Indianapolis Times, Indianapolis, Marion County, 27 January 1942 — Page 7
SSDAY, JAN. 27, 1942
perense MARION COUNTY LEAGUE OF BUILDING & LOAN ASSOCIATIONS
STAMPS Financial Statements of Associations at the Close of Business December 31, 1941
AND
Statement of condition of the Shelby Street Federal Savings & Loan Association of Indianapolis, Marion
Indiana, at the close of business on December 31, 1941 ASSETS First mortgage real estate loans Real estate sold en contract Junior liens Stock in Federal Home Ioan Bank of Indianapolis Loans in litigation Real estate-office bldg Real estate Cash on hand and in bank
$1.43 880.62 |
80,333.51 1.71581
9,600.00
49 .9260.60 Furniture and fixtures 2,081.65 Loans secured by shares 287 37 Series FF. Defense bonds T.522.00
Total Assets $1, £1,290,071 4¢ 149
LIABILITIES
Savings share accounts $1,054 960.82)
Home Owners Loan Corp savings shares Federal Home Loan Rank advance Acco < pavable Loans in process Unearned profit on real estate sold “t Uncollected interest reserve ‘is Federal insurance reserve Junior liens reserve Tantin gent reserve I't share bonus reServe "ALAS Undivided profits Ciiiad
25,000.00
13,000.00 100.00 1,120 20
mt
3,565.12 736 34
Q 38/7 88 2315 45 |
130.00 WVAN5.18
Total Liabilities
FRED C. SCHAKEL, President CHRISTIAN BREHRMAN First Vice-President CHARLES W. BRRAUGHTON Second Vice-President ADOLF LONGERE, Treasurer ROBERT H. GREER, Secretary WILLIAM H. FAUST, General Counsel
Member Federal Home Loan
Bank of Indianapolis. United States)
Building and Loan League, Marion County League of Building and Loan Associations,
Report of the Condition of Insurance Savings & Loan Association of Indianapolis, Marion County Indiana, at the close of business on December 31 11, RESOURCES
First mortgage loans. .. Second mortgage loans... Share loans Real estate sold on contract . : Real estate owned (exciusive of office bide.) Investments: Stock in Federal Home Loan Bank .... U. 8. Government obligation (including HO bh C)...ocviie 8.32500 Insurance and taxes advanced . Cute on hand and in
S143.310 44 T28.00 3300.00
2,600.00
T8T2.18I
$201.398.32
Repurchasable or free shares: Installment shares ... Full-paid shares . Mortgage pledged shares Advances from Federal Home Loan Rank Reserve for Junior liens Contingant fund Undivided profits
25833.11 T2800 1.23085 18.037.78 TOTAL . £201 308 32 State of Indiana, County of Marfon. ss: We,
and Loan Association, of Indianapolis, Ind, do solemnly swear that the above statement is true
OTTO FULLGRAFF, President ROBERT C. GERSTNER. Secretary CHARLOTTE D. RIESS Director THEODORE SCHULLER, Director LOUIS W. BRANDT, Director Subscribed to and sworn before e this 23rd day of January. 1942 Thomas A. Daily, Notary Public. My commission expires Aug. 22, 1945
Report of the Condition of the
Turner Building and Saving Association
of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941: RESOURCES First mortgage loans .. Real estate sold on contract “ts Stock in Federal Home Loan Bank 8 Government Bonds Insurance and taxes advanced Cash on hand and in banks ‘4 Office building Furniture and fixtures On
$436,858.33 47,502.70 4.50000 v T4000 in
25.732.00 24.500.00
Jr. liens to H.
1,003.35 | Installment Shares. ... {Full Paid Shares. { Advances—Federal $358 118.50 |
LIABILITIES Book value of installments Book value of full paid shares Reserve for Junior liens Contingent fund Undivided profits
State of Indiana County of Marion, ss: We, the undersigned officers and directors of the Turner Building and Saving Association of Indianapolis, Indiana, do solemly swear that the above statement is true.
