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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 23, 1958 ASSETS 1. Cash, balances with other banks, including reserve re-serve balances, and cash items in process of 7 T?10 " 'A' $ 389,860.16 . United States Government obligations, direct , Auv u.aranteed 602,089.07 a )?bZ&tl0ns of states and political subdivisions 74,540.54 4. Other bonds, notes and debentures 299,162.50 6. Loans and discounts (including $758.17 overdrafts) , 1 522 518 92 7. Bank premises owned $39,958.30, furniture and fixtures $49,726.18 89,684.48 8. Real estate owned other than bank premises ' l'oo 11. Other assets 1,112.60 12. TOTAL ASSETS $2,978,969.27 LIABILITIES 13. Demand deposits of individuals, partnerships and corporations 1,061,627.67 14. Time deposits of individuals, partnerships and corp6rations 1,162,467.26 15. Deposits of United States Government (including postal savings) 21,043.53 16. Deposits of states and political subdivisions 444786.04 18. Other deposits (certified and officers' checks, etc.) 10,109.98 19. TOTAL DEPOSITS $2,700,034.48 23. Other liabilities 4 905.95 24. TOTAL LIABILITIES $2,704,940.43 CAPITAL ACCOUNTS 25. Capital 50,000.00 26. Surplus 150,000.00 27. Undivided profits 60,048.36 28. Reserves (and retirement account for preferred capital) 13,980.48 29. TOTAL CAPITAL ACCOUNTS 274,028.84 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,978,969.27 "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 50,000.00 State of Utah, County of Beaver: J. C. Smith, being first duly sworn according to law, deposes de-poses and says that he is cashier of the above named bank and that the foregoing report contains a full, true and correct statement state-ment of the condition of said bank at the close of business on the 23rd day of June, 1958. . . J. C. SMITH. Subscribed and sworn to before me this 3rd day of Tulv 1958. J 1 eal) JOHN H. DAVIS, Notary Public Residing at Milford, Utah. My commission expires October 20, 1959. Correct Attest : Harold Cline, George Jefferson and A. R. Hamilton, Directors. State of Utah, Office of the Bank Commissioner: I, Seth H. Young, 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 bank, filed in my office on July 8, 1958. SETH H. YOUNG, - , Bank Commissioner. |