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Show Statement of Condition k Consolidating domestic subsidiaries of the First Western j,j National Bank of Moab in the state of Utah, at the close of M business on December 31, 1976 published In response to call made by Comptroller of the Currency, under title 12, United States Code, Section 161. Charter number 14964. National Bank Region Number 12. t( ASSETS Cash and due from banks 1,514,000 la U.S. Treasury securities 701,000 88 ' Obligations of other U.S. Gov't agencies and corps 300,000 Obligations of States and political subdivisions ... 1,737,000 " Other bonds, notes, and debentures None IM- Federal Reserve stock and corporate stock 12,000 Trading account securities None Federal funds sold and securities purchased Mi- under agreements to resell 575,000 T Loans, Total (excluding unearned income) ' 7,444,000 Less: Reserve for possible loan losses. . .96,000 Loans, Net 7,348,000 eF Direct lease financing None E Bank premises, furniture and fixtures, and other 1,1 assets representing bank premises 346,000 Real estate owned other than bank premises None Investments in unconsolidated subsidiaries and associated companies None Customers' liability to this bank on acceptances . j.r.... t. ' outstanding"'.''. : .' None P Other assets... 108,000 hk Total Assets 12,641,000 b LIABILITIES im Demand Deposits of individuals, prtnshps., )lf and corps.. 4,223,000 Time and savings deposits of individuals, n prtnshps., and corps 5,268,000 & Deposits of United States Government 35,000 M Deposits of States and political subdivisions 1 ,778,000 hi Deposits of foreign govts, and official institutions . None ( Deposits of commercial banks 26,000 Certified and officers' checks 247,000 J Total Domestic Deposits 11,577,000 Total demand deposits 4,809,000 Total time and savings deposits ....6,768,000 Total deposits in foreign offices None TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES None Federal funds purchased and securities sold under agreements to repurchase None Liabilities for borrowed money None Mortgage indebtedness None Acceptances executed by or for account of this bank and outstanding None Other liabilities 71,000 Total Liabilities excluding subordinated notes and debentures 11,648,000 Subordinated notes and debentures 207,000 EQUITY CAPITAL Preferred stock - No. shares outstanding None Common stock a. No. shares authorized:20,000 b. No. shares outstanding: 20,000 (par value) $10.00 200,000 Surplus 200,000 Undivided Profits 386,000 Reserve for contingencies and other capital reserves None Total Equity Capital 786,000 Total Liabilities and Equity Capital 12,641,000 MEMORANDA Average for 15 or 30 calendar days ending with call date: Cash and due from banks 1 ,340,000 Fed. funds sold and securities purchased under agreements to resell 845,000 fl( Total loans 7,365,000 Time deposits of $100,000 or more in domestic offices 173,000 Total deposits 11,490,000 Fed. funds purchased and securities sold under agreements to repurchase None Liabilities for borrowed money None Standby letters of credit (outstanding as of report date) None Time deposits of $100,000 or more (outstanding as of report date) Time certificates of deposit in denominations of $100,000 or more 346,000 Other time deposits of $100,000 or more None 'I, Frankie Nightingale, Cashier of the above-named bank do hereby declare that this RepcVt of Condition is true and correct to the best of my knowledge and belief. Signed: Frankie Nightingale ' Date: January 10, 1977 We, the undersigned directors attest the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief is true and correct. Charles C. McMurray I. D. Nightingale David W. Allen Directors 3 |