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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 Dec. 31, 1958 ASSETS 1. Cash, balances with other banks, including reserve balances, and cash items in process of collection $ 518,762.12 2. United States Government obligations, direct and guaranteed 1,059,937.57 3. Obligations of States-and political subdivisions 74,339.94 4. Other bonds, notes and debentures 133,725.00 6. Loans and discounts (including $.685.55 overdrafts) 1,532,214.72 7. Bank premises owned $53,569.88, furniture and fixtures $32,933.41 86,503.29 8. Real estate owned other than bank premises 1.00 11. Other Assets 852.30 12. TOTAL ASSETS $3,406,355.94 LIABILITIES 13. Demand deposits of individuals, partnerships, and corporations $1,159,931.73 14. Time deposits of individuals, partnerships and Corporations 1,249,128.12 15. Deposits of United States Government (including postal savings) 29,918.78 16. Deposits of States and political subdivisions " 679,514.00 18. Other deposits (certified and officers' checks etc) 18,390.21 19. TOTAL DEPOSITS $3,136,882.84 23. Other liabilities 7,454.00 24. TOTAL LIABILITIES .' $3,144,336.84 CAPITAL ACCOUNTS 25. Capital 50,000.00 26. Surplus 175,000.00 27. Undivided Profits 22,189.58 28. Reserves (and retirement account for preferred capital) 14,829.52 29. TOTAL CAPITAL ACCOUNTS 262,019.10 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS. . . .$3,406,355.94 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 and says, that he is cashier of the above named bank and that the foregoing forego-ing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 31st day of December, 1958. r J. C. SMITH Subscribed and sworn to before me this 6th day of Jan., 1959. (Seal) JOHN H. DAVIS, Notary Public. Residing at Milford, Utah. My commission expires Oct. 20, 1959. Correct, Attest: Harold Cline, Sam Cline and George Jefferson, Direcotrs. 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 Jan. 9, 1959. SETH H. YOUNG, Bank Commissioner. |