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Show REPORT OF CONDITION Of the Milford State Bank of Milford in the State of Utah, at ths close of business on September 30, 1971 ASSETS 1. Cash and due from banks (including $253,029.95 unposted debits) $ 879,413.12 2. U.S. Treasury securities 1,509,885.23 3. Securities of other U.S. Government agencies an corporations, Farmers Home Adm, Insured Notes 293,897.26 4. Obligations of States and political subdivisions 382,983.68 5. Other securities (including $None corporate stocks) 98.375.00 7. Federal funds sold and securities purchased under agreements to resell 300,000.00 R. other loans ... 4,492,478.06 9. Bank premises, furniture and fixtures, and other assets representing bank premises ... 110,992.53 10. Real estate owned other than bank premises . . 1,00 13. Other assets 10,371.72 14. TOTAL ASSETS $8,078,397.60 LIABILITIES 15. Demand deposits of individuals, partnerships, a.nd corporations $2,616,372.57 16. Time and savings deposits of individuals. partnerships, and corporations 4,075.007.15 17. Deposits of United States Government .... 50,212.88 18. Deposits of States and political subdivisions . . 580.900.18 21. Certified and officers' checks, etc 50,262.78 22. TOTAL DEPOSITS $7,372,755.56 (a) Total demand deposits . $2,978,958.41 (b) Total time and savings deposits $4,393,797.15 27. Other liabilities "67,979.05 28. TOTAL LIABILITIES $7,440,734.61 29. MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES None CAPITAL ACCOUNTS 35. Fouity capital, total (sum of items 36 to 40 below) 637,662.99 37. Common stock-total par value 100,000.00 (No. shares authorized 5000) (No. shares outstanding 5000) 38. Surplus 250,000.00 39. Undivided profits 207,500.26 40. Reserve for contingencies and other capital reserves 80,162.73 41. TOTAL CAPITAL ACCOUNTS (sum of items 34 and 35 above) 637.662.99 42. TOTAL LIABILITIES. RESERVES, AND CAPITAL ACCOUNTS (sum of items 28, 29. 33, and 41 above) $8,078,397.60 MEMORANDA 1. Averrf e of total deposits for the IS calendar days ending with call date $7,116,502.00 2. Average of total loans for the 15 calendar days ending with call date $4,518,463.67 I, J. 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. J. H. DAVIS CORRECT ATTEST: J. C. Smith, S. G. Hickman, Robert H. Lee, .Directors. STATE OF UTAH. County of Beaver, ss: Sworn to and subscribed before me this 8th day of October, 1971. HAROLD L. MORRIS (SEAL) Notary Public STATE OF UTAH Department of Financial Institutions 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 October 14, 1971. W. S. BRIMHALL Commissioner of Financial Institutions |