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Show EAT AT THE MAIN CAFE. Smithfield, Utah Adv. 50 Years of Service i Fifty years ago, on the morning of January 4, 1892 the First NatiorAal Bank j of Logan opened for business under a charter granted it by the, United States government. Logan at that time was little more than a; pioneer community. The telephone was a novelty, automobiles and movies were unheard of. We had no paved walks, sewer systems, nor hospitals :. But as Logan and Cache Valley have progressed during the past 50 years so, also, has this pioneer banking institution. Its growth is reflected in the following condensed statements of condition: STATEMENT OF CONDITION OF THE FIRST STATEMENT RENDEREiD TO NATIONAL BANK OF LOGAN AT THE CLOSE COMPTROLLER OF CURRENCY OF ITS FIRST DAY OF BUSINESS, MONDAY, ' AS OF I JANUARY 4, 1892. ' r' ' DECEMBER 31, 1941. ' i : ; i ASSETS ASSETS) Loans and Discounts $ 1,025.00 Loans and Discounts ! $1,328,172.38 tt -j. j m i. t j iQKAnn Banking House 45,000.00 United States Bonds r 12,500.00 , Furniture and Fixtures 10,500.00 Premium Paid for above bonds ----- 2,125.00 Reai Egtate ; 6,500.00 Furniture and Fixtures 1.30 Federal Reserve Bank Stock .'. A 4,600.00 Expenses paid " 82.00 Cash, U. S. Bonds and due from Banks .... 761,981.71 Cash and balances with other banks 18,147.60 Other Bonds ) 89,392.87 TOTAL $33,880.90 TOTAL 1 $2,246,146.96 LIABILITIES LIABILITIES " Individual Deposits $i 692.10 Capital Stock .....$ 100,000.00 Current earnings 28.80 Surplus, Profits and Reserves 96,795.34 Common Capital Stock '. 33,160.00 - Deposits '.. 2,049,351.62 I TOTAL $33,880.90 TOTAL ...$2,246,146.96 ' " I 50 YEARS GROWTH IN TOTAL RESOURCES AS OF DEC. 31st IN EACH 10-YEAR PERIOD 1892 .-....$ 119,047.48 , 1902 335,042.30 ... . 1912 ........... 651,207.02 1922 1,430,597.73 . 1932 : : 1,650.559.86 1941 - 2,246,146.96 ' We have been most fortunate throughout the entire fifty years of our existence in having the full confidence and support of our customers and friends, who have been responsible for whatever success we have made. The First National Bank of Logan Member of the Federal Reserve System and the Federal Deposit Insurance Corporation II nmnr.'li iLH Ll-"i ' 'l"V'J'' iuirr"'rnr lUjLJMULJZJia |