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Show REPORT of condition of "BANK OF SOUTHERN UTAH" of Cedar City, Utah, at the close of business October 7, 1951, a State banking institution institu-tion 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 '$1,007,124.14 United States Government obligations, direct and guaranteed 1,856304.00 Obligations of States and political subdivisions 448,598.97 Other bonds, notes and debentures '. 89,977.72 Corporate stocks (including $12,000.00 stock of Federal Reserve bank) 12,000.00 Loans and discounts (including $15,032.31 overdrafts) .. 2,406,722.88 Bank premises owned $3,000.00, furniture and fixtures $72,241.74 75,241.74 Real estate owned other than bank premises 3,857.49 Other assets 2,124.54 TOTAL ASSETS $5,961,951.48 LIABILITIES Demand deposits of Individuals, partnerships, and corporations $2,834,311.93 Time deposits of individuals, partnerships, and corporations v 2,091,107.39 Deposits of United States Government (including postal savings) 128,212.87 Deposits of States and political subdivisions 448,461.20 Other deposits (certified and officers' checks, etc.) 25,990.48 TOTAL DEPOSITS $5,528,083.87 Other liabilities 8,192.24 TOTAL LIABILITIES (not including subordinated obligations shown below) $5,536,276.11 CAPITAL ACCOUNTS Capital $ 100,000.00 Surplus 300,000.00 Undivided profits 25,675.37 TOTAL CAPITAL ACCOUNTS 425,675.37 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $5,961,951.48 This bank's capital consists of: Common stock with total par value of $100,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes $ 200,000.00 (a) Loans as shown above are after deduction of reserve of 89.519.00 I, Arthur Gardner, Cashier, of the above-named bank, hereby certify that the above statement is true to the best of my knowledge knowl-edge and belief. ARTHUR GARDNER. Correct Attest : ELWOOD J. CORRY, HENRY L. JONES, FRED B. PARKINSON, Directors. State of Utah, County of Iron, ss: Sworn and subscribed before me this 14th day of October, 1954. FRANCIS W. BETENSON, Notary Public. STATE OF UTAH, Office of the Bank Commissioners: I, Louis S. Leatham, 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 October 15, 1954. LOUIS S. LEATHAM, Bank Commissioner. (October 21) |