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Show PUBLIC NOTICES "BECAUSE THE PEOPLE MUSTW Statement Of Condition Of Milford State Bank of Milford In the State of Utah at the close, of business on March 31, 1979 ASSETS 1. Cash and due from banks ....... $ 1,824,000.00 2. UJS. Treasury Securities , 3,949,000.00 3. Obligations of other UJS. Government agencies and corporations 100,000.00 4. Obligations of States and political subdivisions 1,177,000.00 5. Other bonds, notes and debentures . . . 51,000.00 8. Federal funds sold and securities purchased under agreements to resell in domestic offices 800,000.00 9. a. Loans, Total (excluding unearned income) $9,617,000.00 b. Less: Reserve for possible losses ...... 87,000.00 c. Loans, net 9,530,000.00 11. Bank premises, furniture and other assets representing bank premises , 237,000.00 15. Other assets 1,000.00 16. TOTAL ASSETS ......$ 17,669,000.00 LIABILITIES 17. Demand deposits of individuals partnerships, and corporations . .,. .'. 4,123,000.00 18. Time and savings deposits of individuals, partnerships, and corporations 10,163,000.00 19. Deposits of United States Government 47,000.00 20. Deposits of States and political. subdivisions , . 1,730,000.00 22. Deposits of commercial banks . . .., . , 100,000.00 23. Certified and officers' checks ...... 79,000.00 24. TOTAL DEPOSITS IN DOMESTIC OFFICES $16,242.00 a. Total demand deposits " 4,509.00 b. Total time and savings ' deposits 11,733.00 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES ........... 16,242,000.00 30. TOTAL LIABILITIES (excluding subordinated notes and debentures ... 16,242,000.00 EQUITY CAPITAL 33. Common stock (No. shares authorized 5,000) (No. shares outstanding 5,000 -par value) 100,000.00 34. Surplus 700,000.00 35. Undivided profits 627,000.00 37. TOTAL EQUITY CAPITAL 1,427,000.00 38. TOTAL LIABILITIES AND EQUITY CAPITAL . 17,669,000.00 MEMORANDA " v 1. Average for 15 or 30 calendar days ending with call date: a. Cash and due from banks 1,580,000.00 b. Federal funds sold and securities purchased under agreements to resell . 800,000.00 c. Total loans 9,821,000.00 d. Time deposits of $100,000 or more in domestic offices 1,470,000.00 e. Total Deposits 16,037,000.00 3. Time deposits of $100,000 or more in domestic offices: a. Time certificates of deposit in denominations of $100,000 or more . . . 1,470,000.00 b. Other time deposits in amounts of $100,000 or more 100,000.00 4. Number of operating branches as of call date (two) 2 I, J. H. Davis, Executive Vice 'President, o f the 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 - ATTEST: Sam Cline, S.G. Hickman, Robert' H. Lee, Directors. ; STATE OF UTAH, County of Beaver ss: Sworn to and subscribed before me this 11th day of April, 1979. Ronald J. Wunderlich Notary Public ' STATE OF UTAH : Department of Financial Institutions I, Richard L. Burt, Assistant Chief Examiner of Financial Fi-nancial 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 April 13, 1979. Richard L. Burt. Assistant Chief Examiner Of Financial Institutions Published in the Beaver County News, April 19, 1979. |