,379.70
War loan deposits______
73,475.87
Public funds __________
180,558.52
Total deposits$l,131,456.69

Total________________ $1,207,757.37

Total________________ $1,207/757.37




Twenty-Ninth Annual Report

79

FIRST STATE BANK, PLAINVIEW
Population, 704.

Yell County

Chartered January 12, 1934.

Transit Number 81-243

Officers
W. B. Clement-..
____ President
Donald Barger __
-Vice President
.Vice President
L. C. Breashears
R. L. Elliott____
Vice President
Joe H a s le r____
_______Cashier
Mrs. Elton Cook-_Asst. Cashier

Directors
P. V. George
Bill Aikman
C. B. Law
L. C. Breashears
S. W. Lofland
Willie Caviness
M. A. Vandover
Walter Caviness
C. Wyss
W. B. Clement
R. L. Elliott

Resources
Loans and discounts___ $ 56,938.59
Loans on commodities_
38,000.00
U. S. Gov’t obligations_ 407,979.46
Other bonds and securities
74,970.02
Furniture and fixtures-_
1,560.00
Banking house ________
3,225.00
540.44
Other real estate---------Cash and due from banks. 513,910.53
Other resources________
347.76

Liabilities
Capital stock
— $ 40,000.00
20,000.00
Surplus fund
18,282.29
Undivided profits
787,775.23
Demand deposits __
39,164.30
Time deposits
48,933.45
War loan deposits
143,154.91
Public funds
Total deposits$l,019,027.89
Other liabilities _

Total_______________ $1,097,471.80

161.62

Total_______________ $1,097,471.80

BANK OF POCAHONTAS, POCAHONTAS
Population, 3,028. Randolph County
Chartered October 31, 1903. Transit Number 81-297
Officers
Dr. J. W. Brown_____ _____ President
Tom B ig g e r_________ -Vice President
A. L. Wright_________ Vice President
R. R. Hosey__________ ______ Cashier

Directors
F. E. Belford
R. R. Hosey
Tom Bigger
A. L. Wright
Dr. J. W. Brown

Resources
Loans and discounts___ $ 189,444.79
Loans on commodities._
5,100.00
Overdrafts _ --------------424.40
U. S. Gov’t obligations..
368,225.00
Other bonds and securities
13,218.35
Furniture and fixtures_
2,900.00
Cash and due from banks.
846,932.64

Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus f u n d __________
30,000.00
Undivided p r o fits ______
8,743.75
Demand deposits ______ 1,070,468.40
Time deposits _________
24,115.94
War loan deposits______
100,495.63
Public funds __________
134,835.35
Deposits of banks______
7,586.11
Total deposits$l,337,501.43

Total________________ $1,426,245.18




Total________________ $1,426,245.18

80

State of Arkansas: Bank Department

THE PEOPLES BANK, PORTLAND
Population, 518. Ashley County
Chartered January 22, 1908. Transit Number 81-248
Officers
A. J. Gregory__Chairman of Board
and President
J. W. Brown________________ Cashier
H. H. N aff---------------- Asst. Cashier
Resources
Loans and discounts---------$101,536.79
Loans on commodities___
200.00
Overdrafts --------------------33.02
U. S. Gov’t obligations___ 40,700.00
Other bonds and securities.
4,000.00
Furniture and fixtures___
1,000.00
Other real estate________
1,019.65
Cash and due from banks_ 184,347.46

J. W. Brown
A. J. Gregory

Directors
H. H. Naff

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 40,000.00
Undivided p r o fits ________ 16,225.94
Reserves ________________
18.02
Demand d ep osits________ 199,746.06
Time deposits___________ 30,446.83
Public funds ____________ 21,387.45
Total deposits _$251,580.34
Other liabilities_________

Total________________ $332,836.92

12.62

T o t a l ....____________ $332,836.92

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

Transit Number 81-247

Officers
J. W. Pugh_______________ President
Felix Pugh _________ Vice President
C. E. Larrison_______________ Cashier
H. L. Cowling__________Asst. Cashier

Directors
H. C. Cockerham
Joe Pugh
Felix Pugh
J. W. Pugh
Gus Pugh

Resources
Loans and discounts______$ 34,958.74
Loans on commodities___
8,400.00
U. S. Gov’t obligations___ 172,243.93
Other bonds and securities. 22,777.40
Furniture and fixtures___
1,300.00
Banking h o u se --------------2,100.00
Other real estate-------------1,304.63
Cash and due from banks. 419,542.76
Other resou rces-------------1.00

Liabilities
Capital s to ck ____________ $ 20,000.00
Surplus fu n d ____________ 50,000.00
Undivided p r o f it s _______ 22,927.86
Reserves ________________
7,000.00
Demand deposits ________ 460,818.01
Time deposits ____________ 100,715.01
Public funds ____________
1,167.58
Total deposits .$562,700.60

Total




$662,628.46

Total

$662,628.46

Twenty-Ninth Annual Report

81

CITIZENS BANK, POTTSYILLE
Population, 308.
Chartered August 13, 1913.
Officers
D. H. Rackley------------------ President
W. H. Rankin_________Vice President
G. C. Owens_______________ Cashier
Resources
Loans and discounts_____ $ 15,561.20
Loans on commodities___
3,300.00
Overdrafts _ ---------- -------5.73
U. S. Gov’t obligations___ 43,000.00
Other bonds and securities17.60
Furniture and fixtures___
100.00
Banking house __________
600.00
Other real estate________
912.00
Cash and due from banks. 84,649.02
.$148,145.55

Total.

Pope County
Transit Number 81-551
G. C. Owens
D. H. Rackley

Directors
W. H. Rankin

Liabilities
Capital stock* __________ $ 20,000.00
1,180.00
Undivided p ro fits ________
Demand deposits ________ 94,689.33
War loan deposits_______ 20,209.88
Public funds ______________ 12,066.34
Total deposits .$126,965.55

Total

$148,145.55

* First preferred stock with par value of $12,500.00 and common stock with par value of $7,500.00.

THE FARMERS AND MERCHANTS BANK, PRAIRIE GROVE
Population, 887. Washington County
Chartered August 29, 1904.

Transit Number 81-256

Officers
R. D. Bogart____________ President
E. C. Carl___________Vice President
D. E. Rieff_________________ Cashier

Directors
R. D. Bogart
J. C. Parks
E. C. Carl
W. E. N. Phillips
Dr. Will H. Mock
D. E. Rieff

Resources
Loans and discounts---------$127,216.59
Overdrafts _ ____________
15.74
U. S. Gov’t obligations----- 137,400.00
Other bonds and securities. 41,992.08
Furniture and fixtures----1.00
Banking house --------------1,500.00
Cash and due from banks— 251,941.17

Liabilities
Capital s to ck ____________ $ 30,000.00
Surplus fu n d --------------- —
7,500.00
Undivided p r o fits ________ 17,956.54
Demand deposits
______411,311.22
Time deposits___________ 73,543.10
Public funds ____________ 19,755.72
Total deposits .$504,610.04

Total




$560,066.58

Total.

$560,066.58

State of Arkansas: Bank Department

BANK OF PRESCOTT, PRESCOTT
Population, 3,177.

Nevada County-

Chartered August 10, 1904.

Transit Number 81-140

Officers
Thos. C. McRae, Jr_________ President
T. M. Bemis_________ Vice President
Wren S cott_________________ Cashier
W. R. Hambright______ Asst. Cashier
Qi J. Stephenson_______ Asst. Cashier

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

Resources
Loans and discounts_____$
Loans on commodities__
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures__
Banking h ou se _________
Other real estate-----------Cash and due from banks
Other resources------------

Liabilities
Capital stock*__________$ 97,500.00
Surplus fu n d ___________
16,000.00
Undivided p rofits_______
3,697.44
Reserves_______________
24,628.22
Demand deposits________ 1,617,511.69
Time deposits__________
245,873.50
Public fu n d s ___________
121,643.50
Total dep___ $1,985,028.69

104,896.73
27,900.00
915,173.44
193,610.97
5,200.00
12,300.00
2.00
852,708.21
15,063.00

T o t a l________________ $2,126,854.35

T o ta l________________ $2,126,854.35

* First preferred stock with par value of $60,000.00 and common stock with par value of $37,500.00.

BANK OF QUITMAN, QUITMAN
Population, 393.

Cleburne County

Chartered August 15, 1903.

Transit Number 81-424

Officers
W. H. McNair______________ President J. A. Bailey
Ben F. Clark___ V. Pres, and Cashier Ben F. Clark
Corine Clark
Edith Ellis_____________________ Asst.Cashier
N‘. H. Tarver___________________ Asst.Cashier

W. H. McNair
N. H. Tarver

Resources
Loans and discounts______$ 94,695.52
Loans on commodities------- 104,500.00
U. S. Gov’t obligations___ 73,000.00
Other bonds and securities 44,957.68
Furniture and fixtures----1.00
Banking house___________
1.00
Other real estate------------2.00
Cash and due from banks. _ 153,561.67

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fund _•___________
5,000.00
Undivided p ro fits ________
9,178.25
Demand deposits__________ 413,194.18
Time deposits____________
1,502.26
Public fun ds_____________ 16,844.18
Total deposits__$431,540.62

T o ta l___________________ $470,718.87

T o ta l___________________ $470,718.87




Twenty-Ninth Annual Report

83

THE BANK OF RECTOR, RECTOR
Population, 1,736.

Clay County

Chartered November 15, 1930.

Transit Number 81-173

Officers

Directors
J. A. Marlar
E. M. Purcell

J. C. Hardin_______________ President
J. A. Marlar__________Vice President
O. A. Harper_______________ Cashier
Claudia Justus_________Asst. Cashier

Ollie Bearden
J. C. Hardin
T. C. Justus

Resources
Loans and discounts______$152,005.24
Loans on commodities_____ 48,664.72
U. S. Gov’t obligations___ 226,600.00
Other bonds and securities 15,130.96
1,253.95
Furniture and fixtures___
Banking house___________
6,000.00
Cash and due from banks-_ 296,035.82

Liabilities
Capital stock *___________ $ 25,000.00
Surplus fu n d ____________
6,000.00
Undivided p r o fits ________ 10,738.20
Reserves ________________
5,000.00
Demand deposits ________ 603,088.75
War loan deposits________ 53,115.48
Public fun ds_____________ 42,748.26
Total deposits-_$698,952.49

T ota l__________________ $745,690.69

T ota l_______ ___________ $745,690.69

* First preferred stock with par value of $11,500.00 and common stock with par value of $13,500.00.

FARMERS AND MERCHANTS BANK, REYNO
Population, 346.

Randolph County

Chartered December 8, 1911. Transit Number 81-427
Officers
F. E. Belford_____________President
E. L. Dickson------------------ ------ Cashier
Vada Mae Meredith____ Asst. Cashier

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

Resources
Loans and discounts______$ 43,119.39
Loans on commodities_____
900.00
Overdrafts ______________
152.81
U. S. Gov’t obligations___
6,001.36
Other bonds and securities
20.85
Banking house___________
1.00
Cash and due from banks__ 103,830.49

Directors
Capital s to ck ____________ $ 10,000.00
Surplus fu n d _____- ______
6,000.00
Undivided p ro fits ________
2,566.91
Reserves ________________
3.45
Demand deposits_________ 133,693.58
Public fun ds_____________
1,761.96
Total deposits_$135,455.54

Total




.$154,025.90

Total

$154,025.90

84

State of Arkansas: Bank Department

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

Cleveland County

Chartered March 7, 1932.

Transit Number 81-428

Officers
J. L. Moore_____ __________ President
J. E. McCoy_________ Vice President
J. L. Sadler__________ Vice President
Herman Davidson___________ Cashier
Robert L. Searcy______ Asst. Cashier
Ruby Lum____________ Asst. Cashier

Directors
Herman Davidson Jo Nichol
J. E. Goggans
J. L. Sadler
J. E. McCoy
Van Sadler
R. T. McCoy
R. C. Searcy
J. L. Moore
Max M. Smith
Victor Moore
B. W. Thomasson

Resources
Loans and discounts______$ 49,930.76
Loans on commodities_____
1,450.00
U. S. Gov’t obligations___ 194,000.00
Other bonds and securities 21,150.86
Furniture and fixtures___
765.00
Banking house___________
2,400.00
Other real estate_________
22.00
Cash and due from banks-- 203,381.24
Other resources__________
50.00

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 20,000.00
Undivided p r o fits __ _____
3,992.46
Reserves ________________
16,889.66
Demand deposits_________ 301,663.84
Time deposits.____________ 47,222.85
Public fun ds_____________ 58,381.05
Total deposits_$407,267.74

$473,149.86

Total

$473,149.86

Total

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

Pope County

Chartered December 23, 1897.

Transit Number 81-119

Officers
A. J. Mathews__ Chairman of Board
Geo. S. Neal------------ President
R. L. Jenkins__________Vice President
M. J. Hickey________________ Cashier
M. G. Harmon__________Asst. Cashier

Directors
M. J. Hickey
Geo. S. Neal
R. L. Jenkins
T. R. Rye
A. J. Mathews

Resources
Loans and discounts------- $ 176,829.24
Loans on commodities_____ 79,081.16
Overdrafts-------------------200.48
U. S. Gov’t obligations— 457,225.00
Other bonds and securities 216,564.56
Banking h ou se_________
15,000.00
Other real estate-----------3,000.00
Cash and due from banks 970,279.62
Other resources________
648.00

Liabilities
Capital stock ___________ $ 100,000.00
Surplus fu n d ___________
20,000.00
Undivided p rofits_______
.73,688.49
Demand deposits_______ 1,169,806.83
Time deposits__________
368,805.61
War loan deposits_______
70,569.64
Public fu n d s___________
97,450.60
Deposits of banks_______
18,506.89
Total dep.— $l,725,139.57

Total




$1,918,828.06

Total

$1,918,828.06

Twenty-Ninth Annual Report

85

PEOPLES EXCHANGE BANK, RUSSELLVILLE
Population, 5,927. Pojpe County
Chartered March 24, 1890.

Transit Number 81-118

Officers
L. B. McClure_____________President
Donald B a rg e r_______Vice President
C. E. Lemley_______________ Cashier
John T. Little__________Asst. Cashier

Directors
Donald Barger
A. B. Priddy
W. B. Clement
Eugene A. Shinn
John W. Leonard
J. Madison White
L. B. McClure

Resources
Loans and discounts___ $ 322,269.40
Loans on commodities__
66,170.64
O verdrafts____________,
1.21
U. S. Gov’t obligations_ 485,382.50
Other bonds and securities
89,144.57
Furniture and fixtures_
1,600.00
Banking h ou se_________
17,000.00
Other real estate_______
9.00
Cash and due from banks- 731,501.36

Liabilities
Capital s to c k * _________ $ 100,000.00
Surplus f u n d __________
15,000.00
Undivided p r o fit s ______
10,794.92
Reserves _ ____________
6,800.00
Demand deposits_______ 1,165,225.62
Time deposits _________
184,221.54
War loan deposits______ 128,399.56
Public fu n d s ___________
96,691.57
Deposits of banks_______
5,945.47
Total deposits$l,580,483.76

Total_______________ $1,713,078.68

Total_______________ $1,713,078.68

* First preferred stock with par value Of $39,000.00 and common stock with par value of $61,000.00.

