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Show Page 10A, SPECIAL SECTION. LEADER-GARLAN- TIMES, February D Concentrating on basics has made our banks big enough to help, small enough to' care. 17. IJ77 Basics like leadership. First Security has been the banking leader in mortgage loans, as well as agricultural, industrial and commercial credit. Actually making 60,000 of them totaling $1.6 billion, and another 72,248 loans totaling $434.4 million for everyday consumer needs. Basics like safety. Because our resources and our proven management do make First Security safe, over' a million individuals, businesses and governmental bodies have entrusted us with over 1 billion, 874 million dollars in deposits at year end 1976. And basics like people. First Security is more than the primary source of money in Intermountain communities. It's . Basics like confidence. The confidence of our customers in our willingness and ability to provide the financial service they need. Basics like strength. It lets us make $10.4 million worth of loans every business day. Basics like service. Service in the form of loans to each of the 107 communities we are part of. All kinds of loans. Last year 145,000 of them totaling 2 billion 600 million dollars to help our customers help themselves and their areas grow. CONSOLIDATED RESOURCES ASSETS BILLION 500 MILLION 1 BILLION 500 .... It's not by accident that First Security is the Intermountain West's largest,., We'fe community bankers. We sincerely appreciate the confidence shown in us by our customers and we pledge ourselves to meet your needs and aspi. rations with understanding, courteous and complete banking service. message from George S. Eccles. Chairman and Chief Executive Officer, and all of the people at First Security. A December 31, 1976 (Unaudited) LIABILITIES 1976 $ 245,391,384 221,216,358 92,407,263 69.585,664 11,971,622 Other Securities Trading Account Securities ; : . v Fed Funds Sold 4 Sec. Purchased Under Agreement to Resell . . , 40,500,000 Loans and Discounts (Net of Valuation Reserve of $14,367,748 in 1976 and$11.955,316in 1975; unearned income of $25,076,132 in 1976 and $33,609,117 in 1975) 1,517.094.581 Direct Lease Financing . ; . . . 30,074,793 FixBank Premises Furniture and , . After tures (Net 48,135,910 Depreciation) Stock in Federal Reserve Bank W. 3,060,000 Investment in 2,149,807 Subsidiary . . . 21,203,954 Accrued Income Receivable Other Real Estate (Net of Valuation Reserve of $668,779 in 1976 and , '7,264,701 $3,025,763 in 1975) 12.025,100 Other Assets TOTAL ASSETS $2,322,081,137 2 BILLION 1 - BALANCE SHEET Cash and Due from Banks United States Government Securities Slate and Municipal Securities . First Security Corporation System of Banks people. First Security people. Over 4000 of them. And our people contribute themselves as bankers and citizens to make their communities a better place to live and their bank a better place to do business. They earn their money and spend it in their own communities. Deposits- i MILLION 1966 1968 1970 1972 1974 1976 Demand Deposits .: , X: ...... . . Time Deposits Tbtal Deposits Fed Funds Purch & Sec Sold Under Agreements to Repurch Commercial Paper Accrued Income Taxes Accrued Interest, etc Other Liabilities Notes Payable Within One Year . 7 Notes Due October 1. 1979 . 9 and 9 25 Notes Due 1982-8- 6 , Floating Rate Notes Due 1999 . . TOTAL LIABILITIES Security Seipcjclcsn BANKS AND SUBSIDIARY COMPANIES Members Federal Deposit Insurance Corp . . . . : . Minority Equity Capital $ 647,886,586 1,225,924,096 1,873,810,684 86,013,221 77,832,850 9,183,304 11,615,615 6,378.742 30,048,166 25,000,000 10,000.000 29,916,000 2,159,796,582 845,897 Funds-Preferre- Stock, $3 15 Cum Conv' Series "A" Outstanding 1976 104.009 Shares Common Stockholders' Stock Par Value $1 25 . Issued 1976 5.483.135 Shares Common Treasury Stock at Cost -- 36.817 Shares - . Surplus Total Common Stockholder' Equily . . . . Total Stockholders' Equity TOTAL LIABILITIES AND CAPITAL - FUNDS Firett . ....... 5,460,472 ' 6,853,919 1.276,853 150,401,120 -- 155,978,186 161,436,658 $2,322,061,137 |