The Republican. [volume] (Oakland, Md.) 1877-current, 1919-11-27
REPORT OF THE CONDITION OF
The Garrett National Bank,
AT OAKLAND,

The Garrett National Bank,
AT OAKLAND,
In the State of Maryland. at the close of
business Nov. l7tb, 1919.
RESOURCES.
Loans and discounts, includ-
ing rediscounts . $420, 664 Al
U. S. Government securities
owned
Deposited to secure circula-
ton GU. S. bonds par val
ue) .............5 80, coo 90
Owned and unpiedged.
.............. $40, $50 CO
War Savings Certificates
and Thrift Stamps actually
owned ..............84 40
Total U. S. GOverement
securities ..... 191, O34 40
Other bonds, securities.
etc.
Securities other than U. S.
bonds(not including stocks
ownedunpledged 345,200 90
Collateral Trust and other
notes of corporations is
sued for not less than ONE
YEAR nor more than
THREE YEARS time
............. l,8l0 90
Total bonds. securities, etc.,
other than U. S.......... 3s7, O1O 90
Stock of Federal Reserve
scription). ................ $3.50 90
Value of banking house own
ed and unincumbered. ..... 27,5OO 90
Furniture and fixtures, 800. 5000 90
Lawful reserve with Federal
Reserve Bank. ..,........ 56.S49 81
Cashinvault and net amounts
due from national banks. 67,24S IA
Net amount due from banks,
bankers. and trust COM
above). w.. :......-...... 1,648 go
| Checks on other banks in
the same city or town as
reporting bank (other than
| aDOVe).. ........ M....... w 0S
Total of Items $69, $50 65
Checks on banks located out
side of city or town of re-
reporting bank and other
cash items. -. LIZA 4s
Redemption fund with U. S.
Treasurer and due from U.
S. Treasurer. ............. $500 90
| Interest earned but not COL
lected- approximate on
Notes and Bills Received
not past due. 5,196 2e
Total. ................. lilo, 468 81
LIABILITIES.
Capital stock paid in ..... $4,000 0C
| Surplus fund .......... $4,000 0C
Undivided profits $27, ALP 70
Less current expenses, inter-
Land taxes paid14 GIG "a IL, 496 AZ
Interest and discount col
lected or credited, in ad-
vance of maturity and not
earned (approXimate) 49,. 4.366 "a
Circulating notes outstanding 47,497 81
Net amounts due to Nation
al banks. ...:...... ...... 1913, 81
| Net amount due to banks,
bankers and trust COM
panies (other than that
above) ............. 1854 8:
Cashiers checks on own
bank outstanding -. 1927 Il
Total of items SIS, 866 80
Demand deposits (other
than bank deposits) sub
ject to Reserve deposits
payable within 80 days):-
Individual deposits subject
to check ............. All. 1913 8;
Certificates of deposit due in
less than 80 days (other
than for money borrowed) Sab s.
Total demand deposits (other
than bank deposits) sub
| ject to Reserve SAT- 407 60
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) 24,233 IS
Other time deposits ... 463.6 75
| Total of time deposits SUBJ
ject to Reserve $4S7, 1874 81
Total. ........ ........ 81, ITO, 46S 81
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 oath day of November, 1919.
JOHN M. JARBoE, Notary Public.
Correct-Attest: GILMoR S. HAMILL,
d. E. OFFUTT,
Jos. E. HARMED,