ERNEST H. PFLUMM, President FRED WUELFING, Secretary WUELFING tor
oTTO . Direc W. KOETHE, Director GEORGE VONNEGUT, Director Subscrited to and sworn before me this 18th day of January, 1942. Estelle Kremp, Notary Public. |chartered : oY commission expires
TOTAL
88.600.00
seen
sounty,
12,380.94 | 20,118.49 | 830.00 |
20,000.00 |
$1,220,071 40
11.582.33]
25.081 67, i {Cash on hand and in
3240
§ 9274733 39,600.00 17.001.27|
the undersigned officers and] directors of the Insurance Savings)
BONDS
Report of the Condition of the
THE INDIANAPOLIS TIMES
PAGE 7
Atkins Saving and Loan | Association Indianapolis, Marion County, {Indiara, at the close of business ch December 31, 1941: RESOURCES First mortgage loans .. $1,045163.98 Second mortgage loans, 4415 Share loans .. 8.628 40 Real estate sold on contract Lie Real estate owned (exelusive of office bldg) Investments:
Stock in Federal Home Loan Bank.
U. 8 Government obligation Insurance and taxes advanced .... coo Cash oh hand and in | banks Furniture and fixtures
81,301 358.87 LIABILITIES | Repurchasable or free
shares: Optional shares .....$ 875,704.36 Full-paid shares 332,000.00 Accounts payable 331.84 Loans in process .. 989203 Advance payments 3.426 80 Contingent profit ... 13,567.18 Special reserve ... 5387.18 Reserve for junior lens 3.44752 100,000.00
20,751.52]
55,831.19,
]
10,000.60 27,548.00
Sean
1,180.08
CR Sah Phan aan
.e
Contingent fund | Fou al insurance 18,000.00
serve . .. Undivided profits
————————————. 1 | TOTAL ..........c $139133887 {State of Indiana, County of Maron, S82 k We, the undersigned officers and directors of the Atkins Saving and | Loan Association, of Indianapolis, Indiana, do solemnly swear that the above statement is true. MAJOR M. POOLE, President | EDWARD W. SPRINGER, Secretary | CHARLES McARTHUR, Director A. P. HOLT, Director H. C. ATKINS Director Subscribed to and sworn before me this 20th day of January, 1942 Clara Clark, Notary Public. | My commission expires May 28. 1942 |
Report of the condition of
Standard Saving & Loan Association
{of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941,
RESOURCES ; First mortgage loans... $100,125.00 Real estate sold on contract “aid {Real estate owned (exclusive of office bldg... Insurance and taxes advanced .. o.oo coats
20,166.19
23,520.96
COLONIAL SAV. FIRST FEDERAL FLETCHER AVE.
1,736.80
7.880.64 50.00
banks | Furniture and fixtures
$162,488.00 LIABILITIES
| Repurchasable or free shares: Installment shares ... $S1M4.TITT1 Mortgage pledged shares... 3564.17 Contingent profit 3545.72 Contingent fund.....eive 850000)
TOTAL
CEE EE)
ICTORY
ARSENAL BLDG. & LOAN ASSN. ATKINS SAV. & LOAN ASSN. BETTER HOMES SAV. & LOAN ASSN. CELTIC FEDERAL SAV. & LOAN ASSN.
& LOAN ASSN. SAV. & LOAN ASSN. SAV. & LOAN ASSN.
NOME BUILDERS SAV. & LOAN ASSN.
SAFETY and FREEDOM
Every time you see the Minute Man —emblem of America arming for defense — think how good it is to live in the land where there still is liberty to defend.
Defense Bonds and Stamps For Sale at Your
SAVINGS
AND
LOAN ASSN.
INDIANA SAV. & INVESTMENT CO. INSURANCE SAV. & LOAN ASSN. PEOPLES MUTUAL SAV. & LOAN ASSN. PROSPECT SAVING & LOAN ASSN.
RAILROADMEN’S FED. SAV. & LOAN ASSN. SHELBY ST. FED. SAV. & LOAN ASSN. STANDARD SAV. & LOAN ASSN. TURNER BLDG. & SAV. ASSN. UNION FEDERAL SAV. & LOAN ASSN.
