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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 December 31, I960 ASSETS 1. Cash, balances with other banks, including reserve balances, and cash items in process of collection . $ 640,972.89 2. United States Government obligations, direct and guaranteed 933,359.58 3. Obligations of States and political subdivisions .... 50,198.00 4. Other bonds, notes, and debentures 98,375.00 6. Loans and discounts (including $474.02 overdrafts) . . 1,866,673.31 7. Bank premises owned $50,140.84, furniture and fixtures $29,614.85 79,755.69 11. Other assets 3,492.73 12. TOTAL ASSETS 3,672,827.20 LIABILITIES 13. Demand deposits of individuals, partnerships, and corporations 1,222,220.03 14. Time deposits of individuals, partnerships 1 and corporations 1,425,848.51 15. Deposits of United States Government (including postal savings) i 28,424.11 16. Deposits of States and political subdivisions 670,877.00 18. Other deposits (certified and officers' checks, etc.) 29,636.18 19. TOTAL DEPOSITS $3,377,005.83 23. Other liabilities 13,584.26 j 24. TOTAL LIABILITIES $3,390,590.09 CAPITAL ACCOUNTS 25. Capital 50,000.00 26. Surplus 175,000.00 27. Undivided profits 29,975.63 28. Reserves (and retirement account for preferred capital) 27,261.48 29. TOTAL CAPITAL ACCOUNTS 282,237.11 ' 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $3,672,827.20 This bank's capital consists of: r 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, Decem-ber, 1960. J. C. SMITH Subscribed and sworn to before me this 9th day of January, 1961. (Seal) HAROLD L. MORRIS, Notary Public. Residing at Milford, Utah. My commission expires Jan. 23, 1962. Correct Attest: Harold Cline,- J. H. Davis and S. G. Hickman, Directors. State of Utah, Office of the Bank Commissioner. I, Spencer C. Taylor, Acting Bank Commissioner, do hereby certify cer-tify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on Jan. 11, 1961. SPENCER C. TAYLOR, Acting Bank Commissioner. |