BANK OF SALEM, SALEM
Population, 574. Fulton County
Chartered December 9, 1908. Transit Number 81-430
Officers
Rex Castleberry __________ President
Lanis A s h le y ------------Vice President
H. J. Humphries--___Vice President
Fay Castleberry____________ Cashier
Jim Hum phries__ -___ Asst. Cashier
Ray Castleberry_______Asst. Cashier

Directors
Lanis Ashley
Rex Castleberry
Fay Castleberry
H. J. Humphries

Resources
Loans and discounts_____ $151,694.83
Overdrafts ______________
397.95
U. S. Gov’t obligations___ 23,500.00
Other bonds and securities172.12
Furniture and fixtures___
400.00
Banking house __________
2,000.00
Cash and due from banks_433,216.75

Liabilities
Capital s to ck ________ .__ $ 25,000.00
Surplus fu n d ____________
5,000.00
Undivided p ro fits ________
8,467.41
Demand d ep osits________ 526,681.49
Time d eposits___________ 31,270.04
Public fu n d s_____________ 44,962.71
Total deposits -$602,914.24

Total




$641,381.65

Total.

$641,381.65

86

State of Arkansas: Bank Department

LOGAN COUNTY BANK, SCRANTON
Population, 322.

Logan County-

Chartered April 7, 1926. Transit Number 81-686
Officers
(Vacancy) ________________ President
Frank A h n e__________Vice President
J. D. Knight________________ Cashier
Leonard A h n e ________Asst. Cashier
Resources
Loans and discounts_____ $ 96,576.83
Loans on commodities_____ 110,277.82
Overdrafts _ ____________
567.08
U. S. Gov’t obligations___ 97,100.00
Other bonds and securities125.19
Banking h o u se __________
400.00
Cash and due from banks-_ 205,511.39
Total_________________ $510,558.31

Frank Ahne
J. D. Knight

Directors
(Vacancy)

Liabilities
Capital stock _
$ 15,000.00
Surplus fund
__ .____
6,500.00
Undivided profits
.
- 14,480.30
Demand deposits
381,881.50
Time deposits
_ .
74,640.63
Public funds _
. __ 18,055.88
Total deposits .$474,578.01
Total

. __ $510,568.31

THE SEARCY BANK, SEARCY
Population, 3,670. White CountyChartered May 1, 1943.
Officers
Thos. A. Watkins_________President
E. P. Pyeatt----- Executive Vice Pres.
and Cashier
Harry K. Wood______Vice President
Frank S. Leavitt______Asst. Cashier

Transit Number 81-154
Cal Aclin
E. P. Pyeatt
Hubert Smith

Directors
Thos. A. Watkins
Harry K. Wood

Resources
.
Loans and discounts___ $ 121,029.14
Loans on commodities_
89,873.01
Overdrafts _ __________
85.72
U. S. Gov’t obligations_ 240,311.38
Other bonds and securities
62,836.14
Furniture and fixtures_
4,000.00
Cash and due from banks. 1,276,157.39

Liabilities
Capital s to c k * _________ $ 100,000.00
Surplus fund __________
20,000.00
Undivided p r o fit s ______
4,194.75
Demand deposits_______ 1,444,876.86
Time deposits _________
1,957.19
War loan deposits______
20,299.00
Public fu n d s ___________
185,480.14
Deposits of banks--------17,484.84
Total deposits$l,670,098.03

Total— _____________ $1,794,292.78

Total________________ $1,794,292.78

* First preferred stock with par value o f $46,000.00 and common stock with par value of $54,000.00.




Twenty-Ninth Annual Report

87

THE SECURITY BANK, SEARCY
Population, 3,670. White County
Chartered February 6, 1932.

Transit Number 81-153

Officers
S. W. Sanford____________President
J. L. Walker_________ Vice President
B. C. Huddleston____Vice President
E. 0. Yancey----------------------- Cashier
S. D. White, Jr_______ Asst. Cashier
Mrs. Joe D. Stewart__ Asst. Cashier

Directors
George D. Booth
A. J. Stephens
B. C. Huddleston
H. M. Thompson
K. B. Rand
J. L. Walker
J. W. Sanford
Ray Yarnell
S. W. Sanford

Resources
Loans and discounts___ $
Loans on commodities__
U. S. Gov’t obligations-Other bonds and securities
Furniture and fixtures_
Banking h ou se _________
Other real estate_______
Cash and due from banks-

Liabilities
Capital s t o c k __________ $ 50.000. 00
Surplus f u n d __________
50.000. 00
Undivided p r o fit s ______
50,234.52
847,316.41
Demand deposits_______
War loan deposits______
67,767.80
Public fu n d s ___________
50,966.99
Total deposits! 966,051.20

115,511.12
105,736.45
137,800.00
29,486.97
1.00
1.00
11.00
727,738.18

.$1,116,285.72

Total.

Total_______________ $1,116,285.72

GRANT COUNTY BANK, SHERIDAN
Population, 1,338. Grant County
Chartered July 29, 1903.

Transit Number 81-432

Officers
J. A. McCoy----------------------President
A. L. Blakely_________Vice President
Coats A. Mitchell___________ Cashier

A. L. Blakely
O. P. Cearley
O. R. Kelly

Resources
Loans and discounts_____$ 85,126.18
Loans on commodities___
2,200.00
U. S. Gov’t obligations____ 352,178.00
Other bonds and securities.
4,000.00
1,250.00
Furniture and fixtures___
Banking house__ ________
1.00
Cash and due from banks._ 207,010.16

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
Undivided p r o fits ________ 15,318.73
Demand deposits_________ 481,099.63
Time d eposits___________ 20,128.76
Public fu n d s_____________ 85,218.22
Total deposits .$586,446.61

Total




$651,765.34

Total.

Directors
C. A. McCoy
J. A. McCoy
Coats A. Mitchell

$651,765.34

State of Arkansas: Bank Department

88

BANK OF SHERRILL, SHERRILL
Population, 258.

Jefferson County

Chartered August 13, 1913.

Transit Number 81-556

Officers
A. R. Merritt-------------------- President
Jim G. Ford__________Vice President
Mrs. A. R. Merritt___________ Cashier

Directors
J. M. Barrett, Jr.
Jim G. Ford
E. L. Burgess
A. R. Merritt
R. P. Cratin

Resources
Loans and discounts______$ 32,432.58
Loans on commodities_____
3,971.07
Overdrafts ______
2.35
U. S. Gov’t obligations___ 116,850.00
Other bonds and securities- 56,282.90
600.00
Furniture and fixtures___
Banking house----------------3,000.00
Cash and due from banks— 131,403.56
Other resources________—
6.89

Liabilities
Capital stock *___________ $ 25,000.00
Surplus f u n d ____________
6,000.00
Undivided p r o fits ________
3,011.07
Reserves ________________
7,750.00
Demand deposits_________ 226,048.32
Time deposits___________ 45,479.70
Public funds ____________ 31,260.26
Total deposits -$302,788.28

Total_________________ $344,549.35•
*

Total— . _____________ $344,549.35

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

BANK OF SIDNEY, SIDNEY
Population, 153. Sharp County
Chartered September 23, 1912. Transit Number 81-522
Officers
J. W. McGee----------------------President
O. S. Westmoreland___ Vice President
R. C. Pounders----------------------Cashier
Mrs. R. C. Pounders___ Asst. Cashier
Resources
Loans and discounts_____ $
Overdrafts ______________
U. S. Gov’t obligations___
Other bonds and securitiesFurniture and fixtures___
Banking house___________
Cash and due from banks_
Total




10,988.77
16.03
68,780.00
10,650.00
770.00
850.00
65,109.70

$157,164.50

J. W. McGee
R. C. Pounders

Directors
O. S. Westmoreland

Liabilities
Capital s to ck _________ ___ $ 5,000.00
Surplus fu n d ____________
3,800.00
471.42
Undivided p r o fits -----------Demand deposits_________ 146,872.40
Public fu n d s_____________
1,020.68
Total deposits -$147,893.08
Total

$157,164.50

89

Twenty-Ninth Annual Report

BRATT-WASSON BANK. SILOAM SPRINGS
Population, 2,764.
Chartered April 8, 1932.

Benton County
Transit Number 81-706

Officers
Marion W asson ________ President
Vol W asson _________ Vice President
Sadie M onroe_______ Vice President
Tom W hiteside_____________ Cashier
Elsie Sum ner_________Asst. Cashier

Directors
Sadie Monroe
Vol Wasson
G. K. Wasson
Tom Whiteside
Marion Wasson

Resources
Loans and discounts___ $
Overdrafts _____________
U. S. Gov’t obligations_
Other bonds and securities
Furniture and fixtures-_
Banking house ________
Other real e s t a t e .------Cash and due from banks.
Other resources________

193,120.45
490.13
512,450.00
111,244.65
4,000.00
6,800.00
1,653.00
773,619.97
11,750.00

Liabilities
Capital s to c k * _________$ 40,000.00
Surplus fund __________
8,500.00
Undivided p r o fit s ______
8,383.36
Reserves _ ____________
13,800.00
Demand deposits_______ 1,304,555.34
Time deposits _________
133,121.52
War loan deposits______
58,135.88
Public fu n d s ___________
48,632.10
Total deposits$l,544,444.84

Total_______________ $1,615,128.20

Total_____________ ..$1,615,128.20

*

First preferred stock with par value of $13,800.00 and common stock with par value of $26,200.00.

SMACKOVER STATE BANK, SMACKOVER
Population, 2,235. Union County
Chartered April 18, 1928.
J.
M.
L.
R.

Officers
E. Berry------- ---------------President
L. Berg-------- 1____ Vice President
E. Tennyson, Jr------------- Cashier
N. Manley__________Asst. Cashier

Resources
Loans and discounts______$116,126.36
U. S. Gov’t obligations___ 100,056.39
Other bonds and securities. 112,203.03
Furniture and fixtures___
4,273.54
Banking house __________
4,000.00
Cash and due from banks_ 480,789.19
Other resou rces_________
3,506.20

Total




$820,954.71

Transit Number 81-654
H. L. Berg
M. L. Berg
J. E. Berry

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

Liabilities
Capital s to c k ____________ $ 25,000.00
Surplus fu n d ____________ 25,000.00
9,059.37
Undivided p ro fits ________
Reserves ________________
4,518.84
Demand deposits_________ 596,764.74
Time deposits___________ 68,432.07
War loan deposits________ 64,244.84
Public funds ____________ 27,934.85
Total deposits .$757,376.50
Total

.$820,954.71

90

State of Arkansas: Bank Department

CITIZENS BANK, SMITHVILLE
Population, 250.

Lawrence County

Chartered March 23, 1901.

Transit Number ,81-434

Officers
Cleo Holt ------------------------- President
Mrs. J. M. Street_____ Vice President
Luke Johnston _____________ Cashier
M. A. Conyers--------------- Asst. Cashier

Cleo Holt
Luke Johnston
G. W. Perkens

Resources
Loans and discounts______$ 39,639.05
Overdrafts ______________
805.69
U. S. Gov’t obligations___ 279,550.00
Other bonds and securities126.82
Banking h o u se __________
300.00
Furniture and fixtures___
100.00
Cash and due from banks._ 190,819.59
Other resources__________
212.36

Liabilities
Capital s to c k ____________ $ 10,000.00
Surplus f u n d ____________
5,000.00
Undivided p r o fits ________
3,409.61
Reserves ________________
1,000.00
Demand deposits_________ 460,060.70
Public funds ____________ 32,083.20
Total deposits .$492,143.90

Total_________________ $511,553.51

Total_________________ $511,553.51

Directors
Eagle Street
Mrs. J. M. Street

MERCHANTS AND PLANTERS BANK, SPARKMAN
Population, 840. Dallas County
Chartered September 19, 1916.
C.
S.
C.
R.

Officers
F. Sturgis-------------------- President
B. Horne__________Vice President
E. Hays________________ Cashier
A. Littrell--------------- Asst. Cashier

Resources
Loans and discounts_____ $ 62,316.79
Loans on commodities___ 166,095.30
U. S. Gov’t obligations___ 155,000.00
Other bonds and securities. 13,842.97
Furniture and fixtures___
300.00
Banking house___________
2,400.00
Other real estate_________
1.00
Cash and due from banks._ 199,421.93

Transit Number 81-581

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

Directors
W. P. Sturgis
P. H. Taylor

Liabilities
Capital s to ck ____________ $ 10,000.00
Surplus fu n d ____________ 12,500.00
Undivided p r o fits ________
1,535.56
Demand deposits_________ 510,537.29
Time deposits ___________ 29,889.05
Public fu n d s_____________ 34,883.24
Total deposits .$575,309.58
Other liabilities__________

Total




$599,377.99

Total.

32.85
$599,377.99

91

Twenty-Ninth Annual Report

FIRST STATE BANK, SPRINGDALE
Population, 3,319.

Washington County

Chartered February 12, 1923.

Transit Number 81-856

Officers
Tom H a r g is ______________President
Shelby F o r d ________ Vice President
J. R. Joyce_________ Vice President
J. S. Watts_________ Vice President
T. L. Fowler_______________ Cashier
Elmer Johnson, Jr_____ Asst. Cashier

Shelby Ford
T. L. Fowler
Tom Hargis
Elmer Johnson
J. R. Joyce

Resources
Loans and discounts___ $ 315,998.01
U. S. Gov’t obligations. _ 458,847.19
Other bonds and securities
72,203.03
1.400.00
Furniture and fixtures._
7.800.00
Banking h ou se _________
Other real estate_______
640.00
Cash and due from banks. 681,072.70

Liabilities
Capital s t o c k __________$ 40,000.00
Surplus fund __________
5,000.00
Undivided p r o fit s _____^
10,661.89
Demand deposits_______ 1,103,268.58
Time deposits _________
334,519.44
Public fu n d s ___________
44,511.02
Total deposits$l,482,299.04

Total_______________ $1,537,960.93

Total_______________ $1,537,960.93

Directors
Dr. C. P. Sisco
Joe M. Steele
J. S. Watts
S. R. Wilson

BODCAW BANK, STAMPS
Population, 2,405. LaFayette County
Chartered December 8, 1902.

Transit Number 81-436

Officers
C. L. Cabe------------------------- President
Dr. F. E. Baker---------Vice President
J. C. Cabe------------------Vice President
A. P. Beasley______________ Cashier
R. H. Duty____________ Asst. Cashier

Directors
Dr. F. E. Baker
R. T. Boulware
A. P. Beasley
C. L. Cabe
W. R. Boney
J. C. Cabe

Resources
Loans and discounts______$102,168.74
Loans on commodities___ 38,300.03
U. S. Gov’t obligations__ 217,900.00
Other bonds and securities. 165,107.94
Furniture and fixtures___
100.00
Banking house __________
1,000.00
Other real estate.________
17.00
Cash and due from banks_ 348,066.61
Other resources__________
3.00

Liabilities
Capital s to c k ____________ $ 50,000.00
Surplus fu n d ____________ 30,000.00
Undivided p ro fits ________ 35,494.14
Reserves ________________
20,536.02
Demand deposits_________ 556,213.89
Time deposits________
120,935.68
Public fu n d s_____________ 59,483.59
Total deposits .$736,633.16

Total




.$872,663.32

Total

$872,663.32

92

State of Arkansas: Bank Department

BANK OF STAR CITY, STAR CITY
Population, 1,090.
Chartered April 7, 1925.

Lincoln County
Transit Number 81-437

Officers
W. R. Alsobrook___________ President
A. J. Johnson------------- Vice President
Paul O ffu t t ________________ Cashier
Isaac Chambers ______Asst. Cashier

Directors
W. R. Alsobrook
A. J. Johnson
Isaac Chambers
Paul Offutt
J. D. Cogbill
G. D. Smith
Clyde E. Fish

Resources
Loans and discounts______$ 85,144.09
U. S. Gov’t obligations___ 218,575.00
Other bonds and securities- 34,857.50
Furniture and fixtures-----2,100.00
Banking house___________
5,000.00
Other real estate_________
3.00
Cash and due from banks._ 188,704.04

Liabilities
Capital s to ck ____________ $ 20,000.00
Surplus fu n d ____________ 20,000.00
Undivided p r o fits ________ 18,868.75
Reserves ________________
3,320.00
Demand deposits_________ 305,824.34
Time deposits___________ 52,237.77
Public funds ____________ 99,562.20
Deposits of banks________ 14,570.57
Total deposits _$472,194.88

Total_________________ $534,383.63

Total_________________ $534,383.63

CITIZENS BANK, STRONG
Population, 762.
Chartered January 19, 1931.

