Milford chronicle., 1917-07-20
BANKS OF SUSSEX COUNTY
IN A FLOURISHING CONDITION

sex county is steadily increasing, de-
spite the fact that it is strictly an
agricultural section and war times
are upon the people, can be shown in
no better way than from the state
ments of the several banks at the
close of business on June 20. With
in the past two months several thou
sands of dollars have been placed on
deposit at three per cent, thereby
not only making money for the insti-
tutions, but for the individual depOs-
itors as we'll. The strawberry crop
has had a tendency to swell the de-
posits In all of the banks.
The reports show the following as
| tOnishing figures OF the banks when
it is taken into consideration that
quarter OF a century ago three banks
/ did all of the business Of the cOun
ty, and today there are six times that
number.
First National Bank Delmar-Loans
and discounts, S122,01S.75; capital
and surplus. S37 10000; undivided pro
! fits, S3.67764; individual deposits
subject to check, S45,302 %.
First National Bank, Frankford-
Loans and discounts, s1O9, ,4O1 65;
capital and surplus, $4,000 90; undi-
vided profits, S3,045. IA; individual |
deposits subject to check, S41,71S41.
Selbyville National Bank. Selby- |
ville-LOans and discounts, S344, SOL |
IA; capital and surplus. $4,000; un-
divided profits, S3,375.74; individual |
deposits subject to check, S120, ,409.50. |
First National Bank, DagsbOrO-l
Loans and discounts, S119, 9,5S9.57; cap |
ital and surplus, $4,000; undivided |
profits, $4,431 65; individual deposits
subject to check, S35.646. A.
Millsboro Trust and Safe Deposit |
Company. MillsborO-LOans and Dis
counts, 64,676 "a; capital and sur
plus, s43,500; undivided profits, $14,
1852 Il; individual deposits subject TO
check, SOS, ,55S 66.
Fidelity Trust and Savings Bank,
Lewes-Loans and discounts. 1884,
86S.59; capital and surplus. $4,000;
undivided profits. S2.522. 95; individ
ual deposits subject to check. S91,-
57S.5
Farmers Bank Georgetown-Loans
and discounts, SS8,441 20; capital and
surplus, S275.000; undivided profits.
S37 ,967 As; individual deposits sub
ject to check, $210,009 AT.
First National Bank, Georgetown
Loans and discounts, S200,146. SO;
capital and surplus. $4,000; undivid-
ed profits, S12.633 20; individual de-
posits subject to check S109.S17 .46.
Baltimore Trust Company (branch-
es at Selbyyille, Camden and Bridge
ville)-Loans and discounts. $685.
495. 43; capital and surplus. S92.-
500 90; undivided profits, $S2.246. 81;
individual deposits subject to check,
SS59752. 50.
Greenwood Trust Company, Green ;
wOod-Loans and discounts. sos, ,400.-
70; capital and surplus. $4,000; un-
divided profits, 1859 .O9; individual
deposits subject to check, $71,S65. 46.
Sussex National Bank, SeafOrd- ]
Loans and iscounts, $2SS,1 So; cap
ital and surplus, $4,000; undivided {
profits, S9,67S. 10; individual deposits
subject to check, S161,224. As.
First National Bank, Seaford-
Loans and discounts. S529,217 81;
capital and surplus, 100000; undi-
vided profits, S26,21O35; individual
deposits subject to check, s314,670. 20.
Peoples National, Laurel-Loans
and discounts, S319,138.75; capital
and surplus, 100000; undivided pro- ,
fits, $21, ,292. 5S; individual deposits
subject to check, $1O5,O07 .95.
The Bank of Delmar, Delmar-
Loans and discounts. S156,516. 80;
capital and surplus, S53,50O; undivid- !
ed profits, s2,919. "a; individual de- :
pOsits subject to check $50, ,70S. 55. !
Delaware Trust Company branches
at Wilmington. Dover and Laurel, all p,
included in the repOrt-LOans and in : .
$2,S01 ,S55. As; capital sur !
plus and undivided profits, S516,547.- ,,
65 deposits, S2,0S7 SIS. 2S. ,,
Sussex Trust Company, Lewes- =
Loans S489. .4SO O5; capital stock. $780,
900; undivided profits, SCI, sos. 4S; in :
dividual deposits subject to check,
S123, 1916
In the foregoing list of statements
those of the Laurel and Milton branch
Of the Sussex Trust Company, and the
Milford Trust Company and First Ma
tional Bank, of Milford, are not in
cluded. 7
All of the banks show an increase "
Of several thousands of dollars over b
the corresponding period of last year e
and there is not one in the county not
making money for the stockholders.
that a little more v
than twenty-five years ago there were
located only at Milford, b
and Seaford which hand c
led the banking business of lower o
Delaware, their business is more t
today than it was when n
they had full sway, despite the fact d
that about fifteen banks have sprung
Up within the past quarter of cen f
Jury. D