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Show ANNUAL REPORT OF THE ST. GEORGE BUILDING SOCIETY Of St. George, Utah, At the close of business, December 31, 1935, to the State Bank Commissioner, Salt Lake City, Utah. Financial Statement, December 31, 1935. ASSETS Cash on hand and due from banks $ 2,042.54 Investments: H. O. L. C. 2 Bonds 376.00 Federal Home Loan Bank Stock 1,500.00 Total Investments 1,875.00 First Mortgage Loans 141,661.51 Stock, Certificate of Pass Book Loans 1,702.40 Real Estate Sold Under Contract 1,914.62 Furniture, Fixtures and Equipments less depreciation 315.00 Advanced for Taxes and Special Improvements 574.91 Total Assets $150,085.98 LIABILITIES Unpledged Withdrawable Shares: Full-Paid Income Shares 66,400.00 Installment Shares 8,761.04 Total Unpledged Withdrawable Shares 75,161.04 Shares Pledged on Mortgage Loans 48,697.37 Borrowed Money Federal Home Loan Bank of 12,800.00 Borrowed Money, other 2,000.00 Due borrowers (Incomplete loans) - 634.26 Surplus or Reserve Fund 10,732.12 Other Liabilities (Itemize) Insurance collected for borrowers 17.85 Taxes collected for borrowers 42.34 Total Liabilities $150,085. 9S Statement of Receipts and Disbursements during the year: RECEIPTS DISBURSEMENTS Investment Stock, all Investment Stock, classes 2,049.50 withdrawn 3,902.84 Pledged Shares 6,637.53 Pledged Shares, with- Renavmenk on Mort- drawn 6,142.66 gages 16,630.71 Maturities Paid 8,900.00 Stock or Share Loans Loaned on 1st Mort- repaid 4,761.67 gage Security 26,723.64 Investments or securi- Loaned on Stock or P. ties sold 9,300.00 B. Sec 2,819.02 Borrowed Money, F. Borrowed Money, re- H. L. B 12,500.00 paid F. H. L. B 2,870.00 Borrowed Money, Borrowed Money, re-other re-other 11,000.00 paid other 10,500.00 Payments on R. E. Investments or Secur- Contracts 44.44 lties Pur'd 4,650.00 Interest from all Operating Expense, In- sources 10,501.16 cl. Salaries 1,990.00 Fees, Fines and For- Interest Expense, Bor- fftiturw B14.77 rowed Money 307.53 Other Receipts: (Itemize) Other Disbursements: (Itemize) a. Rent 30.40 a. Taxes advanced .. 574.91 b. Refund 66.10 b. Dividend 4,077.00 c. Recovery 1,200.00 c. Furn. & Equlp- d. Taxes & Insur- - ment .. 51.50 ance 60.19 Total Disburse- To t a 1 receipts m e n t s dur. during period.. 75,296.47 Period 73,509.10 Cash at Beginning of Cash at Close of Per- Period 255.17 iod -' 2,042.54 Proof 75,551.64 Proof 75,651.64 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 during the vear: ftock' Common 212 Investment Stock 169 No. of shares cancelled during Stock. Common 175 year: Investment Stock .... S2 No. of shares in force at end of Stock, Common 1.36S year: Investment Stock 1,10 8 No. of shares of stock matured and paid during the year S9 A Statement of Salaries Paid to Each of the Officers During the Year. President, $75.00; 1st Vice-President, $75.00; Secretary $975.00 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 the condition of said company's business at the close of the year ending December 31, 1935. Attest: W. O. BENTLEY, W. B. MATHIS Secretary. C. A. KEMP H. T .ATKIN Subscribed and sworn to before me this 2Sth dav of January, 1936. ORVAL HAFEN, Notary Public. STATE OF UTAH, : Office of Bank Commissioner. I, Rulon F. iStarley, 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 third day of February, 1936. R. F. STARLEY, Bank Commissioner. |