Undivided profits chr hane 2.16049
teane 316248800 State of Indiana, County of Marfon, ss. We. the undersigned officers and directors of the Standard Saving & Loan Astociation, of Indianapouis, Indiana, do solemnly swear that the above statement is true | LOUIS C. BRANDT, President.
Statement of Condition of the Colonial Savings and
Loan Association
of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941. RESOURCES First mortgage vans ... Second mortgage loans . Share loans Real estate sold on contract Real estate owned (exclusive of office bldg.}.. Real estate in judgment and subject to redemp-
GEO. C. SCHAUB, Secretary. WM. J. NEU. Director. NATHAN WOLF, Director, HERBERT E. REDDING, Director. Subscribed and sworn before me this 23rd day of January, 1942 RUBY YATES, Notary Public. My commission expires March 22, 1044
$501,975.00 1.927.713 1,000.00
Crass
126,523.80
Report of the Condition of 4,643.00
The First Federal Savings & Loan Association
of Indianapolis. Marion County Indiana
| Statement as of December 31, 1841 ASSETS
Cash on Rand Mortgage LO&NS.....o0 Share Loans....... Loans in Litigation..... Real Estate Sold on Contract Real Estate Owned..... Accrued Interest on Mortgage Loans... { Federal Home Loan
Investments: Stock in Federal Home
4,200.00
Other investment securities, Ctf. of
participation 1.00
« 18517501.17 211193 18,770.54
Insurance and taxes
Tana
308.15
Cash on hand and in 52,676.84 ks ceches
10,826.89
23,428.32
Ceteasteieses $867,756.31 LIABILITIES
TOTAL 1,002.25
750.00]
1093.35) | Insured Loan Payments {Prepaid Interest.
Nov. si.
Bank Stock
United States Defense Bonds
Furniture and Fixtures. Other Assets. ..........
Total Assets......
creas
Home Loan Bank....
Dividends Declared
Payable Jan. 1, 1942)
Sharan
Other Liabilities. seosenke
Unearned Profit on Real Estate Sold. sase
Reserve for Unpaid Interest
Reserve for Bonus.....s
Reserve for Federal Insurance
Ges (ooo a Undivided Profits. “> “en
rol Liabilities. .
«+. .$1,690,756.56 LIABILITIES
.$1,020,384.70
20,000.00) Repurchasable or free shares: Optional shares Full-paid shares Mortgage pledged shares 23,591.20 Borrowed money 15,000.00 Loans in process ....... 48T736 Contract loan dues 19,184.27 Contingent profit, real estate Reserve for Junior Liens 1927.73 Contingent fund coo. 35,000.00 Federal Insurance reserve
Undivided profits
TOTAL (occ «+. . $667,756.31 State of Indiana. County of Marion, ss:
We, the undersigned officers and directors of the COLONIAL SAVINGS AND LOAN ASSOCIATION, of Indianapolit, Indiana, do solemnly swear that the above statement is true.
ASA O. RUSE, President MARY 8. JENNINGS, Secretary HAROLD R. VICTOR, Director HARRY R. JENNINGS, Director CHARLES C. ENMEIER, Director
Subscribed to and sworn before me WhIS Ith day Sf Jmuary. 1043
RL
10,000.00
1817.84 466.50
426,100.00
105,000.00 6,018.00 6,786.65
thane
Santa
6,115.25 1,805.83 875.30 828.98
114391
1,082.25 821.98
51.0
50,000.00 49,104.92
Report of the Condition of the Fletcher Avenue Saving and Loan Association
of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941:
RESOURCES
First mortgage loans.. $6,610,135.02 Junior Liens to H, O. L. C. mortgages «i... Share loans ...cooieee
Real estate sold on Contract ....... Caves
Real estate owned (exclusive of office bldg.)
Real estate in judgment and subject to demption Investments: Stock in Federal Home Loan Bank.. U. S. Government obligation (including
15,721.68 20,216.87
1,503,487.44
213,796.04 17,824.30
119,400.00
282,548.00
Other investment securities
Cash on hand and in ban
3,953.46
Office building (if ownetl) Jiiciiciiieis
Furniture and fixtures.
