46,802.10
Bank building i25,ooo.cx.
Cash and exchange 4,429,046.65
Total : $13,227,599.29
Liabilities.
Capital $ 1 ,000,000.00
Surplus 500,000.00
Undivided profits 320,973.12
Circulation 798,050.00
Deposits 10,227,599.29
Total $13,227,599.29
SECURITY SAVINGS AND TRUST COMPANY.
The Security Savings and Trust Company of Portland, was incorporated in 1890. The first board of directors was composed of Henry Failing, C. H. Lewis, C. A. Dolph, Joseph Simon, A. L. Mills and C. F. Adams. The present officers are: C. F. Adams, president; A. L. Mills, vice-president; C. A. Lewis, vice-presi- dent; E. A Wyld, vice-president; R. G. Jubitz, secretary.
Statement at close of business March 29, 1910:
Loans $4,325,204.55
Bonds, warrants 1,228,142.46
Customers' liability, under letters of credit 16,727.82
Cash and due from correspondents 2,128,760.09
Total $7,698,834.92
Capital $ 500,000.00
Surplus and undivided profits 414,197.42
Letters of credit 27,587.91
Deposits \ 6,757,049.59
Total $7,698,834.92
THE LADD & TILTON BANK.
The bank founded by W. S. Ladd and C. E, Tilton continued as a partnership until 1908, when it was reorganized as a private corporation under the old name, and as such is now operated by the stockholders. The statement for September I, 1910, shows:
Resources.
Loans and discounts $ 6,096,288.38
Overdrafts 24,313.53
Bonds and stocks 4,744,131.46
Bank premises 75,000.00
Cash on hand and due from banks 3^903,637.89
Total $14,843,371.26
Liabilities.
Capital stock, fully paid $ 1,000,000.00
Surplus and undivided profits 670,111.92
Demand deposits $7,261,972.94
Time and savings deposits 5,911,286.40 13,173.259-34
Total $14,843,371.26
