November 5, 1928 Resources 1928 1927 Cash in bank 37,863.63 66,122.68 Cash on deposit 217,677.78 509,103.43 Bills discounted 1,974,039.44 1,942,553.01 Stocks & Bonds 1,142,382.93 1,025,857.00 U. S. Bonds 372,026.93 408,888.47 U. S. Certificates 150,000.00 125,000.00 Mortgages 883.209.30 849,666.06 Trust Investment 213,072.26 172,888.08 Agency, Northeast Harbor 15,000.00 10,000.00 Agency, Southwest Harbor 10,000.00 5,000.00 Furniture & Fixtures 18,068.27 15,640.52 5,033,340.54 5,128,719.25 758.603 Liabilities Capital Stock 200,000.00 200,000.00 359 Surplus 400,000.00 Profit & Loss 400,000.00 84,140.17 Undivided Profits 74,463.53 758603.70 34,359.24 Savings deposits 70,474.46 2,123,900.37 Check deposits 2,014,501.16 1,895,568.03 Christmas Savings deposits 2,199,805.76 25,677.25 Trust Fund 23,164.25 213,072.26 172,888.08 Reserve for depreciation 13,732.76 12,168.71 School Savings 2,786.17 1,357.59 5,033,340.54 5,128,719.25 PROFITS 1918 $53,363.00 1919 25,915.00 1920 37,188.00 1921 61,322.00 1922 32,209.00 1923 48,487.00 Jan. 1, 1924 to July 1, 1924 $28,803) July 1, 1924 to Jan. 1, 1925 40,332) 69,135.00 Jan. 1, 1925 to July lg 1925 25,615) July 1, 1925 to Jan. 1, 1926 (41,777) 67,392.00 Jan. 1, 1926 to July 1, 1926 28,216) July 1, 1926 to Jan. 1, 1927 44,161) 72,377.00 Jan. 1, 1927 to July 1, 1927 34,385) July 1, 1927 to Jan. 1, 1928 46,931) 81,316.00 Jan. 1, 1928 to July 1, 1928 42,849) July 1, 1928 to Nov. 1, 1928 $72,376 Less Sav. Int to Jan. 1st 40,000 32,376) 75,225.00 such assets DEPOSITS Nov. 2, 1920 $2,065,000 Nov. 1, 1921 2,226,000 Nov. 7, 1922 2,432,000 Nov. 1, 1923 2,694,000 Nov. 3, 1924 2,807,000 Nov. 3, 1925 3,221,000 Nov. 1, 1926 3,700,000 Nov. 1, 1927 4,253,000 Nov. 1, 1928 4,063,000 1924 1925 1926 1927 1928 Income Tax $1,704 3,076 2,784 5,746 State Tax on Savings 6,410 1,374 735 1,005 State Tax on Stock 1,423 3,657 3,657 3,715 4,482 Int. paid check acct. 5,982 & Cert. of Dep. 10 mo. 13,049 15,691 20,347 23,444 20,715 Int. paid Savings 54,063 57,276 65,308 73,011 39,419 Est. remaining 6 mo. No. check accounts 40,000 2,913 2,913 2,944 3,199 3,198 No. Savings accounts 2,846 2,963 3,149 3,265 3,367 EXPENSE ACCOUNT Nov. 1, 1927 to Nov. 5, 1928 Salaries (Home office) $18,681.67 Northeast Harbor Agency Rent $300.00 Salaries 1124.50 Postage 116.80 Telephone 62.82 Sundries 15.60 1,619.72 Southwest Harbor Agency Rent 245.00 Salaries 655.10 Postage 56.53 Telephone 36.76 Sundries 5.77 999.16 Seal Harbor Agency 104.62 Directors Fees 340.00 Legal Expense 130.68 Travelling Expense 88.35 Advertising 274.80 Stationery 2,785.77 Express & Freight 123.68 Telephone & Telegraph 353.81 Rent 1,380.00 Postage and stamped envelopes 1,792.47 Light, heat & Water 245,12 Janitor and supplies 322.45 Expense adding machines 160.42 Taxes Income Tax 6257.83 Tax on deposits 1423.20 Stock tax 5982.00 Town Tax 673.20 Tax on resources 115.00 14,451.23 Insurance Employers Liability 220.00 Burglary 177.75 Fire Insurance 100.28 Continental Insurance 109.39 607.42 Cigars 57.70 Mosler Safe Co. 154.50 New telephone booth 118.60 Expense Christmas Club 60.00 Iron Savings banks 100.00 Calendars 692.62 Rug 127.50 R. G. Dun & Company 125.00 Moody's financial book 25.00 Maine Budget (Publicity) 200.00 Red Cross 25.00 Christmas Seals 25.00 Y. M. C.A. 25.00 Y. W. C. A. 10.00 Boys' & Girls' Agricultural Clubs 69.50 Educational Thrift Service School Savings 105.00 State license to sell bonds 25.00 Bankers Electric Protective Ass'n 25.00 Financial papers 28.00 Miscellaneous 427.03 46,886.82 November 3, 1924 RESOURCES 1924 1923 1923 1924 Cash in bank $ 44,921.42 $ 50,915.87 Cash on deposit 243,638.09 193,131.27 Bills discounted 1,297,852.30 1,056,010.26 Stocks and bonds 660,244.38 415,976.43 U. S. Bonds 177,217.98 182,629.08 U. S. Certificates 253,515.62 657,812.50 Mortgages 669,174.59 