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Show REPORT OF CONDITION I Of the Milford State Bank of Milford in the State of Utah, j at the close of business on September 30, 1975. 1 ASSETS 1. Cash and due from banks (including I $412,861.95 unposted debits) . . . $ 1,499,197.07 , 2. U.S. Treasury securities 1,426,159.00 I 3. Obligations of other U.S. Government agencies and corporations 100,000.00 ' 4. Obligations of States and political subdivisions . . ; 1,219,161.46 5. Other securities (including $None corporate stocks) 1,423,375.00 7. Federal funds sold and securities I purchased under agreements to sell . . 800,000.00 i 8. Other loans 6,381,119.16 ' 9. Bank premises, furniture and fixtures, and other assets representing bank ' premises 95,465.15 10. Real estate owned other than bank . premises . . 1.00 13. Other assets ......... 1 ...... . 26,249.50 14. TOTAL ASSETS $12,980,727.34 LIABILITIES , 15. Demand deposits of individuals, partnerships, and corporations $ 3,698,760.67 k 16. Time and savings deposits of ' individuals, partnerships, and i corporations 7,006,556.96 ' 17. Deposits of United States Government . 17,589.26 18. Deposits of States and policital ' subdivisions 945,470.82 1 20. Deposits of commercial banks 50,000.00 21. Certified and officers' checks, etc. . . 136,862.80 22. TOTAL DEPOSITS .... $11,855,240.51 . (a) Total demand I deposits 4,236,630.33 k (b) Total time and savings deposits . . 7,618,610.18 l 27. Other liabilities 100,957.73 k 28. TOTAL LIABILITIES $11,956,198.24 29. MINORITY INTEREST IN ' CONSOLIDATED SUBSIDIARIES . . . None j CAPITAL ACCOUNTS 1 35. Equity capital, total (sum of items 36 to 40 below) : . . $ 1,024,529,10 37. Common stock-total par value 100,000.00 (No. shares authorized, 5000) I (No. shares outstanding, 5000) L 38. Surplus 500,000.00 I 39. Undivided profits 341,120.22 i 40. Reserve for contingencies and other I capital reserves 83,408.88 f 41 . TOTA L CA PITA L ACC OUNTS 1 (sum of Items 34 and 35 above) $1,024,529.10 ) 42. TOTAL LIABILITIES, RESERVES, A ND CA PITA L AC OUNTS (sum I of Items 28, 29, 33 & 41 above) $12,980,727.34 ) MEMORANDA !1. Average of total deposits for the 15 calendar days ending with call date . . $11,367,171.12 2. Average of total loans for the 15 calendar days ending with call date . . 7,211,644.97 I J. H. Davis, Vice President & Cashier, of the above-named above-named bank, do solemnly swear that this report of condition is true and correct, to the best of my knowledge and belief. J. H. Davis CORRECT -ATT EST: 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, 1975. Harold L. Morris, (SEAL) Notary STATE OF UTAH Departmart of Financial InstiH'Hons I c B Quinn, Chief Examiner of Financial Institutions, , do hereby certify that the foregoing is a true and correct copy of the statement of the ?ve -named bank, filed in this office on October 14, 1975. C. B. Quinn Chief Examiner of Financial Institutions J Published in the Beaver County News, October 23, 1975. |