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Show LEGAL NOTICES REPORT OF CONDITION OF SPRINGVILLE BANKING COMPANY of Springville, Utah County, Utah at the close of business December 31, 1958, a State banking institution organized and operating under the banking laws of this State and a member mem-ber of the Federal Reserve System. Published in accordance with a call made by the State Banking Authorities and by the Federal Reserve Bank of this District. ASSETS Cash balances with other banks, including reserve balance, and cash items in process of collection $ 703,712.73 United States Government obligations, direct and guaranteed 2,544,500.00 Obligations of States and political subdivisions .... 179,800.00 Corporate stocks (including $15,000.00 stock of Federal Reserve bank) 15,000.00 Loans and discounts (including $4,902.11 overdrafts) over-drafts) 3,826,888.59 Bank premises owned $1.00, furniture and fixtures None 100 Real estate owned other than bank premises 20,006.00 Investments and other assets indirectly .representing .represent-ing bank premises or other real estate 1.00 TOTAL ASSETS $7,289,909.32 LLABILTTIES Demand deposits of individuals, partnerships, and corporations $2,123,518.32 Time deposits of individuals, partnerships, and corporations 3,534,799.25 Deposits of United States Government (including postal savings) 52 662.26 Deposits of States and political subdivisions ..' 904,401.26 Deposits of banks 25,000.00 Other deposits (certified and officers' checks, etc.) 24,715.62 TOTAL DEPOSITS $6,665,096.71 TOTAL LIABILITIES $6,665,096.71 CAPITAL ACCOUNTS Capital $ 200,000.00 Surplus 300,000.00 Undivided profits 124,812.61 TOTAL CAPITAL ACCOUNTS 624,812.61 TOTAL LIABILITIES & CAPITAL ACCOUNTS $7,289,909.32 "This banks capital consists of: Common stock with total par value of $200,000.00. MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes : - $ 268,500.00 Loans as shown above are after deduction of reserves of 35,233.98 I, H. C. Maycock, Cashier of the above-named bank, hereby here-by certify that the above statement is true to the best of my knowledge and belief. H. C. MAYCOCK CORRECT ATTEST: F. C. PACKARD D. R. PACKARD C. G. SALISBURY Directors. State of Utah, County of Utah ss: Sworn to and subscribed before me this 6th day of January, 1959, G. W. SUMSION Notary Public Spring-ville, Utah (SEAL) My Commission expires Jan. 18, 1961. 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 the above named company, filed in my office on January 9, 1959. SETH H. YOUNG, Bank Commissioner. |