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Show STATE OF UTAH DEPARTMENT OF FINANCIAL INSTITUTIONS .JO West S'd South-suite 331 Salt Lake City, Utah 84101 REPORT OF CONDITION of "BANK OF IRON COUNTY" of parowan in the State of Utah at the clow of business on Sep. 30, 1980 ASSETS Dollar Amount in th. Mil. I. Cash and due from banks 1 027 i'i U.S. Treasury securities ; 2 518. 8. Obligations of other U.S. Government agencies and corporations none 4.0bUgaitoniofStendpoUticltubdiviions 412 5. Other bonds, notes, and debenture none 6. Corporate stock " none 1. Trading account securities none 8. Federal funds sold and securities purchased under agreements to resell in domestic offices 1.550 9. a. Loans, Total (excluding unearned income) 10,282 b. Less: Reserve for possible loan losses. 70 c. Loans, net 10,758 10. Direct lease financing none II. . Bank premises, furniture and fixtures, and other assets representing bank premises 941 12. Real estate owned other than bank premises. 35 IS. Investments in unconsolidated subsidiaries and associated companies none 14. Customer's liability to this bank on acceptances outstanding 7! none 15. Other assets 91 16. TOTAL ASSETS (Sum of items 1-15) ' . 17,332 LIABILITIES 17. Demand deposits of individuals, partnerships, and corporations 4,189 18. Time and savings deposits of individuals, partnerships, and corporations. . 8,994 1 9. Deposits of United State Government none 20. Deposits of States and political subdivisions 2.797 21 . Deposits of foreign governments and official institutions none 22. Deposits of commercial banks none 23. Certified and officers' checks .. 134 24. "l OTAL DEPOSITS IN DOMESTIC OFFICES 16.1 14 a. Total demand deposits , 4.835 b. Total time and savings deposits 11 ,279 TOTAL DEPOSITS IN FOREIGN OFFICES none TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 16,114 . 25. Federal funds purchased and securities sold under agreements to repurchase in domestic offices none 26. Other liabilites for borrowed money none 27. Mortgage indebtedness none 28. Acceptances executed by or for account of this bank and outstanding none 29. Other liabilities 1 30. TOTAL LIABILITIES excluding subordinated notes and debentures). . . 16,115 31. Subordinated notes and debentures none EQUITY CAPITAL 32. Preferred stock.', a. No. shares outstanding None.. .(par value).. none 33. Common stock.... No. shares authorized 9000 b. No. shares outstanding 9000 (par value) 90 34. Surplus , "1,010 35. Undivided profits 117 36. Reserve for contingencies and other capital reserves none 37. TOTAL EQUITY CAPITAL (Sum of items 32-36) 1,217 38. TOTAL LIABILITIES AND EQUITY CAPITAL(Sum of items 30, 31, and 37)...". 17,532 MEMORANDA 1. Average for 15 or 30 dalendar days ending with call date: a. Cash and due from banks(Corresponds to item 1 above) 10,815 b. Federal funds sold and securities purchased under agreements to resell Cors. to item 8 above . ..... . .1518 c. Total loans.. (corresponds to item 9a above) 11,312 d. Time deposits of $100,000 or more in domestic offices (corresponds to Memoranda items 3a plus Sb below) 1 .888 e. Total depostis... (corresponds to item 24 above) 15,935 f . Federal funds purchased & SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (cors. to item 25 above) 23 g. Other liabilites for borrowed money., (corresponds to item 26 above) none 2. Standby letter of credit outstanding none 3. Time deposits of $100,000 or more in domestic offices: a. Time certificates of deposit in denominations of $100,000 or more. ...... 1 ,888 b. Other time deposits in amounts of $100,000 or more none 4. Number of operating branches as of call date. , 2 I FRANKJE LOU BENTLEY, Ass't Vice Pres., of the above-named bank, do solemnly swear that this report of condition is true and correct, to the best of my knowledge and belief. r State of Utah, County of Iron Sworn to and subscribed before me ,thi 1th day of October, 1980 , , LAUANA TULLIS Notary Public Published in the Iron Coutny Record Oct. 30, 1980 |