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Show REPORT OF CONDITION OP SPRINGVILLE BANKING COMPANY Ol.' SPRINGVILLE, UTAH, A .MEMBER OP THE FEDERAL RESERVE SYSTEM, AT THE CLOSE OF BUSINESS ON APRIL 4, 1941. 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. A S S E T S Loans and discounts (including $5,750.16 overdrafts) $ 942,369.35 United States Government obligations, direct di-rect and guaranteed 82,745.33 Obligations of States and political subdivisions subdi-visions 9,987.65 Corporate stocks (including $5,550.00 stock of Federal Reserve bank) 5,550.00 Cash, balances with other banks, including reserve balance, and cash items in process pro-cess of collection 194,634.99 Bank premises owned $0.50, furniture and fixtures $0.50 1.00 Other assets 211.58 TOTAL ASSETS $1,235,499.90 LIABILITIES Demand deposits of individuals, partnerships, partner-ships, and corporations $ 348,549.15 Time deposits of individuals, partnerships, and corporations 634,398.42 Deposits of States and political subdivisions subdi-visions - 32,601.73 Other deposits (certified and officers' checks, etc.) . 11,890.33 TOTAL DEPOSITS ...$1,027,439.63 TOTAL LIABILITIES (not including subordinated subordinat-ed obligations shown below) $1,027,439.63 CAPITAL ACCOUNTS Capital $ 75,000.00 Surplus 110,000.00 Undivided profits 13,060.27 Reserves (and retirement account for preferred capital) 10,000.00 TOTAL CAPITAL ACCOUNTS $ 208,060.27 TOTAL LIABILITIES AND CAPITAL ACCOUNTS AC-COUNTS $1,235,499.90 "This bank's capital consists of common stock with total par value of $75,000.00. 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 dav of April, 1941. C. G. SALISBURY. Subscribed and sworn to before me this 10th day of April, 1941. A. L. THORPE, (SEAL) Notary Public. Residing at Springville, Utah. My commission will expire March 4, 1942. Correct Attest: FREDERICK DUNN, F. C. PACKARD, ALBERT WM. HARMER, Directors. Office of Bank Commissioner ) STATE OF UTAH ) I, J. M. Knapp, Chief Examiner 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 April 11, 1941. J. M. KNAPP, Chief Examiner. |