Cherokee Daily Times from Cherokee, Iowa on May 31, 1960 · Page 45
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Cherokee Daily Times from Cherokee, Iowa · Page 45

Cherokee, Iowa
Issue Date:
Tuesday, May 31, 1960
Page 45
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Since IN PROGRESSIVE JOHN President .y^t <-J - 931 OFFICERS A. W. Jones President. H. E. Bennett, V. President, H. N. McMaster, Acting Cashier ...DIRECTORS v Board.;'of-'rJirectors were: H.-E.' Bennett. R." A. Caswell, Carl J. Goeb, A! W. .Tories, James F. Weart and Wallace Caswell. - , £#&* ,-J ,X**jV f ' f ^ 2"J *• / ^ ** ^ .OFFICERS.. JOHN B. KEELINE, President ALBERT EGGERT, Vice Pres. & Cashier G. PINGREY, Vice Pres. & Trust Officer E. II. BUCKENBERGER, Asst. Cashier DIRECTORS ALBERT EGGERT CARL J. GOEB ' ; A. W. JONES ; .... . .; -,:. JENNIE M. KEELINE JOHN B. KEELINE 1931 FINANCIAL .> STATEMENT Capital 550,000.00 Surplus and Undivided Profits 25,000.00 Deposits " 110,704.07 Loans and Discounts 41,689.00 Bonds, Gov. Mun. 41,200.00 The Central Trust & Savings Bank has always-kept abreast, of time in the banking field and of the wonderful growth through the-years of Cherokee and surrounding areas. We are proud to'be a part of this active community and appreciate the fact that our continued growth during the past twenty-five years has been due, in no ; small measure, to the confidence and splendid, patronage of the people of Cherokee and this territory. ' Our Bank has been designed to offer various services which are new and unique, always with the thought of making banking easier. With this thought in mind we operate offices both in-Washta and Quimby for your convenience. This foresight and courage distinguishes the progress and is in keeping with the advancement of Cherokee. We are proud of.this-— while still maintaining solid, down to earlh. .basic banking principles. Our .complete banking scervice is designed to offer you the most convenient bank ing-possible. Our friendly staff of thirteen people and officers are sincerely interested in making ; j your,banking pleasant. „ : 1956 FINANCIAL STATEMENT RESOURCES: Loans and Discounts 51,224,573.24 Overdrafts 116.48 United Stales Bonds 1,508,609.67 Municipal Bonds 595,895.27 Banking Hours '. 1-00 Furniture and Fixtures 1.00 Other Real Estate — (Adjoins Bank — Clear) 1.00 U. S. Bonds redeemed 5,338.05 Cash due from Banks 510,007.69 TOTAL RESOURCES S3,844,548.40 LIABILITIES: Capital Stock S 50,000.00 Surplus 50,000.00 Reserve for Contingencies, etc. 50,000.00 Reserve for Depreciation, etc. SO.OOU.OO Undivided Profits 60,941.71 Interest Collected - Not earned 15,152.75 Deposits 3,568,453.94 TOTAL LIABILITIES 33,844,548.40 MEMBER FDIC -' (.CHEROKEE, IOWA l QUIMBY

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