Newspaper Archive of
The Malakoff News
Malakoff, Texas
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April 16, 1981     The Malakoff News
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April 16, 1981
 

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12A--The Malakoff News, Thursday, April 18, 1t~1 CONSOLIDATED REPORT OF CONDITION (Including Domestic Subsidiaries) LEGAL TITLE OF BANK Citizens State Bank CITY CouNTY .................. ]ST~,TE ................................................... tz-IP-C-(5D F: ....................... ............ Halak~f ....................... i _ latenderavn ................. L_..Y~.xa.s. ............... L--351a.8 ......... STATE BANK NO. FEDERAL RESERVE DIST. NO. tCLOSE OF BUSINESS DATE March 3 ] 198 l 213o f ....... : ASSETS L--M ~-~ ,, ,~on - J 1. Cash and due from banks ................................................................... ~-------~ j 1 2. Due from other depos tot es and all cash items in the process of collection .......................... h___.___L.._o _t 2 3. US. Treasury securities ................................................................... ............ ,+-~._~,~ 3 Obli atlons of other U S Government agencies and corporations ~__ . I_C.y~y.__~ 4 4. g .................................. ~ ' , ..... 2 j 90_L 5 5. Obligations of States and pohhcal subdivisions in the United States ................................. [ .............. , ..... -i 6 All other securities ........................................................................... ~ ........ 2 ,~_~ 6 7. Federal funds sold and securities purchased under agreements to resell ............................. J- ......... 4. --t7 8 Total loans (including overdratts totaling $ ........ ) (From Schedule A, Item8) ................. ~. ......... |J-l--~-~-7---~ 8 9. Lease financing receivables ............................................................................. 7 o~n -~ 9 I(i) Bank premises furniture and fixtures, and other assets representing bank premises ................... ~- ..... .+_o~.z_.q 10 11 Real estate owned other than bank premises ................................................... i ......... 4_7_19~._1 11 1 . L tters of credit' and customers. ' liability on acceptances, outstanding ........ ....................... ~ ......... ~. ~one_~ 12 1~ A~lother assets ............................................................................. ~--- ...... 4_4__J.~__i 13 14. TOTAL ASSETS (sum of items 1 thru 13) ....................................................... }.--.. 2|..+.2~3---~ 14 LIABILITIES |~__ ........ -t"~ ....... 15 Demand deposits of individuals, partnerships, and corporations .................................... ~_...4_~...076__j 15 16. Tin're and savings deposits of individuals, partnerships, and corporations ............................ ~-- |0 ~ 8"/9 .~ 16 17. Deposits of United States Government .......................................................... ~- .................... 29.__~ 17 18 Deposits of States and political subdivisions in the United States ................................... ~ ........ 2_i_gg/L_.t 18 An average starting salary of $17,500 after only 18 months of training and a handful of job offers to choose from may sound like a dream to most recent high school graduates. But at the Texas Engineering Exten- sion Service's Institute of Electronic Science it is a reality. More than 600 students have completed the com- prehensive electronics program in the institute's 18 year history and demand for graduates by industry has never been better, said Dr. Loyd E. Fate, division head. "We're not suggesting that anyone pass up an opportunity to go to college, but we see this program as an excellent alternative for someone who chooses not to pursue a more traditional formal education," notes Fate, who has served the past seven years with the Texas A&M University System public service agency. "The growth of the micro-computer industry alone acccounts for a great deal of the increased job offers," Fate said. "But our students have always done well." The program offers no degree, but a certificate of completion. This spring's however, the institute is not easy, Fate pointed out. The drop-out rate is at least 50 percent for first term students. The students attend classes for six hours a day, five days a week and there's lots of homework. They must complete six-month terms which in- clude courses in mathematics, digital circuits and microprocessors. "This isn't like being on the main campus where a student can take a break and go get a cup of coffee. In many ways it is more demanding than college," he said. Tuition is tg 0 per term (to go up to $750 in September) and a dorm room at the Texas A&M University Research and Extension Center at Bryan, for- merly Bryan Air Force Base, costs $1,100 per six-month term. The institute works with students who need financial aid. It also operates its own placement service. 19. Due to banks ............................................................................ ~ ......... --~ 19 20 All other deposits ...(.]~o.l.qd .e~ .$ ! ,4 12M ~n..N, O. W..Account. DePg.s.i.t.s. ,) ................. L I = 20 graduating class of 26 students was in- Around the world, cabbage is a 21. Certified and officers' checks ........................................................... ~_~---i ii---i7.11i13~i.-ii 21 terviewed by 22 different companies favorite with those who know good food. :?2 Total Deposits (sum of items 15 thru 21) ........................................... r~.... ~_ .... L___...L~L_...(L~_~E 22 that visited theschool, The cabbage patch even has a place in J_ I a ,oral demand deposits ..................................................... l ............ ~-4--'9-~ .... ~ 22a By graduation day, Fate said, 58 jobs the literature and folklore of many b. Total t me and saving,~ deposits ...................................... L__.._L2_..~& .......... 4"~fx.,.-, -t 22b had been offered and most students had countries. Many nationalities, Danish, ' t ~one 23 ;)3 Federal funds purchased and securities sold under agreements to repurcnase ........................ r ..... --{-- -:==-~ received outside proposals as well. He Russian, Polish, Chinese, Hungarian 24 |tin, rest-bearing demand notes ~s'aued to the U S Treasury and ;- .......... 1- ......... ; said most graduates get at least five job and German, have contributed their bit other liabilit es for borrowed money ............................................................ 1"- .......... ~-~-QB~ 24 offers. One student received an offerto tocabbage cookery. ..... ~ Mortgage indebtedness for which the bank is directly liable ~-- ..... 26 2f,. Unearned discount on loans .................................................................... !~i'7~ii]._~ -7[1 27. Letters of credit and acceptances outstanding ................................................... 03a 27 28 All other liabilities ......................................................................... "r- ............... !25,8.._~ 28 29. [OTAL LIABILITIES (excluding subordinated notes and debentures) (sum of items 22 thru 28) ........... ~-. 194454- ~ 29 ~_ ! None i 30 30 Subordinated notes and debentures ............................................................ ] 31 31 Allowance for possible loan and investment losses ............................................ , [QUITY CAPITAL L i 32 Common Stock (No. of shares outstanding }2I"! ) ....................................... ~.. -ii-7_I 2~~j~ 32 33 Certified surplus ............................................................................. L____J_L2~IO__J 33 34. Undivided profits .............................................. , .............................. L______~_gg__j 34 .3a U ~certif ed Surplus. reserve for contingencies, and other capital reserves ............................ [._._ ........... ~L--17~ 4 35 36 TOTAL EQUITY CAPITAL (sum of items 32 thru 35) ......................... . ' , ................................................ . ' a6 7 Hwy. 31 E., Malakoff ,OTAL OU,TY :_=:= .... ... NOTE f his report must be ~loned t)y an authotGted Of|lcer and attested by riot less Ihan three dffecto~s other than.the officer 81gning the report. I~ ~t~o t~n~ei~gne0 off~ee~ do h~eby d~c~ar~ the| th~s Repot| o~ C~nd~h~r~ (~h~d~r~g triP. s~|~l~rting scheCiu~es~ h~ been preper~d ~n conformance w~th |he ~n t, Ii~ct~on~di,~|~ueto|h~b~$|o ~yko~wl~i~qe ~nd b~l~,H !:;,(;NA[URE 0F 01F]CER AU]a.L01'~',"I::I')TO ,~;I(;~q RI P(Ji~l ]AREA CODE'/IELEI~HONi~-I~()~--~DA'~-~-~I-E'G .............................. ~.~_.).~,/~,,.q/Y'v'P ~/'t ~N ' --2'4-489-0530 -- 4-8-811 ditton (including the supporting schedules) end declare that it has been ex- amined by us and to the best of our knowledge and belief has been pre- D~nnis P Halter, Vice President pared nconforrnancewiththeinstructlonsendlstrueandcorrec't {i GNAT_~RE oF-13iRE'{~T-O'R ........................... l SiGNA~[uRE OF D,RECTOR "~'IGNATURE OF DI~I~I~~ .5)'" / V ~ r .. ., Texas ce/ 8 ol AHende ~.~n ss MAKE MARK FOR o,~eu ..... , '" ............... . 7 ............................... 19 Sworn to and subscnbed.~befq e aft= this ,~.. 8lb. . ~( ~ ~f~)~ off ~-CT... -.**.-.-.~ ...... 8-1.. NOI"ARY'S SEAl) bep[emDer ",L 1 tSR. " J'/(i " /J'~(g~/'_~,~/~E./Notarv Public My comlT~lsslon f, xp les ......... 9 ......~. ....... : : ._.___ *f.~.c.L./~.e.~_h= ' .4, t~,.a,(,, - 7 start at $26,000, he said. Cabbage arrives at the table in many "Several commpanieshavesaidthey ways, such as cole slaw, soup, don't need to give our graduates an en- sauerkraut, stuffed in individual leaves trance test because they have observed or in the whole cabbage head. A Ger- us over the years and know what we man-style casserole, with apples and teach," he said. dairy sour cream, combines the best of With all its glowing possibilities, the old and new worlds. illlllllllllllllllllllllllllllll~ SIRLOIN ...... 1 I CHICKEN FRY PATTIES ..... 1 I U.S.D.A. INSPECTED Satellite programs in and Arlington offer students ! complete the first terl~ relocating to Bryan. however, offer only and last one full year. Once three types of job offers made, Fate said. service technicians for parties repairing items typewriters to may also work on forming product testing research and Fate , tells of one is working with four electrical graduates answering calls service personnel. "That says a lot about he said. possibilities # Old-world-style recipes for cooking this mixture current ones. After you and add the cabbage, give minutes, then another five cooking with the apple. time preserves nutrients also keeps the bright looking. One-half cup vinegar helps the cabbage provides a tangy taste sour cream. Dairy Council home vise that cabbage and usually available well with ribs, other pork sausage. If you're in the bread, make it a Bohemian rye with its flavor to complement the appIescABBAGE AND GERMAN Makes 8 servlng~ 2 butter 1/3 2 tablespoons sugar 6 cups shredded 1/2 cup red wine vinegar 1 1/2 teaspoons salt 1 cup (Approximately 1 2 tablespoons sugar 1 1/2 cups dairy sour temperature Melt butter in a large onion with 2 tablespoons minutes. Stir in cabbage, salt; cover and in apples and 2 cover and simmer about Transfer to heated using a slotted s down center of cabbage. apples slices. \ \ \ \ / II II 303 W. Royall Blvd. Athens phone 675-5566 I Malakoff 489-0506