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Show REPORT OF CONDITION the Milford State Bank in the State of Utah w ,t the close of business on September 30, 1976. ASSETS l CaSh and due from banks $ 2,515,000.00 2.U. S. TreasurySecurUies 1,984,000.00 j Obligations of other U.S. Government 'and corporations 100,000.00 4 Obligations of States and political 'subdivisions ............ 1,171,000.00 , other bonds, notes, and debentures 99 000 00 l' Federal funds sold and securities ' purchased under agreements to resell U, domestic offices 800,000.00 j a. Loans, Total (excluding ' ' unearned income) $7,812,000.00 b, Less: Reserve for ' possible loan losses 84,000.00 c. Loans net 7,728,000.00 11, Bank premises, furniture and fixtures, ' md other assets representing bank premises 110,000.00 15, Other assets 18,000.00 TOTAL ASSETS (Sum of items 1 thru 15). . . $14,525,000.00 LIABILITIES 17, Demand deposits of individuals, partnerships, and corporations $ 4,056,000.00 II, Time and savings deposits of $ individuals, partnerships, and ) corporations 8,044,000.00 J 19, Deposits of United States Government . . 54 ooo.OO 20, Deposits of States and political , subdivisions 1,118,000.00 22. Deposits of commercial banks 50 00o.oo 23. Certified and officers' checks 112,000.00 ( 2J, TOTAL DEPOSITS IN ' DOMESTIC OFFICES . . $13,434,000.00 .'j (a) Total demand deposits . 4,860,000.00 X (b) Total time and savings deposits 8,574,000.00 " TOTAL DEPOSITS IN DOMESTIC AND ., FOREIGN OFFICES 13,434,000.00 jl; 2!, Other liabilities None v k TOTAL LIABILITIES $ 13,434,000.00 EQUITY CAPITAL 33, Common stock-total par value $ 100,000.00 i (No. shares authorized, 5,000) f (No. shares outstanding, 5,000) J 3t Surplus 600,000.00 '. !S, Undivided profits . 391,000.00 3S, Reserve tor contingencies and other ,j capita reserves ....... 1 1 . None 1 ; ! TOTAL EQUITY CAPITAL U (sum of items 32 thru 36) $ 1,091,000.00 !!. TOTAL LIABILITIES AND EQUITY CAPITAL (sum of items 30, 31, and 37) . $14,525,000.00 3 MEMORANDA s l.Average for 15 or 30 calendar days J ending with call date $ 2,229,000.00 j b, Federal funds sold and securities purchased under agreements to resell . 800,000.00 J, c. Total loans 7,890,000.00 1. d.Time deposits of $100,000 or more J In domestic offices . . 460,000.00 h e. Total deposits $13,252,000.00 S. a. Time deposits of $100,000 or more In i domestic offices 460,000.00 I (.Number of operating branches as of j call date 1 (One) I, Ii J. H. Davis, Executive Vice President and Cashier, ; "the above-named bank, do solemnly swear that this report ! o' condition is true and correct, to the best of my knowledge ; "ii belief. ! J. H. DAVIS ( Correct -ATTEST: S. G. Hickman, Robert H. Lee, Sam j C'w, Directors. STATE OF UTAH, County of Beaver ss: " Sworn to and subscribed before me this 12th day of . Wober, 1976. jj; , HAROLD L. MORRIS J 1SEAI) Notary Public fTB OF UTAH 't partaent of Financial Institutions w. S. Brlmhall, Commissioner of Financial Institu-; Institu-; m hereby certify that the foregoing is a true and ; (J1 copy of the statement of the above named bank, v In this office on October 14, 1976. ! W. S. BRIMHALL, I Commissioner of . . Financial Institutions I Jed in the Beaver County News, October 21, 1976. |