State
Bank of Cochran
A charter was granted
on December 22, 1921 for State Bank of Cochran. Operation began in the
bank building formerly occupied by Citizens Bank of Cochran, which is
located on Second Street. The bank opened for business on January 5,
1922 with $177,572.37 in assets. State Bank purchased assets including
the bank building, deposits and loans from Citizens Bank of Cochran
during their voluntary liquidation. Original Directors of the bank were
J.S. Helms, I. A. Willis, Thomas Wilmore Fisher, Sr., J. E. Lane, H.
F. Lawson, J. R. Porter, and Lewis Sullivan Leach. Many of their descendants
are still associated with the bank today.
Profits were lean
during the twenties and early thirties. During the later thirties and
forties the bank prospered. The building was remodeled and additions
made to include a drive-thru and add air conditioning. Eventually the
bank outgrew its location and in April 1974 a new bank was opened at
the corner of Beech and Third Streets. The old location was sold to
another institution and still functions as a bank today. Since 1974
the bank has undergone several renovations to remain modern and competitive.
In 1998 State Bank
of Cochran purchased the branch of First South Bank in Wrightsville
and the name was changed to Community Bank of Johnson County. Much was
invested into the Johnson County community to remodel the bank, install
the city’s first ATM machine and offer new products to its customers.
In 2001 State Bank
of Cochran expanded again by purchasing the branches of Knight State
Bank located in Dexter and Dublin. They became known as First Laurens
Bank. Computer upgrades and minor renovations were initiated. Soon land
was purchased to build a new location in Dublin. The construction of the new office on Veterans Boulevard was completed in December, 2003.
Primary Officers
of State Bank have included J. S. Helms, Thomas Wilmore Fisher, Sr.,
Robert T. Cooper, Lewis S. Leach, L. D. (Jack) Griffin, Taylor Edward
Howell and Ernie Tripp. These men and a dedicated staff have seen the
bank grow from $177,000 in assets to more than $164,000,000. State Bank
is the largest bank in Bleckley and Johnson Counties and second largest
in Laurens County.
State Bank of Cochran
is proud of the service we have provided our hometown for more than
80 years. We are also proud of the new communities we now serve. We
look forward to continued growth in all of our markets and invite you
to become a member of our family.