The Republican. [volume] (Oakland, Md.) 1877-current, 1920-01-15
REPORT OF THE CONDITION OF
The Garrett National Bank,
AT OAKLAND,

Inc NaIrGCC National BANK,
AT OAKLAND,
In the State of Maryland, at the close of
business. Dec. 3lst, 1919.
RESOURCES.
Loans and discounts, includ-
ing redlscounts. ..S 420, 1G3 rs
U. ). Government securities
owned:-
Deposited to secure circula-
ton (U. S. bonds par val
ue) 50, 600 90
Owned and uDp!edQed. go.
..-......... Sal. 200 90
Total U. S. Government
securities ........ 1871, POO 90
Other bonds, securities,
Securities other than U. S.
bonds( mot including stocks
ownedunpledged BAG, 700 90
Collateral Trust and other
notes of corporations is
sued for not less than ONE
YEAR nor more than
THREE YEARS time
''.'.... ....... So9, SUI W
Total bonds. securities, etc,
other than U. S........... 1886. 500 90
Stock of Federal Reserve
Bank go per cent. of sub
scription). ;,............. $3.50 90
Value OF banking house own
ed and unincumbered. 49,. 1880 co
FURNITURE and fixtures. ... 5000 o.
Lawful reserve with Federal
Reserve Bank. .......... 54.529 So
Cashlnvault and net amounts
due from national banks. ITO, 800 SO
Net amount due IRON banks,
bankers, and trust COM
panies (other than that
above. ..;.......... 1927 81
Checks on other banks in
the same city or town as
reporting bank (other than
above): .........,.. 5O4 90
Total of ItemsS1lS, 112 So
Checks on banks located out
side of city or town of
reporting bank and other
cash items. ........... 479 65
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. ............. 4,756 81
Total. ................. S1,214,432 90
LIABILITIES.
Capital stock paid in ...... $50, 900 90
Surplus fund .............. $4,000 90
Undivided profits Sl2, 1881 81
Less current expenses, inter-
est, taxes paid ....... 1881 "a
Interest and discount col
lected or credited, in ad-
vance of maturity and not
earned approximately -. 1884 rs |
notes outstanding 4S, 1877 SO |
Net amounts due to Nation
al banks. ......... 80. 545 90
Net amount due to banks,
bankers and trust COM
panies (other than that
above!. .............. %, 1875 As
Cashiers checks on own
bank outstanding ... 3,441 SO
Total of items S27, 112 IL
Demand deposits (other
than bank deposits) sub
ject to Reserve deposits
payable within 80 days):-
Individual deposits subject
to check .:.;............ 467, 584 20
Certificates Of deposit due in
less than 80 days (other
than for money borrowed) 6,750 II |
Dividends unpaid. .......... 4,5O0 90 |
Total demand deposits (other
than bank deposits) sub
ject to Reserve Gt73 SCI 81
Time deposits subject 10
Reserve payable after
80 days, or subject to 80
days or more notice, and
postal savings):-
Certificates Of deposit (other
than for money borrowed) %, S99 IS |
Other time deposits. ...... 494, All Sc |
Total of time deposits sub
ject to Reserve $517,371 Al
Total......... ........ Sl,214. 432 20
State of Maryland, County of Garrett,
|, 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 10th day of January, 1920
JOHN M. JARBoE, Notary Public.
Correct-Attest: G. s. HAMILL,
D. E. OFFUTT,
Jos. E. HARMED,