to go out of business as banks, or were refused, by this department, authority to do business as such. This report therefore deals with incorporated “state” banks and mutual savings banks only, and mention is made of private banks merely for the purpose of comparison and to show the changes effected. The total number of banks which have reported on November 17th, 1903, is 347, namely, 345 state banks and 2 mutual savings banks. There were in the aggregate 327 banks at the time of my last annual report, and the increase during the intervening period is twenty banks. The following table shows the various changes: Changed from Private to State Banks. No. Location. Name of Bank. Old New capital. capital. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 21 25 26 27 28 29 30 31 32 33 31 35 36 37 38 39 Abbotsford Abbotsford Bank None $10,000 5,000 1,000 None 1.000 6,000 20,000 None 5,000 10,000 3,000 10,000 5,000 5,000 10,000 6,000 10.000 10,000 75,000 10,000 2,500 None 10,000 10,000 5,000 6,000 None 5,000 5,000 20,000 10,000 3,000 5,000 10,000 5,000 5.000 10,000 5, 750 $25,000 10,000 10,000 5,000 5,000 5,000 10,000 50,000 5,000 5,000 10,000 6,000 10,000 5,000 30,000 10,000 6.000 15,000 10.000 50,000 10,000 5,000 7.000 10.000 10.000 5,000 6,000 5,000 10,000 5,000 10,000 15, 000 5,000 6,000 25,000 10,000 5,000 25,000 7,500 1 Changed from private to State Bauks --Continued. No. Location. Name of Bank. Old New capital. capital. 41 42 43 15 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 03 84 85 86 87 83 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 103 106 107 108 Cumberland Island City Bank. Bank of Dallas E. Latimer & Co., Bankers. Bank of Downing. Bank of Eagle The Bank of Edgar. Larson & Melby, Bankers. The Citizens Bank. The Fennimore Bank The Bank of Frederic Bank of Gillett. First Bank of Glenwood Glidden Exchange Bank. Bank of Hancock. Denison, Liver & Coerper, Bankers. Hartford Exchange Bank.. Bank of Hartland. The Highland Bank Iron Exchange Balık The Bank of Iola Juda Bank.. Bank of Ladysmith Bank of La Farge Bank of La Valle.. Bank of Linden Bank of Loyal. Bank of Luck Bank of Mana wa. Bank of Marion Commercial Bank Lincoln County Bank The American Exchange Bank. Bank of Minocqua.. Bank of Montello.. Montfort State Bank Mt. Horeb Bank McIntyre, Elston & Co., Bankers The Necedah Bank.... Bank of New Glarus. Bank of Oregon Bank of Osceola Bank of Osseo Bank of Park Falls Park Falls Bank H. N. Drake, Banker Bank of Poynette.. Bank of Prentice. Readstown Bank Rewey Bank $2,500 3,000 None 3,000 25,000 5,000 6,000 7,000 10,000 5,000 25,000 None None 4,500 10,000 5,000 1,000 23,000 2,500 10,000 3,000 20,000 3,000 5,000 None 2,000 -5, 100 25,000 2,000 3, 700 10,000 10,000 None 6,000 5,000 10,000 4,000 5,000 10,000 10,000 8,000 4,500 40,000 None None None 15,000 2,000 5.000 None 35,000 3,000 15,000 1,000 12,000 7,000 None 1,000 10,000 None 5,000 2,500 5,000 1,000 5,000 None 550 4,000 $5,000 5,000 30,000 10,000 35,000 5,000 10,000 6,000 15,000 10,000 25,000 10, 200 5,000 5,000 15,000 5,000 5,000 50,000 5,000 10,000 10, 500 20,000 10,000 5,000 10,000 15,000 6,000 20,000 25,000 5, 000 5,000 10,000 10,000 10,000 10,000 15, 440 5,000 5,000 10,000 25,000 25,000 8,000 30,000 30,000 50,000 5,000 25,000 5,000 7, COO 5, 100 35,000 10,000 23, 000 5,000 20,000 15, 000 10,000 25,000 10,000 15.000 15,000 10,000 5,000 5,000 6, 000 5,000 5,000 6,000 Changed from Private to State Banks-Continued. No. Location, Name of Bank. Old New capital. capital. 110 Rice Lake Barron County Bank 111 Rice Lake The Citizens Bank.. 112 Richland Center Richland County Bank. 113 Roberts. Bank of Roberts.... 114 Scandinavia Bank of Scandinavia. 115 Seymour Seymour Bank. 116 Sharon.. Bank of Sharon ... 117 Shiocton Bank o Shiocton 118 Soldiers Grove. Bank of Soldiers Grove. 119 Spooner... Bank of Spooner 120 Spring Valley. Bank of Spring Valley 121 Sun Prairie. Bank of Sun Prairie 122 Sun Prairie Farmers & Merchants Bank. 123 Superior. The Superior Bank 121 Thorp.... Garrison Bros., Bankers. 125 Tomah Warren's Bank 126 Tomahawk W. H. & J. W. Bradley Bank. 127 Union Grove Bank of Union Grove 128 Walworth. Walworth Exchange Bank. 129 Warrens Geo. Warren Co. Bank 130 Waterloo Farmers & Merchants Bank 131 Wauzeka The Bank of Wauzeka 132 West Salem La Crosse County Bank. 133 West Salem West Salem Exchange Bank. 134 Wilton.... The Wilton Bank, 135 Winneconne The Union Ban's of Winneconne 136 Withee.. Bank of Withee 137 Wittenberg Bank of Wittenberg None $3,000 25,000 4,000 2,500 30,000 15,000 5,000 5,000 3,000 10.000 10,000 25,000 5,000 500 None None None 2,500 None 2,000 5,000 30,000 8,000 5,000 None 10,000 3,000 $10,000 10,000 25,000 5,000 10,000 30,000 25,000 5,000 10,000 10,000 25,000 25,000 25,000 10,000 25,000 25,000 50,000 10,000 15,000 6,000 27,000 5,000 30,000 16,000 10,000 10,000 10,000 25,000 New State Banks. No. Location. Name of Bank. Capital. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Amherst Junction The Security Bank. $8,500 15,000 10,000 25,000 15,550 25,000 25,000 30,000 5,000 5,000 50,000 10,000 15,000 50,000 10,000 25,000 25,000 10,000 25,000 25,000 75,000 10,000 50,000 10,000 30,000 50,000 10,000 25,000 25,000 Two state banks have organized under the laws of the United States as national banks, since my last annual report. They Two state banks have paid their depositors in full and gone out of business, to-wit: Finally, two of the state banks are winding up their business for the purpose of consolidating with the new Union State Bank of Lancaster, under section 22, chapter 2 of the banking law. They are: Lancaster Meyer-Showalter State Bank. $25,000 During the year, the department was obliged to close two private banks and one state bank, to-wit: The causes of the closing and the present status of these banks will be discussed, under proper caption, in another part of this report, where also their present condition will be shown, as required by law. The new law, requiring that not less than five reports each year should be called for from banks went into effect May 15th, 1903, previous to which date but one report was received, under the old law. In the remaining seven months, three additional reports were called for from banks, making a total of four reports for the current year. The aggregates of the various items of resources and liabilities on the several dates are shown in Table A, in which the item of "unpaid capital” has been omitted, because the law fixes February 1st, 1904, as the date when all banks must have their capital paid in in full, and the present is a period of transition, during which no just comparison of |
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