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Show REPORT OF CONDITION of BOUNTIFUL VALLEY BANK, of BOUNTIFUL in the State of Utah at the close of business on SEPTEMBER 30, 1978 Dollar Amount ASSETS 'n Thousands Cash and due from banks $522 U.S. Treasury securities 400 Obligations of other U. S. Government agencies agen-cies and corporations 250 Obligations of States and political subdivisions sub-divisions None Other bonds, notes, and debentures None Corporate stock None Trading account securities None Federal funds sold and securities purchased under agreements to resell in domestic offices None Loans, Total (excluding unearned income) 3,980 Less: Reserve for possible loan losses 18 Loans, net 3,962 Direct lease financing None Bank premises, furniture and fixtures, and other assets representing bank premises. . 143 Real estate owned other than bank premises None Investments in unconsolidated subsidiaries and associated companies None Customers' liability to this bank on acceptances accept-ances outstanding None Other assets 79 TOTAL ASSETS 5,356 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,501 Time and savings deposits of individuals, partnerships, and corporations 2,476 - Deposits of United States Government 29 Deposits of States and political subdivisions. . 790 Deposits of foreign governments and official institutions None Deposits of commercial banks None Certified and officers' checks 107 TOTAL DEPOSITS IN DOMESTIC OFFICES $4,903 (a) Total demand deposits $1,637 (b) Total time & savings deposits $3,266 TOTAL DEPOSITS IN FOREIGN OFFICES . None TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 4,903 Federal funds purchased and securities sold under agreements to repurchase in domestic domes-tic offices None Other liabilities for borrowed money None Mortgage indebtedness None Acceptances executed by or for account of this bank and outstanding None Other liabilities 61 TOTAL LIABILITIES (excluding subordinated notes and debentures) 4,964 Subordinated notes and debentures None EQUITY CAPITAL Preferred stock No. shares outstanding None Common stock No. shares authorized 37,500 No. shares outstanding 25,000 (par value) 250 Surplus 125 Undivided profits 17 Reserve for contingencies and other capital reserves None TOTAL EQUITY CAPITAL 392 TOTAL LIABILITIES AND EQUITY CAPITAL 5.356 MEMORANDA Average for 15 or 30 calendar days ending with call date Cash and due from banks 365 Federal funds sold and securities purchased under agreements to resell 168 Total loans 3,924 Time deposits of $100,000 or more in domestic offices 1,859 Total deposits 4,947 Federal funds purchased and securities sold under agreements to repurchase .... 7 Other liabilities for borrowed money None Standby letters of credit outstanding 30 Time deposits of $100,000 or more in domestic offices: Time certificates of deposit in denominations of $100,000 or more 1,130 Other time deposits in amounts of $100,000 or more 790 Number of operating branches as of call date 1 I, HENRY W. CAMERON, Vice President of the above-named bank do hereby declare that this report of condition is true and correct to the best of my knowledge and belief. HENRY W. CAMERON State of Utah, County of Davis ss: Sworn to and subscribed before me this 20th day of OCTOBER, 1978 GARY F. KOTTER Notary Public Correct-Attest: LOWELL L. LEISHMAN RICHARD B. STRINGHAM GAYLEN L. LARSEN Directors STATE OF UTAH, Department of Financial Institutions I, W. S. BRIMHALL, Commissioner of Financial Institutions, In-stitutions, do hereby certify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on October 24, 1978. W. S. BRIMHALL Commissioner of Financial Institutions |