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Show REPORT OF CONDITION Of the Milford State Bank of Milford, and Its Beaver City , Branch of Beaver, In the Stale of Utah , AT THE CLOSE OF BUSINESS ON DECEMBER 31, 1946 i ASSETS 1. Cash balances with other banks, including reserve bal- - ances, and cash items in process of collection $ 532,212.56 2. United States Government obligations, direct and guaranteed 788,170.79 6. Loans and discounts (including $6,282.07 overdrafts) .... 857,253.60 . 7. Bank premises owned $2,320.24, furniture and fixtures, T $1,300.22 3,620.46 11. Other assets '. 1.00 12. TOTAL ASSETS : $2,181,258.41 ' LIABILITIES 13. Demand deposits of individuals, partnerships, and cor porations 1,167,145.80 14. Time deposits of individuals, partnerships, and cor porations 684,376.41 15. Deposits of United States Government (including postal savings) 11,232.00 16. Deposits of States and Political Subdivisions 170,410.00 18. Other deposits (certified and officers' checks, etc.) .... 25,953.39 19. TOTAL DEPOSITS $2,059,117.60 23. Other liabilities 2,549.16 24. TOTAL LIABILITIES (not including subordinated subordi-nated obligations shown below) $2,061,666.76 CAPITAL ACCOUNTS 25. Capital -? 31'S00.00 2fi. Surplus - .000 1.00 27. Undivided profits 17,791.97 28. Reserves (and retirement account for preferred capi- jaj 25.499.68 29. TOTAL CAFITAL ACCOUNTS 119,591.65 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS . . . 2,181,258.41 This bank's capital consists of $6,300.00 of capital notes and debentures; de-bentures; and common stock with total par value of $2o,000.00. MEMORANDA 31. Assets pledged or assigned to secure liabilities and for other purposes . 13U.TOU.W) State of Utah, County of Beaver: J C Smith, beintr first duly sworn according to law. deposes nn.l s'avs that he i Cashier of the above named bank and that the above ;m'd foregoing report contains a full, true and correct statement state-ment of the condign of the said bank at the close of business on the 31st day of December, 1946. 0,rTmT J. C. SMI I H Subscribed and sworn to before me this 4th day of January 1947. Norma White. Notary Public (Seal) Residing at Milford, Utah. My commission expires cTrrJc'tttt: George Jefferson, Sam Cline and Harold Cline. Directors. i ' Qff. nf Utah Office of Bank Commissioner J M WPP Bank Commissioner of the State of UKdo 1 j. m. iv.fvi . , js a true nnd correct cony of the 'ZSLnfoI tbS company, filed in my office on January 7, 1947. j M jf pp. Bank Commissioner |