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Show REPORT of Condition of SPRINGVILLE BANKING COMPANY of Springville, Utah at the close of business June 30, 1948, a State banking institution organized and operating under the banking laws of this State and a member 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 bal- 1 ance, and cash items in process of collection $ 595,199.21 United States Government obligations, direct and guaranteed guar-anteed 249,104.35 Corporate stock (including $10,800.00 stock of Federal Reserve bank) 10,800.00 Loans and discounts (including $6,352.12 overdrafts)"...! 2,862,785.23 Bank premises owned $10,000.00, furniture and fixtures none 10,000.00 Other assets 506.50 TOTAL ASSETS $3,728,395.29 LIABILITIES Demand deposits of individuals, partnerships, and corporations cor-porations $1,335,852.25 Time deposits of individuals, partnerships, and corporations cor-porations 1,733,096.34 Deposits of United States Government (including postal savings) 4,374.83 Deposits of States and political subdivisions 197,867.96 Other deposits (certified and officers' checks, etc.) 19,924.19 TOTAL DEPOSITS $3,291,115.57 Other liabilities 168.56 TOTAL LIABILITIES (not including subordinated obligations shown below) $3,291,284.13 CAPITAL ACCOUNTS Capital j 200,000.00 Surplus 160,000.00 Undivided profits 37,111.16 Reserves (and retirement account for preferred capitai) 40000.00 TOTAL CAPITAL ACCOUNTS 437,111.16 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $3,728,395.29 This bank's capital consists of: Common stock with total par value of $200,000.00. I, H. C. Maycock, Cashier of the above-named bank, hereby certify that the above statement is true to the best of my knowledge and belief. H. C. MAYCOCK Cashier Correct Attest: F. C. PACKARD ERNEST A. STRONG W. W. BROCKBANK Directors STATE OF UTAH, OFFICE OF THE BANK COMMISSIONER I, J. M. Knapp, 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 July 10, 1948. J. M. KNAPP Bank Commissioner STATE OF UTAH COUNTY OF UTAH ss. Sworn to and subscribed before me this 7th day of July, 1948 G. W. SUMSION Notary Public (Seal) My commission expires Jan. 18, 1949. |