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Show ANNUAL REPORT To the Bank Commissioner of the State of Utah Made by the Home Benefit Savings and Loan Of Salt Lake City, County of Salt Lake, State of Utah Statement of Condition as at the Close of Business Dec. 31, 1959 ASSETS Cash on hand and in banks $ 212,840.27 Other investment securities 26,222.36 . 26,222.36 First mortgage direct reduction loans. 2,109,578.14 Advances for taxes, insurance, etc. (unless included above) 2,109,578.14 Furniture and Fixtures ...$13,932.95 Less Dep'r 5,964.83 7,968.12 TOTAL ASSETS .$2,356,608.89 LIABILITIES Unpledged Withdrawable Shares: B Optional Shares 287,061.43 287,061.43 Other borrowed money 1,416,430.66 Due borrowers on loans in process. . . 309,711.74 Advance payments by borrowers for taxes and insurance 190,483.99 Permanent, reserve or guaranty stock 100,000.00 A Legal reserve 27,320.82 27,320.82 Undivided profit or surplus 25,600.25 TOTAL LIABILITIES $2,356,608.89 Total Number of Mortgage Loan Accounts 173 Total Number of Savines and Investment Share Arrmints 2SR STATE OF UTAH, COUNTY OF SALT LAKE ss. Melvin L. Woodbury, being first duly sworn according to law, deposes and says that he is the Secretary of the above named corporation and that the foregoing report contains a full, true and correct statement of the condition of the said corporation at the close of business on the 24th day of December, 1959. Dated this 26th day of January, 1960 MELVIN L. WOODBURY, Secretary ATTEST: Subscribed and sworn to before me Three Directors this 27th day of January, 1960 Robert L. Judd ORIN R. WOODBURY William Werrett, Jr. Notary Public Royden E. Weight My Commission expires 6-11-62 STATE OF UTAH OFFICE OF THE BANK COMMISSIONER I, Seth H. Young, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of condition of the above named corporation filed in my office on January 29, 1960. (2-5 2-12) SETH H. YOUNG, Bank Commissioner |