604,279.79 Trust Investment 101,318.95 101,319.61 Agency, Northeast Harbor 10,000.00 10,000.00 Agency, Southwest Harbor 5,000.00 5,000.00 Real Estate 3,000.00 Revenue stamps 89.85 Furniture & Fixtures 12,734.99 11,818.69 3,475,618.32 3,291,983.55 LIBBLITIES Capital Stock 100,000.00 100,000.00 Surplus 300,000.00 250,000.00 Profit & Loss 86,998.26 92,338.90 Undivided profits 56,872.77 47,919.25 Savings deposits 1,461,422.64 1,379,378.75 Check deposits 1,346,572.45 1,305,271.09 Christmas Sav. Deposits 14,898.75 9,402.75 Trust Fund 101,318.95 101,319.61 Reserve for Depreciation 7,534.50 6,353.00 3,475,618.32 3,291,983.35 EXPENSE ACCOUNT Nov. 6, 1923 to Nov. 1, 1924 Salaries (Home Office $14,135.28 Northeast Harbor Agency, Rent $200.00 Salaries 627.50 Postage 112.19 Telephone 43.15 Sundries 14.83 997.67 Southwest Harbor Agency Rent 200.00 Salaries 575.00 Postage 80.82 Telephone 18.00 Sundries 1.60 875.42 Directors Fees Legal expense 298.00 116.10 Advertising 187.00 Maine Publicity Bureau 100.00 Young Men's Christian Association 100.00 American Legion American Red Cross 25.00 Xmas seals 25.00 Calendars 25.00 Rent 430.05 Telephone 1,380.00 Light. heat and water 254.68 Janitor service 177.74 Taxes 280.00 Income 1704.29 Capital Stock Tax 423.00 Add. Capital Stock Tax 136.00 State Tax on Stock 3657.00 1 IT 11 11 Savings dep. none Town Tax 190.35 Examiner's Tax 77.50 Stationery & Supplies 6,188.14 Express & Freight 2,586.67 Postage and stamped envelopes 67.78 Cleaning vault 1,437.54 Expense, addressograph 70.00 Expense adding machine 9.81 Expense annual meeting 157.88 Insurance 126.15 F: C. Lynam & Co. Burglary insurance 269.30 Employers Liability 165.00 General Insurance 141.92 Allen house 18.00 Continental Insurance Co. 117.24 Check Writer insurance 60.00 Bond license 771.46 Cigars 25.00 Ro G. Dun & Co. 54.65 Western Union Clock service 125.00 Financial?papers 15.00 Bankers Electric Protective Assin 24.00 B. F. Trip consulting engineer 1,956.00 Electric Fixture (Banker's Elec. Protective Ass'n) 120:30 John K. Preble. savings dept. room 18.00 A.E.Lawrence Co. 11 73.53 11 IT For watchman 641.77 New safe deposit locks 71.50 V. G. Wasgatt. honorarium 27.25 Directors examination 500.00 F. J. Brewer & Son 20.00 Rubber mat for vault floor 81.57 Miscellaneous 25.50 239.63 34,841.07 PROFITS Jan. 1, 1914 to July 1, 1914 12,422.00) July 1, 1914 to Jan. 1, 1915 22,941.00) 35,363. Jan. 1, 1915 to July 1, 1915 14,199.00) July 1, 1915 to Jan. 1, 1916 15,060.00) 29,259. Jan. 1, 1916 to July 1, 1916 18,445.00) July 1, 1916 to Jan. 1, 1917 17,979.00) 36,424. Jan. 1, 1917 to July 1, 1917 23,300.00) July 1, 1917 to Jan. 1, 1918 34,241.00) 57,541. Jan. 1, 1918 to July 1, 1918 21,980.00) July 1, 1918 to Jan. 1, 1919 (31,383.00) 53,363. Jan. 1, 1919 to July 1, 1919 12,770.00) July 1, 1919 to Nov. 1, 1919 8,403.00) 21,173. Jan. 1, 1920 to July 1, 1920 8,879.00) July 1, 1920 to Jan. 1, 1921 28,309.00) 37,188. Jan. 1, 1921 to July 1, 1921 29,478.00) July 1, 1921 to Jan. 1, 1922 31,844.00) 61,322. Jan. 1, 1922 to July 1, 1922 July 1, 1922 to Jan. 1, 1923 8,209.00) 24,000.00) 32,209. Jan. 1, 1923 to July 1, 1923 14,687.00) July 1, 1923 to Jan. 1, 1924 33,800.00) 48,487. Jan. 1, 1924 to July 1, 1924 28,803.00) July 1, 1924 to Nov. 4, 1924 $56,872 (Est. Int. Sav. to Jan. 1) 29,000 27,872.00) 56,675. DEPOSITS Nov. 4, 1916 $2,077,000 Nov. 4, 1917 2,029,000 Nov. 4, 1918 1,833,000 Nov. 4, 1919 2,037,990 Nov. 2, 1920 2,065,000 Nov. 1, 1921 2,226,000 Nov. 7, 1922 2,432,000 Nov. 1, 1923 2,694,000 Nov. 3, 1924 2,807,000 1921 1922 Income Tax 1923 $1,199 1924 $3,428 State Tax on Savings $2,369 $1,704 732 State Tax on Stock 1,021 Capital Stock Tax 2,523 3,300 475 3,657 336 Int. paid check acct. 437 559 and Cert. of Dep. 10 mo. 9,303 10,792 Int. paid Savings 12,800 40,564 13,049 43,469 