CALHOUN FIRST NATIONAL BANK

Calhoun, Georgia

He

Atkins Henderson called me yesterday to discuss the analysis loss which has been consistently occurring on their account. stated that he, Bert and Lamar Harrison had reviewed the situation and believe they have made the necessary adjustments to put the account on a profitable basis. In addition, we agreed to sell Calhoun First National a $250,000 non-interest bearing CD for 90 days.

I agreed to sell Calhoun First National federal funds on a when needed basis to get the proper balance in the account. If the adjustments which are made do not at least result in daily collected balance, I will get back in touch with Atkins to discuss further adjustments necessary.

8/28/73

96-384 O-77-4

JOHN W. ALDRIDGE

FULTON LOANS TO B. LANCE AND RELATED INTERESTS 1-1-72 to Present

PRINCIPAL REASON (S) FOR ABOVE RATING:

The loan is excessive in relationship to book value of stock held as collateral.
Mr. Lance anticipates sending us additional collateral, and he also ànticipates
definite repayment program. When additional collateral is received and repayment

program starts, this rating would improve.