The age-herald., 1901-01-09
FIVE BANKS HELD
 ANNUAL MEETINGS Make a Splendid Showing for
 the Past Year OFFICERS WERE ELECTED Arthur w. emith Succeeds the Late p. H. Earle as President of the Birmingham Trust & Savings
 Co.-Other Officers
OFFICERS WERE ELECTED

them elected officers. The Alabama Ma
 tional deferred the election of officers un-
 til today. The Jefferson County Savings
 Bank, Steiner Brothers and the Alabama
 Trust and Savings Company will hold
 their annual meetings later on. The Ber-
 ney National reduced the number of it's di-
 rectors to five
 In only one bank was there a change
 among the officials, Arthur w. Smith be-
 ing elected president of the Birmingham
 Trust and Savings Company to succeed
 the late P. H. Earle.
 All of the banks are in splendid condi- tion and show large increases in deposits, loans and earnings
 Birmingham Trust Company. The stockholders of the Birmingham Trust and Savings Company held their
 meeting in the office of the bank at noon ] and reelected the old board of directors
 with the exception of R. A. Terrell, who l is new member. The board is as follows: James Bowron. J. M. Caldwell s. L. Earle, ". H. Kettig, Alex T. London, H. H. May
 berry, W. T. Northington, James Spence, A. w. Smith, J. T. Woodward, J. B. Coobs and R. A. Terrell.
 The directors subsequently, met and elect ed officers as follows: President-Arthur w. Smith. Vice President and Cashier-J. B. Cobbs. Assistant Cashier-C. M. Williamson. Secretary-W. H. Manly. The annual statement of the bank showed that the surplus was increased in 1900 about s25,000 and that the stockholders had
 been paid $3O,0OO in dividends. Undivided profits to the amount of $12,000 were re- ported for the year. During the year the available capital was increased $35 900, mak- ing the total working capital of the bank about $610,OOO. The deposits averaged
 about $1, ,750,OOO for the year and the loans about 100000.
 First National. The stockholders of the First National Bank met at noon and reelected the old board of directors, as follows: T. T. Hill
 man, E. M. Tutwier, B. F. Moore, F. D. Nabers, Robert Jemison, Erskine Ramsey,
 F. M. Jackson, T. H. Motion, William A. Walker w. S Brown, N E. Barker and W. P. G. Harding. MT. Harding is a new
 member on the board. The directors met at 4:30 o'clock in the afternoon and reelected the old officers folows
 Presidential. D. Barker First Vice President-J H. Woodward. Second Vice President--W. P. G. Harding. Cashier-Tom O. Smith. Assistant Cashier-J. IT. Barr. The directors, at a meeting held in De- l cember, declared a semi-annual dividend of per cent. The deposits and loans are much larger now than a year ago. The surplus and individual profits are $12S,251 Berney National. The stockholders of the Berney National Bank held their meeting at noon and elect ed the following board of directors: w. H. Sims, James A. Going, Walker Percy, w. w. Crawford and H. l.. Badham. The number of directors was reduced from nine to five sometime ago and this number was elected yesterday. The directors re- elected the officers as follows: President-Walker Percy. Vice Presidential. l.. Badham Cashier-W w. Crawford. Attorney-Harry Upson Sims. The annual statement showed surplus and undivided profits for 1900 of $4O,00O. The directors declared a semi-annual dividend of per cent in December. Alabama National. The stockholders of the Alabama Nation al Bank at their annual meeting, held at noon yesterday, reelected the old board of directors as follows: E. W. Fucker, B. F. Roden, W. C. Ward, D. M. Fulenwider and George H. Stubbs. The directors will meet today and elect officers. No dividend was declared by the Alabama National in December, but surplus and profits amounting to $1S,664. 03 were shown. Peoples Savings Bank & Trust Go. The stockholders of the Peoples Savings
 Bank and Trust Company met at noon and
 reelected the old board of directors, as
 follows Henry B. Gray, George A. Blinn,
 John D. Elliott, W. M. Martin. Louis SchiI-
 finger. The directors elected officers as
 follows:
 President-Henry B. Gray Vice President-George A. Blinn Cashier-John D. Elliott. The annual statement of the president showed that the past years business was better than previous years, the number and amounts of the deposits showing a gratify- | ing increase. The directors declared semi annual dividend of 8 per cent. Increase. in Deposits. The aggregate deposits of the banks of l Birmingham show a remarkable increase | over the deposits of year ago. There has | been corresponding increase in the loans. | In their statements made to the Comptroller | of the Currency on December 13 the three national banks showed deposits and loans as follows:
 Deposits. Loans.
 First National. .. ..$2, ,691 755.50 $S57, ,015. .16 Berney National. .. .. 820,746.19 558,846 50 | Alabama National .... 831,012.10 459, ,201. .14 Total. .. .. .. ...$4, ,343 513.79 $2S75, ,062. 80 On the same date the Birmingham Trust and Savings Company had H, H,774, S4O2O of de-