Decatur Daily Democrat, Volume 31, Number 191, Decatur, Adams County, 14 August 1933 — Page 6

Page Six

In celebrating our fiftieth anniversary we know there is no pride in the mere record of years or span of time. This is the day we are grateful for living. The joy of having lived comes through the amount of service one has been privileged to render to society, to the individual. Neither is it the fact that we are 50 years old that makes us happy or prompts us to prepare the birthday cake. To be young enough to be doing business in 1933 is cause for joy. But the occasion demands that we turn back a page from the last half century. Not in a spirit of boast, but rightfully proud of the bank’s founders and appreciative of the public’s splendid cooperative attitude during the past 50 years, we wish to reminisce a little. Fifty years ago, August 15, 1883, (under the name of the Decatur National Bank) this bank opened its doors, dedicated then, as now, to the principle of rendering public service and financial assistance to the community. The late Dr. T. T. Dorwin, one of the pioneer and active business men of his time, headed the group of men who organized the bank and served as its first president. Other officers of the bank were, Henry Dierkes, successful merchant and real estate owner, vice-president; Gus A. Kalbe, cashier; R. P. Dorwin, bookkeeper. The Original Stockholders were: Dr. T. T. Dorwin J. B. Holthouse Mary L. Peterson Robert Patterson H. H. Myers Robert S. Peterson Godfrey Christen Daniel Weldy J. H. Hobrock W illiam J. Myers J. H. Stone Henry Dierkes B. R. Freeman Fred Christianer L. C. Miller J. D. Hale John Dirkson J. H. Voglewede N. Blackburn Shaffer Peterson A. R. Pierce B. W. Sholty D. W. Myers Joseph Boehmer B. J. Brochertin J. F. McShane Those who served as officers of the bank since 1883 are: PRESIDENTS W. A. Kuebler ASSISTANT CASHIERS Dr. T. T. Dorwin J. W. Vizard ~ „ • p w Sm . th R. P. Dorwin C. A. Dugan CASHIERS J. S. Peterson VICE-PRESIDENTS Gua A Kalbe ~ * h,nger P. W. Smith Henry Oberwagner *• Burkin Henry Dierkes R. S. Peterson F. W. Jaebker Daniel Weldy €. A. Dugan T. F. Graliker J. B. Holthousc T. F. Graliker R. E. Glender.ning

50 YEARS in the BANKING BUSINESS

SOME STATISTICS July 23, 1897... Deposits—sl72,ol4 Resources—s 293,663 June 30, 1933.. ..Deposits—s923,7B4 Resources—sl,o39,793 IncreaseDeposits—s7sl,774 Resources—s 746,130 FIRST STATTBANK DECATUR, INDIANA

DECATUR DAILY DEMOCRAT MONDAY. AUGUST 14. 1933.

Men who have served on the board of directors of this half-century old financial institution are: Dr. T. T. Dorwin, J. D. Hale, J. H. Hobrock, J. B. Holthouse, A. R. Pierce, Daniel Weldy, R. S. Peterson, Henry Dierkes, R. I). Patterson, B. W. Sholty, W. J. Myers, John Dirkson, B. J. Terveer, P. W. Smith. Jacob Colter, D. G. M. Trout, Daniel Sprang, H. R. Moltz, W. A. K u e b 1 er, Dyonis Schmitt, Joseph Boehmer, B. J. Brochertin, J. F. McShane, E. X. Ehinger, E. C. Bleeke, John B. Mason, M. F. Rice, C. A. Dugan, Theodore Hobrock, C. E. Smith, J. P. Braun, J. W. Vizard. The minute book shows the following charters granted to this institution: The Decatur National Bank, 1883; First National Bank, 1903; First State Bank, 1930. Organized with a capital of $50,000, the capital structure has been increased, until today it is double that of the original investment. In addition the bank has a surplus of $15,000. Three years ago the name was changed to the First State Bank. It has never out-grown its birthplace, being housed at the same location on Second street for 50 years. Builded solely on the idea to fill a banking need and on sound, conservative banking principles, the functions of the bank have been increased from year to year, deposits have mounted and today the “baby” institution of 1883, is what the layman refers to as a “million dollar bank.” It mav interest you to know that we have 3,500 depositors, entrusting more than $900,000.00 to our keeping. The past few years has tested the very backbone of the banking business; Through crises, critical periods in the life of the countrv and community, our bank has tried to practice those principles meaning for the greatest good and the protecting of investor’s and depositor’s funds. A tested policy has been followed over the years. Today we look to the future, convinced that this community is so well grounded in things economically that the years ahead hold great prosperity and progress for all. To these purposes, we rededicate this bank on the observance of its first Golden Jubilee and begin a new day with every good hope for the future.

' Jmi •JI Dr. T. T. Dorwin Founder and First President