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Show REPORT OF CONDITION ... Of the Milford State Bank of Milford, and Its Beaver City ! Branch of Beaver, In the Statfc of Utah ' AT THE CLOSE OF BUSINESS ON MARCH' 28.' I947': - ' ' ASSETS !'.'. -i.i -i 1. Cash, balances with other banks,, including n.in ...1., .i reserve balances, and cash items in process, of,: ,; , ,. collection ,..,.,..,..,, ,..$' ?,70,17,8.41 2. United States Government obligations, direct, and . .. , guaranteed ,.,.'.. J'76S, 170.79 ! 3. Obligations of States and political subdivisions"".. 20,000.00 6. Loans and discounts (including $1,121.97 overdrafts) 947,319.51 7. Bank premises owned $2,320.24, furniture and fixtures $1,300.22 3,620.46 11. Other assets 1.00 12. TOTAL ASSETS $2,110,290.17 f LIABILITIES K , ; 13. Demand deposits of individuals, partnerships c f f t - ;r and corporations :. t 1 160 258 '44 14. Time deposits of individuals, partnerships . - . safe, and corporations ..' 692 573 77 15. Deposits of United States Government (including , '.... postal savings) ' 11;774 9V 16. Deposits of States and political subdivisions 90.240,00 18. Other deposits (certified and officers' checks. ete).'- 31 05 31 19. TOTAL DEPOSITS $1,935 952 43 - 23. Other liabilities , ..s --2 &9lG 24. TOTAL LIABILITIES (not including subordinated obligations shown below) .... $1 988 24:6 59 CAPITAL ACCOUNTS 25. Capital 31.300.00 26. Surplus '.......'.r.. .;.. 45.000.00 27. Undivided profits .'...','.'.. '" 20 217 69 28. Reserves (and retirement account for' jrefeVfed ' ' ' ' ,a " capital) ..'.'..'...'.!...!.. "I"i5',425.89 29. TOTAL CAPITAL ACCOUNTS 121,943.58 30. TOTAL LIABILITIES AND CAPITAL r ACCOUNTS t ll'H) H.0.17 This bank's capital consists of: Capital notes and debentures of $ 6.300.1)0 .' J Common stock with total par value of $25,000.00 MEMORANDA . . ..... 31. Assets pledged or assigned to secure liabilities . and for other purposes '.'.': r,;i40'000'00 - :.'";'. lr..-: .1..:.-..; Slate of Utah, County of Beaver: " ..f J. C. Smith, being first duly sworn according to law, deposes' and says, that he is Cashier of the above named bank and that the above and foregoing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 28th day of MaTch, 1947. ,' . ... J. C. SMITH. : .1 Subscribed and sworn to before me this 3rd day o April, i!947 (Seal) . NORMA WHITE. Notary, Public. Residing at Milford, Utah. Mv commission expires 'September 'Septem-ber 1. 1949. : ' Correct Attest: Sam Cline, George Jefferson, 'and. 'Hdro'ldl Cline, Directors. ..... . ... , , 11... i-.ii- State of Utah. Office of Bank Commissioner I. J. M. Knapp, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy j of the statement of the above named company, filed .in mv office I on April 5, 1947. , . , . . Wi . ; J J. M. KNAPP,' " '; . Bank Commissioner. 1 |