Union County
Transit Number 81-441

Officers
O. B. Clark_______________ President
R. A. Burgess------------Vice President
M. L. Sumners______________ Cashier
Barron F in n ey________Asst. Cashier

C. B. Bird
R. A. Burgess
O. B. Clark

Resources
Loans and discounts---------$ 40,089.14
Loans on commodities___ 20,000.00
Overdrafts _ ------------- -—
7.50
U. S. Gov’t obligations___ 140,979.50
Other bonds and securities.
1,753.40
Furniture and fixtures__
200.00
Banking h o u se __________
675.00
Other real estate____ ____
557.96
Cash and due from banks— 231,732.17

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________
6,000.00
Undivided p ro fits ________ 16,419.65
Reserves ________________
692.82
Demand deposits______ ,_ 344,452.67
Time deposits___________ 16,115.17
War loan deposits_______ 16,729.36
Public funds _____
10,585.00
Total deposits .$387,882.20

Total




.$435,994.67

Total

Directors
A. P. Kirby
Zach McClendon

.$435,994.67

Twenty-Ninth Annual Report

93

CITIZENS BANK, TILLAR
Population, 229.

Drew County

Chartered July 28, 1913.

Transit Number 81-446

Officers
E. S. Terral------- :—--------- President
C. H. Kimbro------------- Vice President
J. H. Kimbro_______________ Cashier
V. C. Harrell_________Asst. Cashier

V. C. Harrell
C. H. Kimbro
J. H. Kimbro

Directors
E. S. Terral
W. S. Wood

Resources
Loans and discounts-____ $ 12,189.77
Overdrafts _ ____________
26.36
U. S. Gov’t obligations___ 106,600.00
Other bonds and securities- 64,884.41
Furniture and fixtures___
509.34
2,266.73
Banking house __________
Other real estate_________
1.00
Cash and due from banks__ 146,235.11
Other resou rces_________
33.97

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 15,000.00
Undivided profits
______ 11,874.77
Demand d eposits________ 237,482.01
War loan deposits________ 29,940.93
Public funds ____________ 13,448.98
Total deposits -$280,871.92

Total_________________ $332,746.69

Total_________________ $332,746.69

BANK OF TRUMANN, TRUMANN
Population, 3,381.

Poinsett County

Chartered October 26, 1911.
Officers

Transit Number 81-488
Directors

J. A. Cash-------------------------President
Geo. O. Campbell_____ Vice President
M. T. Byrn__________ Vice President
Earl Yarbrough ________ ____Cashier
Edith W atk in s________Asst. Cashier

M. T. Byrn
Geo. O. Campbell
Geo. B. Cash

Resources
Loans and discounts----- $ 341,470.30
Loans on commodities—
30,053.84
1,106.75
Overdrafts _ __________
U. S. Gov’t obligations—
38,000.00
Other bonds and securities
8,000.00
Furniture and fixtures—
1.00
Banking h ou se_________
2,000.00
Other real estate---------1.00
Cash and due from banks- 862,234.31

Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus f u n d __________
50,000.00
Undivided p r o fit s __________________ 20,656.87
Reserves ______________
14,327.13
Demand deposits_______ 1,042,862.80
Time deposits _________
13,360.00
Public fu n d s ___________
91,660.40
Total deposits$l,147,883.20

Total________________ $1,282,867.20




J. A. Cash
Norris C. Taylor

Total________________ $1,282,867.20

94

State of Arkansas: Bank Department

BANK OF TUCKERMAN, TUGKERMAN
Population, 875.

Jackson County

Chartered November 8, 1902.

Transit Number 81-448

Officers
F. L. Penix_______________ President
R. 0. Norris__________Vice President
O. B. Armstrong____________ Cashier
Chas. S h aver_________Asst. Cashier

Directors
O. B. Armstrong
F. L. Penix
D. C. Dowell
A. S. Riegler
R. O. Norris

Resources
Loans and discounts______$ 74,159.21
Uv S. Gov’t obligations___ 26,609.51
Other bonds and securities.
2,546.70
1,000.00
Furniture and fixtures___
Banking house __________
4,000.00
Cash and due from banks_ 543,733.75

Liabilities
Capital s to ck ____________ $ 25,0015.00
Surplus fu n d ____________
6,000.00
Undivided p r o fits ________
9,603.36
Demand d eposits________ 479,349.10
Time deposits___________ 49,239.79
Public funds ____________ 82,856.92
Total deposits .$611,445.81

Total________________ $652,049.17

Total________________ $652,049.17

BANK OF TUPELO, TUPELO
Population, 249.
Chartered May 25, 1919.
Officers
J. H. Snapp---------------------- President
Tom J. Looney________Vice President
H. C. Giles_________________ Cashier
Resources
Loans and discounts---------$ 27,729.42
Cash and due from banks— 131,644.16

Total




.$159,373.58

Jackson County
Transit Number 81-610
H. C. Giles
Tom J. Looney

Directors
J. H. Snapp

Liabilities
Capital s to ck ___________ $ 10,000.00
Surplus fu n d ___________
3,000.00
Undivided p r o fits ________
2,647.06
Demand d eposits________ 128,687.30
Public fu n d s ____________ 15,039.22
Total deposits .$143,726.52
Total

$159,373.58

95

Twenty-Ninth Anmial Report

CITIZENS BANK AND TRUST COMPANY, VAN BUREN
Population, 5,422.

Crawford County

Chartered December 20, 1910.

Transit Numbetf 81-101

Officers
David T. Bryan______ _____ President
Robert W. Geliy_____ Vice President
Frank D. Pape_______ _______Cashier
Wm. E. Neal_________..Asst. Cashier

Directors
David T. Bryan
Joe C. McKinney
Harry W. Bryan
Frank D. Pape
Robert W. Geliy

Resources
Loans and discounts___ $ 28,360.11
U. S. Gov’t obligations— 747,231.21
Other bonds and securities 242,923.69
Banking house ________
7,500.00
Other real estate_______
1.00
Cash and due from banks. 354,891.38

Liabilities
Capital s t o c k __________$ 50.000. 00
25.000. 00
Surplus fund __________
Undivided p r o fits ______
27,574.58
843.86
Reserves _ ____________
Demand deposits_______ 903,039.66
Time deposits _________ 280,076.90
94,372.39
Public funds __________
Total deposits$l,277,488.95

Total_______________ $1,380,907.39

Total_______________ $1,380,907.39

PEOPLES BANK AND TRUST COMPANY, VAN BUREN
Population, 5,422.
Chartered August 12, 1933.
Officers
J. J. Izard________________ President
Dell Miller__ Vice Pres, and Cashier
Resources
Loans and discounts___ $ 63,904.56
Overdrafts _ __________
38.94
U. S. Gov’t obligations_ 609,602.37
Other bonds and securities
95,956.01
Furniture and fixtures_
1,900.00
Banking h ou se_________
6,700.00
Other real estate_______
1.00
Cash and due from banks. 518,464^.07
Total




$1,296,566.95

Crawford County
Transit Number 81-100
Hal Brown
C. J. Franklin
J. J. Izard

Directors
A. W. Meier
Dell Miller
W. H. Phillips

Liabilities
Capital s t o c k __________$ 50,000.00
Surplus fund __________
20,000.00
Undivided p r o fit s --------9,281.72
Demand deposits---------863,552.37
Time deposits__________
187,932.03
War loan deposits______
61,937.50
Public fu n d s ----------------103,863.33
Total deposits$l,217,285.23
Total.

$1,296,566.95

96

State of Arkansas: Bank Department

BANK OF WALDO, WALDO
Population, 1,240.

Columbia County

Chartered September 2, 1899.

Transit Number 81-265

Officers
Ivie E. Howell----- 1__ L____President
W. S. McKissack____ Vice President
J. Thurston Howell________ ^-Cashier

Directors
Ivie E. Howell
W. S. McKissack
J. Thurston Howell

Resources
Loans and discounts---------$ 56,391.83
Loans on commodities___ 65,200.00
U. S. Gov’t obligations----- 131,554.94
Other bonds and securities, 17,956.50
Furniture and fixtures___
650.00
Banking h o u s e __________
3,000.00
Other real estate_________
140.15
Cash and due from banks-- 131,257.96
Other resources-------------420.15

Liabilities
Capital sto ck * ___________ $ 25,000.00
Surplus fu n d __ _________
5,000.00
Undivided p r o fits ___ ____
585.39
Reserves________________
5,608.00
Demand d eposits________ 278,347.07
Time deposits___________ 21,211.05
War loan deposits________ 46,919.98:
Public funds ____________ 23,900.04
Total deposits -$370,378.14

Total________________ $406,571.53

Total_________________$406,571.53

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

THE PEOPLES BANK, WALDO
Population, 1,240.
Chartered June 22, 1910.

Columbia County
Transit Number 81-266

Officers
H. A. Fincher-------------------- President
J. E. O’Daniel------------Vice President
Miss B. L. Fincher__________ Cashier
Miss M. T. Wooldridge__Asst.Cashier

Directors
E. F. Fincher
W. O. Fincher
G. L. Fincher
J. E. O’Daniel
H. A. Fincher

Resources
Loans and discounts_j.___$ 67,165.58
Loans on commodities__ 36,465.46
U; S. Gov’t obligations___ 212,900.00
Other bonds and securities- 63,287.25
Furniture and fixtures-----1.00
Banking h o u s e --------------2,500.00
Other real estate_________
2.00
Cash and due from banks_ 219,296.40

Liabilities
Capital s to ck ____________ $ 25,000.00
Surplus fu n d ____________ 10,000.00
Undivided p r o fits ________
5,198.53
Demand deposits_________ 472,942.90
Time deposits ___________ 44,047.62
War loan deposits________
2,906.25
Public funds ____________ 41,522.39
Total deposits -$561,419.16

Total




$601,617.69

Total

$601,617.69

Twenty-Ninth Annual Report

97

BANK OF WALDRON, WALDRON
Population, 1,298.

Scott County-

Chartered April 3, 1901. Transit Number 81-239
Officers
W. B. Piles----------------------President
C. E. Forrester_______ Vice President
M. C. Bird----------------------------Cashier
Mollie E. Center--------Asst. Cashier

Directors
W. A. Bates
C. E. Forrester
M. C. Bird
J. K. May
Mollie E. Center
W. S. Mitchell
Gene Davidson
W. B. Piles
Miles Dozier

Resources
Loans and discounts----- $ 131,586.42
Loans on commodities__
20,300.00
Overdrafts _ __________
268.70
U. S. Gov't obligations— 510,750.00
Other bonds and securities
58,512.32
Furniture and fixtures-_
1,200.00
Banking house ________
4,000.00
Cash and due from banks. 431,313.62
Other resources-----------2,701.00

Liabilities
Capital s t o c k --------------- $ 50,000.00
Surplus f u n d --------------23,000.00
Undivided p r o fit s ______
1,943.51
Demand deposits _______ 806,073.70
Time deposits--------------125,228.80
War loan deposits______
39,812.50
Public fu n d s ___________
114,573.55
Total deposits$l,085,688.55

Total_______________ |1,160,632.06

Total.______________ $1,160,632.06

MERCHANTS AND PLANTERS BANK, WARREN
Population, 2,516.
Chartered March 15, 1890.
Officers
Carl H o llis _______________ President
G. B. Colvin__________Vice President
F. M. H olt._________________Cashier
A. L. Moody__________ Asst. Cashier
Helen N. Harris______ Asst. Cashier
Resources
Loans and discounts.----- $
Loans on commodities_
Overdrafts _ --------------U. S. Gov’t obligations—
Other bonds and securities
Furniture and fixtures—
Banking h ou se-------------Other real estate---------Cash and due from banks.
Other resources-----------T otal. ____$1,549,697.62




202,357.07
24,650.00
22.47
407,940.75
276,802.99
1,139.87
17,131.50
2,305.00
613,7*60.06
3,587.91

Bradley County
Transit Number 81-159
G. B. Colvin
Carl Hollis
F. M. Holt
J. P. Lambert
Bryan Martin

Directors
J. E. Stewart
J. C. Thompson
Arthur Weiss
O. W. Wheless

Liabilities
Capital s t o c k __________$ 75,000.00
Surplus fund __________
25,000.00
Undivided profits _______
25,681.71
Demand deposits ______ 827,702.99
Time deposits _________ 422,733.75
War loan deposits______
83,153.32
Public funds __________
83,618.85
Deposits of banks______
6,807.00
Total deposits$l,424,015.91
Total______ ________$1,549,697.62

m

State of Arkansas: Bank Department

WARREN BANK, WARREN
Population, 2,516.

Bradley County

Chartered December 28, 1901.

Transit Number 81-160

Officers
Louis Ederington__________President
B. W. Martin__________Vice President
C. L. Tarleton___ V. Pres, and Cashier
M. C. Singer---------------- Asst. Cashier
M. S. Thompson______:_Asst. Cashier

Directors
John T. Ederington
B. W. Martin
Louis Ederington
S. B. Meek, Jr.
J. B. Frazer
Karl Neal
J. R. Gannaway
C. L. Tarleton

Resources
Loans and discounts____ $
Loans on commodities__
Overdrafts_____________
U. S. Gov’t obligations._
Other bonds and securities
Furniture and fixtures_
Banking h ou se_________
Other real estate________
Cash and due from banks
Other resources ________

Liabilities
Capital S to c k __________$ 75.000. 00
Surplus fu n d ___________
25.000. 00
Undivided p rofits_______
15,554.66
4,047.90
Reserves ______________
Demand deposits_______ 746,819.41
Time deposits__________
307,604.94
War loan deposits_______
87,849.15
Public fu n d s ___________
64,810.88
Total dep___$1,207,084.38

Total

170,151.97
15.096.00
1,294.51
398,600.00
152,077.65
2,777.87
20.863.00
1,902.00
563,922.94
1.00

$1,326,686.94

Total

$1,326,686.94

BANK OF WEINER, WEINER
Population, 447.
Chartered April 2, 1909.

Poinsett County
Transit Number 81-456

Officers
L. Hogue ________________ President
Wm. K napple________Vice President
E. E. Hogue________________ .Cashier
Margaret H u b er_____ Asst. Cashier
Mrs. Guy French_____ Asst. Cashier

Directors
E. E. Hogue
Carl Huffman
L. Hogue
Wm. Knapple
Albert Huber
R. A. Ziegenhorn
Mrs. J. B. Huber

Resources
Loans and discounts---------$ 43,967.46
Overdrafts ______1----------345.93
U. S. Gov’t obligations___ 101,600.00
Other bonds and securities.
805.74
Furniture and fixtures----600.00
Banking h o u s e __________
400.00
Cash and due from banks_ 616,766.11

Liabilities
Capital s to ck ____________ $ 20,000.00
Surplus fu n d ____________ 15,000.00
Undivided p r o fits ________ 12,636.36
Demand deposits ________ 657,436.14
Time deposits----------------- 40,586.31
Public fu n d s_____________ 18,826.43
Total deposits -$716,848.88

Total




$764,485.24

Total

$764,485.24

99

Twenty-Ninth Annual Report

BANK OF WEST MEMPHIS, WEST MEMPHIS
Population, 3,369.
Chartered April 21, 1928.