85,000.00 3,000.00
Total Assets .........$9,863,160.68 LIABILITIES
Repurchasable or free shares: Installment shares .. $7,524 468.34 Full-paid shares .... 1,289,700.00 Dividends declared, unpaid, and uncredited Other liabilities ....... Contingent profit ...... Reserve for uncillected Reserve for Junior Liens to H. O. L. C. mortgages ....... eres Contingent fund ...... Undivided profits .....
20,755.93 9,686.21 108,102.15
13,811.16
15,721.68 800,000.00 80,834.21
.$9,863,169.68 Indiana, County of
Total Liabilities ....
State of Marion SS: We, the undersigned officers and directors of the Fletcher Avenue Savings and Loan Assotiation, of Indianapolis, Indiana, do solemnly swear that the above statement is true. CHARLES R. YOKE, President JOHN K. PARRY, Secretary FRANK A. DUNLOP, Director HADLEY E. GREEN, Director EDWARD H. PARRY, Director Subscribed to and sworn before
this 53 ay St Simian 1942, i Rp November
808,086.78 |
| Report of the condition of | Better Homes Savings
and Loan Association jo Indianapolis, Marion County, | Indiana, at the close of business on | December, 31, 1941,
RESOURCES
| First mortgage loans ....$101,950.00
| Real estate owned (exclusive of office bldg.) .... Investments: Stock in Federal Home Loan Bank
Cash 2 hand and
2,574.14
1,500.00
5,299.83
FS $111,323.97
LIABILITIES | Repurchasable or free | shares: Installment shares . Escrow deposits Mortgage pledged shares.
| Advances from Federal | Home Loan Bank..
| Contingent SUN vovinere | Undivided profits .......
..$ 57,751.74 885.84 26,034.58
10,000.00 5,500.00 11,151.81
$111,323.97 State of Indiana, County of Mar- | ion, ss: We, the undersigned officers and directors of the Better Home Savings and Loan Association, of Indianapolis, Indiana, do solemnly swear that the above statement is true. WALTER B. GERDTS, President A. J. WICHMANN, Secretary LEONARD DERLETH, Director PETER M. COONEY, Director 8S. A. ENGLE, Director Subscribed to and sworn before me this 26th dav of January, 1942. LA VERNE CRAFTON, Notary Public. My commission expires August 8, 1044,
Statement of condition of the
Celtic Federal Savings & Loan Association | of Indianapolis as of December 31, 1941 ASSETS First mortgage loans.. Loans secured by shares
Real estate sold by contract
.$1,679,785.80 3,658.00
148,046.32 58,544.65
Real estate in judgment and subject to redemption
Stock in Federal Home
19,036.28
Statement of Condition of the Railroadmen’s Federal Savings and Loan
Association of Indianapolis, Marion County, Indiana, December 31, 1941
ASSETS First mortgage loans. .$20,744.388.69 Loans on passbooks and certificates Properties sold on contract Real estate owned and in judgment Investments and securities
Cash on hand and in banks
Office building and equipment, less depreciation Deferred charges and other assets
55,003.93 5,001,972.26 1,937,983.97
1,326,932.68
1,499,140.89
178,845.84
31,056.35
———————————
$30,775,324.61 LIABILITIES Members’ share 'accounts Advances from Federal Home Loan Bank .. Loans in Process ..... Other liabilities ...¢e. Specific reserves ...ee. General reserves . Undivided profits
$27,535,008.10
1,500,000.00 73,181.40 55,607.30 177,194.75 1,045,963.33 388,369.73
$30,775,324.61 Report of the Condition of
Home Builders Savings
and Loan Association of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1841, RESOURCES
First mortgage loans...$ 156,704.77 Real estate sold on con-
5,076.48
.$163,983.94 LIABILITIES Book value of installment shares Book value of full paid shares Contingent fund ,000. Undivided profits 3,174,18 $163,983.04 State of Indiana County of Marion, ss: ‘We, the undersigned officers and directors of the Home Builders Savings and Loan Association, of
Loan Bank United States defense savings bonds Cash on hand and in banks
Office building Furniture and fixtures.
Total Assets $2,234,270.44
LIABILITIES Savings share accounts $1,696,402.70 Investment share accounts Advances— Federal Home Loan Bank Accounts Payable— Loans in process ... Miscellaneous Reserves— Uncollected interest. . Unearned profit on real estate sold ... Federal insurance ..