Est. remaining 6 mo. 49,666 26,548 No. check accounts 29,000 2,433 2,590 No. Savings accounts 2,743 2,913 2,499 2,613 2,723 2,846 November 2, 1925 RESOURCES Cash in bank 1925 1924 Cash on deposit $ 47,440.91 $ 44,921.42 Bills Discounted 389,608.45 243,638.09 Stocks & Bonds 1,337,231.66 1,297,852.30 U. S. Bonds 752,096.16 660,244.38 U. S. Certificates 198,694.01 177,217,98 Mortgages 353,515.62 253,515.62 Trust Investment 726,596.70 669,174.59 Agency, Northeast Harbor 104,243.95 101,318.95 Agency, Southwest Harbor 10,000.00 10,000.00 Furniture & Fixtures 5,000.00 5,000.00 15,588.27 12,734.99 3,940,015.73 3,475,618.32 LIABILITIES Capital Stock 100,000.00 Surplus 100,000.00 Profit & Loss 300,000.00 300,000.00 146,789.42 Undivided Profits 86,998.26 57,714.84 Savings deposits 56,872.77 1,561,772.18 Check deposits 1,461,422.64 1,646,209.50 Christmas Sav. Deposits 1,346,572.45 Trust Fund 14,282,25 14,898.75 104,243.95 Reserve for depreciation 101,318.95 9,003.59 7,534.50 3,940,015.73 3,475,618.32 EXPENSE ACCOUNT Nov. 1, 1924 to Nov. 1, 1925 Salaries (Home Office) $14,907.38 Northeast Harbor Agency Rent $ 200.00 Salaries 789.00 Postage 63.30 Telephone 45.67 Painting and lawning 63.35 Sundries 29.45 1,190.77 Southwest Harbor Agency Rent 200.00 Salaries 605.00 Postage 48.85 Telephone 20.40 Adding Machine 116.50 Sundries 3.34 994.09 Directors Fees 299.00 Legal Expense 253.80 Annual examination 30.00 Expense State examination 82.50 Travelling expenses 100.50 Advertising 259.90 Stationery and supplies 2,155.40 Express and freight 124.47 Telephone and telegraph 178.22 Rent 1,380.00 Postage and stamped envelopes 2,015.55 Taxes State tax 1,374.55 Capital Stock Tax 615.00 Bank stock tax 3,657.00 Town tax 492.00 Income tax 2,626.74 Income tax (1922) 450.35 9,215.64 Insurance Burglary 220.00 Fidelity bond 177.75 Employers Liability 59.78 Furniture & Fixtures 36.80 Continental Insurance Co. 83.32 577.65 Light, heat and water 165.15 Janitor 277.00 Adding machine expense 165.90 Xmas seals 25.00 State of Maine Publicity 100.00 Film Service moving picture ad 106.60 Fourth of July celebration 50.00 Morrell Park 25.00 American Red Cross 25.00 American Legion 25.00 License Bond dealer 25.00 Cleaning vault 70.00 Expense annual meeting 129.00 Bankers Electric Protective Ass'n 25.00 Addressograph 132.17 Bradstreet 125.00 Sealing machine 65.00 Iron banks 100.00 Hancock County Prize money 71.00 Calendars 606.96 John W. Silk & Son 141.72 F. J. Brewer & Son 39.19 A. E. Lawrence Co. 73.58 S. D. Hecht Co. 29.25 L. L. Canning 59.50 Rubber stamps 33.55 Financial papers 28.00 Cigars 46,75 Pens and ink 50.36 Miscellaneous 206.19 $36,786.74 PROFITS Jan. 1, 1915 to July 1, 1915 $14,199) July 1, 1915 to Jan. 1, 1916 15,060) $29,259 Jan. 1, 1916 to July 1, 1916 18,445) July 1, 1916 to Jan. 1, 1917 17,979) 36,424 Jan. 1, 1917 to July 1, 1917 23,300) July 1, 1917 to Jan. 1, 1918 34,241) 57,541 Jan. 1, 1918 to July 1, 1918 21,980) July 1, 1918 to Jan. 1, 1919 31,383) 53,363 Jan. 1, 1919 to July 1, 1919 12,770) July 1, 1919 to Jan. 1, 1920 13,145) 25,915 Jan. 1, 1920 to July 1, 1920 8,879) July 1, 1920 to Jan. 1, 1921 28,309) 37,188 Jan. 1, 1921 to July 1, 1921 29,478) July 1, 1921 to Jan. 1, 1922 31,844) 61,322 Jan. 1, 1922 to July 1, 1922 8,209) July 1, 1922 to Jan. 1, 1923 24,000) 32,209 Jan. 1, 1923 to July 1, 1923 14,687) July 1, 1923 to Jan. 1, 1924 33,800) 48,487 Jan. 1, 1924 to July 1, 1924 28,803) July 1, 1924 to Jan. 1, 1925 (40,332) 69,135 Jan. 1, 1925 to July 1, 1925 (25,615) July 1, 1925 to Nov. 3, 1925 $57,714 (Est. Int. Sav. to Jan. 1) 29,000 (28,714) 54,329 DEPOSITS Nov. 4, 1917 $2,029,000 Nov. 4, 1918 1,833,000 Nov. 4, 1919 2,037,000 Nov. 2, 1920 2,065,000 Nov. 1, 1921 2,226,000 Nov. 7, 1922 2,432,000 Nov. 1, 1923 2,694,000 Nov. 3, 1924 2,807,000 Nov. 3, 1925 3,221,000 