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  • The History of ASB
The History of ASB

The History of ASB

Comparative Statements

LIABILITIES 25th Anniversary 50th Anniversary 75th Anniversary 85th Anniversary 95th Anniversary 100th Anniversary
Capital 10,000.00 10,000.00 50,000.00 50,000.00 50,000.00 50,000.00
Surplus 5,000.00 30,000.00 250,000.00 250,000.00 412,500.00 412,500.00
Undivided Profits & Res. 5,974.00 20,814.00 130,388.00 397,537.00 724,500.00 1,117,500.00
Time & Savings Deposits 17,985.00 0.00 1,748,142.00 4,878,599.00 9,447,000.00 13,045,000.00
Demand Deposits 97,871.00 420,306.00 791,083.00 622,983.00 914,000.00 1,320,000.00
TOTAL $136,830.00 $481,120.00 $2,969,613.00 $6,199,119.00 $11,548,000.00 $15,945,000.00
ASSETS            
Building(s) 500.00 500.00 6,350.00 13,850.00 334,000.00 250,000.00
&Loans Discounts 98,651.00 188,283.50 1,586,612.00 3,814,959.00 7,297,000.00 9,778,000.00
Overdrafts 289.00 0.00 898.00 274.00 5,000.00 15,000.00
Cash & Sight Exchange 12,326.00 50,424.52 77,852.36 88,777.00 352,000.00 595,000.00
U.S. Bonds 17,350.00 231,679.96 849,582.00 2,203,531.00 2,455,000.00 3,925,000.00
Municipal Bonds 7,714.00 10,231.66 173,319.00 0.00 45,000.00 0.00
Federal Funds Sold 0.00 0.00 275,000.00 0.00 950,000.00 1,000,000.00
Other Assets 0.00 0.00 0.00 77,728.00 110,000.00 382,000.00
TOTAL $136,830.00 $481,120.00 $2,969,613.00 $6,199,119.00 $11,548,000.00 $15,945,000.00

Below a picture of changing economic conditions is shown in the deposits and in the loan totals. Also, the continued strengthening of this bank's Capital structure is shown in these comparisons.

  Loans Deposits Capital, Surplus, & Undivided Profits
May 24, 1904 0.00 2,364.98 10,000.00
May 24, 1919 136,991.01 174,197.96 17,387.96
May 24, 1929 98,650.60 115,855.80 21,629.63
May 24, 1939 62,791.32 124,258.31 24,245.05
May 24, 1949 113,595.00 536,368.31 38,032.74
May 24, 1959 305,394.80 551,929.64 74,659.47
May 24, 1969 766,546.77 1,068,399.96 158,686.31
May 24, 1974 871,299.55 2,081,754.32 277,369.68
May 24, 1979 1,586,612.00 2,539,225.33 430,387.75
May 24, 1984 2,434,521.97 3,277,634.61 640,299.76
May 24, 1989 3,814,959.00 5,501,583.00 697,537.00
May 24, 1994 4,873,557.00 8,737,682.00 976,934.00
May 24, 1999 8,394,000.00 10,786,000.00 1,415,000.00
May 24, 2004 9,736,000.00 14,292,000.00 1,587,000.00
May 24, 2009 11,181,000.00 15,523,000.00 2,071,000.00
FDICEqual Housing LenderDigital Insight, an Intuit company
Rice County's Oldest Bank