MONDAY, MKPTMMIIKII ili, ini!
THE SEMI-WEEKLY HERALD. KLAMATH FALLS. ORE.
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Report of the Condition
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of the
First National Bank of Klamath Falls
UNITED STATES DEPOSITARY
As submitted to the Comptroller of the Currency at the Close of Business
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September 12, 1914
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Your attention is called to the following report of the condition of the First National Bank, as submitted to the Comptroller of
the Currency, Washington, D. C., at the close of business, September 12, 1914
RESOURCES
LIABILITIES
Capital Stock
Loans and Discounts
I Ir presentirne »rlual money paid in by
our «tot k holder* for the privilege of
«loing a liankin» bnsinem. Tln-y.are
liable for an aMueaawent of an equal
amount to protêtt depositor*. and
»'hat in more important, practically
all our Nlotkholder« are able to rv
«pond many times over, in
of
nreetmity.
Advamr» Hindi' our ruMoim-r» In ac
cordance with tin- pro» Klon, of tim
X'allonnl llunk let,
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$355,474.00
Overdrafts
r ÌÌ
$100,000.00
taken
our « ii.lomi'ia.
Ahliough Ihr amount I. «mall. It l>
not good hu.in* «• cither from lie-
*tnnd|Hilnl of ihr hunk or < u.fomet.
IJI h -HI i - w
Surplus
A lumi put aside for the additional
protect Ina of our depositors,
$961.51
$11,000.00
U. S. Bonds
Undivided Profits
Govcinmiiit
loimi«
Hank,
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munii
by
I hi.
An additional iuml kept for the pro
tection of depositor* ami out of which
to charge off nay | oh «. cs that may
wrnr,
$115,000.00
:
$12,133.69
Circulation
Homi« of Mrhonl IHMrhl. oi klamaih
County und ritira of Oregon. amply
XalkHMl bank notes issue« I by this
bank uhith <ir< ulafe as money and
are MTivred by a deposit of govern«
h t ut bom’-. with the Treasurer of the
I nill'll States
«rcttreil.
$92,465.14
$98,300.00
Bank Premises and Fixtures
Bonds Borrowed
Tlila I« Ihr amount nt uhhh our
equipment I« inrrh'd on our Imok«,
Tin*«' bond* are Imrrowed from our
director«. merely to «ave ev|a-n«e of
buying Mire«.» bond». and are uml n«
M-eurily for l ounty fund«,
$35,000.00
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$39,096.34
Cash and Due from Banks
Deposits
ArtHal ra«h hi our vault« nnd dur
from bank« und I tilted Mat« » Trett- •
urrr auhjert to < Ina k, hold a« a «nfr«
uuard nitalu.t df|MMlla reprreenllng •
Irani rrarrvr of 27 ¡“-r ernt.
Tlir
lau miuir« » IS |H-r «< nt. Till« I« our
d.|-. »«Hor«»* greatest |»rot««ctioii,
This amount is due our <le|M»aitors
subject to their check. with no strings
tied to it. Th«1 whole amount is ae-
cured l>y all the protection afford<*d
by the National Bank Act. large cap
ital, surplus and undivided profits
ami the abb* management of office» s
trained in the banking business,
$125,433.45
$463,804.53
TOTAL—
TOTAL—
$724,334.55
$724,334.55
OUR BOARD OF DIRECTORS { ¿{¡AS. S / mo ORE
McCORNACK
E. R. REAMES
L. F. WILLITS
Ninety-six and one-half per cent of the bank’s capital stock is owned by the five directors.
This is what depositors have back of their deposits. We have joined the banking system pro
vided by the new Federal Reserve Act, which will add to our already excellent facilities for
handling our business and accomodating our customers.
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Come in and talk the matter over with our cashier :