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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 March 31, 1978 Dollar Amount ASSETS In Thousands Cash and due from banks $544 U. S. Treasury securities ' 390 Obligations of other U. S. Government agencies agen-cies and corporations . . . None 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 450 . Loans, Total (excluding unearned income) 3,605 Less: Reserve for possible i loan losses 19 Loans, net 3,586 Direct lease financing None Bank premises, furniture and fixtures, and i other assets representing bank premises. . 153 Real estate owned other than bank premises None I Investments in unconsolidated subsidiaries j and associated companies None Customers' liability to this bank on acceptances accept-ances outstanding None Other assets 67 TOTAL ASSETS ..' 5,190 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,469 Time and savings deposits of individuals, partnerships, and corporations 2,474 Deposits of United States Government 8 Deposits of States and political subdivisions. . 750 Deposits of foreign governments and official institutions None Deposits of commercial banks None Certified and officers' checks 58 TOTAL DEPOSITS IN DOMESTIC OFFICES $4,759 (a) Total demand deposits $1,535 (b) Total time & savings deposits $3,224 TOTAL DEPOSITS IN FOREIGN OFFICES . None TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 4,759 Federal funds purchased and securities sold j under agreements to repurchase in domes- : tic offices ' None Other liabilities for borrowed money None Mortgage indebtedness None j Acceptances executed by or for account of I this bank and outstanding None Other liabilities 56 TOTAL LIABILITIES (excluding subordinated notes and debentures) 4,815 Subordinated notes and debentures None EQUITY CAPITAL Preferred stock No. shares outstanding '. None ! Common stock i No. shares authorized . . .' 50,000 i No. shares outstanding 25,000 t No. shares outstanding . .10.00 (par value) 250 Surplus 125 Undivided profits None Reserve for contingencies and other capital reserves None TOTAL EQUITY CAPITAL 375 j TOTAL LIABILITIES AND EQUITY CAPITAL 5,190 MEMORANDA Average for 15 or 30 calendar days ending with call date Cash and due from banks 366 Federal funds sold and securities purchased under agreemenis to resell 517 Total loans 3,157 Time deposits of $100,000 or more in domestic offices 1,800 Total deposits 4,590 Federal funds purchased and securities sold under agreements to repurchase None Other liabilities for borrowed money None Standby letters of credit outstanding 69 Time deposits of $100,000 or more in domestic offices: Time certificates of deposit in denominations of $100,000 or more 1 ,800 Other time deposits in amounts of $100,000 or more None Number of operating branches as of call date 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 13th day of APRIL, 1978. PAUL A. SMITH Notary Public Correct-Attest: i FRED H. STRINGHAM LOWELL L. LEISHMAN GAYLEN C. 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 j and correct copy of the statement of the above named bank, filed in this office on April 17, 1978. W. S. BRIMHALL Commissioner of Financial Institutions |
