Statement of Condition — January  1,  1947

ASSETS

Ca.-^h on Hand and in Banks ...................................  $    l.TK'.Xm.X^

I'nited Stales Government Bonds .....................     147.62-1.656.06

lionds (Guaranteed by United States Gov¬
ernment  ..............................................................................           aSl.loO.OO

Veterans' Mortgage Loans .......................................        4,397.4')0.3.S

F.H.A. Insured Mortgage Loans...........................      23,727,81 l.o9

Other First Mortgage Loans, Less Reserve      72,806.()6I>.2.
Imestment in  Savings Banks Trust Com¬
pany   and   Institutional   Seeurities   Cor¬
poration ..........................................................................         1,419.6(K).()(I

Banking House ..................................................................        1,307,5(X).(X1

Other Real Estate ............................................................           310,60l..50

Accrued Interest ...............................................................           656,870.17

Other Assets    ....................................................................           189.671 ..5(1

8261.120.11:107

LIABILITIES

Due 207,651 Depositors ............................................. $240,612,716.09

Other LiabiHties..............................................................        1.140.201.68

Surplus  for the  Protection  of  Depositors

at Investment Value ................................................      19.3.58,195.30

$261,120,113.07
Member Federal Deposit Insurance Corporation
 

TRUSTEES
 

i;E01(GE  E.  HOOSEVELr.   Ist  Viee-President  «,
i;.>o«,'v,ll & Son          Chairman Exe.uti.e Con,

KENNETH P. BUDD

Witlium Iselin & Company

WALBIUDCE S. TAFT, Secretary of the Hoard

Cii.lwaliuier, Wick.T,l,am & Taft

PIEURE JAY

Honorary Chairtuan. Kiilin-imy Tiii.-l C.riipativ of

ERNEST  ISELIN, 2nd Vice-President

l'i:i{CY  S. VERMILYA. 3rd Vice-President

Presi,i,-nt. Vermilya-Hrown Com[iany, Inc.

KOWLAM) R. McELVAKE
 

DkCOUKSEY  fales, Presidenl

SAMUEL A. WELLDON
Chairman of the Board.
The First National Bank of tho Cii

HOWLAND S. DAVIS
 

I York Slock Ex.
 

O'DONNELL ISELIN
 

WILLIAM FELLOWES MOKGAN, Jh.
Chairman of ihc Board, Brooklyn Briiigo
Freezing and Cold Sloragt? Coiiipiiny

ROBERT H. CRAFT

Vice Presidenl and Tira>urrr.
Guaranly Trust Conip-"iy of N,w York

LUCIUS WILMERDING

Harris, Upham and Conij-iny

(;eorge t. bowdoin

THATCHER M. BROWN. Jh
G. H. Walker & Co.
 

ROLAND F. ELLIMAN

Viee-Presidcni. Doiigla- L. Klli
 

lan * Co.. Inc.