1922 1923 1924 1925 Income Tax $3,428 $2,369 $1,704 $5,076 State Tax on Savings 1,021 1,374 State Tax on Stock 2,523 3,300 3,657 3,657 Capital Stock Tax 336 437 559 615 Int.paid check acct. & Cert. of Dep. 10 mo. 10,792 12,800 13,049 15,691 Int. paid savings 43,469 49,666 54,063 28,056 Est. remaining 6 mo. 29,000 No. check accounts 2,590 2,743 2,913 2,913 No. savings accounts 2,613 2,723 2,846 2,963 November 1, 1926 RESOURCES 1926 1925 Cash in bank $ 86,085.35 Cash on deposit 47,440.91 270,161.47 Bills Discounted 389,608.45 1,521,060.53 Stocks & Bonds 1,337,231.66 1,100,210.47 U. S. Bonds 752,096.16 310,688.87 U. S. Certificates 198,694.01 200,000.00 Mortgages 353,515.62 880,274.21 Trust Investment 726,596.70 104,093.09 Agency, Northeast Harbor 104,243,95 10,000.00 Agency, Southwest Harbor 10,000.00 5,000.00 Furniture & Fixtures 5,000.00 15,588.27 15,588.27 4,503,162.26 3,940,015.73 LIABILITIES Capital Stock 100,000.00 Surplus 100,000.00 300,000.00 Profit & Loss 300,000.00 185,812.25 Undivided Profits 146,789.42 60,364.26 Savings deposits 57,714.84 1,840,067.83 Check deposits 1,561,772.18 1,883,411.53 Christmas Sav. Deposits 1,646,209.50 18,587.50 Trust Fund 14,282.25 104,093.09 Reserve for depreciation 104,243.95 10,562.39 School Savings 9,003.59 263.41 4,503,162.26 3,940,015.73 EXPENSE ACCOUNT Nov. 1, 1925 to Nov. 1, 1926. Salaries (Home Office) $16,701.79 Northeast Herbor Agency Rent $100.00 Salaries 767.00 Postage 64.00 Telephone 57.65 Sundries 30.77 1,019.42 Southwest Harbor Agency Rent 200.00 Salaries 605.00 Postage 56.32 Telephone 24.70 Sundries 3.21 889.23 Directors Fees 322.00 Legal Expense 157.55 Annual Examination 30.00 Expense State Examination 95.00 Travelling Expenses 74.25 Advertising 378.00 Stationery & Supplies 2,900.61 Express & Freight 128.23 Telephone and Telegraph 261.20 Rent 1,380.00 Postage and stamped envelopes 1,686.74 Texes Town Tax 528.90 Stockholders State Tax 3,715.50 state Tax Savings 607.83 Income Tax 2,842.60 7,694.83 Insurance Burglary 430.94 Fidelity Bond 220.00 Employers Liability 12.85 Furniture & Fixtures 36.80 Continental Ins. Co. 98.84 799.43 Light, heat and water 195.75 Janitor service 300.00 Financial papers 38.50 Expense, adding machine 202.49 Moodys Investors Service 50.00 Supplies for Educational Thrift Service 210.00 Prize money Hancock Co. Agriculturel Clubs 1925, 1926 195.50 George Washington Memorial Fund 9.00 American Red Cross 25.00 Christmas Seals 25.00 State of Maine Publicity 100.00 Y. M. C. A. 1925-1926 (2 yrs.) 200.00 Y. W. C. A. 10.00 Bar Harbor Baseball Ass 'n. 100.00 R. G. Dun & Co. 125.00 Mosler Safe Co. 70.00 License to sell bonds 25.00 Calenders 407.00 Thomas M. James Co. (Architect) 256.59 S. D. Hecht & Co. 52.80 Bankers Electric Protective Co. 68.40 A. E. Lawrence Co. 88.70 Miscellaneous $73.88 $37,651.89 PROFITS Jan. 1, 1916 to July 1, 1916 18,445) July 1, 1916 to Jan. 1, 1917 (17,979) 36,424 Jan. 1, 1917 to July 1, 1917 23,300) July 1, 1917 to Jan. 1, 1918 34,241) 57,541 Jan. 1, 1918 to July 1, 1918 21,980) July 1, 1918 to Jan. 1, 1919 31,383) 53,363 Jan. 1, 1919 to July 1, 1919 12,770) July 1, 1919 to Jan. 1, 1920 13,145) 25,915 Jan. 1, 1920 tu July 1, 1920 8,879) July 1, 1920 to Jan. 1, 1921 28,309) 37,188 Jan. 1, 1921 to July 1, 1921 (29,478) July 1, 1921 to Jan. 1, 1922 31,844) 61,322 Jan. 1, 1922 to July 1, 1922 8,209) July 1, 1922 to Jan. 1, 1923 24,000) 32,209 Jan. 1, 1923 to July 1, 1923 14,687) July 1, 1923 to Jan. 1, 1924 33,800) 48,487 Jan. 1, 1924 to July 1, 1924 28,803) July 1, 1924 to Jan. 1, 1925 40,332) 69,135 Jan. 1, 1925 to July 1, 1925 25,615) July 1, 1925 to Jan. 1, 1926 41,777) 67,392 Jan. 1, 1926 to July 1, 1926 July 1, 1926 to Nov. 1, 1926 (28,216) $60,364 (Est. Int. Sav. to Jan. 1) 36,000 24,364) 52,580 DEPOSITS Nov. 4, 1918 $1,833,000 Nov. 4, 1919 2,037,000 