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Show STATE BANKING DEPARTMENT State Capitol SALT LAKE CITY ' Report of Condition of the Bank of St. George of St. George. In the State of Utah, at the close of business on September 3t), 1940. ASSETS Loans and discounts (including $236.07 overdrafts) over-drafts) .' $454,437.27 United States Government obligations, direct and guaranteed 36,450.00 Obligations of States and political subdivisions 34,200.00 Other bonds, notes, and debentures 31,120.00 Corporate stocks 10,658.00 Cash, balances with other banks, including reserve balances, and cash items in process of collection :. 71,976.26 Bank premises owned $7,800.00, furniture and fixtures $2,267.56 10,067.56 Real estate owned other than bank premises.... 6,755.03 TOTAL ASSETS $655,664.12 LIABILITIES Demand deposits of individuals, partnerships, and corporations $266,574.66 Time deposits of individuals, partnerships, and corporations 251,346.65 Deposits of States and political subdivisions.... 40,359.54 Other deposits (certified and officers' checks, ' etc.) 4,585.61 TOTAL DEPOSITS $562,866.46 TOTAL LIABILITIES (not including subordinated sub-ordinated obligations shown below) $o62,866.46 CAPITAL ACCOUNT Capital $ 38,000.00 Surplus 45,000.00 Undivided profits 9,797.66 TOTAL CAPITAL ACCOUNTS 92,797.66 TOTAL LIABILITIES AND CAPITAL ACCOUNTS....$655,664.12 This bank's capital consists of 3800 shares common stock with a total par value of $3800.00. MEMORANDA Subordinated obligations: On date of report the required legal reserve against deposits of this bank was 71,000.00 Assets reported above which were eligible as legal reserve amounted to 71,976.26 STATE OF UTAH County of Washington Arthur F. Miles, 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 30th day of September, 1940. ARTHUR F. MILES, Cashier. Correct Attest: W. O. BENTLEY, WALTER CANNON, ORVAL HAFEN, Directors. Subscribed and sworn to before me this 11th day of October, 1940. WILFORD W. McARTHUR, Notary Public, Residing in St. George, Utah. (SEAL) My Commission expires November 25, 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 October 14, 1940. RULON F. STARLEY, Bank Commissioner. |