Decatur Daily Democrat, Volume 35, Number 270, Decatur, Adams County, 15 November 1937 — Page 19

A Bank's Appraisal Os A Great Industry

<CTI J7& / DECATUR has reasons to be pleased with its steady progress; with constantly improving conditions in employment and business. t 'p' This city’s sound recovery is reflected in many ways—in the growth of our bank as shown by our financial statement; in the occupancy of practically every available residence in the city; in the return of real estate values; in the improved business of our retail merchants; in the increased prosperity of our farmers and in the well being of our citizens generally. * % Responsible in no small measure has been the willingness of our people to work and local industries to employ them. * Outstanding among these industries is the McMillen Feed and associated companies—an institution which not only gives steady employment to many of our workers but which contributes directly to the prosperity of our farmers and the development of our agriculture. This Bank is proud to serve McMillen as one of its customers and happy to extend congratulations upon noteworthy and constructive achievement • ■ * t FIRST STATE BANK DECATUR -- INDIANA

FIFTY-FOUR CONSECUTIVE YEARS OF SERVICE TO CITIZENS OF DECATUR AND COMMUNITY.

DECATUR DAILY DEMOCRAT MONDAY, NOVEMBER 15, 1937.

STATEMENT OF CONDITION FIRST STATE BANK OF DECATUR Established 1883 ASSETS Cash and Due from 8ank55600,526.40 United States Obligations Direct and Fully Guaranteed 540,266.88 Municipal Bonds 101,511.90 Other Bonds and Securities<3lß,6sl.34 Loans & Discounts and Conditional Sale Contracts 845,745.21 Other Real Estate 22,174.10 Furniture and Fixtures 9,369.78 Other Assets 5,600.45 T0TAL52,443,846.06 LIABILITIES Capital Account $ 189,500.00 Undivided Profits 22,862.11 Sinking Fund 12,332.70 Time Deposits 941,870.20 Demand Deposits 1,277,281.05 T0TAL52,443,846.06 OFFICERS Dan Sprang, Chairman of Board T. F. Graliker, President R. E. Glendenning, Cashier H. H. Krueckeberg. Ass’t Cashier DIRECTORS Dan Sprang Theodore Hobrock Dyonis Schmitt T. F. Graliker John P. Brown E. W. Busche L. H. Hearle «

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