Nov. 2, 1920 2,065,000 Nov. 1, 1921 2,226,000 Nov. 7, 1922 2,432,000 Nov. 1, 1923 2,694,000 Nov. 3, 1924 2,807,000 Nov. 3, 1925 3,221,000 Nov. 1, 1926 3,700,000 1923 1924 1925 1926 Income Tax $2,369 $1,704 $3,076 State Tax on Savings $2,784 1,374 State Tax on Stock 458 3,300 3,657 3,657 Int. paid check acct 3,715 & Cert. of Dep. 10 mo. 12,800 13,049 15,691 Int. paid savings 20,347 49,666 54,063 57,276 30,786 Est. remaining 6 mo. 36,000 No. check accounts 2,743 2,913 2,913 2,944 No. savings accounts 2,723 2,846 2,963 3,149 November 6, 1923 RESOURCES 1923 1922 Cash in Bank 50,915.87 53,618.77 Cesh on Deposit 193,131.27 225,428.54 Bills Discounted 1,056,010.25 991,980.56 Stocks and Bonds 415,976.43 595,178.94 U. S. Bonds 182,629.08 U. S. Certificates 657,812.50 507,812.50 Mortgages 604,279.79 499,152.18 Trust Investment 101,319.61 98,945.55 Agency, Northeast Harbor 10,000.00 10,000.00 Agency, Southwest Harbor 5,000.00 5,000.00 Real Estate 3,000.00 4,000.00 Revenue Stemps 89.85 81.85 Furniture & Fixtures 11,818.69 10,350.00 3,291,983.35 3,001,548.29 LIABILITIES Capital Stook 100,000.00 50,000.00 Surplus 250,000.00 200,000.00 Profit & Loss 92,338.90 166,155.68 Undivided Profits 47,919.25 35,327.75 Savings Deposits 1,379,378.75 1,186,623.34 Check Deposits 1,305,271.09 1,259,220.97 Xmes Savings Deposits 9,402.75 Trust Fund 101,319.61 98,945.55 Reserve for Depreciation 6,353.00 5,275.00 3,291,983.35 3,001,548.29 PROFITS Jan. 1, 1913 to July 1, 1913 $8,700) July 1, 1913 to Jan. 1, 1914 15,487) $24,187 Jan. 1, 1914 to July 1, 1914 (12,422) July 1, 1914 to Jen. 1, 1915 (22,941) 35,363 Jan. 1, 1915 to July 1, 1915 14,199) July 1, 1915 to Jan. 1, 1916 15,060) 29,259 Jan. 1, 1916 to July 1, 1916 18,445) July 1, 1916 to Jan. 1, 1917 17,979 36,424 Jen. 1, 1917 to July 1, 1917 23,300) July 1, 1917 to Jan. 1, 1918 34,241) 57,541 Jan. 1, 1918 to July 1, 1918 21,980) July 1, 1918 to Jan. 1, 1919 31,383) 53,363 Jan. 1, 1919 to July 1, 1919 12,770) July 1, 1919 to Nov. 1, 1919 8,403) 21,173 Jan. 1, 1920 to July 1, 1920 8,879) July 1, 1920 to Jen. 1, 1921 28,309) 37,188 Jan. 1, 1921 to July 1, 1921 29,478) July 1, 1921 to Jan. 1, 1922 31,844) 61,322 Jan. 1, 1922 to July 1, 1922 8,209) July 1, 1922 to Jan. i. 1923 24,000) 32,209 Jon. 1, 1923 to July 1, 1923 14,687) July 1, 1923 to Nov. 1, 1923 $47,000 (Less Int. Sav. to Jan. 1) 27,000 20,000) 34,687 DEPOSITS Nov. 4, 1915 $1,818,000 Nov. 4, 1916 2,077,000 Nov. 4, 1917 2,029,000 Nov. 4, 1918 1,833,000 Nov. 4, 1919 2,037,000 Nov. 2, 1920 2,065,000 Nov. 1, 1921 2,226,685 Nov. 17, 1922 2,432,852 Nov. 1, 1923 2,694,000 1920 1921 1922 1923 Income Tax $1,199 $3,428 $2,369 State Tax on Savings 5 732 1,021 State Tax on Stock 2,523 3,300 Capital Stock Tax 320 475 336 437 Town Tax 57 213 Int. paid check eact and cert of dep. 10 mo 10,570 9,303 10,792 12,800 Int. paid Sevings 29,528 40,564 43,469 24,221 Est. remaining 6 mo. 27,000 No. check accounts 2284 2433 2590 2743 No. Savings accounts 2367 2499 2613 2723 EXPENSE ACCOUNT Nov. 7, 1922 to Nov. 6, 1923 Salaries (Main Office) $12, 982.68 Northeast Harbor Agency Rent $200.00 Salaries 674.00 Postage 112.23 Telephone 60.81 Express 6.90 Sundries 12.50 1,066.44 Southwest Harbor Agency Rent 200.00 Salaries 570.00 Postage 52.62 Telephone 14.90 Sundries 5.30 842.82 Directors Fees 336.00 Legal Expense 145.74 Legislative Expense 150.04 Advertising 163.25 Maine Publicity Bureau 100.00 Prize money Hancock County Agricultural Club 100.00 Bar Harbor Baseball Club 100.00 American Red Cross 25.00 Calendars 380.63 Fly Swats 65.00 Rent 1,380.00 Telephone 292.73 Light, heat, and water 150.51 Janitor service 240.00 Taxes Income Tax 2,787.79 Capital Stock Tax 437.00 State Tax on stock 3,300.30 State Tax on Savings Deposits none Town Tax 213.85 6,738.94 Stationery and supplies 3,311.77 Express