The Republican. [volume] (Oakland, Md.) 1877-current, 1919-01-09
REPORT OF THE CONDITION OF
The Garrett National Bank,
AT OAKLAND.
In the State of Maryland, at the close of
business, December 31st, 1918.

AT OAKLAND,
In the State of Maryland, at the close G
business, December 3lst, 1918.
RESOURCES.
Loans and discounts, includ-
ing redlscounts. .......N S347, 788
Acceptances of other banks
discounted. ........... 10000 {
U. S. Bonds (other than
Liberty Bonds but includ-
ing u S. certificates of
indebtedness) =
U. S. bonds deposited to Sc
cure circulation (par value) $4,000
U. S. bonds and certificates
of Indebtedness owned and
unpledged. -. ......... 1900
Liberty loan bonds
Liberty Loan Bonds, 80,
4 and al per cent. I'M
pledged. ....... S96, $50 90
Payments actually made on
Liberty d per cent. bonds
of the Fourth Liberty Loan
owned: ......Sl $40, GOO 90 LOG, $50 {
Bonds, securities, etc. (other
than U. So
Securities other than u. S.
bondstno including stocks)
ownedunpledged 3O1, Jas 90
Collateral Trust and other
notes of corporations is
sued for not less than ONE
YEAR nor more than
THREE YEARS time
........ $3.50. So6, 400 w
Total bonds, securities, etc.,
other than U. S. .......... 1867, 600
Stock of Federal Reserve
Bank go per cent. Of SUBJ
scription). ........... $3.50
Value of banking house own
ed and unincumbered. ... 1880 G
Furniture and fixtures. ..... 5000 Q
Lawful reserve with Federal
Reserve Bank. ........... 1880 6
Cashinvault and net amounts
due from national banks. Ill, 97l s
Net amount due from banks,
bankers. and trust COM
above). .................. 6,775
Checks on other banks in
the same city or town as
reporting bank (other than
dDONS) .......... loo
Total of Items 1lS, $50 10
Checks on banks located out
side of city or town of re-
reporting bank and other
cash items .............. 800 5
Redemption fund with u. S.
S. Treasurer 49,. $500 0
Interest earned but not col
lected - approximate on
Notes and Bills Received
not past due. ............. 3,5l3 5
Total ......,.......... $l,1O7, 400 o
LIABILITIES.
Capital stock paid in w $50, 600 o.
Surplus fund ............ $1,000 o.
Undivided profits Sl3. 452 65
Less current expenses. in
terest, and taxes paid. 80. 10, 452 s.
Interest and discount col
lected or credited. in adj
vance of maturity and not
earned approximately .. 4,25l 3
Circulating notes outstanding 80, 997 5
Net amounts due to Nation
al banks ........ ... 1l2 i
Net amount due to banks,
bankers and trust com
above. '..',..........',. "a 9
Total Of items Sl46 IS
Demand deposits (other
than bank deposits) sub
ject to Reserve deposits
payable within 30 days):-
to check ,'..'........... 49,. 726 6
Certificates of deposit due in
less than 80 days (other
than for money borrowedJ 1917 5
Cashiers checks outstand-
ing ................... 1853 8
Dividends unpaid ...... 1900 o
Total demand deposits (other
than bank deposits) sub
ject to Reserve S486. los %
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) 23,613 3
Other time deposits ....... 4l0, 532 3
Total of time deposits sub
ject to Reserve $434, l45 ~
United States Deposits (other
than postal savings): -
War loan deposit account. 4,307 0
Total. ........ Sl,lO7, 409 U
State of Maryland. County of Garrett
|. G. A. FRALEY, Cashier of tn
above-named bank, do solemnly swea
that the above statement is true to tn
best of my knowledge and belief.
G. A. FRALEY, Cashier.
Subscribed and sworn to before m
this 7th day of January. 1919.
JOHN NJ. JARBoE, Notary Public.
Correct-Attest: GILMoR S. HAMILL,