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Show REPORT OF THE CONDITION OF THE GUNNISON VALLEY BANK OF GUNNISON IN THE STATE OF UTAH, AT THE CLOSE OF BUSINESS ON JUNE 29, 1935. ASSETS Loans and discounts..... $171,194.65 Overdrafts . 275.73 United States Government obligations, direct andor fully guaranteed guar-anteed . 14,594.38 Other bonds, stocks, and securities 43,300.02 Banking house $ 10,000.00 Furniture and Fixtures 4,000.00 14.000.C0 Real estate owned other than banking house 6,149.25 Reserve with Federal Reserve Bank...... 17,046.36 Cash in vault and balances with other banks 17,145.83 Other assets 765.20 Real Estate Sold Under Contract 3,950.50 TOTAL ASSETS $288,422.52 LIABILITIES Demand deposits, except United States Government deposits, public pub-lic funds and deposits of other banks $ 80,754.01 Time deposits, except postal savings, public funds and deposits of other banks 109,359.57 Public funds of States, counties, school districts, or other subdivisions subdi-visions or municipalities 37,397.89 Deposits of other banks, including certified and cashiers' checks outstanding 1,789.24 Total of items 1 to 5: (a) Secured by pledge of loans andor invest ments $ 6,000.00 (b) Not secured by pledge of loans andjor invest ments , 223,300.71 (c) TOTAL DEPOSITS $229,300.71 Bills payable 9,000.00 Capital account: Common stock, 500 shares, par $50.00 per share $ 25,000.00 Capital debentures 25,000.00 Undivided Profits net 121.81 TOTAL CAPITAL ACCOUNT 50,121.81 TOTAL LIABILITIES - $288,422.52 MEMORANDUM: LOANS AND INVESTMENTS PLEDGED TO SECURE LIABILITIES United States Government obligations, direct andor fully guaranteed guar-anteed , $ 10,000.00 Other bonds, stocks, and securities .... 6,000.00 TOTAL PLEDGED (excluding rediscounts) $ 16,000.00 Pledged: (b) Against, public funds of States, counties, school districts, or other subdivisions or municipalities $ 6,000.00 (e) Against borrowings 10,000.00 (h) TOTAL PLEDGED $ 16,000.00 State of Utah ) County of Sanpete) Ira Overfelt, being first duly sworn according to law, deposes and says, that he is Cashier of the above named bask and that the afcove and foregoing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 29th day of June, 1935. IRA OVERFELT. Subscribed and sworn to before me this 6th day of July, 1935. Correct Attest: C. E. ANDERSEN, J. S. PETERSON, (SEAL) Notary Public. . J. A. HAGiN, M. D., Residing at Gunnison, Utah. JUNIUS MiETCALF, My Commission will expire January Directors. 26th, 1938. State of Utah ) Office of Bank Commissioner) I, John A. Malia, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed in my office on July 8, 1935. J. A. MALIA, Bank Commissioner. |