Jasper County Democrat, Volume 20, Number 49, Rensselaer, Jasper County, 19 September 1917 — Loaning Power of a Bank [ARTICLE]

Loaning Power of a Bank

..Look at the published statement of The State Bank of Rensselaer It has a capital of $30,000.00, surplus of $30,000.00, undivided profits and earnings of $5,695.77 and deposits of $284,601.61; thus it has the total sum of $350,297.38 available to loan to farmers, merchants and others, excepting a comparatively small amount of SB.000.00 which is'invested in its bank building. You will also observe that it has $89,798.29 in cash, which it desires to loan and will do so on favorable terms and upon any kind of bankable security, either real estate, personal or collateral. The State Bank pays 4 per cent, interest on savings and time deposits. .... ..