Statement of Condition — January 1, 1946

ASSETS

Cash on Hand and in Banks..................................  $    6,902,674.38

United  States Government Bonds....................    123,017,025.07

Bonds Guaranteed by United States Gov¬
ernment ............................................................................           881,150.00

F.H.A. Insured Mortgage Loans...........................      25,716,777.33

Other First Mortgage Loans, Less Reserve      82,273,590.61
Investment in Savings Banks Trust Com¬
pany   and   Institutional   Securities   Cor¬
poration   ...........................................................................        1,419,600.00

Banking House ..................................................................        1,030,000.00

Other Real  Estate...........................................................           641,780.00

Accrued Interest ...............................................................           758,914.77

Other Assets ......................................................................             63,325.00

S242,704,837.16

LIABILITIES

Due 201,187  Depositors........................................... $223,461,618.22

Other Liabilities .............................................................         1,142,826.94

Surplus for the Protection  of Depositors

at  Investment  Value...............................................      18,100,392.00

$242,704,837.16

Member Federal Deposit Insurance Corporation
 

TRUSTEES

GEORGE E. ROOSEVELT,  1st Vice-Presidei
Roosevelt & Son
 

THATCHER M. BROWN
 

KENNETH P. BUDD

William Iselin & Company

WALBRIDGE S.  TAFT.   Secretary of the Board
Cadwalader, Wickersham & Taft

PIERRE JAY

Honorary  Chairman,   Fiditriary  Trust  Company  of  T

ERNEST ISELIN, 2nd Vice-President

PERCY S. VERMILYA.   .3rd Vice-President
President, Vermilya-Biowii C.nii.ariy. Inc.

ROWLAND R. McELVARE
Senior Executive Vice-President

DeCOURSEY FALES,  President

SAMUEL A. WELLDON
Chairman ot the Board.
The First National Bank of the City of New York

HOWLAND S. DAVIS

Exectilive  Vice-President.   New  York   Stock   Exchai
 

O'DONNELL ISELIN

WILLIAM FELLOWES MORGAN, Jr.
Chairman of the Board, Brooklyn BriJge
Freezing and Cold Storage Compatiy

ROBERT H. CRAFT

Vice Presi.lent and Treasurer.
Guaranty Trust Company ot New York
 

LUCIUS WILMERDING

Harris, Upliam and Company
 

CHARLES S. BROWN

Bxown, Wheelock, Harris, Stc