The Republican. [volume] (Oakland, Md.) 1877-current, 1920-05-20
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, February 28th, 1920.
RESOURCES.
Loans and discounts, includ-
ing rediscounts ........ S4lO,846 SO |
U. S. Government securities
owned
Deposited to secure circula-
ton (U. S. bonds par val |
ue) .....50 900 90
Owned and unpledged, -:
............ 1874, $50 90
Total U. S. Government
securities ............... 1S4,150 90
Other bonds, securities,
etc.
Securities other than U. S.
bonds mot including stocks
ownedunpledged 1852, 100 90
Collateral Trust and other
notes of corporations is
sued for not less than ONE
YEAR nor more than
THREE YEARS time
............. SAP. 10 90
Total bonds. securities. ETC.,
other than U. S. .......... 1876, 44O 90
Stock of Federal Reserve
scription). ................ $3.50 90
| Value OF banking house own
ed and unincumbered. ..... IT. 500 90
Furniture and fixtures. .... 5000 90
Lawful reserve with Federal
Reserve Bank ........... 81, 5O7 95
Cashinvault and net amounts
due from national banks. 1873, 1853 90
Net amount due from banks,
bankers. and trust COM
panies (other than that
above). ................ 2,777 50
Checks on other banks in
the same city or town as
reporting bank (other than
above). ',............... COS rs
Total of Items$l37, 141 "a
Checks on banks located out
side of city or town of re-
porting bank and other
cash items. llS 81
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 ............. 1904 IA
, Total. ............... 81, 232, $50 70
LIABILITIES.
| Capital stock paid in ..... $4,000 90
Surplus fund ..... $4,000 90
Undivided profits $50, 756 05
Less current expenses, inter-
est, and taxes paid 3,035 Is 1920 81
} Interest and discount col
: lected or credited, in ad
vance of maturity and not
earned approximately 80. 4,263 20
! Circulating notes outstanding 1897 80
! Net amounts due to Nation
/ al banks. .............. 146 OF
!. Net amount due to banks,
bankers and trust COM
above. .................. 26. 142 rs
bank outstanding ,...... 566 %
Total of items S26, $50 08
e Demand deposits (other
Y than bank deposits) SUBJ
ject to Reserve deposits
payable within 80 days):-
], to check ..'..,.....,... 492, 359 &c
1 Certificates of deposit due in
less than 80 days tother
= than for money borrowed) 1852 II
: Total demand deposits (other
h than bank deposits) sub
h ject to Reserve $497 1871 Sc
y Time deposits subject to
Reserve payable after
80 days, or subject to 80
days or more notice, and
v postal savings) =
= Certificates of deposit (other
than for money borrowed) 22,805 L
Other time deposits. ... ass, 426 OF
r Total of time deposits SUBJ
e ject to Reserve $512, 291 %
Total. ....... ........ 81, 1882, $50 Z;
'Of the total loans and discounts
q shown above. the amount on which
# interest and discount was charged q
IS rates in excess of those permitted b,
law (Sec. 5l97. Rev. Stat.) (exclusiv,
of notes upon which total charge no
u to exceed so cents was made) wa
y, AZ 000 M The nnnnhar Of auch loan