Newspapers / The Transylvania Times (Brevard, … / Jan. 20, 1972, edition 1 / Page 24
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J rllrT * Dri zu "**4 1Hfcwn P"* 1.H-- .1W fSflill ryJiWiMHInm " 1 Ph 1 IV 9.M i' ft'fF'ffczl ^^irJTj^Mnn||]r Hjlinh P *jH ~ A^ffl P ^t W'n 5 STARTING '72 WITH IN TOTAL ASSETS ESTABLISHED 1938 STATEMENT OF CONDITION BREVARD FEDERAL SAVINGS & LOAN ASSOCIATION OF BREVARD, NORTH CAROLINA DECEMBER 31, 1971 ASSETS First Mortgage Loans & Other Liens on Real Estate $20,315,268.11 All Other Loans 242,801.70 Real Estate Owned & In Judgment None Loans & Contracts Made to Facilitate Sale of Real Estate None Cash on Hand and in Banks 709,332.42 Investments & Securities 1,437,900.45 Fixed Assets Less Depreciation 170,216.41 Deferred Charges & Other Assets 687.74 TOTAL ASSETS $2 2',876,206.83 LIABILITIES & NET WORTH Savings Accounts $19,063,576.59 Advances from Federal Home Loan Bank Other Borrowed Money Loans in Process Other Liabilities Specific Reserves 525.000. 00 500.000. 00 954,947.89 5o,286.55 1,000.00 General Reserves: Federal Insurance Reserves $1,566,943.25 Contingencies 140,393.02 Surplus 69,059.53 1,776,395.80 TOTAL LIABILITIES & NET WORTH $22,876,206.83 1966 $15,255,077.85 1971 1967 _____ $15,393,460.32. 1968 _______ $16,496,214.36 1969 _$18,252,224.36 1970 __$18,958,473.31 ... $22,876,206.83 Dividends paid to our thrifty shareholders totalled $919,406.43 Brevard Federal is proud of its 33 year history and service to Transylvanians. From its be ginning, it has kept to the goal of making thrift a profitable habit for the folks who save with them and making home ownership possible for all responsible citizens of the area. Its local management has pioneered in every avenue of service to its customers and will continue to do so in the future. OFFICERS P. JERRY JEROME President JERRY HART JEROME Exec. Vice President & Treasurer J. I. AYERS Vice President J. H. TINSLEY Secretary J. F. AYCOCK Asst. Secretary DIRECTORS J. H. Tinsley P. Jerry Jerome Jerry Hart Jerome J. I. Ayers J. F. Aycock E. A. Morgan V. Hr- Fricks M. T. Osborne STAFF Mrs. Jean McCrary, Assistant to V. P. Mrs. Ruth Feaster, Assistant to V. P. Mrs. Ann Reese, Head Teller Mrs. Linda Cantrell, Asst. Head Teller Mrs. Georgia Orr, Teller Mrs. Judy Crawford, Teller Mrs. Ella Mae Reese, Teller Mrs. Dottie Tinsley, Teller Mrs. Janett McNabb, Receptionist Mrs. Joyce Rogers, Bookkeeper Mrs. Dolores Smith, Asst Bookeeiper Francis Arnette, Controller E. Gene Ramsey. Attorney MEMBER OF Federal Home Loan Bank System Federal Savings and Loan Ins. Corp. N. C. Savings and Loan League U. S. Savings and Loan League Savings and Loan Foundation, Inc. *20) biion SIMNGSfcta^ v butinm J 3JerJ St avingJ 130 S. CALDWELL ST Your Monev Sta “Save Locally
The Transylvania Times (Brevard, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 20, 1972, edition 1
24
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