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Show REPORT OF CONDITION OF SPRINGVILLE BANKING COMPANY OF SPRINGVILLE, UTAH, A MEMBER OF THE FEDERAL RESERVE SYSTEM, AT THE CLOSE OF BUSINESS ON APRIL 4, 1942. Published in accordance with a call made by the Bank Commissioner of Utah and the Federal Reserve Bank of this district pursuant to the provisions of the Federal Reserve Act. ASSETS Loans and discounts (including $11,388.74 overdrafts) $1,096,261.66 United States Government obligations, direct and guaranteed 82,745.33 Obligations of States and political subdivisions 4,050,00 Corporate stocks (including $5,550.00 stock of j Federal Reserve bank) 5,550.00 ! Cash, balances with other banks, including reserve balance, and cash items in process of collection 492,715.33 Bank premises owned $4,936.91, furniture and fixtures $1.00 4,937.91 Other assets 160.66 ! TOTAL ASSETS $1,686,420.89 LIABILITIES Demand deposits of individuals, partnerships, and corporations j 489,688.19 Time deposits of individuals, partnerships, and corporations 754,656.29 Deposits of United States Government (including (in-cluding postal savings) 412.50 Deposits of States and political subdivisions 213,310.15 Deposits of banks 4 037.90 Other deposits (certified and officers' checks, etc- 4,037.90 TOTAL DEPOSITS $1,462,105.03 ! TOTAL LIABILITIES (not including subordinated obligations shown. below) $1,462,105.03 CAPITAL ACCOUNTS CaPital $ 75,000.00 SurPllls ,. 110,000.00 Undivided Profits 28 165 61 Reserves (and retirement account for preferred capital) 11,150.25 TOTAL CAPITAL ACCOUNTS..... $ 224,315.86 TOTAL LIABILITIES AND CAPITAL ACCOUNTS AC-COUNTS $1,686,420.89 This bank's capital consists of common stock with total par value of $75,000.00. MEMORANDA Secured and preferred liabilities: (d) Deposits preferred under provisions of law but not secured by pledge of assets $ 412.50 TOTAL $ 412.50 State of Utah ) County of Utah) C. G. Salisbury, being first duly sworn according to law, deposes and says, that he is Cashier of the above named bank and that the above and foregoing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 4th day of April, 1942. C. G. SALISBURY. Correct Attest: H. T. REYNOLDS, Jr., MARK COOK, F. C. PACKARD, Directors. Subscribed and sworn to before me this 9th day of April, 1942. WM. PARRY, (SEAL) Notary Public. Residing at Springville, Utah. My Commission expires June 20, 1943. State of Utah ) Office of Bank Commissioner) I, Rulon F. Starley, 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 ADril 14, 1942. " RULON F. STARLEY, Bank Commissioner. |