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Show REPORT OF CONDITION Of the Milford State Bank of Milford, and its Beaver City Branch of Beaver, in the State of Utah at the close of business on Sept. 26, 1956 ASSETS 1. Cash, balances with other banks, including reserve balances, and cash items in process of collection $ 638,185.72 2. United States Government obligations, direct and guaranteed "., 600,719.13 3. Obligations of States and political subdivisions 99,093.15 6. Loans and discounts (including $183.47 overdrafts) 1,387,817.36 7. Bank premises owned $27,949.00, furniture and fixtures $11,256.49 .... 39,205.49 8. Real estate owned other than bank premises .... 1.00 11. Other assets -. 372.99 12. TOTAL ASSETS $2,765,394.84 LIABILITIES 13. Demand deposits of individuals, partnerships and corporations $1,227,769.87 14. Time deposits of individuals, partnerships and corporations 918,302.76 15. Deposits of United States Government (including postal savings) 23,590.45 16. Deposits of States and political subdivisions 324,542.70 18. Other Deposits (certified and officers' checks, etc.) 22,349.92 19. TOTAL DEPOSITS $2,516,555 70 23. Other liabilities 2,979.03 24. TOTAL LIABILITIES $2,519,534.73 CAPITAL ACCOUNTS 25. Capital 50,000.00 26. Surplus 100.000.00 27. Undivided profits 83,195.12 28. Reserves (and retirement account for preferred capital 12,664.99 29. TOTAL CAPITAL ACCOUNTS $ 245,860.11 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,765,394.84 "This bank's capital consists of: Common stock with total par value of $50,000.00 MEMORANDA 31. Assets pledged or assigned to secure liabilities and for other purposes 50,000.00 State ot Utah. County of Beaver: J. C. Smith, being first duly sworn according to law, deposes and says, that he is Cashier of the above named bank and thai the above and foregoing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 26th day of September.1956. J. C. SMITH. Subscribed and sworn to before me this 4th day of October, 1A56. al). z JOHN H. DAVIS, Notary Public 1959 8t d' utah- My commission expires October 20, Correct, Attest: Sam Cline, George Jelferson and A. R Hamilton, Ham-ilton, Directors. State of Utah, Office of Bank Commissioner I, Louis S. Leatham, Bank Commissioner of the State of Utah do hereby certify that the foregoing is a true and correct copy of the ftatement of the above named company, filed in my office on October 6, 1956. LOUIS S. LEATHAM, . Bank Commissioner. |