Was organized early in 1864, succeeding the Carroll County Bank of H. A. Mills & Co. Jas. Mark, Henry A. Mills, Henry Ashway, Duncan Mackay, Uriah Green, Daniel Hurley, John Kridler and George Miller were the original stockholders, the first five named acting as the first Board of Directors. Commenced business June 1, 1864, in the Wm. T. Miller building, then located on part of the ground now occupied by the J. F. Allison building.
In 1870 removed to present location. Its success has been uniform. It has paid to its stockholders in dividends $339,964.23. It has paid in U. S. state and local taxes $78, 170.93. The proportion of taxes / aid to profits divided shows that it has given its full share towards the support of the government, U. S. and local.