Decatur Daily Democrat, Volume 34, Number 177, Decatur, Adams County, 27 July 1936 — Page 23
FORWARD with Decatur for more than A HALF CENTURY
MBS, fll ''l kl W*. ■ t j * ' ? • •.■'■ ' ’• ■?:>:> a • -5& <fe /V^Mk v ? A 7® DR. T. T. DORWIN Founder and First President . ’ SOME STATISTICS July 23, 1897 Deposits — $ 172,014 Resources — $ 293,663 June 30,.1925 Deposits — $ 722,816 Resources — $ 946,981 June 30, 1936 Deposits — $1,721,438. Resources — $1,926,821 PRESENT OFFICERS & DIRECTORS T. F. GRAUKER, President THEO. HOBROUK, Vice-President R. E. GLENDENNING, Cashier H. H. KRUECKEBERG, Assistant Cashier DAN SPRANG, Chairman of the Board D. SCHMITT THEO. HOBROCK JOHN P. BRAUN T. F. GRAUKER E. W. BUSCHE L. H. HEARLE EMPLOYES EARL CASTON, Teller MRS. MILDRED COLE, General Bookkeeper Mrs. L. C. Peters, Bookkeeper MILDRED WERLING, Bookkeeper MYRTLE WALTER. Bookkeeper MADONNA RIPBURGER, Stenographer
DECATUR DAILY DEMOCRAT MONDAY, JULY 27, 1936.
For the past fifty-three consecutive years it has been our privilege to serve the hanking needs of this community' and of its citizens We have tried to serve well and we believe the steady growth oi our institution and its strength and youth after the span of more than a half century constitutes the best possible comment upon the efficiency of this service. We are pleased to congratulate Decatur and Adams County upon the ACHIEVEMENTS OF A CENTURY and we are happy to have had a part in building those achievements. The occasion demands that we turn back on a page from the last half century. Not in a spirit of boast, but right fully proud of the bank’s founders and appreciative of the public's cooperative attitude during the past 50 years, we wish to reminisce a little. Fifty-three years ago, August 15, 1883, (under the name of the Decatur National Bank) this hank opened its doors, dedicated then, as now, to the principles 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 active officers of the hank 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. Meyers Robert S. Peterson Godfrey Christian Daniel Weldy J. H. Hobrock William J. Meyers 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 Boehner B. J. Brochertin J. F. McShane Those Mho served!as officers of the bank since 1883 are: PRESIDENTS W. A. Kuebler ASSISTANT CASHIERS Dr. T. T. Dorwin J. W. V izard , R- P- Dorwin P. W. Smith Theo. Hobrock ' J. S. Peterson C. A. Dugan CASHIERS „ . E. X. Ehinger T. F. Graliker Gus A. Kalbe ~ T. J. Durkin VICE- Henry Oberwagner PRESIDENTS „ & I>clerM , n F. W. Jaebker P. W. Smith c A Dnga „ T. F. Graliker Henry Dierkes p Graliker en^enn ’ ns Daniel Weldy R £ Glendennlng H. H. Krueekeberg J. B. Holthouse
FIRST STATE BANK DECATUR, INDIANA
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Men who served on the board of directors of this halfcentury 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. D. 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. Kuebler. 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, T. F. Graliker. E. W. Busche. 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. Six 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 53 years. Builded solely on the idea to fill a banking need 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 laymen refers to as a “million dollar bank." It may interest you to know that we have 3,800 depositors, entrusting more than $1,700,000.00 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 country and community, our bank has tried to practice (hose 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 as we push forward with Decatur to new records of service and achievements. j.
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