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Show V REP0RT MADE TO THE BAXK f COMMISSIONER OF THE STATE OF UTAH OF THE CONDITION OF THE ,T GEORGE BUILDING SOCIETY located at St. George in the county , Washington, State 'of Utah, at the close of business on the 31st day of December, 192 6. The amount of authorized author-ized capital $400,000.00 The par value of each.... hare 100.00 The number of shares.... sold during the year.. 413'i The number of shares .... ' cancelled and with- .... ' drawn during the year 2S.00 Xumber of shares in force at the end of year 2,28 9 U statement of receipts and disburse- "ments during the preceding year: i January 1, to December 31, 192G. RECEIPTS Cah on hand at. close of last fiscal year $ 2,928.22 Pavments on Installment Stock , 10,482.56 Repayment of Install-.... meat Stock Loans 150.00 Deposits, Savings Stock.. 1G.450.00 Interest and Discounts.... 7, 713. SI Membership or With- drawal Fees 44.20 Miscellaneous receipts, .. viz: - 161.54 Jle-pavment, Real Estate Loans ' 2,316.00 Borrowed money 11,775.00 Total Receipts ? 520 21.33 DISBURSEMENTS Loans on First Mortgage Securities 19,867.23 Loans on Installment . Stock 5,175.00 Withdrawals of Install- .. ment Stock 702.81 Withdrawals, Savings .... Stock 600.00 Dividends Paid during.... Fiscal Year 1,574.30 Expenses, Inc. Salaries.... 632.12 Interest Paid 1,069.21 Borrowed money re-paid 21,419.67 Cash on hand at close of ' Fiscal Year 9 SO. 9 9 Total Disbursements ..$ 52,021.33 A Statement of its Assets and Liabilities Lia-bilities at the close of the year: ASSETS Cash on hand and in Banks $ 9 SO. 9 9 Loans on Real Estate (1st Mortgage) 104,000.00 Loans on Installment .... Stock 6,025.00 Expenses Paid 63 2.12 Total Assets $111,638.11 LIABILITIES Surplus $ 1,215.05 Installment Stock, All .... Classes 60,112.08 Savings Stock 35,850.00 W Reserves for Contingent-Losses Contingent-Losses 3,610.54 Borrowed Money 9,875.00 Interest Collected 632.12 Uncompleted Cont. Bldg. under Construction .... 343.32 Total Liabilities $111,638.11 Number of shareholders Dec. 31, 1926. 148 W. O. Bentley being first duly sworn according to law deposes and says, that he is secretary of the above named company; that the statements made in the foregoing report are true and correct and that said statement contains a full and correct exhibit of the condition of said company's business busi-ness at the close of the year 1926. W. O. BENTLEY', Subscribed and sworn to before me this 16th day of February, 1927. Leo A. Snow, St. George, Utah, (Seal) Notary Public. Commission expires Jan. 16. 1929. STATE OF UTAH, Office of Bank Commissioner. I. Seth Pixton, Bank Commissioner Commission-er of the State of Utah, do hereby certify that the foregoing is a full, rue and. correct copy of the statement state-ment of the above named company, now on file in my office this 19th (lay of February, 19 27. SETH PIXTON, Bank Commissioner. |