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Show LEGAL MOTICE I REPORT OF CONDITION OF CENTRAL BANK & TRUST COMPANY of Springville, Utah County, Utah, at the close of business on October 21, 1969. ASSETS Cash and due from banks $ 2,465,279.47 U. S. Treasury securities 4,019,003.47 Obligations of States and political subdivisions .... 2,331,516.48 Other securities (including $149,830.92 corporate stocks) 162,830.92 Federal funds sold and securities purchased under agreements to resell 2,400,000.00 Other loans 15,189,343.24 Bank premises, furniture and fixtures, and other assets representing bank premises 144,867.20 Real estate owned other than bank premises 46,760.03 TOTAL ASSETS $ 26,759,600.81 LIABILITIES Demand deposits of individuals, partnerships, and corporations $ 8,758,281.25 Time and savings deposits of individuals, partnerships part-nerships and corporations 13,200,590.32 Deposits of United States Government 189,776.02 Deposits of States and Political Subdivisions .... 2,466,647.33 Deposits of commercial banks 25,000.00 Certified and officers' checks, etc 127 969.51 TOTAL DEPOSITS $24,768,264.43 (a) Total demand deposits 9,901,743.78 (b) Total time and savings deposits 14,866,520.65 Other liabilities 188,015.68 TOTAL LIABILITIES $ 24,956,280.11 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant pur-suant to IRS rulings) $ 164,424.40 TOTAL Reserves on Loans and Securities $ 164,424.40 CAPITAL ACCOUNTS Equity capital, total of four subsequent items .... 1,638,896.30 Common Stock total par value $ 528,000.00 No. shares authorized, 52800 No. shares outstanding, 52800 Surplus 672,000.00 Undivided profits 438,896.30 TOTAL CAPITAL ACCOUNTS $ 1,638,896.30 TOTAL LIABILITIES RESERVES, AND CAPITAL ACCOUNTS $ 26,759,600.81 MEMORANDA Average of total deposits for the 15 calendar days ending with call date $ 23,958,363.20 Average of total loans for the 15 calendar days ending with call date 15,270,988.40 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. GEORGE R. BIRD We, the undersigned directors attest the correctness of this report of condition and declare that it has been examined by us and to the best of our knowledge and belief is true and correct. George R. Bird ' J. W. Randall F. C. Packard F. Calvin Packard |