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Show REPORT Made to the Bank Commission of the State of Utah, of the Condition Con-dition of the ST. GEORGE BUILDING SOCIETY Located at St. George, Utah, in the County of Washington, at the close of business on December 31, 1930. Authorized capital $500,000.00 Par value each share 100.00 No. shares sold during year 569.5 No. shares cancelled and withdrawn during year 226 No. shares in force at end of year... 3,262 Statement of receipts and disbursements during preceding year, January 1, 1930, to December 31, 1930: Receipts Cash on hand at close of last fiscal year $ 1,771.60 Payments on installment stock 14,261.88 Repayment of installment stock loans 7,138.64 Deposits, savings stock.... 12,450.00 Partial payments, R. E. loans 9,828.32 Interest and discounts.... 12,976.44 Insurance and taxes, advanced ad-vanced 20.00 Advances in foreclosures 219.90 Membership or withdrawal withdraw-al fees . 59.20 " "Sundry acco"dri,sf ioan .... 63.00 Borrowed money 9,575.00 Pines 700.83 Total Receipts $ 69,064.86 Disbursements Loans on first mortgage securities $ 33,307.03 Loans on install, stock .. 6,574.50 Withdrawals of install. stock 10,106.10 Withdrawals sav. stock.... 2,100.00 Dividends paid during fiscal year 3,227.38 Expenses, inc. salaries .... 1,233.74 Interest paid 1,220.77 Insurance and "taxes advanced ad-vanced 20.00 Real estate expense 219.40 Borrowed money 10,975.00 Cash on hand at close of fiscal year - 80.91 Total Disbursements ....$ 69,064.86 Assets Cash on hand and in banks $ 80.91 Loans on real estate, 1st mortgage 173,296.68 Loans on installment stock - 9,468.76 Furniture and fixtures .... 400.00 Exoenses Daid 1,233.74 Total Assets $184,480.09 Liabilities Installment stock, all classes 1. ...!"..... 94,460.12 Savings stock 58,700.00 Reserves for contingent losses 10,539.44 Borrowed money 18,400.00 Interest collected 1,233.74 Uncompleted cont. inc. bldg. under const 1,146.79 Total Liabilities $184,480.03 No. of shareholders Dec. 31, 1930 205 W. O. Bentley, being first duly sworn, according to law, deposes and says, that he is secretary of the above named company; that the statements made in the foregoing fore-going report are true and correct and that said statement contains a full and correct exhibit of the condition of said company's business busi-ness at the close of the year 1930. W. O. BENTLEY, Subscribed and sworn to before me this 31st day of January, 1931. ELLIS J. PICKETT, Notary Public. Residing at St. George, Utah. (SEAL). My commission expires Jan. 31, 1932. State of Utah, Office of Bank Commissioner. I, W. H. Hadlock, Bank Commissioner Com-missioner of the State of Utah, do hereby certify that the foregoing fore-going is a full, true and correct copy of the statement of the above named company, now on file in my office February 2, 1931. W. H. HADLOCK, Bank Commissioner. |