Our financial history

Financial status during the year each new President took office following the five-year term of the Rev. Frederic W. Holland, the Bank’s first President.

December 1859
George Stevens, President
(Financials unavailable)

December 1894
John C. Bullard, President

Deposits Mortgage Loan Surplus Assets
$2,033,041 $1,419,977 $190,901 $2,258,717

December 1903
Alvin F. Sortwell, President

Deposits Mortgage Loan Surplus Assets
$3,597,507 $2,203,249 $300,936 $3,951,243

December 1904
Gustavus Goepper, President

Deposits Mortgage Loan Surplus Assets
$3,720,518 $2,202,734 $317,897 $4,098,114

November 1931
Fred B. Wheeler, President

Deposits Mortgage Loan Surplus Assets
$20,088,083 $13,228,401 $1,716,650 $21,815,565

December 1954
Charles H. Sloan, President

Deposits Mortgage Loan Surplus Assets
$23,450,073 $5,227,171 $2,975,897 $26,506,987

December 1957
George E. Lakschewitz, President

Deposits Mortgage Loan Surplus Assets
$25,173,219 $8,632,918 $3,202,203 $28,457,612

October 1975
Earland S. Black, President

Deposits Mortgage Loan Surplus Assets
$89,858,560 $68,601,797 $8,991,647 $99,296,957

October 1976
Ralph G. Burstad, President

Deposits Mortgage Loan Surplus Assets
$98,001,904 $72,987,124 $9,752,367 $108,774,654

October 1983
George E. Wilson, President

Deposits Mortgage Loan Surplus Assets
$168,502,200 $87,210,082 $14,999,958 $189,000,748

December 1999
William F. McGilvreay, President

Deposits Mortgage Loan Surplus Assets
$442,070,193 $367,113,765 $51,298,160 $537,899,194

March 2004
Arthur C. Spears

Deposits Mortgage Loan Surplus Assets
$531,067,087 $440,644,542 $67,195,614 $653,288,229