and Freight 131.47 Postage and stamped envelopes 1,939.18 Cleaning vault 70.00 Expense, adding machine 113.87 Expense annual meeting 89.15 Insurance 582.17 Bond License 25.00 Fee, Increase Capital Stock 105.00 Revenue Stamps Stock Transfer 38.04 Travelling Expense 57.78 Cigars 58.45 Underwood Typewriter 67.50 Bradstreets 125.00 Key rack-Mosler Safe Co. 30.00 Christmas Club material 125.47 Iron Banks 195.00 Cabinets for Bookkeeping Department 60.00 Financial papers 28.00 Moody Manual 20.00 Western Union Tel. Company clock service 13.60 Repairs 262.61 Miscellaneous 186.29 $32,895.13 November 7, 1922 RESOURCES 1922 1921 Cash in Bank $ 53,618.77 $ Cash on Deposit 58,087.87 225,428.54 Bills Discounted 128,332.38 991,980.56 Stocks and Bonds 1747,820.52 595,178.94 United States Certificates 589,171.09 507,812.50 Mortgages 254,660.97 499,152.18 Trust Investment 469,345.65 98,945.55 98,172.41 Agency, Northeast Harbor 10,000.00 10,000.00 Agency, Southwest Harbor 5,000.00 5,000.00 Real Estate 4,000.00 5,075.00 Stamps, etc. 81.25 318.40 Furniture & Fixtures 10,350.00 3,001,548.29 2,765,984.20 LIABILITIES Capital Stock $ 50,000.00 50,000.00 Surplus 200,000.00 Profit & Loss 200,000.00 166,155,68 Undivided Profits Savings Deposits 451 20 leve primes 35,327.75 1,186,623.34 1087,184.20 Check Deposits Trust Fund 43.1 1,259,220.97 1137,664.55 Reserve for Depreciation 98,945.55 98,172.41 5,275.00 $3,001,548.29 $2765,984.29 PROFITS Jan. 1, 1913 to July 1, 1913 July 1, 1913 to Jan. 1, 1914 $ 8,700.00) 14,487.00) $24,187.00 Jan. 1, 1914 to July 1, 1914 July 1, 1914 to Jan. 1, 1915 12,422.00) 22,941.00) 35,363.00 Jan. 1, 1915 to July 1, 1915 July 1, 1915 to Jan. 1, 1916 (14,199.00) 15,060.00) 29,259.00 Jan. 1, 1916 to July 1, 1916 July 1, 1916 to Jan. 1, 1917 (18,445.00) 17,979.00) 36,424.00 Jan. 1, 1917 to July 1, 1917 July 1, 1917 to Jan. 1, 1918 23,300.00) 34,241.00) 57,541.00 Jan. 1, 1918 to July 1, 1918 July 1, 1918 to Jan. 1, 1919 21,980.00) 31,383.00) 53,363.00 Jan. 1, 1919 to July 1, 1929 12,770.00) July 1, 1919 to Nov. 4, 1919 Accumulated interest on 1,503.00) Certificates of Indebtedness 6,900.00) 21,173.00 to Nov. 4, 1919 Jan. 1, 1920 to July 1, 1920 8,879.00) July 1, 1920 to Nov. 4, 1920 23,946.00) 32,825.00 Jan. 1, 1921 to July 1, 1921 29,478.00) July 1. 1921 to Nov. 1, 1922 (Less (14,748.00) 44,226.00 Int. Sav. to Jan. 1st) Jan. 1, 1922 to July 1, 1922 July 1, 1922 to Nov. 7. 1922 (Less 8,209.00 13,200.00) 21,409.00 Int. Sav. to Jan 1st) DEPOSITS Nov. 4, 1915 $1,818,000. Nov. 4, 1916 2,077,000. Nov. 4, 1917 2,029,000. Nov. 4, 1918 1,833,000. Nov. 4, 1919 2,037,000. Nov. 2, 1920 2,065,000. Nov. 1, 1921 2,226,685. Nov. 7, 1922 2,432,852. 1919 1920 1921 1922 Income Tax $11,392. $1,199. 93,428. State Tax 410. 5. 732. 1,021. State Tax on Stock 2,523. Capital Stock Tax 320. 475. 336. Int. paid cheek acct. 9,978. 10,570. 9,303 10,792. and Cert. of Dep. 10 no Int. paid Savings 29,265. 40,564. 29,528. 21,426. Est. remaining 6. mo. .22,000. No. check accounts 2136 2284 2433 2590 No. Savings accounts 2177 2367 2499 2613 EXPENSE ACCOUNT Nov. 1, 1921 to Nov. 7, 1922 Salaries (Main Office) $11,851.20 Northeast Harbor Agency Rent $200. Salaries 585. Postage 55.91 Telephone 47.50 Express 158.49 Other Expenses 16.30 1,061.20 Southwest Harbor Agency Rent $200. Salaries 526. Postage 44.19 Telephone 14.90 Other Expenses 2.95 788.04 Surety Bonds 30.00 Directors Fees 370.00 Legal Expense 216.44 Advertising 186.50 Stationery & Supplies 2,848.17 Express & Freight 459.21 Postage & Stamped Envelopes 1,041.79 Telephone 248.68 Rent 1,327.50 Taxes Income Tax $3428.74 Capital Stock Tax 290.00 Add.Cap.Stock Tax 46.00 State Tax on Stock 2523.90 State Tax on deposits 1021.45 Town Tax 46.80 Tax on W.O.Emery property 46.25 Tax on Birch Tree Inn property 7,413.28 10.14 Light, Heat, & Water 