The Hays free press. [volume] (Hays, Kan.) 1908-1924, 1922-07-06
Farmers State Bank
(BY R. KENNETH EvANs)

Indicative of the spirit with which the Fa rmers
State Bank of Hays has constantly worked for the
upbuiIdng of this section of Western Kansas is e-
pressed in letter which was sent out to various Gus
toners of the bank, which read IN part:
eve want you to feel the same pride IN the
growth and accomplishment of the Farmers State
Bank that we the officers directors and stockholders
do which in substance means that the bank has
stantly been operated from the standpoint OF not
only making financial success to the owners and
stockholders but credit and an asset TO the CITY OF
Hays and county of Ellis.
The Farmers State Bank has always been
known in Hays since it's establishment as the Bank
Which Backs the Farmer" The truth in this saying
has been shown in its growth and development which
dates from September rs, 1916 and at time when 1t
facing of the most trying periods in financial
history in the United States, viz, The World War.
assets @ o8er TO- more fRan S82
100000 in August 1919, with steady and substantial
advancement and growth up TO the present ClIne'
At the time Of the organization of the bank its
capital stock $25, 100000 with surplus Of S5,-
100000. In order to for the steady increase in
business and the demand occasloned by an increased
patronage, the bank forced to raise It's capital
stock to $5O,OO0.OO and now is operated with that
stock and surplus of $I5,0OO.OO
The Farmers State Bank has advanced on sound
banking principles. One of the most modern bank
ing houses in Western Kansas not only affords
tensve facilities for banking in modern way, but is
asset to the city from the standpoint of being one
of the most attractive business edces in the county
Every modern convenience for carrying banking
modern scale have been provided, which also IN
cludes safety deposit boxes in a fire proof vault A
private room is provided for the examination of
tents of boxes and the pleasure of the customer
well as the proper of his business is feature of
this business
Savings accounts of the bank handled in a
separate department This is a branch of the bust
which should attract the attention and interest
of every man. woman and child who wishes to pre-
against a rainy day and have their funds where
they protected
general farm loan business is also carried on
and it is through this bank that many farmer in
Ellis county has been able to weather period of adj
versity by being able to funds promptly
through this bank by farm loan A general insur-
business is also INDUCED in with the bank repre-
senting some of the most substantial old line
panes doing business under the rigid insurance laws
of the state of Kansas.
John S. Sack is president of the bank and is one
of the substantial successful residents of Western
Kansas. n. M. Schlyer is vice president.
F. W. Arnhold, one of the younger business men
of the city, who is recognized successful and
conservative banker is cashier of this institution
while /. j. Rupp is assistant cashier. All the men
connected with the bank have worked from the
STANDPOINT of building up successful financial insti-
tuition. The building of which the city of Hays
and this entire section of the country is proud,
constructed in 1919 and occupied in 1920 at an ap-
proximate cost of $40, 100000 It is constructed of
Carthage stone and finished inside with marble and
is of the visiting spots of Hays. 1t is equipped
with a Mosler burglar proof vault. The bank is a
member of the Kansas Bankers Association, and the
American Bankers Association. It is indeed an in
sttuton with bright future ahead of it, although it
has been in operation but short time comparatively.
Condensed Statement of the Financial Condition
of the Farmers State Bank Hays City, Kansas at the
close of business, June g. 1922:
RESOURCES LIABILITIES