The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1920-01-01
WAYNE counTY BANKS

statements of all the Wayne county
banks as planned, number OF these
! bank officials being too crowded for
time at the years end, to furnish the
data requested 1t may be said, how
! ever, that every bank in this county
| has doubtless gained in resources dur
/ ing the year, judging from previous
reports, and that all the country
banks have enjoyed a prosperous year.
Eleven Of the Wayne country towns
have local banking facilities, and OF
! this number Cambridge City is the
| only town having two financial insti-
| tutions. The list of Wayne county
country banks follows:
| Boston: Farmers State bank; Cam
bridge City, First National and Wayne
National banks; Centerville, State
Bank of Centerville; Dublin, First Ma
Wayne bank; Fountain City, The
Fountain Bank; Greensboro, First Ma
! tional bank; Hagerstown, First Ma
tional bank; Milton, the Farmers
bank; Pershing, the Jackson Town
ship bank; Williamsburg, First Ma
tional bank. I
The Bank at Boston.
o. M. Whitmire, cashier OF the
| Farmers State bank, of Boston, writes,
Il take pleasure in giving you con-
densed statement of our banks con-
dition on the eve of our seventh an
niversary, Dec so, 1919"
The statement showed that the capt.
tai, surplus and profit accounts totaled
s27, 1850; that their resources were
! S1S4,11S.11, and the deposits $127,642.'
81, on Dec 20. The letter goes on to
say that: This closes the most sue
cessful year in the history o. this
little bank. At the first of the year
substantial amount will be set to
surplus, and a nice dividend declared
to the stockholders, all of whom are
farmers, except one"
First National, Cambridge.
In their statement of Nov. II, 1919
made to the comptroller, the First Ma
tional bank of Cambridge City, showed
that their resources were S433,358
| and their deposits s335,932. In the
, letter from Cashier Harmier 1t i:
: stated that, comparing the above
: figures with the statement of Novem
, Der, 1918, these show net gain o.
. $4,000 in deposits and of $4,000 il
; resources, during the previous twelve
5 months" Mr.. Harmier adds: ave
; have added to our bank Trust powers
[ insurance ana Lana Bank loans, Lnu
greatly broadening our scope of use
{ fulness to our customers" The bank
5 capital and surplus was $63,725 OF
November II.
Wayne Trust Company.
The total resources of the Wayne
= Trust company at Cambridge Cit,
: were given as s579,494, and the de
: posts at s450,729, on Nov. II, at wnicl
, time the capital and surplus figured a
:. 100000. The officials report a bus,
/ and satisfactory year. but lacked tim
S to bring their figures down to date
t and covering the entire year, whel
z enclosing their November II report.
e Other County Banks.
y The Centerville State bank makes
g strong showing, it's statement bein
e brought down to Dec. 81. The bank
e resources are s330,50S; its deposit
t. $279,315, and the capital stock an
s surplus now stands at S39.337. TIL
# bank holds over $50, 900 in Libert
h bonds and treasury certificates.
e The First National of Greensfor
r shows net earnings of S3,995 for tn
# year ending Dec. 26, as against ear,
= ings of but $2,S69 for the previou
C year. There was a net gain of nearl
$4,000 in resources during the pas
j year, these now standing at $226,99
e while the surplus and undivided prof
o accounts show a total of $4,675. a