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Show AXNUAL REPORT OF THE St. George Building Society Of St. George, Utah, at the close of business, December 31 193 6, to the State Bank Commissioner, Salt Lake City, Utah. Financial Statement, December 31, 1936 ASSETS Cash on hand and due from banks $ 650.11 Investments: Federal Home Loan Bank Stock $ 1,500.00 Total investments 1.500.00 First Mortgage Loans 143,231.33 Stock, Certified or Pass Book Loans 1.735.00 Real Estate Sold Under Contract 2.47S.42 Furniture, Fixtures and Equipment less depreciation 2S3.50 Total Assets 149.S7S.36 LIABILITIES Unpledged Withdrawable Shares: Full-Paid Income Shares 65,700.00 Installment Shares 12,101.09 Total 77.S01.09 Shares Pledged on Mortgaged Loans 43.S35.20 Reserve for Maturity (Investment Shares) .... 1.232. SI Due Borrowers (Incomplete Loans) 1,362.20 Borrowed Money Federal Home Loan Bank of 13,450.00 Surplus or Reserve Fund 12,000.00 Other Liabilities (Itemize) Insurance under F. H. A. Loans 53.93 Taxes for borrowers under F. H. A. Loans 90.60 Fire Insurance for borrowers under F. H. A 62.63 . Total Liabilities 149.S7S.36 . Statement of Receipts and Disbursements During the Year: RECEIPTS DISBURSEMENTS Investment Stock, all Investment Stock, classes 2,994.60 withdrawn S99.93 Pledged Shares S.1SS.73 Pledged Shares, with- Repayments on Mort- drawn S.22S.40 gages 23, 130. IS Maturities Paid S, 300. 00 Stock or Share loans Loaned on 1st Mort- repaid 1,642.40 gage Security 26,722.06 Investments or securi- Loaned on stock or P. ties sold 5,425.00 B. Sec 1,575.00 Borrowed Money, F. Borrowed Money, re- H. L. B 5,000.00 paid F. H. L. B 4,350.00 Borrowed Money, Borrowed Money, re-other re-other 2,500.00 paid other 4,500.00 Payments on Sale of Investments or Secur- R. E. Owned 9S.S6 Hies Pur'd 5,050.00 - Payments on R. E. Operating Expense, In- Contracts 3 6.20 eluding Salaries .... 2,656.63 Income, R. E. Owned.. 60.00 Interest Expense, Bor- Interest from all rowed Money 6 5 7. SO sources 14,279.82 Other Expense, R. E. Fees, Fines & For- Owned 4S6.46 feitures 1,372.55 Other Disbursements: (Itemize) Premiums and Com- a. Dividend-Cash .... 3,957.00 missions 147.82 b. Real Estate Pur-Other Pur-Other Receipts: (Itemize) chase 69 8.86 a. Re-pay Taxes ad- c. Taxes, Ins. F. H. vanced 574.91 A 478.29 b. Recoveries 1,100.00 d. Sundry 12.60 c. Ins. Taxes, etc., Total Disburse-F. Disburse-F. H. A 615.16 ments during d. Sundry 24.47 Period 6S, 473.03 Total receipts Cash at Close of Per- during period .... 67.0S0.60 iod - 650.11 Cash at beginning of Proof 69,123.14. period 2,042.54 Proof 69,123.14 AUTHORIZED CAPITAL Authorized Issue, Stock, Common No. of Shares 2,500 Par Value $100.00- Authorized Issue, Investment stock No. of Shares 2,500 Par Value $100.00 No. of Shares sold duing the year: Stock, Common 246 Investment Stock Common 80 No. of Shares cancelled dur. year: Stock, Common 280 Investment Stock Common 44 No. Shares in force at end of year: Stock, Common 1,260 Investment Stock Common 1,144 No. of Shares of stock matured and paid during the year 83 A Statement of Salaries Paid to Each of the Officers During the Year. President $75.00; 1st Vice-President $75.00 ; Secretary $1,706.25. W. O. Bentley being first duly sworn according to law deposes and says, that he is the Secretary of the above named company; that the statements made in the foregoing report are true and correct and that said statements contain a full and correct exhibit of tho condition of said company's business at the close of the year end-in end-in December 31, 19 3 6. Attest: W. O. BENTLEY, W. B. MATHIS, President Secretary. H. T. ATKIN C. A. KEM'P Subscribed and sworn to before me this 25th day of January, 1937. ORVAL HAFEN, , Notary Public. STATE OF UTAH, ) Office of Bank Commisioner ) I, Rulon F. Starley, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a full, true and correct copy of the statement and report of the above named company, now on file in my office this twenty-eighth day of January, 1937. R. F. STARLEY, Bank Commissioner. |