Crittenden County
Transit Number 81-695

Officers
E. J. White_______________ President
Wm. H. Hundhausen__Vice President
J. E. Fleming_______________ Cashier
Kathleen Y o k le y ______Asst. Cashier

Directors
G. M. Coleman
H. E. Thompson
Wm. H. Hundhausen D. B. Woollard
Cecil Oliver
E. J. White
Arthur Russell

Resources
Loans and discounts___ $ 125,922.91
Loans on commodities._
24,870.00
U. S. Gov’t obligations. _ 382,000.00
Other bonds and securities
94,722.95
Furniture and fixtures._
2,000.00
Cash and due from banks.
628,720.65

Liabilities
Capital s t o c k __________ $ 25,000.00
Surplus fund __________
40,000.00
Undivided p r o fit s ______
4,744.36
Demand deposits_______
954,968.59
Time deposits__________
84,726.54
Public fu n d s ___________
143,797.02
Deposits of banks______
5,000.00
Total deposits$l,188,492.15

Total_______________ $1,258,236.51

Total_______________ $1,258,236.51

MERCHANTS AND PLANTERS BANK, WEST MEMPHIS
Population, 3,369.
Chartered August 5, 1941.

Crittenden County
Transit Number 81-743

Officers
Luther Wallin __________ President
J. C. McCaa__________Vice President
R. E. Robertson_____________ Cashier
W. A. Lancaster________Asst. Cashier

Directors
John A. Cooper
R. E. Robertson
Stacy McAdams
John M. Smith
J. C. McCaa
Luther Wallin
W. L. McKee
J. W. Young

Resources
Loans and discounts_$143,779.23
Loans on commodities____
575.00
U, S. Gov’t obligations_ 344,661.82
Other bonds and securities. 31,934.49
Furniture and fixtures___
5,313,28
Cash and due from banks_412,251.58

Liabilities
Capital s to ck ____________ $ 50,000.00
Surplus f u n d ____________ 10,000.00
Undivided p ro fits ________
1,693.49
Demand d eposits________ 633,152.01
Time deposits___________ 23,476.06
War loan deposits________ 123,066.81
Public fun ds_____________ 58,576.96
Deposits of banks________ 38,379.07
Total deposits .$876,650.91
Other liabilities

Total_________________ $938,515.40




171.00

Total_________________ $938,515.40

100

State of Arkansas: Bank Department

RICE GROWERS BANK, WHEATLEY
Population, 362.

St. Francis County

Chartered September 27, 1909.

Transit Number 81-458

Officers
H. K. Smith, Jr___________ President
S. P. Brownlee, Jr____ Vice President
and Cashier
Miss Ruth Miller---------Asst. Cashier

Directors
S. P. Brownlee, Jr.
H. K. Smith, Jr.
May me Lyon

Resources
Loans and discounts_$120,835.48
Loans on commodities_____ 19,045.96
Overdrafts _ ____________
248.54
U. S. Gov’t obligations_ 176,582.50
Furniture and fixtures____
3,150.00
Banking h o u se _____
3,600.00
Other real estate-----1.00
Cash and due from banks__ 94,868.87

Liabilities
Capital s to ck ____________ $ 20,000.00
Surplus fu n d ____________ 10,000.00
Undivided p r o fits ________
4,970.19
Reserves ________________
2,000.00
Demand d eposits________ 308,095.41
Time deposits___________ 44,471.07
Public fu n d s ___ _________ 28,795.68
Total deposits _$381,362.16

Total_________________ $418,332.35

Total_________________ $418,332.35

WILMOT STATE BANK, WILMOT
Population, 625.
Chartered October 25, 1937.

Ashley County
Transit Number 81-738

Officers
W. N. Wilhite____________ President
M. C. Crandall________Vice President
W. B. Davis________________ Cashier

Directors
M. C. Crandall
J. B. Shackelford
Vesta P. DeYampert G. B. Stovall
E. H. Dunning
W. N. Wilhite

Resources
Loans and discounts---------$ 29,483.25
Loans on commodities------- 11,600.00
U. S. Gov’t obligations___ 16,100.00
Cash and due from banks— 290,862.22

Liabilities
Capital s to ck ____________ $ 25,000.00
5,000.00
Surplus fu n d ____________
Undivided p ro fits ________ 11,353.14
81.80
Reserves ________________
Demand deposits_________ 274,345.47
Public fu n d s_____________ 32,265.06
Total deposits _$306,610.53

Total




$348,045.47

Total

$348,045.47

Twenty-Ninth Annual Report

101

BANK OF WILSON, WILSON
Population, 1,500.

Mississippi County

Chartered October 3, 1908.

Transit Number 81-462

Officers
J. H. Crain------------------------ President
Benton G arrett_______Vice President
W. 0. Frazier_______________ Cashier

Directors
J. E. Crain
C. J. Lowrance, Jr.
J. H. Crain
S. A. Regenold
Benton Garrett

Resources
Loans and discounts__ ._$ 442,957.25
Loans on commodities..
359,355.00
Overdrafts___________
82.43
2,355.15
Furniture and fixtures.
Cash and due from banks _ 1,139,096.32

Liabilities
Capital s t o c k __________ $ 50,000.00
Surplus fund __________
150,000.00
Undivided p r o fit s ______
16,173.25
Reserves _ ____________
5,679.62
Demand deposits_______ 1,469,936.61
Time deposits__________
96,996.22
Public fu n d s ----------------- 155,060.45
Total deposits$l,721,993.28

Total_______________ $1,943,846.15

Total_______________ $1,943,846.15

CROSS COUNTY BANK, WYNNE
Population, 3,633.
Chartered June 5, 1891.

Cross County
Transit Number 81-151

Officers
Dave B lo c k _______________President
H. K. Barwick, Jr------ Vice President
J. W. Lipscomb_____________ Cashier
Wallace E ldridge______Asst. Cashier

Directors
H. K. Barwick, Jr. J. C. Hilliard
J. W. Lipscomb
Dave Block
David Drexler
W. W. Shaver, Jr.
D. M. Hamrick
H. Steinberg

Resources
Loans and discounts___ $ 463,187.54
Loans on commodities__
9,890.00
969.06
Overdrafts _ --------------U. S. Gov’t obligations_ 343,200.00
Other bonds and securities
86,935.50
Furniture and fixtures_
700.00
Banking h ou se_________
3,000.00
Cash and due from banks- 277,619.49

Liabilities
Capital s t o c k __________ $ 30.000. 00
Surplus f u n d ---------- ,___
30.000.00
23,658.44
Undivided p r o fit s ______
Demand deposits_______ 783.024.87
109.134.87
Time deposits _________
209,683.41
Public fu n d s ___________
Total deposits$l,101,843.15

Total_______________ $1,185,501.59




Total_______________ $1,185,501.59




REPORT
OF
BUILDING AND LOAN DIVISION




AND
SECURITIES DIVISION

104

State of Arkansas: Bank Department

BUILDING AND LOAN DIVISION
December 31, 1942

Statement of State Chartered Building and Loan Associations
(Eight Active and Five Voluntarily Liquidating)
Compiled from Annual Reports Rendered to the Arkansas
State Bank Department as of December 31, 1942




Twenty-Ninth Annual Report
COMBINED STATEMENT OF THE EIGHT ACTIVE STATE
CHARTERED BUILDING AND LOAN ASSOCIATIONS
AS OF DECEMBER 31, 1942
Resources
Cash on hand and in banks------------------------------------------ $ 340,894.48
Stock in Federal Home Loan Bank------------------------------29,700.00
U. S. Government Securities___________________________ 136,805.00
Other Investment Securities___________________________
45,293.00
First Mortgage Direct Reduction Loans_________________ 2,551,121.52
First Mortgage Sinking Fund Loans__________________
159,941.12
First Mortgage Straight Loans------------- --------------------9,106.30
Loans secured by shares of the Association-----------------14,131.01
Loans on all other securities----------------------------------------1,999.98
3,614.72
Advances for taxes and insurance on loans__ __________
Accrued Interest on Mortgage Loans---------------------------3,127.85
Real Estate Owned— Office Building___________________
9,250.00
Real Estate Owned— Other_____________________________
32,509.66
Real Estate Sold on Contract__________________________ 110,718.69
Furniture and Fixtures--------------1,744.12
Other Assets ________________________________________
6,960.37
Other Assets—Deferred Charges______________________
26.50
$3,456,944.32
Liabilities
Installment Shares—Free---------------------------------------------$ 210,477.24
Optional Payment Shares—Free_______________________
150,532.36
Prepaid Shares—F r e e _________________________________
47,370.85
Full Paid Shares—Free__________
1,989,410.00
Mortgage Pledged Shares__________________
66,236.90
H. O. L. C. Full Paid Shares_________________________
57,500.00
40,000.00
Permanent or Guaranty Stock________________________
Advances from Federal Home Loan Bank_____________
45,085.00
Bill Payable (from bank and individuals)_______________
4,250.00
Accrued Interest (on advances)______________________
90.60
Deposits _ ------------------------------------------------------123,525.29
Accrued Interest (on deposits)_______________________
2,646.00
Loans in Process_____________________________________
11,423.31
13,673.41
Advance payments by borrowers (Unapplied Cr.)--------Deferred Credits ____________________________________
8,^59.82
Accounts Payable ________________
6,374.48
Bonus on shares______________________________________
930.49
Other liabilities ________________________________ :_____
6,253.75
General reserves:
For Legal Reserve_______________________________
106,128.66
For Federal Insurance___________________________
36,758.46
For Contingencies ________________________
58,373.61
For Real Estate Reserve_________________________
200,774.94
Specific Reserves:
For uncollected interest______ ________
252.10
Undivided Profits ____________________________________
270,417.05
$3,456,944.32
Total number of members_____________________________
2,719
Total amount of loans made during the year 1942---------$ 885,939.33




106

State of Arkansas: Bank Department

MISSISSIPPI COUNTY BUILDING AND LOAN ASSOCIATION
BLYTHEVILLE, ARKANSAS
December 31, 1942
Officers
J. A. Leech_______________President
B. A. Lynch______________ Secretary
Resources
Cash on hand and in banks $ 74,827.22
First mortgage direct re
duction lo a n s __________ 67,395.06
Loans secured by shares of
the association_________
493.69
Advance for taxes and in
surance on real estate__
200.00
$142,915.97

J. A. Leech
B. A. Lynch
J. L. Cherry

Directors
Fred Mathews
Dr. I. R. Johnson
C. A. Cunningham

Liabilities
Full paid shares—free___ $ 67,300.00
Other liabilities__________
90.00
General reserves—for legal
reserve________________
7,000.00
Undivided p r o fits ________ 68,525.97
$142,915.97
Number of members______
74
Total amount of
loans
made during 1942_______$ 26,400.00

FAYETTEVILLE BUILDING AND LOAN ASSOCIATION
FAYETTEVILLE, ARKANSAS
December 31, 1942
A.
N.
W.
ll.

Officers
C. Ucker_______________ President
F. Drake_________Vice President
P. McNair, Jr_________ Secretary
L. Pearson______________ Attorney

Resources
Cash on hand and in banks $ 43,110.19
Stock in Federal Home
Loan B a n k ____________
5,200.00
U. S. Government securi
ties ___________________ 60,000.00
First mortgage direct re
duction lo a n s --------------- 448,054.34
Loans secured by shares of
the association-------------1,590.00
Real estate owned—other__ 13,521.76
Real estate sold on con
tract ___________________ 15,158.03
Furniture and fixtures----1-00




$586,635.32

Directors
A. C. Ucker
Frank Barr
N. F. Drake
Harrison Hale
W. P. McNair, Jr.
H. E. Cravens
H. L. Pearson
Liabilities
Installment shares—free __$ 50,801.92
Optional payment shares—
free ___________________ 11,142.26
Full paid shares—free___ 406,375.00
Mortgage pledged shares_
337.34
General reserves:
For federal insurance.
9,943.98
16,221.43
For contingencies___
Undivided p ro fits ________ 91,813.39
$586,635.32
Number of members_____
256
Total amount of loans made
during 1942 __________ $104,234.37

Twenty-Ninth Annual Report

107

FORREST CITY SAVINGS AND LOAN ASSOCIATION
FORREST CITY, ARKANSAS
December 31, 1942
Officers
Louis M cDaniel___ _______ President
C. W. Norton_____________Secretary

Directors
Louis McDaniel
W. E. Stevens
C. W. Norton
Gazzola Vaccaro
W. W. Campbell
Ed Ash

Resources
Cash on hand and in banks$ 3,307.26
Stock in federal home loan
bank _ _________________
3,000.00
U. S. Government securi
ties ___________________
4,875.00
First mortgage direct re
duction lo a n s __________ 129,839.43
Loans secured by shares of
the association________
935.87
Furniture and fixtures----1.00

Liabilities
Installment shares—free $
Full paid shares—free___
General reserves—for legal
reserve________________
Specific reserves:
For uncollected interestUndivided p r o fits _______

$141,958.56

39,396.46
73,810.00
10,000.00
252.10
18,500.00

$141,958.56
Number of members______
73
Total amount of loans made
during 1942 ___________ $ 25,084.56

UNITED BUILDING AND LOAN ASSOCIATION
FORT SMITH,- ARKANSAS
December 31, 1942
Officers
F. W. Dyke_______________ President
R. A. Young__________Vice President
Nathaniel Dyke, Jr_______ Secretary
Martin T. Dyke_____ Vice Pres, and
Treasurer
Lucille V. Peluso___ Asst. Secretary

Directors
F. W. Dyke
W. V. Boatright
R. A. Young
Brady Pryor
Nathaniel Dyke, Jr. Allen Henderson
Martin T. Dyke
A. R. Noe
R. J. Ross
C. C. Davis
R. B. Cutting

Resources
Cash on hand and in banks $ 71,631.04
Stock in Federal Home
Loan B a n k ____________
5,300.00
U. S. Government securities 25,230.00
First mortgage direct re
duction lo a n s __________ 789,882.34
Loans secured by shares of
1,175.00
the association________
Furniture and fixtures___
633.39
Other assets—deferred
charges _______________
26.50

Liabilities
Installment shares—free $ 47,063.35
Optional payment shares
f r e e __________________
59,991.61
Full paid shares—free___ 680,250.00
H. O. L. C. full paid shares 57,500.00
Advances from
federal
home loan bank________
2,000.00
Loans in process_________, 9,168.06
Advance payment by bor
rowers (unapplied cr.)_ 12,237.46
Deferred Credits ________
5,357.61
Bonus on shares__________
930.49
General reserves:
For federal insurance.
5,021.02
For contingencies___
5,203.43
For real estate reserve
245.00
Undivided p ro fits ________
8,910.24




$893,878.27

$893,878.27
Number of members______
438
Total amount of loans made
during 1942 ___________$321,861.47

108

State of Arkansas: Bank Department

JONESBORO BUILDING AND LOAN ASSOCIATION
JONESBORO, ARKANSAS
December 31, 1942
Officers
E. L. Westbrook, Sr----------- President
J. H. Little, Jr________ Vice President
J. R. Gregson_____________ Secretary
Westbrook and Sigler____ Attorneys

Directors
E.L. Westbrook,Sr. J. B. Hinson
J. H. Little, Jr.
F. J. Gregson
J. R. Gregson
E. L. Westbrook, Jr
C. A. McMean

Resources
Cash on hand and in banks$ 6,084.78
U. S. Government securi
ties ----------------------------2,000.00
Other investment securities
5,000.00
First mortgage direct re
duction loa n s__________ 64,178.53
First mortgage sinking
fund loans ____________
2,500.00
Loans on all other securi
ties ___________________
857.80
Accrued interest on mort
2,827.85
gage lo a n s -----------------Real estate owned—office
building______ ________
7,500.00
Real estate owned—other9,940.20
Real estate sold on contract
9,179.54
1.00
Furniture and fixtures___
Other assets ____________
5,092.66

