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Show REPORT OF CONDITION Of the Milford State Bank of Milford, and its Beaver City Branch of Beaver, in the State of Utah at the close of business on June 6, 1957 ASSETS 1. Cash, balances with other banks, including reserve balances, and cash items in process of collection $ 520,210.22 2. United States Government obligations, direct and V guaranteed 749,223.24 3. Obligations of States and political subdivisions.... 81,842.28 6. Loans and discounts (Including $340-26 overdrafts) 1,419,011.24 7. Bank premises owned $55,841.00, furniture and fixtures $33,076.98 .... 88,917.98 8. Real estate owned other than bank premises .... 1.00 11. Other assets ; 323.44 2. TOTAL ASSETS" $2,859,529.40 LIABILITIES 13. Demand deposits of individuals, partnerships and corporations 1,155,611.15 14. Time deposits of individuals, partnerships I and corporations 1,008,503.80 15. Deposits of United States Government (including postal savings) 10,332.80 16. Deposits of State' and political subdivisions .... 400,519.37 18. Other Deposits (cot d and officers' checks, etc.) en(1 .20,420.13 19. TOTAL DEPOSITS .... .: $2,595,387.25 23. Other liabilities 2,634.03 24. TOTAL LIABILITIES $2,598,021.28 CAPITAL ACCOUNTS 25. Capital 50,000.00 26. Surplus 12H0 27. Undivided Profits 73,034.46 28. Reserves (and retirement account for preferred capital) 13.473-bb 21). TOTAL CAPITAL ACCOUNTS 261,508.12 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,859,529.40 "This bank's capital consists of: Common stock with total par value of $50,000.00 MEMORANDA 31. Assets pledged or assigned to secure liabilities and for other purposes SO.UUU.uu State ot Utah, County of Beaver: ' J. C. Smith, being first duly sworn according to law, deposes and says, that he is Cashier of the above named bank and tnat the above and foregoing report contains a full, true and correct ,-s -. statement of the condition of the said bank at the close of business on the 6th day of June, 1957. c gMITH Subscribed and sworn to before me this 1st day of July, 1957. eal) JOHN H. DAVIS, Notary Public Residing at Milford, Utah. My commission expires October 20, 1959 Correct, Attest: Harold Cline, George Jefferson and Sam Cline, Directors. State of Utah, Office of Bank Commissioner I, Seth H Young, Bank Commissioner of the State of Ulan do hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed in my omce on July 5, 1957. ETH H. YOUNG Bank Commissioner. |