The Republican. [volume] (Oakland, Md.) 1877-current, 1919-07-10

OAALAND, Md
REPORT OF THE CONDITION OF
The Garrett National Bank,
AT OAKLAND,
In the State of Maryland. at the close of
business, June Both, 1919.
RESOURCES.
Loans and discounts, includ-
ing rediscounts. ....S 1890, 091 81
U. S. Bonds (other than
Liberty Bonds but includ-
ing U. S. certificates of
indebtednessl:-
U. S. bonds deposited to Sc
cure circulation (par yalue)
......4I.. $1,000 90
Premium on U. S! bonds, $4,000 90
Liberty loan bonds: =
Liberty Loan Bonds, 81,
4 and At per cent. I'M
pledged. --.-----l06-5 800 90
Liberty Loan BoAdsp 81, 4,
and At per cent? pledged
tosecure State. or other de-
posits or bills payable. LOG, 500 90
Bonds, securities, etc. (other
than U. So
Securities other than U. S.
bonds mot including stocks)
ownedunpledged 33l ,675 90
Collateral Trust and other
notes of corporations is
sued for not less than ONE !
YEAR nor more than
THREE YEARS time
.......... S36. 730 90
Total bonds. securities. etc.,
other than U. S........... 1868, 4O5 90
Stock of Federal Reserve
Bank $50 per cent. of sub
scription). ............. $3.50 90
Value of banking house own
ed and unincumbered. .. 27,500 90 (
Furniture and fixtures. ..... 5000 90 |
Lawful reserve with Federal
Reserve Bank ............ 5S,OS3 OF
Cashinvault and net amounts
due from national banks. 60, 98l 80 /
Net amount due from banks,
bankers. and trust COM
panies (other than that
above). ......... 6,274 81 |
Checks on other banks in
the same city or town as
reporting bank (other than
above). ............. 514 80 |
Total of Items $40, ITO SO
Checks on banks located out
side of city or town of re-
reporting bank and other
cash items. .......... 48 l6
Redemption fund with U. S.
Treasurer and due from U.
S. Treasurer ..... 5000 90
Interest earned but not col
lected approximate on
Notes and Bills Received
not past due. ...... 4.1SS O6
War Savings Certificates
and Thrift Stamps actually
owned ................... 129 So
Other assets, if any. .. 1900 90
Total. .:............ 81, ,O66 OF
LIABILITIES.
Capital stock paid in 800. $4,000 90
Surplus fund ........ $4,000 90
Undivided profits 81, 1877 90
Less current expenses. inter-
est.and taxes paid ........ 1897 95
Interest and discount col
lected or credited. in ad-
vance of maturity and not
earned approximately -. 4.S73 81
Circulating notes outstanding 1897 so
Net amounts due to Nation
al banks ......... 2.1S7 81
Net amount due to banks,
bankers and trust COM
panies (other than that
above) ................... 9,169 SO
Certified checks outstanding $40 "a
Cashiers checks on own
bank outstanding 49,. 2.1S3 So
Total of items $l4, l31 So
Demand deposits (other
than bank deposits) sub
ject to Reserve deposits
payable within 80 days):-
Individual deposits subject
to check .............. All. OO2 10
Certificates of deposit due in
less than 80 days (other
than for money borrowed) 9,109 40
Dividends unpaid. ... $500 90
Total demand deposits (other
than bank deposits) SUBJ
ject to Reserve $424, Gil IS
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) rs, 266 AZ
Other time deposits. ... 442, $50 %
Total of time deposits sub
ject to Reserve $468, l26 65
United States Deposits (other
than postal savings):-
War loan deposit account
90 10
Other U. S. deposits. in
Guiding deposits of u. S.
disbursing officers. w 526 rs
Total. ....... ........ s1,O95, O66 OF
State of Maryland, County of Garrett,
l. 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 8th day of July. 1919.
JOHN M. JARBoE, Notary Public.