Liabilities
Installment shares—free $
Full paid shares—free___
Mortgage pledged shares_
Bills payable (from bank
and individuals)_______
Other liabilities _________
General reserves:
For contingencies___
For real estate reserve
Undivided p ro fits ________




$115,162.36

40,722.15
5,300.00
277.00
4,250.00
6,163.75
16,546.62
22,563.46
19,339.38

$115,162.36
Number of m em bers_____
67
Total amount of loans
made during 1942_____ $ 21,715.00

Twenty-Ninth Annual Report

109

PEOPLES BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1942
Officers
W. W. Finch______ Pres, and Secretary W. W. Finch
W. E. Lenon______Chairman of Board W. E. Lenon
Carl H ollis____________Vice President Carl Hollis
W. C. Thomas____Treasurer and Asst.
Secretary
Pearl H in k le__________________ Asst.Secretary
Resources
Cash on hand and in banks $ 36,771.57
Stock in Federal Home
Loan B a n k ____________
8,200.00
Other investment securi
30,045.70
ties ___________________
First mortgage direct re
duction lo a n s __________ 676,128.16
First mortgage straight
356.30
loans _ _______________
Loans secured by shares of
the association-----------7,924.96
Advances for taxes and in
surance on loans---------81.27
Real estate owned—other3,202.76
Real estate sold on contract 60,826.31
Furniture and fixtures----1,000.00




$824,537.03

Directors
W. C. Thomas
C. W. Conway

Liabilities
Installment shares - free__$ 21,715.91
Prepaid shares—f r e e _____ 46,990.39
Full paid shares—free___ 596,075.00
Advances from Federal
Home Loan Bank_______ 16,000.00
Loans in process_________
2,255.25
Advance payment by bor
rowers (unapplied cr.)_
578.13
Accounts payable________
1,290.93
General reserves:
For legal reserve_____ 59,128.66
For federal insurance- 11,300.00
For real estate reserve 53,202.76
Undivided p ro fits ________ 16,000.00
$824,537.03
Number of members_____
677
Total amount of loans
made during 1942_____ $210,300.92

110

State of Arkansas: Bank Department

ARGENTA BUILDING AND LOAN ASSOCIATION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1942
Officers
J. F. Peugh_______________ President
Solon Humphreys_________ Secretary
Lee Miles ________________ Attorney

Directors
J. F. Peugh
Joe W. Pugh
Solon Humphreys Mrs.C.J.Humphreys
Lee Miles

Resources
Cash on hand and in banks $ 97,577.41
Stock in Federal Home
Loan B an k ____________
5,100.00
U. S. Government securi
ties ___________________
42,400.00
Other investment securities 10,079.80
First mortgage direct re
duction loa n s__________ 276,394.49
First mortgage sinking
fund lo a n s ____________
4,500.00
First mortgage straight
8,750.00
loans _ _______________
Loans secured by shares of
the association-------------1,188.03
Advances for taxes and in
surance on loans-----------68.51
Real estate owned— other494.95
Real estate sold on contract
9,902.13

Liabilities
Installment shares—free $ 10,777.45
Optional payment shares
f r e e _____________
79,398.49
Prepaid shares—f r e e _______________380.46
Full paid shares—free___ 160,300.00
Mortgage pledged shares_
4,140.70
Advance payment by bor
rowers (unapplied cr.)_
857.82
Deferred cred its_________
3,102.21
Accounts payable________
5,083.55
General reserves:
For legal reserve____ 30,000.00
For federal insurance, 10,493.46
For contingencies____
9,902.13
For real estate reserve 120,494.95
Undivided p r o fits ________ 21,524.10




$456,455.32

$456,455.32
Number of members_____
792
Total amount of loans made
during 1942 __________ $125,228.00

Twenty-Ninth Annual Report

111

WARREN BUILDING AND LOAN ASSOCIATION
WARREN, ARKANSAS
December 31, 1942
Officers
J. R. Gannaway___________ President
Louis Ederington____ Vice President
B. R. Wardlow_Secretary-Treasurer
B. Ball ___________________ Attorney

Directors
J. R. Gannaway
B. Ball
Louis Ederington
J. B. Frazer
N. R. Herring

Resources
Cash on hand and in banks $ 7,575.01
Stock in Federal Home
Loan B a n k ____________
2,900.00
U. S. Government securi
ties ___________________
2,300.00
Other investment securities
167.50
First mortgage direct re
duction loa n s--------------- 99,249.17
First mortgage sinking
fund loans ------------------ 152,941.12
Loans secured by shares of
823.46
the association---------- Loans on all other securi
1,142.18
ties ------------------------- ;-Advances for taxes and in
3,264.94
surance on loans-----------Accrued interest on mort
300.00
gage lo a n s ---------------—
Real estate owned — office
1,750.00
building----------------------5,349.99
Real estate owned—others
Real estate sold on contract 15,652.68
107.73
Furniture and fixtures----1,867.71
Other assets--------------------

Liabilities
Mortgage pledged shares_$ 61,481.86
Permanent or guaranty
stock _ _______________ 40,000.00
Advances from Federal
Home Loan Bank______ 27,085.00
Accrued interest (on ad
vances) _______________
90.60
Deposits _ ______________ 123,525.29
Accrued interest (on de
posits) ________________
2,646.00
General reserves:
For contingencies___
10,500.00
For real estate reserve
4,268.77
Undivided p ro fits ________ 25,803.97




$295,401.49

$295,401.49
Number of members______
342
Total amount of loans made
during 1942 ___________ $ 51,115.01

112

State of Arkansas: Bank Department

COMBINED STATEMENT OF RESOURCES AND LIABILITIES
OF FIVE VOLUNTARY LIQUIDATING STATE CHARTERED
BUILDING AND LOAN ASSOCIATIONS IN ARKANSAS
AS OF DECEMBER 31, 1942
Resources
First mortgage direct reduction loans_________________ $
Advances for taxes, insurance, etc_____________________
Real estate sold on contract___________________________
Real estate owned _____________________________________
Cash on hand and in bank___________________ _______ ____
Loans on other securities_______________________________
Second mortgage loans
______________________________
Loans secured by sharesof the association_______________
Furniture and fixtures_________________________________
Bills receivable ________________________________________
Real estate notes (vendor’s lien)_______________________
Accrued interest on loans_______________________________
Other investment securities_____________________________
Accrued interest on investments________________________

66,404.87
9,411.94
58,105.04
54,234.38
13,557.57
13,011.18
2,094.70
1,624,75
1,400.00
37,663.62
5,868.58
922.63
2,000.00
35.50

$266,334.76
Liabilities
Optional shares ----------------------------------------------------------- $ 3,651.12
Net free installment shares_____________________________ 25,123.86
Full paid shares--------------------------------------------------------------- 156,494.45
General reserves:
For contingencies _________________________________
3,447.94
Unrealized profits _________________________________ 10,185.76
Prepaid shares ________________________________________
5,479.63
Permanent reserve or guaranty stock____________________ 48,066.00
Interest on full paid stock_________
74.20
Undivided profits __________________________
13,811.80




$266,334.76

Twenty-Ninth Annual Report

113

ARKANSAS SAYINGS AND LOAN ASSOCIATION
HOT SPRINGS, ARKANSAS
December 31, 1942
Officers
Fred Sammons____________ President
M. H ow lett__________ Vice President
Ray S. Smith_____________ Secretary

Directors
Fred Sammons
Archer J. Smith
M. Howlett
K. Butterfield
Ray S. Smith

Resources
First mortgage direct reduc
tion lo a n s ______________ $17,060.62
Real estate sold on contract 12,632.66
Real estate owned_________ 16,789.22
Cash on hand and in bank_10,150.24
Second mortgage loans_____ 2,094.70
Loans secured by shares of
the association__________
743.75
400.00
Furniture and fixtures-------

Liabilities
50.66
Optional shares___________ $
Full paid shares____________ 55,312.50
General reserves—for con
tingencies ______________
463.69
Undivided p r o fits _________ 4,044.34

$59,871.19

$59,871.19

CITIZENS BUILDING AND LOAN ASSOCIATION
JONESBORO, ARKANSAS
December 31, 1942
Officers
Charles A. Stuck_________ President
William R. Stuck_________ Secretary
Resources
First mortgage direct re
duction lo a n s __________$
Advances for taxes, in
surance, e t c ___________
Real estate sold on contract
Real estate owned_______
Cash on hand and in bank_
Loans on other securities--




Directors
Charles A. Stuck Martha G. Stuck
William R. Stuck Miss Florence Stuck

Liabilities
Full paid shares__________$ 85,470.31
17,368.47 General reserves:
For contingencies___
2,984.25
Unrealized p rofits___
10,185.76
9,236.82
7,950.58
45,472.38 Undivided p r o fits ________
19,889.89
1,612.16
13,011.18

$106,590.90

$106,590.90

114

State of Arkansas: Bank Department

EQUITABLE BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1942
Officers
George R o s e ______________ President
H. C. Johnston____________ Secretary

George Rose
H. C. Johnston

Directors
George H. Burden

Resources
Cash on hand and in bank____ $30.13

Liabilities
Full paid shares______________ $ 3.00
Undivided p r o fit s ____________ 27.13

$30.13

$30.13

LEADER BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1942
Officers
Charles M ey er-------------------President
Alexander Weir -Secretary-Treasurer
Resources
First mortgage direct reduc
tion lo a n s ______________ $ 200.00
Real estate owned-------------- 6,000.00
Cash on hand and in bank__ 1,468.23
Loans secured by shares of
881.00
the association--------------Accrued interest on loans—
922.63
Other investment securities- 2,000.00
Accrued interest on invest
ments __________________
35.50




$11,507.36

Charles Meyer

Directors
Alexander Weir

Liabilities
Optional shares___________ $
Net free installment shares
Full paid shares___________
Interest on full paid stock_
Undivided p ro fits _________

3,600.46
5,155.00
1,100.00
74.20
1,577.70

$11,507.36

115

Twenty-Ninth Annual Report

PRUDENTIAL BUILDING AND LOAN ASSOCIATION
LITTLE ROCK, ARKANSAS
December 31, 1942
Officers
R. L. Powell_____________ President
J. N. Moxley--------------------- Secretary

R. L. Powell
J. N. Moxley
H. C. Thomas

Directors
J. L. Schaer
H. S. Nixon

Resources
First mortgage direct reduc
tion lo a n s ______________ $31,775.78
Advances for taxes, insur
ance, etc. ______________
175.12
Real estate owned_________ 11,555.27
Cash on hand and in bank_
296.81
Furniture and fixtures_____ 1,000.00
Bills receivable___________ 37,663,62
Real estate notes (Vendor’s
lien) ___________________
5,868.58

Liabilities
Net free installment shares$19,968.86
Full paid shares___________ 14,608.64
Prepaid sh ares___________ 5,479.63
Permanent reserve or guar
anty s t o c k _____________ 48,066.00
Undivided profits ________
212.05

$88,335.18

$88,335.18










SECURITIES DIVISION
June 30, 1943

*

*

*

*

State of Arkansas: Bank Department

118

COMBINED STATEMENT OF RESOURCES AND LIABILITIES
OF THIRTEEN INDUSTRIAL BANKS IN ARKANSAS AS OF
June 30, 1943
Resources
Loans and discounts ___________________________________$445,633.99
U. S. securities------------------------------------------------------------ 92,120.00
Other bonds andsecurities______________________________ 30,825.53
Furniture and fix tu r e s _________________________________
6,321.77
753.74
Real estate ___________________________________________
Organization expenses ________________________________
5,325.34
Cash on hand and in banks______________________________ 60,548.55
Other resources ______________________________________ 21,019.91
$662,548.83
Liabilities
Preferred stock ------------------------------------------------------------$ 21,251.20
Common stock ________________________________________ 297,660.00
Undivided profits ___________________________
22,999.09
Reserves _ ____________________________________________
9,169.60
Investment certificates ------------------------------------------------- 133,279.48
Bills payable _________________________________________ 129,592.98
Other liabilities _______________________________________ 16,604.83
Surplus _ _____________________________________________
31,991.65




$662,548.83

119

Twenty-Ninth Annual Report

INDUSTRIAL THRIFT & LOAN COMPANY
CAMDEN, ARKANSAS
June 30, 1943
L. M. Stern___
J. E. Gaughan.
C. D. Sanders.

Officers
_______________________ President
__________________ Vice President
_____________ Secretary-Treasurer

Resources
Loans and discounts_____ $ 19,572.74
Cash on hand and in banks 4,942.20
616.87
Other resources__________

Liabilities
Common s to ck ___________$ 25,000.00
112.87
Reserves ________________
16.00
Bills p ayable____________
2.94
Surplus _________________

$ 25,131.81

$ 25,131.81

UNION INVESTMENT COMPANY, INCORPORATED
EL DORADO, ARKANSAS
June 30, 1943
Officers
Clyde E. Byrd__________________
Grady R. Woolley_______________
L. F. Brewer____________________
C. M. Pynes____________________

____ President
.Vice President
____ Secretary
Vice President

Resources
Loans and discounts_____ $ 35,989.74
2,496.68
Furniture and fixtures___
Cash on hand and in banks
2,246.33
Other resources__________
7,892.38

Liabilities
Preferred sto ck __________$ 25,000.00
3,528.25
Undivided p ro fits ________
Reserves ________________
681.38
Bills p ayable____________ 16,266.89
Other liabilities__________
3,148.61

$ 48,625.13

$ 48,625.13

HELENA INDUSTRIAL LOAN CORPORATION
HELENA, ARKANSAS
June 30, 1943
Officers
W. W. Moore, Sr_______________________________ President
W. T. Greer_______________________________Vice President
S. H. Hurst_________________________ Secretary-Treasurer
Resources
Loans and discounts______$ 34,987.00
Cash on hand and in banks 4,357.99
Other resources__________
916.00




$ 40,260.99

Liabilities
Coihmon sto ck __________
Investment certificates __
Bills payable___________
Surplus _________________

17,800.00
13,064.26
7,840.00
1,556.73
$ 40,260.99

120

State of Arkansas: Bank Department

ARKANSAS INVESTMENT COMPANY
HOT SPRINGS, ARKANSAS
June 30, 1943
Officers
E. E. Steigler_____ ___________________________President
G. E. Hogaboom___________________________Vice President
J. Fillmore Meadows_________________ Secretary-Treasurer
Resources
Loans and discounts______$ 49,100.65
U. S. securities___________
5,000.00
Furniture aud fixtures___
433.03
Real estate______________
629.38
Gash on hand and in banks
1,544.72
Other resources__________
1,014.08

Liabilities
Common s to ck ___________ $ 35,000.00
Undivided p ro fits ________
400.00
R eserves________________
2,632.69
Investment certificates__ 18,987.65
Other liabilities__________
701.52

$ 57,721.86

$ 57,721.86

LEDGERWOOD LOAN AND INVESTMENT COMPANY
HOT SPRINGS, ARKANSAS
June 30, 1943
Officers
Cecil H. Ledgerwood____________________________ Partner
John J. Ledgerwood____________________________ Partner
Resources
Loans and discounts______ $11,828.73
U. S. securities__________
6,750.00
Other bonds and securities. 9,039.24
Cash on hand and in banks. 9,766.38

Liabilities
Common sto ck ____ _______ $20,000.00
Undivided p r o fits _________ 9,826.28
Investment certificates___ 4,887.75
Other liabilities___________ 2,485.93
Surplus __________________
184.39

