Lubbock Avalanche-Journal from Lubbock, Texas on April 6, 1975 · Page 10
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Lubbock Avalanche-Journal from Lubbock, Texas · Page 10

Lubbock, Texas
Issue Date:
Sunday, April 6, 1975
Page 10
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Page 10 article text (OCR)

6-B—LUBBOCK AVALANCHE-JOURNAL-Sunday Morning. April A. 1975 STATEMENT OF CONDITION OF LUBBOCK, TEXAS At the Close of Business March 31, 1975 DIRECTORS RESOURCES Cash and due from banks $13,886,654 United States Government Obligations, direct and fully guaranteed . 25,217,133 Government Agency Bonds 27,^827,503 Municipal Bonds .. 18,378,272 Other Securities 350,000 Federal Funds Sold 8,500,000 $94,159,563 Loans and Discounts 52,947,271, Bank Building and Real Estate 840,436, Furniture, Fixtures, and Equipment 175,936. Other Assets 1,557,701, Total $149,680,908. OFFICERS LIABILITIES 91 Capital Stock $3,394',050.00. Certified Surplus ... 3,400,000.00 | • 13 Undivided Profits 275,261.60 .02 ,78 .00 ,00 ,14 ,05' 58 56 29 62 Reserves 2,883,982.56 Other Reserves 2,275,000.00 Other Liabilities .... 2,621,360.76 . Deposits 134,831,253.70 Total $149,680,908.62 The Above Statemenf Is Correct J.M. BiRDWEU, Cashier W. R COLLUn PMtiCCft T HARMON JEHKINS M.J. (Bud) Aderton Snook & Aderton, Inc. Rex Fuller R.P. & Rex Fuller Oil Company B.R. (Rip) Griffin Rip Griffin Truck Service Centers Berl Huffman Retired Educator- Texas Tech University Bill Edd Mclaughlin President-Texas Bank Ethel McLeod Sec./Treaj. Stenocall, Inc. & Lubbock Radio Paging Service, Inc. Don Osborne President ' The Osborne Company Realtors & Insurers Polk Robison Athletic Department Texas Tech University Rolan Simpson Investments C.V. Singleton Mortician Preston Smith investments DIRECTORS Weldon Gibbs E.K. Hufstedler, Jr. Harold E. Humphries Harmon Jenkins Joe N. Nislar Joe Birdwelf I. Wylie Briscoe W.R. Collier Earl B. Collins Don Hudgeons Mr. Floyd Honey Retired School Administrator Norma E. Porres, M.D. Physician V'Ct f»e BOB RUSH vice ft BOBBI t VICt r*C5lDlNT JOHN CAMMACK if V VL t t. f , Eicb dejtoillor I mured to (40,000.00 OUR CUSTOMERS ARE OUR GREATEST ASSET! ndensed Statement of Conditio March 31, 1975 STATEMENT OF CONDITION TEXAS BANK At the Close of Business March 31, 1975 ASSETS Cash and Due From Banks , $1,010,612.65 Federal Funds Sold 1,200,000.00 U.S. Government Securities 896,255.83 Loans 2,309,103.90 Fixed Assets 367,331.63. Other Assets 102,064.24 Total $5,885,368,25 LIABILITIES Capital $400,000.00 Surplus 400,000.00 Undivided Profits 253,000.39 Reserves 122,871.25 Demand Deposits $2,407,338.08 Time Deposits 2,302,158.53 Total Deposits 4,709,496.61 Other Liabilities , -Q- Totd $5,885,368.25 OFFICERS Bill Edd Mclaughlin President Conrad Schmid Vice President Larry W. Abies Vice Prciident Ann Jones Vice President i Cashijr ADVISORY COUNCIL BOARD OF DEVELOPMENT Mr. Monte Hasie Stockbroker Mr. Don B. Austin Farmer Mr. Randy L. Wrigh> Real Estate Management Mr. Charles E. Goley Attorney Brock, Waters & Galey Mr. W.R. "Tony" Baker, CLU District Sales Manager Metropolitan life Ins. Co. LUBBOCK'S NEWEST L 0 C A L L Y - 0 W N E D 8 A fV K OFFICERS President &• Chief Executive Officer C.B. CARTER Executive Vice President CEO. N. ATKINSON' Exrcutivr Vice President Loan Administration TOMMIESTEVEIVS Exec. Vice President & (.'asliFcr Administration and finance J01I.N !