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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 October 4, 1987 ASSETS l. Cash, balances with other banks, and cash litems in process of collection $ 670,996.19 2. United States Government obligations 1,015,344.94 3. Obligations of States and political subdivisions . . 247,666.38 4. Seurities of Federal agencies and corporations . . 50,000.00 5. Other securities (includng none corporate stocks) 249.269.00 6. Federal funds sold and securities purchased under agreement to resell 100,000.00 7. Other loans and discounts 2,708,625.51 8. Bank premises, furniture and fixtures, and other ; assets ' representing bank premises 119,714.54 9. Real estate owned other than bank premises . . . 1.00 11. Other assets 5,949.97 12. TOTAL ASSETS ; '. $5,167,567.53 LIABILITIES 13. Demand deposits of individuals, partnerships, and corporations $1,698,672.79 14. Time and pavings deposits of individuals, partnerships and' corporations 2,556,564.03 15. Deposits of United States Government 28,496.85 16. Deposits of States and political subdivisions 370.868.61 19. Certified and officers' checks, etc 47,552.91 20. TOTAL DEPOSITS $4,702,155.19 (a) Total demand deposits 1,999,591.16 (to) Total time and savings deposits . . 2,702,564.03 24. Other liabilities (including non mortgages and other liens on bank premises and other real estate) . . . 29,846.93 25. TOTAL LIABILITIES ' : $4,732,002.12 CAPITAL ACCOUNTS 26. (c) Common stock total par value $ 100,000.00 No. shares authorized 5,000 No. shares outstanding 5,000 ' . 27. Surplus . . . . . . 2Tl fl 28. Undivided profits 8b,4bb.bl 29 Reserve for contingencies and other capital reserves 49'098-80 30. TOTAL CAPITAL ACCOUNTS 435,565.41 31. TOTAL LIABILITIES AND ifi7 -5B7 M CAPITAL ACCOUNTS $5,167,567.53 MEMORANDA 1. Average of total deposits for the 15 calendar days ending with call date $4,525,236.19 2. Average of total loans for the 15 calendar ,,,.,.,, days ending with call date 2,738,715.82 3. Loans as shown in item 7 of "Assets" are after deduction of valuation reserves of ne 4 Securities as shown in items 2-5 of "Assets" are after deduction of valuation reserves of None I John H Davis, Cashier of the above-named bank, do solemnly sol-emnly swear that this report of condition is true and correct, to the best of my knowledge and belief. DAVIS. CORRECT ATTEST: J. C. Smith, S. G. Hickman and Robert H. Leo, directors. STATE OF UTAH, County of Beaver, ss. Sworn to and subset ibed before me Otis 11th day of October, 1067 HAROLD L. MORRIS. (SEAL) Notar' Public STATE OF UTAH Office of the Bank Commissioner. I W S Bvimhall Bank Commissioner, do hereby certify that 'the foregoing is a' true and correct copy of the statement of the above named bank, filed in this office in October 16 1967. : ' W. S. BRIMHALL, ' Bank Commissioner. |