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Show BANK REPORT Report of condition of Bonk of Southern Utah, of Cedar City, Iron County, Utah, at the close of business April 12, 1948, a State banking Institution organized and operating under the banking laws of this State and a member of the Federal Reserve System. Published In accordance ac-cordance with a call made by the state Banking Authorities and by the Federal Reserve Bank of this District. ASSETS Cash, balances with other banks, Including reserve balance and cash Items In process of collection $ 673,877.17 United States Government obligations, direct and guaranteed 1,635,977.08 Obligations of States and political subdivisions 131,552.19 Other bonds, notes, and debentures 276,884.43 Corporate stocks (including $7,500.00 stock of Federal Reserve bank) 7,500.00 Loans and discounts (Including $3,697.79 overdrafts 1,606,680.22 Bank premises owned, $15,000.00, furniture and fixtures $10,312.11 25,312.11 Other Assets 960.46 TOTAL ASSETS $4,357,744.26 LIABILITIES Demand deposit of individuals, partnerships, and corporations $1,963,522.93 Time deposits of Individuals, partnerships and corporations .. 1,703,341.36 Deposits of United 6tates Government, (including postal savings) 22,366.96 Deposits of States and political subdivisions 311,008.40 Deposits of Banks 1,340.36 Other deposits (certified and officer's checks, etc.) 35,419.89 TOTAL DEPOSITS $4,036,999.92 TOTAL LIABILITIES (not Including subordinated obligations shown below) $4,038,999.92 CAPITAL ACCOUNTS Capital ... $ 50,000.00 ' Surplus ..... 200,000,00 Undivided profits . 20,744.34 Reserves (and retirement account for preferred capital) 50,000.00 TOTAL CAPITAL ACCOUNTS ......r $ 320.744.34 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $4,357,744.20 This bank's capital consists of: Common Stock with total par value of $ 50,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes . . $102,000.00 LP. B. Anderson, Cashier, of the above-named bank, hereby certify that the above statement Is true to the best of my knowledge and belief. P. E. ANDERSON. Correct Attest: Stanley Bradshaw, John S. Chrlstensen, John D. Hopkins, Hop-kins, Directors. State of Utah, Office of the Bank Commissioner. L J. M. Knapp, 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 April 19, 1948. J. M. Knapp, Bank Commissioner State of Utah, County of Iron ss: Sworn to and subscribed before me this 17th day of April, 1948. (SEAL) Arthur Gardner, Notary Public. |