Statement of Condition — January 1, 1953

ASSETS

Cash on Hand and in Banks.............................. S  10.,577.155.21

United States Government Bonds......................      77.764,01.5.96

Other Bonds, Less Reserve................................       18.786.851.53

Veterans' Mortgage Loans................................      42.698.494.80

F.H..4. Insured Mortgage Loans........................    114.288,960.14

Other First Mortgage Loans, Less Reserve......      85.55 1.059.88

Investment in Savings Banks Trust Company

and Institutional Securities Corporation......        1,419,600.00

Banking Houses ................................................        1,936.150.00

Accrued Interest ..............................................        1,475,316.96

Other Assets ......................................................          517,168.03

$355,017,772.51

LIABILITIES

Due 207,466 Dejiositors..................................... $323,433,206.68

Other Liabilities................................................        3,414,436.24

Surplus, Undivided Profits and Reserves ........      28,170,129.59

$355,017,772.51

Member Federal Deposit Insurance Corporation
 

trustees

George E. Roosevelt, l.st Vice-President and

Roosevelt & Son         Chairman Executive Committee

Percy S. Vermilya, 2nd Vice-President
President, Vermilya-Brown Company, Inc.

Rowland R. McElvare. Secretary of the Board
Senior Executive Vice-President

DeCoursf-Y Fales, President

Samuel A. Welldon

Director, The First National Bank of the City of New York

Howland S. Davis, 3rd Vice-President

O'Donnell Iselin

Rorert H. Craft

Vice-President and Treasurer,
Guaranty Trust Company of New York

Thatcher M. Brown, Jr.
G. H. Walker & Co.

Roland F. Elliman

Vice-President, Douglas L, Elliman & Co.. Inc.

Theodore T. Scudder

Scudder, Stevens & Clark

John Fiske

President, Fiduciary Trust Company of New York

F. Abbot Goodhue

Director, Bank of the Manhattan Company

Henry Sears

Henry Sears & Co.

Newbold Morris

Lovejoy, Morris, Wasson & Huppuch

Edward Streeter

Vice-President, The Bank of New York