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General Increase in Banks of Alabama Report
A. E. Walker, state bank superintendent, presents a 1911 comparison showing Alabama bank resources at 2,? million with paid in capital rising to 17,190,331. Overdrafts and deposits surged, while 14 new banks were chartered and 227 banks operated with 21 branches. Mergers include American Trust and Peoples Savings Bank Birmingham with related consolidations. Two small negro-owned banks closed since the law change.
MENTIONED IN THIS ARTICLE
Gentzouery
Ale
Vay
Alabams Bane
Anit
Itty
Pressont
New Inn
Jette
jRafety Banking and Realty Company
Mabile
Peoples
Yestment and Bavings Bank of
Birmingham
Brich
Efleet
Walker
Jettur