The Bank of Camilla was established more than 100 years ago as the first bank in Mitchell County. The bank was chartered on November 4, 1889, and began business on January 2, 1890, in the first brick building in Camilla, known for many years as "Bennett Hall."
The founding fathers and first directors of the bank were T. R. Bennett, Sr.; M. F. Brimberry; D. K. Butler; J. B. Acree; J. C. Turner and W. N. Spence with T. R. Bennett, Sr., as its first President. Other presidents have been Capt. J. P. Heath; T. R. Bennett, Jr. (later became first Superintendent of Banking in Georgia); W. L. Butler; J. L. Palmer; Joe Wheeler Butler; J. B. Lewis; J. E. Brooks, Sr.; W. W. Brooks; Raymond T. Muggridge, Jr. and Ray T. Muggridge, III (present).
Current directors are Ray T. Muggridge, III, Chairman of the Board; E. Butler McDonald; Donald Shirah; Janet Butler Stallings; Ray E. Dixon; Melanie M. Kemp; and David E. Wright.
Current officers are Ray T. Muggridge, III, President, Chief Executive Officer and Chairman of the Board; David E. Wright, Executive Vice-President, Bank Secretary and Chief Financial Officer; Warren H. Marchant, Vice President; James I. McKenzie, III, Assistant Vice-President and Loan Officer; Michael McGahee, Assistant Vice-President and Loan Officer; Johnnie J. Irvin, Auditor; Martha Jane Bullard, Banking Officer and Computer Information Officer, and Kristy Suber, Compliance Officer.
Deposits in 1916 were approximately $150,000.00 and in 1934, they were $202,840.00. By 1950, they had passed the million dollar mark. In March, 1953, the bank came under the FDIC protection. At the time of our move to our present location, assets totaled $7.3 million. The Statement of Condition for December 2013 reported assets of $102.5 million.
The Oldest Bank in Mitchell County takes pride in being known as "The Friendly Bank" and in fulfilling its commitment to provide a superior service to our customers and our community at this time and for many years to come.