$37,384.35

$37,384.35

ATLAS FINANCE COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
W. P. Hamilton________________________________ President
S. M. Harris_______________________ Secretary-Treasurer
Resources
Loans and discounts_______ $56,508.03
Furniture and fixtures_____
418.55
Real esta te________________
124.36
Cash on hand and in banks. 2,917.29
Other resources__________
15.00

Liabilities
Common stock ___________ $ 300.00
Reserves _________________
1,960.66
Investment certificates____31,211.94
Bills payable_____________ 4,395.54
Surplus ____________________22,115.09

$59,983.23

$59,983.23




Twenty-Ninth Annual Report

121

CENTRAL LOAN AND INVESTMENT COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
Joe Jung _____________________________________ President
F. W. Duttlinger________________________ Vice President
J. C. Nemec________________________ Secretary-Treasurer
Resources
Loans and discounts_______ $58,906.11
Other bonds and securities9.15
Furniture and fixtures_____ 1,821.17
Organization expenses___ 5,325.34
Cash on hand and in banks. 2,268.82
Other resources __________
500.00

Liabilities
Common s t o c k _______ ___ $30,310.00
476.15
Undivided profits ___ ___
Investment certificates ___ 22,136.44
Bills p ayable_________ ___ 9,100.80
Other liabilities ______ ___ 5,438.61
Surplus _ ____________ ___ 1,368.59

$68,830.59

$68,830.59

CREDIT ASSOCIATION FINANCE COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
N. O. Arendt__________________
J. F. Owens____________________
Ira D. Bloom, Sr_______________
Wm. R. Arendt_________________

_____ President
Vice President
_____ Secretary
------- Treasurer

Resources
Loans and discounts______ $24,087.84
Cash on hand and in banks. 4,476.74
Other resources _________
260.70

Liabilities
Common sto ck ____________ $ 8,500.00
Investment C ertificates__ 13,788.83
Bills Payable_____________ 9,295.69
Other liabilities __________ 2,821.55
Surplus (deficit) _________ 5,580.79

$28,825.28

$28,825.28

GENERAL CONTRACT PURCHASE CORPORATION
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
A. A. Blumeyer________________________________ President
W. E. Burtelow________________ Exec. V. P. and Treasurer
P. W. Herzog______________ Vice President and Secretary
J. G. Butler_______________________________ Vice President
F. J. Obermeier___________________________ Vice President
E. E. Salmon_____________________________ Vice President
Resources
Loans and discounts_______$ 1,683.35
U. S. securities------------------ 80,000.00
Furniture and fixtures_____ 1,152.34
Cash on hand and in banks- 6,044.48

Liabilities
Common stock ___________ $50,000.00
Undivided p ro fits _________ 8,134.74
Investment certificates____ 28,730.58
Bills payable_
22.24
Other liabilities
1,992.61

$88,880.17

$88,880.17




122

State of Arkansas: Bank Department

LIBERTY LOAN & REALTY COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
J. W. Strawn, Sr_______________
J. W. Strawn, Jr_______________
Mrs. J. W. Strawn, Sr_________

--------------- President
____ Vice President
Secretary-Treasurer

Resources
Loans and discounts______ $27,518.97
Cash on hand and in banks- 4,990.09
480.81
Other resou rces_________

Liabilities
Common stock ____________$10,000.00
Reserves
______________ 3,782.00
Bills payable_____________ 12,535.36
Surplus __________________
6,672.51

$32,989.87

$32,989.87

UNITED LOAN & INVESTMENT COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
James Thomas ________________________________ President
G. M. Mathews---------------------------------------- Vice President
R. G. McDaniel_____________________ Secretary-Treasurer
Resources
Loans and discounts______$103,421.37
U. S. securities----------------370.00
Other bonds and securities 21,777.14
Cash on hand and in banks
7,497.13
Other resou rces_________
7,363.28

Liabilities
Common stock ___________ $ 75,000.00
Undivided p ro fits ________
633.67
Bills payable____________ 61,041.32
Other liabilities _________
16.00
Surplus _________________
3,737.93

$140',428.92

$140,428.92

UNION INDUSTRIAL LOAN CORPORATION
NORTH LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
Ben W inston_
A. L. Hale____
Fred Jordon _
Thos. H. Little.
B. J. Kaup------

------------ President
— Vice President
------------ Secretary
_______ Treasurer
General Manager

Resources
Loans and discounts__ ____$21,358.36
Cash on hand and in banks- 8,996.64
Other resou rces_________ 1,865.54

Liabilities
Common s t o c k ___ :_______ $21,251.20
Bills p ayable______________ 9,079.14
Surplus __________________
1,890.20

$32,220.54

$32,220.54




Twenty-Ninth Annual Report

123

VAN BUREN LOAN BUREAU, INC.
VAN BUREN, ARKANSAS
June 30, 1943
W. R. ReynoldsWylie Smith
G. I. Matthews .____

Officers
____
_

__

___________President
_ _ _ Vice President
Secretary-Treasurer

Resources
Loans and discounts__ __
| 671.10
Cash on hand and in banks_ 499.74
Other resources _ __ __
95.25

Liabilities
Common stock
_$ 750.00
Investment ce rtifica tes____ 472.03
Surplus ____—
____
44.06

$1,266.09

$1,266.09




124

State of Arkansas: Bank Department

COMBINED STATEMENT OF RESOURCES AND LIABILITIES
OF SIX INDUSTRIAL LOAN INSTITUTIONS OPERATING
UNDER ACT 111 OF 1941.
June 30, 1943
Resources
Loans and discounts____________________________________ $376,309.24
U. S. securities________________________________________ 74,630.00
Furniture and fixtures_________________________________ 12,281.17
Organization expense __________________________________
399.75
Cash on hand and in banks_______________________________ 115,021.07
C. S. V. insurance_________________________ _____________
5,860.00
Investment account ____________________________________ 30,000.00
Other resources _______________________________________ 15,535.67
$630,036.!
Liabilities
Preferred stock _______________________________________ $234,560.00
Common stock _________________________________________ 182,014.37
Undivided profits --------------------------------------------------------3,694.75
Reserves _ ____________________________________________
38,922.54
Investment certificates ________________________________ 53,895.19
Bills payable___________________________________________
2,901.71
Other liabilities _______________________________________ 114,048.34




$630,036.90

125

Twenty-Ninth Annual Report

FRIENDLY FINANCE COMPANY
FAYETTEVILLE, ARKANSAS
June 30, 1943
Joe M. Steele___
L. E. Johnson___
Harvey L. Joyce.

Officers
_______________________ President
__________________Vice President
_____________Secretary-Treasurer

Resources
Loans and discounts_______ $1,623.57
Cash on hand and in banks. _ 7,927.86
78.77
Other resources __________

Liabilities
Common sto ck ____________ $10,000.00
R eserves_________________
210.33
Bills p ayable_____________
31.75
Other liabilities (deficit)__
611.88

$9,630.20

$ 9,630.20

PEOPLES LOAN AND INVESTMENT COMPANY
FORT SMITH, ARKANSAS
June 30, 1943
Officers
R. A. Young----------------------------W. M. Eads____________________
W. A. Needham_______________
R. C. Helvie____________________
Resources
Loans and discounts_$179,240.60
U. S. securities______
5,050.00
Furniture and fixtures____
2,806.11
Organization expense____
399.75
Cash on hand and in banks 53,058.88
5,860.00
C. S. V. insurance__
Investment accou n t______ 30,000.00
Other resou rces____ 10,961.88

_____ President
Vice President
_____ Secretary
------- Treasurer

Liabilities
Preferred stock _______
Common s t o c k _______
Reserves _____________
Investment certificates
Bills p a ya b le__________

Other liabilities______

$287,377.22

.$152,*100.01/
. 30,000.00
. 18,064.34
. 47,865.20
.
1,571.27
. 37,441.41

$287,377.22

CITIZENS LOAN AND INVESTMENT COMPANY
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
E. W. Emerson------------------------------------------------ President
Frank H. Dodge__________________________ Vice President
Robert D. Fenton, Jr----------------------- Secretary-Treasurer
Resources
Loans and discounts__ $77,975.00
Furniture and fixtures_____ 1,488.80‘
Cash on hand and in banks. 9,588.05
Other resources --------------- 3,770.02




$92,821.87

Liabilities
Preferred stock ______
Common s t o c k ________
Undivided p ro fits _____
Reserves _ ____________
Bills payable__ ____ ___

$82,125.00
1,274.37
1,685.95
6,964.86
771.69
$92,821.87

126

State of Arkansas: Bank Department

COMMERCIAL CREDIT PLAN, INCORPORATED
LITTLE ROCK, ARKANSAS
June 30, 1943
Officers
___________________ - ___President
__________________ Vice President
_______________________ Secretary
_______________________ Treasurer

H. A. Cherry.
J. P. Taylor—
W. R. Mules-.
J. P. Winzer.

Resources
Loans and discounts---------- $ 9,000.00
U. S. securities___________ 49,580.00
Cash on hand and in banks. 1,658.95

Liabilities
Common stock ___________ $50,000.00
Reserves _________________
822.36
Bills payable_____________
83.34
Other liabilities__________ 9,333.25

$60,238.95

$60,238.95

NATIONAL CREDIT CORPORATION
PINE BLUFF, ARKANSAS
June 30, 1943
Officers
N. J. Gantt, Jr________________________________ President
V. D. Webb--------------------------------------------- Vice President
C. S. McNew, Jr_____________________Secretary-Treasurer
Resources
Loans and discounts______ $41,151.27
U. S. securities__________ 20,000.00
Cash on hand and in banks. 12,652.91

Liabilities
Common s t o c k ___ _______ $50,000.00
Undivided profits ________ 2,008.80
Reserves _________________
6,351.72
Bills payable_____________
443.66
Other liabilities __________ 15,000.00

$73,804.18

$73,804.18

MORGAN PLAN COMPANY
TEXARKANA, ARKANSAS
June 30, 1943
J. R. Gunter.
F. E. W ilson...
Hal H. Brown.

Officers
----------------------------------- President
--------------------------- Vice President
--------------------Secretary-Treasurer

Resources
Loans and discounts_____ $ 67,318.80
Furniture and fixtures-----7,986.26
Cash on hand and in banks 30,134.42
Other resou rces-------------725.00

Liabilities
Common sto ck ___________ $ 40,740.00
Reserves ________________
6,508.93
Investment certificates__
6,029.99
Other liabilities _________ 52,885.56

$106,164.48

$106,164.48




Twenty-Ninth Annual Report

. 127

COMBINED STATEMENT OF ASSETS AND LIABILITIES OF
TWENTY CREDIT UNIONS OF ARKANSAS
AS OF
December 1, 1942
Assets
Cash on hand_________________________________________ $ 1,518.91
Due from banks------------------------------------------------------------- 76,460.92
Bonds and securities____________________________________ 38,826.63
Loans outstanding ------------------------------------------------------- 103,954.68
338.28
Furniture and fixtures_________________________________
Other assets _____
153.78
$221,253.20
Liabilities
Share balance --------------------------------------------------------------$189,785.97
Deposits _ ______________ - _____________________________
3,608.91
Guaranty fund ------------------------------------------------------------- 15,469.97
Bills payable --------------------------------------------------------------784.80
Undivided earnings--------------------------------------------------------- 10,273.96
Other liabilities _______________________________________
1,329.59




$221,253.20
Approximate Number of Members - 2,635

128

State of Arkansas: Bank Department

EL DORADO-ROCK ISLAND CREDIT UNION
EL DORADO, ARKANSAS
December 31, 1942
Assets
Due from banks___________ $ 5,449.13
Loans outstanding _______ 5,269.86

Liabilities
Share balan ce____________ $ 8,718.00
Guaranty fund ___________ 1,383.25
Undivided earnings_______
274.22
Other liabilities __________
343.52

$10,718.99

$10,718.99

Approximate Number of Members - 83

LION OIL COOPERATIVE SAVINGS & CREDIT UNION
EL DORADO, ARKANSAS
December 31, 1942
Liabilities
Assets
Due from banks----------------- $19,896.15 Share balan ce____________ $27,337.00
Bonds and securities---------- 6,480.00 Guaranty fund ___________ 1,681.44
Loans outstanding________ 4,680.86 Undivided earnings_______ 2,132.76
Other liabilities __________
64.33
Furniture and fixtures--------------------- 158.52
$31,215.53

$31,215.53

Approximate Number of Members - 278

ARKANSAS CENTRAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Due from banks____________ $1,752.71
Loans outstanding ------------ 1,704.22
Other assets --------------------102.06

Liabilities
Share b alan ce_____________ $3,292.85
Guaranty fund ____________
160.61
Undivided earnings________ 102.03
Other liabilities ___________
3.50

$3,558.99

$3,558.99




Approximate Number of Members - 52

Twenty-Ninth Annual Report

129

ARKLAGAS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Due from banks____________ $529.42
Loans outstanding _________ 366.25

Liabilities
Share balance ____
$836.75
Guaranty fu n d ______________ 26.38
Undivided earnings__________ 32.54

$895.67

$895.67

Approximate Number of Members - 60

ARKANSAS DEMOCRAT CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand ______
Due from banks____
Bonds and securities.
Loans outstanding —

$
5.25
_ 5,370.30
_ 592.00
_ 2,772.75

Liabilities
Share balance ____________ $7,881.41
Guaranty fund ___________
604.53
Undivided earnings________ 254.36

$8,740.30

$8,740.30

Approximate Number of Members - 70

DEPARTMENT OF LABOR CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand--------------------- $ 241.01
Due from banks----------------92.04
Loans outstanding ------------ 2,588.99
5-00
Other assets ---------------------

Liabilities
Share balance ____________ $1,869.00
Guaranty f u n d -----------------138.15
Undivided earnings________
136.59
Bills payable______________
783.30

$2,927.04

$2,927.04




Approximate Number o f Members - 93

130

State of Arkansas: Bank Department

FEDERATED SHOP CRAFTS CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand_____________$
59.99
l)ue from banks___________
472.61
Bonds and securities_______ 100.00
Loans outstanding_________ 4,782.30
29.25
Furniture and fixtures____
Other assets ______________
10.00

Liabilities
Share balance_____________ $5,225.65
Guaranty f u n d _______
227.07
Undivided earnings________
1.43

$5,454.15

$5,454.15

Approximate Number of Members - 180

FEDERATION CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand____________ $ 342.46
Bonds and securities--------- 1,222.00
Loans outstanding ---------- 11,323.81

Liabilities
Share balance _______
$11,373.66
Deposits _ _______________
425.78
Guaranty fund ___________
325.65
Undivided earnings ______
763.18

$12,888.27

$12,888.27

Approximate Number of Members - 142

FRANKE’S INC., CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Due from banks-----------------$ 683.63
Loans outstanding ________1,271.10

Liabilities
Share balance ____________ $1,762.63
Guaranty f u n d ____________
175.68
Undivided earn in gs________
16.42

$1,954.73

$1,954.73




Approximate Number o f Members - 78

Twenty-Ninth Annual Report

131

GAZETTE EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Due from banks___________ $1,962.09
Bonds and securities_______ 200.00
Loans outstanding ________ 2,842.22

Liabilities
Share balance ___
$4,413.86
Deposits __________________
159.14
Guaranty fund ____________
160.80
Undivided earnings________ 170.51
Other liabilities ___________
100.00

$5,004.31

$5,004.31

Approximate Number of Members - 71

K.