•:. OiNCKE.N Senior Vice Prc.'idcnls DALDeSEES R.B. HAIL GEORGE C. MILLE71 Vicr Presi'tifnts J.M. CHUM I" CLYDE CORDON MEDKORD B. HUM' WALTER W. Mo WIT JAMES E. SEVER C.W. VAXCI.EEYF, JEAIXiiLLE WARD Assistant Vicr Prr.-ifJcnts RICHARD L. HENDERSON DORIS IHMDMAiS VAMA McCELVKY BARBARA SMITH LARRY 0. TESTER TO.NY WAYLAID Assi.-tanl Cnshirr-; JAMES >J. CROLEY MONTY GODDARD HA/EL MARSHALL PII1MPK. ROBERTS BARBARA ROGERS TRUST DEPARTS E>T Vine President & Senior Trust Officer WILLIAM I). ARMSTRONG Vice President & Trust Officer JOER. AYRES Assistant Vice President & Trust Officer GEORGE ROGERS 7fil 10,000 156. tal * RESOURCES Cash and due from biuk?.. | ( g 0( - _ I.'. 5. Treasury iccurities 28'lOs'fi Stale, county and municipal bonds •>•] •>in',-. . . . - r • • Jo,iVlU,r Other securities ,. Total Inieilmenl Securitie* ..'.."...' oT 15 I.nans " .,.', Federal funds sold ».Z!Z!zi;z";"Z";;;;;;;;;;""; 'i Cm,m Hanking premises »nd equipment •> Tti 071 Accrued income .V.ZVZZZ3.'."'.'.' M85,3tt O<her assets TOTAL ASSETS .. '"'.. .'.'.'.'.'.'.'.'."'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.!'.'.'.'.','. LIABILITIES Demand deposits $38,605,586 Time deposits 70.791.659 Tola! Deposits 109,397,213 federal funds purchased 3,125 000 Accrued expenses 366,'o62 Deferred Income 339 ^35 Total Liabilities M.3,277 9^2 Reserve for possible credit losjet j 159 9.JQ CAPITAL ACCOUNTS ' ' Common Slock 3,000,000 Surplus 2,125,000 itelained earnings 2.407 459 Total Capital Accounts 7 53' 459 TOTAL LIABILITIES. RESERVE AiVD '"'' " " CAPITAL ACCOUNTS tl2l,97Q,,HI BOARD OF DIRECTORS^^ CEO. N. ATKINSON Executive Vice Preiident JOIINT. CATER Vir« Chairman Te.xas Commerce B»ncshare.«, Inc. C.B. CARTER President &• Chief Executive Officer FRANK H. CHAPPELL, JR. Ranching DAN DAVIS Exec. V.P. & Gen. Mgr. Plains Cotton Coop. Asm. RAY J. DIEKEMPER Pres., El Riy Builders Supply R.C. DOUGLAS, M.D. Physician JOHN A. FLYGARE Attorney At Law VERMCE FORD Farming and Investment* W.D. HORD Chm. of the Board, Western Air Products, Inc. JOHN A. UtGilES Banking and Insurance J:L. IRISH Farming and Investment! Inc. ROYCE C. LEWIS, JR., M.D. Physician W.R. McKliSSEY Vice President & General Manager Stale Telecasting Company, Inc. W.G. MCMILLAN, JR. President W.(j. McMillan Construction I'.o GEORGE C. MILLER* Senior Vice President W.D. NOEL President, El Paso Products Co. JOHN E. ONCKEN" Executive Vice President 4 Cashier E.G. RODMAN President, Rodman Oil Co. EARLG. HODMAN, JR. Vice President, Rodman Oil Co. ROBERT II. STAFFORD Henry L. Stafford Construction Co. TOMMIE STEVENS Executive Vice President CLYDE C.TATOM President, Talum Brother* Grain, Inc. D.M. WIGC1.VS Investments TEXAS BANK 19TH STREET AT AVENUE X TELEPHONE 762-8611 mm AT^MENf OR TEXAS COMMERCE BANK 14th and Av«nu« K RESOURCES Casli and Due from Banks 3,303,567.76 U.S. (Jov't SRcuriiins 956,157.25 Municipal Securities 1/194,635.48 Loans and Discounts 9,114,135.33 Federal Funds Sold 300,000.00 Furniture and Fi.Murrs 9-1,970.42 T5uildins and Leasehold Imp 176,681.04 Oilier Assets ..,. 163.98!.28 '1'OTAI $15,604,128.56 LIABILITIES Deposits 14,095,592,84 Caplial 300,000.00 Surplus 300,000.00 Undivided Profits & Reserves 908,535.72 TOTAL 515,604,128.56 D I R E C T O R S

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