OCR Text |
Show STATE BANKING DEPARTMENT ' State Capitol ! SALT LAKE CITY Report of Condition of the State Bank of Hurricane of Hurricane. Hurri-cane. In the State of Utah, at the close of business on Sept. 30, 1940. ASSETS Loans and discounts (including 99.77 over- drafts) $156,734.34 United States Government obligations, direct and guaranteed 13,600.00 Obligations of States and political subdivisions 28,175.00 Cash, balances with other banks, including reserve balances, and cash items in process of collection 107,287.86 Bank premises owned $1,000.00, furniture and fixtures $1.00 1,001.00 Real estate owned other than bank premises.... 1,430.00 TOTAL ASSETS $308,22S.20 LIABILITIES Demand deposits of individuals, partnerships, and corporations $131,663.48 Time deposits of individuals, partnerships, and corporations 119,105.28 Deposits of States and political subdivisions.... 10,465.24 Deposits of banks , 1,643.63 Other deposits (certified and officers' checks, etc.) 993.37 TOTAL DEPOSITS $263,871.00 Other liabilities 3.66 TOTAL LIABILITIES (not including subordinated sub-ordinated obligations shown below) $263,874.66 CAPITAL, ACCOUNT Captial 27,000.00 Surplus 5,000.00 Undivided profits '. 2,941.25 Reserves (and retirement account for preferred pre-ferred capital) 9,412.29 TOTAL CAPITAL ACCOUNTS 44,353.54 TOTAL LIABILITIES AND CAPITAL ACCOUNTS....$308,228.20 This bank's capital consists of $7,000.00 of capital notes and debentures; and common stock with total par value of $20,000.00. MEMORANDA Subordinated obligations: On date of report the required legal reserve against deposits of this bank was 46,741.90 Assets reported above which were eligible as legal reserve amounted to , 107,287.86 STATE OF UTAH County of Washington Henry W. Gubler, being first duly sworn according to law, deposes and says, that he is President 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. HENRY W. GUBLER, President. Correct Attest: J. H. JENNINGS, J. N. STANWORTH, CHAUNCEY SANDBERG, Directors. Subscribed and sworn to before me this 11th day of Oct. 1940. C. HIRSCHI, Notary Public. Residing at Hurricane, Utah. (SEAL) My Commission expires May 23, 1943. 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. |