The Republican. [volume] (Oakland, Md.) 1877-current, 1918-05-23
REPORT OF THE CONDITION OF
The Garrett National Bank,

REPORT OF THE CONDITION OF
The Garrett National Bank,
AT OAKLAND,
In the State of Maryland, at the close of
business. May 10th. 1918.
RESOURCES.
Loans and discounts 1882, 156 q
U. S. Bonds (other than
Liberty Bonds but incud-
ing U. S. certificates of
indebtedness) =
U. S. bonds deposited to Sc
cure circulation (par value) $4,000 0C
Liberty loan bonds:-
Liberty Loan Bonds, 81 per
cent and per cent. I'M
pledged. .........$2,600 90
Liberty Loan Bonds 81 per
cent and a per cent, pledg-
ed to secure State or other
deposits or bills payable.
............... S33, 800 90
Payments actually made on
......'.... - $59,85O 90 $3.50 OF
Bonds, securities, etc. (other
than U. ST.
Securities other than U. S.
bonds mot including stocks)
ownedunpledged 2S6,965 90
Collateral Trust and other
notes of corporations is
sued for not lass than ONE
YEAR nor more than
THREE YEARS time
9OJI ooO w
Total bonds, securities, etc.,
other than U. S........... S56, 795 OF
Stock of Federal Reserve
Bank $50 per cent. of sub
scription). ......... $3.50 OC
Value OF banking house. 90. 27,500 OF
Furniture and fixtures. 800. 5000 OF
Lawful reserve with Federal
Reserve Bank. ........... 38,7O2 81
Cash invault and net amounts
due .om national banks. 1894 81
Net amount due from banks,
bankers. and trust COM
above). w.. ..... ......... 2,558 2,
Checks on other banks in
the same city or town as
reporting bank (other than
above). pit 6;
Total of Items SOL, $50 "a
Checks on banks located out
side of city or town of re-
reporting bank and other
cash items. .............. 453 81
Redemption fund with U. S.
Treasurer and due from U.
S. Treasurer. ........,,. 5000 OF
War Savings Certificates and
Thrift Stamps actually
owned .................., 358 Is
Total. Observation-Disclosures. 1882, 696 5.
LIABILITIES.
Capital stock paid in ...... $50, 900 OF
Surplus fund ............. $1,000 0(
Undivided profits S2l, 457 10
Less current eX-
penses, interest,
and taxes paid 1,135 60 10, 321 Sc
Circulating notes outstanding 40, 1897 81
Net amount due to National
banks OBSERVATION-DISCLOSURES. l75 O4
Net amount due to banks,
bankers and trust COM
panies (other than that
Total of items So, 78o Is
Demand deposits (other
than bank deposits) sub
ject to Reserve deposits
payable within 80 days. -
Individual deposits subject
to check. .............'... 300, 100 81
Certificates of deposit due in
less than 80 days (other
than for money borrowed) Is, 1873 Oh
Certified checks. .......... 70 81
70 chiar,c nbankc
ing. ..................... 1888 81
Total demand deposits (other
than bank deposits) sub
ject to Reserve, 1923, 421 92
Time deposits subject to
Reserve payable after
80 days, or subject to 80
days or more notice, and
postal savings):-
Certificates of deposit (other
than for money borrowed) 1888 &c
Other time deposits. ........ 1874, 228 sc
Total of time deposits sub
ject to Reserve $427, 161 sc
United States Deposits (other
than postal savings):-
War loan deposit account. 1868 80
Bills payable, other than with
Federal Reserve Bank, in
GLIDING all obligations rep
resenting money borrowed,
other than rediscounts. =. 10000 90
Total. ........ ...........S982. 696 50
State of Maryland, County of Garrett,
|, G. A. FRALEY, Cashier of the
above-named bank, do solemnly swear
that the above statement is true to the
best of my knowledge and belief.
G. A. FRALEY, Cashier.
Subscribed and sworn to before me
this 10th day of May, 1918.
JOHN M. JARBoE, Notary Public.
Correct-Attest: GILMoR S. HAMILL,
D. E. OFFUTT,
lbs F. HARMED