15,000.00 126,709.39
121,000.00 2,400.00
253,600.00
75,000.00
1,397.87
1,618.12
2,660.56 37,000.00
Report of the Condition of the Indiana Savings and
Investment Company
of Indianapolis, Marion County, Indiana
Report of the Condition of the Arsenal Building & Loan Association
of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941. at the Close of Business
December 31, 1941 RESOURCES
RESOURCES
First mortgage loans .. $1,327.088.05| vi, on Hand and Due Share loans Cbseactane 1,000.00 from the Banks Real estate sold on | Insurance and Taxes Ad-
$ 38,222.14
318,892.90
Real estate owned (exclusive of office bldg.) Real estate in judgment and subject to redemption Investments: Stock in Federal Home Loan Bank.. U. S. Government obligation (including
Mortgage Loans 401,772.14
Other Real Estate—Book Value
Real Estate Sold on Con-
46,663.29 35,073.71
18,628.84 103,355.56 Sheriff's Certificates and Judgments
Junior Liens to Home Owners’ Loan Corporation Mortgages
| Loan on Pass-book 1,205.25! |Office Furniture . United States Treasury 108,786.33 | 2411.32
26,300.00 1,146.78
3,796.65 77.00 400.00
2,800.00 | Insurance and taxes advanced . Cash on hand and in 1,558.13 Furniture and fixtures.
Other assets H. O. L. C. Junior Liens ....ee0.
$765,967.76 LIABILITIES Book Value of Installment Shares
Book Value of Paid-Up Shares . 182,200.00
14,560.94
7411.42
Total Assets «oooaeee..$1,881,157.40 $441,934.54
LIABILITIES
Repurchasable or free shares: Installment shares .. $1,499.926.79 Mortgage pledged shares .. Advances from Federal Home Loan Bank.... Loans in process ...... Contingent profit on Real Estate Contracts Reserve for Junior Liens Contingent fund ......
74,367.94
11,625.00 2,233.18
17,155.73
741142 170,000.00
100,000.00 13,984.71
Contingent Fund ....ee.. Undivided Profits Contingent Profit on Real Estate Contracts Reserve for Junior Liens to Home Owners’ Loan Corporation Mortgages. Dividends (Payable Jan. 2, 1042) Commission Payable on
5,326.51
3,796.65 3,441.42
08,437.34 |
| |
Undivided profits ..... Total Liabilities ..... $1881,157.40,
State of Indiana, County of
Marion SS: We, the undersigned officers and directors of the Arsenal Building and Loan Association, of Indianapolis, Indiana, do solemnly swear that the above statement is true.
JOSEPH OC. GARDNER, President
WILLIAM D. FITZPATRICK, Secretary
OC. LARRY WILLSON, Director FRED H. VOGT, Director RUSSELL WILLSON, Director
Subscribed to and sworn before me we Id 22nd Jay of i auary 1042,
i “ary Mary Rosalie lie” Beck, Notary
$765,067.76
State of Indiana, County of Marion, ss: We, the undersigned officers and directors of The Indiana Savings and Investment Company of Indianapolis, Indiana, do solemnly swear that the above statement 1s true, as we are informed and verily believe,
| CHARLES N. THOMPSON,
President C. OTTO JANUS, Secretary HERMAN W. KOTHE, Director JOSEPH J. SCHMID, Difector GRIER M. SHOTWELL, Director
Subscribed to and sworn before me this 3rd day of January, 1942. Theo. J. Siener, Notary Public My commission expires Feb. 1, 1043. Over $110,000.00 in Contingent Fund and Undivided Profits assures the
safety of money invested in the|Leo X. Smith,
Associa
A:
138,000.00 28,275.43
Contingent fund Undivided profits ....
Total Liabilities $2,234,2'70.44 All accounts in this association are insured up to $5,000 by the Federal Savings and Loan Insurance an instrumentality of the United Corporation, of Washington, D. C., States Government. Dividends at the rate 39% per annum were paid for this period.