E. M. B. A. LITTLE ROCK CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942

l
Assets
Due from banks__________$ 6,692.36
Bonds and securities_______ 17,760.00
Loans outstanding________ 6,583.58

Liabilities
Share balan ce________
Guaranty fund _______
Undivided earnings___
Other liabilities ______

$31,035.94

$27,652.75
. 1,247.55
. 2,060.64
75.00
$31,035.94

Approximate Number of Members - 260

LITTLE ROCK MUNICIPAL WATER WORKS EMPLOYEES
CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets

Cash on hand________:______$ 54.98
Due from banks____________ 1,874.01
Loans outstanding_________ 185.52




Liabilities
Share balan ce_____________ $ 460.00
Deposits _ ---------------------------1,182.02
Guaranty f u n d ____________
54.93
Undivided earnings________
41.64
Other liabilities ___________
375.87

$2,114.46
Approximate Number o f Members - 35

$2,114.46

132

State of Arkansas: Bank Department

LITTLE ROCK POSTAL CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand_____________ $
55.32
Due from banks___________ 7,920.07
Bonds and securities_______ 2,235.00
Loans outstanding________ 14,027.51

Liabilities
Share balan ce____________ $19,815.26
Guaranty f u n d ___________ 2,794.14
Undivided earnings_______ 1,628.50

$24,237.90

$24,237.90

Approximate Number of Members - 193

LITTLE ROCK-ROCK ISLAND CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Due from banks_____
Bonds and securities..
Loans outstanding —
Other assets _______

$ 6,493.20
600.00
. 11,468.83
36.72

Liabilities
Share balance____________ $17,137.19
Guaranty fund ____________ 1,442.51
Undivided earnings_______
11.55
Other liabilities__________
7.50

$18,598.75

$18,598.75

Approximate Number of Members - 143

VETERANS ADMINISTRATION EMPLOYEES CREDIT UNION
LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Due from banks___________$ 4,559.76
Bonds and securities---------- 4,812.00
Loans outstanding------------ 6,894.58
Furniture and fixtures------34.39

Liabilities
Share balan ce____________ $12,140.84
Deposits _ _______________ 1,841.97
Guaranty fund ___________ 1,500.58
Undivided earnings_______
810.46
Other liabilities __________
6.88

$16,300.73

$16,300.73




Approximate Number o f Members - 169

133

Twenty-Ninth Annual Report

FORT ROOTS CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand_____________ $ 370.05
Due from banks___________ 2,350.14
Bonds and securities_______ 3,792.50
Loans outstanding_________ 12,651.55

Liabilities
Share balan ce___ ________ $17,156.61
Guaranty f u n d ___________ 1,168.01
Undivided earnings_______
838.12
Bills payable_____________
1.50

$19,164.24

$19,164.24

Approximate Number of Members - 257

NORTH LITTLE ROCK MISSOURI PACIFIC CREDIT UNION
NORTH LITTLE ROCK, ARKANSAS
December 31, 1942
Assets
Cash on hand______________ $ 106.84
Due from banks____________ 2,853.14
Bonds and securities-----------833.13
Loans outstanding__________ 3,912.90
Furniture and fixtures____
91.12

Liabilities
Share balan ce_____________ $6,511.00
Guaranty fund ____________
833.13
Undivided earnings________ 425.67
Other liabilities ___________
27.33

$7,797.13

$7,797.13

Approximate Number of Members - 162

ARKANSAS BUILDERS CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1942
Assets
Cash on hand_____________ $
10.00
Due from banks___________ 6,127.34
Loans outstanding________ 3,890.01
Furniture and fixtures____
15.00

Liabilities
Share balan ce____________ $ 8,196.63
Guaranty f u n d ----------------- 1,057.72
Undivided earnings_______
464.84
Other liabilities__________
323.16

$10,042.35

$10,042.35




Approximate Number o f Members - 153

134

State of Arkansas: Bank Department

BUTTER-NUT BAKERS CREDIT UNION
PINE BLUFF, ARKANSAS
December 31, 1942
Assets
Cash on hand
Due from banks
Bonds and securities— ..
Loans outstanding _ _ .

_ $273.06
273.57
_ 200.00
12.00

Liabilities
Share balance ------------- _____ $580.23
Guaranty fund
___ _____ 80.79
Undivided earnings ___ _____ 97.61

$758.63

$758.63

Approximate Number of Members - 11

MISSOURI PACIFIC TWIN CITY CREDIT UNION
VAN BUREN, ARKANSAS
December 31, 1942
Liabilities
Assets
Due from banks----------------- $1,109.25 Share b alan ce_____________ $7,424.65
Loans outstanding_________ 6,725.84 Guaranty fund ____________
407.05
Furniture and fixtures-------------------- 10.00
Undivided earnings________
10.89
2.50
Other liabilities ___________




$7,845.09
Approximate Number of Members - 145

$7,845.09

Twenty-Ninth Annual Report

QUALIFIED STOCK EXCHANGES
Securities listed on the following Stock Exchanges may be exempt
and such securities so listed may be sold within the State of Arkansas
by an applicant 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

135

State of Arkansas: Bank Department

186

DEALERS AUTHORIZED TO SELL QUALIFIED OR EXEMPT
SECURITIES IN ARKANSAS AS OF JUNE 30, 1943
Walter R. Bass Company------------------------------------------- .Little Rock, Arkansas
Lewis W. Cherry & Company________________________ Little Rock, Arkansas
E. L. Villareal & Company------------------------------------------ Little Rock, Arkansas
Equitable Securities Corporation_____________________ .Nashville, Tennessee
Hill, Crawford & Lanford, Inc_________________________ Little Rock, Arkansas
Investors Syndicate_________________________________ Minneapolis, Minnesota
Merrill Lynch, Pierce, Fenner & Beane_________________New York, New York
T.

J. Raney & Sons-------------------------------------------------- Little Rock, Arkansas

Satterfield Brothers & Company______________________Little Rock, Arkansas
Southern Securities Company________________________ Xittle Rock, Arkansas
W.

R. Stephens, Investments------------------------------------ Little Rock, Arkansas

Utrusco Corporation-------------------------------------------------- Little Rock, Arkansas
Mallory Williams & Company------------------------------------ .Little Rock, Arkansas
Walton, Sullivan & Company________________________ Little Rock, Arkansas




Twenty-Ninth Annual Report

137

ISSUING COMPANIES AUTHORIZED TO SELL SECURITIES IN THE
STATE OF ARKANSAS AS OF JUNE 30, 1943
(Certificates of Authority expire one year from date of permit)
Date

Name and Address

7- 1-42

Affiliated Fund, Inc.
One Exchange Place
Jersey City, New Jersey

$389,976.44 Common Stock
25c per share.

7- 1-42

American Business Shares, Inc.
One Exchange Place
Jersey City, New Jersey

$518,002.59 Common Stock
$.50 P /V at current offering
price.

Axe-Houghton Fund, Inc.
One Exchange Place
Jersey City, New Jersey

$50,000 sales value
Capital Stock.

12-31-42

Amount Authorized

3-31-43

Axe-Houghton Fund “ B” , Inc.
One Exchange Place
Jersey City, New Jersey

$24,114.50 sales value
Common Stock

7-15-42

Berry Dry Goods Company
Fort Smith, Arkansas

269 shares of 7% Preferred
Stock, P /V $100.00.

7- 1-42

Boston Fund, Inc.
111 Devonshire St.
Boston, Massachusetts

$25,000 Common Stock, par
value $5.00 per share.

7- 1-42

Commodity Corporation
24 Federal Street
Boston, Massachuetts

$25,000 Common Capital
Stock to be sold through
dealers only.

11- 2-42

Chemical Fund, Inc.
15 Exchange Place
Jersey City, New Jersey

$50,000 Capital Stock P /V
$1.00; selling price to be based
on asset value to be deter
mined on every business day
as of time for closing New
York Stock Exchange.

7- 1-42

Dividend Shares, Inc.
Jersey City, New Jersey

Unlimited amount of Divi
dend Shares.

Equipment Finance Corporation
Chicago, Illinois

$25,000 Common Stock No
P/V.

1- 6-43

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 (sales value) Capital
Stock of Group Securities,
designated Low Prices Shares,
to be sold through registered
and qualified Arkansas deal
ers.

5- 2-43

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 (sales value) Capital
Stock of Group Securities
designated General B o n d
Shares to be sold through
registered and qualified Ar
kansas dealers.

10-27-42




State of Arkansas: Bank Department

138

Date

Name and Address

Amount Authorized

10- 9-42

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$50,000 worth of eighteen in
dustrial classes Capital Stock
of Group Securities, Inc.

6-17-43

Group Securities, Inc.
One Exchange Place
Jersey City, New Jersey

$25,000 sales value
Administered Shares.

7- 1-42

Hamilton Depositors Corporation
Denver, Colorado

Unlimited Amount Trust
Shares.

Fireman’s Fund Insurance Company
San Francisco, California

$10,000.00 Common Stock
$10 Par Value.

Investors Mutual, Inc.
200 Roanoke Building
Minneapolis, Minesota

$500,000 (sales value) special
Stock of Investors Mutual,
Inc., to be sold exclusively in
Arkansas by Investors Syn
dicate, a registered and qual
ified dealer.

Investors Syndicate of America
200 Roanoke Building
Minneapolis, Minesota

Unlimited Amount of Invest
ment Certificates, Series One.

7- 1-42

Lifetime Truss Company
Jonesboro, Arkansas

700 Shares Common Stock.

7- 1-42

Manhattan Bond Fund, Inc.
15 Exchange Place
Jersey City, New Jersey

$25,000 worth P /V 10c Capi
tal Stock to be sold at asset
value.

7- 1-42

Massachusetts Investors Second
Fund, Inc.
Jersey City, New Jersey

$95,366.39 worth Common
Stock.

7- 1-42

Massachusetts Investors Trust
Boston, Massachusetts

Unlimited Amount Certifi
cates of Beneficial Interest.

7-27-42

Mineral Enterprise, Inc.
Little Rock, Arkansas

2,000 shares Common Stock.
No par value.

Monticello Cotton Mills Cp.
Monticello, Arkansas

$190,000 Refunding Bonds of
Monticello Cotton Mills Co.,
dated January 1, 1943.

11-23-42
2-12-43

12- 5-42

10-24-42

Fully

9-26-42

New York Stocks, Inc.
15 Exchange Place
,Jersey City, New Jersey

$102,369.50 of Special Stock
at market price.

3-15-43

Selected American Shares, Inc.
135 South LaSalle Street
Chicago, Illinois

$100,000 (sales value) Com
mon Stock to be sold through
registered and qualified Ar
kansas dealers.

8- 1-42

Southern Securities Company
Little Rock, Arkansas

$100,000 Kansas City South
ern Ry. 3% Ser. 40 secured
notes.




Twenty-Ninth Annual Report

Date

Name and Address

139

Amount Authorized

2-24-43

State Street Investment Corporation
140 Federal Street
Boston, Massachusetts

$25,000 Aggregate S a l e s
Price. To be sold throungh
qualified dealers in Arkan
sas.

6-26-43

Texas-Arkansas Fund, Inc.
1003 Kirby Building
Dallas, Texas

Unlimited amount Texas-Ar
kansas Certificates, to be sold
as a continuous offering
rough registered and qualed dealers in Arkansas.

9-28-42

Union Trusteed Funds, Inc.
1 Exchange Place
Jersey City, New Jersey

68,016.94 Aggregate amt.
Capital Stock of Union
usteed Funds, Inc.




State of Arkansas: Bank Department

140

COMBINED OPERATING STATEMENT OF ONE HUNDRED
FIFTY BURIAL ASSOCIATIONS FOR THE TWELVE MONTH
PERIOD ENDING JUNE 30, 1943
Balance available for payment of benefits June 30,
1942 _________________ - _________________________
$ 711,317.67
Receipts from July 1, 1942 to June 30, 1943________
2,111,760.31
Operating expense ______________________________
257,804.91
Average percent of receipts_______________________
12.2
Benefits paid ------------------------------------------------------1,611,960.09
Balance available for payment of benefits:
Banks and c a s h ________________________ 621,765.85
U. S. bonds and securities_______________ 331,547.13
953,312.98
Approximate Number of Members, 1,630,000
Approximate Number of Benefits Rendered 11,000




Twenty-Ninth Annual Report

141

BURIAL ASSOCIATIONS AUTHORIZED TO SELL MEMBERSHIP
CERTIFICATES IN THE STATE OF ARKANSAS
AS OF JUNE 30, 1943
Name of Association
Address
Sec’y-Treas.
Adams Burial Association--------------- Cotter-------------------Mrs. Joe M. Adams
Andrews Burial Association________ El Dorado------------- Idalia Andrews
Arkansas Burial Society, Inc----------- Fort Smith------------Mrs. Helen Stackable
Arkansas Funeral Home Burial Ass’n.Clarksville------------E. Crumrine
Arkansas State Burial Association._.Rison____________ Mrs. Ruth Buie
Ashby Burial Association _________ Benton-----------------G. Hawkins
Ashley County Burial Association— .Hamburg________ Murphy Jones
Bailey Burial Association -------------- Cabot____________ Mrs. Gladys Bailey
Barry County Burial Association, Inc..Eureka Springs___w . D. Koone
T. E. Barton Burial Association____ El Dorado------------ Eula Dorman
Baxter County Burial Association...Mountain Home— 0. B. McClure
Beasley-Wood Burial Society ______ Mena------------------- Olen R. Wood
Boone County Burial Association___ Harrison-------------- l . C. Holt
Briggs Burial Association__________Judsonia--------------- p G. Briggs
Brown-Midkiff Burial S ociety_____ Clarendon------------- A. L. Brown
Burns Burial A ssociation__________ Bentonville— ------ Jessie Parker Burns
Leo Carr Burial Association_______ Mammoth Spring__Leo Carr
Carroll County Burial Association ...Berryville------------ R. L. Nelson
Caruth Burial Association___________ Hot Springs--------- Jack Caruth
Caskey Burial Association__________ Des Arc--------------- H. M. Caskey
Cave City Burial Association________ Cave City------------- Silas McGee
Cecil Burial Association------------------- Batesville-------------Dr. Walter W. Cecil
Ernest E. Chandler Burial Ass’n______Searcy----------------- Mrs. E. E. Chandler
J. Rudolph Chandler Burial Ass’n_____Searcy----------------- J. Rudolph Chandler
Charleston Benevolent Burial Ass’n___Charleston----------- A. M. Smith
Charleston Hardware Burial Ass’n___ Charleston----------- Herman Adams
Chicot County Burial Association____ Eudora---------------- Charles McCullough
Christeson Burial Association_______ Harrison-------------- A. C. Christeson
The Christian Burial Association____ Eudora---------------- Glasco Watts
Church Burial Association__________ Dermott---------------Coneliaus Davis
Citizens Burial Association_________ West Memphis------ John Niven
Cobb Funeral Home Burial Society— Blytheville-----------W. H. Stovall
Collison Burial Association__________ Bald Knob------------ W. Ernest Forbes
Columbia County Burial Ass’n_______ Magnolia------------- Charles Lewis
Cross County Burial Association_____ Wynne-----------------W. C. Kernodle
Desha and Chicot County Burial Ass’n.McGehee-------------- H. B. Dyer
Dixie Funeral Association__________ McGehee-------------- Mrs. L. L. Jones
T. T. Doolin Burial Association______ Conway--------------- T. T. Doolin
Downey Burial Society_____________ Dermott---------------E. Q. Downey
Drew County Burial Association------ Monticello________ Hattie E. Henderson
East Funeral Benefit Assurance Co___Texarkana_______ W. F. Meissner
Edwards Burial Association_________ Fort Smith_______ Delmar D. Edwards
A. J. Emerson Burial Association------Paragould------------ A. J. Emerson
Evans Funeral Home Burial Ass’n------Paris____________ Mrs. Anna Bradley
Flowers Burial Association_________ Marianna________ F. C. Flowers
Fordyce Burial Association_________ Fordyce__________ Carlton Mays
Franklin County Burial Association__.Ozark____________J. T. Greer, Jr.
Frazer’s Burial Association-------------- Warren__________ Elbert Frazer
Friendship Burial Associatioh---------Ashdown_________ I. M. Phillips
Goatcher Burial Association------------ Lake Village______Noble B. Goatcher
Grand Prairie Burial Association------DeWitt___________Don W. Essex
Great Southern Protective Ass’n-------- Arkadelphia______ Alva C. Harris
Gregg Burial Association----------------- Jonesboro________ Mrs. James T. Gregg
Griffin Burial Association--------------- Harrisburg_______ M. M. Griffin
Griffin-Leggett Burial Society--------- Little Rock_______ Paul Griffin




