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Show REPORT OF CONDITION" OF SPRINGVILLE BANKING COMPANY OF SPRINGVILLE, UTAH, A MEMBER OF THE FEDERAIL RESERVE SYSTEM, AT THE CLOSE OF BUSINESS OX MARCH 20, 194. - 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 discouuts (including $6,261.68 overdrafts ).. 790,029.22 United States Government obligations, direct and guaranteed guar-anteed 62,745.33 Obligations of States and political subdivisions 31,326.50 Corporate stocks (including $4,800.00 stock of Federal Reserve bank) '. - 4,800.00 Cash, balances with other banks, including reserve balance, bal-ance, and cash items in process of collection 249,458.82 Bank premises owned $0.50, furniture and fixtures $0.50 i-00 Other assets - - 1,238.94 TOTAL ASSETS ...$1,159,599.81 LIABILITIES Demand deposits of individuals, partnerships, and corporations cor-porations - 344,824.45 Time deposits of individuals, partnerships, and corpora- tions - 557,970.96 Deposits of States and political subdivisions .... 64,287.12 Other deposits (certified and officers' checks, etc.) 5,290.52 TOTAL DEPOSITS 972,373.05 TOTAL LIABILITIES (not including subordinated subordin-ated obligations shown below $ 972,373.05 CAPITAL ACCOUNTS Capital - - 75,000.00 Surplus 85,000.00 Undivided profits - 8,910.07 Reserves (and retirement account for preferred capital) capi-tal) Reserves for Losses 18,316.69 TOTAL CAPITAL ACCOUNTS 187,226.76 I TOTAL LIABILITIES & CAPITAL ACCOUNTS..l,159,599.81 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 state-ment of the condition of the said bank at the close of business on the 26th day of March, 1940. C. G. SALISBURY. Subscribed and sworn to before me this 8th day of April, 1940. Correct Attest: A. G. JOHNSON, M. O. PACKARD, (SEAL) Notary Public. MARK COOK, Residing at Springville, Utah. ALBERT Wm. HARMER, My Commission will expire Janu- Directors, ary 8, 1942. 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 April 8, 1940. RULON F. STARLEY, Bank Commissioner. |