Report of the condition of the Peoples Mutual Saving
and Loan Association of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941 RESOURCES First mortgage loans... $ 679,997.01 Real estate sold on con171,408.37
Real estate owned (exclusive of office bldg.) Real estate in judgment and subject to redempHOB von vvnvy er ves cue Investments: Stock in Federal Home Loan Bank U. S. Government obligation (including HO. L.C. ... Insurance and taxes advanced .... Cash on hand and in banks ve.se. Office building owned) Furniture and fixtures. .
Other assets .cceceeeees
159,536.70
6,900.00
65,000.00 105.02 68,697.42
46,602.79 2,531.00 273.75
$1,209,405.53 LIABILITIES Repurchasable or free shares: Installment shares... $ 981,189.76 Full paid shares..... 39,500.00 Contingent profit ..... 13,455.49 Reserve for uncollected interest ..... Reserve for Junior Liens Contingent fund ......
Undivided profits «...e. Old Age Benefits ......
TOTAL ..... reer ene $1,209,405.53 State of Indiana, County of Marion, SS: We the undersigned officers and directors of the Peoples Mutual Saving and Loan Association, of Indianapolis, Indiana, do solemnly swear that the above statement is true. GEORGE W, KOHLSTEADT,
124.07
273.75 100,000.00
74,843.10 19.36
ELMOR F. C. WEBER, Secretary ROSS MANLY, Director W. R. BOCKSTAHLER, Director GEORGE W, ALEE, Director BE a ata me anuary 1 Notary Public. = My 6, 1945.
————— a, mn |
| Furniture and fixtures. .
8,353.47 |
President |.
Indianapolis, Indiana, do solemnly swear that the above statement is true, HORACE G. CASADY, President FRED WUELFING, Secretary FRANK N. LINDNER, Director WM. B. NICEWANGER, Director HENRY J. LAMMERT, Director Subscribed to and sworn before me this 19th day of January, 1942. Estelle Kremp, Notary Public. 10a) commission Expires Nov. 8,
Report of the condition of the Prospect Saving & Loan
Association of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941.
RESOURCES
First Mortgage Loans $74,000.00 Share loans 930.00 Real estate sold on contract 4,150.00 Real estate owned (exclusive of office building) Insurance and taxes advanced ‘ Cash on hand and in banks
TOTAL $38, 618. 53
LIABILITIES Repurchaseable or free shares: Installment shares $54,801.29 Prepaid shares . 8,300.00 Mortgage pledged shares.. 2,877.38 Borrowed money ......... 7,200.00 Other liabilities ... 472.00 Contingent fund 5,850.97 Undivided profits 9,109.89
eesveee reece 0ee
$88,618.53 State of Indiana, County of Marion, ss: We, the undersigned officers and directors of the Prospect Saving and Loan Association, of Indian apolis, Indiana, do solemnly swear that the above statement is true. JOHN PF, WHITE, President HANS C. JACOBSEN, Secretary FRED C. FELLS, Director JOSEPH B. WADE, Director
| SAMUEL E. SCHUMAKER,
Director Subscribed to and sworn before me this 19th day of January, 1942. Edna D. Jensen, Notary Public. My Commission expires June 22, 1945. "Condensed Annual Statement of the
Union Federal Savings
& Loan Association of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1941: Loans— ASSSETS First mortgage loans $2,131,298.53 Loans on passbooks and certificates .... Properties sold on contract Real estate owned and in judgment Investments and Securitiese Government bonds and stocks in Federal Home Loan Bank Cash on hand and in banks Furniture, fixtures and equipment Deferred charges and other assets
10,969.50 284,945.10 13,717.49
53,300.00 103,991.15
Total Assets $2,606,222.01 LIABILITIES
Members’ share accounts —investment and savings Advances from Federal Home Loan Bank.... Loans in process Other liabilities .. Specific reserves General reserves ... Undivided profits
1,931,561.656
541,300.00 59,034.95 1,113.89 5,579.38 33,632.14 34,000.00
“es seve seven
cone
Total Liabilities $2,606,222.01 GEORGE BADLIER, Secy.-Treas. All accounts insured up to $5,000.
Member Federal Home Loan Bank System.