OCR Text |
Show REPORT OF CONDITION OF CENTRAL BANK & TRUST COMPANY of Springville, Utah County, Utah, at the close of business December 30, 1967. ASSETS Cash, balances with other banks, and cash items in process of collection $ 1,507,597.11 United States Government obligations 4,956,390.94 Obligations of State and political subdivisions .... 686,247.63 Other securities (including $147,947.83 corporate stocks) 160,947.83 Federal funds and securities purchased under agreements to resell 1,200,000.00 I Other loans and discounts 13,206,694.89 Bank premises, furniture and fixtures, and other assets representing bank premises 174,944.76 Real estate owned other than bank premises .... 32,040.64 TOTAL ASSETS $ 21,924,863.80 LIABILITIES Demand deposits of individuals, partnerships, and corporations $ 6,609,732.95 Time and savings deposits of individuals, partnerships, part-nerships, and corporations 11,299,053.58 Deposits of United States Government 142,770.63 Deposits of States and political subdivisions 2,000,866.00 Deposits of commercial banks 49,686.76 Certified and officers' checks, etc 178,880.29 TOTAL DEPOSITS $20,280,990.21 (a) Total demand deposits 7,850,936.63 (b) Total time and savings deposits 12,430,053.58 Other liabilities 165,059.59 5 TOTAL LIABILITIES $ 20,446,049.80 CAPITAL ACCOUNTS Common Stock total par value $ 528,000.00 No. shares authorized, 52800 No. shares outstanding, 52800 Surplus 528,000.00 Undivided' profits" 422,814.00 TOTAL CAPITAL ACCOUNTS $ 1,478,814.00 TOTAL LIABILITIES & CAPITAL ACCOUNTS $ 21,924,863.80 MEMORANDA Average of total deposits for the 15 calendar days ending with call date $ 21,810,680.69 Average of total loans for the 15 calendar 0,0.-.nca days ending with call date 13,102,560.66 Loans as shown in item 7 of "Assets" are after deduction of valuation reserves of 68,60.5 I George R. Bird, vice-president and cashier of the above-named above-named bank, do solemnly affirm that this report of condition is true and correct, to the best of my knowledge and belief-Correct belief-Correct Attest : GEORGE R. BIRD F. C. PACKARD J. W. RANDALL H. C. MAYCOCK Directors (State of Utah, County of Utah ss: Sworn to and subscribed before me this 10th day of January, 1968 FLORENCE D. CHIPMAN Notary Public (SEAL) STATE OF UTAH Department of Financial Institutions Twit,,HnTi! 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 m this '! office on January 18, 1968. W. S. BRIMHALL Commissioner of Financial Institutions |