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Show REPORT OF CONDITION Of the Milford State Bank of Milford and its Beaver Citj Branch of Beaver, in the State of Utah, at the Close of Business on December 31, 1968 ASSETS l Cash balances with other banks, and cash items ' in process of collection $1,070,027.04 2. United States Government obligations 1,161,688.44 3. Obligations of States and political subdivisions 117,942.03 4. Securities of Federal agencies and corporations . 50,000.00 5. Other securities (including (none corporate stocks) 98,375.00 7. Other loans and discounts 3,349,596.14 8. Bank premises, furniture and fixtures, and other assets representing bank premises 111,265'nn 9 Real estate owned other than bank premises ... 1 00 11. Other assets ' '2n 12. TOTAL ASSETS $5,966,433.89 LIABILITIES 13 Demand deposits of individuals, partnerships, and corporations 1,784,046.23 14. Time and savings deposits of individuals, partnerships, and corporations 2,913,651.10 15. Deposits of United States Government 32,875.00 16. Deposits of States and political subdivisions 587.562.00 19. Ceritified and officers' checks, etc 152,383.41 20. TOTAL DEPOSITS $5,470,517.74 (a) Total demand deposits 2,217,870.64 (b) Total time and savings deposits 3,252,647.10 24. Other liabilities (including none mortgages and other liens on bank premises and other real estate) . . 38,373.92 25. TOTAL LIABILITIES $5,508,891.66 CAPITAL ACCOUNTS 26. (c) Common stock total par value $ 100,000 00 No. shares authorized 5,000 No. shares outstanding 5,000 27. Surplus 235,000.00 28. Undivided profits 55,358.46 29. Reserve for contingencies and other capital reserves 67,183.77 30. TOTAL, CAPITAL ACCOUNTS 457,542.23 31. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $5,966,433.89 MEMORANDA 1. Average of total deposits for the 15 calendar days ending with call date $5,376,278.89 2. Average of total loans for the 15 calendar days ending with call date $3,359,908.64 3. Loans as shown in item 7 of "Assets" are after deduction of valuation reserves of None 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. JOHN H. DAVIS. CORRECT ATTEST: Sam Cline, S. G. Hickman and J. C. Smith, Directors. STATE OF UTAH, County of Beaver, ss. Sworn to and subscribed before me this 8th day of January, 1969. HAROLD L. MORRIS, (SEAL) Notary Public. STATE OF UTAH Office of the Bank Commissioner. I, W. S. Brimhall, Commissioner of Financial Institutions, do hereby certify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on January 10, 1969. W. S. BRIMHALL, Commissioner of Financial Institutions. |