Danville Bank,
I herewith transmit a statement of the condition of this Bank on the 1st day of January, 1861.
Comparative State of the Danville Bank on the 1st of Jan., 1860, and 1st of Jan., 1861.
| 1860 | 1861 | |
| debt outstanding | $503,340.08 | $496,246.28 |
| Sterling bills | 000.00 | 000.00 |
| Stocks | 000.00 | 000.00 |
| Specie | 88,473.76 | 62,675.18 |
| Notes of other Virginia Banks | 74,441.14 | 250.00 |
| Notes of Banks out of the State | 000.00 | 1,755.00 |
| due by other Banks | 18,500.08 | 17,744.12 |
| real Estate | 1,850.00 | 1,850.00 |
| loans to Commonwealth | 000.00 | 000.00 |
| in transit | 000.00 | 000.00 |
| $619,505.06 | $580,520.58 | |
| capital Stock | $300,000.00 | $300,000.00 |
| circulation | 25,210.00 | 208,145.00 |
| Deposits | 39,237.64 | 38,089.26 |
| due to other Banks | 1,976.34 | 5,206.25 |
| Surpins and Contingent Fund | 7,431.71 | 19,1#6.69 |
| Fronts of the institution | 16,719.97 | 14,914.04 |
| in transit | 000.00 | 000.00 |
| $619,605.06 | $380,520.58 |
Dealings in Exchange last Quarter.
| 1860. | 1861. | |
| amount purchased | $141,714.68 | $57,288.31 |
| Premium paid | 173.08 | 332.08 |
| amount sold | 272,908.50 | 110,495.73 |
| Premium received | 941.86 | 763.51 |
on the first of each month embraced in the last Quarter:
| Oct. 1. | Nov. 1. | Dec. 1. | |
| Debt due by this Bank | $286,051.50 | $277,151.31 | $207,819.11 |
| Debt due to this Bank | 534,828.99 | 582,327.46 | 524,581.46 |
| On hand, discounted Inland bills | 15,502.50 | 22,850.33 | 17,067.07 |
| On hand, discounted Foreign bills | 298,897.52 | 846,274.63 | 333,112.10 |
| Loan to Directors | 450.00 | 3,450.00 | 3,450.00 |
| Specie | 74,758.17 | 47,370.57 | 23,270.77 |
| Circulation | 222,105.00 | 193,530.00 | 172,480.00 |
| Deposit | 34,060.12 | 31,843.95 | 30,883.58 |
| Surplus Fund | 19,166.09 | ||
| Profit and Loss | 14,914.04 | ||
| 34,080.15 | |||
| Deduct Dividend four per cent, payable Jan. 7th | 12,000.00 | ||
| Deduct Tax on Dividend | 800.00 | ||
| Deduct Bonus on Capital | 750.00 | ||
| 13,550.00 | |||
| Balance to Surplus Fund. | 2,500.13 |
The undersigned, Directors of the Danville Bank, at Danville, Va., hereby certify that the within statement has been examined, and believed to be correct. W. T. Sutherlin, President.
State of Virginia, Corporation of Danville, to wit:
This day personally appeared before me, Wm. T. Clark, an Alderman for said corporation, John M. Johnston, Cashier of the Danville Bank, at Danville, Va., and made oath that the annexed statements, made out from the books of the Bank aforesaid, are correct to the best of his knowledge and belief.
Given under my hand this 4th day of January, 1861. will. T. Clark, Aid.