163.80 Cleaning 279.50 Cleaning vault 70.00 115.05 Expense, Adding Machines 102.55 Expense of Annual Meeting 271.72 Insurance 25.00 Bond License 462.52 Calendars 125.00 R. G. Dun & Co. 38.00 Financial Papers 37.00 Cigars 1,158.80 Repairs, etc. 21.19 Pens & Ink 80.00 Prize money Hancook Co. Agricultural Club 10.00 Maine Public Health Ass'n 100.00 Maine Publicity Ass'n 200.00 Morrell Park contribution 25.00 Winter Sports 123.89 Desk & Filing cases 29.30 Chairs 200.00 Brandt Automatic Cashier 41.50 Rug 100.00 Nat'l Credit Corp. Rating Book 45.00 Check Writer 20.00 Moody Manual 49.00 Travelling Expenses 15.00 Western Union Tel. Co. clock 25.00 Revenue Stamps on notes 192.88 Miscellaneous 131, 968.71 November 4, 1919. RESOURCES 1919 1918 Cash in Bank $ 61,984.34 $53,796.71 Cash on Deposit 196,114.98 219,479.57 Bills Discounted 653,952.38 1,042,245.39 Stocks and Bonds 469,240.80 284,945.54 U. S. Certificates 602,000.00 140,000.00 Mortgages 427,418.25 454,417.76 Trust Investment 88,172.41 88,172.41 Agency, Northeast Harbor 10,000.00 10,000.00 Agency, Southwest Harbor 5,000.00 Real Estate 5,075.00 5,750.00 Stamps, Etc. 274,45 448.61 $2,519,232,61 $2,299,255.99 LIABILITIES Capital Stock $ 50,000.00 $ 50,000.00 Surplus 200,000.00 200,000.00 Profit and Loss 124,590.01 97,936.39 Undivided Profits 19,580.41 26,407.63 Savings Deposits 885,877.99 862,399.18 Check Deposits 1,151,011.79 971,199.38 Trust Funds 88,172.41 88,172.41 Advance Payment bonds 3,141.00 $2,519,232.61 $2,299,255.99 Profits. Jan. 1, 1912 to July 1, 1912 $11,60000) July 1, 1912 to Jan. 1, 1913 18,291.00) $29,891.00 Jan. 1, 1913 to July 1, 1913 8,700.00) July 1, 1913 to Jan. 1, 1914 14,487.00) 24, 187.00 Jan. 1, 1914 to July 1, 1914 12,422.00) July 1, 1914 to Jan. 1, 1915 22,941.00) 35,363.00 Jan. 1, 1915 to July 1, 1915 14,199.00) July 1, 1915 to Jan. 1, 1916 15,060.00) 29,259.00 Jan. 1, 1916 to July 1, 1916 18,445.00) July 1, 1916 to Jan. 1, 1917 17,979.00) 36,424.00 Jan. 1, 1917 to Juliyy 1, 1917 23,300.00) July 1, 1917 to Jan. 1, 1918 34,241.78) 57,541.78 Jan. 1, 1918 to July 1, 1918 21,980.16) July 1, 1918 to Jan. 1, 1919 31,383.00) 53,363.16 Jan 1, 1919 to July 1, 1919 12,770.00) July 1, 1919 to Nov. 4, 1919 1,503.00) Accumulated interest on 21,173.00 Certificates of Indebtedness to Nov. 4, 1919 6,900.00) The above is a statement of profits for 10 months. Deposits. Nov. 4, 1914 $1,700,000. Nov. 4, 1915 1,818,000. Nov. 4, 1916 2,077,000. Nov. 4, 1917 2,029,000. Nov. 4, 1918 1,833,000. Nov. 4, 1919 2,037,000. 1917 1918 1919 Profit Tax $817.04 $2881.35 $11,392.74 State Tax 2194.08 979.61 410.60 Interest paid ck acct & Cert of Dep. 11 mo. 8725.39 9179.72 9978.94 Interest paid, Savings 32249.79 30200.00 29265.48 No. check accounts 1910 1955 2136 No. savings accounts 2089 2064 2177 EXPENSE ACCOUNT Nov. 3, 1917 to Nov. 4, 1919. Salaries $9959.36 Trustees 294. Northeast Harbor Agency, Rent $200. Salaries 422 Other Expenses 134.67 756.67 Taxes, Income Tax 8543.52 Captital Stock 358.31 State Tax 817.99 Town Tax 66.06 9785.88 Rent 925. Telephone 204.32 Electric Lights 62.60 Insurance 164.39 Cleaning 137. Cleaning Vault 55. Express 314.35 Travelling Expenses 76.36 Annual Meeting 666. Stamps and Stamped envelopes 1115.30 Rubber Stamps 12.70 Calendars 278.85 Pens and Ink 29.50 Bradstreet 100 Subscription, Financial papers 25. Check books, printing 1666.70 Expense, adding machine 110.49 " addressograph 4.31 Cigars 15. Safe, Southwest Harbor Agency 350. Fee, " If 11 50. Bond, Lynam 25. Advertising 85.08 Register of Deeds 17.52 Bond License 15. Prize money, Hancock County Agricultural Club 90. Oil for heating 20. Miscellaneous 249.05 $27,060. 