142

State of Arkansas: Bank Department

Name of Association
Address
Sec’y-Treas.
Great Protective Burial Association--. Pine Bluff________Vester Miller
Hancock Burial Association_________ Marked Tree_____ H. Grady Hancock
Hannah Burial Society______________ Cotton Plant_____ W. K. Hannah
Haralson Burial Association------------- Augusta-------------- J. Haralson
Harris Burial Association------------------ Hot Springs--------- A. Leon Harris, Jr.
Healey & Roth Burial Ass’n, Inc______ Little Rock-----------S. R. Sims
Herndon-Cornelius Burial Ass’n--------- Hope____________ T. S. Cornelius
Hicks Burial Association____________ Hope____________ C. W. Hicks
Holderness South Burial Association-. Pine Bluff________S. E. South
Holt Burial Association-------------------- Blytheville----------- E. M. Holt
Hot Spring County Burial Ass’n______ Malvern__________F. D. Cooper
Howard Burial Association-------------- Leachville------------ H. H. Howard
Howard County Burial Association-_. Nashville------------- M. A. Floyd
Hubble Burial Society---------------------- Little Rock-----------M. L. Freeman
The Hughes Mutual Burial Ass’n-------- Hughes__________ Paul Baddour
W. H. Irby Burial Association_______ •Rector___________ W. H. Irby
Johnson Burial Association-------------- Walnut Ridge-------W. G. Johnson, Sr.
Jones Burial Association___________ Texarkana----------- Lena P. Jones
Jonesboro Burial Association------------ Jonesboro------------ W. T. Emerson
Keeshan-Lambert Burial Association..Helena___________ L. P. Keeshan
Kernodle Burial Association-------------•Wynne---------------- W. C. Kernodle
Kilpatrick Christian Burial Ass’n^.----- Farmersville, La.__ J. E. Roark
Lafayette County Burial Ass’n_______ Lewisville------------ B H. Dobson
Frank Leach Burial Association--------.Newport_________ Frank Leach
Lemley Burial Association__________ .Atkins___________ O. R. Lemley
Lepanto Burial Association__________ -Lepanto__________J. E. Murphy, Sr.
Luginbuel Burial Association______ .Lincoln__________ Edna Luginbuel
Malvern Burial Association------------- .Malvern__________ Mrs. T. Y. B. Graham
Marion County Burial Association— .Yellville__________Auburn Keeter
Howard Marshall Burial Association- .Walnut Ridge____ Howard Marshall
Mayhan-Boultinghouse Burial Ass’n_ .Newark__________ Clyde Boultinghouse
McConnell Burial Association---------- .Hartford_________ B. A. McConnell
McNabb Burial Association_________ .Pocahontas_______Nell L. McNabb
Mid South Burial Association---------- .Marianna-------------Winnie Kennedy
Mineral Springs Burial Association. _.Mineral Springs----Harold Bridgeman
Randal L. Mitchell Burial Ass’n----------.Paragould------------Randal L. Mitchell
Monarch Burial Association------------- .Wynne---------------- Helen Hughes
Moore’s Burial Association_________ Fayetteville--------- Frances Morgan
Morgans Burial Society------------------ .Stuttgart------------- E. H. Murry
Murry Burial Association___________ .Arkadelphia---------E. H. Murry
Murry Old Age Burial Association_ .Arkadelphia---------R. E. Lawson
The National Burial Association___ .West Memphis----- B. R. Nelson
Nelson-Savage Burial Society---------- .Fayetteville--------- James W. Holder
New Home Burial Association--------- .Newport-------------- Mon D. Thaxton
North Arkansas Burial Association. _.Marshall--------------Noel Baker
Ocker Burial Association___________ .Van Buren------------ Mary Louise Ocker
The Old Reliable Burial Association. .Hughes--------------- W. M. Walker
R. W. Olmstead Burial Association— .Heber Springs------R. W. Olmstead
Ouachita County Burial Association. .Camden.------------- R. T. Lockett
Our Burial Association-------------------- .Fort Smith-----------Henry Peagues
Ozark Burial Association----------------- .Siloam Springs-----Margaret Wasson
Pence Burial Association----------------- .Conway.„ • ---------Sarah Pence
Peoples Benevolent Protective Ass’n__ .Paris------------------- Arthur Smith
Peoples Burial Association------------- -West Helena-------- Frank Ella Jordon
Peoples Consolidated Burial Ass’n----- -Piggott-------------- ..Lloyd Russell
Poinsett Burial Association------------- •Trumann.______ -Paul S. Thompson, Jr.
Polk County Burial Association--------- -Mena____________ R. P. Geyer
Prescott Burial Association------------- •Prescott. __________J. D. Cornish
Putman Funeral Association---------- - •Fort Smith----------- Mrs. J. G. Putman, Sr.



Twenty-Ninth Annual Report

143

Name of Association
Address
Sec’y-Treas.
Pyeatt’s Burial Association, Inc____ Siloam Springs------W. 0. Burns
The Raney Burial Association----------- McCrory--------------Walter W. Raney
Frank Reid Burial Association_______ Morrilton------------ Mrs. Elba Reid
H. E. Rice Company Burial Society...Waldron________ E. C. Rice
Richardson Burial Association______ Texarkana_______ Alex Richardson
W. A. Rowell Burial Society________ Fort Smith_______ Vivian Rowell
Ruebel Burial Association__________ Little Rock_______ E. E. Greenfield
Rumph Burial Association__________ El Dorado________ C. B. Rumph
Scott-Sebastian Burial Association__Mansfield________ Joe J. Martin
Searcy County Burial Association___ Marshall_________ Leonard Coffman
Shinn & Son Burial Association_____ Russellville-----------Rudolph Shinn
Sims & Walton Burial Association___Benton___________ Ralph W. Walton
Smith Burial Association----------------- Stamps---------------- A. O. Smith
South Ark. Old Age Burial Ass’n-------- Camden----------------A. L. Bixler
Southern Dixie Burial Association___ Hot Springs--------- Mrs. Fannie L. Conde
Southwestern Burial Association____ Hot Springs--------- George H. Brenner
Stephenson Burial Association______ Monticello------------Mrs. Pearl Stephenson
Stevens Burial Association----------------Forrest City--------- W. E. Stevens
Swift Funeral Home Burial Ass’n____ Osceola---------------- Mrs. Lelah B. Coble
Texarkana Protective Association....Texarkana----------- L. F. Allday, Jr.
Fred A. Thompson Funeral
Service Agreement------------------------ Paragould------------ Fred A. Thompson
Tri-County Burial Association--------- Imboden-------------- Mrs. C. Higginbotham
Tri County Burial Club______________ Jonesboro------------ F . J. Turner
Union Colored Christian Benevolent
Burial Association________________Farmersville, La.__J. E. Roark
United Burial Association__________ Conway__________ E. R. Keller
Watson Burial Association__________ Fayetteville______ Edmond P. Watson
Westbrook Burial Ass’n of Glenwood.Glenwood________ Phillip Kelley
C. B. Westbrook Burial Association__Hazen____________C. B. Westbrook
W. L. Westbrook Burial Association_.Beebe!___________B. W. Linder
White River Burial Association_____ Batesville________ A. L. Crouch
Wilkerson Burial Association_______ DeQueen_________ Fred Wilkerson
Wilkerson Burial Society___________ DeQueen_________ Fred Wilkerson
Williams Burial Association-------------- Camden:__________Benjamin F. Williams
Wilson Burial Association__________ England__________ W. M. Wilson
Wylie Burial Association----------------- Brinkley__________Davis Wylie
Yell County Burial Association--------- Dardanelle_______ Lamont Cornwell




144

Sta£e

of Arkansas: Bank Department

CONSOLIDATED STATEMENT OF CONDITION OF THE FOUR
TEEN EXCHANGES OPERATING IN ARKANSAS
AS OF JUNE 30, 1943
Resources
Loans and discounts___________________________________ $ 11,908.00
U. S. Government obligations________________________
11,000.00
Other bonds and securities_____________________________
8,832.85
Furniture and fixtures _______________________________
2,867.48
Cash and due from banks------------------------------------------- 1,252,461.66
Other resources _____________________________________
4,214.42
Total___________________________________________ $1,291,284.41

Liabilities
Capital _ ___________________________________________ $ 15,649.00
Surplus andprofits____________________________________
23,635.13
Deposits _ ___________________________________________ 1,251,124.50
Other liabilities ______________________________________
875.78
Total_________________________ _____________________$1,291,284.41




Twenty-Ninth Annual Report

145

THE FIRST COMPANY, BLACK ROCK
J. F. Sloan, President

L. B. Sharp, Cashier

Resources
Cash and due from banks__ $3,514.58
Other resources __________
292.08

Liabilities
Capital _ _________________ $2,480.00
Surplus and profits________1,139.79
Other liabilities____ ,__ ___ 186.87

Total__________________$3,806.66

Total__________________ $3,806.66

EARLE EXCHANGE COMPANY, EARLE
Luther Wallin, President

Mrs. M. F. Fullwood, Cashier

Resources
Loans and discounts______$ 3,621.50
Furniture and fixtures----1,163.59
Cash and due from banks_ 352,778.36
Other resources _________
192.91

Liabilities
Capital _ _______________ $ 2,000.00
Surplus and profits______ 10,620.33
Deposits _ ______________ 345,136.03

Total________________ $357,756.36

Total________________ $357,756.36

ELAINE COOPERATIVE EXCHANGE, ELAINE
J. J. Patridge, President
Resources
Furniture and fixtures----- $ 284.50
Cash and due from banks_ 54,052.77
Other resources __________
88.49
Total




$54,425.76

Catherine M. Reed, Cashier
Liabilities
Capital _ ________________ $ 860.00
Surplus and profits_______
473.09
Deposits ______________ :___ 53,092.67
Total

$54,425.76

Sta£e

146

of Arkansas: Bank Department

HARDY EXCHANGE, HARDY
R. S. Riggers, President

T. W. Walker, Cashier

Resources
Bonds and securities____ $ 5,383.95
Furniture and fixtures
100.00
Cash and due from banks- 107,820.01
Other resources _________
283.82

Liabilities
Capital _ _______________ $ 1,250.00
Deposits _ _____________ 112,337.78

Total________________ $113,587.78

Total________________ $113,587.78

HAZEN EXCHANGE COMPANY, HAZEN
R. H. Hammond, President

O’Beta Proctor, Cashier

Resources
Cash and due from banks_$192,524.57

Liabilities
Capital _ ______________ $
524.00
Surplus and profits______
292.55
Deposits _ ______________ 191,708.02

T otal__________________ $192,524.57

T otal__________________ $192,524.57

REISER EXCHANGE COMPANY, REISER
J. K. Childs, President

Ruth Crumpecker, Cashier

Resources
Furniture and fixtures___ $
132.00
Cash and due from banks- 112,629.02
Other resou rces_________
187.05

Liabilities
Capital _ _______________ $
600.00
Surplus and profits--------767.68
Deposits _ ______________ 110,893.98
Other liabilities__________
686.41

Total_________________ $112,948.07

Total_________________ $112,948.07




Twenty-Ninth Annual Report

147

LAKE CITY EXCHANGE, LAKE CITY
Fred Carter, President

Marion Songer, Cashier

Resources
Bonds and securities______$ 100.00
Cash and due from banks
52,621.73
Other resources __________
381.47

Liabilities
Capital _ ________________ $ 2,500.00
Surplus and profits_______
841.52
Deposits _ _______________ 49,761.68

Total_________________ $54,103.20

Total_________________ $54,103.20

LEACHVILLE EXCHANGE, LEACHVILLE
C. G. McKinney, President

Carma Jean McKinney, Cashier

Resources
Furniture and fixtures___ $ 407.39
Cash and due from banks_ 58,246.31
Other resources __________
319.42

Liabilities
Capital _ ________________ $ 400.00
97.03
Surplus and profits_______
Deposits _ _______________ 58,476.09

Total_________________ $58,973.12

Total_________________ $58,973.12

PEOPLES EXCHANGE, McRAE
H. F. Hammack, President
Resources
Loans and discounts_______$ 687.68
Furniture and fixtures----500.00
Cash and due from banks_ 78,978.33
Other resources --------------49.38
Total




$80,215.39

G. M. Bennett, Cashier
Liabilities
Capital _ ________________ $ 935.00
150.37
Surplus and profits_______
Deposits _ ______________ 79,130.02
Total.

$80,215.39

148

Sta^e

of Arkansas: Bank Department

MINERAL SPRINGS EXCHANGE COMPANY, MINERAL SPRINGS
Lee McCorkle, President

E. C. Dillard, Cashier

Resources
Loans and discounts______$ 7,598.82
Furniture and fixtures___
100.00
Cash and due from banks_ 26,076.28

Liabilities
Capital __________________ $ 2,200.00
Surplus and profits_______ 1,114.74
Deposits _ _______________ 30,460.36

-Total_________________ $33,775.10

Total_________________ $33,775.10

MERCHANTS AND PLANTERS EXCHANGE, MANILA
George E. Snider, President

Grover E. Snider, Cashier

Resources
U. S. Gov't obligations___ $11,000.00
Cash and due from banks_ 58,323.75
Other resources __________
491.82

Liabilities
Capital _ ________________ $ 460.00
Surplus and profits___ :__ 5,931.24
Deposits _ _______________ 63,424.33

Total_________________ $69,815.57

Total_________________ $69,815.57

TYRONZA EXCHANGE COMPANY, TYRONZA
D. F. Wylie, President
Resources
Cash and due from banks_$29,375.85
Other resources _____ ____
173.36
Total




$29,549.21

W. S. Tatum, Cashier
Liabilities
Capital _ ________________ $ 440.00
Deposits _ ------------- --------- 29,109.21
Total.

$29,549.21

Twenty-Ninth Annual Report

149

WILMAR EXCHANGE COMPANY, WILMAR
E.

A. Calin, President

Resources
Cash and due from banks.-$33,429.32
Other resources _________
70.46
Total_________________$33,499.78

Mrs. R. C. McKinstry, Cashier
Liabilities
Capital _ ________________ $ 400.00
Surplus and profits_______
86.85
Deposits _ _______________ 33,012.93
Total_________________ $33,499.78

YELLYILLE EXCHANGE, YELLVILLE
Sam Duren, President

Bernice Berry, Cashier

Resources
Bonds and securities______$ 3,348.90
Furniture and fixtures___
180.00
Cash and due from banks_ 92,090.78
Other resources __________ 1,793.78

Liabilities
Capital _ ________________ $ 600.00
Surplus and profits_______ 2,229.56
Deposits _ _______________ 94,583.90

Total_________________ $97,413.46

Total_________________ $97,413.46
Full text of Annual Report of the Bank Commissioner of the State of Arkansas : Twenty-Ninth Annual Report of the Bank Commissioner of the State of Arkansas : For the Year Ending June 30, 1943

FRASER