43 Credits By F. C. Lynam & Co. 1/6 cleaning 1/2 lighting 1/3 oil 45.53 $27,014.90 25% of Income Tax to be paid Dec. 15, 1919 2,849.22 $29,864.12 November 1, 1927 RESOURCES 1927 1926 Cash in bank $ 66,122.68 86,085.35 Cash on deposit 509.103.43 270,161.47 Bills Discounted 1,942,553.01 1521,060.53 Stocks & Bonds 1,023,857.00 1100,210.47 U. S. Bonds 408,888.47 310,688.87 U. S. Certifi cates 125,000.00 200,000.00 Mortgages 849,666.06 880,274.21 Trust Investment 172,888.08 104,093.09 Agency, Northeast Harbor 10,000.00 10,000.00 Agency, Southwest Harbor 5,000.00 5,000.00 Furniture & Fixtures 15,640.52 15,588.27 5128,719.25 4503,162.26 LIABILITIES Capital Stock 200,000.00 100,000.00 Surplus 400,000.00 300,000.00 Profit & Loss 34,359.24 185,812.25 Undivided Profits 70,474.46 60,364.26 Savings deposits 2,014,501.16 1840,067.83 Check deposits 2,199,805.76 1883,411.53 Christmas Sav. Deposits 23,164.25 18,587,50 Trust Fund 172,888.08 104,093.09 Reserve for depreciation 12,168.71 10,562.39 School Savings 1,357.59 263.41 5,128,719.25 4503,162.26 EXPENSE ACCOUNT Nov. 1, 1926 to Nov. 1, 1927 Salaries (Home Office) $17,922.65 Northeast Harbor Agency Rent $200.00 Salaries 882.00 Postage 65.48 Telephone 55.50 Sundries 37.85 1,240.83 Southwest Harbor Agency Rent 210.00 Salaries 661.70 Postage 60.80 Telephone 26.57 Sundries 4.52 Safe for Southwest Harbor 475.00 Express on safe 32.75 Linoleum 11.90 E. A. Lawler labor 56.05 R. M. Norwood " 112.96 1,652.25 Agency Seal Harbor Salary, etc. 218.24 218.24 Directors Fees 348.00 Legal Expense 488.10 Annual Examination 30.00 Expense State Examination 107.50 Travelling Expense 154.20 Advertising 379.95 Stationery & Supplies 3,053.95 Express & Freight 147.61 Telephone & Telegraph 244.15 Rent 1,380.00 Postage and stamped envelopes 2,416.84 Taxes Town 613.20 Stockholders State Tax 4,482.00 State Tax Savings 1,283.31 Income Tax 7,248.65 13,627.16 Insurance Burglary 220.00 Fidelity Bond 177.75 Employers Liability 31.21 Fur Furniture & Fixtures 36.80 Continental Insurance Co. 115.02 580.78 Light, heat and water 155.24 Janiter service 317.00 Financial papers 28.00 Expense adding machine 191.92 Moody's Investors Service 25.00 Educational Thrift Service School Sav. 105.00 Prize money Hancock County Agricultural Clubs 100.00 Red Cross 25.00 Christmas Seals 25.00 State of Maine Publicity 100.00 Flood Sufferers 50.00 Bradstreet 125.00 Mosler Safe Company 70.00 License to sell bonds 25.00 Calendars 347.72 Bankers Elec. Protective Co. 25.00 Typewriter 77.50 Vacuum Cleaner 47.00 American Bankers Service 478.80 Secretary of State Fee for Increasing Stock 80.00 Christmas Club Supplies 60.50 Legislative Committee 194.00 Miscellaneous 441.51 47,086.40 PROFITS 1917 $57,541.00 1918 53,363,00 1919 25,915.00 1920 37,188.00 1921 61,322.00 Jan. 1, 1922 to July 1, 1922 $8,209) July 1, 1922 to Jan. 1, 1923 24,000) 32,209.00 Jan. 1, 1923 to July 1, 1923 14,687) July 1, 1923 to Jan. 1, 1924 33,800) 48,487.00 Jan. 1, 1924 to July 1, 1924 28,803) July 1, 1924 to Jan. 1, 1925 40,332) 69,135.00 Jan. 1, 1925 to July 1, 1925 25,615) July 1, 1925 to Jan. 1, 1926 41,777) 67,392.00 Jan. 1, 1926 to July 1, 1926 28,216) July 1, 1926 to Jan. 1, 1927 44,161) 72,377.00 Jan. 1, 1927 to July 1, 1927 34,385) July 1, 1927 to Nov. 1, 1927 $69,469 Less Int. Sav. to Jan. 1st 40,000 29,469) 63,854.00 DEPOSITS Nov. 4, 1919 $2,037,000 Nov. 2, 1920 2,065,000 Nov. 1, 1921 2,226,000 Nov. 7, 1922 2,432,000 Nev. 1, 1923 2,694,000 Nov. 3, 1924 2,807,000 Nov. 3, 1925 3,221,000 Nov. 1, 1926 3,700,000 Nov. 1, 1927 4,253,000 1923 1924 1925 1926 1927 Income Tax $2,369 $1,704 $3,076 $2,784 $5,746 State Tax on Savings 1,374 736 1,005 State Tax on Stock 3,300 3,657 3,657 3,715 4,482 Int. paid check acct. & Cert. of Dep. 10 mo. 12,800 13,049 15,691 20,347 23,444 Int. paid Savings 49,666 54,063 57,276 65,308 35,569 Est. remaining 6 mo. 40,000 No. check accounts 2,743 2,913 2,913 2,944 3,199 No. savings accounts 2,723 2,846 2,963 3,149 3,265